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Goldsell

Continue downtrend - target 2506 coming soon✍️ NOVA hello everyone, Let's comment on gold price next week from 11/18 - 11/22/2024 🔥 World situation: Gold prices fell for the sixth consecutive day, heading for a weekly loss of over 4%—the steepest since September 2023. Federal Reserve Chair Jerome Powell's mildly "hawkish" remarks strengthened the US Dollar, reducing demand for gold. As of now, XAU/USD trades at $2,564, down 0.17%. On Thursday, Powell stated that the Fed is not in a hurry to cut interest rates, citing a resilient economy, a robust labor market, and inflation still above the 2% target. 🔥 Identify: The decline in gold will continue as money is being drawn to other opportunistic financial sectors, the decline could be prolonged, sending gold prices to 2500 or 2400. 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $2590, $2610, 2645 Support : $2539, $2504 🔥 NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
2
XAU ! 11/14 ! still a strong decreaseXAU / USD trend forecast November 14, 2024 The US Dollar gained strongly as markets had largely anticipated a 25-basis-point hike by the Federal Reserve at its December meeting. CME FedWatch Tool data shows the odds have increased from 58% to 82%. The DXY index, which measures the Dollar’s strength against major currencies, reached a year-to-date high of 106.52, just above the previous high of 106.51 from April 16, and is currently around 106.49, up 0.50%. yesterday's sharp drop - continues to make investors believe prices will fall further: 2500 /// SELL XAU : zone 2574-2577 SL: 2580 TP: 50 - 100 - 150pips (2561) /// SELL XAU : zone 2590-2593 SL: 2598 TP: 50 - 200 - 300pips (2563) Safe and profitable trading
OANDA:XAUUSDShort
by Moon-ForexAcademy
2
Gold reduced! The target is aimed at 2514⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) extends its decline for the fifth consecutive session, hitting its lowest level since September 19 near $2,558 during Thursday’s Asian session. Persistent US Dollar (USD) strength, fueled by optimism over President-elect Donald Trump's pro-growth policies and expectations of a Federal Reserve (Fed) pause in easing, keeps pressure on the non-yielding metal. Elevated US Treasury yields and a strong USD, which reached its highest level since November 2023, further weigh on Gold. Additionally, Wednesday's US Consumer Price Index (CPI) report signaled slower progress in reducing inflation, suggesting fewer rate cuts in 2024. Coupled with a bullish run in US equity markets, this has driven investors away from Gold. Traders now await the US Producer Price Index (PPI) release for near-term direction, with attention on Fed Chair Jerome Powell's speech later today. ⭐️Personal comments NOVA: The H4 price frame shows a strong downtrend, pay attention to the support zone, buyer liquidity here is quite large 2548 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2580 - $2582 SL $2587 TP1: $2565 TP2: $2550 TP3: $2530 🔥BUY GOLD zone: $2515 - $2513 SL $2508 TP1: $2525 TP2: $2540 TP3: $2560 🔥BUY GOLD zone: $2548 - $2550 SL $2545 scalping TP1: $2558 TP2: $2564 TP3: $2570 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDShort
by Nova-Scalper
4
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.
