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Gold Approaches $2,900 Per OunceGold has been one of the most prominent assets in recent sessions, recording a valuation increase of over 4% in the last five trading sessions. This surge is primarily driven by investors flocking to the safe-haven asset as concerns grow over the economic tensions generated by the White House in recent days. The global economic growth outlook has weakened due to potential tariffs on China, Canada, and Mexico, with discussions only suggesting a temporary pause that could eventually materialize. As a result, demand for gold in the short term continues to rise, keeping bullish pressure at historically high levels. Stable Trend The current strong buying bias has completely broken the previous sideways range, which was holding between $2,700 and the $2,600 per ounce floor. Currently, the historical high zone above $2,800 remains intact , but recent sharp price fluctuations could trigger short-term corrections. RSI Indicator The RSI line has shown remarkable growth, confirming that buying momentum continues to dominate gold. However, the indicator has now officially crossed into overbought territory at the 70 level , suggesting that selling pressure may momentarily take over the market, as reflected by the current bearish candle on the chart. If overbought conditions persist, downward corrections could become more relevant in the coming sessions. Key Levels $2,776: A nearby support level, aligning with the top of the previous sideways channel. This zone could act as a key level where potential short-term bearish corrections may take place. $2,900: The next tentative resistance level, representing the price gold has attempted to reach in recent trading sessions. Sustained buying pressure above this level could reinforce the bullish bias, leading to a more accelerated uptrend on the chart. By Julian Pineda, CFA - Market Analyst
FOREXCOM:XAUUSD
by FOREXcom
Gold’s Price Action: New Highs or Correction Ahead?Yesterday, gold reached yet another all-time high, slightly above 2,880. However, the price quickly dropped by 200 pips, finding support at 2,660. Since then, gold has been consolidating, but a correction appears to be looming. In the posted 30-minute chart, we can see a small head-and-shoulders pattern forming. A break below the newly established support and the neckline of the pattern could lead to a further drop to 2,640. Although trading at this stage is extremely risky, I believe gold is more likely to correct at this point rather than make a new ATH.
OANDA:XAUUSDShort
by Mihai_Iacob
10
XAUUSD OUTLOOK for today 1-28-2025.This trading chart, specifically analyzing the price movements of Gold (XAU/USD) on a 15-minute timeframe. The chart includes multiple technical analysis elements: 1. Support and Resistance Levels: A resistance zone is marked in the range of $2,751 - $2,758. A support zone is identified around $2,720 - $2,734. 2. Trend Lines and Entry Zones: An ascending trendline (blue) suggests a short-term uptrend. Two entry zones are highlighted: The upper entry zone (~$2,751 - $2,758) suggests a potential sell entry. The lower entry zone (~$2,734 - $2,741) suggests a possible buy entry. 3. Price Projections (Black Lines): The chart outlines a possible bullish breakout from the current consolidation pattern. If the price reaches the upper entry zone, a reversal (downward movement) is expected. The projection suggests a potential decline toward the lower entry zone and possibly further down. 4. Volume: The volume bars at the bottom indicate trading activity. Potential Trading Strategy Based on the Chart: Bullish Scenario: If the price sustains above the purple horizontal resistance, it could indicate further upward movement toward the upper entry zone (~$2,758). Bearish Scenario: A fake breakout at the upper entry zone could signal a sell opportunity, leading to a drop toward $2,734 or lower. This chart is likely used for short-term trading decisions, applying a combination of trendlines, resistance levels, and price action analysis. ALWAYS USE STOPLOSS AND TAKE PROFIT WHEN TRADE ACTIVE AND ALSO USE PROPER MONEY MANAGEMENT OR RISK MANAGEMENT.
