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.
Xauusdupdates
Xauusd target 2642 today?? Here's a summary of your updated XKD/USD trade plan:
Trade Plan
- *Entry Point*: 2607 (current)
- *Target*: 2642
- *Stop-Loss*: 2594
Market Analysis
The XAU/USD is experiencing a bullish rebound, driven by a weakening US dollar and increasing inflation concerns.
Technical Analysis
- *RSI Indicator*: The Relative Strength Index (RSI) is above 40, indicating a potential bullish reversal.
- *Moving Averages*: The 50-day moving average is trending upwards, supporting the bullish view.
- *Support Levels*: The support levels at 2594 and 2585 could provide a buying opportunity in case of a pullback.
Risk Management
- *Risk-Reward Ratio*: Your risk-Reward ratio is approximately 1:2.4, which is relatively aggressive.
- *Position Sizing*: Make sure to adjust your position size according to your risk tolerance and account size.
Stay disciplined and stick to your trade plan. Good luck!
GOLD/XAUUSD UPDATED LONGTERM VIEWHello traders, we might see a 3000 per ounce of GOLD/XAUUSD end of year or next year.
This is not a financial advice, I see on Weekly candle only but the chart is on lower timeframe.
WE wait below the zone. those previous idea still valid. if you can wait we wait the zone for LONGS.
This is only my view.
Lets see how this idea plays.
For more Longterm views on FOREX, CRYPTOS or other Currency follow for more.
youre here for free see it for yourself.
Thank you for some people still following me even thou Im not totally active on posting on charts.
Im focus on Longterm view.
ciao......
XauUsd- New leg down towards 2610 support?In my Friday analysis, I highlighted that while the 2660-2665 zone is a technical support, it is too obvious and very likely to fall.
This prediction came true as the week closed with Gold trading below this level, forming a strongly bearish daily candle.
Additionally, a Pin Bar from the 2700+ resistance zone appeared on the weekly chart, reinforcing the bearish outlook.
During the Asian session last night, the price tested the ascending trendline, and as of now, Gold is trading at 2656, hinting at a potential rebound following the 800-pip drop from its recent peak.
Looking ahead, if a deeper rebound occurs, the 2680 zone will be a key level for bears to monitor. This area presents an ideal shorting opportunity given its favorable risk-to-reward setup.
At the moment, I’m out of the market, waiting to sell into signs of weakness, with 2610 support as my target.
XAU/USD 18 December 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Analysis/Intraday expectation remains the same as analysis dated 16 December 2024.
Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase.
Price Action Analysis:
Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity,
for two possible reasons.
1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high.
2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855.
Intraday Expectation:
Intraday expectation and alternative scenario as per points 1 and 2.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Price Action Analysis:
I have been mapping systematically. Since last analysis, price has been printing erratically, printing a bearish iBOS, followed by a double bullish iBOS and most recently a bearish iBOS.
Price is trading within an established internal structure.
Intraday Expectation:
Price is currently trading at premium of internal 50% EQ and has minimally tapped in to M15 supply zone. Price is expected to target weak internal low priced at 2,642.830
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
#XAUUSD 1HXAUUSD Based on the 1-hour analysis, I am observing the resistance zone around 2660.00 and 2665.00 for potential selling opportunities.
Target levels: 2655.00, 2640.00, 2625.00, 2614.00, and 2605.00.
Key pattern: Bearish engulfing near the resistance area.
Important note: Avoid placing any pending orders at this time. Wait for strong bearish confirmation signals before entering a trade.
If the price successfully closes above 2672.00, it is recommended to avoid taking sell positions.
Gold Market Update: Indecision Dominates Ahead of FEDYesterday, OANDA:XAUUSD broke below the key confluence support at 2645.
However, the drop lacked meaningful follow-through. After reaching a local low at 2633, the price reversed and closed right at the confluence level.
As of now, gold remains virtually unchanged from Friday's close. Monday saw a spike up to 2665, while yesterday marked a dip to 2633, reflecting market indecision.
Technical Perspective:
At the time of writing, gold is trading below this critical level, currently at 2643. If the break below support proves genuine, bears will likely target the 2610-2615 zone, as highlighted in my previous analyses.
