gold sellthe b est opportunity to catch the reversal trade of gold ..................dont miss gold at very crucial level Shortby viraj_patil_08Published 2
XAU/USD Long Trade IdeaXAU/USD breaking out key chart pattern in 15 min timeframe. Can go upLongby neelanshpandey2006Published 2
Gold Pauses Before Climbing HigherGold is currently on an exciting "adventure." After a sharp rise to 2,735 USD, it seems to be taking a break near the 2,725 USD support level. It's like gold is catching its breath before continuing its climb to new peaks around 2,742 - 2,750 USD. The EMA 34 and EMA 89 lines are providing strong long-term support. However, the gold market can be unpredictable, and a "slip" could occur if strong resistance is met. Traders should stay alert to rising U.S. bond yields offsetting geopolitical tensions in the Middle East and the U.S. presidential election.Longby Sevenn01Published 19
Gold Rises Despite the Increasing USD and Bond YieldsToday, Alisa brings you more updates on gold prices. Let’s discuss together! Gold prices continue to be supported by a series of geopolitical instabilities in the Middle East, especially the escalating tensions in areas such as Israel and Palestine. In addition, expectations of monetary easing policies from the U.S. Federal Reserve (Fed) at the early November meeting are also a significant driving factor. Despite the rising USD and bond yields, the price of the precious metal has risen sharply. According to the technical chart at 1:00 AM, gold is fluctuating at 2,738, up by 0.6%. With solid support at 2,716 USD and decreasing selling pressure around the 2,737 USD resistance zone, the precious metal is showing positive signs. If gold successfully breaks through the current resistance level, there is a high possibility of forming a new upward trend and establishing a new peak. With the current complex developments in the gold market, what are your thoughts on the outlook for this precious metal? Feel free to share your opinions!by Alisa_RokoszPublished 2
XAUUSD SHORT!!???????SELLERS ARE GONNA PUSH THE MARKET DOWN. Till 2682/83 set the perfect selling and enter it till there Shortby Mukund1216Published 1
Traps in Forex.Traps are very common moves played by big players at accumulation and distribution levels. They do so to grab the liquidity from retail traders. Liquidity grab is done by SL hunting of retail traders, and for SL hunting traps are being lay by fake breakout or breakdown of support or resistance level ( also known as accumulation or distribution level in western style). But, as a trader this traps can be played smartly by retail to gain some good move. I have attached a snapshot of my few trades from last month. I have mentioned how I traded those traps. Note: I have prepared this analysis today to post it for learning purpose. I don't remember my exact entry and exit price. by Babul_PriyaPublished 1
Gold again reached at All time High : What next?As expected and as shared on daily updates ,we have seen a good bullish rally on gold again and gold re-tested the ATH level and now facing resistance on Intraday but there is no big indication of good rejection at ATH level: CPR is very extreme today and gold price still showing strength. Today we have some high impact data in US session that can generate good volatility For today: For Buy: We will wait for breakout above 2685 and on breakout we can look for buy on Intraday towards 2700, For Sell; Price need to see a good decline first /close on H4 and bears at least need to push the price under 2660 (Daily S1 for today) and then only we can look for sell opportunities on Intraday.by iambalramkashyapPublished 1
Gold to Rebound? Technical Outlook Amid Weak USD and Fed PolicyLooking at the recent gold chart, I see a slight bounce reflecting some optimism in the market. However, the current resistance level remains a major challenge that gold has not been able to overcome decisively. Following the comments from Fed officials on rate cuts, I see a possibility of a weaker USD, which could support gold prices in the near term. Technically, I am looking at the nearest support levels and the possibility of gold rebounding from those levels. Indicators such as the EMA are also showing a slight uptrend, but more evidence from the market is needed to confirm a sustainable long-term uptrend.by CallmezoeyPublished 38
XAUUSD - YehYehTrade - 22/10/2024The current market trend is bullish, but we can still look for buying and selling opportunities in areas with high trading volume. Wait for confirmation on smaller timeframes and pay attention to the volume in those zones. If accompanied by significant volume, we can enter a trade. Good luck!by YehYehTraderPublished 1
Expectations for Further Gains Amid Lower Interest RatesGold prices are currently in an uptrend and have broken through the $2,730 resistance level, heading higher. The technical chart shows that the price is continuing to maintain its upward momentum within the price channel, with the 34-day EMA and 89-day EMA supporting below. However, after hitting $2,740/ounce, the price has corrected to $2,720 due to a stronger USD and profit-taking. News from China about the PBoC cutting interest rates is an important factor driving the gold market. Meanwhile, the Fed is expected to cut interest rates in November, creating expectations that gold prices will continue to rise in the long term, although there may still be short-term corrections when major central banks cut interest rates.by CallmezoeyPublished 38
Gold Surges Amid North-South Korea TensionsIs everyone ready to explore the latest developments in the gold market? Let’s dive in with Alisa! The global gold price has experienced a highly volatile trading session. Rising geopolitical tensions between North and South Korea have swiftly reversed the situation, pushing gold prices back up. The event of Pyongyang accusing Seoul of airspace violations has heightened concerns about a potential conflict, prompting investors to seek gold as a safe-haven asset. Gold is currently trading around $2,666 per ounce, moving upward in a rising price channel. While short-term fluctuations are possible, with strong support at $2,660, gold is forecasted to maintain its upward momentum and aim for the $2,680 target in the near future. With the current complexities of the market, investing in gold could present attractive profit opportunities. However, careful consideration and a clear investment plan are essential before making any decisions.by Alisa_RokoszPublished 2
