XAUUSD trade ideas
Gold Trade Plan 03/01/2025Dear Traders,
"Gold broke through the 2660-2665 range yesterday. Given the strength of the US Dollar Index, this could have happened due to low trading volume. However, considering the breakdown of the short-term uptrend channel and the high momentum observed, I expect a price rebound to around 2690 within the next few days. As long as the price remains above 2725, I consider a correction scenario down to 2530 to be likely."
"If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
Gold on decline as expected / first Profit in new YearAs discussed throughout my recent analysis: "My position: Even though Technicals are switched to Bull side due recent Fundamental rise, Buyers have to be extra cautious as DX delivered #52-Week High's test few sessions ago which is a messenger that Gold may be ready for Medium-term Bearish reversal. I will look to re-Buy Gold as long as #2,652.80 holds. I am back after my vacations break and expect usual Daily analysis here as normal."
Technical analysis: Gold gave away the early session Profit and reversed inside the newly formed Hourly 1 chart’s Rectangle for a new Support zone test. You may take some time on the side to continue Trading this range, but the overall critically Bearish larger charts will eventually prevail. I am fully Bearish and my model is pointing to prolonged weakness on Gold as I took my first Selling order on #2,652.80 break-out (#2,647.80 entry point) and closed on #2,635.80 with decent Profit. Remember as long as Gold is Trading below #2,652.80 benchmark, Price-action within is Bearish and keep Selling every High's on Gold.
My position: I have engaged another re-Sell order with #2,636.80 entry point (optimal Target remains #2,622.80 Support in extension. If #2,627.80 gets invalidated Gold will extend the Selling sequence, if however #2,627.80 rejects the Price-action, I will close my order there and remain on sidelines.
can monday start bullish?Gold is signalling a bullish setup as price retests a level of support and fib level 0.618. The retracement into this zone along with lower time frame trend lines shows signs of creating a higher low to, break through highs and the triangle patten.
Key Levels to Watch:
-Entry Zone: Around 2,639, aligning fibs support and trendline
-First Target: 2,664 current equal highs and resistant
-Second Target: 2,685.
Gartley 222 entry on GoldWhen these patterns workout you get an assymetrical risk to reward, and when they don't everyone thinks you are an idiot.
It's a butterfly pattern with all the valid fib ratios, at least within the margins of error. The 0.618 fib retracement gave me the courage to take the trade.
The stop is on the 0.786 fib retracement and I will use a trailing stop.
Trade what you see and not what you think and no one knows exactly whats going to happen next in the market so don't fall victim to the fear of a losing trade. Always practise good risk management.
I recommend buying at the current price with a stop-loss order Analysis:
The current price of gold is hovering around 2615.980 USD. A closer look at the 4-hour chart reveals a few key observations:
Price Action: The price has been consolidating within a defined range for the past few days. The yellow line indicates my predicted future price move.
Support and Resistance: I have identified several significant support and resistance levels on the chart. These levels have acted as areas of price congestion in the past and are likely to continue to influence price movement.
Moving Average: The 50-period SMA (Simple Moving Average) is currently providing support to the price.
Prediction:
I think the price of gold is likely to remain within the current range in the near term. A break above the upper resistance level could signal a bullish breakout, while a break below the lower support level could indicate a bearish move. However, I think the price is more likely to move upwards, as indicated by the yellow line.
Next Steps:
I will continue to monitor the price action of gold closely and adjust my analysis as needed. I will also be paying close attention to any news or events that could impact the price of gold.
Recommendation:
For traders looking to capitalize on a potential upward move in the price of gold, I recommend buying at the current price with a stop-loss order placed below the lower support level. For those who are risk-averse, I recommend waiting for a clear breakout above the upper resistance level before entering a long position.
GOLD Will Move Higher! Buy!
Take a look at our analysis for GOLD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 2,653.865.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2,713.989 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
GOLD - 2025 Forecast - Technical Analysis & Trading Ideas! 2025 forecast:
While the price is above the support 2475.27, resumption of uptrend is expected.
We make sure when the resistance at 2789.95 breaks.
If the support at 2475.27 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
A peak is formed in daily chart at 2726.10 on 12/12/2024, so more losses to support(s) 2582.31, 2527.50 and minimum to Major Support (2475.27) is expected.
Trading suggestion:
There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (2527.50 to 2475.27). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (2527.50)
Ending of entry zone (2475.27)
Take Profits:
2582.31
2644.20
2721.30
2789.95
2850.00
2900.00
2950.00
3000.00
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Levont - XAU/USD: Testing Key ResistanceXAU/USD Analysis (Gold Spot/USD)
📊 Timeframes Analyzed:
- 1H Chart:
The price is currently trading at $2,657 , consolidating near the key resistance zone between $2,659 and $2,660 . This area aligns with the 61.8% Fibonacci retracement level , which has historically acted as a strong supply zone. Price action shows multiple attempts to break above this level, but bearish pressure has kept it contained so far.
