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Scalping XAU ! signal BUY zone SIDEWAY SCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Concerns over US President-elect Donald Trump's tariff plans, ongoing geopolitical uncertainty, and expectations of another Fed rate cut this month continue to support safe-haven demand for Gold. At the same time, market belief that Trump's policies could drive inflation higher and prompt the Fed to maintain elevated interest rates for longer is boosting US Treasury yields. This provides some support to the US Dollar (USD), limiting Gold’s upward momentum. Given these mixed signals, caution is advised before making new bullish bets. Traders now turn their focus to the US JOLTS Job Openings data for potential short-term trading opportunities around XAU/USD. ⭐️Personal comments NOVA: Small frame gold price continues sideways, there are still SACLPING signals in the 2622 price range ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2623 - $2621 SL $2618 scalping TP1: $2628 TP2: $2633 TP3: $2640 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDLong
by Nova-Scalper
4
12.4 Gold today overall range sweepOn Tuesday, the price first dropped to 2634-2633 in the morning, and the support was confirmed in the afternoon, and it was pulled up to 2650 area. Then, the first bottoming out and rebounding action has been made. Next, under the condition of keeping low, we can look at the second continued upward action, and then break through and stand firmly on the large channel, and then look at the third acceleration to complete the pull-up of 30 US dollars in space The four-hour pattern continues to show a narrowing situation, waiting for the subsequent breakthrough opening to guide a wave of unilateral volume The closing range of the shape, the upper rail is 2666-2664, and the lower rail is 2620-2622 The position of the large channel line is close to the upper rail pressure 2652-2653. The support in the same area expands the sweeping space upward. Today's early trading squats back to hold the lower rail support It can break through and stand firmly along the large channel line 2652-2653, and switch upwards. The next channel upper rail position focuses on the 2676-2678 area BUY: 2635————2640 Stop loss: 2645————50 Target: 2660 2665
TVC:GOLDLong
by AIan_Gold
2
The daily hammer of gold market is extended and rubbed.From the technical perspective, the price of gold continues to fluctuate within the convergence triangle area. The decline on Monday this week is consistent with the characteristics of a volatile downward trend, with the lowest intraday price reaching 2620, which is exactly the starting point of the stabilization and rebound last week, highlighting its key support significance in the volatile market. As the price falls, the market has fallen below the volatile upward support line and is under pressure from the previous high of 2650, with a significant double suppression effect. Looking ahead to the intraday trend, the suppression of the 2650 line still needs to be focused on this trading day. Given that gold is still in the volatile downward stage of the large-cycle convergence triangle and the downward trend has not yet ended, there is a possibility that the price of the market will fall below 2620. Therefore, in the short term, we maintain a bearish mindset, with 2650 as the key suppression level, and are bearish on gold. However, in the context of frequent interweaving of long and short factors, investors need to pay close attention to market dynamics and flexibly adjust strategies to cope with changes that may occur at any time.
TVC:GOLD
by AIan_Gold
1
Gold at a Crossroads – A 100-Point Move is Brewing!Gold (XAUUSD) has reached critical levels in the $2640-$2650 range, and the market is gearing up for a decisive move. This key equilibrium area is the battleground where buyers and sellers are clashing to determine the next trend. The question is: Who will win? 📊 Key Highlights from the Chart: 1️⃣ Buyers Defending the Zone (2600-2640): Gold has shown strong buying interest in this zone, as bulls step in to defend their territory. This area aligns with the Fib 0.618 retracement level (2606), a powerful support zone that technical traders trust. 2️⃣ Decision Point: The $2640-$2650 Resistance Zone: This is the last stop before the storm! If the bulls can break through this range, we could see a 100+ point rally toward the next resistance at $2720-$2750. Conversely, failure to break higher might lead to selling pressure dragging prices back toward the $2540-$2560 area. 3️⃣ The Global Context – Middle East Unrest: Despite some apparent weakness in the bulls, the geopolitical tensions in the Middle East could act as a tailwind for gold, fueling safe-haven demand. 4️⃣ Range of Opportunity: Upside Potential: A break above $2650 opens the door to $2720 (a +3.8% move). Downside Risk: A drop below $2600 could drag prices down to $2540 (-3.8%). This 100-point range is a golden opportunity for tactical traders. ⚠️ What Should You Do? 💡 If You’re Bullish: Watch for a clean break above $2650. Target $2720-$2750 for profits. 💡 If You’re Bearish: Look for rejection near $2640-$2650. A fall below $2600 would confirm bearish momentum, targeting $2540. 💡 Risk Management is Key: Gold is known for its volatility. Use tight stop-losses to manage risk. Let the breakout or breakdown confirm the trend before entering trades. 🚀 The Clock is Ticking: Is Gold a BUY Now? 🚀 The market is on edge as it awaits confirmation of the next major move. Will geopolitical tensions ignite a bullish breakout, or will sellers push prices back into the lower range? Stay vigilant, and trade smart.
