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XAU/USD: Another Fall Ahead ? (READ THE CAPTION)By analyzing the 2-hour timeframe for gold, we see that the price remains range-bound with no clear directional trend. Currently, gold is trading around the $2900 level, and if it fails to break above $2913 again, we can expect a downward correction. Potential targets for this correction are $2870, $2861, and $2853. Keep an eye on price reactions at each of these key levels, as all three could present opportunities for buy positions! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
FX_IDC:XAUUSDShort
by ArmanShabanTrading
19
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Markets are on edge yet they're giving trades if you're able to get in at the right moments. Yesterday we had completed nearly all of our bias above target levels apart from 2900 and 2910 which was the final target. We did get a minor pull back from the region we wanted but it was short lived before the move upside resumed. Support now stands at the 2895-90 region while resistance is standing at 2920. We would say as long as 2920 holds we should see a move downside into the support region. Break of 29020 and we're on for 2930-35 which is the level that needs to be watched carefully if it gets there. There is a dip into 2885, but that is the bias above level, so above that we remain bullish. Price: 2919 KOG’s Bias of the day: (today) Bullish above 2895 with targets above 2925✅, 2930 and 2933 above that Bearish on break of 2895 with targets below 2878 RED BOXES: Break above 2925 for 2930✅, 2937 and 2941 in extension of the move Break below 2916 for 2910 and 2907 in extension of the move As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
18
XAU/USD Bullish Flag (06.03.25)The XAU/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Bullish Flag Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position around Trendline Of The Pattern. Target Levels: 1st Resistance – 2949 2nd Resistance – 2969 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
OANDA:XAUUSDLong
by KABHI_TA_TRADING
19
GOLD - Price can continue to grow and exit from wedgeHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 The price started to grow inside the rising channel, first reaching the support line and then rising to the $2835 support level. Next, Gold broke this level and continued to move up and rose to $2930 level, after which started to fall in wedge. Gold exited from a channel and continued to decline near support line of wedge, but later it bounced to resistance area. Long time XAU trades in this area and reached resistance line of wedge, after which turned around and started to fall. Price broke $2930 level and fell to support line of wedge, after which bounced and made a gap. So, I expect that Gold can correct little and then rise to $2930 level, exiting from wedge pattern. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDLong
by WalterMoon
12
XAUUSDHello Traders! 👋 What are your thoughts on GOLD? Gold remains below the key resistance zone, experiencing choppy and range-bound movements since last week. As long as the price stays below this resistance level, we expect a potential decline towards the identified support levels. A break below $2895 could increase selling pressure and open the door for lower targets. What’s your outlook on gold? Do you think resistance will break? Don’t forget to like and share your thoughts in the comments! ❤️
FX:XAUUSDShort
by HAMED_AZ
11
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between two weighted levels with a gap above at 2918 and a gap below at 2889. We will need to see ema5 cross and lock on either weighted level to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2918 EMA5 CROSS AND LOCK ABOVE 2918 WILL OPEN THE FOLLOWING BULLISH TARGET 2947 EMA5 CROSS AND LOCK ABOVE 2947 WILL OPEN THE FOLLOWING BULLISH TARGET 2978 BEARISH TARGETS 2889 EMA5 CROSS AND LOCK BELOW 2889 WILL OPEN THE FOLLOWING BEARISH TARGET 2857 EMA5 CROSS AND LOCK BELOW 2857 WILL OPEN THE SWING RANGE SWING RANGE 2813 - 2772 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
5
GOLD: First Red DayHello traders and welcome back to my channel, as always, don't forget to leave me a like and a comment to support my work, I don't share too much because I constantly try to select best market's template with a great potential of success. I strongly believe in quality above quantity! If you have been following me since a while, you should remember that any of my analysis are not a forecast, I'm not interested in understanding and/or predicting what the market is going to do. Why? Because guessing is literally 50/50 and is not part of my job. Now, let's talk about GOLD. I really like the current template and how the new month started, and to me, we can have a great opportunity to see a weekly pump and dump scenario setting up today with NFP or keep moving some more day into the new week. To understand better the logic behind, let's analyse the market more deeply. I didn't show in this chart the previous week, but you can have easily a look by yourself and you will realise that it started breaking down in a full week of down move, main reason today I would like to be looking for a short setup (if a short setup will be identified) Monday, opening range of the week and the month, it was a clear pumping day, triggering long traders in the market and closing out of balance. The market now may be in place and other time frames are potentially involved in the market. Tuesday, GOLD proceeded pumping higher, especially during the London session, triggering for the second time long traders in the market, and again closing out of balance. Wednesday it kinda tap the weekly high, but most of all I can see the market consolidating. To me, it's a first sign of potential volume trap up high. Thursday, the previous daily low was triggered, stopping eventually traders long from Wednesday, which they were trying to keep buying up high, and closing