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!
Xauusdshort
Gold ShortThis commodity has formed the bearish market structure (according to the 4H timeframe) considering that it ran through the Order Block at 2791, then it has retraced back towards that block (forming a breaker block) and I do anticipate that we might go bearish if the price will not break above the 2804 zone.
Also, as for now, it us at the 1H iFVG which is a good place for a trade entry.
Entry 1 at 2792, Target 1 2760, Target 2 at 2730.
Gold (XAU/USD) Near Key Resistance – Watching for Bearish ReversThis chart shows XAU/USD (Gold) on the 1-hour timeframe, highlighting a potential sell opportunity around the weak high zone near $2,810-$2,820.
Key Observations:
1. Bearish Confirmation Needed :
- The price is approaching a resistance zone within an ascending channel.
- A rejection or bearish confirmation (e.g., candle reversal, strong wick, or BOS downward) is needed before entering a short position.
2. Structure & Key Levels:
- Break of Structure (BOS) signals previous bullish momentum.
- Change of Character (ChOCH)** suggests a possible shift in trend.
- The weak high at the upper channel trendline indicates a potential reversal.
3. Potential Downside Targets:
- $2,797 – First key level of support.
- $2,770-$2,750 – Stronger demand zones.
- $2,741-$2,720 – Final deeper support area.
Trading Plan:
- Wait for bearish confirmation** before entering a sell.
- A breakdown of intraday support near **$2,797** would strengthen the bearish case.
- If price breaks above $2,820-$2,828, the bearish bias is invalidated.
Gold Market Forecast: Next Week’s Trading Setup & Key Price ZoneGold continues to dominate the headlines, trading near all-time highs above $2,800 as market participants grow risk-averse. The White House’s confirmation of 25% tariffs on Canada and Mexico set to take effect on February 1 has sent ripples through the market, adding to the uncertainty.
On the macroeconomic front, December’s Core PCE Price Index—the Fed’s preferred inflation gauge—came in as expected, surpassing November’s numbers. This follows soft Q4 GDP figures and the Federal Reserve’s latest monetary policy meeting, where officials signalled that inflation risks remain tilted to the upside—strengthening the US Dollar and keeping traders on edge.
📉 So, where is Gold headed next? Will we see a breakout to fresh highs, or is a pullback on the horizon?
In this video, I break down my thought process on Gold’s next potential move and how I’m positioning myself for the upcoming trading week. 🚀
📌 Let me know your thoughts in the comments! Do you see Gold continuing its rally, or is a correction due?
#GoldPrice #XAUUSD #GoldAnalysis #GoldForecast #TradingGold #ForexTrading #Commodities #MarketAnalysis #GoldBreakout
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
**Gold (XAU/USD) Approaching Bearish Confirmation at Major ResisThis chart shows gold (XAU/USD) on the 1-hour timeframe, highlighting key resistance and support zones.
Key Observations:
1. All-Time High & Major Resistance:
- Price recently reached an all-time high and faced rejection from the major resistance zone.
- A pullback is currently in progress, and the chart suggests waiting for **bearish confirmation** before entering a short trade.
2. Bearish Expectation:**
- If the resistance holds and bearish confirmation appears, a sell-off toward the **1st target (2,772.32)** and then the 2nd target (2,750.15 - 2,750.43) is expected.
3. Major Support Zone:**
- If the decline continues, the **major support** area around **2,720** could be tested.
Trading Strategy:
- Wait for confirmation** before entering short positions.
- A strong **bearish rejection** from resistance will validate the short setup.
- If price breaks back above resistance, bearish bias would weaken.
Gold Expected Top is Here - Traders May Enter Short/Sell HereGold achieved our short-term upside 2782/2790 by now. Now we are expecting gold may start correcting from here till 2773.50 to 2759.
Any upside movement above 2795 is likely to grab buy side liquidity before making a corrective fall.
Our goal for now is 2773.50 - 2759
xauusd will soon touch 3000 usd as you can see we are at the top of the lastest trading range that provides us with higher lows showing a upward tilted trafing range so we expect a pullback and continuatin of bull trend toward 3000$ ish for 60% probabilty and staying in trading range and ranging inside that for 40% of probabilty
XAUUSD - Interest Rate Decision and FOMCHere is our view and update on XAUUSD . Potential opportunities and what to look out on the pair and sharing possible entries and important Key Levels .
