1/7 Gold Trading StrategiesAfter experiencing significant volatility, gold is now in a narrow consolidation phase. Based on previous price movements, this range appears to be relatively stable. Therefore, the trading suggestions are as follows:
Sell between 2641 and 2646, with a (TP) at 2634-2628 and a (SL) at 2649.
Buy between 2624 and 2617, with a (TP) at 2632-2637 and a (SL) at 2613.
Xauusdbuy
Gold (XAU/USD) Technical Analysis - Price Structure on 30-MinuteGold (XAU/USD) Technical Analysis - Price Structure on 30-Minute Timeframe
In the provided chart, two key support and resistance zones are identified as S_R 1 and S_R 2, which play significant roles in determining price reactions:
Resistance Zone (S_R 2):
This level represents the recent short-term peak and is likely to play a critical role in shaping the next price movement.
Support Zone (S_R 1):
If the current corrective move continues, this level could act as a crucial support area, potentially triggering a price reversal to the upside.
Possible Scenario:
After reaching the recent high (S_R 2), the price has formed a classic pattern, indicating a short-term bearish correction.
Based on the current price structure, it is anticipated that the price will first approach the marked support zone (S_R 1). After completing the correction, it is likely to resume its upward trend.
Conclusion:
The best approach is to monitor price behavior carefully and adapt strategies accordingly.
Xauusd buy Gold price attracts some follow-through sellers at the start of a new week and retreats further from a nearly three-week high, around the $2,665 region touched on Friday. The prospects for slower Fed rate cuts in 2025 keep US Treasury bond yields elevated, undermining the non-yielding yellow metal.
Xauusd buy 2625
Support 2635
Support 2645
Samll sell
XAU/USD Longs from 2,630 or 2,610 back upThis week, my GOLD analysis focuses on the continuation of the bullish trend. Last week, GOLD showed significant bullish momentum, and we can expect the price to retrace into an unmitigated demand zone before resuming its upward direction.
I’ll be watching for the price to tap into either the 7-hour or 4-hour demand zone below. Once it does, I’ll closely monitor lower time frames for confirmation. If the setup aligns, I’ll look to take buy trades with the trend, aiming to clear liquidity resting above.
Confluences for GOLD Buys:
- Recent and overall bullish momentum.
- Unmitigated demand zones near the current price.
- A confirmed break of structure to the upside.
- Significant liquidity above, including Asia highs and imbalances.
Note: As the price approaches a key supply zone, we might see some bearish pressure. This could present an opportunity for a potential counter-trend trade.
Xauusd next target 2667 when market openHere's a summary of your updated XAU/USD trade plan:
Trade Plan
- _Entry Point_: 2639/2634 (current)
- _Target_: 2667
- _Stop-Loss_: 2627
Market Analysis
The XAU/USD is experiencing a bullish trend, driven by a weakening US dollar and increasing inflation concerns.
Technical Analysis
- _RSI Indicator_: The Relative Strength Index (RSI) is above 50, indicating a bullish momentum.
- _Moving Averages_: The 50-day moving average is trending upwards, supporting the bullish view.
- _Support Levels_: The support levels at 2627 and 2620 could provide a buying opportunity in case of a pullback.
Risk Management
- _Risk-Reward Ratio_: Your risk-reward ratio is approximately 1:3.3, which is relatively aggressive.
- _Position Sizing_: Make sure to adjust your position size according to your risk tolerance and account size.
Trade Progress
You're currently 28-33 pips away from your entry point confirmation. Keep monitoring the market and adjust your strategy as needed.
Stay disciplined and stick to your trade plan. Good luck!
Stick to buying gold on dipsBros, during the second pullback, gold touched the 2639 level but failed to decisively break below it. Clearly, the bullish structure of gold remains intact. In fact, as long as gold holds above 2635, it indicates that the bulls have not entirely lost control.
I believe this pullback is merely a healthy correction within the broader uptrend, serving as a consolidation phase. Once gold stabilizes, it is likely to resume its upward trajectory. If gold can rebound above 2645 in the short term, bullish momentum will undoubtedly gain further strength, reinforcing the bullish signal.
Therefore, I see this short-term pullback as an excellent opportunity to accumulate gold at discounted levels. Let’s use this retracement to build positions at favorable prices, and once gold rebounds, it may deliver surprising and exceptional returns!
Bros, 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!
Scalping XAU ! Gold corrects after strong weekend gains⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) edge higher during Friday's European session as markets await the release of the US ISM Manufacturing Purchasing Managers' Index (PMI) for December, scheduled for 15:00 GMT. The PMI is expected to remain unchanged at 48.4, signaling continued contraction in manufacturing activity.
