Xauusdanalysis
Gold is Ready to Pump Again==>>Short-term!!!Gold ( OANDA:XAUUSD ) is currently moving near the Resistance zone($2,670-$2,653) and the 50_SMA(Daily) .
Regarding Classic Technical analysis , Gold is moving in the Ascending Broadening Wedge Pattern .
According to the theory of Elliot waves , it seems that Gold has completed microwave 4 , and we should wait for microwave 5 .
I expect that Gold can have an upward trend in the coming hours and can attack the Resistance zone($2,670-$2,653) for the umpteenth time.
⚠️Note: If Gold breaks the Support zone($2,639-$2,630), we can expect more dumps⚠️.
🔔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 is expected to rise to the 2670-2680 after consolidatiGold has been consolidating intraday, fluctuating primarily within the 2645-2655 range. From the structural perspective, it is evident that although gold has repeatedly faced resistance near 2655 in the short term, there is no significant downside retracement, resembling the previous staircase-like upward movement. This suggests that gold could utilize the consolidation phase to build upward momentum, paving the way for a breakout rally toward the 2670-2680 zone.
Therefore, in the short term, I remain bullish on gold. Key support levels to watch are concentrated in the 2645-2635 range.Bros, are you optimistic about the continued rise of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Based on this chart for Gold (XAU/USD), here’s an analysis:
Based on this chart for Gold (XAU/USD), here’s an analysis:
Observations:
1. **Current Price Level**:
The price is at approximately **2,652.53**, moving upward within a curved trendline pattern, suggesting bullish momentum.
2. **Support Zone (Red Area)**:
- A demand/support zone lies below **2,640**, where the price previously reacted with strong buying momentum.
3. **Intermediate Resistance (Light Gray Zone)**:
- A resistance area is visible near **2,665**, where price may face initial selling pressure. It has been tested and rejected recently, but buyers are pushing back toward this zone.
4. **Upper Resistance Zone (Dark Gray Zone)**:
- The primary resistance zone lies around **2,680 to 2,700**, marking a potential target for the upward move. This area has acted as a strong reversal point in the past.
5. **Bullish Cup-and-Handle/Curved Trendline**:
- The blue curved line indicates a potential **cup-like bullish formation**, which often leads to a breakout if sustained momentum persists.
Potential Scenarios:
1. **Bullish Continuation**:
- If the price breaks above the **2,665** resistance zone, it could quickly move toward the next resistance zone at **2,680–2,700**.
- Buyers will likely target **2,700** as the final upside level for this move.
2. **Resistance Rejection**:
- A rejection at **2,665** could lead to a pullback toward the support at **2,640** or even the demand zone near **2,620**.
Strategy:
- **For Buyers**:
- Wait for a confirmed breakout above **2,660** and target the **2,680–2,700** zone.
- Alternatively, consider entering on pullbacks around **2,640**, with stops below **2,620**.
- **For Sellers**:
- Look for rejection signals at **2,665** or the upper resistance zone (**2,680–2,700**) to short toward **2,640** or **2,620**.
XAUUSD Top-down analysis Hello 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.
XAUUSD: 8/1 Today's Market Analysis and StrategyTechnical analysis of spot gold
Daily resistance 2664, support below 2580
Four-hour resistance 2664, support below 2642
Gold operation suggestions: The rhythm of the shock has not changed, the wide range of shocks in the large range, try not to make a move in the middle position, especially the long and short situation in the European session is very critical. At present, the key selling pressure above is still at the 2665 line, and the price has also hit a high and stopped here for many times. The support below the day is at the 2632 line. For the time being, it is around this range to sell high and buy low, and wait patiently before participating.
In the 1-hour trend, gold hit a high and was suppressed by 2665, then fell to 2642 and rebounded. It rebounded to 2655 in the late trading and then fell again. Today, it continued to fall to 2645 in the Asian session, but has not yet fallen below the overnight low of 2642. Then the European session will focus on 2642 and 2655. The breakthrough will be postponed to a certain extent, but it is still difficult to escape the repeated sawing of the large range. It is temporarily on the sidelines during the day. The middle position is to shuffle back and forth repeatedly. Don't rush to enter the market. Pay attention to the trend of the European session and put the trading time in the US session. Try to trade at the edge of 2632-2665.
It should be noted that if it breaks through 2665, it may form a unilateral rise, and then it will follow the trend and buy.
