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💬 WhatsApp Kohinoor Free VIP Signals here for FREE Gold Forex Live Trade Setups & Market Analysis.
Intraday Signals
Buy Signal
Trade Entry: 2620 USD
Stop Loss: 2610 USD
Take Profit 1: 2630 USD
Take Profit 2: 2640 USD
Sell Signal
Trade Entry: 2635 USD
Stop Loss: 2645 USD
Take Profit 1: 2625 USD
Take Profit 2: 2615 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.
XAUUSD Intraday Signals by Kohinoor Free VIP Signals - Visit Here
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Market Analysis
Overview of Gold Market
Gold (XAUUSD) is currently trading at 2625 USD, presenting various trading opportunities. This analysis will delve into key indicators to provide a comprehensive view of the market.
Support & Resistance Levels
Daily Time Frame:
Support Levels: 2610 USD, 2600 USD, 2585 USD
Resistance Levels: 2635 USD, 2650 USD, 2665 USD
4-Hour Time Frame:
Support Levels: 2615 USD, 2605 USD, 2590 USD
Resistance Levels: 2630 USD, 2640 USD, 2655 USD
Fibonacci Retracement Levels
Utilizing the Fibonacci retracement tool, we identify significant levels:
Key Levels: 2615 USD (23.6%), 2625 USD (38.2%), 2635 USD (50%).
Exponential Moving Averages (EMA)
Daily Time Frame:
EMA 50: 2618 USD
EMA 100: 2605 USD
EMA 200: 2590 USD
EMA 400: 2575 USD
4-Hour Time Frame:
EMA 50: 2620 USD
EMA 100: 2610 USD
EMA 200: 2600 USD
EMA 400: 2590 USD
RSI Divergence
The Relative Strength Index (RSI) indicates potential overbought or oversold conditions. Currently, the RSI is at 65, suggesting a slight overbought condition, warranting caution for long positions.
Order Blocks
Identifying order blocks can help determine market sentiment. Recent order blocks around 2615-2620 USD indicate strong buying interest, while selling interest appears around 2635-2640 USD.
MACD Analysis
The MACD is currently bullish, indicating upward momentum. However, traders should watch for a potential crossover that may signal a reversal.
💡 Gold XAUUSD Daily Analysis Summary by Kohinoor Free VIP Signals – Contact Us
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Key Levels Summary
Daily Support: 2610 USD, 2600 USD, 2585 USD
Daily Resistance: 2635 USD, 2650 USD, 2665 USD
4-Hour Support: 2615 USD, 2605 USD, 2590 USD
4-Hour Resistance: 2630 USD, 2640 USD, 2655 USD
EMA Levels (Daily): 2618 USD (50), 2605 USD (100), 2590 USD (200), 2575 USD (400)
EMA Levels (4-Hour): 2620 USD (50), 2610 USD (100), 2600 USD (200), 2590 USD (400)
Weekly Pivots: 2620 USD, 2630 USD, 2640 USD
Daily Pivots: 2615 USD, 2625 USD, 2635 USD
Fibonacci Levels: 2615 USD (23.6%), 2625 USD (38.2%), 2635 USD (50%)
Fundamental Analysis
Upcoming USD news includes:
Federal Reserve Interest Rate Decision - Expected to influence gold prices significantly. Traders should monitor this closely as it may impact market volatility.
FAQs
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.
Which brokers are trusted for Gold Forex Crypto trading? Based on client feedback, we recommend brokers like:
What are the benefits of using trading signals? Trading signals provide insights based on market analysis, helping traders make informed decisions.
How can I improve my trading skills? Utilize educational resources, webinars, and practice on demo accounts to enhance your trading skills.
Is trading gold more profitable than forex? Profitability depends on market conditions, trading strategies, and individual preferences.
What is the best time to trade gold? The best time to trade gold is during major market hours when liquidity is high, typically overlapping with the London and New York sessions.
How often should I check my trading signals? Regularly check your signals, especially during market hours, to stay updated on potential changes.
Can I trade gold with a small capital? Yes, many brokers offer leverage, allowing you to trade gold with a smaller capital investment.
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