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Goldsignals

Gold M15-Scenario Gold has shown positive movement and is currently maintaining its bullish trajectory, bolstered by overall market conditions such as lower bond yields and a weaker U.S. dollar. Stochastic indicators show continued upward potential. Analysts have identified strong resistance around the $2,678 - $2,730 range. Gold is likely to test these levels again, with a potential breakout if the bullish momentum sustains. Some experts expect a potential pullback due to overbought conditions, while others believe that geopolitical tensions and macroeconomic factors may push the price higher. Analysts have indicated ranges from $2,600 to $2,800 per ounce, with some even suggesting it could climb higher due to safe-haven demand. In the short term, it seems gold may experience a slight decline or stabilization after its recent highs, but the broader trend remains bullish amid ongoing uncertainties.
CITYINDEX:XAUUSDLong
by BELLATRIXFX
Gold Analysis==>>Correction Time!!!Gold( OANDA:XAUUSD ) entered the Potential Reversal Zone(PRZ) , as I expected in the previous post . ( The Long position is closed. ) Gold is moving near the Upper lines of Ascending Channels . According to Elliott's wave theory , Gold is completing microwave 5 of microwave 5 of main wave 5 . So we have to wait for the CORRECTION . Also, Regular Divergence(RD-) between Consecutive Peaks . I expect Gold to decline to at least the lower line of the ascending channel(Big) and the Support zone($2,686-$2,666) after breaking the lower line of the ascending channel(Small) . ⚠️Note: If Gold can form a 4-hour candle above $2,800, we should expect gold to increase and pump again.⚠️ 🔔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
7
Gold Roadmap==>>When will Gold Correction Start Begin!?Today, I want to show you the Gold ( OANDA:XAUUSD ) roadmap before the US presidential election . Gold has started an upward rally for over 2 months and is moving in an Ascending Channel . Educational tip : Try to draw the channels you draw in the chart with a tolerance. The question that arises for us is how long this bullish Gold rally can continue and when the correction of Gold will begin. In addition to the fundamental discussion , we can use technical analysis tools to answer the above questions . One of the best methods is the Elliott Wave Theory . According to the theory of Elliott waves , Gold seems to be completing microwave 5 of the main wave 5 in the Ascending Channel(small) . I expect the main wave of 5 Gold to finish in the Potential Reversal Zone(PRZ) and Time Reversal Zone(TRZ) , and then we have to wait for the starting correction . ---------------------------------------------------------------------- Let's see what the history of gold has been like in the last month before the US presidential election . Throughout history, gold prices have often fluctuated in the months leading up to U.S. presidential elections. These changes have been influenced by various factors specific to each period. Here's a brief summary of gold's performance before some key U.S. elections : 1- 2016 Election (Donald Trump vs. Hillary Clinton) : Prior to the 2016 election, gold experienced significant volatility. Uncertainty about the outcome, especially with Trump's unpredictable economic policies, increased demand for gold as a safe haven. Gold prices rose in the months leading up to the election, reaching new highs after Trump's victory. 2- 2012 Election (Barack Obama vs. Mitt Romney) : Leading up to the 2012 election, gold showed less volatility compared to other years. The Federal Reserve’s expansionary monetary policies and low interest rates kept gold attractive as a safe investment. Gold prices remained relatively stable before the election but surged after due to concerns over the "fiscal cliff." 3- 2008 Election (Barack Obama vs. John McCain) : The 2008 global financial crisis had a massive impact on gold prices. In the months leading up to the election, gold saw increased demand as a safe haven. Economic uncertainty and large bailout packages led to a significant rise in gold prices during this period. 4- 2000 Election (George W. Bush vs. Al Gore) : The 2000 election was marked by the "hanging chad" controversy, causing significant political uncertainty. This drove demand for gold. In the months before the election, gold prices rose, and after the election, due to ongoing political unrest and doubt over the result, gold saw further increases. 