XAUUSD: Sell Around ResistanceLast week, I repeatedly emphasized that gold would rebound and recommended focusing on long trades. Those who followed my strategy have likely secured substantial profits this time.
Additionally, I clearly pointed out yesterday that gold would retest the support around 2580, presenting a new buying opportunity, with resistance at 2608–2614. This analysis has been validated by the market movement.
Currently, gold prices have risen to around 2640, entering a new resistance zone. Today’s trading strategy will focus on selling near the resistance area to capture potential pullback opportunities.
Xauusdbuy
XAUUSD: BUYToday, gold rebounded after a pullback to around 2554. As mentioned during yesterday's session, I alerted everyone to watch the 2556-2547 range for the pullback, and unless there were any surprises, this would present a new buying opportunity. I believe those who have been paying close attention to the updates should have seized this opportunity. Currently, the market is facing resistance and is in a consolidation phase. There is a possibility of further testing of support in the short term, but in the medium term, the bulls have a stronger potential. Therefore, my trading strategy remains focused on the long side, with the primary target above 2580.
Support 2554-2547, 2537-2526
Market Analysis and Trading RecommendationsDear traders, over the past few days, I had the pleasure of meeting several VIP members for one-on-one sessions. During these meetings, I provided detailed guidance on trading strategies and methods, which proved highly effective. If any of you would like a similar experience, feel free to book in advance for personalized assistance.
Weekly Market Overview
Last week, we focused on short positions, successfully capturing the downward market momentum. This week, with a lack of significant market-moving news, the trend has shifted to a technical recovery rally. Hence, our primary trading approach will revolve around strategic long positions.
From the current price action, the 2613-2612 zone stands out as a robust support area with dense trading activity. This provides an ideal entry point for long positions, with significant upside potential as highlighted in the chart.
Trading Strategy for Today
Entry Level: Enter long near 2615;
Add Positions: Consider increasing exposure if the price drops to the 2610 area;
Stop-Loss Guidance: Place stop-loss below the critical support level, adjusted to individual risk tolerance.
This strategy is based on a combination of technical analysis and market sentiment, aiming to capitalize on the corrective upward movement. For detailed trading plans, VIP members are encouraged to reach out for exclusive insights.
Reminder: All trades involve risk. Ensure proper position sizing and adherence to your trading plan.
Monday - gold recovers under selling pressure from the market⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) pares some of its intraday gains but stays below $2,600 as the European session approaches on Monday. Hopes that US President-elect Donald Trump's expansionary policies will drive inflation and reduce the need for further Federal Reserve (Fed) rate cuts keep US Treasury yields high. This, combined with a positive market sentiment, weighs on the non-yielding yellow metal.
However, lingering geopolitical risks provide some support for Gold as a safe-haven asset. Additionally, the US Dollar (USD) remains subdued below its year-to-date high from last Thursday, offering a boost to XAU/USD and breaking its six-day losing streak. Still, the lack of strong follow-through buying suggests caution before expecting a meaningful rebound from last week’s two-month low near $2,537-2,536.
⭐️Personal comments NOVA:
Gold price increased at the beginning of the week, clearing liquidity. After absorbing and accumulating enough, the selling side continued to dominate.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2608 - $2610 SL $2615
TP1: $2600
TP2: $2590
TP3: $2580
🔥BUY GOLD zone: $2565 - $2567 SL $2560
TP1: $2572
TP2: $2580
TP3: $2590
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
GOLD Ready To Go Up Ate Least 500 Pips , Don`t Miss It !We Have a very good bullish price action on 4H Time frame and we have a great breakout , the price back above my support and now i`m waiting for retest to the supp to can enter a buy trade if i have a good bullish price action and i`m targeting 500 pips .
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Xauusd buy confirm signal Gold price gains some positive traction but stays below $2,600 early Monday, snapping a six-day losing streak. Russia-Ukraine geopolitical risks benefit the safe-haven metal amid a subdued US Dollar demand. Bets for less aggressive Fed rate cuts and elevated US bond yields cap further gains.
Gold now buy 2583
Support 2593
Support 2603
XAUUSD Buy confirm 200pipsGold extended its decline, breaking below a major trendline and reaching new lows in the $2,530s on Thursday, after a combination of higher US factory-gate inflation data, lower US unemployment claims data and upbeat commentary from Fed Chairman Powell. Gold bounces off its (blue) 100-day Simple Moving Average (SMA) and attempts a recovery. Still, the precious metal is in a short and probably medium-term downtrend. This, given the principle of technical analysis that “the trend is your friend,” favors a continuation lower. (XAU/USD) trades little changed on Friday, holding steady in the $2,560s after making a slight recovery from the two-month lows reached on the previous day.
XAUUSD/GOLD BUY & SELL PROJECTION 17.11.24Reason for Gold buy & Sell
The hedge against inflation is the traditional motive behind the investment in gold. The yellow metal serves as an inflation hedge in the long run. When inflation rises, the value of the currency goes down. Over the long-term, almost all major currencies have depreciated in value relative to gold.
Is a XAUUSD (GOLD) Monster Trade on the Horizon?👀👉 XAUUSD Gold has recently reached a critical support zone on both the weekly and daily timeframes, showing signs of being heavily oversold. In this video, we explore a potential bullish scenario: if XAUUSD reverses and breaks market structure, it could set up a substantial trading opportunity as price targets previous highs. Risk Disclaimer: Trading involves significant risk, and past performance does not guarantee future results. Always assess your risk tolerance before entering a trade.*📊
XAUUSD: Buy at low level, target 2578-2590The first rebound after the significant drop is basically over, and it has already reached the resistance area. During the upcoming retest, pay attention to the support near the previous low.
