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Xauusdtradingstrategy

Start buying goldTechnical aspects: Gold has bottomed out and rebounded after a rapid decline today. It has now stood above 3330. When gold breaks above 3330, it has to some extent broken away from the technical repair structure and began to tend to a bullish pattern in terms of form. Although gold is currently under pressure in the 3350-3360 area, as the center of gravity of gold moves up, the support below has gradually moved up to the 3325-3315 area. So I think there is still room for gold to rise, and it may continue to rebound to the 3345-3365 area. Trading strategy: Consider going long on gold in the 3330-3320 area, TP: 3345-3365
OANDA:XAUUSDLong
by Steffen_Schade
Golden stage low area: 3285-3275！Fundamentals: 1. Focus on Trump's dynamics and tariff-related issues; 2. Pay attention to whether geopolitical conflicts will escalate, including the situation between India and Pakistan, Russia and Ukraine, and the situation between the United States and Iran, etc. The current expectation of interest rate cuts has declined, and the tariff storm has cooled down. At the same time, the market is betting on a further trend correction, which may cause capital outflows from the market, which will further hit gold bulls! Technical aspects: As I expected in my previous article, gold is expected to fall below 3300. Sure enough, gold has shown signs of falling below 3300. In the current structure, gold may further extend to the 3280-3270 area, which is also an important support area of ​​primary concern in the short term; and as gold fell sharply, the market was bearish, and short-term resistance also moved down to the 3315-3325 area. Trading strategy: 1. Consider the shorting opportunity after gold rebounds to the 3315-3325 area, TP: 3300-3290 2. Consider the longing opportunity after gold falls to the 3285-3275 area, TP: 3300-3310
OANDA:XAUUSDShort
by Steffen_Schade
Gold is expected to pull back, short gold!Fundamentals: Focus on the Fed's interest rate decision and Powell's speech; I think the Fed will keep the interest rate decision unchanged this time, at least it will not announce a rate cut this time, which may suppress the gold market; Technical aspects: Before the Fed's interest rate decision, gold is currently in a volatile state. However, relatively speaking, it is currently in a volatile and bearish state, with short-term resistance in the 3395-3405 area; and gold has repeatedly tested the 3370-3360 below during the retracement process. After multiple tests, gold may be more likely to break through this support area; the key support below is in the 3360-3350 area, followed by the 3320-3310 area. Trading strategy: Consider shorting gold in the 3395-3405 area, TP: 3370-3360
OANDA:XAUUSDShort
by Steffen_Schade
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Gold still has the potential to extend to 3420-3430.Fundamentals: Focus on the Fed's interest rate decision; Technical aspects: Gold rose to 3397 and encountered resistance and fell back, and the bulls' momentum was insufficient. But I think the gold bulls are far more than that. Gold is bound to hit 3400, and even continue to the 3420-3430 area; since gold rebounded after hitting 3200, it has repeatedly built a solid bottom structure support below, and the oscillating rise has effectively supported the continued rebound of gold. As the center of gravity of gold moves up, the support structure also gradually moves up. The current short-term support is in the area around 3380-3370, and the second is in the area of ​​3365-3355. Trading situation: According to today's trading strategy: Go long on gold at 3350 in the morning and around 3375 in the afternoon. In order to lock in profits in time, manually close orders at 3366 and 3394 respectively. Today, the total profit in gold long transactions exceeded 360pips. Trading strategy: During the rising shock, there are profit opportunities for both long and short parties in some areas, but currently, overall, bulls have the advantage and are mainly long gold. Consider the opportunity to go long when gold falls back to the area around 3380-3370, TP: 3400.
