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Based on the live market price of Gold $2,627
Intraday Signals for Gold (XAUUSD)
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Signal 1: BUY
Trade Entry: $2,620
Stop Loss: $2,605
Take Profit 1: $2,635
Take Profit 2: $2,650
Signal 2: SELL
Trade Entry: $2,640
Stop Loss: $2,655
Take Profit 1: $2,625
Take Profit 2: $2,610
⚠️ Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital. Only trade with money you can afford to lose. This is not financial advice. Use proper risk management, set strict stop-loss orders, and take partial profits.
🔍 Gold XAUUSD Market Analysis
Daily Timeframe Overview
Gold remains bullish, holding above the $2,600 support level, with key indicators confirming strong momentum.
Fibonacci Retracement Levels:
38.2%: $2,608
50.0%: $2,593
61.8%: $2,578
Exponential Moving Averages (EMA):
50 EMA: $2,590
100 EMA: $2,580
200 EMA: $2,550
400 EMA: $2,500
RSI Divergence: The RSI at 68 suggests strong bullish momentum, with potential overbought conditions approaching.
MACD: Positive divergence with a widening gap between the MACD line and signal line, favoring bullish momentum.
4-Hour Timeframe Insights
The 4-hour chart shows a consolidation phase, with gold trading near the upper resistance of $2,640.
Fibonacci Retracement Levels:
23.6%: $2,635
38.2%: $2,622
50.0%: $2,610
Exponential Moving Averages (EMA):
50 EMA: $2,615
100 EMA: $2,600
200 EMA: $2,585
400 EMA: $2,570
Order Blocks: Key buying zones at $2,620 and selling zones at $2,640.
Weekly Pivots:
R1: $2,645
Pivot Point: $2,620
S1: $2,595
Smart Money Concepts (SMC):
Smart Money is building liquidity near $2,640, indicating a possible breakout to new highs if the level is breached.
📈 Fundamental Analysis and USD News
Gold prices today are influenced by:
Upcoming USD News:
2nd Dec: ISM Manufacturing PMI
6th Dec: Non-Farm Payrolls (NFP)
12th Dec: FOMC Meeting
The market remains cautious, as strong USD data could suppress gold prices, while weaker-than-expected outcomes might drive prices higher.
💡Gold XAUUSD Daily Analysis Summary by Kohinoor Free VIP Signals
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Daily Support Levels: $2,610, $2,590
Daily Resistance Levels: $2,640, $2,670
4-Hour Support Levels: $2,615, $2,600
4-Hour Resistance Levels: $2,640, $2,655
Weekly Pivots: $2,645 (R1), $2,620 (Pivot), $2,595 (S1)
EMA Levels:
Daily: 50 EMA: $2,590, 100 EMA: $2,580
4-Hour: 50 EMA: $2,615, 100 EMA: $2,600
FAQs
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Kohinoor Free VIP Signals offers 95% accurate signals, FREE gold and forex analysis, and educational resources like free ebooks.
2.Which brokers are trusted for Gold Forex Crypto trading?
Trusted brokers include:
3.Is gold trading profitable for beginners?
Yes, with proper education, risk management, and signals like those from Kohinoor Free VIP Signals.
4.What is the best time to trade Gold XAUUSD?
The London and New York sessions often provide high volatility and liquidity for gold trading.
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Visit www.freevipforexgoldsignals.com and join the Telegram channel @Kohinoorfreevipgoldforexsignals.
6.What indicators are best for gold trading?
Fibonacci levels, EMAs, RSI, and MACD are highly effective for XAUUSD trading.
7.Are Kohinoor signals suitable for scalpers?
Yes, Kohinoor Free VIP Signals cater to both scalpers and intraday traders with precision entries.
8.Can I use these signals for crypto trading?
While the focus is gold and forex, the strategies can be adapted to BTCUSD and other crypto markets.
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