Gold at Key Resistance – Waiting for a Short SetupGold (XAU/USD) has been in a strong uptrend, but I believe a selling opportunity may emerge soon.
• Price is trading near the top of a rising channel, approaching a key resistance zone.
• Overextension and possible exhaustion could signal a reversal or deeper pullback.
• My approach is to wait for confirmation—signs of weakening momentum, bearish price action, or fundamental shifts before entering a short position.
Technical Outlook:
• Resistance: $2,900 - $3,000 (potential rejection area)
• Support: $2,600 - $2,500 (targets if a sell-off occurs)
• Indicators: Watching RSI for overbought conditions and candlestick patterns for reversal signs
Fundamental Factors:
• U.S. economic outlook – A strong labor market or inflation surprises could pressure gold.
• Central bank demand – If demand slows, gold may correct.
• Geopolitical risks – Uncertainty could delay a reversal, but a shift in sentiment may trigger selling.
Xauusdupdates
The best gold trading strategiesGold hit a high and then fell again last Friday. Although it did not set a new high again, it also touched the historical high near 2940 and then quickly retreated. It hit the lowest point near 2876 and then began to pull back and correct. It rose directly after opening during the day. The current highest point is near 2906. After a sharp decline last Friday, the daily line closed in the form of a large negative line. Today, Monday, gold opened at the lowest point of 2878 and rebounded. Gold is just like our weekend trend analysis.
From the current trend of gold, the support below is around 2875-85, and the pressure above is around 2908-13. The overall support is based on this range to maintain the main tone of high-altitude low-multiple cycles. In the middle position, watch more and do less, and be cautious in chasing orders.
Gold operation strategy:
1. Go long when gold falls back to 2877-2885, and the target is 2910-2915;
Gold Market Forecast: Next Week’s Trading Setup & Key Price ZoneGold dipped below $2,900 on Friday but is set to close the week with over 0.80% gains as traders book profits. In this video, we break down the latest market moves: sharply plunging US Retail Sales, a weakening US Dollar, and improving US Industrial Production. Central banks continue ramping up their gold purchases, with the World Gold Council reporting over 1,000 tons bought in 2024. With Fed funds rate futures pricing in 38.5 basis points of easing for 2025, what does this mean for gold's future? Join me as I analyze these trends and prepare to capture the next move in the gold market this week.
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Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult a financial advisor before making investment decisions. Past performance is not indicative of future results.
Gold strategy with over 200% profit in a weekGold hit a high and then fell again last Friday. Although it did not set a new high again, it also touched the historical high near 2940 and then quickly retreated. It hit the lowest point near 2876 and then began to pull back and correct. It rose directly after opening during the day. The current highest point is near 2906. After a sharp decline last Friday, the daily line closed in the form of a large negative line. Today, Monday, gold opened at the lowest point of 2878 and rebounded. Gold is just like our weekend trend analysis.
From the current trend of gold, the support below is around 2875-85, and the pressure above is around 2908-13. The overall support is based on this range to maintain the main tone of high-altitude low-multiple cycles. In the middle position, watch more and do less, and be cautious in chasing orders.
Gold operation strategy:
1. Go long when gold falls back to 2877-2885, and the target is 2910-2915;
XAUUSD: SMA’s guidelines are very simpleCombining the four-hour gold price trend chart below, we can see that the gold price is still in a high box and fluctuating normally. The price is still moving in the SMA20-SMA50 range, relying on the support of SMA50 below, and intends to continue moving upward.
Combined with the one-hour trend chart below, the gold price is above the lifeline of SMA200, and the price is above SMA20, in normal operation
Combined with the thirty-minute trend chart. In the short term, SMA20 and SMA50 are about to form a cross, which will promote further strengthening of gold prices.
Comprehensively evaluated, the general trend is upward, relying on the support of the news, the short-term trend is still in a strong upward stage. It is necessary to observe that if the position of 2906-2913 is effectively broken, the upper 2920-2942 will be touched again. If there is no news that is bearish for gold prices, the rise will proceed slowly. On the contrary, when the factors that are favorable to the rise of gold prices are announced, the gold price will rise rapidly to the first-line position.
Therefore, the short and medium term are mainly based on long gold prices. It is better to miss the short-selling opportunity than to take the risk of shorting the gold price and gain profits that do not belong to you.
Friendly reminder: Because the US stock market is closed today, the impact on the gold price will be reduced after the New York market opens.
