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XAUUSD: Gold prices have stabilized, ready to buyThe decline of gold has now come to an end for the time being, and it will enter a short-term shock, within the 1815-45 area! Go long near the 1817 position to see a rebound. If you have not bought, you can buy directly at the current price of 1821. Pay attention to the pressure of 1833 at the top. After the breakthrough, it is bullish to the 1845 line! Judging from the 4-hour chart, gold has always been suppressed by the Bollinger Band, and every time it touches it, it will break down again! But now that this position has not been broken for three consecutive days, and the decline has temporarily come to an end, then the next rebound in the trend will definitely touch the pressure of Bollinger's upper track! Long, the US market is bullish at low support, and then short after encountering resistance and pressure above! The initial jobless claims data in the US market is released, and it is expected to rebound first and then fluctuate like yesterday!
OANDA:XAUUSDLong
by Nick_John
XAUUSD: 2/10 Today’s Trading StrategyGold continued to consolidate at low levels on Monday. Gold prices suffered a sharp sell-off last week, continuing and accelerating the downward trend that began after the Federal Reserve raised interest rates on the 20th and kept interest rates unchanged. Previously, the Federal Reserve reiterated that interest rates will remain high for a longer period than previously expected. , and there will be at least one 25 basis point interest rate hike. Gold has been sold off due to concerns about high interest rates, and gold prices may fall further in the first week of October. The interest rate theme has markets on edge and gold's behavior as the Federal Open Market Committee (FOMC) has been aggressively bearish. Gold fell rapidly to $1,850 in a short period of time last week. The bearish situation seems not to be over yet. After the gold price rebounded on Friday, it tested the resistance and then was pressured to break through the bottom. The price has gone out of the space of tens of dollars in both long and short positions during the day. The current gold trend is downward, and the market on Friday is a buying after oversold. The rebound of the market! Surprises can also happen in trending markets! Gold has no real moving average support in the booth and before the moving average golden cross, the downward trend will continue! The current key pressure is still the pressure position of the 4-hour mid-track! The two moving averages are parallel and downward, which means that the trend is intact, so just rely on the pressure position to go short. The short-term long-short watershed is currently around 1867. Shock adjustments began in early trading this Monday. The current moving average maintains a long-term dead cross suppressing the price of gold. The pressure on the short-term moving average has reached the 1861 line, while the pressure on the trend line is at the 1860 line. However, such a big rebound is not expected during the day. , today’s solid operation strategy is to wait for the price to rebound before going short. SELL:1845-1848 SL:1853 TP1:1938 TP2:1832 TP3:1828 It is currently in a downward trend, and the risk of going long is relatively high. It is not recommended to participate.
OANDA:XAUUSDShort
by ActuaryJ
1
GOLD XAUUSD Technical Analysis and Trade IdeaIn this extensive video analysis, we conduct an in-depth examination of XAUUSD GOLD's dynamics. It becomes apparent that GOLD has encountered significant downward pressure in recent times, resulting in its decline toward a crucial monthly and weekly support level. The chart prominently displays an extended price movement, suggesting the potential for an impending retracement. Our discussion encompasses vital aspects of technical analysis, including a look at the prevailing trends, meticulous scrutiny of price action, an assessment of market structure, and an exploration of various other critical elements intrinsic to technical analysis. Throughout the entirety of the video, we elucidate each concept, ensuring a comprehensive and enlightening point of view for our audience. It is imperative to underscore that the content presented in this video is intended solely for educational purposes. Viewers should refrain from interpreting it as financial advice or counsel. It is essential to keep in mind that trading inherently carries a heightened level of risk, and responsible risk management should always remain paramount in your trading endeavours.
