Get started

Goldlongsetup

Above 2300 is bullish, below it is bearishGold technical analysis Daily resistance is 2320-26, support below is 2300-2293 Four-hour resistance 2320-26, support below 2300-2280 Gold operation advice: Gold once again had a range-bound market trend yesterday. Judging from the current trend, today gold will focus on the upper resistance at 2320-26, and the lower support at 2305-2300. This is also the dividing line between gold's long and short strength. Wait patiently for key points to enter the market. SELL:2300 near SL:2305 BUY:2305 near SL:2300
OANDA:XAUUSDLong
by ActuaryJ
How does the gold price work in the London market? Must see In fact, it is not difficult to see from the above chart that the market is undergoing an inverted triangle arrangement. The current high point above is above 2312. The upper trend pressure position has been touched. Combined with the current ebb of news. The probability of gold falling under pressure is relatively high. At the same time, the U.S. dollar is also showing signs of an oversold rebound. This is closely related to the impact of last week's non-agricultural data release. Operationally, I mainly sell gold at high prices. The target position below can be set below 2290. Of course, if the profit reaches your expectation, you can close the order at any time. Keep profits stable in your account balance.
TVC:GOLDShort
by AA_Jack
Gold Retracement to Pick Up Steam and Head SouthGold, Weekly - Indicators with Fibs Overlay: There is the risk of an extension long up here if gold can find support above 2257.36 . . . the issue is that our fibs on the intraday are bearish and we keep going down. But, if bulls find support, the upside of this extension is 2500. But, currently, we are bearish and I suspect that we will take some time to trade down into the weekly bull fibs, 2048-2194 . . . that is my preferred scenario. That would also be part of the series of longs, the first one trading in Oct 23 as a result of the late 22-early 23 spike that saw gold trade it's long in our golden 50-61.8% zone in Oct of 23 at 1800. It is usually a bad idea to buy above the Weekly Bollinger Band. Anybody who bought in the prior three weeks and held are now underwater. We have also fallen below the 5 week SMA and about to lose the embedded status of the slow stochastic with a decline next week. The 20Week SMA, Yellow Line and Midpoint of the Bollinger Band, at 2150 is a really good target. That 20Week SMA was also support that we bounced from earlier this year to get the bull move going. My bias does remain lower, though we will have occasional violent bursts higher into resistance.
OANDA:XAUUSDShort
by CeresTrader
XAUUSD: 24/4 Today’s Analysis and StrategySpot gold technical analysis Daily resistance is 2350, support below is 2320-2300 Four-hour resistance is 2334-64, square support is 2320-2300 Gold operation advice: Gold rebounded after bottoming out in the U.S. market yesterday. After hitting the lowest near 2291, it began to counterattack in the U.S. market, and the highest hit near 2332. After two months of sharp rise. Gold began its two-day decline. Although yesterday's decline was completely swallowed up by the US market, it also allowed the market to see the willingness of short sellers to attack. The current key pressure and watershed above gold remains at yesterday's high point of 2335. This position will also serve as an important suppression in the short term. If gold continues to fall in the later period, the withdrawal amplitude should not exceed this position. At most, it will only form a certain false puncture effect. Judging from the current trend, the top will focus on the 2335 line for short-term suppression, and the bottom will focus on the 2320-2300 line for short-term support. In terms of operation, it will be short on the rebound. If the price does not break 2320, rely on the 20 position to go long, and keep trading with the trend. BUY:2318-2023 SEL:2330-2335 SELL:2309-2013 Technical analysis only provides trading direction!
