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Xauusd(w)

Trading minute impulseOn the minute timeframe of XAUUSD at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.
FXOPEN:XAUUSDShort
by syomking76418
Gold Dips After Rally: Is This the Perfect Buy Opportunity?Hello wonderful friends! Today, gold prices are showing signs of correction after a period of strong growth, currently hovering around the support level of 2750 USD. Profit-taking pressure after the recent surge has dragged gold prices lower, but the precious metal has maintained its growth momentum for the fourth consecutive month thanks to safe-haven demand. In Ben's view, gold may enter a consolidation phase, fluctuating between 2750 - 2716 USD before entering a tense period with the US election and the important Fed meeting. Moreover, geopolitical factors and uncertainty ahead of the election results will continue to support gold, while investors seem to be taking advantage of the opportunity to "buy on correction".
OANDA:XAUUSD
by Bentradegold
XAU/USD 06 November 2024 Intraday AnalysisH4 Analysis: Analysis/bias remains the same as analysis dated 31 October 2024 -> Swing: Bullish. -> Internal: Bullish. Gold’s rally persists, driven by the Fed’s dovish stance and heightened geopolitical tensions, strengthening its safe-haven appeal. Price has recently printed higher highs, bringing CHoCH positioning significantly closer to current price level. A bearish CHoCH has printed, signaling the first indication, though not a confirmation, of a potential bearish pullback phase initiation. Price is now trading within an established internal range. Intraday Expectation: Price is expected to continue bearish, potentially reacting at the H4 demand zone or the discount of the H4 internal 50% EQ before targeting the weak internal high. We should however remain mindful that Daily TF is showing very early signs of bearish pullback phase initiation. Therefore, price could potentially print a bearish iBOS. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. As outlined in yesterday's intraday analysis dated 05 November 2024, I mentioned that price was expected to target the weak internal low. Price printed to this expectation, successfully targeting the weak internal low and printing a bearish iBOS. While price has not yet printed a bullish CHoCH, it has moved up to the premium of 50% EQ, allowing me to confirm the internal structure. Intraday Expectation: Price is anticipated to target the weak internal low. Note: Given the ongoing Presidential elections, the Fed’s softer stance, and heightened geopolitical tensions, price is expected to remain highly volatile. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Ready for the US election, GOLD still fluctuates quite modestlyOANDA:XAUUSD volatile without a clear trend, as uncertainty over the US election has fueled market expectations of a controversial outcome and possible political tensions, while investors also Close attention should be paid to the Federal Reserve this weekend during their monetary policy meeting. The US presidential election takes place on Tuesday, with polls showing Democratic candidate Kamala Harris and Republican candidate Donald Trump in a tight race for the White House. A Reuters/Ipsos poll last month showed public fears that the US could repeat the riots that followed Trump's 2020 election loss, when hundreds of people stormed the country after he claimed that his defeat was due to fraud in Congress. If Trump wins, I think gold will fall then rise quickly again because a Trump win will benefit the Dollar and a stronger Dollar means gold will be under direct correlation pressure. However, we will not forget that under Trump, the tariff war and his policies created a long period known as the “Trade War”, which has caused gold prices to increase ever since. up to now. Another focus this week is the Federal Reserve's interest rate decision on Thursday, with markets expecting a 25 basis point rate cut. Gold is considered a hedge against economic and political instability and often performs well when interest rates are low. Analysis of technical prospects for OANDA:XAUUSD On the daily chart, gold has reached the support level most recently noticed by readers in the previous issue at the horizontal support level of 2,725 USD. There has been a slight recovery as of the time this article was completed, but the level of recovery is not significant as the operating amplitude is still very slow while the downward RSI has not been reached yet. level 50, level 50 is considered a support or resistance point depending on the RSI's movement conditions. In the short term, if gold moves above 2,745 USD, the resistance point you noticed in the previous publication, it will have the conditions to continue to increase further with a target of around 2,768 USD in the short term. , more than the 2,786USD price point of the 0.50% Fibonacci extension. In a more negative case, gold breaks below 2,725 USD, it is likely to decline further with a target of 2,709 USD in the short term more than the original price of 2,700 USD which is also the price point of the 21-day moving average EMA21. Therefore, the short-term long-term protection level should be set behind the level of 2,725 USD, in the longer-term case the long-term open position protection level should be set behind the original price level of 2,700 USD. In the immediate future, gold still has an upward trend in the medium and long term with support for the above mentioned price increase, and notable points will be listed as follows. Support: 2,725 – 2,709 – 2,700USD Resistance: 2,745 – 2,768 – 2,786USD SELL XAUUSD PRICE 2777 - 2775⚡️ ↠↠ Stoploss 2781 →Take Profit 1 2770 ↨ →Take Profit 2 2765 BUY XAUUSD PRICE 2703 - 2705⚡️ ↠↠ Stoploss 2699 →Take Profit 1 2710 ↨ →Take Profit 2 2715
