XAUUSD FRIDAY ASIAN SESSIONWe have a 220 pips long shot
the trade active when any candle break and close above our resistance
and for confirmation the next candle have to break the closing candle's high
GOOD LUCK
GOLD.PRO.OTMS trade ideas
XAUUSD TECHNICAL ANALYSIS (READ CAPTION)hello traders. share your opinion regarding this particular chart.
current price: 2654
gold has shown resistance to 2660 multiple times today. and new h1 candles are forming bearish trend which further indicates markets down movement.
key points:
resistance: 2665
target : 2635
for more details kindly study my chart.
like, comment and thank you for your support
XAUUSD TECHNICAL ANALYSIS ( READ CAPTION )hello traders kindly share your opinion about this chart.
current gold price: 2673
after breaking 2665 resistance a bullish trend has emerged which can push gold up to 2688. both day one candles of this weeks have supported gold. if market breakouts our demand zone 2688 then market's next move will be 2702.
key points:
supporting zone: 2668/2665
resistance level: 2688
kindly study my chart for more
like, comment and thanks for your support.
GOLD → Resistance Retest. False breakthrough?FX:XAUUSD lingers inside the consolidation and channel 2660 - 2615. Technically, speculators are confused. The fundamental background is mixed. What's next?
Focus on the escalating conflict in Syria, which has led to the overthrow of the Assad government and the end of the long-running Civil War. Risks regarding the Middle East are still quite high despite the ceasefire between Israel and Lebanon.
Fundamentally, despite Friday's better than expected NFP, markets are 80% likely to expect a 0.25% Fed interest rate cut. In the week ahead, all eyes are on economic data such as CPI and PPI.
Technically, I don't see any reason for the price to break out of this consolidation. Accordingly, I expect a false breakout with a high degree of probability.
Resistance levels: 2655, 2660, 2667
Support levels: 2636, 2615
The price has passed 0.85% since the opening of the session. There are no reasons for the resistance breakout. There is also no potential for a breakout. Accordingly, based on the available data, there is a high probability of a decline from the key resistance zone.
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;)
Regards R. Linda!
Gold is Ready to Fall again!!!Gold ( OANDA:XAUUSD ) started to pump, as I expected in the previous post .
Gold is entering the Resistance zone($2,740-$2,708) and Potential Reversal Zone(PRZ) and approaching the Upper line of the Ascending Channel .
According to Elliott's wave theory , Gold is completing microwave 5 of the main wave C .
Also, Regular Divergence(RD-) between Consecutive Peaks .
I expect Gold to fall to at least the Support zone($2,670-$2,653) after breaking the lower line of the ascending channel.
⚠️Note: If Gold breaks the Resistance zone($2,740-$2,708), we can expect more pumps.⚠️
⚠️Note: Tomorrow's US indices can impact the Gold trend. (Today's US indices were all as Forecasted).⚠️
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
XAUUSD BEARISH ANALYSIS (READ CAPTION)hello trader. what do you think about gold
current price 2698
gold again reject 2721 and h4 closing in bearish market create support 2704 and 2708 market pullback 2704 and 2708 then market fall down 2682.2675 demand zone
like comment thank you for support
XAUUSD - possible outcomes today?Here is our view and update on XAUUSD . Potential opportunities and what to look out for.
Since our last in-depth analysis on XAUUSD posted on November 27th , it has followed the projection and reached 2714 . Right now we have a few opportunities on our hands. Looking at XAUUSD we have possible buys if we break above 2720 and break today’s highs. On the other hand we could see pullbacks down to our PBA 1 (Pullback Area) sitting at around 2700 flat, and we could enter into more safe buys . If we break below 2700 (PBA 1) , we could see some sells in play. To write this in detail, here are the possible outcomes.
Scenario 1: BUYS from 2720
We broke above 2720 .
That would confirm continuation buys and we would have to keep our eye out on the breaks of today’s highs.
Scenario 2: BUYS from 2700
We made the pullback down to 2700 and are trading above it. That would give us a nice and safe area to enter into buys targeting today’s highs or possibly higher.
