Get started

Goldlongsetup

12.5 COMEX Gold Technical AnalysisFrom a technical perspective, the gold daily line is close to the upper edge of convergence, and the Bollinger Bands show signs of closing. At the same time, the price has not broken through the moving average pressure, and the KDJ indicator is in a state of fluctuation without an obvious direction. The daily level convergence pressure is around $2,690. If it breaks through, it is expected to accelerate upward and test the previous high point. If it breaks below the support of 2,640, it will accelerate downward. From the 1-hour level, the Bollinger Bands are closing, and the convergence structure is entering the end, waiting for the direction to be chosen. The current volatility has dropped significantly. The technical indicators remain volatile, with intraday high selling and low buying, and the lower support is $2,650 and the upper pressure is $2,690. SELL: 2,650 Defense: 60 Target: 35-----30
TVC:GOLDShort
by AIan_Gold
1
12.5 Gold shocks, waiting for non-farm payrolls, short and longYesterday, the gold market opened at 2643.2 in the morning and then fluctuated in the range. Before the start of the U.S. market, the market gave a daily low of 2631.8 and then the market quickly pulled up to the daily high of 2657 and then the market consolidated. The daily line finally closed at 2649.8 and the market closed in a spindle shape with a lower shadow slightly longer than the upper shadow. After ending with this shape, today's market fell back to more. In terms of points, if today's market rises first, give a short stop loss of 2652 to 2657. If it falls back to 2637 first, the long position will be conservative at 2635 and the long stop loss will be 2631. The target is 2657. If it breaks, the pressure of 2661 and 2667 will be seen.
TVC:GOLDLong
by AIan_Gold
1
11.4 Gold weakens in the short termGold has fluctuated for two consecutive trading days, and it should break today. Yesterday, as expected, the daily line rose after a single negative, mainly in three aspects: 1. Since this wave of rebound, the daily line has been a single negative, so look at the cycle. 2. The previous day rebounded too much. Although it retreated at the 618 position, the double bottom position is still there. 3. In the morning, 2633 is not only a rebound and retreat to the 618 position, but also a previous low point. When looking at fluctuations, I have always emphasized a method, 618 is better to make a mistake than to let it go. Therefore, we used gold non-short yesterday. At the same time, let's look at yesterday's technical points: Yesterday emphasized two watersheds, one is the time point of the European session, and the other is the price: 2633 and 2644, and the intraday breakthrough will continue. 1. In the morning, it directly relied on the low point to rise, quickly to the 2652 line, and the price effectively broke the morning low of 2644. It also emphasized that after the breakthrough, it is enough to step back more. 2. 2639 is the morning rebound and retracement to 618. The shock continues to see a step-back entry. 3. Although the performance before the US market is not big, the formula emphasizes that the correction at 6-8 points before the US market is still bullish. Yesterday, the US market also continued to rise after the breakthrough as expected. But there are also regrets. It continued to fall back at 12 o'clock in the morning. In the formula time point, we will make a summary at 12 o'clock every night. On the one hand, the Asian market is now big, and we will make a layout at 7-8 o'clock the next day, and also make a summary for the day. Yesterday at 12 o'clock, it returned to the prototype: the first thought is that it was short at 7-8 o'clock this morning, and gold was weak. Today, it is still the same. In this form, don't look at the continuous positive cycle of the daily line. Instead, the yin and yang lines in the shock are interchanged. Today, we see a break and fall. For operations, it has been emphasized recently that the Asian market fluctuates greatly, and the focus is on the layout at 7-8 o'clock. Therefore, you can go short in the morning, the upper watershed is 2649, and the lower target is 2627-29. In addition, if it falls below 2630 today, then it is still short in the European session. Due to the oscillation pattern retracement, pay attention to the entry point at 618, and the extremely weak 382, ​​which refers to the entry point for the second rebound when the intraday high falls to the low.
