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Best Harmonic Patterns For Beginners in Forex Gold Trading In the today's article, I will share with you 4 best harmonic patterns for beginners. We will discuss the structure of each pattern and the rules. Harmonic ABCD Pattern That pattern is based on 3 legs of a price movement: AB leg - impulse leg, BC leg - retracement with the range of XA leg, CD leg - impulse leg that has the same direction, the same time horizon and the same length as the XA leg AB and BC legs should be equal or almost equal, that makes the pattern harmonic. The completion point of the pattern - D point can be applied for predicting a pullback. ABCD pattern can be bullish and bearish. In a bullish ABCD pattern, AB leg is bearish. D point of the pattern will be a safe point to buy from. In a bearish ABCD pattern, AB leg is bullish. D point will be a safe place to sell from. The next 3 patterns will be based on 4 legs of a move: XA, AB, BC, CD and will have XABCD structure with the initial point of the pattern being X point. D point will be a completion point of the pattern from where a pullback will be anticipated. The type of the harmonic pattern will be identified with Fibonacci numbers. The exact placement of each point of the pattern will define the name of the pattern. Harmonic Gartley Pattern In Harmonic Gartley, B point of the pattern should strictly be between 618 and 786 retracement of the XA leg. C point should lie between 618 and 786 retracement of AB leg. D point will be 1.272 extension of AB leg. Bullish Gartley Pattern will be based on a bullish XA leg. Bearish Gartley will be based on a bearish XA leg. Harmonic Bat Pattern In Harmonic Bat, B point of the pattern should strictly be between 50 and 618 retracement of the XA leg. C point should lie between 618 and 1 retracement of AB leg. D point will be 886 retracement of XA leg. Bullish Bat Pattern will be based on a bullish XA leg. Bearish Bat will be based on a bearish XA leg. Harmonic Cypher Pattern In Harmonic Cypher, B point of the pattern should strictly be between 382 and 618 retracement of the XA leg. C point should lie between 1.272 and 1.414 extension of XA leg. D point will be 786 retracement of XC leg. Bullish Cypher will be based on a bullish XA leg. Bearish Cypher will be based on a bearish XA leg. These patterns are phenomenally accurate and they are very simple to recognize. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDEducation
by VasilyTrader
1
XAUUSDGold: The main trend remains up, but after testing the $4,380 level, the price was unable to break above this level and the price declined. We expect this to be a correction, with key support levels at 3,885 and 3,857. If the price can hold above 3,857, there is a high chance that the price will continue to rise. ** Very Risky Trade 🔥Trading futures, forex, CFDs and stocks carries a risk of loss. Please consider carefully whether such trading is suitable for you. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
OANDA:XAUUSDLong
by Serana2324
2
XAUUSDHello Traders! 👋 What are your thoughts on Gold? Gold experienced a sharp decline last week, but found support around the $4,000 zone, leading to a modest rebound. Since then, the price has entered a range-bound phase, oscillating between key support and resistance levels. Current Outlook: The next directional move depends on a breakout from this consolidation range: A break above the resistance zone could trigger a move toward the previous high. Conversely, a break below the support zone would likely signal a deeper bearish continuation and formation of new lows. For now, gold remains in a neutral range, and it’s best to wait for a confirmed breakout before taking new positions. Don’t forget to like and share your thoughts in the comments! ❤️
FOREXCOM:XAUUSD
by HAMED_AZ
54
