XAUUSD - Sell Position TechnicalThe technical indicators and moving averages suggest a strong sell signal for XAU/USD. The price is currently in an oversold condition, and the trend is strongly bearish
XAUUSD trade ideas
GOLD : BUY MoreI told you ☺️🥰 I told you guys before , buy more buy more and buy more in the higher loss by more in the higher lowss and hold it for long term for long term guys listen gold is always up trending
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Downtrend continues - GOLD downGold (XAU/USD) came under heavy selling pressure ahead of the European market on Wednesday, falling to near $2,700, a near three-week low. With Republican candidate Donald Trump taking the lead in the US presidential race and potentially becoming the 47th president, the dollar has staged a strong rally, triggering a sell-off in gold.
Concerns about deficit spending and expectations of less aggressive interest rate cuts by the Federal Reserve have also pushed up US Treasury yields and shifted investors' interest away from non-yielding gold. In addition, the risk appetite shown by the strong rebound in US equity futures suggests that the Aussie could continue to fall against the US dollar.
The election result pushed gold back into the 2,700 support range, recovering in correction mode. Still maintain the upcoming gold support zone: 2700-2680
Sell: 2748-2750
SL 2755
TP1: 2740
TP2: 2725
TP3: 2715
Resale support: 2713
Buy: 2700-2702
SL 2695
TP1: 2708
TP2: 2715
TP3: 2730
XAUUSD 4HR BEARISH PULLBACK THIS WEEK?WEEKLY: Still Bullish but could make an official pullback to at least 23.6 level.
4HR: Lots of Bearish momentum. Would like to see bullish fakeout to 2760ish area then continue going bearish into 2715 area.
2760 would be 50% retracement for Entries.
2715 would be 127.6% level for Exits.
30MIN: Need a bullish move into 4hr Supply Zone.
ENTRY: ONLY after confirmation of 3min BOS in 4hr Supply Zone or after touching zone.
TAKE PROFIT: 2715 area.
STOP LOSS: 2760s area but ONLY after 3min bearish confirmation in 4hr Supply Zone.
REWARD TO RISK RATIO: 2:1 up to 6:1 depending on where you put your stop loss 2760-2775ish
GOLD XAUUSD PREDICTION🇺🇸 How the 2024 U.S. Presidential Election Could Impact Your Investments
With the upcoming U.S. presidential election, markets are on edge. Both Donald Trump and Kamala Harris offer contrasting approaches, which could lead to different outcomes for stocks and gold. Here’s a breakdown of potential impacts under each candidate:
📈 If Trump Wins:
• Stock Market: Known for pro-business policies, Trump may boost investor confidence through tax cuts and deregulation, potentially leading to a stock market rally. However, his tough stance on international trade, especially with China, could create market volatility.
• Gold: Gold typically benefits from uncertainty. If Trump’s approach increases geopolitical tension or economic uncertainty, gold prices could rise. Conversely, a stronger dollar under his policies might limit gold’s growth.
📉 If Harris Wins:
• Stock Market: Harris will likely continue Biden’s policies, focusing on infrastructure and clean energy. These policies could favor sectors like renewable energy. However, possible tax hikes on corporations may cool off overall market enthusiasm.
• Gold: With more regulatory oversight expected, investor caution may drive gold demand as a safe-haven asset, especially if concerns about government spending or inflation arise.
🔍 Key Takeaways:
• Market Volatility: Elections bring uncertainty, so markets may experience short-term swings as investors react to possible policy shifts.
• Long-Term Impact: While election outcomes have immediate effects, the long-term impact depends on actual policy implementations and global economic factors.
Stay tuned and diversified! Elections are just one of many forces shaping financial markets, so having a balanced approach is key.
GOLD OUTLOOK Gold a safe heaven as we have taken bunch of profits today as it was our lucky day now as we see all day activity gold price remained very choppy price didn't broke above 2748 price level of resistance also didn't broke below 2731 price level of support as price has formed immediate resistance level of 2746-48
Now we again predict a fall in price as from H4 to H1 we can observe price is in a bearish momentum although price is showing some bearish signs over Daily Time frame but still price is in a bullish trend daily as we haven't observed any CHOCH on daily TF
GEOPOLITICS
As Geopolitics is concerned tight situation between iran and israel has loosen up to some extent of some tension increases we can see a bull run over price
US ELECTIONs
As far as today's big news is concerned gold is under effect of US Congress elections and what we have observed today is election effect tomorrow at 6th we can see any predictable price movment till now we are bearish over gold as price is all sideways
XAUUSD H4 Entry SetupsThese Entries Based on Technical Analysis.
Note :
Do your own Research and Trade Wisely Never rely on my opinions.
Good Luck folks
Key points:Polls show tight race, keeping markets on edgeStock markets moved sideways and an uneasy calm settled over currencies and bonds as investors waited for the United States to choose a new leader with polls showing the contest on a knife edge.
I think XAUUSD will rebound moderately.
Declines Ahead of U.S. Presidential ElectionOn the global market, spot gold prices edged down by 1.8 USD, settling at 2,736.9 USD/ounce, while gold futures also recorded a decline, reaching 2,745.9 USD/ounce. Investors are currently focused on upcoming key events, such as the U.S. presidential election and the Federal Reserve's interest rate decision.
