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Goldtradeidea

Go ahead and try shorting gold!Bros, due to the renewed tension in the geopolitical situation and the surge in risk aversion in the market, gold has risen sharply in the short term, and the current highest has reached around 2618. However, the continuity of the gold market, which has risen due to news stimulation, remains to be seen! And from the chart, although gold has risen strongly, it still faces resistance in the 2720-2725 area in the short term. This is the last line of defense in the bear market, so it is not easy for gold to continue to break through. If gold fails to successfully cross this resistance area, then after consuming the bullish momentum to a certain extent, gold may retreat again and retest the 2700-2695 area. So in terms of short-term trading, I will still not give up shorting gold. I will still try to add positions to continue shorting gold based on the 2720-2725 resistance area! Do you think gold will pull back? 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
Try to short gold with 2660-2670 area as resistanceGuys, I'm a professional trader! So I don't like to exaggerate my trading ideas too much. I like to record my trading strategies in a simple way and keep steady profits! Today, when gold tried to fall below 2420, I believe many people are expecting gold to continue to fall and fill the gap below, at least many people expect gold to fall to the 2610-2600 area. When gold failed to effectively fall below 2620 three times, I chose to buy gold and ended our transaction by hitting TP: 2645, which was a very good profit! At present, gold has touched around 2650. Obviously, I will not continue to buy gold here. Instead, I will look for opportunities to short gold! So where will gold rise? I think there will not be much room for growth in the short term, and it will face resistance in the 2660-2670 area in the short term. So I will try to short gold with resistance in this area. So trading strategy: short gold at 2655-2665, TP: 2645-2635
OANDA:XAUUSDShort
by Trader_Marvin
Expect gold to fall below 2600Gold is currently in a swing state and is still relatively weak, but even so, I did not choose to chase gold short at this time. Because in the short-term structure, gold has obviously built a double bottom structure in the 2605-2600 area, which is conducive to the rebound and repair of gold to a certain extent. Gold fell from the high of 2684 to around 2605, and the areas around 2635 and 2645 are exactly 38.2% and 50% of this round of decline. Then gold may rebound again in the short-term structure and touch the 2630-2640 area, which is why I am not in a hurry to short gold in the past two days. Today, CPI and initial jobless claims data will be released. Gold may rise first and then fall back under the influence of the data. So in terms of short-term trading, if you see gold rebound and touch the 2630-2640 area, you can boldly start shorting gold!
OANDA:XAUUSDShort
by alongwineer
Continue to short gold after the reboundBros, this week should be magical. Gold has touched my expectations one by one during the decline. I said that gold would at least retest the 2615-2610 area, and it is even possible to touch the area near 2600. Gold fell to around 2604 yesterday, which is exactly in line with my expectations. Gold seems to have stopped falling and once rebounded above 2620, but in fact, I am not optimistic about the sustainability of gold's rebound here, and I think gold is a bit tempting to go long now. Once gold starts to kill bulls, I fully believe that 2600 is not the end point. Gold still has room to continue to fall, at least retesting the 2590-2580 area, and even looking at the area near 2550. So in terms of short-term trading, you can boldly short gold with the short-term resistance in the 2630-2640 area! Therefore, in terms of short-term trading, you can boldly short gold by relying on the short-term resistance of the 2630-2640 area! Bros, let us look forward to the next profits!
OANDA:XAUUSDShort
by alongwineer
Short gold above 2650Brothers, although gold has not seen a decent decline under the influence of geopolitical conflicts, the sustainability of gold's rise has gradually deteriorated, and the rebound high has gradually moved down. Gold has shown an obvious peaking signal. At present, gold is facing resistance in the 2655-2660 area in the short term; and it has repeatedly tested and broken through the support near 2640, and once fell below the 2630 position. I think gold still has room to continue to fall, at least it will retest the 2615-2610 area, or even the area near 2600. So I am still optimistic about the decline of gold, and in terms of short-term trading, I advocate shorting gold in batches above 2650.
