XAUUSD - possible outcomes today?Here is our view and update on XAUUSD . Potential opportunities and what to look out for.
Since our last in-depth analysis on XAUUSD posted on November 27th , it has followed the projection and reached 2714 . Right now we have a few opportunities on our hands. Looking at XAUUSD we have possible buys if we break above 2720 and break today’s highs. On the other hand we could see pullbacks down to our PBA 1 (Pullback Area) sitting at around 2700 flat, and we could enter into more safe buys . If we break below 2700 (PBA 1) , we could see some sells in play. To write this in detail, here are the possible outcomes.
Scenario 1: BUYS from 2720
We broke above 2720 .
That would confirm continuation buys and we would have to keep our eye out on the breaks of today’s highs.
Scenario 2: BUYS from 2700
We made the pullback down to 2700 and are trading above it. That would give us a nice and safe area to enter into buys targeting today’s highs or possibly higher.
Scenario 3: SELLS from 2700
We broke below 2700 , and are now targeting breaks of 2690 and re-visits of 2675.
Personal opinion:
The direction for now is unclear until we break our mentioned key levels. Be patient and stay tuned for possible scalps on this pair.
KEY NOTES
- XAUUSD breaking above 2720 would confirm buys.
- XAUUSD failing to break below 2700 would confirm buys.
- Breaks below 2700 would result in sells, down to 2690 and 2675.
Happy trading!
FxPocket
Goldtradingstrategy
Gold is Ready to Fall again!!!Gold ( OANDA:XAUUSD ) started to pump, as I expected in the previous post .
Gold is entering the Resistance zone($2,740-$2,708) and Potential Reversal Zone(PRZ) and approaching the Upper line of the Ascending Channel .
According to Elliott's wave theory , Gold is completing microwave 5 of the main wave C .
Also, Regular Divergence(RD-) between Consecutive Peaks .
I expect Gold to fall to at least the Support zone($2,670-$2,653) after breaking the lower line of the ascending channel.
⚠️Note: If Gold breaks the Resistance zone($2,740-$2,708), we can expect more pumps.⚠️
⚠️Note: Tomorrow's US indices can impact the Gold trend. (Today's US indices were all as Forecasted).⚠️
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
4 TRADE LEVELS XAUUSD - PRECISE PRICE LEVEL THEORY After a successful sell in our community at 2719-2726 , today we are presented with a tough perspective due to the fact that now the current market price is entangled between the Supply and Demand Levels of H4 & Daily indicating a market cool off scenario entering a passive sideways.
So best strategy for today is to let the eruption of the market happen first and attempt on a reversal trade rather than seeking for a continuation trend trade.
GOLD to extend it's gains?Gold - 24h expiry
There is no indication that the rally is coming to an end. Our short term bias remains positive. 5 positive daily performances in succession. Price action continues to trade around significant highs. We look for gains to be extended today. A break of the recent high at 2728.5 should result in a further move higher.
We look to Buy a break of 2728.5 (stop at 2708.5)
Our profit targets will be 2778.5 and 2788.5
Resistance: 2726.3 / 2735.7 / 2750.0
Support: 2710.0 / 2695.0 / 2675.5
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
XAIISD: Today's Market Analysis and StrategiesTechnical analysis of gold
Daily resistance 2725, support below 2627.
Four-hour resistance 2725, support below 2686
Gold operation suggestions:
From the 4-hour analysis chart, we focus on the 2725 line for upper pressure, and the 2700/2686 line for lower support. The operation is mainly based on pullback buying, trading with the trend, and focusing on the 2725 pressure.
BUY: 2701near
BUY: 2686near
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
Gold Breaches Trendline: Bullish Continuation Expected Gold Breaches Trendline: Bullish Continuation Expected
Gold's breach of the trendline indicates potential for higher prices. Here's an actionable breakdown:
---
Current Trend Overview
Breakout Confirmed:
The 4-hour candle closing above the trendline confirms a bullish breakout.
This signals buyers are in control, and higher levels are now anticipated.
---
Targets to Watch
1. First Target: 2760
Why? Likely a nearby resistance or minor psychological level.
May face slight consolidation or profit-taking here.
2. Second Target: 2790
Why? Represents a stronger resistance or Fibonacci extension area.
Likely to test this level if bullish momentum sustains.
3. Extended Targets (Optional):
Beyond 2790, watch 2810 and 2850 as potential zones, depending on strength.
Stop-Loss Placement
1. Below Trendline:
Conservative traders should place stops just below the broken trendline.
2. Swing Low:
Alternatively, set it below the most recent swing low to allow for volatility.
3. ATR-Based Stop:
Use the Average True Range (ATR) for dynamic stop placement, e.g., 1.5x ATR below the breakout level.
---
Risk-Reward Example
Entry: Around breakout level (post-close above trendline).
Stop-Loss: 20-30 points below breakout point or recent swing low.
Targets:
TP1: 2760
TP2: 2790
Risk-Reward Ratio: Maintain at least 1:2 or 1:3. CAPITALCOM:GOLD
Go ahead and try shorting gold!Bros, due to the renewed tension in the geopolitical situation and the surge in risk aversion in the market, gold has risen sharply in the short term, and the current highest has reached around 2618. However, the continuity of the gold market, which has risen due to news stimulation, remains to be seen!
And from the chart, although gold has risen strongly, it still faces resistance in the 2720-2725 area in the short term. This is the last line of defense in the bear market, so it is not easy for gold to continue to break through. If gold fails to successfully cross this resistance area, then after consuming the bullish momentum to a certain extent, gold may retreat again and retest the 2700-2695 area.
So in terms of short-term trading, I will still not give up shorting gold. I will still try to add positions to continue shorting gold based on the 2720-2725 resistance area! Do you think gold will pull back? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
XAUUSDHere is our in-depth view and update on XAUUSD . Potential opportunities and what to look out for. This is a long-term overview on the pair.
Alright first, let’s take a step back and take a look at XAUUSD from a bigger perspective . For this we will be looking at the H4 time-frame .
XAUUSD is currently trading at around 2650s . Our scenarios stay the same. Let’s take another look at them with more in-depth outcomes.
Scenario 1: BUYS
We broke above 2660.
That would confirm continuation buys and we would have to keep our eye out on our next KL (Key Level) at around 2714 .
Scenario 2: SELLS
We respected our KL (Key Level) 2660 and have not broke above it.
We are now targeting breaks of 2590 and revisits of 2530 . If 2530 is to be broken, we could easily see our next Key Level sitting at 2480 .
Personal opition:
The direction for now is unclear until we break our mentioned key levels. Be patient and stay tuned for possible scalps on this pair. Be extremely careful if we revisit 2660.
KEY NOTES
- XAUUSD breaking above 2660 would confirm buys UP TO 2714.
- XAUUSD failing to break above 2660 would confirm sells.
- Breaks below 2604 would result in sells, down to 2550 and 2530.
- If 2530 is broken, we can see our next KL (Key Level) 2480.
Happy trading!
FxPocket
Gold is in the Bearish DirectionHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GOLD ROUTE MAP UPDATEHey Everyone,
Piptastic day on the charts once again, with our chart idea playing out to perfection!!!!
We were able to track and trade the entire move up from Monday confirmed with ema5 lock for each gap target. Yesterdays update finished off with ema5 cross and lock above 2679 opening 2697.
- This target was completed perfectly today followed with further cross and lock above 2697 opening 2712, which was also hit today completing this chart idea.
We can now move over to our 4H chart idea to continue to track the movement should it decide to push further up, until we share our new 1H chart idea on our Sunday update.
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
2645 - DONE
EMA5 CROSS AND LOCK ABOVE 2645 WILL OPEN THE FOLLOWING BULLISH TARGET
2661 - DONE
EMA5 CROSS AND LOCK ABOVE 2661 WILL OPEN THE FOLLOWING BULLISH TARGET
2679 - DONE
EMA5 CROSS AND LOCK ABOVE 2679 WILL OPEN THE FOLLOWING BULLISH TARGET
2697 - DONE
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
XAU/USD 11 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: Bullish.
