Get started

Futures market

Gold Trend Forecast for Next Week (December 2 - December 6)🕯 Gold Trend Forecast for Next Week (December 2 - December 6) 🔽Last week, gold fell $115 from its peak due to geopolitical and economic reasons, the PCE index increased and the Dollar Index increased sharply, causing the gold market to be distributed by PTCB. However, the increasing instability in Russia, Ukraine and the continuous violation of the agreement of ISRAEL LEBANON ... still support the Gold Tiger to increase quite positively for next week. Jobs The closing price of the week's gold price is still above 2650, showing a very large increase in the prospect of gold next week! But before increasing again, gold can still retest the 2645 area, even 2633, to gain momentum for the upcoming increase. In particular, next week, there will be a lot of US economic news such as: PMI index for manufacturing and services; employment numbers: ADP, NFP, unemployment rate… Currently, most of the US news is predicted to be better than the previous period! If as expected, this news will have an impact on weakening the USD and be a support for gold! 🥰Trading plan: 🔼 Buy Gold: 2636x – 2634x SL: 2630 Tp: 2644 - 2653 – 2688 – 2720 🔽 Sell Gold: 2686x – 2688x SL: 2691 TP: 2678- 2665 🔽 Sell Gold: 2718x – 2720x SL: 2724 TP: 2705- 2690 🫶Note: Set SL tightly for each order, the financial market is full of risks, if you do not set SL, do not place an order. 🫶Wishing everyone a happy and joyful Sunday 🫶
OANDA:XAUUSDLong
by KevinNguyen-SimpleTrade
1
Weekly Long-Term Gold Trading for 2025–2026Hello everyone. Given the global market's demand for gold, the economic climate of the Middle East War, and Trump's business strategy for the global market, this is gold's long-term chart. For a while, gold was being sold for long-term holding. The global markets' bullish trends reversed a year after Trump's new tax conditions, and the middle east is expected to be unstable in the years to come. However, global markets do not record profits following COVID-19. Bull Run will continue until October or November of 2025. Profit was booked, bearish condition was restored, and then the gold trend reversed. Gratitude
FOREXCOM:XAUUSDLong
by dudivinod
1
Gold Trading Strategy for 02nd December 2024Gold Trading Strategy Buying Strategy: Buy Trigger: Initiate a buy order if the price closes above the high of the candlestick at 2661. This suggests a potential upward momentum. Support Levels: 2632: A minor support level where the price might find temporary support. 2617: A stronger support level, indicating a possible reversal or consolidation zone. 2574: A major support level, suggesting a significant buying interest at this price. Selling Strategy: Sell Trigger: Initiate a sell order if the price closes below the low of the candlestick at 2646. This suggests a potential downward momentum. Resistance Levels: 2682: A minor resistance level where the price might face temporary resistance. 2705: A stronger resistance level, indicating a possible reversal or consolidation zone. 2725: A major resistance level, suggesting significant selling interest at this price. Disclaimer: This analysis is provided for informational purposes only and should not be construed as financial advice. Trading involves risk, and you should perform your own research or consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
OANDA:XAUUSD
by ramkkyy
XAUUSD bearish breakdownThis chart displays the 1-hour timeframe for Gold Spot against the U.S. Dollar (XAU/USD). The price action shows a potential breakdown of a key ascending trendline, indicating a bearish bias. Key features include: 1. **Key Resistance Zone:** Around $2,665–$2,675, which rejected the recent bullish attempt. 2. **Trendline Breakdown:** The price appears to have broken below the trendline, signaling a potential downward move. 3. **Bearish Target Zones:** Highlighted below $2,640, with a projection for further declines towards the $2,620–$2,600 range. 4. **Bearish Continuation Pattern:** The dashed path suggests a retest of the breakdown area before continuing lower. The chart suggests traders should watch for confirmations of bearish momentum or potential rejection near resistance levels before further declines.
OANDA:XAUUSDShort
by harshkjogadia
GOLD ANALYSIS 2ND DECAnalysis on Gold’s 30-Minute Time Frame In the 30-minute time frame for gold, we observe a few critical confluences shaping the price action: 1. Trendline Confluence: A visible trendline provides our first area of interest, indicating potential support or resistance. 2. Demand Zone and Traps: Price is expected to move into the demand zone, likely trapping buyers within this zone before filling the Fair Value Gap (FVG). This behavior aligns with the typical structure of price action in such setups. Key Observations: • The overall momentum suggests upside continuation, as we notice: • A break of structure without a breach of significant lows. • Price action consistently breaking structures, retracing to demand zones, trapping buyers, and then continuing upward. • In the current scenario: • Price rejected from supply, broke local lows, and is heading toward the demand zone. • Upon reaching the demand zone, we anticipate: • A spike to attract buyers. • A stop-loss hunt, trapping the demand buyers. • Filling of the FVG before resuming upward momentum.
