Gold Under Pressure: Stay Bearish as Trend ContinuesMarket Review and Outlook:
Dear traders, today’s shorting strategy around 2688 has likely provided profits for those who followed the signal—congratulations to those who seized this opportunity! For those who missed it, don’t worry; there are still plenty of chances ahead as the market continues to offer ample trading opportunities.
The sharp decline in gold prices recently has been driven by expectations of a ceasefire agreement in the Middle East, which has significantly reduced safe-haven demand. This, coupled with a drop in geopolitical tensions, has caused gold to remain under pressure. While some traders may consider going long at current levels in anticipation of a rebound, I must emphasize that trading is not gambling. The key to success lies in aligning with the prevailing trend to minimize unnecessary risks.
From both a fundamental and technical perspective, a reversal in gold prices appears unlikely in the short term. Bearish sentiment remains strong, and the trend is firmly in favor of the bears. Therefore, a short-biased trading approach should continue to dominate under the current market conditions.
Today's Trading Strategy:
Gold has formed a significant short-term resistance level around 2640. If the market experiences a slight rebound, this will offer another opportunity to enter short positions. The upside potential is limited, while the downside has substantial room to move.
Recommendation: Look to short again around 2640 during any brief upticks.
Risk-to-Reward: The downside potential remains strong, while the upside is limited.
Advisory Note:
The broader trend is clear, and for those unsure how to navigate the market, feel free to reach out for assistance. Recent VIP strategies have shown solid performance, but as these are based on trend analysis and not precise trading signals, some users may have misunderstood the approach, resulting in losses or trapped positions. If you find yourself in such a situation, please contact me for help.
For those considering joining our VIP service, now is a great time to apply for a free trial to gain a clearer understanding of the value we offer. Feel free to reach out for more information!
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Always use sound risk management practices and avoid overleveraging in your trades.
Let me know if you'd like to further refine or adjust any details!
Xauusdsell
Gold Market Outlook: ReboundToday, the news about the Israel-Palestine ceasefire triggered a sharp drop in gold prices, highlighting the significant impact that war news can have on gold. Recently, updates on the Russia-Ukraine peace talks are also expected to emerge gradually. Traders should remain cautious and avoid blindly chasing highs, because if there is positive news regarding the peace process, gold will likely experience sharp volatility. Although there will undoubtedly be various conflicts during the peace talks, I believe the ultimate outcome will be a successful agreement—it’s just a matter of which side gains more benefits.
Earlier, I posted a strategy for trading gold during the Russia-Ukraine peace talks. If you're interested, feel free to check it out.
As for current trading, after the large amount of selling pressure has been released, gold is expected to experience a corrective rebound. I’ve already provided specific trade signals—buy in the range of 2636-2621, with a target above 2650.
If you'd like to receive signals in real time, you're welcome to follow me.
Safe-Haven Demand Eases, Bears Take Control in the Gold MarketFundamental Analysis:
Gold prices have reversed last week’s upward momentum as safe-haven sentiment continues to diminish. Positive developments in the Middle East have contributed to this shift, with Israel’s ambassador to the United States confirming that a ceasefire agreement with Lebanon’s Hezbollah could be reached within days. This news has triggered a significant retreat in safe-haven buying.
Meanwhile, the nomination of Scott Bassett as Treasury Secretary by U.S. President-elect Donald Trump has bolstered market stability, further improving risk appetite. Although U.S. Treasury yields have declined—a factor typically supportive of gold prices—the broader improvement in market sentiment has left gold under pressure. With bearish sentiment prevailing from the week’s outset, the gold market is now dominated by a clear downward trend.
Technical Analysis:
Gold prices have experienced a sharp pullback, with immediate support found near 2660. Key resistance is identified at the 2690 level, with the short-term ceiling at 2700. The technical outlook remains bearish, with limited prospects for a near-term reversal.
Trading Strategy for Today:
Recommendation: Enter short positions in the 2688-2691 range, with a stop loss above 2700.
Target Levels: First target at 2675, followed by 2665 for further downside potential.
