Gold is short at 48-49, expected to correct during retracement
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Gold, the U.S. market has once again broken through, currently reaching a maximum of around 48. In the short term, this week will also usher in three consecutive positives, so this action is likely to be an unjust move, and the pressure from above will also It’s coming soon, and the current suppression level of gold remains at the 50 line. This position is also an important suppression level in the near future. It is very likely to break through in the evening, but the probability of breakthrough is not high. We still need to continue in the evening Bearish on gold, we are facing the first wave of retracement since the counterattack, and the support below will also remain at the 20 line. This position is also the limit of the retracement of this wave of short patterns. Once it continues to break down, it will be very likely. The possible reversal of the short position will also end the upward willingness of the bulls. At present, the daily line is above the moving average system, and the upper pressure of the weekly line is maintained at the mid-track position. This position is probably around 55, and in the evening For gold, let’s go short around 48-49 first, and the target is around 35-25, with a loss of 55.5. If you stand above 50 for a long time, you can consider adjusting your position and getting out.
Goldshort
GOLD 4H (Pivot Price: 1936)GOLD
Hello,The gold price has shown narrow range trading since the morning, with no change in the expected bullish trend scenario for today
if it is below 1936 the direction downwards going until it reaches 1931 and 1924 then 1913
if it falls above 1936 the direction is going to touch 1943 again and 1949
Pivot Price: 1936
Resistance Price: 1943 & 1949 & 1956
Support price: 1931 & 1924 & 1913
time frame: 4H
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Gold 19-20 short, short-term pressure bearish
Gold, this Friday once again showed the shape of bottoming out and rebounding. After hitting the lowest line of 03, it began to reverse, and closed around 14, forming a negative cross star with a long lower lead. The daily line did not continue, and it was under pressure at the position of the mid-term moving average , On the contrary, it fulfilled the rapid fall of the bears, and the fall on Friday is also likely to be the second test of the bears. With the poor continuity of the bulls, we are still not optimistic about the continued upward movement of gold in the later period. A bear is under pressure, and the current pressure on gold is maintained at the 20-line. This position will continue to serve as the watershed between long and short positions and the position of key pressure points in the later stage. If we continue to stand firm at this position for a long time, we will still prefer to Bulls, on the contrary, if the counter-drawing is under pressure and retreats on Monday, we can temporarily announce that the short-term long-term counter-drawing will come to an end, and the support below will remain around 1900. If gold rebounds first on Monday, see 19-20 Continue to short in the vicinity, the target is around 05-00, and the loss is 25.5. If the performance of the European market is strong and there is no intention of retracement, the position needs to be adjusted before the US market!
GOLD SHORT!!Hey Traders,
What we see again is clear and obvious, so price having change of character from uptrend to down-trend, so for now we expect price to react and get away from the zone we determined...
It is exactly update for entering again to GOLD, however we have news coming in couple of hour, so ave your risk management,
Any question comment bellow!
Thank you!
@FxShzd team
Gold 19-20 short; The oscillation correction moves down
Gold, yesterday's big white line rose during the day, as of the afternoon the highest touched around 22, but this action we still can not completely think of as a reversal of bulls, after all, in the field of long and short, the first condition for judging whether it is a reversal is not a single day of yin or yang, are continuous and breakthrough effects, and the current gold European market falls, then the probability of the U.S. market continuing to strengthen is not large, after all, continue to retrace to the position below 20, then this position is also an important pressure outlet position in the evening, And the key support below will also be maintained at the integer off the 1900 line position, this range may have a certain time point on the oscillation, and the evening trend is also more critical, if strong, then continue to follow the later right, on the contrary, the later period is still reviewed in the falling channel, then the evening gold such as the counter-draw around 19-20 continue to short, the target is around 05-00, stop loss 26.5, as follows after breaking 10 can consider continuing to hold, and the weekly system continues to be under pressure, then the short-term point or try to bearish
📈Gold analysis, Weekly insight into price behavior📉FOREXCOM:XAUUSD
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Gold analytical series, First day of the week.
Hello Traders, please check out my previous ideas.
As long as the price is below the 3H-4H middle Bollinger line, any price moves to cross this line is a sell position for me.
If the price breaks above the midline or stabilizes above the 1896 or 1992 level, the bullish scenario will be activated, and price can test daily Bollinger midline.
Targets are shown on the chart.
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CrazyS✌
📈XAUUSD analysis 4H, 📉FOREXCOM:XAUUSD
OANDA:XAUUSD
Gold analytical series, First day of the week.
Hello Traders, please check out my previous ideas.
If the price breaks above the midline or stabilizes above the 1896, the bullish scenario will be activated, and price can test daily Bollinger midline.
Targets are shown on the chart.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
CrazyS✌
GOLD SHORT!! SCALP TRADE!!Hey Traders,
Here we are with the analysis of the gold, so far in higher time frame we are in bullish trend however we reached to one of the key supply area, and we expect to change the trend in lower time-frame which we can scalp on counter trend,
So what we see is clear break of structure just bellow and you see change of character,
So we wait for the price to reach our key level to take short position,
I am taking 0.5% risk on this trade as it is scalp and counter trend,
So lets see how price reacts we can have a clear drop to the level we determined...
Thank you for supporting,
Any question comment me bellow
@FxShzd team
Potential short swing trade for goldGold prices have held up well the past couple of days despite a stronger USD and yields. Although its established bearish trend looked overstretched around recent lows, after bears failed to drive prices materially beneath the June low.
We see the potential for the retracement continue higher over the near-term, but we'll be looking out for evidence of a swing high around or below the 19117 - 1920 area (high volume node and round number).