CAPITALCOM:GOLDShort
by MrSharelock
11/12 ! XAU ! Bears determined to continue to lower pricesXAU / USD trend forecast November 12, 2024 Gold dropped over 2.5% on Monday as the US Dollar surged to a four-month high. Speculation that a second Trump term might reignite trade tensions is supporting the USD's strength. XAU/USD is now trading at $2,611 after hitting a daily high of $2,686. This decline follows gold's worst weekly performance in more than five months after the election, with the US Dollar Index (DXY) up 0.6% to 105.57. Gold prices continued to decline on Monday - returning to the 2610 zone. The 2606 support zone could help gold recover and stay above 2600 in the short term. /// SELL XAU : zone 2654-2657 SL: 2662 TP: 50 - 150 - 300 pips (2627) Safe and profitable trading
OANDA:XAUUSDShort
by Moon-ForexAcademy
3
bearish cycle - bears dominate !! XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) extended its losses on Monday, dropping over 2% to hit its lowest level since October 10 after its steepest weekly decline in five months. Strong US Dollar (USD) demand, driven by expectations of cautious Federal Reserve (Fed) policies and optimism over President-elect Donald Trump’s growth-focused agenda, pushed US Treasury yields higher and weighed on the non-yielding gold. However, the decline paused near $2,600 amid concerns that Trump’s protectionist policies could harm the global economy, spurring some safe-haven demand. Any significant rebound remains limited due to the USD's strong bullish momentum. Investors are likely waiting for this week’s US inflation data and key speeches from Federal Reserve officials, including Chair Jerome Powell, before making further moves. ⭐️Personal comments NOVA: Gold price moves in wave 3 according to Elliot, decreasing in price by the end of 2024 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2656 - $2658 SL $2663 TP1: $2648 TP2: $2635 TP3: $2620 🔥BUY GOLD zone: $2604 - $2602 SL $2599 scalping TP1: $2610 TP2: $2620 TP3: $2630 🔥BUY GOLD zone: $2575 - $2577 SL $2570 TP1: $2585 TP2: $2593 TP3: $2600 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDShort
by Nova-Scalper
4
XAU ! 11/12 ! Continue the downtrend ! 2580XAU / USD trend forecast November 12, 2024! SCALPING Gold prices (XAU/USD) continue to decline during the first half of Tuesday's European session, dropping below $2,600 for the first time since September 20. Investors remain focused on the “Trump trade,” which strengthens the US Dollar to a four-month high, adding pressure to gold for the third consecutive day. Additionally, expectations that Trump’s expansionary policies will drive economic growth and inflation are likely to restrict the Federal Reserve’s need for further easing. This keeps US Treasury yields high, diverting interest away from the non-yielding gold as markets await key speeches from prominent FOMC members. break support 2610 - gold price continues to fall below 2600. Wait for retest 2610, SELL signal following downtrend /// SELL XAU : zone 2608-2611 scalping SL: 2614 TP: 40 - 80 - 150 pips (2596) Safe and profitable trading
OANDA:XAUUSDShort
by Moon-ForexAcademy
1
Gold enters a long-term bearish-adjustment cycle⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) adds to last week's heavy losses and remains under some selling pressure for the second successive day on Monday. The US Dollar (USD) holds steady below a four-month peak touched last week in the wake of optimism over Donald Trump's anticipated expansionary policies and turns out to be a key factor undermining the commodity. Furthermore, President-elect Trump has vowed to cut corporate taxes, which remains supportive of the risk-on mood and contributes to driving flows away from the safe-haven precious metal. Meanwhile, expectations that Trump's policies could spur economic growth and inflation and restrict the Federal Reserve's (Fed) ability to cut interest rates more aggressively keep the US Treasury bond yields elevated. This, in turn, exerts additional pressure on the non-yielding Gold price, though bets for further Fed rate cuts could offer some support. Traders might also opt to move to the sidelines ahead of this week's release of the latest US consumer inflation figures and speeches by influential FOMC members, including Fed Chair Jerome Powell on Friday. ⭐️Personal comments NOVA: At the end of the year, there is almost no important news to help gold prices increase in 2024. The adjustment at the end of 2024 will cause gold to decrease. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2685 - $2687 SL $2692 TP1: $2678 TP2: $2665 TP3: $2650 🔥BUY GOLD zone: $2666 - $2664 SL $2659 TP1: $2672 TP2: $2680 TP3: $2690 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDShort
by Nova-Scalper
1
Scalping XAU ! decreasing trend M15SCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Trump's win has raised questions about whether the US Federal Reserve might slow its pace of rate cuts, supporting the Greenback and pressuring USD-denominated Gold. "The dollar and yield rally is weighing on gold, as rising real interest rates typically reduce demand for safe-haven assets," said Matthew Jones, precious metals analyst at London’s Solomon Global. "However, from a broader perspective, the outlook remains ‘as good as gold,’” he added. ⭐️Personal comments NOVA: Trendline M15 - downtrend - break and retest sideway M15 XAU/USD ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2669 - $2671 SL $2674 TP1: $2664 TP2: $2658 TP3: $2650 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDShort
by Nova-Scalper
1
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..... 🫂
FXOPEN:XAUUSDShort
by Thief_Trader
Everyone selling GOLD to buy Bitcoin???Hey guys! New trading week is here, and we're entering market with Bitcoin ATH. Today I want to talk a bit about gold. And here are some interesting moments. First time since April we finally can see MA cross on a daily chart, and price of Gold is reacting with a big red candle. Also, as a confirmation, we can see that the volumes are descending and RSI is heading to low edge. Seems like after BTC ATH some money are flowing from Gold to Bitcoin. The target by Fibo can be zones 0.5 and 0.618. What you think, guys, is really people starting to reinvest money from real gold to digital gold? Let's discuss PS. If you're planning to trade the movement, follow the risk ratio, which I marked.