Advisory Note:
While VIP strategies have performed well recently, some users may experience losses or trapped positions due to a lack of understanding of trend-based analyses. If you are facing such challenges, feel free to reach out for personalized assistance. For those considering joining the VIP program, a complimentary trial session is available to help you better understand the value of our services. Interested parties are encouraged to contact me directly.
Disclaimer:
This analysis is for informational purposes only and does not constitute investment advice. Please manage your risk carefully and avoid overleveraging.
Gold Profits Realized, Next Moves in FocusAfter opening, the gold price peaked around 2721 before beginning to decline, falling short of the 2726 level for adding positions. Ultimately, a profit of 1,000–1,800 points was achieved.
Looking ahead, continue to monitor the 2710–2720 area. If bearish momentum remains strong, this zone can serve as an opportunity to short again. If the price moves higher, our focus will stay on the 2726–2732 range.
Gold Market Analysis and Strategy 11/25Last week, gold prices opened with a steady upward momentum, rising for five consecutive days. Each day closed as a bullish candlestick on the daily chart. On Friday, gold made a significant move, breaking above the MA30 and MA20 resistance levels with a strong bullish candlestick.
From a momentum perspective, prices are expected to continue rising. Key attention should be given to the resistance zone between 2726-2737, where selling pressure is likely to emerge.
Trading Recap:
On Friday, I shared a sell signal at 2710, and later suggested closing the position near 2707 if you didn’t want to hold over the weekend. Some traders might have closed their positions at that time.
For Those Still Holding the Short Position:
Be mentally prepared to hold the position, as gold may climb further to around 2732.
Expect a Pullback:
Don’t panic, as a retracement is inevitable.
Suggested Trading Plan:
Enter a long trade at the opening price.
Close the long position around 2722-2728 to lock in profits.
Open a Short Position After the Rally:
Once prices rise to 2726-2734, begin adding short positions.
Target Levels:
I expect gold to at least retest 2707, with a probable downside target around 2678.
Risk Management:
Use stop-loss orders to manage risk effectively.
Ensure position sizes are within your risk tolerance.
Final Thoughts:
This strategy allows you to take advantage of both upward momentum and the anticipated pullback. Monitor price action closely and make timely adjustments to your positions. If you have any questions or need further guidance, feel free to reach out.
Short-Term Short Opportunity at 2710 Resistance ZoneAfter reaching around 2710, gold tested the support at 2686 as expected and then rebounded above 2700, in line with our forecast. The long positions in the short-term swing trade have been closed, and we are now seeking new opportunities to sell. From a technical perspective, there is still strong selling pressure around 2710, which acts as a key resistance zone.
Technical Analysis: At the 2710 level, gold is facing noticeable selling pressure. Previously, this area acted as a support level, but now it has turned into resistance. If the price encounters resistance here and starts to decline, it could test the support zone below once again.
Considering the current market sentiment and technical pattern, the 2710-2722 range presents an ideal opportunity for short entry. We recommend initiating sell orders within this range with a small position size as an initial attempt.
Trade Strategy:
Sell Entry Range: If the selling pressure at 2710 holds and the price fails to break above this level, the 2715-2722 range becomes a potential short-entry area. The resistance in this region could drive the price lower.
Stop-Loss: To protect against the risk of a breakout above this zone, a stop-loss can be set in the 2725-2730 range. This would limit potential losses in case the market continues to rise above the resistance zone.
Take-Profit: The take-profit target can be set around the support area at 2686, or adjusted based on real-time price action. If the price declines to this support zone and shows signs of a rebound, partial or full profit-taking may be considered.
Risk Management: Given the volatility in the gold market, it’s crucial to control position size in every trade and apply proper risk management strategies to avoid significant losses. Each trade should not risk more than 2-3% of the total account balance.
Shorting gold againWe have won consecutive victories in trading today. As in the previous article, we shorted gold near 2695 and 2710 respectively, hitting our TP: 2690-2685.
