Goldprice
GOLDGold still have short term upside towards 2970s level and then we can see some reaction towards downside.
GOLD SHORT | SELL THEORY [24/02-01/03]From what I’m seeing price is seemingly fatigued. There was a credible break on the 4H chart though - which is low-key worrying, HOWEVER on the daily chart? Sweeps on sweeps - which to me certify that price will be seeking a reversal of some sort at some point.
Once one of the printed lows gets violated by price (as drawn on the chart - with a candlestick) the sell will be confirmed.
I had a potential trade with actually played out nicely but I didn’t enter it, which I’m cool about as I wasn’t sure.
I won’t be trading Gold until I actually get confirmation.
Gold (XAU/USD) Approaching Key Resistance – Breakout or PullbackGold sets a new high of $2,936! Discover a purchase opportunity at the 0.618 Fibonacci retracement level and breaker block for potential momentum.
This chart represents a technical analysis of XAU/USD (Gold vs. US Dollar) on a daily timeframe using Fibonacci retracement and extension levels. Here's a breakdown of the possible market trend:
Key Observations:
Current Price: ~2,936.26 USD
Fibonacci Levels:
1.618 Extension: ~2,950.07 (Potential Resistance)
1.414 Extension: ~2,898.07
0.618 Retracement: ~2,695.15 (Potential Support)
0.5 Retracement: ~2,665.07
0.382 Retracement: ~2,634.99
Trend Structure:
The price has been in a strong uptrend since late 2024.
The next key resistance appears near 2,950 (1.618 Fibonacci extension).
A possible correction may occur around 2,950, leading to a retracement before further upside.
Possible Trading Ideas:
Bullish Scenario:
If the price breaks above 2,950, the next leg higher could extend towards 3,000+ USD.
Buyers may enter on a pullback around the 0.618 Fibonacci retracement (~2,695) before another bullish move.
Bearish Scenario (Correction Phase):
A rejection from 2,950 could lead to a retracement to the 2,700–2,665 zone.
A deeper correction may test the 2,537 support area.
Gold XAUUSD Intra-day Move 21.02.2025Gold (XAU/USD) 30-Minute Chart - Intraday Trading Analysis & Signal
📊 Market Structure & Key Levels:
Uptrend in Play: Gold has been respecting an ascending trendline since $2,880, indicating continued bullish sentiment.
Current Support Zone: $2,923 - $2,925, aligning with multiple trendlines and horizontal support.
Resistance Levels to Watch:
$2,950 - $2,955 (first resistance zone)
$2,970 - $2,975 (major resistance and target)
Breakdown Scenario: If gold fails to hold $2,923, we could see a drop toward $2,905 - $2,898.
📈 Intraday Trading Signal for XAU/USD:
✅ Buy Entry: $2,923 - $2,925 (If price holds this support zone and shows bullish reaction)
🎯 Take Profit (TP1): $2,950
🎯 Take Profit (TP2): $2,970
🛑 Stop Loss (SL): Below $2,915
📌 Alternative Scenario (Sell Setup)
❌ Sell Entry: Below $2,922 (If price breaks below support and trendline)
🎯 Take Profit (TP1): $2,905
🎯 Take Profit (TP2): $2,898
🛑 Stop Loss (SL): Above $2,935
🕵 Confirmation Checklist Before Entering Trade:
✅ Bullish Rejection from $2,923 - $2,925 for Buy
✅ Bearish Breakdown Below $2,922 for Sell
✅ Volume Surge in Direction of Trade
✅ DXY (Dollar Index) Weakness for Bullish Gold
⚠ Risk Management & Trade Tips:
Move SL to breakeven after TP1 is hit.
If price closes below $2,922, invalidate buy trade and switch to short setup.
Monitor news events impacting USD for volatility.
🚀 Trade with discipline, and let the market confirm the move! 🔥
FOLLOW, COMMENT AND LIKE.
Could One Event Propel Gold to $6,000?Gold has long been a refuge in times of crisis, but could it be on the brink of an unprecedented surge? Analysts now predict the precious metal could reach $6,000 per ounce, driven by a potent mix of geopolitical instability, macroeconomic shifts, and strategic accumulation by central banks. The prospect of a Chinese invasion of Taiwan, a major global flashpoint, could be the catalyst that reshapes the financial landscape, sending investors scrambling for safe-haven assets.
The looming threat of conflict in Taiwan presents an unparalleled risk to global supply chains, particularly in semiconductor production. A disruption in this critical sector could spark widespread economic turmoil, fueling inflationary pressures and eroding confidence in fiat currencies. As nations brace for potential upheaval, central banks and investors are increasingly turning to gold, reinforcing its role as a geopolitical hedge. Meanwhile, de-dollarization efforts by BRICS nations further elevate gold’s strategic importance, intensifying its upward trajectory.
