DeGRAM | GOLD bearish takeover in the channelGOLD is in an ascending channel between the trend lines.
The price is moving from the upper boundary of the channel and dynamic resistance.
The chart has reached the 62% retracement level and formed a bearish takeover.
We expect the correction to continue.
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Goldsignal
DeGRAM | GOLD correction in the channelGOLD is in an ascending channel between the trend lines.
The price is moving from the resistance level and the upper boundary of the channel.
We expect the correction to continue after consolidation under the dynamic support.
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Ascending Channel at Risk: Gold's Next Move!Gold ( OANDA:XAUUSD ) is moving in the Resistance zone($2,743-$2,700) , near the Upper line of the Ascending Channel and near the Important Resistance lines .
According to the theory of Elliott waves , Gold seems to have succeeded in completing microwave 5 of microwave c of the main wave Y . If the Uptrend lines break , we can confirm the end of wave 5 .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks (Clear RD- in all indicators ).
I expect Gold to drop at least $2,710 in the coming hours after the breaking of the Uptrend lines . The next target can be $2,701 , and if the lower line of the ascending channel breaks , we can hope for the breaking of the Support zone($2,697-$2,689) .
If you want to see my analysis on the 4-hour time frame , take a look at the post I published on January 16, 2025 .
Note: If Gold goes above $2,750, we should expect more Gold increase and a new All-Time High (ATH) for Gold.
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 at Resistance Zone>Technical Patterns>Potential DropThe U.S. economic Indexes released on January 16, 2025 , have implications for Gold ( OANDA:XAUUSD ):
Core Retail Sales m/m : ncreased by 0.4% , slightly below the 0.5% forecast, indicating moderate consumer spending.
Retail Sales m/m : Rose by 0.4% , under the expected 0.6%, suggesting a potential economic slowdown.
Unemployment Claims : Reached 217,000 , higher than the anticipated 210,000, pointing to a softening labor market.
These factors may lead to a weaker U.S. dollar and increased demand for gold as a safe-haven asset, potentially driving gold prices higher.
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Now let's take a look at the Gold chart in the 4-hour time frame and see how much Technical Analysis can help us predict the trend of Gold in the coming hours and days.
Gold is moving in the Resistance zone($2,743-$2,700) and near the Upper line of the Ascending Channel , the upper lines of the Rising Wedge Pattern and Time Reversal Zone(TRZ) .
In terms of Classic Technical Analysis , Gold appears to be moving within the Rising Wedge Pattern .
According to Elliott's wave theory , Gold appears to be completing microwave C of the main wave Y . The wave count will change if the Resistance zone($2,743-$2,700) breaks .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks .
I expect Gold to start falling at least the Support zone($2,697-$2,689) and the lower line of the ascending channel after entering the TRZ and touching the upper line of the ascending channel and the wedge pattern.
Note: If Gold can break the Resistance zone($2,743-$2,700), we can expect an All-Time High(ATH) for Gold.
Be sure to follow the updated ideas.
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.
XAUUSD TODAY MAPPING IN 1H TF CHECK IT GUYS Hello Guy's Welcome To Another Day Of TRADING
Here we are mapping chart of XAUUSD ( GOLD ) in 1-Hour TF
Trend Structure:
The chart displays a series of higher highs and higher lows, indicating an uptrend. Price swings and suggest a bullish pattern.
Conclusion:
The setup looks bullish, with a breakout and retest pattern signaling a possible upward move. However, confirming momentum and watching for reactions near resistance levels is crucial for a clearer trade signal. Let me know in the comments section for more highlights!
XAU/USD H4 Analysis: Bullish Continuation with Key Target!H4 Analysis – XAU/USD
Current Price: $2,668
Gold is currently consolidating within a well defined upward channel on the 4h timeframe. The market has exhibited steady bullish momentum after bouncing off a key support zone around $2620. Recent price movements show strong bullish momentum, pointing towards a possible move to higher resistance levels.
Key Features:
- Resistance Zone: Around $2730, where price could face selling pressure.
- Support Zone: Around $2660, aligning with the trendline, acting as a potential entry point.
- Trendline Support: The trendline drawn indicates a steady bullish climb, with price respecting this dynamic support.
- Target Zone: The ultimate target for this analysis is at $2,760, which aligns with a historical resistance level.
There are a few news events this week that could impact our analysis. I will update this idea with any potential entry opportunities.
DeGRAM | GOLD retest of the resistanceGOLD is in an ascending channel between the trend lines.
The price is moving from the lower boundary of the channel and dynamic support, which previously acted as a rebound point.
The chart maintains an ascending structure.
We expect the growth to continue in the channel.
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Xauusd buy Gold price must seek a daily candlestick closing above the $2,700 barrier to initiate a fresh uptrend toward the $2,750 psychological level
Gold now buy 2699
Target 2735
The short-term technical outlook for Gold price continues to support Gold buyers, courtesy of last week’s symmetrical triangle breakout.
