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Xauusdlong

11/13 ! Gold recovered slightly, then continued to fall.XAU / USD trend forecast November 13, 2024 Gold prices fell below $2,600 on Tuesday, marking their lowest level since mid-September as the US Dollar Index (DXY) surged to a six-month high. Rising US Treasury yields further pressured gold, with XAU/USD trading around $2,599, down 0.77%. Investors are closely watching former President Donald Trump's victory and his initial cabinet appointments, which could signal his policy directions on tax cuts, tariffs, and immigration. Gold price will be sideways, stabilizing below 2650 to continue the downtrend at the end of 2024 /// SELL XAU : zone 2625-2628 SL: 2631 TP: 50 - 100 - 150pips (2613) /// SELL XAU : zone 2649-2652 SL: 2657 TP: 50 - 200 - 300pips (2622) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
3
Short-Term Rebound in Gold, but Bearish Trend PersistsGold experienced a brief rebound today, rising nearly $15 during the Asian session. This rally is primarily driven by an oversold bounce, and while there may still be some upward movement during the U.S. session, the overall trend remains bearish. Since Trump's election victory, the U.S. economy has continued to show strength, further driving the U.S. dollar higher, putting additional downward pressure on gold. The market is now focused on today's U.S. CPI data, as investors will assess whether this will prompt the Federal Reserve to continue its rate-cutting policy after December. If the CPI report is bearish, gold may face more significant downside pressure, and the probability of further rate cuts by the Fed could increase. As a result, gold remains in a bearish market for the remainder of this week, though we anticipate a gradual recovery starting next week. With only a few trading days left this week, the strategy should remain focused on shorting gold. Today's Trading Strategy: During the U.S. session, gold may experience some upward movement. This provides an opportunity to continue shorting gold, especially ahead of the CPI data release. Be sure to implement stop-loss and take-profit orders to effectively manage risk. I recommend following this approach for your trades. Ensure proper risk management with stop-loss and take-profit settings, securing profits while mitigating potential risks. If you need a more detailed strategy, feel free to reach out. I will share the complete weekly strategy with all VIP members.
OANDA:XAUUSDShort
by Falcon-Training-Camp
Gold's long-term trend is still forecast to increase in price.Geopolitical tensions are expected to cool down under Donald Trump. And the US economy will attract international capital flows. Cash flow poured heavily into many high-risk assets such as the stock market, cryptocurrency market,... thereby putting more pressure on gold. However, in the medium and long term trend, gold is still forecast to increase in price. Many organizations have not changed their forecasts that gold will reach 3,000 USD/ounce by 2025. Many experts believe that public debt, leverage and extreme taxes of Mr. Donald Trump have the ability to bring gold prices back to before. After a period of time, many private investors will overcome the debt situation and the pressure to control the US budget. Gold will then increase again. With the recent sharp decline, it is likely that bottom-fishing demand from the "big players" in the market will increase again. China has stopped buying gold for 6 consecutive months, but may return to buying when prices fall deeply. China, Russia and many other countries are still accelerating the process of reducing the proportion of reserve assets denominated in USD. 🔥 OANDA:XAUUSD BUY 2590 - 2592🔥 💵 TP1: 2600 💵 TP2: 2610 💵 TP3: OPEN 🚫 SL: 2583 🔥 OANDA:XAUUSD SELL 2628 - 2630🔥 💵 TP1: 2620 💵 TP2: 2610 💵 TP3: OPEN 🚫 SL: 2637
OANDA:XAUUSDLong
by FalCol_TradingMaster
Waiting for 2575 ! DOWN trend, strong supportSCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: The US Dollar extended its post-election rally, reaching its strongest level since early July, which weighed heavily on Gold prices on Monday. Expectations of Trump's expansionary policies and corporate tax cuts are seen as inflationary, reducing the likelihood of aggressive monetary easing by the Federal Reserve. This continues to support the Greenback. ⭐️Personal comments NOVA: Continued downtrend - waiting for support at 2575 for gold to recover ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2575 - $2577 SL $2570 TP1: $2585 TP2: $2600 TP3: $2620 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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:XAUUSDLong
by Nova-Scalper
1
Gold Set to Form “W” Bottom Based on the current price action, there is potential for a “W” bottom to form. If this pattern plays out, today’s high should surpass yesterday’s 2626. However, if the price falls below 2690, the key support levels to watch will be between 2578-2573. I personally believe the probability of this scenario is low. Therefore, the strategy is to buy, but it’s essential to control position size and allow for some flexibility in case of unexpected adverse movements. Remain agile, seize the rebound opportunity, and manage risk effectively.
OANDA:XAUUSDLong
by Mia-Signal
Key Data Signals a Challenging Week AheadThis week, it is essential to prioritize a bearish stance on the gold market, aligning with the prevailing downtrend. As analyzed yesterday, the broader environment remains unfavorable for gold. Trump’s recent election victory continues to strengthen the U.S. dollar, and given his focus on boosting the American economy, gold is likely to face sustained downward pressure. Additionally, key economic data scheduled for release this week—including Wednesday’s October Consumer Price Index (CPI), Thursday’s Producer Price Index (PPI) and weekly jobless claims, and Friday’s retail sales data—are expected to weigh further on gold prices. Therefore, the most prudent trading strategy this week is to focus on short positions in the gold market. For those following this analysis, this provides a clear trading direction. For a detailed, actionable trading strategy, please reach out. I will share the complete weekly strategy with all VIP members.
