Get started
GOLD / US DOLLAR KILOGOLD / US DOLLAR KILOGOLD / US DOLLAR KILO

GOLD / US DOLLAR KILO

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals

XAUUSDK trade ideas

11/12 ! XAU ! Bears determined to continue to lower pricesXAU / USD trend forecast November 12, 2024 Gold dropped over 2.5% on Monday as the US Dollar surged to a four-month high. Speculation that a second Trump term might reignite trade tensions is supporting the USD's strength. XAU/USD is now trading at $2,611 after hitting a daily high of $2,686. This decline follows gold's worst weekly performance in more than five months after the election, with the US Dollar Index (DXY) up 0.6% to 105.57. Gold prices continued to decline on Monday - returning to the 2610 zone. The 2606 support zone could help gold recover and stay above 2600 in the short term. /// SELL XAU : zone 2654-2657 SL: 2662 TP: 50 - 150 - 300 pips (2627) Safe and profitable trading
OANDA:XAUUSDShort
by Moon-ForexAcademy
3
Gold Watch Monthly Chart FVG ReactionGold had a big positive line last month. The closing on the last day of October and the anticipation of the US election on October 31 triggered a decline. This decline is not a peak, but the combined effect of time, events, and structure; it is the November K on the monthly chart. The inevitable trend of the line: last month's big positive line, at the beginning of this month, the sub-level of the monthly line must have fallen. At present, the order block rebound at the key position of 2600 institutional fund buying needs to be observed for 3 days. Waiting for the weekly chart to close above 2600, it means that the next two weeks will be mainly bullish. As for whether 2790 will break through again before the end of the month, it doesn't matter. Sooner or later it will break. Last week, the 2644 order block rebounded and then fell to the key position of 2600, indicating that the level of the 2644 order block was not large enough to constitute a large-scale rebound. At the same time, the monthly line
OANDA:XAUUSDLong
by qwekjc
3
FED lowers interest rates! Gold recovers in the short term⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold (XAU/USD) faces challenges building on Thursday’s strong rebound from the 50-day SMA support near $2,643, with some selling pressure emerging in the Asian session on Friday. The US Dollar has regained strength, partly recovering from its recent slide, and a generally optimistic risk tone weighs on the safe-haven appeal of gold. Meanwhile, the fading “Trump trade” and a lack of hawkish signals from the Federal Reserve keep US Treasury yields lower, potentially limiting USD bullish momentum and offering some support for gold. Traders are now focused on the upcoming Michigan Consumer Sentiment Index and Inflation Expectations for near-term trading cues. ⭐️Personal comments NOVA: As expected by the market, the FED cut interest rates by 0.25%, bringing positivity and optimism to XAU in the short term. Currently, other financial sectors are starting to become vibrant again, and it will be very difficult for gold to compete. The downtrend will continue ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2727 - $2729 SL $2734 TP1: $2720 TP2: $2710 TP3: $2700 🔥BUY GOLD zone: $2668 - $2670 SL $2663 TP1: $2675 TP2: $2688 TP3: $2700 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
1
GOLD Outlook: Bearish Pressure Expected Ahead of CPI ReleaseGOLD Technical Analysis Today, Gold is expected to experience bearish volatility, primarily influenced by the anticipated CPI results. The price maintains a bearish outlook as long as it trades below 2612 and 2625, with potential targets at 2587 and, subsequently, 2554 if downward momentum continues. A bullish reversal would require a break above 2625, which may only be likely if the CPI release is below 2.6%. However, we expect a CPI outcome around 2.9%, indicating higher inflation, which would likely exert negative pressure on Gold. Key Levels: Pivot Point: 2612 Support Levels: 2588, 2571, 2554 Resistance Levels: 2625, 2644, 2662 Trend Outlook: - Bearish while below 2612 and 2625 - Bullish if Break 2625
OANDA:XAUUSDShort
by SroshMayi
XAUUSD:12/11 Today's Market Analysis and StrategyGold technical analysis Daily resistance 2710, support below 2580 Four-hour resistance 2638, support below 2580 Gold operation suggestions: Today's upper short-term resistance is around 2626, and strong resistance is around 2638~2640. The intraday pullback relies on this position to continue the main short and follow the trend to look down. The lower target is still concerned about the new bottom. Before the daily level breaks through and stands on this position, any pullback is a short-selling opportunity. Keep the main tone of following the trend unchanged. Short-term support focuses on the integer mark of 2600 points SELL:2610near SL:2613 SELL:2638near SL:2641 SELL:2626near SL:2730 The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.
