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Goldlongsetup

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
The price of gold is about to continue its phased decline, Gold in the Asian market rose again to the 2060 level, which is similar to my expectations. The current digestion period of the news is almost over, and intraday trading is mainly selling at high levels. 2060-2057 is a good position. There is currently no significant news boosting the market, which is not conducive to gold's rise. In terms of trend, the gold price rise is weak, so focus on it during the day. Can the positions of 2255-2254, 22482247, and 2240-2241 be stabilized smoothly? If not, you can mainly sell at high levels. Related Products: MCX:GOLD1! COMEX:GC1! COMEX_MINI:MGC1! TVC:DXY BINANCE:BTCUSDT BINANCE:ETHUSD
OANDA:XAUUSDShort
by T0_messenger
1
Continue to short gold below the 2258 positionDear friends, gold hit a high of 2265 overnight and then fell back. Then gold stopped falling near 2229 and rebounded slightly again. As of now, gold is trading near 2251.According to the current gold trend, there is no doubt that gold still maintains a trend upward trend, so overall gold still maintains a intact upward pattern. But in the short term, today's 2256-2258 area will be a very critical position. If gold cannot break through this area during the local rebound, then gold will still need to continue its correction. So in terms of short-term trading, I will try to short gold in small batches in the 2253-2258 area. If gold can build a local double-top structure, the demand for a gold correction will be clearer; on the other hand, when gold is near and above 2260 , I personally will avoid chasing long gold, and I will still look for suitable opportunities to short gold to avoid funds being trapped at high levels. So relatively speaking, when others were extremely crazy about chasing gold, I changed the trend and began to insist on shorting gold at high levels; I share detailed trading ideas and trading strategies every day, hoping to help all followers to be successful in the market. Keep making profits! 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
Break down of our 700 pip trade.Below, we explain why and how we entered the market. On the 30-minute timeframe, we identified an engulfing candle, marking it as a Point of Interest (POI). With a refined risk of just 1 pip, we patiently awaited price to retrace to this level, anticipating a high probability bounce to the upside.. We observed the price returning to our Point of Interest (POI), meeting perfectly with a 4-hour candle and rebounding as anticipated from the engulfing candle. Our target is now set at the previous high, where we plan to take profit 1. As the trade unfolded, a 4-hour trend emerged and was honored before propelling towards our target and surpassing it. This straightforward technique serves as a method to mitigate risks while aiming for substantial rewards, offering a valuable approach for your trading endeavors.
TVC:GOLDEducation
by samstoobad
Golds next signals to watch.We are now in the premium price of gold and at all new highs. With no history levels to go off or much structure in there's new zones this is what we have to look for next week. Remember due to world events, oil tentions, high interest rates and more. GOLD is long term bullish. Ideally your looking for best buy opportunities. Gold is approaching the top of its current uptrend channel. We looking currently at the 2246 area once trading begins again Sunday. Sells should be seen from here. Or looking at the 15 min time frame. After a clean break and retest of the level 2216.86. Seen below The next best buy opportunity and strong poi, would be at our next order block and fair value gap. This area homes our pervious 2200 resistance that Should turn support now we have finally closed above this level. Along with a 4 hr tend line in this area to. A break and retest of this trend line would indicate Sales down to 2156 also a demand area.
TVC:GOLD
by samstoobad
Gold is going crazy, what to do with short positions?Dear friends, the current gold market is crazy. Today, gold is once again strongly approaching the 2220 integer mark. The market has a high sentiment of following the trend of long positions, but gold has not crossed this mark after all, and is currently stuck near the 2217 position. But behind the extreme madness is the correct logic of the market. Judging from the current trend, gold is undoubtedly a bullish trend, but after gold approached the 2220 position area, the price did not amplify further, and emotional buying was not particularly aggressive, so the appeal of gold at high levels was not particularly sufficient.the market remains rational. On the other hand, the sharp rise in gold has made the deviation rate slightly larger, and gold has a certain need for repairs at the technical level; and if gold fails to challenge the previous high again, then gold profits may be eager to cash in and trigger a wave of gold selling. Gold is still likely to repeat the last round of gold decline. So I think when the gold market is extremely crazy, we need to be more cautious in our transactions to avoid funds being trapped in high positions. Then we can divide the transaction into two parts. At the short-term level, you can wait for gold to fall back and go long on gold to seize the profits of small-level longs; at the same time, short gold on rallies in small batches at a relatively high position as possible to make mid- and long-term planning! I believe you will definitely reap profits beyond your expectations by then. 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
Unlocking Opportunity on Gold (XAU/USD)💰1. **Trading Opportunity Alert**: - Gold's at the **2185 resistance**—a fortress guarded by dragons. 🐉 - But wait! A break and retest? That's like a secret passage opening up. 🗝️ - Traders, grab your maps and compasses! 🗺️ 2. **Geopolitical Scenarios and Gold**: - Geopolitics? It's like gold's secret rendezvous with drama. 🌎 - When tensions rise (cue dramatic music), gold slips into its superhero cape. 🦸‍♂️ 3. **Fed Rate Cuts and Gold Prices**: - The **Federal Reserve (Fed)** wields its interest rate wand, and gold dances to its tune! 🪄 - When the Fed lowers rates, gold's allure sparkles brighter. Why? Because other assets suddenly seem less dazzling. 💫 - Imagine gold as a glamorous celebrity at a party. When rates drop, it's like the paparazzi swarming around, snapping pics. 📸 - **Conflict Mode**: Israel-Palestine, Russia-Ukraine—these plot twists send gold soaring. 🚀 - Picture gold as James Bond: cool, collected, and ready for action. 🕶️ Remember, in the financial saga, gold's the mysterious protagonist. Keep an eye on those plot twists! 😉📈🌟 Disclaimer: This is not financial advice, must make their own decisions.
