XAUUSD opportunity for dip buying.Gold is trading inside a Channel Up with the current sequence being the bearish wave.
It is already below the 0.5 Fibonacci level and we expect it to dip at a maximum of 0.786 Fib, which is where the MA200 (1h) is expected to support.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 2665 (Resistance 1).
Tips:
1. The RSI (1h) is about to hit the 30.00 oversold limit. This is an additional buy signal.
Please like, follow and comment!!
Gold
Caledonia Mining $CMCL - Breaks of Support Lines are a concernI must admit a bit of anxiety, concerning my earlier enthusiasm with regards to the Chart for a favorite Company... Recently, I re-entered a Position in this fine company ... only to watch it continue to break support levels, I've plotted (the Yellow lines). AMEX:CMCL just broke the lowest support line that I could plot (Green line). So, I'll buy it once more at the Pink (ATTENTION!) line; and then, I'm done...
Gold Roadmap==>Short-term!!!Gold ( OANDA:XAUUSD ) is moving in the Resistance zone($2,670-$2,653) and near 50_SMA(Daily) and Potential Reversal Zone(PRZ) .
According to the theory of Elliot waves , it seems that Gold has finished the main wave 3 , and we should wait for the main wave 4 and correction .
I expect Gold to rise again after touching the Uptrend lines or after approaching the Support zone($2,639-$2,631) .
⚠️Note: First, Short position, then Long position.
⚠️Note: If Gold breaks the Support zone($2,639-$2,631), we should expect Gold to fall further.⚠️
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
XAUUSD chart patternThis market analysis is relative to the chart pattern and market structure
we expect gold to sink to the 2640's and thereafter, a pullback is expected. The long term analysis of xauusd is bullish as we're on a yearly and monthly retracement.
we should see gold aim for the top trend line, further updates concerning the market would be posted
The Golden Journey: Historic Milestones and a Glimpse into 2025Gold Price Analysis: A Historical Overview and Future Outlook
Gold has always played a crucial role as a safe-haven asset during periods of economic uncertainty. Over the years, its price movements have been shaped by various global events. Let’s take a step-by-step look at the key historical moments and their implications for the future.
[ b]Historical Highlights:-
March 2008: Financial Crisis Escalation
Gold prices surpassed $1,000 per ounce for the first time, driven by the Global Financial Crisis.
Key Factors:
- The collapse of Bear Stearns fueled fears of systemic financial instability.
- Aggressive Federal Reserve rate cuts weakened the U.S. dollar, increasing gold’s appeal.
Impact: Gold surged as a safe-haven asset during one of the most critical financial crises of the modern era.
October 2008: Global Financial Crisis Peak
Gold prices dropped to $681 per ounce initially due to forced liquidation but rebounded later, stabilizing around $730-$800 per ounce.
Key Factors:
- Forced selling to meet margin calls during the crisis.
- Central banks introduced aggressive interventions, including interest rate cuts, to stabilize the economy.
Impact: Despite short-term declines, gold regained its safe-haven status as market uncertainty persisted.
Profits and Losses of New York Stock Exchange Broker-Dealers 2000 to 2008:
Cost of the 2008 Financial Crisis :
August 2011: All-Time High Amid Global Economic Uncertainty
Gold reached a record high of $1,917 per ounce amid the U.S and Eurozone debt crisis and concerns about the U.S. economy.
Key Factors:
- Investors were concerned about the U.S. economy after the S&P downgrade of U.S. credit from AAA to AA+ earlier in August.
- The 2011 U.S. Debt Ceiling Crisis was one of a series of recurrent debates over increasing the total size of the U.S. national debt.
- Safe-haven demand surged as central banks maintained low interest rates.
Impact: This period underscored gold's reliability during global economic turmoil.
November 2015: Multi-Year Low
Gold prices dropped to $1,050 per ounce, the lowest since 2010.
Key Factors:
- Expectations of a Federal Reserve rate hike reduced gold’s appeal.
- Low inflation diminished its role as a hedge.
Impact: The decline highlighted gold’s sensitivity to monetary policy and inflation expectations.
August 2020: Record High During COVID-19
Gold hit an all-time high of $2,075 per ounce, driven by the global economic fallout from the COVID-19 pandemic.
Key Factors:
- Massive monetary and fiscal stimulus from central banks and governments.
- Weak U.S. dollar and negative bond yields boosted demand.
