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Xauusd1h

XAUUSD:Summary of the day Today, the opening price of gold is near 1940, the whole day oscillating market, after the afternoon data came out, the short-term pull up 8 dollars, but encountered strong resistance will soon fall below 1940, the follow-up focus on whether gold can stabilize 1940 line, the follow-up operation is mainly low! Today's profits are very small, I always believe in not trading until the data is out, that is no different from gambling! Join me and don't let procrastination and hesitation stop you from making money!
FOREXCOM:XAUUSDLong
by HectorBrown1
XAUUSD: Sell In the past three weeks, gold has been oscillating in the 1970-1930 area. Within this range, 1940, 1955, and 1969 have been tested repeatedly. Yesterday’s closing price was around 1958, which is considered to have broken through the resistance of 1955. However, in the 1h chart, the form of MACD is at a high level, with a downward trend, and the K-line arrangement has a head-and-shoulders trend. So in yesterday's trading, after the end of the short trading in 1961 and 1960, my strategy is still to short at high positions. Because if it forms a head and shoulders top pattern, then it must fall below 1950. Trading Signals: sell: 1958-1963 tp:1953-1938
FOREXCOM:XAUUSDShort
by Roey_
Gold trading recommendations today After a long period of volatility, gold finally fell below the daily moving average support. As long as the intraday rebound does not break through the pressure of 1945, it proves that the break is valid. Next, continue to short, and the pressure of 1945 should be shorted first! Gold fell unilaterally yesterday, and the 1950 empty order mentioned yesterday also fell and won a big victory! The current rebound is weak, the decline continues, and the rebound is still an opportunity to go short! From the trend point of view, gold seems to be still fluctuating in a large range, and there is no support for falling below the previous low of 1925! But at the daily line level, it can be seen that the moving average has turned down! Before that, the k-line was still running above the long-term moving average, but yesterday it broke directly! Trading straregy: gold: sell@1945 tp1:1920 tp2:1900 Next, there will be a lot of trading opportunities for gold, and I will provide you with more signals, don't miss the opportunity to make money!
FOREXCOM:XAUUSDShort
by Kent_Garcia
1
XAUUSD:Fundamental analysis The current U.S. debt ceiling is 31.4 trillion U.S. dollars, which is approximately equivalent to 120% of the country's annual economic output.In January this year, U.S. debt hit this ceiling.Due to the pressure caused by falling taxes, if Congress fails to raise the federal government's debt ceiling, the United States may default on its debt as early as June 1.U.S. President Joe Biden met with U.S. House of Representatives Speaker McCarthy at 5:30 a.m. on the 23rd to discuss the debt ceiling issue. The market is currently waiting for an effective result.In addition, the market continues to pay attention to changes in the situation in Russia and Ukraine.On May 23, key data to pay attention to: the revised monthly rate of construction permits in the United States in April, and the initial value of the Markit manufacturing PMI in the United States in May. Accurately grasp every trading signal, help friends who trust me, and realize freedom of wealth
FX:XAUUSDShort
by UnknownUnicorn55305536
XAUUSD:Trading straregy Through the analysis of the golden hour chart, we know that the market rebound was unable to rise and fall, and once reached the 1951 line to stop falling and rebound. At present, it is still in the process of rebounding slightly. From the perspective of the overall trend, it was affected by the data in the evening and fell below the support level of the 1969 line. However, we can see from the attached picture above that the main force of the bulls showed a Jedi counterattack signal for the first time and the rebound was weak. The overall performance failed. The Jedi counterattack signal appeared again last night, indicating that the bulls have a strong willingness to rebound. It has become a pressure. In the short term, we will continue to operate at high altitudes and low multiples. The specific suggestions are as follows: Gold:sell@1965-1970 tp1 1955 tp2 1945 buy@1945-1950 tp1 1960 tp2 1965 The timing of entry will be notified later, please stay tuned!
FX:XAUUSDShort
by UnknownUnicorn55352658
2
XAUUSD: sell Shorting gold has brought us huge profits! I observed the 1h chart and found that its current resistance level is 2013-2016, and its shape is very beneficial to short positions. If it wants to form a reversal and restart the long form, it needs to fall below 1996, with oversold or MACD bottom divergence the form of the stock market will rise again, so that it can have strong strength and continuity to counterattack. So my trading view is still short. Trading Signals: sell: 2009-2016 tp:1992-1985 sl:2018 Traders, I hope my signal can help you make money, if you like it, please support and follow me!