OANDA:XAUUSDShort
by tradingwithanthony
1
GOLD ( XAUUSD ) Long Term Buying Trading Idea Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
TVC:GOLDLong
by ForexPlanet20
2
GOLD:Downtrend The decline in gold last week caused me to lose a lot, so last week I chose to rest on Thursday and observe for a day. Now gold is still in a downward trend, so as long as it rises today, it is an opportunity to sell, and today it recovered part of last week's losses. The last biggest decline, from 2080 to 1893, fell by about 187 points. If it is the same this time, then the bottom this time may be from 1987 to 1800, around 1800-1820, but these are all predictions. If we reach the vicinity of 1810 for the first time, we definitely need to buy to win the rebound. Now gold is near 1832, and there is very little space from 1820, so you can now wait for the rebound to sell again, or wait for it to fall to 1820, divide the position and gradually buy, control the position, so that the chance of profit will be higher. Last week let me learn that survival is more important than making money. I hope everyone can make money. Want to know how to trade?Like and subscribe.Follow me
OANDA:XAUUSD
by UnknownUnicorn60055110
$1,870 or $1,800 -> Which Direction for Gold?Gold has now hit a seven-month low at $1,830 just as the US government avoids a shutdown. Over the weekend, the U.S. Congress passed a stopgap funding bill. This means that important government information won't be delayed, and it won't make it harder for the Federal Reserve to decide what they might do with interest rates. Traders are starting to believe that interest rates will stay high for a long time, which is not good news for the precious metal market. Traders think there is a 55% chance that the Federal Reserve will keep interest rates between 5.25% and 5.50% this year, which might not be a great enough majority to convince gold traders to look for prices above $1,870 in the near term. However, Federal Governor Michelle Bowman mentioned yesterday that she's open to raising rates more if the data shows that inflation is not slowing down at a reasonable pace. Sentiment like this might keep gold above $1,800 for the time being though, and limit gold bears from overcommitting to a larger downfall. The next big data reports to affect the gold market will be this week's job openings data, private hiring numbers and nonfarm payrolls.
BLACKBULL:XAUUSD
by BlackBull_Markets
GOLD ( XAUUSD ) Long Term Selling Trading IdeaHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAUUSDLong
by ForexPlanet20
Can We See GOLD Back to 1690-1700s ?hello traders , i hope everybody is doing well waiting for fed conference today i sat down and i started wondering could we see gold back to 1700s ? technically speaking : A ranging market is a market where the currency pair prices move back and forth between a price range of a high price level and a low-price level. The highest price level is formed with a resistance line, whereas the lowest price level is formed with a support line. Gold has been on a range since the beginning of the 2020s in august 2021 gold reached the top resistance of the range the 2070s and a bearish move took the market to the support of the range the 1680 -1700s. i n march 2022 gold reached the top resistance of the range the 2070s and a bearish move took the market to the support of the range the 1680 -1700s. in may 2023 gold reached the top of resistance the range the 2070s But can we see a bearish move that takes the market to the support of the range the 1680 -1700s ? for the third time in a row ? id say technicaly it is possible. fundamentally its possible too but we cant say for sure , Gold Continues Falling on Hawkish Fed Stance Despite U.S. macroeconomic reports being weaker than expected, the US Dollar Index (DXY) continued to rise, while gold (XAU) fell sharply. The prospect that the Federal Reserve (Fed) will maintain its base interest rate at a high level for longer continues exerting downward pressure on XAU/USD. Indeed, the gold price dropped below a one-month low, as the market now expects a rate cut to not come until July 2024. The possibility of high U.S. interest rates is fuelling fears of a global recession and stimulating risk-off flows in the US dollar. Thus, most other major currencies depreciate, and commodities prices decline. Via- investing.com could we see gold drop to 1700s ? please share with me your thoughts bellow . i think it is possible and probable .
