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Goldtradingstrategy

Gold Next MoveIn my previous set, as i said i will take long trade at the price 2643 and our sl was 2630, it was running 200 pips and changed the trend into bearish so that i took short trade in fomc and Alhamdulillah got it. Now trend is bearish, i will take short position. Timeframe : D1 support broke + trendline broke H4 demand broke + failed eng H1 demand broke + bearish eng D1 has broke the support and has broke trendline, H4 has broke demand zone and has failed engulfing, H1 has demand zone broke and has bearish engulfing. Entry : I will take entry according to H1 TF, entry point is 2639 above the bearish engulfing. Stop loss 2661 and target is 2561.
FOREXCOM:XAUUSDShort
by Zayn_Muaath
XAUUSD looking for recovery? 1H analysisOANDA:XAUUSD XAUUSD went bearish after the FOMC news and made the weekly low of 2584. Traders had anticipated 25 bps cut but the 2 rate cuts in coming year was a surprise and everyone took it positively. TVC:DXY went strong bullish and peaked at 108. Now for today's trading opportunity I have simplified the levels for you people. For now, let's see if it's technical correction or just bullish continuing. BUY LEVELS: 2619 If market is able to hold above the level. SELL LEVELS: 2584 a major level and fall below this means short 2638 a level that can be considered a resistance for being in line with SMA 2656 A strong resistance level that is great short level. NOTE: there is economic news coming in the us session. so if you are new trader stay, stay away from market. If yore regular trader then be lenient with stops. & Always if you like my idea then boost it and share your thoughts in the comments.
OANDA:XAUUSD
by Forex_Analysis_Wing
XAUUSD - sells in play?Here is our in-depth view and update on XAUUSD . Potential opportunities and what to look out for. This is a long-term overview on the pair updated from the previous one. Last time, we took a step back and took a look at XAUUSD from a bigger perspective (H4 time-frame). We are still using H4 to show you the sells we have in play. XAUUSD is currently trading at around 2670s . If you remember our previous long-term view on OANDA:XAUUSD you should remember that after hitting the top of the area at around 2714 (a bit higher) we were automatically looking for sells. We are currently holding a few sell positions at 2680s as the price failed to break higher. Personal opinion: The direction for now is bearish in our opinion. We are looking for sells and we do believe gold could see some massive sell-offs in December before the year of 2024 ends. KEY NOTES - XAUUSD completed the predicted long-term move to the upside. - XAUUSD sells were called at the top of the area (2714). - XAUUSD failed to break higher and is following the long-term analysis. Happy trading! FxPocket
OANDA:XAUUSDShort
by FxPocket
3
Gold Analysis==>>PumpingToday, U.S. Retail Sales figures were released. Retail sales increased by 0.7% , surpassing the forecast of 0.6% . However, Core Retail Sales rose by only 0.2% , below the anticipated 0.4% . These figures indicate continued strength in U.S. consumer spending, which can lead to a stronger U.S. dollar ( TVC:DXY ) . A stronger dollar typically exerts downward pressure on gold prices, as gold is priced in dollars, making it more expensive for international investors when the dollar appreciates. However, it's important to note that multiple factors influence gold prices, including upcoming Federal Reserve decisions on interest rates and global economic conditions. ---------------------------------------------- Gold ( OANDA:XAUUSD ) continued to fall as I expected and is currently moving through the Support zone($2,642-$2,620) and the Potential Reversal Zone(PRZ) . According to Elliott's wave theory , Gold seems to be completing wave 5 . Also, we can see the Regular Divergence(RD+) between Consecutive Valleys. I expect Gold to start rising again from the PRZ and Support lines and attack the Resistance lines . ⚠️Note: If Gold breaks the Support zone($2,642-$2,620), we can expect more dumps.⚠️ 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
4
12.19 Gold interest rate decision determines direction!How to participate in the short-term gold today? From the daily chart of gold, it is a weak bearish pattern. The upper 2662 is the resonance pressure of the daily and hourly lines. This position has been prompted in recent days. The hourly chart shows that 2651 is the hourly annual line level pressure. This position also suppressed the retracement in the early trading. The hourly BOLL is slowly closing. The data is approaching. The 1-hour and 30-minute charts are also in a volatile pattern. So today's morning trading will not see a big market outbreak. Pay attention to the 2640/38 area below to see a volatile rebound of 2651-2662. When the price reaches 2662, you can first participate in the retracement. Of course, these are all before the data is released. After the data is released, you can still treat it as a shock between 2706-2600.
