Get started

Goldtrade

ADP-NF Is there a chance for gold price to drop to 2605?⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Expectations that the Federal Reserve will take a cautious approach to rate cuts, driven by concerns that President-elect Donald Trump's policies could fuel inflation, are supporting a slight rise in US Treasury yields. This provides some strength to the US Dollar (USD) and may pose a challenge for Gold prices. However, XAU/USD remains supported by ongoing geopolitical tensions, uncertainty around Trump's trade tariffs, and fears of a potential second wave of global trade wars. Traders are now awaiting the US ADP private-sector employment report and the ISM Services PMI for fresh direction in the market. ⭐️Personal comments NOVA: Gold price narrows sideway zone 2640-2655, about to break the accumulation zone with ADP NF data this week ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2664 - $2666 SL $2669 scalping TP1: $2658 TP2: $2650 TP3: $2640 🔥SELL GOLD zone: $2688 - $2690 SL $2695 TP1: $2680 TP2: $2670 TP3: $2660 🔥BUY GOLD zone: $2606 - $2604 SL $2599 TP1: $2615 TP2: $2628 TP3: $2635 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
1
Continue to short goldBros, today we shorted gold near 2647 with 2650-2655 as resistance according to the trading plan. The object closed the gold short position manually near 2636 and gained 100 pips, which is a good result. Just now, gold rebounded from 2632 and has now reached 2657. I still shorted gold again near 2654 as planned. Although gold touched near 2657 during the violent fluctuations, it did not stand strong, so it did not prove the effectiveness of its breakthrough. Moreover, it also faced resistance in the 2660-2665 area above, so gold may face another correction in the short term, it will retrace at least to the 2648-2645 area. So we can still try to short gold again in the short term, and I have already shorted gold near 2654. Wish us good luck! Bros, did you follow me to short 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
1
XAU sideway is about to end! Scalping BUY 2634SCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) faces selling pressure after briefly rising to the $2,650 resistance zone, reaching a new daily low during the early European session on Wednesday. Despite this, the metal continues to trade within its established range from the past week, as traders remain cautious ahead of Federal Reserve (Fed) Chair Jerome Powell's speech. Market participants are seeking insights into the Fed's rate-cut outlook, which could influence US Dollar (USD) demand and shape the next significant move for gold. ⭐️Personal comments NOVA: Scalping BUY price range before ADP-NF news was announced ( 2634 - 2632 ) ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2634 - $2632 SL $2629 scalping TP1: $2640 TP2: $2645 TP3: $2650 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
OANDA:XAUUSDLong
by Nova-Scalper
3
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
Next, how to grasp gold trading and make money!Bros, today I shorted gold near 2650 according to the trading plan. Although gold once rose to around 2655 during the period, as gold fell sharply to around 2635 in the short term, it was obvious that our short position was closed by hitting TP: 2637. In this short transaction, I made a profit of more than $6K, which is a good trading result. From the current gold structure, gold closed above 2630 many times during the decline. It can be clearly seen that a certain amount of buying support has accumulated in the 2635-2630 area; but in the absence of rebound strength, if gold cannot effectively break through the 2655-2665 area, gold is still in a relatively weak position. Therefore, in terms of short-term trading, if gold cannot break through the 2655-2665 area, we can still continue to short gold based on this resistance area; but what we must be careful about when executing transactions is that once gold strongly breaks through the 2655-2665 resistance area, Gold may also continue to rebound to the 2670-2680 area. Bros, do you know how to correctly grasp the rhythm of gold trading? 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
Still firmly short goldBros, gold has failed to effectively break through 2650 during the rebound process many times, so gold is still in a weak position. If there is no special news affecting the market, gold will continue to fall after consuming a certain amount of bullish energy, and may even drop to the 2600-2590 area. So in terms of trading, we can temporarily maintain the attitude of shorting gold. Bros, are you as bearish on gold as I am? 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
Seize the opportunity to continue shorting goldBros, gold fell as expected and touched the short-term support area of ​​2635-2630, and then rebounded again. Currently, gold is running around 2639. At present, gold is repeatedly bullish and bearish in the short term, and neither the rise nor the fall is sustained. The overall market can be classified as a volatile market. However, from the perspective of the strength of gold's rebound, gold is relatively weak, and it has never effectively broken through 2650 during the rebound. So in short-term trading, we still focus on shorting gold after the rebound. Then the area we focus on first is the 2645-2650 area, followed by the 2660-2665 area. As long as gold remains below 2660, I think the short energy is still slightly better, so at the right time, we can short gold with the 2645-2650 and 2660-2665 resistance areas. Bros, are you as bearish on gold as I am? 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
Hold on to short gold positionsBros, as I said in my last opinion, we can short gold with the 2645-2650 resistance area. I have already shorted gold at 2645 and 2651 as planned. Although gold has not fallen effectively so far, it still remains above 2640. But we can see that gold has not effectively broken through 2650 in many rebounds, so I think that after consuming a certain amount of long energy, gold will fall again. So I am still very confident in my short position. Bros, have you followed me to short 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
Short gold after reboundBros, the lowest retracement of gold during the day was around 2622, and then rebounded and is now running around 2634. Since gold has chosen to break through downwards and is particularly weak during the rebound, we still give priority to shorting gold in the short term. The top focus is mainly on the resistance in the 2640-2650 area. The main focus on the 2640-2650 area resistance. In terms of short-term trading, we can short gold based on this resistance area.
