GOLD (XAUUSD): Get Ready For Breakout
It feels like Gold is going to update the All-Time High soon.
I see clear signs of a bullish accumulation on a horizontal
resistance based on a current highest high.
A breakout of the underlined orange area and a candle close above
will indicate the continuation o a global bullish trend.
The market will most likely continue rising at least to 2820.
Alternatively, if you are looking for a bearish confirmation,
a breakout of the support of the channel will give you a strong bearish signal.
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Goldtechnicalanalysis
Learn Supply and Demand Basics in Gold XAAUSD Trading
In this article, we will discuss the basic principles of Smart Money Concepts in Gold trading.
I will explain to you how Gold price relates to supply and demand on the market. What is a fair value and how to identify it.
We will discuss a relation between a fair value and supply and demand and why is it so important to learn to recognize the imbalance.
Gold Price
First, let's briefly discuss how the price of Gold is valued .
Gold price is determined by the basic economic principles of supply and demand.
Supply is defined by the actions of the sellers and selling volumes.
While a demand is defined by the activity of buyers and the volumes they wish to purchase.
When supply exceeds demand, it leads to a decline in prices.
Increased selling pressure leads to lower prices as sellers compete to attract buyers.
Above, you can see how the excess of demand pushes Gold prices up rapidly.
When demand exceeds supply, we see an increase in the price of the financial asset.
In the example above, you can see how the excess of supply leads to a depreciation of a Gold price.
Imbalance & Fair Value
The excess of supply or demand on the market is also called an imbalance in Smart Money Concept trading SMC.
The imbalance causes strong bullish or bearish movement on the market.
However, such moves do not last forever.
At some moment, reaching a particular price level, the market will stop growing or falling, and the market will find the equilibrium in supply and demand.
Such an equilibrium is also called a fair value in SMC trading.
On the chart above, Gold was growing rapidly. After reaching some price level, the growth stopped and the market found a fair value.
Supply finally absorbed the excess of demand.
Sideways Movement & Range
When the market finds a fair value, it usually starts trading in sideways . The sideways movement forms a horizontal range - a horizontal parallel channel.
Such ranges signify that the market participants agree about a current price of an asset.
Above, you can see that after a strong up movement, Gold found a fair value and a consolidation within a horizontal range started.
Fair Value Range
When you spotted the range, you should remember that the market may stay within that for a very long period of time.
The trigger that will make the market reassess the fair value is typically a some important fundamental factor, the surprising geopolitical or economic event that will create a new imbalance on the market.
A strong signal that the market strives to find a new fair value is the breakout of one of the boundaries of the range. It is a signal of a violation of a current fair value.
You can see that Gold found a fair value and was stuck for quite a long period within a wide horizontal range. Then, because of the release of significant US fundamental news, an imbalance occurred. Fair value range was violated, and the price found a new fair value higher.
Trading Tips
When the imbalance on the market occurs and it violates the fair value, the price tends to find a new fair value around significant liquidity zones.
That is why it is so critical to pay attention to them.
Also, the laws of supply and demand, imbalance and fair value work on any time frame and can be applied for any trading style.
Learn to perceive a price chart from a Supply and Demand perspective in order to master Smart Money Concept trading strategy.
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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.
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GOLD (XAUUSD): Support & Resistance Analysis For Next Week
Here is my latest structure analysis for Gold.
Vertical Structures
Vertical Support 1: Rising Trend Line
Vertical Resistance 1: Rising Trend Line
Horizontal Structures
Support 1: 2689 - 2699 area
Support 2: 2654 - 2662 area
Support 3: 2614 - 2635 area
Support 4: 2595 - 2606 area
Support 5: 2583 - 2585 area
Support 6: 2536 - 2562 area
Consider these structures for pullback/breakout trading.
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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
GOLD (XAUUSD): Bullish Outlook For Next Week Explained
Gold formed a strong bullish pattern on a daily - a cup & handle.
A breakout of its horizontal neckline is an accurate bullish signal.
With a high probability, the market will continue rising next week.
Next resistances - 2674 / 2716
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GOLD (XAUUSD): Your Trading Plan for Today
If you decided to trade today, there is one potential
shorting opportunity for Gold.
Following my recent update, the price is testing a recently
broken daily horizontal structure at the moment.
On an hourly time frame, the price formed a tiny double top on that.
2621 - 2625 is its neckline.
To sell the market with a confirmation, wait for a bearish breakout of
a neckline and an hourly candle close below that.
Sell aggressively or on a retest then.
Targets will be 2608 / 2600.
If the price sets a new higher high,
the setup will be invalid.
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GOLD (XAUUSD): Massive Breakout
FED rate decision and FOMC made Gold very bearish yesterday.
The price violated a support line of a wide horizontal range on a daily.
Its breakout signifies a strong bearish pressure.
