Goldtradingsetup
XAUUSD: 28/11 Buy Gold Target 2020~2028Looking at the daily trend chart, gold opened higher and closed at a high level yesterday. The daily line included a big positive line, further continuing the bullish pattern, and the bullish thinking will continue in the future. At the four-hour level, gold rose after continuous shocks, further broke through the previous resistance level in 2007 and moved higher, while touching a new high level in 2018, indicating that the gold price shock has moved up a level, and the golden cross of the moving average system diverges upward, marking a short-term watershed between long and short. At the 1996 line, if this level breaks below, it will change the overall bullish pattern, and the upper resistance level will focus on 2028.
Gold continues its bullish thinking. In terms of operation, it is mainly based on long orders based on callbacks. The resistance of 2020-2028 US dollars is at the top, and the support is focused on 2007-1996 at the bottom. Gold can be purchased above 2007.
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XAU/USD: Continue BuyingResistance above gold lies at 2015, resulting in a downward pressure. However, the upward trend remains unchanged. In the short term, focus on the range between 2000-2015. Buying attempts can be continued on declines, with a reassessment of the trading direction if a fall below $2000 occurs.
XAU/USD: Buy @ 2007 SL: 1999 TP: 2015-2020
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XAUUSD:27/11 Market AnalysisOn Monday, the precious metals market suddenly experienced a sharp rise. The price of spot gold climbed rapidly from a level of just above 2,000, reaching a peak of 2018.12. Currently, the price of gold has fallen back to around 2010, but it still rose by more than $10 during the day.
Gold opened strongly on Monday, with prices continuing to rise into 2018 before hitting resistance. The bulls still managed to break out to new highs. The market is currently looking for support to pull back. Judging from the daily chart, gold is still in a bullish trend, and its recent shock range is around 2007. An immediate breakout after today's open suggests gold is poised for another leg up. From a four-hour perspective, gold's Bollinger Bands are opening upward, and gold prices are running between the middle and upper rails. The market is currently in a high-level shock consolidation stage, with rising lows. The Bollinger Bands are opening upward, and MA5 and MA10 form a golden cross, which implies that gold's current upward momentum is very strong. Therefore, gold remains in a strong bullish trend. Operating with the trend will be more likely to succeed, while operating against the trend will easily lead to confusion. So we have to be long gold
Comprehensive analysis: Gold prices rose sharply in Asia today, and bulls opened up new quotation space. In subsequent operations, you can consider setting SL near 2000 to buy gold.
Gold's Outlook: Beyond $2,000 with Eyes on Powell's Address Gold reclaimed the US$2,000 threshold yesterday, marking its return to this level for the first time since May, after the US dollar weakened against most major currencies on Monday. The US dollar is now on track for its largest monthly decline in a year, largely because the market is anticipating that the Federal Reserve might initiate interest rate cuts in the first half of next year. Although, it is the opinion of some (including me), that talking about rate cuts at this point is way too soon.
Coming up this week is EU inflation data on Thursday, followed by the US Fed Chair Jerome Powell’s address on Friday.
The former might give us some movement in the EURUSD, as the data might create more divergence between the ECBs outlooks and the US Feds.
The latter might give us further clues as to the Fed’s timeline in regard to rate cuts, but don’t hold your breath. Bear in mind, a lack of detail concerning this timeline could be just as consequential for the US dollar and gold. For now, in gold, the Elliott Wave indicator is pointing toward a neutral to bullish outlook, with a couple legs in a cycle left to be completed.
If the cycle plays out, we might like to look at multi month highs above US$2,020, where the price peaked earlier. Pullbacks are forecast just below the $2,000 threshold, so this level will remain of interest for some time.
XAU/USD: 26 Consecutive Profitable Signals
All long signals from last week were profitable, indicating that the upward trend has not concluded. This week, we continue to initiate long positions, aligning with trend trading.
XAU/USD Buy @ 2007-2012
SL: 2002
TP1: 2020
TP2: 2030
Daily trading signals will be shared, with the current accuracy rate reaching 98%. Do not miss out on profitable opportunities!
