GOLD, May come down to retest few levelsBelow todays lower price, may test lower levels as support / targets in coming days for short side.
XAUUSD.P trade ideas
Short Scalp trade Short scalp trade for gold for 5 min time frame So you can take A scalp trade for 1-2 hour And Don't hold this trade for long time because gold is bullish and this is profit booking
XAUUSD head and shoulder patternXAUUSD head and shoulder pattern breakdown.
sell on rise.... pattern targets 2845--40
Gold XAUUSD sold at 2860 booked at 2839 ,21 points booked How to take trades using Harmonic pattern projection Trade setup is explained below :-
1st D point : 0% is recent top or bottom.
2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 13.5% then early or risky traders can reversal trade ,
Safe traders can wait for 27% levels break
Targets :
Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target
( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also).
T2: 50% level is our 2nd Target
T3: 61.8% to 65 % is our 3rd Target
( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .)
Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%.
161.8 to 165% if profit booking area so book full profit and wait for reversal.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
XAU/USD LONGWe are following up with the order flow, wait for price to reach 1hour demand and if confirmation is valid take a buy
XAUUSD shorting opportunityXAUUSD giving shorting signals and may fall further to achieve the given levels on the chart.
Gold : Need a reset ?Gold price is testing the daily resistance (R1) and price did not breakout this pivot resistance on daily ,we have seen a massive bull run on gold so we can consider following case for short to mid term from here :
Short-Term : there's a likelihood of a short-term pullback or consolidation (Don't take this as a sell call from me , I am still holding all my buy trades and will add on pullback). This would be a healthy (Yes and this will be a normal correction if it happen) move after a strong uptrend, allowing the market to digest gains . Watch for support at the green trendline and at the previous ATH.
Mid-Term: The strong volume during this uptrend suggests that there's still significant interest in buying gold ,so overall market structure and trend is bullish and we can re-buy from lower levels after a good confirmation.
Gold Trading Strategy for 06th February 2025Gold Trading Strategy
Buy Signal:
Enter a buy trade above the high of the 15-minute candle that closes above 2883.
Targets: 2891, 2902, 2910
Stop Loss: Below the low of the entry candle
Sell Signal:
Enter a sell trade below the low of the 15-minute candle that closes below 2850.
Targets: 2842, 2832, 2822
Stop Loss: Above the high of the entry candle
Time Frame: 15 minutes
Disclaimer: Trading in financial markets involves significant risk and can result in substantial losses. The information provided is for educational purposes only and should not be considered as financial advice. Always do your own research or consult with a professional financial advisor before making any trading decisions. Past performance is not indicative of future results.
What Is NON-FARM PAYROLL (NFP) ?Non-Farm Payroll (NFP)
The Non-Farm Payroll (NFP) is a crucial U.S. economic indicator that tracks changes in the total number of paid workers, excluding farm workers, federal employees, private household workers, and nonprofit staff. It is released on the first Friday of every month and significantly impacts the forex market due to its implications for economic growth and inflation.
________________________________________
Key Points:
What is NFP?
Tracks the total number of paid workers in the U.S., excluding certain sectors (e.g., farms, government, private households, nonprofits).
Indicates labor market health and economic trends.
⚠️Release Schedule:
Published on the first Friday of each month .
Provides monthly updates on U.S. employment changes.
📊Market Impact:
Causes significant rate movements in the Forex Market.
Anticipated by traders, analysts, and investors for market forecasting.
📊Economic Implications:
Increasing NFP Numbers:
Signals economic growth and currency value appreciation.
Can raise concerns about inflation risks.
Decreasing NFP Numbers:
⚠️Indicates potential economic slowdown or broader issues.
NFP serves as a barometer for the U.S. economy and is closely monitored for decision-making in financial markets. 📊
🔥 How Many Moment Expected in Gold : 160-200 PIPS
📚 Learn more about trading strategies and market insights!