OANDA:XAUUSD
by Artiverma256
XAU/USD 06 February 2025 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Analysis/bias remains the same as yesterday's analysis dated 05 February 2025 As mentioned in analysis dated 04 February 2025 that price could continue bullish to bring CHoCH positioning closer to recent price action. This is how price printed. CHoCH positioning has now changed, which is denoted with a blue dotted line. Price is trading within an internal low and fractal high. Intraday Expectation: Price to indicate bearish pullback phase initiation by printing bearish CHoCH, which is denoted with a blue dotted line. 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: Bullish. -> Internal: Bullish. Analysis/Bias remains the same as yesterday's analysis dated 05 February 2025. As mentioned yesterday, whereby it was stated that I will continue to monitor price. You will note I have marked the bullish iBOS in red. This is due to the fact price did not pull back enough to substantiate a further bullish iBOS as this would have significantly narrowed the internal range relative to rent price action. Price continues to make higher highs with current ChOCH positioning denoted with a blue dotted line Intraday Expectation: Price to indicate bearish pullback phase initiation by printing a bearish CHoCH. Alternative scenario: As H4 remains in bearish pullback phase, it would be viable to consider price targeting strong internal low, priced at 2,722.215. 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 :
OANDA:XAUUSD
by Khan_YIK
2025.02.06 XAUUSD WEEKLY OUTLOOKHello traders, During the Chinese Lunar New Year, just under a month into his presidency, Donald Trump made a series of moves regarding the US-Mexico-Canada tariff policy. First, he reached an agreement with Mexico to temporarily suspend the implementation of tariffs for a month, and then he met with Canadian Prime Minister Justin Trudeau to preliminarily establish a framework agreement for border security cooperation. However, these policy adjustments have triggered significant market turbulence, leaving investors on edge. Firstly, the tariff war presents a dual game. Trump's push for tariff policies shows two possible directions for the market: either maintain a hardline stance to gain negotiation benefits or adjust strategies under the immense pressure from Wall Street. Current market analysis generally leans toward the latter, as the recent announcement of a sovereign wealth fund by the US seems more like a signal. However, Trump's tariff strategy may be a "band-aid solution," as the source of available funds remains a complex issue in the face of a $36.2 trillion federal debt. Stabilizing the market through asset securitization could instead lead to the accumulation of leverage risks, creating long-term problems. Secondly, the balance of the supply chain network is challenged by the tariff war. One of the pillars of the North American economy is the highly integrated supply chain network among the US, Canada, and Mexico. Core industries such as automotive manufacturing, aviation, technology, and energy all rely on cross-border production collaboration. If the tariff war triggers a chain reaction leading to the disintegration of the supply chain, it could result in a wave of corporate bankruptcies and a tightening of credit. According to historical patterns of regional economic turmoil, this dynamic can easily accelerate the spread of crises. Thirdly, the resulting liquidity pressure is gradually becoming a dark cloud. Compared to the direct impact of tariff policies, the US market is facing a more dangerous undercurrent: liquidity pressure. This week, the Federal Reserve's net liquidity suddenly decreased by $250 billion, significantly raising the balance of the Treasury General Account (TGA), which led to a substantial contraction in available market funds. Meanwhile, major liquidity indicators, including Bitcoin, have shown weakness, and the bond market is under heavy pressure. The yield on the ten-year Treasury note has climbed to around 4.56%, and it may soon break the psychological barrier of 5%. The continuously rising US dollar index undoubtedly increases global funding costs, exacerbating capital inflow issues in emerging markets. Recently, gold has shown notable trends. Throughout the Spring Festival holiday, gold exhibited a strong upward trend. As of yesterday, the spot gold price reached 2880 yuan per gram, driven primarily by significant pressure for physical delivery in the COMEX market. Data shows that in January 2023, the COMEX market delivered 22,538 gold contracts, while in just the first three days of February, the delivery volume reached 40,649 contracts, with the total delivery for this month expected to approach 65,000 contracts. This figure far exceeds the previous record set in June 2020, which was 55,102 contracts. In 2020, due to a surge in delivery demand, gold prices quickly rose from $1,700 per ounce to nearly $2,100 per ounce. Currently, from a technical perspective, gold prices are facing an important resistance level at 2880 yuan per gram, and a short-term pullback may occur. However, once this level is breached, gold prices are expected to further test the weekly Fibonacci extension levels, reaching the $2900 to $3000 per ounce range. From the futures market data, the key range for the April 2025 COMEX gold contract is between $2828 and $2885 per ounce. Additionally, the 25 Delta risk reversal indicator is at 1.8, indicating a bullish market sentiment, while the concentration of call options (Call Wall) is also located at $2850 to $2880 per ounce, further reinforcing the importance of this resistance level. In the short term, looking at Thursday and Friday's gold trends, the four-hour chart suggests that gold may experience a brief adjustment, with pullback target levels as follows: TP1: 2825 TP2: 2807 TP3: 2790 GOOD LUCK! LESS IS MORE!
