XAUUSD CONFIRM SIGNALGold buy now 2647
we have a demand 2645 market can retest it and make reverse to the 2658
use small lots n the zone and make sure to take profits
GOOD LUCK
GOLD.PRO.OTMS trade ideas
XAUUSD:16/12 Today's Market Analysis and StrategyTechnical analysis of gold
Daily resistance 2725, support below 2627
Four-hour resistance 2673, support below 2650-27
Gold operation suggestions: Last Friday, the overall gold price was under pressure at the 2692 mark and ushered in a unilateral downward trend of short-seller suppression. The European session fell down and broke through the 2680 and 2670 marks and continued to fall to the bottom, and finally closed at almost the lowest point of the day at 2646.
From the 4-hour analysis, today's upper short-term resistance continues to focus on the NY market high of 2673 last Friday. The intraday rebound relies on this position to continue to fall. Pay attention to the short-term support of 2645 below. The short-term long-short strength and weakness watershed focuses on 2627. At the same time, 2627 is the daily level long-short watershed. There is still a long opportunity before the daily level breaks through this position. Today, we will first look at the continuation of the decline.
SELL: 2664near
SELL: 2673near
BUY: 2645near
BUY: 2627near
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
SILVER BULLET STRATEGY USING SMART MONEY CONCEPTHere on this video i show you how you can use silver bullet strategy to make profit in the market . This strategy is very simple and you need to follow the rule very well .
TAGETS FOR XAUUSD (GOLD) IN FOMC The Federal Open Market Committee (FOMC) is set to announce its interest rate decision
A horizontal line marks the supply zone, a price level where selling pressure is likely to increase, potentially leading to a downward price movement.
IF YOU WILL GET PRICE THEN ENTER
KEY POINTS FOR SET-UP
ENTRY ZONE 2660 TO 2656
TARGETS WILL NE MENTIONED IN IDEAS
SL BE MUST 2673
LIKE SHARE AND COMMENT KEEP FOLLOW FOR DAILY TA AND SETUP'S
GOLD - Should I sell?Brian, hello everyone!
Gold prices “plunged” and fell more than 2% to a one-month low in mid-week trading after the Fed decided to cut interest rates as expected, but noted that it would slow the pace of borrowing cost reductions in the near term. The Fed’s stance boosted the USD and bond yields.
Based on the performance of gold on the 4-hour time frame, along with indicators from EMA and RSI, a bearish trend is expected in the coming period. With the current unfavorable situation for gold, the price of gold is likely to reach $2,537 in the near future.
BOTTOM FOR GOLD? - FED RATES TOMORROW; ONLY A PROJECTION! As illustrated, I am trying to visualize what COULD be an inverted head & shoulders pattern, THAT HAS NOT BEEN FORMED YET!
I REPEAT: IT HAS NOT BEEN FORMED YET
The only reason I share this idea, is because tomorrow, WED 18th, the FED has to decide for the last time this year if to lower rates or keep them at 4.75% basis points. Should the FED decide to LOWER them, this could cause gold to spike and potentially being the bullish impulse I am trying to project here.
Should the FED KEEP the rates where they are, the market MIGHT simply continue its "current normal" path which STILL HAS BEARISH STRUCTURE.
THAT BEING SAID ...
Be patient with this potential setup, and wait for the rates to come out + a few hours for the market to price in the decision of the FED, because there is still room for gold to drop to the psychological price range of 2610 - 2600.
Gold is at a spot where it could manipulate one more time before a pop to the upside, in order to induce sellers and generate liquidity.
Regardless the outcome of the FED rates, if price does indeed take off, make sure it closes above the pivot area illustrated and make sure such area HODLS as support In the near future for a potential buy opportunity towards a year-end bull expansion toward + 2730...
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GOOD LUCK!
Xauusd buy Following Monday's shallow recovery attempt, Gold remains under modest bearish pressure and trades below $2,650 on Tuesday. Growing expectations for a less dovish Fed outlook and elevated US bond yields weigh on XAU/USD ahead of the last FOMC meeting of the year.
Gold now buy 2634
Support 2643
Support 2655
XAUUSD Sell SetupXAUUSD GOLD Sell Direction.
Go Through The This Forecast We Expect The Bearish Setup Because the Today First day of market And we see market covering Very Slowly Here are the some Key Points to Down side.
Resistance Zone 2665.00
Support Zone 2625.00
You Can See More Details in the Chart.
PS Support with Like And Comments For More Insights.
GOLD - at support ? What's next??#GOLD.. market perfectly hold our resistance area as we discussed in our video analysis and now we have 2645 to 2648 as current supporting area.
If market hold it in that case you can see again bounce. Otherwise not..
Keep in mind that 2645 below we will go for cut n reverse on confirmation ..