💡 Follow for more educational content to boost your trading knowledge. 🚀
Gold XAUUSD buy holding from 2808 2912 Target How to take trades using Harmonic pattern projection Trade setup is explained below :-
1st D point : 0% is recent top or bottom.
2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 13.5% then early or risky traders can reversal trade ,
Safe traders can wait for 27% levels break
Targets :
Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target
( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also).
T2: 50% level is our 2nd Target
T3: 61.8% to 65 % is our 3rd Target
( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .)
Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%.
161.8 to 165% if profit booking area so book full profit and wait for reversal.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
XAUUSD GOLD sell from this area gold sell from this area a new peak formation high has been taken with intrday pattern call Half-a Batman( accumulation buyer) and since H1 trend resetup last two week today meet the 17 trading day and i will noraml fall market 5-8 days continus. thank me later
GOLD TRADING POINT UPDATE > READ THE CHAPTIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold traders SMC trading poi nt update you on New technical analysis setup list time post signals 🚀 Hit sucksfully My target 🎯 point 2877 Now ✅ update you on New technical analysis update on gold 🪙 Gold still going to bullish trend 📈 🚀 today us session. More bullish on Gold take a New ATH 2904 I'm long Now 2869 + 2904 Good luck 💯🤞
Key Resistance level 2880 + 2904
Key Support level 2866 - 2854 - 2845
Mr SMC Trading point
Plaes support boost 🚀 analysis follow)
Gold (XAU/USD) 4H: Bullish with Possible Pullback!!Gold (XAU/USD) 4H Chart Analysis: Bullish Trend with Possible Pullback
Key Observations:
1. Price Action & Trend:
The price is currently trading around $2,817.685.
The trend appears bullish, with a strong upward move.
There is a marked internal liquidity (Int. LQ) taken, indicating that liquidity has been absorbed, which could lead to further upside.
A market structure break (MB filled) suggests past resistance turned into support.
2. Technical Indicators:
Exponential Moving Average (EMA 200, red line) is at $2,709.123, which is significantly below the current price. This suggests that gold is in a strong uptrend.
Relative Strength Index (RSI, 14 close) is at 68.56, nearing the overbought zone (70) but still has room for potential upside.
3. Projected Movement:
The chart suggests a potential pullback (small consolidation) before further upward movement.
Fair volume ranges (marked in red) indicate levels where price may slow down or consolidate before continuation.
Price is above key liquidity levels, which may act as support.
Conclusion:
The trend remains bullish, and the price could continue rising after a minor consolidation.
Key levels to watch:
Support: Around $2,800 (former liquidity level).
Resistance: Next potential target is $2,840 - $2,860.
Risk Consideration: RSI is approaching overbought levels, so a short-term correction could occur before another push higher.
XAU/USD Bearish Harmonic Pattern - Short Setup at Key ResistancePattern Formation:
A Bearish Harmonic Pattern (likely a Gartley or Butterfly) has formed on the XAU/USD 4-hour timeframe. This pattern indicates a potential trend reversal at the D point, aligning with a key resistance zone.
Key Levels:
🔹 Entry (Sell Zone): Around $2,879 - $2,880
🔹 Stop Loss: Above $2,885 (to avoid stop hunts)
🔹 Take Profit Targets:
TP1: $2,800 (First major support)
TP2: $2,740 (Extended move)
TP3: $2,726 (Final support level)
Technical Confluences:
✅ The pattern has completed at D, which aligns with a strong historical resistance level.
✅ Fibonacci ratios confirm harmonic structure, with XA, AB, BC, and CD waves respecting key retracement and extension levels.
✅ Bearish divergence on RSI/MACD (if applicable), suggesting weakening momentum.
✅ Price action near D shows potential rejection wicks, hinting at selling pressure.
Trade Execution Strategy:
🔸 Entry Method: Wait for a rejection candle or bearish confirmation (e.g., engulfing or pin bar).