The precious metal delivered an impressive performance in 2024, gaining over 27%—its strongest annual return since 2010. This rally has been driven by robust safe-haven demand amid ongoing geopolitical tensions in the Middle East and the extended Russia-Ukraine conflict.
Additionally, according to sources cited by Axios, US President Joe Biden reportedly discussed contingency plans to target Iran's nuclear facilities should Tehran make significant advancements toward developing a nuclear weapon before Donald Trump's inauguration on January 20. These talks underscore growing concerns about Iran's nuclear ambitions during the transitional phase between administrations.
⭐️Personal comments NOVA:
short term frame adjustment, creating more liquidity for the market, waiting for liquidity zones to set up BUY scalping signals
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2646 - $2644 SL $2641 scalping
TP1: $2649
TP2: $2653
TP3: $2658
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Continue to hold long positions, target: 2670-2680Bros, as I mentioned in my previous article, gold remains in a clear bullish structure. The recent short-term pullback is merely a consolidation phase to accumulate bullish momentum for further upside. As anticipated, gold retraced to the 2650-2640 zone, reaching a low of around 2650 before rebounding. Currently, gold has recovered to approximately 2658.
In line with my trading strategy, I have already entered long positions on gold. Although I went long slightly earlier at around 2651, it is clear that gold has rebounded as expected, and our long positions are now profitable! Based on the step-like structure of gold's upward trend, there is still potential for gold to continue rising to the 2670-2680 region. Let’s hold on to our long positions and look forward to achieving even greater profits!
Bros, have you followed me to do long 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 Buy analysis Gold prices (XAU/USD) edges higher in Friday's European session ahead of the United States (US) ISM Manufacturing Purchasing Managers' Index (PMI) data for December, which will be published at 15:00 GMT. The Manufacturing PMI is seen steady at 48.4, suggesting that activities contracted at a steady pace.The precious metal has a stellar performance in 2024 with gains exceeding 27%, the metal’s best annual return since 2010. This sustained rally is attributed to strong safe-haven demand amid persistent geopolitical tensions in the Middle East and the prolonged Russia-Ukraine conflict.According to three sources cited by Axios, US President Joe Biden reportedly discussed contingency plans to strike Iran’s nuclear facilities if Tehran made significant progress toward developing a nuclear bomb before Donald Trump’s inauguration on January 20. These discussions highlight heightened concerns over Iran’s nuclear ambitions during the transitional period between administrations.Gold price trades near $2,660.00 per troy ounce on Friday, with the daily chart signaling an emergence of a bullish bias. The metal price has climbed above the nine- and 14-day Exponential Moving Averages (EMAs), indicating a strengthening bullish momentum in the short term. Moreover, the 14-day Relative Strength Index (RSI) has risen above the 50 level, further supporting the development of a bullish bias
GOLD Buy NOW
#XAUUSD
GOLD BUY 2655 _ 2660
TP¹ : 2665
TP² : 2670
TP³ : 2675
TP4: 2680
STOP : 2645🛑
100% CONFIRM SIGNAL
Use Proper Money
Management. Consistency is
Don't be afraid of pullbacks, buy gold!Currently, gold's rebound has stalled around the 2665 level, followed by a pullback to a low of approximately 2652. Many are likely wondering how far this retracement might extend.
From the current structure, despite the pullback, gold remains in a clear bullish trend. During its upward movement, gold gained strong momentum, breaking through multiple resistance levels at 2635, 2640, and 2655. Based on this bullish momentum, gold still has room to continue rising, with potential targets at 2670-2680 or even 2695.
It is evident that the short-term retracement in gold is likely a consolidation phase to build momentum for the next upward move. Therefore, there’s no need to fear the pullback. If gold retraces to the 2650-2640 zone, I believe this would present a strong buying opportunity to go long.
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!
Strong bulls! Waiting for price zone 2686! GOLD⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
China's manufacturing sector saw limited growth in December, while the services and construction industries showed signs of recovery. This reflects the initial impact of policy measures as China braces for potential trade challenges linked to tariffs proposed by US President-elect Donald Trump.
In other developments, Reuters reported that Russia conducted a drone strike on Ukraine’s capital, Kyiv, early on New Year’s Day. The attack resulted in two deaths, at least six injuries, and damage to buildings in two districts. Explosions reverberated through the morning as Ukraine’s air force issued drone alerts.
Meanwhile, the Israeli military intensified operations in northern Gaza, targeting a suburb of Gaza City on Wednesday, according to medics. Airstrikes in Shejaia claimed the lives of at least eight Palestinians. The Israeli military has not commented on the incident, and the identities of the victims remain unknown.
