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Xauusdshort

GOLD SHORT | SELL THEORY [24/02-01/03]From what I’m seeing price is seemingly fatigued. There was a credible break on the 4H chart though - which is low-key worrying, HOWEVER on the daily chart? Sweeps on sweeps - which to me certify that price will be seeking a reversal of some sort at some point. Once one of the printed lows gets violated by price (as drawn on the chart - with a candlestick) the sell will be confirmed. I had a potential trade with actually played out nicely but I didn’t enter it, which I’m cool about as I wasn’t sure. I won’t be trading Gold until I actually get confirmation.
OANDA:XAUUSDShort
by saintprincevvs
Gold’s Bull Trap? Major Reversal Incoming!As I expected in yesterday's post , Gold ( OANDA:XAUUSD ) started to rise from the Support zone($2,919-$2,905) and bounced exactly on my hypothesized lines , and I hope you were able to profit. Gold failed to break the Resistance zone($2,948-$2,940) . And it appears to have created a Bull Trap . In terms of the Elliott wave theory , Gold seems to have completed the main wave 5 , and one of the signs for me was the Bull Trap . I expect Gold to fall to at least the Support zone($2,919-$2,905) after breaking the Uptrend lines . ( Next targets are also possible ). Note: If Gold can go over the Resistance zone, we can expect more pumps. Be sure to follow the updated ideas. Gold Analyze ( XAUUSD ), 30-minute time frame. Do not forget to put 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
Be bold and short goldBrothers, did you short gold? As I mentioned in my previous article, I have already entered short positions in the 2930-2940 zone. Today, gold has broken below Wednesday’s low, which has to some extent opened further downside potential and strengthened the probability of continued decline. Moreover, under the pressure of the head and shoulders pattern, I believe gold is highly likely to retest the 2920-2910 support zone today. I have followed my trading plan and am currently in profit on my short positions. We can continue to hold and wait for further profit expansion. Did you follow me in shorting gold?If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDShort
by Trader_Marvin
Bears return - pushing prices down at the end of the week⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) hovers near its all-time high after hitting a new peak in early European trading on Thursday. The surge follows US President Donald Trump's comments suggesting a potential trade deal with China. At the same time, geopolitical tensions rise as Trump claims Ukraine initiated the war with Russia and hints at repayment for US financial aid. Meanwhile, the Federal Reserve's January meeting minutes had little market impact, with only a few FOMC members favoring steady rates. Expectations for a possible rate cut in June remain intact. ⭐️ Personal comments NOVA: Gold price moves within the H1 trend line in the Asian session at the end of the week, selling pressure creates market liquidity, pay attention to important support zones: 2919, 2906 ⭐️ SET UP GOLD PRICE: 🔥 BUY GOLD zone: $2919 - $2921 SL $2916 scalping TP1: $2924 TP2: $2928 TP3: $2935 🔥 BUY GOLD zone: $2905 - $2907 SL $2900 TP1: $2915 TP2: $2922 TP3: $2930 ⭐️ 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
5
Keep making money by shorting goldYesterday, I remained firmly committed to shorting gold from start to finish, and as anticipated, gold retraced to my two target zones: 2930-2925 and 2920-2910. Today, gold has pulled back to around 2916, breaking Wednesday’s low, which has, to some extent, opened up downside potential and strengthened expectations for further downside acceleration toward the 2900-2880 region. Additionally, from a short-term technical perspective, a head and shoulders pattern has formed, further supporting the likelihood of a sharper decline. Therefore, in today’s trading, I continue to favor short positions in gold. As gold’s price action shifts lower, overhead resistance levels are also adjusting downward. This calls for a more conservative expectation of gold’s rebound potential. For short-term trading, we can consider scaling into short positions in the 2930-2940 zone. Bros, are you optimistic about the continued decline of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDShort
by Trader_Marvin
Short gold againAs I mentioned in my previous article, I anticipated that gold might pull back to the 2930-2925 region, or even extend to the 2910 region, during today or tomorrow's New York trading session. Clearly, gold has retraced as expected and hit my target zone of 2930-2925. Our short position around 2954 has once again yielded a very favorable profit, totaling 270 pips. Currently, gold has experienced a slight rebound, but it’s evident that the bullish momentum is weakening while bearish control is strengthening. After the accelerated short squeeze phase, 2955 may become the high for this stage. Moreover, as geopolitical risks decrease, the bullish momentum for gold further weakens, making it likely that gold could further dip and test the 2920-2910 support zone. Therefore, for current short-term trading, I believe it might be a good idea to consider shorting gold again in the 2935-2940 region.Bros, will you follow me and short gold again? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDShort
by Trader_Marvin
