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GOLD:Will the U.S. Dollar Cap Gold Gains?Analyzing Market TrendsGold prices have seen a surge in buying activity as the week begins, aiming to build upon the recovery initiated from a one-month low reached last Thursday. Analyzing the market from a technical perspective, we've observed the price hitting our pending order level. According to the Commitment of Traders (COT) report, retail traders remain bullish while commercial traders have shifted to a bearish stance over the past week. This dynamic suggests that we are anticipating a bearish continuation in gold prices despite ongoing geopolitical tensions, including the prolonged Russia-Ukraine conflict and escalating tensions in the Middle East. Additionally, fears surrounding trade wars continue to create a backdrop that benefits the safe-haven appeal of gold. However, the strength of the U.S. Dollar (USD) presents a contrasting scenario that could further suppress gold prices. Recently, there has been a resurgence in dip-buying within the USD, fueled by the Federal Reserve's hawkish signals and rising U.S. Treasury yields. These factors are likely to impose additional constraints on gold, a non-yielding asset, limiting its upside potential. In summary, while the geopolitical landscape might support gold's appeal, the prevailing strength of the dollar could undermine any significant price increases in the near term. ✅ Please share your thoughts about GOLD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
OANDA:XAUUSDShort
by FOREXN1
1
GOLD--> Just one step away from $2700Hello everyone, Ben here! Last week, we witnessed a significant drop in gold prices, with the precious metal hitting a low of $2,583 at one point. Currently, gold is trading around $2,623, maintaining a stable position this week. The rebound in gold prices at the end of last week was supported by the weakening USD and a decline in U.S. Treasury yields. This was driven by the latest economic data, which revealed that U.S. inflation is slowing down, easing the pressure on gold prices. Personally, I, Ben, strongly believe that the upward trend for gold will gain more certainty in the coming period. However, gold must break through the current resistance levels to further expand its growth potential. On the other hand, if the price falls below the $2,620 support level, it could drop further to the dynamic support at $2,600. From there, we might expect the upward trend to resume, with potential targets at $2,650 and $2,700 in the foreseeable future. Stay sharp and trade wisely! Yours truly, Bentradegold.
OANDA:XAUUSDLong
by Bentradegold
1
Gold Trend Analysis and StrategiesGold bottomed out and rebounded on Friday, forming a strong breakthrough to test the high point of 2631, and closed above the 2620 mark. The daily line ended the weak and volatile downward structure in the first half of last week. At present, the MA10 daily moving average is suppressed at the 2646 line, and the 5-day moving average is at the 2614 line. The price is running in the middle and lower track of the Bollinger band. The short-term four-hour moving average opened upward and re-stood on the middle track of the Bollinger band. After the intraday rhythm correction, go long at low prices and be bullish! Gold was not strong after the opening of the Asian session. It is too early to say that gold has reversed now. Gold has begun to fluctuate. Gold has not had a unilateral market for the time being. Gold sells high and buys low at the beginning of the week. Pay attention to the resistance of last Friday's high point 2632 on the top of gold. If it cannot break through, then gold will continue to be short under pressure at 2632 in the short term. If it breaks through 2632, gold will pay attention to the resistance near 2650. Pay attention to the support of the 2600 line on the bottom first. If gold does not break 2600, then gold can go long in the short term to see a rebound. First support: 2612, second support: 2600, third support: 2587 First resistance: 2632, second resistance: 2646, third resistance: 2658 Trading strategy: BUY: 2605-2608 SELL: 2632-2635
OANDA:XAUUSDLong
by Jun-GoldAnalyst
Hellena | GOLD (4H): SHORT to the minimum of the “W” wave (2540)Dear colleagues, due to the recent sharp price movement I have redrawn the waves and at this point I can assume that we are dealing with a complex correction (W, X, Y). This means that I predict a price decline at least to the support area of 2540 - this is the area of the minimum of the “W” wave. It will most likely be followed by its renewal, but we will talk about it when the target is reached. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:XAUUSDShort
by Hellena_Trade
7
Hellena | Oil (4H): Short to support lvl 63.5 (Wave 3).Colleagues, the last forecast is still active, but I thought it was worth doing another one that will show more clearly what is happening now. In my opinion, the price is still in wave “2” of low order, but in a three-wave correction. This means that wave “2” (black, lower wave) should not update the level of 73.114, but it can update 71.695, although this condition is not necessary. As a result, I still believe that the price will continue its downward movement, although it is in a prolonged correction. There are 2 possible courses of action: 1) The riskier one is to open a short position on the market. 2) Conservative - wait for the price to rise, and enter with less risk. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PEPPERSTONE:SPOTCRUDEShort
