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Xau-usd

Gold can reach resistance line of channel and then start declineHello traders, I want share with you my opinion about Gold. Observing the chart, we can see how the price entered to upward channel, broke the 2620 level and reached the resistance line of the channel. After this, Gold made a correction to the buyer zone and then turned around and quickly rose back. Then the price made a correction again and continued to move up inside the channel, and soon it reached the second support level (2700) which is located inside the support area and at once corrected to the support line of the channel. Next, the price some time traded near this line and soon reached the 2700 level and broke it, after which made a retest and continued to move up next. Later Gold rose to the current support level, which coincided with one more support area, and corrected the support line of the channel. Price some time traded near this line, again, and later rebounded up to the 2780 level and broke it too. At the moment, the price continues to move up and I think that Gold can reach the resistance line of the channel and then start to decline to the support line, breaking the support level. That's why I set my TP at 2770 points. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
1
Gold Rises on Tariff Concerns & GDP Impact: Key Levels & TrendSafe-Haven Gold Rises Amid Trump Tariff Concerns Gold prices climbed on Thursday as investors sought safety amid concerns over potential U.S. import tariffs under President Donald Trump. Additionally, market participants are closely watching a key inflation report to assess the Federal Reserve's future policy direction. Gold Technical Analysis Gold has followed our forecast precisely, reaching our target at 2,772, and is continuing its upward movement toward 2,788, as previously anticipated. Market volatility is expected today due to the GDP release and ongoing tariff concerns. The bullish trend is likely to continue, aiming for a new all-time high (ATH). However, if the 4-hour candle closes below 2,788, bearish momentum may develop, targeting 2,772 and 2,759. Conversely, a 1-hour or 4-hour candle close above 2,788 would confirm further upside potential, driving the price toward 2,805. Key Levels Pivot Point: 2772 Resistance Levels: 2788, 2805 Support Levels: 2759, 2748, 2739 Trend Outlook Bullish: As long as the price remains above 2,772 Next Bullish Confirmation: A break above 2,788 Bearish: If the price falls below 2,772 Previous idea:
OANDA:XAUUSDLong
by SroshMayi
Bullish bounce off pullback support?The Gold (XAU/USD) is falling towards the pivot which acts as a pullback support and could bounce tot he 1st resistance. Pivot: 2,721.59 1st Support: 2,692.70 1st Resistance: 2,763.31 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAUUSDLong
by ICmarkets
1
Could the Gold drop from here?The Gold (XAU/USD) has reacted off the pivot and could drop to the 1st support which acts as a pullback support. Pivot: 2,778.01 1st Support: 2,718.90 1st Resistance: 2,815.38 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAUUSDShort
by ICmarkets
Gold can rise a little and then drop to support levelHello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price made an upward impulse from the support line of the triangle and rose to the resistance line, breaking the support level, which coincided with the buyer zone. Then Gold turned around and made a correction movement to the support level, where it some time traded and then rebounded up from the support line of the triangle. Price rose to the current support level, thereby exiting from the triangle, and then started to decline inside the wedge. Gold fell to the support line, which is located in the buyer zone, and then started to grow. In a short time, the price broke the 2615 level, after which made a correction to the support line and then continued to move up. Later, Gold rose to the resistance line of the wedge and broke it, thereby exiting from the wedge pattern and then in a short time rose to the current support level. Soon, the price broke this level and continued to move up next. So, I think that Gold will make a small move up and then drop to the support level. That's why I set my TP at 2725 level. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
11
Potential bearish reversal?The Gold (XAU/USD) has reacted off the pivot and could drop to the 61.8% Fibonacci support. Pivot: 2,717.07 1st Support: 2,633.49 1st Resistance: 2,789.99 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAUUSDShort
by ICmarkets
Falling towards pullback support?XAU/USD is falling towards the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 2,690.10 Why we like it: There is a pullback support level that aligns with the 50% Fibonacci retracement. Stop loss: 2,674.73 Why we like it: There is a pullback support level that is slightly above the 78.6% Fibonacci retracement. Take profit: 2,718.81 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:XAUUSDLong
by VantageMarkets
XAUUSD 19/01/25This week, our analysis on XAU continues with the same bullish bias from last week. After a clean bullish shift last week, we anticipate gold to maintain its upward momentum. As always, Orion guides us on the trading direction, and we follow accordingly. Currently, we are targeting lows as potential buy zones and highs as key levels to trade into. With recent developments, including Trump becoming president and the current moves in gold, another bullish run appears to be the most probable scenario. Stick to the plan, trade from the lows into the highs, and always manage your risk effectively. Trade safe, follow Orion, and stay disciplined.
