GOLD D1d th3 buy3rs w1n?Hello.The US 1s 3xp3r13ncing an acc3lerat3d d3t3r1orat1on of 1ts public account and this should soon b3 s33n on the US tok3n.by Le-tradeur-de-fortune-and-co1
XAUUSD IdeaPrediction for gold. I think this can happen. Just simple flag chart pattern.Shortby ariffrahman1
Gold's Local Minimum: A Magnet for Price Action?So, the trading week is behind us, and it’s time to kick back a bit, assess the price action, and build a trading plan for the upcoming week, keeping the main drivers in mind. Today, let’s focus on Gold. Looking at the COT reports: there’s a divergence between the positions of the Commercials and the movement of the underlying asset. What does that mean? It suggests that hedgers don’t see the need to increase their hedge positions (in the case of Gold, that means short positions). The interpretation here is that there’s a high probability of a correction in the underlying asset. Retail positions show an average aggregated long position around $2707 (according to open-source data). So, for now, the average positions are in the green, which means the bulls are feeling good, but that’s not all... Remember that level $2707; we’ll come back to it later. The options sentiment is mixed, with some repositioning in portfolios targeting both up and down, but with a slight bias. The specifics of these adjustments tell me that a correction is expected, but overall, the options traders still see the trend moving upward. Now, let’s take a look at the chart and summarize. Remember that level $2707 I mentioned earlier? Let’s find it on the chart. Oops... turns out that’s a local minimum. So, here’s the deal: there’s a level with liquidity (open positions + local minimum), in other words, we have a "magnet" that will definitely attract the prices. Personally, I stick to a trading strategy of not trading against the trend, even if a correction is confirmed by my analysis. But for some, that potential downside might look appealing enough to open a short position. Good Luck and Have a Nice Weekend!Shortby ClashChartsTeam1
GOLD Rising Support Ahead!GOLD is going down Now but will soon hit a rising support line from Where we will be expecting a Local bullish rebound !Longby kacim_elloittUpdated 119
INTRADAY SHORT CHANCE we expect another impact on gold we expect good an opportunity for short just we have to follow the instructions this is not financial advice that was my won analysis of my view any design you take under your own responsibility Short16:58by ConcordDeath1
DAILY ANALYSIS - XAUUSD (FRI, 8th NOVEMBER 2024)Bias: No Bias USD News: None Analysis: -25bp ratecut imposed during FOMC -Price closed strong bullish on previous daily -Looking for BUY/SELL if there's confirmation on lower timeframe -Pivot point:- 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. by HM_fxtrading1
Precious metals steady after sell-offPrecious metals have had a torrid time since it became apparent that Trump had won a clear victory in the early hours of yesterday morning. Gold broke below $2,700 and is currently hovering in a band of support which stretches between $2,635-$2,675. This area acted as resistance in the last week of September and the first of October. A break below here would set up a likely retest of $2,600. Just over a week ago, gold hit a record high of $2,790. Since then it has lost around 5%. It was always a concern that gold had manged to rally steadily from early June without any of the sharp, deep pullbacks that were such a feature of its trading pattern from earlier in the year. Well now there’s been one, with Trump providing the catalyst. The question now is whether there’s more downside to come, and if so, will that mark the end of the bull run , or once again provide an opportunity for the bulls to load up and go again? It’s too early to tell. But if it can find support and consolidate around current levels, then the daily MACD can reset at a less overbought area. If not, then gold will head lower to find stronger support. It’s similar situation for silver, with $31 now a level it needs to hold. by TradeNation1
Gold Drops After Donald Trump's VictoryOn the day, gold prices fell by 3%, primarily driven by the strong rebound of the US dollar. This shift came after news of Republican candidate Donald Trump’s victory in the 2024 US presidential election. The US dollar surged as investors anticipated that under Trump’s administration, higher tariffs could lead to sustained high interest rates for a longer period, making gold more expensive for buyers holding other currencies. Based on technical chart analysis, gold is currently in a strong downtrend, with the trendline indicating a clear decline. A strong resistance level at 2,746 led to a sharp drop in gold prices, which then tested the support level at 2,648. Given the current situation, the prospects for a short-term recovery in gold are limited, and the likelihood of further declines remains dominant. If gold fails to hold above the 2,648 support level, the downtrend may continue, with subsequent support targets around 2,620 and 2,600. It seems that there will be significant volatility for this precious metal in the short term. Does anyone feel the same way as I do?by Alisa_Rokosz1
