XAUUSD Quick possible 50 pip bounceXAUUSD 1h has managed to bounce from the support level and has grabbed 2 step liquidity and prepared for a possible move back to the upside. As daily doji formation, new daily candle open with a bullish bias and may bounce back above the daily high signaling potential daily trend continuation.
Xauusdsignal
XAUUSDGold is approaching the high of 2942 again, and may hit the 3000 mark again. It fell briefly at the double top pressure at the high of 2942 before, and took a small wave of correction. Yesterday, it rose again and approached 2940. It has been trading sideways at a high level since the opening of the market this morning and in the afternoon. Will the market form a three-top top pattern here, or will it hit the 3000 mark?
From a technical point of view, the strong in the bull market often encounters resistance. Generally, it will be tested many times and form a market that breaks and rises. The magnitude of the suppression of the decline will not be too large, so the resistance of the bull trend market is used to break the position. The probability of winning by going long with the trend is far greater than that of going short against the trend.
If you look at the three-top top pattern near 2942, the price will generally fall rapidly after touching it, and close with a long upper shadow line. Only when it meets this pattern can you see the top. But now it is obviously not. Instead, it continues to fluctuate sideways near the high point, accumulating momentum to rise. It is only a matter of time before it breaks. The probability of breaking today is very high, and it may set a new high and point directly to the 3000 mark.
You can focus on the 2930 line to be bullish. The watershed is 2924. If it falls below this position, it will be meaningless to be bullish. The upper pressure is 2950-2960. If you break the high and step back, you can see a second rise.
What are your views on gold? Welcome to share your opinions.
Attempt to find ATH again for the 3rd time - gold price down⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
US real yields, which move inversely to gold prices, rose 4.5 basis points to 2.086%, putting pressure on bullion.
Fed Governor Christopher Waller expects President Donald Trump's new trade restrictions to have only a minor effect on prices. Meanwhile, Philadelphia Fed President Patrick Harker reiterated his support for steady interest rates, noting that inflation remains high and persistent.
⭐️ Personal comments NOVA:
Gold returns to ATH 294x zone, 3rd attempt to create ATH but will continue to decrease, need more tax news in the near future
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2942 - $2944 SL $2949
TP1: $2935
TP2: $2920
TP3: $2910
🔥 BUY GOLD zone: $2901 - $2899 SL $2894
TP1: $2906
TP2: $2915
TP3: $2925
⭐️ 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 H1: Wyckoff with chart!Update for you guys from Wyckoff's perspective in Elliott wave, the price has reached 2946 as updated for you guys yesterday. Currently TPO is still in an uptrend, but when reading through the Elliott wave structure, UTAD is predicted at 2946, because when this level is reached, the new ATH price is also 5 psychological waves formed, so the possibility of "TRAP" is very high or can be understood according to Wyckoff as a UT phase or Up Thust Action, in case of sustainable increase, it is necessary to observe the test point, otherwise today it is easy to reverse at 2946, and I only trade when there is a certain confirmation, so today I will take precautions to warn you guys to pay attention, if there is an entry signal, I will notify you!.
For XAUUSD tradersHello traders
What is your take on gold?
Gold is still in an uptrend with no clear signs that the bullish wave has ended. We still expect prices to at least reach above $3,000 for some time to come.
However, on the daily timeframe, gold has entered the overbought zone, leading to the expected correction phase.
At this point, we expect prices to pull back further to lower levels before starting a new bullish move.
Be patient and look for the right buying opportunities.
Monitor the price reaction to support levels to determine the best entry point.
The overall trend remains bullish and the current correction may provide a good re-entry opportunity.
What is your take on gold? Do you think the $3,000 target is achievable?
Comments are welcome for communication
Golden Strategy for Stable ProfitsFrom the daily level, the gold price has successfully stood above the 5-day moving average and the 10-day moving average (MA5, MA10), and closed with a positive line. In the case that the current moving average has not been effectively broken, based on the strong state of gold, there is still the possibility of further rise in the future. If the daily line can close with positive lines continuously, the room for growth is expected to gradually open up.
