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Goldsignal

Gold Analysis==>>PumpingToday, U.S. Retail Sales figures were released. Retail sales increased by 0.7% , surpassing the forecast of 0.6% . However, Core Retail Sales rose by only 0.2% , below the anticipated 0.4% . These figures indicate continued strength in U.S. consumer spending, which can lead to a stronger U.S. dollar ( TVC:DXY ) . A stronger dollar typically exerts downward pressure on gold prices, as gold is priced in dollars, making it more expensive for international investors when the dollar appreciates. However, it's important to note that multiple factors influence gold prices, including upcoming Federal Reserve decisions on interest rates and global economic conditions. ---------------------------------------------- Gold ( OANDA:XAUUSD ) continued to fall as I expected and is currently moving through the Support zone($2,642-$2,620) and the Potential Reversal Zone(PRZ) . According to Elliott's wave theory , Gold seems to be completing wave 5 . Also, we can see the Regular Divergence(RD+) between Consecutive Valleys. I expect Gold to start rising again from the PRZ and Support lines and attack the Resistance lines . ⚠️Note: If Gold breaks the Support zone($2,642-$2,620), we can expect more dumps.⚠️ 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
4
Gold will Go Down to PRZ!!!Gold ( OANDA:XAUUSD ) seems to have managed to break the Support zone($2,670-$2,653) . It is currently completing a pullback to this zone, so the pullback pattern appears to be a rising wedge pattern . According to Elliott's wave theory , Gold seems to have completed wave 4 . I expect Gold to continue falling to the next Support zone($2,642-$2,620) and the Potential Reversal Zone(PRZ) . ⚠️Note: If Gold breaks the Resistance zone($2,665-$2,662) and resistance line, we can expect gold to rise further.⚠️ 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
8
Gold Analysis==>>Rising again==>>Short term!!!Gold ( OANDA:XAUUSD ) started to decline from the Resistance zone($2,740-$2,708) , as I expected in the ✅ previous post ✅. Gold is moving in the Support zone($2,670-$2,653) and near the Potential Reversal Zone(PRZ) . According to Elliott's wave theory , Gold is completing wave 5 . Also, Regular Divergence(RD+) between Consecutive Valleys . I expect Gold to start rising again from the PRZ and attack the Downtrend line ; if it breaks, we can expect further pumps . ⚠️Note: We should expect further decline if Gold breaks the Support zone($2,670-$2,653).⚠️ 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
24
Gold is Ready to Fall again!!!Gold ( OANDA:XAUUSD ) started to pump, as I expected in the previous post . Gold is entering the Resistance zone($2,740-$2,708) and Potential Reversal Zone(PRZ) and approaching the Upper line of the Ascending Channel . According to Elliott's wave theory , Gold is completing microwave 5 of the main wave C . Also, Regular Divergence(RD-) between Consecutive Peaks . I expect Gold to fall to at least the Support zone($2,670-$2,653) after breaking the lower line of the ascending channel. ⚠️Note: If Gold breaks the Resistance zone($2,740-$2,708), we can expect more pumps.⚠️ ⚠️Note: Tomorrow's US indices can impact the Gold trend. (Today's US indices were all as Forecasted).⚠️ 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
10
Gold is Ready to Pump, Ready!?Gold ( OANDA:XAUUSD ) is currently moving in the Resistance zone($2,667-$2,653) and has managed to break the upper line of the Descending Channel . In terms of Elliott wave theory , Gold completed the Double Three Correction waves as I expected , and I am also waiting for the Resistance zone($2,667-$2,653) to break with the break of the upper line of the descending channel . I expect Gold to rise to at least $2,679 after breaking the Resistance zone($2,667-$2,653), and the next target is the width of the descending channel (broken). ⚠️Note: If Gold goes below $2,636, we can expect a further decrease in Gold.⚠️ 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
5
Xauusd weekly chart Gold opened in a calm manner on Monday and spent the rest of the week fluctuating in a narrow channel at around $2,650. Trade Balance data from China and November inflation figures from the United States could help XAU/USD break out of its trading range next week. Gold resistance 2666/2690 On the flip side, the Asian session low, around the $2,614-2,613 region, now seems to act as immediate strong support ahead of the $2,605-2,600 area. This is followed by the 100-day SMA, currently around the $2,583 zone, below which Gold support 2604/2591
OANDA:XAUUSDLong
by JohnHarry66
GOLD (XAUUSD): Deep Consolidation & Your Trading Plan Gold is trading in sideways range for more than 2 trading weeks already. The recent high impact fundamental releases, did not manage to violate its weakness. Next week, pay attention to the reaction of the price to the support and resistance of the underlined range. If the price breaks and closes below 2605, it will open a potential for a further bearish continuation to 2565. Bullish breakout of the resistance of the range and a daily candle close above 2666 will confirm the strength of the buyers. The up movement will be expected at least to 2715. The absence of strong fundamental triggers will continue the consolidation. Alternatively, you can trade the market within the range, buying from its support and selling from its resistance. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDShort
by VasilyTrader
1
Gold Analysis ==>>Expanding Triangle Pattern!!!Gold ( OANDA:XAUUSD )is entering the Resistance zone($2,667-$2,653) . From the point of view of Classical Technical Analysis , Gold seems to be moving in the Expanding Triangle Pattern during the last 3 days . In terms of Elliott wave theory , Gold appears to be completing a Zigzag Correction(ABC) . ( Wave B(WXY) was complicated ). Also, Regular Divergence(RD-) between Consecutive Peaks . I expect Gold to drop to at least $2,642 , and if the Support lines(1,2) break, the Heavy Support zone($2,642-$2,620) can also break. ⚠️Note: You can enter a Short position by considering capital management after finding a trigger near the resistance lines or after breaking the Support zone($2,652-$2,648).⚠️ ⚠️Note: However, the next few hours(6:45 pm UTC) of Fed Chair Powell's Speech will greatly impact the Gold trend.⚠️ ⚠️Note: If the Resistance lines(upper line of triangle) and the Resistance zone($2,667-$2,653) are broken, we should wait for the Gold pump.⚠️ 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
7
Next, how to grasp gold trading and make money!Bros, today I shorted gold near 2650 according to the trading plan. Although gold once rose to around 2655 during the period, as gold fell sharply to around 2635 in the short term, it was obvious that our short position was closed by hitting TP: 2637. In this short transaction, I made a profit of more than $6K, which is a good trading result. From the current gold structure, gold closed above 2630 many times during the decline. It can be clearly seen that a certain amount of buying support has accumulated in the 2635-2630 area; but in the absence of rebound strength, if gold cannot effectively break through the 2655-2665 area, gold is still in a relatively weak position. Therefore, in terms of short-term trading, if gold cannot break through the 2655-2665 area, we can still continue to short gold based on this resistance area; but what we must be careful about when executing transactions is that once gold strongly breaks through the 2655-2665 resistance area, Gold may also continue to rebound to the 2670-2680 area. Bros, do you know how to correctly grasp the rhythm of gold trading? 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