XAUUSD: Trend in 30 Min timeframevery important level for GOLD,
Please pay special attention to the colored levels.
>>>>>>>>>>>>>>>>>>> very sensitive <<<<<<<<<<<<<<<<<<<<<<<<
Be careful
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XAUUSDK trade ideas
XAU ! 11/20 ! Gold sideways, holding above 2600XAU / USD trend forecast November 20, 2024
Gold prices (XAU/USD) continue their intraday retreat from the $2,642 level, a one-and-a-half-week high reached earlier on Wednesday, dropping to a new daily low during the early European session. The US Dollar (USD) gains support from dip-buying, fueled by a notable rise in US Treasury yields amid expectations of a more cautious approach to policy easing by the Federal Reserve (Fed). This shift in sentiment diverts investment flows away from the non-yielding yellow metal.
Gold price recovered, still maintaining above 2600, sideways price range 2600-2645
/// SELL XAU : zone 2629-2632
SL: 2637
TP: 50 - 100 - 300pips (2602)
Safe and profitable trading
Gold Positive - Rebounds on Military TensionsXAU / USD trend forecast November 19, 2024
Gold prices (XAU/USD) drew safe-haven demand on Monday, rebounding after last week's sharpest weekly decline in over three years and breaking a six-day losing streak amid escalating geopolitical tensions.
Additionally, a pullback in US Treasury yields led to profit-taking on the US Dollar (USD) following its post-election surge to a new year-to-date high, providing further support for the non-yielding yellow metal.
Korean peninsula tension - boosts gold price to increase and recover. Wait for resistance zone according to FIBONACCY for gold price to decrease
/// SELL XAU : zone 2640-2643
SL: 2648
TP: 50 - 100 - 200pips (2623)
Safe and profitable trading
XAUUSDHi traders,
It is so difficult to decide the new trend for gold.
with big banks said it will goes to 3500 within 2025.
I think it may goes to correction within the next 2 weeks till 2300-2400 before it goes to 2800.
I think it will be in good selling area this week, I hope that.
Good luck for your all.
18 Nov - BuyI believe the market will go up to at least 2622 and possibly higher. I will be looking for buys and sell on the dips to my end target
QUICK BUY IN XAUUSDa quick 90 pips on the Daily Timframe its A NICE REVERSAL PATTERN, the price just pull back so we expecting the price to go up. Targeting 90 pips
XAUUSD $$$$
market takes asia high liquidity an tapped the 4h zone now we have to wait for break structre in 15m
WEEKLY SCENARIO FOR XAUUSDThe price is showing resistance near $2,570-$2,580 and support closer to $2,540, suggesting a possible test of these levels
The price has been in a consolidating downtrend recently, reacting to broader market influences such as the strength of the US Dollar and Treasury yields.
If bearish momentum continues, XAU/USD might test support near $2,530-$2,540. A reversal above $2,580 could indicate a shift toward a neutral or bullish correction.
This prediction is based on real-time technical analysis and is subject to market changes. Always monitor the latest data before making any trading decisions.
XAU ! 11/ 21 ! SCALPING Gold price still increasesXAU / USD trend forecast November 21, 2024 ! SCALPING
Anticipations that US President-elect Donald Trump's proposed tariffs could drive inflation higher and reduce the Federal Reserve's (Fed) ability to lower interest rates continue to support elevated US Treasury yields. Combined with a generally upbeat risk sentiment, this could deter traders from making aggressive bullish moves on XAU/USD. Attention now shifts to upcoming US macroeconomic data and Fed commentary, which are expected to offer fresh direction for the precious metal.
Long term frame, the uptrend still has great buying power. SCALPING short term frame to find a good BUY entry point
/// BUY XAU : zone 2646-2643
SL: 2640
TP: 40 - 80 - 150 pips (2658)
Safe and profitable trading
GOLD - Bearish Move IdentifiedGold has rejected from our previously identified resistance and now look to push for a lower level. Break of above resistance will void this analysis.
Best approach is to go from level to level rather than aiming for a swing move as sentiments can switch anytime.
For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.
If you found this analysis helpful, please consider boosting and following for more updates.
