Market Analysis and Trading RecommendationsDear traders, over the past few days, I had the pleasure of meeting several VIP members for one-on-one sessions. During these meetings, I provided detailed guidance on trading strategies and methods, which proved highly effective. If any of you would like a similar experience, feel free to book in advance for personalized assistance.
Weekly Market Overview
Last week, we focused on short positions, successfully capturing the downward market momentum. This week, with a lack of significant market-moving news, the trend has shifted to a technical recovery rally. Hence, our primary trading approach will revolve around strategic long positions.
From the current price action, the 2613-2612 zone stands out as a robust support area with dense trading activity. This provides an ideal entry point for long positions, with significant upside potential as highlighted in the chart.
Trading Strategy for Today
Entry Level: Enter long near 2615;
Add Positions: Consider increasing exposure if the price drops to the 2610 area;
Stop-Loss Guidance: Place stop-loss below the critical support level, adjusted to individual risk tolerance.
This strategy is based on a combination of technical analysis and market sentiment, aiming to capitalize on the corrective upward movement. For detailed trading plans, VIP members are encouraged to reach out for exclusive insights.
Reminder: All trades involve risk. Ensure proper position sizing and adherence to your trading plan.
Xauusdshort
Gold’s Next Move: Short Trade Setup Amid Key RetracementGold has retraced to the 0.5 Fibonacci level within the cloud zone, trading above the 200 Moving Average (MA) on the 30-minute timeframe. While the smaller time frame shows a bullish structure, the higher time frame remains firmly bearish. This trade capitalizes on the short-term bullish momentum within the retracement phase, keeping the broader bearish trend in mind for risk management.
Our approach is focused on capitalizing on the retracement for a short position while aligning with the overall bearish trend. If the price fails to hold key levels, a deeper bearish continuation is expected.
Technical Analysis:
• Retracement Level: Gold is at the 0.5 Fibonacci cloud level on the 30-minute chart.
• Moving Average: Currently trading above the 200MA on the lower time frame, indicating temporary bullish momentum.
• Higher Time Frame: Still bearish, reflecting a downtrend in the broader structure.
• Recent Price Action: Gold surged 1.13% above the 200MA, then retraced into the cloud, testing support for the next move.
• Trade Setup: Short-term bearish execution with targets aligned to the broader downtrend, capitalizing on the retracement level as an entry point while considering the smaller time frame’s temporary bullish momentum.
Fundamental Overview:
Gold prices rebounded in Asian trading, supported by easing US Treasury bond yields and a softer US Dollar. Geopolitical tensions between Russia and Ukraine and expectations of further stimulus measures from China provide additional support for gold. However, long-term concerns about US monetary policy and interest rate stability may weigh on the metal’s trajectory.
Traders are closely monitoring signals from Federal Reserve policymakers regarding future rate hikes. Additionally, the market is cautious about potential ripple effects from Nvidia Inc.’s earnings on the broader sentiment.
This trade takes advantage of the short-term bullish retracement on the lower time frame while staying aligned with the higher time frame’s bearish outlook. Proper risk management and vigilance toward key fundamental triggers remain essential.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
XAUUSD:Long and short trading strategy of the day
Yesterday's gold rose all the way, the daily line closed the sun line, we can't deny that the market is always right. We are still insisting on bearism it directly V turned over, the main rising market has a number of reasons, one is the escalation of the situation in Russia and Ukraine, another is the strengthening of interest rate reduction expectations. The recent market is the elevator market straight up and down, yesterday's gold 2564 rose to 2614, and then again pulled up to 2623, up 60 points at present, short-term form and indicators have turned more, but the weekly line has not changed the big short, in the operation first follow the short long low, in the big pressure or to short, Now gold is a big rebound after the big fall, the weekly big V shape has not been formed.
The daily sun will support today's long inertia rise, Asia and Europe period to find the opportunity to bear, if directly pulled up to 2642-2648 this weekly pressure can also be short, short - term back step waiting for more opportunities, 4 hours of strong support has been up to 2589 near, hourly support near 2603. This is the long point, now adjust your mind to follow it.
Support 2603 and 2589, pressure 2629, strong pressure 2642-2648, disc strong and weak water line 2603.
XAUUSD GOLD TRADE IDEAAs mentioned yesterday, the Dollar remains bullish, and I currently have a profitable gold (XAUUSD) trade running with a tight stop loss in place.
For this new setup, I've entered a short position on the 1-hour chart. If the analysis plays out as expected, we could be looking at a potential 3R trade.
I'll continue to post updates as the trade progresses. Feel free to check my profile for more insights and updates!
XAU /USD When they think you are crazy but you have reason for yourself.
