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,...
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...
Market analysis for XAUUSD trading on November 18, 2024: Last week's trading session saw a significant correction in gold prices. However, by the end of last week, selling pressure weakened and buying interest re-emerged. It is highly likely that gold prices will begin to recover this week. Today's trading trend: BUY. Key price levels to watch: BUY zone:...
Market outlook for the European-American trading session on November 15, 2024: The price correction of gold has been weakening, possibly forming a bottom. However, it is advisable to be patient and wait for lower price levels to find a good entry point. Today's trading trend: BUY. Key price levels to pay attention to: 🔴BUY zone: 2550 - 2555, 2535 - 2540, and...
Market analysis for XAUUSD trading on November 11, 2024: After President Donald Trump's re-election, gold prices have cooled down. The moves and policies that Trump implements could have a significant impact on gold prices. There is a very high likelihood that this adjustment phase will continue. Today's trading trend: SELL. Key price levels to pay attention...
Market analysis for XAUUSD trading on November 8, 2024: The trading session on Thursday rebounded strongly after a previous drop of 100 points. However, the possibility of gold prices still adjusting downward remains as Mr. Donald Trump is elected and implements new policies. The USD may rise significantly, putting pressure on gold prices to decrease. Today's...
Market analysis for Gold (XAUUSD) on November 7, 2024: The news of Donald Trump's re-election as President of the United States has had a significant impact on the global financial market. A decrease in gold prices was anticipated, but the drop of nearly 100 points still caused turmoil in the market. It is highly likely that this correction will continue to...
Market analysis for XAUUSD trading during the European and American sessions: The price adjustment of gold is still ongoing; however, it has not yet broken through the sideways range of 2730 - 2750. If the price breaks below 2730, it will officially undergo a significant correction. The news regarding the Presidential and Congressional elections in the U.S. will...
Market analysis for XAUUSD gold trading on November 4, 2024: At the end of last week's trading session, the gold price closed at 2735. This confirms the price adjustment trend of gold. It is likely that this adjustment will not be as deep as the previous one. Today's trading trend: SELL. Key price levels to pay attention to: SELL zone: 2750 - 2755, 2765 -...
Market outlook for Gold trading during the European-American session on November 1, 2024: Yesterday saw a profit-taking adjustment that was anticipated. This adjustment will be quite strong, and we should wait for a good entry point to implement our upcoming hold strategy. Today's trading trend: SELL. Key price levels to pay attention to: SELL zone: 2760-2765...
Market analysis for XAUUSD trading session in Europe - America on October 30, 2024: The trading session yesterday and the Asian session today have continuously created all-time highs, with gold prices rising sharply towards the 2800 area. In the current trend, we can easily fall into a state of FOMO, making it difficult to find entry points for trades. Our...
Market analysis for XAUUSD trading session on October 29, 2024: The first trading session of the week experienced a significant gap, and as we entered the US session, the price filled the gap and continued to rise in line with the main trend. Today, the price is expected to fluctuate within the range of 2738 - 2765. We are still trading according to the main...
Market analysis for XAUUSD trading on October 28, 2024: After closing last Friday at a price of 2747, the Asian session today opened with a downward GAP that has not yet been filled. This GAP indicates a short-term profit-taking by the BUY side, showing that buying pressure for gold has decreased and a SELL side has emerged in this area. However, today marks the...