OANDA:XAUUSDShort
by ActuaryJ
2
Don’t go short, go long gold directlyToday, due to the expansion and escalation of geopolitical conflicts, market risk aversion has surged. Gold has been enthusiastically sought after as a safe haven asset. It took the 2400 position in one fell swoop and continued to rise to around 2417. Subsequently, Iran repeatedly downplayed the tension, and gold turned downward. It has given up all the gains, with the lowest falling to around 2372. Judging from the current situation, although gold has risen with the help of the news, it has indeed broken through the suppression of the recent high of 2395, and the pressure above has been released. When gold fell to the 2375-2370 area, its downward momentum further slowed down. In the short term, the 2375-2370 area still has certain support. And the risk aversion in the market is still there, so I think gold is still primed to rise. Therefore, in terms of trading, I will first consider using 2375-2370 as the support area to go long gold. After gold rebounds, I will backhand short gold. I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
OANDA:XAUUSDLong
by Trader_Manuel
The opportunity to go long gold is here againDear friends, gold’s short-term rebound has reached a maximum of around 2394, approaching the 2400 mark again. Then gold seemed to feel a little exhausted, so it failed again and chose to fall back. Gold is currently trading around 2381, so does gold still have room to conquer 2400 or even higher? Although gold has stopped below the 2400 level many times in the short term, gold has shown great resilience during the decline. And as gold continues to step back to test support, the lows below are gradually moving upwards, continuously consolidating and building up the support strength below. With continuous testing, short-term support has now moved up to the 2380-2375 area. Therefore, I feel that the short-term pullback of gold happens to be a relatively healthy trend, laying a solid foundation for sprinting to the 2400 position, and it is even possible to hit a higher position. Therefore, in terms of trading, I still believe that the short-term pullback of gold will be a good opportunity to go long on gold. I still maintain the main trading rhythm of going long on dips. In the short term, I will mainly focus on the support of the 2380-2375 area below. I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
OANDA:XAUUSDLong
by Trader_Manuel
2
XAUUSD: 16/4 Today’s Analysis and Strategy. Continue to bullishGold technical analysis Daily resistance is 2450, support below is 2326 Four-hour resistance is 2400, support below is 2365-2352 Gold operation advice: Yesterday, it was said in the article that the daily dividing line between long and short is 2320. Obviously our operation idea is to go long above 2320. From the daily analysis, the upper pressure is 2400 and the lower support is 2365-2352. These two prices are both It is a good position for bulls to enter the market. During the day, first rely on the two supports to go long, and wait patiently for the key points to enter the market. The 2320 price is the last defensive point for bulls. Once the position is broken, the short trend begins, otherwise it will only be a short-term correction, and the next step is to continue. Look at new highs! BUY:2362-2365 BUY:2347-2352 Technical analysis only provides trading direction!
OANDA:XAUUSDLong
by ActuaryJ
Gold shorts again after gold rebounds on MondayDear friends, a new week of trading begins tomorrow! Let’s summarize this week’s trading results first. Personally, I made over $68K in overall profit this week, which I feel is a very good trading result. Although I occasionally suffered losses during this week's trading, I was able to seize 95% of the trading opportunities and successfully make a profit. I think this is a very good result! Hopefully we can keep up the good work in the coming week! For the gold market next week, due to the escalation of conflicts in the Middle East, gold may have the conditions to jump short and open higher on Monday, or gold will take the lead in rebounding with the support of safe-haven assets. If gold rebounds as expected, our first focus will be on the resistance in the 2365-2370 area above. In addition, on Friday night, gold fell back from its highest position near 2431 to its lowest position near 2334, a correction of almost $100. This is a sharp correction that has never happened in the recent past. I think this may intensify market panic to a certain extent and cause a certain range of selling, which is detrimental to gold. In addition, from a technical perspective, gold has undergone a deep correction, which has consumed the momentum of the bulls and also destroyed the bull pattern to a certain extent. There may be a peak signal in the short term, so gold may continue its correction trend. Therefore, I predict that gold will stage a trend of rising first and then pulling back in the trend next week. Therefore, in terms of trading and the main trading rhythm, I will focus on shorting on rallies, first focusing on the resistance in the 2365-2370 area above. Of course, I will adjust the specific trading strategy based on the real-time intraday market conditions. No matter what, I wish us another brilliant future in trading next week! I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
