USCGC trade ideas
Gold Trading Strategy for 02nd January 2025Gold Trading Strategy
Buy Setup Condition:
Wait for a 15-minute candle to close above 2632.
Entry:Place a buy order above the high of this 15-minute candle.
Targets:2640, 2648, 2655.
Stop Loss:Set a stop loss below the low of the entry candle or according to your risk management.
Sell SetupCondition:
Wait for a 1-hour candle to close below 2616.
Entry:Place a sell order below the low of this 1-hour candle.
Targets:2608, 2602, 2590.
Stop Loss:Set a stop loss above the high of the entry candle or according to your risk management.
Disclaimer
Trading involves substantial risk and is not suitable for every investor. The strategy mentioned above is for informational purposes only and does not constitute financial advice. Always perform your own analysis and consult a professional financial advisor before making trading decisions. Past performance is not indicative of future results. Use this strategy at your own risk.
GOLD Prediction This Gold Prediction for Buyers
Strong Support Area
Trendline Breakout
Tap on Order Block
XAUUSD 1H BUY PROJECTION 31.12.24Reason for Bullish
XAUUSD is a symbol used in Forex trading to indicate the number of US dollars needed to buy one ounce of gold. Gold was used to determine the value of a country's currency. Nowadays, gold is still considered a very valuable asset and is used by traders as an investment opportunity.
Sell XAUUSD Now!!!!Raising wedge formed in 1HR TF, now It's moving inside the channel. Facing confluence in sell side. Lets See!! Happy New year guys!!
XAUUSD_H4It declined from the place announced last week, and this drop will hit the specified targets.
XAUUSD 1H XAUUSD 1H Maybe Bearish IN 1 Hour Possible Trend Is In Bearish Side
This Is Only For Education Purpose
Gold XAUUSD sold at 2626 booked at 2597 again sold at 2605Gold yesterday we booked 29 points profit.
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 27.2 % )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%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
xauusdAccess the latest XAU/USD statistics and analyses as well as the economic events impacting the Gold
GOLDEN TRADING STRATEGY FOR THE LAST DAY OF 2024GOLD UNDER PRESSURE DESPITE INCREASED GEOPOLITICAL RISKS
The gold market is experiencing an interesting paradox: While the demand for safe-haven assets has surged due to geopolitical tensions and economic uncertainties, gold prices have yet to break out. The primary reason for this is the strengthening US dollar and the cautious stance of the Federal Reserve regarding interest rate cuts.
However, the precious metal continues to maintain its long-term appeal due to its traditional role as a store of value, along with the trend of central banks increasing their gold purchases to diversify foreign exchange reserves. Market developments will largely depend on the policies of the new US administration and global geopolitical conditions.
Gold is currently facing a sell-off as investors remain on extended holiday breaks. Today is the last day of the year, and the market is expected to experience significant liquidity sweeps on major charts such as D1 and W. Caution is advised today. It might be wise to wait for the new year to begin and for the Nonfarm Payrolls report next week, after which prices may stabilize for trading.
For now, the market view today indicates price movement within a similar range as yesterday, approximately 30 points or more, so the range may be quite wide. Please pay attention to the price zones noted by ADMIN to achieve optimal and safe results for your account.
Currently, the trend still shows a strong downward movement, and yesterday we patiently waited for the best entry zone at the 00-02 area. After a sharp drop, the price is now retracing and forming wicks on the H4 chart. It is approaching the small resistance at 2610 - 2612, so we will wait to see how it reacts and consider a sell scalp here. If the upward momentum is strong, wait for the precise price point as outlined in the ADMIN note on the chart.
Trading Strategy:
Sell Zone: 2621 - 2623
SL: 2626
TP: 2615 - 2609 - 2605
Buy Zone: 2586 - 2584
SL: 2580
TP: 2592 - 2596 - 2600
As noted by ADMIN, these are the BUY/SELL zones based on the price range ANALYZED for the day. However, on the last day of the year, there may be cases where the market will sweep sharply and approach more distant price zones. Please keep an eye on the chart view that has been analyzed for you.
Gold trading strategy - December 30, the last days of 2024As of December 30, 2024, the gold market opened the week with minimal fluctuations, continuing to trade within a sideways price range. The market has been relatively quiet during the final days of the year. This week marks the transition from the old year to the new, and it is anticipated that the market will continue to move within a narrow range with low liquidity. Significant economic reports, such as the ADP Employment Change and Non-Farm Payrolls, are scheduled for next week.