5- 1980 Election (Ronald Reagan vs. Jimmy Carter) : During this period, severe inflation and political uncertainty, both domestic and international, increased the demand for gold. In the months leading up to the 1980 election, gold prices were on an upward trend and reached new highs. Conclusion : History shows that gold often rises in the lead-up to U.S. elections due to political and economic uncertainty. Elections coinciding with financial crises or heightened uncertainty (such as in 2008 and 2016) have had a greater impact on gold price surges. ---------------------------------------------------------------------- Now, let's see how gold has performed in November . Here’s a summary of the percentage changes in gold prices during November over the last 10 years : 1- November 2023 : Data not yet available, but gold has been volatile due to economic and inflation concerns. 2- November 2022 : Approximately +8% increase due to lowered interest rate expectations and recession concerns. 3- November 2021 : Approximately -1% decrease due to rising interest rates and stronger financial markets. 4- November 2020 : Approximately -5% decrease post-U.S. election, but demand remained high due to COVID-19 and stimulus packages. 5- November 2019 : Approximately +3% increase due to the U.S.-China trade war. 6- November 2018 : Approximately +1% increase after a few months of decline. 7- November 2017 : Approximately -2% decrease due to stock market growth and higher interest rates. 8- November 2016 : Approximately -7% decrease following Trump’s victory and market optimism. 9- November 2015 : Approximately -6% decrease due to anticipation of the Federal Reserve raising interest rates. 10- November 2014 : Approximately -5% decrease due to a stronger U.S. dollar and improving U.S. economy. 11- November 2013 : Approximately -4% decrease due to global economic recovery and the Fed's exit from its quantitative easing policies. Gold in November tends to be influenced by changes in monetary policy and economic conditions. Years with inflation or uncertainty saw increases, while years with economic recovery and rising interest rates experienced declines. But in general, there has been a downward trend, especially in the years when the US presidential elections were held. 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 4-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
3
GOLD BUYING MORE AFTER BREAKOUT hello traders as i can see Gold is shining more day-by-day investors are not missing any dip Geopolitical issues are showing us more demand of safe haven in market and technically charts always talk if anyone can read correctly, we can see a fib retracement on GOLD to 0.382 and holding a uptrend line zone now if it breaks last ATH then we can see these new levels on gold before the elections US Economy is shrinking day by day weaker labor markets and more war geopolitical pressure which boost the demand of safe haven GOLD our risk rewards is grt on this trade make a proper analysis before taking any trade it a trade idea by trend and technical view Stay tuned for more updates
OANDA:XAUUSDLong
by APEX_TRADING_ACADMEY
1
GOLD BUY | Idea Trading AnalysisGOLD is moving in an ascending channel. The chart broke through the dynamic resistance, which now acts as support. We expect a decline in the channel after testing the current level. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GOLD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
TVC:GOLDLong
by TheGrove
1
XAUUSD Potential breakout to a new ATHXAUUSD has broken and closed above the downward channel, signaling a strong bullish trend. As the price approaches the all-time high (ATH) level, there is potential for a pullback as traders may take profits or reassess positions. However, with the current bullish momentum, the market is likely to continue moving higher, even if a slight pullback occurs. If the price does pull back, looking for rejection signs near key support levels could confirm further upside. The target is the resistance zone at 2698
FOREXCOM:XAUUSDLong
by RTED_Investing
Gold (XAU/USD) Upward Channel with Potential Correctionhello guys! let's analyze GOLD! Rising Channel: Gold is trading within a well-defined ascending channel, showing a continuous bullish trend over the medium term. Resistance Zone: The price is nearing a significant resistance zone around $2,747, which could act as a cap on further bullish momentum. Possible Double-Top Formation: The chart suggests the possibility of a double-top forming near the upper boundary of the channel, which may signal a short-term reversal. Correction Expected: After testing the resistance, a pullback to the channel's lower trendline is expected. Previous support levels mark the initial downside targets, which are around $2,724 and $2,708. Fibonacci Retracement: A deeper retracement could target the 0.618 Fibonacci level at approximately $2,691, where strong buying interest may re-emerge.
