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Xauusdanalysis

GOLD ON THE EDGE- WILL SUPPORT HOLD OR WILL THE BEARS TAKE OVER?Symbol - XAUUSD CMP - 2912 Gold is currently testing a key level, bouncing off previously tested trend support, which opens up a potential for upside movement. As global economic risks remain high, gold continues to be in demand as a safe haven. This demand is especially pronounced amid ongoing geopolitical tensions, including the upcoming US-Russia talks in Saudi Arabia, where a potential resolution of the Ukraine conflict could alter market sentiment. These talks could significantly impact the outlook for risk assets and the demand for safe-haven investments like gold. Market participants are also cautious as the US Federal Reserve remains vigilant over inflation. Despite gold’s recent rally, weak risk appetite is boosting the dollar, and the hawkish tone from Fed officials continues to fuel concerns over inflation. They have voiced their preference for caution in cutting rates, especially with inflation still above target levels. This has led to expectations of a single rate cut this year, which in turn is influencing bond yields and investor sentiment. In terms of technical analysis, gold is trading within a critical risk zone. Resistance Levels: 2915, 2928, 2942 Support Levels: 2897, 2880, 2855 A false break below the support level at 2897 could signal a continuation of bullish momentum, while maintaining price levels above 2920-2928 could open the path towards 2942, 2960, and potentially even 3000. Conversely, if gold fails to hold above the support levels and breaks below 2880, liquidation could occur, it could lead to a significant retracement and further downside risks.
OANDA:XAUUSDShort
by akshit_official
Gold price analysis February 17⭐️Fundamental Analysis Gold prices continued to rise after eight consecutive weeks, supported by the weakening of the USD and US Treasury yields. The market expects the Russia-Ukraine conflict to end soon as Donald Trump is expected to meet Vladimir Putin in Saudi Arabia. Decreasing geopolitical risks and expectations of the Fed cutting interest rates twice in 2025 due to weak retail sales have negatively impacted the USD, helping gold prices rise. However, profit-taking pressure has limited the increase of gold. In addition, the US-EU trade tension over tariff policies also boosted demand for gold. This week, gold prices may fluctuate strongly due to the US holiday and statements from Fed officials before the Monetary Policy Meeting Minutes. ⭐️Technical Analysis Gold is facing a resistance zone and the resistance zone accepted by sellers is around 2905-2907. At the end of the Asian session or the beginning of the European session, if we cannot break this zone, we can implement SELL GOLD strategies to 2890. When GOLD breaks 2906, pay attention to around 2915 and 2929 for SELL strategies. 2887 is considered the most important support of today and can set up buy signals in that zone.
OANDA:XAUUSD
by TVS-Trader
1
GOLD - BULLS NEED TO EXERCISE CAUTIONSymbol - XAUUSD CMP - 2916 Gold is currently testing a critical risk zone within its corrective phase, where the market faces a decision point: either the continuation of the prevailing trend or the onset of a deeper correction. Attention is focused on the recently released US CPI data, which exceeded expectations. Markets remain uncertain due to the potential impact of President Trump’s proposed tariffs and the Federal Reserve's policy stance. According to the Wall Street Journal, the administration is preparing to introduce new tariffs, further adding to global economic risks. US CPI remained significantly above the Federal Reserve's target in January. Mr. Powell has indicated that the Fed is not in a rush to alter its course, leading to heightened expectations of a single rate cut in December, which in turn has supported rising bond yields. Gold is currently trading within a crucial zone, and at levels that suggest it is overbought. In my view, the ongoing rally is nearing its conclusion. Resistance Levels: 2920, 2928, 2942 Support Levels: 2897, 2880, 2855 A false break below the support level at 2897 would signal continued bullish sentiment and potential aggression in the market. If the bulls maintain price levels above 2920-2928, we may see further rally towards 2942, 2960, and potentially 3000. However, if gold breaks below 2880 and remains beneath this level, liquidation could occur, leading to price declines towards 2855, 2842, and potentially lower levels.
