Futures market
XAUUSD / Consolidation and Breakout ScenariosGold Technical Analysis
The price is expected to consolidate between 2620 and 2638 until a breakout occurs. Initially, the price will likely attempt to reach 2638 from the pivot line, which is between 2620 and 2612. If the price manages to break above 2638 by closing a 4-hour or 1-hour candle above this level, it could push further upward toward 2653.
Conversely, if the price stabilizes below 2612, it would indicate a bearish trend toward 2585.
Key Levels
Key Levels:
Pivot Point: 2620
Resistance Levels: 2635, 2645, 2653
Support Levels: 2612, 2600, 2558
Trend Outlook:
Bearish Trend: Below 2612
Bullish Trend: Above 2620
GOLD What Next? BUY!
My dear subscribers,
GOLD looks like it will make a good move, and here are the details:
The market is trading on 2603.3 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2632.7
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
SILVER Sellers In Panic! BUY!
My dear friends,
My technical analysis for SILVER is below:
The market is trading on 29.498 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable SILVER continuation.
Target - 30.247
Recommended Stop Loss - 29.150
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
GOLD - where is current supporting region? what's next??#GOLD... perfectly placed out targeted area 2597 around so congratulations to all.
now we have 2691-93 as current supporting area so keep close because if market hold it in that case you can see again bounce from here.
but keep in mind that below 2591 we can go for cut n reverse on confirmation.
don't be lazy here, stay sharp.
good luck
trade wisely
Gold retreats from weakness
The price of gold is near the downward trend line on the daily chart and has encountered obvious resistance many times, forming a strong suppression zone. The price trend has gradually narrowed to form a symmetrical triangle, which usually indicates that a breakthrough is coming, although the direction is still uncertain, so we need to pay attention to the specific direction of the breakthrough.
In the short term, the price has rebounded near the lower track (support line) of the triangle many times, with recent lows of 2539.37 and 2583.61, indicating that the support below is strong. The previous adjustment range (2635-2720) still constitutes pressure, and the current price is below the range.
The current price is about 2619.46, slightly below the key resistance of 2635, and is suppressed by the downward trend line. If the 2635 resistance is broken and stabilized, it may test the upper track of the triangle and further explore near 2720. On the contrary, if it falls below the 2580 support line, gold may continue its downward trend and test lower levels.
Trading strategy: It is recommended to wait for the breakthrough signal of the triangle pattern. In the short term, we can pay attention to the rebound pressure in the 2625-2630 area. If it weakens, we can consider placing short orders.
In short, the gold market is at a critical decision point, and we need to pay close attention to the price trend and market sentiment changes in the next few trading days.
If you have different opinions, please leave a message to share. If the analysis helps your trading, please like it to support it.
2606 support and 2654 resistance2606 support and 2654 resistance
possible because Russia and Ukraine war continues
and escalate with new long-range weapon
XAUUSD potential sell-to-buy setupHere at Burnt Candle we are expecting the price of XAUUSD to rise, however, we would first like to see price drop before the push upwards.
XAUUSD #008 ( Form a reversal pattern for another bullish rally)Hello dear traders.
Good days.
First of all thanks for your support and comments.
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Gold on daily Gann Square start bearish phase with confirmation.
Expected to decline to 0.382 0.5 Gann Box fib level .
With ABCD reversal pattern it will start last bullish rally up to 3200-3400 $.
Good luck and safe trades
Scalping XAU ! Short recovery trend 2645 monday⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) continues to rebound from the one-month low reached last Thursday, marking its third consecutive day of gains as the new week begins. The metal maintains its upward momentum during the early European session, supported by safe-haven demand fueled by geopolitical tensions and concerns over trade disputes. However, the generally optimistic market sentiment limits further upside for the precious metal.
