XAU/USD (Gold AnalysisMy Analysis About XAU/USD (Gold vs. USD) on a 4-hour timeframe.
The price is moving within a defined upward channel, with key support and resistance levels highlighted.
Support Level: Positioned around 2665–2675, serving as a price floor.
Resistance Levels: The first resistance level is at 2730, while a stronger level is at 2750–2785.
Trade Idea: The price is currently retesting a minor support near 2700. A potential breakout above the immediate resistance at 2730 may target 2750 (TP 1) and 2785 (TP 2).
Trend Outlook: A bullish continuation is anticipated if the price remains above the support zone.
Note This Analysis Only For educational purpose only!
Goldanalaysis
Gold Buy Signal: Bullish Momentum Alert! The gold market is on 🔥 with strong bullish momentum dominating the charts! 📈 We’ve identified a powerful upward channel that’s guiding prices higher, supported by impeccable price action setups.
Key Highlights:
✨ Price is breaking key levels with confidence, signaling continued strength.
✨ Uptrend intact, with no signs of slowing down.
✨ Perfect entry opportunity to ride the wave as the market pushes toward new highs.
📌 Don’t miss out on this golden opportunity—secure your position now and capitalize on the ongoing rally! 💰
Jan 21,2025 Gold IdeaTrading Strategy www.tradingview.com
January 21, 2025
Gold held its ground above 2703–2706 USD/oz yesterday, leading to a breakout at 2711–2712 USD/oz during the Asian session. This bullish signal suggests favoring Buy trades for today.
Key Levels
Support Levels:
2711–2712 USD/oz
2703–2704 USD/oz
Resistance Levels:
2733–2735 USD/oz
1. Buying Opportunities (Bullish Continuation):
Enter Buy positions if the price stays above 2711–2712 USD/oz.
Initial target: 2733–2735 USD/oz
Extended target: 2749–2750 USD/oz
Place a Stop Loss below 2708 USD/oz.
2. Pullback to Support Levels:
If the price retraces to 2703–2704 USD/oz, look for a strong rebound to enter Buy positions.
Target: 2711–2712 USD/oz and beyond.
Set a Stop Loss below 2700 USD/oz.
3. Breakout Above Resistance:
If the price breaks above 2735 USD/oz with strong momentum, consider additional Buy positions.
Target: 2749–2750 USD/oz.
Place a Stop Loss below 2730 USD/oz.
GOLD can jump down more .. Gold is showing signs of potential downside movement, suggesting that bearish pressure could dominate in the near term. Traders should remain vigilant and closely monitor key support levels to confirm the next direction. While the current trend hints at a possible drop, unexpected volatility could still influence the market, making it essential to adopt a cautious approach. Proper risk management and careful analysis are crucial to navigating this environment effectively.
XAUUSD TECHNICALLY ANALYSIS RETIREMENT TRADEHello trader's. What do you think about gold
Current price: 2690.
Gold I think so ready to Retrecement gold today not breakout 2697 so now this is resistance zone 2696 and first support 2675. And 2664
Resistance zone: 2696.2700
Support zone: 2675
Demand zone: 2664
Please don't forget to like comments and follow
Gold Next Expected Move as respecting to Elliott WaveHello Traders!
Gold is Respecting well to Elliott Wave as all we know that its time for corrective moves in gold and on Thursday 09/01/2025 gold took good move in upside direction. its the clue for strong bearish trend as Elliott wave also expecting till 2487 which is very good move for sellers.
Chart Pattern also showing bearish trend as we can see double top and rising wedge in H4 and expecting target of 2571 which is also good move almost 1000 pips.
Support: 2649.300
Resistance: 2695.600
Key Level: 2670
Looking for good selling area to take entry till that i will wait and will not rush in this situation we can see selling area from 2676-2681
Traders if you like my idea then kindly support my idea and follow me for more analysis
The upward trend will continue, target: 2670-2680Gold affected by bearish PMI data, initially pulled back to the 2642 level before rebounding sharply to a high of 2656. It has since slightly retreated but remains in a consolidation phase overall.
While gold's short-term bullish momentum has weakened somewhat, it is unlikely to establish a new downtrend in the near term. Recent pullbacks have consistently preserved the bullish structure, and during the rebound attempts yesterday and today, two long lower wicks have formed on the candlestick charts, signaling strong buying support below. Therefore, gold remains poised to break above the recent high of 2665 after this consolidation phase and extend its rally toward the 2670-2680 zone, or potentially even 2690.
