Daily Video Analysis: XAUUSD, D1 Bearish Reversal Opportunity

Today we take a look at XAUUSD. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups. The material has been provided by InstaForex Company – www.instaforex.com

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Technical analysis of gold

Gold: The chart shows the movement of #GOLD on the 4-hour chart (H4). Quotes consolidated near the global dynamic level (slanted solid green line), settling at a value of $1783 per troy ounce. The breakdown of this level may push the metal to $1810. Otherwise, the bullish movement will end,.

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Gold rises amid geopolitical concerns

More than 100 missiles and drones were fired yesterday, which resulted in rockets landing in Poland and two deaths in an explosion in Przewodow – a village in eastern Poland about 10 kilometers from the border with Ukraine. There have been concerns that, since Poland is a member of NATO,.

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Analysis of Gold for November 16,.2022 – Range breakout in play

Technical analysis: Gold has been trading upside as I expected and I see triangle pattern in creation, which is sign for the potential breakout play. Trading recommendation: Due to the strong upside pressure in the background and triangle pattern in creation, I see potential for bigger growth. Watch for the.

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Technical Analysis of Daily Price Movements of Gold Commodity Assets Tuesday 15 November 2022.

With the movement of Gold on the daily chart inside Bullish Pitchfork channel it seems like Gold will try to test the Upper Line Pitchfork or 1783.28 to the level 1807.21 but because it managed to broke above the area 1728.94 then it seems that in the next few days.

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Short-term technical analysis on Gold for November 15th, 2022.

Blue line- support Gold remains in a short-term bullish trend making higher highs and higher lows. We have the first bearish RSI divergence in the 4 hour chart, showing us the first sign of slowing down. This is not a reversal signal. Current market conditions justify a pull back. As.

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Trading plan for Gold on November 15, 2022

Technical outlook: Gold prices rose through a fresh intraday high at $1,784-85 on Tuesday before pulling back. The yellow metal is seen to be trading close to $1,775 at this point in writing as the bears remain inclined to drag prices lower towards $1,747 at least. Please be aware that.

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Analysis of Gold for November 15,.2022 – Potential for bigger growth

Technical analysis: Gold has been trading upside as I expected. The price is heading towards first upside objective and I see no signs for the reversal. Trading recommendation: Due to the strong upside pressure in the background and breakout of the multi week range, I see potential for further growth..

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Short-term technical analysis on Gold for November 14th, 2022.

Red lines- bullish channel Gold price is in a short-term bullish trend. Price has started making higher highs and higher lows after the triple bottom around $1,615-20. Price has formed a bullish channel. Over the next few hours or until tomorrow we expect Gold price to pull back towards $1,740.

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Trading plan for Gold on November 14, 2022

Technical outlook: Gold prices rallied through the $1,772 highs on Friday before hitting resistance. The yellow metal has pulled off the highs and is seen to be trading close to $1,755 at this point in writing as the bears prepare to drag further.Immediate resistance is seen at $1,810 and a.

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Analysis of Gold for November 14,.2022 – Bull flag pattern in creation

Technical analysis: Gold has been trading downside this morning but I see potential for the further upside continuation. Key support is set at the price of $1.743. Trading recommendation: Due to the strong upside pressure in the background and the breakout of the monthly range, I see potential for further.

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