by Hellena_Trade
15
XAU/USD (Gold) Trendline BreakoutThe XAU/USD pair on the M30 timeframe presents a potential Buying opportunity due to a recent breakout from a well-defined Trendline pattern. This suggests a shift in momentum towards the upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 2663 2nd Support – 2689 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
OANDA:XAUUSDLong
by KABHI_TA_TRADING
5
GOLD rebound and limited, trading week with ChristmasUS economic data shows inflation is slowing. Supported by the weakening of the TVC:DXY and US Treasury bond interest rates, OANDA:XAUUSD continued to increase on Friday (December 18). However, the Fed's hawkish interest rate outlook caused gold prices to fall 0.9% last week. The Federal Reserve's headline inflation index (PCE) showed price pressures eased last month. According to data released by the US Bureau of Economic Analysis (BEA), the core personal consumption expenditures (PCE) index, excluding food and energy prices, increased by 0.1% over the previous month. in November, slower than the 0.3% increase in October. The increase was slightly lower than economists' expectations of 0.2%. On a yearly basis, core PCE rose 2.8%, matching the increase in October and below Wall Street expectations of 2.9%. Overall PCE increased 2.4% year-over-year, up from 2.3% in October. Earlier this month, the core Consumer Price Index (CPI), which excludes food and gas prices, showed prices rose 3.3% year-on-year in November, marking the fourth straight month of increases. Meanwhile, the core Producer Price Index (PPI), which tracks price changes across companies, showed prices rose 3.4% year-on-year in November. The increase was higher October's 3.1% increase also exceeded economists' expectations of 3.2%. At a press conference following Wednesday's interest rate decision, Fed Chairman Jerome Powell said the final phase of the Fed's response to inflation will be more difficult than initially expected. “We were forecasting inflation at the end of the year, but as we got closer to the end of the year, the forecast was off a little bit,” Powell said. “I would say that's probably the biggest factor, inflation is once again missing expectations.” So far this year, inflation has slowed but remains above the Fed's 2% target, pressured by recent unexpectedly hot monthly "core" price growth data. According to the Fed's latest Summary of Economic Projections (SEP), the Fed expects core inflation to peak at 2.5% next year, up from a forecast of 2.2% in September and falling to 2.0%. 2% in 2026 and 2027 to 2.0%. Higher inflation expectations, coupled with a slower pace of interest rate cuts next year, have weighed on markets. On the other hand, the election of Donald Trump as the next president has added to this uncertainty, with some economists suggesting that the United States could face another surge in inflation if Trump makes his move. True to his campaign promises. Policies proposed by Trump such as imposing high tariffs on imported goods, cutting taxes on businesses and restricting immigration could have an inflationary effect. These policies further complicate the Fed's future interest rate path. Data and events this week The market will also welcome the Christmas holiday this week, traders will focus on important events such as "where to get money to buy gifts for bears, where to go so as not to eat dog food, or open the door." Is it a pan or a greeting, honey,... I don't know but I wish you all a happy Christmas and good health hehe." However, some important economic data will be released. Economic data to watch out for this week Monday: US consumer confidence Tuesday: US sustainable goods, US new home sales Wednesday: Christmas break Thursday: US weekly unemployment claims Analysis of technical prospects for OANDA:XAUUSD Gold recovered from the 0.786% Fibonacci level during the weekend trading session, but the recovery is also limited after testing the target resistance level noted by readers in the previous issue at the confluence of the upper edge. price channel and Fibonacci level 0.618%. Currently, the closing position still supports the possibility of a technical bearish price for gold, with the price channel as the main trend price channel, resistance from Fibonacci 0.618% and pressure at Ema21. On the other hand, the Relative Strength Index is still operating below the 50 level, quite far from the oversold area, which shows that there is still quite a lot of room for price decline ahead. As long as gold remains below EMA21, within price channel, it still has a bearish technical outlook and the notable points are listed below. Support: 2,591 – 2,552 – 2,538USD Resistance: 2,634 – 2,656USD SELL XAUUSD PRICE 2646 - 2644⚡️ ↠↠ Stoploss 2650 →Take Profit 1 2639 ↨ →Take Profit 2 2634 BUY XAUUSD PRICE 2604 - 2606⚡️ ↠↠ Stoploss 2600 →Take Profit 1 2611 ↨ →Take Profit 2 2616
OANDA:XAUUSD
by Xayah_trading
GOLD WAS SUPPORTED LAST LATE 🥇 Gold was supported late last week by the release of Core PCE data from the US showing a slowdown in inflation. This eased concerns that the Fed could keep interest rates higher for a longer period of time, supporting gold prices. However, the upside momentum was limited as the Fed earlier signaled a more cautious stance on rate cuts next year under President Trump. Gold broke above its recent high around 2626 to extend its rally to 2632 late last week, but failed to hold above this level and is now falling.
