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Goldmansachs

Will gold continue to rise as risk aversion heats up? 📌 Gold driving factors At present, the current market sentiment has turned cautious, driving safe-haven funds into gold. Previously, Moody's downgraded the US sovereign credit rating, and President Trump's promotion of a large-scale tax cut bill is expected to be passed by Congress, further strengthening the theme of "selling the United States" and exerting continuous pressure on the US dollar. In addition, the resurgence of disputes between the United States and China on the chip issue, and the news that the Group of Seven is considering imposing tariffs on cheap Chinese products, have exacerbated the uncertainty of the global economic outlook, further suppressing the US dollar, while supporting gold, a traditional safe-haven asset, to an eight-day high. Gold prices also benefited from the heating up of geopolitical tensions. CNN reported that several US officials revealed that Israel is preparing to launch a strike on Iran's nuclear facilities. 📊Commentary Analysis The current market is still running in a range of shocks. Therefore, the US market is still trading repeatedly around the range for the time being. For the time being, the small range will temporarily look at the 3320-3285 line! 💰Strategy Package Gold: Short when it retreats to around 3325-3320, stop loss at 3330, target around 3290! For long orders, look at the support situation and then enter the market at the right time! ⭐️ 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 fund account - Stop loss is 1-3% of the fund account
OANDA:XAUUSDLong
by Labaron
1
Grasp the core strategy of trend tradingGold continues to be bullish and will go to the area near the gap of 3325. At that time, the short-term may be blocked and fall back. If it breaks, look at the area near 3340-3345. In the 4H cycle, relying on the moving average to support the rising stage, and the Bollinger is in an open state, there is still room to see above. The support for the fall back is to pay attention to the top and bottom of the small cycle of 3285, followed by the low point of 3274, but there will not be too much retracement in the strong position. In terms of operation, the main fall back is long, and gradually look at 3325 and 3345. Shorting can only be entered at key points, and fast in and out without fighting. Operation suggestion: Go long on gold near 3285-74, look at 3315 and 3325! If it is extremely strong, go long on the support of 3298-3295!
OANDA:XAUUSDLong
by TP_Daniel5
Gold is rising strongly, can it retreat and go long today?🗞News side: 1. US officials said Trump's statement was related to the Golden Dome Project, which may affect the flow of funds 2. The tension in the Middle East has intensified, and the risk aversion sentiment has increased, which is good for gold 3. Although the withdrawal of Indian and Pakistani troops has eased the regional situation, geopolitical risks still exist 4. Trump mentioned the tax bill, which affected economic expectations and affected gold investment sentiment to a certain extent. 📈Technical aspects: Yesterday we gave the view that there would be suppression at the 3290 level above, but affected by geopolitics, risk aversion sentiment rose again. Today, the moving average spread upward, and the Bollinger Bands opened and expanded, and the situation is still bullish. At present, we need to pay attention to the key short-term support level, focusing on the 3280-3285 support line. If the price retreats to this level and does not weaken, it can be considered as an opportunity for us to go long. If the resistance of 3320 is broken through strongly, the upper target will move up, and the lower support will also move up accordingly. 3300 will be converted into an entry opportunity for bulls to pull back. Therefore, we need to observe the price continuity in the European session. If the European session continues to break highs, the US session's correction will still be mainly based on long positions. During the day, it is recommended to wait for gold to retreat to 3290-3280 and try to arrange long positions, looking upward to 3320-3330. If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD FX:XAUUSD OANDA:XAUUSD
OANDA:XAUUSDLong
by AllenBoswell
Gold price suddenly rises, how to get out of the trap at night🗞News side: 1. Humanitarian crisis in Gaza Strip, many civilians injured. I hope that world peace is all right 2. The call between the Russian and Ukrainian leaders is still ongoing 📈Technical aspects: After gold fell back after touching 3250, it rose again and has broken through to around 3270. This rapid rise was unexpected. Although the 1H moving average turned upward, the gold price is currently consolidating at a high level. It is not suitable for us to enter the market at this time. We should remain on the sidelines and pay attention to the pressure at 3290 above. The short-term support below needs to pay attention to 3250-2540. If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. OANDA:XAUUSD FX:XAUUSD TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD
