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World market forecast positive due to high demand for goldThe world gold price jumped by another $7 to $2,647 an ounce. According to market analyst Fawad Razaqzada of City Index, gold still faces many challenges in the short term, such as the strength of the greenback, rising bond yields, and weak demand from the Asian market. However, despite those challenges, the gold price target of $3,000 an ounce is still feasible. Any correction or consolidation in early 2025 could set the stage for another rally in the second half of the year. Ms. Nicky Shiels, Head of Metals Research and Strategy at MKS PAMP, expects gold prices to trade in a fairly wide range of $2,500 to $3,200 an ounce, with the precious metal largely dependent on the US Federal Reserve's (Fed) interest rate changes related to inflation. For now, investors still believe that a stronger US dollar and tighter monetary policy could create some headwinds for gold. However, gold remains an important asset in investors' portfolios this year. The trend of de-dollarization by central banks, complex and unpredictable geopolitics, global debt and investor demand... will ensure that gold is a safe asset diversification tool.
OANDA:XAUUSDLong
by FalCol_TradingMaster
GOLD MARKET ANALYSIS AND COMMENTARY - [January 06 - January 10]OANDA:XAUUSD are almost trading in a narrow range throughout the Christmas holiday and New Year 2025. Currently, gold prices have not yet escaped the triangle model of the H4 technical chart. Entering 2025, three important factors can shape the price of gold. First, the big event will take place on January 20 this year when Donald Trump takes office as US President. Mr. Trump is likely to put pressure on the FED to influence the interest rate environment. Second, Mr. Trump will heat up the trade war with other countries, especially with Canada, Mexico, Europe and China. This means economic growth could suffer and geopolitical instability could linger. Third, we are in a period where most investors will reallocate investment flows into their portfolios. As economic and political variables are gradually changing. In the long term, gold prices may continue to be influenced by the above factors. But in the short term this week, the market will focus on important US economic data, such as manufacturing and service PMI index; Employment indicators: ADP, NFP, unemployment rate... If US employment figures, especially NFP, increase stronger than expected, gold prices will be under pressure to adjust. On the contrary, if US employment figures continue to decline sharply, it will positively support gold prices. 📌Technically, from a short-term perspective this week, there are 2 resistance levels to pay attention to: the resistance level at 2685 and the round resistance level at 2600. In case the resistance level is broken, corresponding to the price breaking through the Downtrend line, the price will Gold will continue to maintain its upward trend to the 2720-2790 thresholds respectively. In the opposite case, if the gold price drops from the Uptrend line, we will see a scenario where the price drops back around the 2530 threshold. Notable technical levels are listed below. Support: 2,634 – 2,604 – 2,600USD Resistance: 2,664 – 2,693USD SELL XAUUSD PRICE 2686 - 2684⚡️ ↠↠ Stoploss 2690 BUY XAUUSD PRICE 2599 - 2601⚡️ ↠↠ Stoploss 2595
OANDA:XAUUSD
by Xayah_trading
XAUUSD 6/1/25Coming into this week, we maintain a bullish bias on gold. Last week, we experienced a short-term shift to bearish, which was expected as we mentioned before the new year. Currently, we are focusing on the cluster of lows at the base of our most recent range. This is the area we are targeting for potential long trades this week. Orion is indicating that we need to align with the long bias, so we will follow this direction and monitor targets and entries accordingly. Note that we currently have only two targets above. If the market creates another high before dropping into the mentioned lows, we may have more than two targets to work with, requiring us to trade within those areas. Be mindful of the current structure. As mentioned in the EU analysis, we may form short-term lows to play off, which could make the lower areas less likely for the week’s initial move. As always, we wait for a low to be reached, then analyse the entry timeframe to determine if there’s an opportunity to participate. Trade safely and stick to your plan.
