XAUUSD SHORTXAUUSD has Its a 4Hour Resistance line. Now it is going down to hit the 1day Upward Trendline.
Safe Trades. Thankyou
GOLDMINICFD trade ideas
XAUUSD updatePlan your trades, and trade the plan,2025 will always be better than 2024 every year come with blessings,..make sure are moving with smart people's not everyone must be in your circle.
Gold BULLISH SCENARIO .read description .gold View for BULLISH SCENARIO . might be the next ATH ?
going to sweep the marked tops by closing above 2627.3
then we expecting a retrace around 2664 .
based on what we get on the way we will update the view .
but overall closing above 2715 for few days should take us to ATH as shown in prev idea .
(( this is only for BULLISH SCENARIO )) - for bearish one if we closed below the last low 2540 we going down deep 2471 .
Daily Analysis of Gold Ounce to USD – Issue 181The analyst believes that the price of { XAUUSD } will increase 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 Price Today, January 2, 2025: Strong Start to the New YearGold prices today are maintaining a sideways trend compared to yesterday, trading around the 2,634 USD level. The outlook for U.S. interest rates remains the key factor supporting gold's upward momentum. Trade policies under President Trump, along with the Federal Reserve's interest rate trajectory, will be crucial elements influencing the inflation landscape and directly impacting gold prices.
According to technical analysis, gold is currently recovering and heading towards resistance at 2,636 USD. If this level is broken, gold may continue its upward trend, with the next target set at 2,651 USD.
The current gold market still carries many uncertainties, so maintaining a solid risk management strategy and closely monitoring global developments will be essential to protect trading accounts.
XAUUSD: Year End ReviewWow what a year it has been!
It's one thing for Tradingview to give us our stats, but it's an entirely different animal when looking at my individual trades head on like this. I can see where I over traded and when/where I made some much needed tweaks.
The tweaks that were made we're so much my strategy as much as it was mindset - taking fewer trades and letting them run longer. On average 2-4 hours.
I learned so many lessons the main one being less truly is more .
So often I would struggle looking at my losing trades and really reviewing my mistakes. Looking at my metrics on my Topstep account allowed me to refine my mindset. I knew when my most profitable days were/are, how long I should hold my trades to allow them to play out to full TP, and arguable the most important stat - when to stay out of the market.
By analyzing just these three metrics I was able to end the year in profit and believe it or not I was able to finish 4 out of 6 months in profit and get funded/pass my trading combine/evaluation.
This isn't the first time I've been funded. However this is the first time and longest time I have kept my account and the closest I have gotten to a payout.
My trading goals for 2025 is to of course get 1 payout per month and earn 4 more funded Topstep funded accounts. This will max out the number of accounts I can have with Topstep. The best part is I can put all 5 accounts on their integrated trade copier.
I decree and declare over myself that 2025 is going to be my best, most profitable, and most prosperous year to date - IN JESUS NAME! AMEN!
XAUUSD GOING LONGLong Analysis of XAUUSD – 4H Timeframe
Market Structure:
The price is in a corrective phase but remains within a broader bullish trend.
The Fair Value Gap (FVG) and demand zone near $2,600 provide potential support for a long setup.
Key Zones:
Golden Zone: Price has previously rejected this supply area. A clean break above $2,660 could signal further bullish momentum.
Demand Zone: The price is reacting around the $2,640 level, indicating buying interest.
Entry Strategy:
Look for bullish confirmation around the FVG/demand zone ($2,600-$2,640).
A clear break above $2,658 and consolidation would confirm bullish continuation.
Targets:
TP1: $2,687 – aligned with a minor resistance level.
TP2: $2,727 – at the upper resistance near the supply zone.
Risk Management:
Stop-loss should be placed below the demand zone, near $2,593, to limit downside risk.
Outlook:
Bullish opportunities are favorable if price maintains support at key zones and forms higher lows. Watch for breakout confirmation above structural resistance. FX:XAUUSD
NEXT XAUUSD TARGET 2640This chart appears to highlight a technical analysis of gold prices (CFDs on Gold, US$/OZ) on a 30-minute timeframe. Key points include:
1. Resistance Level: Marked around $2,640, showing an area where the price has struggled to break higher.
2. Support Level: Around $2,600, acting as a strong price floor.
3. Next Target: The analysis suggests a bullish move toward $2,640.
Buy gold on dips, the rise may extend to 2680-2690Bros, as outlined in the trading strategy shared in my previous article, we went long on gold near the 2640 level. Subsequently, gold rallied as anticipated, hitting my target zone of 2655-2660. We manually closed our long positions around 2659, securing an easy profit of nearly 200 pips—a highly effective trading strategy!
In the short term, gold reached a high of around 2664 during its upward movement. However, due to the impact of PMI data, gold experienced a sharp pullback and is now trading back near the 2642 level. Despite this data-driven decline, I do not recommend chasing liquidity by shorting gold. The bullish structure remains intact, as evidenced by multiple pullbacks that failed to disrupt the uptrend. Moreover, strong buying interest at lower levels continues to support gold, which still has potential for further upside. I anticipate that this round of upward movement may at least test the 2670-2675 zone, with the possibility of extending to 2680-2690.