BUY:2642near
BUY:2627near
SELL:2664near
The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.
XAU/USD 08 January 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Analysis/Intraday expectation remains the same as analysis dated 16 December 2024.
Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase.
Price Action Analysis:
Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity,
for two possible reasons.
1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high.
2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855.
Intraday Expectation:
Intraday expectation and alternative scenario as per points 1 and 2.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Price Action Analysis:
Price did not meet yesterday's intraday expectation targeting weak internal low, by printing a bullish iBOS.
Price has printed a bearish CHoCH indicating, but not confirming bullish pullback phase initiation.
We are now trading within an established internal range.
Intraday Expectation:
Technically, price to trade down to discount of 50% internal EQ or M15 demand zone before targeting weak internal high, priced at 2,664.330.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
The upward trend will continue, target: 2670-2680Gold affected by bearish PMI data, initially pulled back to the 2642 level before rebounding sharply to a high of 2656. It has since slightly retreated but remains in a consolidation phase overall.
While gold's short-term bullish momentum has weakened somewhat, it is unlikely to establish a new downtrend in the near term. Recent pullbacks have consistently preserved the bullish structure, and during the rebound attempts yesterday and today, two long lower wicks have formed on the candlestick charts, signaling strong buying support below. Therefore, gold remains poised to break above the recent high of 2665 after this consolidation phase and extend its rally toward the 2670-2680 zone, or potentially even 2690.
Following today’s trading strategy, I entered a long position on gold at 2640 and manually closed it around 2659 to secure profits. Although I missed the opportunity to go long near 2642 after the PMI-driven pullback, I observed the formation of a W-bottom pattern on the 5-minute candlestick chart. This prompted me to re-enter a long position around 2646, and, given gold's current consolidation phase, I promptly closed the position at 2652 to lock in profits.
For upcoming trades, the candlestick chart shows an upward bias, and we will continue to prioritize long positions in short-term trading. However, the key support zone to watch has now shifted higher to the 2645-2635 range.
Bros, have you followed me and made a profit by going long gold? There will still be opportunities to participate in the long gold trade later. If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Gold Analysis: Key Levels and Trade OpportunitiesChecklist for a Sell at $2,655
Long upper wicks (indicating strong selling pressure
Stop-Loss: Above $2,665 to manage risk.
Take-Profit Targets:
First target: $2,645.
Second target: $2,635.
Checklist for a Buy Entry at $2,637:
A bullish engulfing candle.
Stop-Loss: Below $2,630 to minimize risk.
Take-Profit Targets:
First target: $2,650.
Second target: $2,655.
Extended target (if the trend continues): $2,665.
Buy gold on dips, the rise may extend to 2680-2690Bros, as outlined in the trading strategy shared in my previous article, we went long on gold near the 2640 level. Subsequently, gold rallied as anticipated, hitting my target zone of 2655-2660. We manually closed our long positions around 2659, securing an easy profit of nearly 200 pips—a highly effective trading strategy!
In the short term, gold reached a high of around 2664 during its upward movement. However, due to the impact of PMI data, gold experienced a sharp pullback and is now trading back near the 2642 level. Despite this data-driven decline, I do not recommend chasing liquidity by shorting gold. The bullish structure remains intact, as evidenced by multiple pullbacks that failed to disrupt the uptrend. Moreover, strong buying interest at lower levels continues to support gold, which still has potential for further upside. I anticipate that this round of upward movement may at least test the 2670-2675 zone, with the possibility of extending to 2680-2690.
For the upcoming trades, our primary strategy remains to buy on dips. Key support levels are concentrated in the 2630-2640 range.Bros, are you optimistic about the continued rise of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
XAUUSD making an amazing buy run! (Confirmation of buy trade)Hey everyone this is your boy Hunbal! I am looking for a good sell trade ready for asian session XAUUSD is ready for a bull run I have 2 confirmation one the rejection from the suppoprt level and second choc in m30 time frame so we are hoping a good buy from here (2636) our take profit will be 100 pips 2646 and our stop loss will be 80 pips 2628 I wish we all together print some money.
Good Luck :)
Buy gold, target: 2655-2660Although gold briefly dropped to the 2615 level yesterday, it quickly rebounded, indicating strong buying interest below. Many investors have been gradually accumulating positions during the pullback, which underscores gold's strong resistance to further declines.
