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strong growth, surpassing 3000 today🔔🔔🔔 Gold news: ➡️ Recently, some US officials have shown little concern over Wall Street's response to the Trump administration's trade policies. US Treasury Secretary Scott Bessent clarified that his remarks last Friday about a “detox period” did not imply that a recession was inevitable. In contrast, US Commerce Secretary Howard Lutnick stated that a recession would be a worthwhile trade-off to advance the administration’s policy agenda. These statements reassured investors, leading to continued selling in US equities while driving demand for safe-haven assets such as Gold and the Japanese Yen (JPY). Personal analysis: ➡️broke the old peak, currently fomo from the big market, ready to surpass 3000 today Use Fibonacci Retracements to Find Psychological Resistance Zones Plan: 🔆Price Zone Setup: 👉Sell Gold 3000 – 3003 ❌SL: 3008 | ✅TP: 2994 - 2985 - 2970 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
11
XAUUSD:Trading Strategy for Next WeekAfter a significant rally, it is reasonable for the gold price to experience a short-term pullback and adjustment. In the short term, the bullish trend of gold has not been reversed. diverging upwards in a bullish manner, indicating that the bullish momentum of gold remains intact. Unless the moving averages start to turn downwards next week, the bullish momentum of gold may be affected. The support level of the gold moving averages has now shifted up to around $2,968. Next week, one can continue to go long on gold at dips above $2,968. Continue to pay attention to the resistance near the high of around $3,005. Suggestions for gold trading operations next week: buy@2970-2975 SL:2963 TP:2998 I always firmly believe that profit is the sole criterion for measuring strength. I will share accurate trading signals every day. Follow my lead and wealth will surely come rolling in. Click on my profile for your guide.
FOREXCOM:XAUUSDLong
by LeoBlackwood
Analysis of the Gold Price Trend Next WeekThis week, the spot gold price witnessed a breakthrough market trend. Influenced by the continuous gold purchases by central banks of multiple countries, the heightened global economic uncertainties, and the expectations of trade frictions, the gold price soared to as high as US$3,005 per ounce at one point, reaching a historical high. Although the short-term overbought signals and the pressure of profit-taking may trigger market volatility, the long-term bullish pattern has already been established. The key resistance level on the daily chart is at 3025, which is the combination of the previous high and the 2.618 Fibonacci retracement level. The support level below is at 2956, which is the recent level where the top has transformed into the bottom. The hourly chart shows that during the U.S. trading session, the price correction only reached 2978 before gaining support. If the price stabilizes within the range of 2970 - 2975, there will still be short-term upward momentum. Suggestions for gold trading operations next week: buy@2970-2975 SL@2963 TP:2998
FOREXCOM:XAUUSDShort
by LeoBlackwood
Gold Surges Past $3,000 Amid Trump, Economic FearsThe glint of gold has intensified, piercing the $3,000 per ounce threshold, a symbolic milestone that echoes through centuries of economic and political upheaval.1 This surge, fueled by a potent cocktail of market anxieties and, notably, the amplified rhetoric of a potential Trump return, underscores gold's enduring role as a safe-haven asset and a barometer of global uncertainty.2 The psychological significance of breaching this key level cannot be overstated, solidifying gold's position as a timeless store of value in an increasingly volatile world. The current rally, while rooted in broader economic anxieties, has received a significant jolt from the political landscape. The prospect of a second Trump presidency has injected a fresh wave of uncertainty into markets. His often-unconventional policy pronouncements, coupled with the potential for trade disputes and geopolitical tensions, have created a climate ripe for gold's ascent. Investors, seeking to mitigate potential risks, are flocking to the precious metal, driving its price to unprecedented heights.3 Beyond the political sphere, persistent economic concerns are also playing a crucial role. Inflation, despite recent efforts to tame it, remains a lurking threat. Global debt levels continue to climb, and