Gold for sale!!Gold for sale!! Gold has been dropping further down this morning, creating a new weekly low. We are now in the lower bound of the channel again & pretty much close to completion of the 'Flat Correction' wave. Wave 3 in full effect nowShortby piotr-Redzik1117
Gold operation strategy: short selling on rebound is the generalFrom the 4-hour analysis, the upper resistance is around 2625-30. The intraday rebound relies on this position to continue to be short and follow the trend to fall. The lower target is still concerned about breaking the bottom. The short-term long and short strength watershed is 2640. The daily level is under pressure below this position and continues to maintain the main short rhythm of the rebound. The long position against the trend will not participate. Gold operation strategy: 1. Gold rebounds to 2625-2632 line short, stop loss 2637, target 2605-2600 line;by SPPOK1Updated 113
XAUUSD Revision Thursday 19 December 2024Hello Nation! I had to wait for FOMC to conclude before doing this update. Let’s start with Gold opening at 2646 area. Price went straight bullish to the highest SBR level which was created by yesterday’s candles. From there we can follow that price have a bearish reaction which ended up moving Sideways bouncing to top and bottom of the m15 for many hours. While price doing so, i can also see my favourite setup developing which i marked with the m15 box. With price showing rejection from that box. That is a hint for me that sell entry was possible. I mark the sell position with a risk of 30 Pips SL and TP of 100 Pips. Usually i will go down to lower timeframe like the m5 or m1 to precise my entry. But for these daily updates, i will stick with m15. I have another SBR Zone at 2637 / 2638 area. But, as my m15 SBR was clear for entry. Time was too close to FOMC. Congratulations to those who manage to catch that sell entry. I chose to sit tight and just watch how Gold reacts to the news . Conclusion for today, It was another sellers day. Hours of consolidation during London Session and we are ending the day with an estimate of 200 pips drop due to FOMC. I am just sharing what i see. I am just taking notes for my own setups and maybe i can improve to be a better trader. Thank you for reading and Goodbye! by Mann20pips222
Analysis of gold price trend this week--2630--2680Analysis of gold price trend this week, fluctuation range - 2630-2680 "Gold investors are like gamblers - they just wear nicer suits and call their losses 'portfolio adjustments. Predicting gold prices is like predicting the weather - the weather is less often wrong!'" Williams' gold weather forecast: Theoretical basis: straight lines belong to humans, curves belong to God Obviously, the remarks of Trump and Powell are like Chinese crosstalk. They are singing a double act, Trump plays the red face and Powell plays the black face. Together, they reap the wealth of the world. God's perspective - as shown in the figure: We use the S line to symmetrically divide all trends, and we can draw a clear conclusion: The gold price around 2630 is a normal rebound, but it also means that this wave of market has been digested. Next, the gold price will move out of the new S line: The most likely fluctuation range: 2630-2680 It is obvious: 1: If the gold price falls in the future, it is likely to fully absorb funds at 2630-2680, which means that the gold price will continue to rise in the short term. 2: If the gold price rises in the future, it is likely to stabilize at 2630 and fully adjust, which means that the gold price will continue to rise in the short term. 3: If the gold price fluctuates in the future, from a macro-cycle perspective, it is likely to fluctuate in the range of 2630-2680, which means that the gold price will continue to rise in the short term. Summary of this week: Gold price adopts a low-multiple approach, macro strategy reference: BUY: 2620-2630 SL: 2600 TP: 2680 Specific operations, I will continue to follow up on ideas. If you are interested in my analysis, you can discuss it in the comment area, and I will explain, share and communicate with you one by oneby Brad_WilliamsUpdated 333
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.Shortby RonPeter_Trading111
Signal Of The week Our past week Sell Signal of the week Selling area from 2690/2692 and our Stop loss area is 2697 and gold Touch to 2585 that called accurate signal my 10 years experience in gold so I think gold can more drop what do you think by forexbilionerclub222
