Get started
Gold Spot / U.S. DollarGold Spot / U.S. DollarGold Spot / U.S. Dollar

Gold Spot / U.S. Dollar

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals

XAUUSD trade ideas

Bullish Continuation Daily Pattern For GoldThis type of pattern we can see which flows from the highlighted number 1 to number 6 and beyond occurs across all timeframes. It shows us that the bulls are in control, but the bears are beginning to find strength, however the bulls are fighting back to push things higher once more. This essentially tells us that the bears are beginning to gain strength and it is likely we see a big retracement some time soon. However in the shorter term, because the bulls are consistently keeping price from making new lower lows, they are actually forcing ever so slight higher highs. Therefore, we expect to see one last push from the bulls taking to another All Time High price. This falls in-line with the higher timeframe perspective idea we have just posted. Take a look:
FOREXCOM:XAUUSDLong
by Who-Is-Caerus
Gold (XAU/USD) Analysis – Bearish Scenario UnfoldingGold has been showing clear bearish momentum on the 4-hour chart, and the current price action suggests further downside potential. 1️⃣ Rejection from the Strong High: The price was firmly rejected at the $2,740 resistance zone, signaling the dominance of sellers in the market. 2️⃣ Weak Low Target Zones: With the break of structure (BOS) confirming bearish intent, the price is now heading toward key liquidity zones around $2,620 and $2,580. These levels are likely to act as targets for the current downtrend. 3️⃣ Bearish Momentum Accelerating: A series of Change of Character (CHOCH) events and lower highs further indicate that sellers are fully in control, with little evidence of bullish intervention so far. 📌 Bearish Targets: The immediate target is $2,620. If this level breaks, the next zone to watch is around $2,580, which could serve as the final destination for this bearish move in the short term. Let me know if you're tracking this move or if you see additional bearish opportunities!
CAPITALCOM:GOLDShort
by Charts_M7M
GOLD PRICES RETREAT AS STRONG DOLLAR PREVAILS AND ECONOMIC DATA Economic Data Impacting the Market On December 12, 2024, the U.S. Bureau of Labor Statistics released important economic data. The Producer Price Index (PPI) rose by 0.4% in November, higher than the expected 0.2%, and showed a 3.0% increase over the year, marking the largest gain since February 2023. Additionally, the core PPI, which excludes food and energy, went up by 0.2% for the month and 3.5% annually. Initial jobless claims for the week ending December 7 reached 242,000, significantly above the expected 220,000, indicating rising unemployment. These mixed signals highlight ongoing inflation pressures alongside a weakening job market. Fed Rate Cut Expectations Shift According to the CME FedWatch Tool, the probability of a rate cut by the Federal Reserve in December has decreased to 96.70% from 97.50% a day ago, signalling changing market expectations.
OANDA:XAUUSDShort
by DynamicCapital-FX
Gold Prices Are Carving Out a Rectangular PatternIt will take a few more weeks for a proper pattern to form, but gold prices are carving out a rectangular pattern. The chart shows potential target levels following a breakout. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
THINKMARKETS:XAUUSDLong
by ThinkMarkets
XAUUSD TECHNICAL ANALYSIS ( READ CAPTION )hello traders kindly share your opinion about this chart. current gold price: 2673 after breaking 2665 resistance a bullish trend has emerged which can push gold up to 2688. both day one candles of this weeks have supported gold. if market breakouts our demand zone 2688 then market's next move will be 2702. key points: supporting zone: 2668/2665 resistance level: 2688 kindly study my chart for more like, comment and thanks for your support.
FXOPEN:XAUUSDLong
by Ibrahim_Gold_Traders
1
My expectations for Gold!Hello guys due that the uptrend purple line was broken by 4h candle so my target is show there even if it will go down more but i believe that target will be reached by 99% confidence My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help. I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.
