Gold BullishThis commodity has been on a bullish momentum ever since we had a pullback towards the 2875 Zone.
I anticipate that we might revisit the All Time High @ 2942.
Xauusdupdates
GOLD Will Go Down!
HI,Traders !
GOLD has made a retest
Of the horizontal resistance
Of 2940.01 and we are already
Seeing a bearish reaction so
We are bearish biased and
Therefore a local bearish
Pullback is to be expected!
Comment and subscribe to help us grow !
Will gold continue to rise after rising and then falling?Technical analysis of gold: Gold has been very strong recently, but I didn't expect it to be so strong. The European session directly set a new record high again. At the daily level, after the sharp drop last Friday, gold did not continue its downward trend this week. In the evening, we still focus on the support of the short-term moving average MA5 and MA10. If gold wants to continue to decline today, these two supports are the key. At present, the short-term moving average MA5 is near 2915, and MA10 is near 2900. At present, the overall performance of the market is strong. Another breakthrough after the shock adjustment will further increase the price of gold, and this time it will be aligned with the target of 3,000 points. It is expected to return to this week. Please wait and see!
On the whole, today's short-term operation of gold recommends mainly going long on callbacks, supplemented by shorting on rebounds. The top short-term focus is on the 2946-2950 first-line resistance, and the bottom short-term focus is on the 2905-2900 first-line support.
Short position strategy:
Strategy 1: Short 20% of the gold position in batches when it rebounds to around 2946-2950, stop loss 6 points, target around 2930-2920, and look at 2910 if it breaks;
Long position strategy:
Strategy 2: Long 20% of the gold position in batches when it pulls back to around 2906-2910, stop loss 6 points, target around 2920-2930, and look at 2940 if it breaks;
Gold operation strategy: long positions are strong but don’t chaFrom the current 4-hour trend, the support below is around 2905-2908, and the short-term pressure above is around 2940-43. The overall rhythm of high-altitude low-multiple cycle participation remains unchanged by relying on this range. In the middle position, watch more and do less, be cautious in chasing orders, and wait patiently for key points to enter the market.
Gold operation strategy:
1. Go long when gold falls back on the 2914-2916 line, cover long positions when it falls back on the 2905 line, stop loss at 2894, and target the 2940-2945 line; continue to hold if the position is broken!
Gold fluctuates upward, and continues to rise after falling backYesterday, the US inflation data exceeded expectations, and the rebound in inflation further supports the Fed's policy of not continuing to cut interest rates in the near term. Fed Chairman Powell's testimony on Tuesday and Wednesday also reiterated that the Fed does not need to cut interest rates urgently. The main driving force for the rise in gold still comes from a series of remarks by Trump on tariffs, followed by geopolitics and central bank gold purchases. Technically, gold fell sharply in the US market yesterday and then reversed sharply. Gold continued to be bullish in the Asian market. The bulls were very strong. The European and American markets were still dominated by low longs. Pay attention to the support levels of 2908 and 2900 below.
Gold recommendation: Gold is long near 2908 or 2902, with a target of 2921-2935.
Gold continues to rise and continues to reach new heightsAfter opening at 2928 points, gold climbed all the way to 2933 points, but then fell back due to resistance, with the lowest callback reaching 2923 points. Then gold began to stabilize and rebound from 2923 points, successfully breaking through the morning high of 2933 points, and continued to rise to a high of 2936.75 points. At present, the market is bullish, and the previous high of 2942 points seems to be within reach.
European session operation strategy: It is recommended to go short with a light position in the current price area of 2934-2940, with a stop loss of 2946 and a target of 2918-2905.
Gold market closed early due to shocksAfter the bulls are over, gold will also enter a volatile market, but please don't forget that the rise of gold is just a rebound and not a reversal. At present, the upper moving average dead cross has begun to touch the gold price, and the market trading volume will be much weaker, so gold will maintain a short-term fluctuation in this 2880-2905 range. If you want to operate, it is recommended to refer to the 2905 line and short at highs! On the whole, the short-term operation of gold suggests that the rebound is mainly short, and the callback is supplemented by long. The top short-term focus is on the 2903-2905 first-line resistance, and the bottom short-term focus is on the 2876-2880 first-line support.