🔸 Risk-Reward Ratio: Approx. 1:3, making this a high-probability setup.
🔸 Trailing Stop: Move stop loss to breakeven once price reaches TP1.
🚨 Disclaimer: This is not financial advice. Always manage risk and trade responsibly! 🚨
XAU#12: Blocking gold is burning? Experience when trading XAU🔥Yesterday we had a correction to 280x (slightly higher than the 279x analysis of analysis #11) which gave us a very nice buying position. Currently, the price is still continuing to conquer the next milestones. 🔥
💎 💎 💎 And here is the plan for FOREXCOM:XAUUSD : 💎 💎 💎
1️⃣ **Fundamental analysis:**
📊 The World Gold Center is Expanding, the shift of the gold market center from New York, London, Zurich to Dubai, Shanghai, Mumbai and Saudi Arabia.
🔴 Dubai now accounts for 25% of global gold trading, becoming the second largest market in the world. Demand for physical gold from emerging markets such as India, Turkey and China is increasing strongly because gold is considered a "stable currency".
📌 Morgan Stanley: No longer expecting the Fed to cut interest rates in March, expecting a rate cut in June
🚀 Although high interest rates and a strong USD often put pressure on gold, gold prices have remained stable, showing the sustainability of the uptrend. However, money flows from Western investors have not yet participated strongly in this price increase, although every slight adjustment is bought.
2️⃣ **Technical analysis:**
🔹 **D Frame**: Yesterday's candle closed showing optimism about the prospect of OANDA:XAUUSD 's price increase.
🔹 **H4 Frame**: The bullish structure has not changed.
🔹 **H1 Frame**: We have new support zones but there is no sign of a correction. Gold's uptrend is sustainable
3️⃣ **Trading plan:**
⛔ As you can see, the importance of trading with the trend. There are quite a few accounts that have been burned by stubbornly holding on to losses waiting for gold to fall. However, this action will erode our trading psychology and accounts. In my personal experience, blocking gold to catch a falling knife or holding on to losses at this time always brings bad results. The advice for those who have lost or are still holding on to losses is that we should end our mistakes and rest to stabilize our psychology before planning the next transaction.
✅ If we have a good position, we can completely wait for a larger profit according to the current situation. In my personal experience, with the current long-term increase, we can only wait until Gold reaches round numbers like 2900 or 3000. Pay special attention to the 3000 mark because its value is equivalent to an important psychological barrier
💪🚀 **Wish you successful trading!**
📌 For any questions, please contact us directly. I am ready to answer you for free
Gold Break All Time High Again And Again🌍 Market Overview: Gold Bullish Expansion
Continues bullish momentum, reaching a new All-Time High (ATH).
Driven by USD weakness and improved global sentiment.
Key Drivers:
🔹 Postponed Tariffs: Delay on tariffs for Canada & Mexico boosted investor confidence.
🔹 China's Retaliation: Symbolic tariff actions by China, with minimal real economic impact.
15-Minute Chart
• Key Observations:
o Strong bullish momentum is evident, with price repeatedly breaking previous highs.
o A key support zone is established around $2,840, reflecting strong buying interest.
o Recent bullish movement aligns with improved investor confidence due to postponed
tariffs on Canada & Mexico and symbolic Chinese tariff retaliation.
• Market Sentiment:
o Bullish sentiment is dominant, likely fueled by favorable
geopolitical and economic developments.
o Immediate resistance is near the all-time high levels;
a clear breakout could indicate further upside.
________________________________________
4-Hour Chart
🚀 Key Observations:
Price is trading within an upward parallel channel, confirming a consistent bullish trend.
A breakout and successful retest of the upper boundary of the channel signals potential continuation of the bullish move.
The price has established higher highs and higher lows, indicating a strong uptrend.
Technical Levels:
Resistance: Near $2,860-$2,865 (current high levels).
Support: $2,820 (middle channel boundary).
