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XAUUSD: 21/2 Today's Market Analysis and StrategyGold technical analysis Daily resistance 3000, support below 2892 Four-hour resistance 3000, support below 2920 Gold operation suggestions: Gold continued to rise strongly in the Asian and European sessions yesterday. The European session accelerated the breakthrough and stood above the 2950 mark to further create a historical high. However, the gold price was under pressure at the 2954 mark before the US session, and it fell back and fluctuated. The US session accelerated downward to break through the 2930 mark and continued to fall to around 2924, and then began to rebound. From the current 4-hour analysis, today's lower support continues to focus on the vicinity of 2920, the daily level support is 2892, and the upper pressure is above the 2958-60 line. The overall support continues to rely on this range to sell high and buy low, and wait patiently for key points to enter the market. BUY:2924near SL:2920 BUY:2892near SL:2888
TVC:GOLD
by ActuaryJ
The negotiations are only to expand the unstable situation.The gold price hit 2940 and the momentum was insufficient. After that, it fell back to 2937 in the short term, but did not continue to expand the decline, but rebounded quickly to around 2940. According to the small-level chart, the gold price can continue to rise in the short term. The purpose of the news talks is not to negotiate, but to further expand the unstable situation, so the gold price is expected to continue to rise. Target 2950.
OANDA:XAUUSDLong
by JAKE_T0
90% of traders struggle in the GOLD market, are you the same?From the current 4-hour trend, the support point below is 2905-2908. The short-term pressure level above is around 2940-2943, and the overall support is in this range. The rhythm of high-altitude low-multiple cycles is maintained, but David believes that GOLD will break through the short-term pressure level. In the middle position, keep more watching and less action, and be cautious in chasing orders, and wait patiently for key points to enter the market. BUY:2927 TP:2940-2950 SL:2894 OANDA:XAUUSD TFEX:GO1!
TVC:GOLDLong
by David_financial_analyst
XAUUSD: Continue to buy, how to determine the timing?Buy xauusd for eight consecutive days to make huge profits. Did you follow it? With the start of the trilateral talks, the price of gold quickly fell back to 2924 after reaching the highest position of 2939, and then rebounded to 2928 again. Is there no more opportunity to go long? Will the peace talks be successfully carried out? I don’t think so. After all, the leaders of the two countries are not "giving up territory for applause." So the opportunity to go long still exists. The short-term trend is still in the stage of callback and long. The technical side still relies on the trend support of SMA20 for trading. At present, the development trend of SMA is good. The precise trading points have been updated in the old place. Friends who are interested should remember to click and check it for reference.
TVC:GOLDLong
by JAKE_T0
1
Shocking GOLD newsSome people burn all their assets in just one month, while others can accurately buy at the bottom and reap multiple profits. In the last issue, those who followed my advice to short at 2915 have already made a profit. This time, I will give you an accurate analysis. The current gold price is around 2927. It is difficult to break through the pressure level of 2940. Combining technical indicators and trend lines, it is difficult for the gold price to rise in the short term. If you are more worried about when the gold price will fall? David recommends that all traders short. SELL:2927 SL:2950 TP:2900 TFEX:GO1! OANDA:XAUUSD
TVC:GOLDShort
by David_financial_analyst
Shocking comprehensive analysis of GOLDDear traders: The current gold price is $2920.34/ounce, and the short-term support level is in the $2880/ounce-$2850/ounce area. If it falls below $2850/ounce, it may trigger a change in the situation. The current resistance level is $2940/ounce. After breaking through, there is a great hope to move towards the $3000/ounce mark Market dynamics: Global trade tensions still exist, such as US President Trump's threat to impose tariffs on cars on April 2, and the hope of peace talks in the Russian-Ukrainian conflict is still uncertain. The continued geopolitical uncertainty supports the demand for gold as a safe-haven asset. The market has high expectations for the Fed's interest rate cuts. Traders expect that interest rates may be cut in September or October, which has enhanced the attractiveness of gold, but the hawkish remarks of Fed officials such as Michel, Bowman, Kritosfo, Waller, etc. have limited the rise of gold. If you agree with my analysis, please continue to pay attention. I will share my views for free later-(David) If you don't know when to trade, you can continue to pay attention TFEX:GO1! OANDA:XAUUSD
