XAU/USD 02 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:
Xauusdidea
Drop it Like it's HotRight now price is in a much larger descending channel - indicating we are in an overall down trend. We can see from looking left there is what most retail traders would call a demand zone in anticipation for the market to push higher.
HOWEVER, keeping in mind the higher TF (Daily) and the fact that "the trend is our friend" we can see that price is in fact in this downward descending channel. I will only be looking for SHORT positions this week, especially towards the end of this week with the LAST NFP of 2024. Man, time flew by!
So far price is pushing pretty aggressively towards the downside and I will look for further confirmations (on the lower TF - 15m & 5m) for my exact entries. Thanks for checking out my idea and Happy trading!!
XAUUSD: 1800+' Buying Opportunity One Not To Miss! Dear traders,
XAUUSD currently making AB=CD pattern where A to B pattern has already been created, we are currently in a verge of creating C to D move. The fundamental also support our view, the price of the gold drop in a wake of elections announcement. US presidential result led the decline in the gold prices as DXY prices rose up significantly. However, as the market settles we are seeing price going back to its previous trend. Please be extra cautious while trading gold.
Good luck!
Long gold after a pullbackBros, because the geopolitical situation is tense again, the market risk aversion is high, and gold has broken through the recent short-term resistance and reached near 2667. Since gold has made a breakthrough and chosen a direction, we must follow the trend and go long on gold, and we cannot blindly short gold.
The market risk aversion stimulates buying, so after gold breaks upward, the gold retracement space may not be too large, so we maintain the continuity of the trend in trading. If gold falls back to the continued rising position area, then we can start to try to go long on gold, that is, the current continued rising support area is 2655-2645 area.
Then in this range, we can start to try to go long on gold.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!
XAU/USD 29 November 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 Top-down analysis TodayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Shorting gold is my best Thanksgiving gift to youBros, although gold has risen sharply to around 2646 in the short term, from the overall structure, the rebound strength of gold is still lacking, and it has never been able to break through the key level, resulting in limited room for gold to rise; and gold still faces the resistance area of 2650-2655 in the short term.
So don't be scared by the sharp fluctuations in the short term. The rebound is an opportunity to short gold; in addition, once gold forms a falling relay platform, gold is likely to continue to fall and try to reach 2600, or even 2580.
Bros, this is my Thanksgiving gift to you! Be brave to short gold! Bros, have you shorted gold like me? 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!
XAUUSD Buy Gold price (XAU/USD) drifts lower during the Asian session on Thursday, albeit finds some support near the $2,620 area and has now trimmed a part of its intraday losses. Wednesday's US macro data dump pointed to a still resilient US economy and stalled progress on inflation, suggesting that the Federal Reserve (Fed) might be cautious about further rate cuts. This, in turn, triggers a fresh leg up in the US Treasury bond yields, which helps revive the US Dollar (USD) demand and undermines the non-yielding yellow metal.
Meanwhile, the current market pricing indicates around 70% probability that the US central bank will lower borrowing costs at the December policy meeting. Moreover, expectations that Scott Bessent – US President-elect Donald Trump's US Treasury Secretary nominee – will restrain budget deficits might cap the upside for the US bond yields. This, along with concerns about Trump's threatened tariffs and geopolitical risks stemming from the worsening Russia-Ukraine conflict, offers some support to the safe-haven Gold price.
XAU/USD "Gold Vs US Dollar" Market Heist Plan on Bullish SideOla! Ola! My Dear Robbers / Money Makers & Losers, 🤑💰
This is our master plan to Heist XAU/USD "Gold Vs US Dollar" Commodity Market 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 Near the 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 💰.
Entry 👇 📉: Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe, Recent / Nearest High Point entry should be in pullback.
Stop Loss 🛑: Recent Swing High using 4H timeframe
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Thanksgiving: Trading Strategy for TodayMarket Review and Outlook:
In the early hours of Thursday’s Asian session, spot gold saw a 0.5% decline, hitting a two-day low of 2620.83. The dip was primarily driven by a rebound in the U.S. dollar and selling pressure after the failed rally in gold prices. Given that today coincides with the U.S. Thanksgiving holiday, the economic data calendar is light, and we expect gold to trade in a narrow range with subdued volatility. Traders who followed our shorting strategy near 2650 yesterday have already locked in profits.
With lower market liquidity due to the holiday, price action is expected to remain muted. Gold is likely to oscillate between 2620 support and 2640 resistance.
Today's Trading Strategy:
Sell Zone: Short positions near 2640 and above.
Buy Zone: Long positions near 2620 or lower.
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Please ensure proper risk management and avoid overleveraging your trades.