Impact: Gold cemented its status as a hedge against both inflation and economic uncertainty.
September 2022: Aggressive Rate Hikes
Gold dropped to around $1,615 per ounce as the U.S. Federal Reserve aggressively raised interest rates to combat inflation.
Key Factors:
- Rising bond yields and a strong U.S. dollar reduced gold’s appeal.
- Geopolitical Uncertainty.
mpact: This period reflected the inverse relationship between gold and rising interest rates.
October 2024: Record Peak
Gold surged to a new all-time high of $2,790 per ounce due to heightened geopolitical tensions and monetary policy shifts.
Key Factors:
- Ongoing conflicts in the Middle East and Eastern Europe.
- Central banks’ easing policies and inflation fears supported the rally.
Impact: This continued gold’s bullish momentum, driven by its safe-haven demand.
Future Outlook for Gold in 2025
Key Expectations:
1. Bullish Momentum to Continue:
- Gold is likely to remain on an upward trajectory, potentially breaking the $3,000 per ounce barrier.
- Geopolitical uncertainty and inflation concerns will continue to drive demand.
2. Consolidation and Corrections:
- Gold may face short-term corrections, with support levels at $2,600-$2,500, before resuming its bullish trend.
3. Critical Drivers:
- Geopolitical Tensions: Persistent global conflicts will boost gold’s safe-haven appeal.
- Monetary Policy: Central bank decisions, especially from the Federal Reserve, will influence gold prices. A pause or reversal in rate hikes will support bullish momentum.
- Inflation Hedge: Rising inflation expectations will sustain demand for gold as a store of value.
Key Levels to Watch:
- Resistance Levels: $2,800, $3,000, and beyond.
- Support Levels: $2,600, $2,500, and $2,300.
Summary:
Gold has consistently demonstrated its value as a safe-haven asset during periods of economic and geopolitical uncertainty. With its recent surge in October 2024 and the ongoing macroeconomic conditions, the outlook for 2025 suggests further bullish potential. However, investors should be prepared for short-term corrections before the continuation of its long-term upward trend.
Gold's remarkable performance over various timeframes highlights its strength:
- In 2024 alone, gold rose by 27.25%, marking a stellar annual performance.
- Over the past 5 years, gold has gained an impressive 79.25%, showcasing sustained upward momentum.
- Over the past 10 years, gold has soared by 121.00%, reflecting its resilience and importance as a long-term asset.
Disclaimer:
The insights and expectations shared in this analysis are based on my personal experience and deep understanding of the market. While these projections are grounded in my expertise, it is important to exercise caution and perform your own research before making any investment decisions. Remember, the market carries inherent risks, and past performance does not guarantee future results.
Gold Price Eyes 2653 Before Expected DeclineGold Technical Analysis
The price is approaching the resistance level at 2,653. A 4-hour candle closing above this level will confirm further bullish momentum, potentially pushing the price toward 2,665.
Alternatively, if the price stabilizes below 2,653, it is expected to decline to 2,636. A 1-hour candle closing below 2,636 will strengthen a bearish trend, targeting 2,623.
Key Levels:
Pivot Point: 2640
Resistance Levels: 2653, 2665, 2678
Support Levels: 2636, 2623, 2603
Trend Outlook:
Bullish Trend: Above 2,653
Bearish Trend: Below 2,636
How much further can gold bulls go?
News analysis:
On Thursday, January 2, spot gold rose slightly in the U.S. market and is currently trading around $2,652/ounce. Gold prices closed up 0.72% on Tuesday at $2,624.28/ounce, helping gold prices rise 27% in 2024, the largest annual increase since 2010, driven by safe-haven demand and interest rate cuts by central banks; however, market sentiment may become more cautious, depending on policy shifts during Trump's second term as president. In addition, the U.S. dollar index hit a two-year high on Tuesday, and the U.S. 10-year yield achieved its best annual increase in two years, and gold was also cautious.