Just like the strategy I gave when the market rebounded to around 2620 last time, this time we should also watch for a potential W-shaped trend. If it appears, a rebound to the 2578-2590 range should not be a big issue. So, for tomorrow's trading, the focus should be on buying at lower levels.
For those who enjoy scalping, don't be too greedy during the trade—keep an eye on the rhythm, and don't neglect risk management.
If you have any questions, feel free to leave me a message.
XAU ! 11/ 14 ! Waiting for short term recovery 2575XAU / USD trend forecast November 14, 2024! SCALPING
Gold prices (XAU/USD) hit their lowest since September 19, around $2,550, early in the European session on Thursday. Ongoing demand for the US Dollar (USD), driven by optimism about President-elect Donald Trump’s anticipated expansionary policies, continues to weigh on the metal, marking its fifth consecutive day of declines.
Price is in very strong support zone D frame - waiting for recovery reaction 2575
/// BUY XAU : zone 2547-2544
SL: 2541
TP: 40 - 80 - 150 pips (2559)
Safe and profitable trading
XAU ! 11/13 ! SCALPING recovery , CPI newsXAU / USD trend forecast November 13, 2024! SCALPING
Gold price (XAU/USD) finds support on Wednesday, pausing its three-day decline to hit a recent low near $2,590, recorded the day before. A weaker performance in equity markets has helped boost the safe-haven asset during the European session. However, significant gains remain limited due to the continued strength of the US Dollar (USD).
Gold price moves in sideway trend M15, price range 2600-2610 , waiting for break and recovery to increase price
/// BUY XAU : zone 2604-2601
SL: 2598
TP: 40 - 80 - 150 pips (2616)
Safe and profitable trading
XAUUSD: Big Dump On The Way, worth 1000+ pips! OANDA:XAUUSD
Price failed to reach 2640$ region where we had expected price to drop from, since the bearish pressure is too high at the moment. In our view gold will continue to drop until we can see some bullish pressure and bearish exhaustion until then the trend is extremely bullish. No major correction may occurs based on the current price momentum. Good luck.
GOLD Finally Giving Bullish P.A ,Are You Ready To Get 500 Pips ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Short-Term Rebound in Gold, but Bearish Trend PersistsGold experienced a brief rebound today, rising nearly $15 during the Asian session. This rally is primarily driven by an oversold bounce, and while there may still be some upward movement during the U.S. session, the overall trend remains bearish. Since Trump's election victory, the U.S. economy has continued to show strength, further driving the U.S. dollar higher, putting additional downward pressure on gold.
The market is now focused on today's U.S. CPI data, as investors will assess whether this will prompt the Federal Reserve to continue its rate-cutting policy after December. If the CPI report is bearish, gold may face more significant downside pressure, and the probability of further rate cuts by the Fed could increase.
As a result, gold remains in a bearish market for the remainder of this week, though we anticipate a gradual recovery starting next week. With only a few trading days left this week, the strategy should remain focused on shorting gold.
Today's Trading Strategy: During the U.S. session, gold may experience some upward movement. This provides an opportunity to continue shorting gold, especially ahead of the CPI data release. Be sure to implement stop-loss and take-profit orders to effectively manage risk.
I recommend following this approach for your trades. Ensure proper risk management with stop-loss and take-profit settings, securing profits while mitigating potential risks. If you need a more detailed strategy, feel free to reach out. I will share the complete weekly strategy with all VIP members.
Waiting for 2575 ! DOWN trend, strong supportSCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The US Dollar extended its post-election rally, reaching its strongest level since early July, which weighed heavily on Gold prices on Monday. Expectations of Trump's expansionary policies and corporate tax cuts are seen as inflationary, reducing the likelihood of aggressive monetary easing by the Federal Reserve. This continues to support the Greenback.
⭐️Personal comments NOVA:
Continued downtrend - waiting for support at 2575 for gold to recover
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2575 - $2577 SL $2570
TP1: $2585
TP2: $2600
TP3: $2620
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
Gold Set to Form “W” Bottom Based on the current price action, there is potential for a “W” bottom to form. If this pattern plays out, today’s high should surpass yesterday’s 2626. However, if the price falls below 2690, the key support levels to watch will be between 2578-2573. I personally believe the probability of this scenario is low.
Therefore, the strategy is to buy, but it’s essential to control position size and allow for some flexibility in case of unexpected adverse movements. Remain agile, seize the rebound opportunity, and manage risk effectively.
Key Data Signals a Challenging Week AheadThis week, it is essential to prioritize a bearish stance on the gold market, aligning with the prevailing downtrend. As analyzed yesterday, the broader environment remains unfavorable for gold. Trump’s recent election victory continues to strengthen the U.S. dollar, and given his focus on boosting the American economy, gold is likely to face sustained downward pressure.
Additionally, key economic data scheduled for release this week—including Wednesday’s October Consumer Price Index (CPI), Thursday’s Producer Price Index (PPI) and weekly jobless claims, and Friday’s retail sales data—are expected to weigh further on gold prices.
Therefore, the most prudent trading strategy this week is to focus on short positions in the gold market. For those following this analysis, this provides a clear trading direction. For a detailed, actionable trading strategy, please reach out. I will share the complete weekly strategy with all VIP members.
Why Gold Fall Down! And What Is The Next?Hello Traders
Technically
When OANDA:XAUUSD dropped from 2790 gold become fully bearish and i also shared ideas for sell till 2682 but when 2682 could not stable and dropped from 2682 i gives you another target of 2640.
i gave you 2640 target because there was liquidity in 4H and 1D time frame Gold Has filled its liquidity gap and also completed its 4th impulsive wave in H4 and 1D time frame, Now is time to boom for 5th wave and the target is 2864.
Fundamentally
Greed increasing
fear decreased