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Jan20, 2025 Gold trade ideaJanuary 20, 2025 The market may experience continued selling pressure from last Friday’s momentum. Traders should remain cautious and adapt strategies based on key support levels. Key Levels for Today Support Levels: 2688–2690 USD/oz 2678–2676 USD/oz Resistance Levels: 2711-2708 USD/oz 2725-2726 USD/oz Trading Strategy 1. If price holds above 2688–2690 (Buy Opportunity): Enter Buy positions if the price rebounds from 2688–2690 USD/oz. Target resistance at 2705–2708 USD/oz. Place a Stop Loss below 2685 USD/oz. 2. If price breaks below 2701-2703 (Follow Sell): Enter Sell positions when the price falls below 2701 USD/oz. Target profit at 2678–2676 USD/oz. Place a Stop Loss above 2710 USD/oz. Risk Management: Always set a proper Stop Loss and avoid over-leveraging. Market Sentiment: Monitor USD Index and other factors that could influence gold prices. Stay disciplined, and trade safely. Good luck! 🚀 www.tradingview.com
FXOPEN:XAUUSD
by Tammy-trader
1
Gold Trade Setup Analysis Gold has reached a significant resistance zone near $2,702, as shown in the chart. This level has previously acted as a strong barrier, and we can expect a potential short-term pullback from here. If the price follows this bearish move, it may target the support zone around $2,659–$2,640 before finding renewed bullish momentum. Once the pullback is completed, gold is likely to aim for the broader upside target of $2,800, aligning with the overall bullish trend.
TVC:GOLDLong
by Charts_M7M
Gold Price Facing Resistance After Channel Breakhello guys! Broken Channel: The price recently broke out of a rising channel, signaling a potential shift in trend. Following the breakout, it retested the broken channel boundary, indicating that this level now acts as resistance. Double Top Formation: A double-top pattern can be observed near the upper resistance zone around $2,710–$2,730, suggesting that the price struggled to maintain upward momentum. This is a bearish signal, implying a potential reversal in the near term. Middle Line of the Larger Channel: The price touched the middle line of the larger upward channel before retracing, highlighting the importance of this level as a key resistance zone. Potential Path: if the price fails to break above the resistance zone ($2,710–$2,730), it could decline sharply toward the next support levels around $2,580 and $2,540.
OANDA:XAUUSDShort
by melikatrader94
11
XAU/USD Longs from 2,696.000 back upMy analysis for GOLD this week focuses on the continuation of the strong bullish trend. GOLD has shown impulsive movement and reacted perfectly to the demand zone I marked out last week. This reaction led to a break of structure to the upside, further confirming the bullish direction. Now, with new demand zones formed, I’ll be waiting for the price to retrace back to either the 1-hour or 3-hour demand zone before the next bullish rally. From there, I plan to buy up to the Asian high, which is positioned just above the nearest supply zone. Confluences for GOLD Buys: - Price reacted strongly off last week’s demand zone and remains bullish. - Both the short-term and long-term trends are bullish. - Price has broken structure to the upside again, confirming direction. - An Asian high above needs to be taken, providing a clear target. Note: If the price moves up first, I may consider a quick sell from the 1-hour supply zone. However, I’ll wait for additional confirmations before taking any counter-trend trades.
