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Goldusd

Sell into the previous support on Gold.Gold - Intraday - We look to Sell at 1713.15 (stop at 1726.30) Following yesterday's bearish candle, the overall trend lower looks set to continue today. The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Resistance is located at 1713.50 and should cap gains to this area. Resistance could prove difficult to breakdown. Preferred trade is to sell into rallies. Our profit targets will be 1679.91 and 1670.00 Resistance: 1713.50 / 1760.00 / 1800.00 Support: 1680.00 / 1600.00 / 1350.00 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:XAUUSDShort
by OANDA
Gold Trend 14/09Gold pulled back near the 1-week high yesterday. The day began at 1724. and the price was bounded by 1720-30 during the early Asian and European sessions. Once the US released its inflation figures, the price broke out from the uptrend channel(1) and dipped to the day low near 1697. The day eventually ended at 1701, down by USD 23. Although gold fell more than USD 20 yesterday, it still maintains its position within the 1700-30(2) range in the 1-hour chart. If an S-T rebound began in early trading, the upside target could be set at 1709(3). The selling has yet to show signs of slowing down on the daily chart. The price may test again at the bottom of the range(4) near 1690, later in the European or the US trading sessions. S-T Resistance: 1720 1715 1709-10 Market price: 1700 S-T Supports: 1697 1690 1680 If you like our work, kindly give our team a thumbs up. Feel free to leave a comment; let us know what you think! P. To
TVC:GOLD
by 1uptick
Gold : Intraday Technical AnalysisThe yellow metal is in a choppy trend for the past few days with a high of 1730 with minor breakouts to 1735 and a low of 1700 with breakdowns to 1690. My idea for today is that gold will test its support zone of 1705 to 1690 from where it will make a rally towards 1730 and 1750. The support of 1720 is also playing a key role as it is lying in the golden zone on intraday time frames. My target is entry after confirmation of support at 1700-1705 with an intraday target of 1730 and swing target of 1750. If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics.
OANDA:XAUUSDLong
by JBShark
Gold : Intraweek Technical AnalysisThe Gold tested the support of 1700 multiple times in past two week. The next hurdle which is stopping the gold from making a proper upside move is the FED interest rate announcement at the end of this month. If the interest rate is as per the market expectations then we can see an upside rally towards 1800. Currently gold is in a rangebound zone of 1700 to 1730. My idea for next week is to take long positions around 1700 with target of 1720 and 1725. Aggressive traders can take both long and short positions at 1700 and 1725 after confirmation of rejection of support and resistance levels. If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
OANDA:XAUUSDLong
by JBShark
GOLD (XAUUSD): Your Trading Plan For Next Week 🥇 Hey traders, Gold is currently stuck between two major structures composing a horizontal range on a daily. From one side, we have 1726 - 1736 horizontal supply area and from another, 1680 - 1689 horizontal demand area. The price is currently approaching the upper boundary of the range. To short from that with a confirmation, watch a rising trend line on 4H time frame. We need a 4H candle close below that to confirm the breakout. Then the market will most likely start falling. Initial target for sellers will be 1706 support. Alternatively, bullish breakout of the resistance of the range will trigger a bullish continuation to Resistance 2. Good luck next week, traders! ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
OANDA:XAUUSDShort
by VasilyTrader
12
XAUUSD Short to Major support before a long?Gold has been on a downtrend for 3 levels on the 4-hour chart as indicated in the red box above from 1800.932. Last week price reached a major level of support at 1692.235. Price gave a half batman reversal pattern on the 1hr and 4hr charts at this zone. Price went up to a minor zone marked in yellow, and has not broken that resistance. Price could go up from where it is, or it could continue down to major zone 1692.235 before carrying on the move upwards, If this major support is broken, we could continue the downtrend.
OANDA:XAUUSD
by faddy
GOLD bears still strong XAU / USD The price finally reached my major support Which I pointed before in my last idea , check here ⬇️ What Next ? The bears are stronger than bulls 1- By chart : printed big double top pattern 2- By fundamental : dollar index keep going up and bring all other assets down ! If major support of 1660$ broken the price will easly dropped to 1550-1525 and then 1400$ - 1350$ Invalidation for bears : breakout of violet color trendline resistance will help the bulls to push up again What do you think about Gold in next weeks ? Share with us in comment section below ⬇️
OANDA:XAUUSDShort
by Babenski
12
Gold Analyze (Double Bottom Pattern)🚀🚀🚀!!!Gold moved as I ✅expected✅ in my previous post about Gold. Gold is making Double Bottom Pattern in the Heavy Support zone. At the same time, Gold is breaking the descending channel. as a result, I expect that Gold can go up to a target of the double bottom pattern. Gold Analyze ( XAUUSD ), Timeframe 2H (Log Scale). 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 be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
TVC:GOLDLong
by pejman_zwin
14