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Goldtrader

XAUUSD Outlook 28/8/23 Bears incoming? Whats is up gold gang hope you all had a great weekend! we are back once again to the gold charts ready to ride the wave of global corruption and take our little piece undetected So what can i see .. currently price is sat at the strong monthly zone and closed below it for the week. This shows to me that the bears still have it and we can start moving down again as long as dxy stays on its trend. 1871 is my near term price target for gold. if not, then we take buys .. thats the beauty of the strategy, the world can play out and im still catching the moves bank holiday here in the uk so london will be dead most likely, but ill still be keeping an eye out and ill be certainly here for NY as always buys sells and reversals all on the charts ready for you to copy on to yours hit the follow and the like!! its gonna be a good week i can feel it!! back to back winners as always catch you in london tommyXAU
OANDA:XAUUSDShort
by tommyXAU
2
XAUUSD: 22/8 Trading Strategy Today​The current international gold price is around 1895 on Tuesday. DXY hovered near a two-month high, but its five-week winning streak eased as investors bide their time ahead of a Fed seminar in Jackson Hole, Wyoming, on expectations that major central banks could stay relatively low for longer. Gold hovered near five-month lows amid high interest rates and rising U.S. Treasury yields weighed on the metal. After the opening of the day, it first retreated to the 84 line, and continued to compete around 90. However, after the U.S. market unexpectedly exceeded the 1898 position, it began to retreat, and continued to touch around 1885. Due to the recent weak form In other words, 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, and the current daily line continues to be under pressure. The short-term moving average has also achieved the effect of short-term resonance, and the downward trend of the hourly line is perfect. According to the simplest operation idea, let it take its course and follow the market. We can still consider trying to release a certain amount of energy from bulls, and the first target above is maintained at the 1900 integer level. Once this position is broken, there will be a possibility of continuation in the later stage. Judging from the current trend structure of the market, the downward trend channel line in the previous period is relatively regular, and the decline that abides by the rules goes lower. Although there is a certain rebound in each single trading day, there will always be a new decline after each rebound. break low. At this time, every rebound opportunity should be shorted to see the fall. At the current stage, there has been no continuation of breaking lows for two consecutive trading days, and the repeated hourly lines at low levels have formed a more obvious defensive trend. Although the rebound is not strong, the previous downward pattern has been broken. Adjust the layout of the train of thought. Jiesse predicts that nearly half of the analysts will choose to short at 1900 today. The short-term thinking in the operation should be adjusted appropriately, and the position of short selling should be adjusted a little higher. Wait for the rebound to test the top and then short at the high point, or the market will reach the low point of 1884 when the market weakens Nearby, let's follow up. ​​​​​​​​​​​​​​Gold Operation Strategy: SELL:1900-1903 TP1:1897 TP2:1892 BUY: 1885-1888 TP1:1892 TP2:1897
OANDA:XAUUSDShort
by ActuaryJ
1
XAUUSD: 21/8 Today's Trading Strategy AnalysisDuring the Asian session on Monday, spot gold dropped slightly, hitting a low of 1884.70 since March 15. Gold prices closed close to flat on Friday, but still fell 1.27% for the week, closing down for the fourth consecutive week, as recent U.S. economic data has boosted market bets that interest rates will remain at higher levels for a longer period of time. DXY is relatively strong, and the yield of U.S. bonds once approached the highest point in nearly ten years, which significantly suppressed the price of gold. Headline inflation has moderated for now, although much of the improvement can be attributed to lower energy prices. Core inflation remains hot, with concerns that inflation may not return to the 2% target anytime soon as the labor market remains extremely tight. That said, while significant progress has been made on inflation, it may be too soon for the Fed chair to celebrate victory and declare "mission accomplished." Powell's comments could also have a disproportionate impact at a time when U.S. Treasury yields are nearing their highest levels this cycle. Jackson Hole could be the catalyst for a breakout or decline, driving corresponding moves in the dollar and gold. The gold market opened at 1912.9 at the beginning of last week. After that, the market first pulled up to 1916.3, and then the market fluctuated and fell back. The weekly line effectively fell below the previous low of 1892, and then the lowest was 1884.8. After the market was sorted out at a low level, the weekly line finally closed at After 1889.2, the market closed with a big Yin line with a lower shadow line slightly longer than the upper shadow line, so that gold continued to be under pressure after the line was closed. From the perspective of the gold trend, after gold fell below 1892, the daily and weekly lines have been negative, indicating that the recent downturn has not yet ended. However, it should be noted that the US index has already shown a downward trend, so gold has entered an anxious stage. Gold pressure 1894-1899, support 1884-1874; Summary: Gold is still running in a downward trend channel. Today's operation gives priority to rebounding and shorting, and then doing long at low prices. ​​​​​​​​​​​​Gold Operation Strategy: SELL:1893-1896 TP1:1889 TP2:1883 BUY:1880-1883 TP1:1886 TP2:1890
OANDA:XAUUSDShort
by ActuaryJ
Gold's Jackson Hole Rally: What's Next? Gold is possibly still within its descending channel, though it has discovered a foothold at $1885 and demonstrated an upward shift this week due to a decline in bond yields. However, the anticipation is for the Fed funds rate to remain higher for longer, so gold’s upside potential might be short-lived. Butting up against this hypothesis is the very recent surge in gold from $1900 to $1916. This surge can be attributed to a weakened USD, which followed the release of several data points, including a decline in the US Composite PMI to 50.4 in August (below the expected 52.0), and a drop in the Manufacturing PMI to 47.0, reaching a low point for the past two months. For downside risk, bears may again target the $1880 and $1885 resistance if the price falls back below $1908 level (200 SMA). Immediate upside risk is potentially restricted at $1920 (20 SMA). Jerome Powell is set to take the stage at the Jackson Hole Symposium in the next 48 hours (scheduled for 10:05am ET Friday) and gold’s near-term trajectory will likely be guided by this significant event. Interestingly, the pound is bucking the trend of a softer US dollar. The GBPUSD weakened to $1.2716, as traders digested the UKs equally weaker-than-expected PMI data. The latest UK Private Sector Output Fell the most in 31 months (about 2 and a half years).