the day as a first red day, which potential can be a sell signal. Today, Friday, the market is still inside the consolidation, and NFP can be very interesting in terms of completing this pattern, and I will be willing to take a sell high opportunity after the news. Thesis: - My main thesis is currently short, is a common weekly template of pump and dump if setup correctly But obviously, I'm not here trying to predict, this is only the setup I'm looking for. Yes, the market can keep going higher, in fact, I cannot exclude a scenario of breakout, pullback, continuation, on top of Monday high, which is the opening range of the week. How do I know which direction is the market taking? I don't know, until I will see a setup, either a pump and dump (and I will be lookingto short the dump and the weakness of the market). Either if I can see a dump and pump, I would be willing to buy the strength on the frontside of the pump during NY session. For better undressing, I will be sharing the intraday perspective during the NY session. Gianni
PEPPERSTONE:XAUUSDShort
by GianniPichichero
17
DeGRAM | GOLD is holding under the supply zoneGOLD is under an ascending channel between trend lines, under the supply zone. The price is moving from the dynamic resistance. The chart is holding under the lower boundary of the supply zone, which coincides with the 78.6% retracement level. The previous week was ended with a bearish takeover formation. We expect XAUUSD to continue its decline. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
FX:XAUUSDShort
by DeGRAM
16
GOLD ROUTE MAP UPDATEHey Everyone, We started the week with our Bearish target hit first at 2901, which gave multiple weighted level bounces of 30 pips plus. We were able to capitalise on these bounces, inline with our plans to buy dips. We are now seeing price breakout of the 2901 Goldturn level and ema5 is about to lock. We will wait to confirm a lock for the continuation into the retracement level for further weighted level bounces. Failure to lock below 2901 will see a re-test back into the upper Goldturn. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2922 EMA5 CROSS AND LOCK ABOVE 2922 WILL OPEN THE FOLLOWING BULLISH TARGET 2947 EMA5 CROSS AND LOCK ABOVE 2947 WILL OPEN THE FOLLOWING BULLISH TARGET 2968 BEARISH TARGETS 2901 - DONE EMA5 CROSS AND LOCK BELOW 2901 WILL OPEN THE FOLLOWING RETRACEMENT RANGE 2878 - 2851 EMA5 CROSS AND LOCK BELOW 2851 WILL OPEN THE SWING RANGE SWING RANGE 2820 - 2796 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
13
HelenP. I Gold will correct to support level and then rebound upHi folks today I'm prepared for you Gold analytics. Looking at the chart, we can see that the price initially climbed near the trend line before reaching Support 2, which aligned with the support zone. After this move, it reversed and dropped back to the trend line, then rebounded and eventually broke through Support 2. The price then made a retest and continued to rise, eventually reaching Support 1, which also coincided with another support zone. Shortly after, XAU broke this level and started consolidating around it. At some point, Gold attempted to push higher but later reversed, dropping back to the trend line and breaking Support 1. However, it quickly rebounded, surging back to the support zone and even higher, breaking Support 1 once again. Currently, the price is trading near this area, and I anticipate that XAUUSD will decline toward the support level before reversing and rebounding upward. In this scenario, my goal is set at 2960 points. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDLong
by FirstNameHelen
10
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone, This is an update on our daily chart idea that we are now tracking for a while now. If you have only started following us, please read the updates below from last week. The half line of our unique channel gave the perfect bounce into the next axis target at 2904, inline with our plans to buy dips just like we stated. We now have a body close once again with ema5 cross and lock above 2904 leaving the range above open. We will continue to look for support at the ascending half-line of the channel, as we climb into the range. This is the beauty of our Goldturn channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn. We will use our smaller timeframe analysis on the 1H and 4H chart to buy dips from the weighted Goldturns for 30 to 40 pips clean. Ranging markets are perfectly suited for this type of trading, instead of trying to hold longer positions and getting chopped up in the swings up and down in the range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up using our smaller timeframe ideas. Our long term bias is Bullish and therefore we look forward to drops like this from rejections, which allows us to continue to use our smaller timeframes to buy dips using our levels and setups. Buying dips allows us to safely manage any swings rather then chasing the bull from the top. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX LAST WEEKS UPDATE After completing our Bullish targets we stated that the channel top will act as resistance confirmed with ema5 rejection. A break of the channel top with ema5 would confirm a continuation and failure would confirm rejection. This allowed us to identify true breakouts against fake outs. We also stated that we need to keep in mind the channel half line below to establish floor to provide support for the range, should we continue to track further up. A break below the half line will open the lower part of the channel to establish floor on the channel bottom. The safest way to track this movement is by buying dips. - Once again this played out perfectly as we got the rejection on the channel top followed with the channel half line test, which gave the perfect bounce like we stated. We will now either look for a continuation from this bounce or a cross and lock below the half line for a break into the lower channel floor.
