BUY Gold @ 2632.50We will place a BUY at 2632.50, with a stop loss at 2628.50. Our profit target for this trade is 1.5 times the risk, set at 2638.50.Longby RAHA-Captial2
GOLD ROUTE MAP UPDATEHey Everyone, A PIPTASTIC finish to the week!!!! Yesterday we got the swing range activation and caught a nice move up but the full swing range was not compete. This followed with another test on the swing range allowing us to catch the move again, inline with our plans to buy dips. The full move into 2630 completed the full swing today, catching over 400 pips. We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead. Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX by Goldviewfx2121147
Gold (XAU/USD): Key Levels and Trading Opportunities Gold (XAU/USD) remains a favorite among traders due to its characteristic volatility and safe-haven appeal. Currently, the chart indicates a potential breakout scenario, as the price approaches a critical resistance level following a steady ascent from support zones. Chart Breakdown Support Zone: The primary support zone lies between $2,590 and $2,620, an area where buyers have consistently stepped in to defend prices. Resistance Levels: The immediate resistance is at $2,640, where price is currently testing the breakout level. If cleared, the next significant resistance lies around $2,670, with a potential rally toward the $2,700 zone, a level that aligns with recent highs. Potential Scenarios Bullish Case: A breakout above $2,640 could open the door to further upside, targeting $2,670 as the first milestone and $2,700 as a secondary target. The ascending trendline further supports bullish momentum, providing dynamic support. Bearish Case: A failure to breach $2,640, combined with selling pressure, could see prices revisiting the $2,620 support zone. A breakdown below this level could send gold back toward $2,590 or even lower, around $2,550, where a stronger demand zone is evident. Trading Plan Bullish Setup: Entry: Above $2,640 with confirmation of a breakout. Target 1: $2,670 Target 2: $2,700 Stop-Loss: Below $2,620 Bearish Setup: Entry: Below $2,620, especially if the ascending trendline breaks. Target 1: $2,590 Target 2: $2,550 Stop-Loss: Above $2,640 What’s your outlook on Gold? Will it break higher, or is a retracement imminent? Let’s discuss in the comments below! 📈📉 ⚠️ Disclaimer: This blog is for informational purposes only and does not constitute financial advice. Always perform your own analysis before trading. 💡 Like, Follow, and Share to stay updated with the latest chart insights and trading strategies. Let’s conquer the markets together! 🚀by niveshIQ5
different between OB without inducement and OB with inducement different between OB without inducement and OB with inducement by Ale_smc_825
2606 support and 2654 resistance2606 support and 2654 resistance possible because Russia and Ukraine war continues and escalate with new long-range weapon by salvanostUpdated 1
XAUUSD potential sell-to-buy setupHere at Burnt Candle we are expecting the price of XAUUSD to rise, however, we would first like to see price drop before the push upwards.Shortby Burntcandle_mUpdated 223
XAUUSD Price Breakout Next Target 2660 XAUUSD Gold Once again Grow Based on the market Condition From Last Days Price will Break From 2610 Then fallow the Market Condition Then Expected Next Target 2660 To Buy Side. If You Are Trading or monitoring gold Prices keep eye on The Market interest Rates and Geopolitical events can heavily influence gold Prices. Rate Share your Idea What's Going On Thanks.Longby FxJennefirUpdated 113
Be brave and go long on goldBros, as mentioned in my last article, I advocate going long gold when it comes to short-term trading. Although gold fell again after touching 2631, even though the initial jobless claims data was bearish for gold, gold only retreated to 2621 and did not continue to fall. Therefore, gold has shown strong resistance to falling, which will attract more buying funds to support gold's upward movement. And I also said in the last article that gold broke through the highest point of the previous trading day during the upward process, showing the effectiveness of the upward breakthrough to a certain extent, so gold is likely to continue to rise and test the 2640-2650 area. Friends who have already followed me already know that I bought gold near 2625 and 2622 respectively, and now I just need to wait for gold to take off. Brothers, are you long gold like me? 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!Longby Trader_MarvinUpdated 11
12.23 Technical Analysis of Gold Short-term OperationsLast week, the gold market opened at 2650.3 at the beginning of the week, then rose slightly to 2664.7, then fluctuated and fell. The weekly line reached a low of 2582.6, then rose at the end of the trading day, and finally closed at 2622.8, and then the market closed in a hammer-like pattern with a long lower shadow. After this pattern ended, the weekly line was rubbed and consolidated. In terms of points, today's decline to 2610, stop loss at 2600, and the target is 2635 and 2640.Longby AIan_GoldUpdated 113
