GOLD - 4HR CHART - 21/02/2025 - looking for pull back. GOLD - 4HR CHART - 21/02/2025 - looking for pull back.
XAUUSD trade ideas
XAUUSD strong bullish soon opportunity again all time high This chart shows a technical analysis of Gold (XAUUSD) on the 1-hour timeframe. The main elements include:
Support Area: Marked in green below the current price level, indicating a zone where buying interest may emerge.
Resistance Area: Marked in green above, representing a potential supply zone where selling pressure might increase.
Price Action Projection: The pink arrow suggests a bullish move from the support zone towards the resistance area.
Disruptions or Alternative Perspectives:
1. False Breakout Possibility:
Price might break below the support area before reversing, creating a stop-hunt scenario.
Watch for a strong rejection before confirming the bullish bias.
2. Resistance Strength:
The resistance zone (around 2,961) has been tested multiple times. If price reaches it again, sellers might dominate.
A clean breakout above resistance with strong volume is needed for further upside.
3. Alternative Scenario - Bearish Case:
If price struggles to hold the support zone, it could break lower, leading to further downside.
Invalidation of bullish bias occurs if price closes below the support zone with high volume.
4. Macroeconomic & Fundamental Factors:
Gold is highly sensitive to economic data, interest rate decisions, and geopolitical events.
A sudden change in fundamentals could override technical analysis
XAUUSD Sell ForecastXAUUSD New forecast👨💻👨💻
The price perfectly fulfilled my last idea.
Note:
Follow proper risk management rules. Never risk more then 2% of your total capital. Money management is the key of success in this business...... Set your own SL & TP.
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Thanks for your continued support!! lemme know your thoughts in the comment sec...
XAUUSD H4 ANALYSIS BUY NOW 2940You're looking at a gold (XAU/USD) buy entry at 2940, aiming for a target of 2985. That's a 46-point move. Here are some key things to consider before entering the trade:
Technical Analysis Checklist
✅ Support & Resistance – Is 2940 a strong support level? Any historical bounce points?
✅ Trend Confirmation – Is the price in an uptrend? Any signs of reversal?
✅ Indicators – Are RSI, MACD, and moving averages supporting the buy setup?
✅ Risk Management – Set a stop-loss level (e.g., below recent support, maybe 2920-2915).
✅ News & Events – Check for FOMC meetings, NFP, CPI, or any geopolitical tensions.
Risk-Reward Ratio
If your SL is around 2920 (-19 points) and TP is 2985 (+46 points), your Risk-Reward Ratio (RRR) is ~1:2.4, which is solid.
Are you trading short-term (scalping/day trading) or holding for a swing trade? 🚀
XAUUSD strong bullish mode opportunity all time high market (gold big flying soon)
1. Resistance Area May Not Hold
The marked resistance area could be weak if bullish momentum continues strongly, especially with a breakout above recent highs.
If price consolidates near resistance without strong rejection, it may indicate accumulation rather than reversal
2. Support Areas Could Fail
The support zones might not hold if there's a strong bearish catalyst, like economic news or a shift in market sentiment.
A breakdown below the strong bullish support area could signal a deeper pullback.
3. Alternative Scenarios
Instead of bouncing from the lower support, the price might consolidate and range before a clear breakout direction.
A false breakout above resistance could trigger a liquidity grab, leading to a sharp drop instead of an upward move.
4. Indicators & Confirmation Needed
The chart does not include indicators like RSI, MACD, or moving averages, which could provide additional confirmation
Gold prices are also maintaining at historic peak levelsAccording to analysis, the domestic and foreign gold markets are being strongly influenced by the forums of the US Federal Reserve (FED) and the main US trade lists.
Recently, President Donald Trump continued to announce that he could impose a 25% tax on imported cars, semiconductors and pharmaceuticals...
Investors continue to look to gold as a safe foreign channel, amid worries about international trade tensions and negotiations to end the conflict in Ukraine that have not yet had positive results as expected.
The USD index remained at its lowest level in about 2 months, around 106.9 points, also supporting the rise of gold prices.
Gold’s Target – Major Bullish Move Ahead? 3169.30?Gold has been following a long-term Elliott Wave cycle since 1970, and Wave 5 is now in progress!
Key Wave Structure:
✅ Wave 1: $35.85 → $875
✅ Wave 2: $252.1 (Correction)
✅ Wave 3: $1920.94 (Major Bull Run)
✅ Wave 4: $1046.54 (Final Pullback)
🔥 Wave 5: Currently playing out!
Potential Wave 5 Price Targets 🎯
Using Fibonacci Extensions from Wave 3 & Wave 4:
📌 100% (1:1 of Wave 3) → $2715.38 ✅ (Hit in Nov 2024!)
