GOLDMINICFD trade ideas
XAU bullishGold broke to the upside still printing bullish PA despite bearish pressure . Please check idea before execution. Not financial advise. Monitor PA to 2680 and beyond. RM 2% equity
BUY GOLDSupport and Resistance:
Support Level: Around 2,558.12 USD (Stop Loss level).
Resistance Level: 2,717.91–2,720.69 USD (Take Profit 2 zone).
Trend and Pattern:
Price is moving within an ascending channel, indicating a bullish trend.
Potential upward movement towards the resistance zone.
Indicators:
MA50 and MA200 Cross: A golden cross suggests bullish momentum.
RSI: At 67.77, nearing the overbought zone, signaling caution for potential corrections.
Trading Plan:
Entry: Around 2,617.43 USD (current price).
Take Profit 1: 2,650.54 USD.
Take Profit 2: 2,717.91–2,720.69 USD.
Stop Loss: 2,558.12 USD (below the support zone).
Risk Management:
Maintain a risk-to-reward ratio of at least 1:2.
Monitor global economic news affecting gold prices.
Summary:
The chart suggests a bullish opportunity for XAU/USD. However, monitor for short-term corrections as RSI approaches overbought levels. OANDA:XAUUSD
GOLD Will Go Higher From Support! Long!
Please, check our technical outlook for GOLD.
Time Frame: 45m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 2,639.504.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2,649.727 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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Gold Bearish"All Insights are given on Chart"
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Note :
Do your own Research and Trade Wisely Never rely on my opinions.
Good Luck folks
XAU/USD 1-Jan-2025 *Happy New Year*On the daily timeframe;
I see the flag pattern,
which, by forming a triangle, the price broke its lower side
and after hitting the Fibonacci level 0.618 (2606), it had a pullback
which in my opinion is a complete pullback and I expect the downtrend to continue
On the other hand:
Although the price is on dynamic support, and MA20 on the weekly timeframe,
The price is in the range area, below the very strong resistance area
a zone that in the past weeks, was very strong as support
and for a long time the price was limited in it
Therefore, I do not think the price can easily move above this area (2625-2634)
Target 1: 2601
Target 2: 2591.5
Target 3: 2576
*Be profitable
Thank you for expressing your opinion by liking and commenting
GOLD (XAU/USD) Key support level? Hi guys today we are going to take a look into GOLD on 1H time frame which is showcasing that we are sitting on a very low RSI level making the price quite over sold.
Currently I am looking for two set-ups for a reversal
Entry: 2,627
Target 1: 2,640 above a strong support level
Target 2: 2,665 at a weak resistance level
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
GOLD MONTHLY CHART LONG TERM/RANGE ROUTE MAPHey Everyone,
Please see update on our monthly chart idea for our long term/range analysis.
Beginning of the month we stated that this month also started with a detachment to ema5 below for a correction, which was also highlighted with a small mini circle on the chart for visual purpose.
- This detachment to ema5 was completed perfectly.
We also stated that the area above 2589 is a strong level of support with ema5 providing dynamic support now for a bounce.
- This also played out perfectly with ema5 providing dynamic support and above our 2589 support level for the push up, perfectly hitting our axis target 2702.
We now have two days for month end and will need a body close above 2702 for confirmation for a further continuation or a body close below 2589 to confirm the channel top test below.
However, if price closes this month in this range without the body closes, then we are likely to see play between this range for another month with not much detachment on the next monthly candle to ema5, which means the likely dynamic support should be provided by ema5 from the beginning of the month.
We will continue to use all support structures, across all our multi time frame chart ideas to buy dips also keeping in mind our long term gaps above. Short term we may look bearish but looking at the monthly chart allows us to see the bigger picture and the overall long term Bullish trend.
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
XAUUSD: BEARISH TECHNICAL ANALYSIS (READ CAPTION)hello dear traders this is my xauusd analysis.
kindly share your opinion with me about this chart in comment section
current xauusd price is 2639.00
The price of gold now running near our neckline that's w we expect bullish movement from this level to our given resistance if it not break then we expect big sell move from that zone
This is not financial advice but the technical and fundamental analysis show that the price of gold will go down to the our support area
Key points:
supply zone 2710.00/2718.00
resistance 2651.00/2662.00
RBS 2626.00/2633.00
demand 2595.00/ 2584.00
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, The forex adventures
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 $2,693 which is the position of the upper edge of the triangle. purple price tag.
Thus, the intraday trend of gold prices will be noticed again by the following levels.
Support: 2,634 – 2,640USD
Resistance: 2,664 – 2,693USD
SELL XAUUSD PRICE 2694 - 2692⚡️
↠↠ Stoploss 2698
→Take Profit 1 2687
↨
→Take Profit 2 2682
BUY XAUUSD PRICE 2629 - 2631⚡️
↠↠ Stoploss 2525
→Take Profit 1 2636
↨
→Take Profit 2 2641
Xauusd S/R Levels And TradesThere are three possible trades for today. If volume gets choppy or low than avoid trading.
