Target Achieved, Future OutlookAfter a prolonged period of consolidation, gold has finally reached above 2650, just as we predicted, bringing in great profits! The price is now in a selling pressure zone, with key data releases approaching. In this case, it's prudent to pause trading and observe the selling pressure around 2660. If the selling pressure is strong, you can follow the trend to short, but be mindful of the strong support zone below. As long as it holds, gold is likely to continue its upward movement. Therefore, do not hold short positions too long. If there's a second surge in volume and a breakout occurs, gold could rise towards the 2680 zone.
Xauusdsell
Trading Strategy Amid Geopolitical and Economic DataMarket Review and Outlook:
During the Asian session on Wednesday, gold attracted some follow-up buying, successfully holding support around the 2630 level and moving up to face significant resistance near the 2650 mark. The ongoing geopolitical risks related to the Russia-Ukraine conflict, coupled with concerns over President-elect Trump's tariff plans, have continued to drive safe-haven flows into precious metals for the second consecutive day.
However, the upward momentum seems to be lacking strength, and with today's key economic data releases—including the initial jobless claims and the U.S. October core PCE price index year-over-year—the market may see more defined direction. Thus, we will adopt a two-way strategy for trading gold today.
Today's Trading Strategy:
Sell Zone: Short positions can be considered between the 2645-2650 range.
Buy Zone: If the price falls back to 2630, look for opportunities to go long.
Market Watch: Given the economic data releases, anticipate increased volatility and stay prepared for quick adjustments.
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Always adhere to proper risk management practices and avoid overleveraging your trades.
Key Resistance at 2630 Ahead of FOMC MinutesMarket Review and Outlook:
As anticipated in my previous post, gold has been trading within a range, primarily between the 2600 and 2630 levels. Although there was a brief breakout above 2630, the price ultimately formed a long upper wick on the daily candle, indicating strong resistance at this level. This reinforces the idea that 2630 remains a crucial resistance zone for the short term.
With the release of the Federal Reserve’s November meeting minutes in about an hour, we can expect the potential for gold to find a new directional bias. From my perspective, the expectations for further rate cuts have diminished significantly, and the overall outlook for the U.S. economy remains relatively stable. With a new president in office, it is unlikely that the U.S. economy will face significant challenges in the near term. Therefore, there is a high probability that the minutes could turn out to be bearish for gold.
Trading Strategy:
Given the current market conditions and the upcoming event, my recommendation is to continue focusing on shorting gold:
Short Position: If gold rises above 2630 again, consider shorting.
Resistance Target: Watch for further downside if 2630 holds as resistance.
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Always ensure strict risk management and avoid excessive leverage when trading.
XAU sideway - in DOWN range below zone 2646SCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Optimism surrounding Scott Bessent's nomination as US Treasury Secretary and progress on the Israel-Hezbollah ceasefire agreement put significant pressure on gold prices at the start of the week.
Expectations that Bessent will adopt a gradual approach to tariffs to address the budget deficit drove a sharp decline in US Treasury bond yields, further weakening the US Dollar.
⭐️Personal comments NOVA:
Gold moves sideways, stuck in the 2600 - 2646 range, still in a downtrend
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2630 - $2632 SL $2635
TP1: $2620
TP2: $2610
TP3: $2600
⭐️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
Gold Rebound as Expected: Target Achieved, Future OutlookGold has rebounded as expected to 2640, and your patience has paid off with excellent profits. Based on the current price movement, if the 2625 support holds strong, approaching 2650 or even breaking above it shouldn't pose much difficulty. Stay attentive and manage your trades accordingly!
Recovery Strategy for Long/Short PositionsAre You Stuck in a Long Position and Thinking of Cutting Losses? Or Has Your Account Been Blown and You Want to Recover?
From my personal perspective:
If you're stuck in a long position and considering cutting losses: I suggest you hold on for a bit longer. Gold is currently in a short-term bottoming process. If you close your position now and prices go up, you will likely regret it. Trading with regret can lead to emotional decisions, and you might make the same mistake again. Patience could bring unexpected gains.
If your account has taken a hit and you're looking to recover: I suggest preparing more funds to continue buying. A rebound is inevitable, and 2640 is almost guaranteed to be reached. My target is around 2650, though it may change depending on market developments. But 2640 is a solid expectation.
