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XAUUSD trade ideas

Gold Price Analysis| BullishHi there, The gold price is anticipated to drop for a pullback and rise to three potential levels, targeting a bias of 2745.736, in accordance with the W-Z pattern of ABC-D. The (DX) is where most bullish pressure was active, which was almost at the retest of the dotted trendline break. If the bears break the dotted trendline, the setup will be invalidated. Overall, gold is unstable, lacking clear volatility. A possible indication of clarity may come next month. Happy Trading! K.
OANDA:XAUUSDLong
by Khiwe
Accumulated gold - information about interest rates is comming ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) inch higher during Tuesday's Asian session but struggle to sustain momentum, hovering near the one-week low reached on Monday. Market participants remain cautious, awaiting the conclusion of the Federal Reserve's two-day meeting on Wednesday before making new directional moves. Attention will center on the Fed's policy statement, the updated dot plot, and remarks from Chair Jerome Powell during the post-meeting press conference. Investors are keen for insights into the future path of rate cuts, which could influence the US Dollar (USD) and provide clearer direction for gold prices. ⭐️Personal comments NOVA: The market is currently waiting for important information to lower interest rates tomorrow. The positivity will return when it reduces another 0.25 points tomorrow. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2678 - $2680 SL $2685 TP1: $2670 TP2: $2660 TP3: $2650 🔥SELL GOLD zone: $2663 - $2665 SL $2668 scalping TP1: $2655 TP2: $2640 TP3: $2630 🔥BUY GOLD zone: $2626 - $2624 SL $2619 TP1: $2635 TP2: $2648 TP3: $2655 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
OANDA:XAUUSDShort
by Nova-Scalper
1
XAUUSD: 17/12 Market Analysis and StrategyTechnical analysis of gold Daily resistance 2725, support below 2627 Four-hour resistance 2673, support below 2627 Gold operation suggestions: Gold is currently in a volatile situation. As for the current trend, the two consecutive days of retreat last week have basically destroyed the previous upward trend. The daily short-term moving average has also formed a suppression pattern. The previous support level is also likely to be converted into top pressure, forming a suppression effect. In terms of operation, it is still treated as a rebound short. From the 4-hour analysis, the upper short-term resistance continues to focus on the NY market high of 2662 last Friday. The intraday pullback relies on this position to continue to be short and follow the trend to fall. Pay attention to the short-term support of 2640 below, and focus on the support of 2627. BUY:2645near BUY:2627near The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.
TVC:GOLDShort
by ActuaryJ
XAU/USD Strategy: Selling Rallies Amid Bearish StructureIn my analysis of XAU/USD yesterday, I highlighted that after the 800-pip drop, a rebound was likely. However, given the weekly Pin Bar and the bearish daily structure, I emphasized that any upward move should be viewed as a correction and an opportunity to sell. Indeed, the market did see a rebound, but it was weak and short-lived. After reaching the 2665 zone, the price reversed to the downside and ended the day with minimal change. Currently, the price sits at 2652, with the recent lows now acting as confluent support, reinforced by the rising trendline from the recent bottom. A decisive break below this support zone would shift focus to the next key level at 2610-2615. My strategy remains unchanged: I continue to look for selling opportunities on rallies.
OANDA:XAUUSDShort
by Mihai_Iacob
1
GOLD LIVE TRADE - 3193$ Profit booked 🚨 Live Trade Update - OANDA:XAUUSD 🚨 Just closed another successful trade with $3193 profit! 📈 As always, this was executed live right here for you all to see. The strategy I applied ? Gann Astro Trading combined with advanced mathematical calculations using proprietary backend software. This isn’t something you’ll find in books or from typical traders because TIME is more important than PRICE, and price is nothing but an illusion . Over the past 5 years, I’ve cracked the intraday trading code using Gann Astro principles, delivering precision and consistency you won’t see elsewhere. While others rely on signals and gamble blindly, I rely on superior techniques and deep market understanding. ⏳ Stop watching scams and signal sellers. If you’re serious about learning the real way to trade, DM me for 1-on-1 mentorship and elevate your trading game. 🎥 Stay tuned for my live trade execution uploads. 🚀
CAPITALCOM:GOLDShort
by GannAstroTrader
XAUUSD still at the bottom of the 1 year Channel Up. Strong Buy.Gold (XAUUSD) has been trading within a 1-year Channel Up since the October 02 2023 weekly bottom. When it makes a technical Higher High and then pulls back, the pattern's Bearish Legs tend to be quite prolonged but at the same time always supported by the 1D MA100 (red trend-line). The current Bearish Leg bottomed on the 1D MA100 on the week of November 11 2024 and made a technical Higher Low. Based on the previous two Higher Lows, the price may continue to consolidate until the end of the year before it breaks out again upwards but with the current level being so close to the 1D MA100, it makes it already a technical buy opportunity. All previous Bullish Legs hit at least the 2.5 Fibonacci extension from the Higher High - Higher Low and the strongest rise has been +22.50%. As a result, we can target $3100 as the Channel's next Higher High, which would be a +22.50% rise from the November bottom but still below the 2.5 Fibonacci extension. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSDLong
by TradingShot
