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XAUUSDG trade ideas

XAUUSD Is a quick pull back justified here?Gold / XAUUSD is on a strong short term Channel Up that reached today the 4hour MA200. This is the final Resistance before further upside is confirmed to a new All Time High. Having completed a +5.40% rise, this is a technical point where all 3 previous Channel's pulled back to the 0.382 Fibonacci. Sell and target 2630 (0.382 Fib and possible contact with the 4hour MA50). Previous chart: Follow us, like the idea and leave a comment below!!
FX_IDC:XAUUSDShort
by TheCryptagon
GOLD - Potential for Correction Wave CGold is nearing a completion of Wave B. We need to wait for rejection to confirm the start of Wave C. Overall, the Bullish momentum has been very strong due to ongoing conflicts however as we approach end of year, we may see a stronger dollar due to profit takings. Trump is also coming in Power in Jan 2025, so this will give a Bullish momentum to Dollar as well. If the Above Resistance level is broken, then this analysis will be voided and we should see Bullish move on Gold. For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management. If you found this analysis helpful, please consider boosting and following for more updates. Disclaimer: This content is for educational purposes only and should not be considered financial advice.
OANDA:XAUUSDShort
by MarketsPOV
XAU THE COLLAPSE/RETRACE : TIME TO QUIT BUYINGi expect it to start at one of the 2 points and end at one of the levels below rationally speaking maybe an 8% decline the rally might lead to a crash/retracement depending on whatyou call a crash 8%,25% idk. firstly what lead to this increased activity in gold central banks demand The growth was wild this year fueled by a race for dominance among currencies as the dollar poses more uncertainity and trust (the premise of money in this confidence game) regional conflict Wars oh welp buy gold fed policy pivot jerome powell ................. overbought and a lot of buyers are gonna be cashing in their profits but increased mining activity as the worlds scours for whatever gold they can buy so still a whole lotta room to run
PEPPERSTONE:XAUUSDShort
by Bekiumuzi_Dube
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Adopting an investment mindset is a continuous journey, but its benefits—long-term growth, stability, and reduced stress—are undoubtedly worth the effort. Conclusion Grasping the difference between investing and gambling is essential for anyone seeking success in the financial markets. While the allure of quick profits through gambling may be tempting, it frequently leads to financial disaster. In contrast, investing demands patience, strategy, and discipline, yielding consistent, long-term growth. By identifying gambling tendencies within your trading behavior, you can transition toward a more structured, investment-focused mindset. Taking control of your trading methodology means meticulously planning your trades, managing risk, and concentrating on long-term results. The key to forging lasting wealth in financial markets lies in disciplined investing, not reckless gambling. Read also:
OANDA:XAUUSDEducation
by FOREXN1
1
Gold’s Next Move: Key Levels to Watch Amid ConsolidationGold is currently consolidating on the lower timeframes within the range of 2576 to 2559, maintaining its bearish trend. The next significant support level is at 2529, with a demand zone just below at 2518, where a daily engulfing candle is evident. This area is likely to prompt a price reaction, potentially leading to a retracement toward 2610 as the market retests the recent break of structure and trendline. Another key level to monitor is 2480, which could attract significant interest. On the upside, if gold breaks and stabilizes above 2577, the initial target would be 2688. A successful break and retest of this level would pave the way for a continued move to 2610.
