XAUUSD Trade Update: Opportunities Ahead!Hey Guys, here's the latest update on XAUUSD.
We've had a solid run with gold recently, although we faced a small loss yesterday. Don't worry, though—there are plenty of opportunities coming up!
Update :
XAUUSD has broken through the channel and is currently testing the resistance level.
Trend :
In the short term, the bearish momentum is weak. However, the long-term trend remains strong, so we shouldn't go against the overall market direction.
Scenario :
At the moment, XAUUSD is testing the 2643 midrange as resistance. If it breaks back above this level, as indicated by the arrows on the chart, I’ll re-enter the trade and go long. My first target will be 2710, and the second target will be the higher range at 2790.
First Target: 2710
Second Target: 2790
Stay tuned for more updates and follow along for the next moves!
Tradingsignals
GARWARE New Short Trade OpportunityGARWARE TECH (15-Minute Timeframe) - Short Trade Opportunity
Trade Setup:
A clear short trade setup has emerged on the 15-minute timeframe for Garware Tech using the Risological swing trading indicator . The entry signal indicates a strong bearish move, supported by the break below key support levels.
Key Levels:
Entry: 4419.05
Stop Loss (SL): 4602.05
Take Profit Targets:
TP1: 4192.90
TP2: 3827.00
TP3: 3461.05
TP4: 3234.90
Technical Indicators:
The bearish crossover and the downward trajectory of the moving averages highlight the weakening momentum. The Risological Swing Trader Indicator confirms a high-confidence short entry with well-defined targets.
Strategy Note:
Traders are advised to monitor price action near TP1 and TP2 for potential retracements. Adjust stop-loss levels dynamically as the trade progresses to protect profits.
This short trade setup offers a promising risk-reward ratio for intraday traders! Stay disciplined and let the technicals lead the way.
Gold Analysis November 19Fundamental Analysis
Gold prices attracted some safe-haven flows after posting its biggest weekly decline in more than three years last week and snapped a six-day losing streak on Monday amid rising geopolitical tensions. In addition, falling US Treasury yields prompted some profit-taking in the US Dollar (USD) following its post-US election rally to fresh yearly highs and turned out to be another factor in favour of the non-yielding yellow metal.
USD bulls remained on the defensive in Asian trade on Tuesday, supporting Gold’s further recovery from a two-month low touched last Thursday. Meanwhile, expectations that US President-elect Donald Trump’s policies will reignite inflationary pressures and limit the scope for further rate cuts by the Federal Reserve (Fed). This will keep US bond yields high and benefit USD speculators, which could limit XAU/USD
Technical Analysis
The technical resistance level of 2624 that Gold is facing will be very important in today's European trading session, the uptrend is relatively strong and there has not been much recovery in price. The 2595 zone is considered the target of all the downtrends today. The 2648-2650 zone is the main resistance zone today. In a strong uptrend, you should prioritize BUY signals at 2615 at old breakout points to have the best strategy for yourself.
The yellow precious metal recovered as the USD weakened.The yellow precious metal recovered as the USD weakened. The DXY index measuring the greenback's strength fell to 106.21 points. However, US Treasury bond yields continue to rise, leading many experts to limit gold's gains.
According to analyst James Hyerczyk at FX Empire, the gold recovery occurred when the USD temporarily paused below its highest level in a recent year, making gold more attractive to investors who do not use it. Use USD.
Hyerczyk emphasized that the 2,604.39 resistance mark is “an important technical level” that traders are watching closely. “If this level is sustained, the price could rally sharply, towards the 50-day moving average at 2,653.63 and the retracement zone from 2,663.51 to 2,693.40,” he said. However, Hyerczyk warns that if there is renewed selling pressure at higher levels, this could indicate continued downward pressure on gold prices.
Conversely, he said a fall in gold prices below 2,536.85 would signal weakness and the potential for a deeper decline towards the 200-day moving average at 2,403.46. He also added that traders will closely monitor comments from Fed officials this week for a clearer view of monetary policy. “Upcoming US economic data, such as housing and manufacturing reports, will also influence the direction of gold prices,” he said.
Gold Price Analysis November 18Fundamental Analysis
Gold extended its recovery to test $2,600 amid rising Russia-Ukraine tensions, ending a six-day losing streak. The latest gold rally could be due to rising Russia-Ukraine geopolitical tensions after the United States authorized Ukraine to use long-range US weapons to attack Russia.
