My SHORTING plan for XAUUSD with strong downtrend structure H1I saw a clear and strong structure downtrend in time frame H1
I plan a trade with Short position OANDA:XAUUSD
Entry sell at 2648 and target at 2603
About CFDs on Gold (US$ / OZ)
Gold price is widely followed in financial markets around the world. Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, which led to the expansion of a fiat currency system in which paper money doesn't have an implied backing with any physical form of monetization. AU is the code for Gold on the Periodic table of elements, and the price above is Gold quoted in US Dollars, which is the common yardstick for measuring the value of Gold across the world.
GOLD BEARISH TREND MUST CONTINUEGOLD is forming a parabolic curve chart pattern from 1983 to 2789 and if we draw fibonacci retracement from there we can a expect a retracement upto 618 and 50% levels but to go on to that levels gold must find a temporary resistance at 2480 level. 2480 can also been seen as a short range target by
XAUUSD2620 to 2600 is major demand zone - once this get this price look for bullish engulf for entry
Gold after FOMCAS EXPECTED , in previous post on gold the price was looking weak and after FOMC we have seen a decent correction in alignment with that view , on daily time frame price breakdown two supports I.e., 2620 and 2600, as you can see on the chart the price is now bouncing from lower TF oversold areas b
Gold Trading Strategy for 18th December 2024Gold Trading Strategy
Key Levels:
Buy Above: The high of the candle which closes above 2665 on a 15-minute chart
Sell Below: The low of the candle which closes below 2632 on a 15-minute chart
Targets:
Upside Targets: 2680, 2692
Downside Targets: 2618, 2605
Strategy Details:
Buy Signal: Enter a buy
GOLD TRADING POINT UPDATE >READ THE CAPTAINBuddy'S dear friend 👋
Gold Trading Signals 🗺️🗾 Update Gold Traders SMC-Trading Point still holding Short Trade list week already done good profits 💰 ready for new week analysis setup Gold Traders Gold rejected point below 👇 trend 📉 2725 below 👇 2648 closed 🔒 market. Today night market open 👐. 4
XAUUSD continues its short-term uptrendXAUUSD is trading in a narrowing triangle pattern. The short-term trend has failed to break through the support level of 2645 in multiple attempts and is showing signs of a potential rebound.
You can wait for a BUY signal based on my view or wait for a breakout from the triangle pattern and a close
XAU Analysis For TFFi am not financial adviser
SnR 2607.18
SnR 2616.1
SnR 2625.04 FIB+ order block
2595.6 to 2593.3 SnR
2583.95 Support
Gold Trade Idea on 16 Dec 2024 #Gold #XAUUSD1) XAUUSD Sell Side Scenario When Price Come on Price 1984 to 1992 Then Try to Sell Side
Because market Suddenly Selling From this Zone 1984 to 1992
2) XAUUSD Buy Side Scenario When Price will be Comes in Order Block Then We Will Trade for Buying Side , Have a FVG (Fare Value Gap)
XAUUSD GOLD Analysis on (17/12/2024)#XAUUSD UPDATEDE
Current price - 2643
If price stay below 2655,then next target 2632,2622 and above that 2674
plan; If price break 2643-2648 area, and stay below 2643,we will place Sell order in gold with target of 2632 and 2622 & stop loss be placed at 2655
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
