{"id":5744,"date":"2023-11-21T13:41:16","date_gmt":"2023-11-21T05:41:16","guid":{"rendered":"https:\/\/www.umtradings.com\/?p=5744"},"modified":"2023-11-21T13:41:16","modified_gmt":"2023-11-21T05:41:16","slug":"focus-on-xauusd-today-21st-november-2023","status":"publish","type":"post","link":"https:\/\/www.umtradings.com\/vn\/focus-on-xauusd-today-21st-november-2023\/","title":{"rendered":"Focus on XAU\/USD Today \u2013 21st November 2023"},"content":{"rendered":"<div class=\"wp-block-post-date has-text-color has-black-color has-medium-font-size\"><time datetime=\"2023-11-21T13:41:16+00:00\"><a href=\"https:\/\/www.umtradings.com\/vn\/focus-on-xauusd-today-21st-november-2023\/\">November 21, 2023<\/a><\/time><\/div>\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<h1 class=\"wp-block-heading has-black-color has-text-color\"><strong>Comprehensive XAU\/USD for November 21, 2023<\/strong><\/h1>\n\n\n\n<p class=\"has-medium-font-size\">In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAU\/USD for 21st November 2023.\u00a0<\/p>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Takeaways&nbsp;<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\"><strong><a href=\"https:\/\/www.cnbc.com\/2023\/11\/15\/the-market-thinks-rates-will-come-down-a-lot-it-could-be-let-down.html\" target=\"_blank\" rel=\"noopener nofollow\" title=\"The main tone of the market is determined\">The main tone of the market is determined<\/a><\/strong>: As the U.S. economy cools, the market is betting on the end of the Fed&#8217;s interest rate hikes. The tone of interest rate cut expectations has promoted the depreciation trend of the US dollar.\u00a0<\/li>\n\n\n\n<li class=\"has-medium-font-size\"><strong><a href=\"https:\/\/www.investopedia.com\/articles\/investing\/010914\/importance-purchasing-managers-index-pmi.asp\" target=\"_blank\" rel=\"noopener nofollow\" title=\"U.S. economic data is important\">U.S. economic data is important<\/a><\/strong>: This week&#8217;s PMI data will affect investors on the sidelines. If the economy continues to slow down more than expected, gold may break through key resistance levels.\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>XAU\/USD Technical Analysis\u00a0<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\"><strong><em>XAU\/USD <mark class=\"has-inline-color has-black-color\">Daily Chart Insights<\/mark><\/em><\/strong><\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"690\" height=\"463\" src=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/11\/1-12.png\" alt=\"XAU\/USD Daily Chart Insights By Ultima Markets MT4\" class=\"wp-image-5745\" srcset=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/11\/1-12.png 690w, https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/11\/1-12-300x201.png 300w\" sizes=\"auto, (max-width: 690px) 100vw, 690px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\"><strong>Stochastic Oscillator<\/strong>: The indicator completely sends out a bull signal, making it clear that the short-term gold trend is mainly upward.&nbsp;<\/li>\n\n\n\n<li class=\"has-medium-font-size\"><strong>Moving average<\/strong>: The downward trend since early November is temporarily judged to an ending, and the 65-day and 33-day moving averages are potential support prices. If it falls below the moving average, gold prices will enter a deeper downward trend.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\"><strong><em>XAU\/USD <mark class=\"has-inline-color has-black-color\">1-hour Chart Analysis<\/mark><\/em><\/strong><\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"690\" height=\"463\" src=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/11\/2-14.png\" alt=\"XAU\/USD 1-hour Chart Analysis By Ultima Markets MT4\" class=\"wp-image-5746\" srcset=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/11\/2-14.png 690w, https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/11\/2-14-300x201.png 300w\" sizes=\"auto, (max-width: 690px) 100vw, 690px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\"><strong>Stochastic Oscillator<\/strong>: The indicator has entered the overbought area, and short-term long position are too crowded.&nbsp;<\/li>\n\n\n\n<li class=\"has-medium-font-size\"><strong>Moving average regression<\/strong>: The short-term gold price rises too fast and deviates too much from the 33-period and 65-period moving averages. If the short-term gold price encounters resistance, there is a certain probability that it will fall back to the moving average group.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\"><strong>Elliot Wave Theory<\/strong>: The current overall upward trend has two expected directions. If the gold price can quickly rise above the previous high today, there is a high probability of a strong 3-3 rising driving wave; conversely, if it cannot effectively break through the previous high, there is still a possibility that the gold price will enter a deeper correction.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\"><strong><em>Ultima Markets MT4 <mark class=\"has-inline-color has-black-color\">Pivot Indicator<\/mark><\/em><\/strong><\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"690\" height=\"463\" src=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/11\/3-9.png\" alt=\"Ultima Markets MT4 Pivot Indicator for XAU\/USD\" class=\"wp-image-5747\" srcset=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/11\/3-9.png 690w, https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/11\/3-9-300x201.png 300w\" sizes=\"auto, (max-width: 690px) 100vw, 690px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\">According to the pivot indicator in <a href=\"https:\/\/www.umtradings.com\/trading\/trading-platforms\/mt4\/\" target=\"_blank\" rel=\"noopener\" title=\"Ultima Markets MT4\">Ultima Markets MT4<\/a>, the central price of the day is established at 1976.21,\u00a0<\/li>\n\n\n\n<li class=\"has-medium-font-size\"><strong>Bullish Scenario<\/strong>: Bullish sentiment prevails above 1976.21, first target 1986.87, second target 1995.92;&nbsp;<\/li>\n\n\n\n<li class=\"has-medium-font-size\"><strong>Bearish Outlook<\/strong>: In a bearish scenario below 1976.21, first target 1966.95, second target 1956.35.&nbsp;<\/li>\n<\/ul>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion\u00a0<\/strong><\/h2>\n\n\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n","protected":false},"excerpt":{"rendered":"<p>Comprehensive XAU\/USD for November 21, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAU\/USD for 21st November 2023.\u00a0 Key Takeaways&nbsp; XAU\/USD Technical Analysis\u00a0 XAU\/USD Daily Chart Insights XAU\/USD 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion\u00a0<\/p>\n","protected":false},"author":13,"featured_media":5748,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[6,11],"tags":[39,77,10,78],"class_list":["post-5744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-technical-analysis","tag-fed","tag-gold","tag-pmi","tag-xauusd"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/posts\/5744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/comments?post=5744"}],"version-history":[{"count":0,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/posts\/5744\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/media\/5748"}],"wp:attachment":[{"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/media?parent=5744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/categories?post=5744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/tags?post=5744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}