Get started

Gold

GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between two weighted levels with a gap above at 2778 and a gap below at 2768. We will need to see ema5 cross and lock on either weighted level to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2778 EMA5 CROSS AND LOCK ABOVE 2778 WILL OPEN THE FOLLOWING BULLISH TARGET 2787 EMA5 CROSS AND LOCK ABOVE 2787 WILL OPEN THE FOLLOWING BULLISH TARGET 2797 EMA5 CROSS AND LOCK ABOVE 2797 WILL OPEN THE FOLLOWING BULLISH TARGET 2808 BEARISH TARGETS 2768 EMA5 CROSS AND LOCK BELOW 2768 WILL OPEN THE FOLLOWING BEARISH TARGET 2757 EMA5 CROSS AND LOCK BELOW 2757 WILL OPEN THE FOLLOWING BEARISH TARGET 2746 EMA5 CROSS AND LOCK BELOW 2746 WILL OPEN THE FOLLOWING BEARISH TARGET 2732 EMA5 CROSS AND LOCK BELOW 2732 WILL OPEN THE SWIG RAGE SWING RANGE 2707 - 2697 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
8
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, Please see update on the weekly chart idea we have been tracking for over a month now and still playing out, as analysed. Previously we stated that the channel top was continuing to provide support like we stated for the past few weeks and. as long as we see no ema5 cross and lock below into the channel, we can safely continue with our plans to buy dips in this range. - This is continuing to play out perfectly. You can see although we had many breaks into the channel with candle over the last few weeks, ema5 failed to break inside, confirming the rejection and providing support above the channel like we stated. Last week we stated that the bounce from the channel was playing out, as analysed and now heading towards our 2729 AXIS gap target above. - This was hit perfectly completing this target. We now have a candle body close above 2729 opening long range/term gap at 2856 and will need ema5 lock to further confirm this. This is the beauty of our channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
6
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing ema5 and price play between two weighted levels with a gap above at 2785 and a gap below at 2747. We need ema5 to cross and lock above or below the weighted Goldturns to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2785 EMA5 CROSS AND LOCK ABOVE 2785 WILL OPEN THE FOLLOWING BULLISH TARGET 2811 EMA5 CROSS AND LOCK ABOVE 2811 WILL OPEN THE FOLLOWING BULLISH TARGET 2836 BEARISH TARGETS 2747 EMA5 CROSS AND LOCK BELOW 2747 WILL OPEN THE RETRACEMENT RANGE 2712 - 2668 EMA5 CROSS AND LOCK BELOW 2668 WILL OPEN THE SWING RANGE SWING RANGE 2665 - 2633 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
5
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone, Please see the daily chart update we have been trading and tracking for a while now, to give you all an overall view of the range. Last week we stated that we have a candle body close above 2686 opening 2760 and we now also had ema5 lock to further confirm this gap This was hit perfectly last week completing this target and allowing plenty of time after the confirmation to get in for the action. We now have a candle body close above 2760 with a gap above at 2797 and will need ema5 lock to further confirm this. We will use our smaller timeframe analysis on the 1H and 4H chart to buy dips from the weighted Goldturns for 30 to 40 pips clean. Ranging markets are perfectly suited for this type of trading, instead of trying to hold longer positions and getting chopped up in the swings up and down in the range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up using our smaller timeframe ideas. Our long term bias is Bullish and therefore we look forward to drops like this, which allows us to continue to use our smaller timeframes to buy dips using our levels and setups. Buying dips allows us to safely manage any swings rather then chasing the bull from the top. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
4
Gold can rise a little and then drop to support levelHello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price made an upward impulse from the support line of the triangle and rose to the resistance line, breaking the support level, which coincided with the buyer zone. Then Gold turned around and made a correction movement to the support level, where it some time traded and then rebounded up from the support line of the triangle. Price rose to the current support level, thereby exiting from the triangle, and then started to decline inside the wedge. Gold fell to the support line, which is located in the buyer zone, and then started to grow. In a short time, the price broke the 2615 level, after which made a correction to the support line and then continued to move up. Later, Gold rose to the resistance line of the wedge and broke it, thereby exiting from the wedge pattern and then in a short time rose to the current support level. Soon, the price broke this level and continued to move up next. So, I think that Gold will make a small move up and then drop to the support level. That's why I set my TP at 2725 level. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
