Get started
GOLD / US DOLLAR GRAMGOLD / US DOLLAR GRAMGOLD / US DOLLAR GRAM

GOLD / US DOLLAR GRAM

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals

XAUUSDG trade ideas

XAU/USD 18-22 November 2024 Weekly AnalysisWeekly Analysis: Swing Structure -> Bullish. Internal Structure -> Bullish. Price Action Analysis: In my analysis dated 27 October 2024, it was noted that the first sign of a pullback would be a bearish Change of Character (CHoCH), indicated by a blue dotted line. Price's consistent upward momentum had positioned this CHoCH much closer to recent price levels as expected for weeks. Now, for the first time since 23 November 2020, price has printed a bearish CHoCH. We are currently trading within a defined internal range. Price is projected to move downward toward either the discount of the internal 50% Equilibrium (EQ), highlighted in blue, or the Weekly demand zone before targeting the weak internal high. Note: Given the Federal Reserve's dovish policy stance alongside heightened geopolitical risks, market volatility is likely to remain elevated, influencing intraday price swings. Weekly Chart: Daily Analysis: -> Swing -> Bullish. -> Internal -> Bullish. Price Action Analysis: In my weekly analysis dated 27 October 2024, I forecasted that price could potentially make new highs, thereby shifting the bearish Change of Character (CHoCH) closer to recent price action. This repositioning would serve as a trigger for a bearish pullback phase initiation. As anticipated, this scenario unfolded with CHoCH shifting nearer to the current price and ultimately printing a bearish CHoCH. Currently, price is trading within an established internal range (highlighted in blue), trading in the discount zone of the internal 50% Equilibrium (EQ) and approaching a Daily demand zone, where a reaction is likely. Given the current internal range dynamics, price is expected to react upon reaching the Daily demand zone and could trade upward to target the daily internal high. However, considering the signs of a pullback phase on the Weekly timeframe, there remains a possibility of price printing a bearish Internal Break of Structure (iBOS). Note: With the Fed maintaining a dovish policy stance and the continued rise in geopolitical tensions, we should anticipate elevated market volatility, which may impact both intraday and longer-term price action. Daily Chart: H4 Analysis: -> Swing -> Bearish. -> Internal -> Bearish. Price Action Analysis: Analysis remains the same as previous bias from my analysis dated 12 November 2024. Price has printed both a bearish Internal Break of Structure (iBOS) and a subsequent bearish Break of Structure (BOS), confirming the need for a pullback across all higher timeframes (HTFs). Currently, price action remains in alignment with the broader HTF pullback requirements. Intraday Expectation: The expectation for the intraday session is that price will print a bullish Change of Character (CHoCH) to indicate the initiation of a bullish pullback phase. The positioning of this bullish CHoCH is indicated by the blue dotted line on the chart. However, it is also possible that price could extend to a new low, bringing the CHoCH positioning much closer to the current price action. Note: Given the Federal Reserve’s dovish stance and ongoing geopolitical uncertainties, heightened volatility in Gold prices is anticipated to persist. We should exercise caution and remain vigilant in this high-volatility environment. H4 Chart:
OANDA:XAUUSD
by Khan_YIK
GOLD: Bearish Pressure Persists Below Key LevelsGOLD Technical Analysis The price remains under bearish pressure as long as it trades below the key resistance levels of 2,576 and 2,588. Bearish Scenario: The price may retest the resistance levels at 2,576 or 2,588 before resuming its decline. A drop is expected towards 2,558, and if this level is breached, the downward momentum could extend to 2,526. Bullish Scenario: To confirm a bullish reversal, the price must decisively break above 2,588. This breakout could pave the way for an upward move targeting 2,612. Key Levels: Pivot Point: 2576 Support Levels: 2558, 2527, 2500 Resistance Levels: 2588, 2612, 2625 Trend Outlook: - Bearish by stability below 2588 and 2576 - Bullish Correction till 2588
OANDA:XAUUSDShort
by SroshMayi
