Gold 15m setuplooking for a buy around here, if it continues the bullish momentum. we will follow the same strategy on 50-70 pips running profit book partial and SL will be at BE
XAUUSD trade ideas
XAUUSD Short Trade SetupPrice is currently testing the key area at 2675. If we can get a liquidity sweep, forming a double top structure, and a convincing break below 2655, we can start to look for potential sell trade setup and expect price to start aligning with the higher timeframe bearish bias.
XAUUSD CONFIRM SIGNALHere after CPI market went up to the moon now its time it to back to the ground
We have 110 pips target for short
follow my chart to make huge profit
GOOD LUCK
XAUUSD - 4hr Bum n Run updateLong story short... The market is currently playing inside the zone 2625-2655. (30pip range)
Gold should maintain above 2615. a Close below this level counld invalidate the Bump and run pattern and continue with more bearish pressure.
Its NFP week and you know the USD has been gaining strength. Wait for the breakout above 2655 before entering another Buy. We need strong bullish candles with high volume to make this setup a low-risk trade.
The targets are still the same:
Targets:
1 - 2685 (quarter 3 high)
2 - 2710 (target 1)
3 - 2750 (target 2)
4 - ATH
Gold Market Analysis 12/11The ideal target of 2687 has been achieved, and the price has now moved above 2690. Currently, the 2693-2704 region faces significant selling pressure, which is expected to cause a short-term pullback. However, from the 1D chart perspective, the overall trend remains bullish, indicating that this pullback is a release of pressure rather than a change in trend.
Short-term support is at the 2678-2673 range, and if the price retraces to this level, it could attract renewed bullish momentum. Therefore, the recommended trading strategy is as follows: consider shorting above 2690 for a quick trade, and look to go long if the price drops below 2680, with targets remaining at higher levels.
As always, ensure proper risk management and closely monitor market movements.
#xauusd #elliottwave short sell setup wave 3 12Dec24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
GOLD: Expecting Bearish Continuation! Here is Why:
Looking at the chart of GOLD right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely.
❤️ Please, support our work with like & comment! ❤️
Gold is nearing the big feastA five-wave impulsive move is near to terminate as the 5th wave of the fifth wave is extending. The extension can end at 1.62% of w1+w3.
But the retracement of the coming wave A can sit over the 62% of the extension.
Gold is in the Bearish DirectionHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Gold profit target this week is 300%I posted the same gold analysis a few hours ago. It has hit our sell zone and is falling. Waiting to reach the TP position. I will share trading strategies for the market every day. You can click on my link
Gold buy entry up to 2788Guys Keep Holding Gold Market Touching higher high this month wait for resistance breakout then 100% buy up to 2788.
XAUUSD As we have bearish divergence in 1H time frame & the 2720 is the local resistance, we might go down to 2658 IMO
Xauusd sell Gold maintains the upward pressure and hovers around the $2,700 level after the US reported that the November Consumer Price Index rose 2.7% from a year earlier, as expected. Market players drop the USD.
Gold now sell 2700
Support 2691
Support 2682
Resistance 2710
Resistance 2715
Gold recovers! Break and move uptrend⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) continues its weekly rally for the third straight day on Wednesday, reaching a two-and-a-half-week high during the Asian session. The metal aims to sustain its momentum above the $2,700 level, supported by multiple factors. Geopolitical tensions from the escalating Russia-Ukraine conflict, unrest in the Middle East, and concerns about US President-elect Donald Trump's proposed tariffs drive safe-haven demand. Additionally, expectations of rate cuts by major central banks further bolster the non-yielding yellow metal.
However, the US Dollar's (USD) recent rebound to a near one-week high on Tuesday limits further gains for USD-priced Gold. Moreover, traders remain cautious ahead of today's US consumer inflation data, which could shape the Federal Reserve's policy decision next week, influencing the USD and Gold's direction. Despite this, the broader outlook suggests that the XAU/USD remains biased towards further upside movement.
⭐️Personal comments NOVA:
The large time frame is showing a strong recovery in the 2700 price range. Continue the short-term uptrend, waiting for a bearish price reaction at 2722
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2720 - $2722 SL $2727
TP1: $2710
TP2: $2700
TP3: $2690
🔥BUY GOLD zone: $2685 - $2683 SL $2680 scalping ( Asian and European sessions )
TP1: $2690
TP2: $2695
TP3: $2700
🔥BUY GOLD zone: $2673 - $2671 SL $2666
TP1: $2680
TP2: $2690
TP3: $2700
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
XauUsd target done. What's next?As expected, the 2655–2660 resistance zone gave way, and after a confirmed breakout, OANDA:XAUUSD moved higher, surpassing the initial target of 2685 and hitting a local high above 2700.
The price then formed a double top around the 2704 level (5m chart) before entering a normal correction phase. During this pullback, it tested the 2675 zone, which held as a strong support area due to its confluence.
Currently, Gold is showing signs of resuming its upward trend and is trading around 2693. My outlook remains bullish as long as the 2670–2675 support zone holds. For now, buying during dips remains the best strategy.
If the price can break back above 2700, the next key resistance to watch is at 2718.
XAUUSD BUYS PLAYED OUT PERFECTLY Hey guys if you got in for this buy trade congratulations and take profit that’s a good 1:3 RR and we just made back our loss and more from last week,tho I haven’t closed yet I just wanna update you guys about the trade…Enjoy your week guys…
GOLD FURTHER SELL OFF?! (UPDATE)Gold overall is still holding bearish. I originally expected a ‘Flat Correction’ on the lower bound of the range, but price is now creating that same correction, on the upper bound of the range. Market analysis is still valid & I’m still holding my sell position’s open.
Market structure would be invalidated if price broke ABOVE previous Wave 5 high.
GOLD FURTHER SELL OFF?! (UPDATE)Gold overall is still holding bearish. I originally expected a ‘Flat Correction’ on the lower bound of the range, but price is now creating that same correction, on the upper bound of the range. Market analysis is still valid & I’m still holding my sell position’s open.
Market structure would be invalidated if price broke ABOVE previous Wave 5 high.
"XAU/USD Potential Bullish Reversal with Key Targets Ahead"Technical Analysis for Buy
Trend: XAU/USD is showing signs of a potential bullish reversal from the oversold conditions.
Indicators: RSI and Stochastic are in oversold territories, suggesting a potential upward movement.
Target Areas: 2670, 2700, 2800, and 2900.
Trading Scenario
Entry Point: 2657
Stop Loss: 2630
Target 1 (TP1): 2700
Target 2 (TP2): 2800
Target 3 (TP3): 2900
Explanation
Entry: Enter a buy position at 2657.
Stop Loss: Set stop loss at 2630 to limit downside risk.
Scenario: If the price reaches the resistance level at 2670 and retraces to 2655, look for a break above 2675.
TP1: Set the first profit target at 2700.
TP2: If the price continues to move up, set the second profit target at 2800.
TP3: For long-term targets, aim for 2900.
GOLD SHORTDouble touch chartist analysis, it is simple but effective since wednesdays and thursdays usually give great reversions, let's wait and it comes true, always managing the risk
XAUUSDXAUUSD refers to the trading pair that represents the value of gold (XAU) in terms of the US dollar (USD). It is one of the most popular instruments in the forex and commodities markets, as gold is considered a safe-haven asset and a hedge against inflation or economic uncertainty. The price of XAUUSD fluctuates based on factors like geopolitical events, interest rates, currency strength, and market sentiment. Traders and investors closely monitor this pair to capitalize on price movements or to diversify their portfolios.
