XAUUSD trade ideas
Competition for gold longs and shorts intensifies
The current price of gold is around 2,628.81, indicating that the market has recently shown a certain shock correction. The overall trend has formed a correction trend after a high point (2,664.49), and the price is approaching the key support area. The rising trend line provides long-term support, while the falling trend line limits the upward space of the price.
The hourly line correction range (0.382, 0.5, 0.618, etc.). The price has tested the 0.5 (2,624.00) and 0.618 (2,614.5) levels many times, and has shown support in this range. The current short-term trend may test the support near 0.786 (2,600.98).
Resistance level: 2,633.59 and 2,664.49 are important resistance points. If these positions are broken, the upward space will be opened.
Support level: 2,624.00 and 2,614.5 are the recent key supports. If they fall below, they may further test the support range near the red trend line (about 2,608-2,600).
From the current trend, the price may continue to fall after a brief rebound in the current area, testing the lower support. If the bulls are not strong enough, they may fall further to the area below 2,600. However, if the current key support can be maintained and the recent highs can be broken, there is a chance to regain the upward trend.
Operation suggestions:
Short-term, you can pay attention to the support role of the 2,614.5-2,624.00 range and choose to intervene at a low level. At the same time, set a reasonable stop loss. If it falls below 2,600, you need to leave the market in time. Long-term investors can wait for a clearer direction to be chosen before making a layout.
In short, the current market is at an important decision point. It is recommended to pay close attention to market trends and adjust strategies dynamically based on technical indicators and fundamentals.
GOLD BEARISH CORRECTION 2025 FIRST QUARTER!!!2025 YELLOW METAL BEARISH IDEA. XAU/USD
GOLD SHORT
capricorn_quants
XAUUSD Prediction This is a gold idea , just using simple price action and looking into past data on how Gold has been moving since the year 2024 going to 2025
Gold Next Moves As we can see the gold market, the gold market made a change-of-character two months ago and the market has moved to buy after testing the streak.
And now the gold market will go to 2584 Liquidity Take Again Buy.
Xauusd sell signal Gold price 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 purchases.
Xauusd sell 2636
Support 2620
Target 2612
Small sell
Risk sell
XAUUSD: One last pullback possible, but bullish long term.Gold is neutral on its 1D technical outlook (RSI = 51.979, MACD = -4.490, ADX = 14.647) as once more it got rejected on the 1D MA50, struggling to close a 1D candle over it since December 12th 2024. Technically though, it is on a slow rise on the bottom of the Channel Up, potentially a bottom formation like June 2024. Even though one last pullback like June 26th 2024 is possible, the long term trend remains bullish as long as the 1D MA200 holds. As the July rally did, we aim for a little under the 2.0 Fibonacci extension (TP = 2,850).
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HelenP. I Gold will reach resistance level and then start fallHi folks today I'm prepared for you Gold analytics. Some time ago price rebounded from the trend line and dropped to the resistance zone, which coincided with the resistance level. Then price some time traded near this level and then tried to grow, but failed and continued to decline, breaking the 2640 level. Then it fell to the support level, and even a little below, after which some time traded and then broke the 2600 level and started to grow. Firstly Gold rose almost to resistance level, but then made small corrections and then continued to move up. Some time later price rose to the resistance zone and tried to rise to the resistance level, but failed and when it touched the trend line, the price dropped to the support level. After this movement, Gold rebounded and in a short time rose to the trend line and even broke it. At the moment, I expect that XAUUSD will rise to the resistance level and then start to decline to the support level, breaking the trend line again. For this case, I set my goal at 2600 level. If you like my analytics you may support me with your like/comment ❤️
GOLD ROUTE MAP UPDATEHey Everyone,
Once again our chart idea is playing out perfectly. We got our bearish target now complete at 2600 followed with the weighted bounce and now heading towards 2629 to complete the Bullish target gap that was left short by a few pips yesterday.
We are still seeing price play between the two weighted levels and will one of the weighted levels to 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 - DONE
EMA5 CROSS AND LOCK ABOVE 2629 WILL OPEN THE FOLLOWING BULLISH TARGET
2655
BEARISH TARGETS
2600 - DONE
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!
Its NYE today and the markets closed tomorrow. Looking forward to another smashing year. Wishing you all a blessed year ahead!!
