Xauusdupdates
Gold’s Pullback May Signal New Buying OpportunityGold began the week on a weak note, with its price dropping by around 200 pips from peak to trough.
However, as I mentioned in my Friday analysis, a potential bottom may be forming, giving bulls hope for a recovery.
Currently, Gold is trading precisely within a former resistance zone that now acts as support.
As long as this level holds, there is a favorable outlook for a reversal.
For now, I remain optimistic about a rebound, with potential for the price to climb back above 2700.
Continued decline, market analysis and strategy sharingGold daily line single K closed negative, the 5-day moving average system crossed the 20-day moving average, and the overall short position was arranged. The auxiliary indicator MACD also crossed downward at a high position.
Gold fell under pressure from high levels, and gold continued to short in the Asian session. The rise of gold last week was just a reaction to the Fed's expectation of a rate cut. Gold finally rushed up and fell back, and waited for the rebound to continue shorting.
The 4-hour moving average of gold has now entered a short position arrangement with a dead cross downward. There is still room for gold to fall. Gold fluctuated after the second half of Friday night. Today's Asian session directly broke down, so gold still continued to choose to go down. Gold rebounded near 2690 in the Asian session and continued to short.
First support: 2660, second support: 2643, third support: 2630
First resistance: 2680, second resistance: 2691, third resistance: 2700
Trading strategy:
BUY:2661-2663
SELL:2690-2692
Gold Price Outlook: Key Insights for Next Weeks Trading DecisionGold prices dropped to a three-week low, as investors dumped the Gold commodity for the U.S. dollar following Donald Trump's presidential victory. With expectations of a stronger dollar and potential inflation-driving tariffs under Trump, the Federal Reserve may rethink its easing cycle. This video breaks down key market moves and sentiment shifts post-election, as traders reassess their ‘Trump trade’ strategies amid tariff uncertainty.
Looking ahead, next week's U.S. economic data releases—including inflation and retail sales—along with comments from Federal Reserve officials, are set to shape Gold’s direction. Join us to analyze the behavioural trends impacting XAU/USD and prepare for new trading opportunities in the week ahead.
#GoldMarket #XAUUSD #ForexTrading #TrumpEffect #USDollar #GoldAnalysis #TechnicalAnalysis #MarketOutlook
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
XAU/USD Longs from 2,66.000 back up?My analysis this week suggests that gold may accumulate around my point of interest at 2,660.00, where a 9-hour demand zone has formed. With liquidity and imbalance left to the upside, price might look to continue in its pro-trend direction.
Alternate Scenario: If price reaches the area around 2,740.00, we might see a retracement or bearish reaction. Given recent bearish pressure that’s led to a CHoCH and BOS, this scenario could align with the current order flow.
Confluences for GOLD Buys:
- A clean, unmitigated demand zone below.
- DXY has shown strong upside movement and may be due for a pullback.
- Significant liquidity lies to the upside.
- The overall market trend remains bullish.
P.S. If price respects the 9-hour supply zone and continues breaking structure to the downside, it could validate a temporary bearish move. Have a great trading week!
XAU/USD 11-15 November 2024 Weekly AnalysisWeekly Analysis:
Swing Structure: Bullish.
Internal Structure: Bullish.
Analysis/bias remains the same as analysis dated 27 October 2024
Price has continued its surge, reaching new all-time highs with no signs yet of bearish pullback phase initiation.
The initial indication of a pullback would be a bearish Change of Character (CHoCH), marked by a blue dotted line. Price's ongoing ascent has now positioned CHoCH significantly closer to most recent price action.
Weekly Chart:
Daily Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Gold's price has maintained its upward surge after printing a bullish Internal Break of Structure (iBOS), fueled by softer U.S. macroeconomic data and intensified geopolitical tensions.
In my weekly analysis dated 27 October 2024, I mentioned that price could potentially reach new highs, moving the bearish CHoCH positioning closer to current price. This shift would create a realistic opportunity for price to indicate the start of a bearish pullback phase.
This forecast played out as expected, with CHoCH positioning repositioned significantly nearer to recent price action subsequently printing a bearish CHOCH.
Price is now trading within an established internal range.
Daily Chart:
H4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Analysis/Intraday expectation remains the same as analysis dated 08 November 2024.
Price has now printed a bullish CHoCH indicating bullish pullback phase initiation.
Price has reacted from premium of 50% established internal range.
Intraday Expectation: Price is expected to weak internal low priced at 2,643.355
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:
XAUUSD top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
XAU! 11/8! Create liquidity for the downtrendXAU / USD trend forecast November 8, 2024
Gold prices rose above $2,700 after the Federal Reserve cut interest rates and noted that US election impacts are unlikely to be immediate. Currently, XAU/USD is trading at $2,704, up over 1.7%.
Wall Street gained further as the Fed unanimously lowered the federal funds rate by 0.25%. In its statement, the Fed pointed to solid economic growth, though labor market conditions have weakened slightly. Officials also observed that inflation is closer to the Fed’s 2% target but remains somewhat elevated.