Good luck
Trade wisely
Ping Pong GoldGOLD is in a very strong daily range and possibilities of breaking out in December are minimal.
Please note this is not financial advise and manage risk accordingly
GoldXAUUSD ( Gold / U.S Dollar )
Completed " 12345 " Impulsive Waves and " AB " Corrective Waves
Break of Structure
Order Block
Bullish Channel as an Corrective Pattern in Short Time Frame
Fibonacci Level - 61.80%
Gold 1H Intra-Day Chart 20.12.2024Our original sell target of $2,580 got smashed! Here is what I am looking for next;
Option 1: Gold takes another dive down towards $2,580 again, followed by $2,560.
Option 2:Gld ranges within a tight zone over the Christmas period, due to low volume in the markets.
#XAUUSD 1HBased on the 1-hour analysis, bearish momentum is currently dominant, and the price is likely to reach 2545.00 in the near term.
I am personally monitoring the resistance zone around 2635.00–2640.00 for potential selling opportunities.
Target levels: 2620.00, 2600.00, 2590.00, and 2560.00.
For now, avoid placing any pending orders. Ensure strong bearish confirmation before entering a trade.
Gold buys ? lolI haven't traded in a while but hoping to see this re trace a little before shifting bullish. lets see how it unfolds
XAUUSD(GOLD) SELLXAUUSD(GOLD) 15 MIN CHART
Hello Traders. If you find this analysis useful, please support me with your likes and comments.
If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
Trading Idea for XAU/USD (Gold)Based on the current market situation, there is a high probability of a short-term upward movement in XAU/USD. The long-term trend remains bullish; however, we are currently experiencing a correction, which so far has not been particularly deep. Given the evolving dynamics in the broader markets, various scenarios could unfold.
The continuous rise of technology stocks and cryptocurrencies has diverted capital away from gold into equities and crypto markets. While this trend may persist for a while, it is unlikely to last indefinitely.
In my view, a short-term opportunity exists. While there is still a possibility of a deeper drop today, I anticipate a rebound during the Asian session , which could strengthen further into the European and U.S. sessions.
Good luck and trade wisely!
12.18 Gold shock revision BUYGold rebounded slightly yesterday, with a small cross positive line on the daily line.
1. After bottoming out and rebounding in the morning, it started to rise from 2650 in the afternoon.
2662-3 is the 382 position of the rebound from Friday's decline, and 2664 is the continued decline, so it is the key resistance level.
The two watersheds are very clear, one is the low point of 2643, and the other is the European session time point. Therefore, the 2650 line was chosen to bet on the rebound.
2. The 2662-4 line, the evening retracement, the formula emphasizes that the European session opened a decline in the morning, oscillated, especially the rebound from 6-8 o'clock, so in this process, the price did not break through from 8-10 o'clock, and it has been sideways, so the probability of a retracement in the US session is very high.
3. The 2650-1 line, yesterday's intraday rise and retracement to the 618 position, the standard 618 in the oscillation is better to make a mistake than to let it go.
Although the 618 position was touched yesterday or sideways this morning, the strength of the pullback is not large, but it is still a sign of oscillation.
Today, it is quite controversial. The daily small cross positive line, according to the previous rhythm, the daily positive line is a continuous positive line, so we still need to see a rebound.
The cross K is also the transit point of the short-term decline, so the European session time is very important.
The watershed 2643 is also very important, which is the key to see whether it will continue to fall.
From the operation point of view, in the morning at 618, the 4-hour is still more, 2651-2 is more, if you don’t participate before 7-8 in the morning, you won’t participate in the second time.
Today, we really need to observe the strength and weakness of the day.
Look at the rhythm of the day’s operation and the layout of the US market.
1. Break 2643 during the day, the US market will pull back and empty, and the support level is 2630-32.
2. If it continues to rise during the day, the daily line is likely to go through a cycle of continuous positive rebound. Today, we will see a pullback of 618. If it is touched, you can short. You can’t double top short.
Intraday short-term operation suggestions:
BUY: 2640, defense 30, target 55-60
Gold price trend analysisGold daily line maintains a short structure, and the continued rise of the US dollar index has a certain negative impact on the gold and silver markets. The daily line closed with a long upper shadow and a small positive, and the short-term chart four-hour roller coaster price continued to move down along the high and low points of the MA10-day moving average, and the price continued to run along the middle and lower tracks of the Bollinger Bands. The hourly chart Bollinger Bands opened downward, and the RSI indicator ran below the middle axis. Today's trading ideas remain unchanged, mainly rebounding high and high, and low-multiple short-term auxiliary.
Gold 1-hour moving average is still short-term divergent arrangement, without any signs of turning, and there is still room for gold to go down. Gold did not stand firm at 2600 to close, and continued to sell at highs below 2613 today!
First support: 2582, second support: 2572, third support: 2563
First resistance: 2605, second resistance: 2613, third resistance: 2628
Trading strategy:
BUY:2583-2585
SELL:2611-2613
XAUUSD - continuation sells? What about Pullbacks?Here is our in-depth view and update on XAUUSD . Potential opportunities and what to look out for.
XAUUSD is currently trading at around 2605 .
We are still following our long-term analysis on XAUUSD which was posted on November 27th (almost a month ago).
Last time, we took a step back and took a look at XAUUSD from a bigger perspective (H4 time-frame). We are now using H1 to show you possible outcomes we might have in play.
Overall XAUUSD is still extremely bearish . We could see the following scenarios happen.
Scenario 1: SELL from 2620
We could see a potential pullback to 2620, which was respected last time we made a pullback from the massive drop on XAUUSD. This would give us an amazing entry for further gold sells.
Scenario 2: SELL from 2633
A deeper pullback could happen if we break to the upside from 2620. Entering in 2633 would give us an amazing opportunity to hop into sells and hold it long-term, still targeting the 2480 level.
Scenario 3: SELL from 2590
Breaks below 2590 would result in more sells on the pair. As we failed to break to the upside that would confirm the 2620 being the “pullback area” and we will most likely continue to the downside. We would be targeting 2550 and possible breaks of it. If 2550 would be broken we could start seeing more extreme sells on XAUUSD.
Personal opinion:
The direction for now is bearish in our opinion. We are looking for sells and we do believe gold could see some more sell-offs in December before the year of 2024 ends.
KEY NOTES
- XAUUSD is overall bearish.
- XAUUSD sells are valid from key pullback areas 2620 and 2633.
- XAUUSD breaks below 2590 would also confirm further sells.
Happy trading!
FxPocket
Will the interest rate cut in late 2024 happen? XAU UP OR DOWN ✍️ NOVA hello everyone, Let's comment on gold price next week from 12/16 - 12/20/2024
🔥 World situation:
Although gold posted some losses, it remains up nearly 1% for the week, supported by a mix of US economic data. While inflation figures were varied, the latest Initial Jobless Claims report strengthened investor confidence in a December rate cut by the Federal Reserve.
Attention now shifts to the Fed’s December 17-18 policy meeting, with traders pricing in a 93% likelihood of a 25 basis point cut, according to CBOT data. Following the announcement, all eyes will be on Fed Chair Jerome Powell’s press conference for insights into the policy direction for 2025.
🔥 Identify:
H4 is seeing price close to the bullish trendline - which will be validating the last rate cut of the year. There will be some upside but it will still be difficult to break above the 2723 price zone
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $2678, $2723
Support : $2613, $2590, $2535
🔥 NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
A nice end to the week with gold giving us the long into the level we wanted and then the red box reaction giving the short trade. We're now approaching the key level support and order region 2650-55 which is where we would expect a potential RIP.
For now, we're done for another successful week on the markets, red boxes playing out perfectly, the KOG Report near enough with a little modification to the plan.
Wishing you all a great weekend ahead and we'll be back on Sunday with the KOG Report and our view for the week ahead.
As always, trade safe.
KOG
NEW IDEA FOR GOLD In the 4-hour chart of gold, it can be seen that the price of gold reacted positively at the support level of $2,644 and moved upwards by forming a price bottom. This support level has been well maintained so far, indicating the willingness of buyers to defend this level.
If the support level of $2,644 is maintained and the pressure from buyers continues, the probability of the price rising to the important resistance level of $2,717 will be very high. This resistance has acted as an important price ceiling in the past, and its failure could pave the way for further upward movements.
On the other hand, the existence of an upward trend line that started from the recent lows indicates the general market tendency for the price of gold to grow in the short term. Technical indicators such as the Ichimoku cloud also show that the price can strengthen its upward trend if it crosses the current resistance and enters the upper range of the green cloud.
Therefore, the bullish scenario remains valid provided the support at $2,644 is maintained and the resistance at $2,717 is broken, and further growth in gold prices can be expected.
My Best analysis Gold (CFDs) 45-Minute Technical Analysis
Current Price: $2,626.73
The chart shows a strong resistance zone at $2,629 - $2,630, where the price has faced repeated rejections.
Potential Trading Strategy:
1. Bearish Scenario:
If the price fails to sustain above the resistance zone and starts dropping, the first potential target is $2,617.45.
The second major support level is at $2,607.15.
A further decline could push the price toward $2,596.77.
2. Confirmation Needed:
Wait for the price to break below the resistance zone with a bearish candle confirmation before entering a trade.
To manage risk, place a stop loss above the resistance zone.
This analysis is based on technical factors, and it’s essential to adjust your strategy based on evolving market conditions.
