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Xauusdshort

Here's the (GOLD) analysis based on the 4-hour time frameHere's the analysis based on the 4-hour time frame CAPITALCOM:GOLD Analysis: 1. **Resistance Zone:** - The price has approached a clear resistance zone (around 2660–2670) where sellers may step in. This zone has been tested before, making it significant. 2. **Bearish Price Action:** - The recent candlesticks near resistance suggest hesitation, possibly indicating seller strength. - If a bearish engulfing or similar rejection pattern forms, it may confirm a potential reversal. 3. **Moving Averages:** - The moving averages (possibly EMA or SMA) show alignment below the current price, indicating a recent bullish move. However, a pullback to the moving averages is typical in such cases. 4. **Volume:** - (Not visible on the chart) If volume is decreasing near the resistance zone, it strengthens the bearish bias. Suggested Sell Targets: 1. **First Target (T1):** 2645 - Minor support zone and close to the first EMA. 2. **Second Target (T2):** 2621 - A previous support level and aligns with the middle of the range. 3. **Third Target (T3):** 2608 - Strong support zone; price could bounce from here. Stop Loss: - Place your stop loss slightly above the resistance zone, around **2675**, to avoid being stopped out by false breakouts. Recommendation: - Wait for confirmation via bearish candlestick patterns (like engulfing or pin bars) before entering. - Watch the volume and any fundamental news that could impact gold.
CAPITALCOM:GOLDShort
by TRADE_CENTER_1
Gold is Ready to Fall Again==>>Short-term!!!As I expected , Gold ( OANDA:XAUUSD ) started to fall from Resistance zone($2,670-$2,653) , Potential Reversal Zone(PRZ) and 50_SMA(Daily) . Gold is moving near the Support zone($2,639-$2,630) . Educational Tip : Gold also fell in terms of Price Action with the help of a Bearish Quasimodo Pattern . According to the theory of Elliott waves , gold seems to have completed the main wave C with the help of the Ending Expanding Diagonal at the Resistance zone($2,670-$2,653). I expect Gold to break the Support zone($2,639-$2,630) and Support lines and fall again. Of course, the Long position around $2,634 can be attractive (for the short term) . Overall, in my opinion, the best Stop Loss(SL) for a Gold short position can be $2,656. ⚠️Note: If Gold breaks the Resistance line and touches $2,656, we should expect Gold to rise further.⚠️ 🔔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:XAUUSDShort
by pejman_zwin
1
XAU/USDGold (XAU/USD) is currently showing bearish momentum on the 5-minute chart. Based on the recent price action and my analysis, a sell zone has been identified. Key Points: Sell Zone: The highlighted area above indicates strong resistance, where price is expected to face selling pressure. Bearish Trend Confirmation: Price has consistently respected the downward trend, creating lower highs and lower lows. Entry Point: A potential short trade can be considered near the resistance zone (red area), with confirmation from candlestick patterns or additional bearish signals. Target Levels: First Target: $2,620. Second Target: $2,600 (depending on market momentum). Stop Loss: Place stop-loss just above the resistance zone to manage risk effectively. 💡 Strategy: This setup aligns with the current bearish sentiment in the market. Traders are advised to wait for proper confirmations before entering a trade. 📉 What do you think? Let me know your thoughts or if you see an alternate perspective!
OANDA:XAUUSDShort
by Tradeaione
XAUUSD analysis Gold benefited from escalating geopolitical tensions and the global shift toward a looser monetary policy environment throughout 2024, setting a new all-time high at $2,790 and rising around 25% for the year. However, the uncertainty surrounding the impact of US President-elect Donald Trump’s policies on the global economy and the unpredictability of the geopolitical environment paint a cloudy picture for the precious metal in 2025The XAU/USD pair may test initial support around the nine- and 14-day EMAs at $2,635.00 and $2,633.00, respectively. Further support appears around its monthly low of $2,583.39, recorded on December 19.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. On the upside, the XAU/USD pair may explore the area around the psychological resistance of $2,700.00, followed by the next barrier at its monthly high of $2,726.34, reached on December
OANDA:XAUUSDShort
by KingForex078
