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Goldtradingstrategy

Wednesday Market Analysis and SignalsTechnical aspect Technical aspect: the continuous decline of gold daily line broke the adjustment range of the past two weeks. After the daily New York closing price of ten weeks MA10 daily moving average, the current MA7/10 daily moving average opened downward to suppress the 2644/2647 line, the 5-day moving average is at the 2638 line, the RSI indicator callback is close to the central axis, the four-hour moving average dead cross opened downward, the price is running in the middle and lower track of the Bollinger band, the RSI indicator is running below the central axis 50 value, and the short-term moving average suppresses 2632/36. Gold 4 hours continues to turn downward, and there is still room for gold shorts. Gold 4 hours has shown a multiple top structure, and then fell and broke. Gold has fallen below the previous low point. The previous gold transaction concentration area above 2632 has now formed a heavy pressure area; gold rebounds to 2632 and continues to short at highs. Sell high and buy low in the 2600~2632 range
OANDA:XAUUSDShort
by Jun-goldFX
Tuesday Market Analysis and SignalsIn the early Asian session on Tuesday, spot gold fluctuated in a narrow range and is currently trading around $2,641 per ounce. Gold prices fluctuated and fell 0.38% on Monday, rising to around $2,660 at the highest point during the session and hitting a low of $2,637. Federal Reserve officials said that it is not appropriate to relax monetary policy excessively. Recent employment data is good, and investors have lowered their expectations for the Federal Reserve to cut interest rates sharply in November. The US dollar remains strong, and the US Treasury yield has risen above 4% for the first time in two months, which has also put pressure on gold prices! The US dollar hovered at its highest level in seven weeks, making gold denominated in US dollars more expensive for investors holding other currencies. The US 10-year Treasury yield broke through 4% for the first time in more than two months on Monday, which means that the opportunity cost of holding gold has increased, reducing the attractiveness of gold. In the short term, gold prices are still facing the risk of further correction in the short term, but the prospect of further interest rate cuts by major central banks around the world and geopolitical tensions still attract bargain hunting and safe-haven buying to support gold prices. This will limit the correction space for gold prices. On this trading day, we need to pay attention to the US trade account in August, continue to pay attention to the speeches of Fed officials and news related to the geopolitical situation, and pay attention to the impact of the performance of global stock markets on risk aversion. Huang Jin continued to fluctuate and adjust in a wide range, consolidating around the triangle range of the hourly chart, and continue to pay attention to the intraday adjustment of the 2630/2670 range. The 4-hour moving average has already crossed, and it has not been able to break through the moving average after multiple upward surges. The 2652 line has become a barrier. There is also an important signal, that is, no news that is bullish on gold has pushed it up, and the gold price may turn down at any time! Asian market trading strategy: 2630-2632 long, stop loss 2621, target 2650-2660; 2652-2654 short, stop loss 2663, target 2630-2620;
OANDA:XAUUSD
by Jun-goldFX
World gold costs dropped sharply withinside World gold prices dropped sharply in the context of the rising USD index. Recorded at 0:00 on October 9, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 102,340 points (up 0.04%). World gold prices faced a wave of selling when a senior official of Hezbollah expressed support for Lebanese officials' efforts towards a ceasefire. Market participants are seeing the news as a easing of tensions in the Middle East. Not only gold, news about Hezbollah has "sunk" the crude oil market - a commodity that is closely related to precious metals. Nymex crude oil price decreased by about 3.75 USD/barrel to 73.5 USD/barrel. 💎 TVC:GOLD buy 2617- 2615💎 ✔️TP1: 2625 ✔️TP2: 2635 ✔️TP3: OPEN 🚫SL: 2609 💎 TVC:GOLD sell 2637- 2635💎 ✔️TP1: 2625 ✔️TP2: 2615 ✔️TP3: OPEN 🚫SL: 2643
TVC:GOLDLong
by FalCol_TradingMaster
WEEKLY FOREX FORECAST SEPT 7-11th: GOLD | XAUUSDGOLD | XAUUSD is in consolidation currently. I am waiting for it to touch down at the Weekly +FVG and move higher. I'm interested more in long setups versus shorts. Patience usually pays, so I wait and watch for valid setups to form this week. Check the comments section below for updates regarding this analysis throughout the week. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
