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Gold holding Downtrend, could it reach 1750?It may be lot of red and green candle going on and on. But if we focus and take a closer look it's actually doing something beautiful which we can make a lot of profits. Let's take a look. 1. Holding Downtrend since April. 2. Can't break Downtrend line. 3. 1885 - 1905 is a crucial zone to hold, if it breaks there is a nothing hold till 1750 area. Which means on 1W TF Gold will still be bullish. 4. Breaking downtrend line in 1W TF will be huge confirmation to go up maybe even higher than before. 5. On the other side closing candle below 1885 in 1W TF we might see 1750.
OANDA:XAUUSD
by terayu
analis gold sell now tp 1900work in hose, sell now analis gold tp 1900, SkyBridge Capital founder Anthony Scaramucci is still bullish on bitcoin even as it trades far below the highs reached in the last big bull run in 2021. Speaking Wednesday at the Messari Mainnet conference in New York, the former White House communications chief said the worst of the bear market is over, bitcoin is better and more valuable than gold, and that Wall Street's adoption of bitcoin will usher in mainstream popularity. "If you got your bitcoin, I wouldn't sell your bitcoin, you made it through winter," Scaramucci said in a fireside chat titled, "Why I'm still bullish." He pointed to the crowd and specifically acknowledged the many young attendees in the audience.
OANDA:XAUUSDShort
by Adpokatrading
GOLD Where Next ?hey Traders , As i predicted last time gold went down from the trendline , unfortunately there was some manipulation before the news which stopped out a lot of traders. gold is still bearish technically I believe we are going to see gold on 1906-1910 again , you should be looking for shorting opportunities , remember the trend is your friend . the confirmation will be the break out of this zone. and fundamentally speaking gold is bearish dollar is still strong. the weekly candle closed as a inversed hammer too. this is just a prediction keep in mind this the last week of Q3 The markets are going to be very crazy anything can happen trade safe .
OANDA:XAUUSDShort
by xAB777
Gold Post FOMC Update Witness the astonishing power of Gold as it defies all odds! 🌟 After a jaw-dropping surge in the wake of the FOMC, hitting a resilient resistance zone at 1983, things took a wild turn. The FED's interest rate hike left many traders trapped in sell positions, leading to an insane and horrifying market situation. But guess what? We were ready! 💪 Armed with keen foresight, we stood tall in the sell zone, anticipating the inevitable drop. Our signal proved to be spot-on as Gold gracefully tumbled from 1983, and we seized the moment, booking stellar profits near 1948! 📈🤑 Now, the price retraces to 1955, testing the waters around a crucial trendline support, which, alas, succumbed to the pressure and transformed into a formidable resistance overnight. The bearish bias on higher timeframes strengthens our resolve to make the most of this golden opportunity. As we embark on this thrilling journey, our sights are set on the next targets: 1942 and 1925! 🎯🎯 The path ahead may be challenging, but we embrace it with unwavering confidence and a strategic approach. Join us as we navigate the twists and turns of the market and unlock the untold potential of Gold! 🌌💰"
FOREXCOM:XAUUSDShort
by Saibi_FX
Today's Gold Bearish Final Target: 1916 and 1903Yesterday, we saw that XAUUSD went up a lot until 1947. After that, the market has come down in FOMC News and is constantly coming down.  So far, the xauusd has broken much support. So far, if we see, the market can go up a little because, at present, the market has been running since 1924.  The rest of our goals have been completed; now our targets are 1916 and 1903.  As we mentioned in our last two or three analyses, the market target is 1903, so let's see that the final market is moving towards our target. If you like our analysis, then you can boost our posts. You can leave a comment in the comment section. Good luck and best wishes to everyone.
