Get started

Goldtradingidea

THE KOG REPORTKOG REPORT: In last week’s KOG Report we said we said the correction in gold was likely going to be profit taking and we were not ready to suggest it’s bearish as yet. We suggested that resistance may hold during the early part of the week and if it did, we felt the opportunity to short the market back down into 2330-35 and below that 2310-2295 would be available. We said these are the levels we wanted to see the RIPs, and would represent opportunities to long the market back up in to the levels we had given, and for us into Excalibur targets sitting higher. As you can see, apart from the extension of the move into 2310, we got our move again upside giving us another phenomenal week on Gold in Camelot. Towards the end of the week, we gave traders the higher levels in which to look for the short trades, and again, perfect level to level trading implemented giving us the move down, then in Camelot, 2375 held for us to take it up again closing of the week. Great work by the team not only on Gold, but the numerous other pairs we trade. So, what can we expect in the week ahead? We wanted to see if they could close this above the 2400 level which failed on Friday, so even though we’ve been saying it for a couple of weeks, we’re going to play caution again on long trades unless we get a really significant pullback on Gold. We have the resistance level 2395-2404 which is holding the price down at the moment with support 2375 giving us the bias bullish above. However, for this week, we’re expecting them to attempt to break that high at some point and rather than taking long trades into the higher levels, we’ll be looking to capture another decent short trade from higher up. So, on open if we see support hold, traders could be presented with the opportunity to level to level long up into the 2404, 2410 and above that 2414-20 regions. We would suggest it is level to level with trades protected as soon as is viable and partials taken along the way. It may also be an idea to leave small runners with an open TP into the extension level 2340-55 which we’re identifying this week as an order region. It’s these levels where we’ll be looking for RIPs based on the set up if it is presented to short the market back down, with the view that we have potential to break below the 2375 price point. Please note, breaking and holding above 2404-6 is needed for us to target those higher levels. On the flip, although structure looks like we’re going higher, this range is confusing traders, not only getting them stuck mid-way but also whipsawing them into cutting and taking their stops. There is a small indication of a move down, but it’s not as significant as we would like at the moment, so we will say, if they do push this down, 2370-75 is the key support level which will need to break for us to go lower. KOG’s bias for the week: Bullish above 2370-5 with targets above 2404 and above that 2414 Bearish on break of 2370 with targets below 2355 and below that 2342 It's a simple on this week, caution is needed on the markets, so many traders are treating this like we’re in normal everyday market conditions as they haven’t experienced anything else. These are extreme market conditions, your lot sizes and your money management are imperative to maintaining your account and helping it to grow. There are numerous posts on trading the range, how to use levels, as well as a trading strategy that we’ve posted previously, please use these to help guide you through these markets. We’ll update the report throughout the week as well as share KOG’s daily bias and levels, please keep a look out for them, they have proven to be extremely successful in guiding traders and keeping them in the right direction. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
6
THE KOG REPORT (Another aggressive week on the horizon)THE KOG REPORT: In last week’s KOG Report, we said we would be sticking with the plan and gave the extreme level of 2193-5 which is where we expected there to be a RIP, and if held we would be looking to short the market back down into the 2150-55 levels and below that 2147. It was at these levels that we said we would be expecting another RIP with extension into 2135-40 and we would then be looking to trade this back up level to level. During the course of the week, we updated our plans and decided to we’d go with the flip and on the break of 2175, we would continue with the long trades with the bias level 2204, 2210 and the target level 2224 on the available. As you can see, we completed the targets above on the flip closing price above the target. As phenomenal week in Camelot, not only on Gold, but the numerous other pairs we trade. So, what can we expect in the week ahead? We ended the week last week with an update highlighting the potential regions we would be looking for the price to target on opening. So, for the early part of the week we will stick with the same levels and clearly state, we’re not looking to long the market unless we get a decent pullback! Price may want to stretch, so those that are short without stops (yes, there are traders who trade like this) please keep the higher levels of resistance