OANDA:XAUUSDShort
by akshit_official
XAU#16: Higher-than-expected CPI Will Gold Continue?🔥🔥 💎 💎 💎 Gold has corrected to the 286x area after last night's CPI data. Today we continue to plan for gold. 💎 💎 💎 ———————————————————————— 1️⃣ **Fundamental Analysis:** 🔴Higher-than-expected US Inflation, Short-term Gold Volatility ———— 1️⃣ January CPI increased by 3%, Core CPI increased by 3.3%, higher than forecast, reducing expectations of Fed rate cuts this year. 2️⃣ USD and bond yields increased (10-year: 4.62%), putting pressure on gold. 3️⃣ Markets cut interest rate cut expectations from 3 to 1, may not cut if PPI remains high. 4️⃣ Gold fluctuates but still has long-term prospects ⚫Gold prices fell after CPI data, but quickly recovered thanks to safe-haven demand. ⚫Bond yields and a stronger USD put pressure on gold, but if the economy weakens, gold could find long-term support. ⚫Factors such as persistent inflation, economic recession and geopolitical instability could still push gold higher in the future. ———————————————————————— Conclusion Higher-than-expected CPI data reduced expectations of Fed rate cuts, sending US stocks tumbling and the USD soaring. Powell stressed the need to assess further factors before changing monetary policy. Investors need to keep an eye on the upcoming PPI and PCE data for a clearer view of inflation. ————————————————————————— 2️⃣ **Technical analysis:** 🔹 **D frame**: As you can see yesterday closed with a long-legged pinbar. The uptrend of gold is still holding 🔹 **H4 frame**: The uptrend structure on H4 frame is also holding. You can see the price touching the H4 trendline and reacting strongly 🔹 **H1 frame**: You can see H1 is at the old resistance zone. We can wait for the price reaction here to consider setting up a position. 3️⃣ **Trading plan:** ⛔ Gold is currently still in a multi-frame uptrend and still has the basis to set a new peak. However, the price has gone all day and there has been no significant correction. The SELL option will not be considered unless there is a clearer price reaction at the current resistance area. ✅ The current priority is still looking for opportunities to BUY in line with the main trend. You can refer to the plan in the H1 frame plan. 💪🚀 **Wish you successful trading!**
OANDA:XAUUSD
by TonyL0ng
Gold Trading Plan for 13th Feb 2025Gold Trading Levels 🔹 Buy Setup: Buy Above: The high of the 1-hour candle that closes above 2917 📍 Targets: 2930, 2939, 2950 🔹 Sell Setup: Sell Below: The low of the 1-hour candle that closes below 2890 📍 Targets: 2878, 2868, 2858 📌 Analysis: Instead of entering trades immediately at 2917 or 2890, this strategy ensures confirmation by waiting for a full 1-hour candle close above or below these levels. This approach helps filter out false breakouts and improves trade reliability. If gold closes above 2917, traders should enter at the high of that closing candle for a potential bullish move. If gold closes below 2890, traders should enter at the low of that closing candle for a possible bearish move. 📢 Disclaimer: This trading analysis is for informational purposes only and does not constitute financial advice. Trading in commodities and financial markets involves significant risk, and past performance does not guarantee future results. Always conduct your own research and consult with a professional before making any trading decisions. The author or publisher is not responsible for any financial losses incurred based on this information. 🚨
TVC:GOLD
by ramkkyy
Gold Next Target 3000$ ?Key points: fundamental ⚡Trump raises tariffs on steel and aluminum imports ⚡Bullion hits record high of $2,942.70 per ounce ⚡Gold bulls lock in $3,000/oz milestone in sight 📊 Market Overview: Gold continues to break all-time highs, currently trading around $2940 - $2942. Despite a temporary pause at this resistance level, geopolitical uncertainty and economic conditions suggest that gold could soon reach the psychological $3000 mark . ✅ Trend Analysis: The overall trend remains bullish, with price following an ascending trendline (dashed). Strong buying momentum is visible, as price has made higher highs and higher lows. Final Thoughts: 🚀 Gold remains bullish, but traders should watch how price reacts around key Fibonacci levels and the trendline. 📊 A break above $2,931 can push price higher, while a rejection could lead to a pullback before another bullish move. 📢 Keep an eye on key economic events (seen on chart) that may impact volatility! Would you like me to suggest entry/exit points based on your strategy? 🎯 👉 Always follow TP/SL to protect your capital and maximize profits! Stay tuned for updates once the confirmations are in place! 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 , Silver Wolf Traders Community Disclaimer: This is for educational purposes only. Always trade responsibly and manage your risk effectively
OANDA:XAUUSD
by silverwolftraders029
