Get started
GOLD / US DOLLAR KILOGOLD / US DOLLAR KILOGOLD / US DOLLAR KILO

GOLD / US DOLLAR KILO

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals

XAUUSDK trade ideas

Gold: Navigating uncertaintyCurrently, gold is trading around $2,658 (USD) per ounce, maintaining a stable range as market participants await the Federal Reserve's upcoming decision on interest rates. This period of uncertainty has led to a consolidation phase for gold, with key support levels identified around **$2,600**. If prices dip to this level, it could present an attractive buying opportunity for traders looking to capitalize on gold's safe-haven appeal. The sentiment surrounding gold is heavily influenced by geopolitical tensions and economic indicators. The potential for a rate cut from the Federal Reserve could bolster demand for gold, as lower interest rates typically diminish the opportunity cost of holding non-yielding assets like bullion. However, if the Fed opts for a more hawkish stance, it may cap any upward movement in gold prices. Traders should consider adopting a strategy that involves buying on dips, particularly near the support level of $2,600. Implementing stop-loss orders below these levels is crucial to manage risk effectively, especially in this volatile market environment.
FOREXCOM:XAUUSD
by Exness_Official
Easy profit of 110pips, gold still points to 2630!Bros, as I mentioned in my last opinion, gold is currently facing resistance in the 2660-2670 area, so I still prefer to short gold in terms of trading. Today we shorted gold near 2660 as planned. Just now, when gold fell back to around 2649, I manually closed my short position and easily made a profit of 110 pips. So how should we trade gold next? Today, gold showed a weak rebound, proving that as gold fell last Friday, buying funds gradually concentrated in the 2645-2640 area. Therefore, before gold falls below the 2645-2640 area, we cannot be too bearish on gold in short-term trading, so we cannot set a TP value that exceeds expectations; however, gold is still weak overall, and we can still wait for gold to rebound and short gold again. If the gold market is to eliminate some long holders, then gold is likely to try to fall below the 2645-2640 area and continue to fall to around 2630. So next, we continue to short gold with the 2665-2660 area as resistance. Brothers, are you bearish on gold in the short term like me? 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!
OANDA:XAUUSDShort
by Trader_Marvin
Daily Analysis of Gold Ounce to USD – Issue 173The 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.
FOREXCOM:XAUUSDShort
by MoonriseTA
robbing gold Q2; APRIL - JUNE Q3; JULY - SEPTEMBER Q4; OCTOBER - DECEMBER [for robbery to work it needs to break 2681 if not //this is bear county -- targeting 766.66 As I have shown you gold dropped heavy when president elect Trump, the 27th of oct ,,I was one week late but it's okay,, was injected into the Oval Office. this launched the trump effect In which gold went on a super discount as gold price dropped At 2535s Great discount let me tell you this my habibi .gold will always be in the Demand. Only Way gold prices drop is if we find a meteorite filled with trillions of Dollars worth precious metals /// or in some other Hollywood Way . we are going to hold this bullish gold even though we know President Trump is very very pro dollar and for his trump Towers he would like gold to be cheaper but Mr President there will always be demand for gold so these miners…… They aren't sweating balls for below 2500 price. gold will reach 3000 and yes every drop is a discount good luck DOOmhot Sl 2557
CAPITALCOM:GOLDLong
by markitooo
2
GOLDSTATEMENT CHANGES There were only two notable changes to the statement compared to the prior one as flagged in the statement comparison at the back of this publication. Key is that language around forward guidance shifted. They now say: “In considering the extent and timing of additional adjustments to the target range for the federal funds rate….” Instead of: “In considering additional adjustments to the target range for the federal funds rate….” This is material in that it injects fresh uncertainty into how much further the Committee thinks they will be cutting, and how over time. The second change was the introduction of a dissenting voice. Cleveland’s Hammack preferred to hold at this meeting. A MORE HAWKISH DOT PLOT First, picking up on the last point is the observation that there were actually four dots that preferred a hold today, yet only one voting dissenter. That probably says that the other three Committee members are regional Presidents who aren’t in this year’s voting line-up but some of them may be when that changes in January. In teeing up the subsequent points, charts 1 and 2 show the new dot plot of Committee rate projection and compared to our forecasts for the policy rate.... FUNDAMENTAL FROM SCOTIA BANK FOR ADDITIONAL EDUCATION.