Disclaimer: This content is for educational purposes only and should not be considered financial advice.
XAUUSD downGold extends its bullish momentum further above $2,660 on Thursday. XAU/USD rises for the fourth straight day, sponsored by geopolitical risks stemming from the worsening Russia-Ukraine war. Markets await comments from Fed policymakers.The short-term technical outlook for Gold price appears to lean in favor of buyers as the 14-day Relative Strength Index (RSI) prods the 50 level to the upside. The indicator is currently just above 50.
However, an impending Bear Cross could be a headwind for Gold price. The 21-day Simple Moving Average (SMA) is closing in to cut the 50-day SMA from above. If that happens on a daily closing basis, it will validate the bearish crossover.
Gold buyers need a daily candlestick closing above the 50-day SMA at $2,660 to unleash additional recovery toward the 21-day SMA at $2,680.
The $2,700 threshold will be the next significant target for buyers.
Conversely, failure to find acceptance above the 50-day SMA at $2,660 on a daily closing basis could reinforce sellers toward the $2,600 threshold.
Tuesday’s low of $2,610 will be tested ahead of that.
XAUUSD H6 Market Idea Potential for a bearish pullback on the XAUUSD TVC:GOLD which could lead to a price movement towards the support level at 2608
XAUUSD Potential price correction from crossing of Resistance leGold (XAUUSD) has recently broken and closed above the $2,650 resistance zone, indicating strong bullish momentum. The market is now approaching the previous week's high at $2,686 and the psychological level at $2,700. Additionally, a global upward trendline, which has supported the price since the summer, lies above these levels.
At these resistance points, there may be selling pressure, potentially causing the price to consolidate or move sideways. The market might also seek liquidity above the previous week's high before retracing. A break and retest scenario is possible, where the price tests these resistance levels and then pulls back. The target for this pullback is the support zone around $2,635.
It's important to monitor price action near these key levels to confirm potential reversals or continuations. Traders should also consider external factors, such as economic data releases and geopolitical events, which can influence gold prices
GOLD | Will Bull Flag and Global Events Help Gold Rise?Hey, ladies and gentlemen. In my personal opinion, while everyone else is thinking about gold falling again, I believe it’ll probably just keep rising to collect all the stop losses of the bears.
Although the bullish trendline was broken recently, it’s creating a new trendline, probably a little bit thicker than the previous one. I think now, with this trendline, it’ll hunt for the record highs it reached before the election.
What’s interesting is not just the price action, but also global events like the USA closing its embassy in Ukraine due to fear of escalation by Russia after what Ukraine used against them. Also, there’s a bullish flag forming right in front of our eyes.
So, I’m pretty much certain, with a 75% chance, that it may keep rising. Also, what I wanted to point out is that my previous position proved to many people that stop losses placed far away are the correct way to work with the current gold situation.
That’s why here’s my new 8th position:
Opening: 2648
Take Profit: 2655
Stop Loss: 2590
Nonetheless, even with 75% or 99% certainty, you should never use your entire deposit during a trade. This is not a game of luck—treat this job as a business.
With that being said, let’s see now what’s going to happen.
Gold - Wave 5, plus CCI and RSI confirmationAt the trough we had the RSI close to oversold, and we can say that CCI showed an oversold condition.
The CCI that measures the deviaton its smoothed with an 14-ma and adding the RSI above we have the market confirmation.
The candles formed three white soldiers that seems very strong.
We are in the beginning of wave 5 with the objective to go to a new high above wave 3.
LOOKING TO GO SHORT ON XAU/USDXAU/USD 4H - You can see here that price has traded into a fair value gap that I have marked out just above the higher timeframe BOS. This here would be acting as the initial pullback before the new impulse to the downside.
It would also be seen as the second shoulder in a classic head and shoulders pattern, which in a more detailed scope of the pair and pattern would be a distribution, this is something price does when its in prep of a down move.
By price distributing its offloading buy orders and introducing sell orders, this is prices' way of preparing for a move to the downside. Whilst price is doing this its important to wait patiently for the right time to enter in on the market.
