XAUUSDG trade ideas
Xauusd sell target today 2628 possibleHere's a summary of your updated XAU/USD trade plan:
Trade Plan
- _Entry Point_: 2650
- _Target_: 2628
- _Stop-Loss_: 2659
Market Analysis
The XAU/USD is experiencing a minor correction, driven by a short-term strengthening of the US dollar.
Technical Analysis
- _RSI Indicator_: The Relative Strength Index (RSI) is below 50, indicating a short-term bearish momentum.
- _Moving Averages_: The 50-day moving average is trending downwards, supporting the bearish view.
- _Support Levels_: The support levels at 2628 and 2620 could provide a buying opportunity in case of a further pullback.
Risk Management
- _Risk-Reward Ratio_: Your risk-reward ratio is approximately 1:1.7, which is relatively conservative.
- _Position Sizing_: Make sure to adjust your position size according to your risk tolerance and account size.
Stay disciplined and stick to your trade plan. Good luck!
GOLD still sellingAs I said like weeks ago before this selling pressure, i would still expect the price to fall down lower base on my daily bias
GOLD corrects, possibility remains optimistic as FOMC is comingOANDA:XAUUSD eased the correction significantly, which was partly due to the market taking profits after gold prices hit a five-week high and rushing to close positions ahead of next week's Federal Reserve meeting. In addition, higher US bond interest rates also affect gold prices.
OANDA:XAUUSD fell sharply on Thursday and was limited this trading day (Friday), as of press time, as traders booked profits following the release of US PPI data.
PPI data exceeded expectations, suggesting the fight against inflation may be stalling. In addition, the 10-year US Treasury bond interest rate increased slightly by 1.5 basis points to 4.289%, which also put pressure on gold.
The US producer price index (PPI) rose higher than expected in November due to soaring food costs. The U.S. Department of Labor reported on Thursday that the U.S. PPI rose 3% year-on-year and 0.4% month-on-month in November. Previous market expectations were 2% .6% and 0.2%.
Although Wednesday's US Consumer Price Index (CPI) was in line with expectations, it still rose at a seven-month high.
However, gold is expected to hold onto gains this week as optimism grows that the Federal Reserve could cut interest rates by 25 basis points next week. Traders' attention is turning to the prospect that the Federal Reserve may pause policy easing as early as 2025. Lower borrowing costs typically benefit gold because gold itself does not create out yield.
According to a report released by the World Gold Council (WGC) on Thursday, gold's gains are expected to slow in 2025 as concerns about growth and inflation during Donald Trump's presidency have can affect the ability to increase the price of gold.
Gold prices have risen more than 30% year-to-date and are on track for their biggest annual gain since 1979. The rapid rise has been fueled by the Federal Reserve's easing policy, demand safe-haven demand and continued buying activity by global central banks.
Analysis of technical prospects for OANDA:XAUUSD
On the daily chart, gold has corrected but overall it still has all the conditions for a technical upside with price activity outside the channel and above the EMA21 level.
Currently, gold's uptrend is temporarily limited by resistance at $2,693, the 0.382% Fibonacci retracement price point, more than the 0.236% Fibonacci level noticed by previous readers.
On the other hand, the Relative Strength Index also maintains activity above the 50 level, which should be considered a positive signal for the bullish outlook in the near future.
As long as gold remains above the EMA21 and outside the price channel, in the short term it is still likely to increase with notable points listed below.
Support: 2,676 – 2,663 – 2,644USD
Resistance: 2,693 – 2,700 – 2,730USD
SELL XAUUSD PRICE 2706 - 2704⚡️
↠↠ Stoploss 2710
→Take Profit 1 2699
↨
→Take Profit 2 2694
BUY XAUUSD PRICE 2659 - 2661⚡️
↠↠ Stoploss 2655
→Take Profit 1 2666
↨
→Take Profit 2 2671
XAU/USD Intra Day/Week Play Gold excited us again last week trading back up to near all time highs so with the coming week based purely on technicals we could anticipate the following happening.
Breakout to the downside past 2407 towards key level of 2395 which would then return back to return back to 2406 which would put a break and retest strategy in play for a continuation to the downside to test major level of support at 2372.
I am keen on seeing some sort of range ensuing for a few day but ultimately unless we have any major fundamental news sorrounding the current geolpolitcal issues at hand and also inflation then we should see a further continuation to the downside back to 2280 as part of a liquidity sweep from May open prices.
Although gold is on the uptrend on the montly, weekly and and daily charts, I also do think it has to at least come back to demand levels at 2146 and possibly test 2076 in lne with the channel uptrend as part of a HTF Long trend analysis but in the near term it's definaley a Short position for me on Gold.
Let me know your thoughts on this.
Happy Trading.
:)
Bears TurnGood luck to all.
Some Facts:
- reached the top of a trendline that dates back to the 1980’s which have seen other pros call the “1980’s battle-line” 👀 Monthly TF
- volume coincides with some consistent braking power
- RSI seems pointy downward
- the 2015-18 trendline looks magnetic
- the weekly candle just closed speaks for itself
- the short term MA and FVG traders will be busy (or tired buying)
- the head and shoulders on that record high - you could frame that in theory books
- Wyckoff scout cracked through Ice
- as a ship on the trading seas then you could say this is a tack to the bear side, no rush though… see you in a few months/years? Would have patience for a 2,150 target minimum from here.
What could detract from golds appeal? Better opportunity cost elsewhere that gets faster returns? Could it get worse on the global political situation than it is right now really? Has the very recent (last 2 week) global escalations driven peaks beyond the high (no it hasn't)? Has the interest rate hype already been priced in? Is Trump lined up to do some deals that strengthen dollar and peace, make gold boring again?
