Gold1) A symmetrical triangle breakout 2) previous trend break Order type : Buy Stop EP : 2728.30 SL : 2583.68 TP : 2872Longby SohailChaudhary1
Yesterday Buy Trade Target HitDid you Remember I said zBuy gold From 2660 and my target is 2680 now going to hit almost 170 Pips already done enjoy ready for new NFP Target 🎯Longby FxGenusking1
BUY XAUUSD Hey guys I just got in for a Gold buy if you check my 2 posts you will see I’ve been waiting for something like this and now it clicked and I’ve executed let’s see how it goes and is my first trade for the year….Longby THATGUYMAZINO1
Daily Analysis- XAUUSD (Friday, 10th January 2025)Bias: Bullish USD News: None Analysis: -Strong bullish closure on daily -Waiting for a retest on previous daily structure low -Looking for BUY if there's confirmation on lower timeframe -Pivot point: 2650 Disclaimer: This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.Longby HM_fxtrading1
XAUUSD Analysis Ahead of NFP News: Key Levels to WatchKey Levels to Watch on XAUUSD Support Zones: Gold is currently trading above a critical support level at $1,920. This zone has proven resilient in recent sessions, reflecting strong buyer interest. If prices breach this level, we may see a move toward $1,900, a psychological barrier for many traders. Resistance Zones: On the upside, the immediate resistance is around $1,950, a level tested earlier this week. A breakout above this could push XAUUSD toward $1,975 or even $2,000, depending on the NFP outcome. Market Sentiment and Expectations Traders are cautiously optimistic, awaiting the NFP report to provide clarity on the Federal Reserve's stance on interest rates. A strong jobs report could strengthen the US Dollar, putting downward pressure on gold. Conversely, weaker-than-expected data might support gold prices as investors seek safe-haven assets amidst uncertainty. The Relative Strength Index (RSI) on the 4-hour chart suggests XAUUSD is hovering around neutral levels, indicating room for movement in either direction. Meanwhile, the 50-day moving average sits comfortably above current levels, signaling bullish potential if key resistance levels are breached. Trading Strategies Ahead of NFP Scalping Opportunities: With volatility expected to spike, scalpers may find opportunities in short-term price swings. Keep an eye on the $1,935 - $1,945 range for intraday setups. Breakout Trades: If XAUUSD breaks above $1,950, a long position with a target of $1,975 could offer solid risk-to-reward potential. Safe-Haven Strategy: In case of a dovish surprise in the NFP data, gold could rally as traders hedge against inflation fears. Watch for a sustained move above $1,950 to confirm bullish momentum. Trending Hashtags and Keywords Hashtags: #XAUUSD #GoldTrading #ForexAnalysis #NFP #TradingStrategy #GoldMarket #ForexTrader #XAUUSDForecast Keywords: XAUUSD analysis Non-Farm Payroll report Gold price forecast Gold trading strategies Forex trading ahead of NFP Final Thoughts As we gear up for tomorrow’s NFP release, the XAUUSD market holds significant opportunities for informed traders. Whether you’re a scalper, day trader, or long-term investor, understanding key levels and market sentiment is crucial. Stay updated, stay disciplined, and prepare for what could be a pivotal day in the gold market. Let us know your thoughts on this analysis in the comments below! What’s your outlook on XAUUSD? Short09:45by GNFOREX-ACADEMY114
Gold H4 | Overlap resistance at 61.8% Fibonacci retracementGold (XAU/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 2,674.08 which is an overlap resistance that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 2,699.00 which is an overlap resistance that sits above the 78.6% Fibonacci retracement. Take profit is at 2,631.36 which is a swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Short02:32by FXCM5