TVC:GOLDLong
by David_financial_analyst
XAUUSDAffected by the holiday in the USA, the gold price fluctuated in a narrow range yesterday, with a slight increase on the daily line. The overall trend is in line with our expectations. The price failed to form an effective continuation after the decline. After rising to 2940 last week, it encountered secondary suppression and then fell sharply. This week, the price did not break the previous low, continuing the pattern of nearly a year. The price briefly stabbed the support and then quickly repaired the decline. The main chart currently shows a weak short signal, but further confirmation is needed. The sub-chart MACD indicator is glued at a high level, with signs of forming a dead cross, suggesting a risk of decline. If the 4-hour candle falls below the support, it will rise sharply, and the price will temporarily recover some of the lost ground, but the rebound strength is weak. Focus on the recovery of the 26-day moving average. If the price re-stands on the moving average, it is expected to start a wide range of oscillations. In the medium and long term, the gold price is still in an upward trend, and a decline of tens of dollars in the short term is unlikely to change the trend direction. Regardless of whether 2942 is a stage top, the construction and confirmation of the head pattern requires a repeated process. From the daily chart, gold is still in an upward trend, and the trend has not changed, but the current momentum is gradually weakening, and the upper 2942 is also the previous high position, which is of reference significance from a technical perspective. The market may form a wide range of fluctuations at a high level. From the 4-hour chart, the gold bullish arrangement is still intact, and it can rebound effectively when it touches the middle track of the Bollinger Bands. At present, it encounters resistance at 2942 near the previous high, and there is a potential double top to be played. And due to the excessive stretching of the previous bulls, it often takes a period of adjustment. Therefore, without further news stimulation, it is unlikely that gold will rise fiercely, and you can capture the callback market. This week, pay attention to the competition between the high point 2942 and the neckline 2865. After the second high and then falling back, the 4-hour chart has the possibility of constructing a double top callback. This week, focus on the neckline 2865. The loss of this position will further deepen the adjustment space. Intraday trading is mainly based on callback buying, supplemented by rebound selling! Key points: First support: 2888, second support: 2880, third support: 2873 First resistance: 2910, second resistance: 2918, third resistance: 2924 Operation ideas: BUY: 2883-2885, SL: 2874, TP: 2910-2920; SELL: 2910-2913, SL: 2922, TP: 2890-2880;
OANDA:XAUUSDLong
by Jun-GoldAnalyst
Gold Market Forecast: Next Week’s Trading Setup & Key Price ZoneGold dipped below $2,900 on Friday but is set to close the week with over 0.80% gains as traders book profits. In this video, we break down the latest market moves: sharply plunging US Retail Sales, a weakening US Dollar, and improving US Industrial Production. Central banks continue ramping up their gold purchases, with the World Gold Council reporting over 1,000 tons bought in 2024. With Fed funds rate futures pricing in 38.5 basis points of easing for 2025, what does this mean for gold's future? Join me as I analyze these trends and prepare to capture the next move in the gold market this week. Subscribe for more in-depth market insights and trading strategies! Disclaimer Notice: Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult a financial advisor before making investment decisions. Past performance is not indicative of future results.