XAUUSD Longs after Election ShortsTake a look at the chart, it will provide all info necessary, all my previous trades are based on the techincal zones and I am trading that. No economy or political influence, purely technical biasby ProfXAU1
GOLD NEXT MOVE (waiting for NFP news) (04-10-2024)Go through the analysis carefully and do trade accordingly. Anup 'BIAS for the day (04-10-2024) Current price- 2 NA taken action once our zones got hit -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk more than 1% of principal to follow any position. Support us by liking and sharing the post.by AnupZiddiUpdated 33181
XAUUSD hits 2762 Twice Keep on eye candle H1 on Monday wait until it stops. Because when it shifts to bullish side it will reach the 2762. Always wait it reaches 2762 before selling this bad boy. I hope I can make myself clear dear Friends.Shortby karlapermana971
GOLDOANDA:XAUUSD After reaching the low level of the buy position After reaching the high level of selling position Consider your risk management before entering a trade. This analysis is for informational purposes only and does not constitute investment advice. All consequences of using this signal are at your own risk.by ForexCSPUpdated 2
XAUUSD TRADE ANALYSIS Although XAUUSD is at uptrend now, but the price is entering into downtrend phase to target sell side liquidity resting below. With the sell side liquidity sweep it will regain momentum back to the major trend which is uptrend. Shortby henrynhf131
XAU/USD 01 November 2024 Intraday AnalysisH4 Analysis: Analysis/bias remains the same as yesterday's analysis dated 31 October 2024 -> Swing: Bullish. -> Internal: Bullish. Gold’s rally persists, driven by the Fed’s dovish stance and heightened geopolitical tensions, strengthening its safe-haven appeal. Price has recently printed higher highs, bringing CHoCH positioning significantly closer to current price level. A bearish CHoCH has printed, signaling the first indication, though not a confirmation, of a potential bearish pullback phase initiation. Price is now trading within an established internal range. Intraday Expectation: Price is expected to continue bearish, potentially reacting at the H4 demand zone or the discount of the H4 internal 50% EQ before targeting the weak internal high. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Yesterday's intraday expectation from 31 October 2024 was met as price targeted weak internal low, printing another bearish iBOS. CHoCH positioning is still quite distant from current price. To confirm the internal structure, I would like to see price move up to the 50% internal EQ level. Intraday Expectation: I will remain on standby and wait for price action that allows me to confirm the internal structure. Note: Price continues to be highly volatile due to ongoing geopolitical tensions and the Fed’s dovish stance. M15 Chart: by Khan_YIK1
XAUUSD long term So guys here is my personal analysis on gold weekly time frame There’s 3 major levels(2472-2295-2185) and 1 minor level (2607) So we can say trump won the election and he promises to reduce the inflation rate So if gold breaks the minor level we can easily see the market at 2472 for the short term and at 2295 med term and also we can see a retracement at 2185 (0.618 Fibonacci retracement)and it can then resume its bullish trendShortby FHETRADING11
GOLD NEW BUYING ZONE FOR A NEW ATH !!!HELLO TRADERS As I can |Gold chart is still holding in uptrend after ATH it have to retrace and its opening of new moth that can grab some more liquidity from trend zone a make a massive move if geopolitical issues not solved even with TRUMP Gov which seems impossible as we can see Russia and north Korea both are pushing more in Ukraine and Iran also show that it have a great Defense Tecnology which is now an issue for Iseral fundamental are bad around the world and us economy also shrinking day by day Bricks Trade will give a big problem to $ incoming days technically FIBO GOLDEN VALUE 0.618AND 0.5 ALSO HAVE TO TEST and the uptrend line is another clue charts always talk it just need someone who can understand friends it's just a trade idea on daily based perdition not a financial advice make a proper analysis before taking any trade Stay Tuned for more updatesLongby APEX_TRADING_ACADMEY5