OANDA:XAUUSDLong
by AllenBoswell
Is the gold trend caught in a vicious circle of ups and downs? In the short term, the trend of gold prices has been separated from the influence of fundamentals, and is more dominated by emotional games. In particular, the price of gold once rose by 30% in 2025, which seriously stimulated the speculative sentiment in the market and made it easy for gold prices to fall into a vicious circle of "big ups and downs". Next, the price of gold will become more sensitive to a series of factors, especially trade wars and tariff policies, geopolitical turmoil, the Federal Reserve's monetary policy and US macro data, as well as global central banks' gold purchases and physical demand, etc., will cause violent fluctuations in the short term. These are the points we need to pay close attention to! Views on the trend of gold in the European session! Looking back at the gold trend of the daily line in the past few days, the high resistance is generally maintained at around 3165-3150. This is also the fundamental reason why gold has been jumping up and down during this period, but it is still weak and under pressure overall. In addition, the current trading price is at the upper end of Friday's range, and the bullish momentum is not large, basically maintaining near a neutral point! Since the market continued to be under pressure at 3250 yesterday, the market's bullish considerations need to be lowered first. At the same time, since it has been under pressure below 3265, the current short-term adjustment is obvious on the technical side, and short orders still need to be followed up! At present, we can only wait and see whether the market breaks upward or downward, and follow the trend. Gold: Retreat to low longs near 3200 once, defense at 92, target at 3235! Retracement to near 3240-45 to gamble on short orders!
TVC:GOLDLong
by Yuliya1l11
It’s the right time to shortUS President Trump recently criticized Fed Chairman Powell again, calling him "slow to act" and emphasizing that the Fed should cut interest rates as soon as possible to support the economy. Trump believes that delaying interest rate cuts may lead to the risk of recession in the US economy, but the Fed still takes inflation and employment data as the core of decision-making, and the two sides have obvious differences in policy positions. At present, the Fed's interest rate cut expectations have been postponed and the magnitude has been reduced. Coupled with the expectation of rising US bond yields, the gold market sentiment has weakened. The world's largest gold ETF recently reduced its holdings by 8.98 tons to 918.73 tons, reflecting the cooling of institutions' short-term bullish enthusiasm for gold. Technically, gold prices continued to weaken after breaking through key support last week, and the weekly closing was negative, suggesting that shorts were dominant; the daily level was constrained by the 20-day moving average, and the volatile downward trend may continue in the short term. Focus on the 3250-3265 line resistance during the day. If it cannot break through, the $3,200 mark below may face a test. Gold recommendation: short sell when it rebounds to 3245-3252 range. Target 3230-3220.
OANDA:XAUUSDShort
by TP_Daniel5
1
How to layout in the battle between long and short positionsGold surged directly at the opening, which is in line with our analysis expectations. We gave a short position near 3240-45. As expected, gold fell to the 3230 line for profit. There is great pressure from above and limited space above. Up to now, it has been fluctuating near 3220. For gold, we are now focusing on the short-term support of 3200-06. If it breaks through this position, it is very likely to go to the 3175-90 line. From the current trend analysis, today's support continues to focus on 3170-80, strong support 3150, and upper pressure 3253-60. Relying on this range as a whole, the main tone of high-altitude low-multiple cycle participation remains unchanged. In the middle position, you must watch more and move less, be cautious in chasing orders, and wait patiently for key points to enter the market. I will notify you of the specific operation strategy in time and pay attention to it in time. Gold operation strategy: short gold rebound near 3240-50, target 3230-3220. Pay attention to the support of 3202 and 3175 below, and go long according to the strength of the decline!
