Gold Roadmap==>>Starting to RisingAs I ✅ expected ✅, Gold ( OANDA:XAUUSD ) started to correct from the Potential Reversal Zone(PRZ) , and after breaking the Ascending Channel , it managed to break the 50_SMA(Daily) as well.
Gold is moving near the Support zone($2,603-$2,584) and Support lines .
According to the Elliott wave theory , the first corrective wave of Gold ( main wave 5 ) can be completed in the Support zone($2,603-$2,584) .
Also, Regular Divergence(RD+) between Consecutive Valleys .
I expect Gold to Go up to at least the Broken Support zone($2,640-$2,624) .
⚠️Note: We should expect more dumps if Gold goes below the Support zone($2,603-$2,584).⚠️
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 4-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.
Goldprediction
GOLD Hits Local Top—$2400 First, Then New Highs AheadTime to Get Serious with TVC:GOLD OANDA:XAUUSD
Weekly chart printed a reversal signal right before the election date. If this signals follows through and closes below $2600 by the end of the week, we could potentially see prices drop below $2400.
The monthly chart looks strong overall, with TVC:GOLD being slightly overextended beyond the second target and failing to reach the $2900 level. This timeframe also points to $2300 as a good area to consider buying back.
This will likely take weeks to come to fruition. Expect prices to potentially range around current levels, with $2750 being a key area to keep shorting until it breaks.
Q2 should bring some positive movement for TVC:GOLD , but for now, it seems like a local top, and a new consolidation phase above prev ATHs (All-Time Highs) is likely to form in the coming months.
GOLD ROUTE MAP UPDATEHey Everyone,
Following on from yesterdays update; After getting the bounce from the swing range for 50 pips, we saw ema5 cross and lock below the swing range, opening the support structure - This was hit today!
We are now expecting a reactional bounce here for support. If the support structure holds with no ema5 lock we are likely to see levels above tested. However, if we see ema5 cross and lock below the full support structure then we will see a break out below. We will update our Goldturn levels on our next update if needed.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2694
EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET
2724
EMA5 CROSS AND LOCK ABOVE 2724 WILL OPEN THE FOLLOWING BULLISH TARGET
2754
EMA5 CROSS AND LOCK ABOVE 2754 WILL OPEN THE FOLLOWING BULLISH TARGET
2784
BEARISH TARGETS
2665 - DONE
EMA5 CROSS AND LOCK BELOW 2665 WILL OPEN THE SWING RANGE RANGE
SWING RANGE
2640 - 2611 - DONE
EMA5 CROSS AND LOCK BELOW 2611 WILL OPEN THE SUPPORT STRUCTURE
SUPORT STRUCTURE
2583 (DONE) - 2564
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Gold Analysis November 13fundamental analysis
Gold prices pared some of their modest intraday gains, although they held above $2,600 heading into the European session on Wednesday. Uncertainty over the extent of trade tariffs promised by U.S. President-elect Donald Trump and their impact on the global economy dampened investor appetite for riskier assets, spurring some flows into the precious metal. In addition, some repositioning ahead of U.S. consumer inflation data turned out to be another supportive factor for the commodity.
Meanwhile, the U.S. dollar (USD) held steady at its highest level since early May amid hopes that Trump’s expansionary policies could boost inflation and limit the scope for Federal Reserve (Fed) rate cuts. The outlook still favors rising US Treasury yields, which, in turn, restrains any further upside for non-yielding Gold.
Technical Analysis
Yesterday, Gold fell back to the 618 Fibo extension level and this morning broke down from 2598 and flew up to 2613. We are currently waiting for a Break to find a Buy point, or at least a correction to the Retracement point at 2603 to detect a Buy signal, because at 2608 like this is a bit half-hearted. Choosing an uptrend for today, but it is only a correction, so before tonight's news, I will choose to buy with a short TP to the 2625 area (in case of breakout at 2615)
The SELL levels of 2625 - 2627, 2644 - 2646, 2658 - 2660 will be updated immediately at the time of real-time signal, the admins will notify.
The best Buy signal below is to wait for a break of 2593, the price will return to the levels of 2586, 2576 - 2574, a false break through 2565 to catch the entry of 2562 is also good, for other areas, scalp and don't expect too long, at least from the 2574 area onwards to think about holding.
