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Goldlong

Long Position Stuck, Currently Reversing the LossesYesterday, the long position got stuck, but I have been using scalping on shorter timeframes to recover the losses, and now it's turned into a profit. With the remaining time today, I believe gold will rise to around 2630. During the process, I adjusted stop-loss levels and position sizes flexibly, capturing short-term fluctuations to turn the situation from a loss into a profit. Moving forward, if the price of gold continues to rise, I will maintain the long position and adjust the strategy according to market movements, with the target around the 2630 level.
FOREXCOM:XAUUSDLong
by MichaeliaDefoe
1
Gold let's go ( Repost )- if we just analyze FA basically, the world political climate, fear of wars, Covid, Crises, inflation, Gold will always remains for the old generation the best store of value. - i don't show indicators to keep the chart clean but Gold is turning green and extremely bullish on Monthly Timeframe. - Gold made a constant flat accumulation between 2021-2022. - BB starting to be thinner ( sign of a move ). - This is a Medium/Long Term investment ( 2023 ). -------------------------------------------- Trading Parts : -------------------------------------------- Buy : Now TP1 : 2300$ TP2 : 2500$ -------------------------------------------- - i will post my old gold analysis in comments. Happy Tr4Ding !
OANDA:XAUUSDLong
by thecryer
10
XAUUSDHere is our view and update on XAUUSD . Potential short opportunity. We broke our Key Level mentioned in our channel 2678 . Breaking below it, resulted in a price drop and a clear direction setup. We are now targeting our next KL (Key Level) at 2650 and if broken, we could very easily revisit 2600s (2604.700) to be exact. Overall we will be looking for sells at this point, even though we are extremely bullish on XAUUSD. 2600s is a key demand zone and we could continue back up from there. KEY NOTES - XAUUSD broke 2678 and dug deeper in the price. - Break of 2650 (our next KL) would result in more sells. - Possible revisits of the key demand zone at 2600s. Happy trading! FxPocket
OANDA:XAUUSDShort
by FxPocket
2
BTCUSDT Breaks Free: End of Consolidation, Next Stop 100,000?Hey Realistic Traders, let’s dig deeper into the analysis of BINANCE:BTCUSDT ! In the weekly timeframe, Bitcoin is in a bullish continuation phase, potentially marking the start of wave 5. It has also broken out of a Descending Broadening Wedge pattern that formed over more than half a year, signaling the end of a prolonged consolidation phase. Such breakouts from extended consolidation often confirm a continuation of the bullish trend. Additionally, the MACD has shown a bullish crossover , indicating building momentum. Based on these technical factors, we project a potential upside toward the target at 88,293. Upon reaching this level, a pullback to the green support zone of around 70,000 could occur before the price advances to a secondary target at 104,542. This outlook remains valid as long as the price holds above the stop-loss level at 56,930. Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below. Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Bitcoin.
Long
by financialfreedomgoals101
4
XAU! 11/11! sideway beginning of the week, below $2700XAU / USD trend forecast November 11, 2024 Gold prices (XAU/USD) extend last week's significant losses, staying under selling pressure for a second consecutive day on Monday due to continued strength in the US Dollar (USD). Optimism about Donald Trump's proposed expansionary policies supports the USD near its four-month high from last week, which in turn weighs on gold prices. Gold price sideways at the beginning of the week, price range 2660 - 2690 , in a downtrend, buyers try to keep the price against selling pressure from the market /// BUY XAU : zone 2656-2653 SL: 2648 TP: 50 - 150 - 200 pips (2673) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
2
The gold market experienced sell-offs.Experts believe that the market's adjustment phase is a "temporary" reaction to Donald Trump's re-election as US President and maintains his opinion in favor of increasing gold prices in the near future. During the question and answer session this morning, Governor of the State Bank Nguyen Thi Hong shared that "gold is also a headache for the world". She informed that before the State Bank intervened, the international price per ounce was about 2,300-2,400 USD, but has now increased to around 2,700 USD. Compared to the beginning of the year, precious metals have increased by more than 50%. The USD skyrocketed after this event, and the gold market experienced sell-offs. Bond yields rose as investors worried that the tariffs and tax cuts that Mr. Trump promised before his election could cause inflation to rise again. Morrison said, USD and interest rates increased. Gold prices fell sharply and found a bottom, then increased slightly in the last session of the week, gold was under strong selling pressure. Gold prices hold support from 2,635 to 2,675 USD/ounce. This is the resistance level of gold prices in the last week of September and early October.
