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Goldlongsetup

XAUUSD: 21/11 Today’s Trading StrategyDXY has fallen to its lowest level since August in Asia on Tuesday. Gold experienced a downward correction on Monday, falling to $1,965 at one point, but then rebounded. DXY also fell to more than two-month lows on Monday, extending last week's losses. Judging from the one-hour chart, the price of gold has experienced a bottoming process and quickly recovered its lost ground. This is a common correction technique in the bull market, which drives the short-term moving average indicators to turn upward. The overall trend shows a big "V" shape. It started to fall from the 1985 position in the morning, and the US market fell to the 1965 line. Then it started to rebound and rise from the low of 1965, and today the Asian market rushed all the way to the 1990 line. From the four-hour level, gold is in a continuous upward trend, with the Bollinger Bands opening upward. After the first line encountered resistance in 1995, the gold price retreated and a platform resistance appeared at 1985. If gold prices hold at this level again today, gold could turn higher; otherwise, a retracement could occur. Gold rebounded quickly after hitting a deep bottom, further demonstrating that gold has strong support. Today's operation advice is to consider scalping and shorting on rebounds, and mainly going long at low prices. SELL:1995-1997 SL:2001 TP1:1901 TP2:1986 BUY:1984-1986 SL: 1980 TP1:1992 TP2:1998
OANDA:XAUUSDLong
by ActuaryJ
1
XAU/USD Long term Buys from 1945.000 up towards (2010.000)This is a long term move I am anticipating for the gold market, as the overall market is bullish on the higher time frame, this will be a pro trend trade that we can take up towards 2010 or even higher to make new ATH's (ALL TIME HIGHS.) To add, the internal structure is also very bullish now and we can be expecting an impulse move to the upside from these POIs marked out. Currently, I want to see a pull back of some sort back to the demand zones around 1945 where price is at a much cheaper rate. This will give us an ideal entry model if we see a Wyckoff accumulation play out in this area as well as a clean CHOCH to the upside. Not only that but this zone has also caused a CHOCH already and it lays between the 0.78 fib range. Confluences for Long term Gold Buys are as follows: - XAUUSD is overall bullish on the HTF structure and LTF structure. - Price has left a clean demand below that has caused a CHOCH to the upside and BOS. - Lots of liquidity to the upside int the form of a trend line, asian highs and FVGs - Price requires a pullback or a correction in order for price to continue going upwards. - The zone also is inside the 0.78 fibonacci range and the zone has caused an impulse move. - However, we are pending lower time frame confirmation as price is not near our POI as of yet. - To add to this the Sentiment analysis also shows the gold market being VERY BULLISH. P.S. I will be waiting for these zones for a buy unless price makes new demand zones then we will re evaluate our next move. Or we can wait for price to enter a new supply for us to sell back down towards these areas to then ultimately buy back up!
OANDA:XAUUSDLong
by Hassan_fx
1
XAUUSD:20/11 Today’s Trading StrategyDuring the Asian market on Monday, the price of gold was trading around 1980. Last week, the price of gold rose to 1990 during the trading process, reaching a maximum of 1993.47. After that, the price dropped somewhat and stabilized around 1980. Finally, gold prices closed down 0.02% at 1980.89, its best performance in the past four weeks. According to technical analysis, the daily line has been oscillating in the small range of 1955~2000 for 3 days. After breaking a new high of 1987 on Friday, it began to step back and closed with a cross negative line. The daily highs continued to refresh, from This shows that the rising channel is intact. Although there is no unilateral rise, the overall high point moves upward, and the low point continues to move upward from 1950, 1975, and 1987. The longer the platform is consolidated in the rising market, the longer the rise will last. . The greater the rise The operation recommendation is still to buy at low prices. SL is set at 1970, which is below the early support. Go long on dips.
OANDA:XAUUSDLong
by ActuaryJ
XAUUSD: 100% Profit Opportunity Gold has once again surged past 1970, with CPI data directly altering its trend. However, I believe a downturn is inevitable in the range of 1975-1980 today. Shorting remains the safest trading strategy, and it can be held for the long term. I will be sharing the latest trading strategies with you for free every day, along with sending out trading signals. Currently, the accuracy rate is at 95%. I will also share screenshots of my trades to assist you in easily making profits. Make sure not to miss out on this opportunity.
