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Xauusdtrade

#XAUUSD/H4 CPI today determines the long-term trend of GOLD.Analysis of the European - US session on August 13, 2024: On the second day, we have seen a strong increase in all sessions. Gold has approached the old peak area. Today's CPI news will determine whether a triple peak pattern will form and whether there will be a deep correction. A reversal creating a peak has appeared on H4. The trading trend today is mainly BUY. But caution is required in sensitive price zones like this. Price areas to watch: Zones 2430-2434; 2444-2447 and 2481-2486. Recommended orders: Plan 1: BUY XAUUSD zone 2430-2433 SL 2427 TP 2440 - 2450 - 2470. Plan 2: BUY XAUUSD zone 2444 - 2447 SL 2441 TP 2452 - 2460 -2470. Plan 3: SELL XAUUSD zone 2483 - 2486 SL 2492 TP 2475 - 2450 - 2430 - open.
FX:XAUUSD
by wetdyerap
Don’t worry, your short position will be profitable! .With certain buying support, gold was pushed up to around 2415, which was also the most positive day in the past two days. Do you still hold a short position in gold? What if the short position is in trouble? In fact, I am not nervous about the rebound of gold. I think there is nothing logically wrong with holding a short position in gold, and I firmly believe that gold will fall back, at least around 2390. Do you think you will still be nervous about holding a short position in gold? For the rebound of gold today, I think it is just a technical repair, and it is far from a strong reversal. In addition, gold is still facing suppression in the 2416-2420 area and the 2430-2435 area. Without the influence of major news, it is difficult for gold to form a technical support rise in a short period of time. Then the continuity of the gold rebound is not strong, and gold will fall again. So I don’t think there is any need to worry about holding a short position in gold. On the contrary, we can’t easily chase more gold in trading.Are you still worried about your gold short position? If you don’t know how to solve the current difficulties, you can follow me. I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
XAUUSD/GOLD Deep correction rhythm - Opportunity for investorsGold market analysis for the US session on August 7, 2024: Gold has formed a deep correction downtrend. This is an opportunity for us to make some good entries for long-term positions. Currently, gold has completed corrections from the m15 - H4 timeframe; a correction phase is seen at the D timeframe. Key levels to watch are: 2408 - 2412, 2424 - 2427, and 2350 - 2355. Recommended positions: Plan 1: SELL XAUUSD zone 2408 - 2411 SL 2414 TP 2400 - 2390 - 2368 - open. Plan 2: SELL XAUUSD zone 2425 - 2427 SL 2432 TP 2415 - 2400 - 2380 - open. Plan 3: BUY XAUUSD zone 2352 - 2355 SL 2348 TP 2365 - 2380 - 2386.
FX:XAUUSD
by wetdyerap
XAUUSD: Get ready for a gold reboundOANDA:XAUUSD Yesterday, financial markets plummeted due to recession fears, but today global stock markets and stock index futures are rebounding. Gold, despite its drop, is expected to bounce back as a safe-haven asset. Interest rate futures have almost fully priced in a 50 basis point rate cut by the Fed in September Once recession risks are mitigated, gold's liquidity will make it a top safe-haven choice, especially as purchasing power declines. Additionally, ongoing geopolitical crises will keep influencing gold prices Technically, 2420 is a key level. Breaking it could open up more upside potential. If not, the downtrend may continue. The 2380-2360 area is strong support; if it holds, prices may rise again, but if broken, further downside is likely If you have different views or questions, let's discuss the latest insights on GOLD
OANDA:XAUUSDLong
by AntonyTP
3
In the NFP market, gold is expected to fall back, short gold!In the past two days, due to the expectation of the Fed's rate cut and the surge in risk aversion, the gold market has once again pushed up above 2460, and it is only one step away from the previous high of 2484. The rise looks particularly strong. The bullish power of gold is relatively strong, but today NFP is the key to the short-term direction of the gold market. Compared with NFP, it may still be bullish for gold, but I think there is not much room for gold to continue to rise. It is obviously not advisable to directly chase gold now. So I think it is very likely that gold will rise and then fall in the future. If gold cannot break through 2480-2485 in the process of rising, then gold is expected to form an "M" top pattern and usher in a collapse and fall. So in terms of trading, I would advocate shorting gold in batches in the 2460-2470 area and the 2480-2490 area, and then patiently wait for gold to fall back! I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
Choose to short gold firstAt present, gold has touched 2430 again. From a technical point of view, the candlestick chart is under pressure in the 2430-2435 area. Moreover, the Federal Reserve's interest rate decision will be announced soon, and gold may be in a bullish pattern before then. Moreover, the gold market has recently risen due to multiple speculations about interest rate cuts. Even if the Federal Reserve cuts interest rates as expected, gold will continue to fall after the good news is fully released. So in terms of short-term trading, first of all, I will still choose to short gold in an appropriate amount near 2430! I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
#XAUUSD60 Does GOLD change direction after war news?Asia-Europe session analysis on July 31, 2024: The news of war has broken the downtrend on the M30 timeframe, indicating a high probability that prices will reach the liquidity zone of 30-33 and then experience a slight decrease before continuing the upward trend. However, on the H4 timeframe, closing and maintaining prices above the 2440-2445 zone is necessary for the uptrend to resume. The current analysis on the D timeframe still shows a downward trend. Today marks the end-of-month candle closing and is expected to bring unpredictable fluctuations. Key price levels to watch are 2408 - 2410 and 2440 - 2445. Recommended orders: Plan 1: BUY XAUUSD zone 2408 - 2410 SL 2404 TP 2413 - 2423 - 2430. Plan 2: SELL XAUUSD zone 2430-2433 SL 2435 TP 2427 - 2423 -2418.