OANDA:XAUUSDShort
by alongwineer
Stick to shorting gold!Today we have made good profits in both long and short gold transactions. First, we shorted gold near 2498, and gold perfectly hit TP: 2488 during the decline; then we longed gold near 2492 and manually closed the order above 2496. A total profit of 140pips was made in both long and short gold transactions, which is a very good trading result! Today, gold fell back to around 2485 again, and then rebounded. The downward momentum did not continue, and there were signs of building a double bottom structure in the short term, proving that the 2485-2480 area still has some support for gold in the short term; however, from the perspective of the gold rebound structure, the gold rebound potential is weak, and as gold falls, the resistance area also goes down. The current short-term resistance of gold is in the 2505-2510 area. If gold cannot recover this area, gold will most likely continue to test the support near 2470. So in terms of trading, the relatively safe way is to short gold at high levels. In short-term trading, we can boldly short gold with the 2505-2510 area as resistance. I believe there will be a good profit! 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
Start to short goldBrothers, today is Monday, and gold continues to rise to around 2455. In fact, according to the current gold structure, gold is indeed in a bullish structure, but the gold price is still in a slow rise rhythm in the overall rise process, and it is not very firm. So at this time, there is no need for us to continue chasing gold. To be honest, this round of gold rebound is indeed a little beyond my expectations, but according to the current rhythm, we can basically see its top position area, and it should only rebound to the 2470-2475 area at most, and it may not even reach this area. Therefore, when gold shows a rising and short-squeezing trend, short-term pressure may fall at any time. So in terms of trading, we don’t need to follow the trend to go long on gold for the time being. On the contrary, we should now focus on shorting gold. Walk ahead of most people and make more 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
1
Made a profit of 170 pips, continue to short gold!Under the influence of the weekend news, gold once rushed above 2400, but then quickly fell back. Just now, gold fell back to below 2370 again. Obviously, we shorted gold near 2391 and perfectly hit TP: 2374. We made considerable profits in the gold short position. Although gold has rebounded again after touching 2370, the rebound strength is still lacking. From the chart, 2410 is the last line of defense for gold at present, not only because 2410 is the suppression position of the daily moving average. Moreover, 2410 is where gold has always broken in the previous candle charts. You can see that gold has rushed above 2410 many times before, but in the end the daily closing line always closed below 2410. It can be seen that gold has rushed above 2410 many times before, but the final daily line closed below 2410. This is enough to prove the strong suppression position here at 2410. Therefore, as long as the daily line does not close above 2410, then gold is undoubtedly a strategy to keep shorting. From the 4-hour chart, we can see that gold is currently in a head and shoulders pattern, with the shoulder position changing from the previous 2420-2430 to the current 2390-2400. As long as the current shoulder position is confirmed, there is no doubt that it will also usher in a sharp drop as before. The 2350 position may not be the low point, and the final target position of this wave will most likely reach the 2340-2330 area. Therefore, we can focus on finding opportunities to short gold at present, with the first target below looking at 2350, and the second is the 2340-2330 area. 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
Go long on gold! Target 2420-2430Yesterday, gold fell to around 2384, and then began to fluctuate and rebound. It has now touched around 2412 and then fell again, and is now hovering around 2400. From a technical point of view, gold has formed a bottom pattern in the process of fluctuating and rebounding. Yesterday's low was 2384, and today's low was 2388. The lows are rising step by step, and it is trying to further break through yesterday's high of 2412. From the hourly chart, gold is very likely to follow a five-wave rising structure. The 2405-2400 area has become the top of the previous wave and is currently in a four-wave correction. As long as the current correction does not fall below the 2400-2395 area, there is no doubt that the next step is to break through the high of 2412. At present, the upper pressure is in the 2420-2430 area, so there is a high probability that it will try to touch above 2420 today. So in terms of trading, I will still give priority to long gold! 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:XAUUSDLong
by alongwineer
