Fxsnipetraders

As i did show a part of my idea above, here are some better details to it. On the main side im looking for buys (there is also a good big possible sell until 2.320 but before we get the confirmation nothing until then and i will share as soon as it pops out) as long as market can pullback lower again around or lower then 2.370 without creating any type of liq above with confirmations for further selling then im looking to buy gold for sure even if we stay higher then 2.370 but things would need to be different then it is now. -On the 30m chart we could see some small scalp sells if 2.391 holds or even later above it but ofc with the confirmation first. -Now looking at the 4h chart we can see a solid pressure on the buy side, its nothing yet that crazy so that u can tell it will make new record high with that but its making a good opportunity to hold some nice buys until : Lets say we see on monday that pullback until 2.370 or lower then look for the first run until 2.390 then the second until 2.402 and the good last one 2.432-40. After that i would wait to see what will market do above that area, will we see rejection and a great drop (target would be 2.320) or pushing higher? As soon as things gets clear again we will look for next setup. -If on monday or a day later we see something else from gold preparing a different setup i will update it here.Right now we have some sells that can lead up to 380 and 370.Everything is still on the sell side and there are no buys atm.The last 30m candle closed solid bullish creating a sweep on liq bellow, potential for buys are now open until 396 and 403.396 was hit,now a pullback is possible and next target to look for is 403.396 was the last target for buyers,there is nothing left to look for on the buy side right now. Sell pressure is strong, aiming for 380 first.Now we are at our level as i did show above on the 4h chart looking to buy.If anyone took the buy on 370. book something out now and then on 403.We can still seek for at least 412-415 as tp but i would call it a day and close this 4h idea as finished.

There are no big confirmations that gold will rise or fly that much yet, we can see the strong pushes rated on only good resistance and pullbacks where sell bias are much more better atm. The lows that we have on the bottom are very weak and can lead to breaking them very easy all bellow starting from 2.385-360. If we see good breaks above 2.420-30 then we can look for some good buys after a pullback and so on. If we dont see testing the area above first and move to the bottoms then wont look for any type of sells but then instead for buys after all the liq gets cleared out and we get our confirmation. 4H chart can soon lead to bigger moves as soon as we clean one side of the current range.Not gona trade this price action at all, im staying out for a while.

Now on the left side i posted the idea on the sell side as it is right now presented by the market what we have that we could take in this moment. On the other hand when we look 4h chart we can see that big things can happen in a play. First if we see that rejection above (30min) and start selling (same on 4h) we can expect price to break the recent lows where we would put as our first profit targets and then wait and look for next setup because if it breaks it, then it will drop very good for us targeting 2.360-350 but if we see a solid rejection and increase on volume and momentum in the market to the top side, then we can expect great buys coming its way up first until 2.430 and with further confirmation even more above possible for recent new highs, but time for that to manage is enough so we take it slow, step by step. Anything can change rly fast in the market so we must be flexible.Price has come to our POI sell zone box. Now lets see how will 30m candle close.First candle looks clean, we look further for more downside.So far all things are great, i have booked some profit already, other positions are running.It could not give more then 388 in the morning,trade closed since its clearing the liq above.

As explained above we could see a retest of the recent low and then a possible pump with better volume and momentum which can lead this idea into a great buy. Otherwise breaking lower with no rejections will remove this scenario. Waiting for confirmation first. Both charts could turn out later on with strong bullish wave.Nothing much on a setup yet,just chilling.Even after this rise on gold im not interested of buying it as it is right now. No buys for me, but there is a short idea that i have interest in it.

Starting from the 4h view we can still see that we are in a bearish trend and momentum so looking for main sells is just the right thing but we have to allow market to pullback also before doing so. Thats why we can look for a potential buy (30min chart) because market got a little exhausted on friday and its showing us currently some buying pressure which we can also see in the 4h candle close. Nothing huge but still possible to catch great profits if managed right until 2.420-25. After that best is to wait and to see if we did break or already reversed from that level, gathering more info for next steps. Now if we see price struggle to pass 2.408 then probability is that we will continue lower then 2.390.If we dont see any type of volume increase and momentum on the upside,will then close trade at current price or at least at 2.405 and wait until we sweep out one side of the current range.I have fully closed my trade.

4H is still in bearish momentum showing us strong selling side. Looking at lower time frame we can see possible pullback for further upcoming drops in gold. Currently no buy pressure for any type of long trades except we build one with better volume and breakouts so we can take action in that direction. -Strong sell bias. -Waiting for pullbacks recommended.

XAUUSD As mentioned on the screenshot idea we are still bearish in the market,providing us further sells until we see nicely build up ground for the buys which we dont have yet and even if we would build it market would not leave us without nothing. It will allow us to close all our positions in time sweeping last time the lows just like the latest made high as a example because we see that most of the time everyday in many different TF. Previous sell idea was very satisfying so we keep that up. Should any major change come i will post a update here or post another idea. For other or similar type of info u can dm me anytime.Our tp1 was hit and i advise to close now all the sells and wait for further updates on the next move for friday.Tp2 hit. Still strong bearish.

XAUUSD has made a new record high and after pushing to the limits we could see how bullish momentum started to fade away and losing its power slowly for the new highs. Strong bearish volume and momentum has been placed on the chart as we can see showing us first rock solid 4H candle close with a wick on the top showing rejection and as we see a liq sweep. Sellers have waited pretty much for a reversal and the time has come to see some retracement. https://www.tradingview.com/x/r1KkV0cl/