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4.25 gold short-term operation technical analysis!Spot gold suddenly fell sharply during the Asian session on Friday (April 25). At the end of the session, the current gold price was around $3,307/ounce, a plunge of more than $40 during the day. Gold prices turned lower on Friday as hopes of a trade deal between China and the United States weakened safe-haven assets. The positive risk tone weakened the demand for safe-haven assets. In addition, optimistic US macroeconomic data on Thursday supported the dollar, which also hit gold prices. Cleveland Fed President Hammack made it clear in an interview on Thursday that the Federal Reserve has basically ruled out the possibility of a rate cut in May. But she also released key information that if there is clear evidence of the direction of the economy, there is room for policy action in June. Gold prices are currently supported near the $3,300/ounce mark, which is also the 38.2% Fibonacci retracement level of gold prices from this month's low (around $2,950/ounce) The latest round of gains is located. If gold price falls below the $3300/oz mark, the next support for gold price is the weekly low near the $3260/oz area; if it falls below the above area, gold price may accelerate its decline and fall to the 50% retracement level (i.e. the area near $3225/oz) and finally fall to the $3200/oz mark. Some follow-up selling will indicate that gold has peaked and turn the short-term bias in favor of bearish traders. Gold price resistance is around the $3368-3370/oz area, which should be a key level now. If it breaks through the above area, gold price may return to the $3400/oz mark. The subsequent rise may push gold price further to the $3425-3427/oz barrier. Once this barrier is overcome, bulls may retry to conquer the psychological $3500/oz mark.
TVC:GOLD
by AIan_Gold
Interpretation of 4.25 Gold Short-term Operation IdeasFrom the technical analysis of the hourly market, yesterday's low was at $3,306, and the rebound just now showed an obvious stop signal at this position. Based on this, the current short-term suppression level can refer to $3,315, and the higher level is $3,328. For short-term investors, you can consider waiting for the gold price to rebound to around $3,315 to arrange short orders and continue to be bearish on the gold price. The first thing to pay attention to below is the support of the low point just touched at $3,287. If this support level is lost, the next key support level will be $3,260, the first low point on the previous downward journey. If $3,260 is also effectively broken, the short-selling force will be further released, and the gold price may face a larger decline.
TVC:GOLDShort
by AIan_Gold
2
Gold surged and then fell back to fluctuate. How to profit? Trump said he was ready to significantly reduce the broad tariffs on Chinese goods. On the same day, Trump also said he had no intention of firing Fed Chairman Powell, who had previously asked the Fed to cut interest rates immediately. This move shocked the market and triggered warnings from business leaders. Short-term trading of gold and US dollars on April 24: US market focuses on 3350-66 to suppress shorts, stop loss 3375, take profit 3317/3300 ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds - Profit is 4-7% of the capital account - Stop loss is 1-3% of the capital account
OANDA:XAUUSDShort
by Labaron
1
Technical analysis of short-term gold operationsGold rebounded to $3,339 and fell back after encountering resistance. It accelerated its decline after the opening of the U.S. market. After falling to $3,260 and stabilizing, gold began to rebound, and was still suppressed by the integer of $3,300 until the closing. Gold broke upward at the opening of Thursday, rising to $3,367, and fell back to $3,314 after encountering resistance and stabilizing. It is currently trading at $3,337. Overall, gold further retreated to $3,260 to stabilize, and rebounded to $3,367 and encountered resistance, which is basically consistent with the lower space of $3,250 and the upper space of $3,385 given by us. Gold rebounded after hitting a new low in a week on Wednesday, mainly because Bessant said that tariff negotiations will not start soon and will be conducted at the current trade level between China and the United States. Trump did not propose unilateral reductions in tariffs on Chinese imports and denied any upcoming tax cuts, which increased uncertainty and caused some safe-haven funds to flow back into the gold market.
