Black Friday saleUp to 70% OFF
GOLD MINI CFDGOLD MINI CFDGOLD MINI CFD

GOLD MINI CFD

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals

GOLDMINICFD trade ideas

Will gold continue to rise strongly next week? Review of recent trends: The gold market showed a significant reversal this week. Following last Friday's consecutive negative declines, gold prices rebounded strongly this week, rising for five consecutive days and quickly recovering lost ground. After falling from 2710 last week to 2536, prices rose again this week, indicating that market sentiment is changing rapidly, especially driven by geopolitical factors. Fundamental impact: Geopolitical tensions: The Russia-Ukraine conflict and the escalation of tensions on the Korean Peninsula are key factors driving the rise in gold, and rising demand for safe havens is the main driving force behind the surge in gold prices. Korean Peninsula: North Korean leader Kim Jong-un said he currently faces the risk of nuclear war, which intensified the market's risk aversion and pushed gold prices higher. If these uncertainties continue to ferment, gold may break through the $2,800 mark before the end of the year. Technical analysis: Daily K-line chart: A golden cross appears on the daily chart, which is a typical bullish signal and there is still room for growth in the short term. Five consecutive positive lines indicate that bulls have strong momentum, and the price has broken through the central axis of 2690, and may continue to test higher prices upwards. 4 hour chart: The trend shows a stepped slow bull shape, with shocks running upward. Both Stochastic and MACD are in golden cross status, showing continued upward momentum. Key pressure ranges: 2750-2760, 2790. If these pressure levels are exceeded, gold prices may rise further. Support range: 2700-2690. If the price pulls back here, strong support may be formed. Operation strategy: Retracement to go long: If the gold price pulls back to around 2710, you can consider going long, with targets at 2728, 2740, and 2756. Shorting on rebound: If the price rebounds to 2728, 2740, 2756, etc., you can go short in these areas. Support zone operation: If the price falls back to around 2706, 2700, and 2692, you can go long in batches and use the support level to find entry opportunities. Outlook for next week: Gold's short-term trend remains bullish, especially on the technical front, with a golden cross and upward momentum showing the potential for continued gains. In terms of fundamentals, geopolitical risk factors still have a greater impact on the market, and gold is expected to continue to be the first choice for safe-haven funds. The key price ranges for next week are: support level: 2700-2690; pressure level: 2750-2760, 2790. If it breaks through to the upside, gold may challenge the high of $2,800. In general, the short-term trend of gold next week is bullish, but we also need to be wary of price shock adjustments near key pressure levels.
PYTH:XAUUSD
by GoldNest_by_Lovewell
Gold Trading Strategy 22nd November 2024Gold Trading Strategy Current Price: 2669.140 Buy Above 2674 Action: Wait for a one-hour candle to close above 2674. Target 1: 2685 Target 2: 2698 Stop Loss: 2660 Rationale: This level acts as a breakout point, suggesting bullish momentum if surpassed. Sell Below 2647 Action: Wait for a one-hour candle to close below 2647. Target 1: 2635 Target 2: 2622 Stop Loss: 2660 Rationale: A close below this level indicates bearish sentiment and potential further downside. Key Levels Summary: Resistance Levels: 2674 (Immediate resistance and breakout level) 2685 (First target) 2698 (Extended target if momentum persists) Support Levels: 2647 (Immediate support and breakdown level) 2635 (First target) 2622 (Extended target on bearish continuation) Disclaimer This strategy is based on technical analysis and is provided for informational purposes only. It is not financial advice. The price of gold can be influenced by multiple factors, including economic news and geopolitical events, which may affect the levels and trading outcomes. Always manage your risk appropriately and consult a financial advisor if unsure.
