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GOLD / US DOLLAR GRAMGOLD / US DOLLAR GRAMGOLD / US DOLLAR GRAM

GOLD / US DOLLAR GRAM

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XAUUSDG trade ideas

Gold Hits New All-Time High Amid Market SpeculationGold Hits New All-Time High Amid Market Speculation Gold has once again reached a new all-time high, breaking through the previous level to nearly $2758.50, dating back to October 23, 2024. Today's market movement is heavily influenced by speculation related to US JOLTS data and the upcoming NFP data release on Friday. However, this new bullish wave seems unusual under normal conditions, as the market appears to be entirely positioned on the bullish side. One observation is that gold didn't react immediately to geopolitical tensions, such as Iran's attack on Israel, but moved days later when no significant events occurred. Similarly, despite Israel's retaliatory attack on Iran over the weekend, gold remained static initially but is moving today. It seems that US jobs data holds more sway over gold prices than the ongoing conflict in the Middle East. This situation appears manipulated and lacks technical clarity, raising doubts about the reliability of technical analysis in gold trading. Technical Analysis: If GOLD stays above 2758.50 it could rise as shown on the chart. If the price breaks back below 2758.50, it will increase the chances of a false bullish breakout and we could see some big crash. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
FX:XAUUSD
by KlejdiCuni
5
GOLD ROUTE MAP UPDATEHey Everyone, A PIPTASTIC finish to the week with our chart idea playing out perfectly once again!! After completing all our targets this week, yesterday we stated that no cross and lock below 2717 confirmed the rejection into 2730, which then followed with a new cross and lock above 2730 re-opening 2739 and 2747. We also stated that 2739 was hit perfectly with 2747 left and failure to complete this target will see price retest the support below and as long as 2717 holds, we are likely to see the upper levels retested again. - This played out perfectly today with the drop into 2717, which held as support like we stated and gave another bounce into 2730, 2739 and now heading towards 2747. Our plans to buy dips using our levels played out once again!!! BULLISH TARGET 2730 - DONE EMA5 CROSS AND LOCK ABOVE 2730 WILL OPEN THE FOLLOWING BULLISH TARGET 2739 - DONE 2747 - DONE BEARISH TARGETS 2717 - DONE We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead. Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
16
#XAUUSD: On the way to $2800! 600+ Pips Swing Buy**XAUUSD: 1-Hour Chart Analysis** Hello Traders, Gold experienced a surge, reaching 2605 before reversing its direction. Investors anticipated a decline below 2700$. However, the price rebounded to 2743$, filling the volume gap and subsequently dropping to 2715$, which marked the last low. Despite this, the price failed to establish another lower low. Subsequently, it fluctuated within the vicinity before exhibiting a shift in price character. The upcoming chart analysis indicates an exceptionally bullish outlook. Price has the potential to create another higher high, supported by robust fundamentals and technical indicators signaling a strong bullish sentiment. Traders with open buy positions may consider holding them. Best of luck and trade safely.
OANDA:XAUUSDLong
by Setupsfx_
22
Gold (XAU/USD)Technical Analysis (4H TimeFrame)Trend The Chart Show a clear uptrend in Gold with a series of higher highs and higher lows Support Levels key support zone are marked on chart where the price previously found buying interest these levels help to identify where the price may bounce back if it pull back Resistance to Support Flip A fomer resistance level has been broken and is now acting as support which further strengthens the bullish sentiment Target the chart indcates a target level of 2800 suggesting that price to move upward to ward this level Gold price Trading around 2785 with a bullish outlook towards the market target
CAPITALCOM:GOLD
by Xauusdsignalprovder
2
Gold looks shaky for a short Gold will tumble on a breach of the triangle its currently situated. Here is the trend line in red. The Gold Price for the past 2 hours has been stationary much of the time at the bottom of a 1 hour triangle. Waiting to be shorted and trapped down lower. Will you join me? There was very recently a 1 to 3m chart head n shoulders pattern so price was on the move upwards and around 2733 now. For educational purposes as trading can be risky. The chart has details of a stop loss and 2 profit targets for the Short. Idea is to short Gold with a waiting Limit order at 2735. Now, if you find that price gets close to 2735 but does not trigger your order, then that will mean that price is heading lower and they don't want you getting liquidity to sell your order and possibly profit from the short. That is when you sell on Market near 2735 or just below. Stop Loss is 2739.39 (tight) or for a wider but less Reward, place stop at 2744.78, a fair bit of room. I did that because the gold price does retrace and move around a bit pre New York. 2713.76 is TP1 and TP2 is 2682.62 or take profits when and where you feel comfortable.
