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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;
OANDA:XAUUSD
by SPPOK1
1
Gold: Navigating uncertaintyCurrently, gold is trading around $2,658 (USD) per ounce, maintaining a stable range as market participants await the Federal Reserve's upcoming decision on interest rates. This period of uncertainty has led to a consolidation phase for gold, with key support levels identified around **$2,600**. If prices dip to this level, it could present an attractive buying opportunity for traders looking to capitalize on gold's safe-haven appeal. The sentiment surrounding gold is heavily influenced by geopolitical tensions and economic indicators. The potential for a rate cut from the Federal Reserve could bolster demand for gold, as lower interest rates typically diminish the opportunity cost of holding non-yielding assets like bullion. However, if the Fed opts for a more hawkish stance, it may cap any upward movement in gold prices. Traders should consider adopting a strategy that involves buying on dips, particularly near the support level of $2,600. Implementing stop-loss orders below these levels is crucial to manage risk effectively, especially in this volatile market environment.
FOREXCOM:XAUUSD
by Exness_Official
Gold price analysis December 19⭐️Fundamental Analysis Gold prices fell sharply due to the impact of the Fed's less dovish outlook. Fed Chairman Powell emphasized cautious policy in the context of ongoing high inflation risks. The Fed forecasts inflation target to reach 2% in the next 1-2 years, indicating slow progress. The latest dot chart shows few interest rate cuts until 2026, stabilizing the Fed funds rate at 3.4%. ⭐️Technical Analysis Gold prices fell to the 2685 area and were accepted by buyers to push prices up around 2610 in the Asian session. If the European session fails to break 2613, Gold will continue to fall in the European session and the destination is relatively far away at 2585-2558. In case the resistance zone at 2613 is broken, the direction is towards 2633, which is the first corrective wave SELL zone and the second corrective wave SELL zone around 2663
OANDA:XAUUSD
by TVS-Trader
$2800- $3000: how does gold hold steady amid global uncertainty?Gold has once again emerged as a focal point in global financial markets, gaining significant attention from investors amidst economic instability and geopolitical tensions. In 2024, the price of gold increased by over 28%, reaffirming its role as a reliable asset for capital preservation during uncertain times. Below, we explore the primary factors influencing gold prices, investment strategies, and future prospects for this precious metal. What Drives Gold Prices? 1. Geopolitical Tensions as a Catalyst: Political and military conflicts , such as those in the Middle East, amplify the appeal of gold as a "safe haven." During periods of uncertainty, gold becomes a hedge against shocks in the global economy, prompting higher demand from both individual investors and institutions. 2. Impact of U.S. Federal Reserve Policy: The Federal Reserve's monetary decisions significantly influence gold prices. The current economic environment, shaped by pressure for lower interest rates, benefits gold as an asset class. Under the influence of a potentially “dovish” U.S. administration, expectations of sustained inflation and reduced rates create a favorable backdrop for gold. 3. Increased Central Bank Purchases: Central banks worldwide have been actively boosting their gold reserves. Gold serves as a hedge against inflation and currency fluctuations, particularly for economies in regions like India and the Middle East, where the metal holds cultural and financial significance. Investment Opportunities in Gold Investing in gold offers diverse options, each catering to different risk appetites and levels of expertise: • Gold ETFs: Exchange-traded funds are an accessible entry point for novice investors due to their simplicity and low barriers to entry. These funds allow investors to gain exposure to gold without the complexities of physical ownership. • Shares of Gold Mining Companies: Stocks in companies like Newmont (USA), Barrick Gold (Canada), and Freeport-McMoRan (USA) offer potential for higher returns compared to direct gold investments. However, they come with added risks due to market volatility and company-specific factors. • Gold Futures: Futures contracts enable investors to lock in prices and mitigate volatility. This strategy is best suited for experienced investors who understand market dynamics and risk management. Outlook for 2025 The combination of geopolitical instability, high inflation, and low interest rates sets the stage for continued growth in gold prices. Over the next six months, gold prices are projected to reach $2800 per ounce. While crossing the $3000 mark may seem overly optimistic, it remains a possibility under certain geopolitical scenarios. As global economic uncertainties persist, gold's role as a stable and reliable investment is likely to strengthen, ensuring its continued relevance in diversified portfolios. NYSE:NEM TSX:ABX NYSE:FCX
TVC:GOLDLong
by juliakhandoshko
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.
