XAUUSD 15 min sell trade AS you can see the gold has broken the trendline, because of some news in Ukraine and Russia war, so technically this can be fake out. so will be short in gold
GOLDCFD trade ideas
Gold entering mid term selling in profit booking zone...The daily order flow analysis for gold indicates a positive delta of approximately 24K on a spinning candle, suggesting indecision in the market. This signals that the recent 3-day gold rally is losing momentum, with no significant profit booking observed yet. However, immediate aggressive buying seems to be taking a pause. As a result, intraday selling pressure appears likely in the near term.
Selling gold is seen on cards.
Gold --> Bear Market Heating Up? Resistance AheadOANDA:XAUUSD rising after a false breakout of 2547. Fundamentally, the situation is quite complicated as well as technically...
The metal price is positively affected by the escalating Russia-Ukraine war, making gold more attractive to investors as a safe-haven asset.
In addition, the appeal of gold is reinforced by geopolitical tensions, economic risks and a low interest rate environment. Fed officials are expected to speak this week, thereby providing more details on the US interest rate cut roadmap. Currently, according to traders' predictions, there is a 62% chance that the Fed will cut interest rates by 25 basis points in December... Theoretically, it is still unclear whether gold can maintain its bullish momentum as prices are approaching strong resistance and traders are cautious as they wait for new signals on the Fed's interest rate outlook.
Technically, gold is in the range of 2643 - 2626. Since the opening of the session, the price has increased quite strongly, which increases the possibility of resistance to stop this increase. The situation is complicated by the mixed fundamental backdrop. A false break of 2647 and consolidation below this area will strengthen the selling pressure. But there is a possibility of a retest of 2686 (order block area) before the decline continues. The expected decline will reach the levels of 2547 - 2471 respectively.
Rate, share your opinion and questions, let's discuss what's going on with.
Gold Rebounds: Focus on 2,546 Support & Russia-Ukraine TensionsGold prices rose on Monday (November 18) after six consecutive losing sessions as the rally in the USD paused and escalating uncertainty over the Russia-Ukraine conflict spurred safe-haven demand.
Currently, gold is recovering after successfully testing strong support at $2,546, where the long-term uptrend intersects with potential buying zones. This positive signal reflects strong buying momentum, pushing prices back towards $2,620, near the EMA 34 and EMA 89, key dynamic resistances.
If prices break above the $2,620 level, the next target could be the resistance zone at $2,791, where significant selling pressure awaits.
With the Russia-Ukraine tensions showing no signs of de-escalating, gold prices could climb even higher in the future. Traders should closely monitor developments in this situation.
#XAU Waiting for the adjustment rhythm, the deep drop of Gold.Market analysis for Gold (XAUUSD) on November 20, 2024:
Yesterday, the gold price continued to recover after the previous adjustment. However, when it reached the resistance zone of 2640, the price reacted by nearly 20 points, indicating that sellers have emerged in this area.
Today's trading trend: SELL.
Key price levels to watch:
🔴SELL zone: 2648 - 2653, 2662 - 2667.
🔴BUY zone: 2623 - 2627, 2611 - 2616, and 2598 - 2603.
Recommended orders:
Plan 1: SELL XAUUSD zone 2651 - 2653
SL 2656
TP 2648 - 2640 - 2620 - 2600 - open.
Plan 2: SELL XAUUSD zone 2661-2663
SL 2667
TP 2658 - 2650 - 2640 - 2600 - open.
Plan 3: BUY XAUUSD zone 2601 - 2603
SL 2598
TP 2606 - 2615 - 2620 - 2630.
Gold : Time for reversal Gold price is under pullback as expected and seems like we are about to enter in continuation in lower side as per wave ABC ....Price currently trading near to High volume area and we can expect a reversal soon (Today or tomorrow ,means I am expecting top of this bullish correction cycle within this week). In higher side we have to watch :
2650-53(Weekly R1 + Near to psychological resistance 2650)
2663-93( Fib Golden zone + High Vol Area).
Strong Recovery After Prolonged DowntrendGold prices have recovered strongly to $2,610/ounce in today's trading session, up $48 in just the past 24 hours. This move shows increased bottom-fishing demand after the precious metal fell a total of more than $120/ounce in the previous five trading sessions.
Technical Analysis
Looking at the gold price chart, the EMA 34 and EMA 89 still show a medium-term downtrend. However, the current strong bullish candle is challenging these dynamic resistance levels. If gold continues to surpass $2,620, the uptrend could extend to the resistance zone near $2,650.
