Get started

Goldminers

Thursday: Gold continues bearish trendGold continues to fluctuate and adjust within a wide range. Technically, the gold price still maintained the 2016/46-week range operation, with repeated adjustments. The MA10/7 daily moving average moves downward and opens downward, and the RSI indicator still maintains the central axis adjustment. The price in the short-period four-hour chart is running in the middle and lower tracks of the Bollinger Bands, forming a weak shock to suppress the bearish movement of the 2040 central axis. For intraday trading today, we continue to follow the shock idea and participate in high altitude, low and long. In a volatile market in a downward trend, a big slump can come at any time, so shorting on rallies is the best option. Big shorts have been basically confirmed, but the short-term decline is more difficult. Currently, longs and shorts are facing key support, and differences have intensified, making the game relatively fierce. The shock is only short-term, but the general direction of shorts will not change, and after the shock, there will definitely be a wave of decline. The overall operation idea during the day is mainly high-altitude, and the planned short-selling point above is at the 2040 line! Gold is now in a short trend. The 4-hour mid-track has been able to suppress the rise of gold prices many times. Every rise can be blocked, and our short orders can also be harvested. The trend has not changed and following the trend is still my strategy. Empty near 2040 pressure.
OANDA:XAUUSDShort
by Short-termTaurus
XAUUSD:8/1 gold market analysisGold technical chart daily pressure is 2053, with support below 2040-2000 Four-hour pressure 2053-2063, support below 2000 One-hour pressure 2044-2053, support below 2024 Operational suggestions: Gold NFP first fell and then rose on Friday. After breaking through the 2030 line, it began a substantial counterattack, and after touching the early decline point near 2063, it began to fall back. There was a large-scale sweep of long and short markets. Today, we will continue to pay attention to the 2040 dividing line at the hourly level. The price will continue to go long above the long-short dividing line and go short below!https://www.tradingview.com/x/a2OrCW1c/ You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
OANDA:XAUUSD
by ActuaryJ
Tuesday: Gold trend analysis, focusing on 2020~2040Gold fluctuates widely and there is no unilateral long and short wash. Today's trading also needs to enlarge the amplitude range. The trading idea still remains high and low. The daily chart closes negative and suppresses 45/52 below the MA10/7 daily moving average. The short-cycle hour chart and four-hour chart The reference is of little significance. There are very few technical market components. For short-term charts, you can only look at the Bollinger Bands channel. The middle rail is suppressed by the 2042 line, the lower rail is by the 2020 line, and the upper rail by the 2052 line coincides with the MA10 daily moving average. The unilateral downward trend of gold means that it is short when it rises. Although the price of gold rebounded by 15 US dollars in the evening, it still cannot change the unilateral downward trend. Today, it continues to be short under the pressure of 2040. As can be seen from the hourly chart, the price of gold continues to decline, and rebounded strongly yesterday, but it is still subject to the 2040 pressure level, so it continues to be short today. It used to run above 2040, but now it has been running below the 2040 pressure level. Before there is an effective breakthrough of 2040, the short position will be carried out to the end. The market is changing, and you can definitely use the same methods to win the changing market. Pay attention to the 2019-2022 support below Focus on 2040 resistance above
OANDA:XAUUSDShort
by Short-termTaurus
XAUUSD: 2/1 Today Analysis and StrategyGold technical chart daily line upper pressure 2088 and lower support 2053-2040 In four hours, the upper pressure is 2069-2088 and the lower support is 2066. One hour upper pressure 2073-2080 lower support 2066 Operation suggestions: Gold is currently consolidating in a range. As shown in the figure above, go long above 2069 and short below 2066. Long order: long near 2069 Long order: long around 2040 Short order: short around 2065 You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
OANDA:XAUUSD
by ActuaryJ
Wednesday: Operation between 2055~2075Gold adjusted and closed again with a small negative structure, and the U.S. index continued to rise. Gold and silver rebounded high. Gold fluctuated widely yesterday and rose sharply during the day. The European and American markets formed a surge and fell back to adjust downward and penetrated 2060 in late trading and fell to a low near 2055. The daily line closed continuously negative and tested the MA10 daily moving average support close to the 53 line. The short-cycle four-hour chart and hour The price in the chart is running in the middle and lower rails of the Bollinger Bands. The central axis of the RSI indicator is below the 50 value. The moving average system maintains its opening downward. The MA10 is suppressing 2066 on the 10th. The US index continues to rise strongly and maintains a strong closing. The daily line is positive, which has a certain impact on gold and silver. suppress. Gold trading today is mainly selling at high prices, followed by buying at low prices. Yesterday's gold market trend was consistent with my prediction. It fluctuated within the range, with 2075 short and 2070 short respectively. It fell as expected and profited! Now that the market has fallen to the support below, it’s time to start going long! Rely on the support of 2055 to go long in early trading! Looking at gold in 4 hours, the general direction of the shock trend after the rise remains unchanged is the bullish trend! The watershed between long and short is the 2050 position. Only when it truly falls below 2050 will the downtrend begin! Now the market continues to fluctuate within the range of 2055-2075. It is now exactly the 4-hour Bollinger lower track support position, and there is a rebound expectation! Gold relies on the support of 2055 to go long, and the top continues to pay attention to the pressure of 2075! For the time being, sell high and buy low within the range! Complete signal 👇
OANDA:XAUUSD
by Short-termTaurus
Gold focuses on 2062/2050 supportGold fell back after rising yesterday, and fell below the 2070 long-short watershed, and the market turned downward! I started shorting today and sold directly above 2070 in early trading, with a profit of 80pips! The bottom supports the 2050 line! In trend trading, the most important thing is to follow the trend. When the market turns around, you must adjust your thinking immediately! So I always follow trends from beginning to end! Currently, gold has fallen below the moving average support, and the upward trend line has also been broken, which means that the gold trend has changed! The next step is to fall! Gold has been fluctuating all the way up, but the market changed yesterday! There is no rebound after breaking the position, which means that the adjustment will continue! The support below this time is the support position of the 4-hour Bollinger Middle Rail 2050! It is expected that there will be a rebound after this decline to this position! However, we do not rule out that the decline will stop near the previous low of 2060~2062, but I think the probability of falling to around 2050 is higher.
