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XAUUSD possiblity 2678- 80XAUUSD Analysis Gold is approaching a critical level, where there could be a potential opportunity for a sell near the 80 mark. However, the market is currently in a volatile state, and with the unpredictable nature of price action, trading in this environment carries significant risk. If it fails to hold at this level, the market could continue to move in unpredictable directions, making it a dangerous space for traders without proper risk management...
OANDA:XAUUSDLong
by TradeAdvisory
XAU/USD 09 December 2024 Intraday AnalysisH4 Analysis: -> Swing: Bearish. -> Internal: Bullish. Bias/analysis remains the same as analysis dated 25 November 2024. Price Action Analysis: As mentioned in yesterday's analysis dated 24 November 2024, whereby price was expected to print a bearish CHoCH. This is how price printed. Currently, price is trading within an established internal range. Intraday Expectation: Price is anticipated to trade down to either discount of internal 50% EQ, which is marked in blue, or H4 demand zone before targeting weak internal high priced at 2,721.420. Note: With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment. H4 Chart: M15 Analysis: -> Swing: Bearish. -> Internal: Bearish. Today's analysis and bias will remain the same as analysis dated 26 November 2024. Price Action Analysis: Intraday expectation and analysis dated 25 November 2024 printed as anticipated, with price successfully printing a bearish iBOS after targeting the weak internal low. A correction from yesterday's intraday expectation: instead of targeting the weak internal high, price was expected to target the weak internal low. Price has since printed a bullish CHoCH, indicating, but not confirming, bullish pullback phase. We are now trading within an established internal range. Intraday Expectation: Price is anticipated to trade up to either the internal 50% EQ or the M15 supply zone before targeting the weak internal low at 2,605.310. Alternative Scenario: The H4 timeframe has printed a bearish CHoCH, indicating the initiation of a bearish pullback phase coupled with the fact that H4 TF is now trading in discount of internal 50%. However, this suggests that bearish momentum on M15 may face limitations as the broader H4 phase unfolds. Note: Given the Federal Reserve's dovish stance and persistent geopolitical tensions, volatility in Gold prices is likely to remain elevated. Traders should remain cautious and prepared for potential price whipsaws in this high-volatility environment. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Gold Short: Capitalizing on Sunday Open RejectionGold has shown a strong rejection of the $2,650 price area after retracing to the Sunday open levels, aligning with the prevailing higher time frame (HTF) bearish trend. This trade is engaged to capitalize on the downside potential as the price fails to break the dynamic resistance at $2,650. With the support of the HTF momentum and a clear rejection, the trade setup focuses on targeting the lower support levels in the $2,610-$2,600 zone while maintaining a disciplined approach to risk management. Technical Analysis: Daily Chart: • Price struggles below the mildly bearish 20 SMA. • Both 100 and 200 SMAs maintain their bearish slopes, confirming the downtrend. • Momentum indicators remain neutral, supporting the absence of bullish reversal signs. 4-Hour Chart: • XAU/USD trades below the flat 20 SMA while hovering near a directionless 100 SMA. • The 200 SMA around $2,690 acts as dynamic resistance, pushing prices lower. • Indicators are aligned with bearish momentum, suggesting further downside. • Support Levels: $2,626.70, $2,611.35, $2,598.70 • Resistance Levels: $2,643.30, $2,655.00, $2,671.55 Fundamental Analysis: The US Dollar’s strength continues to weigh on Gold prices, driven by robust macroeconomic data: • ISM Manufacturing PMI: Revised upward to 49.7, better than expected, supporting USD strength. • Wall Street Sentiment: Mixed trading as geopolitical tensions between the US and Russia persist. • Upcoming Events: Markets anticipate key US employment data, particularly the Nonfarm Payrolls (NFP) report on Friday, which could bring additional volatility to XAU/USD. Trade Management: • Entry near $2,645 with clear rejection signals. • Stop Loss: Placed above $2,659 to manage risk efficiently. • Targets: Initial take profit at $2,622, with a potential extension to $2,610. • Risk Management: Adhering to the bearish trend, the trade will be closely monitored, especially as the US Nonfarm Payrolls data approaches. • Risk Management: Trail stops as price moves lower. Monitor market reactions closely, especially around major support and resistance zones, and adapt as Nonfarm Payrolls approach. Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
CAPITALCOM:GOLDShort
by AR33_