________________________________________
Conclusion:
• Overall Bias: Strongly bullish in both short and medium time frames.
• Trading Strategy:
o 🔵For buyers: Consider entries on pullbacks toward $2,840-$2,845 (support zone).
o For breakout traders: A clear break above $2,865 with strong volume may
present an opportunity to ride the trend.
o For risk management: Place stop-loss below $2,820,
as a breach could indicate a potential reversal.
⚡️The Result?
👉Gold continues to break records, hitting 2848 - 2850 this morning, a key Fibonacci
Extension (FE) resistance zone. However, selling pressure remains weak, and price
action still favors bulls. NO FOMO SELL at this level!
👉 Always follow TP/SL to protect your capital and maximize profits!
Stay tuned for updates once the confirmations are in place !
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
📢 Best Regards , Silver Wolf Traders Community
Disclaimer: This is for educational purposes only.
Always trade responsibly and manage your risk effectively
Gold Trading Strategy 05th Feb 2025Gold Trading Strategy
BUY ABOVE: 2853
Buy above the high of the 15-minute candle that closes above 2853
TARGETS: 2863, 2872, 2881
SELL BELOW: 2820
Sell below the low of the 15-minute candle that closes below 2820
TARGETS: 2811, 2802, 2790
Disclaimer: Trading financial instruments, including gold, involves significant risk. This strategy is for informational purposes only and should not be considered financial advice. Please consult with a financial professional before making any trading decisions. Past performance is not indicative of future results. Always trade responsibly.
GOLD TRADING POINT UPDATE > READ THE CHAPTIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold traders SMC trading point update you on New technical analysis setup for Gold 🪙 Gold still holding it up rising Gold 🪙 today take again 💪 new ATH 2845 I will see again for New ATH 2880 ) Gold Traders SMC-Trading Point update technical patterns b. SMC ) Gold recovery samll trade Short 😀 2830 - 2817 that is good support level of buying zone ☺️ 🥂 good luck 🤞
Key Resistance level 2845 + 2880
Key Support level 2830 - 2817 - 2772
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
#XAUUSD - 30MINT | TRADE SETUP !IG:CFDGOLD
Buy above 2840
TGT 2860++
SL 2829
Sell below 2836
TGT 2805++
SL 2840
Gold ready for new ATH With a support of 2812. Good shall move much further creating higher highs and lowers lows on the chart in uprising pattern my next target will be 2864 and last support will be 2790
Gold - EW Analysis - Short Set-upGold is at an interesting juncture.
Weekly 3 done.
Wave 4 is forming an Expanding Flat in which A is done and B is going on.
2830-40 could be a good zone to look for shorts with 2860 as SL.
Targets are big. So, ride :)
Gold analysis The image is a 15-minute chart of Gold Spot (XAU/USD) from TradingView, showing a sell trade setup. Here are the key details:
Sell Trade Breakdown:
1. Entry Point & Resistance Zone:
The price is near a resistance level at 2,820.816.
A sell position is opened around 2,817.904 - 2,814.710.
2. Stop-Loss (Risk Area - Red Zone):
The stop-loss is placed slightly above the 2,820.816 resistance zone.
If the price breaks above this level, the trade will be invalidated.
3. Take-Profit Target (Green Zone - Reward Area):
The target is set in the 2,785 - 2,772 range.
A strong support zone is marked around 2,772.215, which is the lowest point in the setup.
4. Trendlines & Key Levels:
There is a descending trendline acting as resistance.
Multiple support zones (green highlighted areas) indicate potential bounce points.
5. Risk-Reward Ratio:
The trade follows a risk-to-reward strategy, where the potential downside is much larger than the risk.
Analysis & Outlook:
If the price fails to break above the resistance zone, it is likely to drop towards the support area around 2,785 - 2,772.
A break below 2,772 could lead to a further decline toward the next support level near 2,730.
If the price closes above 2,820, the sell setup may be invalid.