OANDA:XAUUSDShort
by Short-termTaurus
📉⏰ Gold's Major Drop Tomorrow: Get Ready for the Tumble! 💥🚨👀Gold closed today at 2065.265 (-0.57%). We had anticipated this move a few hours before it happened, and we have been calling for this move since the beginning of the week. However, despite our predictions, many bullish investors and those with diamond hands are still not convinced that the bull trend has reversed and that we are now officially in a bear market. Tomorrow's drop in gold price will be huge compared to what we have witnessed today. And if it does not happen tomorrow, we expect it to happen the next trading day after January 01, 2024. Why? The hourly charts are in a dangerous spot Enough of the talking! Let's look at the charts now, because prices and charts are trustworthy. The gold 1-hour chart indicates that the trend has shifted to the bearish side. Let's look at the gold miners - NUGT (GOLD MINERS BULL INDEX X2) 3 DAILY CHARTS: We can see that there is double top formation on the RSI. GDX 3 DAILY CHART: We can see a double top formation on the RSI as well. XAUUSD 3 DAILY CHART: We can see a double top formation on the RSI as well. Based on the 3 daily charts, the first target is $1982.
OANDA:XAUUSDShort
by blacklegend55
XAUUSD: 22/12 Asian Market AnalysisNow that gold has broken through a new high, a new band of rise has begun! Next hit the 2060 pressure! From the hourly chart, gold has an obvious upward trend. This week's shock is a normal adjustment in the upward process. The adjustment is to accumulate strength for another rise. The end of the adjustment means that a new band of rise has begun! The new band target is at least the 2060 line, or even a record high! Gold is still going long now, and you can enter the market directly near the Asian plate 2045! The adjusted rise generally does not give too many opportunities to get on board. If there is a small correction, just BUY!
OANDA:XAUUSD
by ActuaryJ
1
XAUUSD:21/12 Today’s Market AnalysisGold technical chart daily pressure 2040-2072 below support 2000 Four-hour upper pressure 2042-2066 and lower support 2015-2000 One hour upper pressure 2040 and lower support 2037-2030 Operation suggestions: BUY: around 2030, target around 2040-2066 BUY: Near 2042, target 2030-2060 (range) SELL: Near 2042, target 2030-2020 SELL: Near 2066, target 2040-2030 You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
OANDA:XAUUSD
by ActuaryJ
Gold continues to sell tonight! Suitable sell price around 2027!The gold gives the central sun cross on the axis The reversal of the bear trend is almost complete Although the completion of the cycle is somewhat earlier than expected But that decline took just seven trading days It is acceptable to complete the adjustment in two trading days if the shade is completed last Friday, which may be more favorable for the short-term peak, but the probability of a peak is very high! Last week, Ling city gave the bottom of the general trend of the decline in the case of today's trading or choose to rebound short as the main line! European trading signals: 2027 sold! tp:2009!
OANDA:XAUUSDShort
by the_Hand_of_God
Gold price edges lower amid modest USD uptickGold price (XAU/USD) struggles to capitalize on the previous day's positive move and trades with a mild negative bias heading into the European session on Tuesday. A slew of influential Federal Reserve (Fed) officials recently tried to push back against market bets for early interest rate cuts in 2024. This, along with the post-Bank of Japan (BoJ) selling around the Japanese Yen (JPY), lends some support to the US Dollar (USD) and exerts some pressure on the non-yielding yellow metal. Apart from this, the prevailing risk-on sentiment across the global equity markets is seen as another factor undermining the safe-haven Gold price. That said, geopolitics remains the biggest risk for the markets. Furthermore, worries about a deeper global economic downturn, particularly in China and the Eurozone, might continue to act as a tailwind for the XAU/USD. Traders might also refrain from placing aggressive bets ahead of a key US inflation reading, due on Friday.