The greenback’s rally following Donald Trump’s election victory could put some selling pressure on USD-denominated gold. Expectations of higher inflation next year due to Donald Trump’s policies have led to fewer expected rate cuts.
In addition, traders have reduced expectations of lower interest rates in December after Fed Chairman Jerome Powell said the US central bank would not rush to cut, citing “remarkable” economic performance. Higher interest rates tend to drag gold prices lower, as it makes holding non-yielding assets like gold less attractive.
Technical analysis.
Gold prices have reacted at the EMA 34 zone, which is also an important dynamic resistance zone in the Asian session. The price zone of special note today is 2617-2615 at the upper boundary and the Asian session breakout support zone this morning is around 2575. The possibility of an uptrend and the formation of wave 3 has also been established according to the technical chart, so BUY signals will be prioritized today.
EURUSD Possible Up correctionEURUSD has reached the psychological level of 1.0500 and, on the 1-hour timeframe, has formed a double bottom pattern, suggesting a potential slowdown in selling pressure. The price is currently moving sideways above this level, indicating possible consolidation. Notably, approximately a year ago, the price surged from this support zone, identifying it as a demand zone. With the DXY (U.S. Dollar Index) reaching a strong resistance zone, there's potential for a reaction that could lead EURUSD to pull back toward the downward trendline. The target is the resistance zone around 1.0635
GBPCHF: Bearish Move After Breakout 🇬🇧🇨🇭
GBPCHF looks bearish after a retest of a recently broken horizontal support.
The price formed a double top on that and then continued falling with
a high momentum bearish candle.
I believe that the pair will reach 1.118 / 1.117 levels soon.
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Trading opportunity for XAUUSD Gold _ Flag PatternBased on technical factors there is a Buy position in :
📊 XAUUSD
🔵 Buy Now or by Analysis
🪫Stop loss 2553.000
🔋Target 1 2615.000
🔋Target 2 2655.000
💸RISK : 1%
We hope it is profitable for you ❤️
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GBPUSD analysis week 47🌐Fundamental Analysis
UK employment figures largely beat expectations, but wage growth fueled inflation concerns. While jobless claims were lower than forecast, the number of people claiming unemployment benefits still rose from the previous month's revised figure.
The Bank of England's (BoE) latest Monetary Policy Report is due out on Wednesday morning, and investors will be looking for hints on how the BoE plans to deal with the unbalanced UK economy that continues to struggle with inflation numbers. On the US side, key CPI inflation figures are due to hit the market. Headline CPI inflation is expected to have edged higher to 2.6% year-on-year from September's 2.4%. Core CPI inflation is expected to have held steady at 3.3% year-on-year. The monthly figures for both inflation are generally expected to remain unchanged from the previous month.
🕯Technical Analysis
The downtrend is still showing no signs of stopping for GBPUSD. The next important support zone that the pair is aiming for is 1.2470, which is the old bottom area that saw strong price reaction from buyers in May. Besides, the possibility that the pair will still stick to the trendline and fall to this support zone, when the buying force is strong enough to break the trendline, the market will also turn around. Hopefully, the bullish waves can break the trendline and form an uptrend towards the resistance of 1.271-1.277-1.286.
📉📈Trading signals
BUY GBPUSD 1.247-1.245 Stoploss 1.243
SELL GBPUSD 1.271-1.273 Stoploss 1.276
Analyzing BTCUSDT: Next Potential Breakout Zones - Bitcoin◳◱ On the $BTC/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests momentum building up for a significant move. Traders might observe resistance around 85635.01 | 90900 | 105565 and support near 70970.01 | 61570 | 46905. Entering trades at 90343.99 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Bitcoin
▣ Rank: 1
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Payments - Currencies
▣ Overview: Bitcoin is the first distributed consensus-based, censorship-resistant, permissionless, peer-to-peer payment settlement network with a provably scarce, programmable, native currency. Bitcoin (BTC), the native asset of the Bitcoin blockchain, is the world's first digital currency without a central bank or administrator. The Bitcoin network is an emergent decentralized monetary institution that exists through the interplay between full nodes, miners, and developers. It is set by a social contract that is created and opted into by the users of the network and hardened through game theory and cryptography. Bitcoin is the first, oldest, and largest cryptocurrency in the world.