📌 1.272 Extension → $3168 - $3200 (Next Major Resistance)
📌 1.618 Golden Ratio → $3748 - $3800 (Extended Target)
📌 2.0 Extension (Supercycle?) → $4300 - $4800+ 🚀
💡 Key Takeaways:
Gold’s Wave 5 is accelerating, and new all-time highs are possible!
If the bullish momentum continues, $3200+ is the next key zone.
A supercycle rally could push Gold toward $4000 - $4800.
🔔 Will Wave 5 extend further? Drop your thoughts below! 👇🔥 #Gold #ElliottWave #XAUUSD
Gold price outlook: New record highs but facing resistance !Gold's Bullish Breakout Faces Scrutiny
Gold's pennant pattern breakout led to new highs, but weak momentum sparks concern. The precious metal's next move hinges on key levels at $2,947 and $2,919.
Wednesday's breakout above $2,943 reached a record high of $2,947. However, a potentially weak closing price today may signal a failed breakout. To confirm strength, gold needs to close above yesterday's high of $2,937, ideally above last Friday's high of $2,940.
Instead, gold risks closing below Tuesday's high, trading below that level at the time of writing. The narrow price range suggests a lackluster bullish breakout, highlighting key near-term levels:
Key Levels:
$2,947: Resistance
$2,919: Support
A decisive move beyond these levels will dictate gold's next direction.
Happy trading best wishes Tom 😎
XAUUSD approaches record highsFundamental Perspective
Gold shipments from Singapore to the US surged 27% MoM in January to 11 tons, marking the highest level since 2022. The rise reflects pricing disparities in global bullion markets, with US futures trading at a premium over London spot prices amid concerns over potential Trump administration tariffs. A similar spike last occurred in 2020 during the pandemic when supply chain disruptions drove demand for physical gold settlements. Gold remains near record highs as geopolitical uncertainties and fresh tariff threats fuel demand.
Technical Perspective
Gold is approaching its record high and the resistance zone at 2940, which coincides with the 100% Fibonacci Extension. The price remains within an ascending channel, with higher swings indicating that the uptrend remains intact. However, with prices nearing their record high, the price could consolidate further within the 2880 - 2940 range.
If XAUUSD extends its rally and closes above 2940, the price could gain upward momentum toward the channel's upper bound near 3000. Conversely, a retreat below 2940 could prompt a retracement toward the channel's lower bound and support at 2880.
Author: Li Xing Gan, CMT, CFTe,
Financial Market Strategist Consultant to Exness
Gold Short just based on simple support and resistance , with a 3/1 RR , when 40 to 50 % in profit move SL to brake even take some profit and ride it out .
Gold Intraday Trading Plan 2/19/2025Gold didn't go downside as expected and went tup instead.
Currently it is facing a strong resistance at 2935-2942. I am expecting it to retrace from here and 1st target will be 2915.
However, if 2942 is invalidated, we will see another ATH.
XAU / USD 4 Hour ChartHello traders. We have just started a new 4 hour candle, and I have marked my area of interest to watch the lower time frames for confirmation for scalp buy / sell positions. Waiting for Pre NY volume in a few hours . Sometimes we will get a reversal of what happened during the London session as we get closer to the NY session. I am not saying we are going to push down, but I would think we should get a move down to take out the profitable trades still running from Long positions over the last 8 hours or so. Let's see how it plays out. BIg G gets a shout out. Happy Tuesday. Be well and trade the trend. I am currently in no trades. I crushed it yesterday so I am in no hurry to force or rush a trade. Still early in the week.
Comprehensive analysis of the heavyweight GOLD (exclusive)Dear traders
As of now, the gold price is 2909.97/ounce, with an increase or decrease of 0.37%, a high of 2915.26, and a low of 2891.4.
technical analysis
There was a big drop last Friday, and the decline continued on Monday to close positive. Today's opening price is between the short-term moving averages MA5 and MA10.
First, pay attention to the support level of last Friday near 2877, and then the low point of 2864 near the rebound last Wednesday.
Pay attention to yesterday’s rebound high resistance level of 2906-2908, and above it is the 2916 pressure level.
Factor analysis:
1. There is still uncertainty in the conflict between Russia and Ukraine. Although there is news of negotiations, the situation is not completely clear. As long as the conflict is not completely resolved, it may trigger risk aversion in the market at any time, leading to an increase in gold prices.
2. The United States faces the dual pressure of high debt and high interest rates, which affects the credit of the US dollar, leading to the continuous purchase of gold by central banks around the world, which will provide strong support for gold prices in the long run.