GOLD BUYING ON DIP TILL 2900$HELLO FRIENDS
As I can see gold had done a retracement from ATH 2790 TO 2590$ It was a 1000+ pips retracement and have a look on Fib retracement it kiss golden ratio 0.50 and made a fake breakout to the support channel today candle closing above this support zone is another clue for a new Bull Run of incoming year 2025 as we can see geopolitical tension are escalating and still there is nor cease fire Trump is just a Hope for US not a Full Solution to set the economy in my view he is the man who is just only a hope but it will not work charts are crystal clear Tomorrow CPI Data can create some volatility in markets so make a proper sear is just a trade idea with small risk and big rewards we are looking for ur support and love boost it so many other new traders can join the rally Stay Tuned for more updates
XAUUSD, 15-MINUTES TIMEFRAME CHARTXAUUSD, 15-MINUTES TIMEFRAME CHART
XAUUSD CAPITALCOM:GOLD touched the resistance level of 2,613.00
General outlook
XAUUSD has been under buying pressure within the last hour. The pair moved to the resistance level of 2,613.00.
Possible scenario
The best way to use this opportunity is to place a buy limit order at 2,608.
Set your stop loss at 2,615. below the previous low ($8.00 loss for 0.01 lot) and take profit at 2,588. ($20.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
OANDA:XAUUSD CAPITALCOM:GOLD
The $2680 Question: Will Gold Correct or Continue to Fall?The current chart setup for Gold is decidedly bearish: we’re seeing a breakdown through key support and a local low. This is clear and hard to miss. Retail traders are diving in, buying the dip, and they’re not in a rush to close their long positions, hoping to ride it out. This sentiment is actually quite good for the bearish trend.
That said, when we zoom out and look at the bigger picture, a potential correction to around $2680 is on the radar. It might not happen, of course; I’m not a fortune teller. But it’s definitely a possibility worth considering.
Here’s the reasoning behind this potential correction scenario:
We have a solid liquidity level where buyers could be lurking, and there were compelling visual cues to establish positions there (uptrend + buying after a pullback + following a strong bullish candle). Plus, the open data backs this up (see attached screen)
So, if we do see that correction materialize, I’ll be looking to open some shorts at that level.
Long Position Stuck, Currently Reversing the LossesYesterday, the long position got stuck, but I have been using scalping on shorter timeframes to recover the losses, and now it's turned into a profit. With the remaining time today, I believe gold will rise to around 2630. During the process, I adjusted stop-loss levels and position sizes flexibly, capturing short-term fluctuations to turn the situation from a loss into a profit. Moving forward, if the price of gold continues to rise, I will maintain the long position and adjust the strategy according to market movements, with the target around the 2630 level.
XAUUSD (Gold) - Major Breakdown Expected, Targeting 2600Gold (XAU/USD) is currently showing signs of exhaustion after a prolonged bullish rally that has taken the price above $2,700. Based on technical indicators and key levels, we are approaching a critical juncture where a major breakdown could be imminent.
Key Levels and Targets:
Bounce back test: $2,474
This level represents a possible short-term rebound zone before the downtrend resumes. It aligns with previous minor support, acting as a key resistance for now.
Critical Break-Down Level: $2,720
The price has been hovering around $2,720, which is a crucial support level. A daily or weekly close below this level would likely confirm a stronger downward move.
Ultimate Target: $2,600
Once the break of $2,720 is confirmed, the next major target stands at $2,600. This level represents a deeper retracement in line with the completion of a larger cycle of profit-taking in the broader market.
Technical Indicators:
RSI Divergence: The Relative Strength Index (RSI) shows bearish divergence, signaling a potential reversal from overbought conditions.
Bearish Flag Pattern: There is a bearish flag forming, which typically precedes a strong breakdown. The current price action fits within this pattern, further supporting a potential downside move.
Scenario Planning:
Bearish Scenario: A confirmed break below $2,720 is expected to trigger a quick move down to $2,600. At this point, it would confirm a reversal in the current rally, potentially signaling the end of the ongoing bull trend.