concerns about a potential recession linger. These factors, combined with the inherent instability of fiat currencies, have bolstered gold's appeal as a hedge against economic turbulence.4 Gold, unlike paper money, cannot be printed at will, offering a sense of stability in an uncertain financial landscape.5 Furthermore, geopolitical instability is a perennial driver of gold prices. Ongoing conflicts, simmering tensions between major powers, and the ever-present threat of terrorism contribute to a sense of unease that pushes investors towards safe-haven assets. The perception of gold as a reliable store of value during times of crisis has been reinforced throughout history, and the current global climate is no exception. The $3,000 milestone also serves as a potent reminder of gold's role as a gauge of fear in the markets.6 When investors are anxious, they tend to seek out safe havens, and gold has consistently proven to be a popular choice. The current surge in gold prices reflects a growing sense of unease about the future, both economically and politically.7 This fear, whether justified or not, is a powerful force driving market behavior. The technical aspects of the gold market are also contributing to the rally. The break above $3,000 has triggered a wave of buying, as traders and investors seek to capitalize on the momentum. This technical breakout could lead to further gains in the short term, as the market tests new highs. The sheer psychological importance of the $3,000 level also draws in investors who were previously hesitant to participate. However, it is crucial to recognize that gold prices are not immune to volatility. While the long-term outlook for gold remains positive, short-term fluctuations are inevitable.8 Factors such as changes in interest rates, shifts in investor sentiment, and unexpected geopolitical events can all impact gold prices.9 Investors considering gold as part of their portfolio should be prepared for potential price swings. The current rally also raises questions about the long-term sustainability of these high prices. While gold's fundamental drivers remain strong, it is important to consider the potential for a correction. Historically, periods of rapid price appreciation have often been followed by periods of consolidation or decline. However, the unique confluence of factors currently supporting gold prices suggests that the rally may have further room to run. In conclusion, the breach of the $3,000 per ounce mark is a significant milestone for gold, reflecting a confluence of economic, political, and psychological factors. The potential return of Trump, coupled with persistent economic anxieties and geopolitical instability, has created a perfect storm for gold's ascent. This surge underscores gold's enduring role as a safe-haven asset and a gauge of fear in the markets.10 While the future remains uncertain, gold's historical performance suggests that it will continue to play a crucial role in investor portfolios, offering a sense of stability in an increasingly turbulent world. The breaking of such a psychological barrier will also inevitably drive more speculative investment, and thus, drive the market further, at least in the short term. Investors should continue to monitor the global landscape and adjust their strategies accordingly, while recognizing the inherent volatility of the precious metals market. The allure of gold, however, remains strong, a testament to its enduring appeal as a timeless store of value.
OANDA:XAUUSDLong
by bryandowningqln
XAUUSD Analysis StrategyAs of now, gold has already broken through the 3000 level. It reached a peak of 3005 at its highest point and then pulled back for adjustment. From the analysis of the 4-hour gold trend, we should focus on the support level at 2956-2965 below, and the resistance level at 3005-3010 above. In terms of operation, we can mainly go long when there is a pullback following the trend. In the middle price range, it is advisable to observe more and act less, and be cautious when chasing orders. We should patiently wait for entry at key price levels. I will provide specific trading strategies during the trading session. Please pay attention in a timely manner. Gold trading strategy： buy @ 2956-2960 tp 2990-3000 If you're not satisfied with your current gold trading performance, and if you also need to get accurate trading signals every day, you can focus me. I hope I can be of some help to you.
