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Xauusdshort

Gold’s Uptrend Strong, But Is a Short-Term Drop Coming?Gold ( OANDA:XAUUSD ) has increased by more than +5% over the past seven days and has managed to create new All-Time High(ATH) daily. The reasons for the increase in Gold prices include US economic statistics and the tensions in the Middle East that have increased these days. The question is how long this bullish trend in Gold will continue. It seems that Gold needs at least a correction to continue its upward trend and I tried to find the starting zone of ​​the correction with technical analysis tools (for the short term ). Gold is moving near the Potential Reversal Zone(PRZ) , this zone could be a correction zone for Gold for at least the short term . Gold also responds well to the Pitchfork tool lines , the Pitchfork lines can be considered as support and resistance lines for gold . From an Elliott Wave theory perspective, Gold appears to be completing microwave 5 of main wave 5 (these five waves are likely to be part of main wave 3 ). Also, we can see the Regular Divergence(RD-) between Consecutive Peaks . I expect Gold to drop to at least $3,003 after breaking the Uptrend line , and my second target is $2,986 . Note: The worst Stop Loss(SL) for your Short position could be $3,061. Gold Analyze ( XAUUSD ), 2-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
8
Gold (XAU/USD) – Head & Shoulders Breakdown in Bearish Move🔍 Overview of the Chart & Market Context This 15-minute Gold Spot (XAU/USD) chart shows the formation of a classic Head & Shoulders (H&S) pattern, signaling a potential trend reversal from bullish to bearish. This pattern often indicates that buying momentum is weakening, and a significant price decline may follow. Gold has been in a strong uptrend before forming this structure. However, after reaching a resistance zone at an all-time high (ATH), the market has failed to sustain its bullish momentum. The rejection from this level and the break of the neckline (support level) suggest that sellers are gaining control, leading to a potential bearish breakdown toward the downside target. This setup provides a high-probability shorting opportunity if price action follows through with the bearish structure. Let’s analyze the different elements in detail. 📊 Understanding the Head & Shoulders Pattern in Detail The Head & Shoulders is a well-known reversal pattern, and in this case, it forms at the top of an uptrend, indicating a shift in market sentiment. The key components of this pattern in the chart are: 1️⃣ Left Shoulder Price made an initial rally, then faced rejection at a resistance level. A retracement occurred, forming a swing low, which became part of the neckline support. 2️⃣ Head Buyers attempted another push, creating a higher high. However, the rally was unsustainable, as sellers pushed the price back down toward the neckline. This forms the peak of the structure, marking the highest point before the reversal. 3️⃣ Right Shoulder Another rally followed, but this time, buyers lacked strength. The price failed to break the previous high (head level) and reversed downward. This indicated that selling pressure was increasing, forming the right shoulder. 4️⃣ Neckline (Support Level) This is the most critical level in this setup. It connects the swing lows between the left shoulder and right shoulder. Once the price breaks below this trendline support, the pattern is confirmed, triggering a bearish move. 📌 Key Technical Levels Identified 🔵 Resistance Level (+ ATH – All-Time High) The blue box represents the strong resistance zone where gold faced rejection multiple times. This level acted as a supply zone, preventing further bullish continuation. 📉 Neckline & Support Level This trendline support (dotted black line) connected the lows between the left and right shoulders. A clean break and retest of this level signal further downside movement. 🚨 Stop Loss Level ($3,048.777) The ideal stop-loss placement is above the right shoulder to prevent getting stopped out by market noise. If the price reclaims this level, it could invalidate the bearish thesis. 🎯 Target Level ($2,989.544) The target is based on the measured move, calculated by taking the height from the head to the neckline and projecting it downward. If the breakdown plays out successfully, we could see a move toward $2,989.544 or even lower. 📉 Trading Plan: Bearish Trade Setup 🔴 Short Trade Entry Sell Entry: On the break & retest of the neckline (support turning into resistance). Confirmation: A strong bearish candlestick (e.g., engulfing pattern) below the neckline. 