TVC:GOLDShort
by xAB777
XAUUSD: 28/9 Today’s Trading StrategyOn September 28, the gold market started to fluctuate. It will take some time to digest the large movements yesterday. Gold is currently trading at around 1876. The price of gold fell again on Wednesday and fell for the third consecutive trading day. It fell below 1880 for the first time since March 13. The intensity has further increased. Although it has fallen beyond the lower track, there is a certain demand for a technical recovery. However, the indicators in the attached picture still show no signs of weakening short positions, which implies that there is still room and strength to continue to decline in the market outlook. The trend will rely on the lower Bollinger Bands or the resistance of the 5-day moving average for high-altitude entry, waiting for the weekly target to be reached. The current high of 1950 has clearly peaked. This impact has led to a negative decline in 1947, laying the foundation for the Air Force's downward trend. The Federal Reserve's interest rate hike expectations are even more hawkish, and the fundamentals are overwhelming the bulls. The daily line also surges higher and then retreats, and the volume continues to decline, and the MA5-MA10 moving average crosses over. The weekly line is also repeatedly under pressure at the Bollinger Track and enters a volatile downward stage. Yesterday, the technical side of gold opened and saw the day's high of 1903. The line continued to come under pressure and fluctuated downwards. The European market further accelerated downwards and penetrated 1890 and continued to weaken. The US market accelerated downwards and penetrated the 1880 integer mark and continued to fall back to 1872. Weak closing, the daily K-line fell back and broke the bottom, and the overall price hit a new low for the year. It can be seen that the rebound was very little, and there was no chance for a rebound. The golden four-hour line continued to have a negative line downwards, and the last two days have all closed with a negative line. , directly breaks through the support level, from 1910 to 1900 and then to 1890, each support level is passed directly in one step. This is the strength of the short position, and trading with the trend is inevitable. So for today's operation, just take advantage of the trend and go short. We will not consider long orders for the time being. If the upper limit touches near 1882, we will directly go short. The stop loss is still 7 US dollars, and the target is 1865.
OANDA:XAUUSDShort
by ActuaryJ
Gold bugs return above 1900Gold prices enjoyed their best day in nearly three weeks on Friday, with clear bullish range expansion helping it to rally from the 200-day EMA after finding stability above 1900 on Thursday. However, Friday's high met resistance at the 50/100-day EMAs and prices pulled back to the 200-day average. Given we have an FOMC meeting looming this week, we might find price action on the choppy side leading into the event, so intraday trades are currently preferred. The 1-hour chart shows that high volumes accompanied Friday's rally, and diminishing volumes during its late pullback suggest the move to be corrective. The weekly pivot point sits within the prior consolidation range between 1916-1920, so any pullbacks towards it will gain our bullish interest - and we'll look for evidence of a swing low for a potential swing trade back towards 1930.
FX_IDC:XAUUSDLong
by CityIndex
1
XAUUSD: Current price Buy, target 1905The gold price fell during the day, which was in line with my prediction. Unfortunately, I was not given a suitable opportunity to enter the market. There’s nothing you can do about it if you miss it, after all, it can’t be perfect! Gold is now falling close to 1890, the lower weekly Bollinger track. Unless the market breaks directly, there is a high probability of a rebound! So we plan to play for a rebound near 1890 and enter the market directly with long orders! The overall downward trend of gold has not changed, so long is short and it is short-term speculation! It’s nice to see a rebound, but wait until it reaches above 1900 and continue shorting! It wouldn’t be a pity if you don’t succeed. After all, it is still necessary to play at the support position of the big cycle. Just do the right thing and leave the rest to the market!
OANDA:XAUUSDLong
by Nick_John
1
XAUUSD: Sell enters, waiting for the US market to plummetThe shorts continued to fall during the day, and judging from the market trend, the current market is running very slowly, and there are very few opportunities for operations. If this wave of shorts is missed, it is estimated that we will have to wait all afternoon. The market rhythm and direction are not something we can change. , If the mountain cannot be overcome, I will overcome it. Since the trend cannot be changed, then change our positions and methods! Therefore, short positions can continue to be short after the price rebounds slightly to around 1914, and the target is unanimously towards the 1905 line! One-hour technical analysis shows that the pressure on the upper moving average and the trend line continue to diverge downward. The time value shows that the pressure on the US time moving average and trend line will be revised downward to around 1915. I don’t need to say more about the criticality of the point. , the trend of picking up money is fleeting, and those who are hesitant are destined to fail, and most of them will become a stepping stone for others!