TVC:GOLD
by AIan_Gold
1
GOLD ROUTE MAP UPDATEHey Everyone, Same as yesterday we are still playing within the retracement range and consolidating before FOMC. 2628 weighted level is still holding support and remains open and failure to lock below with ema5 will see a bounce from this level. However, EMA5 cross and lock below this level and we are likely to see the swing range open. We have FOMC release in 45 minutes so need to keep this in mind for the non organic movement that will need to settle down for the levels to start respecting. 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 shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2666 EMA5 CROSS AND LOCK ABOVE 2666 WILL OPEN THE FOLLOWING BULLISH TARGET 2682 EMA5 CROSS AND LOCK ABOVE 2682 WILL OPEN THE FOLLOWING BULLISH TARGET 2697 EMA5 CROSS AND LOCK ABOVE 2697 WILL OPEN THE FOLLOWING BULLISH TARGET 2719 BEARISH TARGETS 2645 - DONE EMA5 CROSS AND LOCK BELOW 2645 WILL OPEN THE FOLLOWING BEARISH TARGET 2628 EMA5 CROSS AND LOCK BELOW 2628 WILL OPEN THE SWING RANGE SWING RANGE 2606 - 2586 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
8
12.18 Gold tests low and waits for interest rate cutYesterday, the gold market opened at 2652.6 in the morning. After that, the market rose to 2658.9. After that, the market continued to fall under pressure. The daily line reached 2632.7 at the lowest point. After that, the market was slightly pulled up by the support of the 50 mark of the Fibonacci in this round of upward movement. The daily line finally closed at 2646.2. After that, the market closed in a hammer pattern with a long lower shadow. After this pattern ended, the daily line constructed a rubbing signal. Against the background of the Fed's interest rate cut tomorrow morning, today's retracement layout is long. Intraday short-term operation suggestions: BUY: 2640 Defense 35 30 $: 55 62 68
TVC:GOLDLong
by AIan_Gold
1
The economy is looking to the FedThe Fed has started its two-day policy meeting and is expected to cut interest rates by another 25 basis points. However, the focus will be on the Summary of Economic Projections (SEP) and dot plot, which provide guidance for interest rates in 2025. While US Treasury yields and real yields both edged lower, the US dollar remained steady. The 10-year Treasury yield fell to 4.379%, while the DXY index rose 0.07% to 107.01. On the technical front, gold prices maintain their long-term uptrend but are under pressure in the short term. The key support level now is $2,600/ounce, which corresponds to the 100-day simple moving average (SMA). A break of this level could send prices lower to $2,531 – the August 20 high. Conversely, if the price breaks above $2,650, the next target will be $2,670 (50-day SMA), and then $2,700. In addition to the Fed’s decision, investors are awaiting the release of the core Personal Consumption Expenditures (PCE) price index, the Fed’s preferred inflation gauge, to gauge the future direction of policy. Signs that the incoming Trump administration may push for expansionary fiscal policy have raised expectations of a change in the Fed’s stance in the near term.