BTC/USD Breaks Descending Channel – Targeting $116K After BullisAsset: Bitcoin (BTC/USD) Exchange: Bitstamp Timeframe: 30-minute Current Price: $108,168 Trend: Breakout from descending channel; potential bullish reversal forming. 🔍 Key Chart Features: Descending Channel (Yellow Trend Lines) Bitcoin was trading inside a well-defined downward-sloping channel. Multiple touchpoints confirm the validity of the pattern. The price has now broken out above the upper trendline, suggesting a shift in momentum. Buy Zone (Purple Rectangle, ~$105,600 – $106,300) Marked as “ZONE BUY.” This acted as a strong support zone where price bounced. Aligns with previous reaction lows. Breakout Confirmation The breakout from the channel, followed by a higher low within the buy zone, confirms bullish sentiment. Immediate rally of +1.85% (1,970 points) adds weight to the breakout. Target Projection: $116,052 Based on measured move (channel height or breakout projection). Represents a potential +9.5% upside from breakout region. Shown with a large blue arrow indicating bullish target zone. 🧠 Interpretation: Current Market Structure: A trend reversal is likely underway after prolonged selling pressure. Bullish Setup: Rejection from the buy zone with a sharp move up. Break of channel trendline + confirmation pullback = classic reversal pattern. Upside Target: $116,052, if momentum holds and support zones remain protected. Risk Management: Invalidation level: Below $105,600 (bottom of the buy zone). Consider trailing stop-loss as price rises. ✅ Summary Strategy: Entry Zone: ~$106,000 (within Buy Zone or breakout retest) Stop-Loss: Below $105,600 (buy zone base) Target: ~$116,052 Reward/Risk: Attractive (approx. 9.5% potential upside vs ~1.5% risk)
BITSTAMP:BTCUSDLong
by MR_NARCOS_ANALYSIS
Market Analysis: USD/CAD Declines As Dollar Sees Mixed FlowsMarket Analysis: USD/CAD Declines As Dollar Sees Mixed Flows USD/CAD declined and now consolidates below 1.4000. Important Takeaways for USD/CAD Analysis Today - USD/CAD started a fresh decline after it failed to surpass 1.4065. - There was a break below a key bullish trend line with support at 1.3995 on the hourly chart. USD/CAD Technical Analysis On the hourly chart of USD/CAD, the pair climbed toward 1.4065 before the bears appeared. The US Dollar formed a swing high near 1.4065 and recently declined below 1.4020 against the Canadian Dollar. There was a break below a key bullish trend line with support at 1.3995. Finally, there was also a close below the 50-hour simple moving average and 1.4000. The bulls are now active near 1.3970. The pair is now consolidating losses below the 23.6% Fib retracement level of the downward move from the 1.4039 swing high to the 1.3978 swing low. If there is a fresh increase, the pair could face resistance near 1.4000 and the 50-hour simple moving average. The first major pivot level is 1.4015 and the 61.8% Fib retracement. The next stop for the bulls on the USD/CAD chart could be 1.4040. If there is an upside break above 1.4040, the pair could rise toward 1.4070. A close above 1.4070 might start a steady increase toward 1.4150. If there is another decline, the pair might find bids near 1.3970. The first major support is near 1.3950. A close below the 1.3950 level might trigger a strong decline. In the stated case, USD/CAD might test 1.3880. Any more losses may possibly open the doors for a drop to 1.3840. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
Gold Forecast — Market Turning BullishGold (XAU/USD) maintains a strong long-term bullish trend, supported by rising investor demand and global macroeconomic stability. After completing a healthy correction phase, the market is showing renewed strength, indicating a potential continuation of the broader uptrend. Current price action reflects accumulation behavior among institutional traders, signaling confidence in gold’s long-term value growth. The consistent pattern of higher lows and steady momentum suggests that buyers are firmly in control, preparing for another upward expansion cycle. From a fundamental perspective, global inflation concerns, a weaker U.S. dollar, and geopolitical tensions continue to support gold prices. Investors are increasingly seeking protection in safe-haven assets, which further strengthens gold’s long-term position in the market. Technical structure and sentiment both align with a buy-side outlook, highlighting the potential for gold to extend gains as liquidity continues to build in the current price zones. In summary, gold remains in a strong buying phase, with market data, investor sentiment, and macroeconomic indicators all favoring sustained upward momentum. Keywords: Gold forecast, XAU/USD analysis, gold long-term trend, gold price outlook, bullish gold market, gold accumulation phase, forex gold trading, gold price prediction 2025.