OANDA:XAUUSDLong
by Hassan_fx
1
XAUUSD M30 EVENING STAR TECHANICAL ANALYSIS (READ CAPTION)hello trader's. what do you think about gold. current price: 2710 So Some Support and Resistance i Find in The Daily Chart Let's Find out on M30 Time Frame First of all there is a Evening Star Candle in Gold Chart that's Means Gold can be Retest the Support's so we have support for today is 2705 then 2696 and The first Resistance is 2720 and then demand zone 2728 resistance zone: 2720.2728 support zone: 2706.2696 please like comment and follow
TVC:GOLDLong
by THE_WINING_HUB
2
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
TVC:GOLD
by AIan_Gold
Buying power is weakening - resistance 2724 good for SELLComment: 📌 The recent inflation data and comments from Fed official Waller put pressure on the US dollar, as traders grow increasingly confident that the US Central Bank might cut rates sooner rather than later. Waller did not dismiss the possibility of a rate cut at the March meeting, highlighting that inflation "is approaching our 2% target." Chicago Fed President Austan Goolsbee, a voting member in 2025, expressed optimism that the labor market is stabilizing, as reported by The Wall Street Journal. Market participants are now pricing in nearly equal odds of the Fed implementing two rate cuts by the end of 2025, with the first reduction expected as early as June. XAU Trend: January 17 📌 Gold is reacting downward at the H4 2724 resistance zone, buying force is becoming weaker. Opportunity for sellers to push the price back to 2705, creating more liquidity for the market Signal:📌 SELL XAU 2723-2726 SL: 2731 | TP: 2715 - 2708 - 2700 Thank you for reading my comment: "FM"
OANDA:XAUUSDShort
by FM-ForexMastermind
3
GOLD BULLISH OR BEARISH ( READ DESCRIPTION) Hello everybody, I hope you are doing well. As you can see GOLD (XAUUSD) is in bullish trend, Gold has pumped for last two weeks right?? If price completely breaks the 2728, I'm expecting that price can be fly from the 2691 or 2653 till 2787 because the trend line has broken, if price breaks 2728, it will be made BOS (Break of Structure). If price failed to break 2728 then it possible to change the trend into bearish today. Btw Gold is in Bullish trend, If price completely breaks 2728, I'm expecting gold can touch 2745 today. Follow and support my idea Stay tuned for every update, don't forget to share your ideas.
FOREXCOM:XAUUSD
by Zayn_Muaath
1
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!
OANDA:XAUUSDLong
by Snick3rSD
Gold Approaching Key Resistance Berish Rjction or Bullish BrkoutBased on the chart provided: ### Key Observations: 1. **Resistance Zone**: - Price is approaching a strong resistance zone around 2,720–2,740, as indicated by the shaded area. - Previous interactions with this level suggest potential rejection, making it a critical zone for monitoring price action. 2. **Target Levels**: - **1st Target**: 2,680 – a minor support level where price might pause or bounce if rejection occurs. - **2nd Target**: 2,640 – a key mid-level support area aligned with historical price structure. - **3rd Target**: 2,623 – a stronger support zone near the previous low, offering a potential bounce zone. 3. **Risk-Reward Setup**: - A clear risk zone (stop-loss) is placed above the resistance zone (around 2,759), indicating a bearish outlook. - The trade setup assumes a rejection from the resistance area, with the first target likely to hit before deeper retracements. 4. **Market Context**: - Recent bullish momentum may face exhaustion as it approaches resistance, especially if accompanied by reduced volume. - The "Change of Character" (ChoCh) annotations suggest a possible shift in momentum around the resistance zone. ### Potential Trade Scenarios: 1. **Bearish Rejection**: - Look for bearish confirmation signals (e.g., bearish engulfing candles, rejection wicks) around the 2,720–2,740 zone. - Short entry: Near 2,720–2,730. - Targets: 2,680, 2,640, and 2,623, in that order. 2. **Bullish Breakout**: - If the price breaks above 2,740 with strong momentum, invalidate the bearish scenario. - Look for a retest of the 2,740 level as new support for long positions. - Target: 2,770–2,800. ### Additional Notes: - **Divergences**: Check for any bearish divergences in RSI or MACD to confirm weakness near the resistance zone. - **Economic Events**: Be cautious of news or data releases that may increase volatility in gold.