FOREXCOM:XAUUSDShort
by UnknownUnicorn66559481
XAUUSD: 17/11 today’s trading strategyIn early trading in the Asian market on Friday, gold prices fluctuated around 1985. Data on Thursday showed weakness in the labor market, which, coupled with recent inflation data, further strengthened the view that the Federal Reserve is unlikely to raise interest rates further. These unfavorable data for the U.S. economy exacerbated the decline in U.S. Treasuries, causing gold prices to rise. Gold is in a bullish trend. The technical aspect is that the low on the left side of the symmetrical form and the 4-hour MA10 are both supported at 1972-69. This seems to be the most reasonable technical level to take the long position. However, today Friday, if the gold price wants to rise above 2000 again, it is bound to It will not give too much room for retracement. The low of 1980 last night went sideways and has not actually broken down yet. There is a high probability that it will rise directly from 1982 to 1996-2002 - or even break the previous high today. So now we are long in the 1981~1984 range If it unexpectedly falls back to 1970, then continue to go long near 1970
OANDA:XAUUSDLong
by ActuaryJ
XAUUSD: 16/11 today’s trading strategyIn early trading in the Asian market on Thursday, the price of gold has maintained a volatile upward trend since the opening of today. Currently fluctuating around 1967. Gold prices encountered selling pressure yesterday as U.S. retail sales data for October showed a slower-than-expected decline. Spot gold began to correct after hitting a one-week high of 1974.73. The main reason for its failure to remain above 1970 was the correction of the U.S. dollar and the rebound in U.S. Treasury yields. Yesterday, after the gold market opened at 1962.6 in early trading, the market first rose, with the daily highest touching a position near 1974. However, due to the influence of fundamental pressure and the daily technical Bollinger standard pressure during the U.S. market, the daily line finally closed at 1959.2, forming an inverted hammer shape with a very long upper shadow line. After the closing of this form, there is a certain technical pressure for the market to fall back today. Gold fell after rising to 1974 on the 4-hour chart, and is now temporarily under pressure from the upper track. From the perspective of technical indicators, the stochastic indicators MA5 and MA10 on the 4-hour chart have golden crosses upward, and the MACD double lines continue to create red kinetic energy columns upward. Based on the trend inertia of these indicators, it is expected that today will be dominated by adjustments. Based on the trend of the K-line itself, the current trend of gold is a correction under pressure, and it may also need to step back to accumulate strength. The kinetic energy of MACD is gradually declining. We judge based on the directionality of the indicator that there is an opportunity to open short under pressure. Short-term pressure focuses on the 1970 mark, and the price is expected to fluctuate downward during the day. It is recommended that the short-term operation of gold today is mainly short-selling on the rebound. Sold in the 1970-1973 range, Buy in the 1958-1961 range. ​
OANDA:XAUUSDShort
by ActuaryJ
XAUUSD:15/11 Today’s Trading StrategyIn the Asian market on Wednesday, the U.S. dollar index closed at 104.16, continuing its weak trend after being short overnight. The U.S. core consumer price index (CPI) in October was unexpectedly weak, rising 4% year-on-year, below expectations of 4.1%. Gold prices stabilized at 1,962 after an overnight rally amid sharp selling in the U.S. dollar, which was affected by CPI data, causing the U.S. dollar index to fall sharply. However, in the Asian market, gold reached the 1970 position again after establishing its foothold in 1962. Gold experienced a bottom-out recovery process on Tuesday, with the lowest point at the 1943 area, forming support. The highest point appeared after the US market accelerated, reaching 1970.74. The closing price was 1963. There is a big positive line on the daily chart, the low price did not fall below the previous low, and the high price broke through the previous high, showing that the upward trend is still continuing, and the market outlook is bullish. From a four-hour perspective, gold formed a support when it hit around 1930 and began to rise, and has now entered the second wave. After breaking through 1948, a small N-shaped breakthrough appeared. It is expected that there will be a small adjustment in the short term, but the overall upward trend will not change. Based on the above analysis: After the gold pattern breaks through, you can first consider retracing and going long today. BUY:1956~1959 SL:1952 TP1:1965 TP2:1970 SELL:1977~1980 SL:1984 TP1:1971 TP2:1965