XAUUSD Trade Log - Monthly Swing TradeXAUUSD Swing Long Trade This is a high-confidence swing trade setup with multiple confluences across monthly and daily timeframes. Trade Details : - Risk: 5% of capital - Risk-Reward Ratio (RRR): 1:4 - Entry: Anywhere within the monthly Fair Value Gap (FVG), which has a 90-point range. You may DCA (Dollar Cost Average) into your position for better flexibility, though this is discretionary. - Confluence: Signals align from the monthly down to the daily charts, indicating strong bullish momentum. Macro Factors Supporting Gold Longs : - Safe-Haven Demand: Global geopolitical tensions, including conflicts in the Middle East and Eastern Europe, have driven investors toward gold as a risk-averse asset. - Rising Recession Risks: With several central banks maintaining high interest rates for prolonged periods, economic slowdown fears are rising, further boosting gold demand. - Central Bank Purchases: Central banks worldwide, especially in emerging markets, continue to accumulate gold reserves to reduce reliance on the US dollar. - Inflation Hedging: Persistent inflation concerns make gold an attractive hedge, particularly as real yields show signs of plateauing. - Weakened Dollar Outlook: A potential pivot in US Federal Reserve policy could weaken the dollar, which would likely support gold prices in the medium to long term. This swing trade offers a strong opportunity to capitalize on the current macroeconomic and technical landscape favoring gold's upward momentum. Stay aware of any unexpected fundamental developments that could influence the market.
OANDA:XAUUSDLong
by Fondera
12.6 Gold breaks bottom to welcome non-agricultural sector!Tonight's non-agricultural data, the market is divided into two sections: 1. Before the non-agricultural data, according to the current rhythm, it is considered to be volatile, so change the range or short, volatile 618, choose the intraday decline and rebound 618 position, you can also short. 2. Non-agricultural data, last month's non-agricultural data was only 12,000. According to ADP, it is bullish for gold, but the data is bullish, and the probability of non-agricultural data being negative is not high. It can only be lower than expected. At the same time, the increase in unemployment rate is bullish for gold. This is also difficult. So for the evening non-agricultural data, the current decline will either release the non-agricultural trend in advance or rush down and fall back. It is unlikely to be simply bearish. The intraday short-term 618 position is at the 2626-8 line, which can be blocked for the second time. Non-agricultural support, if it continues to break the bottom, don't grab more, this kind of continuous bottom breaking, more is meaningless. See if it bottoms out and rebounds, and treat it as a new range of fluctuations. Focus on the 100-day moving average position below, the daily large-scale support level In addition, according to our shock formula, short-term and long-term opportunities are not available at the moment. Before the non-agricultural market, there will be a second reminder, just follow the members.
TVC:GOLDShort
by AIan_Gold
1
SIDEWAY - big changes are waiting ahead ! XAU ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) edges lower during Thursday's Asian session but remains within its recent trading range as mixed signals keep traders cautious. Hawkish comments from FOMC members, including Federal Reserve (Fed) Chair Jerome Powell, have reinforced expectations that the Fed will adopt a cautious approach to rate cuts. This has led to a modest rebound in US Treasury bond yields from their lowest levels in over a month, putting pressure on the non-yielding gold price. ⭐️Personal comments NOVA: Unemployment news today - gold price will continue sideways waiting for NF data tomorrow, price range 2605; 2665 will be noticed in the sideway price zone ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2665 - $2667 SL $2672 TP1: $2655 TP2: $2640 TP3: $2630 🔥BUY GOLD zone: $2622 - $2624 SL $2617 TP1: $2630 TP2: $2640 TP3: $2650 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDShort
by Nova-Scalper
7
Gold Short Scenario for NFPGold prices dropped by $25 on Thursday, December 4, breaking below the consolidation zone. It's common for gold to test both the highs and lows of consolidation areas ahead of major data releases. I view this decline as a potential manipulation of the lows, anticipating a rebound toward the 2658 level to target the highs before a stronger sell-off resumes after the data release. Alternatively, the price might extend this manipulation phase further, reaching the 2675-2680 level, where the H4 order block aligns with the upper boundary of the descending channel. 1st Scenario Short Entry: 2658 Stop Loss: 2663 2nd Scenario: Short Entry: 2675 Stop Loss: 2690 Targets: 2622 > 2605 > 2589 > 2560 >...>2430
OANDA:XAUUSDShort
by srhttekin