🚨 Stop Loss (Risk Management) SL Placement: Above the right shoulder ($3,048.777) to prevent false breakouts. Reason: If price moves above this level, the pattern gets invalidated. 🎯 Profit Target (Take Profit) Target Level: $2,989.544, based on the measured move. Risk-to-Reward (RR) Ratio: Aiming for at least a 1:2 RR ratio, ensuring a profitable setup. 📌 Confirmation Signals for Stronger Conviction For higher probability, traders should look for additional confirmations before entering the short position: ✔ Neckline Retest: After breaking below the neckline, price retests it as resistance before dropping further. ✔ Bearish Candlestick Pattern: Engulfing candles, shooting stars, or rejection wicks indicate strong selling pressure. ✔ Increased Volume on Breakdown: A spike in volume on the breakdown confirms strong market participation. ✔ RSI Divergence: A bearish divergence between price and RSI may signal trend exhaustion. 📉 Expected Price Action: What’s Next? Based on this setup, if the bearish structure plays out as expected: 1️⃣ Price will retest the neckline as new resistance. 2️⃣ Sellers will step in, pushing the price lower. 3️⃣ Gold will continue downward toward the $2,989 support level. 4️⃣ If strong selling continues, price may drop even further beyond the target zone. However, if price closes back above the right shoulder, the bearish setup gets invalidated, and traders should exit the short position immediately. 📌 Final Thoughts & Summary Pattern Identified: Head & Shoulders (Bearish Reversal) Market Bias: Bearish Entry Trigger: Break & retest of the neckline Stop-Loss Placement: Above the right shoulder ($3,048) Take-Profit Target: $2,989 Risk Management: Ensure a minimum 1:2 RR ratio 📉 Conclusion: Gold is showing signs of bearish exhaustion after forming a Head & Shoulders pattern. A confirmed break below the neckline suggests that the price may continue its downward trajectory. Traders should wait for a proper retest before entering, use strict risk management, and monitor key technical indicators for confirmation. Would you like me to provide an alternative trading plan if the price reverses? 🚀
OANDA:XAUUSDShort
by GoldMasterTrades
Golden Strategy Perfect HitWalk together and witness the harvest! In the ups and downs of the trading market. With the trust and persistence of my trading strategies and trading plans, everyone successfully pocketed the fruits of victory. Sometimes you don't even need to know how to trade. Having an accurate and precise analysis guide is crucial and is the basis for profit. Similar accurate signals are available every day. Traders don't know when to enter the market? Then you can follow me. When the opportunity comes, I will promptly release more accurate signals in my trading center. Welcome everyone.
OANDA:XAUUSDLong
by TP_Daniel1
Profit again, follow-up operation strategyBrothers, as I mentioned in my last opinion, gold is facing support below 3030-3020, so I still prefer to go long on gold in terms of trading. Today, we went long on gold near 3023 according to the strategy of short first and long later. Just when gold rose to around 3038, I manually closed my long position and easily made a profit of 140 pips again. Today, Friday, gold hit the highest level of 3047 in the morning and started to fluctuate and fall. As of now, gold has hit the lowest level near 3021 and started to rebound. The 3025-15 line below is also the support position we have been talking about. Here we can find opportunities to intervene in long orders. We must be cautious in operation on Friday. All profits have been made this week. Since the announcement of the US interest rate decision, gold has been running all the way and has set a new record high again. Again, don’t chase gold at high levels, look for opportunities to go long when it falls back, and the operation is mainly to go long when it falls back. If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate with us! From the 4-hour analysis, the short-term support of 3025-3015 is concerned, and the important support of 3000-05 is focused on. If it does not break, it will continue to be bullish. The upper target is to pay attention to the upper pressure. Before the daily level does not fall below the lower support, the main long rhythm will remain unchanged. I will inform you of the specific operation strategy in time, so please pay attention to it in time. Gold operation strategy: Gold will go long after stepping back on the 3025-3015 first line.
