GOLD TRADING POINT UPDATE > READ THE CHAPTIAN Buddy's dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold traders SMC trading point update you on New technical analysis setup for Gold 🪙 Gold and of list ATH 2798😁 ready for Short 😀 list night 🌉 FOMC meeting 🤝 ) low carncy rates) technical fundamental analysis looking And of gold ATH (2798) now gold still moving to recover Short 😀
Key Resistance level 2798
Key Support level 2786 - 2772 - 2766 - 2766
Mr SMC Trading point
Plaes support boost 🚀 analysis follow )
Goldsell
GOLD is ready to push againNo comment needed. All information is in the chart analysis.
Steps to follow:
Analyze yourself.
Take the position with SL and Take Profits.
Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :)
Get the result.
I will update the trade every day.
Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger!
Good trades, Traders!
The golden bear
GOLD Jobless Claims & Gold Impact
US jobless claims fell to 207K, missing estimates but lower than the previous week's 223K.
A decline in continuing claims to 1.858M signals labor market resilience, reducing recession fears.
Stronger employment data is negative for gold, as it lowers Fed rate cut expectations and boosts the dollar.
**Gold (XAUUSD) 1H Analysis: Bearish Rejection at Resistance, OANDA:XAUUSD **Gold (XAUUSD) 1H Chart Analysis**
- **Resistance Zone:** The price is currently testing a resistance area marked in gray, aligning with a descending trendline.
- **Potential Rejection:** The chart suggests a possible rejection from this zone, leading to a bearish move.
- **Target:** If rejection holds, the price is expected to drop toward the **2,745** level.
- **Pattern Formation:** The price is forming a lower high structure, indicating a continuation of the bearish trend.
- **Confirmation:** A strong rejection candle or break of minor support could confirm the downside move.
### **Conclusion:**
Watch for confirmation around the resistance zone. A rejection could trigger a short trade targeting **2,745**, while a breakout above could invalidate the bearish setup.
GOLD 15M CHART UPDATE POTENTIAL SHORT TERM BULLISHDear Traders,
Here’s a quick 15M chart analysis for your reference.
Currently, the price is consolidating between support level at 2730 and resistance at 2744. The FVG provides an additional layer of support within the 2738–2740 range. Additionally, EMA5 has crossed above MA21, indicating a potential shift in momentum.
We will wait for confirmation of EMA5 crossing and locking above the ENTRY LEVEL at 2744 to signal upward momentum toward TP1. If EMA5 fails to lock above this level, the price is likely to drop due to resistance at 2744.
Please note: It’s a busy day on the forex calendar with multiple high-impact news events. Exercise caution, as high volatility is expected!
Key Updates:
Resistance Levels: 2745, 2771
Support Level: 2730
Bullish Targets:
If EMA5 crosses and locks above 2744, the next target is 2752.
If EMA5 crosses and locks above 2752, the next target is 2760.
If EMA5 crosses and locks above 2760, the next target is 2768.
Bearish Targets:
Key Level: 2744
If EMA5 crosses and locks below 2734, it will open the path to 2719.
If EMA5 crosses and locks below 2719, the next target is 2710.
If EMA5 crosses and locks below 2710, the final target is 2694.
We will closely monitor these levels and provide updates as EMA5 interacts with the weighted zones.
The QUANTUM Trading Mastery
GOLD DAILY CHART ANALYSIS MID/LONG TERM UPDATEHello Everyone,
Here’s the latest update on the GOLD daily chart we’ve been monitoring and trading. Below is a comprehensive breakdown of the current range we’ve been tracking.
Previously, we identified a significant resistance level at 2790, highlighting it as a potential reversal point. At the time, we recommended holding off on trades due to the likelihood of a reversal. We also mentioned that if EMA5 crossed and held above the ENTRY LEVEL at 2744, it would signal a buy opportunity with a target at TP1 (2807).
Friday NY Session Update: After the daily chart correction, EMA5 crossed the ENTRY LEVEL at 2744, with the price reaching 2785 before pulling back due to the strong resistance level.
This week began with a notable bounce on Monday, with FVG providing solid support between 2720-2740. This support could pave the way for another attempt to break above the resistance level. However, confirmation will depend on EMA5 holding above or below the ENTRY LEVEL at 2744.
Key Updates:
Bullish Targets:
TP1: 2807
TP2: 2870
TP3: 2933
If EMA5 hold and stays above ENTRY LEVEL at 2744, the next target is 2807.
If EMA5 crosses and locks above TP1 (2807), it will open the path to TP2 (2870).
If EMA5 crosses and locks above TP2 (2870), it will further open the path to TP3 (2933).
