XAUUSD ONE DAY CHART Hello Traders and investor
Xauusd can go buy 2690
It's support will be 2640
Current price 2652
It's 1st target will be 2668
I have placed in the remaining targets in the chart
XAUUSD trade ideas
GOLD What Next? BUY!
My dear subscribers,
GOLD looks like it will make a good move, and here are the details:
The market is trading on 2603.3 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2632.7
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
Forecasting gold priceForecasting gold prices is a complex task, as it's influenced by a multitude of factors. Here's a breakdown of the key elements and some current forecasts:
Factors Influencing Gold Prices:
US Dollar: Gold is often priced in US dollars, so its value tends to move inversely to the dollar's strength. A stronger dollar makes gold more expensive for holders of other currencies, potentially dampening demand.
Interest Rates: Rising interest rates can make holding gold less attractive, as it doesn't offer a yield like bonds or other interest-bearing assets.
Inflation: Gold is often seen as a hedge against inflation. When inflation rises, investors may turn to gold to preserve their purchasing power.
Geopolitical Uncertainty: Economic or political instability, such as wars or financial crises, can increase demand for gold as a safe haven asset.
Supply and Demand: Physical demand for gold, including jewelry, industrial uses, and central bank purchases, also plays a role in price fluctuations.
Current Forecasts:
Trading Economics: Their global macro models and analysts expect gold to trade at $2,682.04 USD/t oz. by the end of the current quarter and $2,783.76 in 12 months.
FXEmpire: They highlight that the US dollar's strength and the Federal Reserve's monetary policy are key factors currently limiting gold's upward momentum. They are closely watching the US PCE Price Index for inflation insights, which could significantly impact gold prices.
Other Analysts: Some analysts suggest that geopolitical tensions and concerns over a potential US government shutdown could boost gold's safe-haven appeal. However, strong economic data could reinforce the Fed's policy stance and limit gold's upside.
Important Considerations:
Forecasts are not guarantees: These are just predictions based on current information and models. Unexpected events can significantly impact gold prices.
Multiple factors at play: It's crucial to consider the interplay of various factors, rather than focusing on any single element.
Stay updated: Keep an eye on economic data releases, central bank announcements, and geopolitical developments to stay informed about potential influences on gold prices.
In conclusion, the outlook for gold is mixed, with both upward and downward pressures at play. The US dollar's strength and the Fed's monetary policy are key factors to watch, along with inflation data and geopolitical events. It's essential to stay informed and consider multiple perspectives when making any investment decisions related to gold.
Trading minute impulseOn the minute timeframe of XAUUSD at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.
XAUUSD SELLGold As Some keys Guys.
Key Levels
Resistance Zone 2600
Support zone 2560
Use It Guys Confirm Target
GOLD UPDATES A meaningful patience for Longs, I bet you getting in before the zone. Lets get in the trade at this price level. 2613.
Sl at your own risk.
See the targets above. atleast 2.31 fibs or 2900$ per ounce of GOLD.
This is only view. This is not a financial advice either.
Trade with caution. trade with stoploss. Follow for more Longterm/Swing trades.
As the FED says -0.25%. we see a higher GOLD prices before year end or starting of the Year 2025.
Gold Trade1. Bearish trend
2. Dollar strong due to interest rate increase
3. Trend continuation
4. No divergence
GOLD NEXT MOVEHello Guys AS We Can See MArket Running in down Trend So We Can Take Sell Position From 2622/2627 And Set Target to 2645 As Shown In in Chart Must Follow ME For More Updates
BUY OPPORTUNITYInstrument: XAU/USD
Entry Price: 2591.01 $
Stop Loss (SL): 2580.45 $
Take Profit (TP): 2632.80 $
Risk-to-Reward Ratio: 1:4
Federal Funds Rate: The previous volatility caused by the Federal Reserve's rate decision may have resulted in a market reaction that could continue today. Price moves could be sensitive to news and market sentiment, especially given the current high volatility.
Unemployment Claims: The Unemployment Claims news today could also cause short-term fluctuations in XAU/USD. If the news is unexpected or deviates from predictions, it could trigger price movements. Monitoring the news release is crucial.
Supply Zone at 2633: The heavy supply zone near 2633 means the market is likely to face resistance around this price. You expect the price to reach just below the supply zone at 2632.80 before potentially reversing or facing resistance. This gives you a limited but realistic TP near this zone.
