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Xauusdshort

Gold price analysis November 14Fundamental Analysis Gold (XAU/USD) fell for a fifth straight day and dropped to its lowest since September 19, around $2,554-$2,553 heading into the European session on Thursday. The commodity continued to be weighed down by the post-election rally in the US Dollar (USD) that has extended into the new year, bolstered by optimism about the expected expansionary policies of the incoming Trump administration. Meanwhile, Trump’s potentially inflationary tariffs could force the Federal Reserve (Fed) to pause its easing cycle. Moreover, the US Consumer Price Index (CPI) released on Wednesday pointed to slower progress in lowering inflation and could lead to fewer rate cuts next year. This remains supportive of higher US Treasury yields and contributes to outflows from non-yielding gold. Technical analysis The technical price zone in the current European trading session is around 2648 2659. With the recovery from this zone, gold can recover to the 2587 zone in the near future and in the following days can reach back to the 2616 hook. But this scenario is relatively unlikely when the number of fomo sellers is quite large. When the 2648 zone is broken, the fomo chain continues to sell and pushes the gold price down to 2527 and 2503, so prioritize SELL signals at the present time when the price breaks out of 2648. Wish you a successful trading day.
FOREXCOM:XAUUSD
by TVS-Trader
1
Gold reduced! The target is aimed at 2514⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) extends its decline for the fifth consecutive session, hitting its lowest level since September 19 near $2,558 during Thursday’s Asian session. Persistent US Dollar (USD) strength, fueled by optimism over President-elect Donald Trump's pro-growth policies and expectations of a Federal Reserve (Fed) pause in easing, keeps pressure on the non-yielding metal. Elevated US Treasury yields and a strong USD, which reached its highest level since November 2023, further weigh on Gold. Additionally, Wednesday's US Consumer Price Index (CPI) report signaled slower progress in reducing inflation, suggesting fewer rate cuts in 2024. Coupled with a bullish run in US equity markets, this has driven investors away from Gold. Traders now await the US Producer Price Index (PPI) release for near-term direction, with attention on Fed Chair Jerome Powell's speech later today. ⭐️Personal comments NOVA: The H4 price frame shows a strong downtrend, pay attention to the support zone, buyer liquidity here is quite large 2548 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2580 - $2582 SL $2587 TP1: $2565 TP2: $2550 TP3: $2530 🔥BUY GOLD zone: $2515 - $2513 SL $2508 TP1: $2525 TP2: $2540 TP3: $2560 🔥BUY GOLD zone: $2548 - $2550 SL $2545 scalping TP1: $2558 TP2: $2564 TP3: $2570 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
OANDA:XAUUSDShort
by Nova-Scalper
4
Gold looks bearish and give a retracement to 2600**Overview:** TVC:GOLD has been on a significant bull run for a prolonged period due to various fundamental factors driving its upward momentum. However, it has recently broken its bullish structure and is now trading below the previous support level of 2710. This level, which once served as support, is currently acting as resistance, marking a potential shift in trend from bullish to bearish. Gold is also forming a inverse Head and Shoulders pattern which can give a good target if played well. **Trade Plan:** Since gold is now trading below the critical resistance level of 2710, a short position could be considered. Place a stop loss just above the 2710 resistance to manage risk effectively. If this resistance holds and the price fails to reclaim it, it supports the case for a bearish move. Opening a short position in this setup can provide an advantageous risk-to-reward ratio, aligning well with short-term market direction. **Targets:** 1st TP: 2670 2nd TP: 2630 3rd TP: 2600 If you found this analysis helpful, please hit the boost and follow for more updates. **Note:** This analysis is purely my personal opinion and is intended for educational purposes only. It does not constitute financial advice. Always perform your own analysis or consult a certified financial advisor before making any trading or investment decisions. I am not responsible for any financial loss that may result from following this information.
CAPITALCOM:GOLDShort
by MrSharelock
Gold Market Downtrend Gains Momentum: What’s Next?**Gold's Downward Acceleration: Key Levels, Global Impact, and Technical Outlook** The gold market, particularly XAU/USD, is experiencing heightened volatility, with prices dipping below the critical 2600 level, signaling a sharp decline that has traders questioning what’s driving this downturn. Market sentiment is mixed: while some view this as a panic-driven selloff, others see it as a classic case of profit-taking. With the U.S. Consumer Price Index (CPI) and Producer Price Index (PPI) reports on the horizon, investors are left wondering whether there’s still a chance for a rebound—or if more downside is on the way. One of the significant factors weighing on the gold price is the economic stance of Chinese authorities. Their recent lack of robust support for financial markets has disappointed traders and fueled a cautious attitude. This reticence is likely influenced by renewed concerns over potential U.S.-China trade tensions, particularly with former U.S. President Trump hinting at possible tariffs. This tension has contributed to a drag on gold as investors brace for market reactions that could ripple through commodity markets globally. The U.S. dollar, meanwhile, has been bolstered by recent market dynamics, as investors shift focus toward the dollar as a safe haven amid economic uncertainties. Additionally, excitement around Trump’s political moves has temporarily lifted the greenback, while the likelihood of future Federal Reserve rate cuts has dwindled in recent discussions. This has placed further pressure on gold prices, as the precious metal often loses appeal in a rising-dollar environment. ### Economic Data to Watch: CPI’s Potential Influence on Fed’s Path With the CPI and PPI reports due for release, investors are acutely aware that any surprising inflation data could sway the Federal Reserve’s approach to interest rates. A higher-than-expected CPI could bolster the case for maintaining or even raising rates, which would likely support the dollar further. In contrast, if inflation data softens significantly, it could renew hopes for future rate cuts. Either way, gold traders will be watching closely, as these data points have the potential to shift the narrative around both the dollar and gold. ### Technical Analysis: XAU/USD in a Critical Zone From a technical perspective, gold’s current positioning is pivotal. The XAU/USD pair has breached an important support zone, attempting to break free from its recent range. Currently, the critical support levels to monitor are at 2604, 2569, and 2546. Resistance, on the other hand, stands at 2626 and 2637, with the 2626-2637 range aligning with a 0.5 Fibonacci retracement level, marking a potential target for a short-term correction. Should the price close consistently below the 2605-2600 threshold, it could pave the way for further declines. However, because gold is sitting on a strong support level, there’s potential for a false breakdown. In such a scenario, a corrective move may take prices up toward the 2626-2637 resistance zone. This correction could serve as a temporary reprieve before any continued bearish momentum, which may resume if market conditions remain unfavorable. In summary, gold is navigating a complex landscape influenced by economic indicators, global politics, and market sentiment. Investors should keep an eye on both macroeconomic updates and technical signals, as these factors will determine if the metal can find stability—or if the downward momentum will persist in the weeks to come.
