Gold Watch: Rebound ...from Sagaah Elite Management

17 Nov 2025, 13:31 · Views 1,603

Gold Watch: Rebound in Sight? Gold reclaims $4,100 early Monday after a brief pullback from recent highs. The metal now tests a critical support zone at $4,070—a level that could spark a bullish reversal if it holds. 💡 Key Drivers: 🟢 RSI remains bullish on the daily chart 💵 US Dollar firms as Fed rate cut bets fade 📅 All eyes on Thursday’s US NFP release 🎯 Traders: Watch $4,070 like a hawk. A bounce here could reignite upside momentum.

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Sagaah Elite Management

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📊 Top Trading Patterns Every Trader Should Know 🟢 Double Bottom → Bullish reversal 🟠 Double Top → Bearish reversal 🟠 Head & Shoulders → Trend reversal 🟢 Inverted H&S → Bullish breakout 🟢 Cup & Handle → Uptrend continuation 🟠 Bearish Cup & Handle → Downtrend continuation 🟢 Bullish Diamond → Strong rally signal 🟠 Bearish Diamond → Continuation of decline 🎥 Watch the full breakdown here: 👉 https://www.instagram.com/p/DQ...

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Gold slips to $3,930 as Dollar surges and Fed rate cut hopes fade Gold prices retreated to a three-day low near $3,930 per troy ounce on Tuesday, pressured by a resurgent US Dollar and waning expectations for a December rate cut by the Federal Reserve. While softer Treasury yields offered some support, the broader sentiment remains cautious as traders reassess the Fed’s next move.

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Gold Gains on Growth Concerns & Fed Cut Bets Gold edges higher in Monday’s early European session, drawing safe-haven demand amid rising global growth worries and renewed speculation over Fed rate cuts. 📊 US economic concerns continue to support bullish flows, even as senators reach a tentative deal to end the government shutdown. 🔔 Eyes on: $4,050 resistance zone US macro data this week Fed policy signals

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💥 Trump vs. The Fed President Trump has fired Fed Board member Lisa Cook, fueling tensions with the Federal Reserve. 📈 Gold (XAUUSD) surged to a two-week high at $3376 as investors sought safe-haven assets. 🇺🇸🤝🇯🇵 US–Japan Deal Ahead This week, the US is set to announce a $550B investment deal with Japan. 💹 USDJPY reacted modestly, climbing to 147.70.

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Gold Rebounds to $4,000 as Risk-Off Sentiment Returns Gold prices regained traction in Monday’s Asian session, climbing back toward the $4,000 mark as investors shifted back into safe-haven assets. Several macro factors are driving this renewed demand: 🔹 US Government Shutdown Concerns Prolonged uncertainty around the US government shutdown is weighing on market sentiment, prompting a flight to safety. 🔹 Trump’s Latest Comments Remarks from President Trump have added to geopolitical unease, reinforcing the risk-off mood across global markets. 🔹 Weak Chinese PMI Data China’s private Manufacturing PMI came in softer than expected, raising fresh concerns about global growth and fueling demand for defensive assets like gold. 📈 Technically, gold’s bounce near $4,000 could signal a short-term support zone, but traders will be watching for confirmation and follow-through in upcoming sessions. 💡 For market participants, this shift underscores the importance of staying nimble and responsive to macro headlines.

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