Conversely, if the price climbs back above 2655, the recent dip would be considered a false breakout, shifting the focus to the upside, with the 2680 zone as the next target.
FED's Influence:
The market awaits clarity from the Federal Reserve’s announcement and press conference today, which could provide direction for gold in the coming days.
Gold Influenced by Various Factors, Focus on The Fed's DecisionGold prices need to clear $2,664-$2,664 levels for investors to gain control of the short-term market.
From a technical perspective, any subsequent up-move might face hurdles near the weekly highs, around the $2,664-$2,666 area touched on Monday, ahead of the $2,677 area.
A sustained strength beyond the latter should allow Gold prices to reclaim the $2,700 round figure.
The up-move could extend towards the monthly swing highs, around the $2,726 zone, above which XAU/USD is likely to resume its upward trajectory.
On the flip side, the overnight swing low, around the $2,633 region, now seems to protect the immediate downside ahead of the monthly trough, around the $2,614 zone.
This is followed by the $2,600 level, which, if broken decisively, will be seen as a fresh trigger for bearish traders and make Gold prices vulnerable to extending the recent sharp decline from the one-month highs touched last week.
TRADING STRATEGY FOR DECEMBER 18 XAUUSDGold prices fell on December 17 due to:
Stronger USD (+0.1%), making gold more expensive for holders of other currencies.
Higher 10-year bond yields, increasing the opportunity cost of holding gold.
Key Takeaways from the Fed:
A 0.25% rate cut is expected on December 18, but the likelihood of further cuts in January 2025 remains low (only 18%).
US Economic Impact:
November retail sales exceeded expectations, fueling inflation concerns. This suggests the Fed may pause further rate cuts in January 2025.
Gold is strongly supported by important economic data this week. From a technical perspective, after recent sharp declines, gold has shown signs of reversal from the 2633.xx resistance area, rebounding toward 2650.xx.
Today's Main Trend: Focus on long-term buy opportunities at strong sell points. Use sell scalping strategies and observe reactions to trade more effectively.
INTRADAY TRADING STRATEGY
SELL SCALP:
Entry: 2661 - 2663
Stop Loss (SL): 2666
Take Profit (TP): 2655
BUY SCALP:
Entry: 2634 - 2632
SL: 2629
TP: 2640
BUY ZONE:
Entry: 2618 - 2620
SL: 2615
TP: ???
SELL ZONE:
Entry: 2672 - 2674
SL : 2677
TP: 2664
Go long gold near 2633 as scheduledBros, I have been suggesting that gold is likely to continue to fall to the 2635-2630 area in the past two days. At present, gold has fallen back to this area as expected. We have made a lot of money in gold short trading in the past two days! Congratulations to those friends who followed my trading strategy!
At present, the lowest price of gold has reached around 2633, so the support of the 2635-2630 area is effective in the short term, and gold has failed to fall below this area several times during the decline, so this area has become an important defensive position for bulls in the short term, so there should be some buying funds here, whether it is to seize control or to play between the long and short sides, the bulls should perform well in this range.
So in terms of short-term trading, I prefer to start long gold near 2633, and I have already done so. Moreover, there is still strong support in the 2625-2620 area below. If gold continues to fall, I will consider adding positions to long gold in the 2625-2620 area again.
Bros, I have already started to go long on gold. Are you optimistic about the rebound 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!
XAUUSD: 17/12 Market Analysis and StrategyTechnical analysis of gold
Daily resistance 2725, support below 2627
Four-hour resistance 2673, support below 2627
Gold operation suggestions: Gold is currently in a volatile situation. As for the current trend, the two consecutive days of retreat last week have basically destroyed the previous upward trend. The daily short-term moving average has also formed a suppression pattern. The previous support level is also likely to be converted into top pressure, forming a suppression effect. In terms of operation, it is still treated as a rebound short.
From the 4-hour analysis, the upper short-term resistance continues to focus on the NY market high of 2662 last Friday. The intraday pullback relies on this position to continue to be short and follow the trend to fall. Pay attention to the short-term support of 2640 below, and focus on the support of 2627.