SAXO:XAUUSD
by darcsherry
5
Gold short-term analysisFrom the current market, the unexpected plunge of gold not only caused the 2900 mark consolidated last week to be lost again, but also formed a weak daily line to close sharply, and the closing of 2882 made the advantages accumulated by the bulls vanish. However, although gold has lost its upward advantage at present, I do not recommend being overly bearish or chasing shorts this week! Because firstly, the overnight gold price plunge was not caused by the essential reason, but was stimulated by the outside world, which triggered the market to sell. In this case, the follow-up force is difficult to maintain; Second, the decline trend on Friday and Tuesday is somewhat similar. Although the possibility of a lower test cannot be ruled out, with the break of the 2900 mark, the support strength obtained by the bulls will become stronger; Third, in addition to the known fundamentals that are favorable to gold, the current gold ETF holdings are still rising, which means that the market is still enthusiastic about buying gold, so it is optimistic that the gold price will return to the 2900 mark this week. From a technical perspective, the weekly line has rarely risen for 8 consecutive weeks. Last week, a rising candle with a long upper shadow line was closed, which is favorable for the shorts. However, given that other periodic indicators maintain a bullish arrangement, the Bollinger Bands are running upward as a whole, and the weekly level is generally biased towards the bulls. In terms of the 4-hour level, after the obstructed decline on Friday this week, the short-term moving average has completed a downward turn, and the short-term moving average extends downward in a dead cross pattern. Among them, the 5-day moving average and the 20-day moving average overlap in the 2908 area, forming a double suppression. The Bollinger overall intends to open, and the MACD indicator dead cross downward pattern shows sufficient downward momentum. From this point of view, the 4-hour level is still dominated by the shorts. On the whole, the short-term operation strategy of gold today is recommended to focus on rebound selling, supplemented by retracement buying! Key points: First support: 2873, second support: 2862, third support: 2853 First resistance: 2893, second resistance: 2900, third resistance: 2908 Operation ideas: BUY: 2865-2868, SL: 2857, TP: 2890-2900; SELL: 2897-2900, SL: 2908, TP: 2870-2860;
OANDA:XAUUSDShort
by Jun-GoldAnalyst
GOLD WEEKLY CHART MID/LONG RANGE ROUTE MAP UPDATEDWeekly GOLD Analysis: 17th February 2025 Hello Traders, Here’s a weekly chart analysis of GOLD, offering an in-depth look at recent market trends and future outlook. Since October 2023, our consistent tracking has achieved 100% target accuracy, as shown by the Golden Circle markers on the charts. Let’s break down the highlights and what’s next. Recap of Last Week’s Successes Weekly Chart Highlights: * EMA5 crossed and settled above Entry ✅ 2735 reached * Bullish Target TP1: 2877 ✅ Achieved * GoldTurn Levels at 2875 activated twice ✅ Reached What’s Next for GOLD? Bullish or Bearish? After hitting ENTRY LEVELS at 2735 and TP1 2877, we saw a small close above 2877 last week, leaving 3018 open as a potential target. We mentioned that an EMA5 lock would confirm this movement. While EMA5 hasn’t locked yet, the close from last week provided a solid push upward, gaining over 500 pips. The long-term gap remains open, with more movement likely after last week’s candle body close. Key Level: 2735 remains a critical zone. GoldTurn Levels at 2875 and 2735 are active, and the price may revisit these levels before bouncing back to reach TP1 and beyond. Recommendations & Strategy: * Focus on EMA5: Watch its behavior around 2877 for key signals on short- and long-term trades. * Support Levels: GoldTurn levels at 2875 and 2735 are vital for identifying reversal points and prime dip-buying opportunities. * FVG Support: A range between 2835 and 2850 is also supportive. For precise entry and exit points, check our daily, 12H, 4H, and 1H analyses for clearer market guidance. We’ll continue to provide daily updates, insights, and strategies on our TradingView and YouTube channels every Sunday. Don’t forget to like, comment, and share to support our work and help others benefit! The Quantum Trading Mastery
FXOPEN:XAUUSDLong
by TheQUANTUMTraders
