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Xauusdforex

Bears Seize Control of the Gold MarketSince the onset of January 2nd, 2024, a discernible downtrend channel has shaped the intricate interplay between gold and the US dollar. Delving into the meticulous examination of gold's financial intricacies, my attention is laser-focused on identifying opportune moments for selling as the precious metal nears the trend line this week. In the event that price encounters resistance within the critical thresholds of 2050 to 2070, a calculated strategy emerges – a potential short position with a downside target of approximately 55 pips, bringing us to an anticipated 2003 level. The overarching strategy hinges on a discernible transformation in the higher time frames, acting as a precursor for potential long positions. In the strategic forecast, my outlook tends towards a bearish trajectory, unfolding gradually with each nuanced market development. Your active engagement in this financial analysis is pivotal. Appreciate your likes, comments, and shares as we navigate these nuanced market waters. Until the next data point emerges, see you on the analytical flip side! 🔄💹
OANDA:XAUUSDShort
by Districtfx
GOLD ( XAUUSD ) Long Term Selling Trading IdeaJan 25 Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAUUSDLong
by ForexPlanet20
GOLD ( XAUUSD ) Long Term Selling Trading IdeaHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAUUSDShort
by ForexPlanet20
xauusd: Will gold reach 1900?Hello friends, I'm Luke, a former champion trader in multiple regions. I'm excited to join TradingView and share my strategies with you every day, hoping to provide assistance. Gold has continued its downward trend this week, with further pressure expected due to the renewed rise in DXY. Personally, I anticipate another decline in gold, so my trading advice for the near term is to wait for an upward movement before continuing to short. Key resistance levels to watch are 2040-2050-2060. Scaling in short positions can be considered upon reaching this area, with target zones focused on 1980-1960-1940. I update market analysis daily and also send accurate trading signals within Luke's group to help ensure the long-term stability and profitability of your account. Don't miss out!
FOREXCOM:XAUUSDShort
by LukeBailey
1
Gold still has potential to fall back to 2020-2015 zoneDear friends, after hitting near the 2019 position, gold then rebounded and is currently trading near the 2029 position. Has gold stopped falling, stabilized, and started rising again? In fact, compared to the current gold, before gold breaks through the 2040-2045 range, gold as a whole is still in a short pattern. Only when gold rises and breaks through the 2040-2045 range, will gold completely get rid of the short pattern. For the short-term level, the short-term level of gold is currently suppressed by the intraday high in the 2030-2032 range, so gold is relatively weak during the rebound. In addition, from the perspective of the US dollar, the US dollar index is supported by the 103.15-103 area, which limits the room for the US dollar to fall and also puts certain pressure on the gold market. Therefore, after gold rebounds, it still has the potential to fall back to the 2020-2015 area. Therefore, in short-term trading, we cannot see that gold has risen for the time being, so we start to chase gold in large quantities. At present, gold has rebounded to near the 2029 position and faces short-term resistance in the 2030-2032 area, so I think we can continue to short gold around the 2028-2030 area. I share detailed trading ideas and trading strategies every day. The gears of destiny are turning. I hope that with my help, we can all make continuous profits in the market! And you can follow the channel at the bottom of the article to get detailed trading signals, trading lots, and TP and SL.
OANDA:XAUUSDShort
by Dre_Manuel
Technical Analysis of Gold Prices: Current Trends and Potential Gold experienced a significant decline on Tuesday, completely erasing the previous month's gains and edging closer than ever to the 50-day simple moving average, a crucial support indicator just above the $2,010 level. Bulls must diligently defend this technical floor, as failure to do so could trigger a downward momentum towards $1,990, followed by $1,975. On the flip side, if buyers stage a comeback and initiate a reversal in the upward trend, resistance is likely to emerge around the $2,045-$2,050 range. Overcoming this formidable barrier might pose a challenge, but a decisive breakthrough could set the stage for a favorable rally towards $2,085, the peak observed in late December. With further strength, XAU/USD could be on track to retest its all-time high. Drawing insights from the available content, it's evident that the gold market is delicately poised between critical support and resistance levels. Traders and investors alike will be closely monitoring the market dynamics to discern whether the current technical indicators will pave the way for a renewed upward trajectory or if further declines are imminent. The $2,045-$2,050 range emerges as a pivotal battleground, making it crucial to observe how market participants respond to potential price movements in the coming sessions.
FXOPEN:XAUUSD
by AdmamTrade