Gold Bullish upto 2750s++This week OANDA:XAUUSD in on the front line together with bitcoin on gains. Gold gaining by over $70 in two day alone this week. This upward push is in line with the long term gold trend
Xauusdlong
Gold: Fibonacci-Based Long Setuprice consolidation around the 0.5 Fibonacci retracement level at 2,632.796 signals a potential continuation of the bullish trend. A breakout above this zone confirms strong buyer momentum, providing an opportunity to capitalize on the uptrend.
Trade Setup:
Entry: 2,632.796
Stop Loss: 2,620.949 (below Fib 0.0 level for protection)
Take Profit:
Target 1: 2,648.473 (Fib 1.5 level)
Target 2: 2,657.553 (Fib 2.0 level)
This setup offers a well-defined risk-reward ratio, leveraging clear technical levels to guide entry, stop loss, and take profit decisions.
XAUUSD: Sell Around ResistanceLast week, I repeatedly emphasized that gold would rebound and recommended focusing on long trades. Those who followed my strategy have likely secured substantial profits this time.
Additionally, I clearly pointed out yesterday that gold would retest the support around 2580, presenting a new buying opportunity, with resistance at 2608–2614. This analysis has been validated by the market movement.
Currently, gold prices have risen to around 2640, entering a new resistance zone. Today’s trading strategy will focus on selling near the resistance area to capture potential pullback opportunities.
Recovery continues! Expected price range 2644⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices surged over 1.80% early this week, recovering from a two-month low of $2,536 to climb above $2,600. Heightened tensions in the Russia-Ukraine conflict, coupled with a weaker US Dollar, supported Gold’s rise on Monday. At present, XAU/USD is trading at $2,610.
Market sentiment on Wall Street is mixed, with two major US equity indices posting gains while the other two remain volatile. Geopolitical developments remain a key driver for Gold, as Russia’s large-scale offensive in Ukraine prompted a response from the White House.
⭐️Personal comments NOVA:
Gold price still shows strong upward momentum, recovery may be higher approaching potential price zones such as 2644 - 2673
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2644 - $2646 SL $2649
TP1: $2638
TP2: $2630
TP3: $2620
🔥SELL GOLD zone: $2673 - $2675 SL $2680
TP1: $2660
TP2: $2645
TP3: $2630
🔥BUY GOLD zone: $2589 - $2587 SL $2582
TP1: $2595
TP2: $2610
TP3: $2620
⭐️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
XAUUSD: BUYToday, gold rebounded after a pullback to around 2554. As mentioned during yesterday's session, I alerted everyone to watch the 2556-2547 range for the pullback, and unless there were any surprises, this would present a new buying opportunity. I believe those who have been paying close attention to the updates should have seized this opportunity. Currently, the market is facing resistance and is in a consolidation phase. There is a possibility of further testing of support in the short term, but in the medium term, the bulls have a stronger potential. Therefore, my trading strategy remains focused on the long side, with the primary target above 2580.
Support 2554-2547, 2537-2526
XAU ! Nov 19 ! Break - prices continue to rise, scalpingXAU / USD trend forecast November 18, 2024 ! SCALPING
Market expectations that US President-elect Donald Trump's expansionary policies could drive inflation higher and reduce the likelihood of further interest rate cuts by the Federal Reserve have kept US Treasury yields elevated. This has limited the upward momentum for Gold prices.
However, persistent geopolitical risks from the prolonged Russia-Ukraine conflict and ongoing tensions in the Middle East continue to provide support for the safe-haven asset, urging caution before initiating new bearish positions.
Small timeframe M15 , see price BREAK past 2625 and continue to rally towards 2640 soon
/// BUY XAU : zone 2625-2622
SL: 2619
TP: 40 - 80 - 150 pips (2637)
Safe and profitable trading
GOLD BUYS!!!Trade Description for Gold (XAU/USD)
Trade Setup Summary
- Instrument: Gold (XAU/USD)
- Timeframe: 4-Hour Chart
- Trade Direction: Bullish (Buy)
Key Levels:
1. **Entry Zone**:
- Planned within the **Golden Zone**, between **61.8%** ($2,946) and **78.6%** ($2,910) Fibonacci retracement levels.
- This zone is identified as a high-probability area for a reversal based on Fibonacci principles.
2. **Stop Loss (SL)**:
- Positioned just below the **78.6% Fibonacci level** at approximately **$2,910** to minimize risk if the price invalidates the setup.
3. **Take Profit (TP)**:
- **TP1**: At the **0% Fibonacci retracement level** (~$3,043), corresponding to the nearest resistance level or the top of the previous range.
- **TP2** (if applicable): Extended profit level, potentially aligned with Fibonacci extensions (e.g., -27.2% or -61.8% for continuation).
Trade Logic:
1. **Fibonacci Confluence**:
- The price has retraced into the golden zone, an area with strong historical significance for reversals.
2. **Trend Bias**:
- The current market structure suggests a potential uptrend resumption after the pullback.