◰◲ Technical Metrics :
▣ Mrkt Price: 90343.99 ₮
▣ 24HVol: 1,945,711,003.703 ₮
▣ 24H Chng: -0.456%
▣ 7-Days Chng: 13.30%
▣ 1-Month Chng: 34.19%
▣ 3-Months Chng: 51.53%
◲◰ Pivot Points - Levels :
◥ Resistance: 85635.01 | 90900 | 105565
◢ Support: 70970.01 | 61570 | 46905
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 6.34
▣ Last 90D: 3.62
▣ Last 1-Y: 1.91
▣ Last 3-Y: 0.51
◲◰ Volatility :
▣ Last 30D: 0.58
▣ Last 90D: 0.49
▣ Last 1-Y: 0.53
▣ Last 3-Y: 0.55
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth BTCUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
Don't Miss Out on BTC/USDT - Bitcoin.◳◱ On the $BTC/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 85635.01 | 90900 | 105565 and support near 70970.01 | 61570 | 46905. Entering trades at 90395.99 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Bitcoin
▣ Rank: 1
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Payments - Currencies
▣ Overview: Bitcoin is the first distributed consensus-based, censorship-resistant, permissionless, peer-to-peer payment settlement network with a provably scarce, programmable, native currency. Bitcoin (BTC), the native asset of the Bitcoin blockchain, is the world's first digital currency without a central bank or administrator. The Bitcoin network is an emergent decentralized monetary institution that exists through the interplay between full nodes, miners, and developers. It is set by a social contract that is created and opted into by the users of the network and hardened through game theory and cryptography. Bitcoin is the first, oldest, and largest cryptocurrency in the world.
◰◲ Technical Metrics :
▣ Mrkt Price: 90395.99 ₮
▣ 24HVol: 1,969,087,111.114 ₮
▣ 24H Chng: -0.354%
▣ 7-Days Chng: 13.27%
▣ 1-Month Chng: 34.16%
▣ 3-Months Chng: 51.67%
◲◰ Pivot Points - Levels :
◥ Resistance: 85635.01 | 90900 | 105565
◢ Support: 70970.01 | 61570 | 46905
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 6.34
▣ Last 90D: 3.62
▣ Last 1-Y: 1.91
▣ Last 3-Y: 0.51
◲◰ Volatility :
▣ Last 30D: 0.58
▣ Last 90D: 0.49
▣ Last 1-Y: 0.53
▣ Last 3-Y: 0.55
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth BTCUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
LTC thesis with RAG AI by Titan_KarmaGiven the current market conditions for LTC, there is a favorable opportunity to consider entering a LONG position. The recent news surrounding regulatory changes positively impacting altcoins, along with the bullish sentiment reflected in the financial analysis, suggests a potential upward movement for LTC. The price of LTCUSDT is currently at $89.74, with a significant trading volume of approximately 1.78 million, indicating strong market interest.
The technical analysis indicates a strong bullish trend, particularly on the daily timeframe where the RSI is above 70, suggesting overbought conditions. However, caution is warranted as the price approaches the upper Bollinger Band and resistance levels. The short-term indicators (1h and 15m) suggest a potential consolidation phase, which may lead to a pullback. Therefore, it is essential to monitor price action closely around the resistance levels and consider setting stop-loss orders to protect gains.
Incorporating real-time data from Coinglass, the open interest and funding rates indicate a bullish sentiment, which aligns with the current market dynamics. The long-short ratio consistently above 0.6 further supports the decision to consider a LONG position.
coinglass_data: The latest open interest for LTC shows a steady increase, indicating growing confidence among traders. The weighted funding rate remains positive, suggesting that long positions are favored. Liquidation levels are currently stable, providing a conducive environment for potential upward movement.
binance_data: The order book dynamics reveal significant buy walls at key support levels, which could act as a buffer against downward price movements. The price action signals indicate a bullish momentum, with candlestick patterns suggesting potential breakouts.
coinmarketcap_data: The volume data over the last 24 hours shows a healthy trading activity, with a liquidity score indicating strong market depth. The market cap of LTC has seen a positive change, reinforcing the bullish outlook.
sentiment: Current market sentiment analysis from Augmento.ai shows a predominantly positive sentiment towards LTC, with many traders expressing optimism about the upcoming price movements.
cryptocompare_data: The latest news and social media sentiment indicate a growing interest in LTC, particularly in light of recent developments in the cryptocurrency space.
Technical Analysis: The indicators suggest a strong bullish trend, but caution is advised due to overbought conditions. The RSI is currently at 61.37 on the 1-hour chart, indicating buying momentum, while the MACD shows a bullish crossover. The price is above the 50-period moving average, reinforcing the bullish outlook.
