Black FridayUp to 80% OFF

Futures market

Gold Breaks Upwards: Did You Make the Right Trading Choice? Geopolitical safe-haven demand supported gold's rise in the latter half of the US session, with the probability of a Fed rate cut increasing to 80%. This double boost propelled gold bulls back into the market, establishing upward support. Gold has effectively broken through and stabilized above 4100. On the daily chart, gold has broken out of its previous narrow trading range. Based on the current trend, there may be some room for short-term correction. Pay attention to this short-term adjustment and consider buying in batches around 4100-1010. Market conditions change rapidly. We never blindly bullish or bearish. In short-term trading, there is no market that goes up or down forever, only the right entry point at any given moment. Find the rhythm and follow the trend. This is the essence of trading. Gold has broken upwards, so our strategy is to buy on dips. Gold is currently building momentum, and we'll see if it can break through the key resistance level of 4150. If gold continues to break upwards, further upside potential will open up, and gold bulls may push towards the strong resistance level of 4170-80. Today, you must seize every opportunity to buy on dips. If you're struggling to execute trades precisely, try my method: start with a small position to test the market, then add to your position during pullbacks. This way, you won't miss any opportunities. If you don't yet have a gold trading plan or strategy and are seeking consistent and stable returns, feel free to contact me. Let's work together to flexibly and steadily pursue greater profits in the ever-changing market!
TVC:GOLDLong
by FIGONRXS
Gold prices are under pressure around $4150; shorting today?Gold prices are under pressure around $4150; shorting today? Currently, international spot gold prices are fluctuating at a high of $4130 per ounce. Previously, on November 24th, gold prices rose 1.75% to $4136, and reached a high of $4155 during Asian trading hours on the 25th. Technical Analysis: Currently, gold prices are in a short-term consolidation but slightly bullish pattern, showing a tendency to break out of the recent trading range. 1: New York Fed President Williams stated that "interest rates may fall in the near term"; Fed Governor Waller believes the weak job market is sufficient to support another rate cut in December—✅Bullish. 2: The probability of a Fed rate cut in December has risen sharply from less than 40% a month ago to 70%-80%—✅Bullish. 3. The US government shutdown has ended, and a large amount of delayed data (PPI, retail sales, etc.) will be released this week—⚠️Uncertainty exists. 4. The decline in the U.S. Treasury General Account (TGA) balance injects liquidity into the market, ensuring a continued decline in the Single Term Funding Rate (SOFR) – ✅ Positive. The above summarizes the reasons for the recent rise in gold prices. However, it should be noted that news releases are always delayed. The current rise in gold prices has already reflected these positive factors. Intraday Trading Strategy and Suggestions: Core Support Levels: $4100, $4070, $3971-$4004 range Key Resistance Levels: $4150, $4200, $4240 Trend Assessment: Gold prices may rebound further. Long Strategy: If gold prices hold the $4100 support level, a small long position can be established, with a target price of $4150-$4200. Short Strategy: If gold prices fall below $4100 and fail to rebound, they may test the $4070 support level. Breakout Strategy: If gold prices effectively break through the resistance level of $4150, consider adding to your position, with a target price of $4200. Regarding trading strategies, a range-bound approach is recommended, closely monitoring whether gold prices break through the key support level of $4100 and the resistance level of $4150. Pay close attention to the US economic data released this week and speeches by Federal Reserve officials, as these could act as catalysts for market direction.
OANDA:XAUUSD
by Freja00_Golden
Short first, then go long. The rhythm was perfectly in place!The bottoming strategy suggested buying low and selling high in gold, and the expected pullback from the 4155 resistance level materialized. Buying near 4110 also precisely hit the low point, resulting in immediate profits. Those who followed the strategy reaped good gains. The intraday strategy of first selling and then buying gold perfectly executed. From the current gold price structure, the price is gradually completing a shift from strength to weakness within a consolidation pattern. The current upward trend resistance remains concentrated in the 4160-4180 area. Only a decisive break above this trendline resistance will open up further upside potential and usher in a new round of continuation opportunities. Conversely, if it fails to break through, this area may still become a consolidation resistance at the end of a triangle pattern. Therefore, even with an overall bullish bias, it is not recommended to blindly chase the market in the middle. On the 4-hour chart, short-term support is around 4115-4100, while resistance remains around 4160-4180. Trading strategy should be based on the strength of the price action, buying low and selling high at opportune moments.
OANDA:XAUUSDLong
by Daniel_PrimeFX
Gold analysisGold TVC:GOLD primary trend is still bullish despite the current reaction (-6%), with price at 4.144 $/Oz. Since the beginning of November Gold seem to be building a wedge around the 4.050 support area, while the volatility is lowering and momentum is neutral. For the next few days we expect gold price to continue narrowing inside the 4.275 (resistance) - 4.050 (support) channel, remaining on the bull side for the long run. If gold were to drop blow 4.050 then the next support area would be at 3.750 .
TVC:GOLD
by LogikaResearch
Gold is facing short-term downward pressure. I. Core Fundamental Drivers 1. Macro Sentiment & Policy Expectations Fed Policy Signals: The probability of a December rate cut has plummeted from 90% to 27%. Hawkish officials emphasize the lack of "clean data" to support further easing, curbing market optimism. Next week's PCE inflation data becomes the key anchor: A softer reading could reignite bets on rate cuts, weighing on the USD and risk-free rates, thereby boosting gold. A stronger-than-expected reading would reinforce the hawkish stance. Contradictory Economic Data: Economic activity shows resilience, but weak consumer confidence persists. If this continues, it could drag down Q4 GDP and amplify safe-haven demand. Fiscal & Liquidity Risks: The government funding bill only extends until January 30th, failing to resolve the shutdown risk fundamentally. Coupled with scarce liquidity during the Thanksgiving holiday, market volatility is prone to amplification. 2. Geopolitics & Capital Flows Ukraine-Russia Peace Talks: Any substantive progress would boost risk appetite, diminishing gold's safe-haven appeal. Gold Attribute Shift: The recent pullback in gold prices from $4100 to around $4000, without showing traditional safe-haven resilience, reflects potential exhaustion from the previous rally and capital rotation towards risk assets. II. Key Technical Signals 1. Bull-Bear Battle Range Monthly/Weekly Charts: Both show doji candlesticks, indicating indecision. The longer-term uptrend remains intact, but short-term corrective pressure is building. Core Trading Range: Upper Resistance: 4100-4130 (Break above targets 4150-4200) Lower Support: 4020-4000 (Break below targets 3950-3886) 4-Hour Triangle Convergence: Nearing the apex. A breakout could trigger a $200-level unilateral move. 2. Short-Term Momentum Structure Moving Average System: The 1-hour chart shows a golden cross, but the price is capped by resistance at $4100. A breakout with volume is needed to confirm short-term upward momentum. Key Pivot Levels: Bullish Defense: 4020 (range low), 4000 (psychological level) Bearish Defense: 4100 (multiple failed tests), 4130 (previous high, dense resistance) III. Comprehensive Trading Strategy 1. Range-Trading Tactics (Before Breakout) Long Opportunities (Buy Dips): Entry Zone: 4020-4030 Stop Loss: Below 4010 Target: 4080-4100 (partial profit-taking), break above targets 4130 Short Opportunities (Sell Rallies): Entry Zone: 4110-4120 Stop Loss: Above 4130 Target: 4060-4040, break below targets 4030 2. Breakout Follow-Through Strategies Break Above 4130: Enter long on a pullback near $4100, target 4150-4170. Break Below 4000: Enter short lightly on a rebound near $4020, target 3950-3930, with 3886 as the extreme target. 3. Risk Control Essentials Position Management: Range-bound: Single position ≤ 5% of capital. Breakout: ≤ 8%. IV. Key Event Watchlist Thursday US PCE Inflation Data (Crucial for December rate cut expectations) Speeches from Fed Officials (Monitor the balance between hawks and doves) Ukraine-Russia Negotiation Developments (A sudden peace deal could trigger a gold sell-off) Black Friday Retail Sales Data (Reflects US economic resilience) Summary Gold is currently at an inflection point where policy expectations and technical patterns converge. In the short term, treat 4020-4130 as the core range, adhering to selling rallies and buying dips before a clear breakout. Once PCE data or geopolitical events trigger a directional move, follow through decisively. From a medium-to-long-term perspective, the bull market structure remains valid if the previous low of 3886 holds. However, in the short term, be wary of violent whipsaws caused by liquidity traps.
FOREXCOM:XAUUSDShort
by The_Golden_Perspective