Get started

Xauusdtradingstrategy

As gold's rally stalls, do bears have a chance?Technical aspect: Gold is currently fluctuating in a narrow range around 3310, and the short-term direction is not clear. However, the rebound potential is relatively weak, but for the London market, gold's willingness to retreat is not strong; however, from a technical perspective, the current gold structure is still biased towards bulls, and gold still has the potential to continue to rebound to the area around 3330, or even the area around 3350; However, after the rise of gold stagnates, we still cannot aggressively chase gold in trading, one is to prevent technical retracement after the sharp rise of gold; the other is to prevent the retracement of gold in order to grab liquidity after the rise of gold stagnates. In the short term, the support area we must pay attention to is in the 3285-3275 area, followed by the 3260-3250 area. If gold cannot break through the 3320-3330 area in the short term, gold may still continue to test the support area. Trading strategy: 1. If gold still cannot effectively break through the area around 3320 in the short term, you can consider trying to short gold in small quantities around 3310-3320; TP: 3280-3270, set up protection to prevent gold from continuing to rise to 3330 or even 3350; 2. Consider going long on gold when gold retreats to the 3285-3280 area, set up protection to prevent gold from continuing to retreat to the 3260 area.
OANDA:XAUUSDLong
by Steffen_Schade
Continue to try to short goldTechnical aspects: Gold has risen sharply in the short term and has broken through the short-term resistance area of ​​3250-3260. The structure of the pattern has been biased towards the bullish pattern, and the successful construction of the triple bottom pattern has strengthened the effectiveness of the structural support below. With the rise of the structural low point, the short-term support area below will first focus on the 3260-3250 area, followed by the 3230-3220 area; in addition, after a sharp rise in the short term, gold is facing the 3290-3300 short-term resistance area and the 3215-3225 short-term resistance area above. So I think that in order to grab liquidity, gold may have a need to retreat to the 3260-3250 area in the short term, so we might as well try to short gold in small quantities. Trading strategy: Consider continuing to try to short gold in small quantities at 3280-3290, TP: 3260-3250
OANDA:XAUUSDShort
by Steffen_Schade
Gold rebound height is limited, short goldTechnical aspects: Gold has failed to make a major breakthrough in the recent rebound process, and the rebound height has been limited to a smaller and smaller level. Overall, gold is now in a state of shock and short position; as the center of gravity of gold shifts downward, the current short-term resistance is in the 3220-3230 area; and gold has tested downward many times recently, which makes it easier for gold to fall below 3200. Once gold falls below 3200 again, it is very likely to extend to 3190, or even around 3160. Trading strategy: Consider starting to short gold in batches in the 3220-3230 area, TP: 3205-3195
OANDA:XAUUSDShort
by Steffen_Schade
Gold still has the potential to rebound, continue to buy goldTechnical aspect: Gold has just retreated to around 3217 and then rebounded again. It has now rebounded to around 3235. Although the rebound strength is a little weak, it has even hovered around 3235 for a long time. But structurally, gold did not destroy the rising structure during the decline, and the strength of structural support was strengthened after the effective retracement support. After being recognized and accepted by the market, gold will continue to rise with structural support. Once gold breaks through the short-term resistance area of ​​3250-3260, it will continue to rise to 3280-3290, or even around 3320. Trading strategy: Before the short-term rising structure is destroyed, we can still continue to try to go long on gold in the 3325-3315 area, TP: 3240-3250
OANDA:XAUUSDLong
by Steffen_Schade
Buy gold, it is expected to hit 3280-3290Fundamentals: 1. Focus on the speeches of Fed officials; 2. Pay attention to Trump's calls with Putin, Zelensky and others; Technical aspects: Gold continued its rebound momentum today, but failed to break through the short-term resistance area of ​​3250-3260 many times. However, after multiple tests, it will become easier to break through this area. According to the current structure, gold rebounded from around 3120, and then built a secondary low point structure around 3154. Today, during the Asian session, it built a structural retracement area around 3206 again. As the low point is continuously raised, an obvious bullish structure is formed in the short term. For short-term trading, we can start to try to go long on gold based on the structural form; if gold successfully breaks through the 3250-3260 area, gold will continue to the 3280-3290 area, or even the area around 3320. Trading strategy: Consider going long on gold after gold retreats to the 3225-3215 area, TP: 3250-3260
OANDA:XAUUSDLong
by Steffen_Schade
Is there still a chance for short sellers to make a profit?At present, gold continues to rebound to around 3230, and the intraday rebound has reached $100. Today, both short trades have touched SL, giving back most of the profits of the long positions in the morning. So are there still opportunities for shorts to make profits? I think there are still considerable profit opportunities for shorts. Although gold has rebounded strongly to around 3230, it will soon face the short-term resistance area of ​​3240-3245, which happens to be the 38.2% split area when it retreats from 3435 to 3120, so this area has a certain suppression effect on gold in the short term! Then there is the suppression effect of the area around 3260; so I think there are still considerable profit opportunities for gold shorts. As gold rebounds, the short-term support below is raised to 3200-3190, followed by 3175-3165. Trading strategy: Consider trying to short gold in the 3235-3245 area, TP: 3200-3190
