.png){kind=logo}
💬 WhatsApp Kohinoor Free VIP Signals here for FREE Gold Forex Live Trade Setups & Market Analysis.
Intraday Trading Signals
Signal 1: Buy XAUUSD
Trade Entry: 2645.00 USD
Stop Loss: 2635.00 USD
Take Profit 1: 2655.00 USD
Take Profit 2: 2665.00 USD
Signal 2: Sell XAUUSD
Trade Entry: 2635.00 USD
Stop Loss: 2645.00 USD
Take Profit 1: 2625.00 USD
Take Profit 2: 2615.00 USD
Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital. 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. Not Financial Advice. Trade at your own risk. Take Partial Profits, Use Strict Stop Loss, and Proper Risk Management.
Market Analysis
Overview of Current Market Conditions
As of today, the Gold (XAUUSD) market is trading at 2642 USD. The recent price action has shown significant volatility, influenced by both technical indicators and fundamental news regarding the USD.
Support & Resistance Levels
Daily Support Levels: 2630.00 USD, 2610.00 USD, 2595.00 USD
Daily Resistance Levels: 2655.00 USD, 2670.00 USD, 2685.00 USD
4-Hour Support Levels: 2635.00 USD, 2625.00 USD, 2615.00 USD
4-Hour Resistance Levels: 2645.00 USD, 2655.00 USD, 2665.00 USD
Fibonacci Retracement Levels
The key Fibonacci retracement levels for the daily swing are:
38.2% Level: 2635.00 USD
50% Level: 2645.00 USD
61.8% Level: 2655.00 USD
Exponential Moving Averages (EMA)
Daily EMA Levels:
50 EMA: 2630.00 USD
100 EMA: 2615.00 USD
200 EMA: 2600.00 USD
400 EMA: 2585.00 USD
4-Hour EMA Levels:
50 EMA: 2640.00 USD
100 EMA: 2630.00 USD
200 EMA: 2620.00 USD
400 EMA: 2610.00 USD
RSI Divergence
The RSI indicator shows a divergence, indicating potential reversals. Currently, the RSI is at 55, suggesting a bullish momentum but caution is advised as it approaches overbought territory.
Order Blocks
Recent order blocks have formed around the 2630.00 USD level, indicating strong buying interest. Sellers may emerge around the 2655.00 USD resistance level.
MACD Analysis
The MACD indicator is currently showing a bullish crossover, supporting the potential for upward movement in the near term.
💡 Gold XAUUSD Daily Analysis Summary by Kohinoor Free VIP Signals
🥇 Join our FREE Telegram Channel: @Kohinoorfreevipgoldforexsignals
Key Levels Summary
Daily Support & Resistance:
Support: 2630.00 USD, 2610.00 USD, 2595.00 USD
Resistance: 2655.00 USD, 2670.00 USD, 2685.00 USD
EMA Levels (Daily):
50 EMA: 2630.00 USD
100 EMA: 2615.00 USD
200 EMA: 2600.00 USD
400 EMA: 2585.00 USD
EMA Levels (4-Hour):
50 EMA: 2640.00 USD
100 EMA: 2630.00 USD
200 EMA: 2620.00 USD
400 EMA: 2610.00 USD
Weekly Pivots:
Pivot 1: 2640.00 USD
Pivot 2: 2650.00 USD
Pivot 3: 2660.00 USD
Daily Pivots:
Pivot 1: 2645.00 USD
Pivot 2: 2655.00 USD
Pivot 3: 2665.00 USD
Fibonacci Levels:
38.2%: 2635.00 USD
50%: 2645.00 USD
61.8%: 2655.00 USD
Fundamental Analysis and Upcoming USD News
Upcoming USD news includes the Non-Farm Payrolls report, which could significantly impact the Gold market. Traders should watch for any shifts in employment data that may influence the USD and, consequently, Gold prices.
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. 💎 Free Gold Forex Trading Ebooks.
Which brokers are trusted for Gold Forex Crypto trading? Based on client feedback, we recommend brokers like:
What are the best strategies for trading Gold? The best strategies for trading Gold include using technical analysis with indicators like Fibonacci retracement, support and resistance levels, and moving averages. Additionally, traders often employ trend-following and breakout strategies based on market news and economic indicators.
How can I manage risk while trading Gold? Risk management can be achieved by setting stop-loss orders, diversifying your portfolio, and only risking a small percentage of your capital on each trade. It's also essential to stay informed about market conditions and adjust your strategy accordingly.
What tools do professional traders use for Gold trading? Professional traders often use charting software, trading platforms with advanced analytics, economic calendars, and risk management tools. Popular platforms include MetaTrader 4/5 and TradingView.
How often should I check my Gold trading positions? The frequency of checking your positions depends on your trading style. Day traders may check positions multiple times a day, while swing traders might check daily or weekly. Always monitor significant market news that could impact your trades.
What is the impact of USD strength on Gold prices? Generally, a stronger USD leads to lower Gold prices, as Gold is priced in USD. Conversely, a weaker USD can increase Gold prices, making it cheaper for foreign investors and boosting demand.
Are there any free resources for learning Gold trading? Yes, there are numerous free resources available, including online courses, webinars, trading forums, and educational articles. Websites like Kohinoor Free VIP Signals offer free ebooks and educational content to help traders improve their skills.
Yorumlar