GOLD ROUTE MAP UPDATEHey Everyone, What a day in the markets today with another big drop following on from last weeks election move. We observed today and watched our bearish side of the setups play out with 2682 being hit on market open followed with ema5 cross and lock opening 2657,which was also hit and then continued into 2638 and now the swing range. Both of these two levels were confirmed with candle body close confirmation, as ema5 was lagging due to momentum. We are now seeing price in the swing range and looking for a reaction here. Failure to hold support here and we will switch to our 4h chart to track the extended range. We will now patiently wait for the momentum to exhaust, so we can continue to stick with our long term trend and buy dips. We were looking forward to this correction for a while now, to enable us to get back in the wave. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2704 EMA5 CROSS AND LOCK ABOVE 2704 WILL OPEN THE FOLLOWING BULLISH TARGET 2725 EMA5 CROSS AND LOCK ABOVE 2725 WILL OPEN THE FOLLOWING BULLISH TARGET 2753 BEARISH TARGETS 2682 - DONE EMA5 CROSS AND LOCK BELOW 2682 WILL OPEN THE FOLLOWING BEARISH TARGET 2657 - DONE EMA5 CROSS AND LOCK BELOW 2657 WILL OPEN THE FOLLOWING BEARISH TARGET 2638 - DONE EMA5 CROSS AND LOCK BELOW 2638 WILL OPEN THE SWING RANGE RANGE SWING RANGE 2621 (DONE) - 2608 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
8
THE KOG REPORT - UpdateEnd of day update from us here at KOG: A disappointing CPi today with price moving sideways for most of the day. We wanted the early session support level to hold and give the move upside which we got. We suggested traders protect and manage they're trades due to the range and choppy price action which for us, closed us at BE after managing. Now we have support here 2580 with resistance at the 2595 level which needs to hold us down to attempt that lower level 2570 which is where we may get another opportunity to long. Shorting here is too risky with so many voids above, so until we open lower levels, we'll have to trade the levels upside just in case there is a volume burst upside. Our election projection is also now 100% complete to the downside tapping the level we wanted for the shorts, so lets see what tomorrow brings. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
4
GOLD → A change in structure and a change in trend. CPI ahead!FX:XAUUSD is turning around. The daily session closes below 2604 and the breakdown of the global structure confirms the bearish nature of the market. The fight for the key 2600 zone continues... Trump's tough policies could slow the Fed's easing cycle, the dollar would then continue to strengthen at the expense of gold... There is another Fed rate meeting in December and obviously the question is: either 0.25% or hold. All eyes are on the CPI, the data will determine whether the Fed will continue its rate cut trajectory after December. A downside surprise in CPI could reinforce dovish expectations for the Fed. Conversely, a stronger inflation report could trigger a change in the regulator's stance. Any reaction to the news could be short-lived as attention immediately shifts to Thursday, PPI and Powell's... Resistance levels: 2616, 2626, 2637 ! Key level: 2604 Support levels: 2590, 2569 The fight for 2604 continues, if the bears can keep the defense below this zone, we should expect a fall. But, there is a high probability of correction on the background of news volatility and retest of resistance 2626-2637 before the further fall Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
6
Gold takes Adv. since Trump-a-rally pans out to Bulls fartIt's gone 2 weeks or so, since Mr. Trump has secured a win over his Democrat-rival Kamala Harris in the 2024 U.S. presidential election, as it declared by the Associated Press. Since that, a lot of stocks soared in a meme-style mode, while Bitcoin clears $93,000 and Dogecoin soared amid Trump-fueled crypto rally. Among nearly 2000 components of Smallcap Russell 2000 Index TVC:RUT , appr. 90 percent of them (without any fundamental reasons) were up on November 6 - at the day Trump clinched White House victory. For S&P 500 SP:SPX and Nasdaq-100 NASDAQ:NDX indices these numbers were 70 and 75 percent respectively. Since US dollar interest rates are still near multi year highs and Powell still says the Fed is in no hurry to cut interest rates.. all of that means Trump-a-rally gives no light for super-duper bets, as it's been discussed in earlier posted ideas. Moreover, Geopolitics is roaring back, as current U.S. President Joe Biden tries to authorize the yellow-blues to use powerful long-range American-made weapons inside Russia's legal areas, potentially inside Kursk region where located The Kursk Nuclear Power Plant, that is one of the three biggest nuclear power plants (NPPs) in Russia and one of the four biggest electricity producers in the country. The main graph is for Gold spot OANDA:XAUUSD , and it indicates on Cup with Handle technical structure in development as Gold takes Adv. since Trump-a-rally pans out to Bulls fart.
