GOLD UPDATES A meaningful patience for Longs, I bet you getting in before the zone. Lets get in the trade at this price level. 2613.
Sl at your own risk.
See the targets above. atleast 2.31 fibs or 2900$ per ounce of GOLD.
This is only view. This is not a financial advice either.
Trade with caution. trade with stoploss. Follow for more Longterm/Swing trades.
As the FED says -0.25%. we see a higher GOLD prices before year end or starting of the Year 2025.
Goldprediction
GOLD IS GOING BULLISH ALLOW IT TO TOUCH LINE 2719.730✅Smart Money Concept
Gold price (XAU/USD) reached a fresh one-month high during Thursday’s Asian session but struggled to sustain momentum above the $2,700 mark. Diminished worries over U.S. President-elect Donald Trump's proposed trade tariffs and the anticipation of two potential Federal Reserve rate cuts this year have fueled positive market sentiment. However, a slight uptick in the U.S. Dollar (USD) has constrained further gains for the safe-haven asset.
SET UP GOLD PRICE:
BUY GOLD zone: $2678.479 - $2673.696 SL $2668.682
TP1: $2684.471
TP2: $2690.235
TP3: $2696.253
SELL GOLD zone: $2719.730 - $2723.622 SL $2729.470
TP1: $2713.175
TP2: $2706.151
TP3: $2699.870
Note:
FrankFx advises traders to manage their capital wisely:
- Adjust the number of lots to match your capital.
- Set Take Profit at 3-6% of your account balance.
- Set Stop Loss at 2-3% of your account balance.
Gold is in the bullish direction after correcting the supportHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GOLD - Long active !!Hello traders!
‼️ This is my perspective on GOLD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. I expect bullish price action after price rejected from trendline + LZ. As well we have a hidden divergence for a buy.
Fundamental news: Tomorrow (GMT+2) we will see results of yearly and monthly CPI on USD, news with high impact on currency.
Like, comment and subscribe to be in touch with my content!
Gold XAU/USD Analysis Hello Guy's Support Me And Share your Thoughts in Comments Section Thanks
In My Overview Of Gold (XAU/USD) an upward trend, with a key support Zone Near $2,660. Price Action indicates Potential Bullish Momentum, Targeting Take Profit levels at $2,698 (TP1) and $2,513 (TP2). A breakout above The Resistance Zone Could Confirm Further Upward Movement, Supported by the Ascending Trendline. Traders should Monitor For Pullbacks to support as potential entry Points. \
NOTE: This Analysis For Educational Purpose Only
XAU/USD (Gold vs. USD) Analysis Hello Guy's Must Support Me And Share Your Thoughts In Comments Section Thanks Trade Safely
XAU/USD (Gold vs. USD),
Bullish trend moving within an ascending channel. Key elements of the analysis include:
1. Support and Resistance Zones:
Strong support is marked near the $2,665 - $2,657 range, indicating buying interest.
Resistance zones are around $2,710 - $2,735, aligning with the projected take-profit (TP) target.
2. Trend Channel:
The price is consistently moving within a bullish channel, suggesting upward momentum.
A breakout above the immediate resistance level could accelerate the bullish move.
3. Technical Pattern:
The chart hints at a consolidation phase near resistance, potentially forming a breakout pattern.
4. Projected Target:
The target price (TP) is set at $2,710, implying further bullish potential if resistance levels are breached.
Outlook: If the price holds above the immediate support and breaks the resistance, the uptrend toward $2,710 is highly likely. However, failure to maintain the channel could lead to a correction.
NOTE: This Analysis For Educational Purposes Only Not A Trading Advice
Gold Approaching Key Resistance Berish Rjction or Bullish BrkoutBased on the chart provided:
### Key Observations:
1. **Resistance Zone**:
- Price is approaching a strong resistance zone around 2,720–2,740, as indicated by the shaded area.
- Previous interactions with this level suggest potential rejection, making it a critical zone for monitoring price action.
2. **Target Levels**:
- **1st Target**: 2,680 – a minor support level where price might pause or bounce if rejection occurs.
- **2nd Target**: 2,640 – a key mid-level support area aligned with historical price structure.
- **3rd Target**: 2,623 – a stronger support zone near the previous low, offering a potential bounce zone.
3. **Risk-Reward Setup**:
- A clear risk zone (stop-loss) is placed above the resistance zone (around 2,759), indicating a bearish outlook.
- The trade setup assumes a rejection from the resistance area, with the first target likely to hit before deeper retracements.
4. **Market Context**:
- Recent bullish momentum may face exhaustion as it approaches resistance, especially if accompanied by reduced volume.
- The "Change of Character" (ChoCh) annotations suggest a possible shift in momentum around the resistance zone.
