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Xauusdsetup

XAU/USD Longs from 2380 or 2340 back up to ATH.My bias this week is to look for buying opportunities to reach the all-time high liquidity. The price has been very bullish, breaking structure to the upside, which aligns with the overall trend. I will focus on near-term demand zones to continue this trend, expecting the price to retrace and mitigate one of these zones. I will monitor either the 15-hour or 17-hour demand zones for signs of price slowing down and forming a Wyckoff accumulation pattern. If the price continues to rise and creates a new all-time high, I will then look for potential sell opportunities as the price comes back down. Confluences for GOLD Buys are as follows: - Price broke structure the upside on the higher time frame leaving new zones. - These higher highs and higher lows indicate the rise of a new uptrend. - New demand zones are left on the 15hr and the 17hr where I can look for potential buys. - Still lots of liquidity to the upside that needs to be taken i.e. ATH's P.S. Once the price enters these zones, I will focus on buying opportunities, as I prefer to trade with the trend. I will only consider short positions if the price significantly breaks down. With little news this week, happy trading, and I hope you all have a great week!
OANDA:XAUUSDLong
by Hassan_fx
XAUUSD:Go long first, then go short There is a high probability that the Asian session will rise tomorrow, so if you want to trade in the Asian session, you can go long on gold first. First look at the area around 2327-2332, where there is resistance, followed by 2336-2343. The probability of breaking through this position is not high. If you really want to break through, you must first test the support and confirm that it is effective before it can rise again. Therefore, the trading strategy is to go long first and then go short. If you have any questions, please leave me a message. Have a good day!
FOREXCOM:XAUUSDLong
by Allen_Ex
XAUUSD:Sell, final target 2218 Gold fell again at the opening of Monday. Currently, the support is at 2286-2278, and the resistance continues to be observed near 2313. The focus of this week's trading is to short at high levels, with the final target near 2218. If the shorts are strong and fall below the support near 2278, strong support will appear in the range of 2274-2269 in a short period of time, which is a relatively good long price. At that time, the resistance of the rebound will focus on the vicinity of 2296.
FOREXCOM:XAUUSDShort
by Allen_Ex
1
World gold suddenly increased 23xxGold grew to become to boom strongly once more and the gold marketplace is retaining a stable boom above 2,three hundred USD/ounce, however does now no longer see any new momentum, because the US Federal Reserve (FED) continues its economic coverage stance. Currency regulations and warnings that inflation stays a hard trouble to solve. As expected, americaA principal financial institution left the federal budget price among 5.25% and 5.50%. Although financial and inflation dangers stay in stability, the principal financial institution stated constantly better inflation. “In current months, there was a loss of in addition development closer to the Commission`s 2% inflation target,” the principal financial institution stated in its economic coverage announcement. The gold marketplace did now no longer react plenty to the notably impartial economic coverage stance. June gold futures final traded at $2,316.20 consistent with ounce, up 0.57% at the day. According to a few analysts, this announcement suggests that the FED is in no hurry to begin the easing cycle while customer expenses are nonetheless rising. The principal financial institution has made clean that it'll most effective begin reducing hobby quotes while it's miles assured that inflation will fall lower back to its 2% target. Although the Fed is retaining a restrictive economic coverage for the foreseeable future, marketplace liquidity can also additionally start to alternate because the Fed slows down its stability sheet withdrawals. “Beginning in June, the Committee will sluggish the tempo of discounts in its securities holdings through decreasing the month-to-month repurchase restriction for Treasury securities from $60 billion to $25 billion. The Committee will hold the month-to-month repurchase restriction for corporation debt and corporation mortgage-sponsored securities at $35 billion and could reinvest any foremost bills in extra of this restriction in securities Treasury securities,” the principal financial institution stated.
OANDA:XAUUSDShort
by TheLeader_WOLF
Gold XAUUSD Day trading Uptrend {30/04/2024}Educational Analysis says Gold XAUUSD may move in this range for some time according to my technical. Broker - This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why this range? Because the 15-minute time frame has made Change of Character show signs of weakness of the bear run, maybe long for the premium level in the 4-hour time frame, plus 1 min time frame has turned bullish also has Change of Character look on So I will be trading this pair for a 1:20.93 risk-reward ratio for long-buying. Let's see what this pair brings to the table in the future for us. Please check the Comment section on how it turned out for this trade. I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS, Happy Trading, Fx Dollars.