3. **Risk-to-Reward Ratio (R:R)**:
- This setup offers a favorable R:R, targeting a large profit potential relative to the risk defined by the SL.
4. **Moving Averages**:
- The 50 EMA (blue) and 200 EMA (orange) act as dynamic support/resistance. A price above 50 EMA could add confirmation.
Market Considerations:
- **Price Reaction**: Monitor price action closely within the golden zone. A bullish engulfing candle or breakout would provide further entry confirmation.
- **Volume Analysis**: Increased volume on bullish candles will validate momentum strength.
- **News & Fundamentals**: Watch for U.S. Dollar (USD) strength/weakness, Federal Reserve policy updates, or geopolitical risks, as these heavily influence gold prices.
Market Analysis and Trading RecommendationsDear traders, over the past few days, I had the pleasure of meeting several VIP members for one-on-one sessions. During these meetings, I provided detailed guidance on trading strategies and methods, which proved highly effective. If any of you would like a similar experience, feel free to book in advance for personalized assistance.
Weekly Market Overview
Last week, we focused on short positions, successfully capturing the downward market momentum. This week, with a lack of significant market-moving news, the trend has shifted to a technical recovery rally. Hence, our primary trading approach will revolve around strategic long positions.
From the current price action, the 2613-2612 zone stands out as a robust support area with dense trading activity. This provides an ideal entry point for long positions, with significant upside potential as highlighted in the chart.
Trading Strategy for Today
Entry Level: Enter long near 2615;
Add Positions: Consider increasing exposure if the price drops to the 2610 area;
Stop-Loss Guidance: Place stop-loss below the critical support level, adjusted to individual risk tolerance.
This strategy is based on a combination of technical analysis and market sentiment, aiming to capitalize on the corrective upward movement. For detailed trading plans, VIP members are encouraged to reach out for exclusive insights.
Reminder: All trades involve risk. Ensure proper position sizing and adherence to your trading plan.
XAUUSD:Long and short trading strategy of the day
Yesterday's gold rose all the way, the daily line closed the sun line, we can't deny that the market is always right. We are still insisting on bearism it directly V turned over, the main rising market has a number of reasons, one is the escalation of the situation in Russia and Ukraine, another is the strengthening of interest rate reduction expectations. The recent market is the elevator market straight up and down, yesterday's gold 2564 rose to 2614, and then again pulled up to 2623, up 60 points at present, short-term form and indicators have turned more, but the weekly line has not changed the big short, in the operation first follow the short long low, in the big pressure or to short, Now gold is a big rebound after the big fall, the weekly big V shape has not been formed.
The daily sun will support today's long inertia rise, Asia and Europe period to find the opportunity to bear, if directly pulled up to 2642-2648 this weekly pressure can also be short, short - term back step waiting for more opportunities, 4 hours of strong support has been up to 2589 near, hourly support near 2603. This is the long point, now adjust your mind to follow it.
Support 2603 and 2589, pressure 2629, strong pressure 2642-2648, disc strong and weak water line 2603.
XAUUSD long daily The gold market has recently tested a significant trend support line on the daily chart. This support line has proven to be a strong area where buyers step in, and the market has now formed a distinct price action signal at this level.
From my analysis, it looks like the market is respecting this trend line and showing signs of a potential upward move. If this momentum holds, we could see gold rallying toward higher levels in the coming days or weeks.
This is not going to be any significant move until Trump takes office in January.
XAUUSD, 30-MINUTES TIMEFRAME CHARTXAUUSD, 30-minute timeframe chart
XAUUSD break the resistance level of 2,612.00
General outlook
XAUUSD has been under buying pressure within the last day. The pair moved up to the resistance level of 2,612.00.
Possible scenario
The best way to use this opportunity is to place a buy limit order at 2,612.
Set your stop loss at 2,605. below the previous low ($7.00 loss for 0.01 lot) and take profit at 2,635. ($23.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
Monday - gold recovers under selling pressure from the market⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) pares some of its intraday gains but stays below $2,600 as the European session approaches on Monday. Hopes that US President-elect Donald Trump's expansionary policies will drive inflation and reduce the need for further Federal Reserve (Fed) rate cuts keep US Treasury yields high. This, combined with a positive market sentiment, weighs on the non-yielding yellow metal.
However, lingering geopolitical risks provide some support for Gold as a safe-haven asset. Additionally, the US Dollar (USD) remains subdued below its year-to-date high from last Thursday, offering a boost to XAU/USD and breaking its six-day losing streak. Still, the lack of strong follow-through buying suggests caution before expecting a meaningful rebound from last week’s two-month low near $2,537-2,536.