XAUUSD:11/2 Today's Market Analysis and Strategy30-minute resistance 2935, support 2915 1-hour resistance 2950, ​​support 2900 Currently, the rising channel is complete, RSI is not overbought (about 65), and there is still room for upward movement. Focus on the support strength of the 2910-2915 range. If it holds, it will remain bullish. Note: If it breaks through 2950 during the day, it may accelerate towards 3000; if it pulls back to around 2900, it will attract long-term buying funds to enter the market. Personal opinion: Gold is likely to continue to fluctuate upward, and the Asian and European sessions may test 2950-2960$, mainly buying on dips
TVC:GOLDLong
by ActuaryJ
1
Gold plunges, can it break the upward trend?Gold finally fell on the daily line. After setting a record high of 2942 yesterday, the RSI indicator showed an overbought price for the first time and returned to the lower limit of the Bollinger Band. The latest MA10/7-day moving average stopped at 2875/2853, and the daily line began to fall and adjust. The four-hour chart and the hourly chart moving average are glued together, the hourly chart Bollinger Band is flat, and the RSI indicator turns downward and is below the central axis. The trading is based on a wide range of fluctuations during the day. If the US market meets the negative expectations of CPl data, the band decline is likely to be established, and you can continue to pay attention to the layout of the band short opportunity. If the data does not meet expectations and forms a significant positive, you need to pay attention to the second test of the previous high of the gold price. At present, the daily line has turned downward, and the main idea during the day is to sell at a high price and wait for adjustments. Recently, due to the resurgence of the trade war, the market's risk aversion has pushed gold to continue to refresh historical highs. The technical side shows a long arrangement, and there is no historical reference pressure. Therefore, the trend judgment is more about paying attention to some real-time signals in the market in a timely manner. The short-term indicators are seriously overbought, and there is a need for adjustment. This decline is also beyond expectations! Therefore, the next operation idea is very clear. Relying on the daily defensive moving average to go long, and breaking the position to go short and bearish. From a short-term perspective, gold has also entered the stage of adjustment, but the adjustment is also very beneficial to our later layout, because only adjustment can better buy! At present, the gold price has reached the support of the moving average, and the price is also staying near the 2881 line. The short-term adjustment obviously feels the support below. For this, the gold adjustment market will gradually come to an end, and the rising wave will follow! Key points: First support: 2882, second support: 2861, third support: 2844 First resistance: 2913, second resistance: 2926, third resistance: 2942 Operation ideas: BUY: 2878-2881, SL: 2869, TP: 2900-2920; SELL: 2918-2921, SL: 2929, TP: 2890-2880;
OANDA:XAUUSDLong
by Jun-GoldAnalyst
GOLD 1H CHAR ROUTE MAP & TRADING PALN FOR THE WEEKGOLD 1H Chart – 10th Feb 2025 Dear Traders, Here’s our updated 1H chart analysis, highlighting key levels and targets for the week. Gold is currently trading between two weighted levels, with a gap above 2892 and a gap below 2866. A confirmed EMA5 crossover and lock above or below these levels will signal the next trading range. Until then, expect price action to test these levels repeatedly. Our strategy remains focused on buying dips while tracking key weighted levels to identify potential bounce opportunities. Resistance: 2892 Support & Goldturn Levels: 2866 & 2852 (Critical Weighted Levels) 2837 (Major Support) 2802 - 2817 (Retracement Range) 2747 (Swing Range) EMA5 (Red Line) Analysis: * Currently between 2866 and 2892, indicating bullish momentum. * EMA5 positioning will be crucial in determining the next trading direction. Bullish Targets: EMA5 cross and lock Above 2892 → will open the following bullish Target 2918 EMA5 cross and lock Above 2918 → will open the following bullish Target 2942 EMA5 cross and lock Above 2942 → will open the following bullish Target 2963 Bearish Targets: EMA5 cross and lock Below 2866 → will open the following bearish Target 2852 EMA5 cross and lock Below 2852 → will open the following bearish Target 2837 EMA5 cross and lock Below 2837 → will open the following bearish Target 2817 EMA5 cross and lock Below 2817 → will open the following bearish Target 2802 (Retracement Range) EMA5 cross and lock Below 2802 → will open the following bearish Target 2747 (Swing Range) Trading Strategy: ✅ Maintain a bullish bias and buy pullbacks. ✅ Avoid chasing tops; buy dips from key levels. ✅ Use smaller timeframes for pullback entries at Goldturn levels. ✅ Target 30-40 pips per trade for effective risk management. Trade smart and stay updated with our daily insights! Support us with likes, comments, boosts, and follows! 📉💰 The Quantum Trading Mastery
