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Xauusdlongsetup

XAUUSD 15m – EW Long SetupHi fellow traders, On the 15m XAUUSD chart, I am applying Elliott Wave principles to outline a potential long setup. Price appears to have completed wave (iv) and is showing early signs of reversal from the golden box area, suggesting that wave (v) may now be underway. I am entering at the current price, with a Stop Loss at 3940.00, serving as the invalidation level. My Take Profit is set at 4078.87, targeting the projected completion of wave (v). If price moves below the invalidation level, this wave count is no longer valid. Good luck and trade safe!
ICMARKETS:XAUUSDLong
by OGwavetrader
4
Gold (XAUUSD) – 22 Sep | Key Demand Zones in FocusGold (XAUUSD) Analysis – 22 September As per our Friday analysis , market shifted the structure upside on M15 , which indicates that the H4 pullback phase may be over and the market could be resuming its major bullish trend. Today’s Asian session supported this bullish intent and, with a compact pullback, created a BoS , giving us a clear directional bias towards the upside. Currently, price is trading near the M15 recent HL key level (3687–3685) . There is a high probability that market may respect this level and continue its upside momentum. Key Zones to Watch: • 3687–3685 HL zone → First zone to watch for a potential long setup. • 3673–3666 breaker zone → Could act as a strong support if price retraces deeper. • 3651–3643.8 demand zone → The zone from where market took support on Friday and broke the LH key level. Plan: Wait for price reaction and LTF confirmation at these zones before executing any long trades. Mindset: Stay patient and let the market show its hand before committing. 📘 Shared by @ChartIsMirror
OANDA:XAUUSDLong
by ChartIsMirror
Buy Gold! The short-term bottom may have appeared!Gold continued to retreat yesterday and hit a recent low, reaching around 3287. Then gold gradually rebounded to above 3300. Relatively speaking, the rebound momentum was weak. It is expected that the long and short sides will fight fiercely around 3300. However, from the recent characteristics of gold operation, it can be seen that although the short position of gold is strong, it is difficult to continue in the short term, and I think the short-term decline of gold is basically in place, so at this stage, in terms of short-term trading, I do not advocate shorting gold directly; As gold did not continue to fall after reaching around 3287, on the contrary, it gradually rebounded to above 3300, which may strengthen the market's consensus on the short-term bottom, thereby attracting the favor of off-site funds; from the current gold structure, if gold can maintain above 3300-3295, it may be combined with the 3287 low to build a "W" double bottom structure, which is conducive to supporting the rebound of gold. However, as gold fell below 3300 again, the bearish trend is relatively strong, so we need to moderately lower our expectations for a gold rebound. In the short term, gold is under pressure in the 3315-3325 area, so we can temporarily look to this area for the rebound target. Therefore, in short-term trading, I do not advocate shorting gold directly, and you can first consider going long on gold in the 3300-3295 area, TP: 3310-3320-3330.
OANDA:XAUUSDLong
by Trading_Steffen
Gold Short Term OutlookIn yesterday’s analysis, we highlighted that the $3,327–$3,328 support zone needed to hold for bulls to maintain momentum. Price respected that level, bouncing off intraday support and is now attempting a recovery. Currently, the 50MA is acting as dynamic resistance, and we need to see a clean break above the $3,352–$3,356 resistance zone for bulls to challenge higher levels. However, if price fails to break above this resistance cluster, we may see a pullback toward the $3,327 support once again. A break below that would likely expose price to a deeper retracement toward $3,298. 📌 Key Resistance: ‣ $3,352 ‣ $3,356 ‣ $3,364 ‣ $3,383 📌 Key Support: ‣ $3,328 ‣ $3,298 ‣ $3,270 🧠 Fundamental Focus: With U.S. markets partially closed today, expect low liquidity and increased volatility.
OANDA:XAUUSDLong
by azgoldtrader
Gold (XAU/USD) Breakout & Retest Trade Setup - Bullish Move!Gold (XAU/USD) has successfully broken out of the consolidation zone after a strong rally. The price action recently tested the previous resistance level, which is now acting as new support. Trade Setup: Entry: Price has retested the breakout zone and is showing signs of bullish momentum. Support: The previous resistance area (now turned support) is holding well. Stop Loss: Placed just below the support at $3,034.562 to manage risk. Target: A potential upside move towards the $3,055 zone, which aligns with the next key resistance level. This setup follows a breakout-retest continuation pattern, a classic technical strategy where price revisits a breakout level before resuming the trend. If bullish momentum continues, we can expect a move towards the projected target. 📌 Key Levels to Watch: Support: $3,034.562 Resistance/Target: $3,055 Current Price: $3,039.925 💡 Risk-to-Reward Ratio: Favorable, as the stop loss is placed strategically below support. ⚠️ Disclaimer : This is not financial advice. Always manage your risk and use proper risk management techniques. What are your thoughts on this setup? Will Gold push higher or face rejection? Let me know in the comments! 🚀💬
OANDA:XAUUSDLong
by ForexOptimizer
XAUUSD to fly to 1847.34 🚀🤑Gold has been very bullish since we reached our demand 4hr zone 1780 a week ago. Now this XAUUSD is in a bullish trend, we've seen price break the structure of lower highs and trapping buyers early, on that pullback to retest support level 1825, which is also the level where the break of structure previously happened a few weeks back 1825. Proof of this, is my 16.8 fib extension golden zone, which is sitting exactly on that support zone 1825, our BOS level too. Waiting for price to drop a bit more, then will enter for buy to our 4hr supply level. Happy pip-holic!
FOREXCOM:XAUUSDLong
by AFTXAcademy
2