Selling Level Is Tapped!Again Gold is Tapped in Our Selling Level of 1hr but it's bit risky ...We missed the prefect Entry! OANDA:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD FX:XAUUSD Shortby Desi_TradingGirl1
A decending triangle patterns showing on XAUUSD WITH 1:10 RRA decending triangle patterns showing on XAUUSD A short term 15m tradeing setup showing on gold Selling setup With a risk reward ratio of 1:10 The setup giving clarity to selling because in longterm it's a Down TREND Also in a pick top lable And forming a DOWN setup So according to the combine results of 15minit 1hour and daily chat And the short term setup All are of them indicating the same SELLING SETUP A decending triangle patterns showing on XAUUSD A short term 15m tradeing setup showing on gold Selling setup With a risk reward ratio of 1:10 The setup giving clarity to selling because in longterm it's a Down TREND Also in a pick top lable And forming a DOWN setup So according to the combine results of 15minit 1hour and daily chat And the short term setup All are of them indicating the same SELLING SEUPShortby tradergyan01111131
XAUUSD 16/8/2024 Has the Uptrend Started?XAUUSD 16/8/2024 Has the Uptrend Started? Yesterday after the PPI news, we saw a strong shakeout and the price came close to the 2nd BUY target zone that I had given and then bounced strongly. But I did not expect such a strong downtrend, so the price zone of 2445 - 2442 did not set a BUY order. Today I expect a correction wave to the 2447 - 2444 zone to complete wave 2 in red and then continue the uptrend according to wave 3. During the price increase according to wave 3, we pay attention to large supply zones such as the 2476 zone, the 2484 zone and the 2500 zone, these are the zones I choose as targets to SELL down Trading plan BUY ZONE: 2447 - 2444 SL: 2437 TP1: 2458 TP2: 2468 TP3: 2476 SELL ZONE: 2484 - 2487 SL: 2494 TP1: 2476 TP2: 2468 TP3: 2458 SELL ZONE: 2497 - 2500 SL: 2507 TP1: 2484 TP2: 2476 TP3: 2468Longby DEEKOP3
XAU LONGXAUUSD (gold against the US dollar) has been exhibiting strong bullish momentum recently. A buy signal has emerged, indicating potential upward movement. Daily live trade with XAU in H1Longby nguyenvietnamkhanh1
Gold bought at 2388 profit booked at 2479 , gold is buy on dip We can see fresh all time high again we bought at 2388 profit booked at 2479 at top after that fall came again bought at 2438-2435 , we will see fresh all time high if break 2479 . 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 hitLongby JaiPrakashShuklaHarmonicTrader1
Xauusd SellModeResistance Level: Identify a key resistance level where the price has previously reversed or shown significant selling pressure. This could be a historical resistance line, Fibonacci retracement level, or a moving average. Bearish Candlestick Pattern: Look for bearish reversal candlestick patterns at or near the resistance level. Examples include the bearish engulfing pattern, evening star, or shooting star. Indicators Confirmation: RSI (Relative Strength Index): If RSI is above 70, it may indicate that the asset is overbought, suggesting a potential reversal. MACD (Moving Average Convergence Divergence): A bearish crossover where the MACD line crosses below the signal line can confirm selling pressure. Bollinger Bands: If the price touches or exceeds the upper Bollinger Band, it might signal overbought conditions, which could lead to a pullback. Trendline Break: If there’s a rising trendline supporting the price, a break below this line could indicate a change in trend, supporting the sell decision. Volume Analysis: Increased volume on a down day or during the formation of a bearish pattern can further confirm selling interest. Target and Stop Loss: Target: Set a profit target based on a previous support level, Fibonacci extension, or measured move technique. Stop Loss: Place a stop loss just above the recent swing high or above a key resistance level to minimize risk.Shortby Sefinsha4
SELL GOLD -DAILY 08/15/24Gold prices recovered after a sharp decline on Wednesday. Sell now, before the news comes out.Shortby loveandliveFX225
GOLD UPDATE INTRADAY +STBT Geopolitical tension & job data will be key to determine Gold prices. Our Spot #Gold Range Prediction from 15/08/2024 to 17/08/2024 is as under. Gold Spot : 2420$-2485$ Gold INR : 69600-71000 It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price. Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry. These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.Shortby santoshshukla1996111
XAUUSD under pressure, Bulls fight to defend key support level.Gold tapped in our 4hr Selling Level And ChoCh , we Can Short till nearest Demand Zone or you Trail it, Enjoy the bearish Mode! Follow for more ! OANDA:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD FX:XAUUSD Shortby Desi_TradingGirl2
15-08-2024 - GOLD (longs) 1. looking for longs in the dealing range for XAUUSD 2. if either side of the dealing is violated without giving any long entries, then the narrative for the longs are complete and we'll go flat for todayLongby Kothapally12
XAUUSD/GOLD SWING ZONES TO TRADE ON 15TH AUGUSTHere are Swing Zones for Gold for 15 th August 2024by SamsTradingAcademy4
GOLD TRADE SETUPGOLD TRADE SETUP Looking pullback short @ 2459 Safe sell below 2450 High-risk reward pullback short @ 2477 Buy above 2462Shortby Jass_fxoverseas4
