xau range/ bearishGold still bearish. Looking to retest a key level before bearish continuation. Please check idea before execution.
XAUUSD trade ideas
GOLD BEARISHUpdated gold short idea - high risk as start of new Financial year. Please check idea before execution
Next Two Target for Gold Now that gold has moved down, it will reach the purple area at 2593.41 and then take an upward path from there and reach 2640.
XAUUSD Gold price (XAU/USD) rises for the third consecutive session on Thursday, following a more than 27% increase in 2024, marking its best performance since 2010. This upward momentum has been driven by US monetary easing, persistent geopolitical tensions, and record central bank purchasesGold price trades near $2,630.00 per troy ounce on Thursday, with the daily chart indicating a consolidation phase as the metal moves sideways. However, the price of the yellow metal moves above the nine- and 14-day Exponential Moving Averages (EMAs), suggesting a bullish shift in the short-term momentum. Additionally, the 14-day Relative Strength Index (RSI) hovers around the 50 mark, reflecting a neutral sentiment.However, the non-interest-bearing Gold may encounter some headwinds as the Federal Reserve (Fed) is expected to take a more cautious approach toward further rate cuts in 2025, signaling a hawkish shift in its monetary policy stance. This change is influenced by uncertainties surrounding potential policy shifts under the incoming Trump administration’s economic plans.
Geopolitical tensions in the Middle East and the ongoing Russia-Ukraine conflict are expected to continue supporting Gold, a traditional safe-haven asset, in the near term. Additionally, a World Gold Council survey suggests that major central banks are likely to increase Gold purchases in 2025, further boosting demand for the precious metal.Gold price trades near $2,630.00 per troy ounce on Thursday, with the daily chart indicating a consolidation phase as the metal moves sideways. However, the price of the yellow metal moves above the nine- and 14-day Exponential Moving Averages (EMAs), suggesting a bullish shift in the short-term momentum. Additionally, the 14-day Relative Strength Index (RSI) hovers around the 50 mark, reflecting a neutral sentiment.
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;
XAUUSD BUY 4 HOUR TIME FRAMEStrong Demand Zone
Price has to fill the gaps to the left 2:46 Risk Reward Let’s See:)
HAPPY New YEAR!
First short gold, then go long gold!Currently, gold has risen sharply and broken through the short-term high of 2638. There is no good position to continue chasing the rise of gold. The highest gold has reached near 2646. I do not intend to continue chasing the rise of gold near this position. On the contrary, I have continued to short gold near 2646. When gold falls back to the 2640-2630 area, I will consider going long on gold!
Bros, do you think gold will retrace? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Levont - XAUUSD Analysis: Bearish Rejection from Key Supply ZoneXAUUSD Analysis (Gold Spot/USD)
📊 Timeframes Analyzed:
- 1H Chart (Left): Price is trading within a descending channel, showing a clear bearish structure. The current movement has reached the upper boundary of the channel, aligning with a significant supply zone (marked in red). Additionally, the 0.382 Fibonacci retracement level reinforces this area as a potential reversal point.
- 15m Chart (Right): A closer look at price action reveals consolidation within the highlighted supply zone, indicating indecision and potential exhaustion of bullish momentum. A breakdown below the zone could trigger a continuation to the downside.
🔑 Key Levels:
- Resistance Zone: 2,627 - 2,628
- Support Levels: 2,615 (0.618 Fibonacci) and 2,610 (0.786 Fibonacci)
📉 Outlook:
The bearish bias remains intact as long as price respects the descending channel and fails to break above the supply zone. A rejection from this area could lead to a move toward lower Fibonacci levels or even test the bottom of the channel.
💡 Note: Monitor price action closely for confirmation before entering trades. A breakout above 2,628 could invalidate the bearish scenario.
GOLD BULLUSHHello Everyone I hope you are doing well, Happy New Year 2025. Have a great year.
As you know gold has pumped 250 300 pips in startup of new year, like a crazy moment.
Gold has changed structure bearish to bullish, since it has touched the area of 2596.
Im still looking for a buy apportunity and I have found one more setup for gold buy.
Im gonna gold buy at the price of 2636, because there is a breakout and BOS. So that i will put buy orders.
ENTRY POINT : 2636 at the area of BOS
STOPLOSS AND TARGET : SL 2629 nd TP will be 2653
GOOD LUCK EVERY
PLEASE SHARE YOUR IDEAS ON THIS POST AND USE SL ON EVERY TRADE.
STAY TUNE FOR EVERY UPDATE.
