Market analysis, trading strategy in the 2690~2721 rangeThe global geopolitical situation is tense, and the risk aversion sentiment of gold is strong. The bullish trend is still the mainstream this week. This week's trading should still be based on low and long. The high point of 2710 last week was broken, and it is possible to see 2750 and 2790 this week. In principle, we still don't guess the top. Combine the pattern to do a good job in each wave of the market. The Asian session opened high and then fell back, with the lowest at 2690. It is currently rising again. Then, the trend point of the day is very obvious. Continue to buy more near 2690!
After the Asian session opened low, gold continued to rise sharply. The upper pressure fell back to 2721. Gold began to fluctuate in the short term, and the gold trend is still bullish. After a continuous surge in gold, it is normal for gold to fall back and fluctuate. However, gold is still bullish now. It is the right approach to continue to buy more after a fall.
The 1-hour moving average of gold still broke through and arranged upward. The short-term fluctuated between 2690-2721. It continued to buy more on dips when it fell back to 2690 in the Asian session.
First support: 2700, second support: 2689, third support: 2675
First resistance: 2720, second resistance: 2735, third resistance: 2750
Trading strategy:
BUY: 2690-2692
SELL: 2720-2723
Goldlong
Gold is Ready For BullHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GOLD DAILY CHART UPDATEHey Everyone,
Please see our updated daily chart idea that we updated last week.
This chart is playing out perfectly, as we had the support test at 2560 weighted level with no ema5 cross confirming support for the rejection and bounce like we analysed.
This followed with the bullish target gap at 2629 being hit with a cross and lock opening 2686. 2686 was hit perfectly completing this range. We now have candle body close above 2686 leaving a gap above at 2760 but ema5 cross and lock will further confirm this.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up using our smaller timeframe ideas.
Our long term bias is Bullish and therefore we look forward to drops like this, which allows us to continue to use our smaller timeframes to buy dips using our levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
XAU/USD Longs from 2695.000 or 2665.000 back up to supplyThis week, my analysis for gold leans toward continued bullish momentum. Over the past week, gold has shown significant bullish behaviour, including a clear change of character to the upside on the higher time frame. My plan is to look for buying opportunities at the nearest valid demand zones, specifically the 55-minute or 13-hour demand zones below the current price level.
Following this corrective move, I anticipate another rally to the upside, potentially mitigating my marked supply zones above, where I’ll evaluate for short-term selling opportunities. However, I’ll reassess as the week progresses. For now, my bias remains firmly bullish on gold.
Confluences for GOLD BUYS:
- Price has broken structure to the upside and continues to display strong bullish momentum.
- Both higher and lower time frame analysis indicate persistent bullish pressure.
- Key demand zones provide excellent retracement levels for potential buy entries.
- Significant upside liquidity remains untapped, acting as potential targets.
- Candlestick patterns highlight robust bullish sentiment.
P.S. With ongoing fundamental news driving gold’s bullish movement, my sentiment will remain bullish unless there’s a clear indication of a trend reversal.
XAUUSD: Market analysis and strategy for today 22/11Gold technical analysis
Daily resistance 2750, support 2650
Four-hour resistance 2750, support 2650
Gold operation suggestions: Gold started to rise at the opening of the Asian session today. As of now, gold has reached the highest level of 27000. As the situation in Russia and Ukraine ferments, there is still momentum for rising. Today's idea is still to buy more after stepping back. The 2685 line of pressure is also easily broken, and there is no sign of weakness in the bulls. The recent rise in gold is directly related to the escalation of the situation in Russia and Ukraine. Today is Friday, and we also need to prevent the black swan waterfall from falling in the European and American sessions, so any order needs to be strictly loss-making, and risk control is the first priority.
From the current 4-hour gold trend, the upper important pressure is the 2750 line, the lower short-term support is the 2670 line, and the lower support is the 2650 line. In terms of operation, we use the step-back buying operation. The aggressive strategy is to buy directly and wait patiently for the key points to enter the market.
BUY:2672near
BUY:2685near
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
Gold Analysis==>>Contracting Triangle!!!Gold ( OANDA:XAUUSD ) is moving in the Resistance zone($2,688-$2,666) .
According to the Elliott wave theory , Gold has successfully completed microwave 4 with the help of a Contracting Triangle and is currently completing main wave 5 .
I expect Gold to go up at least as far as the Potential Reversal Zone(PRZ) [$2,679-$2,675 ] and the upper line of Bollinger Band and then correct .
Note: In previous posts, I told you that the Bollinger Bands indicator works well for gold in the 1-hour time frame.
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
GOLD:Long target 2710
This week gold rebounded for 5 consecutive days, and is currently pulling up, this week's rise has risen back to all the previous decline, short and long rapid conversion, if there is no big surprise today, the weekly line will close super big sun line, and next week has the power to rise, the weekly line is also formed a big V, today's thinking continue to be bullish. The target 2685 mentioned in the previous article is also easy to break through, and the bulls did not have any weakening signal, such a market is not directly chasing the car, it is difficult to find its top in what position, follow the trend is the safest, this wave of gold rise and the escalation of the situation in Russia and Ukraine have a direct relationship.
More aggressive friends can be directly long near 2690, a safe entry point is 2680-85. You can buy multiple orders in batches. Target look near 2710.