OANDA:XAUUSDLong
by samstoobad
GOLD Massive Short! SELL! My dear friends, GOLD looks like it will make a good move, and here are the details: The market is trading on 2701.9 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 2651.6 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
OANDA:XAUUSDShort
by AnabelSignals
1
Sell order engaged / #2,545.80 only Support ahead of #2,500.80Technical analysis: Price-action is now circling the #2,552.80 benchmark but not gaining more Bullish momentum as Buyers expected, as it seems that DX found the Support fractal. I can't speculate how far or downwards Price-action can go fuelled by new market dynamics, only follow it Technically. And Technically on huge declines, moving the Stop-loss in Profits every #5 - #8 points) will be acceptable Risk at the moment, as Buying on such Bearish bias is not advisable. Gold is approaching again the Lower High’s trendline of the Hourly 4 chart’s Volatility (on one of the strongest Intra-day mixed values since late May), slightly above my Support zone which is an ideal Selling point (as I implemented Selling every Top strategy when DX was testing #20-Year High’s, delivering excellent Profit). As discussed, unless #2,545.80 - #2,552.80 breaks, Price-action within is Neutral, leans to Bearish side more and suitable only for Sellers. As expected Gold reacted to the DX gains strongly with every Daily candle and broke through the Lower layer of the Rectangle, but current defence line poses as the strong Support which may engage Intra-day recovery on the asset. I will continue Selling (tight Stops) as long as DX is on Selling sequence and keep in mind that major Bullish reversal is out of question as long as DX is on relief rally. My position: Gold is showcasing underlying Bearish trend and is comfortably Trading near #2,552.80 psychological barrier throughout the session (Xau-Usd Spot prices). The pullback can extend as High as the Resistance (former Support now turned to Resistance) on Daily chart which is currently Trading at #2,572.80 - #2,582.80 and if #2,582.80 gets invalidated, I do expect #2,600.80 benchmark test in extension before new Short-term Sellers appear (less likely). The real market news should soon enough be digested by market and due halt on DX, current session most likely won’t reveal any major clues unless #2,545.80 Support gives away. If #2,545.80 Support fails to hold, #2,527.80 is the next Support to be filled and expect a Lower High’s Lower zone to be met there. Therefore I have engaged re-Sell order with #2,570.80 entry point / optimal Target remains #2,545.80 Support and if Support gets invalidated, I will close my order and re-Sell Gold below (#2,500.80 benchmark Target).
OANDA:XAUUSDShort
by goldenBear88
1
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between two weighted levels with a gap above at 2704 and a gap below at 2682. We will need to see ema5 cross and lock on either weighted level to determine the next range. We will see levels tested side by side until one of the weighted levels 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 2704 EMA5 CROSS AND LOCK ABOVE 2704 WILL OPEN THE FOLLOWING BULLISH TARGET 2725 EMA5 CROSS AND LOCK ABOVE 2725 WILL OPEN THE FOLLOWING BULLISH TARGET 2753 BEARISH TARGETS 2682 EMA5 CROSS AND LOCK BELOW 2682 WILL OPEN THE FOLLOWING BEARISH TARGET 2657 EMA5 CROSS AND LOCK BELOW 2657 WILL OPEN THE FOLLOWING BEARISH TARGET 2638 EMA5 CROSS AND LOCK BELOW 2638 WILL OPEN THE SWING RANGE RANGE SWING RANGE 2621 - 2608 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! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
20
Gold reduced! The target is aimed at 2514⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) extends its decline for the fifth consecutive session, hitting its lowest level since September 19 near $2,558 during Thursday’s Asian session. Persistent US Dollar (USD) strength, fueled by optimism over President-elect Donald Trump's pro-growth policies and expectations of a Federal Reserve (Fed) pause in easing, keeps pressure on the non-yielding metal. Elevated US Treasury yields and a strong USD, which reached its highest level since November 2023, further weigh on Gold. Additionally, Wednesday's US Consumer Price Index (CPI) report signaled slower progress in reducing inflation, suggesting fewer rate cuts in 2024. Coupled with a bullish run in US equity markets, this has driven investors away from Gold. Traders now await the US Producer Price Index (PPI) release for near-term direction, with attention on Fed Chair Jerome Powell's speech later today. ⭐️Personal comments NOVA: The H4 price frame shows a strong downtrend, pay attention to the support zone, buyer liquidity here is quite large 2548 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2580 - $2582 SL $2587 TP1: $2565 TP2: $2550 TP3: $2530 🔥BUY GOLD zone: $2515 - $2513 SL $2508 TP1: $2525 TP2: $2540 TP3: $2560 🔥BUY GOLD zone: $2548 - $2550 SL $2545 scalping TP1: $2558 TP2: $2564 TP3: $2570 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDShort
by Nova-Scalper
4
Gold trading today. Possible direction. Bullish on Russia SHaven Gold and Silver are up nearly 2% already. Topping formations are noted on lower timeframes. PMI & Inflationary expectations in the data coming up. I think Gold price could pull back in the next hour or 2 as there is weakness below 2697 (red line chart). Price will probably pick up support after a maximum of 0.5% drop to green area in chart. I think buyers will move in around that level 0.5% approximately down and buyers will set in. I think that with Cryptocurrency shining the market is not paying as much attention to inflation data. Cryptocurrency is the future and this is being priced into the dollar movements, which is perhaps a similar reason given Cryptocurrency and Bitcoin about to take 100,000 that the Gold price is also moving bullishly despite the USD$ rallying. In other words, a divergence aways from this inverse relationship between gold and the US dollar. Just my thoughts, nobody else's. Update: Yes price just broke through a double bottom on 5m. Down to the support zone I have marked see it holds. Even the MACD says price is going a bit lower. I still expect price to reverse to the upside within the next little while.
