Gold trading zones: 21-Jan-2025Today’s Gold trading zones: For educational purposes only, use at your own risk.
XAUUSD trade ideas
Gold collapses in wave c with correction as dollar rises to new Gold collapses in wave c with correction as dollar rises to new high
Gold week of 1/19/25I see Gold filling hte fair value gap and reaching for recent high for sure. after than look for price action to reach for the the next high or go back towards the most recent low.
!!! GOLD !!! - Head & Shoulders?Hi,
This week will be very busy with Trump week.
Will we have a classic Head & Shoulders in Gold?
This is just an idea!
Be careful!
GOLD approaching key short-term resistance. What's next?Gold is moving in the upwards direction, despite the higher US CPI reading, which benefits the US dollar. However, there is a possibility that the higher inflation reading was already priced in and maybe this could lead to slower upside pace for the US dollar. Let's dig in...
TVC:GOLD TVC:DXY MARKETSCOM:GOLD MARKETSCOM:DOLLARINDEX
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XAUUSD BULLISH TRADE (READ CAPTION) Hi trader's. What do you think about gold
Current price: 2675
Gold yesterday PPI news negative . And gold retest completely touching 2660 and again rejected this support area I think gold go to touching 2688- and 2710 it's demand zone today
Support zone :2672-2666
Demand zone :2688-2710
Please like comment and follow
Gold will drop to trend line, breaking support levelHi folks today I'm prepared for you Gold analytics. If we look at the chart we can see how the price rebounded from the trend line and started to grow and soon reached support 2, which coincided with the support zone. Then it broke this level, made a small movement up, and dropped to the trend line, which broke soon and fell below. But Gold continued to move up below the trend line and soon it broke this line with support 2 one more time, after which made a retest and continued to grow next. Later Gold rose to 2723 points, after which dropped to the trend line and then at once rebounded and rose to support 1, which coincided with one more support zone. Then the price broke this level too and some time traded in the support zone, after which turned around and made a correction movement. After this, XAU turned around and made impulse up, breaking support 1 again. Now, in my mind, XAU will fall to the support area and then break the support level. Then it correct move up and then continues to move down to the trend line. So, that's why I set my goal at 2730 points, which coincides with this line. If you like my analytics you may support me with your like/comment
XAUUSD Key levels Hey traders,
Here's my latest structure analysis for GOLD this week. Support Resistance levels and Trendline.
Support : 2690 / 2658 / 2600
Resistance : 2725 / 2748
Consider these structures for pullback / breakout trading. ⚠️
ath_trades
XAUUSD WEEKLY FORECAST Here on Xauusd price is haas been making uptrend and try to return at support zone which is likely to continue going up so trader should go for long . Use money management
SET UP GOLD PRICE::
BUY @ 2676.480
TP 2765.000
SL 2652.824
Note:
FrankFx advises traders to manage their capital wisely:
- Adjust the number of lots to match your capital.
- Set Take Profit at 3-6% of your account balance.
- Set Stop Loss at 2-3% of your account balance.
Gold 1H idea Gold 1H idea, Gold Long Term buy but currently price has created Resistance at key levels area, so I have an idea to Sell if price pulls back to discount zone.
XAUUSD TRADE SETUPWait for retest the key level and multiple rejection candle and bearish momentum shift then take a trade for Sell otherwise skip this setup
#2,700.80 tested / Gold Trading above as expectedAs discussed throughout my yesterday's session commentary: "My position: As I announced that Gold is Buying every dip lately, I have engaged Buying order with #2,665.80 entry point throughout yesterday's session and closed it on #2,683.80 few moments ago. I will continue Buying Gold only if #2,692.80 final Resistance gets invalidated and market closes above it. Otherwise, small correction is due however #2,700.80 benchmark remains Short-term Target for Buyers."
I have firstly engaged re-Sell order (waiting for mini correction to the downside) pre-CPI expecting same or Higher numbers on the announcement, however numbers missed their estimates and I have closed my re-Sell order with #3-point loss. However, I have engaged Buying order on #2,687.80 and closed my order near #2,700.80 benchmark. I am Highly satisfied as my returns are getting better as sessions go by.
Technical analysis: Downtrend sequence on DX is what pushed Gold’s value Higher as well aggressively while the Intra-day semi decline on Gold is what Sellers were expecting. #2,700.80 psychological mark is the next Technical Support on Daily chart and Naturally as long as it holds, the bias is upwards towards the #2,727.80 Resistance in extension (and vice-versa if Resistance is to be tested). If #2,700.80 benchmark gets invalidated, the Sellers will extend their momentum towards the #2,682.80 - #2,692.80 Resistance zone which became symmetrical Support zone (many similarities with April / June Low’s). The Price-action has been in a fierce consolidation (many similarities as well with September #15 Low’s as Gold has completed #4 straight red Weeks which is a historic Long-term signal for Sellers then). Technically, all Bear cycles on Gold have started with a hit on the (#1W) Weekly chart’s #MA200. All previous Bear cycles though touched that level followed with aggressive takedown ahead and if I don't get at least (# -1.00%) drop next week (chances are #87.44% that I will), Gold is more likely to Trade sideways for rest of the January before hitting downside sequence in extension (within #Q1), where by that time Price-action should be closer to #2,600.80 psychological mark (my Long-term Target and possible stabilization zone). Also keep in mind that ceasefire deal has been signed by both sides on Middle East problematic and Gold may dip aggressively anytime.
My position: Gold is now Trading comfortably above #2,700.80 benchmark and #2,700.80 remains first Support. As long as it is preserved, Buying pressure will escalate and push Gold towards #2,727.80 Resistance in extension. Trade accordingly.