Is it possible for gold to go up?[/b Hi Dears Merry Christmas. Happy New Year in advance. I think gold is in a good position to buy, meaning I think gold will continue to rise in the next two months. I have identified a very important condition for the gold chart, that if the candles can close above that price and stabilize, there is a high probability of gold growth. Focus all your eyes on that price on the chart and after a certain failure, enter a buy trade with confidence. Considering the beginning of the new year, is it possible that the goals I set for gold will come true?Longby hamidreza_FXUpdated 1113
buy tradeDiscretionary Trading Strategy Market Analysis: Fundamental Analysis: Stay informed about economic indicators, news releases, and events that can impact the market. Technical Analysis: Use chart patterns, support/resistance levels, and technical indicators (like moving averages, RSI, MACD) to identify trends and potential entry/exit points. Trade Setup Criteria: Entry Conditions: Determine specific conditions for entering a trade, such as: Price breaking above a key resistance level with strong volume. A confirmed reversal pattern (e.g., double bottom, head and shoulders). Exit Conditions: Set clear criteria for exiting trades: Profit targets based on previous highs/lows or Fibonacci levels. Trailing stops to lock in profits as the price moves favorably. Risk Management: Position Sizing: Calculate position size based on your risk tolerance (e.g., risking no more than 1-2% of your capital on a single trade). Stop Loss Placement: Set stop losses based on volatility (e.g., below recent swing lows for long trades). Discretionary Execution: Use your judgment to enter trades based on the overall market context and your analysis. Be flexible and adapt to changing conditions. Consider both technical signals and the current market sentiment when making decisions. Review and Adaptation: Keep a trading journal to track your trades, decisions, and their outcomes. Review your performance regularly to identify strengths and weaknesses. Adapt your strategy based on what you learn from each trade. Psychological Discipline: Develop emotional control to stick to your strategy. Avoid impulsive decisions based on fear or greed. Practice patience and wait for high-probability setups instead of forcing trades. Final Recommendations Continuously educate yourself on market behavior and trading strategies. Consider using simulations or backtesting to refine your discretionary approach without risking real capital. Feel free to ask for more specific insights or additional components to include in your strategy!Longby SOPHIA_06Updated 8
Gold is ready to big fall opportunity Xauusd sell 2720 strong sell zone 2720 to 2680 is full safe mode gold Market is surely falling soon Target 2680 Longby Fx_Oliviaa115
After completing the rising wedge? RISING WEDGE completely accomplished now its time to move down ❗️ You can put your Stop-loss 70 pips And start layers from that point we are expecting makret will respect its Resistance level 👏 #XAUUSD #XAUUSDGOLD #forex Shortby professionaltradersfx2
GOLD approaching key short-term resistance. What's next?Gold is moving in the upwards direction, despite the higher US CPI reading, which benefits the US dollar. However, there is a possibility that the higher inflation reading was already priced in and maybe this could lead to slower upside pace for the US dollar. Let's dig in... TVC:GOLD TVC:DXY MARKETSCOM:GOLD MARKETSCOM:DOLLARINDEX RISK DISCLAIMER 74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.06:39by Marketscom3
XAUMO REPORT XAUUSD January 16th 2025ICHIMOKUontheNILE’s Signature Whales Report Where Institutional Whales Hunt and Sharks Play Games with Liquidity This is the elite institutional-grade strategy tailored for the XAUUSD market. We’re diving into the liquidity zones, ripping apart retail traders’ liquidity pools, and positioning ourselves alongside the market-making whales. With the philosophy of the sharks and the precision of institutional execution, here’s your power-packed roadmap. Philosophy Playbook: Sharks & Whales 1. Market Psychology: The market is a battlefield. Whales (institutions) thrive on retail emotion—they force impulsive entries and stop-loss placements, feeding on retail liquidity. We play as sharks, leveraging their traps. 