XAU/USD "GOLD MINES" Bearish Robbery Plan to steal GoldHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist XAU/USD "GOLD MINES" based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss : Recent Swing High using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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Xauusdshort
XAUUSD - Gold Short Near Major Resistance of Trend Line here is my idea about short trade, I'm looking for a short entry expecting downside movement if the price continues to struggle below these levels.
Gold struggle to break trend line Resistance which is indicating me good idea for short
Entry Type: Short/Sale
Entry Price: 2565.556
Take Profit: 2556.176
Stop lose: 2574.973
Good Luck!
Gold Short Trade Idea - After All-Time Highs 1 Hour (1H)Gold has recently surged to new all-time highs (ATH) following a strong breakout during the New York session. The momentum carried through to the Asian session, where the price continued to climb. However, as we enter a potential exhaustion phase, there may be an opportunity to short gold.
Analysis:
• All-Time Highs: After reaching new ATHs, gold appears to be losing steam, suggesting that a retracement could be imminent.
• Momentum Loss: The recent price action shows signs of weakening, which could indicate that buyers are stepping back, providing a window for a short position.
• Technical Levels: The take-profit target is aligned with the 0.5 Fibonacci retracement level, a common area for price to pull back after a significant move.
• Price Discovery: Gold is currently in a “price discovery” phase, where the market is determining the true value after reaching unprecedented levels. This increases the potential for volatility and unexpected price movements.
Trade Management:
• Partial Profits: If the trade starts moving in our favor, it’s advisable to take partial profits along the way. This strategy minimizes risk and locks in gains, as waiting for the full target may be too optimistic in a volatile environment.
• Tight Stop-Loss: Given the current market conditions, it’s crucial to keep the stop-loss tight. The market is in uncharted territory, so protecting your capital is paramount.
This trade aims to capitalize on a potential pullback after a historic surge in gold prices. However, caution is essential due to the “price discovery” nature of the market at these levels. Manage your risk carefully and be prepared to adapt to the market’s movements.
Trade carefully, and good luck!
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
GOLD (XAU)📊 #XAUUSD
⏱ TIME: 1D
📝Gold is moving towards its resistance range and this range is expected to be gold's definitive ceiling, after which it will move lower. $2600 range (green box)
⭕️risk: MID
📍The initial selling limit: 2600$
📌TP1: 2490$
📌TP2: 2320$
📌TP3: 2230$
📌TP4: 2100$
📌TP5: 1830$
⛔️SL: 2660$
XAUUSD: Trading in support or resistance areasAfter the CPI inflation data released yesterday, the market predicts that the probability of the Fed cutting interest rates by 50 basis points at the meeting next week has dropped from 44% a week ago to 13%, so the probability of a 25% basis point rate cut in September has basically become a foregone conclusion.
Smaller and more conservative rate cuts are not good news for gold, but it is still a certainty that the rate cut will be beneficial to gold. However, after the impact of the rate cuts in the past 1-2 months, most of the gold price has been digested in the process of rising.
So I think that if the gold price cannot set a new record high in the next 1-2 weeks, then there will be a downward trend in gold.
From the perspective of the gold market, the gold price is now at 2516, which is the middle position between the lower support of 2500 and the upper resistance of 2530. It is not good to be bullish or bearish here, so we need to wait for the market to approach the support or resistance before formulating a trading plan today.
The trading plan is as follows:
If the gold price reaches around 2530, you can sell here without breaking a new high
If the gold price reaches the 2500-2510 area, you can buy without breaking support
Based on the fundamentals of smaller interest rate cuts, I prefer to be bearish at high levels rather than bullish at lower levels.
Risk data to watch out for today:
European Central Bank Deposit Facility Rate
U.S. Weekly Jobless Claims Data
U.S. August PPI Data
XAUUSD | Short from Resistance or NEW All Time High ? Everyone's favourite precious metal has been in a near month long range zone for the last few weeks following a surge to the all time high level of $2,532 and a range low of $2,471 in where gold has been stuck in consolidation even with Non Farm Payroll which failed to break this strong range zone.
Most recently we have seen a large bullish surge in momentum that has driven gold from $2,484 to the now resistance topside of the range at $2,536 where it is likely to see another fractal pivot bring price back into the range however that being said with todays upcoming USD releases for the CPI + Inflation Rate traders are anticipating if this could be the day we break the topside and push for another all time high which could be likely but as always is a 50/50 gamble on such red flag events.
Price action wise I will be aiming for the short range from $2,515 - $2,502 with a continuation of the range likely for the next 2 weeks, but as per any high impact news day I will be looking closely at the market structure and volume during these events whilst utilising correct risk management and preferable being out of my trades before and seeing where suitable entries lie following such events.
What are your thoughts ? Let me know in the comments below :)
Gold (XAU/USD) Short Setup on Daily Timeframe Gold (XAU/USD) is currently trading near a resistance zone on the daily chart, presenting a potential short setup. With key U.S. economic data, including the CPI (Consumer Price Index), set to be released today, there is a high probability of increased volatility, which could drive the price lower if the data supports USD strength.
