therabbittrades

Trade Idea 1: Short PositionSetup:The price is currently near an area of supply (highlighted in red on the chart) and has shown signs of rejection, forming a bearish candlestick pattern. The stochastic oscillator also indicates overbought conditions, suggesting potential downside.Entry:Enter a short position near the current price level of $3,079.Stop Loss:Place the stop loss above the area of supply at $3,120 to account for potential false breakouts.Take Profit Targets:First Target: $2,930 (near the 0.236 Fibonacci level).Second Target: $2,800 (near the 0.382 Fibonacci level).Trade Idea 2: Long PositionSetup:If the price retraces to the demand zone (highlighted in green on the chart) near $2,680–$2,700, this could be a strong area for a reversal based on historical price action and Fibonacci confluence (0.786 level).Entry:Enter a long position within the demand zone at $2,680–$2,700.Stop Loss:Place the stop loss below the demand zone at $2,640 to minimize risk.Take Profit Targets:First Target: $2,880 (near the 0.382 Fibonacci level).Second Target: $3,000 (psychological resistance level and previous swing high).Macroeconomic ConsiderationsGold prices are influenced by macroeconomic factors such as:Interest Rates: If central banks signal dovish policies or rate cuts, gold may rally due to its appeal as a safe-haven asset.Inflation Data: Higher inflation increases gold's attractiveness as a hedge.Geopolitical Tensions: Any escalation in global tensions could further support gold prices.Monitor news events and economic data releases closely to confirm directional bias before entering trades.

Based on the analysis of the 1H and 1D fractals, here’s a suggested intraday short (sell) trade setup:1. Fractals and Trend Analysis:1D Chart: The price has broken down from its recent highs and seems to be retracing after a long bullish trend. The fractals indicate that the upward momentum might be slowing, with the price nearing a recent high resistance zone around $2,660.1H Chart: The fractals show a significant break of structure to the downside around $2,640, and a retracement up to $2,622. This area is a confluence of the Fibonacci retracement and resistance from the previous breakdown.2. Entry Price:Sell Limit Order: $2,630.00This price level is near the Fibonacci retracement and confluence zone, providing an optimal low-risk entry. It also allows for an entry close to where resistance is expected based on the 1H and 1D charts.3. Stop Loss:Stop Loss: $2,640.00The stop loss is placed slightly above the recent high on the 1H chart, above the resistance zone and Fibonacci confluence area. This ensures your trade is protected from a false breakout.4. Take Profit:Take Profit Price: $2,600.00This is set at the support zone observed from the recent 1H chart. The price has previously found support here, so it's a realistic target while keeping the reward-to-risk ratio favorable.5. Risk-to-Reward Ratio:Risk: $10 per ounce (from $2,630 to $2,640).Reward: $30 per ounce (from $2,630 to $2,600).Risk-to-Reward Ratio: 1:36. Trailing Stop-Loss Strategy:Initial Stop Loss: $2,640.00.When the price reaches $2,615.00, adjust the stop loss to $2,630.00 (break-even).When the price reaches $2,605.00, adjust the stop loss to $2,615.00 to lock in profits.Continue trailing the stop loss by $5 increments as the price approaches the target of $2,600.00.Final Trade Setup:Entry Price: $2,630.00 (Sell Limit)Stop Loss: $2,640.00Take Profit: $2,600.00This setup aims for a lower-risk entry, high reward-to-risk ratio, and follows the general downtrend on the 1H and 1D charts.

