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CFDs on Gold (US$ / OZ)CFDs on Gold (US$ / OZ)CFDs on Gold (US$ / OZ)

CFDs on Gold (US$ / OZ)

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GOLD trade ideas

Gold on thin Volume / Trading break aheadQuick update: Gold is on well known holiday thin Volume Trading as I do not expect much from today's and tomorrow's session. Such sessions are best to be avoided by Retail Traders and take much needed break / rest along with many Bank holidays. I am on sidelines of course as I will not be engaging any kinds of positions. I will provide Yearly recapitulation on tomorrow's session analysis and will take break from Trading from #27 December to #3 January. Will continue posting my analysis on January #3. Thank you for following my analysis all these Years.
TVC:GOLDShort
by goldenBear88
What happens next?In the weekly time frame we may be in the phase of correction A and B may be forming now and this move may lead us to 2726 first and then 2791 after because up move is strong. Than maybe price starts falling . Technically it is possible to hit 2535 but considering the global enviroment 2600 can be a support. But no one knows yet. Middle and the left one showe the subwaves. The first in the left is not fully shown but it looks like 5-3-5 correction has been completed. Following the daily close will give more data to predict actually. In daily it is still bearish but in 4h it may start and up move. In weekly it is bullish. If price is above 2610 this possibility will be still valid.
OANDA:XAUUSDLong
by ForexFox_SA
XAU/USD (Gold Spot vs. U.S. Dollar)1.Elliott Wave Pattern: The chart appears to follow an Elliott Wave structure, with waves labeled as a, b, and c in pink, likely indicating a corrective wave sequence. Additional waves labeled (W) and (X) in green suggest a complex correction or continuation pattern. 2.Trend Channels: Two prominent trend channels are marked: A descending green channel that encompasses a broader bearish trend. A smaller blue channel, showing a temporary upward correction or consolidation within the larger trend. 3.Possible Scenarios: The yellow markings inside the blue channel might indicate smaller corrective movements. After the completion of the blue channel's correction, the price could break downward, as indicated by the projected green wave (X) path leading to lower levels. 4.Current Price: The gold price is around 2,626.93 USD at the time of the chart, with potential resistance near 2,640 USD (upper boundary of the blue channel) and support around 2,580 USD (projected lower levels). 1. Buy Opportunity: Reasons to Consider Buying: If the price breaks above the upper blue channel, it could signal a bullish breakout, indicating further upward momentum. The support levels, such as around 2,620 USD or the lower green trendline, could act as strong areas to initiate a buy if the price holds there. If indicators like RSI (Relative Strength Index) or other oscillators show an oversold condition, it might suggest a reversal to the upside. Key Buy Levels: Near 2,620 USD, provided support holds. Above the upper blue channel, signaling potential upward continuation. 2. Sell Opportunity: Reasons to Consider Selling: The price is currently within a corrective (blue) channel. If it breaks below the lower blue channel line, it could signal a bearish continuation. The green wave pattern labeled as (X) suggests the possibility of a deeper pullback to levels like 2,580 USD or lower. If the resistance near 2,640 USD holds and the price fails to break above it, it could lead to further downside. Key Sell Levels: Below the lower blue channel, confirming a breakdown. Near the resistance at 2,640 USD, if the price fails to break higher and starts reversing downward. 3. Additional Analysis: Using Elliott Wave Theory: The current corrective wave structure ((W)-(X)-(X)) indicates that further downside is possible before a major reversal upward. If the correction completes near 2,580 USD, this could be an ideal long-term Buy opportunity. Indicators to Watch: Look for confirmation signals, such as trendline breaks, RSI reversals, or moving averages crossing to confirm the trend direction. Recommendations: Short-Term (Intraday): Consider selling if the price breaks below the lower blue channel. Long-Term: Consider buying if the price holds support at 2,580 USD or breaks above 2,640 USD.
FX:XAUUSD
by professionalgoldtrader
GOLD - Price can break support level and continue to fallHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Recently price reached resistance line and then at once declined to support line, after which started to grow. A short time later, Gold rose to $2685 level, broke it, and then rose to resistance line one more time. After this movement, price turned around and started to decline inside falling channel, where it broke support line with $2685 level. Gold continued to fall, but later it reached resistance line, after which made downward impulse. Price broke $2615 level and fell to support line of channel, after which bounced up, exiting from channel. Now it trades close $2615 level and possible that Gold can little grow and then fall to $2570, breaking support level again. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDShort
by WalterMoon
8
GOLD → One final step remains before a drop. The target is 2587.Hello, dear friends! Let’s discuss and strategize today's gold trading opportunities with Ben! As predicted yesterday, gold prices dropped to $2,608, delivering a profit of approximately 200 pips. This decline was driven by pressure from Wall Street’s underperformance, which bolstered the strength of the US Dollar and Treasury yields. Investors are now eagerly awaiting clearer signals about the Federal Reserve’s monetary policy for 2025. In reaction to these developments, the US Dollar Index rose by 0.4%, hovering near its highest level in over two years. This diminished gold's appeal for holders of other currencies. Additionally, the yield on 10-year US Treasury bonds increased, adding further weight to gold prices. Looking ahead, the market remains focused on the outcomes of last week's Federal Open Market Committee (FOMC) meeting. A more gradual rate hike trajectory for 2025 is currently under discussion, with speculation that the Federal Reserve may pause interest rate changes in January or March. From a theoretical perspective, in the face of a strong US Dollar, gold has limited upside potential. If sellers maintain resistance below $2,620 and push to break the support level, the pair could target $2,587 in the medium term. Best regards, Bentradegold!
OANDA:XAUUSDShort
by Bentradegold
NEW IDEA FOR GOLD Resistance at $2,654 and the impact of a strong dollar add to the downside of gold On the hourly chart of gold, the price approached the resistance level of $2,654 and failed to break it. This level, which also coincides with the Fibonacci 0.382, is a strong obstacle to the upward movement. If gold continues to fail to break through this resistance, there is a possibility of a decline to the $2,577 range (Fibonacci 0.786) and then $2,485 (Fibonacci 1.272). Additionally, the Ichimoku indicator is showing weakness in the uptrend, as the price is currently below the Kumo cloud. The Alligator lines are also in a bearish position, indicating that sellers are dominating the market. Also, the strengthening of the US dollar as a safe haven asset in the current situation will put more downward pressure on gold. Because gold has an inverse relationship with the dollar; the stronger the dollar, the lower the price of gold. If the dollar's downward trend does not change, the probability of gold falling to the levels predicted in technical analysis will become much stronger.
OANDA:XAUUSDShort
by arongroups
Gold Analysis: Expecting a Bearish Move### **Gold Analysis: Expecting a Bearish Move 📉** I am anticipating a **bearish move** on gold from this **overlapping zone of defense**. The **last line of defense** has been clearly marked on my chart as the critical point where sellers are likely to dominate. My **minimum target** is set to **2R**, aligning with my risk-to-reward strategy. This setup reflects precision and patience, waiting for price to respond decisively at the marked zone. 💡 **Key Highlights:** - Overlapping Defense Zone 📍 - Last Line of Defense 🛡️ - Target: Minimum 2R 🎯 Stay tuned for updates as this setup unfolds! 🚀
PEPPERSTONE:XAUUSDShort
by Asif_Brain_Waves
Analysis "The chart reflects the current market position at 2621.348, highlighting a prominent supply zone above and a key demand zone below. Price action suggests that the market may test the lower levels, with an initial target around the 2610 demand zone. Furthermore, the analysis indicates a potential continuation of bearish momentum, with a broader target extending down to 2603. This movement aligns with current market dynamics, signaling a potential shift in sentiment. Traders are advised to closely monitor price behavior near these levels and adopt a cautious approach, ensuring their strategies align with evolving market conditions."
TVC:GOLD
by LunaTrader_SingnalsProvider
World gold prices have not changed muchIn its Commodity Outlook 2025 report, TD Securities analysts noted that the Fed's rate-cutting cycle, geopolitical uncertainty and strong central bank demand for gold have pushed gold prices to record highs this year, but capital flows have not provided strong support. "There is no shortage of compelling macro stories that have fueled gold's rally in recent months ahead of the US election. However, the gold rally has not been supported by capital flows. Modules have maintained a 'maximum buy' status since August, confirmed by the largely unchanged COT report. In Shanghai, traders have sold nearly 35 tonnes of nominal gold in recent weeks as domestic investment opportunities have become more attractive. Gold buying has been driven largely by traditional ETFs and China. Fund managers have largely eliminated short positions. At the same time, rising US dollar and US interest rates have reduced the attractiveness of gold to Western capital inflows in the short term."
OANDA:XAUUSDShort
by FalCol_TradingMaster