GOLD SHORT TERM BULLISHGold has been ranging between daily resistance @2720 and daily support @2600. The bearish break of support @2600 did not hold below, therefore the bullish trend looks to continue. Watch PA to hold above 2600 for upside continuation. RM 2% of Equity.Longby FrontLineNegusMfalmeUpdated 11
GOLD ROUTE MAP UPDATEHey Everyone, Not much to update on our route map, as price is still playing within the range for tomorrows pre-fomc gear up. We are currently seeing price play in the retracement zone to provide support for the bounce with the full gap still left open at 2628. We also have the full bullish gap above left open at 2666 to keep in mind. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2666 EMA5 CROSS AND LOCK ABOVE 2666 WILL OPEN THE FOLLOWING BULLISH TARGET 2682 EMA5 CROSS AND LOCK ABOVE 2682 WILL OPEN THE FOLLOWING BULLISH TARGET 2697 EMA5 CROSS AND LOCK ABOVE 2697 WILL OPEN THE FOLLOWING BULLISH TARGET 2719 BEARISH TARGETS 2645 - DONE EMA5 CROSS AND LOCK BELOW 2645 WILL OPEN THE FOLLOWING BEARISH TARGET 2628 EMA5 CROSS AND LOCK BELOW 2628 WILL OPEN THE SWING RANGE SWING RANGE 2606 - 2586 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFXby Goldviewfx88212
GOLD → One final step remains before a drop. The target is 2587.Hello, dear friends! Let’s discuss and strategize today's gold trading opportunities with Ben! As predicted yesterday, gold prices dropped to $2,608, delivering a profit of approximately 200 pips. This decline was driven by pressure from Wall Street’s underperformance, which bolstered the strength of the US Dollar and Treasury yields. Investors are now eagerly awaiting clearer signals about the Federal Reserve’s monetary policy for 2025. In reaction to these developments, the US Dollar Index rose by 0.4%, hovering near its highest level in over two years. This diminished gold's appeal for holders of other currencies. Additionally, the yield on 10-year US Treasury bonds increased, adding further weight to gold prices. Looking ahead, the market remains focused on the outcomes of last week's Federal Open Market Committee (FOMC) meeting. A more gradual rate hike trajectory for 2025 is currently under discussion, with speculation that the Federal Reserve may pause interest rate changes in January or March. From a theoretical perspective, in the face of a strong US Dollar, gold has limited upside potential. If sellers maintain resistance below $2,620 and push to break the support level, the pair could target $2,587 in the medium term. Best regards, Bentradegold!Shortby BentradegoldUpdated 10
11.26 Gold Market Strategy Analysis: Spot gold is trading sideways at a high level, and is now quoted at $2,630/ounce. The support and pressure levels are high selling and low buying, with a pressure level of 2,642 and a support level of 2,613. Gold opened high in the morning of the Asian session, and tested the support of the 2,608 area on Monday. Gold closed at a high level on Tuesday, and ran above the 2,620 area again in the Asian morning session on Thursday, indicating that the support below is strong, and the support area is still bullish. The prediction and analysis of the Asian morning session showed that the 2,626 area above has been strongly broken, and the breakthrough will continue to look up. The focus of the day is on the 2,633 and 2,642 points above. These two points are also a matter of time. As long as you hold the long order, you can make more money! Yesterday, it was predicted that gold bulls will rise sharply in the Asian morning session today, and we have seen the results! The current highest is the 2,630 area. At this stage, it depends on whether it will continue to follow the analysis of the morning session. Wait and see! In terms of U.S. trading operations, hold long orders in hand. Gold is directly long near 2627. It has now broken through 2626. At this stage, it depends on the two points of 2633 and 2642. If it breaks through, continue to buy long. If it touches 2642 for the first time, you can sell short. See Just go to 2635-33. The U.S. market backtests 2633 and goes long again. Look above 2650! I said yesterday that if the market opens at a normal high, the expected limit of the bulls can be seen in the 2670 area! Gold trading strategy: Buy gold directly near the current price of 2627, with targets at 2642, 2650, and 2664; sell short if it reaches three points of 2642, 2650, and 2664 for the first time; buy long in batches if it reaches three points of 2624, 2621, and 2615; more real-time The layout is subject to the actual offer;Longby Caesar_Gorman01Updated 222
XAU/USD 20 December 2024 Intraday AnalysisH4 Analysis: -> Swing: Bearish. -> Internal: Bullish. FINAL ANALYSIS OF 2024! WISHING YOU ALL VERY HAPPY FESTIVITES. MAY 2025 AND OWNARDS BRING YOU ALL SUCCESS!! ANALYSIS WILL RESUME SECOND WEEK OF 2025 (DATE TO BE CONFIRMED) 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. FINAL ANALYSIS OF 2024! WISHING YOU ALL VERY HAPPY FESTIVITES. MAY 2025 AND OWNARDS BRING YOU ALL SUCCESS!! ANALYSIS WILL RESUME SECOND WEEK OF 2025 (DATE TO BE CONFIRMED) Analysis/bias remains the same as yesterday's analysis dated 19 December 2024. 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: by Khan_YIK221
Gold sell Entry Guys the keep holding the sell volume has increased,Gold next week hit monthly low.Longby Ictking09221