It's NFP today so let's keep our volume light :) Based on the fractals in the 1H and 1D charts, here is a potential intraday long (buy) trade setup.1. Fractals and Trend Analysis:1D Chart: The price is in a strong uptrend but showing consolidation near $2,658.00, which is currently a resistance level. A break above this level could signal a continuation of the upward trend.1H Chart: The price has recently bounced off the $2,640 support zone, which coincides with a Fibonacci retracement zone. The fractals suggest short-term upward movement toward the $2,660-$2,670 range, which has been a resistance zone.2. Entry Price:Buy Limit Order: $2,650.00This is close to the support level and Fibonacci retracement zone from the 1H chart. It provides an optimal entry point with lower risk.3. Stop Loss:Stop Loss: $2,640.00Placing the stop loss slightly below the recent support zone at $2,640 protects the trade if the price reverses significantly. 4. Take Profit:Take Profit Price: $2,680.00This target is set at the upper boundary of the recent range and close to a high liquidity zone from the daily chart. The price may face resistance here, offering an optimal exit with a favorable reward-to-risk ratio.5. Risk-to-Reward Ratio:Risk: $10 per ounce (from $2,650 to $2,640).Reward: $30 per ounce (from $2,650 to $2,680).Risk-to-Reward Ratio: 1:36. Trailing Stop-Loss Strategy:Initial Stop Loss: $2,640.00.When the price reaches $2,665.00, adjust the stop loss to $2,650.00 (break-even).When the price reaches $2,675.00, adjust the stop loss to $2,665.00 to lock in profits.Continue trailing the stop loss by $5 increments to secure further profits as the price approaches the target.7. Volatility Adjustment:The price has been fluctuating within a $15-$20 range recently. The stop loss and take-profit levels are designed to accommodate price volatility, allowing enough room for price action to develop without triggering early exits.Final Trade Details:Entry Price: $2,650.00 (Buy Limit)Stop Loss: $2,640.00Take Profit: $2,680.00This trade setup provides a good opportunity for a profitable intraday trade in the direction of the major trend.

Based on the charts, here's a new trade idea:Trade Setup: Intraday Long Trade (Buy)1. Fractals and Trend Direction:1D Chart: The overall trend remains bullish, but there’s a minor pullback from the recent highs. There is still strength in the market, and it's at an important support zone.1H Chart: The price is consolidating and forming higher lows. The last fractal low is around the $2,645 level, signaling a potential bullish continuation.2. Entry Price:Buy Limit Order: $2,650.00 This is close to a confluence level of support (previous low and Fibonacci retracement). If the price dips to this level, it's likely to bounce, offering a good risk/reward ratio.3. Stop Loss:Stop Loss Price: $2,640.00 This level is below the previous fractal low on the 1H chart, providing a tight risk while allowing enough room for minor fluctuations.4. Take Profit (Reward-Risk Ratio of 2.5):Take Profit Price: $2,675.00 This target is set just below a resistance level from the recent high. It's also near a liquidity zone where sellers may enter, making it an ideal point for taking profits.5. Risk-to-Reward Ratio:Risk: $10 per ounce (from $2,650.00 to $2,640.00).Reward: $25 per ounce (from $2,650.00 to $2,675.00).Risk-to-Reward Ratio: 1:2.5, which is favorable.6. Trailing Stop-Loss Strategy:Initial Stop Loss: $2,640.00.If the price reaches $2,660.00, move the stop loss to break even at $2,650.00.Once the price hits $2,665.00, adjust the stop loss to $2,660.00 to lock in profits.Continue trailing the stop loss by $5 increments to protect profits as the price moves toward $2,675.00.8. Volatility Consideration:Recent price action has shown volatility swings of around $20-$30. This setup adjusts for this volatility, with a $10 stop loss and $25 target, ensuring the trade is not too tight.Final Trade Details:Entry Price: $2,650.00 (Buy Limit)Stop Loss: $2,640.00Take Profit: $2,675.00If the price breaks below $2,640.00, the trade idea will be invalidated.We have shifted our SL to BE

