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Gold Spot (XAU/USD) Analysis on the 1-Hour TimeframeKey Levels and Observations The black horizontal lines on the chart represent monthly support and resistance levels, which are critical zones for price reactions. Significant levels include: Support Levels: 2600, 2580, 2560 Resistance Levels: 2620, 2640, 2660 Momentum and Price Behavior On the 1-hour timeframe, bearish momentum appears stronger as the red (bearish) candles are relatively larger than the green (bullish) ones. The price has tested the 2600 support level twice but has failed to generate a strong rebound, suggesting possible weakness in buying pressure. Possible Scenarios: If Support at 2600 Holds: The price could consolidate above this level, potentially targeting higher resistance zones like 2620 or 2640. If 2600 Breaks: A break below 2600 could lead to further downside movement, with 2580 and 2560 as the next potential targets. Market Outlook For now, the price appears to be stuck in a tight range between 2600 and 2620, indicating consolidation. Traders should wait for a clear breakout or reversal around the key levels before making decisions.
FX:XAUUSD
by MD-Priceaction
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone, Great start to the week with our chart idea playing out, as analysed. We are still seeing price play between the two weighted levels and started the day with our bullish target test 2629, which just fell short but can be considered as done. No cross and lock above confirmed the rejection and now we are seeing price head towards the lower weighted level for a test. 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 2629 EMA5 CROSS AND LOCK ABOVE 2629 WILL OPEN THE FOLLOWING 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 BEARISH TARGETS 2600 EMA5 CROSS AND LOCK BELOW 2600 WILL OPEN THE FOLLOWING BEARISH TARGET 2561 EMA5 CROSS AND LOCK BELOW 2561 WILL OPEN THE SWING RANGE SWING RANGE 2519 - 2486 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
2
SPY/QQQ Plan Your Trade For 12/30 : GAP ReversalThis week should resolve as a Momentum Rally in the SPY/QQQ. Yet, I believe price action will be very volatile as we are still transitioning through the holidays. Overall, I expect the SPY/QQQ to attempt to mount a fairly solid rally this week - possibly attempting to reach new All-Time highs again. Then, I believe the SPY/QQQ will move into an extended topping pattern over the next 2+ weeks - resulting in a breakdown trend after the Inauguration. Gold and Silver appear to be trying to base/bottom and we may see a decent rally in metals this week. I hope so because I don't believe Metals should be this low compared to the risk factors throughout the global markets. Bitcoin is transitioning through an EPP pattern Flag breakdown event. If this continues, I suspect we'll see a downward price move targeting $74k before the end of January 2025. Remember, my Daily/Weekly Cycle Patterns are designed to help us plan and prepare for market opportunities. No, they are not 100% perfect all the time. But I don't know of anything else that can attempt to accurately identify price trends, setups, events weeks and months into the future. 2025 is going to be a great year for traders. Remember, it is all about what you can do with the information I share to profit from these moves. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYLong
by BradMatheny
Gold Price Consolidation with Bearish Outlook Below 2620Gold Technical Analysis The price today is expected to consolidate between 2,620 and 2,605 until a breakout occurs. Initially, the price is likely to drop below 2,620 toward the support level at 2,605. Breaking below this level could extend the bearish movement toward 2,585. However, a 4-hour candle must close above 2,620 to target 2,636. Key Levels: Pivot Point: 2620 Resistance Levels: 2636, 2645, 2653 Support Levels: 2605, 2591, 2585 Trend Outlook: Bearish below 2620 Bullish above 2636
OANDA:XAUUSDShort
by SroshMayi
