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XAUUSD Revision 25 December 2024Hello Nation! It’s Christmas. Happy holidays to all who are celebrating it. Let’s do a bit of homework. The market tend to slow down towards the end of the year. I am just doing this update for my own reference. For me personally, i did not take any entry or trades today, maybe for the next few days. I might just wait for 2025. I have made preparations and plans for 2025 and i hope you do too. Planing and preparation are very important. The new year is definitely a good time to reset, restart and refresh your journey. As for today, nothing much that i can say. Gold is still sideways on the Higher Time Frames. We open up bullish up to mid London session. I see like a Double top pattern at the H1 zone. With the M15 box. I would say that’s a setup or a hint for to entry sell. Price moved down, a good reaction but it did not even touch 100 Pips. We are still ranging within 2620 - 2610. I would prefer to take a break. Let the new year come. Enjoy your Holidays!
OANDA:XAUUSD
by Mann20pips
Nat Gas Tue 24 DecThe script has become quite volatile. Traders unfamiliar with this volatility or used to the equity market will lose their minds. Nat Gas has crossed the 300 mark and now the nature of the beast has changed. And it is going to get worse and if you're a price action trader then you're going to have a hard time making money. Cause fluctuations are not backed by logic or valuation but by fear in other sectors. People who have studied this market for a long and dedicated their energy and time to this script are going to survive, other traders are going to lose their money and mind eventually. I'll only say "Go back to your playground". Whoever has dedicated themselves to this craft is going to make money even in the worst conditions. Goodbye and happy trading!
MCX:NATURALGAS1!Long
by aadityaghate79
12.24 Gold operation and market trend guidance 🎈Gold did not continue the previous rebound trend yesterday, and did not continue to rise. It rebounded and fell as we expected. It began to retreat after touching 2633, and stopped correcting after touching the lowest level of 2607 in the US market. It rebounded again in the Asian morning session and retreated after touching 2621 in the European session. It was also affected by holidays. The short-term volatility was also relatively cold, and there was no great willingness to break through. In addition, the market will be closed for Christmas tomorrow, so today's volatility may not be very large. Although the current daily line is still above the 5-day line, yesterday's negative line retreat also increased the market's short-selling enthusiasm. It is very likely to continue to retreat under pressure in the short term.🔴 🎈Judging from the 4-hour analysis, the key support below is the 2600 integer mark. If you step back to test the low and stabilize this position during the day, you can go long first and then see the rebound. The short-term pressure above is focused on the vicinity of 2633-2638. Overall, rely on this range to maintain high short positions and low low positions. , the main tone of cyclical participation remains unchanged, cautiously pursue orders in the middle position, and wait patiently for key points to enter the market.🔴 Gold operation strategy: 1. Short sell gold when it rebounds to 2638-2642, stop loss at 2651, target at 2588-2593; 2. Buy gold when it falls back to 2586-2593, stop loss at 2575, target at 2630-35;
FOREXCOM:XAUUSD
by Caesar_Gorman01
Market Analysis (Gold/USD): Analysis Using Fibonacci Retracement Levels The chart indicates key Fibonacci levels (23.6%, 38.2%, 50%, 61.8%, and 100%). These levels are commonly used to identify potential support and resistance areas. The price is currently hovering around the 100% retracement level (2,613). This suggests the market has retraced fully from the most recent move. 90% Level (2,624): The price has been rejecting this level multiple times, which may now act as resistance. A breakout above this could signal a continuation towards the 50% retracement level near 2,669. On the downside, 123% retracement level (2,587) and 161.8% (2,544) are critical