FOREXCOM:XAUUSDLong
by George_Lester
GOLD SURGES TO RECORD HIGH – IS $3,000 JUST THE BEGINNING?📌 Market Overview Gold has surged to a new all-time high (ATH), approaching the critical $3,000 per ounce level. The rally has been fueled by recent inflation data (CPI & PPI), which has heightened market volatility. The US Dollar Index (DXY) has dropped to its lowest levels in recent months, further strengthening gold’s bullish momentum. As a result, investors are aggressively buying gold as a safe-haven asset amidst global economic and geopolitical uncertainty. 🚀 👉 Why is gold continuing to rise? Investors are piling into gold, despite record-high prices, as uncertainty continues to drive demand for safe assets. Donald Trump’s economic policies have added market instability, increasing gold's appeal. As long as the USD remains weak, gold will continue to be a top investment choice. 📊 Will Gold Break Above $3,000? 🔹 Short-Term Outlook: The Asian and European sessions are expected to remain bullish as investors continue accumulating gold. The US session could bring some profit-taking, leading to temporary price swings. Friday is historically volatile, meaning sharp pullbacks are possible before the week closes. 📉 Key Technical Levels to Watch 🔺 Resistance Levels: $3,000 - $3,019 - $3,039 - $3,052 🔻 Support Levels: $2,978 - $2,967 - $2,942 - $2,918 🎯 Trading Plan for Today 🔴 SELL ZONE: $3,039 - $3,041 📍 SL: $3,045 🎯 TP: $3,035 - $3,030 - $3,025 - $3,020 - $3,015 - $3,010 - ??? 🟢 SCALP BUY: $2,968 - $2,966 📍 SL: $2,962 🎯 TP: $2,972 - $2,976 - $2,980 - $2,985 - $2,990 - $3,000 🟢 BUY ZONE: $2,948 - $2,946 📍 SL: $2,942 🎯 TP: $2,952 - $2,956 - $2,960 - $2,965 - $2,970 - $2,980 - $3,000 - ??? ⚡ Final Thoughts – A Correction Before the Next Move? 📌 Gold continues its strong rally, but Friday could bring volatility as traders lock in profits. 📌 Stick to TP/SL strategies to manage risks and avoid sudden market swings. 📌 Watch the US session closely – major moves could happen! 💬 Will gold break $3,000 or face a sharp correction? Drop your thoughts below! 🚀🔥
OANDA:XAUUSDLong
by MMFlowTrading
4
The battle to defend the gold price of 3,000 points has begun. BThe gold market opened at 2988 on Friday, briefly surged to 2994 at noon, and then fell back to 2981. During the European trading session, the price of gold once again set a new record high, hitting a high of $3004 and then quickly fell back. It is currently fluctuating around 2998, waiting for guidance from the US market. The current upper resistance of gold is in the 3007-3012 range. If it successfully stands firm, it is expected to challenge the 3020 level. However, the battle to defend 3000 points has already begun, and it is expected that the gold price will be adjusted back in the evening. The lower support is stable in the 2982-2978 area. Once it breaks, it may test around 2960. On the whole, the evening operation recommendation is mainly to rebound and short. Evening operation strategy 1: It is recommended to go short at 2998-3004 on the rebound, with a stop loss of 3013, and the target is 2985-2975, and the target is 2960 after breaking through. Evening operation strategy 2: It is recommended to go long at 2960-2955 on the pullback, with a stop loss of 2048, and the target is 2985-3000, and the target is 3002 after breaking through.
PYTH:XAUUSDLong
by UptonCharlotte
New ATH will continue to form 3022 ! XAU ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold (XAU/USD) consolidates near its record high from the Asian session on Friday, trading within a narrow range. Investor concerns over President Donald Trump's aggressive trade policies and their potential global economic impact sustain demand for the safe-haven metal. Additionally, growing expectations of further monetary easing by the Federal Reserve (Fed) provide additional support to the non-yielding bullion. ⭐️Personal comments NOVA: The price trend is up, pay attention to the new ATH price zone 3022 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $3006 - $3008 SL $3011 scalping TP1: $3000 TP2: $2995 TP3: $2990 🔥SELL GOLD zone: $3021 - $3023 SL $3028 TP1: $3015 TP2: $3000 TP3: $2980 🔥BUY GOLD zone: $2958 - $2956 SL $2951 TP1: $2965 TP2: $2977 TP3: $2990 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDLong
by Nova-Scalper
2
Gold bulls are close to reaching 3,000After gold broke through the 2830-35 line, it started a bullish trend. I have always been bullish on gold. Friends who follow my articles can see that gold directly broke through the historical high last night and set a new historical high. Gold fell back and continued to rise. Gold is only one step away from 3000. The hourly moving average of gold continued to form a golden cross and diverge upward in a bullish arrangement. After gold broke through on Wednesday night, gold bulls were even better. Gold has now broken through its historical high. If gold falls back to the last high of 2956, it is an opportunity to buy on dips. However, strong markets often have a large decline. If the decline is too large, gold will weaken instead. Then gold can buy on dips when it falls back to 2965-70. The current decline of gold is an opportunity to buy. Gold 3000 is within reach, and it is expected to test and break through 3000 today. From the analysis of the 4-hour gold trend, we focus on the support of 2956-65 below and the suppression of 3000 above. In terms of operation, we can follow the trend to go long. Once a breakthrough occurs, we can continue to follow up in the later stage. In the middle position, we should watch more and do less, and follow orders cautiously, and wait patiently for key points to enter the market. Gold operation strategy: 1. Buy more when gold falls back to 2965-70, and buy more when it falls back to 2956, stop loss at 2949, target 2995-3000, and continue to hold after breaking through.