TVC:GOLDShort
by FalCol_TradingMaster
Trend analysis and strategy, continue to look at reboundGold bottomed out and rebounded on the daily line, MA10/7-day moving averages were flat at 2661/70, and the RSI indicator was running at the 50 value of the middle axis. The short-term four-hour chart bottomed out and rebounded, and the Bollinger Band lower track 2630 was supported to a certain extent. The hourly moving average golden cross opened upward, and the RSI indicator bottom diverged and stood above the middle axis. The callback during today's trading day is still mainly for low-price longs, and then consider selling. After yesterday's decline, gold continued to return to volatility. After today, the NY market will usher in the Fed's interest rate decision, so gold will most likely continue to fluctuate before the Fed's interest rate decision, and then wait for the Fed's interest rate decision to decide the winner. The 1-hour moving average of gold is still in a short position. The gold rebound still focuses on the resistance near the last high of 2667 and continues to see a volatile decline. Gold rebounds above 2660 and can continue to be short. Pay attention to the 2633 first-line support below. Gold fluctuates in this range and waits for the Fed's interest rate decision before choosing a direction. First support: 2640, second support: 2633, third support: 2615 First resistance: 2658, second resistance: 2667, third resistance: 2678 Trading strategy: Before the US interest rate decision, sell high and buy low in the range of 2633~2667
OANDA:XAUUSDLong
by Jun-GoldAnalyst
12.18 Gold shock revision BUYGold rebounded slightly yesterday, with a small cross positive line on the daily line. 1. After bottoming out and rebounding in the morning, it started to rise from 2650 in the afternoon. 2662-3 is the 382 position of the rebound from Friday's decline, and 2664 is the continued decline, so it is the key resistance level. The two watersheds are very clear, one is the low point of 2643, and the other is the European session time point. Therefore, the 2650 line was chosen to bet on the rebound. 2. The 2662-4 line, the evening retracement, the formula emphasizes that the European session opened a decline in the morning, oscillated, especially the rebound from 6-8 o'clock, so in this process, the price did not break through from 8-10 o'clock, and it has been sideways, so the probability of a retracement in the US session is very high. 3. The 2650-1 line, yesterday's intraday rise and retracement to the 618 position, the standard 618 in the oscillation is better to make a mistake than to let it go. Although the 618 position was touched yesterday or sideways this morning, the strength of the pullback is not large, but it is still a sign of oscillation. Today, it is quite controversial. The daily small cross positive line, according to the previous rhythm, the daily positive line is a continuous positive line, so we still need to see a rebound. The cross K is also the transit point of the short-term decline, so the European session time is very important. The watershed 2643 is also very important, which is the key to see whether it will continue to fall. From the operation point of view, in the morning at 618, the 4-hour is still more, 2651-2 is more, if you don’t participate before 7-8 in the morning, you won’t participate in the second time. Today, we really need to observe the strength and weakness of the day. Look at the rhythm of the day’s operation and the layout of the US market. 1. Break 2643 during the day, the US market will pull back and empty, and the support level is 2630-32. 2. If it continues to rise during the day, the daily line is likely to go through a cycle of continuous positive rebound. Today, we will see a pullback of 618. If it is touched, you can short. You can’t double top short. Intraday short-term operation suggestions: BUY: 2640, defense 30, target 55-60
TVC:GOLDLong
by AIan_Gold
1
GOLD ROUTE MAP UPDATEHey Everyone, Not much to update on our route map, as price is still playing within the range for tomorrows pre-fomc gear up. We are currently seeing price play in the retracement zone to provide support for the bounce with the full gap still left open at 2628. We also have the full bullish gap above left open at 2666 to keep in mind. 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 shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2666 EMA5 CROSS AND LOCK ABOVE 2666 WILL OPEN THE FOLLOWING BULLISH TARGET 2682 EMA5 CROSS AND LOCK ABOVE 2682 WILL OPEN THE FOLLOWING BULLISH TARGET 2697 EMA5 CROSS AND LOCK ABOVE 2697 WILL OPEN THE FOLLOWING BULLISH TARGET 2719 BEARISH TARGETS 2645 - DONE EMA5 CROSS AND LOCK BELOW 2645 WILL OPEN THE FOLLOWING BEARISH TARGET 2628 EMA5 CROSS AND LOCK BELOW 2628 WILL OPEN THE SWING RANGE SWING RANGE 2606 - 2586 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
8
Gold does not fluctuate much. If you draw back 2665, you will be Today, gold experienced a second counter-dip yesterday, and yesterday's US market trading also reminded that the US market rebounded in the early stage and reversed short at the high point. Of course, the position we give members is the 2663-65 line. Yesterday, the highest point was 2664, and it retreated, and tested the previous low point 2648 again, and the daily line closed with a long upper shadow line. In the daily rhythm, we can see that yesterday's high point 2665 is the top position of the trend line, which means that after the top resistance level of the three-point line is blocked, it is easy to form a second turning point of the trend downward, which means that today we still have to look at the retracement. In addition, the US market fell and pulled back twice in the early morning, and rebounded upward in the morning, which also gave today's second shorting opportunity. So the resistance level is still at 2665! In addition, if it falls below the key low point of 2643 today, the US market needs to continue to short in the second rebound, and look at the previous low of 2630! Gold point: 2665 short, defense 1675, target 2643-35!
