Gold 4HR CHARTPrice currently consolidating between the 0.382 and 0.5 Fibonacci levels.
Primary buy zone identified at 4065–4023 (0.5–0.618 retracement).
Monitoring for bullish rejection or a 1H structure shift before entering long.
Bearish continuation only confirmed on a break and retest below 4023.
Futures market
Currency Convertibility Issues in the Global Market1. What Is Currency Convertibility?
Currency convertibility means the freedom to exchange one currency for another at market-determined exchange rates without government restrictions. Economists classify convertibility into three broad categories:
1. Current Account Convertibility
This applies to trade-related payments—goods, services, remittances, tourism, and business transfers. It allows:
Importers to pay in foreign currencies
Exporters to convert foreign earnings into domestic currency
Businesses to make cross-border payments easily
Most countries, including India, have current account convertibility.
2. Capital Account Convertibility
This involves conversion for investments, loans, equity markets, and financial assets. Examples include:
A foreigner buying Indian stocks
An Indian investor buying property abroad
Companies borrowing in foreign currency
Capital account convertibility is more sensitive because it can trigger sudden capital inflows or outflows, affecting exchange rates and economic stability.
3. Full Convertibility
This means complete freedom for both trade and financial conversions with zero government restrictions. Fully open economies like the US, UK, Japan, and Eurozone operate with full convertibility.
2. Why Currency Convertibility Matters
Currency convertibility shapes how a country participates in global markets. When a currency is easily convertible:
Trade flows become smoother, reducing friction and delays.
Foreign investors enter more confidently since they can exit anytime.
Stock markets become globally integrated with international benchmarks.
Borrowing becomes cheaper, especially for developing economies.
Companies can hedge currency risks efficiently through forwards, futures, and swaps.
However, increased convertibility also increases vulnerability. A country with weak financial supervision or low forex reserves may face:
Rapid speculative attacks
Sharp currency depreciation
Loss of monetary control
Economic instability
Thus, convertibility is a double-edged sword.
3. Global Convertibility Issues: Why Some Currencies Struggle
A. Exchange Rate Volatility
In fully convertible markets, currencies move freely. But free float can lead to:
Rapid appreciation (hurting exports)
Sudden depreciation (making imports costly)
Unpredictable price swings due to speculation
Countries with fragile economies often impose curbs to protect themselves from such volatility.
B. Low Foreign Exchange Reserves
If a central bank doesn’t have enough forex reserves, it cannot support its currency during high demand. This is why:
Some African nations
Emerging economies
War-affected or sanctions-hit countries
restrict convertibility to avoid currency collapse.
C. Capital Flight
Capital account convertibility can trigger massive outflows during instability. If investors fear:
Political unrest
Corruption
Weak banking systems
High inflation
Policy uncertainty
they rapidly exit, collapsing the currency. To prevent this, many nations limit foreign investors’ inflow–outflow flexibility.
D. Black Market Currency Exchanges
Countries with strict convertibility controls often see parallel black markets. Examples include:
Argentina
Venezuela
Nigeria
When official exchange rates are unrealistic, black market rates become the “true value,” causing huge distortions.
E. Sanctions and Geopolitical Pressures
Global tensions can disrupt convertibility. For example:
Countries under US/EU sanctions may be blocked from USD payment systems
Banks can be removed from SWIFT
Their currency becomes globally non-usable
This makes trade and investment nearly impossible.
F. Financial Market Immaturity
A country needs:
Deep bond markets
Strong banks
Stable monetary policy
Robust regulation
before fully opening its currency. Without these foundations, full convertibility becomes dangerous.
4. Role of the US Dollar and Reserve Currencies
Convertibility issues are deeply connected to the global dominance of the USD. As the world’s primary reserve currency, the dollar is:
Used in 80% of global trade
Seen as a safe haven
Highly liquid and fully convertible
This creates an imbalance:
Developing nations depend heavily on USD reserves
Smaller currencies cannot compete
Debt denominated in USD can become burdensome when domestic currency weakens
The euro, yen, and pound are also freely convertible, but the dollar’s dominance overshadows them.
5. Case Studies Illustrating Convertibility Challenges
1. India
India has full current account convertibility but partial capital account convertibility.
Why no full convertibility yet?
To avoid sudden capital flight
To protect the rupee from speculation
To preserve forex reserves
To maintain monetary stability
India gradually liberalizes convertibility based on economic strength.
