Xauusdanalysis
XAU/USD Longs from 2,630 or 2,610 back upThis week, my GOLD analysis focuses on the continuation of the bullish trend. Last week, GOLD showed significant bullish momentum, and we can expect the price to retrace into an unmitigated demand zone before resuming its upward direction.
I’ll be watching for the price to tap into either the 7-hour or 4-hour demand zone below. Once it does, I’ll closely monitor lower time frames for confirmation. If the setup aligns, I’ll look to take buy trades with the trend, aiming to clear liquidity resting above.
Confluences for GOLD Buys:
- Recent and overall bullish momentum.
- Unmitigated demand zones near the current price.
- A confirmed break of structure to the upside.
- Significant liquidity above, including Asia highs and imbalances.
Note: As the price approaches a key supply zone, we might see some bearish pressure. This could present an opportunity for a potential counter-trend trade.
Xauusd next target 2667 when market openHere's a summary of your updated XAU/USD trade plan:
Trade Plan
- _Entry Point_: 2639/2634 (current)
- _Target_: 2667
- _Stop-Loss_: 2627
Market Analysis
The XAU/USD is experiencing a bullish trend, driven by a weakening US dollar and increasing inflation concerns.
Technical Analysis
- _RSI Indicator_: The Relative Strength Index (RSI) is above 50, indicating a bullish momentum.
- _Moving Averages_: The 50-day moving average is trending upwards, supporting the bullish view.
- _Support Levels_: The support levels at 2627 and 2620 could provide a buying opportunity in case of a pullback.
Risk Management
- _Risk-Reward Ratio_: Your risk-reward ratio is approximately 1:3.3, which is relatively aggressive.
- _Position Sizing_: Make sure to adjust your position size according to your risk tolerance and account size.
Trade Progress
You're currently 28-33 pips away from your entry point confirmation. Keep monitoring the market and adjust your strategy as needed.
Stay disciplined and stick to your trade plan. Good luck!
THE KOG REPORT - WeeklyWhen we first started publishing on Tradingview we used to share the long term charts along with the weekly plan but then decided to stop. We've had quite a few requests for our long term projections so we'll try and keep up to date with publishing them.
Weekly Chart:
On this chart we can see a clean reversal formed with the resistance level now at the 2655-65 region just like the monthly chart. If the level holds us down, we have support below 2555-60 on what could be the breaker swing! This entails caution, if we attack that region and break the kings swing takes us again into that 2480 region before then bouncing. This could be the shake up the market has been waiting for.
Red boxes on this chart represent the key levels for the swing trades and longer captures. Together with the strategy and the indicators, they'll help keep us in the right direction.
Key level resistance 2660-70 break for 2720
Key level support 2560, break for 2480
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As always, trade safe.
KOG
Where gold will move after weekend open? (BULLISH ACTIVE & WHY)Hey everyone this is your boy Hunbal! I am looking for a good buy trade ready for asian session gold is ready for a drop I have 1 confirmation one the rejection from the support level and second I am waiting choc in m30 time frame so we are hoping a good buy from here (2632) our take profit will be 100 pips 2642 and our stop loss will be 80 pips 2624. I wish we all together print some money.
Good Luck :)
XAU/USD 06-10 January 2025 Weekly AnalysisWeekly Analysis:
Swing Structure -> Bullish.
Internal Structure -> Bullish.
Analysis/Bias remains the same as analysis dated 01 December 2024.
Price Action Analysis:
In my analysis dated 27 October 2024, it was noted that the first sign of a pullback would be a bearish Change of Character (CHoCH), indicated by a blue dotted line. Price's consistent upward momentum had positioned this CHoCH much closer to recent price levels as expected for weeks.
Now, for the first time since 23 November 2020, price has printed a bearish CHoCH. We are currently trading within a defined internal range.
Price is anticipated to trade down towards either the discount of the internal 50% Equilibrium (EQ), highlighted in blue, or the Weekly demand zone before targeting the weak internal high.
