GOLD - Long - 2770Gold is expected to hit the levels of 2770 . The price may hit 2634 before flying to the higher levels.Longby Investing_Trading6
XAU/USD Tradin Plan For TodayI will be looking at four potential scenarios for today's price movement. The price is currently consolidating near the middle of the range, with a previous day's high (PDH) around 2659 and a previous day's low (PDL) near 2633. Key levels to watch include the local highs and lows marked by the yellow zones. Key Levels: PDH (2659): Potential liquidity grab or breakout target for bullish scenarios. PDL (2633): Major downside liquidity target if bearish pressure dominates. Local Support Zone (around 2642): A key area for potential bounces or breakdowns. Local Resistance Zone (around 2649): A significant level to watch for rejection or continuation. Neutral Bias for now: The price is in a range with no clear directional dominance. Watch for liquidity sweeps, market structure shifts (MSS), and confirmation signals before entering trades. Scenarios to Watch: 1.Bullish Breakout (Green Scenario - Top Right): Plan: If price sweeps local liquidity near 2649 and breaks structure to the upside, look for confirmation on a retest of the yellow zone. Target: PDH at 2659 or higher. Confirmation: Break of structure + bullish retest. 2.Bullish Reversal from Support (Green Scenario - Bottom Left): Plan: If price drops to the 2642 support zone, wait for signs of accumulation (Wyckoff phases) and a structure shift upward. Target: Local highs around 2649 or PDH at 2659. Confirmation: Bullish structure shift + FVG retest. 3.Bearish Rejection (Red Scenario - Top Right): Plan: If price taps into resistance at 2649 but fails to break higher, watch for a bearish structure shift (MSS). Target: Local support at 2642 or PDL at 2633. Confirmation: Bearish structure break + retest. 4.Bearish Breakdown (Red Scenario - Bottom Left): Plan: If price breaks below 2642 support and confirms a bearish retest, expect continuation towards the PDL at 2633. Target: PDL or lower. Confirmation: Bearish retest of broken support. Use M1 for precise entries after liquidity sweeps. "Patience, precision, and discipline are key. Watch for structure shifts and enter with confidence. Trade safe!"by Med_In_TradeUpdated 12
XAUUSD: Channel Up bottom buy opportunity.XAUUSD is marginally bearish on its 1D technical outlook (RSI = 43.110, MACD = -4.500, ADX = 23.016) as it is trading under the 1D MA50 and is approaching the 1D MA100. That was the trendline that contained the correction on November 14th at the bottom of the 8 month Channel Up and delivered a strong rebound. So far it seems that Gold is replicating the April-June accumulation phase. As long as the 1D MA100 holds again, we will be bullish, aiming for a strong rebound to the 2.0 Fibonacci level (TP = 2,825). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope8
XAUUSD TECHNICAL ANALYSIS (READ CAPTION)hello traders, kindly share you opinion about this chart in the comment section. current price: 2656 last week market created l-shoulder and head and r-shoulder. market did a breakout but could not properly retest. now market is suppose retrace upto 2675. last weeks w1 candle and today's d1 candle further support and indicate a bullish trend. if market breakouts 2662 middle resistance then its next move will be 2675 which is our demand zone. key points: demand zone: 2675 supporting areas: 2650, 2647 like, comment and follow. thanks for support. Longby Ibrahim_Gold_TradersUpdated 12
GOLD (XAUUSD): Massive Breakout FED rate decision and FOMC made Gold very bearish yesterday. The price violated a support line of a wide horizontal range on a daily. Its breakout signifies a strong bearish pressure. It opens a potential for more price depreciation. Next support - 2563 ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTrader118
Gold Sell Limit LrdersI'm interested in these areas, so I've set my orders. I'll update the TPs later... Please consider the risk management. Dear traders, please support my ideas with your likes and comments to motivate me to publish more signals and analysis for you. Best Regards Navid NazarianShortby NavidNazarianUpdated 10