OANDA:XAUUSDLong
by FUNTRADER-Vera
GOLD DAILY CHART ANALYSIS MID/LONG TERM UPDATEGOLD Daily Chart Update Hello Everyone, Here’s the latest update on the GOLD daily chart we’ve been closely monitoring and trading. Below is a breakdown of recent movements and what’s next: Previous Chart Review * Key Resistance: We identified 2,790 as a critical resistance level and anticipated a potential reversal. * Buy Signal: Recommended waiting for EMA5 to cross and hold above the ENTRY LEVEL (2,744) as a signal for a bullish move toward TP1 (2,807). * Dynamic Support: Highlighted the FVG zone (2,720–2,740) as a key support area. Outcome: * EMA5 crossed above KEY LEVEL (2,744). * Resistance at 2,790 was broken. * TP1 (2,807) was successfully achieved, confirming the accuracy of our analysis. What’s Next for GOLD? * Candle Behavior: The daily candle didn’t close above TP1, suggesting a short-term reversal may occur. Key Levels: * Support: Strong support likely from the FVG zone and Gold Turn Levels (2,744 and 2,686). * Downside Risks: If EMA5 crosses and locks below 2,744, the target shifts toward 2,686. * Bullish Path: A bounce from support could retest TP1 (2,807) and further extend to TP2 (2,870.8) and TP3 (2,933.93). Recommendations Short-Term Trades: * Use smaller timeframes (1H, 4H) to capitalize on dips at the Gold Turn Levels for 30–40 pips per trade. * Focus on shorter positions in this range-bound market to avoid getting caught in volatility. Long-Term Bias: * We remain bullish and view pullbacks as opportunities to accumulate. * Buying dips from our marked levels enables us to manage swings safely, rather than chasing tops. Final Note: Trade confidently and safely. Our precise analysis ensures you’re equipped to navigate the market effectively. Stay tuned for daily updates and insights across all timeframes. Best regards, The Quantum Trading Mastery
FXOPEN:XAUUSDLong
by TheQUANTUMTraders
GOLD 12H CHART ROUTE MAP ANALYSIS FOR THE WEEK Dear Traders, Here is our 12H chart analysis and target update: Previous Chart Review: Outcome: ✅ All targets and entry levels (marked with Golden Circles) were achieved as predicted. TP1 2745 - DONE TP2 2786 - DONE TP3 2826 - DONE Market Overview: * ENTRY LEVEL: 2814 * Target TP1 successfully hit already at 2858 * GOLD is trading at an ATH of 2858, oscillating between the weighted level with a gap above 2858 and a gap below the 2814 Entry Level. * FVG are offering strong support in this range. Resistance Levels: 2858, 2903, 2948 Key Support: 2618 Support Levels (blue GOLDTURN Levels are activated): 2813 (Critical Weighted Level) 2770 (Critical Weighted Level) 2710 (Critical Weighted Level) 2664 (Major Support Level) 2618 (Lower Major Demand Zone) EMA5 (Red Line): * Currently below TP1 (2858), indicating sustained bullish momentum. * EMA5’s behavior will be pivotal in determining the next price action trajectory. Recommendations * Focus on EMA5 Behavior for further confirmation Bearish Case: * If EMA5 holds below TP1 (2858) and resistance levels remain intact, bearish momentum may drive prices to retest GOLDTURN weighted levels. * Scenario 1: If EMA5 crosses and locks below Entry 2813, expect further bearish movement toward GOLDTURN 2770. * Scenario 2: If EMA5 crosses and locks below GOLDTURN 2770, anticipate another decline toward the major support at GOLDTURN 2710. * Scenario 2: If EMA5 crosses and locks below GOLDTURN 2710, anticipate another decline toward the major support at GOLDTURN 2664. * Scenario 