TVC:GOLDLong
by XAU_EMPIRE
13
4 Best Forex Gold Trading Strategies For Beginners If you just started trading and looking for a winning strategy to trade, I prepared for you 4 simple and profitable forex trading strategies for beginners. 1. Harmonic Strategy With that strategy, you will trade harmonic patterns. Here is the list of the most powerful ones: Bullish/Bearish Gartley pattern, Bullish/Bearish Bat pattern, Bullish/Bearish Cypher pattern. To properly apply the Harmonic Strategy you should learn just 3 things: Fibonacci numbers, impulse legs and the rules of harmonic patterns. That strategy is very simple: it works on any time frame and your only task is to recognize the harmonic pattern and trade it strictly following the rules . 2. Trend Following Strategy That strategy is price action based. To properly apply that, you should learn trend analysis rules and how to identify price action legs. Once you spotted that the market is trading in a bullish/bearish trend, your task will be to wait for a completion of a correctional movement to buy/sell t he market expecting a trend continuation. That strategy works on any time frame, however, my recommendation is to trade 4H time frame or higher. 3. Structure Breakout Strategy That strategy is based on structure analysis. To properly apply Breakout Strategy , you should learn to identify key vertical and horizontal structures: supports and resistances. Your task will be to look for a confirmed structure violation with a candle close beyond that. Bullish breakout of a key resistance will be a signal for you to buy, expecting a bullish movement to the next resistance, while a bearish breakout of support will push the prices lower to the next structure support. That strategy works on any time frame, however, my recommendation is to trade 4H time frame or higher. 4. Trend Reversal Strategy That strategy is price action based. To use it properly, you should learn trend analysis and trend reversal rules. Your task will be to look for a confirmed trend reversal . It will lead to an initiate of a new trade and give you a perfect opportunity to catch an extended movement. What I like about these strategies, is that while you trade with them, you master structure and price action analysis. 2 essential components of any sophisticated professional strategy. Master one of these strategies and then modify that with experience, adding some extra layers of analysis. Let me know which strategy do you like the most? ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDEducation
by VasilyTrader
12
XAUUSD – Waiting for a Breakout to Confirm the Next Bullish WaveGold remains under pressure, trading slightly below 4,100 USD/oz despite ongoing geopolitical tensions and weak global sentiment. On the higher timeframe, the structure still respects its ascending channel, showing no signs of a deep breakdown yet. During the early Asian session, renewed buying interest has started to emerge, supported by a stable inflow of safe-haven demand. Technically, price is attempting to form a bullish continuation structure (Dow wave) around the 4,110 zone. If a breakout above this key level occurs, gold could accelerate toward 4,155, and potentially extend into a corrective bullish wave targeting 4,220–4,260, aligning with the Fibonacci retracement confluence and the CP/OBS sell zone on the chart. Technical Outlook (M30): Price action suggests a potential wave recovery structure forming after last week’s steep decline. The 4,155 level acts as a key inflection point — it will decide whether bulls regain control or bears push for another correction. Key Levels: CP Zone Up / Breakout Base: 4,053 – 4,055 Short-Term Key Level: 4,110 – 4,115 Mid-Level Resistance: 4,155 (structure pivot) Fibo Sell Zone / Wave End Target: 4,220 – 4,263 Trading Plan: 🔹 BUY Setup #1 Entry: 4,020 – 4,018 Stop Loss: 4,010 Take Profit: 4,030 → 4,035 → 4,040 → 4,050 → 4,060 → 4,100 Bias: Reaccumulation Phase (structure support) 🔹 BUY Setup #2 (Scalp Play) Entry: 4,053 – 4,051 Stop Loss: 4,043 Take Profit: 4,060 → 4,070 → 4,080 → 4,090 → 4,100 → 4,150 Note: Ideal for intraday traders watching the breakout base. 🔹 SELL Setup (Liquidity Reaction Zone) Entry: 4,263 – 4,265 Stop Loss: 4,273 Take Profit: 4,255 → 4,250 → 4,240 → 4,230 → 4,220 → 4,210 → 4,200 Summary: Gold continues to consolidate above 4,050, showing signs of early recovery after the recent 3,000-pip correction. The 4,155 level remains the key pivot for short-term direction — a breakout here could confirm a Wave 3–5 recovery structure, while rejection could bring one more pullback. Macro and geopolitical uncertainty still favour safe-haven flows, keeping the bullish scenario valid as long as 4,000–4,020 holds. 📊 What’s your take — will gold break above 4,155 to start a new bullish wave, or reject and extend the correction further? 👉 Follow MMFLOW TRADING for institutional-style updates and daily structure-based setups.
