XAU/USD Gold Long Trade before 20-Jan-2025The market is showing a bullish move according to technical analysis, before 20-jan-2025, the market can either take support from the small trend line and go bullish or retest the zone of 2630 and give a bullish move. This analysis is only for learning purposes. Please calculate your risk before making any trade. The bullish side target is 2730 before 20th Jan 2025.
Xauusdlong
1/14 Gold Trading StrategiesTrading Strategy:
SELL 2677-2684
TP 2664-2652
Resistance is located between 2677 and 2684, while support is between 2656 and 2648.
On the 1-hour chart, this pullback has not broken below the support zone, so the overall trend remains bullish. During this rebound, the key resistance lies in the 2677-2684 range. If the resistance is not broken, a retest of the support becomes inevitable. Based on the current indicators and market structure, the probability of a breakout seems low. Therefore, the trading strategy is to focus on shorting around the resistance zone.
Gold continues to move up at the beginning of the week⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) faced selling pressure during the Asian session on Monday, ending a four-day rally that brought the metal to a one-month high near $2,700 on Friday. The strong US Nonfarm Payrolls (NFP) report has bolstered expectations that the Federal Reserve (Fed) will pause its rate-cutting cycle this month. This has kept US Treasury bond yields elevated at over a year high and the US Dollar near a two-year peak, weighing on the non-yielding Gold.
At the same time, hawkish Fed expectations and ongoing geopolitical tensions are curbing risk appetite, reflected in weaker equity markets, which provides some support for safe-haven Gold. However, traders may await stronger signals before concluding that Gold's three-week upward trend has reversed. Attention now shifts to the upcoming US inflation data for fresh insights and potential market direction.
⭐️Personal comments NOVA:
Long term uptrend, gold sideways at the beginning of the week and accumulation waiting to reach above 2700
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2662 - $2664 SL $2657
TP1: $2670
TP2: $2680
TP3: $2690
🔥SELL GOLD zone: $2703 - $2705 SL $2710
TP1: $2695
TP2: $2680
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 1hr chart analysisTechnical Analysis
Key Levels
Support:
Primary Support: $2,675- 2680, a crucial level that has consistently held over the past weeks.
Secondary Support: A breakdown below $2,675 could lead to further declines toward $2,669 and $2,663
Resistance:
Primary Resistance: $2,693–$2,700, a zone gold must clear to confirm bullish momentum.
Extended Target: A sustained move above $2,703 could push gold toward $2,713 or higher, with the long-term target near $2,723
Price Action:
Gold has been consolidating around $2,650, indicating indecision in the market. Traders are awaiting a catalyst for a breakout in either direction
Indicators:
RSI: Neutral, indicating no overbought or oversold conditions.
Moving Averages: Gold is trading near its 50-day moving average, reflecting a balance between buyers and sellers.
Elliott Wave Analysis: Suggests the current correction phase might end soon, potentially paving the way for an upward movement
XAUUS/Gold Post NFP Day/Beginning of New WeekDuring pre-NFP analysis we have suggested few levels where sell & buy risk can be taken for at least 60- 120 pips favorable move.
By recalling that 2680/2681 sell pre-NFP given 160 pips quick profitable move. 2690/2696 post-NFP Sell Given 160+ pips favorable move.
Coming towards todays/current week stance, we are considering 2695/2708/2733 levels as resistance and unlikely to sustained above during current week. While 2665/2639/2612 can act as support.
President Donald Trump 2nd inauguration is scheduled on Monday Jan 20, 2025, and before that we may see gold is trading between 2733 - 2612 in big range of 121 points or 12100 pips range. Personally, I think strength would give sell opportunities.
Tell about your idea by commenting on the post.
GOLD Analysis (Daily Timeframe)Gold has been extremely bullish for a while, consistently breaking to the upside and creating higher highs , accompanied by the formation of demand zones that were later mitigated for continuation.
The last significant move was a reaccumulation (Re-acc) phase, which revisited unmitigated demand zones. From there, we saw a bullish reaction. However, due to low year-end volume , Gold hasn't been able to break its previous high. Since then, it has been ranging in the same area.