OANDA:XAUUSD
by ActuaryJ
XAUUSD:13/11 Today’s Trading StrategyDuring Monday's Asian trading session, the price of spot gold continued to be under pressure, with the current gold price around 1,939. Last Friday, spot gold dropped sharply by $20.38, or 1.04%, at the close, with the final closing price being 1938.07. From the instant breakdown in early trading to the rapid recovery of 1918, the price of gold has now fallen below multiple support levels at the daily level. At the same time, the trend of the K-line continues to be suppressed by the short-term moving average, showing a volatile downward trend. Then gold's downside space on the daily level may not be fully released yet. At present, we need to pay close attention to the pressure in the price range of 1943-1945. If this pressure level cannot be effectively broken, the price of gold may continue to fall. Over the last week, gold prices have continued to fall and fell below new lows, and the bearish trend remains very strong. If gold prices continue to rebound and rise, the resistance level of 1944-1947 will put greater pressure on bulls. At the same time, it is calculated that the upper long-short dividing line is located at 1954. Before the gold price fails to break through this level, the downward trend of gold will not change. The lower support level focuses on the 1930-1920 area. Comprehensive analysis: After gold plummets, the market may experience a volatile range. However, if the breakout to the upside cannot continue, then the bearish trend will continue. Therefore, today's operation strategy is mainly to consider rebound short selling, supplemented by long low position. SELL:1944~1947 SL:1951 TP1:1938 TP2:1932 BUY:1929~1931 SL:1927 TP1:1935 TP2:1938
OANDA:XAUUSDShort
by ActuaryJ
1
XAUUSD: Today’s trading strategy​ DXY fell sharply after reaching a one-month high, falling sharply from above the 107.00 mark to around 106.30. This trend of a weakening US dollar caused the price of gold to rebound rapidly from the low point. Spot gold rose sharply from the low of 1969.80 after the Federal Reserve decision. From the announcement of the FOMC decision statement to the end of Powell's speech, gold fell first and then rose, basically recovering its losses, and finally closed. Down 0.08%, rebounding to 1985 so far Based on the strong rise of gold after being affected by fundamentals, we can see the daily pattern. After this pattern ends, gold will continue to be under pressure. From a 4-hour perspective, the first downward trend has stabilized, initially forming an effective support at 1970, while also holding above the 1953 critical point of strength and weakness. It is expected that the trend of testing will continue today. In the short term, the price will first remain between the upper and lower tracks of the 4-hour Bollinger Band. That is to say, non-agricultural data will be released tomorrow, so be prepared in terms of risk control. It is expected that the price of gold will not fluctuate much before this, and will continue to maintain a pattern of high fluctuations and consolidation. To sum up, gold is in a state of shock after a downward trend. The rise of gold has once again stopped at the 1993 line. Today it continues to fluctuate. The upper side focuses on the short-term short-term resistance of 1993-1995, and the lower side focuses on the vicinity of 1971-1973 for the long term. SELL:1993~1995 SL:2000 TP1:1988 TP2:1984 BUY:1971~1973 SL:1967 TP1:1978 TP2:1983
OANDA:XAUUSDShort
by ActuaryJ
XAUUSD:6/11 Today’s Trading StrategyThe price of gold opened at 1991.6 on Monday, and has been trading at the lowest level near 1981 so far, falling by 10 US dollars since the opening. Looking back at the market performance last week, the price of gold maintained a high consolidation posture, failing to remain above US$2,000, and fell by nearly US$10 last week. Some analysts pointed out that the gold price lacks the motivation to exceed US$2,000 in the short term. Recently, the expectation of global economic recovery and the advancement of the U.S. fiscal stimulus plan have increased investors' demand for risky assets, resulting in a weakening of the upward momentum of gold prices. In addition, the rebound in the US dollar index also put pressure on gold prices. However, the current trend of the gold market is still bullish, and both bulls and shorts have the opportunity to gain profits. According to the observation of the daily cycle, we can see that the previous double top in 2009 did not break. The high point of the left shoulder is 1998. Although the right shoulder has not yet been determined, the current high point is 