TVC:GOLD
by AIan_Gold
2
Tariffs ease, risk aversion drops, gold continues to be bearishAfter hitting the integer mark of 3500 yesterday, gold fell back by nearly 200 US dollars. Today's early trading opened lower and directly swallowed up the overall rise of yesterday. Will gold continue to correct or turn around? From the current decline, the range from the high point of 3500 to the current low point of 3315 is close to 200 US dollars. Considering this round of decline, it has exceeded the range of short-term correction. Therefore, traders should guard against the probability that the gold price will enter a turning point in the short term! After the current decline is too large, the main area is to go sideways to correct the main force. The overall rebound will not be too large. Main area: around 3380-3400 Defensive support below: double bottom around 3280 Operation suggestion: Do not carry orders, heavy positions, lock positions in sudden change cycles, and bring stop losses! "Specific operations are subject to actual trading"
TVC:GOLDShort
by AIan_Gold
Interpretation of gold US market operation ideas! ! !Gold continued to be bullish in the morning, and the 3400 mark has been broken. How will it evolve next? The US dollar index directly fell on Monday morning, and the US Y index fell by more than 8% this year, causing gold to rise in a variable. The rise in gold caused by this situation will be greatly adjusted due to the recovery of the US dollar! The key to winning or losing tonight lies between 20 and 22 o'clock. If the US stock market opens, it will fall below the 98 mark due to the southward movement of the US dollar, creating a new low since April 2022! The market's trust in the US dollar as a global reserve currency has declined! The possibility of turning to other safe-haven assets has increased, thereby increasing the variable of gold rising. If based on this logic, tonight's 20-23 o'clock cycle is the main winning or losing day of this week! Hypothetical principle: If it is postponed to the north during the day, everyone should pay attention to the selling pressure near 3415. As the price changes, the selling pressure is more likely to occur! And the defense line will rise in each round of corrective retracement! Short-term defense line: 3355-3370-3383-3392 Pressure level above: 3430-3458 Risk notice: 1. When everyone is paying attention, long positions may fall at any time, and the range will not be less than 50-80 points! 2. The decline of the US dollar index will lead to a collapse in futures, which will trigger a chain reaction. Traders will face the possibility of gold settlement to fill the gap in other markets!
TVC:GOLD
by AIan_Gold
1
Gold breaks out strongly and rises, is it an opportunity?The 1-hour moving average of gold continues to form a golden cross and is in a bullish arrangement. Gold rose directly at the opening, breaking through the short-term downward trend and directly breaking through the previous high of 3357. Therefore, the short-term 3357 of gold has formed support. If gold falls back to 3357, continue to buy on dips. However, it should be noted that if gold falls below 3357 again, the adjustment range of gold may increase. Gold has been rising wildly under the stimulation of recent risk aversion. In this kind of emotional market, we can only follow the trend, because gold continues to hit new highs and no one knows where it will rise. However, don’t easily chase the highs. After the fluctuations increase, the magnitude of each correction will not be small. Trading idea: Go long near gold 3357, stop loss 3347, target 3380
TVC:GOLDLong
by Fortune-signal
Just In: The Goldman Sachs Group, Inc. (GS) Set for Breakout The Goldman Sachs Group, Inc. (GS) shares is set for a breakout today as the firm smashes Q1 Estimates leading to a 2.45% surge in Monday's premarket trading. Reports Overview Goldman Sachs delivered a strong first-quarter performance, beating Wall Street expectations on both earnings and revenue, thanks to a record-setting quarter in equities trading. The bank posted earnings of $14.12 per share versus an expected $12.35, with revenue reaching $15.06 billion compared to forecasts of $14.81 billion. Financial Performance In 2024, The Goldman Sachs Group's revenue was $52.16 billion, an increase of 15.34% compared to the previous year's $45.23 billion. Earnings were $13.48 billion, an increase of 71.52%. Analyst Forecast According to 16 analysts, the average rating for GS stock is "Buy." The 12-month stock price forecast is $593.43, which is an increase of 20.02% from the latest price. Technical Outlook Prior our last analysis on NYSE:GS stock, the asset is already approaching the short term resistant point and a break above that pivot would cement the path for a bullish campaign for NYSE:GS shares . As hinted by the RSI at 43, NYSE:GS shares has more room to capitalize on the dip and pull on a bullish campaign today. All eyes are set on the $520 level, should NYSE:GS shares break that pivot, a bullish breakout might be inevitable.
