TUESDAY GOLD BULL ALL TIME HIGH ALERT!🚀 Calling all traders! 🌟 XAUUSD is blazing, smashing records with finesse! 🔥 Here’s the latest:
🔍 XAUUSD Overview: 📊 Engaged in a gripping duel between 2813 and 2823. 🤔 Is a breakout looming?
📉 Bearish Outlook: 📉 Be alert for potential declines if it dips below the range! 🎯 Targets: 2800 & 2795.
📈 Bullish Outlook: 📈 Anticipate buying opportunities if it breaks above! 🎯 Targets: 2830, 2840.
💬 Join the Discussion: 💬 Share your perspectives as we journey through this golden terrain! 🗣️ Let’s reach new heights together! 💼✨
Forextradingzones
Gold weekly expected move read the caption The metal resumes higher in wave ((iii)). Up from wave ((ii)), wave i ended at 2766.3 and wave ii ended at 2744.78. Wave iii higher ended at 2798.55 and wave iv pullback ended at 2788.43. Expect wave v higher to end soon which completes wave (i) in higher degree. Then the metal should pullback in wave (ii) in 3, 7, or 11 swing to correct cycle from 1.28.2025 low before it resumes higher again. Near term, as far as pivot at 2730.23 low stays intact, expect dips to find support in 3, 7, 11 swing for more upside
Gold dipping now keep hold short read the caption Gold price stands tall near fresh record highs after closing Thursday well beyond the symmetrical triangle target of $2,785 or the previous all-time high of $2,790.
The 14-day Relative Strength Index (RSI) is currently near 68, suggesting that there is more room to the upside before Gold price enters the overbought territory at 70
Gold will buy that's confirm read the caption The dismal mood somehow eased ahead of Wall Street’s opening, with the three major indexes now trading in positive territory. Gains however, are modest as investors gear up for the Federal Reserve (Fed) monetary policy announcement. The Fed is undergoing a two-day meeting, which will conclude on Wednesday. Officials will announce their decision afterwards, with officials widely anticipated to keep interest rates on hold. Whereas the accompanying statement and Chairman Jerome Powell’s speech are dovish or hawkish and will decide the market’s direction
LIQUIDITY SWEEP BULL CONFIRM SIGNAL ALERT!for now market is running at 2749 level and there is strong support here at 2747-2749 we see a great pump from here so the market first sweep liquidity and retest the level of strong support again so mostly chance from here to take buy.
today target of bull first tp is 2760 and second target id 2775.
if market goes BULL and break and close 2762 level in 30minTF so gold will mark new ATH.
Confirm analysis of gold read the caption Inflation in the US, as measured by the change in the CPI rose 2.9% on a yearly basis in December from 2.7% in November, the US Bureau of Labor Statistics (BLS) reported, matching expectations. When compared to the previous month, the CPI was up 0.4%, after adding 0.3% in the previous month. The annual core CPI, which excludes volatile food and energy prices, rose 3.2%, below the expected 3.3%. The news sent stocks skyrocketing and bond yields lower as investors lifted bets on the Federal Reserve's (Fed) upcoming
XAUUSD IS READY TO FLYING MUST READ THE CAPTION This chart displays an hourly analysis of Gold (XAU/USD) with a potential bullish setup. Here's a breakdown:
1. Trend and Price Channel:
A rising parallel channel is drawn, suggesting a short-term uptrend.
The price has respected the channel boundaries, bouncing off the lower and upper limits.
2. Key Levels:
Support: Around 2,635 (stop-loss level).
Resistance: Around 2,680-2,685 (target area).
3. Trade Idea:
The chart indicates a buy setup:
Entry: Around the current price (2,653).
Stop Loss: Below the channel at 2,635, providing a buffer against downside risk.
Target: 2,680-2,685, just above the channel's upper resistance.
4. Projection:
The white arrows suggest a predicted price movement:
A potential retracement before moving higher to the target zone (2,680-2,685).
5. Risk-Reward:
The setup offers a favorable risk-reward ratio if the price continues to follow the channel's trajectory.
Analysis: The chart anticipates a continuation of the uptrend as long as the price remains within the channel. If the price breaks below 2,635, it may invalidate the bullish outlook.
EUR/USD Faces Key Rejection – Bearish Pressure IntensifiesThe daily candle is facing rejection from the descending trendline, confirming strong bearish pressure.
The daily trend remains negative, aligning with the broader bearish sentiment on the weekly chart. For bulls to regain control, EUR/USD must break above the trendline and the 100 EMA at 1.0670.
Failure to do so could lead to further downside, especially if the 1.0300 support zone is breached.