2: If EMA5 crosses and locks below GOLDTURN 2664, anticipate another decline toward the major support at GOLDTURN 2618. Bullish Case: Scenario 1: If EMA5 crosses and locks above TP1 (2858), the next bullish target is 2903. Scenario 2: If EMA5 crosses and locks above TP2 (2903), the subsequent bullish target will be 2948. Short-Term: * Possible Reversal at the weighted GOLDTURN levels * Utilize 1H and 4H timeframes to capture pullbacks at GOLDTURN levels. * Target 30–40 pips per trade, focusing on shorter positions in this range-bound market. * Each Level allows 30 -40 pips bounce, buy at dip level for proper risk management Long-Term Outlook: * Maintain a bullish bias, viewing pullbacks as buying opportunities. * Buying dips from key levels ensures better risk management, avoiding the pitfalls of chasing tops. Final Thoughts: Trade with confidence and discipline. Our detailed and accurate analysis equips you to navigate market movements effectively. Stay tuned for daily updates and multi-timeframe insights to stay ahead in the game. Please support us by likes, comments, boosts and following our channel. Best regards, 📉💰 The Quantum Trading Mastery
FXOPEN:XAUUSDLong
by TheQUANTUMTraders
XAU/USD 05 February 2025 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. As mentioned in yesterday's analysis dated 04 February 2025 that price could continue bullish to bring CHoCH positioning closer to recent price action. This is how price printed. CHoCH positioning has now changed, which is denoted with a blue dotted line. Price is trading within an internal low and fractal high. Intraday Expectation: Price to indicate bearish pullback phase initiation by printing bearish CHoCH, which is denoted with a blue dotted line. 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: Bullish. -> Internal: Bullish. As mentioned yesterday, whereby it was stated that I will continue to monitor price. You will note I have marked the bullish iBOS in red. This is due to the fact price did not pull back enough to substantiate a further bullish iBOS as this would have significantly narrowed the internal range relative to rent price action. Price continues to make higher highs with current ChOCH positioning denoted with a blue dotted line Intraday Expectation: Price to indicate bearish pullback phase initiation by printing a bearish CHoCH. Alternative scenario: As H4 remains in bearish pullback phase, it would be viable to consider price targeting strong internal low, priced at 2,722.215. 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:
OANDA:XAUUSD
by Khan_YIK
Gold Hits New ATH – How Much Higher Can It Go?In yesterday's XAU/USD analysis, I mentioned that a correction could occur, potentially bringing Gold down to the 2770 zone. I even opened a trade based on this idea. However, after an initial drop to the 2810 zone, Gold reversed and surged to a new all-time high. Fortunately, I had not entered a large-volume trade, and with active management throughout the day, I kept my losses minimal. Now, the key question is: How much higher can Gold go? Looking at the chart, as I previously explained, Gold has been steadily rising within an ascending channel. Yesterday, it even broke above the channel’s resistance, and at the time of writing, it is trading at 2860. In my opinion, buying at this price carries too much risk. I prefer to wait for a blow-off top and signs of weakness before considering a sell trade. For now, I am staying out of the Gold market.
