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Xauusdanalysis

Smart Gold Trading Strategy: Catching the Next Big Move! Hello, traders! 👋✨ Welcome to a new market analysis. Today, we’re diving into a trade on gold (XAU/USD) on the 1-hour chart. 🚀 This precious metal continues to provide great opportunities, and this time is no different. I’ve decided to go long at the 2670 level, and here are the details of my strategy: - Entry (Long): 2670 - Take Profit (TP): 2734 - Stop Loss (SL): 2606 This trade is supported by technical analysis. The price appears to be holding a key support level, and indicators are signaling potential for an upward move. The stop-loss is set at 2606 to protect against unexpected reversals, while the take-profit target at 2734 aligns with a strong resistance zone. The risk-to-reward ratio here looks very promising. 📈 While my target is set, I’m always ready to adjust. If I see an opportunity to take profits earlier, I won’t hesitate to act. Staying flexible is key in trading! 📊🚀 What do you think of this setup? Are you trading gold this week? Let me know in the comments, and don’t forget to like and subscribe for more trading insights! 🔥 Disclaimer: This content is for educational purposes only and is not financial advice. Trade at your own risk and consult a professional before making investment decisions.
CAPITALCOM:GOLDLong
by MetalsMine
Gold Analysis==>>PumpingToday, U.S. Retail Sales figures were released. Retail sales increased by 0.7% , surpassing the forecast of 0.6% . However, Core Retail Sales rose by only 0.2% , below the anticipated 0.4% . These figures indicate continued strength in U.S. consumer spending, which can lead to a stronger U.S. dollar ( TVC:DXY ) . A stronger dollar typically exerts downward pressure on gold prices, as gold is priced in dollars, making it more expensive for international investors when the dollar appreciates. However, it's important to note that multiple factors influence gold prices, including upcoming Federal Reserve decisions on interest rates and global economic conditions. ---------------------------------------------- Gold ( OANDA:XAUUSD ) continued to fall as I expected and is currently moving through the Support zone($2,642-$2,620) and the Potential Reversal Zone(PRZ) . According to Elliott's wave theory , Gold seems to be completing wave 5 . Also, we can see the Regular Divergence(RD+) between Consecutive Valleys. I expect Gold to start rising again from the PRZ and Support lines and attack the Resistance lines . ⚠️Note: If Gold breaks the Support zone($2,642-$2,620), we can expect more dumps.⚠️ 🔔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.
OANDA:XAUUSDLong
by pejman_zwin
4
XauUsd- New leg down towards 2610 support?In my Friday analysis, I highlighted that while the 2660-2665 zone is a technical support, it is too obvious and very likely to fall. This prediction came true as the week closed with Gold trading below this level, forming a strongly bearish daily candle. Additionally, a Pin Bar from the 2700+ resistance zone appeared on the weekly chart, reinforcing the bearish outlook. During the Asian session last night, the price tested the ascending trendline, and as of now, Gold is trading at 2656, hinting at a potential rebound following the 800-pip drop from its recent peak. Looking ahead, if a deeper rebound occurs, the 2680 zone will be a key level for bears to monitor. This area presents an ideal shorting opportunity given its favorable risk-to-reward setup. At the moment, I’m out of the market, waiting to sell into signs of weakness, with 2610 support as my target.
OANDA:XAUUSDShort
by Mihai_Iacob
18
XAU/USD 18 December 2024 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: Bearish. Price Action Analysis: I have been mapping systematically. Since last analysis, price has been printing erratically, printing a bearish iBOS, followed by a double bullish iBOS and most recently a bearish iBOS. Price is trading within an established internal structure. Intraday Expectation: Price is currently trading at premium of internal 50% EQ and has minimally tapped in to M15 supply zone. Price is expected to target weak internal low priced at 2,642.830 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:
OANDA:XAUUSD
by Khan_YIK
#XAUUSD 1HXAUUSD Based on the 1-hour analysis, I am observing the resistance zone around 2660.00 and 2665.00 for potential selling opportunities. Target levels: 2655.00, 2640.00, 2625.00, 2614.00, and 2605.00. Key pattern: Bearish engulfing near the resistance area. Important note: Avoid placing any pending orders at this time. Wait for strong bearish confirmation signals before entering a trade. If the price successfully closes above 2672.00, it is recommended to avoid taking sell positions.
