Get started

Goldshort

GOLD → it is on widening patternhello guys. as you can see gold is forming a fake divergence on the RSI indicator! on the other hand, it is forming a widening pattern too. we can wait until the pattern breaks or we can get a short position on the upper yellow area. the target is $2470. __________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
OANDA:XAUUSDShort
by melikatrader94
4
Xauusd sell Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast. Gold now sell 2502 Support 2480 Resistance 2515 Confirm signal
OANDA:XAUUSDShort
by JohnHarry_7
Will Gold Prices Bounce Or Slide?The gold market is currently experiencing high volatility, making it essential to exercise caution. Key levels to watch: - Break above 2523: Potential buying opportunity - Break below 2518: Potential selling opportunity Traders are advised to closely monitor these levels and adjust their strategies accordingly. Stop-losses (SLs) are recommended to mitigate risk. Stay vigilant and adapt to market changes to capitalize on potential trading opportunities.
FOREXCOM:XAUUSD
by sabellaFX
2
Xauusd Gold consolidates before a sustained break above $2,530 Gold price has returned to the red but remains within this week’s familiar range above $2,500 early Wednesday. Gold price replicates the negative action seen during Tuesday’s Asian session, awaiting speeches from US Federal Reserve policymakers for fresh hints on the interest-rate outlook. Gold buyers need to recapture the record high of $2,532 to take on the next key barrier at the $2,550 level. Gold now buy 2510 Support 2515 Support 2520 Support 2532 Resistance 2500
OANDA:XAUUSDShort
by JohnHarry_7
GOLD - still valid short ? what's next??#GOLD - so far market perfectly holding our resistance region that was discussed in our video analysis. and guys keep in mind that that is still valid short and until market holding our above resistance region. IT WILL NEVER EVER BREAK OR CLEAR 2535 BEFORE ANY NEWS FROM WAR SIDE OR UNEXPECTED INTEREST RATE SIDE. keep close and don't go for a long , yes you can do it for scalp or in shorter time frame. stay sharp. good luck trade wisely
FX:XAUUSD
by AdilHussain731333
2
Xauusd chart Gold (XAU/USD) trades up into the $2,520s on Monday, as a combination of safe-haven demand sparked by rising geopolitical tensions in the Middle East, and increased confidence US interest rates will track lower in the medium-to-long term, make the non-interest paying asset more attractive to investors. Gold buyers need to recapture the record high of $2,532 to take on the next key barrier at the $2,550 level. Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast. Gold now buy 2522 Support 2530 Support 2544 Resistance 2512 Resistance 2500
OANDA:XAUUSDShort
by JohnHarry_7
Gold short If the new record high of $2,510 is reclaimed on a sustained basis, the next relevant topside target is seen at the $2,550 level. Acceptance above the latter could challenge the $2,600 round level en route to the triangle target, measured at $2,660. In light of the dovish Fed expectations, Gold price rallied to a fresh record high of $2,509 on Friday, further supported by rife tensions in the Middle East. An imminent Iranian attack on Israel loomed, as Hamas mulled over ceasefire talks with the latter. Gold now buy 2501 Target 2510 Target 2530 SL 2480
OANDA:XAUUSDShort
by JohnHarry_7
Emerging Pattern: Is Gold a Short or Long Opportunity?Good day Traders, Trust your day is off to a great start. Here is my analysis of the gold market. 1. Pattern : emerging bullish butterfly with 1% tolerance. 2. Completion : The pattern is projected to attain completion at point D, which is approximately at 2334.638 on the chart, which is why we are considering short position. 3. PRZ Zone : The potential reversal zone in anticipation of a bullish reversal ranges from 2334.638 to 2261.280. This where we intend to close our short trades 4. Target Levels : The targeted levels are T1 at 2401.823, T2 at 2370.158, and T3 at 2335.314. 5. Entry : I am looking to confirm a break and close below 2452.511 price region downwards, with solid market resistance before entering the sell trade. Why wait for a break and close below 2452.511? The broken H1 supply zone could act as a demand zone thus pushing price upwards. 6. Invalidation : Should there be a break and a close above the H4 supply zone at 2483.74, this would invalidate the setup and the associated trade idea. Please note : Rising tensions in the Middle East can increase demand for gold (thus increasing its price further) as investors seek to protect their capital from potential market volatility. Cheers and happy trading!
OANDA:XAUUSDShort
by Samuel124