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Xauusd4h

XAUUSD: 2300+ PIPS Trade Idea in Making! Gold price rebound to 2365$ area before started to drop again, price reverse from a solid imbalance zone where price rejected strongly. After carefully, looking at the price behaviour it is likely to have a strong drop on gold prices in coming days. We expect price to continue dropping down until it reaches 2280 region where a strong reversal/rebound can be expected. So good luck and trade safe. **if you like our ideas then please do like,comment and follow for more.**
OANDA:XAUUSDLong
by Setupsfx_
26
#XAUUSD: As we planned, everything is moving as expectedDear Traders, As we explained in our previous charts that gold will rebound from 2290 region and price did exactly as we expected. Now we expect price to continue the bullish momentum up until 2500$ region, which will be our long term entry. There are major economical data on our way in this week also next week, those may impact the future trend of the Gold. However, we remain firm with our positions. **If you like our work please like and comment, follow for more such educational content**
OANDA:XAUUSDLong
by Setupsfx_
4
XAUUSD:If you are long or short, what should you do next? As of today, gold has not fluctuated much, and the resistance is mainly concentrated near 2336. From the chart, there are signs of head and shoulders. If formed, the next low point should be around 2312-2307. In terms of trading ideas, maintain low longs for the time being. What needs to be paid attention to at present is the support of the range of 2321-2317, which can be used as the area to start longs with moderate risk. Because if the market falls to around 2307, the probability of rebounding is relatively large, and the resistance of the rebound will also appear near 2318. Then the long orders added in the range of 2312-2307 will give some profits, and the longs near 2320 will suffer a small loss, but overall the transaction will end with profit. Another strategy is to start short trading directly. If the support is effective, you can add orders in the range of 2336-2346, because from a medium-term perspective, I still tend to be short-selling, and the target is maintained in the area near 2268. Therefore, no matter whether you are currently holding long or short positions, you don’t need to worry too much. As long as the account funds are sufficient, you can end up with a profit. If you have any other questions, you can leave me a message.
FOREXCOM:XAUUSD
by Allen_Ex