Short gold directlyGold's 1-hour moving average is still in the form of a dead cross, and gold fell back again after rising high, so gold is now beginning to fluctuate. Although gold broke through the 3367 line, gold did not stand firm after the breakthrough. For the time being, gold is still fluctuating in a wide range.
Xausudshort
Gold adjusts at a high level, continues to be short on rebound
Gold risk aversion eased, and gold fell directly. After gold fills the gap, if gold cannot continue to rise, then the gold shorts will continue to exert their strength. The current gap resistance of gold is at 3382, but the market is volatile now. If the gap is filled, gold may have momentum to repair in the short term, so you can pay attention to the suppression of 3400.
Trading ideas: Short gold near 3400, stop loss 3410, target 3370
Gold is now far away from the moving averageGold's 1-hour moving average continues to cross upward bullish divergence, and the gold bullish volume is still there. After breaking through 3400, gold has basically stabilized at 3400. Gold has also tested the support near 3405 several times in the US market. Gold continues to stabilize and rise. However, gold is now far away from the moving average, and we must always pay attention to the adjustment of the high position. Gold is watching the pressure around 3461
Gold is strong, wait for a pullback to go longThe 1-hour moving average of gold has formed a bullish arrangement with a golden cross upward, and gold is now supported near 3100. If gold can stand firm at 3100 after the data, then we can continue to go long on dips.
Trading ideas: Buy gold near 3100, stop loss 2990, target 3130
Gold 3055 is very important!gold chose to break upward and is currently trading around 3043. For the next market, Monday's high of 3055 is very important. If gold stands above 3055 again, then the hourly chart will be a double bottom pattern, and the next rebound target will continue to advance towards 3115. On the contrary, if it cannot stand above 3055, then the market is still expected to fall back!!!
Gold has won two consecutive games, continue to short?Gold continued to be in a dead cross downward short position at 1 hour. The strength of gold short positions has not diminished. Gold fell near the resistance of 3017, and the gold moving average resistance has now moved down to near 3021. After gold rebounds, it is still mainly short selling.
Trading ideas: short gold near 3015, stop loss 3025, target 2990
The above is only a sharing of personal opinions and does not constitute investment advice. Investment is risky and you are responsible for your profits and losses.
Gold is still weak, rebound can still be shortedThe 1-hour moving average of gold still continues to cross downwards, and the strength of gold shorts has not weakened; gold rebounds are still mainly short selling. Although gold rose after covering the gap for one hour, the upper shadow line soon fell. Gold is still weak overall, and gold is under pressure near 3050 in the short term.
Trading idea: short gold near 3042, stop loss 3052, target 3022
The above is purely a sharing of personal opinions and does not constitute trading advice. Investments are risky and you are responsible for your profits and losses.
#XAUSUD: Small Time Bearish Correction With Three Take Profit! After reaching a record high of $3,150, the XAUUSD currency pair has experienced a decline. Analysis conducted over the past few hours has led us to anticipate that the price may experience minor corrections within a short time frame.
Upon analysing the data and price movements, we have identified three distinct zones or targets that could serve as potential price levels for the XAUUSD pair.
For further insights into chart analysis, please consider liking and commenting on our content. We appreciate your continuous support.
Sincerely,
Team Setupsfx_
How will gold perform after the super rollercoaster market?Gold's 1-hour moving average still shows signs of turning downwards. Although gold bulls have made a strong counterattack, it is also because of the risk-aversion news that stimulated a retaliatory rebound. However, gold continued to fall after rising, and gold began to return to volatility. In the short term, gold is supported near 3100. If gold falls below the support near 3100 again, then gold shorts will still have an advantage in this war. Overall, the impact of today’s non-agricultural data is expected to be dim. What is more important is the stimulation of the news. However, it may be noted that if gold holds the 3100 mark for a long time, then gold is expected to fluctuate upward above 3100.