Great buy, Huge R:RHello all. at this week market will go up from a BR Node. It is the most powerful concept in the market. be happy and don't miss R:R=12. (wink)
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 trades
Gold is in the Bearish DirectionHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
XAUUSD ANALYSIS ( MUST READ CAPTION )Hello Traders here is my XAUUSD idea.
Kindly share your opinion on my chart and share your idea about gold in comment section.
Key Points
Current Price 2,626
Pivot Point: 2,618
Resistance Zone 2,636-2,640
Support Zone 2,610 / 2,590
Target Area: 2,645/2,650
If the price breaks above the resistance zone (around 2,636), then next move of gold (around 2,650/60).
If the price falls below the pivot point (2,618) and break it, then possibility of sell till (around 2,610 and 2,590).
please show your support with boost, follow us for more updates, share our ideas with your friends and family
GOLD ANALYSISWelcome to the new trading year 2025
Having gone through the year-end season which is the least liquid season of the market, prices seem to fluctuate very little and are still in the side ways H1 and H4 frame.
Need a strong force from the Buy side to break the 2640 zone, the price will continue to return to the 2700 zone. If the price returns and breaks the 2572 zone, it is likely that gold will adjust to 2515.
Currently we will trade on port area 2630- 2640
And support buyers 2604 - 2598 - 2584
1.2 Accurate technical analysis of gold short-termThe upper rail resistance of the four-hour flat pattern is 2638 and the double-line resistance is 2642. Break through and open slightly upward, and continue to rise to form an upward opening pattern
The lifeline and the lower rail of the double line are superimposed in the 2619-2617 area
The early trading accelerated the rise point in the 2625-2623 area. Take this as the dividing line, and look for the next resistance area of 2638-2642 upwards, followed by the 2648-2650 range
Keeping low is the key, breaking high is the focus, and taking advantage of the trend is the method
If it is delayed, there will be variables. If it can take advantage of the trend and break through 2648-2650 with the east wind, the bulls can have more control later
Refer to this idea, early The market is arranged around the low point 2621-2623 area as support to rush to 2632-2633. If the rise is realized as expected, the second step is still bullish. It is planned to use 2628-2626 as support to see a bullish trend. The price will only fall back to the 2632-2631 area.
So choose the 2632 area to enter the market with low longs. The original plan of 2628-2626 remains unchanged. Look up to find the 2638-2642 area, and then look at 2648-2650
The 2598 long orders at the beginning of the week are still held in small bands. The loss point is now moved up to 2610 (profit loss situation, if it falls back, it is also profitable), and pay attention to the gains and losses of 2648-2650
Gold Potential Bullish movement XAUUSD Gold Seems as Bullish pattern key price levels for potential movements.
Here is the Setup of Gold In Some Trading Points.
1. Current Price Zone: The price is expected to rise from 2616, with a potential pullback to 2610 as a key support area. This suggests you anticipate some consolidation or a slight dip before the upward movement.
2. First Resistance Zone: 2635 is the area where you expect the price to face resistance. If the price hits this levelk.
3. Second Resistance Zone: If the price manages to break the 2635 resistance level, the next key resistance would be at 2650, which could be another point for price reversal or consolidation.
Rate Share Idea What's Going On Gold Thanks
XAUUSD (Before journal)008 ( i think that it will down until liq sweep of 2613 price, then i decided to wait Imbalance or other possession and other probability movement.)
XAUUSD (Before journal)015 (i think that it's high possible Xauusd will go to down for a while because it touched strong resistant zone. next of down i am going to see can it continue to fall or go to up. I'm thinking of opening lower on the small time frame than the current level, but I don't think I'll take profits too low because it's risky.)
GOLD 3HRSGOLD on 3hr want to retest upper zone, the price action is bullish with a potential correction at higher zone of reaction 2668-2672 and mid risky sell zone will be another break and retest in the zone of 2644-2648.at this level break and close or outright break will mean invalidation of sell structure at 2648-2644 level. The wait to sell higher high and target higher low.
GOODLUCK
GoldXAUUSD ( Gold / U.S Dollar )
Ascending Triangle in Short Time Frame
Completed " 12345 " Impulsive Waves
Demand Zone
Break of Structure and Retracement
Bullish Channel as an Corrective Pattern in Long Time Frame
Short at lower high (Pre trade analysis)I am waiting for a short setup
Once lower high is formed
A bearish candle is formed
Volume is supporting bearish momentum
RSI falling below 40 / showing bearish divergence toward lower high
XAUUSDXAUUASD Timeframe 4h : The chart suggests a possible approach towards the resistance zone where it might face selling pressure.
There are highlighted zones marking potential resistance (2,640) and support (2,560).
Based on these annotations, this chart seems to expect that after testing higher resistances prices may drop again toward lower supports.
