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Goldtechnicalanalysis

Step-By-Step Guide to Building a Winning Gold Trading Strategy In the today's article, I will teach you how to create your first profitable gold trading strategy from scratch. Step 1: Choose the type of analysis The type of analysis defines your view on the market. With technical analysis you rely on patterns, statistical data, technical indicators, etc. for making trading decisions. Fundamental analysis focuses on factors that drive the prices of gold such as micro and macroeconomics, news and geopolitics. A combination of technical and fundamental analysis implies the application of both methods. For the sake of the example, we will choose pure technical approach. Step 2: Specify the area of analysis Technical and fundamental analysis are complex and multilayered subjects. That is why it is crucially important to choose the exact concepts and techniques that you will apply in gold trading. For example, with a technical analysis, you can trade harmonic patterns, or apply a combination of key levels and technical indicators. With fundamental analysis, you can build your trading strategy around trading the economic calendar or important news releases. Here we will choose support & resistance levels and smart money concepts. Step 3: Select a trading time frame Your trading time frame will define your trading style. Focusing on hourly time frame, for example, you will primarily catch the intraday moves, while a daily time frame analysis will help you to spot the swing moves. You can also apply the combination of several time frames. We will choose the combination of a daily and an hourly time frames. Step 4: Define your trading zones By a trading zone, I mean an area or a level on a price chart from where you will look for trading opportunities. For example, a technical indicator trader may apply moving average as the trading point. For the sake of the example, we will choose support and resistance levels on a daily time frame as our trading areas. Step 5: Choose confirmations Confirmation is your entry reason . It is the set of conditions that indicates a highly probable projected outcome. For an economic calendar traders, the increasing CPI (inflation) figures can be a solid reason to open a long position on Gold. Our confirmation will be a local change of character on an hourly time frame. Step 6: Define your stop loss placement, entry and target selection and desired reward to risk ratio You should know exactly where should be your entry point, where will be your stop loss and where should be the target. We will open a trading position immediately after a confirmed change of character, stop loss will lie below the lows if we buy or above the highs if we sell. Target will be the next daily structure. Minimal reward to risk ration should be 1.5. Step 7: Define Your Lot Size and Risk Per Trade You should have precise rules for the calculation of a lot size for each trade. For our example, we will strictly risk 1% of our trading deposit per trade. Step 8: Set trade management rules When the trade is active, trade management rules define your action: for example, whether you strictly wait for tp or sl, or you apply a trailing stop loss. In our strategy, we will move stop loss to entry 10 minutes ahead of the release of the US news in the economic calendar. Step 9: Back test your strategy Study the historical data and back test at least 50 trading setups that meet your strategy criteria. Make sure that the strategy has a positive win rate. Step 10: Try a trading strategy on a demo account Spend at least a month on demo account and make sure that you obtain positive overall results. If you see consistent profits on a demo account, it is the signal for you that your strategy is ready , and it's time to start trading on a real account. In case of negative results, modify your trading conditions and back test them again, or build a new strategy from scratch. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDEducation
by VasilyTrader
7
7.18 Gold intraday operation strategy, short-term short first stFrom the 4-hour analysis, the short-term support below continues to focus on around 3316-25, the short-term suppression above focuses on the 3340-45 line, and the key pressure above focuses on the 3380 line. The overall support of 3316-3345 range still maintains the main tone of high-altitude and low-multiple cycles. In the middle position, watch more and do less, be cautious in chasing orders, and wait patiently for key points to enter the market.
TVC:GOLDLong
by AIan_Gold
False breakout? Gold reverses sharply after news surgeBecause of the news that Trump hinted at firing Powell, gold surged strongly in the short term and passed to 3377, recovering the recent decline in one fell swoop. We went long on gold near 3323 in advance, and went long on gold near 3340 again after gold retreated, hitting TP: 3345 and 3355 respectively. The two long trades successfully made a profit of 370pips, with a profit of more than $18K. Although gold has risen sharply in the short term and effectively destroyed the downward structure, it is mainly news that drives the market. After Trump denied firing Powell, gold rose fast and fell fast. So we can't chase long gold too much. First, the sustainability of the news-driven market needs to be examined, and second, the certainty of Trump's news is still unreliable. He always denies himself the next day. After the gold price retreated quickly, a long upper shadow appeared in the candlestick chart, indicating that the upper resistance should not be underestimated. Therefore, we should not rush to buy gold. We can still consider shorting gold in the 3355-3365 area. We should first focus on the area around 3340. If gold falls below this area during the retreat, gold will return to the short trend and test the area around 3320 again, or even fall below this area after multiple tests and continue to the 3310-3300 area.
