Gold is Ready For BullHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Xauusdlong
Gold Market Analysis and Strategy 11/25Last week, gold prices opened with a steady upward momentum, rising for five consecutive days. Each day closed as a bullish candlestick on the daily chart. On Friday, gold made a significant move, breaking above the MA30 and MA20 resistance levels with a strong bullish candlestick.
From a momentum perspective, prices are expected to continue rising. Key attention should be given to the resistance zone between 2726-2737, where selling pressure is likely to emerge.
Trading Recap:
On Friday, I shared a sell signal at 2710, and later suggested closing the position near 2707 if you didn’t want to hold over the weekend. Some traders might have closed their positions at that time.
For Those Still Holding the Short Position:
Be mentally prepared to hold the position, as gold may climb further to around 2732.
Expect a Pullback:
Don’t panic, as a retracement is inevitable.
Suggested Trading Plan:
Enter a long trade at the opening price.
Close the long position around 2722-2728 to lock in profits.
Open a Short Position After the Rally:
Once prices rise to 2726-2734, begin adding short positions.
Target Levels:
I expect gold to at least retest 2707, with a probable downside target around 2678.
Risk Management:
Use stop-loss orders to manage risk effectively.
Ensure position sizes are within your risk tolerance.
Final Thoughts:
This strategy allows you to take advantage of both upward momentum and the anticipated pullback. Monitor price action closely and make timely adjustments to your positions. If you have any questions or need further guidance, feel free to reach out.
XAU/USD Longs from 2695.000 or 2665.000 back up to supplyThis week, my analysis for gold leans toward continued bullish momentum. Over the past week, gold has shown significant bullish behaviour, including a clear change of character to the upside on the higher time frame. My plan is to look for buying opportunities at the nearest valid demand zones, specifically the 55-minute or 13-hour demand zones below the current price level.
Following this corrective move, I anticipate another rally to the upside, potentially mitigating my marked supply zones above, where I’ll evaluate for short-term selling opportunities. However, I’ll reassess as the week progresses. For now, my bias remains firmly bullish on gold.
Confluences for GOLD BUYS:
- Price has broken structure to the upside and continues to display strong bullish momentum.
- Both higher and lower time frame analysis indicate persistent bullish pressure.
- Key demand zones provide excellent retracement levels for potential buy entries.
- Significant upside liquidity remains untapped, acting as potential targets.
- Candlestick patterns highlight robust bullish sentiment.
P.S. With ongoing fundamental news driving gold’s bullish movement, my sentiment will remain bullish unless there’s a clear indication of a trend reversal.
Is XAUUSD Primed For A Pullback & Buy Opportunity?👀👉 The XAUUSD Gold market has recently experienced a pullback from a crucial liquidity zone and is now making its way back toward previous highs, sparking interest among traders about potential moves ahead. I am considering a buying opportunity, contingent upon a retracement to equilibrium and a bullish structural break. 📊 Disclaimer: This content is intended for educational purposes only and should not be construed as financial advice. Always perform your own research and trade responsibly.
Short-Term Short Opportunity at 2710 Resistance ZoneAfter reaching around 2710, gold tested the support at 2686 as expected and then rebounded above 2700, in line with our forecast. The long positions in the short-term swing trade have been closed, and we are now seeking new opportunities to sell. From a technical perspective, there is still strong selling pressure around 2710, which acts as a key resistance zone.
Technical Analysis: At the 2710 level, gold is facing noticeable selling pressure. Previously, this area acted as a support level, but now it has turned into resistance. If the price encounters resistance here and starts to decline, it could test the support zone below once again.
Considering the current market sentiment and technical pattern, the 2710-2722 range presents an ideal opportunity for short entry. We recommend initiating sell orders within this range with a small position size as an initial attempt.
Trade Strategy:
Sell Entry Range: If the selling pressure at 2710 holds and the price fails to break above this level, the 2715-2722 range becomes a potential short-entry area. The resistance in this region could drive the price lower.
Stop-Loss: To protect against the risk of a breakout above this zone, a stop-loss can be set in the 2725-2730 range. This would limit potential losses in case the market continues to rise above the resistance zone.
Take-Profit: The take-profit target can be set around the support area at 2686, or adjusted based on real-time price action. If the price declines to this support zone and shows signs of a rebound, partial or full profit-taking may be considered.