OANDA:XAUUSDLong
by EmmaSaxton
Gold 100% Profit SignalGold prices rose, hitting another record high as heightened tariff uncertainty and bets on the Federal Reserve's loosening of monetary policy kept the metal attractive. Spot gold rose 1.46% to $2,972.80 an ounce at press time, reaching an intraday high of $2,978.33, surpassing the previous record high of $2,956.15 set in February. Gold prices could soar to an unprecedented $3,500 an ounce in the third quarter as investors flock to safe-haven assets amid heightened geopolitical tensions. It is predicted that gold prices could average $3,150 an ounce between July and September. Concerns about a possible shutdown of the U.S. federal government also weighed on the market as Senate Democrats failed to agree on a temporary funding bill on Wednesday, adding to uncertainty. Meanwhile, the weakening of US inflation data further reinforced the market's expectations of a rate cut by the Federal Reserve. The US CPI data for February released on Wednesday showed that the overall inflation rate fell from 3% in January to 2.8%, lower than market expectations; the core CPI (excluding food and energy) rose 3.1% year-on-year, also down from 3.3% in January. This data boosted the market's confidence in the Fed's loose policy, and some traders even expected the Fed to cut interest rates by 25 basis points in June, July and October respectively. The rising expectations of rate cuts directly depressed US Treasury yields. Although the US dollar index rebounded slightly from its low since October 16, it still lacked strong momentum for a strong counterattack overall. This environment provides significant support for non-interest-bearing gold. Technical analysis of gold: On Thursday, gold in the U.S. market pushed upward and broke through the high. The price broke through the high of 2956 and then accelerated to rise. The current high is 2978. This position is 100% of the previous round of rise and expansion, which belongs to the resistance area. Pay attention to whether it can suppress the bulls. The amplitude after breaking the high is larger than expected. After gold broke through 2930 yesterday, gold bulls were strong, and no longer the same volatile market as before. Gold bulls began to exert their strength, and gold began to go long in reverse. Gold was directly long at 2933 today, and the article also directly and publicly suggested going long at 2933. Gold rose and harvested. Gold fell back to around 2940 in the U.S. market and continued to go long. Gold rose again and harvested. Gold went long in reverse and won three consecutive victories. In the short term, the current increase of more than 40 US dollars throughout the day is obviously very risky. Going long is also against the trend. The trend belongs to the bulls. The 1-hour moving average of gold continues to cross upward and the bulls are arranged and divergent. The gold bulls are in high spirits. Today we have been emphasizing that gold falling back to 2930 is an opportunity to buy on dips. The gold bulls will become more and more fierce. Gold will rise directly when it falls back to 2939 in the US market. The US market directly breaks the historical high of 2956. Then gold will continue to buy when it falls back to 2956 in the future. Gold is likely to hit a new record high again and go to 2985. Gold has now broken through the shock range, so there is obviously a trend change. Then the only way is to follow the trend and go long. Going with the trend is light and fluttering, and going against the trend is messy. On the whole, the short-term operation strategy of gold today is recommended to focus on callbacks and short rebounds. The short-term focus on the 3000-3010 resistance line on the upper side and the short-term focus on the 2975-2965 support line on the lower side.
