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Goldsellsignal

Waiting for opportunities to continue shorting goldBros, gold is still operating within the oscillating range of 2630-2655, and has not made any breakthrough moves. Gold is currently trading around the mid-range position of 2641. Currently, gold is trading around the mid-waist position of 2641. To be honest, the mid-waist position is not very easy to participate in trading, because gold has room for fluctuations up and down, at least it is not easy to set SL in the execution of transactions, so we can still wait patiently for trading opportunities. From the perspective of gold structure, gold is still relatively weak, so I still prefer to short gold in trading, so if gold can rebound to the 2650-2655 area, I will continue to try to short gold. Bros, do you know how to correctly grasp the trading rhythm of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDShort
by Trader_Marvin
2
Gold is again with bears. VWAP setup & Silver remains 30.10 My apologies if I am short one-day & long the next. About 48 hours ago I wrote that I thought Gold would likely get a bump-up & then sell off to the 14-18 November Lows, seen in this chart below 4HR. The main chart above shows Gold's weakness in a VWAP setup, where price, MA and the average VWAP move below VWAP (purple line). There was also a bullish head n shoulders pattern in the Asia session today early, very low timeframes, which nobody wanted a bar of. So lets quickly talk Silver, it sells off about 15 hours ago from a TOP2 and sells off very aggressively, but price normally turns around at the bottom and moves back up the charts. But in XAGUSD the above has not happened. It's been sitting at the bottom around 30.09 and hourly candles show this occurring. Nobody is buying Silver down there. Silver is awaiting its big-brother to come down the corridor. So what happens next? I think Gold sells off back down to levels near Silver and a move back to the 14-18 November lows. Yesterday I traded gold from around 2635 up to 2650 I think it was. So it moved up nice in the Asia session. Then price stalled for 4 or 5 hours. There should've been my cue that something was not right in the long entry for gold, then reading into economic data I thought was okay was my next mistake. I look for the bigger moves in trading which is much harder, some will put out an alert for a few pips here and there and still claim a win when their Stop was taken-out, they are stats-driven of course for their telegram channel 4! Cheers
EIGHTCAP:XAUUSDShort
by Easy_Explosive_Trading
Continue to short gold and look forward to more returns!Although gold has been supported by the conflict in the geopolitical situation and market risk aversion has pushed up gold prices, it has never been able to touch the previous high near 2484, and even 2480 cannot be reached for the time being. Therefore, gold seems to be strong, but it is facing the resistance area of the previous high. , and it is difficult to cross easily. Therefore, before gold breaks through the previous high, it is completely reasonable to fall back first to accumulate strength, which is more conducive to gold breakthrough. Therefore, I still don't recommend chasing gold directly at present. Regarding the risk of geopolitical situation, in order to avoid the outbreak of world war, I think all parties will effectively restrain themselves and the conflict will not escalate easily. Therefore, in terms of trading, on the contrary, I still advocate shorting gold in the 2470-2475 area; if gold rebounds and touches the previous high area of ​​2480-2484, I will continue to increase my position to short gold, and then wait for a new round of gold decline. Only by walking ahead of most people can we eat more cake and make better profits. I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
GOLD and impact of cpi newsXAUUSD has hit all our bullish targets. In our last analysis we have explained that if 2370 is not hit then the xauusd will fly to 2385 2393 2404 2421. bullish targets hit 2385✅✅✅ 2393✅✅✅ 2404✅✅✅ 2421✅✅✅ why xauusd fly high with cpi news? For the last three months the cpi is less than the expected value and fall in consumer price is an indication of finance department for cutting interest rates for stimulating borrowing investing and to boost purchase to strengthen economy. so now speculations for interest rate cut has increased and due to that reason as a safe haven gold price gone up for more detailed analysis and views follow us boost us
by realmillionairefx
Continuing DOWN trend !! XAU decrease⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) rose for the third consecutive day, reaching a weekly high of around $2,341-2,342 due to weaker US consumer inflation figures. However, the momentum slowed down near the 50-day Simple Moving Average (SMA) resistance after the Federal Reserve's unexpected hawkish stance. The Fed now expects only one rate cut in 2024, compared to the three previously projected in March. This is likely to put further downward pressure on gold during Thursday's Asian session. ⭐️ Personal comments NOVA: Gold price shows that selling pressure is dominating in the short-term H1 session. The economic data this week is not enough to help the price of Gold increase - the most important thing is still the information that the FED's interest rates will be kept unchanged, causing the price of Gold to continue to decline. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2270 - $2268 SL $2263 TP1: $2280 TP2: $2290 TP3: $2300 🔥SELL GOLD zone: $2319 - $2321 SL $2326 TP1: $2310 TP2: $2300 TP3: $2290 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