FOREXCOM:XAUUSD
by shazfit
Gold at a Crossroads – A 100-Point Move is Brewing!Gold (XAUUSD) has reached critical levels in the $2640-$2650 range, and the market is gearing up for a decisive move. This key equilibrium area is the battleground where buyers and sellers are clashing to determine the next trend. The question is: Who will win? 📊 Key Highlights from the Chart: 1️⃣ Buyers Defending the Zone (2600-2640): Gold has shown strong buying interest in this zone, as bulls step in to defend their territory. This area aligns with the Fib 0.618 retracement level (2606), a powerful support zone that technical traders trust. 2️⃣ Decision Point: The $2640-$2650 Resistance Zone: This is the last stop before the storm! If the bulls can break through this range, we could see a 100+ point rally toward the next resistance at $2720-$2750. Conversely, failure to break higher might lead to selling pressure dragging prices back toward the $2540-$2560 area. 3️⃣ The Global Context – Middle East Unrest: Despite some apparent weakness in the bulls, the geopolitical tensions in the Middle East could act as a tailwind for gold, fueling safe-haven demand. 4️⃣ Range of Opportunity: Upside Potential: A break above $2650 opens the door to $2720 (a +3.8% move). Downside Risk: A drop below $2600 could drag prices down to $2540 (-3.8%). This 100-point range is a golden opportunity for tactical traders. ⚠️ What Should You Do? 💡 If You’re Bullish: Watch for a clean break above $2650. Target $2720-$2750 for profits. 💡 If You’re Bearish: Look for rejection near $2640-$2650. A fall below $2600 would confirm bearish momentum, targeting $2540. 💡 Risk Management is Key: Gold is known for its volatility. Use tight stop-losses to manage risk. Let the breakout or breakdown confirm the trend before entering trades. 🚀 The Clock is Ticking: Is Gold a BUY Now? 🚀 The market is on edge as it awaits confirmation of the next major move. Will geopolitical tensions ignite a bullish breakout, or will sellers push prices back into the lower range? Stay vigilant, and trade smart.
FOREXCOM:XAUUSD
by shazfit
Accumulation - bulls and bears dispute ! XAU sideway ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Atlanta Fed President Raphael Bostic shared his views, expressing uncertainty about the need for a rate cut this month but supporting the idea of further reductions in the coming months. He emphasized that interest rates should reach a neutral level that neither stimulates nor restricts economic growth, noting that he remains open to all options. Meanwhile, the CME FedWatch Tool indicates a 63% probability of a 25-basis-point rate cut, slightly lower than the 66% seen last Friday, suggesting the December 17-18 meeting will be a closely watched event. ⭐️Personal comments NOVA: The sideway price range 2605 - 2666 will continue, with more accumulation waiting for NF news this week. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2649 - $2651 SL $2654 scalping TP1: $2645 TP2: $2638 TP3: $2630 🔥SELL GOLD zone: $2666 - $2668 SL $2673 TP1: $2658 TP2: $2645 TP3: $2630 🔥BUY GOLD zone: $2617 - $2615 SL $2610 TP1: $2625 TP2: $2632 TP3: $2640 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDShort
by Nova-Scalper
4
XAU/USD 03 December 2024 Intraday AnalysisH4 Analysis: -> Swing: Bearish. -> Internal: Bullish. Bias/analysis remains the same as analysis dated 25 November 2024. Price Action Analysis: As mentioned in yesterday's analysis dated 24 November 2024, whereby price was expected to print a bearish CHoCH. This is how price printed. Currently, price is trading within an established internal range. Intraday Expectation: Price is anticipated to trade down to either discount of internal 50% EQ, which is marked in blue, or H4 demand zone before targeting weak internal high priced at 2,721.420. Note: With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment. H4 Chart: M15 Analysis: -> Swing: Bearish. -> Internal: Bearish. Today's analysis and bias will remain the same as analysis dated 26 November 2024. Price Action Analysis: Intraday expectation and analysis dated 25 November 2024 printed as anticipated, with price successfully printing a bearish iBOS after targeting the weak internal low. A correction from yesterday's intraday expectation: instead of targeting the weak internal high, price was expected to target the weak internal low. Price has since printed a bullish CHoCH, indicating, but not confirming, bullish pullback phase. We are now trading within an established internal range. Intraday Expectation: Price is anticipated to trade up to either the internal 50% EQ or the M15 supply zone before targeting the weak internal low at 2,605.310. Alternative Scenario: The H4 timeframe has printed a bearish CHoCH, indicating the initiation of a bearish pullback phase coupled with the fact that H4 TF is now trading in discount of internal 50%. However, this suggests that bearish momentum on M15 may face limitations as the broader H4 phase unfolds. Note: Given the Federal Reserve's dovish stance and persistent geopolitical tensions, volatility in Gold prices is likely to remain elevated. Traders should remain cautious and prepared for potential price whipsaws in this high-volatility environment. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Continue to be bearish, sell around 2650Gold ended in shock and tested the 2633 line several times. The daily line ended the rise of the previous four trading days, and the small adjustment after the big drop ended. With yesterday's closing down, the short-term decline is still there, and the standard shock pattern of the four-hour line rebounded after reaching the support below. It is still in the rebound. The wide range of shocks will continue today. Sell high and buy low in operation. Gold is not stimulated by news and data now, and the market is not sustainable. Since the decline of gold has not continued, it is shock. After the shock, gold will wait for this week's news data to choose the direction of breakthrough. Now it is shocking, so continue to short at the rebound high. First support: 2633, second support: 2621, third support: 2605 First resistance: 2651, second resistance: 2666, third resistance: 2680
TVC:GOLDShort
by Jun-GoldAnalyst
Scalping! Gold price recovers in the short term to 2648SCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) remain under pressure during the early European session on Monday, trading near $2,630, at the lower end of the day's range. The US Dollar (USD) rebounds sharply from a nearly three-week low, supported by a rise in US Treasury yields, adding downward pressure on the precious metal. Additionally, expectations that President-elect Donald Trump's proposed tariffs and expansionary policies will drive inflation higher, potentially prompting the Federal Reserve (Fed) to halt further rate cuts, further weigh on gold. However, concerns over trade tensions, geopolitical uncertainties, and a cautious market sentiment may help limit losses for the safe-haven XAU/USD as investors await key US economic data releases later this week. ⭐️Personal comments NOVA: Gold price has recovered - continuing sideways, scalping the liquidity zone 2648 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2648 - $2650 SL $2653 TP1: $2644 TP2: $2638 TP3: $2630 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDShort
by Nova-Scalper
2
100% XAUUSD CORRECT WITH MY ANALYSIS After investing countless hours in research, cross-referencing data, and carefully piecing together every detail, I am proud to say my analysis is 100% accurate. Every conclusion aligns perfectly with the evidence, every pattern falls into place seamlessly, and every insight holds firm against scrutiny. The satisfaction of achieving this level of precision is immeasurable, proving that hard work, dedication, and attention to detail truly pay off. There's no better feeling than knowing you've hit the mark with absolute certainty.
OANDA:XAUUSD
by SadarExplore
Gold bearish target 2606, rebound continues to sellGold opened slightly lower in the Asian session, and then accelerated downward. The support position below is near 2620. In the 4-hour period, the stochastic indicator crosses and moves downward. In terms of form, it is under pressure on the upper track of BOLL and moves downward. In the 4-hour period, you can consider continuing to choose a high-altitude approach to deal with it; the pressure position is near 2642! Gold fell directly and broke through. In the end, the gold shorts were better. Gold rebounded in the Asian session and continued to be short. The market is changing rapidly, and you must not think in a one-track mind. Since the short momentum of gold is stronger now, continue to go short! Gold 4-hour last week's triangle convergence pattern, but gold broke directly in the Asian session. Now the gold shorts have broken the balance, so gold continues to be the home of the shorts. Gold continues to be short at highs below 2642 in the Asian session. Gold rebounds near 2640 and can be shorted first. First support: 2620, second support: 2608, third support: 2595 First resistance: 2630, second resistance: 2642, third resistance: 2656 Trading strategy: Sell ​​high and buy low in the 2642~2608 range, trade according to the resistance and support range. Do not trade in the middle position, wait patiently for the key position
TVC:GOLDShort
by Jun-GoldAnalyst
CHOCH IN 5 MIN BUY THE RETRACEMENTGold is exhibiting a notable retracement on the 5-minute chart, creating a potential buying opportunity for traders watching short-term movements. As the price pulls back to test key support levels, market participants are closely monitoring for signs of a bounce that could confirm bullish momentum. This setup highlights the significance of precision in timing entries and managing risk, as gold's next move could define the near-term trading outlook. Will the precious metal regain strength, or is further downside ahead? The next few candles will be critical...
