Gold Hits New ATH – How Much Higher Can It Go?In yesterday's XAU/USD analysis, I mentioned that a correction could occur, potentially bringing Gold down to the 2770 zone.
I even opened a trade based on this idea.
However, after an initial drop to the 2810 zone, Gold reversed and surged to a new all-time high.
Fortunately, I had not entered a large-volume trade, and with active management throughout the day, I kept my losses minimal.
Now, the key question is: How much higher can Gold go?
Looking at the chart, as I previously explained, Gold has been steadily rising within an ascending channel.
Yesterday, it even broke above the channel’s resistance, and at the time of writing, it is trading at 2860.
In my opinion, buying at this price carries too much risk.
I prefer to wait for a blow-off top and signs of weakness before considering a sell trade.
For now, I am staying out of the Gold market.
Xauusdanalysis
Gold Bulls Mid Term, Long Term Trade Direction (Buy/long)Gold is trading around 2857.xx
The bullish momentum continued with trump unexpected policy shift of trade and war and technically if this momentum continued, we could see bullish continuation towards 3000 - 3085 by May 2025.
Mid to long term stance is buy on dips.
Gold trading following the upward trend is the answerTrading gold with the trend is the answer. Don't be afraid of highs and don't guess the top.
Obviously, the upward trend of gold is still continuing. No one knows where gold will eventually rise, and no one knows when it will usher in a downward adjustment. We only know that the fundamentals are on the side of buyers. No matter how the short-term adjustments are made or how the market is cleaned up, it will not change the fundamental fluctuation direction. Therefore, the investment direction is very important. Breaking new highs every day, it is better to be conservative than to go against the trend. If the short position is not stopped in time during a strong rise, the result will be a liquidation.
The current daily line has risen for four consecutive trading days, which shows that the overall rhythm is still strong. With this trend, there is only one way to go long, either directly go long, if the retracement is broken, continue to go long at the low position, and break the high and go long. Going with the trend is the only way. If the retracement is 10 US dollars and the price rises by 50 US dollars, there is no need to go against the market. Don't guess the top. Pay attention to the top and bottom conversion support 2830 and 2807 positions during the day. They are both positions for retracement and long positions. If the strong sideways pattern is considered, continue to go long directly above 2830.
Today's gold trading ideas: Don't be afraid of highs and maintain long positions. Don't guess the top and reject all short positions. The idea is that the retracement to stop the decline is the time to enter the market. For intraday operations, gold will continue to be long when it retraces to the top and bottom conversion area of 2830. It is more reasonable to set the stop loss below 2830, and the target is 20 $.
Is XAUUSD Gold Overextended? Key Levels to Watch PLUS Trade Idea👀 👉 In this video, we take a detailed look at XAUUSD (Gold). Although the higher timeframe shows a bullish trend, the price is currently trading into resistance and appears overextended. On the four-hour chart, there’s a bearish break in structure. My overall bias remains bullish, but I’m waiting for a break above the current high, followed by a retest and rejection, before considering an entry. This is not financial advice.
XAUUSD NEW ATH (WILL IT CONTINUE TO MAKE NEW HIGHS?)Gold market is now stuck in no trade zone
2814-2830 we mark our support and resistance zone over here and wait for any candle to break and close above or below our rage
if it break through our range then we target previous 3 supports as our Tps
so Tp1= 2794.96
TP2 = 2786.77
TP3= 2774.34
And if breaks through our resistance zone which is also new ATH then we can mark our new ATH by follow trend line
Tp1= 2840
Tp2= 2850
BEST OF LUCK!
Gold entered into a bearish structureHello 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 XAUUSD Possible Move 04.02.2025Gold (XAU/USD) Price Action Analysis & Trading Signal – February 4, 2025
Market Structure & Key Zones:
The price is currently ranging between $2,813 - $2,825.
There are two identified buying zones:
First Buy Zone: $2,810 - $2,813
Second Buy Zone: $2,796 - $2,799
Resistance levels:
First Target: $2,825
Second Target: $2,841
Trading Strategy & Signal:
Scenario 1: Buy from First Zone ($2,810 - $2,813)
If price finds support and shows bullish rejection (e.g., pin bars, engulfing candles), enter long.