CAPITALCOM:GOLDLong
by Easy_Explosive_Trading
Gold to Correct Before PPI, Targeting $2470 As we examine the recent price action of XAU/USD, gold continues to exhibit a pronounced bearish trend amidst a robust wave of demand for the U.S. dollar. This ongoing downtrend has seen the metal consistently test and breach key support structures, recently breaking through the significant level of 2547. Traders are closely watching for signs of a potential false breakdown in this zone, which could pave the way for a temporary counter-trend correction. Such a move may set the stage for intraday opportunities, especially as we approach crucial economic events on the horizon, including the Producer Price Index (PPI) release and Federal Reserve Chairman Jerome Powell’s anticipated speech. This backdrop of gold’s decline is intensified by an uptick in dollar demand, which stems from a resurgence of optimism in the broader financial markets. The “Trump-led euphoria” has bolstered investor sentiment, leading to continued support for the U.S. dollar index. This dynamic persists despite mixed economic signals, such as softer-than-expected Consumer Price Index (CPI) data and a relatively dovish tone from several Federal Reserve policymakers. In this climate, expectations have increasingly shifted toward the likelihood of a modest rate cut by the Fed at its upcoming meeting, with a 0.25% reduction considered the most probable outcome. For gold bulls, this strengthening dollar presents a formidable challenge, requiring a reassessment of medium-term targets. The recent surge in the dollar, largely propelled by renewed investor optimism and positioning around trade-related policies, has overshadowed the Fed’s relatively accommodative stance. Thus, even as the Fed hints at a softer approach, the dollar’s upward trajectory exerts pressure on gold’s appeal as a safe-haven asset, tilting the scales further toward a bearish outlook for XAU/USD. Today’s market focus centers squarely on Powell’s upcoming comments, along with the latest PPI data and weekly jobless claims report, which together could bring further clarity to the Fed’s policy direction and the broader economic outlook. Should Powell reinforce the Fed’s dovish stance, a potential dollar pullback might provide temporary relief for gold. However, with technical indicators signaling a robust downtrend, it seems likely that any rally in XAU/USD could be short-lived, making resistance levels crucial focal points. From a technical perspective, gold is currently testing the pivotal support at 2546, where a decisive close below this level could confirm the continuation of the bearish trend. This area could prompt a temporary rebound, potentially targeting resistance zones in the vicinity of 2577, 2589, and 2595. Such a move would align with a common market behavior observed during key news cycles—where a brief corrective rally emerges as traders seek to “win back” losing positions before ultimately resuming the trend in favor of the prevailing momentum. Immediate support levels to watch include 2546, 2531, and the round figure of 2500. A breakdown through these levels would reinforce the current downtrend and could attract further selling interest, with technical patterns suggesting the possibility of continued weakness in the absence of a strong fundamental catalyst. Ahead of the news, it’s plausible that XAU/USD could experience a corrective rebound toward local resistance or an imbalance zone, offering short-term trading opportunities for those anticipating a resumption of the downtrend post-correction. Market participants should be prepared for heightened volatility during Powell’s speech and the PPI release, as both events carry the potential to shift sentiment and trigger short-term price reactions. In summary, while there’s a possibility for a near-term correction in gold, the broader outlook remains bearish as dollar strength and a resilient equity market diminish gold’s appeal. For traders, closely monitoring resistance and support levels will be crucial in identifying profitable entry points amid the anticipated price swings.