DYOR, NFA
Gold confirm analysis read the caption Spot Gold remains lifeless below the $2,650 level on a quiet Thursday as investors gear up for an extended weekend. The batch of United States (US) macroeconomic data released on Wednesday anticipated the ongoing quietness, as all American markets are closed amid the Thanksgiving Holiday.
On a positive note, the bright metal finds support in mounting expectations that the Federal Reserve (Fed) will deliver another 25 basis points (bps) interest rate cut when it meets in mid-December. At the time, according to the CME FedWatch Toll, the odds are roughly 70%
Gold buy now it will above 2700 read the caption On the hourly chart of Gold at FXOpen, the price formed a base near the $2,535 zone. The price started a steady increase above the $2,600 and $2,605 resistance levels.
There was a decent move above the 50-hour simple moving average and $2,675. The bulls pushed the price above the $2,700 resistance zone. Finally, the bears appeared near $2,720. A high was formed near $2,720 and the price is now consolidating gains
Gold confirm buy target here is opportunity read the caption Gold (XAU/USD) came under heavy selling pressure and slumped below $2,700 on Wednesday as US Treasury bond yields rallied on Donald Trump’s victory in the US presidential election. Inflation data from the US and Fedspeak next week could offer fresh insights into whether Gold will be able to shake off the bearish pressured
DXY (US Dollar Index) Analysis Daily TimeframeDXY is currently sitting at a daily resistance level after a bullish run since last week.
we anticipate a potential move to the downside as the index shows signs of weakening, by creating a Doji candlestick, which indicates market indecision.
Remember: If the US Dollar Index turns bearish, EUR/USD and GBP/USD are likely to show bullish momentum.
Let's take a closer look at these pairs for potential buy setups.
Gold crash the bear & continue the bull read the caption (XAU/USD) is already up half a percent to trade in the $2,730s on Monday during the European session after rising over 1.0% on Friday. The precious metal is gaining on a mixture of increased safe-haven demand due to the intensifying conflict in the Middle East and moves by the People’s Bank of China (PBoC) to further ease credit conditions by cutting interest rates.
Gold will knock 2700 confirm read the caption There hasn’t been any catalyst this week for the rally in gold although we had a key technical breakout which might have increased the bullish momentum.
The lack of bearish catalysts though is helping to keep the bid going as the market has finished to reprice the aggressive rate cuts expectations that weighed on gold in the past weeks as it contributed to lift real yields.
In fact, in the bigger picture, gold remains in a bullish trend as real yields will likely continue to fall amid the Fed’s easing cycle. The pullbacks will likely be triggered by a repricing in rate cuts but unless the Fed’s reaction function changes, the uptrend should remain intact
This XAUUSD rally still seems to have a lot of momentum.According to the World Gold Council (WGC), the weakening USD was the main factor driving the XAUUSD higher, as the Fed's big rate cut caused the USD to decline significantly.
Rising geopolitical risks with the worsening situation in the Middle East also boosted safe-haven buying.
The biggest drag on XAUUSD last month was the "momentum factor". A higher XAUUSD in the previous month tends to put downward pressure on the price in the following month and vice versa. Other gold pairs also recorded strong gains.
Usdchf dropping area confirm sell read the caption week ago today, the USDCHF made a break to the upside and out of the "Red Box" that had confined the pair going back to August 20. The US jobs report was the catalyst for the move higher, but by Monday, the price fell back to the high of that "red box" and even moved within the topside edges of it.
Sellers should have entered on that breach, but the momentum was very modest, and sellers turned back to buyers into Tuesday and reached session - and week - highs on late Wednesday and into Thursday's trade. Those highs reached a swing area between 0.86078 and 0.8619. The high price reached 0.86067.
Gold hits record high as USD/JPY drops nearly 150 pipsGold prices are on track for their biggest weekly gain since mid-August, rising 2.8% to a record $2,570 an ounce. The gains were fueled by a weaker dollar. Gold was last up 0.4% at $2,568 an ounce.
The MSCI Asia Pacific ex-Japan Index rose 0.53%.
US stock futures rose 0.1%, following gains in currency indexes on Thursday.
XAUUSD BUY market opening analysis As Gold prices continue their support area 2565_2560 target 2600
Gold selling area 2600 it target 2540_2520 unstoppable run higher scaling new all-time record highs for a fourth consecutive quarter in a row conclusive evidence shows that we are just in the early stages of a new historic Supercycle for Gold
Forecasts are reinforcing the view that the Fed is about to cut Despite short-term volatility, the precious metal remains an attractive investment in the long term as global government debt rises and interest rates fall. The direction of gold in the coming period will largely depend on the Fed's interest rate policy. If the next US economic data remains gloomy, the Fed will cut more. This will help gold prices conquer new highs.