Continue to short gold after the reboundI have published today's trading strategy in the channel, although gold’s decline has started to slow and localized rebounds are emerging, I believe the overall trend has not reversed, and the downward movement is likely to continue. Therefore, I do not think this is the right time to go long on gold. Opening long positions now could result in those positions being overwhelmed by the continued bearish momentum.
For short-term gold trading, I will maintain my strategy of shorting gold following any rebounds. The short-term short-selling target area mainly focuses on 2672-2682,and my target remains in the 2660-2650 range. Stay disciplined and patient in executing your trades!
Bros, are you optimistic about the decline 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!
Xauusdshort
Gold Sell limit I think these areas has a good potential to go short. Le's see the market's reaction to it.
I'll update the TPs...
Please always consider the risk management.
Dear traders, please support my ideas with your likes and comments to motivate me to publish more signals and analysis for you.
Best Regards
Navid Nazarian
#XAUUSD 1DAYXAUUSD (1D Timeframe) Analysis
Market Structure:
The price is currently approaching a descending trendline resistance, which has consistently limited upward movement in the past. This suggests that the trendline may act as a barrier again, potentially leading to a reversal.
Forecast:
A sell opportunity is expected if the price respects the trendline resistance and shows signs of rejection, signaling a possible move to the downside.
Key Levels to Watch:
Entry Zone: Near the trendline resistance after confirmation of rejection.
Risk Management:
Stop Loss: Placed above the trendline resistance or the recent swing high to manage risk.
Take Profit: Target the next support levels or Fibonacci retracement areas for potential downside objectives.
Market Sentiment:
Bearish sentiment is likely to dominate as long as the price remains below the trendline resistance, maintaining a downward bias in the short term. Proper confirmation is recommended before entering the trade.
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
two area for sell:FTC and SWAPELL(RTM) best place to set orderHi guys
I hope you have started a good week
I find two order block ( ftc and swell) in a bigger ftr that can reverse the trend, as I said the upward trend , so be carefull about stop loss .
its based on RTM (read the market)
I have predicted a up leg previous week and now I said we have bearish week .
Have good week
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.
XAU/USD Shorts from 2,710 back down to 2,660This week, my analysis focuses on the potential weakening of GOLD after its strong bullish performance last week. I’ve noticed that price is building significant trendline liquidity with multiple taps, suggesting that a reversal may be imminent to clear that liquidity.
While the bullish trend is still intact, I’m also considering a secondary scenario. In this case, I expect the price to retrace to around the 4-hour demand zone at 2,660. If the price breaks below this level, it’s likely to clear the trendline liquidity and push further down.
Confluences for GOLD Sells:
- Significant trendline liquidity below, waiting to be taken.
- A 6-hour supply zone has caused a Change of Character (CHOCH) to the downside.
- The price has also shifted structure on higher time frames.
- The point of interest (POI) is at an extreme level.
- For the bullish trend to continue, I expect a retracement back to the 2,660 region.
Note: As we’re now in mid-January, market liquidity is increasing, providing more price action to work with. This makes it likely for GOLD to continue its typical patterns. Let’s stay focused and have a great trading week!
GOLD Under Pressure! SELL!
My dear followers,
I analysed this chart on GOLD and concluded the following:
The market is trading on 2662.9 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 2650.4
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
NFP market, try to short gold!Dear traders:
Gold is currently hovering around 2680, maintaining a bullish structure. However, based on the current price action characteristics, I am hesitant to continue chasing long positions. Over the past two days, there has been significant volatility, with many false signals emerging, making me cautious about blindly going long on gold.
With the NFP and unemployment rate data set to be released in 30min, I believe that even if gold continues its upward trend, the news-driven market may first flush out many lower-level long positions. As a result, gold could experience a pullback before resuming its trajectory.
So in short-term trading, I will still choose to short gold in the 2680-2690 zone first, with the target pointing to the 2660-2650 region.Bros, are you optimistic about the decline 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 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
Be prepared to short gold anytime!Dear traders,gold has recently accelerated its upward momentum, reaching a high of $2674. As I’ve consistently projected, gold was set to rise toward the $2670–$2680 range, and now that prediction has been fulfilled! For those of you who have followed my trading strategies and maintained long positions, I trust you’ve achieved substantial profits in this bullish gold market.
Now that gold has successfully reached the $2670–$2680 zone, the question is: how should we trade gold next? While gold remains in a robust uptrend, the short-term upside appears limited to an additional $10–$20, suggesting a potential move toward the $2685–$2695 range. However, due to potential external factors or market catalysts, gold could face a pullback before reaching this level. As such, chasing gold at these elevated prices poses significant risks.
So, how do we position ourselves for shorting gold? If gold extends its climb into the $2680–$2690 zone, I plan to initiate short positions gradually, leveraging both fundamental market news and technical divergence signals. Gold may encounter resistance in this range and could reverse, initiating a corrective move.
Are you ready to capitalize on the opportunity to short gold? Let’s stay vigilant and prepared for the next big move! 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 H1 Move Read The Caption This is a 1-hour candlestick chart of XAU/USD (Gold Spot against the US Dollar), showing technical analysis:
1. Uptrend Channel: The yellow channel indicates an upward price trend. The price consistently bounced between the upper and lower boundaries of this channel.
2. Breakout and Support: The price has broken out of the channel, forming a new area of support near 2,675. This level is marked by a blue horizontal line.
3. Target Zone: A potential bearish scenario is highlighted, where the price could drop to the "Target Zone" near 2,650. This area is represented by a horizontal blue line at the bottom.
4. Predicted Price Movement: The white zigzag lines depict possible price movements:
A short-term rally testing the upper resistance near 2,680-2,690.
A subsequent downward movement back to the support or the target zone at 2,650.
5. Analysis Context:
Traders are monitoring the resistance level for rejection or a further breakout.
A break below the blue support line could lead to further selling pressure toward the 2,650 target zone.
This chart likely reflects a near-term bearish bias following the break from the ascending channel.
GOLD Set To Fall! SELL!
My dear subscribers,
GOLD looks like it will make a good move, and here are the details:
The market is trading on 2673.9 pivot level.
Bias - Bearish
My Stop Loss - 2693.3
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 2643.0
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
Gold entered into a bearish structureHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
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This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts