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XAUUSDHere is our in-depth view and update on XAUUSD . Potential opportunities and what to look out for. This is a long-term overview on the pair. Alright first, let’s take a step back and take a look at XAUUSD from a bigger perspective . For this we will be looking at the H4 time-frame . XAUUSD is currently trading at around 2650s . Our scenarios stay the same. Let’s take another look at them with more in-depth outcomes. Scenario 1: BUYS We broke above 2660. That would confirm continuation buys and we would have to keep our eye out on our next KL (Key Level) at around 2714 . Scenario 2: SELLS We respected our KL (Key Level) 2660 and have not broke above it. We are now targeting breaks of 2590 and revisits of 2530 . If 2530 is to be broken, we could easily see our next Key Level sitting at 2480 . Personal opition: The direction for now is unclear until we break our mentioned key levels. Be patient and stay tuned for possible scalps on this pair. Be extremely careful if we revisit 2660. KEY NOTES - XAUUSD breaking above 2660 would confirm buys UP TO 2714. - XAUUSD failing to break above 2660 would confirm sells. - Breaks below 2604 would result in sells, down to 2550 and 2530. - If 2530 is broken, we can see our next KL (Key Level) 2480. Happy trading! FxPocket
FOREXCOM:XAUUSD
by FxPocket
Gold Market Analysis 12/11The ideal target of 2687 has been achieved, and the price has now moved above 2690. Currently, the 2693-2704 region faces significant selling pressure, which is expected to cause a short-term pullback. However, from the 1D chart perspective, the overall trend remains bullish, indicating that this pullback is a release of pressure rather than a change in trend. Short-term support is at the 2678-2673 range, and if the price retraces to this level, it could attract renewed bullish momentum. Therefore, the recommended trading strategy is as follows: consider shorting above 2690 for a quick trade, and look to go long if the price drops below 2680, with targets remaining at higher levels. As always, ensure proper risk management and closely monitor market movements.
OANDA:XAUUSDLong
by TradingGuide_Dean
Xauusd target 2716 enerty point 2695Here's a summary of your updated XAU/USD trade plan: Trade Plan - *Entry Point*: 2695 (current) - *Target*: 2716 - *Stop-Loss*: 2683 Market Analysis The XAU/USD is experiencing a strong bullish trend, driven by a weakening US dollar, increasing inflation concerns, and geopolitical tensions. Technical Analysis - *RSI Indicator*: The Relative Strength Index (RSI) is above 60, indicating a strong bullish momentum. - *Moving Averages*: The 50-day and 100-day moving averages are trending upwards, supporting the bullish view. - *Support Levels*: The support levels at 2683 and 2675 could provide a buying opportunity in case of a pullback. Risk Management - *Risk-Reward Ratio*: Your risk-reward ratio is approximately 1:3.3, 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!
CAPITALCOM:GOLDLong
by Geroge_Fx
XauUsd target done. What's next?As expected, the 2655–2660 resistance zone gave way, and after a confirmed breakout, OANDA:XAUUSD moved higher, surpassing the initial target of 2685 and hitting a local high above 2700. The price then formed a double top around the 2704 level (5m chart) before entering a normal correction phase. During this pullback, it tested the 2675 zone, which held as a strong support area due to its confluence. Currently, Gold is showing signs of resuming its upward trend and is trading around 2693. My outlook remains bullish as long as the 2670–2675 support zone holds. For now, buying during dips remains the best strategy. If the price can break back above 2700, the next key resistance to watch is at 2718.
OANDA:XAUUSDLong
by Mihai_Iacob
1
Gold Rally Continues as CPI Data Set to Drive the Next MoveCurrently, the gold market is supported by escalating geopolitical tensions and the strong market expectation of an interest rate cut by the Federal Reserve next week. Gold prices have now approached the $2700 level. From a technical perspective, gold has broken above the 50-day moving average, with the Relative Strength Index (RSI) showing a bullish signal, indicating strong upward momentum. The U.S. Consumer Price Index (CPI) for November will be released in two hours, and this report could significantly influence the Federal Reserve's interest rate decisions at their meeting on December 17-18. If the U.S. CPI data comes in weaker than expected, it may strengthen the market's expectation of Fed rate cuts in the coming months, which would push gold prices higher towards the November 25 high of $2721. Therefore, gold's short-term direction will largely depend on today's CPI data, and I believe the data will be supportive for gold prices. Today's Strategy: Long Position on Pullback: Consider going long if gold retraces to the 2690-2695 region, leveraging the current technical setup and market sentiment. Wait for CPI Data: It is advisable to await the release of CPI data and adjust positions based on market reaction. Disclaimer: The above analysis is for informational purposes only. All trading decisions should be made with strict risk management and without over-leveraging.