TVC:GOLDShort
by ActuaryJ
Closing both orders with profit / #93 Profits rowAs discussed throughout my yesterday's session commentary: "My position: I have made quick buck few moments ago and will keep operating with Selling order within my well know range. I do not expect any Bullish Short-term reversals as Trade remains "Sell every High's" which Gold delivers. I do expect Gold to continue Trading under Selling pressure and eventual #2,652.80 benchmark break-out." I have engaged first Selling order with #2,663.80 entry point and closed the order on #2,640.80 (delivering fine #23-point Profit) and since #2,640.80 Support was invalidated on aggressive manner, I have re-Sold Gold (following DX numbers of course) with #2,638.80 entry point and closed my order on #2,618.80 on a fine #20-point Profit (#43 in total for the session and with #70-points on Elections day aftermath, #113-points in total just within few sessions). My position: Gold is delivering excellent Selling opportunities as I am expecting even more pain for Buyers on Gold. All this is closely attached to DX on aggressive relief rally which is delivering heavy Selling pressure on Gold. Due Daily chart's #MA50 break-out and market closing below, I am expecting #2,552.80 benchmark before stagnation zone (as discussed many times on my remarks that #2,552.80 - #2,600.80 is ahead). I have engaged new Selling order with #2,595.80 entry point (optimal Target remains #2,552.80 benchmark).
TVC:GOLDShort
by goldenBear88
XAUUSD: Bottom of the Channel Up, RSI almost oversold. Buy.Gold turned bearish on its 1D technical outlook (RSI = 37.369, MACD = 1.240, ADX = 48.026) as is closed yesterday below the 1D MA50 for the first time in more than 4 months (July 2nd). The downtrend is the bearish wave of the May 20th Channel Up and is so far the strongest of the pattern. Technically Gold is a buy for as long as the 1D MA100 holds. Also the 1D RSI is the closest it's been to the 30.000 oversold level since October 6th 2023. Naturally that makes it a strong buy opportunity. Our target is the 0.618 Fibonacci extension (TP = 2,705). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
FX_IDC:XAUUSDLong
by InvestingScope
Gold: some relaxationThe implications of the US Presidential elections left its mark on the price of gold during the previous week. Namely, as President elect Trump was noting in a presidential campaign a potential to end conflicts in the Middle East, so the markets relaxed sentiment in expectations of further escalation of the ongoing geopolitical tensions. In line with USD strengthening, the price of gold had its largest weekly drop in the last five months. The lowest weekly level reached was $2.646, while the price of gold is ending the week at $2.683. It was a 1,8% weekly decline. The RSI just started its course toward the oversold market side. The index finished the week at the level of 48, leaving some space for a further drop in order for a clear oversold market side to be reached. Despite the decline, moving averages of 50 and 200 days are still moving as two parallel lines with an uptrend, without an indication of a potential cross in the near term. Markets will spend the week ahead digesting both US Presidential elections and Feds rate cut and macroeconomic overview. In this sense, some further relaxation for the price of gold is quite possible. Considering that during the previous time, the price of gold had a strong uptrend, there should not be expected some stronger move to the downside. The level of $2.650 might be tested, with some modest potential for the level of $2,6K. On the opposite side, there is some probability for the level of $2,7K, but with lower probability.
