Get started

Goldtrade

GOLD Where Next ?hey Traders , As i predicted last time gold went down from the trendline , unfortunately there was some manipulation before the news which stopped out a lot of traders. gold is still bearish technically I believe we are going to see gold on 1906-1910 again , you should be looking for shorting opportunities , remember the trend is your friend . the confirmation will be the break out of this zone. and fundamentally speaking gold is bearish dollar is still strong. the weekly candle closed as a inversed hammer too. this is just a prediction keep in mind this the last week of Q3 The markets are going to be very crazy anything can happen trade safe .
OANDA:XAUUSDShort
by xAB777
GOLD:Trading strategy Yesterday, because of the Fed meeting, gold fluctuated a lot, but now it has gone out of the trend. The content of the FOMC's meeting can be understood as a more hawkish suspension of interest rate increases. In the morning, gold could not break through 1930. I decisively notified my customers to sell, which made us a lot of profit today. Now, gold has fallen again because of the data on US unemployment benefits, so it can now be judged to be a downward trend. You can choose the above pressure to sell. Now we have to observe whether gold will go to the 1910-1915 range again? Want to know how to trade?Like and subscribe.Follow me
OANDA:XAUUSDShort
by UnknownUnicorn60055110
Bitcoin dips, but on-chain data hints at a potential bull run.Bitcoin briefly dropped below $27,000, hitting a low of $26,940 after failing to surpass resistance at $27,393. Earlier, it reached $27,500 on news of Nomura's Bitcoin adoption fund for institutions. On-chain data from Santiment shows increased Bitcoin activity since April, especially above $27,000. There's also a rise in dormant Bitcoin movement, indicating wallet activity when prices exceed $27,000. In September, daily active Bitcoin addresses averaged 1.1 million, the highest since April, suggesting improved network usage. Analysts suggest this growing on-chain activity might signal a return of the Bitcoin bull run. Currently, it hovers around $27,062, down 0.62%.
CRYPTO:BTCUSD
by Hinata_Sumi
62
Debunking Myths: Gold's Ineffectiveness as an Inflation Hedge Gold has long been considered a safe haven during times of economic uncertainty, but its reputation as an inflation hedge is questionable at best. While it is true that gold has historically shown some correlation to inflation, this relationship is far from foolproof. In reality, there are several reasons why gold's performance as an inflation hedge falls short: 1. Limited Utility: Unlike other commodities, gold lacks practical use in various industries. Its value primarily relies on its scarcity and desirability as a precious metal. Consequently, gold's price is influenced by factors beyond inflation, such as geopolitical tensions, investor sentiment, and currency fluctuations. 2. Inconsistent Correlation: Over the past few decades, the correlation between gold prices and inflation has proven to be erratic. During certain periods, gold has indeed demonstrated a positive correlation with inflation, but there have been instances where the relationship has weakened or even reversed. This unpredictability undermines gold's reliability as a long-term inflation hedge. 3. Opportunity Cost: Investing in gold often comes at the expense of other potentially more lucrative assets. While gold may provide some degree of protection against inflation, alternative investments such as real estate, stocks, or even certain commodities have historically outperformed gold in terms of returns. Ignoring these opportunities could hinder your portfolio's growth potential. Considering these factors, it is prudent for traders like us to explore alternative assets that offer better performance as inflation hedges. Diversifying our portfolios with assets that have a stronger historical correlation to inflation can help mitigate risk and potentially enhance returns. Some potential alternatives worth considering include: 1. Real Estate: Historically, real estate has shown a strong correlation with inflation, making it an attractive long-term investment. Additionally, rental income from properties can provide a steady cash flow stream, further bolstering its appeal. 2. Stocks: Certain sectors, such as consumer staples, utilities, and energy, have historically performed well during inflationary periods. Investing in stocks of companies within these sectors can offer a more direct hedge against inflation. 3. Commodities: While gold may not be the ideal inflation hedge, other commodities like oil, natural gas, and agricultural products have displayed a stronger correlation with inflation. Exploring these commodities can provide a more reliable hedge against rising prices. In conclusion, it is essential to challenge the prevailing belief that gold is a foolproof inflation hedge. By considering alternative assets that have historically demonstrated better performance, we can position ourselves for greater potential gains while managing risk effectively. As traders, it is our responsibility to question established norms and seek out opportunities that align with our investment objectives. I encourage you to explore these alternative assets and assess their potential for better performance as inflation hedges. Together, let's navigate the ever-changing trading landscape and make informed decisions for our portfolios.
