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 operation strategy: short selling on rebound is the generalFrom the 4-hour analysis, the upper resistance is around 2625-30. The intraday rebound relies on this position to continue to be short and follow the trend to fall. The lower target is still concerned about breaking the bottom. The short-term long and short strength watershed is 2640. The daily level is under pressure below this position and continues to maintain the main short rhythm of the rebound. The long position against the trend will not participate. Gold operation strategy: 1. Gold rebounds to 2625-2632 line short, stop loss 2637, target 2605-2600 line;
OANDA:XAUUSD
by SPPOK1
1
XAUUSD Revision Thursday 19 December 2024Hello Nation! I had to wait for FOMC to conclude before doing this update. Let’s start with Gold opening at 2646 area. Price went straight bullish to the highest SBR level which was created by yesterday’s candles. From there we can follow that price have a bearish reaction which ended up moving Sideways bouncing to top and bottom of the m15 for many hours. While price doing so, i can also see my favourite setup developing which i marked with the m15 box. With price showing rejection from that box. That is a hint for me that sell entry was possible. I mark the sell position with a risk of 30 Pips SL and TP of 100 Pips. Usually i will go down to lower timeframe like the m5 or m1 to precise my entry. But for these daily updates, i will stick with m15. I have another SBR Zone at 2637 / 2638 area. But, as my m15 SBR was clear for entry. Time was too close to FOMC. Congratulations to those who manage to catch that sell entry. I chose to sit tight and just watch how Gold reacts to the news . Conclusion for today, It was another sellers day. Hours of consolidation during London Session and we are ending the day with an estimate of 200 pips drop due to FOMC. I am just sharing what i see. I am just taking notes for my own setups and maybe i can improve to be a better trader. Thank you for reading and Goodbye!
OANDA:XAUUSD
by Mann20pips
2
XAUUSD AnalystOANDA:XAUUSD The chart below shows the price movement of gold (XAUUSD) on the 30-minute time frame with support and resistance lines, as well as entry areas (buy and sell), along with stop loss and take profit levels. SELL Sell Entry: 2645 Stop Loss (SL): 2651 Take Profit (TP): 2620 BUY Buy Entry: 2615 Stop Loss (SL): 2605 Take Profit (TP): 2640 Trend Analysis Main Trend: The price tends to move in a pattern of higher highs and lower lows, but there has been a significant correction after reaching the peak at the highest level. Current Range: The price is currently moving downward after experiencing rejection around the 2726 level. Key Support: Around 2613 (last low). Key Resistance: Around 2670 (last high before the drop). Aa Bandung
OANDA:XAUUSDLong
by wisnuprima
1
GOLD → False breakout of resistance. Is a correction coming?FX:XAUUSD on the background of CPI on Thursday passes into a rally and realization of consolidation. The price is testing the resistance of 2721 and forms a false breakout. Traders in anticipation of PPI After the release of CPI, there is a 90% chance that the Fed will cut rates by 0.25% next week. Gold hit a two-week high due to the Middle East, optimism over China's economic stimulus, CPI news. PPI and weekly jobless claims data also remain in focus, which could provide new hints on further Fed policy easing and the direction of the US dollar ahead of next week's Fed meeting. Sentiment around the Fed and risk trends will continue to play a decisive role in gold price dynamics. Technically, the price is in a global wide flat. A false breakdown of resistance is forming and a correction may form. Resistance levels: 2721 Support levels: 2700, 2682 The retest did not allow the bulls to pass through the resistance. In the near future the price may test the nearest support and form a bullish correction from which further growth or fall will be initiated. We should also take into account today's news Regards R. Linda!
FX:XAUUSDShort
by RLinda
11
Gold --> Bear Market Intensifies, Key Resistance LoomsHello, dear friends! This is Ben. Gold prices rose after a false breakout at 2,650. Fundamentally, the situation remains complex, and technically... The metal's price is being influenced by geopolitical tensions, weaker U.S. bond yields, and a softer USD, which supports the safe-haven appeal of XAU/USD. However, bets on a less dovish Fed warrant caution for bullish markets ahead of this week's FOMC meeting. Theoretically, additional gold price gains could be limited by concerns about China's economy after its industrial production posted a modest rise in November, while retail sales disappointed. Widening gold discounts in India amid subdued wedding season demand due to higher prices may also act as a drag on the metal. China and India remain the largest gold consumers globally. Looking ahead, U.S. PMI data also warrants attention for fresh insights into the Fed's rate trajectory next year, which could heavily influence gold prices—given gold's sensitivity to the USD. From a technical perspective, gold is attempting to break out of a major range, testing critical support. Since the opening of the session, the price has increased quite strongly, which increases the possibility of resistance to stop this increase. If there is a false breakout around the 2,655 level, a minor correction toward resistance could form. However, with prices testing strong support, we may witness a false breakout followed by a corrective move to the 2,660–2,675 region (0.618 Fib retracement) before resuming the downtrend. Rate, share your opinion and questions, let's discuss what's going on with.
