Stick to shorting goldDear Traders,
As I clearly mentioned in my previous post, we could short gold in the 2920-2930 resistance zone, and as expected, gold retraced to the target zone I anticipated: 2910-2900. Our short position thus yielded a significant profit.
Currently, gold has bounced off the 2910-2900 support zone and has moved back up to around 2920. However, gold has been repeatedly rejected near 2920 and has not broken higher, confirming that the 2920-2930 zone is providing effective resistance. From a technical perspective, if gold forms a triple top pattern at this level, it could likely experience another downward correction and retest the 2910-2900 support zone.
Therefore, for short-term trading, we can continue to short gold at the 2920-2930 resistance zone.Bros, do you have the courage to short gold with me? 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!
Xauusdsignal
Gold to $3,000? Key Levels to Watch-XAU/USD AnalysisGold has been on a tear lately, pushing up towards $2,942, and the big question now is: Do we see a pullback, or is $3,000+ on the horizon?
Here’s what I’m watching:
🔹 $2,942 – Key resistance level. If we break above, momentum could take us straight to $3,000.
🔹 $2,875 – A potential pullback zone where buyers might step in before another leg up.
Markets are moving fast, and this could get interesting. Are you bullish or bearish on gold right now? Drop your thoughts below! 👇
Kris/Mindbloome Exchange
Trade Smarter Live Better
XAUUSD - Possible Long Trade?Here is our quick view and update on XAUUSD . Potential opportunities and what to look out for. This is a quick overview on the pair.
XAUUSD is currently trading at around 2900s .
As the price on XAUUSD has failed to break below 2880 , we are still overall bullish on OANDA:XAUUSD and due to this reason, and yesterdays news and statements, we are looking for further buys on the pair. Possible buys from this smaller KL (Key Level) at around 2908 with potential 2950 as a new ATH (All Time High) for our target. Stops would be around 2892 . Keep in mind we might get deeper pullbacks and further buys. This trade is only valid if we stay above 2910 .
PARAMETERS
- Entry: 2908
- SL: 2892
- TP: 2950
Personal opinion:
XAUUSD has tried to break below 2880 and failed. Due to this reason from a TA (Technical Analysis) point of view, we are still bullish on gold. Golds drop yesterday was also faded out due to inflation. As Powell was speaking and said that the Fed is in no rush to cut rates faster.
KEY NOTES
- XAUUSD failed to break below 2880.
- Breaks below 2892 would result in deeper pullbacks.
- XAUUSD remains bullish.
Happy trading!
FxPocket
Gold has made a profit of 180% this weekGold is still oscillating from the chart. The four-hour oscillation is biased towards the long side, but there are still two strong pressures on the upper side. The hourly chart is under pressure and needs to be repaired. From the psychological level and normal thinking of retail investors, after yesterday's Jedi counterattack, today must be dominated by longs. Some are waiting for more pullbacks, but from this operation, one is that if the pullback does not reach the ideal position, it will go directly up, and the other is that if the pullback is definitely a pit, it will be safer from a strategic point of view to go short first and then long! On the whole, today's short-term operation strategy for gold is to focus on long positions on pullbacks and short positions on rebounds. The short-term focus on the upper side is the 2928-2930 resistance line, and the short-term focus on the lower side is the 2889-2900 support line.
XAUUSD: The latest trading opportunities for gold pricesThe plan shared earlier on how to trade gold prices. Overall, it is in line with expectations. Those who follow the transaction have made good profits.
The current position of gold prices is around 2918. Ultra-short-term trading opportunities can continue to focus on buying, 2910 can be used as a short-term support reference, and the position above 2936 can be used as a short-term reference pressure level. Aggressive traders can buy at the current price, conservative traders can refer to the buy position near 2910. SL2890.
XAUUSD TODAY'S MAPPING IS HERE Hello Guy's Welcome To Another Day Of TRADING
Here we are mapping chart of XAUUSD ( GOLD ) in 15-M TF
Ascending triangle pattern: Trendlines indicating higher lows and a horizontal resistance level.
Breakout and retest: The price has broken above the resistance and appears to be retesting the breakout level.
Trade setup:
Entry Level: Near the breakout retest point.
Take-profit: Near 2951
Stop-loss: Around 2900
This analysis indicates a bullish sentiment, expecting gold to rise further if the breakout holds.
Gold is still strong, continue to go long on pullbackYesterday, gold fluctuated downward in the Asia and Europe sessions. In the evening, the price fell to a low of 2864 and then started to counterattack. As of today, it reached a high of 2918. Judging from yesterday's trend, the first half of the session was intact, and there was a Jedi counterattack in the evening. At the same time, today's rebound high, judging from the current market, the daily chart shows signs of a V. Yesterday's bottoming out and rebound directly limited the extent of today's adjustment, so today is still a shock, and it is expected to bottom out and rebound to hit the second highest point.