EIGHTCAP:XAUUSDShort
by Easy_Explosive_Trading
GOLD | Preparing for Short OpportunityI am looking to short gold by comparing and simulating the previous impulsive trend, expecting a similar price and time structure. Price is approaching key Fibonacci levels between 2815 and 2830, which coincide with a potential reversal zone from the recent bullish leg. Before entering the trade, it's crucial to wait for clear confirmation, such as a strong bearish candlestick pattern or momentum shift with a bearish divergence on the MACD.
OANDA:XAUUSDShort
by SRA_Trades
Strategic Gold Trading in NFP Week: Steady PositioningStrategy Overview: This week, marked by the upcoming Non-Farm Payroll (NFP) data release, is likely to see limited market movement in the initial days (Monday and Tuesday) with price oscillations predominantly within a narrow range. Main volatility is expected between Wednesday and Friday evening. Based on last Friday’s daily chart analysis, gold prices are consolidating within the 2720-2740 range. Accordingly, today and tomorrow’s strategy involves maintaining positions within this range, employing a cautious approach. Specific Trade Setups: Enter long positions on gold between the 2725-2728 range Initiate short positions on gold between the 2737-2739 range Trading Mindset: Maintain composure, adhere strictly to the strategy, and seek optimal entries to capitalize on potential price swings during NFP week.
OANDA:XAUUSDLong
by Falcon-Training-Camp
Gold's rising momentum continues unabated, continue to focus on As a traditional safe-haven asset, gold is often favored during periods of geopolitical turmoil. So far this year, gold prices have risen 35% and are expected to record their best annual performance since 1979. The intensified conflict between Israel and Lebanon has led to tensions, further boosting market demand for gold. Israel's recent air strikes have caused a large number of civilian casualties, attracting widespread attention and condemnation from the international community. The Lebanese Prime Minister said that the two sides may reach a ceasefire agreement in the next few days. Although this news may ease short-term tensions, market concerns about the future situation remain. The release of US third-quarter economic data showed that GDP grew 2.8% month-on-month, and consumer spending grew 3.7% at the fastest rate in a year and a half. Despite the strong economic performance, inflation has slowed, with the core personal consumption expenditures (PCE) price index rising only 2.2%. These data provide new clues to the Fed's policy path. The market generally expects the Fed to cut interest rates by 25 basis points at its meeting next week. Despite strong economic growth, gold remains the first choice for investors in an uncertain environment. As the election approaches, the market is full of doubts about the future direction of US economic policies, and the safe-haven demand for gold may rise further. The supply and demand of gold also affects the price. Uncertainty in the global economy has prompted investors to increase their allocation to gold, especially in a low-interest rate environment, where the attractiveness of gold as an interest-free asset has increased. At the same time, the loose policies of central banks around the world continue to support gold prices. In response to the economic slowdown, many central banks have generally adopted measures such as interest rate cuts and quantitative easing, which has further boosted demand for gold. On Wednesday, it hit a record high of $2,789.89 per ounce. On Wednesday, mainly driven by the uncertainty of the US presidential election and geopolitical tensions, investors' demand for safe-haven assets increased significantly. Gold hit a record high again on Wednesday. Today, investors continue to pay attention to the 1-hour support area below 2,778, and go long on gold after the correction stabilizes. Thank you for your likes, thank you
FOREXCOM:XAUUSDLong
by Yuliya1l11
Gold on interesting Technical fractalTechnical and Fundamental analysis: My mid-week Target been met earlier than I expected as the DX, (Stocks remained High) and Bond Yields dipped. The Volatility is still High however but Gold is giving me decent accuracy patterns but with mixed Technical signals and may look to set a new Support zone first (my estimate #2,772.80) before hitting #2,800.80 benchmark. The Long-term trend remains Bullish with Daily turned green on all of its MA periods, still on the middle stages of the new Bull run as it is just below the 0.618 Fibonacci level (hence the current pull-back). My Long-term Target remains #2,852.80 and #2,900.80 benchmark in continuation. I will treat every Bearish spike as an Buying opportunity. Notice how, as explained on previous posts, the DX broke its Daily chart's Support which was much needed for Gold in order to break first Lower then Higher. The decline on Bond Yields also helped. I believe that Gold's set to push Higher, potentially testing Higher High's Upper zone as interest Rates head Lower, central banks extend purchases, and uncertainty surrounding geopolitics and Bond Yields pullback. As these interest Rates came down, Gold has rallied in #2019, rising to the Highest level in six years, as Investors contemplate slowing economic growth, prospects for easier monetary policy in the U.S. and China and festering trade frictions (similar to current upswing). The upswing has been given added momentum as central banks, including authorities in Russia and China step up purchases. A revival in Stocks lead to spillover demand from Investors for the older haven, Gold. Interest rates are going so low, particularly now in Europe. My position: I have closed my yesterday's session Buying order #2,772.80 and closed on #2,786.80 and re-Sold on #2,785.80 towards #2,774.80 which brought excellent #25-point Profit within the session. I will continue Buying #2,772.80 Low's for now and as my Profit is excellent, I will not assume more Selling orders / only if #2,770.80 break-out is delivered which is major re-Sell signal.