COMEX:GC1!
by bryandowningqln
Gold: Rebounding from U.S. highs and entering short positions Gold is now rebounding from the pressure position, and the market is encountering resistance! The current trend is consistent with Dukang's prediction in early trading. If it encounters resistance at the 1927 pressure position, it will be difficult for the market to rise! Then just empty it! The European market has already indicated that the current price of 1928 is short, and now it continues to be short and bearish. Those who have not entered the market will continue to be short at the current price! The trend is completely in line with expectations, and it is carried out according to the script written by Du Kang, so just go short now! Gold is now expected to fluctuate within the 1928-15 range. Shorting at pressure positions is bearish! More after getting support below! Shocking trend, sell high and buy low! After the data, the market has not gone out of the trend. Now the probability is even smaller, it is a wide range of shocks, so make sure the shocks are done well, and just operate in the opposite direction at the key pressure support position! In volatile market conditions, it is most taboo to chase the rise and kill the fall! Empty, the U.S. market 1928 is directly empty!
OANDA:XAUUSDShort
by Dylan-Jones
1
XAUUSD: 22/9 Today Trading StrategyGold rebounded slightly on Friday after yesterday's heavy losses, and the price of gold is now around 1925. The Federal Reserve kept interest rates unchanged as scheduled on Wednesday. There is still the possibility of the Federal Reserve raising interest rates in the future, pushing the US dollar higher, which will put pressure on gold prices in the short term. Gold prices fell to their lowest yesterday, near 1913. Today is the last transaction of the week. Today, gold's fluctuations this week can be described as twists and turns. Yesterday, the gold market continued its decline. It opened at 1930.8 in early trading, and then the market rose slightly to 1931.5. Then the market began to fall back, with the daily minimum reaching around 1913. Afterwards, the market consolidated, and the daily line finally closed at 1919, and then the daily line closed at 1919. The line closes with a big negative line with a long lower shadow. After finishing in this form, today's market still has certain technical needs for adjustment. On the 4-hour chart, there has been a wave of negative declines, and it has returned to a wide range of shocks. There is still support close to the 1900 mark. Judging from the closing situation at the end of the day, it is not a unilateral weak decline. ​ ​​Gold operating strategy: BUY:1912-1915 SL:1908 TP1:1920 TP2:1925
OANDA:XAUUSD
by ActuaryJ
Gold Post FOMC Update Witness the astonishing power of Gold as it defies all odds! 🌟 After a jaw-dropping surge in the wake of the FOMC, hitting a resilient resistance zone at 1983, things took a wild turn. The FED's interest rate hike left many traders trapped in sell positions, leading to an insane and horrifying market situation. But guess what? We were ready! 💪 Armed with keen foresight, we stood tall in the sell zone, anticipating the inevitable drop. Our signal proved to be spot-on as Gold gracefully tumbled from 1983, and we seized the moment, booking stellar profits near 1948! 📈🤑 Now, the price retraces to 1955, testing the waters around a crucial trendline support, which, alas, succumbed to the pressure and transformed into a formidable resistance overnight. The bearish bias on higher timeframes strengthens our resolve to make the most of this golden opportunity. As we embark on this thrilling journey, our sights are set on the next targets: 1942 and 1925! 🎯🎯 The path ahead may be challenging, but we embrace it with unwavering confidence and a strategic approach. Join us as we navigate the twists and turns of the market and unlock the untold potential of Gold! 🌌💰"
FOREXCOM:XAUUSDShort
by Saibi_FX