It opens a potential for more price depreciation.
Next support - 2563
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GOLD (XAUUSD): Support & Resistance Analysis For Next Week
Here is my latest structure analysis
and important supports and resistances for Gold for next week.
Support 1: 2648 - 2666 area
Support 2: 2605 - 2625 area
Support 3: 2536 - 2563 area
Resistance 1: 2718 - 2732 area
Resistance 2: 2787 - 2789 area
Consider these structures for pullback/breakout trading.
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GOLD (XAUUSD): Deep Consolidation & Your Trading Plan
Gold is trading in sideways range for more than 2 trading weeks already.
The recent high impact fundamental releases, did not manage to violate
its weakness.
Next week, pay attention to the reaction of the price to the support
and resistance of the underlined range.
If the price breaks and closes below 2605, it will open a potential
for a further bearish continuation to 2565.
Bullish breakout of the resistance of the range and a daily candle close above
2666 will confirm the strength of the buyers. The up movement will be expected
at least to 2715.
The absence of strong fundamental triggers will continue the consolidation.
Alternatively, you can trade the market within the range, buying from its support
and selling from its resistance.
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GOLD (XAUUSD): Key Supports & Resistances Analysis
Here is my latest structure analysis for Gold for next week.
Resistance 1: 2716 - 2733 area
Resistance 2: 2786 - 2790 area
Support 1: 2605 - 2625 area
Support 2: 2536 - 2560 area
Support 3: 2524 - 2530 area
Support 4: 2470 - 2485 area
Consider these structures for pullback/breakout trading.
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GOLD (XAUUSD) Support & Resistance Analysis For Next Week
Here is my latest structure analysis for Gold for next week.
Support 1: 2546 - 2560 area
Support 2: 2524 - 2530 area
Support 3: 2470 - 2485 area
Support 4: 2432 - 2448 area
Support 5: 2352 - 2381 area
Resistance 1: 2643 - 2659 area
Resistance 2: 2705 - 2733 area
Resistance 3: 2786 - 2790 area
Consider these structures for pullback/breakout trading.
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GOLD (XAUUSD): Updated Support & Resistance Analysis
Here is my updated structure analysis and
important supports & resistances on Gold.
Horizontal Structures
Resistance 1: 2708 - 2732 area
Resistance 2: 2745 - 2761 area
Resistance 3: 2787 - 2790 area
Support 1: 2638 - 2648 area
Support 2: 2586 - 2608 area
Vertical Structures
Vertical Resistance 1: Rising trend line
For now, we can expect a bearish pressure from a Horizontal & Vertical Resistances 1.
Local bearish bias remains.
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GOLD (XAUUSD): One More Bullish Wave is Coming?!
Gold is currently stuck within a horizontal range on a daily.
The price is approaching its upper boundary at the moment.
Because the trend is strongly bullish, chances will be high to see
a further bullish continuation.
Your reliable confirmation will be a breakout and a daily candle close
above the underlined resistance.
The next goal for the buyers will be 2780.
Alternatively, the market may continue consolidating and trading within the range.
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GOLD (XAUUSD) The Next Strong Resistance
What a bullish week for Gold,
the market updated the All-Time High multiple times this week
Analyzing the historic price action, here is the next potentially
strong resistance that I see.
It is based on a major rising trend line that the market started
to respect last year.
With a high probability, we will see at least a pullback from that.
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Learn Supply and Demand Zones in Gold Trading
In this article, I will teach you how to identify supply and demand zones on Gold chart easily.
You will learn what are supply and demand zones and how to apply it in Gold trading.
In order to identify supply and demand zones on Gold chart, the first thing that you should do is to execute a complete structure analysis.
You should identify horizontal structures: support and resistance levels/zones; vertical structures - trend lines.
That's how a complete support and resistance analysis should look.
On a daily time frame, I have underlined all significant horizontal and vertical structures.
First, let's look for demand zones.
A demand zone is a specific area on a price chart that combines multiple key structure supports: horizontal or vertical ones.
Buying orders of the market participants will be placed within that entire area.
Our first demand zone will be based on a Horizontal Support 1 and a Vertical Support 1. A trend line and a horizontal support compose an expanding area.
We will call such an area a demand zone, simply because we assume that buying volumes will accumulate within that entire zone. And lower the price will move inside that area, more buying orders will become active.
Our second demand zone will be based on Horizontal Support 3/4/5.
All these structures are lying very close to each other. Some supports even have common boundaries.
These supports will compose a demand zone , a wide horizontal area where buying orders will be placed.
Vertical Support 2 is lying very closely to our Demand Zone 2.
A horizontal demand zone and a trend line will compose and expanding demand zone.
Now let's discuss supply zones.
A supply zone is a specific area on a price chart that combines multiple key structure resistances: horizontal or vertical ones.