OANDA:XAUUSDShort
by TP_Daniel5
1
XAU/USD) back up Trand analysis Read The ChaptianSMC Trading point update Technical analysis for XAU/USD (Gold vs. US Dollar) on the 4-hour timeframe suggests a bullish reversal setup from a key support zone. Here's a breakdown of the idea: Key Observations: 1. Support Zone (Yellow Box at ~3,100–3,140): The price recently touched a significant support area marked by multiple previous bounces (green arrows). The latest green arrow shows a bullish reaction from this zone, indicating potential for an upward move. 2. Resistance Zone (~3,220–3,250): This intermediate zone is expected to be the first area of interest for bulls. The analysis suggests a brief pullback or consolidation before continuation. 3. Target Point (~3,375): The chart outlines a projected move to around 3,375, aligning with a previous supply zone and the upper channel line. This is likely the main target for a swing trade. 4. EMA 200 (Blue Line - ~3,221): Price is hovering around the 200 EMA, acting as a dynamic resistance. A breakout above this would add bullish confirmation. 5. RSI Indicator (~41): RSI is recovering from an oversold region (~38), indicating potential momentum building for a reversal. Mr SMC Trading point --- Conclusion: This is a bullish reversal setup with: Entry zone: Around 3,120–3,140 Short-term resistance: ~3,220–3,250 Final target: ~3,375 Invalidation: A clear break and close below the yellow support box (~3,100) Pales support boost 🚀 analysis follow)
FX:XAUUSDLong
by SMC-Trading-Point
23
XAU/USD) bullish trend analysis Read The ChaptianSMC trading point update Technical analysis of XAU/USD (Gold Spot price against USD) on a 1-hour timeframe, featuring a Smart Money Concept (SMC) approach. Here's a breakdown of the key ideas presented: --- 1. Downtrend & Trendline Break The chart initially shows a downtrend with two red arrows marking lower highs. A trendline is broken, indicating a potential shift in market structure. CHOCH (Change of Character) is labeled — a key SMC concept signaling a reversal from bearish to bullish structure. --- 2. Orderblock & FVG (Fair Value Gap) A bullish orderblock is highlighted, indicating an area where institutional buying may have occurred. A Fair Value Gap (FVG) is shown, which often acts as a magnet for price to fill inefficiencies before continuing in the intended direction. --- 3. Resistance & Target Zones A resistance level is marked near 3248–3250, which price may revisit and possibly break. Two target points are identified: First target: ~3344 Final target: ~3433 --- 4. EMA 200 The EMA 200 is acting as dynamic resistance; a break above it adds confluence to the bullish bias. --- 5. Expected Move The analysis anticipates: 1. A pullback into the FVG or orderblock. 2. A bullish continuation after mitigating those zones. 3. Price aiming for the resistance and eventually the upper targets. Mr SMC Trading point --- Conclusion This is a bullish outlook based on a structural break (CHOCH), institutional demand (orderblock), and gap-filling logic (FVG). The price is expected to pull back slightly and then rally toward the 3344 and 3433 levels if it holds the orderblock zone. Pales support boost 🚀 analysis follow)
OANDA:XAUUSDLong
by SMC-Trading-Point
5
XAUUSD Bearish Setup with Key Entry, Stop Loss & Target LevelsEA GOLD MAN XAUUSD Entry Point: $3,235.94 Stop Loss: $3,235.94 (above current price, suggesting a SELL trade) Target Points: EA Target Point (Downside): $2,974.71 (Short target) EA Target Point (Upside): $3,505.03 (Long target — likely alternate scenario) Resistance Level: $3,121.49 Nearby Support Zone: Around $3,000–$2,975 📉 Trade Strategy Implied This appears to be a short position setup: Sell at: ~$3,220–$3,235 Stop Loss: $3,235.94 Take Profit: $2,974.71 Risk/Reward Ratio: ~1:3 (very favorable setup if thesis holds) The upside target ($3,505.03) might be for a different scenario — if price reverses and breaks above resistance. 🧠 Market Structure Observations Trend: A bearish break from a previous ascending channel. Momentum: Price has bounced slightly after hitting support, but the moving averages suggest bearish momentum may persist. Key Risk: If price breaks above $3,236 convincingly, it could invalidate the short setup and trigger a bullish run. 📌 Summary Bias: Bearish (based on current setup) Setup: Short with tight stop above resistance Confirmation Needed: Watch for rejection at the $3,220–$3,236 zone and a breakdown below $3,200 for follow-through.