For the upcoming trades, our primary strategy remains to buy on dips. Key support levels are concentrated in the 2630-2640 range.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 next expected moveAs if we can see that there is a strong resistance level AT 2665 and there is a possibility that in H1 time frame if it makes cup and handle pattern then there is a possibility it can go up to the level of 2675
or if it breaks the resistors level without making any pattern then still over target will be 2675 and if it breaks 2675 then we can see 2700 level as well hope you guys will like this idea thank you.
Support level for now is 2632 Resistance level for now is 2665 2675.
XAUUSDGold remains in a strong bull run since 2019.
The first trigger for a massive bullish rally was Covid.
The end of lockdowns made Gold finally stop the rally.
The second strong bull run was triggered by the initiation of a "Special Military Operation" in Ukraine by Russia in 2022.
The rally become even stronger with the third bullish wave being caused by the start of Israeli Palestinian conflict.
The main drivers that push Gold prices up are the wars, complete uncertainty and the expectations of further escalations.
However, the US elections and promises of Trump to stop the wars and bring peace made Gold stop growing and initiate quite a remarkable bearish rally in November.
Now the market awaits if Trump will manage to deliver his campaign promises.
If his administration finds a way to stop conflicts in Ukraine and Gaza, Gold will start falling to lower structure levels.
Failure of Trump to bring peace and the escalation of geopolitical tensions in contrary will trigger another bullish rally to new all-time highs.
Pay attention to the actions of Trump after the inauguration and let's hope for the best!
Possible bullish case for Goldcurrently, it can be seen on the chart that gold is facing resistance at 2665.78 and its been twice that it got a rejection with a strong downward movement but gets a decent bounce on the drawn trendline which acts as support. Once the price breaks the marked resistance level, move upwards and then comes back to retest it then it will be a strong indication of bullish movement
Still Rising wedge on XAUUSD ?As we discussed in our previous commantary market is in Rising channel
However, market was rejected from 2650 yesterday now its second time to retesting it.
What possible scenario do we have today?
At this moment 2650 R is an important area, if market make it flipped then our eyes will at 2665 first then 2680.
On the other hand ,2630-2633 area is most crucial because at that point trend can be changed.
On Ny session, there are two fundamental news, which im expecting market first retest the Black area of 2630-33 then rise above.
Furthermore, if then price action got volume and break the support area then Rising channel will be invalid and we'll on bearish trades.
Wait and Watch time.
Closing my second order in ProfitAs discussed throughout my yesterday's session commentary: "My position: I have engaged another re-Sell order with #2,636.80 entry point (optimal Target remains #2,622.80 Support in extension. If #2,627.80 gets invalidated Gold will extend the Selling sequence, if however #2,627.80 rejects the Price-action, I will close my order there and remain on sidelines."
I have closed my second Selling order with Target hit (#2,636.80 - #2,622.80) on a fine #14-point run extending my results range to #109 Profits and #21 Stop-loss hits regarding December #2023 - January #2024.
Technical analysis: Gold has made an important Bearish step towards full scale Hourly 4 chart’s reversal as it almost tested the #2,608.80 pressure point. That makes Hourly 4 chart practically Bearish side, however well Supported at #2,600’s, which has held and rejected the downside attempts on multiple occasions. Hourly 4 is still Neutral as said, however invalidated Ascending Channel on Hourly 1 chart has expanded giving me Selling signs that Gold may test #2,600.80 benchmark even before positive NFP numbers (if debacle happens again, Gold can engage aggressive uptrend towards #2,662.80 strong Resistance in extension).
Fundamental analysis: Gold was mainly correlated with DX during last #6 Months of the Year and probability that January will also be DX Month is (#91%) since Bond Yields were on uptrend and invalidated wall of Resistances, and Gold was also on Short-term recovery which confirms my Gold - DX correlation on January opening, so look for pointers there. Remember, when you are unsure of the Medium-term direction on Gold always look for clues on DX and Trade accordingly. Only when DX Trade on Daily and Weekly chart’s (#1W) Lower High's I will be able to note with a higher degree of certainty that the Bearish reversal on Gold is sustainable. Since #2,600's held as a Support zone, Gold Naturally found Buyers.
My position: Gold is Neutral Rectangle and keep #2,652.80 as your reversal zone and ideal re-Sell entry point. If #2,627.80 Support gets invalidated, I will pursue #2,600.80 benchmark in extension. I will Trade the break-out.
Gold (XAU/USD) 1H Chart Analysis💎 Gold (XAU/USD) 1H Chart Analysis
The price is consolidating near a key demand zone with significant resistance levels overhead.
Key Observations:
📈 Resistance Zones:
• 2676.07 - 2689.69: A breakout above these levels could trigger bullish continuation.
📉 Support Levels:
• Immediate support at 2637.03.
• Strong demand zones near 2616.51 and 2606.10.
💡 Strategy Tip: Monitor for a breakout or rejection near the resistance zone. A pullback to the demand areas may offer potential buy opportunities.