Long term framework - gold price is still in a downtrend. Market recovered thanks to FED continuing to cut 0.25% as expected. Short term recovery
/// SELL XAU : zone 2719-2722
SL: 2727
TP: 50 - 150 - 300 pips (2692)
/// BUY XAU : zone 2667-2664
SL: 2659
TP: 50 - 150 - 300 pips (2694)
Safe and profitable trading
XAUUSD: Key Resistance 2712-2720Following the rate decision, gold saw a slight pullback as expected, then rebounded near support. Those following the long strategy have locked in profits. Looking ahead, the focus now shifts from support to resistance, specifically in the 2712-2720 range. If gold reaches or approaches this resistance zone, it may offer an opportunity for short trades. However, caution is advised; avoid excessive risk, and stay alert to signals of a potential trend shift in the broader timeframe.
Gold's Game: Bouncing Back from Key LevelsLet’s talk about Gold for a sec.
I mentioned before that this level would be attractive for Gold because there’s liquidity and a local minimum that traders all over the world are eyeing and will be trading around. And that’s pretty much what happened.
But then Gold dipped lower and 'knocked' on another level of accumulated liquidity—what some folks call the 'triangle,' or whatever works for you. It knocked and then bounced back up, leaving those bears who got stuck in short positions in a bit of a tough spot.
So, bottom line, the sentiment is bullish for now, but it’s more like a 'borderline' bullish vibe, to be honest..
Capture Final Profits with Targeted Range TradingMarket Analysis: Today marks the final trading day of the week, and after capitalizing on the week’s significant volatility, we’re positioned for a more subdued session. With the U.S. presidential election concluded and the Fed’s rate hike now settled, external drivers for gold have largely subsided. As a result, gold is likely to trade within a defined range without any dramatic price swings.
Forecast and Range Projection: Gold is expected to fluctuate within a range, with resistance at 2705 and support at 2690. As it approaches resistance, prices may dip, while support levels around 2690 could trigger a rebound. Accordingly, today's trading strategy is simple: focus on range-bound trades by selling at resistance and buying at support.
Trading Strategy:
Sell near 2705
Buy near 2690
Recommendations: For those ready to execute, this plan provides clear guidance for capturing profits within the range. For detailed strategies and ongoing insights, please contact me. VIP members will receive a complete weekly trading plan, tailored to maximize returns on today’s final moves.
Focus on 2700, short on highs in US tradingGold's 1-hour moving average continues to diverge downward in the short position, without any signs of turning. Gold's short position has not ended yet, and there is still room for downward movement. Yesterday's rise in gold has digested the expectations brought by the interest rate cut. It has fallen back after being under pressure at 2710 many times, indicating that gold's bullish momentum at high levels is not strong. The US market rebound is still short. Gold rebounds below 2710 in the US market, and it continues to be short at highs.
It can be shorted first when it rebounds near 2700. The market changes rapidly. Don't be fooled by the seemingly strong rebound as a reversal. Gold continues to be short.
Trading strategy:
Shorting on rallies in US market.
SELL: 2699-2701
XAU/USD 08 November 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price has now printed a bullish CHoCH indicating bullish pullback phase initiation.
Price has reacted from premium of 50% established internal range.
Intraday Expectation: Price is expected to weak internal low priced at 2,643.355
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: Bullish.
-> Internal: Bullish.
Price Action Analysis: Price has printed a bullish iBOS followed by a bearish CHoCH, indicating the initiation of a bearish pullback phase.
Intraday Expectation: Technically, price is expected to react from either the discount of 50% internal equilibrium level (EQ) or the M15 demand zone before targeting the weak internal high.
Alternative Scenario: Given that the H4 timeframe is in a bullish pullback phase, it's no surprise that the M15 chart has printed a bullish iBOS. However, with H4 price trading up to premium of 50% internal EQ and reacting from that premium zone, it wouldn’t be surprising if the price prints a bearish iBOS.
Note: With the Fed's softer policy stance and escalating geopolitical tensions, elevated price volatility is likely to persist.
M15 Chart:
XAUUSD: 8/11 Today’s Market Strategy and SignalsGold technical analysis
Daily resistance 2761, support below 2600
Four-hour resistance 2720, support below 2678
Gold operation suggestions: After a sharp drop of nearly $100 on Wednesday, gold rose by nearly $70 yesterday.
From the 4-hour chart, it stabilized and rebounded from the 2643 line, and 2700 was lost and regained. Today's opening is near the Bollinger middle rail. The hourly chart rebounded too fast yesterday. Today's support below is 2678, and the upper resistance is around 2718-20. The overall intraday support relies on this range to maintain high selling and low buying.
BUY:2778near SL:2774
SELL:2720near SL:2725
The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.
XAU/USD – Is the Uptrend Ready for the Next Move?Gold is approaching a major support level within its rising channel! 📊 Could this be the next higher low (HL) in the uptrend?
If bulls step in here, we might see a push back toward the channel highs! 🚀
🔹 Key Support Levels: $2,655 is the immediate support, while $2,580 serves as a critical backstop below.
🔹 Potential Setup: Long on bullish confirmation around these supports.
🔹 My Thought: I believe Gold could be forming another HL here, potentially setting up for another push higher before any major correction. Historically Gold has shown bullish momentum leading up to U.S. elections, rallying once before turning bearish afterward.