COMEX:GC1! COMEX_MINI:MGC1! TVC:GOLD OANDA:XAUUSD
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Evening US tradingToday morning, the real market was long at 2908, and gold rose as expected. When it rose to 2915, the position was reduced, and when it rose to 2920, it was suggested to leave the market. This order made a profit of 120 points.Gold fell to around 2909 and rebounded as expected.The real market also prompted longs near 2909, and prompted to reduce positions when it rose to around 2919, and the remaining positions were protected against principal loss. This order made a profit of 100 points, and today's two waves of longs made a total profit of 220 points. If you follow the trend in trading, you are the main force. No matter how much money you have, as long as you stand on this side of the trend, you are the main force. Not doing anything during fluctuations is also a kind of following the trend, and taking a short position is also a kind of operation. To do trading, you must first learn to stop loss. The key to making money is to make small losses and big profits. The right or wrong prediction has no direct relationship with profit and loss.
The latest real-time price layout of the US market!Spot gold is trading sideways at a high level, and the current price is 2919 USD/ounce. The support and pressure levels are high and low, with the pressure level at 2936 and the support level at 2800. Gold opened at a high level in the morning and continued to rise in the morning. At this stage, it is trading sideways. If it is trading sideways at a high level, it will fall. The longer it is sideways, the longer it will be vertical. Focus on the two areas below 2850 and 2823. If these two areas are broken, the bears can come back at any time. It is just a matter of time. When the bearish trend comes, the bulls can be knocked off at any time. If it is given a high level, it is an opportunity to go short. The overall idea of gold is to go short at any pullback point. The current price of gold is near 2919. Go short and look down at the 2800 area. If it breaks, go down to the 2788 and 2752 areas. It depends on the real-time situation!
Gold 4-hour chartThis week, the gold market has experienced dramatic price fluctuations. Although the price of gold has once pulled back due to profit-taking and technical pressure, the overall performance is still on an upward trend. As of press time, the spot gold price was reported at $2,882.85/ounce, slightly down from the record high of $2,942.70/ounce at the beginning of the week, but the cumulative increase this week was close to 0.8%. Although the price of gold has experienced a pullback this week, it is still expected to record a seventh consecutive week of gains, which undoubtedly reflects the strong support of the current market. Although the gold market faces certain profit-taking pressure in the short term, the long-term upward trend remains unchanged. The Trump administration's tariff plan, inflation expectations, a weaker dollar and global trade tensions will continue to support the rise of gold. At the same time, the slowdown in US economic growth and the uncertainty of the Federal Reserve's policy have also provided strong support for the gold market. Next week, the market will continue to pay attention to the global economic trends and US economic data. The safe-haven demand for gold may further heat up, pushing the price of gold to remain in a higher price range.
Technical analysis of gold: Gold fell sharply on Friday night, and the technical form showed a double top structure. Gold fell and adjusted. Secondly, the negotiations between Trump and Ukraine promoted the easing of the situation between Russia and Ukraine, and the safe-haven property of gold cooled down, which led to a sharp decline in gold. This incident also reminds us to pay attention to the risk of gold changing at any time in the near future! On Friday, gold fell and broke through the 10-day line support of 2880, which is a strong support level that the market has generally paid attention to recently. The gold price can get effective support here during the decline, and there is an obvious rebound signal, which means that the shorts are still dominant; Friday closed near 2882, which is also glued to the 5-day line, approaching 2880 US dollars. The current gold price is in an important position. After the formation of double top pressure and selling, the support here will be the key and the watershed position of the market. At present, the gold double top pattern shows that gold has begun to show signs of peaking above 2940; gold shorts may continue; the rebound will continue to be short next week.
XAU/USD 17 February 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 11 February 2025.
As mentioned in yesterday's 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:
If you miss the transaction, you can only wait for the next timeThe entire short pressure has been released, and the price of gold today is still mainly buying low. The increase in the Asian market is almost the same, and now it is waiting for the longs in the London and New York markets to be released. The target that the price of gold is expected to reach today is about 2910-2920.
Trading:
Buy near 2900-2985. tp2920, sl2980
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.
Gold’s Wild Ride: From Record Highs to Sudden Sell-OffsLast week was highly volatile for Gold prices.
After reaching a new all-time high on Tuesday, the price dropped sharply by approximately 800 pips. However, it began recovering on Thursday and climbed back to the 2940 zone on Friday.