Note:
It is highly unlikely price will "crash" as many analysts are predicting. My view is this is merely a corrective wave of the primary trend.
Given the Federal Reserve's dovish policy stance alongside heightened geopolitical risks, market volatility is likely to remain elevated, influencing intraday price swings.
Weekly Chart:
Daily Analysis:
-> Swing -> Bullish.
-> Internal -> Bullish.
Analysis/Bias remains the same as analysis dated 01 December 2024
Price Action Analysis:
Price has shown a reaction from discount of internal 50% EQ. Currently price has been unable to target the weak internal high
Given the current internal range dynamics, price is expected to target weak internal high, priced at 2,790.170 However, considering the signs of a pullback phase on the Weekly timeframe, there remains a possibility of price printing a bearish Internal Break of Structure (iBOS). Price has yet to tap into Daily demand.
Note:
With the Fed maintaining a dovish policy stance and the continued rise in geopolitical tensions, we should anticipate elevated market volatility, which may impact both intraday and longer-term price action.
Daily Chart:
H4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Analysis/Intraday expectation remains the same as analysis dated 16 December 2024.
Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase.
Price Action Analysis:
Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity,
for two possible reasons.
1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high.
2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855.
Intraday Expectation:
Intraday expectation and alternative scenario as per points 1 and 2.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
GOLD (XAUUSD): Bullish Outlook For Next Week Explained
Gold formed a strong bullish pattern on a daily - a cup & handle.
A breakout of its horizontal neckline is an accurate bullish signal.
With a high probability, the market will continue rising next week.
Next resistances - 2674 / 2716
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Sizing Up XAUUSD into the New Year: What’s Next for GOLD?👀 👉 In this video, we conduct a quick top-down analysis, identifying key structural levels where major players may target liquidity to execute their orders. Understanding these levels—from the monthly and weekly down to the daily charts—can help pinpoint potential opportunities on the four-hour and lower timeframes. This video offers a breakdown of my analysis process. (Not financial advice.) 📊 ✅
Stick to buying gold on dipsBros, during the second pullback, gold touched the 2639 level but failed to decisively break below it. Clearly, the bullish structure of gold remains intact. In fact, as long as gold holds above 2635, it indicates that the bulls have not entirely lost control.
I believe this pullback is merely a healthy correction within the broader uptrend, serving as a consolidation phase. Once gold stabilizes, it is likely to resume its upward trajectory. If gold can rebound above 2645 in the short term, bullish momentum will undoubtedly gain further strength, reinforcing the bullish signal.
Therefore, I see this short-term pullback as an excellent opportunity to accumulate gold at discounted levels. Let’s use this retracement to build positions at favorable prices, and once gold rebounds, it may deliver surprising and exceptional returns!
Bros, are you optimistic about the rebound of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
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-$2,631), we should expect Gold to fall further.⚠️
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
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XAU/USD Gold Long Trade before 20-Jan-2025The market is showing a bullish move according to technical analysis, before 20-jan-2025, the market can either take support from the 200 EMA and go bullish or retest the zone of 2630 and give a bullish move. This analysis is only for learning purposes. Please do your risk calculation before taking any trade.
It jumped 40$, 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
Levont - XAU/USD: Testing Key ResistanceXAU/USD Analysis (Gold Spot/USD)
📊 Timeframes Analyzed:
- 1H Chart:
The price is currently trading at $2,657 , consolidating near the key resistance zone between $2,659 and $2,660 . This area aligns with the 61.8% Fibonacci retracement level , which has historically acted as a strong supply zone. Price action shows multiple attempts to break above this level, but bearish pressure has kept it contained so far.
A potential rejection here could lead to a pullback toward the $2,654-$2,650 support range , while a breakout above $2,660 could trigger a bullish continuation toward $2,666 .
- 5m Chart:
Zooming in, the price is moving within a rising channel , showing short-term bullish momentum. However, the channel's upper boundary aligns with the higher timeframe resistance zone ( $2,659-$2,660 ), suggesting that the bullish move may face exhaustion soon. A rejection from this level could result in a breakdown of the channel and a retest of lower supports around $2,652-$2,650 .
