Get started

Goldprediction

XAUUSD - Todays PlanWe are back after the festive period! Here is our view and update on XAUUSD . Potential opportunities and what to look out for after the Holiday season and start of the New Year. Let’s take a step back and take a look at XAUUSD from a bigger perspective. For this we are attaching the long-term overview on the pair. We are still following the sell bias we have published on November 27th. XAUUSD is currently trading at around 2635 . Scenario 1: SELLS from 2636 or 2630 That would confirm our pullback to the upside and breaking below 2630 would give us an opportunity to drop back down to 2611 or 2604 which is still one of our major Key Levels. Next we would be targeting a very important KL (Key Level) 2590. Scenario 2: BUYS from 2645 We broke above 2636 and are trading above it. We should see more upside towards 2645 potentially reaching and breaking 2660. If 2660 is broken, it would invalidate our long-term analysis on XAUUSD. Personal opinion: We are still extremely bearish on XAUUSD. Safe sells would be placed at breaks of 2630 and we could potentially reach our target today (2611 - 2604). On the other hand if we start breaking above 2636 and breaking 2645, we would be looking to finally change our long-term bias and look for further buys reaching 2714 again. KEY NOTES - XAUUSD breaking below 2630 would confirm sells down to 2611 - 2604. - XAUUSD breaking above 2645 would confirm further buys up to 2660. - DXY is still holding strength and shows no signs of stopping. Thank you everyone for your amazing support lately. We will continue to provide value to you. Happy trading! FxPocket
FOREXCOM:XAUUSDShort
by FxPocket
Comprehensive Gold Analysis for the Week of January 6, 2025Comprehensive Gold Analysis for the Week of January 6, 2025 Gold enters 2025 with a complex yet promising outlook, driven by a combination of macroeconomic, technical, and geopolitical factors shaping a favorable environment for investors. Below is an in-depth analysis of the current market conditions and potential scenarios for gold this week. Current Market Context Gold concluded the first trading week of January near $2,657 per ounce , consolidating its upward momentum from late 2024. This movement has been underpinned by: - Sustained central bank demand , particularly in emerging markets. - Geopolitical uncertainty , including tensions in the Middle East and Europe. - Expectations for looser monetary policies from major central banks, including the Federal Reserve (Fed). In 2024, gold achieved an exceptional annual gain of +27% , its best performance since 2010, driven by its role as a hedge against inflation and economic uncertainty. The metal reached an all-time high of $2,790 , setting the stage for continued volatility and opportunity in 2025. Key Fundamental Drivers 1. Global Monetary Policies - The Fed adopted a cautious stance in December, signaling a slower pace of rate cuts in 2025. According to the CME FedWatch Tool, there is only an 11.2% probability of a rate cut in January, suggesting short-term stability in interest rates. - In contrast, Europe and China are expected to pursue more accommodative monetary policies. China has already announced fiscal and monetary stimulus measures to counter its economic slowdown. 2. Geopolitical Risks - Ongoing conflicts in Ukraine and heightened tensions in the Middle East remain significant drivers of safe-haven demand. - Additionally, uncertainty surrounding U.S. economic policies under President Donald Trump is adding to market volatility. While some policies may bolster the dollar, others—such as trade tariffs—could increase demand for gold as a hedge. 3. Central Bank and Physical Demand - Central banks have been aggressively accumulating gold reserves since 2022, with purchases expected to exceed the historical average of 500 tons annually in 2025. - In China, a weakening yuan and a sluggish real estate market could further boost physical gold demand. Technical Analysis Gold is currently trading within a critical range that could determine its short-term trajectory: - Key Resistance Levels: - $2,666 (psychological barrier). - $2,700 (significant technical resistance). - All-time highs near $2,790 . - Key Support Levels : - $2,635 , aligned with the 50-day exponential moving average (EMA). - Lower levels around $2,600 and $2,532 , which could act as correction zones. The Relative Strength Index (RSI) hovers near neutral territory (50), indicating potential for upward movement if immediate resistance is breached. However, the range between $2,607 and $2,736 will be pivotal in defining this week’s trend. Projections for This Week Bullish Scenario A decisive breakout above $2,666 could pave the way for further gains toward psychological levels at $2,700 and potentially beyond. Catalysts for this scenario include: - Weak U.S. economic data—such as Friday’s Non-Farm Payrolls (NFP) report—supporting expectations for monetary easing. - Escalation of geopolitical tensions or clear indications of additional Chinese stimulus. Bearish or Corrective Scenario Conversely, unexpected strength in the U.S. dollar or robust economic data could exert downward pressure on gold prices. In this case: - A pullback toward support levels at $2,635 or even $2,600 would be likely before resuming the broader uptrend. Strategic Insights Gold maintains a favorable outlook for this week due to strong fundamental and technical support. However, traders should closely monitor three key factors: 1. The release of U.S. labor market data (NFP) on Friday. 2. Movements in the U.S. dollar index (DXY) and Treasury yields. 3. Emerging geopolitical developments that could shift risk sentiment. The current consolidation near critical technical levels offers opportunities for both bullish and corrective strategies. Active risk management will be essential given the anticipated volatility.