2003. As long as this point is not broken this week, the right shoulder high may be formed this week, forming a complete head and shoulders top. Therefore, at the beginning of the week, the focus is to see whether 2003 breaks out of position. If it does not break, the daily head and shoulders top will be formed, and there will be a clear technical basis for the market outlook whether it is a unilateral decline or a volatile decline. The daily line below can be seen to be around 1952. Only when 1950 breaks, can we confirm that this wave of gold has turned short. The 4-hour cycle is more obvious. After the non-farm payrolls data surged to 2003 on Friday, the Bollinger Bands did not open, including the closing K-line, which closed within the Bollinger Bands range. Therefore, there is a high probability that it will still fluctuate at a high level at the beginning of the week, with the range set at 2005/1975. At the beginning of the week, you can do high-short, low-long transactions within this range. But if it effectively falls below 1975, the support points of 1962 and 1950 will gradually be seen below. Since gold still maintains a bullish trend for the time being, it is still possible to break through upward. Therefore, as long as the trend does not change in recent transactions, try to focus on short-term trading. SELL:1990~1992 SL:1997 TP1:1985 TP2:1980 BUY:1977~1979 SL:1972 TP1:1984 TP2:1989
OANDA:XAUUSD
by ActuaryJ
XAUUSD:8/11 Today’s Trading StrategyLooking at the 4-hour chart, the Bollinger Bands are opening downward, and gold has encountered resistance and fallen since last Friday's high of 2004. There is only a single positive line on the K line, which is structurally very weak. Yesterday, the US market closed with a positive line in the 4-hour period. Seen as a correction, a single positive cannot change the trend. In addition, the continuous decline has made the indicator seriously oversold. The stochastic strength indicator RSI has reached the bottom with signs of turning. The short-term rebound correction is also reasonable. The rebound is for fell. In the short term, gold is currently in a downward trend and has turned from a very weak form to a concussive trend. The price has temporarily formed a double bottom support rebound near 1953. It is expected that there will be a second bottom move after the rebound correction. If the second bottom does not reach a new low, this wave of decline will come to an end. At that time, go long on dips. If it breaks below 1953, it will start a new round of decline. Today, we will continue to pay attention to the support situation in this area. If gold continues to weakly break below the support, then the price below Looking further towards the vicinity of 1940. The top short-term focus is on the resistance near 1975/1978. This is near the low point of the previous high point shock. It is currently running downwards and pay attention to the top-bottom transition. If it continues to strengthen, focus on the vicinity of 1986, which is the golden section of 0.618 where gold fell by 1956 since 2004. But if gold rebounds too strongly, then you need to be careful that the market may fluctuate at a high level. In terms of gold operation ideas, it is recommended to focus on short selling on rebounds. BUY:1955-1957 SL:1950 TP1:1965 TP2:1970 SELL:1970-1973 SL:1978 TP1:1965 TP2:1960
OANDA:XAUUSDShort
by ActuaryJ
XAUUSD: 7/11 Today’s Trading StrategyLooking at the 4-hour chart of gold, after yesterday's round of highs and declines, the price of gold has now returned to below 1980. On the 4-hour chart, the MACD signal line crosses downwards, indicating a bearish tendency in the short term. Below, continue to pay attention to the initial support area 1965-1970 mentioned last week. If this area fails, the consolidation pullback will further test the support of prices such as 1950 and 1930. Only if the upper level stabilizes above 2000, may there be a further upward trend towards high levels. ​ Gold’s 1-hour rebound highs are successively lower. Gold’s 1-hour triple top structure. The rebound is an opportunity for shorts. Today’s gold rebound basically has no strength. Just continue to short. Shorting may be just the beginning, unless gold The big positive line stabilizes and rises, otherwise there is still a lot of room for gold shorts. Today's gold short-term operation ideas suggest that rebounding and shorting are the main focus. The top short-term focus is on the 1980~1982 first-line resistance, and the bottom short-term focus is on the 1963/1953 support. BUY:1962-1964 SL:1958 TP1:1970 TP2:1976 SELL:1980-1982 SL:1987 TP1:1975 TP2:1970
OANDA:XAUUSDShort
by ActuaryJ
