Try to short gold with 2660-2670 area as resistanceGuys, I'm a professional trader! So I don't like to exaggerate my trading ideas too much. I like to record my trading strategies in a simple way and keep steady profits!
Today, when gold tried to fall below 2420, I believe many people are expecting gold to continue to fall and fill the gap below, at least many people expect gold to fall to the 2610-2600 area. When gold failed to effectively fall below 2620 three times, I chose to buy gold and ended our transaction by hitting TP: 2645, which was a very good profit!
At present, gold has touched around 2650. Obviously, I will not continue to buy gold here. Instead, I will look for opportunities to short gold! So where will gold rise? I think there will not be much room for growth in the short term, and it will face resistance in the 2660-2670 area in the short term. So I will try to short gold with resistance in this area.
So trading strategy: short gold at 2655-2665, TP: 2645-2635
Xauusdshort
Gold Market Update and Strategy InsightsToday, gold prices rebounded sharply from the lows, driven by heightened safe-haven demand following news of North Korea’s potential involvement in the Ukraine conflict. Prices surged from 2622 to 2650, aligning with my recent emphasis on prioritizing long positions in gold. Those who followed this approach should have seen significant gains in their accounts!
Market Outlook and Strategy Suggestions
A technical pullback is likely in the near term, with 2640 identified as a key support level. If the price dips to this level, it is expected to trigger the next upward trend.
Trading Plan for Today:
Enter light short positions near 2650, targeting 2640;
Increase long positions around 2640, aiming to ride the next bullish wave;
Risk Management: Place stop-loss for shorts above 2660 and for longs below 2635.
Risk Advisory and VIP Support
While VIP users have reported strong profits this week, some traders may have experienced losses or trapped positions due to deviation from recommended strategies. If this applies to you, I am here to assist with tailored solutions.
For those considering joining VIP but hesitant, I am offering a free trial session to showcase my strategic approach. Reach out if interested!
Reminder: The gold market remains highly volatile. Always manage your positions wisely, avoid over-leveraging, and trade with discipline to secure sustainable profits.
100% accurate gold trading strategyGold daily level: Yesterday, it continued to squeeze out and pull up, closing with a small positive, standing above the 10-day moving average. After a sharp drop of 250 US dollars in the previous few weeks, there was an oversold rebound correction, and this correction was rapid, in one go, without a decent retracement in the middle. So in the process of the original short-term weak decline, there was suddenly such a wave of pull-ups. It seems strong, but it is actually internally empty and it is difficult to gain a foothold. Once it is suppressed, the speed will be relatively fast; 2643 line belongs to the 6 rebound of 2710-2536 18 division resistance, today's highest 2642 has been basically tested, and the European session ushered in a wave of decline. Once it closes below the 10-day moving average, there will be suppression signals, and if it falls below the 5-day moving average, it can be basically judged that the rebound is over and returns to suppression and adjustment; the current 10-day moving average support is 2617, and the 5-day moving average support is 2597. Pay attention to gains and losses; Gold 4-hour level: the 66-day moving average began to be under pressure, and the 10-day moving average also broke down. Pay attention to the middle track 2602 line if it declines tonight. Once it can't be maintained, this cycle will return to the weak suppression structure.
Helpful gold analysis for youGold fundamentals, November 20
🔹On Wednesday (November 20) in early European trading, gold prices hit 2618 and then stabilized and rebounded. The recent decline in gold prices after a sharp rise is mainly due to some investors choosing to take profits. However, the geopolitical situation surrounding Russia and Ukraine remains a focus of attention, which provides support for gold as a traditional safe-haven asset.
🔹At the same time, rising U.S. Treasury yields and a stronger dollar have suppressed gold prices. The market is currently paying close attention to the speeches of Fed officials for clues on the future direction of monetary policy, which may have an important impact on the trend of gold in the coming days. However, if the geopolitical situation becomes tense again, especially if the conflict between Russia and Ukraine escalates further, it may drive gold prices to rise sharply again.
🔹The recent strength of the U.S. dollar is mainly due to the market's optimistic expectations for President-elect Trump's economic policies, including potential tax cuts and tariffs, which the market expects may push up inflation. At the same time, U.S. Treasury yields continued to rise, with the 10-year Treasury yield reaching 4.8%, reflecting the market's increased expectations for strong economic growth.
🔹The Chicago Mercantile Exchange Group (CME) "FedWatch" tool shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in the December meeting has dropped to below 60%, indicating that market expectations for further monetary easing are weakening. The strong performance of the US dollar and bond yields still puts gold under certain pressure in the short term.