FOREXCOM:XAUUSD
by sdfsdfdfsdfsdfsdfd
XAU/USD Longs from 2,630 or 2,610 back upThis week, my GOLD analysis focuses on the continuation of the bullish trend. Last week, GOLD showed significant bullish momentum, and we can expect the price to retrace into an unmitigated demand zone before resuming its upward direction. I’ll be watching for the price to tap into either the 7-hour or 4-hour demand zone below. Once it does, I’ll closely monitor lower time frames for confirmation. If the setup aligns, I’ll look to take buy trades with the trend, aiming to clear liquidity resting above. Confluences for GOLD Buys: - Recent and overall bullish momentum. - Unmitigated demand zones near the current price. - A confirmed break of structure to the upside. - Significant liquidity above, including Asia highs and imbalances. Note: As the price approaches a key supply zone, we might see some bearish pressure. This could present an opportunity for a potential counter-trend trade.
OANDA:XAUUSDLong
by Hassan_fx
Potentially large move on gold inbound.Gold daily is showing price rejection right in the range of $2,666.90 which is an area of confluence of resistance, Icimoku cloud, and a triangle that price has formed. Looking left I can see that the current price is a high traffic zone with many daily candles opening and closing as well as a lot of indecision. Essentially, I can see price churning to the right until Friday, January 10th for NFP. Because the price is in such a zone that it is in right now, bullish or bearish news, I predict price will push to and passed the zones in green and will most likely move to the support and resistance that I has indicated with the arrows.
FOREXCOM:XAUUSD
by windycitytraderphoenix
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between two weighted levels with a gap above at 2661 and a gap below at 2633. We will need to see ema5 cross and lock on either weighted level to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2661 EMA5 CROSS AND LOCK ABOVE 2661 WILL OPEN THE FOLLOWING BULLISH TARGET 2681 EMA5 CROSS AND LOCK ABOVE 2681 WILL OPEN THE FOLLOWING BULLISH TARGET 2711 BEARISH TARGETS 2633 EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE FOLLOWING BEARISH TARGET 2611 EMA5 CROSS AND LOCK BELOW 2611 WILL OPEN THE FOLLOWING BEARISH TARGET 2593 EMA5 CROSS AND LOCK BELOW 2593 WILL OPEN THE SWING RANGE SWING RANGE 2570 - 2551 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
9
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing ema5 and price play between two weighted levels with a gap above at 2655 and a gap below at 2629. We need ema5 to cross and lock above or below the weighted Goldturns to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2655 EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET 2694 EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET 2726 EMA5 CROSS AND LOCK ABOVE 2726 WILL OPEN THE FOLLOWING BULLISH TARGET 2753 BEARISH TARGETS 2629 EMA5 CROSS AND LOCK BELOW 2629 WILL OPEN THE FOLLOWING BEARISH TARGET 2600 EMA5 CROSS AND LOCK BELOW 2600 WILL OPEN THE SWING RANGE SWING RANGE 2561 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
5
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone, Please see the daily chart update we have been trading and tracking for a while now, to give you all an overall view of the range. As stated last week the retracement range is still providing support and we also stated that we had a candle body close above 2629 opening 2686 gap and will also need ema5 lock to further confirm this. - This gave a nice push up last week with over 200 pips. We now also have the ema5 confirmation for the long range gap above at 2686. As long as the retracement range holds and provides support we will continue to buy dips knowing we have the gap above open. We will use our smaller timeframe analysis on the 1H and 4H chart to buy dips from the weighted Goldturns for 30 to 40 pips clean. Ranging markets are perfectly suited for this type of trading, instead of trying to hold longer positions and getting chopped up in the swings up and down in the range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up using our smaller timeframe ideas. Our long term bias is Bullish and therefore we look forward to drops like this, which allows us to continue to use our smaller timeframes to buy dips using our levels and setups. Buying dips allows us to safely manage any swings rather then chasing the bull from the top. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