BLACKBULL:XAUUSD
by BlackBull_Markets
XAUUSD Outlook 23/8/23 Huge sells caught again 📉🤫What is up gold gang! hope you are well and caught those nice sells today from the algo level .. very very nice indeed!! Price came up in asian/london .. hit the algo level .. no news days gold likes to reverse without the volume so we hit the sells after waiting for the tommy reversal pattern .. and boom off she went. Perfection Tomorrow we have PMI! lets see if the trend change is real or not .. the news will be the deciding factor on this for us. Im still bearish on the HTF currently and still aiming for this weeks target of 1870. Im still always open to adapt! Buys and sells remain as today .. the sells if like that area marked to be cleared first if it will .. provides a safety net and a clearer path down. Reversals are marked in blue. Id like price to come up in asia before falling .. lets see if the crystal ball is fired up and ready for action thanks so much for all the new followers .. welcome to the gold show!! catch you in london tommyXAU
OANDA:XAUUSD
by tommyXAU
4
XAUUSD Outlook 22/8/23 Blown accounts 🥲Good evening gold gang!!! oh dear what a bad day for price action!! .. we got the mother of all fakeouts during the ny session. What is a fakeout? .. its where price tricks you into thinking its going one way, then quickly shoots down the opposite .. trapping you in positions. The trendline break was a sure sign for buyers today seing the decline in dxy also .. i advised the gold gang to stay out of buys for this very reason price shot up then quickly reversed and dropped 90 pips where we caught the bounce at the bottom for a quick scalp. There will have been losses and revenge trading everywhere today .. truely a day for the brokers. This is where discipline comes in and im glad im experienced enough to have seen this play out before. Going into tomorrows session, price really is undecided currently having broken the trend, but ranging .. so lets wait to see it play out into the london and ny session tomorrow buy and sell zones are on the chart with reversal points as standard lets get another win and keep it cool and professional as always knowing that the markets still have blood in the water follow and like this to support! i love writing these for you guys and i hope you find them useful catch you in london tommyXAU
OANDA:XAUUSD
by tommyXAU
8
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 (XAUUSD): Important Key Levels to Watch Next Week 🏆 Here is my latest structure analysis for Gold. Horizontal Key Levels Support 1: 1875 - 1898 area Support 2: 1854 - 1858 area Support 3: 1804 - 1811 area Resistance 1: 1923 - 1933 area Resistance 2: 1942 - 1947 area Resistance 3: 1972 - 1987 area Vertical Key Levels Vertical Support 1: Support line of a falling wedge pattern Vertical Resistance 1: Resistance line of a falling wedge pattern. Consider these structures for pullback/breakout trading next week. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDLong
by VasilyTrader
10
XAUUSD Outlook 18/8/23 The levels are magical 🔮What is up gang! What a great day we had with calling the level touch and reversal for huge sells. Insane. Its been a crazy couple weeks. Long may it continue The top level 1903 was touched to the pip and shot down. How did i know it was going to do that? .. i trust my algo levels completely .. but what are they? Over years of staring and testing on the charts .. i found that price always came back to these special points in price. I found that they were respected time and time again but not like support and resistance .. these levels are respected to the pip, and have been for years. Supply and demand, support resistance, fibs, ICT (whatever) all need price points to work from .. and they are from the levels i have found. My algo levels. I cant tell you how i mark them, as they are my creation and im proud of the hard work they have cost me ... but i can share them every day with you so you can profit as i do. Tomorrow!! .. we have zero news .. thats weird for a friday so im expecting price to follow the trend down to the HTF important level marked on the chart at the bottom. Any buys would have to be a huge shift in trend for me to consider .. unless its a fakeout reversals are marked in blue .. wait for the pattern before entry .. gold gang know what i mean! please follow along to catch these monster trades with me .. like and boost too catch you in london tommyXAU
OANDA:XAUUSD
by tommyXAU
1