OANDA:XAUUSD
by Mihai_Iacob
GOLD 1H TRADING ANALYSIS FOR THE DAY / ALL TIME HIGHDear Traders, Please seee our updated Analysis of the New Chart (5th February) Key Observations All orange circles represent previously achieved targets: Reflects accurate analysis and alignment with market conditions. In this chart TP1 (2817.55): Successfully hit. TP2 (2837.03): Successfully hit. TP3 (2856.51): Pending Resistance Levels: 2845.42 Support Levels: Key Support: 2812. GOLDTURN Levels: 2837 (critical weighted level). 2828 (critical weighted level). 2817 (next major support level). 2807 - 2812 (lower demand zone). EMA5 (Red Line): Currently above TP2 (2837), indicating ongoing bullish momentum. EMA5's position will be critical for determining future price action. Recommendations Focus on EMA5 Behavior: Bullish Case: * If EMA5 holds above TP2 (2837) and Goldturn 2837 provides support, bullish momentum will likely push the price higher to retest and achieve TP3 (2856.51). * If EMA5 cross and lock above 2856, it will determine further bullish target to 2869 Bearish Case: * If EMA5 cross and lock below 2837: Indicates bearish pressure, likely pushing the price towards Goldturn 2828. * If EMA5 crosses and locks below Goldturn 2828: Expect further decline to: Goldturn 2817 (strong demand zone and support). * If EMA5 crosses and locks below Goldturn 2817 : Expect further decline to: 2807 - 2812 (key structural support). Summary of Key Points Holding above indicates bullish momentum with potential retest of 2856.51. Breaking below leads to bearish targets at 2823, 2817, and 2807. We will continue to capitalize on buying dips using our identified support levels, aiming for gains of 30 to 40 pips per trade. Consistent with our previous strategy, each of our structured levels typically provides reliable bounces ranging from 20 to 40 pips, offering steady opportunities for short-term profits. Please show us support with likes, comments, and follow our channel. Don't forget to boost our post. The Quantum Trading Mastery
FXOPEN:XAUUSD
by TheQUANTUMTraders
GOLD 1H CHART TRADING PLAN FOR THE DAY / READ CAPTIONAnalysis of the 1H Timeframe Chart for Gold (XAU/USD) Previous Chart Review The bearish move from the ENTRY LEVEL at 2,796 reached Take Profit 1 (TP1) at 2,778, validating the support at GOLDTURN levels AT 2,778. GOLDTURN acted as a critical support level, rejecting lower prices and triggering a bullish rebound. The upward move successfully achieved: TP1: 2,798 ✅ TP2: 2,807 ✅ TP3: 2,817 ✅ Current Market Structure Key Resistance Levels: Supply Zone: 2,830.57 (Highs above TP3) Bullish targets identified at: 2,837 (TP2) 2,856 (TP3) for extended upward momentum. Support Levels: Immediate support: GOLDTURN levels at 2,813 Additional supports: 2,803 2,793 2,783 2,774 Retracement range: 2,732–2,740 EMA Analysis: The EMA5 (2,815.20) is a key pivot zone, indicating short-term trends: A break and hold above 2,817 it suggests continuation of bullish momentum. A break below it signals a possible test of support levels. Trend Analysis: Current candles reflect a potential pullback to the 2,813 level. A bullish continuation above 2,817 could confirm upward momentum toward 2,837 and beyond. A failure to hold above 2,813 may test lower GOLDTURN levels. Trading Plan: Bullish Strategy: Monitor EMA5 crossing and holding above 2,817 for: Immediate targets: 2,837, followed by 2,856. Buy dips at support levels (2,813, 2,803, 2,793) targeting 30–40 pip gains. Bearish Risks: Downside triggers include: EMA5 crossing below 2,817 leading to a test of 2,798. Sustained moves below 2,798 may target 2,744 and 2,732–2,740. Range Confirmation: Await confirmation through a break and lock above/below key levels: Bullish continuation: Above 2,837. Bearish momentum: Below 2,813. Long-Term Outlook The bullish bias remains intact, with pullbacks offering opportunities to accumulate positions. Focus remains on risk management by entering at support levels and exiting at predefined targets (20–40 pips per level). Final Thoughts Confidence and discipline are essential to navigate market fluctuations effectively. This structured approach ensures traders are prepared for both bullish and bearish scenarios. Check out further updates and multi-timeframe for more insights! Please support us by liking, comments and boosting if you think our analysis is worth it. The Quantum Trading Mastery
