xauusd buy Gold price trades near $2,620.00 on Monday, with the daily chart indicating a consolidation phase as the metal moves sideways near the nine- and 14-day Exponential Moving Averages (EMAs). The 14-day Relative Strength Index (RSI) hovers just below the 50 mark, reflecting a neutral sentiment. A decisive move above 50 could signal increased buying interest in the commodity.
Gold holds steady above $2,600 after failing to make a decisive move in either direction in the previous week. Growing expectations for a cautious approach to policy easing by the Fed in 2025 limits XAU/USD's upside heading into the New Year holiday.
xauusd buy 2615
suppot 2630
suppot 2650
Xauusdbuy
How to trade gold better after the holidays?
Combining the above picture, it is not difficult to see the absolute randomness of the market.
The current trend of gold prices is still in a rebound trend after falling. Clearly there is a long opportunity, but where is the specific buying point? Some people may choose to short. Of course, these are all executable operations.
I tend to go long on gold. The short-term upper resistance is at 2645 or above, which is the front dense trading area, and there is a certain selling pressure. The support below is at 2610-2600. The support strength at this position is relatively large. The importance of integer level support.
According to the absolute contingency of the market. Plus the bullish trend. Going long in batches is likely to win. Close the order according to your expected profit.
There are no heavy factors on the news for the time being. The Federal Reserve's interest rate decision before Christmas is a heavy bomb, I believe everyone has seen it. But there is no similar news in the short term. Moreover, the deliberate proxy of geopolitical wars will lead to an increase in demand for gold prices, and the gold price will definitely rise all the way with rising risk aversion. So going long is a wise choice. Maintain the above support pressure before breaking the range, and you can do some high-selling and low-buying. Replan after the range is broken. Stay tuned for updates. This way you won’t miss out on real-time analysis. If you are a novice trader, this is a good learning opportunity. If you are a long-time trader, you can also follow the insights to get some trading opportunities.
OANDA:XAUUSD TVC:GOLD COMEX:GC1!
Gold price recovers slightly - fluctuates below 2650⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) dip slightly in thin post-Christmas trading, hovering near $2,630 during the Asian session on Friday. However, the metal may find support as markets look for clues about the US economy under the incoming Trump administration and the Federal Reserve’s 2025 rate outlook.
Gold, as a non-yielding asset, benefits from moderate US PCE inflation data that casts doubt on limited Fed rate cuts next year, suggesting potential for further reductions. Its safe-haven demand is further supported by ongoing geopolitical risks, including the prolonged Russia-Ukraine war and tensions in the Middle East.
⭐️Personal comments NOVA:
Short-term recovery at the end of the week - continued lack of liquidity, sideways below the 2650 area
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2650 - $2648 SL $2655
TP1: $2640
TP2: $2630
TP3: $2620
🔥BUY GOLD zone: $2616 - $2618 SL $2611
TP1: $2622
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
Xauusd buy Gold enters a consolidation phase and trades below $2,630 on Friday after closing in positive territory on Thursday. The risk-averse market atmosphere helps XAU/USD limit its losses as investors refrain from taking large positions heading into the end of the holiday-shortened week.
Gold now buy 2625
Support zone 2650
Small sell
The 14- and nine-day EMAs at $2,631.40 and $2,627.44, respectively, act as the immediate support for the XAU/USD pair. A break below these levels could increase selling pressure, potentially pushing Gold toward its monthly low of $2,583.39.
Confirm signal buy
XAUUSD Buy ZONE ACTIVE Gold price (XAU/USD) edges lower amid thin trading following the Christmas holiday, trading near $2,630 during the Asian session on Friday. However, the safe-haven asset could find upward support as markets anticipate signals regarding the United States (US) economy under the incoming Trump administration and the Federal Reserve’s (Fed) interest rate outlook for 2025Gold, a non-yielding asset, gains traction as moderate US PCE inflation data challenges expectations of limited Fed rate cuts next year, hinting at the possibility of more reductions. The safe-haven appeal is bolstered by heightened geopolitical risks stemming from the prolonged Russia-Ukraine conflict and ongoing tensions in the Middle EastThe precious metal is on track to close the year with an impressive 27% gain, marking its best annual performance since 2010. This surge has been fueled by central bank purchases, escalating geopolitical uncertainties, and monetary easing by major central banks
Gold A descending triangle is being drawn, Gold A descending triangle is drawn, with further breakdown of the support level
Review of previous trade:
- Gold successfully exited the triangle as expected.
