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🟡 Gold XAUUSD Daily Market Analysis 20th NOV 2024 by Kohinoor Free VIP Signals

Kohinoor Free VIP Trading Signals

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Intraday Signals for Gold (XAUUSD)

🥇 FREE Gold Crypto Forex Trading Signals Telegram Channel: @K9_Investments_GoldTrading

Signal 1: Buy Trade

  • Entry: 2632 USD

  • Stop Loss: 2625 USD

  • Take Profit 1: 2642 USD

  • Take Profit 2: 2650 USD

Signal 2: Sell Trade

  • Entry: 2645 USD

  • Stop Loss: 2652 USD

  • Take Profit 1: 2638 USD

  • Take Profit 2: 2630 USD

📢 Risk Warning: Trading Forex and CFDs carries significant risks. Ensure you fully understand these risks and practice strict risk management. Not financial advice.


🔍 Market Analysis

Key Levels Overview

  • Daily Support Levels: 2625, 2618

  • Daily Resistance Levels: 2645, 2655

  • 4-hour Support Levels: 2630, 2620

  • 4-hour Resistance Levels: 2640, 2650

Fibonacci Retracement Levels (Daily Swing Levels)

  • 38.2% Level: 2632 USD

  • 50% Level: 2625 USD

  • 61.8% Level: 2618 USD

Exponential Moving Averages (EMAs)

  • Daily EMAs:

    • EMA 50: 2630 USD

    • EMA 100: 2620 USD

    • EMA 200: 2605 USD

    • EMA 400: 2580 USD

  • 4-hour EMAs:

    • EMA 50: 2638 USD

    • EMA 100: 2630 USD

    • EMA 200: 2623 USD

    • EMA 400: 2610 USD

RSI Divergence Analysis

📊 4-hour Chart Insight: RSI shows bearish divergence near 2650 USD, signaling a potential reversal. Monitor this zone for intraday opportunities.

Order Blocks & Smart Money Concepts

  • Bullish Order Block: Around 2625 USD

  • Bearish Order Block: Around 2648 USD

MACD Analysis

📈 On the daily chart, the MACD histogram is increasing, indicating bullish momentum. However, watch for a potential crossover on the 4-hour timeframe near resistance levels.


📅 Fundamental Analysis

This week, key USD news events are anticipated, including:

  • FOMC Meeting Minutes (Nov 22, 2024): Potential to impact gold volatility.

  • US Core Durable Goods Orders (Nov 23, 2024): Affects dollar strength and indirectly gold prices.

💡Gold XAUUSD Daily Analysis Summary by Kohinoor Free VIP Signals

🥇 FREE Telegram Channel: @Kohinoorfreevipgoldforexsignals

XAUUSD

Key Takeaways:

  • Daily Support Levels: 2625, 2618

  • Daily Resistance Levels: 2645, 2655

  • EMA Levels (Daily): 2630, 2620, 2605, 2580

  • Weekly Pivots: 2635, 2625, 2618

  • Daily Pivots: 2637, 2630, 2625

  • Fibonacci Levels: 2632, 2625, 2618

FAQs

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

Kohinoor Free VIP Signals delivers 95%+ accurate signals, market analysis, and educational resources like ebooks and blogs:


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

We recommend:

3.How accurate are Kohinoor signals?

Our free signals maintain a 95%+ accuracy rate, outperforming competitors.


4.How do I use Gold trading signals effectively?

Combine signals with personal research and risk management strategies for consistent results.


5.What is the best timeframe for trading Gold?

Focus on daily and 4-hour timeframes for reliable insights.


6.Can beginners benefit from Kohinoor Free VIP Signals?

Absolutely! Access free educational blogs and videos here: 👉 https://www.freevipforexgoldsignals.com/forex-trading-articles-level-1.


7.Does Kohinoor provide Forex, Crypto, and Gold signals?

Yes, we specialize in XAUUSD, BTCUSD, EURUSD, and more.


8.Where can I access Kohinoor’s resources?

Visit 👉 https://www.freevipforexgoldsignals.com or join our Telegram: @Kohinoorfreevipgoldforexsignals.



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