A+ SETUP1-FVG is superior PDA 2-areas of LQ 3-good trade for CPI(Consumer price index) 4-valid OB10:10by Antwerp_winning_trader1
Buy Gold @ 2304 - 2302Buy Gold @ 2304 - 2302 Tuesday 06/11/2024 01:42 AM EST 2298 StopLoss —> 2304.5 BreakEven+ TakeProfit 1: 2306 TakeProfit 2: 2308 TakeProfit 3: 2310 TakeProfit 4: 2312 TakeProfit 5: 2314 TakeProfit 10: 2324 TakeProfit 20: 2344 TakeProfit 30: 2364 Richard Eyo ~ The WizardLongby richardeyo90002
Sell 2326-28 This is my jackpot level sell - 2326 you can trade with sl, tp now lowShortby Goldoperator-Mohit1
XAUUSD - Bearish We are currently in the 5th wave down on XAUUSD. According to Elliott Wave Theory, the minimum extension for wave 5 is expected to be at least equal to the length of wave 3.Shortby fxprecisiontrading1
Gold HNS?For some reason I still have a bullish bias on gold, but I cant deny the possibility of this playing out and taking price to 2178 area. It is a pretty clear pattern, the only part I do not like the the neckline sloping upwards instead of downwards, but the right shoulder checks out. Keeping an eye on thisShortby TechknowLobster1
Gold trade idea!Here is my view on gold, after sweep of liquidity from the highs, and a big profit taking. Last week China pause buying gold + optimist nfp data and friday profit taking. Looks to me like prices settup for buyers at better liquidity zones around 2280, we might see a quick grab this week under the zone and then back in range, before FOMC wich i anticipate will be bullish for gold. Bears might take profit from the lows and bulls might buy the dip. Be carefull and have a nice week of trading :) Longby Nickos1231
#xauusdAnalysis of the price action of #XAUUSD (#smart_money): The support (green) and resistance (red) zones of the #XAUUSD react when they are reached. As you pass through each area, the role of that area changes. You can trade between these zones based on your personal strategyby arv611
THE KOG REPORT THE KOG REPORT In last week's KOG Report, we gave the support levels below, and suggested that if the market opened and those levels held price, we felt an opportunity to long the market would be available into the 2350-55 region and above that 2375, we achieved just short. Due to the ranging price, we stuck with the plan to then look for the short trade from above which also presented itself after we completed going long. It was a decent but frustrating week for traders, however, we completed near all the Excalibur targets, managing to trade it up into our given levels, bar a few pips, and then down again for the end of the week exactly from the level we had given to expect the minor selloff from. We then gave an end of week report with the target level below which was also completed and gave late session traders an opportunity to capture the long on the RIP with a tap and bounce. A fantastic week in Camelot, not only on gold, but the numerous other pairs we trade analyse and apply the algo to. Excalibur, the hot spots and the red-boxes together with KOG's bias of the day working well again. So, what can we expect in the week ahead? We have the order region above 2330-35 with extension of the move into the 2345 region. It’s that 2340 region which is important to look for if we get a move to the upside from opening, price below that level looks weak and we could then see further opportunities to short the market lower into the 2310 and below that 2285-95 region, which is where we feel the RIP will come from for any longs into the immediate levels of resistance. Below we have the 2320-15 price point, which again is a level of importance, a dip into that price point with rejection could again give the opportunity to long back up into that order region above before then resuming the move to the downside. Please note, the above is based on the price staying below the order region resistance, if we break above that level we will update our plans through the week. We have to remember, there is no significant breakout here as yet, we’re still in the range 2320-2365-70 which price has been gathering orders within. We have a lot of news this week as well as NFP on Friday, the market will be very choppy and ranging so please be careful. We always tell our traders, the last few days of the month and the first few days of the month need to be played with caution and your risk management needs to be up to scratch if you’re going to trade these markets. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG by KnightsofGoldUpdated 44103
