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Gold Analysis November 19Fundamental Analysis Gold prices attracted some safe-haven flows after posting its biggest weekly decline in more than three years last week and snapped a six-day losing streak on Monday amid rising geopolitical tensions. In addition, falling US Treasury yields prompted some profit-taking in the US Dollar (USD) following its post-US election rally to fresh yearly highs and turned out to be another factor in favour of the non-yielding yellow metal. USD bulls remained on the defensive in Asian trade on Tuesday, supporting Gold’s further recovery from a two-month low touched last Thursday. Meanwhile, expectations that US President-elect Donald Trump’s policies will reignite inflationary pressures and limit the scope for further rate cuts by the Federal Reserve (Fed). This will keep US bond yields high and benefit USD speculators, which could limit XAU/USD Technical Analysis The technical resistance level of 2624 that Gold is facing will be very important in today's European trading session, the uptrend is relatively strong and there has not been much recovery in price. The 2595 zone is considered the target of all the downtrends today. The 2648-2650 zone is the main resistance zone today. In a strong uptrend, you should prioritize BUY signals at 2615 at old breakout points to have the best strategy for yourself.
OANDA:XAUUSD
by TVS-Trader
1
Gold Price Analysis November 18Fundamental Analysis Gold extended its recovery to test $2,600 amid rising Russia-Ukraine tensions, ending a six-day losing streak. The latest gold rally could be due to rising Russia-Ukraine geopolitical tensions after the United States authorized Ukraine to use long-range US weapons to attack Russia. The greenback’s rally following Donald Trump’s election victory could put some selling pressure on USD-denominated gold. Expectations of higher inflation next year due to Donald Trump’s policies have led to fewer expected rate cuts. In addition, traders have reduced expectations of lower interest rates in December after Fed Chairman Jerome Powell said the US central bank would not rush to cut, citing “remarkable” economic performance. Higher interest rates tend to drag gold prices lower, as it makes holding non-yielding assets like gold less attractive. Technical analysis. Gold prices have reacted at the EMA 34 zone, which is also an important dynamic resistance zone in the Asian session. The price zone of special note today is 2617-2615 at the upper boundary and the Asian session breakout support zone this morning is around 2575. The possibility of an uptrend and the formation of wave 3 has also been established according to the technical chart, so BUY signals will be prioritized today.
OANDA:XAUUSD
by TVS-Trader
2
GBPUSD analysis week 47🌐Fundamental Analysis UK employment figures largely beat expectations, but wage growth fueled inflation concerns. While jobless claims were lower than forecast, the number of people claiming unemployment benefits still rose from the previous month's revised figure. The Bank of England's (BoE) latest Monetary Policy Report is due out on Wednesday morning, and investors will be looking for hints on how the BoE plans to deal with the unbalanced UK economy that continues to struggle with inflation numbers. On the US side, key CPI inflation figures are due to hit the market. Headline CPI inflation is expected to have edged higher to 2.6% year-on-year from September's 2.4%. Core CPI inflation is expected to have held steady at 3.3% year-on-year. The monthly figures for both inflation are generally expected to remain unchanged from the previous month. 🕯Technical Analysis The downtrend is still showing no signs of stopping for GBPUSD. The next important support zone that the pair is aiming for is 1.2470, which is the old bottom area that saw strong price reaction from buyers in May. Besides, the possibility that the pair will still stick to the trendline and fall to this support zone, when the buying force is strong enough to break the trendline, the market will also turn around. Hopefully, the bullish waves can break the trendline and form an uptrend towards the resistance of 1.271-1.277-1.286. 📉📈Trading signals BUY GBPUSD 1.247-1.245 Stoploss 1.243 SELL GBPUSD 1.271-1.273 Stoploss 1.276
by TVS-Trader
Gold price analysis November 14Fundamental Analysis Gold (XAU/USD) fell for a fifth straight day and dropped to its lowest since September 19, around $2,554-$2,553 heading into the European session on Thursday. The commodity continued to be weighed down by the post-election rally in the US Dollar (USD) that has extended into the new year, bolstered by optimism about the expected expansionary policies of the incoming Trump administration. Meanwhile, Trump’s potentially inflationary tariffs could force the Federal Reserve (Fed) to pause its easing cycle. Moreover, the US Consumer Price Index (CPI) released on Wednesday pointed to slower progress in lowering inflation and could lead to fewer rate cuts next year. This remains supportive of higher US Treasury yields and contributes to outflows from non-yielding gold. Technical analysis The technical price zone in the current European trading session is around 2648 2659. With the recovery from this zone, gold can recover to the 2587 zone in the near future and in the following days can reach back to the 2616 hook. But this scenario is relatively unlikely when the number of fomo sellers is quite large. When the 2648 zone is broken, the fomo chain continues to sell and pushes the gold price down to 2527 and 2503, so prioritize SELL signals at the present time when the price breaks out of 2648. Wish you a successful trading day.