OANDA:XAUUSD
by ramkkyy
GOLD - XAUUSD - Shorting Opportunity with Good Risk RewardGOLD (USD) - CMP $2630 TF: 90 Minutes After a 5 wave decline, price has moved up in a corrective bounce. And now getting halted/rejected at the 200 Period EMA which is also the previous support zone (now turning to be Resistance) I was hoping for it to test the AVWAP from the highs $2660 (which is also about 50% retracement of this entire fall) Even if Gold has to go up, it can't be a V shaped recovery.. It will come down to retest the lows at the least or even 0.618 Fib of this entire corrective rise. For Aggressive shorts 2645 will be the SL (2 candles close above).. But I would still prefer a test of 2660-70
TVC:GOLDShort
by Murthy_Santhosh
XAUUSD Strong Recovery, Approaching Resistance at 2,790.537 On November 23, XAUUSD continues its strong recovery from the support level of 2,557.165, currently trading around 2,716.335, supported by EMA 34 (2,656.463) and EMA 89 (2,583.958). The price is approaching the critical resistance zone at 2,790.537. If it breaks above this level, the next target will be in the range of 2,850 - 2,900. Conversely, if the price declines, EMA 34 will serve as a key support level to watch. The current upward momentum is reinforced by safe-haven demand driven by geopolitical tensions and the Fed's decision to maintain interest rates. Traders should focus on price action around this resistance zone to determine the next direction.
OANDA:XAUUSDLong
by Sophi-A
Gold prices continue to climb, surpassing $2,660. 27.50K positive delta on just 1 million volume of trade which means 27 % approx. of trading is net positive on buying side over the daily candle. This is massive interest in buyers side, and shows no room for selling side in near term momentum. Gold price buyers appear unstoppable, price extends its recovery mode into a fourth straight session early Thursday, helped by a modest pullback in the US Dollar (USD) and the US Treasury bond yields. The USD rallied hard on Wednesday, tracking the sharp gains in the US bond yields as traders reinforced the Trump trades optimism, digesting hawkish Fed commentary and poor 20-year bond auction results.
FX_IDC:XAUUSDLong
by XAUUSDANALYST
#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.
TVC:GOLD
by ifjugapt
GOLD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARD GOLD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
FX:XAUUSDLong
by tradergyan01
Technical analysis of XAUUSD chartDear friends, it's Samson here! Flag Pattern: The chart showcases a well-formed flag pattern, a classic bearish continuation signal. Target Projection: Using the height of the previous wave 3 of the flagpole, the pattern's target is forecasted to be around $2,553. Fibonacci Levels: The price is at a level corresponding to the 0.618 Fibonacci retracement at $2,637, a strong bearish signal, with the next resistance near $2,647 (0.5 Fibonacci retracement). Breakout Confirmation: A breakout from the flag will confirm the bearish momentum. Trend Outlook: A macro bearish trend is indicated, supported by resistance rooted in fundamental factors... Consider, share your opinions and questions, discuss what is happening with OANDA:XAUUSD
OANDA:XAUUSDShort
by Bo-Samson
3
Gold Surges: Political Momentum and New OutlookAmid the escalating Russia-Ukraine conflict, gold witnessed a sharp increase in price, closing at $2,716/ounce, reflecting strong demand for safe-haven assets. This recovery was evidenced by the price of gold breaking above both the 34 and 89 EMAs, indicating a reversal from the previous downtrend and opening up a positive outlook for prices in the short term. I assess that global political factors along with the upcoming US economic policy will continue to be the main factors affecting gold prices. Investors should pay attention to these developments when making investment decisions in the current context.
OANDA:XAUUSD
by Maria_aaa
Gold stabilizes above $2,600 after sell-off on hope of ceasefireGold fluctuates above $2,600 on Tuesday after sliding almost three percent – a whopping $90 plus – on Monday due to rumors Israel and Hezbollah were on the verge of agreeing on a ceasefire. Whilst good news for Lebanon, this was not good news for Gold as it improved the outlook for geopolitical risk. At the time of writing, Gold price is consolidating the bounce near $2,625 as buyers stay cautious amid an impending Bear Cross. The 21-day SMA is closing in to cut the 50-day SMA from above. If that happens on a daily closing basis, it will validate the bearish crossover. Adding credence to the downside potential, the 14-day Relative Strength Index (RSI) has found a foothold below the 50 level, currently at 45.50. The immediate support is at the intraday low of $2,605, below which a drop toward the 100-day SMA at $2,566 cannot be ruled out. A sustained break below that level could challenge the November 14 low of $2,537. Conversely, Gold buyers need a daily candlestick closing above the confluence of the 21-day SMA and the 50-day SMA at $2,667. The next topside barriers are seen at the $2,700 level and Monday’s high of $2,721.
