Gold1) A symmetrical triangle breakout
2) previous trend break
Order type : Buy Stop
EP : 2728.30
SL : 2583.68
TP : 2872
XAUUSD trade ideas
GOLD WEEKLY CHART MID/LONG RANGE ROUTE MAP UPDATEDWeekly GOLD Analysis: February 2024
Hello Traders,
Here’s a weekly chart analysis of the GOLD, offering a comprehensive view of recent market trends and future predictions. Our diligent tracking since October 2023 has consistently delivered 100% target accuracy, as evidenced by the marked Golden Circle areas on the charts. Let’s dive into the highlights and what lies ahead.
Recap of Recent Successes
Weekly Chart Highlights:
Last week, the market flawlessly followed our predictions:
* Key Level 2735 ✅ DONE
* Entry Level 2735.88 ✅ DONE
* EMA5: Crossed and locked above Entry ✅ 2735 DONE
* Bullish Target TP1: 2877 ✅ DONE
* The FVG zone around 2735 sustained bullish momentum, while resistance was broken, leading to a new all-time high of 2886.
What’s Next for GOLD? Bullish or Bearish?
We anticipate continued bullish momentum with updated GOLDTURN levels and refined targets.
Key Level: 2735 remains critical.
EMA5 Behavior:
* If EMA5 holds above 2735 and crosses/locks above TP1 (2877), the next target is TP2 (3018), followed by TP3 (3160).
* A failure to hold above 2735 could indicate bearish momentum, prices will be retesting support at 2595 in the demand zone.
Recommendations & Strategy:
* Focus on EMA5: Its behavior near 2735 and TP1 will provide clear direction for short- and long-term trades.
* Support Levels: GOLDTURN levels at 2735 and 2595 are critical for identifying reversal zones and optimal dip-buying opportunities.
* For precise entry and exit points, review our daily, 12H, 4H, and 1H analyses to navigate the market confidently.
* Slight pullbacks may occur, with potential reversals near GOLDTURN levels.
* Long-Term Outlook: The monthly chart suggests sustained bullish momentum, offering excellent opportunities for dip-buying near key support zones.
Stay Updated:
We’ll continue to share daily updates, insights, and strategies on our TradingView channel and YouTube channel every Sunday. Don’t forget to like, comment, and share to support our work and help others benefit!
The Quantum Trading Mastery
Sharing a strategyFor my scalping or Intraday trade, I created this pine script combining various indicator (namely the famous Alphatrend by @KivancOzbilgic, Previous Day Close and 52WeeksHigh/Low) into one indicator.
If price goes above the PDC and Alphatrend is a buy then I will make quick long trade. If price goes below the PDC and Alphatrend is a sell then I will make quick short trade. I added a percentage based on PDC to give me where I need to put my stoploss. Not really important as I always have proper risk reward ratio but it comes handy most of the time.
Bullish momemtum to extend?The Gold (XAU/USD) is falling towards the pivot which lines up with the 61.8% Fibonacci retracement and could bounce to the 1st resistance.
Pivot: 2,873.49
1st Support: 2,839.87
1st Resistance: 2,917.79
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GOLD is ready to push againNo comment needed. All information is in the chart analysis.
Steps to follow:
Analyze yourself.
Take the position with SL and Take Profits.
Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :)
Get the result.
I will update the trade every day.
Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger!
Good trades, Traders!
The golden bear
MARKET STRUCTURE FOR GOLDIn this analysis I'm looking for a buy trade opportunity. According to my analyze and my strategy I'm expecting that gold price retest first at least my demand zone and then pushing up again. Let's delve deeper into these levels and potential outcomes.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
#XAUUSD 15M Technical Analysis Expected Move.
Gold → Accelerating Upwards NorthOANDA:XAUUSD returning to the trend following news (inflation). The northbound train may continue from 2907. Upcoming unemployment claims and PPI data.
Gold is supported by uncertainty surrounding Trump's tariffs and economic data from the United States. The Fed remains hawkish due to rising inflation, pushing bond yields higher and driving prices down to $2,865 briefly. However, buyers quickly returned, pushing prices back up.
Meanwhile, traders are awaiting PPI data which could influence Fed policy.
Technically, prices are consolidating in the buying zone compared to key points at 2900 and 2907. If buyers can hold and strengthen above the 2907 resistance level, gold could update ATH in the medium term. Additionally, focus is on 2918 - 2920. Price consolidation above this zone will also support prices.
Best regards,
Bentradegold!
GOLD → Waiting for news. What next?OANDA:XAUUSD during the adjustment period, we are monitoring key risk zones from which the trend may continue or the correction could extend longer...