CAPITALCOM:GOLD
by EA_GOLD_MAN_COPY_TRADE
34
Gold has a strong deep V, 3200 support is good for longThe 1-hour moving average of gold begins to turn and continue, so the momentum of gold bears begins to weaken, and gold bulls may begin to exert their strength. However, gold started to rise all the way from 3120 to 3252 yesterday. Gold rose by about 130 points, so the volatility began to increase. Therefore, we must wait patiently for gold to adjust. Because of such a large fluctuation, an adjustment will also be tens of dollars. We must wait patiently for the adjustment and stabilize before going long. After gold breaks through 3192, it is considered a strong deep V breakthrough of important resistance. Then 3192 of gold has now become an important support level. If it falls back to 3192 in the Asian session, go long on dips. If gold falls back to near the 3200 mark, you can try to go long. Since gold has started to reverse strongly, gold bulls have begun to show their muscles. In the short term, we should not be stubbornly bearish anymore. We should be flexible and adapt to the market. The market is like this, changing rapidly. We should adapt to the market and not be too obsessed with bears or bulls. Obsession is a trap. Gold bulls are strong now, so gold is now the home of bulls. Go long when the Asian session falls back.
OANDA:XAUUSDLong
by TP_Daniel5
Gold rebounds above 3190, maintains 🔔 Driving Events Gold prices (XAU/USD) failed to extend Thursday's sharp rebound from the $3,120 area (the lowest level since April 10) and faced selling pressure again during Friday's Asian session. The 90-day trade truce between China and the United States has relieved some of the pressure on global financial markets, suppressing demand for safe-haven metals. Nevertheless, lingering geopolitical tensions and a weaker US dollar continue to provide potential support, limiting the downside for gold prices. In addition, the market's growing expectations for further interest rate cuts by the Federal Reserve may prevent traders from taking a strong bearish stance on gold in the short term. 📊Comment Analysis Gold prices have recovered, and buyers are determined to keep gold prices stable around 3200 points in May. Waiting for new bullish momentum after the end of tariff negotiations 💰Strategy Package 🔥Sell Gold Zone: 3287-3290 SL 3294 TP1: $3270 TP2: $3260 TP3: $3250 🔥Buy Gold Zone: $3173 - $3175 SL $3168 TP1: $3188 TP2: $3200 TP3: $3218 ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the lot size that matches your funds - Profit is 4-7% of the capital account - Stop loss is 1-3% of the capital account
OANDA:XAUUSDLong
by Labaron
1
Gold V-shaped reversal? How to solve the short order quilt🗞News side: 1.PPI has fallen for three consecutive months 2. Russia-Ukraine talks are ongoing 3. Powell says the era of long-term low interest rates is over 📈Technical aspects: Gold rebounded from oversold in the European session, hitting a low of 3120 before pulling back and rising. After a second retracement to confirm 3130, it made a V-shaped reversal. Currently, gold is still testing the 3190-3200 resistance line. Before breaking the resistance range, gold may still usher in a second bottom detection 🎁SELL 3190-3200, SL 3210, TP 3170-3160 If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD FX:XAUUSD OANDA:XAUUSD
OANDA:XAUUSDShort
by AllenBoswell