If you entered short positions during the recent decline and got caught: You can open a long position to recover while waiting for a rebound. Once the price reaches 2640, you can close the long position and decide whether to add shorts again based on market conditions.
This is my advice, and I hope it helps you make a better decision moving forward.
Gold in a Holding Pattern: Awaiting FOMC Minutes for DirectionMarket Review and Outlook:
Since yesterday’s sharp decline, gold has found strong support around the 2600 level, with resistance capping the price below 2630. As a result, gold is expected to remain within the 2600-2630 range today, with limited movement outside of this zone.
The main reason for this confined price action is the upcoming release of the Federal Reserve’s November meeting minutes tomorrow. The market anticipates that these minutes could provide key insights into the Fed’s future monetary policy, which will likely guide gold’s next directional move. Given this, it’s unlikely that gold will experience significant volatility today ahead of the announcement.
Today's Trading Strategy:
Buy Opportunity: If gold drops near the 2610 level, consider going long.
Sell Opportunity: Look for shorting opportunities if the price approaches 2630.
Target Range: Expect gold to oscillate between 2600 and 2630 today.
Disclaimer:
This analysis is for informational purposes only and should not be construed as financial advice. Please ensure that risk management protocols are followed and avoid overleveraging your positions.
Gold Analysis: Navigating the Wild Swings in XAUUSDNot long ago, I used to discuss potential targets of 1,000 pips for OANDA:XAUUSD in my analyses, explaining why trading XAUUSD requires factoring in potential moves of 300–400 pips as part of a well-thought-out strategy, not 30-50 pips.
Fast forward to today, and the landscape has shifted dramatically. A 500-pip movement in a single day has become standard, while 600–800 pips—or even the occasional 1,000—are no longer rare occurrences.
But let’s set aside the preamble and dive straight into what we might expect from gold in the near future.
In my analysis yesterday, I suggested that a lower high, relative to the previous all-time high, might be forming. This led to the idea that selling into rallies after the normal correction of the Asian session drop could be a viable strategy, with an initial target around the 2650 level.
True to its newfound roller-coaster nature, gold once again surprised us by plunging far deeper than anticipated, hitting a low around the 2605 support zone. As outlined in the previous analysis, the short-term trend has now probably shifted to bearish, and a further decline towards the 2520 support level is not out of the question.
Key Levels and Trading Strategy
- Sell Rallies: Potential selling opportunities could emerge on rallies near 2640, with a stronger resistance level at 2660 providing an additional entry point.
- Interim Support: The 2590 zone could serve as a short-term target, while an extension towards the 2520 level presents an attractive setup for a swing trade.
Given the current market conditions and gold’s remarkable volatility, these levels are merely guidelines. In such an environment, adaptability and careful risk management are critical for navigating the market successfully.
Keep in mind, anything can happen in these market conditions—stay prepared!
Gold profits double in one dayGold's 1-hour moving average has begun to turn downward, and gold may have new room for decline. Gold fell again in the US market, and the gold bears performed. Gold rebounded in the US market and the highest pressure was 2688, and then began to fall back. The US market rebounded below 2688 and continued to go short. Gold rebounded near 2645 and continued to go short. If it is weak, then the rebound near 2645 can continue to go short. The decline of gold has not ended, and new downward space has been opened. The price of gold will continue to run towards lower points.
The short-term focus on the upper side is the 2655-2650 line of resistance, and the short-term focus on the lower side is the 2605-2600 line of support
Gold Under Pressure: Stay Bearish as Trend ContinuesMarket Review and Outlook:
Dear traders, today’s shorting strategy around 2688 has likely provided profits for those who followed the signal—congratulations to those who seized this opportunity! For those who missed it, don’t worry; there are still plenty of chances ahead as the market continues to offer ample trading opportunities.
The sharp decline in gold prices recently has been driven by expectations of a ceasefire agreement in the Middle East, which has significantly reduced safe-haven demand. This, coupled with a drop in geopolitical tensions, has caused gold to remain under pressure. While some traders may consider going long at current levels in anticipation of a rebound, I must emphasize that trading is not gambling. The key to success lies in aligning with the prevailing trend to minimize unnecessary risks.
From both a fundamental and technical perspective, a reversal in gold prices appears unlikely in the short term. Bearish sentiment remains strong, and the trend is firmly in favor of the bears. Therefore, a short-biased trading approach should continue to dominate under the current market conditions.