Gold going Long after zone breakage The zone from the last high last Tuesday, November 21st 2023. We have had enough momentum to break the zone from 2004.47 to 2007.54. The confirmation with candle closes indicates that we still have more volume to go upwards. I will be stopping at 120 pts but i have also taken extra positions to average out the trades
GOLD Upexpected (FOR ME) push up - What could it mean?Hey guys Brandon here, ekatatrading..So I wanna briefly discuss what I am seeing on gold as of right now and this will very likely be my last update for the week on gold
I'd be honest this bull push that is occurring right now was very unexpected FOR ME, I didn't see that coming - but I'd love to hear from the guys who will make B.S statements such as oh they absolutely did lol
The facts are - Gold is in between two levels
1. The upper level in which sellers would be heavily interested
AND
2. The lower level (from yesterdays low) in which buyers would have heavily bought both yesterday and today
My problem is because price is literally in the middle of these two points at this time it could go either way and that creates problems for me the trader
I can't discern where it is likely to go so the best bet is to sit and wait on more information
I do However feel like a push up, take out sellers at the high and then crash down temporarily makes more sense for now though
Downvote if you didn't listen to everything I had to say and don't understand what I am thinking
OR
Upvote\BOOST if you did listen to everything I had to say and do understand what I am thinking
*This will show you who actually takes the time to read\listen to when someone posts an analysis*
XAU/USD: Signal for Account Doubling
Due to holiday influences, market volatility has been exceptionally low today, with short-term adjustments observed. However, I believe that gold will continue its upward trend, presenting opportunities for long positions during declines. A prudent approach to the market is advised, avoiding reliance on chance outcomes.
Daily dissemination of trading signals is guaranteed, with the current accuracy rate reaching 98%. Do not miss out on profit opportunities!
Why GOLD is unlikely to move (MUCH) due to THANKSGIVINGGood Morning folks Brandon here, Ekatatrading..Gold may be moving into a slow period..Possible consolidation
Today is a US bank holiday due to Thanksgiving
This doesn't mean that GOLD won't move
But truth be told I am not seeing any clear induction at this time which means to me - Everyone is actively being induced (both buyers and sellers)
My play today is to watch gold and wait for it to show me a better hand
Until then, see you guys tomorrow
XAU/USD: Signal for Account Doubling
Initiating long positions in gold has been ongoing since the beginning of this week, resulting in renewed profitability. Despite the awareness of many individuals facing losses in short positions, it must be emphasized that gold is expected to continue its upward trajectory, presenting opportunities for further long positions during declines. A rational approach to the market is advised, eschewing reliance on speculative outcomes.
Daily dissemination of trading signals is assured, with the current accuracy rate reaching 98%. Do not miss out on profit opportunities!
GOLD: Gold briefly rose above $2,000 as the dollar fell.Gold surpassed the threshold of 2,000 USD/oz in Tuesday's trading session thanks to expectations that interest rates of the US Federal Reserve (Fed) have peaked. The latest meeting minutes show that the central bank is quite cautious about raising interest rates further.
Spot gold contracts increased 1.07% to 1,998,356 USD/oz after at one point during the session hitting a 3-week high of 2,007.29 USD/oz. Gold futures contracts in the US also increased 1.1% to 2,001.60 USD/oz.
XAUUSD: 100% Profit Signal
Following Monday's profitable short position in gold, we immediately transitioned to a long position. All gold bought around 1970 was profitably exited above $2000, yielding substantial gains. Anticipating another upswing in gold, any subsequent downturns continue to represent buying opportunities.
Daily trading signals are shared, with the current accuracy rate reaching 98%. Don't miss out on profitable opportunities!
GOLD is such a dirty dirty ASSetWhat's up guys Brandon here, good morning..
So I did speak to this exact thing yesterday with my last mind suggesting that sells had expired
I was busy and I missed to call out an entry but I want to explain why I think gold did what it did
All things considered I did see this coming and if you go on my tradingview profile and tap on "minds" you'd see the trajectory of where my head was at
So without further ado - let us begin (WARNING - this may be long lol)
SO
Firstly - we have (in purple) sellers selling as price drops - I believe sellers would have been doing this because that is what traders who do not understand what the market is really doing would have done.
I believe that regardless of what direction the market is actually going there will always be some poor sap trying to sell what he thinks is the highest high.
The reason I never recommend this is because obviously there is no way to determine where the highest high is - in my experience price can and WILL always go high (at some point)
So we know that sellers would have injected liquidity into these areas with the purple lines
This then secondly brings me to the turquoise zone which is where we know buys who see "support" would have been buying
We know that that is the case because the very Third thing we then saw was price smashed through that area (highlighted in orange) without even thinking about it
By smashing through that level all the buyers who had stops below that level would have been taken out
It is around this time I spoke about being more interested in sells (temporarily) don't take my word for it...go to my tradingview profile to confirm what I said
I am not like other people who post here and say .."didn't I tell you so", when in fact they didn't and even when they did - they gave no reason as to why they see what they saw
I break it down because I want you to build out a picture so that you yourself can understand
But I digress
After destroying the buyers stop losses, We know that this is a bullish market so the dealer's real target would be the buyers because by buying the market sellers would be taken out automatically should it keep buying
The question is how would the dealer destroy the buyers - The traders on the right side of the move?