7
GOLD → A U-turn? Medium-term targets. Up ahead, 2790FX:XAUUSD is taking advantage of the dollar correction and almost reaches ATH 2790. The chance of updating the maximum is quite high, but there are a few “BUTs”. Let's talk about the medium term and possible targets Economically, the coming week will be quite important, there will be decisions on the Fed Funds rate , US GDP and PCE . If the rate remains unchanged and the Fed's rhetoric is tough, this could put pressure on gold, a softer policy would support the metal, as would a slowdown in GDP growth if supported by actual data. PCE data may indicate that inflationary pressures remain. If the data is better than expected, it will strengthen the chances of further Fed rate hikes, which in turn will support the dollar and reduce demand for gold. Technically, the price is heading towards 2790 and the chance of reaching this target is quite high, but the potential for further upside after breaking the resistance is not there yet as there is no energy to do so. A strong move of 8% (since December 18) could easily be stopped by the resistance level ahead and gold could go into correction or consolidation Resistance levels: 2790 Support levels: 2762, 2750, 2735 Overall, expected economic data points to support for the Dollar, which could put pressure on gold. Highlights for Gold are FOMC results and GDP data, as well as unexpected deviations from the forecast in economic data, which could change the current dynamics. What to expect from the price? Most likely, after a correction to 2762 (liquidity zone), growth will resume and the price will head towards the most important target at the moment - 2790. The one and a half month rally may end with a false breakout of 2790 and the beginning of correction. I am not talking about the trend reversal yet, as we should follow the market reaction to the general situation. Zones of interest within the correction may be several local and several global zones: Local targets (if bullish): 2762, 2735 Medium-term targets (if trend change is confirmed): 2714, 2689, 2643 Regards R. Linda!
OANDA:XAUUSDShort
by RLinda
3
Gold Breaks Uptrend Line! Is a Reversal or New ATH Coming?The mixed PMI data(Flash Manufacturing and Flash Services) from the U.S. reflects contradictory signals, likely leading to short-term Gold price volatility without significantly affecting its main trend . What is your idea!? -------------------------------------------------- Gold ( OANDA:XAUUSD ) is moving in the Potential Reversal Zone(PRZ) and Time Reversal Zone(TRZ ) and managed to break the Uptrend line . According to the theory of Elliott waves , it seems that 5 impulsive waves have ended, and we have to wait for corrective waves . Another sign of Gold correction can be the formation of a Shooting Star Candlestick Pattern ( with high volume ) and, next to it, a confirmation candle in the 1-hour time frame . Educational Tip: The larger the volume of the candle, the more valid the candle and the pattern it forms. Also, we can see the Regular Divergence(RD-) between Consecutive Peaks . In terms of Classical Technical Analysis , we can expect the formation of a Head and Shoulders Pattern . ( It is better to wait for the formation of the right shoulder ). I expect Gold to attack the Support zone($2,764-$2,757) and Uptrend lines soon , and if they break, we can expect Gold to fall to the Support lines . Can Gold make a new All-Time High(ATH)!? Please share your ideas in the comments. Note: We can expect more pumps if Gold goes over $2,794. Be sure to follow the updated ideas. Gold Analyze ( XAUUSD ), 1-hour time frame. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
5
GOLD → Ahead of ATH. How can price react to resistance?FX:XAUUSD is updating its highs and is gradually approaching ATH. Before the last spurt consolidation or correction may be formed, but chances of reaching ATH are quite high. Gold price continues its bull run amid uncertainty in Trump's trade policy and expectation of PMI data in the US. Market participants are seeking protection in gold due to global growth fears related to trade conflicts and rate policy. The hawkish stance of the Bank of Japan and dollar weakness also support the metal. However, a pullback is possible on Friday due to profit taking ahead of US GDP data and the Fed decision. Technically, there is a strong resistance zone at 2790 - istric high ahead. A false break of the resistance may trigger a profit-taking and subsequent correction. Resistance levels: 2790 Support levels: 2770, 2762, 2750 Before reaching the ATH, the price may form a retest of the support at 2762. But, the main focus is on the historical maximum. The chance of reaching the target is very high, but watch the price reaction to the resistance. False breakdown may provoke a deep correction. Regards R. Linda!
