TP 2961 for monday updateThis is now going into next bullish phase
gold will continue its bullish formation
set targets 2961.67 for upside once it reached we will see further movement
GOLDMINICFD trade ideas
GOLD: Retesting trend support before the NEWS.:
🚀 XAU/USD Bullish Outlook – Ascending Channel Holding Strong! 📈
🔹 Gold Spot (XAU/USD) – 1H Chart Analysis
📊 Current Price: $2,937
🎯 Target 1: $2,960
🎯 Target 2: $2,980
🛑 Invalidation: Break below the trendline
📌 Key Insights:
✅ Ascending Channel Intact: Gold is trending within a well-respected ascending channel, with price bouncing off the lower boundary, signaling bullish strength.
✅ Strong Support & Liquidity Areas:
The recent Fair Value Gap (FVG) and Break of Structure (BoS) indicate key liquidity zones where buyers have stepped in.
A confirmed Change of Character (ChoCh) suggests a shift back to the upside.
✅ Bullish Momentum Building:
Price recently bounced off trendline support, forming higher highs & higher lows – a textbook bullish structure.
If momentum holds, we could see $2,960 - $2,980 in the coming sessions.
🚨 Risk Management: A break below the trendline could invalidate this bullish setup, potentially leading to a drop toward $2,900 support.
📢 Do you think Gold will hit $2,980? Comment below with your thoughts! 👇👇
#Gold #XAUUSD #Trading #Forex #TechnicalAnalysis #AscendingChannel #BuySignal 🚀🔥
Weekly Edge – End of Week 08, Prepping for Week 09 Market Overview
Quarterly Chart
- Bullish momentum continues into Q1 2025, printing new highs above Q4 2024 levels.
- Six consecutive quarters of higher highs and higher lows reflect sustained bullish momentum.
Monthly Chart
- Breakout from a short consolidation phase, with January closing above December and November highs.
- Price has broken above the recent swing high near 2780.
- An imbalance just below 2780 could serve as a point of interest (POI) for potential long continuations.
Weekly Chart
- Bullish momentum continues, with higher highs and higher lows since January 2025.
- Price has traded above the previous intermediate-term high (ITH) at 2790 and the psychological level of 2800.
- Recent weekly candles closed within the previous week’s range, signaling a potential slowdown in momentum.
Daily Chart Analysis
- Consolidation range between 2940 (high) and 2860 (low).
- Price tested highs near 2955 but stalled around the ITH at 2942.
- Strong rejection on Friday’s retest of Week 7’s Friday close suggests a valid POI for potential long continuations.
Trade Setup & Execution
Long-Term Bias
- Bullish momentum remains strong on higher timeframes, favoring long continuations
Short-Term Bias
- Shorts are valid for potential reversals from current highs, targeting the range low near 2860.
Trade Updates
- Short entry on Wednesday based on a lower-timeframe reversal signal, exited with a small loss.
- Re-entered short on Friday after observing another reversal signal.
Key Observations & Strategy for Week 09
- Stick to the plan and focus on execution without improvisation.
- No attachment to trades—exit and reassess if invalidated.
- Define a clear plan, execute it, and reassess post-trade.
- Avoid mid-trade discretionary changes to ensure consistent outcomes.
Final Thought
The market moves on its own terms. Consistent execution and learning from each trade will provide an edge over time.
#XAUUSD #Gold #TradingView #MarketAnalysis #PriceAction #WeeklyEdge #PipsnPaper
Bearish Harmonic on $XAUUSD - D1 ChartThe OANDA:XAUUSD must close below 10 SMA before taking shorts. The bearish harmonic is valid until $2988. Final Target $2727
GOLD -bias short Bullish indications:
Making HHHL in day time frame .
Bearish indications:
bearish divergence in day time frame.
4 hr :hS formation made with bearish divergence .
MA 21 is also getting respected.
Current point will be the right point to short as
trend line support broken.
2nd trend line support is also broken.
next target can be 2912
bearish engulfer candle in 15 min but MA is still below the candle but ma 200 respected .
Trade Plan bias short @ 2931.5
SL:2941.2
TP1:2921.5
TP2:2912.5
XAUUSD - ANALYSIS👀 Observation:
Hello, everyone! I hope you're all doing well. Let me share my personal view on Gold (XAU/USD) with you.