GOLD - TRADING AT CHANNEL RESISTANCE - TIME TO SELL?Symbol - XAUUSD CMP - 2858 Gold has reached a new all-time high (ATH) of $2861 & trading at rising channel resistance, amidst heightened risks of tariff conflicts and persistent inflation, encountering resistance at the channel trend. However, due to potential political manipulation, the possibility of a market correction exists. Currently, gold is consolidating above $2840 following its ATH, as it awaits key data such as US employment figures and speeches from Federal Reserve officials. Increased volatility has been observed, driven by conflicting statements regarding former President Trump's tariff policies: tariffs were initially imposed, only to be rescinded a few hours later, highlighting the influence of political decisions. Following a false breakout at the resistance of the ascending channel, gold is now undergoing a correction, partly prompted by news of the temporary suspension of tariff hikes by the United States. Despite these fluctuations, gold remains resilient, supported by the Fed’s cautious stance on rate cuts. Key Resistance levels: $2860 and $2872 Key Support levels: $2845, $2840, $2818 Should the price fall below the $2840 mark and consolidate beneath this level, a short-term correction towards $2824 - $2815 may occur. However, no significant trend reversal is indicated, and growth may resume from these key support areas.
OANDA:XAUUSDShort
by akshit_official
2
Gold Break All Time High Again And Again🌍 Market Overview: Gold Bullish Expansion Continues bullish momentum, reaching a new All-Time High (ATH). Driven by USD weakness and improved global sentiment. Key Drivers: 🔹 Postponed Tariffs: Delay on tariffs for Canada & Mexico boosted investor confidence. 🔹 China's Retaliation: Symbolic tariff actions by China, with minimal real economic impact. 15-Minute Chart • Key Observations: o Strong bullish momentum is evident, with price repeatedly breaking previous highs. o A key support zone is established around $2,840, reflecting strong buying interest. o Recent bullish movement aligns with improved investor confidence due to postponed tariffs on Canada & Mexico and symbolic Chinese tariff retaliation. • Market Sentiment: o Bullish sentiment is dominant, likely fueled by favorable geopolitical and economic developments. o Immediate resistance is near the all-time high levels; a clear breakout could indicate further upside. ________________________________________ 4-Hour Chart 🚀 Key Observations: Price is trading within an upward parallel channel, confirming a consistent bullish trend. A breakout and successful retest of the upper boundary of the channel signals potential continuation of the bullish move. The price has established higher highs and higher lows, indicating a strong uptrend. Technical Levels: Resistance: Near $2,860-$2,865 (current high levels). Support: $2,820 (middle channel boundary). ________________________________________ Conclusion: • Overall Bias: Strongly bullish in both short and medium time frames. • Trading Strategy: o 🔵For buyers: Consider entries on pullbacks toward $2,840-$2,845 (support zone). o For breakout traders: A clear break above $2,865 with strong volume may present an opportunity to ride the trend. o For risk management: Place stop-loss below $2,820, as a breach could indicate a potential reversal. ⚡️The Result? 👉Gold continues to break records, hitting 2848 - 2850 this morning, a key Fibonacci Extension (FE) resistance zone. However, selling pressure remains weak, and price action still favors bulls. NO FOMO SELL at this level! 👉 Always follow TP/SL to protect your capital and maximize profits! Stay tuned for updates once the confirmations are in place ! 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 , Silver Wolf Traders Community Disclaimer: This is for educational purposes only. Always trade responsibly and manage your risk effectively
OANDA:XAUUSDLong
by silverwolftraders029
GOLD Trading Strategy for 04th Feb 2025 GOLD Trading Strategy: Buy Strategy: Entry Point: Buy above the high of the 15-minute candle that closes above 2832 Targets: First Target: 2840 Second Target: 2851 Third Target: 2860 Stop-Loss: The stop-loss will be set at the low of the candle that breaks out above 2832. Sell Strategy: Entry Point: Sell below the low of the 15-minute candle that closes below 2796 Targets: First Target: 2790 Second Target: 2781 Third Target: 2772 Stop-Loss: The stop-loss will be set at the high of the candle that breaks down below 2796. Time Frame: 15-Minute Time Frame: This strategy is based on the 15-minute time frame, allowing for shorter-term trading opportunities and quicker responses to market movements. Important Points: Stop-Loss Orders: Always use stop-loss orders to manage risk and protect your capital. Monitor Market Conditions: Continuously monitor market conditions and news that could impact the GOLD price. Technical Indicators: Consider using technical indicators and chart patterns to confirm entry and exit points. Disclaimer: Please conduct your own research and consult a professional financial advisor before making any investment decisions. Trading and investing involve significant risk of loss and are not suitable for every investor.