OANDA:XAUUSD
by Xayah_trading
GOLD is waiting for more information from the electionOANDA:XAUUSD Still waiting for more information from the US Presidential election for a medium-term trend, investors need to prepare for political tensions after polls showed Donald Trump and Kamala Harris are both tied. each other on scores. The presidential election still has a very high possibility of a controversial result, and remember that in the 2020s when Trump lost the race for the White House, there were many riots in the US. protests led to mild political tensions. With the tight race between former President Trump and Vice President Harris for control of the U.S. Congress at stake, in the event the result is unclear or controversial, this could aggravate further political instability. Trump has repeatedly said that any defeat can only come from widespread fraud, echoing his claims in 2020. If the margins in key states are as close as expected, there is It may take several days to know the final winner. Additionally, the Federal Reserve is expected to cut interest rates by 25bps on Thursday, following a sharp cut in September, while adding to US interest rate cuts this year. Gold is considered a hedge against economic and political instability and tends to perform strongly when interest rates are low. This has helped gold gain nearly 33% this year so far. Analyze technical prospects OANDA:XAUUSD On the daily chart, gold's technical structure has not changed much. For more than 3 trading sessions, it has mainly moved sideways, because there has been no sudden impact from the fundamental factors. Support at $2,725 helped gold recover yesterday but the RSI is still pointing down without reaching the nearest support level at 50. This shows that gold can still A little more bearish, and once the $2,725 support level is broken below it will be open to a little more downside with a target then around $2,709 – $2,700. However, on the daily chart overall, gold still has conditions to increase with the main long-term price channel supporting the uptrend and the same with the medium-term price channel. The most notable support is the EMA21 level which is also keeping gold above it. During the day, gold's main technical outlook is bullish with notable technical points listed as follows. Support: 2,725 – 2,709 – 2,700USD Resistance: 2,745 – 2,768 – 2,786USD SELL XAUUSD PRICE 2777 - 2775⚡️ ↠↠ Stoploss 2781 →Take Profit 1 2770 ↨ →Take Profit 2 2765 BUY XAUUSD PRICE 2703 - 2705⚡️ ↠↠ Stoploss 2699 →Take Profit 1 2710 ↨ →Take Profit 2 2715
OANDA:XAUUSD
by Xayah_trading
3
Gold Price Is About To Hit Lao Doc? Opportunity To Take Profit!Today, gold is showing signs of a potential bearish move on the technical front, highlighted by a significant crossover between the 34 EMA and the 89 EMA on the hourly chart. This crossover point, in theory, often indicates a potential trend reversal, suggesting a shift from recent bullish momentum to a potential bearish trajectory. Technical Analysis Overview: As illustrated on the provided chart, gold is currently trading around $2,736, with key support levels identified below. Targets for a bearish move are charted at approximately: Target 1: Near $2,720, which aligns with recent support zones. Target 2: Around $2,710, which provides deeper support if price falls below the first target. Key Factors: USD Strength: The recent strengthening of the US dollar has put downward pressure on gold prices, as investors typically view the dollar and gold as having an inverse relationship. Any further strengthening of the dollar could reinforce the bearish move for gold. Interest Rate Expectations: Market participants are closely watching for any indications from the Federal Reserve regarding future interest rate hikes. Higher interest rates typically weigh on non-yielding assets like gold, making them less attractive to investors. Geopolitical Tensions: While geopolitical factors have supported gold prices in recent weeks, any easing of tensions could lead to reduced safe-haven demand for the metal. Trends and Strategy: With the recent EMA crossover signaling a potential trend reversal, traders may consider a short position with conservative targets, initially focusing on the $2,730 level. If the price breaks below this level, the next support level at $2,720 could act as a secondary target.