Will gold continue to fall? Today's Trading StrategyAt present, gold has been fluctuating and rising. After 1900 was broken yesterday, it only fell to the 1896 line. It did not continue the downward trend, but quickly rebounded and corrected, closing above 1900. The current trend is basically similar to the previous trend, and a double bottom has been formed below. The counterattack trend of bulls is ready to enter the market at any time, and now we can be sure that the space for shorts to fall is limited, and we cannot blindly chase shorts. At present, we are waiting for the establishment of the bull signal, and the bears will not be able to continue the decline unless they continue to break low, otherwise all the declines are just a signal to establish the bulls' entry. Back to the topic, the downtrend of gold is not over yet, the operation needs to be treated with caution, today we will first look at the 1900-1897 line below, reach this range to find the low point and enter the market to do long BUY: 1900~1897, SL:1894, TP1:1905 TP2:1910 The European and American market rose to 1911-1913, which can be shorted SELL:1911~1913 SL:1920 TP1:1908 TP2:1905
OANDA:XAUUSD
by Short-termTaurus
SHORT ON GOLD AFTER LOSING THE 1900 SUPPORT "So, GOLD has lost one of its important supports (1896 ~ 1902). It is currently at the lowest price in the last 60 days. The price has formed a clear CHOCH on the 1H and 4H time frames, and the trend has remained bearish after losing the support. The first scenario involves being rejected after retesting the previously lost structure around 1896 ~ 1902 and then making a direct move towards 1980. Following that, we might observe a consolidation phase around that area. The second scenario entails breaking the 1980 support zone, retesting it, and potentially going deeper to 1860. Today's news appears to be unfavorable for GOLD, leading to our next resistance zones at 1880 and 1860. My recommendation is to go short until we witness a solid breakout at 1907 ~ 1912. Good luck, everybody." OANDA:XAUUSD FOREXCOM:XAUUSD CAPITALCOM:GOLD
OANDA:XAUUSDShort
by badassone
GOLD (XAUUSD): Detailed Structure Analysis 🥇 Yesterday's FOMC was bearish for Gold, and the market dropped sharply. As I already discussed on the live stream, shorting Gold now looks very risky. The thing is that the market is currently trading within a huge horizontal zone of demand. The underlined blue are is based on a price action of February, March and July this year. Be careful and keep tracking the falling wedge pattern. Its bullish breakout will be most likely trigger a correctional movement. Alternatively, a breakout of 1875 (lower boundary of a demand zone) and daily candle close below that, will confirm the violation of the demand zone. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDShort
by VasilyTrader
10
Today gold is still dominated by short selling, top 1923Gold Analysis: Last Friday's gold empty order was also steadily won. The closing battle is also a successful conclusion. With the beginning of a new week, new market trends are also waving towards us. Next, listen to my analysis and insights on Monday's market. The support at 1910 below is relatively strong, and several pre-breakthroughs ended in failure. According to the trend of gold in the Asian market and the strength of the callback, the bulls are still suppressed to death, and it is difficult to see that they will give enough rebound in the short term. So the focus is still on the break at the 1910 position. Last Thursday's CPI was all bullish, and it failed to open up the bulls' upward momentum. It just rushed to the 1930 line and was suppressed by it and quickly fell below the low. Therefore, the bearish trend remains unchanged this week, and it is still mainly bearish. In terms of operation, just follow the mainstream and wait for the rebound to give you a short-selling opportunity. Back to the topic, the current decline in gold is obvious, and we need to find a suitable space to enter the market after rebounding from a high level. Today, let’s look at the 1921-1923 position above. When you arrive at this position, you can find a high point to enter the market and sell short. SELL1921~1923, SL1927, TP1910. Long orders will not be arranged for the time being, and wait for the follow-up gold to go out of the trend
FX:XAUUSD
by Short-termTaurus
Gold trend analysis Although the price of gold fell to a certain extent today to 1902, it rebounded to around 1911 in a short period of time. As the US economic data continued to support the Fed's tendency to tighten monetary policy, the gold market fell into neutral. The recent weakness may be seen as A buying opportunity as the market waits for a fresh spark to spark a broader rally. So I think the price of gold will still go up trading signal: buy 1900-1905 tp1912-1917 Share free trading signals every day, if you need, please join me
FX:XAUUSDLong
by Tony_barry
Gold: waiting for a rebound Gold has been falling below the support of 1901. Dukang still maintains a bullish thinking from low to high, and continues to hold more than 1895 orders, waiting for the US market to rise! At present, the decline in gold is over, and the daily line has fallen to the support position of the 200-day moving average. The support of the large cycle moving average is likely to be the turning point of the market! And the short-term decline fell below the 1900 position in the past two days! If you don't break, you can't stand, break the position and reverse! Before the price of gold falls below, we maintain the view of bottoming out and rebounding unchanged! Recently, the market is mainly concentrated in the US market, and there are many, relying on support and direct support! Bounce some in 1895 Strategy 1985 into long, 1992 to take profit or enter into decline