OANDA:XAUUSD
by TradeAdvisory
Gold price trend analysisGold daily line maintains a short structure, and the continued rise of the US dollar index has a certain negative impact on the gold and silver markets. The daily line closed with a long upper shadow and a small positive, and the short-term chart four-hour roller coaster price continued to move down along the high and low points of the MA10-day moving average, and the price continued to run along the middle and lower tracks of the Bollinger Bands. The hourly chart Bollinger Bands opened downward, and the RSI indicator ran below the middle axis. Today's trading ideas remain unchanged, mainly rebounding high and high, and low-multiple short-term auxiliary. Gold 1-hour moving average is still short-term divergent arrangement, without any signs of turning, and there is still room for gold to go down. Gold did not stand firm at 2600 to close, and continued to sell at highs below 2613 today! First support: 2582, second support: 2572, third support: 2563 First resistance: 2605, second resistance: 2613, third resistance: 2628 Trading strategy: BUY:2583-2585 SELL:2611-2613
OANDA:XAUUSD
by Jun-GoldAnalyst
XAUUSD 23.12.24OANDA:XAUUSD Hello traders, we are currently in our wave (3) heading towards wave (4) within an ABC correction. Our wave B could either directly transition to wave C or form a 1, 2, 3, 4, 5 setup leading to wave C. We have a strong resistance zone at 2620. If we break through this level to the upside, I believe we could see a 1, 2, 3, 4, 5 setup. Otherwise, in the case of an ABC correction, we will most likely drop to around the 2300 level. This is both a Fibonacci zone of our (4) wave and the Fib extension take-profit level of our ABC wave.
OANDA:XAUUSDShort
by NeptenFX
2
GOLD (XAUUSD): Your Trading Plan for Today If you decided to trade today, there is one potential shorting opportunity for Gold. Following my recent update, the price is testing a recently broken daily horizontal structure at the moment. On an hourly time frame, the price formed a tiny double top on that. 2621 - 2625 is its neckline. To sell the market with a confirmation, wait for a bearish breakout of a neckline and an hourly candle close below that. Sell aggressively or on a retest then. Targets will be 2608 / 2600. If the price sets a new higher high, the setup will be invalid. ❤️Please, support my work with like, thank you!❤️
FOREXCOM:XAUUSDShort
by VasilyTrader
7
Gold Long Term Analysis Dec 23rdSo we've seen the Gold price enter a ranging phase in December following the election. Volatility has dropped significantly though, the Gold price did see some fairly large moves due to economic news surrounding price inflation and the Fed's analysis for monetary policy going into 2025. Last week's close saw the gold price respect the current price channel, although we might see some more sideways movement until Donald Trump takes office. I believe the market will be looking to see how the Trump Administration's policies start to solidify and what that means for inflation. Governor Powell said in his Press Conference that the Fed has entered a new phase, noting that the cash rate is still restrictive, however the board was concerned that inflation may have stalled on its way down to the Fed's target. Saying this, there was concern that the labour market was showing signs of weakness and this may prompt the Fed to reduce rates further. What does this mean for the Gold Price going into 2025? Its not surprising that we have seen some sideways movement following the strong rise through to November. Some uncertainty still surrounds what the Trump admin will do once they take office, Tariffs are the key issue affecting the Gold price primarily what impact they might have on domestic inflation. Geopolitical risk in Russia and the Middle East, along with Central Bank purchases of Gold are providing pretty strong support for the Gold price currently. Though this might change depending on Trump's plans for the creation of a strategic crypto reserve and what he might be able to achieve on a foreign policy standpoint in those two major conflicts. I would expect the upwards trend in Gold to continue but we may see a continuation of the current ranging pattern until some more certainty arrives after Trump takes office. Although, if history tells us anything, certainty and Donald Trump don't necessarily go well together.