OANDA:XAUUSDShort
by AmbaniFX
GOLD → The SMAs are hinting that it's about time ... News!FX:XAUUSD is forming a phase of correction, the reason for which is the change of fundamental background. The pressure from sellers is increasing, and the market is forming a key support at this time... Disappointing NFP data was offset by hot wage inflation data. The U.S. labor market report failed to deter dollar buyers as it had limited impact on market pricing in Fed meeting expectations. Which had a negative impact on the price of gold... All eyes are now on the US presidential election on November 5, and the outcome of the Fed meeting on Thursday. Markets believe that Trump's policy will put upward pressure on inflation, bond yields and the dollar, while if Harris wins, the dovish policy will continue. Technically, traders are taking a wait-and-see approach. The price is forming a range, and most likely gold will trade inside this channel in the near term Resistance levels: 2745, 0.5 and 0.7 Fibo, 2758 Support levels: 2731, 2724, 2713 SMAs are tending towards each other, which could be a mixed reaction from traders. Markets are prioritizing a Republican victory, in fact, this could intensify gold's correction. But the denouement of the presidential race is tomorrow! For now, the focus is on the flat boundaries! Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
29
1 hour XAUUSD analysisGold price chart (XauUSD) in the current 1 hour frame reveal a potential picture with key price areas as follows: Strong support area: The area around $ 2,730 has proved the role of a "wall" of solid support, where the price many times found the thrust up. This price is creating great expectations for investors to buy, hoping to take advantage of the increase in this area. Signs of weakness of the downtrend: Trendline reduces the green color that has been slightly broken, referring to that selling pressure shows signs of slowing down. However, in order to officially confirm the price increase signal, the chart should show that the price exceeds the next resistance threshold. Expect the upper resistance area: If the purchasing force appears and pushes gold prices up, the first resistance levels to be observed will be $ 2,747, followed by $ 2,758 and 2,760 USD. These are the "walls" of the price that the buyer needs to conquer to strengthen the trend of short -term increase. Potential trading strategy: Investors can consider the purchase strategy if they see clear recovery signals from the $ 2,730 support area. The goal will be the above resistance areas. But if the price does not hold this support level and decreases deeper, the short -selling strategies may be considered with the expectation of the price continued to go down.
OANDA:XAUUSDLong
by Bentradegold
The Best Level to short USDCAD TP +250/+500 pips🔸Hello traders, let's review the daily chart for USDCAD today. Trading near premium prices of the multiyear range, established in 2023. Currently risk/reward is shifting in bears favor, so it's recommended to look for sell side setups in this market. 🔸Range highs set at 3800, premium prices overhead at 3880 3960 range lows set at 3300 and premium prices below at 3140 3240 current bid is 3885. 🔸Recommended strategy for USDCAD traders: focus on short selling any rips/rallies near market price. price is currently trading near premium levels and is maxed out already, limited upside. TP1 bears +250 TP2 bears +500 pips keep in mind this is a swing trade setup so naturally will take more time to complete / hit both targets. good luck traders! 🎁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.
Short
by ProjectSyndicate
19
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.
TVC:GOLDShort
by ActuaryJ
1
Gold Drops as USD and Bond Yields SoarGold (XAU/USD) is struggling to capitalize on its recent recovery. Strong demand for the U.S. dollar (USD), supported by polls showing Republican candidate Donald Trump leading in key battleground states, is putting pressure on the precious metal. Additionally, the sharp rise in U.S. Treasury yields and the increasing risk appetite are further limiting the appeal of gold, a non-yielding asset. Looking at the 4-hour technical chart, gold is fluctuating between 2.735 and 2.739, continuing its downward trend. The 2.725-2.720 zone is expected to remain a strong support level, and if gold breaks below this range, it could quickly slide toward the 2,700 level. On the other hand, the 2.748-2.750 zone is currently the nearest resistance, preventing gold from moving higher and causing it to fall below this level. This is my prediction. What do you all think about gold's price today?
OANDA:XAUUSD
by Alisa_Rokosz
XAUUSD Faces Resistance: Pullback or Breakout?The 4-hour chart of XAUUSD on November 6 shows gold encountering strong resistance at 2,756.216 USD/oz, with the 34 and 89 EMA lines forming a major barrier. If the price fails to break through this level, there is a high probability of a pullback to the support zone around 2,729.381 USD/oz, potentially dropping further to 2,717.105 USD/oz if selling pressure increases. Investors should watch the price action at these support and resistance levels for informed decisions, especially as the USD remains strong due to monetary policy factors and geopolitical risks.