OANDA:XAUUSDLong
by goldenBear88
Gold increased before the US presidential electionWorld gold prices increased, with spot gold increasing by 12.5 USD to 2,788.1 USD/ounce. Gold futures last traded at 2,798.6 USD/ounce, up 17.5 USD compared to yesterday morning. Gold continues to benefit as uncertainty ahead of the US presidential election boosts shelter demand for this precious metal. According to RJO Futures senior market strategist Daniel Pavilonis, there are many factors that are supporting gold and could push prices higher. He predicted that the price of this precious metal could reach 2,850 USD/ounce. Saxo Bank's head of commodity strategy Ole Hansen said that gold prices increased due to uncertainty related to the election results and the market is pricing in further interest rate cuts by the US Federal Reserve (Fed). again next week. He emphasized that the weakness of the greenback is also supporting gold. According to OANDA senior market analyst Kelvin Wong, the results of the US election have an impact on gold. He believes that, soon, spot gold will face resistance at $2,800/ounce, then $2,826/ounce. Currently, the US presidential election has entered a sprint race, with recent polls showing that the race for the White House is still very fierce. The gap between the two candidates, Vice President Kamala Harris and former President Donald Trump, is extremely tight.
OANDA:XAUUSDShort
by TheLeader_WOLF
1
XAU/USD Intraday Trading Plan: Key Price Levels and Scenarios1. Immediate Key Price Levels Primary Resistance (2,790.115): This is the near-term resistance level to watch. Price approaching this area without breaking it could signal a potential short setup. If broken with strength, this level may act as new support. Point of Control - POC (2,782.227): This level is today's pivot point due to high trading volume in this zone. Price holding above this level suggests bullish sentiment; a drop below signals potential bearish control. Secondary Support (2,773.665): This is the critical support level in case of a downtrend. If price reaches this area and holds, it may provide a buying opportunity; however, a break below indicates strong bearish momentum. 2. Scenarios for Today Scenario 1: Bullish Breakout (Continuation) Trigger: Price breaks and closes above Primary Resistance (2,790.115) with increasing volume, indicating buyers are in control. Target Price Levels: Short-Term Target: 2,795.051 (minor resistance from Fibonacci level 0.272) as the initial upside target. Extended Target: 2,803.705 (High Invalidation Point for Wave 5) – this is a major resistance level with possible volume divergence. It is crucial to monitor volume here, as lower volume at this level could suggest an imminent pullback or trend reversal. Stop-Loss: Set below 2,782.227 (POC), since a move back below this level would invalidate the bullish breakout. Invalidation Point: POC (2,782.227) – a drop below this level may indicate a false breakout. Scenario 2: Reversal at Resistance (Bearish) Trigger: Price rejects near 2,790.115 (Primary Resistance) with weak volume, indicating that sellers are stepping in. Entry Point: Initiate short positions near 2,790.115, ideally after observing bearish candlestick patterns or volume declining near this level. Target Price Levels: First Target: 2,782.227 (POC), where price might find some support. Partial profits could be taken here, as POC often serves as a consolidation zone. Secondary Target: 2,773.665 (Secondary Support) – the next significant support level below the POC. Stop-Loss: Above 2,803.705 (High Invalidation Point). If price surpasses this level, the bearish reversal scenario is invalidated. Invalidation Point: A confirmed break above 2,790.115 would indicate potential upside continuation and invalidate this short position. 3. Additional Key Terms and Concepts Volume Divergence: Monitor for volume divergence at the 1.236 (around 2,802) level, as this could indicate reduced buying interest and signal a potential reversal. Break of Structure (BOS): If the price breaks below POC (2,782.227), it signals a BOS (Break of Structure), favoring bearish momentum. This would confirm a downtrend for the rest of the day. Inducement Wave 3: Part of the current wave structure suggests an inducement, which might attract buyers at Primary Resistance only to see a potential reversal if it fails to break. Point of Control (POC): This is the area with the highest traded volume (2,782.227). If price holds above this level, it acts as a bullish pivot point, while a breakdown signals bearish sentiment. 4. Summary of Today's Plan Bullish Bias if price breaks and holds above 2,790.115, aiming for 2,803.705 as an extended target. Bearish Bias if 2,790.115 is rejected, targeting 2,782.227 (POC) initially and 2,773.665 (Secondary Support) as an extended target. Risk Management: Tight Stop-Losses: Use key levels such as 2,803.705 for shorts and 2,782.227 (POC) for longs to manage risk. Volume Monitoring: Pay close attention to volume behavior, especially near resistance and support levels, to gauge the strength of any breakout or rejection.
