Goldforecast
GOLD , XAUUSD Gold Analysis Tuesday 1st November
Monday Gold performance, Gold opened at $1644, made high at $1645 and low at $1631. Gold closed at $1633, $11 lower than Friday's closing.
Today, Gold opened at $1639. Support is at $1625 and Resistance is at $1654
Fundamental events today according to Pakistan Time
06:45 PM, US FINAL MANUFACTURING PMI
07:00 PM, US ISM MANUFACTURING PMI/ JOLTS JOB OPENINGS
ISM MANUFACTURING PMI: Previous 50.9 and Market expectation 50.
Jolts Job openings: Previous 10.05 million and market expectation 9.75 million.
Trade in gold with this update and do risk management in gold trading.
XAUUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
XAUUSD top-down analysis, UPDATED!!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold xauusd Gold Analysis Monday 31 October
last week's Gold performance: Weekly low was at $1637 and the Weekly closing was at $1644.
Today Gold opened at $1644. Support is at $1625 and Resistance is at $1660. Trend is negative and volatile.
Fundamental events according to Pakistan time.
06:45 PM, USA CHICAGO PMI FIGURE
Previous 45.7
Market expectation 47.8
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XAUUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GOLD Gold Analysis Friday 28 October
Thursday Gold performance: Gold opened at $1664. made high at $1670 and low at $1654. Gold daily closing was at $1663.
Today, Gold opened at $1665. Support is at $1649 and Resistance is at $1680. Trend is Neutral.
Fundamental events today according to Pakistan Time.
05:30 PM, US CORE PCE PRICE INDEX
07:00 PM, US Inflation expectations/ Revised consumer sentiment/ pending home sales
XAUUSD top-down analysis, UPDATED!!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
XAUUSD possible buy zone!!GOLD 4H has formed a reversal creating an inverted head & shoulder on the weekly support level. As the market is over-extended to the downside, it is highly probable GOLD to have a short-term reversal to the upside as the price had a strong bounce from the monthly and weekly levels. Upon retesting of the previous resistance as support on the neckline of the head & shoulder, a possible buy setup is highly probable.
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GOLD , XAUUSD Gold Analysis Wednesday 26 October
Tuesday 25 October Gold performance: Gold opened at $1649, made low at $1638 and high at $1662. Daily closing was at $1653, $4 more than Monday 24 October daily closing.
Today, Gold opened at $1654. Support is at $1638 and Resistance is at $1670. Trend is slightly positive because Gold recently has not been able to sustain a positive price level for much longer.
Fundamental events today according to Pakistan Time
07:00 PM, Canada monetary policy and USA new home sales.
GOLD top-down analysis, UPDATED!!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold XAUUSD Gold Analysis Tuesday 25 October
24 October Gold performance: Gold opened at $1657 and closed at $1649, $8 less than 21 October closing.
Today, Gold opened at $1647. Support is at $1634 and resistance is at $1665. Trend is neutral.
Fundamental events today according to Pakistan Time.
07:00 PM, USA CB Consumer confidence and Richmond manufacturing Index
USA CB Consumer confidence
Previous 108 and market expectation 105.7.
10:55 PM, FOMC member speech.
XAUUSD GOLD Gold Analysis Friday 21 October
Today is Friday, the last working day of the Gold market.
Gold performance 20 October: Gold opened at $1629, made high at $1645 and low at $1622. Gold closed its daily closing at $1628 which is $1 less than 19 October daily closing.
Today, Gold opened at $1623. Support is at $1608 and Resistance is at $1640. Trend is volatile.
Fundamental events today Pakistan time-based.
11:00 AM, UK retail sales
06:15 PM, FOMC member meeting
gold xauusdgold update
gold support is 1640 it means here sellers available
gold support is 1608 it means buyers available. news released which is good for usd and bad for gold.
analysis
as per news we can see gold for sell we hope gold will hit 1608 and if break this position then gold can go more down.
XAUUSD top-down analysis, UPDATED!!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
XAUUSD top-down analysis, UPDATED!!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
XAUUSD top-down analysis, UPDATED!!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold Gold Analysis Thursday 20 October
Gold performance Wednesday 19 October : Gold opened at $1652, made high at $1654 and low at $1629. Daily Closing was at $1629, which is $23 less than Tuesday 18 October daily closing.
Today, Gold opened at $1623. Daily Support is at $1608 and Resistance is at $1640. Trend is negative and volatile.
Fundamental Events Pakistan Time based
05:30 PM US Philly FED manufacturing Index and Unemployment claims
US Philly FED Manufacturing Index
Previous -9.9 Market expecting -5.0
If plus figure is released, This can be positive for US$ and negative for DXY. If negative figure is released, This can be negative for US$ and positive for Gold.
US Unemployment claim
Previous 228000 Market expecting 229000
If figure increase, This can be negative for US$ and positive for Gold. If figure decrease, This can be positive for US$ and negative for Gold.
07:00 PM, USA existing home sales
Previous 4.8 million Market expectation 4.69 million
If figure comes above market expectation, This can be positive for US$ and negative for Gold. If figure comes below market expectations, This can have negative effect on US$ and positive effect on Gold.
10:30 PM-11:15 PM, FOMC Member speeches.
Gold forecast and idea | XAUUSDHi traders,
it is a continuation of a bearish trend in gold, So i have my sell trade
But there is the possibility of a price correction and a return to the daily support zone.
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✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
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