Short position strategy:
Strategy 1: Short 20% of the gold position in batches when it rebounds to around 2903-2905, stop loss 6 points, target around 2890-2875, break to see 2865 line;
Long position strategy:
Strategy 2: Long 20% of the gold position in batches when it pulls back to around 2876-2880, stop loss 6 points, target around 2890-2895, break to see 2900 line;
Gold high pressure continues to shortGold rebound means short selling. Gold seems to have a strong rebound in the early trading, but the high level of gold is still under pressure. Gold is just a rebound, and the gold bulls may be short-lived. Gold rebounded and the current price of 2909 in the early trading was directly shorted. Gold is still under pressure from the double top structure at high levels. Gold rebounds to continue to give short opportunities. Gold 2910 is still a key position for long and short. If gold fails to stand firm at 2910, then gold shorts still have opportunities. Gold rebound is not a restart of longs, but an opportunity for shorts.
Gold operation ideas:
Gold short at 2910, stop loss at 2919, target at 2890-2880;
XAUUSDGold is approaching the high of 2942 again, and may hit the 3000 mark again. It fell briefly at the double top pressure at the high of 2942 before, and took a small wave of correction. Yesterday, it rose again and approached 2940. It has been trading sideways at a high level since the opening of the market this morning and in the afternoon. Will the market form a three-top top pattern here, or will it hit the 3000 mark?
From a technical point of view, the strong in the bull market often encounters resistance. Generally, it will be tested many times and form a market that breaks and rises. The magnitude of the suppression of the decline will not be too large, so the resistance of the bull trend market is used to break the position. The probability of winning by going long with the trend is far greater than that of going short against the trend.
If you look at the three-top top pattern near 2942, the price will generally fall rapidly after touching it, and close with a long upper shadow line. Only when it meets this pattern can you see the top. But now it is obviously not. Instead, it continues to fluctuate sideways near the high point, accumulating momentum to rise. It is only a matter of time before it breaks. The probability of breaking today is very high, and it may set a new high and point directly to the 3000 mark.
You can focus on the 2930 line to be bullish. The watershed is 2924. If it falls below this position, it will be meaningless to be bullish. The upper pressure is 2950-2960. If you break the high and step back, you can see a second rise.
What are your views on gold? Welcome to share your opinions.
XAUUSD H1: Wyckoff with chart!Update for you guys from Wyckoff's perspective in Elliott wave, the price has reached 2946 as updated for you guys yesterday. Currently TPO is still in an uptrend, but when reading through the Elliott wave structure, UTAD is predicted at 2946, because when this level is reached, the new ATH price is also 5 psychological waves formed, so the possibility of "TRAP" is very high or can be understood according to Wyckoff as a UT phase or Up Thust Action, in case of sustainable increase, it is necessary to observe the test point, otherwise today it is easy to reverse at 2946, and I only trade when there is a certain confirmation, so today I will take precautions to warn you guys to pay attention, if there is an entry signal, I will notify you!.
Gold layout strategy todayGold midnight plan: retreat to 2923-2918 and stabilize once more, target 2932-2940, stop loss 5 US dollars.
If the gold price breaks below 2918 US dollars/ounce, it will stop the expected bullish trend and push the gold price to regain the main shock trend.
It is expected that the gold price will trade between the support level of 2923 US dollars/ounce and the resistance level of 2946 US dollars/ounce today.
For XAUUSD tradersHello traders
What is your take on gold?
Gold is still in an uptrend with no clear signs that the bullish wave has ended. We still expect prices to at least reach above $3,000 for some time to come.
However, on the daily timeframe, gold has entered the overbought zone, leading to the expected correction phase.
At this point, we expect prices to pull back further to lower levels before starting a new bullish move.
Be patient and look for the right buying opportunities.
Monitor the price reaction to support levels to determine the best entry point.
The overall trend remains bullish and the current correction may provide a good re-entry opportunity.
