Gold Bullish moveThere is a potential bullish move on the 15 min timeframe. Stop loss: 2.700 Take profit: 2.726
Goldlong
The upward trend is good, waiting for buying opportunitiesGold continued to rise and close on the daily chart, and the price continued to run in the trend. The MA10/7-day moving average of the daily chart kept opening and moving up to 2678/2690, and the RSI indicator kept turning upward and running above the central axis. The price of the short-term four-hour chart continued to move up along the 7-day moving average, and the Bollinger Bands kept opening upward, and the price continued to run along the middle and upper tracks. The trading idea remains unchanged, and the trend is low and long to participate in the transaction
Gold is still in a bullish trend now. The decline is an opportunity to go long. Gold has hit a recent high again. The bulls are better. Gold is directly long near 2700! Now it is the home court of the bulls, so continue to go long with the trend.
The gold 1-hour moving average continues to diverge upward, and the gold bulls will continue. The gold highs continue to set new highs, and the lows are also raised in turn. Gold is still in an obvious bullish trend in 1 hour. After gold broke through 2700 yesterday and stood firm at 2700, gold held 2700 today and continued to go long. Gold can enter the market near 2700 first.
First support: 2707, second support: 2701, third support: 2693
First resistance: 2725, second resistance: 2736, third resistance: 2748
Operation ideas:
BUY: 2698-2700, SL: 2690, TP: 2720-2730;
SELL: 2728-2730, SL: 2739, TP: 2700-2710;
1.17 Gold fluctuates steadily upwardGold opened yesterday and fluctuated upward from 2694 to 2702. After that, the price fluctuated and fell to the intraday low of 2690 and then began to rebound and rise to 2711. Our 2694-95 long order was also a perfect profit stop. The US market price fell from 2711 to 2700 and then rose again to the intraday high of 2724.6 and fell back to 2714.
From yesterday's trend: 2698-2700 is the current support point, followed by 2711-12. The upper resistance is 2720-26.
Market analysis:
① The daily line closed with a positive column yesterday, combined with the indicator macd golden cross and the upward repair of sto, which means that the daily line will continue to rise. Then the long position is the current moving average MA5 near 2693. The current daily line supports the moving average MA10 and MA60 and the middle track 2677-2661-2651.
②4-hour current MACD golden cross high shrinkage, dynamic indicator STO double line adhesion downward, indicating high price fluctuations. The 4-hour is currently supported by the MA10 and parabolic turning point adhesion 2703-07 line, followed by the middle track 2690. The 4-hour is currently maintaining a range of 2726-2706.
③Hourly current Bollinger band three tracks shrinkage represents range compression. And range compression means that there will not be a big rise or fall at present. The hourly indicator MACD high dead cross volume, dynamic indicator STO hook down hovering near overbought.
In summary:
The daily line is still mainly buying on dips, and the long position is near 2693 and 2698; but the 4-hour is currently maintaining a high range of fluctuations, and the hourly line is currently shrinking, indicating fluctuations. Therefore, the price during the white session is maintained in the range of 2726-2697.
Strategy:
Short around 2720-22, defend 2726.5, target 2712-2708-2700 (aggressive short around 2718)
Long around 2698-2700, defend 2690, buy more at 2694-95, target 2718-2726, break through 2732-2742-48
The golden is aggressive!
The gold price trend recently showed that the price of gold has shown a relatively stable upward trend for a period of time.
It can be seen in the one -hour chart:
1. Rising channel: The price of gold is running in a clear rising channel as a whole, which indicates that the current market trend is too much and the buyer's power is strong.
2. Key price points: several important price points, 2,664, 2,619 and 2,724. These points show the fluctuation law of gold prices in the channel, forming a series of high and low points, which reflect the market resistance and support.
3. Return recovery and breakthrough: The current gold price has just fell from the resistance level at the top of the channel, and the support area of the channel midline was close. The price is expected to continue to rebound after being supported near the midline, further testing higher resistance.
Based on the current trend, the price of gold in the future may show the following situations:
1. If the gold is supported from 2,710 to 2,698 near the middle line of the channel, it is expected that the price may rise further. The target is the upper area of the channel, which may touch 2,730 or higher.
