GOLD increased thanks to the weakening of the USDOANDA:XAUUSD rose, boosted by the weakening of the USD and safe-haven demand due to concerns about persistent geopolitical tensions. Despite recovering in the final trading session of the week, gold still recorded its worst month of performance since September 2023.
The US Dollar Index fell to its lowest in more than two weeks, but was still up 2% in November as Republican Donald Trump's victory earlier this month boosted expectations of big fiscal spending. , higher tariffs and tighter borders.
This month, gold prices have fallen more than 3%, the worst monthly decline since September last year. After Mr. Trump's victory, the USD continuously increased in price and triggered a strong sell-off in the gold market.
OANDA:XAUUSD forecast
Geopolitical instability is still increasing, gold prices may still increase in the near future. Gold is often considered a safe investment in times of economic and geopolitical instability such as trade tensions or conflict.
The new administration's policies in the US can impact economies, causing the central bank to increase gold reserves. This prompted a sharp increase in gold trading by central banks. This is the group that bought the most gold on the market recently.
BCA Research recommends buying gold when prices fall due to long-term prospects. Gold is a commodity that benefits from the policies of the new administration in the US. Increased global policy uncertainty will support gold buying demand.
Commodities
End of Year Palladium Bull Run \o/From the current notation, I see this leveraged ETF on Palladium rising approximately 45% until the end of the year. The reasons are as follows:
Fundamental Factors : With increasing sanctions on Russia, one of the main exporters of palladium, global supply may become constrained. Furthermore, inflationary pressures might drive commodity prices higher. Technical Indicators : The Palladium chart has recently formed a higher high, and a higher low appears to be developing. The price has crossed above the 200-day SMA, and now the 30-, 50-, and 200-day SMAs are bullishly aligned. Seasonality: The seasonal strength in OANDA:XPDUSD is expected to begin the week after next.
So, we could get ready for rising prices in Palladium!
Gold Rebounds: Geopolitical Tensions and a Weaker Dollar Drive tGold Rebounds: Geopolitical Tensions and a Weaker Dollar Drive the Recovery
Gold prices have rebounded after a recent dip, which followed reports of a ceasefire agreement between Israel and Hezbollah. Despite this temporary pullback, the broader dynamics supporting gold remain intact, driven by geopolitical uncertainty, inflation concerns, and central bank policies.
Geopolitical Tensions Support Gold
One of the primary factors behind gold’s continued strength is the persistence of geopolitical risks. The ongoing conflict in Ukraine keeps investors seeking safe-haven assets, with gold standing out as a key hedge against global instability. Even with temporary easing of tensions in the Middle East, the broader geopolitical landscape remains a strong support for gold prices.
US Dollar Weakness Boosts Gold
US economic data presented a mixed picture, which weakened the dollar and provided a boost to gold prices:
- **US GDP QoQ (2nd Estimate):** 2.8%, in line with forecasts, indicating steady economic growth.
- **US Initial Jobless Claims:** Reported at 213K, slightly better than the forecast of 215K, showcasing a stable labor market.
- **US Durable Goods Orders:** Increased by 0.2%, below expectations of 0.5%, signaling a softer investment demand.
- **US PCE Price Index YoY:** Rose to 2.3%, matching forecasts but higher than the previous 2.1%.
- **US Core PCE Price Index YoY:** Climbed to 2.8%, in line with expectations but up from the prior 2.7%.
These figures weakened the US dollar, which typically moves inversely to gold, making the precious metal more attractive to global investors.
Inflation Concerns and Central Bank Activity
Inflation remains a key driver for gold. Planned tariffs on imported goods, proposed by future President Donald Trump, could exacerbate inflationary pressures in the US, further boosting gold’s appeal as an inflation hedge.
Moreover, gold continues to benefit from a global environment of falling interest rates. Lower rates reduce the opportunity cost of holding non-yielding assets like gold, while central bank purchases add strong, consistent demand to the market.
Emerging Market Demand Strengthens Gold
Emerging economies, such as China and India, play a critical role in gold’s price trajectory. In these regions, gold holds significant cultural and investment value, and rising wealth levels contribute to increasing demand. This structural support further solidifies gold’s position as a long-term investment choice.
What’s Next for Gold?
Gold’s rebound highlights its resilience amid shifting global dynamics. While geopolitical developments like the ceasefire in the Middle East can trigger short-term volatility, the broader drivers—geopolitical tensions, inflation fears, and central bank policies—remain firmly in place.
As the dollar shows signs of softening, gold is likely to maintain its upward momentum in the long term. Is this the beginning of a renewed rally for gold, or will further global developments bring new challenges? Share your insights in the comments!