THE KOG REPORT - UpdateEnd of day update from us here at KOG: A nice end to the week with gold giving us the long into the level we wanted and then the red box reaction giving the short trade. We're now approaching the key level support and order region 2650-55 which is where we would expect a potential RIP. For now, we're done for another successful week on the markets, red boxes playing out perfectly, the KOG Report near enough with a little modification to the plan. Wishing you all a great weekend ahead and we'll be back on Sunday with the KOG Report and our view for the week ahead. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
4
FED RATE-CUT / WEEKLY PLAN 16-20 DEC, 2024World situation: Although gold posted some losses, it remains up nearly 1% for the week, supported by a mix of US economic data. While inflation figures were varied, the latest Initial Jobless Claims report strengthened investor confidence in a December rate cut by the Federal Reserve. Attention now shifts to the Fed’s December 17-18 policy meeting, with traders pricing in a 93% likelihood of a 25 basis point cut, according to CBOT data. Following the announcement, all eyes will be on Fed Chair Jerome Powell’s press conference for insights into the policy direction for 2025. 🔥 Identify: H4 is seeing price close to the bullish trendline - which will be validating the last rate cut of year. There will be some upside but it will still be difficult to break above the 2723 price zone 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, Pips & Profit identifies the important key areas as follows: Resistance: $2678, $2723 Support : $2613, $2590, $2535 Let's support "Pips & Profit" by LIKE AND COMMENT TRADINGVIEW. Thank you very much everyone 💙
OANDA:XAUUSD
by PIPS_n_PROFIT
2
Set-and-Forget Trading: A Path to Consistency and FreedomForex trading often feels like a full-time job, demanding constant attention and endless decision-making. However, the set-and-forget trading strategy offers a structured and stress-free alternative, allowing you to trade confidently while enjoying the freedom to focus on other aspects of life. Here, we’ll refine the essence of this strategy and show how it can lead to consistent, profitable results. What Is Set-and-Forget Trading? Set-and-forget trading is a disciplined approach where you analyze the market, identify key levels, place your trades with defined parameters, and step away. This method prevents over-trading, minimizes emotional interference, and fosters a calm, calculated mindset. This strategy is especially appealing for traders balancing other responsibilities, offering the dual benefit of effective trading and time efficiency. Mastering Key Market Levels At the core of set-and-forget trading lies the identification of significant price levels, such as support, resistance, and trendlines. These levels act as your map for setting entries, stop-losses, and profit targets. The precision of your analysis at this stage determines the success of your strategy. Key levels are not random—they are where the market historically reacts, making them the most probable zones for price movement. Avoiding Common Pitfalls: While set-and-forget is a powerful approach, it’s not without its challenges. Overanalyzing after placing your trades can lead to unnecessary adjustments, which defeats the purpose of this strategy. Similarly, setting unrealistic expectations can lead to frustration—accept that no strategy is perfect, and focus on long-term profitability. Finally, proper risk management is non-negotiable . Always adhere to your predefined stop-loss and position-sizing rules to protect your capital. Placing Trades With Confidence Once you’ve identified the key levels, craft a clear plan for each trade. Define your entry point, stop-loss, and take-profit levels. Limit orders are the cornerstone of this strategy, ensuring your trades are executed precisely at your chosen levels, even when you’re not actively watching the market. This planning requires discipline but reduces the risk of hasty, emotionally charged decisions. The Art of Letting Go Perhaps the most challenging part of set-and-forget trading is stepping away from the charts after placing your trades. However, this step is crucial for maintaining discipline and avoiding impulsive changes to your strategy. Trust your analysis and let the market unfold naturally. By walking away, you also protect yourself from overanalyzing minor fluctuations, which can lead to emotional and costly adjustments. Why This Approach Works The power of set-and-forget lies in its simplicity and alignment with key trading principles: Emotional Discipline: By predefining trades, you avoid the temptation to deviate from your plan. Time Efficiency: Spend less time glued to the screen and more time pursuing other goals. Consistency: Trading from key levels with a clear plan fosters long-term profitability. Handling Challenges With Grace Even with set-and-forget, it’s vital to remain realistic. Not every trade will be a winner, and patience is required. Proper risk management, such as adhering to your stop-loss and avoiding excessive position sizes, ensures that even losses are manageable. Another benefit of this approach is that when trades at key levels don’t hit their targets, price often rebounds or retraces, providing opportunities to minimize losses or exit at breakeven. Final Thoughts Set-and-forget trading is a mindset as much as it is a method. It requires patience, discipline, and trust in your strategy. By focusing on key levels, pre-planning trades, and letting the market work for you, you gain not just trading profits but also mental clarity and freedom. If you’re ready to simplify your trading and embrace consistency, set-and-forget could be the transformative strategy you’ve been seeking.
