Black Friday saleUp to 70% OFF
CFDs on Gold (US$ / OZ)CFDs on Gold (US$ / OZ)CFDs on Gold (US$ / OZ)

CFDs on Gold (US$ / OZ)

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals

GOLD trade ideas

XAU ! Nov 18 ! Scalping BUY retest entry BREAK XAU / USD trend forecast November 18, 2024! SCALPING Gold prices saw their steepest weekly drop since September 2023, falling to a two-month low last week as the US Dollar surged to its highest level in over a year. Over the weekend, geopolitical events spurred safe-haven demand, helping the precious metal regain strong upward momentum during the Asian session as the new week began. US President Joe Biden approved Ukraine's use of US-supplied long-range missiles for deeper strikes inside Russia, which, in response, has reportedly deployed North Korean troops to bolster its military efforts. Trendline M30 - price drops to trend BREAK point, then bounces back /// BUY XAU : zone 2575-2572 SL: 2569 TP: 40 - 80 - 150 pips (2587) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
1
GOLD-SELL strategy 6 hourly chartWe have moved to $ 2,540 area after a strong correction from $ 2,785-2,790. From $ 2,540 area we moved up and we increased again to the levels we are at currently over a period of time. It is all about flight to safety, but one should wonder what flight are we on. The current state is overbought short-term, and it deserves a correction back to $ 2,625 once again before fresh attempt upwards. Strategy SELL @ $ 2,665-2,675 and take profit near $ 2,632 for now.
PEPPERSTONE:XAUUSDShort
by peterbokma
Gold price analysis November 25Fundamental Analysis Gold prices fell after hitting a near three-week high around $2,721-$2,722 in Asian trade on Monday and now appear to have snapped a five-day winning streak. US President-elect Donald Trump has nominated Scott Bessent as Treasury Secretary, removing a major source of uncertainty for the market. Additionally, reports that Israel is close to a ceasefire with the Hezbollah militant group in Lebanon have boosted investor confidence. This has translated into a bullish mood in the market and has pulled the safe-haven metal back to near the mid-$2,600 level. Furthermore, expectations that Trump’s proposed policies could spark inflation and limit the scope for further rate cuts by the Federal Reserve have turned out to be another factor undermining the non-yielding gold price. Meanwhile, Bessent has been vocal about the need to control the deficit and his nomination brought some relief to bond investors. This led to a sharp drop in US Treasury yields, prompting some profit-taking in the US Dollar (USD) following the post-US election rally to its highest level since November 2022 and helping limit any further declines in XAU/USD. Technical Analysis After a strong decline in the price zone of 2658, the recovery is approaching the breakout zone of 2673. The European trading session will pay attention to the 2773 zone. When the price breaks this zone in the European session, it will return to the uptrend today with an important price of 2684. In case the price pushes down and cannot break the temporary bottom of 2658, the strategy will wait to BUY again when there is a price reaction. If it breaks 2658, 2645 will become the strategic support zone of today to prevent the price of Gold from sliding.
OANDA:XAUUSD
by TVS-Trader
Gold’s profit this week has been 280%After hitting a two-month low, gold rebounded in the short term, mainly because US President Biden announced that Ukraine could use long-range missiles provided by the United States to carry out deep strikes into Russian territory. Russia said it would respond to this reckless decision, which would directly involve the United States in the conflict. This has increased the uncertainty of the major geopolitical event of the Russia-Ukraine conflict and boosted gold's safe-haven demand. Safe-haven buying has driven gold prices higher. Driven by yesterday's positive line that broke through the 5-day line, the gold market sentiment today is obviously bullish. During the Asian session, it rebounded and tested the pressure at 2627, without breaking the expected 60-day line pressure. On the hourly chart, this also completed the short-term three-wave rebound action. However, during the European session, gold suddenly rose again, testing the pressure at 2636. Such a trend is a 4-wave small rebound rhythm on the hourly chart. This state is acceptable, but it also reflects that there is an extreme sentiment in the current market. The United States continues to stir up tensions in the conflict between Russia and Ukraine, and the market's risk aversion sentiment has heated up. Safe-haven buying has pushed gold prices up. In terms of operations, it is recommended to treat it with a volatile mindset. Affected by the cooling of the Fed's interest rate cut expectations, it is difficult to determine that the current rebound is a reversal unless the tension further intensifies. The support for gold below is $2,620, followed by $2,610, and the pressure above is $2,650, followed by $2,660. Overall, today's short-term gold operation strategy is recommended to focus on callbacks and high shorts. The upper short-term focus is on the 2650-2660 line of resistance, and the lower short-term focus is on the 2620-2615 line of support.
OANDA:XAUUSD
by ckb6ckb6
"Looking for a Sell Setup Near Key Supply ZoneGold (XAU/USD) is currently trading at a critical level, and I am anticipating a sell setup near 2624. The zone aligns with a potential short-term resistance level, offering a solid risk-to-reward opportunity. [* ]Entry: 2624 Stop Loss: 2630 (Above the recent high to avoid premature stop-outs) Target 1: 2610 (Initial support level where price might react) Target 2 (Full Target): 2600 (Key round number with historical significance) This setup is supported by a strong bearish rejection at the supply zone, as indicated on the chart. With geopolitical tensions continuing in the Middle East and the U.S. Federal Reserve's uncertain policy outlook, gold's price is showing signs of exhaustion at higher levels.
OANDA:XAUUSDShort
by bluechipfx
GOLD ELLIOTT WAVE ANALYSIS: 24 NOV, 2024 ©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M. Wave count changed to maximize probability. Wave 3-grey has ended, and wave 4-grey is still unfolding, there is little data to suggest it has ended, I think it may still be developing. More specifically wave 4-grey is developing as a Flat, its wave ((a))-navy has completed, and its wave ((b))-navy is pushing higher, it could reach 2.765 (Wave ((b)) retraces 90% of wave ((a))-navy), or higher, then a push lower with wave ((c))-navy will unfold. Alternative wave count: Wave 4-grey has ended, and wave 5-grey will unfold. We also have a pullback with wave ((ii))-navy after that.
TVC:GOLDLong
by ShaneHua
Global Conflicts and commodities.Gold climbs for 4th session of $2660 per ounce as investors sought safety in the metals as geopolitical uncertainty intensified with escalating Russia Ukraine tensions. Global conflicts, like the ongoing Russia-Ukraine war, are driving volatility in commodities markets. Precious metals like gold, silver, and platinum have become safe-haven assets, attracting investors during uncertain times. Rising tensions often push their prices up as demand for stability grows. In my chart 2654 is last zone for by which is already cross above. 1-H supply is frm 80 to 75 in extension if breaks then 2700 is near. Asad iqbal khan Neuron Markets
PEPPERSTONE:XAUUSDLong
by AiK-Yousafxai
Gold continue down trendObserving today's sharp correction in gold prices, from an Elliott wave analysis perspective, we have completed wave 4 and are now poised to embark on the 5th wave, provided the price closes below 2614 as confirmation. The stop loss for this scenario is set at 2645. The targets are 2595, 2575, and 2555. Subsequently, we require confirmation of a close below 2542 to achieve the final target at 2483. (If the price closes below 2614, consider the stop loss at 2645.)
TVC:GOLDShort
by Ibrahim1984