TVC:GOLD
by ramkkyy
Analysis Of Gold (XAUUSD)💡 Key Economic Updates for the Week: Nonfarm Payrolls (Friday): Expected to indicate solid job growth. Likely to influence USD strength. Impact on Gold: May react inversely to USD performance based on labor market data. ISM Services PMI (Thursday): Provides insights into economic activity and inflation trends. Federal Reserve Watch: Traders will monitor speeches from Fed officials for hints on future rate decisions. ________________________________________ 📊 1. Trend Analysis: • Higher Timeframe (4H Chart): o The price is trading within an ascending channel (marked by red trendlines), indicating a bullish structure overall. o However, the recent rejection from the upper boundary of the channel and subsequent pullback suggests a potential retracement phase. • Lower Timeframe (1H and 15M Charts): o The price has entered a significant demand zone (highlighted in light blue) after breaking below a minor consolidation range. o Fibonacci retracement levels are being used to determine possible Take Profit (TP) levels during the pullback. ________________________________________ 2. Key Levels Identified: • Resistance Levels (Supply Zones): o $2,788–$2,790 (Red Zone):  A strong supply area where price has rejected multiple times.  This zone aligns with liquidity above recent highs. • Immediate Resistance: o $2,796 (Liquidity Zone):  A potential target if price attempts to retest liquidity near this level. ________________________________________ • 📊 Support Levels (Demand Zones): o $2,764 (Fib TP1):  This is the first target level from Fibonacci retracement analysis. o $2,751.5 (Fib TP2):  A deeper retracement target, aligning with a significant point of interest (POI) on the chart. o Channel Support (~$2,750):  The lower boundary of the ascending channel, acting as dynamic support. ________________________________________ ⚠️ Possible Scenarios: 1. Bullish Scenario: o If price holds above $2,764 (Fib TP1), expect a reversal toward $2,788–$2,790 (supply zone) or even the liquidity zone at $2,796. 2. Bearish Scenario: o If price breaks below $2,764, further downside toward $2,751.5 (Fib TP2) or the ascending channel support near $2,750 is likely. ________________________________________ 4. Key Takeaways: • Short-Term Levels: o Support: $2,764, $2,751.5, and $2,750. o Resistance: $2,788, $2,790, and $2,796. • Mid-Term Levels: o Focus on how the price reacts at $2,764 and the ascending channel's lower boundary for clearer direction. ________________________________________ 👉 Always follow TP/SL to protect your capital and maximize profits! Stay tuned for updates once the confirmations are in place! 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 , Silver Wolf Traders Community Disclaimer: This is for educational purposes only. Always trade responsibly and manage your risk effectively
OANDA:XAUUSD
by silverwolftraders029
GOLD Trading Strategy FOR 02 Feb 2025GOLD Trading Strategy: Buy Strategy: Entry Point: Buy above the high of the 15-minute candle that closes above 2813 Targets: First Target: 2818 Second Target: 2824 Third Target: 2833 Stop-Loss: The stop-loss will be set at the low of the candle that breaks out above 2813. Sell Strategy: Entry Point: Sell below the low of the 15-minute candle that closes below 2790 Targets: First Target: 2782 Second Target: 2775 Third Target: 2770 Stop-Loss: The stop-loss will be set at the high of the candle that breaks down below 2790. Time Frame: 15-Minute Time Frame: This strategy is based on the 15-minute time frame, allowing for shorter-term trading opportunities and quicker responses to market movements. Important Points: Stop-Loss Orders: Always use stop-loss orders to manage risk and protect your capital. Monitor Market Conditions: Continuously monitor market conditions and news that could impact the GOLD price. Technical Indicators: Consider using technical indicators and chart patterns to confirm entry and exit points. Disclaimer: Please conduct your own research and consult a professional financial advisor before making any investment decisions. Trading and investing involve significant risk of loss and are not suitable for every investor.
