XAUUSD 4H SELL MODELdue to yesterday's FOMC, price sold drastically forming a 4H Breaker block and a fair value gap above. This morning, price has retraced to the 4H Breaker + FVG marked out..expecting a drop to yesterday's low
GOLD trade ideas
In a short period #XAUUSD can go up and reach to the 2660.High timeframe trend = BULLISH
if #XAUUSD couldn't be able to break the whole 2660 and drop below 2648 in 4h candle, then the next bearish target will be 2612.
Gold next Moves.We have observed gold had moved in inclined parallel channel in past days but it broke support area of Parallel channel currently it is moving in horizontal parallel channel after getting some liquidity.
In my point of view gold will fall around 2615 then it will get a big reversal to fly up to 2700.
Put your entries you will enjoy your profits.
GOLD // Trap for the Bulls&BearsThe market is mixed on the weekly, long on the daily, be below the last (or highest) clean daily breakdown.
The H4 is not in sync with the daily, and the market is between a breakout and a breakdown.
THIS MAKES IT A TRAP FOR BOTH BUYERS AND SELLERS.
I'll stay away from it.
———
We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present. 🏄🏼♂️
Your comments and support are appreciated! 👊🏼
Xauusd 30 Minute Idea Xauusd Is Running Side way From Last Day.
Now we have to wait for clear any Direction
💯First strategy = If Market Break 2663 Then We Take Long/Buy order With
(- 40pips) SL And (+100pips) Target
💯Second strategy= if Market Break 2649 The we take Short/Sell Order With
(- 40pips) SL And (+100pips) Target
Trade with your own risk ‼️
From = Sam Brown
Gold Next Week Timeframe :
D1 trendline broke
H4 Bullish eng
H1 Bullish eng + FVG
D1 trendline has broken the down trendline, H4 has bullish engulfing at demand zone, H1 has also bullish engulfing and Fair Value Gap (FVG).
Entry :
According to H1 TF, entry point is 2643 at the area of FVG and Bullish engulfing.
Stop loss 2630 and Target is 2723.
Its possible to achieve target next week in FOMC.
GoldGold is in a bearish range today but there is a flow gap, there is a sequence and there is liquidity
Gold ahead of Fed Rate decisionFundamental analysis: My earlier Selling signal was confirmed on Hourly 4 chart under prolonged weakness and Price-action respecting the trendline guarding the downtrend (very Bearish formation) as Hourly 1 chart is already an aggressive Descending Channel (width opened on Williams) that should reach it’s next Lower High’s (currently Trading slightly below Triple Top's formation) and Oversold state near my take Profit of #2,627.80 Support in extension. If the bands are widened Traders may witness #2,622.80 pivot point test on the correction back down after current upside extension but not Lower. In any case I will update my Targets or levels of Profit taking if I decide to exit earlier than #2,622.80 Support in extension to be in accordance with the Daily chart’s period.
My position: #2,648.80 was excellent re-Sell point and regarding Fed Rate decision, I expect Rate to be Lowered and hawkish stance on the aftermath which can make Gold suffer even more.
FED RATE-CUT / WEEKLY PLAN 16-20 DEC, 2024World 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 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, Pips & Profit identifies the important key areas as follows:
Resistance: $2678, $2723
Support : $2613, $2590, $2535
Let's support "Pips & Profit" by LIKE AND COMMENT TRADINGVIEW. Thank you very much everyone 💙
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
Gold can little correct and then grow to 2720 resistance levelHello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price some time traded near the resistance level in the seller zone, and later price rebounded and started to grow. In a short time price rose to 2790 points and then turned around and started to decline inside the downward triangle. In this pattern, the price first broke the 2720 level and then declined to the support level, which coincided with the buyer zone, after which broke this level too. Next, Gold declined to support line of the triangle, after which at once made impulse up, breaking the 2625 level one more time. Then it made a retest and continued to grow to the resistance line of the triangle, and when Gold reached this line it at once dropped to the 2625 support level. Price some time traded near this level, after which fell to the buyer zone and then started to grow. In a short time, the price rose to a resistance level, exiting from the triangle, but recently it turned around and made correction. So, now, I think that Gold can decline to support line of the triangle and then rebound up to the 2720 resistance level. That's why I set my TP at this level. Please share this idea with your friends and click Boost 🚀
XAUUSD Revision Wednesday, 18 December 2024Hello Nation!
This is my first post. My intention here is just spend some time to look back at what Gold did today. I will try very best to do this repeated daily.
Firstly, i am scalper. I trade using SNR and breakouts method. I would also plan my trades from higher timeframes. But this ‘Revision’ I will just focus on H1 and M15. I am just be sharing my views on what had happened and how i could have navigated the markets with my entries.
Let’s start from the market open at 2651. Price went bullish touching the H1 SBR area. It respected that area and pushes down towards the H1 Support.
A Strong Bullish reaction from the H1 support, Price return to M15 Box area which i had marked.
