XAU/USD continues find short The h1 price trendline has been broken, what we need to do is look for a sell signal that goes with the trend when the price returns to test.
So Easy with system
XAUUSD_LMAX trade ideas
Gold Trading Strategy for 24th December 2024Gold Trading Strategy
Key Levels (1-Hour Time Frame):
Buy Above: The high of the 1-hour candle that closes above 2620
Sell Below: The low of the 1-hour candle that closes below 2605
Targets:
Upside Targets: 2632, 2647, 2658
Downside Targets: 2592, 2578, 2567
Strategy Details:
Buy Signal: Enter a buy position above the high of the 1-hour candle that closes above 2620, aiming for targets of 2632, 2647 and 2658.
Sell Signal: Enter a sell position below the low of the 1-hour candle that closes below 2605, aiming for targets of 2592, 2578, and 2567.
Trailing Stop-Loss: Use a trailing stop-loss to manage risk and protect your capital.
Book Profits: Regularly book profits at the specified resistance and support levels.
Disclaimer:
This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
XAUUSD | 24DEC (5MIN TF)XAUUSD SETUPS FOR 24DEC
- Use 5 min Time Frame
- Don't take setup 1 and 2 if market open in the marked range
- Only take trade if setup forms at high of the day or low of the day
- consider SL only if candle closes
Reason -
- FIB ZONES
- 75% Accuracy
A plan for SHORT XAUUSD I Saw a Strong down trend in H4 time frame of GOLD OANDA:XAUUSD
Also I saw a BREAK DOWN FOLLOW TREND signal of the Cloud Trending system on M30 TF
I Make a SHORT for XAUUSD
Entry zone : 2610-2613
Stoploss: 2635
Target 1R = 2589
Target 2R = 2567
XAUUSD H4Gold price attracts some follow-through buying at the start of a new week and looks to build on its recovery from a one-month low touched last Thursday. Geopolitical risks stemming from the protracted Russia-Ukraine war, tensions in the Middle East, and trade war fears turn out to be key factors benefiting the safe-haven precious metal.
GOLD TRADING POINT UPDATE > READ THE CAPTAINBuddy'S dear friend 👋
Gold Trading Signals 🗺️🗾 Update Gold Traders SMC-Trading Point still holding Short Trade 2481 list week already done good profits 💰🤑 ready for new week a new idea 💡 analysis analysis update list week Gold Bull Trend 📈 Dxy Short 😀 I 💬. Gold Test diamond zone 2637 2640. Again see a Short trend 📉 Focus on close above below 👇⬇️. Closed above 4 2666 Next target we'll see 2720 if close below 👇 2600 see Big Long Tim short trend 📉 2481?
Small target we'll see 2600
Bull Trend target 2720
Short long time trade 2481
Analysis target 🎯
Resistance level 2634 2640 2720
Support level 2600 2541 2481
Mr SMS trading point
Support 💫 My hard analysis Setup like And Following me 🤝 that star ✨ game 🎯
XAU/USD continues find signal ShortGold recovered quite strongly after the previous decline, and we continue to look for a sell signal on the M15 time.
SELL XAUUSD 23.12Bearish Divergence and liquidity swept.
Price also broke the parallel channel of the bullish trend.
Sell XAU
TP 2622
Bullish trade in XauusdGold was in range form almost 2 days and breaks its channel with storng candle we can plan a long trade with sl of 2623.430 and tp of 2638.209
Gold Trend - M-T downtrend is yet to complete ?The downtrend in gold prices continued last week after turning back from the previous week's high of 2726.The decline accelerated after the Fed's interest rate meeting on Wednesday, failing to support at 2630(1) and falling back to a near three-month low near 2585.Then on Friday, US inflation data came down slightly, causing gold to bounce back above 2600 to close the week at 2622 (down $25 from the previous week).
As mentioned 2 weeks ago, there will be significant profit taking above 2700 while the year came close to the end. After the Fed's meeting, the market fundamentals began to change again. Fed Chairman Powell indicated that the number of interest rate cuts will be reduced in 2025, from the previously expected 4 times to 2 times; next year's relatively high inflation and high-interest rate environment will bring support to the US dollar while keeping gold prices under pressure. The new U.S. President's tariff policy will be the dominate factor to lead the gold price next year.
1-Hour Chart (Above) > Gold price rebounded after hitting 2583 late last week, forming a S-T bottom. Expect the rebound top near 2650. The market should be relatively quiet this week, take 2580-2650 as the trading range for now until the market develop further this week.
Daily Chart (Above) > Gold was rejected by 2700 twice on the daily chart, forming a double top pattern (3). Short selling should control the market as it cleared the support by the double top neckline (3.1) last week. After the current S-T rebound, the downtrend should resume and expected the price to return to around 2540-50 in the next 2 weeks. M-T operating range would be 2535-2730(4).
P.To
XAUUSD will go up 2600 support,2638,2655 upside Target 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
Plan XAUUSD at 23.12.2024The XAU is likely in a wave 5, and the target could be around 2635 before it drops back.