GOLD MOVE AFTER HITTING TRIPPLE TOP / 20-24 JAN, 2025The chart represents the XAU/USD (Gold Spot/USD) on a 4-hour timeframe. Here's the analysis based on the key elements highlighted:
1. Trend Analysis:
The price is currently in an uptrend, as indicated by the ascending purple channel.
The 50-period moving average (yellow line) is sloping upwards, supporting bullish momentum.
2. Resistance Zone:
There is a resistance zone marked in red at around 2724-2730. The price recently tested this level but was rejected, suggesting strong selling pressure.
3. Support Levels:
The green zones represent potential support levels:
The first support is around 2700 (aligned with the lower boundary of the ascending channel).
A stronger support zone lies at 2660, which could act as a reversal point if the price breaks below the channel.
4. Projected Scenarios:
Scenario 1 (Bearish Pullback):
The price could consolidate below resistance and break the ascending channel, reaching the 2660 zone (dotted red line).
This level may serve as a significant reversal area, pushing the price back up (blue arrow).
Scenario 2 (Continuation):
If the price maintains above the 2700 support and holds within the channel, a retest of the 2724 resistance zone is likely.
Breaking above this zone could signal further bullish continuation.
5. Key Observations:
The rejection at resistance suggests the possibility of a correction in the short term.
The green support zones and the channel lower boundary are critical for determining the next move.
Watch for breakouts or breakdowns from the channel for confirmation of trend direction.
Recommendation:
For bulls: Monitor for entries around 2700 or 2660 with tight stop-losses below these levels.
For bears: Look for selling opportunities if the price breaks below the ascending channel or resistance remains intact.
World situation:
Gold prices dipped late in the North American session but are still on track to end the week with gains of over 0.40%, as markets anticipate the inauguration of US President-elect Donald Trump. Currently trading at $2,701, down 0.44%, the yellow metal remains a preferred choice for investors amid political uncertainty.
Geopolitical tensions and US political developments continue to influence Gold’s performance. Despite steady mid-term US Treasury yields, Gold buyers were unable to drive prices higher for additional gains before the weekend.
Identify:
Gold hits large-frame resistance 2724, weakens and corrects short-term decline. Market awaits new economic policies of President Trump
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: $2724, $2748
Support : $2662, $2633
Always support Pips & Profit by LIKE AND COMMENT TRADINGVIEW. Thank you very much everyone 🌸🌸
Gold Will be Bullish Again Hello dear traders! Share Your Openion About This Idea
Date 13/Jan/2025
Gold current Price 2689
in My analysis of XAU/USD (Gold Spot vs. USD) on the 4-hour timeframe. The price is moving within an ascending channel with clear trendline With support and resistance levels.
Breakout Analysis:
The price has recently broken out of the ascending channel, indicating potential bullish momentum.
Key Levels:
Resistance near 2720,
Which aligns with the take-profit level.
Local Support Around 2674, As the stop-loss level to manage downside risk.
Strong Support in the lower zone, providing a safety net for bearish reversals.
Trend Direction: The upward trajectory reflects sustained bullish interest, supported by the ascending channel and breakout.
My Suggestion is Set 2720 As Take Profit while maintaining risk management At Stop-loss at 2674.
Gold SIDEWAY and correction down next week✍️ NOVA hello everyone, Let's comment on gold price next week from 01/20/2025 - 01/24/2025
🔥 World situation:
Gold prices dipped late in the North American session but are still on track to end the week with gains of over 0.40%, as markets anticipate the inauguration of US President-elect Donald Trump. Currently trading at $2,701, down 0.44%, the yellow metal remains a preferred choice for investors amid political uncertainty.
Geopolitical tensions and US political developments continue to influence Gold’s performance. Despite steady mid-term US Treasury yields, Gold buyers were unable to drive prices higher for additional gains before the weekend.
🔥 Identify:
Gold hits large-frame resistance 2724, weakens and corrects short-term decline. Market awaits new economic policies of President Trump
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $2724, $2748
Support : $2662, $2633
🔥 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 winner is the one who sticks with the market the longest
Weekly Analysis on GOLDNext week trading session will focus on buying opportunities and as of the moment the only thing to do is to wait for further confirmation before getting involve in buying.
Gold Elliott Wave AnalysisHello friends
On the Gold chart, we are witnessing the formation of a 5-wave bullish pattern, which indicates an increase in the value of gold. These 5 bullish waves are wave 5 of 3. Now this wave is wave 3 of 3 or C. That is, we are faced with two scenarios, in both scenarios the price should increase.
Anyway, we expect the price to grow to the $2725 range, and the second target is the $2744 range.
Be successful and profitable.
This updated XAU/USD chart provides a refined trading plan:1. Support Level (White Horizontal Line): The price is expected to decline to the support level before reversing upward.
2. Stop Loss (Yellow Line): Place a stop loss below 2,680.0 to protect against further downside.
3. Target (Resistance Zone): The price could move toward the target at 2,740.3 after bouncing off the support level.
Suggested Plan:
Entry: Buy near the support level after confirmation of a reversal (e.g., bullish candle).
Stop Loss: Set below 2,680.0 to limit risk.
Take Profit: Target the resistance zone at 2,740.3.
Gold Potential UpsidesHey Traders, in the coming week we are monitoring XAUUSD for a buying opportunity around 2685 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2685 support and resistance area.
Trade safe, Joe.
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
After yesterdays plan to long into the levels above which worked well, we're now experiencing choppy and ranging price action playing the 2675 resistance and 2665 support.
We can potentially expect another attack on the 2675 region but it's that 2660 level that needs to break. For that reason, we'll stick with the range for now and await a breakout, otherwise, it's accumulation in preparation for some more volume.
Not much more to report on team.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
