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GOLD / US DOLLAR KILOGOLD / US DOLLAR KILOGOLD / US DOLLAR KILO

GOLD / US DOLLAR KILO

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XAUUSDK trade ideas

Analysis On Gold in D1 Chart.Before the U.S.A elections Gold was at it's peak and it was fall down after the elections that fall down has marked the CHoCH on the chart. So, according to my analysis Gold has changed it's trend from up to down after the elections. I have Marked the Fair value gape and Point of interest on the chart. Currently Gold is Filling FVG and respecting P.O.I Soon Gold will Fall again in the Zone of 25** Strong Selling Zone= 2670_2685 Stop Loss= 2695 Take Profit= 2550
TVC:GOLDShort
by LeonardoTrader9t9
Bulls - high pressure ! XAU increase next weekWorld situation: Gold prices surged to a two-week high on Friday during the North American session, supported by a dip in US Treasury yields. Geopolitical tensions kept the metal in demand, though improved US business activity limited its upward momentum. At $2,710, XAU/USD is up 1.50%. The yellow metal gained strength as the US 10-year Treasury yield dropped by two basis points to 4.40%, providing a boost to gold. The precious metal is on track to post weekly gains exceeding 5%. Identify: A week that saw a big recovery, gold returned above the 2710 area. World tension news is still the main driver for gold prices to continue to recover. Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $2747, $2788, 2800 Support : $2645, $2604 NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSD
by Lingrid_aaa
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 will continue to grow upward after the correction!Gold will continue to grow upward after the correction! A few moments ago price declined to the support level, which coincided with the support zone, and some time traded near this level. Then Gold turned around and started to grow to a resistance level, which coincided with the resistance zone, making a gap as well. When the price reached the 2730 level, it tried to break it but failed, and then some time traded between this level. Later Gold finally broke this level and rose to 2790 points, after which turned around and started to decline. In a short time, it fell to the 2730 level, broke it, and then continued to fall. Price tried to return, but failed and dropped to the 2610 support level. Gold broke this level and then reached the trend line, after which turned around and started to move up near this line. Soon, the price broke the 2610 support level and rose almost the resistance level. At the moment, the price continues to grow, and I expect that XAUUSD will make a correction to the trend line and then rebound up to the resistance level. After this, the price can break it and continue to grow. That's why I set my goal at 2760 points.
OANDA:XAUUSDLong
by tradertemolaoluwaye
XAUUSD (Gold) - Major Breakdown Expected, Targeting 2600Gold (XAU/USD) is currently showing signs of exhaustion after a prolonged bullish rally that has taken the price above $2,700. Based on technical indicators and key levels, we are approaching a critical juncture where a major breakdown could be imminent. Key Levels and Targets: Bounce back test: $2,474 This level represents a possible short-term rebound zone before the downtrend resumes. It aligns with previous minor support, acting as a key resistance for now. Critical Break-Down Level: $2,720 The price has been hovering around $2,720, which is a crucial support level. A daily or weekly close below this level would likely confirm a stronger downward move. Ultimate Target: $2,600 Once the break of $2,720 is confirmed, the next major target stands at $2,600. This level represents a deeper retracement in line with the completion of a larger cycle of profit-taking in the broader market. Technical Indicators: RSI Divergence: The Relative Strength Index (RSI) shows bearish divergence, signaling a potential reversal from overbought conditions. Bearish Flag Pattern: There is a bearish flag forming, which typically precedes a strong breakdown. The current price action fits within this pattern, further supporting a potential downside move. Scenario Planning: Bearish Scenario: A confirmed break below $2,720 is expected to trigger a quick move down to $2,600. At this point, it would confirm a reversal in the current rally, potentially signaling the end of the ongoing bull trend. Bullish Scenario (Less Likely): If prices manage to hold above $2,720 and break above the resistance at $2,748, the bull trend could resume, possibly testing the previous highs.
OANDA:XAUUSDShort
by profitoptionnew
2
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