What are your thoughts? Are you bullish or bearish on gold?
💬 Drop your comments below and let’s discuss! 👇
Resistance 2720. Support 2692. Today's market analysisGold attacked 2710 and stood on the 2700 mark again. The adjustment range is very large. The market fluctuated greatly recently, fluctuating back and forth by 70~100$, so don't chase the rise or follow the short. Pay attention to the continued high action at the end of the week. Go long first and then go short when the correction is made!
The Federal Reserve's interest rate decision for gold was cut as expected, and the expectation of interest rate cut was realized. Gold is now encountering resistance and fluctuating. Today, it is mainly high and low. After the strong rebound of gold yesterday, the short trend of gold has temporarily come to an end, but the market may not reverse. It is likely to start a volatile market again.
The 1-hour moving average of gold has not turned around yet, and gold may not start to reverse for the time being. Gold seems to rebound strongly, but gold has repeatedly fallen under pressure above 2720. It continues to go short at highs below 2720 in the Asian session. Gold 2720 can be shorted first.
First support: 2692, second support: 2687, third support: 2672
First resistance: 2720, second resistance: 2736, third resistance: 2750
Trading strategy:
Trading based on resistance and support, BUY: 2691-2693. SELL: 2720-2722
Long xauusd• Current Price: As of this data, the price is around 2,705.9 USD per ounce, showing a slight decrease of 0.6 USD, or about -0.02%.
• Chart Analysis:
• A red moving average line is displayed, possibly a short or medium-term trend indicator. The price action is below this moving average, suggesting a bearish or downward trend over the period shown.
• There are red and green candlesticks representing the price movement in each hour.
• The current price (2,705.9) is marked on the right-hand side, with 2,706.5 just above it as another price level.
Best trading opportunity before interest rate decision!Market Analysis: Gold has made a powerful comeback today, and those who followed my buy recommendations yesterday have seen substantial profits—congratulations to all VIP members! Reviewing yesterday’s price action, gold's sharp decline was primarily triggered by Trump’s election win, a bearish news factor that was quickly digested by the market. With the Fed’s rate decision looming today, gold remains in a bullish trend.
Forecast and Price Movement: Analyzing the current market setup, I anticipate a minor pullback in gold, likely toward the 2680 level. This dip is expected as the gold market prepares for a potential Fed rate cut in the next few hours. Thus, I foresee a brief drop in prices leading up to the rate announcement, followed by a significant rally post-cut.
Trading Strategy:
Aggressive Approach: Enter a short position at current levels but secure profits before the rate decision.
Conservative Approach: Wait for a pullback before the rate cut to establish a long position, capitalizing on the anticipated post-cut rally.
Summary and Recommendations: This analysis should provide a clear direction for today’s gold trading. For a detailed breakdown of this week’s trading strategies, please reach out. All VIP members will receive an exclusive, complete trading plan to maximize gains during this pivotal market phase.
Gold New ATH Target As I predicted in last chart of OANDA:XAUUSD for a retracement level to achieve for continue it's bullish trend that is done and now OANDA:XAUUSD will continue it's bullish trend and will give target of 2835 as I mentioned in chart you can read the chart and give your reviews in comments and follow me for more updates
💥Take entry now at 2660-2661
📉And hold till my given targets 2835
For day trader entry on same price
Targets
2691
2712
2718
XAUUSD:7/11 Today's Market Analysis and StrategyGold technical analysis
Daily resistance is 2700, support below is 2600
Four-hour resistance is 2678, support below is 2638
Gold operation advice: Affected by the U.S. election, short sellers experienced a unilateral decline. Before the U.S. market, the decline accelerated and broke through the 2700 integer mark and continued to decline to a weak close near 2652. After the overall gold price formed a short-term top platform area above 2730, it ushered in Short selling chips fell.
From the 4-hour market trend, gold pays attention to the suppression of 2678 above and the support of 2638 below. The operation is mainly short-selling after rebound. At the same time, the weekly level support is near 2638!
BUY:2738near SL:2735
SELL:2678near SL:2681
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
Expectations of a Fed rate cut boosted the reboundMarket Analysis: Today, gold prices have fallen below the 2700 mark following a surge in the U.S. dollar after Donald Trump’s surprising political comeback as President. The primary driver behind this pullback is the market’s expectation that Trump, known for his pro-capitalist stance, will prioritize U.S. economic growth. This outlook has strengthened the dollar, resulting in downward pressure on gold.
Currently, it appears the market has largely priced in the bearish impact of Trump’s election, limiting gold's potential for further decline. Additionally, the Federal Reserve’s two-day policy meeting, concluding on Thursday, is expected to result in a 25-basis-point rate cut, which would likely provide upward momentum for gold.
Trading Strategy: Given the current low levels, going long on gold presents a strategic opportunity. With the anticipated Fed rate cut, we can expect a positive impact on gold prices, fueling a rebound.
Recommendation: Based on this analysis, the general trading direction should be clear. For specific entry points and comprehensive weekly strategies, please reach out. All VIP members will receive exclusive access to this week’s detailed trading plan.