XAU/USD "GOLD" Robbery plan to steal the gold in long SideHola 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 Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish 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 Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low 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.
Xauusdupdates
XAUUSD 9/2/2024 price continues to decrease?
Looking at H1, we see a sharp decline on Friday last week to the 2494 area, signaling that this is wave 3 in the red 5-wave trend above.
- According to the 5-wave structure, the price is currently completing wave 4 and then the price will continue to move in a downward trend to complete wave 5. The target is measured for wave 4 at the price range of 3507 - 2510, this will be our SELL target price range.
- After reaching the target of wave 4, the price continues to move to complete the target of wave 5. Then we measure the target of wave 5 at the range of 2487 - 2484, this is our BUY target price range.
Trading Plan
SELL ZONE: 2507 - 2510
SL: 2517
TP1: 2499
TP2: 2493
TP3: 2487
BUY ZONE: 2487 -2484
SL: 2477
TP1: 2494
TP2: 2499
TP3: 2509
XAUUSD:Bullish resistance 2513-2527
This week features a significant amount of data with substantial impact, which is likely to lead to considerable market volatility. This presents both risks and opportunities—if managed well, doubling profits is achievable.
In Monday’s gold trading, start by taking long positions since the market is still consolidating within a flag pattern and has not broken below the support near 2488. Focus on the resistance levels at 2509-2515 and then around 2527. This resistance level is well-known and has been tested four times without an effective breakout, so it’s prudent to trade within this range for now.
Given the recent instability in the broader environment, there’s potential for gold bulls, but this assumes further deterioration in the situation. If the market remains indecisive, bulls may lack the strength to drive a significant rally. From a mid-term perspective, I personally believe that selling at higher levels may be more favorable.
XAU/USD 02-06 August 2024 Weekly AnalysisWeekly Analysis:
Swing Structure: Bullish.
Internal Structure: Bullish.
Price has continued to print all time highs with no indication of bearish pullback phase initiation.
The first indication of pullback will be for price to print a bearish CHoCH which is denoted with a blue dotted line.
I have previously mentioned that price could print further highs which would bring CHOCH positioning closer to current price and this is what price printed again in last week's weekly analysis, However, CHoCH positioning remains the same.
Weekly Chart:
Daily Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
On Tuesday 20 August 2024 price printed all time high.
Thursday 22 August 2024 price printed a bearish CHoCH which indicated bearish pullback phase initiation. Printing of bearish CHoCH has also confirmed internal range.
Thus far, price has been unable break weak internal high which is an indicator that price may seek further liquidity before attempting to target weak internal high again.
I would expect price to either react at discount of internal 50% EQ or Daily demand zone before targeting weak internal high.
Daily Chart:
H4 Analysis:
Intraday expectation, analysis and bias remains the same as analysis dated 23 August 2024.
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish iBOS.
After an iBOS (Internal Break of Structure) we expect a bearish pullback.
Price has printed bearish CHoCH which indicates, but not confirms bearish pullback phase initiation
Intraday expectation: Whilst price did continue bearish as part of bearish pullback phase, I am concerned that price has not, as yet, pulled back deep enough into either H4 demand zone or discount of 50% EQ, therefore, it is my view that price will seek further liquidity before a sustained bullish move to target weak internal high.
H4 Chart:
Continue to hold a bulls in the 2515-2516 areaBrothers, although gold once rebounded to around 2526, I explained six reasons in my private domain that gold cannot be shorted, and gold may challenge the previous high again or even set a new high. So I refused to short gold.
Gold once retreated to around 2515, brothers! Although I did not short gold, it is obvious that I seized the opportunity to go long on gold in the 2515-2516 area!
I cannot guarantee that gold will reach a new high, but I think gold will challenge the resistance in the 2525-2530 area at least once. Once it breaks through this resistance area, gold may continue to rise and touch the 2540-2550 area. So I still hold my long position now, let us look forward to the performance of gold together!
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: Today will be the last chance to set a new highYesterday we sold at 2525 and closed at 2515. Just now, the gold price rebounded to 2525 again. I notified in the channel that I had done such a transaction again, and now it has been closed with profit. I believe that friends who have followed my trading strategies have made huge profits. Congratulations to everyone.