OANDA:XAUUSD
by Goldviewfx
4
THE KOG REPORT THE KOG REPORT: In last week’s KOG Report we said we would wait for the 2847-50 level to confirm support, and if it did the opportunity to long the market following KOG’s bias level targets would be available to traders. This worked well during the early part of the week as we managed to complete all targets by Tuesday! Once price confirmed encroaching the resistance we decided not to attempt the swing short, instead, trade the choppy range on the indicators which also worked well for traders. Pre-NFP we released the KOG Report giving the idea to watch the support level 2910, if given the opportunity to long could be available into the higher levels on the boxes. Although we got the pinpoint long, the move did not complete after a 200pip+ capture, not a bad week at all, not only on Gold but all the other pairs we trade and analyse in Camelot hitting a phenomenal 32 Take profit levels. Well done again to the community. So, what can we expect in the week ahead? It’s a difficult one to decipher this week with the previous weeks range holding into the close on Friday. We have support below at the 2895 with extension into 2885 and resistance at 2930-35 with extension into the 2945 region. We also have the range high and low which you can see on the chart with a slight incline! For that reason, we would suggest best practice for market open is to wait, wait for price to break out of the range with the key levels here being 2920 which needs to break upside to start the move into the 2935 level and above that 2950-55 which is where we may get that potential swing short opportunity from. Please note, here we need to see a daily close above the 2935 region to continue the move upside, ideally, we want to see tap and bounces from these higher levels. On the flip, if we see resistance at that 2920 level and get a close below our red box support level 2907-10, we can consider the level to level short trades downside targeting the 2885 and potentially below that 2970-75 for now. As above we'll keep it simple for now, we can’t magic up an idea and hope for the best, when price accumulates like this, we have a fair idea of what it can do, but we need that set up to pull the trigger. Until that comes we can we'll just simply play the range. You can see from past KOG Reports how extremely powerful the red boxes we share for free are, they almost play price to perfection. So, lets stick with them and let Excalibur lead the way for this week. KOG’s Bias for the week: Bullish above 2898 with targets above 2920, 2934 and above that 2945 Bearish on break of 2898 with targets below 2895, 2880, 2874 and below that 2868 RED BOXES: Break above 2916 for 2920, 2925, 2929, 2933 and 2941 in extension of the move Break below 2900 for 2885, 2876, 2870 and 2868 in extension of the move Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
8
GOLD → Local downtrend, price under bearish pressureFX:XAUUSD has been strengthening since Friday. Standard reaction to the false break of the support at 2834. Price is still in a selling zone and heading for resistance before a possible pullback to the downside. The $ has strengthened strongly over the past week and looks poised to continue its rise, but it all depends on the tariff war, economic risks and regulatory policy in the US. Markets are reacting to attempts to regulate the war in eastern Europe. Ahead are Fed statements and US economic data. On 4H, gold is trading flat 2881 - 2834. Below 2881 gold is under bearish pressure (selling zone). But, due to the liquidity created in the 2878 - 2881 area, gold may test the area of interest before returning to the downside. Resistance levels: 2869, 2877, 2881 Support levels: 2859, 2834 At the moment consolidation is forming below 2869 (0.5 fibo) after a false breakdown. If the bears keep the price under the level, the decline may start earlier. We also have another trigger - 2859. A breakdown of this support will trigger a sell-off and liquidation, which may lead to a fall to 2834. Regards R. Linda!