2. Liquidity Manipulation: Whales hunt for zones of trapped liquidity: • Above obvious resistance to trigger retail buy stops (fake breakouts). • Below key supports to sweep retail stop-loss orders. 3. Fair Value Gaps (FVGs): Price moves fast in these areas, creating vacuum zones. Whales return price to these levels, filling their orders before a big trend move. 4. Control Philosophy: Use institutional tools (Volume Profile, VWAP, MAs) and precision timing to follow the flow, not fight it. Sharks don’t rush; they wait, stalk, and strike. Institutional Multi-Timeframe Confluence Analysis We’re slicing through Daily, 8H, 6H, 4H, 90M, 1H, and 30M charts with surgical precision. 1. Daily Chart: Macro Picture of the Battlefield • Market Context: Price is parked at $2,701, dangerously close to the VAH ($2,703-$2,726). The battlefield here is clear: Whales are baiting retail traders into breakout longs. • Trend: Bullish, but volume is fading. The SMA 50 and EMA 21 below price act as macro support ($2,650-$2,670). • Momentum: RSI at 57: Neutral. The MACD remains bullish but is losing steam—momentum exhaustion is visible. • Takeaway: Daily says this is liquidity bait territory. Whales are eyeing a trap above $2,703, where liquidity from retail buy stops rests. 2. 8H Chart: Whale Footprints • Price Structure: Consolidation near POC $2,701. A liquidity sweep above VAH $2,703 is likely before a drop. • Momentum Exhaustion: RSI approaches 67 (overbought). MACD shows bullish momentum flattening—classic sign of a whale-driven liquidity trap. • Takeaway: Whales are setting their trap: Push above $2,703, grab liquidity, then reverse to POC or VAL ($2,690-$2,670). 3. 6H Chart: Mid-Term Hunting Zone • Market Setup: Price hovers near $2,701, struggling to gain strength. Sellers likely dominate above $2,703-$2,726, where stop orders pile up. • Volume Profile: Low Volume Node (LVN) near $2,690 signals a potential vacuum effect—price can drop quickly if it loses this level. • Takeaway: Sharks wait for the trap above $2,703 before riding the momentum back to $2,690. 4. 4H Chart: Shark’s Precision Zone • Price Action: Weak candles forming near $2,701. Buyers look exhausted as price struggles to break $2,703. • Market Maker Logic: Retailers chasing breakout longs will get swallowed in the $2,703-$2,726 zone. Whales are ready to dump price lower after baiting them. • Takeaway: This is the reversal zone—perfect for scalping shorts back to $2,690. 5. 90M, 1H, 30M: Retail Liquidity Playbook • Liquidity Mapping: • Retail buy stops above $2,703 = Target for whales. • Retail stop losses below $2,690 = Target for liquidity sweep traps. • Volume Context: Volume on these timeframes is weak—no real conviction in the upward move. The price action screams “trap.” • Fair Value Gaps: • FVG below $2,690 aligns perfectly with VWAP lower bands at $2,670. Whales will likely fill this gap on the next drop. XAUMO Signature Trade Plan Here’s how we hunt the liquidity with a shark’s mindset and institutional precision: Order #1: Short the Trap • Order Type: Sell Limit. • Entry Price: $2,703 (VAH/upper VWAP). • Stop Loss: $2,730 (above liquidity trap). • Take Profits: • TP1: $2,690 (POC alignment). • TP2: $2,670 (VAL + VWAP lower band). • TP3: $2,650 (SMA 50). Risk-Reward Ratio: ~1:4. Order #2: Fade the Sweep If the whales sweep liquidity below $2,690, we flip long. • Order Type: Buy Limit. • Entry Price: $2,670 (VWAP lower band). • Stop Loss: $2,650 (below liquidity sweep zone). • Take Profits: • TP1: $2,690 (POC return). • TP2: $2,703 (VAH revisit). Risk-Reward Ratio: ~1:3. Justification for Orders 1. Market Psychology: Whales use the VAH at $2,703 to trigger retail buy stops. After trapping liquidity, they’ll dump price to POC or VAL. 2. Confluence Across Timeframes: • Daily, 8H, 6H, and 4H confirm momentum exhaustion. • Lower timeframes (90M, 1H, 30M) highlight liquidity trap mechanics. 3. Volume Behavior: Declining volume confirms a lack of conviction in the breakout attempt. 