XAUUSD: 21/9 Today’s Trading StrategyGold opened on Thursday and continued to fall lower, continuing yesterday's decline. The U.S. dollar index and U.S. bond yields also continued to strengthen at the opening due to the Federal Reserve's hawkish expectations, putting pressure on its gold price. Overall, the interest rate meeting was biased towards the hawkish side. This may limit gold price gains in the short term. However, gold in the Asian market fluctuated slightly and rose, and it is not expected to have a big trend. There will be data to pay attention to later. Judging from the structure of yesterday's trend, gold fluctuated sideways at first, and was also the calm before the storm. The U.S. market once crashed and pushed the pressure up to the 1947 line. This was the market's early reaction to the Federal Reserve's expectation of suspending interest rate hikes. However, In the early morning, the Federal Reserve's interest rate meeting was biased towards the hawkish side, which caused gold to peak and fall, completely swallowing up all the gains during the day, and finally closed at the inverted hammer line near 1930. At the daily level, gold was suppressed at the 1947 line and formed a double top suppression pattern. This may indicate that gold prices will be limited in their gains in the coming period. In the daily K structure, after the gold price breaks through, the lower support is still at the 1920 line. This also suggests that gold prices will find support near this area and may rebound or correct here. At the 4-hour level, the stochastic indicator crosses downwards and the MACD double-line top divergence indicates that gold prices may experience a short-term rebound adjustment. Therefore, during the day operation, Jiesse is still optimistic about the trend of falling from the high level. Then consider going long at a low position ​ ​Gold operating strategy: SELL:1934-1937 SL:1941 TP1:1930 TP2:1925 BUY:1920-1923 SL:1916 TP1:1927 TP2:1931
OANDA:XAUUSD
by ActuaryJ
Today's Gold Bearish Final Target: 1916 and 1903Yesterday, we saw that XAUUSD went up a lot until 1947. After that, the market has come down in FOMC News and is constantly coming down.  So far, the xauusd has broken much support. So far, if we see, the market can go up a little because, at present, the market has been running since 1924.  The rest of our goals have been completed; now our targets are 1916 and 1903.  As we mentioned in our last two or three analyses, the market target is 1903, so let's see that the final market is moving towards our target. If you like our analysis, then you can boost our posts. You can leave a comment in the comment section. Good luck and best wishes to everyone.
OANDA:XAUUSDShort
by MsProTrading
4
Gold trading strategy: daily profit of more than $20KYesterday and today I have made it very clear to everyone about gold trading ideas. We mainly focus on shorting gold at high levels. We shorted gold in batches above 1936 yesterday, and made very good profits this morning, with daily profits reaching more than $20K. According to the current structural trend of gold, gold will maintain a downward trend in the short term. I predict that the vicinity of 1914 is not the lowest point of this round of gold decline, and gold will continue to fall.Therefore, my current trading rhythm will continue to maintain the view of shorting gold at high levels. Of course, in trading, we must grasp the appropriate trading position in order to maximize profits. At present, we still hold a short position in gold, and with part of the profit, we can continue to hold it to maximize profits. In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
OANDA:XAUUSDShort
by Trader_Antonio
1
XAUUSDthe possible path is drawn on the chart. i suspect the price to go a little down following last hours of Friday's around 1920 then more uptrend to 1930+ . after that a pullback onto 1915 area and again continuing to raise around and above 1930 resistance zone. (now the actual path is definitely more complicated than the depicted and each zone could have more reactions.) keep it in mind that this is just a possible analysis and might go wrong so the invalidity level for me is 1909 and through a strong bearish candle the price can go lower around 1897
FXOPEN:XAUUSDLong
by faario
1
XAUUSD: 20/9 Today’s Trading StrategyIn today's Asian trading on Wednesday, gold suddenly fell sharply in the short term, and the price of gold once fell below 1930. Yesterday, the U.S. dollar index showed a V-shaped trend. It fell to an intraday low of 104.81 before the U.S. market, and then strongly recovered all losses, finally closing up 0.06% at 105.13. Gold prices retreated from fresh two-week highs ahead of the Federal Reserve's interest rate decision, with the outlook currently remaining neutral. The Federal Reserve will present new economic forecasts at the same time as it announces its monetary policy decision. Yesterday, spot gold fluctuated within a narrow range