Goldas gold is still in a strong uptrend in 15m time frame and above, it has shown a correction here, and I am entering a long position at the v-formation neck for a tp 2
GOLD trade ideas
Gold is setting up for a bearish play...I been waiting for this move. And now it finally looks like it is setting up for the sell. sitting on hands until after Asian range completes to give a clear DVA.
Gold a Nice buy since i mentioned it.. Here is Gold coming back higher to touch some ground and drop again.... Patience is the key
XAUUSD:Long and short trading strategy of the day
Yesterday's gold rose all the way, the daily line closed the sun line, we can't deny that the market is always right. We are still insisting on bearism it directly V turned over, the main rising market has a number of reasons, one is the escalation of the situation in Russia and Ukraine, another is the strengthening of interest rate reduction expectations. The recent market is the elevator market straight up and down, yesterday's gold 2564 rose to 2614, and then again pulled up to 2623, up 60 points at present, short-term form and indicators have turned more, but the weekly line has not changed the big short, in the operation first follow the short long low, in the big pressure or to short, Now gold is a big rebound after the big fall, the weekly big V shape has not been formed.
The daily sun will support today's long inertia rise, Asia and Europe period to find the opportunity to bear, if directly pulled up to 2642-2648 this weekly pressure can also be short, short - term back step waiting for more opportunities, 4 hours of strong support has been up to 2589 near, hourly support near 2603. This is the long point, now adjust your mind to follow it.
Support 2603 and 2589, pressure 2629, strong pressure 2642-2648, disc strong and weak water line 2603.
GOLD--> Local trend changing? Will it rise to new ATH?OANDA:XAUUSD after a false breakout at 2700, the price has returned to a correction phase, aiming to consolidate its potential for continuing the trend. In the current situation, the fundamental backdrop is shifting in favor of the metal, which active buyers are pursuing...
Gold has not reacted significantly to the previous rally of the dollar, despite hawkish signals from the Fed.
The reason for the metal's rise lies in the escalation of tensions following the UK and US allowing Ukraine to use weapons to strike deep into Russian territory. Russia responded with stronger attacks afterward. Fundamentally, these actions make gold a safe haven choice for protecting assets.
This week, due to the Thanksgiving holidays in the US, trading volumes are expected to fluctuate sharply at the beginning of the week.
Technically, it is predicted that the precious metal could update its ATH this year. However, short-term levels ahead need to be monitored closely. Specifically:
Support levels: 2685, 2675, 2650
Resistance levels: 2711, 2733, 2750
Nonetheless, the upcoming resistance levels must be observed, as they are likely to trigger the next move for the metal. The adjustment toward the nearest liquidity zones is expected, but we are not talking about a reversal. The correction could end quickly, and the price is likely to return to an upward phase. The medium-term target is 2731-2750.
Gold price analysis November 22Gundamental analysis
Gold (XAU/USD) maintained its strong intraday gains in early European trading and is now trading near a two-week high, just below the $2,700 mark. Persistent geopolitical risks stemming from the worsening Russia-Ukraine conflict helped the safe-haven precious metal extend its weekly rally for a fifth straight day. In addition, expectations that US President-elect Donald Trump’s expansionary policies could stoke inflationary pressures turned out to be another factor in favor of the commodity, which is seen as an inflation hedge.
Meanwhile, buying of the US dollar (USD) remained unabated amid growing acceptance that higher inflation could limit the scope for further rate cuts by the Federal Reserve (Fed). Furthermore, expectations of a less dovish Fed, coupled with concerns over a larger fiscal deficit, still favor rising US Treasury yields, although they have not significantly dampened the bullish sentiment around non-yielding Gold. XAU/USD bulls have even ignored the prevailing risk-on sentiment, suggesting that the path of least resistance for bullion is to the upside.
Technical Analysis
2708-2710 is emerging as a technical resistance zone at the moment with corrective waves expected. 2673 and 2675 are the two targets we are aiming for. Note that today is the weekend so huge volatility is still waiting for the US session.
Gold Idea UpdatedOnce again an update on what we decided to take last week... We mentioned we could turn Bull as the Weekly 23.6 fib zone got rejected from... We bought at 2560 and 68.....Now we are at 2657 almost 1000 pips up.... 2663-73 is next
Gold OutlookIf 2620.96 is broken and closed below I will be looking for a retest. Currently sitting at 38.2 for a trend continuation. Micro trend is bearish at the moment.
The bullish channel which began back in February 2024 has broke and current price is the top of the retest outside of said channel whilst also the top of a newer bearish channel.
High probability that I will be looking at short positions in the near future.
XAUUSD BUY 4 HOUR TIME FRAMESTRONG DEMAND ZONE
Price has to feel gap up above
Expecting a 2:5 Risk Reward Let's see:)
Xauusd Swing Sell Xauusd has already rejected support last week and after rejecting it has shown strong Bullish movement. 2675 is a strong resistance area. If daily candle rejects 2675 than we can sell with Target 2556.