By doing what he did below the turquoise zone...
Lastly once he broke back above that turquoise zone (highlighted in pink) you see price stumble there for a little bit as the dealer tried to capture any last minute sellers trying to sell the retest
And the dealer absolutely destroys sellers with a +192 pip move upwards (right back to where the first set of sellers sold) - interesting right? NO, it's messed up that that was the dealers plan all along
The reality is the way that I trade - instead of trying to identify the pattern - I try to look for the reason for the pattern and that is why my explanations are always so long
Most traders don't stop to think about "THE WHY" they only see "the what"
Now that the dealer has taken out traders who thought they got the timing right (buyers who were early) the dealer is free to buy without worrying about if he has taken out majority of the liquidity
My apologies for the really long explanation but I hope that you took the time to read this
If you did, don't be afraid to leave an upvote
Let's see what happens today
XAUUSD: 21/11 Today’s Trading StrategyDXY has fallen to its lowest level since August in Asia on Tuesday. Gold experienced a downward correction on Monday, falling to $1,965 at one point, but then rebounded. DXY also fell to more than two-month lows on Monday, extending last week's losses.
Judging from the one-hour chart, the price of gold has experienced a bottoming process and quickly recovered its lost ground. This is a common correction technique in the bull market, which drives the short-term moving average indicators to turn upward. The overall trend shows a big "V" shape. It started to fall from the 1985 position in the morning, and the US market fell to the 1965 line. Then it started to rebound and rise from the low of 1965, and today the Asian market rushed all the way to the 1990 line. From the four-hour level, gold is in a continuous upward trend, with the Bollinger Bands opening upward. After the first line encountered resistance in 1995, the gold price retreated and a platform resistance appeared at 1985. If gold prices hold at this level again today, gold could turn higher; otherwise, a retracement could occur.
Gold rebounded quickly after hitting a deep bottom, further demonstrating that gold has strong support. Today's operation advice is to consider scalping and shorting on rebounds, and mainly going long at low prices.
SELL:1995-1997
SL:2001
TP1:1901
TP2:1986
BUY:1984-1986
SL: 1980
TP1:1992
TP2:1998
🐬 New trend of GOLDEllie wants to send you some small analysis, hope you will like it. Thanks for reading ♥
If we get to the beginning of Europe, PLAN EUROPE, Gold may react at the resistance zone 1,995 - 97, but if we can maintain the zone 1,990 - 92 to 1,987 - 85, the opportunity to Buy still remains with the same targets. Only if during the middle of the European session Gold cannot surpass the 2,000 - 02 range, then we will sell earlier with a target price of 5 - 7.
The price is 1,991.30
Please trade carefully, don't turn it into a game but turn it into an investment opportunity ♥♥♥
XAUUSD: Consecutive Profit Signals
Last week, we initiated a long-term short position above 1990, and this week, we have started reaping profits. As emphasized today, the upward trend is not yet concluded. For short-term trading, consider going long after identifying a valid support level. After testing support at 1965, the market has resumed its upward trajectory, resulting in another profitable signal for us.
Given the recent substantial volatility in gold, accurate trading signals can assist you in securing profits. Don't miss out!
XAUUSD:20/11 Today’s Trading StrategyDuring the Asian market on Monday, the price of gold was trading around 1980. Last week, the price of gold rose to 1990 during the trading process, reaching a maximum of 1993.47. After that, the price dropped somewhat and stabilized around 1980. Finally, gold prices closed down 0.02% at 1980.89, its best performance in the past four weeks.
According to technical analysis, the daily line has been oscillating in the small range of 1955~2000 for 3 days. After breaking a new high of 1987 on Friday, it began to step back and closed with a cross negative line. The daily highs continued to refresh, from This shows that the rising channel is intact. Although there is no unilateral rise, the overall high point moves upward, and the low point continues to move upward from 1950, 1975, and 1987. The longer the platform is consolidated in the rising market, the longer the rise will last. . The greater the rise
The operation recommendation is still to buy at low prices. SL is set at 1970, which is below the early support. Go long on dips.
XAUUSD: Real-time Trading Signal
Today, gold is focused on support around 1973, indicating that the short-term upward trend is not yet concluded. The trading range for gold today is within 1973-1985.
Trade Signal: XAUUSD Buy @ 1973-1978 SL: 1969 TP: 1983-1988
Numerous free signals are shared daily. By following my trading strategy, you stand to gain substantial profits!