FX:XAUUSD
by PipSurfingSociety
Gold (XAU/USD) Bullish ChannelThe XAU/USD pair on the H1 timeframe presents a potential Buying opportunity due to a recent Formation of a well-defined Channel Pattern. This suggests a shift in momentum towards the upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around close to the Channel. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 2709 2nd Support – 2729 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
OANDA:XAUUSDLong
by KABHI_TA_TRADING
59
Could the Gold reverse from here?The price is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support that acts as an overlap support. Pivot: 2,693.13 1st Support: 2,657.78 1st Resistance: 2,718.80 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAUUSDShort
by ICmarkets
Potential bullish rise?The Gold (XAU/USD) has reacted off the pivot which acts as a pullback support and could rise to the 1st resistance which has been identified as a pullback resistance. Pivot: 2,658.19 1st Support: 2,637.52 1st Resistance: 2,689.56 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAUUSDLong
by ICmarkets
Bearish drop?XAU/USD has reacted off the support level which is a pullback support and could drop from this level to our take profit. Entry: 2,665.13 Why we like it: There is a pullback support level. Stop loss: 2,680.68 Why we like it: There is a pullback resistance level. Take profit: 2,636.56 Why we like it: There is an overlap support level that lines up with the 78.6% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:XAUUSDShort
by VantageMarkets
Could the Gold reverse from here?The price is rising towards the pivot which is a pullback resistance and could reverse to the 1st support. Pivot: 2,676.61 1st Support: 2,646.94 1st Resistance: 2,700.39 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAUUSDShort
by ICmarkets
1
Heading into 127.2% Fibonacci resistance?The Gold (XAU/USD) is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 1st support. Pivot: 2,676.20 1st Support: 2,644.09 1st Resistance: 2,700.39 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAUUSDShort
by ICmarkets
XAUUSD 6/1/25Coming into this week, we maintain a bullish bias on gold. Last week, we experienced a short-term shift to bearish, which was expected as we mentioned before the new year. Currently, we are focusing on the cluster of lows at the base of our most recent range. This is the area we are targeting for potential long trades this week. Orion is indicating that we need to align with the long bias, so we will follow this direction and monitor targets and entries accordingly. Note that we currently have only two targets above. If the market creates another high before dropping into the mentioned lows, we may have more than two targets to work with, requiring us to trade within those areas. Be mindful of the current structure. As mentioned in the EU analysis, we may form short-term lows to play off, which could make the lower areas less likely for the week’s initial move. As always, we wait for a low to be reached, then analyse the entry timeframe to determine if there’s an opportunity to participate. Trade safely and stick to your plan.
FX:XAUUSD
by PipSurfingSociety
Falling towards overlap support?XAU/USD is falling towards the support level which is an overlap support that lines up with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 2,632.46 Why we like it: There is an overlap support level that lines up with the 50% Fibonacci retracement. Stop loss: 2,608.78 Why we like it: There is a pullback support level that lines up with the 78.6%^ Fibonacci retracement. Take profit: 2,659.51 Why we like it: There is an overlap resistance level. 2,632.46 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:XAUUSDLong
by VantageMarkets
The Golden Journey: Historic Milestones and a Glimpse into 2025Gold Price Analysis: A Historical Overview and Future Outlook Gold has always played a crucial role as a safe-haven asset during periods of economic uncertainty. Over the years, its price movements have been shaped by various global events. Let’s take a step-by-step look at the key historical moments and their implications for the future. [ b]Historical Highlights:- March 2008: Financial Crisis Escalation Gold prices surpassed $1,000 per ounce for the first time, driven by the Global Financial Crisis. Key Factors: - The collapse of Bear Stearns fueled fears of systemic financial instability. - Aggressive Federal Reserve rate cuts weakened the U.S. dollar, increasing gold’s appeal. Impact: Gold surged as a safe-haven asset during one of the most critical financial crises of the modern era. October 2008: Global Financial Crisis Peak Gold prices dropped to $681 per ounce initially due to forced liquidation but rebounded later, stabilizing around $730-$800 per ounce. Key Factors: - Forced selling to meet margin calls during the crisis. - Central banks introduced aggressive interventions, including interest rate cuts, to stabilize the economy. Impact: Despite short-term declines, gold regained its safe-haven status as market uncertainty persisted. Profits and Losses of New York Stock Exchange Broker-Dealers 