Bearish Targets:
TP1: 2689
TP2: 2629
TP3: 2560
If EMA5 crosses and locks below 2744, it will open the path to 2689.
If EMA5 crosses and locks below 2689, the next target will be 2629.
If EMA5 crosses and locks below 2629, it will lead to 2560.
Short-Term Strategy:
We will use smaller timeframes (1H and 4H charts) to buy dips at weighted levels, aiming for clean 30-40 pips per trade. Ranging markets are ideal for this strategy, avoiding longer holds that risk being caught in volatile swings.
Long-Term Bias:
Our long-term outlook remains Bullish, and we view drops as opportunities to buy dips, using our predefined levels and setups on smaller timeframes.
The QUANTUM Trading Mastery
Gold Analysis: Potential Downside AheadI am expecting a decline in Gold prices from the current levels, provided it continues to face resistance near the 2800 level. This area is a critical threshold, and failure to break above it could trigger a bearish move.
Key Highlights:
Resistance Level: 2800
This has acted as a strong resistance point in recent sessions, and the market's inability to breach it suggests bearish sentiment.
Current Trend:
Gold has been consolidating, and the lack of upward momentum indicates that sellers may soon take control.
Entry & Risk Management:
Entry: At current levels.
Stop Loss: A strict stop loss is placed at 2800 to manage risk effectively.
Target Levels:
First Target: 2750 (near-term support).
Second Target: 2700 (next key support zone).
Technical Indicators:
Moving Averages: Price is trading below key moving averages, adding weight to the bearish outlook.
RSI: Showing signs of bearish divergence, further supporting the case for a downside move.
MACD: Weak momentum on the bullish side.
Summary:
If Gold struggles to break above 2800, it could pave the way for a corrective move towards lower support levels. I will remain cautious and monitor price action closely near the resistance zone.
Trade Safe and Manage Risk!
SeekingPips SELL Level XAU SHORT Call A Picture Paints 1000WordsSeekingPips SELL Level XAUUSD SHORT Call A Picture Paints 1000 Words.
✅️ Another ball out the park moment for SeekingPips.
✅️ Called it at first blue arrow and the confirmation and a perfect opportunity to get back on board at the same price.
⭐️If you took the reentry signal you got virtually zero drawdown⭐️
Be sharp and always pay yourself at pre identified key levels. SeekingPips almost always keeps a runner after being paid.
Yes sometimes we are kicked out after but always in a profit after moving stops.
By having a runner SeekingPips never missed the big runaway move.
It is those outliers that sometimes male the month a GREAT PAYDAY.
If you missed it.
WAIT for a TRIGGER don't be a DUMBA$$
Chasing is never a good idea.
527 PIPS GOING STRONG! Where will Gold go Next?FOREXCOM:XAUUSD
527 Pips PROFIT since I last shared my thoughts here.
Referring my previous analysis regarding the failure of price closing above the order block immediately after sweeping liquidity, a strong move on Monday has shown that the previous swing low of the 4h uptrend will most likely be broken, signaling a potential short-term downtrend.
Where will price go next?
Looking down on the immediate left on the 4H timeframe, we can see two order blocks that were points of origin of an impulsive move.
Which one will price react to?
As trading is an art of analyzing probabilities, price has the potential to bounce directly on the first order block. However, what's most likely will happen is a Support will form on the first order block. When buyers have started to enter their positions, price will most likely make an impulsive move to the order block immediately below it, sweeping the liquidity, reversing, and ending the move downwards.
Is this confirmed?
No, but I will love to share my thoughts with everyone here as price comes close to the levels mentioned.
Who am I?
My name is Sya, a trader for 8 years now, and I share my knowledge about trading for free as I believe everyone should have access to education.
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.
"Gold 1H Chart: Bearish Setup Pending Confirmation"This 1-hour chart of gold (XAU/USD) shows a clear trendline break, indicating potential bearish momentum. The price is now retesting the broken trendline and resistance zone around $2,769–$2,780.
The plan is to wait for a bearish confirmation (e.g., rejection or reversal candles) at this resistance zone. If confirmed, the price could target the $2,740 area, marked as the next significant support level.
Key levels:
- Resistance: $2,769–$2,780
- Support/Target: $2,740
Waiting for a clear signal at the resistance zone is crucial for entering a sell position.
Xauusd | Market break the point 2770-2769 ?XAUUSD 2,770 885 | 27/January/2025 ( Market break the point 2770-2769 )
- This video is based on Educational Purposes
In Our Past Commentary we discuss that market should close the candle below the 2770-2769 area and Currently market is at 2770.885 which is quite close
So what will be the Possible Scenarios ?