Risk Management: Given the volatility in the gold market, it’s crucial to control position size in every trade and apply proper risk management strategies to avoid significant losses. Each trade should not risk more than 2-3% of the total account balance.
XAU ! Nov 22 ! strong resistance 2710XAU / USD trend forecast November 22, 2024
Escalating Russia-Ukraine tensions continue to fuel safe-haven demand, propelling Gold prices higher for the fifth consecutive day on Friday, even amid a strong US Dollar. In response to Ukraine's deployment of US- and UK-supplied missiles in strikes on Russian territory, Russian forces launched a new intermediate-range ballistic missile targeting Ukraine.
Recovery continues, strong resistance 2710 will wait for gold price to reach
/// SELL XAU : zone 2708-2710
SL: 2716
TP: 50 - 150 - 300pips (2680)
Safe and profitable trading
Bullish Momentum Continues, Strategic Entry OpportunitiesMarket Overview and Weekly Recap
On the final trading day of the week, gold remains in a bullish trend, with minor pullbacks offering opportunities to re-enter the market. This aligns with the bullish strategy I have advocated since Monday. Traders following this approach have likely enjoyed significant gains this week.
Trading Strategy for Today
Key Approach: Buy the Dip
Entry Levels: Accumulate long positions below 2700;
Target: Look for resistance around 2720;
Stop-Loss: Place stops below 2690, adjusted to personal risk tolerance.
VIP Performance and Support
Most VIP members have achieved notable profits this week by adhering to the strategy, though some may have faced losses or trapped positions due to deviations from the plan. If you need assistance resolving such issues, feel free to reach out.
To help more traders experience the benefits of precise trading strategies, I am offering a free VIP trial session. Contact me to take advantage of this opportunity!
Reminder
As the week concludes, volatility may increase. Manage your positions wisely, avoid chasing highs, and focus on disciplined, value-driven trading. Seize every opportunity with a steady and strategic approach!
Gold follows an Uptrend! 2706SCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) hold onto solid intraday gains during the early European session, trading near a two-week high just below $2,700. Escalating geopolitical tensions from the Russia-Ukraine conflict continue to drive demand for the safe-haven metal, marking its fifth consecutive day of gains. Additionally, expectations that US President-elect Donald Trump's expansionary policies may spark inflation further support gold, often seen as a hedge against rising prices.
⭐️Personal comments NOVA:
The buying pressure of the bulls is still very high, the gold price may continue to trend up to the 2706 area
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2682 - $2680 SL $2675
TP1: $2690
TP2: $2700
TP3: $2706
⭐️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
Gold Analysis==>>Contracting Triangle!!!Gold ( OANDA:XAUUSD ) is moving in the Resistance zone($2,688-$2,666) .
According to the Elliott wave theory , Gold has successfully completed microwave 4 with the help of a Contracting Triangle and is currently completing main wave 5 .
I expect Gold to go up at least as far as the Potential Reversal Zone(PRZ) [$2,679-$2,675 ] and the upper line of Bollinger Band and then correct .
Note: In previous posts, I told you that the Bollinger Bands indicator works well for gold in the 1-hour time frame.
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 15-minute 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.
GOLD:Long target 2710
This week gold rebounded for 5 consecutive days, and is currently pulling up, this week's rise has risen back to all the previous decline, short and long rapid conversion, if there is no big surprise today, the weekly line will close super big sun line, and next week has the power to rise, the weekly line is also formed a big V, today's thinking continue to be bullish. The target 2685 mentioned in the previous article is also easy to break through, and the bulls did not have any weakening signal, such a market is not directly chasing the car, it is difficult to find its top in what position, follow the trend is the safest, this wave of gold rise and the escalation of the situation in Russia and Ukraine have a direct relationship.
More aggressive friends can be directly long near 2690, a safe entry point is 2680-85. You can buy multiple orders in batches. Target look near 2710.
Gold and War: The Hidden Signal Behind the RallyIt is well-known that wars have a significant impact on gold prices, and the key factor often lies in the stance of the U S. Before the election, geopolitical tensions and inflation created favorable conditions for gold’s rise.
However, with Trump winning the presidency, gold prices experienced a sharp decline. The primary reason was his campaign statements about actively mediating the Russia-Ukraine war if elected. As a result, the market anticipated an end to the war, triggering a rapid sell-off in gold. Although gold prices have recently started to recover, this seems more like a technical correction to the previous drop.
