Gold at the Top of the ascending channel,a price correction?!As you can see in the gold chart, the price has reached the top of the ascending channel and at this point in the past of the market there is also a very important static resistance (around $2750) which can correct the price of gold in the short term.
Xauusdshort
#XAUUSD 1DAYXAUUSD (1D Timeframe) Analysis
Market Structure:
The price is testing a trendline resistance, which has consistently acted as a strong barrier to upward movements. Additionally, a sell engulfing candlestick pattern has formed in this area, indicating increased selling pressure and a potential reversal to the downside.
Forecast:
A sell opportunity is expected as the confluence of trendline resistance and the sell engulfing pattern signals a bearish shift in market sentiment.
Key Levels to Watch:
- Entry Zone: Near the trendline resistance or after confirmation of sustained bearish momentum.
- Risk Management:
- Stop Loss: Placed above the trendline resistance or the high of the engulfing candlestick to manage risk.
- Take Profit: Target the next key support levels or significant price zones below for potential downside movement.
Market Sentiment:
The combination of the trendline resistance and the sell engulfing pattern reflects a bearish outlook, with sellers likely to dominate if the resistance holds. Confirmation of continued selling pressure is recommended before entering the trade.
XAUUSD SHORT OPPORTUNITY 1:5
Fundamental Sentiment
Inauguration Day- Anticipating a bullish dollar NY open
Directional Bias
New York bias - Bearish bias
Price Action:
AMD Model this session: Accumulative price action in Asia, Bullish Manipulation start of London session. Anticipating a bearish distribution in New York
15mins market structure shift with a clear AOI at the bearish orderblock.
Setup invalidation
If price rallies above the high of London open, this will invalidate this setup.
Gold Giving Amazing Bearish P.A , Short Valid To Get 500 Pips !We Have a very good bearish price action as i mentioned in the chart , and we have a very good touch for the trend line , also we have a very good rejection area , i`m targeting 500 pips in this setup , i will wait the price to go up a little before enter a sell trade to make my sl not too much .
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.
Gold falls on inauguration day of TRUMP⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Last week's softer-than-expected US inflation data could support Gold prices by fueling speculation of more than one rate cut by the Federal Reserve (Fed). Traders are now looking ahead to President-elect Trump's inauguration on Monday for insights into the executive orders he plans to issue. "Uncertainty surrounding the policies President Trump will implement has been one of the factors supporting Gold," noted David Meger, Director of Metals Trading at High Ridge Futures.
Moreover, ongoing geopolitical tensions in the Middle East and the Russia-Ukraine conflict continue to drive safe-haven demand for Gold. According to The Guardian, the Russian military captured two additional settlements in eastern Ukraine's Donetsk region on Saturday, marking the latest progress in its westward advance.
⭐️Personal comments NOVA:
Gold short term down around 2700 area, sideways and waiting for new economic policies of the trump administration
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2678 - $2676 SL $2671
TP1: $2685
TP2: $2693
TP3: $2700
🔥SELL GOLD zone: $2716 - $2718 SL $2723
TP1: $2710
TP2: $2700
TP3: $2690
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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 4HXAUUSD (4H Timeframe) Analysis
Market Structure:
The price has formed a sell engulfing candlestick pattern in a key resistance area, indicating a potential shift in market sentiment toward the downside. This bearish candlestick pattern reflects strong selling pressure overpowering buyers at this level.
Forecast:
A sell opportunity is anticipated as the sell engulfing pattern suggests further bearish momentum. The price may continue to move lower toward nearby support levels.
Key Levels to Watch:
- Entry Zone: Near the engulfing area after confirmation of sustained selling pressure.
- Risk Management:
- Stop Loss: Placed above the high of the engulfing candlestick to manage risk.
- Take Profit: Target the next support levels or significant price zones below for potential downside objectives.
Market Sentiment:
The sell engulfing pattern at a resistance level signals bearish sentiment, with sellers likely to maintain control in the short term. Proper confirmation is recommended before entering the trade to ensure alignment with market conditions.
