GOLDCFD trade ideas
price trend up - waiting for ATH 2843⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The US 10-year Treasury yield declines by 1.5 basis points to 4.537%, while real yields, measured by 10-year TIPS, remain steady at 2.095%. Meanwhile, the ISM Manufacturing PMI for January climbs to 50.9, exceeding expectations of 49.8 and improving from December’s 49.2, signaling stronger business activity. A deeper look into the data reveals rising input costs, with the prices paid sub-index increasing from 52.5 to 54.9. Additionally, the employment index jumps from 45.4 in December to 50.3, indicating improved labor conditions in the sector.
⭐️ Personal comments NOVA:
Gold price is maintaining above $2800, long-term uptrend, fomo from the market creating ATH has not stopped
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2843 - $2845 SL $2850
TP1: $2838
TP2: $2830
TP3: $2820
🔥 SELL GOLD zone: $2829 - $2831 SL $2834 scalping
TP1: $2824
TP2: $2818
TP3: $2810
🔥 BUY GOLD zone: $2772 - $2770 SL $2765
TP1: $2780
TP2: $2790
TP3: $2800
⭐️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
The Gold Rush Resumes: Aiming for "2782"Disclaimer: this particular analysis is not a trading advice but a personal opinion.
Greetings! kindly share your thoughts on Gold today in the comment section.
Gold Price Now: 2740
Gold has given a fake breakout of H4 Bullish Parallel Trendline which indicate continuation of a bullish trend. Gold is back to its bullish track and can go further high today. Its first target will be 2762 and after breaking this position bulls next target will be 2782. The Supporting area is 2732 and buying zone is 2740. Gold is still in a race to hit a new All Time High.
Supporting Area: 2740, 2732
Resistance Area: 2762, 2782
Demand Zone: 2782
Like, comment and support for more updates on Gold.
Thanks for your support mates
Gold Retracement started and will stop on order blockHello Traders!
As gold dropped from 2830 and now trading between 2812-2813 this drop is genuine and valid till 2772-2773 because there i found strong liquidity, order block, FVG and also parallel channel's trendline support.
so gold should do this move which is very real and genuine for a bullish trend continuity.
Support: 2801-2796
Resistance: 2830.600
Order Block: 2771-2778
Fair Value Gap:2778-2779
Golden Zone of Fib: 2794-2801
we will trade in small time frame with some other confirmations like morning star or any bullish engulfing candle with proper stop loss below order block and liquidity zones
if you like my analysis kindly boost my idea and follow me
XAUUSD N15 | Bearish DropBased on the M15 chart analysis, the price is rising toward our buy entry level at 2789.90, which is a pullback resistance close to the 38.2% Fibo retracement.
Our take profit is set at 2772, an overlap pullback support that aligns with the 61.8% Fibo retracement.
The stop loss is placed at 12802.96, above the 61.8% Fibo retracement level.
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GOLD (NEW HIGH LEVEL & REVERSING)Gold prices are currently stabilizing as market participants remain cautious ahead of the U.S. Federal Reserve's interest rate decision. The price is undergoing a correction, approaching the $2,750 support level, which is expected to play a crucial role in determining the next move. If buyers step in at this zone, gold could see a strong rebound, pushing toward $2,789, with a potential breakout to $2,810 if bullish momentum persists.
However, broader market conditions introduce an element of uncertainty. The recent short-covering rally, fueled by concerns over tariffs, drove prices close to all-time highs, but profit-taking has since led to fluctuations. Last week, gold surged 2.6%, nearing its October peak, but has now entered a period of consolidation as traders assess the impact of potential Fed rate cuts and a possible equity market correction.
If gold fails to hold $2,750, the next critical test lies at $2,731. A break below this level would shift momentum, signaling a deeper pullback. Given the volatile macroeconomic landscape, the market remains at a crossroads, waiting for clarity on policy direction before making its next decisive move.
GOLD Strong Breakout!
HI,Traders !
GOLD is trading in an
Uptrend and has Made a bullish breakout of
The key horizontal level
Of 2763.93 and the breakout
Is confirmed so After retesting the level is broken we are
Bullish biased and we
Will be expecting a further
Bullish move up !
Comment and subscribe to help us grow !
Closing my Buying order with ProfitAs discussed throughout my yesterday's session commentary: "If #2,800.80 mark gets invalidated and market closes above, I add more Buying orders on mentioned levels aiming at #2,818.80 (slightly below #2,822.80 Resistance line). As expected, Buying accumulation I discussed throughout the session started and the Technical reason behind it was the Ascending Channel configuration which was adding confidence to Buyers, and attracted Short-term Investors, triggered their pending Buying orders (spike towards #2,800.80 benchmark from #2,772.80 Higher High's Lower zone few Hours ago confirms the above)."
I have closed my Buying order (#2,801.80 - #2,822.80) on a fine #21-point run as Gold tested even levels above #2,822.80 however that was fine by me since I am satisfied with my order returns.