OANDA:XAUUSDLong
by Steffen_Schade
Start shorting gold and seize the opportunity to make a profit!!Fundamentals: Focus on Trump and the Fed Technical aspects: Gold fell back to around 3253 and then rebounded, and continued to rise to around 3318. The upward momentum in the short term looks particularly strong. According to the current structure, as gold gradually rebounds, off-market buying funds gradually enter the market, pushing gold further up. However, when facing the previous turning point position area of ​​3325-3335, the market is cautious and it is difficult to break through this area in a short period of time. Therefore, when gold gradually approaches the 3325-3335 area, gold may usher in a wave of retracement in the short term; obviously, the retracement area we can foresee is the 3295-3285 area first. Trading strategy: Consider shorting gold in the 3315-3325 area, TP: 3295-3285
OANDA:XAUUSDShort
by Steffen_Schade
Gold is expected to rebound to the 3270-3275 areaFundamentals: Focus on today's NFP market; Technical aspects: Gold stopped falling near 3200 and gradually rebounded, and has now rebounded to around 3240. As for this round of rebound, I have actually made it clear in my previous opinion that the bulls and bears are wrestling at the 3200 mark, and there will still be repeated in the short term, and after the downward trend slows down, some trapped bulls must have self-rescue behaviors, so it is not surprising that gold has rebounded. From the current structure, gold has not shown a clear bottoming signal, so the gold rebound is only temporary, and gold will continue to fall after the rebound. From the perspective of frequent switching of intervals, since gold has broken through the area near 3235 during the rebound, the rebound may continue, and is expected to continue to the area near 3270-3275. After breaking through this area, it is even expected to continue to around 3290. This is the position area where we must focus on entering the short position. Trading strategy: 1. Consider buying gold in the 3235-3230 area, TP: 3245-3255; pay attention to setting protection. 2. Consider selling gold in batches after gold rebounds to the 3270-3275 area, TP: 3240-3230
OANDA:XAUUSDLong
by Steffen_Schade
The bearish trend is obvious, 3180 is foreseeable!Fundamentals: Focus on US economic data and Fed dynamics; Technical aspects: After gold fell below the recent low support area of ​​3260, the bearish trend became more obvious. Although gold has stopped falling near 3220, there is no obvious sign of bottoming out. From the current structure, gold still has room to fall, and the area near 3180 can be foreseen in the short term. However, after a sharp drop in gold, there may still be repetitions in the short term, so it is not advisable to over-short gold for the time being. Gold still has the possibility of a short-term rebound to the 3245-3255 area. Trading strategy: 1. Consider waiting for gold to rebound to the 3245-3255 area before shorting gold; TP: 3235-3225; 2. Consider trying to go long on gold in small batches in the 2330-2320 area, TP: 3245-3255, and then short gold after reaching the target area.
OANDA:XAUUSDShort
by Steffen_Schade
Buy gold, there is a rebound in the short term!Fundamentals: Focus on US economic data and Fed dynamics; Technical aspects: Gold fell below 3290 as expected, and even fell below 3280 beyond expectations. Our short positions also made a lot of money. At present, gold continues to fall to around 3272. Although the short momentum is relatively obvious, it is already close to the recent low support of 3265-3260. I think that before the NFP market, gold may not form a unilateral downward trend, so there are still repeated ups and downs in the short-term trend. Therefore, when approaching the low support area of ​​3265-3260, we might as well consider short-term long gold. Trading strategy: Consider going long gold in the 3275-3265 area, hoping that gold can rebound to the 3285-3295 area.
OANDA:XAUUSDLong
by Steffen_Schade
Short gold, gold may continue to fall to 3245-3235Fundamentals: 1. Focus on the performance of US economic data and the dynamics of the Federal Reserve; 2. Pay attention to whether the geopolitical conflicts will escalate, including the situation between India and Pakistan, Russia and Ukraine, and the situation between the United States and Iran, etc. Technical aspects: The rebound momentum of gold has gradually weakened, and gold has failed to effectively break through the 3320-3330 resistance zone many times recently, and has built multiple short-term top structures in this area, which has limited the height of gold rebound and further strengthened the bearish sentiment in the market, which is conducive to further decline of gold. In addition, gold has tested the area near 3260 many times, which has weakened the support strength of this area to a certain extent. Gold may fall below this area at any time and continue to the 3245-235 zone. Trading strategy: Consider shorting gold again with the 3315-3325 zone as resistance, and expect gold to fall below 3260 and continue to the 3245-3235 zone.