Gold Technical Analysis: Volatility Ahead of Fed Rate DecisionGold Technical Analysis The market will remain volatile this week due to the impact of Fed Rate Decision and GDP data. Gold's direction will hinge on these events, particularly the Fed's stance on interest rates. Bearish Scenario: Continuation Conditions: - Price needs to stabilize below 2653 (Pivot Point). - A further breakdown and 1H or 4H candle close below 2638 will open the door to 2623. - Bearish momentum could strengthen further if the Fed rate remains at 4.75% or signals a hawkish stance. Bullish Scenario: Continuation Conditions: - A rate cut of 25 bps by the Fed will support bullish sentiment, driving prices upward. - Price needs to break and hold above 2653, targeting resistance levels at 2665, 2678, and 2690. Key Levels Pivot Point: 2653 Resistance Levels: 2665, 2678, 2690 Support Levels: 2638, 2623, 2612 Trend Outlook - Bearish: If the price stabilizes below 2653 and key support levels break. - Volatile: Driven by the Fed's decision and market reaction to GDP data. Summary - Bearish Trigger: Close below 2638, targeting 2623 and potentially 2612. - Bullish Trigger: Fed cuts rates by 25 bps, and price breaks above 2653, aiming for 2665 and higher levels. previous idea: Shortby SroshMayi8
Gold on Sell values / Selling order engagedTechnical analysis: The former Support of #2,652.80 (Xau-Usd Spot) has turned into a Resistance in a symmetrical manner as it has done on December #5 fractal, as Gold is eyeing even Lower level. The Resistance zone is at #2,648.80 - #2,652.80 on Hourly 4 chart however looking at the wider time-frame of Daily chart’s Descending Channel and the Higher High’s former trendline, I am expecting a decline around #2,627.80 if #2,640.80 pressure point preserves the downtrend. After that it is anybody's guess but Technically, Gold should see a similar pullback to November #25 Low's again in extension, way below #2,652.80 psychological benchmark (Medium-term decline). However, no changes on the Daily perspective as the Price-action remains Neutral above the Hourly 4 chart’s Support for the session and below the Short-term Resistance, as DX paused the downtrend. #2,652.80 - #2,662.80 should represent ultimate Top for the fractal since Gold already negated (#60%) of gains delivered on current Buying sequence, as Gold currently isolated within #2 Short-term benchmarks (typical Support and Resistance pricing). My aim is roughly #2,622.80 - #2,627.80 Support zone which can be correlated to the Technical Lower High's Upper zone within (will be then) invalidated Ascending Channel. As noted on my remarks, current configuration needs to be reviewed on with a Selling entry near Medium-term Selling accumulation zone which accounts for this week and the next Trading week. My position: Even though I have missed #2,648.80 Selling break-out, I have engaged Selling order with #2,643.80 entry point few moments ago / optimal Target remains #2,627.80 Support in extension. However since #2,642.80 could reverse the Price-action towards #2,648.80 Resistance (break of can restore Short-term uptrend), my Stop is already on breakeven. Since most Traders will Buy #2,642.80, I do believe Gold will extend the decline and trap many Buyers.Shortby goldenBear8813
Gold Intraday Trading Plan 12/18/2024Gold has broken 2650 support in the past day. I will sell at the retest. 1st target 2620. If 2620 is broken, we could see 2550 soon.Shortby SteadyFund7
Could the price reverse from here?The Gold (XAU/USD) is rising towards the pivot which has been identified as a pullback resistance and could drop to the pullback support. Pivot: 2,627.26 1st Support: 2,585.13 1st Resistance: 2,664.57 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets7
Gold Daily trade idea (XAUUSD)As per my analysis from current market price of 2648-49 gold market will be bullish this week and we can take a small risk here with low risk and high reward ratioLongby RANANADEEMFX10
Gold is consolidating within channalGold is consolidating within channal, now sitting at support/trenline. It may reverse up from this supportLongby ZYLOSTAR_strategy18
GOLD corrects, possibility remains optimistic as FOMC is comingOANDA:XAUUSD eased the correction significantly, which was partly due to the market taking profits after gold prices hit a five-week high and rushing to close positions ahead of next week's Federal Reserve meeting. In addition, higher US bond interest rates also affect gold prices. OANDA:XAUUSD fell sharply on Thursday and was limited this trading day (Friday), as of press time, as traders booked profits following the release of US PPI data. PPI data exceeded expectations, suggesting the fight against inflation may be stalling. In addition, the 10-year US Treasury bond interest rate increased slightly by 1.5 basis points to 4.289%, which also put pressure on gold. The US producer price index (PPI) rose higher than expected in November due to soaring food costs. The U.S. Department of Labor reported on Thursday that