FOREXCOM:XAUUSDShort
by Yuliya1l11
XAUUSD: 17/12 Market Analysis and StrategyTechnical analysis of gold Daily resistance 2725, support below 2627 Four-hour resistance 2673, support below 2627 Gold operation suggestions: Gold is currently in a volatile situation. As for the current trend, the two consecutive days of retreat last week have basically destroyed the previous upward trend. The daily short-term moving average has also formed a suppression pattern. The previous support level is also likely to be converted into top pressure, forming a suppression effect. In terms of operation, it is still treated as a rebound short. From the 4-hour analysis, the upper short-term resistance continues to focus on the NY market high of 2662 last Friday. The intraday pullback relies on this position to continue to be short and follow the trend to fall. Pay attention to the short-term support of 2640 below, and focus on the support of 2627. BUY:2645near BUY:2627near The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.
TVC:GOLDShort
by ActuaryJ
Today's trading range is 2643~2664Gold closed higher on the daily chart, but the price still closed below the MA10 daily average of 2660. The RS1 indicator was adjusted at the middle axis, and the daily Bollinger Bands gradually narrowed. The short-term four-hour chart fell into a shock adjustment around the 43/64 range, and the moving average closed. The hourly chart Bollinger Bands closed, and short-term trading was still the main focus during the day, with shocks and sideways trading! Gold was still in a shock repair market yesterday, but it eventually fell under pressure. Gold was still in a bearish shock overall, and the rebound was still an opportunity to continue to be short! The gold 1-hour moving average was still a dead cross downward short arrangement, and the gold adjustment has not ended. Gold fell under pressure at 2665 yesterday, indicating that gold is still in a strong resistance zone above 2660, and it is still selling at highs under pressure at 2665. First support: 2648, second support: 2643, third support: 2631 First resistance: 2660, second resistance: 2667, third resistance: 2678
OANDA:XAUUSD
by Jun-GoldAnalyst
12.17 Gold Short-term Operation Analysis SELLGold was still fluctuating and repairing yesterday, but it eventually fell under pressure. Gold was still fluctuating with a short side. Rebounds are still opportunities to continue to short. Gold is still short at the current price of 2656 in the early trading! The 1-hour moving average of gold is still a short arrangement with a death cross downward. The adjustment of gold has not ended. Gold fell under pressure at 2665 yesterday, indicating that gold is still in a strong resistance zone above 2660. It is still short at highs under pressure at 2665 in the Asian session. It can also be shorted near 2656 in the Asian session. Gold is fluctuating and urgently needs to choose a direction. Of course, it is now a fluctuating relay of the decline, so it is still short at highs. The focus of this week is the Federal Reserve’s interest rate decision waiting to be launched, which is also the battle between the long and short positions of gold. Whether the gold bulls can turn the tide depends on the impact of the data. Of course, if gold does not break a new low for a long time, it is not ruled out that gold has the possibility of short-term bottoming, so it is time to be flexible at any time. Asian trading strategy: Short gold at 2656, stop loss at 2666, target at 2640-2635
TVC:GOLDShort
by AIan_Gold
1