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XAUUSD POSSIBLE TRADE SETUPPotential Trade Setup on XAUUSD The price broke out of a strong intraday resistance zone and a long-used Trendline but we have yet to retest the broken structure. The price is developing, and I am waiting for a retest of the previously broken resistance and used as support before I look for a LONG trade. You may find more details in the chart! Thank you and Trade Responsibly! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
FOREXCOM:XAUUSDLong
by Adefxc
Gold may continue to fallGold may continue to fall The gold price is fluctuating in a wide range in the near term, forming a clear descending wedge (blue downtrend line) and an ascending channel (red trend line). The current gold price is fluctuating around the 2668 level, indicating some short-term corrective pressure. Currently, we can clearly see gold's correction trajectory from the previous high to the low. The price is currently oscillating between the 0.618 ($2670) and 0.5 ($2654) levels, indicating that this area is a key point of contention for both bulls and bears. If price continues to fail to overcome the 0.618 level, it could trigger a larger decline, with 0.382 ($2,637) or even 0.236 ($2,617) support being the target. The hourly ascending channel shows that gold as a whole still maintains a moderate upward trend, but the price has been showing significant signs of correction recently, having encountered resistance at the upper boundary of the upper channel. Price has failed to test this resistance area several times and then went down, indicating that this level is an important area of resistance. The key support level below could be the lower boundary of the red channel and the price corresponding to the Fibonacci level of 0.236. 🚀 Trade with the professionals of THS - Wave Theory! 🔹 All trades are based on wave analysis. 🔹 Fixed stop loss and take profit for risk management. 🔹 100% automation: copy trades through CopyFX service. 🔹 Reliability and transparency: the results are confirmed by the market. 📈 Don't miss the chance to earn steadily! 👉 Connect to CopyFX with THS and start copying profitable trades right now! 💡 Details on our channel and in the app!
OANDA:XAUUSDShort
by Trade_Hive_Signals
Technical Analysis - Gold Spot (XAU/USD)Current Context The chart shows the formation of a symmetrical triangle, indicating a period of indecision in the market. This pattern is defined by: A downtrend line connecting points B and D (resistance). An upward support line connecting points A and C. Currently, the price is hovering near the resistance line (~$2681.51), close to point D. Possible Scenarios Bullish Breakout: If the price breaks above the resistance around point D (~$2688) with significant volume, this could lead to a bullish rally towards key levels: First target: $2721 (intermediate resistance zone). Second target: $2790 (measured move based on the triangle's height). Bearish Breakdown: If the price fails to break the resistance and reverses lower, it may test the support line near point E. Key levels to watch: First support zone: $2635 - $2617 (highlighted gray area). Major support: $2532, a critical long-term level. Impact of NFP Today's Non-Farm Payrolls (NFP) report will likely introduce significant volatility to the market. Two key scenarios to consider: Better-than-expected data: Strengthening of the US Dollar, which could push gold prices lower. Weaker-than-expected data: Weakening of the US Dollar, potentially driving gold to break the resistance and move higher. NFP Economic Calendar Impact - Analysis for Gold Spot (XAU/USD) The economic calendar highlights key data releases that will impact the USD, and subsequently, gold prices. Below is an analysis of the listed events: Key Events at 2:30 PM (UTC+1): Average Hourly Earnings (m/m): Forecast: 0.3% Previous: 0.4% Impact: A lower-than-expected reading would suggest weaker wage inflation, which could weigh on the USD and push gold prices higher. Conversely, a higher reading would support the USD, pressuring gold. Non-Farm Employment Change (NFP): Forecast: 164K Previous: 227K Impact: This is the most significant release. A lower-than-expected number could signal a weakening labor market, leading to USD depreciation and gold rallying. A strong figure would have the opposite effect. Unemployment Rate: Forecast: 4.2% Previous: 4.2% Impact: A stable unemployment rate aligns with expectations. However, any surprise movement will amplify the NFP’s impact on the market. Later Events at 4:00 PM: Preliminary University of Michigan (UoM) Consumer Sentiment: Forecast: 74.0 (unchanged from the previous reading). Impact: Limited unless there is a significant deviation. This sentiment gauge indirectly impacts gold via its influence on the USD. Preliminary UoM Inflation Expectations: Previous: 2.8% Impact: Inflationary pressures can support gold prices as a hedge. A higher number here might limit gold's downside. Trading Strategy Suggestions: Before 2:30 PM: Avoid taking significant positions as market volatility will likely increase around these releases. Post-NFP Release: If NFP and Average Hourly Earnings miss forecasts, gold may break above the $2688 resistance, targeting $2721 and $2790. If data is stronger than expected, watch for bearish momentum towards $2635 and $2617. disclaimer This is not financial advice
FX:XAUUSDLong
by Trwin
1.15 Technical analysis of short-term gold operationsGold's 1-hour moving average has also begun to turn downward. If the gold's 1-hour moving average eventually forms a dead cross downward, then the space for gold's short position to fall will be further opened. Gold's US PPI data is bullish, but it is still under pressure and will fall directly to 2675. Gold's US rebound to 2675 will continue to be short. Gold is now under pressure at a high level, and the bulls still have no further momentum to rise. So the rebound will continue to be short, and gold shorts may exert force at any time. Short-term operation ideas: Gold 2672 short, stop loss 2682, target 2655-2650;
TVC:GOLDShort
by AIan_Gold
1.14 Gold price oversold correctionIn today's technical trend chart: 1: In 4 hours, the stochastic indicator crosses downward, which is a bearish signal; the MACD indicator double lines stick together and are temporarily in a passive state; in terms of form, it is temporarily running in the 4-hour range; the 4-hour range is temporarily 2465-2695; in the range, the method of buying low and selling high can be adopted as the main method; 2: In the daily K, the stochastic indicator changes from golden cross to stick together, temporarily inactive, and temporarily remains in the BOLL range in terms of form. Yesterday's big negative line may continue to adjust; the position of the middle axis is also the position of the strong and weak dividing point, which is near 2645; To sum up: today's short-term can be stuck in the resonance support near 2645, and the short-term is long; the upper pressure position is near 2680, and the short-term is stuck empty, and a small range of shocks is made to correct the trend;
TVC:GOLDShort
by AIan_Gold
1
Gold fell back after an unsuccessful breakout Recently, the price of gold has been fluctuating upward, successfully breaking through the previous channel structure and once reaching the $2,700 level. However, after the high, the market momentum has weakened significantly, and the upward trend failed to continue during today's Asian and European sessions. After the opening of the US market, the price of gold quickly turned downward, breaking through the key support of $2,680, and returned to the previous channel. From a technical point of view, the short-term high point of the gold price has gradually moved down, and the market has shown a clear weak trend. The price has formed a rhythm of "fast decline and slow rise" in the fluctuation, and the short-selling force is dominant. At present, the $2,664-2,660 area below has become an important short-term support level. If this position is effectively broken, the price is expected to further test the key support level of $2,650. On the upside, pay attention to the $2,680-2,675 area. If the pressure level at the top of this channel can be broken, the gold price may usher in another opportunity for a rebound. The strength of the price trend shows that the long and short forces are alternately strengthened, but the short trend is slightly dominant; the RSI indicator hovers below the neutral area, indicating that market sentiment tends to be conservative. From the daily level, gold failed to break through and turned to a correction, and the overall trend is bearish. In general, gold is still in the stage of falling after multiple failed upward explorations. In terms of operation strategy, it is recommended to focus on rebound shorting, and pay attention to the reaction of the key pressure area of ​​2675-2680 US dollars above. If it falls below 2660 US dollars, short orders can be considered to follow up gradually, looking at 2650 US dollars or even lower levels. It is necessary to pay close attention to market news, especially the potential impact of the Fed's policy trends and changes in the US dollar index on gold.
