XAUUSD SELL setup Gold price climbs above $2,650 on trade war concerns, sliding US bond yields and softer USD
Gold price sticks to modest intraday gains near a two-day high, above the $2,650 level, through the first half of the European session as geopolitical risks and US President-elect Donald Trump's tariff plans drive haven flows for the second straight day.
Hotter-than-expected US inflation data could raise further doubts about the Fed’s rate cut trajectory, reinforcing selling pressure around the Gold price.
The 21-day SMA crossed the 50-day SMA from above on a daily closing basis on Tuesday, confirming a Bear Cross.
Adding credence to the downside potential, the 14-day Relative Strength Index (RSI) remains below the 50 level, currently near 47.
Therefore, any upside attempts in Gold price could likely be sold into unless buyers find acceptance above the 21-day SMA and 50-day SMA crossover near $2,660.
The next topside barriers are at the $2,700 level and Monday’s high of $2,721.
Alternatively, the immediate support is at the previous day’s low of $2,605, below which a drop toward the 100-day SMA at $2,569 remains in the offing.A ceasefire between Israel and Lebanon helped reduce the haven demand for the Greenback, exerting additional downward pressure even though the Minutes of the US Federal Reserve (Fed )November meeting showed that officials were divided on further rate cuts.
Reuters reported, “a ceasefire between Israel and Iran-backed group Hezbollah came into effect at 0200 GMT on Wednesday after U.S. President Joe Biden said both sides accepted an agreement brokered by the United States and France.”
Xauusdanalysis
Hold on to the short position and don't give up!Bros, gold once rose to around 2658. Seeing the sharp rise in gold in the short term, have you given up your short position?
I still insist on holding short orders near 2653. Although gold rose sharply to near 2658 in a short period of time, it did not break through the 50% dividing line in the 2660-2665 area; and the daily level resistance is also located near 2660. and the daily level resistance is also located near 2660. So I have reason to believe that after gold fails to effectively break through the 2660-2665 area, it will usher in a wave of retracement in the short term, and the retracement target is 2640-2635 area.
Therefore, I still continue to hold a short position in gold and look forward to a good result and continue our winning streak!
Bros, have you shorted gold like me? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
GOLD LONG-TRADE SETUP - NOV 26🚨 Gold Trade Setup – Nov 26 🚨
Hey Traders!
Check out our latest setup for FX:XAUUSD XAUUSD (Gold). 🟡 Here's what you need to know:
📌 Trade Plan:
We’re waiting for tomorrow’s market sentiment and report outlook before triggering a market order. No pending orders for now.
📈 Buy Conditions:
Price must break above $2640 with a clear candle close to confirm trend continuation.
💡 Key Insights:
Current structure suggests a short-term breakout and retest, likely followed by a continuation of the bullish trend.
Be cautious of any perceived sell setups—they may just be bearish traps, especially with the 38.2% Fibonacci SR holding strong.
Fundamentals remain strongly bullish for Gold.
📊 Action Step:
Recreate the setup on your chart, place alerts, and be ready for tomorrow’s confirmation. Let’s trade smarter, not harder! 🚀
Cheers, and happy trading! 🫡✨
The most accurate gold trading signalsGold 4-hour level: Last night, it was under pressure and fell below the 10-day moving average, which was in line with the principle of weakness; and today, the Asian and European sessions fluctuated slowly upward and broke through the 10-day moving average, which showed some rebound strength. For tonight, the middle track 2658 is the next test. Once it fails to break through it, it will rise and fall again; Gold hourly level: From yesterday to now, the trend has been in the oscillating upward channel in the figure. Before the upper and lower tracks have broken through effectively, we should rely on the upper track to be bearish on highs and the lower track to be bullish on lows; At present, the upper track 2653 has some There are signs of pressure. The lower rail supports the upper rail in the range of 2633-30. If it repeatedly tests the upper rail, the derived pressure will be 2656. The important data tonight is 23 points of PCE. Once it rises as expected, it will suppress the gold price, which will easily swallow up the day's gains. Therefore, tonight, we tend to be bearish on rallies below 2653-56, and pay attention to the gains and losses of the lower rail support 2633-30. If it stabilizes and stabilizes, consider a rebound. If the big negative is lost, the weak pressure will continue, and then pay attention to the support of 2605.
It is recommended to go short near 2660, stop loss at 2670, target at 2648-2640; it is recommended to go long near 2630, stop loss at 2625, target at 2650-2658;
Gold rebounded beyond expectations, what to do?Today, gold successfully broke through the high of 2640 in the European session and has reached near 2655. The short-term bullish and bearish situation changed quickly, but the huge negative decline in the daily line laid the foundation for bearishness. Tonight's US session is expected to be a trend of rising and falling. Pay attention to the pressure near 2658 on the top and the support of 2630 on the bottom. If it falls below, it will continue to test the 2620 mark. The 1-hour moving average of gold is still a short-term arrangement of a dead cross downward. After the sharp drop in gold on Monday, gold continued to bottom out and rebounded yesterday, but it was still oscillating back and forth. Today, the rebound continued, but gold was still under the pressure of the previous low of 2658 in the 1-hour. Gold is still a rebound. The market is changing rapidly. It is normal to rebound after falling too much, but it is too early to define that gold has reversed. On the whole, today's short-term operation strategy for gold is to focus on rebound shorting and supplemented by callback longing. The short-term focus on the upper side is 2658-2660 resistance, and the short-term focus on the lower side is 2610-2605 support.
