XAUUSDHI guys,
I have saw an opportunity in gold spot /Dollar. If the price will brake the high of 2686 then we will see the big move in XAUUSD.
Wait for breakout.
USCGC trade ideas
All eyes on GoldAs discussed in yesterday's update gold is still looking good to more higher and gold is following that statement perfectly , as you can see on hourly chart after a small pullback in yesterday trading session gold price took support at weekly pivot (2640) and after that price moving in higher side, for today also the CPR relation is positive and gold price is taking support on CPR area and we can expect continuation in higher side , weekly R1 is at 2677 and at that level we can expect another small pullback and then price can continue in higher side towards 2685 or higher level, there is no sign of good reversal so we have to wait for higher levels for any selling opportunities , the only limiting factor that currently stopping the gold bulls is strong dollar Index chart, but I think DXY is also due for correction which can help gold bulls to make a good move in higher side : overall the scenario is still favourable for buying on Intraday .
GOLD SHORT !!we can see QM area on 15m time frame
and the price turn down from daily resistance
get ready for drop
BTC & Gold Price Action Analysis | Key Levels and Trade SetupsIn today’s video, I dive into the latest price action analysis for Bitcoin (BTC) and Gold. We’ll be breaking down key support and resistance levels, identifying potential breakout zones, and discussing trade setups you can keep an eye on.
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Feel free to share your thoughts in the comments below and let me know which asset you’re keeping an eye on this week.
Happy trading!
#BTC #Gold #PriceAction #TradingAnalysis #Forex #SwingTrading
Short Term Buying modeGold is aggravated to move up by showing some positive confidence by buyers. its a rally fuled by buyers by their interest and not buying due to fear.
Gold XAUUSD sold at 2652 Target 2635,2615, 2596Disclaimer -
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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
GOLD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a better trader
thank you
#XAUUSD is expecting one pause...#Xausdgold is completing its 5th 3rd subordinate and now looking for small correction. as well it not able to cross 2686 we are looking for buy on dip.
I'm bullish but will buy at lower level.
Gold Chart Pattern for 15 Oct 2024Gold is currently hovering in no trade zone for today its good to look for levels of 2653.630 to go long and support zone of 2643.400 to go for short , wherever it goes according to this we will get enough points.
Gold : Still looking goodDespite the strong Dollar Index gold doing good and currently trading near to All time high and still looking good to go higher, on technical basis also, If we watch the daily CPR formation , CPR is ascending for today also + gold price trading above weekly pivot (2640),So technically the price is still favourable for bulls and we can expect continuation in higher side as per this formation, yesterdays decline/ correction was not convincing enough for bears and I think it is normal corrective structure after a bullish structure and this correction can add more fuel for incoming bullish structure at least towards 2685.
In Lower side we have to watch weekly Pivot as major Level for continuation or reversal point .
"Gold Short Alert: 16 Points Banked from the Predicted Drop!""Just as predicted a day or two ago, the market reacted sharply from the selling levels I marked, resulting in a massive selling move! 16 points captured on this drop for those who were ready to act. How many of you caught this move and made a profit? Let me know in the comments!"
"Gold Trade Success: 22 Points Banked on Key Support Bounce!""In today's gold trading, a solid 22 points were booked on the buying side, thanks to our precise levels that delivered as predicted. We marked a sharp move upward from the identified support zone around 2,650.204, with price action hitting the upper resistance levels. This powerful surge reflects how key levels can drive consistent gains. Stay tuned for more impactful trades!"
Gold Fueled by fear not for buying volumesToday, gold is showing strong upward momentum, fueled by multiple factors. Geopolitical tensions, particularly in the Middle East, have increased gold's appeal as a safe-haven asset. The ongoing conflict between Israel and Hamas has escalated, pushing investors toward gold, which is seen as a stable store of value during times of uncertainty. In addition, central banks, especially in China and the Eurozone, are adopting more dovish monetary policies, which further support gold prices by keeping interest rates low and driving demand from investors looking for alternatives to low-yield assets.