FX:XAUUSDLong
by RLinda
16
GOLD (XAUUSD): Support & Resistance Levels For Next Week Here is my latest structure analysis for Gold for next week. Vertical Structures Vertical Support 1: Rising Trend Line Horizontal Structures Resistance 1: 2786 - 2790 area Support 1: 2718 - 2732 area Support 2: 2689 - 2698 area Support 3: 2655 - 2663 area Support 4: 2614 - 2635 area Support 5: 2596 - 2605 area Support 6: 2583 - 2585 area Consider these structures for pulback/breakout trading. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDShort
by VasilyTrader
2
Gold - This Resistance Decides Everything!Gold ( TVC:GOLD ) is retesting massive resistance: Click chart above to see the detailed analysis👆🏻 All bullruns will eventually end with a consolidation or a correction but on Gold it is clearly not certain whether this bullrun is actually over or not. We are seeing a lot of indecision price action lately but in order to turn bullish, Gold has to break this resistance. Levels to watch: $2.700, $2.000 Keep your long term vision, Philip (BasicTrading)
TVC:GOLDShort
by basictradingtv
16
XAUUSD Analysis: Potential Bearish Pullback Towards Key Support📉 XAUUSD Daily Analysis 🔍 🚨 Potential for a Bearish Pullback 🚨 Gold (XAUUSD) is showing signs of a potential downward move after rejecting a key resistance level. If this momentum continues, we could see the price heading towards the support zone at 2680/2670. 💡 Key Insights: 📌 Market rejection at resistance = possible bearish momentum. 📌 Target support area: 2680/2670. 📌 Risk Management: Stick to 1-2% risk on trades. ⚠️ Historical Note: When the market last hit an all-time high, it saw a sharp one-day drop. Stay cautious! 💬 Disclaimer: This is for educational purposes only. Always trade responsibly and manage your risk effectively.
OANDA:XAUUSDShort
by MrStellanSight
1
GOLD ROUTE MAP UPDATEHey Everyone, Once again another PIPTASTIC performance!! Not only did we clear all our targets but we were able to get in for the action well in advance with our cross and lock confirmation. After completing 2717, 2737 and 2753, we stated that 2768 was left open with cross and lock confirmation. This was hit perfectly today followed with a further cross and lock above 2768 opening 2786. This is now hit, completing this chart idea for a perfect finish to the week!!! We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead. Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
29
$XAUUSD: Gold firing on all cylindersSeems like OANDA:XAUUSD triggered a weekly up trend again, you can see it has been trending up strongly since I called the long term trend in Gold would take place a while back (see related ideas). Trump's ideas regarding inflation and rates might influence the Federal Reserve's actions going forward, perhaps the market is pricing this in now. Historically, precious metals move in correlation to real interest rates, that is, inflation adjusted interest rates. At times, Gold might be affected by broad scale deleveraging at times of market stress, since it acts as collateral for many investors, or it might be bought as a hedge for geopolitical risk. In normal periods, real rates influence price the most. Best of luck! Cheers, Ivan Labrie.
