Elliott Wave Gold End-Year Update: Trend Has ShiftedGold ended it's tremendous bull run and from beginning of December started major correction. Wave A and B of this correction is already complete and we're now expecting a tradable wave C of this correction.Shortby HunterCoderUpdated 117
WILL GOLD FALL??XAU/USD Gold gained nearly 1% in the first trading day in 2025, sending initial positive signal that recovery off $2582 (Dec 18/19 higher base) might be picking up. The notion is supported by completion of bullish failure swing pattern on daily chart and breach of important barriers at $2637/42 zone (Fibo 38.2% of $2726/$2582 bear-leg /converged 20/30 DMA’s). Fresh advance penetrated thin daily cloud (spanned between $2642 and $2663) and pressuring daily Kijun-sen ($2654). Daily close above $2637 is seen as a minimum requirement to keep fresh bulls in play, as 14-d momentum is still in the negative territory and send warning about possible recovery stall. Fundamentals are expected to remain supportive for the yellow metal, with unstable political and economic situation, sticky inflation, fiscal instability and still a big question mark above possible action of Donald Trump’s administration, marking a solid ground for further gains.Shortby Shane-investment1
GOLD BULLS PUSH PRICE UPTHE gold three hours structure shows that bulls returns on 3hr demand floor and the reacted my rejecting 2642 level as retest to broken 3hr supply roof. On technical a break below the demand floor will show weakness from the side of the gold bulls and we will look for yesterday low of 2621 buy buy opportunityby Shavyfxhub1
Daily Analysis of Gold Ounce to USD - Issue 182The analyst believes that the price of { XAUUSD } will increase 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.Longby MoonriseTA1
XAUUSD bearish bat patternOn the 4-hour chart, XAUUSD stabilized and rebounded in the short term, and the bullish pattern was dominant. The price is expected to continue to rise, and the upper side is concerned about the previous supply area of 2700-2726. In addition, when the price reaches around 2709.6, pay attention to the potential bearish bat pattern.Shortby XTrendSpeed1
Gold BULLISH SCENARIO .read description .gold View for BULLISH SCENARIO . might be the next ATH ? going to sweep the marked tops by closing above 2627.3 then we expecting a retrace around 2664 . based on what we get on the way we will update the view . but overall closing above 2715 for few days should take us to ATH as shown in prev idea . (( this is only for BULLISH SCENARIO )) - for bearish one if we closed below the last low 2540 we going down deep 2471 .Longby rekoo20Updated 4
Analysis of the latest trend of gold market:Analysis of the latest trend of gold market: Analysis of gold news: At the end of the U.S. market on Tuesday (December 31), spot gold fluctuated and rose, currently trading around $2,624.57/oz. The price of gold fell 0.6% in quiet trading on Monday. It fell below the 2,600 mark to US$2,595.98 per ounce during the session, and closed at US$2,605.62 per ounce, below the key position near the 100-day moving average of 2,619. The U.S. dollar index once hit a new weekly high, keeping gold prices under pressure. Press. However, most traders awaited new catalysts, including next week's U.S. economic data, which could influence the Federal Reserve's interest rate outlook in 2025, as well as incoming President Trump's policies. Market participants will focus on upcoming U.S. economic data to assess whether the economy is slowing, allowing the Fed to continue to cut interest rates. Earlier this month, Federal Reserve Chairman Jerome Powell said U.S. central bankers "will remain cautious about further cutting interest rates." This statement came after the expected 0.25 percentage point rate cut in December. Despite quiet trading this week, traders will be watching next week's U.S. job openings data, the ADP employment report, the minutes of the Federal Reserve's December Federal Open Market Committee (FOMC) meeting, and the U.S. employment report, which could provide important clues about the health of the world's largest economy. Looking ahead, the factors supporting gold prices in 2024 remain - central banks continue to buy gold to diversify their reserves, and continued interest rate cuts in the United States support investment demand. In 2024, gold prices have risen by about 27% and hit an all-time high of $2,790.15 on October 31. As Trump prepares to return to the White House in January 2025, the market is preparing for major changes in U.S. policy in 2025, including potential tariff adjustments, deregulation and tax changes. Gold is seen as a safe-haven asset against economic and geopolitical turmoil. Gold technical analysis: Gold still repeatedly rose and fell as expected. The energy of yesterday's rebound was somewhat strong. So far, it has not refreshed yesterday's low, which means that this situation of gold will continue, but there will not be a