in mind and know that without historical data up here, we will need to give or take pips either side of levels! We have the higher resistance zone of 2250-55 and the lower support level of 2225-20 which could be the play for some part of the week as the market takes a rest after the aggressive move upside we’ve witnessed. A complete reversal here may not be on the cards with a stretch into 2255 very likely in our opinion. It’s at these levels, if targeted, that we may look to test the short trades back down into the 2230 and below that 2220 regions with extension of the move back to test the breakout 2205-2197. Bears need to see a clean reversal forming here with a longer timeframe swing with a break below the 2195 level, otherwise, levels above on bounces from support continue all the way up towards the 2286 region which in our opinion is a vali target level. In summary: Higher resistance level hit first, clean reversal we’ll look to short back down into 2230 and below that 2220. It’s the lower regions of support we’ll then look at taking the long trades again unless we break below 2195! Price comes down into support levels, holds above 2220-5 we could see the range form between support there and 2250-55 resistance pre-event! Don’t forget, we have NFP in the week ahead as well as other news that will drive the markets aggressively. Less experienced and new traders, these aren’t the conditions you should be trading in, rather waiting for the price to do what it needs to and then looking for the right setups. KOG’s Bias of the week: Bullish above 2220-5 with targets above 2250 and above that 2286 Bearish on break of 2220-5 with targets below 2195 Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
4
GOLD H1 / Potential Short Trade / Valid Entry in Supply Area❗️💲Hello Traders! This is my idea related to Gold. My previous forecast hit the target of 5R, now I expect a retracement, to the FVG and I will look for a confirmation in the supply area. The structure is still bearish, and my bias is for short entries. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
TVC:GOLDShort
by GoodTradeST
GOLD M30 / LONG TRADE EXECUTION ALERT ❗️💲Hello Traders! This is my idea related to Gold M30. I expect a bullish move to close the FVG. The bearish sentiment on the market is still bearish, and I consider this indicator a good chance to look for long entries. My target is under the OB level. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
TVC:GOLDLong
by GoodTradeST
XAUUSD: 30/8 Today’s Trading Strategy​At the beginning of the Asian market on Wednesday, gold held a nearly three-week high and is currently around 1936. The main U.S. employment data in July began to approach pre-epidemic levels, a sign of a cooling labor market. The dollar and U.S. bond yields fell sharply on Tuesday, with the 10-year U.S. bond yield hitting a near two-week low, helping gold soar more than $15 , conquered the key position near the 55-day moving average of 1931.5, and spot gold closed at 1937.17 on Wednesday. The gold 1915-1918 given by Jiesse yesterday emphasized the idea of ​​gold bulls. I believe that the friends who followed have perfectly won the stop profit. Yesterday's bulls rose and closed at a high level. The daily line included a big positive line, which broke through the previous highs at the highest point, but did not break through the previous lows. There was a bullish situation. After the shock, it broke through again, indicating the continuation of the bulls. From the perspective of the four-hour level, before this wave of rising gold was a wave of continuous falling waves, so the rising wave at this stage is an adjustment of the previous wave, or a new round of rising waves. Let’s start now Mainly do more at low positions. It is estimated that the watershed between long and short in the current trend will be at 1926, and you can continue to do long if the retracement does not break below. Jiesse's conclusion: Gold's breakthrough again does not mean that it will continue to skyrocket. Today’s operation considers retracing and doing long mainly, and then shorting at high positions. Focus on the resistance of 1942-1947 at the top, support at 1918-1925 at the bottom, and focus on 1915 after an unexpected break. If the high point does not break through 1940 for many times, you can consider shorting. ​​​​Gold operation strategy: SELL:1943-1947 TP1:1937 TP2:1933 1922-1926 TP1:1929 TP2:1932
OANDA:XAUUSD
by ActuaryJ
Gold: Step back in place, and the current price of 1923 will go Gold stepped back on the support again, the current price is directly higher than 1924, continue to be bullish! The US market will continue to rebound! The gold down structure is complete! Now we are going to oscillate to build a bottom, and the first-line support at 1923 below is obvious! After rebounding above 1930, there will be a callback, and the fall will continue to increase. Next, it will be bullish around 1945! Enter more, the US market will continue to be more bullish, and then start a rebound structure, and it will be a level of rising band! Falling back now is an opportunity to do more! Gold is more than 1923, stop loss is 1917, and stop profit is 1940.
