GOLD KING Signals 🤴♻️

30 октября 2024 11:08

👑 Ideas For #XAUUSD / #GOLD
📈 Risks are rising and so is the price. News ahead!
———————————————
GOLD updates ATH to 2790. This is probably not the limit, but the risks, like the price, are rising ahead of strong news and the US election race

Gold feels support for several reasons: stopping the rally in DXY (profit taking is possible), positive hints about the Chinese economy, escalating conflict in the Middle East. The dollar stops the rally and forms consolidation for the last few days, which is generally favorable for gold.
The metal is updating the highs and in the current conditions trading is quite simple: we trade either a breakdown of resistance in order to continue the movement, or search for strong support zones, where we can trade price pullbacks.
Today the Nonfarms from ADP, US GDP will be released. This is worth paying attention to. Weaker data can greatly increase volatility and provoke the continuation of metal growth. And vice versa.

Resistance levels: 2789, 2800
Support levels: 2777, 2771, 2758

Gold is in a local correction. Emphasis on strong support zones with the purpose of rebound and continuation of growth. But, we need to watch the news, there may be shake-ups, but the general background for gold is expected to remain favorable.

GOLD KING Signals 🤴♻️

30 октября 2024 09:24

Gold in moment😺: +21pips

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29 октября 2024 10:35

👑 Ideas For #XAUUSD / #GOLD
📈 ATH Retest. Next $2800 or reversal?
———————————————
GOLD is going to 2800 or??? The price is testing the ATH and does not show signs of reversal. A pre-breakdown consolidation is forming around 2758. Will there be another update of the highs?

Traders remain cautious ahead of Thursday's PCE release followed by jobless claims and NFP.
Profit-taking risks are increasing in both DXY and gold. It all depends on pre-news sentiment (background) as well as actual data.
The overall environment is complicated due to the US presidential race.
Gold is supported by the Middle East conflict, as well as hopes for more stimulus in the Chinese markets and economy.
Technically, gold is returning to the ATH, forming a pre-breakdown consolidation, hinting that there may be breakout attempts for further gains. Accordingly, as we are testing the ATH, we need to be ready for all eventualities!

Resistance levels: 2758, 2775
Support levels: 2745, 2728, 2724

Price has been in consolidation near resistance 2758 for the last 8 hours. It is gaining potential. Consequently:
1) If there will be an attempt to break through 2758 with the subsequent holding of the defense by the bulls above this area, then in the short term we should count on the continuation of growth to 2775-2800
2) IF a false breakout is formed and the price comes back down, forms consolidation below 2745, then further gold may go down to support before further growth.

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29 октября 2024 10:26

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29 октября 2024 07:24

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28 октября 2024 21:26

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28 октября 2024 21:26

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28 октября 2024 11:53

🚨Move the StopLoss to the Entry point (To the breakeven point)

GOLD KING Signals 🤴♻️

28 октября 2024 09:39

#GOLD Sell📉 at 2736

StopLoss❗️: 2740

Scalp trading:
Take Profit 1️⃣: at 2732
Standart trading:
Take Profit 2️⃣: at 2720
Swing trading:
Take Profit 3️⃣: at 2700

GOLD KING Signals 🤴♻️

26 октября 2024 08:00

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25 октября 2024 14:16

👑 Ideas For #XAUUSD / #GOLD
📈 Retest of range support in a bull market
———————————————
GOLD is trading inside the channel and is not yet ready to approach the resistance with the target of ATH retest. Profit-taking amid increased risk due to news, economic data affect the price of metal.

Price is closing inside the range of 2748-2713. A support retest is forming and liquidity capture may reignite upside interest. Traders are waiting for the Fed's actions: which side will the regulator take - aggressive or conservative strategy of policy easing? We should not forget the uncertainty around the US presidential election combined with growing geopolitical concerns in the Middle East.
For today, all eyes are on Durable Goods Orders (MoM) (Sep), which could provide new hints on the state of the US economy

Resistance levels: 2722, 2729, 2737, 2748
Support levels: 2713 (trigger), 2702

Emphasis on 2713. Price may test this area. Based on how buyers are defending the support, the market may form a false breakout and bounce to resistance. But, if the bounce is minimal, and then the price starts to retest 2713 and consolidate, we have increased risks to break the support. In this case, the price will head towards 2700-2685

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25 октября 2024 10:32

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25 октября 2024 10:31

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24 октября 2024 16:30

Gold in moment😺: +103pips

GOLD KING Signals 🤴♻️

24 октября 2024 16:00

The First Take-Profit has been reached🎯💰: +42pips

GOLD KING Signals 🤴♻️

30 октября 2024 10:00

New Signal⚠️
#GOLD Sell📉 at 2781.94

StopLoss❗️: 2785.86

Scalp trading:
Take Profit 1️⃣: at 2777.94
Standart trading:
Take Profit 2️⃣: at 2767.52
Swing trading:
Take Profit 3️⃣: at 2749.53
— — — — —
Be sure to use a stop loss❗️
— — — — —
You can do:
Move the SL to entry after reaching TP1
Move SL on TP1 after reaching TP2
Close part/all of the order at TP1
Close part/all of the order at TP2

GOLD KING Signals 🤴♻️

30 октября 2024 09:19

New Signal⚠️
#GOLD Buy📈 at 2782.48

StopLoss❗️: 2778.37

Scalp trading:
Take Profit 1️⃣: at 2786.39
Standart trading:
Take Profit 2️⃣: at 2796.13
Swing trading:
Take Profit 3️⃣: at 2809.26
— — — — —
Be sure to use a stop loss❗️
— — — — —
You can do:
Move the SL to entry after reaching TP1
Move SL on TP1 after reaching TP2
Close part/all of the order at TP1
Close part/all of the order at TP2

GOLD KING Signals 🤴♻️

29 октября 2024 10:26

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28 октября 2024 22:23

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28 октября 2024 21:26

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28 октября 2024 21:26

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28 октября 2024 11:42

The First Take-Profit has been reached🎯💰: +42pips

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26 октября 2024 08:00

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26 октября 2024 07:59

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GOLD KING Signals 🤴♻️

25 октября 2024 11:06

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25 октября 2024 10:32

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25 октября 2024 09:16

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GOLD KING Signals 🤴♻️

24 октября 2024 16:00

🚨Move the StopLoss to the Entry point (To the breakeven point)

GOLD KING Signals 🤴♻️

24 октября 2024 15:48

New Signal⚠️
#GOLD Sell📉 at 2737.77

StopLoss❗️: 2741.83

Scalp trading:
Take Profit 1️⃣: at 2733.83
Standart trading:
Take Profit 2️⃣: at 2719.52
Swing trading:
Take Profit 3️⃣: at 2699.83
— — — — —
Be sure to use a stop loss❗️
— — — — —
You can do:
Move the SL to entry after reaching TP1
Move SL on TP1 after reaching TP2
Close part/all of the order at TP1
Close part/all of the order at TP2