FOREXCOM:XAUUSD
by Shavyfxhub
Closing both of orders with excellent ProfitAs discussed throughout my yesterday's session pre-Fed commentary: "Fundamental analysis: My earlier Selling signal was confirmed on Hourly 4 chart under prolonged weakness and Price-action respecting the trendline guarding the downtrend (very Bearish formation) as Hourly 1 chart is already an aggressive Descending Channel (width opened on Williams) that should reach it’s next Lower High’s (currently Trading slightly below Triple Top's formation) and Oversold state near my take Profit of #2,627.80 Support in extension. If the bands are widened Traders may witness #2,622.80 pivot point test on the correction back down after current upside extension but not Lower. In any case I will update my Targets or levels of Profit taking if I decide to exit earlier than #2,622.80 Support in extension to be in accordance with the Daily chart’s period. My position: #2,648.80 was excellent re-Sell point and regarding Fed Rate decision, I expect Rate to be Lowered and hawkish stance on the aftermath which can make Gold suffer even more." I have closed my both #2,648.80 and #2,638.80 orders, first one on #2,633.80 and second one (#2,638.80 entry point) on #2,600.80 benchmark. My Fed Rate decision expectations were spot on as I guessed nicely that Rate will be Lowered and hawkish stance on the aftermath. Technical analysis: As Gold rebounded back towards well known Hourly 4 chart’s Neutral Rectangle once again within Symmetrical Triangle forming on Daily chart, this is very cautious market at the moment. Yet again, I see no firm reasons for current Buying bias on Gold to be sustainable, as #2,648.80 - #2,652.80 Resistance zone should price in local Top’s and reversal area (optimal re-Sell zone). After observing Gold’s Price-action near market closing (first similar closing since May #15), do not expect much from today’s session as long as DX isn't pressured by disappointing numbers. My position: I will await for area to be engulfed and only then make my move. Yesterday's session Profits were great edition to previous week's Profits as I don't have any urge to rush and engage any kind of order however will monitor the Price-action patiently until opportunity arise. I expect Gold to remain pressured.
TVC:GOLDShort
by goldenBear88
1
xauusd projection 1. Fibonacci Levels • Key levels marked: • 78.6% retracement (around $2,740): Price hit this level but failed to break through, indicating a potential reversal point. • 61.8% retracement (around $2,693.57): A significant resistance zone within the highlighted yellow area of which th bears did not repsect at all. 2. Resistance and Support Zones • Double Bottom (Highlighted in Yellow): > Indicates a strong support zone that was previously tested twice. • Price Closed Below Resistance: • Resistance was marked around the 61.8% Fibonacci level, where the price failed to sustain bullish momentum. 3. Trendline and Breakout Analysis • A blue upward trendline is drawn to show the bullish trend. Price action is currently testing a break below this trendline. • If the price closes below the trendline and $2,643, it may confirm a bearish continuation. 4. Trade Setup (Bearish) • Confirmation Entry: Suggested at $2,643 after the next 4-hour candle closes below this level. • Stop Loss (SL): Placed at $2,653 to manage risk in case of a reversal. • Take Profit (TP1): Target at $2,596, which aligns with the 23.6% Fibonacci retracement, a historical support area. 5. Market Sentiment • The price is currently consolidating and testing a key area. The recent rejection at 78.6% suggests a bearish bias, but confirmation is awaited for a stronger move.
ICMARKETS:XAUUSDShort
by Ruvabenza
1