Based on the analysis of the charts, here’s a potential trade idea:Trade Setup: Long (Buy)1. Fractals Analysis:Daily Chart (1D): The daily chart shows the price in an uptrend, consistently making higher highs and higher lows. The current price is around a key resistance level of $2,680.1H Chart: The 1-hour chart shows a pullback from a recent high, creating a lower high, which might suggest a short-term correction. However, the major trend on the daily is bullish, which indicates the best trades are likely in the direction of the main trend (buying the dips).2. Entry Price:Buy Limit Order: $2,660.00This level is near a Fibonacci retracement zone and a support level. It's a low-risk entry point based on confluence (previous support, Fibonacci level, and fractals showing potential for a bounce).3. Stop Loss:Stop Loss Price: $2,650.00Setting the stop loss just below the support zone to manage risk if the price breaks lower.4. Take Profit:Take Profit Price: $2,695.00This target is where liquidity is likely to gather. Our approach to trading towards a new ATH would be to use a trailing stop loss strategy5. Risk-to-Reward Ratio:Risk: $10 per ounce (from $2,660.00 to $2,650.00).Reward: $35 per ounce (from $2,660.00 to $2,695.00).Risk-to-Reward Ratio: 1:3.5, which is excellent for an intraday trade.6. Trailing Stop-Loss Strategy:Once the price moves above $2,670.00, adjust the stop-loss to $2,660.00 to reduce risk to zero.As the price approaches $2,680.00, move the stop-loss to $2,670.00 to lock in profit.Continue trailing by $10 as the price moves higher, locking in profits as the trade progresses.Final Trade Details:Entry Price: $2,660.00 (Buy Limit)Stop Loss: $2,650.00Take Profit: $2,695.00If the price continues to consolidate or break below $2,650.00, it would indicate that the trade idea is invalid and no position should be taken.

Here is a proposed intraday trade setup**Trade Setup: Long (Buy)****Confluence and Fractals:**- On the **1H chart**, we observe a price reaction near **$2,620** (support level), which coincides with the Fibonacci retracement and fractal points.- On the **1D chart**, price continues its uptrend after a minor retracement, aligning with the major trend. The price has bounced off support near the **$2,620** area, indicating a strong bullish structure.**Entry Price (Buy Limit Order):**- **Entry Price**: **$2,620.50** - This entry is near the immediate support level, offering a low-risk entry and taking advantage of potential upward momentum if the price continues the trend.**Stop Loss:**- **Stop-Loss Price**: **$2,612.00** - This is placed below the last major support zone on the 1H chart and Fibonacci levels, providing enough room for price fluctuations while keeping risk limited.**Take Profit (Target):**- **Target Price**: **$2,640.00** - This target aligns with an expected retracement level near a high liquidity area, where resistance is anticipated. It also reflects a recent resistance point observed on both 1H and 1D charts.**Risk-to-Reward Calculation:**- **Risk**: $8.50 per ounce (from **$2,620.50** to **$2,612.00**).- **Reward**: $19.50 per ounce (from **$2,620.50** to **$2,640.00**).- **Risk-to-Reward Ratio**: **1:2.29** **Trailing Stop-Loss Strategy:**1. **Initial Stop-Loss**: Set at **$2,612.00** after entering the trade at **$2,620.50**.2. **Move to Break-even**: Once the price reaches **$2,630.00**, adjust the stop-loss to **$2,620.50**3. **Trail Stop-Loss**: When the price reaches **$2,635.00**, trail the stop-loss to **$2,625.00** to lock in some profits while protecting against a reversal.4. **Final Adjustment**: As the price nears **$2,640.00**, move the stop-loss to **$2,630.00** to maximize your profit.**Final Trade Details:**- **Buy at**: **$2,620.50**- **Stop Loss**: **$2,612.00**- **Take Profit**: **$2,640.00**- **Position Size**: **0.8 ounces of gold**This trade setup offers a good risk-to-reward ratio and follows the direction of the higher timeframe trend. Use the trailing stop-loss strategy to protect your profits as the price moves favorably.