Gold Price Analysis: Key Insights for Next Week Trading DecisionThe market is buzzing with mixed feelings as we approach Donald Trump's inauguration as US President-elect. Gold prices have retreated from a one-month peak, with some investors jumping on the opportunity to buy the US Dollar at perceived dips. Despite this, gold remains heavily influenced by the geopolitical and domestic political climate in the US. Recent inflation data, combined with comments from Fed Governor Waller, have put pressure on the Dollar, with traders betting on an earlier rate cut. Waller hinted at the possibility of a rate cut as soon as the March meeting, noting that inflation is nearing the Fed's 2% target. In this video, we explore how these developments could shape the gold market moving forward.
#GoldAnalysis #XAUUSD #GoldPrice #TrumpInauguration #USDIndex #InflationData #FedRateCuts #GoldTrading #ForexAnalysis #MarketTrends
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.
According to the 1h analysis, I'm personally looking for a sellAccording to the 1h analysis, I'm personally looking for a selling opportunity from the resistance area.
But remember one thing if the price successfully closes above 2718.00, then stay away from selling. So don’t place any advance orders for now. Use good bearish confirmation for the entry.
XAU/USD | Gold Price Liquidity Grab Analysis Timeframe: 4H
Key Highlights:
1. Liquidity Zone (LIQ): A significant liquidity zone is identified at the $2,732 level, as marked by the purple box. Price action shows signs of a liquidity grab, evident from the sharp spike above the zone before reversing.
2. Breakout Confirmation: The breakout above the previous resistance suggests a bullish intent; however, the failure to sustain above $2,732 indicates a possible fakeout.
3. Short-term Support: The smaller purple zone ($2,696 - $2,703) now acts as immediate support, providing potential opportunities for buyers to re-enter.
4. Potential Downside Risk: A break below $2,696 could open doors for a deeper correction toward the $2,688 level, or possibly further down to $2,513 if bearish momentum increases.
Strategy Insights:
Buyers: Consider waiting for a confirmed retest of the $2,703 zone for a potential bounce. Tight stop-loss placement below $2,688 is recommended.
Sellers: Monitor for rejection around the $2,732 zone. A reversal signal here could provide a shorting opportunity targeting $2,688 or lower.
Outlook:
Gold remains volatile, and traders are advised to watch key levels closely. A decisive move beyond $2,732 with volume could indicate further upside to $2,800 and beyond. Conversely, sustained rejection at resistance and a break below support could confirm a bearish trend.
Risk management is critical—trade wisely!
Gold SIDEWAY and correction down next week✍️ NOVA hello everyone, Let's comment on gold price next week from 01/20/2025 - 01/24/2025
🔥 World situation:
Gold prices dipped late in the North American session but are still on track to end the week with gains of over 0.40%, as markets anticipate the inauguration of US President-elect Donald Trump. Currently trading at $2,701, down 0.44%, the yellow metal remains a preferred choice for investors amid political uncertainty.
Geopolitical tensions and US political developments continue to influence Gold’s performance. Despite steady mid-term US Treasury yields, Gold buyers were unable to drive prices higher for additional gains before the weekend.
🔥 Identify:
Gold hits large-frame resistance 2724, weakens and corrects short-term decline. Market awaits new economic policies of President Trump
🔥 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: $2724, $2748
Support : $2662, $2633
🔥 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
Gold Sell limit orderHi Everyone
I think we can set an order in this level to sell gold.
Let's see what happens.
Please consider the risk management.
Dear traders, please support my ideas with your likes and comments to motivate me to publish more signals and analysis for you.
Best Regards
Navid Nazarian
Xauusd buy Gold’s price slightly retraces but holds above the $2,700 level on Friday, with some profit-taking occurring after its three-day rally this week. Fed governor Christopher Waller spooked traders by commenting on Thursday that a March interest rate cut should not be ruled out.
Xauusd buy signal 2711
TP1 2715
TP2 2725
Support zone 2735
Stop loss 2700
Gold at Resistance Zone>Technical Patterns>Potential DropThe U.S. economic Indexes released on January 16, 2025 , have implications for Gold ( OANDA:XAUUSD ):
Core Retail Sales m/m : ncreased by 0.4% , slightly below the 0.5% forecast, indicating moderate consumer spending.