4. Shark Play: We position against the retail herd, targeting whale-driven liquidity moves. ICHIMOKUontheNILE’s Institutional-Grade Playbook Scenario 1: Liquidity Trap Play (Primary Plan) • Short the push above $2,703, ride the reversal to $2,670-$2,650. Scenario 2: Pullback Recovery Play (Backup Plan) • Buy near $2,670, ride the return to POC and VAH. This plan integrates whale-level volume profiling, liquidity targeting, and retail psychology exploitation. Now we enter the fray, where steel meets flame and every move is life or death. Now we enter the fray, where steel meets flame and every move is life or death. Now we enter the fray, where steel meets flame and every move is life or death. Trading London Session, Pre-NYC, NYC, and Retail Sales MoM Data (Cairo Local Time) This is trading under fire—adapted to Cairo Time (GMT+2). You’re not a spectator. You’re a predator. Let’s plan each phase like an institutional whale while executing like a shark. Cairo Local Time Breakdown Here’s how the session times align with Cairo: • London Session: 09:00 - 12:00 • Pre-NYC: 14:00 - 15:30 • NYC Open: 15:30 - 17:00 • Retail Sales MoM Data: 15:30 1. The London Session (09:00 - 12:00 Cairo Time) Gameplan: London’s Liquidity Engineering The London Open unleashes institutional momentum, shaking out overnight liquidity. Whales often use this session to trigger fakeouts before the real move. Key Strategy: London Fakeout Trap • Expect price to break the Asia session range, trap retail traders, and then reverse toward the real trend. • Whales hunt liquidity: • Fakeouts above the Asian high = Short setup. • Fakeouts below the Asian low = Long setup. Execution Steps 1. Define the Asia Range (00:00-09:00 Cairo): • Identify the high and low from overnight consolidation. • Mark these levels as potential liquidity traps. 2. Fakeout Strategy: • Short Setup: • If price spikes above the Asia high ($2,703-$2,726) and shows rejection, short. • Long Setup: • If price sweeps below the Asia low ($2,690-$2,670) and reverses, go long. Actionable Trades for London Session: • Short Fakeout Above $2,703: • Sell Limit: $2,703. • Stop Loss: $2,710. • Take Profit: $2,690 (POC), $2,670 (VAL). • Long Fakeout Below $2,690: • Buy Limit: $2,670. • Stop Loss: $2,650. • Take Profit: $2,703 (VAH). 2. Pre-NYC (14:00 - 15:30 Cairo Time) Gameplan: Positioning for the Big Move Pre-NYC is where institutions lay their traps in preparation for the NYC Open and economic data release. This phase is typically choppy, with price consolidating near key liquidity zones. Key Strategy: Pre-News Consolidation • Watch for price to consolidate near POC ($2,701), VAH ($2,703), or VAL ($2,670).** • Avoid aggressive entries during this phase—institutions are creating fake moves. Execution Steps 1. Identify the consolidation range between $2,703-$2,670. 2. Let price gravitate toward a liquidity pool (VWAP mid, POC). 3. Get ready to trade once NYC volume triggers a breakout or liquidity sweep. 3. NYC Open (15:30 - 17:00 Cairo Time) Gameplan: Exploiting Institutional Volume The NYC Open brings the biggest volume injection of the day. This is where liquidity traps from London and Pre-NYC sessions are triggered. Expect high volatility fakeouts. Key Strategy: NYC Liquidity Grab • Price will sweep liquidity above/below key levels, triggering stop-losses before reversing to the real trend. Execution Steps 1. Wait for the first 15-30 minutes (15:30-16:00 Cairo): • Let price hunt liquidity around $2,703-$2,726 (resistance) or $2,690-$2,670 (support). 2. Enter on the Reversal: • Short Setup: • If price spikes above $2,703 and shows rejection, short the reversal. • Long Setup: • If price sweeps below $2,690, wait for bullish confirmation and go long. Trade Example: • Short Fakeout Above $2,703: • Sell Limit: $2,703. • Stop Loss: $2,730. • Take Profit: $2,690, $2,670. • Long Fakeout Below $2,690: • Buy Limit: $2,670. • Stop Loss: $2,650. • Take Profit: $2,703. 4. Retail Sales MoM Data (15:30 Cairo Time) Gameplan: Under Fire Retail Sales is the ultimate volatility trigger, providing institutions with cover to execute stop-loss hunts. This data often results in a two-step trap: 1. A fake breakout (up or down). 