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Gold Rebounds: Geopolitical Tensions and a Weaker Dollar Drive tGold Rebounds: Geopolitical Tensions and a Weaker Dollar Drive the Recovery Gold prices have rebounded after a recent dip, which followed reports of a ceasefire agreement between Israel and Hezbollah. Despite this temporary pullback, the broader dynamics supporting gold remain intact, driven by geopolitical uncertainty, inflation concerns, and central bank policies. Geopolitical Tensions Support Gold One of the primary factors behind gold’s continued strength is the persistence of geopolitical risks. The ongoing conflict in Ukraine keeps investors seeking safe-haven assets, with gold standing out as a key hedge against global instability. Even with temporary easing of tensions in the Middle East, the broader geopolitical landscape remains a strong support for gold prices. US Dollar Weakness Boosts Gold US economic data presented a mixed picture, which weakened the dollar and provided a boost to gold prices: - **US GDP QoQ (2nd Estimate):** 2.8%, in line with forecasts, indicating steady economic growth. - **US Initial Jobless Claims:** Reported at 213K, slightly better than the forecast of 215K, showcasing a stable labor market. - **US Durable Goods Orders:** Increased by 0.2%, below expectations of 0.5%, signaling a softer investment demand. - **US PCE Price Index YoY:** Rose to 2.3%, matching forecasts but higher than the previous 2.1%. - **US Core PCE Price Index YoY:** Climbed to 2.8%, in line with expectations but up from the prior 2.7%. These figures weakened the US dollar, which typically moves inversely to gold, making the precious metal more attractive to global investors. Inflation Concerns and Central Bank Activity Inflation remains a key driver for gold. Planned tariffs on imported goods, proposed by future President Donald Trump, could exacerbate inflationary pressures in the US, further boosting gold’s appeal as an inflation hedge. Moreover, gold continues to benefit from a global environment of falling interest rates. Lower rates reduce the opportunity cost of holding non-yielding assets like gold, while central bank purchases add strong, consistent demand to the market. Emerging Market Demand Strengthens Gold Emerging economies, such as China and India, play a critical role in gold’s price trajectory. In these regions, gold holds significant cultural and investment value, and rising wealth levels contribute to increasing demand. This structural support further solidifies gold’s position as a long-term investment choice. What’s Next for Gold? Gold’s rebound highlights its resilience amid shifting global dynamics. While geopolitical developments like the ceasefire in the Middle East can trigger short-term volatility, the broader drivers—geopolitical tensions, inflation fears, and central bank policies—remain firmly in place. As the dollar shows signs of softening, gold is likely to maintain its upward momentum in the long term. Is this the beginning of a renewed rally for gold, or will further global developments bring new challenges? Share your insights in the comments!
OANDA:XAUUSDLong
by InvestMate
1
GOLD TRADING POINT UPDADE > READ THE CAPTAINBuddy'S dear friend 👋 Gold trading analysis map 🗾 update Gold already breakout bullish trend. 2721 -2605 Sellers closed trade. gold recover quickly ✔️ 2658 rejected again test diamond zone 2621 again recover quickly ✔️ Bullish trend 📈. Gold ready for short trade 😀 closed below 👇 Trend 📉 2605 - 2548 don't forget back up trand 😱 if blackout 2648 Next target 2680 ?!!! Support ✨ My hard analysis Setup like And Following Me 🤝 that star ✨ game 🎮
FXOPEN:XAUUSD
by SMC-Trading-Point
XAUUSD: Expecting a Triangle bullish breakout.Gold is neutral on the 1D timeframe (RSI = 48.029, MACD = -5.300, ADX = 29.357) as it is consolidating inside a Triangle, same as it did within November 13th - 15th. Once the LH trendline breaks, we expect a similar bullish breakout to a new High but on the short term we are happy to just aim for the R1 level (TP = 2,721) ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
FX_IDC:XAUUSDLong
by InvestingScope
1
Shorting gold is my best Thanksgiving gift to youBros, although gold has risen sharply to around 2646 in the short term, from the overall structure, the rebound strength of gold is still lacking, and it has never been able to break through the key level, resulting in limited room for gold to rise; and gold still faces the resistance area of ​​2650-2655 in the short term. So don't be scared by the sharp fluctuations in the short term. The rebound is an opportunity to short gold; in addition, once gold forms a falling relay platform, gold is likely to continue to fall and try to reach 2600, or even 2580. Bros, this is my Thanksgiving gift to you! Be brave to short gold! Bros, have you shorted gold like me? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDShort
by Trader_Marvin
Bitcoin and Gold to Counter InflationConsidering how Gold and Bitcoin surged significantly in response to inflation when it peaked at 9% in June 2022, and given that they are still maintaining their high levels, it seems the fear of inflation is not yet over. Today, I will focus on Gold and strategies to manage this upward trend, which you can also apply to Bitcoin. Mirco Gold Futures & Options Ticker: MGC Minimum fluctuation: 0.10 per troy ounce = $1.00 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
COMEX:GC1!Long
by konhow
1
Coffee Is Getting ExpensiveCoffee is in a massive rally on tight Brazil crop fears and if we take a look at the weekly chart, we can see it trading impulsively higher with space for more gains until it fully completes a five-wave bullish cycle by Elliott wave theory, just watch out on short-term 4th wave pullbacks. Basic Impulsive Bullish Pattern shows that Coffee can be trading in subwave "iii" of 3 of (3) of a five-wave bullish impulse of different degrees, so more gains can be seen after short-term 4th wave pullback.