OANDA:XAUUSDShort
by Trading_Steffen
1
Analysis of 7.17 Gold Operation: Buy High and Sell LowYesterday, the trend of gold in the first half was quite regular. The rebound in the Japanese session was under pressure, and the European session continued to fall back to test the 3320 mark. The key here has been repeatedly emphasized yesterday. The gold market in the second half was more exciting. First, the news was released that Trump was ready to draft the dismissal of the Federal Reserve Chairman. Gold directly rose by 50 US dollars and broke through the recent high of 3375. Then he said that he had no intention of dismissing the Federal Reserve Chairman. Gold rushed up and fell back by 40 US dollars. The daily line finally closed with an inverted hammer pattern with a very long upper shadow line. After the end of this pattern, today's market is still bearish. If the market is extremely weak, it will continue to fall below 3358. Pay attention to the attack and defense of the 3320 mark below. If it falls below, it will open the downward space to test the 3300 mark. During the day, we will temporarily set the small range of 3320-3358 to run, sell high and buy low, and retreat to 3325. One low long, defend yesterday's low, look up to 3335, 3342, 3358, and then reverse high.
TVC:GOLDShort
by AIan_Gold
1
7.17 Gold Short-Term Operation Technical Analysis!!!After a strong rise in the 1-hour gold price, it quickly fell back and closed with a long upper shadow line. The gold bulls did not successfully stabilize the market. This market is actually a venting of the news. The gold bulls are not very confident about rising again. The 1-hour gold moving average is still in a dead cross short pattern. So the gold rebound will continue to be short. The 1-hour gold pattern excludes the influence of the upper shadow line stimulated by yesterday's news. In fact, the whole rhythm is still fluctuating and falling. The upper shadow line is not long, and it is probably just a lure to buy more. After the ups and downs of gold last night, it rebounded again to the 3357 line or continued to fall under pressure. So gold will continue to rebound in the early trading and continue to be short at highs under the pressure of 3357.
TVC:GOLDShort
by AIan_Gold
1
Golden Support Holds — Bulls Poised for Another Leg Higher"If gold cannot break through the 3365-3375 area, gold will fall under pressure again, or refresh the recent low of 3341, and continue to the 3335-3325 area." Gold's performance today is completely in line with my expectations. Gold just retreated to a low of around 3320, but soon recovered above 3325, proving that there is strong buying support below. From the current gold structure, the short-term support below is mainly concentrated in the 3320-3310 area. If gold slows down its downward momentum and its volatility converges when it approaches this area, then after the gold bearish sentiment is vented, a large amount of off-site wait-and-see funds will flow into the gold market to form strong buying support, thereby helping gold regain its bullish trend again, thereby starting a retaliatory rebound, or a technical repair rebound. Therefore, for short-term trading, I still insist on trying to go long on gold in the 3330-3320 area, first expecting gold to recover some of its lost ground and return to the 3340-3350 area.
OANDA:XAUUSDLong
by Trading_Steffen
Gold is accelerating downward, pay attention to important supporThe U.S. inflation data for June was released overnight. The actual data showed that U.S. inflation rebounded slightly in June, but it did not exceed expectations. After the data was released, Trump made a speech at Truth A post on Social said that given the low consumer prices, the Fed should lower interest rates. He has been calling for a rate cut for some time, so the market still has some uncertainty about the timing of the Fed's subsequent rate cuts, but the probability is in September. The probability of keeping interest rates unchanged this month is high. The US dollar index is also supported and continues to rebound. Gold fluctuated higher from around 3344 in the morning of the previous trading day. During the European session, it refreshed the intraday high and touched the 3366 line under pressure and maintained repeated narrow consolidation. After the data was released, it first rebounded quickly to the 3360 line and then quickly fell back. After two repetitions, it finally moved downward. In the evening, it fell below the intraday low and once touched around 3320 and then stabilized and rebounded. The daily line closed with a middle shadow. Technically, the continuation of the previous convergence triangle after the break is currently returning to the downward channel again. Pay attention to the pressure of 3342/44 during the day, and pay attention to the support near 3308 below. If it falls below 3308 again, it will return to the downward channel.