On the contrary, if it fails to stay above $2,600, the possibility of a reversal back to the support zone of $2,560 is quite high.
Fundamentals Support
Geopolitical situation: Escalating tensions in the Ukraine region with the participation of long-range weapons from the US and military moves from Russia and North Korea have boosted safe-haven demand for gold.
Bullish forecast: A report from Goldman Sachs with a forecast of gold prices reaching $3,000/ounce by the end of 2025 is creating positive sentiment for the market.
Bargain hunting demand: After a series of sharp declines, large financial institutions have started to increase purchases, pushing gold prices up rapidly.
Review
Based on the above factors, I expect gold prices to retest the important resistance zone at $2,650 in the short term. However, it is necessary to closely monitor the market's reaction at the $2,620 area. If the breakout fails, selling pressure may reappear.
Gold-> Buyer Back Yet?After suffering significant losses last week, gold has regained its recovery momentum and is trading positively above $2,600 on Monday. The fundamental backdrop supports this recovery. Key resistance levels at $2,518 and $2,628 now divide the market into two distinct zones.
Meanwhile, market participants are awaiting moves from several Fed officials this week to gain further insights into the U.S. interest rate trajectory.
The most likely scenario at the moment is a slight recovery in gold prices following the recent steep sell-off, with expectations for gold to climb higher after several reversals in the USD.
In the medium term, bulls need to reassess U.S. policy planning in December, as the Fed is expected to hold rates steady in January. This has not been fully priced into the market, so any adjustments could pose challenges for gold.
Technically, since the market opened, prices have climbed considerably, increasing the likelihood of resistance capping further upward movement. A false breakout at $2,589 and subsequent consolidation below this zone would strengthen selling pressure. However, there is potential for a retest of $2,618 (Order Block).
Similarly, a failed breakout could trigger selling momentum. But if the fundamentals align strongly in favor of gold, the market may have a chance to shift the local trend from the $2,618 zone.
Gold Trading Strategy for 20th November 2024Gold Trading Signal
Current Price: ₹2632.20
Trading Levels:
Buy Above: ₹2640
Trigger a long position when the price closes above ₹2640 on a 1-hour candle.
Resistance Levels:
₹2665 (Initial Resistance)
₹2693 (Next Resistance)
Sell Below: ₹2620
Trigger a short position when the price closes below ₹2620 on a 1-hour candle.
Support Levels:
₹2598 (Initial Support)
₹2585 (Next Support)
Key Notes:
Monitor price action carefully around the buy and sell levels.
Ensure proper risk management by setting stop-loss orders slightly above or below resistance and support levels, respectively.
Consider additional confirmations such as volume or RSI divergences before entering trades.
Disclaimer:
This analysis is for educational and informational purposes only. It is not financial advice or a recommendation to trade. Trading in the financial markets involves substantial risk and may not be suitable for all investors. Past performance is not indicative of future results. Always consult with a qualified financial advisor before making trading decisions.
Gold Trading Levels for 19th November 2024Gold Trading Levels (Based on 1-Hour Candle Chart):
Buy Above: 2616 (Enter a buy position if the price breaks and sustains above this level on the 1-hour candle, signaling potential bullish momentum.)
Sell Below: 2600 (Enter a sell position if the price drops and sustains below this level on the 1-hour candle, signaling potential bearish momentum.)
Current Price: 2612.040
Key Levels to Watch:
Resistance Zones:
2640 – 2644
2660 – 2667
Watch for potential price rejection or breakout at these levels.
Support Levels:
2575
2550
2530
These levels may act as strong buying zones if the price drops significantly.
Trading Tips:
Book Profits Regularly: Lock in gains near resistance levels or key pivot zones to secure profits.
Use Trailing Stop-Loss: Adjust your stop-loss as the price moves in your favor to protect profits while allowing the trend to continue.
Disclaimer:
The levels and analysis provided are based on technical indicators and the 1-hour candle chart. This is for educational and informational purposes only and should not be taken as financial or trading advice.
Risk Management Guidelines:
Always confirm price action (e.g., a breakout, breakdown, or reversal) at the listed resistance and support levels before making decisions.
Use stop-loss orders and appropriate position sizing to manage risk.
Monitor economic events or news that may impact gold prices.