Bullish Scenario (Less Likely): If prices manage to hold above $2,720 and break above the resistance at $2,748, the bull trend could resume, possibly testing the previous highs.
GOLD Every Rise Has Its Sunset- From 2000 to today, gold has surged by an impressive 1000%, a remarkable performance for the world's leading asset.
- Keep in mind, every ascent is bound to face a descent someday.
- I’ll skip the deep dive into politics and fundamentals, but the picture is clear: with Trump winning the election, peace could make a comeback. Gold typically rises when fears of war spike, but as those fears ease, its value tends to drop.
- As always, the chart tells the story. Take a look at the Fibonacci levels— a prime buying opportunity is likely to emerge in the $1200 to $800 range.
- i will post in comments my older Gold Analysis.
Happy Tr4Ding !
GOLD UPDATESFOr this idea it might sketchy, waiting for volume.
wait for retrace or it will continue to go higher 2737. this idea base on 1hr only.
we see small liquidity above.
longs sketchy too.
this is not a financial advice.
Target for shorts last day low.
or lower.
I will update if this idea works this week.
This is not a financial advice.
Follow for more
Gold trading strategy november 12Fundamental Analysis
Gold prices fell to $2,600, or a fresh one-month low, heading into Tuesday’s European session on continued buying of the US dollar (USD). Investors remained hopeful that US President-elect Donald Trump’s expected expansionary policies could boost economic growth and boost inflation, limiting the scope for the Federal Reserve to ease policy. This sent US Treasury yields higher, further supporting the greenback and dragging the non-yielding yellow metal lower for a third straight day.
It was also the fourth negative move in the past five days for safe-haven gold, which appeared unaffected by concerns that Trump’s protectionist stance could spark a trade war. It will now be interesting to see whether the shorts retain control or choose to reduce their bets ahead of speeches from a host of influential FOMC members, including Fed Chair Jerome Powell, on Thursday. In addition, US consumer inflation figures on Wednesday will be looked at for clues on the Fed's rate cut path and provide fresh impetus to XAU/USD.
Technical Analysis
Gold prices broke the last support zone of 2606 and headed towards the 2582-2580 zone. Waiting for gold to close below the 2606 area on m30 and SELL signals to be established towards the 268x zone. Waiting for the early US session if the front port zone around 2592 is broken, then hold the sell signal to 258x. If it fails to break 2592, close SELL BUY at the beginning of the short scalp session back to zone 06 and continue SELL to trade within the range.
GOLD - at his final support? what's next??#GOLD.. perfectly hit our targeted area that was share in my last idea.
now keep close the our fresh region. that is from 2613 14 to 2620 21
that region is one n only hope for buyers. keep close it guys.
that is single hope for buyers. if market hold it in that case you can see again bounce from here. otherwise not at all.
dont be lazy here. stay sharp.
good luck
trade wisely
XAU/USD "Gold Dollar" Market Money Heist Plan on Bearish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑💰
This is our master plan to Heist XAU/USD "Gold Dollar" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss 🛑: Recent Swing High using 1h timeframe
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Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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GOLD SELLING ZONE WITH CPI AHEAD 4HRHELLO TRADERS
As I can see Gold on shorter TF it could drop till these levels bestselling zone drawn based on technical re-test after breakout to downside on channel and tested fib Golden ratio 0.50 Friends chart is easy and simple to read technically we can see a stronger DXY pulling toward 106.00 levels geopolitical issue are going on but technically its was overbought and Weekley RSI above on 70 zone incoming strong CPI Data can make some volatile moves in markets this week Russian president Putin Continue talk with Trump on Ukraine War Friends it's just a trade idea only based on technical analysis share Ur thoughts with us and Stay Tuned for more updates
GOLDD - at most expensive trend line, whats next ??#GOLD.. perfect move as per our video analysis and now market at his most expensive trend line, keep close it.
and if market clear that trend line it means you can see a drop from here,
check out market hold it 3 to 4 times in history and after that check in 4 hours and hourly chat.
dont be lazy here.
good luck
trade wisely
XAUUSD, 15-MINUTES TIMEFRAME CHARTXAUUSD, 15-minute timeframe chart
General outlook
XAUUSD has been under selling pressure within the last couble of hours. The pair moved up to the support level of 2,668.00.