OANDA:XAUUSD
by Pandorra
GOLD NOW IN BUYING ZONE !!! HELLO FRIENDS As I can see #GOLD is now trading above 2550 zone and fail to break a strong Support Zone we are watching also Fib levels it's also showing us a great retracement had done but still we can see 0.61 did not achieve we are buying here on the base of daily Strong POI which can give us great pips and also for long term traders it's a great entry Middle East problems escalating by HAMAS & other proxies which investors did not under estimate and they love these types of dip Ending of year and opening 2025 Trump new elected bad US economy investors always love safe haven not Bonds so we can't miss these incoming moves we had just sent yesterday our perdition on Gold Drop which is attached in comment we need Ur love and boost the idea, so it helps to be many other traders Stay Tuned for more updates ....
OANDA:XAUUSDLong
by APEX_TRADING_ACADMEY
2
Gold Analysis StrategyYesterday, gold did not fluctuate much. It has been fluctuating around 2670, and the resistance of 2680 has not been tried. Until today, Putin confirmed that Russia launched a new medium-range ballistic missile in response to Ukraine's previous attack on Russia with weapons from its allies. Although this missile carries conventional non-nuclear warheads, the strike range covers the entire Europe. This signal is obviously aimed at Europe. It is precisely because of this potential threat that the risk aversion sentiment has been further raised, causing gold and the US dollar to rise together. From the 4H chart, we can see that gold is likely to form a head and shoulders bottom. Now it depends on whether the resistance in the 2700-2710 area will be broken. If it cannot be broken, the callback may reach 50-60$, so it needs to be handled with caution. If it cannot be broken, I will consider shorting in this resistance area
OANDA:XAUUSD
by Golden-Legend
Gold market analysis strategy todayGold technical analysis Daily resistance 2750, support 2650 Four-hour resistance 2750, support 2650 Gold operation suggestions: Gold started to rise at the opening of the Asian session today. As of now, gold has reached the highest level of 27000. As the situation in Russia and Ukraine ferments, there is still momentum for rising. Today's idea is still to buy more after stepping back. The 2685 line of pressure is also easily broken, and there is no sign of weakness in the bulls. The recent rise in gold is directly related to the escalation of the situation in Russia and Ukraine. Today is Friday, and we also need to prevent the black swan waterfall from falling in the European and American sessions, so any order needs to be strictly loss-making, and risk control is the first priority. From the current 4-hour gold trend, the upper important pressure is the 2750 line, the lower short-term support is the 2670 line, and the lower support is the 2650 line. In terms of operation, we use the step-back buying operation. The aggressive strategy is to buy directly and wait patiently for the key points to enter the market. BUY:2672near BUY:2685near
OANDA:XAUUSD
by Golden-Legend
"How Long Will the Shift Endure?"**Gold Market Analysis: XAUUSD at a Crucial Juncture Amid Economic Uncertainty** The recent movements in XAUUSD reflect a dynamic interplay between technical levels and macroeconomic developments. After a sharp fall, the price made a false breakdown below 2546 before staging a recovery to test the 2577 level. Such a pullback is a reasonable technical reaction following significant downward pressure. However, the broader backdrop remains challenging for gold, as the US dollar continues its upward march, fueled by economic uncertainty and resilient domestic data. ### **Macro Factors Shaping the Landscape** The global economic environment adds another layer of complexity. Ambiguous economic signals from China have raised fresh concerns about the health of the world's second-largest economy. These concerns have rippled through the commodity markets, including gold, as investors weigh the implications of slower Chinese growth on global demand. Meanwhile, in the United States, the Federal Reserve's stance remains a central focus. Recent comments from Fed Chair Jerome Powell have dampened expectations of imminent rate cuts. Powell emphasized that the US economy continues to expand, the