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Goldprediction

Gold is in the bullish direction after correcting the supportHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAUUSDLong
by ForexMasters2000
Gold : A Perfect Buy Opportunity Amid Expected Pullback!Yesterday, gold prices surged above 2700, rising $60 from open to close. Following such a significant increase, some pullback is likely in today’s session. However, this does not signal the end of the uptrend but rather a natural price correction. After the pullback, gold is expected to resume its upward momentum, with potential to break above 2730. Based on this analysis, today’s strategy is to continue buying gold. The ideal buying range is between 2688-2674, with a target set between 2725-2732. This pullback presents an excellent entry point for bullish positions, creating the potential for further profits!
FOREXCOM:XAUUSDLong
by MichaeliaDefoe
1
Gold is prepare for wave Bin short tern, 5min/15min chart, the price is testing the EMA 50, after break above, now retesting. If successful with a good volume bar, We can predict the wave A had been formed and now for wave B up. Be aware of incoming Federal Funds Rate and FOMC. if this event make a B wave. we can earn the C wave. I like to take the B wave in the FOMC event if the Gold would not break recent low around 2642. Else the correction A-B-C is invalid and we have to edit the elliott wave.
OANDA:XAUUSDLong
by tSageHuz
3
GOLD DAILY CHART UPDATEHey Everyone, Great day on the charts today with our swing range doing exactly what it says on the tin. We got the big drop yesterday from the election volatility, yet our levels were still respected technically, providing the reactional bounce. Swing range bounce gave us 2690. A close above this level will see the upper levels being retested again, keeping in mind the long range gap above on this chart idea. Failure to close above this level will see a retest on the swing range again. 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. Our long term bias is Bullish and therefore we look forward to drops like this, which allows us to continue to use our smaller timeframes to buy dips using our levels and setups. Buying dips allows us to safely manage any swings rather then chasing the bull from the top. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
12
11.7 Analysis of Gold Short-term OperationYesterday, the gold market fluctuated greatly due to the influence of the US election. After opening at 2742.6 in the morning, the market first pulled up, and the daily line reached the highest pressure near 2750. After that, the market was affected by the US election result that Trump was re-elected and began to fall. After breaking the previous day's low of 2724, the market accelerated its decline. The daily line gave a minimum of 2650.7 and then the market consolidated. The daily line finally closed at 2658.8 and the market closed with a super large Yin line with equal upper and lower shadows. After this pattern ended, the daily head and shoulders top pattern was formed. In addition, the fundamentals expected that the market would fall back after stepping back. In terms of points, the long stops of 1996 and 2028 below were followed at 2600. The US market first rose to 2660 and gave a long stop loss of 2650. The upper target is 2675 and the breakthrough is 80-----90
FXOPEN:XAUUSDLong
by David_strategy
1
Gold Drops $100! Is Now the Perfect Time for a Pre-Rebound Buy?With Trump’s presidency and his economic focus, gold prices have taken a sharp plunge, dropping nearly $100. While I anticipated a decline, this significant drop exceeded my expectations. Fortunately, we managed to close out our long positions above 2700 and also capitalized on a successful sell-off during the New York session. Gold has now fallen below 2660 and remains pressured under the MA5 on the 30M chart. However, I believe a strong rebound is imminent. I estimate that gold could reach a solid bottom around 2646, with a possible low near 2631. On the 1D chart, the MA60 sits at approximately 2618, though I believe it’s unlikely to drop that far today. Today’s plan is to buy on the dip, with an eye on a potential rise to around 2780, after which I’ll shift strategy to selling. By seizing this potential rebound, we stand to capture considerable gains!
FOREXCOM:XAUUSDLong
by MichaeliaDefoe
XAUUSD, 15-MINUTES TIMEFRAME CHARTXAUUSD, 15-minute timeframe chart XAUUSD touched the resistance level of 2,667.00 General outlook XAUUSD has been under buying pressure within the last couple of hours. The pair moved to the resistance level of 2,667.00. Possible scenario The best way to use this opportunity is to place a sell limit order at 2,665. Set your stop loss at 2,670. below the previous low ($5.00 loss for 0.01 lot) and take profit at 2,644. ($21.00 profit for 0.01 lot). The risk-reward ratio for this order is 1:1.