3. The Fed is expected to enter a rate cut cycle, which resonates with the purchase of funds and pushes up the price of gold.
4. From the perspective of demand, the trend of global central banks buying gold has been extended. In 2024, the demand for gold from central banks of various countries reached 1,044.6 tons. It is expected that global gold reserves will continue to increase in the next 12 months. The growth in demand has room for gold prices to rise.
If you agree with my analysis, please keep paying attention. I will share my views for free later. (David) OANDA:XAUUSD TFEX:GO1!
XAUUSD ShortI think that today xauusd has made only pullback and this will be good opportunity for short
Stop loss above 2908
Target 2842
rr 1:5
XAU/USD AnalysisPossible longs at the 2882 are bouncing off of the Daily Key level.
May be able to take it up to 2915 and beyond.
Also Shorts at the 2915 area
The H4 Key level below may be where price rejects
but there is a 30min OB Above to consider.
ST/MT ViewFA Analysis:
1- US and World economy are slowing down whereas Inflation is up.
- For ST, this is Gold negative as Investors need to exchange Gold to absorb equity losses and buy Bonds.
- For MT, this is positive for Gold.
2- End of war is Gold negative.
3- Tariffs is Gold positive. But I think Trumps will delay them and move towards Tax cuts and deregulation. The latter is Gold negative.
TA Analysis:
1- Gold outlook is Long. However, market moves in waves. The weekly close was bearish.
2- Price has made HH (a new ATH last week). I think, we should expect a HL for the next few days/weeks. 2685 is the Value Area to go long for a new ATH.
GL!
TP 2961 for monday updateThis is now going into next bullish phase
gold will continue its bullish formation
set targets 2961.67 for upside once it reached we will see further movement
Gold shortAccording to the chart, gold is bearish in the short term and bullish in the long term due to the breakdown of 50-year resistance.
Bearish Harmonic on $XAUUSD - D1 ChartThe OANDA:XAUUSD must close below 10 SMA before taking shorts. The bearish harmonic is valid until $2988. Final Target $2727
XAUUSD - ANALYSIS👀 Observation:
Hello, everyone! I hope you're all doing well. Let me share my personal view on Gold (XAU/USD) with you.
Based on the chart, I expect gold to continue its bullish trend. I have two targets in mind:
First target: 2995.996
Second target: 3000.000
However, before reaching these levels, I anticipate a small pullback around 2960, possibly dropping to the range of 2941.960 – 2941.040, before resuming its upward movement.
📉 Expectation
Bullish Scenario: Gold continues its uptrend toward 2995.996 and 3000.000.
Possible Pullback: A slight retracement around 2960, potentially reaching 2941.960 – 2941.040, before resuming the uptrend.
💡 Key Levels to Watch:
Resistance: 2995.996, 3000.000
Support: 2960, 2941.960, 2941.040
💬 What’s your outlook on Gold? Let me know your thoughts in the comments!
Trade safe
BEAR TRAP? As illustrated, Im trying to visualize what could have been a bear trap.
Price actually consolidated at the ATH level, instead of selling off like it has done in the past when liquidating massively...
That behavior goes against "usual" patterns of selling, which leads me to believe that the obvious won't be that easy.
Until the market proofs otherwise, I don't trust the slight drop / reaction the market had after reaching ATH.
If this scenario plays out, I believe ASIA will do the dirty work of taking everyone out when they sleep in America's; potentially reaching psychological prices of 2950 - 2070 range with the help of LONDON.
Maybe then NY would look for a sell-off. MAYBE... because keep in mind we are coming from a very strong rebound on Monday after a sell-off that already took place ...
Of course, the market could consolidate once more how it did toward the end of 2024; however, the circumstances with TRUMP'S economic agenda is, as a matter of fact, giving gold more strength than ever before since its safe heaven demand just keeps increasing...
..
GOOD LUCK!
Gold reacts to unserious peace talksThe United States and Russia recently held peace talks in Saudi Arabia without Ukraine’s participation. Russian officials did not mention offering any concessions and U.S. officials did not claim to have scored any in Tuesday's meeting.
Adding to the unseriousness of the talks, Donald Trump called Zelensky a “dictator,” and suggested that Ukraine is responsible for the war, echoing obvious Russian talking points.
Gold rose above $2,930 per ounce on Wednesday, just shy of last week’s record high of $2,940.
Technical indicators remain in extreme overbought territory, although extreme geopolitical uncertainty may call for extreme readings for longer. In the near term, the pullback appears corrective, with XAU/USD still holding above all key moving averages on the 4-hour chart.
