XAUUSD Sell#XAUUSD My market view for the week. Gold ended last week on a bullish run, but I’m keeping a close eye on a potential reversal. I’m expecting price to push up toward key resistance around 2740 before a retracement down to 2660 over the course of the week.Shortby xrpbilbs1
DEEPER ANALYSIS ON GOLD 25-29 NOVEMBERHere on Gold price keep moving up and and likely to rise more after breaking of resistance zone so trader should go for LONG along particular zone of 2694 and expect profit target around 2750. Use money managementLong08:40by FrankFx141
Gold Cup and Handle Update 2Gold Hasd been ranging for some weeks and it have successful breakout of the range, the next major resistances for Gold is around 1.618 Fib which is around 3100 and it will also complete the cup and handle textbook target. Longby WhaleKingpinUpdated 2
XAUUSDXAUUSD GOLD seems to be very trying and broke the RESISTANCE around the 2703-2709 so we just got a buy until the 2747 area. Longby lekinri1
XAUUSDgold will continue its buy potential into 2737-2735.the daily break of structure provided the needed impulse to keep buying higher despite over bought curve yellow metal.18:23by Shavyfxhub1
Final position i would look for sell in goldIf the price doesn't reverse here, I might need to work on my theories again.. hopefully it does.. I understand the problems I had in the previous setups, but this can't go wrong Shortby dare_trader1
GOLD GOLD WILL continue buying into my structure and a deeper buy from structure tell us that 2684 is possible. watch 2673-2678-268007:14by Shavyfxhub1
Sell idea for goldSell idea for gold Sell idea for gold Sell idea for gold Sell idea for gold Sell idea for goldShortby dare_trader1
Trading Plan for GOLD (XAUUSD) TodayGOLD is currently positioned in a key zone where a horizontal supply area has recently been breached, coinciding with a falling trendline. I expect a bearish consolidation to form within this region. The target for this trade is set at 2592. However, if the price moves above this zone, the setup will be invalidated.Longby NovaFX231
DAILY ANALYSIS - XAUUSD (TUES, 19th NOVEMBER 2024)Bias: Bullish USD News: None Analysis: -Price started retracing to the upside -Potential retest back to 2660 -Looking for BUY if there's confirmation on lower timeframe -Pivot point:2580 Disclaimer: This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.Longby HM_fxtrading1
Gold steadies Gold was firmer this morning, as was silver. It is certainly early days, but there are some small, yet significant, signs to suggest that the post-election slump may be over. Gold looks as if it may be finding its footing following the sell-off which began at the end of October. This accelerated into a rout as the Trump victory became apparent and yields and the US dollar soared. Major support for gold comes in around $2,500, a level it last saw two months ago. But gold appears to have found a footing above here, with the daily MACD indicating a market that is more oversold than at any time since the summer of 2022. Shorter timeframe MACDs continue to level out, and even tick higher, which is an encouraging indicator. Some investors will feel that bond yields and the dollar need to reverse direction to lift gold from here. But that isn’t a requirement for the rally to resume. The next step is for gold to establish itself back above $2,600. If it can make further progress this week, then it may be too early to write off the prospect of fresh all-time highs. by TradeNation2
Gold:Short term analysis for 18/11/2024Disclaimer: 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: Following on previous analysis, the XAUUSD pair has bounced off the key support level at 2,550.00-2,543. However, the 4-hour chart indicates persistent bearish momentum, with price action confined within a descending trend channel. The price has almost reached value area high. This may act as resistance. Key Observations: No bullish divergence detected on the 4-hour chart. Bearish divergence evident on the 30-minute chart. Key Levels: Resistance : 2,606.00 support : 2,536.00 support(Poc): 2568.00 lower target: 2485.00 - 2505.00 Trading Bias: Bearish, lack of bullish divergence and no impulsive momentum, If the price slips below the point of control, the bullish narrative would be compromised, potentially triggering a reversal, anticipate a potential breakdown below the support level, targeting first weekly point of control at 2,502.00 then lower OBV at 2,485.00 - 2,505.00. Shortby avatarfreak1
Friday Gold Chart Support Resistance Alert!Attention traders! XAUUSD is on fire, setting new highs with precision! Check this out: XAUUSD Insight: Locked in a fierce contest between 2563 and 2573. Is a breakout near? Downside Watch: Stay cautious for potential drops if it dips below this range! Targets: 2560, 2555. Upside Watch: Look for buying signals if it rises above! Targets: 2570, 2585.by luxgoldtraderUpdated 117
Gold Thoughts for a Brighter trading day 18-NOV-2024Gold trading insights: Not signals, but informative zones to aid your decision-making. Please note: These zones are not trading advice. Use them as a starting point for your own analysis."07:55by DrBtgar2