⭐️Personal comments NOVA:
Gold is currently sideways in the price range of 2620-2630, short-term recovery trend, target retest range 2645
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2626 - $2624 SL $2621 scalping
TP1: $2632
TP2: $2640
TP3: $2645
⭐️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
XAUUSD BUY ANALYSIS Hello Traders and investor 👋
What do you think about gold today
Current gold price; 2617
Bulls are back and now gold is about
To hit 2643 Wich is our demand zone,
After rejecting 2590 twice market has
Establish a strong bullish trend, from
This position market's first target will be to
Break 2624 resistance and if market successfully breakout this zone then it's
Next target will be 2643
Key points;
Resistance 2624: 2634
Supporting area 2590: 2603
Note:
First target: 2624
Second target: 2643
Stop loss : 2590
Kindly support and like comment ❤️
Gold: Navigating a Range-Bound Phase After the DropGold (XAU/USD): Consolidation in a Bearish Territory Amid Uncertainty
The gold market has entered a consolidation phase, trading within a defined bearish range following a sharp sell-off on Wednesday. This pullback comes as the precious metal adjusts to a complex interplay of technical and fundamental factors, with current attention focused on the critical price levels of 2622 – 2581. A deeper look into the backdrop reveals that sentiment remains subdued due to broader market dynamics, and the technical setup underscores the vulnerability of gold prices as they test recent lows.
Fundamental Overview: Fed’s Conservative Stance and Market Implications
The Federal Reserve’s latest policy meeting on Wednesday had ripple effects across global markets. Adopting a more cautious stance, the Fed announced plans for just two rate cuts in 2025. This decision disappointed investors hoping for a more dovish approach and weighed heavily on risk-sensitive assets, including gold. Meanwhile, the dollar emerged as the clear beneficiary, strengthening to new local highs as traders flocked to safe-haven assets tied to U.S. monetary policy.
The dollar’s rally placed additional pressure on gold, which often moves inversely to the greenback. However, the broader implications extend beyond just this week. Gold's recent struggles highlight the ongoing challenge of balancing inflation expectations, geopolitical risks, and macroeconomic trends.
Looking ahead, today’s release of the Personal Consumption Expenditures (PCE) index—widely regarded as the Fed’s preferred measure of inflation—could introduce another layer of volatility. A surprise deviation from expectations in the PCE data, whether upward or downward, could significantly impact gold prices. Furthermore, any unexpected escalation in political uncertainty, whether domestic or international, has the potential to act as a short-term catalyst for the metal, possibly leading to a recovery attempt toward resistance levels.
Technical Analysis: Testing the Lows in a High-Volatility Environment
From a technical perspective, gold remains entrenched within a consolidation zone after the steep decline earlier this week. Such a pattern is not uncommon at this time of year, characterized by thin liquidity and heightened volatility as institutional players wind down for the calendar year. Price action suggests that the market is trading in a relatively wide range, bounded by key resistance levels at 2616 – 2622 and notable support levels at 2589, 2581, and 2560.
Currently, prices hover near the lower end of this range, testing the support levels repeatedly. If the support at 2581 holds, it may trigger a short-term recovery toward the upper boundary of the range. However, any failure to defend these levels could lead to a retest of deeper support at 2560, further cementing the bearish outlook.
Conversely, on the upside, resistance around 2616 – 2622 remains critical. A breakout above this zone may entice bullish momentum, but such a move is likely to be capped or short-lived, given the overarching fundamental headwinds. In fact, a retest of this resistance could result in a false breakout scenario, where prices temporarily breach the level before reversing sharply back into the range, targeting local lows.
Trading Strategy and Broader Market Context
For traders navigating the current environment, the focus should remain on the boundaries of the consolidation range. Range-bound strategies, such as buying near support and selling near resistance, could be effective in the short term. However, caution is warranted given the heightened sensitivity to macroeconomic events, including today’s PCE data release and potential geopolitical developments.
In the longer term, the bearish undertone suggests that gold may continue its descent unless a significant shift in fundamentals alters the market narrative. Any sustained rally would require a combination of favorable catalysts, such as a dovish pivot from the Fed, a weakening dollar, or heightened geopolitical tensions.
Conclusion
Gold’s journey through this consolidation phase is emblematic of the broader uncertainty gripping financial markets. While the precious metal has shown resilience in the past, the current setup underscores the challenges it faces in a bearish environment. Resistance at 2616 – 2622 and support at 2581 – 2560 serve as pivotal levels to monitor, with price action within this range offering opportunities for tactical trades.
