GOLD short cont.Still believing to the swing low. But the price has shown a strong bounce from the monthly CRT. I'll continue to monitor it around the key levels.
XAUUSD trade ideas
XAU/USD 06 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:
Price has most recently printed a bearish iBOS.
Price has printed a bullish CHoCH indicating, but not confirming bullish pullback phase initiation.
We are now trading within an established internal range.
Intraday Expectation:
Price is expected to react at either premium of internal 50% EQ or M15 supply zone before targeting weak internal low priced at 2,625.260.
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:
World market forecast positive due to high demand for goldThe world gold price jumped by another $7 to $2,647 an ounce. According to market analyst Fawad Razaqzada of City Index, gold still faces many challenges in the short term, such as the strength of the greenback, rising bond yields, and weak demand from the Asian market. However, despite those challenges, the gold price target of $3,000 an ounce is still feasible. Any correction or consolidation in early 2025 could set the stage for another rally in the second half of the year.
Ms. Nicky Shiels, Head of Metals Research and Strategy at MKS PAMP, expects gold prices to trade in a fairly wide range of $2,500 to $3,200 an ounce, with the precious metal largely dependent on the US Federal Reserve's (Fed) interest rate changes related to inflation.
For now, investors still believe that a stronger US dollar and tighter monetary policy could create some headwinds for gold. However, gold remains an important asset in investors' portfolios this year. The trend of de-dollarization by central banks, complex and unpredictable geopolitics, global debt and investor demand... will ensure that gold is a safe asset diversification tool.
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold Is Going DownGold holds steady above $2,650 on Friday after rising more than 1% on Thursday. The benchmark 10-year US Treasury bond yield stays in negative territory, helping XAU/USD hold its ground as investors await US ISM Manufacturing PMI data for December.
GoldXAUUSD ( Gold / U.S Dollar )
Bullish Channel as an Corrective Pattern in Short Time Frame
Demand Zone
Break of Structure
Completed " 12345 " Impulsive Waves and " AB " Corrective Waves
Change of Characteristics
Gold Going DownGold prices rise in early trade as traders await more cues on the path of interest rates in the U.S. Futures are up 0.1% at $2,667.50 a troy ounce, supported by central-bank buying, uncertainties around U.S. tariff plans under President-elect Donald Trump and geopolitical tensions. Meanwhile, the Chinese central bank added to its gold reserves for a second month in a row in December.
XAU/USD tested by job data and technical crossovers Gold surged by over $20 amid reports of China continuing to accumulate reserves and uncertainty around President-elect Donald Trump’s conflicting signals and tariff policies.
However, the metal has since retraced some of those gains following the release of the latest U.S. job openings data, which hit a six-month high at 8.098 million. Currently, Gold remains up $13+ for the day.
In the short term, analysis of the 1-hour chart suggests that Gold’s rally may be losing momentum. XAU/USD continues to trade above all its moving averages, but the 100 SMA crossing above the 50 SMA indicates caution for bulls considering additional long positions. Technical indicators are largely flat, though the Relative Strength Index (RSI) sits just below 60, potentially capping the pair's bearish outlook.
Buy gold, target: 2655-2660Although gold briefly dropped to the 2615 level yesterday, it quickly rebounded, indicating strong buying interest below. Many investors have been gradually accumulating positions during the pullback, which underscores gold's strong resistance to further declines.
Additionally, gold has recently shown a tendency for sudden and unpredictable price swings, eliminating a significant portion of positions through repeated shakeouts.This is why I often mention locking profits in time in recent transactions.
In short-term trading, I remain bullish on gold. Therefore, I suggest patiently waiting for a pullback and using the 2640-2630 zone as support to gradually build long positions in gold.
Bros, do you believe gold will extend its rebound? If you’re interested in learning more detailed trading strategies and receiving additional trade signals, you can join the channel linked at the bottom of the article. Let’s make trading easier and turn profit-making into an enjoyable journey!
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.
