Gold

Noah, you need to place the order beforehand mate

pending buy 2487 smaller
2478 x2
2466 x 4

Expensive lunch - picture perfect set-up on gold missed!

Lesson to be learnt - never leave your trading desk - EVER

GOLD 4H

descending triangle and macd aline we are going down .
hedge trade profit buy and now probably profit sell .

or try swing

That's an idea

Confident?

Dont forget to take profit

relax for PMI

PMI numbers are going to be positive today. Prop the dollar up

Close to expectations.
Another round of resistance awaiting around 2503 imo

Short term resistance 2504

BPR refused to give up.
keep waiting

hello Guys if i were you i will wait till 2510 and then sell,
it should reverse to that level for me to be comfortable with sell,
sep cut is already priced in so if in case powell said steady pivot means 25BPS not 50 then gold hit 2480-70
and looking at the price action it does look like GOLD is already hit the Overbought even in daily so that was a good move i missed it actually,
bought and closed yesterday at 1513 at Fed minutes
just be careful if you IN case are looking to Buy,
because there will be buyers and sellers this how it works,
just be careful if you are buying,
my suggestion do not hold for long if you buy,
just my 2 cents
Good Luck guys

If this 4H reflips bullish we will have trapped so many sellers down there

XAUUSD M30
2517+ is still alive

Noah could scalp these, shame he does not like you but I do

1. Daily Timeframe Analysis (Long-Term Perspective):

1. Market Structure: The daily chart shows a consistent bullish trend with higher highs and higher lows. The price is near a resistance level, labeled as a weak high, suggesting potential resistance or a breakout point.
2. Key Levels:
   1. Support Zone: $2,390 - $2,400.
   2. Resistance Zone: $2,520 - $2,530 (Weak High).

3. Price Targets:
   1. Bullish Scenario: If the price breaks above $2,530 with strong momentum, the next target could be around $2,550 - $2,560.
   2. Bearish Scenario: A failure to break the resistance might lead to a pullback towards the support zone at $2,390 - $2,400.

4. Entry & Stop Loss:
   1. Long Entry: Consider buying on a pullback to $2,400 with a stop loss below $2,375.
   2. Short Entry: If the price shows strong rejection at $2,530, consider a short with a stop loss above $2,540.

5. Confirmation: Look for a strong bullish candle closing above $2,530 for confirmation of a breakout. Conversely, a bearish engulfing or strong rejection pattern at this level could confirm a short setup.

2. 4-Hour Timeframe Analysis (Medium-Term Perspective):

1. Market Structure: The 4-hour chart indicates a bullish structure with potential resistance at the weak high around $2,520 - $2,530. A break above this level could indicate a continuation of the trend.
2. Key Levels:
   1. Support Zone: $2,470 - $2,480.
   2. Resistance Zone: $2,520 - $2,530.

3. Price Targets:
   1. Bullish Scenario: If the price sustains above $2,530, the target could be $2,550 - $2,560.
   2. Bearish Scenario: A breakdown below $2,470 could lead to a deeper retracement towards $2,450.

4. Entry & Stop Loss:
   1. Long Entry: Consider buying near $2,470 with a stop loss below $2,460.
   2. Short Entry: If the price breaks below $2,470, consider shorting with a stop loss above $2,480.

5. Confirmation: Look for a strong close above $2,530 for long entry or a bearish candle closing below $2,470 for a short setup.

3. 1-Hour Timeframe Analysis (Intraday Perspective):

1. Market Structure: The 1-hour chart shows consolidation near the resistance level, with potential for either a breakout or a pullback.
2. Key Levels:
   1. Support Zone: $2,490 - $2,500.
   2. Resistance Zone: $2,510 - $2,520.

3. Price Targets:
   1. Bullish Scenario: A breakout above $2,520 could target $2,540.
   2. Bearish Scenario: A breakdown below $2,490 could lead to a drop towards $2,470.

4. Entry & Stop Loss:
   1. Long Entry: Consider buying near $2,500 with a stop loss below $2,495.
   2. Short Entry: Consider shorting below $2,490 with a stop loss above $2,500.

5. Confirmation: Watch for a strong 1-hour candle closing above $2,520 for a bullish continuation or a close below $2,490 for a bearish move.

4. 30-Minute Timeframe Analysis (Scalping Perspective):

1. Market Structure: The 30-minute chart shows some indecision, with price fluctuating within a narrow range. The market seems to be waiting for a breakout or a breakdown.
2. Key Levels:
   1. Support Zone: $2,495 - $2,500.
   2. Resistance Zone: $2,510 - $2,520.

3. Price Targets:
   1. Bullish Scenario: A breakout above $2,520 could quickly push the price to $2,530.
   2. Bearish Scenario: A breakdown below $2,495 could lead to a drop towards $2,480.

4. Entry & Stop Loss:
   1. Long Entry: Buy near $2,500 with a tight stop loss below $2,495.
   2. Short Entry: Short near $2,510 if resistance holds, with a stop loss above $2,515.

5. Confirmation: Look for clear breakout candles (high volume, large body) for entry signals. For shorts, a rejection candle or strong bearish engulfing pattern would serve as a good confirmation.

_________________ TP2 still @2492 =