FOREXCOM:XAUUSDShort
by Roey_
Gold: Tuesday Trading Plan 25/04Gold price opens today positively to breach 1992.20 and settles above it, to hint stopping the bearish correction, but we notice that the EMA50 forms good resistance against the price to stop the positive trades, while stochastic loses its positive momentum clearly to show overbought signals Therefore, we believe that the chances valid to resume the bearish bias but before that price needs to break 1977 again to confirm heading towards 1965 & 1956 as a next correctional target, taking into consideration that consolidating above 1977 will stop the negative scenario and lead the price to regain the main bullish trend again and will head towards 1987 & 1995 with extension of 2003 Best of luck
FX:XAUUSDShort
by AdilHussain731333
Gold: Monday Trading PlanGreetings Fellow Traders: Gold price managed to break 1992.20 level and closed last week below it, to support the continuation of the correctional bearish trend domination on the intraday basis, opening the way to head towards 1956.00 as a next main target, noting that breaking this level will push the price further down Therefore, we are waiting for more expected decline in the upcoming sessions, supported by the negative pressure formed by the EMA50, taking into consideration that breaching 1987 may stop the negative scenario and lead the price to attempt to regain the main bullish trend again towards 1995 & 2005
FX:XAUUSDShort
by AdilHussain731333
1
Gold will usher in a sharp decline Gold continued to be blocked near 1986 when it was close yesterday, and it did not break through today. The lower support continued to test around 1961, and it has already been pierced. It is expected to rebound to around 1970 and then pull back again. At the same time, it will fall below the support near 1960 bit. When the market falls below the support around 1960, this position will become a resistance level, and the next support will appear around 1952, but this support is not a strong support level. The strong support is around 1933, which was continuously blocked before the rise. Therefore, the target of short gold orders this time can be seen below 1937, pay attention to the changes in support/resistance, I will continue to track market changes, and share my trading strategies at any time, please pay attention to check!
FXOPEN:XAUUSDShort
by EagleEyeStrategy
GOLD: Will it hit a new low with NFP approaching?As we approach Friday, it's clear that the impact of the US non-farm payroll data for February is significant. Powell's emphasis on accelerating interest rate hikes during his monetary policy testimony to the Senate on Tuesday resulted in a sharp decline in the price of gold. Powell reiterated his stance on Wednesday, stating that he would focus on economic data and use it as a reference for making decisions on monetary policy. Clearly, the upcoming release of the US non-farm payroll data for February is an important factor for decision-making. The current swing position of gold at 1835 points is likely to move in one direction after the data is released. Regarding the outlook for gold, personally, I believe it will decline as the current price is near 1835. Looking at the chart, the current downtrend from 1858 to 1810 places 1835 exactly at the 50% retracement level. After the sharp decline, there will be a proportional rebound, followed by a new low, as predicted earlier. This trend is currently in line with my previous forecast. Therefore, I judge that as long as the US dollar does not fall below 105, it will be challenging for gold to rise above 1835. It's highly probable that 1835 will be the high point of this rebound, and gold will fall back from this point. Therefore, operationally, it is necessary to maintain a bearish trend. Short positions may be taken at the existing range of 1835-1830, with a stop loss at 1840. If the data is positive for gold and it breaks and stabilizes above 1840, there will be no need to take a bearish position. Operational strategy: for the aggressive, short at 1835-1830, with a stop loss at 1840. For the conservative, wait for the data to be released before considering a position. COMEX:GC1! MCX:GOLD1! BIST:XAUUSD1!
