Gold Set for Recovery After Friday's DeclineLast Friday, gold encountered strong selling pressure at 2692, continuing its downward movement to the green zone, which I’ve marked as a potential buying area. Traders who held long positions on Friday may see profits on Monday.
There could be a second downward move, but if this happens, the 2644-2636 area is expected to act as strong support. For long positions, the initial targets are 2657-2666, and if prices stabilize around 2654-2658, we can target the 2671-2679 range.
Xauusdsetup
XAU/USD 16 December 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase.
Price Action Analysis:
Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity,
for two possible reasons.
1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high.
2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855.
Intraday Expectation:
Intraday expectation and alternative scenario as per points 1 and 2.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Price Action Analysis:
Since last analysis dated 13 December 2024, price has printed a double bearish iBOS
Bullish CHoCH has been printed, therefore, we are now trading within an established internal structure.
Intraday Expectation:
Price has tapped in to M15 supply zone. Technically price to target weak internal low priced at 2,643.595.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
XAU / USD "GOLD vs USD" Metal Market Heist Plan on BullishHola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
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Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback.
Stop Loss 🛑 : Recent Swing Low using 4H timeframe
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XAU / USD "GOLD vs USD" Metal Market Heist Plan on BullishHola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist XAU / USD "GOLD vs USD" Metal Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback.
Stop Loss 🛑 : Recent Swing Low using 4H timeframe
Target 🎯 : 2800.00
Attention for Scalpers : Focus to scalp only on Long side, 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 💰.
Warning : Fundamental Analysis news 📰 🗞️ 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.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
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XAU/USD 13 December 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Bias/analysis remains the same as analysis dated 25 November 2024. Awaiting candle closure to confirm bullish iBOS
Price Action Analysis:
As mentioned in yesterday's analysis dated 24 November 2024, whereby price was expected to print a bearish CHoCH. This is how price printed.
Currently, price is trading within an established internal range.
Intraday Expectation:
Price is anticipated to trade down to either discount of internal 50% EQ, which is marked in blue, or H4 demand zone before targeting weak internal high priced at 2,721.420.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Price Action Analysis:
Yesterday's intraday analysis played out with price targeting weak internal low at priced 2,700.810.
Price has just printed a further bearish iBOS.
Following bearish iBOS we expect a pullback. Current CHoCH positioning is denoted with a blue dotted line.
We are now trading within an internal high and fractal low. You will note internal range has been significantly narrowed, however, price could print lower which would extend the depth of the internal range
Intraday Expectation:
Price is expected to indicate pullback initiation by printing a bullish CHoCH.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
XAUUSD XAU/USD fell towards $2,680 and remains under pressure as investors diggest US figures and the European Central Bank monetary policy announcement. Inflation in the US at wholesale levels rose by more than anticipated in November, according to the latest Producer Price Index releaseTechnically, the XAU/USD pair is at risk of extending its slide, albeit far from bearish. The daily chart shows that the pair keeps developing above all its moving averages, with the 20 Simple Moving Average (SMA) maintaining its upward slope below the current level and above also bullish 100 and 200 SMAs. However, technical indicators have turned south, with the Momentum heading firmly south below its 100 level and the RSI also pointing lower, albeit at around 54In the near term, and according to the 4-hour chart, XAU/USD is currently developing below its 20 SMA, which anyway remains above directionless longer ones. The corrective decline could continue, given that technical indicators head firmly lower, although considering the Momentum indicator remains above its 100 line.
Support levels: 2,676.30 2,662.50 2,650.40
Resistance levels: 2,693.70 2,704.35 2,722.60
Gold Market Analysis 12/13Gold has dropped to the support level of the current upward trend, and the selling pressure has largely been released. Today's trading strategy should focus on buying at lower levels, with resistance at 2692-2704. The target can be set within the 2688-2702 range. Additionally, pay attention to the support in the 2666-2652 zone. While the possibility of a break below 2652 seems low at the moment, it remains something to watch. The 2652 level is crucial, as it serves as the dividing line between bulls and bears. A genuine break below this level would signal a shift from a bullish to a bearish technical pattern, derived from the connection between the 2790 and 2720 highs.
Gold May Rise to 2800In the future gold trend, focus on the points marked on the chart. 2704-2688-2675-2667-2652 are important supports, and the rising resistance is 2725-2750-2769-2788-2803
2666-2652 is an important support for the rising trend. In the next fluctuation, as long as this area is held and not broken, the rising trend will continue until around 2800. After that, 2750-2725 will become the support of the new trend.
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: Last Idea Gave Us 940+ Pips, What about Next?Dear Traders,
Hope you are doing well, our last entry moved well and better than what we had expected, due to that reason mainly and how price have moved and its behaviour gave us indication of bullish continuous dominance that will take price upwards of 2790$ region one more time before it reverse. Remember our bias will change depending on how price moves so if you see a different bias do not be shocked or confused. Please refer to the time when the chart was published.
Good luck.
#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.
XAU/USD 11 December 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Bias/analysis remains the same as analysis dated 25 November 2024.
Price Action Analysis:
As mentioned in yesterday's analysis dated 24 November 2024, whereby price was expected to print a bearish CHoCH. This is how price printed.
Currently, price is trading within an established internal range.
