GOLD Sell SetupCurrently Trading at 2637 , Sell Rise Till 2712 For The Target 2477--2399---2320 Gold will slide soon , its just a bull trap 22-11-024 Vibration date Trade With Open Eyes This Setup Will Fail When get 2 Consecutive Candles Close above 2792 Shortby FibooGann1
GOLD update - Nov 19 2024Following previous analysis, GOLD price has been rising for the past few days and just as predicted, $2,638 level was hit today. GOLD price will probably continue this temporary uptrend for a few more days towards the possible target of $2,662 - $2,692 zone before continuing the major downtrend move. In fact by the end of Nov or early Dec, Gold is expected to finish its current temporary upward move.by AlgoBotTrading1
Gold Can Fall After Testing the Trendline Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexMasters20002
GOLD: Bearish Trend (Harmonic Pattern)GOLD is moving in Bearish Trend, with the reference of my previous analysis bearish flag on GOLD. there is another Bearish Pattern on GOLD is Harmonic Pattern and GOLD is also formed Bearish Divergence on 1hr time frame, so we will wait for the break of the previous HLs to the confirmation of the bearish trend and take a short trade with proper Risk Management. Shortby mudusir1
GOLD: Local Correction Ahead! Sell! Welcome to our daily GOLD prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 2,623.085$ Wish you good luck in trading to you all!Shortby XauusdGoldForexSignals112
Gold Trend 18/11 - S-T rebound beginsThe market trend last week unfolded in line with our predictions, as the consolidation period continued. The price broke below the 2650(1) resistance level early in the week, initiating a downward movement toward our target at 2600. Subsequently, the price dropped to the weekly low of 2536 following the inflation data on Wednesday. A slight rebound occurred afterward, with the week closing near 2562 on Friday, marking a $102 decline. Following the US election, the US dollar has remained strong, leading to a drop of over $250 in gold prices over the past two weeks. Nevertheless, the selling pressure has eased after the rebound from 2538. It's worth noting that Fed Chairman Powell explicitly mentioned last Thursday that there is no rush to cut rates at the current market conditions, limiting the upward potential for gold for the time being. With no significant market data on the calendar for this week, gold prices are expected to stat sideways. 1-hr chart(above) > The downward momentum has been decelerating since last Thursday. If the price manages to break out from the current descending trendline (3), we can establish the initial upside target at 2620 (4). Given the absence of significant economic data scheduled for this week, we can regard the range of 2555-2620 (4) as the provisional operating zone. Daily chart(above) >Gold achieved a 50% retracement last week (5) and rebounded from the 100-day MA (6). We can anticipate resistance in the short term around 2600-2605(7). In case of a breach above 2600, the subsequent target is expected near the 10-day moving average of around 2630. Please give us a 🚀 if you like our work! P.Toby 1uptickUpdated 2
SWING FAILURE INDICATES GOLD WEAKEN?Hello Traders, Its been a while we didn't share any trade ideas. Well post election we saw the stock market surge after Mr. Trump gain investors confidence. And that is not the case GOLD market as the demand was muted. Now lets look at our chart and see definite support broken at $2600.00. Would it rise back a little before continue its downwards or U-turn at the current level? Our stance here is to go long until $2680, coincide with 22.60% Fibonacci level and price is below MA50. The demand of gold probably will dip in upcoming weeks. Please take your money management! Longby ERUDITE_881
Gold Intraday Trading Plan 11/19/2024Gold didn't retest 2550 yesterday. Instead, it directly broke 2580 resistance and went all the way up to 2615. The next important resistance for gold will be 2618-2623. I am expecting some retrace from this level and today's support will be 2592. I will look for buying PA from 2592-2597, targeting 2643.Longby SteadyFund2
GOLD Fun Guesstimate TA!We hit 1:1 fib extention on 3month timeframe . Now we need to consolidate to the exponential curve in a 3M bull flag formation. Then continue to rip into 1to1.618 fix extension on 3Month chart Also need to let the Trump election euphoria settle down and PRINT MONEY cos Nothing Stops This Train GL HF!!!Longby Anunakii1
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
Gold Bull UpdateMentioned last week I see upside movement....2596-2615 is next on the menu. So far playing nicelyLongby WCPCorp1
