XAU bullishGold broke to the upside still printing bullish PA despite bearish pressure . Please check idea before execution. Not financial advise. Monitor PA to 2680 and beyond. RM 2% equity
GOLD trade ideas
XAUUSD | 15M | SELL NOW Hi everyone, if you want me to keep sharing analysis like this, please don’t forget to hit the like button🚀
SIGNAL ALERT
SELL ( GOLD - XAUUSD ) | 2,658,4 - 2,659,0
🟢TP1: 2,657,4
🟢TP2: 2,655,9
🟢TP3: 2,649,9
🔴SL: 2,668,0
BUY GOLDSupport and Resistance:
Support Level: Around 2,558.12 USD (Stop Loss level).
Resistance Level: 2,717.91–2,720.69 USD (Take Profit 2 zone).
Trend and Pattern:
Price is moving within an ascending channel, indicating a bullish trend.
Potential upward movement towards the resistance zone.
Indicators:
MA50 and MA200 Cross: A golden cross suggests bullish momentum.
RSI: At 67.77, nearing the overbought zone, signaling caution for potential corrections.
Trading Plan:
Entry: Around 2,617.43 USD (current price).
Take Profit 1: 2,650.54 USD.
Take Profit 2: 2,717.91–2,720.69 USD.
Stop Loss: 2,558.12 USD (below the support zone).
Risk Management:
Maintain a risk-to-reward ratio of at least 1:2.
Monitor global economic news affecting gold prices.
Summary:
The chart suggests a bullish opportunity for XAU/USD. However, monitor for short-term corrections as RSI approaches overbought levels. OANDA:XAUUSD
GOLD Will Go Higher From Support! Long!
Please, check our technical outlook for GOLD.
Time Frame: 45m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 2,639.504.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2,649.727 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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XAU/USD 1-Jan-2025 *Happy New Year*On the daily timeframe;
I see the flag pattern,
which, by forming a triangle, the price broke its lower side
and after hitting the Fibonacci level 0.618 (2606), it had a pullback
which in my opinion is a complete pullback and I expect the downtrend to continue
On the other hand:
Although the price is on dynamic support, and MA20 on the weekly timeframe,
The price is in the range area, below the very strong resistance area
a zone that in the past weeks, was very strong as support
and for a long time the price was limited in it
Therefore, I do not think the price can easily move above this area (2625-2634)
Target 1: 2601
Target 2: 2591.5
Target 3: 2576
*Be profitable
Thank you for expressing your opinion by liking and commenting
GOLD (XAU/USD) Key support level? Hi guys today we are going to take a look into GOLD on 1H time frame which is showcasing that we are sitting on a very low RSI level making the price quite over sold.
Currently I am looking for two set-ups for a reversal
Entry: 2,627
Target 1: 2,640 above a strong support level
Target 2: 2,665 at a weak resistance level
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
GOLD SHORT As i expect, that goldnow i have entered at the area all failed eng M5.
Gold is falling since last week, and i have published idea, in which my idea was gold will fall, my entry was at 2637 and my stop loss was at 2651, and target was at 2585.
Entry point : 2605 at the area of failed bearish eng.
Stop loss : 2609 and target is 2596
Gold Bearish"All Insights are given on Chart"
(Follow for more Valuable Updates)
Note :
Do your own Research and Trade Wisely Never rely on my opinions.
Good Luck folks
Gold Prices Today (December 31): Broad Decline Across the BoardHello, dear friends! Ben here!
Spot gold has successfully climbed past the $2,600 mark during the U.S. trading session, continuing its retreat from Friday's peak of $2,638.
Driving the current sentiment is the U.S. dollar (USD), which gained strength as Wall Street opened amidst lackluster performance in local indices. Weak trading volumes further intensified the drop in equities, fueling a short-term rally in the USD. Yet, despite these temporary setbacks, the three major indices are on track to close another year with impressive gains.