2. A sharp reversal to the real trend. Key Strategy: The News Whiplash Play • Step 1: Let the initial news spike happen—it’s usually a trap. • Step 2: Trade the reversal once liquidity is swept. Execution Steps 1. Before 15:30 Cairo: • Avoid trading; instead, mark key liquidity levels: • VAH ($2,703) • VAL ($2,670) • VWAP Bands 2. During 15:30-15:45 Cairo: • Let the price spike play out. • Watch for price to: • Break and reject at VAH ($2,703) = Short Setup. • Sweep below VAL ($2,670) = Long Setup. 3. Post-Spike Reversal (15:45-16:00 Cairo): • Enter trades as the reversal forms: • Short if price fakes out above $2,703. • Long if price sweeps below $2,690. Actionable News Trade: • Scenario 1: Strong Retail Sales (USD Strength): • Expect XAUUSD to drop. • Sell Stop: Below $2,690. • Stop Loss: $2,703. • Take Profit: $2,670, $2,650. • Scenario 2: Weak Retail Sales (USD Weakness): • Expect XAUUSD to rise. • Buy Stop: Above $2,703. • Stop Loss: $2,690. • Take Profit: $2,726, $2,740. Battlefield Notes: 1. Patience is King: Let the liquidity traps form before attacking. Whales move first. Sharks follow. 2. Volume Tells the Truth: • Low volume near breakouts = trap. • High volume with follow-through = trend move. 3. Dynamic Stops: As the price moves in your favor, trail your stop-loss to lock in profits. This is precision warfare. Take your time, hit your levels, and leave retail traders to bleed liquidity. Support my institutional playbook: share it with our fellow traders by ICHIMOKUontheNILE1
GOLD ready to sell ?Gold is showing signs of selling pressure and may be ready for a potential decline. We could see levels around 2685 if the bearish momentum continues. Trade cautiously and manage your risk effectively. Shortby TradeAdvisory4
Long Term Elliot Wave Analysis of Gold chartThis is my long-term Elliot Wave analysis of the Gold chart to show all of the possible Wave 3 price targets. Wave 3's tend to form an identifiable upward channel ... this Bull will last until at least Jan 2026 but could extend until March 2034Longby mattjoss1
Gold is HarmonicBullish Gartley playing out currently. Tp1 would be the completion of a bearish gartley pattern Price currently playing out gartley harmonic pattern with a break above 2714 would signal price in the process of completing either a bearish gartley at 2741. a break above 2741 would see us quickly reach our target of 2948 with traders eargerly trying to see price hit 3k Disclaimer: trade idea NOT financial advice ✌🏾☀🧘🏾♂️by Ap4Updated 1
XAUUSD towards 2700Gols again up 2680. News coming and it mat test aga8n 2680 before climbing up Longby Forexmaestro1211
Gold shows resilientGold dipped sharply on Monday. The sell-off was such that gold briefly dropped below $2,660 before buyers came in to support prices. This was an unexpected move, given that gold came within two dollars of hitting $2,700 on Friday afternoon, to trade at its highest level in a month. But, as noted previously, bulls should be reassured by the recent price action. Firstly, Friday’s rally followed a sudden drop following the stronger-than-expected Non-Farm Payroll update which saw bond yields soar, along with the dollar. In similar circumstances, an unexpected data release like that has led to a deep and protracted decline in gold prices. But not this time. The bulls’ resolve was tested again on Monday. But again, the price action since then was very encouraging from a bullish perspective. Gold is closing in on $2,700. But whether it is able to recapture this target this week or not is likely to be determined by today’s CPI update, and subsequent movements in US Treasuries and the greenback. If Headline CPI were to top 3.0% year-on-year, then it’s likely that both the dollar and bond yields will head higher, at least in the short-term. This could be another setback for precious metals, and if so, much will then depend on how investors react thereafter. by TradeNation1