FXOPEN:XAUUSDLong
by TheQUANTUMTraders
GOLD 4H CHART ROUTE MAP TRADING PLAN FOR THE WEEK4H Gold Analysis – 10th Feb 2025 Dear Traders, Here’s our updated 4H chart analysis, including key levels, targets, and Goldturn levels for the week. Gold is currently fluctuating between two weighted levels, with gaps above 2876 and below 2850. A confirmed EMA5 crossover and lock above or below these Goldturn levels will determine the next trading range. Until then, expect levels to be tested side by side. Trading Strategy: * Maintain a bullish bias and use pullbacks as buying opportunities. * Avoid chasing tops; instead, buy dips from key levels. * Use smaller timeframes for pullback entries at Goldturn levels. * Aim for 30-40 pips per trade for effective risk management. Bullish Targets EMA5 cross and lock Above 2876, will open the following bullish target 2903 EMA5 cross and lock Above 2903, will open the following bullish target 2925 Bearish Targets EMA5 cross and lock Below 2852: will open the following bearish target 2828 EMA5 cross and lock Below 2828: will open the following bearish target 2803 EMA5 cross and lock Below 2803: will open the following bearish target 2776 (Retracement Range) EMA5 cross and lock Below 2776: will open the following bearish target 2747 (Swing Range) Trade with confidence and discipline. Stay updated with our daily insights! Support us with likes, comments, boosts, and follows! 📉💰 The Quantum Trading Mastery
FXOPEN:XAUUSDLong
by TheQUANTUMTraders
Gold trend analysis and top and bottom signal sharingGold has risen for the seventh consecutive week. The RSI indicator is at a high level close to 80. The price is at the upper track of the Bollinger Band and exceeds the line. The price deviates from the MA10 daily moving average. Once the weekly RSI indicator forms an overbought or top divergence, and considering that the 7-week rise has reached a critical time window, we need to be careful of short-term peaks! From a technical perspective, the short-term trend structure of the daily chart remains intact, but the price indicator has reached the end. We need to pay further attention to the subsequent policy impact of Trump's new policy. Once the top divergence is established, it will usher in a short-term wide-range downward shock and trend reversal! The bullish upside space exceeds 330 $, and we need to start considering the bulls entering the end. At present, the transaction is still in the trend of participating in the short-term transaction of buying at a low price. The key resistance or historical high pays attention to the mid-term short opportunity of the band! The gold market came a little late last Friday night. NFP bottomed out and rebounded directly to break through the new high, breaking the shock pattern! Gold hits a new high in the short term, and the bullish energy is very strong. The first wave of piercing is just a test, and there may be another pull-up and breakthrough in the future! Gold fell after the short-term piercing, but the current gold price has begun to weaken its downward energy near 2855, and this intraday trend also shows that there is a strong support effect at the 2850 line. In the short term, gold is supported by 2850 and has not fallen below the NFP market low of 2852. It is easy to bottom out and pull up again, so the later short-term layout should first refer to the purchase above 2850! Key points: First support: 2853, second support: 2845, third support: 2830 First resistance: 2878, second resistance: 2888, third resistance: 2906 Operation ideas: BUY: 2855-2858, SL: 2847, TP: 2870-2880; SELL: 2890-2893, SL: 2902, TP: 2870-2860;
OANDA:XAUUSDLong
by Jun-GoldAnalyst
Gold Trend Analysis and StrategiesFrom the daily chart, gold prices regained their upward trend after struggling to stand firm at $2,800. Any pullback at the beginning of the week is seen as an opportunity to buy on dips. It has killed shorts all the way up. Combined with fundamental news, it continues to refresh the historical high to around 2,880, further extending the space, but there is a sell-off above 2,880. Combined with the overbought divergence of bulls, it continues to fall. After breaking the 4-hour cycle middle track of 2,845, the gold rising pattern has initially changed! At present, it is necessary to test the pressure conversion support of the previous high point near 2,830. Before breaking, the gold bull