TVC:GOLD
by QAZIFXTRADER
GOLD UPDATES MOMENTUM AHEADHello fellow traders, were back on. after the ascending channel, price corrects and clear the high. RUn liquidity for 30$ moves upside, then price has momentum on going back to its trendline. Im expecting a price to clear the previous corrections. First might get the OB then manipulate below. The higher targets would be the previous high! THis is not a financial advice. Follow for more. chart invalid if the friday highs break next week. For more detailed charts keep following.
TVC:GOLDLong
by D1GITALTRADES
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone, A volatile day in the markets today from the US election and once again we were able to use our levels to navigate the markets even on a volatile day like this. We did not chase momentum but instead we stuck with our plans to buy dips from our weighted levels for a 30 to 40 clean catch from 2700 level. We are now seeing a further breakdown into the retracement range. EMA5 is lagging due to market momentum. However, although we are seeing price in the retracement range and ema5 lagging behind we will need to see ema5 lock below 2672 to open the swing range. Failure to cross and lock below 2672 will see price push up to test the Goldturns above. 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 2754 EMA5 CROSS AND LOCK ABOVE 2754 WILL OPEN THE FOLLOWING BULLISH TARGET 2784 BEARISH TARGETS 2724 - DONE EMA5 CROSS AND LOCK BELOW 2724 WILL OPEN THE FOLLOWING BEARISH TARGET 2696 - DONE EMA5 CROSS AND LOCK BELOW 2696 WILL OPEN THE RETRACEMENT RANGE 2672 - DONE EMA5 CROSS AND LOCK BELOW 2672 WILL OPEN THE SWING RANGE RANGE SWING RANGE 2640 - 2611 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
23
11.7 Analysis of Short-term Gold OperationsOn Wednesday (November 5), gold prices fell below $2,700 as the dollar rose after Republican Donald Trump was elected as the US president after his amazing political comeback. Now it is trading sideways at $2,666. Technical analysis: Gold has key positions of support and resistance in the short term. At this stage, the $2,680-2,675 area constitutes an important support level for gold. If the gold price falls below this level, it may accelerate downward to test the support area below $2,650, which is the lower edge of the short-term rising channel since July. If it falls further, the next support range of market attention will be concentrated around $2,665, and further explore the $2,640 line. At the same time, if the gold price rebounds, the $2,748-2,750 area may constitute the first resistance level, and the key resistance above is in the $2,780-2,785 range. If it can stand firm in this range, it may be expected to return to the $2,800 mark. It is worth noting that the $2,800 mark, as the pivot point of the long-term upward trend, will be of great significance to the bulls. If it can be steadily broken through, it may restart the upward trend. BUY:2660 First target 2680 Second target 2700 Third target 2720
FXOPEN:XAUUSDLong
by David_strategy
3
Analyzing the Factors Behind the Recent Gold Price Decline A Post-Election Dip Gold prices experienced a significant decline following the recent US election. The precious metal, often seen as a safe-haven asset, retreated as the US dollar strengthened and Treasury yields surged. This confluence of factors put pressure on gold, which tends to perform poorly in a rising interest rate environment. Why Did Gold Fall? 1. Stronger US Dollar: A stronger US dollar typically weighs on gold prices. When the dollar appreciates, it becomes more expensive for foreign buyers to purchase gold, reducing demand for the precious metal. 2. Rising Treasury Yields: Higher Treasury yields reduce the appeal of non-yielding assets like gold. As bond yields rise, investors may shift their focus from gold to fixed-income securities. 3. Reduced Safe-Haven Demand: The election results, while not entirely unexpected, may have reduced some of the safe-haven demand for gold. Investors may have perceived less geopolitical risk and economic uncertainty, leading them to seek out riskier assets. Is More Downside Ahead for Gold? While the recent decline in gold prices has been significant, it's important to consider the factors that could influence its future trajectory: 1. Economic Uncertainty: Despite the post-election rally, global economic uncertainty remains elevated. Factors such as geopolitical tensions, trade disputes, and potential economic slowdowns could continue to support gold's safe-haven appeal. 2. Inflationary Pressures: Persistent inflationary pressures could drive investors toward gold as a hedge against currency devaluation. Central banks may need to tighten monetary policy to combat inflation, which could indirectly benefit gold. 3. Central Bank Demand: Central banks around the world have been significant buyers of gold in recent years. Continued central bank demand could provide support for gold prices. Technical Analysis From a technical perspective, gold prices have broken below key support levels. A further decline could be on the cards, with potential targets at the next significant support levels. However, it's important to note that technical analysis is not foolproof, and market sentiment can change rapidly. Investor Strategies Given the current market conditions, investors may consider the following strategies: 1. Dollar-Cost Averaging (DCA): By investing a fixed amount of money in gold at regular intervals, investors can reduce the impact of market volatility. 2. Physical Gold: Owning physical gold can provide a tangible asset and hedge against inflation. 3. Gold ETFs: Gold ETFs offer a convenient way to invest in gold without the physical storage costs. 4. Diversification: Incorporating gold into a diversified investment portfolio can help reduce overall portfolio risk. In conclusion, while the recent decline in gold prices is concerning, it's essential to consider the long-term factors that could influence its future trajectory. Investors should carefully assess their risk tolerance and investment goals before making any investment decisions related to gold.
