Continue to buy goldAs I mentioned in my last article, gold will continue to rise. We went long on gold near 2662 in the last transaction and closed the transaction by hitting TP: 2676 for profit, easily earning 140 Pips, a very successful transaction!
At present, gold has risen to a maximum of around 2679, breaking yesterday's high in one fell swoop. The hourly level M top suppression has been ineffective, and the rising pattern remains intact. At present, gold still has the momentum and space to continue rising, so gold may still rise or even try to touch around 2690. , then we can just follow the trend and go long gold in trading.
Of course, we can't chase gold directly, but because gold has a small retracement space during the rise, we can't expect too much retracement before going long on gold, and the short-term support area has moved up to the 2670-2660 area, so we can go long on gold based on this support area.
Bros, do you continue to be bullish on gold with 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!
Xauusdideas
First short gold, then go long gold!Bros, this week's new trading journey begins from now!
Gold rebounded again under the support of safe-haven buying, and now it has reached around 2658. To be honest, gold is currently in a relatively obvious upward arrangement, and there is still room for gold to continue to rise.
However, overall, gold has not yet escaped the scope of shocks, so it is not good to directly chase gold near 2658, and the current strength of gold's rise is not firm. Gold needs to fall back to increase the liquidity of gold bulls, so we might as well consider trying to short gold with 2660-2670 as resistance, and wait for gold to fall back to the appropriate area before participating in long gold!
Bros, let's try to short gold first, and then wait patiently for gold to fall back before re-participating in long gold!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!
XAUUSD / TODAY REMAIN DEMAND ZONE EXPECTED TO INCREASE / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
The price has declined and hit a profit target of +455 pips, indicating a successful trade.
Prices are now trading above a demand zone between $2,627 and $2,611 , This implies strong buyer interest in this range, providing support.
If the price remains above the demand zone, it suggests a likely increase to a supply zone between $2,695 and $2,720 , This reflects a potential upward trend driven by continued buying pressure.
If the price breaks below the demand zone, further declines are expected , The next identified demand zone is between $2,595 and $2,585, where buyers may step in again.
XAU/USD 29 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.
Today's analysis and bias will remain the same as analysis dated 26 November 2024.
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:
XAUUSD / RANGE MOVEMENT BETWEEN 2,678$ AND 2,604$ / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Yesterday, the market saw a price decline with a profit of +355 pips. This suggests a profitable movement for traders who correctly anticipated the downward trend.
• Prices are currently attempting to reach $2,661, which is identified as a key resistance level. If prices stabilize below this level, further declines are expected.
Expected Support Levels:
• If the downward trend continues, potential support levels are highlighted at:
• $2,630
• $2,604
• $2,587
These levels indicate areas where buyers might re-enter the market, slowing or reversing the decline If the price breaks above $2,661, an increase is expected, with a target of $2,678.
The critical range is between $2,604 and $2,678 , A breakout on either side of this range will “confirm direction,” meaning it will provide clearer signal of the next major price trend.
The market is currently under downward pressure, indicating a bearish bias in the analysis.
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 / TRYING TO REACH NEXT DEMAND ZONE / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Demand Zone and Initial Price Decline, After a recent decline, gold prices have reached a demand zone, providing an opportunity for a 600-pip profit. A demand zone is a price range where buying interest typically increases, suggesting potential support.
Current Price Movement ,Gold is now aiming for a new demand zone between $2,527 and $2,500. As long as prices stabilize above this zone, there’s potential for an upward push towards higher levels.
Potential Price Levels , Next Supply Zone: Between $2,606 and $2,618. If gold reaches this range, selling pressure could increase, potentially slowing or reversing the uptrend.
FVG (Fair Value Gap) Area, Between $2,636 and $2,664. This level may act as a magnet for prices if the trend continues upwards, as traders may look to close gaps in the price , Further Supply Zone, Between $2,687 and $2,708, where resistance is expected to be strong.
Support Levels and Downside Risk, If gold breaks below the $2,527-$2,500 demand zone, it could decline further to a support level around $2,485, where additional buying interest might emerge.
Market Sentiment , The market is generally under upward pressure (bullish sentiment), though it is currently experiencing a decline.
XAUUSD / RANGE BETWEEN SUPPLY ZONE AND DEMAND ZONE / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Previous Price Movement , The price initially rose to a supply zone, achieving a profit of +240 pips, indicating a successful upward trade before the price began to decline.
Current Support Zone, The price has now fallen to a demand zone between $2,565 and $2,550. This zone is viewed as a potential area of support where buyers may enter, potentially reversing or slowing the decline.