Obviously, the short-term is still very strong, but the focus on the upper side is the suppression of the 2925-2930 area. If it breaks through, it is likely to break a new high. If it encounters resistance, it is expected to retreat again in the short term, but the strength of the retreat also determines whether it will break a new high or stop and usher in a correction. These are all details, strength and amplitude, which have already determined the nature of the market. Although it cannot break through 2930 today, the strength of the retreat is very limited and it is in a high sideways state. Then, next, it is likely to break a new high again and hit 2980-3000.
The next operation suggestion is more direct at 2910/2908, looking at 2920,2930.
Gold rebounded from bottom, trend remains unchangedGold has experienced a roller coaster-like V-shaped bottoming out and rebounded, reaching the lowest level of 2882. It is currently rebounding. We have placed a long position at 2883 and have already taken profits. Gold is now fluctuating above 2900. We continue to focus on the short-term support of 2890-96. We would like to remind everyone that today's correction is not a market reversal. We will continue to look for opportunities to go long after adjustments.
Judging from the current 4-hour gold trend, gold is currently fluctuating at 2903. We focus on the support of 2896-2890 below and the short-term suppression of 2920-2927 above. After all, bulls have dominated the trend recently. In terms of operation, we continue to focus on looking for opportunities to go long when the price falls back.
Gold operation strategy:
1. Go long when gold falls back to 2890-2896, stop loss at 2881, target at 2920-2925; continue to hold if it breaks!
100% Profitable Gold Trading StrategySupport and pressure levels of gold in each cycle:
Weekly support level of gold is 2715.00, daily support level of gold is 2772.00, 4-hour support level of gold is 2901.00
Today's recommendation: Buy gold in 2905.00, target 2920-2925.
Share the most accurate market analysis every day, hope it helps you
Gold- Is the correction over?Yesterday, gold dipped to a low of 2864; however, this drop was quickly reversed as bulls took control, pushing the price back above 2900. This raises the question: is the correction over?
The daily candle formed a Pin Bar, which could be a strong indication that the correction has ended.
Currently, the price is trading around 2913, with the key support level for bulls at the 2890 zone . As long as the price remains above this level, we can expect the uptrend to continue, potentially leading to a new all-time high.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Gold Alert: Testing 2881 Risk Zone!Gold at a Crossroads: Awaiting Key Triggers
XAUUSD is navigating a critical juncture, testing a pivotal risk zone that could dictate its next major move. From this level, we either witness a trend continuation or a deeper corrective phase.
Key Drivers: CPI Data & Policy Uncertainty
All eyes are on the upcoming US CPI report, which could inject fresh momentum into the market. Inflation figures will play a decisive role in shaping expectations for the Federal Reserve’s next steps, influencing both gold and the broader financial landscape.
Meanwhile, geopolitical and economic uncertainties add complexity. The Wall Street Journal reports that the Biden administration is preparing new tariffs, which could introduce fresh volatility and global economic risks. At the same time, Fed Chair Jerome Powell has signaled a cautious stance, reinforcing expectations of only a single rate cut in July. This has pushed bond yields higher, creating additional headwinds for gold.
Technical Outlook: Key Levels to Watch
Resistance: 2898, 2910, 2929
Support: 2881, 2870, 2855
Potential Scenarios:
🔹 Bullish Case: A false break below 2881 could signal ongoing bullish momentum. If buyers defend the 2881 – 2885 zone, gold may stage a rally towards 2930 – 2950 in the short to medium term.
🔹 Bearish Case: A decisive break and consolidation below 2881 could trigger a wave of liquidation, driving prices lower towards 2855 – 2848.
Market Sentiment: A Stalemate Before the Storm
With crucial news ahead, the market is at a tipping point. Whether gold surges or sinks depends on inflation data, Fed policy clarity, and potential tariff developments. Traders should brace for volatility as these catalysts unfold.
Gold Price Analysis February 12⭐️Fundamental Analysis
Asian and European traders were cautious ahead of Fed Chairman Jerome Powell's remarks to Congress. Powell said he was in no rush to adjust monetary policy and wanted to see more progress on inflation, saying the economy was in a "pretty good place." His remarks helped stabilize financial markets, helping Wall Street trim losses and the dollar recover.
Powell will continue his testimony on Wednesday, and investors are also awaiting January CPI data, which is forecast to have risen 2.9% year-on-year, with core annual growth of around 3.1%.
⭐️Technical Analysis
Gold is accepting the 2941 area as a top, and the decline has created quite clear structures. 2873-2871 is an important support zone in pushing gold prices to increase again. If gold prices cannot close the h4 candle above 2890, it will be considered a confirmation of a dow breakout and a downtrend wave that can extend to 2833. In the direction of gold going up again, 2807 and 2827 will be the zones that the SELL side will pay attention to in order to participate in the market.