2. China
China restricts capital convertibility to maintain:
Control over foreign investment
Stability in the yuan
Protection for domestic industries
The yuan is tightly managed through currency baskets and controls to avoid volatility.
3. Argentina & Venezuela
Frequent currency crises, hyperinflation, and political instability led to strict limits on convertibility. Black markets flourished, widening the gap between official and real rates.
4. Russia
After sanctions, Russia faced difficulty in global convertibility. Many banks were cut off from SWIFT, and the ruble became harder to trade internationally.
6. How Convertibility Impacts Global Trade and Investment
A. For Businesses
Convertibility affects:
Pricing of imports/exports
Hedging costs
Profit repatriation
Contract risks
Companies prefer countries where currencies are stable and easily convertible.
B. For Investors
Restrictions create:
Uncertainty in exiting positions
Higher risks
Liquidity problems
Foreign portfolio investors avoid markets where they cannot freely repatriate profits.
C. For Governments
Convertibility influences:
Inflation
Interest rates
Capital flows
Economic growth
Governments must balance openness with safety.
7. The Future of Currency Convertibility
Globally, currencies are moving toward more controlled convertibility rather than fully free systems. The reasons include:
Increased geopolitical risks
Rise of protectionism
Currency wars
Fragile global financial systems
Rapid capital flows due to algorithmic trading
Digital currencies (CBDCs), blockchain-based settlement systems, and alternative payment networks may reshape future convertibility dynamics.
Conclusion
Currency convertibility is essential for global trade, investment, and financial integration, but it brings significant risks if not managed carefully. Countries with strong institutions and deep financial markets enjoy full convertibility, while emerging economies cautiously liberalize their currency systems to protect stability. Understanding convertibility issues helps investors, traders, and policymakers navigate global markets with clarity and foresight.
Global Energy Dynamics and Geopolitical Trade Routes1. The Foundation: Why Energy Shapes Global Power
Energy is the engine behind transportation, manufacturing, digital infrastructure, agriculture, and military strength. Nations with abundant energy—like Saudi Arabia, Russia, or the U.S.—carry global influence. Nations dependent on imports—like India, Japan, or most of Europe—must secure safe trade routes and diplomatic relationships.
There are three major categories in global energy dynamics:
1. Fossil Fuels (Oil, Gas, Coal)
Still dominate global energy consumption (over 75%).
Key for transportation (oil), heating & power (gas), and bulk energy (coal).
Controlled by resource-heavy nations (Middle East, U.S., Russia, Australia).
2. Renewables (Solar, Wind, Hydro, Green Hydrogen)
Growing rapidly because of climate goals and cost reduction.
Countries compete to become renewable technology leaders (China, Europe, U.S., India).
3. Nuclear Energy
Provides long-term stable baseload power.
Geopolitically sensitive because of dual uses (civilian + military).
Every country strategizes to ensure energy security—meaning energy should be affordable, accessible, and uninterrupted.
2. Major Players Controlling Global Energy
Middle East – Oil & Gas Superpower
Home to the largest oil reserves (Saudi Arabia, Iraq, UAE, Iran, Kuwait).
The region influences global prices via OPEC+ production decisions.
Any tension—war, blockade, sabotage—instantly impacts global markets.
United States – Shale Revolution Leader
World's largest oil and gas producer.
Controls energy diplomacy through production capacity, sanctions, and technology.
LNG exports from the U.S. influence European and Asian markets.
Russia – Energy Leverage Over Europe
Major exporter of natural gas and crude oil.
Controls pipelines into Europe.
Has used energy as a strategic bargaining tool.
China – World’s Largest Energy Consumer
Dominates solar, battery, and rare earth markets.
Heavy dependence on Middle East oil and foreign natural gas.
Secures maritime routes via the Belt and Road Initiative (BRI).
India – Fastest-Growing Energy Market
Heavy importer of crude oil (~85%).
Diversifying import partners to avoid over-dependence.
Expanding renewables and strategic petroleum reserves.
3. Key Geopolitical Trade Routes in Global Energy
Energy moves through oceans, pipelines, and chokepoints. Any disruption impacts global prices and supply security.
1. Strait of Hormuz (Persian Gulf)
Most important oil chokepoint in the world.
~20% of global oil and ~25% of LNG passes through.
Surrounded by Iran and U.S.-allied Gulf states—very sensitive region.
Even a minor conflict can cause oil prices to spike.