OANDA:XAUUSDShort
by Trader_Manuel
2
GOLD → Measured Move Complete!? Pullback to $2,200? Let's AnswerGold had a strong breakout above $2,075 on March 24th, 2024, leading to a measured move target of roughly $2,400. Gold overshot to $2,430 and ended last week with a strong sell signal at the target. Should we short here? How do we trade this? 🤔 This is an optimal time to short on the lower timeframes given we see a confirmation candle on the hourly chart. I would remain bullish on Gold given the macro trend on the higher timeframes like the Daily and Weekly. After three pushes up post-breakout, hitting the measured move target, and the Daily RSI being overbought for about 6 weeks, we should wait for the price to pullback from the breakout, likely a standard 50% pullback toward the price of the first push up; $2,200.00. Look for a buy signal candle and confirmation off of this area to enter a 1:2 long trade targeting a take profit around the measured move high of $2,350. Taking half profits at this target is reasonable then swing the latter half of the position until we see a sell signal. After the completion of that measured move target, I would be cautious that the price wants to go any higher before hanging around in this area of price via trading range. 💡 Trade Idea 💡 Long Entry: $2,225.00 🟥 Stop Loss: $2,162.50 ✅ Take Profit: $2,350.00 ⚖️ Risk/Reward Ratio: 1:2 🔑 Key Takeaways 🔑 1. Breakout of long-standing $2,075 resistance 2. Three pushes up to complete the measured move target 3. Strong sell signal after hitting that target, look for 50% pullback to Push #1 Support area 4. Look for a strong buy signal and confirmation bar, targeting a 1:2 Risk/Reward ratio trade 5. RSI at 72.00 and below the Moving Average. Has been overbought for 6 weeks on the Daily timeframe, supports pullback. 💰 Trading Tip 💰 The longer a trend continues after 3 legs, the probability of that trend continuing lessens. Because of this decreased probability, we ought to reduce our risk when entering trades. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and Follow to learn more about: 1. Reading Price Action 2. Chart Analysis 3. Trade Management 4. Trading Psychology
TVC:GOLDLong
by TraderEngineering
GOLD This WeekGold for this week, there are 2 buy zones, first one starts at 2335$-2328$, the second zone starts at 2296$-2278$ these two zones have the potential to bring gold up to a target of 2497$. If the zone of 2335$-2328$ breaks with a 4H candle the downside scenarios will begin and it will be a reason of agreement between Iran and Israel and gold will go down to 2296$ , if 2278$ breaks with a 4H candle completely the direction of gold would be a descent until reach to 2230$,as long as the the price of gold stays above 2278$ the direction will be ascent and the war would be continued between Iran and Israel The zone of 2334$-2278$ will decide on the future of the war between both countries Iran and Israel , whether they continue or end it Just keep in mind that this is my analysis and it's always important to be cautious when trading.
OANDA:XAUUSDLong
by MajdAbdolMajeed
XAUUSD: 10/4 Today’s Analysis and Strategy. Gold range shockGold technical analysis Daily resistance is 2370, support below is 2337-2300 Four-hour resistance is 2365-70, support below is 2344-37 Gold operation advice: The technical side of gold rose first and then fell on Tuesday. The price in Asia and Europe stabilized at 2338 and ushered in a bullish shock and broke through the high. It further accelerated to break through the previous day's high of 2353 and continued to rise to around 2365 and fell back under pressure. The market was in shock. Yesterday, the U.S. market fell back for the second time and stabilized at the 2340-45 line, and rebounded again. The overall price accelerated and broke through the high level, forming a fallback and shock market pattern. In the short period, it still stabilized above the 2330 mark, forming a strong sideways market for bulls. Yesterday's trend also Confirming this, it once again broke through new highs and rose. Although the US market fell back yesterday, it did not fall below the starting point of yesterday's early trading. This is a typical strong market. The lows are still moving up and the highs are also moving up. So it is still possible to reach 2400 this week Judging from the daily analysis, today's upper resistance continues to focus on the 2360-64 area, the starting point of yesterday's hourly decline in the U.S. market. You can sell in this area before CPI. The short-term support below will focus on around 2344-37. CPI data will be released today, so trade with caution! Pay attention to risk management and control BUY:2344near BUY:2337near Technical analysis only provides trading direction!