Entry: $2,810 - $2,813
TP1: $2,825
TP2: $2,841
SL: Below $2,804
Scenario 2: Buy from Second Zone ($2,796 - $2,799) if the first zone fails
If price breaks below $2,810 but respects $2,796, look for reversal signs to buy.
Entry: $2,796 - $2,799
TP1: $2,813
TP2: $2,825
SL: Below $2,790
Conclusion:
Gold is currently in a range-bound structure, and we are looking for bullish confirmation before entering. Patience is key—wait for price action signals at the highlighted demand zones before executing a trade.
Please like follow and show support.
Gold could start a correctionYesterday, after an intraday correction during the Asian session, OANDA:XAUUSD bulls regained control and pushed the price to a new all-time high of 2830.
Since the start of the year, gold has been trading within a tight ascending channel.
Given that the price touched the upper boundary of this channel yesterday, a test of the lower boundary could be expected next.
At the time of writing, the price is hovering around minor support, and a break below this level could expose the 2770 zone.
Despite the strong uptrend, my strategy is to sell into rallies—though this approach carries significant risk.
A new all-time high would invalidate this scenario.
Gold Approaches Channel Resistance with Potential PullbackGold is currently trading within an ascending channel on the one-hour chart, approaching the upper boundary near 2840. The price has shown strong bullish momentum, but the marked resistance zone suggests a potential pullback. A rejection from the upper boundary could lead to a retest of the highlighted support area around 2820. If this support holds, the bullish trend may continue, but a break below could indicate further downside movement.
XAU/USD Short Trade for swing tradersThe market is reaching an all-time high every day. According to the analysis, we should see a good corrective move in the coming days.
From our previous analysis, we gained almost 200 pips from 2830 to 2808. Now, we are planning a swing sell trade with a 1-5 risk-reward ratio; if this trade fails, we will plan the next swing trade with a 1-8 risk-reward ratio.
you are all kindly requested to follow proper risk management to follow these analyses and execute the provided trades.
XAUUSD → Will Retrace till 2802-2794 but after hitting 2835Hello Traders!
As gold has made its ATH 2830 which was also a trendline where gold respect that trend line and down now every thinking for retracement but gold will do a breakout till 2835 as gold done on previous trendline
gold can hit 2835 easily before drop to retracement level of 2794, so for now i am bullish till 2835 in that zone i will see a good entry for sell.
Support: 2802
Resistance:2830
Fib Golden Zone: 2794-2796
Liquidity Zone: 2794
Gold will continue its trend after retracement but we need a good entry for sell almost from 2835
Waiting for buy confirmation above 2800. See below for analysisThe overall bottoming and rebounding trend of gold at the beginning of the week has undoubtedly laid a strong foundation for the bulls. It is understandable that the next step-back trend is bullish, but since the price fell after rising in the late trading and closed below 2820, I think it is necessary to make a short-term decline judgment on the intraday market trend.
From the current market, the daily chart shows three consecutive increases. The price at the beginning of the week effectively ran above the short-term moving average, and led the short-term moving average to rise. The Bollinger Bands opened upward as a whole. When other periodic indicators remain in a bullish arrangement, coupled with the upward movement of the macd indicator golden cross, it should be beneficial for the bulls to pull up in the short term, so the daily line is bullish as a whole.
In terms of 4 hours, the gold price fell after rising. The current price is still hovering above the short-term moving average, and the middle track of the Bollinger Bands also extends upward. Therefore, it can be judged that the short-term downward space of the gold price is limited. Although the macd indicator is golden cross, the upward potential is insufficient. Therefore, the overall 4-hour level can wait for the bulls to counterattack again after the decline adjustment.
For the lower support of gold, pay attention to the 2800 area. The movement above 2800 will help the bulls to test and break through 2830. If the bears take 2800, focus on the 2800-2795 area, which is the dense support area of the current technical pattern, so when the gold price approaches or touches it, you need to decisively arrange to buy.
For the upper resistance, pay attention to the vicinity of 2830. If the gold price stabilizes above 2808 during the day, the short position can only find an opportunity to participate when the resistance is touched for the first time, and be prepared for a long breakthrough at any time. If the gold price breaks the 2808 support first, then the possibility of breaking through 2830 during the day will be ruled out. At that time, it is necessary to arrange the short position at 2820 or above!
