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Gold market trading strategy analysis: Spot gold is trading sideways and is currently trading at $2,620 per ounce. The support pressure level is short at high levels and long at low levels. The pressure level is 2642 and the support level is 2613. After breaking through the 2,620 area again in the early Asian session on Thursday, it rose sharply again as expected, breaking through the new high in the early session. The European session was trading sideways, and after a slight pullback in the US session, the bulls exerted their strength again and rushed to the 2,638 position! As long as it breaks through a new high again within the day and does not pull back if it is strong, the current high will be the subsequent low! Focus on the two points above 2,642 and 2,650 during the day, and the breakthrough of these two points is also a matter of time. Gold trading strategy: Buy gold directly near 2620, with targets at 2642, 2650, and 2664; if it touches 2650, 2664, and 2670 for the first time, you can go short; if it touches 2621, 2618, and 2612, you can buy in batches and go long; more real-time layouts are subject to actual quotes;
FOREXCOM:XAUUSDLong
by Caesar_Gorman01
2
SPY/QQQ Plan Your Trade For 12-27-24: Momentum Rally PatternThe last Friday of the year (2024) should show up as a moderate Momentum Rally in the SPY/QQQ - possibly seeing the SPY target 603 or higher by the end of the day. Gold and Silver are consolidating into a FLAGGING formation. Bitcoin is trapped in a consolidation range (right shoulder) pattern that should break downward over the next 5+ days. This is the time to position your trades for the beginning of 2025 and prepare for moderate volatility as the markets struggle for direction. The Momentum Rally pattern, today, should present a very clean opportunity for skilled day traders. I believe a deeper low is likely to setup between January 15 and January 25, 2025. So, be prepared for another roll to the downside after we get past the New Year. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYLong
by BradMatheny
3
SILVER Outlook after the Dip. What to expect NOW?As you can see, the price has repeatedly hit the trendline and then increased. This time, the same situation has occurred, so the trendline can be relied upon. Additionally, a hidden bullish divergence is visible, indicating a potential price increase. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
FOREXCOM:XAGUSDLong
by CobraVanguard
Gold can drop to support line of wedge, breaking support levelHello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price some time ago reached a resistance level, which coincided with the seller zone and broke it. After this, the price rose to 2721 points and then made an impulse down to the support level, which coincided with the support line of the wedge, breaking the resistance level. Next, Gold started to trades inside the range, where it rose to the 2665 resistance level, but then made a correction to the bottom part of the range. After this movement, the price started to grow and reached the resistance level again, and even broke it, thereby exiting from the range and continuing to move up. Price rose to the resistance line of the wedge, turned around, and quickly dropped below the resistance level, breaking it again. Later price fell to the support line of the wedge, breaking the support level, but a not long time ago it rebounded up the top resistance line, breaking the 2605 level one more time. At the moment, I think that the price can rebound from the resistance line and start to decline to the support line of the wedge pattern, breaking the support level. For this case, I set my TP at 2575 points. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
1
GOLD bullish movement continuesThe FOREXCOM:XAUUSD is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD) Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
TVC:GOLDLong
by CobraVanguard
4
GOLD / Consolidation Near Resistance Ahead of Year-End MovesGold Technical Analysis The price is about to reach the resistance line which is 2636 and then will consolidate between 2636 and 2620 until a breakout occurs. If the price breaks above 2638 with a 4-hour candle close, it signals a continuation of the bullish trend toward 2653. Conversely, stability below 2620 could drive the price down to 2605. Key Levels: Pivot Point: 2628 Resistance Levels: 2636, 2645, 2653 Support Levels: 2620, 2605, 2591 Trend Outlook: Bearish below 2620 Bullish above 2623
OANDA:XAUUSDShort
by SroshMayi
1
11.26 Gold Market Strategy Analysis: Spot gold is trading sideways at a high level, and is now quoted at $2,630/ounce. The support and pressure levels are high selling and low buying, with a pressure level of 2,642 and a support level of 2,613. Gold opened high in the morning of the Asian session, and tested the support of the 2,608 area on Monday. Gold closed at a high level on Tuesday, and ran above the 2,620 area again in the Asian morning session on Thursday, indicating that the support below is strong, and the support area is still bullish. The prediction and analysis of the Asian morning session showed that the 2,626 area above has been strongly broken, and the breakthrough will continue to look up. The focus of the day is on the 2,633 and 2,642 points above. These two points are also a matter of time. As long as you hold the long order, you can make more money! Yesterday, it was predicted that gold bulls will rise sharply in the Asian morning session today, and we have seen the results! The current highest is the 2,630 area. At this stage, it depends on whether it will continue to follow the analysis of the morning session. Wait and see! In terms of U.S. trading operations, hold long orders in hand. Gold is directly long near 2627. It has now broken through 2626. At this stage, it depends on the two points of 2633 and 2642. If it breaks through, continue to buy long. If it touches 2642 for the first time, you can sell short. See Just go to 2635-33. The U.S. market backtests 2633 and goes long again. Look above 2650! I said yesterday that if the market opens at a normal high, the expected limit of the bulls can be seen in the 2670 area! Gold trading strategy: Buy gold directly near the current price of 2627, with targets at 2642, 2650, and 2664; sell short if it reaches three points of 2642, 2650, and 2664 for the first time; buy long in batches if it reaches three points of 2624, 2621, and 2615; more real-time The layout is subject to the actual offer;