OANDA:XAUUSD
by SadarExplore
Gold fell by $30 in Asian trading. Will the bearish trend contin Gold opened in the morning and fell from the 2656 area under short-term pressure. The intraday low tested the 2622 line, and the Asian session fell by more than 30 US dollars. In the real market, after the opening, the direction was clear, and the 2634 area was given a short order, and the short-term space was 10 points. The long-term trend of gold is still bullish. The medium-term weekly level is expected to fluctuate and adjust. After the sharp drop on Monday last week, the daily level is in a correction and oscillation trend. Due to the divergence phenomenon in each cycle, the key position is selected for intraday short-term operations. Combined with the current short-term trend of gold, the 4-hour and hourly levels are in a downward channel, and the upper suppression area is in the 2630 area. Breakthrough is further bullish. Therefore, gold European session pays attention to the long opportunity after the breakthrough of the 2630 area, defends 2625, and the upper target looks above 2645. In addition, today is the first trading day in December, and this week is also a non-agricultural day. Wait and see for large long opportunities, and try to avoid shorts. With the bottoming structure of gold, the band can see 100-150 points of space. There will be opportunities for layout in the real market.
FOREXCOM:XAUUSDLong
by Yuliya1l11
The focus of the gold market recentlyThe focus of the gold market recently has been developments in the United States after Donald Trump won the 2024 presidential election. In a short period of time, the future cabinet list was announced with all candidates. is considered to have impressive achievements. In addition, Mr. Donald Trump pledged to sharply increase taxes on America's three largest trading partners, including Canada, Mexico and China. Economists say Mr. Trump's overall tariff plans could be the most damaging economic policy, causing inflation and reorganizing global supply chains. According to experts, the short-term gold market is difficult to predict. However, fluctuations in gold prices create buying opportunities for investors. Regarding the medium-term trend, Colin Cieszynski, expert at SIA Wealth Management, believes that the support price of 2,600 USD/ounce of gold will still be maintained and will tend to increase from there. Gold's resistance level is 2,690-2,720 USD/ounce. The gold market is unlikely to have a strong breakthrough in the near future. 🔥 GOLD BUY 2627 - 2625🔥 💵 TP1: 2640 💵 TP2: 2650 💵 TP3: OPEN 🚫 SL: 2618
TVC:GOLDLong
by FalCol_TradingMaster
GOLD SPIKES AMID Gold spikes amid tensions but can't shake off weekly losses☄️ ➡️Gold gains 0.67% in late session, but geopolitical strife keeps it above $2,600 despite monthly losses. Escalation in Russia-Ukraine conflict and Middle East tensions underline Gold's safe-haven appeal. Market optimism grows for a 25 bps Fed rate cut in December, bolstering Bullion’s short-term prospects. ➡️Gold's price advanced late during the North American session on Friday, up by 0.67%, yet it remains set to print monthly losses of over 3%. Geopolitical risks continue to drive price action with the non-yielding metal fluctuating at around $2,600. The XAU/USD trades at $2,652 after hitting a daily low of $2,634. ➡️Geopolitical tensions eased in the Middle East after Israel and Lebanon agreed to a ceasefire. Nevertheless, both countries accused each other of violating the agreement.
OANDA:XAUUSDLong
by SadarExplore
Gold price moves up trendline - short term⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) gain momentum on Friday, reaching a four-day high near $2,662 during the Asian session. Heightened geopolitical tensions and trade war concerns continue to fuel demand for the safe-haven metal. Additionally, expectations of another Federal Reserve (Fed) rate cut in December and a drop in US Treasury yields further support gold's appeal. Meanwhile, the likelihood of additional Fed rate cuts has pressured the US Dollar (USD) to a two-week low, boosting gold demand. However, hopes that President-elect Donald Trump's policies will spur inflation and indications of stalled progress in reducing US inflation could make the Fed cautious about further easing. This may limit USD losses and keep a lid on XAU/USD's gains. ⭐️Personal comments NOVA: H1 frame moves in 2 uptrend lines, gold price moves mainly sideways below the price range of 2700 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2670 - $2672 SL $2675 scalping TP1: $2665 TP2: $2658 TP3: $2650 🔥SELL GOLD zone: $2688 - $2690 SL $2695 TP1: $2680 TP2: $2670 TP3: $2660 🔥BUY GOLD zone: $2640 - $2638 SL $2633 TP1: $2650 TP2: $2660 TP3: $2672 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDShort
by Nova-Scalper
1
XAUUSD PRICE WILL SIDE WAYS IN THE 2657- 2660 will bounce up?XAUUSD Gold is displaying signs of potential recovery, hinting at a possible bounce back to the 2670 level. Recent market dynamics suggest that gold may regain strength as investors seek safe-haven assets amidst global uncertainties. Traders should closely monitor key support zones, technical indicators, and fundamental catalysts, which could pave the way for bullish momentum. A break above critical resistance levels could validate this upward trajectory, making 2670 a realistic target in the coming sessions.
