Gold bounces back and recovers after sharp fallIn today's short-term operation of gold, it is recommended to focus on short-selling on rebounds, supplemented by long-selling on callbacks. In the short-term at the top, focus on the first-line resistance of 2930-2940, and in the short-term at the bottom, focus on the first-line support of 2888-2890.
Short position strategy:
Strategy 1: Short 20% of the position in batches near 2928-2930 in the early trading of gold, stop loss 8 points, target near 2910-2900, break to see 2890 line;
Long position strategy:
Strategy 2: Buy 20% of the position in batches near 2890-2892 when gold falls back, stop loss 8 points, target near 2900-2910, break to see 2920 line;
Xauusdlong
gold on double breakout#XAUUSD, today on price we hope to see reverse back above 2938 but firstly price holds multiple entry's for bullish breakout.
Firstly above the rectangle 2918-2920 breakout we hope to see the current candle H1 to breakout there which holds strong buy.
If price decline between 2916 without touching 2918 then the price is possible to fall from there back below 2988.
But below 2908 holds bullish if no current move above 2916 then bullish can start from 2908, TP 2938, SL 2896.
MARCH TARGET ANALYSISThe Price Reach by 2950 and, Smart Money got the position entry to set LONG
Trump plan to have conversation with Putin regard war RUSSIA x UKRAINE,
and Trade war America x China
Hopefully if America not trying to Trade war again with Europe regard Import Product Fee in first week at March
Will gold continue to jump and create ATH?⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) edges lower during the Asian session on Tuesday, pulling back from its recent record high. A recovering US Dollar (USD) from its lowest level since December 10 weighs on demand for the metal. Additionally, overbought conditions lead some traders to trim their bullish positions. However, the broader market outlook suggests caution before making strong bearish moves.
⭐️ Personal comments NOVA:
Gold price is maintaining an upward trend, TRENDLINE H1
⭐️ SET UP GOLD PRICE:
🔥 BUY GOLD zone: $2917 - $2915 SL $2910
TP1: $2922
TP2: $2930
TP3: $2940
🔥 SELL GOLD zone: $2966 - $2968 SL $2973
TP1: $2960
TP2: $2950
TP3: $2940
⭐️ 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
XAUUSD H1 [24.02.25]: Technical Overview!📈 BUY_GOLD: 2933/2935
Stoploss: 2930 / Target: 2955
📉 SELL_GOLD: 2957/2959
Stoploss: 2962 / Target: 2947
Analysis: Gold has found support at the 50-4H SMA (2920) multiple times and needs a sustained move above the 21-4H SMA (2935) to extend its rally.
The RSI, near 60, suggests further upside potential.
A decisive break above 2935 could lead to a retest of the 2955 high, with 2970 as the next resistance.
XAUUSD: 2942-2945 short. Expected to drop $10I mentioned it earlier in the analysis circle. The news is almost calm. There is no dominant content, so we need to combine technical indicators including historical trends to look at the market trend. So as to speculate the market trend. Do a good job in every transaction.
From the 10-minute-30-minute trend chart, the ultra-short-term gold price will fall, and 2942-2945 needs to be focused on. From the 1-hour combined with the 4-hour trend, it is necessary to touch the upper pressure level before retracing to test the support below. The upper pressure level is at 2945-2950
So the stage trading is different, so the profit including the concerned points are different. If you are ultra-short-term trading, then remember to close the order in time at the 4-6P point to lock in the profit. If you are a short-term trader, you need to pay attention to the 8-15p space. If you are medium- and long-term. Then you need to pay attention to the stop profit of 20-50 points or even higher.
Every day, a lot of analysis content including some real-time trading opportunities and opinions will be published in the analysis circle. Friends who like it can remember to keep paying attention.
gold on bullish rejection above 2958#XAUUSD has repeatedly faced rejection above the 2949 level, forming a strong bearish zone. Currently, the market awaits a decisive breakout.
A breakout above 2949 could trigger a bullish toward the next decline zone at 2958, where profit-taking may occur. However, a pullback to 2942 is expected before further bullish continuation.
If the price fails to sustain above 2949 and drops below 2935, strong selling pressure could push toward 2916, indicating a deeper bearish trend.
Gold to $2820 by Jan 2025?Hello traders,
I'm sharing my analysis of the gold chart (XAUUSD) on a monthly logarithmic scale, which helps provide a clearer perspective on the broader trend and avoid confusion.
I'm suggesting a long position or investment targeting the $2820 to $2870 range. Here’s why:
Cup & Handle Pattern: I’ve identified a cup & handle pattern that points to a target range of $2820 to $2870, indicating a potential upward move.
Uptrend Wave Study: Analyzing the current uptrend wave from 2016 to now, we can observe a semi-flag pattern from August 2020 to November 2023. This pattern recently broke out, signaling a continuation of the upward trend towards the $2.8K area.
Daily Chart Analysis: On the daily chart, I've analyzed and marked a flag pattern with a cyan rectangle, targeting $2825 by January 2025. To determine this, I measured the time from the 0% to the 61.8% Fibonacci level (143 bars) and applied the same period (143 bars) from the 38.2% to the 100% Fibonacci level, as shown in the chart below.
Please check my previous analyses on NVDA and BTC to see how useful the logarithmic scale is when dealing with large numbers and charts that show a steep upward trajectory.