For me, A rejection from the m15 box is a hint for sell. Usually M1, will be my entry Timeframe. But as i had mentioned, i will only focus on H1 and M15 here.
I had marked my 1st sell Position. Risk 30 Pips, TP 100 Pips.
Moving down further, the previous H1 support was broken and it became a possible Resistance.
Again, I marked the m15 SBR with a box. Wait for price to return into the box area.
Similarly like the Previous Sell entry, several rejections can be spotted which can be a strong hint for a sell entry.
I had mark the 2nd Sell Position for you to see clearly. Risk 30 PiPs and TP 100 Pips.
To conclude, Gold was a beautiful Sell today. I hope you did well for yourself today. Maybe in writing these notes, i get to revise and also improve myself as a trader.
Thank you for reading! And Goodbye.
Gold 1h analysis, I'm personally looking for a sellAccording to the 1h analysis, I'm personally looking for a selling opportunity from the resistance area near 2653.00 & 2656.00
Targets:- 2625.00 / 2614.00 / 2605.00
Don't place any advance orders for now. Use good bearish confirmation for the entry.
Remember one thing if the price successfully closes above 2665.00, then stay away from selling. CAPITALCOM:GOLD
Gold directionMy view of gold is that it still has a chance to climb. We can see it break level 2729. From there, it will go to level 2790.
Xauusd short positionGold is trading below the trendline. Recently it tried to break up but just met resistance at level 2700 and ended up just forming what is seen to be a double top. Further this completed the first wave of High-Lows. Breaking below the Channel will see the gold weakness continuation. Both monthly abd weekly chart are quite distended that should confirm some pullback. If Trump card has to play out, I expect more weakness of gold towards Trump inauguration as well as post inauguration followed by sideway price action before finally confirming direction.
My Best Analysis Resistance at 2628
If the market rises to 2628, this level may act as a resistance. Traders could expect a potential reversal or a slowdown in upward momentum from this point. It's crucial to observe volume and price action near this level for confirmation.
Resistance at 2665
If the market continues to rise, 2665 serves as a strong resistance level. Price action near this level could indicate whether the market has the strength to break higher or if it will face a reversal.
"Sell every High's on Gold"Technical analysis: Gold is displaying extreme durability as despite the Bearish pressure provided by the Technical necessity for the Lower High’s Lower zone extension, the parallel relief rally of DX and uptrend on Bond Yields, the Spot prices (Gold) was testing #2,582.80 - #2,592.80 Support zone throughout yesterday’s session, extending the range to #2,552.80 - #2,622.80 (Medium-term break-out levels). In addition to that, yesterday’s session High’s bounced exactly on the pressure point which is a sign that Bearish full scale reversal might not be far away, but will be surely postponed if today’s #2,611.80 - #2,613.80 Short-term Resistance cluster gives away and result as an #10 - #15 point recovery Intra-day. Daily chart remains an healthy Descending Channel but at the same time, Weekly chart (#1W) is on Negative gradient so only a new Higher High's Lower zone extension test can restore the Short-term Bullish sentiment (#2,622.80 or above towards #2,627.80 - #2,632.80). As I have closed all my my Selling order, I assume no new orders for the moment.
My position: The Trade remains "Sell every High's on Gold" and remember as long as DX is Trading on upside numbers, recovery on Gold will remain very limited. I will either re-Sell Gold now with #2,582.80 Target, or await one of my upside re-Sell areas to re-Sell Gold towards Lower levels. I am looking at #2,552.80 benchmark test initially as I expect Gold to remain pressured on both Intra-day and Short-term basis.
Closing both of orders with excellent ProfitAs discussed throughout my yesterday's session pre-Fed commentary: "Fundamental analysis: My earlier Selling signal was confirmed on Hourly 4 chart under prolonged weakness and Price-action respecting the trendline guarding the downtrend (very Bearish formation) as Hourly 1 chart is already an aggressive Descending Channel (width opened on Williams) that should reach it’s next Lower High’s (currently Trading slightly below Triple Top's formation) and Oversold state near my take Profit of #2,627.80 Support in extension. If the bands are widened Traders may witness #2,622.80 pivot point test on the correction back down after current upside extension but not Lower. In any case I will update my Targets or levels of Profit taking if I decide to exit earlier than #2,622.80 Support in extension to be in accordance with the Daily chart’s period.
My position: #2,648.80 was excellent re-Sell point and regarding Fed Rate decision, I expect Rate to be Lowered and hawkish stance on the aftermath which can make Gold suffer even more."
I have closed my both #2,648.80 and #2,638.80 orders, first one on #2,633.80 and second one (#2,638.80 entry point) on #2,600.80 benchmark. My Fed Rate decision expectations were spot on as I guessed nicely that Rate will be Lowered and hawkish stance on the aftermath.