This week, attention should be directed towards the end of the week, with two key reports: Unemployment Claims and ISM Manufacturing PMI. Traders should monitor these releases closely.
Regarding gold's price range today, as previously predicted, the main trend remains a selling bias. Prices may exhibit a sideways decline; therefore, consider selling at resistance levels. The intraday price range is expected to fluctuate between 10 to 13 dollars.
Trading Strategy for Today
BUY ZONE: 2602 - 2600
Stop Loss (SL): 2595
Take Profit (TP): 2610 - 2614 - 2620
SELL ZONE: 2648 - 2650
Stop Loss (SL): 2655
Take Profit (TP): 2640 - 2636 - 2630
Please actively monitor the plan and note important price levels for potential gold scalping on the chart. Ensure to set take profit (TP) and stop loss (SL) orders to safeguard your account. Trade cautiously during these final days of the year. Good luck!
XAUUSDAccess the latest XAU/USD statistics and analyses as well as the economic events impacting the Gold
GOLD TRADING POINT UPDATE >READ THE CAPTAINBuddy'S dear friend 👋
Gold Trading Signals 🗺️🗾 Update Gold Traders SMC-Trading Point still holding Short 😀. Technical fundamental analysis update 👇📈📉📊
Gold 4H Time Frame 🖼️ looks great patterns technical analysis bearish flag close below 👇 trend Guy's list week market not running much Bank holiday season two days closed 🔒 that week New year 🎊. Looks good Short Trade 😁. 2620 2633 2638 Short trend entry open
Small target we'll see 2607
Buying said zone s 2630 238
Analysis target 🎯 2580
Resistance level 2623 2638
Support 2607 2600 2580 2500
Mr SMC Trading point
Support 💫 My hard analysis Setup like And Following me that star ✨ game 🎯
XAUUSD can retrace to its crucial level XAUUSD was trading at its SE-OB last hour and now it has given a good rejection from its selling order block(2639.91 - 2632.95) and now it is breaking its structure at the level of 2628.72 and i have entered a short position from the level of 2630.95 with a stop loss of 2640 and once it gives closing below 2621.53 and 2609.90 i'll target the levels of 2599.81 and 2581.72
XAUUSDAccess the latest XAU/USD statistics and analyses as well as the economic events impacting the Gold
GOLD Getting ready for 2025Current price action suggests we're entering a critical phase for Gold. After the strong uptrend from June-October, we're seeing signs of temporary weakness that could extend into early January 2025(1 or 2 Week).
Major Support zone around 2536-2,550 (Area of Interest : AOI)
Expecting a test of this support in early January
Volume declining, suggesting a major move is brewing.
→ Short-term: Potential weakness and test toward support zone
→ Medium-term: Looking for bottom formation around 2536-2,550 area
→ Long-term: Expecting bullish rally after support confirmation
This chart represents a detailed Elliott Wave analysis for Gold This chart represents a detailed Elliott Wave analysis for Gold (XAUUSD) in a 1-hour timeframe. Here's the explanation:
Elliott Wave Progression:
The chart shows waves labeled as (i), (ii), (iii), (iv), and (v) for a larger impulsive move down.
Following the completion of wave (v), a corrective structure (marked with W, X, Y, Z) appears, indicating a complex corrective wave.
Corrective Wave Structure:
The corrective wave appears to form a double or triple zigzag pattern (W-X-Y-(Z)).
The orange trendlines illustrate a wedge or channel pattern, suggesting consolidation or exhaustion in the corrective phase.
Current Status:
The blue circle marks the point of interest where the price breaks out or rejects the wedge pattern.
This could indicate the end of the corrective phase and the beginning of the next impulsive move.
Future Projections:
The red arrow pointing downward suggests continuing the decline to complete wave (c).
Key Fibonacci retracement levels (0.618 and 0.786) are marked at $2,551.15 and $2,527.49, respectively, as potential support zones.
The highlighted yellow area serves as a strong demand zone, potentially signaling where the price may reverse after completing the correction.
Long-Term Expectation:
After completing wave (c) near the demand zone, the upward red arrow suggests a significant bullish move. This aligns with Elliott Wave theory, where a strong impulsive wave follows a corrective wave.