Meanwhile, market participants are shedding high-yield assets as uncertainty looms over what 2025 may bring. The Federal Reserve (Fed) has signaled its intent to slow the pace of rate cuts, given that inflation remains stubbornly high. Adding to the tension, former President Donald Trump is set to return to the White House on January 20, with his anticipated protectionist policies likely to exacerbate inflationary pressures in the years ahead.
Given these dynamics, a bearish outlook on gold remains dominant in the short and medium term. Attention is centered around the 2,610 resistance level—so long as sellers defend this zone, gold appears poised to decline further, with potential targets in the 2,596–2,587 range.
What are your thoughts? Share your insights, forecasts, and questions—let’s explore the ongoing dynamics of XAUUSD together!
Gold Price Analysis: Key Levels and Potential Reversal ZonesFXOPEN:XAUUSD Gold Price Analysis: Key Levels and Potential Reversal Zones
The chart displays the price action of CFDs on Gold (US$/OZ) on a 4-hour timeframe. The chart is annotated with various technical indicators and concepts, including Break of Structure (BOS), Change of Character (ChoCH), Fibonacci retracement levels, and volume profile.
Price Action Analysis:
The chart shows multiple BOS and ChoCH points, indicating shifts in market structure.
The price has recently broken below a significant support level around 2,640.978, suggesting a bearish trend.
Smart Money Concepts (SMC):
BOS and ChoCH annotations highlight key areas where institutional traders might have entered or exited positions.
The recent BOS at 2,640.978 suggests a potential continuation of the downtrend.
ICT Elliott Wave Analysis:
The chart shows potential Elliott Wave patterns with corrective waves forming within the highlighted Fibonacci retracement zones.
The 0.382 (2,659.5136) and 0.786 (2,594.0628) Fibonacci levels are key areas to watch for potential reversals.
Volume Profile:
The volume profile on the right side of the chart indicates high trading activity around 2,726.130 and 2,601.810, which can act as resistance and support levels, respectively.
Indicators:
The MACD histogram at the bottom shows a mix of red and green bars, indicating fluctuating momentum.
Buy Strategy:
Entry: 2,601.810 (near the support level and high volume area)
TP1: 2,640.978 (previous support turned resistance)
TP2: 2,659.5136 (0.382 Fibonacci level)
SL: 2,582.264 (below the support level)
Sell Strategy:
Entry: 2,640.978 (previous support turned resistance)
TP1: 2,601.810 (support level and high volume area)
TP2: 2,594.0628 (0.786 Fibonacci level)
SL: 2,659.5136 (above the 0.382 Fibonacci level)
Follow @Alexgoldhunter for more strategic ideas and minds
This detailed analysis incorporates various trading strategies, including Price Action, Smart Money Concepts (SMC), and ICT Elliott Wave strategies, to formulate comprehensive buy and sell strategies. The indicators displayed on the chart, such as Fibonacci retracement levels, volume profile, and MACD, support the analysis and identify key levels for entry, take profit, and stop loss.
XAUUSD - Todays PlanWe are back after the festive period! Here is our view and update on XAUUSD . Potential opportunities and what to look out for after the Holiday season and start of the New Year.
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 on November 27th.
XAUUSD is currently trading at around 2635 .
Scenario 1: SELLS from 2636 or 2630
That would confirm our pullback to the upside and breaking below 2630 would give us an opportunity to drop back down to 2611 or 2604 which is still one of our major Key Levels. Next we would be targeting a very important KL (Key Level) 2590.
Scenario 2: BUYS from 2645
We broke above 2636 and are trading above it. We should see more upside towards 2645 potentially reaching and breaking 2660. If 2660 is broken, it would invalidate our long-term analysis on XAUUSD.
Personal opinion:
We are still extremely bearish on XAUUSD. Safe sells would be placed at breaks of 2630 and we could potentially reach our target today (2611 - 2604). On the other hand if we start breaking above 2636 and breaking 2645, we would be looking to finally change our long-term bias and look for further buys reaching 2714 again.
KEY NOTES
- XAUUSD breaking below 2630 would confirm sells down to 2611 - 2604.