Retail Sales m/m : Rose by 0.4% , under the expected 0.6%, suggesting a potential economic slowdown.
Unemployment Claims : Reached 217,000 , higher than the anticipated 210,000, pointing to a softening labor market.
These factors may lead to a weaker U.S. dollar and increased demand for gold as a safe-haven asset, potentially driving gold prices higher.
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Now let's take a look at the Gold chart in the 4-hour time frame and see how much Technical Analysis can help us predict the trend of Gold in the coming hours and days.
Gold is moving in the Resistance zone($2,743-$2,700) and near the Upper line of the Ascending Channel , the upper lines of the Rising Wedge Pattern and Time Reversal Zone(TRZ) .
In terms of Classic Technical Analysis , Gold appears to be moving within the Rising Wedge Pattern .
According to Elliott's wave theory , Gold appears to be completing microwave C of the main wave Y . The wave count will change if the Resistance zone($2,743-$2,700) breaks .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks .
I expect Gold to start falling at least the Support zone($2,697-$2,689) and the lower line of the ascending channel after entering the TRZ and touching the upper line of the ascending channel and the wedge pattern.
Note: If Gold can break the Resistance zone($2,743-$2,700), we can expect an All-Time High(ATH) for Gold.
Be sure to follow the updated ideas.
Gold Analyze ( XAUUSD ), 4-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.
Correction Warning for Gold - Back Below 2700⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Initial Jobless Claims for the week ending January 10 increased to 217K, up from 201K the prior week and falling short of the 210K forecast. Recent inflation data and comments from Fed Governor Waller weighed on the US Dollar, as traders grew optimistic about an earlier rate cut. Waller suggested a rate reduction could be considered in the March meeting, noting that inflation is nearing the Fed's 2% target. Meanwhile, Chicago Fed President Austan Goolsbee expressed confidence in the labor market's stabilization during an interview with The Wall Street Journal.
⭐️Personal comments NOVA:
Gold has completed its recovery to 2724, and the large sellers in this area will push the price back below 2700 before consolidating and rising again. This is consistent with the market awaiting the inauguration of President TRUMP.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2688 - $2686 SL $2681
TP1: $2695
TP2: $2702
TP3: $2710
🔥SELL GOLD zone: $2723 - $2725 SL $2728 Scalping
TP1: $2718
TP2: $2713
TP3: $2705
🔥SELL GOLD zone: $2732 - $2734 SL $2739
TP1: $2725
TP2: $2710
TP3: $2700
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
Gold to stall at previous highs?Gold - Intraday
Selling posted close to the previous high of 2726.0.
2721.3 has been pivotal.
Offers ample risk/reward to sell at the market.
Bearish divergence is expected to cap gains.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look to Sell at 2718.5 (stop at 2738.5)
Our profit targets will be 2668.5 and 2658.5
Resistance: 2724.5 / 2735.0 / 2750.0
Support: 2709.7 / 2700.0 / 2690.0
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XAUUSD LND SHORT - 1:5 RR
Directional Bias
London Bias: Bearish with price targeting keyH1/H4 levels at 2690 & 2684
Price Action
Price delivered an aggressive bullish continuation with negative retail sales yesterday. I do see this being the final expansion before a more sustained short term reversal that may continue into building permits data release tonight
I would enter at the current price and be prepared to enter at a pull back towards the 2712.50 level.
With Stop Loss above the Asia high, the potential return on this could be a 1:3 - 1:5
Setup invalidation
If price moves back above the high of Asia, this setup will be invalidated.
Short XAUUSD/Gold (2718-23)Short Signal Alert
We are looking to ride a potential short in this channel, as the daily chart shows a clear triple top formation. This setup aligns with expected liquidity rejection, and we anticipate the move to work in our favor.
Entry: 2718-23
Take Profit Levels: 2690, 2675
Stop Loss: 2731
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