- The trade worked out perfectly, bringing the expected profit.
Current Situation:
- Gold has now formed a “flag” pattern indicating the continuation of the upward movement.
- The height of the flag coincides perfectly with the strong resistance level at $2658, making this a key target.
New trade parameters:
- Entry point: on breakdown of the upper boundary of the flag.
- Target: $2658 (resistance level).
- Stop loss: hidden behind the flag boundary at $2618 to minimize risk.
- Risk/reward ratio: 1/4 - a low-risk trade with high potential return.
Recommendations:
- Wait for a confident breakdown of the flag before entering the trade.
- Control the position volume to comply with risk management rules.
- Follow market news that may affect the movement of gold.
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Don't be afraid of gold pullbacks, keep buying goldBros, gold rose as expected. We bought gold near 2625 and 2622 respectively, and closed the position manually near 2636, easily earning 250 pips. Congratulations to my friends who followed me to buy gold!
Gold fell back as expected after touching 2639, but according to the current gold structure, gold has obviously shown strong resistance to falling, and the retracement space is small. Compared with the previous operation structure of gold, this is a typical rising cycle structure, so we still focus on buying gold in trading.
As gold breaks upward, the retracement space below will gradually move up, so I chose to buy gold again near 2628. So when gold falls back to the 2630-2625 area, we might as well boldly buy gold! Bros, are you as long gold as me? 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!
Be brave and go long on goldBros, as mentioned in my last article, I advocate going long gold when it comes to short-term trading.
Although gold fell again after touching 2631, even though the initial jobless claims data was bearish for gold, gold only retreated to 2621 and did not continue to fall. Therefore, gold has shown strong resistance to falling, which will attract more buying funds to support gold's upward movement. And I also said in the last article that gold broke through the highest point of the previous trading day during the upward process, showing the effectiveness of the upward breakthrough to a certain extent, so gold is likely to continue to rise and test the 2640-2650 area.
Friends who have already followed me already know that I bought gold near 2625 and 2622 respectively, and now I just need to wait for gold to take off. Brothers, are you long gold like me? 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!
Buy gold, TP: 2640-2650Bros, the gold market is affected by the holiday, and the volatility today is not big, but it has clearly shown resistance to decline. Moreover, gold has risen continuously on the daily level and broke through the highest point of the previous day, which shows an effective breakthrough to a certain extent. Therefore, in short-term trading today, long gold is the main choice. However, since gold has not yet escaped the range of shocks, we cannot be too aggressive in trading. We must wait for gold to fall back before going long on gold, or wait for gold to break upward and then go long on gold. Then, first pay attention to the support area of 2620-2615 below; observe the breakthrough of the area of 2630-2635 above.
Bros, are you as bullish on gold as I am? 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!
Christmas gift: buy gold!Bros, gold has fallen back to around 2616 in the short term. Where will gold fall? In fact, from the perspective of the short-term structure, although gold has fallen back twice in the 2635 area and fell below 2620, for the overall structure, gold's performance today is not weak. As long as gold stays above 2612, gold still has the ability to continue to rebound.
So don’t be frightened by the short-term downward trend. The fall in gold is likely to give you an opportunity to go long in gold. Once gold tests the support again, gold is likely to continue its rebound and try to touch 2640 or even 2650.