The top 3 BTC pairs exhibiting strong performance today include BTC/ETH, BTC/XRP, and BTC/LTC, which may provide correlated trend analysis for LTC.
TRADE RECOMMENDATION
json { "OUTCOME": "OPEN_LONG", "STOP_LOSS": "$87.50", "TAKE_PROFIT": "$92.00", "CONFIDENCE_LEVEL": "85%", "EXIT_POINT": "$90.00", "ENTRY_CRITERIA": { "TIMEFRAME": "1h", "RSI": "above 50", "MACD": "Bullish crossover", "MA20": "Price position above", "ATR": "Moderate volatility", "Bollinger_Bands": "Price approaching upper band", "Stochastic_Oscillator": "Condition indicates potential pullback", "News_Impact": "Positive", "Historical_Data": "Resistance around $90.00" }, "CURRENT_OPEN_LONG_POSITIONS": 0, "CURRENT_OPEN_SHORT_POSITIONS": 0 }
Gold price analysis November 14Fundamental Analysis
Gold (XAU/USD) fell for a fifth straight day and dropped to its lowest since September 19, around $2,554-$2,553 heading into the European session on Thursday. The commodity continued to be weighed down by the post-election rally in the US Dollar (USD) that has extended into the new year, bolstered by optimism about the expected expansionary policies of the incoming Trump administration.
Meanwhile, Trump’s potentially inflationary tariffs could force the Federal Reserve (Fed) to pause its easing cycle. Moreover, the US Consumer Price Index (CPI) released on Wednesday pointed to slower progress in lowering inflation and could lead to fewer rate cuts next year. This remains supportive of higher US Treasury yields and contributes to outflows from non-yielding gold.
Technical analysis
The technical price zone in the current European trading session is around 2648 2659. With the recovery from this zone, gold can recover to the 2587 zone in the near future and in the following days can reach back to the 2616 hook. But this scenario is relatively unlikely when the number of fomo sellers is quite large. When the 2648 zone is broken, the fomo chain continues to sell and pushes the gold price down to 2527 and 2503, so prioritize SELL signals at the present time when the price breaks out of 2648. Wish you a successful trading day.
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
HAL Swing trading Setup - Descending TriangleChart Analysis:
1. Descending Triangle Pattern:
• The chart shows a descending triangle with lower highs (LHs) forming resistance and a horizontal support zone. This pattern typically indicates a bearish continuation, though an upside breakout can happen.
• The trendline resistance appears well-respected, with a downtrend line pushing prices lower.
2. Resistance Levels:
• There is a resistance zone marked above current price levels.
• Resistance 1 and the trendline serve as a major area where a potential pullback could be seen.
3. Support Levels:
• A clear horizontal support level is visible, which has been tested multiple times, increasing the significance of a potential breakdown.
4. RSI Indicator:
• The RSI shows a downward trend but does not appear to be in oversold territory yet. This implies room for further downward movement but also warrants watching for a potential reversal signal.
Swing Trade Setup:
1. Bearish Scenario (Preferred based on the chart):
• Entry: Consider entering a short position if the price closes below the marked support zone with strong volume.
• Stop Loss: Place a stop loss above the descending trendline resistance to mitigate risk in case of a reversal or fake breakdown.
• Target 1: Use the measured move from the widest part of the triangle to estimate the potential target level for the downside move, aiming for key support levels below (e.g., 3,200-3,000).
• Target 2: If momentum is strong, trailing stops can help capture more of the move downwards.
2.Bullish Reversal Scenario:
• Entry: If the price breaks above the descending trendline with strong volume and closes in the resistance zone, it may invalidate the bearish pattern, indicating potential bullish momentum.
• Stop Loss: Set a stop loss below the breakout candle’s low to avoid potential false breakouts.
• Target 1: Aim for key resistance levels above, including previous swing highs.
• Target 2: Monitor RSI and volume for signs of overbought conditions.
Risk Management:
• Position Sizing: Ensure your position size aligns with your risk tolerance, ideally risking no more than 1-2% of your account balance per trade.
• Monitoring Volume: Increased volume on breakdown or breakout moves strengthens conviction in the trade direction.
• Adapting to Market Conditions: Be prepared to switch to the bullish scenario if the market sentiment shifts unexpectedly.
Caution:
• False breakdowns are possible, especially if volume is low or market sentiment shifts rapidly.
