SHORT XAUUSD 03.01.2025Bearish divergence appears
Liquidity Swept
Reaction at resistance
Reversal confirmed
LFG
XAUUSD trade ideas
Gold trading Strategy for 3rd January 2025Trading Strategy
Buy Condition Entry Point:
Buy above the high of the 15-minute candle that closes above 2662. Ensure that the candle has fully closed before entering the trade to confirm the breakout.
Targets: Target 1: 2670, Target 2: 2680, Target 3: 2699
Stop-Loss: Place your stop-loss below the low of the breakout candle or below a recent support level, depending on your risk tolerance.
Sell Condition Entry Point:
Sell below the low of the 1-hour candle that closes below 2647. Ensure that the candle has fully closed before entering the trade to confirm the breakdown.
Targets: Target 1: 2636, Target 2: 2627, Target 3: 2621
Stop-Loss: Place your stop-loss above the high of the breakdown candle or above a recent resistance level, depending on your risk tolerance.
Important Notes on Stop-Loss and Trailing Stop-Loss:
Protect Your Capital:
Always use a stop-loss to protect your trading capital from significant losses. Never trade without a predetermined stop-loss level.
Secure Profits:
As the trade moves in your favor and reaches the first target, consider moving your stop-loss to breakeven. For additional targets, use a trailing stop-loss to lock in profits while allowing the trade to run further. This can be done manually or by setting a dynamic trailing stop in your trading platform.
Disclaimer:
Risk of Trading:
Trading in financial markets involves significant risk and may not be suitable for all investors. Losses can exceed your initial investment.
Educational Purposes Only:
The strategies provided above are intended for educational purposes and should not be interpreted as financial or investment advice.
No Guarantees:
Past performance is not indicative of future results. There is no guarantee that the strategies mentioned will result in profits or avoid losses.
Due Diligence Required:
Always perform your own analysis before entering a trade. It is essential to understand the technical and fundamental factors influencing the market.
Seek Professional Advice:
Consult with a licensed financial advisor or trading professional to ensure your trading activities align with your financial goals and risk tolerance.
Use Risk Capital:
Only trade with funds you can afford to lose. Avoid using money allocated for essential living expenses.
Gold Prediction XAUUSD Price Break the Resistance
area and wait for
Retest and after Retest
Bullish Move Start
xauusd xauusd looks very good with triandle breakout,trendline breakout,with ab=cd harmonic reversal with the support of bottom trendline and breeakout of upper trendline with crab harmonic confirmation
buy xauusd 2625 add more if get 2608 with closing sl 2603 for the target of 2642-2680-2710
XAUUSD_H4The price is on a descending channel and is moving towards the floor of the channel which is the goal of wave 3.
Gold Update : No change so far ,still in sideways range Price is trading within a defined range, with 2639 as the upper boundary and 2585 as lower boundary.
Despite recent upward movement, lack of volume confirmation suggests caution for last two day up move. The original downside target (2536-50) remains valid until we see a decisive break above mentioned resistance levels with strong volume support.
What We Need for Bullish Confirmation:?
Clear break and close above 2639
Price need to sustain above 2650-55 on Higher Time Frame.
Need Strong volume to support the move
Until these conditions are met, my original downside target remains valid from a technical perspective .The current price action appears to be in a decision zone, and the lack of volume confirmation suggests this could still be a temporary move rather than a trend reversal so I will wait for good confirmation before initiating buy trade.
xauusdAccess the latest XAU/USD statistics and analyses as well as the economic events impacting the Gold
friends this Is risky trade stoploss may be it
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
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.