GOLD FURTHER SELL OFF?! (UPDATE)Gold has started the week off by dropping lower, which is what we want to see. Flat correction + Wave 2 correction complete, which means Wave 3 sell's are in full effect. Any push higher on Gold, use it to your advantage & open further sell positions📉Shortby BA_Investments6
Xauusd sell On the flip side, the $2,616-$2,615 region that is deemed as a pullback area, or the 23.6% Fibo. level could offer immediate support. This is followed by the $2,600 round-figure mark, below which the Gold price could retest the monthly swing low, around the $2,583 zone touched last week. Some follow-through selling will be seen as a fresh trigger for bears and set the stage for deeper losses in the near term. Gold now sell 2613 Target 2590 Shortby JohnHarry_7Updated 9
XAUUSD 99% confirm Gold (XAU/USD) is trading with a moderate positive tone on Friday following the sharp sell-off earlier this week. Cooler-than-expected US Personal Consumption Expenditures (PCE) Price Index data on Friday has increased selling pressure on the US Dollar, although the precious metal is struggling to put a significant distance from the one-month lows hit this weekPCE Inflation has increased 0.1% in November, against expectations of a 0.2% increment. The yearly rate accelerated to 2.4% from the previous month's 2.3% reading, still below the 2.5% anticipated by the market consensus. Likewise, the Core PCE eased to 0.1% from 0.3% in October while the yearly inflation remained steady at 2,8% against market expectations of an uptick to 2.9%from heavily oversold levels. The broader trend, however, remains bearish. The pair is struggling to find acceptance above $2,600 and the Relative Strength Index (RSI) in the 4-hour chart remains flat at levels below the 50 threshold, highlighting the bearish momentum. Immediate resistance is at the $2,605 intra-day high, with the key resistance area to challenge the bearish trend at the $2,625-$2,630 area (November 28, December 2 lows). On the downside, supports are at Wednesday’s low at around $2,580, ahead of November’s trough at $2,540. Shortby KingForex078Updated 7
XAUUSD . market target 2622 entry point 2634 stop loss 2642Here's a summary of your updated trade plan for XAU/USD (Gold/US Dollar): Trade Plan 1. _Target_: $2622 2. _Entry Point_: $2634 3. _Stop Loss_: $2642 Your plan indicates a bearish outlook, expecting the gold price to drop from the entry point to the target. Key Considerations 1. _Risk Management_: Ensure you're managing risk with proper position sizing. 2. _Market Conditions_: Monitor market conditions, including economic indicators, geopolitical events, and technical analysis. 3. _Trade Adjustment_: Be prepared to adjust your trade plan if market conditions change. Would you like me to provide current XAU/USD market data, analysis, or insights?Shortby Stevenexpert4
Gold on sellGold in selling activation ,pressure we took bearish confirmation after the rejection on 2630 area.Shortby Forexmaestro1213
12.26 Gold short-term operation analysis strategyThe market opened at 2610.6 in the morning of the previous day and then the market rose directly. The daily line reached a high of 2621.6 and then the market fell rapidly. The daily line reached a low of 2609.7 and then the market rose in the late trading. The daily line finally closed at 2616.7 and the market closed with a small positive line with a long upper shadow line. After this pattern ended, it rose first today and gave a short stop loss of 2630 at 2635. The targets below are 2615, 2607 and 2603Shortby AIan_GoldUpdated 335
XAUUSD - 15m | SELL SELLSimple trading - Wyckoff Event This is an extremely short-term pattern, and there is not much to explain here. Other than this, the pattern/event happens when the market makes a big dip and starts to consolidate. AKA "accumulation phase" Expect the market to fall back down to the previous support area 2595-2585. After this fall the market should reject support and continue its bullish trend to ATH Shortby nikdobii1
Daily Analysis of Gold Ounce to USD – Issue 177The analyst believes that the price of { XAUUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend. Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.Shortby MoonriseTA3
12.26 Gold Trend Trading Strategy 🎈Currently, spot gold is trading sideways at a high level, and the current price is 2617 US dollars/ounce. The support and pressure levels are high selling short and low buying long. The pressure level is 2633 and the support level is 2600. On Monday, gold opened at a low level in the Asian morning, and tested the support of the 2608 area. On Tuesday, it opened again in the 2613 area, indicating that the support below is strong. The support area is still bullish. Focus on the upper 2626 and 2633 points. The retracement is also expected. Without the retracement, the bulls can't go far. Due to the Christmas holiday, the bulls have no strength during the day and return to the range of shocks.🔴 🎈There are two scenarios for tomorrow's opening: The first scenario is that the Asian morning session directly jumps up and opens above 2620, and then rises sharply in the morning session, breaking through 2626 and then trading sideways in the 2633 area. The European session exerts force again, directly breaking through 2633, and continues to rise to 2642. After the US session retests around 2633, the bulls exert force three times to directly probe above 2650. In terms of operation, hold the long orders in hand, break through 2626 and 2633 tomorrow and continue to go long. The first time it touches 2642, go short, and look at 2635-33. The US session retests around 2633 and directly goes long again, looking above 2650!