labor market remains robust, and inflation is still above the Fed's 2% target. This combination has reinforced a hawkish tone, keeping rate cuts off the table for now and adding headwinds to gold's appeal as a non-yielding asset. ### **Upcoming Data: Retail Sales in Focus** The market is now laser-focused on the upcoming US retail sales report. This key indicator will provide further clarity on the strength of consumer spending—a critical driver of the US economy. A robust report could bolster the dollar further, while a weaker outcome might lend temporary support to gold prices. Either way, heightened volatility is expected as the report approaches. ### **Technical Perspective: Navigating Key Levels** From a technical standpoint, XAUUSD is currently navigating a critical zone. The 0.5-0.7 Fibonacci retracement levels, alongside the resistance at 2589, are areas of interest. A sustained break above these levels could signal further upward momentum, potentially targeting 2594. However, a failure to hold above these thresholds, especially coupled with a false breakout, could ignite renewed selling pressure. Key technical levels to monitor include: - **Resistance:** 2577, 2589, 2594 - **Support:** 2546, 2531, 2500 The consolidation below 2589 may act as a pivotal signal. If sellers regain control, a deeper retracement toward 2531 or even the psychological 2500 level could unfold. ### **Market Dynamics: Liquidity and Sentiment** Market makers may aim to test liquidity above the resistance levels before the release of the retail sales data. This strategy could provoke a temporary spike, enticing bullish traders before potentially reversing. Such a false breakout scenario might strengthen bearish sentiment, as short-term traders look to capitalize on renewed selling opportunities. ### **Broader Outlook: A Tug-of-War** While gold’s recent pullback hints at a potential for further upside in the short term, the underlying bearish narrative persists. The dollar’s strength, coupled with an uncertain macroeconomic environment, continues to weigh on sentiment. However, surprises in upcoming data or shifts in the Federal Reserve's rhetoric could quickly alter the landscape. In this intricate environment, traders should remain vigilant, balancing technical signals with evolving fundamentals. Patience and precision will be key as the market navigates this pivotal phase.
FX:XAUUSD
by lonelyPlayer0
XAUUSD: BUYToday, gold rebounded after a pullback to around 2554. As mentioned during yesterday's session, I alerted everyone to watch the 2556-2547 range for the pullback, and unless there were any surprises, this would present a new buying opportunity. I believe those who have been paying close attention to the updates should have seized this opportunity. Currently, the market is facing resistance and is in a consolidation phase. There is a possibility of further testing of support in the short term, but in the medium term, the bulls have a stronger potential. Therefore, my trading strategy remains focused on the long side, with the primary target above 2580. Support 2554-2547, 2537-2526
OANDA:XAUUSDLong
by Mia-Signal
XAUUSD BUYING Here's an optimized version in polished English with more detail: --- The XAUUSD pair has successfully reached our first target level, capturing 40 pips at 2568. This is a positive sign for our strategy and aligns with our current momentum. Now, we have identified a new buy opportunity at the 2585 level. The market is showing promising upward potential, and we anticipate further gains if the current trend continues. Our updated targets are as follows: First target: 2590 Second target: 2599 Final target: 2610 We have set a stop loss at 2575 to manage risk effectively. This level is chosen to protect capital in case of any sudden reversals, while still
OANDA:XAUUSDLong
by wisdomfreely427
XAUUSD GOLD TRADE LONG IDEAI've entered a Gold OANDA:XAUUSD trade based on the fact that the price is currently above the weekly open at 2572. While the US Dollar is strong at the moment, I believe Gold needs to retest the quarterly open at a minimum. The stop loss is clearly set, and I see potential for the price to move towards the quarterly open. Once we reach that level, we’ll reassess and see how the market is behaving to determine the next steps. Stay tuned for updates!