XAUUSD:31/10 Today’s Trading StrategyYesterday, gold opened at 2004.19 on Monday, with a high of 2006.69 and a low of 1991. DXY also experienced a significant correction in the short term, once touching 106.08. Technically, gold has confirmed support four times in a row, and the lows have gradually risen, showing the strength of the market. Then gold broke through the channel and hit a new high by accelerating its sprint. This trend indicates that gold may rise further and start a new bull cycle. For the gold market at the beginning of this week, the focus of the market will be whether it can break through the channel range and reach a new high. If gold can maintain its strength and break out of this key position. Yesterday, there was a wave of retracement and correction in the market. This wave of retracement was reflected on the 4-hour chart. The market has slowed down slightly in the short term, but there is still room for growth. The key point is today and tomorrow, which will determine the strength and weakness of the market. Based on past experience, the pullback of a strong market usually does not exceed three trading days. Therefore, the third trading day will be an important node. At the same time, the correction space should not be allowed to be too deep, which will make it easier to resume the rise. At present, gold is still showing a strong upward trend. Even if there is a correction, it will only be a short-term correction, and the overall trend is still upward. Pay attention to the support level near 1988 during the day. If this position is effectively supported, the target could be set at the $2040-$2050 area, or even higher. Gold's strong trend has not peaked, and any pullback is for better gains. So in terms of short-term gold operation ideas during the day, we still maintain a bullish approach, and we still cautiously participate in short orders. BUY:1988~1990 SL:1983 TP1:1996 TP2:2002 SELL:2006~2008 SL:2011 TP1:2001 TP2:1995
OANDA:XAUUSDLong
by ActuaryJ
XAUUSD:1/11 Today’s Trading Strategy​In Asian trading on Wednesday, the price of gold was around 1,984. Previously, the United States released a series of weak economic data, which stimulated investors' demand for the U.S. dollar, causing a slight correction in gold prices after rising slightly on Tuesday. However, despite the certain correction in gold prices, overall, gold is still supported by some positive factors. The gold market was choppy yesterday. The price opened at 1995.7 in early trading and then fell back to 1990.4. However, after the US market opened, gold prices began to rise and hit the highs of 2008. However, due to the subsequent rise in the U.S. dollar index driven by fundamental factors, the price of gold fell rapidly in late trading, even falling below the early low, with the daily lowest price reaching 1978.6. Finally, the closing price of gold was 1983.8, forming a middle Yin line with a long upper shadow line. Such a trend indicates that there is technical downward pressure. The 4-hour indicator shows that gold is currently in a bullish trend, but it tends to fluctuate in the short term. The 1-hour chart formed a double top, and the price bottomed out during the U.S. trading session, but the upward momentum was insufficient. Therefore, for short-term gold operations, you can first consider converting to a main short operation, and then consider long operations after the correction. Gold rushes higher and retraces, and the operating space moves downward. Today, focus on the resistance of 1990-1993 for short-term short-term positions at the top, and the support of 1972-1975 at the bottom for long-term positions. SELL:1990~1993 SL:1997 TP1:1886 TP2:1882 BUY:1972~1975 SL:1969 TP1:1979 TP2:1984
OANDA:XAUUSD
by ActuaryJ
XAUUSD:30/10 Today’s Trading StrategyThe three positive lines of the Golden Week rose strongly. After a long period of consolidation last week, at the end of the day, heavy volume broke through the high point and stood firmly above the 2000 mark. After the daily line continued to consolidate and gain momentum, it closed the positive line again and continued to rise. The daily line is bullish. The weekly positive trend has been strong. The previous retracement low serves as the critical point for bulls this week, and the short-term rise will further continue. The next goal is most likely to challenge the previous high. ​ The 4-hour chart gathers momentum around the middle track, and then cooperates with the big positive line to pull up and close at a high level. The bulls consolidated strongly to replace the callback. The previous low of 1953 served as the rising low of the second wave. After pushing through the high, it formed the rising trend of the second wave. The high of 1990-1995 was converted into today's support. The high trend will continue at the beginning of the week. It is expected that Asia If the market pulls back slightly, the European market will move higher. The 1-hour chart consolidated and corrected after a wave of positive gains, pulling up and closing at a high level. It is recommended to go long on dips today. BUY:1994~1996 SL:1989 TP1:2001 TP2:2006 SELL:2016~2018 SL:2021 TP1:2010 TP2:2004
