Gold 1H Intra-Day Chart 18.12.2024Here is what I am looking for next;
Option 1: Gold keeps dropping in its bear trend. Our target is $2,580. You can see the zig zag move Gold is creating. We saw a break below + retest so should continue now.
GOLDCFD trade ideas
XAUUSD GOLD Sell SideGo Through the This Analysis The Gold Price will Moved in Sell Side.
Current Price will Moveing Between 2605 to 2607 if The Price will Breakout from There We see Price will High and Bearish Setp Traders.
Resistance Zone 2610
Support Zone 2580/2570
You Can See More Details in the Chart PS Support with like and Comments for more Insights.
Short gold after hitting 2635-2645 areaBrothers, we went long on gold near 2591 yesterday and closed the long position near 2607 this morning, making a profit of 160 pips easily, which is a very good trading result.
After closing the long position, I originally planned to wait for gold to fall back and continue to go long on gold in the 2595-2590 area, but after I closed the order, gold has been fluctuating in the 2607-2600 area, and did not give me the opportunity to go long on gold again. So it's a pity that I missed this time when gold continued to rebound.
At present, gold has reached around 2628, and the increase has not exceeded my expectations. I think gold may even continue to rebound to the 2635-2645 area. However, if gold touches this area for the first time, I think there will be an opportunity for gold to fall back to build up momentum and extend its effect.
So, if gold touches the 2635-2645 area as expected, I will choose to short gold once!Bros, will you choose to short 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!
XAUUSD TECHNICAL ANALYSIS hello traders. what do you think aout gold market.
current price. 2611
after being hit by news event market is trying to stabilize itself and at this position a strong retracement is expected.
key points.
supporting areas. 2604, 2595
demand zone. 2620, 2635
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Gold harmonic patterns and chordsKey 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.
Sorry, I've already sold it!All candles have rejected 2660 position which indicates a strong bearish retracement. currently market is working below its resistance and is about to drop. its first target will be 2633 and after breaking out this position its next target will be 2615.
Key Points:
Resistance: 2665, 2673
Supporting Areas: 2633, 2615
Note:
1st Target: 2633
2nd Target: 2615
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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XAUUSD BUY ANALYSSHello dear viewers today i am here to share my todays gold analysis, as you can see support zone , there are more chances of gold that it can fly high and high from the support zone if it dont break the support zone and if it break the support zone then dont buy gold.
KEY POINTS
ENTRY AND SUPPORT ZONE 2640/42
TARGET 2664
STOP LOSS 2630
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DROP YOUR IDEAS
XAUUSD- Don't hesitate, we should sellDouble Top Formation:
A double top has been identified near the $2,675-$2,680 level, signaling a potential reversal from the bullish trend.
Broken Channel:
The previous upward channel has been broken, indicating a shift in market structure and possible bearish momentum.
Two Scenarios Outlined:
First Scenario (Blue Path): The price may consolidate or retest the $2,630-$2,640 range before resuming its downward trend toward $2,578.
Second Scenario (Red Path): A bullish retracement toward the $2,675-$2,680 resistance zone is possible, followed by a reversal and significant decline.
Support and Resistance Levels:
Resistance: $2,675-$2,680 (critical zone for the second scenario).
Support: $2,629 (short-term) and $2,578 (major support).
Outlook:
The bias appears bearish due to the broken channel and the double-top pattern. Confirmation of either scenario depends on price action near the outlined key levels.
Gold in sellNow we got 4hr confrmation on day 1st sell zone this is the analysis
We need 15mins reverse point confrmation for scalp buy
Gold in sellNow we got 4hr confrmation on day 1st sell zone this is the analysis
We need 15mins reverse point confrmation for scalp buy
Stick to buying gold on dipsBros, during the second pullback, gold touched the 2639 level but failed to decisively break below it. Clearly, the bullish structure of gold remains intact. In fact, as long as gold holds above 2635, it indicates that the bulls have not entirely lost control.
I believe this pullback is merely a healthy correction within the broader uptrend, serving as a consolidation phase. Once gold stabilizes, it is likely to resume its upward trajectory. If gold can rebound above 2645 in the short term, bullish momentum will undoubtedly gain further strength, reinforcing the bullish signal.
Therefore, I see this short-term pullback as an excellent opportunity to accumulate gold at discounted levels. Let’s use this retracement to build positions at favorable prices, and once gold rebounds, it may deliver surprising and exceptional returns!
Bros, are you optimistic about the rebound of gold? 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!
Moustafa! Gold towards 2600!!* Broke the uptrend line already
* Will go 2600 regardless any bullish retrace
* you would find strong resistance at 2630 though
Note:
My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help.
I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.