OANDA:XAUUSDLong
by MMFlowTrading
EURUSDHello Traders! 👋 What are your thoughts on EURUSD? EUR/USD has broken its ascending trendline and completed a pullback to the broken level. The pair is now trading below a key resistance zone, showing continued signs of bearish pressure. After some short-term consolidation in this area, the price is expected to continue its decline toward the highlighted support level. As long as the price remains below the resistance zone, the downside scenario remains valid. A confirmed daily close above resistance would invalidate this bearish setup. Don’t forget to like and share your thoughts in the comments! ❤️
Short
by HAMED_AZ
19
EUR/USD Forecast: How I Plan to Trade the Euro Next WeekOn the daily chart, we can see the formation of a new trading range as a result of interaction with the weekly key level. We can mark D FVG as a zone of interest from which I would like to work on continuing the trend in long. Entry into the position will be executed upon confirmation of the volume on the 4-hour chart. If you found this useful, please write about it in the comments. Feedback is very motivating to publish more useful material.
Long
by MomentumXAlgoritmA-B
XAUUSDHello Traders! 👋 What are your thoughts on GOLD? Gold has seen a sharp and powerful rally over the past few weeks and continues to trade in a bullish structure. From a fundamental perspective, there are still no major signs of weakness, as macro factors continue to support gold’s long-term uptrend. However, from a technical standpoint, a short-term correction appears increasingly likely. On the 4-hour chart, gold has recently broken its ascending trendline and is now trading below a key resistance zone. If price pulls back to retest the broken trendline and then breaks below the 4180 support level, we could see a deeper move toward the next support zone. Volatility in gold has been extremely high in recent days, with sharp intraday swings. It’s advisable to avoid aggressive entries at the moment and wait for clearer confirmation signals before taking new positions. Don’t forget to like and share your thoughts in the comments! ❤️
OANDA:XAUUSDShort
by HAMED_AZ
23
Gold Holding Gains Ahead of Key US CPI DataGold extends its bullish momentum in early Asian trading, hovering near $4,370, supported by rate-cut expectations from the Fed and ongoing US government shutdown concerns, which continue to pressure the USD. According to CME FedWatch, markets are now pricing in a 99% probability of another rate cut next week — a strong catalyst for gold bulls. Lower interest rates reduce the opportunity cost of holding non-yielding assets like gold, reinforcing the medium-term uptrend. However, all eyes are on the US September CPI report due later this week. A hotter-than-expected reading could temporarily lift the USD and trigger short-term volatility in gold prices. 🔍 MMFlow Technical Outlook Gold is currently consolidating around the $4,320–$4,370 range after reaching the ATH zone. Price action shows a clear liquidity sweep at the highs, followed by a minor retracement — still within the bullish structure. The main trendline remains intact, suggesting that any dip toward $4,305–$4,260 may attract new buyers. ⚙️ Trading Plan (MMFlow View) BUY SCALP Setup Entry: 4,302 – 4,300 (½ volume) Stop Loss: 4,292 Take Profit: 4,310 → 4,315 → 4,320 → 4,330 → 4,340 → 4,350+ BUY ZONE (Swing) Entry: 4,260 – 4,258 Stop Loss: 4,252 Take Profit: 4,265 → 4,270 → 4,280 → 4,290 → 4,300+ 📈 Buy setups remain favored as long as price holds above 4,260. Intraday sell reactions near 4,360–4,378 are short-term only — watch for liquidity grabs and bullish re-entry opportunities. ⚡️ Key MMFlow Zones CP Down Zone / OBS Sell Zone: 4,360 ATH Liquidity Sell Zone: 4,448 Retest Trendline / OBS Buy Zone: 4,305 End FVG Uptrend / OBS Buy Zone: 4,260 Sentiment: 🟢 Bullish Bias Bias Confirmation: CPI Data & Fed Rate Expectations Strategy: Buy-the-Dip → Target Liquidity Above 4,370–4,380 🔥 Stay patient — let liquidity drive the next leg. MMFlow tracks smart money zones, not emotions.