• Keep an eye on broader market trends and sector performance for additional cues on stock direction.
Disclaimer : This analysis is for informational purposes only and does not constitute financial advice or an investment recommendation. Trading in financial markets involves substantial risk, and you should be aware of your risk tolerance and investment objectives. Past performance is not indicative of future results. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. The author of this analysis is not responsible for any financial losses you may incur based on the information provided.
Gold Analysis November 13fundamental analysis
Gold prices pared some of their modest intraday gains, although they held above $2,600 heading into the European session on Wednesday. Uncertainty over the extent of trade tariffs promised by U.S. President-elect Donald Trump and their impact on the global economy dampened investor appetite for riskier assets, spurring some flows into the precious metal. In addition, some repositioning ahead of U.S. consumer inflation data turned out to be another supportive factor for the commodity.
Meanwhile, the U.S. dollar (USD) held steady at its highest level since early May amid hopes that Trump’s expansionary policies could boost inflation and limit the scope for Federal Reserve (Fed) rate cuts. The outlook still favors rising US Treasury yields, which, in turn, restrains any further upside for non-yielding Gold.
Technical Analysis
Yesterday, Gold fell back to the 618 Fibo extension level and this morning broke down from 2598 and flew up to 2613. We are currently waiting for a Break to find a Buy point, or at least a correction to the Retracement point at 2603 to detect a Buy signal, because at 2608 like this is a bit half-hearted. Choosing an uptrend for today, but it is only a correction, so before tonight's news, I will choose to buy with a short TP to the 2625 area (in case of breakout at 2615)
The SELL levels of 2625 - 2627, 2644 - 2646, 2658 - 2660 will be updated immediately at the time of real-time signal, the admins will notify.
The best Buy signal below is to wait for a break of 2593, the price will return to the levels of 2586, 2576 - 2574, a false break through 2565 to catch the entry of 2562 is also good, for other areas, scalp and don't expect too long, at least from the 2574 area onwards to think about holding.
Gold trading strategy november 12Fundamental Analysis
Gold prices fell to $2,600, or a fresh one-month low, heading into Tuesday’s European session on continued buying of the US dollar (USD). Investors remained hopeful that US President-elect Donald Trump’s expected expansionary policies could boost economic growth and boost inflation, limiting the scope for the Federal Reserve to ease policy. This sent US Treasury yields higher, further supporting the greenback and dragging the non-yielding yellow metal lower for a third straight day.
It was also the fourth negative move in the past five days for safe-haven gold, which appeared unaffected by concerns that Trump’s protectionist stance could spark a trade war. It will now be interesting to see whether the shorts retain control or choose to reduce their bets ahead of speeches from a host of influential FOMC members, including Fed Chair Jerome Powell, on Thursday. In addition, US consumer inflation figures on Wednesday will be looked at for clues on the Fed's rate cut path and provide fresh impetus to XAU/USD.
Technical Analysis
Gold prices broke the last support zone of 2606 and headed towards the 2582-2580 zone. Waiting for gold to close below the 2606 area on m30 and SELL signals to be established towards the 268x zone. Waiting for the early US session if the front port zone around 2592 is broken, then hold the sell signal to 258x. If it fails to break 2592, close SELL BUY at the beginning of the short scalp session back to zone 06 and continue SELL to trade within the range.
Gold Analysis November 11Fundamental Analysis
Gold prices held firm around the $2,672-$2,670 range as they entered the European session on Monday, looking vulnerable to extending their recent pullback from an all-time high hit on October 31. The US dollar (USD) remained slightly below a four-month peak hit last Thursday amid optimism over Donald Trump’s expected expansionary policies, becoming the main factor weighing on the commodity for the second straight day.
In the meantime, investors appear to believe that Trump’s policies could boost economic growth and boost inflation, while limiting the Federal Reserve’s ability to ease aggressively. This has helped keep US Treasury yields high and contributed to outflows from non-yielding gold. However, a lighter risk appetite could limit losses for the safe-haven XAU/USD as traders await US consumer inflation data and Fed Chairman Jerome Powell's speech later this week.
Technical Analysis
The key breakout zone of 2663-2665 acts as immediate support in the European session on Monday. When this zone is broken, we will not buy half and wait for a retest to sell the breakout to the 2643 zone. When the price bounces strongly from the 2670 zone, the trend is that we will wait to buy when there are Dow breakout points. Our targets are around the 2706 and 2726 zones for SELL plans.