Downloading...
Download

Xaudusd

Gold’s Week Ahead: Structure, Scenarios, and What to WatchChart Overview: Gold (XAU/USD) is at a critical juncture. The recent action shows a completed three-wave correction, and price is now setting up for what could be a powerful motive wave. My primary scenario is a bullish move once the current structure matures, but I’m also tracking alternate counts—flat, triangle, and double zigzag—all of which still point to at least one more push higher. Why This Count? The leading diagonal (5-3-5-3-5 or 3-3-3-3-3) for wave 1 fits the textbook, with wave 4 overlapping wave 1—a classic Elliott Wave signature. The three-wave correction appears complete, which often signals the start of a new impulsive sequence. I’m watching for confirmation: a completed corrective pattern and a strong move off the lows. What’s Next? If the correction finishes and price holds above the wave 1 low, I’ll be looking for a long setup targeting the 100% or 1.618 extension of wave 1. Invalidation is simple: if the wave 1 low breaks, the count is off and I’ll reassess. I’ll wait for structure to complete before entering—patience is key.
FOREXCOM:XAUUSDLong
by TheSignalService
How I Use Elliott Waves to Trade — A Real Example from XAU/USDElliott Wave Theory is a powerful tool I use to understand market structure and build trading plans with confidence. In this post, I’ll walk you through how I’m applying it to the current setup in XAU/USD (Gold) on the 1-hour chart, and how I develop a trading plan around it. 🌀 The Current Structure: A 5-Wave Impulse in Progress Based on the chart, I believe gold is in the middle of completing a classic 5-wave impulsive move. We’ve already seen the completion of Wave 1 and Wave 3—and we’re now likely in the midst of a Wave 4 correction. 🔍 How Do I Know This? There are several clues: Wave 3 is extended, meaning it’s longer than both Wave 1 and the expected Wave 5. Inside Wave 3, Wave 2 was a sideways flat, and Wave 4 was a sharp zigzag. This follows the Guideline of Alternation, which states that if one correction is sharp, the next tends to be sideways. These characteristics give me confidence in my wave count. 💡 Why I Love Trading Wave 5 Wave 5 is my favorite wave to trade because it offers a high-probability opportunity when the structure is clear and confirmed. Here’s how I approach it: 📉 Step 1: Define the Invalidation Level According to Elliott Wave rules, Wave 4 cannot enter the price territory of Wave 1. This gives me a hard stop loss zone—if price dips below that, the count is invalid, and I step aside. 🎯 Step 2: Determine the Target (Take Profit) When Wave 3 is extended, Wave 5 usually relates to Wave 1, and I consider three common Fibonacci targets: 61.8% 100% 161.8% Since the 100% extension of Wave 1 is the most typical scenario, that’s where I’ll tentatively place my take profit. 🛠️ Step 3: Plan the Entry Now that I have both my stop (below Wave 1) and my take profit (100% of Wave 1), I plan my entry. Here’s how: Wave 4 often retraces to the 38.2% Fibonacci level of Wave 3—which is where I begin looking for support. This level also coincides with the termination point of the previous Wave 4, adding further support per Elliott guidelines. If price enters that support zone and I see a complete corrective structure (flat or triangle), that’s my green light to enter. If all the above conditions are met, I’ll post a follow-up with my exact entry strategy. 🧠 Final Thoughts: Flexibility Is Key While this plan is structured, the market is dynamic. Patterns evolve. Counts can shift. The key is to stay objective, recognize when the scenario changes, and adapt quickly. Elliott Wave trading is not about perfection, but about anticipation, risk control, and reacting intelligently as price unfolds.
TVC:GOLDLong
by TheSignalService
Gold Price Analysis – Bullish Trendline Support...This 1-hour chart of Gold Spot (XAU/USD) shows a strong bullish trend supported by an ascending trendline. Price has recently broken above a key resistance level and is now approaching a marked Reversal Area. A pullback towards the highlighted trendline support and horizontal zone (~3,250) is anticipated before a potential continuation upwards. The chart suggests bullish momentum remains intact as long as the price holds above trendline support. Watch for price action confirmation near the support zone for potential long opportunities.