OANDA:XAUUSDShort
by MsProTrading
4
Potential Gold (XAU/USD) Bat; Is gold going down?Soooooo, you know when there's one person in the room that says something crazy.....well I'm possibly about to become that person. My previous post about the long short on the USD/JPY still shows that there is still a little bit of way for the USD to climb before the drop. So, this took me to the gold chart, and here's where we are at present. I have had this bat drawn for around 10 days, and really didn't believe that it would play out, but so far it is. This is IMPORTANT bit....this bat could easily break if closes above point C, it could also really break if it doesn't drop down to point D. To get down to point D we need the DXY to rise....and to get to that point we will need the FED to announce a rate rise. Now I'm fully aware that Wall Street is 60/40 that there will be a halt in rate rises, sending the dollar down, but, and it is a but, this chart is a possibility. If there is a rate hike then the chances are that we are heading to point D at 1866, then put your fib on the CD point and 50% is the TP1, point C is TP2. I'm not saying that any of this will definitely happen, and don't shoot the loony in the room, but it's a possibility that is on the table. Don't forget, the FED won't be worried about throwing the little guy in the street under a bus. Their job is to look after the economy.
TVC:GOLDShort
by Elite_Trading_Signals
THE KOG REPORT:KOG REPORT: In last weeks KOG Report, we said the ideal trade for the week would be to capture that long trade at the beginning of the week to then assess the price action, and short the market back down. For the early session we didn’t get the 1910-12 support level but managed 1916 up into the order region where we then shorted the market as illustrated down into the levels identified. For CPI, we updated our traders with the Excalibur hot spots for the long trade back up, which we would now say has also been fulfilled. So, what can we expect in the week ahead? We have FOMC this week so we’re very likely to experience choppy price action together with ranging for the first half of the week. For that reason, please be careful if we do range, don’t get trapped mid-range and try to control your lot sizes while the market accumulated orders. We have a range in mind 1915-13 support with 1930-35 order region resistance. We will be looking at these levels to either long the market, or to short the market pre-event! By Tuesday, ideally, we don’t want to be in an Gold trades in preparation for FOMC, for which we will we publish our usual report with what to look for. We’re going to keep the KOG Report short this week as we’ll go in more detail for FOMC, and of course we will update traders daily with the key levels and KOG’s trusted Bias for the week. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
14
XAUUSD EXPECTATION! SHORT!Hello Traders, here we are again with new analysis on GOLD, What we see here, is quite clear, so as always we have some expectation from price, so if they follow our expectation we take decision, We have strong supply zone around 1926, which price had extreme drop, however, it cannot be only confirmation as we are coming from 1918.50, which is strong resistance for the price, so I expect for the price to see 1926 for one more time to collect orders, the we continue short, So as always stay with me, I will let you know where to enter exactly to don't miss this opportunity, For now we going wait for the price to reach our determined level, then we will see if we can enter or no! Remember there is huge risk in this market, so always respect to your risk management Any question comment me bellow! @FxShzd team
OANDA:XAUUSD
by FxShzd
Short gold 15-16, finally try short position For gold, yesterday's U.S. market was stimulated by the news and quickly fell back to around 1901 and then stopped pulling back. When the big positive line was rising, the long and short did not reveal much trend. In the continuous falling market, The support below 1900 first took hold, and this position will also be our key breakthrough point in the later period. If the support at this position effectively generates a rebound, a bullish reversal is likely to form in the short term, and the key suppression opening above It remains near 1915. This position is also a key suppression area. With the suppression of the short-term moving average during the day, it is likely to form an effective breakthrough again. At present, when gold bulls are counterattacking, they do not give a strong signal. We can still continue to try to go short and wait, and once it breaks through around 1920, we still need to adjust the trend in time. Otherwise, it is likely to be a second washout by the short sellers, and gold will first hit 1915-1915 in the short term. Shorting near 1916, target around 1905-1900, loss 1921.5 golden signal xauusd:sell1915-1916 tp1905-1900 sl1921.5 If you need help during the transaction, please contact, ↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓ ↓↓↓↓ ↓↓↓↓↓↓↓
FX:XAUUSDShort
by Richard-Wagner