2. Low risk: If the price falls below the central line support, it may be further adjusted to the lower edge of the channel near 2,665. But considering the upward trend, such situations may only be brief adjustments.
3. Key support and resistance: supporting positions around 2,698 and 2,685, and the resistance levels are 2,724 and 2,730.
In terms of operation suggestions, short -term traders can pay attention to the opportunity to rebound in the mid -line support, while medium and long -term investors can continue to watch more gold prices, but they need to be alert to the risk of failed support. The current macroeconomic environment and market emotions, such as the US dollar index and inflation data, may become the main driving force affecting the trend of gold, and should pay close attention to the release of relevant data.
Advice
Gold once again rushed to participate in the vacant order under the pressure of 2720, stop loss of 2735. The downlink target 2710, 2700.
Below the golden recovery supports the rise of 2698-2695, and participate in multiple single layouts. Raise the situation on the 2720. Break 2685 under the stop loss as the basis for stop loss.
Gold trading zones: 17-Jan-2025Stay ahead with today's Gold trading zones. Enhance your market insights and trade carefully.
GOLD XAUUSD BULISH CHANNELXAUUSD is currently trading within a well-defined bullish channel pattern, characterized by higher highs and higher lows, indicating a strong upward momentum in the market. The lower trendline of the channel acts as a support level, providing a cushion for price pullbacks, while the upper trendline serves as a resistance zone, marking potential targets for buyers. As long as the price remains within this channel, the overall sentiment remains bullish, suggesting continued growth. A breakout above the resistance level could signal accelerated bullish momentum, while a break below support may indicate a potential reversal or consolidation phase.
GOLD is ready to fly againXAUUSD Gold is showing strong signs of preparing to take off again! After consolidating and building momentum, the precious metal is positioning itself for another powerful move upward. As the market aligns, this could be the perfect time to watch for golden opportunities. Are you ready to ride the wave of gold's next flight?"
GOLD - Long active !!Hello traders!
‼️ This is my perspective on GOLD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. I expect bullish price action after price rejected from trendline + LZ. As well we have a hidden divergence for a buy.
Fundamental news: Tomorrow (GMT+2) we will see results of yearly and monthly CPI on USD, news with high impact on currency.
Like, comment and subscribe to be in touch with my content!
GOLD XAUUSD 1hr chart update XAUUSD Gold: Destroying liquidity and filling the liquidity gap (FVG) signals a potential bullish move. Long positions could capitalize on the anticipated price surge as market structure shifts upward."
GOLD BUY NOWXAUUSD Gold maintains bullish momentum as buyers push for higher levels, supported by strong demand and favorable market conditions. Focus remains on key resistance zones for potential upside targets."
Gold Price Update: Potential Bullish ContinuationGold prices are showing signs of a potential bullish continuation. The price has retraced to the 0.5 Fibonacci level at 2,677.26 USD after a strong upward move and appears to be stabilizing around this support.
The current consolidation above 2,677.26 USD suggests the possibility of another upward push toward the 1.0 Fibonacci level at 2,697.98 USD, with further resistance levels at 2,718.71 USD and 2,729.08 USD. However, if the price fails to hold above 2,677.26 USD, the next support level to watch is 2,666.89 USD.
Key Levels:
Immediate Resistance: 2,697.98 USD (1.0 Fibonacci level)
Support Zone: 2,677.26 USD (0.5 Fibonacci level) and 2,666.89 USD (0.25 Fibonacci level)
Potential Targets: 2,729.08 USD (1.75 Fibonacci level)
This setup indicates a bullish outlook if key support levels hold. Should monitor price action closely for confirmation of the next move.
GOLD - Potential Bullish Break & Retest SetupGold is currently trading above the $2,700 level, which previously acted as resistance and could now serve as support. If the price pulls back and buyers defend this level, it could confirm bullish momentum, leading to a continuation toward the next target at $2,712. However, failure to hold above the zone may invalidate this setup and signal potential bearish pressure.
This scenario aligns with the broader ascending channel structure, suggesting the potential for further upside if key support holds.
WHERE is down schedule level zone of goldXAUUSD Gold is hovering near a critical resistance level zone today. Traders should approach with caution and trade at their own risk, as the market shows potential for both upward and downward movements. While the overall trend may suggest bullish momentum, a reversal cannot be ruled out, making it essential to monitor price action closely before making decisions.