2. Strait of Malacca (Between India, China, Southeast Asia)
China, Japan, South Korea heavily depend on this route for fuel imports.
Any disruption forces tankers to take longer, costly paths.
India’s presence in the Indian Ocean gives it strategic leverage.
3. Suez Canal & SUMED Pipeline (Egypt)
Connects Middle East oil to Europe.
Blockages increase transportation time around Africa.
Critical for LNG shipments too.
4. Panama Canal
Important for U.S. LNG trade to Asia.
Climate change–driven drought affects capacity.
5. Russia-Europe Pipelines
Nord Stream, Druzhba, TurkStream, and others.
Pipeline sabotage or sanctions immediately affect European power prices.
6. Africa’s West & East Coast Routes
West Africa exports crude to Europe and Asia.
East Africa emerging as LNG route (Mozambique).
If these routes are disrupted due to war, piracy, sanctions, or blockades, global energy markets react instantly.
4. How Geopolitics Shapes Energy Decisions
Sanctions as Weapons
Nations use sanctions to punish rivals.
U.S. sanctions on Iran and Russia reduced their oil exports.
These sanctions shift global trade flows—India, China, and Turkey buy discounted oil.
Energy as Diplomatic Leverage
Energy-rich nations influence global politics:
Russia pressures Europe through gas supply.
Saudi Arabia adjusts production to stabilize or shock global markets.
Qatar’s LNG gives it major diplomatic importance.
Military Presence Protects Trade Routes
Countries place naval forces near key chokepoints:
U.S. Fifth Fleet in the Persian Gulf.
India in the Indian Ocean.
China near the South China Sea.
Technology & Supply Chain Power
China dominates:
Solar module production.
Battery manufacturing.
Rare earth mining.
This gives China a new form of energy leverage similar to OPEC’s oil power.
5. The Shift Toward Renewables and New Geopolitics
The world is moving toward clean energy, creating new winners and losers.
Winners
Countries with abundant sun/wind (India, Australia, Middle East).
Nations leading in battery and EV technology (China).
Nations rich in critical minerals like lithium, cobalt, nickel (Chile, DRC, Indonesia).
Losers
Countries dependent solely on oil exports.
Nations slow in clean-tech investments.
Green Hydrogen Trade Routes
Future trade routes will shift from crude oil tankers to hydrogen carriers.
Major exporters expected:
Saudi Arabia
UAE
Australia
India (later stage)
Importers:
Japan
South Korea
Europe
6. Energy Security Strategies Countries Use
Countries globally adopt 6 major strategies:
1. Diversification of Suppliers
Don’t depend too much on one country.
India buys from Gulf, Russia, U.S., Africa.
2. Strategic Petroleum Reserves (SPR)
A buffer against supply shocks.
India, China, U.S., Japan maintain large SPRs.
3. Building New Pipelines & Ports
Example: India’s west coast LNG terminals.
EU’s pipelines from Norway and Caspian region.
4. Building Alliances
QUAD, OPEC+, IEA—energy diplomacy groups.
5. Investing in Renewables
Reduces fossil fuel dependence and price volatility.
6. Securing Maritime Routes
Stronger navy, anti-piracy operations, trade agreements.
7. The Future of Global Energy Dynamics
The next decade will be shaped by:
1. Multipolar Energy World
Energy power shifting from the Middle East–U.S.–Russia triangle to:
India
China
Africa
Renewable superpowers
2. Electrification Era
EVs, solar parks, energy storage systems reduce oil demand long-term.
3. Digital and AI-driven Energy Systems
Smart grids, demand forecasting, AI optimization.
4. New Vulnerabilities
Cyberattacks on power plants and pipelines.
Supply chain dependencies on minerals and chips.
Conclusion
Global energy dynamics and geopolitical trade routes form the backbone of global economic stability. They decide fuel prices, industrial growth, inflation levels, and even military strategies. As the world transitions from oil dominance to renewable energy leadership, the geopolitical map will evolve. New trade routes, new alliances, and new energy powers will emerge. In short, understanding energy geopolitics means understanding the future of global power balance.
Where are we?Price is within two opposing walls in the Daily chart. My Bullish case is when the next trading week price is able to purge the Previous Daily Low and revert to the opposite liquidity pool. I'd like to see price remain above 4000 to support my Bullish bias. My bearish case is that I'd like to see price taking out the Previous Daily High and then repelled by the SIBI. I want to see a solid rejection on the hourly to confirm my case.
For the meantime, my bias is neutral until price has shown its hand.