OANDA:XAUUSDShort
by Trader_Marvin
Long gold after a pullbackBros, because the geopolitical situation is tense again, the market risk aversion is high, and gold has broken through the recent short-term resistance and reached near 2667. Since gold has made a breakthrough and chosen a direction, we must follow the trend and go long on gold, and we cannot blindly short gold. The market risk aversion stimulates buying, so after gold breaks upward, the gold retracement space may not be too large, so we maintain the continuity of the trend in trading. If gold falls back to the continued rising position area, then we can start to try to go long on gold, that is, the current continued rising support area is 2655-2645 area. Then in this range, we can start to try to go long on 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:XAUUSDLong
by Trader_Marvin
Continue to hold long gold positionsBros, as I said in my last article, since gold has chosen to break upward after the shock, there will not be much retracement in a short period of time. Although gold has encountered resistance and fallen back near the 2665 position many times in the short term, as long as it does not fall below the 2660-2655 area during the decline, then gold must have room to rise. For this round of gold rise, I think gold is likely to try to touch the 2680 area. So we can hold the long positions we currently hold with confidence and wait for the profit to expand! Bros, are you following me to go long on 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:XAUUSDLong
by Trader_Marvin
Shorting gold is my best Thanksgiving gift to youBros, although gold has risen sharply to around 2646 in the short term, from the overall structure, the rebound strength of gold is still lacking, and it has never been able to break through the key level, resulting in limited room for gold to rise; and gold still faces the resistance area of ​​2650-2655 in the short term. So don't be scared by the sharp fluctuations in the short term. The rebound is an opportunity to short gold; in addition, once gold forms a falling relay platform, gold is likely to continue to fall and try to reach 2600, or even 2580. Bros, this is my Thanksgiving gift to you! Be brave to short gold! Bros, have you shorted gold like me? 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
Sorry, I've already started shorting goldBros, gold rose to the 2650-2660 area as expected, and we made a very good profit on the long position we held since yesterday. At present, gold has reached a high of around 2654. Then it is obvious that since gold fell from 2721 to 2604, its 50% split line is exactly in the 2660-2665 area; and in the short term, since gold fell from 2688 to 2604, its 61.8% split line is exactly in the 2655-2660 area. So gold faces resistance in the 2655-2665 area in the short term. If the current rebound of gold is just a correction to the downward trend, then gold may still fall again when facing this resistance area. So I have reminded everyone that you can short gold near 2653, bros, wish us good luck! Bros, have you shorted gold like me? 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
Hold on to the short position and don't give up!Bros, gold once rose to around 2658. Seeing the sharp rise in gold in the short term, have you given up your short position? I still insist on holding short orders near 2653. Although gold rose sharply to near 2658 in a short period of time, it did not break through the 50% dividing line in the 2660-2665 area; and the daily level resistance is also located near 2660. and the daily level resistance is also located near 2660. So I have reason to believe that after gold fails to effectively break through the 2660-2665 area, it will usher in a wave of retracement in the short term, and the retracement target is 2640-2635 area. Therefore, I still continue to hold a short position in gold and look forward to a good result and continue our winning streak! Bros, have you shorted gold like me? 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
1
Still sticking to long goldBros, as I said in the last article, gold still failed to fall below the 2605-2600 area, and even failed to fall below 2610, even in the process of falling, and the falling low point is gradually shifting upward, and there is still a certain buying support below. Now gold is still a bargain, so in terms of trading, I still advocate long gold. And I have already longed gold near 2626 and 2618 according to my plan, and now I expect gold to rebound to around 2640. Of course, I still haven't given up my target of 2650-2660. Bros, are you long gold like me? 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:XAUUSDLong
by Trader_Marvin