XAUUSD after banks manipulation and considering gold world demand curve at the price of 1900$, its ready to drop.
in my opinion anyway it would touch 1820 $.
#market maker footprint
don't forget money management.
be profitable.
Gold Price Analysis November 18Fundamental Analysis
Gold extended its recovery to test $2,600 amid rising Russia-Ukraine tensions, ending a six-day losing streak. The latest gold rally could be due to rising Russia-Ukraine geopolitical tensions after the United States authorized Ukraine to use long-range US weapons to attack Russia.
The greenback’s rally following Donald Trump’s election victory could put some selling pressure on USD-denominated gold. Expectations of higher inflation next year due to Donald Trump’s policies have led to fewer expected rate cuts.
In addition, traders have reduced expectations of lower interest rates in December after Fed Chairman Jerome Powell said the US central bank would not rush to cut, citing “remarkable” economic performance. Higher interest rates tend to drag gold prices lower, as it makes holding non-yielding assets like gold less attractive.
Technical analysis.
Gold prices have reacted at the EMA 34 zone, which is also an important dynamic resistance zone in the Asian session. The price zone of special note today is 2617-2615 at the upper boundary and the Asian session breakout support zone this morning is around 2575. The possibility of an uptrend and the formation of wave 3 has also been established according to the technical chart, so BUY signals will be prioritized today.
XAUUSD Buy new Gold price (XAU/USD) struggles to capitalize on its modest intraday gains to the $2,600 neighborhood, though it manages to hold in positive territory through the early part of the European session on Monday.
Investors remain hopeful that US President-elect Donald Trump's touted expansionary policies will boost inflation and limit the scope for further interest rate cuts by the Fed. This remains supportive of elevated US Treasury bond yields and favors the USD bulls, which, in turn, holds back traders from placing bullish bets around the Gold price. Hence, it will be prudent to wait for strong follow-through buying before positioning for any further recovery from a two-month low set last week.From a technical perspective, the recent sharp pullback from the all-time peak stalled near the 50% retracement level of the June-October rally. The said support, around the $2,536-2,535 area, coincided with the 100-day Simple Moving Average and should now act as a key pivotal point. A convincing break below will be seen as a fresh trigger for bearish traders and pave the way for further losses. The subsequent downfall could drag the Gold price further towards the $2,500 psychological mark en route to the 61.8% Fibo. level, around the $2,480 region.
Trade Plan for Gold (XAUUSD)Gold is currently moving within a descending channel, indicating a downtrend. It is consistently setting lower highs (LH) and lower lows (LL), confirming bearish market sentiment. Additionally, the RSI is in sync with the price action, reinforcing the downtrend.
Entry Point:
Sell at 2603, which serves as the next significant resistance level. This level is also close to the 0.382 Fibonacci retracement derived from the previous Lower High (2709) and Lower Low (2534).
Stop Loss:
Place the stop loss at 2710, above the last Lower High (LH), ensuring protection against false breakouts.
Take Profit Levels:
TP1: 2496, aligning with the lower boundary of the descending channel and maintaining a conservative target.
TP2: 2389, aiming for the continuation of the downtrend if the price breaks the next support levels.
Trade Notes:
Monitor RSI for divergence or loss of momentum near critical levels.
Confirm the continuation of the descending channel by observing price behavior near 2603 before entering the trade.
Adjust the plan dynamically based on any breakouts or unexpected shifts in the broader market sentiment.
GOLD My Opinion! SELL
My dear friends,
GOLD looks like it will make a good move, and here are the details:
The market is trading on 2592.6 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 2576.0
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
GOLD:The trend remained down for the week
Gold fell all the way last week, 2686 fell to 2536 fell to 150 points, weekly pattern big top to determine, weekly trend continues to be bearish, this is the trend, the second is to find a position, short trend is beyond doubt.
The current performance is expected to rebound first repair let continue to fall, bear space will be larger, six trading days closed negative, last Thursday, the daily line appeared a hammer candle pattern, this is a stop down signal, but not the trend change signal, Friday repair today continue to repair, Asia-Europe time we first consider the opportunity to bear.
Based on the previous 4-hour line closed positive line, the short-term rebound will continue, the high of the rebound is near 2597, the actual suppression position is near 2603, Asia-Europe period first rely on this position to short, this week's shock repair small long is also a chance, Asia-Europe period small support is 2570, Friday repair low 2560 is also support, At present, the first estimated space is 2603-2570, according to this range to trade.
Support 2560 and 2570, pressure is 2603, strong pressure 2620 and 2643, disc strength and weakness line 2590.
