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Falling below 2300, start going long goldGold fell to 2300 as expected and continued its correction to reach a minimum near 2293. Gold shorts have an absolute advantage. We followed the trend and shorted gold today near the 2323 position. Obviously, our short position was eliminated by hitting TP and making a profit. Congratulations on once again achieving good trading results! Gold is currently trading near the 2296 position, and gold once again hit the 2293 position to stop falling and rebound. I believe that after gold fell, many people are trying their best to short gold, and it is not even ruled out that many people are chasing short gold below 2300. In fact, in my opinion, I personally do not recommend continuing to chase short gold. On the contrary, we should consider gradually going long gold below 2300. Although gold is extremely weak after its sharp decline, it may even fall further. However, gold did not break through the 2290 area support. This situation is consistent with the situation on April 23. Therefore, gold may once again replicate the trend of April 23, start to stop falling and rebound using the 2290 area as support, and may build a new upward channel in the short term (the trend is as shown in the figure). Therefore, in short-term trading, I will gradually go long gold below 2300 in batches.I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDLong
by alongwineer
2
Short gold, pointing at 2300!After gold fell below the upward structure today, it fluctuated all the way down. It stopped falling and rebounded after hitting around 2311. However, the rebound was relatively weak and it did not even touch the 2320 position. We currently still hold a short position near the 2323 position. Unfortunately, gold only touched near the 2311 position and did not hit TP: 2310. So what we need to do now is to wait patiently for gold to fall and hit TP. . Since gold has fallen below the upward structure, we cannot blindly insist on being bullish on gold. On the contrary, we should adjust our short-term trading strategies in a timely manner as the market changes. According to the current structure, gold has no ability to resist during the decline. Relatively speaking, gold's short position advantage is slightly better. As gold falls, multiple early supports for gold have turned into resistance. Now gold faces resistance in the 2320-2325 area in the short term, followed by resistance in the 2335-2340 area. The support below is the 2300 mark. According to the current situation, gold is expected to continue its correction and touch the 2300 area. Therefore, in the next short-term trading, we will change our trading strategy as the market trend changes. In short-term trading, we will mainly short on rallies.I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
1
Profited $12K, continue to short gold after reboundIf you are my follower, I believe you must have followed my trading strategy of shorting gold in the 2345-2350 area. The gold market did not disappoint us. After hitting a high of 2352, gold's rise stalled and continued to fall. The lowest fell back to around 2329. So our gold short position went on to make very substantial profits and once again maintained a 10-game winning streak on the trading record. I just did some statistics and found that I made a profit of FWB:12K in gold trading today, and a total profit of $63K this week including today. In my opinion, this is a very satisfactory trading result.Looks like I'm going to have a nice weekend. After all, as a full-time trader, work is trading, and the rewards from work are used to enjoy life and create value. Because today is Friday, and gold is once again in a volatile trend, with relatively little volatility, so if there are no good trading opportunities, I may end today's transaction. But as far as the current gold market is concerned, although gold has rebounded again, I think it is best not to chase gold now. Because gold has fallen since around 2350, it has limited the room for gold to rise, and the strong resistance above has been confirmed again, so even if gold rebounds in the short term, it will be difficult to sustain. Therefore, my suggestion is to participate in shorting gold again after the rebound, and the target area for shorting gold is the 2340-2345 area. I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
GOLD 1H CHART ROUTE MAP FOR THE WEEKHey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price test 2393 on market close last week with a candle body close gap to 2408 weighted level. We will need to see ema5 lock to further confirm this. We will need to see ema5 lock above 2408 to further open the range above or a rejection will follow to find support at 2371. A cross and lock below 2371 will open the retracement range and a further cross and lock below 2333 will open the swing range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGETS 2393 2408 EMA5 CROSS AND LOCK ABOVE 2408 WILL OPEN THE FOLLOWING BULLISH TARGETS 2422 2440 AND POTENTIALLY 2454 BEARISH TARGETS 2371 EMA5 CROSS AND LOCK BELOW 2371 WILL OPEN THE RETRACEMENT RANGE 2355 2333 EMA5 CROSS AND LOCK BELOW 2333 WILL OPEN THE SWING RANGE SWING RANGE 2278- 2258 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
9
gold short Gold Price: Current Pricing, Prices Chart & Rate Graph Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast gold now buy 2350 tp1 2354 tp2 2358 tp3 2362 tp4 2366 tp5 2370 tp6 2400 sl 2335
OANDA:XAUUSDShort
by Mark804