🔹Currently, gold prices are affected by multiple factors: on the one hand, geopolitical risks provide support for gold; on the other hand, the strengthening of the US dollar and the rise in US bond yields put pressure on gold prices. The future trend will depend on the remarks of Federal Reserve officials and the development of the situation in Russia and Ukraine. Investors need to pay close attention to relevant developments.
XAUUSD Buy 2630 to 2660 confirm Gold price builds on Monday's gains and rises toward $2,630 as risk-aversion grips markets amid intensifying geopolitical tensions between Russia and Ukraine. Meanwhile, the 10-year US Treasury bond yield is down more than 1% on the day, further supporting XAU/USD.
GOLD Buy NOW 2630
TP 2635
TP 2640
TP 2645
TP 2650
TP. 2660
SL 2610
100% CONFIRM SIGNAL
Use Proper Money
Management. Consistency is
Tuesday Short Signal Alert!Gold First you take Buy till 2635 to 2639.
At2639-2642 there is Strong Zone for Sell So wait for Retest this level for sell Side. And Gold is Bearish trend So we have More chance for take this golden opportunity.after trump election USD stronger and Gold weak So over All gold chart is Falling.
Target is Mark For sell side 2633 and 2624.
XAUUSD, 15-MINUTE TIMEFRAME CHARTXAUUSD, 15-minute timeframe chart
General outlook
XAUUSD has been under buying pressure within the last couple of hour. The pair moved to the level of 2,638.00.
Possible scenario
The best way to use this opportunity is to place a sell order at 2,638.
Set your stop loss at 2,643. below the previous low ($5.00 loss for 0.01 lot) and take profit at 2,623. ($15.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
Gold Analysis November 19Fundamental Analysis
Gold prices attracted some safe-haven flows after posting its biggest weekly decline in more than three years last week and snapped a six-day losing streak on Monday amid rising geopolitical tensions. In addition, falling US Treasury yields prompted some profit-taking in the US Dollar (USD) following its post-US election rally to fresh yearly highs and turned out to be another factor in favour of the non-yielding yellow metal.
USD bulls remained on the defensive in Asian trade on Tuesday, supporting Gold’s further recovery from a two-month low touched last Thursday. Meanwhile, expectations that US President-elect Donald Trump’s policies will reignite inflationary pressures and limit the scope for further rate cuts by the Federal Reserve (Fed). This will keep US bond yields high and benefit USD speculators, which could limit XAU/USD
Technical Analysis
The technical resistance level of 2624 that Gold is facing will be very important in today's European trading session, the uptrend is relatively strong and there has not been much recovery in price. The 2595 zone is considered the target of all the downtrends today. The 2648-2650 zone is the main resistance zone today. In a strong uptrend, you should prioritize BUY signals at 2615 at old breakout points to have the best strategy for yourself.
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.
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
No NEWS, Opportunity for gold to continue to recoverSCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) remain steady during the early European session, hovering near $2,620, slightly below Tuesday’s one-week high. Persistent geopolitical tensions, including the prolonged Russia-Ukraine conflict and unrest in the Middle East, continue to fuel safe-haven demand for the precious metal for a second consecutive day. However, expectations of a less aggressive rate-cutting approach by the Federal Reserve (Fed) limit further gains for the non-yielding Gold.
⭐️Personal comments NOVA:
Small frame, gold buying pressure is still large, positive recovery, price will still move within the range of 2600 - 2644
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2603 - $2601 SL $2598
TP1: $2610
TP2: $2618
TP3: $2625
⭐️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 Analysis==>>Bearish Bat Pattern!!!Gold ( OANDA:XAUUSD ) is moving in the Resistance zone($2,606-$2,584) and near the Resistance line and the Upper line of the Ascending Channel .
It also seems that Gold can potentially form the 🦇Bearish Bat Harmonic Pattern🦇 .
According to Elliott's wave theory, Gold seems to be completing the main wave 4 . The main wave 4 structure is a Zigzag correction(ABC) .
I expect Gold to continue falling after breaking the Lower line of the Ascending Channel to the lower targets .👇
🎯 Targets of falling Gold :
🎯 First Target : $2,571
🎯 Second Target : $2,560
🎯 Third Target : Around $2,536
⚠️Note: If Gold goes above $2,620, we can expect Gold to rise further.⚠️
🔔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.
Gold’s Got Drama: Is the Shine Fading? Let’s Dive In!🚨 Gold’s Got Drama: Is the Shine Fading? Let’s Dive In! 💰
1️⃣ Medium-Term Trendline: The OG Support!
This trendline has been holding like your favorite pair of jeans—reliable and never letting you down. But here’s the tea ☕: the price has slipped below it and is now knocking on its door like, “Hey, can I come back in?”
🔑 Key Point: If the door slams shut (aka, the trendline holds as resistance), we’re looking at some spicy bearish action. Keep your eyes on this!
