XAUUSD BUYHi Traders
What Are you Thinking About Gold
This price Seems in Buy Trade
Resistance Zone 2700/20
Support Zone 2640/35
Lets Like and share your minds in comments
XAUUSD trade ideas
GOLD | Temporary BearishThe US Dollar Index (DXY) remains range-bound between 105.722 and 106.843, maintaining a bullish outlook. Meanwhile, gold prices temporarily continue to benefit from ongoing geopolitical uncertainties and signals of global monetary easing, especially from China. However, with the DXY gaining bullish momentum, gold may soon face downward pressure.
XAUUSD DAILY/4H SELL MODELPrice swept the daily 'ERL' on Thursday morning and displaced to the downside creating a daily FVG.
On the 4h timeframe, there is a breaker block and a 4h fair value gap inside the daily fvg which makes that region higher probability for sells..so I expect sells from the 4h breaker block marked above, aiming for sell side liquidity tagged below...let's go!!!
Gold 1hour buying and selling opportunityGold Buy $2652
Target 2655/2657/2659/2662
Stay vigilant in tracking the support and resistance levels. Exciting updates on the sell trade are coming soon, so keep an eye out. Best of luck!
Technical Analysis of Gold (XAU/USD) 15-Minute Chart
The current price is trading around 2649. A focus on bearish potential below this level could indicate continuing the downward trend if it breaks down further.
A bearish outlook for gold below 2649 with the formation of a head and shoulders pattern coupled with a rising wedge is a significant indication to monitor. If the price tests and breaks below 2645, it could lead to further declines, reinforcing the bearish bias. Always remember to manage risk accordingly and adjust your strategy based on real-time market developments.
Gold bearish movementGold is bearish now.
After BAT Pattern completion (exactly on relevant PRZ) it is started to model the XA wave with Elliot 5 waves. it is completed for now although it would continue due to strong move. because of positive divergence we would have a bullish correction up then it will continue downward to the BAT target (AX wave model). and it will meet the end of the long term channel which can be seen here.
XAUUSD Long SetupThis is my long awaited Long Setup on #xauusd, Let u s keep focus and see what the outcome will be.
XAUUSD: Bearish Correction Expected After Wave ((4)) CompletionGold appears to be completing an Elliott Wave correction pattern
Wave ((4)) is forming a regular correction near $2665 level
Once Wave ((4)) is complete, expect Wave ((5)) to move towards $2600-$2590 area
Key invalidation level remains at $2699.91
Short positions can be considered after Wave ((4)) completion and momentum confirmation
Current price action suggests limited upside potential before bearish continuation
Keep in mind wave patterns can shift. Always use proper risk management and wait for clear confirmation before entering trades.
Stay cautious around key economic events and monitor dollar strength which could impact the expected move.
Welcome to my latest analysis and forecast for XAU/USD!Gold prices are entering a phase of bearish consolidation.
The understanding that the Federal Reserve may slow the pace of its interest rate cuts due to stalled progress in reducing inflation to its 2% target acts as a headwind for the yellow metal.
However, a combination of factors continues to provide some support.
A slight decline in U.S. Treasury yields keeps dollar bulls on the defensive.
Additionally, persistent geopolitical risks and concerns regarding the policies of U.S. President-elect Donald Trump helps limit the downside for the precious metal.
Traders are also likely to avoid taking new directional positions ahead of the critical Federal Open Market Committee (FOMC) policy decision on Wednesday.
This decision will be closely watched for signals on the future path of rate cuts. which could provide new impetus for the XAU/USD pair.
Technical Analysis
In this analysis we will take a closer look at the current state of XAU/USD and provide a forecast for its future movements.
First, let's start with a brief explanation of XAU/USD.
XAU refers to the chemical symbol for gold, while USD is the abbreviation for the US dollar.
This currency pair represents the price of gold in US dollars.
As the US dollar is the world's foremost reserve currency and gold is seen as a safe-haven asset, XAU/USD is a highly watched and traded currency pair.