From a technical analysis perspective, the resistance level at 2,747 USD is posing a challenge for gold in the short term, preventing prices from maintaining an upward momentum and exerting pressure for a potential downward correction. Although support at 2,734 USD is helping to prevent a deeper decline, the recovery of gold's upward trend remains difficult.
Overall, the gold market is currently driven by short-term technical factors, while macroeconomic events such as the Fed's decision and the U.S. presidential election will play a crucial role in determining the long-term trend of gold prices. Investors will need to closely monitor support and resistance levels, while also keeping an eye on macroeconomic factors to make informed investment decisions.
Gold Market Update: Targeting Supply Mitigation at $2750Gold continues to seek supply mitigation around the $2750 level, signaling a key area where sellers may enter. This level remains crucial for the market's next direction, as price action around $2750 could either strengthen resistance or allow for further upward movement.boost , comment and follow for more insights
The USD strengthens, and gold continues to declineThis decline is occurring due to profit-taking pressure from investors, many of whom are seizing the opportunity to sell as prices peak. Experts believe that the movements in gold prices are being influenced by the upcoming U.S. elections and the Federal Reserve's interest rate decisions.
This week, market sentiment will be shaped by these events, along with data on service sector activity, weekly unemployment claims, and consumer sentiment reports. Additionally, gold prices are also affected by the USD reaching a three-month high, fueled by strong signals from the U.S. economy and the potential re-election of Trump.
Today, gold is fluctuating around 2,741 USD/ounce. Currently, the EMA 34.89 has reversed, indicating that gold is in a downward trend. The resistance level at 2,756 will pose a significant challenge for gold at this time. Forecasts suggest that gold prices could drop to the support level of 2,731, with the possibility of breaking through this level and falling further.
Will gold reverse and increase again this week?
Gold could cross 3000 level this weekGold is in bullish trend since many days, This is daily chart of Gold and you can see arrow of blue color resistance of 2799 and after breaking it could touch or cross 2990 level indicated by green arrow.
Note: This is not a buy/sell call. Trading according to your own decisions.
PriceAction / SupportAndResistanceHere we are analyzing 1H time frame for finding the upcoming moves on gold price. I'm using support and resistance combine with price action. Overall trend was bullish. Let's analyze more deeply and maximum gain outcomes. But in my opinion I'm looking sell today.
Must put stoploss for your trade.
Use proper Risk Reward Ratio.
Gold after U.S. election : Since rising tensions have played a significant role in the recent increase in gold prices, let’s look at each U.S. presidential candidate’s approach to handling these tensions and their future plans.
Kamala Harris, representing the Democratic Party, is focused on diplomatic efforts to reduce conflicts in the Middle East. She generally follows the Biden administration's approach, aiming to ease hostilities through aid and international agreements, including a two-state solution for Israel and Palestine. This approach may help stabilize markets by reducing the volatility tied to prolonged conflicts.
Donald Trump, the Republican candidate, takes a more aggressive stance. He supports a strong alliance with Israel, endorses military responses to threats from Iran and its regional affiliates, and prioritizes U.S. strength and independence. Trump's “America First” stance could lead to continued or heightened tensions, which historically correlates with higher gold prices due to investor flight to safe-haven assets.
In summary:
Kamala Harris: Diplomatic de-escalation, which may stabilize gold prices.
Donald Trump: Military strength and strong alliances, likely to keep prices high in case of increased tension.
These policy differences could significantly impact markets depending on which candidate wins.
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Gold 1 hour chart key levels with both buy and sell entriesGold 1 hour chart key levels with both buy and sell entries
For a buy look to enter at
2691 expecting
2696 to 2704
2710 which will be high resistance but if broke then
2720
2732
2740
2750
2765
2785
2800
2804
2820
On the downside ill look for a sell at
2678 expecting
2674
2664 to 2662 which will be resistance
2650
2640 high resistance
2628
2618 high resistance
2602
2580
2550
2540
As always trade safe use proper risk management
Check put my other trade ideas including a Gold swing and GBPUSD sell opportunity
GOLD will drop further down to 2668 Levels As per the technical analysis gold will potentially drop down to 2668 levels.
Gold's Monthly MACDSCARED OF HEIGHTS ???
Check out gold's monthly MACD reading ...
HIGHEST EVER !!!
#gold #capitalrotation #recession
XAUUSD bearish strongAnalysis based on the quasimodo pattern, it appears that gold failed to make a new rise, and continued to decline.
XAU USDXAU USD @ 2688.75 SL 2675.98 TP 2711.27
Based on previous analysis we're expecting this mitigation to hit certain levels before the continuation. Our entry will include a 8 pip trailing stop.
T.Y.L.A.
XAUUSD - 2024/11/08Looks like XAUUSD has already made the move that I was waiting for during Asian session.
I will monitor the market to look for a potential retrace back into the 1h volume sell zone to take more shorts, but at the moment if the market does reverse back to entry I would be skeptical to enter because the market can easily just continue the bull run.
Even though we had a strong push down with the US elections, XAUUUSD is still in a bullish market and needs to be taken into account when looking for shorts.