The 2525-2530 area has not broken for 5 consecutive times, which will obviously have a negative impact on the strength of the bulls.
However, I observed that in the 1H chart, the recent lows of gold prices are constantly moving up, which shows that gold prices are moving upward. Although the highs have been stuck in the 2525-2530 area, the upward movement of the lows indicates that there is already an idea of breaking through the resistance range.
In addition, there are multiple data to be released today, among which the important data PCE price index will be the top priority of the market. Once several of these data are bullish, coupled with the current high global risk aversion, I think gold is likely to break through the resistance.
Therefore, based on the above information, I give the following trading strategy:
Buy bullish when the price falls back to the 2500-2510 area
Or wait for the PCE data to be released and make other plans based on the data performance
I prefer the former because I have a feeling that the gold price will hit a new high today
XAUUSD: Price will likely to continue rising up towards 2558$! Dear Traders,
Price is likely to continue rising up towards 2558$ as price has been consolidating since last few days. Sellers tried to take the price down but they failed to do it so and it reversed back from our previous buying entry point. We will having big news in coming days which will likely to shape the market and trend. Good luck.
XAU/USD 30 August 2024 Intraday AnalysisH4 Analysis:
Intraday expectation, analysis and bias remains the same as analysis dated 23 August 2024.
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish iBOS.
After an iBOS (Internal Break of Structure) we expect a bearish pullback.
Price has printed bearish CHoCH which indicates, but not confirms bearish pullback phase initiation
Intraday expectation: Whilst price did continue bearish as part of bearish pullback phase, I am concerned that price has not, as yet, pulled back deep enough into either H4 demand zone or discount of 50% EQ, therefore, it is my view that price will seek further liquidity before a sustained bullish move to target weak internal high.
H4 Chart:
M15 Analysis:
Intraday expectation, analysis and bias remains the same as analysis dated 27 August 2024.
-> Swing: Bullish.
-> Internal: Bearish.
As mentioned in previous analysis whereby we needed to be mindful that H4, following bullish iBOS, has yet to initiate bearish pullback, therefore, it would not be unexpected if strong internal low was to be targeted. This is exactly what price printed, printing a bearish iBOS.
Price has printed bullish CHoCH indicating bullish pullback phase initiation.
Intraday expectation: Price is in premium of internal 50% EQ with strong high remaining protected. Price to target weak internal low.
M15 Chart:
Gold- ready for up break and new ATH?Gold has experienced a very quiet week, with prices fluctuating between approximately 2500 and 2520.
While we haven't seen a decisive move in either direction, I believe the odds favor an upward breakout, potentially leading to new all-time highs.
I will maintain my bullish outlook as long as Gold remains above 2500.
XAUUSD: Today I waited until 2530 before tradingAs can be seen from the figure, my two trend prediction lines were drawn very accurately. It is a pity that we were in the 2500-2505 buying range, and the two buying orders were all profit-taking before the market closed. The best performance of these two rises was in the Asian session of the next day. During that period, I was still sleeping in Europe, which was quite regrettable.
But think about it the other way around. You should be content if you can make money, because you can't make money in all trends. It's always better to make money than to lose money, isn't it?
Yesterday before I took a break, I said that if the historical high cannot be refreshed today, then gold may start to fall. This high point has been attacked many times. After many unsuccessful attacks, the bullish force will weaken. Therefore, whether this attack can be refreshed is a key point. Please keep an eye on it.
How should I trade today? To be honest, I am not sure for the time being, because the current position is in the middle of support and resistance. If I continue to be bullish, it is too far away from the lower support. I feel that there is a risk. If I am bearish, it is still more than ten dollars away from the upper resistance, which is also risky.
Therefore, I think it is better to wait and see. Today, three US data will be released. When the data comes out, I think the direction of the market will be much clearer.
Trading strategy:
If it can break through the historical high today, I think it can chase the rise, with a target of 2550-2570
If it encounters resistance near 2530 today, you can consider selling at a high level, with a target of 2505-2500
Long on Gold (XAUUSD) – 1H TimeframeWe are entering a long position on Gold (XAUUSD) on the 1-hour timeframe after a significant retracement and consolidation near the lower support zone. The recent price action suggests a potential reversal, presenting an opportunity to capitalize on a bullish move. We aim to position ourselves for upward momentum as we prepare for market dynamics leading into September.