OANDA:XAUUSDLong
by priceactiongold1
Gold--> Trade inside from channel boundaryHi guys, Gold prices inched slightly higher to $2,650 following a breakout, spurred by political headlines, but the broader fundamental landscape remains clouded with uncertainty. Market liquidity is notably thin today due to the Thanksgiving holiday in the United States, leaving the market ripe for sudden volatility. Geopolitical tensions continue to play a pivotal role, with the ongoing Russia-Ukraine conflict maintaining a strong grip on sentiment. Adding fuel to the fire, U.S. President-elect Donald Trump’s proposed tariffs on Canada and Mexico are creating ripples across the market. “This has amplified concerns about potential fallout for these two nations, which in turn provides a key layer of support for gold,” analysts highlight. However, any push to elevate gold prices could face significant headwinds. Trump’s tariff policies, while unsettling, are seen as potential inflationary catalysts, which might force the Federal Reserve to rethink its trajectory of interest rate cuts. This tug-of-war keeps gold traders on edge. From a technical lens, gold is caught in a sideways grind. Traders are eyeing a local H1 channel between $2,660 - $2,618, with the broader D1 range extending from $2,690 (or $2,710) - $2,605. At this juncture, gold seems to be gravitating toward liquidity clusters above current levels. A potential false breakout at key resistance zones, followed by price consolidation in sell-heavy areas, could spell a sharp pullback toward the lower boundary of the sideways range. For savvy traders, this moment is not just about watching the charts but anticipating the narrative. A delicate interplay of technical setups and geopolitical uncertainties makes every move in the gold market an opportunity wrapped in risk. Will gold reclaim higher ground, or will it succumb to the gravitational pull of its range-bound rhythm? The answer lies just beyond the next breakout—or breakdown.
OANDA:XAUUSDShort
by Bo-Samson
Gold: Turning Point at $2,650, Recovery or Bearish?On the 1-hour chart of gold, we are witnessing a crucial point as the price is trading close to the 34 EMA and 89 EMA, both of which are forming an area of ​​technical support around $2,650/ounce. The convergence of these two EMAs, combined with the current price, provides an indication that the market may be in a decisive phase. Technically, if the gold price holds and starts to recover above this support level, it will confirm stability and the potential for a short-term rally, towards the next resistance level. Conversely, a clear and sustained break below $2,650 could open a new bearish trend, sending the price further down, testing lower support levels. Based on the current moves and market structure, my personal view is that gold prices are likely to see short-term stability above the EMAs, setting the stage for a mild recovery.
OANDA:XAUUSD
by Maria_aaa
Gift nifty levels in chart read description to take tradesDisclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (SL 27.2% )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2 %) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6 %) Target 5- ( T5 : 100 %) Target 6- (T6 : 123.6 %) Target 7- (T7 : 138.2 %) Target 8-  (T8 : 150 %) Target 9-  (T9 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hit
NSEIX:NIFTY1!
by JaiPrakashShuklaHarmonicTrader
Natural gas positional levels read description to take trades Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (SL 27.2% )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2 %) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6 %) Target 5- ( T5 : 100 %) Target 6- (T6 : 123.6 %) Target 7- (T7 : 138.2 %) Target 8-  (T8 : 150 %) Target 9-  (T9 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hit
MCX:NATURALGAS1!
by JaiPrakashShuklaHarmonicTrader
Copper positional levels read description to take trades Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (SL 27.2% )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2 %) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6 %) Target 5- ( T5 : 100 %) Target 6- (T6 : 123.6 %) Target 7- (T7 : 138.2 %) Target 8-  (T8 : 150 %) Target 9-  (T9 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hit.
MCX:COPPER1!
by JaiPrakashShuklaHarmonicTrader
Gold levels making flag ,read description to take tradesDisclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (SL 27.2% )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2 %) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6 %) Target 5- ( T5 : 100 %) Target 6- (T6 : 123.6 %) Target 7- (T7 : 138.2 %) Target 8-  (T8 : 150 %) Target 9-  (T9 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hit
OANDA:XAUUSD
by JaiPrakashShuklaHarmonicTrader
Gold positional levels , read description to take tradesDisclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (SL 27.2% )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2 %) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6 %) Target 5- ( T5 : 100 %) Target 6- (T6 : 123.6 %) Target 7- (T7 : 138.2 %) Target 8-  (T8 : 150 %) Target 9-  (T9 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hit
MCX:GOLD1!
by JaiPrakashShuklaHarmonicTrader