FOREXCOM:XAUUSDLong
by Caesar_Gorman01
2
11.26 Gold Market Strategy Analysis: Spot gold is trading sideways at a high level, and is now quoted at $2,633/ounce. The support and pressure levels are high selling and low buying, with a pressure level of 2,642 and a support level of 2,613. Gold opened high in the morning of the Asian session, and tested the support of the 2,608 area on Monday. Gold closed at a high level on Tuesday, and ran above the 2,620 area again in the Asian morning session on Thursday, indicating that the support below is strong, and the support area is still bullish. The prediction and analysis of the Asian morning session showed that the 2,626 area above has been strongly broken, and the breakthrough will continue to look up. The focus of the day is on the 2,633 and 2,642 points above. These two points are also a matter of time. As long as you hold the long order, you can make more money! Yesterday, it was predicted that gold bulls will rise sharply in the Asian morning session today, and we have seen the results! The current highest is the 2,630 area. At this stage, it depends on whether it will continue to follow the analysis of the morning session. Wait and see! In terms of U.S. trading operations, hold long orders in hand. Gold is directly long near 2627. It has now broken through 2626. At this stage, it depends on the two points of 2633 and 2642. If it breaks through, continue to buy long. If it touches 2642 for the first time, you can sell short. See Just go to 2635-33. The U.S. market backtests 2633 and goes long again. Look above 2650! I said yesterday that if the market opens at a normal high, the expected limit of the bulls can be seen in the 2670 area! Gold trading strategy: Buy gold directly near the current price of 2627, with targets at 2642, 2650, and 2664; sell short if it reaches three points of 2642, 2650, and 2664 for the first time; buy long in batches if it reaches three points of 2624, 2621, and 2615; more real-time The layout is subject to the actual offer;
FOREXCOM:XAUUSDLong
by Caesar_Gorman01
XAU/USD : More Fall Ahead? (READ THE CAPTION)By analyzing the #Gold chart on the 4-hour timeframe, we can see that after revisiting the supply zone of $2,633 to $2,652, the price faced selling pressure and corrected over 140 pips to $2,624. Currently, gold is trading around $2,626. If the price manages to hold below the $2,633 level, we can anticipate further declines. This analysis will be updated.z Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
OANDA:XAUUSDShort
by ArmanShabanTrading
21
SILVER Will Go Lower! Sell! Take a look at our analysis for SILVER. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 29.812. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 28.778 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
TVC:SILVERShort
by SignalProvider
1
Gold Analysis and SignalsGold closed above 2630. The daily line continued to rise and re-stood on the MA10 daily average of 2625. The hourly and four-hour moving averages opened upward, and the price ran along the middle and upper tracks of the Bollinger Bands. The idea of ​​gold remains unchanged, and we continue to see fluctuations, sell high and buy low! Gold fell after rising in the US market yesterday, with very small fluctuations, but there was no strong breakthrough at high levels. On the surface, it broke through the previous high of 2633 in 1 hour, but gold did not stand firm, and it fell back at any time and fell below the previous high of 2633 again. Gold did not form an effective breakthrough, so there is a possibility of gold bulls being lured, at least the market is not a unilaterally strong market! First support: 2627, second support: 2621, third support: 2610 First resistance: 2641, second resistance: 2652, third resistance: 2666 Trading strategy: BUY: 2621-2623 SELL2641-2643
OANDA:XAUUSD
by Jun-GoldAnalyst
How does gold price change on weekends? What should you note?Hello everyone, Ben here! Last week, we witnessed a significant drop in gold prices. At one point, gold prices fell to a low of $2,583. Currently, gold is trading around $2,627, stabilizing over the week. It is clear that the hawkish signal from the Federal Reserve (Fed) last week, indicating that they will slow the pace of rate cuts in 2025, supported the US Dollar (USD) to remain near its two-year high and acted as a drag on the non-yielding gold metal. Additionally, a positive risk trend contributed to limiting the gains of this precious metal. However, geopolitical risks stemming from the prolonged Russia-Ukraine war and tensions in the Middle East, along with fears of a trade war, continue to provide some support for gold as a safe-haven asset. Furthermore, a modest pullback in US Treasury yields has supported a mild buying tone amid thin trading volumes during Christmas Eve. Therefore, it would be wise to wait for some follow-through buying before positioning for any further recovery from last week’s one-month low. The projected price increase is expected to reach $2,650. What do you think about this? Sincerely, Bentradegold!