Ah? Mmm...Shipsy.
⚓️ 🏴☠️ 🌊
Gold price faces strong headwinds ahead of Federal Reserve meet
After testing resistance at $2,700 at the start of the week, gold is once again on the back foot as stubborn inflation takes its toll on expectations surrounding the Federal Reserve’s easing cycle. The precious metal received a much-needed boost earlier this week as investors reacted to news that China’s central bank resumed buying gold. After a six-month break, data from the People’s Bank of China showed it purchased five tonnes of gold in November. According to many analysts, the data underscores China’s significant role in the gold market and highlights healthy central bank demand heading into 2025. ..
XAUUSD Buy Setup with Target at 2660Plan a strategic buy entry for XAUUSD at the 2633 area, targeting 2660. Utilize a standard stop-loss to manage risk effectively. Anticipate a price pullback before continuation to the upside.
XAUUSD-GOLD | 15M | SCALPING TIMEHello guys, I made XAUUSD-GOLD analysis for you. For this kind of analysis, please value my analysis with your likes Thank you very much to everyone who supports me by liking
SIGNAL ALERT
BUY ( XAUUSD-GOLD ) 2650,0
🟢TP1: 2653.0
🟢TP2: 2655.0
🟢TP3: 2663.0
🔴SL: 2641.0
Medium Risk
Daily live trade with XAUUSD in 15m/30m/1h 20241217 2Daily live trade with XAUUSD in 15m/30m/1h 20241217 2
XAUUSD Gold (XAU/USD) puts pressure on daily lows and trades below $2,660 on Friday’s early American session. The US Dollar (USD) reclaims its leadership ahead of the weekly close, helped by rising US Treasury yieldsGold price faced rejection at higher levels on Thursday and turned south before finding support at the 50-day Simple Moving Average (SMA) at $2,671 early Friday.
The 14-day Relative Strength Index (RSI) has also witnessed a renewed upside while holding well above the 50 level.
If Gold price resumes the recovery momentum, it could retest the multi-week high of $2,726, above which 2,750, the confluence of the psychological barrier and the November 5 high, will act as a tough nut to crack.
A failure to defend the 50-day SMA support at $2,671 on a daily candlestick closing basis will prompt sellers to target the 21-day SMA at $2,650 once again.
Gold Sell Limit OrdersDear traders, please support my ideas with your likes and comments to motivate me to publish more signals and analysis for you.
Best Regards
Navid Nazarian
GoldXAUUSD ( Gold / U.S Dollar )
Bearish Channel as an Corrective Pattern in Short Time Frame
RSI - Divergence
Break of Structure
Symmetrical Triangle and Breakout of Lower Trend Line
Order Block
Daily Analysis of Gold Ounce to USD – Issue 171The analyst believes that the price of { XAUUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
Gold (XAU/USD) Analysis – Bearish Scenario UnfoldingGold has been showing clear bearish momentum on the 4-hour chart, and the current price action suggests further downside potential.
1️⃣ Rejection from the Strong High:
The price was firmly rejected at the $2,740 resistance zone, signaling the dominance of sellers in the market.
2️⃣ Weak Low Target Zones:
With the break of structure (BOS) confirming bearish intent, the price is now heading toward key liquidity zones around $2,620 and $2,580. These levels are likely to act as targets for the current downtrend.
3️⃣ Bearish Momentum Accelerating:
A series of Change of Character (CHOCH) events and lower highs further indicate that sellers are fully in control, with little evidence of bullish intervention so far.
📌 Bearish Targets:
The immediate target is $2,620.
If this level breaks, the next zone to watch is around $2,580, which could serve as the final destination for this bearish move in the short term.
Let me know if you're tracking this move or if you see additional bearish opportunities!
XAUUSD Bearish Momentum Towards $2610• The XAUUSD is currently at $2640.
• They are looking for a 30pts Bearish Run towards $2610.
• Even After Breaking the Channel for a Bullish Run, the Market still became the subject of
Bearish Volume.
gold longgold long
💎Please don't be greedy
ENTRY : yellow point
TP : blue lines
SL :
below red line for LONG position
above red line for SHORT position
⛔️INSTRUCTIONS 1:
Please respect the yellow entry point, otherwise you risk entering too early before my strategy or too far, thus reducing gains and aggravating losses in the event of a stop loss
⛔️INSTRUCTIONS 2:
For risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
XAUUSD IDEA Technically, xauusd is flat and heading for strong support
Resistance levels: 2646, 2658
Support levels: 2633, 2620, 2612.61
Price is heading towards support before the news. Manipulation before a possible rise? The probability is high
We are waiting for support retest, false breakdown and possible growth to the mentioned targets
Gold is ready to test resistance for reversalGold has no clear trend. Globally, the price is in a sideways flat. It cannot be called an accumulation, but just a range. There is news ahead, which can generally set some tone for the market.
Recently, the price has been growing exclusively on geopolitical nuances: the Middle East, problems in Europe, China started buying metal again.
The negative background is created by Trump's policy towards the dollar and inflation.
Scenario: This resistance was last tested in the middle of last month and there is no potential for a breakout. Unless the CPI comes out very positive for gold.
Idea: False break of resistance and fall to 2666
OZ 1TO3 BUY+OB AND FVG OVERLAP
ENTRY:2641
SL:2620
TP1:2673
FULL TP:2693.5
This is just an idea and not financial advice. Please be aware that there are risks involved, and you should carefully consider them
