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💬WhatsApp Kohinoor Free VIP Signals https://www.freevipforexgoldsignals.com for FREE Gold Forex Live Trade Setups & Market Analysis.
Current Gold Price 2645
Gold XAUUSD Intraday Signals
Here are two highly accurate Gold XAUUSD intraday trading signals based on daily Fibonacci retracement levels and support/resistance levels:
Signal 1:
Buy Entry: 2620 USD
Stop Loss: 2600 USD
Take Profit 1: 2645 USD
Take Profit 2: 2665 USD
Signal 2:
Sell Entry: 2650 USD
Stop Loss: 2670 USD
Take Profit 1: 2630 USD
Take Profit 2: 2610 USD
⚠️ Risk Warning:Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Please read and ensure you fully understand our Risk Disclosure. Not Financial Advice. Trade at your own risk. Take Partial Profits, Use Strict Stop Loss, and Proper Risk Management.
🛠 Market Analysis: Gold XAUUSD on Daily and 4-Hour Time Frames
Current Market Overview
The Gold market is currently trading at 2645 USD, reflecting a volatile price action due to mixed economic data and uncertainty in the global economy. Let’s dive into the technical outlook using key indicators.
1.Support & Resistance Levels
Daily Support Levels:
Strong support at 2620 USD, aligning with the 38.2% Fibonacci retracement level.
Additional support at 2600 USD based on prior daily lows.
Daily Resistance Levels:
Resistance at 2655 USD, which corresponds to the 61.8% Fibonacci retracement level.
Further resistance near 2675 USD, a key level seen in prior bullish rallies.
2.Fibonacci Retracement Levels (Daily Swing Levels)
38.2% Level: 2620 USD
50% Level: 2635 USD
61.8% Level: 2655 USD
These levels indicate potential reversal zones, where price actions could either bounce or break for further trends.
3. 📈 Exponential Moving Averages (EMA)
Daily Time Frame:
50 EMA: 2630 USD
100 EMA: 2615 USD
200 EMA: 2590 USD
400 EMA: 2550 USD
The current price is testing the 50 EMA, signaling a possible bullish continuation if it holds above this level.
4-Hour Time Frame:
50 EMA: 2640 USD
100 EMA: 2625 USD
200 EMA: 2605 USD
400 EMA: 2580 USD
The 4-hour EMA levels suggest consolidation between 2625 and 2650 USD.
4.RSI Divergence
RSI on the 4-hour chart is showing bearish divergence, indicating potential selling pressure if the price cannot break above the 2655 resistance level. Watch for a reversal around this area.
5.Order Blocks
A bullish order block exists near 2620 USD, providing strong support for potential buy entries.
A bearish order block can be seen at 2665 USD, which could limit upside momentum.
6.MACD
The MACD indicator on the daily chart is crossing upwards, supporting a bullish bias. However, it is essential to watch for any bearish crossovers on shorter timeframes like the 4-hour chart.
Gold XAUUSD Daily Analysis Summary
🥇 FREE Telegram Channel: @KohinoorfreevipgoldforexsignalsHere are the key levels and highlights for today's Gold XAUUSD trading
Daily Support: 2620 USD, 2600 USD
Daily Resistance: 2655 USD, 2675 USD
EMA Levels (Daily):
50 EMA: 2630 USD
100 EMA: 2615 USD
200 EMA: 2590 USD
400 EMA: 2550 USD
EMA Levels (4-Hour):
50 EMA: 2640 USD
100 EMA: 2625 USD
200 EMA: 2605 USD
400 EMA: 2580 USD
Fibonacci Retracement Levels:
38.2%: 2620 USD
50%: 2635 USD
61.8%: 2655 USD
Weekly Pivot Levels:
Support 1: 2615 USD
Pivot: 2640 USD
Resistance 1: 2670 USD
Daily Pivot Levels:
Support 1: 2625 USD
Pivot: 2645 USD
Resistance 1: 2665 USD
🔎 Fundamental Analysis & USD News
Gold's price is heavily influenced by upcoming US economic data this week, including U.S. Inflation Reports and the Federal Reserve Minutes release. These events can affect market sentiment, causing high volatility in Gold (XAUUSD).
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Gold signals are trading recommendations for buying or selling Gold (XAUUSD) based on technical and fundamental analysis. These signals guide traders on entry, exit, stop-loss, and take-profit levels, helping to capitalize on Gold price movements.
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