FOREXCOM:XAUUSDShort
by RonPeter_Trading
1.13 Gold Technical Analysis and InterpretationThe gold market has seen significant fluctuations recently. Against the backdrop of a sharp rise in U.S. Treasury yields and the U.S. dollar index, gold prices fell before the U.S. market opened on Monday (January 13). Spot gold fell from its December high, with gold prices blocked at the key Fibonacci retracement level of $2,693.40; as last week's gains encountered selling pressure, the market is paying attention to the key support level of $2,660 below, which could jeopardize gold's medium-term upward trend once it falls below the support. Technical analysis: 1. Key resistance and support levels Gold prices failed to break through the Fibonacci retracement resistance level of $2,693.40 after hitting it last week, showing the strong suppression of the position on the market. Currently, the next key support level for gold prices is at $2,660. If the price falls below the support, it may mark the end of the medium-term upward trend. Although the downward trend of gold has already emerged, if the above support level can be maintained, there is still hope for a rebound in the short term. 2. Analysis of short-term technical indicators In terms of technical indicators, gold is currently in the stage of retreating from the overbought area, showing signs of weakening upward momentum, indicating that short-selling forces are gradually taking the lead. However, although the RSI indicator has fallen from a high level, it has not yet fallen to the oversold area. This indicates that gold prices may still fluctuate around the current price before hitting key support. 3. Possible technical trends in the future If the gold price can hold the support area of ​​$2,660 and form a bottom pattern here, it is expected to challenge the resistance level of $2,693.40 again. Once this resistance is broken, the gold price may rise further and retest the psychological level of $2,700. However, if the support level is lost, the gold price may further fall to the next level of support near $2,640. At that time, the market will face further selling pressure. Summary The decline in gold prices was mainly affected by the strong US economic data that pushed up the US dollar and US bond yields. Under the uncertainty of the Fed's policy, gold faces downward pressure in the short term. However, safe-haven demand and the performance of key economic data may provide support or a turnaround for gold prices.
TVC:GOLD
by AIan_Gold
Trend analysis and buy signalsThe negative non-agricultural data on Friday did not cause a fall, but the bulls started a surge mode. In the intraday, it not only hit the previous high pressure of 2693, but also returned to the vicinity of the 2700 mark. Although it failed to break through the 2700 mark in the end, the technical form also highlighted the fact that the decline has stopped and is favorable to the bulls. First of all, looking at the weekly line, the weekly line has closed positively for consecutive weeks, and this week closed a long lower shadow line. The bulls do have an advantage. In addition, the short-term moving average keeps moving upward and other periodic indicators, as well as the Bollinger Bands, are also intended to move upward, so the overall weekly line can be expected to be strong. The bulls can launch a strong counterattack at any time. Gold non-agricultural data is bearish, and gold has bottomed out and rebounded. Gold rose again under the stimulation of risk aversion in the US market on Friday. The short-term pressure is under the resistance of the 2700 mark, and the short-term pressure is adjusted. However, the bullish trend of gold is still there. Continue to buy when it falls back this week! Just don't chase the rise in the short term under pressure at 2700. If gold breaks through 2700 further under the stimulus of risk aversion, then gold will fall back and continue to follow up and go long. If it cannot break through, then gold will wait patiently for low points to buy. Gold stopped at 2663 after the negative non-agricultural data on Friday. Gold bought on dips above 2663 this week. The gold moving average support now moves up to 2672. Wait for 2672 to enter the market first. First support: 2685, second support: 2672, third support: 2666 First resistance: 2700, second resistance: 2715, third resistance: 2726 Operation ideas: BUY: 2672-2675 SELL: 2708-2710
OANDA:XAUUSDLong
by Jun-GoldAnalyst
This chart of XAU/USD (Gold) on the 1-hour time frame shows the This chart of XAU/USD (Gold) on the 1-hour time frame shows the price moving within an ascending channel. Here’s a quick analysis based on the chart: 1. **Trend:** The market is in a bullish trend, confirmed by the series of higher highs and higher lows within the channel. 2. **Possible Buy Zone:** The price is approaching the lower boundary of the ascending channel, which could act as a dynamic support level. This is highlighted as a potential buy zone, aligning with the bullish structure. 3. **Target Zone:** If the price respects the support and moves higher, the target would likely be near the upper boundary of the channel, around the 2,700.000 level. 4. **Break of Structure (BoS):** The highlighted BoS areas indicate that buyers are stepping in at key levels, supporting the upward trend. 5. **Volume:** There seems to be increasing volume as the price reaches the support zone, which may indicate growing interest in the area. **Key Points:** - Look for bullish confirmation near the lower boundary of the channel before entering a buy position. - Set a stop-loss slightly below the channel to manage risk. - First target: Mid-channel or 2,690.000 zone; extended target: Near 2,700.000.
