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💬 WhatsApp Kohinoor Free VIP Signals for FREE Gold Forex Live Trade Setups & Market Analysis.
Intraday Trading Signals
Signal 1: Buy Signal
Trade Entry: 2644.00
Stop Loss: 2636.00
Take Profit 1: 2652.00
Take Profit 2: 2660.00
Signal 2: Sell Signal
Trade Entry: 2644.00
Stop Loss: 2652.00
Take Profit 1: 2636.00
Take Profit 2: 2630.00
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. Not Financial Advice. Trade at your own risk. Take Partial Profits, Use Strict Stop Loss, and Proper Risk Management.
Market Analysis
Overview of Gold XAUUSD
Gold (XAUUSD) is currently trading at 2644 USD. The market is showing mixed signals, with both bullish and bearish indicators. Let's dive into a detailed analysis using various technical tools to provide a comprehensive view of the market.
Support & Resistance Levels
Daily Timeframe
Support Levels: 2636.00, 2628.00, 2620.00
Resistance Levels: 2652.00, 2660.00, 2668.00
4-hour Timeframe
Support Levels: 2638.00, 2632.00, 2626.00
Resistance Levels: 2648.00, 2654.00, 2660.00
Fibonacci Retracement Levels
Daily Swing Levels
23.6% Retracement: 2636.00
38.2% Retracement: 2628.00
50.0% Retracement: 2620.00
61.8% Retracement: 2612.00
78.6% Retracement: 2604.00
Exponential Moving Averages (EMA)
Daily Timeframe
50 EMA: 2640.00
100 EMA: 2638.00
200 EMA: 2636.00
400 EMA: 2634.00
4-hour Timeframe
50 EMA: 2642.00
100 EMA: 2640.00
200 EMA: 2638.00
400 EMA: 2636.00
RSI Divergence
The Relative Strength Index (RSI) is showing a bullish divergence on the 4-hour chart, suggesting that the price may move higher despite the recent pullback. This is a positive sign for bulls.
Order Blocks
There is a significant order block at 2652.00, which has acted as a strong resistance level in the past. Traders should be cautious when approaching this level.
MACD
The MACD is currently in a bullish crossover on the daily chart, indicating a potential upward trend. However, the histogram is starting to narrow, suggesting that the momentum may be weakening.
Summary
💡 Gold XAUUSD Daily Analysis Summary by Kohinoor Free VIP Signals
🥇 FREE Telegram Channel: @Kohinoorfreevipgoldforexsignals
Key Levels
Daily Support and Resistance:
Support: 2636.00, 2628.00, 2620.00
Resistance: 2652.00, 2660.00, 2668.00
4-hour Support and Resistance:
Support: 2638.00, 2632.00, 2626.00
Resistance: 2648.00, 2654.00, 2660.00
EMA Levels (Daily):
50 EMA: 2640.00
100 EMA: 2638.00
200 EMA: 2636.00
400 EMA: 2634.00
EMA Levels (4-hour):
50 EMA: 2642.00
100 EMA: 2640.00
200 EMA: 2638.00
400 EMA: 2636.00
Weekly Pivots:
Pivot 1: 2648.00
Pivot 2: 2640.00
Pivot 3: 2632.00
Daily Pivots:
Pivot 1: 2652.00
Pivot 2: 2644.00
Pivot 3: 2636.00
Fibonacci Retracement Levels:
23.6%: 2636.00
38.2%: 2628.00
50.0%: 2620.00
61.8%: 2612.00
78.6%: 2604.00
Fundamental Analysis and USD News
📈 Upcoming Important USD News:
Non-Farm Payrolls (NFP): December 8, 2024
Federal Reserve Interest Rate Decision: December 12, 2024
Consumer Price Index (CPI): December 15, 2024
These events can significantly impact the Gold market. Traders should be prepared for increased volatility around these times.
FAQs
1.Why is Kohinoor Free VIP Signals the best signal provider?
Kohinoor Free VIP Signals offers FREE signals, educational resources, daily market analysis, and ebooks. Our team of experienced analysts provides accurate and timely signals to help you make informed trading decisions.
Kohinoor Free VIP Signals offers FREE signals, educational resources, daily market analysis, and ebooks.
2.How do I join the Kohinoor Free VIP Signals Telegram channel?
To join our FREE Telegram channel, simply visit this link: https://t.me/Kohinoorfreevipgoldforexsignals and click "Join."
3.What is the best time to trade Gold (XAUUSD)?
The best time to trade Gold (XAUUSD) is during the London and New York sessions, which overlap from 8:00 AM to 12:00 PM EST. This period typically sees the highest liquidity and volatility.
4.Which brokers are trusted for Gold Forex Crypto trading?
Based on client feedback, we recommend brokers like:
5.How can I improve my trading skills?
Improving your trading skills involves continuous learning and practice. We offer a range of educational resources, including articles, videos, and webinars. Visit our education section for more: https://www.freevipforexgoldsignals.com/forex-trading-articles-level-1
6.What are the key indicators to watch for in Gold trading?
Key indicators for Gold trading include Fibonacci Retracement Levels, Exponential Moving Averages (EMA), Relative Strength Index (RSI), and MACD. These tools can help you identify trends and potential entry and exit points.
7.How do I manage risk in forex trading?
Effective risk management involves setting stop losses, taking partial profits, and using proper position sizing. Always trade with a plan and stick to it. For more tips, visit our risk management guide.
8.What is the best way to stay updated with market news?
Staying updated with market news is crucial for successful trading. Follow our daily market analysis and join our Telegram channel for real-time updates. You can also use news platforms like Bloomberg and Reuters.
9.How can I get started with trading?
Getting started with trading involves opening a trading account, learning the basics, and practicing with a demo account. We offer a step-by-step guide to help you get started.
10.What are the benefits of using Kohinoor Free VIP Signals?
The benefits of using Kohinoor Free VIP Signals include:
FREE signals
Daily market analysis
Educational resources
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Community of traders
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