OANDA:XAUUSDLong
by Alee_Gold_Trader
Gold Buy Setup – Smart Money Flow & Institutional Order PositionGold (XAU/USD) is showing bullish potential, aligning technical, fundamental, and liquidity factors for a high-probability setup. Let’s break down the market structure, trade execution, and institutional flows that support this move. 📊 Trade Execution & Technical Breakdown 🔹 Entry Zone: Price retraced into a key demand zone aligning with the 0.62 Fibonacci level (2902.190). 🔹 Confluences: ✅ Trendline support held, confirming bullish momentum. ✅ Fibonacci retracement (50%-79%) aligned with institutional order blocks. ✅ Liquidity sweeps confirmed smart money accumulation. 🔹 Target Zones: 📈 First target: 2,926.183 (previous high). 📈 Final target: 2,950.176 (-0.62 Fibonacci extension). 📌 Market Structure: The 1H timeframe suggests a bullish continuation pattern. Daily EMAs are trending upwards, reinforcing buying pressure. Supertrend indicator on the 4H supports bullish sentiment. 🎯 Institutional Positioning & Market Depth 📌 Commitment of Traders (COT) Report Insights: 📈 Institutional traders increasing long positions, signaling confidence in an uptrend. 📉 Retail traders are majority short, fueling a potential short squeeze. 📌 Liquidity Data: Volume profile shows high demand near 2902, confirming strong buy-side interest. Market depth data from Prime Market Terminal indicates institutional buy orders stacking in this range. ⚡ Fundamental Drivers – Key News & Events 📊 Economic data influencing XAU/USD: 📈 ISM Manufacturing PMI (53.5) vs. forecast (52.8) – Initially strengthened USD. 📈 Durable Goods Orders +3.2% – Positive US data caused a pullback. 📉 Gold supported by weaker USD following liquidity rebalancing. 🛑 Impact on Trade: ✔️ Initial USD strength provided a discounted long entry on Gold. ✔️ Market reacted with bullish momentum as institutional flows aligned with demand zones. 📈 Volatility & Liquidity Insights 📌 Prime Market Terminal Liquidity Analysis: ATR (Average True Range) increased, signaling upcoming volatility. High-volume nodes align with the 2902 support area. Institutional order flow confirms bullish positioning. 🔥 Conclusion – High-Probability Long Setup ✅ Smart money accumulation & institutional order flow confirm a bullish bias. ✅ Confluence of technical, fundamental, and liquidity factors supports upside movement. ✅ Potential targets: 2,926 → 2,936 → 2,950. 📌 Did you catch this move? Let me know your thoughts in the comments! 🚀💬
OANDA:XAUUSDLong
by LDForex_
XAU/USD - Scalping StrategyStrategy Summary: This strategy is designed for the M1 and M5 timeframes and has been personally tested, demonstrating strong results. It is a mechanical system with strict rules to ensure discipline and consistency in trading decisions. Whilst I have personally used this system on XAU/USD it can be applied to other volatile asset classes. Indicators Used: 1. 55-Moving Average (High) and 55-Moving Average (Low): * These create a channel to filter out trades during choppy market conditions. * No trades are taken if the price is within this channel. 2. Heiken Ashi Candles: * Used to identify the trend and determine entry/exit points. * Stay in a trade as long as candles remain green (for buys) or red (for sells). 3. Optional Indicator: * 200 Moving Average on a Higher Timeframe (HTF): * Use this for directional bias: * Only take buys if the price is above the 200-MA. * Only take sells if the price is below the 200-MA. Entry Criteria: Buy Setup: 1. Price breaks above the 55-MA (High) with a green Heiken Ashi candle. 2. Stop loss options: * Below the previous candle's low. * ATR x 2.5. Sell Setup: 1. Price breaks below the 55-MA (Low) with a red Heiken Ashi candle. 2. Stop loss options: * Above the previous candle's high. * ATR x 2.5. Risk Management & Rules: 1. Avoid Trades in the Channel: * No trades if the price is between the 55-MA High and Low. 2. Risk Management: * Risk no more than 0.5% of the account balance per trade. 3. Profit Targets: * Fixed Risk-Reward Ratio: 1:1.5. * After reaching 1:1.5, either: * Move stop loss to breakeven. * Take partial profits and stay in the trade until the Heiken Ashi candle changes color. 4. Session Focus: * Trade during the Asian and New York sessions. Key Notes: * Align your trades with the Higher Timeframe Trend for better success. * Adding the 200-MA on from a higher timeframe can provide an additional layer of confluence: * Take buys only when price is above the 200-MA. * Take sells only when price is below the 200-MA.