XAUUSD_1D&1W_Buyhello
gold analysis In the medium and long term time frame Elliott wave analysis style The market is in an upward trend that we are big in the 5th wave in the form of Elliott waves in the weekly and long-term time. And in the daily and mid-term time, we are big in wave 4 of 5, the bottom of wave 4 can be considered the range of $2444, and as long as we are above this number, this analysis is valid. The targets and resistances of wave 5 of the 5 biggest numbers are 2777 dollars and 3000 dollars, respectively, and the final number is 3300 dollars.
GOLD ROUTE MAP UPDATEHey Everyone,
A fantastic finish to the week after completing our full swing range twice on our 1h chart. We finish off the week with an update on the 4h chart we shared last Sunday.
We started the week with bearish gap completed below at 2694, with ema5 cross and lock opening 2654, which was also hit and then followed with another lock below 2654 opening 2611 to complete the retracement range.
- This was completed perfectly with no further lock below 2611, confirming the rejection and giving our weighted level bounce exactly like we always state on our analysis.
The beauty of our strategy allows us to trade buys with the Bull and when bearish like this week; we are able to use our weighted levels to buy dips from the bounces, perfectly inline with our plans to buy dips.
We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead.
Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Gold will Go UP at least to PRZ!!!Gold ( OANDA:XAUUSD ) started to rise again after the conflict started in Syria as if the Middle East does not want to be calm (unfortunately). Every day is a new story.
Gold started to rise again from the Support zone($2,644-$2,624) after the high point and is moving in an ascending channel .
According to the Elliott wave theory , Gold seems to have succeeded in completing microwave 4 , and we should wait for it to rise again .
I expect Gold to rise at least to the upper line of the Ascending Channel and Potential Reversal Zone(PRZ)($2,675-$2,668) .
⚠️Note: We can expect more dumps if gold touches $2,647.⚠️
🔔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.
XAUUSD:29/11 Today's Market Analysis and StrategyGold technical analysis
Daily resistance 2700, support below 2634
Four-hour resistance 2688, support below 2647
Gold breaks upwards, gold starts to strengthen, we continue to go long. Buy gold directly near 2650 in the NY market!
Gold breaks through the convergent triangle pattern in the Asian session, and gold finally chooses to break upwards. Gold bulls exert their strength, and the gold 1-hour moving average also diverges upwards. Continue to go long when gold falls back.
Gold will go Down by Bearish Flag Pattern!!!GDP , Unemployment Claims , and Core PCE data were announced almost as expected .
If the Unemployment Claims, GDP, and Core PCE data are released in line with expectations, their impact on the markets is usually limited because:
1-Priced-In Effect :
Markets tend to adjust their pricing ahead of time based on forecasts. As a result, data matching expectations typically does not provoke major market reactions unless there are surprises in other economic indicators.
2-Market Stability :
When key indicators align with predictions, investors often maintain their current strategies, leading to reduced volatility unless new risks or external shocks emerge.
3-Monetary Policy Implications :
Data in line with expectations generally confirms the prevailing outlook for monetary policy. For example:
But today's important news was the signing of the ceasefire between Lebanon and Israel , which can reduce tensions in the Middle East and be a factor in preventing Gold from rising again .
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Gold ( OANDA:XAUUSD ) is moving in the Support zone($2,644-$2,625) .
From the point of view of Classical Technical Analysis , it seems that Gold has succeeded in forming a Bearish Flag Pattern , we can confirm this pattern by breaking the lower line of the ascending channel .
According to the Elliott wave theory , Gold has succeeded in completing the main wave 4 , and we should wait for main wave 5 .
Based on the explanation above, I expect Gold to continue to decline to at least the Support zone($2,605-$2,584) .
🔔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.
Continue to hold long gold positionsBros, as I said in my last article, since gold has chosen to break upward after the shock, there will not be much retracement in a short period of time. Although gold has encountered resistance and fallen back near the 2665 position many times in the short term, as long as it does not fall below the 2660-2655 area during the decline, then gold must have room to rise.
For this round of gold rise, I think gold is likely to try to touch the 2680 area. So we can hold the long positions we currently hold with confidence and wait for the profit to expand!
Bros, are you following me to go long on gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Silver 4hr Timeframe Silver has risen by 3.90% in just over a day. I anticipate a reaction around the 30.7399–30.8383 zone due to multiple confluences, including a reversal point, a 4-hour order block, the 0.618 Fibonacci level, an ascending trendline from November 13th, and structural factors. This area presents a potential sell opportunity, with a target drop to the 30.2753 level.
Meanwhile, gold is approaching my area of interest, which appears to be another promising sell setup. If both gold and silver align as sell opportunities, it’s a strong indication of market synchronization, increasing the likelihood of this scenario playing out.
