Get started
GOLD / US DOLLAR KILOGOLD / US DOLLAR KILOGOLD / US DOLLAR KILO

GOLD / US DOLLAR KILO

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals

XAUUSDK trade ideas

$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
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
Gold sits below a local resistance, break above will see $3,000 Gold is sitting on a local resistance level, this is a danger level to buy from, it would ideally be a good sell, with a stop loss now set right outside this channels upper resistance line for a very nice risk to reward ratio (This is the trade we currently have set) If Gold breaks above this resistance, we will see Gold head towards £3,000 by April 2025 as mentioned in our other idea below. Take a look for an explanation as to why:
FOREXCOM:XAUUSD
by Who-Is-Caerus
ANNUAL CLOSING PREDICTION🌟 XAU/USD Gold Forecast - Monday, December 16, 2024 🌟 Gold (XAU/USD) is heading into Monday with a bullish outlook but faces key resistance at $2,765. A breakout above this level could propel prices higher, aligning with the current uptrend. However, if resistance holds, we might see a correction towards the strong support zone at $2,545. 🔑 Key Levels to Watch: Resistance: $2,765 – A critical ceiling for upward movement. Support: $2,545 – A safety net for price drops. 📈 Market Sentiment: Gold’s momentum remains positive, supported by ongoing economic uncertainties. But keep an eye on potential short-term pullbacks if buyers hesitate at resistance levels. 📅 Week Ahead: Gold remains a top safe-haven asset amidst fluctuating market conditions. Watch for breakout opportunities as the trend develops. Stay tuned for updates and live action on XAU/USD throughout the week! Anticipates gold prices reaching $2,500 per ounce by year-end, assuming a Federal Reserve rate cut
FOREXCOM:XAUUSDShort
by TREXTROFX
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
Gold is Ready to Fall again!!!Gold ( OANDA:XAUUSD ) started to pump, as I expected in the previous post . Gold is entering the Resistance zone($2,740-$2,708) and Potential Reversal Zone(PRZ) and approaching the Upper line of the Ascending Channel . According to Elliott's wave theory , Gold is completing microwave 5 of the main wave C . Also, Regular Divergence(RD-) between Consecutive Peaks . I expect Gold to fall to at least the Support zone($2,670-$2,653) after breaking the lower line of the ascending channel. ⚠️Note: If Gold breaks the Resistance zone($2,740-$2,708), we can expect more pumps.⚠️ ⚠️Note: Tomorrow's US indices can impact the Gold trend. (Today's US indices were all as Forecasted).⚠️ 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
10
1216 Weekly outlook GOLDHello traders, December highlights, the last heavyweight data week before Christmas, the Federal Reserve may cut interest rates! The Federal Reserve will announce its interest rate decision and economic projections this Thursday (03:00), followed by a press conference at 03:30 led by Chairman Powell. Currently, market consensus indicates a 97% probability that the Federal Reserve will cut rates by 25 basis points at its meeting on December 17-18. Importantly, the market expects that after this rate cut, the Fed may begin to pause rate cuts in early 2025. Therefore, Powell's remarks and the latest economic forecasts will be very significant, as the Fed may slow down the pace of rate cuts. With this trend expectation, the inverse correlation of a weakening gold and strengthening dollar has already re-emerged. The latest daily chart of gold compared to the dollar shows that the dollar has consistently remained above the daily EMA and is currently in a consolidation phase, poised for an upward move. Gold is supplemented with this latest daily chart from Monday, which shows a double-top bearish pattern. Currently, the bears are dominant, and the daily candlestick chart is running below the EMA. Scott Rubner, a senior capital flow expert at Goldman Sachs, may provide some insights into capital flows before Christmas: First, the impact of global, especially the Federal Reserve's, interest rate cut expectations. With the market generally expecting a 97% chance of a rate cut at the Fed's December meeting, this could stimulate investors' risk appetite. Rate cuts usually mean lower borrowing costs, which promotes consumption and investment, thereby driving up the stock market. Second, the so-called annual "Santa Claus rally." The "Santa Claus