In the grander scheme, the coming weeks will likely determine whether gold can break free from its consolidation or succumb to further selling pressure. As we approach the end of the year, reduced liquidity and heightened volatility will remain defining features of the market, setting the stage for potentially significant price swings in early 2024.
(The market decides how much profit you make. You decide how much you lose.)
Gold Next moveTimeframe :
D1 trendline broke + SBR
H4 Trendline + Bearish eng
H1 Trendline
D1 trendline has broken the trendline and support area so now its became, support become resistance (SBR), H4 has bearish engulfing at the trendline, H1 the trendline.
Entry:
Entry according to H1 TF, entry point is 2627.72 at the trendline.
Stop loss above the trendline 2638.70 and Target is previous low 2585.70
XAUUSD Price Breakout Next Target 2660 XAUUSD Gold Once again Grow Based on the market Condition From Last Days Price will Break From 2610 Then fallow the Market Condition Then Expected Next Target 2660 To Buy Side.
If You Are Trading or monitoring gold Prices keep eye on The Market interest Rates and Geopolitical events can heavily influence gold Prices.
Rate Share your Idea What's Going On Thanks.
XAU/USD - Sell Limit Opportunity After Liquidity GrabGold (XAU/USD) has swept liquidity above a key resistance zone, creating a strategic sell limit setup. This price action indicates a potential bearish reversal as smart money absorbs buying pressure.
Key Observations:
Liquidity Sweep: The price surged above a significant resistance level, clearing stop-losses and trapping buyers in the process.
Market Structure: Emerging bearish rejection signals, such as wicks and declining momentum, suggest a potential shift to the downside.
Optimal Entry: A sell limit at is positioned to capitalize on the anticipated reversal.
Trade Plan:
Entry: Sell limit at , aligned with the liquidity grab.
Stop Loss: Placed above the recent liquidity sweep to manage risk.
Take Profit: Targeting support levels at for a favorable risk-reward ratio.
Risk Management:
This trade setup leverages the liquidity grab for a high-probability reversal, but disciplined risk management and careful position sizing are crucial. Monitor price action for confirmation of bearish intent before executing the trade.
change the trendConsidering the price behavior in the current resistance range, possible scenarios have been identified. It is expected that a trend change will form in the resistance range and we will witness the start of the downward trend.
If the price consolidates above the resistance level, the upward trend is likely to continue
XAUUSD - 15m | SELL SELLSimple trading - Wyckoff Event
This is an extremely short-term pattern, and there is not much to explain here. Other than this, the pattern/event happens when the market makes a big dip and starts to consolidate. AKA "accumulation phase"
Expect the market to fall back down to the previous support area 2595-2585. After this fall the market should reject support and continue its bullish trend to ATH
BUY CAUUSD | GC1!You can buy on XAUUSD | GC1! after that we got a reversal at the end of the bearish movement and the beginning of an uptrend. Use same SL and TP as mine.
Follow for more!
XAUUSD-ICT/SMCWith the holiday season underway, this week may be less volatile than the previous one, which was dominated by central bank decisions. This presents an opportunity to analyse the broader trends and outlook for gold prices in 2025.
The US govt. will not shut down! So where Are we heading now?How interesting is this—markets seemed nervous for 3 weeks as we approached the deadline to fund the U.S. government. The deadline passed over the weekend, and a deal was reached. Yet, here we are, with Dow futures opening down 80 points.
With Christmas Eve tomorrow, it looks like the Santa rally got canceled this year. Five Dow components are already in bear market territory (down more than 20% from their highs).
So, what do you think? Is this the perfect spot for a pullback, or do we rally from here? I’ll be looking for weak spots to short with a tight stop—and I’d love to hear your thoughts.
Leave your comments below!
GOLD Next Move (wait for the perfect entry)TVC:GOLD Now the price must settle above 2637 to reach our resistance area which is 2660 for an ideal entry and then it will drop to the next target which are 2611 and 2583.