Gold (xauusd) indicating a bullish trend on the 2-hour timeframeBased on the provided chart:
### Key Observations:
1. **Trend**: The price is trading within an upward-sloping channel, indicating a bullish trend on the 2-hour timeframe.
2. **Structure**:
- BOS (Break of Structure) and ChoCh (Change of Character) annotations highlight the market respecting structure levels while maintaining its upward trajectory.
- Recent formations suggest a continuation of the bullish trend after a corrective phase.
3. **Cup Formation**: A rounded bottom ("cup") pattern is visible, often interpreted as a bullish continuation signal. The breakout above the rim of the cup suggests potential further upside movement.
4. **Targets**:
- Immediate resistance lies near the upper boundary of the channel (around 2,700–2,710).
- A breakout above the channel may lead to more significant gains.
### Potential Trade Scenarios:
1. **Bullish Scenario**:
- Enter on a confirmed breakout of the rounded bottom pattern.
- First target: 2,700 (upper channel boundary).
- Second target: 2,730 (extension beyond the channel).
2. **Bearish Scenario**:
- If the price rejects the upper channel boundary or fails to maintain momentum, expect a pullback toward the midline of the channel, around 2,660–2,670.
- In case of a breakdown, key support lies near 2,640–2,650.
### Additional Notes:
- Monitor volume on any breakout or rejection for confirmation.
- Keep an eye on key economic events or news that might influence gold prices, as these can affect momentum.
Gold rises and then consolidates
Currently, the price of gold is around $2,695, and the overall trend is fluctuating upward. From a technical point of view, the price is gradually climbing along an obvious upward trend line, which shows that the bulls are still dominant. The price has recently hit a high of $2,701.66 and then pulled back, and sought support at two key support areas of $2,685.71 and $2,677.78.
From the current possible trend, the price of gold may face two scenarios:
1. Rising scenario:
If the price of gold stabilizes in the current area and gets support at the rising trend line ($2,685.71 or $2,677.78), the price may continue to rebound and test the high of $2,701.66 again. Once the high is broken, it may rise further in the future, with the target pointing to higher resistance levels, such as around $2,710.
2. Pullback scenario:
If the price fails to hold the support of $2,685.71, it may test the secondary support area near $2,677.78 downward. If this area is lost, the upward trend may be threatened, and the price may further drop to a lower support area. It is necessary to focus on the effectiveness of the trend line.
Key technical indicators:
Support level: $2685.71 and $2677.78.
Resistance level: $2701.66 and $2710.
Overall, gold is still in a bull market, but there may be a small correction in the short term to release the pressure in the rally. Traders can formulate trading strategies based on support and resistance areas, while paying close attention to the market volatility and the impact of fundamental news on gold.
Gold trading zones: 16-Jan-2025Good morning dear traders: Explore today's Gold trading zones and enhance your market knowledge.
TRYING GOLD - The informal way! (XAU-USD)So let me check if my doodles work here or not!! Yellow line is his restroom line, Or if he can control his pressure he can cover the distance lol.
GOLD prediction CPI update read caption XAUUSD Gold CPI Update 🔥
Scalping Opportunity Alert!
With CPI data in focus, expect heightened volatility in XAUUSD. Look for quick entries around key levels for potential fast profits. Stay sharp, manage risks, and capitalize on the market moves! 📈💰"
Gold is rising!If we look closely at the gold chart, we have broken a good pattern up and we have an untouched point as a target. We expect to move towards the specified target after a short correction. Of course, next week the correction may be much smaller than expected! Selling deals are a bit more risky at the moment
Technical analysis of gold trend
Price review and key levels
As can be seen from the chart, gold has recently fluctuated between $2,684 and $2,691. The current price is at the upper edge of the rising channel, showing certain upward potential. Fibonacci retracement levels provide important support and resistance levels:
Fibonacci 0.236 ($2,678): The current price is close to this resistance level, and breaking through this position may open up further room for growth.
Fibonacci 0.382 ($2,666): In the recent adjustment, this level has provided short-term support.
Fibonacci 0.618 ($2,646): Shows strong support and is an important support point for the current upward channel.
Technical pattern analysis
1. Rising wedge: The red trend line shows that the price of gold is fluctuating along the rising wedge, and the rising wedge usually indicates that the trend will continue.