Dollar Index Basket
Is now reacting off my area of interest I expect double tap to then move higher
Gold 1hr
my area of interest for gold 2669.412 -2673.545
Silver, bullish or bearish? Greetings, traders! Welcome to this Silver (XAGUSD) market analysis, where we focus on identifying higher-probability trading opportunities.
In this video, I start by analyzing the yearly down to the daily charts, highlighting key trading zones, and discussing the confirmations we look for to optimize our swing entries.
If you like the breakdown, boost the idea and follow to receive more ideas.
Trade safely
PLATINUM Huge buy opportunity at the bottom of the Channel Up.Platinum (XPTUSD) has been trading within a Channel Up for almost 1.5 year and currently it is testing the pattern's bottom. This process is similar to the Lower Lows bottom sequence of February 12 2024.
As you can see, even the 1D MACD fractals are the same and we are about to post the decisive Bullish Cross that signals the buy. As long as the price remains below the 1D MA50 (blue trend-line), it is a huge long-term buy opportunity.
The previous Bullish Leg hit the 1.236 Fibonacci extension within the Channel Up and peaked above it on the 1.5 Fib ext. As a result, our technical Target is on the modest 1.236 Fib at 1090.
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GOLD → Interest in metal is growingFX:XAUUSD on the background of support from the dollar correction updates local maximums and aspires to the liquidity zone. Reduced liquidity due to the holiday weekend in the West also plays its role on the markets
Gold holds within the boundaries of the local ascending channel on the background of restrained dynamics of the US dollar, mainly due to the data on inflation... Dovish sentiment regarding further Fed policy actions continues to support the gold price, which is not a subject of interest.
There is growing interest in gold as a hedge asset on the back of the exalized conflict in Syria, as well as in Eastern Europe.
Technically, the emphasis is on the channel borders, as well as on the resistance of 2677 and 2690. A sharp approach of the price to these zones may provoke a pullback.
Resistance levels: 2667, 2677, 2690
Support levels: 2660, 2654
If the bears hold 2660, the gold may correct to the channel support. But at the moment the price is heading towards the resistance. Keep an eye on these levels!
Regards R. Linda!
XAGUSD - Silver will stabilize above $30?!Silver is located between EMA200 and EMA50 in the 4H timeframe and is moving in its medium-term ascending channel. If the decline continues, we can see the demand zones and buy within that zones with the appropriate risk reward.
The first range is suitable for short-term transactions and the second range is suitable for medium-term transactions.
Peter Krauth, author of The Great Silver Bull and publisher of SilverStockInvestor, has stated that silver could achieve substantial gains during a rate-cutting cycle, with advancements in artificial intelligence potentially emerging as a new driver of demand. Krauth examined the silver market and investment opportunities for 2025, highlighting the significant impact of Federal Reserve rate cuts on silver prices, a point supported by historical data.
He explained, “In the last three rate-cutting cycles, if you look at silver prices from trough to peak, silver has, on average, risen by 332%.” Krauth added, “This process might take about one to two years, but it still offers remarkable returns, doesn’t it? You can review the data—this is how silver has historically performed.”
He further noted that if the U.S. economy enters a recession—an outcome many analysts forecast for the first half of 2025—silver could deliver outstanding performance.
Meanwhile, Donald Trump, the U.S. President-elect, has outlined extensive plans to reshape the nation’s energy policies. According to news sources, Trump intends to request funding from Congress to replenish the Strategic Petroleum Reserve. His transition team is preparing a comprehensive energy policy agenda to be implemented shortly after he assumes office.
Trump also aims to repeal President Biden’s clean energy initiatives and prioritize natural gas. He may condition U.S. financial support for the International Energy Agency (IEA) on its refocusing towards oil and gas while countering its emphasis on green energy.
At the same time, analysts at Deutsche Bank have expressed concerns that the Federal Reserve might cancel its anticipated December rate cut. These concerns stem from stronger-than-expected economic resilience, a stable labor market, and persistent inflation above 2.5%.
Although the analysts still forecast a rate cut in December, the risk of a delay has increased. They predict that the federal funds rate will reach 4.375% by the end of 2025, exceeding the estimated neutral range. This suggests that the Fed may maintain higher rates for an extended period.
Furthermore, Deutsche Bank expects the Federal Reserve to lower rates to a neutral range of 3.75-4.00% in 2026 and 2027, as the impact of tariffs is likely to gradually reduce private domestic demand, creating room for more rate cuts in the long term.
GOLD Expected Growth! BUY!
My dear friends,
Please, find my technical outlook for GOLD below:
The price is coiling around a solid key level - 2632.0
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 2663.4
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
SILVER Massive Long! BUY!
My dear friends,
Please, find my technical outlook for SILVER below:
The instrument tests an important psychological level 30.151
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 30.562
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK