Get started

Goldtrade

1930 could be next for GoldAs I explained in my yesterday's post, although Gold is still contained in large a descending channel, the small descending channel started at the beginning of the month could represent a warning for bears. Yesterday, XauUsd tried twice to make a new low and failed, another indication that an upside move could follow. At the time of writing, Gold is trading at 1899, above the falling resistance of the narrow channel and above yesterday's high. In conclusion, as long as 1883 is intact, I favor gains and the most obvious level for the target is 1930.
OANDA:XAUUSDLong
by Mihai_Iacob
12
Try to go long gold in batchesHello, my name is Antonio. I have been using TradingView, but today is the first time to officially share my understanding and views on the market on this platform. I am very happy to discuss and research the market with like-minded friends here.I also hope that my trading logic and thinking can help some friends know and understand this market to a certain extent. In terms of trading, I will not write too complicated and too long text, I just want to explain my point of view in a simple and clear way, and formulate a corresponding trading plan. As far as trading is concerned, I can look at every transaction objectively and correctly. There must be profits and losses during the transaction process, which is the charm of trading. My goal is simple, to consistently achieve at least $20K in profit per week. Closer to home, as far as the gold market is concerned, after the continuous decline of gold, the current downward momentum has slowed down, but overall, gold is still weak in the short term. According to the current trend structure of gold, there is no structural low point in gold, but gold is currently rectifying, which is conducive to the structural low point in gold. Then gold is likely to tentatively fall below the 1885 position next time, so at this time, you can try to do long gold in batches below 1885. The upper part first focuses on the resistance at 1896, and secondly the resistance at the upper 1902 position. There is no fluke in the market, we need more time to look for opportunities and be good at seizing them. And I spend a lot of time every day researching the market and profiting from it. Similarly, I also make more detailed trading plans and trading signals based on the market every day. The article has a certain lag. In order to grasp the market dynamics and trading plan in time, you can follow the bottom of the article to master the wealth code and create your own wealth!
OANDA:XAUUSDShort
by AntonioWilson
Gold 85-84 to do more; short-term try to do more Gold, after the opening of the day, first retreated at the 84 line, and continued to compete around 90, but in the U.S. market, it unexpectedly rose above the 98 position and then began to retreat, and continued to touch around 85, forming a three-bottom pattern , and in terms of the weak form in the near future, this action does not perfectly explain the signs of the bulls' rebound, but when the market continues sideways and there is no sign of breaking the position, we can continue to consider whether the reversal of gold is coming, At present, the daily line continues to be under pressure on the negative line, and the short-term moving average has also achieved the effect of short resonance. The multi-hour line has a perfect downward channel. According to the simplest operation idea, just let nature take its course and follow the market, but the intraday surge , In terms of the support effect achieved below, we can still consider trying to release a certain amount of energy from the bulls, while the first target above is maintained at the 1900 integer level. Once this position is broken, there will be a continuation in the later period At present, we can go long on gold around 85-84, the target is around 95-00, and the stop loss is 79. If we break the 80 line as follows, we can consider shorting.
FX:XAUUSDLong
by Richard-Wagner
Today's gold forecast is 1882~1897, sell high and buy lowOn Monday, the Asian market fluctuated greatly. From the perspective of the gold trend structure, the intraday is weak and volatile. It basically runs above 1885. It broke through the 1885 line in the morning and quickly rebounded to the 1894 line to fall back and fluctuate. Judging from this trend, the upward momentum of bulls is still not good, and the overall trend is more biased towards bears. At present, there is still a large downside space below, and the 1870 gap has not been filled, so we still have to be biased in terms of operations. Long orders can only enter the market by grasping the rebound. Now that gold has been in a downward trend for two consecutive weeks, if you want to reverse the bulls, you need the help of the data. Otherwise, bears will continue to suppress bulls. It is very simple to say so much, whether you are long or short, you should change your thinking when it is time to change your thinking, and don't be confused by superficial phenomena, so that you can see clearly the changes in the overall situation. ​Back to the topic, gold continues to operate weakly. Although the market has given the bulls a rebound in the morning, it is still difficult for the bulls to gain a firm foothold under the overall bearish trend. Therefore, the operation idea is still based on shorting. Today, let's look at the top 1897-1900, and rise to this range to find a high point and enter the market to open short. SELL1897~1900 SL1905 TP1885 European and American markets fell below 1882-1878, you can participate in long positions BUY1882~1878 SL1875 TP1890