⭐️Personal comments NOVA:
The uptrend continues, the long-term frame is recovering well, waiting for 2 liquidity zones to pay attention to: 2671, 2686
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2671 - $2673 SL $2676 scalping
TP1: $2665
TP2: $2658
TP3: $2650
🔥SELL GOLD zone: $2686 - $2688 SL $2693
TP1: $2680
TP2: $2670
TP3: $2660
🔥BUY GOLD zone: $2638 - $2636 SL $2631
TP1: $2645
TP2: $2658
TP3: $2670
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
XAUUSD Gold price (XAU/USD) rises for the third consecutive session on Thursday, following a more than 27% increase in 2024, marking its best performance since 2010. This upward momentum has been driven by US monetary easing, persistent geopolitical tensions, and record central bank purchasesGold price trades near $2,630.00 per troy ounce on Thursday, with the daily chart indicating a consolidation phase as the metal moves sideways. However, the price of the yellow metal moves above the nine- and 14-day Exponential Moving Averages (EMAs), suggesting a bullish shift in the short-term momentum. Additionally, the 14-day Relative Strength Index (RSI) hovers around the 50 mark, reflecting a neutral sentiment.However, the non-interest-bearing Gold may encounter some headwinds as the Federal Reserve (Fed) is expected to take a more cautious approach toward further rate cuts in 2025, signaling a hawkish shift in its monetary policy stance. This change is influenced by uncertainties surrounding potential policy shifts under the incoming Trump administration’s economic plans.
Geopolitical tensions in the Middle East and the ongoing Russia-Ukraine conflict are expected to continue supporting Gold, a traditional safe-haven asset, in the near term. Additionally, a World Gold Council survey suggests that major central banks are likely to increase Gold purchases in 2025, further boosting demand for the precious metal.Gold price trades near $2,630.00 per troy ounce on Thursday, with the daily chart indicating a consolidation phase as the metal moves sideways. However, the price of the yellow metal moves above the nine- and 14-day Exponential Moving Averages (EMAs), suggesting a bullish shift in the short-term momentum. Additionally, the 14-day Relative Strength Index (RSI) hovers around the 50 mark, reflecting a neutral sentiment.
xauusd XAU/USD peaked at $2,655.68 and holds nearby in the mid-American session. From a technical point of view, the daily chart shows that the positive momentum is not enough to confirm additional gains, yet also that bulls dominate the bright metal. XAU/USD currently trades above all its moving averages, recovering above a flat 20 Simple Moving Average (SMA) after finding buyers around a bullish 100 SMA. Technical indicators, in the meantime, have pared their slides and turned marginally higher, albeit with uneven strength and still far from reflecting strong buying interest.
In the near term, and according to the 4-hour chart, however, XAU/USD is firmly bullish. The Momentum indicator heads north almost vertically well above its 100 line, while the Relative Strength Index (RSI) indicator advances around 70. Finally, the pair has moved above all its moving averages, although they lack directional strength. Gold needs to settle above $2,664.27, December 16 high, to convince speculative interest it could re-test record highs.
Support levels: 2,639.15 2,621.60 2,607.30
Resistance levels: 2,664.30 2,678.85 2,691.60
xauusd buy 2660
Gold up - market up, continue SIDEWAY⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) extends its gains for a third straight session on Thursday, building on an impressive 27% surge in 2024, the strongest annual performance since 2010. This rally has been fueled by US monetary easing, ongoing geopolitical tensions, and unprecedented central bank gold purchases.
Gold, a non-yielding asset, could encounter headwinds as the 10-year US Treasury bond yield climbed to 4.58% on Tuesday.
Meanwhile, investors are closely watching signs of economic recovery in China, which may boost demand for Gold. President Xi Jinping, in his New Year’s address on Tuesday, emphasized a focus on growth, pledging more proactive measures to support economic expansion in 2025, according to Reuters.
⭐️Personal comments NOVA:
H1, H2 frames show good recovery, expected price range to reach 2653
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2653 - $2655 SL $2660
TP1: $2645
TP2: $2630
TP3: $2520
🔥BUY GOLD zone: $2609 - $2611 SL $2604
TP1: $2620
TP2: $2630
TP3: $2640
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
First short gold, then go long gold!Currently, gold has risen sharply and broken through the short-term high of 2638. There is no good position to continue chasing the rise of gold. The highest gold has reached near 2646. I do not intend to continue chasing the rise of gold near this position. On the contrary, I have continued to short gold near 2646. When gold falls back to the 2640-2630 area, I will consider going long on gold!