TVC:GOLDShort
by AIan_Gold
1
12.4 Gold today overall range sweepOn Tuesday, the price first dropped to 2634-2633 in the morning, and the support was confirmed in the afternoon, and it was pulled up to 2650 area. Then, the first bottoming out and rebounding action has been made. Next, under the condition of keeping low, we can look at the second continued upward action, and then break through and stand firmly on the large channel, and then look at the third acceleration to complete the pull-up of 30 US dollars in space The four-hour pattern continues to show a narrowing situation, waiting for the subsequent breakthrough opening to guide a wave of unilateral volume The closing range of the shape, the upper rail is 2666-2664, and the lower rail is 2620-2622 The position of the large channel line is close to the upper rail pressure 2652-2653. The support in the same area expands the sweeping space upward. Today's early trading squats back to hold the lower rail support It can break through and stand firmly along the large channel line 2652-2653, and switch upwards. The next channel upper rail position focuses on the 2676-2678 area BUY: 2635————2640 Stop loss: 2645————50 Target: 2660 2665
TVC:GOLDLong
by AIan_Gold
2
The daily hammer of gold market is extended and rubbed.From the technical perspective, the price of gold continues to fluctuate within the convergence triangle area. The decline on Monday this week is consistent with the characteristics of a volatile downward trend, with the lowest intraday price reaching 2620, which is exactly the starting point of the stabilization and rebound last week, highlighting its key support significance in the volatile market. As the price falls, the market has fallen below the volatile upward support line and is under pressure from the previous high of 2650, with a significant double suppression effect. Looking ahead to the intraday trend, the suppression of the 2650 line still needs to be focused on this trading day. Given that gold is still in the volatile downward stage of the large-cycle convergence triangle and the downward trend has not yet ended, there is a possibility that the price of the market will fall below 2620. Therefore, in the short term, we maintain a bearish mindset, with 2650 as the key suppression level, and are bearish on gold. However, in the context of frequent interweaving of long and short factors, investors need to pay close attention to market dynamics and flexibly adjust strategies to cope with changes that may occur at any time.
TVC:GOLD
by AIan_Gold
1
XAU/GBP "Gold Vs Pound" Market Heist Plan on Bullish SideHello!! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist XAU/GBP "Gold Vs Pound" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback. Stop Loss 🛑 : Recent Swing Low using 2H timeframe (or) Place SL where I mentioned in the Chart. Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. 💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
OANDA:XAUGBPLong
by Thief_Trader
1
XAUUSD, 30-MINUTES TIMEFRAME CHARTXAUUSD, 30-minute timeframe chart XAUUSD break the resistance level of 2,612.00 General outlook XAUUSD has been under buying pressure within the last day. The pair moved up to the resistance level of 2,612.00. Possible scenario The best way to use this opportunity is to place a buy limit order at 2,612. Set your stop loss at 2,605. below the previous low ($7.00 loss for 0.01 lot) and take profit at 2,635. ($23.00 profit for 0.01 lot). The risk-reward ratio for this order is 1:1.
TVC:GOLDLong
by QAZIFXTRADER
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 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
Gold : A Perfect Buy Opportunity Amid Expected Pullback!Yesterday, gold prices surged above 2700, rising $60 from open to close. Following such a significant increase, some pullback is likely in today’s session. However, this does not signal the end of the uptrend but rather a natural price correction. After the pullback, gold is expected to resume its upward momentum, with potential to break above 2730. Based on this analysis, today’s strategy is to continue buying gold. The ideal buying range is between 2688-2674, with a target set between 2725-2732. This pullback presents an excellent entry point for bullish positions, creating the potential for further profits!
FOREXCOM:XAUUSDLong
by MichaeliaDefoe
1
Gold Rebounds to $2700! Post-Trump Rally Shows Signs of PullbackFollowing Trump’s election-driven downturn, gold prices have fully rebounded, climbing back to the $2700 mark. However, after this sharp rise, signs of a potential pullback are becoming apparent. I believe gold is nearing a short-term peak, making this an opportune moment to start selling and capture possible downside moves to lock in profits during the adjustment. Keep an eye on the market and stay flexible to manage the upcoming volatility.
FOREXCOM:XAUUSDShort
by MichaeliaDefoe
Gold Drops $100! Is Now the Perfect Time for a Pre-Rebound Buy?With Trump’s presidency and his economic focus, gold prices have taken a sharp plunge, dropping nearly $100. While I anticipated a decline, this significant drop exceeded my expectations. Fortunately, we managed to close out our long positions above 2700 and also capitalized on a successful sell-off during the New York session. Gold has now fallen below 2660 and remains pressured under the MA5 on the 30M chart. However, I believe a strong rebound is imminent. I estimate that gold could reach a solid bottom around 2646, with a possible low near 2631. On the 1D chart, the MA60 sits at approximately 2618, though I believe it’s unlikely to drop that far today. Today’s plan is to buy on the dip, with an eye on a potential rise to around 2780, after which I’ll shift strategy to selling. By seizing this potential rebound, we stand to capture considerable gains!
FOREXCOM:XAUUSDLong
by MichaeliaDefoe
Perfect Time to Buy Gold! Morning Star Signals Further UpsideGood morning, everyone! A new day, a new opportunity! Yesterday’s trading brought us solid profits, and today we aim for even more gains. In the current gold market, I believe buying is the optimal strategy. In the short term, gold is likely to rise before a potential pullback. What’s behind this view? Take a look at the 30-minute chart: gold has successfully broken through the MA60 resistance and has formed a “morning star” pattern—a strong bullish signal indicating increased upward momentum. If MA60 can hold as support, gold is expected to rise to around 2745, possibly even reaching 2750.