FX:XAUUSDShort
by investmentMr-X
10
GOLD: A head and shoulders top is about to form?When it comes to investing, don't expect everyone to understand you. Even if you do well, not everyone will like you, and even if you do a lot, not everyone will approve. After all, others care about the results and not the difficult process you went through. The same mouth can say different things, the same eyes can see different perspectives, and the same heart can have different thoughts. People can only do their best and have confidence in themselves. We need to understand that the investment market does not sympathize with the weak and does not believe in tears. Like a hawk soaring in the sky, it doesn't need applause. Like a blade of grass growing in the field, it doesn't need anyone's pity. Like a wildflower blooming in a deep forest, it doesn't need anyone's admiration. When it comes to doing things, we don't need to make others understand us; we just need to do our best. When it comes to investing, we don't need to seek others' approval; we just need to be true to ourselves. In trading, we need to have integrity and treat others with kindness. Fundamentals On Monday, spot gold retreated from its two-and-a-half-week high earlier in the day due to approaching risk factors such as Powell's speech and non-farm payroll data, while the US dollar index fluctuated downward. The yield of the US 10-year Treasury bond showed a V-shaped reversal, and the US market rebounded to recover the intraday decline. In addition, a global benchmark loan rate, the 3-month US dollar Libor, surpassed 5% for the first time since 2007. Currently, looking at the hour chart of gold: technical side Gold failed to break through 1860 on Monday and continued to decline. It has now fallen below the key support level of 1845. 1845 is a key support and resistance level that marks a turning point. Currently, with the break below 1845, it is highly likely that the market will move towards the support level of 1830. Originally, gold was following a wave-like rhythm, with 1845 marking the top of wave one. If gold is to continue its upward momentum, 1845 must not be breached. However, with the current break below 1845, the wave-like rhythm is no longer applicable. Therefore, it is highly likely that gold will form a head and shoulders pattern, with a decline to the 1830 support level, a rebound to 1845 to form the shoulder, and then a direct drop below 1830. Furthermore, the 4-hour chart of gold has already shown a sequence 6, indicating a high probability of further decline. On Sunday, I gave a bearish view on gold for this week, which has proven to be accurate. You can refer to this article, which I believe will be helpful to you. (click image to view full policy) Trading strategy: Currently, it is recommended to open a short position at 1845-46, with a stop loss at today's high point of 1852, and a target of 1830. COMEX:GC1! MCX:GOLD1! BIST:XAUUSD1!
FX:XAUUSDShort
by investmentMr-X
14
GOLD: Exhaustion of momentum, preparing to short Yesterday X made it clear that the impact of news is only short-term, and once the momentum is exhausted, it will return to its original pace. As of now, this view is correct. The current market trajectory has begun to gradually recover, which will also be helpful for predicting future trends. Since the market has gradually started to recover and entered its original running pace, the trajectory of the US dollar index will also be relatively easier to predict, as the overall direction is still bullish, while GOLD is mainly bearish. On the operational front, gold has shown some pressure, but there is still a certain demand for upward probing in the market. Therefore, we consider taking a short position on rallies and suggest the following plan based on the market situation: seize opportunities to trade when the market offers them, and wait and observe when it does not. We recommend shorting in the range of 1844-1845, setting a stop loss at $3, and targeting 1841, 1837, and 1832, respectively. Furthermore, considering that today is the release day for initial jobless claims data, there are uncertainties.So pay attention to controlling positions. BIST:XAUUSD1! COMEX:GC1! MCX:GOLD1!
FX:XAUUSDShort
by investmentMr-X
1
Gold (XAUUSD) trading commentary on February 28, 2023Spot gold fell on Monday to $1,806.50/troy ounce, a new 2023 low. However, the US Dollar lost its positive momentum during European trading hours, helping XAU/USD bounce The current $1,819.00 price zone. The greenback's strength in the weekly open was the result of Friday's rally, the latter of which was triggered by higher-than-anticipated inflation figures. The XAU/USD pair maintains modest gains on the day, although it has lower highs and lower lows compared to Friday, which maintains the bearish bias. Technical indicators in the daily chart lack directional strength but are in negative territory, in line with the mainstream downtrend. At the same time, the 20 Simple Moving Average (SMA) picked up bearish momentum above current levels, reflecting the strength of sellers. Finally, the 100 SMA has lost its bullish slope and is now hovering around $1791.20, providing dynamic support. In the short term and according to the 4-hour chart, the risks are clearly tilted to the downside. XAU/USD has met with intraday sellers around the firmly bearish 20 SMA, while the longer moving averages are strongly southerly above it. At the same time, the Momentum indicator stands directionlessly just below its 100 line, but the Relative Strength Index (RSI) indicator has continued to decline, heading south at around 40. Support level: 1,806.50 1,791.20 1,784.60 Resistances: 1,821.60 1,834.00 1,845.99 Trading recommendation: Buy soup at the price range 1796 1797 Stop Loss: 1794 Take profit 1: 1806 Take profit 2:1810 Take profit 3: 1820 Canh sell at the price range 1825 1824 Stop loss 1827 Take profit 1: 1810 Take profit 2: 1807 Take profit 3: 1800 Note: Always set TP and SL in all trading cases If you have any questions or support, please leave a comment
OANDA:XAUUSDLong
by DNAchampions