GoldXAUUSD ( Gold / U.S Dollar ) Falling Wedge as an Corrective Pattern in Short Time Frame Break of Structure Fibonacci Level - 78.60% Change of Characteristics Completed " 12345 " Impulsive Wavesby ForexDetective6
FOMC News Release Today Where Does Gold will MoveXAUUSD/GOLD According to the Gold Market will Fall more because of FOMC News Release in he Gold market so Market Condition is High In news time. If the FOMC Signals a more hawkish stance Continuing or increasing interest Rates it might lead to a strengthening of the US Dollar and the Pressure on the Gold prices as Higher interest rates tend to make gold less attractive Compared to other investment. Based on the Price of Gold will fall more Support 2610 to 2600 expecting the Bearish Trend in FOMC News. These are Structure Of FOMC News Reaction. You Can see more details in the details in the chart Plz support with like and comments for more insights Thanks Dear Traders.Shortby Sense_TradingUpdated 8
XAUUSD - 1H 3rd Bearish LegAfter breaking the bearish flag and completing a pullback, Gold can fall further. Targets are below $2640. Check the previous idea – spot on! Stick to this setup for the next leg down! 📉 OANDA:XAUUSD Shortby Sober_TradingUpdated 7
XAUUSD 1HIn continuation of my previous analysis, which you can view here , and was highly accurate, the market moved exactly as predicted. I’m with you on analyzing gold. The trend remains bearish, and I prefer to sell below 2673. The invalidation level for this analysis is a breakout and consolidation above 2692.5. Sequential targets along the way: 2640 2600 At 2600, I expect a temporary pullback within the bearish trend. This level could provide an opportunity for consolidation and reassessment before the trend continues. My time analysis indicates that the price will reach 2600 or experience a temporary pullback on Tuesday, December 24th, at 4:00 AM Sydney time, which corresponds to the New York market close on Monday. I’ll move step by step with the market toward these targets. Ultimately, the final goal is 2570. Stay with me as we explore where the market is headed and how we’ll reach these levels.Shortby GreyFX-NDS116
GOLD: Bullish Continuation & Long Trade GOLD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long GOLD Entry Point - 2619.7 Stop Loss - 2595.8 Take Profit - 2662.4 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals116
GOLD: Technical Trends and Fed Meeting Impact AheadGold remains relatively stable, hovering around $2,644 on Wednesday as I draft this article. This follows a rebound from a one-week low reached on Tuesday. The precious metal is currently under some pressure as investors anticipate the results of the final Federal Reserve meeting of the year. From a technical standpoint, gold has already tested a significant daily demand zone, subsequently retreating from a high of $2,720. Now, the metal appears poised for a potential bearish trend as the US dollar continues to gain strength. Retail traders are predominantly holding long positions, whereas commercial traders seem to be reducing their long exposure, which could suggest a shift in market sentiment. Looking ahead, the upcoming economic data from the US, including the Federal Open Market Committee (FOMC) meeting today and the unemployment claims report tomorrow, could provide further support to the dollar. If these reports indicate stronger economic conditions, it may exacerbate a bearish trend for gold prices. As the market assesses the Fed's policy direction and its implications for interest rates and the dollar, gold will likely remain on the defensive. Investors should monitor these developments closely, as they could significantly influence gold's price movements in the near term. The combination of potential dollar strength and a shift in positioning among traders adds to the likelihood of continued bearish pressure on gold. ✅ Please share your thoughts about GOLD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution. Shortby FOREXN1Updated 116
Daily live trade with XAUUSD in 15m/30m/1h 20241218Daily live trade with XAUUSD in 15m/30m/1h 20241218Longby tradermongolia6
Gold 1H Intra-Day Chart 18.12.2024Here is what I am looking for next; Option 1: Gold keeps dropping in its bear trend. Our target is $2,580. You can see the zig zag move Gold is creating. We saw a break below + retest so should continue now.Shortby BA_InvestmentsUpdated 5