Technical Analysis:
• Resistance Zone: The daily chart shows Gold testing a significant resistance level around 2,520. This level has previously acted as a strong barrier, making it an ideal spot for a potential reversal.
• Bearish Candlestick Formation: The recent price action has formed a bearish rejection pattern, indicating that sellers may be stepping in at this level.
• Downside Targets: The initial target for this short setup is around 2,500, where the next significant support lies. A further decline could see the price move towards 2,480 if the bearish momentum continues.
Fundamental Analysis:
• USD CPI Data: Today’s U.S. CPI release is critical, as it will provide insight into inflationary pressures and could influence the Federal Reserve’s monetary policy decisions. A higher-than-expected CPI could strengthen the USD, putting additional pressure on Gold prices.
• Market Sentiment: The market may already be pricing in expectations for the CPI data, so it’s essential to watch the actual release closely. A stronger USD could lead to a significant selloff in Gold, validating this short setup.
Risk Management:
• Volatility Caution: Given the importance of the CPI data, expect increased volatility during and after the release. Ensure your position size reflects this potential risk.
• Trailing Stop: Consider using a trailing stop if the trade moves in your favor to lock in profits while allowing the position to run if the decline continues.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Gold Analysis==>> Attack to Support lines==>Short termThe Gold moved and hit the targets as I expected in the previous post .
Gold is currently moving near a Heavy Resistance zone($2,532-$2,523) and broke the Uptrend line .
According to the Elliott Waves theory , Gold has successfully completed the Zigzag Correction(ABC/5-3-5) in the 15-minute time frame.
I expect Gold to attack the Heavy Support zone($2,484-$2,431) and Support lines in the coming hours.
Gold Analyze ( XAUUSD ), 15-minute 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.
Gold Analysis September 12Fundamental Analysis
Gold prices rose on an overnight rebound from the psychological $2,500 mark and gained some positive momentum on Thursday. Growing acceptance that the Federal Reserve (Fed) will begin its policy easing cycle and lower borrowing costs next week turned out to be a major factor acting as a boost for the non-yielding yellow metal. That said, bearish bets on a larger Fed rate cut at the end of the September 17-18 policy meeting have pushed the US Dollar (USD) closer to its monthly peak and should limit gains for the commodity.
In addition, a generally positive tone around the equity markets is likely to undermine traditional safe-haven assets and deter traders from placing aggressive bullish bets around Gold prices. Furthermore, the recent range-bound price action and repeated failures to find acceptance above the $2,530-2,532 zone or the all-time high reached in August, make it prudent to wait for strong follow-through buying before positioning for further gains. Traders are now looking forward to the US Producer Price Index (PPI) for fresh impetus.
Technical Analysis
Gold prices pushed up to 2521 in the late Asian session and as the European session began, prices are being pushed back down. The area of interest is the 2512 zone as prices failed to break through until mid-European session, then BUYing back up to 2528 before the US. Breaking 2528 holds until the 2555.xx peak. In the opposite direction when the 2512 zone is broken, wait for retest to sell to 2500 and 2595. In case gold does not push to 12 but flies away, sell again in the 2528-2530 zone.
SELL 2543 - 2545 Stoploss 2549
BUY 2503 - 2501. Stoploss 2498
BUY 2496 - 2494. Stoploss 249
The market is now paying attention to some US producer pricesWorld gold prices reversed and decreased slightly with spot gold down 5.9 USD to 2,511.8 USD/ounce. Gold futures last traded at $2,540.30 an ounce, down $5.60 from the bright spot.
Expectations for an interest rate cut at next week's main meeting decreased somewhat after the consumer price report put upward pressure on gold, causing the precious metal to lose 0.2% on the day. Accordingly, the latest report found that consumer prices in the US increased slightly in August, but underlying utilization remained stable, which may make the US Federal Reserve (Fed) unable to decided to reduce 50 basis points next week.
💎 OANDA:XAUUSD Buy 2485 - 2487💎
✔️TP1: 2500
✔️TP2: 2510
✔️TP3: OPEN
🚫SL: 2480
💎 OANDA:XAUUSD Sell 2522 - 2525💎
✔️TP1: 2510
✔️TP2: 2500
✔️TP3: OPEN
🚫SL: 2533
Gold, what is next, up or down, does anyone know?)After my last post on GOLD the price nearly hit my target at the all-time high (ATH), but now we're in a tricky situation:
1. We’ve got equal lows (EQL) and equal highs (EQH) forming on GOLD.
2. The price grabbed liquidity from the previous week's high (PWH), then nuked and closed below both the daily open and weekly open (WO) levels.
3. On the lower timeframes (5-15m), we've got market structure shifts (MS) and break of structure (BOS).
Given all these factors, I see three possible scenarios—two bearish and one bullish—all depending on how Monday and Tuesday’s price action (PA) plays out:
1. **Most likely**: A pump to the 15m order block (OB) in the golden pocket before moving downward toward the EQL.
2. **Bearish scenario**: The price drops from the market open straight down to EQL without testing any higher zones.
3. **Bullish scenario**: The price surges higher, closes above the 15m OB, and continues pushing toward the ATH.