TVC:GOLD
by AIan_Gold
1
Don’t hesitate, a massive gold move Is brewingRefer to my previous trading idea. Gold retreated as expected. We almost caught the highest point of the day and shorted gold near 3365, and successfully hit TP: 3346, which enabled us to successfully profit 190pips in short-term trading, with a profit of nearly $10K, which is a good result in short-term trading. Currently, the lowest point of gold in the retracement process has reached around 3335, which has fully released the short energy and vented the bearish sentiment in the market. All the bad news is out, which means good news! Although gold fell from 3375 to 3335, the retracement was as high as $40, but the rising structure has not been completely destroyed. The previous W-shaped double bottom support structure and the resonance effect of the inverted head and shoulder support structure still exist. As long as gold stays above 3325, gold bulls still have the potential to attack. Moreover, after this round of retracement, the bearish sentiment of gold was vented, and the liquidity was greatly increased, attracting more buyers to actively enter the market. Gold may start a retaliatory rebound, and even touch 3375 again or even break through and continue to the 3380-3390 area. So for short-term trading, I think we can try to go long on gold in the 3335-3325 area appropriately, first looking forward to gold regaining lost ground: 3350-3360 area, followed by 3380-3390 area.
OANDA:XAUUSDLong
by Trading_Steffen
7.15 Gold Market Analysis and Operation SuggestionsFrom the 4-hour analysis, the short-term support below focuses on the neckline of the hourly line of last Friday, 3340-45, and focuses on the support of 3325-30. The intraday retracement continues to follow the trend and the main bullish trend remains unchanged. The short-term bullish strong dividing line focuses on the 3325 mark. The daily level stabilizes above this position and continues to follow the trend and bullish rhythm. Before falling below this position, continue to follow the trend and follow the trend. Maintain the main tone of participation. Gold operation strategy: 1. Go long when gold falls back to 3340-45, and add more when it falls back to 3325-30, stop loss 3317, target 3365-70, and continue to hold if it breaks;
TVC:GOLDLong
by AIan_Gold
1
Gold Weekly Analysis | Will $3,360 Break or Hold? [July 14–18]In this video, I break down the recent gold price action and what to expect in the coming week. We’ll review how gold responded to last week’s FOMC minutes, why $3,360 remains a key decision zone, and what upcoming U.S. economic data (CPI, PPI, Retail Sales) could mean for price movement. 👉 If you find this content valuable, don’t forget to Vote, Comment, and Subscribe for weekly market breakdowns. Disclaimer: Based on experience and what I see on the charts, this is my take. It’s not financial advice—always do your research and consult a licensed advisor before trading. #GoldAnalysis, #XAUUSD, #ForexTrading, #GoldForecast, #MarketOutlook, #TechnicalAnalysis, #FundamentalAnalysis, #GoldPrice, #FOMC, #CPIData, #PPIdata, #DollarIndex, #TradingStrategy, #WeeklyOutlook, #GoldTechnicalAnalysis, #TradeSmart, #Darcsherry
EIGHTCAP:XAUUSD
by darcsherry
2
7.11 Gold bulls rise again, beware of the black swan coming on FYesterday, Thursday, the US dollar index rose first and then fell. It once approached the 98 mark before the US market, but then gave up most of the gains. Yesterday, spot gold fluctuated around the 3320-30 US dollar mark. After the US market, it once touched 3310, but finally rebounded to above 3320 for consolidation. Today, Friday, gold broke through the high point of 3330 yesterday in one fell swoop in the early trading. So this is relatively good news for bulls. If the high point of yesterday breaks through and stabilizes, it means that the bullish upward trend may continue today. From the current 4-hour chart: It can be found that the current 4-hour chart of gold has stabilized in the breakthrough range. So if gold continues to go up, simply look at the previous high point. The two recent high points are around 3345 and 3360.