Potential Price Increase, There’s an expectation that the price could bounce back up to an FVG between $2,636 and $2,664. This gap might act as an interim target, providing resistance where the price could stall or reverse again.
Upward Continuation , For prices to continue rising, they would need to stabilize above the demand zone between $2,565 and $2,550. If they do, the target for the next supply zone lies between $2,687 and $2,708.
Risk of Further Decline, However, if the price breaks below and stabilizes under the demand zone, it suggests a likely continuation of the downtrend, as it would indicate a weakening of buying support.
Overall Trend , Despite the downward moves, the overall trend is described as under “upward pressure,” indicating a bullish bias in the larger context.
XAUUSD / FURTHER DECLINE / OVERALL UNDER UPWARD PRESSURE / 4HXAUUSD / 4HTIME FRAME
HELLO TRADERS
. Current Downtrend: The price is currently in a downward movement.
Demand Zone (Support): The analysis identifies a demand zone between $2,565 and $2,551. A demand zone typically represents a price level where buying interest is strong, potentially causing the price to stabilize or increase.
Expectation if Stabilization Occurs , If the price stabilizes above this demand zone, it suggests a potential rebound , The price may then move upward to reach a supply zone between $2,618 and $2,618. (It seems this zone might have been mistyped, as it should likely be a range.)
Further Increase if Supply Zone Breaks , If the price closes above the supply zone with a 4-hour (4H) candle, this signals continued upward momentum , This could lead to an increase toward a higher supply zone between $2,732 and $2,749.
Further Decline if Demand Zone Breaks , If the price falls below the demand zone (between $2,565 and $2,551), this suggests a likely continuation of the downtrend, with further declines in price expected.
XAUUSD / TRADING DEMAND ZONE / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Time Frame and Initial Target , The analysis is based on a 4-hour (4H) chart, which is commonly used for short- to medium-term trading insights, A previous target was reached with a +550 pip profit due to a decline to the demand zone, implying successful movement in line with expectations.
Current Price Movement , Prices are trying to reach $2,605 in the demand zone , As long as prices remain above this level, there is potential for an increase, likely moving toward a supply zone between $2,687 and $2,708.
Possible Downside , If prices break below and stabilize under $2,605, this could signal a further decline to the next demand zone between $2,565 and $2,551.
Overall Market Pressure , The trend shows upward pressure, but breaking the demand zone between $2,565 and $2,551 could confirm a downtrend, indicating a bearish shift if support does not hold.
XAUUSD / UNDER DEMAND ZONE PRESSURE / 1HXAUUSD / 1H TIME FRAME
HELLO TRADERS
This analysis describes a potential price movement for gold within a 1-hour timeframe based on demand and supply zones:
The demand zone is identified between $2,643 and $2,659. The text suggests that if gold prices stabilize at or above this zone, it could signal an upward move.
If prices stabilize within or above the demand zone, they may rise to the supply zone, located between $2,688 and $2,703 , If prices surpass the supply zone, the next target level mentioned is $2,710.
If prices break below the demand zone (below $2,643), it could indicate a potential decline , In this case, target levels would be $2,618 and $2,605.
Gold remains around $2,675-$2,670 due to a stronger USD.Gold (XAU/USD) stays around $2,672-$2,670 as trading opens in Europe on Monday, continuing its recent downtrend from the October 31 record high. The USD remains slightly below last week's 4-month peak, driven by optimism over Trump’s economic policies, which are pressuring gold for the second consecutive day.
Investors expect Trump’s policies to boost growth and inflation while limiting strong Fed easing, keeping US Treasury yields high and pushing funds away from non-yielding gold. However, a mild risk sentiment may support gold as traders await US inflation data and Fed Chair Powell’s speech later this week.
Personal opinion:
A sell-off below last week's low around $2,643 could trigger further downside, potentially pushing gold towards the October range low at $2,605-$2,602. However, a rebound above $2,700 faces strong resistance near $2,718 and the $2,740-$2,745 zone. A break above these levels could signal the end of the correction and push gold towards $2,750 and the $2,758-$2,790 range, or even the record high from October 31.
Pay attention to the price range:
Buy Zone: 2656 - 2654
SL: 2649
Buy Zone: 2666 - 2664
SL: 2659
Sell Zone: 2687 - 2689
SL: 2694
XAUUSD / BREAKOUT THE SUPPORT TRENDLINE / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Target Achievement , The analysis mentions a prior target of +430 pip profit, with the price currently yielding a 1.58% rate. This suggests that an expected price decline has already occurred and reached a specific profit target.
Demand Zones , The current demand zone is between $2,659 and $2,649. If prices stabilize above or within this range, there may be an opportunity for prices to rebound and move towards a higher range , If prices break below this demand zone, a further decline is anticipated toward a lower demand zone between $2,618 and $2,604.
