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Xau-usd

Bullish continuation?The Gold (XAU/USD is falling towards the pivot and could bounce to the 1st resistance which has been identified as a pullback resistance. Pivot: 2,951.07 1st Support: 2,886.31 1st Resistance: 3,049.36 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
Could the Gold reverse from here?XAU/USD is rising towards the resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 3,032.98 Why we like it: There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement. Stop loss: 3,056.27 Why we like it: There is a swing high resistance level. Take profit: 3,005.17 Why we like it: There is an overlap support 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:XAUUSDShort
by VantageMarkets
1
Could the price drop from here?The Gold (XAU/USD) has reacted off the pivot and could drop to the pullback support. Pivot: 3,052.78 1st Support: 3,020.46 1st Resistance: 3,059.37 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
5
Bullish continuation?XAU/USD is falling towards the support level which is a pullback support that is slightly below the 38.2% Fibonacci retracement and could bounce from this level to our take profit. Entry: 2,952.19 Why we like it: There rise a pullback support level that aligns with the 38.2% Fibonacci retracement. Stop loss: 2,925.66 Why we like it: There is a pullback support level that lines up with the 61.8% Fibonacci retracement. Take profit: 3,000.05 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
Bearish drop?The Gold (XAU/USD) is reacting off the pivot and could drop to the 1st support which is a pullback support. Pivot: 2,990.27 1st Support: 2,955.64 1st Resistance: 3,004.91 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
3
Bearish drop?XAU/USD is rising towards the resistance level which is a pullback resistance and could drop from this level to our take profit. Entry: 2,925.63 Why we like it: There is a pullback resistance level. Stop loss: 2,953.39 Why we like it: There is a pullback resistance level. Take profit: 2,876.15 Why we like it: There is a pullback support 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:XAUUSDShort
by VantageMarkets
Could the Gold drop from here?The price is reacting off the pivot which is a pullback resistance and could drop to the pullback support. Pivot: 2,900.98 1st Support: 2,863.32 1st Resistance: 2,926.83 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
XAU/USD (Gold) Trendline Breakout (10.03.2025)The XAU/USD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Trendline Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 2877 2nd Support – 2860 🎁 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.
FX:XAUUSDShort
by KABHI_TA_TRADING
36
Gold has a strong bullish momentum, could it rise from here?The price haas bounced off the pivot and could potentially rise to the 1st resistance. Pivot: 2,859.06 1st Support: 2,790.01 1st Resistance: 2,989.91 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
XAU/USD Bullish Flag (06.03.25)The XAU/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Bullish Flag Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position around Trendline Of The Pattern. Target Levels: 1st Resistance – 2949 2nd Resistance – 2969 🎁 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
20
Bearish drop?XAU/USD has reacted off the resistance level which is a pullback resistance that is slightly below the 78.6% Fibonacci retracement and could drop from this level to our take profit. Entry: 2,925.63 Why we like it: There is a pullback resistance level that is slightly below the 78.6% Fibonacci retracement. Stop loss: 2,953.39 Why we like it: There is a swing high resistance level. Take profit: 2,880.98 Why we like it: There is a pullback support level that lines up with the 50% 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
GOLD to continue in the downward move?Gold - 24h expiry Our short term bias remains negative. The trend of higher intraday lows has also been broken. Offers ample risk/reward to sell at the market. 50 1hour EMA is at 2871. The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. We look to Sell at 2874.5 (stop at 2895.1) Our profit targets will be 2820.8 and 2809.8 Resistance: 2876.6 / 2890.0 / 2910.0 Support: 2855.0 / 2832.4 / 2815.0 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:XAUUSDShort
by OANDA
Bearish drop?The Gold (XAU/USD) is reacting off the pivot and could drop to the 1st support that is slightly above the 50% Fibonacci retracement. Pivot: 2,879.45 1st Support: 2,788.35 1st Resistance: 2,952.32 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
Bearish drop for the Gold?XAU/USD is rising towards the resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit. Entry: 2,882.39 Why we like it: There is an overlap resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement. Stop loss: 2,924.57 Why we like it: There is an overlap resistance level that is slightly below the 78.6% Fibonacci retracement. Take profit: 2,830.85 Why we like it: There is a pullback support 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:XAUUSDShort
by VantageMarkets
