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GOLD ROUTE MAP UPDATEHey Everyone, A Piptastic start to the week with our 1H chart hitting targets just like we analysed. We started the day with our Bullish target hit at 2574. This followed with ema5 cross and lock above this weighted Goldturn, opening 2599, which was also hit!!!! We are now seeing 2599 cross and locked, leaving 2622 open. As long as we don't see a lock back down below 2599, 2622 will remain open. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up and knowing we have gaps above, allows us to safely buy from dips. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2574 - DONE EMA5 CROSS AND LOCK ABOVE 2574 WILL OPEN THE FOLLOWING BULLISH TARGET 2599 - DONE EMA5 CROSS AND LOCK ABOVE 2599 WILL OPEN THE FOLLOWING BULLISH TARGET 2622 BEARISH TARGETS 2551 EMA5 CROSS AND LOCK BELOW 2551 WILL OPEN THE FOLLOWING BEARISH TARGET 2525 EMA5 CROSS AND LOCK BELOW 2525 WILL OPEN THE SWING RANGE 2638 SWING RANGE 2506 - 2484 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
12
XAU/USD : More Fall Ahead ? (READ THE CAPTION)Analyzing the #Gold chart on the 4-hour timeframe, we notice that today’s market opened with a positive price gap between $2563 and $2566 . These types of gaps often act as magnets for price action, as markets tend to fill such gaps over time. Based on the current bullish momentum, I expect a price correction in the near future to fill this gap. Looking deeper into the structure, we can see that gold’s recent rally has managed to fill the Fair Value Gap (FVG) from the previous bearish move to a significant extent. However, it still has room to climb and fully fill the gap at $2606. This level could serve as a critical zone where we might observe a strong price reaction . Keep this level on your radar—it could either confirm a continuation of the bullish trend or trigger a reversal. From a broader perspective, the ongoing geopolitical tensions in the Middle East and the Ukraine-Russia conflict continue to provide a safe-haven bid for gold. These factors have been instrumental in driving demand, even as the US dollar shows signs of consolidation after its recent strength. On the macroeconomic front, recent data showed strong US retail sales for October , indicating resilience in the economy. However, there’s growing uncertainty around the Federal Reserve's policy direction. Markets currently price in a 65% probability of a 25bps rate cut in December, which could weigh on the dollar further and provide support for gold in the medium term. From a technical standpoint: 1. Gold remains in a bullish structure, but short-term corrections are expected due to overbought conditions and the need to fill the gap at $2563-$2566. 2. The $2606 level acts as a magnet for price, as it marks the full closure of the previous FVG. Monitor this level closely for signs of rejection or continuation. 3. In case of a rejection at $2606, a retest of support levels near $2545-$2550 could be on the cards, aligning with the gap fill. Key Levels to Watch : - Support: $2563 (gap low), $2545 - Resistance: $2606 (FVG top), $2620 To summarize, while gold’s rally has been impressive, the presence of both the unfilled gap below and the remaining FVG above suggests that the market could be at a pivotal point. Watch these levels carefully, as they are likely to guide gold’s next move. Previous Analysis : Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
OANDA:XAUUSDShort
by ArmanShabanTrading
28
GOLD → Are the buyers back? What's going on?FX:XAUUSD is getting stronger after a false breakdown of support. The fundamental background also contributes to it. The focus is on resistance 2589 and 2618, which divide the market into two zones. The attention of the markets is shifting to the escalation of the conflict in Ukraine. Biden (or those above him) decided to escalate an already tense situation with his authorization of long-range missiles before leaving office. (A rather bizarre maneuver that generally characterizes Democrats as advocates of war, not peace). Gold has been reacting accordingly since the opening session. China is trying to strengthen its economy, and the dollar's consolidation after the rally gives gold fans a chance. Technically gold is in the range of 2604 - 2546. Since the opening of the session, the price has been rallying quite strongly, which increases the chances of resistance to stop this rise Resistance levels: 2589, 2604, 2618 Support levels: 2559, 2546, 2531 The situation is complicated due to the mixed fundamental background. False breakdown of 2589 and consolidation below this zone will strengthen the sales. But, there is a probability of retest of 2618 (liquidity zone). Similarly, a false breakout will trigger selling. But if the fundamental situation will strengthen in the direction of gold, the market will have a chance to change the local trend from 2618 Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
11