Fundamentals are Bullish so sell after proper confirmation.
Gold possible buy Price has been going upward for awhile now, I love continuation trend since it function for one to follow the trend without thinking otherwise
Daily live trade with XAUUSD in 15m/30m/1h 20241119Daily live trade with XAUUSD in 15m/30m/1h 20241119
XAU / USD ! 25 Nov ! Gold price adjusted downXAU / USD trend forecast November 25, 2024
Gold prices (XAU/USD) surge to approximately $2,720 during the early Asian session on Monday, supported by a weakening US Dollar (USD). The USD's sell-off lends support to the USD-denominated Gold price, while escalating geopolitical tensions further bolster demand for safe-haven assets like the yellow metal.
Investors remain focused on developments in the Russia-Ukraine conflict. Last week, Russian President Vladimir Putin lowered the threshold for a nuclear strike in response to an expanded range of conventional attacks, following reports that the US had permitted Ukraine to use American-made weapons for deeper strikes into Russian territory. This situation is likely to sustain safe-haven flows, benefiting Gold prices.
Gold adjusts H2 fibo, downtrend creates more liquidity for the market
/// BUY XAU : zone 2651-2648
SL: 2643
TP: 50 - 150 - 300pips (2678)
Safe and profitable trading
Gold Bullish Scenario .by closing above 2760 .
should be able to break ATH again to keep flying for the next targets as marked on chart .
still need to break ATH first anyway .
XAUUSD: Trend in 30 Min timeframevery important level for GOLD,
Please pay special attention to the colored levels.
>>>>>>>>>>>>>>>>>>> very sensitive <<<<<<<<<<<<<<<<<<<<<<<<
Be careful
BEST
MT
XAUUSD Potential price correction from crossing of Resistance leGold (XAUUSD) has recently broken and closed above the $2,650 resistance zone, indicating strong bullish momentum. The market is now approaching the previous week's high at $2,686 and the psychological level at $2,700. Additionally, a global upward trendline, which has supported the price since the summer, lies above these levels.
At these resistance points, there may be selling pressure, potentially causing the price to consolidate or move sideways. The market might also seek liquidity above the previous week's high before retracing. A break and retest scenario is possible, where the price tests these resistance levels and then pulls back. The target for this pullback is the support zone around $2,635.
It's important to monitor price action near these key levels to confirm potential reversals or continuations. Traders should also consider external factors, such as economic data releases and geopolitical events, which can influence gold prices
XAU ! 11/20 ! Gold sideways, holding above 2600XAU / USD trend forecast November 20, 2024
Gold prices (XAU/USD) continue their intraday retreat from the $2,642 level, a one-and-a-half-week high reached earlier on Wednesday, dropping to a new daily low during the early European session. The US Dollar (USD) gains support from dip-buying, fueled by a notable rise in US Treasury yields amid expectations of a more cautious approach to policy easing by the Federal Reserve (Fed). This shift in sentiment diverts investment flows away from the non-yielding yellow metal.
Gold price recovered, still maintaining above 2600, sideways price range 2600-2645
/// SELL XAU : zone 2629-2632
SL: 2637
TP: 50 - 100 - 300pips (2602)
Safe and profitable trading
Gold Positive - Rebounds on Military TensionsXAU / USD trend forecast November 19, 2024
Gold prices (XAU/USD) drew safe-haven demand on Monday, rebounding after last week's sharpest weekly decline in over three years and breaking a six-day losing streak amid escalating geopolitical tensions.
Additionally, a pullback in US Treasury yields led to profit-taking on the US Dollar (USD) following its post-election surge to a new year-to-date high, providing further support for the non-yielding yellow metal.
Korean peninsula tension - boosts gold price to increase and recover. Wait for resistance zone according to FIBONACCY for gold price to decrease
/// SELL XAU : zone 2640-2643
SL: 2648
TP: 50 - 100 - 200pips (2623)
Safe and profitable trading
XAUUSDHi traders,
It is so difficult to decide the new trend for gold.
with big banks said it will goes to 3500 within 2025.
I think it may goes to correction within the next 2 weeks till 2300-2400 before it goes to 2800.
I think it will be in good selling area this week, I hope that.
Good luck for your all.
18 Nov - BuyI believe the market will go up to at least 2622 and possibly higher. I will be looking for buys and sell on the dips to my end target
QUICK BUY IN XAUUSDa quick 90 pips on the Daily Timframe its A NICE REVERSAL PATTERN, the price just pull back so we expecting the price to go up. Targeting 90 pips
XAUUSD $$$$
market takes asia high liquidity an tapped the 4h zone now we have to wait for break structre in 15m
