12.5 COMEX Gold Technical AnalysisFrom a technical perspective, the gold daily line is close to the upper edge of convergence, and the Bollinger Bands show signs of closing. At the same time, the price has not broken through the moving average pressure, and the KDJ indicator is in a state of fluctuation without an obvious direction.
The daily level convergence pressure is around $2,690. If it breaks through, it is expected to accelerate upward and test the previous high point. If it breaks below the support of 2,640, it will accelerate downward.
From the 1-hour level, the Bollinger Bands are closing, and the convergence structure is entering the end, waiting for the direction to be chosen. The current volatility has dropped significantly.
The technical indicators remain volatile, with intraday high selling and low buying, and the lower support is $2,650 and the upper pressure is $2,690.
SELL: 2,650 Defense: 60 Target: 35-----30
Goldintraday
Analysis and SignalsGold daily chart formed a bottoming out and rebounded to close higher, the structure stood above the MA10 daily moving average of 2647, but the moving average was still flat, and the RSI indicator mid-axis position was adjusted. The short-term four-hour chart is still adjusting within the Bollinger Band channel, the upper track is 2657/60, the lower track is 2638/35, the Asian session price 2648 is above the middle track 43, and the RSI indicator is above the mid-axis. Let's look at the strength of the decline first!
Gold is still oscillating now. When the NFP data is released on Friday, gold may break through the oscillation range, and then wait for the trend to be clear before continuing to follow up. Now it is still oscillating in a large range, and the rebound high will continue to be short.
Gold continued to oscillate in 1 hour. Gold rebounded and was blocked many times. Moreover, the positive news of gold ADP and risk aversion did not prompt gold to continue to rise, so it was still difficult to rise. Gold was under pressure at the 2657 line in the US session, and it continued to be short at highs below 2657 in the Asian session.
First support: 2638, second support: 2625, third support: 2610
First resistance: 2656, second resistance: 2666, third resistance: 2678
Trading strategy:
First look at the range of 2638near~2656near, and then trade in line with the trend after the breakthrough
12.5 Gold shocks, waiting for non-farm payrolls, short and longYesterday, the gold market opened at 2643.2 in the morning and then fluctuated in the range. Before the start of the U.S. market, the market gave a daily low of 2631.8 and then the market quickly pulled up to the daily high of 2657 and then the market consolidated. The daily line finally closed at 2649.8 and the market closed in a spindle shape with a lower shadow slightly longer than the upper shadow. After ending with this shape, today's market fell back to more. In terms of points, if today's market rises first, give a short stop loss of 2652 to 2657. If it falls back to 2637 first, the long position will be conservative at 2635 and the long stop loss will be 2631. The target is 2657. If it breaks, the pressure of 2661 and 2667 will be seen.
11.4 Gold weakens in the short termGold has fluctuated for two consecutive trading days, and it should break today.
Yesterday, as expected, the daily line rose after a single negative, mainly in three aspects:
1. Since this wave of rebound, the daily line has been a single negative, so look at the cycle.
2. The previous day rebounded too much. Although it retreated at the 618 position, the double bottom position is still there.
3. In the morning, 2633 is not only a rebound and retreat to the 618 position, but also a previous low point.
When looking at fluctuations, I have always emphasized a method, 618 is better to make a mistake than to let it go.
Therefore, we used gold non-short yesterday.
At the same time, let's look at yesterday's technical points:
Yesterday emphasized two watersheds, one is the time point of the European session, and the other is the price: 2633 and 2644, and the intraday breakthrough will continue.
1. In the morning, it directly relied on the low point to rise, quickly to the 2652 line, and the price effectively broke the morning low of 2644. It also emphasized that after the breakthrough, it is enough to step back more.
2. 2639 is the morning rebound and retracement to 618. The shock continues to see a step-back entry.
3. Although the performance before the US market is not big, the formula emphasizes that the correction at 6-8 points before the US market is still bullish. Yesterday, the US market also continued to rise after the breakthrough as expected.
But there are also regrets. It continued to fall back at 12 o'clock in the morning.
In the formula time point, we will make a summary at 12 o'clock every night. On the one hand, the Asian market is now big, and we will make a layout at 7-8 o'clock the next day, and also make a summary for the day.
Yesterday at 12 o'clock, it returned to the prototype: the first thought is that it was short at 7-8 o'clock this morning, and gold was weak.
Today, it is still the same. In this form, don't look at the continuous positive cycle of the daily line. Instead, the yin and yang lines in the shock are interchanged. Today, we see a break and fall.
For operations, it has been emphasized recently that the Asian market fluctuates greatly, and the focus is on the layout at 7-8 o'clock.
Therefore, you can go short in the morning, the upper watershed is 2649, and the lower target is 2627-29.
In addition, if it falls below 2630 today, then it is still short in the European session.