OANDA:XAUUSDLong
by TP_Daniel1
Gold turns bearish in the short termGold has weakened once again, with the price dropping rapidly and breaking through the support level of 3022, heading towards the sub - 3000 zone. The previous strong upward trend in the gold market has come to an end! The price has dipped to test the 3000 level for the first time, and the market direction has turned bearish. The bearish trend is now firmly established, so it is advisable to set aside long positions for now, as the market is currently dominated by bears. Once the gold price rebounds and adjusts, short positions can be considered again. XAUUSD sell@3025-3030 I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
FOREXCOM:XAUUSDShort
by JohnGonzalez7
Gold price start to adjust yet?⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) face renewed selling pressure during the Asian session on Friday, retreating toward the $3,030 level in recent trading, inching closer to the previous session’s low. The US Dollar (USD) maintains its upward trajectory for the third consecutive day, prompting some profit-taking on the precious metal ahead of the weekend. However, a confluence of supportive factors is likely to keep bullion resilient, positioning it for a third consecutive week of gains. ⭐️Personal comments NOVA: Breaking the trend, has gold price really been in the weekend price adjustment rhythm? According to NOVA, it has started. Before the tax policies in early April, the market needs a little balance in terms of liquidity on the selling side. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $3040 - $3042 SL $3047 TP1: $3030 TP2: $3020 TP3: $3010 🔥BUY GOLD zone: $3019 - $3017 SL $3014 scalping TP1: $3023 TP2: $3030 TP3: $3040 🔥BUY GOLD zone: $3000 - $3002 SL $2995 TP1: $3010 TP2: $3020 TP3: $3030 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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:XAUUSDShort
by Nova-Scalper
7
The Bear Awakens: A Perfectly Executed Short on Gold📍Over the past few days, I’ve consistently emphasized that the bear is on the verge of fully awakening, warmly inviting everyone to watch it dance. Today, gold has indeed pulled back to the 3000 level as anticipated, making our short position from the 3035-3045 range a resounding success! 📍Since gold has tested the 3000 level for the first time, a second test is highly likely. Therefore, the primary trading strategy remains focused on selling gold on rebounds. The head-and-shoulders formation continues to exert significant pressure, making a sustained breakout to the upside unlikely in the near term. 📍With this in mind, the resistance zone can be adjusted lower to 3025-3035. If gold fails to break through this region during its rebound, further downside movement is expected. In that case, gold will likely retest the 3000 level and could potentially breach it, extending losses towards the 2995-2985 range. 🔎Trade Idea: Xauusd: Sell at 3025-3035 TP:3005-2995 SL:Adjust according to risk tolerance. 📩Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
OANDA:XAUUSDShort
by Trader_Marvin
Gold (XAUUSD) Sell Setup – Targeting 3022 & 3006Price has previously rejected this area, indicating strong selling pressure. A potential bearish move is anticipated, targeting the lower support level around 3022.670. If the price fails to break above the resistance, the projected downward movement is likely to follow. Take Profit (TP) levels: - TP1: 3022.000 (Stronger reaction zone) - TP2: 3006.000 (Final target, deeper support level) These levels align with key support zones where price may react.
OANDA:XAUUSDShort
by TRADE_CENTER_1
XAUUSD must watchWith all the positive news gradually materialising, the upward momentum of gold has significantly slowed down. Judging from the current trend, the resistance area around 3060 is quite crucial and exerts strong resistance. The support range remains at 3010-3020, but it is essential to closely monitor any changes in this support level, as the price might further decline to the secondary support level of 3000. I suggest initiating short positions near the resistance zone today, which is relatively safe. 💎💎💎 XAUUSD 💎💎💎 🎁 Sell@3050 - 3060 🎁 TP 3030 3020 The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed，Follow the link below to get my daily strategy updates
FOREXCOM:XAUUSDShort
by BenGray9
GOLD Finally Gave Bearish P.A , Short Setup Ready For You !Here is my opinion on Gold , and now the price closed below my support , and i`m waiting the price to retest it to enter a sell trade to take this 500 pips . This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
FX:XAUUSDShort
by FX_Elite_Club
The bearish trend will continue📍Since the day before yesterday, I've been sincerely inviting everyone to watch the bear dance.Gold has decisively broken below the recent support zone at 3030-3026 and extended its decline to around 3021. Based on this price action, two key conclusions can be drawn: 1. 3057 is now confirmed as the current high. 2. Gold has successfully formed a head and shoulders pattern in the short term. 📍This indicates that bearish momentum remains strong and far from exhausted. Under the pressure of structural resistance, gold is likely to continue testing lower support levels around 3010-3000, with a possible extension toward 2995. 🔎Trade Idea: Xauusd: Sell at 3035-3045 TP:3015-3005 SL:Adjust according to risk tolerance. 📩Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
OANDA:XAUUSDShort
by Trader_Marvin
Gold's pullback is the last chance to get on boardAccording to our previous operation strategy of short first and long later, the short position has perfectly reached our target area, and the position was closed in time to lock in the profit. Next, we will go long after the rebound and continue to look forward to the performance of the gold market. The Bollinger Bands in the H4 chart are closing, and the golden cross of the 13-day moving average and the 21-day moving average is slowing down, suggesting that the short-term long and short competition is fierce. Focus on the strong resistance in the 3050-3055 range on the upper side during the day, and the probability of breaking through is low. The support below is at 3022-3015, forming a double insurance. The small cycle now also has the performance of high-level fluctuations, but it still lacks some certainty. For example, the Bollinger Bands in the H4 cycle are closing. Today's rise is not optimistic about setting a new high again. The upper high point is suppressed to around 3050, and the downward movement must break the Bollinger middle rail support, and the space below can see 3000. Therefore, today we should not only remind everyone to wait patiently for the decline to go long, but also remind everyone to try to go short at the high of 3050, and then look at today's adjustment space, as well as the support points and key points below. Again, gold maintains a bullish trend for the time being. Gold's retracement to 3020-3030 is the last chance to get on board. You will regret it if you miss it. Gold operation suggestion: Buy more near 3020-3030, target: 3050 Brothers, you must keep up with the rhythm. If you are interested, you can follow me. Communicate real-time market conditions, follow up on real-time orders, read bottom signals, interpret daily market conditions, share real-time strategies, and don't blindly follow the trend.
