Gold Trading : A Must-See OpportunityToday’s trading went very smoothly. I sold at 2746, took profit at 2738, then bought back at 2738 and closed in the 2742-2745 range—perfectly timed.
Some friends receive only one signal a day, while others get two, and some can access every trading signal I send. It all depends on your individual choices and preferences.
Currently, gold has broken above MA5 and returned to 2746, with MA60 as a reference for support and resistance temporarily at 2750. Today’s decline started from this level, and any upward movement will need to be assessed through trend lines, targeting around 2760.
If it truly rises to this level, I believe there’s a high chance it will drop back to around 2750.
Xauusdidea
XAU/USD 23 October 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Driven by the Fed's dovish stance and escalating geopolitical tensions, gold, as a safe-haven asset, has continued its upward surge.
As a result of this strong bullish momentum, CHoCH positioning has been brought significantly closer to current price action, reducing the need for a deep pullback to indicate the initiation of a bearish pullback phase.
Intraday Expectation: Price is not currently showing any signs of a pullback, so I will remain on standby.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Yesterday's intraday expectation was not met, as price failed to target the weak internal low and instead printed a bullish iBOS.
As previously mentioned, price remains extremely volatile due to ongoing geopolitical tensions and the Fed's softer stance.
After a bullish iBOS, we expect a pullback. The first indication, but not confirmation, of a bearish pullback phase initiation would be a bearish CHoCH, denoted by a blue dotted line.
Price is currently trading between an internal low and a fractal high.
Intraday Expectation: Price is expected to print a bearish CHoCH, indicating the initiation of a bearish pullback phase.
M15 Chart:
XAUUSD Update and How To Day Trade GOLD👀👉 This is an update to my previous video. In that session, I discussed the importance of identifying a retracement and waiting for a bullish structure break to enter long positions. In this video, we will analyze gold on a lower timeframe, specifically focusing on strategies for engaging with the trend on a 15-minute chart. Disclaimer: This video is intended for educational purposes only and should not be considered financial advice. 📊✅
Gold will rise again to 2740The buy signal released before yesterday's close perfectly hit the take-profit target at today’s opening, bringing in substantial profits. Currently, gold is hovering near MA5, with MA60 and MA30 acting as support. I believe we can continue to buy, setting a take-profit target in the 2737-2743 range.
An Analysis of Short Position StrategiesCongratulations to the investors who followed my trading strategy yesterday, successfully going long at low levels and securing two profitable waves, yielding substantial returns. Today, we must continue to seize market opportunities.
Fundamental Analysis:
U.S. Secretary of State Antony Blinken made another visit to the Middle East on Monday, advocating for a ceasefire and seeking to restart negotiations to end the conflict in Gaza and mitigate the escalation in Lebanon. This news has slightly dampened the demand for gold as a safe-haven asset, reducing market interest in buying.
Technical Analysis:
The current hourly chart shows signs of a double top formation, with gold facing strong resistance at the 2740 level. If this resistance is not breached during today’s European and U.S. trading sessions, gold prices are expected to test this level repeatedly.
In summary, the fundamental factors have weakened the upward support for gold, while the technical double top resistance reinforces this outlook. Therefore, today's trading strategy for gold should primarily focus on short positions at high levels. Should you require detailed guidance on short entry points, please feel free to contact me for professional advice and support!
XAU/USD 22 Ocotober 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remain unchanged from yesterday's analysis dated 20 October 2024.
Price has printed both a bullish iBOS and a subsequent BOS.
Driven by the Fed's dovish stance and escalating geopolitical tensions, gold, as a safe-haven asset, has continued its upward surge.
The swing low has been brought significantly closer. A break of this swing low would confirm the initiation of a pullback phase across all higher timeframes (HTFs).
Following the BOS and iBOS, we expect a pullback. The first indication, but not confirmation, would be price printing a bearish CHoCH, denoted by a blue dotted line.
At this stage, there are no signs of a pullback, so price could continue higher to bring CHoCH positioning closer to current price action.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Yesterday's intraday expectation was met, with price targeting weak internal high.
However, internal structure bullish momentum was not sustained, as price printed an iBOS. This was expected, given that all higher timeframes (HTFs) are in need of a pullback.
Price has reacted from M15 supply level.
Intraday Expectation: Price is expected to target weak internal low.
M15 Chart:
Gold Trading Success: Future Strategies (BUY)Today has been a perfect day as we successfully hit our target of 2720, securing impressive profits. Currently, gold is showing a U-shaped bottom trend, with key resistance at MA5 and MA60, leaving about $5 of room before reaching MA60.
I believe this space can be utilized. If it fails to break through, we will choose to close positions here; however, if it does break, I expect prices to rise towards the 2728-2734 range.
In case of a reverse drop, I suggest adding orders in the 2713-2707 range, with a take-profit target set at 2718.