TVC:GOLD
by ramkkyy
2
GOLD - BEARSIH STRUCTURE FORMING. WILL IT BREAK CHANNEL SUPPORT?Symbol - XAUUSD Gold has recently tested lower levels of rising channel and is now engaging with trend support, creating volatility in the market. The strengthening of the U.S. dollar is exerting downward pressure on the precious metal. Gold appears to be entering a corrective phase, with the market gradually shifting from a bullish to a bearish outlook due to increasing demand for the dollar, driven in part by concerns over potential trade wars arising from U.S. policies under former President Trump's administration. The issue of tariffs imposed by the U.S. remains unresolved. Meanwhile, traders are closely monitoring U.S. economic data, including durable goods orders and consumer confidence, as well as the Federal Reserve's upcoming meeting, with its outcome expected to be released on Wednesday. From a technical perspective, after the breakdown of the bullish market structure, the price is currently testing the support of the established channel. It is unlikely that this support level will be breached on the first attempt, and the price may experience a corrective move towards 2745 or potentially the imbalance zone, such as the 2750-2760 range, before resuming its downward trajectory due to selling pressure. Key resistance levels: 2745, 2751, 2760 Key support levels: 2735, 2718 If the price fails to breach the 2745 resistance level and retreats to 2735, this could signal a potential break of trend support. In that scenario, an impulsive move towards 2718 may materialize. However, if the 2745 resistance level is overcome, gold could test the 2750-2760 range before continuing its downward movement which is more likely.
OANDA:XAUUSDShort
by akshit_official
What Next in Gold After Fed Interest rate 💡 Key Observations 1. Ranging Market (15-Minute Timeframe): o The price is consolidating within a tight range near $2762, showing indecision in the market. This is a typical behavior before a breakout or breakdown. 2. Order Blocks (OB): o OB on 1H: The $2771-$2772 zone is still acting as a strong resistance. Multiple price rejections confirm this as a supply zone. o OB on 30M: A minor order block is visible near $2760-$2762, suggesting short-term demand in this area. 3. Trendline Support: o The upward red trendline continues to act as dynamic support. Price is respecting this trendline, maintaining a bullish structure for now. 4. Demand Zone at POI Level: o The $2745-$2742 zone remains a critical support area. If the price retraces, this zone is likely to attract buyers. 5. Fed Interest Rate Impact: o The Fed's decision to keep interest rates unchanged at 4.5% has added to the ranging behavior as traders await clearer cues. 6. Overall Trend: o The broader structure is still bullish, supported by the 200 EMA (blue line) and the ascending trendline. However, the price is struggling to gain momentum near the resistance. ________________________________________ 💡Key Levels • Resistance Levels: o $2771-$2772 (Major Resistance): Watch for a breakout here for further bullish momentum. o $2790 (All-Time High): If $2772 is cleared, this is the next target. • Support Levels: o $2760-$2762 (30-Minute Order Block): Short-term support zone within the range. o $2745-$2742 (POI Level): Strong demand zone and key level to hold for bullish continuation. ________________________________________ 📊 Market Outlook 1. Bullish Case: o A breakout above $2772 with strong volume could push the price toward the all-time high of $2790. o The bullish trendline and 200 EMA provide strong support for this scenario. 2. Bearish Case: o A breakdown below the trendline and the $2745-$2742 demand zone could lead to a deeper correction, potentially targeting the $2730 level or lower. ________________________________________ 💡Trading Strategy Suggestions 1. For Buyers: o Enter long positions near the $2745-$2742 demand zone or on a breakout above $2772, targeting $2790. o Keep a tight stop-loss below the trendline or $2740 to limit risk. 2. For Sellers: o Consider short positions near the $2772 resistance if the price continues to reject this level, targeting $2760 or lower. o A break below the trendline could also signal a shorting opportunity, aiming for $2730. ________________________________________ ⚠️Conclusion Gold is in a consolidation phase near the $2762 level, with a strong resistance zone at $2771-$2772. While the overall structure remains bullish, a breakout or breakdown from the range will determine the next move. Keep an eye on key support and resistance levels, along with market news or economic triggers, for clearer direction. 👉 Always follow TP/SL to protect your capital and maximize profits! Stay tuned for updates once the confirmations are in place! 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 , Silver Wolf Traders Community Disclaimer: This is for educational purposes only. Always trade responsibly and manage your risk effectively
