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Xauusdshort

Buying power is weakening - resistance 2724 good for SELLComment: 📌 The recent inflation data and comments from Fed official Waller put pressure on the US dollar, as traders grow increasingly confident that the US Central Bank might cut rates sooner rather than later. Waller did not dismiss the possibility of a rate cut at the March meeting, highlighting that inflation "is approaching our 2% target." Chicago Fed President Austan Goolsbee, a voting member in 2025, expressed optimism that the labor market is stabilizing, as reported by The Wall Street Journal. Market participants are now pricing in nearly equal odds of the Fed implementing two rate cuts by the end of 2025, with the first reduction expected as early as June. XAU Trend: January 17 📌 Gold is reacting downward at the H4 2724 resistance zone, buying force is becoming weaker. Opportunity for sellers to push the price back to 2705, creating more liquidity for the market Signal:📌 SELL XAU 2723-2726 SL: 2731 | TP: 2715 - 2708 - 2700 Thank you for reading my comment: "FM"
OANDA:XAUUSDShort
by FM-ForexMastermind
3
Gold Approaching Key Resistance Berish Rjction or Bullish BrkoutBased on the chart provided: ### Key Observations: 1. **Resistance Zone**: - Price is approaching a strong resistance zone around 2,720–2,740, as indicated by the shaded area. - Previous interactions with this level suggest potential rejection, making it a critical zone for monitoring price action. 2. **Target Levels**: - **1st Target**: 2,680 – a minor support level where price might pause or bounce if rejection occurs. - **2nd Target**: 2,640 – a key mid-level support area aligned with historical price structure. - **3rd Target**: 2,623 – a stronger support zone near the previous low, offering a potential bounce zone. 3. **Risk-Reward Setup**: - A clear risk zone (stop-loss) is placed above the resistance zone (around 2,759), indicating a bearish outlook. - The trade setup assumes a rejection from the resistance area, with the first target likely to hit before deeper retracements. 4. **Market Context**: - Recent bullish momentum may face exhaustion as it approaches resistance, especially if accompanied by reduced volume. - The "Change of Character" (ChoCh) annotations suggest a possible shift in momentum around the resistance zone. ### Potential Trade Scenarios: 1. **Bearish Rejection**: - Look for bearish confirmation signals (e.g., bearish engulfing candles, rejection wicks) around the 2,720–2,740 zone. - Short entry: Near 2,720–2,730. - Targets: 2,680, 2,640, and 2,623, in that order. 2. **Bullish Breakout**: - If the price breaks above 2,740 with strong momentum, invalidate the bearish scenario. - Look for a retest of the 2,740 level as new support for long positions. - Target: 2,770–2,800. ### Additional Notes: - **Divergences**: Check for any bearish divergences in RSI or MACD to confirm weakness near the resistance zone. - **Economic Events**: Be cautious of news or data releases that may increase volatility in gold.
OANDA:XAUUSDShort
by TRADE_CENTER_1
Gold Trend and PatternsTrend and Patterns Long-term trend: Based on the latest analysis, the XAUUSD pair shows mixed signals. On the one hand, there are forecasts for a possible rise in the gold price to $2900-$3000 levels in 2025, after which a significant drop to $1700-$1500 is expected. On the other hand, current analyses point to a possible continuation of the uptrend in the short term. Support and Resistance Levels Support: Important support levels include areas around 2607 and 2638.88 where there is buying interest. Resistance: Resistance levels include 2663, 2680.35, and a higher level around 2720, which may restrain further price gains. Indicators and Oscillators Fibonacci: The use of Fibonacci levels shows that the pair is testing pullback levels such as 38.2% and 61.8%, which may provide signals for market entry. Market Sentiment: Sentiment analysis shows that retail traders are often in long positions, which may indicate the possibility of counter-trend trading. Conclusion The XAUUSD pair has exhibited volatility typical of precious metals this year, with possible upside and downside scenarios. Strong support and resistance levels indicate potential entry and exit points for trading. It is important to keep an eye on the key levels mentioned above, as well as macroeconomic news that can significantly influence the gold price.