Now that gold has risen to around 2710 again, we can try to short gold again, TP: 2700-2695
Brothers, 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!
Bullish Momentum Continues, Strategic Entry OpportunitiesMarket Overview and Weekly Recap
On the final trading day of the week, gold remains in a bullish trend, with minor pullbacks offering opportunities to re-enter the market. This aligns with the bullish strategy I have advocated since Monday. Traders following this approach have likely enjoyed significant gains this week.
Trading Strategy for Today
Key Approach: Buy the Dip
Entry Levels: Accumulate long positions below 2700;
Target: Look for resistance around 2720;
Stop-Loss: Place stops below 2690, adjusted to personal risk tolerance.
VIP Performance and Support
Most VIP members have achieved notable profits this week by adhering to the strategy, though some may have faced losses or trapped positions due to deviations from the plan. If you need assistance resolving such issues, feel free to reach out.
To help more traders experience the benefits of precise trading strategies, I am offering a free VIP trial session. Contact me to take advantage of this opportunity!
Reminder
As the week concludes, volatility may increase. Manage your positions wisely, avoid chasing highs, and focus on disciplined, value-driven trading. Seize every opportunity with a steady and strategic approach!
Bravely hold a short position,TP:2690-2685Bros, today is another fruitful day. Today, we shorted gold with 2695 as resistance as scheduled. After gold broke through the first resistance area of 2595, we shorted gold with 2711 as resistance at around 2710 in equal proportion as scheduled. Gold is now back below 2700 and our short position is starting to make profits again!
Bros, there is no need to rush to close short positions, gold may continue to fall to 2690-2685, and once gold falls below this area, gold may even continue to fall to around 2675. Boldly hold short positions and look forward to better profits!
Bros, 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 Detailed Analysis on D1 Time Frame | 22/November/2024XAUUSD Detailed Analysis on D1 Time Frame | 22/November/2024
t.me
For more intra and swing trades you guys can join our Telegram Channel
-This video is based on Educational Purposes
- market touched the region that what we are selected and we are confident on that point
- Current point 2707 and more to more market have to be create a lowest lowest which would be the 2460 area so this trade is based on those who have patience level 100%
- Market will Expected a big dead fall down
- our target would be to catched more then 1000 Pips from that trade
-Lets enjoy the postions with us !!
Gold and War: The Hidden Signal Behind the RallyIt is well-known that wars have a significant impact on gold prices, and the key factor often lies in the stance of the U S. Before the election, geopolitical tensions and inflation created favorable conditions for gold’s rise.
However, with Trump winning the presidency, gold prices experienced a sharp decline. The primary reason was his campaign statements about actively mediating the Russia-Ukraine war if elected. As a result, the market anticipated an end to the war, triggering a rapid sell-off in gold. Although gold prices have recently started to recover, this seems more like a technical correction to the previous drop.
Yesterday, an intercontinental missile was deployed in the war for the first time. On the surface, this appears to signal an escalation in the conflict, but I believe it may actually hint at the war nearing its end. This “last frenzy” could be both sides vying for the strongest position at the negotiating table.
In this context, how long can the current gold rally last? How high might it go? These are difficult questions to answer. However, one thing is clear: when peace talks are finalized, gold could retreat to the 2480-2350 range.
XAUUSD downGold extends its bullish momentum further above $2,660 on Thursday. XAU/USD rises for the fourth straight day, sponsored by geopolitical risks stemming from the worsening Russia-Ukraine war. Markets await comments from Fed policymakers.The short-term technical outlook for Gold price appears to lean in favor of buyers as the 14-day Relative Strength Index (RSI) prods the 50 level to the upside. The indicator is currently just above 50.
However, an impending Bear Cross could be a headwind for Gold price. The 21-day Simple Moving Average (SMA) is closing in to cut the 50-day SMA from above. If that happens on a daily closing basis, it will validate the bearish crossover.
Gold buyers need a daily candlestick closing above the 50-day SMA at $2,660 to unleash additional recovery toward the 21-day SMA at $2,680.