Gold shortGold made reversal by breaking multiple lows. Now making a pullback
Now it offers good risk to reward for a short trade
XAUUSDLONG GOLD (XAU/USD): SELL SIGNAL.
Entry Zone: $2,652 - $2,655
Take Profit:
TP1: $2,632
TP2: $2,611
Stop Loss: Above $2,669
This aligns with bearish momentum while protecting against potential reversals. Make sure to monitor price action closely! 📉
SWING AND GROW RICHlooking for a great start for the new year, gold holds some great potential to make your dreams come true. looking for a bullish swing on gold. the weekly trend is bullish and the daily has made it's pull back to the 200 moving average, the 4h has gone bullish from the 2nd of january and it made a pull back on friday and today, looking for a pin bar in line with the trend on the 4h, the 1h has made a bullish enguling parttern. so looking to close out at a new all time high. trade with proper risk management. enjoy the year.
Sizing Up XAUUSD into the New Year: What’s Next for GOLD?👀 👉 In this video, we conduct a quick top-down analysis, identifying key structural levels where major players may target liquidity to execute their orders. Understanding these levels—from the monthly and weekly down to the daily charts—can help pinpoint potential opportunities on the four-hour and lower timeframes. This video offers a breakdown of my analysis process. (Not financial advice.) 📊 ✅
XAU/USD: Analysis and ForecastToday, gold sustains modest intraday growth during the first half of the European session, though it lacks the momentum for a stronger upward move. Uncertainty surrounding U.S. President-elect Donald Trump's tariff plans, fears of a trade war, and geopolitical tensions act as tailwinds for the precious metal.
The $2665 level serves as a strong resistance barrier. Considering the 200 EMA on the daily chart has just begun to gain positive momentum, a sustained break above this barrier could act as a new trigger for bulls, paving the way for further gains. Subsequent upward movement could lift gold prices to intermediate resistance in the $2681-2683 zone, and route to the psychological $2700 level.
On the other hand, weakness below the $2635 level will find some support near the 1oo-day SMA and the weekly low around $2615-2614, established on Monday Following this, a confluence of the psychological $2600 level with the 100-day EMA and a short-term upward trendline extending from November's low provides additional support. A convincing break below this confluence would expose December's low in the $2583 level. If this level is breached, he probability would shift in favor of the bears.
Happy Trading!
XAUUSD-Can we see a potential drop here?Gold has been able to ignore the US dollar strength and rising bond yields until now. But since topping out in October, it has created a few lower highs, suggesting that the trend is no longer bullish as it was in the early parts of last year. The precious metal is now testing a bearish trend line derived from connecting the prior two highs. This trend line happens to cut through a key resistance zone between 2675 to 2685. What's more, the 61.8% Fibonacci retracement level against the December high comes in around this area, at 2671. All this makes it an ideal area for the sellers to potentially step in. Can we see a potential drop here? Or will the bulls prevail despite all these technical hurdles?
Gold 1H Intra-Day Chart 09.01.2025Gold has started the year of really bullish. But I see this as a liquidity grab, so my next step would be to look for shorting zones.
Option 1: Short at $2,680 - $2,686.
Option 2: Wait for double top at $2,720 to be taken, before shorting Gold.
golden triangle since first rate cut gold price is sideways
price has made new symmetrical triangle pattern on daily chart
wait for breakout then trade in new direction
this week big news nfp then trump first day in white house can be trigger
Moustafa! Gold towards 2651only if Gold reaches to 2643 so will go 100% to 2651 minimum due to the break of the downtrend line and the bullish formed flag
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.
goldwill continue to push to the highs, keep hold, will have a pull back but soon will fix itself to go long
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing ema5 and price play between two weighted levels with a gap above at 2629 and a gap below at 2600. We need ema5 to cross and lock above or below the weighted Goldturns to determine the next range.