Gold: safe-haven, againThe price of gold had one of better weeks during this year, with a price move from $2.560 up to $2.712, where it is ending the week. Geopolitical uncertainties for one more time have pushed the price of gold toward the higher grounds, and broken its negative correlation with the US Dollar. The US Dollar continued strengthening during the week, while the expectations on a rate cut in December FOMC meeting were further decreased. The RSI was pushed strongly from almost oversold territory toward the level of 58. The market clearly showed that it is more interested in the buying side. Moving averages of 50 and 200 days are still moving as two parallel lines with an uptrend, without any indication that this trend might change in the coming weeks. Gold continues to be perceived as a safe-haven asset. During times of any kind of uncertainty, currently active is geopolitical uncertainty, it could be expected that the price of gold will seek for higher grounds. Taking into account ongoing geopolitical risks, it could be expected that the price of gold might continue its move to the upside at the start of the week ahead, at least till the level of $2.750. A short reversal is also possible, but not a significant one. The support line at $2,7K might be tested during the week. by XBTFX1
GOLD 25 Nov analysis my ideaGold shows significant price action influenced by various technical levels and fundamental drivers. Here's my analysis and trading idea for today: Longby fareedalatif11
XAUUSD GOLDNever go for sell now. currently is the fourth leg of Elliot wave Anaysis. It may reach near 2732 - 2745 until that wait. Gold already touched a good low. Buyers never bring it further down. Focus on buy until the waves complete Longby DELTA_INSTITUTIONSUpdated 1
GLD: BreakoutGLD broke out and expect it to be go crazy as inflation is still sticky and might raise in coming months. If it drop below the line, it's a failed break.Longby MarathonToMoonUpdated 2
Gold Looking Promising to the UpSideGold is displaying strong bullish momentum as it has broken above the resistance of a falling trendline, marking a significant shift in market sentiment. The bullish case is further reinforced by the presence of two key support levels: a horizontal support line, representing a previously tested price floor, and a rising support trendline, which reflects the broader upward trajectory in gold's movement. This confluence of supports has provided a sturdy base for the breakout, suggesting that the current upward move is backed by strong technical foundations. With these elements in play, gold is well-positioned to continue its bullish trend.Longby old_afternoon1
Bullish Divergence in GoldGold looking good for buyers on H1 as it has formed bullish divergence. Move above 2617 would test 2644 and 2680 resistance zone. Stop loss for buyers will be below 2689.Longby Trad3WithFaraz2233
GOLD → Correction is getting stronger. Next is 2500Hello, dear traders, Ben here! Spot gold is consolidating around the $2,600 mark on Wednesday after extending its recent slide to $2,589 per troy ounce, marking the lowest point since September Meanwhile, sellers have decided to take a pause ahead of the key U.S. CPI report, which could significantly impact Fed rate-cut expectations and provide fresh momentum. In theory, any effort to drive gold prices higher might be constrained due to the poor performance of stocks, which continues to boost demand for the U.S. dollar. Most Asian and European indices closed in the red, while Wall Street pared its latest gains, with all three major indices down, albeit with limited declines. Looking ahead, October’s Consumer Price Index (CPI) is expected to come in at 0.2% month-over-month and 2.6% year-over-year, the latter being slightly higher than the previous 2.4%. However, the annual core CPI is anticipated to remain stable at 3.3%. Additionally, market participants are speculating on what a potential Trump return to the White House might mean for the U.S. and the rest of the world. From a technical perspective, gold is attempting to break out of a primary range, breaching the key support. If there’s a false break around the 2,610 level, a minor correction toward resistance may form. However, with prices testing a strong support level, we may see a false breakout and a corrective movement to the 2,626-2,636 area (0.618 fib line) before resuming the downtrend.Shortby BentradegoldUpdated 77160
Weekly CLS range just right above the Weekly OBwaiting for the manipulation and Model 1 entry with targets on 50% of the CLS. The goal of this post is to show you briefly my unique method of reading the market by understanding CLS. Let's put it all together 🧩 📍HTF Level - Weekly Order Blog 📍CLS Range Weekly 📍Dropping to the H4 will be monitoring for the manipulation and CIOD. Entry model 1 Follow me if you want to learn more about CLS Trading. What is CLS? You may never hear about them. Find them on Google. This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are market maker - smart money. Good Luck Dave HunterLongby Dave-Hunter6