Gold with two probabilities for 10/22/2024Gold with a high probability to make the decision for 10/22/2024 ✅️ :
🔸️If the price exceeds the green bar 🟩, with the bar closing in the hour above: there will be a high chance of entering a purchase as indicated in the chart, respecting the day, news and the stop loss.
🔸️If the price exceeds the red bar 🟥, with the bar closing in the hour below: there will be a high chance of entering a sale as indicated in the chart, respecting the day, news, and the stop loss.
Gold Will First Fall To 2720The New York trading session has begun, bringing more market opportunities! I’m sure there are others out there still holding onto the 2723 sell order like I am. For now, I'm not planning to touch it—I’m waiting for profits. The price is still above the MA5, so I just need to wait for it to break, followed by the MA30. By Tuesday or Wednesday, the price should drop to at least 2720, and that’s when this order will become profitable!
In the meantime, I’ll continue trading other signals. While there are plenty of opportunities in the market every day, I can't guarantee I'll catch every single fluctuation.
As long as it's a signal I send out, I will track it thoroughly until the order is completed perfectly! Trust me—every trade you make will receive expert guidance and support. Together, we’ll lock in profits and achieve wealth growth!
XAUUSD is about to reach 2800, trading strategyIn the first trading day of the week, the Asian session for XAUUSD continued its upward momentum, with prices approaching $2733, setting a new historical high. However, by the end of the Asian session, gold prices retreated from these elevated levels.
Fundamental Analysis: Despite the dollar remaining close to its highest level since early August, uncertainty surrounding the U.S. presidential election and expectations of Israeli retaliation against Iran have fueled demand for safe-haven assets. The recent surge in gold prices has occurred amid a strengthening dollar and rising U.S. interest rates, with escalating tensions in the Middle East. The upcoming BRICS summit highlights the continued demand for gold among central banks, indicating a bullish trend from a fundamental perspective.
Technical Analysis: Currently, there are no significant resistance levels for gold's upward trend, especially after breaching new highs and surpassing previous resistance levels. Market sentiment remains increasingly bullish. From the 4-hour chart of gold, the 50-period Exponential Moving Average (EMA) continues to provide support. However, historical trends suggest that the current upward movement may trigger some profit-taking, potentially forcing gold prices into a short-term correction before resuming the upward trajectory.
Therefore, it is recommended for day traders to consider going long on XAUUSD during any pullbacks. For detailed entry points for long positions, please feel free to contact me, and I will provide you with professional analysis and guidance.
Sell Gold in 2740-2750 areaGold has risen to around 2740 driven by geopolitical risks. Obviously, gold is currently in a clear bullish trend, but the more it gets to this point, the more dangerous it is. Gold is now completely out of the normal range of rise. We can see that gold does not give a big chance of callback at all now, just to make more people chase long gold at a high level. But chasing long gold in this way can easily get trapped at the top.
As for the top area of this round of gold's rise, I expect it to be in the 2740-2750 area. So after gold touches this area, gold may fall back at any time. So in short-term trading, we can start shorting gold in batches in the 2740-2750 area.
So, bros, while you are immersed in the enthusiasm of going long on gold, I am now shorting gold in batches! Let's look forward to the next results!
Gold Trading Strategy: Today's Gains and Future OutlookBefore Friday’s close, I chose to buy gold at 2719. Today, the opening price rose, and I closed positions at 2723 and 2725, selling within the 2723-2732 range.
Currently, the order at 2732 has closed at 2725. The price has dropped to MA30, showing support, though not strong. I believe it will find better support at MA60 (2715). Before that, if a rebound occurs, I consider MA5 (2728) as a reference for resistance.
Today has been another profitable day. I'm looking forward to the New York session, where market volatility will increase, and we’ll continue trading then!
XAUUSD: + 1000 PIPS Buying Opportunity; One not to miss! Dear Traders,
As we predicted price to fell to 2630 region and reverse from there in our last trade setups, price did exactly that. Currently price is gathering enough liquidity and volume before it continues going up. The notable thing that I would like to point out here is we have big news coming up this week. So keep that in mind.
#XAUUSD: Daily ViewPoint Will War Conflict Affect The Gold PriceDear Traders,
Gold has been in range at the moment the HH of day week it created when it reached 2670 and then dropped to 2645 level. Currently ranging between these two levels. What we are thinking here is that there is possibility that price continue the range until the friday when we have nfp. That will be crucial for the price to decide its future trend.
XAUUSD: $2740 Big Move In Making! Swing BuyDear Traders,
The price reached the 2603 region, where it was necessary to fill the Fair Value Gap (FVG). Since then, the price action has exhibited a remarkably bullish trend. Both technical and fundamental indicators suggest the potential for a bullish price movement toward 2700. As the price advances, we can establish strategic take-profit levels.
A potential new buying opportunity may arise in the 2640 region, where we observe a price reversal from the order block.
We extend our best wishes for a successful trading week.