FOREXCOM:XAUUSD
by TVS-Trader
1
Gold Analysis November 13fundamental analysis Gold prices pared some of their modest intraday gains, although they held above $2,600 heading into the European session on Wednesday. Uncertainty over the extent of trade tariffs promised by U.S. President-elect Donald Trump and their impact on the global economy dampened investor appetite for riskier assets, spurring some flows into the precious metal. In addition, some repositioning ahead of U.S. consumer inflation data turned out to be another supportive factor for the commodity. Meanwhile, the U.S. dollar (USD) held steady at its highest level since early May amid hopes that Trump’s expansionary policies could boost inflation and limit the scope for Federal Reserve (Fed) rate cuts. The outlook still favors rising US Treasury yields, which, in turn, restrains any further upside for non-yielding Gold. Technical Analysis Yesterday, Gold fell back to the 618 Fibo extension level and this morning broke down from 2598 and flew up to 2613. We are currently waiting for a Break to find a Buy point, or at least a correction to the Retracement point at 2603 to detect a Buy signal, because at 2608 like this is a bit half-hearted. Choosing an uptrend for today, but it is only a correction, so before tonight's news, I will choose to buy with a short TP to the 2625 area (in case of breakout at 2615) The SELL levels of 2625 - 2627, 2644 - 2646, 2658 - 2660 will be updated immediately at the time of real-time signal, the admins will notify. The best Buy signal below is to wait for a break of 2593, the price will return to the levels of 2586, 2576 - 2574, a false break through 2565 to catch the entry of 2562 is also good, for other areas, scalp and don't expect too long, at least from the 2574 area onwards to think about holding.
FOREXCOM:XAUUSD
by TVS-Trader
Gold Markets Hold Steady: Analyzing Trends and ProjectionsAs I compose this article, gold is trading at $2,609, experiencing modest gains throughout the day on Wednesday. It has successfully maintained a position above the $2,600 threshold, recovering from its lowest point since September 20, which occurred just the previous day. The US Dollar (USD) retains a bullish momentum, driven by speculation surrounding President-elect Donald Trump’s proposed expansionary economic policies, which are expected to ignite inflation and potentially limit the Federal Reserve's ability to implement significant interest rate cuts. This favorable outlook is supporting higher US Treasury bond yields, which in turn bolster the USD and place a ceiling on the price of the non-yielding precious metal. From a technical standpoint, the current market landscape appears somewhat ambiguous. Prices are rebounding into a demand zone where institutional investors, often referred to as 'smart money,' seem to be strategically accumulating long positions, while retail investors continue to maintain a bullish outlook. Our projections suggest a possible retracement coming in December. Additionally, uncertainties surrounding Trump's proposed trade tariffs and their implications for the global economy are moderating investor enthusiasm for riskier assets, especially in light of the disappointing fiscal stimulus measures from China. This situation consequently provides support for gold prices, which appear to have broken a three-day streak of losses. Market attention is now fixed on the upcoming US consumer inflation data, particularly the pivotal Consumer Price Index (CPI) report. The results could significantly shape expectations concerning the Federal Reserve’s monetary policy direction and dictate the short-term trajectory for gold prices. In light of today's developments, we will assess the situation based on the incoming news and consider potential long positions accordingly. ✅ Please share your thoughts about GOLD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
OANDA:XAUUSD
by FOREXN1
2
Gold let's go ( Repost )- if we just analyze FA basically, the world political climate, fear of wars, Covid, Crises, inflation, Gold will always remains for the old generation the best store of value. - i don't show indicators to keep the chart clean but Gold is turning green and extremely bullish on Monthly Timeframe. - Gold made a constant flat accumulation between 2021-2022. - BB starting to be thinner ( sign of a move ). - This is a Medium/Long Term investment ( 2023 ). -------------------------------------------- Trading Parts : -------------------------------------------- Buy : Now TP1 : 2300$ TP2 : 2500$ -------------------------------------------- - i will post my old gold analysis in comments. Happy Tr4Ding !
OANDA:XAUUSDLong
by thecryer
10
Sell GoldIt appears that the current trend for gold is bearish, suggesting a continuation of the decline. A selling opportunity exists, especially if there is a slight retracement up to the 2706 level, which could act as a favorable sell zone. The anticipated price drop targets the following take-profit zones: First Target: Around 2666 Second Target: Around 2652 Third Target: Around 2622 Each of these levels represents a potential area to consider for taking profits on short positions. Notably, the 2622 level is identified as a strong buying zone, offering a good opportunity to initiate long positions. Risk Management Reminder: I strongly advise to adhere strictly to risk management strategies when trading these levels.