And now spot gold prices have already tested 1900, another leg lower does not seem unreasonable. Besides, the front-month gold contract is yet to break that level, and it provided support in late June. And if futures are to head for 1900, it suggests support for spot gold around 1970.
Gold 99-00 short; range shock short
Gold rose steadily during the day. Before the US market, the highest reached around 04 and then began to retreat, and the lowest fell again to around 89 to stop. The short-term retracement is also a continuation of the previous downward channel, which is also very reasonable. The retracement rate is slightly higher, but overall, the probability of a large retracement is not high. After all, the bottom has formed a three-bottom pattern, so this position can only be paralyzed in a large area after the position continues to break, and the current 90 line is broken. The probability is actually not high, and it is very likely that a puncture effect will be formed, and the upper pressure port is maintained at the 05 line, and the daily line begins to draw back, creating a breakthrough momentum. Shock is inevitable, but before an effective breakthrough is formed above, we still easily define it as a reversal of the bulls. At present, we can only operate tentatively, but the pressure on the top still exists, and it is recommended to try to short Mainly, if gold reverses in the short term, short around 99-00, don't look around 88-83, stop loss 05.5
GOLD SHORT SIGNAL 30 MINDear traders,
Gold in the 30-minute time frame can experience a price correction.
Until it breaks above the level of 1912, we cannot say that the trend is definitively bullish, despite the price showing a tendency to rise.
You can enter buying positions at lower levels and also consider selling positions based on your trading style.
I would appreciate it if you could share your opinion with me.
Gold 93-94 short, short-term still needs to be short
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Gold, ending this week with five consecutive negative trends, formed a pattern of negative declines, basically at a perfect rhythm point, and continued to fall after the withdrawal, and this kind of trend requires more patience, and last week The integer level 1900 line has already broken, so this position is also an important long-short reference point position for us in the later stage. In terms of the previous performance, the probability of continuing to break the position is not good, and the current support below will also move down to around 70. The downward channel on the hourly line is flawless, the pattern of the daily line is weak, and a pattern of pressure has been formed, so gold will continue to be bearish on gold in the near future, and this kind of slow decline pattern, the acceleration in the later stage will definitely exist, and only the short energy will be released in an accelerated manner After that, there will be opportunities for bulls to reverse and reverse. At present, we are still operating around the idea of shorts. Next Monday, if gold is reversed first, it will continue to be short around 93-94. The target is around 82-75. Loss 00.5, if the European market is relatively strong, the position will be adjusted and out before the US market
Gold: Having a 'Metal' Breakdown 😫The price of gold is currently experiencing a notable downward trend, aligning with our initial predictions. Anticipating further declines, we foresee the price dropping below the support level of $19 000. This descent could lead to the formation of the low point for the orange wave iii. However, we maintain a 25% probability of a potential upward movement. In an alternate scenario, the price would need to establish the blue wave alt.(ii) within the $2014.8 to $2064.5 range before beginning its downward trajectory.
(Gold) : Possibility of Going DownHello guys, I hope you are all doing well. I think gold will fall at least until 1912 and then it will reach 1810 in steps. Also, I can see a Triple Top pattern on the daily chart that is happening, which makes me more determined to go for selling gold.
May you all be PROFITABLE,
Gold showing a big bearish pattern brewing Inverse Cup and Handle seems to be forming on the daily chart for gold.
This does not give safe-haven vibes. Unless it's for a short.
If the price breaks below the brim level (support), we could see downside to come for the metal.
Other indicators confirm downside.
21>7
We just need the price to break below 200MA and it's all down from here.
RSI<50
Target 1 will be at $1,710, around where the recent support levels were.
📈XAUUSD, still looking for sell pos📉OANDA:XAUUSD
FOREXCOM:XAUUSD
Gold analytical series, Episode 26
Hello Traders, please check out my previous ideas.
As long as the price is below the middle Bollinger line, any price move to cross this line is a sell position for me.
If the price breaks above the midline and stabilizes, the scenario will change.
targets are on the chart.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
CrazyS✌
Weakness in global markets threatens gold's well beingIn tandem with our expectations, gold dropped below $1,910. Significant developments accompanied this movement on the daily chart; RSI, MACD, and Stochastic continued to form bearish structures, and ADX began to rise (indicating a growing trend). As a result, we remain bearish on gold in the short term and expect it to test the $1,900 level. If it breaks below this level, it will further bolster a bearish case. In such a scenario, we will watch the support near $1,893 and its ability to hold selling pressure. If it is also broken to the downside, we expect gold to drift toward $1,875. As a result, we still wait for a better price before committing more capital to the asset.
Illustration 1.01
In the previous article, we highlighted how MACD was approaching the midpoint on the daily chart. The yellow arrow indicates a bearish crossover.
Illustration 1.02
The picture above shows the daily chart of XAUUSD and two simple moving averages. The yellow arrow indicates a looming bearish crossover between the 20-day SMA and the 50-day SMA.
Illustration 1.03
Illustration 1.03 shows the daily charts of various indices. We would like to reiterate that weakness in global markets continues to present an obstacle to higher prices in gold as investors might be forced to sell it in order to cover losses elsewhere (this was a widespread phenomenon during 2022).
Technical analysis
Daily = Bearish
Weekly = Bearish
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
GOLD SHORT SCALP SIGNAL 15 MINHello friends,
I have previously announced the long-term analysis of the global gold market in higher time frames. I recommend that if you haven't seen that chart, be sure to take a look.
However, in this time frame, we can take short-term trading opportunities with a scalping approach and risk for logical rewards. I have identified two positions for you.
It is worth mentioning that these positions do not contradict the long-term analysis.
Also, please note that this trade carries a high level of risk, and capital management should be carefully considered.
Wherever you are, be happy and profitable.