Following today’s trading strategy, I entered a long position on gold at 2640 and manually closed it around 2659 to secure profits. Although I missed the opportunity to go long near 2642 after the PMI-driven pullback, I observed the formation of a W-bottom pattern on the 5-minute candlestick chart. This prompted me to re-enter a long position around 2646, and, given gold's current consolidation phase, I promptly closed the position at 2652 to lock in profits.
For upcoming trades, the candlestick chart shows an upward bias, and we will continue to prioritize long positions in short-term trading. However, the key support zone to watch has now shifted higher to the 2645-2635 range.
Bros, have you followed me and made a profit by going long gold? There will still be opportunities to participate in the long gold trade later. If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Gold is Ready to Attack to Heavy Support zone!!!Gold ( OANDA:XAUUSD ) seems to have managed to break the 100_SMA(Daily) , the Support zone($2,613-$2,608) , and the lower line of the ascending channel and is currently moving in the Heavy Support zone($2,605-$2,584) .
According to the theory of Elliott waves , Bitcoin seems to be completing the main wave 5 .
In terms of Classical Technical Analysis , with the breaking of the lower line of the ascending channel, we can also see the Bearish Flag Pattern well in the higher time frame .
I expect Gold to GO down at least as wide as the ascending channel and go down to the Potential Reversal Zone(PRZ) and 21_SMA(Weekly) .
⚠️Note: If Gold breaks the 100_SMA(Daily) and Resistance lines, we should expect Gold to rise further.⚠️
🔔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.
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 2639 and a gap below at 2617. 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
2639
EMA5 CROSS AND LOCK ABOVE 2639 WILL OPEN THE FOLLOWING BULLISH TARGET
2666
EMA5 CROSS AND LOCK ABOVE 2666 WILL OPEN THE FOLLOWING BULLISH TARGET
2691
EMA5 CROSS AND LOCK ABOVE 2691 WILL OPEN THE FOLLOWING BULLISH TARGET
2719
BEARISH TARGETS
2617
EMA5 CROSS AND LOCK BELOW 2617 WILL OPEN THE FOLLOWING BEARISH TARGET
2593
EMA5 CROSS AND LOCK BELOW 2593 WILL OPEN THE SWING RANGE
SWING RANGE
2570 - 2551
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
Gold Technical Analysis: Potential Bounce Within a ChannelThe provided chart shows a clear bullish structure, with Gold trading within an ascending channel on the daily timeframe.
However, recent price action indicates a pullback from the channel's upper resistance. Below is the detailed analysis:
Price Structure: Gold has been respecting the boundaries of the ascending channel, with higher highs and higher lows confirming the bullish trend.
Internal Trendline: The internal trendline has been tested and temporarily broken, leading to the ongoing retracement.
Support Zone: The price has reached a significant horizontal support zone ($2,530-$2,490), coinciding with the lower boundary of the channel. This area is expected to act as a strong support for a potential rebound.
Scenario 1 (Bullish Rebound): If the price bounces from the current support zone, it could retest the key resistance at $2,700 and potentially aim for the channel's upper boundary.
Scenario 2 (Bearish Breakdown): A confirmed break below $2,490 could invalidate the channel and lead to further downside movement, targeting lower support zones around $2,300.
GOLD SELLING ZONE WITH CPI AHEAD 4HRHELLO TRADERS
As I can see Gold on shorter TF it could drop till these levels bestselling zone drawn based on technical re-test after breakout to downside on channel and tested fib Golden ratio 0.50 Friends chart is easy and simple to read technically we can see a stronger DXY pulling toward 106.00 levels geopolitical issue are going on but technically its was overbought and Weekley RSI above on 70 zone incoming strong CPI Data can make some volatile moves in markets this week Russian president Putin Continue talk with Trump on Ukraine War Friends it's just a trade idea only based on technical analysis share Ur thoughts with us and Stay Tuned for more updates
Gold Analysis==>>Falling(Signs)Today's data release included the Core PCE Price Index , Employment Cost Index (ECI) , and Unemployment Claims . Core PCE, the Fed's key measure of inflation, saw slower-than-expected growth, suggesting some cooling in consumer prices. This could lead to a potential moderation in the Fed's rate policy if inflationary pressures continue to ease.
The ECI also grew slower than forecasts, indicating wage growth remains somewhat controlled, which also alleviates inflationary concerns. Meanwhile, the higher-than-expected unemployment claims hint at challenges in the labor market.
According to the recent economic data and the possible reduction of inflationary pressures, the desire to reduce the interest rate has increased, and this has caused the price of gold to decrease . Gold ( OANDA:XAUUSD )is attractive as a safe-haven asset in times of high inflation, and deflation has reduced its demand.
Regarding Technical Analysis , Gold started to fall, as I expected in the previous post.
According to the Elliott wave theory , Gold has completed main wave 5 , and we should wait for Corrective Waves .
One sign of a further decrease in Gold can be the formation of a Bump and Run Reversal Top Pattern , which is currently in the Run phase .
I expect Gold to continue its downward trend due to the high momentum of the decline experienced in the previous hours. Drop targets can be the Support zone($2,720-$2,708) in the first step and then the Lower line of the Ascending Channel .
🔔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.
Gold Analysis==>>Correction Time!!!Gold( OANDA:XAUUSD ) entered the Potential Reversal Zone(PRZ) , as I expected in the previous post . ( The Long position is closed. )
Gold is moving near the Upper lines of Ascending Channels .
According to Elliott's wave theory , Gold is completing microwave 5 of microwave 5 of main wave 5 . So we have to wait for the CORRECTION .
Also, Regular Divergence(RD-) between Consecutive Peaks .
I expect Gold to decline to at least the lower line of the ascending channel(Big) and the Support zone($2,686-$2,666) after breaking the lower line of the ascending channel(Small) .
⚠️Note: If Gold can form a 4-hour candle above $2,800, we should expect gold to increase and pump again.⚠️
🔔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.
GOLD BUY FORM HERE FOR NEW ATH !!Hello how are you doing friends and traders
I am watching GOLD CAREFULLY after Jackson Holes Fed announced a rate cut in Sep 2024
technically gold is showing us more bullish weeks ahead after Fed cut 50BP or 25BP sign for more rates cut in coming months... If we see a Fib retrace after ATH till Golden Fib Ratio 0.5 then it's time to retrace if we see good NFP incoming week with good data output it can hit given sell targets and in mid Sep when Fed Cut rates we expect a bull move in commodities as we saw in previous rate cuts and incoming US Election an opportunity for this year it is just analysis on base of fundamental and technical view do a proper search before entering any trade...
Gold Analysis==>>Bollinger Bands!!!Gold ( OANDA:XAUUSD ) moved, as I expected in my previous post .
Gold is moving near the Resistance zone($2,686-$2,670) and within the Bollinger Bands Indicator ( we can consider the upper and lower lines as Support and Resistance ).
What is Bollinger Bands Indicator!?
Bollinger Bands is a technical indicator used to measure market volatility. It consists of three lines:
Middle Band: A simple moving average .
Upper Band: Two standard deviations above the moving average.
Lower Band: Two standard deviations below the moving average.
When prices hit the upper band, the asset might be overbought; hitting the lower band suggests it could be oversold. Tight bands indicate low volatility, while wide bands show high volatility. It helps identify potential entry and exit points in the market.
According to the Elliott wave theory , Gold seems to have completed 5 impulsive waves . We should expect the Corrective waves to finish and Gold to start increasing again.
I expect Gold to start rising again after hitting the lower line of the Bollinger Bands or 50% Fibonacci line and attacking the Resistance lines .
🔔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.
Gold's divergence from lows & a leap back to the high sky today?
As I now know that Cryptocurrency has broken upwards & out of its tight ranges, well for now at least as it's a very volatile beast, Crypto, & the whole lot of it; my focus has swapped to Gold and Silver prices and I see that both have upside potential of their own, especially during Tuesday Asian trading when I was watching both at the bottom of their 15m triangle patterns and both ended with dignity taking a leap upwards in price.
There are 15M Buy-order blocks that extend down to 2636.30 approximately, but I would not expect price to break-down that much more, given gold's general supremacy and standing in the world at present.
The Gold price has pretty much been in a slightly corrective and smallish price-range for the past 4 weeks. I think another leg-up might commence soon.
GOLD 1H ROUTE MAP UPDATEHey Everyone,
Another great day on the chart today allowing us to buy dips inline with our analysis.
Our bearish target on this chart complete at 2650 and just our full bullish target at 2674 still open giving us the confidence to buy dips
2650 is currently providing support for the bounce. However, we also need to keep in mind that although we had the move into the retracement zone also giving us the bounces, as highlighted with the arrow on the chart; the full retracement range is still open. We need to keep this in mind when managing risk for the extended range between 2674 and 2620 .
We will need to wait for the 2674 test, followed with ema5 cross and lock above 2674 to confirm the range above or failure to lock above will see price test the lower Goldturns and the weighted Goldturns for the bounces, allowing us to take advantage of the bounces.