Today's Trading Strategy:
Gold has formed a significant short-term resistance level around 2640. If the market experiences a slight rebound, this will offer another opportunity to enter short positions. The upside potential is limited, while the downside has substantial room to move.
Recommendation: Look to short again around 2640 during any brief upticks.
Risk-to-Reward: The downside potential remains strong, while the upside is limited.
Advisory Note:
The broader trend is clear, and for those unsure how to navigate the market, feel free to reach out for assistance. Recent VIP strategies have shown solid performance, but as these are based on trend analysis and not precise trading signals, some users may have misunderstood the approach, resulting in losses or trapped positions. If you find yourself in such a situation, please contact me for help.
For those considering joining our VIP service, now is a great time to apply for a free trial to gain a clearer understanding of the value we offer. Feel free to reach out for more information!
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Always use sound risk management practices and avoid overleveraging in your trades.
Let me know if you'd like to further refine or adjust any details!
Gold Market Outlook: ReboundToday, the news about the Israel-Palestine ceasefire triggered a sharp drop in gold prices, highlighting the significant impact that war news can have on gold. Recently, updates on the Russia-Ukraine peace talks are also expected to emerge gradually. Traders should remain cautious and avoid blindly chasing highs, because if there is positive news regarding the peace process, gold will likely experience sharp volatility. Although there will undoubtedly be various conflicts during the peace talks, I believe the ultimate outcome will be a successful agreement—it’s just a matter of which side gains more benefits.
Earlier, I posted a strategy for trading gold during the Russia-Ukraine peace talks. If you're interested, feel free to check it out.
As for current trading, after the large amount of selling pressure has been released, gold is expected to experience a corrective rebound. I’ve already provided specific trade signals—buy in the range of 2636-2621, with a target above 2650.
If you'd like to receive signals in real time, you're welcome to follow me.
Safe-Haven Demand Eases, Bears Take Control in the Gold MarketFundamental Analysis:
Gold prices have reversed last week’s upward momentum as safe-haven sentiment continues to diminish. Positive developments in the Middle East have contributed to this shift, with Israel’s ambassador to the United States confirming that a ceasefire agreement with Lebanon’s Hezbollah could be reached within days. This news has triggered a significant retreat in safe-haven buying.
Meanwhile, the nomination of Scott Bassett as Treasury Secretary by U.S. President-elect Donald Trump has bolstered market stability, further improving risk appetite. Although U.S. Treasury yields have declined—a factor typically supportive of gold prices—the broader improvement in market sentiment has left gold under pressure. With bearish sentiment prevailing from the week’s outset, the gold market is now dominated by a clear downward trend.
Technical Analysis:
Gold prices have experienced a sharp pullback, with immediate support found near 2660. Key resistance is identified at the 2690 level, with the short-term ceiling at 2700. The technical outlook remains bearish, with limited prospects for a near-term reversal.
Trading Strategy for Today:
Recommendation: Enter short positions in the 2688-2691 range, with a stop loss above 2700.
Target Levels: First target at 2675, followed by 2665 for further downside potential.
Advisory Note:
While VIP strategies have performed well recently, some users may experience losses or trapped positions due to a lack of understanding of trend-based analyses. If you are facing such challenges, feel free to reach out for personalized assistance. For those considering joining the VIP program, a complimentary trial session is available to help you better understand the value of our services. Interested parties are encouraged to contact me directly.
Disclaimer:
This analysis is for informational purposes only and does not constitute investment advice. Please manage your risk carefully and avoid overleveraging.
Gold Profits Realized, Next Moves in FocusAfter opening, the gold price peaked around 2721 before beginning to decline, falling short of the 2726 level for adding positions. Ultimately, a profit of 1,000–1,800 points was achieved.
Looking ahead, continue to monitor the 2710–2720 area. If bearish momentum remains strong, this zone can serve as an opportunity to short again. If the price moves higher, our focus will stay on the 2726–2732 range.
Gold Market Analysis and Strategy 11/25Last week, gold prices opened with a steady upward momentum, rising for five consecutive days. Each day closed as a bullish candlestick on the daily chart. On Friday, gold made a significant move, breaking above the MA30 and MA20 resistance levels with a strong bullish candlestick.