Mr Gold
GoldViewFX
GOLD Update: Should I buy it?OANDA:XAUUSD continues to attract attention even as the US dollar strengthens, fueled by ongoing geopolitical and economic crises that drive demand for safe-haven assets. Prices are consolidating above previous resistance levels and are pushing toward establishing new local highs.
As for gold's price volatility, the upcoming week will feature several key US economic data releases, including employment reports and the Federal Reserve's meeting minutes. These updates are expected to provide investors with greater clarity on the Fed's monetary policy, especially following projections of interest rate cuts in 2025.
Regarding the gold strategy for the new week, Ben personally prioritizes buying strategies if the price remains within the wedge, targeting at least the upper boundary of the price channel. This anticipated upward move is expected to reach the level of 2690.
Analysis of the latest gold market trends:
Analysis of gold news: After two consecutive days of gains, gold prices are currently rising slightly on Thursday (January 9), trading around $2,671. Although market risk sentiment, geopolitical risks and trade risk concerns continue to support the demand for gold as a safe-haven asset, the prospect that the Federal Reserve may slow down the pace of interest rate cuts has boosted the US dollar, thus putting pressure on gold with no yield attributes. The US dollar is currently holding near the two-year high hit last week, further weakening the upward momentum of gold. The rise in risk aversion has pushed US Treasury yields to a slight correction, which to some extent has suppressed the willingness of US dollar bulls to increase their positions and also limited the downside of gold prices. However, the market may be inclined to stay on the sidelines as it awaits Friday's U.S. non-farm payrolls (NFP) report. In addition, speeches by several members of the Federal Open Market Committee (FOMC) have become the focus of short-term trading opportunities during the US trading session on Thursday.
The minutes of the Federal Reserve's December meeting showed that policymakers believed that labor market conditions were gradually easing, while supporting a slowdown in the pace of interest rate cuts to respond to signs of stagnation in inflation deceleration. Meanwhile, the yield on the benchmark 10-year U.S. Treasury note rose to its highest level since April 25 last year on Wednesday, providing support for the dollar and becoming another factor weighing on gold prices. Additionally, geopolitical tensions have also provided some support for gold prices. CNN reported that US President-elect Trump is considering declaring a national economic emergency to provide a legal basis for universal tariffs on allies and opponents. In addition, Israel continues to carry out air strikes on the West Bank.
Technical analysis of gold: From the current market, the lows are moving up and the highs are refreshing. The positive trend of gold the next day fully demonstrates that short-term bulls are taking the initiative, which will undoubtedly increase the probability of gold prices hitting 2670, but as mentioned above, we also need to be prepared for a false break or a real break in the market. From a technical perspective, the daily line is driven by the continuous positive pattern, resulting in the price running effectively above the short-term moving average and the middle track of the Bollinger Band, and the short-term moving average is in an upward pattern at 2645 and 2638 respectively. Other periodic indicators maintain a bullish arrangement, and the macd indicator is in a golden cross upward pattern, so the bulls have the conditions to test strong pressure. However, given that the overall closing of the Bollinger Band has not yet formed a favorable pattern for the bulls, and secondly, the upper high point 2670 is under effective pressure, so while the daily line is bullish overall, it is also necessary to guard against a high and fall in the gold price.
From the perspective of gold 4 hours, after yesterday's pull-up, the price effectively crossed the short-term moving average and the middle and upper rails of Bollinger, and the strength of the bulls was reflected. However, as the gold price fell from the high this morning, it is now running below the upper rail of Bollinger and near the 5-day moving average. The short-term moving average is rising as a whole, but other periodic indicators continue to follow, and the Bollinger band is opening as a whole. In addition, the double lines of the macd indicator extend upward in a golden cross pattern, showing signs of upward volume. Therefore, the overall 4-hour level tends to rebound.
Intraday operation suggestions:
The main idea is to go long on the callback low. For the support below, focus on the 2647-2650 area, and continue to look at the 2670-2680 area above. If the bears break down strongly, it means that the downward space will expand. At that time, you can see the test of the support around 2638. Here, as a strong support shown by the adhesion of the daily 10-day moving average and the 20-day moving average, you can still boldly try to layout multiple orders. For upper suppression, first focus on the 2672-2675 area. If bulls want to achieve strength, they must break through and stabilize this area, otherwise the time period for shorts to control the market will be lengthened. Overall, the short-term operation strategy for gold today is mainly based on low-level bullishness, supplemented by high-level rebounds. The upper short-term focus is on the 2685-2690 line of resistance, and the lower short-term focus is on the 2660-2655 line of support.