🔑 Key Levels:
- Resistance Zone: $2,659 - $2,660
- Support Levels: $2,654 and $2,650
📈 Outlook:
The current price action suggests that gold is at a critical juncture:
- Bullish Scenario:
- A breakout above the resistance zone at $2,660 (confirmed by strong candle closures and volume spikes) could lead to a continuation toward higher targets like $2,666 or $2,670 .
- This scenario would align with the broader bullish sentiment seen in recent sessions.
- Bearish Scenario:
- If the price fails to break above $2,660 and shows signs of rejection (e.g., long upper wicks or bearish engulfing patterns), we could see a pullback toward immediate support levels at $2,654 or $2,650 .
- A breakdown below $2,650 could open the door for further downside toward $2,644 .
💡 Note: Watch for confirmation signals such as volume spikes or clear candlestick patterns before entering trades.
🌍 Fundamental Analysis:
Positive Factors Supporting Gold:
- Global Economic Uncertainty:
Concerns about slowing global growth and geopolitical tensions (e.g., ongoing instability in Eastern Europe) are driving demand for safe-haven assets like gold.
- Weaker U.S. Dollar:
The U.S. Dollar Index (DXY) has shown signs of weakness recently due to expectations that the Federal Reserve may pause rate hikes in early 2025. A weaker dollar typically supports gold prices as it becomes cheaper for holders of other currencies.
- Seasonal Demand:
January often sees increased demand for gold due to seasonal factors such as jewelry purchases in Asian markets and portfolio rebalancing by institutional investors.
Risks/Negative Factors for Gold:
- Hawkish Federal Reserve Policy:
Despite speculation about a pause in rate hikes, any unexpected hawkish commentary from the Fed in its upcoming January meeting could strengthen the dollar and pressure gold prices downward.
- Profit-Taking Near Resistance:
With gold nearing key resistance levels ( $2,660 ), short-term traders may take profits, leading to temporary pullbacks.
- Equity Market Recovery:
If global equity markets continue their recovery into early 2025, it could reduce demand for safe-haven assets like gold.
Continue to hold long positions, target: 2670-2680Bros, as I mentioned in my previous article, gold remains in a clear bullish structure. The recent short-term pullback is merely a consolidation phase to accumulate bullish momentum for further upside. As anticipated, gold retraced to the 2650-2640 zone, reaching a low of around 2650 before rebounding. Currently, gold has recovered to approximately 2658.
In line with my trading strategy, I have already entered long positions on gold. Although I went long slightly earlier at around 2651, it is clear that gold has rebounded as expected, and our long positions are now profitable! Based on the step-like structure of gold's upward trend, there is still potential for gold to continue rising to the 2670-2680 region. Let’s hold on to our long positions and look forward to achieving even greater profits!
Bros, have you followed me to do long gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
GOLD. Approaching the zone of the beginning of sales GOLD. Approaching the zone of the beginning of sales
Current Structure:
The upward correction is approaching the selling zone around 2637 USD/oz (labeled as “sell zone”).
The trend line below keeps the structure within the expected decline.
The zone of interest for a potential decline is labeled with a target level at 2548 USD/oz.
Key factors:
The 4-hour EMAs (exponential averages) are crossing and acting as resistance. This strengthens the probability of a decline.
The 61.8% Fibonacci 61.8% also coincides with the sell zone, confirming its significance.
Prediction:
If the price reaches 2637 USD/oz, there is a high probability of a reversal and the beginning of the decline.
The target is 2548 USD/oz.