NYSE:GSLong
by DEXWireNews
GOLD WEEKLY CHART MID/LONG RANGE ROUTE MAP UPDATEDWeekly GOLD Analysis: 24th February 2025 Hello Traders, Here’s a weekly chart analysis of GOLD, offering an in-depth look at recent market trends and future outlook. Since October 2023, our consistent tracking has achieved 100% target accuracy, as shown by the Golden Circle markers on the charts. Let’s break down the highlights and what’s next. Gold reached an all-time high of $2,954.80 last week. As previously noted, close attention to the movement of the 5-day Exponential Moving Average (EMA5) was advised. The anticipated Fair Value Gap (FVG) provided strong support at $2,850, with the EMA5 approaching the first take-profit (TP1) level at $2,877, leading to a bullish surge that touched the all-time high. However, the EMA5 has yet to cross and stabilize above $2,877. This situation persists, with the EMA5 still not locked above $2,877, which is necessary for further bullish confirmation. If the EMA5 fails to cross and hold above this level, the price may reverse to test the GoldTurn level at $2,875 before potentially bouncing back upward. The key level at $2,735 remains a critical zone. Active GoldTurn levels at $2,875 and $2,735 suggest that the price may revisit these areas before advancing to TP1 and beyond. Recommendations & Strategy: * Focus on EMA5: Watch its behavior around 2877 for key signals on short- and long-term trades. * Support Levels: GoldTurn levels at 2875 and 2735 are vital for identifying reversal points and prime dip-buying opportunities. * EMA5 detachment is still due on weekly chart. For precise entry and exit points, check our daily, 12H, 4H, and 1H analyses for clearer market guidance. We’ll continue to provide daily updates, insights, and strategies on our TradingView and YouTube channels every Sunday. Don’t forget to like, comment, and share to support our work and help others benefit! The Quantum Trading Mastery
FXOPEN:XAUUSDLong
by TheQUANTUMTraders
GOLD 12H CHART ROUTE MAP ANALYSIS FOR THE WEEK12H GOLD Chart: Updated Analysis and Strategic Outlook (10the Feb 2024) Hello Traders, Here’s the latest 12H GOLD chart update, featuring a detailed review of recent movements and actionable insights for the upcoming market sessions. Our diligent tracking since October 2023 has consistently delivered 100% target accuracy, as evidenced by the marked Golden Circle areas on the charts. Let’s dive into the highlights and what lies ahead. Previous Chart Review * Entry Level 2814: ✅ DONE * TP1 2858: ✅ DONE * The price broke above the resistance level 2858 and reached a new ATH at 2886 last week. * EMA5 held above 2858, which fueled the strong bullish push during Friday’s NFP release. What’s Next for GOLD? Bullish or Bearish? The price is currently consolidating around 2858, with EMA5 playing a crucial role in determining the next trajectory. Resistance Levels: 2903, 2948, 2993 Support Levels (Activated GOLDTURN Levels): 2813 (Critical Weighted Level) 2770 (Critical Weighted Level) 2710 (Critical Weighted Level) 2664 (Major Support Level) 2599 (Lower Major Demand Zone and Retracement Range) EMA5 Behavior (Red Line): * Currently sitting below TP1 (2858) but indicating sustained bullish momentum. * EMA5’s crossing and locking above or below key levels will signal the next move: Bullish Scenarios: Scenario 1: If EMA5 crosses and locks above TP1 (2858), expect a bullish rally toward 2903. Scenario 2: If EMA5 crosses and locks above TP2 (2903), the next target is 2948. Scenario 3: A further cross and lock above 2948 could drive the price to 2993. Bearish Scenarios: If EMA5 fails to sustain above TP1 (2858) and resistance levels hold, expect a pullback toward support zones: Scenario 1: A cross and lock below Entry (2813) could lead to a decline toward 2770. Scenario 2: A further drop below 2770 may target 2710 as the next support level. Scenario 3: Continued bearish momentum could push the price toward 