XAUUSD Head and Shoulders PatternOn the 4-hour chart, XAUUSD formed a head and shoulders top pattern. Currently, attention is paid to the resistance near 2710. If the rebound is not broken, it is expected to continue to fall, and the downward target is towards the 2600 mark.Shortby XTrendSpeed1
Best trading opportunity before interest rate decision!Market Analysis: Gold has made a powerful comeback today, and those who followed my buy recommendations yesterday have seen substantial profits—congratulations to all VIP members! Reviewing yesterday’s price action, gold's sharp decline was primarily triggered by Trump’s election win, a bearish news factor that was quickly digested by the market. With the Fed’s rate decision looming today, gold remains in a bullish trend. Forecast and Price Movement: Analyzing the current market setup, I anticipate a minor pullback in gold, likely toward the 2680 level. This dip is expected as the gold market prepares for a potential Fed rate cut in the next few hours. Thus, I foresee a brief drop in prices leading up to the rate announcement, followed by a significant rally post-cut. Trading Strategy: Aggressive Approach: Enter a short position at current levels but secure profits before the rate decision. Conservative Approach: Wait for a pullback before the rate cut to establish a long position, capitalizing on the anticipated post-cut rally. Summary and Recommendations: This analysis should provide a clear direction for today’s gold trading. For a detailed breakdown of this week’s trading strategies, please reach out. All VIP members will receive an exclusive, complete trading plan to maximize gains during this pivotal market phase.Shortby Falcon-Training-CampUpdated 2
XAUUSD, 15-MINUTES TIMEFRAME CHARTXAUUSD, 15-minute timeframe chart General outlook XAUUSD has been under sellinging pressure within the last day. The pair moved to the level of 2,543.00. Possible scenario The best way to use this opportunity is to place a buy order at 2,545. Set your stop loss at 2,537. below the previous low ($8.00 loss for 0.01 lot) and take profit at 2,575. ($30.00 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. by CHRLEEEXPERT2
XAUUSD-Gold - Technical AnalysisThe price of gold continues to drop below the psychological 2600 level and now its looking for 2500. There is possibility that it may go up but not much, all depends on the buyers and today's news. Right now it has touched its 2530 area and if it retest it then most probably it will go more down to touch the 2500-2502 and then move up but how much still nothing clear. According to me for going up it should break 2500 area properly and then buyers will jump in. Physical gold demand is very low as compare to previous year and even china is not buying gold from 6-7 months and they are waiting for low price. Don't forget trump is back and gold will fluctuate more and in december most of the time gold go up. Lets wait for good buy entry because on one month and weekly time frame its no over sold. So wait for more dip. Note Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!Shortby SibiSh1
Gold is preparing for a strong upward correctionGold is preparing for a strong upward correction So please be careful and take buy positions onlyLongby hishamghalib07112
Gold Analysis November 13fundamental analysis Gold prices pared some of their modest intraday gains, although they held above $2,600 heading into the European session on Wednesday. Uncertainty over the extent of trade tariffs promised by U.S. President-elect Donald Trump and their impact on the global economy dampened investor appetite for riskier assets, spurring some flows into the precious metal. In addition, some repositioning ahead of U.S. consumer inflation data turned out to be another supportive factor for the commodity. Meanwhile, the U.S. dollar (USD) held steady at its highest level since early May amid hopes that Trump’s expansionary policies could boost inflation and limit the scope for Federal Reserve (Fed) rate cuts. The outlook still favors rising US Treasury yields, which, in turn, restrains any further upside for non-yielding Gold. Technical Analysis Yesterday, Gold fell back to the 618 Fibo extension level and this morning broke down from 2598 and flew up to 2613. We are currently waiting for a Break to find a Buy point, or at least a correction to the Retracement point at 2603 to detect a Buy signal, because at 2608 like this is a bit half-hearted. Choosing an uptrend for today, but it is only a correction, so before tonight's news, I will choose to buy with a short TP to the 2625 area (in case of breakout at 2615) The SELL levels of 2625 - 2627, 2644 - 2646, 2658 - 2660 will be updated immediately at the time of real-time signal, the admins will notify. The best Buy signal below is to wait for a break of 2593, the price will return to the levels of 2586, 2576 - 2574, a false break through 2565 to catch the entry of 2562 is also good, for other areas, scalp and don't expect too long, at least from the 2574 area onwards to think about holding.by TVS-TraderUpdated 4
VIDEO ANALYSIS ON GOLD - BEARS ARE TRAPPEDEnjoy this simple video analysis on how I interpret the market. A continuation bull run should begin shortly towards 2700. If you see 4H and 1D candles CLOSE BULLISH with STRONG, FULL bodies, than that means the bull is loose !! Volume has taken over to the upside, and 2700 should get broken through. Approaching 2700, if you see REJECTION WICKS, then there could be a second attempt to trade lower and re-test 2600. - I personally think there will be a "V" shape pattern in the 1D timeframe, and the candles might close strongly toward 2700. Once there, price should only consolidate to trap sellers that think this would be a pullback of the fall and that "price should continue to fall" when testing 2700... (TRAP). - GOOD LUCK! Long06:16by PersaGold2