OANDA:XAUUSDLong
by ActuaryJ
XAUUSD:26/10 Today’s Trading StrategyGold prices rose rapidly in the short term on Thursday. Although the U.S. 10-year Treasury bond yield climbed 13 basis points to 4.95% on Wednesday and the U.S. dollar index rose 0.24% to 106.79, the gold price seemed unaffected by the recent strength of the U.S. dollar. Hitting a one-week high above 1985. According to the description of gold's K-line chart yesterday, it can be seen that the price of gold closed with a long lower shadow line and was close to a cross star pattern, which indicates that gold has certain support at the low of 1953. Generally speaking, after this pattern appears, the shadow line will often be covered the next day and the bullish move will continue. The gold market showed a volatile long and short trend in yesterday's trading. When the price hit 1962, gold bulls rose rapidly. After the highest point hit 1987, it came under pressure and finally closed at 1979. At the daily level, a physical small positive line was included, further responding to the previous long lower shadow line rising pattern. The price of gold has broken through the previous high at a high price, which is undoubtedly a manifestation of a bullish pattern. On the 4-hour chart yesterday, the price of gold fluctuated back and forth between the upper and lower Bollinger Bands. It consolidated and transitioned during the Asian and European trading sessions, and showed a trend of rising first and then falling during the US trading session. Despite the tug-of-war between the upper and lower Bollinger Bands, the price still recovered to a higher position at the end of the session. The current opening price is at the upper track of Bollinger Band, and the lows are constantly rising. The 4-hour chart shows that bulls are trading sideways, waiting for further gains. We need to pay attention to the resistance of 1997-2000 at the top; we focus on 1977-1970 at the bottom. SELL:1995-1997 SL:2002 TP1:1900 TP2:1885 BUY:1977-1979 SL:1972 TP1:1986 TP2:1992
OANDA:XAUUSDShort
by ActuaryJ
GOLD And War GOLD and War New forecast Gold prices stabilized on Friday, supported by continued demand for safe havens fueled by tensions in the Middle East, while investors awaited the Federal Reserve's monetary policy meeting scheduled for next week. Israeli forces carried out their largest ground attack in Gaza during their 20-day war on Hamas during the night. The yellow metal, which is considered a safe haven, has gained about eight percent, or more than $140, since the war began on October 7. War scenarios: If the war erupts further between Israel and Palestine, we will see a rise in gold prices, and this is more likely. If the war between Israel and Palestine subsides, we will witness a decline in gold prices. Stay away from buying gold, and this is currently unlikely. We have fire news for this week 1- Consumer confidence index. 2- ADP index of change in non-agricultural employment rates. 3- Job opportunities and labor turnover. 4- Supply index for purchasing managers. 5- The US Federal Reserve’s interest rate decision, followed by the press conference. 6- Agricultural payroll lists. Technical Abstract : The price perfectly fulfills my last idea and price reached to our targets . Gold prices witnessed a tremendous rise during the past week thanks to the war between Israel and Palestine. Also, the price is trading in the ascending channel that appears in the chart above, as it relies on the support of this channel and is waiting for a resumption again to reach positive stations at 2020 and 2036. Therefore the bullish tendency will be remain valid and effective supported by moving average 50 that is putting the positive pressure on the price , Taking into account that stabilized under 1984 will put the price under sell pressure and the price will try to start a correction , so it is possible to do a retest especially if price opened under 2000 we will see the correction and then will rise up. and stabilized under 1984 will postponed the bullish attempts . The expect range trading for today it will be between resistance line 2020 and support line 1984until stabilized . Additionally ,Today News will affect the market . support line : 2000 , 1984 resistance line : 2016 , 2036 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAUUSDLong
by Arazmajeed
2