TVC:GOLDLong
by AIan_Gold
1
Golden Trap: Bulls Exhausted, Bears Ready to StrikeToday, the gold market is in a stalemate between long and short positions, with the market fluctuating sideways for a long time and maintaining an overall volatile trend. Although the rebound of gold has won a respite for the bulls, the rebound of gold during the day is not enough to completely reverse the decline. I think that before the 3325-3335 area is stabilized, the bears still have spare power to dominate the market! According to the current structure, although gold rebounded again after touching 3310 during the retracement, it has retreated many times during the rebound. The candle chart is interspersed with obvious negative candle charts, indicating that the rebound strength is weak. In the short term, it is under pressure in the 3330-3340 area, and it is difficult to break through in a short time. So I think the role of the gold rebound may be to trap more buyers, so we try not to chase gold after the rebound. The area near 3310 is not a key support in the short term. 3305-3300 is the current key support area. Once the bears regain control of the situation, gold may test the 3305-3300 area again. Once it falls below the reformed area, it may test 3280 again, or even refresh the recent low to around 3270. So the downward potential of gold is not over yet. We can still look for opportunities to short gold in the 3325-3335 area and look at the target 3305-3295 area.
OANDA:XAUUSDShort
by Trading_Steffen
Gold 4-hour resistance point fluctuates, shorts comeOn Thursday (July 10), the 4-hour resistance point of gold price was formed before the US market. The logic of shorting at the resistance point can be considered. Spot gold maintained a strong trend in the European session, trading around $3,330. Although US President Trump's remarks on imposing a new round of tariffs on many countries triggered safe-haven demand, the FOMC meeting minutes showed differences in the path of interest rate cuts within the year, making gold bulls still cautious. Spot gold continued to retreat after the previous high of $3,499.83, and has been blocked below $3,451.14 recently, forming a relatively obvious box consolidation structure. The current price is running below the middle track of the Bollinger Band at $3,343.69, indicating that the upward momentum of the bulls is weak. Analysts believe that the short-term key support level is at $3,250, which forms a resonance support with the previous low of $3,247.87. If it falls below, it may increase the downside risk.
TVC:GOLDShort
by AIan_Gold
1
GOLD (XAUUSD): Important Decision Ahead As I predicted, Gold went up from a trend line yesterday. The price is now testing another trend line - a falling resistance of a bullish flag pattern. The next reliable bullish signal that you can look for is its bullish breakout and a daily candle close above that. A bullish move is going to follow then. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by VasilyTrader
3
Short gold, the bears will still counterattack after the reboundGold rebounded to the 3305-3315 area as expected, and our gold long position successfully won 360pips profit. So after standing above 3,300 again, will gold resume its bullish trend? I think that although gold has stood above 3300 again, it cannot be confirmed that the decline has been completely reversed for the time being. Relatively speaking, gold bears still have the upper hand. In the short term, gold is under pressure in the 3325-3335 area, so before recovering this area, gold bears still have repeated fluctuations, and may even test the 3305-3295 area again. So we can't blindly chase gold in trading. Before gold recovers the 3325-3335 area, gold can only be regarded as a rebound, not a reversal. So gold bears may counterattack at any time, so in short-term trading, we can consider shorting gold with the 3325-3335 area as resistance after gold rebounds. The first entry area that must be paid attention to is 3320-3330.
OANDA:XAUUSDShort
by Trading_Steffen
Gold's short-term decline is limited and will continue to riseWith the rise of gold in the US market yesterday, the trend line of the downward trend channel has been supported many times in the short cycle. After the rebound, we still need to pay attention to the suppression of 3328-30. This position is the suppression position of the 4-hour downward trend channel. If it breaks, the overall trend will be a rising flag, which may continue the upward trend. Of course, if it continues to not break through the suppression of 3328-30, it may fluctuate within the range. This requires further observation. Intraday short-term suggestions: short-term long mainly, pay attention to the support of short-term long near 3307, stop loss 3297, take profit at 3328-30 suppression, break at 3348-50, pay attention to risks.
TVC:GOLDLong
by AIan_Gold
1
Start buying gold, a rebound may come at any time!Gold is undoubtedly weak at present, and bears have the upper hand. However, since gold touched the 3290-3280 area, gold bears have made more tentative moves, but have never really fallen below the 3290-3280 area, proving that as gold continues to fall, bears have become more cautious. From the perspective of gold structure, multiple technical structural supports are concentrated in the 3285-3275 area, which makes it difficult for gold to fall below this area easily. After gold has failed to fall below this area, gold is expected to build a short-term bottom structure with the help of multiple supports in this area, thereby stimulating bulls to exert their strength and a rebound may come at any time. Therefore, in the short term, I do not advocate chasing short gold; instead, I prefer to try to find the bottom and go long gold in the 3290-3280 area; but we should note that because gold is currently in an obvious short trend, we should appropriately reduce the expectation of gold rebound, so we can appropriately look at the rebound target: 3305-3315 area.