FOREXCOM:XAUUSDLong
by VishalBudhrani
2
XAUUSD- Reversal trend appears strongGold, as I see it, has reacted pretty genuinely to the aid and resistance area at 2330. Currently, the Gold charge is going for walks withinside the H4 frames and beneath and is absolutely at the Seller side. > With the present day fashion and the charge is going for walks all around the residence today, Canh Sell Gold Next for me >Sell Gold Around 2322>2326 SL 2328 City 2316>2306 For Gold, if throughout the Asian consultation it will increase once more and breaks thru 2330, I will replace more. As for the Current Price Frame, every person have to watch Sell Gold in step with the Trend to be safe 😊😊❤️❤️ ------NEWS------ Gold costs persisted to fall barely nowadays after hitting their lowest degree in extra than weeks on fading issues approximately escalating tensions withinside the Middle East, even as buyers wait for crucial monetary information to Know extra approximately americaA hobby charge reduce schedule. Spot gold changed into little modified at $2,321.fifty six an oz. after hitting its lowest due to the fact April 5. The March-April rally in bullion driven gold costs up nearly NYSE:FOUR hundred to a excessive all-time excessive changed into $2,431.29 on April 12. US gold futures had been down 0.2% at $2,342.10. Israeli assaults intensified throughout Gaza in a number of the heaviest shelling in weeks, however with fears of a much wider warfare easing after Iran stated remaining week it had no plans to plans to retaliate after an obvious Israeli drone strike, economic markets display symptoms and symptoms of extra danger appetite. “That way gold, that is regularly visible as a danger haven, has misplaced its position,” stated Julia Khandoshko, CEO of European brokerage Mind Money. Khandoshko stated the marketplace is likewise carefully looking indicators from americaA, in which inflation information and statements from americaA Federal Reserve (FED) advocate hobby quotes might not be reduce in June. Recent remarks from Fed officers advocate there's no pressing want to reduce hobby quotes, decreasing the attraction of zero-coupon bullion. Traders now anticipate the Fed`s incredible reduce will maximum in all likelihood are available in September. Markets will watch US GDP information on Thursday and Personal Consumption Expenditures (PCE) information on Friday for similarly clues at the fitness of the financial system and the timing of cuts. “There are a variety of buyers who overlooked out at the huge rally in gold and can be trying to seize dips like this,” stated Fawad Razaqzada, marketplace analyst at City Index. In different metals markets, spot silver rose 0.4% to $27.29. Autocatalytic steel platinum fell 0.5% to $912.75, even as palladium rose 1.1% to $1,020.12.
OANDA:XAUUSDShort
by TheLeader_WOLF
What influences the course of gold?World gold costs generally tend to lower with spot gold down 2.four USD in comparison to remaining week`s final stage to 2,388.eight USD/ounce. The international gold marketplace remaining week fluctuated in line with a acquainted pattern. Gold costs constantly touched new highs way to being boosted with the aid of using refuge call for because of fears of escalating tensions, however then retreated and entered a consolidation phase. Kitco News' state-of-the-art weekly gold survey suggests that each Wall Street specialists and retail buyers hold to trust withinside the treasured metal's strength, with 71% of Wall Street specialists and 64% of popular buyers. Retail members taking part withinside the survey forecast that gold costs will growth this week. According to SIA Wealth Management marketplace strategist Colin Cieszynski, dangers continue to be great and will cause marketplace rallies. Sharing the equal opinion, senior commodities broking Daniel Pavilonis of RJO Futures additionally stated that geopolitical conflicts will hold to push gold costs up despite the fact that there's no on the spot escalation.
OANDA:XAUUSDShort
by MrTrongVo
XAUUSD Gold Technical Analysis and Trade IdeaIn this video, we delve into an analysis for XAUUSD Gold. Our analysis indicates a potential trading opportunity. We conduct a thorough examination of current price trends, meticulously evaluate market structure, and take into account market dynamics. When favorable conditions arise, we pinpoint a potential entry point. However, it is crucial to emphasize the importance of implementing effective risk management strategies. Please note that this video is intended solely for educational purposes and should not be construed as financial advice.
OANDA:XAUUSDLong
by fxtraderanthony
2
Already made 11K profit, consider shorting gold after reboundToday’s gold trading situation is as follows: 1.Xauusd: @2293.28 Sell, TP:2386.5 Profit: +$ 2696 2.Xauusd: @2378.43 Buy, TP:2394 Profit: +$ 6228 3.Xauusd: @2395.23 Sell, TP:2386 Profit: +$ 2769 Today, we made good profits in both long and short gold transactions. The total intraday profit exceeded $11k. We have continued our 9-game winning streak in recent gold transactions. This is a very good result. For the current gold market, in fact, gold as a whole still maintains a high and volatile market. However, gold has failed to make good progress in the short term when it rose to 2400 many times. So after failing to break through many times, whether due to the need to accumulate upward momentum or a certain consumption of bullish energy, I think gold may undergo a deep correction at any time. The pullback is coming as soon as it comes, and the current lowest level of gold has dropped to around 2361. If gold cannot quickly recover above 2380, or even above 2375, then gold may continue to fall back to 2355 or even around 2350, which means it may replicate the short-term trend on April 16th.This will lay the foundation for a short-term adjustment trend. Therefore, in terms of trading, there may be a partial rebound in gold after a sharp decline, but it is best not to directly go long in gold now, because once gold cannot recover the decline as soon as possible, gold may continue to fall. Therefore, before there is a clear signal, I suggest waiting and watching and not rushing to trade! When there is a suitable opportunity, I will develop a trading plan accordingly! I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
OANDA:XAUUSDShort
by Trader_Manuel