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Writer's pictureK9 Investments
Oct 253 min read

🟡 Gold XAUUSD Daily Market Analysis 25th Oct 2024 by K9 Investments Trading


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 Current Gold XAUUSD Market Price: $2725


Intraday Signals for (Gold)

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Intraday Signal 1

  • Trade Entry: Sell at 2725 USD

  • Stop Loss: 2745 USD

  • Take Profit 1: 2710 USD

  • Take Profit 2: 2695 USD

Intraday Signal 2

  • Trade Entry: Buy at 2720 USD

  • Stop Loss: 2700 USD

  • Take Profit 1: 2735 USD

  • Take Profit 2: 2750 USD


🔔 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. Please read and ensure you fully understand our Risk Disclosure.

Gold XAUUSD Daily & 4hr Time Frame Analysis

📈 Technical Indicators Overview

Support & Resistance Levels

  • Daily Support: 2700, 2680

  • Daily Resistance: 2735, 2760

  • 4-Hour Support: 2708, 2712

  • 4-Hour Resistance: 2730, 2740

Exponential Moving Averages (EMA)

  • Daily Time Frame:

    • EMA 50: 2718

    • EMA 100: 2722

    • EMA 200: 2730

    • EMA 400: 2748

  • 4-Hour Time Frame:

    • EMA 50: 2720

    • EMA 100: 2725

    • EMA 200: 2733

    • EMA 400: 2750

Fibonacci Retracement Levels (Daily Swing)

  • 23.6%: 2712

  • 38.2%: 2720

  • 50%: 2725

  • 61.8%: 2733

Relative Strength Index (RSI)

  • 4hr Time Frame: Showing slight divergence near the resistance level, signaling potential reversal if overbought.

Order Blocks

  • Bullish Order Block: Located at 2700, indicating a strong area of demand that could offer a buy entry.

  • Bearish Order Block: Near 2740, showing a potential resistance level for sellers.

Moving Average Convergence Divergence (MACD)

  • MACD on the daily time frame shows slight bearish momentum, hinting at a potential short-term downward move.

Fundamental Analysis & USD News Impact

Important upcoming USD news events could impact Gold prices due to inverse correlation. Watch for the U.S. Gross Domestic Product (GDP) release, Consumer Confidence Report, and Federal Reserve announcements. Strong USD data could add pressure on Gold XAUUSD prices, while weaker data may bolster the commodity.

💡Gold XAUUSD Daily Analysis Summary by K9 Investments Trading

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GOLD

📊 Key Levels to Watch

  • Daily & 4-Hour Support & Resistance:

    • Daily Support: 2700, 2680

    • 4-Hour Support: 2708, 2712

    • Daily Resistance: 2735, 2760

    • 4-Hour Resistance: 2730, 2740

  • EMA Levels

    • Daily EMA: 50 - 2718, 100 - 2722, 200 - 2730, 400 - 2748

    • 4-Hour EMA: 50 - 2720, 100 - 2725, 200 - 2733, 400 - 2750

  • Weekly Pivots

    • R1: 2730

    • Pivot: 2710

    • S1: 2690

  • Daily Pivots

    • R1: 2725

    • Pivot: 2715

    • S1: 2705

  • Fibonacci Retracement Levels

    • Key levels: 2712, 2725, 2733

FAQs

1.Why is K9 Investments the best signal provider? K9 Investments delivers more than just FREE signals. We provide comprehensive market analysis, educational resources, and free Gold Forex trading e -books.

2.Which brokers are trusted for Gold Forex Crypto trading? Trusted brokers include:



3.What trading strategies are best for Gold XAUUSD? Technical strategies that include EMA, RSI divergence, Fibonacci levels, and support/resistance levels are highly effective for Gold.

4.How can I learn more about trading and analysis? Visit Level 1 Forex Trading Educational Videos for beginner-friendly educational resources.

5.What is the best time to trade XAUUSD? The most active trading sessions are during New York and London market overlaps, as volatility peaks during this time.

6.How can I start receiving free trading signals? You can subscribe to our FREE Telegram Channel at @K9_Investments_GoldTrading for daily updates.

7.Are there any free resources for learning Gold Forex trading? Yes, K9 Investments offers Free K9 Trading Education Articles & Blog with detailed resources.

8.Is trading Gold XAUUSD profitable? Yes, with effective strategies and risk management, trading Gold can be profitable, though it also comes with substantial risk.


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