surge in the market. The market is closed today, and the trading volume yesterday was relatively sluggish, so shock is still the main trend at the moment! However, the market does not last, and it does not strongly break through the 2628 rebound position on Monday and fall back under pressure, so gold is still in a weak market, and gold is still under the control of short sellers. Then gold is still in a weak market, and gold is still under the control of the bears. The market is changing rapidly. Since the gold bulls can't go up, it means that the gold bulls are still powerless, and the gold rebound still continues to give opportunities to the bears. On the whole, the short-term operation strategy of gold on Thursday is recommended to rebound shorting as the main, and callback longing as the auxiliary. Gold operation strategy: 1. When gold rebounds, sell short at the 2632-3635 line, cover short positions near the rebound at 2640, stop loss at 2647, target the 2610-2605 line, and look at the 2598-2600 line if the position breaks;Shortby Caesar_Gorman01Updated 2
XAUUSD Trade Setup - January 2025This chart outlines a potential trading setup for XAUUSD. The price is currently forming a wedge pattern and approaching key Fibonacci levels. Immediate resistance lies around 2,650, coinciding with the 1.272 Fibonacci extension. A potential breakout towards 2,665 (1.618 extension) is anticipated if the price sustains above the 2,650 zone. However, a retracement towards 2,625 or lower levels within the wedge may occur before the next upward move. Key support levels to monitor are 2,600 and 2,575 in case of bearish pressure. This setup suggests a bullish bias with cautious monitoring of price action and confirmations before entering tradesLongby the_pamungkas1
XAUUSD:2/1 Today's Market Analysis and StrategyGold technical analysis Daily resistance 2660, support below 2580 Four-hour resistance 2640, support below 2600-2580 Operational suggestions: The current price of gold on Thursday is around 2635. On Tuesday, the bulls bottomed out and rebounded strongly in the volatile trading. The US market stepped back and tested twice, and stabilized at the 2605 mark and continued to rebound. The US market accelerated to break through the 2620 mark and closed strongly. The daily chart rose strongly and engulfed. The overall gold price stabilized at the 2595 mark in the short term, continuing to fluctuate widely. In the short term, it still failed to break the recent oscillation pattern. From the 4-hour analysis, we continue to pay attention to the short-term support of 2608-10 below, and pay attention to the important suppression of 2640 above. The operation is mainly to step back and do more, and wait patiently for key points to enter the market. BUY:2627near BUY:2618near SELL:2640near The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.Longby ActuaryJUpdated 3
Gold price today 1/2/2025Safe haven demand and central bank rate cuts are the catalysts for gold’s rise in 2024, with the precious metal likely to rise more than 26% in the year, its best performance since 2010. Experts say these factors will continue to drive the precious metal in the new year. However, sentiment is likely to turn more cautious given the policy shift under US President Donald Trump. Geopolitical tensions are expected to remain elevated next year, as central banks continue to buy gold, while the US debt problem could return. Donald Trump. All of this will provide safe haven demand for the precious metal... This expert commented that this year will be a bit difficult for gold as the price of this precious metal has increased by nearly 27% in 2024. Prices cooled down in November and December but mainly due to the US election results as it somewhat affected the outlook of the US Federal Reserve (FED) this year. 🔥 XAUUSD SELL 2636 - 2638🔥 💵 TP1: 2615 💵 TP2: 2605 💵 TP3: OPEN 🚫 SL: 2645Shortby FalCol_TradingMaster2
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone, Please see update on our 1H chart idea from Sunday. We are still seeing sideways movement in the market. Generally when this happens, market leaves gaps open in both directions, which is typical of ranging market. We got our bearish target hit at 2618 and now left a open gap below. We also saw attempts to our bigger bullish gap above at 2647 and still remains open. We are comfortable buying dips from the retracement range, as part of our plans to buy dips rather then chasing the full target. Should we get the full open bearish gaps complete first, we will use the gap levels below to buy dips. 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 2647 EMA5 CROSS AND LOCK ABOVE 2647 WILL OPEN THE FOLLOWING BULLISH TARGET 2668 EMA5 CROSS AND LOCK ABOVE 2668 WILL OPEN THE FOLLOWING BULLISH TARGET 2691 EMA5 CROSS AND LOCK ABOVE 2691 WILL OPEN THE FOLLOWING BULLISH TARGET 2719 BEARISH TARGETS 2618 - DONE EMA5 CROSS AND LOCK BELOW 2618 WILL OPEN THE FOLLOWING BEARISH TARGET 2595 EMA5 CROSS AND LOCK BELOW 2595 WILL OPEN THE SWING RANGE SWING RANGE 2570 - 2551 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 by Goldviewfx88116