Are we on a ABCDE retracment in daily XAUUSD ?Its possible that in daily timeframe we are on a corrective ABCDE structure ! as chart . what do you think ? Longby BeyondXAU1
Gold1h technical analysis on Gold, for me price is looking Bearish, i would like to see price reacted from 1h BR+FVGShortby andy4444_1
GOLD FALLS MORE last CPI gold made a huge move and remove all seller from the market and move again to the starting point so what we can expect that the market may continue the falling move .currently it is testing the volume area of interest so we wait for a proper breakout then we do sell till lowest level of volume and last target of end of the bearish channel .Shortby rasindu20032
xauusdhello beautiful people hope you are well here is XAUUSD chart which is i am sharing with you how i am looking i am looking still buy market already pumped from nearest prices but i still hope market trigger my price hope for the bestLongby WiKiFX1
WAIT FOR RETRACEPrice moving slowly, for retracement. waiting for confirmation for selling at supplay zone marking with engulfing candleShortby dodogtg112
XAUUSD 1H Long Position Above 2300.00: This means that the trader will enter a buy (long) trade only when the price of the asset rises above 2300.00. Take Profit at 2325.00: This means that the trader sets a sell order at 2325.00 to lock in profits. Once the price reaches this level, the trade is automatically closed, securing the profit. Trade Execution: It's important to use limit orders for both entry and take profit to ensure the trades are executed at the desired levels. Market orders can be used, but they may result in slippage, especially in volatile markets. 🤞🤞 Longby vbenking91111
big intraday support level before big newsgold price dropped $100 in friday last week on china central banking stopped buying gold and hot nfp number which risk fed projecting 2 cuts instead of 3 and first cut after election price now side near 2300 psychological number after big dump price has failed to breakout big yellow support zone near $2280 in first attemptby Sangam-Agarwal1
XAUUSD Running Short Due to Fundamental and FOMC pressure gold heading for a temporary correctionShortby fawadjawed143Updated 2
My Powers Are Growing...Learning to stick with my rules and being patient when in draw downs. This play was a rollercoaster but I finally did it!! So grateful but this is just the start!! Done for the day, back to studying...Longby KalongaLutalo1
Gold possible sell There's high probability that price might give us a good sell, at least 1:2 will not be bad, remember what we waited for and that's liquidity created and cleared, now we waited for price to either go against us or we go along with price trend by MadsTheGoldminer1
XAUUSD 30M1). Resistance Level at 2311.00: *). Definition: Resistance is a price level where a rising asset price tends to stop and reverse due to a concentration of selling interest. *). Context: The resistance level of 2311.00 indicates a price point where the asset has difficulty moving above. It is expected that at or near this price, there will be sufficient selling pressure to prevent the price from rising further. 2). Target Level at 2277.00: *). Definition: This is a specific price target that traders aim for when they predict a downward movement in the asset price. *). Context: The target level of 2277.00 suggests a forecasted drop in the asset's price from the resistance point at 2311.00. Traders expect that if the price fails to break above the resistance, it will move downwards towards this target. Trading Approach: *). When the asset price approaches the resistance level of 2311.00 but fails to break through it, traders should anticipate a potential reversal.Upon identifying this resistance, traders should look for opportunities to sell or short the asset, aiming to capitalize on the downward movement towards the target level of 2277.00. Risk Management: *). Set a stop-loss order slightly above 2311.00 to mitigate the risk of unexpected price movements above this resistance level.Consider setting a take-profit order near 2277.00 to secure gains once the price reaches this target. By adhering to this strategy, you aim to profit from the anticipated price movement based on the established resistance level. 🤞🤞🤞 Shortby vbenking91111
Gold Shorts on M15I anticipate price to continue pushing bearish.. Following NFP last week plus market structure.... NB:dont juno infront of a moving train Shortby BM_ForexTrader1
EU and XAUMy thougth to new week about XAUUSD and EURUSD the more probable sceenario is short for bothShort05:55by distinctChile768901