GOLD Overall Structure (1D Timeframe)✅ 1. Overall Structure (1D Timeframe)
• A descending corrective channel (yellow lines)
• Major rejection at the channel top
• Price making lower highs (LH) → still bearish structure
• Price currently sitting below the mid-range of the channel
This means:
👉 Gold is still in a corrective downtrend, not bullish yet.
👉 High probability the market wants to fill lower OBs before any breakout.
________________________________________
✅ 2. Key Areas I Highlighted
🔷 1D TF FVG (4,107–4,150) – Major Resistance
• This zone is extremely important.
• Price has failed here multiple times already.
• As long as price is below this → bearish pressure continues.
This is the “breaker” level for bulls.
________________________________________
🔴 1D OB Zones Below (Demand Areas)
I mapped the OB zones correctly:
1️⃣ OB: 3,990 – 3,950
• First liquidity target
• Already almost tapped/mitigated
• Still valid for another reaction
2️⃣ OB: 3,929 – 3,885
• Stronger demand
• Highly likely to get tapped if the rejection continues
• My trendline bottom also aligns here → confluence
3️⃣ OB: 3,800 – 3,700
• If price breaks deeper into channel
• This is the next liquidity layer
These OBs line up perfectly with my descending channel.
________________________________________
Extreme Liquidity Below
I noted:
• 3100
• 3000
• 2600
These are macro liquidity harvest levels, NOT near-term.
Price falls here only if:
• Channel breaks down
• Major macro bearish shift occurs
→ Not likely in the next few weeks unless massive catalyst.
________________________________________
✅ 3. Updated Structural Reading (Using New Drawing)
A. Price recently failed to break the upper channel
This supports more downside.
B. I drew an ABC correction
The new chart also still shows:
• A → B → C decline likely forming
• Potential completion at the lower trendline
This supports a drop before any rally.
C. My white projection (V-shape recovery)
This large bullish projection is valid ONLY if:
• Price touches lower OB
➡️ 3,929 – 3,885
• And then breaks back above
➡️ 4,150
Only then the big bullish run can start.
________________________________________
📉 4. Most Likely Path (Updated With New Chart)
Based on my new structure:
Primary Scenario (70% probability)
Price drops to the lower OB:
→ 3,929 – 3,885
Possibly even wick into:
→ 3,800 – 3,700
Then:
Strong bounce → retest 1D FVG (4,107–4,150)
If rejection again → continuation inside channel.
________________________________________
Bullish Scenario (30% probability)
For my yellow arrow to be valid:
1. Price must touch the lower OB
2. Then form a strong reversal
3. Then break upward out of the descending channel
4. Then close above 4,150
5. Target becomes: 4,380 → 4,800
This matches my yellow long-term projection.
________________________________________
🎯 5. Key Levels to Watch (Updated)
Immediate Support
Level Significance
3,990 Weak OB – might not hold
3,950 First real support
3,929 – 3,885 🔥 Strong OB + channel bottom confluence
Immediate Resistance
Level Significance
4,107–4,150 🔷 Strong 1D FVG (must break for bulls)
4,200 Channel breakout level
4,380 First macro target
________________________________________
⭐ 6. Simple Final Summary (Very Clear)
My new chart indicates:
✔️ Market still bearish inside descending channel
✔️ Price likely drops to 3,929–3,885 OB
✔️ This is the best zone for bullish reversal
✔️ Bulls must break 4,150 to confirm trend change
✔️ If breakout happens → target 4,380–4,800
✔️ If OB fails → deeper channel drop to 3,700 OB
I drew the structure correctly. The analysis fully matches my levels.
Gold Buys for Next WeekAfter the mid-October sell-off, Gold entered a period of consolidation lasting more than a week. Price showed clear indecision during this phase. Buyers were convinced the correction had run its course, while sellers continued to push for a deeper move down.
Once the U.S. government reopened, the bullish continuation many traders anticipated finally came through.
Following this minor pullback, I want to see buyers step back in and drive price higher, ideally making a move to retest the previous all-time highs.
Generational Wealth | Precious Metals Super Cycle | GoldStrategy: Impulse Correction
Direction: Bullish
Moving Average: Blue above Red
Fib Retracement: 38.2 reached
MACD > 0
Support: After a massive sell-off across the board, we will look to see if gold can hold support by bouncing off the moving averages. Lets see if it can find bullish strength and regain the move experienced on Friday. If it moves lower, we could see it going back to 4000, before a potential reversal.