Trade 1 Sell: if 30 min candle rejects 2609 than Sell with Target @ 2596.
Trade 2 Buys : if 30 min candle rejects 2596 than Buy with Target @ 2609.
Trade 3 Buys : if 30 min candle closes above 2611 than Buy with Target @ 2621.
Happy new year in advance everyone.
Gold Price Analysis: Key Levels and Potential Reversal ZonesFXOPEN:XAUUSD Gold Price Analysis: Key Levels and Potential Reversal Zones
The chart displays the price action of CFDs on Gold (US$/OZ) on a 4-hour timeframe. The chart is annotated with various technical indicators and concepts, including Break of Structure (BOS), Change of Character (ChoCH), Fibonacci retracement levels, and volume profile.
Price Action Analysis:
The chart shows multiple BOS and ChoCH points, indicating shifts in market structure.
The price has recently broken below a significant support level around 2,640.978, suggesting a bearish trend.
Smart Money Concepts (SMC):
BOS and ChoCH annotations highlight key areas where institutional traders might have entered or exited positions.
The recent BOS at 2,640.978 suggests a potential continuation of the downtrend.
ICT Elliott Wave Analysis:
The chart shows potential Elliott Wave patterns with corrective waves forming within the highlighted Fibonacci retracement zones.
The 0.382 (2,659.5136) and 0.786 (2,594.0628) Fibonacci levels are key areas to watch for potential reversals.
Volume Profile:
The volume profile on the right side of the chart indicates high trading activity around 2,726.130 and 2,601.810, which can act as resistance and support levels, respectively.
Indicators:
The MACD histogram at the bottom shows a mix of red and green bars, indicating fluctuating momentum.
Buy Strategy:
Entry: 2,601.810 (near the support level and high volume area)
TP1: 2,640.978 (previous support turned resistance)
TP2: 2,659.5136 (0.382 Fibonacci level)
SL: 2,582.264 (below the support level)
Sell Strategy:
Entry: 2,640.978 (previous support turned resistance)
TP1: 2,601.810 (support level and high volume area)
TP2: 2,594.0628 (0.786 Fibonacci level)
SL: 2,659.5136 (above the 0.382 Fibonacci level)
Follow @Alexgoldhunter for more strategic ideas and minds
This detailed analysis incorporates various trading strategies, including Price Action, Smart Money Concepts (SMC), and ICT Elliott Wave strategies, to formulate comprehensive buy and sell strategies. The indicators displayed on the chart, such as Fibonacci retracement levels, volume profile, and MACD, support the analysis and identify key levels for entry, take profit, and stop loss.
Xauusd buy Gold price attracts some follow-through sellers at the start of a new week and retreats further from a nearly three-week high, around the $2,665 region touched on Friday. The prospects for slower Fed rate cuts in 2025 keep US Treasury bond yields elevated, undermining the non-yielding yellow metal.
Xauusd buy 2625
Support 2635
Support 2645
Samll sell
XAUUSD - Todays PlanWe are back after the festive period! Here is our view and update on XAUUSD . Potential opportunities and what to look out for after the Holiday season and start of the New Year.
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 on November 27th.
XAUUSD is currently trading at around 2635 .
Scenario 1: SELLS from 2636 or 2630
That would confirm our pullback to the upside and breaking below 2630 would give us an opportunity to drop back down to 2611 or 2604 which is still one of our major Key Levels. Next we would be targeting a very important KL (Key Level) 2590.
Scenario 2: BUYS from 2645
We broke above 2636 and are trading above it. We should see more upside towards 2645 potentially reaching and breaking 2660. If 2660 is broken, it would invalidate our long-term analysis on XAUUSD.
Personal opinion:
We are still extremely bearish on XAUUSD. Safe sells would be placed at breaks of 2630 and we could potentially reach our target today (2611 - 2604). On the other hand if we start breaking above 2636 and breaking 2645, we would be looking to finally change our long-term bias and look for further buys reaching 2714 again.
KEY NOTES
- XAUUSD breaking below 2630 would confirm sells down to 2611 - 2604.
- XAUUSD breaking above 2645 would confirm further buys up to 2660.
- DXY is still holding strength and shows no signs of stopping.
Thank you everyone for your amazing support lately. We will continue to provide value to you.
Happy trading!
FxPocket
XAUUSD LOING SETUP [Read Caption]Hey guys I am here to share you one of the best XAUUSD setup, so do not forget to share your opinion about my chart. Kindly follow me and boost my charts for best XAUUSD setups.
