.png){kind=logo}
💬 WhatsApp Kohinoor Free VIP Signals here for FREE Gold Forex Live Trade Setups & Market Analysis.
Current Market Overview
As of today, the live price of Gold (XAUUSD) stands at $2773. The market is experiencing fluctuations, and understanding these movements is crucial for traders looking to capitalize on intraday opportunities.
Comprehensive Market Analysis
Support & Resistance Levels
Daily Time Frame:
Support Levels: $2750, $2730, $2700
Resistance Levels: $2780, $2800, $2820
4-Hour Time Frame:
Support Levels: $2765, $2755, $2745
Resistance Levels: $2785, $2795, $2805
Fibonacci Retracement Levels
Using Fibonacci retracement, the key daily swing levels are:
Retracement Level 23.6%: $2780
Retracement Level 38.2%: $2765
Retracement Level 61.8%: $2750
Exponential Moving Averages (EMA)
Daily Time Frame:
EMA 50: $2768
EMA 100: $2755
EMA 200: $2740
EMA 400: $2725
4-Hour Time Frame:
EMA 50: $2770
EMA 100: $2760
EMA 200: $2755
EMA 400: $2745
RSI Divergence
The Relative Strength Index (RSI) is currently at 55, indicating that Gold is neither overbought nor oversold. Watch for divergence signals to identify potential reversals.
Order Blocks
Identifying order blocks on the 4-hour chart reveals accumulation around the $2750 level, suggesting a potential bounce if tested again.
MACD Analysis
The MACD line is above the signal line, indicating bullish momentum. However, traders should be cautious of potential pullbacks.
Fundamental Analysis
Upcoming USD News
Keep an eye on the upcoming Federal Reserve meeting next week, which could significantly impact Gold prices. Market sentiment is sensitive to interest rate discussions, so stay updated on any announcements.
💡 Gold XAUUSD Daily Analysis Summary by Kohinoor Free VIP Signals
For more insights, contact us via WhatsApp here.
🥇 Join our FREE Telegram Channel: @Kohinoorfreevipgoldforexsignals
Key Levels Summary:
Daily Support & Resistance: $2750 / $2780
4-Hour Support & Resistance: $2765 / $2785
EMA Levels:
Daily: 50 - $2768, 100 - $2755, 200 - $2740, 400 - $2725
4-Hour: 50 - $2770, 100 - $2760, 200 - $2755, 400 - $2745
Weekly Pivots: $2755, $2770, $2785
Daily Pivots: $2760, $2775, $2790
Fibonacci Levels: Key levels at $2780, $2765, $2750
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.
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?
What are the benefits of using trading signals? Trading signals provide insights and strategies that can help traders make informed decisions in the market.
How can I improve my trading skills? Utilize educational resources like Free Gold Forex Trading Ebooks and articles from Kohinoor Free VIP Signals.
What is the best time to trade Gold? The best time to trade Gold is during market overlaps, especially when both London and New York markets are open.
How do I manage risk in trading? Always use stop-loss orders and consider your risk-to-reward ratio before entering trades.
What is the difference between free and premium signals? Free signals provide basic insights, while premium signals often include more detailed analysis and personalized support.
How often should I check my trading signals? Regularly check your signals, especially during market openings and significant news events.
Comments