OANDA:XAUUSDLong
by Falcon-Training-Camp
XAUUSD: Last Idea Gave Us 940+ Pips, What about Next?Dear Traders, Hope you are doing well, our last entry moved well and better than what we had expected, due to that reason mainly and how price have moved and its behaviour gave us indication of bullish continuous dominance that will take price upwards of 2790$ region one more time before it reverse. Remember our bias will change depending on how price moves so if you see a different bias do not be shocked or confused. Please refer to the time when the chart was published. Good luck.
OANDA:XAUUSDLong
by Setupsfx_
15
Comprehensive analysis and trading strategies for goldCombined with the hourly chart trend, it can be seen that the gold trend was repeatedly pulled and fluctuated during the Asian session on Monday and Tuesday, indicating that the sentiment in the Asian session was very cautious. However, once it came to the European and American sessions, the market speculated on risk aversion in a disorderly manner, resulting in the market continuing to rise abnormally. The unconventional technical trend requires that this trend rhythm is very difficult to judge, because the risk aversion sentiment is indeed impossible to track and quantify. Today, gold opened higher again. It is obvious that the sentiment in the Asian session is no longer cautious and has become emotional, which will increase the uncertainty risk in the short term. The risk of fundamental changes during the European and American sessions today has increased. In addition, the US CPI number will be released tonight, and the short-term rising channel of gold on the hourly chart has also reached the end. Therefore, it is necessary to guard against the risks brought by the shift in the market focus today. In terms of operations, given that the market is disorderly taking advantage of the geopolitical situation to speculate on risk aversion, market sentiment is very irrational, and with the release of the US CPI data tonight, we must also prevent the market focus from shifting from risk aversion to the impact of the Federal Reserve's interest rate policy. Therefore, gold still retains the risk of falling under pressure at any time during the day, but under the influence of emotions, it is difficult to judge how much it can rise. On the upside, we can pay attention to the pressure near 2710-2720, and on the downside, we can pay attention to the support retracement of 2690-2685 and 2677-2675.
OANDA:XAUUSD
by ckb6ckb6
Gold falls back and continues to go longThe bulls are still strong now. However, the decline has not continued and now it has rebounded to around 2700. From the current trend, the bulls are still strong, MA5-MA10 moving average maintains a golden cross upward, and the upper track of the Bollinger band shows signs of opening. The key now is whether the 2700 mark can be broken through and stabilized. If it stabilizes, it will test the previous huge Yin high point of 2720; otherwise, it will fall again under pressure at the 2700 mark. The 1-hour moving average of gold continues to form a golden cross and diverge in an upward bullish arrangement. The decline of gold is an opportunity to go long. Gold fell to the lowest point of 2675 today and then bottomed out and rebounded. Gold fell back to 2675 in the afternoon and continued to go long on dips. Gold can continue to go long if it falls back to around 2680.
OANDA:XAUUSD
by ckb6ckb6
XAU/USD 11 December 2024 Intraday AnalysisH4 Analysis: -> Swing: Bearish. -> Internal: Bullish. Bias/analysis remains the same as analysis dated 25 November 2024. Price Action Analysis: As mentioned in yesterday's analysis dated 24 November 2024, whereby price was expected to print a bearish CHoCH. This is how price printed. Currently, price is trading within an established internal range. Intraday Expectation: Price is anticipated to trade down to either discount of internal 50% EQ, which is marked in blue, or H4 demand zone before targeting weak internal high priced at 2,721.420. 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: Bullish. Price Action Analysis: As mentioned in my analysis dated 25 November 2024, H4 TF is now trading in discount of internal 50%. This suggested that bearish momentum on M15 may face limitations, which it did. Price printed as per alternative scenario, printing a bullish iBOS. Price subsequently printed a bearish CHoCH indicating bearish pullback phase initiation. Internal range is now established. Intraday Expectation: Price to trade down to either 50% internal EQ, or M15 demand level before targeting weak internal high. Alternative Scenario: Current internal range is fairly extensive, therefore, requiring a deeper pullback to internal 50% EQ and/or M15 demand level. Price could potentially target weak internal high and print a bullish iBOS to narrow the depth of the internal range. Note: Given the Federal Reserve's dovish stance and persistent geopolitical tensions, volatility in Gold prices is likely to remain elevated. Traders should remain cautious and prepared for potential price whipsaws in this high-volatility environment. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
The only chance to short gold!As I said in my last article, I planned to buy gold with the 2670-2660 area as support, but gold did not fall back to 2670, not even to 2671, so unfortunately gold did not reach our buying area. Currently, gold has risen to around 2690. Obviously, it is not a good idea to chase gold near this position, and it faces resistance in the 2695-2700 area. I think even if gold breaks through the 2695-2700 resistance area, it will retreat because it needs to accumulate upward momentum. So anyway, I will try to short gold here once. Am I the only one who takes the risk of shorting gold in the entire network? Will you try to short gold in this position area? 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
Gold forms a secondary high and will fall sharply againHello everyone. Today we can see that the 4-hour chart seems to need to form a triple top resistance at the secondary high point. It can be found that the current trend of the 4-hour chart is very similar to the previous one. Both are after a long period of consolidation and then fall sharply again Therefore, if the current trend of gold replicates the previous market after touching the resistance area, then you must be careful of a sharp drop in CPI If you think my article analysis is helpful to you. You can like it. Thank you for your support. The content posted here will be delayed so you need to pay more attention to my information.