🔴 🎈In the second case, the Asian market opened at a normal high in early trading. After a small retest of the 2613 area in the morning, it rose directly to the 2642 area in the early trading. The European market fluctuated and consolidated above 2633. The bulls in the US market made a second effort and broke through the 2650 area again.🔴 🎈Gold strategy: Go long when gold retests near 2613, target 2642, 2650, 2664; go short if 2642, 2650, 2664 are given for the first time; go long in batches if 2610, 2607, 2601 are given; more real-time layout is subject to the actual market;🔴 🎈The difference between these two situations is whether it opens with a gap or opens at a normal high, which determines the strength of the bulls and how far they can go. If it opens with a gap, the strength of the bulls basically stops at the 2650 area, and if it opens at a normal high, the expected limit of the bulls can be seen in the 2670 area!🔴Longby Caesar_Gorman01Updated 2
XAUUSDDAILY FBG ID FILLED, EXPECTED TO BREAK LOW. www.youtube.com SUSCRIBE TO MY CHANNEL FOR LIVR TRADING.Shortby shivrajshah661
GOLD TO $3000/OZ (after correction ofc)After my previous optimistic idea, here’s a scenario that seems much more likely! Now I can also see that gold needs a little break before it can head towards the $3000+ target price! I think the $2500 avg. price level is a very good entry point before the first wave of the fifth wave begins.Longby ichangeyourmind2
Gold sell Now Guy's Gold Market has increased the volume of sell, now the market will come in sell. Guy's Gold Market has increased the volume of sale, now the market will come in saleLongby Ictking091
GOLD WE TRY AGAIN SCALPING TODAY, YESTERDAY NO VOLUME Today FORECAST on GOLD Opportunity for GOLD. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR). Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.Longby TREND-TITAN1
Gold above Buying zoneFundamental analysis: Despite the strong Bullish candle sequence on DX, Gold remains Neutral-Bullish and above my Support for the day as U.S. session is approaching and recession fears resurfacing. However, #2,622.80 - #2,627.80 is new / old Support zone made by the Hourly 4 chart’s candlestick configuration. Gold is still not pulling back again after it failed to break above it’s Higher High’s Upper zone on the Hourly 4 chart. Still I haven’t got confirmation for Short-term Buying opportunity and it is still not worth entering the market without tight Risk management (all correction attempts are rejected due Fundamental Buying pressure). Monday’s session Wall Street opening Bell can have Bullish impact also on DX, hence Bearish for Gold. My Selling bias is unchanged as I will treat Bullish spikes as an oscillation from Overbought to Neutral (Williams%), which may create new space for aggressive Bearish takedown. Gold is extending the sideways action, following the continuation of the former Hourly 1 chart’s Ascending Channel, as Bond Yields and DX on gains for the #2nd straight session (still however market didn’t returned to normal Trading conditions), current environment is Gold friendly (recession fears, safe-havens such as Gold are in High demand, hawkish Fed stance). Spot how Gold's strong Selling level of the #2,622.80 is far from fair symmetrical manner with disastrous side Swings on Bond Yields and DX as my strongest correlation so far, but currently both assets are on Short-term uptrend while Gold is as well soaring (however only on Short-term). Technical analysis: No changes so far on the Daily perspective (Gold is Trading within my model) as today’s session E.U. opening didn’t delivered any significant move towards any Buying or Selling pressure point /confirmation, even though Fundamental numbers throughout Friday’s session met the forecast and delivered relief for Gold Buyers, DX on a Fundamental surprise, delivered full bodied green candle. The Price-action remains Neutral above the Hourly 4 chart’s Support zone of #2,622.80 - #2,627.80 and below the #2,638.80 - #2,642.80 Resistance zone fractal so use mentioned zones as your Intra-day pointers. It is Natural that Price-action found both Sellers and Buyers as RSI hit the Neutral zone, and with the absence of macro-economic catalysts, strong Volatility is expected, and don’t be surprised if you see thin Volume throughout today’s session. As the market is waiting for a catalyst, I see no alternative under such a Neutral setting but to maintain my breakout strategy and watching closely DX, to carefully issue my next move. If however #2,645.80 breaks, Price-action will be calling for upside extension, where #2,622.80 break can open doors for #2,600.80 benchmark and #2,592.80 configuration sequence. Otherwise, Volatility will be on the main stage. I do believe Selling pressure is still present on market so take that into consideration prior to positioning. Shortby goldenBear88227