XAU/USD 14 January 2025 Intraday AnalysisH4 Analysis: -> Swing: Bearish. -> Internal: Bullish. Analysis/Intraday expectation remains the same as analysis dated 16 December 2024. Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase. Price Action Analysis: Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity, for two possible reasons. 1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high. 2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855. Intraday Expectation: Intraday expectation and alternative scenario as per points 1 and 2. Note: With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment. H4 Chart: M15 Analysis: -> Swing: Bearish. -> Internal: Bearish. Price Action Analysis: Yesterday's Intraday expectation was not met with price failing to target weak internal high, printing a bearish iBOS. Internal structure has now aligned itself with swing structure. This could potentially be an early indication that both Daily and H4 pullback phases are incomplete. It would also be useful to remember that Weekly TF remains in its bearish pullback phase. Price subsequently printed a bullish CHoCH thereby confirming internal range and indication of bullish pullback phase initiation. Intraday Expectation: Price has yet to trade in to premium of internal 50% EQ or M15 supply zone. Expectation is for price to target weak internal low, priced at 2,656.880. Note: With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment. M15 Chart: by Khan_YIK1
GOLD POSSIBLE BUYHappy new year y'all, we're in the year of many opportunities, please don't be left out, because this year will be massive with opportunities you won't want to miss out, let's go get the bag, liquidity is been created and cleared while my entry as been activated, let's see what the result might beby MadsTheGoldminer1
Gold maintaining a solid uptrend The strong dollar is currently preventing gold prices from surpassing the critical 2695 resistance level. Nevertheless, gold prices are on a steady upward trajectory, driven by a strong demand for safe haven as investors flock to gold. This week, the direction of gold prices will hinge on the December CPI data. Markets anticipate that the CPI (YoY) will rise to 2.9% in December, up from 2.7%. Should inflation numbers exceed expectations, it could significantly dampen the Fed's willingness to cut interest rates. It is crucial to recognize that CPI results above market consensus may prompt a surge in the dollar, likely resulting in a decline in gold prices. After testing the resistance at 2695, XAUUSD returned some gains and retreated to 2671. However, XAUUSD sustains a solid uptrend within the ascending channel, awaiting further price triggers. If XAUUSD breaches above the channel’s upper bound and the resistance at 2695, the price may gain upward momentum toward 2725. Conversely, if XAUUSD breaks EMA78 and the channel’s lower bound, the price may fall further to the support at 2635. by inkicho_exness1
XauusdFollowing the upward Trend. Price is in a good area for buys, 4 hr candel did close above support area. Waiting te see exhaustion to go long. Continue buys Longby ForexforCristian1
GOLD BREAK-DOWN 13-JAN-2025If Gold is breaking support and resistance time frame in 30 min & 1 hrs we can easily take 60 pipes move in gold both side be ready with risk management by pinderthind9441
Xau usd | Next move Touched 2720 ? 13/1/2025 Xau usd | Next move Touched 2720 ? 13/1/2025 Episode#2 January After Achieving 1200+ pips last week we are ready to catch more pips at this week also there are some different scenarios and what we are expecting ? we analyze the market with higher time frame to lower time frames in monthly candles we create a proper region of resistance level and support area which will be discussed also after moving daily time frame there was so many several rejection at lower area and we have seen in NFP market clearly reject the 2665 area and move directly to 2690.00 we are defining two scenario's in which gold have to touched 2720 area and after that some relaxation because a proper rising wedge have created and maybe touched 2665 area again Additionally : Economy might be affect after a horrible incident in Los Angeles !Longby professionaltradersfx1