XAUUSD Trade LogXAUUSD Daily/Monthly Long Setup
Trade Logic:
- Setup: Long position initiated within a high-confluence zone supported by multiple technical and structural factors.
- Confluence Factors:
- Daily/Monthly Buy Signal: Higher timeframe signals indicate strong bullish momentum and continuation potential.
- Trendline Support: Price has respected a long-term ascending trendline, acting as dynamic support.
- Fair Value Gap (FVG): Entry aligns with a daily FVG in a discount zone, offering a high-probability long opportunity.
- Kijun Support: Both daily and weekly Kijun lines provide additional support confluence.
- Liquidity Zone: Recent sweep of liquidity below equal lows clears the path for a bullish reversal.
- Risk-Reward Ratio (RRR):
- Stop-loss set below the trendline and daily FVG for tight risk management.
- 1:3 RRR targeting the weak high at 2,910 , with secondary targets near 3,000 for extended profits.
Macro Context:
- Market Sentiment: Safe-haven demand for gold is rising amid geopolitical and economic uncertainty, aligning with bullish technical signals.
- Dollar Weakness: Weakening USD supports upside momentum in XAUUSD.
- Volume Profile: Strong buy-side volume near key support levels indicates institutional participation.
Execution Plan:
- Long entry near the confluence zone of the trendline, FVG, and Kijun support.
- Maintain stop-loss below the daily FVG to manage risk effectively.
- First target near 2,910 , with extended targets at 3,000 for partial or full profit-taking.
- Reassess position if price closes below the trendline or invalidates the daily buy signal.
Extra Note: Monitor macroeconomic events such as interest rate announcements or geopolitical developments that could affect gold prices. Let me know if further adjustments are needed!
Goldprediction
GOLD - Reached near to his resistance? what's next??#GOLD... perfect move as per our last idea and discussion, so now market just reached near to his resistance area and that is 2695 96
keep close the area 2695 96 because that will be our key level in next move to any side and if market holds that area in that case we can see again a drop from here, otherwise not at all.
good luck
trade wisely
Gold is Ready to Pump, Ready!?Gold ( OANDA:XAUUSD ) is currently moving in the Resistance zone($2,667-$2,653) and has managed to break the upper line of the Descending Channel .
In terms of Elliott wave theory , Gold completed the Double Three Correction waves as I expected , and I am also waiting for the Resistance zone($2,667-$2,653) to break with the break of the upper line of the descending channel .
I expect Gold to rise to at least $2,679 after breaking the Resistance zone($2,667-$2,653), and the next target is the width of the descending channel (broken).
⚠️Note: If Gold goes below $2,636, we can expect a further decrease in Gold.⚠️
🔔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.
GOLD BUY NOW! TA & FA confirmed!SAXO:XAUUSD Technical Analysis gives us clue for GOLD to move higher and higher. We can see in M30 chart that bullish pennant already made and GOLD continue to make a breakout movement. In H4 chart we can see a trendline resistance also already tested. Now GOLD just test a fibbo daily resistance at 2675-2677. Confirm BUY if it's body in H4 already break it.
As middle east war remain in uncertainty and Syria President's Assad knocked down, also Russia - Ukraine potentially cause more intentions, investors looking for safe haven assets like GOLD. We also must remember that Trump Supply Side Economic will take control again and it gives optimism in US macro-economic conditions. Inflation currently in path to go down 2.00% but Trump second era would potentially increase inflation for a longer projection. Although now investor and traders in CME bet 86% for FED Cut Rate this month and this is something that makes GOLD moves higher
Any idea? just leave your comment below. Thanks
$GOLD analysis XAUUSD 4H
1. The price reacted to the 0.618 Fibonacci level around 2674 and is attempting to break the downtrend line.
2. The next major resistance lies between 2745 and 2750.
3. If this resistance is broken, the potential target could be around 2800.
4. Key support is at 2635; losing this level may increase selling pressure.
5. The current structure indicates a potential breakout of the downtrend line and a move toward higher resistances.
Ready to go long on goldGood morning, bros! Let's re-examine the gold market together!
Gold fell back again after touching around 2674, with the current lowest falling to around 2661. From a short-term structural point of view, gold constructed a sub-high of 2674 at the hourly level, forming an 'M' top structure with yesterday's high of 2676, forming a negative impact on gold. A certain degree of technical pressure;
However, from an overall perspective, if gold cannot fall below the 2650 position during the fall, it will reduce the pressure on the hourly level 'M' top and accumulate energy during the fall, which will help gold continue to fall after the fall. The price fluctuates and rises, and it is easier to break through the resistance in the 2678 area, and may even continue to rise to the 2680-2690 area.