OANDA:XAUUSDLong
by TRADE_CENTER_1
Trend analysis and signalsThe trend of gold yesterday was no different from that of the previous few days. The only difference is that it is constantly breaking through the highs above. From the current point of view, the rise of gold has not ended. There is no news data on Thursday. The main focus can be on today's NFP. The overnight retracement low of gold near NFP is 2650, which is a strong support. It is still bullish if it holds! Gold has remained strong since closing at the 2670 mark. The daily line maintains a bullish structure intact! The MA10/7-day moving average opened up to 43/56, and the New York closing price stood above the 60-day moving average. The hourly and four-hour charts Bollinger bands opened upward and the price was running in the middle and upper track. Gold has repeatedly risen and fallen. At present, the trend of the market has been maintaining a steady upward trend. The lows are constantly rising, and the highs are constantly breaking upward. It is expected that today's Asian session will continue to maintain this upward pattern, and the future operation will continue to be mainly low-long! Today is Friday and NFP day. I believe everyone is familiar with the recent NFP market trends. Most of them are just widening the amplitude of fluctuations. The 1-hour moving average continues to diverge upward. Gold bulls still have room to move upward. Gold fell back yesterday and got the first-line support of 2660 without breaking. Then gold will continue to buy on dips at 2660 in the Asian session. The bullish trend will continue. Go with the trend. First support: 2663, second support: 2650, third support: 2668 First resistance: 2680, second resistance: 2691, third resistance: 2700 Operation ideas: BUY: 2659-2661 SELL: 2688-2690
OANDA:XAUUSDLong
by Jun-GoldAnalyst
XAUUSD: Bullish Momentum Heading for Key ResistanceXAUUSD is trending within an ascending channel and is currently respecting its structure. Price action is approaching the upper boundary of the channel, which aligns with the marked resistance zone near 2705.302. This area may act as a supply zone, triggering retracements or reversals. A short-term pullback toward the mid-channel or the highlighted demand zone near 2684.00 could occur before a continuation toward the 2705.302 target. Traders should look for bullish continuation patterns, such as a breakout above resistance or higher lows on the pullback, to confirm further upside potential. Conversely, a break below the demand zone might indicate bearish momentum.
OANDA:XAUUSDLong
by TrendDiva
Gold Big Move Tomorrow NFP? (BULLISH ACTIVATED) 300 PIPSHey everyone this is your boy Hunbal! I am looking for a NFP huge buy trade ready for Newyork session XAUUSD is ready for a bull run I have 2 confirmations one the rejection from the support level and second choc in 2 hour time frame so we are hoping a good buy from here (2665) our take profit will be 300 pips 2695 and our stop loss will be 100 pips 2655 I wish we all together print some good money in tomorrow NFP news. Good Luck :)
TVC:GOLDLong
by hunbaltradelab
6
Levrage During this Metals Bull - finding the next Newmount?Relatively safe ways to gain exposure to leveraged plays in the form of mining companies. Many established miners are way too unbelievably low with current metals prices. Here we look at the technical perspective on why I am bullish on these cyclical mining stocks and why they could yield outstanding returns - which is to say now may be the time to scale in before they catch up to precious metals prices. FSM ASM SBSW
NYSE:SBSWLong
by Commodity_TA_Plus
XAUUSD-1H NEXT WEEK IDEAI'm closely watching XAU/USD on the 1-hour chart. My plan is to wait for a potential retracement back to the $2665 level, possibly even as low as $2655 , which I've marked as my buy zone. If price reacts positively in this area, I'll be looking for a long position aiming for the $2700 target. The buy zone aligns with key Fibonacci retracement levels (50% and 61.8%), offering a strong confluence for a bullish setup. If price fails to hold the $2655 support , I'll reconsider my entry approach. For now, my focus is on this retracement before catching the next bullish leg. Key levels: - **Buy Zone:** $2665 to $2655 - **Stop Loss:** Below $2649.517 - **Take Profit:** $2700 This setup matches my strategy of entering high-probability trades with strong confluence and a favorable risk-to-reward ratio. Waiting for price action confirmation before entry.
OANDA:XAUUSDLong
by TheGreatHan
1