The focus today is on the scheduled US CPI data release, which could provide new momentum for gold.
Markets remain concerned about Trump's tariffs potentially triggering inflationary pressures, which could allow the Fed to maintain its hawkish stance.
The US dollar strengthened significantly following speculation that the Fed will keep interest rates unchanged in the near future, putting pressure on gold prices for the second consecutive day on Wednesday.
However, Trump also hinted at considering additional tariffs on goods, raising concerns about a global trade war and serving as a catalyst for this safe-haven precious metal.
Gold's next movement depends on inflation data and Trump's tariff levels. If CPI exceeds forecasts, the dollar will strengthen and gold prices will decline. Conversely, weak data could support the metal's growth.
Resistance levels: 2898, 2911, 2930
Support levels: 2880, 2870, 2855
From a technical perspective, breaking above the support level at 2880 indicates the market remains bullish and quite aggressive. If buyers maintain prices above 2880-2885, then in the short and medium term, we should expect prices to rise to 2930-2950.
If gold breaks below 2880 and stays under this zone, market liquidation could occur and prices may fall to 2855, 2848, after which we can expect gold's growth to resume.
GOLD/USD1.4h
2.upt/upt
3resist/all time high/
4.bearish exp triangle/bearish exp triangle/
5.rsi57/sto55/vol//rsi70/sto73/volbearish
6.
7.fibext below/
8.fibretracem below/
9.
10.
11.1/2
12.
13.spinning top/bearish engulfing forming/
14.downtrend/
1.2H
2.upt
3.resist/
4.bearish engulfing /
5.rsi65/sto66/vol
6.
7.fibext below/
8.fibretrace below/
9.
10.
11.1/2
12.bearish divergence/
13.tweezer top/
14.bos forming
1.1H
2.upt
3.reist
4.double top
5.rsi65/sto66/volbearish
6.
7.fibext below/
8.fibretrace below/
9.
10.
11.1/2
12.bearish divergence/
13.bearish engulfing
14.exp rsi bos/
Market needs to consolidate before the bos on the higher timeframe
TODAY GOLD SCALPING FORECASTThis SCALPING FORECAST
Opportunity for GOLD. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR).
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
GOLD rises above $2,900 with further upside targetsUS President Donald Trump vowed to impose "retaliatory tariffs" on all countries that impose duties on US imports as early as Wednesday evening (February 12) local time, raising concerns about the expansion of the global trade war and possibly accelerating US inflation. This is beneficial for gold to recover quickly.
Trump's latest round of tariffs unsettled markets comes just as Indian Prime Minister Narendra Modi prepares to visit the White House on Thursday. The Trump administration has complained that India's high tariffs have hindered U.S. imports.
Economists generally view tariffs as an inflation risk, with data released Wednesday showing U.S. consumer prices rose the most in nearly a year and a half in January.
OANDA:XAUUSD jumped $45 from Wednesday's low
After the release of stronger-than-expected US CPI data on Wednesday, spot gold prices fell sharply to $2,864 per ounce in early New York trading on Wednesday.
The U.S. Bureau of Labor Statistics reported Wednesday that the U.S. Consumer Price Index (CPI) rose 0.5% month-on-month and 3.0% year-over-year in January. Economists surveyed by Dow Jones expected the data to rise 0.3% month-on-month and 2.9% year-over-year.
Excluding volatile food and energy prices, core CPI rose 0.4% month-on-month and 3.3% year-on-year in January, while economists expected increases of 0.3% and 3.1%, respectively.
Economists have generally raised their inflation forecasts since Trump was elected out of concern that his policies, especially tariffs, could spark price pressures in the economy.
Gold is considered an inflation hedge, but because gold does not earn interest, a higher interest rate environment reduces its investment appeal.
However, fueled by safe-haven demand, gold prices have recovered strongly from lows. During the New York trading session on Wednesday, gold prices jumped above the original price of 2,900 USD and as of the time this article was completed it was trading at around 2,909 USD/ounce, up 45 Dollars compared to the level from yesterday's trading day.
Central banks' gold demand has increased as the World Gold Council (WGC) reported that central banks bought more than 1,000 tons of gold for the third consecutive year in 2024. According to the World Gold Council, central banks' gold purchases increased more than 54% year-on-year to 333 tons after Trump won the election.
Gold's recent rally has come alongside an influx of money into exchange-traded funds (ETFs) backed by the metal. According to Bloomberg calculations, global gold ETFs have grown more than 1% this year, reaching their highest level since November last year.