Intraday Expectation:
Price is anticipated to trade down to either discount of internal 50% EQ, which is marked in blue, or H4 demand zone before targeting weak internal high priced at 2,721.420.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Price Action Analysis:
As mentioned in my analysis dated 25 November 2024, H4 TF is now trading in discount of internal 50%. This suggested that bearish momentum on M15 may face limitations, which it did.
Price printed as per alternative scenario, printing a bullish iBOS.
Price subsequently printed a bearish CHoCH indicating bearish pullback phase initiation.
Internal range is now established.
Intraday Expectation:
Price to trade down to either 50% internal EQ, or M15 demand level before targeting weak internal high.
Alternative Scenario:
Current internal range is fairly extensive, therefore, requiring a deeper pullback to internal 50% EQ and/or M15 demand level.
Price could potentially target weak internal high and print a bullish iBOS to narrow the depth of the internal range.
Note:
Given the Federal Reserve's dovish stance and persistent geopolitical tensions, volatility in Gold prices is likely to remain elevated. Traders should remain cautious and prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
XAUUSD Gold Trade Idea👀👉 XAUUSD Gold has rallied, evidenced by this break in market structure on the four-hour timeframe. I’m monitoring for a potential buying opportunity on a retracement, as outlined on the chart. Please remember, my analyses are purely educational and should not be considered financial advice. 📉✅
Targeting 2687 After Solid GainsToday, after buying near 2658, we reached our target of 2666-2673 and made a good profit. The market then pulled back, releasing some selling pressure before returning to around 2670. We still need to watch the resistance at 2673. Based on the current trend, it looks likely to break. Therefore, the next target could be higher, ideally 2687. If the selling pressure is too strong, once the price hits 2680, it's a good point to close the position.
XAU/USD 10 December 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Bias/analysis remains the same as analysis dated 25 November 2024.
Price Action Analysis:
As mentioned in yesterday's analysis dated 24 November 2024, whereby price was expected to print a bearish CHoCH. This is how price printed.
Currently, price is trading within an established internal range.
Intraday Expectation:
Price is anticipated to trade down to either discount of internal 50% EQ, which is marked in blue, or H4 demand zone before targeting weak internal high priced at 2,721.420.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Today's analysis and bias will remain the same as analysis dated 26 November 2024.
Price Action Analysis:
Intraday expectation and analysis dated 25 November 2024 printed as anticipated, with price successfully printing a bearish iBOS after targeting the weak internal low.
A correction from yesterday's intraday expectation: instead of targeting the weak internal high, price was expected to target the weak internal low.
Price has since printed a bullish CHoCH, indicating, but not confirming, bullish pullback phase. We are now trading within an established internal range.
Intraday Expectation:
Price is anticipated to trade up to either the internal 50% EQ or the M15 supply zone before targeting the weak internal low at 2,605.310.
Alternative Scenario:
The H4 timeframe has printed a bearish CHoCH, indicating the initiation of a bearish pullback phase coupled with the fact that H4 TF is now trading in discount of internal 50%. However, this suggests that bearish momentum on M15 may face limitations as the broader H4 phase unfolds.
Note:
Given the Federal Reserve's dovish stance and persistent geopolitical tensions, volatility in Gold prices is likely to remain elevated. Traders should remain cautious and prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
#XAUUSD 4HXAUUSD 4-Hour Analysis
The XAUUSD pair has formed a bearish engulfing candlestick pattern on the 4-hour chart, indicating strong selling pressure. This pattern suggests a potential downside move, especially if the price breaks below nearby support levels, confirming the bearish sentiment.
Technical OutloOK
Pattern: Sell Engulfing
Forecast: Bearish (Sell Opportunity)
Entry Strategy: Enter a sell position after confirmation of further bearish momentum, such as a break below immediate support.
Traders should watch for continued selling pressure supported by indicators like RSI or MACD showing bearish divergence. Proper risk management is crucial, with stop-loss orders placed above the high of the engulfing candlestick. Profit targets can be set at the next key support zones for optimal returns.
Gold Market Analysis 12/09During the U.S. trading session today, gold surged again but faced strong selling pressure in the 2673-2678 range, causing the price to drop. It is now at the first support level, and we expect a short-term bottom to form in the 2658-2648 range. This support zone presents a buying opportunity, with a rebound target near 2666-2673.
Prepare to go long gold nextBros, today is destined to be an extraordinary day. Our short position turned from profit to loss, and then successfully turned loss into profit again! Indeed, when gold broke through 2675, I changed from calmness at the beginning to nervousness, but I saw that gold failed to continue to break through several times, so I chose to add positions near 2675 to short gold again. Obviously, it turned out that my trading idea was correct. Gold then gradually fell back and has now reached around 2660. I just closed my short position manually near 2660. Although gold may continue to fall back to the shock range, the 2660-2655 area below has been transformed into a support area, so to avoid gold rebounding again with the support area, I no longer took risks and manually closed the order near 2660 to lock in profits in time.
Although there were some twists and turns in the trading process today, the results proved that I was right, so we were able to successfully turn losses into profits in the gold short trading! A very good trading experience, the most satisfying is turning losses into profits! If you follow my trading strategy, I believe you have also made a good profit, congratulations!
Then next, if gold cannot effectively fall below the 2660-2650 area during the decline, then I may look for a suitable opportunity to go long on gold!
Bros, have you followed me to short gold? So how do you trade gold next?If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!