### Trading Idea for Gold (15-Minute Chart)### Trading Idea for Gold (15-Minute Chart) Market Overview: As we analyze the 15-minute chart for Gold, we are observing a potential bearish flag pattern forming. This technical setup can provide traders with opportunities for potential short positions, as it often indicates a continuation of the prevailing downtrend after a brief consolidation period. Bearish Flag Pattern: - Definition: The bearish flag pattern is characterized by a sharp price decline (the flagpole), followed by a period of consolidation (the flag), which slants upward or moves sideways. A breakdown from this pattern usually suggests that the prevailing downtrend is likely to continue. - Setup: Currently, Gold appears to be forming this pattern, suggesting a potential move to the downside if the price breaks below the support level. Breakdown Levels: - Key Support Level: Traders should monitor the lower boundary of the bullish flag. A decisive break below this level will confirm the bearish flag scenario and trigger selling momentum. - Targets: - Target 1: $2,680 - This level serves as a significant area of support where traders may see buying activity if reached. - Target 2: $2,660 - This target is close to the first target and indicates another potential support region where a bounce is possible. Invalidation Level: - Key Resistance Level: To validate the bearish scenario, a clear rise above $2,605 would invalidate the bearish flag setup. If Gold prices exceed this level, it may suggest the presence of bullish momentum, potentially leading to further upside. Trading Plan: 1. Entry: If the price breaks below the lower boundary of the bearish flag pattern and shows increased selling volume, consider entering a short position. 2. Stop-Loss: Set a stop-loss order above $2,609 to limit risk in case the market moves against the anticipated bearish scenario. 3. Take Profit: Consider two take-profit targets: - The first target at $2,680. - The second target at $2,660. 4. Monitoring: Keep an eye on market news and overall sentiment, as external factors (such as economic reports or geopolitical events) can significantly affect Gold prices. Technical Indicators to Watch: - Volume: Look for increased volume accompanying the breakdown to confirm the validity of the bearish flag. - RSI: Monitor the Relative Strength Index (RSI) for overbought signals, which could indicate that a reversal may occur if the bearish pattern plays out. Conclusion: If the anticipated bearish flag pattern plays out as expected, Gold could move towards the target levels of $2,680 and $2,660. However, vigilance is essential as a rise above $2,605 would invalidate this trading idea and potentially indicate a bullish trend. Always ensure to implement proper risk management strategies in your trading plan.Shortby SRFXGlobal118
GOLD - Price can break resistance level and continue to going upGOLD - Price can break resistance level and continue to going up In my chart as you all see sport touch 4 time to sport level and resistance touch 3 time to resistance level now is the time for gold to break the resistance Entry point 2632 Target 2679 Stop 🛑 Lose 2620 Gold break the resistance level and hit my target 🎯 Trade with your own risk Longby mrsagarfx9
GOLD trading liquidity is low during the Christmas holidayAmid sluggish trading during the holiday season, OANDA:XAUUSD decreased slightly, dragged down by the strength of the US Dollar and high US Treasury bond yields. And the market needs to wait for clearer signals from the Federal Reserve's 2025 monetary policy. Although the Federal Reserve cut interest rates by 25 basis points last week, this signaled fewer rate cuts in 2025, sending gold prices to their lowest since mid-month 11 last week. While non-yielding gold benefits from the low interest rate environment, the market will need to readjust expectations for the year ahead. The Federal Reserve's hawkish stance and fewer interest rate cuts in 2025 have weighed on gold prices, and gold will face pressure during the holiday week. Interest rate cuts initially boosted gold prices, but the Fed's forecast of only two rate cuts by 2025 (down from four in September) sparked a sell-off that sent gold prices to lows. lowest since mid-November. With economic data limited this week due to the Christmas holiday, gold prices are expected to remain in a tight range. Liquidity remains low, reducing volatility and keeping price action subdued. Gold has hit multiple record highs this year and is up 27% year to date, its best annual gain since 2010, thanks to strong central bank buying, geopolitical tensions and monetary policy monetary easing by major banks. President-elect Donald Trump will take office on January 20. The market is about to return to trading in a Donald Trump environment, we cannot forget the trading period when he was in office, how the market fluctuated with his emotions on each line. Analysis of technical prospects for OANDA:XAUUSD On the daily chart, gold continues to maintain activity below the confluence resistance area noted by readers in yesterday's publication at the upper price channel edge and the 0.618% Fibonacci level, to maintain the trend. main discount. While the recovery has been limited, gold is also trading above the $2,613 technical level, and gold could fall a bit further with a target of around $2,591 as it is sold below $2,613. The relative strength index (RSI) is operating below 50, which should be considered a negative signal for the trend of gold prices. During the day, as long as gold remains below the EMA21, the upper price channel edge and the 0.618% Fibonacci, it remains inclined towards a bearish outlook with notable technical points listed as follows. Support: 2,613 – 2,600 – 2,591USD Resistance: 2,634 – 2,643USD SELL XAUUSD PRICE 2646 - 2644⚡️ ↠↠ Stoploss 2650 →Take Profit 1 2639 ↨ →Take Profit 2 2634 BUY XAUUSD PRICE 2594 - 2596⚡️ ↠↠ Stoploss 2590 →Take Profit 1 2601 ↨ →Take Profit 2 2606by Xayah_trading7