So in terms of short-term trading, we can use the 2660-2650 area as support and try to go long on gold! Bros, are you bullish on gold in the short term like me? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
XAUUSD WIL SOON RETRUN TO 2670 SERIESXAUUSD Scalping and Swing Trading Opportunities: The gold market offers traders a unique mix of rapid intraday movements and longer-term price trends. Scalping provides opportunities for quick profits by capitalizing on minor price fluctuations, while swing trading allows for capturing larger market moves over days or weeks. With precise analysis, disciplined risk management, and a keen eye on technical and fundamental indicators, traders can strategically navigate the volatility of XAUUSD to maximize gains in both short and mid-term trades.
Gold Eyes $2,604 and $2,562 TargetsGood morning traders,
Trust your day is off to a great start. Take a moment to read my analysis of the Gold market, and give your view.
Overview
Gold is currently trading at $2,662.25, caught between a bullish and bearish triangle range. This follows an impulsive upward movement from Friday’s low of $2,612.89, driven by the Non-Farm Payroll (NFP) data. However, the upward momentum appears to have stalled, with price action signaling potential reversal patterns.
Idea
The price formation resembles a double top, a bearish pattern, with a strong resistance zone above, suggesting a possible downward move. If the price breaks below the neckline, it would confirm bearish momentum. Key support levels to monitor include $2,604.59 and $2,562.67. Conversely, if the price breaks above the $2,689.29 resistance level, the bearish scenario would be invalidated, signaling a continuation of bullish momentum.
Conclusion
Gold's current price action presents a mixed outlook. While the double top and resistance zone hint at a bearish move, the market must confirm this by breaking the neckline.
Cheers and happy trading!
12.10 If gold falls back, go longYesterday, the gold market opened high at 2645.3 in the early trading due to fundamental risk aversion news. After that, the market first filled the gap and reached 2627.2. After that, the market rose strongly. The daily line reached 2676.4 and then the market consolidated. The daily line finally closed at 2660. After that, the market closed with a spindle pattern with long upper and lower shadows.
BUY: 2645 Stop loss: 2640 2635
$: 2657, 2667, 2677. Breakthroughs look at 2685, 2692, 2702-2710.
GOLD ROUTE MAP UPDATEHey Everyone,
Smashing start to the week with our chart idea playing out perfectly, as analysed.
We started the day with our first bullish target hit at 2645. This followed with ema5 cross and lock above 2645 opening 2661, which was hit perfectly completing this gap.
We now have a gap left at 2679, which fell just short and as long as 2661 holds, we will look for this gap to be completed. However, if we see ema5 lock below 2661, then we are likely to see lower Goldlturns tested to find support again.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2645 - DONE
EMA5 CROSS AND LOCK ABOVE 2645 WILL OPEN THE FOLLOWING BULLISH TARGET
2661 - DONE
EMA5 CROSS AND LOCK ABOVE 2661 WILL OPEN THE FOLLOWING BULLISH TARGET
2679
EMA5 CROSS AND LOCK ABOVE 2679 WILL OPEN THE FOLLOWING BULLISH TARGET
2697
BEARISH TARGETS
2626
EMA5 CROSS AND LOCK BELOW 2626 WILL OPEN THE FOLLOWING BEARISH TARGET
2612
EMA5 CROSS AND LOCK BELOW 2612 WILL OPEN THE SWING RANGE
SWING RANGE
2599 - 2584
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD TO CONTINUE IN BEARISH CYCLE Gold has been in a bear market since its ATH of $2,790 back in late October, as my previous gold post stated there was an opportunity for a short against gold which could see potential returns of around 7-8% in just 60-90 days (prediction generated using trend cycle AI tools).
I have slightly adjusted key level's after spending some more time utilising MTFA, the key levels are clearer now, i have also left to Fib tool on my charts to purposely show you the targets i expect gold to reach.
These are major levels, other traders will also be trading to these targets influencing the market in the direction we need it to go as a short seller.
Key levels:
Entry: $2,646
SL: $2,680 (just above recent key level to act as a barrier)
1st TP: $2,535
2nd TP: &2,470
Profits would be locked in along the way, using the TP's i have just listed out. I would also bee inclined to move stop to entry at $2,600 to remove risk all together, at this point i would be convinced enough of a complete cycle change into a complete bear market.
12.10 Geopolitical gold prices are expected to riseThe oscillating market is a market that accumulates momentum. The longer the oscillation lasts, the longer the unilateral continuation will last after the breakthrough. This is the basic law of the market trend.
In the morning of December 9, the price of gold rose first, which was a response to the risk events over the weekend. The safe-haven property of gold was reflected again.