zones to watch if the price breaks below the current level. EMA 200 and EMA 50 EMA 200 (Yellow): The EMA 200 is currently positioned above the price, suggesting a bearish longer-term trend. This acts as a major resistance level, and a price break above it would be a strong bullish signal. EMA 50 (Red): The EMA 50 is currently much closer to the price. It may act as the first dynamic resistance. A crossover of the EMA 50 above the EMA 200 would be a bullish signal. Current Pattern The blue lines on the chart form an ascending wedge or channel, which is a consolidation pattern. Typically, this may lead to either a breakout to the upside or a reversal to the downside. Upside Scenario: If the price breaks above the wedge, the key target will be 2,632 (90%) and then the 50% Fibonacci level at 2,669. Downside Scenario: If the price breaks down, it could test 2,587 (123%) or even 2,544 (161.8%), aligning with bearish momentum. Key Levels to Watch Resistance Levels: 1. 2,624 (90% Fibonacci) 2. 2,632 (Yellow EMA 200) 3. 2,669 (50% Fibonacci) Support Levels: 1. 2,613 (Current 100% Fibonacci level) 2. 2,587 (123% Fibonacci) 3. 2,544 (161.8% Fibonacci) Ascending Wedge Pattern (Blue Lines): It’s clear that the price is currently forming an ascending wedge pattern. This is a market structure that typically indicates a buildup before a breakout (to the upside) or a breakdown (to the downside). If the breakout occurs above the upper wedge line, it could signal a bullish move. If the breakdown happens below the lower wedge line, it could point to a bearish move. Key Resistance and Support Levels: Currently, the price is testing a resistance zone near 2,624. On the downside, the nearest support level lies at 2,613, a key level where the price has rebounded several times. Overall Market Condition: The market is in a consolidative state, appearing to prepare for a significant move. If you're trading this market, it’s better to wait for a clear breakout or breakdown from the wedge pattern before making any decisions.
FX:XAUUSDShort
by ENGAbdulkadirHassanMohamud
12.24 Gold operation and market trend guidance 🎈Gold did not continue the previous rebound trend yesterday, and did not continue to rise. It rebounded and fell as we expected. It began to retreat after touching 2633, and stopped correcting after touching the lowest level of 2607 in the US market. It rebounded again in the Asian morning session and retreated after touching 2621 in the European session. It was also affected by holidays. The short-term volatility was also relatively cold, and there was no great willingness to break through. In addition, the market will be closed for Christmas tomorrow, so today's volatility may not be very large. Although the current daily line is still above the 5-day line, yesterday's negative line retreat also increased the market's short-selling enthusiasm. It is very likely to continue to retreat under pressure in the short term.🔴 🎈Judging from the 4-hour analysis, the key support below is the 2600 integer mark. If you step back to test the low and stabilize this position during the day, you can go long first and then see the rebound. The short-term pressure above is focused on the vicinity of 2633-2638. Overall, rely on this range to maintain high short positions and low low positions. , the main tone of cyclical participation remains unchanged, cautiously pursue orders in the middle position, and wait patiently for key points to enter the market.🔴 Gold operation strategy: 1. Short sell gold when it rebounds to 2638-2642, stop loss at 2651, target at 2588-2593; 2. Buy gold when it falls back to 2586-2593, stop loss at 2575, target at 2630-35;
FOREXCOM:XAUUSD
by Caesar_Gorman01
Gold is Running Hot!The market experienced two consecutive days of selloff following the FOMC Chairman Powell's rate announcement. This reaction is reflective of heightened uncertainty and bearish sentiment immediately after the announcement. However, today marked a shift in momentum as the price finally stabilized, signaling potential exhaustion of the selling pressure. Buyers have stepped back into the market with conviction, pushing the price back into the buy zone. This area coincides with a prior consolidation zone, suggesting that it holds significant technical importance as a support level. The re-entry into this zone indicates renewed interest from buyers, possibly setting the stage for a rebound or further bullish momentum in the near term. PEPPERSTONE:XAUUSD TVC:GOLD OANDA:XAUUSD
