Keep shorting gold, target 2730-2720Dear traders,
During today’s retracement, gold reached an intraday low near 2736 before rebounding above 2750. Will gold continue its upward momentum?
In my opinion, the recent pullback to the 2736 level is far from sufficient to establish a complete correction. Although gold has rebounded above 2750, it has yet to break yesterday’s high. If a lower high forms near the 2760 technical resistance zone, gold is likely to maintain its current downward trend. Furthermore, the formation of a single candlestick with a long lower shadow on the lower timeframes does not constitute strong and reliable support, which suggests limited upside potential. This rebound could also serve as a bull trap, enticing buyers before resuming the decline.
From a short-term trading perspective, I continue to advocate for shorting gold, targeting the 2730–2720 support zone. Bros, are you still optimistic about the 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!
Xauusdtrade
Continue and try to short gold with a target of 2760Dear traders.
Gold unexpectedly accelerated during the early hours, surging to around 2778, which was beyond my expectations.Gold has currently reached a maximum of around 2785.
It’s evident that the only significant resistance lies at the previous high of 2790 or the psychological level of 2800, leaving limited upside room. Therefore, I continue to advise against chasing long positions on gold in the short term. At this stage, technical indicators have been significantly overshadowed, and market sentiment has become a more critical factor to monitor.
In the context of short-term trading, I recommend avoiding long positions to reduce the risk of being trapped at high levels in the event of a sharp selloff triggered by profit-taking or liquidation of long positions. Instead, I prefer taking short positions with well-defined stop-loss levels. Even if gold continues to rise and hits the SL, the loss will be manageable, and the capital will remain intact. On the other hand, if a sudden crash occurs, short positions could yield significant profits.
Bros, are you still optimistic about the 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!
Continue to short goldDear traders, yesterday we adhered to our strategy of shorting gold near the 2760 level, and gold has now retraced as expected to the 2740 level. We closed our short positions around 2741. Although we didn’t catch the absolute bottom, I’m pleased that we secured the majority of the profits. While the majority of the market was chasing long positions, we strategically opted to short gold. This not only yielded significant profits but also protected our capital from being trapped at higher levels during the retracement. A well-executed and commendable trading strategy!
Currently, after testing the 2740 level, gold has rebounded, but the strength of the rebound appears to be considerably weaker. I believe that market sentiment toward gold is shifting, with traders becoming less blindly confident in long positions. If gold’s upward momentum continues to weaken, it could trigger profit-taking among long positions, leading to increased selling pressure.
For short-term trading, I will maintain my preference for shorting gold in the 2750–2760 range.Bros, have you followed me to short 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!
Stick to shorting goldDear Traders,
As I mentioned in my previous update, we can still consider shorting gold around the 2785 level, anticipating a short-term pullback to the 2770-2760 range.
Currently, gold has reached a high of 2785, just a step away from the previous high of 2790. At this stage, technical indicators have become less significant, with the 2790 resistance zone and the psychological level of 2800 serving as the primary reference points for initiating short positions.
Although gold is demonstrating strong bullish momentum, I sense some signs of a "short squeeze." If profit-taking or a sell-off of profit-holding positions occurs, gold could experience a sharp correction. For this reason, despite the strong uptrend, I remain cautious and refrain from chasing the rally. Instead, I continue to utilize the **2790-2800** resistance zone as a basis for attempting short positions.
Bros, are you still optimistic about the 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!
Start shorting goldDear Traders,
Gold has now surged above 2750, with bullish momentum remaining robust. It appears that gold is showing signs of attempting to challenge the previous high of 2790. However, as prices continue to rise, the risks also increase. For short-term trading, I would avoid chasing long positions unless there is a significant pullback opportunity.
Despite gold's strong upward trajectory, I believe there are indications of a short squeeze. Therefore, I do not advocate aggressively pursuing further long positions at this stage. In the near term, gold faces resistance in the 2760–2765 range. If it fails to decisively break through this level, there is a high probability of a notable correction. Consequently, I currently prefer to explore opportunities to short gold, targeting the 2735–2730 zone, or potentially as low as 2720.