XAUUSD Sells - 1/3/25Yesterday, I gave a gold analysis of anticipating price to reach into a Daily FVG in Premium zone and drop from there. I executed sells during NY AM Session this morning to target previous daily lows. I will most likely be expecting more sells next week, however I will be cautious due to NFP.
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
A decent end to the week with our plan working near perfectly, capturing the low, taking the move up and then managing to get a nice entry for the short to end the first trading week of the year. Bias levels worked well as well as the red boxes with nearly all targets completing.
We would now like to see a potential RIP around the lower support level unless broken, with resistance sitting at 2645-50. Unless we get a late session move, we may see some ranging into the close so for us, that's the week done and dusted.
KOG’s Bias for the week:
Bearish below 2640 with targets below 2610✅, 2604✅, 2596✅ and below that 2580
Bullish on break of 2640 with targets above 2655✅ and above that 2665✅
RED BOXES:
Break above 2625 for 2630✅, 2635✅ and 2638✅ in extension of the move
Break below 2613 for 2604✅ , 2597✅ , 2592 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
We'll be back on Sunday with the KOG Report and our view for the week ahead.
Wishing you all a great weekend, as always, trade safe.
KOG
LONG XAUUSD NOW !!Xauusd can go up to 2648$ from 2639.5$ now!!
90pips benefit is waiting for you tonight !
Long now and enjoy.
With us, be aware and relax
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone,
Great finish to the week with all our chart ideas playing out, as analysed.
The retracement range provided support on this 1h chart idea for the bounce clearing 2617 and 2639, which then followed with cross and lock opening 2666, which was tested today completing this range. No cross and lock above 2666 confirmed the rejection we are seeing now.
BULLISH TARGET
2639 - DONE
EMA5 CROSS AND LOCK ABOVE 2639 WILL OPEN THE FOLLOWING BULLISH TARGET
2666 - DONE
BEARISH TARGETS
2617 - DONE
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
GOLD Analysis GOLD Analysis 🪙
Look for more sideways consolidation this month... before move down to...
Target 🎯 $2468
Around 2nd Week of February (Feb 11th)
XauUsd, Friday 03 January 2025XauUsd is in a bullish trend and has already made a correction. Long positions can be opened at 2644 and at 2625 with a profit taking target of 2710 with stop loss in 2680.
Enjoy trade
Gold 4H ideaHappy new year all of you. This is a first analysis in 2025. Trend now turned to up side. Good luck
Gold's Drop Before RiseGold to drop to 2623 and form harmonic pattern that will catapult it to to 2740.
Gold Price Surge: Key Trading Zones UnveiledFXOPEN:XAUUSD Gold Price Surge: Key Trading Zones Unveiled
Analysis:
Chart Description: The chart shows the price movement of CFDs on Gold (US$/OZ) on a 1-hour timeframe. The current price is $2,653.640, with a slight decrease of 5.600 (-0.21%). The chart includes several technical indicators and levels, such as Fibonacci retracement levels, support and resistance zones, and volume indicators.
Price Action Analysis:
The price has been in an uptrend, as indicated by the series of higher highs and higher lows.
There is a significant resistance level around $2,660, which the price recently tested and slightly retraced from.
The support levels are marked around $2,639.140, $2,636.510, and $2,633.290.
Smart Money Concepts (SMC):
The chart shows areas of liquidity and order blocks, with grey zones indicating potential areas of interest for institutional traders.
The price recently broke above a consolidation zone, indicating a potential continuation of the uptrend.
ICT Elliott Wave Analysis:
The recent price movement can be seen as part of an impulsive wave, with the current retracement potentially being a corrective wave.
Fibonacci retracement levels (0.382, 0.5, 0.618, 0.705, 0.786) are used to identify potential reversal points.
Indicators:
The Relative Strength Index (RSI) is above 50, indicating bullish momentum.
The volume histogram shows increasing buying pressure, supporting the bullish outlook.
Buy Strategy:
Entry: $2,642.26737 (near the 0.618 Fibonacci retracement level)
Take Profit 1 (TP1): $2,649.23763 (0.382 Fibonacci retracement level)
Take Profit 2 (TP2): $2,654.7525 (0.5 Fibonacci retracement level)
Stop Loss (SL): $2,639.697825 (below the 0.705 Fibonacci retracement level)
Sell Strategy:
Consider selling if the price fails to break above the $2,660 resistance level and shows signs of reversal.
Entry: Below $2,660 with confirmation of bearish signals (e.g., bearish candlestick patterns, RSI divergence)
Take Profit 1 (TP1): $2,653.640 (current price level)
Take Profit 2 (TP2): $2,642.26737 (0.618 Fibonacci retracement level)
Stop Loss (SL): Above $2,660 resistance level
This analysis provides a comprehensive view of the gold price movement using multiple trading strategies and indicators, offering clear buy and sell signals for traders.
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