CAPITALCOM:GOLDShort
by SheTradesHub
XAU ! 11/11 ! XAU sideway , wait retest 2681XAU / USD trend forecast November 11, 2024! SCALPING Gold prices saw their sharpest weekly drop in over five months as the US Dollar strengthened broadly and US Treasury yields surged after Donald Trump's presidential win. The "Trump trade" momentum keeps supporting the Greenback, adding pressure to gold prices for the second day on Monday, with equity markets maintaining a positive outlook. Gold is still sideways around the price range of 2664 - 2675, waiting for a break and entering orders following the trend. Waiting for the retest range of 2681 to set up a SELL signal. /// SELL XAU : zone 2681-2684 scalping SL: 2687 TP: 40 - 80 - 150 pips (2669) Safe and profitable trading
OANDA:XAUUSDShort
by Moon-ForexAcademy
3
Why Gold Could See a 15% Correction Before the Next RallyGold, sitting at around $2,700, boasts an impressive 32.1% YTD performance. However, we're anticipating a significant 10-15% correction from current levels. This past week's market dynamics are telling: the Russell 2000 surged 8.57%, $500B flowed into crypto markets signaling renewed risk appetite, while gold recorded its steepest weekly drop (-1.98%) since May 2024. While these factors shape our near-term bearish outlook, persistent economic risks reinforce our long-term bullish stance on gold for the next couple of years.
COMEX:GC1!Short
by Flow-Trade
XAU! 11/8! Create liquidity for the downtrendXAU / USD trend forecast November 8, 2024 Gold prices rose above $2,700 after the Federal Reserve cut interest rates and noted that US election impacts are unlikely to be immediate. Currently, XAU/USD is trading at $2,704, up over 1.7%. Wall Street gained further as the Fed unanimously lowered the federal funds rate by 0.25%. In its statement, the Fed pointed to solid economic growth, though labor market conditions have weakened slightly. Officials also observed that inflation is closer to the Fed’s 2% target but remains somewhat elevated. Long term framework - gold price is still in a downtrend. Market recovered thanks to FED continuing to cut 0.25% as expected. Short term recovery /// SELL XAU : zone 2719-2722 SL: 2727 TP: 50 - 150 - 300 pips (2692) /// BUY XAU : zone 2667-2664 SL: 2659 TP: 50 - 150 - 300 pips (2694) Safe and profitable trading
OANDA:XAUUSDShort
by Moon-ForexAcademy
1
XAU/USD ! 11/8 ! downtrend line / scalping XAU / USD trend forecast November 8, 2024! SCALPING Gold price (XAU/USD) stays below $2,700 as the European session approaches on Friday, weighed down by a slightly stronger US Dollar (USD) amid optimism that Trump’s policies may boost economic growth and inflation. Additionally, a generally positive risk sentiment is reducing demand for the safe-haven metal, pausing its recent recovery from the 50-day Simple Moving Average (SMA) support, after hitting a three-week low on Thursday. Still following the downtrend - waiting for trendline and retest 2689, scalping down today /// SELL XAU : zone 2689-2692 scalping SL: 2695 TP: 40 - 80 - 150 pips (2677) Safe and profitable trading
OANDA:XAUUSDShort
by Moon-ForexAcademy
3
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!
FOREXCOM:XAUUSDLong
by Wealth_Waves
1