Price Action Analysis:
As mentioned in my analysis dated 25 November 2024, H4 TF is now trading in discount of internal 50%. This suggested that bearish momentum on M15 may face limitations, which it did.
Price printed as per alternative scenario, printing a bullish iBOS.
Price subsequently printed a bearish CHoCH indicating bearish pullback phase initiation.
Internal range is now established.
Intraday Expectation:
Price to trade down to either 50% internal EQ, or M15 demand level before targeting weak internal high.
Alternative Scenario:
Current internal range is fairly extensive, therefore, requiring a deeper pullback to internal 50% EQ and/or M15 demand level.
Price could potentially target weak internal high and print a bullish iBOS to narrow the depth of the internal range.
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:
GOLD ROUTE MAP UPDATEHey Everyone,
Another day smashed!!!!!
Yesterday we hit 2661 after ema5 cross and lock above 2645, we then stated that we now had a gap left at 2679 after cross and lock above 2661, and as long as 2661 holds, we will look for this gap to be completed.
- This was hit perfectly completing this target. We now have 2679 cross and lock opening 2697.
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
2645 - DONE
EMA5 CROSS AND LOCK ABOVE 2645 WILL OPEN THE FOLLOWING BULLISH TARGET
2661 - DONE
EMA5 CROSS AND LOCK ABOVE 2661 WILL OPEN THE FOLLOWING BULLISH TARGET
2679 - DONE
EMA5 CROSS AND LOCK ABOVE 2679 WILL OPEN THE FOLLOWING BULLISH TARGET
2697
BEARISH TARGETS
2626
EMA5 CROSS AND LOCK BELOW 2626 WILL OPEN THE FOLLOWING BEARISH TARGET
2612
EMA5 CROSS AND LOCK BELOW 2612 WILL OPEN THE SWING RANGE
SWING RANGE
2599 - 2584
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
H_1 SCENARIOThe current analysis for XAU/USD (Gold vs. US Dollar) suggests a mixed outlook influenced by technical and geopolitical factors
The current analysis for XAU/USD (Gold vs. US Dollar) suggests a mixed outlook influenced by technical and geopolitical factors combined with a positive RSI trend, suggests a potential continuation toward higher levels like $2,668 if the bullish sentiment persists
On shorter timeframes, consolidation is observed near $2,640, with potential bearish movement if the resistance levels hold. A pullback to previous levels like $2,620 could act as a pivot for further trend assessment
Immediate resistance is noted around $2,668, while support lies near $2,620. Breaking either of these levels could dictate the next directional move
Prediction: In the near term, XAU/USD appears likely to continue testing resistance levels. If the bullish momentum holds, a rise to approximately $2,660-$2,670 could occur. Conversely, failing to maintain current levels may lead to a retracement toward $2,620.
Disclaimer: I am not a financial advisor, and this analysis should not be considered financial advice. Please consult with a professional for trading decisions.
What's Next on Gold : 2680 or 2630Gold collected the liquidity but it was unable to sustain above 2675-2680 region!
Now started decline and you can expect a downfall!
It may have a support at 2652, but if it breaks 2652 you can see 2632/2622 by Wednesday!
Consider a Stop at 2680 region if you are shorting at current price of 2664.
For this 16 points SL you can get 32 points reward of 32 points , which is 1:2 RR
Consider this for educational purpose and do not risk more than 1% of your portfolio.
GOLD ROUTE MAP UPDATEHey Everyone,
Smashing start to the week with our chart idea playing out perfectly, as analysed.
We started the day with our first bullish target hit at 2645. This followed with ema5 cross and lock above 2645 opening 2661, which was hit perfectly completing this gap.
We now have a gap left at 2679, which fell just short and as long as 2661 holds, we will look for this gap to be completed. However, if we see ema5 lock below 2661, then we are likely to see lower Goldlturns tested to find support again.