OANDA:XAUUSDLong
by ActuaryJ
Gold has a 9-game winning streak, continue to short goldToday’s gold trading conditions are as follows: 1. Xauusd:@2340-2342 Sell, TP:2328 Profit: + $3708 2. Xauusd:@2341-2345 Sell, TP:2336 Profit: + $8609 Today in gold trading, I relied on the resistance area of 2340-2345 to short gold many times, and hit my expected target positions of 2328 and 2336 respectively.As of today, I have made more than FWB:12K in short-selling transactions and successfully won 9 consecutive victories. Judging from the current structure of gold, the recent lows of gold have continued to move downwards, and the short-term rebound has been blocked. Gold has been under heavy selling pressure near the upper trend line.Even with the help of news support in the short term, it was difficult to finally reach the previous wave high point of 2347. Compared with the previous rebound amplitude and intensity, it will obviously be much weaker now. Therefore, even if gold is testing the 2350 mark again in the short term, if gold does not retrace to test support to confirm that gold continues its upward trend, then gold may fall back again after touching the 2350-2355 area. Therefore, in gold trading, you can try to short gold near 2350 in small batches, TP: 2342-2340. I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
OANDA:XAUUSDShort
by Trader_Manuel
XAUUSD: 9/4 Today’s Analysis and StrategyGold was helped by central bank buying and geopolitical tensions, with strong economic data failing to dampen the metal's appeal. In recent times, the price trend of gold has attracted much attention, and today the price of gold hit a new high again. Gold has had a meteoric rise over the past two weeks or so. Still, a generally positive tone for equities amid easing geopolitical tensions in the Middle East limited further gains for the safe-haven metal amid extreme jitters on the daily chart. Ahead of this week's U.S. CPI data and the Federal Reserve meeting minutes, some bulls may choose to take profits and trigger a short-term correction in gold prices. Now that the gold price has strongly exceeded the 2350 mark, it is expected to rise towards the 2380-2400 area. There are few economic data on this trading day. We will focus on the market’s expectations for the U.S. CPI data for March that will be released on Wednesday, and pay attention to the situation in the Middle East. gold analysis Daily resistance is 2400, support below is 2300-2280 Four-hour resistance is 2370, support below is 2342-2330 ✅Gold operation suggestions: Judging from the current market trend, focus on the strong support of 2328-2330 below, and the short-term long and short dividing line of 2328. Go long when reaching strong support, gold breaks through history again, short sellers will not participate for the time being BUY:near 2330 BUY:near 2340 Technical analysis only provides trading direction!