Gold Oscillation Runs, Analysis and Signal UpdatesThe gold structure adjusts the short-term price around the MA10 daily moving average of 2620 to form a narrow range of 2610/2640. The RS1 indicator has not yet shown an obvious strong signal, and the value of the central axis 50 continues to be flat. The Bollinger band of the short-term four-hour chart is sideways, and the Bollinger band channel is narrowly consolidated. The trading idea at the beginning of the week continues to look at the 2610/40 range to sell high and buy low to participate in short-term trading. Gold is still oscillating in a large range in 1 hour. Gold is running below 2640 on Friday. If gold is under pressure at 2640 today, then gold will continue to be bearish. Gold rebounded to a high of 2635 in the US market on Friday and was blocked. Gold rebounded near 2635 today and can continue to be sold. First support: 2613, second support: 2606, third support: 2593 First resistance: 2632, second resistance: 2638, third resistance: 2650 Trading strategy: BUY: 2615-2613, SL: 2604, TP: 2630-2640; SELL: 2635-2637, SL: 2647, TP: 2620-2610;
TVC:GOLD
by Jun-GoldAnalyst
GOLD - Price can correct to support line and then bounce upHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A few days ago price entered to triangle, where it at once broke $2700 level and then fell to support line of this pattern. Also, Gold broke $2595 level, but some time later it turned around from support line and soon broke $2595 level again. Later Gold rose to resistance zone, after which made correction and then reached support line of triangle. Then price made upward impulse, thereby exiting from triangle and breaking $2700 level, and started to trades in pennant. In this pattern, price broke $2700 level one more time and declined to support level, after which rose to resistance line. In my mind, Gold can fall to support line and then bounce up to $2660, exiting from pennant. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDLong
by WalterMoon
2
XAUUSD Last pull-back before a 2695 reboundGold (XAUUSD) is currently pulling back around the 4H MA50 (blue trend-line), as it failed to sustain a rebound following the December 18 Low. Despite this technical weakness, this seems to be (based on the previous November 25 - December 05 accumulation) the final bearish Leg before a rebound. We are expecting at least a 0.786 Fibonacci test at 2695. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSD
by TradingShot
1
Gold buy zone CAPITALCOM:GOLD Buying Zone: 2610** - **Rationale:** The 2610 zone represents a strong **support area**, where you anticipate buyer interest will outweigh selling pressure, leading to a potential price reversal or bounce. - **Confirmation Signals:** - Look for bullish candlestick patterns (e.g., hammer, bullish engulfing) or significant buying volume around 2610 on the **1-hour chart**. - Ensure that price respects this level without breaking below it significantly, confirming it as a reliable entry point. CAPITALCOM:GOLD **Target: 2634** - **Rationale:** The 2634 level is identified as a **resistance zone** or a high-probability take-profit area. This could be a previously tested resistance or a psychological level where selling pressure is expected. - **Technical Indicators:** - Monitor for potential slowing of momentum (e.g., RSI divergence or overbought conditions) as the price approaches 2634. - Watch for a failure to break 2634 on prior attempts, as this strengthens the case for a reversal or consolidation near the target. **Risk Management** - **Stop Loss:** Place your stop loss slightly below the **2610 level**, around 2605 or lower, depending on your risk tolerance, to protect against invalidation of the support zone. - **Risk-Reward Ratio:** Ensure the trade offers a favorable risk-reward ratio. For instance, if targeting a $24 move (2610 to 2634), limit your risk to around $10 (stop at 2600).
CAPITALCOM:GOLDLong
by TRADE_CENTER_1
GOLD NEXT MOVE (expecting a bearish move) (30-12-2024)Go through the analysis carefully and do trade accordingly. XAU/USD Analysis - December 30, 2024 Current Price: $2626 "If the price remains below $2642, the next targets are $2612, $2589, and there is a possibility of staying above $2550." - POSSIBILITY 1: Wait (as geopolitical tensions are worsening) - POSSIBILITY 2: Wait (as geopolitical tensions are worsening) Best of Luck! Always remember: Never risk more than 1% of your capital on any trade. If you find this analysis helpful, please support us by liking and sharing this post!