OANDA:XAUUSDShort
by moustafa_marei
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Interesting open on Gold with price attacking the support level we wanted to long, missing by a few pips but the Red boxes giving a decent entry up into the first order region. Once we saw the Red box not being respected and activated long again we continued to long up into that 2670 level we had mentioned in the KOG report. KOG’s Bias for the week: Bearish below 2665 with targets below 2620 and below that 2610 Bullish on break of 2665 with targets above 2670 (done) and above that 2685 RED BOXES: Break above 2639 for 2650 (done), 2660 (done), 2663 (done) and 2670 (done) in extension of the move Break below 2627 for 2620, 2610 and 2595 in extension of the move Now we've hit our bias level and support is below at the 2655 region. If held, we could see another test of this high which needs to hold us down in order to go lower. Unless broken above, longs are a bit risky up here unless we get support below. The path shows the potential retest level and support. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
6
10 Brutal Truths About Why Retail Support & Resistance Fail !CAPITALCOM:GOLD 10 Reasons Why Retail Support and Resistance Levels Fail: Unlocking Gann’s Secrets to Market Mastery Here’s a deeply researched, professional explanation for each point, infused with Gann’s quotes, examples, and concepts, to open the eyes of traders to why retail methods often fail and how Gann's wisdom provides clarity. 1. Static Levels in a Dynamic Market - Explanation: Retail traders often draw support and resistance (S/R) lines as static horizontal levels, expecting the market to repeatedly respect them. However, Gann emphasized the dynamic nature of markets, stating: "Markets are never still; they are always moving, reflecting time and price interplay." Markets are influenced by cycles, trends, and time frames, making S/R levels fluid rather than fixed. For instance, Gann’s Square of Nine shows how support and resistance rotate based on angles and time increments, offering precise levels that adapt dynamically. Retail traders fail to adjust their levels as time progresses, missing key changes in price behavior. 2. Failure to Incorporate Time - Explanation: Retail S/R methods typically ignore the role of time, which is a critical element in Gann's work. Gann wrote: "Time is the most important factor in determining market movements." Support may fail not because the level was invalid but because the "time factor" for that level has expired. For example, in Gann’s Time Cycles, support at a certain price might hold only for a specific duration. When that time passes, the level loses its relevance. Retail traders, unaware of such timing principles, are often blindsided when the market breaks their "strong" levels. 3. Lack of Confluence with Angles - Explanation: Gann’s methodologies prioritize the confluence of price and angle relationships. He believed that price moves in harmony with geometric angles, stating: "When price meets time at an angle, a change is imminent." Retail traders fail to consider these angular relationships, focusing only on flat horizontal lines. For example, a 45° angle from a significant low often acts as a true support, but retail traders, relying solely on previous price zones, miss these powerful turning points. 4. Overcrowding and Psychological Herding - Explanation: S/R levels widely used by retail traders often attract a large number of orders at the same price zone, making them predictable and vulnerable to institutional manipulation. Gann noted: "The crowd is often wrong, and the minority drives the market." Institutions exploit this herding by triggering stop-losses just below support or above resistance, creating false breakouts. For instance, Gann’s "Law of Vibration" explains how markets seek equilibrium by disrupting imbalances created by crowd psychology. 5. Ignoring Volume Analysis Explanation: Retail traders rarely integrate volume into their S/R analysis. Gann emphasized the importance of volume, stating: "Price movements must be confirmed by volume to validate strength." Support may appear to hold, but without accompanying volume, the level lacks significance. A practical Gann-based example would involve observing increased volume near a critical angle or price zone, signaling genuine strength or weakness at that level. 6. Using Recent Highs/Lows Without Context - Explanation: Many retail traders base S/R levels on recent highs and lows, assuming these are universally strong zones. Gann criticized such oversimplified approaches, writing: "The past governs the future, but only through proper analysis of cycles and patterns." Without analyzing historical patterns and cycles, these levels are often superficial. For example, Gann's Master Charts reveal that true resistance may lie at a harmonic distance from an earlier historical pivot, not necessarily at the recent high. 7. Misunderstanding False Breakouts - Explanation: Retail traders often misinterpret false breakouts as failures of support or resistance. Gann explained this phenomenon through his price and time squares, stating: "A breakout without harmony is often a trap, designed to mislead the majority." For instance, a false breakout above resistance might align with a Gann angle signaling a reversal, confusing those relying solely on retail S/R levels. 8. Ignoring Market Structure and Trend - Explanation: Retail traders often focus on S/R levels without understanding the broader market structure or trend. Gann believed: "The trend is your friend until time signals the end." Support is more likely to hold in an uptrend, while resistance is stronger in a downtrend. A classic Gann principle involves combining market structure with angular analysis to determine whether S/R levels will hold or break. 9. Failure to Account for Gann's Price Harmonies - Explanation: Gann’s studies reveal that price moves in harmonic relationships, often tied to Fibonacci ratios and geometric principles. Retail traders using arbitrary S/R levels fail to respect these harmonies. For example, Gann's observation of price doubling or halving (e.g., $50 to $100) often defines true support or resistance. 10. Reliance on One-Timeframe Analysis - Explanation: Retail traders frequently analyze S/R on a single timeframe, missing the interplay between multiple timeframes. Gann emphasized multi-timeframe alignment, writing: "The major trend governs the minor trend, and the minor trend refines the major." Support on an hourly chart may fail if it conflicts with resistance on a daily chart. Gann’s multi-timeframe methods ensure alignment, reducing the likelihood of failure. Updated Closing Thought- By understanding the reasons why retail support and resistance often fail and incorporating Gann’s time-tested principles, traders can elevate their skills to a professional level. Gann's focus on time, price, and geometry provides a roadmap to understanding the market with unparalleled precision. This content is invaluable for anyone seeking trading mastery, so don't keep it to yourself! Save this and share it with your friends so they can benefit too. Follow for more absolutely valuable and free trading insights!