Bros, do you expect gold to retrace in the short term like me? 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!
XAU/USD 22 January 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Analysis and Bias remains the same as yesterday's analysis dated 21 January 2025, however, CHoCH positioning has changed, bringing it closer to current price action.
Previous analysis has been met. Following price printing bearish CHoCH, price has printed a further bullish iBOS. This has significantly narrowed the internal range.
Price did not trade into either discount of 50% or H4 demand zone before targeting weak internal high, however, on this occasion I will remain systematic in my approach and revisit later.
Intraday Expectation:
Price to print bearish CHoCH to indicate, but not confirm bearish pullback phase initiation. Bearish CHoCH positioning is denoted with s blue dotted line.
It would be useful to remember that Daily TF swing and internal range are bullish.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Yesterday's bias and analysis was met with price targeting weak internal high and printing a further bullish iBOS
Price has printed a bearish CHoCH to indicate, but not confirm bearish pullback phase initiation.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of 50% EQ or M15 demand zone before targeting weak internal high priced at 2,758.670.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
When gold retraces, be brave enough to buy goldDear traders:
As I expected, gold failed to fall below 2700 even during the recent bull-bear game. The 2695-2690 area has formed a support area that cannot be ignored, which is conducive to the continued rise of gold.
At present, gold has formed a new low structure near 2700 many times in the local structure, so gold may form a new relay platform near 2700. Once the relay platform is successfully built, it will further stimulate buying to support gold to continue to rise to the 2740-2750 area. As mentioned in my previous article, during the fierce battle between the bulls and bears for control of gold, I have already bought gold near 2702. At present, gold has rebounded above 2709 again. Our long positions have begun to make good profits. Wait patiently for gold to take off!
Bros, have you followed me to do long 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!
Gold is expected to hit the 2740-2750 zone, buy gold!Dear traders:
Although gold shows the characteristics of non-continuation of rising, it is still in an upward structure as a whole, so gold still has the potential to continue to rise, so I think 2725 is definitely not the highest point.
At present, gold is in an upward trend, and the 2695-2690 zone below forms an unignorable support structure, while the 2680 below becomes the absolute defense of the bulls, and gold may continue to the 2740-2750 zone in the upward trend. Therefore, in short-term trading, we still mainly use the support area as a defense to go long on gold.
Bros, are you optimistic about the continued rise 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!
XAU/USD 21 January 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Previous analysis has been met. Following price printing bearish CHoCH, price has printed a further bullish iBOS. This has significantly narrowed the internal range.
Price did not trade into either discount of 50% or H4 demand zone before targeting weak internal high, however, on this occasion I will remain systematic in my approach and revisit later.
Intraday Expectation:
Price to print bearish CHoCH to indicate, but not confirm bearish pullback phase initiation. Bearish CHoCH positioning is denoted with s blue dotted line.
It would be useful to remember that Daily TF swing and internal range are bullish.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Price has printed as per my previous analysis dated 17 January 2025 with price targeting weak internal high following a very deep pullback.
Price has printed a bearish CHoCH to indicate, but not confirm bearish pullback phase initiation.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of 50% EQ or M15 demand zone before targeting weak internal high priced at 2,733.060.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
XAU/USD "GOLD vs US Dollar" Metal Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the XAU/USD "GOLD vs US Dollar" Metal market. Please adhere to the strategy I've outlined in the chart, which emphasizes long & Short entry. 👀 So Be wealthy and safe trade 💪🏆🎉
Entry 📈 : You can enter a Bull or Bear trade at any point after the breakout.
Buy entry above 2725.00
Sell Entry below 2690.00
Stop Loss 🛑: Using the 2H period, the recent / nearest Pullbacks.
Goal 🎯: Bullish Robbers TP 2790.00 (or) Escape Before the Target
Bearish Robbers TP 2660.00 (or) Escape Before the Target
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
The XAU/USD (Gold) market is expected to move in a bullish direction, driven by several key factors.
BULLISH FACTORS:
Global Economic Uncertainty: The ongoing global economic uncertainty, including the COVID-19 pandemic and trade tensions, is expected to increase demand for gold as a safe-haven asset.