Technical analysis: As Gold rebounded back towards well known Hourly 4 chart’s Neutral Rectangle once again within Symmetrical Triangle forming on Daily chart, this is very cautious market at the moment. Yet again, I see no firm reasons for current Buying bias on Gold to be sustainable, as #2,648.80 - #2,652.80 Resistance zone should price in local Top’s and reversal area (optimal re-Sell zone). After observing Gold’s Price-action near market closing (first similar closing since May #15), do not expect much from today’s session as long as DX isn't pressured by disappointing numbers.
My position: I will await for area to be engulfed and only then make my move. Yesterday's session Profits were great edition to previous week's Profits as I don't have any urge to rush and engage any kind of order however will monitor the Price-action patiently until opportunity arise. I expect Gold to remain pressured.
CHART BREAKDOWN XAUUSD: Key Levels, Targets and Thoughts!Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing a essential supply zone: low-risk sell zone spanning from 2661.00 to 2664.00, respectively, are highlighted.
Things I Have Seen👀:
Important Supply Zone🟢: Identified between 2661.00 and 2664.00 serving as a low-risk sell.
Bearish Targets📉:
2659.00: Possible retracement area.
2655.00: Possible retracement area.
2649.00: Possible retracement area.
2640.00: Possible retracement area.
2613.00: Liquidity area.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
XAUUSD-Selling Rallies Amid Bearish StructureXAUUSD-Selling Rallies Amid Bearish Structure
In my analysis of XAU/USD yesterday, I highlighted that after the 800-pip drop, a rebound was likely. However, given the weekly Pin Bar and the bearish daily structure, I emphasized that any upward move should be viewed as a correction and an opportunity to sell.
Indeed, the market did see a rebound, but it was weak and short-lived. After reaching the 2665 zone, the price reversed to the downside and ended the day with minimal change.
Currently, the price sits at 2652, with the recent lows now acting as confluent support, reinforced by the rising trendline from the recent bottom. A decisive break below this support zone would shift focus to the next key level at 2610-2615.
My strategy remains unchanged: I continue to look for selling opportunities on rallies.
Gold 1H Intra-Day Chart 18.12.2024Here is what I am looking for next;
Option 1: Gold keeps dropping in its bear trend. Our target is $2,580. You can see the zig zag move Gold is creating. We saw a break below + retest so should continue now.
GOLD MARKET ANALYSIS AND COMMENTARY - [Dec 16 - Dec 20]At the beginning of this week, OANDA:XAUUSD quite strongly from 2,627 USD/oz to 2,726 USD/oz, but then dropped sharply to 2,645 USD/oz and closed the week at 2,648 USD/oz.
The reason why international gold prices increased sharply in the first sessions of this week was because investors reacted to the fact that the People's Bank of China (PBoC) returned to buying 5 tons of gold in November after many months of temporarily stopping buying. reserve gold. Even with the six-month hiatus, the PBoC bought 34 tons of gold this year and remains one of the top central banks buying gold in 2024.
However, gold currently accounts for less than 6% of China's total foreign exchange reserves. This shows that the PBoC's room to continue buying gold reserves is still very large, especially when US-China tensions are increasingly escalating when President-elect Donald Trump threatens to impose very high tariffs on China.
However, after rising to 2,726 USD/oz earlier this week, gold prices once again fell sharply because US inflation remained persistent, affecting expectations of the FED's monetary easing cycle.
While the decision on FED monetary policy will receive more attention next Wednesday, the gold market will also receive important economic data that can impact the FED's monetary easing cycle, such as retail sales, revised third quarter GDP of the US...
📌Technically, the gold price still maintains an uptrend on the Daily technical chart, as the price is still above the EMA89 moving average. However, on the H4 chart, the movement of the moving average shows that the price is accumulating sideways, the resistance area to pay attention to is around the 2725 mark, while the important support zone is around the round resistance mark of 2600. In the coming week Many influential information can cause gold prices to fluctuate strongly beyond this sideways range.
Notable technical levels are listed below.
Support: 2,644 – 2,634USD
Resistance: 2,663 – 2,676 – 2,693USD
SELL XAUUSD PRICE 2751 - 2749⚡️
↠↠ Stoploss 2755
BUY XAUUSD PRICE 2579 - 2581⚡️
↠↠ Stoploss 2575
XAU - monday sideway! Scalping follows the downtrendSCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Last week's US Consumer Price Index (CPI) and Producer Price Index (PPI) reports strengthened expectations that the Federal Reserve (Fed) will ease its rate cuts at a slower pace next year.
On Friday, the benchmark 10-year US Treasury yield climbed to a three-week high, reflecting market bets on a less dovish Fed stance, which could limit gains for the non-yielding gold.
Looking ahead, Monday's release of global flash PMI data may shape broader market sentiment and potentially impact demand for the safe-haven precious metal.
⭐️Personal comments NOVA:
Gold price is slow on the first trading day of the new week, around the 2650 area.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2662 - $2664 SL $2667 scalping
TP1: $2657
TP2: $2650
TP3: $2640
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️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