OANDA:XAUUSDLong
by Bashar28
Unlocking Golden Opportunities💰1. **Trading Opportunity Alert**: - Gold's at the **2185 resistance**—a fortress guarded by dragons. 🐉 - But wait! A break and retest? That's like a secret passage opening up. 🗝️ - Traders, grab your maps and compasses! 🗺️ 2. **Geopolitical Scenarios and Gold**: - Geopolitics? It's like gold's secret rendezvous with drama. 🌎 - When tensions rise (cue dramatic music), gold slips into its superhero cape. 🦸‍♂️ 3. **Fed Rate Cuts and Gold Prices**: - The **Federal Reserve (Fed)** wields its interest rate wand, and gold dances to its tune! 🪄 - When the Fed lowers rates, gold's allure sparkles brighter. Why? Because other assets suddenly seem less dazzling. 💫 - Imagine gold as a glamorous celebrity at a party. When rates drop, it's like the paparazzi swarming around, snapping pics. 📸 - **Conflict Mode**: Israel-Palestine, Russia-Ukraine—these plot twists send gold soaring. 🚀 - Picture gold as James Bond: cool, collected, and ready for action. 🕶️ Remember, in the financial saga, gold's the mysterious protagonist. Keep an eye on those plot twists! 😉📈🌟 Disclaimer: This is not financial advice, must make their own decisions.
OANDA:XAUUSDLong
by Bashar28
XAU/USD Longs back up towards 2185.000 or 2200.000Gold continues to exhibit bullish behavior this week, building on the momentum from last week's significant news event that propelled it to new all-time highs. With price maintaining its bullish stance, this aligns with the broader long-term bullish outlook for gold. Buy positions have already been initiated, with an eye on the price reaching the 2185 level. At this point, we anticipate a potential retracement or a further upward move to address the imbalance above and potentially touch 2200, where a stronger supply level awaits. However, considering the presence of an Asian high above, there's a possibility of that 4hr failing. Nonetheless, I'll be awaiting confirmation on lower timeframes before taking action. Confluences for Gold Buys are as follows: - Price has taken ATHs and has also take break structure to the upside. - Price has been very bullish in terms of the candle stick anatomy. - Price has reacted off a strong demand zone that has caused this initial rally to take place. - Wyckoff distribution has occurred on lower time frame as well. - Imbalances and asian highs above that need to get taken. P.S. As price dynamics shift to the downside, the current movement might be temporary. Sellers could gain favor, leading to a potential drop to lower levels. Have a great trading week guys!
OANDA:XAUUSDLong
by Hassan_fx
1
Gold god strikes again. Let's take a moment to review this flawless execution AGAIN!!!. We identified the bullish flag pattern prior to reaching all-time highs, offering an ideal entry point. Yesterday's push following the Fed meeting was just what we needed. Currently, gold's all-time high stands at 2220. Today, we witnessed a retracement to the key support level we anticipated yesterday, hitting 2167 as predicted. With a clean break of 2185, our next resistance target is 2200. Gold's journey is far from over; 2220, we'll be seeing you soon.
TVC:GOLDLong
by samstoobad
Gold execution As mentioned earlier this week, gold entered a flag formation in anticipation of today's Fed news, poised for potential upward movement. Today, we observed a bullish surge from 2150 around 12:30, gaining 100 pips before stabilizing in anticipation of further updates. With the flag pattern broken and a strong bullish sentiment, a retracement back to 2176 followed by a retest and subsequent rise to new highs is likely. This reaffirms our belief that the journey with gold is far from over. Hopefully, everyone capitalized on these opportunities and made some gains.
TVC:GOLDShort
by samstoobad
Out look on gold. Gold prices surged in the latest week's trading, driven by a weakening US dollar index and declining US bond yields. Analyzing the 4-hour timeframe reveals a flag pattern formation, reminiscent of one identified in Bitcoin on March 3rd prior to its all-time highs. Currently, gold is consolidating between 2174 and 2153, presenting an opportunity for a breakout in either direction. However, there's a long-term bullish outlook on gold, with a personal inclination towards buying around 2152, targeting the flag trendline and underlying support. The initial take profit (TP) is set at 2174, with the necessity for a sustained break and stability above this level to indicate further upward momentum. Given the flag pattern's characteristics, it's speculated that gold's peak has yet to be reached.
TVC:GOLDLong
by samstoobad
GOLD primed to move higher!Gold has tried four times to push through the top of the channel. At the same time, the dollar has broken down and is likely to test the bottom of its channel. The dollar fall should give gold, the strength that needs to test the top of its channel again, and if it closes on the daily above the channel, then look for a big move higher. It will then retest the top of the channel for support, and if that holds it will move higher. TVC:DXY COMEX:GC1!
OANDA:XAUUSDLong
by tradepsych
Gold Price After BREAKING $2030 Gold Price Analysis for the Week of 26/2 - 1/3/2024 • Gold price is expected to end the week positively due to decreasing US Treasury bond yields and lack of significant news. • The XAU/USD is currently trading at $2,038, showing a 0.70% increase. • Gold prices unexpectedly increased last week, breaking through the $2030 range and continuing to trade above it. • Based on technical analysis, NOVA identifies key resistance at $2050 and support at $2030, $2016, and $2000.
OANDA:XAUUSDLong
by Doolz-Lebanese
1
GOLD I Daily outlook and forecast I Stay patient for best levelsWelcome back! Let me know your thoughts in the comments! ** GOLD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
FOREXCOM:XAUUSDShort
by BKTradingAcademy
4