Key Levels:
Resistance: Near the upper boundary of the corrective wedge/channel.
Support: Fibonacci retracement levels and the highlighted yellow zone.
XAUUSDAccess the latest XAU/USD statistics and analyses as well as the economic events impacting the Gold
Gold continues to decline 30.12.2024Strategy 1: Bullish Trade (Long Position)
Condition: Wait for the price to react at Demand Zone (A) or deeper at Demand H1 (C) with bullish reversal confirmation (e.g., pin bar, engulfing candle).
Entry Point (Entry):
At 2,607 - 2,610 USD (Demand Zone A).
If the price breaks below Demand (A), enter at 2,591 - 2,594 USD (Demand H1 C).
Stop Loss (SL):
For Demand Zone (A): Below 2,604 USD.
For Demand H1 (C): Below 2,588 USD.
Take Profit (TP):
TP1: Supply H1 (B) at 2,622 - 2,625 USD.
TP2: FVG H1 (2,636 USD) if the price continues higher.
Risk-to-Reward Ratio (R:R):
From Demand Zone (A):
Risk: ~3-4 USD.
TP1: +12-15 USD (R:R ≈ 1:4).
TP2: +26-29 USD (R:R ≈ 1:7).
From Demand H1 (C):
Risk: ~5-6 USD.
TP1: +28-31 USD (R:R ≈ 1:5).
TP2: +40-45 USD (R:R ≈ 1:8).
Strategy 2: Bearish Trade (Short Position)
Condition: Wait for the price to reach Supply H1 (B) and show bearish reversal confirmation (e.g., bearish engulfing candle, pin bar).
Entry Point (Entry):
At 2,622 - 2,625 USD (Supply H1).
Stop Loss (SL):
Above the Supply H1 at 2,628 USD.
Take Profit (TP):
TP1: Demand Zone (A) at 2,606 - 2,610 USD.
TP2: Demand H1 (C) at 2,591 - 2,594 USD.
Risk-to-Reward Ratio (R:R):
Risk: ~3-4 USD.
TP1: +12-15 USD (R:R ≈ 1:4).
TP2: +28-31 USD (R:R ≈ 1:7).
Trading Notes:
Confirm Signals: Only enter trades after confirmation signals (e.g., price action or candlestick patterns).
Risk Management: Limit risk per trade to 1-2% of your account balance.
Breakout Adjustments: If price breaks through Supply/Demand Zones, adjust your strategy accordingly.
xauusdAccess the latest XAU/USD statistics and analyses as well as the economic events impacting the Gold
XAUUSDThe chart shows an overall bullish trend supported by the green ascending trendline, recently price action indicates consolidation near the 2,625.57 level. Resistance is around 2,655.50, while support near 2,602.24 and 2,581.92.
A breakout above 2,655.50 could lead to further upward momentum, targeting the area around 2,800.00. A drop below 2,602.24 may trigger selling pressure, targeting lower support zones around 2,519.19. we may look to buy near 2,602.24 or 2,581.92 and sell near 2,655.50 or the resistance zone around 2,800.00.
Summary
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Trend: Overall bullish trend with recent consolidation.
Resistance: Key resistance at 2,655.50 and higher at 2,800.00.
Support: Strong support at 2,602.24 and 2,581.92.
Buy Zone: Near 2,602.24 or 2,581.92.
Sell Zone: Near 2,655.50 or 2,800.00.
Outlook: Break above resistance may push higher; drop below support could trigger sell-offs.
Gold Trading Strategy for 30.12.2024Gold Trading Strategy
Key Levels:
Buy Above: The high of the 15-minute candle that closes above 2642
Sell Below: The low of the 15-minute candle that closes below 2610
Targets:
Upside Targets: 2651, 2664, 2675, 2686
Downside Targets: 2598, 2589, 2579
Strategy Details:
Buy Signal: Enter a buy position above the high of the 15-minute candle that closes above 2642, aiming for targets of 2651,2664, 2675, and 2686.
Sell Signal: Enter a sell position below the low of the 15-minute candle that closes below 2610, aiming for targets of 2598, 2589, and 2579.
Trailing Stop-Loss: Use a trailing stop-loss to manage risk and protect your capital.
Book Profits: Regularly book profits at the specified resistance and support levels.
Disclaimer:
This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