FX:XAUUSDShort
by Dylan-Jones
XAUUSD: 11/8 Today's Trading StrategyOn Friday (August 11), DXY fluctuated within a narrow range and is currently around 102.50. Affected by the lower-than-expected inflation data overnight, spot gold once rose to an intraday high of $1,930.19, but then turned around and accelerated below the $1,920 mark. The U.S. dollar index turned from falling to rising, and investors digested U.S. July inflation data , data showed that consumer prices rose slightly, but inflation remained well above the Fed's 2% target; U.S. consumer prices rose slightly in July, consolidating expectations that the Fed's interest rate hike cycle is coming to an end Yesterday, the price of gold fluctuated in a large range. The market opened at 1914.6 in the morning and the market rose first. In the beginning of the US market, it was affected by the fundamentals and quickly rose. The daily line reached the highest position at 1930.2 and then the market fell under pressure. After reaching the position of 1911.9, the market consolidated. After the daily line finally closed at the position of 1912, the daily line closed in the form of a shooting star with a very long upper shadow line. Although gold rebounded yesterday with the support of the CPI data, the overall bearish trend finally returned in vain, and it still hit a new low since this round in late trading. No change for now. From a technical point of view, yesterday’s daily line of gold received a Yinxian shooting star, indicating that the short position is corrected, the Bollinger Bands are wide open, the KDJ indicator is about to form a golden cross, the midline fluctuates widely, and the general trend is still upward. Looking at the 4-hour chart, the Bollinger Bands open wide, the KDJ indicator is about to form a golden cross, and the price fluctuates at a low level. On the daily chart, the price of gold fluctuated and fell. The dead cross of the 5-day and 10-day moving averages crossed the middle track of the Bollinger Bands downwards, and formed a short-term suppression on the price of gold. The middle track and the lower track of the Bollinger Bands turned downward, indicating that the short Occupy a short-term advantage and gradually open up the downside space, but the downside time of the lower track of the Bollinger Band is relatively short, which may limit the short-term downside space. In terms of indicators, the dead cross of KDJ and RSI indicators turned slightly upward, indicating that there is a short-term rebound opportunity for gold prices, but the dead cross of MACD indicator diverged and crossed the zero axis, and the short-term technical side has the upper hand. Today, the upper pressure of gold price focuses on 1922 and 1933 US dollars, and the lower support focuses on 1910 and 1900 US dollars. ​​​​Gold operation strategy: SELL: 1920-1923 TP1:1916 TP2:1910 Buy: 1903-1906 TP1:1909 TP2:1918
OANDA:XAUUSD
by ActuaryJ
The Gold price update for the coming weekend includes importantGold is now in a bearish trend and will find sell positions for the long term, but the confirmations are most important. Gold is now very close to its Demand zone of 1905–1895, which marked the double bottom on July 6th, 2023. Gold will give respect to their demand zone, and as per dollar analysis, the dollar will fall. In this case, gold will move some bullish. The major levels were also marked on the chart with their possible rejections. Buying zone 1906 to 1896 but if we will find some market structure changes indications like rejection in H1, M30 and Confirmations in M30, H1 also. The major zones are: 1- 1918.90 2- 1924.88 3- 1931.31 4- 1947.88 You will open buy positions, and your take profit will be at these levels in the short term. Selling zone was also the major zone marked above if market will give some indications. The marked levels were also the resistance levels in the H4 time frame. The possible trading setup is as follows: Entry Point: 1906-1894 Stop Loss: 1890 Take Profit1: 1918 Take Profit2: 1931 The setup is valid if we can see some indications, a rejection candle at the support zone and a confirmation candle in H1 or M30.
OANDA:XAUUSDLong
by Bloom_Forex_Official
Will gold go up? The gold market has been oscillating and falling since the early trading, but we can clearly see from the market conditions that the main bullish funds are constantly intervening. Therefore, gold is very likely to rise at the lower support point and continue to form a narrow-range shock adjustment trend. For short-term trading, I suggest that you can choose to buy at 1925-1930. The target profit is 5-10 US dollars Trading Signals: GOLD: buy1925-1930 tp1935-1940 Share free trading signals every day, if you need, please join me
OANDA:XAUUSDLong
by Tony_barry
3