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GOLD Spot (XAUUSD) (OANDA EU Clients)GOLD Spot (XAUUSD) (OANDA EU Clients)GOLD Spot (XAUUSD) (OANDA EU Clients)

GOLD Spot (XAUUSD) (OANDA EU Clients)

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XAU/USD 18 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: I have been mapping systematically. Since last analysis, price has been printing erratically, printing a bearish iBOS, followed by a double bullish iBOS and most recently a bearish iBOS. Price is trading within an established internal structure. Intraday Expectation: Price is currently trading at premium of internal 50% EQ and has minimally tapped in to M15 supply zone. Price is expected to target weak internal low priced at 2,642.830 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
#XAUUSD 4HXAUUSD Based on the 4-hour analysis, I am currently monitoring key support levels at 2610.00 and 2605.00 for potential buying opportunities. Target levels: 2660.00, 2680.00, 2700.00, and 2780.00. Important note: If the price closes below 2600.00, it is advisable to avoid any buying positions. For now, refrain from placing any pending orders. Wait for strong bullish confirmation signals before entering a trade. This setup represents a significant swing trade opportunity.
OANDA:XAUUSDLong
by PIPSFIGHTER
12.17 Gold Short-term Operation Analysis SELLGold was still fluctuating and repairing yesterday, but it eventually fell under pressure. Gold was still fluctuating with a short side. Rebounds are still opportunities to continue to short. Gold is still short at the current price of 2656 in the early trading! The 1-hour moving average of gold is still a short arrangement with a death cross downward. The adjustment of gold has not ended. Gold fell under pressure at 2665 yesterday, indicating that gold is still in a strong resistance zone above 2660. It is still short at highs under pressure at 2665 in the Asian session. It can also be shorted near 2656 in the Asian session. Gold is fluctuating and urgently needs to choose a direction. Of course, it is now a fluctuating relay of the decline, so it is still short at highs. The focus of this week is the Federal Reserve’s interest rate decision waiting to be launched, which is also the battle between the long and short positions of gold. Whether the gold bulls can turn the tide depends on the impact of the data. Of course, if gold does not break a new low for a long time, it is not ruled out that gold has the possibility of short-term bottoming, so it is time to be flexible at any time. Asian trading strategy: Short gold at 2656, stop loss at 2666, target at 2640-2635
TVC:GOLDShort
by AIan_Gold
1
XAU/USD 17 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. Analysis/Intraday expectation remains the same as analysis dated 16 December 2024. Price Action Analysis: Since last analysis dated 13 December 2024, price has printed a double bearish iBOS Bullish CHoCH has been printed, therefore, we are now trading within an established internal structure. Intraday Expectation: Price has tapped in to M15 supply zone. Technically price to target weak internal low priced at 2,643.595. 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
XAU Gold 4H TradeFriends, the first trade on gold begins. I’m taking a long position on gold with a 4-hour timeframe, which I believe will show results in the next three to four days. There will be daily updates added to the analysis based on 30-minute intervals, so it’s a good idea to follow me to also see trades on lower timeframes. For this trade, I’ve hypothetically invested $500 with 20x leverage. You can adjust these amounts based on your own strategies and techniques. The main goal is to identify trends in gold across various timeframes and share insights. If you have any thoughts or suggestions, I’d be happy to hear them in the comments. Thank you!
CAPITALCOM:GOLDLong
by protahlil
Scalping XAU ! Short recovery trend 2645 monday⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) continues to rebound from the one-month low reached last Thursday, marking its third consecutive day of gains as the new week begins. The metal maintains its upward momentum during the early European session, supported by safe-haven demand fueled by geopolitical tensions and concerns over trade disputes. However, the generally optimistic market sentiment limits further upside for the precious metal. ⭐️Personal comments NOVA: Gold is currently sideways in the price range of 2620-2630, short-term recovery trend, target retest range 2645 ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2626 - $2624 SL $2621 scalping TP1: $2632 TP2: $2640 TP3: $2645 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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:XAUUSDLong
by Nova-Scalper
2
Forecasting gold priceForecasting gold prices is a complex task, as it's influenced by a multitude of factors. Here's a breakdown of the key elements and some current forecasts: Factors Influencing Gold Prices: US Dollar: Gold is often priced in US dollars, so its value tends to move inversely to the dollar's strength. A stronger dollar makes gold more expensive for holders of other currencies, potentially dampening demand. Interest Rates: Rising interest rates can make holding gold less attractive, as it doesn't offer a yield like bonds or other interest-bearing assets. Inflation: Gold is often seen as a hedge against inflation. When inflation rises, investors may turn to gold to preserve their purchasing power. Geopolitical Uncertainty: Economic or political instability, such as wars or financial crises, can increase demand for gold as a safe haven asset. Supply and Demand: Physical demand for gold, including jewelry, industrial uses, and central bank purchases, also plays a role in price fluctuations. Current Forecasts: Trading Economics: Their global macro models and analysts expect gold to trade at $2,682.04 USD/t oz. by the end of the current quarter and $2,783.76 in 12 months. FXEmpire: They highlight that the US dollar's strength and the Federal Reserve's monetary policy are key factors currently limiting gold's upward momentum. They are closely watching the US PCE Price Index for inflation insights, which could significantly impact gold prices. Other Analysts: Some analysts suggest that geopolitical tensions and concerns over a potential US government shutdown could boost gold's safe-haven appeal. However, strong economic data could reinforce the Fed's policy stance and limit gold's upside. Important Considerations: Forecasts are not guarantees: These are just predictions based on current information and models. Unexpected events can significantly impact gold prices. Multiple factors at play: It's crucial to consider the interplay of various factors, rather than focusing on any single element. Stay updated: Keep an eye on economic data releases, central bank announcements, and geopolitical developments to stay informed about potential influences on gold prices. In conclusion, the outlook for gold is mixed, with both upward and downward pressures at play. The US dollar's strength and the Fed's monetary policy are key factors to watch, along with inflation data and geopolitical events. It's essential to stay informed and consider multiple perspectives when making any investment decisions related to gold.
TVC:GOLD
by ITManager_US
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
Gold is indeed showing a bullish trend, Gold is indeed showing a short-term bullish trend, supported by both technical and macroeconomic factors. Here’s an overview: Current Market Dynamics 1. Price Levels: Gold is trading around $2,658 per ounce, near its recent highs. This sustained price indicates strong market demand. 2. Technical Indicators: Support Levels: Gold has held above key support at $2,650, reinforcing bullish momentum. Resistance Levels: If this trend continues, gold is likely to test resistance around $2,700 and move higher. 3. Market Drivers: A weaker U.S. dollar and ongoing geopolitical uncertainties are key factors driving gold’s demand as a safe-haven asset. Central banks' continued gold purchases are providing strong underlying support. Short-Term Projections If the bullish trend persists, analysts project: A move toward $2,700–$2,800 in the coming weeks. Potential new highs if macroeconomic conditions remain favorable. Key Risks A break below $2,650 could lead to a pullback. External factors, such as Federal Reserve policy announcements, may influence short-term volatility. In summary, gold’s short-term outlook remains positive, with strong indicators pointing toward further gains. However, traders should watch for potential reversals if key support levels are breached. CAPITALCOM:GOLD
CAPITALCOM:GOLDLong
by TRADE_CENTER_1