2320! Go long gold!Although gold has formed a head and shoulders top pattern at the short-term level, the momentum has turned to neutral, and gold has failed to effectively fall below the 2320-2318 area many times during the decline. Instead, it has formed a head and shoulders bottom pattern at the hourly level, and the shoulder support is exactly in the 2320-2318 area. So gold can still use this as support to continue to rebound. In addition, gold has never fallen below 2318 during the decline, so I think the decline of gold is just compression. The deeper the compression, the more violent the rebound may be. It may even continue to rebound to 2340 or even 2350. So when gold falls back to the 2320 area in the short term, I will not continue to chase short gold. On the contrary, I will start to go long on gold! 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:XAUUSDLong
by alongwineer
2
In this round, I choose to short gold!Gold rose to around 2340 last Friday and then fell back, which is exactly the 61.8% golden section of 2368-2293, so there is still relatively strong resistance above gold. At present, gold has rebounded to above 2330 again. Although it has destroyed the short-term downward momentum, the continuity is not strong and the rebound is not strong enough, exacerbating the gold shock. In addition, it can be seen from the short-term structure that there are obvious signs of a head and shoulders top structure in the short-term structure, and the shoulder position is near 2331. Of course, even if gold rebounds strongly, the rebound high point last Friday limits the rebound space, so the upper space is obviously not large. Therefore, in short-term trading, I still tend to short gold at a high level! First pay attention to the resistance of 2335-2340 above, and first pay attention to the support of 2320-2315 below! 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
Don’t chase the rise in gold, continue to short gold!To be honest, the rise in gold today far exceeded my expectations. Gold hit a high of around 2331, and strongly broke through the short-term resistance of 2315 and 2325. In particular, the release of the initial jobless claims data was bearish for gold, but it was unexpected that gold rose instead of falling. Although gold rebounded strongly in the short term, I don't think the trend has reversed. First of all, after gold fell below the 2300 mark yesterday, it rebounded directly to around 2331 today. The time was too hasty and the time window was unreasonable! In addition, the continuous rise in gold in the short term is actually at a high level, because the current gold price is still suppressed by the 2335 platform above, and the sharp rise must have a retracement trend to confirm support! In addition, in my opinion, today's gold bulls' raid is just the last struggle of the bulls. It is also sweeping the short orders. When the short orders are swept clean, it will fall again! ! ! So in terms of trading, what we have to do now is not to chase the rise of gold, but to insist on shorting gold! 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 has plummeted, how to trade gold next?After reaching a high on Friday, it fell sharply, giving up all the gains this week. The daily candlestick chart closed with a big negative line, and the weekly line turned down. On Friday, I made the following tips in my private channel: Today is Friday, and it is not ruled out that the main market players took the opportunity to sell, under which circumstances, the gold price was suppressed. In addition, it is currently facing resistance in the 2365-2370 area in the short term. So what we have to do today is to stop chasing the gold price and avoid the risk of chasing more. In terms of trading, we can try to short gold. Obviously, we won a big victory in Friday's trading! We shorted gold with the 2365-2370 area as resistance. Obviously, gold successfully hit the target price in a sharp decline. Personally, I made more than $50,000 in gold trading this week, and maintained a 100% winning rate in trading. Very good results! Gold rebounded after hitting a low of 2317 on Friday. Obviously, the 2315-2310 area still has some support for gold. Therefore, we should not aggressively short gold in trading before gold falls below this area. If gold falls back first at the beginning of the week, we might as well try to go long on gold with the 2315-2310 area as support; the upper short-term resistance area is 2325-2330, and the second key resistance area is 2340-23456. If gold rebounds first and approaches any resistance area, we can choose to short gold! 