Now, let's dive into the analysis of XAU/USD. In recent months, we have seen a steady uptrend in the price of gold against the US dollar.
This can be attributed to various factors, such as the ongoing trade tensions between the US and China, the uncertainty surrounding Brexit, and the global economic slowdown.
All of these events have led to investors seeking refuge in the safe-haven asset of gold, thus driving up its price.
Additionally, the recent interest rate cuts by the US Federal Reserve have weakened the US dollar, making gold more attractive for international investors.
The demand for gold has also increased due to the central banks of various countries adding gold to their reserves.
These factors have all contributed to the bullish trend in XAU/USD.
In terms of technical analysis, XAU/USD is currently trading above its long-term moving average , indicating a strong uptrend.
However, it is important to note that the price has reached on critical resistance level of $2,718 per ounce.
If it breaks through this level, we can expect to see further gains in XAU.USD.
On the other hand, if the price fails to break this resistance, we may see a pullback to the support level of $2,560.
Now let's move on to our forecast for XAU/USD.
Based on the current market conditions, we believe that XAU/USD will continue its uptrend in the short term, with a potential target at $2,791 per ounce.
However, we cannot ignore the fact that gold is a highly volatile asset, and any unexpected events or changes in market sentiment can quickly reverse this trend.
In the long term, we maintain a bullish stance on XAU/USD due to the ongoing uncertainty in the global economy and the potential for further interest rate cuts by central banks.
It is also worth mentioning that the gold market tends to perform well during times of geopolitical tensions and economic downturns, which are all possibilities in the current global landscape.
In conclusion, XAU/USD has been on a steady uptrend, and our analysis and forecast suggest that our analysis and forecast suggest that this trend will continue in the short and long term.
As always, it is important to keep an eye on the market and adjust your trading strategy accordingly.
Stay updated with the latest news and events that may affect XAU/USD to make informed trading decisions.
Happy Trading!
Gold price analysis December 19⭐️Fundamental Analysis
Gold prices fell sharply due to the impact of the Fed's less dovish outlook.
Fed Chairman Powell emphasized cautious policy in the context of ongoing high inflation risks.
The Fed forecasts inflation target to reach 2% in the next 1-2 years, indicating slow progress.
The latest dot chart shows few interest rate cuts until 2026, stabilizing the Fed funds rate at 3.4%.
⭐️Technical Analysis
Gold prices fell to the 2685 area and were accepted by buyers to push prices up around 2610 in the Asian session. If the European session fails to break 2613, Gold will continue to fall in the European session and the destination is relatively far away at 2585-2558. In case the resistance zone at 2613 is broken, the direction is towards 2633, which is the first corrective wave SELL zone and the second corrective wave SELL zone around 2663
Is time for Gold bull to give up?The Fed's shift has shaken the market, ending the gold bulls' party. One of the main drivers behind gold's recent rise has been Federal Reserve rate cuts and signs of a slowing U.S. economy. However, the opposite trend is emerging, with the Fed likely pausing rate cuts now.
Further trade wars could begin as early as Q1 2025 under Trump, potentially driving inflation higher and dampening gold demand.
Additionally, ongoing efforts to negotiate a truce between Russia and Ukraine may further reduce gold's appeal.
Technically, the price has broken below the December 6 and November 26 lows. As long as it remains under $2634, the double top/rectangle pattern indicates a potential drop to $2499. However, a more immediate target for short-term traders is yesterday's low at $2576.
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Gold Price Analysis: Bearish Momentum to 2615CAPITALCOM:GOLD is showing strong bearish momentum on the 4 H chart, with price action indicating further downside potential. Rejection from Resistance: The price faced a strong rejection at the $2,720–$2,725 resistance zone, highlighting sellers' control over the market. A clear break below the $2,680 and $2,675 levels confirms the bearish trend.
Targets: The price is now moving toward critical liquidity zones around $2,615, $2,600 and $2,545, which are likely to serve as key targets for the ongoing downtrend.