Central Bank Policies: The central banks' dovish monetary policies, including interest rate cuts and quantitative easing, are expected to support gold prices by increasing liquidity and reducing the costs.
Inflation Expectations: The rising inflation expectations, driven by the increasing money supply and the potential for higher commodity prices, are expected to support gold prices as a hedge against inflation.
Geopolitical Tensions: The ongoing geopolitical tensions, including the US-China trade war and the Middle East conflicts, are expected to increase demand for gold as a safe-haven asset.
UPCOMING FUNDAMENTAL ANALYSIS:
US Federal Reserve Meeting: The upcoming US Federal Reserve meeting is expected to result in a decision to keep interest rates low, which could support gold prices.
US GDP Growth: The upcoming US GDP growth report is expected to show a slowdown in economic growth, which could increase demand for gold as a safe-haven asset.
China's Economic Data: The upcoming China's economic data, including GDP growth and industrial production, is expected to show a slowdown in economic growth, which could increase demand for gold as a safe-haven asset.
Commodity Prices: The upcoming commodity prices report is expected to show an increase in commodity prices, which could support gold prices as a hedge against inflation.
MARKET SENTIMENT:
Bullish Sentiment: 60%
Bearish Sentiment: 30%
Neutral Sentiment: 10%
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
XAU/USD "GOLD vs US Dollar" Metal Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the XAU/USD "GOLD vs US Dollar" Metal market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade at anypoint,
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 2H period, the recent / nearest low or high level.
Goal 🎯: 2740.00 (or) Escape Before the Target
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
Based on the fundamental analysis, the XAU/USD is expected to move in a bullish direction. Here are some key factors that support this prediction:
Increasing Demand: Central banks and investors are increasing their gold reserves, driving up demand and prices.
Inflation Concerns: Rising inflation expectations and a potential decline in the US dollar's value could boost gold's appeal as a hedge against inflation.
Geopolitical Tensions: Escalating tensions between major economies and global hotspots could lead to safe-haven buying and drive up gold prices.
Dovish Central Banks: Central banks' dovish monetary policies, such as low interest rates and quantitative easing, could weaken currencies and boost gold prices.
Technical Analysis: Bullish technical indicators, such as the ascending Ichimoku Cloud, suggest a potential upside move in gold prices.
Seasonal Trends: Gold prices tend to rise during the summer months, driven by increased demand from jewelers and investors.
Weakening US Dollar: A decline in the US dollar's value could make gold more attractive to investors and drive up prices.
Increasing Investment Demand: Growing demand from exchange-traded funds (ETFs) and other investment products could drive up gold prices.
Supply Constraints: Limited gold supply and potential production disruptions could lead to higher prices.
Monetary Policy Uncertainty: Uncertainty surrounding central banks' monetary policies could lead to increased demand for gold as a safe-haven asset.
These bullish factors suggest that gold prices could potentially rise in the near future. However, it's essential to consider both bullish and bearish factors and stay up-to-date with market news and analysis to make informed trading decisions.
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
XAU/USD "GOLD vs US Dollar" Metal Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the XAU/USD "GOLD vs US Dollar" Metal market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade at anypoint,
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 2H period, the recent / nearest low or high level.
Goal 🎯: 2760.00 (or) Escape Before the Target
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
Based on the fundamental analysis, the XAU/USD is expected to move in a bullish direction. Here are some key factors that support this prediction:
Global economic uncertainty: The ongoing global economic uncertainty, including trade tensions and geopolitical risks, is likely to drive investors towards safe-haven assets like gold.
Low interest rates: The low interest rate environment, particularly in the US, is making gold a more attractive investment option, as the opportunity cost of holding gold is lower.
Inflation expectations: The rising inflation expectations, driven by the ongoing economic recovery and monetary policy easing, are likely to support gold prices.
Central bank buying: The continued buying of gold by central banks, particularly in emerging markets, is likely to support gold prices.