9
Gold Fed Rate Trading Strategy XAUUSD There will be a Federal Reserve interest rate decision in less than four hours, and gold prices will fluctuate greatly. The trading suggestions I gave are as shown in the figure, gold rebounds in the 1/2139-2143 area. You can try buying here once. 2/If it falls below this area 2139-2143, then the next range is 2121-2124. You can try to buy here. 3/If gold rises directly, we need to pay attention to 2 positions 2183-2188/2194-2199. If you like my analysis please give me a like. and join me
FX:XAUUSD
by George_Martin00
7 dimension analysis Gold 🕛 TOPDOWN Analysis - Patience Required Amidst Supply Signals Overview: The market presents an intriguing picture with four consecutive long-wick candles at the top, signifying a robust supply area. Big players seem hesitant to push prices higher than the previous high, warranting a watchful approach, especially in the context of the yearly chart. On the monthly chart, there is a clear uptrend with a well-defined cup and handle pattern. A substantial buildup at resistance levels suggests a wait-and-see stance, primarily for investors. The weekly chart signals a shift in the price dynamic, indicating bearish control until the last demand area or the next swing target zone. 😇 7 Dimension Analysis Time Frame: Daily 1️⃣ Swing Structure: Bearish 🟢 Structure Behavior: Breakout from Sideways (BoS). 🟢 Swing Move: The impulsive move has achieved its target. 🟢 Inducement: Awaiting confirmation; additional sell entry planned. 🟢 Pull Back: A solid second pullback. 🟢 Internal Structure: Bearish. 🟢 Support or Demand Area: Identified as the next profit booking target, decisions will follow after booking profits. Awaiting Support Breakout/CIP at 1899. 2️⃣ Pattern 🟢 CHART PATTERNS Continuation Descending Triangle break signals a target around 1827. 🟢 CANDLE PATTERNS Notable Observations: A record session count with eight consecutive bear candles suggests potential continuation until the target. Momentum indicates bearish candle formation. 3️⃣ Volume: Volume has been substantial during the entire move, with no signs of weakening. Volume on the breakout consistently indicates lower volume at base levels followed by significant volume during the follow-up. 4️⃣ Momentum RSI: 🟢 Zone: Super bearish. 🟢 Loud Moves: Price movement transitioning from sideways to bearish, indicating expectations of further bearishness. 🟢 Overbought/Sold Rejections: Currently count at 0. 5️⃣ Volatility Bollinger Bands: 🟢 Move Commencement: Following a Squeeze spanning over 10 candles in the range. 🟢 Squeeze Breakout: Expectation of a move outside the lower band. 🟢 Walking on the Band: Ongoing trend adherence, with price respecting this trend. 6️⃣ Strength ADX: Bears currently exhibit complete control in the market at this point. 7️⃣ Sentiment ROC: Indicates that this is the weakest commodity in the last week. ✔️ Entry Time Frame: H1 ✅ Entry TF Structure: Bearish ☑️ Current Move: Impulsive. ✔ Support Resistance Base: Last established base. ☑️ Candles Behavior: Reflects characteristics like RSC, Longwicks, Doji, and Inside candles. ☑️ FIB Trigger Event: To be assessed at the sell area. ☑️ Trend Line: To be drawn once the price reaches the sell area. ☑️ Final Comments: Waiting for the right moment to sell. 💡 Decision: Sell at correction. 🚀 Entry: 1870 ✋ Stop Loss: 1884 🎯 Take Profit: 1820, 2nd Exit if Internal Structure Changes, 3rd Exit on a trendline breakout or FOMO signal. 😊 Risk to Reward Ratio: 1:3.5 🕛 Expected Duration: 7 days SUMMARY: The market exhibits a strong supply area with a need for vigilance. Various charts, including the yearly, monthly, and weekly, provide insights into the bearish sentiment. The daily analysis indicates a bearish structure with planned sell entries. Volume, momentum, and candle patterns further support the bearish outlook. Patience is advised for a well-timed sell. Specific entry, stop-loss, and take-profit levels are provided, with a risk-reward ratio of 1:3.5.
OANDA:XAUUSDShort
by Optimum369
XAU/USD Mixed Sentiments Amid USs Data and Debt Ceiling TalksGold prices are struggling to maintain their week-start corrective bounce as mixed sentiment and anxiety over top-tier US data and debt ceiling talks weigh on XAU/USD buyers. However, the US Dollar bears have taken a breather amid hawkish Federal Reserve talks. Additionally, China's economic report indicates that economic growth is set to rebound sharply, which is underpinning the Gold price upside. The XAU/USD traders are bracing for the key US Retail Sales and debt ceiling negotiations among the US policymakers and are expecting a pullback unless the Gold price can sustain the $2,000 breakdown. TRADE IDEA DETAILS: CURRENCY PAIR: #XAUUSD CURRENT TREND: Mildly bearish TRADE SIGNAL: ↘️Sell 👉ENTRY PRICE: $2,015 ✅TAKE PROFIT: $1,970 ❌STOP LOSS: $2,027 #goldprice #XAUUSD #USdata #debtceiling #Fedtalks
OANDA:XAUUSDShort
by RichDadph-FX