Gold Pauses After Record High – Key Support and Resistance LevelAfter reaching a new all-time high on Thursday, Gold has entered a consolidation phase again, fluctuating within a range of 2,920 to 2,940. This period of consolidation suggests that the market is pausing before deciding on its next move.
The overall trend remains bullish as long as the 2,920 support level holds. A decisive breakout above 2,940 could signal renewed upward momentum, potentially leading to a fresh all-time high.
However, if gold breaks below 2,920, it could trigger a deeper correction, with the next significant support level around the 2,850 zone. In this scenario, sellers may gain temporary control, pushing prices lower before the market finds stability.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Xauusdsignal
XAUUSD: 2942-2945 short. Expected to drop $10I mentioned it earlier in the analysis circle. The news is almost calm. There is no dominant content, so we need to combine technical indicators including historical trends to look at the market trend. So as to speculate the market trend. Do a good job in every transaction.
From the 10-minute-30-minute trend chart, the ultra-short-term gold price will fall, and 2942-2945 needs to be focused on. From the 1-hour combined with the 4-hour trend, it is necessary to touch the upper pressure level before retracing to test the support below. The upper pressure level is at 2945-2950
So the stage trading is different, so the profit including the concerned points are different. If you are ultra-short-term trading, then remember to close the order in time at the 4-6P point to lock in the profit. If you are a short-term trader, you need to pay attention to the 8-15p space. If you are medium- and long-term. Then you need to pay attention to the stop profit of 20-50 points or even higher.
Every day, a lot of analysis content including some real-time trading opportunities and opinions will be published in the analysis circle. Friends who like it can remember to keep paying attention.
gold on bullish rejection above 2958#XAUUSD has repeatedly faced rejection above the 2949 level, forming a strong bearish zone. Currently, the market awaits a decisive breakout.
A breakout above 2949 could trigger a bullish toward the next decline zone at 2958, where profit-taking may occur. However, a pullback to 2942 is expected before further bullish continuation.
If the price fails to sustain above 2949 and drops below 2935, strong selling pressure could push toward 2916, indicating a deeper bearish trend.
XAUUSD set for 300 pip plus drop?There is gap open in XAUUSD we may see potential drop as the market trend is exhausted and could continue to drop to weekly support level for deeper liquidity grab. From weekly perspective we can see XAUUSD is over extended toward the upside and we may see deeper pull back or a short term versal in the trend.
Waiting on a possible entry to the sell positions.!!
Golden interval operationGold 4-hour level, yesterday's high and low repeatedly roller coaster consolidation, the current Bollinger band has gradually narrowed, the upper track 2952, the lower track 2918, and the overall 4-hour current operation is a bullish trend with gradually rising highs and lows. In the short term, it is temporarily running within the upper and lower tracks. Wait for the Bollinger band to reopen before choosing to follow the trend
The upper pressure is focused on the 2950-55 area. If it breaks, it will be 2965-2985. The lower support is the 10-day moving average of 2915. If it breaks, it will be 2906-2880. Tonight, we will focus on the breakthrough of this range. The decline in the early trading today and the European trading will continue, so the US market will rebound and there will be a second decline. Therefore, the operation is mainly high-short, supplemented by low-long.
Gold operation suggestions: It is recommended to go short in the 2940-45 area, stop loss at 2951, and target 2925-2915 area;
XAUUSDToday's operation strategy:
The current price of gold is around 2931, short it when it rebounds to 2937-2940, stop loss 2955, target 2925-2920
For more trading strategies, you can click on my link
But for long-term traders, the main focus is to go long on the pullback.
What do you think about gold? Welcome to comment and exchange, I wish you a smooth transaction
XAUUSD:Shocking reversal, short selling has wonAfter the London market started, short gold at 2930-2933, target 2915, in fact, the price only dropped to around 2916, although it did drop a lot, but it was still a bit regrettable that it did not reach TP.
After the notification followed the closing of the order, short gold immediately in the range of 2930-2925. Currently relevant trading opportunities have been published in my analysis circle, remember to keep previewing.