OANDA:XAUUSD
by Short-termTaurus
Possible CRAZY Gold DOWNTREND? (read FULL analysis)TVC:GOLD OANDA:XAUUSD PEPPERSTONE:XAUUSD EIGHTCAP:XAUUSD BLACKBULL:XAUUSD OANDA:XAUUSD FOREXCOM:XAUUSD VANTAGE:XAUUSD EASYMARKETS:XAUUSD TVC:DXY CAPITALCOM:DXY NASDAQ:DXYN - After breaking trough multiple resistances, and rejecting all of the key levels until the previous market close (last friday), GOLD seems to be going for a continuation of a strong bearish market. According to my anaylsis, I protected my SL be placing it above the previous strongest Support Level, making it a safe but smaller risk trade. Also, in accordance to my understanding of how the market moves, I targeted a almost 10 R.R.R (at 9.89 exactly), simply because, with all of the technical analysis I have made, I believe that the market already created it's Intention , then Pulled Back by rejecting key levels continuous times, and will now perform Continuation, which means reaching my Profit Target at the 1804.653 level. As well, as the DXY is indeed moving upwards at it's own pace, making equal highs and aiming for higher highs. - With all of this information put together and analyzed, what do you think could be the possible scenario for GOLD? Let me know your thoughts below, and I wish you all an amazing day!
OANDA:XAUUSDShort
by harfi7520
Gold: Strategies are bullish today Gold runs within a narrow range, the same rhythm as before, the Asian and European markets adjusted, and the US market fell to a new low! In the early trading, it has been suggested that the pressure of 1896 is empty, and those who have entered the market continue to hold the empty order. The current price of 1892 that has not entered the market continues to be empty, and 1887 continues to rise a few points The trend is down, and the ladder is going down continuously, expanding the space below! After the shock, there will be another new low, and the gap below 1870 may be the position where the market stops falling! Before this position is touched or a strong rebound breaks through the current downtrend suppression line, continue to be bearish to the end! 1887 The current price continues to rise, enter when the bullish point is reached 1892 The current price continues to be empty, bearish! Continue to look at new lows!
FX:XAUUSDShort
by Dylan-Jones
GOLD:summary This week, gold is still the same as last week, continuing to fall along the five-day line, but this week is more deceptive, making many people think that this will be the bottom. Therefore, let's not guess whether it will reach the bottom here. Only when gold rises above the five-day line and stands firm can we judge whether it will reach the bottom. If it wants to rise, it will not directly rise. We need more patience. From now on, if you judge that it will rise, then you need to trade quickly and lock in profits to ensure that your account will not lose money. It is most important to follow the trend to make more money, but because it has fallen too much, gold will definitely have a rebound demand, so we must be more cautious and wait for the market to come out. Don't be impatient, the market will always be there, and there will always be opportunities to make money. If you want to make money, join me, keep up with my strategies, and I will share my ideas every day.
FX:XAUUSD
by UnknownUnicorn60055110
Again hold your range top, now?#GOLD... so market in first session of today again placed a high arround your range top and specially ignore the trend line but not the range.. We have still valid upside range top arround 1894 and downside range bottom still arround 1889 and still a valid areas for downside breakage.. Ingore the trend line and focused on your range top and bottom in 4 hours chart.. Am sharing hourly chart for batter understanding but you can check my first idea regarding current range was shared on 4 hours chart .. Any weakness on 4 hours chart below 1889 will leads you towards 1875 n 70 Trade wisely Good luck
FX:XAUUSD
by AdilHussain731333
1
The Unyielding Nature of Gold: A Call to Long Gold!Introduction: Have you ever wondered why gold has stood the test of time as a reliable store of value? Gold's unique characteristics make it a steadfast investment choice, unlike any other asset. In this article, we will delve into the remarkable properties of gold, highlighting its inability to be downgraded or be anyone's liability. Join us on this exploration as we uncover why long-term traders should consider adding gold to their portfolios. Gold: An Unassailable Asset: Gold has long been regarded as a haven asset, offering stability and security during economic uncertainty. One of the key reasons behind its resilience is that gold cannot be downgraded. Unlike currencies or stocks, which can be devalued due to economic or political factors, gold maintains its intrinsic value regardless of external circumstances. This exceptional quality ensures that gold remains a reliable store of wealth, safeguarding against inflation and