above the $1,930 mark. It once rose to an intraday high of 1,937.43, then gave up all gains and turned lower, finally closing down 0.13% at 1,931.31. Gold rose slightly after the opening yesterday, but its performance was weak during the European and American trading hours. The top-bottom transition we mentioned earlier was around 1930 and was temporarily broken through. However, the bulls did not forcefully continue before this action was completely completed. The rise began to show lack of momentum near 1935. On the 4-hour trend, the continuous high fluctuations caused the short-term moving average to gradually diverge downwards. The K-line began to slowly come under pressure on the short-term moving average, and the short-term trend showed signs of weakening. Although the current price is still running near the previous support band around 1930, the rebound is not too strong and the short-term trend is weak. So today’s gold operation idea, Jiesse recommends going short on the rebound and then consider going long on the low! ​Gold operating strategy: SELL:1935-1937 SL:1942 TP1:1930 TP2:1925
OANDA:XAUUSDShort
by ActuaryJ
Major Ethereum Holder Shifts $20 Million to Binance Amidst SpikeA notable Ethereum whale address moved 8,000 ETH ($13.24 million) to Binance, following previous transfers of 4,000 ETH, totaling $20 million in 20 days. The address initially received 64,000 ETH worth $106 million, raising speculation about its connection to czsamsunsb.eth. Additionally, a surge in Ethereum call options trading on Deribit was reported, with contracts valued at $150 million. This heightened activity suggests significant interest from large traders (whales) in Ethereum price movements.
FOREXCOM:XAUUSD
by Hinata_Sumi
56
GOLD Price Hovers Around $1,930 Amid Fed's Hawkish Stance and...Gold Price Hovers Around $1,930 Amid Fed's Hawkish Stance and Rising US Yields Gold price remains steady around the $1,930 mark as investors shift their attention to upcoming US economic data following the Federal Reserve's recent policy decision. However, the Fed's hawkish stance on interest rates and rising US bond yields are putting pressure on the precious metal's prices. Here's a breakdown of the key factors influencing the gold market: 1. Fed's Hawkish Stance: The Federal Reserve, as expected, decided to maintain the current benchmark policy rates at 5.5% during its recent meeting. This decision, combined with the Fed's projection of slightly higher inflation, has led to expectations of an additional rate hike in 2023. Notably, the Fed revised its projected interest rates for 2024 upward, from 4.6% to 5.1%. This stance has bolstered the US Dollar (USD). 2. USD Index at Six-Month High: The US Dollar Index (DXY), which measures the USD's performance against major currencies, has reached a six-month high around 105.50. The USD's strength is partly attributed to the Fed's hawkish stance. 3. Rising US Treasury Yields: Higher yields on US Treasury bonds are contributing to the USD's strength while simultaneously weakening the appeal of non-yield-bearing assets like gold. The yield on the 10-year US Treasury note has surged to 4.43%, reaching levels not seen since 2007. 4. Fed's Commitment to Inflation Target: In a post-rate decision press conference, Federal Reserve Chair Jerome Powell reiterated the Fed's commitment to achieving its long-term inflation target of 2%. Powell also suggested that the central bank may be nearing the peak of its interest rate hike cycle, but emphasized that future policy decisions would be data-driven. Upcoming US Data Releases: Investors are closely monitoring forthcoming US data releases scheduled for Thursday. These include the weekly Initial Jobless Claims, the Philadelphia Fed Manufacturing Survey, and the change in Existing Home Sales. These reports will provide insights into the US labor market, manufacturing sector, and real estate market, all of which play significant roles in shaping economic sentiment. In summary, gold's price stability around $1,930 is influenced by a combination of factors, including the Fed's hawkish stance on interest rates, the strength of the US Dollar, and rising Treasury yields. The outcome of the upcoming US data releases will be closely watched for further market direction as investors assess the health of key sectors within the US economy. Our preference Short positions below 1950.00 with targets at 1912.50 & 1905.00 in extension.
OANDA:XAUUSDShort
by FOREXN1
12