The best gold trading strategiesGold hit a high and then fell again last Friday. Although it did not set a new high again, it also touched the historical high near 2940 and then quickly retreated. It hit the lowest point near 2876 and then began to pull back and correct. It rose directly after opening during the day. The current highest point is near 2906. After a sharp decline last Friday, the daily line closed in the form of a large negative line. Today, Monday, gold opened at the lowest point of 2878 and rebounded. Gold is just like our weekend trend analysis.
From the current trend of gold, the support below is around 2875-85, and the pressure above is around 2908-13. The overall support is based on this range to maintain the main tone of high-altitude low-multiple cycles. In the middle position, watch more and do less, and be cautious in chasing orders.
Gold operation strategy:
1. Go long when gold falls back to 2877-2885, and the target is 2910-2915;
Xauusd(w)
Gold 1H Intra-Day Chart 17.02.2025On our last 1H Intraday chart Gold had smashed our target! Right now my bias is;
Option 1: Gold pushes higher, taking out the EQH around the $2,940 zone. Will look for a rejection around $2,950 - $2,960.
Option 2: Gold rejections the current resistance zone and keeps dropping towards $2,840.
Gold Market Forecast: Next Week’s Trading Setup & Key Price ZoneGold dipped below $2,900 on Friday but is set to close the week with over 0.80% gains as traders book profits. In this video, we break down the latest market moves: sharply plunging US Retail Sales, a weakening US Dollar, and improving US Industrial Production. Central banks continue ramping up their gold purchases, with the World Gold Council reporting over 1,000 tons bought in 2024. With Fed funds rate futures pricing in 38.5 basis points of easing for 2025, what does this mean for gold's future? Join me as I analyze these trends and prepare to capture the next move in the gold market this week.
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GOLD - XAUUSDLocally, the XAUUSD price broke through the downtrend lines. Now we are near the first resistance of 1900. The next liquidity level is near 1950.
Many experts believe that the price will move sideways until geopolitical tensions subside or until the FED raises interest rates. However, even if rates start to rise with high inflation - the real interest rates are likely to be negative. Therefore, they believe that gold will remain attractive as a defensive asset.
Rising gold = a traditional harbinger of crises and slight shocks in the stock and crypto markets. Gold is an excellent choice for those who don't particularly want to go into cash inflation but don't want to be present in dive markets.
Best regards,
EXCAVO
Gold: a profit-taking?The price of gold marked its seventh consecutive week of gains, reaching its new historically highest level at $2.940. A reach closer toward the $3K mark implied some profit-taking from investors at Friday's trading session, when the price of gold reverted back by 1%, ending the week at the level of $2.883. Regardless of this pull back, analysts are pointing that there are still supporting factors which could further support the price of gold at higher grounds, which includes: US trading tariffs, US inflation figures and weakening of the US Dollar.
With a drop in the price of gold on Friday, the RSI moved from the strongly overbought territory toward the level of 65. This move still does not provide a clear guidance whether the market is entering the reversal path. The MA50 continues to diverge from MA200, without any indication that the convergence might start anytime soon.
As long as geopolitical and tariffs risks are active, the investors sentiment might easily be changed, bringing higher volatility to the price of gold. The Fridays’ reversal might be only temporary. Charts are still pointing toward the $3K mark, which is a long term resistance line, if we take into account peak prices from April 2024 and October 2024. In this sense, it could be assumed that the market will try to reach this level in the near short period. In case that the potential is exhausted, the market will finally revert toward the downside. From the perspective of technical analysis, the week ahead should provide some main clues, whether a reversal is ready to start, or whether Friday trading session was only a profit-taking day.
XAU/USD : Bull or Bear? Let's See! (READ THE CAPTION)By analyzing the 30-minute gold chart, we can see that, as expected, gold resumed its bullish momentum, successfully hitting the $2,923 and $2,929 targets with ease, and even extending its rally to $2,940.
With this move, gold filled the Fair Value Gap (FVG) mentioned in the previous analysis and reached its bearish order block.
Currently, gold is trading around $2,927, and the next move will depend on price stability:
• If gold holds above $2,929 for the next 4 hours, we could see another bullish push.
• If gold fails to hold above this key level, we might see a pullback towards $2,923 as the first corrective target.
Stay tuned for further updates!