From a momentum perspective, prices are expected to continue rising. Key attention should be given to the resistance zone between 2726-2737, where selling pressure is likely to emerge.
Trading Recap:
On Friday, I shared a sell signal at 2710, and later suggested closing the position near 2707 if you didn’t want to hold over the weekend. Some traders might have closed their positions at that time.
For Those Still Holding the Short Position:
Be mentally prepared to hold the position, as gold may climb further to around 2732.
Expect a Pullback:
Don’t panic, as a retracement is inevitable.
Suggested Trading Plan:
Enter a long trade at the opening price.
Close the long position around 2722-2728 to lock in profits.
Open a Short Position After the Rally:
Once prices rise to 2726-2734, begin adding short positions.
Target Levels:
I expect gold to at least retest 2707, with a probable downside target around 2678.
Risk Management:
Use stop-loss orders to manage risk effectively.
Ensure position sizes are within your risk tolerance.
Final Thoughts:
This strategy allows you to take advantage of both upward momentum and the anticipated pullback. Monitor price action closely and make timely adjustments to your positions. If you have any questions or need further guidance, feel free to reach out.
Short-Term Short Opportunity at 2710 Resistance ZoneAfter reaching around 2710, gold tested the support at 2686 as expected and then rebounded above 2700, in line with our forecast. The long positions in the short-term swing trade have been closed, and we are now seeking new opportunities to sell. From a technical perspective, there is still strong selling pressure around 2710, which acts as a key resistance zone.
Technical Analysis: At the 2710 level, gold is facing noticeable selling pressure. Previously, this area acted as a support level, but now it has turned into resistance. If the price encounters resistance here and starts to decline, it could test the support zone below once again.
Considering the current market sentiment and technical pattern, the 2710-2722 range presents an ideal opportunity for short entry. We recommend initiating sell orders within this range with a small position size as an initial attempt.
Trade Strategy:
Sell Entry Range: If the selling pressure at 2710 holds and the price fails to break above this level, the 2715-2722 range becomes a potential short-entry area. The resistance in this region could drive the price lower.
Stop-Loss: To protect against the risk of a breakout above this zone, a stop-loss can be set in the 2725-2730 range. This would limit potential losses in case the market continues to rise above the resistance zone.
Take-Profit: The take-profit target can be set around the support area at 2686, or adjusted based on real-time price action. If the price declines to this support zone and shows signs of a rebound, partial or full profit-taking may be considered.
Risk Management: Given the volatility in the gold market, it’s crucial to control position size in every trade and apply proper risk management strategies to avoid significant losses. Each trade should not risk more than 2-3% of the total account balance.
Shorting gold againWe have won consecutive victories in trading today. As in the previous article, we shorted gold near 2695 and 2710 respectively, hitting our TP: 2690-2685.
Now that gold has risen to around 2710 again, we can try to short gold again, TP: 2700-2695
Brothers, 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!
Bullish Momentum Continues, Strategic Entry OpportunitiesMarket Overview and Weekly Recap
On the final trading day of the week, gold remains in a bullish trend, with minor pullbacks offering opportunities to re-enter the market. This aligns with the bullish strategy I have advocated since Monday. Traders following this approach have likely enjoyed significant gains this week.
Trading Strategy for Today
Key Approach: Buy the Dip
Entry Levels: Accumulate long positions below 2700;
Target: Look for resistance around 2720;
Stop-Loss: Place stops below 2690, adjusted to personal risk tolerance.
VIP Performance and Support
Most VIP members have achieved notable profits this week by adhering to the strategy, though some may have faced losses or trapped positions due to deviations from the plan. If you need assistance resolving such issues, feel free to reach out.
To help more traders experience the benefits of precise trading strategies, I am offering a free VIP trial session. Contact me to take advantage of this opportunity!
Reminder
As the week concludes, volatility may increase. Manage your positions wisely, avoid chasing highs, and focus on disciplined, value-driven trading. Seize every opportunity with a steady and strategic approach!
Bravely hold a short position,TP:2690-2685Bros, today is another fruitful day. Today, we shorted gold with 2695 as resistance as scheduled. After gold broke through the first resistance area of 2595, we shorted gold with 2711 as resistance at around 2710 in equal proportion as scheduled. Gold is now back below 2700 and our short position is starting to make profits again!