XAU/USD) bearish trand analysis Read The ChaptianSMC Trading point update Technical analysis of XAU/USD (Gold vs. USD) on the 4-hour timeframe suggests a bearish outlook. Here's a breakdown of the key elements: --- Key Levels: 1. Resistance Zone (Upper Yellow Block): Around 3,450–3,500. Price was previously rejected from this level, forming a double-top like structure. 2. Rejection Point (Mid-Level Zone): Near 3,300–3,310. Price repeatedly failed to break and hold above this zone, indicating strong selling pressure. 3. Support Zone / Demand Block (Lower Yellow Block): Around 3,100–3,125. This is the target area, labeled clearly as TARGET POINT: 3,116.501. --- Indicators: 200 EMA: Currently above the price, suggesting downward momentum. Acting as a dynamic resistance. RSI (14): Around 39, slightly above oversold territory (30). Indicates bearish pressure but not yet oversold — room for further downside. The chart suggests that if price breaks below the mid-level support, we could expect a move towards the support block around 3,116. The bearish wave projection drawn in the chart confirms the trader’s expectation of a drop. The setup appears to be a break-and-retest of the mid-zone, followed by continuation downward. Mr SMC Trading point --- Trading Idea Summary: Bias: Bearish Entry Trigger: Break below ~3,225–3,230 with confirmation Target: ~3,116 Invalidation/Stop: Close above 3,300–3,310 (rejection zone) Pales support boost 🚀 analysis follow)
OANDA:XAUUSDShort
by SMC-Trading-Point
10
The technical side collapses! Can the bear market continue?🗞News side: 1. Russia and Ukraine hold ceasefire talks 2. Initial jobless claims data released during today's US trading session 3. Trump administration exposed to trillions of national debt 📈Technical aspects: After gold fell below 3200, it pointed directly at the 3100-3000 line. Although there has been a rebound in the process, the current short-term short-term situation has not changed. The current lack of rebound momentum in the market is mainly due to the fact that the bad news has not been completely digested. At present, the gold price has rebounded to around 3160. Above, we need to pay attention to the first-line suppression of 3168, which is the first low point in the decline, followed by the 3190-3200 resistance zone above. If the gold rebound cannot break through the 3168 point, then the gold price will most likely continue its decline, test the 3120 low again, or even move towards 3000. If the European market hits the 3168 line and encounters resistance, it can be short-term and focus on the release of initial jobless claims data in the US market. If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. OANDA:XAUUSD FX:XAUUSD TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD
OANDA:XAUUSDShort
by AllenBoswell
Short selling on the rebound is determined to winAfter gold fell below 3202 in the US market, it rebounded to 3198 at its highest. This rebound was just an oversold rebound, and then continued to fall back. Although it has not refreshed the low point for the time being, the pattern has weakened and it is difficult to rise again in the evening. Weak shorts can hardly get past 3198. The short-term support below is 3150-3140. Gold continues to cross downward shorts in 1 hour. The short strength is still there. The rebound continues to give shorts opportunities. There is no obvious sustained upward momentum in the short term. Then such a market is just a rebound. Gold rebounds in the US market and continues to be short. On the whole, the short-term operation strategy for gold today is recommended to be short on rebounds and long on pullbacks. The short-term focus on the resistance line of 3202-3205 is on the upper side. Gold operation strategy reference: Strategy 1: Short gold near 3195-3205, target near 3180-3170. Strategy 2: Long gold near 3160-3150, target near 3170-3190.