Key points:
First support: 2808, second support: 2800, third support: 2792
First resistance: 2823, second resistance: 2838, third resistance: 2850
Operation ideas:
BUY: 2802-2805, SL: 2793, TP: 2830-2840;
SELL: 2845-2848, SL: 2857, TP: 2810-2800;
XAUUSD → Expected to retrace to 2802-2794 after hitting 2835.Hello, Traders!
like gold has made its ATH 2830, which was also a trendline that gold respected, and down now every thinking for retracement, but gold will do a breakout till 2835 like gold did on the previous trendline.
Gold will easily reach 2835 before dropping to the retracement level of 2794, thus I am bullish until 2835, when I will find a decent entry point for selling.
Support: 2802.
Resistance: 2830 Fib. Golden Zone: 2794–2796
Liquidity Zone: 2794
Gold will continue its trend following the retracement, but we need a decent entry point to sell almost from 2835.
XAUUSD: 4/2 Today’s Market Analysis and StrategyGold technical analysis
Daily resistance 2850, support below 2746
Four-hour resistance 2830, support below 2800
Gold operation suggestions: Yesterday, the technical side of gold first fell and then rose, ushering in a deep V reshuffle. The European gold price continued to rise and broke through and stood near the Asian session's falling breakthrough point of 2802. The US gold price accelerated its rise in one fell swoop, breaking through the high point of 2817 last Friday and reaching near 2830. After falling under pressure, the closing gold price was near 2813, forming a bottoming and rising trend. After the overall gold price completed the extreme retracement confirmation during the day, it formed a strong bullish rebound.
From the current four-hour analysis, today's lower support focuses on the 2800 integer mark. If it stabilizes at this position during the day, you can continue to buy and look bullish first. The upper short-term resistance focuses on the 2828-30 area. The short-term bullish strong dividing line focuses on the 2800 mark. Before the daily level falls below this position, continue to maintain the bullish pattern.
BUY:2790near SL:2785
BUY:2800near SL:2797
Technical analysis only provides trading direction!
XAU/USD 04 February 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Previous analysis was met with price targeting weak internal high, priced at 2,817.215.
Price has printed a further bullish iBOS.
CHoCH positioning and internal low are the same level.
Price is trading within an internal low and fractal high.
Should price trade down to discount of 50% EQ, I would be happy to mark internal high.
Intraday Expectation:
Price to continue bearish to either discount of 50% EQ, or H4 demand zone before targeting weak internal high priced at 2,830.755.
Price could also continue bullish to bring CHoCH positioning closer to recent price action.
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: Bullish.
-> Internal: Bullish.
Yesterday's intraday expectation was met with price targeting weak internal high priced at 2,817.215
Price has printed a further bullish iBOS followed by a bearish CHoCH to indicate, buit not confirm, bearish pullback phase initiation.
Price is now trading within an established internal range, however, I will continue to monitor price.
Intraday Expectation:
Price is expected to continue bearish to either discount of 50% EQ, or M15 demand zone, before targeting weak internal high, priced at 2,830.755
Alternative scenario:
As H4 remains in bearish pullback phase, it would be viable to consider price targeting strong internal low, priced at 2,722.215.
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:
Short gold when it hits 2820-2830 areaDear traders, gold has shown exceptional strength after breaking through the 2800 level, with aggressive buying flows providing strong support while simultaneously limiting downside retracements. Based on the current gold market structure, there remains upside potential, with prices likely to revisit the 2620-2630 range.
However, market sentiment currently plays a more dominant role than technical factors. As strong buying pressure fuels a short squeeze rally, a shift in sentiment could lead to the formation of a high wave candle on the chart, with gold potentially retesting the 2800-2790 support zone.
Given these conditions, I do not advocate chasing long positions at current levels for short-term trades. Instead, a more prudent approach would be to consider initiating long positions if gold retraces to the 2800-2790 support and holds above it. Conversely, if prices reach the 2620-2630 region, we can look for opportunities to short gold again.
Bros, do you still have the courage to short gold? 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!