OANDA:XAUUSD
by ActuaryJ
XAUUSD: 4/4 Today analysis and strategyA weaker U.S. dollar and geopolitical tensions provided support to gold prices. According to the latest news, three Iranian soldiers were killed in terrorist attacks on two military headquarters in southeastern Iran. Federal Reserve Chairman Powell reiterated the path of interest rate cuts this year. The US dollar was sold off. International gold reversed its previous decline due to strong ADP employment data and turned to a sharp rise. Gold rose nearly 20 US dollars on Wednesday, once exceeding 2,300 US dollars, setting a record. . Concerns about inflationary pressures boosted hedging demand for gold, U.S. service sector growth slowed further in March, and the U.S. dollar index fell from a four-and-a-half-month high to a one-week low, continuing to provide upward momentum for gold prices. Gold, a hedge against inflation and a safe haven in times of political and economic uncertainty, has risen more than 11% so far this year, helped by strong purchases by the Federal Reserve and safe-haven demand. This trading day will usher in the number of U.S. challenger company layoffs in March, the U.S. trade balance in February, and changes in the number of U.S. initial jobless claims for the week ending March 30. Investors need to focus on this. gold analysis Daily resistance is 2340, support below is 2280-40 Four-hour resistance is 2305, support below is 2280-65 Gold operation advice: The price of gold accelerated its rise and hit a record high. The daily level has risen for seven consecutive days and continues to maintain a strong bullish rhythm. At the same time, the overall rhythm recently has been a strong adjustment within the day and accompanied by a late pull-up, breakthrough closing, and a strong bullish pattern. The current highest price is around US$2,305. Gold continues to be bullish today and there is still room and demand for gold. Today, gold will focus on the lower support near 2,280. We can try to go long. Above, we can look at US$2,320 and US$2,340. ! BUY:2277-83 BUY:2265-69 Technical analysis only provides trading direction!
OANDA:XAUUSDLong
by ActuaryJ
Profit 18K, sell first and then buy goldDear friends, today after gold opened lower and fell back to the 2305-2300 area, it rebounded again and hit a new high near 2353. At present, gold has fallen back and remains near the 2338 position. Today’s transaction can be roughly divided into two parts. First, we ended our short position in the 2305-2300 area and captured good short profits;Secondly, I went long on gold with the short-term support of the 2330-2320 area, but I have closed the long position again near the 2330 position. Although our profit in this transaction is not good, as long as we can continue to make profits in the transaction, it can be regarded as a Not a bad result. Gold is currently trading near the 2338 position. Overall, gold is still in a strong upward trend, but for short-term fluctuations, I think gold may still continue to pull back in the short term. From the perspective of the form period,when gold is always below the 2340 position, then gold is likely to test the support in the 2315-2310 area again. Therefore, in terms of current trading, I may first short gold in small batches at an appropriate position, and then consider going long gold after gold pulls back to the target area of 2315-2310. I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
OANDA:XAUUSDShort
by MagicTrader_Manuel
Extension Bull Fibs on Gold show 2250 Target In ReachGold: 60 Minute, Fibonacci . . . I have much better bearing as to where and why this market is moving. All Month of March we have been trading an extension at the 38.2% line. We hit it's target on March 20th. Extension rules generally mean we trade the same anchor to new highs to get the retracement. We traded the retracement on March 23-24 and have been going up ever since. The objective for this new anchor is still higher, 2254.30.
OANDA:XAUUSDLong
by CeresTrader
NFP fails to meet expectations, will gold fall?Dear friends, today’s non-agricultural employment data released was 303K, which is much higher than market expectations and the previous value, which is largely negative for gold. However, the performance of the gold market fell short of expectations. Gold only fell to around 2280 before rebounding again and recovering all losses. Gold is currently trading around 2300. Will gold continue to fall? To be honest, I think gold will continue to fall after the rally. Because gold has touched its lowest position near 2267 during the decline, it has destroyed the early strong trend to a certain extent. Therefore, I will not be overly bullish on gold at the moment. In addition, gold is still suppressed by the previous high of 2305-2310 area, and the bearish structure on the hourly chart still needs to be digested at the technical level. The current news and technical resonance are negative for gold, so even if gold rebounds partially and even touches the 2305 area again, I always believe that gold will continue to fall. At present, I still hold short gold orders near the 2294 and 2302 positions. Although I am currently at a floating loss, I am not worried at all. I always firmly believe that gold will fall again and turn losses into profits! I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
OANDA:XAUUSDShort
by Trader_Manuel
3
Gold prices will return to highs again. Buy gold nowLast night, the price of gold broke through a new high again, reaching the 2287 line. As expected last night. Then it continued to fluctuate until the European market opened because prices were on the higher side. Gold made a technical repair after the start of the European session. The price of gold plummeted by about $20 from 2287. The current price is 2268. News: Risk aversion caused by the war in Gaza continues to ferment. Short-term bulls are still strong. gold. Dollar. as a hedging product. They all continue to attack. Trend: Overall, buying at low prices is still the main trend. It is not difficult to see from the above picture that the short-term repair is only for a day. The general cyclical trend is still upward. From an hourly perspective, the current support position for technical repair is located at the 2259-2264 line. Combined with MA technical indicators, there is a certain pressure for long-short conversion at 2270. Once the 2270 position is established, it will inevitably rebound within the day. During the day, buying is still the main focus. Today we focus on the impact of the announcement of ADP news. On Friday, we need to focus on the release of (U.S. non-farm payrolls after seasonally adjusted March). trade: Gold price is at 2263-2268 to buy tp2283-2287 SL2254 Pay attention to controlling risks and positions during operation. Stay concerned.