OANDA:XAUUSDShort
by Falcon-Training-Camp
XAUUSDHere is our view and update on XAUUSD . Potential short opportunity. We broke our Key Level mentioned in our channel 2678 . Breaking below it, resulted in a price drop and a clear direction setup. We are now targeting our next KL (Key Level) at 2650 and if broken, we could very easily revisit 2600s (2604.700) to be exact. Overall we will be looking for sells at this point, even though we are extremely bullish on XAUUSD. 2600s is a key demand zone and we could continue back up from there. KEY NOTES - XAUUSD broke 2678 and dug deeper in the price. - Break of 2650 (our next KL) would result in more sells. - Possible revisits of the key demand zone at 2600s. Happy trading! FxPocket
OANDA:XAUUSDShort
by FxPocket
2
Why Gold Fall Down! And What Is The Next?Hello Traders Technically When OANDA:XAUUSD dropped from 2790 gold become fully bearish and i also shared ideas for sell till 2682 but when 2682 could not stable and dropped from 2682 i gives you another target of 2640. i gave you 2640 target because there was liquidity in 4H and 1D time frame Gold Has filled its liquidity gap and also completed its 4th impulsive wave in H4 and 1D time frame, Now is time to boom for 5th wave and the target is 2864. Fundamentally Greed increasing fear decreased
OANDA:XAUUSDLong
by GoldMasterTrades
1
XAUUSD: Today's Strategy—Buy LowFollowing yesterday's significant decline in gold prices, short-term indicators show a strong rebound potential. Today’s strategy is to buy at lower levels and wait for prices to rise above $2,640, at which point we can adjust the approach based on market movements. The detailed strategy was shared during yesterday’s session, so please refer to it if you need clarification. If you have any questions regarding trades, feel free to leave a comment, and I’ll be happy to assist.
OANDA:XAUUSDLong
by Mia-Signal
XAUUSD Strategic Buy at Support ZoneI am taking this buy entry based on several technical factors. Firstly, the RSI is at 24.22, indicating a significant oversold condition. This suggests that the price might be ready for an upward correction, as oversold levels often precede a rebound. Additionally, the price is near an important support area around $2,611, a level that has shown previous market reactions. Although the recent trend has been bearish, I believe this entry has the potential to capitalize on a short-term pullback. I have set the entry price at $2,611.07, with a stop loss at $2,570.38 to limit potential losses if the price continues to decline. My take profit is positioned at $2,644.33, aiming for a reasonable target that captures a potential rebound. My plan is to maintain strict risk management and closely monitor price action at this level to confirm if the buy decision is validated by a favorable reaction.
PYTH:XAUUSDLong
by MetalsMine
XAUUSD: Eyeing a Short Position Above 2650With market volatility now reduced after today’s decline, a short-term rebound is likely tomorrow. If gold prices reach above 2650, it could offer an optimal shorting opportunity with a target range between 2580 -2560. While it may take some time to hit this target, there’s also the possibility of a quick move down to these levels. I view this as a solid setup for a long-term trading plan, with opportunities to add smaller swing trades in between. For those interested in participating, feel free to contact me for detailed trading insights and information.
OANDA:XAUUSDShort
by Mia-Signal
How to layout gold under a sharp declineOn Monday, gold faced a severe downturn, plummeting by $60, setting a bearish tone for the week. Fundamental Analysis: Following Trump's victory, the U.S. dollar strengthened as investors anticipated a shift from the Federal Reserve toward a less dovish stance. The market expects that Trump’s proposed economic policies will pave the way for high economic growth in the U.S., potentially complicating the Fed’s efforts to control inflation. This scenario may prompt the Fed to reassess its future policy easing path. All signs point to significant downward pressure on the gold market, suggesting that any rally could provide an opportunity to short. Technical Analysis: On the hourly chart, gold prices appear to be stabilizing around the 2613 level, indicating that an initial oversold rebound may be imminent. Current Gold Strategy: Consider long positions around 2613. If prices rebound to approximately 2625, this could serve as an entry point for short positions. For those following this analysis, these insights should clarify the general trading direction for the week. For a detailed strategy, feel free to reach out. I will be sharing the complete weekly trading strategy with all VIP members.
OANDA:XAUUSDLong
by Falcon-Training-Camp
XAUUSD: BUYThe price of gold has recently experienced a significant drop. Some traders may have hit their stop-loss levels, while others are still holding their positions. Typically, after such a rapid decline, the market tends to see a minor rebound, with the expected rebound range between 2643-2657. However, based on the current technical pattern, gold has formed a "head and shoulders" pattern, which often signals the potential for further downside. It is anticipated that the price of gold may drop to around 2600 in the near term.
OANDA:XAUUSDLong
by Mia-Signal
XAU! 11/11! sideway beginning of the week, below $2700XAU / USD trend forecast November 11, 2024 Gold prices (XAU/USD) extend last week's significant losses, staying under selling pressure for a second consecutive day on Monday due to continued strength in the US Dollar (USD). Optimism about Donald Trump's proposed expansionary policies supports the USD near its four-month high from last week, which in turn weighs on gold prices. Gold price sideways at the beginning of the week, price range 2660 - 2690 , in a downtrend, buyers try to keep the price against selling pressure from the market /// BUY XAU : zone 2656-2653 SL: 2648 TP: 50 - 150 - 200 pips (2673) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
2