Gold is in the bullish direction after correcting the supportHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Quick update long 14 novemberA quick update on Gold. She moved exactly and perfectly as I wanted to see. Last week on 14 november, I gave up a long position on Gold, and she did exactly what I expected. She broke through the grey box. If she does a small retest of the grey box, I might open one last long position. If she doesn’t, no problem—I’ll let it run to TP. If she breaks back below the grey box, I’ll close my profits. The analysis and movement have been perfect, and now I’m waiting for the retest or for my take profit (TP) to be hit.
GOLD:Retracting the long trading strategy
Gold rebounded to around 2660 as scheduled, the bulls have come to strong pressure, but it has no meaning to fall, we can not know the end of this wave of long rebound, the operation to follow the trend, the shape of the weekly bearish trend will be changed, yesterday's bottom pulled up again, the daily line step by step, three consecutive trading days closed in the sun, Such a market must see clearly the general direction, otherwise it is difficult to grasp the rhythm, when you can not see clearly on the sidelines waiting, today's thinking waiting for its retrace opportunity to do long.
Daily line these two days to form two strong support, one is yesterday's low 2618 near, this position is not broken, short-term are strong, if broken, the form may form a new bear.
Another support is around 2642, yesterday's rebound high, is also a new form of support, today back to step on this position first layout more single. Target 2660, after breaking 2680-85.
Despite the barrier of USD price increase, GOLD still increasesThe latest US weekly macroeconomic data showed 213,000 new unemployment claims, down sharply from the previous week. This further increases the market's expectation that the US Federal Reserve (FED) will further lower interest rates in December.
In response to this information, the USD–Index surpassed the 107 point mark, meaning the USD increased in price very strongly, which could have a negative impact on the gold market.
However, today's gold price continues to increase. The reason for the Russia-Ukraine military conflict is still tense. Investors look to gold for a safe haven for capital.
🔥 GOLD SELL 2698 - 2700🔥
💵 TP1: 2685
💵 TP2: 2675
💵 TP3: OPEN
🚫 SL: 2708
🔥 GOLD BUY 2673 - 2675🔥
💵 TP1: 2685
💵 TP2: 2695
💵 TP3: OPEN
🚫 SL: 2668
Risk aversion rises, continue to go longThe daily chart of gold shows strong performance, and the intraday trend is also fluctuating upward. There are opportunities for BUY/SELL in the fluctuating market! Today, the upper resistance of gold is at 2673 US dollars. Rebounds rely on short selling below this resistance, and then look at the support of 2641 US dollars below!
Gold continued to rise strongly yesterday. If it falls back, continue to go long. Don't think too much.
The 1-hour moving average of gold crosses the bulls upward, and gold is still strong in the short term. After breaking through 2640 in the US market yesterday, gold continued to rise strongly. Gold 2640 has now turned into support. Gold falls back to 2640 and continues to go long on dips.
First support: 2647, second support: 2640, third support: 2620
First resistance: 2662, second resistance: 2673, third resistance: 2685
Trading strategy:
BUY: 2645-2647
SELL: 2671-2673
GOLD BUY | Idea Trading AnalysisGOLD is moving in an UP trend channel.
The chart broke through the dynamic Resistance line, which now acts as support.
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GOLD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
XAUUSD - 4hr Simple Trading - Bump & Run pattern
The 4hr chart has given us a beautiful setup.
Before the run, the first entry was after the impulse trend was broken. Then, we waited for the price to make the second confirmation by breaking above the main "3 touch" trendline.
With Gold remaining bullish after the DXY rose higher and higher, it only proves that gold is still a bullish giant.
Targets:
1 - 2685 (quarter 3 high)
2 - 2710 (target 1)
3 - 2750 (target 2)
4 - ATH
XAUUSD, 15-MINUTE TIMEFRAME CHARTCAPITALCOM:GOLD XAUUSD, 15-minute timeframe chart
General outlook
XAUUSD has been under buying pressure within the last day. The pair moved to the level of 2,650.00.
Possible scenario
The best way to use this opportunity is to place a buy order at 2,652.
Set your stop loss at 2,647. below the previous low ($5.00 loss for 0.01 lot) and take profit at 2,672. ($20.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
OANDA:XAUUSD CAPITALCOM:GOLD
Xauusd (Gold): a perspectivehello guys!
as you see before:
Gold broke the ascending channel but it didn't change the main bullish trend, why?!
because it has a strong support level in the blue area!
so I think we should stick to the long position and the bullish trend!
now I suppose it will touch the blue area! so that level is suitable for getting a long position!
let's see if the market matches with my analysis!
GOLD:A long trading strategy
These two days of gold bulls are very strong, the daily line for two consecutive trading days crazy pull, has topped the daily pressure around 2642, in terms of its power 2642 is difficult to keep, yesterday stepped back today pulled up again, this wave of rise is caused by the escalation of the situation in Russia and Ukraine, today we first find more single opportunities
2642 This yesterday short thinking in line with expectations, there is little room for decline. Today's thinking to do more, at present, bullish strong support has been in step by step, long has worn the daily line 5 and 10 line, long trend is beyond doubt, but the weekly trend of short or in, we pay attention to it this wave of height can change the weekly short trend.
The shape of K has been V-shaped, there are many opportunities for backstepping, and the 4-hour moving average is also pierced, the previous backstepping low 2620 is today's strong support, small support is already around 2630-32.
Support around 2620 and 2630 can be long in batches, target 2642, disk strength division line 2632.