Gold Trend Analysis:
Judging from the current market situation, the technical form also highlights the situation that has stopped the decline and is favorable to bulls. First of all, look at the daily line. Tuesday's dip and rebound trend closed positive on the daily line, but with the piercing of the 5-day moving average and the weakness of the 10-day moving average The downward pressure pattern shows that the short-term resistance is very fragile. In addition, other cycle indicators maintain a bullish arrangement. The Bollinger Middle Rail also extends upward. At the same time, the double lines of the MACD indicator have signs of forming a golden cross again. Therefore, the overall daily line seems that bulls are entering. Take proactive steps. In the 4 hours, after rising in early Asian trading, the current price is still hovering near the upper Bollinger Band. Although the upper Bollinger Band shows a suppressed form, as the short-term moving average moves upward, the lower Bollinger Band also extends upward, so it can be judged that The short-term downside space for gold prices is limited; in addition, the MACD double-line golden cross is in an upward form and has sufficient upward potential. Therefore, the overall 4-hour level can be expected to fall back and the bulls will launch a counterattack again after adjustment.
Operation idea: In day operation, it is recommended to mainly go long on dips, supplemented by shorting highs. For short-term support below, focus on the 2635-2638 area, and continue to look at the 2650-2660 area above. If the bears strongly break through the 2625-2630 area, it means that the market has peaked in the short term, and there is a high probability that the 2610 area will be explored again, or even exist. Possibility of breaking down. For the short-term resistance above, pay attention to the 2658-2660 area first, and try short selling. Focus on the 2666-2668 area during the day.
SPY/QQQ Plan Your Trade: Learning A or B Trading StylesYesterday, after the GDP Now data hit, I received a number of messages related to my SPY Cycle Patterns and how they work in comparison to big news data (like GDP, JOBS, PMI, & Others).
Let me try to explain one simple thing to all of you.
The SPY Cycle Patterns are based on GANN/Fibonacci Time/Price cycles. They DO NOT correlate or predict price movement based on NEWS EVENTS or other extraneous data.
The SPY Cycle Patterns are, in essence, the core price expectations related to time/price cycles WITHOUT EXTERNAL NEWS EVENTS.
They represent what price is likely to do without any big news, economic data, or critical major event taking place to disrupt the Cycle Pattern.
So, it is important for traders to understand what I call the "A or B" type of trade setup.
Price is always attempting to reach new highs or new lows - ALWAYS.
Failure to reach new highs means price must roll downward and attempt to reach new lows. Failure to reach new lows means price must roll upward and attempt to reach new highs.
It is that simple.
Price is always attempting to break above previous critical highs or lows - ALWAYS.
Thus, once you understand this as a basis of price structure/movement, then you can begin to apply more advanced patterns (Fibonacci Price Theory, Excess Phase Peak Pattern, Others) as an additional layer to price structure in an attempt to understand how price dictates all trending/movement.
Now, one must also understand when price attempts to break levels (high or low), it can REJECT at those level (after breaking to new highs or lows). This is what I call a "Washout" pattern.
Rejection happens when a new low or high is reached, but the price FAILS to continue to trend in that direction. For example, if price were to reach a new higher high, then reject, this would be an example that strong resistance exists at/near the previous high level - causing price to FAIL to maintain that new high price level. Thus, I would expect price to move downward after REJECTING at the new high levels (see above).
The reason I'm trying to teach you these price concepts is because I want you to learn to make better decisions - not learn to just "follow along". You have to learn to understand price and understand how price moves related to opportunities.
That is what trading is all about - anticipating price moves because of what you are able to discover on a price chart.
Get some. Happy Friday.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
It jumped 40$, continue to buy todayGold ushered in a strong upward trend on Thursday, breaking through the resistance formed by the weekly moving average in one fell swoop, breaking through 2638 and 2646 in succession, and standing firmly above multiple moving averages at the daily level, showing a strong short-term upward momentum. Gold is now continuing to be strong, waiting for opportunities to buy in the Asian session.
The 1-hour moving average of gold has now formed a golden cross and diverged upward. Gold continued to rise after falling to 2636 in the US session yesterday. Gold continued to buy on dips at 2636. Gold is now constantly setting new highs. Gold bulls are strong, waiting for a decline to continue to buy. You can enter the market first when it falls back to around 2645.
First support: 2650, second support: 2641, third support: 2628
First resistance: 2668, second resistance: 2676, third resistance: 2690
Trading strategy:
BUY: 2648-2646
SELL: 2676-2678
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 - Price can little correct and then continue grow in wedgeHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some days ago price bounced from $2720 resistance level and tried to grow, but failed and started to decline inside wedge.
In wedge, price broke $2720 level and dropped to support line of wedge, breaking $2595 level as well.
After this, price made upward impulse to $2720 level, breaking $2595 support level again and then made correction.
Gold rose to resistance level again and then corrected to support level, where some time traded near.