World gold prices increased stronglyWorld gold prices exploded strongly when the USD dropped. Recorded at 9:30 a.m. on November 18, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 106,562 points (down 0.05%).
Although the short-term technical picture has improved, it is still too early to confirm a bottom.
“Speculators will hope the sell-off since Donald Trump's victory in the US presidential election is over. However, there is nothing to indicate that yet. Gold has fallen every day in the last week, causing the precious metal to lose more than 5% in just four days.”
This week's economic calendar focuses on the US housing sector. The market will get data on U.S. housing starts and building permits for October on Tuesday, MBA mortgage applications on Wednesday and existing home sales for October on Thursday.
Other highlights include the Philly Federal Reserve's manufacturing index on Thursday. Market participants are watching to see whether the Philadelphia region will see a surge in manufacturing activity like New York state.
🔥 XAUUSD SELL 2594 - 2592🔥
💵 TP1: 2580
💵 TP2: 2570
💵 TP3: OPEN
🚫 SL: 2603
XAUUSD Buy confirm 200pipsGold extended its decline, breaking below a major trendline and reaching new lows in the $2,530s on Thursday, after a combination of higher US factory-gate inflation data, lower US unemployment claims data and upbeat commentary from Fed Chairman Powell. Gold bounces off its (blue) 100-day Simple Moving Average (SMA) and attempts a recovery. Still, the precious metal is in a short and probably medium-term downtrend. This, given the principle of technical analysis that “the trend is your friend,” favors a continuation lower. (XAU/USD) trades little changed on Friday, holding steady in the $2,560s after making a slight recovery from the two-month lows reached on the previous day.
GOLD: Long Trade with Entry/SL/TP
GOLD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long GOLD
Entry Point - 2563.2
Stop Loss - 2521.4
Take Profit - 2650.5
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
XAUUSD: Another 1500+ Pips Drop is Coming Up! OANDA:XAUUSD OANDA:XAUUSD
Price dropped to $2537 and then started showing some correction, However at 2577 we some strong resistance, we think price is likely to drop further in coming weeks. This analysis is based on last three analysis so please go through previous analysis. Thank you.
GOLD SHORT next weekhello traders
i think gold going short soon actually earlier monday will be long to 2431 then on late london sesion after it reach its destination its going short.
so we can short after price action confirmation from 2431-2441
first Tp: 2360
second tp: 2311
stop loss: depend on price ation entrance not bigger than2450- 2470
after its rest in last resrvation TP2 it will be seeking for its Long movement up.
Gold XAUUSD How Long This Correction Will Continue! Read CaptionOANDA:XAUUSD forms a retreat and tests 2577 following a fake breakdown of 2546. After such a severe fall, it is a very reasonable response. The dollar is growing more quickly, and the fundamental context is still negative.
China's ambiguous economic figures heightened economic worries. Powell stated that there is no need to lower interest rates right now because the economy is still expanding, the job market is strong, and inflation is still above the 2% target, but this uncertainty regarding future rate reduction by the US Federal Reserve is still weighing on the markets.
Now, everyone's eyes are on the crucial retail sales data.
Technically, it is important to watch the resistance at 2589 and the 0.5-0.7 fibo. Below these areas, a false breakdown and consolidation could lead to a collapse.
Resistance levels: 2578, 2592, 2604.
Support levels: 2543, 2532, 2504
Key : 2565
OANDA:XAUUSD Gold is currently indicating that the pullback up might be a little drawn out. Before the news, MM will probably aim for liquidity (above these levels). Bears may become active in response to a false breakout, which would only boost sales.
However, the likelihood of a breakdown and decline will rise if there is a bounce from 0.5 fibo and a smooth recovery to 2546.
GOLD The Target Is UP! BUY!
My dear subscribers,
This is my opinion on the GOLD next move:
The instrument tests an important psychological level 2567.3
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 - 2632.7
My Stop Loss - 2530.7
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
———————————
WISH YOU ALL LUCK
Sell XAU/USD (Gold) Bearish ChannelThe XAU/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward from a well-defined Bearish Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 2560, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2524
2nd Support – 2501
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
XAUUSD: Buy at low level, target 2578-2590The first rebound after the significant drop is basically over, and it has already reached the resistance area. During the upcoming retest, pay attention to the support near the previous low.
Just like the strategy I gave when the market rebounded to around 2620 last time, this time we should also watch for a potential W-shaped trend. If it appears, a rebound to the 2578-2590 range should not be a big issue. So, for tomorrow's trading, the focus should be on buying at lower levels.
For those who enjoy scalping, don't be too greedy during the trade—keep an eye on the rhythm, and don't neglect risk management.
If you have any questions, feel free to leave me a message.