2664 and, ultimately, 2599 (Retracement Range). Short-Term Strategy: Anticipate possible reversals at weighted GOLDTURN levels 2813 and 2770. Leverage 1H and 4H timeframes to capture pullbacks around these levels. Target 30–40 pips per trade, focusing on shorter positions for effective risk management. GOLDTURN levels provide reliable bounce opportunities, allowing you to buy at dip levels. Long-Term Outlook: Maintain a bullish bias while using pullbacks as buying opportunities. Buying near key support levels ensures better entry points and mitigates risks, avoiding the pitfalls of chasing tops. Final Thoughts: Trade with precision, discipline, and confidence. Our accurate, multi-timeframe analysis equips you to navigate the market effectively. Stay updated with daily insights to remain ahead of market trends. We appreciate your support! Don’t forget to like, comment, and share this post to help others benefit. Best regards, 📉💰 The Quantum Trading Mastery Team
FXOPEN:XAUUSDLong
by TheQUANTUMTraders
Risk aversion pushes gold higher againFrom the perspective of gold trend, after three trading days of shocks and consolidation, this trading day also chose to break upward. After breaking through the pressure near 3030/32, it inertially rushed up to 3056, which is only one step away from the historical high. Gold broke out of the upward trend mainly driven by risk aversion. Russia, Ukraine and Gaza opened fire again. The originally planned peace talks did not achieve substantial results, so the current market risk aversion pushed gold upward again. Gold strengthened again after breaking through the convergence triangle. Gold can be shorted in the short term, sl: 3063 tp: 3042
TVC:GOLDShort
by Fortune-signal
NIKE INC. AMERICAN SHOOES LOOSING GLOSS, AHEAD OF U.S. RECESSIONNIKE Inc. or Nike is an American multinational company specializing in sportswear and footwear. The company designs, develops, markets and sells athletic footwear, apparel, accessories, equipment and services. The company was founded by William Jay Bowerman and Philip H. Knight more than 40 years ago, on January 25, 1964, and is headquartered in Beaverton, Oregon. As of July 15, 2024, NIKE (NKE) shares were down more than 33 percent in 2024, making them a Top 5 Underperformer among all the S&P500 components. Perhaps everything would have been "normal", and everything could be explained by the one only unsuccessful December quarter of 2023, when the Company’s revenue decreased by 2 percentage points to $12.6 billion, which turned out to be lower than analyst estimates. But one circumstance makes everything like a "not just cuz". This is all because among the Top Five S&P500 Outsiders, in addition to NIKE, we have also shares of another large shoe manufacturer - lululemon athletica (LULU), that losing over 44 percent in 2024. Influence of macroeconomic factors 👉 The economic downturn hurts most merchandise retailers, but footwear companies face the greatest risk to loose profits, as higher fixed costs lead to larger profit declines when sales come under pressure. 👉 The Nasdaq US Benchmark Footwear Index has fallen more than 23 percent since the start of 2024 as consumer spending is threatened by continued rising home prices, banks' reluctance to lend, high lending rates, and high energy and energy costs. food products - weaken. 👉 In general, the above-mentioned Footwear Sub-Industry Index continues to decline for the 3rd year in a row, being at levels half as low as the maximum values ​​of the fourth quarter of 2021. Investment Domes worsen forecasts... 👉 In the first quarter of 2024, Goldman Sachs made adjustments to its forecast for Nike shares, lowering the target price to $120 from the previous $135, while maintaining a Buy recommendation. The company analyst cited ongoing challenges in Nike's near-term growth trajectory as the main reason for the adjustment, anticipating potential underperformance compared to market peers, noting that Nike's 2025 growth expectations have become "more conservative." 