1st Target = 4380
2nd Target = 4669
3rd Target = 5041
Lots: 0.1 (Plan to pyramid into this one)
INSIGHTS: Precious metals continue to show strength with a weakening dollar. Pay attention to the DBC commodity Index which is indicating strength across the commodity complex. Alongside this, the DXY is sitting at an interesting level. Lets see whether will bounce at this level off a multiyear trend or whether the dollar will give way to lower lows in the coming months.
Generational Wealth | Precious Metals Super Cycle | Palladium Strategy: Impulse Correction
Direction: Bullish
Moving Average: Blue above Red
Fib Retracement: 38.2 reached
MACD > 0
Support : Finding additional confluence, as the weekly bounces off a massive support structure.
Alongside this, we can see that a reverse pattern is becoming clear with additional support illustrated by the support level in the form of the rectangular red box.
1st Target = 1678
2nd Target = 1836
3rd Target = 2039
Lots: 0.1 (Plan to pyramid into this one)
INSIGHTS: Precious metals continue to show strength with a weakening dollar. Pay attention to the DBC commodity Index which is indicating strength across the commodity complex. Alongside this, the DXY is sitting at an interesting level. Lets see whether will bounce at this level off a multiyear trend or whether the dollar will give way to lower lows in the coming months.
Hidden Strength in Gold Despite Market NoiseGold Outlook – Monday, Nov 17, 2025 & The Week Ahead
This report covers:
• Key geopolitical & macro developments
• Weekly, monthly, and daily chart structure
• Major price levels for the upcoming week
• Monday’s actionable entry zones and targets
1. Geopolitical & Macro Drivers
Recent developments continue to reinforce volatility and uncertainty:
- U.S. government reopened, but political tensions signal a possible shutdown in January 2026 — bullish for gold.
- Gold surged early last week from $4004 → $4245 as rate-cut expectations strengthened, but Friday’s pullback to $4032 came after those rate-cut bets dropped sharply — bearish for gold.
- Trump confirms planned military actions against Venezuela — bullish for gold.
The news flow is heavy, but as always:
- We do not trade the headlines — we trade the chart.
- No bias, no emotional forecasting.
- We may sell in the morning and buy again in the evening.
- Trend is our guide.
2. Monthly Chart Notes
November’s range so far: High 4244 / Low 3928.
- Price is compressing into the apex of a monthly triangle, suggesting a potential breakout in December 2025 in either direction.
- Monthly structure = high volatility ahead.
3. Weekly Chart Notes
Gold has been inside a rising weekly channel for three weeks:
• Next week’s upper boundary: ~4300
• Lower boundary: ~4013
Key implications:
A break below 4013 → 4004 → 4000 risks a full channel breakdown targeting 3930 → 3850.
Holding above 4000 keeps bullish targets open: 4130 → 4244 → 4295–4300.
Price is currently near the lower side of the channel — a critical zone.
4. Daily Chart Notes
Friday’s close at 4085 sits exactly on the Daily MA10 (4087):
Holding above MA10 opens the door to:
4122 → 4134 → 4170 → 4220 → 4263
Failure to reclaim MA10 keeps pressure toward:
4046 → 4030 → 4013
Very clean technical structure to start the week.
5. Key Levels for November
Covered in earlier reports — unchanged.
6. Monday’s Entry Zones & Targets
Bullish Scenario (Buy)
Entry: Above 4103 (aggressive entry from 4095)
Targets:
4112 – (4120–4124) – 4134 – 4142 – 4150 – 4162 – 4173 – 4187 –
4200 – 4211 – 4224 – (4237–4243) – 4273 – 4300
Bearish Scenario (Sell)
Entry: Below 4066 (aggressive from 4073)
Targets:
4052 – 4042 – (4032–4030) – 4021 – 4000 – 3992 – 3984 –
3971 – 3956 – 3944 – 3933
Note: The recent 3-week sideways volatility means target spacing is tight.
Secure partial profits frequently and trail remaining positions.
Note:
• If you benefit from the analysis, your support through a comment or share makes a big difference.
Disclaimer
This analysis reflects personal observations of market structure and macro conditions and It is not investment advice. Trading financial markets carries significant risk, and all decisions are the responsibility of the trader.
Wishing everyone a profitable week ahead.