Possible scenario
The best way to use this opportunity is to place a buy order at 2,672.
Set your stop loss at 2,665. below the previous low ($7.00 loss for 0.01 lot) and take profit at 2,688. ($16.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
When will the gold adjustment end?
Risk Warning on Monday
Undecided, Japan convenes a special parliament to elect a prime minister.
Trump's victory not only triggered a sharp reaction in the market, but also made investors pay deep attention to the potential impact of future policies. Over the past month, the uncertainty risk of the general election has been the focus of the market, and the election has led to capital outflows from metals to other assets. This capital flow reflects the market's optimistic expectations for Trump's policies, especially the economic stimulus measures he may implement.
Although the Federal Reserve cut interest rates by 25 basis points last Thursday, Powell expressed caution about further rate cuts, which changed the market's expectations for the Federal Reserve's monetary policy. Interest rate futures show that the market's probability of the Federal Reserve cutting interest rates in December has dropped from 72% to 64%, while the probability of keeping interest rates unchanged has risen to 36%. This change reflects the market's expectations of economic growth and rising inflation that may be caused by Trump's policies.
The US dollar index rose 0.59% to 104.95 on Friday, with a weekly increase of 0.61%. The strong performance of consumer confidence also provided support for the US dollar. According to survey results, US consumer confidence rose to a seven-month high in early November. This data was released before the election and showed optimistic expectations of households for the future. The market is waiting for further clarity on US policies. Until then, the dollar will trade based on economic data and expectations of the Fed's easing path. This view emphasizes the importance of economic data in the current market environment.
Although Trump's economic policy proposals, including increasing trade tariffs, cracking down on illegal immigration, lowering taxes and relaxing business regulations, may promote economic growth and inflation, there is still great uncertainty about the specific implementation of policies in the short term. The market is trying to figure out the gap between Trump's policy promises and actual feasibility.
Trump's election may put the US fiscal health at greater risk, especially in the absence of effective measures to limit the fiscal deficit. This view further deepens the market's attention on future economic policies.
Geopolitical factors are also affecting the gold market. The continuation of the Russia-Ukraine conflict and turmoil in the Middle East may limit the correction space of gold prices in the medium and long term. Although the uncertainty of US domestic policies has exacerbated market volatility, the tense international situation has also provided a certain safe-haven demand for gold.
After the dust settled on the US presidential election, the gold market has seen significant fluctuations. Last Friday, the price of gold fell 0.8% and the weekly line fell 1.85%, hitting the largest weekly drop in more than five months.
Today, investors are paying attention to the daily support area of 2650 below. After gold has stabilized after a correction, continue to participate in gold bulls and pay attention to the continuation of the gold bull daily line.
At the same time, today is the US Veterans Day and the Armistice Day of World War I. Banks and bond markets in Europe and North America will be closed, but other markets will be open as usual. Investors need to pay special attention.
XAU/USD Longs from 2,66.000 back up?My analysis this week suggests that gold may accumulate around my point of interest at 2,660.00, where a 9-hour demand zone has formed. With liquidity and imbalance left to the upside, price might look to continue in its pro-trend direction.
Alternate Scenario: If price reaches the area around 2,740.00, we might see a retracement or bearish reaction. Given recent bearish pressure that’s led to a CHoCH and BOS, this scenario could align with the current order flow.
Confluences for GOLD Buys:
- A clean, unmitigated demand zone below.
- DXY has shown strong upside movement and may be due for a pullback.
- Significant liquidity lies to the upside.
- The overall market trend remains bullish.
P.S. If price respects the 9-hour supply zone and continues breaking structure to the downside, it could validate a temporary bearish move. Have a great trading week!
Why Gold Could See a 15% Correction Before the Next RallyGold, sitting at around $2,700, boasts an impressive 32.1% YTD performance. However, we're anticipating a significant 10-15% correction from current levels.
This past week's market dynamics are telling: the Russell 2000 surged 8.57%, $500B flowed into crypto markets signaling renewed risk appetite, while gold recorded its steepest weekly drop (-1.98%) since May 2024.
While these factors shape our near-term bearish outlook, persistent economic risks reinforce our long-term bullish stance on gold for the next couple of years.