Scenario 3: SELLS from 2700
We broke below 2700 , and are now targeting breaks of 2690 and re-visits of 2675.
Personal opinion:
The direction for now is unclear until we break our mentioned key levels. Be patient and stay tuned for possible scalps on this pair.
KEY NOTES
- XAUUSD breaking above 2720 would confirm buys.
- XAUUSD failing to break below 2700 would confirm buys.
- Breaks below 2700 would result in sells, down to 2690 and 2675.
Happy trading!
FxPocket
GOLD NEXT MOVE (price is at crucial area) (10-12-2024)Go through the analysis carefully and do trade accordingly.
Anup 'BIAS for the day (10-12-2024)
Current price- 2680
"NA"
Do trade as suggested
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk more than 1% of principal to follow any position.
Support us by liking and sharing the post.
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
Interesting open on Gold with price attacking the support level we wanted to long, missing by a few pips but the Red boxes giving a decent entry up into the first order region. Once we saw the Red box not being respected and activated long again we continued to long up into that 2670 level we had mentioned in the KOG report.
KOG’s Bias for the week:
Bearish below 2665 with targets below 2620 and below that 2610
Bullish on break of 2665 with targets above 2670 (done) and above that 2685
RED BOXES:
Break above 2639 for 2650 (done), 2660 (done), 2663 (done) and 2670 (done) in extension of the move
Break below 2627 for 2620, 2610 and 2595 in extension of the move
Now we've hit our bias level and support is below at the 2655 region. If held, we could see another test of this high which needs to hold us down in order to go lower. Unless broken above, longs are a bit risky up here unless we get support below. The path shows the potential retest level and support.
As always, trade safe.
KOG
Hellena | GOLD (4H): Long to resistance area of 2717.733.Colleagues, the previous forecast is still active, but I decided to make a new one to show in more detail what exactly is going on.
I believe that the price is in a five-wave upward movement and now we are expecting a lower and middle-order wave “3”.
Therefore, I believe that the upward movement will continue and the price will reach the level of 2717.733.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Acw Ppi analysis Using previous price action of cpi week dec
Taking Monday and Tuesday price action
We note that price structure is very similar
That said using trading view bar pattern tool we copy price action and place into current Thursday
We note that structure is similar
That said Thursday breaks Wednesday High , similar to Tuesday breaking Monday High
We also note that Asia low is similar to Asia low Tuesday
We expect Ppi to buy and possible target Nov nfp high leading to a possible ath break on the gc1! Futures contract
XAUUSD BULLISH ANALYSIS (READ CAPTOIN)Hi taders! Share your opinion regarding this chart.
Current price: 2695
Currently gold is being supported by buyers as all d1 candle of this week have created bullish candles. After temporary retracement market has returned to it's bullish trend. Rejection of h4 candle is another indicator of a strong bullish market. If gold breakouts the price 2711 which is our demand zone then market will go further high up to 2732.
Key points:
Support zone : 2690-2680
Resistance zone 2710-2722
Please like comment thank you support
Proffesional traders ONLY use limit orders. Here is whyIn the world of trading, precision, patience, and discipline set successful traders apart. One of the most powerful tools professional traders use to maintain this edge is the buy and sell limit order. These orders allow you to execute trades at predefined price levels, ensuring strategic and calculated decisions. Here’s why buy and sell limit orders are a cornerstone of professional trading—and why they should be part of your strategy.
1. Trade Only at Key Market Points
Limit orders enable you to focus on trading at strategic price levels, such as areas of strong support or resistance. These key market points are where the highest probability setups occur, giving you a distinct advantage over chasing prices or trading impulsively.
Why This Matters:
High-probability trades: Entering at key levels increases the chances of success, as these zones often align with institutional activity and large orders.
Better pricing: Waiting for the price to come to you ensures an optimal entry, increasing the quality of your trades.
For example, instead of buying as the price skyrockets, a professional trader sets a buy limit order at a pullback to a support level, ensuring they enter at a lower price with less risk.
2. If a Trade Is Not There, It’s Not There
Limit orders enforce discipline by ensuring you only trade when market conditions align with your plan. This approach prevents you from forcing trades in suboptimal conditions, a common mistake among less experienced traders.
How This Helps:
Avoid over-trading: Limit orders eliminate impulsive decisions and help you stick to your strategy.
Stay disciplined: You’ll only take trades that meet your criteria, ensuring consistency in your approach.
By accepting that “if a trade is not there, it’s not there,” you avoid unnecessary losses and save capital for high-quality setups.
3. Positive Risk-Reward Ratio Becomes Easier
Trading from key levels using limit orders naturally leads to favorable risk-reward ratios. By entering at strategic points, you can minimize your risk while maximizing your potential reward.
Why Limit Orders Are Ideal for Risk-Reward:
Tighter stop-loss placement: Key levels provide logical areas for stops, reducing the distance between your entry and stop-loss.
Larger profit potential: Trading near support or resistance increases the likelihood of significant price movements in your favor.
For instance, placing a sell limit order at a resistance level allows you to set a stop-loss just above the level while targeting a support zone below, often achieving a risk-reward ratio of 1:3 or higher.
4. Avoiding False Breakouts
One of the biggest drawbacks of trading breakouts is the prevalence of false breakouts, where the price moves briefly beyond a key level, triggers trades, and then reverses sharply. Limit orders help you sidestep this trap.
Why Limit Orders Are Better Than Breakout Trading:
False breakout protection: Limit orders wait for the price to return to a key level, avoiding impulsive entries.
Stronger validation: Entering at key levels ensures you are aligning with institutional activity rather than being caught in speculative moves.
Improved money management: Breakout trades often require wider stops, reducing efficiency, while limit orders allow for tighter, more strategic risk management.
By using limit orders, you position yourself to benefit from price reversals instead of getting caught in false moves.
5. Trade Without Constant Monitoring
One of the most practical benefits of limit orders is that they free you from having to watch the charts 24/5. Once you’ve done your analysis and identified key levels, you can set your limit orders and step away.
Benefits of Limit Orders for Time Management:
Reduced stress: No need to monitor every tick of the market; your orders are automatically executed when the price reaches your level.
Efficient use of time: You can focus on other tasks, projects, or simply enjoy your day while the market works for you.
Confidence in your plan: Trusting your analysis and pre-set limit orders reduces emotional strain, allowing you to trade with peace of mind.
This approach not only improves your time management but also enhances your overall trading performance by minimizing emotional decision-making.
6. Opportunity for Exit on B.E. or with Minimal Loss
When trading from key zones such as support or resistance, even if your target isn't reached and the market reverses and breaks the level, there’s often a rebound (in the case of support) or a retracement (at resistance). This price action typically gives you time to reassess the situation and close the trade at break-even or with a minimal loss.
Benefits of This Feature:
Reduced Losses: Limit orders placed at key zones give you a second chance to minimize risk if the market doesn’t go your way.
Improved Decision-Making: The retracement/rebound period allows you to evaluate the market's behavior calmly rather than reacting impulsively.
Enhanced Flexibility: You gain the opportunity to adjust your strategy in response to evolving price action.
This adds another layer of control and protection to your trades, reinforcing why limit orders are a powerful tool for professional traders.
7. The Best Way to Trade with Discipline and Control
Limit orders are the ultimate tool for maintaining discipline and control in your trading. By setting your orders in advance, you remove the emotional biases and impulsive behaviors that often lead to losses.
Why Limit Orders Promote Discipline:
Structured approach: They force you to pre-plan your trades, ensuring every decision aligns with your strategy.
Eliminate over-trading: By setting specific entry points, you focus only on the best opportunities.
Consistent execution: Limit orders ensure you enter trades based on logic and analysis, not gut feelings.
Conclusion: The Professional’s Tool for Success
Buy and sell limit orders are more than just a trading tool—they are a mindset. They embody the patience, discipline, and precision that define professional trading. By focusing on key levels, avoiding false breakouts, and trading with a positive risk-reward ratio, limit orders help traders achieve consistent and profitable results.
To recap, here’s why professional traders rely on limit orders:
- They ensure trades occur only at key market points.
- They prevent impulsive and undisciplined trading.
- They naturally enhance your risk-reward ratio.