OANDA:XAUUSD
by melikatrader94
7
XAU/USD : $2700 Reached, What's Next ? (READ THE CAPTION)Upon reviewing the gold chart on the 4-hour timeframe, we can see that gold has finally managed to break above the $2700 level, just as we anticipated in our previous analysis. Currently, it is consolidating above this level. Note that the $2714 level is a key supply zone (based on important Fibonacci ratios) for gold, which is why the price reacted to it. However, at the moment, gold is trading around $2711, and I still expect further growth from gold unless I see otherwise on the chart, in which case I’ll update you. The next short-term targets for gold are $2727 and $2743.7. Keep an eye on how the price reacts to these levels. Also, the most important support zone for gold is between $2673 and $2688.7. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
OANDA:XAUUSDLong
by ArmanShabanTrading
21
XAUUSD quick pull-back is in order.Gold (XAUUSD) couldn't have gone better on our last call (October 14, see chart below) as after the expected minor pull-back to the 4H MA50 (blue trend-line), it rebounded and is on its way to our 2750 Target: As however the 4H and 1D RSI got overbought, we expect a short-term pull-back. Especially the 4H RSI, as you see on this chart, is forming a pattern similar to the September 13 short-term peak sequence that was rejected back below the 0.236 Fibonacci retracement level but was contained/ supported above the 4H MA50. As a result, we can take a quick sell and target 2705 (0.236 Fib). Notice though that the trend will remain bullish medium-term as long as the 4H MA50 holds, in case you don't want to engage into riskier short-term trades such as this one. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSDShort
by TradingShot
1
XAUUSD Top-down analysis XAUUSD is in all time high. Monthly : Historically GOLD is bullish we see market just has broken out of the previous monthly high and currently approaching a new level. As the momentum is high, this week we may see further upside. Weekly: After back to back 2 weeks of bullish momentum, this week we have seen that market again started to bounce back up with strong bullish engulfer. As Weekly price is in expansion face we may see this week as well a bullish momentum. 15min : This is the timeframe I will be intending to enter the trade. We can identify the support trend line will be waiting for a potential break of structure to the support for entry as explained in the video.
OANDA:XAUUSDLong
by ForexWizard01
XAUUSD, Healthy Pullback, expect further declineSell XAUUSD at 2720 target 2685. We're observing a healthy pullback in XAUUSD after a strong rally. This presents a good opportunity to sell. Here are the reasons why we expect XAUUSD to continue pulling back next week: * Overbought Conditions: The RSI and other overbought indicators suggest that XAUUSD is currently overbought. This often leads to a correction or pullback. * Profit-Taking: Many traders who bought XAUUSD during the recent rally may be taking profits now, contributing to the downward pressure. * Technical Resistance: XAUUSD has reached a significant technical resistance level near 2720. This level may act as a barrier to further upside movement. #XAUUSD #Gold #Pullback #TechnicalAnalysis #Trading
FX:XAUUSDShort
by Yforex123
1
Gold Analysis==>>Correction!!!Gold moved as I expected✅ in the previous post . In this post, I also use the Bollinger Bands Indicator , it seems that Gold reacts well to the lines of this indicator. So as long as Gold reacts to these lines, you can use this indicator . Gold is currently moving in the Resistance zone($2,686-$2,670) and managed to break the Uptrend line . According to the theory of Elliott waves, gold seems to have completed wave 5 . The Gold chart shows three Regular Divergences(-RDs) . One of the most reliable is the Regular Divergence(RD-) in Bollinger Bands Indicator ( Divergence sell signals mostly form at the end of an upward trend, where the price chart forms a peak above the Bollinger upper band and another peak after, below the upper band. ) I expect Gold to drop to at least $2,652 after breaking the Support line . 🔔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
11
