XAU/USD : IMPORTANT Pre Market Analysis (READ THE CAPTION)

13 ott

Currently, the price of gold is hovering around **$2656.99**. Recently, gold has seen a slight increase, driven by several factors such as inflation concerns, recent CPI and PPI reports, and geopolitical tensions.

Key Influencing Factors:

1. Persistent Inflation: Recent CPI and PPI reports show that inflation remains slightly above expectations, keeping gold in demand as a safe-haven asset.

2. Interest Rates: Expectations around interest rate cuts have stabilized, which increases gold's appeal as a non-yielding asset.

3. Geopolitical Tensions: Ongoing global political instability, particularly in regions like the Middle East, is adding upward pressure to gold prices.

Technical Analysis:

• Resistance Level: If gold prices break above $2685, there could be further bullish momentum.

• Support Level: On the downside, key support zones include $2636-$2642, $2628-$2630, and $2620, which should be closely monitored if the price declines, as strong demand in these areas could lead to a reversal.


Outlook:

Given the economic and geopolitical landscape, gold remains in a bullish trend. Traders should keep an eye on economic reports and geopolitical developments as any increase in uncertainty could further boost gold's price.

This sets the stage for today’s market session, with potential for continued upward movement.

Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !

Best Regards , Arman Shaban

14 ott

Trade attivo

By analyzing the gold chart on the 1-hour timeframe, we can see that since today’s market was partially closed, with major players on holiday, the lack of liquidity led to significant volatility. Today, the price managed to rise to $2,666, collecting liquidity above the $2,665 level. After that, gold experienced further fluctuations and eventually corrected down to $2,644.

The upcoming support levels are between $2,636-$2,642, $2,643-$2,646, and $2,627-$2,630. If these first two support zones hold, we could expect further upside movement in gold, potentially pushing the price above $2,666. Should the bullish momentum continue, the next targets would be $2,670, $2,673, and $2,678.

15 ott

Trade attivo

By analyzing the #Gold chart on the 1-hour timeframe, we can see that, as I mentioned last night, the demand zone between $2,636 and $2,642 was a very critical level. After entering this demand zone, the price encountered buying pressure and has now risen over 170 pips, currently trading around $2,654! The other assumptions from the previous analysis remain valid, and as long as the current support level holds, the next targets for gold will be $2,670, $2,673, and $2,678. Cheers ! 🍾

15 ott

Trade attivo

The First Targer Reached ✅

In the last hour the price of GOLD almost hit the $2670 target ! 🎯 ✅

Cheers 🍺

16 ott

Trade chiuso: obiettivo raggiunto

By analyzing the gold chart on the 1-hour timeframe, we can see that, as expected, all the bullish targets for gold were hit today—specifically $2670, $2673, and $2678. The price even managed to climb further, reaching $2682, surpassing $2680! After hitting this key level, we observed a correction down to $2675. If the price holds its support at this level, we might see another push back up to $2680. My overall view remains bullish, and I believe we will soon see the price reaching above $2700. So far, this analysis has yielded more than 800 pips in profit. Cheers ! 🍾

16 ott

Nota

🚨 Important Gold Market Update 🚨

Hey everyone! Today, we might see gold pushing to new highs as market conditions are aligning for a potential breakout. However, we need to be cautious because we could also witness stop hunts in both directions—this means the market might make aggressive moves to trigger stop losses for both buyers and sellers before the real trend takes place.

💡 What is a stop hunt?

A stop hunt occurs when the market manipulates price, reaching levels where many traders have placed their stop losses. This causes forced liquidations before the market reverses direction. The goal is to trap traders and collect liquidity, often creating sharp moves right after.

Given this, it’s crucial to be extra careful today. The volatility could lead to sudden spikes both up and down, especially as gold approaches key resistance levels.

📌 Tip: Wait for strong confirmations before entering trades, and make sure to adjust your stop losses properly to avoid getting caught in any stop hunts. Patience is key today! 🙏

Stay safe, manage your risk, and keep an eye on the bigger picture! 💪

17 ott

Trade attivo

Upon reviewing the gold chart on the 1-hour timeframe, we can see that as expected, gold rose again above $2680 yesterday, with several attempts to break the previous high. Finally, two hours ago, gold surged to $2688.8, collecting liquidity above that level before undergoing a correction down to $2673. As marked on the chart, the $2673-$2675 area is a key demand zone, which is why the price reacted to it, and it is currently trading around $2678. If the price holds above $2675, we may see gold rising again. As I mentioned in the previous analysis, I expect gold to rise above $2700 in the short term. Stay tuned for price stabilization. This analysis will be updated.

17 ott

Nota

GOLD is flying ! +70 Pips so far ! Gold is now trading in the range of $2685 !

17 ott

Trade chiuso: obiettivo raggiunto

As anticipated, gold has continued its bullish momentum tonight, reaching a fresh high of $2696.7. This breakout marks a significant move in line with our previous forecasts, reflecting the ongoing strength in the precious metal. Stay tuned for further updates as we monitor this exciting market development.

18 ott

Trade chiuso: obiettivo raggiunto

Today, as we expected, gold finally broke through the significant $2700 level with strength, reaching $2714 and setting a new high. I hope you were able to make the most of this analysis! (This Analysis Will Be Updated Anymore, Wait for the new analysis)

ALL TARGET REACHED