Hellena | Oil (4H): Short to 100% Fibo lvl 62.238.Colleagues! If we believe the wave pattern, the price is now in a strong impulsive downward movement. I believe that the price will renew the lows and rush to the area of 100% Fibonacci extension to the area of 62.238. Wave 3 lower wave should be completed there. But we should not forget that the price is in wave 3 of the higher and middle order, which means that there are more chances for a downward movement! There are 2 possible courses of action: 1) The riskier one is to open a short position on the market. 2) Conservative - wait for the price to rise, and enter with less risk. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PEPPERSTONE:SPOTCRUDEShort
by Hellena_Trade
14
Hellena | GOLD (4H): Long to resistance area of 2646.Dear colleagues, I believe that the price will complete the correction very soon and the upward movement will start. I think that wave “C” is almost complete. The support area is quite wide (2512), because it is from these levels we should make a conservative entry into a long position. But there is a possibility that the price has completed wave “C” at 2537. In this case, the upward movement has already started. I am still inclined to the fact that the price will renew the minimum, but the target in any case is the resistance area of 2646. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:XAUUSDLong
by Hellena_Trade
7
GOLD - Price can make small correction and then bounce upHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price declined in falling channel, where it fell below $2655 level and reached support line of channel. Then price turned around and started to grow inside rising channel, where it soon reached $2655 level and broke it. In this channel, price grew to resistance line and continued to move up near this line, until it reached $2790 points. After this, price turned around and started to decline, exiting from rising channel and fell to $2655 level. Soon, Gold broke this level too and fell to $2560 level, where it bounced from support area and started to grow recently. I think that XAU can little correct to support level and then continue to move up to $2655 resistance level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDLong
by WalterMoon
1
THE KOG REPORTTHE KOG REPORT In last week’s KOG Report we wanted higher pricing to short again into the lower targets 2665, 2650 and 2620. Unfortunately, we didn’t get the higher level we wanted, so instead, followed Excalibur and the red boxes not only completing the bias targets in one move, but also then completing numerous bearish targets on the week. The bias was bearish below, the price, once settled moved well and allowed us to navigate the short trades and the bounce for the longs. Another good week in Camelot, completing a staggering 25 targets, 8 of those on gold alone. So, what can we expect in the week ahead? For this week we’re only looking for one move, and that’s for the price to attempt the retracement that is needed and stretching out traders. For that reason, we have the lower level of 2550-55 which if attacked and held during the early session may give traders the opportunity to long back up into the 2565-70 region and above that 2600-05 region initially. That’s the trade that we’re looking for early part of the week but please note, breaking below that 2550 level will give us a better opportunity from the 2530-35 region which is also shown on the chart. Nice and simple this week, we’ll update as we usually do. Potential for more ranging on Monday so maybe best to let Monday play and then look for a decent set up for Tuesday onwards. KOG’s bias for the week: Bearish below 2575 with targets below 2555 and below that 2550 Bullish on break of 2575 with targets above 2595 and above that 2605 RED BOXES: Break above 2575 for 2585, 2587, 2595 and 2610 in extension Break below 2560 for 2555, 2551, 2541 and 2535 in extension Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
4
GOLD → Are the bears in doubt? Resistance aheadFX:XAUUSD strengthens to 2625, jeopardizing the local downtrend. Fundamentally, the situation is complicated, as well as technically... The metal price is actively influenced by the escalated geopolitical situation between Russia and Ukraine. The market is also watching the Middle East, as despite the reduced news flow, the situation is still tense. In addition, expectations of additional stimulus measures from China also favor the growth of prices for this metal. It is still unclear whether gold will be able to hold on to the bullish momentum as the price is approaching strong resistance and traders are cautious as they await new signals on the Fed's interest rate outlook. Technically, as the price is still within the boundaries of the local descending channel, it is worth considering selling from strong zones and levels. The situation will change when the price breaks (it is not a fact) the channel resistance... Resistance levels: 2626, 2643 Support levels: 2604, 2590 Most likely, the market seeks to test the resistance, relative to which a stalemate situation is forming due to the mixed fundamental background. A false break of 2643-2626 will strengthen the selling and bring us back to the downside. But an unexpected resistance breakout will bring back the buyers' motivation Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