XAUUSD is currently trading at around 2750s. We are sharing a few possible scenarios on gold and these scenarios are written from just a TA (Technical Analysis) point of view and possible outcomes with the Interest Rate Decision and FOMC data.
Scenario 1: BUYS
-We broke above 2766.
With the break of 2766 we could possibly see new ATH prices being printed and gold would remain being bullish overall.
Scenario 2: SELLS
-We broke below 2750 with 0.25% Interest Rate Cuts.
With the break of 2750 we can expect more sells on gold possibly repeating the previous outcome (18th of December 2024).
IMPORTANT KEY LEVELS:
-2766; breaks above would result in gold revisiting ATH (All Time High) and new highs.
-2750; breaks below would result in sells
-2740; breaks below confirming lower levels
-2720; breaks below confirming lower levels
-2690; breaks below would confirm gold is bearish and we should see lower levels (2590..)
Personal opinion:
We could possibly see the repeat of the previous Interest Rate Decision with a 0.25% cut and FOMC helping the DXY with more upside. For now we are planning on XAUUSD sells if the same results are out.
KEY NOTES
- XAUUSD breaking above 2766 would confirm buys and higher levels.
- XAUUSD breaking below 2750 would confirm sells.
- Breaks below 2740 would confirm lower levels.
- Trades are only valid if we break the mentioned levels.
Happy trading!
FxPocket
GOLD Strong Breakout!
HI,Traders !
GOLD is trading in an
Uptrend and has Made a bullish breakout of
The key horizontal level
Of 2763.93 and the breakout
Is confirmed so After retesting the level is broken we are
Bullish biased and we
Will be expecting a further
Bullish move up !
Comment and subscribe to help us grow !
gold on sideways move#XAUUSD can retrace back below 2759 or more but firstly we await 2770.99 on double breakout before selling, TP 2759-2750, SL 2780. Now above 2787.57 price have multiple breakout before possibly bullish which will break above 2800-2810 will occur, but if price reject on multiple and touch 2790 former ATH then full retracment on sell will start from therr.
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.
**Gold (XAUUSD) 1H Analysis: Bearish Rejection at Resistance, OANDA:XAUUSD **Gold (XAUUSD) 1H Chart Analysis**
- **Resistance Zone:** The price is currently testing a resistance area marked in gray, aligning with a descending trendline.
- **Potential Rejection:** The chart suggests a possible rejection from this zone, leading to a bearish move.
- **Target:** If rejection holds, the price is expected to drop toward the **2,745** level.
- **Pattern Formation:** The price is forming a lower high structure, indicating a continuation of the bearish trend.
- **Confirmation:** A strong rejection candle or break of minor support could confirm the downside move.
### **Conclusion:**
Watch for confirmation around the resistance zone. A rejection could trigger a short trade targeting **2,745**, while a breakout above could invalidate the bearish setup.
GOLD 1H ROUTE MAP UPDATEHello Traders,
We closed last week with our analysis playing out as predicted, achieving all our leveled targets as confirmed by range-to-range breaks. Corrections like these are welcome, as they provide safe opportunities to buy dips and ride the long-term trend.
For now, the price is fluctuating between 2770 and 2730 range. we anticipate levels being tested back and forth until one of the weighted levels breaks and locks to confirm the next directional range. Updated levels will help us track downward movements and identify optimal bounce points to enter trades.
Key Updates:
Resistance Levels: 2770, 2785
Bullish Targets: 2771
If EMA5 crosses and locks above 2771, the next target is (2784)
If EMA5 crosses and locks above 2784, the next target is (2796)
If EMA5 crosses and locks above 2796, the next target is (2808)
Key Level: 2742
If EMA5 crosses and locks below 2742, it will open the path to TP1 (2726).
TP1: 2726
If EMA5 crosses and locks below 2721, the next target is TP2 (2710).
TP2: 2710
If EMA5 crosses and locks below 2710, the next target is TP3 (2694).
We will closely monitor these levels and provide updates based on EMA5’s interaction with the weighted zones.
The QUANTUM Trading Mastery
Gold Second Entry +130 Pips 0 Drawdown , Third Entry Valid !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.