FX:XAUUSDLong
by Dylan-Jones
XAUUSD: 31/7 Gold Trading StrategyGold analysis: trading strategy has won nine trading days in a row, and today I will bring you a new trading strategy After the Fed raised interest rates, gold returned to the 1980 mark. 1985 was the top of the previous 1940-1985 shock range, or the 50% position of the 2078-1983 Fibonacci retracement. It is expected that the Air Force will launch a counterattack here. In the end, the shorts won, and gold still rushed up and fell back to around 1940. At present, gold shows an M-top shape above 1980, and it also successfully fell below the neckline position of the 1950 mark. However, the rebound repair hit 1964 and was blocked. If this position is regarded as an irregular head and shoulders top, left and right shoulders, it can be said that it has passed, and it was hovering in the 1950-1964 range in the early stage. , Now it is blocked and fell back below 1960. From my personal point of view, it is definitely obvious that gold has peaked in the short term. Both the M-top shape and the head-and-shoulders top shape are bearish. Today's monthly line is closed, and the current monthly line is falling at a high level. If it can fall below the 1950 watershed today, then the decline will be more clear to continue. Today's gold operation strategy: SELL: 1962-1965 TP1:1957 TP2:1952 BUY:1947-1950 TP1:1955 TP2:1960 Pay attention to follow-up real-time trading signals and bring you profits
OANDA:XAUUSD
by ActuaryJ
Gold Jul 21 Rises To New Heights.Expectations of a pause have negatively impacted the dollar in recent weeks, while benefiting metals markets, especially gold, as the interest rate outlook weakens. Rising interest rates push up the opportunity cost of holding non-yielding assets, reducing the attractiveness of gold as an investment vehicle. But a more stable exchange rate could spur more inflows into the yellow metal. BUY GOLD zone 1955 - 1957 Stop Loss : My taget is: 1965-1975 Note: Installing TP SL fully wins the market and is safe in trading
OANDA:XAUUSDLong
by DNA_TradingFX
2
Gold has ushered in a big opportunity, the target is 1920 This is a 4h chart. We can see that gold has reached 2070 twice in the past period of time, but both fell back quickly. For the first time, it fell to around 1620, where it started an upward trend after a period of shocks. Until recently, it came to 2070 again. After a new high, the shock fell back, and it is now near 2020. From 1620 to 2070, most of the reason for this is inflation. Although inflation still exists, compared to the past period of time, the economy has begun to recover slowly, and the intensity of interest rate hikes has also slowed down. I believe that in the near future, it will return to normal again, and the DXY will also be 105-109 again . From the perspective of technical form, the increase of nearly $500, although it has some callbacks in the process of rising, it has not completed a very good backtest in the range of 1810-1910. In the current daily and weekly patterns, the strength of the bulls has begun to decline. I think this is a precursor to the counterattack of the bears. They are only waiting for a suitable opportunity. The turning point may be when the NFP is announced next month. This is a bold speculation, but it is not unfounded. In the next transaction, I will try my best to short at the high point, and the target is around 1920! If you have enough funds to trade gold, or you have prepared enough funds to trade gold, I think, maybe you can try to seize this big opportunity like me! ! ! Share this point of view with my friends, I hope you can make more money and realize your dreams!
FOREXCOM:XAUUSDShort
by EagleEyeStrategy
10
XAUUSD: 17/7 Trading StrategyToday's gold analysis: Friday's multi-single strategy, after gold fell to the 1950 position, gave an opportunity to enter the market. Finally, take profit and leave the market at the 1959 position. Today we need to pay attention to the support position of the 1940 position, while the above needs to pay attention to the breakout of the 1963 position. This wave of rebound and correction last week failed to close at a high level, and returned to the shock below 1960. There was a slight signal of stopping the decline, the upward trend could not be continued, and the short-term turned short again, which was also a correction due to the previous rapid rise. Last Friday, DXY also showed signs of stopping the decline, but the rebound was very small. The main idea for gold this week is to return to the previous sell high and buy low. ​Back to the topic, since gold rose to the upper high of 1963 and the low of 1950 on Wednesday, it has been tested back and forth many times, but in the end all failed, and it has never been able to break through. This week is mostly about waiting for a breakthrough to go in a new direction. Today's strategy: BUY: 1945-1940 TP1: 1950 TP2: 1955 SELL: 1960-1965 TP1: 1955 TP2: 1950
OANDA:XAUUSDShort
by ActuaryJ
1
Gold buyers could see $1900 as a bargainGold futures have fallen nearly 9% since the May high, but there are signs that it is trying to form a base around $1900.Whilst the psychological round number has helped to play a part, it also coincides with a volume cluster in the rally at the beginning of March. We therefore see the potential for a minor bounce at a minimum from current levels whilst prices hold above $1900. Large speculators remain net-long, although their exposure has been trimmed as prices have fallen. Yet we're not seeing a material pickup in gross-short exposure to indicate a much more bearish outlook from speculators. Furthermore, softer US inflation data on Friday weighed on the US dollar and helped to support gold - and gold could rise further if we see any weakness in data this week (ISM manufacturing data is out today, challenger jobs and ADP employment on Thursday and of course Nonfarm payroll on Friday). The highs around $1948 are the initial target for bulls to consider, with the potential for a move towards $2000 if we're treated with a host of weak US data to prompt further calls for the Fed's terminal rate. A break below $1900 invalidates the near-term bullish bias.