BUY:2645near
BUY:2627near
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
XAU/USD 17 December 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Analysis/Intraday expectation remains the same as analysis dated 16 December 2024.
Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase.
Price Action Analysis:
Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity,
for two possible reasons.
1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high.
2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855.
Intraday Expectation:
Intraday expectation and alternative scenario as per points 1 and 2.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Analysis/Intraday expectation remains the same as analysis dated 16 December 2024.
Price Action Analysis:
Since last analysis dated 13 December 2024, price has printed a double bearish iBOS
Bullish CHoCH has been printed, therefore, we are now trading within an established internal structure.
Intraday Expectation:
Price has tapped in to M15 supply zone. Technically price to target weak internal low priced at 2,643.595.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
XAU/USD Strategy: Selling Rallies Amid Bearish StructureIn my analysis of XAU/USD yesterday, I highlighted that after the 800-pip drop, a rebound was likely. However, given the weekly Pin Bar and the bearish daily structure, I emphasized that any upward move should be viewed as a correction and an opportunity to sell.
Indeed, the market did see a rebound, but it was weak and short-lived. After reaching the 2665 zone, the price reversed to the downside and ended the day with minimal change.
Currently, the price sits at 2652, with the recent lows now acting as confluent support, reinforced by the rising trendline from the recent bottom. A decisive break below this support zone would shift focus to the next key level at 2610-2615.
My strategy remains unchanged: I continue to look for selling opportunities on rallies.
XAUUSD next possible move“Risk management is more important than being right.” – Ray Dalio
In trading and investing, always wanting to be right can lead to impulsive decisions and significant losses.
It’s not your ego, but your ability to protect your capital that determines your long-term success.
Risk management is like a shield: it allows you to stay in the game, even when the market goes against your predictions. Being a good trader doesn’t mean always predicting the market correctly, but knowing how to limit the damage when you're wrong.
By adopting a disciplined approach to risk, you create an environment where mistakes are not failures, but learning opportunities.
Remember, the goal is not always to win, but to stay in position to win tomorrow.
XAU/USD 16 December 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase.
Price Action Analysis:
Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity,
for two possible reasons.
1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high.
2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855.
Intraday Expectation:
Intraday expectation and alternative scenario as per points 1 and 2.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Price Action Analysis:
Since last analysis dated 13 December 2024, price has printed a double bearish iBOS
Bullish CHoCH has been printed, therefore, we are now trading within an established internal structure.
Intraday Expectation:
Price has tapped in to M15 supply zone. Technically price to target weak internal low priced at 2,643.595.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
Gold Market Weekly Analysis | XAUUSD Price action OutlookGold prices experienced a nearly 1% decline last week, largely influenced by a series of US economic data releases. Mixed signals from consumer and producer inflation reports kept markets cautious, but the lower-than-expected Initial Jobless Claims report strengthened investor confidence in a potential Federal Reserve rate cut at its December 17-18 meeting. Currently, traders are assigning a 93% probability to a 25 basis points (bps) rate reduction.
Next week promises to be eventful, with key US economic releases such as S&P Global Flash PMIs, Retail Sales, Industrial Production, and the core PCE Price Index, alongside the pivotal FOMC policy decision. These will play a critical role in shaping gold's trajectory.
In this video, I dive deep into the XAUUSD chart, breaking down technical and fundamental factors to help us navigate the upcoming trading week.
📢 Disclaimer: This video is for educational purposes only and does not constitute financial advice. Please consult with a professional before making trading decisions.
#GoldAnalysis #XAUUSD #GoldPriceForecast #FOMC #RateCut #ForexTrading #MarketOutlook
XAU / USD "GOLD vs USD" Metal Market Heist Plan on BullishHola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist XAU / USD "GOLD vs USD" Metal Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback.
Stop Loss 🛑 : Recent Swing Low using 4H timeframe
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Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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XAU / USD "GOLD vs USD" Metal Market Heist Plan on BullishHola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist XAU / USD "GOLD vs USD" Metal Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback.
Stop Loss 🛑 : Recent Swing Low using 4H timeframe
Target 🎯 : 2800.00
Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