Key Levels:
• Entry Point: Initiated after the price found support near a key level, with confirmation of bullish momentum building.
• Target Zone: Aiming for an initial target near the previous resistance level, where profit-taking or consolidation might occur.
• Stop-Loss Placement: Set below the recent low to manage risk effectively and protect against unexpected downward movement.
Technical Analysis and Rationale:
The decision to go long is based on the recent price action, which shows a retracement to a key support level, followed by signs of a bullish reversal. The market appears poised to rebound, and our entry leverages the potential for a recovery rally. The Fibonacci retracement zones, moving averages, or trend lines are all aligning to support a potential upward move.
Fundamental Considerations:
As we approach September, economic data releases and geopolitical developments are likely to influence gold prices. With potential shifts in investor sentiment toward safe-haven assets, we are positioned to capture any upside movement that may unfold.
Risk Management:
By maintaining a strict stop-loss and monitoring the market conditions closely, we aim to manage risk while allowing for the possibility of significant upside. As always, adjust the position size according to your risk tolerance and trading plan.
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.
Breaking the main level for correctionBreaking the main level for correction
At the moment, the gold market is characterized by increased investor interest due to global economic uncertainty, inflation risks and geopolitical factors. Gold prices remain high as it is traditionally seen as a safe haven in volatile times. In addition, currency fluctuations and changes in central banks' monetary policies are also impacting the market. Investors are actively monitoring economic data to forecast further movement in gold prices.
XAUUSD:29/8 Today's Market Analysis and StrategyGold technical analysis
Daily resistance 2550, support below 2450
Four-hour resistance 2525/2550, support below 2494
Gold operation suggestions: Gold's downward momentum last night was very strong, but the energy of the early morning rebound was also relatively strong. At present, the low point of the medium-term trend of the gold hourly line has been in a continuous downward stage. The disk shows a trajectory of weak and oscillating decline, but it began to stabilize and rebound near 2493 yesterday. At present, the Asian session broke through the moving average pressure level and attacked 2521, and it is very close to the upper pressure level of 2526-2528! Need to wait patiently!
Judging from the current trend of gold, the upper pressure remains around 2525-50, and the lower support remains around 2490-2494. Before the lower level fails to break, there may still be a period of range oscillation in the short term, and gold rebounds. If there is no breakthrough near 2525-30, you can go short.
BUY:2494near SL:2490
BUY:2500near SL:2494
SELL:2528near SL:2533
⚠️The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
XAUUSD | GOLDSPOT | New perspective | follow-up detailGold prices surged on Friday as the US Dollar and Treasury bond yields tumbled, driven by dovish comments from Federal Reserve Chair Jerome Powell. With the Fed signalling a policy shift and acknowledging that inflation is nearing the 2% target, the focus has turned towards achieving maximum employment. This backdrop has sparked renewed interest in gold among Western investors, especially as expected interest rate cuts could reduce the opportunity cost of holding the precious metal.
In this video, we analyze the current market dynamics, showing why gold may not be overbought and why there’s potential for continued upward momentum. The CME FedWatch Tool indicates a 25 bps rate cut is fully priced in, with rising odds for a larger cut. We’ll dive into both the technical charts and fundamental factors that favor higher gold prices in the coming week.
XAUUSD Technical Overview:
This week, we're focusing on the $2,495 zone. This could be a make-or-break point. If gold stays above this zone: Bulls might maintain control, potentially pushing prices higher and setting up new highs. If gold drops below the zone then Bears might gain the upper hand in an attempt to retrace into the structure-support line of the ascending channel in the process. Join me as we explore these factors and potential opportunities in the gold market. Like, subscribe, and hit the notification bell for the latest analysis and insights!
📌 Follow my journey as I map out the next moves in this dynamic market!
#Gold #XAUUSD #Forex #FederalReserve #InterestRates #Inflation #TradingStrategy #MarketAnalysis #TechnicalAnalysis #Investing #ForexTrading #JacksonHole #Investment #TradingStrategy #FXTrading📺🔔💼
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
XAU/USD 29 August 2024 Intraday AnalysisH4 Analysis:
Intraday expectation, analysis and bias remains the same as analysis dated 23 August 2024.
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish iBOS.
