GOLD BULLION!!!!!!!TRADEToday I am bullish in gold
See the charts as shown
Make your trade by your analysis
I am just sharing mine
Thank you
XAUUSD_LMAX trade ideas
Xauusd SMC Levels 28-10-2024I have marked levels based on SMC for 28-10-2024
Above red line marked in chart look only for buy trades on lower time frame and below red line look for only sell trades on lower time frame.
Key order flow can act as a strong reversal zone.
blue or pink lines are weak support and resistances.
Thanks
Cheers!!
XAUUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
#H4/Gold continues to adjust, waiting for opportunities to hunt.Market analysis for XAUUSD trading on October 28, 2024:
After closing last Friday at a price of 2747, the Asian session today opened with a downward GAP that has not yet been filled. This GAP indicates a short-term profit-taking by the BUY side, showing that buying pressure for gold has decreased and a SELL side has emerged in this area. However, today marks the opening of the weekly candle and the monthly candle will close this week, so everyone should pay attention to the adjustment of the upper wick in the monthly timeframe.
Today's trading trend: BUY scalp.
Key price levels to watch:
BUY zone: 2718 - 2723 and 2699 - 2704.
SELL zone: 2738 - 2743 and 2751 - 2756.
Recommended orders:
Plan 1: BUY XAUUSD zone 2718 - 2720
SL 2715
TP 2723 - 2730 - 2735 - 2750.
Plan 2: BUY XAUUSD zone 2702 - 2704
SL 2699
TP 2707 - 2715 - 2725 - 2745.
Plan 3: SELL XAUUSD zone 2753 - 2755
SL 2758
TP 2750 - 2740 - 2730 - 2720.
"Gold Spot Trading Levels for Today's Precision Entry & Exit (28For today, 28th October 2024, here are the strategic levels for trading XAUUSD (Gold Spot) on the 15-minute chart:
1. Green Levels: These are the key buying levels. The marked level of 2730.280 is highlighted as a primary buying level. Please note that the exact figure on the right side is cut off, hence it's written as 2730.280 for clarity.
2. Red Levels: These are the selling levels, optimal for short positions.
3. Yellow Levels: These are the target levels to help you set realistic goals for your trades. They’re meant to give guidance on where price movements might reach, providing potential take-profit zones.
This setup helps in identifying precise entries and exits for today's trading session on Gold.
my gold prediction for future for buying and selling zone my gold prediction for future for buying and selling zone #xauusd
Upward Momentum Started. GOLDBased on the trend line drawn on friday around 2720$ , we can see that the upward trajectory has started.
On Monday, October 28, 2024, the U.S. economic calendar includes the following key events:
1) Pending Home Sales for September: Released at 10:00 a.m. ET, this metric provides insight into the real estate market, showing the volume of contracts signed for homes. It's often a leading indicator for upcoming home sales data.
2) Dallas Fed Manufacturing Index: Scheduled for 10:30 a.m. ET, this report assesses manufacturing conditions in Texas, a key region for both oil and broader manufacturing. It includes activity, capacity, and employment metrics in the manufacturing sector.
if the results are neutral or negative, expect gold to have extra boost upwards.
XAUUSD 4H | Liq. Grab or BOSXAUUSD on 4H chart shows a critical order block. Where liquidity may accumulate. Price could either respect the OB, indicating a bearish reaction and potential displacement lower or break of structure. Leading to a bullish expansion towards new ATH.
Watch for potential mitigation in this zone.
Market structure shift will clarify the next move.
Gold for the week starting 28th october 2024,"Buy above 2760, sell below 2649. Gold is currently trending bullish as recession fears loom globally, prompting investors to seek safe havens, increasing demand for gold. Given this sentiment, gold could potentially reach $3000 by February 2025.
Disclaimer: Please conduct your own research and analysis before making any investment decisions."
Gold until 2760 not break avoid buy Israel -Iran war priced in 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 hit
Gold price on October 26, 2024: Continuing the upward trendSupported by geopolitical tensions in the Middle East, concerns over the U.S. election, and expectations that the Fed will lower interest rates, gold has seen a slight increase. Additionally, palladium has reached a 10-month high, while global monetary easing policies and declining confidence in the USD continue to drive demand for gold as a safe-haven asset. The BRICS summit and the potential launch of a new currency backed by gold have further enhanced gold’s appeal as an investment.
Looking at the chart, we can see that gold is gradually moving upward, albeit at a slow pace, trading around 2,747. However, with solid support at 2,720, a spectacular breakout for gold could occur in the near future. It’s possible that gold will break through the resistance at 2,747 and continue its impressive uptrend.
Stay tuned and watch the next movements in gold with me!
Gold in no trade zone. Technical Analysis
Trend line is on a slope. Such trend lines are more often to break and not hold support zones intact. Trend may turn downwards if usa gives any weaker news today.
Being Friday Investors may do mild profit booking which can bring gold to 2690 Levels .