0217-0221 GOLD WEEKLY OUTLOOKHello traders, When events develop in an illogical manner, emotions and manipulation are often the first two factors to consider. 1. The "illogical" phenomenon behind last Friday's U.S. stock market surge Last night, U.S. stocks experienced a significant rally despite lacking fundamental support. However, from the perspective of economic data and market dynamics, this surge appears to lack rationality. 1. Inflationary pressures are significantly increasing In January, the Producer Price Index (PPI) inflation rate unexpectedly rose to 3.5% (higher than the expected 3.2%), while the core PPI inflation rate reached 3.6% (higher than the expected 3.3%). This marks the highest PPI inflation rate since February 2023. More importantly, this data confirms that the previous 0.5% month-on-month increase in CPI was not due to seasonal factors but rather a reflection of persistent inflationary pressures. 2. Employment data indicates an overheated economy Last week, initial jobless claims came in at 213K, lower than the expected 216K, while continuing claims reached 1850K, below the expected 1882K. This demonstrates that the labor market remains strong, and the "hot" employment data further reinforces concerns about an overheating economy. 3. Rate cut expectations are delayed With CPI, PPI, and employment data all exceeding expectations, the Federal Reserve's rate cut expectations have been pushed further back. Currently, the market generally anticipates the earliest rate cuts to occur in September 2025. Even worse, if the Fed's core Personal Consumption Expenditures (PCE) data, which is expected to be released today, also shows an increase, the market may reprice rate hike expectations. The two-year U.S. Treasury yield has already broken out of its symmetrical triangle, with technical analysis suggesting its next target could be 5%, further strengthening expectations that the Fed may resume rate hikes instead of continuing to cut rates. 4. Liquidity is shrinking On Thursday (February 13), the Federal Reserve's overnight reverse repurchase agreement (RRP) usage dropped to $67.82 billion, the lowest level since April 2021, indicating that market liquidity is rapidly contracting. From this data, it is evident that U.S. stocks lack fundamental support for their rally. However, under such circumstances, the significant rise in U.S. stocks raises questions about whether emotional trading and market manipulation are at play. --- 2. Crowded markets: Risk appetite reaches extremes Scott Rubner, Managing Director and Tactical Expert at Goldman Sachs Global Markets, published a report following last night's U.S. stock market rally, bluntly stating that this is his final bullish email on U.S. stocks for this quarter. He pointed out: > “Everyone is in this pool, including retail investors, 401(k) retirement fund inflows, beginning-of-year fund allocations, and corporations. The dynamics of fund flow demand are rapidly changing, and negative seasonality is approaching.” This suggests that the market is already too crowded, and the momentum for buying on dips is rapidly diminishing. The following data further confirms the extreme crowding in the market: 1. Assets in leveraged long equity ETFs reached a record high of $95 billion last week, compared to $67.6 billion during the stock market frenzy of 2021. 2. Since the third quarter of 2022, the total assets of funds using derivatives for long bets have tripled. 3. Assets in leveraged short equity ETFs decreased by $13.3 billion, falling to $8.5 billion. In other words, for every $1 in leveraged short ETFs, there is a record $11 in leveraged long ETFs. The level of crowding in market trading has reached an extreme, or even "crazy," state. This extreme risk appetite has planted hidden risks for the future trajectory of the market. --- 3. Why did gold pull back? In such an extreme market environment for U.S. stocks, gold, as a safe-haven asset, failed to reach new highs last Friday and instead retreated. The reasons behind this phenomenon mainly include the following: 1. A stronger U.S. dollar Due to rising expectations that the Fed may resume rate hikes, the U.S. Dollar Index saw a significant rebound last Friday. Gold prices typically have a negative correlation with the dollar, and a stronger dollar directly suppressed gold's upward momentum. 2. Rising real interest rates The upward movement in the two-year U.S. Treasury yield and the market's repricing of the Fed's monetary policy caused real interest rates to rise. Gold, as a non-yielding asset, is highly sensitive to real interest rates. Rising real interest rates weaken gold's appeal. 3. Market sentiment shifting toward risk assets Despite the market's uncertainties, the strong performance of U.S. stocks attracted substantial capital inflows into risk assets. Increased risk appetite among investors reduced demand for safe-haven assets like gold. 4. Technical resistance From a technical analysis perspective, gold faced significant resistance near its previous highs. Profit-taking by bulls further exacerbated gold's pullback. --- 4. Technical Analysis Weekly Chart It is evident that gold has entered a period of consolidation near its top. Last week closed with a bearish candle, forming a multi-candle evening star pattern on the weekly chart, which is a bearish reversal signal. For the upcoming week, the trading strategy will focus on identifying short opportunities on lower timeframes. Four-Hour Chart The five-wave structure appears to have ended, with the final wave reaching higher and broader levels than previously anticipated. Considering the gradual formation of a top structure, next week's trading plan will focus on short opportunities below the four-hour EMA. --- GOOD LUCK! LESS IS MORE!