OANDA:XAUUSD
by EmmaSaxton
Strong rise to test 2956 again?Before gold broke through the suppression of 2930 yesterday, gold fluctuated, but we have always emphasized that the fluctuation should follow the previous trend. It is also difficult to fall, and every fall is an opportunity to go long! Will there be a new rise today? The low point of 2880 on Monday this week has temporarily become a long defense position, no matter from which angle. If you are bullish, you must rely on this position to defend and look up. The daily line is a big sun, but there are still two mountains to climb, one is to break through the high point of 2956, and the other is to go out of the continuous trend Today, we need to pay attention to when the price will retreat to give us a chance to get on board, and whether it can break the high when it rises again. This is also the key to judging whether the bull market can continue. If the price fails to break the high next time it rises, but it still rises, it will fall into a high-level consolidation. We will make arrangements for this after we go long later. As for today, if the price does not change much, then the 2956 high point suppression is the key point, followed by the support of the top and bottom conversion of 2930! 2956 does not break the air, defend 2962, and the target is 2935-30! For long orders, look at the support near 2930 to enter the market at an appropriate time!
OANDA:XAUUSDLong
by EmmaSaxton
Gold market trend analysisGold trend analysis: Gold price broke through the suppression level of 2930 last night, and there was a correction in the early morning. The correction was also above 2930 and then rose. As of the time of writing, the gold price was trading around 2941. Although the previous shock range broke upward, today we need to pay attention to whether the gold price can test the previous high of 2956, and secondly pay attention to the support of the resistance-to-support level of 2930, mainly because the recent rhythm is that there is no continuity in the rise and fall. From the hourly level, the gold price broke down to 2880 at the end of Monday, and recovered the decline at the opening of Tuesday, and crossed the previous day's high, so this upward breakthrough also needs to pay attention to the situation of the correction. After 2930 is broken, the next resistance can refer to the previous high of 2954. The short-term support below is 2930, followed by the position of 2906, which has been repeatedly corrected on the way up. Since the gold price has broken upward, today's trend will be extended to wait for the correction to go long, and the second is to go short after touching the previous high to see a wave of correction. If the European session directly corrects and falls below 2930, then adjust the thinking to execute the high short to see 2906. 1. In the early trading, if the price falls back to around 2828, take a long position with a light position and look at the upside, protect the position of 2820, and target around 2945; 2. If the price fluctuates around 2940 in the early trading, then you can directly go long in the European trading and look at the upward trend, protect 5 points, and target around the previous high of 2956; 3. If the upward trend continues in the early trading, short at 2956 and look for a retracement, protect 5 points, and target 2940; 4. If the price falls below 2920 in the European trading, then adjust the thinking to rebound and short, and analyze this in the future market.
