GOLD TRADING POINT UPDATE > READ THE CHAPTIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold Traders SMC-Trading Point update you on New technical analysis setup for Gold 🪙 Gold Traders Gold weekly Time Frame 🖼️ looking a good time for. Short Trade 😁. Also Goldman Sachs talk and 2025 if gold tast 3000$. Not for now weekly candle 🕯️ close below 👇 ⬇️ 2800 Next target 2538.
Key Resistance level 2900 + 2956
Support level 2800 - 2782 - 2706 - 2538
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
Goldintraday
Gold weekly chart with buy and sell levelsGold finally delivering its first red candles last week , what will the next week give us ?.
Looking at the weekly the bulls appear to be exhausted so we saw a decline in the last 4 days of the week.
2955.5 will be a level to watch in the coming week .
For the coming week we can buy at 2864 which you can see conforms to the paralell channel drawn 2871,2884 will be first and second resistance if broken expect 2895 , 2920 as next heavy resistance.
on the downside (I think this is more likely ) we can sell at 2848 , expecting 2840 then 2832 as next resistance.
It is worth noteing that all the heavy resistance is on the buy side with minimual resistance on the sell side.
Please use proper risk management and positioning size.
take profits along the way.
This is my own view on the next weekly gold trend and is not to be considered finincial advice.
xauusd:2800 is about to fallThe impact of the news is gradually fading from people's vision, so trading needs to rely on technical indicators and K-line charts.
The current trend has changed, mainly showing a downward trend.
Once the support of 2830 below is lost, 2800 is not far away. Next week is a very important node, because the weekly non-agricultural data is about to come, and this data plays a key role next week.
"Bullish Trend Continuation: Key Support Zones for Gold Buyers"Bullish Market Structure
The prevailing market structure remains bullish, indicating that selling gold at this stage may not be advisable. The price action continues to establish a sequence of higher highs (HH) and higher lows (HL), reinforcing the overall uptrend.
Key Buying Areas
A critical support zone, identified as the Buying Area, aligns with a recent HL, suggesting a potential entry point for buyers. Additionally, a broader Buying Zone exists at a lower level, coinciding with the 200-period moving average (blue line), which may serve as a stronger support should the price retrace further.
Opportunity for Buyers
Given the bullish market conditions, any pullback into these key demand zones presents a buying opportunity, with the expectation of a continuation towards the Target Area at the upper resistance level. The presence of a break of structure (BOS) in the past further validates the strength of the ongoing trend.
Trader Caution and Strategy
Traders should remain cautious of any shifts in momentum while maintaining a bias toward long positions as long as the market structure remains intact.
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XAUUSD: Short-term test of 2939-2942 demandThe explosion at the Russian Consulate General in Marseille has all the characteristics of a terrorist attack. With the announcement of the news, the price of gold rose by about $10 in the short term. So far, the news about Russia and Ukraine is basically calm.
So far, the transaction is in a narrow range. After the Asian session started, the lowest point fell to 2921, and then rebounded. The lowest point in the London market only touched 2935. There was no physical breakthrough, and there was a certain small support. The entire market is still in a high consolidation stage.
Combined with SMA, there is still a need to test 2939-2942 in the short term. If this position cannot be broken, we will choose the opportunity to trade long orders. The target is above 2950.
You need to maintain a cautious trading attitude before reaching the position. Try not to waste your balance.1
24/2 Today's Market Analysis and SignalsGold technical analysis.
Daily resistance 3000,
Support below 2892
Four-hour resistance 3000,
Support below 2930
Gold operation suggestions: Gold 4-hour level enters high-level fluctuations, with 2920-2915 area as support below, maintaining high-level strong fluctuations, the daily level upward trend remains unchanged, gold prices will rebound every time they step back on the 10-day moving average, the key support area, bulls will strengthen after touching it. The short-term bullish trend remains unchanged.
From the current 4-hour analysis, the support below continues to focus on the vicinity of 2930, and the short-term pressure above focuses on the 2940-45 line. Focus on the 2930 line support at the four-hour level. If the four-hour closing price falls below 30, it will be bearish. The overall trend continues to rely on this range to maintain high selling and low buying, and patiently wait for key points to enter the market.
BUY:2930near SL:2925
BUY:2892near SL:2888
Use small size, control risk
Gold weekly swing trade with both buy and sell levelsGold last week making new all-time highs practically every day what can we expect this week?
Let's have a look using charts and indicators with weekly, and daily trend lines to find the best entries for us.
I am expecting a retracement down to 2923.668 (2924 for entry) for a move of 78 pips.
If this happens wait for rejection at
2924/23 before entering a buy to Fibonacci level 1.618 which is 2970 for a total profit of 544 pips on the buy and 78 pips on the sell.
Did you know that if looking at this chart on a computer with a browser you get the option to copy the chart? You can see what indicators and set your own alarms at these levels.
As always with these types of trades use proper risk management, take profit along the way and realise you are trading one of the most volatile pairs especially around news time so be carful
Check out my other trade ideas below
GOLD WEEKLY CHART MID/LONG RANGE ROUTE MAP UPDATEDWeekly GOLD Analysis: 24th 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.
Gold reached an all-time high of $2,954.80 last week. As previously noted, close attention to the movement of the 5-day Exponential Moving Average (EMA5) was advised. The anticipated Fair Value Gap (FVG) provided strong support at $2,850, with the EMA5 approaching the first take-profit (TP1) level at $2,877, leading to a bullish surge that touched the all-time high. However, the EMA5 has yet to cross and stabilize above $2,877.
This situation persists, with the EMA5 still not locked above $2,877, which is necessary for further bullish confirmation. If the EMA5 fails to cross and hold above this level, the price may reverse to test the GoldTurn level at $2,875 before potentially bouncing back upward.
The key level at $2,735 remains a critical zone. Active GoldTurn levels at $2,875 and $2,735 suggest that the price may revisit these areas before advancing to 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.
* EMA5 detachment is still due on weekly chart.
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
GOLD - ( Long Term ) 📉 Gold Price Analysis: Bearish Trend in Play! 📉
After analyzing the current market trends, I anticipate a drop in gold prices, potentially reaching 2785 or 2697, depending on the zone where the price will make its return. I'll keep you updated and notify when the bearish momentum begins. The downtrend is expected to last from today until May 25th, 2025.
Stay tuned for updates and don't miss any key changes!
Are we on an expanded flat correction?!As my chart , It seems like after an orange impulse wave (12345) we are on an expanded flat corrective wave (phosphoric ABC) and on wave C we are on a triangle wave (purple ABCDE), Then target of this correction maybe be around 2910 !
And after that continue bullish waves !
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
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.
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!
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.
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
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
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;
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.
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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.
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;
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