After an iBOS (Internal Break of Structure) we expect a bearish pullback.
Price has printed bearish CHoCH which indicates, but not confirms bearish pullback phase initiation
Intraday expectation: Whilst price did continue bearish as part of bearish pullback phase, I am concerned that price has not, as yet, pulled back deep enough into either H4 demand zone or discount of 50% EQ, therefore, it is my view that price will seek further liquidity before a sustained bullish move to target weak internal high.
H4 Chart:
M15 Analysis:
Intraday expectation, analysis and bias remains the same as analysis dated 27 August 2024.
-> Swing: Bullish.
-> Internal: Bearish.
As mentioned in previous analysis whereby we needed to be mindful that H4, following bullish iBOS, has yet to initiate bearish pullback, therefore, it would not be unexpected if strong internal low was to be targeted. This is exactly what price printed, printing a bearish iBOS.
Price has printed bullish CHoCH indicating bullish pullback phase initiation.
Intraday expectation: Price is in premium of internal 50% EQ with strong high remaining protected. Price to target weak internal low.
M15 Chart:
XAUUSD 1H SELL PROJECTION Reason for Bearish
Trading XAUUSD pair is popular among gold traders who seek opportunities in the fluctuations of gold prices relative to the dollar. This trading pair is influenced by factors such as supply and demand, economic data, geopolitical events, and central bank policies.
XAUUSD 8/29/2024 Is the uptrend over?
Yesterday as predicted, wave C was completed with very strong selling pressure, we did not reach the target of the first BUY zone, but at the second BUY zone, we had a big win of 210 pips, congratulations to all of us.
Currently, the uptrend is still dominant. Looking at the current trend, we expect a 5-wave structure as shown on the chart. Besides, there is still the possibility of an ABC correction structure.
- We have the price zone 2510.7 as a confirmation point, if the price closes above 2510.7, then we are in a 5-wave uptrend. If the price closes below 2510.7, then this increase is just an ABC correction and then the price continues to decrease when the structure is completed.
- My current view is leaning towards a 5-wave bullish structure because I am expecting wave C to reach its target at 2493.7 and then a 5-wave structure will follow, then we have wave 5 target at 2536 - 2539, this is the first target and this is also the target area for us to SELL
- If the current structure is an ABC correction structure, then we have wave C target at 2487 - 2484, this will be our BUY target
- In addition, we have a large demand concentration area at 2509 - 2506, so this is also a target area for us to BUY SCALP
Trading plan
BUY SCALP ZONE: 2509 - 2506
SL: 2499
TP1: 2518
TP2: 2524
TP3: 2531 BUY ZONE: 2487 - 2484 SL: 2477 TP1: 2499 TP2: 2506 TP3: 2531 SELL ZONE: 2536 - 2539 SL: 2546 TP1: 2531 TP2: 2524 TP3: 2509
XAUUSD: Bullish move has not yet finished! More Growth to come! OANDA:XAUUSD
Our last idea is going well and we still expect price to continue growing until it reaches our final; take profit area. However, we think that price is likely to do a small correction in two hours timeframe, after that we can see a continuous bullish move which will likely to take the price to another record high .
goodluck and trade safe!
Missed the Gold Drop? Re-Entry Strategy After Key RejectionOverview: The provided XAU/USD charts show a market structure that's testing key liquidity zones (LQZ) and possibly forming reversal patterns. Your trading archetype, a mix of Bold Maverick and Analytical Rabbit, suggests that you likely lean towards taking calculated risks but need confirmation before executing trades. This archetype blend requires balancing decisive action with thorough analysis, especially when you miss an initial trade idea.
1. Multi-Time Frame Analysis:
4H Chart:
The price reached a significant resistance at the 4H LQZ around 2531.595, forming a double top structure within a descending channel. This zone is a potential area for strong reversals.
The recent rejection at this resistance indicates a potential shift in market sentiment from bullish to bearish.
1H Chart:
There's a descending channel visible, suggesting a bearish trend in play. Price is currently at a 1H LQZ around 2494.550, which has acted as support in the past.
The rejection at the upper boundary of the descending channel aligns with a confluence at the 4H resistance, enhancing the likelihood of a reversal.
The current price action is consolidating around this 1H LQZ, indicating potential for either a bounce or a further decline.
