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Gold-trading

GOLD - ENTERING NEW BREAKDOWN TREND ZONEHello trading friends, Gold shows the unexpected trend for entering a new breakdown trend trading zone. The trend shows that there are trends of selling inside Gold - what means this for coming time? Depending on data we are into a new breakdown trend - this could mean that we will see further breakdown trends coming Time. The healthy back trend will come one gold when we see 1960+ back with confirmation and time frame. what this will mean for Bitcoin is also a question, as it depends on other markets. This is not a trading call - this update shows the trend that gold entering a new zone and that's the breakdown trend. Have good times. If you like the idea - give it a like and follow - Thank you
GShort
by watchtrend
GOLD - The Time Has Come!Gold XAU/USD Hello All! Over the last 10+ Years, Gold has formed a massive Cup & Handle Formation. If you do a quick Google search "Cup and Handle Trading" you will see this exact formation playing out currently. Gold is the world's largest asset class by market cap and traditionally it has been a hedge to inflation. As we know recently inflation rates have been much higher compared to the past. A break above the downward dotted trend line resistance could send Gold to new all-time highs and beyond. Long-Term Investors and Traders keep this in mind during 2022 watch these key levels. Also, check out my next post to see what will happen to Silver a possibly even better opportunity!
OANDA:XAUUSDLong
by GenesisGo
1
Using Stochastic RSI to trade Gold on shorter time framesFor the past 2 months I tested a scalping strategy using the Stoch RSI oscilator for OANDA:XAUUSD . Basically, it consisted in entering a position, short or long, whenever the Stoch RSI crossed the signal above (shorting) or bellow (long) the overbought /oversold zones with very tight SL, waiting until the Stoch RSI gave me a clear trend change signal. I tried several time frames for Gold and found that 15m and 30m worked the best. Bear in mind I tried this for stocks, Bitcoin and it didn't fit at all. Only with gold. And only with the stoch RSI, the RSI was almost useless. At first this strategy was providing me good results. I had a hit rate of up to 85% on shorts and and 50% on longs. I tried several explanations for this and best one I found is a combination of the following two: 1) gold was in a macro slight downtrend and even in very short time frames, the probability of being right shorting was higher. 2) gold (and everything?) tends to come down more decisively than up so the oscillators pick a more clear trend shift. 3) my psychology was stronger shorting, somehow I seem to be more "afraid" when longing, perhaps because of point number 2). I eventually 1) gave up longing gold 2) used less leverage to have less tight SL and the strategy seemed too good to be true. No one was mentioning this on ideas or chats and sometimes I felt like I had found some sort of cheat code. Fellow traders would write "it's going up" or "it's going down" and they were almost always wrong if the Stoch RSI didn't match. However, suddenly i stopped having clear signals, the market completely changed. Stubbornly and because I wanted to test it, I stuck to it, but it never worked again (so far). My conclusion is that for it to work, the price action needs to be in "oscillator" mode with gold trading sideways on 15/30 minute time frame with a range of more than 3-4$ between tops and bottoms. It's also wiser to follow the main trend and opting out on entering short or long positions against a main trend. Also, it is very important to check TVC:DXY and TVC:US10Y in real time. (right now those two indicators are much more relevant to me than stoch RSI). I know for many more experienced traders the above idea might seem very obvious or naive, but I'm learning every day and I though I'd share my experience. Feel free to comment and happy trading to all.
TVC:GOLDEducation
by Aguia7777
1
Merry Christmas & Happy New Year 🎄🎁☃️ Hey traders, That year was one of the hardest ones in my trading career. And I can not even tell you what has changed exactly. Just it looks like this trading year was a bit different: the markets were simply reacting to key levels in a bit different manner, the price action patterns were not that accurate & volatility was insufficient. I tell you that just to let you know that if you were struggling this year with your trading, you are not alone. We are in the same boat and the only thing that makes us stay afloat is the fact that we never give up, we keep going no matter what. We know that at the end of the day we are always the winners. And winners win. Next year, be a winner, be strong and consistent and the magic things will happen with you. Merry Christmas.
BITSTAMP:BTCUSDLong
by VasilyTrader
45
Gold (XAUUSD) Potential long chart analysis.ALyonFX. Gold (XAUUSD) Potential long chart analysis. Reasoning behind my analysis "DXY bleeding "Another retest of strong support of 1808-1815 area specificall 1812-1813 Things to take into account.. I am still short long term on gold as sentiment data shows 76% are long and I always go against the sentimental data of non commercial investors. I am also only 18 years of age with 3 years learning the markets and I am still learning if you agree or disagree with this analysis please do tell me why you do or dont agree and tell me why you might think I am wrong or right all feedback is greatly appreciated as I am very open minded no one is right nor wrong as none of us know what the future holds but if you can point out any of my flaws technically or fundamentally that would also be welcome thanks guys hope to build up my reputation on here so I can be more active in the trading chats as its hard to grow when you cannot take part in these trading chats due to the trading view required reputation system hahah godbless guys good luck on your trading journey.
FX_IDC:XAUUSDLong
by AndrewLyonsFX
1
XAUUSD | GOLD Likely To PUSH DOWNWARDS!Hello Traders, So looking at gold it seems to me that it will continue to push further down, it likely will re-test the weekly highly respected support zone, which is still fairly far away. We recently also established a bearish engulfing candle as confirmation to enter short, a stop loss just above the 25-50 moving averages could give a good trade + risk-reward. Reminder that GOLD is heavily influenced on the fundamentals so any news event could influence a sharp move towards the opposite side so be careful!
FX:XAUUSDShort
by FX-TradingLions
1