CAPITALCOM:GOLDEducation
by GannAstroTrader
1
GOLD: China’s Purchases GOLD and Middle East Conflict AccelerateGOLD: China’s Purchases GOLD and Middle East Conflict Accelerate Further Gold has been accumulating for about two weeks in a large zone without showing any clear direction. It now appears to be gearing up for a bullish wave. A move above the top of the small structure, or above 2667, should push gold up further. This bullish wave is supported by factors beyond the technical chart: 👉Gold price (XAU/USD) nudges higher on Monday’s early European session, favoured by its safe-aven status amid the increasing uncertainty in the Middle East after the fall of the Bashar al-Assad regime in Syria. 👉Beyond that, The People’s Bank of China (PBoC) announced over the weekend that it resumed Gold purchases in November after a six-month pause, which is giving an additional boost to the precious metal.👉 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
FX:XAUUSDLong
by KlejdiCuni
2
Could the price bounce from here?The Gold (XAU/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the overlap resistance. Pivot: 2,657.81 1st Support: 2,627.26 1st Resistance: 2,713.51 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.
ICMARKETS:XAUUSDLong
by ICmarkets
2
Very important cleso for the week. Multi-T.F AnalysisThis week’s close on OANDA:XAUUSD is poised to be crucial for determining the next directional move. Key levels to monitor include critical support zones and resistance thresholds that will shape market sentiment. A close above significant resistance could signal a bullish breakout, while a close below vital support might confirm bearish continuation. Traders should also observe intraday trends and confirm with higher time frames for alignment. Stay alert for any economic or geopolitical news impacting gold’s price.
OANDA:XAUUSDShort
by Mihai_Iacob
Gold can hit 2750 before continuing it's bearish reversal trend?Gold prices climbed further, driven by escalating Middle East geopolitical tensions and a Wall Street selloff boosting safe-haven demand. China likely acquired over five tonnes of gold in Nov, according to the PBoC report. Upcoming central bank decisions in Canada, the EU, Switzerland, and the Fed are expected to heighten gold price volatility as investors await key economic signals. XAUUSD firmly broke above its sideways range, with higher swings and diverging bullish EMAs indicating its bullish momentum. If XAUUSD surpasses the previous high at 2720, the price could rise toward its resistance at 2750 before a potential bearish reversal. Conversely, if XAUUSD retraces, the price may dip to 2680 before continuing its uptrend. 1M liquidity found on 2720 and 1M+ liquidity found on 2750 so move is confirm
TVC:GOLDLong
by GoldPipsPredictor
XAUUSD First Golden Cross (4h) in 5 months. Strong Buy.Gold is trading inside an 8 month Channel Up and just crossed above the Falling Resistance of the previous High. It is about to form a Golden Cross on the (4h) timeframe and the last such formation dates back to July 7th. That was a heavy bullish signal that peaked on the 1.236 Fibonacci extension. Trading Plan: 1. Buy on the current market price. Targets: 1. 2850 (the 1.236 Fibonacci extension). Tips: 1. The MACD (1d) is also printing a similar Bullish Cross to July's. This is an additional strong buy signal. Please like, follow and comment!! Notes: Past trading plan:
FX_IDC:XAUUSDLong
by TradingBrokersView
GOLD NEXT MOVE (NFP DAY) (06-12-2024)Go through the analysis carefully and do trade accordingly. Anup 'BIAS for the day (06-12-2024) Current price- 2638 "Today is the NFP release, which may create high volatility and manipulation, So today we are not positing any BIAS ". PLAN_ follow the plan as I marked in the chart -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk more than 1% of principal to follow any position. Support us by liking and sharing the post.
OANDA:XAUUSD
by AnupZiddi
5