Gold Next possible moves Keep holding guys Gold Market Touches 2615 to Go Again Buy Wait for Perfect Entry.
XAUUSD trade ideas
Gold Analysis Today (XAU/USD)XAU/USD has been experiencing selling pressure, I recommend selling gold at 2622
SL: 2627
TP1: 2618
TP2: 2613
Gold Pattern FormationThis commodity has been forming a rising flag for the past few days (which IMO is a strong indicator of a bullish momentum.
I was waiting for the price to hit the bearish order block at 2629 with the SL at 2640 but my entry will be at 2620, SL at 2635 and targets at 2581 and 2535.
World gold price todayOver the past 10 years, January has typically been the best month for gold. However, Low said that is not necessarily true in the post-pandemic era when countries are still struggling. He pointed out that while recent data shows that Chinese gold demand has been strong over the past 12 months, some US factors could hold back gold prices this month. Investors are still looking at the hawkish factors at the US central bank’s final policy meeting of the year, he said. The revelation that the Fed will slow its pace of rate cuts this year has put the US dollar in a good position, which is not very positive for the precious metal.
Another issue Low noted was that the technical outlook for the yellow metal had deteriorated somewhat over the past week. He observed that prices had fallen below the 100-day moving average for the first time in more than a year. Although prices have rebounded in subsequent sessions on the back of buying from investors, he noted that this is also a negative sign for gold.
Gold (XAUUSD) Short OpportunityGold (XAUUSD) Short Opportunity
Technical Analysis:
On the 1-hour chart, Gold (XAU/USD) is approaching a significant resistance level near $2,640.00, with two key resistance areas identified at $2,647.90 and $2,641.50 which are crucial levels to. The recent price action suggests potential for a bearish reversal from this resistance zone.
Entry Point: Near the current market price of around $2,633.
- Stop-L (SL):** Above Resistance Area 2 at approximately $2,647.90.
Target 1: Around Support Area 1 at approximately $2,623.50.
Target 2: Deeper support at approximately $2,605.50.
Fundamental Analysis:
Fundamentally, gold prices could be influenced by macroeconomic data releases or geopolitical events that impact market sentiment towards safe-haven assets like gold. Current global economic conditions and central bank policies should be monitored closely to gauge further movements in gold prices.
Given the confluence of technical pointing to a potential retracement and fundamental factors influencing market sentiment around precious metals:
🔔 This setup offers an attractive risk-reward ratio for traders looking to capitalize on short-term bearish movements in Gold prices.🚀📉
Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies.
Please do not forget the like button, Share it with your friends,thanks, and Trade safe.
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: 2645
GOLD SENTIMENT STILL BULLISHGold continues to trade within a bullish framework, an upward trendline above the $2,600 mark. Immediate resistance lies at $2,650, with further upside targets at $2,669 and $2,690. A breakout above these levels could confirm additional bullish momentum
GOLD 45MINGOLD ON retest of 2621 support continued in the bullish leg of 2606 impulse ,on technical it could reach 2644-2648 for sell.
and extreme volatility could reach 2674.
watch out 2644 level
GOLD Is Going Up! Long!
Here is our detailed technical review for GOLD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 2,621.75.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 2,686.96 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!
Is gold losing its support?
Or considering the resistance in the range of 2651, after breaking this area, one can expect a rise towards the level of 2678.
Otherwise, with a break below the support level of 2609, one might anticipate a drop towards the range of 2584.
Long XAUUSD trade setup, ICC conceptsXAUUSD seems recovering from this long correction, finally breaking back above that important level, from here buyers are in control, higher supports, the correction is over we're in the continuation and my target is around $2,737.
Gold - still looking to buy!Hello mates, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trade on what we see the price movement on chart. A key part of my discipline is always setting a Stop Loss when opening a trading position. This ensures every trading position is risk managed. Our 1 to 1 trading training is available, please message. Trade well and good luck!
xauusd sell strong fall full safe trade for sell xauusd sell big fall soon if you want daliy trade then fallow my chart my target is 2590 fallow my trade Markets are struggling to find a reason to move too much in either direction ahead of the New Year’s market closures, which will see most global exchanges shuttered during the middle of the trading week xauusd sell now 2610;2616/sl 2620 tp 2600 more tp 2590 and target 2580
XAUUSD: Year End ReviewWow what a year it has been!
It's one thing for Tradingview to give us our stats, but it's an entirely different animal when looking at my individual trades head on like this. I can see where I over traded and when/where I made some much needed tweaks.
The tweaks that were made we're so much my strategy as much as it was mindset - taking fewer trades and letting them run longer. On average 2-4 hours.