Bros, there is no need to rush to close short positions, gold may continue to fall to 2690-2685, and once gold falls below this area, gold may even continue to fall to around 2675. Boldly hold short positions and look forward to better profits!
Bros, 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!
XAUUSD Detailed Analysis on D1 Time Frame | 22/November/2024XAUUSD Detailed Analysis on D1 Time Frame | 22/November/2024
t.me
For more intra and swing trades you guys can join our Telegram Channel
-This video is based on Educational Purposes
- market touched the region that what we are selected and we are confident on that point
- Current point 2707 and more to more market have to be create a lowest lowest which would be the 2460 area so this trade is based on those who have patience level 100%
- Market will Expected a big dead fall down
- our target would be to catched more then 1000 Pips from that trade
-Lets enjoy the postions with us !!
Gold and War: The Hidden Signal Behind the RallyIt is well-known that wars have a significant impact on gold prices, and the key factor often lies in the stance of the U S. Before the election, geopolitical tensions and inflation created favorable conditions for gold’s rise.
However, with Trump winning the presidency, gold prices experienced a sharp decline. The primary reason was his campaign statements about actively mediating the Russia-Ukraine war if elected. As a result, the market anticipated an end to the war, triggering a rapid sell-off in gold. Although gold prices have recently started to recover, this seems more like a technical correction to the previous drop.
Yesterday, an intercontinental missile was deployed in the war for the first time. On the surface, this appears to signal an escalation in the conflict, but I believe it may actually hint at the war nearing its end. This “last frenzy” could be both sides vying for the strongest position at the negotiating table.
In this context, how long can the current gold rally last? How high might it go? These are difficult questions to answer. However, one thing is clear: when peace talks are finalized, gold could retreat to the 2480-2350 range.
XAUUSD downGold extends its bullish momentum further above $2,660 on Thursday. XAU/USD rises for the fourth straight day, sponsored by geopolitical risks stemming from the worsening Russia-Ukraine war. Markets await comments from Fed policymakers.The short-term technical outlook for Gold price appears to lean in favor of buyers as the 14-day Relative Strength Index (RSI) prods the 50 level to the upside. The indicator is currently just above 50.
However, an impending Bear Cross could be a headwind for Gold price. The 21-day Simple Moving Average (SMA) is closing in to cut the 50-day SMA from above. If that happens on a daily closing basis, it will validate the bearish crossover.
Gold buyers need a daily candlestick closing above the 50-day SMA at $2,660 to unleash additional recovery toward the 21-day SMA at $2,680.
The $2,700 threshold will be the next significant target for buyers.
Conversely, failure to find acceptance above the 50-day SMA at $2,660 on a daily closing basis could reinforce sellers toward the $2,600 threshold.
Tuesday’s low of $2,610 will be tested ahead of that.
Gold Market Update and Trading InsightsMarket Performance and Fundamental Analysis
Gold prices climbed further today, affirming our bullish stance since the beginning of this week. Traders who have followed this strategy are already seeing solid returns.
1. Geopolitical Risks Driving Safe-Haven Demand
The escalating Russia-Ukraine conflict has heightened global market concerns, boosting the appeal of gold as a safe-haven asset. Additionally, uncertainties surrounding global economic growth continue to underpin gold demand.
2. US Economic Data and Federal Reserve Outlook
Key U.S. data to watch today includes initial jobless claims, the Philadelphia Fed Manufacturing Index, and existing home sales. However, these releases are expected to have minimal impact on gold’s upward trend, with geopolitical risks being the dominant driver.
Trading Strategy
Focus on long positions. Consider accumulating long positions below 2670, targeting the resistance level at 2683. A breakout above this level could pave the way for further gains.
Key Levels to Monitor
Support: 2660-2665;
Resistance: 2683 and 2690;
adjusted for individual risk tolerance.
Risk Advisory and VIP Support
While VIP users have reported strong profits, some traders may have experienced losses or trapped positions due to deviation from recommended strategies. If you need assistance, feel free to reach out for tailored solutions.
To help new traders experience our methodology, I am offering a free VIP trial session. Contact me to learn more and gain exclusive insights.
Reminder: Gold markets are highly volatile. Manage your positions wisely, adhere to your trading plan, and trade with discipline to ensure sustainable profitability.