XAUUSD GOLD Update PLUS Technical Analysis and New Trade Idea👀👉 XAUUSD has been in a sustained bullish trend, with price action extending into new all-time highs. Given the overextended nature of the move, my suggestion is to lock in profits on existing positions. I would then wait for a potential retracement into the imbalance highlighted in the video for a possible re-entry, should market conditions align as outlined. Disclaimer: This content is for educational purposes only and should not be considered financial advice. 📊✅
XAU/USD 21 October 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remain unchanged from yesterday's analysis dated 20 October 2024.
Price has printed both a bullish iBOS and a subsequent BOS.
Driven by the Fed's dovish stance and escalating geopolitical tensions, gold, as a safe-haven asset, has continued its upward surge.
The swing low has been brought significantly closer. A break of this swing low would confirm the initiation of a pullback phase across all higher timeframes (HTFs).
Following the BOS and iBOS, we expect a pullback. The first indication, but not confirmation, would be price printing a bearish CHoCH, denoted by a blue dotted line.
At this stage, there are no signs of a pullback, so price could continue higher to bring CHoCH positioning closer to current price action.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has continued to surge, driven by a softer stance from the Fed and increasing geopolitical tensions.
Since the last analysis, price has printed a BOS followed by a series of bullish iBOS’.
The internal range of iBOS has narrowed, with price now targeting the weak internal high after reacting from the M15 demand zone.
Intraday Expectation: Price is expected to target the weak internal high.
M15 Chart:
XAUUSD 21/10/2024 Is the rally over?
Looking at H1 we see that wave 3 is still continuing.
- The target of wave 3 we measure at the price zone 2736 - 2739 or the price zone 2800
- First we look at the price zone 2736 - 2739, this is the minimum target price zone of wave 3 ending at this zone, so when the price approaches, there is a high possibility that the price will react at this zone, so we will set a SELL target at this zone
- Next, there is an area determined by the confluence of Fibonacci, which is the 2768 zone, this is also the resistance zone that the price must overcome
- With the structure that is completing wave 3 like this, our priority target is BUY at the end of wave 4 to follow the uptrend of wave 5
- With the assumption that the target of wave 3 ends at the price zone 2736 - 2739, the target zone to end the adjusted wave 4 is the price zone 2706 - 2703 or the price zone 2693 - 2690
Trading Plan
SELL ZONE: 2736 - 2739
SL: 2746
TP1: 2717
TP2: 2706
BUY ZONE: 2706 - 2703
SL: 2700
TP1: 2718
TP2: 2725
TP3: 2738
BUY ZONE: 2693 - 2690
SL: 2683
TP1: 2706
TP2: 2718
TP3: 2738
Gold: Sell in the 2719-2724 rangeToday, we successfully seized an opportunity in the gold market, capturing a downward movement from 2712 - 2703.
Currently, gold prices have rebounded to 2718, where we observe some consolidation. At this point, the MA5 presents resistance, indicating that it may be an opportune moment to initiate another sell position.
Our target for this trade is near the MA30 around
sell@2719-2724
tp 2714-2711
XAU/USD 21-25 October 2024 Weekly AnalysisWeekly analysis:
Swing Structure: Bullish.
Internal Structure: Bullish.
Price has continued to print all-time highs and surge, with no signs of bearish pullback phase initiation.
The first indication of a pullback would be price printing a bearish Change of Character (CHoCH), marked by a blue dotted line.
Price has continued to rise, bringing CHoCH positioning significantly closer to analysis dated 22 September 2024.
Weekly Chart:
Daily Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish Internal Break of Structure (iBOS) and continued its upward surge, driven by soft U.S. macroeconomic data and increasing geopolitical tensions.
Following the bullish iBOS, a bearish pullback is anticipated, though there are no current signs of it materialising.
The first indication, but not a confirmation, of a pullback would be price printing a bearish Change of Character (CHoCH). Since last week's analysis, CHoCH positioning has been brought significantly closer to current price action.
The bearish CHoCH level is denoted by a blue dotted line.
Daily Chart:
H4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Since the last analysis, due to illness, price has printed both a bullish iBOS and a subsequent BOS.
Driven by the Fed's dovish stance and escalating geopolitical tensions, gold, as a safe-haven asset, has continued its upward surge.
The swing low has been brought significantly closer. A break of this swing low would confirm the initiation of a pullback phase across all higher timeframes (HTFs).
Following the BOS and iBOS, we expect a pullback. The first indication, but not confirmation, would be price printing a bearish CHoCH, denoted by a blue dotted line.
At this stage, there are no signs of a pullback, so price could continue higher to bring CHoCH positioning closer to current price action.
H4 Chart:
XAUUSD: Key support 2712-2707Gold faced significant resistance around 2720, with bullish momentum weakening, which may indicate that the current upward phase is nearing its end. If holding positions over the weekend, I believe short positions are the more prudent choice.
Selling can be executed in the 2719-2726 range, with support expected in the 2712-2707 range.
If the market shows strong support during the pullback, it could be an opportunity to re-enter with long positions.