Accumulated below 2900, in early uptrend⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) remains under slight pressure for the second consecutive day but holds steady just below $2,900 during the Asian session on Wednesday. A modest uptick in the US Dollar, following Fed Chair Jerome Powell’s hawkish remarks, weighs on the metal. However, concerns over the economic impact of President Donald Trump's trade tariffs and rising global trade tensions continue to support gold’s safe-haven appeal.
Investors remain cautious ahead of the latest US consumer inflation data, set for release later today. This key report will shape expectations around the Fed's rate-cut trajectory, influencing USD demand and gold's next directional move. Despite Tuesday’s sharp pullback from the $2,942-2,943 region, uncertainty surrounding Trump’s policies suggests caution before betting on further declines or a new record high.
⭐️ Personal comments NOVA:
Moving stably around 2900, gold accumulates and waits for an opportunity to continue increasing in price. The US tariff situation is still very tense.
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2942 - $2944 SL $2949
TP1: $2935
TP2: $2922
TP3: $2910
🔥 BUY GOLD zone: $2835 - $2837 SL $2830
TP1: $2842
TP2: $2850
TP3: $2860
⭐️ 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
Gold Price Analysis: Is a Deeper Pullback Coming?Since the beginning of the week, I have been writing that although the overall trend remains bullish, Gold is due for a correction.
Indeed, after a blow-off top to a new all-time high of 2943, the price started to decline and reached the confluence support zone at 2885.
At the time of writing, the price has returned to this support level, and there is a high probability of a break below this level, leading to a continuation of the correction.
In such a scenario, traders could anticipate a test of the 2840 support zone.
My strategy is to look for selling opportunities on rallies above 2900.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
price on sideways#XAUUSD price have been declining between 2894-2887, now possible sideways is overtaking because the candlestick movement is repeating. Now we await for double breakout above 2909 for bullish, TP 2940-2950,SL 2900. Below 2881 have bearish but its won't last long, Tp 2876-2870,Sl 2886. Below those zone have bullish retracment.
Gold plunges, can it break the upward trend?Gold finally fell on the daily line. After setting a record high of 2942 yesterday, the RSI indicator showed an overbought price for the first time and returned to the lower limit of the Bollinger Band. The latest MA10/7-day moving average stopped at 2875/2853, and the daily line began to fall and adjust. The four-hour chart and the hourly chart moving average are glued together, the hourly chart Bollinger Band is flat, and the RSI indicator turns downward and is below the central axis. The trading is based on a wide range of fluctuations during the day.
If the US market meets the negative expectations of CPl data, the band decline is likely to be established, and you can continue to pay attention to the layout of the band short opportunity. If the data does not meet expectations and forms a significant positive, you need to pay attention to the second test of the previous high of the gold price. At present, the daily line has turned downward, and the main idea during the day is to sell at a high price and wait for adjustments.
Recently, due to the resurgence of the trade war, the market's risk aversion has pushed gold to continue to refresh historical highs. The technical side shows a long arrangement, and there is no historical reference pressure. Therefore, the trend judgment is more about paying attention to some real-time signals in the market in a timely manner. The short-term indicators are seriously overbought, and there is a need for adjustment. This decline is also beyond expectations! Therefore, the next operation idea is very clear. Relying on the daily defensive moving average to go long, and breaking the position to go short and bearish.
From a short-term perspective, gold has also entered the stage of adjustment, but the adjustment is also very beneficial to our later layout, because only adjustment can better buy! At present, the gold price has reached the support of the moving average, and the price is also staying near the 2881 line. The short-term adjustment obviously feels the support below. For this, the gold adjustment market will gradually come to an end, and the rising wave will follow!
Key points:
First support: 2882, second support: 2861, third support: 2844
First resistance: 2913, second resistance: 2926, third resistance: 2942
Operation ideas:
BUY: 2878-2881, SL: 2869, TP: 2900-2920;
SELL: 2918-2921, SL: 2929, TP: 2890-2880;
Short term bearish H1 - bears will continue to push price up⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The US Dollar climbs to its highest level in over a week as expectations grow that Trump's protectionist policies could drive inflation higher, pushing the Federal Reserve to maintain its hawkish stance and keep interest rates unchanged.
A stronger USD, coupled with overbought conditions on the daily chart, leads to some profit-taking on XAU/USD as traders adjust positions ahead of Fed Chair Jerome Powell's congressional testimony.
⭐️ Personal comments NOVA:
In the context of current world trade tensions, gold continues its upward trend, possibly above $3000 in February 2025.
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2929 - $2931 SL $2934
TP1: $2925
TP2: $2920
TP3: $2915
⭐️ 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