GOLD XAUUSD ShortGold is struggling at the 2906–2907 resistance on both H1 and D1 timeframes. it is failed to break this level in H1 time frame , Now we could see a drop toward the 2883/2880 support zone. A break below that could extend the bearish move to 2864.
However, if gold manages to break and hold above 2907, expect bullish momentum to continue. Keep an eye on price action around these key levels!
XAUUSD Gold has reached a strong demand zone around 2882/2878. After a sharp decline, price action shows signs of reversal, with potential bullish momentum building up.
Price is expected to rebound from the support zone and push towards key resistance levels:
✅ Target 1: 2894
✅ Target 2: 2907
A bullish engulfing candle or a strong rejection from the support zone could validate the move.
Breaking above 2894 may accelerate the bullish momentum.
⚠️ Bearish In-validations:
A breakdown below 2882/2878 may signal further downside to 2863, the next strong support level.
Look for confirmation before entering a long trade.
Use a tight stop-loss below the demand zone for risk management.
GOLD - Price can bounce up from support line of wedgeHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Not a long time ago, price reached support level and broke it, after which made a retest and started to grow in channel.
In channel, Gold rose to $2880 level, but at once made correction to support line of channel and then continued to grow.
Soon, price broke $2880 level and rose to resistance line of channel, where it turned around and started to decline.
Gold exited of channel and continued to trades in a wedge, where it fell to support line and then bounced up.
Later it reached resistance line of the wedge, but recently it dropped to support line and now it rising near this line.
In my mind, Gold can bounce up from support line to $2950, thereby exiting from the wedge pattern.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XAUUSD: SMA’s guidelines are very simpleCombining the four-hour gold price trend chart below, we can see that the gold price is still in a high box and fluctuating normally. The price is still moving in the SMA20-SMA50 range, relying on the support of SMA50 below, and intends to continue moving upward.
Combined with the one-hour trend chart below, the gold price is above the lifeline of SMA200, and the price is above SMA20, in normal operation
Combined with the thirty-minute trend chart. In the short term, SMA20 and SMA50 are about to form a cross, which will promote further strengthening of gold prices.
Comprehensively evaluated, the general trend is upward, relying on the support of the news, the short-term trend is still in a strong upward stage. It is necessary to observe that if the position of 2906-2913 is effectively broken, the upper 2920-2942 will be touched again. If there is no news that is bearish for gold prices, the rise will proceed slowly. On the contrary, when the factors that are favorable to the rise of gold prices are announced, the gold price will rise rapidly to the first-line position.
Therefore, the short and medium term are mainly based on long gold prices. It is better to miss the short-selling opportunity than to take the risk of shorting the gold price and gain profits that do not belong to you.
Friendly reminder: Because the US stock market is closed today, the impact on the gold price will be reduced after the New York market opens.
COMEX:GC1! COMEX_MINI:MGC1! TVC:GOLD OANDA:XAUUSD
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XAUUSD Channel Up preparing the new Bullish Leg.Gold (XAUUSD) has been trading within a Channel Up for almost 1 month. Friday's test of the 4H MA50 (blue trend-line) proved once again why this level is the strongest Support within the pattern, as it held and has initiated a relative bounce.
If this continues, it should technically be the new Bullish Leg, similar to the January 27 rebound on the 4H MA50. As you can see, even the 4H RSI sequences among those fractals follow the same pattern.
If (d) is indeed the technical RSI bottom, then we can expect a similar 1.5 Fibonacci extension rally to 2970.
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HelenP. I Gold may correct to trend line and then start to growHi folks today I'm prepared for you Gold analytics. Recently, the price began to rise from the trend line and quickly approached Support 2. After breaking this level, which aligned with the support zone, it made a slight upward movement before pulling back to the trend line. Following this correction, the price resumed its upward momentum and soon reached Support 1, another level that matched the support zone. At this point, Gold traded around Support 1 for some time before making a minor correction. Then it reversed direction and decisively broke through Support 1, entering a consolidation phase. Within this range, the price initially climbed to the upper boundary before retracing back to Support 1. Gold lingered near this level for a while and eventually rose again to the upper part of the range, only to reverse and start declining. Currently, Gold has reached a support level and is trading near it. In my view, XAUUSD will likely drop further into the support zone, touch the trend line, and then begin moving upward toward the top of the consolidation range. For this scenario, I have set my target at 2940 points, which aligns with the upper boundary of the range. If you like my analytics you may support me with your like/comment ❤️
Gold at a Crossroads – Break 2934 for ATH or Drop to 2873? Gold (XAU/USD) Technical Analysis – February 17, 2025
Market Overview
Gold prices remain volatile amid ongoing concerns over U.S. tariff policies and anticipation of Federal Reserve officials' speeches, which could provide clues about future interest rate decisions. With U.S. markets closed for President’s Day, liquidity is expected to be lower, potentially increasing price swings.