OANDA:XAUUSDLong
by TP_Daniel1
Gold (XAU/USD) Bearish Reversal – Potential Sell SetupAnalysis Overview The 4-hour chart of Gold (XAU/USD) shows a possible head formation, indicating a potential trend reversal. The price has faced resistance near the 3,053 level, leading to a rejection. The current price action suggests a bearish movement, with a possible downside target at the support zones marked in the chart. Key Levels: 📍 Resistance: 3,053 📍 Current Price: 3,030 📍 Target Levels: 2,978 / 2,962 / 2,931 📍 Major Support: 2,881 Trading Plan 🔴 Sell Entry: Below 3,030 🎯 Target: 2,978 / 2,962 (Short-Term), 2,931 / 2,881 (Extended) 🛑 Stop Loss: Above 3,053 Technical Outlook The market structure suggests a potential breakdown. Confirmation will be needed through further bearish momentum. Traders should watch for rejection candles or breakdown from key levels. 📊 What’s Your Take on Gold? Will it hit the lower support levels? Let me know in the comments! 👇
OANDA:XAUUSDShort
by PIPsOptimizer
Analysis of Trading Strategies for the XAUUSD 1 - Hour ChartRecently, in the 1 - hour chart of XAU/USD, the upward channel has been broken downward, indicating that the short - term upward trend has temporarily stalled. Currently, the price is in the buyer zone, which has certain support. If obvious signs of price stabilization emerge, such as formation of a bullish K - line combination, one can attempt to place long positions, and set the stop - loss at the key support level below this zone. If the price rebounds to the seller zone and is blocked, short positions can be considered, with the stop - loss set above the zone. XAUUSD buy@3020-3030 tp:3040-3045-3050 sell@3040-3050 tp:3030-3020 I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
FOREXCOM:XAUUSDShort
by JohnGonzalez7
XAUUSD Head And Shoulder pattern breakdownGold update 15m head and shoulder breakdown Key Levels: Resistance Levels: 3,040.000 (Immediate Resistance) 3,050.000 3,060.000 3,070.000 (Major Resistance) Support Levels: 3,022.000 (Immediate Support) 3,014.000 3,006.500 2,999.000 2,991.000 (Major Support) Price Action Overview: Gold is currently trading at 3,033.785, showing a slight upward movement of +1.685 (+0.096%). The price has been consolidating between 3,031.425 (Low) and 3,034.430 (High) in the last 15-minute candle. The market is testing the 3,035.410 level, which could act as a minor resistance. Technical Indicators: USB (Ultimate Support/Resistance Band): Current Value: 38.301 (-1.279) Indicates potential support/resistance zones around 3,830.4. TAT & Skullers Indicator: Current Value: -38.306 (-1.269) Suggests a potential retest or breakdown level around 3,830.6. Market Sentiment: The market is showing slight bullish momentum, but the price remains within a tight range. A breakout above 3,040.000 could signal a stronger bullish trend, while a breakdown below 3,022.000 may indicate bearish pressure. Trading Strategy: Bullish Scenario: Entry: Consider a long position if the price breaks and sustains above 3,040.000. Targets: 3,050.000 (First Target) 3,060.000 (Second Target) 3,070.000 (Major Resistance) Stop Loss: Place below 3,022.000 to manage risk. Bearish Scenario: Entry: Consider a short position if the price breaks and sustains below 3,022.000. Targets: 3,014.000 (First Target) 3,006.500 (Second Target) 2,999.000 (Major Support) Stop Loss: Place above 3,035.410 to manage risk. Risk Management: Always use proper risk management techniques. Risk no more than 1-2% of your trading capital per trade. Adjust position sizes according to your risk tolerance and account size.