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 is difficult to break through, continue to short goldToday, gold continued to rise in the short term, reaching a high of around 2335. In the short term, it touched the key suppression area I pointed out. With the bottoming out and rebounding yesterday, the intraday trend was relatively intact, and the short term seemed to have been supported. However, although gold continued to rise in the short term, it has not really strengthened. The overall trend is still in a volatile trend, and there is no obvious sign of a breakthrough. In addition, gold failed to break through the resistance of the 2335-2340 area, and the bulls have not reached the level of upward rush. Therefore, the possibility of falling back after the intraday high is greater. Moreover, the U.S. market is closed early today, and it is difficult to continue to break through and rise in the short term. Obviously, it is not suitable to continue chasing gold now, so we might as well rely on the short-term 2335-2340 area resistance to short gold again! 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
Go long first, then short goldGold continued to fall today, but it is still in the range of shock market. According to the current strength of the decline, the room for gold to fall should be limited. After gold fell to the low point of 2310-2305 area, it is obvious that the willingness to buy is gradually increasing! And gold gradually began to show signs of counterattack in the short term. However, with the current market momentum, it will take time for gold to rise. So in terms of trading, we can first consider short-term long gold. After all, shorting gold now does not have much profit space in the gold fluctuation range. Therefore, we can now boldly go long gold in the 2310-2305 area and patiently wait for gold to rise! Of course, market trading must be forward-looking, not just focusing on the market that has already come out! 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:XAUUSDLong
by alongwineer
1
Continue to short gold after the reboundToday, gold still maintains the overall shock structure. In the short term, gold is in a weak rebound stage, but the rebound strength is relatively poor. Gold touched 2314 overnight and then fell again, and once fell below 2300 during the decline. From this point of view, the strength and space of gold's rise in the short term are limited, so in the past two days of trading, I have tried my best to avoid chasing gold. On the other hand, although gold has not made any actual breakthroughs in the short-term decline, and there are signs of a rebound in the short term, it seems to give bulls hope, but I think this hope is likely to turn into disappointment. First, it is difficult for gold to surpass 2320 in the short term, and second, gold will still fall below 2300 during the decline. From the above two points, it seems that gold bulls are not very firm and may fall again and continue at any time. Therefore, in today's trading, I will still insist on shorting gold after it rebounds. First, pay attention to the short-term 2310-2315 resistance area on the upside; during the period of gold's volatility, first pay attention to the support of the 2295-2290 area below. 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’s rebound is a good opportunity to go shortAfter overnight short orders hit TP: 2343 this morning, gold has been fluctuating within the 2340-2345 area. Judging from the current gold trend, the downward trend of gold has slowed down, and it has rebounded again in the short term and exceeded the 2340-2345 area. But the weak situation has not changed.There are two voices in the current market. One is that gold has stopped falling and stabilized in the short term, and may continue to rebound, and may even hit 2400 again. The other voice is that gold’s rebound is weak and there is still room for decline.It may continue to fall to around 2300 after consolidation. In fact, relatively speaking, I think gold cannot be characterized as a market reversal for the time being, but only a short-term rebound after the market crash. As evidenced by the fact that gold fell again after touching around 2357 today.Judging from the current trend, gold currently tends to fluctuate, but as far as the restorative market is concerned, the repair intensity is still lacking, so it is still not ruled out that gold will continue to fall after the shock;In addition, from the perspective of the U.S. dollar index, the U.S. dollar index has fallen significantly, while the short-term rebound of gold is far less than the decline of the U.S. dollar index, so the overall gold appears to be weaker. And as gold falls back to the 2340 area again, the upper pressure is stronger, so I expect gold’s short-term rebound to be limited. So in terms of trading, I still tend to short gold after gold rebounds. The first thing to focus on is the 2360-2370 resistance area, especially the 2365 position area, which is a strong defensive area for short sellers. Below, we are still focusing on the 2335-2330 support area for the time being. This area is the starting point of the two rebounds and has a strong short-term support effect. However, any time this area is broken, it will be conducive to the outbreak of shorts!
OANDA:XAUUSDShort
by alongwineer
1