XAUUSD H1 Analysis Is Ready (Read The Caption)This chart represents the price action of XAU/USD (Gold vs. USD) on the 1-hour timeframe. Key components of the analysis include:
1. Supply Zone: The chart highlights a supply zone near the 2,698-2,681 level, where selling pressure is expected to dominate, potentially reversing the price downwards.
2. Resistance Zone: A resistance area is marked around 2,681, indicating a level where the price has previously struggled to break above. It's expected to act as a barrier for upward momentum.
3. Support Zone: A support zone is noted near 2,653, which has historically provided a base for price rebounds, preventing further declines.
4. Price Action Expectation:
The blue arrows suggest potential movements: an upward attempt towards the supply zone and resistance.
If rejected, the price may decline toward the identified support level at 2,653.
This analysis relies on supply and demand zones, as well as key horizontal levels, to predict price movement. It reflects a possible short-term scenario for XAU/USD traders, with careful attention to breakout or reversal signals.
Xauusdupdates
1/9 Gold Trading StrategiesThe previous decline has been almost fully recovered, and from a rebound perspective, it is nearing its conclusion. A pullback of about 1/3, roughly $30, is expected next, which presents a trading opportunity.
Sell between 2670 and 2685, with a take profit (TP) target at 2638-2628.
Gold next push to the upside or downside. 😌 Price has bn playing around last week high.
🫴🏻If price breaks the previous week high 2658.40 and a close above it, there's a higher probability 💯 that price is going to clear the liquidity above 2692.76 and get to the daily point of interest 2706.89 💫
🫴🏻If price did not breaks the previous week high with a candle closure above it. I am anticipating price to clear both this current week Monday's Low 2614.76 and previous week Monday's Low 2596.12.
🫵🏼 Watch out for this. The simple thing is to let price do what it wanted to and you trade what you see.
Please bost if you find this one insightful.
SCALPING XAU ! 2664 resistance gets strong on news⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
US Treasury bond yields and the US Dollar surged on Tuesday following robust US economic data, reinforcing expectations that the Federal Reserve will adopt a slower pace for rate cuts this year.
The Institute for Supply Management reported an increase in its Non-Manufacturing Purchasing Managers' Index (PMI) to 54.1 in December, with the Prices Paid component reaching its highest level in nearly two years.
Meanwhile, the JOLTS report revealed an unexpected rise in job openings, climbing to 8.098 million at the end of November from 7.839 million previously.
⭐️Personal comments NOVA:
Gold price is on a good uptrend, surpassing the 2650 mark. Resistance 2664 will be the next target.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2664 - $2666 SL $2669 scalping
TP1: $2658
TP2: $2654
TP3: $2645
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
2630~2665 range sell high buy lowGold rose strongly yesterday. Many people may have started to chase more gold. However, gold fell back under pressure at 2664, reaching the previous high point. This position is also an effective point for the continuous suppression of shorts in the near future. With the strong rebound during the day, it also reached this position, but it is very likely to form a triple top pattern!
The daily line tested the MA60 daily moving average at 2664 and then fell back. With the negative news data, a waterfall formed to reach 2642. Today's operation maintains high selling and low buying!
There are too many data in the second half of this week. Before the range is broken, it is still difficult to have a large unilateral market. The bulls cannot rise further. The gold bulls did not break through in one fell swoop, and the rebound high continued to be short.
Gold continues to fluctuate in a large range in 1 hour. If it rebounds high, don't continue to chase it. The short-term gold 1-hour line has double tops. If gold no longer breaks through the new high, then the double top of gold will continue to fall under pressure. Gold rebounds to 2665 in the Asian session and continues to sell at highs!
First support: 2640, second support: 2632, third support: 2615
First resistance: 2656, second resistance: 2665, third resistance: 2683
Operation ideas:
BUY: 2635-2638,
SELL: 2663-2665,
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.
XAU/USD 08 January 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Analysis/Intraday expectation remains the same as analysis dated 16 December 2024.
Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase.
Price Action Analysis:
Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity,
for two possible reasons.
1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high.
2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855.
Intraday Expectation:
Intraday expectation and alternative scenario as per points 1 and 2.
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.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Price Action Analysis:
Price did not meet yesterday's intraday expectation targeting weak internal low, by printing a bullish iBOS.
Price has printed a bearish CHoCH indicating, but not confirming bullish pullback phase initiation.
We are now trading within an established internal range.
Intraday Expectation:
Technically, price to trade down to discount of 50% internal EQ or M15 demand zone before targeting weak internal high, priced at 2,664.330.
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:
Gold Analysis: Key Levels and Trade OpportunitiesChecklist for a Sell at $2,655
Long upper wicks (indicating strong selling pressure
Stop-Loss: Above $2,665 to manage risk.