- They protect you from the traps of false breakouts and poor money management.
- They free up your time and reduce stress by removing the need for constant market monitoring.
If you’re serious about improving your trading, start incorporating buy and sell limit orders into your strategy today. They’re not just a tool—they’re the foundation of a professional, disciplined approach to the markets.
Gold Eyes $2,604 and $2,562 TargetsGood morning traders,
Trust your day is off to a great start. Take a moment to read my analysis of the Gold market, and give your view.
Overview
Gold is currently trading at $2,662.25, caught between a bullish and bearish triangle range. This follows an impulsive upward movement from Friday’s low of $2,612.89, driven by the Non-Farm Payroll (NFP) data. However, the upward momentum appears to have stalled, with price action signaling potential reversal patterns.
Idea
The price formation resembles a double top, a bearish pattern, with a strong resistance zone above, suggesting a possible downward move. If the price breaks below the neckline, it would confirm bearish momentum. Key support levels to monitor include $2,604.59 and $2,562.67. Conversely, if the price breaks above the $2,689.29 resistance level, the bearish scenario would be invalidated, signaling a continuation of bullish momentum.
Conclusion
Gold's current price action presents a mixed outlook. While the double top and resistance zone hint at a bearish move, the market must confirm this by breaking the neckline.
Cheers and happy trading!
GOLD ROUTE MAP UPDATEHey Everyone,
Another day smashed!!!!!
Yesterday we hit 2661 after ema5 cross and lock above 2645, we then stated that we now had a gap left at 2679 after cross and lock above 2661, and as long as 2661 holds, we will look for this gap to be completed.
- This was hit perfectly completing this target. We now have 2679 cross and lock opening 2697.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2645 - DONE
EMA5 CROSS AND LOCK ABOVE 2645 WILL OPEN THE FOLLOWING BULLISH TARGET
2661 - DONE
EMA5 CROSS AND LOCK ABOVE 2661 WILL OPEN THE FOLLOWING BULLISH TARGET
2679 - DONE
EMA5 CROSS AND LOCK ABOVE 2679 WILL OPEN THE FOLLOWING BULLISH TARGET
2697
BEARISH TARGETS
2626
EMA5 CROSS AND LOCK BELOW 2626 WILL OPEN THE FOLLOWING BEARISH TARGET
2612
EMA5 CROSS AND LOCK BELOW 2612 WILL OPEN THE SWING RANGE
SWING RANGE
2599 - 2584
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
#XAUUSD: Possible clear move happening next weekGold has been trading sideways with no clear view of the market, making it difficult to trade swing or even intraday, we wanted to share our view early, however, since the price is not clear yet. We waited until today, now we can see price either can move up without taking out sell side liquidity or might take out the sell side liquidity and then moves upwards. Good luck.
XAUUSD Gold Spot Wave Analysis Elliott neoWaveThe gold chart is nearing the end of wave D and we should expect a price correction to complete wave E towards $2530 soon, but there may be a smaller upward wave remaining.
First entry: 2700
Possible second entry: 2740-2750
Stop loss: 2775
Take profit: 2530
This offer has a risk/reward ratio of around 3
Make sure to involve less than 2-3% of your total capital and stick to money management principles
This is just a suggestion for consideration
XAU/USD : Gold will pump to $2700 ? (READ THE CAPTION)Analyzing the #Gold chart in the 4-hour timeframe, we observe that the price opened with a positive gap today, showing a rise from $2633 to $2676. Notably, gold finally made its next move upon reaching this level, and we have seen a correction from $2676 to $2666 so far. The key question now is where the price will close in the next 6 hours.
We might see an initial rejection, but due to recent developments in the Middle East and increased risk, further growth in gold prices is anticipated. Keep a close watch on gold's reaction to the levels of $2689 to $2695. This analysis will be updated moment by moment as the price moves!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
THE FOREX ADVENTURES I XAUUSD 4H TECHNICAL ANALYSIS OUTLOOKXAUUSD 4H TECHNICAL ANALYSIS OUTLOOK
Analysis
Current Situation:
* Gold is currently trading at $2,657 in the 4-hour Order Block.