XAUUSD was in range for so many days and now finally it has break the range and now it is reversing to retest the level that it has broken, XAUUSD is now running at major support zone Now XAUUSD is running at 2640 and now it is possible that gold will touch our 1st target 2663 and then may be it will give rejection because 2663 is a resistance area, if XAUUSD break the resistance then 2680 is next target of XAUUSD. If XAUUSD break the support then it can reach to the support area 2..
KEY POINTS:
Current Price 2640
Target 1 2663
Target 2 2680
Support Area 2637/2629
Support Area 2 2611/2603
Remember that XAUUSD should break the first target 2663 and then we should go for the next target otherwise first resistance zone is the target.
kindly boost my charts and do not forget to share it with friends and follow me for latest updates on XAUUSD..
First short gold, then go long gold!Currently, gold has risen sharply and broken through the short-term high of 2638. There is no good position to continue chasing the rise of gold. The highest gold has reached near 2646. I do not intend to continue chasing the rise of gold near this position. On the contrary, I have continued to short gold near 2646. When gold falls back to the 2640-2630 area, I will consider going long on gold!
Bros, do you think gold will retrace? 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 sell trend now in M30Gold is falling down but there is previous breakout at the 2630 level we will try to buy from there target will be 2660 use your stop loss to 2625
please support my work by like / boost my idea and comment your thoughts in comments
please manage money management trade at your own risk
Best wishes Tom 😎
XAUUSD NEXT MOVE (Read Caption)Hello Traders, this is my idea on XAUUSD next move .kindly boost my charts and follow me for best technical analysis.
In last couple of days XAUUSD tried to break the range and yesterday gold break this range and go for good long. according to me gold can go for long because it is at its major support zone 2638/2630 and will touch first resistance 2658/2665 and then if it break the resistance then it is confirm that gold can touch 2681.
KEYPOINTS;
entry 2637
support area 2638/2630
resistance area 2658/2665
target 2681
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XAUUSD Strategy: Is Gold Poised for More Gains?Hello everyone, let’s continue planning our strategy with XAUUSD today!
Currently, gold is showing a slight recovery on the short-term analysis chart, trading around the resistance level of $2,634 USD, with a few key highlights to note:
Trend Analysis: The price is moving above the EMA 34 and EMA 89, with the EMAs reversing direction, signaling a bullish recovery and short-term upward correction.
After breaking out of the descending price channel, gold has immediately tested the $2,630 USD resistance. If this level is breached, the next target is $2,650 USD. Alternatively, $2,620 USD appears to be a promising buy zone for traders following price action strategies.
So far, gold has gained nearly 100 PIPs, reflecting the return of bullish momentum. Therefore, the current short-term outlook favors buying opportunities.
What about you? What’s your take on today’s trend and gold’s outlook for 2025? Should we continue buying gold? Share your thoughts in the comments!
GOLD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
GOLD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 2,592.930 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GOLD pair.
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BullishIm still bullish the price just make correction..Let see if the price can bounce from this level to the upside
Gold Spot (XAU/USD) Technical Analysis: Potential Decline to KeyThis analysis of Gold Spot (XAU/USD) on the daily timeframe highlights the price structure, Fibonacci retracement levels, and Andrews' Pitchfork, suggesting the possibility of further downside movement to key support areas.
Key Highlights:
Corrective Wave Structure and Key Resistance:
The recent upward correction appears to have completed near the resistance zone of $2638–$2655, aligning with the 38.2% and 50% Fibonacci retracement levels.
The condition for further decline is the inability to close a daily candle above this resistance zone. Failure to break this level increases the probability of continued bearish movement.
Andrews' Pitchfork:
The price is clearly moving within the Andrews' Pitchfork, which illustrates the overall bearish direction of the market.
Price action at the median and outer lines of the pitchfork will determine the next move.
Key Support Levels:
The first major support level is at $2545, which could act as a short-term target.
If selling pressure persists, the price may drop further to the next significant support at $2495, completing the anticipated C-wave.
DT Oscillator:
The downward turn in the DT Oscillator provides confirmation of continued bearish momentum.
This bearish signal, combined with failure to break the key resistance zone, increases the likelihood of a move toward the identified support levels.
Potential Scenarios:
Bearish Scenario:
If the daily candle fails to close above the $2638–$2655 resistance zone and the DT Oscillator maintains its bearish signal, the price is likely to decline toward $2545 and potentially $2495.
Bullish Scenario:
A close above the $2638–$2655 resistance zone, coupled with a bullish turn in the DT Oscillator, could indicate a potential trend reversal and a move toward higher levels, possibly $2700+.
Conclusion:
Based on Andrews' Pitchfork, the key resistance zone, and the signals from the DT Oscillator, Gold Spot is at a critical juncture. If the resistance holds, the price is likely to decline toward the $2545 and $2495 support levels. Traders should closely monitor the price reaction to these levels and momentum signals for potential setups.
Feel free to share your thoughts or questions in the comments, and don’t forget to follow me for more detailed analyses like this!