7
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, Another update on the weekly chart idea we have been tracking for over a month now and still playing out as analysed. As stated already this chart allowed us to project the long term corrections and direction. We are using this chart to track our bullish targets until no ema5 lock to confirm rejections on the levels. The channel top is continuing to provide support like we stated for the past few weeks, We had a test within the channel into 2590 axis inline with the retracement range, which gave the perfect reactional support bounce. This is the beauty of our Gold channels, which we draw in our unique way, using averages rather than the price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn. As long as we see no ema5 break and lock below into the channel, we cane safely continue with our plans to buy dips in this range using the the levels just like the last few weeks reactional bounce above the retracement axis level. Ema5 is still playing above the channel top and has not broken into the channel providing support above the channel. We will continue to track the movement down and trade the bounces up, inline with our plans to buy dips, using our smaller time-frames, keeping in mind the long range gaps above for the future. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
4
I recommend placing a buy tradeAnalysis Technical Indicators: 50-Day Simple Moving Average (SMA): The price is currently trading above the 50-day SMA. This could indicate a bullish trend or potential for further price decline. Support and Resistance Levels: i have marked several support and resistance levels in yellow. These levels often act as areas where price tends to stall or reverse direction. Recent Trend: The price has been in a uptrend recently, as evidenced by the higher highs and higher lows on the chart. Current Price: The price is currently near a support level. Prediction: I think there's a possibility that the price could bounce off the current support level (2633.80) and move upwards in the short term. However, the uptrend and the position above the 50-day SMA suggest that any upward movement might be continue. Next Week's Outlook: Bullish: If the price breaks above the immediate resistance level 2664.11 (the yellow line above the current price and sustains that move, it could signal a potentialof the uptrend. In this scenario, I think the price could move higher towards the next resistance level. In situations like this, I recommend placing a buy trade. While the trade is running, i usually use a high frequency trading strategy like the Lock30x scalping method to increase profits. The market is usually very volatile around the 50-day moving average before moving up. By taking advantage of this volatility, i can make much higher profits with lock30x scalping compared to just holding a long-term buy trade. keep the stop lose 2621.67
CAPITALCOM:GOLDLong
by Amelia9846541
2
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone, Great finish to the week with all our chart ideas playing out, as analysed. The retracement range provided support on this 1h chart idea for the bounce clearing 2617 and 2639, which then followed with cross and lock opening 2666, which was tested today completing this range. No cross and lock above 2666 confirmed the rejection we are seeing now. BULLISH TARGET 2639 - DONE EMA5 CROSS AND LOCK ABOVE 2639 WILL OPEN THE FOLLOWING BULLISH TARGET 2666 - DONE BEARISH TARGETS 2617 - DONE We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead. Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
9