Bitcoin Hits $100K: What Does It Mean for Gold?Bitcoin’s historic surge past $100K has reignited debates about its role in the financial world. Fed Chair Jerome Powell weighed in, calling Bitcoin a "speculative asset," likening it to virtual gold rather than a competitor to the dollar: "It's highly volatile, not a store of value or form of payment. It's really a competitor for gold." With Bitcoin soaring, many are asking: Could this mark the beginning of a stronger correlation between Bitcoin and gold, or are they destined to move on separate paths? Gold Faces Its Own Test While Bitcoin grabs the headlines, gold prices slipped below $2,630 per ounce, pressured by firming U.S. Treasury yields. Benchmark 10-year yields rose 0.6%, as markets anticipate today’s U.S. Non-Farm Payrolls (NFP) report, expected to show 200,000 new jobs. A weaker report could lift gold, especially as traders assign a 74% chance of a 25-basis-point Fed rate cut in December. Fed Chair Jerome Powell has emphasized caution, acknowledged the economy’s resilience but signaling a careful approach to rate cuts. Gold, often a winner in low-rate environments, now finds itself at a critical juncture. Our Trading Plan for Gold Key levels to watch as we await the NFP report: $2,630: Monitor for price reactions to this recent support. $2,537–$2,530: Look for potential opportunities at this deeper support range. The Bigger Picture As Bitcoin claims new highs and challenges gold’s status as a store of value, gold continues to be swayed by macroeconomic forces. Will gold bounce back, or is it preparing for further dips as Bitcoin surges? Let us know your thoughts—will Bitcoin and gold align as Powell suggests, or will their paths diverge further? For more in-depth gold analysis and updates, stay tuned. And as always, happy trading!
TVC:GOLDShort
by InwardTrader
1
12.6 Gold shock awaits non-agricultural sector① Gold was still in a range yesterday and needs to wait for Friday's non-farm payrolls; ② The current daily indicator MACD is oscillating near the zero axis, and the dynamic indicator STO is oscillating upward with two lines; it means that there is no direction. ③ The daily Bollinger Bands are beginning to shrink and compress the range on the three tracks. The current upper and lower track range is 2705-2558, and the small range is the middle track and MA30 adhesion point 2631-2667 ④ The current 4-hour moving average is entangled with the middle track, and the upper and lower tracks are running flat, which means range oscillation. The current range is 2629-2656. Strategy: Long near 2615, defend 2605, and target 2644-2650-2658 Short near 2660-62, defend 2669, and target 2650-2645
TVC:GOLD
by AIan_Gold
1
XAU SCALPING ! Resistance 2655 SELL sideway zone SCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Anticipation of a less dovish Federal Reserve (Fed) has sparked a slight rebound in US Treasury bond yields, limiting gains for the non-yielding Gold price. Remarks from several FOMC members, including Fed Chair Jerome Powell on Wednesday, indicate the Fed is likely to proceed cautiously with rate cuts. This encourages traders to exercise caution before making significant moves on XAU/USD, as attention shifts to the upcoming US Nonfarm Payrolls (NFP) report on Friday. ⭐️Personal comments NOVA: Gold price is still as predicted SIDEWAY, waiting for resistance at 2655 can SELL SCALPING M30 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2654 - $2656 SL $2659 scalping TP1: $2650 TP2: $2645 TP3: $2640 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDShort
by Nova-Scalper
3
12.5 COMEX Gold Technical AnalysisFrom a technical perspective, the gold daily line is close to the upper edge of convergence, and the Bollinger Bands show signs of closing. At the same time, the price has not broken through the moving average pressure, and the KDJ indicator is in a state of fluctuation without an obvious direction. The daily level convergence pressure is around $2,690. If it breaks through, it is expected to accelerate upward and test the previous high point. If it breaks below the support of 2,640, it will accelerate downward. From the 1-hour level, the Bollinger Bands are closing, and the convergence structure is entering the end, waiting for the direction to be chosen. The current volatility has dropped significantly. The technical indicators remain volatile, with intraday high selling and low buying, and the lower support is $2,650 and the upper pressure is $2,690. SELL: 2,650 Defense: 60 Target: 35-----30
TVC:GOLDShort
by AIan_Gold
1
12.5 Gold shocks, waiting for non-farm payrolls, short and longYesterday, the gold market opened at 2643.2 in the morning and then fluctuated in the range. Before the start of the U.S. market, the market gave a daily low of 2631.8 and then the market quickly pulled up to the daily high of 2657 and then the market consolidated. The daily line finally closed at 2649.8 and the market closed in a spindle shape with a lower shadow slightly longer than the upper shadow. After ending with this shape, today's market fell back to more. In terms of points, if today's market rises first, give a short stop loss of 2652 to 2657. If it falls back to 2637 first, the long position will be conservative at 2635 and the long stop loss will be 2631. The target is 2657. If it breaks, the pressure of 2661 and 2667 will be seen.