COMEX:GC1!Long
by CityIndex
Gold trading recommendations today The decline in gold remains, 1930 short! The current short-term gold has gained support and rebounded, but has the decline changed? not at all! It can be seen from the hourly chart that even though the market took a strong backlash on Friday, the final rebound did not break through the suppression of the long-term moving average, and it was still a bearish decline! The key pressure now is the long-term moving average suppression position on the hourly chart, which is the 1930 position, and this position will continue to be short directly! Defense is Friday's rebound high of 1938! Next, there will be a lot of trading opportunities for gold, and I will provide you with more signals, don't miss the opportunity to make money!
FOREXCOM:XAUUSDShort
by Kent_Garcia
XAUUSD: Still short today! 1945 focuses onIf gold rebounds first within the day and sees around 45, it can be shorted, and the target below is around 25-15 Gold started to fall in the early days of the U.S. market yesterday, and the price of gold directly returned to the previous low of around 30. This position will continue to test the short-term support effect of the bulls However, from the current point of view, the bears continue to fall, and the decline in this form is the energy accumulated after a long period of sideways trading, so the continuity in the later stage is strong, and the possibility of a second dip can basically be ruled out, while the bottom below The support will continue to be maintained at the 30 line, which is also the low point formed temporarily yesterday, and the decline in the US market yesterday directly opened up the daily line pattern completely, and the short- and medium-term moving averages began to suppress, forming a situation that is beneficial to bears. The upper pressure will also be maintained around the position of the short-term moving average at 45, which can also be used as one of the positions for the near-term top-to-bottom transition
TVC:GOLDShort
by ActuaryJ
XAUUSD: sell high and buy low, look at 1951 in the dayOn the hourly chart, the price of gold may fall below $1,951 in the short term, and is expected to further drop to $1,941, which are the 38.2% Fibonacci retracement and 61.8% Fibonacci retracement of the upward range from $1,925 to $1,968 stalls. The international gold price fell slightly under the pressure of the rebound of the US dollar, and the short-term view is 1941 US dollars. However, due to the fact that the US market is closed, the market transaction is light. Investors continued to assess the future path of interest rates following hawkish comments from Fed policymakers. Matt Simpson, senior market analyst at City Index, said: "Gold has spent most of June between $1,935 and $1,970, and with no obvious catalysts emerging, traders are more willing to trade within the range, not entirely. Hope to break out of the range." Gold prices edged lower last week as traders ramped up bets on a July rate hike after a hawkish Federal Reserve paused after 10 straight rate hikes. Traders are currently pricing in about a 72 percent chance of a rate hike in July, according to the CME's "FedWatch" tool. Christopher Wong, FX Strategist at OCBC Bank, said: "Historically, gold prices have probably outperformed at the end of a Fed tightening cycle. While the opportunity cost of holding gold has risen, we see lower real yields at some stage. It shouldn't be too long, and that could support gold prices." Investors are now waiting for Federal Reserve Chairman Powell's testimony before Congress on Wednesday (June 21) and Thursday (June 22) for further clues about the future path of the Fed's interest rate.
TVC:GOLDShort
by ActuaryJ
CPI forecast with mixed opinionsRecently, central banks have been instrumental in supporting the value of gold. Their interest in purchasing precious metals has reached new heights, playing a major role in stabilizing gold prices. Despite this, the US Federal Reserve continues to hold a significant position in the gold market, and many anticipate an increase in gold prices once the current monetary tightening cycle comes to a close. Gold is currently selling at $196.20, which is the 23.6% Fibonacci retracement level of its most recent daily drop. This indicates a potential downside risk and suggests that the lows of $1932.00 may be tested monthly in May. The daily chart reveals that gold is positioned below the bearish 34 and 89 EMAs, with its slope extending below the aforementioned Fibonacci level.
TVC:GOLDShort
by DNA_TradingFX
12