TVC:GOLDLong
by FalCol_TradingMaster
XAU/USD Longs from 2,66.000 back up?My analysis this week suggests that gold may accumulate around my point of interest at 2,660.00, where a 9-hour demand zone has formed. With liquidity and imbalance left to the upside, price might look to continue in its pro-trend direction. Alternate Scenario: If price reaches the area around 2,740.00, we might see a retracement or bearish reaction. Given recent bearish pressure that’s led to a CHoCH and BOS, this scenario could align with the current order flow. Confluences for GOLD Buys: - A clean, unmitigated demand zone below. - DXY has shown strong upside movement and may be due for a pullback. - Significant liquidity lies to the upside. - The overall market trend remains bullish. P.S. If price respects the 9-hour supply zone and continues breaking structure to the downside, it could validate a temporary bearish move. Have a great trading week!
OANDA:XAUUSDLong
by Hassan_fx
Why Gold Could See a 15% Correction Before the Next RallyGold, sitting at around $2,700, boasts an impressive 32.1% YTD performance. However, we're anticipating a significant 10-15% correction from current levels. This past week's market dynamics are telling: the Russell 2000 surged 8.57%, $500B flowed into crypto markets signaling renewed risk appetite, while gold recorded its steepest weekly drop (-1.98%) since May 2024. While these factors shape our near-term bearish outlook, persistent economic risks reinforce our long-term bullish stance on gold for the next couple of years.
COMEX:GC1!Short
by Flow-Trade
Gold Expected to Rise, Target at 2733A great weekend has come to an end, and last week brought us substantial profits. This week, let’s aim for another strong start! Gold trading opens in just half an hour. On Friday, the price of gold showed limited movement, slightly different from our expectations, but this is not a concern—the rally is still on track! As of Friday’s close, gold prices hovered around the MA5 level without fully breaking through, suggesting some resistance. However, a broader time frame shows that the overall rebound isn’t over yet. Friday’s movement was merely an initial attempt to test the MA30 resistance, with the major resistance level expected at the MA60. With this in mind, my strategy this week is to buy gold below 2680. The first target range is 2685-2696, the second target 2706-2712, and the final target 2721-2733. Here’s to another profitable week ahead!
FOREXCOM:XAUUSDLong
by MichaeliaDefoe
Potential outside week and bullish potential for RMSEntry conditions: (i) higher share price for ASX:RMS above the level of the potential outside week noted on 30th August (adjusted with the incidence of the inside week the following week, allowing activation of the trade above the level of the range for that week, i.e.: above the level of $2.20, as depicted by the blue dotted line and accompanying text on the chart). Stop loss for the trade would be: (i) below the swing low of 27th August (i.e.: below $2.02), should the trade activate.
ASX:RMSLong
by Ivory_Wolf
Gold Rise to Resistance Zone: Elliott Wave!!!Gold ( OANDA:XAUUSD ) started to correct as I ✅ expected in previous posts ✅. Did you profit from this move!? Gold started to rise well from the Support zone($2,645-$2,625) and 50_SMA(Daily) . Gold is moving near the Resistance zone($2,720-$2,700) and the lower line of the ascending channel (broken) . According to the Elliott wave theory , it seems that Gold has succeeded in completing microwave 3 . We should wait for the completion of microwave 4 , and then probably microwave 5 will end in the Resistance zone($2,720-$2,700) and Monthly Pivot Point . ⚠️Note: We should expect more pumps if Gold goes above the Resistance zone($2,720-$2,700).⚠️ 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
9
World gold price recovers despite high USDWorld gold prices recover despite the high USD. Recorded at 9:50 a.m. on November 8, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, was at 104.430 points (up 0.19%). According to Kitco, central banks cutting interest rates, a wave of buying, and recently released US economic data... are supporting the recovery of gold prices. On Thursday, the US Federal Reserve (FED) continued to cut interest rates. This was a move that many people had predicted and long expected. The Federal Open Market Committee (FOMC) lowered the federal funds rate by 25 basis points, in line with expectations. Interest rates are currently trading in a range of 4.5% to 4.75%. The FED did not provide much guidance on the future path of monetary policy. They noted that the economy continued to grow at a solid pace. Not only the FED, the Bank of England (BoE) has also just decided to cut interest rates further. In a long-awaited move, the BoE cut the bank rate to 4.75% on Thursday. In addition, gold prices rebounded sharply after the release of US labor market data. Mr. Ernest Hoffman - market analyst at Kitco News - said that the US Department of Labor announced on Thursday that initial jobless claims increased to 221,000 in the week ended November 2. This figure was completely in line with expectations, as the general estimate forecast the number of claims was 221,000. 🔥 GOLD BUY 2683 - 2681🔥 ✅TP1: 2690 ✅TP2: 2700 ✅TP3: OPEN 🚫SL: 2675
TVC:GOLDLong
by FalCol_TradingMaster