rally" refers to the seasonal rise in the market at the end of each year, driven by holiday spirit and investor optimism. If the market's expectations for rate cuts are confirmed, there is indeed a higher likelihood that the S&P 500 index will rebound in the last few trading days of 2024. Third, the impact of year-end corporate buyback plans on market capital flows. Corporate stock buybacks are an effective means of driving up stock prices. When companies announce large-scale buyback plans, the market usually interprets this as confidence in the company's prospects, which also boosts investor confidence. It is reported that U.S. companies have approved stock buybacks worth $1 trillion by 2025, which could also drive the stock market significantly higher! As risk assets strengthen, investors' risk appetite typically increases. Gold does not generate interest or dividends, so the opportunity cost of holding gold rises. Investors are likely to prefer allocating funds to higher-risk, higher-return assets like stocks rather than traditional safe-haven assets like gold. A weakening of gold before 2025 is highly probable. **Gold** The bullish plan for gold laid out before last Thursday has completed its trading plan, with all profit targets reached. The trading plan from last Thursday aimed to continue the previous upward trend, looking for new bullish entry opportunities. 2690 was identified as a support level for entering long positions, but it became a resistance area on Friday. After no bullish entry signals appeared on the 1-hour chart on Thursday, the updated trading plan based on the latest 4-hour chart is as follows: **Friday 4-hour chart trading plan:** Before the U.S. market opens, look for 1-hour entry signals to short gold. TP1: 2648 TP2: 2618 TP3: 2575 Currently, the first target of 2648 has been reached; it is best to move the stop loss to the entry position and continue holding the short position. Considering the above 4-hour chart, wait for new consolidation signals; before this week's critical data and time points, gold will likely continue to decline, so patience is key! GOOD LUCK! LESS IS MORE!
OANDA:XAUUSDShort
by FUNTRADER-Vera
GOLDThe gold price dropped today due to the Federal Reserve's hawkish cut, which sent investors seeking safety into the US Dollar, outpacing demand for gold. As a result, gold fell towards $2,600 and below.. This move was anticipated, as the market had priced in a hawkish cut, and the focus is now on the Fed's expectations for 2025, which suggest fewer interest rate cuts. The drop in gold price is also attributed to the strengthening US Dollar, which is trading near its weekly highs against most major rivals. Additionally, the technical indicators are neutral-to-bearish, developing around their midlines and failing to provide clear directional clues. On dxy rally AUDUSD,USDJPY,EURUSD,USDCAD,GBPUSD will have a change in directional clues
FOREXCOM:XAUUSD
by Shavyfxhub
GOLD/XAUUSD UPDATED LONGTERM VIEWHello traders, we might see a 3000 per ounce of GOLD/XAUUSD end of year or next year. This is not a financial advice, I see on Weekly candle only but the chart is on lower timeframe. WE wait below the zone. those previous idea still valid. if you can wait we wait the zone for LONGS. This is only my view. Lets see how this idea plays. For more Longterm views on FOREX, CRYPTOS or other Currency follow for more. youre here for free see it for yourself. Thank you for some people still following me even thou Im not totally active on posting on charts. Im focus on Longterm view. ciao......
TVC:GOLDLong
by D1GITALTRADES
GOLD Consolidation Ahead of Key Fed DecisionGold Technical Analysis Gold continues to consolidate between 2,638 and 2,653, awaiting a breakout. Currently, the price may attempt to test 2,638, and a 4-hour candle close below this level would confirm a bearish trend, with a target of 2,623. Conversely, stability above 2,653 would support a bullish move, with a potential target of 2,665. Today's Fed rate decision will significantly impact the market. A 0.25% rate cut would likely have a bullish effect. However, the key focus will be on Powell's remarks during the meeting—if he signals further rate cuts in the next meeting, this could strongly support a bullish trend. Key Levels: Pivot Point: 2645 Resistance Levels: 2653, 2665, 2678 Support Levels: 2635, 2623, 2612 Bearish Momentum: Below 2,638 Bullish Momentum: Above 2,653
OANDA:XAUUSDShort
by SroshMayi