market volatility. Furthermore, gold is not subject to the liabilities associated with other assets. When you invest in stocks or bonds, you are essentially trusting the stability and performance of the issuing entity. However, with gold, you eliminate the risk of dependent on another party's financial health. Gold is no one's liability, making it a truly independent and self-reliant investment. The Timeless Appeal of Gold: Gold has been revered for its beauty, rarity, and durability throughout history. Its allure spans cultures and civilizations, making it a recognized symbol of wealth and prosperity. This timeless appeal further strengthens gold's position as a valuable asset transcending borders and generations. Call to Action: Long Gold! Considering the unyielding nature of gold, it is prudent for traders to consider adding gold to their investment portfolios seriously. By doing so, you can benefit from its inherent stability and protection against economic uncertainties. Here's a call to action for all traders: embrace the potential of gold and make it a cornerstone of your long-term investment strategy. 1. Diversify Your Portfolio: Introduce gold as a diversification tool to balance the risk associated with other assets. Its low correlation with traditional investments can help shield your portfolio from market downturns. 2. Hedge Against Inflation: Inflation erodes the purchasing power of fiat currencies, but gold has historically proven to preserve value over time. Including gold in your portfolio can act as a hedge against inflationary pressures. 3. Long-Term Wealth Preservation: Gold's ability to retain value over extended periods positions it as a reliable wealth preservation asset. Holding gold can protect your purchasing power and secure your financial future. Conclusion: As traders, it is crucial to recognize the unparalleled qualities of gold. Its inability to be downgraded and its detachment from liabilities make it a resilient and independent investment choice. By embracing gold as part of your long-term strategy, you can fortify your portfolio against uncertainties and potentially unlock new avenues for wealth preservation.
OANDA:XAUUSDLong
by bryandowningqln
Gold analysis next week Gold's current trend seems to be, this round of decline is a continuous shock fall, the amplitude of the shock has contracted, in the upward adjustment, there is no breakthrough of the high, the upper resistance point gradually moved down, the trend is very simple, which brings certain convenience to our short-term operation layout, relying on the previous day's trading day above the resistance point trading. Friday's movement was the least volatile day, and without the participation of news and data, the market volatility became smaller. For next week's market trend, Friday's rebound high of 1897 is our reference trading position, and you can choose the resistance point for a new short-term layout. At the same time, in the big cycle, we follow the short rhythm, follow the overall trend of gold, and choose to go short Join me for more free accurate trading signals
FX:XAUUSDShort
by UnknownUnicorn58713786
Gold next weekIn the previous week, the price crossed our target of 1900, and fell to the important support of 1885. As long as the price is involved in the support zone (1902-1885), a definite decision regarding the future cannot be made. The support of 1880 can be the appropriate point for the price to return. Although the price chart has lost important supports, but for the price of gold to rise, it must break the trend line A and B strongly, so in the coming week, traders should carefully consider the price movement. so that they are not harmed. The long-term price target on the downside could be 1825, but a short-term correction is not out of the question.
OANDA:XAUUSD
by hesamsadat
GOLD:Trading strategy Gold fluctuates very little today, and it is still in a downward trend. Then the current rebound can be sold, but the stop loss must be strictly set, because each decline will not directly fall. Only when gold can rise above 1900 and stand firm can it be judged that gold will not fall again, so that trading will be safer. Gold trading advice today: Gold:sell1897-1900 TP:1892-1887 sl:1903 Today is Friday, the last trading day of the week. Today's volatility is relatively small. If you can't find a more suitable opportunity, you can choose to wait. Sometimes it's better to wait than you are in a hurry. If you want to make money, join me, keep up with my strategies, and I will share my ideas every day.
FX:XAUUSDShort
by UnknownUnicorn60055110
Gold continues the short trend, the key point today is 1890Gold continues to maintain a downward trend at present, and the white market has rebounded, but the position after the rebound also indicates that it is difficult for the bulls to gain an advantage in a short period of time. Therefore, in today's operation, first look at the position below 1890. If you hold the line of defense and do not break it, it will be near this position Go long, if you can’t hold it, gold will fall to the 1880 position in the next step BUY:1890, SL1885, TP:1897 If the European and American market rises to 1898-1900, you can participate in short selling SELL:1898-1900, SL:1905, TP:1890
OANDA:XAUUSDShort
by Short-termTaurus