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🟡 Gold XAUUSD Daily Market Analysis 15th NOV 2024 by Kohinoor Free VIP Signals

Kohinoor Free VIP Trading Signals
Nov 15, 20243 min read

💬 WhatsApp Kohinoor Free VIP Signals https://www.freevipforexgoldsignals.com for FREE Gold Forex Live Trade Setups & Market Analysis.


Gold Intraday Trading Signals

🥇 FREE Telegram Channel: @Kohinoorfreevipgoldforexsignals

Signal 1

  • Trade Entry: Buy at 2560 USD

  • Stop Loss: 2545 USD

  • Take Profit 1: 2575 USD

  • Take Profit 2: 2585 USD

Signal 2

  • Trade Entry: Sell at 2575 USD

  • Stop Loss: 2590 USD

  • Take Profit 1: 2565 USD

  • Take Profit 2: 2555 USD

Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital. Only trade with money you can afford to lose. Ensure you fully understand the risks involved. Not Financial Advice. Trade at your own risk. Take Partial Profits, Use Strict Stop Loss, and Proper Risk Management.


🔍 Market Analysis for Gold (XAUUSD) Overview of Gold's Market

TrendsWith Gold currently trading at 2568 USD, we're witnessing a continuation of recent price movements influenced by global economic factors and USD fluctuations.


Support & Resistance Levels (Daily and 4hr Time Frames)

Gold’s key support and resistance levels guide the trading landscape:

  • Support Levels: 2550 USD, 2535 USD

  • Resistance Levels: 2578 USD, 2595 USD

Fibonacci Retracement Levels

Key Fibonacci levels highlight potential price reversals:

  • Daily Swing Low to High: 23.6% at 2555 USD, 38.2% at 2540 USD, and 61.8% at 2520 USD

Exponential Moving Averages (EMAs)

Analyzing EMAs on both daily and 4-hour time frames:

  • Daily Time Frame

    • EMA 50: 2552 USD

    • EMA 100: 2540 USD

    • EMA 200: 2530 USD

    • EMA 400: 2515 USD

  • 4-Hour Time Frame

    • EMA 50: 2565 USD

    • EMA 100: 2558 USD

    • EMA 200: 2542 USD

    • EMA 400: 2527 USD

RSI Divergence

The Relative Strength Index (RSI) shows potential divergence, suggesting an upcoming reversal.


Order Blocks & Smart Money Concepts

With the recent bullish order blocks, price action may signal buying pressure in the short term, especially as price touches daily support zones.


MACD Analysis

MACD is in a bullish crossover on the 4-hour chart, suggesting upward momentum, though the daily chart is near neutral, signaling caution.


💡 Gold XAUUSD Daily Analysis Summary by Kohinoor Free VIP Signals 

🥇 FREE Telegram Channel: @Kohinoorfreevipgoldforexsignals

XAUUSD

📊 Key Level Summary

  1. Daily & 4-hour Support and Resistance

    • Daily: 2550 USD (support), 2595 USD (resistance)

    • 4-hour: 2560 USD (support), 2578 USD (resistance)

  2. EMA Levels on Daily Time Frame

    • EMA 50: 2552 USD

    • EMA 100: 2540 USD

    • EMA 200: 2530 USD

    • EMA 400: 2515 USD

  3. Weekly Pivots

    • Pivot: 2560 USD

    • Resistance: 2585 USD

    • Support: 2540 USD

  4. Daily Pivots

    • Pivot: 2568 USD

    • Resistance 1: 2575 USD

    • Support 1: 2560 USD

  5. Fibonacci Retracement Levels

    • 23.6% at 2555 USD, 38.2% at 2540 USD, and 61.8% at 2520 USD


Fundamental Analysis and USD News Impact

This week, major USD news events include the Federal Reserve Interest Rate Decision and Non-Farm Payroll (NFP) reports. Both are likely to increase volatility in the XAUUSD market. Interest rate changes could impact USD’s strength, pushing Gold prices higher or lower depending on market expectations.



📑 FAQs

1.Why is Kohinoor Free VIP Signals the best signal provider?

Kohinoor Free VIP Signals offers not only FREE signals but also educational resources, daily market analysis, and ebooks.


2.Which brokers are trusted for Gold Forex Crypto trading?

We recommend brokers like:

3.How can I access Kohinoor Free VIP Signals’ Telegram Channel?

Join here: @Kohinoorfreevipgoldforexsignals


4.What is the accuracy rate of Kohinoor Free VIP Signals?

Kohinoor Free VIP Signals is known for high-accuracy signals, especially in gold trading.


5.Do you provide trading education resources?

Yes, find free educational resources here:💡 Level 1 Forex Trading Educational Videoshttps://www.freevipforexgoldsignals.com/forex-trading-articles-level-1


6.What is the advantage of using Fibonacci Retracement in trading?

Fibonacci retracement levels help traders identify potential support and resistance.


7.How do Exponential Moving Averages help in trading?

EMAs show price trends over time and help confirm trade signals in both short and long time frames.


8.Is there a risk involved in trading XAUUSD?

Yes, Gold (XAUUSD) is volatile, and it’s essential to use risk management strategies.



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