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PPI NEWS IMPACT ON GOLD EXPLAINED, KEY RESISTANCE TO WATCHCurrent Price Zone: ~ 4137 Key Support (MT): 4013 Immediate Resistance: 4156 Bearish Target: ~ 4090 1. Technical Setup & Price Action Gold has tested the 4050 area multiple times and shown rejections, suggesting that buyers are relatively weak at those lower levels. The current range-wise trading around 4137, capped beneath 4155–4156, gives a lower-high structure. This reinforces the downside bias. As long as price remains below 4156, the path of least resistance appears to favor the bearish scenario. On the downside, a break below 4013 would significantly increase bearish conviction; but a pullback or corrective bounce could instead target 4090 as a realistic bearish objective before deeper declines. 2. Macro Catalysts & Fundamental Rationale The market is awaiting key U.S. inflation data, particularly PPI (Producer Price Index), which could act as a major macro catalyst. If PPI comes in strong or surprises to the upside, it could bolster the U.S. dollar. A stronger dollar typically exerts downward pressure on gold, since gold is non-yielding and dollar-priced. Furthermore, stronger inflation data could dampen expectations of aggressive rate cuts from the Fed, which again favors dollar strength and weighs on gold. Academic and market research also supports the inverse relationship between the dollar and gold: as the dollar strengthens, gold often corrects. Scenario Analysis & Trade Plan Bearish Base Case (Favored): Price continues to hover under 4156, with persistent rejections. If PPI prints hotter than expected, dollar strength could intensify. A drop toward 4090 is the primary target if the downside momentum sustains. Should 4013 break decisively, that could open room for a more substantial trend shift downward. Alternative / Risk Scenario (Bullish): If gold breaks above 4156 convincingly, the bearish thesis would be invalidated in the near term. In that case, watch for a potential bounce or reversal back up — possibly targeting higher resistance zones — but only if strength is backed by volume or macro surprises (e.g., dovish Fed commentary).
FX:XAUUSDShort
by Merchant_Trades
Bulls remain clearly bullish on gold.#XAUUSD OANDA:XAUUSD TVC:GOLD Good morning. Gold prices surged yesterday due to external stimuli, and this trend continued today, reaching a high of around 4155. From a daily chart perspective, gold prices remain above the 5-day and 10-day moving averages. Considering the unstable geopolitical situation and the increased probability of an interest rate cut in December, as long as prices do not fall below 4100, the bullish trend will continue. Consider going long on gold if it pulls back to 4125-4115.
OANDA:XAUUSDLong
by Miracle-Walker_GC
2
XAU/USD – Potential Pullback Before ContinuationGold may experience a pullback today toward the 4,100 zone before continuing its upward trend. Technical Factors: Price recently surged above 4,140, leaving limited liquidity below. Support zone ~4,100 aligns with prior consolidation and minor Fibonacci levels (~0.5 retracement of recent swing). Short-term structure shows higher lows, indicating the overall bullish trend remains intact. RSI and momentum indicators suggest overbought conditions, supporting a near-term pullback. Fundamental Factors: Fed rate-cut expectations continue to support gold upside; a dovish tone could accelerate the rally. USD strength/weakness will influence gold’s reaction; recent USD weakness favors gold. Geopolitical tensions (e.g., Russia–Ukraine) increase safe-haven demand, supporting bullish pressure. Upcoming low liquidity days (Thanksgiving week) may cause volatile reactions, so patience and discipline are key. Trading Plan: Watch for price action confirmation around 4,100. Ideal entries are longs at or near support with tight stops. Targets can extend toward 4,180–4,200 (upper channel resistance).