OANDA:XAUUSDShort
by Bentradegold
2
GOLD // Trap for the Bulls&BearsThe market is mixed on the weekly, long on the daily, be below the last (or highest) clean daily breakdown. The H4 is not in sync with the daily, and the market is between a breakout and a breakdown. THIS MAKES IT A TRAP FOR BOTH BUYERS AND SELLERS. I'll stay away from it. ——— We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds. Stay grounded, stay present. 🏄🏼‍♂️ Your comments and support are appreciated! 👊🏼
OANDA:XAUUSD
by TheMarketFlow
2
Gold ahead of Fed Rate decisionFundamental analysis: My earlier Selling signal was confirmed on Hourly 4 chart under prolonged weakness and Price-action respecting the trendline guarding the downtrend (very Bearish formation) as Hourly 1 chart is already an aggressive Descending Channel (width opened on Williams) that should reach it’s next Lower High’s (currently Trading slightly below Triple Top's formation) and Oversold state near my take Profit of #2,627.80 Support in extension. If the bands are widened Traders may witness #2,622.80 pivot point test on the correction back down after current upside extension but not Lower. In any case I will update my Targets or levels of Profit taking if I decide to exit earlier than #2,622.80 Support in extension to be in accordance with the Daily chart’s period. My position: #2,648.80 was excellent re-Sell point and regarding Fed Rate decision, I expect Rate to be Lowered and hawkish stance on the aftermath which can make Gold suffer even more.
OANDA:XAUUSDShort
by goldenBear88
1
FED RATE-CUT / WEEKLY PLAN 16-20 DEC, 2024World situation: Although gold posted some losses, it remains up nearly 1% for the week, supported by a mix of US economic data. While inflation figures were varied, the latest Initial Jobless Claims report strengthened investor confidence in a December rate cut by the Federal Reserve. Attention now shifts to the Fed’s December 17-18 policy meeting, with traders pricing in a 93% likelihood of a 25 basis point cut, according to CBOT data. Following the announcement, all eyes will be on Fed Chair Jerome Powell’s press conference for insights into the policy direction for 2025. 🔥 Identify: H4 is seeing price close to the bullish trendline - which will be validating the last rate cut of year. There will be some upside but it will still be difficult to break above the 2723 price zone 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, Pips & Profit identifies the important key areas as follows: Resistance: $2678, $2723 Support : $2613, $2590, $2535 Let's support "Pips & Profit" by LIKE AND COMMENT TRADINGVIEW. Thank you very much everyone 💙
OANDA:XAUUSD
by PIPS_n_PROFIT
2
XAUUSD Revision Wednesday, 18 December 2024Hello Nation! This is my first post. My intention here is just spend some time to look back at what Gold did today. I will try very best to do this repeated daily. Firstly, i am scalper. I trade using SNR and breakouts method. I would also plan my trades from higher timeframes. But this ‘Revision’ I will just focus on H1 and M15. I am just be sharing my views on what had happened and how i could have navigated the markets with my entries. Let’s start from the market open at 2651. Price went bullish touching the H1 SBR area. It respected that area and pushes down towards the H1 Support. A Strong Bullish reaction from the H1 support, Price return to M15 Box area which i had marked. For me, A rejection from the m15 box is a hint for sell. Usually M1, will be my entry Timeframe. But as i had mentioned, i will only focus on H1 and M15 here. I had marked my 1st sell Position. Risk 30 Pips, TP 100 Pips. Moving down further, the previous H1 support was broken and it became a possible Resistance. Again, I marked the m15 SBR with a box. Wait for price to return into the box area. Similarly like the Previous Sell entry, several rejections can be spotted which can be a strong hint for a sell entry. I had mark the 2nd Sell Position for you to see clearly. Risk 30 PiPs and TP 100 Pips. To conclude, Gold was a beautiful Sell today. I hope you did well for yourself today. Maybe in writing these notes, i get to revise and also improve myself as a trader. Thank you for reading! And Goodbye.
OANDA:XAUUSD
by Mann20pips
2