FX:XAUUSDShort
by lonelyPlayer0
2
Gold maintains a strong downtrendSCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: The CME Group's FedWatch Tool shows the likelihood of a 25-basis-point rate cut at the next FOMC meeting has surged to over 80%, up from under 60% on Tuesday. Dallas Fed President Lorie Logan remarked that while significant progress has been made in lowering inflation, the central bank should move forward carefully. ⭐️Personal comments NOVA: After breaking the D frame support zone (2550), the downtrend will continue, waiting for the SELL SCALPING TEST 2550 zone. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2549 - $2551 SL $2554 TP1: $2544 TP2: $2538 TP3: $2530 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
OANDA:XAUUSDShort
by Nova-Scalper
1
XAUUSDHere is our view and update on XAUUSD . Potential opportunities and what to look out for. Since our last analysis on XAUUSD , gold has dropped from the break of 2678 all the way down to the targeted 2600 (KDZ) Key Demand Zone . We have dug deeper, 2590 to be exact. This is our new KL (Key Level) . We are expecting one of the two outcomes. Scenario 1: BUYS We are trading above 2590 with failing to break it, and we are starting to see some sellers exhaustion. Gold starts to turn and breaks above 2624 and continues breaking above other key levels. Scenario 2: SELLS We broke 2590 and are targeting our next KL (Key Level) 2650 . Breaking this key level would result in even deeper pullbacks down to 2530 . The direction for now is unclear until we break our mentioned key levels. Be patient and stay tuned for possible scalps on this pair. KEY NOTES - XAUUSD came to our KDZ (Key Demand Zone) 2600. - XAUUSD has dropped to lower areas (2590). - Trading above 2590 and breaking above would result in buys. - Breaks below 2590 would result in Scenario 2 unfolding. Happy trading! FxPocket
OANDA:XAUUSD
by FxPocket
XAUUSD 100% CPI signal Alert!The latest CPI update is in, and with Trump elected as the new President of the U.S., we’re seeing a strong bullish reaction from the DXY while gold is in a steep decline. We have two scenarios to consider: Scenario 1: If the government pauses interest rates until the new administration is in place, we may initially see a bullish spike in gold, followed by a decline. Scenario 2: If the government cuts interest rates by 0.5%, we could see gold drop by approximately 200 to 300 pips.
TVC:GOLDShort
by luxgoldtrader
Today's Trend Analysis and SignalsGold's late-session high-fall continued the weak adjustment pattern. Technical trading ideas: Continue to short at high prices during the day's rebound! The hourly chart Bollinger Bands narrowed, with the upper track at 2616 and the lower track at 2590. The current market 2616 is today's long-short dividing line! Gold is still weak, and the rebound is limited. The rebound is an opportunity to go short. Gold rebounded at 2616 in the Asian session and went short directly. The market is changing rapidly. Plan your trades and trade your plans. Gold is still rebounding at the moment. The rebound is an opportunity to continue to go short. The 1-hour moving average of gold is still distributed downward, and the rebound is limited. Gold also fell back after rising in the NY period, indicating that gold is only rebounding and has not reversed. Then gold will continue to go short. Gold will go short directly near 2616 in the Asian session. First support: 2690, second support: 2579, third support: 2563 First resistance: 2616, second resistance: 2625, third resistance: 2639 Trading strategy: BUY: 2586-2588 SELL: 2616-2618
OANDA:XAUUSDShort
by Jun-GoldAnalyst
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.
OANDA:XAUUSDShort
by Falcon-Training-Camp
Grab Your XAUUSD Scalping Chance!Market Analysis Summary: Buy Opportunity: Targeting the 2620 zone from the 2606-08 level. Sell Opportunity: Market Structure: Overall bearish trend, indicating potential downward movement. Upcoming Events: CPI report is on the horizon, which could introduce market volatility. Key Points to Consider: Monitor the 2730-27 zone for entry signals. Watch for price action around 2690 for potential reversals. Be prepared for fluctuations around the NFP release. Stay informed and adjust your strategies accordingly!
EIGHTCAP:XAUUSDShort
by bluechipfx
XAUUSD, 15-MINUTES TIMEFRAME CHARTXAUUSD, 15-MINUTES TIMEFRAME CHART XAUUSD CAPITALCOM:GOLD touched the resistance level of 2,613.00 General outlook XAUUSD has been under buying pressure within the last hour. The pair moved to the resistance level of 2,613.00. Possible scenario The best way to use this opportunity is to place a buy limit order at 2,608. Set your stop loss at 2,615. below the previous low ($8.00 loss for 0.01 lot) and take profit at 2,588. ($20.00 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. OANDA:XAUUSD CAPITALCOM:GOLD
TVC:GOLD
by QAZIFXTRADER
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.
OANDA:XAUUSDLong
by Mia-Signal