Goodluck
weekend sellers!According to the levels, I think it's the fast of the weekend sellers!
I think it is logical :D
Golden Horizons: Technical Precision Meets Fundamental PowerOANDA:XAUUSD - Daily
Gold’s Bullish Breakout Shines Bright!
Gold (XAU/USD) has confirmed a strong breakout from a Falling Wedge and Rounding Bottom, rebounding off the 50% Fibonacci level (2,533.75). With the next target at the 161.8% extension (3,107.09), this setup offers a potential 16.49% gain in just 77 days. Ideal for position traders seeking long-term growth and swing traders capitalising on interim moves. 🚀✨
🌟 Technical Highlights: Gold’s Bullish Setup in Focus
Gold (XAU/USD) is setting the stage for a remarkable upward journey, supported by two key bullish patterns that signal strong momentum ahead:
1. Falling Wedge
The recent breakout from a falling wedge pattern is a textbook example of a bullish continuation. This move signals the end of a consolidation phase, where sellers lose control and buyers step in decisively. The breakout is accompanied by strong momentum, confirming that the bulls are in command and driving prices higher.
2. Rounding Bottom Formation
Adding to the bullish case is a clear rounding bottom pattern, a powerful long-term reversal signal. This pattern reflects steady accumulation by buyers, often seen as the market transitions from bearish sentiment to a confident bullish trend. It provides a solid base for sustained upward movement.
After retracing to the 50% Fibonacci level (2,533.75), the price rebounded strongly, breaking out with conviction. The next key target lies at the 161.8% Fibonacci extension (3,107.09), representing a potential 16.49% gain over the next 77 days.
This setup combines technical precision with a clear path for growth, making it a compelling opportunity for traders to watch. Gold’s journey upward is gaining momentum—don’t miss the move!
🌍 Fundamental Insights: Gold’s Shining Role
Gold continues to solidify its status as the ultimate safe-haven asset, thriving on a combination of global uncertainties and supportive monetary policies. The Federal Reserve’s dovish stance, characterised by steady interest rates, has reduced the appeal of fixed-income investments, making gold a preferred alternative for investors seeking stability in a low-yield environment.
Simultaneously, persistent inflationary pressures and geopolitical tensions are driving investors toward gold as a hedge against declining purchasing power and economic instability. As crises in key regions escalate, gold’s reputation as a reliable store of value during turbulent times becomes even more pronounced. This blend of factors is propelling gold’s bullish momentum, appealing to both long-term investors and short-term traders eager to capitalise on its growing demand. Gold isn’t just performing; it’s standing out as a pillar of strength in today’s unpredictable financial landscape.
📆 Seasonal Boost: The Golden Demand Wave
Gold traditionally enjoys heightened demand in the first quarter, driven by cyclical buying patterns in key markets like India and China. In India, the wedding season and festivals fuel a surge in gold purchases, while in China, the Lunar New Year celebrations see gold as a symbol of wealth and prosperity. These cultural and seasonal factors consistently create upward pressure on prices during this period.
This seasonal demand perfectly aligns with gold’s current technical breakout and strong fundamental support. The convergence of these factors strengthens the bullish outlook, making the first quarter a historically proven and timely opportunity for traders and investors to capitalise on gold’s momentum.
🙏✨ Thank You for Reading!
Wishing you incredible success on your trading journey! 🌟 Always remember, proper risk management is the cornerstone of sustainable growth in the markets. Stay disciplined, stay confident, and let the charts guide your path.
📈💼 Good luck with your trades—may profits be ever in your favor! 🚀💰
Gold: Short-Term Fluctuations, Long-Term TriumphsAs a market analyst, I observe that global gold prices currently stand at $2,647 per ounce, with February 2025 gold futures on the Comex New York exchange priced at $2,675 per ounce, reflecting a 0.03% increase from the previous day. Over the past week, gold has shown a solid 0.8% gain.
