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GOLD KING Signals 🤴♻️

👑 Ideas For #XAUUSD / #GOLD
📈 Bullish flat (consolidation). News ahead
———————————————
GOLD corrects to 2713, confirming strong support. We talked to you about the risks yesterday. Bulls have been actively buying the metal since the start of the Asian session, hinting at strong support...

Further gains in gold remain dependent on the upcoming PMI and jobless claims data. Traders are awaiting information on the state of the global economy, which will influence the short- to medium-term strategy against the dollar and gold...
Market nervousness ahead of key reports in the US and the presidential election will also play a role. Any potential decline in the gold price is likely to be contained for several reasons: the BRICS summit, the US elections, the ongoing Middle East conflict. In this case, gold acts as a safe haven.

Resistance levels: 2748, 2758, 2775
Support levels: 2729, 2713

ATH may be tested in the near future. Further news and high volatility, high risks may provoke profit-taking, which may bring gold back to support. And after correction the growth may resume due to strong enough interest from buyers....

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GOLD KING Signals 🤴♻️

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GOLD KING Signals 🤴♻️

👑 Ideas For #XAUUSD / #GOLD
📈 Who pressed the accelerator? Is the RALLY still going on?
———————————————
GOLD continues its bull run. Prices are rising and so are the risks (before the news). What influences the growth and what to expect from the metal that surprises speculators?

Gold continues to rise despite a rising dollar, which is rising mainly on economic data and the growing likelihood of Trump winning the US presidential election.
Escalating geopolitical tensions between Iran and Israel, renewed talks on de-dollarization ( There has been speculation about the creation of a gold-backed currency in the wake of the three-day BRICS summit) are supporting the metal.
Gold is technically at highs, which increases the risks of an unpredictable correction due to the approaching news from the US. Also the focus on China markets and the BRICS summit...

Resistance levels: 2758
Support levels: 2749, 2737, 2728

The upside may continue from the local support areas as we are trading in a strong bull market. The focus is on 2749-2737-2728-2713. The market may form another flat or consolidation before the growth...

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GOLD KING Signals 🤴♻️

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GOLD KING Signals 🤴♻️

#GOLD Sell📉 at 2739

StopLoss❗️: 2742

Scalp trading:
Take Profit 1️⃣: at 2734
Standart trading:
Take Profit 2️⃣: at 2720
Swing trading:
Take Profit 3️⃣: at 2700

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GOLD KING Signals 🤴♻️

The US dollar continues to strengthen
JPMorgan notes strong demand for USD ahead of the election. Markets are actively preparing for a possible Trump victory

Trump promises to **** everyone (keep everyone under control :) ) if he becomes president: he will raise duties on China, Europe, Mexico even more, he also promises to raise duties on countries that are moving away from the dollar in settlement.

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GOLD KING Signals 🤴♻️

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GOLD KING Signals 🤴♻️

👑 Ideas For #XAUUSD / #GOLD
📈 Realization continues, risks increase!
———————————————
GOLD is at its highs. The price continues to rally and update the highs from the opening of the session on Monday. No selling, but buying should be cautious!

Traders are waiting for the Fed officials to speak in the nearest future. The main issues are inflation, interest rate cuts and the US economy.
Optimism about Chinese stimulus, as well as ongoing tensions between Israel and Iran are supporting gold prices (In times of geopolitical turmoil, investors prefer to rush to traditional safe-haven gold prices)
With each passing day, the impact of the US election race is appearing more and more. The probability of a Trump victory is rising. Trump's fiscal and trade policies are seen as inflationary and positive for the US dollar

Resistance levels: 2736, 2750
Support levels: 2732, 2724, 2713

There is no news in the next few days, the fundamnetal background remains the same, so gold may continue to rise. The focus is on the nearest support zones for realization of purchases. At the moment the range 2736 - 2724 is formed

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GOLD KING Signals 🤴♻️

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

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GOLD KING Signals 🤴♻️

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GOLD KING Signals 🤴♻️

#GOLD Buy📈 at 2742

StopLoss❗️: 2738

Scalp trading:
Take Profit 1️⃣: at 2746
Standart trading:
Take Profit 2️⃣: at 2756
Swing trading:
Take Profit 3️⃣: at 2768

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GOLD KING Signals 🤴♻️

New Signal⚠️
#GOLD Sell📉 at 2735.84

StopLoss❗️: 2739.64

Scalp trading:
Take Profit 1️⃣: at 2729.75
Standart trading:
Take Profit 2️⃣: at 2719.54
Swing trading:
Take Profit 3️⃣: at 2699.89
— — — — —
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

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GOLD KING Signals 🤴♻️

🚨Close the order at the entry point (Breakeven)

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GOLD KING Signals 🤴♻️

👑 Ideas For #XAUUSD / #GOLD
📈 Consolidation at bullrun. Shall we update ATH?
———————————————
GOLD is forming the lower boundary of consolidation within the local correction. False breakdown of MA-50 and support at 2713 activate buying. Bulls are aggressively buying gold at every opportunity

Uncertainty around the US presidential election, market caution ahead of key US earnings reports are reviving demand for traditional safe-haven gold. In terms of the upcoming interest rate cut, the market has probably already resigned itself to the most likely 0.25% cut. Also, we continue to monitor the difficult economic environment in the markets of China... The Middle East conflict is still at the same level, with no signs of escalation or de-escalation, but it should not be overlooked.
The metal is forming a sideways range of 2739 - 2713 - consolidation. A primary retest of resistance could trigger a correction to 2728, or deeper, but with a high probability, gold could continue to rise

Resistance levels: 2739, 2750
Support Levels: 2728, 2713

Price may test the ATH in the near term. If the bulls break the resistance and hold the defense above 2739, gold may continue to rise.
If a bounce or false breakout is formed, the price may test the nearest support. Next, we need to watch for a reaction. If gold will return to retest 2739, then the chances of a breakout and further growth will grow!

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GOLD KING Signals 🤴♻️

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GOLD KING Signals 🤴♻️

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GOLD KING Signals 🤴♻️

#GOLD Sell📉 at 2735

StopLoss❗️: 2739

Scalp trading:
Take Profit 1️⃣: at 2730
Standart trading:
Take Profit 2️⃣: at 2720
Swing trading:
Take Profit 3️⃣: at 2703

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