OANDA:XAUUSDShort
by silverwolftraders029
Gold holds steady as investors eye Fed decisionGold prices were little changed on Wednesday as market participants awaited the U.S. interest rate verdict, while the spotlight was also on President Donald Trump's trade policies amid fresh tariff threats. 💡Key Market Influences: Asian Bank Holiday (Lunar New Year): Liquidity will be significantly lower today, which may lead to a tighter price range in the Asian . FOMC Data Release Tonight: The market will closely watch the statements from Fed Chairman Powell, as they could have a major impact on USD (DXY) and set the long-term direction for gold. 📊 Key Observations: 1. Support & Resistance Levels: o Immediate Resistance:  $2,771–2,772 (Marked OB Zone): This is a supply zone or order block (OB) identified on the 1-hour chart, acting as a critical resistance level.  All-Time High Zone: The price is approaching a significant resistance area near the $2,790 level, the all-time high. o Support Levels:  $2,737 Level (Marked POI Level): This is an important demand zone (Point of Interest or POI) where buying pressure previously occurred.  $2,710 Zone: Another significant support level where price saw a reversal, reinforced by the proximity of the 200 EMA. 2. Order Block on 1-Hour (OB on 1H):  The $2,771–2,772 area is identified as a bearish order block. If the price fails to break above this level, it could signal a rejection and potential downside movement. o Demand Zone Near $2,737:  A key bullish order block where price bounced upward after a CHoCH (Change of Character) confirmed bullish momentum. 3. Trend Analysis: o Bullish Channel Formation:  Price is trading in an ascending channel, indicating a bullish trend.  Price is currently in the middle of the channel, suggesting more room for upside if it can break the resistance zone. o Higher Lows Formation:  Clear signs of higher lows confirm the bullish structure on this timeframe. 4. Exponential Moving Average (EMA): 200 EMA:  Positioned around $2,737, providing dynamic support.  The price bounced off this level, indicating strong bullish sentiment as long as it stays above the EMA. 5. Change of Character (CHoCH): o Bullish CHoCH:  The breakout above the previous structure low near $2,737 signals a shift from bearish to bullish momentum. 6. Volume Insights: o Noticeable spikes in volume near the $2,737 support level, suggesting increased buyer activity in this area. Trading Insights: 1. Bullish Scenario: o A clear breakout above $2,771–2,772 OB could lead to a continuation toward the $2,790 all-time high. o Maintain long positions as long as price stays above the 200 EMA and the $2,737 support zone. 2. Bearish Scenario: o Rejection at $2,771–2,772 may lead to a retracement toward the $2,737 support level or the $2,710 zone. o Watch for a break below $2,737, which could invalidate the bullish trend. Key Levels to Watch: • Resistance: $2,771–2,772 and $2,790 • Support: $2,737 and $2,710 • Critical EMA Level: 200 EMA at $2,737 ⚠️ Next Steps: • Monitor price action closely around the $2,771–2,772 OB zone for signs of a breakout or rejection. • Use the ascending channel boundaries to plan entry and exit points. • Keep an eye on volume spikes for confirmation of trend strength. 👉 Always follow TP/SL to protect your capital and maximize profits! Stay tuned for updates once the confirmations are in place! 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 , Silver Wolf Traders Community Disclaimer: This is for educational purposes only. Always trade responsibly and manage your risk effectively
OANDA:XAUUSD
by silverwolftraders029
GOLD - TRADING IN ASCENDING CHANNELSymbol - XAUUSD Gold has been oscillating near the support level of 2762 since the session's opening. The probability of a retest of the all-time highs remains elevated. The dollar's current correction provides opportunities for bullish movements. Traders are experiencing profit-taking while awaiting the Federal Reserve's statements and the Trump administration's stance on trade tariffs. U.S. tariff policies, along with PMI data, continue to shape market sentiment, impacting both the dollar and gold. From an economic perspective, the upcoming week holds significant importance with key events such as the Fed's rate decision, U.S. GDP report, and PCE data release. From a technical standpoint, gold has tested a critical support zone, though it has yet to reach the risk area where a trend reversal might be expected. It appears that less committed market participants have exited their positions, securing profits. Resistance levels: 2760, 2790 Support levels: 2750, 2745 The primary focus at this stage is on the 2760 support level. Should gold manage to establish a sustained move above this level, a potential rise toward 2790 can be anticipated. However, this remains a pivotal zone that continues to attract the attention of speculators. We expect a retest of the ATH and anticipate a possible false breakout in the near term.