2. Double top signs: A double top pattern appeared at the recent high, but the neckline was not broken, indicating that the bulls still have a certain degree of dominance.
3. Potential pullback: If the upper edge fails to break through in the short term, the support level of $2,675 (lower edge of the channel) may be tested again.
Upward target
Short-term target: If the price successfully breaks through the previous high of $2,697, the next target will be $2,705 or even higher.
Long-term target: The channel extension trend shows that if the bulls are strong, the price has the potential to test the psychological barrier of $2,730.
Risk factors and operation suggestions
1. Risk: If it falls below the lower edge of the channel (near $2,660), it may trigger more selling pressure, and the key support below is $2,640.
2. Trading suggestions:
Long: It is recommended to wait for the price to break through $2,697 and then chase long with a light position, with a target of $2,705-2,720.
Short: If it falls below $2,660, you can short with a light position, with a target of $2,646.
Gold is currently in an upward trend, and in the short term, pay attention to the breakthrough of the $2,697 resistance level. The operation is mainly based on trends, and flexible responses are taken in combination with key support and resistance levels.
GOLD AFTER SUPPORTTechnical Overview:
1. Current Position:
Gold declined to 2660 but rebounded, now trading above 2665, which serves as a key support level.
2. Expectations:
Potential downward adjustment to the 2665 zone during Asian/European sessions.
Likely upside targets: 2675 and 2690.
---
Trading Plan:
Buy Zone:
Between 2666 - 2664.
Stop Loss (SL):
2661 to minimize downside risk.
Take Profit (TP):
First target: 2675.
Second target: 2690.
---
Notes:
Monitor price action around the 2665 level closely to confirm buying momentum.
Adjust SL and TP dynamically if there’s significant volatility or news impacting gold.
Maintain risk management: Position sizing should align with your risk tolerance.
Good luck with your trade! Let me know if you'd like a more detailed strategy or updates.
XAUUSD Trade LogXAUUSD Daily/Monthly Long Setup
Trade Logic:
- Setup: Long position initiated within a high-confluence zone supported by multiple technical and structural factors.
- Confluence Factors:
- Daily/Monthly Buy Signal: Higher timeframe signals indicate strong bullish momentum and continuation potential.
- Trendline Support: Price has respected a long-term ascending trendline, acting as dynamic support.
- Fair Value Gap (FVG): Entry aligns with a daily FVG in a discount zone, offering a high-probability long opportunity.
- Kijun Support: Both daily and weekly Kijun lines provide additional support confluence.
- Liquidity Zone: Recent sweep of liquidity below equal lows clears the path for a bullish reversal.
- Risk-Reward Ratio (RRR):
- Stop-loss set below the trendline and daily FVG for tight risk management.
- 1:3 RRR targeting the weak high at 2,910 , with secondary targets near 3,000 for extended profits.
Macro Context:
- Market Sentiment: Safe-haven demand for gold is rising amid geopolitical and economic uncertainty, aligning with bullish technical signals.
- Dollar Weakness: Weakening USD supports upside momentum in XAUUSD.
- Volume Profile: Strong buy-side volume near key support levels indicates institutional participation.
Execution Plan:
- Long entry near the confluence zone of the trendline, FVG, and Kijun support.
- Maintain stop-loss below the daily FVG to manage risk effectively.
- First target near 2,910 , with extended targets at 3,000 for partial or full profit-taking.
- Reassess position if price closes below the trendline or invalidates the daily buy signal.
Extra Note: Monitor macroeconomic events such as interest rate announcements or geopolitical developments that could affect gold prices. Let me know if further adjustments are needed!
XAU/USD – Key Support and Upside Potential
Gold (XAU/USD) is showing a strong bullish structure, with prices recently bouncing off a major support zone around $2,660. This area, reinforced by the 200 EMA, has acted as a strong foundation for the next potential rally.
The chart highlights:
📌 Support Zone: Key demand area providing stability for a bullish continuation.
📈 Trend Channel: Prices moving within an ascending channel, signaling a steady uptrend.
🚀 Next Target: If momentum sustains, we could see a move toward the $2,720 level.
Stay cautious of any retracements, but the technical suggest the bulls are in control for now. Keep an eye on these levels for your next move!