Gold : The fundamental context and goals have both changedOANDA:XAUUSD a local downtrend channel breakout damages sellers. The fundamental background is changing despite continued USD buying and a generally risk-off environment, which is overall positive for gold as a safe-haven asset in times of crisis. The stronger USD, supported by the ongoing "Trump trade" rally, and US bond yields have rebounded across various maturities. Despite the optimism for the USD, gold prices remain resilient and benefit from the escalating geopolitical tensions between Russia and Ukraine. Therefore, gold prices are likely to continue their growth in the near term before today’s scheduled news (PMI)... However! Since this is pre-news before session closing, reactions are likely to consolidate for sellers before further strengthening. Technically, gold has every chance to test the boundaries of the previously broken channel, but based on fundamental news and technical factors, we can conclude that further growth may continue. Prices are heading toward a liquidity zone, from which a correction may occur, followed by expected further strengthening in the near term. But in any case, I prioritize and consider buying upon a clear breakout of gold at 2686 - 2700, targeting the medium-term highs as outlined on the chart.
OANDA:XAUUSDLong
by Bentradegold
1
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 to Correct Before PPI, Targeting $2470 As we examine the recent price action of XAU/USD, gold continues to exhibit a pronounced bearish trend amidst a robust wave of demand for the U.S. dollar. This ongoing downtrend has seen the metal consistently test and breach key support structures, recently breaking through the significant level of 2547. Traders are closely watching for signs of a potential false breakdown in this zone, which could pave the way for a temporary counter-trend correction. Such a move may set the stage for intraday opportunities, especially as we approach crucial economic events on the horizon, including the Producer Price Index (PPI) release and Federal Reserve Chairman Jerome Powell’s anticipated speech. This backdrop of gold’s decline is intensified by an uptick in dollar demand, which stems from a resurgence of optimism in the broader financial markets. The “Trump-led euphoria” has bolstered investor sentiment, leading to continued support for the U.S. dollar index. This dynamic persists despite mixed economic signals, such as softer-than-expected Consumer Price Index (CPI) data and a relatively dovish tone from several Federal Reserve policymakers. In this climate, expectations have increasingly shifted toward the likelihood of a modest rate cut by the Fed at its upcoming meeting, with a 0.25% reduction considered the most probable outcome. For gold bulls, this strengthening dollar presents a formidable challenge, requiring a reassessment of medium-term targets. The recent surge in the dollar, largely propelled by renewed investor optimism and positioning around trade-related policies, has overshadowed the Fed’s relatively accommodative stance. Thus, even as the Fed hints at a softer approach, the dollar’s upward trajectory exerts pressure on gold’s appeal as a safe-haven asset, tilting the scales further toward a bearish outlook for XAU/USD. Today’s market focus centers squarely on Powell’s upcoming comments, along with the latest PPI data and weekly jobless claims report, which together could bring further clarity to the Fed’s policy direction and the broader economic outlook. Should Powell reinforce the Fed’s dovish stance, a potential dollar pullback might provide temporary relief for gold. However, with technical indicators signaling a robust downtrend, it seems likely that any rally in XAU/USD could be short-lived, making resistance levels crucial focal points. From a technical perspective, gold is currently testing the pivotal support at 2546, where a decisive close below this level could confirm the continuation of the bearish trend. This area could prompt a temporary rebound, potentially targeting resistance zones in the vicinity of 2577, 2589, and 2595. Such a move would align with a common market behavior observed during key news cycles—where a brief corrective rally emerges as traders seek to “win back” losing positions before ultimately resuming the trend in favor of the prevailing momentum. Immediate support levels to watch include 2546, 2531, and the round figure of 2500. A breakdown through these levels would reinforce the current downtrend and could attract further selling interest, with technical patterns suggesting the possibility of continued weakness in the absence of a strong fundamental catalyst. Ahead of the news, it’s plausible that XAU/USD could experience a corrective rebound toward local resistance or an imbalance zone, offering short-term trading opportunities for those anticipating a resumption of the downtrend post-correction. Market participants should be prepared for heightened volatility during Powell’s speech and the PPI release, as both events carry the potential to shift sentiment and trigger short-term price reactions. In summary, while there’s a possibility for a near-term correction in gold, the broader outlook remains bearish as dollar strength and a resilient equity market diminish gold’s appeal. For traders, closely monitoring resistance and support levels will be crucial in identifying profitable entry points amid the anticipated price swings.
FX:XAUUSD
by lonelyPlayer0