What is your take on gold? Do you think the $3,000 target is achievable?
Comments are welcome for communication
Golden Strategy for Stable ProfitsFrom the daily level, the gold price has successfully stood above the 5-day moving average and the 10-day moving average (MA5, MA10), and closed with a positive line. In the case that the current moving average has not been effectively broken, based on the strong state of gold, there is still the possibility of further rise in the future. If the daily line can close with positive lines continuously, the room for growth is expected to gradually open up.
In the 4-hour chart, gold is currently in a slow rise. Judging from the current trend, the bull market pattern has not been destroyed. The daily line maintains a unilateral rise, and the MA5-MA10 moving average maintains a golden cross upward; the weekly line has risen sharply for seven consecutive days, strongly opening up the upper Bollinger track space, and the bullish sentiment is high. Since it has successfully broken through and stabilized the key point of 2906 today, the intraday situation is strong, and the operation still maintains a bullish idea of callback, and pay attention to the pressure near 2940 in the evening.
Short order strategy:
Short gold rebounds near 2940-2942, target near 2930-2920, break to see 2910 line;
Long order strategy:
Strategy 2: Long gold pullback near 2906-2910, target near 2920-2930, break to see 2940 line;
Is the gold bull market still going on?From the daily level, the gold price has successfully stood above the 5-day moving average and the 10-day moving average (MA5, MA10), and closed with a positive line. In the case that the current moving average has not been effectively broken, based on the strong state of gold, there is still the possibility of further rise in the future. If the daily line can close with positive lines continuously, the room for growth is expected to gradually open up.
In the 4-hour chart, gold is currently in a slow rise. Judging from the current trend, the bull market pattern has not been destroyed. The daily line maintains a unilateral rise, and the MA5-MA10 moving average maintains a golden cross upward; the weekly line has risen sharply for seven consecutive days, strongly opening up the upper Bollinger track space, and the bullish sentiment is high. Since it has successfully broken through and stabilized the key point of 2906 today, the intraday situation is strong, and the operation still maintains a bullish idea of callback, and pay attention to the pressure near 2940 in the evening.
Short order strategy:
Short gold rebounds near 2940-2942, target near 2930-2920, break to see 2910 line;
Long order strategy:
Strategy 2: Long gold pullback near 2906-2910, target near 2920-2930, break to see 2940 line;
XAUUSD: short or buy? How do you choose!There is no major news that has impacted the market, and the three-party talks have not ended yet, so potential uncertainties still exist. This makes the current traders face a choice, whether to go long or short? After all, it is related to the growth and decrease of the balance.
From the technical point of view, there are signs of retracement. From the SMA, the momentum is not strong and relatively weak. On the contrary, the price continues to run in the range of SMA20-SMA50, which shows that the bulls are still relatively strong compared to the bears. The short-term support conversion point 2930 needs to be paid attention to. As the watershed between buying and selling.
Comprehensive trading plan: At present, the price is still trading sideways at a high level. The uncertainty of the news has added some mysterious power to the bulls. Jack believes that the short-term trend of XAUUSD will still rise again after testing the support at a low level, so going long is the first choice.
2928 is a stable buying position. Aggressive friends can choose to buy in advance at 2930-2933. Add a buy order again after XAUUSD falls back.
The target position is set at 2945-2950. The increase range is about 12P-22P.
The stop loss position is set at 2920.
Remember to set a take profit and stop loss in the transaction. Trading is not a one-time transaction, but more like a long-term career in balanced development. So don't let yourself take greater risks. Be sure to pay attention to this issue. ⚠⚠⚠⚠⚠⚠
Remember to like it after reading it. Everyone is welcome to leave your comments in the comment section. Do you support long or short positions?
gold on sellGold (XAU/USD) has retraced above $2,941, reaching a new all-time high (ATH) at $2,947. Currently, we are watching for a pullback above $2,943, which could signal a bearish continuation.
Key Resistance: $2,947 (ATH)
Bearish Confirmation: A rejection from $2,943 could push gold lower.
Sell Entry: Below $2,943 with a target at $2,911.73 or lower.