👉 Last Friday, Jefferies Financial Group cut its price target from $90.00 to $80.00, according to a report. 👉 Several other equity analysts also weighed in on NKE earlier in Q2 2024. In a research note on Friday, June 28, Barclays downgraded NIKE from an "overweight" rating to an "equal weight" rating and lowered their price target for the company from $109.00 to $80.00. 👉 BMO Capital Markets lowered their price target on NIKE from $118.00 to $100.00 and set an overweight rating on the stock in a research report on Friday, June 28th. 👉 Morgan Stanley reaffirmed an equal-weight rating and set a $79.00 price target (up from $114.00) on shares of NIKE in a research report on Friday, June 28th. 👉 Oppenheimer reiterated an outperform rating and set a $120.00 price target on shares of NIKE in a research report on Friday, June 28th. 👉 Finally, StockNews.com downgraded NIKE from a "buy" rating to a "hold" rating in a research report on Friday, June 21st. ...and it becomes a self-fulfilling prophecy Perhaps everything would have been fine, and all the deterioration in forecasts could have been attributed to the stretching spring of price decline, if not for one circumstance - it is not the ratings that are declining due to the decline in share prices, but the shares themselves are being pushed lower and lower, as one after another depressing ones are released analytical forecasts from investment houses. 16 years ago. How it was On January 15, 2008, shares of many shoe companies, including Nike Inc. (NKE) and Foot Locker Inc. (FL) fell after investment giant Goldman Sachs (GS) slashed its stock price targets, warning that the U.S. recession would drag down the companies' sales in 2008 as consumers spend more cautiously. "The recession will further increase the impact of the key headwind of a limited number of key commodity trends needed to fuel consumer interest in the sector," Goldman Sachs said in a note to clients. In early 2008, Goldman downgraded athletic shoe retailer Foot Locker to "sell" from "neutral" and cut its six-month share price target from $17 to $10, saying it expected U.S. sales margins to continue to decline in 2008 despite store closures. The downgrade was a major blow to Foot Locker, which by early 2008 had already seen its shares fall 60 percent over the previous 12 months as it struggled with declining sales due to declining demand for athletic shoes at the mall and a lack of exciting fashion trends in the market. sports shoes. Like now, at those times Goldman retained its recommendation rating to “buy” Nike Inc shares, based on general ideas about the Company’s increasing weight over the US market, topped off with theses about the Company’s international visibility, as well as robust demand ahead of the Beijing Olympics. However Goldman lowered its target price for the shares from $73 to $67 ( from $18.25 to $16.75, meaning two 2:1 splits in Nike stock in December 2012 and December 2015). Although Nike, at the time of the downturn in forecasts, in fact remained largely unscathed by the decline in demand for athletic footwear among US mall retailers, it reported strong second-quarter results in December 2007 (and even beating forecasts for strong demand for its footwear in the US and growth abroad) , Goldman Sachs' forecasts for Nike's revenue and earnings per share to decline were justified. Later Nike' shares lost about 45 percent from their 2008 peaks, and 12 months later reached a low in the first quarter of 2009 near the $40 mark ($10 per share, taking into account two stock splits). The decline in Foot Locker shares from the 2008 peaks 2009 lows was even about 80 percent, against the backdrop of the global recession and the banking crisis of 2007-09. Will history repeat itself this time..!? Who knows.. However, the main technical graph says, everything is moving (yet) in this direction.