### Potential Trade Scenarios:
1. **Bearish Rejection**:
- Look for bearish confirmation signals (e.g., bearish engulfing candles, rejection wicks) around the 2,720–2,740 zone.
- Short entry: Near 2,720–2,730.
- Targets: 2,680, 2,640, and 2,623, in that order.
2. **Bullish Breakout**:
- If the price breaks above 2,740 with strong momentum, invalidate the bearish scenario.
- Look for a retest of the 2,740 level as new support for long positions.
- Target: 2,770–2,800.
### Additional Notes:
- **Divergences**: Check for any bearish divergences in RSI or MACD to confirm weakness near the resistance zone.
- **Economic Events**: Be cautious of news or data releases that may increase volatility in gold.
WHERE is down schedule level zone of goldXAUUSD Gold is hovering near a critical resistance level zone today. Traders should approach with caution and trade at their own risk, as the market shows potential for both upward and downward movements. While the overall trend may suggest bullish momentum, a reversal cannot be ruled out, making it essential to monitor price action closely before making decisions.
Gold (xauusd) indicating a bullish trend on the 2-hour timeframeBased on the provided chart:
### Key Observations:
1. **Trend**: The price is trading within an upward-sloping channel, indicating a bullish trend on the 2-hour timeframe.
2. **Structure**:
- BOS (Break of Structure) and ChoCh (Change of Character) annotations highlight the market respecting structure levels while maintaining its upward trajectory.
- Recent formations suggest a continuation of the bullish trend after a corrective phase.
3. **Cup Formation**: A rounded bottom ("cup") pattern is visible, often interpreted as a bullish continuation signal. The breakout above the rim of the cup suggests potential further upside movement.
4. **Targets**:
- Immediate resistance lies near the upper boundary of the channel (around 2,700–2,710).
- A breakout above the channel may lead to more significant gains.
### Potential Trade Scenarios:
1. **Bullish Scenario**:
- Enter on a confirmed breakout of the rounded bottom pattern.
- First target: 2,700 (upper channel boundary).
- Second target: 2,730 (extension beyond the channel).
2. **Bearish Scenario**:
- If the price rejects the upper channel boundary or fails to maintain momentum, expect a pullback toward the midline of the channel, around 2,660–2,670.
- In case of a breakdown, key support lies near 2,640–2,650.
### Additional Notes:
- Monitor volume on any breakout or rejection for confirmation.
- Keep an eye on key economic events or news that might influence gold prices, as these can affect momentum.
GOLD - it's dead cat bounce ? Or again rise??#GOLD.. well guys market perfectly hold our area 2657 that was mentioned in our last discussion.
Now market have 2 supporting areas 2657 and immediate will be 2665
Keep close and if market holds that area then again we can expect 2690 plus.
Good luck
Trade wisely
Gold Analysis==>>Still Chance to Fall by Wedge Pattern!!!Gold ( OANDA:XAUUSD ) is moving in the Support zone($2,671-$2,653) and managed to break the Support line .
According to the theory of Elliott waves , Gold seems to have completed the Double Three Correction(WXY) .
In terms of Classic Technical Analysis , the Ascending Broadening Wedge Pattern is still valid , although, after the announcement of US rates , this pattern was slightly challenged.
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks.
I think Gold will fall to at least $2,651 in the coming hours.
This week, US indexes can affect the Gold trend , so be careful about your positions when the index is published.
The most important economic indexes of the US this week :
Core PPI m/m, PPI m/m = Tue Jan 14
Core CPI m/m, CPI m/m, CPI y/y = Wed Jan 15
Core Retail Sales m/m, Retail Sales m/m, Unemployment Claims = Thu Jan 16
⚠️Note: If Gold goes over $2,700, we can expect more pumps⚠️
⚠️Note: If Gold closes a 4-hour candle below 50_SMA(Daily), we can expect a break of the lower line of the wedge pattern.⚠️
🔔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 AFTER SUPPORTTechnical Overview:
1. Current Position:
Gold declined to 2660 but rebounded, now trading above 2665, which serves as a key support level.
2. Expectations:
Potential downward adjustment to the 2665 zone during Asian/European sessions.
Likely upside targets: 2675 and 2690.
---
Trading Plan:
Buy Zone:
Between 2666 - 2664.
Stop Loss (SL):
2661 to minimize downside risk.
Take Profit (TP):
First target: 2675.
Second target: 2690.
---
Notes:
Monitor price action around the 2665 level closely to confirm buying momentum.
Adjust SL and TP dynamically if there’s significant volatility or news impacting gold.
Maintain risk management: Position sizing should align with your risk tolerance.
Good luck with your trade! Let me know if you'd like a more detailed strategy or updates.