OANDA:XAUUSDShort
by Bentradegold
Is Gold the Best Investment in a Mixed Metals Market?Gold Shines in a Mixed Year for Metals Markets In 2024, gold emerged as a standout performer in the often-volatile metals markets. While other metals experienced a mixed bag of results, gold surged by an impressive 27%, defying the broader market trends. This bullish run can be attributed to a confluence of factors, including US monetary easing, heightened geopolitical tensions, and strategic central bank purchases. A Year of Contrasting Fortunes The performance of base metals in 2024 presented a more nuanced picture. While some base metals witnessed healthy gains, others struggled. Iron ore, a key ingredient in steel production, witnessed a significant decline, and lithium, often touted as the white gold of the electric vehicle revolution, also faced headwinds. Gold's Allure: A Haven in Uncertain Times Gold's resilience throughout 2024 can be ascribed to its inherent characteristics as a safe-haven asset. When economic or political uncertainty clouds the horizon, investors often flock to gold, perceiving it as a store of value that can weather market storms. • US Monetary Easing: In 2024, the US Federal Reserve implemented a series of monetary easing measures, injecting liquidity into the financial system and lowering interest rates. This dovish stance by the Fed weakened the US dollar, making gold, a dollar-denominated asset, more attractive to international investors. • Geopolitical Upheaval: The year 2024 was marked by a heightened sense of geopolitical instability. Trade tensions, regional conflicts, and concerns over global security fueled investor anxieties. Gold, perceived as a hedge against geopolitical risks, benefited from this flight-to-safety bid. • Central Bank Buying Spree: Central banks around the world were significant buyers of gold in 2024. This strategic accumulation by central banks bolstered investor confidence in the yellow metal, further solidifying its position as a valuable reserve asset. The Road Ahead: A Look at 2025 As we enter 2025, the outlook for metals markets remains shrouded in some uncertainty. However, several key factors are likely to influence the trajectory of gold and other metals. • The Trajectory of US Monetary Policy: The future course of US monetary policy will be a critical determinant of gold's performance in 2025. If the Fed maintains its dovish stance, it could continue to buoy gold prices. However, if the Fed signals a shift towards tighter monetary policy, it could dampen gold's appeal. • The Evolving Geopolitical Landscape: The geopolitical landscape in 2025 will significantly impact investor sentiment. If geopolitical tensions escalate, gold could surge as investors seek a safe haven. Conversely, a period of relative geopolitical stability could lead to a pullback in gold prices. • China's Growth Engine: China's economic growth prospects will also be closely watched. China is a major consumer of metals, and its demand can significantly influence prices. If China's economy strengthens in 2025, it could provide a tailwind for base metals. Gold's Strong Gains: A Harbinger of Change? Gold's stellar performance in 2024 may signal a fundamental shift in market dynamics. After years of dominance by riskier assets like equities, investors may be returning to safe-haven assets like gold in anticipation of a more uncertain economic and geopolitical environment. In conclusion, the year 2024 was a year of contrasting fortunes for metals markets. While gold emerged as a clear winner, other metals painted a more mixed picture. As we look ahead to 2025, the trajectory of US monetary policy, the evolving geopolitical landscape, and China's growth prospects will be the key factors shaping the performance of metals markets. Gold's robust gains in 2024 serve as a reminder of its enduring allure as a safe-haven asset in times of uncertainty. Whether this marks a long-term trend or a temporary blip remains to be seen, but one thing is certain: gold will continue to be a closely watched asset class in the ever-evolving global financial landscape.
OANDA:XAUUSD
by bryandowningqln
Gold Analysis: Bearish Reversal Looms After Supply Zonehello guys! let's dive into #xauusd #gold analysis! Supply and Demand Zone: The price recently touched the highlighted supply and demand (S&D) zone around $2,640-$2,650, showing resistance in that area. Trend Channel: The price is moving within an ascending channel, with higher highs and higher lows. However, the current trend shows signs of potential exhaustion. Projected Movement: After touching the S&D zone, the price began to decline. The chart suggests a potential retest of the midline of the channel before continuing downwards. Bearish Outlook: If the price breaks below the lower channel line, a significant drop toward the $2,578 level is possible, indicating a bearish continuation.
OANDA:XAUUSDShort
by melikatrader94
4
GOLD // short countertrendThe trend is short on every major timeframe, and the market has a nice room till the correction fibo 38.2 There are 2 clean (not yet tested) H4 breakouts that can be excellent entry zones for short trades. ——— Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated. ——— Stay grounded, stay present. 🏄🏼‍♂️ <<boost🚀 if you enjoy💚
OANDA:XAUUSDShort
by TheMarketFlow
Gold Analysis==>>Falling Soon!!!🎄First of all, I want to wish everyone a Merry Christmas , I wish you all the best moments . As I expected , Gold ( OANDA:XAUUSD ) reached the upper area of ​​the Resistance zone($2,642-$2,620) . Gold is moving in the Resistance zone($2,642-$2,620) , near the 50_EMA(Daily) . (It has also succeeded in breaking the Uptrend line ). According to the theory of Elliott waves , it seems that Gold has successfully completed the Double Three Correction(WXY) in the Ascending Channel . Also, Regular Divergence(RD-) between Consecutive Peaks . I expect Gold to attack the lower line of the ascending channel AFTER breaking the Support line . ⚠️Note: If Gold breaks the 50_EMA(Daily) and Resistance zone($2,642-$2,620), we should expect Gold to rise further.⚠️ 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
3
Gold Symmetrical Triangle could sky rocket the price to $2,789Gold has been forming a Symmetrical Triangle since July 2024. The Uptrend Flag pole was established, followed by the constricted Triangle. Now it's still early days, but the price could constrict further until it reaches 3/4s of the apex. If theory speaks, then the price should break up and out of the Triangle which will take it to $2,789. I want to be optimistic in 2025. And ONLY if the price breaks below the support, will it show a bearish nature. Until then, golden balls all the way.