Gold buyers stay optimistic around mid-$2,400s within triangleGold has ended a two-day drop by bouncing off its 9-day Exponential Moving Average (EMA) within a symmetrical triangle pattern that's been forming for seven weeks. This bounce supports the idea that the Fed might cut rates, together with the positive MACD signals and the trend-favorable RSI line. The key levels to watch are the triangle's range of $2,475 to $2,393 and the 50-day EMA support at $2,391. If gold moves past $2,475, it could test an upward resistance line from early April, reaching around $2,498. After that, $2,500 will be an additional hurdle for the metal before potentially rising to $2,522 and $2,562, which are based on 50% and 61.8% Fibonacci Extensions of gold's moves from March to July. If gold falls below $2,391, it might drop to the late July low of about $2,353 and then to $2,350. There's also a strong support region between $2,293 and $2,285 from late April to June, which if broken, could push gold towards $2,200. Overall, gold is performing well due to positive technical indicators and concerns about possible US Fed rate cuts, supported by recent US inflation data.by MTradingGlobal1
BUY GOLD 2450-2454 UP 2512BUY GOLD 2450-2454 UP 2512 STOPLOSS 2438 TP 2012 GOLD trend continues: Middle East instability US election instability USD trend goes down The buying force for GOLD is very strong Thank! Goodluck EveryoneLongby ngohungsky9413
SHORT XAU In the H1 timeframe, we’ve witnessed a strong downtrend. Currently, the price is retracing toward the previous balance area before potentially resuming its downward movement. Daily live trade with XAU in 1h Shortby nguyenvietnamkhanh1
XAUUSD 15/8/2024 Has the uptrend started? Yesterday's CPI news showed a sharp increase in price when it was announced and then a sharp decrease. This is a move to shake off the sellers so that the price can complete wave C. - The sharp decrease in wave C is still, in my opinion, the final shakeout before the price starts to increase to complete wave 5 I predict that this week the price will likely create a new ATH followed by a further correction. - The wave 4 target I set yesterday has been completed at the price range of 2442 to 2445. With a Buy order at this price range, we have a profit of 100 pips. You can close a part of it and raise the SL to Entry. I have a backup target at 2430 - 2427 we will look at this target if price breaks out 2439 - I see a big supply zone at 2468 - 2471 so I will set a Sell scalp target at this zone - Our main Sell target is the end of wave 5 now I am targeting the first wave 5 target which is 2500. Trading Plan BUY ZONE: 2430 -2427 SL: 2420 TP1: 2439 TP2: 2458 TP3: 2476 SELL ZONE: 2468 - 2471 SL: 2478 TP1: 2458 TP2: 2452 TP3: 2444 SELL ZONE: 2497 - 2500 SL: 2597 TP1: 2484 TP2: 2476 TP3: 2458Longby DEEKOP0
XAUUSD 1H SELL PROJECTION 15.08.24From a technical perspective, the daily chart for XAU/USD suggests the bearish potential remains limited. The pair found an intraday bottom at around the 23.6% Fibonacci retracement of the June/July rally at $2,438.80, now holding above the level. At the same time, technical indicators have lost their upward strength but remain within positive levels. Only the Relative Strength Index (RSI) turned south but stays far from confirming another leg south. Finally, XAU/USD keeps developing above all its moving averages, with the 20 Simple Moving Average (SMA) now flat at around $2,417.50. Technical readings in the 4-hour chart, however, show the slide may continue, particularly if XAU/USD slides below the aforementioned Fibonacci support. Technical indicators retreated sharply from near overbought readings and are currently hovering around their midlines, partially losing the bearish momentum but still heading south. At the same time, XAU/USD broke below its 20 SMA, which stands at around $2,455.00. The 100 and 200 SMAs remain below the current level, somehow suggesting a steeper decline is not yet on the cards. Support levels: 2,438.80 2,4260.90 2,438.80 Resistance levels: 2,458.70 2,471.10 2,483.70 Shortby kripsonfx9731
Gold Outlook 14 AugPrice mitigates the pivot demand zone created last time gold traded at the ATHs (All time Highs). Mitigation of the zone sees some corrective/profit taking moves. Potential supply zones for the buy continuations have been identified, but follow the LTF for your immediate trade bias.by quantxx116
Will Gold Reach the Target?When XAUUSD daily chart is examined; It is observed that price movements continue on the trend line with the formation of the Bowl & Cup formation. It is considered that as long as the Spot Gold price does not break below the 2392 level, it can exceed the 2485 level and target the 2687 level in price movements above the 2431 level.Longby profitake114
Gold profit booking started after 2479 Target hit until 2479Until 2479 not break avoid fresh buying 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 hitLongby JaiPrakashShuklaHarmonicTrader0
Gold NY SESSION UPDATEGold Intraday: further upside. Pivot: 2465.00 Our preference: Long positions above 2465.00 with targets at 2488.00 & 2495.00 in extension. Alternative scenario: Below 2465.00 look for further downside with 2458.00 & 2447.00 as targets. Comment: The RSI is bullish and calls for further upside.by JobinJones1
bullish for xauusdxauusd near to support area.trend is up also.waiting to test the support make a green candle entry will activate.Longby ajeeshempire21
GOLD : Entry When BreakoutHello Traders, 📈 XAU/USD chart review : This is my opinion some days ago, price reach to Resistance like as my analysis but you can miss this trade. Now : - H4 chart can be breakout - H1 is a normal uptrend 🎯In my trading opinion: - I recommend that you can entry buy after it breakout resistance. Notice that : Today, CPI will release 📚 Remember that: Always follow your trading plan regarding entry, risk management, and trade management. Follow me to update lastest plan for any trades ! Thank you and Good luck! Longby PhuThongTrader0