3
eurusd h4 long/short +220/+300 pips swing trade plan🔸Hello traders, let's review the 4hour chart for EURUSD today. All previous setups hit TP, +600 pips original short and recently another short from resistance TP hit +240 pips. feel free to recap via links below: 🔸Currently after hitting 0500 EURUSD remains weak / vulnerable to further downside. I'm not expecting any bounce from current levels and also can't recommend any new entries, right now this is a no trade zone for me. 🔸Bears will target re-test of key s/r zone at 0380, this is also the highest probability zone for a bounce in EURUSD. Resistance overhead set at 0600, so this is a +220 pips trade setup based on the bounce off the key s/r zone. 🔸Recommended strategy for EURUSD traders:no trade recommended at current price, however bulls should enter BUY/HOLD at/near 0380 SL 40 pips TP1 +120 TP2 +220 final exit at 0600. Bears should wait for the bounce to complete and short from overhead resistance at 0600 TP1 +150 pips TP2 +300 pips final exit at 0300. SL 40 pips. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Long
by ProjectSyndicate
11
SILVER Will Explode! BUY! My dear subscribers, SILVER looks like it will make a good move, and here are the details: The market is trading on 30.255 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 30.505 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. ——————————— WISH YOU ALL LUCK
OANDA:XAGUSDLong
by AnabelSignals
3
Potential bullish rise?The Silver (XAG/USD) has reacted off the pivot and could rise to the 50% Fibonacci resistance. Pivot: 30.01 1st Support: 28.82 1st Resistance: 32.14 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAGUSDLong
by ICmarkets
2
Gold-> Buyer Back Yet?Dear Traders, Ben here! After suffering significant losses last week, gold has regained its recovery momentum and is trading positively above $2,600 on Monday. The fundamental backdrop supports this recovery. Key resistance levels at $2,518 and $2,628 now divide the market into two distinct zones. Meanwhile, market participants are awaiting moves from several Fed officials this week to gain further insights into the U.S. interest rate trajectory. The most likely scenario at the moment is a slight recovery in gold prices following the recent steep sell-off, with expectations for gold to climb higher after several reversals in the USD. In the medium term, bulls need to reassess U.S. policy planning in December, as the Fed is expected to hold rates steady in January. This has not been fully priced into the market, so any adjustments could pose challenges for gold. Technically, since the market opened, prices have climbed considerably, increasing the likelihood of resistance capping further upward movement. A false breakout at $2,589 and subsequent consolidation below this zone would strengthen selling pressure. However, there is potential for a retest of $2,618 (Order Block). Similarly, a failed breakout could trigger selling momentum. But if the fundamentals align strongly in favor of gold, the market may have a chance to shift the local trend from the $2,618 zone.
OANDA:XAUUSDShort
by Bentradegold
THE KOG REPORT - Election update:Continuing with this chart we've managed to navigate the move from the all time high into the lower region which we had marked with a circle for Camelot as a potential RIP zone. There was a slight stretch on the move however, we did get the bounce giving us a fantastic long trade. On this particular chart we would like to see where price closes on the weekly to make a further assessment. For now, if you followed, it moved well. As always, trade safe. KOG
OANDA:XAUUSD
by KnightsofGold
2
Gold Technical Analysis: Potential Bounce Within a ChannelThe provided chart shows a clear bullish structure, with Gold trading within an ascending channel on the daily timeframe. However, recent price action indicates a pullback from the channel's upper resistance. Below is the detailed analysis: Price Structure: Gold has been respecting the boundaries of the ascending channel, with higher highs and higher lows confirming the bullish trend. Internal Trendline: The internal trendline has been tested and temporarily broken, leading to the ongoing retracement. Support Zone: The price has reached a significant horizontal support zone ($2,530-$2,490), coinciding with the lower boundary of the channel. This area is expected to act as a strong support for a potential rebound. Scenario 1 (Bullish Rebound): If the price bounces from the current support zone, it could retest the key resistance at $2,700 and potentially aim for the channel's upper boundary. Scenario 2 (Bearish Breakdown): A confirmed break below $2,490 could invalidate the channel and lead to further downside movement, targeting lower support zones around $2,300.