It is Friday, here is a potential setup for a new trade idea on Gold (XAU/USD):Trade Setup: Long (Buy)Entry Price:Entry Price: $2,580.00 (using a limit order).The price is close to a support zone on the 1H chart and aligns with a Fibonacci retracement level from recent movements. This provides a low-risk entry point near a confluence of support.Stop Loss:Stop-Loss Price: $2,570.00.Placing the stop-loss just below the previous support zone. This provides a reasonable buffer while limiting your risk.Take Profit (Target):Target: $2,600.00.This target is near the recent highs seen on the 1H chart, where high liquidity and resistance are expected. Price is likely to encounter significant resistance at this level.Risk/Reward Calculation:Risk: $10.00 per ounce (from $2,580.00 to $2,570.00).Reward: $20.00 per ounce (from $2,580.00 to $2,600.00).Risk-to-Reward Ratio: 1:2Trailing Stop-Loss Strategy:Initial Stop-Loss: Place at $2,570.00 upon entry.Break-even Adjustment: Once the price reaches $2,590.00, move the stop loss to $2,580.00 (your entry price) to eliminate risk.Trail Stop: If the price reaches $2,595.00, trail your stop to $2,590.00 to lock in partial profits.Final Adjustment: As the price approaches $2,600.00, consider trailing the stop loss further to $2,595.00 to secure more gains.Final Trade Details:Buy at $2,580.00.Stop Loss: $2,570.00.Take Profit: $2,600.00.-therabbittradesTrade plan cancelled as price has already hit $2600 without any retracement.

Here is a new intraday trade idea for **Gold Spot (XAU/USD)**: **Market Overview**:1. **Fractals**: - The 1D chart shows a recent pullback after a bullish surge, potentially creating a **retracement opportunity**. - The 1H chart highlights a strong rejection from a high, suggesting possible retracement to a key support area.2. **Trend**: - The higher timeframe (1D) is showing an overall **bullish** trend, and the 1H chart reflects a short-term pullback within this trend. - The current price is nearing **support zones** identified from both the daily and hourly charts, presenting a potential opportunity for a bounce.### **Trade Setup: Buy (In Line with the Major Bullish Trend)**#### **Entry Point**:- **Entry Price**: Place a **limit buy order** at **$2,550.00**. - This level sits within a **support zone** indicated on the 1H chart and a Fibonacci retracement level from the recent bullish swing. It represents a potential confluence of price support, where a bounce may occur.#### **Stop Loss**:- **Stop Loss**: Set at **$2,540.00**. - This stop loss is below the key support zone and provides sufficient protection from downside risk. #### **Take Profit (Target)**:- **Target**: **$2,575.00**. - This level is close to a recent high, where high liquidity is expected. The price may face resistance at this point, making it a logical target for an intraday trade.#### **Risk/Reward Calculation**:- **Risk**: $10 per ounce (from **$2,550.00** to **$2,540.00**).- **Reward**: $25 per ounce (from **$2,550.00** to **$2,575.00**).- **Risk-to-Reward Ratio**: **1:2.5** — This provides a favorable risk-reward opportunity. #### **Trailing Stop Loss**:1. **Initial Stop-Loss**: Set at **$2,540.00** when the trade is triggered.2. **Move to Break-even**: Once the price reaches **$2,560.00**, adjust the stop loss to the entry price of **$2,550.00** to eliminate risk.3. **Trail Stop**: As the price moves toward **$2,570.00**, trail the stop loss to **$2,560.00** to lock in profits.4. **Final Adjustment**: If the price reaches **$2,573.00**, move the stop to **$2,565.00** to secure most of the profit. ### **Final Trade Details**:- **Buy** at **$2,550.00** (limit order).- **Stop Loss**: **$2,540.00**.- **Take Profit**: **$2,575.00**.---This trade idea is designed to take advantage of the current retracement in line with the major trend, providing a solid risk-to-reward ratio for an intraday setup. Adjustments to the stop-loss levels are outlined to protect your gains and reduce risk as the trade progresses.