XAUUSDHI guys, I have saw an opportunity in gold spot /Dollar. If the price will brake the high of 2686 then we will see the big move in XAUUSD. Wait for breakout. Longby durgeshgumasta95Published 1
Word of Caution for GOLD buying, Retail should wait for retest. Let us break down, factors which are influencing the price movements in upward directions. Geopolitical Factors Middle East Conflict (Israel-Palestine War): Ongoing tensions and conflict in the Middle East have heightened risk sentiment globally. Investors often turn to gold as a safe-haven asset during geopolitical instability, increasing demand and driving up prices. Uncertainty around the potential for broader regional escalations could continue to support gold’s upward momentum. US-China Relations: Trade tensions, technological competition, and military posturing between the US and China remain a persistent concern. Any deterioration in relations may boost demand for gold as a hedge against market volatility. Russia-Ukraine Conflict: Continued uncertainty from the Russia-Ukraine war is sustaining higher demand for safe-haven assets like gold. Sanctions on Russia, especially in the energy sector, also contribute to inflationary pressures globally, indirectly affecting gold prices. US Debt and Fiscal Policy: The US government’s handling of its debt ceiling and budget deficits is closely watched. A looming fiscal crisis could spur fears of inflation or recession, increasing gold’s appeal. Global Inflation Concerns: Rising inflation in major economies due to persistent supply chain disruptions and energy prices (partly due to geopolitical conflicts) pushes investors toward gold as an inflation hedge. Summary Geopolitical tensions (e.g., Middle East conflict, US-China relations) are driving gold’s safe-haven demand. Inflationary pressures due to conflicts and supply chain issues also support higher gold prices. These factors are contributing to volatility and increased interest in gold, with technical analysis helping traders navigate the current uncertainty.Longby XAUUSDANALYSTPublished 1
gold spot or mcx update edu pur.gold spot eyes on 2673 stya abv looks up side 2684--2700+++ where support 2650 blw mkt some dwn side move where mcx stya abv 76600 looks up side 77000+++++++ expect 76300 support based by kailashcfa33Published 111
Short Term Buying modeGold is aggravated to move up by showing some positive confidence by buyers. its a rally fuled by buyers by their interest and not buying due to fear. Longby XAUUSDANALYSTPublished 3
Gold Chart Pattern for 15 Oct 2024Gold is currently hovering in no trade zone for today its good to look for levels of 2653.630 to go long and support zone of 2643.400 to go for short , wherever it goes according to this we will get enough points.by NobleFalconPublished 5
XAUUSD Flag & Poll Breakout XAU/USD Buy For Long Buy - 2659 Target - 2700 Stoploss - 2640 Longby jadhavharish890Published 117
Gold : Ready for another rallyAs discussed since the beginning of this week that every Dip is a buying opportunity on gold, gold seems to following that and yesterday trading session after CPI numbers gold printed a good positive day closing and now trading above weekly S1 , Weekly S1 was acting as resistance on Intra day. For today the daily CPR relation is positive and price opened with a little gap on CPR (Virgin CPR) this is indication that price is in good bullish momentum right now and if price hold above weekly S1 (2626) then bulls can target weekly pivot on Intra day (2650). .Longby iambalramkashyapPublished 6645
Sell XAUUSDSell gold right here and take profit when it touches the weekly trendline belowShortby anthonythang1906Updated 4
XAU/USD Bullish SignalXAU/USD breaking strong trendline with strong bullish candle and bullish rsi divergence seems promising.Longby neelanshpandey2006Published 1
"Gold Short Alert: 16 Points Banked from the Predicted Drop!""Just as predicted a day or two ago, the market reacted sharply from the selling levels I marked, resulting in a massive selling move! 16 points captured on this drop for those who were ready to act. How many of you caught this move and made a profit? Let me know in the comments!"Shortby XTrap_000Published 8
Gold Analysis October 10Fundamental Analysis Gold prices attracted some buyers on Thursday and now appear to have snapped a six-day losing streak to a near three-week low around the $2,605-2,604 region tested the previous day. However, the rally lacked bullish conviction and is likely to run out of steam amid growing bets that the Federal Reserve (Fed) will cut its benchmark interest rate by 25 basis points (bps) in November. This has helped the US Dollar (USD) maintain its recent strong gains to an eight-week high and will act as a drag on the non-yielding yellow metal. Traders may also prefer to stay on the sidelines and wait for the release of key US consumer inflation figures later in the North American session. The important US CPI report could influence expectations for the size of the Fed rate cut next month, which would boost demand for USD and provide some meaningful impetus to Gold prices. In addition, developments surrounding the ongoing conflicts in the Middle East will be looked at to capture short-term opportunities around the safe-haven precious metal. Technical Analysis The price range to watch for CPI trading strategies. The upper price range of 2626 and 2638 became one of the first major SELL zones in the Asian session yesterday. The 2638-2640 area is the critical zone of the EMA. The lower price range is focused on the US session around 2605 and the important breakout zone of 2594 will be notable in today's US session. This short-term downtrend is not over yet as the gold price has not been able to close the day above the 263x area. Wishing everyone a successful trading.by TVS-TraderPublished 19
Gold Target Gold id in continuous uptrend according to technical analysis. After small pullback it resumes its upward journey towards 2800. it made pole and flag pattern on 15 minute time frame and target of this is previous all time high that is 2685.by prakashsingh1980Published 2215