BUY GOLDTrade is active on gold which was posted yesterday.. I will look for other opportunities if the price does not break the support level. I will monitor the market and wait
Xauusd SMC levels for 25-10-2024I have marked levels based on SMC for 25-10-2024
Above red line marked in chart look only for buy trades on lower time frame and below red line look for only sell trades on lower time frame.
Key order flow can act as a strong reversal zone.
blue or pink lines are weak support and resistances.
Thanks
Cheers!!
Gold portrays much-awaited pullback, focus on $2,710 & US dataEarly Friday, gold prices slipped after a brief bounce from a week-long support level, retreating from a point that has shifted from support to resistance. Traders are closely watching the September U.S. Durable Goods Orders. This movement highlights gold's defense against a mid-week rejection of a bullish trend, signaling the anticipated price pullback.
Sellers flex muscles
Gold is struggling to regain momentum, facing rejection from recent highs. With bearish signals from the MACD and an RSI close to 50, further declines in gold prices seem likely. However, strong support levels may challenge sellers' quest for lower prices.
Key technical levels to watch
In the past week, gold has seen multiple peaks and troughs, with the 50-day simple moving average (SMA) highlighting $2,715-$2,710 as a crucial support zone for sellers. Below that, the 38.2% Fibonacci Extension of gold's movements from September to October and the previous monthly high near $2,686 could attract bearish interest. Importantly, the upward-sloping trend line from early August and the 200-day SMA, around $2,657 and $2,638, respectively, will serve as final defenses for buyers before control shifts to sellers.
On the upside, gold buyers are looking for confirmation from the lower boundary of the bullish channel, around $2,753. A successful breakout could lead to a rise towards the recent peak of $2,758 and potentially up to the channel’s upper line near $2,790. The 78.6% Fibonacci Extension at $2,772 and the $2,800 mark are additional upside filters to watch for the XAUUSD bulls.
Bulls run out of steam
Despite several strong support levels, the anticipated strength of the US dollar after upcoming economic data and recent technical consolidations indicate a potential short-term decline in gold prices. However, the overall bullish trend remains intact unless prices fall below $2,638.
Gold Prices ReboundHow are gold prices doing right now? Let's join Alisa for an update!
Gold prices increased by $20, reaching $2,735 per ounce by the end of the trading session on October 24th. The main reason behind the gold price rebound last night and early this morning is the sharp decline of the U.S. dollar in the international payment basket. Specifically, the Dollar-Index fell by 0.22%, down to 104.200 points. Additionally, the upcoming U.S. Presidential election also contributed to the rise in gold prices.
Looking at the technical chart, gold is currently supported firmly at $2,609, and prices are maintaining an upward momentum. Although the resistance level at $2,750 may cause some pressure, if prices adjust, the $2,670 level (previously resistance) will turn into new support. Given the current momentum, I predict that gold will break through $2,750 and aim for a target above $2,800.
With such positive technical signals, I am optimistic that gold will continue its upward trend and reach higher price levels in the near future. What do you all think about gold prices today?
Gold yesterday both side move pattern negative 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 hit
Gold is in correction Gold price facing resistance at Fibonacci golden zone (2733-39: marked with red zone) and now moving towards the support area (green zone : at Wednesday low), under PDH and under resistance trendline sell is good towards the support area where price seems to be completing H&S formation and the neckline is at 2708-10 area, if price breakdown from H&S formation a good correction is expected.
On buying side we have to wait for breakout at PDH and breakout on the resistance trendline (Why Buying? because buying is still good if we go through the footprint chart ,if we watch last two days delta , the delta is negative but not strong enough to justify any deep correction as of now).
Xauusd looking good for short Gold is looking good for a downside in 1hr timeframe till daily FVG and if breaks then till daily demand. You can take entry on 5 min timeframe and manage your trade according to your risk reward.
#XAUUSD #Forex
#trading
BUY GOLDIn my opinion, I am looking to buy , which is a strong DEMAND ZONE. It is not advisable to enter without confirmation from a lower TF.
BUY XAUUSD at price 2700Price has broken the daily trendline. It shows that gold will continue to rise. According to Dow theory, gold prices may drop to 2700 before having a strong increase.
I will consider buying at 2700. If the price does not touch 2700, I will not buy gold. And of course I won't sell.
Profits are earned from waiting, not from trading
XAUUSD, H4 LongFrom a technical perspective, the overnight breakdown below a short-term ascending trend-channel support could be seen as a fresh trigger for bearish traders. Moreover, negative oscillators on hourly charts suggest that the path of least resistance for the Gold price is to the downside. That said, it will still be prudent to wait for a convincing break below the $2,700 mark before positioning for any further losses. The XAU/USD might then accelerate the corrective decline towards the $2,685 intermediate support en route to the $2,672-2,670 strong horizontal resistance breakpoint.
On the flip side, the ascending channel support breakpoint, around the $2,730-2,732 area, now seems to act as an immediate hurdle. The next relevant resistance is pegged near the $2,750 region, above which the Gold price could resume its well-established uptrend and climb further towards the $2,770-2,775 zone before aiming to conquer the $2768 round-figure mark.