Technical Outlook
Gold's price action suggests a potential corrective move toward 2918 before resuming a bearish trend targeting 2873. A decisive H1 or H4 candle close below 2873 would strengthen the bearish momentum, leading to further downside targets at 2859 and 2823.
On the upside, for gold to regain a bullish trend, it must break above the All-Time High (ATH) at 2934. If successful, the next resistance targets would be 2956 and 2974.
Key Levels to Watch
🔹 Pivot Point: 2906
🔹 Resistance Levels: 2918, 2934 (ATH), 2956, 2974
🔹 Support Levels: 2873, 2859, 2840
📉 Bearish Scenario: Below 2873, expect further declines to 2859 and 2823.
📈 Bullish Scenario: A breakout above 2934 would open the door to 2956 and 2974.
💬 Will Gold break 2934 for new highs or correct lower first? What's your outlook? Drop your thoughts below! 👇🔥
XAU/USD 17 February 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 11 February 2025.
As mentioned in yesterday's analysis dated 10 February 2025 that it is highly likely price will print a bullish iBOS is how price printed.
Price is currently trading within an internal low and fractal high.
ChoCH positioning to indicate, but not confirm bearish pullback phase initiation is denoted with a blue dotted line.
Intraday Expectation:
Price to continue bearish and react at either discount of internal 50%, or H4 demand zone, before targeting weak internal high, priced at 2,942.780.
Alternative scenario:
Given HTF (Daily and Weekly) have also printed bullish iBOS' it would not come as a surprise if price printed a bearish iBOS.
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.
Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 11 February 2025.
Price printed as per yesterday's analysis whereby it was mentioned price to print bearish CHoCH to indicate bearish pullback phase initiation.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of 50% internal EQ or nested H4/M15 demand zone before targeting weak internal high priced at 2,942.780.
Alternative Scenario:
As all HTF's are in bearish pullback phase it would be viable if price targeted strong internal low, printing a bearish iBOS.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
If you miss the transaction, you can only wait for the next timeThe entire short pressure has been released, and the price of gold today is still mainly buying low. The increase in the Asian market is almost the same, and now it is waiting for the longs in the London and New York markets to be released. The target that the price of gold is expected to reach today is about 2910-2920.
Trading:
Buy near 2900-2985. tp2920, sl2980
XAUUSD top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Market Analysis: Gold Price Break RecordMarket Analysis: Gold Price Break Record
Gold price rallied further and traded to a new all-time high.
Important Takeaways for Gold Price Analysis Today
- Gold price started a steady increase above the $2,880 zone against the US Dollar.
- A major bullish trend line is forming with support at $2,885 on the hourly chart of gold at FXOpen.
Gold Price Technical Analysis
On the hourly chart of Gold at FXOpen, the price found support near the $2,855 zone. The price remained in a bullish zone and started a strong increase above $2,900.
There was a decent move above the 50-hour simple moving average and $2,920. The bulls pushed the price above the $2,930 and $2,935 resistance levels. Finally, the price climbed as high as $2,940 before there was a pullback.
The price tested the $2,880 zone and is currently rising. There was a move above the 23.6% Fib retracement level of the downside correction from the $2,940 swing high to the $2,878 low, and the RSI is stable above 45.
Immediate resistance is near the $2,910 level and the 50% Fib retracement level of the downside correction from the $2,940 swing high to the $2,878 low.
The next major resistance is near the $2,915 level. An upside break above the $2,915 resistance could send Gold price toward $2,940. Any more gains may perhaps set the pace for an increase toward the $2,950 level.
Initial support on the downside is near a major bullish trend line at $2,885. The first major support is near the $2,878 zone. If there is a downside break below the $2,878 support, the price might decline further.
In the stated case, the price might drop toward the $2,855 zone. Any more losses might push the price toward the $2,840 level.
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This is the next 4-hour gold roadmap and trading planHi, everyone. Gold prices have stabilized, and the market is evaluating whether the previous rally is excessive. After experiencing the biggest one-day drop in two months last Friday, gold prices remain around $2,900 per ounce. Previously, technical indicators showed that gold prices entered the overbought area, causing investors to worry that the short-term rally may be too fast, which will trigger a correction.