FX:XAUUSD
by PipSurfingSociety
Falling towards overlap support?XAU/USD is falling towards the support level which is an overlap support that lines up with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 2,632.46 Why we like it: There is an overlap support level that lines up with the 50% Fibonacci retracement. Stop loss: 2,608.78 Why we like it: There is a pullback support level that lines up with the 78.6%^ Fibonacci retracement. Take profit: 2,659.51 Why we like it: There is an overlap resistance level. 2,632.46 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:XAUUSDLong
by VantageMarkets
Gold Technical: Key Levels and Trend Outlook for the Week Gold Trading Lower Despite Dollar Weakness Gold prices traded lower on Friday afternoon, even as the dollar retreated from its highest level in more than two years and Treasury yields eased. Gold Technical Analysis The price precisely reached our resistance level at 2665 and then dropped to the pivot line at 2636, as anticipated in the previous week's analysis. For this week, the initial move is expected to test 2653. The price must then break 2653 to reach 2665. To move further toward 2678, a 4-hour candle close above 2665 is required. However, if the price closes a 4-hour candle below 2636, it is likely to drop to 2623. A sustained move below 2623 could lead to a further decline toward 2603. Key Levels Pivot Point: 2636 Resistance Levels: 2653, 2665, 2678 Support Levels: 2623, 2603, 2658 Trend Outlook Consolidation: Between 2636 and 2653 Bullish Trend: Above 2645 Bearish Trend: Below 2636 previous idea:
OANDA:XAUUSDShort
by SroshMayi
Xau/usd higher timeframe to lower timeframeXau/usd higher timeframe to lower timeframe - This idea is based on educational purposes Detailed analysis for higher time frame to lower time frame Market currently at 2639.72 and in higher time frame 2621 is a rejected point more then 6 times so when we move to lowest time frame things are more clearly and we see that market is moving in uptrend so we have to move and trade within trend if market move and touched 2642 to 2645.00 area we will entered in buy trade and our first target would be 2650.00 then 2660 onwards if market break the region which are selected and move downward we will take our first take profit at 2621.00 again it was crucial point but if it went again this point we will see the next move at 2605.00 Like and Comments on our Analysis
OANDA:XAUUSDLong
by professionaltradersfx
#202501 - priceactiontds - weekly update - goldGood Evening and I hope you are well. tl;dr gold futures: Neutral but slightly bearish if bears get follow through on Monday. Market tested the 50% of the last leg down and found more sellers than buyers. Bulls now have 3 pushed up which went nowhere as of now. We also closed right at the daily 20ema so this is as neutral as it gets. If bulls get a daily close above 2680, we can continue to 2700 and below 2650 I expect more downside to 2600/2620. comment: Likely more neutral than anything else. 50% retracement of recent bear leg is 2680 and market stopped there on Friday. We have more room to the upside inside this bigger triangle. current market cycle: trading range key levels: 2620 - 2720 bull case: Bulls want a retest of 2700 but they have tried 3 times now and price went nowhere. Friday could have been a retest of the breakout but bulls would need a very strong reversal on Monday to confirm that. Bulls don’t have much until they get above 2680 and then the upside could be limited to 2700. No matter how you put it, this is not strong buying by the bulls and nothing to get excited about. Invalidation is below 2600. bear case: Bears sold every new high at made money for 3 weeks now. They also fail to make lower lows and that is why we are in a bigger triangle with bad follow-through after every decent bull/bear bar. I think Friday was strong enough to expect a bit more downside but where do you put your stop? 2680? Very high probability market will retest it or go above before it turns again. Most bears would like to short closer to 2700. Invalidation is above 2730. short term: Neutral inside given range. medium-long term - Update from 2024-01-02: If we break strongly above 2700, we will likely retest 2740-2760 and depending on that move, we will either stay inside the big range 2560 - 2760 or retest 2800 or even higher. current swing trade: None chart update: Nothing
COMEX_MINI:MGC1!
by priceactiontds
HelenP. I Gold will fall to trend line and then start to growHi folks today I'm prepared for you Gold analytics. After looking at the chart, we can see how the price some time traded near the resistance level, which coincided with the resistance zone and then rebounded up to 2790 points. Then the price started to decline and soon broke the resistance level, making retets, and continued to fall next. After this, the price dropped to the trend line, breaking the support level as well, but later it turned around and rose higher than this level and broke it again. Later, Gold rose to the 2715 resistance level, after which made the correction and then some time traded in consolidation, after which quickly backed up to the resistance level. Next, XAUUSD dropped to the support zone, where it reached the trend line and then rebounded up at once, but soon it fell back to the trend line. A not long time ago Gold rebounded from the trend line and started to grow, therefore I expect that XAUUSD will decline to the trend line one more time and then continue to move up next. For this reason, I set my goal at 2680 points. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDLong
by FirstNameHelen
3
Gold can drop from resistance line of pennant to 2595 levelHello traders, I want share with you my opinion about Gold. Observing the chart, we can see how the price rebounded from the support line and rose to 2790 points, after which turned around and started to decline. In a short time, the price fell to the support line, breaking the resistance level, which coincided with the seller zone and then continued to fall next. Soon, Gold declined below the support line and even broke the 2595 level and fell to 2536 points. But later Gold turned around and made a strong impulse up to the seller zone, breaking the support level one more time, and started to trades inside pennant as well. Next, the price made a small correction and then some time traded in the range, after which in a short time rose to the seller zone back. In this area, it reached the resistance line of the pennant and then started to decline to the buyer zone, breaking the 2710 level. Later XAU some time traded near the support line of the pennant and then rebounded up to the resistance line of this pattern, which at the moment continues to trades near. For this case, I think that Gold can rebound from the resistance line and drop to the support level, exiting from the pennant. Therefore I set my TP at 2595 level. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