Target Achieved, Future OutlookAfter a prolonged period of consolidation, gold has finally reached above 2650, just as we predicted, bringing in great profits! The price is now in a selling pressure zone, with key data releases approaching. In this case, it's prudent to pause trading and observe the selling pressure around 2660. If the selling pressure is strong, you can follow the trend to short, but be mindful of the strong support zone below. As long as it holds, gold is likely to continue its upward movement. Therefore, do not hold short positions too long. If there's a second surge in volume and a breakout occurs, gold could rise towards the 2680 zone.
Gold rebounded weakly, with resistance at 2640/2650 on the upsidGold fluctuated widely, and the daily line bottomed out and rebounded to 2630 to close. Treat intraday trading with a fluctuating mindset, and the hourly Bollinger Bands closed and the moving average flattened. Intraday 2620 and 2615 short-term support, 2640/2650 short-term resistance above, high-altitude and low-multiple participation in the range!
Gold 1-hour moving average is arranged downward, and the decline of gold has not ended. Gold is now fluctuating below the moving average, and gold is still weak, and there is basically no strong rebound.
First support: 2620, second support: 2612, third support: 2600
First resistance: 2640, second resistance: 2652, third resistance: 2668
Trading strategy:
BUY:2614-2612
SELL:2650-2652
XAUUSD / TRADING UNDER DOWNWARD PRESSURE / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Prices are currently under downward pressure, indicating a bearish sentiment ,The current price movement is attempting to approach a resistance level of $2,630.
Scenarios and Levels , If prices stabilize below $2,630, it suggests further declines:
• First target: $2,604.
• Second target: $2,587.
• Breaking the resistance level of $2,630 suggests:
• First upward target: $2,661.
• Second upward target: $2,678.
Conditions for Movement, Stabilization below $2,678 , Suggests prices will likely decline , Stabilization above $2,678 , Indicates a possible continuation of upward momentum.
Overall Range , The expected trading range is between $2,716 (upper limit) and $2,542 (lower limit).
XAUUSD OUTLOOK H4 XAU/USD (Gold) with key features highlighted. Here's a breakdown of the analysis:
1. Order Block and FVG:
The upper blue zone represents an Order Block, an area of institutional interest where selling pressure may emerge.
The Fair Value Gap (FVG) is also marked, indicating a potential imbalance that the price might fill before continuing its movement.
2. Supply Zone:
The mid-level blue zone indicates a Supply Zone, where selling pressure is likely to push the price downward if tested.
3. CHoCH (Change of Character):
The dotted line labeled CHoCH signifies a structural shift from bullish to bearish momentum, marking the beginning of a downtrend.
4. Break of Structure (BOS):
BOS levels are identified, confirming bearish continuation with successive lower lows.
5. Future Projections:
If the price breaks through the resistance in the Supply Zone, it could potentially test the higher Order Block before a reversal.
Alternatively, failure to break resistance may result in a continuation of the bearish trend.
XAU/USD 27 November 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Bias/analysis remains the same as analysis dated 25 November 2024.
Price Action Analysis:
As mentioned in yesterday's analysis dated 24 November 2024, whereby price was expected to print a bearish CHoCH. This is how price printed.
Currently, price is trading within an established internal range.
Intraday Expectation:
Price is anticipated to trade down to either discount of internal 50% EQ, which is marked in blue, or H4 demand zone before targeting weak internal high priced at 2,721.420.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Yesterday's analysis and bias dated 26 November 2024 remains the same.
Price Action Analysis:
Intraday expectation and analysis dated 25 November 2024 printed as anticipated, with price successfully printing a bearish iBOS after targeting the weak internal low.
A correction from yesterday's intraday expectation: instead of targeting the weak internal high, price was expected to target the weak internal low.
Price has since printed a bullish CHoCH, indicating, but not confirming, bullish pullback phase. We are now trading within an established internal range.
Intraday Expectation:
Price is anticipated to trade up to either the internal 50% EQ or the M15 supply zone before targeting the weak internal low at 2,605.310.
Alternative Scenario:
The H4 timeframe has printed a bearish CHoCH, indicating the initiation of a bearish pullback phase coupled with the fact that H4 TF is now trading in discount of internal 50%. However, this suggests that bearish momentum on M15 may face limitations as the broader H4 phase unfolds.
Note:
Given the Federal Reserve's dovish stance and persistent geopolitical tensions, volatility in Gold prices is likely to remain elevated. Traders should remain cautious and prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
Gold no more bullish? (XAU/USD)The daily XAU/USD chart reveals a completed Elliott Wave (1-5) structure, with wave (5) peaking near the $2,720 resistance level. This marks a potential reversal zone for gold prices.