OANDA:XAUUSD
by dgowty
Could the price reverse from here?The Gold (XAU/USD) is rising towards the pivot and could reverse to the pullback support. Pivot: 2,673.21 1st Support: 2,556.21 1st Resistance: 2,719.79 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAUUSDShort
by ICmarkets
Heading into overlap resistance?The Silver (XAG/USD) is rising towards the pivot and could reverse to the 1st support which acts as a pullback support. Pivot: 30.21 1st Support: 28.02 1st Resistance: 32.08 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAGUSDShort
by ICmarkets
XAUUSD 22/12/25XAUUSD Analysis Last week, we began with a bullish bias, but our outlook quickly shifted to bearish by Monday's close. This shift led to the significant downside movement observed during the latter half of the week, driven by fundamentals. We saw a substantial run targeting the lower levels, which brings us to today’s bias, which remains bearish. Currently, we are focused on the three liquidity lows as our primary targets. As always, we look to the highs within the range to provide optimal entries for these targets. At the moment, there is a high in the middle of the range, but we are prioritizing the higher, more favorable highs for potential short positions. If an entry aligns with our plan, this could lead to the final sell-off of the week before the New Year approaches. Trade safe and stick to your plan.
OANDA:XAUUSD
by PipSurfingSociety
#202451 - priceactiontds - year end special - gold futuresGood Evening and I hope you are well. comment: I know it’s an ugly chart, bear with me. Gold spent 2020 - 2024 inside a 570 point range and started the recent bull trend with the breakout in 2024-03. Since then Gold has made 30%, which is more than unusual to say the least. From 2018 to 2020 it made 50% but only because it lost 36% from 2011 to 2018. Market is much less obvious on higher time frames than I’d like. Both sides have reasonable arguments going for them. For bulls it’s that the bull trend is ongoing while bears could see the leg down from 2826 down to 2566 as the first in the new bear trend. Bulls would like a third leg up which could lead to 3000. Both are valid and that is why it’s most likely that the market will move sideways rather than trend big time to either direction. My favorite path forward would be a trend down to 2300 and then sideways inside a big range 2300 - 2600. current market cycle: Bull trend is ongoing until bears can close consecutive weekly bars below the 20ema, which is at 2640 right now. Could the new bear trend have started with W1 from 2826 down to 2566? Yes. Both can be valid at the same time. key levels for 2025: 2500 - 3000 (if 2500 breaks, 2300 would be the next big target below) bull case: Bulls want a W5 up to 3000. Easy as pie is that read and seeing it on the chart. Hard part, as always, is giving probabilities to it and as of now, I won’t make any. The market is in balance around 2650 and I would need prices above 2760 or below 2560 to have a stronger opinion about it. That’s short but all I have to write about it for now. Can’t make stuff up where there is none. Invalidation is below 2500. bear case: Bears see the move down from the ath as a W1 of the new bear trend which could lead down to my biggest bear goal for 2025 at 2200ish. Here are the big bear targets in order. First is the 50% retracement of the recent bull trend at 2500. It’s also the breakout price from the W1 high and the old ath from 2011-08. Second bigger target would be 2300 which is a measured move down from the bearish W1 from the ath, the 2023-05 high (breakout-retest) and it would close the big bull gap the market left behind. Third and final target, which is the most unreasonable one for now, is 2200 which is the 50% retracement from the whole bull trend since 2018. Invalidation is above 3050. short term: Neutral. Lower highs and higher lows. Market is in a triangle again and in balance around 2650. medium-long term: Will only give one above 2760 or below 2560. current swing trade: None
COMEX_MINI:MGC1!
by priceactiontds
Traders BEWARE! Extreme Volatility In 2025-26. LOOK OUT!I just completed a deep dive into my Adaptive Dynamic Learning modeling system, and I'm here to tell you that 2025 and most of 2026 will be highly volatile. If you do not attempt to stay ahead of these market trends, you could suffer a loss of 35% to 45% (or more) over the next 18 months or more. If you want to learn how to navigate these trends, I suggest you find someone you trust to help you identify the best opportunities for your investments and trading. This is no joke. This is the type of event that destroys trader's accounts and disrupts global economies. If you are not prepared for this, get busy trying to find someone to help you. Merry Christmas. Buckle up. Get Some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYLong
by BradMatheny
5