January 7 gold trading analysis strategy Gold fluctuated sideways in Asia and Europe today. In the European market, we placed a short order at 2646 and took profit at 2642. Some traders may question whether the profit is too small, but I want to say that there are more non-agricultural weekly data this week, so try to stabilize your profits. , don't be greedy for too much, otherwise it is easy to lose a lot of money. The U.S. market is focusing on the strong resistance of 2664-2666 above. Gold shorts still have some room to fall. Gold rebounds and can look for opportunities to continue shorting. From the 4-hour analysis, pay attention to the support of 2618-2620 below and the high resistance of 2664-2666 above. Continue to short at high levels and buy at low levels. The main tone remains unchanged. Follow orders cautiously in the middle line and wait patiently for key points to enter the market. Gold operation strategy: 1. If gold returns to the 2618-2620 line, buy long, stop the loss at 2613, and target the 2655-2658 line; 2. Go short on the rebound 2664-2666 line, stop loss 2673, target 2635-40 line, break the position and look at 2615-2620 line;by Caesar_Gorman01Updated 2
XAUUSD SELL 15 MINUTE TIMEFRAMESTRONG SUPPLY ZONE Double Top Pattern 3:1 Risk to Reward Let's See:)Shortby sebbyj61
XAUUSD LONG UPDATEAs predicted in the analysis dated 05/01/25, Gold retraced to the zone in the grey box and after continued going up until our first price target of 2665. 1:3 RR reached.Longby weno312
XAUUSD BULLISHNotice price changed direction on the 4hr time frame by closing above previous lower high. A beautiful retracement below the 50% Fib, into a strong support area. Seem like a probability area to get trades to the upside. This not Trading Advice, just sharing my ideas for XAUUSD Like & comment your thought FOLLOW for more ideasLongby Thrill9rUpdated 2
Gold Next Target sellhere is the next target of gold keep hold on sell now 🙂 gold need to water fall close buy signalLongby GoldProSignals1
Xauusd target 2667 ?? Here's a summary of your updated XAU/USD trade plan: Trade Plan - *Entry Point*: 2641 (current) - *Target*: 2667 - *Stop-Loss*: 2629 Market Analysis The XAU/USD is experiencing a bullish trend, driven by a weakening US dollar and increasing inflation concerns. Technical Analysis - *RSI Indicator*: The Relative Strength Index (RSI) is above 50, indicating a bullish momentum. - *Moving Averages*: The 50-day moving average is trending upwards, supporting the bullish view. - *Support Levels*: The support levels at 2629 and 2620 could provide a buying opportunity in case of a pullback. Risk Management - *Risk-Reward Ratio*: Your risk-reward ratio is approximately 1:3.8, which is relatively aggressive. - *Position Sizing*: Make sure to adjust your position size according to your risk tolerance and account size. Trade Progress You're currently 26 pips away from your target. Keep monitoring the market and adjust your strategy as needed. Stay disciplined and stick to your trade plan. Good luck!Longby Geroge_Fx2
XAUUSDXAUUSD is trading in clean bullish parallel channel. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?by Trader1mran1
XAUUSD Market target 2620 entry point 2642 stop loss 2647You've shared a trading plan for the XAUUSD (Gold) market: Trading Plan - *Target:* 2620 - *Entry Point:* 2642 - *Stop Loss:* 2647 This plan indicates a short position, anticipating a price drop from 2642 to 2620. Please keep in mind that trading carries risks, and it's essential to do your own research, consider your risk tolerance, and never invest more than you can afford to lose. Would you like me to help you monitor this trade or provide any additional market information?Shortby Ak_GoldTrader2
SSL sweep on XauusdIf you see on M15 there is Sell side liquidity sweep (SSL) and make a market structure shift. I will execute long position at the fresh OB and targeting the nearest BSL for the take profit. That’s all and goodluck!Longby DaddyNaz1
Weekly Outlook 2025: Gold Week of Jan 6 - Jan 10 NFP Friday Based on the outlook provided, I am looking to sells. More charts will follow this outlook during the week. Stay tuned! Short04:57by G-MoneyFX1
GOLD Daily Time Frame ForecastWaiting for optimal entry points... Two scenarios to watch: 1. Daily FVG Approach: Wait for price to reach the Fair Value Gap (FVG) for a potential selling opportunity. 2. Bullish Order Block: If the market approaches the bullish order block, wait for confirmation before entering a trade. Key level to watch: Point of Interest (POI) Patience is key! Wait for the optimal entry point. Longby twb1122Updated 1
Bulls to Hold on to Gold*We maintain Long position. *Gold has formed Cypher pattern in the 30min & 1 Hour Timeframe. *Now ready for the spike upwards that will see us in the $2720-$2740 zone. All the best people... Longby sishekanu1