Risk Disclosure:
Trading in commodities, including gold, involves significant financial risk and may not be suitable for all investors. Past performance is not indicative of future results. Consult a qualified financial advisor before making trading decisions.
Gold is under pullback : Read my last postAs expected gold is finally under a pullback wave and price opened with a gap , this gap is now going to act as good high volume support area(2560-70).
At the time of writing this post price is facing resistance on weekly pivot(2595) and bulls need to re-claim this level on H4 to see higher levels , First resistance (Target in case of buy) that we have to watch is area at 2630-40(bearish Imbalance) and the final resistance zone as per fib is 2663-93 from where we can re load the sell for target 2530 area again.
As of now I am expecting continuation in pullback (Bullish) and my first target will be 2630 and for sell I will wait confirmation on H4 or daily Time frame.
#XAUUSD/H4 Gold: Will it continue to recover or adjust?Market outlook for the European-American trading session on November 19, 2024:
Yesterday's trading session witnessed a strong recovery in gold prices. However, the possibility of gold continuing to rise in the long term remains uncertain. The likelihood of gold still being in a short-term correction trend is very high.
Today's trading trend: SELL.
Key price levels to pay attention to:
🔴SELL zone: 2625-2630, 2640-2645, and 2660-2665.
🔴BUY zone: 2598-2603, 2578-2583, and 2553-2558.
Recommended orders:
Plan 1: SELL XAUUSD zone 2641 - 2643
SL 2646
TP 2638 - 2630 - 2620 - 2600.
Plan 2: SELL XAUUSD zone 2665 - 2667
SL 2670
TP 2662 - 2650 - 2630 - 2600.
Plan 3: BUY XAUUSD zone 2597 - 2599
SL 2594
TP 2602 - 2610 - 2620 - 2640.
Xauusd Tradesetup SMC 19-11-24 #goldsetup #thezenmasterforexPlay between 2627 and 2612,
Sell level 1 - 2621
Sell level 2 - 2627
Buy level 1 - 2618
Buy level 2 - 2612
only before NY
Use SL
Cheers!!
Gold Trend 18/11 - S-T rebound beginsThe gold market last week unfolded in line with our predictions, as the consolidation period continued. The price broke below the 2650(1) resistance level early in the week, initiating a downward movement toward our target at 2600. Subsequently, the price dropped to the weekly low of 2536 following the inflation data on Wednesday. A slight rebound occurred afterward, with the week closing near 2562 on Friday, marking a $102 decline.
Following the US election, the US dollar has remained strong, leading to a drop of over $250 in gold prices over the past two weeks. Nevertheless, the selling pressure has eased after the rebound from 2538. It's worth noting that Fed Chairman Powell explicitly mentioned last Thursday that there is no rush to cut rates at the current market conditions, limiting the upward potential for gold for the time being. With no significant market data on the calendar for this week, gold prices are expected to stay sideways.
1-hr chart(above) > The downward momentum has been decelerating since last Thursday. If the price manages to break out from the current descending trendline (3), we can establish the initial upside target at 2620 (4). Given the absence of significant economic data scheduled for this week, we can regard the range of 2555-2620 (4) as the provisional operating zone.
Daily chart(above) >Gold achieved a 50% retracement last week (5) and rebounded from the 100-day MA (6). We can anticipate resistance in the short term around 2600-2605(7). In case of a breach above 2600, the subsequent target is expected near the 10-day moving average of around 2630.
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P.To
Gold Trend 18/11 - S-T rebound beginsThe gold market last week unfolded in line with our predictions, as the consolidation period continued. The price broke below the 2650(1) resistance level early in the week, initiating a downward movement toward our target at 2600. Subsequently, the price dropped to the weekly low of 2536 following the inflation data on Wednesday. A slight rebound occurred afterward, with the week closing near 2562 on Friday, marking a $102 decline.
Following the US election, the US dollar has remained strong, leading to a drop of over $250 in gold prices over the past two weeks. Nevertheless, the selling pressure has eased after the rebound from 2538. It's worth noting that Fed Chairman Powell explicitly mentioned last Thursday that there is no rush to cut rates at the current market conditions, limiting the upward potential for gold for the time being. With no significant market data on the calendar for this week, gold prices are expected to stay sideways.
1-hr chart(above) > The downward momentum has been decelerating since last Thursday. If the price manages to break out from the current descending trendline (3), we can establish the initial upside target at 2620 (4). Given the absence of significant economic data scheduled for this week, we can regard the range of 2555-2620 (4) as the provisional operating zone.