Levont - XAU/USD: Testing Key ResistanceXAU/USD Analysis (Gold Spot/USD) 📊 Timeframes Analyzed: - 1H Chart: The price is currently trading at $2,657 , consolidating near the key resistance zone between $2,659 and $2,660 . This area aligns with the 61.8% Fibonacci retracement level , which has historically acted as a strong supply zone. Price action shows multiple attempts to break above this level, but bearish pressure has kept it contained so far. A potential rejection here could lead to a pullback toward the $2,654-$2,650 support range , while a breakout above $2,660 could trigger a bullish continuation toward $2,666 . - 5m Chart: Zooming in, the price is moving within a rising channel , showing short-term bullish momentum. However, the channel's upper boundary aligns with the higher timeframe resistance zone ( $2,659-$2,660 ), suggesting that the bullish move may face exhaustion soon. A rejection from this level could result in a breakdown of the channel and a retest of lower supports around $2,652-$2,650 . 🔑 Key Levels: - Resistance Zone: $2,659 - $2,660 - Support Levels: $2,654 and $2,650 📈 Outlook: The current price action suggests that gold is at a critical juncture: - Bullish Scenario: - A breakout above the resistance zone at $2,660 (confirmed by strong candle closures and volume spikes) could lead to a continuation toward higher targets like $2,666 or $2,670 . - This scenario would align with the broader bullish sentiment seen in recent sessions. - Bearish Scenario: - If the price fails to break above $2,660 and shows signs of rejection (e.g., long upper wicks or bearish engulfing patterns), we could see a pullback toward immediate support levels at $2,654 or $2,650 . - A breakdown below $2,650 could open the door for further downside toward $2,644 . 💡 Note: Watch for confirmation signals such as volume spikes or clear candlestick patterns before entering trades. 🌍 Fundamental Analysis: Positive Factors Supporting Gold: - Global Economic Uncertainty: Concerns about slowing global growth and geopolitical tensions (e.g., ongoing instability in Eastern Europe) are driving demand for safe-haven assets like gold. - Weaker U.S. Dollar: The U.S. Dollar Index (DXY) has shown signs of weakness recently due to expectations that the Federal Reserve may pause rate hikes in early 2025. A weaker dollar typically supports gold prices as it becomes cheaper for holders of other currencies. - Seasonal Demand: January often sees increased demand for gold due to seasonal factors such as jewelry purchases in Asian markets and portfolio rebalancing by institutional investors. Risks/Negative Factors for Gold: - Hawkish Federal Reserve Policy: Despite speculation about a pause in rate hikes, any unexpected hawkish commentary from the Fed in its upcoming January meeting could strengthen the dollar and pressure gold prices downward. - Profit-Taking Near Resistance: With gold nearing key resistance levels ( $2,660 ), short-term traders may take profits, leading to temporary pullbacks. - Equity Market Recovery: If global equity markets continue their recovery into early 2025, it could reduce demand for safe-haven assets like gold.
FOREXCOM:XAUUSDShort
by sdfsdfdfsdfsdfsdfd
1.3 Technical analysis of short-term gold operationsIn the early European session on Friday (January 3), the US dollar index maintained a mild decline during the day and is currently around 109.10; spot gold is around $2,655/oz. After confirming a breakthrough of $2,640.00/oz, the gold price continued to rise. As shown in the figure, the gold price completed the construction of a double bottom pattern, which provided upward momentum for the gold price. The gold price is expected to test $2,700.00/oz, which is also our next target for the gold price. Therefore, we expect the gold price to rise further in the next few trading days. It should be pointed out that if the gold price falls below $2,640.00/oz, this will stop the bullish trend and push the gold price to bearish. It is expected that the gold price will trade between the support level of $2,650.00/oz and the resistance level of $2,685.00/oz today. The expected trend for the gold price today is bullish
TVC:GOLDLong
by AIan_Gold
XAUUSD Buy analysis Gold prices (XAU/USD) edges higher in Friday's European session ahead of the United States (US) ISM Manufacturing Purchasing Managers' Index (PMI) data for December, which will be published at 15:00 GMT. The Manufacturing PMI is seen steady at 48.4, suggesting that activities contracted at a steady pace.The precious metal has a stellar performance in 2024 with gains exceeding 27%, the metal’s best annual return since 2010. This sustained rally is attributed to strong safe-haven demand amid persistent geopolitical tensions in the Middle East and the prolonged Russia-Ukraine conflict.According to three sources cited by Axios, US President Joe Biden reportedly discussed contingency plans to strike Iran’s nuclear