OANDA:XAUUSDLong
by T0_messenger
Already made more than 5K profit and continue to make profitsToday’s gold trading conditions are as follows: 1.Xauusd:@2178-2180 Sell, TP:2277 Profit: +$130 2.Xauusd:@2174-2176 Sell, SL:2277 Loss: -$1055 3.Xauusd:@2184-2186 Sell, TP:2277 Profit: +$1995 4.Xauusd:@2273-2275 Sell, TP:2268 Profit: +$2150 5.Xauusd:@2168-2166 Buy, TP:2273 Profit: +$2720 There was not much profit in gold trading today, only a profit of $5900 was made. Because ADP data will intensify short-term fluctuations in the gold market, for the safety of account funds, I basically set a very small TP, which limits my profits to a certain extent. But my trading principle is that the most important prerequisite is to protect the safety of the account principal, and the second is to strive for profits. We can see from the current gold trend that gold fell back again and tested support under the negative influence of ADP data. In the process, it did not fall below the 2265 position, so testing the short-term 2265-2260 area support is effective. Moreover, as gold fell back, funds waiting for long positions on the sidelines gradually entered the market, providing important support for pushing up gold prices. According to the current gold trend and market sentiment, gold still maintains a complete upward trend, and if gold's correction is discontinuous, gold will continue its upward trend. For now, I think gold will also test the 2290-2300 area. So in terms of trading, we can first consider going long gold after waiting for gold to fall back, first focusing on the support of the 2268-2266 area below; secondly, when gold touches the 2290-2300 area again, we can try to short gold again! I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
OANDA:XAUUSDLong
by MagicTrader_Manuel
3
Above 2260, gold will continue its bullish patternDear friends, gold hit its highest level near 2288 and then fell back. It is currently trading near 2271. Gold is currently showing an irrational market. On the one hand, due to the expansion of the situation in the Middle East and the conflict between Russia and Ukraine, safe-haven assets have been rushing into the market. On the other hand, silver and oil have made up for the rise, boosting the upward trend of gold. Judging from the current gold trend pattern, gold breaks through new highs each time, then pulls back to determine support, and then climbs upward again to set a new high. In other words, during the rise, it is accompanied by a correction of sweeping space. However, according to the current trend,gold remains on a strong upward trend. For current trading, due to the irrational market, technical analysis is lagging behind, and market sense and flexibility have become the most important. At present, for gold, I think there are profit opportunities for long gold or short gold. The key is to grasp the trading rhythm. First, the current short-term support is located in the 2268-2266 area, and secondly, it is located in the 2260-2258 area. Therefore, in short-term trading, we can do long gold in batches around these two areas. The top currently reaches the highest level near 2288, and is facing psychological pressure at the 2300 integer mark. Therefore, in the short term, we can short gold in batches in the 2290-2300 area and make mid- and long-term plans. I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
OANDA:XAUUSDLong
by Trader_Manuel