Take-Profit Targets:
First target: $2,645.
Second target: $2,635.
Checklist for a Buy Entry at $2,637:
A bullish engulfing candle.
Stop-Loss: Below $2,630 to minimize risk.
Take-Profit Targets:
First target: $2,650.
Second target: $2,655.
Extended target (if the trend continues): $2,665.
XAUUSD/GOLD 1H BUY PROJECTION 07.01.25Import costs and currency fluctuations - Differences in currency exchange rates and higher import costs have contributed to rising gold prices in other regions. Local taxes, market conditions, and logistical challenges also add to the disparity between Indian and global rates.
"Gold Technical Analysis: Bullish Breakout
Based on the chart, here is the analysis:
1. **Resistance Area:**
- The green shaded zone above the current price marks a potential resistance zone. This is where sellers may become active, halting further upward movement.
2. **Breakout Confirmation:**
- The price has broken above a horizontal resistance zone (marked by the black line). This breakout is a bullish signal, suggesting potential continuation to the upside.
3. **Bullish Momentum:**
- The recent upward move shows strong bullish momentum, as seen in the series of higher highs and higher lows.
4. **Target Zone:**
- If the price continues upward, the next significant resistance or target is likely within the green zone, where the price may face selling pressure.
5. **Key Levels:**
- Support: The broken resistance at ~2650 could act as a new support if the price retests this level.
- Resistance: The green zone around ~2665–2675.
**Potential Trade Plan:**
- **Buying Opportunity:**
- If a retest occurs near the breakout zone (~2650), it may offer a good entry for a long position with a target toward the resistance zone.
- **Selling Opportunity:**
- Monitor price action around the green zone (~2665–2675) for rejection signals or a potential reversal setup.
Would you like me to update this analysis based on any specific targets or time frames?
XAUUSD:7/1 Today's Market Analysis and StrategyGold technical analysis
Daily resistance 2660, support below 2580
Four-hour resistance 2645, support below 2600-2580
Gold operation suggestions: Gold fluctuated narrowly on Tuesday and is currently trading around 2639. Gold prices fell slightly on Monday. The Federal Reserve recently hinted that it would slow down the pace of interest rate cuts in 2025. U.S. Treasury yields climbed to a new high since May. Gold prices hit a three-day low of around 2614 during the session. However, there were conflicting reports on how aggressive the tariff plan of U.S. President-elect Trump would be after taking office. The U.S. dollar index fell to a new low in more than a week, and gold prices rebounded slightly in late trading.
From the 4-hour analysis, we focus on the short-term suppression of the 2645 line on the top, and the short-term support of the 2637-27 line on the bottom, with a focus on support of 2600. The operation is mainly to buy on dips, supplemented by range trading.
BUY:2627near
BUY:2614near
The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.
XAU/USD 07 January 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Analysis/Intraday expectation remains the same as analysis dated 16 December 2024.
Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase.
Price Action Analysis:
Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity,
for two possible reasons.
1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high.
2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855.
Intraday Expectation:
Intraday expectation and alternative scenario as per points 1 and 2.
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.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Price Action Analysis:
Price has been printing erratically by printing a bullish iBOS (which was against internal bearish bias) quickly followed by bearish iBOS which met yesterday's intraday expectation analysis.
Price has printed a bullish CHoCH indicating, but not confirming bullish pullback phase initiation.
We are now trading within an established internal range.
Intraday Expectation:
Price is showing reaction at M15 supply zone. Strong internal high is expected to hold. Technically price should target weak internal low priced at 2,614.635.
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:
1/7 Gold Trading StrategiesAfter experiencing significant volatility, gold is now in a narrow consolidation phase. Based on previous price movements, this range appears to be relatively stable. Therefore, the trading suggestions are as follows:
Sell between 2641 and 2646, with a (TP) at 2634-2628 and a (SL) at 2649.
Buy between 2624 and 2617, with a (TP) at 2632-2637 and a (SL) at 2613.
Gold is in the Bearish Direction after Formation ManipulationHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
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
Gold Price Analysis: Bullish Momentum Hinges on 2630 SupportOANDA:XAUUSD began the year on a positive note. After testing the 2600 support level several times before the New Year, the price rose and reached a high of 2666 on Friday.
Currently, the price is undergoing a normal correction following the 600-pip rally and, at the time of writing, XAU/USD is testing support around 2635.
To sustain its bullish momentum, the price needs to reverse upward and reclaim the 2650 level. If this occurs, bulls could anticipate further continuation toward the 2700 resistance zone, with interim resistance levels at 2666 and 2680.
However, if the price falls below 2630, the 2600 level will once again be exposed, and Gold could remain range-bound.
For now, I remain bullish as long as the 2630 support level holds.