XAUUSD BEAR Yes there is a higher entry for the bear but here is exactly what you will need for structure... I will update as we go, but we have the current level listed as Bi-Directional for a reason... We need to break 2725 (Target 1) to confirm lower targets. Shortby elitetechfx-dailyUpdated 885
Gold stays strong amid the US election and Fed rate cuts.Early on Tuesday morning, the latest developments surrounding the U.S. presidential election showed that former President Donald Trump is leading Vice President Kamala Harris in each of the seven swing states, although the margin is very narrow. A survey by AtlasIntel revealed that Trump holds the widest margin in Arizona, with 52.3% compared to Harris's 45.8%. This update seems to have helped the U.S. dollar halt its decline, keeping gold prices in USD at a low level. Furthermore, expectations of a less aggressive easing cycle from the U.S. Federal Reserve (Fed) have also supported the dollar. Personal opinion: Gold prices remain steady, fluctuating between $2,730 and $2,748, with no catalyst pushing them outside this range. While the RSI still indicates bullish momentum, buying pressure seems to be easing. For continued gains, gold buyers need to reclaim the key $2,750 level, which could lead to a target of $2,790. However, a daily close below $2,750 could signal further weakness. Pay attention to the price range: Buy Zone: 2715 - 2713 SL: 2708 Sell Zone: 2747 - 2749 SL: 2754 Sell Zone: 2761 - 2763 SL: 2768Longby Chana-Trading113
The market is showing signs of a rejection What im seeing is the market pushing to create zones so that sellers can join I will be looking to see what happens at the fvgby mohhamza111
XAUUSD is forming a phase of correctionDisappointing NFP data was offset by hot wage inflation data. The U.S. labor market report failed to deter dollar buyers as it had limited impact on market pricing in Fed meeting expectations. Which had a negative impact on the price of gold... All eyes are now on the US presidential election on November 5, and the outcome of the Fed meeting on Thursday. Markets believe that Trump's policy will put upward pressure on inflation, bond yields and the dollar, while if Harris wins, the dovish policy will continue. Technically, traders are taking a wait-and-see approach. The price is forming a range, and most likely gold will trade inside this channel in the near term Resistance levels: 2745, 0.5 and 0.7 Fibo, 2758 Support levels: 2731, 2724, 2713by SwiftSignalFX111
Two scenarios lead to 2600 !! Hi guys, as you can see, the price broke the uptrend line then retraced back to, then went down, more likely will go to the destination 2600!! Two scenarios lead to 2600 in different ways! 2600 is so important price here because the price will touch there so important uptrend line which had not been broken since 14/02/2024 and even 2600 is the 38.20% Fibonacci level on the daily frame. As you could see that all drawn Fib levels and all the uptrends line were respected by the price! and that gave me confidence that Gold would continue in respecting them for the next phase too. all is going according to the system! Scenario 1!! Gold will go straight to 2600 and will be pushed up from 2600 then a retrace back to settle on to form the head and Shoulders pattern, which will not be broken on its neckline and guess what price too is there!!! yes it is 2600 still... normally according to what I observed before many times, if that neckline of that pattern will not be broken to down, so a huge bullish retrace will be generated to send the gold to around 2840 or a bit higher then settle on to send the gold price even further to the upper Fib level or higher than it, up to 2995-3000 Scenario 2!! ((more likely to happen)) ((Another scenario could happen too that gold would be pushed up to 2735 before reaching to 2600 to test again the uptrend line which had been broken earlier but again will have to fall down in a free fall also towards 2600! Note!! In a daily candle would close under that uptrend line and Fib level under 2600.. so gold would go to 2531 then retrace up the trend line to retest it then would have a free fall further down.. This scenario I do not believe it is going to happen! I hope I was able to make you realise the importance of 2600 ..this price is a most important game changer price!! This analysis is exclusive to me only and is not an advice for buying, selling or trading and it is not more than a simple idea or thought of the most likely scenarios according to my knowledge and experience.. My content is free of charge completely for all life long and I do not sell any signals but I wanted only to help)) Shortby moustafa_marei223
Buy gold ideaGold has formed 3 necklines, shifted a trend and reversed to take liquidity, i see gold going up and breaking fibo level, retracing 3 times and then hitting tp. Longby christiankaram278111
Xauusd sell Gold price is seeing a dead cat bounce from three-week lows of $2,644 in Asian trading on Thursday, as the dust settles in the aftermath of a massive sell-off, fuelled by Republican candidate Donald Trump’s victory in the US presidential race. Gold now sell 2660 Support 2630 Support 2595 Shortby JohnHarry_7223
gold trade setupthis is gold trade setup in downside. how gold react in down side and how to go up that is important.02:58by manishprajapati1502112
Gold can still flyAs we have observed gold has gotten instant reversal at 265* from support area. That support area was formed on 10 OCT_ to 15 OCT means it is strong reversal area that will push gold up so my target is 2700. Longby wsmasterfx441
Can we see XAU at USD2760 today? XAUUSD starting it's bullish moment, crossing the halfway mark of the uptrend channel, currently at USD2749.25. While the USD Presidential Election is ongoing, Gold is building up the bullish momentum. If the current candle can close above the previous high (USD2750.09), and maintaining above the upper region of the parallel channel. There may be a good chance we'll be able to see XAUUSD somewhere between USD2760.00 to USD2765.00. I may be wrong, but still hopeful that will be the case in the next few hours before the election concluded. by shackks112
gold sell gold sell noe breatout structure occurred already the FOMC sell is a bearish sentiment Shortby Forexnation237112