TVC:GOLDLong
by AIan_Gold
1
XAUUSD Trade LogXAUUSD Buy Signal: Entry within the daily Fair Value Gap (FVG), aiming for a 1:3 Risk-Reward Ratio (RRR) with 1% risk. While there is a conflicting bearish FVG that might obstruct the path to the take-profit (TP) level, the trade setup remains valid and will be executed regardless. Key Details: - Risk: 1% - RRR: 1:3 - Entry: Daily FVG in a discounted zone - TP: Positioned below the bearish FVG to mitigate resistance - Note: Monitor price action near the bearish FVG as it may create challenges for the bullish move.
OANDA:XAUUSDLong
by Fondera
XAU sideway is about to end! Scalping BUY 2634SCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) faces selling pressure after briefly rising to the $2,650 resistance zone, reaching a new daily low during the early European session on Wednesday. Despite this, the metal continues to trade within its established range from the past week, as traders remain cautious ahead of Federal Reserve (Fed) Chair Jerome Powell's speech. Market participants are seeking insights into the Fed's rate-cut outlook, which could influence US Dollar (USD) demand and shape the next significant move for gold. ⭐️Personal comments NOVA: Scalping BUY price range before ADP-NF news was announced ( 2634 - 2632 ) ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2634 - $2632 SL $2629 scalping TP1: $2640 TP2: $2645 TP3: $2650 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDLong
by Nova-Scalper
3
11.4 Gold weakens in the short termGold has fluctuated for two consecutive trading days, and it should break today. Yesterday, as expected, the daily line rose after a single negative, mainly in three aspects: 1. Since this wave of rebound, the daily line has been a single negative, so look at the cycle. 2. The previous day rebounded too much. Although it retreated at the 618 position, the double bottom position is still there. 3. In the morning, 2633 is not only a rebound and retreat to the 618 position, but also a previous low point. When looking at fluctuations, I have always emphasized a method, 618 is better to make a mistake than to let it go. Therefore, we used gold non-short yesterday. At the same time, let's look at yesterday's technical points: Yesterday emphasized two watersheds, one is the time point of the European session, and the other is the price: 2633 and 2644, and the intraday breakthrough will continue. 1. In the morning, it directly relied on the low point to rise, quickly to the 2652 line, and the price effectively broke the morning low of 2644. It also emphasized that after the breakthrough, it is enough to step back more. 2. 2639 is the morning rebound and retracement to 618. The shock continues to see a step-back entry. 3. Although the performance before the US market is not big, the formula emphasizes that the correction at 6-8 points before the US market is still bullish. Yesterday, the US market also continued to rise after the breakthrough as expected. But there are also regrets. It continued to fall back at 12 o'clock in the morning. In the formula time point, we will make a summary at 12 o'clock every night. On the one hand, the Asian market is now big, and we will make a layout at 7-8 o'clock the next day, and also make a summary for the day. Yesterday at 12 o'clock, it returned to the prototype: the first thought is that it was short at 7-8 o'clock this morning, and gold was weak. Today, it is still the same. In this form, don't look at the continuous positive cycle of the daily line. Instead, the yin and yang lines in the shock are interchanged. Today, we see a break and fall. For operations, it has been emphasized recently that the Asian market fluctuates greatly, and the focus is on the layout at 7-8 o'clock. Therefore, you can go short in the morning, the upper watershed is 2649, and the lower target is 2627-29. In addition, if it falls below 2630 today, then it is still short in the European session. Due to the oscillation pattern retracement, pay attention to the entry point at 618, and the extremely weak 382, ​​which refers to the entry point for the second rebound when the intraday high falls to the low.
TVC:GOLDShort
by AIan_Gold
1