⭐️Personal comments NOVA:
Gold price increased at the beginning of the week, clearing liquidity. After absorbing and accumulating enough, the selling side continued to dominate.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2608 - $2610 SL $2615
TP1: $2600
TP2: $2590
TP3: $2580
🔥BUY GOLD zone: $2565 - $2567 SL $2560
TP1: $2572
TP2: $2580
TP3: $2590
⭐️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
Gold is in the Bearish Direction after Formation ManipulationHello 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
XAU ! Nov 18 ! Short recovery 2614XAU / USD trend forecast November 18, 2024
Traders reduced their expectations for rate cuts in December after Fed Chair Jerome Powell stated that the US central bank was in no hurry to lower rates, citing the "remarkably strong" performance of the economy. Elevated interest rates tend to weigh on Gold prices, as they make non-yielding assets like gold less attractive.
Conversely, escalating geopolitical tensions in the Middle East and the ongoing conflict between Ukraine and Russia could support safe-haven demand, bolstering the yellow metal. According to Reuters, President Joe Biden's administration has authorized Ukraine to use US weaponry for strikes inside Russia, marking a significant shift in Washington's policy regarding the Ukraine-Russia conflict
Short-term recovery - liquidity sweep of resistance zone 2597 - 2614. Downtrend still dominates long-term
/// SELL XAU : zone 2614-2617
SL: 2622
TP: 50 - 100 - 200pips (2597)
Safe and profitable trading
XAUUSD Potential Long OpportunityOn the 30-minute XAU/USD (Gold) chart, I’ve identified a potential long setup based on Fibonacci levels and recent price action.
🔹 Entry: Enter around the current level at $2,556, where we’re seeing signs of support.
🔹 Stop Loss: Place below the recent low near the 1.0 Fibonacci extension level at $2,536. This area has previously acted as support, and a break below could signal a shift in trend.
🔹 Take Profit: Target the 0.25 Fibonacci retracement level at $2,577 or, for a higher target, consider the 0.5 retracement level around $2,597-$2,618. These levels have previously acted as resistance zones, making them logical profit points for a long position.
Ensure this trade aligns with your risk tolerance. With a stop loss set close to support, this setup offers a solid risk-to-reward ratio if the uptrend continues.
Good luck!
XAU ! Nov 18 ! Scalping BUY retest entry BREAK XAU / USD trend forecast November 18, 2024! SCALPING
Gold prices saw their steepest weekly drop since September 2023, falling to a two-month low last week as the US Dollar surged to its highest level in over a year.
Over the weekend, geopolitical events spurred safe-haven demand, helping the precious metal regain strong upward momentum during the Asian session as the new week began.
US President Joe Biden approved Ukraine's use of US-supplied long-range missiles for deeper strikes inside Russia, which, in response, has reportedly deployed North Korean troops to bolster its military efforts.
Trendline M30 - price drops to trend BREAK point, then bounces back
/// BUY XAU : zone 2575-2572
SL: 2569
TP: 40 - 80 - 150 pips (2587)
Safe and profitable trading
GOLD Ready To Go Up Ate Least 500 Pips , Don`t Miss It !We Have a very good bullish price action on 4H Time frame and we have a great breakout , the price back above my support and now i`m waiting for retest to the supp to can enter a buy trade if i have a good bullish price action and i`m targeting 500 pips .
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Trading opportunity for XAUUSD Gold _ Flag PatternBased on technical factors there is a Buy position in :
📊 XAUUSD
🔵 Buy Now or by Analysis
🪫Stop loss 2553.000
🔋Target 1 2615.000
🔋Target 2 2655.000
💸RISK : 1%
We hope it is profitable for you ❤️
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Xauusd weekly chart Gold trades little changed on Friday, holding steady in the $2,560s after making a slight recovery from the two-month lows reached on the previous day. A stronger US Dollar continues to put pressure on Gold since it is mainly priced and traded in the US currency.
Gold sell support 2536
Support 2518
Support 2491
Support 2473
Resistance 2585
Resistance 2601
Xauusd | gold Analysis h1 time frameXau/usd | gold Analysis h1 time frame
- This video is based on educational purposes
- Last week market try to break the resistance level at 2574 - 2576.00 but it clearly failed and drop 100 pips down and right now market is in 2562.00
- We are observing the market and concluded that in the range area we set on chart at this point we will going to open our buy positions with proper risk management because market should be do retracement at that point
all the targets were given in charts and kindly subscribe and share our channel
for more confirmations you guys have to stick with one channel
Is a XAUUSD (GOLD) Monster Trade on the Horizon?👀👉 XAUUSD Gold has recently reached a critical support zone on both the weekly and daily timeframes, showing signs of being heavily oversold. In this video, we explore a potential bullish scenario: if XAUUSD reverses and breaks market structure, it could set up a substantial trading opportunity as price targets previous highs. Risk Disclaimer: Trading involves significant risk, and past performance does not guarantee future results. Always assess your risk tolerance before entering a trade.*📊
#xauusd #elliottwave long buy setup wave 3 4h 15Nov24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
XAUUSD looking for next motive wave higherHi fellow traders, XAUUSD is ready to make a move higher from the blue box after it completed the complex correction and hit the fib level. Target the 2728.49 level. Good luck and trade safe!