2️⃣ Price Making Higher Highs, But…
🎵 "The higher you climb, the harder you fall…" Gold’s been flexing with those higher highs, but the RSI isn’t buying it. It’s like Gold is posting gym selfies 📸 while secretly skipping leg day. The disconnect is real.
❗ Warning: When price says "up" but RSI says "nah," the universe is screaming reversal incoming.
3️⃣ RSI Bearish Divergence: Red Flag Alert 🚩
RSI is the wingman who sees the danger before you do. It’s whispering, “Bro, this trend is running on fumes.” Lower highs on the RSI + higher highs on price = the perfect cocktail for a pullback. 🍹
📉 Translation: Momentum is fizzling, and buyers are running out of juice. The bears might just be warming up. 🐻
4️⃣ Price Retesting the Trendline: Playing Hard to Get 😏
After breaking up with the trendline, the price is back, asking for a second chance. Will the trendline say, “No thanks, I’ve moved on” and reject it as resistance? 👋
💡 Pro Tip: If the price gets rejected here, it’s basically like Gold saying, “I’m tired of this relationship. I’m heading lower.”
5️⃣ Sell Big if It Breaches Again: The Money Shot 💥
If the price slips below the trendline again, it’s game on for the bears. That’s your signal to bring out the big guns—just don’t forget your stop-loss armor. ⚔️
🚨 Action Plan:
Sell below the trendline breakdown.
Targets? Look for levels like $2,400 or lower.
Keep stops tight above the retested trendline. Remember: trading isn’t a free-for-all. 🎯
TL;DR: Gold’s at a Crossroads ⚖️
This chart is giving all the signals of a potential reversal. 1️⃣ RSI divergence says momentum is tired. 😴
2️⃣ Price retesting the trendline screams, “Decision time!” 🕒
3️⃣ A breakdown could mean a juicy shorting opportunity. 📉
💥 Final Thoughts: Don’t YOLO into this trade. Wait for confirmation. Be disciplined. And as always, let’s bag those profits like a boss. 💼💸
What’s your move? Are you riding the bear train or waiting for Gold to prove it’s still got its shine? Let me know, and let’s crush it! 🚀
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.
Gold’s Next Move: Short Trade Setup Amid Key RetracementGold has retraced to the 0.5 Fibonacci level within the cloud zone, trading above the 200 Moving Average (MA) on the 30-minute timeframe. While the smaller time frame shows a bullish structure, the higher time frame remains firmly bearish. This trade capitalizes on the short-term bullish momentum within the retracement phase, keeping the broader bearish trend in mind for risk management.
Our approach is focused on capitalizing on the retracement for a short position while aligning with the overall bearish trend. If the price fails to hold key levels, a deeper bearish continuation is expected.
Technical Analysis:
• Retracement Level: Gold is at the 0.5 Fibonacci cloud level on the 30-minute chart.
• Moving Average: Currently trading above the 200MA on the lower time frame, indicating temporary bullish momentum.
• Higher Time Frame: Still bearish, reflecting a downtrend in the broader structure.
• Recent Price Action: Gold surged 1.13% above the 200MA, then retraced into the cloud, testing support for the next move.
• Trade Setup: Short-term bearish execution with targets aligned to the broader downtrend, capitalizing on the retracement level as an entry point while considering the smaller time frame’s temporary bullish momentum.
Fundamental Overview:
Gold prices rebounded in Asian trading, supported by easing US Treasury bond yields and a softer US Dollar. Geopolitical tensions between Russia and Ukraine and expectations of further stimulus measures from China provide additional support for gold. However, long-term concerns about US monetary policy and interest rate stability may weigh on the metal’s trajectory.
Traders are closely monitoring signals from Federal Reserve policymakers regarding future rate hikes. Additionally, the market is cautious about potential ripple effects from Nvidia Inc.’s earnings on the broader sentiment.
This trade takes advantage of the short-term bullish retracement on the lower time frame while staying aligned with the higher time frame’s bearish outlook. Proper risk management and vigilance toward key fundamental triggers remain essential.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
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 GOLD TRADE IDEAAs mentioned yesterday, the Dollar remains bullish, and I currently have a profitable gold (XAUUSD) trade running with a tight stop loss in place.
For this new setup, I've entered a short position on the 1-hour chart. If the analysis plays out as expected, we could be looking at a potential 3R trade.
I'll continue to post updates as the trade progresses. Feel free to check my profile for more insights and updates!
XAU /USD When they think you are crazy but you have reason for yourself.
XAUUSD after banks manipulation and considering gold world demand curve at the price of 1900$, its ready to drop.
in my opinion anyway it would touch 1820 $.
#market maker footprint
don't forget money management.
be profitable.