FX:XAUUSDShort
by RLinda
9
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Yesterday we [posted the potential range we expected price to play today with the key level below 2895 and the resistance level 2920 which we said needed to break and hold to go higher. As you can see, we dipped into the lower level following the hotspots and traders got the opportunity to take the long confirmed by the red box and indi. Again, with NFP looming, we're expecting more ranging and choppy price action so we'll extend the range with the key level below 2910 which needs to break to go lower, otherwise, the resistance above this time stretches us into 2930-35! We're going to take it easy now and prepare for NFP for which the report will be published tomorrow just before the release. For now, bias levels have worked well this week, all targets completed, the range treated us well, got the low and another long, not much more work to be done on gold. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
9
Gold (XAU/USD) Bearish Setuphello guys. Let's analyze gold! Broken Trendline : The chart shows a previously strong uptrend that has been broken, signaling a potential shift in market structure. The price failed to sustain itself above the trendline, leading to a retracement. Key Resistance and Potential Breakdown: The price is currently hovering around the $2,903 level. There’s a highlighted support/resistance zone just below this level. The annotation suggests that if this area is broken to the downside, a short trade opportunity arises. Bearish Structure Formation : The price has made lower highs after the initial breakdown of the trendline, indicating weakening bullish momentum. The expectation is that if the price breaks the immediate support, it could continue downward. Target Zone: The projected move suggests a drop toward the next major support zone around $2,820–$2,800, where buyers might step in. ------------------------- Trading Plan Consideration Short Entry: If the price breaks below the marked zone (around $2,880), confirming bearish momentum. Stop-Loss: A safe stop would be above the recent highs near $2,920–$2,930. Take Profit: Around the $2,820 zone, where the next major support lies. ------------------------- Conclusion Gold’s price action suggests a bearish setup if support breaks. Traders should watch for confirmation before entering short positions. However, if the support holds, a bullish rebound could still be possible.
OANDA:XAUUSDShort
by melikatrader94
18
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Yesterday we wanted price to attempt that lower region and give us a reaction as shown on the chart which it did just shy off early session, giving traders the opportunity long from the circled region. We published the daily bias pre-NY and the target levels for the wider community and what a move we got. A pin point tap and bounce from the bias level giving gold the momentum it needed to complete the bias target levels and the Excalibur target levels. For now, due to NFP around the corner, we would expect price to start the pre-event price action in the coming sessions, resulting in choppy and whipsawing price action that will lead to spikes in either direction. We have support below 2903 which if broken early session can lead to a further decline into the 2885 region before a reaction, while resistance above 2920 needs to hold us down. We will insist traders please take it a little lighter on the markets now due to NFP, we've had a lot of action already, no need to get ourselves into situations leading up to the release. From Camelot this morning: KOG’s Bias of the day: Bullish above 2895 with targets above 2925✅, 2930✅ and 2933 above that Bearish on break of 2895 with targets below 2878 RED BOXES: Break above 2925 for 2930✅, 2937 and 2941 in extension of the move Break below 2916 for 2910✅ and 2907✅ in extension of the move KOG’s bias for the week: Bullish above 2847 with targets above 2865✅, 2871✅, 2876✅, 2880✅ and above that 2904✅ Bearish below 2847 with targets below 2840, 2835, 2830 and below that 2810 RED BOXES: Break above 2860 for 2865✅, 2872✅, 2874✅, 2885✅ and 2900✅ in extension of the move Break below 2847 for 2840, 2836, 2831, 2823 and 2810 in extension of the move As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
9
GOLD - Price can correct to support level and then start to growHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 The chart shows how the price rose in a rising channel, reaching the $2925 level before breaking it. Then it touched resistance line of channel and made correction to $2925 level, where it some time traded. After this, price moved up and then started to decline inside a triangle, where it soon exited from channel. Next, price broke $2925 level and declined until to support line of the triangle, breaking $2880 level too. But soon, Gold made strong movement up, breaking $2880 level and rose to resistance level, after which it corrected. Now, I think that XAU can exit from a triangle, fall to support level and then start to grow to $2940 If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDLong
by WalterMoon
7
THE KOG REPORT - NFPTHE KOG REPORT – NFP This is our view for NFP, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price. Firstly, we would suggest traders stay away from this NFP altogether, the markets are very delicate and moving to extreme levels not only on Gold but most forex pairs. For that reason we’ll keep it simple and look at the key levels together with the structure formed. We have the higher resistance level here which is the previous order region 2930-35 which looks to be a potential region price may want to attack if they want to continue this move upside, above that is the extension of the move around 2945-55. Price needs to stay below this level, If we can reject and not break above these levels, an opportunity to see the market correct may be available back down in attempt to break 2900 level. On the flip, if they push price downside, we’ll wait, the range needs to be broken, price should want to retest the flip and then continue the move, that’s when we can start using the red boxes to target those lower levels and potentially look for the swing low from the circled hotspot. As above, keep it simple, the trade comes after the event and most accounts are blown during these events due to traders using large lots on small accounts attempting to capture the volume driven candles. Unless you’re already in and protected, the swing in the opposite direction can cause huge problems to less experienced traders. RED BOXES: Break above 2930 for 2934, 2940, 2944 and 2955 in extension of the move Break below 2910 for 2903, 2895, 2890 and 2879 in extension of the move Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
8
GOLD ROUTE MAP UPDATEHey Everyone, Great start to the week with our chart idea off to a flying start and playing out as analysed. We got our Bullish target hit at 2872 with a further cross and lock opening the range above, which has already given a nice push. We secured our pips and a nice clean finish to the day. We will now look for the gap above to complete and then look for a further cross and lock to confirm a continuation or a failure to lock above will follow with a rejection to test lower Goldlturns for support and bounce. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2872 - DONE EMA5 CROSS AND LOCK ABOVE 2872 WILL OPEN THE FOLLOWING BULLISH TARGET 2901 EMA5 CROSS AND LOCK ABOVE 2901 WILL OPEN THE FOLLOWING BULLISH TARGET 2921 EMA5 CROSS AND LOCK ABOVE 2921 WILL OPEN THE FOLLOWING BULLISH TARGET 2950 BEARISH TARGETS 2846 EMA5 CROSS AND LOCK BELOW 2846 WILL OPEN THE FOLLOWING BEARISH TARGET 2820 EMA5 CROSS AND LOCK BELOW 2820 WILL OPEN THE FOLLOWING BEARISH TARGET 2796 EMA5 CROSS AND LOCK BELOW 2796 WILL OPEN THE SWING RANGE SWING RANGE 2778 - 2753 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
16
Gold’s Next Move: A Pullback Before the Breakout?🔵 Current Market Overview: Gold in Consolidation Gold has been consolidating in a tight range following a strong bullish impulse, as seen in the highlighted zone on the chart. This phase of sideways movement suggests that the market is gathering momentum before the next major move. Consolidation typically occurs when buyers and sellers are in temporary equilibrium, and a breakout or pullback often follows. Despite this consolidation, gold remains fundamentally strong, largely due to macroeconomic factors and global uncertainties. The demand for gold as a safe-haven asset has been increasing, which has contributed to its strong performance. However, before continuing higher, gold might seek liquidity at lower levels, triggering a retracement before the next leg up. 📉 Technical Analysis: Why a Pullback is Likely 🔹 Key Levels to Watch Support Line – A rising trendline acts as a strong dynamic support level, aligning with potential retracement zones. Golden Pocket Zone (0.618 - 0.65 Fibonacci Retracement) – A historically significant level where price often reverses. Local Resistance (Consolidation Range) – The price is struggling to break out of this range, indicating that liquidity may still need to be gathered at lower levels. 🔹 Expected Price Action Gold is currently consolidating, meaning price is moving sideways after a large bullish impulse. A retracement towards the golden pocket and trendline support is a high-probability scenario before gold resumes its uptrend. Once the price reaches this zone, we can anticipate a strong bounce if buyers step in, aligning with the overall bullish momentum in the market. 🔹 Confluence Factors Supporting This Setup Trendline & Fibonacci Alignment – The golden pocket overlaps with a key trendline, adding extra support. Liquidity Zones – Large players often push price lower before a continuation to shake out weak hands. Market Structure – A classic bullish retracement before continuation upwards. ⚡ Fundamental Strength of Gold While technical analysis points to a short-term retracement, the broader macroeconomic landscape supports gold’s long-term strength. 