GOLD (XAU/USD) – Breakout or Deeper Pullback?Hello, Traders! 👋 What are your thoughts on gold? Gold remains in a robust uptrend, with each downturn providing a buying opportunity inside the trend. The ideal strategy at this point is to wait patiently for a price pullback to support levels before starting a buy position. Another method is to wait for a break above the most recent high before buying on a pullback to the broken level. The bullish trend continues, but trades must be performed with correct risk management and confirmation indications. What is your opinion on gold? Do you anticipate further growth? 🚀 GOLD (XAU/USD) – Breakout or Deeper Pullback? 🔥 💰 Gold Spot (XAU/USD) - 8H Chart Analysis 🔍 Market Insights: 🔹 Strong Uptrend: Gold continues to hold its bullish momentum, respecting the ascending trendline. 🔹 Key Resistance Zone: The $2,945 - $2,960 area has been acting as a supply zone (black box). 🔹 Fibonacci Support: Price recently tested the 0.236 Fib levels ($2,902 & $2,871), which align with a key demand zone (yellow box). 📈 Two Potential Scenarios: 📌 Bullish Breakout: If price holds above the trendline & reclaims resistance, we may see a breakout towards $2,980 - $3,000 🚀. 📌 Deeper Pullback: If support breaks, we could see a correction to $2,875 - $2,850 before a stronger reversal. 📊 Key Levels to Watch: ✅ Support: $2,902 - $2,871 (Fib Levels & Trendline) ✅ Resistance: $2,945 - $2,960 (Supply Zone) 💬 Do you think gold will break out or dip before the next leg up? Drop your thoughts below! 🔥👇 #gold #xauusd #forex #trading #priceaction #technicalanalysis
FOREXCOM:XAUUSDLong
by NexusTradesZone
XAU/USD (Gold) Trendline Breakout (21.02.2025)The XAU/USD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Trendline Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 2904 2nd Support – 2880 🎁 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:XAUUSDShort
by KABHI_TA_TRADING
43
Potential bearish drop?The Gold (XAU/USD) is reacting off the pivot which lines up with the 161.8% Fibonacci extension and could drop to the 1st support which has been identified as an overlap support. Pivot: 2,953.33 1st Support: 2,882.38 1st Resistance: 2,979.66 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
Gold is boring? Until it moves! – PipGuard Guide PT. 3 🔥 Gold is boring? Until it moves! – PipGuard Guide PT. 3 🔥 📢 Let's talk: FOLLOW ME, COMMENT, and DROP A BOOST! Because in here, we help each other and we mean business! 💪🔥 Welcome to the PipGuard Guide , the only one that tells it like it is: no filters, no fairy tales, just a pinch of sarcasm. Gold is playing hard to get (what a shock, right?), but trust me, sooner or later, it wakes up—and when it does, fireworks will follow. 🎯 Key levels to watch: 🚀 Bullish resistances: $2947 / $2943 🛠️ Bullish support: $2924 📉 Bearish resistances: $2918 / $2906 ⚔️ Make-or-break level: $2906-$2905 ➜ Above? Bulls take charge. Below? Bears lurking. 💎 PipGuard Targets: 🎯 Bullish Premium: $3015 🔻 Bearish Premium: $2856 Watch out for $2906: that’s the thin line between paradise and disaster. 📌 If we hold above: bulls have room to run, aiming for $3015. 📌 If we break below: bears take over, dragging us down to $2856. 💡 So, what’s the move? Wait for a strong signal, then act—no hesitation. We're dancing above $2906, but if we slip… expect a hard fall. The market is either slapping us in the face or rewarding us with solid gold. And you? Ready to take your position?! 🔥 DROP A BOOST and COMMENT BELOW! What do you think? Sleeping gold or ready to strike? See you on the battlefield! 🚀 PipGuard
FOREXCOM:XAUUSD
by PipGuard
1
Gold (XAU/USD) Technical Analysis – February 18, 2025Trend : Gold is in a strong uptrend, trading within a rising channel. The price has consistently respected the green trendline (support). Higher highs and higher lows confirm bullish momentum. Key Levels: Support: $2,750, $2,650 (major swing lows) Resistance: $2,950, $3,000 (psychological level) Technical Patterns: There are multiple bullish breakouts from consolidation zones, marked by red resistance trendlines. The recent breakout above $2,850 suggests a continuation toward $3,000. Ascending channel formation with a possible breakout to $3,250 in the long term. Indicators: Bollinger Bands: The price is riding the upper band, showing strong buying pressure. Momentum: Continues to favor bulls unless there’s a breakdown below $2,850. 1-Hour Chart (Second Image) Analysis Short-Term Trend: Gold recently retested support around $2,880 and is consolidating. Price is trading above the green trendline, maintaining a bullish structure. Bearish Pullback Areas: The bearish wick at $2,940 suggests rejection from strong resistance. A break below $2,880 may signal a temporary correction toward $2,850. Key Intraday Levels: Support: $2,880, $2,850 Resistance: $2,940, $3,000 Possible Setups: Breakout Buy: Above $2,940 → Target $3,000. Support Buy: Around $2,880–$2,850 with stop loss below $2,840. Short-term Sell: If price rejects $2,940 again, targeting $2,880. Trading Ideas & Strategy 1. Swing Trading (Daily Chart Perspective) Long Entry: Buy on a pullback near $2,850–$2,880, targeting $3,000–$3,250. Stop Loss: Below $2,820. 2. Intraday Trading (1H Chart) Buy: If price reclaims $2,940 → Target $3,000. Sell: If price rejects $2,940 again → Target $2,880 with a stop loss at $2,955. 3. Risk Management Keep SL tight (~$20-$30 range) due to Gold’s volatility. Use trailing stop loss to secure profits as price moves higher. Conclusion Bullish Trend Dominates: Gold remains in a strong uptrend, and as long as it holds above $2,850–$2,880, buying dips remains the best approach. Short-term Rejections Possible: If resistance at $2,940 holds, a small pullback may happen before another push higher. Long-term Target: $3,000–$3,250 remains achievable in the coming weeks if bulls maintain control.
VANTAGE:XAUUSDLong
by DhandaTheGreat
Bullish bounce?The Gold (XAU/USD) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance. Pivot: 2,790.01 1st Support: 2,721.96 1st Resistance: 2,929.89 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