- XAUUSD breaking above 2645 would confirm further buys up to 2660.
- DXY is still holding strength and shows no signs of stopping.
Thank you everyone for your amazing support lately. We will continue to provide value to you.
Happy trading!
FxPocket
Gold Spot (XAU/USD) Technical Analysis: Potential Decline to KeyThis analysis of Gold Spot (XAU/USD) on the daily timeframe highlights the price structure, Fibonacci retracement levels, and Andrews' Pitchfork, suggesting the possibility of further downside movement to key support areas.
Key Highlights:
Corrective Wave Structure and Key Resistance:
The recent upward correction appears to have completed near the resistance zone of $2638–$2655, aligning with the 38.2% and 50% Fibonacci retracement levels.
The condition for further decline is the inability to close a daily candle above this resistance zone. Failure to break this level increases the probability of continued bearish movement.
Andrews' Pitchfork:
The price is clearly moving within the Andrews' Pitchfork, which illustrates the overall bearish direction of the market.
Price action at the median and outer lines of the pitchfork will determine the next move.
Key Support Levels:
The first major support level is at $2545, which could act as a short-term target.
If selling pressure persists, the price may drop further to the next significant support at $2495, completing the anticipated C-wave.
DT Oscillator:
The downward turn in the DT Oscillator provides confirmation of continued bearish momentum.
This bearish signal, combined with failure to break the key resistance zone, increases the likelihood of a move toward the identified support levels.
Potential Scenarios:
Bearish Scenario:
If the daily candle fails to close above the $2638–$2655 resistance zone and the DT Oscillator maintains its bearish signal, the price is likely to decline toward $2545 and potentially $2495.
Bullish Scenario:
A close above the $2638–$2655 resistance zone, coupled with a bullish turn in the DT Oscillator, could indicate a potential trend reversal and a move toward higher levels, possibly $2700+.
Conclusion:
Based on Andrews' Pitchfork, the key resistance zone, and the signals from the DT Oscillator, Gold Spot is at a critical juncture. If the resistance holds, the price is likely to decline toward the $2545 and $2495 support levels. Traders should closely monitor the price reaction to these levels and momentum signals for potential setups.
Feel free to share your thoughts or questions in the comments, and don’t forget to follow me for more detailed analyses like this!
First short gold, then go long gold!Currently, gold has risen sharply and broken through the short-term high of 2638. There is no good position to continue chasing the rise of gold. The highest gold has reached near 2646. I do not intend to continue chasing the rise of gold near this position. On the contrary, I have continued to short gold near 2646. When gold falls back to the 2640-2630 area, I will consider going long on gold!
Bros, do you think gold will retrace? 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!
XAUUSD NEXT MOVE (Read Caption)Hello Traders, this is my idea on XAUUSD next move .kindly boost my charts and follow me for best technical analysis.
In last couple of days XAUUSD tried to break the range and yesterday gold break this range and go for good long. according to me gold can go for long because it is at its major support zone 2638/2630 and will touch first resistance 2658/2665 and then if it break the resistance then it is confirm that gold can touch 2681.
KEYPOINTS;
entry 2637
support area 2638/2630
resistance area 2658/2665
target 2681
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Xauusd buy Gold price attracts some follow-through sellers at the start of a new week and retreats further from a nearly three-week high, around the $2,665 region touched on Friday. The prospects for slower Fed rate cuts in 2025 keep US Treasury bond yields elevated, undermining the non-yielding yellow metal.
Xauusd buy 2625
Support 2635
Support 2645
Samll sell
Gold sell trend now in M30Gold is falling down but there is previous breakout at the 2630 level we will try to buy from there target will be 2660 use your stop loss to 2625
please support my work by like / boost my idea and comment your thoughts in comments
please manage money management trade at your own risk
Best wishes Tom 😎
XAUUSD Strategy: Is Gold Poised for More Gains?Hello everyone, let’s continue planning our strategy with XAUUSD today!