OANDA:XAUUSDLong
by Trading_Steffen
Technical analysis guide for gold in the US market!Technical aspects: The gold daily chart shows an obvious shock consolidation structure, and is currently running between the middle and lower tracks of the Bollinger Bands, with an overall weak trend. Since hitting a high of $3499.83, the market has fallen into a sideways consolidation range, with top resistance concentrated in the $3400-3450 range and bottom support at $3250. The recent price retracement to around 3250 failed to effectively break below, forming an important support level. The MACD indicator crossover continues, the green column is enlarged, the double lines are downward, and the momentum is weak. The RSI indicator runs around 44, and does not show oversold or rebound signals. The price is still in a weak consolidation stage. Analysts believe that if it falls below the 3250 line, it may open up further correction space, and pay attention to the 3170 area support; on the upside, if it can effectively stand above 3400, it is expected to retest the 3450 line high.
TVC:GOLDShort
by AIan_Gold
2
7.9 Gold long and short switches frequently!From the daily chart, the overall gold price is still in a weak position, the moving average is hooked, and the upper pressure is near the moving average 3319. Only if it breaks through and stands firm at this position during the day, can the bulls start to exert their strength. It happens that the MA10 position of H4 is also near 3319. At present, H4 is in a bearish trend, so the bullish pressure is still very large, but it rose in the early morning, and it bottomed out and rebounded. Combined with the recent non-continuation of the long and short trends, there is a high probability of rebounding during the day, so we can go long in the Asian session first, and go long directly at the current price of 3300, add positions to 3295, defend 3286, and look at 3312-19. The focus is still on the strength of the European session. If the European session is strong, continue to go long before the US session retreats; if the European session is weak, the US session will bottom out and rebound!
TVC:GOLDLong
by AIan_Gold
1
The bears will take the 3290-3280 area stronglyGold started to fall from 3342 during the day and fell below 3300 at one point. Gold is in an obvious short position, and during the London market, gold continued its downward momentum without any decent rebound. Gold is in an extremely weak state. In the absence of a rebound in the London market, I think New York is very likely to continue to fall. According to the current structure, gold is facing technical suppression of the head and shoulders in the short term, which greatly limits the rebound space of gold and suppresses the rebound limit within 3335. As the center of gravity of gold moves down, the resistance in the short term moves down to the 3315-3325 area. After breaking through 3330, the downward space has been opened up to a certain extent. So don’t be fooled by the false bullish candle that appear near 3330. Gold will inevitably continue to fall to the 3290-3280 area. The 3290-3280 area is bound to be won, so shorting gold is still the first choice for short-term trading. You can consider shorting gold with the 3315-3325-3335 area as resistance, and look to the target area: 3295-3285-3275.
OANDA:XAUUSDShort
by Trading_Steffen
Gold fluctuates near the resistance point, and the short positioSpot gold rose slightly in the European session on Friday (July 4), currently trading around $3,333/oz, up about 0.37%, and is expected to record a considerable increase of nearly 2% on a weekly basis. Behind this wave of gold price increases is the smooth passage of the massive tax cut and spending bill promoted by US President Trump in Congress, which has caused market concerns about the US fiscal situation. At the same time, the continued weakness of the US dollar index has further helped the rise in gold prices. As a traditional safe-haven asset, gold continues to be supported by bargain hunting. Despite the continued rise in gold prices, physical gold demand in major Asian markets has been sluggish. Due to high prices, consumer purchasing interest has significantly weakened. In India in particular, the reduction in gold imports has led to a narrowing of the market discount. The weak demand in the Asian market is in sharp contrast to the risk aversion in the global financial market, highlighting the complexity of the current gold market. On the whole, fiscal concerns caused by the US tax cut bill, the weakening of the US dollar and the potential impact of Trump's tariff policy are jointly driving the upward trend of gold prices. The attractiveness of gold as a safe-haven asset is increasing, especially against the backdrop of increasing global economic uncertainty. In the future, as tariff policies are gradually implemented and the Federal Reserve's monetary policy becomes clearer, the gold market may have more opportunities to rise. .
TVC:GOLDShort
by AIan_Gold
1