PEPPERSTONE:XAUUSDLong
by GoldenEdge
1
12.23 Gold price fluctuates and seeks direction Gold's overall technical outlook last Friday saw a roller-coaster ride of long and short shocks. After a continuous decline on Thursday, which fell below the 2600 mark the previous day, gold fluctuated slightly throughout the day and rebounded. The U.S. market experienced an acceleration in the breakthrough and breakthrough. Standing above the 2610 mark and continuing the bullish rebound, it It closed near 2622 on Friday. Gold was not strong after opening in early trading in Asia today. It is still too early for gold to say that the trend has reversed. Gold has begun to fluctuate. There is no unilateral market trend for gold at the moment. Still a trading strategy of selling high and buying low. Gold is under pressure in the short term at 2638-42 and continues to be short. Gold focuses on the resistance near 2650, and the support of the 2600 first-line mark is the first focus below. From the 4-hour analysis, today's short-term support is around 2610-08, with a focus on the support line of 2586-92, and the upper pressure is around 2638-42. The overall trading strategy is to maintain high short selling as the main transaction and low long buying as the auxiliary trading strategy based on this range. The main tone of cyclic participation remains unchanged. The middle position is always patiently waiting for cautious orders and patiently waiting for key points to enter the market. Gold operation strategy: 1. Short sell gold at the rebound line of 2638-2642, stop loss 2651, target 2588-2593 line; 2. Buy gold at the retracement line of 2586-2593, stop loss 2575, target 2630-35 line;
FOREXCOM:XAUUSD
by Caesar_Gorman01
xauusd target 2652 possibleHere's a summary of your updated XAU/USD trade plan: Trade Plan - Entry Point: 2613 - Target: 2652 - Stop-Loss: 2600 Market Analysis The XAU/USD is experiencing a bullish trend, driven by a weakening US dollar and increasing inflation concerns. Technical Analysis - RSI Indicator: The Relative Strength Index (RSI) is above 50, indicating a bullish momentum. - Moving Averages: The 50-day moving average is trending upwards, supporting the bullish view. - Support Levels: The support levels at 2600 and 2590 could provide a buying opportunity in case of a pullback. Risk Management - Risk-Reward Ratio: Your risk-reward ratio is approximately 1:2.6, which is relatively aggressive. - Position Sizing: Make sure to adjust your position size according to your risk tolerance and account size. Trade Progress You're currently 39 pips away from your target. Keep monitoring the market and adjust your strategy as needed. Stay disciplined and stick to your trade plan. Good luck!
CAPITALCOM:GOLDLong
by Geroge_Fx
XAUUSD ANAYLSIS ( MUST READ CAPTION )Hello Treder's! check out my xauusd anaylsis, must share your ideas in the comment section about it Key Observations: Current Price: The current price of XAUUSD is around 2,614.00. BUY Target 2645/2665 Support Levels: Stronger Support Zone (2,600 - 2,602.5): This zone has shown to be a significant area where buying interest has historically emerged, preventing further price declines. If the price falls to this level, there's a higher probability of a bounce or reversal. Weaker Support Zone (2,610 - 2,612): This is a more immediate support area. If the price breaks below the current level, this zone might provide some temporary support. However, it's considered weaker than the lower zone. Resistance Levels: Immediate Resistance Zone (2,620 - 2,622.5): This is the most immediate resistance the price faces. A break above this zone could signal further upward movement. Stronger Resistance Zone (2,630 - 2,632.5): This is a key resistance area. If the price manages to break and hold above this zone, it could indicate a more significant bullish trend. Potential Scenarios: Bullish Scenario: If the price breaks above the immediate resistance zone (2,620 - 2,622.5) and holds, it could target the stronger resistance zone (2,630 - 2,632.5). A successful break above the stronger resistance could lead to further upside. Bearish Scenario: If the price breaks below the weaker support zone (2,610 - 2,612), it could fall towards the stronger support zone (2,600 - 2,602.5). A break below this stronger support could trigger a more significant downward move. Must share your ideas about xauusd in comment section and boost our chart and like share with your friends