FXOPEN:XAUUSDLong
by TheQUANTUMTraders
Continuously breaking records, will it continue to rise?The gold price continues to run along the trend structure, the daily line continues to rise and close, the MA10/7-day moving average opens and moves up to 2788/2802, the price is on the upper track of the Bollinger Band, and the RSI indicator comes to the high value of 70 and close to 80. The price of the short-term four-hour chart continues to rise along the upper track of the Bollinger Band channel, but today we need to pay attention to the overbought divergence signal of the RSI indicator. In view of the historical high of the market's current round of super-increase, the trend of low-long trading is changed to short-term participation, and the high-altitude cooperation assists in paying attention to the band opportunities. Today's market data small non-agricultural ADP focuses on. When will the top come? Never go all out in the investment market. Relying on guessing the top all the way against the trend will only lose all your money. We still don't blindly guess the top, and only make layouts after the signal appears or the pattern appears. At present, gold has risen to a historical high of 2849. So for 2025, can gold continue to rise? What impact does the US situation have on the trend of gold? In my opinion, the gold price is just the beginning, the acceleration high point has not arrived, and the bulls still maintain the upward momentum! At present, gold 2849 is not the end of this round, because the current bullish pattern is still intact. Being afraid of bulls and guarding against risks does not mean the arrival of bears. The trend is still very strong. But in terms of position, the rise today is not much, and the pattern is still very strong. The price is still rising slowly, so it is only a matter of one step to continue to break the new high. It is recommended to buy more at the low point and continue to look at the new high! Key points: First support: 2831, second support: 2816, third support: 2800 First resistance: 2850, second resistance: 2863, third resistance: 2870 Operation ideas: BUY: 2822-2825, SL: 2814, TP: 2840-2850; SELL: 2867-2870, SL: 2878, TP: 2850-2840
OANDA:XAUUSDLong
by Jun-GoldAnalyst
1
Is XAUUSD Gold Overextended? Key Levels to Watch PLUS Trade Idea👀 👉 In this video, we take a detailed look at XAUUSD (Gold). Although the higher timeframe shows a bullish trend, the price is currently trading into resistance and appears overextended. On the four-hour chart, there’s a bearish break in structure. My overall bias remains bullish, but I’m waiting for a break above the current high, followed by a retest and rejection, before considering an entry. This is not financial advice.
THINKMARKETS:XAUUSD
by fxtraderanthony
1
Gold price short-term decrease H1 frame - soon create new ATH⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The US Dollar draws in dip-buyers after yesterday’s pullback from a two-year high, potentially preventing bullish momentum from driving further gains in the commodity. On Tuesday, the release of Job Openings and Labor Turnover Survey (JOLTS) and Factory Orders data could offer fresh support to both the USD and gold prices. ⭐️ Personal comments NOVA: Gold price is decreasing in H1 trendline, selling force is weakening, if the market continues to sweep liquidity, the BUY price zone 2781-2783 will be safe for the uptrend ⭐️ SET UP GOLD PRICE: 🔥 BUY GOLD zone: $2781 - $2783 SL $2778 SCALPING TP1: $2786 TP2: $2790 TP3: $2795 ⭐️ 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
OANDA:XAUUSDLong
by Nova-Scalper
2
Gold could start a correctionYesterday, after an intraday correction during the Asian session, OANDA:XAUUSD bulls regained control and pushed the price to a new all-time high of 2830. Since the start of the year, gold has been trading within a tight ascending channel. Given that the price touched the upper boundary of this channel yesterday, a test of the lower boundary could be expected next. At the time of writing, the price is hovering around minor support, and a break below this level could expose the 2770 zone. Despite the strong uptrend, my strategy is to sell into rallies—though this approach carries significant risk. A new all-time high would invalidate this scenario.