Technically on the daily chart, after OANDA:XAUUSD took support from the Fibonacci extension confluence with the upper edge of the price channel, it quickly recovered above the original price point of 2,900 USD. This was noted to readers in yesterday's edition.
Given its current position, it has room to continue rising with a target of around $2,927 in the short term, more than $2,952.
As long as gold remains within the price channel, the short-term uptrend will still prevail, while the Relative Strength Index has not shown any clear signs of a potential correction.
During the day, gold's uptrend will be noted again by the following technical levels.
Support: 2,900 – 2,891 – 2,869USD
Resistance: 2,927 – 2,952USD
SELL XAUUSD PRICE 2931 - 2929⚡️
↠↠ Stoploss 2935
→Take Profit 1 2923
↨
→Take Profit 2 2917
BUY XAUUSD PRICE 2878 - 2880⚡️
↠↠ Stoploss 2874
→Take Profit 1 2886
↨
→Take Profit 2 2892
GOLD (CPI AHEAD....)Gold prices are influenced by the latest economic data, including CPI figures and Powell’s testimony. The Core CPI (MoM) exceeded expectations at 0.3% (vs. 0.2% forecast), while the CPI (YoY) remained at 2.9%, indicating persistent inflation. This could prompt a more hawkish Fed stance, strengthening the USD and pressuring gold. However, if inflation is seen as stabilizing, expectations of a less aggressive Fed may support gold.
Powell’s upcoming testimony is key—hawkish signals could weigh on gold, while dovish comments on potential rate cuts or a policy pause may boost its safe-haven appeal.
With the price of gold currently testing the 2880 support level, the market reaction to these events will be critical. If buyers step in, gold could regain upward momentum, potentially aiming for the previous high of 2937 and beyond. However, if the support fails and selling pressure increases, a further decline toward 2860 and lower levels could be seen. The interplay between inflation expectations, Fed policy signals, and broader market sentiment will determine the next move for gold.
Accumulated below 2900, in early uptrend⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) remains under slight pressure for the second consecutive day but holds steady just below $2,900 during the Asian session on Wednesday. A modest uptick in the US Dollar, following Fed Chair Jerome Powell’s hawkish remarks, weighs on the metal. However, concerns over the economic impact of President Donald Trump's trade tariffs and rising global trade tensions continue to support gold’s safe-haven appeal.
Investors remain cautious ahead of the latest US consumer inflation data, set for release later today. This key report will shape expectations around the Fed's rate-cut trajectory, influencing USD demand and gold's next directional move. Despite Tuesday’s sharp pullback from the $2,942-2,943 region, uncertainty surrounding Trump’s policies suggests caution before betting on further declines or a new record high.
⭐️ Personal comments NOVA:
Moving stably around 2900, gold accumulates and waits for an opportunity to continue increasing in price. The US tariff situation is still very tense.
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2942 - $2944 SL $2949
TP1: $2935
TP2: $2922
TP3: $2910
🔥 BUY GOLD zone: $2835 - $2837 SL $2830
TP1: $2842
TP2: $2850
TP3: $2860
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
BUY GOLD NOW!!!!!!XAUUSD completed my sell order post this morning now we have the price forming a falling wedge breakouts with a long liquidity sweep from the POC and as well of rejections off the FVG zone am holding till target 2942 is completed
JOIN AND ENJOY........
GOLD - its a big trap , don't be lazy#GOLD. in today 2881 is the full n final area for buyers,
dont be lazy and dont hold your buying positions guys, its a big trap.
below 2881 we have 2867 as a first supporting area ..
good luck
trade wisely
Gold NEW ATH to $2,912?! (VIDEO ANALYSIS)4H chart has hit our resistance zone & rejected. But, on the smaller TF we're currently seeing a re-distribution schematic play out on Gold ahead of its sell off which means we MIGHT see 1 more new ATH. Re-distribution schematics normally take place in between Wave 3 high, Wave 4 low & Wave 5 high.
This sell off schematic normally builds up within a 'Flat Correction' channel, which traps in early sellers & late buyers into the market. This is why it's a hard pattern to recognise.
⭕️POI 1: $2,857 - $2,848
⭕️POI 2: $2,826 - $2,817
Gold at $2,918 – Breakout to New ATH or Correction Ahead?Gold (XAUUSD) Technical Analysis
Gold is trading near $2,918, a key pivot level. A breakout or rejection at this level will define the next move.
