Get started

Xauusdupdates

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
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 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
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-
OANDA:XAUUSD
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
XAU#7: The bullish wave engulfs the trader's account 💎 💎 💎 Plan #6 above helps you make a profit. Leave a comment and tag your friends to share. 💎 💎 💎 So the bullish wave has reached the old peak as analyzed by #6. Let's see the next comments and trading strategies. 1️⃣ **Fundamental analysis:** 📊 Putin: Ready to discuss the Russia-Ukraine conflict and energy issues with Trump. If there is really a negotiation. Gold prices may be under pressure 🚀Trump hinted at easing tariff policies and called on the Federal Reserve to cut interest rates. This is the driving force that has pushed gold to hover near the record high reached in October last year 2️⃣ **Technical analysis:** 🔹 **W frame:** Last week ended with a strong bullish candle in the resistance area. This confirms that the market sentiment is extremely optimistic about establishing a new price peak. 🔹 **H4 frame:** The uptrend is still very strong with no signs of correction 🔹 **H1 frame:** The price structure is increasing in a stepwise manner. It will be difficult to see a correction. 3️⃣ **Trading plan:** ⛔ In previous articles, my top priority for you is to never go against the market trend at this time. Especially, you are not allowed to hold losses or place SELL orders against the trend. Many accounts have burned because of blocking the gold head when the trend is so strong ✅The uptrend will continue next week. The top priority is still to find a BUY entry point when the price reaches the support zone. 💪🚀 **Wish you successful trading!** 📌 For any questions, please contact directly. I am ready to answer for you for free #trading #trade #xauusd #newtrader #newbie #xau #forex #tradingview #plants #trader #tradingforex
OANDA:XAUUSD
by TonyL0ng
XAUUSD MONDAY MARKET OPENING PROJECTION 26.01.24he chart illustrates an analysis of Gold Spot (XAU/USD) on a 1-hour timeframe, with a detailed projection for Monday's market opening on January 26, 2025. Key elements of the chart include: Price Levels: Current Price: $2,770.885. Target Price: $2,785.816. Stop Loss: $2,755.726. Support Level: Around $2,766.852, marked by a 38.2% Fibonacci retracement line. Technical Indicators: Stochastic Oscillator (5,3): Indicates oversold conditions, with values of 16.24 and 20.94. Relative Strength Index (RSI): Shows a neutral reading of 52.22, suggesting no strong directional bias. Projection: The blue arrow anticipates a bullish movement from the current price toward the target price after a potential bounce near the $2,766.852 support zone. A bearish scenario is mitigated with a stop loss at $2,755.726. Context: The analysis implies a buying opportunity around the support zone, aiming for a potential upward move. This chart represents a calculated setup for traders, combining Fibonacci levels and momentum indicators to define a strategy for Monday's market session.
OANDA:XAUUSDShort
by kripsonfx97
XAUUSD 1H SELL LIMIT PROJECTION 24.01.24Key Components of the Chart: Channel Analysis: The price is moving within a clearly defined parallel upward trend channel. The channel is marked with two parallel trendlines: an upper resistance trendline and a lower support trendline, indicating the prevailing short-term bullish momentum. Resistance Zone (R1): A major resistance level is identified near 2788-2790, which aligns with the upper boundary of the trend channel. This area is marked as a potential entry zone for a sell limit order, based on the expectation of a rejection from this resistance level. Support Zone (S1): A support level is marked near 2780, acting as the take profit (TP1) for the proposed trade. This is also in line with the midline of the channel, suggesting a likely pullback target. Entry & Stop Loss (SL): Entry zone: 2788–2790 (at resistance R1). Stop loss (SL): 2798, placed just above the resistance zone to account for false breakouts. Take profit (TP1): 2780, aiming for a move back toward the support level. Trendlines and Candlestick Interaction: The chart highlights how price action respects both the upper resistance trendline and lower support trendline through previous touchpoints, indicating strong adherence to the channel. Bearish Projection: The setup assumes a short-term bearish reversal from the resistance zone, as the price is anticipated to test the lower levels within the channel.