However, the market is also approaching the Christmas and New Year's holiday season, so liquidity will decrease significantly. We will trade according to the plan as shown in the image.
Good luck!
Gold is in range : Current Price Action and Intraday Levels We have seen a recent downtrend (Short Period )after hitting a peak. The price has fallen below the previous support area and consolidation range (highlighted in yellow),and currently consolidating (In grey Box)suggesting sideways to bearish momentum. However, the consolidation could also imply that the market might be looking for direction (Wait for break in any direction).
Current Price Action: Gold is currently priced at around $2,624.235, which is slightly above the pivot point (P) at $2,624.000. The price has shown a recent decline from the high of around $2,673.453, indicating a bearish sentiment in the short term.
Resistance Levels based on Weekly Pivots:
R1 is at $2,664.085, which was recently tested and acted as resistance. If the price moves up, this level could act as a resistance again.
R2 at $2,704.560 and R3 at $2,744.645 are further resistance levels to watch if there's a strong bullish move.
Support Levels based on Weekly Pivots:
S1 is at $2,583.525, which is quite close to the current price. If the price breaks below the pivot point, this could be the first support level to watch.
S2 at $2,543.440 and S3 at $2,502.965 are deeper support levels where buyers might step in.
As discussed in weekly analysis video I am currently waiting for a swing buy opportunity ; and waiting for Lower level in 2550-2530 or Low area , or need confirmation above 2650 if price want to move directly in higher side without testing the lower levels .
XAUUSD GOLD Analysis on(23/12/2024)#XAUUSD UPDATEDE
Current price - 2625
If price stay below 2638,then next target 2610,2596 and above that 2660
plan; If price break 2626-2630 area, and stay below 2626,we will place Sell order in gold with target of 2610 and 2596 & stop loss be placed at 2638
XAUUSD wave countxauusd in corrective wave ABC
of which wave A ended at 2536
wave B ended near 2726
and wave C down in progress expected to move in form og zigzag waves 1-2-3-4-5
till now low made near 2583
moving inside the channel where middle line acting as support.
XAUUSD sell on rise mode.
Disclaimer : views presented here are for educational purpose and not a trading advice
XAUUSD WEEEKLY BUY PROJECTION 22.12.24Central bank purchases of gold have been one of the strongest factors driving its price. This trend is likely to continue as central banks seek alternatives to US-dollar-dominated assets. Goldman analysts also believe that any escalation in trade tensions or geopolitical risks could further enhance gold's appeal.
Gold Trading Strategies for 23rd December 2024Gold Trading Strategies
Strategy 1: Breakout Strategy
Buy Above: Enter a buy position above the high of the 15-minute candle that closes above 2636.
Upside Targets: 2650, 2665, 2680
Sell Below: Enter a sell position below the low of the 15-minute candle that closes below 2611.
Downside Targets: 2600, 2587, 2570
Strategy 2: Support Zone Buy Strategy
If the price trends lower from 2625:
Buy Between: 2610-2616
Stop Loss: 2604
Targets: 2625, 2635, 2650
Strategy 3: Resistance Zone Sell Strategy
If the price trends higher from 2623:
Sell Between: 2635-2645
Stop Loss: 2655
Targets: 2625, 2615, 2600
Summary:
Breakout Strategy: Utilizes the breakout levels of 2636 for buying and 2611 for selling based on the 15-minute candle close, with defined upside and downside targets.
Support Zone Buy Strategy: Focuses on buying in the support zone of 2610-2616 with a stop loss at 2604, targeting 2625, 2635, and 2650.
Resistance Zone Sell Strategy: Targets selling in the resistance zone of 2635-2645 with a stop loss at 2655, aiming for targets of 2625, 2615, and 2600.
These strategies provide a comprehensive approach to trading gold, incorporating different market conditions and defined targets.
This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
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 👐. 4H Close below 👇 2640 Next target we'll see 2600.! ? Wait for closing below 👇 that entry open Short Trade. 2648 ba ck up trand 2675 2678 again for short trade entry. Let's do update every day 🙂
Small target we'll see 2620
Short long time Trade 2481 analysis target 🎯
Resistance level 2675 2678
Support 2628 - 2600 2481
Mr SMC trading point
Support 💫 My hard analysis Setup like And Following me 🤝 that star ✨ game 🎯
Why to buy Gold...As shart shows 3 Red- 1 green
2 red - 1 green
1red - 1 green we can expect.
If gold want to go down then to make M pattern, it will go up
If gold want to go up then also it will go up...
Look very childish and simple
But keep it simple
We can expect 2693 and 2743 coming probably till 13th january.
Our view will be absolutely wrong if gold gives day closing below 2615
Or it goes below 2603 anytime.
For gap down opening more than 12 dollars on monday will also break upmove.
Gold shall open on monday @2632
Then low of 2620~2622
and then back on upmove.
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 the rising wedge chart formation
XAUUSD holding buy from 2606 ,2655,2670 Target 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 30 % )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 : 50)
Target 2- (T2 : 61 %)
Target 3- (T3 : 78%)
Target 4- (T4 : 100%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