OANDA:XAUUSDShort
by TRADE_CENTER_1
A Golden Opportunity in a Bull Market USAUThis report provides an in-depth analysis of U.S. Gold Corp. NASDAQ:USAU using the Momentum Reversal Indicator (MRI) and incorporates insights from recent articles highlighting USAU's strong potential within a bull market for gold. By examining daily, weekly, and monthly timeframes, this report aligns USAU's technical setup with broader market fundamentals to provide actionable trading strategies. Technical Analysis 1. Monthly Chart: Primary Trend - Trend : Bullish, with consecutive Green Setups ( 1, 2, 3, 4 ) signaling sustained upward momentum. - Support and Resistance : - Support: Monitor TI Setup Trend Support or the most recent swing low. - Resistance: Potential resistance near Green 8 or 9, which indicates trend exhaustion. - Outlook : The primary trend aligns with projections of sustained bullish momentum in the gold market. 2. Weekly Chart: Intermediate Trend - Trend : Transitioning to bullish, forming Green Setup 1 after Red Setup 5. - Key Confirmation : - Await Green Setup 2 closing above Green Setup 1 to confirm bullish continuation. - Support and Resistance : - Support: Near TI Setup Trend Support or recent swing lows. - Resistance: Previous swing highs or Fibonacci retracement levels. - Outlook : A confirmed bullish reversal will reinforce the broader market outlook. 3. Daily Chart: Entry and Exit Points - Trend : Bullish continuation, with Green Setups progressing from Green 2 to Green 5 . - Reversal Levels : - Monitor Green 8 or 9 for potential trend exhaustion or reversal signals. - Support and Resistance : - Support: TI Setup Trend Support or prior swing lows. - Resistance: Green 9 or Fibonacci retracement levels. - Outlook : Short-term bullish opportunities align with weekly trends but require caution near Green 9. Fundamental and Market Outlook Recent analyses highlight key factors that underscore USAU's investment potential within a strong gold market: 1. Record High Gold Prices : - Gold has reached record highs, with forecasts predicting prices to potentially hit $3,000 per ounce by the end of 2025 and even higher by 2030. 2. Undervalued Gold Mining Companies : - Companies like USAU are poised for growth as they are undervalued relative to the surge in gold prices. 3. USAU's Unique Advantages : - Analyst Price Targets : - Roth MKM : Initiated coverage with a Buy rating and a price target of $10.00 . - HC Wainwright & Co. : Maintained a Buy rating, raising the price target from $11.00 to $13.00 . - Alliance Global Partners : Maintained a Buy rating with a price target of $18.00 . - Strong Development Pipeline : USAU’s projects position it for near-term production and long-term growth. - Experienced Team : Proven management with gold exploration and development expertise. - Dual Exposure : Opportunities in both gold and copper markets. - M&A Potential : USAU's assets could attract acquisition interest in a rising gold market. --- Trade Recommendations 1. Bullish Continuation Trade - Timeframe : Weekly and daily charts. - Action : Enter long after Green Setup 2 confirmation (weekly) or a breakout above Green 6 (daily). - Entry Point : - Weekly: After Green Setup 2 closes above Green Setup 1. - Daily: On breakout above Green 6 or 7. - Stop-Loss : Below the last swing low or TI Setup Trend Support. - Take-Profit : - Weekly: Near swing highs or resistance zones. - Daily: Near Green 8 or 9. Risk Management - Risk-Reward Ratio : Maintain a minimum of 1:2 for all trades. - Stop-Loss Orders : - Use strict stop-loss orders to cap potential losses. - Trailing Stops : - Implement trailing stops to lock in profits as trades progress favorably. Conclusion U.S. Gold Corp. NASDAQ:USAU presents a compelling opportunity for traders and investors within a robust gold market. The company’s strong technical signals and bullish market fundamentals suggest significant upside potential. However, cautious risk management is essential, especially as the stock approaches key resistance levels or trend exhaustion points on the daily chart. Disclaimer This report is for informational purposes only and should not be considered financial advice. Investing involves risk, and past performance is not indicative of future results. Always conduct your own research and consult a qualified financial advisor before making investment decisions.
NASDAQ:USAULong
by charts-tradingmri
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!
OANDA:XAUUSDLong
by Fondera
WIG (Warszawa, PL) to Gold (in ounces), 1M (Heikin-Ashi)Dear Everyone, Today, one more time I present the wide index in Warszawa (PL) in relation to Gold prices (of an ounce). Of course, the price is using monthly candles with Heiki-Ashi preparation. So, there is presented bigger timeframe. As we could see, there is a real possibility to buid an inverse Head-&-Shoulders pattern. But, we will see, what future will bring to us. The prices in Warszawa could stay in relation to Gold at current levels even to March or May. But the chart seems to be very promising for the second half of the year and next year. However, we need to keep in mind as there is also other element: Gold prices. Let's remember that when we have (now) the time of real positive interest rates (read as: cash shortage), there is a question if the prices of Gold would be only higher and higher - IMHO that's slighthly controversial thesis. As always, with best regards to you all, Paweł
GPW:WIG
by PawelHodurek
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