COMEX:GC1!Long
by RT_Money
2
GOLD ROUTE MAP UPDATEHey Everyone, Another great day on the chart today with our analysis playing out once again. We got the Bullish target hit yesterday at 2655 and then no ema5 cross and lock above the level confirmed the rejection. Today we got our Bearish target at 2633 hit, which also gave us the weighted level bounce inline with our plans to buy dips safely for 30 to 40 pips. Followed with a break below 2633 completing the retracement range at 2611 in true level to level fashion. We will now look for support above here for e re-test at 2633 or a cross and lock below 2611 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 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 2655 - DONE EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET 2674 BEARISH TARGETS 2633 - DONE EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2611 - DONE EMA5 CROSS AND LOCK BELOW 2611 WILL OPEN THE SWING RANGE SWING RANGE 2586 - 2558 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
6
GOLD → Trade Analysis | SELL SetupYou can expect a reaction in the direction of selling from the specified resistance zone GOLD moving higher as it tests the strong resistance level.. We expect a bearish move from the confluence zone. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GOLD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
TVC:GOLDShort
by TheGrove
3
Gold shorts are not over yet, watch out for accelerated declinesThe September NFP data is good news for the market, giving the market more reasons to prepare for the latest inflation data. Last week's heavyweight employment report puts more pressure on this week's CPI data. If the data unexpectedly rises sharply, it is likely to cause market turmoil. After the blowout employment report last Friday, the importance of this week's CPI has been significantly provided. We have noticed that the US dollar has continued to maintain its upward momentum recently. It is likely to continue its upward trend before the release of CPI data. If there is a correction, it can only be after CPI. Therefore, the rise of the US dollar will bring continued suppression to gold. It can be seen from the figure that the gold price has repeatedly tested the low point of 2630 during the decline. I think 2630 is not a short-term bottom. It will fall below in the next two days. Once it falls below, you can see the support of the lower moving average near 2615. In addition, 2648 is the 0.382 position of the Fibonacci retracement. The pressure effect here has been verified many times before, so friends who are short can choose to sell here. My personal short position is currently in a state of substantial profit, but I will not close the position for the time being. I will continue to hold and expand the profit.
TVC:GOLDShort
by AntonyTP
10,8 Technical Analysis of Gold Short-term OperationsAt the end of the Asian session on Tuesday (October 8), spot gold maintained its intraday decline, and the current gold price fell to around $2,627/ounce. Spot gold closed down 0.41% on Monday at $2,642.28/ounce. There was no important data released from Monday to Wednesday to guide the market, but the speeches of several Fed officials need special attention, and then there is the September CPI data on Thursday, the initial jobless claims data for the week, and the minutes of the Fed meeting at 2 a.m. From the daily level, a small negative column was recorded yesterday, and the price remained below the short-term moving average. The moving averages of other cycles were arranged upward. The Bollinger overall intended to close, the MACD double-line dead cross probed downward, and the green kinetic energy column increased in volume, which was in line with the K-line trend. The primary pressure above was around $2,650, which was close to the previous high. Below this, the daily line still tended to be short. $2,650 is the first resistance, and further resistance upwards is near 2,660 (three points above and below). If the intraday rebound does not break through and there is no geopolitical situation to increase risk aversion to support it, the technical retracement and repair demand will continue. Further support below is $2,630. After breaking through, it can extend to the $2,620-2,618 range. In other words, today's trend is expected to retrace first. If it can retrace to the expected range, you can participate in the bullish trend.
