USCGC trade ideas
Gold claimed 2720 level now time to make a HHAs discussed in last two days posts gold is now claiming the 2715-21 area and reversed the correction phase completely, after CPI gold printed a good bullish candle and the day closed Just under this zone , now a breakout on this zone can push the price towards next resistance area with high volume (area at 2738-55) and can make a pullback from there , on pullback we can plan buy as marked on chart.
2715-20 area is good resistance and we have seen good rejection from this level today in Asian opening session, and breakout from this area can provide opportunity on Intraday Buy scalping , and next level for Intra day sell in scalping is 2738.
I am still watching and waiting for swing opportunity and expecting a swing buy in next week (around Dec. 17 to dec 20) till then scalping on Intra day levels is good.
Gold Trading Strategy for 12th December 2024Gold Trading Strategy
Key Levels:
Buy Above: 2731 (on the high of the candle that closes above 2731 on a one-hour chart)
Sell Below: 2705 (on the low of the candle that closes below 2705 on a one-hour chart)
Support and Resistance:
Support Levels:
First Support: 2705
Second Support: 2680
Resistance Levels:
First Resistance: 2731
Second Resistance: 2755
Strategy Details:
Buy Signal: Enter a buy position above the high of the candle that closes above 2731 on a one-hour time frame.
Sell Signal: Enter a sell position below the low of the candle that closes below 2705 on a one-hour time frame.
Additional Tips:
Monitoring: Keep a close watch on the one-hour chart for clear buy or sell signals.
Risk Management: Always use a stop-loss to manage risk and protect your capital.
Market Conditions: Stay updated on market news and events that could affect gold prices.
Disclaimer:
This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
Gold breakout from the ConsolidationGold price breakout from consolidation and now trying to move higher ,for the correction phase (2721 to 2606) price now successfully claimed the 50% pullback as per Fibonacci (2663) and now trading above this level , next major Fibonacci level is 60% pullback which is at 2677, if price claim this level on Higher TF (daily or H4) then price can extend this bullish rally towards psychological resistance at 2700, above 2700 we have the swing high at 2721 , so to reverse and to confirm the low in December bulls need to claim this level on HTF.
For Intra day we can use these levels for buying or selling as plotted on chart , and for swing we have to wait for confirmation of cycle low or have to wait for breakout from 2715-21 , till then it's better to wait and watch for suitable entry. Personally I am without any entry as of now, will update you my position once I get confirmation as per current PA.
XAU/USDSupport and Resistance Levels: These are price levels where the price of a currency pair tends to pause or reverse its direction. Support is a level where buying pressure is strong, while resistance is a level where selling pressure is strong.
Gold Trends Forecast December 11🤑Gold Trends Forecast December 11
✔️ Gold continued its impressive upward momentum during yesterday’s session. This was fueled by investor optimism as China expanded its economic stimulus packages, while geopolitical risks in Syria remain despite opposition forces gaining control over some areas. Notably, there has been no news or economic data strong enough to weaken Gold's upward trend.
✔️ In my view, unless unexpected factors arise—such as controversial remarks from Trump or economic data that shakes the market—Gold is likely to continue its climb. Lower interest rates have made the opportunity cost of holding Gold more attractive, which is the primary reason for its rebound from the 2,5xx and 2,6xx levels. A deep downward reversal should only be considered if the Fed signals a return to interest rate hikes.
✔️ For tonight’s session, the CPI data will be the decisive factor. If inflation figures are favorable, Gold could break above 2,75x or experience a deep correction of 50–70 points. However, I lean toward the scenario of only a slight correction before continuing its rise, thanks to the current bullish sentiment.
My personal strategy is to wait for a minor dip and then re-enter with these targets:
Short-term: 2,700–2,705
Longer-term: 2,710–2,715
In the European session, if Gold holds the 2,6xx range or near 2,69x, a Buy strategy remains viable. Conversely, if prices fall below 2,68x and close below this level, I will reconsider the strategy. From mid-European sessions onward, if prices fail to break the 2,7xx range, I will exit Buy positions and switch to Sell, aiming for 5–10 points.
🟢 BUY 2688.x Sl 2683 Scalp
🟢 BUY 2676 - 2674 SL 2671
🔴 SELL 2620 - 2622 SL 2625 - D1 plan
Gold we booked 21 points profit, 2710-2715 big resistance Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 23.6% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold breakout 2700 before CPIGold breakout 2700 level today before the CPI release , 2700 is psychological resistance and weekly R3 on weekly pivot, gold price now almost reversed the correction that was started from November 25, as discussed in yesterday post price need to claim 2715-21 area on daily close to confirm this as a complete reversal and we can then plan the next buy move on breakout or we have to wait for a pullback from this area (either from 2700 or from 2715-21) and on pullback after confirmation we can plan the buy opportunities.
for Intra day watch 2700 and 2715-21 and major resistance at 2738-45 as scalping levels/zone; and for swing wait for daily close as we have major data that going to add volatility for Intraday.
I am still watching from the sideline as I don't want to decide the next move from here in FOMO , Will wait for more confirmation and will update accordingly.
Gold Trading Strategy for 11th December 2024Gold Trading Strategy
Key Levels:
Buy Above: 2696
Sell Below: 2690
Targets:
Upside Target: 2712
Downside Target: 2676
Strategy Details:
Buy Signal: Enter a buy position above the high of the candle that closes above 2696 on a 15-minute time frame, aiming for an upside target of 2712.
