GOLDThe price of gold decreased during the US presidential election, but in the future, the price of gold can return to its previous price. Sasha CharkhchianLongby sashacharkhchianUpdated 2
THE KOG REPORT - ELECTION SPECIAL UPDATEEnd of day update from us here at KOG: The path has worked quite well so far with price testing the high, adhering to KOG's bias for the day and week and respecting the red boxes. We've managed to stay the right way and capture most of the move down completing nearly all the bias level targets on the KOG Report. So, what now? We have major support below at the 2650-55 region with slight extension in to 2645. If this level is attacked and defended in the coming sessions we should get a move back upside into the initial levels of 2675 and above that 2680-5. We do need to see a clean reversal for this to happen so let's be patient if you're looking to go long. Those who followed and are short, we suggested protecting and taking partials along the way while enjoying the move. For now, planned and executed, Excalibur and the red boxes performing well. Let's see what tomorrow's news brings. As always, trade safe. KOG by KnightsofGold59
gold soldgold spot had a light retracement took the short and now happy in profit Shortby Forexnation2372
Silver Short-Term Analysis for 08/11/2024Disclaimer: This is my personal opinion and is intended for educational purposes only. Please consult your financial advisor before making any decisions. Time Frame: 4-hour Market Analysis: The 4-hour XAGUSD chart exhibits a bearish trend, with the Relative Strength Index (RSI) indicating a slight oversold condition. Key Levels: POC (Daily Point of Control): 30.59 Order Block (Lower Target): 28.90 - 28.72 Resistance: 32.74 Local Support: 30.12 Trading Bias: The price is retesting the strong support level at 31.47. If it holds, the price may move upward to 32.75 (POC). Conversely: A break below 30.12 (local low) could send the price to 30.80 (previous low). If 30.81 holds as support, the trend may turn more bearish, potentially dipping to 28.92 - 28.72. by avatarfreak1
Xauusd sell signal Gold price bounced off the important support at $2,641, which is the confluence of the 50-day Simple Moving Average (SMA) and the 78.6% Fibo level of the latest record rally from the October 10 low of $2,604 to the new all-time high of $2,790. Gold now sell 2685 Support 2660 Support 2630 Resistance 2705Shortby JohnHarry_7Updated 2
Update the latest gold price today. Today, gold prices rebounded, climbing over $48.4 to reach $2,708.8 per ounce. This rally, a gain of more than 1%, was fueled by a weaker U.S. dollar and the anticipated 0.25% rate cut announced by the Federal Reserve on Thursday. Currently, the market is pricing in the possibility of another 25 basis-point cut in December. However, if former President Trump returns to office, future rate cuts might face hurdles. Concerns over rising prices and persistent inflation could compel the Fed to keep a restrictive monetary policy longer than desired. This outlook poses a challenge for gold. If inflation worries prevent the Fed from lowering rates, prolonged high-interest rates would diminish gold's appeal compared to interest-bearing assets, adding downward pressure on its price.by ChipucuUpdated 2
No false-break upwards here in Gold-It's moving up fast Gold and Silver had a healthy downwards correction from what I understand. A few nervous Gold-holders after Donald Trump's re-election. But there is much more to the story for gold prices to go higher. I see the intraday charts looking bullish for silver and gold today, as momentum is shifting back to the upside. Wait and see what the Economic News tells us before rushing to go Long Economic data just released was probably more in favour of the USD, but I note it was a mixed-bag release and in some ways favouring Gold price. Gold price has shrugged off the data it seems. Longby Easy_Explosive_TradingUpdated 1
SILVER - Bullish Bias - 1h TFSimple Dow therory principle Series of HH-HL Stop Loss should be last HLLongby Trad3withKamilUpdated 4
Gold : A Perfect Buy Opportunity Amid Expected Pullback!Yesterday, gold prices surged above 2700, rising $60 from open to close. Following such a significant increase, some pullback is likely in today’s session. However, this does not signal the end of the uptrend but rather a natural price correction. After the pullback, gold is expected to resume its upward momentum, with potential to break above 2730. Based on this analysis, today’s strategy is to continue buying gold. The ideal buying range is between 2688-2674, with a target set between 2725-2732. This pullback presents an excellent entry point for bullish positions, creating the potential for further profits!Longby Wealth_Waves112
XAUUSDGold (XAU/USD) is one of the world's most widely traded precious metals and a traditional safe-haven asset. As an inflation hedge and store of value, gold often attracts investors during times of economic uncertainty or market volatility. The price of gold is influenced by multiple factors, including interest rates, currency strength (particularly the US dollar), geopolitical events, and supply and demand dynamics. When the US dollar weakens, gold typically becomes less expensive for holders of other currencies, potentially increasing demand and driving up prices. Similarly, lower interest rates tend to make gold more attractive since it doesn't generate yields like bonds or savings accounts.Shortby HavalMamar1