XAUUSD GOLD Sell SideGo Through the This Analysis The Gold Price will Moved in Sell Side. Current Price will Moveing Between 2605 to 2607 if The Price will Breakout from There We see Price will High and Bearish Setp Traders. Resistance Zone 2610 Support Zone 2580/2570 You Can See More Details in the Chart PS Support with like and Comments for more Insights.Shortby Sense_TradingUpdated 7
Closing my order with Profit / #107 Profits rowAs discussed throughout my yesterday's session commentary: "Technical analysis: No changes so far on the Daily perspective (Gold is Trading within my model) as today’s session E.U. opening didn’t delivered any significant move towards any Buying or Selling pressure point /confirmation, even though Fundamental numbers throughout Friday’s session met the forecast and delivered relief for Gold Buyers, DX on a Fundamental surprise, delivered full bodied green candle. The Price-action remains Neutral above the Hourly 4 chart’s Support zone of #2,622.80 - #2,627.80 and below the #2,638.80 - #2,642.80 Resistance zone fractal so use mentioned zones as your Intra-day pointers. It is Natural that Price-action found both Sellers and Buyers as RSI hit the Neutral zone, and with the absence of macro-economic catalysts, strong Volatility is expected, and don’t be surprised if you see thin Volume throughout today’s session. As the market is waiting for a catalyst, I see no alternative under such a Neutral setting but to maintain my breakout strategy and watching closely DX, to carefully issue my next move. If however #2,645.80 breaks, Price-action will be calling for upside extension, where #2,622.80 break can open doors for #2,600.80 benchmark and #2,592.80 configuration sequence. Otherwise, Volatility will be on the main stage. I do believe Selling pressure is still present on market so take that into consideration prior to positioning." I have closed my Selling order (#2,628.80 - #2,611.80) on a fine #17-point Profit extending my results range to #107 Profits and #21 Stop-loss hits regarding December #2023 - December #2024 cycle along with pre and post Fed Profits I have made. Well done for Traders who followed my calls. My position: I expect Gold to remain heavily pressured and only #2,642.80 - #2,652.80 break-out restores Bullish Short-term trend / soaring hopes. Anything below, I will continue to re-Sell Gold on my re-Sell points. Keep in mind that Volume may be decreased due holiday throughout tomorrow's session.Shortby goldenBear886
Gold Consolidates Between Key Levels Amid Bearish TrendGold Technical Analysis The price recently reached the support level at 2585 and reversed. However, the bearish trend remains intact as long as gold trades below 2612. Gold is currently consolidating between 2612 and 2585. A breakout in either direction will determine the next trend: Stability above 2612, confirmed by a 4-hour candle close, suggests a move toward 2623. Stability below 2585 indicates a drop toward 2558. Key Levels: Pivot Point: 2612 Resistance Levels: 2623, 2638, 2653 Support Levels: 2586, 2572, 2558 Trend Outlook: Bearish Momentum: Likely below 2623 and 2612. Bullish Momentum: Possible above 2623. Previous idea: Shortby SroshMayi7
Don't be afraid of gold pullbacks, keep buying goldBros, gold rose as expected. We bought gold near 2625 and 2622 respectively, and closed the position manually near 2636, easily earning 250 pips. Congratulations to my friends who followed me to buy gold! Gold fell back as expected after touching 2639, but according to the current gold structure, gold has obviously shown strong resistance to falling, and the retracement space is small. Compared with the previous operation structure of gold, this is a typical rising cycle structure, so we still focus on buying gold in trading. As gold breaks upward, the retracement space below will gradually move up, so I chose to buy gold again near 2628. So when gold falls back to the 2630-2625 area, we might as well boldly buy gold! Bros, are you as long gold as me? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!Longby Trader_MarvinUpdated 9
My Best analysis Gold (XAU/USD) - Sell Setup This is a 1-hour chart analysis for gold (XAU/USD), highlighting a potential sell trade setup based on key technical levels: Entry Zone: Highlighted in the pink zone. Stop Loss (SL): Positioned at 2645. above the recent resistance level to minimize risk. Take Profit (TP) Levels: TP1: 2620 TP2: 2610 Analysis: The price is expected to respect the marked resistance zone and continue downward, targeting the specified TP levels. This setup aligns with the bearish market structure, offering a favorable risk-to-reward ratio.by LunaTrader_SingnalsProvider9