OANDA:XAUUSDLong
by Agnes_Trader
Explaining why BUYING GOLD is a good decisionGold price climbs extending its gains for the third straight day, shrugs off a buoyant US Dollar as risk aversion boosts safe-haven assets. The golden metal has risen over 3.40% during the week, with buyers eyeing the $2,700 mark. The XAU/USD trades at $2,650, up 0.69%. Bullion’s decline toward a two-month low of $2,536 can mainly be attributed to investors booking profits after President Donald Trump's victory in the US elections. Fears that some of his proposals could spark a reacceleration of inflation sent US Treasury yields soaring and underpinned the Greenback. Nevertheless, Bullion prices had risen due to the escalation of the Russia-Ukraine conflict. On Tuesday, Russian President Vladimir Putin authorized the use of nuclear weapons in retaliation to the West. Reports revealed the White House authorized Ukraine's use of American weapons inside Russia, according to officials. In the meantime, the American currency advances 0.51% in the day, according to the US Dollar Index (DXY), which tracks the buck's performance against six other peers. The DXY is at 106.69 after sinking to a five-day low of 106.11. The Gold should be bullish for the next of the week before consolidating in a liquidity zone and rect to it. It's ona bull so don't miss it out.
OANDA:XAUUSDLong
by Andz50
Continue to go long based on 2641, target 2660~2670The intraday direction is still very clear. The biggest problem is where to go long. After the US market broke through the high point of 2641 in the Asian market, 2641 formed a reverse support. Today, relying on the top and bottom conversion support of 2641, we continue to go long. But please note that it is expected that it is difficult to have a large retracement. What needs to be done is to go long directly with the trend. On the one hand, it is difficult to give the market an opportunity to enter the market at a low price after such a break. It is usually difficult to start after a retracement. On the other hand, the market is shrouded in concerns about Russia and Ukraine. As the tension between the two sides continues to escalate, gold may continue to surge at any time due to risk aversion. In terms of intraday operations, in summary, don't look for resistance in the rise, continue to go long with the trend, the support level is 2640/46 area, and the second is 2637/33 area. Either step back to the support level, or buy directly based on the support level as SL, with the target of 2660-2670 area.
TVC:GOLDLong
by ActuaryJ
Gold Price Analysis November 18Fundamental Analysis Gold extended its recovery to test $2,600 amid rising Russia-Ukraine tensions, ending a six-day losing streak. The latest gold rally could be due to rising Russia-Ukraine geopolitical tensions after the United States authorized Ukraine to use long-range US weapons to attack Russia. The greenback’s rally following Donald Trump’s election victory could put some selling pressure on USD-denominated gold. Expectations of higher inflation next year due to Donald Trump’s policies have led to fewer expected rate cuts. In addition, traders have reduced expectations of lower interest rates in December after Fed Chairman Jerome Powell said the US central bank would not rush to cut, citing “remarkable” economic performance. Higher interest rates tend to drag gold prices lower, as it makes holding non-yielding assets like gold less attractive. Technical analysis. Gold prices have reacted at the EMA 34 zone, which is also an important dynamic resistance zone in the Asian session. The price zone of special note today is 2617-2615 at the upper boundary and the Asian session breakout support zone this morning is around 2575. The possibility of an uptrend and the formation of wave 3 has also been established according to the technical chart, so BUY signals will be prioritized today.
OANDA:XAUUSD
by TVS-Trader
2