OANDA:XAUUSDShort
by TP_Daniel5
Gold prices are expected to rise in the future!Market news: On Wednesday (May 14) in the early Asian session, spot gold fluctuated in a narrow range and is currently trading around $3,240/ounce. After the plunge on Monday, the London gold price rebounded slightly. The influx of bargain hunting provided support for the international gold price. In addition, the US CPI in April was weaker than market expectations, the Fed's expectations for rate cuts cooled, the US dollar index fell from a one-month high, and geopolitical concerns provided momentum for the gold price to rise.International gold faces three key variables: first, the follow-up progress of the Sino-US trade negotiations. Although the two sides reached a 90-day truce agreement, the comprehensive tariff policy still exists; second, the direction of the Federal Reserve's monetary policy. The mild performance of inflation data may create conditions for rate cuts; finally, global geopolitical risks, especially the evolution of the Russia-Ukraine peace talks and the India-Pakistan conflict. There are relatively few economic data on this trading day. US Secretary of State Rubio will attend the informal meeting of NATO foreign ministers from May 14 to 16 to discuss NATO's security priorities, including increasing defense investment and ending the Russian-Ukrainian war. In addition, several Federal Reserve officials will give speeches, and investors need to pay attention! Technical Review: The gold daily chart closed sharply below 3207, and the price broke away from the MA10/7-day gold bottomed out and rebounded in the late trading. The daily line closed with a small positive K and closed above the 3250 mark. After the extremely weak decline in the US market, the trend turned strong in the early morning, forming a wide range of fluctuations around the 3220/3270 range. The daily MA10/7-day moving average of the daily chart opened and suppressed 3296/3310 downward. The short-term four-hour chart and the hourly chart moving average were glued together, and the hourly chart Bollinger band closed. It closed strongly above the 3250 mark in the early morning, and the Asian market needs to pay attention to the strength of the counterattack of buying. Today's trading ideas are still expected to fluctuate, sell at high prices and buy at low prices to participate in short-term layout.At present, gold selling is temporarily resting. The intraday gold surge and the sharp drop before the data also show the repetitiveness of market sentiment. However, in the future, some factors that are conducive to selling are gradually implemented. The Fed's interest rate cut will be put on the agenda again in the medium term. The medium-term favorable pattern for gold has not changed, so in terms of operation, you can wait for the retracement to continue buying and continue to be bullish on gold. Today's analysis: The monthly chart of gold is running in an upward trend, and the long-term trend is neutral and upward; the weekly chart is a high-level shooting star, and the medium-term trend is expected to fall; the daily chart fails to hit the previous high and runs downward, and the short-term trend is expected to fall; the intraday short-term breaks through the 3248 suppression and continues upward, and the short-term stop-loss pattern appears. So far, the market has been repeatedly sorted above the 3215 area, and the short-term selling slows down and shows signs of stopping the decline!Note that if the one-hour closing today breaks above the 3348 area, then be careful when selling, and there is a high probability that the market will bottom out and reverse, which means that a new round of swing buying will start! At that time, you can directly choose the opportunity to buy the bottom! For the current short-term gold, focus on the stabilization of the two supports of 3215-3225. Take 3200 as the turning point of the Fengshui Ridge, and keep it to continue to maintain the bottom shock or gradually rebound; once it breaks through 3270, the rebound will be strengthened to test the 3300 mark; if it breaks through 3300 and stabilizes, the downward adjustment will end and the trend will return to rise; Operation ideas: Buy short-term gold at 3227-3230, stop loss at 3228, target 3270-3290; Short-term gold sell at 3265-3268, stop loss at 3277, target 3230-3210; Key points: First support level: 3225, second support level: 3215, third support level: 3200 First resistance level: 3260, second resistance level: 3278, third resistance level: 3300
OANDA:XAUUSDLong
by Toml1314