15M Chart:
Shows a recent sharp decline from the 4H LQZ, confirming the bearish momentum. The price is currently hovering around a minor support within the larger 1H LQZ.
The rejection from the 4H resistance, coupled with the bearish momentum on this lower timeframe, reinforces the potential for further downside.
2. The Rule of Three & Patterns Within Patterns:
The "Rule of Three" indicates that after three touches to a support/resistance level, a breakout is more likely. The charts show multiple touches on both the descending trendline and support level, suggesting an imminent breakout or breakdown.
The structure seen in these charts is a descending channel within a larger potential double top, a clear example of "patterns within patterns." This amplifies the probability of a significant reversal.
3. Entry Types and Missed Opportunity:
Since you missed the initial trade, you could look for:
Reduced Risk Entry:
Wait for a pullback to the LQZ after a confirmed breakout below the current 1H LQZ. You could then enter a short position, targeting a lower liquidity zone or the next support level.
This approach is less aggressive and aligns with your analytical nature.
Re-Entry Strategy:
If the price revisits the 4H LQZ and shows signs of rejection again (like a bearish engulfing pattern or strong wick rejections), this could offer a new entry point for shorts.
4. Psychological Coaching:
As a Bold Maverick, it's essential to stay disciplined and not chase the trade you missed. Instead, analyze the market's next move:
Mass Psychology:
Recognize that other traders might also be reacting to the missed opportunity, leading to a possible pullback (which you can capitalize on).
Stay focused on your strategy and avoid the temptation to overtrade or enter prematurely out of frustration.
Final Thoughts:
Given the charts' current state, patience is crucial. Wait for the market to present a clear re-entry opportunity that aligns with your mix of risk-taking and analysis. Watch for a strong, confirmed break below the 1H LQZ or a pullback to the 4H LQZ with a bearish confirmation before entering your next trade.
How I Nailed a Perfect Breakout Trade Using a Simple Strategy*The following Analysis is made by my Trading BOT*
Analysis of Your Trade:
Descending Channel:
Formation and Breakout: The descending channel is well-defined, indicating a corrective phase following an impulsive move. The breakout above the channel suggests a potential reversal or continuation of the prior trend, which appears bullish.
Entry Timing: You entered the trade after the breakout from the descending channel. This entry aligns with a strategy to buy at the break of a corrective pattern, capitalizing on the resumption of bullish momentum.
Resistance Zone (Blue Area):
Initial Resistance Encounter: The blue horizontal line represents a resistance zone where price consolidated and failed to break higher on the first attempt. This is a good spot to watch for confirmation of a breakout or reversal.
False Breakouts: There are some upper wicks visible in this resistance zone, indicating possible false breakouts or liquidity grabs. This suggests that many traders might have been stopped out before the true breakout occurred.
Price Action Post-Breakout:
Sharp Move Down: After the breakout, price made a sharp move down to retest the previous resistance (now turned support), which aligns with the principles of market structure where old resistance becomes new support.
Correction and Continuation: The downward move appears corrective in nature, forming a series of lower highs and lower lows within a descending channel, after which the price breaks out and moves upwards sharply.
Risk and Reward Considerations:
Stop Placement: If your stop loss was placed below the previous swing low or the bottom of the descending channel, this would be a strategic placement to avoid being stopped out by market noise.
Take Profit: Your target seems to be well-placed, considering the previous highs or a key Fibonacci level. The green area likely represents the take-profit zone.
Volume Analysis:
Confirmation with Volume: The volume spike during the breakout from the descending channel and the subsequent move up indicates strong buying interest, which is a good confirmation signal.
Key Takeaways for Future Trades:
Pattern Recognition: Identifying descending channels and their breakouts is a strong skill that can be leveraged in various time frames.
Risk Management: Your trade shows a good understanding of risk management, especially if stops were placed beyond significant levels to avoid market noise.
Confirmation Signals: Waiting for volume confirmation during breakouts is an excellent strategy to avoid false moves.
Suggestions:
Multiple Time Frame Analysis: Ensure that your lower-time-frame trades are aligned with the higher-time-frame trends or setups to increase the probability of success.
Post-Trade Analysis: Continue reviewing your trades like this to refine your entry and exit strategies, especially around key zones like support and resistance.