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.04:46by ForexWizard017
SHORT XAUUSDi doont wanna loss my revers chrismas rally lets short some XAU for Fun :) have nice day dude Shortby kaktoos135
Short XAUSD Bearish Continuation. spotted. market remain slow due to year end. Shortby AzrinJamaludin5
Gold on thin Volume / Trading break aheadQuick update: Gold is on well known holiday thin Volume Trading as I do not expect much from today's and tomorrow's session. Such sessions are best to be avoided by Retail Traders and take much needed break / rest along with many Bank holidays. I am on sidelines of course as I will not be engaging any kinds of positions. I will provide Yearly recapitulation on tomorrow's session analysis and will take break from Trading from #27 December to #3 January. Will continue posting my analysis on January #3. Thank you for following my analysis all these Years.Shortby goldenBear886
Gold: steady way up?It was a strongly challenging week for financial markets. The Feds projections for year 2025 came as a huge surprise, as “only” 50 bps planned cut during the course of the year, and persistent inflation was not something that markets were willing to hear, while preparing to close the year. The US Dollar gained in strength, bringing the price of gold toward the downside. The minimum weekly level reached was $2.587. The gold is ending the week at the level of $2.620. The RSI continues to move below the level of 50, indicating that the market is still not ready to make a clear move toward the overbought market side. The moving average of 50 days is trying to converge toward the MA200, but it slowly moves. Anyway, the potential cross is still not close. The week ahead brings the Holiday season on Western markets. Traditionally, this is not a time in the year when any high moves occur. In this sense, one could expect a relatively calm week when financial markets are in question. The price of gold will continue to follow its negative correlation with the US Dollar, with potential relatively smaller moves around current levels. by XBTFX6
Gold Likely Reached the Bottom Near 2644Gold Likely Reached the Bottom Near 2644 On Thursday, a bearish wave began, driven by speculations about the upcoming CPI and PPI data and the potential interest rate decision by the FOMC on Wednesday, December 18. The market is expecting a 25 bps rate cut from the FED, similar to the previous decisions, so it will not be a surprise. Trump's election victory is not expected to make a big difference in the FOMC monetary policy statement. There is no need for them to be more or less hawkish now. Considering that this meeting may not bring any major surprises, as many expect, we should see gold rising further from this area, with the probable bottom reached at 2644 for the time being. Gold appears to have completed a five-wave bearish wave down and may rise again from this zone, either for another similar wave or a smaller one. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Longby KlejdiCuni8844
GOLD: Assessing Recent Market Shifts and Future OutlookFollowing a significant drop triggered by the recent USD economic news, gold prices have begun an intraday recovery from a one-month low of approximately $2,602 as I write this article. The global risk sentiment has notably deteriorated in response to the Federal Reserve's hawkish stance announced on Wednesday. Geopolitical uncertainties and concerns regarding trade conflicts have also contributed to heightened demand for safe-haven assets like gold. From a technical perspective, the bearish momentum does not appear to be over. There exists the possibility that gold prices could experience a pullback, potentially retesting a previous demand zone that may provide some support. Furthermore, the Fed’s indication to decelerate the pace of interest rate cuts has resulted in rising yields on US Treasury bonds, which typically strengthens the US dollar. This dynamic may serve to limit any further upward movement for gold, which does not yield interest, making it less attractive in comparison to interest-bearing assets. As a result, traders with bullish positions should exercise caution as the market navigates these complex influences. Previous Forecast : ✅ Please share your thoughts about GOLD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution. Shortby FOREXN1227
GOLD - BEARISH DOUBLE TOPHello Traders ! The Gold price failed to create a new higher high ! The price formed a double top pattern. Currently, The neckline is broken ! So, I expect a bearish move📉 ______________ TARGET: 2564.000🎯Shortby Hsan_Benhmed5514
XAUUSD BUY NOW (READ CAPTION)Today December 24,2024 the technical analysis of gold Against the us dollar regarding a potential buy opportunity . Technical analysis : .Resistance Level: Analysts identify key resistance at 2633 ,A breaks above this level could go further upward movement up to 2645-2660. .Support Levels : Support is noted around 2600-2590. Technical analysis indicates a Bullish trend for Gold , must share your ideas about my chart ,Like ,comment, and follow for more accurate updates and insights . Longby ALLEYPROFESSIONALSUpdated 11