FOREXCOM:XAUUSD
by Dan-Goldfx
USOIL trades with a weak oscillatory biasUSOIL is exhibiting a weak oscillatory downward trend today. Despite a slight rebound yesterday, affected by bearish news and technical pressure, the intraday upside momentum remains insufficient, with bearish momentum gradually emerging. Overall, it shows a sluggish pattern of a quick pullback after the rebound. For the upside, focus on the short-term resistance zone of $59.5 - $60.5 per barrel, among which $59.5 per barrel can be regarded as a key watershed. On the downside, closely monitor the support range of $57.0 - $57.5 per barrel. If this zone is effectively broken down, the price may further decline to around $56 per barrel. Sell 59 - 59.7 SL 60.1 TP 57.5 - 57 - 56.5
TVC:USOILShort
by KingArthur_
Gold at Critical ResistanceGold (XAUUSD) is showing a very interesting structure on the 4H timeframe. After breaking the previous falling trendline, price has shifted into a short-term bullish mode and is now moving inside a rising channel. 🔍 Key Technical Observations Price broke the downtrend line with strong bullish candles, confirming buyer strength. XAUUSD is currently trading near the upper boundary of the rising channel (around 4140–4145), where price usually faces short-term resistance. The EMA ribbon (red/blue) is acting as dynamic support from below, supporting the bullish trend. As long as price holds above the lower channel trendline, the market structure remains bullish. 📈 Bullish Scenario If price breaks above 4145–4160, we could see continuation to: 4185 4210 4250 (extended target) A breakout above 4160 may trigger a strong upside move. 📉 Bearish Scenario If price falls below the lower channel support (4080–4100), it would signal a deeper correction: 4050 4020 A channel breakdown would be an early sign of trend reversal. 🎯 Bias Summary Trend: Short-term bullish Structure: Rising channel Current Position: At upper channel resistance (expect possible pullback) Major Trigger: Break above 4160 or below 4080
FXOPEN:XAUUSDLong
by forexinworld
Prices are trending upwards. Continue to break through.The hourly chart for gold shows that after a sustained price increase, it rose again to around 4156 in the Asian session, approaching a key trend resistance level. Due to the recent market consolidation and lack of momentum after the continuous rise, a pullback occurred as expected during the European session, reaching a low of 4109, close to the 38.2% Fibonacci retracement level of Monday's gains. Currently, the price has rebounded but failed to break through the Asian session high, and the overall trend remains consolidating. The 1-hour moving averages have formed an upward golden cross and are diverging, indicating that gold bulls still have some upward potential. Even though safe-haven demand has eased, the price is holding firm around 4100, where a strong support level has formed. In terms of trading strategy, it is recommended to pay close attention to the performance of the support area below. If the price stabilizes at 4109 and forms a double bottom, long positions can be considered, corresponding to the support of the 5-day and 10-day moving averages on the daily chart. The upside resistance level to watch is the 4155-4160 area. If it can be broken through effectively, it may further test the 4200 level. In the short term, prices are expected to remain above 4100, indicating a continued strong market. However, if this level is breached, the market may shift to a weaker, more volatile trend, increasing the risk of short-term market corrections. Trading Strategy: Buy gold at 4110-4120, with a stop-loss below 4100, targeting 4150-4160; after a breakout, watch the 4200 level. If gold breaks and holds above 4150 again, it may challenge the 4200 level. Is gold poised for a rally? I will adjust my strategy flexibly based on market fluctuations and update the information in the channel.
OANDA:XAUUSDLong
by Quaid_3
Gold Setup: Breakout Levels MarkedGold is moving inside 4H symmetrical triangle and waiting for a proper breakout. Price is holding above the 4080-4120 and also above the rising trendline so the structure is still slightly bullish. If gold breaks above the upper trendline 4185 it can quickly move toward 4280 and then 4460. But if it breaks below the rising trendline 4060 and the support zone gold can fall toward 4000, 3900 and more to 3800. Buy Setup Buy Zone: 4080-4120 only if price shows support or a bounce Breakout Buy: 4185 Above the upper black trendline Targets: TP1 4280, TP2 4460, TP3 4555 Note Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
OANDA:XAUUSDLong
by SibiSh
On November 26th, consider buying gold again after it retraces tOn the 4-hour chart for gold, the moving averages continue to trend upwards, maintaining a bullish alignment. Reviewing the intraday gold price movement, the overall trend remains upward, with a short-term pullback from the 415-4160 area. It's important to note that gold has seen minimal pullbacks throughout its upward breakout. The pullback in the European session only tested the 4110 level before continuing its upward climb. The short-term upward trend is expected to continue, and during the US session, buying on dips above 4100 is recommended.
TVC:GOLDLong
by AnalystDavid_
1
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