From my perspective, gold has had a remarkable year, and while it is now undergoing a phase of correction, I firmly believe this pullback will not last long. My analysis suggests that gold prices will rise further in the coming months. This outlook is supported by several key factors, including loose monetary policies, strong central bank buying activity, and growing demand for safe-haven assets, all of which are likely to drive gold to new record highs this year.
I’m also closely following comments from Federal Reserve Chair Jerome Powell after each meeting, as these are crucial for shaping investor expectations for 2025. Inflation remains a pressing issue, still falling short of the Fed’s 2% target. According to Nicky Shiels, a metals strategist at MKS PAMP SA, gold prices could reach $2,500 per ounce, or even as high as $3,000 per ounce, depending on how effectively the Fed manages inflation.
In the short term, my projection is that gold will trade within a range of $2,647 to $2,760 per ounce. For the longer term, I align with Goldman Sachs' forecast that gold could achieve $3,000 per ounce by the end of 2025. This aligns with the broader trends I’m observing, where persistent economic uncertainties and evolving monetary policies continue to shape a favorable environment for gold.
XAUUSD BUY AT DEMAND ZONE SMART MONEY CONCEPTHere on Xauusd price has been falling breaking structure and later for try to reverse buy unable instead forming a liquidity and later sweep the liquidity which then tap at demand zone marked so trader should go for long with expect profit target of 2643.017 and 2656.023 . Use money management
Potential short on Xauusd As seen on the gold price is reaching for liquidity that makes sense for it to head up... in my analysis you can see we are in premium, and almost in discount. the inversed FVG shown in the 4h is likely to push price lower or likely to fail and push price higher.
XAUUSD 15/12/24Coming into this week, we are observing a clear shift in market bias that occurred at the end of last week, transitioning from bearish to bullish. After running the highs and selling off, we are now looking to run the lows and then buy back into the same highs. This setup could shape up to be a strong week for longs in gold, potentially leading to a clean bull run as Christmas approaches and the market slows down.
Based on the content shown on our charts, we can see there was "money out" within our supply zone, which triggered the previous downward shift. Now, we are looking for "money in" within our entry timeframe, which is the 15-minute chart. Watch for a clear entry around the lows. Additionally, there is liquidity above the current highs, which could fuel the next upside move.
Trade safely and stick to your plan.
new private strategychart : XAU (Gold)
give signals with EMA 200 and candle patterns with volume analysis
Daily Analysis of Gold Ounce to USD – Issue 174The analyst believes that the price of { XAUUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
XAUUSD - continuation sells? What about Pullbacks?Here is our in-depth view and update on XAUUSD . Potential opportunities and what to look out for.
XAUUSD is currently trading at around 2605 .
We are still following our long-term analysis on XAUUSD which was posted on November 27th (almost a month ago).
Last time, we took a step back and took a look at XAUUSD from a bigger perspective (H4 time-frame). We are now using H1 to show you possible outcomes we might have in play.
Overall XAUUSD is still extremely bearish . We could see the following scenarios happen.
Scenario 1: SELL from 2620
We could see a potential pullback to 2620, which was respected last time we made a pullback from the massive drop on XAUUSD. This would give us an amazing entry for further gold sells.
Scenario 2: SELL from 2633
A deeper pullback could happen if we break to the upside from 2620. Entering in 2633 would give us an amazing opportunity to hop into sells and hold it long-term, still targeting the 2480 level.
Scenario 3: SELL from 2590
Breaks below 2590 would result in more sells on the pair. As we failed to break to the upside that would confirm the 2620 being the “pullback area” and we will most likely continue to the downside. We would be targeting 2550 and possible breaks of it. If 2550 would be broken we could start seeing more extreme sells on XAUUSD.
Personal opinion:
The direction for now is bearish in our opinion. We are looking for sells and we do believe gold could see some more sell-offs in December before the year of 2024 ends.
KEY NOTES
- XAUUSD is overall bearish.
- XAUUSD sells are valid from key pullback areas 2620 and 2633.
- XAUUSD breaks below 2590 would also confirm further sells.
Happy trading!
FxPocket