FX:XAUUSDEducation
by Mihai_Iacob
2
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Lovely! We picked that high well on gold with price attempting it, giving the tap and bounce and giving a nice short to end the day back down into the bias level 2680. We now have support here on the 4H which if held, should give traders and opportunity to get a long into the resistance levels of 2685, 2690-5 which is now a key level. Quick one today, we'll be back again tomorrow to close of the week. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
10
Gold: Navigating a Range-Bound Phase After the DropGold (XAU/USD): Consolidation in a Bearish Territory Amid Uncertainty The gold market has entered a consolidation phase, trading within a defined bearish range following a sharp sell-off on Wednesday. This pullback comes as the precious metal adjusts to a complex interplay of technical and fundamental factors, with current attention focused on the critical price levels of 2622 – 2581. A deeper look into the backdrop reveals that sentiment remains subdued due to broader market dynamics, and the technical setup underscores the vulnerability of gold prices as they test recent lows. Fundamental Overview: Fed’s Conservative Stance and Market Implications The Federal Reserve’s latest policy meeting on Wednesday had ripple effects across global markets. Adopting a more cautious stance, the Fed announced plans for just two rate cuts in 2025. This decision disappointed investors hoping for a more dovish approach and weighed heavily on risk-sensitive assets, including gold. Meanwhile, the dollar emerged as the clear beneficiary, strengthening to new local highs as traders flocked to safe-haven assets tied to U.S. monetary policy. The dollar’s rally placed additional pressure on gold, which often moves inversely to the greenback. However, the broader implications extend beyond just this week. Gold's recent struggles highlight the ongoing challenge of balancing inflation expectations, geopolitical risks, and macroeconomic trends. Looking ahead, today’s release of the Personal Consumption Expenditures (PCE) index—widely regarded as the Fed’s preferred measure of inflation—could introduce another layer of volatility. A surprise deviation from expectations in the PCE data, whether upward or downward, could significantly impact gold prices. Furthermore, any unexpected escalation in political uncertainty, whether domestic or international, has the potential to act as a short-term catalyst for the metal, possibly leading to a recovery attempt toward resistance levels. Technical Analysis: Testing the Lows in a High-Volatility Environment From a technical perspective, gold remains entrenched within a consolidation zone after the steep decline earlier this week. Such a pattern is not uncommon at this time of year, characterized by thin liquidity and heightened volatility as institutional players wind down for the calendar year. Price action suggests that the market is trading in a relatively wide range, bounded by key resistance levels at 2616 – 2622 and notable support levels at 2589, 2581, and 2560. Currently, prices hover near the lower end of this range, testing the support levels repeatedly. If the support at 2581 holds, it may trigger a short-term recovery toward the upper boundary of the range. However, any failure to defend these levels could lead to a retest of deeper support at 2560, further cementing the bearish outlook. Conversely, on the upside, resistance around 2616 – 2622 remains critical. A breakout above this zone may entice bullish momentum, but such a move is likely to be capped or short-lived, given the overarching fundamental headwinds. In fact, a retest of this resistance could result in a false breakout scenario, where prices temporarily breach the level before reversing sharply back into the range, targeting local lows. Trading Strategy and Broader Market Context For traders navigating the current environment, the focus should remain on the boundaries of the consolidation range. Range-bound strategies, such as buying near support and selling near resistance, could be effective in the short term. However, caution is warranted given the heightened sensitivity to macroeconomic events, including today’s PCE data release and potential geopolitical developments. In the longer term, the bearish undertone suggests that gold may continue its descent unless a significant shift in fundamentals alters the market narrative. Any sustained rally would require a combination of favorable catalysts, such as a dovish pivot from the Fed, a weakening dollar, or heightened geopolitical tensions. Conclusion Gold’s journey through this consolidation phase is emblematic of the broader uncertainty gripping financial markets. While the precious metal has shown resilience in the past, the current setup underscores the challenges it faces in a bearish environment. Resistance at 2616 – 2622 and support at 2581 – 2560 serve as pivotal levels to monitor, with price action within this range offering opportunities for tactical trades. In the grander scheme, the coming weeks will likely determine whether gold can break free from its consolidation or succumb to further selling pressure. As we approach the end of the year, reduced liquidity and heightened volatility will remain defining features of the market, setting the stage for potentially significant price swings in early 2024. (The market decides how much profit you make. You decide how much you lose.)