Technical analysis: Price-action came too close to the #2,822.80 - #2,832.80 Medium-term Resistance zone and the fact that is currently strongly rebounding may not only be Technically attributed to mentioned fractal (representing the February #11 similarities) but also to the fact that it just hit the Higher High’s trendline of the Hourly 4 chart’s Ascending Channel. As long as mentioned zone is providing Resistance, I expect Gold to break back below the Hourly 4 chart’s Rectangle and pressure for #2,800.80 Higher High’s Lower zone (benchmark). Gold is Trading on Inflated prices and same as Gold was purely rising on Fundamental factor, similar takedown will follow. If Gold closes the session below the #2,800.80 benchmark on market closing, expect Gold to make a Top here. If on the other hand #2,832.80 gets invalidated and Gold eventually closes the session above, I expect the High Volatility zone with similarities to mid-April - June to be replicated and #2,852.80 benchmark test in extension.
My position: As discussed above, I do believe that Gold is Overbought and some cool-off to such levels I do expect and #2,800.80 eventual Intra-day test. If however Gold breaks to the upside, I will act according to what I wrote above.
GOLD(Bullish Momentum with Potential Correction Before Breakout)The price is currently trading near the last resistance high at 2,789, moving within an ascending channel, indicating an overall bullish structure. The market has maintained a dominant bullish trend after breaking out of the previous consolidation zone and forming a series of higher highs and higher lows.
As the price approaches resistance, a short-term correction is likely. If the price fails to break 2,789, it may experience a pullback towards the support zone at 2,750 – 2,731 before regaining bullish momentum. A successful rebound from this area could provide confirmation for another bullish rally targeting the new high at 2,810.
On the other hand, if the price breaks below 2,750 – 2,731, bearish momentum may take control, pushing the price toward the next key levels at 2,699 and 2,665. This would mark a shift in sentiment, leading to a deeper correction.
Intraday plan: buy above 2765 and sell below 2806.The weekly chart of gold continues to be strong and the price continues to run in the bull trend channel. Gold hit a new historical high of 2817 on Friday. The further strengthening of the bulls has expanded the room for growth. The daily structure continues the upward trend. The latest MA10/7-day moving average has moved up to 2767/2775. After the price touched the upper track of the Bollinger Band, it fell back at the end of the week. The RSI indicator daily chart is above the 70 value.
The price of the short-term four-hour chart remains in the upper track of the Bollinger Band channel, and the moving average still remains open upward. However, after the RSI indicator is overbought at 80 values, it is necessary to pay attention to the price's high and fall and another wash adjustment. In view of this week's NFP data and a series of tariff policies of the Federal Reserve and the new government, the volatility of the gold market is expected to continue to expand this week, which is an opportunity and more risks. Participate cautiously and strictly manage risk control.
Pay attention to a few points in this trading day: In terms of the general trend, for bulls, the current support point of concern is around 2765, which is the point of bottoming out and stabilizing, that is, the starting point. According to the principle of strong retracement without breaking the starting point, as long as the market price remains above 2765, the market's bullish atmosphere will not change significantly.
This week's opening short-term suppression appeared near 2808, but it is difficult for the market to reverse quickly at this stage. In terms of trend operation, although callbacks occur from time to time during the session, there is no reason for a sharp drop or reversal of the trend, and the price retracement is still in line with the trend. The main trading idea is still to buy at a low price after a pullback
Key points:
First support: 2776, second support: 2765, third support: 2757
First resistance: 2795, second resistance: 2806, third resistance: 2818
Marginal price operation ideas:
BUY: 2765-2768, SL: 2757, TP: 2790-2800;
SELL: 2802-2805, SL: 2813, TP: 2770-2760;
XAUUSD RETESTMENT TRADE LINE (READ CAPTAIN)Hi trader's. What do you think about gold
Current price 2798
Gold running in bullish parallel channel and gold jump upside and create double TOP so I think gold fall down and touching support area and giving retestment
Resistance zone 2815-2835
Support zone 2788
Demand zone 2764
Please don't forget to like comment and follow
Gold continues to soar / #2,800.80 break aheadAs discussed throughout my Thursday's session commentary: Technical analysis / quick update: Productive session only for Scalpers as they are getting most of the returns out of current Price-action. Lagging upswing attempt on Hourly 4 chart got stalled near #2,782.80 Resistance zone (break-out point still not compromised), Gold made it to #2,742.80 almost (might be Stop-loss hunt) however clear Profit taking on recent Bull run. The Bullish reaction is due to DX testing the Lower High’s Lower zone trendline that started with last week’s local High’s zone. I would re-Buy Gold right away with #2,800.80 benchmark / record High's Target however DX is Trading on sideways numbers which could extend the sideways sequence / I will monitor Price-action fluctuation from sidelines however Bullish bias is here to stay.