XAUUSD - Todays PlanWe are back after the festive period! Here is our view and update on XAUUSD . Potential opportunities and what to look out for after the Holiday season and start of the New Year. Let’s take a step back and take a look at XAUUSD from a bigger perspective. For this we are attaching the long-term overview on the pair. We are still following the sell bias we have published on November 27th. XAUUSD is currently trading at around 2635 . Scenario 1: SELLS from 2636 or 2630 That would confirm our pullback to the upside and breaking below 2630 would give us an opportunity to drop back down to 2611 or 2604 which is still one of our major Key Levels. Next we would be targeting a very important KL (Key Level) 2590. Scenario 2: BUYS from 2645 We broke above 2636 and are trading above it. We should see more upside towards 2645 potentially reaching and breaking 2660. If 2660 is broken, it would invalidate our long-term analysis on XAUUSD. Personal opinion: We are still extremely bearish on XAUUSD. Safe sells would be placed at breaks of 2630 and we could potentially reach our target today (2611 - 2604). On the other hand if we start breaking above 2636 and breaking 2645, we would be looking to finally change our long-term bias and look for further buys reaching 2714 again. KEY NOTES - XAUUSD breaking below 2630 would confirm sells down to 2611 - 2604. - XAUUSD breaking above 2645 would confirm further buys up to 2660. - DXY is still holding strength and shows no signs of stopping. Thank you everyone for your amazing support lately. We will continue to provide value to you. Happy trading! FxPocket
FOREXCOM:XAUUSDShort
by FxPocket
Gold Roadmap==>Short-term!!!Gold ( OANDA:XAUUSD ) is moving in the Resistance zone($2,670-$2,653) and near 50_SMA(Daily) and Potential Reversal Zone(PRZ) . According to the theory of Elliot waves , it seems that Gold has finished the main wave 3 , and we should wait for the main wave 4 and correction . I expect Gold to rise again after touching the Uptrend lines or after approaching the Support zone($2,639-$2,631) . ⚠️Note: First, Short position, then Long position. ⚠️Note: If Gold breaks the Support zone($2,639-$2,631), we should expect Gold to fall further.⚠️ 🔔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
5
Gold Price Eyes 2653 Before Expected DeclineGold Technical Analysis The price is approaching the resistance level at 2,653. A 4-hour candle closing above this level will confirm further bullish momentum, potentially pushing the price toward 2,665. Alternatively, if the price stabilizes below 2,653, it is expected to decline to 2,636. A 1-hour candle closing below 2,636 will strengthen a bearish trend, targeting 2,623. Key Levels: Pivot Point: 2640 Resistance Levels: 2653, 2665, 2678 Support Levels: 2636, 2623, 2603 Trend Outlook: Bullish Trend: Above 2,653 Bearish Trend: Below 2,636
OANDA:XAUUSDShort
by SroshMayi
Levont - XAU/USD: Testing Key ResistanceXAU/USD Analysis (Gold Spot/USD) 📊 Timeframes Analyzed: - 1H Chart: The price is currently trading at $2,657 , consolidating near the key resistance zone between $2,659 and $2,660 . This area aligns with the 61.8% Fibonacci retracement level , which has historically acted as a strong supply zone. Price action shows multiple attempts to break above this level, but bearish pressure has kept it contained so far. A potential rejection here could lead to a pullback toward the $2,654-$2,650 support range , while a breakout above $2,660 could trigger a bullish continuation toward $2,666 . - 5m Chart: Zooming in, the price is moving within a rising channel , showing short-term bullish momentum. However, the channel's upper boundary aligns with the higher timeframe resistance zone ( $2,659-$2,660 ), suggesting that the bullish move may face exhaustion soon. A rejection from this level could result in a breakdown of the channel and a retest of lower supports around $2,652-$2,650 . 🔑 Key Levels: - Resistance Zone: $2,659 - $2,660 - Support Levels: $2,654 and $2,650 📈 Outlook: The current price action suggests that gold is at a critical juncture: - Bullish Scenario: - A breakout above the resistance zone at $2,660 (confirmed by strong candle closures and volume spikes) could lead to a continuation toward higher targets like $2,666 or $2,670 . - This scenario would align with the broader bullish sentiment seen in recent sessions. - Bearish Scenario: - If the price fails to break above $2,660 and shows signs of rejection (e.g., long upper wicks or bearish engulfing patterns), we could see a pullback toward immediate support levels at $2,654 or $2,650 . - A breakdown below $2,650 could open the door for further downside toward $2,644 . 💡 Note: Watch for confirmation signals such as volume spikes or clear candlestick patterns before entering trades. 🌍 Fundamental Analysis: Positive Factors Supporting Gold: - Global Economic Uncertainty: Concerns about slowing global growth and geopolitical tensions (e.g., ongoing instability in Eastern Europe) are driving demand for safe-haven assets like gold. - Weaker U.S. Dollar: The U.S. Dollar Index (DXY) has shown signs of weakness recently due to expectations that the Federal Reserve may pause rate hikes in early 2025. A weaker dollar typically supports gold prices as it becomes cheaper for holders of other currencies. - Seasonal Demand: January often sees increased demand for gold due to seasonal factors such as jewelry purchases in Asian markets and portfolio rebalancing by institutional investors. Risks/Negative Factors for Gold: - Hawkish Federal Reserve Policy: Despite speculation about a pause in rate hikes, any unexpected hawkish commentary from the Fed in its upcoming January meeting could strengthen the dollar and pressure gold prices downward. - Profit-Taking Near Resistance: With gold nearing key resistance levels ( $2,660 ), short-term traders may take profits, leading to temporary pullbacks. - Equity Market Recovery: If global equity markets continue their recovery into early 2025, it could reduce demand for safe-haven assets like gold.