XAUUSD: Real-time trading at the current price, check it outYesterday's Federal Reserve January policy meeting minutes highlighted: "Upward risks to the inflation outlook" and "some other factors are considered to be likely to hinder the process of inflation decline" and the expectation of interest rate cuts as important support for the short-term rebound in gold prices. This has made our long orders successfully profitable.
After the Asian market started today, the market hit the highest position of 2950 and then quickly fell back. The impact of this news on the market after a night of digestion has been very small. Regarding the peace talks, the US Department of State is also urging the Ukrainian national leaders to sign the peace talks agreement, which means that this peace talks is very meaningful.
From the trend chart of gold prices, the overall upward momentum is still very weak. After the London market opened, the gold price continued to fall. The lowest point was 2924. It is currently fluctuating at a low level. It is expected to fall sharply today. The operation is mainly short at high levels.
xauusd: Choose to sell near the current price of 2930,2934-2937
TP2915
TP2905
SL2945
Detailed operations will be updated in Jack's analysis circle. Keep paying attention to the follow-up results, and leave me a message at any time if you have any questions.
OANDA:XAUUSD TVC:GOLD
0217-0221 GOLD WEEKLY OUTLOOKHello traders,
When events develop in an illogical manner, emotions and manipulation are often the first two factors to consider.
1. The "illogical" phenomenon behind last Friday's U.S. stock market surge
Last night, U.S. stocks experienced a significant rally despite lacking fundamental support. However, from the perspective of economic data and market dynamics, this surge appears to lack rationality.
1. Inflationary pressures are significantly increasing
In January, the Producer Price Index (PPI) inflation rate unexpectedly rose to 3.5% (higher than the expected 3.2%), while the core PPI inflation rate reached 3.6% (higher than the expected 3.3%).
This marks the highest PPI inflation rate since February 2023. More importantly, this data confirms that the previous 0.5% month-on-month increase in CPI was not due to seasonal factors but rather a reflection of persistent inflationary pressures.
2. Employment data indicates an overheated economy
Last week, initial jobless claims came in at 213K, lower than the expected 216K, while continuing claims reached 1850K, below the expected 1882K.
This demonstrates that the labor market remains strong, and the "hot" employment data further reinforces concerns about an overheating economy.
3. Rate cut expectations are delayed
With CPI, PPI, and employment data all exceeding expectations, the Federal Reserve's rate cut expectations have been pushed further back. Currently, the market generally anticipates the earliest rate cuts to occur in September 2025.
Even worse, if the Fed's core Personal Consumption Expenditures (PCE) data, which is expected to be released today, also shows an increase, the market may reprice rate hike expectations. The two-year U.S. Treasury yield has already broken out of its symmetrical triangle, with technical analysis suggesting its next target could be 5%, further strengthening expectations that the Fed may resume rate hikes instead of continuing to cut rates.
4. Liquidity is shrinking
On Thursday (February 13), the Federal Reserve's overnight reverse repurchase agreement (RRP) usage dropped to $67.82 billion, the lowest level since April 2021, indicating that market liquidity is rapidly contracting.
From this data, it is evident that U.S. stocks lack fundamental support for their rally. However, under such circumstances, the significant rise in U.S. stocks raises questions about whether emotional trading and market manipulation are at play.
---
2. Crowded markets: Risk appetite reaches extremes
Scott Rubner, Managing Director and Tactical Expert at Goldman Sachs Global Markets, published a report following last night's U.S. stock market rally, bluntly stating that this is his final bullish email on U.S. stocks for this quarter. He pointed out:
> “Everyone is in this pool, including retail investors, 401(k) retirement fund inflows, beginning-of-year fund allocations, and corporations. The dynamics of fund flow demand are rapidly changing, and negative seasonality is approaching.”
This suggests that the market is already too crowded, and the momentum for buying on dips is rapidly diminishing. The following data further confirms the extreme crowding in the market:
1. Assets in leveraged long equity ETFs reached a record high of $95 billion last week, compared to $67.6 billion during the stock market frenzy of 2021.
2. Since the third quarter of 2022, the total assets of funds using derivatives for long bets have tripled.
3. Assets in leveraged short equity ETFs decreased by $13.3 billion, falling to $8.5 billion. In other words, for every $1 in leveraged short ETFs, there is a record $11 in leveraged long ETFs.