Beyond geopolitical risks, macroeconomic forces add momentum to gold’s ascent. The U.S. Federal Reserve’s anticipated rate cuts, persistent inflation, and record national debt levels all contribute to a weakening dollar. This, in turn, makes gold more attractive to global buyers, accelerating demand. At the same time, the psychological factor—fear-driven safe-haven buying and speculative enthusiasm—creates a self-reinforcing cycle, pushing prices ever higher.
Despite counterforces such as potential Fed policy shifts or a temporary easing of geopolitical tensions, the weight of uncertainty appears overwhelming. The convergence of economic instability, shifting power dynamics, and investor sentiment suggest that gold’s march toward $6,000 is less a speculative fantasy and more an inevitable financial reality. As the world teeters on the edge of historic change, gold may well be the ultimate safeguard in an era of global upheaval.
Gold 30m TFGold is showing strong bullish momentum right now. It’s currently experiencing a pullback, but I expect it to rebound at my key level of interest and continue its upward trend, potentially reaching $3000 within the next month.
Gold trading zones: 21-Feb-2025Daily Gold trading zones: Identifying potential opportunities for informed traders.
Gold price analysis February 21⭐️Fundamental Analysis
Gold prices fell as investors booked profits ahead of the release of key US economic data, including PMI and PCE inflation.
The Fed minutes did not change expectations for two rate cuts this year, but maintained a cautious stance. If the economy is strong and inflation is high, the Fed may not be in a hurry to ease policy.
Gold prices may fluctuate in the short term following economic data, but are still supported by concerns about Trump's tax policies and Russia-Ukraine tensions.
Despite the correction, gold remains a safe haven, and dips can be good buying opportunities.
⭐️Technical Analysis
Gold price is heading towards 2920 and this area is the most important area for gold today. When breaking 2920, pay attention to the 2906 area for BUY signals and just wait for the test beats to sell around 2920 when this area is broken. When gold bounces from 2920, the market continues to want to increase. As long as there is any close above 2928, gold will soon regain the resistance level of 2944. Wish everyone the best trading strategy.
GOLD Short ViewDo not ask why. Gold is manipulated and its can not become diamonds. the price is too high and its making good view for short. take trade on your risk.
GOLD TRADING POINT UPDATE > READ THE CHAPTIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold traders SMC trading point update you on New technical analysis update on gold 🪙 Gold still going to bullish trend 📈 Gold Traders Gold Ready for a new ATH 3010$. This weekend. I'm going to bullish trade on Gold. Today 💪 Take a Strong breakout Resistance level 2947 2954 back 🔙 Tast diamond zone support level. 2923 Now Gold. Don't wait more Sell Good luck 🤞🤞
Key Resistance level 2954 + 2961 + 2987 3010
Key Support level 2940 - 2930 - 2924
Mr SMC Trading point
Pales Support boost 🚀 analysis follow)
Gold XAUUSD Intra-day Move 19.02.2025📊 Market Structure & Price Action Analysis:
Uptrend Confirmation: Gold has been respecting the ascending channel since $2,880, indicating strong bullish momentum.
Key Support Zone: $2,923 - $2,925, which aligns with the trendline support and has held twice.
Rejection from Resistance: $2,939, suggesting a temporary pullback before another bullish leg.
Potential Buy Zone: If price revisits $2,923 - $2,925 and holds, it presents a good long opportunity.
📈 Intraday Scalping Trade Signal (BUY Setup)
✅ Buy Entry: $2,923 - $2,925 (Wait for confirmation with bullish price action)
🎯 Take Profit (TP1): $2,939 (Short-term target)
🎯 Take Profit (TP2): $2,946 - $2,950 (Channel resistance)
🛑 Stop Loss: Below $2,915 (Trendline breakdown invalidates setup)
⚖ Risk-Reward Ratio: 1:2 or higher
🕵 Confirmation Checklist Before Entry:
✅ Bullish Candlestick Formation (e.g., bullish engulfing, pin bar at support)
✅ Trendline & Support Hold at $2,923 - $2,925
✅ Volume Increase on Buy Pressure
✅ DXY (Dollar Index) Weakness for Additional Confirmation
⚠ Risk Management:
Exit immediately if price closes below $2,915, as it would indicate a trendline breakdown.
Move SL to Breakeven once TP1 is hit.
Avoid Chasing Entry if price already starts moving higher without touching the buy zone.
📌 Trading Tip: Monitor gold's reaction at $2,923 - $2,925; a strong bounce confirms bullish strength. 🚀
Like, follow and comment your concern.
Gold BullishThis commodity has been on a bullish momentum ever since we had a pullback towards the 2875 Zone.
I anticipate that we might revisit the All Time High @ 2942.
Gold - This Breakout Will Lead To $5.000!Gold ( TVC:GOLD ) is preparing a major breakout:
Click chart above to see the detailed analysis👆🏻
For more than one and a half decades, Gold has been respecting the structure of a rising channel pattern with one exception. Back in 2010 we saw a bullish breakout followed by a parabolic rally and as we are speaking, Gold is starting to break out of the channel once again.