FOREXCOM:XAUUSDShort
by UnknownUnicorn96005149
GOLD. Approaching the zone of the beginning of sales GOLD. Approaching the zone of the beginning of sales Current Structure: The upward correction is approaching the selling zone around 2637 USD/oz (labeled as “sell zone”). The trend line below keeps the structure within the expected decline. The zone of interest for a potential decline is labeled with a target level at 2548 USD/oz. Key factors: The 4-hour EMAs (exponential averages) are crossing and acting as resistance. This strengthens the probability of a decline. The 61.8% Fibonacci 61.8% also coincides with the sell zone, confirming its significance. Prediction: If the price reaches 2637 USD/oz, there is a high probability of a reversal and the beginning of the decline. The target is 2548 USD/oz. 🚀 Trade with the professionals of THS - Wave Theory! 🔹 All trades are based on wave analysis. 🔹 Fixed stop loss and take profit for risk management. 🔹 100% automation: copy trades through CopyFX service. 🔹 Reliability and transparency: the results are confirmed by the market. 📈 Don't miss the chance to earn steadily! 👉 Connect to CopyFX with THS and start copying profitable trades right now! 💡 Details on our channel and in the app!
OANDA:XAUUSDShort
by Trade_Hive_Signals
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
OANDA:XAUUSDShort
by KingForex078
XAUUSD - what will happen before the Holiday season?Here is our view and update on XAUUSD . Potential opportunities and what to look out for before the Holiday season starts. Let’s take a step back and take a look at XAUUSD from a bigger perspective. For this we are attaching the long-term overview on the pair. We are still following the sell bias we have published. XAUUSD is currently trading at around 2625 with lower volume than usual. Scenario 1: SELLS from 2620 That would confirm our pullback to the upside and breaking below 2620 would give us an opportunity to drop back down to 2604 or 2600 flat. Next we would be targeting a very important KL (Key Level) 2590. Scenario 2: BUYS from 2638 We broke above 2638 and are trading above it. We should see more upside potentially reaching new highs at around 2666 which was also an important KL (Key Level) before. Personal opinion: The direction for now is unclear until we break our mentioned key levels. A safe sell trade could be taken at 2620 or a safe buy at the breaks of 2638. Be patient and stay tuned for updates on this pair. For now we are sticking to the sell bias from the long-term overview. KEY NOTES - XAUUSD breaking below 2620 would confirm sells down to 2604 - 2600. - XAUUSD breaking above 2638 would confirm further buys up to 2666. - Volume is lower as the business year is coming to an end and Holiday season is about to start. Thank you everyone for your amazing support lately. We will continue to provide value to you. Happy Holidays! Happy trading! FxPocket
OANDA:XAUUSD
by FxPocket
1
Gold Spot Analysis (1H Timeframe)Gold is currently testing a strong resistance zone around $2,658 - $2,676. This level has historically acted as a significant barrier, with prior attempts to break through resulting in sharp reversals. Key points to note: The resistance zone is clearly defined, and price action shows hesitation near this level. A potential rejection from this zone could lead to a pullback towards the support levels at $2,637 and further down to $2,619, as indicated by the green target areas. On the other hand, a breakout above $2,676 with strong momentum could signal a bullish continuation, invalidating the resistance. Trading Plan: Watch for bearish candlestick patterns or confirmation signals near resistance for potential short entries. If entering short, aim for the support targets at $2,637 and $2,619, keeping the stop-loss just above $2,676. In case of a breakout, wait for a retest of the resistance zone as support before considering long entries. 📊 Risk management remains key—always trade with a clear plan and disciplined execution.
OANDA:XAUUSDShort
by Charts_M7M
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.
OANDA:XAUUSDShort
by KingForex078
Gold price forecast: XAU is on the cusp of a strong breakoutGold price has had an exceptional year in 2024; rallying by over 25% year to date. So exceptional was its performance that it hit a fresh all-time high at $2,790 an ounce in late October. It has since erased some of those gains as a hawkish Fed weighed on the precious metal in favor of the US dollar and interest-yielding assets like the US Treasuries. Last week, the bullion dropped to a one-month low at $2,583 before rebounding to trade at $2,624 as at the time of writing. The metal may trade within a range as investors await fresh catalysts. A look at its daily chart shows the 20 and 50-day EMAs joining at $2,640. ...
OANDA:XAUUSDShort
by ShumbaFx07