OANDA:XAUUSD
by akshit_official
Next Possible Gold (XAUUSD) Movement 28-JAN.Fundamental effect on gold : • Gold Price Movement: o Gold remained steady around $2,730 per ounce on Tuesday, following a recent decline. o Traders are anticipating the Federal Reserve’s two-day policy meeting starting later today. • Federal Reserve Expectations: o The Fed is expected to leave interest rates unchanged. o Market focus will be on Fed Chair Jerome Powell’s speech for guidance on future policy. o Attention also on the Fed's response to President Trump’s calls for interest rate cuts. • Impact of Inflation and Policy: o Trump’s inflationary policies could lead the Fed to maintain higher rates. o Higher rates may reduce gold’s appeal as an inflation hedge. • U.S. Dollar Influence: o A stronger U.S. dollar added additional pressure on gold prices. o Dollar strength was driven by market reactions to Trump’s latest tariff threats Key Observations 1. Chart Patterns: The Head and Shoulders pattern (third chart) signals a potential bearish reversal. The neckline has been broken, which could indicate further downside. The price has pulled back to retest the neckline area at 2748–2753, aligning with the Golden Fibonacci level (0.618). A confirmation is needed through candlestick patterns for the next move. 2. Fibonacci Retracement Levels (first chart): The retracement levels plotted suggest:  0.382 level at 2746.67  0.5 level at 2751.61  0.618 level at 2755.83  These are key areas to watch for price rejection or continuation. 3. Trendline and Channel (second chart): o The price has broken out of the ascending channel, confirming a bearish bias. o The POI (Point of Interest) level around 2730 aligns with key support. 4. Dynamic Support: o The 200-period Moving Average acts as dynamic support around 2733. Support Zones: 1. 2733–2735: o Near the 200-MA and aligns with previous consolidation. Likely to act as immediate support. 2. 2730–2720: o A strong support zone reinforced by Fibonacci extension levels and day support. 3. 2704–2700: o The next major support level if the bearish move continues. Watch for a potential reversal or price reaction here. Resistance Zones: 1. 2748–2753: Retest zone of the neckline and Fibonacci 0.618 level. Price may face selling pressure here. 2. 2755–2760: Fibonacci cluster and prior resistance zone. 3. 2770–2780: Top of the previous range and the upper boundary of the broken ascending channel. Actionable Insights: • Bullish Scenario: • If the price breaks above 2753 with strong candlestick confirmation, it may target 2760–2770. • Bearish Scenario: • A rejection at 2748–2753 or failure to hold 2730 could push the price toward 2700. • Neutral Strategy: • Wait for confirmation at the neckline retest zone (2748–2753) to determine direction. • Monitor candlestick formations, such as engulfing or pin bars, near support and resistance levels. Summary: • Support: 2733–2735, 2730–2720, 2704–2700 • Resistance: 2748–2753, 2755–2760, 2770–2780 • The bearish trend remains intact unless the price reclaims 2753 convincingly. For now, focus on the retest zone and confirm the trend direction before entering a trade. Stay tuned for updates once the confirmations are in place! 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 , Silver Wolf Traders Community Disclaimer: This is for educational purposes only. Always trade responsibly and manage your risk effectively
OANDA:XAUUSDShort
by silverwolftraders029
27/01/2025 Gold (xauusd) Analysis,Gold's Weekly Start: Price GapOANDA:XAUUSD Daily Plan for XAUUSD: Gold Opens the Week with a Price Gap Market Overview In Asian Session Price Gap Down Open 2671 -2764 (50 Pips) Technical Insights Current Price Range: Gold is fluctuating between $2,773 and $2,756, forming a temporary range of about 170 pips. This range is expected to hold during the Asian sessions unless disrupted by key market data later in the week. Key Levels to Watch: Resistance Zones: $2,786 - $2,784 (Major Resistance) $2,778 - $2,772 (Short-Term Resistance) Support Zones: $2,759 - $2,761 (Immediate Support) $2,750 - $2,745 - $2,735 (Stronger Support Zones) Order Block : OB on 4H time (2733.54-2716.92) Trendline: Seen in chart 1H Trend Line work As support Also wait for breakout then Retest and after entry with Confirmation (selling Till Next Support Level) Fib Level: (Uptrend seen in H4 Time) On 4H - Golden Zone = 2761-2755 - Discount Zone = 2755- 2741 Market Behavior: If price remains below $2,773, SELL momentum will likely dominate. A breakout above this level will invalidate short-term sell strategies, prompting the need to wait for higher entries. Sideways movement may persist due to lower liquidity during the Asian session. Stay tuned for updates once the confirmations are in place! 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 , Silver Wolf Traders Community Disclaimer: This is for educational purposes only. Always trade responsibly and manage your risk effectively