Gold sideway below 2700 - in DOWN trendSCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Traders took profits on recent Trump trades, leading to a pullback in the US Dollar from a four-month high and giving a boost to Gold prices on Thursday. The USD continued to ease after the Federal Reserve cut its benchmark interest rate by 25 basis points, bringing it to a target range of 4.50%-4.75%. ⭐️Personal comments NOVA: sideway in a bearish correction - waiting for the 2700 resistance zone to scalp SELL ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2700 - $2702 SL $2705 TP1: $2694 TP2: $2688 TP3: $2680 ⭐️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 accountShortby Nova-ScalperUpdated 3320
XAUUSD CONFIRM SIGNALThe current situation of gold is that it is stuck between the zone If it break and close below our support then we can take sell to 40,100pips and beyond than that OR IF Its break our resistance then we can take catch 50,100 and 350 pips buy easily SO GOOD LUCK EVERY ONEby FOREX_PANTHER_Updated 220
Yaqoub-proThis chart shows a strategic approach to trading gold (XAU/USD) by setting multiple take-profit (TP) levels and a stop-loss (SL) to manage risk and maximize profit. The entry price is set at 2666.1575, with three predefined target profit levels: TP (1) at 2663.76, TP (2) at 2661.36, and TP (3) at 2658.96. Each TP level offers an exit point that secures incremental profits if the price moves in favor of the trade. A stop-loss is positioned at 2668.56, limiting potential losses if the market moves against the trade. Additionally, a market session indicator shows which trading sessions are active, highlighting Sydney as active in this example, with trend and volume data for each session. This setup aims to provide a structured risk-reward strategy, allowing the trader to capture profits at different levels while maintaining a disciplined approach to loss management.Shortby Yaqoubyousef222
XAUUSD, WEEKLY CHART... here's how it looks.I've been trying some custom approach / experiment on detecting reversal play in advance stages -- and my current case study is XAUUSD. Here's how it looks. Based on weekly data, we got a thinning price line with a shifting inverted support lines (bottom lines). A good confirmation Identifier would be a complete horizontal inverted support line shift. 1950 (completed support line) would be the key price point for that level. Touch it, and we got a BUY SIGNAL. Non-confirmatory (risky) would be 1940 level. TAYOR. Safeguard capital always.by JSALUpdated 7730
$XAUUSD Gold Analysis doneTVC:XAU Gold Analysis done Gold is at -0.5 fibonacci level (2700 - 2800$ per ounce) Gold investors from 2015 to 2019 that bough Gold between the price ranges 1000 -1300$ per ounce are begining to sell off their positions A over extention of the chart will be at -0.618 fibonacci level (2900 -3000$ per ounce) Buying Gold at these levels can be risky...use tight stop losses and little take profitsShortby ttanvandan7111
Xauusd going short in my opinionTapped 4H FVG and got rejection twice, US Elections etc i think avoiding trading is best for few days and i am not a financial advisor etc do your own research before making any decision Shortby BilalGhouri220
Sunday and Monday Projection for GoldGold established its daily low on friday but I do not feel that was the full depth of the move. I see it going lower upon market open and then rejecting the lower key zone which will form the Sunday Low and send price in a bullish manner to create a new high. So we should be looking to short til we reach the lower Key Zone and then we should be looking to buy!by EcNomiSuiteSpot111
My first idea ever shared with everyone.With the win of Trump, I think the prices will soar down upcoming week, to regain balance and hit more ATH's, because Q4 is coming up. Like this idea if you agree and let's make some money. Hella Love! Greetings, Mr. YounityShortby sukhpreetsbaalveer9111
DOWN TRENDclosed below the higher time inverse FVG which leads to a possible downtrend, going down the smaller time frame it is also in a down trend and so our bias as been declared. Then an order bock was formed on the 30mins, waiting for a reaction to the downside off the order block or the higher time frame inverse FVGShortby Abiona112
Gold -Trade Plan 07/11/2024Dear Traders, Gold has broken through its upward trendline, indicating that we have entered a corrective phase. I anticipate a pullback to the range area, followed by a continuation of the downtrend." Dont Forget Like&Comment please ! Regards, Alireza!Shortby alirezak1110
Gold Long Term AnalysisSo I thought I'd post some thoughts for the first time on TradingView. As we've all heard a million times; 'the trend is your friend.' Given the price movement in Gold in the last week, I thought I'd zoom out on the weekly chart for Gold to see where last week's results sit with the longer-term trend. I've been using the adaptive trend finder from Julian_Eche, I like this tool because it provides some empirical rigour around identifying the trend along with some statistical testing to determine the strength. Whilst gold has been in an uptrend since ~Sept '23 we can see that the current trend was established in over the last 20 weeks with a pearson R squared of over 0.98 suggesting that the weekly close is adhering very closely to this established price channel. Last week's close appears to have been a result of some mixed economic news and profit taking however, the trend is still being respected. Given the mixed news from employment data and the PMI figures last week following higher than expected inflation data it appears that the Fed is still likely to cut 25pbs at the end of the week. The US presedential election result also looks to remain tight and it may take days for the result to be known adding uncertainty for markets. Gold ETFs have also seen substantial inflows this year as investors pour into the safe-haven asset which have supported the price. I believe that all this supports higher prices on the precious metal in the short to medium term and the intra-week movements seem to have respected established channel so far. Longby dgowty111
SUPPORT AND RESISTANCE OUTLOOKIn this analysis we are focusing on 1H time frame for GOLD. I'm looking potentially buy trade opportunity today, by using support and resistance and price action. And we are using volume and RSI indicator. Let's see what happens and which trade opportunity market will give us. Let's delve deeper into these levels and potential outcomes. Always use stoploss for your trade. Always use proper money management and risk to reward ratio. This is just my analysis or prediction. #XAUUSD 1H Technical Analysis Expected Move. Longby TradeTacticsrealUpdated 17