FX_IDC:XAUUSD
by XAUUSDANALYST
Gold Trading Strategy for 26th November 2024Gold Trading Strategy: Buy Above 2,644 / Sell Below 2,615 Current Price: 2,625.00 USD Key Levels: Buy Signal: If the price closes above 2,644 on the one-hour candle, it indicates an upward momentum, suggesting a good time to consider buying. Sell Signal: If the price closes below 2,615 on the one-hour candle, it suggests a downward momentum, indicating it might be a good time to consider selling. Support and Resistance Levels: Resistance: 2,660 and 2,679 Support: 2,600 and 2,580 Recommendations: Buy: If the price sustains above 2,644 on the one-hour candle close, consider entering long positions. Book partial profits at 2,655 levels or use a trailing stop loss to protect your profit, with targets at 2,660 and 2,679. Sell: If the price breaks below 2,615 on the one-hour candle close, consider short positions. Book partial profits at 2,600 levels or use a trailing stop loss to protect your profit, with targets at 2,595 and 2,580. Disclaimer: This analysis is for educational purposes only. Always trade with stop-loss and trailing stop-loss to protect your profit and limit your loss. Buy only above the high of the one-hour candle close and sell below the low of the one-hour candle close. Please conduct your own analysis before making any trading decisions.
OANDA:XAUUSD
by ramkkyy
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.
OANDA:XAUUSDLong
by Vanna-Cris
Gold Trend 25/11 - Expect 2nd round of profit taking above 2700Technical rebound + Russia/Ukraine situation rapidly deteriorated, causing gold prices to rebound strongly over $150 last week. Following the rebound from the week before, the gold price opened at 2562 and quickly reached our target of 2620 early last week. Russia and Ukraine exchanged missiles and Putin eased the conditions for the use of nuclear weapons, boosting the gold price further. By the end of the week, the gold price reached the weekly high of 2715 as the market priced in the risk premium right before the weekend. The gold price retreated sharply back from the weekend, falling to as low as 2658 in the Asian secession on Monday. We can expect the investment market to be relatively quiet this week as Thanksgiving weekend is approaching. Geopolitical situations will continue to dominate the gold trend this week. Since the gold price has surged over 20% from the beginning of the year, as long as the situation in Ukraine does not intensify, the price above 2,700 should be a good opportunity for institutional funds to seize profits from the beginning of the year before the year's end. 1-hr chart (above) > Gold price has entered a horizontal range pattern after it crossed the downward trend resistance line (1) last week. Take advantage of the 2650-2710(2) for now, and pay close attention to the development of the situation in Russia/Ukraine, the market may price in the risk premium once again before the Thanksgiving long weekend! Daily chart (above) > The rapid correction in the Asian session on Monday is causing a reversal signal to appear on the daily chart(3). Wait for the price to close below 2670 on Monday, once the reversal signal is completed, the price should return to 2600 or lower in the next two weeks. Please give us a 🚀 if you like our work! P.To
TVC:GOLD
by 1uptick
Gold Trading Strategy for 25th November 2024Gold Trading Strategy: Buy Above 2,725 / Sell Below 2,694 Current Price: 2,716.335 USD Key Levels: Buy Signal: If the price closes above 2,725 on the one-hour candle, it indicates an upward momentum, suggesting a good time to consider buying. Sell Signal: If the price closes below 2,694 on the one-hour candle, it suggests a downward momentum, indicating it might be a good time to consider selling. Support and Resistance Levels: Resistance: 2,750 and 2,766 Support: 2,684 and 2,662 Market Analysis: The current price is around 2,716.335 USD, indicating potential for both bullish and bearish activity based on the key levels. Pay close attention to the range between 2,694 to 2,725 for support and resistance levels. Recommendations: Buy: If the price sustains above 2,725 on the one-hour candle close, consider entering long positions. Book partial profits at 2,735 or use a trailing stop loss to protect your profit, with targets at 2,750 and 2,766. Sell: If the price breaks below 2,694 on the one-hour candle close, consider short positions. Book partial profits at 2,785 or use a trailing stop loss to protect your profit, with targets at 2,680 and 2,662. Disclaimer: This trading strategy is for educational purposes only and does not constitute financial advice. Trading in financial markets, including gold, carries a high level of risk and may not be suitable for all investors. You should carefully consider your investment objectives, level of experience, and risk appetite before making any trading decisions. Always conduct your own research and seek advice from a qualified financial advisor before investing. Past performance is not indicative of future results.
OANDA:XAUUSD
by ramkkyy