Gold Analysis for Fast Scalping TradesThese levels are exclusively for reaction trading. Each marked zone is valid only if the market shows a reversal structure at those price levels. After identifying the reversal structure and analyzing the candles, we can enter a trade.by ARIO477
XAUUSD-SELLXAUUSD anticipation in 4H timeframe where we see clear Head and Shoulder clear sign that seller are still strong in the MarketShortby kelvin_2551110
XAUUSD GOLD Sell SideGo Through the This Analysis The Gold Price will Moved in Sell Side. Current Price will Moveing Between 2605 to 2607 if The Price will Breakout from There We see Price will High and Bearish Setp Traders. Resistance Zone 2610 Support Zone 2580/2570 You Can See More Details in the Chart PS Support with like and Comments for more Insights.Shortby Sense_TradingUpdated 6
Buy gold, there is still a chance to rebound to 2640Bros, gold has fallen sharply due to the hawkish rate cut, and the lowest has reached around 2584, and then rebounded; just now, gold touched around 2687 during the second decline, and then rebounded to above 2690, showing signs of building a W double bottom in the structure. Although the rebound of gold is relatively weak, the downward space is gradually converging. I was optimistic that gold would continue to fall to around 2670, but at present, since gold has signs of forming a W double bottom structure, after consuming a certain amount of short energy, once the W double bottom structure is successfully built, gold may still rebound to 2640 again. So in trading, I think it is best not to continue to chase short gold in short-term trading. We can go long on gold with the 2590-2580 area as the support area, and the defense position is 2570. So in short-term trading, I am currently more inclined to go long on gold. Bros, are you as optimistic about the gold rebound as I am? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!Longby Trader_MarvinUpdated 8
#xauusd #elliottwave long buy setup wave 5 of 5 20Dec24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.Longby alibadshah887
XAUUSD SELLHi Traders what are you Thinking About GOLD The Price Moves in Sell Side Resistance Zone 2610/15 Support Zone 2580/90 Lets Like and Comments for more Ideas.Shortby majestic_Gold_TradersUpdated 6
GOLD Bearish Breakout! Selll! Hello,Traders! GOLD is trading in a Downtrend and the price Made a bearish breakout A retest and pullback From the key level of 2620$ So we are bearish biased And we will be expecting A further bearish move down Sell! Comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals116
Short idea for gold from 2602 to daily lowLet's see how this plays out.. market is bit confusing to me at the moment but looking for a small entryShortby dare_trader5
#XAUUSD 1HXAUUSD Based on the 1-hour analysis, I am observing the resistance zone around 2660.00 and 2665.00 for potential selling opportunities. Target levels: 2655.00, 2640.00, 2625.00, 2614.00, and 2605.00. Key pattern: Bearish engulfing near the resistance area. Important note: Avoid placing any pending orders at this time. Wait for strong bearish confirmation signals before entering a trade. If the price successfully closes above 2672.00, it is recommended to avoid taking sell positions.Shortby PIPSFIGHTER8
GOLDEN INFORMATION / GOLD UPDATE / WEEKLY CLOSING / FED UPDATETRADINGVIEW: plan day 12/20/2024 (Friday) ⭐️GOLDEN INFORMATION: Thursday's US economic data revealed a decline in unemployment claims, while the final Q3 GDP report from the Bureau of Economic Analysis confirmed 3.1% year-over-year growth. Despite these figures, market attention remains focused on projections for 2025. The Federal Reserve (Fed), led by Chair Jerome Powell, reduced interest rates by 25 basis points, though the decision was not unanimous, with Cleveland Fed's Beth Hammack dissenting in favor of maintaining current rates. Fed officials have also shifted focus to inflation, as reflected in the dot plot. Their projections indicate two 25-basis-point rate cuts in 2025 and another two in 2026. ⭐️Personal comments PIPS & PROFIT: Strong Bearish Trend - Pressure on Market Maintains Around 2600 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2626 - $2628 SL $2633 TP1: $2620 TP2: $2610 TP3: $2600 🔥BUY GOLD zone: $2576 - $2574 SL $2569 TP1: $2582 TP2: $2590 TP3: $2600 Let support Pips & Profit by LIKE AND COMMENT TRADINGVIEW. Thank you very much everyone 🌸🌸🌸Shortby PIPS_n_PROFIT6
