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Gold / British PoundGold / British PoundGold / British Pound

Gold / British Pound

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XAUGBP - B wave idea - longPlease see chart for idea Pattern recognition. ABC I believe we are in A wave down to possibly complete somewhere near £2800 (dont try to be perfect) B wave to retrace up to 99% 0f A realistic targets are 62% £3500 once the down trend turns (look for small chart patterns at the fib levels to enter long) I have added a 4 hour chart with similar pattern to show you what I m thinking and marked it up so you know where I think we currently are. not duration specific the moves could take shorter or longer than the waves show All the best Dave
ICMARKETS:XAUGBPLong
by davidtaylortrading
## Gold/GBP (XAU/GBP) — 30M | Bias: Bullish | June 9## Gold/GBP (XAU/GBP) — 30M | Bias: Bullish | June 9 Gold priced in Sterling has had a sharp correction — dropping from the **£3,340** highs all the way to **£3,200** before finding its footing. That's a significant move driven by both gold's pullback and sterling strength. But the model is now pointing back up. The **MSS has confirmed** on the 30M. A **C2 pattern** printed at the lows on June 7 — a classic Bill Williams reversal signal. Price has since recovered to **£3,243** and is compressing right at the model's decision boundary. The 30M-1D model bias has flipped to **Bullish** and the green zone projects recovery toward **£3,286**. The Silver Expansive T-Spot marked on the chart identified the reversal zone precisely — price swept into it, printed the C2, and bounced. That's the model working in real time. **Setup:** - **Entry zone:** £3,241–£3,245 (MSS level / current compression) - **Target 1:** £3,260–£3,270 - **Target 2:** £3,280–£3,286 - **Target 3:** £3,286.124 (model target) - **Invalidation:** Close below **£3,222.366** The pink zone below (**£3,222–£3,241**) is the risk area. Any dip into that zone that holds is an even better long entry. A close below **£3,222** invalidates the setup entirely. Gold in USD is showing the same bullish signal right now. Both models aligned. Both pointing the same direction. **Bias: Bullish — 30M-1D Model confirmed.** #Gold #XAUGBP #GoldGBP #ICT #InnerCircleTrader #BillWilliams #Alligator #MSS #PriceAction #TradingView #Forex #Commodities #MacroTrading #SwingTrading #Sterling #origami_capital33 > *Not financial advice. Always trade your own plan and manage your risk.*
OANDA:XAUGBPLong
by origami_capital33
2
Gold (XAUUSD) – 4H | Trend Continuation SetupGold remains in a clear 4H downtrend, and recent price action suggests a continuation move lower is likely. After a strong impulsive drop, price printed a corrective move to the upside. This retracement has now stalled at a key confluence zone: • 0.618 Fibonacci extension (-0.618) rejection • Descending trendline resistance respected • Prior structure acting as resistance The rejection at this level is important. It shows sellers are still in control and willing to defend higher prices. Price has already reacted once from the trendline. A second retest remains possible, which would offer a cleaner entry, but the current structure already supports downside continuation. Bias: Bearish Scenario: • Short-term bounce or consolidation • Potential retest of trendline / local resistance • Continuation move lower into support Targets: • TP1: ~4,570 (previous support zone) • TP2: ~4,200 (deeper structure + Fibonacci alignment) Invalidation: • Strong close above the trendline and recent highs would weaken the setup Summary: This is a classic continuation setup: trend → impulse → correction → rejection → continuation. The confluence between Fibonacci, structure, and trendline gives this idea weight. Now it’s about timing the entry around confirmation or a cleaner retest.