the U.S. PPI rose 3% year-on-year and 0.4% month-on-month in November. Previous market expectations were 2% .6% and 0.2%. Although Wednesday's US Consumer Price Index (CPI) was in line with expectations, it still rose at a seven-month high. However, gold is expected to hold onto gains this week as optimism grows that the Federal Reserve could cut interest rates by 25 basis points next week. Traders' attention is turning to the prospect that the Federal Reserve may pause policy easing as early as 2025. Lower borrowing costs typically benefit gold because gold itself does not create out yield. According to a report released by the World Gold Council (WGC) on Thursday, gold's gains are expected to slow in 2025 as concerns about growth and inflation during Donald Trump's presidency have can affect the ability to increase the price of gold. Gold prices have risen more than 30% year-to-date and are on track for their biggest annual gain since 1979. The rapid rise has been fueled by the Federal Reserve's easing policy, demand safe-haven demand and continued buying activity by global central banks. Analysis of technical prospects for OANDA:XAUUSD On the daily chart, gold has corrected but overall it still has all the conditions for a technical upside with price activity outside the channel and above the EMA21 level. Currently, gold's uptrend is temporarily limited by resistance at $2,693, the 0.382% Fibonacci retracement price point, more than the 0.236% Fibonacci level noticed by previous readers. On the other hand, the Relative Strength Index also maintains activity above the 50 level, which should be considered a positive signal for the bullish outlook in the near future. As long as gold remains above the EMA21 and outside the price channel, in the short term it is still likely to increase with notable points listed below. Support: 2,676 – 2,663 – 2,644USD Resistance: 2,693 – 2,700 – 2,730USD SELL XAUUSD PRICE 2706 - 2704⚡️ ↠↠ Stoploss 2710 →Take Profit 1 2699 ↨ →Take Profit 2 2694 BUY XAUUSD PRICE 2659 - 2661⚡️ ↠↠ Stoploss 2655 →Take Profit 1 2666 ↨ →Take Profit 2 2671by Xayah_trading16
BITCOIN Is Following 1970s GOLD Parabolic Run MartyBoots here , I have been trading for 17 years and sharing my thoughts on Bitcoin here. Bitcoin is looking beautiful , very strong chart for more upside Very similar to Gold which ran huge coming into a new year Do not miss out on Bitcoin as this is a great opportunity Watch video for more detailsLong04:29by MartyBoots10
XAUUSD - sells in play?Here is our in-depth view and update on XAUUSD . Potential opportunities and what to look out for. This is a long-term overview on the pair updated from the previous one. Last time, we took a step back and took a look at XAUUSD from a bigger perspective (H4 time-frame). We are still using H4 to show you the sells we have in play. XAUUSD is currently trading at around 2670s . If you remember our previous long-term view on OANDA:XAUUSD you should remember that after hitting the top of the area at around 2714 (a bit higher) we were automatically looking for sells. We are currently holding a few sell positions at 2680s as the price failed to break higher. Personal opinion: The direction for now is bearish in our opinion. We are looking for sells and we do believe gold could see some massive sell-offs in December before the year of 2024 ends. KEY NOTES - XAUUSD completed the predicted long-term move to the upside. - XAUUSD sells were called at the top of the area (2714). - XAUUSD failed to break higher and is following the long-term analysis. Happy trading! FxPocketShortby FxPocketUpdated 3311
GOLD POSIONhello friends Gold has a good support range from which we expect it to go up and our loss limit will be the specified floor. This thesis has been reviewed only from a technical point of view. Don't forget capital management. Longby TheHunters_998
bull time?Current Trend: The chart shows a recent downtrend, with the gold price falling from levels near $2,630 to around $2,582. Key Support and Resistance Levels: Resistance 1: $2,608 - This level has acted as resistance, where the price has tried to break unsuccessfully on several occasions. Resistance 2: $2,622 - Another higher resistance level, which could be a target if the price breaks the first resistance. Support 1: $2,587 - This is a recent support level where the price has bounced off. Support 2: $2,582 - A lower and critical support, which could be an interesting entry point if the price touches it and bounces off. Technical Indicators: Trading Strategy: Support Entry: If the price touches the support at $2,582 and shows signs of bouncing (possibly confirmed by an increase in volume or a bullish candlestick pattern), it could be a good entry point for a long position. Breakout Entry: If the price breaks above $2,608 with significant volume, it could be an indication of a bullish reversal, making it a good point to enter long. Stop Loss: Place a stop loss just below the lower support level to limit losses in case of a downside breakout. Risk Management: Risk/Reward Ratio: Make sure the potential reward is greater than the risk taken. For example, if your stop loss is at $2,570, your profit target should be above $2,610 for a 1:2 risk/reward ratio.Longby JAG_TraderUpdated 6