In the 4-hour chart, gold is currently in a slow rise. Judging from the current trend, the bull market pattern has not been destroyed. The daily line maintains a unilateral rise, and the MA5-MA10 moving average maintains a golden cross upward; the weekly line has risen sharply for seven consecutive days, strongly opening up the upper Bollinger track space, and the bullish sentiment is high. Since it has successfully broken through and stabilized the key point of 2906 today, the intraday situation is strong, and the operation still maintains a bullish idea of callback, and pay attention to the pressure near 2940 in the evening.
Short order strategy:
Short gold rebounds near 2940-2942, target near 2930-2920, break to see 2910 line;
Long order strategy:
Strategy 2: Long gold pullback near 2906-2910, target near 2920-2930, break to see 2940 line;
Is the gold bull market still going on?From the daily level, the gold price has successfully stood above the 5-day moving average and the 10-day moving average (MA5, MA10), and closed with a positive line. In the case that the current moving average has not been effectively broken, based on the strong state of gold, there is still the possibility of further rise in the future. If the daily line can close with positive lines continuously, the room for growth is expected to gradually open up.
In the 4-hour chart, gold is currently in a slow rise. Judging from the current trend, the bull market pattern has not been destroyed. The daily line maintains a unilateral rise, and the MA5-MA10 moving average maintains a golden cross upward; the weekly line has risen sharply for seven consecutive days, strongly opening up the upper Bollinger track space, and the bullish sentiment is high. Since it has successfully broken through and stabilized the key point of 2906 today, the intraday situation is strong, and the operation still maintains a bullish idea of callback, and pay attention to the pressure near 2940 in the evening.
Short order strategy:
Short gold rebounds near 2940-2942, target near 2930-2920, break to see 2910 line;
Long order strategy:
Strategy 2: Long gold pullback near 2906-2910, target near 2920-2930, break to see 2940 line;
XAUUSD: short or buy? How do you choose!There is no major news that has impacted the market, and the three-party talks have not ended yet, so potential uncertainties still exist. This makes the current traders face a choice, whether to go long or short? After all, it is related to the growth and decrease of the balance.
From the technical point of view, there are signs of retracement. From the SMA, the momentum is not strong and relatively weak. On the contrary, the price continues to run in the range of SMA20-SMA50, which shows that the bulls are still relatively strong compared to the bears. The short-term support conversion point 2930 needs to be paid attention to. As the watershed between buying and selling.
Comprehensive trading plan: At present, the price is still trading sideways at a high level. The uncertainty of the news has added some mysterious power to the bulls. Jack believes that the short-term trend of XAUUSD will still rise again after testing the support at a low level, so going long is the first choice.
2928 is a stable buying position. Aggressive friends can choose to buy in advance at 2930-2933. Add a buy order again after XAUUSD falls back.
The target position is set at 2945-2950. The increase range is about 12P-22P.
The stop loss position is set at 2920.
Remember to set a take profit and stop loss in the transaction. Trading is not a one-time transaction, but more like a long-term career in balanced development. So don't let yourself take greater risks. Be sure to pay attention to this issue. ⚠⚠⚠⚠⚠⚠
Remember to like it after reading it. Everyone is welcome to leave your comments in the comment section. Do you support long or short positions?
gold on sellGold (XAU/USD) has retraced above $2,941, reaching a new all-time high (ATH) at $2,947. Currently, we are watching for a pullback above $2,943, which could signal a bearish continuation.
Key Resistance: $2,947 (ATH)
Bearish Confirmation: A rejection from $2,943 could push gold lower.
Sell Entry: Below $2,943 with a target at $2,911.73 or lower.
Stop Loss (SL): $2,950 to manage risk.
Breakout Zone: Below $2,928 could trigger further downside momentum.