Technical factors: The technical analysis suggests that gold is forming a bullish trend
Fundamental Indicators:
Global economic uncertainty: High
Interest rates: Low
Inflation expectations: Rising
Central bank buying: Ongoing
Technical factors: Bullish trend
Market Sentiment:
Bullish sentiment: 70%
Bearish sentiment: 30%
Neutral sentiment: 0%
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
Mastering XAUUSD Gold Trading: A Trading Plan For Success!🌟 In this video, I share my detailed trading plan and emphasize why a well-structured strategy is 🔑 to success. Learn how to trade Gold 🪙 using a trend continuation approach while leveraging TradingView's powerful tools and features to gain a real edge in the markets. 🖥️✨
Here’s what we’ll cover:
📊 Trend Analysis: A top-down review of market direction to identify opportunities.
📈 Market Structure & Price Action: Key insights into how price moves and behaves.
🎯 Trade Planning: Using higher timeframe support and resistance levels to set stop loss and target points.
🛠️ TradingView Features: Practical tools to refine your analysis and boost efficiency.
This video is an in-depth guide to trading effectively with a proven strategy, enhanced by TradingView's unique capabilities. 🚀 Please remember, this is not financial advice. 📜
Continue to short gold after the reboundI have published today's trading strategy in the channel, although gold’s decline has started to slow and localized rebounds are emerging, I believe the overall trend has not reversed, and the downward movement is likely to continue. Therefore, I do not think this is the right time to go long on gold. Opening long positions now could result in those positions being overwhelmed by the continued bearish momentum.
For short-term gold trading, I will maintain my strategy of shorting gold following any rebounds. The short-term short-selling target area mainly focuses on 2672-2682,and my target remains in the 2660-2650 range. Stay disciplined and patient in executing your trades!
Bros, are you optimistic about the 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!
NFP market, try to short gold!Dear traders:
Gold is currently hovering around 2680, maintaining a bullish structure. However, based on the current price action characteristics, I am hesitant to continue chasing long positions. Over the past two days, there has been significant volatility, with many false signals emerging, making me cautious about blindly going long on gold.
With the NFP and unemployment rate data set to be released in 30min, I believe that even if gold continues its upward trend, the news-driven market may first flush out many lower-level long positions. As a result, gold could experience a pullback before resuming its trajectory.
So in short-term trading, I will still choose to short gold in the 2680-2690 zone first, with the target pointing to the 2660-2650 region.Bros, are you optimistic about the 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!
XAU/USD "GOLD vs US Dollar" Metal Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the XAU/USD "GOLD vs US Dollar" Metal market. Please adhere to the strategy I've outlined in the chart, which emphasizes long & Short entry. 👀 So Be wealthy and safe trade 💪🏆🎉
Entry 📈 : You can enter a Bull or Bear trade at any point after the NFP news.
Stop Loss 🛑: Using the 4H period, the recent / nearest Pullbacks.
Goal 🎯: Bullish Robbers TP 2730.00 (or) Before
Bearish Robbers TP 2630.00 (or) Before
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
The XAU/USD is looking bullish right now, with the gold price sticking to its intraday gains near a multi-week top. The Fed's hawkish stance and elevated US bond yields are capping gains, but traders are still optimistic about the precious metal's potential.
From a technical perspective, the breakout through the $2,665 horizontal resistance is seen as a fresh trigger for bullish traders. The gold price seems poised to climb further to the $2,681-2,683 intermediate hurdle and then aim to reclaim the $2,700 round-figure mark.
However, there are also some bearish signals to watch out for, such as the potential for a stock market crash and the rising yield curve. If the XAU/USD breaks below the $2,655 area, it could be seen as a buying opportunity, with support near the $2,635 region and the weekly low around the $2,615-2,614 zone.
Overall, the XAU/USD is expected to move in a bullish direction, with a potential upside target of $2,700. But, as always, it's essential to keep an eye on the market and adjust your strategy accordingly.
Some key factors to watch out for include the release of the US Nonfarm Payrolls report, which could impact the gold price, as well as the overall sentiment in the market. The gold-to-silver ratio is also an important indicator to keep an eye on, as it can provide insights into the relative strength of gold versus silver .
So, to sum it up, the XAU/USD is looking bullish right now, but it's crucial to stay informed and adapt to any changes in the market.