Selling orders of the market participants will be placed within that entire area.
There is one supply zone on our Gold price chart. It will be based on a Horizontal Resistance 1 and Vertical Resistance 1.
Both structures are lying very close to each other.
We will assume that selling orders will be placed throughout that entire area and the higher the price moves within that, the more selling orders will become active.
Remember that you can identify Supply and Demand Zones on Gold on any time frame.
A bullish movement and a bullish reaction will be expected from a Demand Zone.
While a bearish movement and a bearish reaction will be expected from a Supply Zone.
Because Supply and Demand Zones are relatively large areas, it is very important to analyze a price action within these zones before you place a trade.
Thank you for reading!
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GOLD (XAUUSD): Important Support & Resistance Levels
Here is my latest structure analysis
and support & resistance levels on Gold for next week.
Vertical Structures
Vertical Support 1: Rising trend line
Vertical Support 2: Rising trend line
Horizontal Structures
Resistance 1: 2685 - 2700 area
Support 1: 2624 - 2633 area
Support 2: 2587 - 2601 area
Support 3: 2525 - 2560 area
Consider these structures for pullback/breakout trading.
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GOLD - one n single area, holds or not??#GOLD... Today is NFP day as you knows and we have only single area as today most important supporting area that is 2653
Keep close that area because only that area can change the story.
Only holding of that area can leads you towards upside further levels.
Keep close it and only short below that otherwide not at all.
Good luck
Trade wisely
What is Structure Mapping in Gold Trading XAUUSD?
Structure mapping is essential for day trading, scalping and swing trading gold.
It is applied for trend analysis, pattern recognition, reversal and trend-following trading.
In this article, I will teach you how to execute structure mapping on Gold chart and how to apply that for making accurate predictions and forecasts.
Take notes and let's get started.
Let's discuss first, what is structure mapping?
With structure mapping, we perceive the price chart as the set of impulse and retracement legs.
Structure mapping can be executed on any time frame and on any financial market.
Look at a Gold chart on a 4H time frame. What I did, I underlined significant price movements.
Each point where every leg of a movement completes will have a specific name and meaning.
On a gold chart, I underlined all such points.
These points are very important because it determines the market trend and show the patterns.
When you execute structure mapping, the first thing that you should start with the identification of a starting point - the initial point of analysis.
On a price chart, such a point should be the highest high that you see or the lowest low.
If you start structure mapping with a high, that high will be called Initial High.
A completion point of a bearish movement from the Initial High will be called Lower Low LL.
A bullish movement that completes BELOW the level of the Initial High or Any Other High will be called Lower High LH.
A bullish movement that completes on the level of the Initial High or Any Other High will be called Equal High.
A bullish movement that completes above the level of the Initial High or Any Other High will be called Higher High HH.
If you start with the low, such point will be called Initial Low.
A completion point of a bullish movement from the Initial Low will be called Higher High HH.
A bearish movement that completes ABOVE the level of the Initial Low or Any Other Low will be called Higher Low HL.
A bearish movement that completes on the level of the Initial Low or Any Other Low will be called Equal Low.
A bearish movement that completes below the level of the Initial Low or Any Other Low will be called Lower Low LL.
Look how I executed structure mapping on Gold chart.
Starting with the lowest low, I underlined all significant price movements and its lows and highs.
You should learn to recognize these points because it is the foundation of gold structure mapping.
Combinations of these points will be applied for the identification of the market trend, trend reversal and patterns.
According to the rules, 2 lower lows and a lower high between them are enough to confirm that the market is trading in a bearish trend.
While 2 higher highs and a higher low between them confirm that the trend is bullish .
In a bullish trend, a bullish violation of the level of the last Higher High will be called a Break of Structure BoS. That event signifies the strength of the buyers and a bullish trend continuation.
A bearish violation of the level of the last Higher Low will be called Change of Character CHoCH . It will mean the violation of a current bullish trend.
In a bearish trend, a bearish violation of the level of the last Lower Low will be called a Break of Structure BoS . It is an important event that signifies the strength of the sellers and a bearish trend continuation.
While a bullish violation of the level of the last lower high will be called Change of Character CHoCH. That even will signify a violation of a bearish trend.
That's how a complete structure mapping should look on Gold chart.
With the identification of the legs of the move, highs and lows, BoS and ChoCh you can clearly understand what is happening with the market.
Gold was trading in a bearish trend. Once the level of our Initial Low was tested, the market started a correctional movement and started to trade in a bullish trend.
Once some important resistance was reached, the market reversed. We saw a confirmed CHoCH and the market returned to a bearish trend.
Structure mapping is the foundation of technical analysis. It is the basis of various trading strategies and trading styles. It is the first thing that you should start your trading education with.
I hope that my guide helped you to understand how to execute structure mapping in Gold trading.
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