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
2629
EMA5 CROSS AND LOCK ABOVE 2629 WILL OPEN THE FOLLOWING BULLISH TARGET
2655
EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET
2694
EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET
2726
BEARISH TARGETS
2600
EMA5 CROSS AND LOCK BELOW 2600 WILL OPEN THE FOLLOWING BEARISH TARGET
2561
EMA5 CROSS AND LOCK BELOW 2561 WILL OPEN THE SWING RANGE
SWING RANGE
2519 - 2486
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
How to Identify a Bearish Reversal in Gold Trading
In this article, I will explain to you 4 efficient strategies to identify a bearish reversal with technical analysis in Gold trading.
You will learn price action, SMC and technical indicator strong bearish signals.
First, let me remind you that different bearish signals may indicate a different magnitude and a degree of a potential reversal.
While some signals will be reliable for predicting short term reversals, some will be more accurate in projecting long-term ones.
One more thing to note is that one of the best time frames for bearish reversal confirmations on Gold is the daily . So, all the cases that will be explained will be on a daily time frame strictly.
XAUUSD Bearish Reversal Signal 1 - Bearish Price Action Pattern.
One of the perfect indicators of the overbought state of a bullish trend on Gold is bearish price action patterns.
I am talking about classic horizontal neckline based patterns like head & shoulders, inverted cup & handle, double/triple top and descending triangle.
Typically, these patterns leave early bearish clues and help to predict a coming downturn movement.
A strong bearish signal is a breakout of a horizontal neckline of the pattern and a candle close below.
The price may continue falling at least to the next key support then.
Above is the example of a head and shoulders pattern on Gold, on a daily. Its formation was the evidence of the overheated market. Bearish breakout of its neckline confirmed that, and the price continued falling.
Bearish Reversal Signal 2 - Rising Channel Breakout.
When the market is trading in a healthy bullish trend, it usually starts moving with the boundaries of a rising channel.
It can be the expanding, parallel or contracting channel.
Its support will represent a strong vertical structure, from where new bullish waves will initiate after corrections.
Its breakout will quite accurately indicate a change of a market sentiment and a highly probable bearish reversal.
Look at this rising parallel channel on Gold chart on a daily. The market was respecting its boundaries for more than 3 months.
A bearish violation of its support was an accurate bearish signal that triggered a strong bearish movement.
Bearish Reversal Signal 3 - Change of Character & Bearish Price Action.
One of the main characteristics of a bullish trend is the tendency of the market to set new higher highs and higher lows. Each final high of each bullish impulse is always higher than the previous. Each final low of each bearish movement is also higher than the previous.
In such a price action, the level of the last higher low is a very significant point.
The violation of that and a formation of a new low is an important event that is called Change of Character CHoCH.
It signifies the violation of a current bullish trend.
After that, one should pay attention to a consequent price action, because CHoCH can easily turn into just an extended correctional movement.
If the market sets a lower high and a new lower low then, it will confirm the start of a new bearish trend.
That is the example of a confirmed Change of Character on Gold on a daily. To validate the start of a new bearish trend, we should let the price set a lower high and a form a bearish impulse with a new lower low.
Bearish Reversal Signal 4 - Death Cross.
Death cross is a strong long-term bearish reversal signal that is based on a crossover of 2 moving averages.
On a daily time frame, it is usually based on a combination of 2 Simple Moving Averages: one with 50 length and one with 200 length.
The signal is considered to be confirmed when a 50 length SMA crosses below 200 length SMA.
It is commonly believed that it signifies that the market enters a long-term bearish trend.
On the chart, I plotted 2 Moving Averages. When the blue one crosses below the orange one, a global bearish trend on Gold will be confirmed
The 4 bearish signals that we discussed will be useful for predicting short term, mid term and long term bearish reversals on Gold.
While price action patterns will indicate local bearish movements, Death Cross will confirm a global trend change.
Learn to recognize all the signals that we discussed to make more accurate trading and investing decisions.
❤️Please, support my work with like, thank you!❤️
THE KOG REPORT - Update End of day update from us here at KOG:
Planned well from yesterday's KOG Report with the level we were looking for initially holding and giving us the move down we wanted into the target region. We're now at key support hence the bounce so we'll be looking upside for the long into the 2610 level for the long.
It's a quick one today, as always, trade safe.
KOG