* The Demand Zone below at $2,613 / $2,623 provides support.
Potential Scenarios:
* Bullish Scenario:
* If any 4H candle break up this 4H order block then take buy entry at retest and set target at $2,685, the next resistance level to watch is the $2,690 / $2,695 level. because there is 4H FVG.
* A break above this FVG could signal a further uptrend, with potential targets at the previous highs around $2,700..
* Bearish Scenario:
* I specially favour in sell trade from this area because there is bearish 4H order block at $2,655 / $2,666. until any 1H candle break up this order block.
* 30M strong sell candle at this level could signal a further downtrend, with potential targets at the $2,630.
Sell Trade Setup:
* Entry: Wait for a 30M strong sell candle down the 4H order block $2,655 / $2,666.($2,695. on a 4-hour timeframe, with a confirmation candle closing below this level.
* Stop-Loss: Place the stop-loss just above the 4H order block $2,655 / $2,666.
* Profit Target: Set the initial profit target at the demand zone ($2,625).
Risk Management:
* Use a position size that aligns with your risk tolerance.
* Consider trailing your stop-loss as the price moves in your favor to protect profits.
XAUUSD RETRACEMENT ANALYSIS (READ CAPTION)hello traders, what do you think about gold
current price 2689
gold price rejection has been observed at 2692. after rejection a temporary retracement is possible market will go back up to 2670.
key points
resistance 2692, 2707
supporting point 2672, 2665
i have placed the remaining target in the details in the chart
like, comment. thanks for your support.
Gold vs Inflation Yearly Chart BreakoutBest Chart Setup Of The Year.
Best Chart Setup Of The Decade.
Best Chart Setup Of The Generation.
#gold #inflation
XAUUSD: Don't waste this longterm buy opportunity.Gold turned bullish on its 1D technical outlook (RSI = 57.544, MACD = -4.010, ADX = 27.147) following today's breakout over the 4H MA200. The most important aspect of this is that the 1W timeframe remains bullish (RSI = 61.387), which is highlighter by the fact that Gold is trading inside a Channel Up for more than 1 year (October 2nd 2023). This pattern looks very much like the Channel Up of the 2018-2020 Bull Cycle. The 1W RSI is rebound off the same level it did on the March 16th 2020 low. This indicates that the current levels is a buy opportunity we will most likely won't see again until the Cycles peaks. We are bullish, aiming for a similar +79.40% rise (TP = 3,200).
See how our prior idea has worked out:
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XAUUSD Trade LogXAUUSD Daily/Monthly Long Setup
Trade Logic:
- Setup: Long position initiated within a high-confluence zone supported by multiple technical and structural factors.
- Confluence Factors:
- Daily/Monthly Buy Signal: Higher timeframe signals indicate strong bullish momentum and continuation potential.
- Trendline Support: Price has respected a long-term ascending trendline, acting as dynamic support.
- Fair Value Gap (FVG): Entry aligns with a daily FVG in a discount zone, offering a high-probability long opportunity.
- Kijun Support: Both daily and weekly Kijun lines provide additional support confluence.
- Liquidity Zone: Recent sweep of liquidity below equal lows clears the path for a bullish reversal.
- Risk-Reward Ratio (RRR):
- Stop-loss set below the trendline and daily FVG for tight risk management.
- 1:3 RRR targeting the weak high at 2,910 , with secondary targets near 3,000 for extended profits.
Macro Context:
- Market Sentiment: Safe-haven demand for gold is rising amid geopolitical and economic uncertainty, aligning with bullish technical signals.
- Dollar Weakness: Weakening USD supports upside momentum in XAUUSD.
- Volume Profile: Strong buy-side volume near key support levels indicates institutional participation.
Execution Plan:
- Long entry near the confluence zone of the trendline, FVG, and Kijun support.
- Maintain stop-loss below the daily FVG to manage risk effectively.
- First target near 2,910 , with extended targets at 3,000 for partial or full profit-taking.
- Reassess position if price closes below the trendline or invalidates the daily buy signal.
Extra Note: Monitor macroeconomic events such as interest rate announcements or geopolitical developments that could affect gold prices. Let me know if further adjustments are needed!