OANDA:XAUUSDLong
by MMFlowTrading
Bullish bounce off?NZD/JPY has bounced off the support level, which is a pullback support and could rise from this level to our take profit. Entry: 86.26 Why we like it: There is a pullback support level. Stop loss: 85.60 Why we like it: There is a swing low support level. Take profit: 87.45 Why we like it: There is an overlap resistance that lines up with the 138.2% Fibonacci extension. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by Vantage
EURUSD Bulls and BearsFor a moment I have softened my consecutive bullish position stance following an observation of recent performance of the pair. Today I maintain that the momentum is fading away unless there is an introduction of a new catalyst as the CPI. Trump already softened the 100% tariff on China which has resulted to a slow down in bullish momentum as opposed to last week. Where the pair is we are likely to experience a short term sell in form of an aim to reverse. But also close to 1.15800 to 1.1500 zone we are likely to experience some buyers with an aim to maintain the bullish trajectory and retest on the reversal. What I can do for this week given that the month is also coming to an end is focus on buying or selling those key points indicated on my chat towards CPI.
by WisdomArnold
Top-Down Analysis Strategy: How I Open and Manage TradesLearn how I use top-down analysis from senior to junior timeframes to find high-probability entry points and confidently follow through on trades. On the weekly chart, I identify point A and the presumed point B — this is my idea. Then, gradually shifting through the timeframes, I need to confirm this idea. I get confirmation when volume appears on the chart. On the daily chart, I note the formation of a new trading range, which arises as a result of the interaction of the price with the key level. I determine the POI in the form of a daily FVG — my idea is confirmed, and the price is ready to move towards point B. I also note the daily SNR as a potential zone of interest. If the price reacts to the SNR, it will mean that I am working in a strong trend. If the reaction occurs on the FVG, the movement simply continues along the trend. If you are interested in the topic of working in ranges, write in the comments — I will definitely cover it. As a result of the daily SNR test, the price confirms the presence of volume through the formation of a 4-hour True SNR. You can open a position from it with a limit order with a target beyond point B and fix the risk/profit ratio at 1:2. If you found this article interesting and my method useful, I would appreciate your support — please like, share, and help promote this article so that it reaches more traders.
Education
by MomentumXAlgoritmA-B
EURUSDHello Traders! 👋 What are your thoughts on EURUSD? EUR/USD is currently trading below a key resistance zone and has already pulled back to the broken ascending trendline. The price action suggests weakening bullish momentum, indicating a possible continuation to the downside. After some short-term consolidation in this zone, the pair is expected to resume its decline toward the highlighted support area. As long as the price remains below the resistance zone, the short-term outlook stays bearish. However, a daily close above the resistance would invalidate this bearish scenario. Don’t forget to like and share your thoughts in the comments! ❤️
Short
by HAMED_AZ
12