8
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between two weighted levels with a gap above at 2661 and a gap below at 2633. We will need to see ema5 cross and lock on either weighted level to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2661 EMA5 CROSS AND LOCK ABOVE 2661 WILL OPEN THE FOLLOWING BULLISH TARGET 2681 EMA5 CROSS AND LOCK ABOVE 2681 WILL OPEN THE FOLLOWING BULLISH TARGET 2711 BEARISH TARGETS 2633 EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE FOLLOWING BEARISH TARGET 2611 EMA5 CROSS AND LOCK BELOW 2611 WILL OPEN THE FOLLOWING BEARISH TARGET 2593 EMA5 CROSS AND LOCK BELOW 2593 WILL OPEN THE SWING RANGE SWING RANGE 2570 - 2551 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
OANDA:XAUUSD
by Goldviewfx
9
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing ema5 and price play between two weighted levels with a gap above at 2655 and a gap below at 2629. We need ema5 to cross and lock above or below the weighted Goldturns to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2655 EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET 2694 EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET 2726 EMA5 CROSS AND LOCK ABOVE 2726 WILL OPEN THE FOLLOWING BULLISH TARGET 2753 BEARISH TARGETS 2629 EMA5 CROSS AND LOCK BELOW 2629 WILL OPEN THE FOLLOWING BEARISH TARGET 2600 EMA5 CROSS AND LOCK BELOW 2600 WILL OPEN THE SWING RANGE SWING RANGE 2561 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
OANDA:XAUUSD
by Goldviewfx
5
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone, Please see the daily chart update we have been trading and tracking for a while now, to give you all an overall view of the range. As stated last week the retracement range is still providing support and we also stated that we had a candle body close above 2629 opening 2686 gap and will also need ema5 lock to further confirm this. - This gave a nice push up last week with over 200 pips. We now also have the ema5 confirmation for the long range gap above at 2686. As long as the retracement range holds and provides support we will continue to buy dips knowing we have the gap above open. We will use our smaller timeframe analysis on the 1H and 4H chart to buy dips from the weighted Goldturns for 30 to 40 pips clean. Ranging markets are perfectly suited for this type of trading, instead of trying to hold longer positions and getting chopped up in the swings up and down in the range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up using our smaller timeframe ideas. Our long term bias is Bullish and therefore we look forward to drops like this, which allows us to continue to use our smaller timeframes to buy dips using our levels and setups. Buying dips allows us to safely manage any swings rather then chasing the bull from the top. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
7
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, Another update on the weekly chart idea we have been tracking for over a month now and still playing out as analysed. As stated already this chart allowed us to project the long term corrections and direction. We are using this chart to track our bullish targets until no ema5 lock to confirm rejections on the levels. The channel top is continuing to provide support like we stated for the past few weeks, We had a test within the channel into 2590 axis inline with the retracement range, which gave the perfect reactional support bounce. This is the beauty of our Gold channels, which we draw in our unique way, using averages rather than the price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn. As long as we see no ema5 break and lock below into the channel, we cane safely continue with our plans to buy dips in this range using the the levels just like the last few weeks reactional bounce above the retracement axis level. Ema5 is still playing above the channel top and has not broken into the channel providing support above the channel. We will continue to track the movement down and trade the bounces up, inline with our plans to buy dips, using our smaller time-frames, keeping in mind the long range gaps above for the future. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
4
GOLD → Retest of the level after its breakoutFX:XAUUSD inside the new flat is looking for strong support. The fundamental backdrop is complex and amid high risks, buyers are looking for a safe haven Fundamentally, the situation is complex, the weakening of gold is influenced only by the hawkish stance of the Fed and the growth of the dollar. But the pressure for further growth is exerted by many other factors: the escalation of the conflict in the Middle East and Eastern Europe. Trump's protectionist policies toward europe, asia. Geopolitical risks in the world. Technically, the price is testing a strong support area after breaking through resistance. Below is the key Fibo level of 0.5 - 0.7, which may play the role of the lower boundary from which the bulls will start an aggressive game. Support levels: 2637, 2630, 2616 Resistance levels: 2649, 2665 In general, I am more inclined for a medium-term decline, but the local situation is quite tense and complicated. If the bulls hold 2630 - 2640, the gold will continue to rise If the bulls lose, the price will form a deeper correction with the possibility of further prolongation of the fall. Regards R. Linda!
FX:XAUUSDLong
by RLinda
15
Weekly Market Forecast Jan 6, 2025This is an outlook for the week of Jan 6-10th. In this video, we will analyze the following FX markets: ES \ S&P 500 NQ | NASDAQ 100 YM | Dow Jones 30 GC |Gold SiI | Silver PL | Platinum HG | Copper The indices look set to move higher, with the possible exception of the DOW. The metals will underperform against a strong USD, which remains so in the near term. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
COMEX:HG1!
by RT_Money
2