Yesterday, an intercontinental missile was deployed in the war for the first time. On the surface, this appears to signal an escalation in the conflict, but I believe it may actually hint at the war nearing its end. This “last frenzy” could be both sides vying for the strongest position at the negotiating table.
In this context, how long can the current gold rally last? How high might it go? These are difficult questions to answer. However, one thing is clear: when peace talks are finalized, gold could retreat to the 2480-2350 range.
GOLD:Retracting the long trading strategy
Gold rebounded to around 2660 as scheduled, the bulls have come to strong pressure, but it has no meaning to fall, we can not know the end of this wave of long rebound, the operation to follow the trend, the shape of the weekly bearish trend will be changed, yesterday's bottom pulled up again, the daily line step by step, three consecutive trading days closed in the sun, Such a market must see clearly the general direction, otherwise it is difficult to grasp the rhythm, when you can not see clearly on the sidelines waiting, today's thinking waiting for its retrace opportunity to do long.
Daily line these two days to form two strong support, one is yesterday's low 2618 near, this position is not broken, short-term are strong, if broken, the form may form a new bear.
Another support is around 2642, yesterday's rebound high, is also a new form of support, today back to step on this position first layout more single. Target 2660, after breaking 2680-85.
World gold prices rebounded strongly as tensions escalatedGold prices increased due to bottom-fishing demand skyrocketing in the context of increasing Russia-Ukraine tensions. President-elect Donald Trump is unlikely to end the Ukraine conflict soon after coming to power on January 20.
Currently, investors' attention is also focused on some officials of the US Federal Reserve (FED), who are expected to give speeches this week. Market expectations for a December rate cut have dropped significantly, with odds now at 55.7%, down from 82.5% just a week ago.
Ms. Lisa Cook - member of the FED Board of Governors said that the country's inflation continues to decline, with wages and the job market "cooling down", rising prices mainly in the housing sector. With this trend, the FED's continued interest rate cuts are considered still appropriate. However, she did not confirm the possibility that the FED will cut interest rates at its next meeting in December.
Goldman Sachs - one of the world's leading investment banks, has just raised its gold price forecast to 2,900 USD/ounce, about 89.2 million VND/tael in early 2025, an increase of 200 USD compared to the previous forecast. there.
🔥 XAUUSD SELL 2698 - 2700🔥
💵 TP1: 2685
💵 TP2: 2675
💵 TP3: OPEN
🚫 SL: 2708
🔥 XAUUSD BUY 2673 - 2675🔥
💵 TP1: 2685
💵 TP2: 2695
💵 TP3: OPEN
🚫 SL: 2668
XAU ! 11/ 21 ! SCALPING Gold price still increasesXAU / USD trend forecast November 21, 2024 ! SCALPING
Anticipations that US President-elect Donald Trump's proposed tariffs could drive inflation higher and reduce the Federal Reserve's (Fed) ability to lower interest rates continue to support elevated US Treasury yields. Combined with a generally upbeat risk sentiment, this could deter traders from making aggressive bullish moves on XAU/USD. Attention now shifts to upcoming US macroeconomic data and Fed commentary, which are expected to offer fresh direction for the precious metal.
Long term frame, the uptrend still has great buying power. SCALPING short term frame to find a good BUY entry point
/// BUY XAU : zone 2646-2643
SL: 2640
TP: 40 - 80 - 150 pips (2658)
Safe and profitable trading
Understanding Gold's Path to$2680:Key Levels and Market BehaviorThe current correction in Gold is likely targeting the $2680 level, which remains relevant. However, there's also an interesting level at $2640 that has emerged along the way .
This doesn’t change the overall bearish outlook for Gold, but I want to highlight something new!
I’m pointing out an important detail for you: the price behavior at the $2590 level. Previously, this level was broken by a bearish candle (1), and the price has returned to it (2). The devil is in the details!
Here’s the insight: if the price approaches this level from below again (as it has), breaks through, and then holds above it (1-2), we could see an upward trend. And vice versa. This pattern occurs very frequently across all instruments.
The reason for the 'trigger' nature of the candle breaking support is that it serves as a trigger for many traders, including large ones. A well-established breakout pattern generates a chain of events and actions that are subsequently utilized by 'other' market participants.
Keep an eye on it, or better yet, backtest it and draw your own conclusions!
Go long gold: TP: 2675-2680Brothers, gold has failed to fall below 2660 many times, so as I said in my last article, I closed the short position near 2664, and immediately went long on gold near 2664, and manually closed the long position near 2770.