Trading idea: short gold near 3115, stop loss 3125, target 3100
The above is purely a sharing of personal views and does not constitute trading advice. Investments are risky and you are responsible for your profits and losses.
Wait for gold to fall back to this position to go long.3.11 The gold daily line continues to maintain a strong trend, and there is no sign of peaking for the time being. However, it has been rising for 9 consecutive days. In terms of time, the probability of adjustment this week is relatively high. The current unilateral moving average support is at 2158 and 2120. If it falls below, we can see the strength or the trend change. The support points of the 4H unilateral moving average are at 2172 and 2165. The Asian market has surged higher and fallen back. The lower part will focus on the two points of 2172 and 2165 for more support. There is some radicalness around 2172. It is safe to wait for the support near 2165 to continue to do long. The upper part will continue to look around 2190.
Operation suggestions: xuausd buy2165, TP2190;
3.12XUAUSD retracement layout mainly for long orders3.12 Gold's daily closing Yang Xian Doji is no longer so strong. Before there is an obvious reversal signal, it still tends to be low and long. Today, we will focus on the CPI data.
Today's trading advice: short and long near 2165, stop loss protection of five points, target 7-15 US dollars; choose an opportunity to go short near 2186~90 at the top
Gold Time for a downtrend? ( Trade Ideas ) After a week of a downtrend, gold now is on the verge of breaking another support near the 2020 price area, there is a lot of opportunity for the short traders to make a massive profit from the bearish trend. However, these are one of the following criteria that short traders need to wait for before making a decision :
1. Gold needs to break below the 2020 price at least or make a bearish candle formation below the support to convince the short position and less risk.
2. A failure to break below the price will only make the pair test the resistance area of 2025-2027 and a solid bullish formation can send the pair flying towards 2037.
Disclaimer: Please follow at your own risk, and make sure you are following your own SOP before entering the forex market.
Today’s non-farm payrolls are good for gold! ! !Looking back on yesterday:
USD/JPY fell nearly 300 points in the short term
The U.S. dollar index DXY fell 53 points in the short term
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The above data pushed gold up in the short term by US$9 to around 1830, but it never remained at 1830 and fell back to around 1820.
Today's non-agricultural data Zenobia forecast is positive for gold.
Trading plan for today:
XAUUSD Buy1815 TP1830
Sell1835 TP1820
XAUUSD GOLD ICT trading concept Hey there guys
this trading concept is called ICT and its made by Michael
it's one of the best and high probability trading systems and I'm really into it
as you can see we have an order block candle on the left so we can set our sell limit position on that price
the stop loss should be above the swing high
I recommend you do not risk more than 0.5 % per trade; in this case, our risk to reward is one to two.
I hope it works
OANDA:XAUUSD
Gold Breakdown analysis 04/03/2023Dear traders gold was up trend and it still in cosolidation after breaking below 1974 it may retest this area so I expect gold if he reject 1966 and still above this zone it will be chance to look for buy and if he reject resistance at area 1979 and close below it will be change to sell target will be long trade safe
Good luck
GOLD is in possible sell zone!!GOLD has broken the market structure and has broken out of the support zone on the 4H timeframe. As the long-term trend is down, it is a high probability that GOLD will continue to drop. On the retest of the previous support as resistance, a selling opportunity may arise.
Please press the like button if you enjoy the idea :)
Gold, Shorts!Gold shorts with targets shown on charts (XAUUSD).
Technical signs suggest that this pair is slated for a period of downtime of between three weeks and three months.
A significant movement in the first or third wave down would not be unexpected!
Perform your DD! There is nothing carved in stone here.
Happy trading!
GOLD Short below 1770Potential shorting opportunity for gold
the Head and Shoulder is developing on H1 and it has also tested previous weekly lows ,
Once the H1 closed below neck Potential neckline 1770 on the re-test of neckline can take us to the short side
first TP of 1755-58 zone .
its only valid its break below neckline 1770.
If you like the idea plz comment and share with other.