Get started
Gold Spot / U.S. DollarGold Spot / U.S. DollarGold Spot / U.S. Dollar

Gold Spot / U.S. Dollar

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals

XAUUSD trade ideas

Gold Price Today (January 7th): Continuing to DeclineHello everyone, let’s take a look at the gold price forecast! The global gold price has slightly decreased, with spot gold dropping by 3.3 USD to 2,637.1 USD/ounce, while gold futures fell by 7.8 USD to 2,646.9 USD/ounce. This decline can be attributed to the rise in the yield of 10-year U.S. Treasury bonds, which has reduced the appeal of gold. Investors are currently awaiting economic data to determine the Federal Reserve’s interest rate path, especially after the Fed indicated it will cautiously cut interest rates this year. Additionally, the tariffs and protectionist policies proposed by President-elect Donald Trump could lead to a resurgence in inflation. Important data, such as the non-farm payroll report and the minutes from the Fed’s policy meeting, are set to be released soon and could affect expectations regarding interest rates. Looking at the technical chart with resistance and support levels at 2,660 and 2,623, I believe that if gold cannot break through the 2,660 USD/ounce resistance, it may continue to adjust down to the support level of 2,623 USD/ounce. If gold breaks through this support level, the downward trend may continue, with the next target being a lower price range.
OANDA:XAUUSD
by Alisa_Rokosz
Gold H4 | Rising into 61.8% Fibonacci resistanceGold (XAU/USD) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 2,662.47 which is a swing-high resistance that aligns close to the 61.8% Fibonacci retracement. Stop loss is at 2,704.35 which is an overlap resistance that sits above the 78.6% Fibonacci retracement. Take profit is at 2,605.66 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.
FX:XAUUSDShort
by FXCM
BULLISH SYMMETRICAL TRIANGLE PRICE ACTIONTVC:GOLD BULLISH SYMMETRICAL TRIANGLE PRICE ACTION This chart pattern starts forming with bulls already in control of the exchange rate's uptrend. Then both bears and bulls try to squeeze on each other by creating lower highs and higher lows respectively, till the bulls finally break the triangle's upper border created by the bears, and the exchange rate continues its uptrend. Let's break down the pattern formation! In an uptrend, price action finds the first resistance (1), which will be the highest high in the pattern. Price action reverses direction from the first resistance (1) and goes downwards till it finds the first support (2), which will be the lowest low in the pattern. Price action reverses direction from the first support (2) and goes upwards, till it finds the second resistance (3), which must be lower than the first resistance (1) Price action reverses direction from the second resistance (3) and goes downwards, till it finds the second support (4), which must be higher than the first support (2) The pattern is completed when price action reverses direction from the second support (4) and goes upwards till it breaks the triangle's upper border at point (5)
TVC:GOLDLong
by phaneth2014
Gold Excpecting A Big FallGold futures slip, but remain on track to finish the first trading week of the year up on safe-haven demand. Futures are down 0.4% at $2,657.70 a troy ounce, buy have gained 0.2% on-week. While the gains are somewhat muted, a simultaneous rise in gold and the U.S. dollar as equities slump is characteristic of periods of safe-haven traction, writes FxPro's Alex Kuptsikevich. The outlook for gold and the dollar now depends on the macroeconomic situation, particularly the threat of trade wars, Kuptsikevich says in a note. U.S. President-elect Donald Trump has threatened a number of tariffs on goods after taking office in mid-January. Global speculators are likely to step up their gold buying in anticipation of China and other emerging markets favoring gold over dollar-denominated bonds, Kuptsikevich adds
OANDA:XAUUSDLong
by MrAlex_17