Recently, price started to grow from support line of wedge and I think it can make correction movement.
Then Gold can turn around and continue to move up to $2690 resistance line of wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XAU/USD : More Fall Ahead? (READ THE CAPTION)By analyzing the #Gold chart on the 4-hour timeframe, we can see that after revisiting the supply zone of $2,633 to $2,652, the price faced selling pressure and corrected over 140 pips to $2,624. Currently, gold is trading around $2,626. If the price manages to hold below the $2,633 level, we can anticipate further declines. This analysis will be updated.z
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
GOLD BUY | Idea Trading AnalysisGOLD is moving in an UP trend channel and is creating symmetrical triangle and is moving in a descending AND is moving in an Ascending channel.
We expect a decline in the channel after testing the current level.
The chart broke through the dynamic Resistance area, which now acts as support.
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GOLD
I still did my best and this is the most likely count for me at the moment.
-------------------
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
XAUUSD - Gold reached its previous day's target!Gold is above the EMA200 and EMA50 in the 4-hour timeframe and has exited its short-term bullish channel. The correction of the price of gold towards the demand zones will provide the opportunity to buy it with the appropriate risk reward.
In the early days of 2025, gold prices surged by over $40, regaining some of the losses from December and once again capturing investors’ attention. Although December’s decline in gold prices was not significant, it was disappointing for many investors—especially considering the positive news at the start of December 2024 that the Chinese central bank had resumed its gold purchases after a months-long pause.
Several key factors are currently shaping the outlook for the gold market. First, the release of China’s economic data on January 7 is expected to play a crucial role in influencing the market. Second, the weak start to 2025 for Chinese equities and domestic investors’ disappointment with the lack of tangible economic stimuli, particularly in the consumer sector, have acted as supportive factors for gold.
Additionally, the Federal Reserve’s interest rates and the strength of the US dollar remain important elements to watch. While US bond yields dipped slightly today, the dollar remains strong. For gold to replicate its impressive 2024 performance, a reversal in the dollar’s upward trajectory will be essential.
Gold had a very strong performance in 2024, but it now appears to be entering a phase of range-bound movement for a period. Historically, gold has exhibited back-and-forth fluctuations, and with US interest rates continuing to rise, this trend could work against it. Analysts estimate that the $2,500 level could serve as a price floor in the first quarter of 2025. Any price dips are likely to attract buying pressure, though a significant upward breakout is not expected. A key factor that could support gold would be a decline in the 10-year US Treasury yield.
For instance, if the 10-year yield drops below 4%, it could trigger a significant rise in gold prices. However, there is little interest in selling gold under current conditions.It is predicted that gold’s behavior in 2025 will resemble its performance in 2021, where buyers were present but no substantial upward movement occurred.
Should gold break above the $2,800 level, this could trigger major changes and push prices toward the $3,000 mark. It would not be surprising if this happens at some point during 2025. However, the first few months of the year are expected to favor range-bound price movements.
GOLD → Breaking the resistance level. Growing interestFX:XAUUSD enjoys interest despite the growing dollar. Geopolitical and economic crisis is the reason for seeking safe harbor. The price is breaking resistance and trying to renew local highs
On the first trading day of the new 2025, gold rose along with DXY amid escalating geopolitical conflicts in the Middle East and eastern Europe and rising tensions around the upcoming policies of Trump and the Fed.
Traders are awaiting US manufacturing PMI data from ISM and the Fed President's speech due later on Friday for more trade stimulus for the gold price.
Support levels: 2649, 2639
Resistance levels: 2675, 2690
A false breakdown of key support areas is possible. If after the false breakdown the bulls hold the defense above 2639 - 2649, gold may strengthen to 2675 - 2690 in the short term.
Regards R. Linda!
GOLD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
Bearish trend on GOLD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 2,576.872.
✅LIKE AND COMMENT MY IDEAS✅
GOLD soars on positive conditions, despite USD strengthOANDA:XAUUSD continued to increase after a strong increase in yesterday's trading day. Gold price is currently at about 2,663 USD/ounce. Despite the strength of the US Dollar, spot gold still rose to its highest level in more than two weeks, due to safe-haven buying and falling US bond interest rates. The market is rushing to open positions before the Trump administration's tariff and trade policies are introduced.
US media exclusively reported: Biden discussed a plan to attack Iran's nuclear facility before Trump took office
US President Joe Biden has discussed plans to attack Iran's nuclear facilities before Trump's inauguration on January 20 if Tehran accelerates its development of nuclear weapons, US website Axios reported.