OANDA:XAUUSDShort
by Mihai_Iacob
3
Gold Approaches Channel Resistance with Potential PullbackGold is currently trading within an ascending channel on the one-hour chart, approaching the upper boundary near 2840. The price has shown strong bullish momentum, but the marked resistance zone suggests a potential pullback. A rejection from the upper boundary could lead to a retest of the highlighted support area around 2820. If this support holds, the bullish trend may continue, but a break below could indicate further downside movement.
OANDA:XAUUSDShort
by TRADE_CENTER_1
GOLD 12H CHART ROUTE MAP ANALYSISHello Traders, Here’s our 12H chart analysis and target updates: 📌 Previous Chart Review Key Resistance: Identified 2,790 as a critical resistance level, anticipating a potential reversal. Buy Signal: Recommended waiting for EMA5 to cross and hold above TP1 (2,745) as confirmation for a bullish move toward TP2 (2,786) & TP3 (2,826). Dynamic Support: Highlighted the FVG zone (2,745) as a key support area. 📊 Outcome ✅ All targets and entry levels (marked with Golden Circles) were achieved as predicted. ✅ EMA5 crossed above TP1 (2,744), leading to TP2 (2,786) being achieved. ✅ Resistance at 2,790 was broken. ❌ TP3 was nearly reached but reversed after EMA5 failed to cross and hold above TP2 (2,786). 🔍 What’s Next for GOLD? The daily candle closed above TP2 (2,786), but EMA5 failed to sustain above it. This suggests a potential short-term reversal. 📉 Key Levels 📌 Support: Strong support expected from the FVG zone and Gold Turn Levels (2,770, 2,745 & 2705). ⚠️ Downside Risks If EMA5 crosses and holds below 2,770, the next target shifts to 2,745. If EMA5 crosses and holds below 2,745, the downside extends toward 2,705 (Retracement Range). 📈 Bullish Path A bounce from support could retest TP2 (2,786) and potentially extend toward TP3 (2,826). 📌 Trading Recommendations 🔹 Short-Term Trades: Utilize 1H and 4H timeframes to capitalize on dips at Gold Turn Levels, targeting 30–40 pips per trade. Focus on shorter positions in this range-bound market to navigate volatility. 🔹 Long-Term Bias: We remain bullish and view pullbacks as buying opportunities. Buying dips from our marked levels provides better risk management rather than chasing tops. 📢 Final Note Trade with confidence and discipline—our precise analysis ensures you’re well-equipped to navigate the market. Stay tuned for daily updates and multi-timeframe insights. Best regards, 📉💰 The Quantum Trading Mastery
FXOPEN:XAUUSDLong
by TheQUANTUMTraders
XAUUSD: 4/2 Today’s Market Analysis and StrategyGold technical analysis Daily resistance 2850, support below 2746 Four-hour resistance 2830, support below 2800 Gold operation suggestions: Yesterday, the technical side of gold first fell and then rose, ushering in a deep V reshuffle. The European gold price continued to rise and broke through and stood near the Asian session's falling breakthrough point of 2802. The US gold price accelerated its rise in one fell swoop, breaking through the high point of 2817 last Friday and reaching near 2830. After falling under pressure, the closing gold price was near 2813, forming a bottoming and rising trend. After the overall gold price completed the extreme retracement confirmation during the day, it formed a strong bullish rebound. From the current four-hour analysis, today's lower support focuses on the 2800 integer mark. If it stabilizes at this position during the day, you can continue to buy and look bullish first. The upper short-term resistance focuses on the 2828-30 area. The short-term bullish strong dividing line focuses on the 2800 mark. Before the daily level falls below this position, continue to maintain the bullish pattern. BUY:2790near SL:2785 BUY:2800near SL:2797 Technical analysis only provides trading direction!
TVC:GOLDLong
by ActuaryJ