Stop Loss (SL): $2,950 to manage risk.
Breakout Zone: Below $2,928 could trigger further downside momentum.
Gold evening operation strategy, bulls break out and continue toGold started to move upward after trading sideways yesterday morning. After reaching a high of around 2915, it moved sideways again in the European session, but moved upward again in the U.S. session. As of now, it has reached a record high of around 2947 before retreating. The daily line also closed in the form of a large positive line again. At present, the overall trend is upward. Although the 4-hour line has retreated, the bullish trend is still intact, and the lower Bollinger track has also extended upward, indicating that the short-term downward space for gold prices is limited. Gold is still expected to continue to rise in the future, and the short-term suppression port above is still maintained at the high level of 2947-50. If it breaks, it will look at the 2958-60 line. Every pullback is an opportunity for everyone to go long.
Judging from the current 4-hour trend, the lower support is around 2918-2920, and the upper short-term pressure is around 2947-50, with a focus on the 2958-60 line of suppression. The overall rhythm of participating in the high-altitude and low-multiple cycles remains unchanged relying on this range.
Gold falls back to 2918-2920, buy long positions, fall back to 2908, add long positions, stop loss at 2898, target at 2947-2950, break to 2958-60;
Can gold break through the high-level fluctuations?Gold technical analysis: Yesterday, the gold price fluctuated and rebounded all the way. Today's early trading is close to the historical high of 2940 again. So can it successfully break through 2940 and set a new historical high again? The more times a position is tested, the greater the probability of breaking. Therefore, the probability of gold prices reaching a new high is very high.
At present, the support below is mainly in the 2915-2910 area. In addition, we also know that last year’s market also tested retracements near consecutive historical highs. Then there was a retracement near 2940 on Friday last week. Today’s 2940 retracement. I don’t know if 2940 will continue to suppress the retracement in the future. But you can still try a short-term short near 2940. After all, the cost-effectiveness of the retreat here is very high. The defense is very small. The short-term retreat is considerable. Of course, this is an aggressive approach. If you are prudent, wait for the gold price to rise and then participate in the retreat. At present, the author only sees the pressure of 2955. Therefore, if it hits the 2955 line, you can do a good job of risk control and participate in the retreat.
On the whole, today's short-term operation of gold recommends mainly shorting on rebounds, supplemented by longs on callbacks. The top short-term focus is on the 2940-2942 first-line resistance, and the bottom short-term focus is on the 2905-2900 first-line support.
Short order strategy:
Strategy 1: Short 20% of the gold position in batches when it rebounds to around 2940-2942, stop loss 6 points, target around 2930-2920, break to see 2910 line;
Long order strategy:
Strategy 2: Long 20% of the gold position in batches when it pulls back to around 2906-2910, stop loss 6 points, target around 2920-2930, break to see 2940 line;
Gold may set a new high, aiming directly at the 3,000 mark!Gold fell briefly under the double top pressure at the high point of 2942, and then took a small wave of correction. Yesterday, it rose again and the price approached 2940. It has been trading sideways at a high level from the opening of the market this morning to the afternoon. Will the market form a three-top top pattern or will it hit the 3000 mark?
From a technical point of view, the strong in the bull market often encounters resistance. Generally, it will be tested many times and form a break-up and rising market. The magnitude of the suppression of the decline will not be too large, so the resistance of the bull trend market is used to break the position. The probability of winning by following the trend is far greater than that of winning by going short against the trend.
If you look at the three-top top pattern near 2942, the price will generally fall rapidly after touching it, and close with a long upper shadow line. Only when it meets this pattern can you see the top. But now it is obviously not. Instead, it continues to fluctuate sideways near the high point, accumulating momentum to rise. It is only a matter of time before it breaks. The probability of breaking today is very high, and it may set a new high and point directly to the 3000 mark. If the European market goes up and falls back in the evening, there will be a second rise.
It's just that the price is hard to find here. You can focus on the 2930 line to be bullish, or you can go long without waiting for a pullback and see a breakout and rise. The watershed is 2924. If it falls below this position today, it will be meaningless to be bullish. The upper pressure is 2950-2960! If it breaks the high, it will continue to rise in the evening. If it falls back, it can rise again.