Bros, do you think gold will retrace? 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!
XAU - SCALPING ! Waiting for retest entry point BUY 2626⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
China's manufacturing activity showed modest growth in December, while the services and construction sectors experienced a rebound. This suggests that policy measures are starting to impact specific areas as China braces for potential trade challenges linked to tariffs proposed by US President-elect Donald Trump.
Meanwhile, Reuters reported that Russia carried out a drone strike on Ukraine's capital, Kyiv, early on New Year's Day. The attack resulted in two fatalities, at least six injuries, and damage to buildings in two districts. Explosions echoed through the morning as Ukraine's air force issued warnings about incoming drones.
⭐️Personal comments NOVA:
The bulls have very good buying power, the possibility of reaching the 2653 area today is very high, if the retest entry 2626 will have a BUY signal.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2625 - $2627 SL $2622 scalping
TP1: $2632
TP2: $2638
TP3: $2645
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Gold Trading Strategies 2025/1/2Gold is currently forming an irregular head and shoulders bottom pattern on the 30-minute chart. It is now at a horizontal resistance zone (2632-2638), with key support at 2628-2621. If the support within this triangle consolidation area holds, the focus will shift to a potential breakout above the resistance. Over time, the probability of a breakout is likely to increase.
Therefore, the main focus for today's trades is on buying in the 2628-2618 range. During the New York session, the strategy should favor long positions. The key resistance today and tomorrow is around 2640, with support at 2623.
Next week, the focus will shift to the resistance zone at 2652-2661, with support needing close attention in the 2632-2623 area.
Today's and Tomorrow's Trading Strategy:
Buy at 2624-2618
Sell at 2644-2648
xauusd buy signalFrom a technical point of view, the daily chart for XAU/USD shows the pair has met intraday sellers around a bullish 100 Simple Moving Average (SMA), while the 20 SMA turns south above the longer one. Technical indicators, in the meantime, gain bearish traction within negative levels, favoring a downward extension towards the December low at $2,582.93.
In the near term, and according to the 4-hour chart, the bearish case is also solid. XAU/USD is currently developing below all its moving averages, with the 20 SMA gaining downward strength below the longer ones. At the same time, technical indicators head lower almost vertically, currently approaching oversold readings.
xauusd buy 2623
suppot 2650
Buy gold first, then short gold at the right timeBros, after reaching the 2622 level, gold has gradually pulled back and is now trading near 2600. Fortunately, we managed to capture the short-term peak and closed our long positions near 2622, successfully locking in profits.
However, following the pullback, I have re-entered long positions in gold. I initiated a buy position around 2606, and as gold dipped further to approximately 2600, I added to my position with the same lot size. The psychological support level at 2600 remains a critical threshold, and it’s unlikely to be decisively breached in the short term during the market’s tug-of-war. Therefore, gold bulls may recover some ground during this phase, which is why I remain committed to taking long positions in the short term.
That said, given the strength of bearish momentum as gold declines, expectations for the rebound’s upside potential should be adjusted downward to the 2610-2615 range. If gold’s momentum remains weak after testing this range, we can then consider initiating short positions once again.
Bros, are you bullish on gold rebounding and regaining some lost ground? 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 rebounded as expected. Did you follow me to buy gold?Bros, as I mentioned in my previous article, if gold continues to narrow its fluctuations during the downtrend, it is highly likely to find support again in the 2610-2605 zone, followed by a rebound. Currently, gold is performing exactly as I anticipated—after touching 2609 twice, it successfully halted the decline and has since rebounded, with gold currently trading around 2617.
Based on the current structure of gold, it is fully capable of attempting another push toward the 2620-2630 region. If the upward momentum continues strongly, a breakout above the 2635 level could trigger a further attempt to reach the 2640-2650 zone. I have already executed long positions near 2611 and 2610, in line with my trading strategy, and I am currently sitting on a relatively good profit. Let’s see how far this rebound can take gold!
Bros, have you followed my lead and gone long on gold? If you want to learn more detailed trading strategies and receive additional trade signals, you can join the channel at the bottom of the article. Let’s make trading easier and turning profits into a pleasure!
Buy gold with support as defenseBros, the trading journey for the new week starts from this moment.
Gold has gradually pulled back after reaching around 2638 and is currently testing the 2614 level. If the volatility of gold continues to narrow, I believe gold will find support once again in the 2610-2605 region and could potentially rebound back towards the 2620-2630 range. Therefore, in the short term, as long as gold remains above the 2610-2605 support zone, there is a good chance it will rebound again. So, for short-term trading, we can still consider going long on gold.
Bros, 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!