FOREXCOM:XAUUSDLong
by IvanLabrie
Gold XAUUSD | SELL After Elliot's 5-WaveWave Analysis: Wave 1 (Initial Upswing): Price moved from 2661 to 2723, marking the start of the bullish trend. This wave is typically smaller as the market begins to establish direction. Wave 2 (Correction): A corrective pullback, retracing part of Wave 1. Price moved down but respected the Fibonacci retracement zone (likely between 50% and 61.8%). Wave 3 (Strong Upswing): The strongest and most extended wave, moving from 2695 to 2759. This wave aligns with higher momentum, reflecting a surge in bullish sentiment. Wave 4 (Consolidation): A sideways or shallow pullback, correcting Wave 3. This wave is less aggressive than Wave 2, often reflecting profit-taking and market indecision. Wave 5 (Final Push): The last leg of the upward impulse, with prices rising from 2743 to 2786. Momentum begins to weaken, and divergences on indicators like RSI or MACD might appear, suggesting exhaustion of the trend. Current Market Outlook: Trend Exhaustion: The completion of Wave 5 at 2786 suggests that the bullish trend is nearing its end. The possibility of a trend reversal or a corrective move downward is high. Potential Correction: After the completion of the impulsive wave, an A-B-C corrective structure is likely to unfold. Wave A could lead to an initial sell-off. Wave B might be a temporary rebound or retracement. Wave C would finalize the correction, potentially testing the 2661 level (Wave 1 origin). Key Support Levels: 2743 (Wave 5 origin): The first major support. 2695 (Wave 3 origin): The second support level to watch for. 2661: A full retracement target if the correction deepens. Resistance: 2786 (Wave 5 high) remains the key resistance level. A break above this might indicate an extension of the bullish trend. Trading Signal: Sell Entry: Upon confirmation of a break below 2743. Targets: First Target: 2710 (Wave 4 area). Second Target: 2695 (Wave 3 origin). Third Target: 2661 (Wave 1 origin). Stop-Loss: Above 2786 to avoid risk from a potential upward extension. Alternate Scenario: If prices break and sustain above 2786, it could indicate the continuation of the bullish trend. Look for further upside toward 2800–2820. Conclusion: Gold appears to have completed its five-wave impulsive structure. The next likely scenario is a corrective A-B-C wave formation or a trend reversal. Monitor key levels and confirmation signals before executing trades.
OANDA:XAUUSDShort
by Quinn901
GOLD FURTHER SELL OFF?! (UPDATE)Gold has pushed up extremely bullish today, so far 320 PIPS. It has stayed below the last ATH of $2,790 keeping the market structure valid so far. BUT, it has surpassed the important price point of $2,780 which makes market structure very difficult to navigate right now. I'm waiting on the weekly candle closure to get a better idea of what Gold could possibly do next. The next few trading days should develop price action & make future direction more clear. Being patient right now.
OANDA:XAUUSDShort
by BA_Investments
1
GOLD Is Bearish! Short! Please, check our technical outlook for GOLD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2,770.874. Taking into consideration the structure & trend analysis, I believe that the market will reach 2,759.181 level soon. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
OANDA:XAUUSDShort
by SignalProvider
1
Gold hits record high: Is a reversal coming?📉 Gold Returns to All-Time High: Is a Major Correction on the Horizon? 🔍 Strong Reaction at Historical Highs Gold has returned to its all-time high zone, and as it touched this level, prices have seen a significant reaction, dropping $20 to around $2,770. On the H4 timeframe, candles show strong selling pressure at the highs, signaling a potential deeper correction. As the market opens next week (Monday), there is a high likelihood of a GAP (price gap) forming on smaller timeframes due to the current momentum. 📊 Technical and Fundamental Insights Double Top Formation: Gold shows signs of forming a Double Top pattern at its historical peak. Combined with technical signals, this suggests a possible short-term corrective wave. Crucial News from FED and Trump: Next week, the market anticipates critical updates from the Federal Reserve (FED) regarding interest rate policies. President Trump’s fiscal and monetary policy announcements could also drive significant volatility in gold prices. Low Liquidity Conditions: With many Asian nations entering their Lunar New Year holidays, market liquidity is expected to decline, potentially leading to heightened volatility. 🌟 Price Behavior Analysis Based on insights from DXY, SWAP CHARGE, and FVG analyses: DXY Weakness: While DXY's weakness supports gold, heavy selling pressure near the highs indicates a possible corrective phase. SWAP CHARGE Shifts: The shift from buying to selling suggests that selling pressure is currently dominant, supporting the likelihood of a gold correction. 💡 Key Levels to Watch Next Week Resistance: $2,786 - $2,790: This is the previous all-time high and a critical resistance level. A breakout above this zone could trigger a stronger bullish trend. Support: $2,758 - $2,735 - $2,718 - $2,694: These are the major support zones to monitor in case of a deeper correction. 📢 Conclusion: Given the current dynamics, gold appears poised for a potential correction after testing its all-time highs. This aligns with technical signals and fundamental developments. Traders should closely monitor key levels and upcoming announcements from the FED and President Trump to stay ahead of market movements. 👉 Follow KevinNguyen-SimpleTrade for more in-depth analysis and market updates! 🚀