sentiment always occupies the market. At present, gold has not yet reached the bottom of the retracement. The 5-day moving average of 2830 cannot hold up. There will be another retracement next week. The closing line is above 2850, so it depends on the impact after the release of non-agricultural data. After the risk aversion of gold eased yesterday, gold bottomed out, but the risk aversion sentiment was not fully released. Gold bottomed out and rebounded to stabilize again. The gold shorts made a false move, and the gold shorts did not continue. The gold longs reversed in a deep V, and the gold deep V basically had no major correction, which means that the gold longs are relatively strong and are likely to accelerate the rise. Although gold fluctuated downward last night, it has now begun to bottom out and rebound. The gold longs reversed in a deep V. Gold fell back or continued to go long. After gold bottomed out, it began to maintain around 2850, and then continued to rise after a rest. So gold continued to go long after stepping back to 2850 in the Asian session. Key points: First support: 2850, second support: 2842, third support: 2831 First resistance: 2873, second resistance: 2882, third resistance: 2900 Operation ideas: BUY: 2847-2850, SL: 2839, TP: 2870-2880; SELL: 2880-2882, SL: 2891, TP: 2860-2850;
OANDA:XAUUSDLong
by Jun-GoldAnalyst
Gold XAUUSD Possible Move 06.02.2025Market Analysis: Incomplete Head and Shoulders Pattern with Breakout & Retest Strategy Pattern Identified: The chart presents an incomplete Head and Shoulders (H&S) pattern, which suggests a potential reversal or continuation depending on price action at key levels. The neckline of the pattern aligns with the green support zone. Key Levels: Resistance Zone (Red Area - ~2,872): Price has tested this zone multiple times, making it a key level for a breakout. Support Zone (Green Areas - ~2,860 and ~2,844): These zones act as crucial demand areas, where price could either bounce or break lower. Possible Trade Scenarios: Bullish Breakout: If price breaks above the red resistance (~2,872) and successfully retests it as support, this would confirm a bullish continuation. Entry Signal: Buy after a confirmed retest with bullish momentum. Target: Next resistance levels around 2,884 - 2,890. Stop-Loss: Below the previous structure (~2,864). Bearish Breakdown: If price fails at resistance and breaks below the green support (~2,860), a bearish move is likely. Entry Signal: Sell after a successful retest of the broken support (~2,860) as new resistance. Target: Lower support zone around 2,844. Stop-Loss: Above the broken level (~2,868). Neutral Range-Bound Scenario: If price remains trapped between 2,860 and 2,872, traders should wait for a breakout before entering trades. Trade Signal (Based on Breakout Confirmation) Buy Signal: If price breaks and retests above 2,872, enter long with a target of 2,884+. Sell Signal: If price breaks and retests below 2,860, enter short with a target of 2,844. This strategy ensures safe trading by waiting for confirmation before taking positions. Kindly follow, comment, and like to show support.
OANDA:XAUUSD
by Quinn901
2
Gold reaches new highs every day, buy after stabilizationThere is no need to analyze the technical aspects too much. If it is strong and sideways, just buy directly. Once the correction is too deep and the stop loss is hit, continue to buy at low levels. The direction is more important than the position. The daily line has been rising continuously. Since mid-December 2024, gold has been like a wild horse running away. The gold price is completely out of control. There is no guessing the top of gold. Today's NY market continues to be bullish. There is no highest, only higher. The next target of 2900 and 3000 is no longer a dream. In the short term, pay attention to the 2830-2840 area, which has become a new strong support. The bullish trend will be maintained in the short term. The idea is to continue to be bullish if it retraces close to the support band. If the retracement is limited, then look for opportunities to buy after the hourly line adjusts and retraces. If it stops falling and stabilizes, it is an opportunity to enter the market to buy. Use support as a defensive position to arrange a buying strategy. Currently, it touched the 2848 line in 1 hour and stopped falling slightly. Then pay attention to buying near 2848, including buying directly near the current price of 2856 and lower prices, with a stop loss below 2848. If the SL is hit, continue to buy at a lower price. The most worrying thing at the moment is missing the buying opportunity.