Sell Signal: Enter a sell position below the low of the candle that closes below 2690 on a 15-minute time frame, aiming for a downside target of 2676.
Disclaimer:
This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
GOLD TRADING POINT UPDATE >READ THE CAHPTACINBuddy'S dear friend 👋
Gold Trading Signals 🗺️ Update Gold Traders list week NFP Dita expect it USD Fundamental analysis Update Gold Not sure move up trand not short trend 📉📈. I expected it 😮 today night 🌉 market open start Short Trade. Technical analysis setup
Gold 4 H chart candle close below 2609 this week next target we'll see 2500 ?!
Resistance level 2655 2665
Support level 2621 2605 2500
Technical Analysis charter patterns
Support ✨ My hard analysis setu like And Following Me that is star ✨ of game 🎯
Gold Trading Levels for 09th December 2024Gold Trading Levels and Analysis
Gold has been consolidating for the past week, indicating a potential breakout is imminent.
Here are the key levels and details:
Buy Setup
Entry: Buy above 2,643 if the price breaks and closes above this level, signaling an upward breakout.
Targets:
2,700-2,710
Stop Loss: Below the low of the breakout candle for risk management.
Sell Setup
Entry: Sell below 2,624 if the price breaks and closes below this level, signaling a downward breakout.
Targets:
2,560-2,550
Stop Loss: Above the high of the breakdown candle.
Market Context
Gold has been trading in a tight range, creating pressure for a potential breakout in either direction. This week’s market movement could determine the direction, so watch for the key levels closely.
Disclaimer
The above analysis is provided for educational purposes only and is not intended as financial or investment advice.
Trading in commodities carries risk, and past performance is not indicative of future results.
Please perform your own research or consult a certified financial advisor before making any trading decisions.
Always trade responsibly and use proper risk management techniques.
XAUUSD_4H ANALYSISXAUUSD_4H ANALYSIS
Everything is mentioned on Charts.
Please always look for double confirmation before entry.
Wish you Happy & safe Trading.
Trade as per your own RISK
Please Note:
My studies are for educational purpose only.
Please consult your financial advisor before Trading or Investing.
I'm not responsible for any kinds of your Profits & Losses.
Positive Delta Accumulation over 7 days time. time to buy ?Next target 2720 potential levels are achievable as we can clearly see the week past has shown positive accumulation of Buy orders and every day closing had positive ending and each day was closing on 1000+ lots.
There is no strong reason to believe that XAUUSD has long upside future until USA does not announce its financial policy over this week
GOLD TRADING POINT UPDATE >READ THE CAPTAINBuddy'S dear friend 👋
Gold Trading Signals 🗺️🗾 Update gold 😁 ready for big below 👇 trend 📉 Gold Traders SMC-Trading Point still holding Short Trade today gold test supply zone rejected oderbolk going to Short Trade Now entry ☺️🤝 2673 target we'll see 2500
Resistance level 2677+2772
Support level 2653 -2616 2500
Support 💫 My hard analysis Setup like And Following Me 🤝 that star ✨ game 🎯
XAUUSD CONFIRM SIGNAlWhen market reach 2674 we can sell from there
as there is a strong resistance we will trade to 2664 and 2660
use my analysis and make good profit
GOOD LUCK
XAU/USD Set to Break Consolidation and Target New All-Time High
XAU/USD has been trading in a consolidation phase, showing no significant upward or downward movement between November 25 and December 9. Previously, it hit a low of 2537 on November 14. Sellers have been attempting to push the price back to this level, but they’ve struggled to break below the psychological support at 2600.
This inability to breach key support suggests bearish momentum is weakening. With the price holding firm above 2600, the likelihood of a breakout above the trendline increases. If this happens, gold could rally to test its all-time high of 2780–2800.
XAUUSD GOLD Analysis on (10/12/2024)#XAUUSD UPDATEDE
Current price - 2670
If price stay below 2688,then next target 2648,2621 and above that 2705
plan; If price break 2670-2675 area, and stay below 2670,we will place sell order in gold with target of 2648 and 2621 & stop loss be placed at 2688
Gold Trends Forecast December 10Gold Trends Forecast December 10
• Gold prices rose to a two-week high on Monday (December 9), gaining more than 1% as China's central bank resumed buying the precious metal after a six-month hiatus, with optimism growing on expectations the US Federal Reserve will cut interest rates next week.
• "The most important factor is the news that the People's Bank of China (PBOC) announced that it is resuming gold purchases... the market is hoping that we can see other central banks follow suit and we can see a continuation of the record buying," said Bart Melek, head of commodity strategy at TD Securities.
• The US Federal Reserve (Fed) has started its interest rate easing cycle with a 0.5% cut in September 2024, followed by a 0.25% interest rate cut in November 2024. Investors are currently predicting an 87% probability that the Fed will continue to cut interest rates by 0.25% at the meeting on December 17-18. However, if the Fed pauses and the fundamental messages become cautious, this will cause some temporary pressure on gold prices.
• Technical analysis:
• Gold broke the downtrend in the h1 frame, breaking through the accumulation sw border, although it has not closed the previous day's candle at 2670, it also shows quite strong buying power.
• Expect Fibo 0.5 – 0.618 to buy back
• Trading plan:
Buy Gold: 2652 – 2650
SL: 2648
TP: 2656 -2662 – 2674
If SL this order buys back
Buy Gold: 2645 - 2643
SL: 2640
TP: 2656 -2662 – 2674 – Open
Sell Gold: 2686 – 2688
SL: 2692
TP: 2679 - 2660