Based on the chart, I expect gold to continue its bullish trend. I have two targets in mind:
First target: 2995.996
Second target: 3000.000
However, before reaching these levels, I anticipate a small pullback around 2960, possibly dropping to the range of 2941.960 – 2941.040, before resuming its upward movement.
📉 Expectation
Bullish Scenario: Gold continues its uptrend toward 2995.996 and 3000.000.
Possible Pullback: A slight retracement around 2960, potentially reaching 2941.960 – 2941.040, before resuming the uptrend.
💡 Key Levels to Watch:
Resistance: 2995.996, 3000.000
Support: 2960, 2941.960, 2941.040
💬 What’s your outlook on Gold? Let me know your thoughts in the comments!
Trade safe
BEAR TRAP? As illustrated, Im trying to visualize what could have been a bear trap.
Price actually consolidated at the ATH level, instead of selling off like it has done in the past when liquidating massively...
That behavior goes against "usual" patterns of selling, which leads me to believe that the obvious won't be that easy.
Until the market proofs otherwise, I don't trust the slight drop / reaction the market had after reaching ATH.
If this scenario plays out, I believe ASIA will do the dirty work of taking everyone out when they sleep in America's; potentially reaching psychological prices of 2950 - 2070 range with the help of LONDON.
Maybe then NY would look for a sell-off. MAYBE... because keep in mind we are coming from a very strong rebound on Monday after a sell-off that already took place ...
Of course, the market could consolidate once more how it did toward the end of 2024; however, the circumstances with TRUMP'S economic agenda is, as a matter of fact, giving gold more strength than ever before since its safe heaven demand just keeps increasing...
..
GOOD LUCK!
xau next moveGold next expected move in small tf. pure structre wise market make QM pattren and now market reach at retest area.
World gold price today"Gold's increase over the past two months has exceeded the normal trend, so there may be a correction. However, I think this decline will only be short-lived and insignificant. The reasons why investors buy gold are still there, while North American investors have not increased strongly."
"Gold reached a record high of nearly 2,955 USD/ounce on February 20. However, technically, it is starting to show signs of being susceptible to a downward correction. The increase of more than 13% from the beginning of the year until now may cause investors to falter and slow down their buying momentum."
The world gold market continues to fluctuate strongly due to the impact of President Donald Trump's policies. Kitco News' latest weekly gold survey results show that industry experts are cautious about the yellow metal's short-term prospects. Meanwhile, retail traders are optimistic, with prices forecast to continue rising this week.
Next Move would be new All time high or lower ?Next Move would be new All time high or lower ?
Sell limit from 2940 - 2940.00
SEE MY NEXT WEEK TARGETHello guys if anyone is not getting this week's target they can follow this this is a confirmed target
GoldXAUUSD ( Gold / U.S Dollar )
Completed " 12345 " Impulsive Waves
Break of Structure
Rising Wedge as an Corrective Pattern in Short Time Frame
Change of Characteristics
RSI - Divergence
Gold's decline continues...I think it's going down 📉. The big and red candles with a needle have double-checked Fib 0.72 twice. and Fib.5 has been drawn 😱. I saw the 2924 needle and thought that the SL Hunt of the entries (Long) would go down 😡. If you look closely, it looks like a head and shoulders pattern has been formed 🧐 I shared my favorite. Good luck👌
Gold’s Target – Major Bullish Move Ahead? 3169.30?Gold has been following a long-term Elliott Wave cycle since 1970, and Wave 5 is now in progress!
Key Wave Structure:
✅ Wave 1: $35.85 → $875
✅ Wave 2: $252.1 (Correction)
✅ Wave 3: $1920.94 (Major Bull Run)
✅ Wave 4: $1046.54 (Final Pullback)
🔥 Wave 5: Currently playing out!
Potential Wave 5 Price Targets 🎯
Using Fibonacci Extensions from Wave 3 & Wave 4:
📌 100% (1:1 of Wave 3) → $2715.38 ✅ (Hit in Nov 2024!)