Due to the oscillation pattern retracement, pay attention to the entry point at 618, and the extremely weak 382, which refers to the entry point for the second rebound when the intraday high falls to the low.
Trading in the 2633~2655 range before ADPGold maintains a wide range of fluctuations, and the range of 2630-2660 is adjusted. The release of news data today will determine whether gold can break the balance, but the rebound of gold is a high-rise fall, indicating that there are still many resistances above, and the rebound in the Asian session continues to be short. The roller coaster has fluctuated back and forth in the past few days, and many people have no idea where to start. Today's ADP is an opportunity, which may break the recent balance and move in the direction.
Gold continues to fluctuate in the 1 hour, and the 1-hour moving average of gold continues to cross downward to form a dead cross. If it continues to go down, then gold may open up downward space. Gold rebounded last night and fell under the pressure of the 2655 line of resistance. Gold bulls are still unable to do so. Gold continues to sell at highs below 2655 in the Asian session, and gold rebounds near 2655 and can continue to be short.
First support: 2633, second support: 2621, third support: 2605
First resistance: 2652, second resistance: 2662, third resistance: 2675
Trading strategy:
2633~2655 range sell high and buy low
12.4 Gold today overall range sweepOn Tuesday, the price first dropped to 2634-2633 in the morning, and the support was confirmed in the afternoon, and it was pulled up to 2650 area.
Then, the first bottoming out and rebounding action has been made. Next, under the condition of keeping low, we can look at the second continued upward action, and then break through and stand firmly on the large channel, and then look at the third acceleration to complete the pull-up of 30 US dollars in space
The four-hour pattern continues to show a narrowing situation, waiting for the subsequent breakthrough opening to guide a wave of unilateral volume
The closing range of the shape, the upper rail is 2666-2664, and the lower rail is 2620-2622
The position of the large channel line is close to the upper rail pressure 2652-2653. The support in the same area expands the sweeping space upward. Today's early trading squats back to hold the lower rail support
It can break through and stand firmly along the large channel line 2652-2653, and switch upwards. The next channel upper rail position focuses on the 2676-2678 area
BUY: 2635————2640 Stop loss: 2645————50
Target: 2660 2665
The daily hammer of gold market is extended and rubbed.From the technical perspective, the price of gold continues to fluctuate within the convergence triangle area. The decline on Monday this week is consistent with the characteristics of a volatile downward trend, with the lowest intraday price reaching 2620, which is exactly the starting point of the stabilization and rebound last week, highlighting its key support significance in the volatile market. As the price falls, the market has fallen below the volatile upward support line and is under pressure from the previous high of 2650, with a significant double suppression effect.
Looking ahead to the intraday trend, the suppression of the 2650 line still needs to be focused on this trading day. Given that gold is still in the volatile downward stage of the large-cycle convergence triangle and the downward trend has not yet ended, there is a possibility that the price of the market will fall below 2620. Therefore, in the short term, we maintain a bearish mindset, with 2650 as the key suppression level, and are bearish on gold. However, in the context of frequent interweaving of long and short factors, investors need to pay close attention to market dynamics and flexibly adjust strategies to cope with changes that may occur at any time.
THE KOG REPORT - ELECTION SPECIAL - UpdateQuick update on our Election special chart which we posted prior to the election giving our view of what to expect in terms of movement in Gold.
The Red arrow was the projected path, the green arrow is real time movement.
Can quite honestly say it's worked well for us, not exact, but close enough when fine tuned with the red boxes, Knights inid, and of course Excalibur.
We'll keep tracking this.
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
XAU/GBP "Gold Vs Pound" Market Heist Plan on Bullish SideHello!! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist XAU/GBP "Gold Vs Pound" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback.
Stop Loss 🛑 : Recent Swing Low using 2H timeframe (or) Place SL where I mentioned in the Chart.
Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
XAU/AUD "Gold vs Aussie" Market Money Heist Plan on Bearish SideOla! Ola! My Dear Robbers / Money Makers & Losers, 🤑💰
This is our master plan to Heist HK50 XAU/AUD "Gold vs Aussie" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Near the Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰.
Entry 👇 📉: Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe, Recent / Nearest High Point.
Stop Loss 🛑: Recent Swing High using 1h timeframe
Attention for Scalpers : Focus to scalp only on Short side, If you've got a money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
XAU/USD 14 November 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Analysis/bias remains the same as yesterday's analysis dated 12 November 2024.
Price has printed a bearish iBOS followed by a bearish BOS. This is in-line with all HTF's requiring a pullback.
Intraday Expectation: Price to indicate bullish CHoCH to indicate bullish pullback phase initiation. Bullish CHoH positioning is denoted with a blue dotted line.
