Xauusdshort
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.
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.
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.
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.
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.
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📊 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.
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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.
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• 📊 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.
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⚠️ 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.
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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.
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👉 Always follow TP/SL to protect your capital and maximize profits!
Stay tuned for updates once the confirmations are in place!
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📢Best Regards , Silver Wolf Traders Community
Disclaimer: This is for educational purposes only.
Always trade responsibly and manage your risk effectively
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.
Gold has entered a range-trading💡 Fundamental Effect :
- Gold has entered a range-trading phase as it factors in the potential impacts of the Federal Reserve meeting, possible interest rate cuts, and a correction in equity markets following news about Chinese AI model DeepSeek, according to Norman.
- On Monday, a sell-off in technology stocks triggered by DeepSeek news led investors to liquidate bullion to offset losses.
- With the Fed's first policy meeting of the year concluding today, investors are closely watching for signals about the direction of interest rates and insights from Chair Jerome Powell's speech.
- Trump has urged for lower interest rates, which conflicts with the Federal Reserve’s independent authority to set interest rate policies.
- Meanwhile, Trump remains committed to imposing tariffs on Canada and Mexico, following through on his earlier promises.
- These policies are considered inflationary, which may compel the Federal Reserve to maintain higher interest rates to counter rising price pressures.
💡 Summary
-Price is currently consolidating near $2757 with resistance at $2771-$2772.
-A break above $2772 could lead to further upside momentum.
-A break below the 200 EMA at $2756 might lead to a test of $2744.59,
signaling bearish continuation.
Main Analysis-
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
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.
Xauusdt short possible Gold sell 2746.10
Sl 2750
Tp one 2729
Tp two 2717
Tp three 2710
Trade based on pure price action there is so much liquidity in the market so retail traders will be trapped by showing market done a breakout on upside so its to open a sell position with institutions and banks so i am opening a sell position on gold
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 market
which 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 break
C. 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
XAUUSD (Gold) Prediction for the coming daysin this week buying side move has been seen in gold. but gold has entered its selling zone and there are high chances of it falling from here. Because XAUUSD has entered the daily time frame order block (OB). Now if previous day high liquidity hunts and after displacement to the downside, then I am interested in Selling.
XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARDXAUUSD SHOWING A GOOD DOWN MOVE WITH 1:7RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which 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 break
C. 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
One more SHORT plan with XAUUSD - GOLD on TF M15It's Xmas day so that the Volumn of Market is week --> so that the price is very slow
But with the Cloud Trending System I saw some good signals to make a SHORT sell plan for GOLD OANDA:XAUUSD today.
On M15 Time Frame:
I saw a "Confirmed downtrend signal"
I saw a Downtrend Market Structure : LOWER HIGH
I saw downtrend on main trend of 4 time frames: H4-H1-M30-M15
Specially, I also saw a "Break down follow trend" signal on M15 Cloud Trending Chart
So I make one more SHORT SELL plan for GOLD XAUUSD today with Entry zone = 2616-2617
Stoploss = Trailing Stoploss (a Pink color line above the cloud)
Target 1 = about 2608
Target 2 = about 2598
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Another: Check this plan yesterday : still running....
XAUUSD WEEEKLY BUY PROJECTION 22.12.24Central bank purchases of gold have been one of the strongest factors driving its price. This trend is likely to continue as central banks seek alternatives to US-dollar-dominated assets. Goldman analysts also believe that any escalation in trade tensions or geopolitical risks could further enhance gold's appeal.