TVC:GOLDShort
by goldenBear88
1
XAU/USD 19 December 2024 Intraday AnalysisH4 Analysis: -> Swing: Bearish. -> Internal: Bullish. Analysis/Intraday expectation remains the same as analysis dated 16 December 2024. Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase. Price Action Analysis: Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity, for two possible reasons. 1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high. 2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855. Intraday Expectation: Intraday expectation and alternative scenario as per points 1 and 2. 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: Bearish. Price Action Analysis: Yesterday's analysis played out as expected with price targeting weak internal low, printing a bearish iBOS. Price has printed a bullish CHoCH, indicating, but not confirming bullish pullback phase initiation. We are now trading within an established internal range. Intraday Expectation: Price is currently trading at premium of internal 50% EQ where we could see a reaction. Price could potentially trade up to M15 supply level before targeting weak internal low priced at 2,583.915 Note: With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Technical Analysis for Gold Spot/USD (1-Hour Chart)Current Market Overview Current Price: $2,618.80 Trend: Bearish, with a significant downtrend after rejection from the $2,730 zone. However, a recent bounce near the NY Midnight Open ($2,610.32) suggests a potential short-term reversal. Key Levels to Watch: Resistance Levels: $2,640, $2,660, $2,686, and $2,700 Support Levels: $2,610, $2,580, $2,560 Bullish Scenario Technical Factors Price Action: The price has rebounded from $2,610, a critical support level, forming a higher low on the shorter timeframes. Green delta volumes near $2,610 suggest buying activity, supporting the recent bounce. Indicators: The pink EMA cloud is still bearish, but a sustained close above $2,620 will indicate a potential shift in momentum. The buying delta volume dominance (89.39%) signals bullish interest at current levels. Upside Potential: If buyers sustain above $2,620, the next resistance levels are $2,640 and $2,660. A breakout above $2,660 could lead to further upside toward $2,686 and $2,700. Probable Entry Points Entry: Aggressive Entry: Near $2,620 if bullish candles confirm strength (e.g., bullish engulfing). Confirmed Entry: Break and close above $2,640 with volume. Take-Profit Targets Short-term TP1: $2,640 (nearest resistance). TP2: $2,660 (key resistance with heavy sell-side activity). Extended TP3: $2,686 (next major resistance level). Stop-Loss Place SL below $2,610 to limit downside risk. Bearish Scenario Technical Factors Price Action: The price is still below the pink EMA cloud, and lower highs and lower lows dominate the larger trend. Rejection from $2,640 or failure to hold $2,620 will confirm bearish continuation. Volume Analysis: Despite the current bounce, strong sell volumes persist near $2,640 and $2,660, indicating that sellers remain active. Bearish continuation is likely below $2,610. Support Breakdown: A breakdown below $2,610 will open the path toward lower support zones at $2,580 and $2,560. Probable Entry Points Entry: Aggressive Entry: Near $2,640 if price rejects resistance with bearish confirmation (e.g., bearish engulfing). Confirmed Entry: Close below $2,610 with strong sell-side volume. Take-Profit Targets Short-term TP1: $2,580 (major support zone). TP2: $2,560 (key demand zone). Extended TP3: $2,540 (critical support). Stop-Loss Place SL above $2,640 to avoid being caught in a bullish reversal. Summary: Trading Plan Scenario Entry Zone Stop-Loss Take-Profit Targets Bullish $2,620 - $2,640 Below $2,610 TP1: $2,640, TP2: $2,660, TP3: $2,686 Bearish $2,640 - $2,610 Above $2,640 TP1: $2,580, TP2: $2,560, TP3: $2,540 Conclusion Bullish Bias: A break and close above $2,640 will shift the short-term trend bullish, targeting $2,660 and $2,686. Bearish Bias: Rejection at $2,640 or a breakdown below $2,610 will likely push the price lower toward $2,580 and $2,560. Recommendation: Watch price behavior around $2,640 (resistance) and $2,610 (support) for confirmation before entering a trade. Use tight stop-losses and follow volume dynamics closely to align with market momentum.
FX:XAUUSDLong
by ProspireWealth
GOLD H1 SHOWS BULLS / BEARS ?GOLD: Sideways Trend Persists Ahead of Fed Decision Gold price is currently trading in a sideways trend, struggling to find direction ahead of the Federal Reserve's policy announcement. The precious metal is caught between the 21-day Simple Moving Average (SMA) support at $2,655 and the 50-day SMA resistance at $2,671. Traders are adjusting their USD positions ahead of the Fed's decision, with mixed US PMI data and geopolitical tensions supporting gold prices. Markets have fully priced in a 25 basis point interest rate cut by the Fed. Technical indicators suggest a lack of clear directional bias, with the 14-day Relative Strength Index (RSI) trading flat at around the 50 level. Targets: Buy target : $2,700, $2,726 Sell target : $2,613, $2,600 Best Wishes Tom 😎
OANDA:XAUUSD
by Tom_Trades_670
2