GOLD:Trading strategy
Gold today is the same as I expected, breaking through the range and rising to 1935
But the rise is due to the stimulus of the news, so now you can try to short sell around 1935
Short-term fast trading
Gold:sell1935-1940 TP:1931-1927
As long as the decline does not break through the previous low, then it is still an upward trend, so if you sell short, you must strictly set a stop loss or close the transaction when you have a profit.
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Goldsell
GOLD SHORT!!Hey Traders,
What we see again is clear and obvious, so price having change of character from uptrend to down-trend, so for now we expect price to react and get away from the zone we determined...
It is exactly update for entering again to GOLD, however we have news coming in couple of hour, so ave your risk management,
Any question comment bellow!
Thank you!
@FxShzd team
Gold 19-20 short; The oscillation correction moves down
Gold, yesterday's big white line rose during the day, as of the afternoon the highest touched around 22, but this action we still can not completely think of as a reversal of bulls, after all, in the field of long and short, the first condition for judging whether it is a reversal is not a single day of yin or yang, are continuous and breakthrough effects, and the current gold European market falls, then the probability of the U.S. market continuing to strengthen is not large, after all, continue to retrace to the position below 20, then this position is also an important pressure outlet position in the evening, And the key support below will also be maintained at the integer off the 1900 line position, this range may have a certain time point on the oscillation, and the evening trend is also more critical, if strong, then continue to follow the later right, on the contrary, the later period is still reviewed in the falling channel, then the evening gold such as the counter-draw around 19-20 continue to short, the target is around 05-00, stop loss 26.5, as follows after breaking 10 can consider continuing to hold, and the weekly system continues to be under pressure, then the short-term point or try to bearish
GOLD XAUUSD Trade IdeaGold has reached a significant resistance level on the 4-hour time frame. We're observing a potential selling opportunity, considering the chance that it might retrace from this point through an imbalance evident on the 4H chart. It's important to note that this should not be interpreted as financial advice. It's crucial to effectively manage your risk in any trading decision.
Gold 99-00 short; range shock short
Gold rose steadily during the day. Before the US market, the highest reached around 04 and then began to retreat, and the lowest fell again to around 89 to stop. The short-term retracement is also a continuation of the previous downward channel, which is also very reasonable. The retracement rate is slightly higher, but overall, the probability of a large retracement is not high. After all, the bottom has formed a three-bottom pattern, so this position can only be paralyzed in a large area after the position continues to break, and the current 90 line is broken. The probability is actually not high, and it is very likely that a puncture effect will be formed, and the upper pressure port is maintained at the 05 line, and the daily line begins to draw back, creating a breakthrough momentum. Shock is inevitable, but before an effective breakthrough is formed above, we still easily define it as a reversal of the bulls. At present, we can only operate tentatively, but the pressure on the top still exists, and it is recommended to try to short Mainly, if gold reverses in the short term, short around 99-00, don't look around 88-83, stop loss 05.5
XAUUSD 1H timeframe sellsWith the higher timeframes all being bearish, it would make most sense to be looking for sells, especially on the lower timeframes as we do not want to be fighting the trend unless we look on a smaller timeframe.
Should we see price close below our key area of support at 1881.9 then I will look for a retest of this level where we can take a sell-limit and aim for a full TP of 1873. This does not mean we won't take partial profits and move stop loss to break even at 10+ pips as risk management is key!
For buys I would need to see structure form on the lower timeframe, but right now with us being stuck in a range on higher timeframes it would be risky unless we aimed to trade within the range however something like this could take hours to play out.
Gold 93-94 short, short-term still needs to be short
We can never predict what will happen at the crossroads of fate, but we can choose whether to give up at this point, or move forward reluctantly and rush to the end of our dreams. Even if there are no medals for victory, dignity and pride will walk with us all the way. On the runway to success, there is only a difference between speed and speed, and there is no winner or loser. Only by defeating oneself is the strong man of destiny!
Gold, ending this week with five consecutive negative trends, formed a pattern of negative declines, basically at a perfect rhythm point, and continued to fall after the withdrawal, and this kind of trend requires more patience, and last week The integer level 1900 line has already broken, so this position is also an important long-short reference point position for us in the later stage. In terms of the previous performance, the probability of continuing to break the position is not good, and the current support below will also move down to around 70. The downward channel on the hourly line is flawless, the pattern of the daily line is weak, and a pattern of pressure has been formed, so gold will continue to be bearish on gold in the near future, and this kind of slow decline pattern, the acceleration in the later stage will definitely exist, and only the short energy will be released in an accelerated manner After that, there will be opportunities for bulls to reverse and reverse. At present, we are still operating around the idea of shorts. Next Monday, if gold is reversed first, it will continue to be short around 93-94. The target is around 82-75. Loss 00.5, if the European market is relatively strong, the position will be adjusted and out before the US market
GOLD 1H 291pipOANDA:XAUUSD
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XAUUSD mid risk
EP1=1927
SL=1934.30
TP=1898
R/R=1,4
is not financial advice
Gold 03-02 is long, it is expected to bottom out.
Gold, formed a small sideways pattern after the opening of the market yesterday, and there was not much movement in the European market. However, the first wave of declines was ushered in before the US market, but the magnitude was not large, and the US market broke down for the second time. The lowest hit After reaching around 02, it starts to reverse, so this action also indirectly shows that a certain support is expected to be formed below the short-term. After all, the first-line position of the integer level 1900 is also the previous regional support position, and this position is likely to usher in again. The role of upward repair, while the current upper pressure is maintained at the 20-line, and the lower support is maintained at around 1900. In view of yesterday's bottoming out of the U.S. market, there have been certain changes in the operation within the day. If the retracement is below 05, we can try to go long and wait to see if the bottom can be successfully built. On the contrary, if we first reverse the draw and see below the pressure of 20, we can still selectively short again and wait to see the follow-up development, such as long-term If we stand firmly above 20, we need to readjust the overall situation. If we withdraw first and go long within the day, and if we withdraw first, we can continue to short. Go short around 19-20, and the target is around 08-03
Gold D Sell Idea 7/29/23Gold D has formed a M. Friday was the retest of the neckline for that M. There has also been a bearish break and retest of a W trendline on the daily.
