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Xauusdshort

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 sdfsdfdfsdfsdfsdfd
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
GOLD Sell NOW 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 purchasesHowever, 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 plansGeopolitical 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 metalGold 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:XAUUSD
by KingForex078
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
OANDA:XAUUSDLong
by TradingGuide_Dean
Based on the chart, here’s a potential trade setup for **gold Based on the chart, here’s a potential trade setup for **gold (XAU/USD)**: **Key Levels:** - **Resistance Zone:** Around 2,640-2,645 (gray area in the chart). - **First Support Level:** 2,620. - **Second Support Level:** 2,610. - **Deeper Target:** Below 2,610, likely toward 2,600. --- **Trade Setup (Sell):** 1. **Entry:** - Wait for a bearish rejection near the 2,640-2,645 resistance zone. Look for signs like a bearish engulfing candle or wicks rejecting the resistance. 2. **Stop Loss:** - Place your stop loss slightly above the resistance zone at around 2,650 to protect against false breakouts. 3. **Take Profit Targets:** - **1st Target:** 2,620 (Support zone). - **2nd Target:** 2,610 (Deeper support). - **3rd Target (Optional):** 2,600 if the price breaks below 2,610 with strong momentum. --- Alternate Scenario (If Resistance Breaks):** - If gold breaks and closes above 2,645 on the 1-hour chart, this would invalidate the sell setup. - Look for a potential **buy opportunity** on a pullback to 2,640 with a target of 2,660. --- **Tips for Execution:** - **Confirmation:** Wait for confirmation (candlestick patterns or momentum indicators like RSI divergence) before entering. - **Risk Management:** Use a risk-reward ratio of at least 1:2 or 1:3 to ensure profitability. - **Monitor News:** Be aware of economic news that could impact gold (e.g., USD strength or weakness). CAPITALCOM:GOLD
CAPITALCOM:GOLDShort
by TRADE_CENTER_1
XAU/USD "GOLD vs US Dollar" Metal Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the XAU/USD "GOLD vs US Dollar" Metal market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉 Entry 📉 : You can enter a short trade at anypoint. however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest. Stop Loss 🛑: Using the 2H period, the recent / nearest high level. Goal 🎯: 2586.00 or Before Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Fundamental Outlook 📰 Economic Factors US Interest Rate Hikes: The Federal Reserve's potential rate hikes in 2025 could increase the opportunity cost of holding gold, making it less attractive to investors. Stronger US Dollar: A stronger US dollar could make gold more expensive for holders of other currencies, potentially reducing demand. Improving Global Economic Growth: If global economic growth improves, investors may shift their focus away from safe-haven assets like gold. Sentiment Analysis Reduced Investor Appetite: If investor appetite for gold decreases, it could lead to reduced demand and lower prices. Increased Gold ETF Outflows: Increased outflows from gold ETFs could indicate reduced investor interest in gold. Other Factors Increased Gold Supply: An increase in gold supply due to increased mining production or recycling could lead to lower prices. Cryptocurrency Competition: Increased competition from cryptocurrencies like Bitcoin could reduce demand for gold as a safe-haven asset. Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
FPMARKETS:XAUUSDShort
by Thief_Trader
Gold short position XAUUSD - Medium TermOANDA:XAUUSD #Gold #XAUUSD has been declining since March, and has shown an accelerated move to the downside (mid april to mid may) signaling a short position. After almost a month of moving side ways and failing to reclaim above the broken trendline, a bearish continuation is now in play aiming at 1721 and 1687 The third continuation wave should bring the price lower to these levels. Short position can be taken between 1829 - 1845 $ TP1 1721 $ TP2 1687 $ SL = 1D close above 1880 $ Risk/Reward = 2.9
FX:XAUUSDShort
by Samurai_07
1
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
FXOPEN:XAUUSDShort
by Eliana74
GOLD / Consolidation Near Resistance Ahead of Year-End MovesGold Technical Analysis The price is about to reach the resistance line which is 2636 and then will consolidate between 2636 and 2620 until a breakout occurs. If the price breaks above 2638 with a 4-hour candle close, it signals a continuation of the bullish trend toward 2653. Conversely, stability below 2620 could drive the price down to 2605. Key Levels: Pivot Point: 2628 Resistance Levels: 2636, 2645, 2653 Support Levels: 2620, 2605, 2591 Trend Outlook: Bearish below 2620 Bullish above 2623
OANDA:XAUUSDShort
by SroshMayi
1
Boldly short goldBros, gold has shown a strong rebound within the lower timeframes, surging from 2605 to 2615. While the momentum of the rebound appears strong, it has failed to break through the resistance zone of 2618-2625. This suggests that gold may be depleting bullish momentum within the short-term cycle through accelerated upward movements. From a technical perspective, this could also be a potential bull trap, enticing traders to go long on gold. Therefore, avoid chasing gold during this rebound. As I mentioned in my previous article, you can use the 2618-2625 area as resistance and start shorting gold above 2615. Just now, gold rebounded above 2615, giving us a second opportunity to short gold. Once gold consumes the bullish momentum to a certain extent, it will retest the 2600-2590 zone again, or even 2580 level. Let’s wait and see how this plays out! Bros, have you joined me in shorting gold? If you want to learn more detailed trading strategies and receive additional trade signals, you can join the channel linked at the bottom of the article. Let’s make trading easier and turn profits into a source of enjoyment!
OANDA:XAUUSDShort
by Trader_Marvin