XAUUSD Trade LogXAUUSD Daily/Monthly Long Setup
Trade Logic:
- Setup: Long position initiated within a high-confluence zone supported by multiple technical and structural factors.
- Confluence Factors:
- Daily/Monthly Buy Signal: Higher timeframe signals indicate strong bullish momentum and continuation potential.
- Trendline Support: Price has respected a long-term ascending trendline, acting as dynamic support.
- Fair Value Gap (FVG): Entry aligns with a daily FVG in a discount zone, offering a high-probability long opportunity.
- Kijun Support: Both daily and weekly Kijun lines provide additional support confluence.
- Liquidity Zone: Recent sweep of liquidity below equal lows clears the path for a bullish reversal.
- Risk-Reward Ratio (RRR):
- Stop-loss set below the trendline and daily FVG for tight risk management.
- 1:3 RRR targeting the weak high at 2,910 , with secondary targets near 3,000 for extended profits.
Macro Context:
- Market Sentiment: Safe-haven demand for gold is rising amid geopolitical and economic uncertainty, aligning with bullish technical signals.
- Dollar Weakness: Weakening USD supports upside momentum in XAUUSD.
- Volume Profile: Strong buy-side volume near key support levels indicates institutional participation.
Execution Plan:
- Long entry near the confluence zone of the trendline, FVG, and Kijun support.
- Maintain stop-loss below the daily FVG to manage risk effectively.
- First target near 2,910 , with extended targets at 3,000 for partial or full profit-taking.
- Reassess position if price closes below the trendline or invalidates the daily buy signal.
Extra Note: Monitor macroeconomic events such as interest rate announcements or geopolitical developments that could affect gold prices. Let me know if further adjustments are needed!
GOLD Awaits Breakout Amid Key Data Releases!
GOLD is forming a symmetrical triangle, signaling a potential breakout soon. The price is consolidating near the 2675-2681 resistance zone, a key area to watch.
The PPI data released yesterday slightly disappointed dollar buyers, offering support to the forex market and causing a small correction in gold. Looking ahead, CPI data could bring further support to the market and drive volatility.
If GOLD breaks above 2681, we could see an upward move toward higher levels. However, a failure to hold above this zone may trigger a bearish breakdown toward lower supports.
Resistance: 2675, 2681, 2690
Support: 2667, 2656
The triangle’s apex suggests a decisive move is imminent.
Watch the CPI data and stay alert for the breakout! 🚨
XAU/USD – Key Support and Upside Potential
Gold (XAU/USD) is showing a strong bullish structure, with prices recently bouncing off a major support zone around $2,660. This area, reinforced by the 200 EMA, has acted as a strong foundation for the next potential rally.
The chart highlights:
📌 Support Zone: Key demand area providing stability for a bullish continuation.
📈 Trend Channel: Prices moving within an ascending channel, signaling a steady uptrend.
🚀 Next Target: If momentum sustains, we could see a move toward the $2,720 level.
Stay cautious of any retracements, but the technical suggest the bulls are in control for now. Keep an eye on these levels for your next move!
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Great day on the charts today with Gold recovering from yesterdays drop, perfectly inline with our plans to buy dips.
Our 4h chart idea Bullish target 2694 was hit at the start of the week and now our bearish target also complete at 2665. No lock on either weighted level and therefore playing between both levels in this range. We need ema5 to cross and lock above or below the weighted Goldturns to determine 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
2694 - DONE
EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET
2726
EMA5 CROSS AND LOCK ABOVE 2726 WILL OPEN THE FOLLOWING BULLISH TARGET
2753
BEARISH TARGETS
2665 - DONE
EMA5 CROSS AND LOCK BELOW 2665 WILL OPEN THE FOLLOWING BEARISH TARGET
2633
EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE SWING RANGE
SWING RANGE
2600
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
1.15 Technical analysis of short-term gold operationsGold's 1-hour moving average has also begun to turn downward. If the gold's 1-hour moving average eventually forms a dead cross downward, then the space for gold's short position to fall will be further opened. Gold's US PPI data is bullish, but it is still under pressure and will fall directly to 2675. Gold's US rebound to 2675 will continue to be short.
Gold is now under pressure at a high level, and the bulls still have no further momentum to rise. So the rebound will continue to be short, and gold shorts may exert force at any time.
Short-term operation ideas:
Gold 2672 short, stop loss 2682, target 2655-2650;
Gold Consolidates Above Strong Base: Potential Rally AheadGold is currently retesting the breakout of a symmetrical pattern, with the lower trendline providing solid and reliable support.
Once the price breaks above the upper marked zone, we could see a potential surge in gold prices.
The green support zone is acting as a strong foundation for this upward momentum.
DYOR, NFA