I learned so many lessons the main one being less truly is more .
So often I would struggle looking at my losing trades and really reviewing my mistakes. Looking at my metrics on my Topstep account allowed me to refine my mindset. I knew when my most profitable days were/are, how long I should hold my trades to allow them to play out to full TP, and arguable the most important stat - when to stay out of the market.
By analyzing just these three metrics I was able to end the year in profit and believe it or not I was able to finish 4 out of 6 months in profit and get funded/pass my trading combine/evaluation.
This isn't the first time I've been funded. However this is the first time and longest time I have kept my account and the closest I have gotten to a payout.
My trading goals for 2025 is to of course get 1 payout per month and earn 4 more funded Topstep funded accounts. This will max out the number of accounts I can have with Topstep. The best part is I can put all 5 accounts on their integrated trade copier.
I decree and declare over myself that 2025 is going to be my best, most profitable, and most prosperous year to date - IN JESUS NAME! AMEN!
A bearish start to the year?here we can see golds possible bearish start to 2025. After a pull back seeking liquidity, gold is now under pressure from resistance and an old trend line, which can stop gold from creating a higher high. bearish continuation could see gold fall to 2605 a strong support then 2585 to 2584
GOLD NEW YEAR MOVE POSSIBLE As the new year come I'm expecting gold keep going bullish and there are high chances to cross 2800 and my be new year crossing 2850 let me know what do you think and do your own anyliss and tell me what are you expecting from gold on 2025
Gold vs PPI13 months later...
This imagined roadmap played out very well, almost to perfection.
Gold reached its reverse symmetry move target versus the Producer Price Index.
A consolidation here should be expected.
xauusd buy analysisGreetings everyone i have analysed the market and here is the chart dont forget to like and comment
market is respecting the support zone from couple of hours and it is a good reason to buy gold . market can go up and can touch 2634 that is strong resistance
main points
entry point 2610
target 2634
stoploss 2600
follow me for more and also like and comment
xauusd buy analysistoday i am here to provide you perfect analysis of gold today
market is supporting this area (2620) from this area market can move upto to resistance shown in the chart when market will touch resistance zone maybe market can come down from the resistance and if market break the resistance it will fly high
main points
entry 2620
resistance 2630
support zone 2620
target 2640
follow me for more updates and analysis and dont forget to drop your ideas
Gold Analysis: Key Levels and Scenarios
This technical analysis of GOLD illustrates an upward trending structure within an ascending channel, with key support and resistance zones highlighted. Here's a detailed breakdown:
Key Elements of the Analysis:
1. Ascending Channel:
The chart shows an upward-sloping channel defined by two parallel trendlines (upper and lower). The current price is moving within this channel, respecting the support and resistance levels within it.
2. Horizontal Zones (Support and Resistance):
The gray zones on the chart indicate important areas of support and resistance:
Support: Zones below the current price where the price may pause or reverse upwards.
Resistance: Zones above the current price where the price might face challenges before breaking higher.
3. Possible Scenarios:
Two potential scenarios are depicted, indicating how the price could behave:
Bullish Scenario (Upward Movement):
The price moves toward the lower boundary of the channel (support), holds at that level, and then reverses upward, breaking through nearby resistance levels and continuing to the channel's upper boundary.
Bearish Scenario (Downward Movement):
If the price breaks below the lower boundary of the channel and the support zone (around 2,600), it may continue falling toward lower levels.
4. Critical Line (Blue Line):
The blue horizontal line appears to represent a key psychological level or a significant long-term support area.
What to Watch For:
If the price holds at the channel's support and reverses upward, this could signal a short-term buying opportunity. If the price breaks below the channel's support and the critical zone (2,600), a deeper decline toward lower levels is expected.
Analysis Gold (XAU/USD) – Potential Short Opportunity
The chart indicates a potential selling zone highlighted in blue, where price recently rejected. A bearish move is anticipated towards the marked demand zone (pink).
Entry Point:
Look for confirmation near the upper resistance zone (~$2,623).
Targets:
1. Take Profit 1: $2,610.19
2. Take Profit 2: $2,600.67
Analysis:
The market structure suggests a pullback after rejecting the resistance, aiming for lower support levels. Monitor price action and candlestick confirmations for entry.
big picture of GOLD for next yearGOLD will fall badly in 2025...but it will have another ATH around 2900-3000 USD and after that it will crash to 1700-1500 usd in 2025 year...i do not the fundamental reason for this crash but elliot wave analysis will give us a clear map road for gold in next year....have a good year trading