FX:XAUUSD
by lonelyPlayer0
Cruel sell-off week, GOLD down more than 4%OANDA:XAUUSD This week suffered an extremely brutal sell-off, falling more than 4%, the largest decline since September 2023. Trump is the biggest overall reason for OANDA:XAUUSD plummet Gold had a pretty good month in October, rising along with the US Dollar which was supported by expectations of a possible victory for Donald Trump. Gold prices had previously even extended their gains despite a clear recovery in US Treasury yields across all maturities. However, things have changed significantly since Trump was elected US president The main concerns surround the possibility that the Trump administration will again use tariff measures. These measures will likely spur inflation again and could eventually prompt the Fed to reverse its ongoing easing cycle. The main factor behind gold's surge earlier this year was ongoing geopolitical tensions, especially the escalating conflict between Israel and Hamas and the protracted war in Ukraine. Whenever there is new news about the worsening conflict situation, investors flock to safe-haven assets such as gold. However, recently since Trump's victory, the geopolitical situation and conflicts are showing positive signs, which will create the basis for further gold selling pressure. The Fed is also creating pressure on OANDA:XAUUSD Slightly hawkish comments from Federal Reserve Chairman Jerome Powell last week boosted the dollar and dampened interest in gold. Powell said Thursday that the central bank is in no hurry to reduce borrowing costs while the economy continues to be strong, the labor market is solid and inflation is above its 2% target. After Powell's speech, investors lowered the likelihood of the Fed cutting interest rates by 25 basis points at its December meeting, from 72% to 61.9%, according to CME Group's FedWatch data. In addition to Powell's comments, Boston Fed President Susan Collins said the Fed is in no hurry to cut interest rates. Finally, Chicago Fed President Austan Goolsbee left open the possibility of a December Fed meeting, adding, "The debate over neutral interest rates could slow the pace of rate cuts." However, at the end of last Friday's trading session, despite positive US data, the Dollar was still under pressure as market participants took profits before the weekend. That limited gold's decline after falling to a 2-month low of $2,536/oz. Highlights this week This week, gold traders will pay attention to data from the Federal Reserve, unemployment claims and the release of the S&P Purchasing Managers' Index (PMI). Overall, this week will be a week with quite a few notable data and events, other than unexpected events such as "Trump is sick and Trump threatens to fire Jerome Powell". Analysis of technical prospects for OANDA:XAUUSD Although gold recovered very slightly this past weekend, it still ended the week with 6 consecutive days of decline. Gold's recovery keeps it above the 1% Fibonacci level at $2,548 but there is still plenty of room ahead as the most recent pressures from the lower edge of the price channel and horizontal resistance at $2,588 join the Fibonacci level. A 0.786% retracement will still prevent the recovery of gold prices. On the other hand, it still has a technical trend that is completely tilted towards a bearish outlook with the price channel being the main trend in the short term. In addition, the Relative Strength Index is still pointing down without reaching the oversold area, showing that there is still room for price decline ahead. Looking ahead, as long as gold remains within the price channel and below the $2,600 raw price, price increases should only be considered short-term technical corrections without affecting the current primary trend to the downside. The downtrend in gold prices will be noticed again by the positions listed below. Support: 2,548 – 2,536 – 2,528USD Resistance: 2,600USD SELL XAUUSD PRICE 2606 - 2604⚡️ ↠↠ Stoploss 2610 →Take Profit 1 2599 ↨ →Take Profit 2 2594 BUY XAUUSD PRICE 2519 - 2521⚡️ ↠↠ Stoploss 2515 →Take Profit 1 2526 ↨ →Take Profit 2 2531
OANDA:XAUUSDShort
by Xayah_trading
1