PEPPERSTONE:XAUUSDShort
by Mohamed_Kabesh
BTCUSDT: Key Support Zone for Potential ReboundBTCUSDT recently surged, reaching around 76,350 USDT, but now shows signs of a potential pullback. The chart indicates that a retracement could occur towards the support zone around 73,400 USDT (highlighted in blue). If BTC holds above this support level, it could create a strong foundation for another upward push, potentially leading to a continuation of the bullish trend. Traders should watch for price action around this support zone, as a bounce from here may signal a resumption of the uptrend.
Long
by Sanhara
Gold price analysis November 8Fundamental Analysis After Trump took office, hopes that his policies would boost economic growth and inflation, to a greater extent, overshadowed the dovish outlook of the Federal Reserve (Fed), which helped revive demand for the US Dollar (USD). In addition, a generally positive risk tone undermined the safe-haven precious metal. Meanwhile, falling US Treasury yields could keep US bulls from placing aggressive bets and help limit any further downside in non-yielding Gold prices. However, XAU/USD, for now, appears to have stalled its nice recovery from the 50-day Simple Moving Average (SMA) support, or above the three-week low touched on Thursday, and remains on track to post a second consecutive weekly loss. Technical Analysis If the correction of gold fails to exceed the 2690 zone, the recovery may last until the beginning of the US session. Our target is around 2676 at this signal. Today's main port area is noted around the bottom of the 2650 correction wave. When gold breaks 2690, wait for a retest and BUY to the 2710 and 2730 zones.
OANDA:XAUUSD
by TVS-Trader
Gold price analysis November 7Fundamental Analysis Gold (XAU/USD) extended losses for a second straight session on Thursday. The dollar-denominated precious metal faced downward pressure from a stronger US dollar (USD) following former President Donald Trump’s victory in the US election. Gold prices are under pressure as safe-haven flows ease amid market optimism and the “Trump trade”. The move was driven by the apparent victory of the president, while the market had previously anticipated a controversial outcome. The US Federal Reserve’s (Fed) policy decision will be in focus on Thursday. Markets expect a modest 25 basis point rate cut this week. This could be supportive for Gold as lower interest rates reduce the opportunity cost of holding non-yielding assets. The CME FedWatch tool shows a 98.1% chance that the Fed will cut interest rates by 0.25 percentage points in November. Technical Analysis After yesterday's sharp decline, Gold is being adjusted slightly higher at the beginning of today's Asian trading session. Pay attention to the 2677 port area for SELL strategies in the Asian and European sessions. The 2625 and 2603 support areas become key support levels and also become TP zones for SELL signals. The psychological port breakout zone of 2700 becomes an important resistance zone at the moment when Gold prices have some retests.
OANDA:XAUUSD
by TVS-Trader
2
Nonfarm Trading PlanFundamental Analysis The Federal Reserve (Fed) meets next week and announces its monetary policy decision on Thursday, November 7. The odds of a 25 basis point (bps) rate cut are 94.5%, down slightly from 95.5% last week. However, market players are still weighing whether a Republican victory in the upcoming presidential election could force the Fed to slow its easing. Meanwhile, the Bank of Japan (BoJ) decided to keep its interest rate target unchanged at 0.25% on Thursday and reiterated its forecast for inflation to remain near its 2% target. The announcement weighed on the Japanese Yen (JPY), supporting the US Dollar. Asian and European stock indexes fell sharply, leading Wall Street to a second straight day of declines. Focus now shifts to the US Non-Farm Payrolls (NFP) report, due out on Friday. The economy is expected to add 113,000 new jobs in October, while the unemployment rate is expected to hold steady at 4.1%. Technical Analysis After a sharp drop in gold prices last night in the US session, gold recovered from the 2730 area. The 2732 area is considered an important session port area when the market's momentum begins to jump into the market. The Asian breakout zone is also noted around 2744 for scalping around the European session when selling pressure returns. Currently, gold cannot break 2754, so gold will have a push to 44 and 30 before Nonfarm. According to this scenario, Nonfarm gold will continue to sweep down first and it will be difficult to push up after Nonfarm. Pay attention to the 2720 and 2710 zones when nonfarm is announced. If gold breaks to the 2754 zone, it will be pushed back to the 2761 and 2773 zones to execute the SELL plan.
OANDA:XAUUSD
by TVS-Trader