OANDA:XAUUSDLong
by spacedevil
2
How I Rode the Gold Trend Using Multi-Timeframe AnalysisHey Traders! 📈 I want to share an analysis of a recent opportunity on Gold that came up, focusing on using multi-timeframe analysis to spot a reaccumulation pattern. Market Context: On the daily timeframe, Gold was showing a retracement. By zooming into the 1H timeframe, I identified what seemed like a reaccumulation (REACC) model—giving a potential entry point to go long in this trending market. The Entry Setup: On the 1H TF, after a retrace, the price continued the uptrend with strong structure, confirming a breakout. I entered long, aligning with the market trend and using a trailing stop to manage the position and capture potential further upside. Floating PnL: Right now, the trade is floating around 12RR and still trailing! This is a great example of how multi-timeframe analysis can help uncover high-probability setups. This educational breakdown is meant to help others see the power of combining market structure and risk management to stay in profitable trades. Hope this helps you spot similar setups in the future! 🚀 Leave a comment if you surfed with this trend too!
FOREXCOM:XAUUSDLong
by TraderOuss_LumaNex
Nonfarm Trading PlanFundamental Analysis The Federal Reserve (Fed) meets next week and announces its monetary policy decision on Thursday, November 7. The odds of a 25 basis point (bps) rate cut are 94.5%, down slightly from 95.5% last week. However, market players are still weighing whether a Republican victory in the upcoming presidential election could force the Fed to slow its easing. Meanwhile, the Bank of Japan (BoJ) decided to keep its interest rate target unchanged at 0.25% on Thursday and reiterated its forecast for inflation to remain near its 2% target. The announcement weighed on the Japanese Yen (JPY), supporting the US Dollar. Asian and European stock indexes fell sharply, leading Wall Street to a second straight day of declines. Focus now shifts to the US Non-Farm Payrolls (NFP) report, due out on Friday. The economy is expected to add 113,000 new jobs in October, while the unemployment rate is expected to hold steady at 4.1%. Technical Analysis After a sharp drop in gold prices last night in the US session, gold recovered from the 2730 area. The 2732 area is considered an important session port area when the market's momentum begins to jump into the market. The Asian breakout zone is also noted around 2744 for scalping around the European session when selling pressure returns. Currently, gold cannot break 2754, so gold will have a push to 44 and 30 before Nonfarm. According to this scenario, Nonfarm gold will continue to sweep down first and it will be difficult to push up after Nonfarm. Pay attention to the 2720 and 2710 zones when nonfarm is announced. If gold breaks to the 2754 zone, it will be pushed back to the 2761 and 2773 zones to execute the SELL plan.
OANDA:XAUUSD
by TVS-Trader
MARKET NEXT CORRECTION AREASAdditionally, any decline in gold may present buying opportunities as the metal remains a favored hedge amid inflation and heightened global tensions. If momentum persists and resistance levels at $2,751 and $2,800 are decisively breached, analysts project that gold could aim for new highs around $2,820 or higher. However, a break below $2,710 could suggest a deeper correction to $2,685 before buyers re-enter the market In the current gold market, analysts expect a potential retracement following a significant rally, reaching near all-time highs driven by geopolitical uncertainties and Federal Reserve rate cuts. Gold has been hovering around resistance points in the $2,700-$2,800 range as October progresses, and technical indicators suggest possible corrections due to overbought conditions. Specifically, gold’s Fibonacci support level around $2,733 could mark a key area for short-term pullbacks, possibly to $2,700 or lower, before an anticipated continuation upward in Q4 due to seasonal patterns
OANDA:XAUUSDShort
by BELLATRIXFX
3