Currently, gold is showing a slight recovery on the short-term analysis chart, trading around the resistance level of $2,634 USD, with a few key highlights to note:
Trend Analysis: The price is moving above the EMA 34 and EMA 89, with the EMAs reversing direction, signaling a bullish recovery and short-term upward correction.
After breaking out of the descending price channel, gold has immediately tested the $2,630 USD resistance. If this level is breached, the next target is $2,650 USD. Alternatively, $2,620 USD appears to be a promising buy zone for traders following price action strategies.
So far, gold has gained nearly 100 PIPs, reflecting the return of bullish momentum. Therefore, the current short-term outlook favors buying opportunities.
What about you? What’s your take on today’s trend and gold’s outlook for 2025? Should we continue buying gold? Share your thoughts in the comments!
XAUUSD LOING SETUP [Read Caption]Hey guys I am here to share you one of the best XAUUSD setup, so do not forget to share your opinion about my chart. Kindly follow me and boost my charts for best XAUUSD setups.
XAUUSD was in range for so many days and now finally it has break the range and now it is reversing to retest the level that it has broken, XAUUSD is now running at major support zone Now XAUUSD is running at 2640 and now it is possible that gold will touch our 1st target 2663 and then may be it will give rejection because 2663 is a resistance area, if XAUUSD break the resistance then 2680 is next target of XAUUSD. If XAUUSD break the support then it can reach to the support area 2..
KEY POINTS:
Current Price 2640
Target 1 2663
Target 2 2680
Support Area 2637/2629
Support Area 2 2611/2603
Remember that XAUUSD should break the first target 2663 and then we should go for the next target otherwise first resistance zone is the target.
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Daily live trade with XAUUSD in 15m/30m/1h 20250103Daily live trade with XAUUSD in 15m/30m/1h 20250103
Short at lower high (Pre trade analysis)I am waiting for a short setup
Once lower high is formed
A bearish candle is formed
Volume is supporting bearish momentum
RSI falling below 40 / showing bearish divergence toward lower high
Gold Spot (XAU/USD) Technical Analysis: Harmonic Pattern and KeyThis analysis highlights a harmonic pattern forming on Gold Spot (XAU/USD) in the 4-hour timeframe, along with critical support and resistance levels that may guide future price action.
Key Levels:
Support Zone: 2638–2630
This area represents a strong support zone where price may find buying interest if a pullback occurs.
A break below this range could lead to further bearish momentum.
Resistance Levels:
2675: First resistance level where the price could face selling pressure.
2695: A key level in alignment with the harmonic pattern's potential completion.
2710: Final target zone, representing a full extension of the pattern and a critical resistance area.
Harmonic Pattern:
A potential Bearish Gartley pattern is forming, with the final point (D) expected near the 2695–2710 zone.
This pattern suggests a possible reversal from the completion zone, depending on price action and confirmation signals.
Scenarios:
Bullish Scenario:
If the price holds above the 2638–2630 support zone, it may continue its upward move toward the resistance levels at 2675 and 2695.
A breakout above 2695 could lead to further gains, targeting 2710.
Bearish Scenario:
Failure to break above the 2695–2710 zone (completion of the Gartley pattern) may result in a reversal toward the support zone at 2638–2630.
A break below 2630 could trigger additional downside momentum.
Conclusion:
Gold is approaching a critical area defined by the harmonic Gartley pattern. The 2638–2630 support and 2695–2710 resistance levels are key zones to watch for potential price reactions. Traders should look for confirmation signals, such as candlestick patterns or momentum shifts, to identify the next move.
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XAUUSD_15M_BuyAnalysis of gold in the short term The market is in five downward Elliott waves, which is expected to be the end of the downward wave and Anas will be supported in the range of $2633 and will enter an ABC upward correction and move towards 2644 and by crossing this number, it will move towards 2653.
Gold M30: GOLD LOOKS LIKE BULLISH
GOLD LOOKS LIKE BULLISH
hello traders Gold will be bullish target will be given in chart you see
ENTRY POINT $2643 TO $2640
1ST TP $2655
2ND TP $2665
SL $2629
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