— GoldRider
#GoldRider #GoldPrice #XAUUSD #GoldTrading #Forex #MarketNews #TrendFollowing #RiskManagement #FOMC
PLATINUM | STRONG BUY - PGM Metal Run Moving Average: Blue above Red
Fib Retracement: 38.2 reached
MACD > 0
Support : Finding additional confluence, bouncing off a moving average.
1st Target = 1464
2nd Target = 1581
3rd Target = 1732
Lots: 0.1 (Plan to pyramid into this one)
Entry: 1414
SL: 1340
INSIGHTS: Fed has officially made it first rate cut of 0.25 this week. Stock markets continue to run on American optimism. When the streak runs out of steam and the economy slows at a quicker rate. Money flow into hard assets and precious metals.
STRONG BUY | PALLADIUM Strategy: Impulse Correction
Direction: Bullish
Moving Average: Blue above Red
Fib Retracement: 38.2 reached
MACD > 0
Support : Finding additional confluence, as the weekly bounces off a massive support structure
1st Target = 1336
2nd Target = 1449
3rd Target = 1595
Lots: 0.1 (Plan to pyramid into this one)
INSIGHTS: Mining companies are pressing Trump to add tariffs to palladium imports from Russian. Should this happen, we should see an increase in price as SA and Russia export the most Palladium.
Re-entering this trade as I have a string conviction on it.
Trade 5/20
XAUUSD - 4H - Weekly Analysis (17–21 Nov 2025)Bias: Bearish → expecting deeper pullback before next major move
Gold has broken down strongly from the 4,210–4,230 region, confirming the shift into a 4H corrective structure.
Price is now consolidating between 4,075–4,115, but the overall flow shows:
✔ Lower highs
✔ Strong bearish momentum candle
✔ Stochastic still not oversold (room downside)
✔ 4H structure still correcting from previous rally
📉 KEY LEVELS FOR THE WEEK
🔻 Primary Sell Levels
Zone Purpose
4,120–4,135 Best Sell zone (major rejection zone)
4,150–4,165 Secondary / liquidity grab Sell zone
These zones match the rejection we saw today.
📌 Where Price Is Likely Heading
Next bearish targets:
4,040–4,055 → First Support / TP1
3,995–4,010 → Major target (high probability)
3,930–3,960 → Extended downside / big demand zone
Based on the current momentum, the 3,995 level is extremely likely to be retested.
🎯 TRADE SETUPS FOR NEXT WEEK
🟥 SELL Setup #1 (Safer Entry – High Probability)
Sell Zone:
👉 4,120 – 4,135
Stop Loss:
👉 4,160 (above liquidity sweep)
Take Profit:
TP1: 4,055
TP2: 4,000
TP3: 3,960–3,940
✔ Best trade for next week
✔ Aligns with market structure
✔ Risk/Reward 1:3 to 1:5
🟥 SELL Setup #2 (Aggressive Entry – If price spikes)
Sell Zone:
👉 4,150 – 4,165
This is only if price makes a fake breakout / liquidity grab.
SL: 👉 4,190
Targets:
Same as above (4,055 → 4,000 → 3,960)
🟩 BUY Setup (Only after significant drop!)
Buy ONLY if price hits the deep demand:
BUY Zone:
👉 3,930 – 3,960
SL:
👉 3,895
Targets:
TP1: 4,015
TP2: 4,075
TP3: 4,125
This is a countertrend bounce area but historically strong.
🧭 SUMMARY FOR YOUR TRADING PLAN
✔ Market is bearish this week
✔ Sell the pullback, don’t buy early
✔ 4,120–4,135 = GOLD SELL ZONE
✔ Target 3,995 and possibly 3,950
✔ Only buy after a big drop
Weekly Gold SummaryThis week, Gold exhibited sharp volatility, first fluctuating upward and hitting a recent high on Thursday, followed by a sudden precipitous plunge on Friday. The overall trend shifted sharply from an upward trajectory to a significant pullback.
1.Early Week Strong Rally
During the European session on November 10th, gold initiated an upward movement, with a daily gain of 2.06% and a intraday high of 4084.84 USD/oz. In the European session the next day, it traded above the 4123 level and later climbed further to 4134.63 USD/oz, extending the upward momentum.
2.Mid-Week High Volatility Consolidation
In the middle of the week, gold maintained a high-level fluctuating pattern. On November 13th, the gold price performed strongly, not only breaking above the 4200 level but also hitting a recent new high of 4244 intraday, before retracing sharply afterward. On the morning of November 14th, the gold price continued to rise, maintaining a volatile rebound driven by multiple technical supports. However, hourly indicators such as RSI showed overbought signals, revealing short-term correction risks.