OANDA:XAUUSD
by EmmaSaxton
Gold Trading SignalsTechnical analysis The daily chart shows that the price of gold showed a "V-shaped reversal" after the release of the CPI data, closing positive for three consecutive days and standing firm at the support level of $2,926. The MACD indicator is golden cross upward, and although the RSI has touched the overbought area of ​​72, there is no obvious divergence signal. At the weekly level, the price of gold successfully broke through the resistance of the January 2024 high of $2,940. If it stands firm at this position, the next target will point to the integer mark of $3,000. It is necessary to pay attention to the battle between long and short positions in the $2,926-2,930 range. If it fails, it may fall back to the support of $2,880. If it stands firm at 2,930, it will rebound to the 3,000 mark Gold operation suggestions: Go long near 2935-2938, stop loss 2926, target 2956
OANDA:XAUUSDLong
by JosephChristian
Gold may rise strongly and reach new highsGold finally broke through the range of 2890-2930 yesterday. With the help of CPI, it bottomed out and rebounded in the evening. The highest price in the US market reached 2940, and it fell slightly in the early morning and closed above 2930. The direction of the range fluctuation is clear, and the probability of the bulls returning strongly and continuing to rise today is very high. This wave of rise fills the last part of the V-shaped gap. The focus today is whether the previous high of 2956 can form a substantial upward break. If it breaks through strongly, the 3000 mark will not be a problem. If the high-rise fall is only pierced by the shadow line, and finally closes with a large cross or inverted hammer, we must be careful of the double top suppressing the decline, forming a top pattern, then the probability of reversal is relatively high. For today's gold, it will continue to rise during the day. In the morning, it slightly broke the high and focused on the 2936 first-line support. When the price reaches here, it will inevitably hit the 2956 high. The watershed is at 2928. The upper pressure is near the 2956 high. It can be expected to fall back after the first touch. In terms of trading, the accurate prediction of gold yesterday was fully realized. The long position of 2906-2910 rose as expected. As long as it is done, the profit will not be small. We firmly believe in the principle of long and not short. The intraday 2909 long stop profit at 2920, winning 11 US dollars; the evening 2907 second long stop profit at 2924, winning 17 US dollars; the two orders made a profit of 28 US dollars, and some bottom positions were left to gamble on breaking the high.
COMEX:GC1!Long
by JosephChristian
Gold 100% Profit SignalFrom the 4-hour gold trend analysis, we pay attention to the short-term support of 2930-33 below, focus on the support of 2917-2920, and pay attention to the previous suppression level of 2950-55 above. In terms of operation, we can follow the trend and do more. Once a breakthrough occurs, we can continue to follow up in the later stage. In the middle position, we should watch more and do less and be cautious in chasing orders. Gold operation strategy: 1. When gold falls back to 2930-33, lightly position more, and when it falls back to 2917-20, add more positions, stop loss at 2911, target at 2950-55, continue to hold if it breaks
COMEX:GC1!
by JosephChristian
XAUUSD Today's strategyThe Trump administration's capricious trade policy has triggered market concerns about global economic growth, opening a new front in the global trade war, leading to increased financial marekt uncertainty, investors' risk aversion is high, and they have put money into gold, driving gold prices up. The world continues to increase its gold reserves with relatively large efforts, providing a solid bottom support for the gold price. Data from SPDR Gold Trust, the world's largest gold ETF, shows that its gold holdings in February were at the highest level since 2023. From February 27 to March 13, the holdings also increased. The strong demand for gold investment has driven up the gold price. BUY:2965-2975 SL:2960 TP:2995-3005 We will share various trading signals every day. Fans who follow us can get high returns every day. If you want stable profits, you can contact me.
FX:XAUUSD
by HenryClarke
XAUUSD buy-and-profit trading signalGold news analysis: The latest data released on Thursday (March 13) showed that the US producer price index stagnated due to falling service costs, and the number of initial claims in the United States fell slightly, still close to pre-epidemic levels. At the same time, driven by demand for safe-haven assets due to tariff concerns and US inflation reports that reinforced expectations of future rate cuts, gold prices approached historical highs but failed to break through. As of press time, spot gold rose 0.5% to $2,946.68 per ounce. The number of initial jobless claims in the United States fell last week, but the government's sharp spending cuts and escalating trade wars threaten the stability of the labor market. The U.S. Department