Get started
CFDs on Gold (US$ / OZ)CFDs on Gold (US$ / OZ)CFDs on Gold (US$ / OZ)

CFDs on Gold (US$ / OZ)

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals

GOLD trade ideas

Gold taking a breakAfter PPI data gold is taking break and we have seen a good correction from the buy move : In previous posts I was expecting more strength before a pullback, but gold price faced big resistance at 2715-21 zone. Now if we draw the fib levels for this current correction that started form yesterday the zone 2700-06 is resistance area for bulls and bull need to claim this zone first to see higher levels and under this we can expect more decline. In lower side the previous day close (2680) is the level that we have to watch on Intra day. If price close H1 or H4 under this level then we can expect more decline in lower side. The first support is PDL (2675) and next support as per Fib is 2669 (50%) and 2656 (60% retracement Level). For Intra day we can watch these levels and can plan our trade accordingly and for Swing we have to wait for confirmation of possible low on weekly close (Or most probably in mid of next week).
OANDA:XAUUSDShort
by TheGoldenCircle
gold trading strategy for 13th december 2024Gold Trading Strategy Key Levels: Buy Above: 2693 Sell Below: 2670 Targets: Upside Target: 2705 Downside Target: 2655 Strategy Details: Buy Signal: Enter a buy position above the high of the candle that closes above 2693 on a one-hour time frame, aiming for an upside target of 2705. Sell Signal: Enter a sell position below the low of the candle that closes below 2670 on a one-hour time frame, aiming for a downside target of 2655. Disclaimer: This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
OANDA:XAUUSD
by ramkkyy
XAUUSD buy avoid recommended yesterday we booked 18 points profiDisclaimer - 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 23.6% )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 : 88.6%) Target 6- (T6 : 100 %) Target 7- (T7 : 127.2 %) Target 8-  (T8 : 141.4 %) Target 9-  (T9 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hit
OANDA:XAUUSDShort
by JaiPrakashShuklaHarmonicTrader
XAUUSD buy on dip until 2670 not break 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 23.6% )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 : 88.6%) Target 6- (T6 : 100 %) Target 7- (T7 : 127.2 %) Target 8-  (T8 : 141.4 %) 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 claimed 2720 level now time to make a HHAs discussed in last two days posts gold is now claiming the 2715-21 area and reversed the correction phase completely, after CPI gold printed a good bullish candle and the day closed Just under this zone , now a breakout on this zone can push the price towards next resistance area with high volume (area at 2738-55) and can make a pullback from there , on pullback we can plan buy as marked on chart. 2715-20 area is good resistance and we have seen good rejection from this level today in Asian opening session, and breakout from this area can provide opportunity on Intraday Buy scalping , and next level for Intra day sell in scalping is 2738. I am still watching and waiting for swing opportunity and expecting a swing buy in next week (around Dec. 17 to dec 20) till then scalping on Intra day levels is good.
OANDA:XAUUSDLong
by TheGoldenCircle
1
Gold Trading Strategy for 12th December 2024Gold Trading Strategy Key Levels: Buy Above: 2731 (on the high of the candle that closes above 2731 on a one-hour chart) Sell Below: 2705 (on the low of the candle that closes below 2705 on a one-hour chart) Support and Resistance: Support Levels: First Support: 2705 Second Support: 2680 Resistance Levels: First Resistance: 2731 Second Resistance: 2755 Strategy Details: Buy Signal: Enter a buy position above the high of the candle that closes above 2731 on a one-hour time frame. Sell Signal: Enter a sell position below the low of the candle that closes below 2705 on a one-hour time frame. Additional Tips: Monitoring: Keep a close watch on the one-hour chart for clear buy or sell signals. Risk Management: Always use a stop-loss to manage risk and protect your capital. Market Conditions: Stay updated on market news and events that could affect gold prices. Disclaimer: This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
OANDA:XAUUSD
by ramkkyy
Gold breakout from the ConsolidationGold price breakout from consolidation and now trying to move higher ,for the correction phase (2721 to 2606) price now successfully claimed the 50% pullback as per Fibonacci (2663) and now trading above this level , next major Fibonacci level is 60% pullback which is at 2677, if price claim this level on Higher TF (daily or H4) then price can extend this bullish rally towards psychological resistance at 2700, above 2700 we have the swing high at 2721 , so to reverse and to confirm the low in December bulls need to claim this level on HTF. For Intra day we can use these levels for buying or selling as plotted on chart , and for swing we have to wait for confirmation of cycle low or have to wait for breakout from 2715-21 , till then it's better to wait and watch for suitable entry. Personally I am without any entry as of now, will update you my position once I get confirmation as per current PA.
OANDA:XAUUSDLong
by TheGoldenCircle
Gold Trends Forecast December 11🤑Gold Trends Forecast December 11 ✔️ Gold continued its impressive upward momentum during yesterday’s session. This was fueled by investor optimism as China expanded its economic stimulus packages, while geopolitical risks in Syria remain despite opposition forces gaining control over some areas. Notably, there has been no news or economic data strong enough to weaken Gold's upward trend. ✔️ In my view, unless unexpected factors arise—such as controversial remarks from Trump or economic data that shakes the market—Gold is likely to continue its climb. Lower interest rates have made the opportunity cost of holding Gold more attractive, which is the primary reason for its rebound from the 2,5xx and 2,6xx levels. A deep downward reversal should only be considered if the Fed signals a return to interest rate hikes. ✔️ For tonight’s session, the CPI data will be the decisive factor. If inflation figures are favorable, Gold could break above 2,75x or experience a deep correction of 50–70 points. However, I lean toward the scenario of only a slight correction before continuing its rise, thanks to the current bullish sentiment. My personal strategy is to wait for a minor dip and then re-enter with these targets: Short-term: 2,700–2,705 Longer-term: 2,710–2,715 In the European session, if Gold holds the 2,6xx range or near 2,69x, a Buy strategy remains viable. Conversely, if prices fall below 2,68x and close below this level, I will reconsider the strategy. From mid-European sessions onward, if prices fail to break the 2,7xx range, I will exit Buy positions and switch to Sell, aiming for 5–10 points. 🟢 BUY 2688.x Sl 2683 Scalp 🟢 BUY 2676 - 2674 SL 2671 🔴 SELL 2620 - 2622 SL 2625 - D1 plan
OANDA:XAUUSDLong
by KevinNguyen-SimpleTrade
2