The Secret of Market Price Movement What is SMC (Smart Money Concepts)? – A Deep Dive into Market Logic Have you ever wondered why the market reverses just when it looks like it’s trending? Or why your stop-loss always seems to get hit before the market moves in your favor? If these questions resonate with you, SMC (Smart Money Concepts) might hold the answers. 1. What is SMC? SMC is a trading methodology based on the idea that financial markets are not purely driven by supply and demand. Instead, they are manipulated by Smart Money—banks, institutions, and hedge funds—who control price action by targeting liquidity in the market. These institutions capitalize on retail traders’ mistakes, such as poorly placed stop-losses or impulsive trades. By understanding SMC, you learn to align yourself with the movements of Smart Money instead of falling victim to their traps. 2. Core Principles of SMC • Markets Are Not Random Markets are influenced by the IPDA (Interbank Price Delivery Algorithm), which engineers price movement to create liquidity and drive market cycles. This algorithm exploits traders’ emotions—fear and greed—to guide price action. 3. How Does SMC Benefit Traders? By mastering SMC, you can: 1. Identify Smart Money’s Liquidity Targets • Look for areas like previous highs/lows, order blocks, and inefficiencies where price is likely to react. 2. Avoid Being a Liquidity Target • Learn how Smart Money hunts stop-loss orders and how to place entries and exits strategically. 4. Why Choose SMC Over Traditional Analysis? Unlike conventional technical analysis, which relies on patterns and indicators, SMC focuses on the manipulative nature of markets. It helps traders understand the “why” behind price movements and positions them to trade alongside the institutions, not against them. 5. Where Can SMC Be Applied? SMC is versatile and applicable across all markets—forex, stocks, commodities, and even cryptocurrencies. It focuses on the logic of price action, making it adaptable to any instrument with measurable price movement. SMC is not just a strategy; it’s a mindset shift. It teaches traders to move from a retail perspective to an institutional perspective by analyzing price action and liquidity. Align yourself with Smart Money instead of being their target.
ICMARKETS:XAUUSD
by Smart-Trader-KIMMM
Gold -> How Long Will the Adjustment Last? Emphasis on $2,600Hello, dear friends, Ben here! Gold (XAU/USD) extended its recovery early Monday, testing the $2,600 level and ending a six-day losing streak after a false breakout and a retest of $2,546. The latest surge in gold prices may be tied to escalating geopolitical tensions between Russia and Ukraine, following the U.S. authorization for Ukraine to use long-range weapons to strike Russian territory. However, the latest Kitco News Weekly Gold Survey reflects a bearish market sentiment. Specifically, the continued rise in the USD and bond yields is exerting downward pressure on gold prices. Additionally, the Federal Reserve (Fed) has adopted a more hawkish stance, posing further challenges for the precious metal. Looking ahead, with gold prices still at low levels, central banks may return as buyers in the market. However, Europe's ongoing economic struggles are pressuring the euro, prompting increased USD purchases to counter depreciation. As a result, gold prices may trade sideways or see additional declines unless a major geopolitical event emerges. This week, the gold market is expected to remain subdued due to the lack of major economic data releases. Key focus areas include U.S. housing starts and building permits, home sales, and the University of Michigan Consumer Sentiment Survey. Additionally, market participants are awaiting comments from several Fed officials to assess the pace and scale of upcoming interest rate cuts. From a technical standpoint, gold is thoroughly testing the resistance zone around $2,600–$2,589, attempting to offset market losses. Theoretically, a false breakout and consolidation below this zone could lead to further declines. Currently, I do not rule out the possibility of liquidity testing above this resistance zone ahead of significant news events. A false breakout could trigger selling activity, further reinforcing bearish momentum. However, if prices rebound near the $2,600 resistance and begin a smooth decline towards $2,546, it would generally increase the likelihood of a breakdown and continuation of the downtrend.
OANDA:XAUUSDShort
by Bentradegold