CShort
by CompareForexUK
XAUGBP BUY PositionA **Gold Buy Long Position (XAU/GBP)** is a trading strategy where an investor initiates a purchase of Gold (XAU) against the British Pound (GBP), betting that the price will **rise** over time. | Key Metric | Approximate Current Price (XAU/GBP) | | :--- | :--- | | **Price per Ounce** | **$\text{£3,251}$ - $\text{£3,260}$** (indicative range) | *** ## **1. Position Overview** * **Action:** **Buy** Gold (XAU), **Sell** British Pounds (GBP). * **Goal:** Profit from an **increase** in the XAU/GBP exchange rate. This means either Gold's value is rising or the Pound's value is falling (or both). * **Time Frame:** "Long position" typically implies a holding period ranging from a few weeks to several months, or even years, focusing on **macroeconomic trends**. *** ## **2. Drivers for a Long XAU/GBP Trade** A long position is fundamentally a bet on Gold's strength relative to the Pound's weakness. Key factors supporting this trade include: * **Safe-Haven Demand (for XAU):** Gold's price (XAU) tends to rise during periods of **global economic or geopolitical uncertainty** (e.g., wars, recessions, severe inflation) as investors seek a non-currency store of value. * **Weakening GBP:** The Pound's value may fall if: * The **Bank of England (BoE)** cuts interest rates or signals a dovish policy (monetary easing). * UK **inflation** outpaces the returns on $\text{GBP}$-denominated assets (negative real interest rates). * Poor UK economic performance or significant domestic political instability. * **Weak US Dollar (USD) Context:** Since Gold is primarily priced in USD globally, a weak $\text{USD}$ often boosts $\text{XAU}$. Both $\text{XAU}$ and $\text{GBP}$ are generally **negatively correlated** with the $\text{USD}$, meaning a broad decline in the $\text{USD}$ can simultaneously support the $\text{XAU}$ price and strengthen the $\text{GBP}$, but the relative strength of $\text{XAU}$ over $\text{GBP}$ is what matters for XAU/GBP. *** ## **3. Risk and Exit Strategy** * **Risk:** The trade will incur losses if Gold's price falls or if the British Pound strengthens significantly (e.g., strong UK economic data or hawkish BoE policy). * **Management:** Use a **stop-loss order** placed below a critical technical support level (e.g., 200-day moving average or a recent low) to cap potential losses. * **Exit:** Close the position (sell) when the macroeconomic drivers shift, a price target is reached, or key technical resistance is hit.
OANDA:XAUGBPLong
by Verifiedtrader07
XAUGBP TECHNICAL SETUPHey traders i am going to share you my first technical setup. Follow me and boost my charts if you like them. XAUGBP is now currently working on a major resistance zone and according to me it is now possible that XAUGBP can fall from here to the support level 2124 and 2119 and this is my mentioned target area also. Hopefully it can give rejection from this resistance area and go for short. KEY POINTS ENTRY 2149 SUPPORT LEVEL 2124 and 2119 STOPLOSS LEVEL 2160 if you love my charts then follow me and share it to your family and friends.
OANDA:XAUGBPShort
by TeamEllianaTrades
XAU/GBP "Gold Vs Pound" Market Heist Plan on Bullish SideHello!! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist XAU/GBP "Gold Vs Pound" Market 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 / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback. Stop Loss 🛑 : Recent Swing Low using 2H timeframe (or) Place SL where I mentioned in the Chart. Attention for Scalpers : Focus to scalp only on Long side, 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 💰. 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..... 🫂
OANDA:XAUGBPLong
by The-Thief
1
Ema Ma cloud crossover //@version=4 study(title="EMA & MA Crossover with Cloud", shorttitle="EMA & MA Cloud", overlay=true) // Input lengths for MA and EMA LengthMA = input(10, minval=1, title="SMA Length") LengthEMA = input(10, minval=1, title="EMA Length") // Calculate SMA and EMA xMA = sma(close, LengthMA) xEMA = ema(xMA, LengthEMA) // Determine position based on crossover longCondition = crossover(xEMA, xMA) shortCondition = crossunder(xEMA, xMA) // Plot the SMA and EMA plot(xMA, color=color.red, title="SMA") plot(xEMA, color=color.blue, title="EMA") // Create the cloud between the SMA and EMA hline1 = plot(xMA, color=color.red, transp=90, title="SMA") hline2 = plot(xEMA, color=color.blue, transp=90, title="EMA") // Fill the cloud with color based on the phase fill(hline1, hline2, color=xEMA > xMA ? color.green : color.red, transp=90) // Color the bars based on position (optional) barcolor(xEMA < xMA ? color.red : color.green) // Alert conditions alertcondition(longCondition, title="Long Alert", message="Go Long!") alertcondition(shortCondition, title="Short Alert", message="Go Short!") // Plot shapes on chart for visual confirmation plotshape(series=longCondition, title="Long Signal", location=location.belowbar, color=color.green, style=shape.labelup, text="BUY") plotshape(series=shortCondition, title="Short Signal", location=location.abovebar, color=color.red, style=shape.labeldown, text="SELL")
OANDA:XAUGBP
by nigeleeming
XAUGBP Bullish Money Heist PlanMy Dear Robbers / Traders, This is our master plan to Heist XAUGBP 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, Stop Loss: Recent Swing Low using 4h timeframe 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 💰💵 Join your hands with US. Loot Everything in this market everyday
OANDA:XAUGBPLong
by The-Thief
GOLD/GBP Bullish Trend continues on trending lineIf you're observing a bullish trend in the GOLD/GBP pair and it continues along a trend line, that suggests a favorable outlook for the price of gold relative to the British pound. Here's how you might interpret this situation, Remember that trading involves inherent risks, and no strategy guarantees success. It's crucial to conduct thorough analysis, use proper risk management techniques, and stay informed about market developments. If you're uncertain about your trading decisions, consider consulting with a financial advisor or professional trader.
OANDA:XAUGBPLong
by aalihassan