NYSE:NKE
by PandorraResearch
Gold swing trade week 16/03/25Last week he had a trade from 2880 that ran for 1244 pips congragulations if you took it. This week we are looking for a sell then leading into a buy at previous resistance. Current Price Action: Gold is trading near $2,984, slightly rejecting resistance. The price is respecting the ascending channel with higher highs and higher lows. Support & Resistance Levels: Immediate Resistance: Around $2,998 - $3,000, psychological and technical resistance. Key Support: 2,961 - $2,965 (potential buy zone). Next Major Resistance: 3,021 - 3,030 (Fibonacci extension + trendline target). Fibonacci Levels: The 0.618 Fibonacci retracement around 2,964 aligns with a potential buy entry. The 0.382 retracement at 2,996 acts as immediate resistance. Trendlines & Channel: Price is respecting the bullish channel. A break above 3,000 could push XAU/USD toward 3,021 - 3,050. If price breaks below 2,961, a retracement to 2,930 - 2,900 is possible. Moving Averages: Short-term EMA (White) is above the Green MA, signaling continued bullishness. If the price holds above 2,965, bulls remain in control.
OANDA:XAUUSD
by F0rexBorex
1
XAUUSD Bullish Setup – Demand Zone & Trendline Confluence! Gold (XAUUSD) remains in a strong uptrend, respecting the ascending trendline. Price is currently pulling back towards a key demand zone around $2,800, aligning perfectly with the trendline support. 🔍 Key Observations: ✅ Strong bullish momentum continues. ✅ Price is retracing into a high-probability buy zone. ✅ Demand zone + trendline = strong confluence for a potential reversal. ✅ Targeting new highs above $3,100 if support holds. 🔥 Trading Plan: 📌 Waiting for bullish confirmation near the demand zone before entering. 📌 Potential long entry around $2,800 - $2,820. 📌 Stop loss below $2,770 to protect capital. 📌 Target: New ATH beyond $3,100! 📊 What are your thoughts on this setup? Let me know in the comments!👇
FXOPEN:XAUUSDLong
by HAAADY
News affecting gold pricesNews: Russia's nighttime attack damaged port infrastructure in the Odessa region of Ukraine. Russian troops occupied Zelenpo and Dachne in eastern Ukraine. In the past day, the Russian army lost about 1,200 soldiers, as well as 17 tanks, 16 armored personnel carriers and 81 artillery systems and other equipment. Geopolitics is continuing to heat up, and gold prices are expected to continue to rise next week. Viewpoint The market is in a volatile range. It is expected to show an upward trend in the next trading cycle. Keep an eye on the subsequent sharing of views
TVC:GOLDLong
by David_financial_analyst
1
GOLD 4H CHART ROUTE MAP TRADING PLAN FOR THE WEEK4H Gold Analysis – 10th Feb 2025 Dear Traders, Here’s our updated 4H chart analysis, including key levels, targets, and Goldturn levels for the week. Gold is currently fluctuating between two weighted levels, with gaps above 2876 and below 2850. A confirmed EMA5 crossover and lock above or below these Goldturn levels will determine the next trading range. Until then, expect levels to be tested side by side. Trading Strategy: * Maintain a bullish bias and use pullbacks as buying opportunities. * Avoid chasing tops; instead, buy dips from key levels. * Use smaller timeframes for pullback entries at Goldturn levels. * Aim for 30-40 pips per trade for effective risk management. Bullish Targets EMA5 cross and lock Above 2876, will open the following bullish target 2903 EMA5 cross and lock Above 2903, will open the following bullish target 2925 Bearish Targets EMA5 cross and lock Below 2852: will open the following bearish target 2828 EMA5 cross and lock Below 2828: will open the following bearish target 2803 EMA5 cross and lock Below 2803: will open the following bearish target 2776 (Retracement Range) EMA5 cross and lock Below 2776: will open the following bearish target 2747 (Swing Range) Trade with confidence and discipline. Stay updated with our daily insights! Support us with likes, comments, boosts, and follows! 📉💰 The Quantum Trading Mastery
FXOPEN:XAUUSDLong
by TheQUANTUMTraders