Gold Market Outlook: Analyzing Buy Signals and ATH PossibilitiesA great purchase opportunity is indicated by our current market analysis , which shows a tested support level at 2735-2730 . Given these indicators, the market might hit a new all-time high (ATH) . My research suggests that XAUUSD is a good buy , especially as fundamentals imply that the dollar may depreciate , likely strengthening gold’s value. Additionally, we can expect selling pressure around the supply level of 2773-2780 , but I’m also confident that NFP (Non-Farm Payroll) shows a compelling buying opportunity . A* boost would be greatly appreciated if you found this analysis useful; it’s always encouraging to know my observations are understood!Longby bluechipfx27
XAUUSD Market scenario,, running uptrend (Read captions)XAUUSD Price Forecast 🔔 Gold remains in an uptrend, with key resistance at 2788. A breakout above this level could confirm targets of 2820. Support holds at 2760, and a breakdown through the moving average may trigger further selling, targeting 2739, 2718, and 2696. The 200 EMA & 50 EMA golden crossover signals a bullish outlook. OANDA:XAUUSD Trade Setup: Buy Entry: 2778-2760 Target 1: 2788 Target 2: 2820 Stop Loss: 2755 Trade Setup: Sell Entry: 2778 Target 1: 2760 Target 2: 2739 Target 3: 2718 Target 4: 2696 Stop Loss: 2792by AlphaForex56Updated 7
NEW IDEA FOR XAUUSD In the four-hour time frame, gold can increase from the support interval in the range of 2717-2747 to the resistance of the channel ceiling in the range of $2821.Longby arongroups6
GOLD SHORT TO $2,540 (1H UPDATE)Important video update. Like I mentioned on the last update video, it's possible that Gold could push up higher towards a new ATH & that is exactly what is playing out. We've seen Wave 4 play out in a complex correction form, rather then a flat correction form. Difference between 'flat & complex corrections' covered on my Gold Vault Academy E-Book.Longby BA_InvestmentsUpdated 11
Bears are strong, follow the trendGold fell sharply on Thursday, and the current price fell below the previous low. The key is whether it can continue today. Today is the first day of the monthly line change, and the amplitude space is large. The probability of covering this month is very high. The four-hour rebounded at the lower track support, breaking the bottom as a whole. It is currently in a weak rebound, and the overall situation is short! Gold fell sharply in the NY market yesterday, and the daily high fell and covered. Gold still has downward momentum after the rebound. Gold in the Asian session continues to be short, and plans to be around 2758! The rebound is to give a better opportunity to short. Today's non-agricultural data, gold shorts will continue to exert their strength, and we will remain cautious in trading. The 1-hour moving average of gold has begun to turn downward. If the 1-hour moving average of gold forms a dead cross downward, then the downward space of gold will continue to open up. Trading strategy: 2727~2758 range sell high and buy low. But exit the market before the release of NFP data, and wait for the market to stabilize before tradingShortby Jun-goldFX3
XAUUSD: Wait for a drop before rising, target 2800Yesterday, Wednesday, the United States released the October "small non-farm" data. The ADP employment in October recorded 233,000, the largest increase since July 2023. These figures are contrary to expectations of economic slowdown after the Boeing employee strike in October and the two brutal hurricanes and attacks on the US East Coast ports. The subsequent release of the US third quarter real GDP annualized growth rate recorded 2.8%, lower than the expected and previous value of 3%. Consumer spending, which accounts for the largest share of economic activity, increased by 3.7%, the largest increase since the beginning of 2023. At the same time, data from the US Bureau of Economic Analysis showed that the initial value of the annualized quarterly rate of the core PCE price index in the third quarter of the United States rose by 2.2%, roughly in line with the Fed's goals. Spot gold continued to hit a record high, hitting the $2,790 mark during the day, but failed to get above this level. From the current point of view, 2,790 is very likely not the high point of gold, but the risk of retracement also needs to be considered. Therefore, we can't blindly be bullish, but need to wait for a retracement before considering buyingLongby AntonyTPUpdated 117
Gold Intraday Trading Plan 11/1/2024Gold has closed the end of Oct with a big red candle but closed the month with a positive note. This is the two scenarios for selling cases. Take note that the overall trend is still bullish. Gold has not confirmed serious correction yet. Shortby SteadyFund5