Market Overview:Fractals:The 1D chart shows a continuation of the bullish structure after a breakout from previous resistance.The 1H chart shows fractals that indicate short-term consolidation after recent volatility. This might give a chance for price to retest the lower support before continuing the upward momentum.Trend Direction:The major trend on the daily chart is bullish, confirmed by the breakout above key levels.A retracement or consolidation on the 1H chart provides a good opportunity for an entry aligned with the trend.Trade Idea:Buy Position (in alignment with the overall uptrend)Entry Point:Entry: A limit buy order at $2,565.00.This price represents a retest of a strong support level and previous resistance on the 1H chart. It also aligns with a fractal point and the Fibonacci retracement level (38.2%) from the recent upswing.Stop Loss:Stop Loss: $2,555.00.This stop loss level is below the recent support on the 1H chart, providing enough room for price fluctuations without risking too much capital.Take Profit (Target):Target: $2,585.00.This target is slightly below the recent high. It represents an area where high liquidity and potential resistance may come into play, making it a logical point for an intraday profit.Risk/Reward Calculation:Risk: $10 per ounce (from $2,565.00 to $2,555.00).Reward: $20 per ounce (from $2,565.00 to $2,585.00).Risk-to-Reward Ratio: 1:2 — a solid risk-reward ratio for an intraday trade.Trailing Stop-Loss Adjustments:Initial Stop-Loss: $2,555.00.Move to Break-even: Once the price reaches $2,575.00, adjust your stop to $2,565.00 (your entry point).Trail Stop: As price approaches $2,580.00, trail your stop to $2,575.00 to lock in profits.Final Adjustment: When the price is near the $2,585.00 target, trail your stop to $2,580.00.Final Recommendation:Buy at $2,565.00 (limit order).Stop Loss: $2,555.00.Take Profit: $2,585.00.Trail stop loss for profit protection as outlined above.This trade is aligned with the bullish momentum seen on the higher timeframe and provides a strong risk-to-reward opportunity based on the intraday retracement. But take caution of the major FOMC event.Trade is now active

Here is a new intraday trade idea for Gold Spot (XAUUSD):Trade Setup Overview:Timeframe: 1H chart (for entry and precision) and 1D chart (for trend direction).Market Conditions Overview:Fractals:The fractals on both the 1H and 1D charts suggest a bullish structure with higher highs forming.Major Trend: The 1D chart is showing a clear uptrend, which we want to align with.Trade Idea:Buy Position (in alignment with the uptrend)Entry Point:Entry: A limit buy order at $2,579.00.This price level is a point of confluence with the most recent support zone and is close to the moving average on the 1H chart. The entry is based on a potential retracement from the current high, providing a low-risk entry point.Stop Loss:Stop Loss: $2,570.00.The stop loss is placed slightly below the recent support level on the 1H chart. This gives the trade enough room to avoid premature stop-out while minimizing risk.Take Profit (Target):Target: $2,595.00.This target could be where price may test before experiencing a retracement. Risk/Reward Calculation:Risk: $9 per ounce (from $2,579.00 to $2,570.00).Reward: $16 per ounce (from $2,579.00 to $2,595.00).Risk-to-Reward Ratio: 1:1.77Trailing Stop-Loss Adjustments:Initial Stop-Loss: $2,570.00.Move to Break-even: When price reaches $2,586.00, adjust your stop to $2,579.00 (your entry price), ensuring the trade is risk-free.Trail Stop: Once the price reaches $2,590.00, trail your stop to $2,585.00 to lock in profits.Final Adjustment: Trail the stop further to $2,590.00 as price nears the target at $2,595.00.Volatility Consideration:The market has shown an increase in volatility in recent days, with rapid price movements. The trade has been structured to allow flexibility for small retracements while aligning with the overall bullish momentum seen on the higher timeframe.Final Recommendation:Buy at $2,579.00.Stop Loss at $2,570.00.Take Profit at $2,595.00.Trail stop loss for profit protection as outlined above.This trade follows the higher timeframe trend while aiming for a reasonable short-term profit.Price hit $2586. We shifted our stop loss to $2579 as per our comment 3 hours ago!