Reuters reported that Russia carried out drone attacks in Kiev early Wednesday morning, causing damage to two areas, while Israel attacked a community near Gaza City. The market at the beginning of the year will pay close attention to the development of geopolitical risks. Any sign of tension in the Middle East and Russia-Ukraine could send the price of gold, the traditional safe haven, higher.
Gold is considered a hedge against geopolitical instability and discovery risk, but because it doesn't earn interest, it does better in a low interest rate environment.
The latest report from Britain's Reuters today (Friday) said that Gaza authorities said an Israeli air strike on Thursday killed at least 68 Palestinians in the Gaza Strip, including a tent camp and people standing head of the Hamas-controlled police force in the Gaza Strip. His deputy and nine evacuees died there.
The attack took place in the Al-Mawasi area, which was previously designated a humanitarian zone for civilians during the 14-month war between Israel and Hamas, which rules Gaza.
According to the Hamas-controlled Interior Ministry, Gaza police chief Mahmoud Salah and his assistant Hussam Shahwan were killed in the attack while they were checking in refugees.
The Gaza Interior Ministry added in a statement: "By committing the crime of assassinating the Gaza Strip police chief, the occupiers are determined to spread chaos in (the enclave) and deepen the suffering of people."
Analysis of technical prospects for OANDA:XAUUSD
After struggling for quite a while in the area of the 0.618% Fibonacci retracement level yesterday, since gold broke this important confluence around 2,634 USD, it has had bullish conditions in the short term.
The area of POC Volume Profile with EMA21 and Fibonacci 0.618% now becomes a short-term support area.
Meanwhile, the Relative Strength Index also rose above the 50 level, which should be considered a positive signal as the current 50 level also becomes support for the RSI in the short term. Temporarily, the gold price chart is limiting its upward momentum by the 0.50% Fibonacci level and if gold continues to break this level it will tend to increase further with the next target being $2,693 which is the position of the upper edge of the triangle. purple price tag.
Thus, the intraday trend of gold prices will be noticed again by the following levels.
Support: 2,634 – 2,640USD
Resistance: 2,664 – 2,693USD
SELL XAUUSD PRICE 2694 - 2692⚡️
↠↠ Stoploss 2698
→Take Profit 1 2687
↨
→Take Profit 2 2682
BUY XAUUSD PRICE 2629 - 2631⚡️
↠↠ Stoploss 2525
→Take Profit 1 2636
↨
→Take Profit 2 2641
2025-01-02 - priceactiontds - daily update - goldGood Evening and I hope you are well.
tl;dr
gold - Bullish. Clear breakout on the 4h tf and market looks like it wants to retest 2700. The triangle is the dominant pattern for now and there is no more resistance until 2700 for the bulls. Market kept above the 1h 20ema since the breakout and any long close to it is reasonable until it’s clearly broken. Bears need something below 2650 again and make the market go sideways for longer to turn it neutral again.
comment: Bullish breakout and very strong close at the high. Clear buy signal and market turned bullish again. 2700 is the next big target for the bulls and best case for them would be to keep the 1h 20ema support. Bears need a strong move down to get below 2650 again and then sideways for many bars to turn it neutral again.
current market cycle: trading range
key levels: 2560 - 2760
bull case: Bulls want 2700 next but I doubt they will get much higher than that. Longing any pullback for target 2700-2720 is reasonable for now. The last time bulls printed two consecutive strong bull bars on the daily chart was in mid December when we moved 120 points up. A measured move from the past 2 days brings us to 2730ish and close enough to the lower highs around 2740/2760.
Invalidation is below 2640.
bear case: Bears were nowhere to be found today. They could not print 1 decent 1h bar and that is why I think today’s price action is so strong. Every small dip was bought and volume is also picking up again. Bears would need something below 2640 again but for now the best they can hope for is to stay below 2700 and go sideways.
Invalidation is above 2710.
short term: Bullish. Want to see 2700 and markets reaction there. Depending on the next pull-back, this could continue to 2740+ and break above the bear trend line but for now I look for longs for target 2700.
medium-long term - Update from 2024-01-02: If we break strongly above 2700, we will likely retest 2740-2760 and depending on that move, we will either stay inside the big range 2560 - 2760 or retest 2800 or even higher.
current swing trade : None
trade of the day: Buying near the 1h 20ema.