PEPPERSTONE:COFFEELong
by ew-forecast
GOLD ROUTE MAP UPDATEHey Everyone, Another great day on the charts today with our analysis playing out, as analysed. After completing the full swing range test and swing action yesterday, we stated that we were now waiting for ema5 lock above 2657 for a continuation or a lock below the swing range will open the levels below. 2657 Goldturn failed to break and followed with the rejection back into the swing range at 2620. No lock below 2620 confirmed the rejection for the bounce, inline with our plans to buy dips. We will continue to see play between both these weighted levels and will need to see ema5 cross and lock to confirm the next range. 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 2728 EMA5 CROSS AND LOCK ABOVE 2728 WILL OPEN THE FOLLOWING BULLISH TARGET 2743 POTENTIALLY 2759 EMA5 CROSS AND LOCK ABOVE 2759 WILL OPEN THE FOLLOWING BULLISH TARGET 2772 POTENTIALLY 2787 BEARISH TARGETS 2703 - DONE EMA5 CROSS AND LOCK BELOW 2703 WILL OPEN THE FOLLOWING BEARISH TARGET 2684 - DONE EMA5 CROSS AND LOCK BELOW 2684 WILL OPEN THE FOLLOWING BEARISH TARGET 2657 - DONE EMA5 CROSS AND LOCK BELOW 2657 WILL OPEN THE SWING RANGE SWING RANGE 2638 (DONE) - 2620 (DONE) 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
11
Bearish trend continues.Gold bulls and bears saw each other repeatedly, and the market rose and fell back to fluctuate and adjust! Thanksgiving on Thursday, the US market closed early, and the expected volatility was limited, so the expectation should not be too high. Look for opportunities to short below 2652, and the nearest suppression below is 2647! Continue to sell on rebound! We said yesterday that gold’s rise is not necessarily a reversal, but just a rebound. Gold suggested to continue selling near 2652 yesterday. Gold fell as expected, and gold is still just a rebound. The 1-hour moving average of gold is still arranged downward. The rebound of gold is an opportunity to short. If gold rebounds above 2640, continue to short. First support: 2620, second support: 2612, third support: 2600 First resistance: 2640, second resistance: 2652, third resistance: 2668 Trading strategy: BUY: 2611near SELL: 2644near
TVC:GOLDShort
by Jun-GoldAnalyst
XAUUSD:28/11 Today's Market Analysis and StrategyGold technical analysis Daily resistance 2700, support below 2627 Four-hour resistance 2641, support below 2627-10 Gold operation suggestions: Gold surged and fell in the shock yesterday. The US market surged slightly and pierced the 2658 line and fell under pressure. The closing price was below 2640. The overall gold price showed a secondary pressure pattern above 2655. At present, from the 4-hour trend, pay attention to the short-term suppression of 2640-2645 on the upper side, and focus on the suppression of 2658-60 yesterday. In the short term, we pay attention to the support of 2627 on the lower side, and wait patiently for the key points to enter the market. SELL:2640~45 BUY:2627near BUY:2612near The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.
TVC:GOLDShort
by ActuaryJ
GOLD - Bearish Trend with Key Resistance at 2661Gold Technical Analysis The price declined yesterday, as anticipated, and then reversed, currently attempting to reach the resistance level at 2661 before potentially turning bearish again if it stabilizes below this level. The price continues to show bearish volume, with targets at 2625 and 2612, as long as it trades below 2661. However, it may first test 2661 if it stabilizes above 2644. The general trend remains downward. For a bullish trend to emerge, the price must stabilize above 2661, confirmed by a 4-hour candle close, to target 2678. Key Levels: Pivot Point: 2644 Support Levels: 2625, 2612, 2585 Resistance Levels: 2661, 2678, 2693
OANDA:XAUUSDShort
by SroshMayi
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
OANDA:XAUUSDShort
by RTED_Investing
XAUUSD Potential Up movement in the short-termThe XAU/USD market has demonstrated resilience at the 2,620 support level, with multiple tests resulting in rejections and the formation of long-tailed bars, indicating buyer intervention. This area functions as a swap zone where buying momentum has reasserted itself. On the daily chart, the price briefly dipped below the prior daily low, capturing liquidity before rebounding. Notably, the price remains within the previous week's range, oscillating between its upper and lower boundaries. The inability to breach the 2,620 support level suggests that buyers may aim to challenge the resistance zone near 2,679
OANDA:XAUUSDLong
by RTED_Investing
GOLD | We're in a Bearish Triangle, Will We Break Through?Gold likes to move in patterns sometimes, and it's also worth considering that the orange rock is quite overbought right now. There's a chance that the triangle will be respected, and also there's a chance that we'll fly up. Both have their arguments, but the downward direction option is more likely to happen. Don't open any positions, because we can understand what's going to happen only after next movements. Now let's watch and see!
OANDA:XAUUSD
by AltairView
XAU/USD : Bull or Bear? (READ THE CAPTION)Analyzing the #Gold chart on the 4-hour timeframe, we can observe that yesterday, following the announcement of a potential ceasefire between Lebanon and Israel, gold experienced a significant drop, correcting by over 800 pips down to $2,605. This sharp decline created a major liquidity gap, which I anticipate will likely be filled as prices recover soon. Additionally, today we have the critical CB Consumer Confidence data release, which could significantly impact the market and trigger high volatility. Be cautious with your trades and manage your risk effectively! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
OANDA:XAUUSDLong
by ArmanShabanTrading
99