Expected Corrective ABC Pattern:
Wave A: The initial decline is anticipated to target the $2,605-$2,620 support zone.
Wave B: A minor retracement is expected to occur, likely staying below the $2,720 resistance level.
Wave C: The final wave may extend the decline towards the $2,560-$2,580 lower support zone.
Key Levels to Watch:
Resistance: $2,720
Support Zones:
Middle support: $2,605-$2,620
Lower support: $2,560-$2,580
Trading Strategy:
Given the high sensitivity of gold prices to macroeconomic events, traders should exercise caution. Proper position sizing and setting appropriate stop-loss levels are crucial to mitigate potential risks. Monitoring upcoming economic releases and geopolitical developments is essential, as these factors can significantly impact market volatility.
Keep an eye on the evolving market conditions and adjust your trading strategy accordingly. Good luck!
Trading Strategy Amid Geopolitical and Economic DataMarket Review and Outlook:
During the Asian session on Wednesday, gold attracted some follow-up buying, successfully holding support around the 2630 level and moving up to face significant resistance near the 2650 mark. The ongoing geopolitical risks related to the Russia-Ukraine conflict, coupled with concerns over President-elect Trump's tariff plans, have continued to drive safe-haven flows into precious metals for the second consecutive day.
However, the upward momentum seems to be lacking strength, and with today's key economic data releases—including the initial jobless claims and the U.S. October core PCE price index year-over-year—the market may see more defined direction. Thus, we will adopt a two-way strategy for trading gold today.
Today's Trading Strategy:
Sell Zone: Short positions can be considered between the 2645-2650 range.
Buy Zone: If the price falls back to 2630, look for opportunities to go long.
Market Watch: Given the economic data releases, anticipate increased volatility and stay prepared for quick adjustments.
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Always adhere to proper risk management practices and avoid overleveraging your trades.
Gold price analysis Asia-Europe session November 27Gold prices reacted strongly in the US session price zone last night around 2640, considered an important port zone of today's Asian trading session. When this zone is still held, there will be some retreat to the breakout zone of 2632 this morning and attract some buying force to push the price back up to 2658-2660. In case of breaking 2632, the downtrend will be determined and the resistance zones of 2618-2605 will become temporary support levels.
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.
XAUUSD: 27/11 Today’s Market Analysis and StrategyGold technical analysis
Daily resistance 2700, support below 2627
Four-hour resistance 2650, support below 2627-10
Gold operation suggestions: Gold quickly stepped down in the Asian session yesterday, pierced through the 2610 mark, stabilized, rebounded and repaired, stepped down again in the European session, stabilized at the 2610 line, ushered in a bottoming out and rebounded, and finally accelerated in the US session to break through the 2640 mark, suppressed and fell back and closed in shock, and the daily K-line chart closed in a shock pattern.
At present, from the perspective of the 4-hour trend, we pay attention to the 2627 line support below, the weekly level long-short dividing line 2637 line, and the upper focus is 2650/2658. We continue to sell high and buy low during the day, and wait patiently for key points to enter the market.
BUY:2627near SL:2623
BUY:2614near SL:2610
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
World gold price decreasedDespite the decrease, world gold still maintains the level of 2,630 USD/ounce. Neils Christensen - an analyst at Kitco News commented that gold prices are anchored high as this precious metal continues to reflect uncertain geopolitical changes related to the upcoming administration of President-elect Donald Trump. .
However, one market analyst still expects the gold bullish trend to continue until 2025. In a recent interview with Kitco News, Nitesh Shah - Head of Macroeconomics & Commodities Research Model at WisdomTree, said he expects the US dollar to fall by 2025, creating favorable conditions for gold prices to rise.
At the same time, Shah said that the Federal Reserve's (FED) easing cycle will help push bond yields lower, another positive factor for higher gold prices.
The newly released minutes of the FED's November meeting provide important information about the central bank's economic outlook. Fed officials expressed growing confidence in the economy's trajectory, especially regarding inflation and the labor market. The minutes showed policymakers believe inflation is gradually moving toward the Fed's 2% target and that the labor market is currently strong.
XAU/USD "Gold Vs US Dollar" Market Heist Plan on Bullish SideHello!! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist XAU/USD "Gold Vs US Dollar" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long & Short entries When it breaks the consolidation zone and retest. Our target is Red Zone for Long Traders and Green Zone for Short traders that is High risk Dangerous level, Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to take entry should be in pullback.
Stop Loss 🛑 : Recent Swing using 2H timeframe.
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..... 🫂
XAUUSD, H4, Long setup, session trade👋Hello Traders,
Our 🖥️ AI system detected that there is an H4 timeframe ICT Long setup in
XAUUSD for session trade (a couple of Hours)
Here is a session trade idea (since it is near support surface, we should use small lot size)
Please refer to the details Stop loss, Buy Zone,open for take profit.
Next Long entry after retracement in any session.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!