The situation in the Middle East (Syria) is deteriorating continuously and rapidly. Its opposition has seized control of the capital Damascus, and the top leader has been forced to flee. This "evolution" is the key to the deterioration of the incident, which has aggravated market concerns.
Intraday analysis suggestions:
In the short term, the support below the gold price is $2,620. This position has been tested and tested many times in the early stage. The upper pressure is at $2,660 and the strong pressure is at $2,670. The early week period can maintain a bullish trend on the strong support of $2,620.
The pressure shown by the technical side is very obvious at the moment, but the fundamental support factors also exist. This is the reason for the continuous struggle between long and short positions, and it is also the reason for the breakthrough. On the whole, after the oscillation or struggle between long and short positions, the probability of the long side winning is relatively high. Therefore, the transaction can be mainly long on dips
XAUUSD 1HR CHART UPDATEXAUUSD Analysis The price has decisively broken through the previous resistance zone, confirming bullish momentum, and is now on track to potentially reach the next significant level at 2678. This move sets the stage for a strategic buying opportunity tonight let's watch the market together...
World gold prices were under pressure last week from USDWorld gold prices were under pressure last week when the USD index increased. Recorded at 7:00 a.m. on December 8, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 106,040 points (up 0.32%).
Kitco News's latest survey shows that experts continue to be divided, while individual investors are optimistic about gold prices next week.
“I expect gold prices to rise next week, as long as the $2,600/ounce level holds. Three central banks in the G10 group will cut interest rates and the market predicts two banks (the Bank of Canada and the Swiss National Bank) may cut interest rates by 25 basis points" - Marc Chandler - CEO Executive at Bannockburn Global Forex - said.
"The downtrend line from the record high in late October will be near $2,680 an ounce on Monday and fall to around $2,660 an ounce by the end of next week," he added.
🔥 TVC:GOLD SELL 2657 - 2659🔥
💵 TP1: 2650
💵 TP2: 2640
💵 TP3: OPEN
🚫 SL: 2670
Gold on daily timeframe
As I mentioned in the previous analysis of gold, the $2600 level is a critical zone. The price has previously been rejected from this level and is currently showing signs of further upward movement. The next potential price target could be $2750.
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If you have any specific areas you would like to refine or if you need further assistance, please let me know!
#XAUUSD 1HR CHART LOOKOUTThe XAU/USD market is showing strong indications of a bullish breakout, with price action aligning to support further upward momentum. Key resistance levels are being tested, and buyer confidence is increasing as technical indicators favor a move higher. With steady demand for gold as a safe-haven asset, the market appears poised for a sustained rally, creating opportunities for upward moves in the sessions ahead.
XAUUSD SELLING ?? FIB REJECTION=PRICE DELFLECTIONIt seems that gold is struggling to break key Fibonacci levels. I think this is partly due to the volatility in the cryptocurrency market. In my opinion, there is a distinct correlation between Bitcoin rising and gold falling. While I don’t believe this trend will be permanent, in an uncertain financial climate, I think investors are still determining their "best bet." My bias is that gold will reject the 0.23 Fibonacci level and end up retesting support. This play could take a few days to set up.
ENTRY: 2685
TP1: 2653
TP2: 2618
TP3: 2584
TP4: 2561
SL: 2708
$GOLD UPDATE ( look at the last gold analys) Gold reacted positively to our analysis and has followed the projected path. It is expected to form a strong new resistance level soon, with a potential correction towards 2660 to 2680. However, this correction will primarily serve as a retest of the support zones, after which we will continue on the upward trend.
XAUUSD Gold price (XAU/USD) struggles to capitalize on its goodish intraday bounce from a one-and-half-week low touched earlier this Friday, though it manages to stick to modest gains through the first half of the European session. The US Treasury bond yields remain suppressed amid bets that the Federal Reserve (Fed) will lower borrowing costs in December. This, in turn, keeps the US Dollar (USD) near a multi-week low and acts as a tailwind for the non-yielding yellow metal. Apart from this, a slight deterioration in the global risk sentiment, geopolitical tensions and trade war fears turn out to be other factors underpinning the safe-haven Gold price. That said, expectations for a less dovish Fed, bolstered by hopes that US President-elect Donald Trump's policies will boost inflation, keep a lid on any further gains for the XAU/USD. Traders also seem reluctant to place aggressive directional bets ahead of the release of the US Nonfarm Payrolls (NFP) report. Gold has experienced a growth wave, peaking at 2,666.35, followed by a correction down to 2,616.60. A new growth impulse towards 2,663.00 is underway, and we anticipate the formation of a consolidation range around this level. If the price breaks upward, it may continue its ascent towards 2,714.00. The MACD indicator supports this bullish outlook, with its signal line hovering near zero and pointing upwards