XAU/USD : IMPORTANT Pre Market Analysis (READ THE CAPTION)Currently, the price of gold is hovering around **$2656.99**. Recently, gold has seen a slight increase, driven by several factors such as inflation concerns, recent CPI and PPI reports, and geopolitical tensions. Key Influencing Factors: 1. Persistent Inflation: Recent CPI and PPI reports show that inflation remains slightly above expectations, keeping gold in demand as a safe-haven asset. 2. Interest Rates: Expectations around interest rate cuts have stabilized, which increases gold's appeal as a non-yielding asset. 3. Geopolitical Tensions: Ongoing global political instability, particularly in regions like the Middle East, is adding upward pressure to gold prices. Technical Analysis: • Resistance Level: If gold prices break above $2685, there could be further bullish momentum. • Support Level: On the downside, key support zones include $2636-$2642, $2628-$2630, and $2620, which should be closely monitored if the price declines, as strong demand in these areas could lead to a reversal. Outlook: Given the economic and geopolitical landscape, gold remains in a bullish trend. Traders should keep an eye on economic reports and geopolitical developments as any increase in uncertainty could further boost gold's price. This sets the stage for today’s market session, with potential for continued upward movement. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
FOREXCOM:XAUUSDLong
by ArmanShabanTrading
67
GOLD BUY FORM HERE FOR NEW ATH !!Hello how are you doing friends and traders I am watching GOLD CAREFULLY after Jackson Holes Fed announced a rate cut in Sep 2024 technically gold is showing us more bullish weeks ahead after Fed cut 50BP or 25BP sign for more rates cut in coming months... If we see a Fib retrace after ATH till Golden Fib Ratio 0.5 then it's time to retrace if we see good NFP incoming week with good data output it can hit given sell targets and in mid Sep when Fed Cut rates we expect a bull move in commodities as we saw in previous rate cuts and incoming US Election an opportunity for this year it is just analysis on base of fundamental and technical view do a proper search before entering any trade...
OANDA:XAUUSDLong
by APEX_TRADING_ACADMEY
6
Gold Analysis==>>Bollinger Bands!!!Gold ( OANDA:XAUUSD ) moved, as I expected in my previous post . Gold is moving near the Resistance zone($2,686-$2,670) and within the Bollinger Bands Indicator ( we can consider the upper and lower lines as Support and Resistance ). What is Bollinger Bands Indicator!? Bollinger Bands is a technical indicator used to measure market volatility. It consists of three lines: Middle Band: A simple moving average . Upper Band: Two standard deviations above the moving average. Lower Band: Two standard deviations below the moving average. When prices hit the upper band, the asset might be overbought; hitting the lower band suggests it could be oversold. Tight bands indicate low volatility, while wide bands show high volatility. It helps identify potential entry and exit points in the market. According to the Elliott wave theory , Gold seems to have completed 5 impulsive waves . We should expect the Corrective waves to finish and Gold to start increasing again. I expect Gold to start rising again after hitting the lower line of the Bollinger Bands or 50% Fibonacci line and attacking the Resistance lines . 🔔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
1
XAUUSD Potential Up Trend ContinuationWith no high-impact news today, the market is likely to stay in sideways movement until tomorrow. However, sudden developments from the Middle East could introduce volatility, especially for gold. Currently, the market appears choppy, forming a triangle pattern. If the price moves below Friday's low, the triangle may evolve into a bullish flag pattern. Despite the sideways action, the market continues to show bullish signals from both technical and fundamental perspectives. The mid-term target is the resistance zone around 2685
OANDA:XAUUSDLong
by RTED_Investing
XAUUSD Bullish Leg just started. Low risk buy.Gold (XAUUSD) gave us the short-term signal we wanted last week (October 07, see chart below) and after hitting our 2625 Target, it rebounded: This rebound is technically the start of the new Bullish Leg of the 2-month Channel Up. If it repeats the previous Leg, then one last test of the 4H MA50 (blue trend-line) is possible before further upside, which is also illustrated by the 4H RSI fractals between the Accumulation sequences that preceded the rallies. Based on the last two Bullish Legs, we should reach at least the 2.0 Fibonacci extension level before the next 4H MA50 correction. As a result our new medium-term Target is 2750. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSDLong
by TradingShot