OANDA:XAUUSDShort
by PIPSFIGHTER
#XAUUSD 4HXAUUSD Based on the 4-hour analysis, I am currently monitoring key support levels at 2610.00 and 2605.00 for potential buying opportunities. Target levels: 2660.00, 2680.00, 2700.00, and 2780.00. Important note: If the price closes below 2600.00, it is advisable to avoid any buying positions. For now, refrain from placing any pending orders. Wait for strong bullish confirmation signals before entering a trade. This setup represents a significant swing trade opportunity.
OANDA:XAUUSDLong
by PIPSFIGHTER
Gold Market Update: Indecision Dominates Ahead of FEDYesterday, OANDA:XAUUSD broke below the key confluence support at 2645. However, the drop lacked meaningful follow-through. After reaching a local low at 2633, the price reversed and closed right at the confluence level. As of now, gold remains virtually unchanged from Friday's close. Monday saw a spike up to 2665, while yesterday marked a dip to 2633, reflecting market indecision. Technical Perspective: At the time of writing, gold is trading below this critical level, currently at 2643. If the break below support proves genuine, bears will likely target the 2610-2615 zone, as highlighted in my previous analyses. Conversely, if the price climbs back above 2655, the recent dip would be considered a false breakout, shifting the focus to the upside, with the 2680 zone as the next target. FED's Influence: The market awaits clarity from the Federal Reserve’s announcement and press conference today, which could provide direction for gold in the coming days.
OANDA:XAUUSD
by Mihai_Iacob
4
Gold Influenced by Various Factors, Focus on The Fed's DecisionGold prices need to clear $2,664-$2,664 levels for investors to gain control of the short-term market. From a technical perspective, any subsequent up-move might face hurdles near the weekly highs, around the $2,664-$2,666 area touched on Monday, ahead of the $2,677 area. A sustained strength beyond the latter should allow Gold prices to reclaim the $2,700 round figure. The up-move could extend towards the monthly swing highs, around the $2,726 zone, above which XAU/USD is likely to resume its upward trajectory. On the flip side, the overnight swing low, around the $2,633 region, now seems to protect the immediate downside ahead of the monthly trough, around the $2,614 zone. This is followed by the $2,600 level, which, if broken decisively, will be seen as a fresh trigger for bearish traders and make Gold prices vulnerable to extending the recent sharp decline from the one-month highs touched last week.
FOREXCOM:XAUUSDShort
by yunusbachtiarr
XAUUSD TODAY CHART OUTLOOKBased on the analysis of this chart, the market demonstrates a cyclical trend of rising and falling movements. This pattern of fluctuations presents opportunities for significant earnings, as it allows investors to capitalize on both upward and downward trends. Understanding these market dynamics and strategically timing investments during these shifts can lead to substantial financial gains. By leveraging this predictable volatility, individuals or institutions can position themselves to maximize profits in both bullish and bearish market conditions.
OANDA:XAUUSD
by SadarExplore
Trend analysis and strategy, continue to look at reboundGold bottomed out and rebounded on the daily line, MA10/7-day moving averages were flat at 2661/70, and the RSI indicator was running at the 50 value of the middle axis. The short-term four-hour chart bottomed out and rebounded, and the Bollinger Band lower track 2630 was supported to a certain extent. The hourly moving average golden cross opened upward, and the RSI indicator bottom diverged and stood above the middle axis. The callback during today's trading day is still mainly for low-price longs, and then consider selling. After yesterday's decline, gold continued to return to volatility. After today, the NY market will usher in the Fed's interest rate decision, so gold will most likely continue to fluctuate before the Fed's interest rate decision, and then wait for the Fed's interest rate decision to decide the winner. The 1-hour moving average of gold is still in a short position. The gold rebound still focuses on the resistance near the last high of 2667 and continues to see a volatile decline. Gold rebounds above 2660 and can continue to be short. Pay attention to the 2633 first-line support below. Gold fluctuates in this range and waits for the Fed's interest rate decision before choosing a direction. First support: 2640, second support: 2633, third support: 2615 First resistance: 2658, second resistance: 2667, third resistance: 2678 Trading strategy: Before the US interest rate decision, sell high and buy low in the range of 2633~2667
OANDA:XAUUSDLong
by Jun-GoldAnalyst
Buying opportunity at 2643-2628Gold is currently facing some selling pressure near 2648, but the overall trend remains bullish with a high probability of breaking through. In the coming days, prices are likely to rise above 2660, making buying the primary trading direction for now. In a weak market, gold may fluctuate multiple times within the 2643-2628 range to build up momentum. In a strong market, prices could rally after just one retest today. However, there’s also a possibility of breaking below the support. If that happens, the likelihood of a short-term drop to 2580 will increase significantly.