OANDA:XAUUSDShort
by FeaturedTradingSignals
1
Gold- Towards target after confirmation?In yesterday's post, I highlighted the high probability of an upward breakout above the 2655–2660 resistance zone. As anticipated, XAU/USD successfully broke through this key level, confirming its importance. Following the breakout, the price reached a high near 2675 before undergoing a normal correction. This pullback was healthy for the trend, as it retested and confirmed the previously broken resistance zone (2655–2660) as new support. This successful retest reinforces the strength of the bullish momentum. Looking ahead, my outlook remains optimistic. I anticipate a new leg higher, with the price likely targeting the 2685 resistance zone. I will maintain my bullish stance as long as the 2660 area holds firm as support. My preferred strategy is to "buy the dips," taking advantage of pullbacks within the broader uptrend.
OANDA:XAUUSDLong
by Mihai_Iacob
2
XAUUSD Trade LogXAUUSD Daily/Monthly Long Setup Trade Logic: - Setup: Long position initiated within a high-confluence zone supported by multiple technical and structural factors. - Confluence Factors: - Daily/Monthly Buy Signal: Higher timeframe signals indicate strong bullish momentum and continuation potential. - Trendline Support: Price has respected a long-term ascending trendline, acting as dynamic support. - Fair Value Gap (FVG): Entry aligns with a daily FVG in a discount zone, offering a high-probability long opportunity. - Kijun Support: Both daily and weekly Kijun lines provide additional support confluence. - Liquidity Zone: Recent sweep of liquidity below equal lows clears the path for a bullish reversal. - Risk-Reward Ratio (RRR): - Stop-loss set below the trendline and daily FVG for tight risk management. - 1:3 RRR targeting the weak high at 2,910 , with secondary targets near 3,000 for extended profits. Macro Context: - Market Sentiment: Safe-haven demand for gold is rising amid geopolitical and economic uncertainty, aligning with bullish technical signals. - Dollar Weakness: Weakening USD supports upside momentum in XAUUSD. - Volume Profile: Strong buy-side volume near key support levels indicates institutional participation. Execution Plan: - Long entry near the confluence zone of the trendline, FVG, and Kijun support. - Maintain stop-loss below the daily FVG to manage risk effectively. - First target near 2,910 , with extended targets at 3,000 for partial or full profit-taking. - Reassess position if price closes below the trendline or invalidates the daily buy signal. Extra Note: Monitor macroeconomic events such as interest rate announcements or geopolitical developments that could affect gold prices. Let me know if further adjustments are needed!
OANDA:XAUUSDLong
by Fondera
Gold- 2655-2660 zone remains key for bulls on medium-termLast week's price action was mostly range-bound, characterized by sharp spikes in both directions but lacking a clear trend—challenging conditions for medium-term swing traders. In my last two posts, I shared a moderately bullish bias and even managed a sniper entry at the NFP low. However, Gold failed to sustain upward momentum, so I opted to close the trade with a modest 100-pip profit. Looking at the bigger picture, bulls have shown resilience around the 2620 level. Even last night’s losses were quickly reversed after the market opened, which is another encouraging sign for bullish momentum. That said, a critical resistance level around 2655 continues to cap any medium-term uptrend. For a more substantial move—potentially 400-500 pips—this resistance must be decisively broken . I maintain my bullish outlook and will look to enter on dips. If and when the price breaks above the 2655 resistance level, I plan to double my position to capitalize on the potential upside. However, a daily close below 2620 would invalidate this scenario and prompt me to reassess my strategy.
OANDA:XAUUSDLong
by Mihai_Iacob
9