of Labor reported on Thursday that the number of initial jobless claims fell by 2,000 to 220,000 after seasonal adjustment in the week ending March 8. Economists surveyed by the agency had previously expected the number of initial jobless claims to be 225,000 last week. In late February, the number of applications for unemployment benefits soared due to seasonal fluctuations around the winter blizzard and the President's Day holiday, which made it difficult to adjust the data. Although the labor market remains solid, the Trump administration's policies pose downside risks. Gold's 1-hour moving average is still a golden cross with upward bullish divergence. After breaking through the box and oscillating, gold continued to rise in the morning today and has basically stabilized at the 2930 line. Gold's retracement to 2930 is an opportunity to buy on dips. Gold can buy more first when it retraces to 2933 in the afternoon. If gold does not fall below 2930 again, then gold bulls will have further momentum to rise. Gold bulls are now ready to go and are expected to be even better. In the end, gold bulls have the upper hand in the oscillation, so follow the pace of the bulls. Whether gold can break through the historical high again, we will wait and see! Overall, recommends that the short-term operation of gold today is mainly long on pullbacks and short on rebounds. The short-term focus on the upper side is the resistance of 2985-2990, and the short-term focus on the lower side is the support of 2938-2928. Trading is risky, so control your position reasonably. If you don't know when to enter the market, please follow the real-time signal announcement of my trading center or leave me a message, so that you can get rid of trading problems and realize profits as soon as possible. PEPPERSTONE:XAUUSD OANDA:XAUUSD CAPITALCOM:GOLD TVC:GOLD FOREXCOM:XAUUSD
OANDA:XAUUSDLong
by Cryptocurrency_analystBaker
Gold's safe-haven upgrade breaks through and rises again!Technical analysis of gold: Gold saw another wash yesterday, with a pullback to 2906 in the evening and then to 2940 in the second half of the night, with the daily line closing positive. The normal trend is still bullish today. On the daily level, gold fell on Monday and broke the shock range at the end of last week, showing a more obvious downward trend. However, the market trend is changing. On Tuesday and Wednesday, it directly reversed strongly, closing positive for two consecutive days and successfully breaking through last week's high. This erratic market undoubtedly brings great challenges to operations. At present, the gold price is firmly above the moving average, showing a certain bullish advantage. Today, the primary concern is the continuity of gold's rise. In terms of support below, first pay attention to the vicinity of 2930, which is the high point touched many times last week. According to the top and bottom conversion theory in technical analysis, if effective support can be obtained here, it will further consolidate the bullish pattern. Today's gold short-term operation ideas suggest that callbacks should be the main focus, and rebound shorts should be supplemented. The upper short-term focus is on the 2956-2960 first-line resistance, and the lower short-term focus is on the 2926-2930 first-line support. Short position strategy: Strategy 1: Short 20% of the gold position in batches when it rebounds to around 2956-2960, stop loss 8 points, target around 2945-2935, and look at the 2930 line if it breaks; Long position strategy: Strategy 2: Long 20% ​​of the gold position in batches when it pulls back to around 2928-2930, stop loss 8 points, target around 2945-2955, and look at the 2965 line if it breaks;
PYTH:XAUUSDLong
by UptonCharlotte
Gold 2910 successfully broke through 2930, and may test the prevGold, this round of price stagflation sell-off from 2956 high to 2833, non-farm payrolls at the end of last week put pressure on 2930, fell to 2880 on Monday and then rebounded, affected by market news, the continuity is not strong, the article emphasizes that the market will break through the parallel high of 2930; after consolidation on Wednesday, it rose to 2940 overnight, verifying the idea; the daily chart has many consecutive positive structures, and the attack and defense of the 2940-2956 range will be focused on at the end of the week; The market opened at 2934 in the morning, and the short-term support during the white session 2930-2926, strong support 2922 and daily chart MA5-2916; short-term resistance 2940-2942, strong resistance 2952-2956, daily chart Bollinger upper rail is around 2960; In terms of operation, yesterday's 2910 long successfully reached 2930, and the main long position continued to retreat during the day, and pay attention to the impact of the initial jobless claims data in the evening; Strategy 1: Buy at 2930-2926, protect 2920, target 2940-2956;
PYTH:XAUUSDLong
by UptonCharlotte