The level of crowding in market trading has reached an extreme, or even "crazy," state. This extreme risk appetite has planted hidden risks for the future trajectory of the market.
---
3. Why did gold pull back?
In such an extreme market environment for U.S. stocks, gold, as a safe-haven asset, failed to reach new highs last Friday and instead retreated. The reasons behind this phenomenon mainly include the following:
1. A stronger U.S. dollar
Due to rising expectations that the Fed may resume rate hikes, the U.S. Dollar Index saw a significant rebound last Friday. Gold prices typically have a negative correlation with the dollar, and a stronger dollar directly suppressed gold's upward momentum.
2. Rising real interest rates
The upward movement in the two-year U.S. Treasury yield and the market's repricing of the Fed's monetary policy caused real interest rates to rise. Gold, as a non-yielding asset, is highly sensitive to real interest rates. Rising real interest rates weaken gold's appeal.
3. Market sentiment shifting toward risk assets
Despite the market's uncertainties, the strong performance of U.S. stocks attracted substantial capital inflows into risk assets. Increased risk appetite among investors reduced demand for safe-haven assets like gold.
4. Technical resistance
From a technical analysis perspective, gold faced significant resistance near its previous highs. Profit-taking by bulls further exacerbated gold's pullback.
---
4. Technical Analysis
Weekly Chart
It is evident that gold has entered a period of consolidation near its top. Last week closed with a bearish candle, forming a multi-candle evening star pattern on the weekly chart, which is a bearish reversal signal. For the upcoming week, the trading strategy will focus on identifying short opportunities on lower timeframes.
Four-Hour Chart
The five-wave structure appears to have ended, with the final wave reaching higher and broader levels than previously anticipated.
Considering the gradual formation of a top structure, next week's trading plan will focus on short opportunities below the four-hour EMA.
---
GOOD LUCK!
LESS IS MORE!
XAUUSD: The best position for long gold prices is 2930-2935At present, there is no support from the dominant news. Combined with technical observations, the best buying point in the Asian market is 2930. The second buying position is 2935
tp2945.
sl2925.
Before there is clear negative news, continue to continue the long trading idea.
Gold’s Rally Continues – Next ATH?Gold ( OANDA:XAUUSD ) again managed to form a new All-Time High(ATH) . Are you used to this?
Gold has already managed to break the Uptrend line . But as long as Gold is above 100_SMA(1-hour) , we can hope for the continuation of the upward trend .
According to the theory of Elliott waves , Gold seems to have succeeded in completing the main wave 3, so that the main wave 3 was extended .
I expect Gold to start rising again after a temporary decline from the levels I charted and create a new All-Time High(ATH) .
Note: If Gold can go below 100_SMA(1-hour) again, we should expect more dumps.
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.
xauusd: Risk and profit coexist
The trading market has always been a coexistence of risk and profit. Although the transaction failed several times. But it's nothing. Keep calm and make the transaction smoother. Just control the risk. Buy at 2946-2940.tp2965.sl2935
Continue to wait for the rise in gold prices. The more uncertain the market is. The more I like it.
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
XAUUSD: Gold price stands firm near all-time high!Gold price retains its bullish bias amid worries about Trump’s tariffs and a global trade war. Sliding US bond yields weigh on the USD and lend additional support to the precious metal. The Fed’s hawkish outlook could cap the XAU/USD pair amid slightly overbought conditions.
XAU/USD Technical Overview
The short-term technical outlook for Gold price remains more or less the same.
The daily chart shows that Gold price hangs near the record high of $2,947. The 14-day Relative Strength Index (RSI) flatlines in the overbought territory, currently near 73, suggesting that there is some room to the upside before a correction kicks in. Gold buyers await acceptance above the $2,950 barrier on a daily closing basis to extend the record rally. The next relevant resistance is seen at the $2,970 round level.
Conversely, a fresh pullback could call for a test of the $2,900 round level, below which the February 14 low of $2,877 will be threatened. A firm break of that level will initiate a fresh downside toward the $2,850 psychological barrier.