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💬 WhatsApp Kohinoor Free VIP Signals https://www.freevipforexgoldsignals.com for FREE Gold Forex Live Trade Setups & Market Analysis
current market price for XAUUSD of $2735
Intraday Trading Signals (5th NOV 2024)
🥇 FREE Telegram Channel: @Kohinoorfreevipgoldforexsignals
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Signal 1: Buy XAUUSD
Trade Entry: 2730
Stop Loss: 2710
Take Profit 1: 2745
Take Profit 2: 2760
Signal 2: Sell XAUUSD
Trade Entry: 2750
Stop Loss: 2770
Take Profit 1: 2735
Take Profit 2: 2720
📢 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. Please ensure you fully understand our Risk Disclosure. Trade at your own risk and use strict stop loss and proper risk management.
🔍 Gold XAUUSD Market Analysis - Daily & 4hr Timeframes
Daily Overview
The gold market has seen notable fluctuations as we approach key support and resistance levels, with the current price centered around $2735.
Current Price: $2735
Market Sentiment: Bullish with caution
Fundamental Outlook: Strong USD data may affect gold volatility this week, with potential fluctuations based on upcoming employment and inflation reports.
1. Support & Resistance Levels
Daily Support Levels:
2715
2690
Daily Resistance Levels:
2765
2780
2. Fibonacci Retracement Levels (Daily Swing)
The daily swing analysis reveals potential retracement zones:
23.6% Level: 2742
38.2% Level: 2725
50% Level: 2710
61.8% Level: 2695
3. EMA Analysis
To gauge momentum, we observe the Exponential Moving Averages (EMA) on both daily and 4hr timeframes.
Daily Timeframe EMA:
EMA 50: 2720
EMA 100: 2710
EMA 200: 2690
EMA 400: 2655
4-Hour Timeframe EMA:
EMA 50: 2730
EMA 100: 2740
EMA 200: 2750
EMA 400: 2775
4. RSI Divergence
The Relative Strength Index (RSI) on the daily timeframe shows slight divergence, indicating potential reversal zones around the key support levels of 2715. RSI levels on the 4-hour chart suggest neutral positioning, awaiting stronger directional cues.
5. Order Blocks
Buy Order Block: 2705 - 2715
Sell Order Block: 2765 - 2775
6. MACD Analysis
The MACD on the daily timeframe signals potential bullish momentum if gold prices maintain levels above 2735. A further push may trigger momentum towards our resistance targets.
Weekly and Daily Pivots
Weekly Pivot: 2725
Resistance 1: 2750
Support 1: 2700
Daily Pivot: 2730
Resistance 1: 2745
Support 1: 2720
USD News and Fundamental Analysis Impact
With key USD events lined up, such as the upcoming employment and inflation data, expect significant impact on gold's price due to possible shifts in USD strength.
💡 Gold XAUUSD Daily Analysis Summary by Kohinoor Free VIP Signals
🥇 FREE Telegram Channel: @Kohinoorfreevipgoldforexsignals
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📊 Key Levels:
Daily Support: 2715, 2690
Daily Resistance: 2765, 2780
EMA Levels (Daily):
EMA 50: 2720
EMA 100: 2710
EMA 200: 2690
EMA 400: 2655
Weekly Pivots:
Pivot: 2725
Resistance 1: 2750
Support 1: 2700
Daily Pivots:
Pivot: 2730
Resistance 1: 2745
Support 1: 2720
Fibonacci Retracement Levels:
23.6% Level: 2742
50% Level: 2710
FAQs
1.Why is Kohinoor Free VIP Signals the Best Signal Provider?
Kohinoor Free VIP Signals provides not only FREE signals but also high-quality resources, including daily market analysis, ebooks, and more, making it a top choice for gold and forex traders.
💎 Free Gold Forex Trading Ebookshttps://www.freevipforexgoldsignals.com/forex-trading-articles-level-1
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2.Which brokers are trusted for Gold Forex Crypto trading?
Based on client feedback, K9 Investments recommends trusted brokers like:
3.Are Kohinoor Free VIP Signals suitable for beginners?
Yes, Kohinoor Free VIP Signals offers beginner-friendly guidance, educational resources, and daily analysis to help new traders learn.
5.What timeframes are best for Gold (XAUUSD) trading?
We recommend 4-hour and daily timeframes, as they provide detailed market insights and support reliable intraday signals.
6.How accurate are Kohinoor Free VIP Signals?
Our free signals boast over 95% accuracy due to expert analysis, reliable indicators, and comprehensive market insights.
7.What indicators are used for Gold analysis?
We use Fibonacci retracement, EMA, RSI, MACD, pivots, support & resistance levels, and order blocks for in-depth Gold (XAUUSD) analysis.
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