TVC:GOLDShort
by David_strategy
3
xauusd / gold ideawe can see near 2653 there have a FVG market have to trigger that entry for sell side dip so once market trigger the area go for lower time frame minimum 5m so you can see a CHOCh on that area once you get CHOCh go for a sell fly 📌 Please support me with your likes 🤞🏻 and comments 💬 to motivate me to share more analysis with you and share your any opinion about the possible trend of this chart with me ! Best Regards , Davis 🥰 Hit the like 🤞🏻 button to !! Motive some energy !!🥇 📌 Note : ⨻ Check the live market updates and analysis yourself before buy 📈🔺 or sell 📉🔻 ⨺ Am not giving any advisory or signals its just my idea for upgrade my knowledge 📚 in trading ⨹ This is my pre and post market analysis to improve my trading journey 🚀 ⨂ Am Not suggesting anyone to buy or sell ❌ am just giving my views 👀 ⫸ You are responsible for your trading ✅ not me ❌ ⫷ HAPPY TRADING 🥰
OANDA:XAUUSDShort
by TRADING_MASTER_DAVIS
Gold May Fall to 2615.00 - 2625.00 (READ DESCRIPTION)Gold May Fall to 2615.00 - 2625.00 Pivot Point: 2650.00 – This level acts as key resistance, capping potential upside moves. A sustained break above it would indicate a shift in momentum. Primary Strategy (Our Preference): Entry Point: Short positions below 2650.00. Target Levels: 2625.00: This serves as the initial downside target, indicating a potential decline from the pivot point. 2615.00: If bearish momentum continues, further downside towards this level is likely. Alternative Scenario: Entry Point: If the price moves above 2650.00, consider long positions. Target Levels: 2659.00: A move higher could test this resistance level first. 2670.00: Further bullish momentum may drive Gold toward this higher resistance. Technical Outlook: RSI Indicator: Likely indicates bearish sentiment, suggesting a risk of further declines as long as resistance at 2650.00 holds. MACD Indicator: May be below its signal line, reinforcing the bearish momentum. Moving Averages: Gold is likely trading below its 20- and 50-period moving averages, suggesting continued short-term weakness. Market Dynamics: As long as 2650.00 remains resistance, further price declines are anticipated, targeting 2625.00 and potentially 2615.00. A break above 2650.00 could shift momentum to the upside, with targets at 2659.00 and 2670.00, indicating a reversal of the current bearish trend.
OANDA:XAUUSD
by CharivapaAlgo
Gold price analysis October 8Fundamental analysis Gold prices attracted some selling for the fifth consecutive day on Tuesday, falling to their lowest in more than a week, close to the $2,630 trading range support level in the first half of the European session. Friday’s upbeat US jobs report provides further evidence of a resilient labor market and forced investors to trim their bets on another aggressive rate cut by the Federal Reserve. This, in turn, was seen as a major factor undermining demand for the non-yielding yellow metal. That said, a softening US dollar (USD), coupled with the risk of further escalation of geopolitical tensions in the Middle East, could provide some support to safe-haven gold prices. Traders may also refrain from placing aggressive bets ahead of the release of the FOMC meeting minutes on Wednesday. Additionally, the US Consumer Price Index (CPI) and the US Producer Price Index (PPI), scheduled for release on Thursday and Friday, will provide fresh impetus to XAU/USD. Technical analysis Gold price is pushed up to 2647 before the US session. Attention price zone 2649-2651. When the US session enters, the price cannot break this zone, we sell to 2622-2611. In case this zone breaks, we wait for retes BUY in the 2643-2645 zone, target today 2660. Wish you successful trading with the strategy and important price zones that I have noted.
OANDA:XAUUSD
by TVS-Trader
Gold fluctuates at high levels, bullish resistance is still largGold intraday trend: 1. It is still likely to fall below 2640 during the day. If it reaches, it will easily break through and support the previous low of 2632. 2. The volatility has not changed. The market is not likely to continue. Both long and short positions can participate. 3. The upper resistance is still at 2660. There were 4-5 negative daily corrections in the previous volatility. The correction time has not reached the limit, so don’t worry about over-adjustment. In terms of price, the high point has only retreated 40-50 US dollars, which is a small range. Short-term operation: BUY: 2640 Target: 48---50 SELL: 2660 Target: 2645----40
TVC:GOLD
by David_strategy
Gold Wyckoff AnalysisGold's been on a stellar run with a strong campaign initiated at the start of September which broke out of a beautiful Wyckoff accumulation on the much higher time frame BUEC. Overall still very bullish for gold over the next 18-24months. In the current price action we've had a strong push up from $2,590 where we have found a new trading range. We had a potential spring event that failed to breakout which shows some weakness in the market right now suggesting more of a distribution/selling/profit taking event. Since this spring the range has tightened and tested both extremes of the range at the purple circles indicating no real support either way to rally further or sell of. The volatility is suggesting selling activity however we will not know until the range is completed. This smaller range can also be a test of the potential spring event Expecting the market to show us an answer over the coming days as price continues to contract in a bearish fashion however this can still always mean 2 things, that 1. sellers are exhausted or nearing the end of taking profits and demand is strong or 2. demand is weakening Now looking for another potential spring event that dips below the prior one, if this shows any weakness and fails its going to be a sharp quick drop to the next high volume node at $2,580. Trading opportunities to go long will be in the green circle in which will be a faster reversal given the location as this would also represent another higher time frame test of the consolidation breakout that happened at the start of September or At a successful spring event test back in the range. or The failure of a spring event not able to reclaim the range and going short to the next high volume node in the green circle.