robbing gold Q2; APRIL - JUNE Q3; JULY - SEPTEMBER Q4; OCTOBER - DECEMBER [for robbery to work it needs to break 2681 if not //this is bear county -- targeting 766.66 As I have shown you gold dropped heavy when president elect Trump, the 27th of oct ,,I was one week late but it's okay,, was injected into the Oval Office. this launched the trump effect In which gold went on a super discount as gold price dropped At 2535s Great discount let me tell you this my habibi .gold will always be in the Demand. Only Way gold prices drop is if we find a meteorite filled with trillions of Dollars worth precious metals /// or in some other Hollywood Way . we are going to hold this bullish gold even though we know President Trump is very very pro dollar and for his trump Towers he would like gold to be cheaper but Mr President there will always be demand for gold so these miners…… They aren't sweating balls for below 2500 price. gold will reach 3000 and yes every drop is a discount good luck DOOmhot Sl 2557 Longby markitoooUpdated 2248
XAUUSD Sell SetupXAUUSD GOLD Sell Direction. Go Through The This Forecast We Expect The Bearish Setup Because the Today First day of market And we see market covering Very Slowly Here are the some Key Points to Down side. Resistance Zone 2665.00 Support Zone 2625.00 You Can See More Details in the Chart. PS Support with Like And Comments For More Insights.Shortby Sense_TradingUpdated 7
GOLD → Interest rates are dropping, so why is gold falling?Hello, dear friends! Ben here! Gold prices remain consolidated below the $2,600 level following a strong two-way price movement in the previous session and stay near their lowest point in over a month. The primary reason for the decline in gold prices is the recent decision by the U.S. Federal Reserve (Fed) to cut interest rates by an additional 0.25%. While this move was widely anticipated, the Fed also indicated that it plans to reduce rates at a slower pace in 2025. The impact of recent Fed rate cuts had already been priced into gold. At this point, investors are eager to know how many rate cuts the Fed will execute in 2025. According to the Fed's latest interest rate projections, only two rate cuts are expected in 2025, compared to four cuts projected in the September forecast. In theory, the Fed’s hawkish stance has worked effectively: the dollar has strengthened, and the markets have weakened. Today, all eyes are on GDP and the PCE data—an index the Fed considers a key measure of inflation. From a technical perspective, after retesting the previously broken channel boundary and an imbalance zone, gold prices have dropped further. As a result, a clear trend is emerging that warrants close observation. If the price fails to hold above the critical support level around $2,586/ounce, it is highly likely to decline toward the $2,521/ounce area. Sincerely, Bentradegold!Shortby Bentradegold8
GOLD / Pivot Line Ahead FED Rate decision Gold Technical Analysis The market will move under the key events of the FED Rate and GDP it will be a volatile week for gold. The price dropped about 250 pip as we mentioned yesterday. Now should break 2638 by closing 4h candle to be bearish till 2623, Otherwise stability above 2638 will try to touch 2653. Key Levels: Pivot Point: 2638 Resistance Levels: 2653, 2665, 2678 Support Levels: 2623, 2612, 2612 previous idea: Longby SroshMayi7
Is gold losing its important support level?Or, considering the resistance around 2672, after breaking this area, we could expect a rise towards the range of 2710 and 2749. Otherwise, if the support level of 2638 is broken, a decline down to around 2606 can be anticipated.by arongroups7
Gold Trade plan 202/12/2024Dear Traders, Gold Still Hold 2590 Level , i expect price will be start Downward movement from 2636-2637 level and my final Target is 2650-2660 Area , "If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content." Regards, Alireza!Shortby alirezak6