Once either EQL or EQH is hit, we’ll need to watch for a reaction. Follow me if you don’t want to miss more insights like this!
XAUUSD 30M TRIANGE BREAKOUT PROJECTION 12.09.24Reason for Bullish In Gold
Any change in its demand anywhere in the world, either for jewellery or as an industrial input, affects the price of gold. The increase in the price of gold is directly proportional to the demand for gold and consumer goods. A crucial factor determining this demand-supply, is the production of gold.
A sharp reaction to the news A sharp reaction to the news
The XAU/USD market is driven by several macroeconomic factors, including interest rates, inflation expectations, geopolitical tensions, and overall risk sentiment in global financial markets. To understand how the price of XAU/USD might behave in the near term, let's examine the key factors at play:
1. Current Market Environment:
Global Inflation: Persistently high inflation typically supports gold prices as gold is considered a hedge against inflation. If inflation remains elevated, investors might continue to seek gold as a store of value.
US Dollar Strength: Gold prices are inversely related to the US dollar. A strong dollar can push gold prices lower as gold becomes more expensive for buyers in other currencies. Conversely, if the dollar weakens, gold prices can rise.
Interest Rates: Central bank policies, particularly the US Federal Reserve's stance on interest rates, play a significant role. Higher interest rates increase the opportunity cost of holding gold (which doesn’t pay interest), potentially leading to lower demand. On the other hand, a dovish stance or rate cuts support gold prices.
Are you ready to short gold?Gold rose to 2520 as expected, even higher than I expected, and once reached around 2529. However, the highlight of the gold market today is the CPI data.
To be honest, for the current gold market, I don't recommend chasing gold any further. Even if gold rises to the 2530-2535 area, I don't recommend chasing gold any further. Because the market expects the Fed to cut interest rates this month, but there are still differences on whether to cut interest rates by 25 basis points or 50 basis points. Once the market expects a 25 basis point cut, gold will continue to fall; even if the market expects the Fed to cut interest rates by 50 basis points, I think it will be difficult for gold to rise sharply based on CPI data alone, because if gold rises sharply based on a single CPI data, it will compress the room for growth of the interest rate decision on September 19, so even if the CPI data is bullish for gold, the room for gold to rise will be compressed, and gold is likely to rise first and then fall.
So in terms of trading, I don't recommend chasing gold for the time being. On the contrary, if gold approaches the 2530-2535 area, I think you can start to short gold boldly!
I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
XAUUSD CORE CPI NEWS FORCAST 11.09.24REASON FOR FALL
Core inflation is the change in the costs of goods and services, but it does not include those from the food and energy sectors. This measure of inflation excludes these items because their prices are much more volatile. It is most often calculated using the consumer price index (CPI), which is a measure of prices for goods and services.
Key Takeaways
Core inflation is the change in the costs of goods and services but does not include those from the food and energy sectors.
Food and energy prices are exempt from this calculation because their prices can be too volatile or fluctuate wildly.
Core inflation is important because it's used to determine the impact of rising prices on consumer income.
Gold may hit around 2520 again before CPIToday's gold market seems a bit boring. Most of the time, it fluctuates in the 2502-2506 area. There is basically no trading space. Just now, gold stopped below 2510 during the rebound process, and the rise did not continue; and gold failed to fall below the 2500 mark during multiple declines, and the bullish potential still exists.
Just now, gold rebounded to around 2510, but I was not in a hurry to short gold. Because gold has rebounded since 2485, it has built a "W" bottom structure at the technical level to support the rebound of gold; and today, gold has tested the 2500 mark many times but has not fallen below it, proving that the "W" bottom structure support is effective, and gold may still continue to rise, and may even hit the area around 2520 again. This is also the reason why I am not in a hurry to short gold near 2510!
At present, gold is in a narrow range of fluctuations. On the other hand, it may also be waiting for the guidance of CPI data. Gold may try to hit the 2520 area again before the CPI is released; if gold tries to hit the 2520 area before the CPI data is released, then we will boldly short gold in the 2520 area!
I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
Gold price continues sideways waiting for tomorrow's CPI⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) struggled to build on Monday's gains and edged lower during Tuesday's Asian session, weighed down by continued US Dollar strength. After Friday's mixed jobs report, investors reduced expectations of a larger Fed rate cut in September, boosting the USD and pressuring gold.
Additionally, a positive sentiment in equity markets further dampened demand for the safe-haven metal. XAU/USD remains within a multi-week trading range as investors await more clarity on the Fed’s rate decision. Focus now shifts to US inflation data due Wednesday, with the potential rate-cut prospects limiting aggressive bearish positions on gold.
⭐️ Personal comments NOVA:
There was no important news on Tuesday, Gold prices continued sideways in the price range of 2480-2520 waiting for important data of the week: CPI, PPI,...
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2486 - $2484 SL $2479
TP1: $2495
TP2: $2505
TP3: $2520
🔥SELL GOLD zone: $2519 - $2521 SL $2526
TP1: $2510
TP2: $2500
TP3: $2490
⭐️ 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
- The winner is the one who sticks with the market the longest