ICMARKETS:XAUUSD
by littlebakes
2
10.8 Analysis of short-term gold operationsIn the early Asian session on Monday (October 7), spot gold fluctuated in a narrow range and is currently trading around $2,640/ounce. Gold prices fell slightly after violent fluctuations last Friday, closing at $2,652.64/ounce, as the stronger-than-expected US employment report poured cold water on the Fed's expectations of aggressive interest rate cuts in November, boosting the dollar to a high of more than one and a half months, and US bond yields also rose sharply to a high of nearly two months, overshadowing risk aversion concerns over the tense geopolitical situation in the Middle East. Technical level: 1: In 4 hours, BOLL shrinks, the range shrinks, and the range shrinks to the 70 range of 2642-26; in terms of indicators, the stochastic indicators and MACD indicators are all blunt, and the signals are unclear; in terms of form, it is a horizontal pattern, which is not the top high point; 2: In the daily K, the stochastic indicator crosses downward, which is a bearish adjustment signal; in terms of form, the time-for-space pattern, the market is relatively resistant to decline; the central axis gradually moves up, and the current track support of the central axis is around 2590, but it is expected to rise to around 2600;
TVC:GOLDShort
by David_strategy
1
GOLD ROUTE MAP UPDATEHey Everyone, Great start to the week with our chart idea playing out as analysed. We got the Bullish target hit at 2655 and then no ema5 cross and lock above the level confirming the rejection. You can see the ema5 turning just before the level to perfection confirming the rejection foe the move down. We are looking for support above 2633 to confirm rejection for another re-test above at 2655 or a cross and lock below 2633 will open the range below. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next 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 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 2655 - DONE EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET 2674 BEARISH TARGETS 2633 EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2611 EMA5 CROSS AND LOCK BELOW 2611 WILL OPEN THE SWING RANGE SWING RANGE 2586 - 2558 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
9
Gold: May fall to 2625.00 - 2632.00 (READ DESCRIPTION)Gold: May fall to 2625.00 - 2632.00 Pivot Point: 2658.00 This level serves as a key resistance. As long as Gold remains below this point, the downside is expected to dominate. Primary Strategy (Our Preference): Entry Point: Take short positions below 2658.00 with the following downside targets: Target 1: 2632.00 The first support level where the price might find temporary relief. Target 2: 2625.00 A continuation of bearish momentum could push the price towards this lower support level. Alternative Scenario: Entry Point: If Gold breaks above 2658.00, expect the following upside targets: Target 1: 2664.00 The price may rally toward this level if bullish pressure picks up. Target 2: 2670.00 A further break above 2664.00 could lead to an extension toward this higher level. Technical Outlook: Resistance: The resistance at 2658.00 is a key level. As long as it holds, there is a high probability that Gold will continue to move lower. RSI Indicator: The RSI is below 50%, indicating bearish momentum. As long as the RSI stays below this neutral zone, the downside risk is elevated. Market Sentiment: The overall sentiment suggests a bearish bias. As long as 2658.00 remains intact as resistance, look for downward pressure towards 2632.00 and possibly 2625.00.
OANDA:XAUUSD
by CharivapaAlgo
Non-farm data is mixed, gold peaks in the short termThe non-agricultural data on Friday went up and down, and it was neither rising nor falling. The 4-hour moving average is sticking together, and it seems that it will break through this week and usher in a big market. Gold has not reached its peak at all, and the 4-hour cycle is still one wave higher than the other. The only bad signal is that the 60-day moving average of the 4-hour cycle has been broken. We can see that in the previous wave of $150 increase, gold did not touch this moving average at all. This signal must be paid attention to. The K-line signal is still bullish, and this wave of triangle consolidation is about to change. Technically, gold has not reached the top yet, and gold has one last rise. Intraday short-term trading strategy: Gold 2665 short stop loss 2670 target 2645---40 Gold 2633 long, stop loss 2623, target 2655---60
TVC:GOLD
by David_strategy
1