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XAUUSD Buy analysis Gold prices (XAU/USD) edges higher in Friday's European session ahead of the United States (US) ISM Manufacturing Purchasing Managers' Index (PMI) data for December, which will be published at 15:00 GMT. The Manufacturing PMI is seen steady at 48.4, suggesting that activities contracted at a steady pace.The precious metal has a stellar performance in 2024 with gains exceeding 27%, the metal’s best annual return since 2010. This sustained rally is attributed to strong safe-haven demand amid persistent geopolitical tensions in the Middle East and the prolonged Russia-Ukraine conflict.According to three sources cited by Axios, US President Joe Biden reportedly discussed contingency plans to strike Iran’s nuclear facilities if Tehran made significant progress toward developing a nuclear bomb before Donald Trump’s inauguration on January 20. These discussions highlight heightened concerns over Iran’s nuclear ambitions during the transitional period between administrations.Gold price trades near $2,660.00 per troy ounce on Friday, with the daily chart signaling an emergence of a bullish bias. The metal price has climbed above the nine- and 14-day Exponential Moving Averages (EMAs), indicating a strengthening bullish momentum in the short term. Moreover, the 14-day Relative Strength Index (RSI) has risen above the 50 level, further supporting the development of a bullish bias
GOLD Buy NOW
#XAUUSD
GOLD BUY 2655 _ 2660
TP¹ : 2665
TP² : 2670
TP³ : 2675
TP4: 2680
STOP : 2645🛑
100% CONFIRM SIGNAL
Use Proper Money
Management. Consistency is
XAUUSD - what will happen before the Holiday season?Here is our view and update on XAUUSD . Potential opportunities and what to look out for before the Holiday season starts.
Let’s take a step back and take a look at XAUUSD from a bigger perspective. For this we are attaching the long-term overview on the pair.
We are still following the sell bias we have published.
XAUUSD is currently trading at around 2625 with lower volume than usual.
Scenario 1: SELLS from 2620
That would confirm our pullback to the upside and breaking below 2620 would give us an opportunity to drop back down to 2604 or 2600 flat. Next we would be targeting a very important KL (Key Level) 2590.
Scenario 2: BUYS from 2638
We broke above 2638 and are trading above it. We should see more upside potentially reaching new highs at around 2666 which was also an important KL (Key Level) before.
Personal opinion:
The direction for now is unclear until we break our mentioned key levels. A safe sell trade could be taken at 2620 or a safe buy at the breaks of 2638. Be patient and stay tuned for updates on this pair. For now we are sticking to the sell bias from the long-term overview.
KEY NOTES
- XAUUSD breaking below 2620 would confirm sells down to 2604 - 2600.
- XAUUSD breaking above 2638 would confirm further buys up to 2666.
- Volume is lower as the business year is coming to an end and Holiday season is about to start.
Thank you everyone for your amazing support lately. We will continue to provide value to you. Happy Holidays!
Happy trading!
FxPocket
GOLD- xauusd today once again upward.. read caption Gold rose very well yesterday after the New Year holiday. Geopolitical tensions and central bank gold buying are the main drivers supporting the gold price increase
🛒Gold is currently moving steadily above the 2650-2655 zone, indicating that the upward momentum may continue and head towards the 2670 zone - the 61.8% Fib resistance zone of the 2726-2583 decline. You can wait to Buy around 2655 - 2653. SL 2650
Don't be afraid of pullbacks, buy gold!Currently, gold's rebound has stalled around the 2665 level, followed by a pullback to a low of approximately 2652. Many are likely wondering how far this retracement might extend.
From the current structure, despite the pullback, gold remains in a clear bullish trend. During its upward movement, gold gained strong momentum, breaking through multiple resistance levels at 2635, 2640, and 2655. Based on this bullish momentum, gold still has room to continue rising, with potential targets at 2670-2680 or even 2695.
It is evident that the short-term retracement in gold is likely a consolidation phase to build momentum for the next upward move. Therefore, there’s no need to fear the pullback. If gold retraces to the 2650-2640 zone, I believe this would present a strong buying opportunity to go long.
Bros, are you optimistic about the continued rise of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
GOLD- its breakout ? whats next ??#GOLD.. perfect move as per our analysis and now market just broke his area and trade above that.
keep close guys we have 2628 as major supporting area now and if market holds that level in that case we can expect a further bounce to upside .
dont be lazy here.
good luck
trade wisely