📌 1.272 Extension → $3168 - $3200 (Next Major Resistance)
📌 1.618 Golden Ratio → $3748 - $3800 (Extended Target)
📌 2.0 Extension (Supercycle?) → $4300 - $4800+ 🚀
💡 Key Takeaways:
Gold’s Wave 5 is accelerating, and new all-time highs are possible!
If the bullish momentum continues, $3200+ is the next key zone.
A supercycle rally could push Gold toward $4000 - $4800.
🔔 Will Wave 5 extend further? Drop your thoughts below! 👇🔥 #Gold #ElliottWave #XAUUSD
Daily Analysis- XAUUSD (Thursday, 20th February 2025)Bias: Weak Bearish
USD News(Red Folder):
-None
Analysis:
-ATH being created many times, price showing minor rejections
-Looking for price to reject the current ATH with a bearish structure
-Potential SELL if there's confirmation on lower timeframe
-Pivot point: 2950
Disclaimer:
This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.
FOMC NEWS GOLD BULLISH NEXT TARGET 2950Hey there on 2HTF we are seems that Gold may be pullback on FOMC news when FOMC news release we can see the trend line support area from 2915 must be buy bullish candle continue rise from this area and further if the price touch 2905-2901 this is major support for buyers if the price decline than possibly we may see next 2865 confirm
So the bullish side we may see from 2915-2905-2901 if price rise we can see next HH 2947-2950-2954-2962-2968 these area will confirm touch
GOLD SELL 2920Hey there on 30MTF Gold looking for drop continue from the new HH level 2947 so now we can see 3 continue 30MTF candle drop with this level we can see 2920 level
hit the target :) Gold has reached the $2,929 target, confirming the bullish trend. Strong buying pressure pushed the price higher, and the market maintained its upward momentum
Sell high and buy low within the regionDear Traders,
During the rebound, gold briefly reached around 2915 but failed to sustain the move. This indicates that the 2915-2920 resistance zone remains effective in the short term, and gold is struggling to form a strong upward momentum. On the downside, after multiple tests, gold has established strong support in the 2890-2880 region.
Therefore, based on the current situation, gold is likely to continue oscillating within the 2920-2890 range in the short term. For short-term trading, we can still employ a "buy low, sell high" strategy within this range.
Bros, do you know how to execute the high-sell-low-buy trading method in the area? 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!
Has gold risen and fall peaked?Today's short-term gold operation ideas suggest that it is mainly long for pullbacks and short for rebounds. The short-term focus on the upper short-term focus on the 2950-2954 line resistance, and the short-term focus on the 2918-2910 line support.
Short order strategy:
Strategy 1: Gold rebounds around 2950-2953 and shorts two-tenths of positions in batches, stop loss at 8 points, target around 2935-2920, break the position and look at the 2915 line;
Long order strategy:
Strategy 2: Gold pulls back around 2913-2916 and goes long in batches of two-tenths of positions, stop loss at 8 points, target around 2920-2930, break the position and look at the 2940 line;
The decline of gold has not yet ended and the bearish trend contUS gold trading focuses on the 2933-2937 line, the watershed is 2940, and the target is 2918-2910! If the strong support reaches 2906-2907, we can wait for another wave of rebound!
In terms of trading, yesterday we saw the European session break the high and rise. In the afternoon, gold rose as expected, and the price accurately reached the target pressure level of 2955. Members’ real orders were long at 2940 and stopped at 2954, winning 14 US dollars. As for why we did not go short at the pressure of 2955, the main reason is that we only follow the trend and look for support to go long, rather than go short against the trend and go short at pressure.
Gold’s Wild Ride: From Record Highs to Sudden Sell-OffsLast week was highly volatile for Gold prices.
After reaching a new all-time high on Tuesday, the price dropped sharply by approximately 800 pips. However, it began recovering on Thursday and climbed back to the 2940 zone on Friday.
In the final hours of trading, Gold experienced another sharp decline, closing the week exactly at the 2880 support level.
These repeated sell-offs from the all-time high suggest that a deeper correction may be underway, potentially confirming a double-top pattern. If this scenario unfolds, the measured target for the drop could be around 2820.
With this in mind, I will look to sell rallies against the recent 2940 all-time high.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