The 4H has hit 50% of the FVG (fair value gap) that was created and started to drop. The W trendline has not been closed above on the 4H time frame.
The 1H has created an evening star at the 4H FVG, also having a bearish break and retest on the W trendline.
Looking for price to continue bearish possible to the D Zone created 7/6/23 around 1911.00. At the least price should fall to Fridays low around 1945.53, a good 137+ pips from where price closed on Friday.
Gold 24-25 is short, and the interval is broken and short.
Gold, once again rose and fell back yesterday. Stimulated by the news in the U.S. market, it quickly rose above 30 and then began to fall. Fortunately, this upward move was only a short-term short-term wash. Continuity, then gold is still in a short position at present, the daily moving average system is under pressure, and the long upper lead formed by the rise and fall can also promote the development of short positions in the later stage, and the current support below gold will be Continue to maintain around 05-00, this range is also the position of the top-bottom transition in the later period, but with the continuity of the short position, the current operation is also a bit simple, although sometimes there will be sudden washing, but the overall general direction Still unchanged, and from the performance of the European market yesterday, we can also see that in the case of the previous day's breaking low, the European market has been slow to move, but has the intention of a reverse breakthrough, so before the US market, we still need to Adjust the short-selling point, which has been emphasized more than once, and it is currently maintained at the 25th line of the anti-drawing point in the US market. In this short-term, if it touches the position below this position, it can still be short-selling, and the short-term gold anti-pumping point will see 24-25 Nearby short, the target is around 15-10.
XAUUSD Gold buys and sells on the 1h timeframebased on the levels after news we can safely look at 2 key levels where price can go either way. I do not marry a bias, I am very much here to scalp so for that reason I'm fluid with direction.
We have had 1 win already today which was posted 2 hours ago, a second one to close the week off would be great from here.
Gold short-term is still shortwww.tradingview.com
Gold, the bears made another effort yesterday and broke through the previous support line 20. This action also fully demonstrated the short-term short-term downward demand. The daily line continued to close at the negative line, and the moving average system was suppressed. This is a relatively obvious short-selling signal. Then in the short term, we still need to maintain a short-term thinking to operate, and the first target below is maintained around 1905-1900. Once it reaches this range, there is likely to be a wave of small corrections. But the strength should not be strong, and the current pressure on gold is to maintain the top-to-bottom conversion position. At the same time, yesterday's anti-drawing high around 1927 can also be used as a key reference position for the day. The range of retracement should not be very large, because if the range is too large, it is likely to lose the motivation to continue to fall. In the short term, we still wait for the shorts to retrace and continue to short sell:1922-1924 TP:1910-1905
XAUUSD Gold 1 hour breakdownWe are back into the range we were stuck in last thursday, based on this I would be cautious on taking any trades untill we get a rejection at the support or a close below the support so that price can continue down.
until we see price make a decisive move, I'd be wary of taking trades in this range as it can get messy.
GOLD 30min FOREXCOM:XAUUSD
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XAUUSD
low risk,
30min,
EP1=1945.6
SL=1955
TP=1930
R/R=1,1.66
EP2=1948.7
SL=1955
TP=1930
R/R=1,3
is not financial advice
XAUUSD Gold monthly breakdownDespite gold closing bullish for the month of July, Price action indicates bears are still in control and there are opportunities for swing-sells
The reason for this is due to the fact that the 1970-1990 levels were rejected in the month, showing strong resistance is still intact and we can anticipate the support created at the 1900 level to be broken for a continuation down to 1825.
XAUUSD Weekly analysisI've tried to make this as clear as possible, but we can see in the past when Gold has moved above 2000, it returns to the 1900 level where it rejects, before retesting the 1980-2000 range and then moving down towards the 1900 level and even lower.
This is a key market structure and pattern we have seen play out with Gold, which is a very technical pair. When it comes to swing trading/scalping being able to zoom out and take a look at the bigger picture helps to give a greater understanding of the bias to allow trades maximum room to push.
XAUUSD:Chasing high has no advantage
Yesterday, I analyzed that gold will fluctuate and rise, gold buy1972 tp1980-1985, and finally reached the target point of our attention near 1984. This position is an important suppression level in the early stage. With strong pressure, today's hourly line closes below this position, which will bring a certain callback.
Since looking at the bottom in 1920, it has been bullish until around 1984. The overall rise has eaten up most of it. I will not be blindly bullish in the future. I will wait patiently for the daily level to fluctuate at a high level before making further plans. Many people will definitely say that this is the time It's not easy. It's bullish with the trend. It's true that the trend is so, but under the strong weekly line of 4 consecutive positives, there is no advantage in chasing higher.
gold sell 1984-1989 tp 1980-1975
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XAUUSD GOLD Sell Trade IdeaXAUUSD - GOLD - Market Analysis
Smart-money concepts / Institutional trading strategy
Thursday price started to slow down after creating new highs earlier in the week.
Following structure from the 4H down to the daily, we can see very clear breaks of structure towards the down-side.
Entry is based on 4 of my confirmations including Risk:Reward over 1:5.
Could take gold lower but will be waiting for further price action when market opens.