XAUUSD ANALYSISHello guys today i am going to share my analysis of gold (XAUUSD). kindly drop your ideas about my analysis . Gold market is currently running in its support zone. now it is possible that gold (xauusd) can fly to my target if it breaks the resistance because gold respect the support zone many times in last couple of hours . KEY POINTS support zone 2611/2608 resistance zone 2618/2621 target 2632 Dont forget to like and drop your comments in comment section show me your love by following me for more and more updates and analysis .Longby ExpertJasmine111
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.Shortby Shane-investment112
GOLD LONG Now is a best time to open your long position on GOLD because it`s about to break and go high ENTRY - CP TP - 2665 SL - 2609Longby koulblxk112
XAUUSD RETROCESOXaausd has touched an OB in 15 minutes so it can look for a Retracement, I think the Bias is bearish so it would be a retracement or reversal more than an expansionLongby ArticVzla221
SMC Trade Idea Bullish Setup on 15-Min Order BlockMarket Overview: -External Range: Bearish (2651-2584) -Internal Range: Bullish Key Zone Identified: -Buy Zone: 2604-2602 -Bias: Expecting a bounce from the 15-min Order Block, aligning with internal bullish structure. Trade Plan: -Entry: 2604-2602 -Stop Loss: Below 2598 -Take Profit: Targeting next key resistance around 2650 Confirmation Signals to Watch: -Bullish candlestick patterns (e.g., engulfing, pin bar) -Market structure shift on lower timeframes (5m/1m) -Liquidity sweep below the buy zone This setup aligns with Smart Money Concepts (SMC) principles, aiming to capitalize on institutional order flow. 💬 Drop your thoughts below and follow for more trade ideas! 🚀📈 #SMC #TradingStrategy #Forex #OrderBlock #SmartMoneyConceptsLongby Mr_Babz111
Last ride for Gold to 2800+ before droppingNow that Gold has completed the final ABC correction of the 4th wave, nothing can stop it from heading toward 2800 to complete the cycle! This information does not constitute financial advice or recommendation and should not be considered as such. This is only my opinion! Always do your own research and seek independent financial advice when required.Longby ichangeyourmind111
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.Shortby Burntcandle_mUpdated 222
XAUUSD 4H SELL MODELdue to yesterday's FOMC, price sold drastically forming a 4H Breaker block and a fair value gap above. This morning, price has retraced to the 4H Breaker + FVG marked out..expecting a drop to yesterday's lowShortby tejiriagbatutu14332
BEARISH MOVEMENTGOLD just break daily ascending channel and also did the retest at a strong resistance level. for me I'm waiting for small push the upside before i can take a sell. I have two entry to sellShortby JAMESLORDBUpdated 331
Gold next Moves.We have observed gold had moved in inclined parallel channel in past days but it broke support area of Parallel channel currently it is moving in horizontal parallel channel after getting some liquidity. In my point of view gold will fall around 2615 then it will get a big reversal to fly up to 2700. Put your entries you will enjoy your profits.Shortby cameronjamesignals222
XAUUSD ANALYSIS Gold Analysis (XAU/USD) – Key Levels to Watch Resistance Zone: The price is facing a strong resistance level in the range of $2,700 - $2,750, where selling pressure has historically been observed. Support Zone: A significant support level is located between $2,500 - $2,550, acting as a strong demand zone. Take-Profit Target: Based on the current structure and price action, a potential take-profit target is identified at $2,719. Market Outlook: Gold has been trading within a defined range, with clear rejections from the resistance zone and bounces from the support zone. The recent breakout suggests the price may move towards the take-profit level if bullish momentum sustains. However, traders should monitor key levels and market conditions closely. Disclaimer: This analysis is for educational purposes only and not financial advice. Always conduct your own research before making trading decisions.Longby AlphaSignalss223
