Goldidea
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GOLD IS READY TO FALL As I expect, that gold will fall when it reaches at the area of SBR, which is in D1 Timeframe and H4 Trendline area.
We have seen that gold has fall since last two weeks, and flown from the level of support of Little Timeframe.
As you can see that, sometimes gold fall and sometimes gold fly but it follows the scalping setups right?
lets talk about my idea, there is a SBR in D1 Timeframe and there is a area of trendline in H1,H4 Timeframe. H4 has Bearish Eng and has failed bullish Eng in H1 and H4 Timeframe.
ENTRY POINT : 2632 at the area of failed Eng.
STOPLOSS : 2651 and Target is 2585.
Don't forget to use stop loss on your trades.
stay tune for update, don't forget to share your idea on this post.
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold price analysis December 23Fundamental Analysis
Gold prices held steady near $2,625 in early Asian trading on Monday. The Federal Reserve’s hawkish stance could weigh on the yellow metal. However, a weaker greenback following weaker inflation data could limit the yellow metal’s
downside. The Fed cut interest rates at its December meeting as expected but signaled it would slow the pace of further reductions in borrowing costs. The Fed’s dot plot, a chart that projects the future path of interest rates, shows a half-percentage-point cut in rates by 2025, compared to a full percentage-point cut expected in September. This, in turn, further boosts the US Dollar (USD) and weakens USD-denominated gold as higher real interest rates increase the opportunity cost of bullion.
Technical Analysis
Gold marked a second consecutive bullish rebound today. Although there were some adjustments at the beginning of the Asian session, as long as the correction does not exceed 2605, it is still a buying opportunity worth paying attention to. 2651-2665 are considered the two technical resistance zones of gold price today before it wants to uptrend again and find the peak around 2692. If 2605 is broken, 2657 will be the target of all subsequent downtrends.
Gold price analysis December 19⭐️Fundamental Analysis
Gold prices fell sharply due to the impact of the Fed's less dovish outlook.
Fed Chairman Powell emphasized cautious policy in the context of ongoing high inflation risks.
The Fed forecasts inflation target to reach 2% in the next 1-2 years, indicating slow progress.
The latest dot chart shows few interest rate cuts until 2026, stabilizing the Fed funds rate at 3.4%.
⭐️Technical Analysis
Gold prices fell to the 2685 area and were accepted by buyers to push prices up around 2610 in the Asian session. If the European session fails to break 2613, Gold will continue to fall in the European session and the destination is relatively far away at 2585-2558. In case the resistance zone at 2613 is broken, the direction is towards 2633, which is the first corrective wave SELL zone and the second corrective wave SELL zone around 2663
XAUUSD expecting next impulse after a sharp decline!Hi fellow traders, XAUUSD is ready to make a move higher from the blue box after completing a sharp correction. Move your stoploss to break even as soon as we close above the grey ‘Risk free zone’. Target the 2800.86 level. Good luck and trade safe!
GOLD: Technical Trends and Fed Meeting Impact AheadGold remains relatively stable, hovering around $2,644 on Wednesday as I draft this article. This follows a rebound from a one-week low reached on Tuesday. The precious metal is currently under some pressure as investors anticipate the results of the final Federal Reserve meeting of the year.
From a technical standpoint, gold has already tested a significant daily demand zone, subsequently retreating from a high of $2,720. Now, the metal appears poised for a potential bearish trend as the US dollar continues to gain strength. Retail traders are predominantly holding long positions, whereas commercial traders seem to be reducing their long exposure, which could suggest a shift in market sentiment.
Looking ahead, the upcoming economic data from the US, including the Federal Open Market Committee (FOMC) meeting today and the unemployment claims report tomorrow, could provide further support to the dollar. If these reports indicate stronger economic conditions, it may exacerbate a bearish trend for gold prices.
As the market assesses the Fed's policy direction and its implications for interest rates and the dollar, gold will likely remain on the defensive. Investors should monitor these developments closely, as they could significantly influence gold's price movements in the near term. The combination of potential dollar strength and a shift in positioning among traders adds to the likelihood of continued bearish pressure on gold.
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XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold Price Analysis December 16Fundamental Analysis
Expectations of a hawkish Fed rate hike next week boosted the US dollar and US Treasury yields on Wednesday, leading to a corrective pullback in gold prices from multi-month highs.
US President-elect Donald Trump's tax plan will add to inflation and delay the Federal Reserve's easing policy.
Technical Analysis
Gold is in a strong bearish channel with 2636 being the first target of the downtrend and 2626 the next. The recovery to be considered a trend reversal only when gold closes above the 2691 area. Gold is still considered a downtrend if it faces the 2672 and 2691 port areas. Pay attention to price reaction to have the best trading strategy
Trading attention zone
BUY zone 2626-2624 Stoploss 2620
SELL zone 2673-2675 Stoloss 2678
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.