OANDA:XAUUSDShort
by bryandowningqln
11.6 Gold price plunged sidewaysAfter the high-volume plunge on Thursday, the gold price has been trading sideways above 2720. The price will maintain less than 30 US dollars in the short term. Yesterday, the direct 2745 dry short price can be repeatedly shorted in the short term. 2730 has been broken as expected on Tuesday, and the price will fall below 2700. The US dollar index has begun to rise sharply, and the non-US has already reacted very clearly, and the gold price is following closely. The 2745 dry short price has fallen to 2731 in the morning. Repeatedly go up to 2749 and do short again! At present, 2750 is the second highest point of the gold price. Wait patiently for the large short volume! This sideways trading is to accumulate power for diving! Intraday strategy: SELL: 2745 2750 Target: 30------20 BUY: 2700 2705 Target: 35-----40
FXOPEN:XAUUSDShort
by David_strategy
1
XAUUSD Pullback Set-Up Demand at 2722 Targeting 2700The XAUUSD (gold) market has a strong initial demand zone at 2722-17 , where a pullback is expected before facing resistance at 2747-53 , which is forecast as a significant supply level. Our major aim is 2700 , which corresponds to a robust daily demand zone. Geopolitical developments are boosting gold's appeal as a safe-haven asset. Heightened tensions in the Middle East, as well as the ongoing conflict between Ukraine and Russia , have added to risk aversion, attracting investors to gold. Furthermore, the forthcoming presidential election in the United States on November 5 creates uncertainties about prospective fiscal policy moves. Historical trends demonstrate that election outcomes frequently cause volatility in gold as investors hedge against policy changes. These factors are strengthening demand at important levels, which aids our understanding of potential retracements and target zones. If you find this analysis helpful, please consider boosting this idea. Thanks!
FOREXCOM:XAUUSDShort
by bluechipfx
11.5 Gold adjustment is still continuing!1: For gold price, 2730 is support in the short term! 2730 is just a rebound, not a reversal. The pressure is concentrated in the range of 2745-50. The sideways trading at the bottom is not a bottoming out, but a new adjustment is brewing. 2: The reason is that gold has fallen from the high of 2790 US dollars. After breaking through the support of 2770 US dollars, the high point position has continued to break down. Even if the non-agricultural data is positive in the middle, it did not drive gold to continue to rise. It just rebounded to above 2760 to complete the top and bottom conversion (previously 2760-70 was a strong support, and strong pressure was formed after breaking). 3: From the $60 plunge in gold last Friday to the non-agricultural data, which did not rise, it shows that the selling pressure from above is large, the buyer's power is weakened, and the gold price can no longer be sent to a higher position. Moreover, the rise from 2605 to 2790 is a full $185. The technical side also needs to be corrected, and the profit-taking urgently needs to close the position and leave the market, so it is not blindly optimistic to chase more! The 1-hour structure clearly indicates that the highs have been moving down from 2790/2760/2748, while the lows of 2770/2734/2725 have been lost. This is a typical adjustment market pattern. There is no need to guess where the bottom is. Just keep an eye on whether the last high point has been lost.
FXOPEN:XAUUSD
by David_strategy
1