xauusd buy chartGold stays in a consolidation phase below $2,300 after reaching a new record-high above this level earlier in the day. The benchmark 10-year US Treasury bond yield holds steady above 4.3% ahead of Fedspeak, limiting XAU/USD's upside. Gold price (XAU/USD) retreats after hitting a fresh record high earlier this Thursday and extends its steady intraday descent through the first half of the European session. Bulls opt to take some profits off the table amid overbought conditions on short-term charts and a positive risk tone, which tends to undermine the safe-haven precious metal. Any meaningful corrective decline, however, still seems elusive in the wake of persistent geopolitical tensions stemming from the protracted Russia-Ukraine war and conflicts in the Middle East. Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast. gold now buy 2291 TP1 2295 TP2 2299 TP3 2304 TP4 2340 SL 2270
OANDA:XAUUSDShort
by Mark804
gold buy Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast. Gold price is consolidating the previous rally to all-time highs of $2,266 in Asian hours on Tuesday. Gold price looks to the US jobs data for fresh hints on a potential Fed rate outlook, especially after strong US PMI data dialed down expectations of a June Fed rate cut. gold buy 2254 TP1 2260 TP2 2270 TP3 2280 TP4 2300 SL 2230
OANDA:XAUUSDShort
by Mark804
2
Dive into the Glittering Abyss of Gold! 🌟💎✨ 🚀 Brace yourselveDive into the Glittering Abyss of Gold! 🌟💎✨ 🚀 Brace yourselves, fellow traders! It's time to delve into the shimmering world of GOLD! 🌟 With XAUUSD commanding the stage, let's navigate through the highs and lows of this mesmerizing market. 💰📈 🌐 As the golden bull charges forward, breaking records like never before, it's crucial to stay vigilant amidst the swirling currents of opportunity. 📊💥 But fear not! For within the tight embrace of 2248 to 2256 lies both caution and promise. 🚀🔒 🔮 Peer into the crystal ball, and you'll glimpse the potential for a thrilling downward correction. Yet, in this ebb and flow of fortunes, lies the essence of trading magic! 🌈✨ 📈 Picture this: A bold breach above the range could spark a frenzy of buying, propelling us to the lofty heights of 2265. Conversely, should we descend below, seize the chance to sell and gracefully ride the waves down to 2240 📉🚀 🤓 Your journey through this analysis is not just enlightening; it's actionable! 🚀 Let your support amplify these vibes, and remember, trade smart, trade safe. 💡✅ ✌️ Until next time, may your trades be prosperous and your path paved with success! 🌍🌟💰
TVC:GOLD
by nathimafxreal
1
gold buy confirm Gold price (XAU/USD) enters a bullish consolidation phase during the early European session and oscillates in a narrow band around the $2,260$2,265 region, or a fresh record high touched this Monday. Gold price (XAU/USD) enters a bullish consolidation phase during the early European session and oscillates in a narrow band around the $2,260$2,265 region, or a fresh record high touched this Monday. Investors now seem convinced that the Federal Reserve (Fed) will start cutting rates in June and the bets were reaffirmed by the US Personal Consumption Expenditures (PCE) Price Index on Friday. This, along with geopolitical risks stemming from the protracted Russia-Ukraine war and the recent conflicts in the Middle East, lend additional support to the safe-haven precious metal. Meanwhile, data released on Sunday showed that China's manufacturing activity expanded for the first time in six months in March and boosted investors' confidence. This remains supportive of the prevalent risk-on environment and holds back bulls from placing fresh bets around the Gold price amid overstretched conditions on the daily chart. Apart from this, the emergence of some US Dollar (USD) buying contributes to capping gains for the commodity, though the aforementioned fundamental backdrop suggests that the path of least resistance for the XAU/USD remains to the upside. Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast. gold now buy 2249 TP1 2255 TP2 2265 TP3 2280 SL 2230
OANDA:XAUUSDShort
by Mark804
gold buyGold retreated to the $2,180 area after facing rejection near $2,200 during the European trading hours on Wednesday. With the benchmark 10-year US Treasury bond yield edging lower toward 4.2%, however, XAU/USD regained its traction and rose above $2,190. On the flip side, any corrective decline is likely to find some support near the $2,164-2,163 area ahead of the $2,156-2,155 zone and the $2,147-2,146 region. A convincing break below the latter might prompt aggressive technical selling and drag the Gold price further towards the next relevant support near the $2,128-2,127 region en route to the $2,100 round-figure mark. The said handle should act as a strong base for the XAU/USD, which, if broken decisively, will suggest that the XAU/USD has topped out in the near term and will pave the way for deeper losses. gold buy now 2193 target 2220 resistance 2160
OANDA:XAUUSDShort
by Mark804
GoId - UPDATE - 28 - 03 - 2024"Investors are eyeing an opportunity with a target price (TP) set at 2209, coupled with a stop-loss point at 2177.500, indicating a strategic approach to managing risk and maximizing returns in the market. This vision suggests a calculated investment strategy, where traders are aiming to capitalize on potential gains while mitigating losses. The decision to buy is influenced by not only technical price levels but also the fundamental strength of the asset, possibly reflected in its price-to-earnings (PE) ratio. This approach reflects a blend of technical analysis and fundamental research, highlighting a comprehensive approach to trading or investing."