Technically, gold has broken significant resistance levels. Prices are currently hovering around $2,685 and are expected to test the $2,700 mark soon. Analysts suggest that if gold sustains its price above $2,685, it could rally to $2,735 in the coming days. However, a pullback to around $2,625–$2,650 is possible if short-term exhaustion sets in, offering potential buying opportunities.
From a supply perspective, production challenges in major gold-producing countries like the U.S. and Australia are adding to bullish sentiment. With declining output and limited exploration activities, the long-term outlook remains favorable for gold prices.
In the near term, traders should monitor geopolitical developments and central bank policies closely, as these are the key drivers influencing gold's trajectory.
Gold Zone to Zone DoneWhat a Perfect reversal in Gold .
Zone to Zone trading Done .. Demand to Supply Zone. Again Rejection from Supply Zone in MCX chart. IF it falls then we can see a reversal trade till Demand Zone MCX chart.
Gold if break Friday high then upmove will continue 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 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
"Gold Live Trade: Eyeing Key Breakout or Breakdown!"Gold is currently in consolidation, and we’re closely watching for a breakout above resistance or a drop below support. Keep an eye on the overall trend and price movement to gauge momentum. Our focus will be on capitalizing on any clear moves.
Gold Chart PatternGold opened gapdown this morning currently it's on point of swing ,may be it can pullback from here and we can see candlestick pattern from here but if it comes to support zone may be we can see upward momentum from there and we can easily make target for last high swing from there , but we've to carefully look for candlestick pattern from there to optimize our P/L.
XAUUSD’s Final Wave Completion – What’s Next?XAUUSD has formed a corrective pattern on the hourly chart, offering a potential breakout setup. The correction has spanned over two weeks, during which the price has frequently crossed the EMAs (50/100/200 ) on the hourly timeframe. Meanwhile, the 20 EMA has consistently acted as solid support on the daily timeframe.
The pair has completed its final wave 5 of wave (C) at 2604 and has since started to rise sharply. Currently, XAUUSD faces a strong resistance level at 2670 , which marks the high of wave (B). If the price breaks above 2670 , traders can target the following levels: 2685 - 2715 - 2735 +. If the breakout fails, the correction may continue, as 2670 is the key hurdle for the bulls to overcome.
Further updates will follow soon.
XAU/USD Bullish SignalXAU/USD breaking strong trendline with strong bullish candle and bullish rsi divergence seems promising.
Gold in sell Gold in sell but wait for monday...take if it's reverse or wait for this swing complete
"Gold's Danger Zones: Are You Prepared for the Next Move?"Gold Trading Analysis: Key Levels for Your Strategy
In this analysis, we focus on two critical levels for gold trading: 2665.624 and 2670.240. These levels are your danger zones, and you should only use them on the 15-minute timeframe.
Here’s how to approach it:
1. Breakout and Retest: Whenever you see a breakout at these levels on the 15-minute chart, wait for a retest before entering. This increases your chances of a successful trade.
2. Set Your Targets: After entry, aim for the next level as your profit target and enjoy the gains!
3. Avoid Large Candle Breakouts: If there’s a breakout with a large candle on the 15-minute timeframe, exercise caution. Such breakouts can lead to bigger stop-losses, increasing the risk of getting stopped out.
Your feedback is crucial! If you find my analysis helpful and are making profits by following these levels, please comment and let me know. Your support motivates me to provide more insights, so share how much profit you’ve made using these strategies!
Gold Target Gold id in continuous uptrend according to technical analysis. After small pullback it resumes its upward journey towards 2800. it made pole and flag pattern on 15 minute time frame and target of this is previous all time high that is 2685.
Gold price for 14/10/2024Please follow chart for entry and exit.
Price more likely go to the upside.
NOTE. This is only an idea NOT a financial advice.
GOOD LUCK