OANDA:XAUUSD
by XBTFX
GOLD → Global reversal H&S. How far do we fall? FX:XAUUSD was looking pretty steady in the Asian session until the press came out with their statements before Trump's speech. The fundamental background is weakening, but there are positive nuances from the news.... There is one last vote left, but Trump has a 99% chance of winning. Markets believe his policies will put upward pressure on inflation, treasury yields and the US dollar, which could have an overall negative impact on the XAU BUT, there is a possibility that in the long term, the gold price will also benefit from the new president's policies as Trump's foreign policy related to China and Europe could cause unrest and panic in the market Sentiment around the US election will play a key role in gold price movement ahead of the US Fed policy announcement due on Thursday. Technically, gold is giving hints of a possible reversal by forming a classic H&S pattern. The main support is at 2708 Resistance levels: 2731, 2735, 2749 Support levels: 2724, 2713, 2708, 2689 Also, H1 is starting to show a local descending channel. Before the official verdict of the vote, the price can still test these resistance areas, but later the market may turn around and start a gradual decline until the end of market-wide euphoria.... Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
13
Gold Market Downtrend Gains Momentum: What’s Next?**Gold's Downward Acceleration: Key Levels, Global Impact, and Technical Outlook** The gold market, particularly XAU/USD, is experiencing heightened volatility, with prices dipping below the critical 2600 level, signaling a sharp decline that has traders questioning what’s driving this downturn. Market sentiment is mixed: while some view this as a panic-driven selloff, others see it as a classic case of profit-taking. With the U.S. Consumer Price Index (CPI) and Producer Price Index (PPI) reports on the horizon, investors are left wondering whether there’s still a chance for a rebound—or if more downside is on the way. One of the significant factors weighing on the gold price is the economic stance of Chinese authorities. Their recent lack of robust support for financial markets has disappointed traders and fueled a cautious attitude. This reticence is likely influenced by renewed concerns over potential U.S.-China trade tensions, particularly with former U.S. President Trump hinting at possible tariffs. This tension has contributed to a drag on gold as investors brace for market reactions that could ripple through commodity markets globally. The U.S. dollar, meanwhile, has been bolstered by recent market dynamics, as investors shift focus toward the dollar as a safe haven amid economic uncertainties. Additionally, excitement around Trump’s political moves has temporarily lifted the greenback, while the likelihood of future Federal Reserve rate cuts has dwindled in recent discussions. This has placed further pressure on gold prices, as the precious metal often loses appeal in a rising-dollar environment. ### Economic Data to Watch: CPI’s Potential Influence on Fed’s Path With the CPI and PPI reports due for release, investors are acutely aware that any surprising inflation data could sway the Federal Reserve’s approach to interest rates. A higher-than-expected CPI could bolster the case for maintaining or even raising rates, which would likely support the dollar further. In contrast, if inflation data softens significantly, it could renew hopes for future rate cuts. Either way, gold traders will be watching closely, as these data points have the potential to shift the narrative around both the dollar and gold. ### Technical Analysis: XAU/USD in a Critical Zone From a technical perspective, gold’s current positioning is pivotal. The XAU/USD pair has breached an important support zone, attempting to break free from its recent range. Currently, the critical support levels to monitor are at 2604, 2569, and 2546. Resistance, on the other hand, stands at 2626 and 2637, with the 2626-2637 range aligning with a 0.5 Fibonacci retracement level, marking a potential target for a short-term correction. Should the price close consistently below the 2605-2600 threshold, it could pave the way for further declines. However, because gold is sitting on a strong support level, there’s potential for a false breakdown. In such a scenario, a corrective move may take prices up toward the 2626-2637 resistance zone. This correction could serve as a temporary reprieve before any continued bearish momentum, which may resume if market conditions remain unfavorable. In summary, gold is navigating a complex landscape influenced by economic indicators, global politics, and market sentiment. Investors should keep an eye on both macroeconomic updates and technical signals, as these factors will determine if the metal can find stability—or if the downward momentum will persist in the weeks to come.