- Bearish Scenario : If Market closed the candle below our Observation point we will hold our positions to 2760 point and we are confident market will touched at 2750.00 so basically there are two regions (2750 and 2739) which are indicated trying to push from levels .Although if candles closed below this region our expectations would be to touched 2680.00 area a new lowest point
- Bullish Scenario : if Market cant break the Support level which is at 2770 - 2769 area we are going to expect the All time high at 2790 to 2800.00 area
GOLD XAUUSD New All Time High? A Cheeky Short SELL Maybe? XAU A🌟Gold has been a monster and very kind to all those who have been accumulating this precious metal.🌟
🟢 As XAUUSD approaches another ALL TIME HIGH.
🔴 A fair case can easily be made for a SHORT UP HERE.
You know already I don't advocate for trying to catch tops and bottoms Buttttt...
THIS TIME IT'S DIGFERNT RIGHT? lol🤣
Only kidding.
In all seriousness anticipating a retracement from all time highs is always a fair trade if your TRIGGER SIGANL arrives.
Risk is easy to identify x points above the new high bar test is always an option.
✅️ You know I always require a HIGHER HIGH & LOWER CLOSE when trying to catch a short reversal.
Have A GREAT WEEKEND & REMEMBER manage your risk well and you will always be arround to trade another day.✅️
⭐️No trigger No Trade⭐️
ℹ️ I will be digging into the Crypto charts this weekend so stay tunned
Continue and try to short gold with a target of 2760Dear traders.
Gold unexpectedly accelerated during the early hours, surging to around 2778, which was beyond my expectations.Gold has currently reached a maximum of around 2785.
It’s evident that the only significant resistance lies at the previous high of 2790 or the psychological level of 2800, leaving limited upside room. Therefore, I continue to advise against chasing long positions on gold in the short term. At this stage, technical indicators have been significantly overshadowed, and market sentiment has become a more critical factor to monitor.
In the context of short-term trading, I recommend avoiding long positions to reduce the risk of being trapped at high levels in the event of a sharp selloff triggered by profit-taking or liquidation of long positions. Instead, I prefer taking short positions with well-defined stop-loss levels. Even if gold continues to rise and hits the SL, the loss will be manageable, and the capital will remain intact. On the other hand, if a sudden crash occurs, short positions could yield significant profits.
Bros, are you still optimistic about the decline of gold? 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!
Golden Entry = Right NowIf you have ever wanted to get into a sell, now is the time. Gold is at it's all time high. So now we are going back to the dots. Look at this theory and let me know what you think... I enjoy doing this for people because nobody did it for me. Drop a .05 and ride! Hi 5. Not financial advice just a hunch...
Xauusd sell signal Gold price sticks to positive bias for the third successive day on Wednesday and trades near its highest level since November 1 above $2,750. The uncertainty around US President Donald Trump's trade policies turns out to be a key factor that continues to drive haven flows towards the precious metal.
Gold now sell 2758
Support 2740
Target 2725
Gold , daily analysis
"In relation to gold, my recent analysis regarding the bearish trend in gold is progressing successfully, and the price could potentially drop below $2500 in the upcoming month."
If you have any specific preferences or areas you would like me to focus on, feel free to let me know!
Buying power is weakening - resistance 2724 good for SELLComment: 📌
The recent inflation data and comments from Fed official Waller put pressure on the US dollar, as traders grow increasingly confident that the US Central Bank might cut rates sooner rather than later. Waller did not dismiss the possibility of a rate cut at the March meeting, highlighting that inflation "is approaching our 2% target."
Chicago Fed President Austan Goolsbee, a voting member in 2025, expressed optimism that the labor market is stabilizing, as reported by The Wall Street Journal.
Market participants are now pricing in nearly equal odds of the Fed implementing two rate cuts by the end of 2025, with the first reduction expected as early as June.
XAU Trend: January 17 📌
Gold is reacting downward at the H4 2724 resistance zone, buying force is becoming weaker. Opportunity for sellers to push the price back to 2705, creating more liquidity for the market
Signal:📌
SELL XAU 2723-2726
SL: 2731 | TP: 2715 - 2708 - 2700
Thank you for reading my comment: "FM"
GOLD - Potential Pullback to Retest SupportGold is trading near a key resistance zone within an ascending channel, suggesting a potential pullback. If price rejects the resistance zone, this could present an opportunity for sellers to re-enter the market.
The immediate target for sellers lies at $2,677.99, a key support zone where buyers might re-enter. A decisive break below this level could pave the way for further downside, with the broader ascending channel potentially invalidated.
This setup reflects a clear shorting opportunity if the price fails to sustain above resistance. Traders should wait for bearish confirmations before considering short positions.