OANDA:XAUUSDShort
by Nick_John
1
XAUUSD:27/9 Today’s Trading StrategyWednesday: During the international prime Asian trading session, also boosted by the rebound from bottoming out overnight and the decline of the U.S. stock market, the decline stopped within a narrow range, but the fluctuations were limited, and there is still a risk of a short-term decline. Yesterday, gold once fell below 1900, the first low since August 23, and finally closed down 0.78% at 1900.74. After gold continued to decline in the previous trading day, it is currently temporarily supported at the 1900 mark. This is also the position where it was supported and rebounded in the last round of decline, but this time it will not be so lucky to rebound. After the market price touches this line, there is almost no rebound trend, but it continues to fluctuate around this line. It seems that the bulls have given up resistance, so it is only a matter of time before this position is broken. The correction pattern after a decline is nothing more than two situations, either a rebound correction or a sideways correction. After 1947 fell below 1915, there was a rebound from 1915 to 1930. This rebound is a rebound correction. Yesterday's shock around 1917 was a low-level sideways correction. Today's market is similar to yesterday's situation, which is also a low-level shock and sideways correction. After the sideways correction is completed, it will continue to move. fall. Yesterday was almost a unilateral decline. Gold rebounded weakly in the second half of the night. The highest in the early morning could only be around 1903.6, which shows that the market is extremely weak. In the short term today, it will continue to decline further. The next step may be to test the 1890 mark, so today's The operation is to follow the trend! SELL:1905-1908 SL:1912 TP:1901 TP2:1896 BUY:1887-1890 SL:1883 TP1:1895 TP2:1900
OANDA:XAUUSDShort
by ActuaryJ
Again, will gold go bearish? Today's H4 AnalysisHello everyone, I have some fresh updates on the gold market. The pace at which gold is currently moving is relatively quick, having already shattered two resistance levels. If we consider an alternative scenario, the levels of 1938 and 1940 are now seen as viable resistances. It appears that there is a considerable bearish momentum in the market. If the 1928 & 1930 support levels give way, we should brace ourselves for our final target which lies at the 1916 & 1903 marks. please note that financial markets can be unpredictable, and it's essential to consider various factors and perform thorough analysis when making trading decisions. 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
2
GOLD ( XAUUSD ) Long Term Buying Trading IdeaHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAUUSDLong
by ForexPlanet20
XAUUSD:26/9 gold trading strategyIn Asian trading on Tuesday, the U.S. dollar index remained strong and is currently around 106.00. Spot gold continues to be suppressed, with the gold price currently trading around 1914. Gold prices are testing the key support level of 1911. Gold is technically bearish, with pressure still at the 1900 level. Gold prices fell on Monday, erasing Friday's rebound, with prices near last week's lows facing pressure from a stronger dollar and rising U.S. Treasury yields. The technical aspects of gold were suppressed yesterday in volatile trading, and then fell back and broke through the bottom to close. The Asian and European markets as a whole fluctuated in a narrow range around the 1921-1926 area. The US market repeatedly shot higher and tested the 1926 mark, and finally fell back under pressure and accelerated its decline. Closing at the 1915 mark in the evening, the overall price fell suppressed at the 1926 line. The current price has returned to the previous low near the 1915 mark and is running weakly. It is inevitable to continue downward in the short term, and the overall trend is still bearish. Yesterday, the market closed with a big negative line with a slightly longer upper shadow line. After such a formation, today's market continues to be bearish. The 4-hour chart is under pressure and fluctuates around the middle rail, and today's short-term outlook continues to decline further. The next step It is possible to test 1900 and rely on the short-term high of 1917 as a defensive point to rebound and go short first. The resistance point moves down to 1920. The hourly chart is in a state of shock and turbulence. The moving average indicators are chaotic and divergent, with signs of a slight downward turn. Today, Jiesse suggested to prioritize shorting at high levels and then going long at lows. Gold fluctuated and closed lower, so we will follow the trend. In the short term, focus on the 1917-1920 range for shorts at the top, and focus on the 1905-1908 US dollar support for longs at the bottom. If the bottom quickly breaks through the 1905 support, gold is expected to return to 1900 again.