In the final hours of trading, Gold experienced another sharp decline, closing the week exactly at the 2880 support level.
These repeated sell-offs from the all-time high suggest that a deeper correction may be underway, potentially confirming a double-top pattern. If this scenario unfolds, the measured target for the drop could be around 2820.
With this in mind, I will look to sell rallies against the recent 2940 all-time high.
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.
Breaking news affects the trend of gold.Peace talks:
1. Russian media: Russian and US officials will hold a meeting on Ukraine in Saudi Arabia on the 18th.
2. European leaders: Russia-Ukraine conflict negotiations without European participation are "unacceptable".
3. Trump: A meeting with Putin is expected to take place soon; Putin hopes to end the Russia-Ukraine conflict as soon as possible.
4. US Special Envoy for Ukraine: Russia-Ukraine conflict negotiations may focus on Russia's territorial concessions and Russia's oil revenues. It is too early to say when Trump's Ukraine plan will be ready. Europe will not participate in the Russian-Ukrainian peace talks.
Under the influence of this news, the price of gold rose rapidly after the market opened, then fell rapidly to release the short pressure, and then rose sharply again to the current price of 2900.
Under the influence of the dominant news, the price of gold abandoned the original technical trend, and was influenced and guided by the news, and walked out of the independent market outside the technical aspect.
The entire short pressure has been released, and the price of gold today is still mainly buying low. The increase in the Asian market is almost the same, and now it is waiting for the longs in the London and New York markets to be released. The target that the price of gold is expected to reach today is about 2910-2920. OANDA:XAUUSD TVC:GOLD COMEX:GC1! COMEX_MINI:MGC1!
Trading:
BUY 1: 2879-2885
BUY 2: 2893-2896
TP: 2910-2920
SL: 2870
XAUUSD BuyXAUUSD Buy now Target 2926
Or 2909
XAUUSD today strong buy.
As of February 17, 2025, gold (XAU/USD) continues its upward trajectory, recently surpassing the $2,900 per ounce mark. This surge is primarily driven by escalating global trade tensions and economic uncertainties, notably following President Trump's announcement of 25% tariffs on steel and aluminum imports. Such geopolitical developments have heightened gold's appeal as a safe-haven asset.
Analysts project that if current conditions persist, gold prices could approach or even exceed the $3,000 per ounce threshold in the near future. For instance, J.P. Morgan has forecasted an average gold price of $2,950 for 2025, with potential peaks reaching $3,000, citing gold's effectiveness as a hedge against macroeconomic uncertainties.
XAU/USD 17-21 February 2025 Weekly AnalysisWeekly Analysis:
Swing Structure -> Bullish.
Internal Structure -> Bullish.
Analysis and bias remains the same as analysis dated 09 February 2025.
Price has printed a further bullish iBOS.
Price is currently trading within an internal low and fractal high. CHoCH positioning is denoted with a blue dashed line.
Price Action Analysis:
In my analysis dated 27 October 2024, it was noted that the first sign of a pullback would be a bearish Change of Character (CHoCH), indicated by a blue dotted line. Price's consistent upward momentum had repositioned previous CHoCH much closer to recent price levels as expected for weeks. Current CHoCH positioning is quite a distance away from price, therefore, it would be viable if price continued bullish to reposition ChOCH.
Note:
It is highly unlikely price will "crash" as many analysts are predicting. My view is this is merely a corrective wave of the primary trend.
Given the Federal Reserve's dovish policy stance alongside heightened geopolitical risks, market volatility is likely to remain elevated, influencing intraday price swings.
Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty.
Weekly Chart:
Daily Analysis:
Swing -> Bullish.
Internal -> Bullish.
Since my last weekly analysis price has printed a bullish iBOS. Bias and analysis has been accurate over the last few months.
Price is now trading within a fractal high and internal low.
Bearish ChOCH positioning is denoted with a blue shorter dotted line and is very well positioned to print bearish CHoCH which is the very first indication, but not confirmation of bearish pullback phase initiation
Note:
With the Fed maintaining a dovish policy stance and the continued rise in geopolitical tensions, we should anticipate elevated market volatility, which may impact both intraday and longer-term price action.
Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty.
Daily Chart:
H4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 11 February 2025.
As mentioned in yesterday's 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:
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.
Will the dove of peace take off?