FOREXCOM:XAUUSDLong
by MichaeliaDefoe
Gold Trading Insights Ahead of the Election!Although gold didn’t fluctuate much today, our returns were quite impressive! These small range movements create excellent opportunities for agile buying and selling. As I mentioned yesterday, the New York market did indeed decline today, and the buy signal I provided at the open hit the TP of 2745 perfectly. I then began selling, ultimately closing the trade at 2733 with great results. Tomorrow is the election, and I believe the results will boost the dollar, which could lead to a drop in gold prices. I plan to continue selling during tomorrow's New York session. What do you think?
FOREXCOM:XAUUSDShort
by MichaeliaDefoe
Clear Outlook for Gold Rebound: Bulls May Retest 2753At today’s opening, gold formed a long lower shadow, indicating that support remains intact. Currently, the MA5 is undergoing a shift from support to resistance, which, if successful, could signal a short-term bullish trend and a potential move higher. I expect gold to approach the MA60, around 2745, followed by a pullback to retest the MA5 to confirm support, potentially reaching 2753. Thus, buy orders placed on Friday may see profits today. However, as we approach the New York session, gold may encounter downward pressure. The daily chart shows a notable bearish divergence, suggesting a long-term trend shift. Barring a major bullish catalyst, this divergence may only resolve through further declines or consolidation. Iran’s possible retaliation could serve as a pivotal event. Meanwhile, tomorrow’s U.S. election is expected to bolster the dollar, potentially adding pressure on gold. Today’s strategy favors buying, but attention should shift to selling opportunities tomorrow.
FOREXCOM:XAUUSDLong
by MichaeliaDefoe
Gold: Dual Impact of NFP and Geopolitical RisksGood morning, everyone! Yesterday’s intense market fluctuations made fortunes for some and losses for others overnight. As time progresses, we see clearly on the 30-minute chart that MA60 has shifted downward from around 2770 to 2760, while the primary uptrend support has moved up from 2730 to approximately 2740. This suggests that, under MA60 resistance, gold might retrace to test support near 2740. Meanwhile, the upcoming Non-Farm Payroll (NFP) and unemployment data will be key drivers for gold’s direction. And don’t overlook another major factor: a potential response from Iran, which could bolster gold’s safe-haven demand. After reading this, do you feel more clear on your trading strategy? If not, feel free to read it again, or reach out to me—I’m here to help clarify and refine your approach!
FOREXCOM:XAUUSDLong
by MichaeliaDefoe
Gold (XAU/USD) Technical Analysis Update – 31 October 2024Gold has displayed impressive bullish momentum, recently reaching an all-time high of 2790.120 on October 30, 2024. This significant level was achieved just one day after breaking through previous highs at 2758.52 on October 29. With this aggressive upward trend, Gold continues to showcase strength in the face of global market uncertainty, signaling strong demand. Analyzing the 1-hour timeframe, we observe that the price is trading within an ascending channel pattern. This setup indicates a steady upward trend, with the potential for price pullbacks that may create new higher lows along the way. This pattern suggests that Gold is likely to continue its upward movement after minor corrections, with the next key resistance level in sight at 2800.000. Traders should monitor this level closely, as a break above 2800 could indicate further bullish extension. However, it's crucial to watch for any pullbacks that may test previous support levels within the channel, presenting potential buying opportunities. Trade safely and stay wise! Always ensure your risk management strategies are in place. Gold’s high volatility can bring both significant gains and risks. Stay updated, stay prepared, and may your trades be profitable.
OANDA:XAUUSDLong
by TeptForex
1
XAUUSD: Based on Previous Analysis! **XAUUSD: 1-Hour Chart Analysis** Hello Traders, Based on our previous analysis, we had expected prices to reversed from our designated buying zone. And price did that exactly, reversing from 2625 which took the price towards 2771. Where we have seen some resistance. We still are very much bullish on Gold. Next targets are 2800$ and then 2900$ as followed. Gold experienced a surge, reaching 2605 before reversing its direction. Investors anticipated a decline below 2700$. However, the price rebounded to 2743$, filling the volume gap and subsequently dropping to 2715$, which marked the last low. Despite this, the price failed to establish another lower low. Subsequently, it fluctuated within the vicinity before exhibiting a shift in price character. The upcoming chart analysis indicates an exceptionally bullish outlook. Price has the potential to create another higher high, supported by robust fundamentals and technical indicators signalling a strong bullish sentiment. Traders with open buy positions may consider holding them. The market opened with a sell side gap on Monday, which does not invalidate our entry at all. Currently, the price is 400+ pips in the green. I recommend closing half of the positions.
OANDA:XAUUSDLong
by Setupsfx_
6