OANDA:XAUUSDShort
by lonelyPlayer0
Gold on the Rise: Is $2700 Within Reach?Hey Realistic Traders, Will OANDA:XAUUSD Return to the $2700 Territory? Let’s Dive In... In the H4 timeframe, Gold rebounded decisively above the 0.618 Golden Ratio Fibonacci level, marking the end of the minor correction within the broader bullish trend in the Daily timeframe. This move laid the foundation for a bullish flag pattern to emerge. The breakout from the flag pattern was confirmed with the formation of two bullish Marubozu candlesticks. At the same time, the MACD indicator signaled a bullish crossover, adding further confidence to the case for continued upward momentum. Given these strong technical signals, I foresee an upward movement toward the first target at 2715.097. Upon reaching this level, a minor pullback is likely before the rally gains traction again, pushing toward the second target at 2758.970. However, this bullish outlook hinges on the price maintaining support above the critical stop-loss level at 2613.372. Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below. Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Gold".
OANDA:XAUUSDLong
by financialfreedomgoals101
XAUUSD Breaks Down from Triangle – Bearish Move UnfoldingGold (XAUUSD) has broken down from its triangle pattern ⚠️, signaling a potential move to the downside. 🔍 Key Observations: Pattern Confirmation: Price has broken below the triangle structure, a classic bearish signal. Weak Support: Buyers failed to hold critical levels, increasing selling pressure. Volume Rising: Breakdown comes with growing volume, suggesting strong momentum from sellers. 📊 If bears maintain control, key demand zones could be tested next. Watch closely for reactions at these levels. Will bulls step in to reverse the move, or are we heading for deeper lows? 📉 Let’s see how Gold plays out!
OANDA:XAUUSDShort
by ashwani500
XAU/USD 14.12.2024OANDA:XAUUSD Hello traders, after we broke my last wave 4, I reinterpreted my chart view. Essentially, my second plan is now in effect. For now, we have a big (a)(b)(c) setup, within which we see a 12345 count. Currently, we are in waves 1 to 2. Wave 1 is structured as an abc correction, which itself follows an abc structure. Within the corrective wave b to c, we can also count a 12345 wave setup. Take profit for the sellers would align with the blue Fibonacci extension levels. The 100% extension (the first target) doesn't look very promising to me. It is near the 61% (orange) Fibonacci level but feels too far away. We might observe some bullish momentum there, but likely not enough. The 161% Fibonacci extension (blue), however, aligns almost exactly with the 78% Fibonacci level. If the price reaches this depth, we will likely see many traders closing their sell positions and others opening buy positions. This could generate enough momentum to create a new minor wave 1, which could then evolve into a 12345 setup for our (orange) wave (3). This is one potential scenario, but we need to observe what happens next week. If we see an impulsive move to the upside from another level, I will look for a new wave 1 and then search for higher highs. Wishing you the best of luck!
OANDA:XAUUSDLong
by NeptenFX
1
XAUUSD (Gold) #FOMC Signal in Short AreaHello friends here is my XAUUSD(Gold) ideas about FOMC Economic Projections and Fed Press Conference ,lets share your opinions about the signal . The R1 is 2652 if its breaks the zone then it can go for long ,for long target you can view my last chart about Gold .if its breaks the S1 then my bearish target is declared in the chart so lets follow my signal and share your precious thoughts about my chart . Follow me for timely updates boost my post and support with your likes and comments .
OANDA:XAUUSDShort
by ALLEYPROFESSIONALS
The Effect of Sun in Capricorn on GoldThe Effect of Sun in Capricorn on Gold (21st December - 30 Days Forward) Historically, when the Sun transitions into Capricorn, gold exhibits a 90% probability of bullish movement within the following 30 days. Key Observations: 1. Seasonal Bullish Pattern The Sun in Capricorn often marks a period of increased demand or positive sentiment for gold, driving prices higher during this phase. 2. Current Market Dynamics - While many analysts predict further declines, with a potential target at $2,540 after breaking below the base level, I hold a contrarian view. - The current price action resembles a retest of the broken base, which many expect to confirm a downtrend. However, I believe this retest will serve as a setup for the price to re-enter the base and establish a bullish trend. 3. Swing Low Opportunity This could represent the final swing low of the year, offering a significant buying opportunity for traders who anticipate a return to higher levels. 4. Bullish Momentum Potential Once the price reclaims the base, the structure will likely support a rally towards key resistance levels outlined in the previous analysis, leading to a bullish breakout scenario. Conclusion: Despite the bearish narrative and the possibility of further drops, my perspective suggests a bullish reversal is on the horizon. Traders should watch for signs of strength as the price moves back into its base, signaling the beginning of a new bullish trend to close the year on a high note.
OANDA:XAUUSDLong
by Rich_From_Home