OANDA:XAUUSD
by FdidineYahya
gold buy chartFollowing a quiet Asian session, Gold turned north and advanced to $2,180 in the American session. Although the benchmark 10-year US Treasury bond yield stays in positive territory above 4.2%, the selling pressure surrounding the USD supports XAU/USD. The daily chart for the XAU/USD pair shows that bulls retain control. The bright metal develops above all its moving averages, with the 20 Simple Moving Average (SMA) heading firmly north below the current level while above also bullish 100 and 200 SMAs. At the same time, technical indicators have turned flat within positive levels after correcting extreme overbought conditions, reflecting absent selling interest. Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast. gold buy now 2174 TP1 2180 TP2 2190 TP3 2200 SL 2150
OANDA:XAUUSDShort
by Mark804
A sure-win trade: Shorting goldDear friends, gold fell back again after hitting near 2181 during the rebound, and is currently trading near 2175. My trading idea today is very simple. First of all, the rhythm of short trading is still maintained overall, but the short-term level constitutes a head and shoulders bottom pattern, so in terms of trading, we first go long gold, and then short gold. For specific details, you can refer to my previous article. First, go long gold near the 2165 position; second, short gold in batches in the 2175-2180 area. Judging from the current trend, although gold touched near the 2181 position during the rebound, the upper shadow line on the candle chart has grown, proving that there is still very strong resistance above, and the trend has surged higher and fallen back, with an obvious peaking callback signal. If gold fails to break through the key area of 2180-2185, then gold is expected to usher in a correction phase and continue to fall under pressure. In terms of trading, even though our gold short position has not yet hit TP, we currently have a pretty good profit, and we can continue to hold it and wait for the profit to increase significantly. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
OANDA:XAUUSDShort
by MagicTrader_Manuel
Still maintain the trading rhythm of shorting goldDear friends, gold reached a record high of 2222 after the interest rate decision last week. However, as the U.S. dollar index rose again, gold fell off a cliff. Judging from the candlestick chart, although gold touched a high of 2222, we can see that the entity closed below 2195 on the daily chart, so this is obviously a sweep. Then there is no reason for gold to reach a new high, and it is even difficult to break through the 2195 position. From the perspective of the general trend, gold's mid-term decline has basically been confirmed, and it will be difficult to reach new highs later. And now we are mainly confirming the rhythm at which gold will fall. From the current point of view, the energy of gold bulls still exists to resist the decline of gold, so it is difficult for gold to fall to the bottom in one step. Therefore, gold is likely to continue its volatile decline, and there may be a possibility of a partial rebound during the correction. This will add some difficulty to our trading rhythm. If we cannot control the transaction price well, we are likely to suffer losses in the transaction. Gold is currently trading at 2165. You certainly cannot short gold directly at this position. We first focus on the 2175-2180 resistance area above. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
OANDA:XAUUSDShort
by MagicTrader_Manuel
3
GOLD road to $2200+ BATTLING INFLATIONGold , known as "the safest hedge against inflation" is looking promising with the current banking crisis occurring. People are scared of banks and see Gold as a safest investment as a store of value without relying on the banks or without having USD. Some economical factors that influence the price of GOLD with the current inflation at 5%: -Inflation hedge: As I mentioned earlier, gold is often viewed as a hedge against inflation. When inflation rises, the value of fiat currencies can decrease, but gold tends to retain its value. This can make gold an attractive investment in times of high inflation, as it can help investors preserve their purchasing power. -Weak US dollar: When the US dollar is weak, the price of gold in US dollars tends to rise. This is because gold is priced in US dollars on global markets, so a weaker dollar makes gold relatively cheaper for investors using other currencies. In other words, a weak US dollar can support demand for gold and increase its price. -Geopolitical risks: Gold is often seen as a safe haven asset in times of geopolitical uncertainty or market volatility. If there are concerns about political instability, trade tensions, or other risks that could disrupt global markets, investors may seek out gold as a way to diversify their portfolios and reduce risk. -Central bank policy: If central banks engage in policies that devalue currencies or reduce interest rates, this can increase demand for gold as an alternative store of value. For example, if the Federal Reserve were to keep interest rates low for an extended period, this could support the price of gold. - Supply and demand: Gold is a finite resource, and new sources of gold production are becoming harder to find. If demand for gold increases while supply remains relatively constant, this could support the price of gold.
TVC:GOLDLong
by CryptoGao1
23
GOLD BUY SHORTGold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It’s traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast. On the flip side, the $2,175-2,176 region now seems to have emerged as an immediate strong barrier, which if cleared should allow the Gold price to challenge the record peak, around the $2,195 area touched last week. Some follow-through buying beyond the $2,200 mark will set the stage for the resumption of the uptrend witnessed since the beginning of this month GOLD NOW BUY 2152 TP1 2156 TP2 2160 TP3 2165 TP4 2170 SL2140
OANDA:XAUUSDShort
by Mark804
Gold short Gold retreated marginally from all-time highs as US T-bond yields edged higher. Near-term technical outlook shows XAU/USD is still overbought. The Fed will announce policy decisions and publish the dot plot this week. On the flip side, the $2,178-2,180 region now seems to have emerged as an immediate strong barrier, which if cleared should allow the Gold price to challenge the record peak, around the $2,195 area touched last week. Some follow-through buying beyond the $2,200 mark will be seen as a fresh trigger for bullish traders and set the stage for the resumption of a well-established uptrend witnessed since the beginning of this month. Confirm signal Gold now buy 2155 Target 2160 Target.2165 Target 2170 Target 2180 Target 2190 SL 2135
OANDA:XAUUSDShort
by JohnHarry_7