OANDA:XAUUSD
by silverwolftraders029
2
Gold Trading Strategy for 27th January 2025Gold Trading Strategy Buy Strategy: Buy Above: The high of the 15-minute candle that closed above 2780 Targets: 2788, 2796, 2804 Stop-Loss: Below the low of the 15-minute candle that closed above 2780 Sell Strategy: Sell Below: The low of the 15-minute candle that closed below 2751 Targets: 2743, 2735, 2723 Stop-Loss: Above the high of the 15-minute candle that closed below 2751 Disclaimer: This analysis is based on historical data and market trends. Past performance is not indicative of future results. Trading and investment involve risks, and you should conduct your own research or consult with a financial advisor before making any decisions.
TVC:GOLD
by ramkkyy
XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the marketwhich preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for breakC. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
FX:XAUUSDShort
by tradergyan01
Gold Trading Strategy for 23rd January 2025Gold Trading Strategy Buy Strategy: Condition: Wait for the 15-minute candle to close above 2764. Trigger: Buy when the price moves above the high of the 15-minute candle that closed above 2764. Targets: 2773, 2779, 2785 Stop-Loss: Set a stop-loss order below the low of the 15-minute candle that closed above 2764 to limit potential losses. Trailing Stop-Loss: Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points below the current price. Sell Strategy: Condition: Wait for the 15-minute candle to close below 2742. Trigger: Sell when the price moves below the low of the 15-minute candle that closed below 2742. Targets: 2738, 2732, 2726 Stop-Loss: Set a stop-loss order above the high of the 15-minute candle that closed below 2742 to limit potential losses. Trailing Stop-Loss: Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points above the current price. Discipline: Stick to the trading plan and do not deviate from the strategy. Avoid making impulsive decisions based on emotions. Disclaimer: This analysis is based on historical data and market trends. Past performance is not indicative of future results. Trading and investment involve risks, and you should conduct your own research or consult with a financial advisor before making any decisions.
TVC:GOLD
by ramkkyy
XAUUSD - ENCOUNTERING SUPPLY AREASGold is encountering significant resistance at 2721 and has entered a correction phase, which aligns with shifts in the broader economic landscape and fundamental factors. Easing geopolitical tensions in the Middle East have reduced the demand for safe-haven assets like gold, the US dollar, and US bonds. Moreover, improved market sentiment is being driven by expectations of potential stimulus measures from China. Nonetheless, the downward pressure on gold may remain limited due to the unpredictable nature of Trump's policies and the anticipation of two interest rate cuts by the Federal Reserve later this year. As a result, gold prices are likely to experience short-term volatility, influenced by holiday market conditions and upcoming executive actions from Trump. From a technical perspective, gold is currently within a symmetrical triangle pattern, which is also situated within an ascending channel. If resistance is not breached, the price may face downward pressure toward support. Resistance levels: 2713 - 2721 Support levels: 2702 - 2690 A retest of 2702 would increase the likelihood of a breakdown of support, leading to a further decline. This could follow a retest of the resistance level. There is also the possibility of a false breakdown at one of the mentioned resistance levels before the market moves lower.
OANDA:XAUUSDShort
by akshit_official