OANDA:XAUUSDShort
by FUNTRADER-Vera
XAU/USD Short Trade Setup – Bearish Rejection from ResistanceGold is showing **signs of weakness** near the **$2,903 - $2,863** resistance zone, which aligns with the Fibonacci retracement and previous price action. This setup favors a short position, aiming for a deeper retracement. ### 🔹 **Trade Setup:** - **📍 Entry:** Around **$2,903 - $2,863**, key resistance levels. - **🛑 Stop Loss:** Above **$2,942**, to avoid false breakouts. - **🎯 Take Profit Targets:** - **First TP:** **$2,843** (early support zone) - **Second TP:** **$2,824** (-0.5 Fibonacci level) - **Extended TP:** **$2,785** (-1 Fibonacci level for a deeper correction) ### 📊 **Trade Rationale:** ✅ **Key Resistance Zone:** Price is struggling around $2,903 - $2,863, suggesting a potential reversal. ✅ **Fibonacci & Market Structure:** The setup aligns with key retracement levels and past support zones. ✅ **Bearish Confirmation Needed:** Watching for rejection wicks or lower timeframe breakdowns before full commitment. ### ⚠️ **Risk Management:** - If price **breaks above $2,942** with strong momentum, I will **exit** the trade. - Monitoring **volume and candlestick patterns** for additional bearish confirmation. Let’s see how this setup unfolds! 🚀📉 Would you adjust any levels, or does this match your plan? 🤔
TVC:GOLDShort
by me22_
Attempt to find ATH again for the 3rd time - gold price down⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: US real yields, which move inversely to gold prices, rose 4.5 basis points to 2.086%, putting pressure on bullion. Fed Governor Christopher Waller expects President Donald Trump's new trade restrictions to have only a minor effect on prices. Meanwhile, Philadelphia Fed President Patrick Harker reiterated his support for steady interest rates, noting that inflation remains high and persistent. ⭐️ Personal comments NOVA: Gold returns to ATH 294x zone, 3rd attempt to create ATH but will continue to decrease, need more tax news in the near future ⭐️ SET UP GOLD PRICE: 🔥 SELL GOLD zone: $2942 - $2944 SL $2949 TP1: $2935 TP2: $2920 TP3: $2910 🔥 BUY GOLD zone: $2901 - $2899 SL $2894 TP1: $2906 TP2: $2915 TP3: $2925 ⭐️ 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
6
Correction down - gold under selling pressure⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The World Gold Council (WGC) reported that central banks bought over 1,000 tons of gold for the third year in a row in 2024. After Trump's election win, central bank gold purchases jumped by more than 54% year-over-year, reaching 333 tons, according to WGC data. Meanwhile, futures on money market Fed funds rates suggest the Federal Reserve is expected to cut rates by 38.5 basis points in 2025. ⭐️ Personal comments NOVA: Gold price recovered to the h1 trendline area, will continue to be under selling pressure, trading below 2900 ⭐️ SET UP GOLD PRICE: 🔥 SELL GOLD zone: $2923 - $2925 SL $2930 TP1: $2918 TP2: $2910 TP3: $2900 🔥 BUY GOLD zone: $2855 - $2857 SL $2850 TP1: $2862 TP2: $2870 TP3: $2880 ⭐️ 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
10
Today's xauusd trend shows obvious signals!!!Since this week, the gold market has fluctuated upward on Monday, unilaterally rose on Tuesday, and may adjust on Wednesday. With the accumulation of market sentiment, it is expected to break through the previous highs on Thursday and Friday and continue to explore the 2980-3000 area. Gold technical analysis: From the technical analysis point of view, the gold four-hour K-line chart clearly shows a triple top pattern. The 2940 line is like an insurmountable natural gap. Every time the K-line touches this point, it will be ruthlessly blocked. At present, the deviation between the K-line and the moving average is large. According to market rules, the K-line will most likely move closer to the moving average in the short term. After careful analysis, the moving average is near 2910, which has become our expected target price. At present, we will still focus on the highs of 2940-2950. This is the third time that the point 0 has been touched. If there are repeated fluctuations here and no historical highs are broken, I still think that gold will continue to fall and continue to maintain box-shaped fluctuations. This is the current market trend! Overall, today's short-term gold operation strategy is mainly to short on rebound and long on pullback. In the short term, pay attention to the upper pressure 2940-2942 line resistance, and pay attention to the lower support 2916-2905. Now we will wait patiently for a suitable trading plan. Mr. Baker OANDA:XAUUSD TVC:GOLD FOREXCOM:XAUUSD
OANDA:XAUUSD
by Beck_Ledley