OANDA:XAUUSDLong
by TradingGuide_Dean
Go long gold near 2633 as scheduledBros, I have been suggesting that gold is likely to continue to fall to the 2635-2630 area in the past two days. At present, gold has fallen back to this area as expected. We have made a lot of money in gold short trading in the past two days! Congratulations to those friends who followed my trading strategy! At present, the lowest price of gold has reached around 2633, so the support of the 2635-2630 area is effective in the short term, and gold has failed to fall below this area several times during the decline, so this area has become an important defensive position for bulls in the short term, so there should be some buying funds here, whether it is to seize control or to play between the long and short sides, the bulls should perform well in this range. So in terms of short-term trading, I prefer to start long gold near 2633, and I have already done so. Moreover, there is still strong support in the 2625-2620 area below. If gold continues to fall, I will consider adding positions to long gold in the 2625-2620 area again. Bros, I have already started to go long on gold. Are you optimistic about the rebound 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!
OANDA:XAUUSDLong
by Trader_Marvin
Gold range fluctuations, short-term profit strategyOn the daily level, the pressure is at 2665-2675, and the support below is around 2640. If it continues to weaken, the rebound may not be too large, but it is a small deviation, so it is not easy to chase the short for the time being, waiting for the rebound to go short. If it breaks 2640 further below, then it will be a small rebound and go short, but for now, it is still tentatively set at 2640-2675 for the beginning of the week! Overall, today's short-term operation strategy for gold is to focus on rebound shorting and callback longing. The short-term focus on the upper side is 2670-2675 resistance, and the short-term focus on the lower side is 2640-2643 support.
OANDA:XAUUSD
by ckb6ckb6
XAUUSD Gold (XAU/USD) puts pressure on daily lows and trades below $2,660 on Friday’s early American session. The US Dollar (USD) reclaims its leadership ahead of the weekly close, helped by rising US Treasury yieldsGold price faced rejection at higher levels on Thursday and turned south before finding support at the 50-day Simple Moving Average (SMA) at $2,671 early Friday. The 14-day Relative Strength Index (RSI) has also witnessed a renewed upside while holding well above the 50 level. If Gold price resumes the recovery momentum, it could retest the multi-week high of $2,726, above which 2,750, the confluence of the psychological barrier and the November 5 high, will act as a tough nut to crack. A failure to defend the 50-day SMA support at $2,671 on a daily candlestick closing basis will prompt sellers to target the 21-day SMA at $2,650 once again.
FOREXCOM:XAUUSDShort
by KingForex078
#XAUUSD/GOLD 4HXAUUSD 4-Hour Analysis The XAUUSD (Gold) pair has broken below a significant trendline support on the 4-hour chart, signaling a shift in momentum to the downside. This breakdown indicates increased selling pressure and provides a strong opportunity for bearish positions. Technical Outlook: Pattern: Trendline Support Line Breakdown Forecast: Bearish (Sell Opportunity) Entry Strategy: Enter a sell position after confirming the breakdown with bearish price action signals, such as a retest of the broken support line acting as resistance or the formation of lower highs and lower lows. Traders should monitor indicators like RSI for confirmation of bearish momentum or MACD for a bearish crossover. Risk management is essential, with stop-loss orders placed above the retest level and profit targets set at key support zones below.
OANDA:XAUUSDShort
by PIPSFIGHTER