🔑 Key Levels
📌 Pivot Point: 2918
📈 Resistance Levels: 2934, 2956, 2974
📉 Support Levels: 2896, 2880, 2872
Market Outlook:
A confirmed 4H candle close above 2,918 will push gold toward 2,934 and 2,956, with a possible retest of the ATH at 2,974.
A failure to hold 2,918 may trigger a correction toward 2,896 and 2,880.
💬 Will Gold break above 2,918 or correct lower? Drop your thoughts below! 👇🔥
GOLD → The northbound train continues to make its way to 3KFX:XAUUSD continues its aggressive rally. The reasons for growth are the same as before - high economic risks. The price is getting closer and closer to the cherished goal of $3000.
Gold exceeded $2,850 at the beginning of the week in the U.S., but its growth is limited by the strengthening of the dollar due to increased trade risks.Trump announced new 25% tariffs on imports of steel and aluminum.
Gold is further supported by rising PBOC reserves and expectations of stimulus from China. However, the dollar may continue to strengthen ahead of US inflation data, limiting gold gains. Expectations of a dovish Fed and trade risks will help contain gold's decline.
Technically, the next two levels are important for us: the psychological level of 2900 and the key support of 2882.
Resistance levels: 2900 (not confirmed)
Support levels: 2882, 2870, 2855
The bulls can consolidate above 2900 without a pullback and continue the rally, but the most likely scenario is a false break of 2900, correction to 2882 to accumulate liquidity before continuing the rally northward
Regards R. Linda!
GOLD: Sellers are about to dominate Pressure building up. Buyers are countering every attempted pressure from sellers but the market has to give back at least part of what it takes. Giving back is about to start.
Do not over risk
Always apply risk management
Follow for more
Once trade touches 200 pips profit. Set Breakeven
GOLD TRADING +2888 AS EXPECTED / MONDAY(10-FEB-2025)Gold (XAU/USD) 4-Hour Chart Analysis
Trend Analysis:
The price is currently in an ascending channel (marked by parallel purple trendlines).
The overall trend is bullish, as price continues making higher highs and higher lows.
Support & Resistance Levels:
Support Zone: Around $2,820 (marked in blue), which aligns with a previous consolidation area.
Resistance Levels:
$2,930 (strong resistance)
$2,947.49 (next target level)
Possible Price Movement (Scenarios):
Bullish Continuation (Primary Outlook):
Price could make a pullback to the red trendline ($2,860) or the support zone ($2,820).
After retesting support, a bounce toward $2,930 - $2,947 is likely.
Bearish Breakdown (Alternative Outlook):
If the price breaks below the blue support zone, a further drop to $2,786 could occur.
Indicators & Confirmation:
Trendline Bounce: A strong bounce from the red or purple trendlines would confirm continued bullish momentum.
Breakout Above $2,900: Would signal further upside movement toward $2,930+.
Conclusion:
Bullish bias remains intact unless the price breaks below key support levels.
Watch for pullback opportunities around $2,860 - $2,820 for potential long entries.
Key target remains $2,930 - $2,947 if the trend continues.
GOLD TRADERS, DON’T MISS THIS SETUP!🚀 GOLD TRADERS, DON’T MISS THIS SETUP! 📉📈
⚡ Breakout or Reversal? The Next Big Move in Gold is Coming!
This chart presents a high-probability setup for Gold (XAU/USD), where the price is at a key decision point!
🔹 📊 Technical Breakdown: ✅ Price Action: A recent uptrend approaching a critical reversal zone! ✅ Moving Average Crossovers: Key signals that have historically triggered strong moves! ✅ Target Levels: 🔵 TP1: $2908 🔵 TP2: $2894 🔵 TP3: $2864 ✅ Stop Loss: Set at $2946 for risk management.
📢 This setup could provide an excellent opportunity for traders! Will Gold see short-term selling pressure or break out to new highs? Drop your thoughts below! 👇👇
🚀 Follow for more expert insights! #GoldTrading #Forex #TradingView #XAUUSD
XAUUSD(Gold) FORECAST (MUST READ CAPTION)Hello Dear Friends Check out my XAUUSD(Gold) Signal and share your important thoughts in comments section.
Date 10-02-2025 Monday
XAUUSD(Gold) Running Near to 2870-2880 According to my personal analysis gold will move bullish up to my given Target which is indicated ,Gold can retrace to 2852 which is also my support level, 2897.6 is strong resistance Zone .
KEY HIGHLIGHTS :
Retracement Zone :2852
Resistance Zone : 2897
Target points : 2930
Support with Likes & Comments Share your feedback about my Signal.
Gold Potential UpsidesHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2870 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2870 support and resistance area.
Trade safe, Joe.
