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XAUUSD Continues Targeting SELL! DOWNTREND Remains STRONG!

 


XAUUSD Analysis

Gold Dropped 2%

Gold prices weakened by 2% yesterday, driven by a stronger USD following the euphoria surrounding Donald Trump's victory. Additionally, the market is anticipating U.S. inflation data and its impact on the Fed’s future rate cut prospects.

Still Below Downtrend Line

Gold prices are still moving below the downtrend line visible on the H1 time frame. Sell opportunities can still be sought if a pullback occurs near this trendline area.

Prediction: WEAK XAUUSD

Trade Plan:

  • SELL AREA: 2670.34 - 2691.66
  • Stop Loss (SL): 2720.03
  • Take Profit (TP) Levels:
    • TP1: 2647.21
    • TP2: 2607.31
    • TP3: 2566.75
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XAUUSD Still Presents SELL Opportunities! DOWN TRENDLINE Remains VALID!

 


XAUUSD Analysis

Gold is Pressured by USD Strength

Gold prices remain under pressure due to the strengthening USD, as the market continues to assess the impact of Donald Trump's victory and its potential influence on future Fed rate cuts.

Still Below the Down Trendline

Gold prices are still moving below the down trendline, visible on the H1 time frame. Sell opportunities may still arise if there is a pullback to the trendline area.

Prediction: WEAK XAUUSD

Trade Plan:

  • SELL AREA: 2696.22 - 2715.19
  • SL: 2745.50
  • TP1: 2666.72
  • TP2: 2628.62
  • TP3: 2591.94
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XAUUSD: Looking for Another SELL Opportunity! Stalled at the Down Trendline Area

 


XAUUSD Analysis

Fed Cuts Rates by 25 Bps

Gold prices rose by about 1% following the Federal Reserve’s decision to cut interest rates by 25 basis points. The dollar’s decline was limited, as the Fed's move aligned with market expectations set well in advance. The dollar index only corrected by around 0.6% after reaching a four-month high when Donald Trump won the U.S. presidential election again.

Pullback to Trendline Area

The price is pulling back to the down trendline area visible on the H1 timeframe. Sell opportunities can be considered in this trendline area.

Forecast: WEAK XAUUSD

Trading Plan:

  • Sell Area: 2706.49 - 2722.11
  • Stop Loss (SL): 2753.78
  • Take Profit 1 (TP1): 2677.14
  • Take Profit 2 (TP2): 2639.98
  • Take Profit 3 (TP3): 2600.23
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XAUUSD Remains a Sell! USD Rally in Response to Trump’s Victory

 


XAUUSD Analysis

Trump's Victory Sparks a USD Rally

The victory of Donald Trump in the U.S. presidential election has triggered a strengthening rally in the USD. Gold prices fell by more than 3%, reaching a three-week low. The market is now looking ahead to the upcoming Fed interest rate decision, where a 25-basis-point rate cut is expected early Friday.

Bearish Pressure Persists

On the H1 timeframe, the price remains under bearish pressure. Thus, the intraday bias continues to be bearish for today.

Forecast: Weak XAUUSD

Trade Plan:

  • Sell Area: 2652.52 - 2632.00
  • Stop Loss: 2681.96
  • Take Profit 1: 2605.14
  • Take Profit 2: 2566.82
  • Take Profit 3: 2528.69
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XAUUSD Still Has SELL Potential: Market Responds to US Presidential Election Exit Poll

 


XAUUSD Analysis

USD Strengthens in Response to Preliminary US Election Results

The preliminary exit poll from the US presidential election shows Donald Trump in the lead, prompting a strengthening of the US dollar.

Still Under Pressure 

Currently, XAUUSD remains under pressure, as seen in the H1 time frame. This suggests that the intraday bias is still bearish.

Prediction: XAUUSD Weakness

Trade Plan:

  • SELL Area: 2733.99 - 2746.41
  • Stop Loss (SL): 2765.43
  • Take Profit (TP) Targets:
    • TP1: 2716.87
    • TP2: 2692.08
    • TP3: 2666.90

Monitor price movements carefully as the market reacts to election results, and manage your risk according to your trading strategy.

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Check Today's SELL Opportunity for XAUUSD: Still Under Pressure

 


XAUUSD Analysis

Market Awaits U.S. Presidential Election Results

Gold prices are tending to move flat and under pressure as the market awaits today’s results from the U.S. presidential election. Additionally, the market is anticipating a potential rate cut by the Federal Reserve this week.

Still Under Pressure 

The price is trending downwards on the H1 timeframe, indicating that today’s intraday bias remains bearish.

Forecast: WEAK XAUUSD

Trade Plan:

  • SELL Zone: 2733.99 - 2746.41
  • Stop Loss (SL): 2765.43
  • Take Profit (TP) Targets:
    • TP1: 2716.87
    • TP2: 2692.08
    • TP3: 2666.90
Share:
 Algeria ● Angola ● Antigua and Barbuda ● Argentina ● Armenia ● Aruba ● Azerbaijan ● Bahrain ● Bangladesh ● Belize ● Benin ● Bhutan ● Bolivia ● Botswana ● Brazil ● Brunei ● Burkina Faso ● Burundi ● Cambodia ● Cameroon ● Cape Verde ● Chad ● Chile ● China ● Colombia ● Comoros ● Costa Rica ● Djibouti ● Dominica ● Dominican Republic ● East Timor ● Ecuador ● Egypt ● El Salvador ● Equatorial Guinea ● Eritrea ● Ethiopia ● Gabon ● Gambia ● Georgia ● Ghana ● Grenada ● Guatemala ● Guernsey ● Guinea ● GuineaBissau ● Guyana ● Honduras ● Hong Kong ● India ● Indonesia ● Isle of Man ● Jamaica ● Japan ● Jersey ● Jordan ● Kazakhstan ● Kenya ● Kuwait ● Kyrgyzstan ● Laos ● Lebanon ● Lesotho ● Liberia ● Libya ● Macau ● Madagascar ● Malawi ● Maldives ● Mauritania ● Mexico ● Moldova ● Mongolia ● Montenegro ● Montserrat ● Morocco ● Mozambique ● Namibia ● Nauru ● Nepal ● Niger ● Nigeria ● Oman ● Pakistan ● Panama ● Papua New Guinea ● Paraguay ● Peru ● Philippines ● Qatar ● Republic of the Congo ● Rwanda ● Saint Kitts and Nevis ● Saint Lucia ● Sao Tome and Principe ● Saudi Arabia ● Senegal ● Serbia ● Sierra Leone ● Solomon Islands ● South Africa ● Sri Lanka ● Suriname ● Swaziland ● Taiwan ● Tajikistan ● Tanzania ● Thailand ● Togo ● Tonga ● Trinidad and Tobago ● Tunisia ● Turkey ● Turkmenistan ● Uganda ● United Arab Emirates ● Uzbekistan ● Venezuela ● Vietnam ● Zambia ● Zimbabwe