Note: Due to the Fed’s softer stance and ongoing geopolitical tensions, we should remain mindful that volatility in Gold is likely to persist.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Previous intraday analysis where I mentioned that price to trade up to either premium of internal 50% EQ or M15 demand zone before targeting weak internal low priced at 2,589.725 was how price printed.
Price has printed a further bearish iBOS.
We are now trading within an internal high and fractal low where price is showing reaction from H4 demand zone.
Price has printed has yet to print a bullish CHoCH indicating bullish pullback phase initiation. CHoCH positioning is denoted with a blue dotted line.
Intraday Expectation: Price to trade up to either premium of internal 50% EQ or M15 demand zone before targeting weak internal low. Price could potentially print a lower low to reposition CHoCH.
Note: With the Fed's softer policy stance and escalating geopolitical tensions, elevated price volatility is likely to persist.
M15 Chart:
Gold looks bearish and give a retracement to 2600**Overview:** TVC:GOLD has been on a significant bull run for a prolonged period due to various fundamental factors driving its upward momentum. However, it has recently broken its bullish structure and is now trading below the previous support level of 2710. This level, which once served as support, is currently acting as resistance, marking a potential shift in trend from bullish to bearish. Gold is also forming a inverse Head and Shoulders pattern which can give a good target if played well.
**Trade Plan:**
Since gold is now trading below the critical resistance level of 2710, a short position could be considered. Place a stop loss just above the 2710 resistance to manage risk effectively. If this resistance holds and the price fails to reclaim it, it supports the case for a bearish move. Opening a short position in this setup can provide an advantageous risk-to-reward ratio, aligning well with short-term market direction.
**Targets:**
1st TP: 2670
2nd TP: 2630
3rd TP: 2600
If you found this analysis helpful, please hit the boost and follow for more updates.
**Note:** This analysis is purely my personal opinion and is intended for educational purposes only. It does not constitute financial advice. Always perform your own analysis or consult a certified financial advisor before making any trading or investment decisions. I am not responsible for any financial loss that may result from following this information.
Long Position Stuck, Currently Reversing the LossesYesterday, the long position got stuck, but I have been using scalping on shorter timeframes to recover the losses, and now it's turned into a profit. With the remaining time today, I believe gold will rise to around 2630. During the process, I adjusted stop-loss levels and position sizes flexibly, capturing short-term fluctuations to turn the situation from a loss into a profit. Moving forward, if the price of gold continues to rise, I will maintain the long position and adjust the strategy according to market movements, with the target around the 2630 level.
XAU/USD "Gold Dollar" Market Money Heist Plan on Bearish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑💰
This is our master plan to Heist XAU/USD "Gold Dollar" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss 🛑: Recent Swing High using 1h timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Gold Expected to Rise, Target at 2733A great weekend has come to an end, and last week brought us substantial profits. This week, let’s aim for another strong start!
Gold trading opens in just half an hour. On Friday, the price of gold showed limited movement, slightly different from our expectations, but this is not a concern—the rally is still on track! As of Friday’s close, gold prices hovered around the MA5 level without fully breaking through, suggesting some resistance. However, a broader time frame shows that the overall rebound isn’t over yet. Friday’s movement was merely an initial attempt to test the MA30 resistance, with the major resistance level expected at the MA60.
With this in mind, my strategy this week is to buy gold below 2680. The first target range is 2685-2696, the second target 2706-2712, and the final target 2721-2733. Here’s to another profitable week ahead!
Gold : A Perfect Buy Opportunity Amid Expected Pullback!Yesterday, gold prices surged above 2700, rising $60 from open to close. Following such a significant increase, some pullback is likely in today’s session. However, this does not signal the end of the uptrend but rather a natural price correction. After the pullback, gold is expected to resume its upward momentum, with potential to break above 2730.
Based on this analysis, today’s strategy is to continue buying gold. The ideal buying range is between 2688-2674, with a target set between 2725-2732. This pullback presents an excellent entry point for bullish positions, creating the potential for further profits!
Gold Rebounds to $2700! Post-Trump Rally Shows Signs of PullbackFollowing Trump’s election-driven downturn, gold prices have fully rebounded, climbing back to the $2700 mark. However, after this sharp rise, signs of a potential pullback are becoming apparent. I believe gold is nearing a short-term peak, making this an opportune moment to start selling and capture possible downside moves to lock in profits during the adjustment. Keep an eye on the market and stay flexible to manage the upcoming volatility.