Gold (CFDs) on a 1-hour timeframeKey observations are as follows: 1. Purple Zone (Resistance Area): The price faced resistance upon reaching the purple zone and reversed, indicating a potential supply zone. 2. Blue Trendlines: Highlight the upward trend followed by a sharp downward correction. 3. Green Zone (Support Area): The price is moving toward a possible support level where buying interest might emerge. 4. Volume Analysis: The volume bars indicate significant activity, particularly near the support zone. The price seems to be heading toward the green zone. If this level holds, a reversal to the upside could occur. However, if it breaks below, further downside movement is likely.
TVC:GOLD
by Signals_provider
XAUUSD opportunity for dip buying.Gold is trading inside a Channel Up with the current sequence being the bearish wave. It is already below the 0.5 Fibonacci level and we expect it to dip at a maximum of 0.786 Fib, which is where the MA200 (1h) is expected to support. Trading Plan: 1. Buy on the current market price. Targets: 1. 2665 (Resistance 1). Tips: 1. The RSI (1h) is about to hit the 30.00 oversold limit. This is an additional buy signal. Please like, follow and comment!!
FX_IDC:XAUUSDLong
by TradingBrokersView
XAUUSD Buy analysis Gold prices (XAU/USD) edges higher in Friday's European session ahead of the United States (US) ISM Manufacturing Purchasing Managers' Index (PMI) data for December, which will be published at 15:00 GMT. The Manufacturing PMI is seen steady at 48.4, suggesting that activities contracted at a steady pace.The precious metal has a stellar performance in 2024 with gains exceeding 27%, the metal’s best annual return since 2010. This sustained rally is attributed to strong safe-haven demand amid persistent geopolitical tensions in the Middle East and the prolonged Russia-Ukraine conflict.According to three sources cited by Axios, US President Joe Biden reportedly discussed contingency plans to strike Iran’s nuclear facilities if Tehran made significant progress toward developing a nuclear bomb before Donald Trump’s inauguration on January 20. These discussions highlight heightened concerns over Iran’s nuclear ambitions during the transitional period between administrations.Gold price trades near $2,660.00 per troy ounce on Friday, with the daily chart signaling an emergence of a bullish bias. The metal price has climbed above the nine- and 14-day Exponential Moving Averages (EMAs), indicating a strengthening bullish momentum in the short term. Moreover, the 14-day Relative Strength Index (RSI) has risen above the 50 level, further supporting the development of a bullish bias GOLD Buy NOW  #XAUUSD GOLD BUY  2655 _ 2660 TP¹ :   2665 TP² :   2670 TP³ :   2675 TP4: 2680 STOP  : 2645🛑 100% CONFIRM SIGNAL Use Proper Money Management. Consistency is
OANDA:XAUUSDShort
by KingForex078
Gold looking constructiveThe overnight price move in gold is certainly constructive from a bullish perspective. It has now recovered the losses incurred over Friday and into Monday, pulling further away from the $2,640 danger level, and now closing in on $2,670. The fact that it is doing this despite the strength of the US dollar, and rising bond yields, is testament to gold’s robustness, as well as an acknowledgement of its status as refuge and safe haven in times of economic, and political, uncertainty. Of course, all on this could get wiped away, by, let’s say, an unexpectedly strong Non-Farm Payroll number tomorrow. That would likely lead to another reduction in Fed rate cut expectations, resulting in further gains in bond yields and a jump in the US dollar. It goes without saying that a weak payroll number could see the opposite market reaction. But as long as gold doesn’t break below $2,640 significantly, then it has a fair chance of pushing higher, particularly given the uncertainty that comes with the incoming Trump administration
TRADENATION:XAUUSD
by TradeNation
XAUUSD Gold Two Sides Based in the chartXAUUSD Gold Seems a Strong Resistance Zone What's Price expected Next Targets. Here is Summary of XAUUSD GOLD Resistance Zone 2670 to 2685 Support Zone 2630 to 2515 Key Levels If the Price will up from 2665 and break the this resistance Zone Then next Possible Targets 2670 to 2685. If the price will Down from 2650 and Break from here then Support 2630 to Below 2615 Lets use The trade From Buy position 2665 and sell position 2650 use Scaping Trade And remember Use Risk own And Take profit Slowly Use SL Must. PLZ Support with like and comments for more insights.
FOREXCOM:XAUUSD
by Sense_Trading