XAU/USD) Bullish trand line analysis Read The ChaptianSMC Trading point update Technical analysis of Gold Spot (XAUUSD) on the 4-hour timeframe, featuring key support and resistance levels, price action projections, and RSI for momentum evaluation. Here's a breakdown of the idea: Key Points in the Analysis: 1. Support & Resistance Zones: Big Support / Buying Zone: Around 3,222 – 3,240. This zone has seen previous bullish reversals and is supported by the 200 EMA. Intermediate Support Level: Around 3,270–3,290, where price might bounce before attempting a breakout. Key Resistance Level: Around 3,350–3,365. Price must break this area to move toward higher targets. 2. Price Action Projections: The analysis shows two bullish potential scenarios: Scenario 1: Price breaks above the resistance level directly and moves toward the target point at 3,535.83. Scenario 2: A retracement to the lower support or even the big buying zone before a bullish rally to the same target. 3. RSI (Relative Strength Index): Currently near the neutral zone (around 49), suggesting there's room for movement in either direction. No extreme overbought/oversold signals right now. 4. EMA (200): The price is currently hovering above the 200 EMA (3,222.01), which acts as a long-term support and trend indicator. Mr SMC Trading point Summary of the Trading Idea: Bias: Bullish Entry Zones: Look for long entries at either the support level (3,270–3,290) or lower buying zone (around 3,222). Target: 3,435.05 initially, then 3,535.83. Invalidation: A clear breakdown below the 3,222 support level could invalidate the bullish bias. Pelas support boost 🚀 analysis follow)
FX:XAUUSDLong
by SMC-Trading-Point
CPI data released, golden day analysis and operation layout🗞News side: 1. CPI data is in line with expectations, short-term positive 📈Technical aspects: As we wrote in the last post, from the 4H point of view, the oversold is serious, and there is a need for rebound correction in the short term. At present, the fluctuation of gold prices is mainly affected by news. Technical analysis and indicators can only be used as a side analysis guide and reference. Gold bottomed out in the morning and rebounded, and the European market continued to rise above 3250. This means that today is not a very weak bear. At the same time, the daily line touches the 30-day moving average support. There is a high probability of turning positive today. The overall idea is to treat the market as a shock. Intraday gold operation suggestions: 🎁BUY 3240-3250 🎁TP 3260-3270 Looking further towards the 3277 line If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. OANDA:XAUUSD FX:XAUUSD TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD
OANDA:XAUUSDLong
by AllenBoswell
The market is full of crises next week!📌Fundamentals: This weekend, China and the United States held two days of negotiations as scheduled. It seems that there are many topics to discuss and the scope is wide, but they are still trying to reach a consensus. Otherwise, there is no need to spend two days of intensive talks. Some people think that after so long, there is no conclusion, which is bad news. I think the opposite. At this time, no bad news means good news. Based on the current "marathon" negotiation time, we need to be vigilant about the expected difference in the results of this round of negotiations. The second is the India-Pakistan conflict. After the talks led by the United States, India and Pakistan have agreed to a comprehensive and immediate ceasefire. Judging from this line alone, there will definitely be no risk of risk aversion rising when the market opens on Monday. The only thing is that the results of this round of negotiations between China and the United States are quite important, and there will definitely be results before the opening of Monday. 📊Technological aspects: Even if the current round of China-US negotiations achieves an optimistic result, gold cannot fall below 3300. If it falls below 3300 and hits the low point below 3275 again, then the next step for gold is very likely to touch the high point of 3160-50 where the trade war started. On the contrary, if gold can hold 3300, then it is very likely to move like the previous wave, break the range, stand above 3360-70, then gold will continue to return to above 3400. Therefore, the most critical position for the opening of next week is the support position of 3300 below and the suppression position of 3360-70 above. If it breaks, the trend will almost move in that direction.
OANDA:XAUUSDLong
by TP_Daniel5
View on the short-term trend of gold!📌Fundamentals: Gold prices fell sharply. After Trump announced a "breakthrough" trade deal with the UK, market expectations for more similar deals increased, weakening gold's appeal as a safe-haven asset. 📊Technological aspects: Gold quickly fell in the Asian session and then quickly stretched back up. As of now, it has stood above 3320. So the possibility of gold falling again is relatively small. And there is a possibility that gold will further hit Thursday's high of 3360-70. If 3202 to 3435 is regarded as wave a, then 3438 to today's low of 3275 is wave b. So the current rebound from 3275 will go up in wave c. The first suppression position above is 3360-70, the high point of yesterday's rebound. At present, gold has stabilized above 3320, so the next bullish target for gold is to test 3360-70. After the pressure appears, follow the trend and go short.
OANDA:XAUUSDLong
by TP_Daniel5
The buy low and long strategy is coming！From the 4-hour analysis, the support below is around 3308-3300. If it does not break, the main bullish trend will remain unchanged. The upper side pays attention to the short-term suppression of 3360-66. The daily level stabilizes above this position and continues to maintain the low-multiple rhythm. Gold operation strategy: 1. If gold falls back on the 3325-3320 line, go long, and if it falls back on the 3310-3300 line, it will cover long positions. The target is 3355-3360.
OANDA:XAUUSDLong
by TP_Daniel5