OANDA:XAUUSDShort
by KevinNguyen-SimpleTrade
Weekly and Monday analysis for Nasdaq, Oil, and GoldNASDAQ NASDAQ closed lower, finding support at the 5-day moving average. Last Friday unfolded as expected, with a correction to the 5-day line being part of the wave pattern, making a sell-oriented approach the best strategy for the day. The downward wave emerged in the afternoon rather than during the pre-market, resulting in extended consolidation. On the weekly chart, it formed a bullish candle, reaching the upper range of the box zone; however, the MACD has yet to fully cross above the signal line. This week, the area between the 3-day and 5-day moving averages (20,800–20,600) could act as a short-term pullback buying zone. If this area fails to hold and prices close lower with a bearish candle, the market might revert to maintaining a wide-ranging box zone. Therefore, it's crucial to close the week with a bullish candle to confirm a buy signal. On the daily chart, the MACD and signal line are positioned above the zero line, indicating that buying pressure could persist. However, the Bollinger Bands are narrowing, suggesting that significant additional surges are unlikely. A short-term correction perspective is advisable. If prices fail to decisively break above the 3-day moving average near 21,950, a correction to the 10-day moving average should be considered. The 240-minute chart shows the emergence of a long bearish candle forming a double top. If Friday’s low at 21,844 is breached, there’s a strong likelihood of filling the gap created on January 22. The MACD and signal line still show a significant gap from the zero line, so there could be support and a rebound at the lower levels. In summary, while a short-term sell perspective is advisable, buying opportunities could emerge near the gap-filling zone around 21,700 during pullbacks. OIL Oil closed higher at $74, finding support and forming a bullish daily candle for the first time in six trading sessions. This bounce establishes a foothold at the key support level of $74. On the weekly chart, prices found support at the 5-day moving average. Although the MACD has crossed above the zero line, the signal line is still slightly below it. If a bullish candle forms this week, it will confirm a buy signal on the weekly chart, favoring buy-oriented strategies. On the daily chart, prices could rise again, finding support at the 20-day moving average. However, the sharp downward angle of the recent decline from $79 and the ongoing sell signal from the MACD indicate that any rally may face resistance and pullbacks. If prices rebound to the $77–$78 range, there is a high probability of a pullback. The $74–$79 range is likely to hold, with a period of consolidation allowing moving averages to converge. On the 240-minute chart, bullish divergence is forming near $74, and the MACD is on the verge of generating a buy signal. A buy-oriented strategy on pullbacks is advisable. GOLD Gold closed higher with an upper shadow on the daily candle. On the weekly chart, prices reached the upper Bollinger Band. The MACD, however, has yet to achieve a golden cross above the signal line, keeping the sell signal intact. A strong rally with a long bullish candle would be required to confirm a buy signal. If additional upward momentum fails and prices start to decline, the MACD may turn downward again. The current gap between the MACD and signal line suggests that an immediate buy signal might not be achievable. On the daily chart, buying pressure remains strong, and as long as the 10-day moving average holds, a one-way buying trend is likely. On the 240-minute chart, resistance is evident at higher levels, and divergence in the MACD could occur. It’s advisable to avoid chasing prices higher. Given the staircase-like upward movement, a buy-oriented approach on pullbacks is recommended. This Week’s Key Events: FOMC meeting (Wednesday) Tesla and Meta earnings reports (Wednesday) Apple earnings report (Thursday) Expect heightened volatility on Wednesday and Thursday. Good luck with your investments this week! ■Trading Strategies for Today NASDAQ - Range-bound Market -Buy: 21,850 / 21,785 / 21,720 / 21,630 / 21,530 -Sell: 21,970 / 22,010 / 22,055 / 22,105 OIL - Range-bound Market -Buy: 74.15 / 73.40 / 72.80 / 72.40 -Sell: 75.20 / 75.95 / 76.40 / 77.10 GOLD - Bullish Market -Buy: 2,774 / 2,768 / 2,762 / 2,752 -Sell: 2,782 / 2,793 / 2,799 / 2,816 These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks. If you liked this analysis, please follow me and give it a boost!
CME_MINI:NQ1!
by Futureguard