As always, I recommend conducting your own research and analysis before making any trading decisions.
XAU/USD Gold Buys from 2,900 back upGold has been in a strong bullish uptrend for the past few weeks, so I’m not surprised that price has once again reached all-time highs. As anticipated, price mitigated the demand zone and continued pushing upward.
For this week, I expect price to accumulate and retrace back down to my 11-hour demand zone, where I anticipate signs of weakening before a new bullish move to the upside. Since this demand zone was responsible for the recent break of structure, it has become my point of interest (POI).
Confluences for Gold Buys:
✅ Price remains in a strong bullish trend, consistently forming higher highs and higher lows.
✅ The clean 11-hour demand zone that initiated the last upside move remains unmitigated.
✅ There is liquidity resting above, including the newly formed trendline, which is likely to be taken.
✅ This setup aligns with the overall bullish trend, reinforcing my long bias.
Alternative Scenario:
If price fails to hold at the 11-hour demand zone and breaks the major low, we could see a temporary bearish phase or a potential reaction from the 7-hour demand zone instead.
Wishing everyone a great trading week! 🔥📈
Bullish Momentum - Tariffs! Waiting for New ATH next week✍️ NOVA hello everyone, Let's comment on gold price next week from 02/24/2025 - 02/28/2025
🔥 World situation:
Gold price slides late on Friday, poised to end the week positively, accumulating eight straight weeks of gains that pushed the yellow metal to all-time highs of $2,954. At the time of writing, the XAU/USD trades at $2,940, down 0.15%.
The financial markets' narrative has not changed as US President Donald Trump continues with rhetoric related to tariffs. In addition to imposing 25% tariffs on cars, pharmaceuticals and chips, Trump broadened duties to lumber and other soft commodities.
This fueled the rally in Bullion prices as investors seeking safety drove prices higher amidst uncertainty about US trade policies. Meanwhile, geopolitics took a second stage as there was some progress in the discussion to end the Russia-Ukraine war, which relieved the markets.
🔥 Identify:
Accumulated price zone 2918 - 2954, uptrend maintained well above zone 2900
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $2954, $2965, $2980
Support : $2918, $2895, $2877
🔥 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
- The winner is the one who sticks with the market the longest
Golden interval operationGold 4-hour level, yesterday's high and low repeatedly roller coaster consolidation, the current Bollinger band has gradually narrowed, the upper track 2952, the lower track 2918, and the overall 4-hour current operation is a bullish trend with gradually rising highs and lows. In the short term, it is temporarily running within the upper and lower tracks. Wait for the Bollinger band to reopen before choosing to follow the trend
The upper pressure is focused on the 2950-55 area. If it breaks, it will be 2965-2985. The lower support is the 10-day moving average of 2915. If it breaks, it will be 2906-2880. Tonight, we will focus on the breakthrough of this range. The decline in the early trading today and the European trading will continue, so the US market will rebound and there will be a second decline. Therefore, the operation is mainly high-short, supplemented by low-long.
Gold operation suggestions: It is recommended to go short in the 2940-45 area, stop loss at 2951, and target 2925-2915 area;
XAUUSDToday's operation strategy:
The current price of gold is around 2931, short it when it rebounds to 2937-2940, stop loss 2955, target 2925-2920
For more trading strategies, you can click on my link
But for long-term traders, the main focus is to go long on the pullback.
What do you think about gold? Welcome to comment and exchange, I wish you a smooth transaction
XAUUSD:Shocking reversal, short selling has wonAfter the London market started, short gold at 2930-2933, target 2915, in fact, the price only dropped to around 2916, although it did drop a lot, but it was still a bit regrettable that it did not reach TP.
After the notification followed the closing of the order, short gold immediately in the range of 2930-2925. Currently relevant trading opportunities have been published in my analysis circle, remember to keep previewing.
XAUUSD: Real-time trading at the current price, check it outYesterday's Federal Reserve January policy meeting minutes highlighted: "Upward risks to the inflation outlook" and "some other factors are considered to be likely to hinder the process of inflation decline" and the expectation of interest rate cuts as important support for the short-term rebound in gold prices. This has made our long orders successfully profitable.
After the Asian market started today, the market hit the highest position of 2950 and then quickly fell back. The impact of this news on the market after a night of digestion has been very small. Regarding the peace talks, the US Department of State is also urging the Ukrainian national leaders to sign the peace talks agreement, which means that this peace talks is very meaningful.
From the trend chart of gold prices, the overall upward momentum is still very weak. After the London market opened, the gold price continued to fall. The lowest point was 2924. It is currently fluctuating at a low level. It is expected to fall sharply today. The operation is mainly short at high levels.
xauusd: Choose to sell near the current price of 2930,2934-2937
TP2915
TP2905
SL2945
Detailed operations will be updated in Jack's analysis circle. Keep paying attention to the follow-up results, and leave me a message at any time if you have any questions.
OANDA:XAUUSD TVC:GOLD
XAUUSD: The best position for long gold prices is 2930-2935At present, there is no support from the dominant news. Combined with technical observations, the best buying point in the Asian market is 2930. The second buying position is 2935
tp2945.
sl2925.
Before there is clear negative news, continue to continue the long trading idea.