Key Observations:
Bullish Volume Returning:
Recently, bullish volume seems to be picking up, signaling the potential start of the next leg upward.
EMA Interaction:
Previously, the price was "surfing" along the EMAs, demonstrating a strong trend-following behavior.
Currently, the EMAs have tightened significantly, which often signals an impending price expansion—a strong indication that volatility and directional movement may resume soon.
Two Scenarios in Play:
Gold may continue ranging before breaking to the upside.
The current move may sustain and lead to a new high.
Liquidity Trap:
The reaccumulation created a cloud of liquidity , with many traders now eyeing potential sell opportunities due to:
- The break to the downside.
- The formation of equal highs , often misinterpreted as bearish.
This could very well be a Smart Money Trap , fueling a bullish move as liquidity is taken.
My Perspective:
I remain optimistic about the bullish scenario , as the overall market context suggests a continuation of the upward trend. This is a critical area to watch, and I will monitor closely for confirmation of the next move.
After NFP gold is still bullish? check my proper analysis!Hey everyone this is your boy Hunbal! I am looking for a good buy trade ready for Monday market open session XAUUSD is ready for a bull run I have 2 confirmations one the rejection from the support level and second choc in m30 time frame so we are hoping a good buy from here (2690) our take profit will be 200 pips 2710 and our stop loss will be 100 pips 2680 I wish we all together print some money.
Good Luck :)
Possibility of continuing to hold interest rates!Safe haven gold✍️ NOVA hello everyone, Let's comment on gold price next week from 01/13/2025 - 01/17/2025
🔥 World situation:
Gold prices recovered from intraday lows on Friday, marking a fourth consecutive day of gains, despite a strong US Nonfarm Payrolls report. This eased some of the Federal Reserve’s concerns about the labor market, though inflation remains a focus for policymakers. XAU/USD rose 0.69% to trade at $2,687. Earlier, Gold briefly dropped after the US Bureau of Labor Statistics reported robust job growth exceeding 200K and a lower Unemployment Rate. These figures prompted investors to anticipate fewer interest rate cuts, as the economy continues to generate jobs while the disinflation process appears to have stalled, per the Fed's latest minutes.
🔥 Identify:
Gold recovered strongly at the beginning of the year, as the market believed in the FED's interest rate policy, and the economy was gradually recovering better.
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $2720, $2750
Support : $2640, $2612
🔥 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
- The winner is the one who sticks with the market the longest
Xauusd buy confirm Gold price (XAU/USD) gains some follow-through positive traction for the fourth consecutive day and trades at its highest level in nearly a month above $2,680. Market focus shifts to US labor market data, which will feature Nonfarm Payrolls and wage inflation figures.
Xauusd buy 2680
Support 2700
Target 2710
Gold climbs to fresh multi-week high above $2,680 ahead of US NFP
NF - Data could help gold prices surpass $2700⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) maintains a positive trend for the fourth consecutive day on Friday, hovering just below the near four-week high reached on Thursday. Investor sentiment remains cautious due to uncertainty surrounding US President-elect Donald Trump's proposed tariffs and ongoing geopolitical tensions, supporting demand for the safe-haven metal. Additionally, expectations that Trump's expansionary policies could drive inflation further enhance Gold's appeal as a hedge against rising prices.
⭐️Personal comments NOVA:
Technically and predicting the results of today's NF news, we expect the gold price to recover - return to the 2700 area today, the main uptrend.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2621 - $2619 SL $2614
TP1: $2630
TP2: $2640
TP3: $2650
🔥SELL GOLD zone: $2714 - $2716 SL $2721
TP1: $2705
TP2: $2697
TP3: $2690
⭐️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 (XAU/USD) Long Setup: First Swing of the Year Amid NFP WeekI initiated a long position on Gold (XAU/USD) following a retracement to the 0.6 Fibonacci level on the 8-hour timeframe. This setup marks the first swing trade on Gold this year, targeting the $2,680-$2,687 price zone. Gold opened the year on a bullish note, aligning with mid-range technicals. This trade reflects a mid-term outlook, aiming to capitalize on potential momentum driven by this week’s major macroeconomic events, including the Nonfarm Payrolls (NFP) release and the FOMC’s intervention.