Gold Bulls Are Insatiable—Is a Breakout Above 2940 Next?Yesterday, Gold continued its rebound from Friday’s sell-off. Although I expected a new leg down from my 2920-2925 sell zone, the price exceeded that level and retested the all-time high zone for the third time in just eight days.
This type of price action—strong reversals after a sell-off—could indicate that bulls are not done yet, making a breakout above 2940 likely.
At this point, I’ve cut my losses and exited the market, waiting to see if the price confirms the potential for a new all-time high this week.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Correction down - gold under selling pressure⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The World Gold Council (WGC) reported that central banks bought over 1,000 tons of gold for the third year in a row in 2024. After Trump's election win, central bank gold purchases jumped by more than 54% year-over-year, reaching 333 tons, according to WGC data.
Meanwhile, futures on money market Fed funds rates suggest the Federal Reserve is expected to cut rates by 38.5 basis points in 2025.
⭐️ Personal comments NOVA:
Gold price recovered to the h1 trendline area, will continue to be under selling pressure, trading below 2900
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2923 - $2925 SL $2930
TP1: $2918
TP2: $2910
TP3: $2900
🔥 BUY GOLD zone: $2855 - $2857 SL $2850
TP1: $2862
TP2: $2870
TP3: $2880
⭐️ 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 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.
XAUUSD: BUYThe momentum above is strong, and the New York market is about to close, so the increase still needs to be driven by the Asian market. Today's highest price is 2936. If XAUUSD falls back to 2933-2930, I think this is the last time to buy before the market closes, just as the reason for buying below 2900 mentioned before the market closes yesterday is the same. The price of XAUUSD still has a lot of room to rise. Subsequent markets are needed to show the increase on the chart. If you didn't see what I posted yesterday and didn't follow it, then remember not to miss such an opportunity today.
XAUUSD: Buy gold again to get excess profitsBefore the market closed yesterday, the continuous announcement of the recommendation to buy XAUUSD below 2900 began. As of now, the gold price has risen to 2933. For those who pay attention to trading opportunities and execute buy orders, this is a good profit.
At present, the price of gold is around 2932. I think the momentum of gold's short-term rise is still very strong. Before that, when the price of gold fell back to 2916 and 2925, buying opportunities were released respectively. I believe that many people followed the precise instructions and made good transactions.
If you continue to hold a buy order, don't worry about continuing to hold it. If you are still on the sidelines, you can buy at the current price and wait for the rise of XAUUSD. The target is to close near 2940 and then lock in profits.
If you are a short trader, you can sell XAUUSD near the high pressure position above 2940 and wait for a technical pullback. You can leave me a message at any time if you have any questions. I will reply in time when I see it. If you don't want to miss any real-time news. It is best to keep paying attention to avoid missing important trading opportunities and regret it.
Gold in Correction Mode – How Low Can It Go!?As I expected in the previous post , Gold ( OANDA:XAUUSD ) started to decline from the Potential Reversal Zone(PRZ) and with good momentum .
Gold is moving near the Resistance zone($2,916-$2,905) and the 100_SMA(1-hour) . 100_SMA(1-hour) was an important support for Gold so that every time Gold hit this moving average, it started to increase.
Also, Gold's movements seem to be corrective since the market opened .
According to the theory of Elliott waves , it seems that Gold is in Corrective Waves , and according to Gold's falling momentum , it is possible that Gold will have a Zigzag Correction(ABC/5-3-5) in front of it.
In addition, if you look at the Gold chart in the 4-hour or Daily time frame , you will notice that there is a possibility of Adam & Adam Double Top Pattern(AADT) .
I expect Gold to attack at least the Support zone($2,890-$2,879) in the coming hours, and if this zone breaks , we should wait for Gold to drop to at least $2,865 .
Note: If Gold can go above 100_SMA(1-hour) again, or rather, if Gold touches $2,920, we should expect more pumps.
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.
Gold short term recovery, bulls try⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
US real yields, which typically move opposite to gold prices, fell by four basis points to 2.039%, providing support for XAU/USD.