3.Weekend Precipitous Plunge
A sharp reversal occurred in the market on November 15th, with London Gold plummeting over 105 in a single day, touching an intraday low of 4032. This plunge was triggered by the confluence of multiple short-term bearish factors, including the shift in stance by Fed dovish officials, concentrated profit-taking by holders, and a cooling of safe-haven sentiment.
Nevertheless, the market generally views this as a short-term fluctuation rather than a reversal of the long-term upward trend.
wti 4h🔹 Overall Outlook and Potential Price Movements
In the charts above, we have outlined the overall outlook and possible price movement paths.
As shown, each analysis highlights a key support or resistance zone near the current market price. The market’s reaction to these zones — whether a breakout or rejection — will likely determine the next direction of the price toward the specified levels.
⚠️ Important Note:
The purpose of these trading perspectives is to identify key upcoming price levels and assess potential market reactions. The provided analyses are not trading signals in any way.
✅ Recommendation for Use:
To make effective use of these analyses, it is advised to manually draw the marked zones on your chart. Then, on the 15-minute time frame, monitor the candlestick behavior and look for valid entry triggers before making any trading decisions.
xagusd 4h🔹 Overall Outlook and Potential Price Movements
In the charts above, we have outlined the overall outlook and possible price movement paths.
As shown, each analysis highlights a key support or resistance zone near the current market price. The market’s reaction to these zones — whether a breakout or rejection — will likely determine the next direction of the price toward the specified levels.
⚠️ Important Note:
The purpose of these trading perspectives is to identify key upcoming price levels and assess potential market reactions. The provided analyses are not trading signals in any way.
✅ Recommendation for Use:
To make effective use of these analyses, it is advised to manually draw the marked zones on your chart. Then, on the 15-minute time frame, monitor the candlestick behavior and look for valid entry triggers before making any trading decisions.
ES UpdateI'm not sure if the algos are doing the pump and dump. RSI and MFI haven't been hitting overbought lately. Seems like there are different algos fighting each other.
In any case, this looks like a bounce because it got oversold, much like the other day (circled). Not sure about gap direction Monday, but I'm carrying a few puts in stuff I expect to go down like GM.
SILVER: Bulls Will Push Higher
The recent price action on the SILVER pair was keeping me on the fence, however, my bias is slowly but surely changing into the bullish one and I think we will see the price go up.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
$SILVER (6-HOUR): adding SIZE to my LONG right there:The quoted #Silver 4-hour chart shows a text-book inverted HEAD & SHOULDERS that played out perfectly and reached its $53.6 target.
I usually take profits on text-book breakouts, but this asset is an exception as I have higher targets in mind.
The attached 6-hour chart shows a correction that started after markets closed last Wednesday, followed by a wider market correction. Top stocks were bleeding heavily as well.
So many “traders” are calling this a DOUBLE TOP and they are just wrong.
Way too early imo, as TVC:SILVER is likely in a clear WAVE 5 rally during a re-accumulation phase (hence the rectangle with a breakout point at $54.5 and targeting $65.1). WAVE 5 on the daily, 12-hour and 6-hour charts. I like this confluence in EW.
RSI is oversold now, just like it recently was at the bottom of the inverted H&S. The 50 MA is acting as dynamic support at $49.6, and the 200 MA at $47.4 can be used as an invalidation point for my bullish thesis.
A dip to $47 would be fine as long as it gets bought up quickly. I will add to my long with conviction between $47 and $50.
Take-profit levels from my previous SILVER post remain unchanged.
$50 is dirt-cheap and people will realise it soon.
👽💙
MY EXPECTATION FOR THE WEEK Gold shifted to sells after it tested 4245 area and it closed to end the week around 4080-82, bears will likely continue with the downward push to any of these three levels before the buy start again, 4020, 4000 and 3960-30, with the 3960-30 area having a higher probability of starting the buy followed by 4000 ,
so there's a high chance the sell will reach 3960-30 before the buy start, but gold can start buying from any place it wants and whatever be the case there will be update throughout the week so it wouldn't be a big issue.
A sell after market open at anywhere within 4084-94 and an sl at 4111 with tp at 4000, 3965 or a minimum of 600 pips and a good confirmation of more sell is if price closes below 4055-53.






