TVC:GOLDShort
by D-Venn
Market Guide Latest Trading Plan in the last buy order. Traders who followed made big profits. This is cause for celebration. The gold market currently remains at the 2043-2044 level. Prior to this our buy order was closed at this location. The profits are very considerable. At present, the pressure from above still exists. There is no dominant news today, so at this position, I think we can mainly sell gold in the short term. 2043-2047sell tp:2033 sl:2053 For newbies. It is often more reasonable to follow a good trading signal than to trade randomly on your own. If you are still new. Or being unable to close the deal on your own. You can refer to my trading ideas. Hope it helps you.
TVC:GOLDShort
by market_guide
#GOLD #GoldUpdate Following yesterday's FOMC news, we witnessed a remarkable surge in gold, signaling a potential ongoing upward trajectory. The specific timeline for this rise remains uncertain. Our analysis involves a simultaneous examination of gold on the chart. According to our assessment, gold has exhibited an impulse and could sustain its ascent through the (1.2.3.4.5) waves. We've identified what appears to be a bullish flag at the conclusion of wave 3. However, exercise caution in your trades, as gold may surge further before undergoing a correction in the form of (ABC) or possibly correcting at this juncture. Feel free to trade with us and access our concurrent analysis in our VIP group, offered at no cost.
OANDA:XAUUSD
by oraclpips
AUMN - Time For Another Big Risk/Reward Play?I've certainly been wrong on AMEX:AUMN in the past, BUT I have always had proper stops in place to protect from the possibility of waterfall losses. I personally believe it's time to try again. Gold & Silver appear to be breaking out and the setup is (once again) in play for AUMN. Below the teal support box is when to exit the trade . That's when you know you're wrong. Other than that, we have clear resistance areas above and, ultimately, are still hopeful for the long-term target.
ALong
by jstrasburger
$GDX Bull Flag Poised to Break OutThe AMEX:GDX , a notable gold miners ETF, is currently displaying a Bull Flag formation, indicating a potential breakout on the horizon. My perspective remains that we are on the cusp of a significant breakout, one that could not only impact the gold market substantially but also trigger an even larger movement in mining stocks. Admittedly, I've held this view for some time, akin to the old saying that "a watched pot never boils," suggesting that sometimes anticipation can make the wait feel longer. By mentioning this, I might be tempting fate with the market, yet I believe that this breakout could occur unexpectedly, perhaps when it's least anticipated by most investors.
AMEX:GDXLong
by AlgoTradeAlert
🐬 New trend of GOLDEllie wants to send you some small analysis, hope you will like it. Thanks for reading ♥ If we get to the beginning of Europe, PLAN EUROPE, Gold may react at the resistance zone 1,995 - 97, but if we can maintain the zone 1,990 - 92 to 1,987 - 85, the opportunity to Buy still remains with the same targets. Only if during the middle of the European session Gold cannot surpass the 2,000 - 02 range, then we will sell earlier with a target price of 5 - 7. The price is 1,991.30 Please trade carefully, don't turn it into a game but turn it into an investment opportunity ♥♥♥
OANDA:XAUUSDShort
by Ellie-Queen
Harmony Gold Mining shares jump on strong Q1 resultsJOHANNESBURG - Harmony Gold Mining Company Limited (NYSE: HMY) shares climbed 9% to $4.87 in premarket trading Today, following the announcement of a robust fiscal first quarter performance. The South African gold miner reported a significant increase in gold production and a reduction in costs, leading to a notable 31% rise in the company's stock since the start of the year. In the July-September quarter, Harmony Gold saw its gold production escalate by 17%, with nearly all operations contributing to this growth. Notably, South African underground mines exhibited an 18% improvement in grade, alongside a strong output from the Hidden Valley mine. These advancements have propelled the company's revenue up by a third, reaching ZAR14.8 million ($793 million). Efficiency measures have also played a key role in Harmony's financial uplift. The miner successfully brought down its costs through the utilization of lower-cost surface treatment production methods and by leveraging higher silver and uranium by-product credits. Looking ahead, Harmony Gold remains confident in its operational targets, reiterating its full-year gold production forecast of between 1.38 and 1.48 million ounces. Furthermore, the company aims to maintain its All-in Sustaining Costs (AISC) below ZAR975,000 per kilogram. Investors have responded positively to these developments, signaling confidence in Harmony's strategic direction and its ability to maintain momentum in a challenging market environment. The company's focus on increasing efficiency while boosting production levels appears to be paying dividends as it navigates the volatile gold market. Technical Analysis Price Momentum HMY is trading in the middle of its 52-week range and above its 200-day simple moving average. What does this mean? Investors are still evaluating the share price, but the stock still appears to have some upward momentum. This is a positive sign for the stock's future value.
NYSE:HMYLong
by DEXWireNews