Additionally, gold has recently shown a tendency for sudden and unpredictable price swings, eliminating a significant portion of positions through repeated shakeouts.This is why I often mention locking profits in time in recent transactions.
In short-term trading, I remain bullish on gold. Therefore, I suggest patiently waiting for a pullback and using the 2640-2630 zone as support to gradually build long positions in gold.
Bros, do you believe gold will extend its rebound? If you’re interested in learning more detailed trading strategies and receiving additional trade signals, you can join the channel linked at the bottom of the article. Let’s make trading easier and turn profit-making into an enjoyable journey!
"Gold Technical Analysis: Bullish Breakout
Based on the chart, here is the analysis:
1. **Resistance Area:**
- The green shaded zone above the current price marks a potential resistance zone. This is where sellers may become active, halting further upward movement.
2. **Breakout Confirmation:**
- The price has broken above a horizontal resistance zone (marked by the black line). This breakout is a bullish signal, suggesting potential continuation to the upside.
3. **Bullish Momentum:**
- The recent upward move shows strong bullish momentum, as seen in the series of higher highs and higher lows.
4. **Target Zone:**
- If the price continues upward, the next significant resistance or target is likely within the green zone, where the price may face selling pressure.
5. **Key Levels:**
- Support: The broken resistance at ~2650 could act as a new support if the price retests this level.
- Resistance: The green zone around ~2665–2675.
**Potential Trade Plan:**
- **Buying Opportunity:**
- If a retest occurs near the breakout zone (~2650), it may offer a good entry for a long position with a target toward the resistance zone.
- **Selling Opportunity:**
- Monitor price action around the green zone (~2665–2675) for rejection signals or a potential reversal setup.
Would you like me to update this analysis based on any specific targets or time frames?
GOLD in 2025. The Main Fundamental Trigger Explained
Many of you asked me to provide long-term analysis for Gold
and my predictions for 2025.
Gold remains in a strong bull run since 2019.
The first trigger for a massive bullish rally was Covid .
The end of lockdowns made Gold finally stop the rally.
The second strong bull run was triggered by the initiation of a "Special Military Operation" in Ukraine by Russia in 2022.
The rally become even stronger with the third bullish wave being caused by the start of Israeli Palestinian conflict.
The main drivers that push Gold prices up are the wars, complete uncertainty and the expectations of further escalations.
However, the US elections and promises of Trump to stop the wars and bring peace made Gold stop growing and initiate quite a remarkable bearish rally in November.
Now the market awaits if Trump will manage to deliver his campaign promises .
If his administration finds a way to stop conflicts in Ukraine and Gaza, Gold will start falling to lower structure levels.
Failure of Trump to bring peace and the escalation of geopolitical tensions in contrary will trigger another bullish rally to new all-time highs.
Pay attention to the actions of Trump after the inauguration and let's hope for the best!
❤️Please, support my work with like, thank you!❤️
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.
XAUUSD XAU/USD, GOLD
In the Forex market, gold is a form of currency. The internationally accepted code for gold is XAU which is a symbol used under the ISO 4217 currency standard to denote one troy ounce of gold. It is known to be a “safe-haven” asset, expected to increase its value in times of volatility and economic uncertainty.
The XAU/USD pair tells the trader how many US Dollar (the quote currency) are needed to purchase one Gold Ounce (the base currency). The United States is the country that holds the biggest resources of gold in the world.
XAUUSD:7/1 Today's Market Analysis and StrategyGold technical analysis
Daily resistance 2660, support below 2580
Four-hour resistance 2645, support below 2600-2580
Gold operation suggestions: Gold fluctuated narrowly on Tuesday and is currently trading around 2639. Gold prices fell slightly on Monday. The Federal Reserve recently hinted that it would slow down the pace of interest rate cuts in 2025. U.S. Treasury yields climbed to a new high since May. Gold prices hit a three-day low of around 2614 during the session. However, there were conflicting reports on how aggressive the tariff plan of U.S. President-elect Trump would be after taking office. The U.S. dollar index fell to a new low in more than a week, and gold prices rebounded slightly in late trading.
From the 4-hour analysis, we focus on the short-term suppression of the 2645 line on the top, and the short-term support of the 2637-27 line on the bottom, with a focus on support of 2600. The operation is mainly to buy on dips, supplemented by range trading.
BUY:2627near
BUY:2614near
The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.