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
2674
EMA5 CROSS AND LOCK ABOVE 2674 WILL OPEN THE FOLLOWING BULLISH TARGET
2694
POTENTIALLY 2716
BEARISH TARGETS
2650 - DONE
EMA5 CROSS AND LOCK BELOW 2650 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2620
EMA5 CROSS AND LOCK BELOW 2620 WILL OPEN THE SWING RANGE
SWING RANGE
2588 - 2558
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
Gold Roadmap!!!Gold started to increase after the tension between Lebanon and Israel , and maybe the price of Gold increased more than expected , so that it even went a little higher than the important resistance line, bu t this increase was in the form of a fake break .
Gold is currently moving towards the Support zone($2,600-$2,580) and breaking the Uptrend line .
According to the Elliott wave theory , Gold seems to have used an Ending Expanding Diagona l to complete the main wave 5 . The Ending Expanding Diagonal usually comes at the end of wave 5 .
Also, Regular Divergence (RD-) between Consecutive Peaks .
I expect Gold to continue to fall in the coming hours and days after breaking the Uptrend line , at least to the Support line , and I expect this fall to be even more. Of course, the conditions of the Middle East can change the direction of gold movement at any moment.
Gold Analyze ( XAUUSD ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Rate Cut Expectations Boost Gold TO 2700$ NEW ATHHELLO TRADERS!
As I can see market participants now see a nearly 50% chance of a 50-basis-point rate cut, up from 14% earlier in the week. Comments from former Fed officials and the market’s appetite for deeper cuts have intensified speculation that the Fed may take more aggressive action. This has fueled gold’s rally, with lower rates generally increasing the appeal of non-yielding assets like gold.
U.S. Dollar and Bond Yields Support Gold’s Rise
Despite the rally in gold, the U.S. Dollar Index gained slightly this week, closing at 101.114 with a 0.07% increase. However, the expectation of future rate cuts tempered the dollar’s momentum, keeping gold prices strong. Additionally, bond yields fell, with the 10-year Treasury dropping 2.1 basis points. As bond yields decline, the opportunity cost of holding gold diminishes, bolstering its attractiveness as a safe-haven asset.
Global Monetary Easing and Central Bank Demand Drive Gold Higher
The European Central Bank (ECB) also cut interest rates this week, contributing to global monetary easing and reinforcing gold’s strong uptrend. Central banks, particularly in emerging markets, have been increasing their gold reserves, further supporting prices. With the Fed likely to follow suit, the demand for gold is expected to remain robust in the short term.
Next Week’s Forecast: Fed Meeting in Focus
Looking ahead, all eyes are on the Federal Reserve’s policy meeting scheduled for next Tuesday and Wednesday. The market widely expects a rate cut, marking the Fed’s first reduction since 2020. While the consensus is for a 25-basis-point cut, there remains a significant 49% chance of a larger 50-basis-point reduction. A larger cut would likely drive gold prices higher, potentially pushing them towards $2,600 per ounce.
Moreover, the Fed will provide updated projections on future rate cuts, which could signal further monetary easing through 2024. The Fed’s success in bringing inflation near its 2% target while avoiding a severe recession will be pivotal in determining its next moves. If inflation continues to moderate and the labor market weakens, additional cuts could be on the horizon, further supporting gold’s bullish outlook. technically chart is also crystal clear its just a trade idea
Dear traders Support the idea it will help many other traders and share ur thoughts with us in comment Stay Tuned for more updates ....
Gold Analysis==>>End of the Rally!!!Gold entered the Potential Reversal Zone(PRZ) , as I expected in the previous post .
According to the Elliott wave theory , Gold has succeeded in completing the main wave 5 . One sign of this completion is the breaking of the Uptrend line .
Also, Regular Divergence (RD-) between Consecutive Peaks .
It should be noted that the Flash Manufacturing/Services PMI will be published today, and we expect Gold to react when it is published .
I expect Gold to drop at least $2,590 in the next hours, and if the Support line breaks, we should wait for Gold to drop to the Support zone($2,574-$2,560) .
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.
DAILY CHART UPDATEHey Everyone,
Please see update on our daily chart structure that we have been tracking and trading successfully for a while now.
After hitting and completing our final target at 2521 multiple times last week, we stated that we will now look for either a candle body close or ema5 lock above 2521 to confirm 2566.
We have the candle body close above 2521 for the gap to 2566. Ema5 lock would further confirm and strengthen this gap.
We have to also keep in mind that we have a support range below at 2464 - 2405 for longer range support areas to buy strategic dips if the corrections take place before completing gaps above.
We will use smaller timeframe analysis and trading plans to navigate the range in true level to level fashion.
Our long term bias is Bullish and therefore we will 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