VELOCITY:GOLDLong
by Timonrosso
Weekly View On Gold XAUUSD (Week 01/2025)Weekly View On Gold XAUUSD (Week 01/2025) GOLD is in 1. In the tight range since Nov 2024 and it is due for the break out soon. 2. For the positioning, we still have minor bullishness in tact. Summary Slightly Bullish but it is gonna be wild swing as the buyers and sellers fighting it hard to win over each other. So, make your plans accordingly. (See the black dash line for possible future projection of the gold price) DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading crypto, foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
OANDA:XAUUSDLong
by SonicDeejay
1
Gold → A Buying Opportunity or a Market Trap?OANDA:XAUUSD continuing to bring hope for buyers, trading inside the local upward channel resembles a flag on the backdrop of a local downtrend. In the medium term, the dollar needs to be reassessed in the context of the Fed remaining supportive. This raises the question: What will happen to interest rates? Hold steady or increase? It must be understood that as Donald Trump prepares to return to the White House in January, the market will closely monitor U.S. economic data to forecast how the Federal Reserve will respond to anticipated inflationary pressures from administration policies, including tariffs, deregulation, and tax reform. The focus remains on U.S. jobless claims data. Economists polled by Reuters forecast around 224,000 claims for the week ending December 21, up from 220,000 claims in the week ending December 14. If jobless claims figures rise significantly, this will put pressure on the USD, and the gold market may start trading with a slightly positive trend. And vice versa. However, Ben does not talk about growth based on these numbers. Theoretically, as prices approach strong resistance levels, selling pressure seems stronger. Be careful! From a technical perspective, the price has the potential to rebound from any nearby strong level, which could lead to a subsequent decline. A key level to watch is 2620. If the bears manage to break this level and maintain their position below it, the overall selling pressure may intensify, likely resulting in a further price drop. The anticipated decline is expected to reach the range of 2,605–2,600 before setting up for any additional downward moves. Best regards,Bentradegold! Wishing everyone a joyful holiday season and a productive New Year 2025!
OANDA:XAUUSDShort
by Bentradegold
1
XAUUSD 30/12/24Our final gold markup before 2025 arrives and we transition into a new trading year! As expected, the Christmas period brought low trading volume, which leads us to review the setups from last week. With the New Year approaching quickly, we anticipate volume will remain low until 2025. Here’s last week’s text for additional context. XAUUSD 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
Gold conquering the $3,000/ounce mark is possible.China and India, the world’s two largest gold consumers, are also facing domestic challenges that could dampen demand for the precious metal. In China, a weaker yuan and a sluggish recovery from the pandemic have made gold less attractive. India, the number two gold market, is also facing similar challenges, with a recent currency devaluation eroding its purchasing power, making dollar-denominated gold more expensive domestically. That’s particularly worrying because India accounts for more than 25% of global jewelry demand. Recently, the news that US President Joe Biden proposed to increase arms aid to Ukraine caused gold prices to surge due to safe-haven demand. However, immediately after that, gold prices were under pressure to decrease as the market waited for signals from the new economic policies of the administration of President-elect Donald Trump and the interest rate decision from the US Federal Reserve (Fed). The world gold price has increased by about 28% since the beginning of the year, reaching a peak of 2,790 USD/ounce at the end of October. This precious metal is still considered an effective risk hedging tool, especially in the context of escalating geopolitical tensions. However, gold becomes less attractive in a high interest rate environment.
TVC:GOLDShort
by FalCol_TradingMaster