🌍 Key Fundamental Factors Driving Gold’s Strength Global Economic Uncertainty – Ongoing geopolitical tensions, inflation concerns, and central bank policies are increasing demand for safe-haven assets like gold. Inflation & Interest Rates – Central banks’ policies regarding interest rates significantly affect gold. With concerns about inflation still present, gold continues to attract investors looking for stability. Stock Market Volatility – As riskier assets experience turbulence, gold remains a favored hedge against economic instability. Institutional Demand – Central banks and large financial institutions have been increasing their gold reserves, adding to its bullish outlook. Given these factors, gold’s long-term trajectory remains bullish, but short-term pullbacks are a natural part of market movement. ✅ Trade Strategy & Execution Plan 🔹 Entry Plan Wait for price to retrace into the golden pocket zone (0.618 - 0.65 Fib retracement) before entering a long position. Look for bullish confirmation signals such as reversal candlestick patterns (hammer, engulfing, etc.), increased buying volume, or RSI divergence. Consider a staggered entry approach, scaling into the trade as confirmation builds. 🔹 Risk Management Stop-loss placement: Below the golden pocket and key support levels to allow room for volatility while protecting capital. Position sizing: Risk no more than 1-2% of your capital per trade. Potential invalidation: If price breaks below the golden pocket zone and fails to recover, reconsider the setup. 🔹 Take-Profit Targets First target: Recent highs around $2,920 - $2,930 Second target: Potential breakout above $2,950+ if bullish momentum continues. Final target: Depending on momentum and market conditions, gold could push towards new all-time highs. Conclusion: This trade setup presents a compelling opportunity for a high-probability pullback and bounce trade. Gold remains fundamentally strong, but a short-term retracement to a key technical level is likely before resuming its uptrend. By waiting for price to reach the golden pocket and support zone, traders can position themselves for a high-reward trade with a favorable risk-to-reward ratio. As always, proper risk management is essential to navigate market volatility effectively. __________________________________________ Thanks for your support! If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀 Make sure to follow me for more price action insights, free indicators, and trading strategies. Let’s grow and trade smarter together! 📈
CAPITALCOM:GOLDLong
by TehThomas
13
GOLD Daily Analysis: Is This the Start of a Deeper Correction?OANDA:XAUUSD is moving inside a clear ascending channel, with the upper boundary acting as long-term resistance and the lower boundary providing dynamic support. Price has been respecting this channel, with multiple touches on both the upper and lower boundaries, reinforcing its structure. Recently, the price formed a double top near the upper boundary, a classic reversal signal suggesting bullish exhaustion. If the price continues to hold below this level, it could lead to further downside. The next major support is around 2,780 , which aligns with a previous support level and also falls within the golden pocket on the Fibonacci retracement, making it a significant area for a potential reaction. However, if the price reclaims the double-top region and pushes above recent highs, it would invalidate the bearish outlook and suggest another attempt to break the channel’s upper boundary. For now, the structure remains bearish, with 2,780 as the main downside target.
OANDA:XAUUSDShort
by TrendDiva
18
THE KOG REPORT - Update End of day update from us here at KOG: We wanted to see the breakout but this doesn't seem sufficient enough as yet. Earlier in the session we got the bounce from the bias level giving traders a decent capture but not completing the bias level target. We then continued to complete the move downside which has worked well completing our first target and the hotspots where we got another bounce. Now we have support at that extension level 2880-85 and resistance at 2895 which could be a possible target level for any retrace at the moment. The range is still in play, unless we engulf further downside we'll see this continue tomorrow leading up to the news releases on Weds and Thurs. KOG’s Bias for the week: Bullish above 2898 with targets above 2920, 2934 and above that 2945 Bearish on break of 2898 with targets below 2895✅, 2880✅, 2874 and below that 2868 RED BOXES: Break above 2916 for 2920, 2925, 2929, 2933 and 2941 in extension of the move Break below 2900 for 2885✅, 2876, 2870 and 2868 in extension of the move As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
5