The $2,700 threshold will be the next significant target for buyers.
Conversely, failure to find acceptance above the 50-day SMA at $2,660 on a daily closing basis could reinforce sellers toward the $2,600 threshold.
Tuesday’s low of $2,610 will be tested ahead of that.
Gold Market Update and Trading InsightsMarket Performance and Fundamental Analysis
Gold prices climbed further today, affirming our bullish stance since the beginning of this week. Traders who have followed this strategy are already seeing solid returns.
1. Geopolitical Risks Driving Safe-Haven Demand
The escalating Russia-Ukraine conflict has heightened global market concerns, boosting the appeal of gold as a safe-haven asset. Additionally, uncertainties surrounding global economic growth continue to underpin gold demand.
2. US Economic Data and Federal Reserve Outlook
Key U.S. data to watch today includes initial jobless claims, the Philadelphia Fed Manufacturing Index, and existing home sales. However, these releases are expected to have minimal impact on gold’s upward trend, with geopolitical risks being the dominant driver.
Trading Strategy
Focus on long positions. Consider accumulating long positions below 2670, targeting the resistance level at 2683. A breakout above this level could pave the way for further gains.
Key Levels to Monitor
Support: 2660-2665;
Resistance: 2683 and 2690;
adjusted for individual risk tolerance.
Risk Advisory and VIP Support
While VIP users have reported strong profits, some traders may have experienced losses or trapped positions due to deviation from recommended strategies. If you need assistance, feel free to reach out for tailored solutions.
To help new traders experience our methodology, I am offering a free VIP trial session. Contact me to learn more and gain exclusive insights.
Reminder: Gold markets are highly volatile. Manage your positions wisely, adhere to your trading plan, and trade with discipline to ensure sustainable profitability.
XAUUSD/GOLD 4H SELL LIMIT PROJECTION 21.11.24Reason for sell
Bearish Cross: The 21-day Simple Moving Average (SMA) is nearing the 50-day SMA. A daily close below the 50-day SMA would confirm a bearish crossover, suggesting a potential downward trend.
Relative Strength Index (RSI): While the RSI is above 50, indicating bullish momentum, it's not strongly above this level, which might limit the upside potential.
Lack of Strong Upside Momentum: Gold prices have been consolidating recently, and there hasn't been a significant breakout to the upside. This lack of strong bullish momentum could contribute to bearish sentiment.
However, it's important to note that the technical picture is not entirely bearish:
RSI Above 50: As mentioned, the RSI being above 50 suggests some bullish momentum.
Potential for Upside: A daily close above the 50-day SMA could reverse the bearish trend and lead to further upside.
Ultimately, the direction of XAU/USD will depend on a combination of technical factors and fundamental news, such as interest rate expectations, economic data, and geopolitical events. It's advisable to monitor these factors closely and consider consulting with a financial advisor before making investment decisions.
Gold Trading Strategy 11/21Based on the recent gold market movements, the following analysis and strategy are proposed:
Market Overview:
Previous Decline: Gold prices have declined from around 2670, causing long positions entered near 2700 to be trapped.
Current Situation: As prices rebound to approximately 2650, some traders are closing positions to realize profits, leading to sustained fluctuations at this level.
Remaining Positions: High-level positions remain trapped, requiring prices to rise to around 2670 for breakeven.
Strategic Insights:
Resistance at 2670: Upon reaching 2670, there is an 80% probability of price decline or consolidation, with only a 20% chance of further increase.
Optimal Shorting Zone: The 2663-2673 range presents a favorable opportunity for short positions, offering potential high returns with manageable risk.
Trading Strategy:
Initial Positioning at 2652:
Minimal Short Position: Enter a small short position to test market response.
Minimal Long Position: Alternatively, enter a small long position to capitalize on potential upward movement.
Adjustments Based on Price Movements:
If Price Rises Above 2660:
Close long positions.
Add to short positions.
If Price Falls Below 2640:
Close short positions.
Add to long positions.