OANDA:XAUUSDShort
by ActuaryJ
1
China's Long-Term Gold BuyingChina's persistent and substantial gold buying activities have been steadily driving up the price of this precious metal, presenting an exciting opportunity for traders like yourself to consider going long on gold. Over the past few years, China has been actively diversifying its foreign reserves by increasing its gold holdings. This strategic move is aimed at reducing their reliance on the US dollar and mitigating potential risks associated with global economic uncertainties. China's consistent and significant purchases have already made it the world's largest gold consumer, surpassing India. The long-term implications of China's gold buying spree cannot be overlooked. As the demand for gold continues to rise, driven by China's insatiable appetite, the price of this precious metal is likely to experience sustained upward pressure. This trend could create a favorable environment for traders who choose to go long on gold. Considering the predictable nature of China's gold buying activities and their commitment to diversify their reserves, now might be an opportune time to consider adding gold to your portfolio. By taking advantage of this trend, you could potentially benefit from the price appreciation of gold in the long term. I encourage you to carefully evaluate this opportunity and assess how it aligns with your trading strategy. Conduct thorough research, analyze market trends, and consider consulting with your financial advisor to make an informed decision. To assist you in capitalizing on this potential opportunity, I recommend keeping a close eye on China's gold buying announcements and monitoring any related market developments. Stay informed about global economic indicators and geopolitical events, as they can significantly influence the price of gold. Remember, trading always involves risks, and it is essential to exercise caution and implement appropriate risk management strategies. However, with careful analysis and a well-informed approach, going long on gold in light of China's long-term buying activities could prove to be a rewarding investment. Should you require any further information or assistance, please do not hesitate to comment.
OANDA:XAUEURLong
by bryandowningqln
XAUUSD: Bearish today, target 1916Gold fluctuates during the day and maintains operation in the range of 1917-27. Now gold rebounds first and is close to the pressure position of the range shock. Then go short first. The current price of 1926 is directly short. Look for a correction. The price will fall to around 1916 and then increase! The current trend of gold is still fluctuating, and no real trend has emerged. Operations must be based on the pressure support position and reverse operations! Gold was previously a shock pressure position near 1930. It is expected that this rebound will continue to fall after encountering resistance at this position. The short-term market will fluctuate and continue to operate within a range! The European market is short at first, then gains after falling to support!
OANDA:XAUUSDShort
by Nick_John
GOLD ( XAUUSD ) Long Term Selling Trading IdeaAug 24 Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
TVC:GOLDLong
by ForexPlanet20
GoldViewFX - GOLD MARKET UPDATEHey Everyone, Once again our chart idea is hitting level to level and playing out in true GoldViewFX style. As shared throughout the week we HIT all our bullish targets and completed the last target yesterday at 1943. We then so price retrace back in the range where we stated it will now reactivate our levels to track again level to level. We also stated to keep in mind the retracement level at 1917. This played out today hitting the retracement target at 1917. 1917 is a weighted level and therefore, if you were following our strategy to buy dips, then this level is weighted to give the 30 - 40 pips bounce - BOOOOM. Once again we got the bounce!!!! This is why we stick with our plans to buy dips, which allows us to handle swings without pressure and capture pips by sitting behind the bull rather than the front, avoiding a crash when it turns. This is how retail traders get taken out. We will now keep an eye on the chart before we post our new trading plans for next week. Keeping in mind if we get a ema5 lock below 1917, we will see the swing range below open up or a rejection will follow with a continuation up, which we can track using cross and lock above the weighted levels. 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 the 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 last 18 months, you can see how effectively they can be used to trade with or against short terms swings and trends. BULLISH TARGETS 1925 - DONE EMA5 CROSS AND LOCK ABOVE 1925 WILL OPEN THE FOLLOWING BULLISH TARGET 1934 - DONE 1943 - DONE BEARISH TARGETS 1917 EMA5 CROSS AND LOCK BELOW 1917 WILL OPEN THE SWING RANGE SWING RANGE 1901 - 1890 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! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSDLong
by Goldviewfx
7