OANDA:XAUUSDShort
by Steffen_Schade
Don’t be afraid of pullbacks, we can still go long on goldFundamentals: 1. First, pay attention to the dynamics of Trump and the Federal Reserve; 2. Pay attention to whether the geopolitical conflicts escalate, including the situation between India and Pakistan, Russia and Ukraine, and the situation between the United States and Iran. Technical aspects: Compared with yesterday, although the bullish momentum is weak, it has not fallen below the support of the 3005-2995 area, and even failed to fall below 3000. In addition, as gold fluctuates and falls, there is a large amount of buying funds entering the market in the short term. In the recent short-term structure, gold has built a very obvious turning point near the 3300 area. Therefore, gold may still rebound to above 3330 before NFP. Short-term trading strategy: You can still consider continuing to go long on gold in the 3310-3300 area, TP: 3325-3335
OANDA:XAUUSDLong
by Steffen_Schade
After the gold frenzy, there will soon be a sharp correctionTo be honest, I must admit that I still hold a short position. I think there should be many people holding short positions now, but they are unwilling to admit that they hold short positions because they are losing money. I think it is not shameful to hold a short position now. Although gold has violently risen to around 3220, from the perspective of trading volume, gold is rising without volume. Without the support of trading volume, gold is destined to usher in a round of correction in the short term. And I have reason to believe that the accelerated rise of gold is suspected of being manipulated by large institutional funds. There are two purposes. One is to accelerate the rise to attract more retail funds to flow into the market to take over; the other is to raise prices arbitrarily to make it easier to sell. So the faster gold rises, the easier it is to collapse! We first aim at the retracement target: 3150-3130 area，or even 3120. So for short-term trading, I think we can still continue to short gold, and I am optimistic about the short position of gold! The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
OANDA:XAUUSDShort
by Trader_Marvin
Profitable Gold Price Action Strategy For Beginners To trade this Gold price action strategy, you need to learn just 2 simple things: support and resistance levels identification a couple of bullish and bearish price action patterns. In this article, I will share with you a complete guide for Gold trading with price action and reveal the best patterns for XAUUSD. Step 1 Your First task will be to execute complete structure analysis on a daily time frame. It means that you should identify all vertical and horizontal supports and resistances. From structure supports, we will look for buying opportunities. From structure resistances, we will look for selling the market. Above, you can see how a complete Gold support and resistance analysis should look. Step 2 Patiently wait for the test of one of these structures. In the example above, we see a test of Support. Step 3 Your next task will be to look for a price action pattern on an hourly time frame on one of these structures. You should look for a bullish pattern after a test of a structure support. You should look for a bearish pattern after a test of a structure resistance. Here is the list of classic bullish patterns that you should look for: falling wedge, bullish flag, double bottom, triple bottom, inverted head & shoulders pattern, cup & handle, ascending triangle. Once you identified a bullish pattern, simply wait for a signal - with horizontal patterns like a double bottom or cup & handle you should wait for a bullish breakout of its neckline - an hourly candle close above. With vertical patterns like a bullish flag or a falling wedge, you should look for a bullish breakout of its trend line - and hourly candle close above. Here is the list of classic bearish patterns that you should look for: rising wedge, bearish flag, double top, triple top, head & shoulders pattern, inverted cup & handle, descending triangle. Once you identified a bearish pattern, simply wait for a signal - with horizontal patterns like a double top or inverted cup & handle you should wait for a bearish breakout of its neckline - an hourly candle close below. With vertical patterns like a bearish flag or a rising wedge, you should look for a bearish breakout of its trend line - and hourly candle close below. Sometimes there will be the situation when you will encounter multiple patterns. The rule is that the more - the better. Above, we can see 2 bullish patterns on an hourly time frame, after a test of a key daily support on Gold: bullish flag pattern and cup & handle. The price broke the resistance line of the flag and a neckline of a cup & handle, giving us a strong bullish signal. Step 4 Open a trading position. Once you spotted a bearish pattern after a test of a key daily resistance, and a signal - a bearish breakout of a neckline or a trend line, sell Gold on a retest of a broken neckline/trend line. Stop loss will lie above the highs of the patterns. Take profit will be the closest 4H support. Once you spotted a bullish pattern after a test of a key daily support, and a signal - a bullish breakout of a neckline or a trend line, buy Gold on a retest of a broken neckline/trend line. Stop loss will lie below the lows of the pattern. Take profit will be the closest 4H resistance. In our example, a long position was opened on Gold on a retest of a broken neckline of a cup & handle formation. Stop loss lies below the lows, TP based on a 4H resistance. After some time, the price reached the target! This Gold price action strategy is simple and very profitable. Try this strategy by your own and good luck in trading Gold! ❤️Please, support my work with like, thank you!❤️
FOREXCOM:XAUUSDEducation
by VasilyTrader
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