GOLD FURTHER SELL OFF?! (UPDATE)Gold buyers are looking very weak towards the bottom part of this 'Flat Correction' channel. We've already seen a melt off of 950 PIPS since we got a Wave 2 rejection at $2,725. This impulse move would count as 'Minor Wave 1' of the 'Major Wave 3' downwards trend. Any consolidation we see will be 'Minor Wave 2' correction. YOU WANT TO ENTER SELL POSITIONS on these wave 2 corrections, if you haven't already!Shortby BA_Investments6
XAUUSD 4h AnalysisAccording to my previous analysis, based on Ichimoku, the gold trend is still bullish. I see the possibility of a return to higher levels and a retest of the 2760 zone. If this level is broken, it can also reach the 2790 level. If the price doesn't break through the resistance, we expect it to reach 2611-2640 price range. We will check the ichimoku and data at these levels. As usual we trade at all important levels. And you can follow the free signals in TG.by SalimiFinanceeUpdated 1515106
Geopolitical tensions will lead to gold strengtheningGold is trading in an ascending channel drawn by the Andrews fork. The support level of $2,646 acts as a critical point, and if it holds, there is a possibility of a rise to the resistance level of $2,702. Technical and fundamental analysis 1- Technical analysis: The price is close to the lower Bollinger band and is likely to return to higher levels. 2- Geopolitical tensions: Increased tensions in the Middle East have increased demand for gold. 3- Weakness of the dollar: The decline in the dollar index and possible Federal Reserve policies have worked in favor of gold. Conclusion Holding the $2,646 level is essential for the bullish trend to continue, and any increase in geopolitical tensions could push the price towards $2,702.Longby arongroups12
Weekly close / recapitulationTechnical analysis: Hourly 4 chart is delivering more clearer structure in times of violent market Volatility and drawdown on Stock markets such as January fractal, and that showcases that the Price-action is Trading on the #4th straight capital candle within the Neutral Rectangle on Hourly 4 chart. As long as the Daily chart’s #MA50 holds and adds durability, current Selling sentiment should be extended towards the #2,652.80 benchmark Support extension and if invalidated, a Lower High’s Lower zone should be tested near #2,627.80 in succession. The Daily chart aswell continues to Trade near healthy Selling levels and the market is just waiting for the Neutral Rectangle to break which may kick-start the aggressive takedown on Gold. I was ready to Sell Gold on spot ahead of the #2,700.80 benchmark break (as I announced the break-out itself should open flood doors towards #2,652.80 benchmark) however I was Highly satisfied with my Profit range / returns for the week and I don't mind I missed Selling sequence. DX invalidated the Short-term Support, and is dangerously approaching #106.500 Medium-term Resistance zone, so that development alone should ease Buying pressure on Gold. My position: I am comfortably on sidelines with my capital ready for fresh next week's candles to Profit upon. Weekly closing is on main stage and keep #2,652.80 as your main pointer for both Short and Medium-term. Have a pleasant weekend ahead!Shortby goldenBear8815
Weekly close / recapitulationTechnical analysis: Hourly 4 chart is delivering more clearer structure in times of violent market Volatility and drawdown on Stock markets such as January fractal, and that showcases that the Price-action is Trading on the #4th straight capital candle within the Neutral Rectangle on Hourly 4 chart. As long as the Daily chart’s #MA50 holds and adds durability, current Selling sentiment should be extended towards the #2,652.80 benchmark Support extension and if invalidated, a Lower High’s Lower zone should be tested near #2,627.80 in succession. The Daily chart aswell continues to Trade near healthy Selling levels and the market is just waiting for the Neutral Rectangle to break which may kick-start the aggressive takedown on Gold. I was ready to Sell Gold on spot ahead of the #2,700.80 benchmark break (as I announced the break-out itself should open flood doors towards #2,652.80 benchmark) however I was Highly satisfied with my Profit range / returns for the week and I don't mind I missed Selling sequence. DX invalidated the Short-term Support, and is dangerously approaching #106.500 Medium-term Resistance zone, so that development alone should ease Buying pressure on Gold. My position: I am comfortably on sidelines with my capital ready for fresh next week's candles to Profit upon. Weekly closing is on main stage and keep #2,652.80 as your main pointer for both Short and Medium-term. Have a pleasant weekend ahead!Shortby goldenBear8813