Operation suggestions:
For the first time, gold fell back to 2658-2660 to go long, with a stop loss of 2650 and a target of 2672-2675.
Gold (XAU/USD) breakdown 09 JanuarySummary
Gold (XAU/USD) is currently in a symmetric triangle pattern, with potential for a downward move amid upcoming economic events.
📈 Gold is in a symmetric triangle pattern.
📉 Volatility is high in the first two weeks of the year.
🕒 NFP and FOMC events may trigger significant price movements.
🔍 Weekly resistance levels are being respected.
⚖️ The 50% golden zone indicates potential reversal points.
🔄 Recent price actions suggest a potential downside move.
Key Insights
📊 The symmetric triangle indicates consolidation but hints at an impending breakout, likely downwards. This pattern often precedes significant price movements, especially with the current economic backdrop.
🔄 The high volatility in the early weeks of the year signifies market uncertainty, posing risks for traders. Caution is advised as prices oscillate between support and resistance.
📅 The upcoming NFP and FOMC reports are critical events that could catalyze a strong move in gold prices, making it essential to stay alert and prepared for rapid changes.
💡 The weekly high and previous levels are being respected, suggesting a selling pressure at these points, which can lead to further declines.
⚖️ The 50% golden zone is a key area for potential reversals, indicating that traders should be vigilant for entry points within this range.
📉 Recent price action, including closed candles within previous ranges, points towards a possible bearish reversal, reinforcing the expectation of a downward move.
Gold Trade Plan 08/01/2025Dear Traders,
i explained everything in chart,
Safe Area for Sell Gold 2674-2680
1- Top of Double line channel
2- Fibo Level 0.618
3-after 4 Times Reaction to 2664 seems possible to pass this Area
4- Price Now above EMA 200
5-Mini Trendline Broken
5-VFI is below of 0 Level ...
6-if you sell at this level ,Your SL should be Above 2666
If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
XAUUSD GOLD Potential Bullish PatternXAU/USD (Gold) for a potential bullish trade setup.
Entry Point: Between 2634 and 2630
Target: 2660
Bullish (Expecting the price to rise from the entry zone)
To confirm the potential for this trade:
Check for any bullish patterns such as support at the 2630-2634 level, a reversal pattern A confirmation from candlestick patterns (like a breakout or a hammer) could strengthen the case for an upward move toward 2660 Ensure that your stop-loss (SL) is placed effectively, usually a bit below the entry point to protect against invalidation, with a good risk-reward ratio considering your target of 2660.
PS Support with Like and Comments For more insights. Thanks
Buy opp!Hello all. It is a great buy opp with 1:20 R:R. it's an LOZ and will push the price higher. be happy(wink)
Gold soaring on geopolitical pressureTechnical analysis: No surprises so far as Gold still didn’t invalidated the last barrier of #2,662.80 on Spot prices, confirming the last upside wave towards the #2-Month old Resistance zone. Daily and Hourly charts turned Bullish again but based on the Weekly chart’s (#1W) candle regression since end of September, it is safer to Sell after every red engulfing Daily candles (those were on June #4, July #9 and August #2). Bond Yields are on critical crossroads and should stay above first Support, as their spiral downtrend had Bullish after-effect on Gold (Weekly chart is however on # +2.27%). Gold is now Technically and Fundamentally equipped for Buying sequence in continuation, but it is still early to speculate on exact timing since this was last session of Trading week. Technically, both on Oscillators and Candlesticks, Gold should gain value with every Hourly 4 chart’s candle minimum towards #2,672.80 if #2,652.80 benchmark holds (Higher High’s local peak extension).
Fundamental analysis: Gold is holding it’s ground on the Hourly 4 chart (Ranged (leans to Bullish) U.S. session opening and further Hours came as no Technical surprise) as the Price-action rallies, staying above Daily chart’s former Symmetrical Triangle but preserving the Bullish underlying Short-term trend. As long as Gold keep #2,652.80 Support intact, I give more probabilities to the upside - since Price-action failed to test Support and Higher High’s Lower zone extension. The reason is Bearish Intra-day trend on DX (but Bullish Medium-term) and Gold used as an Hedge against Inflation and recession fears rising globally. The Price-action should soon connect with the Hourly 4 chart’s Resistance, which was a trend setter lately and every time it didn’t succeed to hold, Gold risen more than #35 points within #2-session horizon. Personally, after weak Bearish display throughout yesterday’s session, I still favor going Bullish on the Short-term, but ideally I would want to see local High’s broken firmly to be more certain.