In terms of trading, yesterday's intraday fluctuations rose, the European session was long at 2908, and the profit was successfully stopped at 2919 in the evening, winning 11 US dollars. After the long order stopped profit at 2919, it was directly shorted. The US session continued to rise and the stop loss was at 2926, losing 7 US dollars; two orders made a profit and one loss, making a small profit of 4 US dollars.
Gold Bulls Are Insatiable—Is a Breakout Above 2940 Next?Yesterday, Gold continued its rebound from Friday’s sell-off. Although I expected a new leg down from my 2920-2925 sell zone, the price exceeded that level and retested the all-time high zone for the third time in just eight days.
This type of price action—strong reversals after a sell-off—could indicate that bulls are not done yet, making a breakout above 2940 likely.
At this point, I’ve cut my losses and exited the market, waiting to see if the price confirms the potential for a new all-time high this week.
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.
XAU/USD 19 February 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 11 February 2025.
As mentioned in analysis dated 10 February 2025 that it is highly likely price will print a bullish iBOS is how price printed.
Price is currently trading within an internal low and fractal high.
ChoCH positioning to indicate, but not confirm bearish pullback phase initiation is denoted with a blue dotted line.
Intraday Expectation:
Price to continue bearish and react at either discount of internal 50%, or H4 demand zone, before targeting weak internal high, priced at 2,942.780.
Alternative scenario:
Given HTF (Daily and Weekly) have also printed bullish iBOS' it would not come as a surprise if price printed a bearish iBOS.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 11 February 2025.
Price printed as per yesterday's analysis whereby it was mentioned price to print bearish CHoCH to indicate bearish pullback phase initiation.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of 50% internal EQ or nested H4/M15 demand zone before targeting weak internal high priced at 2,942.780.
Alternative Scenario:
As all HTF's are in bearish pullback phase it would be viable if price targeted strong internal low, printing a bearish iBOS.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
Evening StrategyIf the European market does not break down effectively on 12-06, the rise will accelerate in the later period, with the target at 26-32. We will go short again after it breaks above in the evening. Long orders have been entered below 10, and we will hold positions to protect our market during the US trading.
If the current price long order is eliminated to protect the principal, we will wait for the position to be in place in the evening before entering the market. The recent news is greater than the data, and both long and short positions should be cautious. After several days of large range fluctuations, there may be fluctuations today. We will still wait patiently for the position, and will not enter the market if it is not given in the evening;
Aggressive 93.5 long, 87-81 long, stop loss: 7 points each, or unified stop loss 76. Target: 16-22-30;
Gold market analysis strategyThe release of the data has brought significant market fluctuations. PPI is an important indicator to measure price changes in the production process. It reflects changes in production costs and has a more far-reaching impact on the market. Initial jobless claims data provides the latest updates on the US employment situation from the perspective of the labor market and is an important reference for investors to judge the health of the economy. After the release of the US PPI data for January, the gold market has fluctuated significantly. Spot gold rose by $10, reaching a high of $2,917.61 per ounce, an intraday increase of 0.31%; although the PPI data did not have a greater impact on the market's expectations of the Fed's rate cut, the rising inflationary pressure it reflected still prompted investors to seek safe-haven assets such as gold.
Yesterday, gold fluctuated downward in the Asia and Europe sessions, and the price fell to a low of 2864 in the evening before starting a counterattack. As of today, it has risen to 2922. Judging from yesterday's trend, the first half of the session was running well, and there was a Jedi counterattack in the evening. At the same time, today's rebound high exceeded our expectations. Judging from the current market, the daily chart shows signs of a V. Yesterday's bottoming out and rebound directly limited the extent of today's adjustment. Judging from the trend chart, the volatile trend has not changed. Gold closed with a long upper shadow in the previous 4 hours. Gold is now under pressure at the top of the entity in the previous 4 hours. Gold has begun to stagnate. Gold is currently priced at 2920 in the US market, so go short directly!