OANDA:XAUUSD
by melikatrader94
3
XAUUSD Potential Long OpportunityOn the 30-minute XAU/USD (Gold) chart, I’ve identified a potential long setup based on Fibonacci levels and recent price action. 🔹 Entry: Enter around the current level at $2,556, where we’re seeing signs of support. 🔹 Stop Loss: Place below the recent low near the 1.0 Fibonacci extension level at $2,536. This area has previously acted as support, and a break below could signal a shift in trend. 🔹 Take Profit: Target the 0.25 Fibonacci retracement level at $2,577 or, for a higher target, consider the 0.5 retracement level around $2,597-$2,618. These levels have previously acted as resistance zones, making them logical profit points for a long position. Ensure this trade aligns with your risk tolerance. With a stop loss set close to support, this setup offers a solid risk-to-reward ratio if the uptrend continues. Good luck!
TVC:GOLDLong
by me22_
Gold Price Outlook: Testing Resistance and Potential DeclineThe gold market is displaying a recovery after recent losses, currently hovering near $2,645. However, the upward momentum is now approaching a critical resistance zone. Market Highlights: Resistance Zone: Gold faces significant resistance near $2,645-$2,650. A rejection at this level could trigger a downward retracement. Support Levels: The support zone near $2,575-$2,550 remains key for the current trend's stability. Volume Insight: Increased trading volume around the resistance level hints at a potential breakout or sharp reversal. Trading Strategy: Sell on Resistance Rejection: Monitor for bearish signs near $2,645, targeting $2,575 with a stop-loss above $2,650. Buy on Retracement: If prices pull back to the $2,575-$2,550 support zone, look for long opportunities targeting $2,645, with a stop-loss below $2,540. While the bullish recovery is encouraging, a clear break above resistance is needed to confirm further upside potential. Traders should stay vigilant as market sentiment evolves.
OANDA:XAUUSDShort
by Veda_Solomon
XAUUSD: 18/11 Today's Market Analysis and StrategyGold technical analysis Daily resistance 2627, support below 2500 Four-hour resistance 2627, support below 2581 Gold operation suggestions: Gold rose directly after opening yesterday, with an increase of more than 60 US dollars. In the short term, bulls still have the possibility of upward energy. The upper pressure port is maintained near 2640. At present, it is still necessary to test the strength of the European session, which is also directly related to the long and short direction of the US session. The support below is also maintained near the starting point of the Asian session 2610-2606. At present, the bulls are relatively strong From the current 4-hour gold trend, the upper pressure focuses on the 2627 line, and the lower focus is on the 2606-2610 line support. In terms of operation, we first conduct long and short games in the range. If it stands firm at 2627 today, we can further look to 2650-2700 and wait patiently for the key points to enter the market. BUY:2618near SL:2613 BUY:2608near SL:2603 The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.
TVC:GOLDLong
by ActuaryJ
Gold price suddenly reversed and increasedOANDA:XAUUSD surged after the US dollar paused its rally and Russia-Ukraine tensions escalated. Spot gold ended the trading session on November 18 up $48 to $2,611/ounce, ending a six-session losing streak and escaping a two-month low. Sellers held back as US President Joe Biden authorized Ukraine to use long-range weapons supplied by the United States to strike deep into Russian territory. This was clearly a major driver of strong safe-haven demand, pushing gold prices higher. This move not only marked a turning point in the gold market but also signaled that investors were looking for opportunities amid increasingly tense geopolitical conditions. However, in the medium and long term, we still think sellers still have the upper hand technically!
OANDA:XAUUSDShort
by TomtradeFX