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
2645 - DONE
EMA5 CROSS AND LOCK ABOVE 2645 WILL OPEN THE FOLLOWING BULLISH TARGET
2661 - DONE
EMA5 CROSS AND LOCK ABOVE 2661 WILL OPEN THE FOLLOWING BULLISH TARGET
2679
EMA5 CROSS AND LOCK ABOVE 2679 WILL OPEN THE FOLLOWING BULLISH TARGET
2697
BEARISH TARGETS
2626
EMA5 CROSS AND LOCK BELOW 2626 WILL OPEN THE FOLLOWING BEARISH TARGET
2612
EMA5 CROSS AND LOCK BELOW 2612 WILL OPEN THE SWING RANGE
SWING RANGE
2599 - 2584
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
THE KOG REPORT THE KOG REPORT
In last week's KOG report we said to expect choppy price action, but we did not expect it to last the whole week! What a week however, the range allowing traders to trade within it up and down making the most of the levels on the boxes and Excalibur. We gave the weekly key level as 2620 which we said will need to break to go lower, otherwise, opportunities from that level were available and worked well.
On Friday we published the NFP report, again giving the key level for the push up 2625, this also worked well for traders, with the bonus of the short to end the week. A fantastic week for traders with us completing a phenomenal 37 targets across the markets!
We had that higher region of 2670 which however was not visited, so is it still available? Let’s dive in.
So, what can we expect from the week ahead?
This week we would expect this price action to continue, the range getting a little larger but the up and down movement making it difficult to hold position, at least for the first part of the week. We have that key level of resistance above again at 2650 with that level of 2670 still active on our books. For that reason, we feel this decline isn’t ready just yet, but the lower levels are available for consideration. Support below 2620 and below that the 2610 level are opportunities if we can continue this slow decline downside. We have the extension of the move at 2590 as key level support, so we feel that’s the ideal long trade for the swing up, if attacked.
Looking at the chart in more detail, and applying the red boxes, we can see we have defence above at 2635-40, which if held, can continue this move down into the red box 2625 as the immediate level for the range. A break of that level will take us further into breaker move 2610 and 2590 before any exhaustion.
As we close in to the festive period, we can expect volume to be thin over the coming weeks as well as sudden burst of profit taking, so please trade carefully for the remainder of the month, reduce your lot sizes and make sure you have a sensible risk model in place.
KOG’s Bias for the week:
Bearish below 2665 with targets below 2620 and below that 2610
Bullish on break of 2665 with targets above 2670 and above that 2685
RED BOXES:
Break above 2639 for 2650, 2660, 2663 and 2670 in extension of the move
Break below 2627 for 2620, 2610 and 2595 in extension of the move
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
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 2645 and a gap below at 2626. 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
2645
EMA5 CROSS AND LOCK ABOVE 2645 WILL OPEN THE FOLLOWING BULLISH TARGET
2661
EMA5 CROSS AND LOCK ABOVE 2661 WILL OPEN THE FOLLOWING BULLISH TARGET
2679
EMA5 CROSS AND LOCK ABOVE 2679 WILL OPEN THE FOLLOWING BULLISH TARGET
2697
BEARISH TARGETS
2626
EMA5 CROSS AND LOCK BELOW 2626 WILL OPEN THE FOLLOWING BEARISH TARGET
2612
EMA5 CROSS AND LOCK BELOW 2612 WILL OPEN THE SWING RANGE
SWING RANGE
2599 - 2584
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
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 price lay between two weighted levels with a gap above at 2648 and a gap below at 2629, as weighted Goldturns and will need 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
2648
EMA5 CROSS AND LOCK ABOVE 2648 WILL OPEN THE FOLLOWING BULLISH TARGET
2675
EMA5 CROSS AND LOCK ABOVE 2675 WILL OPEN THE FOLLOWING BULLISH TARGET
2701
EMA5 CROSS AND LOCK ABOVE 2701 WILL OPEN THE FOLLOWING BULLISH TARGET
2726
EMA5 CROSS AND LOCK ABOVE 2726 WILL OPEN THE FOLLOWING BULLISH TARGET
2749
BEARISH TARGETS
2629
EMA5 CROSS AND LOCK BELOW 2729 WILL OPEN THE FOLLOWING BEARISH TARGET
2604
EMA5 CROSS AND LOCK BELOW 2604 WILL OPEN THE SWING RANGE
SWING RANGE
2583 - 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