OANDA:XAUUSDEducation
by warsam
3
GOLD to 2670with DXY cooling off, we still need to see GOLD's retracement on bigger price action flow, for the DXY to strengthen as the year are closing off, and likely a 75 basis points are being prepared to boost DXY for the consumer "look good" year end special we are approaching a level fo interest but it seems that the buyers are pushing hard, we might see a push thru to 2670, if this 2640/50 level does not hold fyi |: the 2640/50 zone lines up on the daily FIB at 38.2% i must be honest i did not expect the push to be so far up at this stage / mid November
EIGHTCAP:XAUUSDShort
by CryptAlo
XAU/USD Poised for Short-Term Rise to New All-Time HighXAU/USD is expected to continue its rise in the short term, reaching a new all-time high (ATH) this week. After a period of ranging and consolidation, where the price remained within a relatively tight range, the upward momentum is expected to resume. This suggests a bullish sentiment in the market for the gold/US dollar currency pair. However, it is important to note that market trends are influenced by various factors and can change rapidly. To make accurate predictions or assessments, it is advisable to consult up-to-date market analysis and seek guidance from financial professionals who have access to the latest market data and tools.
OANDA:XAUUSDLong
by rayanem
Levels discussed on livestream 22nd JanJanuary 22nd DXY: Break 103 to trade down to 102.80 NZDUSD: Buy 0.6140 SL 20 TP 45 AUDUSD: Look for reaction at 0.6650 resistance DXY strength; Sell 0.6575 SL 20 TP 50 USDJPY: Buy 148.80 SL 30 TP 90 or Sell 147.50 SL 30 TP 100 (Pending BoJ news event) GBPUSD: Sell 1.2690 SL 20 TP 47 EURUSD: Buy 1.0915 SL 25 TP 70 (Hesitation at 1.0940) USDCHF: Sell 0.87 SL 20 TP 60 USDCAD: Sell 1.3385 SL 25 TP 65 Gold: Stay above 2017 to maintain bullish move to 2040
TVC:DXY
by JinDao_Tai
See the previous analysisonce upon a time I was really upset that that illiterate blogger has millions of followers and I, who have been watching this story for 9 years, have to swallow my anger and watch people's ignorance. Those days, I was sad and angry about not being seen, loneliness, confiscation (selling and using my words) and... but when they attacked my life and hardware, I cried. I've never been upset about why the person is uneducated or a copycat or... but the more I try (to be helpful, that's all), the more humiliated, the more annoyed, the more traumatized I've been, because Attacks, insults, harassments, violation of my privacy and..., nothing matters to me anymore. I want to be alone for a long time and recharge because life goes on. I love you all . Good luck
by johnwick1372888
Gold breaks out of consolidationGold has successfully broken out of its consolidation phase with a strong bullish engulfing candle that engulfed the last 11 days of trading. Now, with this strong upward move, it is expected that the price may retrace slightly to gather some liquidity before continuing its ascent. As for me, I will be waiting for the price to test the trendline slightly below it to look for any possible reversal signals that may indicate a buying opportunity for gold. ------------------------------------------------------------------------- Let me know your thoughts in the comments, and show your support by liking the idea. Please follow if you're interested in more ideas like this. Your support is greatly appreciated!
OANDA:XAUUSDLong
by Candlestick_OB
Potential Long on Gold- Target at 2010The gold price is currently facing resistance below the HKEX:2 ,000 level due to concerns over a possible US default and bets on a hawkish Fed policy. The recent strength in the dollar is also weighing on the price of gold. However, some analysts believe that downside risks are favored ahead of the Fed policy meeting, and that gold may find support around the HKEX:1 ,980 level. The market is currently waiting for clues from the upcoming Fed meeting on the direction of interest rates, which could have a significant impact on the price of gold. Overall, while the short-term outlook for gold may be uncertain, the precious metal remains an attractive asset for long-term investors looking to diversify their portfolio and hedge against inflation. Summary: - Potential resistance zone: 2006-2012 -Support zone:1976 - If resistance zone is broken, next stop will be at 2030. Catalyst for bull run will be the JOLTS Job opening @ 12 3rd May
OANDA:XAUUSDLong
by DesTroy2020