GOLD--> Just one step away from $2700Hello everyone, Ben here! Last week, we witnessed a significant drop in gold prices, with the precious metal hitting a low of $2,583 at one point. Currently, gold is trading around $2,623, maintaining a stable position this week. The rebound in gold prices at the end of last week was supported by the weakening USD and a decline in U.S. Treasury yields. This was driven by the latest economic data, which revealed that U.S. inflation is slowing down, easing the pressure on gold prices. Personally, I, Ben, strongly believe that the upward trend for gold will gain more certainty in the coming period. However, gold must break through the current resistance levels to further expand its growth potential. On the other hand, if the price falls below the $2,620 support level, it could drop further to the dynamic support at $2,600. From there, we might expect the upward trend to resume, with potential targets at $2,650 and $2,700 in the foreseeable future. Stay sharp and trade wisely! Yours truly, Bentradegold.Longby BentradegoldUpdated 1117
Long Target confirm signal Gold extends its daily rebound and trades above $2,620 on Friday. The benchmark 10-year US Treasury bond yield declines toward 4.5% following the PCE inflation data for November, helping XAU/USD stretch higher in the American session. Gold now sell 2623 Support 2590 Support 2550 Resistance 2680Longby JohnHarry_7Updated 2213
Closing both of orders with excellent ProfitAs discussed throughout my yesterday's session pre-Fed commentary: "Fundamental analysis: My earlier Selling signal was confirmed on Hourly 4 chart under prolonged weakness and Price-action respecting the trendline guarding the downtrend (very Bearish formation) as Hourly 1 chart is already an aggressive Descending Channel (width opened on Williams) that should reach it’s next Lower High’s (currently Trading slightly below Triple Top's formation) and Oversold state near my take Profit of #2,627.80 Support in extension. If the bands are widened Traders may witness #2,622.80 pivot point test on the correction back down after current upside extension but not Lower. In any case I will update my Targets or levels of Profit taking if I decide to exit earlier than #2,622.80 Support in extension to be in accordance with the Daily chart’s period. My position: #2,648.80 was excellent re-Sell point and regarding Fed Rate decision, I expect Rate to be Lowered and hawkish stance on the aftermath which can make Gold suffer even more." I have closed my both #2,648.80 and #2,638.80 orders, first one on #2,633.80 and second one (#2,638.80 entry point) on #2,600.80 benchmark. My Fed Rate decision expectations were spot on as I guessed nicely that Rate will be Lowered and hawkish stance on the aftermath. Technical analysis: As Gold rebounded back towards well known Hourly 4 chart’s Neutral Rectangle once again within Symmetrical Triangle forming on Daily chart, this is very cautious market at the moment. Yet again, I see no firm reasons for current Buying bias on Gold to be sustainable, as #2,648.80 - #2,652.80 Resistance zone should price in local Top’s and reversal area (optimal re-Sell zone). After observing Gold’s Price-action near market closing (first similar closing since May #15), do not expect much from today’s session as long as DX isn't pressured by disappointing numbers. My position: I will await for area to be engulfed and only then make my move. Yesterday's session Profits were great edition to previous week's Profits as I don't have any urge to rush and engage any kind of order however will monitor the Price-action patiently until opportunity arise. I expect Gold to remain pressured.Shortby goldenBear881113
Gold 1h analysis, I'm personally looking for a sellAccording to the 1h analysis, I'm personally looking for a selling opportunity from the resistance area near 2653.00 & 2656.00 Targets:- 2625.00 / 2614.00 / 2605.00 Don't place any advance orders for now. Use good bearish confirmation for the entry. Remember one thing if the price successfully closes above 2665.00, then stay away from selling. CAPITALCOM:GOLD Shortby TRADE_CENTER_1Updated 112
Gold Technical Analysis: Bullish Structure EmergesGold prices start the week lower as the US dollar strengthens due to averted government shutdown and expectations of a stronger dollar in 2025. Gold’s safe haven appeal may be tested by geopolitical risks in Syria and the ongoing Russia-Ukraine conflict. Technical analysis suggests a bullish structure for gold on a four-hour time frame, with a potential for further upside if the “Golden Ratio” price level holds.by JAABARI110