FXOPEN:XAUUSDShort
by kripsonfx97
XAUUSD 1H SELL PROJECTION 23.01.24Reason for Sell Looking at the year ahead and 2025 and it will no doubt be interesting. Geopolitical risk remains a threat with the Middle East still on edge and the Russia-Ukraine situation no closer to a resolution. Just yesterday there were rumors that a proposal by the incoming Trump administration to delay Ukraine joining NATO by 10 years will not be accepted by the Kremlin. Anyone with knowledge of the situation there will know that this will not change as the main reason for the conflict (at least from a Russian perspective) is Ukraine joining NATO. These developments are likely to keep some geopolitical risk premium in play and keep safe haven demand going. Global Central Banks were one of the main drivers of the Gold price rise in 2024. This is expected to continue in 2025. The World Gold Council survey revealed in the second half of 2024 that Central Banks are likely to purchase more Gold in the next 12 months. This should further bolster demand for the precious metal. When it comes to risks affecting Gold prices moving forward, it does get challenging. The reason for this is the incoming Trump administration is expected to do good things for the economy but some policies could lead to higher interest rates. This could weigh on Gold prices. This is a double-edged sword however, in that the increased risk of uncertainty from Trump policy and concern around the impact of tariffs could actually bolster the demand for safe haven assets and thus Gold. All in all analysts are largely pricing in further gains for the precious metal in 2025, personally I do see the potential for upside as well. However, I would not rule out a deeper correction before price does actually breach the current ATH resting around the 2790 handle.
FOREXCOM:XAUUSDShort
by kripsonfx97
20
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
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
Gold Trading Strategy for 22nd January 2025Gold Trading Strategy Buy Strategy: Entry Point: Condition: Wait for the 15-minute candle to close above 2758. Trigger: Buy when the price moves above the high of the 15-minute candle that closed above 2758. Targets: First Target: 2769 Second Target: 2781 Third Target: 2793 Stop-Loss: Set a stop-loss order below the low of the 15-minute candle that closed above 2758 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. Profit Booking: As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 2769, another portion at 2781, and the remaining position at 2793. Sell Strategy: Entry Point: Condition: Wait for the 15-minute candle to close below 2730. Trigger: Sell when the price moves below the low of the 15-minute candle that closed below 2730. Targets: First Target: 2721 Second Target: 2708 Third Target: 2696 Stop-Loss: Set a stop-loss order above the high of the 15-minute candle that closed below 2730 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. Profit Booking: As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 2721, another portion at 2708, and the remaining position at 2696. Risk Management: Position Sizing: Use proper position sizing to ensure you do not risk more than 1-2% of your trading capital on a single trade. This helps to manage risk and protect your capital. Diversification: Avoid putting all your capital into a single trade or asset. Diversify your trades across different assets to minimize risk. 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.
OANDA:XAUUSD
by ramkkyy
Gold Trading Strategy for 16th January 2025Gold Trading Strategy Buy Strategy: Entry Point: Condition: Wait for the price to close above 2705 on a 1-hour candle. Trigger: Buy when the price moves above the high of the candle that closed above 2705. Targets: First Target: 2713 Second Target: 2720 Third Target: 2725 Stop-Loss: Set a stop-loss order below the low of the 1-hour candle that closed above 2705 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. Profit Booking: As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 2713, another portion at 2720, and the remaining position at 2725. Sell Strategy: Entry Point: Condition: Wait for the price to close below 2680 on a 1-hour candle. Trigger: Sell when the price moves below the low of the candle that closed below 2680. Targets: First Target: 2674 Second Target: 2668 Third Target: 2658 Stop-Loss: Set a stop-loss order above the high of the 1-hour candle that closed below 2680 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. Profit Booking: As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 2674, another portion at 2668, and the remaining position at 2658. Risk Management: Position Sizing: Use proper position sizing to ensure you do not risk more than 1-2% of your trading capital on a single trade. This helps to manage risk and protect your capital. Diversification: Avoid putting all your capital into a single trade or asset. Diversify your trades across different assets to minimize risk. Discipline: Stick to the trading plan and do not deviate from the strategy. Avoid making impulsive decisions based on emotions. Disclaimer: This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
THINKMARKETS:XAUUSD
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 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
FX:XAUUSDShort
by tradergyan01