Bros, this is my Christmas gift to you. Be brave and seize the opportunity to be long gold. Bros, are you going long on gold like me? 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 ! Short recovery trend 2645 monday⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) continues to rebound from the one-month low reached last Thursday, marking its third consecutive day of gains as the new week begins. The metal maintains its upward momentum during the early European session, supported by safe-haven demand fueled by geopolitical tensions and concerns over trade disputes. However, the generally optimistic market sentiment limits further upside for the precious metal.
⭐️Personal comments NOVA:
Gold is currently sideways in the price range of 2620-2630, short-term recovery trend, target retest range 2645
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2626 - $2624 SL $2621 scalping
TP1: $2632
TP2: $2640
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 Strategy 12/23Last Friday, we successfully hit our long target in the 2623-2632 range, after which gold faced resistance near 2632 and pulled back.
With no major news over the weekend, the focus shifts back to technical trading. For this week, we are mainly looking at:
Long positions in the 2615-2605 support zone.
Short positions in the 2636-2648 resistance zone.
Key Considerations for the Week:
Pay close attention to the support and resistance lines . Any breakout above or below these levels will require a quick adjustment to your trading strategy.
Stay vigilant and be ready to adjust positions as market conditions evolve.
Buy gold, there is still a chance to rebound to 2640Bros, gold has fallen sharply due to the hawkish rate cut, and the lowest has reached around 2584, and then rebounded; just now, gold touched around 2687 during the second decline, and then rebounded to above 2690, showing signs of building a W double bottom in the structure.
Although the rebound of gold is relatively weak, the downward space is gradually converging. I was optimistic that gold would continue to fall to around 2670, but at present, since gold has signs of forming a W double bottom structure, after consuming a certain amount of short energy, once the W double bottom structure is successfully built, gold may still rebound to 2640 again.
So in trading, I think it is best not to continue to chase short gold in short-term trading. We can go long on gold with the 2590-2580 area as the support area, and the defense position is 2570. So in short-term trading, I am currently more inclined to go long on gold.
Bros, are you as optimistic about the gold rebound as I am? 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 expecting next impulse after a sharp decline!Hi fellow traders, XAUUSD is ready to make a move higher from the blue box after completing a sharp correction. Move your stoploss to break even as soon as we close above the grey ‘Risk free zone’. Target the 2800.86 level. Good luck and trade safe!
Gold Trading Strategy 12/19Yesterday's interest rate decision caused gold to break below 2600, reaching around 2580. Currently, the price has rebounded to 2610, but 2600 remains a key support/resistance level, and it’s expected that gold may test this level again.
Today's trading strategy will focus on the 2693-2623 range.
Look for shorting opportunities within the 2618-2628 range
If the price drops into the 2603-2593 range, consider going long
Scalping! XAU! Waiting for gold price to BREAK from trendSCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) stays under pressure during the early European session on Wednesday but manages to hold above the one-week low reached the previous day, showing limited follow-through selling. Expectations of a less dovish Federal Reserve (Fed) continue to support higher US Treasury bond yields, creating headwinds for the non-yielding yellow metal. However, USD bulls appear cautious, holding off on making strong moves ahead of the pivotal FOMC decision.
⭐️Personal comments NOVA:
Moving sideways in 2 trendlines, M30. Leaning towards breaking the uptrend and waiting for today's interest rate cut results.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2645 - $2643 SL $2640 scalping
TP1: $2650
TP2: $2655
TP3: $2660
⭐️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
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.
Xauusd buy Following Monday's shallow recovery attempt, Gold remains under modest bearish pressure and trades below $2,650 on Tuesday. Growing expectations for a less dovish Fed outlook and elevated US bond yields weigh on XAU/USD ahead of the last FOMC meeting of the year.
Gold now buy 2634
Support 2643
Support 2655
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!
Gold Shows Bullish Signs, Eyeing 2666-2672 Resistance ZoneGold is at a critical point of contention between bulls and bears. From the technical chart, the bulls are in a stronger position, with signs of a double bottom. If this stabilizes, gold is expected to rise again towards the 2666-2672 area. Therefore, today's trading should focus on long positions.