facilities if Tehran made significant progress toward developing a nuclear bomb before Donald Trump’s inauguration on January 20. These discussions highlight heightened concerns over Iran’s nuclear ambitions during the transitional period between administrations.Gold price trades near $2,660.00 per troy ounce on Friday, with the daily chart signaling an emergence of a bullish bias. The metal price has climbed above the nine- and 14-day Exponential Moving Averages (EMAs), indicating a strengthening bullish momentum in the short term. Moreover, the 14-day Relative Strength Index (RSI) has risen above the 50 level, further supporting the development of a bullish bias GOLD Buy NOW  #XAUUSD GOLD BUY  2655 _ 2660 TP¹ :   2665 TP² :   2670 TP³ :   2675 TP4: 2680 STOP  : 2645🛑 100% CONFIRM SIGNAL Use Proper Money Management. Consistency is
OANDA:XAUUSDShort
by KingForex078
XAUUSD - what will happen before the Holiday season?Here is our view and update on XAUUSD . Potential opportunities and what to look out for before the Holiday season starts. Let’s take a step back and take a look at XAUUSD from a bigger perspective. For this we are attaching the long-term overview on the pair. We are still following the sell bias we have published. XAUUSD is currently trading at around 2625 with lower volume than usual. Scenario 1: SELLS from 2620 That would confirm our pullback to the upside and breaking below 2620 would give us an opportunity to drop back down to 2604 or 2600 flat. Next we would be targeting a very important KL (Key Level) 2590. Scenario 2: BUYS from 2638 We broke above 2638 and are trading above it. We should see more upside potentially reaching new highs at around 2666 which was also an important KL (Key Level) before. Personal opinion: The direction for now is unclear until we break our mentioned key levels. A safe sell trade could be taken at 2620 or a safe buy at the breaks of 2638. Be patient and stay tuned for updates on this pair. For now we are sticking to the sell bias from the long-term overview. KEY NOTES - XAUUSD breaking below 2620 would confirm sells down to 2604 - 2600. - XAUUSD breaking above 2638 would confirm further buys up to 2666. - Volume is lower as the business year is coming to an end and Holiday season is about to start. Thank you everyone for your amazing support lately. We will continue to provide value to you. Happy Holidays! Happy trading! FxPocket
OANDA:XAUUSD
by FxPocket
1
GOLD BUY | Idea Trading AnalysisGOLD is moving in an UP trend channel and is creating symmetrical triangle and is moving in a descending AND is moving in an Ascending channel. We expect a decline in the channel after testing the current level. The chart broke through the dynamic Resistance area, which now acts as support. We expect a decline in the channel after testing the current level which suggests that the price will continue to rise Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GOLD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
TVC:GOLDLong
by TheGrove
3
GOLD ROUTE MAP UPDATEHey Everyone, Another great day the charts with our chart idea playing out in usual fashion. After completing our bearish target on our last update, we stated that price was heading towards 2629 to complete the Bullish target that was left short by a few pips previously. - 2629 bullish target was hit perfectly followed with ema5 cross and lock opening 2655. This target is now also complete, which gave plenty of time from confirmation to getting hit . We will now wait for a cross and lock above 2655 for further continuation or failure to lock above will see price reject and find support at the lower Goldlturns for a reaction. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2629 - DONE EMA5 CROSS AND LOCK ABOVE 2629 WILL OPEN THE FOLLOWING BULLISH TARGET 2655 - DONE EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET 2694 EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET 2726 BEARISH TARGETS 2600 - DONE EMA5 CROSS AND LOCK BELOW 2600 WILL OPEN THE FOLLOWING BEARISH TARGET 2561 EMA5 CROSS AND LOCK BELOW 2561 WILL OPEN THE SWING RANGE SWING RANGE 2519 - 2486 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Its NYE today and the markets closed tomorrow. Looking forward to another smashing year. Wishing you all a blessed year ahead!! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
12