A large number of heavy bombs made in the United States arrived in Israel late at night. At 12:53 Norwegian time, Israeli Prime Minister Netanyahu delivered an important speech: We will eliminate the military capabilities of Hamas. Unless all our hostages are released, the gates of hell will open. All our war goals will be achieved.
From the news perspective, the news that affects the gold price over the weekend is mixed. The good news is that the dove of peace is about to fly, and the bad news is that the war bomb is about to explode. It depends on whether it is just a "talk".
From my personal understanding, I tend to go long on the gold price at a low level. Because the gold price will retreat, this is based on technical support. From the graph, the MA cross pattern is about to form. After touching the larger MA200 support below, the speed of the XAUUSD price decline is reduced. It is just a buffer, not a real stop, and then it closes. At the same time, combined with the technical pattern trend of MACD, the kinetic energy column below is still expanding, and the selling pressure in the market still exists. This selling pressure will be concentrated at the next opening. Release. COMEX:GC1! COMEX_MINI:MGC1! TVC:GOLD OANDA:XAUUSD
Back to the chart, we observe the price changes, the current price is 2882. As mentioned above, the gold price has not stopped falling significantly, so we pay attention to whether the small-level support near 2860 can stop the gold price from falling. I think it is about the same. This is what we need to pay attention to. The gold price may quickly retreat to this position and then rebound. Then this is a good time to buy.
From the price, it is reflected that it will fall directly or adjust first and then fall. For short selling, some profits can be obtained, but remember that the gold price will not fall all the time, because after short selling, it is necessary to go long at the right time to make a profit.
GOLD heading for another ATH? I anticipate that gold will continue rising from the current price level around 2,880, targeting the relative equal highs above. Once price sweeps this liquidity, it will establish a new all-time high (ATH).
However, if price starts to accumulate and slow down, we could see a deeper mitigation, possibly into the 7-hour demand zone or even the 6-hour demand zone below. This would set the stage for a larger move to the upside.
Confluences for XAU/USD Buys:
- Price has broken structure to the upside and remains in a strong bullish trend.
- Relative equal highs above provide a liquidity target for price.
- Price is currently sitting in a 4-hour demand zone, with additional key demand areas nearby.
- Gold continues to rally, supported by ongoing geopolitical tensions.
P.S. If price reaches the 6-hour supply zone and starts forming a Wyckoff distribution on the lower time frames, we may see a potential downside move from that point of interest (POI).
XAUUSD: Better trading opportunities next weekAfter the last short position was closed yesterday, the gold price finally closed at 2882, and the lowest reached the target range of 2880-2875, and the lowest reached 2876. From the trend observation, it is in the position of long and short conversion, so there is a certain support. If today is not the weekend, I will definitely continue to go long on gold and wait for it to rise. But the gold market is closed, and there is uncertainty in the news over the weekend, peace? Or war, which will cause gold to explode in the floating of rising or falling.
I think the money in everyone's pocket is not picked up from the ruins. So there is no need to take this uncertain risk. Let's make our trading risks more controllable and profitable next week. OANDA:XAUUSD COMEX:GC1! COMEX_MINI:MGC1! TVC:GOLD
XAUUSD: A new Bias On Gold, What you all think?Dear Traders,
Our last two Gold Setups did not work out in our favour, and that is why we had to rethink about our bias. Now we expect a continuous growth in gold prices as we expected changes in government policies.
Show support by liking and commenting our ideas that will means a lot to us!
Thank you
Profitable trading methodsDear Traders,
Since yesterday, I have maintained my short strategy on gold, entering small positions at 2919, 2927, and 2939, with a TP set at 2916. Gold faced resistance near the 2940 zone and has since retraced, hitting the TP of 2916 as expected. All of our short positions were closed with a profit when the TP was reached.
Based on the current structure, the 2940 region remains a significant resistance zone for gold in the short term. If gold fails to break this resistance, it could potentially form a double top pattern, which would favor further downside movement. We should first focus on the support at 2915-2910, and then monitor the 2900-2895 region for additional support. If gold manages to hold above 2900 during the pullback, we should avoid aggressively chasing short positions, as a potential liquidity increase could attract more buying interest.
For the upcoming trades, there are two possible scenarios:
1. If gold rebounds above 2930, we can consider shorting again.
2. If gold maintains support above 2910-2900 or fails to break below this range, we could look to take long positions.
Bros, have you followed me to short gold and made a profit? 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!