Continue to short goldDear traders, yesterday we adhered to our strategy of shorting gold near the 2760 level, and gold has now retraced as expected to the 2740 level. We closed our short positions around 2741. Although we didn’t catch the absolute bottom, I’m pleased that we secured the majority of the profits. While the majority of the market was chasing long positions, we strategically opted to short gold. This not only yielded significant profits but also protected our capital from being trapped at higher levels during the retracement. A well-executed and commendable trading strategy! Currently, after testing the 2740 level, gold has rebounded, but the strength of the rebound appears to be considerably weaker. I believe that market sentiment toward gold is shifting, with traders becoming less blindly confident in long positions. If gold’s upward momentum continues to weaken, it could trigger profit-taking among long positions, leading to increased selling pressure. For short-term trading, I will maintain my preference for shorting gold in the 2750–2760 range.Bros, have you followed me to short gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDShort
by Trader_Marvin
Continue to buy goldAs I mentioned in my last article, gold will continue to rise. We went long on gold near 2662 in the last transaction and closed the transaction by hitting TP: 2676 for profit, easily earning 140 Pips, a very successful transaction! At present, gold has risen to a maximum of around 2679, breaking yesterday's high in one fell swoop. The hourly level M top suppression has been ineffective, and the rising pattern remains intact. At present, gold still has the momentum and space to continue rising, so gold may still rise or even try to touch around 2690. , then we can just follow the trend and go long gold in trading. Of course, we can't chase gold directly, but because gold has a small retracement space during the rise, we can't expect too much retracement before going long on gold, and the short-term support area has moved up to the 2670-2660 area, so we can go long on gold based on this support area. Bros, do you continue to be bullish on gold with me? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDLong
by Trader_Marvin
Ready to go long on goldGood morning, bros! Let's re-examine the gold market together! Gold fell back again after touching around 2674, with the current lowest falling to around 2661. From a short-term structural point of view, gold constructed a sub-high of 2674 at the hourly level, forming an 'M' top structure with yesterday's high of 2676, forming a negative impact on gold. A certain degree of technical pressure; However, from an overall perspective, if gold cannot fall below the 2650 position during the fall, it will reduce the pressure on the hourly level 'M' top and accumulate energy during the fall, which will help gold continue to fall after the fall. The price fluctuates and rises, and it is easier to break through the resistance in the 2678 area, and may even continue to rise to the 2680-2690 area. So in terms of short-term trading, we can use the 2660-2650 area as support and try to go long on gold! Bros, are you bullish on gold in the short term like me? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDLong
by Trader_Marvin
Long Position Stuck, Currently Reversing the LossesYesterday, the long position got stuck, but I have been using scalping on shorter timeframes to recover the losses, and now it's turned into a profit. With the remaining time today, I believe gold will rise to around 2630. During the process, I adjusted stop-loss levels and position sizes flexibly, capturing short-term fluctuations to turn the situation from a loss into a profit. Moving forward, if the price of gold continues to rise, I will maintain the long position and adjust the strategy according to market movements, with the target around the 2630 level.
FOREXCOM:XAUUSDLong
by MichaeliaDefoe
1
Gold Expected to Rise, Target at 2733A great weekend has come to an end, and last week brought us substantial profits. This week, let’s aim for another strong start! Gold trading opens in just half an hour. On Friday, the price of gold showed limited movement, slightly different from our expectations, but this is not a concern—the rally is still on track! As of Friday’s close, gold prices hovered around the MA5 level without fully breaking through, suggesting some resistance. However, a broader time frame shows that the overall rebound isn’t over yet. Friday’s movement was merely an initial attempt to test the MA30 resistance, with the major resistance level expected at the MA60. With this in mind, my strategy this week is to buy gold below 2680. The first target range is 2685-2696, the second target 2706-2712, and the final target 2721-2733. Here’s to another profitable week ahead!
FOREXCOM:XAUUSDLong
by MichaeliaDefoe