OANDA:XAUUSDLong
by SEBASTIIAN74
XAU/USD Report and Trade Playbook (Pre-Holiday Adjustments)XAU/USD Report and Trade Playbook (Pre-Holiday Adjustments) Executive Summary As we approach the pre-Christmas session and a holiday market closure, reduced liquidity and lower-than-average volatility are expected. This report tailors trading setups to account for these market conditions, focusing on scalping and low-risk trades with tighter SL/TP levels, while avoiding setups reliant on high volume or significant breakouts. Playbook Components 1. Adjusted Entry Triggers Technical Signals: Ichimoku: Use Kumo and Kijun-sen for reversion levels rather than breakouts. VWAP: Identify price deviations to capture scalping opportunities. FVG: Focus on untested liquidity gaps near established support/resistance. Fibonacci: Utilize 50% and 61.8% retracements for pullback entries. Candlestick Patterns: Look for quick reversal signals (Pin Bars, Inside Bars) on lower timeframes. Divergences: Validate trades with RSI divergence for overbought/oversold conditions. 2. Key Success Factors Risk-Reward Adjustments: Tighten SL/TP levels to reflect reduced volatility. Minimum R:R = 1:1.5 to adapt to smaller price moves. Focus on Scalping: Utilize 30M and 1H timeframes for rapid setups. Avoid High-Volume Expectations: Breakout trades may fail due to thin market conditions. 3. Trade Scenarios (Pre-Holiday Adjustments) Scenario 1: Range-Bound Scalping Setup: Use Ichimoku and VWAP for entries at established support/resistance. Target quick moves within tight ranges. Trade Example: Entry: Long at $2,618 (VWAP lower deviation). SL: $2,616. TP1: $2,622. TP2: $2,624 (VWAP median). TSL: Trail SL to $2,620 after price hits $2,622. Scenario 2: Mean Reversion Setup: Look for overextensions above VWAP or Kumo with divergence validation. Trade Example: Entry: Short at $2,628. SL: $2,631. TP1: $2,624. TP2: $2,622. TSL: Trail SL to $2,626 after price breaks $2,624. Scenario 3: Low-Volume Pullback to Key Levels Setup: Use Fibonacci retracements to enter pullbacks near support levels. Trade Example: Entry: Long at $2,620 (50% retracement). SL: $2,618. TP1: $2,624. TP2: $2,628. TSL: Move SL to $2,622 after price hits $2,624. Pre-Holiday Strategy Adjustments Avoid Large Breakout Expectations: Thin liquidity limits breakout follow-through; focus on reversals and ranges. Tight SL and TP Levels: Reflect reduced volatility with smaller profit targets and tighter stops. Session Focus: Best opportunities in early London or NYC session; expect flat movement in Tokyo. Exhaustive List of Adjusted Trade Examples 1. Tokyo Session (Scalping): Entry: Long at $2,618. SL: $2,616. TP1: $2,622. TP2: $2,624. TSL: Trail SL to $2,620 after hitting $2,622. 2. London Session (Range-Bound): Entry: Short at $2,628. SL: $2,631. TP1: $2,624. TP2: $2,622. TSL: Adjust to $2,626 after breaking $2,624. 3. NYC Session (Mean Reversion): Entry: Long at $2,620. SL: $2,618. TP1: $2,624. TP2: $2,628. TSL: Trail SL to $2,622 after $2,624 hit. Annotated Charts Daily Chart: Focus on $2,618-$2,622 support range. Reversion expected near $2,628. 4H Chart: Key levels: $2,618 (support) and $2,628 (resistance). Mean reversion setups dominate. 1H and 30M Charts: Tight scalping ranges with VWAP deviations highlighted.
FX:XAUUSD
by ICHIMOKUontheNILE
SILVER POSSIBLE SELLThe market is currently testing the current Daily 0.618Fib area. Based on 4HR TF, the market seems to be forming a possible reversal pattern. We could see SELLERS coming in strong should the current level hold. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
OANDA:XAGUSDShort
by WiLLProsperForex