At present, gold has fallen back to near 2660 again and has not fallen below, so I have gone long on gold near 2664 again. Although gold has fallen back locally, it has not fallen below the short-term support of 2655, and has not even fallen below 2660, so the gold bull energy still has the advantage, so the gold fall is an opportunity to go long on gold. And according to the current structure, gold still has the possibility of continuing to rise and touching the 2675-2680 area, and may even touch 2690.
So the trading strategy: go long on gold in batches in the 2665-2655 area, TP: 2675-2680
The best signal for goldGold has been fluctuating at a high level during the day on Thursday. So far, it has reached the highest level of 2671. Now it is still fluctuating at the level of 2668. From the overall trend, gold bulls are still very strong, but the pressure from the upper 2680 level is also relatively strong. Therefore, we do not recommend going long at high levels, because the technical side may fall back at any time. Therefore, we mainly operate steadily and wait for a short-term decline to continue going long.
Judging from the current 4-hour gold trend, the important upper pressure is at 2675-2680, the short-term support below is at 2648-50, and the support below is at 2640
Gold operation strategy:
1. Go long when gold falls back to 2648-2650, add to long position when it falls back to 2640, stop loss at 2633, target at 2660-65, break to 2675-80;
2. Go short when gold rebounds to 2675-2680 but does not break, stop loss at 2687, target at 2648-2652, break to 2640;
Gold prices continue to increase today !⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices continue to rise, marking their third consecutive day of gains, as risk aversion drives demand for safe-haven assets despite a strong US Dollar. The precious metal has gained over 3.40% this week, with buyers targeting the $2,700 level. At the time of writing, XAU/USD trades at $2,650, up 0.69%.
The recent dip to a two-month low of $2,536 was largely due to profit-taking following Donald Trump's victory in the US presidential election. Concerns that some of his policies could reignite inflation pushed US Treasury yields higher and supported the Greenback.
⭐️Personal comments NOVA:
The break of the H1 and H4 trends shows that gold price increases, reversing from decreasing to increasing
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2681 - $2683 SL $2688
TP1: $2670
TP2: $2660
TP3: $2650
Pay attention to the resistance area at 2672 and support at 2640
🔥BUY GOLD zone: $2614 - $2612 SL $2607
TP1: $2625
TP2: $2640
TP3: $2655
⭐️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
Short gold, TP:2660-2650Bros, gold has risen sharply under the support of risk aversion, and is currently near 2672. Although gold continues to rise in a cycle, it has not yet effectively broken through the 2675-2680 area. When facing this area, gold is expected to have a round of technical retracement. It is very difficult to chase the rise of gold at present, and there is no good position to participate in long gold, so at least wait until gold falls back to the 2660-2650 area before there is a better position to participate in gold long transactions.
Obviously, before gold breaks through the 2675-2680 area, I will try to short gold first; after gold falls back to the 2660-2650 area in the short term, I will consider going long on gold!
Gold Market Update and Trading InsightsMarket Performance and Fundamental Analysis
Gold prices climbed further today, affirming our bullish stance since the beginning of this week. Traders who have followed this strategy are already seeing solid returns.
1. Geopolitical Risks Driving Safe-Haven Demand
The escalating Russia-Ukraine conflict has heightened global market concerns, boosting the appeal of gold as a safe-haven asset. Additionally, uncertainties surrounding global economic growth continue to underpin gold demand.
2. US Economic Data and Federal Reserve Outlook
Key U.S. data to watch today includes initial jobless claims, the Philadelphia Fed Manufacturing Index, and existing home sales. However, these releases are expected to have minimal impact on gold’s upward trend, with geopolitical risks being the dominant driver.
Trading Strategy
Focus on long positions. Consider accumulating long positions below 2670, targeting the resistance level at 2683. A breakout above this level could pave the way for further gains.
Key Levels to Monitor
Support: 2660-2665;
Resistance: 2683 and 2690;
adjusted for individual risk tolerance.
Risk Advisory and VIP Support
While VIP users have reported strong profits, some traders may have experienced losses or trapped positions due to deviation from recommended strategies. If you need assistance, feel free to reach out for tailored solutions.
To help new traders experience our methodology, I am offering a free VIP trial session. Contact me to learn more and gain exclusive insights.
Reminder: Gold markets are highly volatile. Manage your positions wisely, adhere to your trading plan, and trade with discipline to ensure sustainable profitability.