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Xauusdupdates

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 NOW IN BUYING ZONE !!! HELLO FRIENDS As I can see #GOLD is now trading above 2550 zone and fail to break a strong Support Zone we are watching also Fib levels it's also showing us a great retracement had done but still we can see 0.61 did not achieve we are buying here on the base of daily Strong POI which can give us great pips and also for long term traders it's a great entry Middle East problems escalating by HAMAS & other proxies which investors did not under estimate and they love these types of dip Ending of year and opening 2025 Trump new elected bad US economy investors always love safe haven not Bonds so we can't miss these incoming moves we had just sent yesterday our perdition on Gold Drop which is attached in comment we need Ur love and boost the idea, so it helps to be many other traders Stay Tuned for more updates ....
OANDA:XAUUSDLong
by APEX_TRADING_ACADMEY
2
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
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
XAU/USD 13 November 2024 Intraday AnalysisH4 Analysis: -> Swing: Bearish. -> Internal: Bearish. Analysis/bias remains the same as yesterday's analysis dated 12 November 2024. Price has printed a bearish iBOS followed by a bearish BOS. This is in-line with all HTF's requiring a pullback. Intraday Expectation: Price to indicate bullish CHoCH to indicate bullish pullback phase initiation. Bullish CHoH positioning is denoted with a blue dotted line. Note: Due to the Fed’s softer stance and ongoing geopolitical tensions, we should remain mindful that volatility in Gold is likely to persist. H4 Chart: M15 Analysis: -> Swing: Bearish. -> Internal: Bearish. Analysis/bias remains the same as yesterday's analysis dated 12 November 2024. As mentioned in my analysis dated 8 November 2024 that I would not be surprised if price printed a bearish iBOS. Price Action Analysis: This is how price printed, printing a bearish iBOS followed by a bearish BOS. Price has printed a bullish CHoCH indicating bullish pullback phase initiation. We are now trading within an established internal range. This is in-line with all HTF's need for a pullback. Intraday Expectation: Price to trade up to either premium of internal 50% EQ or M15 demand zone before targeting weak internal low priced at 2,589.725. Note: With the Fed's softer policy stance and escalating geopolitical tensions, elevated price volatility is likely to persist. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Gold- In search for a bottomTrading OANDA:XAUUSD has been nothing short of a roller coaster since early October. Initially, it seemed like the rally might never end, but now the drop is unfolding in a similar manner. Although I anticipated a strong decline, I’ll admit that I didn’t expect it to be quite this steep. Gold has now fallen 2,000 pips from its all-time high, and to me, it’s clear that the 2,800 level is likely to hold for a while. However, the outlook for the downside remains uncertain. The price has broken below several key support zones and even briefly tested levels below the 2,600 mark. On a positive note for the bulls, each dip below 2,600 has been met with a quick reversal, which may suggest a false breakout. Whether this holds true is still unclear and requires confirmation—a move back above 2,620 would be a positive signal, potentially setting 2,660 as the next target. On the downside, there is significant support at 2,525, although recent rebounds from 2,600 make it unlikely this level will be tested in the coming days (though with this level of volatility, anything is possible). In summary, I am currently out of the market but will be watching closely for clear signs of a bottom to confirm a new buying opportunity.
OANDA:XAUUSD
by Mihai_Iacob
9
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.
OANDA:XAUUSDShort
by Falcon-Training-Camp
Bearish trend, the lower target is around 2600Gold daily line fell below a new low again. After a short rebound was blocked, it began to fall. After a short correction, it was ready to break the low again to open the falling wave, and at the same time pulled the indicator to turn downward. The short-term market is expected to repair the rise, and the trading strategy is to maintain the rebound short position. Gold 4-hour moving average continues to cross the downward short position arrangement. The decline of gold is far from over. After gold fell below the last low of 2643, gold now 2643 has become a resistance to suppress gold's rise. Gold continues to be sold below 2643 in the Asian session. Gold rebounds near 2640 and can be sold. First support: 2603, second support: 2592, third support: 2578 First resistance: 2633, second resistance: 2642, third resistance: 2658 Trading strategy: BUY:2602-2604 SELL:2640-2642
OANDA:XAUUSDShort
by Jun-GoldAnalyst
XAU/USDS 12 November 2024 Intraday AnalysisH4 Analysis: -> Swing: Bearish. -> Internal: Bearish. Price has printed a bearish iBOS followed by a bearish BOS. This is in-line with all HTF's requiring a pullback. Intraday Expectation: Price to indicate bullish CHoCH to indicate bullish pullback phase initiation. Bullish CHoH positioning is denoted with a blue dotted line. Note: Due to the Fed’s softer stance and ongoing geopolitical tensions, we should remain mindful that volatility in Gold is likely to persist. H4 Chart: M15 Analysis: -> Swing: Bearish. -> Internal: Bearish. As mentioned in my analysis dated 8 November 2024 that I would not be surprised if price printed a bearish iBOS. Price Action Analysis: This is how price printed, printing a bearish iBOS followed by a bearish BOS. Price has printed a bullish CHoCH indicating bullish pullback phase initiation. We are now trading within an established internal range. This is in-line with all HTF's need for a pullback. Intraday Expectation: Price to trade up to either premium of internal 50% EQ or M15 demand zone before targeting weak internal low priced at 2,589.725. Note: With the Fed's softer policy stance and escalating geopolitical tensions, elevated price volatility is likely to persist. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
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
OANDA:XAUUSDLong
by GoldMasterTrades
1
How to layout gold under a sharp declineOn Monday, gold faced a severe downturn, plummeting by $60, setting a bearish tone for the week. Fundamental Analysis: Following Trump's victory, the U.S. dollar strengthened as investors anticipated a shift from the Federal Reserve toward a less dovish stance. The market expects that Trump’s proposed economic policies will pave the way for high economic growth in the U.S., potentially complicating the Fed’s efforts to control inflation. This scenario may prompt the Fed to reassess its future policy easing path. All signs point to significant downward pressure on the gold market, suggesting that any rally could provide an opportunity to short. Technical Analysis: On the hourly chart, gold prices appear to be stabilizing around the 2613 level, indicating that an initial oversold rebound may be imminent. Current Gold Strategy: Consider long positions around 2613. If prices rebound to approximately 2625, this could serve as an entry point for short positions. For those following this analysis, these insights should clarify the general trading direction for the week. For a detailed strategy, feel free to reach out. I will be sharing the complete weekly trading strategy with all VIP members.
OANDA:XAUUSDLong
by Falcon-Training-Camp
XAUUSD: 11/11 Today's Market Analysis and StrategyGold technical analysis Daily resistance 2761, support 2638 Four-hour resistance 2678, support 2638 Gold operation suggestions: Last Friday, the overall gold price fell sharply from a high level. Today, Monday, the short position continued from last Friday, and the trend is still mainly short selling. Judging from the current market trend, we still need to continue to be bearish on the market this week. Pay attention to the short-term 2668 line pressure on the upper side. The key pressure point on the upper side is maintained at 2675~2680, which is also the dividing line between long and short this week. The key support below is maintained near 2638. Once it continues to break down, it is very likely to start a large downward trend. The operation is still treated as rebound short selling, and wait patiently for key points to enter the market. SELL:2668near SELL:2638near The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.
TVC:GOLDShort
by ActuaryJ