OANDA:XAUUSDLong
by Bentradegold
Gold remains hopeful for a future rallyGold prices decreased slightly after the Christmas holiday, fluctuating around $2,633 on Friday. However, the precious metal may still receive positive support from expectations regarding signals related to the U.S. economy under the upcoming Trump administration and the Federal Reserve's interest rate outlook for 2025. Additionally, the appeal of gold as a safe haven is further strengthened by rising geopolitical risks, especially the ongoing conflict between Russia and Ukraine, along with escalating tensions in the Middle East, leading many to anticipate a potential recovery in gold's value. Based on technical analysis, gold may experience a dip toward the support level of $2,623 to gather momentum before a potential upward move. It is forecasted that gold could break through the $2,629 support level and advance toward the $2,636 resistance zone. Traders should closely monitor key support and resistance levels such as $2,623 and $2,636. If gold tests the $2,623 support level and shows signs of recovery, this could be an opportunity to open a buy position. On the other hand, if gold prices continue to drop further, traders may need to reassess their strategies.
OANDA:XAUUSD
by Alisa_Rokosz
Gold price forecastDonald Trump’s transition team is looking for ways to end conflicts in Ukraine and the Middle East. The trade war between the US and many countries, including China, may not be too tense. Donald Trump only sees tariffs as a negotiating tool. If the trade deficit improves, the trade war is likely to be less fierce. Donald Trump's transition team is looking for ways to end conflicts in Ukraine and the Middle East. The trade war between the US and many countries, including China, may not be too tense. Donald Trump only sees tariffs as a negotiating tool. If the trade deficit improves, the trade war is likely to be less fierce. In the long term, gold is still expected to rise as inflation signals rise again globally. The West has seen inflation return, while many Asian countries have stepped up monetary easing and have plans to pump money.
TVC:GOLDShort
by FalCol_TradingMaster
1
XAUUSD: 26/12 Market Analysis and StrategyGold technical analysis Daily resistance 2660, support below 2580 Four-hour resistance 2637, support below 2600 Gold operation suggestions: The market is in a narrow range during the Christmas holiday, market liquidity is reduced, and the volatility is naturally getting smaller and smaller. Today is still under the influence of the holiday, and it is expected that there is still no intention to break through. Gold rebounded in the Asian session, but there is still suppression above 2633. If it does not break, it will still be a volatile market. Don't think too much. Gold can be directly shorted when it touches the 2630-33 area. Hold below 2633 and watch for a volatile decline. Gold hit a high of 2633 on Monday and then fell back under pressure, reaching a low of 2608, which happened to be the 2608 support point I mentioned. On Tuesday, it fell back to a low of 2610, and once again held the 2608 support point and pulled back. Today, the Asian session opened high and approached the 2633 pressure position. Today, we will continue to pay attention to the resistance in this area. It is definitely not suitable to chase the rise near here. Before it breaks here, it will continue to rebound high. Only after a strong breakthrough above 2633 can we see the bulls continue to rise. If it falls back, we will continue to pay attention to 2608 and choose to buy low. SELL:2633near BUY:2621near BUY:2610near The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.
OANDA:XAUUSDLong
by ActuaryJ