GOLD Analysis - Can buyers push toward 3,410$?OANDA:XAUUSD is trading within a clear ascending channel, with price action consistently respecting both the upper and lower boundaries. The recent bullish momentum indicates that buyers are in control, suggesting there's chances for potential continuation on the upside.
The price has recently bro
About Gold
Gold price is widely followed in financial markets around the world. Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, which led to the expansion of a fiat currency system in which paper money doesn't have an implied backing with any physical form of monetization. AU is the code for Gold on the Periodic table of elements, and the price above is Gold quoted in US Dollars, which is the common yardstick for measuring the value of Gold across the world.
XAU/USD - Channel Breakout (05.05.2025)The XAU/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Channel Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Enterin
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Once again following on from yesterdays update, this 4 chart is also playing out perfectly. After completing both our Bullish 3343 and bearish 3282 targets; we stated price will play tennis between both levels. We also stated that we will look for ema5 cross and lock on either level t
XAU/USD: Gold Eyes $3400+ After Explosive Surge! (READ CAPTION)By analyzing the gold chart on the 1-hour timeframe, we can see that price once again hit our targets! As expected, gold had a strong bullish rally yesterday and today, reaching both $3328 and $3345, and even extending to $3387.
This surge was fueled by escalating tensions in the Middle East, partic
GOLD ( XAUUSD ) : H4 / D1 : Big Long !!!Hello Traders! 👋
What are your thoughts on Gold?
After a strong upward move, gold entered a corrective phase upon reaching the $3500 resistance zone.
This correction could offer a buy-the-dip opportunity, with potential for a move back toward the recent highs.
XAUUSD
Market price : 3240
Buy
GOLD → The rally has given way to a correction. News aheadFX:XAUUSD is rising amid a challenging geopolitical environment. During the Asian session, a correction to the zone of interest (0.5 Fibonacci) is forming. The situation is quite complex and tense.
On Tuesday, the metal strengthened to 3433 due to tensions in the Middle East, but during the A
XAU/USD: Gold Regains Strength After Pullback – New Highs Ahead?By analyzing the gold chart on the 2-hour timeframe, we can see that yesterday, as expected, gold surged above $3400, reaching as high as $3439 before facing strong selling pressure, dropping sharply to $3359.
Currently, gold is trading around $3385, and if the price can hold above $3366, we may ex
GOLD - Bullish Structure with Potential Continuation PlayThe current 1-hour chart of Gold (XAU/USD) demonstrates a clean bullish structure supported by an ascending channel and multiple unmitigated Fair Value Gaps (FVGs) acting as potential demand zones. This setup highlights the strength of the ongoing uptrend and offers insights into a high-probability
XAU/USD) Bullish reversal analysis Read The ChaptianSMC Trading point update
technical analysis of Gold Spot (XAU/USD) on the 4-hour timeframe, projecting a bullish outlook. Here's a breakdown of the main ideas conveyed:
1. Support Level & Double Bottom
A strong support level is marked around the 3,177 area, with the price bouncing from it twice
Gold - This week drop to 3167! (best level to buy)Gold recently dropped from 3500 to 3201, which is a pretty significant correction, but I think we are going to go lower. There is a lot of liquidity below the previous triangle and untested major swing high from 2nd April. In general, triangles act like a magnet for whales. When you see a triangle o
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.