OANDA:XAUUSDShort
by Trade_Hive_Signals
Gold Analysis==>>Still Chance to Fall by Wedge Pattern!!!Gold ( OANDA:XAUUSD ) is moving in the Support zone($2,671-$2,653) and managed to break the Support line . According to the theory of Elliott waves , Gold seems to have completed the Double Three Correction(WXY) . In terms of Classic Technical Analysis , the Ascending Broadening Wedge Pattern is still valid , although, after the announcement of US rates , this pattern was slightly challenged. Also, we can see the Regular Divergence(RD-) between Consecutive Peaks. I think Gold will fall to at least $2,651 in the coming hours. This week, US indexes can affect the Gold trend , so be careful about your positions when the index is published. The most important economic indexes of the US this week : Core PPI m/m, PPI m/m = Tue Jan 14 Core CPI m/m, CPI m/m, CPI y/y = Wed Jan 15 Core Retail Sales m/m, Retail Sales m/m, Unemployment Claims = Thu Jan 16 ⚠️Note: If Gold goes over $2,700, we can expect more pumps⚠️ ⚠️Note: If Gold closes a 4-hour candle below 50_SMA(Daily), we can expect a break of the lower line of the wedge pattern.⚠️ 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 1-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.
OANDA:XAUUSDShort
by pejman_zwin
22
1/14 Gold Trading StrategiesTrading Strategy: SELL 2677-2684 TP 2664-2652 Resistance is located between 2677 and 2684, while support is between 2656 and 2648. On the 1-hour chart, this pullback has not broken below the support zone, so the overall trend remains bullish. During this rebound, the key resistance lies in the 2677-2684 range. If the resistance is not broken, a retest of the support becomes inevitable. Based on the current indicators and market structure, the probability of a breakout seems low. Therefore, the trading strategy is to focus on shorting around the resistance zone.
OANDA:XAUUSDShort
by China_MsWang
Gold Breakout and Retest in Play"This chart shows **gold's (XAU/USD)** price action on the **2-hour timeframe** with some key elements: OANDA:XAUUSD 1. **Break of Structure (BoS) and Change of Character (ChoCh):** - Upward trendlines marked multiple BoS points, indicating higher highs and higher lows during the uptrend. - A significant **ChoCh** occurred after the upward trendline broke, suggesting a potential shift to a bearish trend. 2. **Breakout Zone:** - The price broke below a key support area (gray box) and is now testing it as a resistance. This retest aligns with classic breakout-and-retest strategies. 3. **Projection:** - The chart suggests a bearish move as the retest is expected to hold. The blue arrow projects a potential decline in price, with targets likely around **$2,650** or lower. **Summary:** This setup indicates a bearish sentiment. If the price fails to break above the resistance zone during the retest, it could confirm the downward move. Key levels to watch are the resistance zone around $2,670–$2,680 and potential targets around $2,650 and below.
OANDA:XAUUSDShort
by TRADE_CENTER_1
WILL GOLD'S H4 WEAKNESS LEAD TO MORE PRICE DECLINE?Gold is showing weakness on the H4 timeframe with a heavy price fall below a swing low in yesterday's trading. The metal's price is now rising toward a previously created resistance level. Will there be a price rejection at the resistance level, or will the price zoom past it to create another swing high? N.B! - XAUUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #gold #xauusd
OANDA:XAUUSDShort
by BullBearMkt
XAUUSD Gold Breakdown: Massive Opportunity Unfolded!In this video, we revisit gold and analyze its recent reversal after a massive push to the 2790 area. Within our group, we capitalized on these key moves, including the break of structure at 2646 and the setup for shorts. I break it down step-by-step, from higher timeframes to the M30, highlighting how liquidity levels, volume, and resistance played a pivotal role in our entries. If you’re tired of missing out on trades like this, pay attention—these insights could be the key to improving your strategy. Stop letting the markets control you. Start mastering them. Most traders fail because they don’t recognize the signs early enough. This isn’t just another trade; it’s a blueprint for identifying high-probability setups. Are you still waiting on the sidelines while others are profiting? Watch this and decide—are you ready to finally take control of your trading journey? Stay tuned for updates on USDCHF, GBPJPY, and AUDNZD in the next videos. Don’t miss out. Watch now and transform the way you approach the market! Make sure to follow, comment, boost the post, and if you found it helpful share it with a fellow trader!
OANDA:XAUUSDShort
by BlueOceanFxAcademy
Continue to short gold after the reboundI have published today's trading strategy in the channel, although gold’s decline has started to slow and localized rebounds are emerging, I believe the overall trend has not reversed, and the downward movement is likely to continue. Therefore, I do not think this is the right time to go long on gold. Opening long positions now could result in those positions being overwhelmed by the continued bearish momentum. For short-term gold trading, I will maintain my strategy of shorting gold following any rebounds. The short-term short-selling target area mainly focuses on 2672-2682,and my target remains in the 2660-2650 range. Stay disciplined and patient in executing your trades! Bros, are you optimistic about the decline of 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!
OANDA:XAUUSDShort
by Trader_Marvin