Daily chart(above) >Gold achieved a 50% retracement last week (5) and rebounded from the 100-day MA (6). We can anticipate resistance in the short term around 2600-2605(7). In case of a breach above 2600, the subsequent target is expected near the 10-day moving average of around 2630.
Please give us a 🚀 if you like our work!
P.To
GOLD BUY!!!!!!!Just look for longs on gold.
Try your models on long today until price reach 50 or 60%.
After price reach those area just stop and watch what will happen.
Learn to trade by yourself is more important.
Good luck.
Gold At Important LevelAs per my understanding Gold at very crucial point. It is on daily chart trend line. We are about to see huge move up or down really soon. After that move I don’t see any further resistance or support soon in the area.
Influence
1. Trump Election
2. Fed Cutting Rate
3. Inflation
XAUUSD Recovery: Testing Resistance at 2,620Currently, XAUUSD is attempting a recovery after hitting the key support level at 2,530 USD. This support zone has shown significant buying interest, pushing prices up from the recent low. However, the overall trend remains bearish, influenced by the EMA 34 and EMA 89 lines above, acting as dynamic resistance.
The price is now trading around 2,583 USD and is likely to test the nearest resistance zone at 2,620 USD. If this resistance is breached, the recovery trend could extend further, aiming for higher levels.
Gold remains under pressure from a strong USD, driven by expectations that the Fed will maintain high interest rates. However, investors should pay close attention to this week’s U.S. economic data releases, including employment and inflation figures, as they could significantly impact USD strength and gold’s next direction.
Gold in Bears' ControlI am watching the recovery in gold, currently trading around $2,586/oz. With the USD rising sharply after President-elect Donald Trump's victory and expectations of higher inflation, the Fed is likely to maintain high interest rates. This is creating significant pressure, making it difficult for gold to continue to break above the 34-EMA and 89-EMA.
In addition, comments from Fed Chairman Jerome Powell about not being in a hurry to cut interest rates further reinforced the USD's bullish momentum and reduced the appeal of gold. However, geopolitical tensions in the Middle East and between Ukraine and Russia remain a slight support factor for the precious metal's safe-haven status.
Personal view
Key resistance: $2,600–$2,625, which the price needs to break above to generate upside momentum.
Potential support: $2,550, which is an important area I will wait to test.
If the price fails to surpass $2,600, I believe there is a high possibility of a further decline to $2,550, consistent with the current market scenario. I will prioritize a short-term selling strategy in the resistance zone.
Risky TradeTry to short if we can see some rejection at this point.
SL- 2628
Tg- 2500
Trade as per your risk management and do your own research.....
BTC | GOLD | PRICE ACTION ANALYSIS | 18 NOV | HINDI Thanks for watching today's Forex and crypto market analysis!
In this video, I break down the latest price action movements for major Forex pairs, Bitcoin (BTC), and Gold. I focus purely on price action to help identify key levels and potential trade opportunities. If you enjoyed the content, please like, subscribe, and hit the notification bell for daily updates on the markets.
Gold Trading Strategy for 18th November 2024GOLD TRADING STRATEGY
Buy Above: $2575
If the gold price closes above $2575 on a one-hour timeframe, it may indicate a bullish trend. Consider buying at this level with appropriate risk management strategies.
Sell Below: $2554
If the gold price closes below $2554 on a one-hour timeframe, it may signal a bearish trend. Consider selling at this level with appropriate risk controls.
Current Price: $2563.220
This strategy is based on key technical levels and requires confirmation of a one-hour closing price above or below the thresholds. Traders are advised to use stop-loss orders and position-sizing techniques to mitigate risks.
Disclaimer:
This content is for educational and informational purposes only and should not be construed as financial or investment advice. Trading in commodities, including gold, involves substantial risk of loss and is not suitable for all investors. Market conditions can be volatile and unpredictable, influenced by various factors such as economic data, geopolitical events, and global market sentiment.
The price levels mentioned are illustrative and subject to change based on market dynamics. Before making any trading decisions, you should perform thorough research or consult with a licensed financial advisor. You are solely responsible for any trading or investment decisions you make, and neither the author nor the publisher of this information shall be held liable for any losses incurred.
Always trade with capital you can afford to lose and ensure your trading practices align with your risk tolerance and financial objectives. Past performance is not indicative of future results.