Meanwhile, the World Gold Council (WGC) reported that central banks acquired over 1,000 tons of gold for the third year in a row in 2024. Following Trump’s election victory, central bank purchases soared by more than 54% year-over-year, reaching 333 tons, according to WGC data.
⭐️ Personal comments NOVA:
Short recovery at the beginning of the week, still in the accumulation process, no important news, gold is not affected too much
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2916 - $2918 SL $2921 scalping
TP1: $2912
TP2: $2907
TP3: $2900
🔥 SELL GOLD zone: $2940 - $2942 SL $2947
TP1: $2930
TP2: $2920
TP3: $2910
🔥 BUY GOLD zone: $2878 - $2880 SL $2873
TP1: $2885
TP2: $2892
TP3: $2900
⭐️ 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:Buy XAUUSD again. Major positive pushAfter the last XAUUSD transaction reached the target position. Prepare to buy XAUUSD at a low position again to make a profit.
Observe the 30-minute chart combined with SMA. The short-term momentum of 2936 is very sufficient. Aggressive traders can choose to buy near the current price of 2927. Conservative traders can choose to buy below 2925.
Long xauusd again made a big profitAfter the last transaction, the order successfully reached tp. The trader who followed made a good profit on the last transaction because the increase was more than 30 p.
The current position of gold price is around 2930, facing the upper pressure level. Combining technical indicators and trend lines to judge that the short-term gold price will be blocked and then sharply corrected and fell.
The upper pressure level that needs to be paid attention to is around 2940.
If you are concerned about when the gold price will fall and have seen this article, then you can consider following the trading plan to short.
Xauusd: Sell, 2930. Sl2945. Tp2900.
Gold–A Bullish Revival or Just a Correction After Friday's Drop?Yesterday was a very quiet day for TRADENATION:XAUUSD traders.
After a normal rebound from the 2880 support, the price hovered around 2900 in a low-volatility environment.
Overnight, bulls found some strength and pushed the price to a high of 2916. At the time of writing, Gold is trading around 2910.
In my view, this is merely a correction following Friday’s sharp drop, not a resumption of the bullish trend. As I mentioned yesterday, I am looking to sell rallies.
My idea would be invalidated by a daily close above Friday’s high.
As for the target, in the medium term, we could see the price drop to 2850.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Gold strategy, this week's target is 300%Today, the international gold price continued its upward trend, with spot gold hitting a high of $2,912.31 per ounce, up 0.51% from the previous trading day. This rise was mainly driven by multiple factors, including the weakening of the US dollar index, rising geopolitical risks, and continued gold purchases by global central banks. Institutions such as Goldman Sachs have raised their gold price forecasts to $3,100 per ounce by the end of 2025, and even believe that if policy uncertainty intensifies, it may reach $3,300 per ounce.
The situation between Russia and Ukraine remains the focus of the market. The US-Russia talks held in Saudi Arabia may have a direct impact on the situation. If the negotiations break down or the conflict escalates, the safe-haven property of gold will be further highlighted.
The recent US tariff policy and trade war concerns continue to ferment, pushing investors to turn to gold to hedge risks.
Pattern analysis:
Resistance level: The upper resistance during the day is concentrated in the range of 2916-2920 US dollars. If it breaks through, it may test 2940 US dollars (previous high point).
Support level: The lower support is at 2880-2872 US dollars. If it falls below, it may trigger a short-term correction.
It is recommended to continue to operate in the range, short at highs and long at lows, and do not blindly place orders in the middle
I am a professional trading analyst. I hope my analysis is helpful to you. You can also click on my link.
XAUUSD:Continue to increase the buying power of XAUUSDYesterday emphasized the purchase of xauusd below 2900 points before the market closed. After the London market started today. XAUUSD perfectly reached the target range and closed the order to lock in profits.
Now the buying opportunity comes again. XAUUSD is about to rise sharply, which will be shown on the chart in the London market or the New York market.
BUY:2911.5
TP2921.5
SL2900
If you don't know how to trade correctly. Then start with this buy order.