Technical analysis: As announced on early week phase, Bullish bias is here to stay. Despite the strong Bullish candle sequence on DX, Gold remains Neutral-Bullish and above my Support for the session as the U.S. session is approaching. However, #2,782.80 - #2,792.80 is new / old former Resistance now turned to Support zone made by the Hourly 4 chart’s candlestick configuration. Gold is still not pulling back again after it failed to break above it’s Higher High’s Upper zone peak on the Hourly 4 chart. Still I haven’t got confirmation for Short-term Selling opportunity (Selling such Bull bias is Highly dangerous) and it is still not worth entering the market without tight Risk management (all correction attempts are rejected due Fundamental Buying pressure). Gold is extending Intra-day sideways action, following the continuation of the former Hourly 1 chart’s Ascending Channel which is normal taking in consideration that #2,800.80 benchmark is very serious level / current environment is Gold friendly (recession fears, safe-havens such as Gold are in High demand, dovish Fed stance). Spot how Gold's strong Selling level is far from fair symmetrical manner with disastrous side Swings on Bond Yields and DX as my strongest correlation so far, but currently both assets are on Short-term uptrend while Gold is as well soaring, fractal that was seen many times last Year, messenger of strong unprecedented Volatility and very Low Selling opportunities. I am Highly sceptical, and having strong reservations of current Gold’s reversal, as I don’t believe that Sellers will see continuation of it.
My position: All my Buying orders are closed now as I await #2,800.80 benchmark break-out to continue Buying from there. I will not Sell Gold, at least for current session. As stated above, Bullish bias is here to stay.
gold on bearish flag#XAUUSD price have breakout multiple times above 2800, now we expect bearish to retake again at 2809 which hold strong sell movement, but firstly above 2804.5 hold buy till 2809 for sell. TP 2766, SL 2818. Above 2818 holds strong bullish flag.
Gold Steadies Near 2800 as Tariff Risks EscalateGold remains resilient above 2730 support, currently hovering around 2800 as tariff tensions and trade war risks escalate. If no trade deals are reached with the US, safe-haven demand could continue driving prices higher.
📈 Bullish Outlook: A decisive hold above 2820 could fuel an uptrend toward 2890 and 2920, aligning with the trendline connecting higher lows from October 2023-2024. A sustained move could push gold to the 3,000 checkpoint.
📉 Bearish Risks: A break below 2730 may trigger a deeper pullback, revisiting the Nov 2024 - Jan 2025 range, with key downside targets at 2630 and 2570 (aligning with the lower end of gold’s 2023-2024 uptrend channel). Longer-term support sits at 2520, 2420, and in extreme cases, 2300, coinciding with Fibonacci retracement levels (0.236, 0.382, 0.5) of the October 2023 - October 2024 trend.
- Razan Hilal, CMT
Gold Intraday Trading Plan 1/29/2025Although gold regain its bullish power yesterday and went above 2760, a 8hrly head and shoulder has formed.
We could see a heavy drop to follow. This will be confirmed if the trend line is broken.
For agressive traders, a selling order can be executed right away. For more conservative ones, you can wait for trend line to be broke.
XAUUSD: Top of January Channel Up. Short term pull back ahead.Gold has turned overbought on its 1D technical outlook (RSI = 74.055, MACD = 39.900, ADX = 58.383) and even though the long term trend remains bullish and that shouldn't affect it to a great extent, a short term Bearish Divergence on the 1H RSI (LH) and the fact that the price hit today the top of the 1 month Channel Up, calls for a quick sell. The two +4% bullish waves pulled back by at least -1% and we've always seen a 1H MA100 test on this pattern. Consequently, our short term target is near it (TP = 2,815).
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Gold Wave 5 Bull Complete?! (Update)Gold is still in its Wave 5 bullish run, hence the extreme bullish momentum. However, if you zoom out on the 4H chart you'll see that the current high isn't extremely far away from our October (Wave 3) high, which peaked at $2,790. We are waiting for momentum to slow down & show a shift in market structure.
🔴AT THE MOST EXTREME, Wave 5 can push up towards $2,868 - $2,883🔴
GoldXAUUUSD ( Gold / U.S Dollar )
Completed " 12345 " Impulsive Waves and " ab " Corrective Waves
Fibonacci Level - 127.0%
Change in Characteristics
Falling Wedge as an Corrective Pattern in Short Time Frame
Break of Structure
Today Gold Selling AreaToday Gold Target Keep This Area In Full Of Limits 2808/2813
TP1/2804
Tp2/2800
Tp3/2790
Selling Gold Shorting Gold now at 2796 with Stop loss around at 2805 and Targeting 2785-2770. If you want to follow you can trade it at your own risk, must use proper Risk management.
GoldXAUUSD ( Gold / U.S Dollar )
Bullish Channel as an Corrective Pattern in Short Time Frame
Break of Structure
Order Block
Completed " 12345 " Impulsive Waves
Resistance Level
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Plan your trade and trade your plan. Better to go out by SL.Wait for the price and run with the institutional players.