Chart Idea - Swing Long on NQSwing Long Setup Entry - 21200 SL - 19900 TP - 23600 RR - 2:1 Not a financial advice... Do your own research !!Longby smwajeeh1
Daily Gold (XAUUSD) AnalysisGold is currently showing a notable bearish momentum, with a significant black candlestick indicating strong selling pressure. Key levels of interest have been identified based on supply and demand zones as well as support and resistance levels. Supply Zone (Potential Resistance): The area around $2,723 - $2,755 USD has acted as a recent supply zone. This region could serve as a resistance point for gold if it attempts a retracement. A sell limit is set at $2,715.85 USD, slightly below this zone, indicating a potential short position if price tests this area. Demand Zone (Support Levels): Demand Zone / support is identified at $2,638, $2,622, and $2,602 USD, providing additional demand zones where buyers may enter. Risk and Reward: With a potential short position near the $2,723 - $2,755 supply zone, the stop loss is likely placed just above the upper limit of the zone to avoid being stopped out by a small retracement. Trend and Indicators: The strong bearish candlestick suggests that bears currently control the momentum. However, monitoring if gold holds support around $2,650 will be crucial to anticipate any possible recovery. If gold fails to hold the $2,650 level, it could move further down to test lower support levels, with a potential medium-term target around $2,622 - $2,602.Shortby Mohamed_Kabesh2
Gold below 2700! The rally continued to fallHello, traders took profits on the latest Trump trade, causing the dollar to retreat from a four-month high and boosting gold prices on Thursday. The dollar continued to weaken after the Fed cut its benchmark interest rate by 25 basis points, taking it to its target range of 4.50% to 4.75%. Short on the sideways side - wait for the 2700 resistance area to sell Selling price: 2700 SL: 2705 TP1: 2690 TP2: 2685 TP3: 2680Shortby xrrsxrrsUpdated 6
Gold price analysis November 8Fundamental Analysis After Trump took office, hopes that his policies would boost economic growth and inflation, to a greater extent, overshadowed the dovish outlook of the Federal Reserve (Fed), which helped revive demand for the US Dollar (USD). In addition, a generally positive risk tone undermined the safe-haven precious metal. Meanwhile, falling US Treasury yields could keep US bulls from placing aggressive bets and help limit any further downside in non-yielding Gold prices. However, XAU/USD, for now, appears to have stalled its nice recovery from the 50-day Simple Moving Average (SMA) support, or above the three-week low touched on Thursday, and remains on track to post a second consecutive weekly loss. Technical Analysis If the correction of gold fails to exceed the 2690 zone, the recovery may last until the beginning of the US session. Our target is around 2676 at this signal. Today's main port area is noted around the bottom of the 2650 correction wave. When gold breaks 2690, wait for a retest and BUY to the 2710 and 2730 zones.by TVS-Trader2
USOIL Will Go Lower! Short! Take a look at our analysis for USOIL. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 71.22. The above observations make me that the market will inevitably achieve 66.07 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProvider114
GOLD / XAUUSD TODAYGOLD / XAUUSD TODAY for me is more sell It's good opportunity to entry but it is just my view My risk is 1% accountShortby xMastersFXUpdated 112
Gold Update - wave 5-circle down in the wave 3 DownI am in short for get profit from wave ⑤ down. will update laterShortby tSageHuzUpdated 1
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.Shortby Falcon-Training-CampUpdated 2
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 $2,605 (lower limit). This range outlines the expected volatility in gold prices. Longby ArinaKarayiUpdated 7
GOLD Technical Analysis! BUY! My dear subscribers, My technical analysis for GOLD is below: The price is coiling around a solid key level - 2684.2 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 2718.8 My Stop Loss - 2662.8 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK Longby AnabelSignals112
Selling opportunity for XAUUSDHey guys, Based on the chart we can consider a bearish movement for XAUUSD because we consider a bearish trend line and also a bullish swing has been broken in 15 min timeframe which we consider this as a resistance level for this movement. The risk reward ratio for this position is 1:3. Good luck.Shortby Brian_Philips1
CRUDE OIL (#WTI): Further Growth AheadIn the 📈USOIL chart, prices have broken through a key horizontal resistance and closed above it, signaling a potential continuation of the bullish trend. With the current market rally, this breakout may lead to further upward movement. We expect the bullish trend to extend toward the 73.56 - 74.61 range.Longby NovaFX233
GOLD H$ SHORT after H&S completed GOLD has been gone up quite some time. I think now it is a correction or investors wanted to take some profits as well. A SHORT GOLD in H4 for today and close the position tonight. Never put my trade overnight especially GOLDShortby VikiSoh1