2000 to 2008: Cost of the 2008 Financial Crisis : August 2011: All-Time High Amid Global Economic Uncertainty Gold reached a record high of $1,917 per ounce amid the U.S and Eurozone debt crisis and concerns about the U.S. economy. Key Factors: - Investors were concerned about the U.S. economy after the S&P downgrade of U.S. credit from AAA to AA+ earlier in August. - The 2011 U.S. Debt Ceiling Crisis was one of a series of recurrent debates over increasing the total size of the U.S. national debt. - Safe-haven demand surged as central banks maintained low interest rates. Impact: This period underscored gold's reliability during global economic turmoil. November 2015: Multi-Year Low Gold prices dropped to $1,050 per ounce, the lowest since 2010. Key Factors: - Expectations of a Federal Reserve rate hike reduced gold’s appeal. - Low inflation diminished its role as a hedge. Impact: The decline highlighted gold’s sensitivity to monetary policy and inflation expectations. August 2020: Record High During COVID-19 Gold hit an all-time high of $2,075 per ounce, driven by the global economic fallout from the COVID-19 pandemic. Key Factors: - Massive monetary and fiscal stimulus from central banks and governments. - Weak U.S. dollar and negative bond yields boosted demand. Impact: Gold cemented its status as a hedge against both inflation and economic uncertainty. September 2022: Aggressive Rate Hikes Gold dropped to around $1,615 per ounce as the U.S. Federal Reserve aggressively raised interest rates to combat inflation. Key Factors: - Rising bond yields and a strong U.S. dollar reduced gold’s appeal. - Geopolitical Uncertainty. mpact: This period reflected the inverse relationship between gold and rising interest rates. October 2024: Record Peak Gold surged to a new all-time high of $2,790 per ounce due to heightened geopolitical tensions and monetary policy shifts. Key Factors: - Ongoing conflicts in the Middle East and Eastern Europe. - Central banks’ easing policies and inflation fears supported the rally. Impact: This continued gold’s bullish momentum, driven by its safe-haven demand. Future Outlook for Gold in 2025 Key Expectations: 1. Bullish Momentum to Continue: - Gold is likely to remain on an upward trajectory, potentially breaking the $3,000 per ounce barrier. - Geopolitical uncertainty and inflation concerns will continue to drive demand. 2. Consolidation and Corrections: - Gold may face short-term corrections, with support levels at $2,600-$2,500, before resuming its bullish trend. 3. Critical Drivers: - Geopolitical Tensions: Persistent global conflicts will boost gold’s safe-haven appeal. - Monetary Policy: Central bank decisions, especially from the Federal Reserve, will influence gold prices. A pause or reversal in rate hikes will support bullish momentum. - Inflation Hedge: Rising inflation expectations will sustain demand for gold as a store of value. Key Levels to Watch: - Resistance Levels: $2,800, $3,000, and beyond. - Support Levels: $2,600, $2,500, and $2,300. Summary: Gold has consistently demonstrated its value as a safe-haven asset during periods of economic and geopolitical uncertainty. With its recent surge in October 2024 and the ongoing macroeconomic conditions, the outlook for 2025 suggests further bullish potential. However, investors should be prepared for short-term corrections before the continuation of its long-term upward trend. Gold's remarkable performance over various timeframes highlights its strength: - In 2024 alone, gold rose by 27.25%, marking a stellar annual performance. - Over the past 5 years, gold has gained an impressive 79.25%, showcasing sustained upward momentum. - Over the past 10 years, gold has soared by 121.00%, reflecting its resilience and importance as a long-term asset. Disclaimer: The insights and expectations shared in this analysis are based on my personal experience and deep understanding of the market. While these projections are grounded in my expertise, it is important to exercise caution and perform your own research before making any investment decisions. Remember, the market carries inherent risks, and past performance does not guarantee future results.
TVC:GOLDLong
by SroshMayi
7
Could the Gold drop from here?The price is reacting off the pivot which has been identified as an overlap resistance and could drop to the pullback support level. Pivot: 2,636.83 1st Support: 2,608.00 1st Resistance: 2,657.44 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAUUSDShort
by ICmarkets
Gold Analysis: Key Levels and Trends on the Year's Final DayGold Technical Analysis The price continues to consolidate within the range of 2,620 and 2,604, awaiting a breakout. A 1-hour or 4-hour candle closing below 2,604 would confirm a bearish trend, with potential targets at 2,585 and 2,558. Conversely, if a 4-hour candle closes above 2,623, it would signal a bullish trend, paving the way for upward movement toward 2,636 and 2,653. Key Levels: Pivot Point: 2615 Resistance Levels: 2623, 2636, 2645 Support Levels: 2604, 2591, 2585 Trend Outlook: Bearish below 2604 Bullish above 2623 previous idea:
OANDA:XAUUSDShort
by SroshMayi