Gold may continue to rebound to the 2650-2660 areaBros, after testing the support of the 2605-2600 area, gold rebounded again. The current highest has rebounded to around 2633. Will gold continue to rise? In fact, gold fell from around 2721 yesterday and has now reached a low of around 2605. Although the decline has exceeded $116, it has not effectively destroyed the long structure, so gold still has the possibility of continuing to rebound upward. Judging from the current structure, the short trend of gold has not ended, but before continuing the short trend, gold may still rebound to the 2640-2650 area, or even the 2655-2665 area in the short-term structure, and then continue the short trend. Therefore, if gold retests to the 2620-2610 area, we can consider going long on gold again. Bros, 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:XAUUSDLong
by Trader_Marvin
Gold falls sharply, is there a turnaround for bulls?Bros, today gold has fallen since around 2721, and currently has dropped to the lowest level around 2616, with a drop of more than $105. During the decline of gold, the bulls have no ability to resist. So, is there no hope for the bulls' energy? In fact, gold bulls have not completely given up at present, and the bulls' energy is still organized and resistant in the 2610-2600 area. So the bulls still have the strength to fight back. If gold fails to fall below the 2610-2600 area in the first time, then gold may still rebound to around 2635-2640. Therefore, after a sharp decline, near the short-term support area, we should not be too bearish on gold. On the contrary, if gold falls back to the 2610-2600 area and does not fall below, we can consider starting to go long on gold. Bros, 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:XAUUSDLong
by Trader_Marvin
2
Shorting gold againWe have won consecutive victories in trading today. As in the previous article, we shorted gold near 2695 and 2710 respectively, hitting our TP: 2690-2685. Now that gold has risen to around 2710 again, we can try to short gold again, TP: 2700-2695 Brothers, 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
Bravely hold a short position,TP:2690-2685Bros, today is another fruitful day. Today, we shorted gold with 2695 as resistance as scheduled. After gold broke through the first resistance area of ​​2595, we shorted gold with 2711 as resistance at around 2710 in equal proportion as scheduled. Gold is now back below 2700 and our short position is starting to make profits again! Bros, there is no need to rush to close short positions, gold may continue to fall to 2690-2685, and once gold falls below this area, gold may even continue to fall to around 2675. Boldly hold short positions and look forward to better profits! Bros, 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
Go long gold: TP: 2675-2680Brothers, gold has failed to fall below 2660 many times, so as I said in my last article, I closed the short position near 2664, and immediately went long on gold near 2664, and manually closed the long position near 2770. At present, gold has fallen back to near 2660 again and has not fallen below, so I have gone long on gold near 2664 again. Although gold has fallen back locally, it has not fallen below the short-term support of 2655, and has not even fallen below 2660, so the gold bull energy still has the advantage, so the gold fall is an opportunity to go long on gold. And according to the current structure, gold still has the possibility of continuing to rise and touching the 2675-2680 area, and may even touch 2690. So the trading strategy: go long on gold in batches in the 2665-2655 area, TP: 2675-2680
OANDA:XAUUSDLong
by Trader_Marvin
Support zone ! scalping BUY XAU ! 2644 SCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) pulls back from a one-and-a-half-week high reached earlier on Wednesday, slipping to a fresh daily low below $2,630 as the European session approaches. A notable rise in US Treasury yields, driven by expectations of a more cautious easing approach from the Federal Reserve (Fed), boosts demand for the US Dollar (USD) and weighs on the non-yielding precious metal. Additionally, the upbeat sentiment in equity markets diverts flows away from safe-haven assets like Gold, halting its two-day winning streak. However, escalating tensions in the Russia-Ukraine conflict may continue to provide some support for Gold and could limit further losses, urging caution before making new bearish bets. ⭐️Personal comments NOVA: Support zone M15 , set up scalping BUY - Price recovered back to 2644 ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2624 - $2622 SL $2619 TP1: $2630 TP2: $2636 TP3: $2645 ⭐️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
OANDA:XAUUSDLong
by Nova-Scalper
1