Once price has finished distributing we should see some kind of relevant break to the downside this will confirm the end of the distribution giving us confirmation that price is now ready to move lower.
Updated _ Version _ Gold (XAU _ USD _ Short _ Trading _ StrategyUpdated _ Version _ Gold (XAU _ USD _ Short _ Trading _ Strategy _ Under _ Trading _ Venue _ OANDA.
Price remain the same as previous, only Retest change. The lower retest will be done later.
1st Trade Execution = $2,626.206 Follow by $2,649.887 .
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2nd Trade Execution = $2,677.154
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Drop to the key level of : $2,633.093
Gold retraces for Bullish!XAUUSD
I am waiting for a decline in my ideal area of 2617 sl at 2610. My overall target is at the quancequant encroachment of 4h chat at 2650
If fundamental follows, we could see a bearish movement soon?It's possible. But keep in mind that Gold is pretty strong, and it's fuelled by fear, which within the last day has increased.
Gold’s Got Drama: Is the Shine Fading? Let’s Dive In!🚨 Gold’s Got Drama: Is the Shine Fading? Let’s Dive In! 💰
1️⃣ Medium-Term Trendline: The OG Support!
This trendline has been holding like your favorite pair of jeans—reliable and never letting you down. But here’s the tea ☕: the price has slipped below it and is now knocking on its door like, “Hey, can I come back in?”
🔑 Key Point: If the door slams shut (aka, the trendline holds as resistance), we’re looking at some spicy bearish action. Keep your eyes on this!
2️⃣ Price Making Higher Highs, But…
🎵 "The higher you climb, the harder you fall…" Gold’s been flexing with those higher highs, but the RSI isn’t buying it. It’s like Gold is posting gym selfies 📸 while secretly skipping leg day. The disconnect is real.
❗ Warning: When price says "up" but RSI says "nah," the universe is screaming reversal incoming.
3️⃣ RSI Bearish Divergence: Red Flag Alert 🚩
RSI is the wingman who sees the danger before you do. It’s whispering, “Bro, this trend is running on fumes.” Lower highs on the RSI + higher highs on price = the perfect cocktail for a pullback. 🍹
📉 Translation: Momentum is fizzling, and buyers are running out of juice. The bears might just be warming up. 🐻
4️⃣ Price Retesting the Trendline: Playing Hard to Get 😏
After breaking up with the trendline, the price is back, asking for a second chance. Will the trendline say, “No thanks, I’ve moved on” and reject it as resistance? 👋
💡 Pro Tip: If the price gets rejected here, it’s basically like Gold saying, “I’m tired of this relationship. I’m heading lower.”
5️⃣ Sell Big if It Breaches Again: The Money Shot 💥
If the price slips below the trendline again, it’s game on for the bears. That’s your signal to bring out the big guns—just don’t forget your stop-loss armor. ⚔️
🚨 Action Plan:
Sell below the trendline breakdown.
Targets? Look for levels like $2,400 or lower.
Keep stops tight above the retested trendline. Remember: trading isn’t a free-for-all. 🎯
TL;DR: Gold’s at a Crossroads ⚖️
This chart is giving all the signals of a potential reversal. 1️⃣ RSI divergence says momentum is tired. 😴
2️⃣ Price retesting the trendline screams, “Decision time!” 🕒
3️⃣ A breakdown could mean a juicy shorting opportunity. 📉
💥 Final Thoughts: Don’t YOLO into this trade. Wait for confirmation. Be disciplined. And as always, let’s bag those profits like a boss. 💼💸
What’s your move? Are you riding the bear train or waiting for Gold to prove it’s still got its shine? Let me know, and let’s crush it! 🚀
XAUUSD!GOLD!
N.B!
- XAUUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#gold
#xauusd
Gold ready to above 2600 read the caption People got bullish on stocks. I get it. There’s a political change coming, and many investors might be excited about that while I don’t think that others would be willing to sell given this sentiment.
However, I have to point out that tops are formed when the sentiment is extremely bullish. While this doesn’t have to be the final top for this rally (I admit, I thought that we saw a top already and stocks kept on rallying), I do want to stress that this is one of the moments where at least a local top becomes likely