A potential rejection here could lead to a pullback toward the $2,654-$2,650 support range , while a breakout above $2,660 could trigger a bullish continuation toward $2,666 .
- 5m Chart:
Zooming in, the price is moving within a rising channel , showing short-term bullish momentum. However, the channel's upper boundary aligns with the higher timeframe resistance zone ( $2,659-$2,660 ), suggesting that the bullish move may face exhaustion soon. A rejection from this level could result in a breakdown of the channel and a retest of lower supports around $2,652-$2,650 .
🔑 Key Levels:
- Resistance Zone: $2,659 - $2,660
- Support Levels: $2,654 and $2,650
📈 Outlook:
The current price action suggests that gold is at a critical juncture:
- Bullish Scenario:
- A breakout above the resistance zone at $2,660 (confirmed by strong candle closures and volume spikes) could lead to a continuation toward higher targets like $2,666 or $2,670 .
- This scenario would align with the broader bullish sentiment seen in recent sessions.
- Bearish Scenario:
- If the price fails to break above $2,660 and shows signs of rejection (e.g., long upper wicks or bearish engulfing patterns), we could see a pullback toward immediate support levels at $2,654 or $2,650 .
- A breakdown below $2,650 could open the door for further downside toward $2,644 .
💡 Note: Watch for confirmation signals such as volume spikes or clear candlestick patterns before entering trades.
🌍 Fundamental Analysis:
Positive Factors Supporting Gold:
- Global Economic Uncertainty:
Concerns about slowing global growth and geopolitical tensions (e.g., ongoing instability in Eastern Europe) are driving demand for safe-haven assets like gold.
- Weaker U.S. Dollar:
The U.S. Dollar Index (DXY) has shown signs of weakness recently due to expectations that the Federal Reserve may pause rate hikes in early 2025. A weaker dollar typically supports gold prices as it becomes cheaper for holders of other currencies.
- Seasonal Demand:
January often sees increased demand for gold due to seasonal factors such as jewelry purchases in Asian markets and portfolio rebalancing by institutional investors.
Risks/Negative Factors for Gold:
- Hawkish Federal Reserve Policy:
Despite speculation about a pause in rate hikes, any unexpected hawkish commentary from the Fed in its upcoming January meeting could strengthen the dollar and pressure gold prices downward.
- Profit-Taking Near Resistance:
With gold nearing key resistance levels ( $2,660 ), short-term traders may take profits, leading to temporary pullbacks.
- Equity Market Recovery:
If global equity markets continue their recovery into early 2025, it could reduce demand for safe-haven assets like gold.
Xauusd buy After posting losses for two consecutive days, Gold found support near $2,600 and staged a rebound early Tuesday. As investors refrain from taking large positions ahead of the New Year Day holiday, XAU/USD clings to daily gains at around $2,620.
Gold now buy 2611
Support 2640
Gold drops to 2626-2642, and looks up to 2665Gold price slowly fell to 2625 in the Asian session and then rebounded. It just rose due to the good news. After the 4H chart turned strong, it continued to look up to the parallel high of 2665; later, short-term support was 2640, and strong support was 2636; short-term resistance was 2650-2654, and strong resistance was 2660-2665;
Strategy: Buy near 2640, SL 2630, TP2665; continue to hold after breaking through;
XAUUSD POSSIBLE MOVEMENT ( MUST READ CAPTION )Hello Trader's
Here's my new XAUUSD idea, share your opinion on this idea in comment section, in my personal opinion gold will fly till 2655/2665, we give pivot point if gold break then possibility of sell 2610/2600
Key Points
Current Area 2632
Pivot Point 2622
Resistance Zone 2645/50
Target Area 2655/65
Stop Loss 2618
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XAUUSD - Todays PlanWe are back after the festive period! Here is our view and update on XAUUSD . Potential opportunities and what to look out for after the Holiday season and start of the New Year.
Let’s take a step back and take a look at XAUUSD from a bigger perspective. For this we are attaching the long-term overview on the pair.
We are still following the sell bias we have published on November 27th.
XAUUSD is currently trading at around 2635 .
Scenario 1: SELLS from 2636 or 2630
That would confirm our pullback to the upside and breaking below 2630 would give us an opportunity to drop back down to 2611 or 2604 which is still one of our major Key Levels. Next we would be targeting a very important KL (Key Level) 2590.