OANDA:XAUUSDShort
by Steffen_Schade
3
Continue to short goldTechnical aspect: Gold rebounded gradually after hitting 3120, and has now rebounded to around 3200. Where will gold rebound? Is there still a chance to continue to short gold? In fact, from the current structure, gold has not shown a clear bottoming signal, so this wave of rebound can only be regarded as a technical repair after the decline; however, the rebound from 3120 to around 3200 is not small, which will significantly increase the probability of 3120 as a short-term bottom; so where will gold rise? I think gold is currently under resistance in the 3200-3210 area, and it may be difficult to break through this resistance area in a short period of time. When facing this resistance area, gold may fall under pressure and test the 3165-6155 area again; If gold really needs to form a reversal structure, it is necessary for gold to retest the 3165-3155 area support again and form a "W" double bottom structure with the 3120 low; only in this way can a complete reversal structure be formed. Trading strategy: Consider continuing to short gold in the 3195-3205 area, TP: 3165-3155
OANDA:XAUUSDShort
by Steffen_Schade
Continue to short gold after the reboundFundamentals: 1. Focus on Powell's speech at the Thomas Laubach Research Conference; 2. Pay attention to the situation of the Russia-Ukraine negotiations; Technical aspects: Gold has successively broken through the important support area of ​​3200 and 3160, and continued to around 3120; the short-term bearish trend is very obvious; although gold has rebounded to around 3170 again in the short term, I think the reason is one of the technical rebound repair after the decline; the second is the result of profit-taking of some short positions. So I fully believe that gold has the need to fall again after the rebound; At present, we need to focus on the resistance of the 3175-3180 area, followed by the resistance of the 3195-3200 area; if gold cannot break through this resistance area during the rebound, gold is expected to fall again and continue to the area around 3100. Trading strategy: Consider the opportunity to short gold after gold rebounds to the 3275-3285 area; TP: 3150 TVC:DXY FOREXCOM:XAUUSD OANDA:XAUUSD CAPITALCOM:GOLD
OANDA:XAUUSDShort
by Steffen_Schade
Rebounds are opportunities to short goldAt present, gold has tried to fall below the 3200 mark and completely broke the recent low support, laying the foundation for the downward structure. As the center of gravity of gold shifts downward, the upper resistance also moves down to the 3210-3220 area. The relatively clear support below in the short term is in the 3165-3160 area, and after breaking this area, it may even continue to the 3105-3100 area. Trading strategy: Consider continuing to short gold in the 3210-3220 area, TP: 3180-3170 CAPITALCOM:GOLD OANDA:XAUUSD FOREXCOM:XAUUSD TVC:DXY
OANDA:XAUUSDShort
by Steffen_Schade
Firmly bullish on gold to 3280-3290 areaAs the trading strategy I published in my last article, I am still holding my gold long position. Obviously, I am confident that gold still has the potential and space to rebound. Gold just hit a low of around 3226 during the decline, and did not break the "W" shape structure formed by the recent low of 3207 and the second low of 3215. The oscillating upward structure remains intact, which is conducive to the continued rise of gold; the foreseeable resistance area in the short term is in the 3280-3290 area. Once this area is broken, the area around 3320 is just around the corner! Trading strategy: At present, our gold long position has made very good profits, continue to hold it, and let gold fly for a while! TVC:DXY FOREXCOM:XAUUSD OANDA:XAUUSD CAPITALCOM:GOLD
OANDA:XAUUSDLong
by Steffen_Schade
Start going long on goldAt present, the trend of gold is relatively calm, but as gold rebounds, a certain support strength has been shown below; and the short-term negative news has all appeared, and gold needs to rebound at the technical level. Therefore, I think we can try to go long on gold in small batches in the current area of ​​3230-3220, and expect gold to continue to rebound to the 3250-3260 area, or even the 3280-3290 area. Trading strategy: Try to start going long on gold in small batches in the 3230-3220 area; TP: 3250-3255
OANDA:XAUUSDLong
by Steffen_Schade
Continue to short gold after the reboundFundamentals: The positive signals from the China-US negotiations have eased the market's concerns about the US economic recession, and the weakening of risk aversion has stimulated a sharp pullback in gold. Market funds are no longer eager to seek safe-haven assets, so they withdraw their funds from gold and turn to risk markets. Technical aspects: The gold price plummeted by $110 during the day. Although it has rebounded slightly at present, the overall rebound momentum is relatively weak. The upper 3280-3290 area is currently the main short-term suppression level, followed by the 3240-3250 area. If the rebound in this area is not broken, you can continue to short gold, and the shorts may continue to reach new lows; focus on the support of the 3200 mark below. If 3200 is not broken, then the bulls may try to counterattack and fill the upper gap; if gold falls below 3200, gold will continue to fall to the area around 3170. Trading strategy: 1. Consider shorting gold after it rebounds to the 3245-3255 area, TP: 3220 2. Consider going long on gold after it continues to fall to the 3180-3170 area, TP: 3220; 3. If gold stabilizes above 3200, we can consider going long on gold around 3200 in advance.
OANDA:XAUUSDShort
by Steffen_Schade
1
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
2
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