11.7 Analysis of Gold Short-term OperationYesterday, the gold market fluctuated greatly due to the influence of the US election. After opening at 2742.6 in the morning, the market first pulled up, and the daily line reached the highest pressure near 2750. After that, the market was affected by the US election result that Trump was re-elected and began to fall. After breaking the previous day's low of 2724, the market accelerated its decline. The daily line gave a minimum of 2650.7 and then the market consolidated. The daily line finally closed at 2658.8 and the market closed with a super large Yin line with equal upper and lower shadows. After this pattern ended, the daily head and shoulders top pattern was formed. In addition, the fundamentals expected that the market would fall back after stepping back. In terms of points, the long stops of 1996 and 2028 below were followed at 2600. The US market first rose to 2660 and gave a long stop loss of 2650. The upper target is 2675 and the breakthrough is 80-----90
THE KOG REPORT - ELECTION SPECIAL UPDATEEnd of day update from us here at KOG:
The path has worked quite well so far with price testing the high, adhering to KOG's bias for the day and week and respecting the red boxes. We've managed to stay the right way and capture most of the move down completing nearly all the bias level targets on the KOG Report.
So, what now?
We have major support below at the 2650-55 region with slight extension in to 2645. If this level is attacked and defended in the coming sessions we should get a move back upside into the initial levels of 2675 and above that 2680-5. We do need to see a clean reversal for this to happen so let's be patient if you're looking to go long. Those who followed and are short, we suggested protecting and taking partials along the way while enjoying the move.
For now, planned and executed, Excalibur and the red boxes performing well. Let's see what tomorrow's news brings.
As always, trade safe.
KOG
11.7 Analysis of Short-term Gold OperationsOn Wednesday (November 5), gold prices fell below $2,700 as the dollar rose after Republican Donald Trump was elected as the US president after his amazing political comeback. Now it is trading sideways at $2,666.
Technical analysis:
Gold has key positions of support and resistance in the short term. At this stage, the $2,680-2,675 area constitutes an important support level for gold. If the gold price falls below this level, it may accelerate downward to test the support area below $2,650, which is the lower edge of the short-term rising channel since July. If it falls further, the next support range of market attention will be concentrated around $2,665, and further explore the $2,640 line.
At the same time, if the gold price rebounds, the $2,748-2,750 area may constitute the first resistance level, and the key resistance above is in the $2,780-2,785 range. If it can stand firm in this range, it may be expected to return to the $2,800 mark. It is worth noting that the $2,800 mark, as the pivot point of the long-term upward trend, will be of great significance to the bulls. If it can be steadily broken through, it may restart the upward trend.
BUY:2660
First target 2680
Second target 2700
Third target 2720
Gold’s Sharp Decline Brings Profits; Ready to BuyI predicted it in advance—the election results would boost the dollar, leading to a drop in gold. Do you trust my analysis? Have you ever traded with such precision? If you followed my suggestion, I’m sure you’ve made a substantial profit! Gold’s volatility remains high, and it may drop below 2700 before rebounding. I’m ready to start buying—are you joining in?
11.6 Gold price plunged sidewaysAfter the high-volume plunge on Thursday, the gold price has been trading sideways above 2720. The price will maintain less than 30 US dollars in the short term. Yesterday, the direct 2745 dry short price can be repeatedly shorted in the short term. 2730 has been broken as expected on Tuesday, and the price will fall below 2700. The US dollar index has begun to rise sharply, and the non-US has already reacted very clearly, and the gold price is following closely. The 2745 dry short price has fallen to 2731 in the morning. Repeatedly go up to 2749 and do short again! At present, 2750 is the second highest point of the gold price. Wait patiently for the large short volume! This sideways trading is to accumulate power for diving!
Intraday strategy:
SELL: 2745 2750 Target: 30------20
BUY: 2700 2705 Target: 35-----40
XAUUSD:5/11 Today's Market Analysis and StrategyGold technical analysis
Daily resistance 2800, support below 2716
Four-hour resistance 2800, support below 2730-16
Gold operation suggestions: Gold was flat in volatile trading yesterday. The price of Asian and European sessions was under pressure at the 2744 mark and gradually weakened. The European session fell back and stabilized at the 2732 mark and rebounded. The US session broke through the 2748 line for the second time and was under pressure and weakened. It finally closed at around 2736. The overall gold price was further under pressure at the 2750 mark and ushered in a suppressed volatile adjustment.
From the current technical level of the daily line, the upper resistance is near the 2800 integer mark, and the lower short-term support is around 2716.
With the advent of the US election risk event, the market is relatively stalemate. For the time being, it is still mainly short-term fast in and out. The upper pressure is 2750. The rebound below 2750 is still maintained during the day. Continue to pay attention to the gains and losses of 2730. The rapid rebound after the Asian session pierced proves that there is still a certain amount of bargain hunting buying below. We need to be cautious today. Note that 2730 has been tested for 6 times in a row. The support is gradually weakening. If it approaches 2730 again, it is also likely to accelerate the decline. In the face of the US election in the near future, the market volatility may be relatively fast. Investors are requested to pay attention to risk control, stay vigilant and pay close attention to the latest news changes.
BUY:2717near SL:2714
BUY:2727near SL:2724
SELL:2750near SL:2754
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.