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Goldsell

GOLD Analysis 7July2023looking at this analysis with the D1 time frame, the price is right at the strong resistance and the resistance is in direct contact with the trendline. This trendline forms a downtrend channel. I also see a hammer candle which we can interpret as one of the indicators of a rejection and the beginning of a possible reversal/correction. looking at the last 5 candles (last 5 days) that tried to break the resistance and failed, there is a possibility that the price will go down first.
FXOPEN:XAUUSD
by Hokusai_FX
Potential Short Trade Opportunity in XAU/USD - Bearish MoBased on analysis, it appears that a promising opportunity is emerging for a potential short trade in the Gold (XAU/USD) market. The suggested entry range for sellers is between 1949 and 1951. 📉💰 Take-profit targets for this trade are set at 1945.00 and 1940.00, aiming to capture downward momentum in the market. 🎯💥 To manage risk, it is advised to set a stop-loss (SL) level at 1960.00, helping to protect against potential adverse price movements. 🛡️⚠️ Keep in mind that market conditions can change rapidly, so it is essential to remain vigilant and adapt your trading strategy accordingly. As always, exercise your own discretion and adjust the stop-loss and take-profit levels to align with your risk tolerance and trading plan. ⚙️💪 Remember, successful trading relies on careful analysis, risk management, and disciplined execution. Best of luck and happy trading! 📊💼✨ #TradingView #XAUUSD #Gold #ShortTradeOpportunity #TakeProfitTargets #TechnicalAnalysis #MarketAnalysis #RiskManagement #TradingStrategy
FX:XAUUSD
by POUSHEINI
Gold this week, bearish Dow setup!Additionally, concerns about a potential U.S. debt default further affected the market. The rise in interest rates negatively impacts non-yielding assets such as gold, as it increases the opportunity cost of holding them. The Fed's approach to rate hikes is based on data, and with inflation rising, they may consider further hikes. Economic risks from a possible default are also reduced, giving the central bank more leeway to increase interest rates, indicating a bleak outlook for gold in the short term. Gold is currently experiencing a minor increase in value and is expected to hover around the price range of 1955-1960 before heading back down. The projected target for this week is a decrease in value, with Gold returning to the price zones of 1935-1930 and 1925.
OANDA:XAUUSDShort
by DNA_TradingFX
10
Gold is now bearish and lower support is looking towards 1950 Gold bulls are fighting hard, the 1980 bulls are fighting for white, is there a V-shaped reversal Now gold is still a bearish trend, but it is supported by the early stage, adjusted and oscillated, the pressure above is the 1985 position, under this position gold is mainly high! The support below focuses on 1950, and the short-term market may maintain the 1950-1985 range, and the range of volatility will gradually narrow until the next change! But the idea of high altitude remains unchanged, unless the market breaks through 1985 strongly! Specific policies sell@1980 tp:1960 Some wealth is planned, rather than always thinking about windfalls. Follow me, follow the right people, and work hard to reap the profits that belong to you.
FX:XAUUSDShort
by DolphinDeal
1
Gold: the possibility of an extension of the declineGold closed lower in the negative line yesterday, above the test neckline resistance position 1984 but failed to break through, the end of the session under pressure to fall back to close under 1960, the daily closing in the negative K line, back to the low oscillation contention. From a daily perspective, the negative line will be the previous day's cross small positive K-line pattern of the rebound space all back and recovered the low, the daily line still shows weakness, while yesterday stressed the 1984-86 resistance position up after the failure to effectively break through, the short term rebound is not strong enough to return to the downward trend. Technical: 1, engulfing the negative, the price continues to return to the line of the previous lows, which means the probability of breaking the bottom is high. 2, but today there is a point, 1955-50 this position is today a very critical position, from the k-line pattern, the current h1 hourly line to form a triple bottom area. But again from the momentum to see the strength of the decline is very strong, the market sentiment of weakness has now become a fact. So this location of the interval is recommended not to do any trading, this location of the transaction is very high risk, especially in the Asian market and the European market, up or down probability of 50% each. The point to note is: must be active in the market, and then look for k-line patterns as well as retracement of the position to trade. Also look at yesterday's technical points: 1, the highest daily closing, T-shaped, looks very strong, but the overall trend is weak, in this trend, must take advantage of the European strength and weakness, the European market does not break high, the U.S. market down probability is very high, the skills of this method is generally have coherent learning. 2, and yesterday at the end of the European market, the front of the U.S. market time point up, then the U.S. market must be a high fall (first up, then down). 3, the watershed pre-high, the formation of a double top suppression retracement, and the establishment of the point of decline in the broken intra-day low of 1966, the law of the watershed, that is, the rise does not break the top (rise can not effectively break through the previous resistance position), the high fall back to break the bottom (after the rise began to fall, and break the previous low position), then it is necessary to take the continuation. And the U.S. continuous decline, engulfing the negative, and closed without a reversal, then today's continuation of yesterday's decline is more likely. But then there is a point that needs to be noted: Often Thursday, Friday's time is prone to black swans, so at this point in time we need to be wary of the market first to a substantial decline, and then in a substantial rise, out of the V-shaped k-line pattern. A few points to note today: 1, the upper resistance position 1966 is the current position of the lifeline. 2, the current bottom of the triple bottom is still not broken. 3, pay attention to whether today can accumulate force to fall below the 1953-1950 lows to further open the downside, from the daily and 4-hour probe high to close the low method of action, the short-term potential to break the low signs. Then the key position today: Resistance position: 1966-1971 Support position: 1945-1933
FOREXCOM:XAUUSDShort
by MRKKYI
5/11 Gold Trading Signals: Bears Friends, have a nice day, hope everyone can make a lot of money! In the gold 4h chart, the form is favorable for short positions, so in today's and tomorrow's transactions, try to focus on shorting at high positions, which can increase the probability of everyone's profit! Focus on resistance 2026-2032, support near 2016, and after falling below, the target is near 2003. I hope my suggestions can bring you some help and let you make money!
FOREXCOM:XAUUSDShort
by EagleEyeStrategy