FX:XAUUSDShort
by wetdyerap
Made a profit of 170 pips, continue to short gold!Under the influence of the weekend news, gold once rushed above 2400, but then quickly fell back. Just now, gold fell back to below 2370 again. Obviously, we shorted gold near 2391 and perfectly hit TP: 2374. We made considerable profits in the gold short position. Although gold has rebounded again after touching 2370, the rebound strength is still lacking. From the chart, 2410 is the last line of defense for gold at present, not only because 2410 is the suppression position of the daily moving average. Moreover, 2410 is where gold has always broken in the previous candle charts. You can see that gold has rushed above 2410 many times before, but in the end the daily closing line always closed below 2410. It can be seen that gold has rushed above 2410 many times before, but the final daily line closed below 2410. This is enough to prove the strong suppression position here at 2410. Therefore, as long as the daily line does not close above 2410, then gold is undoubtedly a strategy to keep shorting. From the 4-hour chart, we can see that gold is currently in a head and shoulders pattern, with the shoulder position changing from the previous 2420-2430 to the current 2390-2400. As long as the current shoulder position is confirmed, there is no doubt that it will also usher in a sharp drop as before. The 2350 position may not be the low point, and the final target position of this wave will most likely reach the 2340-2330 area. Therefore, we can focus on finding opportunities to short gold at present, with the first target below looking at 2350, and the second is the 2340-2330 area. I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
Short gold!Today, gold rebounded all the way to the 2390 area, but it is still blocked in the 2390-2395 area and has not broken through the key key level. Gold is currently just rebounding and cannot be characterized as a reversal. In addition, the short trend of gold has not changed, so even if it seems to rebound strongly, it does not affect the short trend. If it falls too much, there will naturally be a rebound, so there is no need to worry about the current rebound trend. So in terms of trading, what are we waiting for? We will definitely enter the market to short gold without hesitation, but with the rebound, our target needs to be adjusted appropriately, and the short-term target is the 2370-2365 area. I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
Go long on gold! Target 2420-2430Yesterday, gold fell to around 2384, and then began to fluctuate and rebound. It has now touched around 2412 and then fell again, and is now hovering around 2400. From a technical point of view, gold has formed a bottom pattern in the process of fluctuating and rebounding. Yesterday's low was 2384, and today's low was 2388. The lows are rising step by step, and it is trying to further break through yesterday's high of 2412. From the hourly chart, gold is very likely to follow a five-wave rising structure. The 2405-2400 area has become the top of the previous wave and is currently in a four-wave correction. As long as the current correction does not fall below the 2400-2395 area, there is no doubt that the next step is to break through the high of 2412. At present, the upper pressure is in the 2420-2430 area, so there is a high probability that it will try to touch above 2420 today. So in terms of trading, I will still give priority to long gold! I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDLong
by alongwineer
Gold continues to fall, is there still hope for bulls?Today, gold rebounded to around 2412 and then began to fall. The current minimum has fallen to around 2394. At present, gold is still in a weak position. But do gold bulls have no ability to counterattack? I don’t think so. Gold has stopped falling in the 2395-2390 area many times, so there is still room for defense in this area. In addition, the recent continuity of gold is not strong. If gold can hold the 2395-2390 area, gold may still build a double bottom technical structure in the short term, thereby supporting gold to rebound upward. As for whether it can reach 2480, it is not certain now, but gold has the opportunity to rebound to the 2420-2430 area again. So in terms of trading, we can appropriately consider going long on gold first, waiting for gold to rebound, and then looking for opportunities to short gold! I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDLong
by alongwineer
Gold fell as expected, making a huge profit of 500pipsThe magic was successfully demonstrated, and we finally met at 2430-2420! In the past two days, I have been emphasizing shorting gold and setting a target: 2430-2420. And the day before yesterday, I also emphasized in the article that shorting gold in batches in the 2470-2480 area, the target is 2430-2420. Today, gold continued to fall, and the lowest has reached around 2404. Perfectly hit our target area, we successfully made a profit of 500pips, a great deal! At present, gold has fallen sharply and has continuously broken through multiple short-term supports. Now it is not just a correction, but the market sentiment venting and the selling of chips have formed a combined force to stimulate gold to form a new downward trend. At present, gold has fallen below the support near 2410, and the short-selling counterattack has strong potential. At present, there is no technical structure to support the rebound of gold, so I think gold will definitely test the 2400 integer mark. If gold falls below 2400, then gold may accelerate its decline to the 2385-2360 area in the future. So in terms of trading, don't go long on gold for now; but the market won't give us a good position to go short easily. So what we have to do now is to wait and see! Of course, if gold has a chance to rebound to 2420, we can go short on gold. I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
See you at 2430!Gold rebounded again after a pullback to 2452, but during the rebound process, it only reached around 2475. Compared with the high point of 2484, the high point is gradually moving down, so the low point should also gradually fall. From the structure, gold is very likely to build a secondary peak in the 2475-2480 area. Once the construction is successful, the decline of gold will trigger a sell-off, and gold is likely to usher in a waterfall-like decline in a short period of time! Moreover, after gold rose rapidly to around 2484, short positions were basically swept away, and the market was enthusiastic about going long, especially when gold rose by $2, the bullish target could be set at 2500. So I have every reason to believe that gold is suspected of tempting to go long during the rebound. Then gold is likely to be brewing a downward trend to eliminate most of the long positions in the market and increase market liquidity! I currently still hold a short position near 2478, and the target is still in the 2430-2420 area. Let us wait and see, see you at 2430! I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
4