Gold signal
Gold Buy confirm signal Gold price seesaws between tepid gains/minor losses through the early European session and consolidates its recent gains to over a one-month peak touched this Thursday. Growing acceptance that the Fed will pause its rate-cutting cycle late this month assists the USD to move away from a one-week low touched on Wednesday.
Gold now Buy 2698
Support 2710
Target 2730
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.
XAUUSD SELL XAU/USD is finding a floor for now to bounce off after its sluggish Monday performance when Federal Reserve (Fed) policy rate concerns took over sentiment, recovering slightly and trading near $2,670 on Tuesday.
Gold sell 2674
Support 2640
In the 4-hour chart, a directionless 20 SMA has rejected advances since the week started, now acting as dynamic resistance at around $2,674.00. The 100 and 200 SMAs are also flat, yet well below the current level. Finally, technical indicators have ticked higher, although in neutral-to-bearish territory.
Support levels: 2,660.70 2,645.15 2,635.00
Resistance levels: 2,675.00 2,683.20 2,697.90
XAUUSD SELL Support
DeGRAM | GOLD decline from the trend lineGOLD is in an ascending channel between the trend lines.
The price is moving from the dynamic resistance and has already reached the lower boundary of the channel.
The chart has formed a harmonic pattern.
We expect a decline.
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DeGRAM | GOLD holds the upward structureGOLD is in an ascending channel below the trend lines.
The price is moving from the upper boundary of the channel and is now approaching the 38.2% retracement level.
The chart maintains an ascending structure.
We expect a retest of the support level with a possible reaching of the lower channel boundary and further growth of XAUUSD.
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DeGRAM | GOLD broke through the channelGOLD is above the ascending channel between the trend lines.
The price is moving from the dynamic support, the achievement of which led to the formation of a bullish takeover. After the chart broke out and consolidated above the upper boundary of the channel.
At the moment, XAUUSD has broken through the resistance and is now above the 62% retracement level.
The chart maintains an ascending structure.
We expect the growth to continue.
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Gold Analysis==>>Ascending Broadening Wedge Pattern!!!Gold ( OANDA:XAUUSD ) attacked the Resistance zone($2,670-$2,653) as I expected yesterday .
Gold is moving in the Resistance zone($2,670-$2,653) and near the upper line of the Ascending Broadening Wedge Pattern .
Ascending Broadening Wedge Pattern : The Ascending Broadening Wedge pattern is a bearish reversal pattern that forms when price makes higher highs and higher lows within diverging trendlines, often signaling a potential breakdown.
According to the theory of Elliot waves , it seems that Gold has completed the main wave C , and we should wait for Gold to fall .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks.
I expect Gold to at least fall to the Support zone($2,639-$2,630) , and if this zone is broken, it will attack the lower line of the Ascending Broadening Wedge Pattern .
⚠️Note: If Gold breaks the Resistance zone($2,670-$2,653) , we can expect more Pumps⚠️.
🔔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.
Xauusd buy confirm Gold price (XAU/USD) gains some follow-through positive traction for the fourth consecutive day and trades at its highest level in nearly a month above $2,680. Market focus shifts to US labor market data, which will feature Nonfarm Payrolls and wage inflation figures.
Xauusd buy 2680
Support 2700
Target 2710
Gold climbs to fresh multi-week high above $2,680 ahead of US NFP
XAUUSD Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DeGRAM | GOLD retest of the support levelGOLD is in an ascending channel between the trend lines.
The price has already consolidated above the support level coinciding with the 38.2% retracement level.
We expect the chart to rise after the support is retested.
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DeGRAM | GOLD maintains an ascending structureGOLD is in an ascending channel between the trend lines.
The price is moving from the lower boundary of the channel and dynamic support and is now testing the resistance level.
We expect the growth to continue.
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DeGRAM | GOLD growth in the channelGOLD is in an ascending channel between the trend lines.
The price has already reached the lower boundary of the channel and dynamic support than completed the correction at the 50% level.
The chart maintains an ascending structure and has already formed a bullish takeover while testing the channel.
We expect the growth to continue.
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Gold Analysis==>>Second Attack!!!Gold ( PYTH:XAUUSD ) attacked the Support lines and Support zone($2,639-$2,630) as I expected but failed to break them ( Fake Break ).
Gold is currently moving near the Resistance zone($2,670-$2,653) and within the Potential Reversal Zone(PRZ) .
According to Elliott's wave theory , Gold seems to have completed 5 bearish wave s and is currently completing upward corrective waves .
I expect Gold to attack the Support lines and the Support zone($2,639-$2,630) again and most likely succeed in breaking them this time .
⚠️Note: If Gold breaks the 50_SMA(Daily) and Potential Reversal Zone(PRZ) , we should expect Gold to rise further.⚠️
⚠️Note: At most, you can keep the Short position up to $2,668.⚠️
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 15-minute 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.
DeGRAM | GOLD held in the channelGOLD is in a descending channel above the trend lines.
The price is moving from the upper boundary of the channel and resistance level.
The chart has already reached the last target of the harmonic pattern and held in the descending channel.
We expect a correction.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!