Gold will fallAs we have observed gold is moving with in support and resistance area further we have seen breakdown in momentum so gold will still fall My target will be 2650Shortby DavidJohnson722
Grab Your XAUUSD Scalping Chance!Market Analysis Summary: Buy Opportunity: Targeting the 2620 zone from the 2606-08 level. Sell Opportunity: Market Structure: Overall bearish trend, indicating potential downward movement. Upcoming Events: CPI report is on the horizon, which could introduce market volatility. Key Points to Consider: Monitor the 2730-27 zone for entry signals. Watch for price action around 2690 for potential reversals. Be prepared for fluctuations around the NFP release. Stay informed and adjust your strategies accordingly!Shortby bluechipfx2
XAUUSD Trading Idea 13/11/2024Overall Trend: The chart shows an overall downtrend, with the price making lower lows and lower highs over the displayed period. Potential Trend Reversal: There are no clear reversal signals yet, but the recent bounce from around 2,585 could potentially mark a short-term bottom if it can hold and prices start making higher lows. Volume Patterns: Volume appears elevated during downswings, indicating selling pressure. However, volume is also relatively high during the recent upswing, which could signal buying interest. Sentiment: -30 (Moderately Bearish)Shortby Sai2k2
XAU ! 11/12 ! Continue the downtrend ! 2580XAU / USD trend forecast November 12, 2024! SCALPING Gold prices (XAU/USD) continue to decline during the first half of Tuesday's European session, dropping below $2,600 for the first time since September 20. Investors remain focused on the “Trump trade,” which strengthens the US Dollar to a four-month high, adding pressure to gold for the third consecutive day. Additionally, expectations that Trump’s expansionary policies will drive economic growth and inflation are likely to restrict the Federal Reserve’s need for further easing. This keeps US Treasury yields high, diverting interest away from the non-yielding gold as markets await key speeches from prominent FOMC members. break support 2610 - gold price continues to fall below 2600. Wait for retest 2610, SELL signal following downtrend /// SELL XAU : zone 2608-2611 scalping SL: 2614 TP: 40 - 80 - 150 pips (2596) Safe and profitable tradingShortby Moon-ForexAcademyUpdated 113
GOLD Key LevelsTVC:GOLD Gold is approaching the( 2670-2685) area then retesting the 2645 level again then falling and when breaking the zone it will fall below 2540by temer_duski2
GOLD LOOKING FOR UP THIS WEEKit's below 2650, then we will looking for support level 2600. can find opportunities for medium-termLongby SUNNNNNNY3332
GOLD SELLing AgaiNThis GOLd's new record is probably SL hunting. Going to Sell again No over trade Once trade hit 100 pips move SL to Entry Shortby PotentFXUpdated 6
Gold CHOCH to down trendAs indicated by the chart, gold is on a downtrend. I'm considering a short position from the current price and from 2693, with a stop loss at 2705. The targets are 2630 and 2605 to complete the first wave (SL 150 pips and max TP 800 pips). This scenario becomes invalid if the price closes above 2718. Please be mindful of risk management. If you have any ideas or comments, I would be happy to see them shared in the comments.Shortby Ibrahim1984Updated 1
buy now from 2631 and open another in 2625 at the same stopbuy from 2631 and open another position in 2625 at the same stop every 100 pips close some profit and move sl to break evenLongby IRAQI_FX2
Gold Gold taking liquidity to the downside barely giving sellers to join the run in a discount by mohhamza1
Demand Surge Post-Election Towards $2690s,Imbalance Target@2720sFollowing structural supply mitigation around $2640 in response to the recent U.S. presidential election, gold prices are pushing towards the supply level in the $2690s. As the DXY strengthens, gold's upward momentum is expected to yield to further supply. Looking into the new week, there’s anticipation of an imbalance at the $2720 zone being addressed, while the area below $2660 remains unbalanced. This setup aligns with Akcapitals' hedge, guiding potential moves as market dynamics evolve . follow for more insight's , comment and boost idea . THANKSShortby Ak_capitalistUpdated 3
My next weak short idea on Gold As I mentioned earlier in my previous idea that went success this is my new entry plain according to that idea 💡 what you think guys Shortby wsmasterfx111
XAUUSD swing sell target 400 pips 4 hour chartLooking to sell gold when it rises to 2697 expecting it to continue to fall to 2657 which was previous support. Trade is based on higher time frame trend lines and supported by Fibonacci levels , 0.5,0.628 marked out on chart. You can see that Gold broke the daily level of resistance as well as the 4 hour resistance too there is a chance for gold to open bearish , basing this on the last 2 daily candles , but I think we will retrace to test entry again. As always best way to enter these trades is wait for break and retest before entering Shortby F0rexBorex2
Indicator not toped and double bottom 2680 = 2701 retest possiblAlot of people see 94 rwsistance but I think necause 2680 double bottom it will break 2694 Lets see...Longby salvanostUpdated 1
Selling opportunity for XAUUSDHey guys, Based on the chart we can consider a bearish movement for XAUUSD because we consider a bearish trend line and also a bullish swing has been broken in 15 min timeframe which we consider this as a resistance level for this movement. The risk reward ratio for this position is 1:3. Good luck.Shortby Brian_Philips1