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
Be prepared to short gold anytime!Dear traders,gold has recently accelerated its upward momentum, reaching a high of $2674. As I’ve consistently projected, gold was set to rise toward the $2670–$2680 range, and now that prediction has been fulfilled! For those of you who have followed my trading strategies and maintained long positions, I trust you’ve achieved substantial profits in this bullish gold market.
Now that gold has successfully reached the $2670–$2680 zone, the question is: how should we trade gold next? While gold remains in a robust uptrend, the short-term upside appears limited to an additional $10–$20, suggesting a potential move toward the $2685–$2695 range. However, due to potential external factors or market catalysts, gold could face a pullback before reaching this level. As such, chasing gold at these elevated prices poses significant risks.
So, how do we position ourselves for shorting gold? If gold extends its climb into the $2680–$2690 zone, I plan to initiate short positions gradually, leveraging both fundamental market news and technical divergence signals. Gold may encounter resistance in this range and could reverse, initiating a corrective move.
Are you ready to capitalize on the opportunity to short gold? Let’s stay vigilant and prepared for the next big move! 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!
1/9 Gold Trading StrategiesThe previous decline has been almost fully recovered, and from a rebound perspective, it is nearing its conclusion. A pullback of about 1/3, roughly $30, is expected next, which presents a trading opportunity.
Sell between 2670 and 2685, with a take profit (TP) target at 2638-2628.
Buy gold on dips, the rise may extend to 2680-2690Bros, as outlined in the trading strategy shared in my previous article, we went long on gold near the 2640 level. Subsequently, gold rallied as anticipated, hitting my target zone of 2655-2660. We manually closed our long positions around 2659, securing an easy profit of nearly 200 pips—a highly effective trading strategy!
In the short term, gold reached a high of around 2664 during its upward movement. However, due to the impact of PMI data, gold experienced a sharp pullback and is now trading back near the 2642 level. Despite this data-driven decline, I do not recommend chasing liquidity by shorting gold. The bullish structure remains intact, as evidenced by multiple pullbacks that failed to disrupt the uptrend. Moreover, strong buying interest at lower levels continues to support gold, which still has potential for further upside. I anticipate that this round of upward movement may at least test the 2670-2675 zone, with the possibility of extending to 2680-2690.
For the upcoming trades, our primary strategy remains to buy on dips. Key support levels are concentrated in the 2630-2640 range.Bros, are you optimistic about the continued rise 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!
Buy gold, target: 2655-2660Although gold briefly dropped to the 2615 level yesterday, it quickly rebounded, indicating strong buying interest below. Many investors have been gradually accumulating positions during the pullback, which underscores gold's strong resistance to further declines.
Additionally, gold has recently shown a tendency for sudden and unpredictable price swings, eliminating a significant portion of positions through repeated shakeouts.This is why I often mention locking profits in time in recent transactions.
In short-term trading, I remain bullish on gold. Therefore, I suggest patiently waiting for a pullback and using the 2640-2630 zone as support to gradually build long positions in gold.
Bros, do you believe gold will extend its rebound? If you’re interested in learning more detailed trading strategies and receiving additional trade signals, you can join the channel linked at the bottom of the article. Let’s make trading easier and turn profit-making into an enjoyable journey!
Buy gold!Bros, earlier today, we initiated our first trade by going long on gold around the 2628 level, and we have now closed our long position near 2647. While we didn’t capture the absolute peak, we still secured an easy profit of nearly 200 pips.
Currently, after touching the 2649 level, gold has slightly pulled back and is now trading around 2642. Despite gold briefly dipping to the 2625 level earlier today, the overall bullish structure remains intact. As I mentioned on Friday, short-term pullbacks in gold are merely corrections of the prior uptrend and serve to build momentum for further upside. Therefore, I continue to maintain a bullish bias in my trading approach.
Since gold has resumed its rebound, for the upcoming short-term trades, we can consider using the 2640-2635 zone as a support level and start going long on gold again!
Bros, do you believe gold will extend its rebound? If you’re interested in learning more detailed trading strategies and receiving additional trade signals, you can join the channel linked at the bottom of the article. Let’s make trading easier and turn profit-making into an enjoyable journey!