Supply Zones , If prices rise, the target supply zone is set between $2,687 and $2,710.
For an uptrend to be confirmed, prices would need to break and stabilize above this supply zone, indicating potential for further upward movement.
Overall Trend , Despite potential rebounds within the specified zones, the asset is noted as trading “under downward pressure,” suggesting an overall bearish outlook unless key supply or demand zones are broken in favor of a trend reversal.
XAUUSD / TEST TO SUPPLY ZONE BEFORE DECLINE / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
The asset is aiming to reach a supply zone between $2,747 and $2,732, This zone represents an area where selling pressure is expected, potentially capping upward movement.
Prices are under downward pressure, especially after the news about Trump’s election, which has impacted the market sentiment.
As long as the price stays below or within this supply zone, the expectation is for further declines , If prices stabilize below the current supply zone, they are expected to move down towards a demand zone between $2,657 and $2,638.
For a confirmed downtrend, the asset would need to stay below this demand zone, potentially pushing prices lower toward the next zone between $2,618 and $2,605 , If prices break through the upper boundary of the supply zone ($2,747), there may be an upward move toward a higher supply zone between $2,773 and $2,790, suggesting a possible trend reversal or upward correction.
XAUUSD / AFTER VOTE OF THE PRESIDENT OF THE AMRICAN / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Initial Reaction to Election Outcome, It suggests that gold prices dropped by 3.46% following Trump’s win, indicating an immediate market response likely due to investor sentiment or economic expectations associated with his presidency.
Current Trading Position, The current price is below an “ascending channel” (typically a technical pattern indicating a trend), which could signal a weakening upward trend. However, it remains within a “demand zone,” where buying interest could support prices.
Demand Zone and Support, As long as gold stabilizes above the $2,657 - $2,638 demand zone, there is a potential for prices to rise back up. This zone acts as a support level, where enough demand could prevent further declines.
Upside Target (Supply Zone), If prices hold above the demand zone, there is an expectation of an increase toward the $2,732 - $2,747 supply zone. This is seen as a resistance level where selling pressure may limit further upward movement.
Downside Risk , If a 4-hour candle closes below the demand zone, a further decline is anticipated, potentially pushing prices down to the next demand zone between $2,618 - $2,605.
Overall Trading Range , The analysis concludes with a broader price range for gold between $2,790 (upper limit) and $2,605 (lower limit). This range outlines the expected volatility in gold prices.
XAUUSD / OVERALL UNDER UPWARD PRESSURE / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Current Market Movement:
• Prices initially dropped to a buy zone at around $2,728, where a buying opportunity was identified.
• After reaching this zone, the price increased, securing a profit of 145 pips.
Price Retesting and Stabilizing:
• The price is currently retesting the $2,728 level.
• If the price stabilizes above this level, it indicates potential upward momentum.
Upward Targets:
• If prices hold above $2,728, the next target range is a Fair Value Gap (FVG) between $2,756 and $2,772. This gap suggests potential for further gains if it’s reached and surpassed.
Demand zone and Downward Risks:
• If prices break below $2,728, they may fall to $2,710.
• Should prices decline below $2,710, further drops are expected, with a potential support or “demand zone” between $2,688 and $2,672.
Overall Market Sentiment:
• Despite potential downward corrections, the market remains under bullish pressure, indicating that the primary trend remains upward for now.
XAUUSD, 15-MINUTES TIMEFRAME CHART XAUUSD, 15-minute timeframe chart
XAUUSD touched the support level of 2,734.00
General outlook
XAUUSD has been under selling pressure within the last couble of hour . The pair moved up to the support level of 2,734.00.
Possible scenario
The best way to use this opportunity is to place a buy order at 2,735.
Set your stop loss at 2,727. below the previous low ($8.00 loss for 0.01 lot) and take profit at 2,755. ($20.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
XAUUSD / OVERALL UNDER UPWARD PRESSURE / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Gold is trading under bullish pressure despite a recent pullback of 2.09%. This suggests that while there’s short-term weakness, the overall trend is still upward.
The analysis identifies a demand zone between $2,735 and $2,728, with a possibility for a dip to $2,710, which could serve as another support level. Should prices stabilize here, a bullish continuation is likely.
If gold fails to hold above $2,728 on a 4-hour closing basis, a further decline toward the next demand zone between $2,688 and $2,672 may be anticipated.
An initial upward target lies in the fair value gap (FVG) between $2,756 and $3,772. Above this, the analysis notes supply zones between $2,782 and $2,790, with an all-time high (ATH) of $2,810 as the next major resistance.