Levels to watch: $2.900, $5.000
Keep your long term vision,
Philip (BasicTrading)
GOLD - Long after filling the imbalance !!Hello traders!
‼️ This is my perspective on GOLD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. After price took buy side liquidity I expect to see continuation of retracement price to fill the imbalance lower and then to reject from bullish OB.
Like, comment and subscribe to be in touch with my content!
Many green candles eventually become many red candlesSooner or later, many green candles will eventually turn into many red candles - see for example August 2020, etc. There are no one-way streets to growth in the stock market.
GOLD - consolidation after reaching intraday ATHThe GOLD (XAUUSD) index pair price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be an overbought consolidation after reaching the intraday all time high.
The key trading level is at 2895 level, the consolidation price range and also the current daily pivot level. A corrective pullback from the current levels and a bullish bounce back from the 2895 level could target the upside resistance at 2945 followed by the 2980 and 3000 levels over the longer timeframe.
Alternatively, a confirmed loss of the 2895 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 2879 support level followed by 2862.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
GOLD BEARISH!!!hello friends
Let's go with gold analysis:
Well, as you can see, we had a long-term upward channel, which caused the price of gold to rise with the events that happened, and now that we are approaching 3000, you can see that the buyers are becoming fewer and fewer, and the world news is also giving us this signal that buyers are less willing to buy gold (a safe asset).
So we can see price correction to lower points...
*Trade safely with us*
XAUUSD Gold - Looking Where to NextHi Everyone i hope your enjoying your weekend and have been catching some good trades recently.
What a great year so far. My previous targets i posted all hit with 100% accuracy.
The range levels were all respected and played out perfectly.
Looking ahead to whats next for gold the range top of 2935 proved to be strong resistance with gold selling off twice from this level so there is a high probability we trace back at least for a mid range test before attempting to go higher again.
We can also not rule out returning to the range bottom of 2775 but the reaction to each level will guide us better. Fundamentally and technically gold is still very strong and profit taking should not be mistaken for a huge correction just yet.
I do see a dynamic supply zone running almost central to the main trend so we need to keep a eye on where price closes.
Plan: Wait for body closes of candles
Close and hold above 2894 to continue up. Retest and Reject 2894 to continue down.
Today's xauusd trend shows obvious signals!!!Since this week, the gold market has fluctuated upward on Monday, unilaterally rose on Tuesday, and may adjust on Wednesday. With the accumulation of market sentiment, it is expected to break through the previous highs on Thursday and Friday and continue to explore the 2980-3000 area.
Gold technical analysis:
From the technical analysis point of view, the gold four-hour K-line chart clearly shows a triple top pattern. The 2940 line is like an insurmountable natural gap. Every time the K-line touches this point, it will be ruthlessly blocked. At present, the deviation between the K-line and the moving average is large. According to market rules, the K-line will most likely move closer to the moving average in the short term. After careful analysis, the moving average is near 2910, which has become our expected target price. At present, we will still focus on the highs of 2940-2950. This is the third time that the point 0 has been touched. If there are repeated fluctuations here and no historical highs are broken, I still think that gold will continue to fall and continue to maintain box-shaped fluctuations. This is the current market trend!
Overall, today's short-term gold operation strategy is mainly to short on rebound and long on pullback. In the short term, pay attention to the upper pressure 2940-2942 line resistance, and pay attention to the lower support 2916-2905. Now we will wait patiently for a suitable trading plan.
Mr. Baker OANDA:XAUUSD TVC:GOLD FOREXCOM:XAUUSD
90% of traders struggle in the GOLD market, are you the same?From the current 4-hour trend, the support point below is 2905-2908. The short-term pressure level above is around 2940-2943, and the overall support is in this range. The rhythm of high-altitude low-multiple cycles is maintained, but David believes that GOLD will break through the short-term pressure level. In the middle position, keep more watching and less action, and be cautious in chasing orders, and wait patiently for key points to enter the market.
BUY:2927
TP:2940-2950
SL:2894 OANDA:XAUUSD TFEX:GO1!
Overbought price, overbought positioning is not a good signThis analysis shows warning signs of gold's uptrend could potentially see a solid correction over the coming weeks.
Will You Let the Gold Opportunity Slip Away Again How many times have you missed an opportunity and said, "I wish I had entered earlier!"? 🤦♂️
In our last post, we gave a gold buying signal, and now it has reached $2993, exactly as we predicted! 🚀🔥
Unfortunately, those who didn't read the previous post missed out on a big profit!
But don’t miss the opportunity again! Gold is on its way to $3037, just as we forecasted! 📈✨
📌 Don’t let the opportunity slip away again – follow us now so you won’t regret it later! ✅