OANDA:XAUUSDShort
by ForexOptimizer
Gold (XAU/USD) - Head & Shoulders Breakdown & Bearish MoveOverview of the Chart & Market Context The 1-hour chart of Gold (XAU/USD) reveals a classic Head and Shoulders (H&S) pattern, a well-known bearish reversal formation. This pattern suggests that the recent uptrend has lost momentum, and a potential downside move could be in progress. Currently, the price is testing the neckline, which serves as a key support level. If a decisive breakdown occurs, it could confirm further bearish momentum, leading to a sharp decline toward the projected target price of $2,995. Key Technical Analysis & Levels 🔹 Resistance Level & Reversal Zone (~$3,055–$3,060) The price attempted to break this resistance but faced strong rejection, forming the head of the pattern. The area was tested multiple times, confirming that sellers are in control. This level acts as a supply zone, preventing the price from moving higher. 🔹 Support Level (Neckline of H&S Pattern at ~$3,025–$3,030) This level represents the critical neckline, which has been tested multiple times. If price breaks and sustains below this support, the H&S pattern will be validated, signaling a deeper drop. A successful retest of the neckline as resistance could provide an optimal shorting opportunity. 🔹 Projected Target Price (~$2,995) The expected downside move is calculated using the measured move technique, measuring the distance from the head to the neckline. This target aligns with previous structure support, increasing its significance. Detailed Breakdown of the Head & Shoulders Pattern 📍 Left Shoulder Formation The market experienced an initial bullish push, reaching a local high, but sellers entered and pushed prices down. This formed the first lower high, hinting at potential weakness in the bullish trend. 📍 Head Formation After retracing from the left shoulder, buyers made another attempt to push prices higher. The price formed a new peak, but it was unable to sustain the breakout above the resistance level (~$3,055–$3,060). A sharp sell-off followed, reinforcing that sellers are dominant at higher levels. 📍 Right Shoulder Formation The price attempted another rally but failed to break the left shoulder’s high, creating the right shoulder. This failure confirmed a gradual loss of bullish strength. After forming the right shoulder, the price began to drop toward the neckline support. 📍 Breakout Confirmation & Bearish Price Action The price has now broken the neckline (~$3,030), indicating an early-stage breakdown of the H&S pattern. If the breakdown holds, further downside movement toward $2,995 is likely. A retest of the neckline as new resistance would be an ideal entry point for short positions. Trade Setup & Risk Management 📌 Potential Short Trade Setup: Entry: After a confirmed break and retest of the $3,030 neckline. Stop-Loss: Above the right shoulder (~$3,045–$3,050) to minimize risk. Take-Profit: Around $2,995, aligning with the measured move. 📌 Risk Factors & Market Conditions: If the price fails to hold below the neckline, it could indicate a false breakdown and a possible bullish reversal. Macroeconomic data (such as interest rates, inflation, and geopolitical tensions) may impact gold prices. Traders should watch for volume confirmation – increased selling pressure strengthens the validity of the breakdown. Final Thoughts & Market Outlook 📉 The Head and Shoulders pattern signals that gold is losing bullish momentum, with a potential drop toward $2,995. 🔍 A break and retest of the neckline as resistance would confirm further downside movement. ⚠️ However, a failed breakdown could lead to a recovery, so traders should wait for confirmation before entering trades. 💬 What do you think about this setup? Are you going short on gold? Drop your thoughts in the comments below! ⬇️
OANDA:XAUUSDShort
by GoldMasterTrades
XAUUSD Today's strategyThe gold price fluctuates within the range we have marked. In the short term, both long and short positions are feasible. However, you must pay attention to setting the stop-loss level and avoid taking on excessive risks Pay attention to when the upward pressure range will be broken through. Also, keep an eye on the 3010-3020 USD range on the downside. If this range is repeatedly tested, then there might be a short-term pullback to 3000 USD Today's xauusd trading strategy buy@3010-3020 SL:3005 tp:3040-3050 There are risks in trading. If you are not sure about the timing, it is best to leave me a message. This will better confirm the timing of the transaction, It can also better expand profits and reduce losses
OANDA:XAUUSD
by HenryClarke
Gold has short-term callback demandGold hit a high of 3057 and then fell back. The daily line closed with a negative cross star, and a correction is needed in the short term. The daily resistance is near 3050. It touched 3047 in early trading and fell back. If the market falls below 3042, continue to look at 3030-3025. The operation is the same as what I said in my previous post. First short and then long. In addition to the low point, the support below is 3020. The strong support is around 3011. You can go long if it is touched. Operation suggestion: short at 3050-3040 above, and go long at yesterday's low or 3025-3015 below. It is still in line with expectations. Friends must keep up with the rhythm. If you are interested, you can follow me. Welcome to experience, exchange real-time market conditions, follow real-time orders, read bottom signals, interpret daily market prices, share real-time strategies, and do not blindly follow the trend.
OANDA:XAUUSDShort
by TP_Daniel1