Scenario 2: BUYS from 2645
We broke above 2636 and are trading above it. We should see more upside towards 2645 potentially reaching and breaking 2660. If 2660 is broken, it would invalidate our long-term analysis on XAUUSD.
Personal opinion:
We are still extremely bearish on XAUUSD. Safe sells would be placed at breaks of 2630 and we could potentially reach our target today (2611 - 2604). On the other hand if we start breaking above 2636 and breaking 2645, we would be looking to finally change our long-term bias and look for further buys reaching 2714 again.
KEY NOTES
- XAUUSD breaking below 2630 would confirm sells down to 2611 - 2604.
- XAUUSD breaking above 2645 would confirm further buys up to 2660.
- DXY is still holding strength and shows no signs of stopping.
Thank you everyone for your amazing support lately. We will continue to provide value to you.
Happy trading!
FxPocket
Xauusd buy Gold price attracts some follow-through sellers at the start of a new week and retreats further from a nearly three-week high, around the $2,665 region touched on Friday. The prospects for slower Fed rate cuts in 2025 keep US Treasury bond yields elevated, undermining the non-yielding yellow metal.
Xauusd buy 2625
Support 2635
Support 2645
Samll sell
GOLD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
GOLD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 2,592.930 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GOLD pair.
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GOLD Reached the support line and still bearish...Gold Technical Analysis
The price is expected to stabilize within the bearish zone, targeting 2603 as long as it trades below 2636. It may attempt a corrective move towards 2631 or 2636 before resuming a downward trend to break 2623 and reach 2603.
A 1-hour candle closing below 2623 will further strengthen the bearish momentum towards 2603.
Key Levels
Pivot Point: 2623
Resistance Levels: 2636, 2650, 2665
Support Levels: 2603, 2590, 2585
Trend Outlook
Consolidation: Between 2623 and 2636
Bullish Trend: Above 2636
Bearish Trend: Below 2636 and 2623
previous idea:
GOLD IS READY TO FLYhello my fellow traders. share your opinion about this idea in the comment section.
Current Gold Price: 2621
Gold is about to fly as market rejected 2610 and closed above 2620 which indicate market's continuation of a bullish trend. Further war crisis in Middle East have got intense and can pump up the Gold prices. Now market will try to breakout the resistance level 2633 and will try to hit our fist target 2638 and if the h4 candle manage to close above 2642 then its next target will be to reach our demand zone 2660.
Key Points:
Supporting Area: 2610, 2645
Resistance: 2633, 2653
Note:
Target 1: 2638
Target 2: 2660
Stop Loss: 2600
Kindly like, comment, and follow for latest updates on Gold.
GOLD - its breakout? what's next??#GOLD... market just break his today resistance area and guys keep close that level around 2667 68
if that is proper breakout then we have upside further areas for target. but today we have no major data from US side so stay sharp.
good luck
trade wisely
XAU/USD "Gold USD Mines" Metal Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the XAU/USD "Gold USD Mines" Metal market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade at any point.
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 2H period, the recent / nearest low or high level.
Goal 🎯: 2700.00 (or) escape Before the Target
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
Based on the fundamental analysis, I would conclude that the XAU/USD (Gold/US Dollar) pair is : Bullish
Reasons:
Increasing demand for gold: Gold is often seen as a safe-haven asset, and investors may seek to buy gold as a hedge against economic uncertainty, inflation, or market volatility.
Central bank buying: Central banks have been buying gold as a reserve asset, which could support prices and increase demand.
Limited supply of gold: The supply of gold is limited, and mining production is not expected to keep pace with growing demand, which could lead to a shortage and drive up prices.
Weakening US dollar: The US dollar has been weakening against other major currencies, which could make gold more attractive to investors and drive up prices.
Inflation concerns: Inflation concerns are rising, and gold is often seen as a hedge against inflation, which could drive up demand and prices.
However, it's essential to consider the following risks:
Global economic slowdown: A slowdown in global economic growth could reduce demand for gold and drive down prices.
Interest rate hikes: Interest rate hikes by the Federal Reserve could strengthen the US dollar and reduce demand for gold.
Regulatory changes: Changes in regulations or laws affecting the gold market could impact prices and demand.
Bullish Scenario:
Increasing demand for gold, central bank buying, and limited supply drive up prices
Weakening US dollar and inflation concerns support the bullish case
Market Sentiment:
Bullish sentiment: 80%
Bearish sentiment: 20%
Neutral sentiment: 0%
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
Weekly Analysis on GOLDBased on how the market structure were formed as of the moment my trade will favor on buying for next weeks to come.