Gold's safe-haven upgrade breaks through and rises again!Technical analysis of gold: Gold saw another wash yesterday, with a pullback to 2906 in the evening and then to 2940 in the second half of the night, with the daily line closing positive. The normal trend is still bullish today. On the daily level, gold fell on Monday and broke the shock range at the end of last week, showing a more obvious downward trend. However, the market trend is changing. On Tuesday and Wednesday, it directly reversed strongly, closing positive for two consecutive days and successfully breaking through last week's high. This erratic market undoubtedly brings great challenges to operations. At present, the gold price is firmly above the moving average, showing a certain bullish advantage. Today, the primary concern is the continuity of gold's rise. In terms of support below, first pay attention to the vicinity of 2930, which is the high point touched many times last week. According to the top and bottom conversion theory in technical analysis, if effective support can be obtained here, it will further consolidate the bullish pattern. Today's gold short-term operation ideas suggest that callbacks should be the main focus, and rebound shorts should be supplemented. The upper short-term focus is on the 2956-2960 first-line resistance, and the lower short-term focus is on the 2926-2930 first-line support. Short position strategy: Strategy 1: Short 20% of the gold position in batches when it rebounds to around 2956-2960, stop loss 8 points, target around 2945-2935, and look at the 2930 line if it breaks; Long position strategy: Strategy 2: Long 20% ​​of the gold position in batches when it pulls back to around 2928-2930, stop loss 8 points, target around 2945-2955, and look at the 2965 line if it breaks;
PYTH:XAUUSDLong
by UptonCharlotte
Gold Breaks Out: Is a New All-Time High on the Horizon?Finally, after a week of range-bound trading and a false downside breakout, Gold has found direction and surged to the upside. As expected, the inflation data served as the catalyst. With the reported figure coming in lower than anticipated, traders are now pricing in potential rate cuts. Technically, as mentioned, the price broke above the 2930 resistance level and reached a high at 2947 just shy of the all-time high. Currently, Gold is undergoing a normal correction, which should present traders with an opportunity to buy at lower levels. The ideal buy zone is between 2920 and 2930, with the bullish outlook negated if the price falls back into the previous range. In terms of targets, the old ATH acts as resistance, but I wouldn’t be surprised if Gold pushes higher and sets a new record above the 2960 zone. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
TRADENATION:XAUUSDLong
by Mihai_Iacob
1
How to continue to short (2)As in my last analysis, currently XAUUSDXAUUSD is about to hit that 2945-2948 Operation policy reference： Short Position Strategy 1:XAUUSD sell@2945-2948 20%Transaction of funds ， tp:2930-2920-2910 2:XAUUSD Buy@2910-2915 20%Transaction of funds ， tp:2930-2945-2955 The Signals have timeliness , if you also need to get accurate signals every day，follow the link below to get my daily strategy updates If your account is still in the red, you need to pay attention to whether the resistance is valid. If the resistance is valid, there may be a decline. You can close your order on the decline and trade in the right direction again
FOREXCOM:XAUUSDShort
by BenGray9
Gold Top Trading SignalsThe first definition of trend is continuity. So if the market turns bearish, then it will continue to fall today. It is best to break below 2880 to be a bearish trend. If it rebounds during the day, it is still a shock. As long as the low point of 2880 is not broken, gold has just changed to a shock range. There is little point in being bearish, because the position of 2880 itself is also a support. There is also a key support of 618 golden ratio at 2870 and a strong support at 2860. If these are broken, it will be difficult to hold the previous low of 2832, and there may be further declines. Therefore, gold will not go straight up and down here at present, and it is more likely to run in a volatile and bearish market, accumulating upward momentum before rising. Because, from an overall perspective, the current position of gold is where it rebounded after a sharp rise in the previous period. It is not appropriate to be overly bullish or overly bearish on gold at the moment. Let it move for a while, and it will naturally come out in time. We need to be more patient. For today, we can first see the European session continue to fall, focusing on the pressure at the 2900 line. The watershed is at 2910, and the support below is at 2880-2870, with strong support at 2860. If the rebound in the European session is too strong, then it will still be volatile. In terms of trading, gold still fluctuated sideways within the range yesterday. We took a cautious wait-and-see attitude. It is not easy to act rashly when the direction is unclear, not to mention that it is still running in the middle of the range. Therefore, we waited until the evening to go short at 2905, held overnight, and took profit at 2884 this morning, earning 21 US dollars.
OANDA:XAUUSD
by EmmaSaxton