OANDA:XAUUSDLong
by Zola_Hello
Heading into 50% Fibonacci resistance?XAU/USD is rising towards the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 2,759.46 Why we like it: There is a pullback resistance level that aligns with the 50% Fibonacci retracement. Stop loss: 2,790.71 Why we like it: There is a pullback resistance level. Take profit: 2,715.59 Why we like it: There is a pullback support level that aligns with the 38.2% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:XAUUSDShort
by VantageMarkets
Bearish breakout?XAU/USD is falling towards the support level which is a pullback support which aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit. Entry: 2,720.15 Why we like it: There is a pullback support level that aligns with the 38.2% Fibonacci retracement. Stop loss: 2,758.32 Why we like it: There is a pullback resistance level that lines up with the 50% Fibonacci retracement. Take profit: 2,686.32 Why we like it: There is a pullback support level that is slightly above the 61.8% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:XAUUSDShort
by VantageMarkets
Bearish drop?XAU/USD is rising towards the pivot and could drop from this level to the pullback support. Pivot: 2,758.49 1st Support: 2,720.04 1st Resistance: 2,791.74 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:XAUUSDShort
by ICmarkets
XAUUSD - Stable transactions around 2750 USDOn the 1-hour chart, gold is currently trading around 2,745 USD/ounce, testing a key resistance zone (highlighted in yellow). This level has been challenging to break, indicating that selling pressure remains strong in this area. Key Points to Note Resistance and Support: The current resistance at 2,748 USD is proving difficult to surpass. If gold fails to break above this level, a correction down to the support zone between 2,732 - 2,728 USD is likely. Short- and Long-term EMAs: The EMAs indicate that the bearish trend remains in place, with selling pressure still dominant in the market. If gold fails to break through the 2,748 USD level, we could see a drop towards the support area at 2,732 USD. However, if it manages to break past this resistance, the next target on the upside would be around 2,756 USD.
OANDA:XAUUSD
by Chipucu
Top Resistance Points in XAUUSDOur XAUUSD market analysis highlights a key sell level at 2750-2756, with an extreme sell zone around 2772-2776, where we expect significant selling pressure to develop. These levels are critical for those looking to capitalize on potential resistance in XAUUSD. On the buy side, our support area is set at 2702-2698 , suggesting a buy opportunity if the price revisits this range. However, given today's emphasis on the sell zones, these levels may see stronger market activity. Keep an eye out for any major USD news today, as it could impact these levels. If this analysis adds value to your trading strategy, a boost would be greatly appreciated—it’s always motivating to know my insights are valuable!
FOREXCOM:XAUUSDShort
by bluechipfx
XAUUSD - Gold 3Month (quarterly)Overview: Gold and silver have performed remarkablely in 2024, emerging as the two best-performing assets of the year. Precious metals often serve as safe-haven assets during times of economic uncertainty, and this year has proven no exception. Investors have flocked to them as hedges against inflation and market volatility, helping to drive their values upward. By the end of October, silver had surged by 42.4 percent, a dramatic increase that reflects growing demand and limited supply. Gold, similarly, has gained 33.7 percent, solidifying its role as a reliable store of value. These gains in the precious metals market outpaced other commodities and most traditional financial assets. For comparison, the NASDAQ—the best-performing stock index—has gained 24 percent over the same period. This robust performance in the NASDAQ reflects strength in technology stocks, yet it still falls short of the exceptional growth observed in gold and silver. Such trends highlight the unique appeal of precious metals, especially during periods of market turbulence and geopolitical tension. Watch the RSI as another blue candle will indicate a Q4 bullish momentum that may continue into the New Year. As for a Red Q4 Candle... This may push the RSI below the 80, creating a bearish Divergence in the LONG term. This Pullback may even look like a trend reversal. Keep in mind a healthy market needs to retrace. Key Levels: 2450 2315 2235 (Support)
FX:XAUUSD
by nikdobii
Gold range oscillates, operation suggestionsFrom the daily chart, the daily MA5-MA10 of gold is about to stick together to form a dead cross. In the 4-hour chart, the continuous negative pattern makes the price continue to run below the short-term moving average, and the short-term moving average continues to form downward resistance. Among them, the 10-day moving average and the 5-day moving average constitute double pressure. In addition, other periodic indicators turn to short positions, and the Bollinger Bands are also biased downward as a whole, which is conducive to the development of short positions. For intraday operations, it is recommended that gold continue to rely on the high point of 2750 to carry out high-altitude layout in the short term. The white market will first look at the test of 2718, and the late market will directly look at the break and extension of 2710. Pay attention to the pressure of the 2748-2750 area during the day. When the gold price approaches or touches it, decisively carry out short-term layout, and the target is a new low.
OANDA:XAUUSD
by btxebtxe