OANDA:XAUUSD
by SadarExplore
GOLD 1HR CHART BACK TESTING OR..Backtesting in the gold market is a critical process that leverages historical price data to assess the viability and performance of trading strategies over a defined time period. By simulating trades and market conditions from the past, traders gain insights into how their strategies would have performed under varying market scenarios, including periods of volatility and stability. This detailed analysis helps identify strengths, weaknesses, and potential risks within a strategy, allowing for adjustments and refinements before applying it in live trading. In the context of the gold market, where price movements can be influenced by global economic factors, geopolitical tensions, and currency fluctuations, robust backtesting serves as an essential tool for developing informed and resilient trading approaches...
OANDA:XAUUSDLong
by SadarExplore
Bearish drop?XAU/USD is rising towards the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could fall from this level to our take profit. Entry: 2,659.61 Why we like it: There is an overlap resistance level that aligns with the 50% Fibonacci retracement. Stop loss: 2,713.45 Why we like it: There is an overlap resistance level. Take profit: 2,611.27 Why we like it: There is an overlap support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:XAUUSDShort
by VantageMarkets
G&S ratio rising could be bearish on metals medium termThe G&S ratio is back above resistance (now support) and wants to break out of the bullish wedge in dark rose color. If that happens, an inverse H&S formation could play out and shoot us up (blue line) to the extension of the rising resistance of the (yellow) bearish rising wedge. This would mean a last hurray spike of the ratio, to touch the apex a last time before falling again. The final fall of the G&S ratio would then signal the risumption of the bull market and the further collapse in the G&S ratio would signifie a raging bull market for precious metale (both silver and gold - but especially silver). The bull market in metals is unavoidable with the current macro sitauation. However its resumption could be delaid if this set up plays out.
TVC:GOLDSILVERLong
by Dangermousebanana
The US has begun to enter a cycle of lowering interest rates.Currently, the world is witnessing the monetary tightening cycle coming to an end. Many countries, including the US, have begun to enter a cycle of lowering interest rates. Minutes of the US Federal Reserve (Fed) published on the night of November 26 (Vietnam time) mentioned that the US needs to gradually lower interest rates. However, it also recorded signs of Fed Chairman Jerome Powell losing control, with board members uncertain about what the long-term interest rate target will be. Market signals show that there is a nearly 60% chance that the Fed will reduce interest rates for the third consecutive time at its meeting in December. In 2025, the Fed will also likely reduce a few more times. The USD will be under downward pressure even though the US economy is expected to improve after Mr. Trump takes office. Gold prices will likely continue to be supported and maintain an uptrend lasting from the end of 2023 until now. Most experts forecast that gold is still in an uptrend. However, this commodity is likely to continue to fluctuate strongly as the world becomes increasingly complex. Mr. Trump's policies and policy statements may continue to impact markets, causing commodity prices to fluctuate sharply.
TVC:GOLDShort
by FalCol_TradingMaster
Gold price analysis November 27Fundamental Analysis Gold prices rose above overnight gains from the $2,600 region, or a one-week low, and gained some follow-through positive momentum for the second consecutive day on Wednesday. Concerns over persistent geopolitical risks stemming from the protracted Russia-Ukraine war and US President-elect Donald Trump’s tariff plans turned out to be the main factors driving safe-haven flows into the precious metal. In addition, a subdued US Dollar (USD) price action lifted Gold prices to a two-day high around $2,645 heading into the European session. However, the prevailing risk-on environment, prospects of slower rate cuts by the Federal Reserve (Fed) and rising US Treasury yields kept the yellow metal in check. Traders now look to key US inflation data for fresh impetus. Technical analysis The immediate resistance that gold is aiming for is 2648-2650, pay special attention to this price zone. If we can break this zone, we will wait for retests and BUY to the main resistance zone today at 2658-2660. In case the European session cannot break 2650, our strategy will be to SELL Gold, expecting it to reach 2634.
OANDA:XAUUSD
by TVS-Trader