Fundamentals:
The Federal Reserve’s hawkish tone, suggesting a slowdown in interest rate cuts for 2025, is providing upward pressure on US Treasury bond yields. However, these signals are driving flows away from non-yielding assets like Gold. Alongside geopolitical risks and trade war fears, this creates a complex backdrop for Gold. Additionally, the pullback in the US Dollar from its November highs is offering some support for the precious metal. Traders will closely monitor Friday’s NFP report and the December FOMC meeting minutes for further direction.
Key bullish themes for metals:
• Rising inflation expectations and the Fed’s pause in rate hikes support Gold.
• China’s green initiatives boost demand for metals.
• Interest rate cuts could provide further upside for Gold.
• Stagflation fears increase Gold’s attractiveness as a safe-haven asset.
Technicals:
• Entry: Positioned after a 0.6 Fibonacci retracement.
• Target Zones: $2,680 - $2,687.
• Timeframe: 8-hour chart, aligning with the mid-range strategy.
• Outlook: Maintaining a close watch on price action, especially with upcoming macro releases that could create volatility.
Let’s keep the momentum strong and pay attention to market signals. Stay focused, and as always, pay yourself!
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
XAUUSD Breakout Setup Targets and Zones ExplainedIf the price fails to break 2682 and pulls back, look for buying opportunities near 2676 (support level).
Entry: Around 2676 with a bullish reversal signal.
Target: 2682 (first) and 2688
Stop-Loss: Below 2673.
Risk Management:
Use a risk-to-reward ratio of at least 1:2.
Xauusd buy NFP after sell must read cpGold (XAU/USD) is currently trading around $2,670 per ounce, approaching its all-time high of $2,726. Analysts, including those from Goldman Sachs, forecast that gold prices could reach $2,700 by early 2025, driven by factors such as anticipated U.S. interest rate cuts and increased central bank purchases. Given this context, an upward target of $2,680 appears attainable in the near term.
Scalping XAU ! Waiting for the Uptrend to surpass 2700 with NF⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) extends its upward momentum for the fourth consecutive day, reaching a new four-month high near $2,680 during early European trading on Friday. Ongoing geopolitical tensions from the prolonged Russia-Ukraine conflict, unrest in the Middle East, trade war concerns, and a softer risk sentiment continue to fuel safe-haven demand for the precious metal.
⭐️Personal comments NOVA:
Uptrend prevails ahead of NF news - Data forecast to be bad for the dollar, gold has a chance to return to the 2700 price zone
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2700 - $2702 SL $2705 scalping
TP1: $2695
TP2: $2690
TP3: $2685
⭐️ 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 BUY | Idea Trading AnalysisGOLD is moving in an UPWARD channel on ascending channel.
The chart broke through the dynamic resistance, which now acts as support.
We expect a decline in the channel after testing the current level.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GOLD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
Gold Pre-NFP Analysis - As Simple as PossibleGold Pre-NFP Analysis - As Simple as Possible
I have 4 levels on upside to watch as Sell levels
➡️15m level 2684ish (high risk)
➡️H1 level 2690ish (medium risk)
➡️H4 level 2708ish (low risk)
➡️ Day/week level 2733ish (extremely low risk)
I would prefer start taking sell risk form H1 levels with 70 to 100 pips SL, depending on the entry I got.
For buy Risk I have 2 levels marked on charts
➡️H4/Day levels 2633ish for medium to low-risk entry
➡️Weekly level 2612ish for reentry once 2633ish failed.
This is the game plan for now for full NFP day, any change would try to convey on time.
Ignore all previous VIP inactive signals if any and follow NFP levels and updates for next move.
Today is 1st NFP data of year 2025 that can be seen as wide range move that can make leveraged traders rich in no time if entered in right side of trades with open TP. I personally stick with SL and TP