FX:XAUUSDShort
by lonelyPlayer0
2
Buy when it stabilizes at 2600-2590!!Buy when it stabilizes at 2600-2590!! Yesterday, when the gold price was still around 2670, I said that according to the wave theory analysis, the gold price is likely to fall to 2600. Now it seems that the strength of this wave of decline is still underestimated. Now the lowest price is close to 2591, breaking the 2600 integer mark. Judging from the gold market trend, the support situation in the 2600-2590 range is now very much tested. If it falls below, the next support level is 2548, so we need to pay close attention to further developments here. Today, my trading idea is to wait for the 2600-2590 area to stop falling and stabilize, and then buy here to see a rebound. The current area can be seen at 2670. If it falls below, then we should not chase the decline, because after the ABC waves are completed, it is very likely that the D wave will appear. This decline has already fallen by nearly 120$. According to historical trends, each time the decline reaches about 100$, it may rebound. Therefore, we need to be alert to this situation, so we can't continue to chase the decline, but wait for stabilization and then see the rebound. The trading signals are as follows: Buy when 2600-2590 stabilizes TP1:2612 TP2:2625 TP3:2650 TP4:2670
TVC:GOLDLong
by Tiger-baby
Bearish drop?XAU/USD has reacted off the resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could drop from this level to our take profit: Entry: 2,710.52 Why we like it: There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement. Stop loss: 2,745.29 Why we like it: There is a pullback resistance level. Take profit: 2,659.43 Why we like it: There is an overlap support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:XAUUSDShort
by VantageMarkets
1
Gold Markets Hold Steady: Analyzing Trends and ProjectionsAs I compose this article, gold is trading at $2,609, experiencing modest gains throughout the day on Wednesday. It has successfully maintained a position above the $2,600 threshold, recovering from its lowest point since September 20, which occurred just the previous day. The US Dollar (USD) retains a bullish momentum, driven by speculation surrounding President-elect Donald Trump’s proposed expansionary economic policies, which are expected to ignite inflation and potentially limit the Federal Reserve's ability to implement significant interest rate cuts. This favorable outlook is supporting higher US Treasury bond yields, which in turn bolster the USD and place a ceiling on the price of the non-yielding precious metal. From a technical standpoint, the current market landscape appears somewhat ambiguous. Prices are rebounding into a demand zone where institutional investors, often referred to as 'smart money,' seem to be strategically accumulating long positions, while retail investors continue to maintain a bullish outlook. Our projections suggest a possible retracement coming in December. Additionally, uncertainties surrounding Trump's proposed trade tariffs and their implications for the global economy are moderating investor enthusiasm for riskier assets, especially in light of the disappointing fiscal stimulus measures from China. This situation consequently provides support for gold prices, which appear to have broken a three-day streak of losses. Market attention is now fixed on the upcoming US consumer inflation data, particularly the pivotal Consumer Price Index (CPI) report. The results could significantly shape expectations concerning the Federal Reserve’s monetary policy direction and dictate the short-term trajectory for gold prices. In light of today's developments, we will assess the situation based on the incoming news and consider potential long positions accordingly. ✅ Please share your thoughts about GOLD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
OANDA:XAUUSD
by FOREXN1
2
Gold price analysis November 14Fundamental Analysis Gold (XAU/USD) fell for a fifth straight day and dropped to its lowest since September 19, around $2,554-$2,553 heading into the European session on Thursday. The commodity continued to be weighed down by the post-election rally in the US Dollar (USD) that has extended into the new year, bolstered by optimism about the expected expansionary policies of the incoming Trump administration. Meanwhile, Trump’s potentially inflationary tariffs could force the Federal Reserve (Fed) to pause its easing cycle. Moreover, the US Consumer Price Index (CPI) released on Wednesday pointed to slower progress in lowering inflation and could lead to fewer rate cuts next year. This remains supportive of higher US Treasury yields and contributes to outflows from non-yielding gold. Technical analysis The technical price zone in the current European trading session is around 2648 2659. With the recovery from this zone, gold can recover to the 2587 zone in the near future and in the following days can reach back to the 2616 hook. But this scenario is relatively unlikely when the number of fomo sellers is quite large. When the 2648 zone is broken, the fomo chain continues to sell and pushes the gold price down to 2527 and 2503, so prioritize SELL signals at the present time when the price breaks out of 2648. Wish you a successful trading day.
FOREXCOM:XAUUSD
by TVS-Trader
1