Risk Management:
Stop-Loss Orders: Implement appropriate stop-loss levels to mitigate potential losses.
Position Sizing: Ensure position sizes align with individual risk tolerance and account size.
Gold Trading StrategiesGold continues to fluctuate around 2648. If you want to take a break, just close the order and take a break. Today is profitable overall. There is no need to stay up late and hurt your body because of a $2 fluctuation. I will share signals with you again during tomorrow's trading. Making a stable profit every day will accumulate over time, which is not bad.
Gold Market Analysis and Strategy
Based on the current market trends, there is a strong likelihood that gold prices will continue to rise beyond the 2650 level. At this point, a shorting opportunity may emerge, as there appears to be a potential downside of approximately $28, targeting a price around 2622.
Key Considerations:
Upward Momentum: Gold’s recent movements indicate strong bullish momentum, likely driven by market sentiment and technical factors.
Resistance at 2650: The 2650 level serves as a significant resistance zone where the upward trend may stall.
Shorting Opportunity: After reaching this resistance, there could be a reversal, offering a window for shorting with a measurable target.
Trading Plan:
Entry Point: Monitor gold prices closely as they approach 2650. Prepare to open short positions once signs of reversal appear, such as bearish candlestick patterns or a decline in momentum indicators.
Target: Set the target at 2622, capturing the $28 potential downward movement.
Risk Management: Use a stop-loss above 2660 to minimize potential losses in case of unexpected bullish breakouts.
Gold Market Analysis and Strategy
Gold prices continue to fluctuate around the 2640 level. The initial short position has already reached the target of 2622. Currently, prices are rising again, and it is expected that the previous high of 2641 will be broken.
Trading Strategy:
Long Opportunity:
Close around 2645
Short Opportunity:
Alternatively, wait for the price to rise into the 2646-2655 range, which is anticipated to serve as a resistance zone, before opening short positions (selling).
Expected Target:
For the short position, a potential downside of approximately $19 is anticipated, targeting a drop back to the 2627-2636 range.
Try to short gold with 2660-2670 area as resistanceGuys, I'm a professional trader! So I don't like to exaggerate my trading ideas too much. I like to record my trading strategies in a simple way and keep steady profits!
Today, when gold tried to fall below 2420, I believe many people are expecting gold to continue to fall and fill the gap below, at least many people expect gold to fall to the 2610-2600 area. When gold failed to effectively fall below 2620 three times, I chose to buy gold and ended our transaction by hitting TP: 2645, which was a very good profit!
At present, gold has touched around 2650. Obviously, I will not continue to buy gold here. Instead, I will look for opportunities to short gold! So where will gold rise? I think there will not be much room for growth in the short term, and it will face resistance in the 2660-2670 area in the short term. So I will try to short gold with resistance in this area.
So trading strategy: short gold at 2655-2665, TP: 2645-2635
Gold Market Update and Strategy InsightsToday, gold prices rebounded sharply from the lows, driven by heightened safe-haven demand following news of North Korea’s potential involvement in the Ukraine conflict. Prices surged from 2622 to 2650, aligning with my recent emphasis on prioritizing long positions in gold. Those who followed this approach should have seen significant gains in their accounts!
Market Outlook and Strategy Suggestions
A technical pullback is likely in the near term, with 2640 identified as a key support level. If the price dips to this level, it is expected to trigger the next upward trend.
Trading Plan for Today:
Enter light short positions near 2650, targeting 2640;
Increase long positions around 2640, aiming to ride the next bullish wave;
Risk Management: Place stop-loss for shorts above 2660 and for longs below 2635.
Risk Advisory and VIP Support
While VIP users have reported strong profits this week, some traders may have experienced losses or trapped positions due to deviation from recommended strategies. If this applies to you, I am here to assist with tailored solutions.
For those considering joining VIP but hesitant, I am offering a free trial session to showcase my strategic approach. Reach out if interested!
Reminder: The gold market remains highly volatile. Always manage your positions wisely, avoid over-leveraging, and trade with discipline to secure sustainable profits.
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.
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.