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.
It's my brother who makes sales orders with me.Hello my fellow traders! kindly share your opinion on this analysis.
Date: 10 January 2025
Current Price: 2668
Gold H4 candle has rejected 2678position twice which indicates a double top rejection. Currently market is working below its resistance level and is going to test support zone 2633. If market breakout 2633 position then it will have a great drop and its next target will be 2595 which is our demand zone.
Supporting Area: 2633, 2615
Note:
Target 1: 2633
Target 2: 2595
Stop Loss: 2675
XAU/USD (Gold Spot ) Analysis H4My OverView For XAU/USD , Feel Free To Check It And Write Your Feedback In Comments
Please do not forget the like button, Share it with your friends thanks, and Trade safe.
My Analysis for XAU/USD (Gold Spot vs. U.S. Dollar) on 4-hour timeframe critical market levels,
(Strong Support) LEVEL and (Resistance LEVEL)" Traders are advised to execute a sell order at 2649,
with a stop-loss set at 2683 to manage risk. Two take-profit targets are established at 26340 and 2630,
outlining profit-taking points if the price moves downward.
The analysis also provides insights into potential market movements within these key zones,
offering traders clear entry and exit strategies for maximizing gains in the gold market.
Note: This analysis is for educational purposes . Consider market conditions and strategies.
Xauusd Long
This setup shows a potential buy opportunity as the price broke a downward trendline and retested the demand zone (green area). A bullish move toward the target zone (highlighted grey box) near 2680 is expected if the zone holds.
XAUUSD: 4H BEARISH TECHNICAL ANALYSIS (READ CAPTION)✅ Hello Dear Traders Here is XAUUSD (Gold) Signal Here Check it Now And Share your Ideas About it .
📊 According to My this Chart Gold now Running Near Our Trendline Resistance Area That's Why I See Sell On Gold Market
I hope Gold Falls To Given Target Which is 2624, And 2609 So Focus on My Given Target Now.📌
🔑 KEY HIGHLIGHTS
✅ Entry Point. : 2649-2654
✅ Take Profit1 : 2624
✅ Take Profit 2 : 2609
❌ Stop Loss. : 2669
📌 OANDA:XAUUSD Like ,Comment ,And Boost This ideas .
📣 Trade Smart And Profit with Precision .
XAUUSD Short - Regular Price ActionStrong level, I expect some pullback. My thought is that the PMI data wont be negative while we're still in Bidens period.
ADP - NF news impact XAU trend at the beginning of the year⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) steadies after retreating from the $2,665 resistance level, as traders remain cautious ahead of the FOMC Minutes release on Wednesday. Expectations of slower Federal Reserve (Fed) rate cuts keep US Treasury yields elevated, posing a challenge for the non-yielding yellow metal. Additionally, the strong bullish trend in the US Dollar (USD) adds further pressure, limiting Gold's upward potential.
However, the downside for Gold remains limited amid uncertainty surrounding President-elect Donald Trump's proposed tariff policies. Anticipation that his protectionist measures could fuel inflation supports Gold's appeal as a hedge against rising prices. Combined with trade war concerns, geopolitical tensions, and a risk-averse market sentiment, these factors are likely to sustain demand for the safe-haven asset, urging caution before taking decisive positions on Gold's intraday direction.
⭐️Personal comments NOVA:
Gold price is still maintaining the accumulation price zone, buyers have a slight advantage. Waiting for ADP-NF and NF news to expect gold price to increase more.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2619 - $2617 SL $2612
TP1: $2625
TP2: $2638
TP3: $2650
🔥BUY GOLD zone: $2633 - $2631 SL $2628 SCALPING( Asian and European sessions )
TP1: $2637
TP2: $2642
TP3: $2650
🔥SELL GOLD zone: $2684 - $2686 SL $2691
TP1: $2675
TP2: $2660
TP3: $2650
⭐️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
Gold Trade Plan January 2025Dear Traders,
The gold price is currently trapped within a range and a triangle pattern on the chart. Based on my analysis, the probability of a breakout to the upside is lower. I've marked two potential breakout scenarios on the chart. I anticipate that the price will surge from around 2530 to reach a target of 2740."
chart will be update during the week,
"If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