Expecting huge moves today, Interest rate decision Price might go up first and then drop down to go up further again
Interest rate decision is going to create this big move
Gold / down trendThere was a nice LQ sweep from a swing high. Currently, an N3 is being built.
On the 1 and 4-hour chart, the trend has turned bearish.
There is potential for the price to move down to the recent swing low.
In the meantime, there should be reactions at the marked key price levels.
Xauusd Gold is showing me a bearish indication, my analysis are based on technicals so Am looking to shorts on xauusd
XAUUSDoverall, it seems gold is reversing temporarily from here. I am entering for a tp2 at this point after a v-formation and pull back in 5min time frame
Gold trading opportunities : 17-Dec-2024Unlock Gold trading opportunities with our daily zones. Learn to identify potential entry points.
XAU Gold 4H TradeFriends, the first trade on gold begins. I’m taking a long position on gold with a 4-hour timeframe, which I believe will show results in the next three to four days. There will be daily updates added to the analysis based on 30-minute intervals, so it’s a good idea to follow me to also see trades on lower timeframes.
For this trade, I’ve hypothetically invested $500 with 20x leverage. You can adjust these amounts based on your own strategies and techniques. The main goal is to identify trends in gold across various timeframes and share insights.
If you have any thoughts or suggestions, I’d be happy to hear them in the comments.
Thank you!
Gold is indeed showing a bullish trend, Gold is indeed showing a short-term bullish trend, supported by both technical and macroeconomic factors. Here’s an overview:
Current Market Dynamics
1. Price Levels:
Gold is trading around $2,658 per ounce, near its recent highs. This sustained price indicates strong market demand.
2. Technical Indicators:
Support Levels: Gold has held above key support at $2,650, reinforcing bullish momentum.
Resistance Levels: If this trend continues, gold is likely to test resistance around $2,700 and move higher.
3. Market Drivers:
A weaker U.S. dollar and ongoing geopolitical uncertainties are key factors driving gold’s demand as a safe-haven asset.
Central banks' continued gold purchases are providing strong underlying support.
Short-Term Projections
If the bullish trend persists, analysts project:
A move toward $2,700–$2,800 in the coming weeks.
Potential new highs if macroeconomic conditions remain favorable.
Key Risks
A break below $2,650 could lead to a pullback.
External factors, such as Federal Reserve policy announcements, may influence short-term volatility.
In summary, gold’s short-term outlook remains positive, with strong indicators pointing toward further gains. However, traders should watch for potential reversals if key support levels are breached. CAPITALCOM:GOLD
XAUUSD Short Trade SetupPrice made an impulsive break below 2675. If we can get a corrective retracement towards 2685 area, we may have a potential sell trade opportunity against the invalidation level at 2727 high.
Gold let's make some in this correctionTook this trade I missed my entry at 46, so I entered at 50.5. same strategy after 60-70 pips running profit partial book and SL will be at BE
Daily live trade with XAUUSD in 15m/30m/1h 20241216Daily live trade with XAUUSD in 15m/30m/1h 20241216
xau/usd continuation sell of from $2,678Gold has been showing clear structure to the downside on the 1H. However, on the 4H time frames and above we didn't actually see price further BOS to the downside buy rather it pushed back up the 8H imbalance to create EQH liquidity. This makes me wonder whether or not we will see a last push up from Gold before price then makes it way further down.
However, this week we can be sure to catch some sells on gold as we see a lot of bearish indication on the lower time frames. I am expecting for price to open and consolidate before it takes the ASH and potentially fails the 30min supply zones i have before reacting from the 6H supply. It is also possible that price may want to fill the 6h Imbalance above and actually react from the 4H supply instead.
If price truly wishes to respect these Asian highs and simply further react without having a significant retracement then I can potentially expect price to react from these lower time frame 30min supply order blocks.
XUAUSDXAU/USD, commonly referred to as gold against the U.S. dollar, is a key instrument in the financial markets that reflects the price of gold in terms of the dollar. It serves as a critical barometer of global economic health and investor sentiment, often acting as a safe haven during periods of market volatility or economic uncertainty. Gold’s price is influenced by factors such as interest rates, inflation, geopolitical events, and movements in the U.S. dollar, which typically has an inverse relationship with gold. XAU/USD is a favorite among traders seeking to hedge against risks or capitalize on market trends.
