.png)
💬 WhatsApp K9 Investments Trading here for FREE Gold Forex Live Trade Setups & Market Analysis.
Intraday Signals
As of the current market price of $2623 USD, here are two actionable intraday trading setups:
Buy Signal
Trade Entry: $2625 USD
Stop Loss: $2615 USD
Take Profit 1: $2635 USD
Take Profit 2: $2645 USD
Sell Signal
Trade Entry: $2610 USD
Stop Loss: $2620 USD
Take Profit 1: $2600 USD
Take Profit 2: $2590 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. 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.
Market Analysis
Overview
The gold market has shown significant volatility recently, influenced by economic factors and market sentiment. This analysis focuses on the weekly and 4-hour time frames, utilizing various technical indicators to provide a comprehensive overview.
Support & Resistance Levels
Weekly Time Frame:
Support Levels: $2600, $2580, $2560
Resistance Levels: $2650, $2670, $2700
4-Hour Time Frame:
Support Levels: $2610, $2605, $2600
Resistance Levels: $2630, $2640, $2650
Fibonacci Retracement Levels
Using the latest swing high and low, key Fibonacci levels have been identified:
Retracement Levels: 23.6% at $2615, 38.2% at $2600, and 61.8% at $2580.
Exponential Moving Averages (EMA)
Weekly EMA Levels:
50 EMA: $2620
100 EMA: $2605
200 EMA: $2580
400 EMA: $2550
4-Hour EMA Levels:
50 EMA: $2625
100 EMA: $2615
200 EMA: $2600
400 EMA: $2585
RSI Divergence
Recent RSI readings indicate a potential divergence, suggesting that the price may reverse or consolidate around key levels. Monitoring these signals can provide insight into potential market movements.
Order Blocks
Identifying recent order blocks has revealed significant buying interest around $2600, indicating strong support. Conversely, selling pressure has been observed near $2650.
MACD Analysis
The MACD indicator shows a bullish crossover, suggesting upward momentum. However, caution is advised as the market approaches resistance levels.
💡XAUUSD Weekly (23rd Dec- 27th Dec) Analysis Summary by K9 Investments Trading
For a complete analysis, contact us on WhatsApp and join our FREE Telegram Channel: @K9_Investments_GoldTrading.
Key Levels Summary
Weekly Support & Resistance:
Support: $2600, $2580, $2560
Resistance: $2650, $2670, $2700
EMA Levels:
Weekly: 50 EMA: $2620, 100 EMA: $2605, 200 EMA: $2580, 400 EMA: $2550
4-Hour: 50 EMA: $2625, 100 EMA: $2615, 200 EMA: $2600, 400 EMA: $2585
Weekly Pivots:
Pivot Point: $2620
Resistance: $2630, $2640
Support: $2605, $2600
Fibonacci Levels:
23.6%: $2615
38.2%: $2600
61.8%: $2580
Fundamental Analysis and USD News
Upcoming USD news includes inflation reports and employment data, which could significantly impact the gold market. Traders should stay informed about these events to adjust their strategies accordingly.
FAQs
Why is K9 Investments the best signal provider?
K9 Investments offers not only FREE signals but also educational resources, daily market analysis, and ebooks.
Which brokers are trusted for Gold Forex Crypto trading?
Based on client feedback, we recommend brokers like:
What are the benefits of using K9 Investments?
K9 Investments provides comprehensive trading education, regular updates, and a community of traders.
How can I access FREE signals?
You can get FREE signals by visiting this link.
What educational resources does K9 Investments offer?
K9 Investments offers a variety of educational resources, including ebooks and articles. Check out our Free Gold Forex Trading Ebooks and Free K9 Trading Education Articles & Blog.
How often are the signals updated?
Signals are updated regularly, ensuring you have the latest information to make informed decisions.
Can I trade gold with a small account?
Yes, K9 Investments provides strategies suitable for traders with various account sizes.
How do I learn more about K9 Investments?
Learn more about K9 Investments by visiting our About Us page.
Comments