TVC:GOLDLong
by ActuaryJ
XAU/USD 06 February 2025 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Analysis/bias remains the same as yesterday's analysis dated 05 February 2025 As mentioned in analysis dated 04 February 2025 that price could continue bullish to bring CHoCH positioning closer to recent price action. This is how price printed. CHoCH positioning has now changed, which is denoted with a blue dotted line. Price is trading within an internal low and fractal high. Intraday Expectation: Price to indicate bearish pullback phase initiation by printing bearish CHoCH, which is denoted with a blue dotted line. Note: With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Analysis/Bias remains the same as yesterday's analysis dated 05 February 2025. As mentioned yesterday, whereby it was stated that I will continue to monitor price. You will note I have marked the bullish iBOS in red. This is due to the fact price did not pull back enough to substantiate a further bullish iBOS as this would have significantly narrowed the internal range relative to rent price action. Price continues to make higher highs with current ChOCH positioning denoted with a blue dotted line Intraday Expectation: Price to indicate bearish pullback phase initiation by printing a bearish CHoCH. Alternative scenario: As H4 remains in bearish pullback phase, it would be viable to consider price targeting strong internal low, priced at 2,722.215. Note: With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment. M15 Chart :
OANDA:XAUUSD
by Khan_YIK
Gold is soaring, has it reached its all-time high?Gold still maintains the trend of bullish structure in the rising channel, and the daily line hits a new record high of 2882, ending the rising streak. The upward trend has expanded to $300 since 2582 on December 19. From the technical perspective of gold, how much upward space is there in this round of upward trend? When will the trend change? First of all, the daily and weekly RSI indicators are both at a high level close to 80 values. After the weekly chart hit a record high, the price deviated from the MA10 daily moving average, and the price was above the upper track of the Bollinger band. From the weekly and daily charts, as the increase further expands, the upward space is gradually compressed. Pay attention to the high and low after the historical high and the turning of the indicator signal after overbought. Trading ideas: Buy at a low price in the callback, but hold short-term and do not chase high prices. Pay attention to the opportunity of long-term band short at the historical high! The short-term structure is still relatively obvious, and the strong market is rising unilaterally. The bullish buyers of gold are almost out of control. Is 2900 no longer the target in February? This frequent rise may really reach an unprecedented high of 3,000 at the beginning of 2025! The current trend of gold is relatively resistant to declines. Without news or data catalysis, the bulls will not take profits and enter the market again for the time being. If it falls today, it will give an opportunity to adjust the low-price buying entry. Today, it is still bullish with 2,850 as the defense point. February is destined to have a historical high. Today, continue yesterday's low-price buying idea! Key points: First support: 2860, second support: 2852, third support: 2840 First resistance: 2878, second resistance: 2886, third resistance: 2898 Operation ideas: BUY: 2851-2854, SL: 2842, TP: 2880-2890; SELL: 2895-2898, SL: 2907, TP: 2860-2850;
OANDA:XAUUSDLong
by Jun-GoldAnalyst
GOLD 1H TRADING ANALYSIS FOR THE DAY / ALL TIME HIGHDear Traders, Please seee our updated Analysis of the New Chart (5th February) Key Observations All orange circles represent previously achieved targets: Reflects accurate analysis and alignment with market conditions. In this chart TP1 (2817.55): Successfully hit. TP2 (2837.03): Successfully hit. TP3 (2856.51): Pending Resistance Levels: 2845.42 Support Levels: Key Support: 2812. GOLDTURN Levels: 2837 (critical weighted level). 2828 (critical weighted level). 2817 (next major support level). 2807 - 2812 (lower demand zone). EMA5 (Red Line): Currently above TP2 (2837), indicating ongoing bullish momentum. EMA5's position will be critical for determining future price action. Recommendations Focus on EMA5 Behavior: Bullish Case: * If EMA5 holds above TP2 (2837) and Goldturn 2837 provides support, bullish momentum will likely push the price higher to retest and achieve TP3 (2856.51). * If EMA5 cross and lock above 2856, it will determine further bullish target to 2869 Bearish Case: * If EMA5 cross and lock below 2837: Indicates bearish pressure, likely pushing the price towards Goldturn 2828. * If EMA5 crosses and locks below Goldturn 2828: Expect further decline to: Goldturn 2817 (strong demand zone and support). * If EMA5 crosses and locks below Goldturn 2817 : Expect further decline to: 2807 - 2812 (key structural support). Summary of Key Points Holding above indicates bullish momentum with potential retest of 2856.51. Breaking below leads to bearish targets at 2823, 2817, and 2807. We will continue to capitalize on buying dips using our identified support levels, aiming for gains of 30 to 40 pips per trade. Consistent with our previous strategy, each of our structured levels typically provides reliable bounces ranging from 20 to 40 pips, offering steady opportunities for short-term profits. Please show us support with likes, comments, and follow our channel. Don't forget to boost our post. The Quantum Trading Mastery
FXOPEN:XAUUSD
by TheQUANTUMTraders