News impact:
Expectations of a Fed rate cut have increased, supporting the long-term upward trend of gold prices
Weak US economic data and rising expectations of rate cuts are good for gold. The latest data from the US Department of Commerce showed that the decline in retail sales data in January was the largest in nearly two years, exacerbating market concerns about the slowdown in the US economy and prompting investors to further bet on the Fed to cut interest rates this year. According to the latest futures market pricing, the possibility of a Fed rate cut in September has increased.
Global central bank gold purchases and safe-haven demand still provide support
Global central banks continue to buy gold, boosting the market's long-term bullish sentiment. Recent data show that major central banks around the world, especially major Asian central banks, are still increasing their gold reserves, providing solid support for gold prices. The latest market data shows that the pace of central bank gold purchases has not slowed down, and gold ETF holdings have also shown signs of recovery, reflecting that institutional investors are still optimistic about the long-term prospects of gold. In addition, there is still great uncertainty in the Trump administration's tariff policy. Although the market tends to believe that the tariff threat is more of a negotiating strategy, trade tensions may still trigger safe-haven demand, thereby supporting gold prices.
Viewpoint:
The recent volatility in the gold market reflects that investors need to adjust after a strong rebound, but in the long run, the direction of the Federal Reserve's monetary policy will still be the core driver of gold prices. If the US economic data continues to be weak in the future, the Fed's interest rate cuts may accelerate, further pushing up gold prices. In addition, the trend of global central banks buying gold has not slowed down, indicating that the market still has confidence in gold as a long-term safe-haven asset.
Analysis and suggestions:
In the short term, the gold market may face certain technical adjustment pressures, but as long as the Fed's policy expectations remain loose and global trade and geopolitical uncertainties continue to exist, gold still has a good basis for rising. In the future, the focus of the market will be on US economic data, central bank gold purchases and the Fed's policy statement. Investors need to pay close attention to the further impact of the above factors on gold prices.
Buy trading suggestions
Buy 1: 2878-2883
Take profit 1: 2896-2903
Stop loss: 2862
Sell trading suggestions:
Sell: 2905-2915
Take profit: 2895, 2886
Stop loss: 2921
Mr. Baker
Gold short-term analysisFrom the current market, the unexpected plunge of gold not only caused the 2900 mark consolidated last week to be lost again, but also formed a weak daily line to close sharply, and the closing of 2882 made the advantages accumulated by the bulls vanish. However, although gold has lost its upward advantage at present, I do not recommend being overly bearish or chasing shorts this week!
Because firstly, the overnight gold price plunge was not caused by the essential reason, but was stimulated by the outside world, which triggered the market to sell. In this case, the follow-up force is difficult to maintain;
Second, the decline trend on Friday and Tuesday is somewhat similar. Although the possibility of a lower test cannot be ruled out, with the break of the 2900 mark, the support strength obtained by the bulls will become stronger;
Third, in addition to the known fundamentals that are favorable to gold, the current gold ETF holdings are still rising, which means that the market is still enthusiastic about buying gold, so it is optimistic that the gold price will return to the 2900 mark this week.
From a technical perspective, the weekly line has rarely risen for 8 consecutive weeks. Last week, a rising candle with a long upper shadow line was closed, which is favorable for the shorts. However, given that other periodic indicators maintain a bullish arrangement, the Bollinger Bands are running upward as a whole, and the weekly level is generally biased towards the bulls.
In terms of the 4-hour level, after the obstructed decline on Friday this week, the short-term moving average has completed a downward turn, and the short-term moving average extends downward in a dead cross pattern. Among them, the 5-day moving average and the 20-day moving average overlap in the 2908 area, forming a double suppression. The Bollinger overall intends to open, and the MACD indicator dead cross downward pattern shows sufficient downward momentum. From this point of view, the 4-hour level is still dominated by the shorts. On the whole, the short-term operation strategy of gold today is recommended to focus on rebound selling, supplemented by retracement buying!
Key points:
First support: 2873, second support: 2862, third support: 2853
First resistance: 2893, second resistance: 2900, third resistance: 2908
Operation ideas:
BUY: 2865-2868, SL: 2857, TP: 2890-2900;
SELL: 2897-2900, SL: 2908, TP: 2870-2860;