XAUUSD OUTLOOK H4 XAU/USD (Gold) with key features highlighted. Here's a breakdown of the analysis:
1. Order Block and FVG:
The upper blue zone represents an Order Block, an area of institutional interest where selling pressure may emerge.
The Fair Value Gap (FVG) is also marked, indicating a potential imbalance that the price might fill before continuing its movement.
2. Supply Zone:
The mid-level blue zone indicates a Supply Zone, where selling pressure is likely to push the price downward if tested.
3. CHoCH (Change of Character):
The dotted line labeled CHoCH signifies a structural shift from bullish to bearish momentum, marking the beginning of a downtrend.
4. Break of Structure (BOS):
BOS levels are identified, confirming bearish continuation with successive lower lows.
5. Future Projections:
If the price breaks through the resistance in the Supply Zone, it could potentially test the higher Order Block before a reversal.
Alternatively, failure to break resistance may result in a continuation of the bearish trend.
Trading Strategy Amid Geopolitical and Economic DataMarket Review and Outlook:
During the Asian session on Wednesday, gold attracted some follow-up buying, successfully holding support around the 2630 level and moving up to face significant resistance near the 2650 mark. The ongoing geopolitical risks related to the Russia-Ukraine conflict, coupled with concerns over President-elect Trump's tariff plans, have continued to drive safe-haven flows into precious metals for the second consecutive day.
However, the upward momentum seems to be lacking strength, and with today's key economic data releases—including the initial jobless claims and the U.S. October core PCE price index year-over-year—the market may see more defined direction. Thus, we will adopt a two-way strategy for trading gold today.
Today's Trading Strategy:
Sell Zone: Short positions can be considered between the 2645-2650 range.
Buy Zone: If the price falls back to 2630, look for opportunities to go long.
Market Watch: Given the economic data releases, anticipate increased volatility and stay prepared for quick adjustments.
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Always adhere to proper risk management practices and avoid overleveraging your trades.
XAU/USD "Gold Vs US Dollar" Market Heist Plan on Bullish SideHello!! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist XAU/USD "Gold Vs US Dollar" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long & Short entries When it breaks the consolidation zone and retest. Our target is Red Zone for Long Traders and Green Zone for Short traders that is High risk Dangerous level, Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to take entry should be in pullback.
Stop Loss 🛑 : Recent Swing using 2H timeframe.
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.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Key Resistance at 2630 Ahead of FOMC MinutesMarket Review and Outlook:
As anticipated in my previous post, gold has been trading within a range, primarily between the 2600 and 2630 levels. Although there was a brief breakout above 2630, the price ultimately formed a long upper wick on the daily candle, indicating strong resistance at this level. This reinforces the idea that 2630 remains a crucial resistance zone for the short term.
With the release of the Federal Reserve’s November meeting minutes in about an hour, we can expect the potential for gold to find a new directional bias. From my perspective, the expectations for further rate cuts have diminished significantly, and the overall outlook for the U.S. economy remains relatively stable. With a new president in office, it is unlikely that the U.S. economy will face significant challenges in the near term. Therefore, there is a high probability that the minutes could turn out to be bearish for gold.
Trading Strategy:
Given the current market conditions and the upcoming event, my recommendation is to continue focusing on shorting gold:
Short Position: If gold rises above 2630 again, consider shorting.
Resistance Target: Watch for further downside if 2630 holds as resistance.
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Always ensure strict risk management and avoid excessive leverage when trading.
Gold Rebound as Expected: Target Achieved, Future OutlookGold has rebounded as expected to 2640, and your patience has paid off with excellent profits. Based on the current price movement, if the 2625 support holds strong, approaching 2650 or even breaking above it shouldn't pose much difficulty. Stay attentive and manage your trades accordingly!
Recovery Strategy for Long/Short PositionsAre You Stuck in a Long Position and Thinking of Cutting Losses? Or Has Your Account Been Blown and You Want to Recover?
From my personal perspective:
If you're stuck in a long position and considering cutting losses: I suggest you hold on for a bit longer. Gold is currently in a short-term bottoming process. If you close your position now and prices go up, you will likely regret it. Trading with regret can lead to emotional decisions, and you might make the same mistake again. Patience could bring unexpected gains.
If your account has taken a hit and you're looking to recover: I suggest preparing more funds to continue buying. A rebound is inevitable, and 2640 is almost guaranteed to be reached. My target is around 2650, though it may change depending on market developments. But 2640 is a solid expectation.
If you entered short positions during the recent decline and got caught: You can open a long position to recover while waiting for a rebound. Once the price reaches 2640, you can close the long position and decide whether to add shorts again based on market conditions.
This is my advice, and I hope it helps you make a better decision moving forward.