What’s your outlook for gold this week—bullish or bearish? Let’s hear your thoughts! 🚀💬
#GoldTrading #XAUUSD #ForexAnalysis #TechnicalTrading #TradingView #ForexMarket #GoldInvesting
GOLDGOLD finally updated the floor and showing signs of bullish impulse mixed with volatility.
the strategy is working based on market structure.
XAUUSD - Gold is waiting for an important week!!In the 4-hour timeframe, gold is above the EMA200 and EMA50 and is in its short-term descending channel. The continued rise of gold towards the supply zones will provide a position to sell it with a suitable risk reward.
The year 2024 turned out to be unprecedented for the global gold market. This precious metal witnessed a remarkable growth of nearly 30%, outperforming all other commodities and emerging as one of the most prominent financial assets of the year. Such exceptional performance has continued to gain the trust of analysts and professionals in the gold and jewelry industry, drawing the attention of many traders to this market.
Despite forecasts suggesting that gold prices could surpass $3,000 per ounce in 2025, the beginning of 2024 told a different story. Spot gold prices started the year at around $2,000 but fell to $1,992 by mid-February. However, Valentine’s Day marked a turning point, as gold rebounded strongly, climbing back above $2,000 and successfully maintaining this critical level.
A significant market milestone occurred at the end of February. In just two days, gold prices surged by over $60, and on the first trading day of March, the metal broke past the $2,100 threshold, setting a new record. After a period of price consolidation at higher levels, gold resumed its upward trend in the final days of the month, surpassing $2,200. By mid-April, gold approached the $2,400 mark. However, traders were not yet prepared to accept these levels, and by the end of April, spot gold prices had retreated below $2,300.
May saw renewed optimism in the precious metals market. On May 16, spot gold decisively broke through the $2,400 resistance level. Nonetheless, after reaching a peak of $2,426, prices entered the longest consolidation phase of 2024.
Finally, on June 10, gold once again broke the $2,400 resistance and managed to establish it as a support level. From that point onward, gold embarked on one of its most stable upward trends of the year, which continued through late summer and early autumn. On October 30, gold prices hit a new record of $2,788.54 per ounce.
However, the election of Donald Trump on November 5, 2024 (15th of Aban 1403), interrupted gold’s rally. Spot gold, which had reached $2,743 on November 4, dropped within 10 days to the $2,560 range.
Nevertheless, gold quickly found new support. The president-elect’s threats of tariffs and trade wars, combined with renewed inflationary concerns, pushed gold prices back above $2,700. Although the metal did not return to its October highs, it maintained strong support at $2,600 for the remainder of the year, preventing further declines.
Meanwhile, Goldman Sachs revised its forecast for gold prices, stating that the metal would not reach $3,000 in 2025. However, the bank remains optimistic that gold prices will continue to rise, albeit at a slower pace than before.
XAU/USD: Bearish Continuation After Key Resistance RejectionThis idea highlights a bearish continuation setup for XAU/USD after a rejection at the 2,637 resistance level. The price is respecting the short-term downtrend, forming lower highs and lower lows. A short position is taken with:
Entry Point (EP): 2,637
Stop Loss (SL): 2,650 (above resistance zone)
Take Profit (TP): 2,615 (key support level)
The setup aligns with bearish momentum, and further downside is expected unless the price invalidates the trend by breaking above 2,650. Watch for bearish candlestick confirmations on smaller timeframes for added confidence."
Let me know if you'd like any modifications or additional details!
Gold market analysis: 06-Jan-2025Happy New week, check out our Gold market analysis : Today's zones for strategic decision-making.
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 price is weak on the rise
Gold price has made a significant correction from the recent high and is currently fluctuating between the key levels of Fibonacci retracement. The key levels of price correction from the previous high to the low include: 23.6% ($2617.15), 38.2% ($2638.02), 50% ($2654.88) and 61.8% ($2671.74). The price is currently hovering around the 38.2% level and showing some signs of support.
After a period of decline, the price hit a low on January 19 and then rebounded, and then formed a symmetrical triangle consolidation structure. After the breakthrough, the price entered the rising channel but showed some correction pressure in recent days.
From the short-term trend, despite the current correction, the overall upward trend has not been broken. Combined with the previous trend, the market may try to test the 50% Fibonacci retracement level ($2654.88) or even higher resistance again after stabilizing in the current support range (around $2638). But if the market continues to fall, the lower side will fall back to the previous wide adjustment range.
Long trading suggestions:
Aggressive strategy: You can try long orders near $2,638, and set the stop loss below the key support ($2,617).
Conservative strategy: Wait for the price to break through $2,655 to confirm the continuation of long positions, and the target can be seen at $2,672.
Short trading suggestions:
Aggressive strategy: You can try short orders near $2,654, and set the stop loss above the key resistance ($2,671).
Conservative strategy: Wait for the price to break through $2,630 to confirm the continuation of short positions, and the target can be seen at $2,617.
At the same time, it is necessary to pay close attention to the impact of fundamental factors on gold prices, such as changes in the US dollar index and global macroeconomic data.
Trading minute impulseOn the minute timeframe of XAUUSD at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.