Gold Intraday Trading Plan 11/18/2024As analysed in my weekly post, i am expecting price to go lower again to test 2550 and go up from there. Let's see the PA in lower TF.by SteadyFund2
GOLD XAUUSD BULLISHNESS THEN BEARISHNESS AHEAD Hello guys this is what i see in xauusd i see price retracing back to premium at the key level outlined then a continuation to the sell stops outlined below share with me your ideas Shortby xAB7771
XAUUSD to 2455 before December Likely to see 2455 hit in the next two weeks, with potential resistance levels of 2580 & 2600 should it test these before dropping. Neither of which may get tested. The old stall and fall is more likely to play out. From 2455, we should see Gold come back up towards 2600, maybe even 2670 before continuing its descent. But first things first, short now and a buy at 2455/65 Shortby PizzaExpress1
XAUUSD Long-Term ForecastXAUUSD Long-Term Forecast Gold (XAUUSD) is testing the upper boundary of a strong ascending channel, reflecting its long-term bullish momentum. Based on Fibonacci extensions, I see a potential pullback toward key levels like $2,315 or $2,100, where strong support from the volume profile lies. However, I expect the price to eventually break out of this channel due to ongoing geopolitical tensions, particularly the Russia-Ukraine situation, which is driving major investors toward safe-haven assets like Gold -& Bitcoin. Momentum is showing signs of slowing down, but this correction could serve as a springboard for the next big move. My eyes are on $2,800 as the next resistance to clear, with a $3,000 target in sight once the breakout materializes.Longby Derick-VT1
XAUUSD $$$ at this cage market in 1h time frame is bullish but in 15m time frame we can see a nice clear (msb) so we can take low risk just with low time frame confirmation Shortby aryaaparsii3
Potential dropThe yellow metal has been in a correction phase which may be ceasing! Failing to stabilise above the 2700 mark, price action will continue its bullish pullback to the top. Conversely, remaining under the 2700 region may see the yellow metal continue its bearish momentum.Shortby Two4One41
GOLD SELLERS WILL DOMINATE THE MARKET|SHORT Hello, Friends! It makes sense for us to go short on GOLD right now from the resistance line above with the target of 2,617.629 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals112
Gold Market Update The gold market has recently experienced a notable correction lower, but here’s why it’s crucial to view this as just a correction: 📊 Chart Highlights • The market held above the base of the cloud on the daily chart and bounced cleanly off it. • The recent low found support at the 20-week moving average. • Gold remains above the 23.6% retracement of the entire move up since November 2022. 💡 These technical factors suggest the market is likely to have resumed its bullish trend. My upside target of $3100 remains intact—a level we’ve had in place for some time and reiterated just a month ago. Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site. Long01:17by The_STA1
XAUUSD GoldHello Traders, Gold has surpassed expectations, but I hope it won't continue to be bullish, as there doesn’t seem to be a reason for it to do so. (Other than Russia and US conflict) Currently, gold is consolidating liquidity to potentially continue its bearish trend, which I have been anticipating and waiting for, the whole year. I hope this is the moment we've been waiting for, if not, we may see much higher prices. I am basing my trading setups on both medium-time frame (MTF) and lower-time frame (LTF) analysis, looking for clear breakouts in structure to start selling heavily. Wishing you all the best.Shortby ForexNavigateur2
Gold bears nearing !GOLD has significantly pushed higher showing the potentiality of breaking highs. I'm objectifying bears as we nearing new season and a year. Seasonal tendencies shows that Gold strongly sells end and begging of a year. For now I will wait for 2710 and 2717 as my areas of interest. I will wait for NY open to show me an attempt to push this market Lower. I'll apply strict capital preservation as this will be risky trade. My SL will be at 2728max. For now I'm not engaged in any trade both Golf and EU.as am waiting for this opportunity to showcase. Happy trading 💹 by propitical171
GOLD - its breakout? whats next??#GOLD.. market just break his trend line and again trade above that.. that is a good sign for further buying. keep close and dont be lazy here. good luck trade wiselyby AdilHussain7313332
Gold Market Review: 22-NOV-2024Improve your trading strategy with our Gold zones. Understand market dynamics and make informed decisions. 06:11by DrBtgar1