The strategy is a combination of support-resistance testing and close monitoring of 4-hour candles. Stabilizing above the lower zones suggests a bullish rebound, while a failure could lead to extended declines.
XAUUSD / UNDER UPWARD PRESSURE TO PUSH A NEW ATH / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Current Price Action , Gold prices are approaching an all-time high (ATH) near $2,790. The price is now testing a demand zone between $2,756 and $2,746.
If prices hold above or within this demand zone, there is potential for an upward move to the ATH of $2,790, with a possible extension to a new ATH of $2,810 if bullish momentum continues.
If the price breaks below this demand zone, it could drop to the lower demand zone between $2,735 and $2,728. A decisive break below this level might confirm a downtrend.
Overall Market Sentiment , Currently, the market exhibits upward pressure, with a generally bullish outlook as long as prices stabilize above or within the key demand zone.
XAU/USD 30 October 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Gold’s rally continues, driven by the Fed’s dovish tone and escalating geopolitical tensions, further reinforcing its safe-haven appeal.
Price has printed a bullish iBOS, positioning it within an internal low and a fractal high, with the bearish CHoCH level denoted by a blue dotted line.
Intraday Expectation: Since the internal range has yet to establish, I’ll remain on standby for now.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
As noted in the weekly analysis from 27 October 2024, the daily timeframe’s CHoCH positioning was distant, making it likely for both H4 and M15 to print bullish iBOS, which has since materialised.
Price has now printed two bullish iBOS' within a significantly narrowed internal range, and we’re currently trading between an internal low and a fractal high, with CHoCH positioning marked by a blue dotted line.
Intraday Expectation: Technically, price is expected to react at the internal 50% EQ discount to target the weak internal high. However, a bearish iBOS is also plausible.
As emphasised before, price remains highly volatile due to ongoing geopolitical tensions and the Fed’s softer stance.
M15 Chart:
XAUUSD / OVERALL UNDER UPWARD PRESSURE / 1HXAUUSD / 1H TIME FRAME
HELLO TRADERS
Current Trend and Demand Zone , After a price drop into a demand zone (between $2,733 and $2,727), the asset rebounded, yielding a 160-pip profit. The ongoing bullish pressure suggests further upward momentum.
Targets and Supply Zones , The price aims to reach $2,750 following a retest of the demand zone. Afterward, it may push into a supply zone ($2,754 to $2,758), with potential to hit a new ATH at $2,775 if the momentum continues.
Downside Risks , A breakdown below the current demand zone could indicate a decline towards a secondary demand zone ($2,722 to $2,717). A breach of this lower zone would confirm a shift to a downtrend.
XAUUSD / UNDER TENSTION OF THE MIDDLE EAST / 1HXAUUSD / 1H TIME FRAME
HELLO TRADERS
Current Price Movements ,The text notes that after an Israeli attack on Iran, gold prices surged, reaching an all-time high (ATH) of around $2,758. This is a typical reaction as investors often view gold as a safe-haven asset during political unrest, causing demand—and prices—to rise.
Demand Zone , Between $2,739 and $2,734, this zone is where buyers may step in if prices drop, creating a potential “floor” for further increases.
Supply Zone ,Between $2,754 and $2,758, this zone acts as resistance, meaning sellers may dominate here, capping short-term gains. Breaking above this level could push prices to a new ATH of $2,775.
If the price breaks the supply zone ($2,754–$2,758), it may rise further, suggesting momentum toward $2,775 or beyond.
If the price falls below the demand zone ($2,739–$2,734), it may decline toward the next support level between $2,722 and $2,717.
Overall Trend: The text suggests that gold prices are under upward pressure, largely due to geopolitical instability, and are likely to continue rising unless key support levels are breached.
XAUUSD /PRICES TRYING TO REACH NEW ATH / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
The price has already achieved a profit of +340 pips, signaling a strong upward trend. The fact that this movement continued after a news release suggests that market sentiment is likely driven by external factors, such as macroeconomic events or announcements.
The demand zone between $2,720 and $2,711 is critical because it reflects a price area where buyers are likely to step in. Historically, demand zones are areas of strong buying interest, which halts a downtrend. The expectation is that, if the price stays above this zone, it may bounce back towards the ATH of $2,757. This would mark a retest of the resistance level, a crucial price ceiling.
A move beyond $2,757, extending to $2,771, would imply a breakout. In technical analysis, a breakout from an all-time high (ATH) can lead to a new price discovery phase, where prices rise with minimal historical resistance. Traders might look to capitalize on this momentum.
The break below the demand zone would indicate that buying pressure is insufficient to stop the fall, leading to a continuation of the downtrend. A potential price drop to $2,685 would signal a notable reversal in sentiment.