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GOLD is such a dirty dirty ASSetWhat's up guys Brandon here, good morning.. So I did speak to this exact thing yesterday with my last mind suggesting that sells had expired I was busy and I missed to call out an entry but I want to explain why I think gold did what it did All things considered I did see this coming and if you go on my tradingview profile and tap on "minds" you'd see the trajectory of where my head was at So without further ado - let us begin (WARNING - this may be long lol) SO Firstly - we have (in purple) sellers selling as price drops - I believe sellers would have been doing this because that is what traders who do not understand what the market is really doing would have done. I believe that regardless of what direction the market is actually going there will always be some poor sap trying to sell what he thinks is the highest high. The reason I never recommend this is because obviously there is no way to determine where the highest high is - in my experience price can and WILL always go high (at some point) So we know that sellers would have injected liquidity into these areas with the purple lines This then secondly brings me to the turquoise zone which is where we know buys who see "support" would have been buying We know that that is the case because the very Third thing we then saw was price smashed through that area (highlighted in orange) without even thinking about it By smashing through that level all the buyers who had stops below that level would have been taken out It is around this time I spoke about being more interested in sells (temporarily) don't take my word for it...go to my tradingview profile to confirm what I said I am not like other people who post here and say .."didn't I tell you so", when in fact they didn't and even when they did - they gave no reason as to why they see what they saw I break it down because I want you to build out a picture so that you yourself can understand But I digress After destroying the buyers stop losses, We know that this is a bullish market so the dealer's real target would be the buyers because by buying the market sellers would be taken out automatically should it keep buying The question is how would the dealer destroy the buyers - The traders on the right side of the move? By doing what he did below the turquoise zone... Lastly once he broke back above that turquoise zone (highlighted in pink) you see price stumble there for a little bit as the dealer tried to capture any last minute sellers trying to sell the retest And the dealer absolutely destroys sellers with a +192 pip move upwards (right back to where the first set of sellers sold) - interesting right? NO, it's messed up that that was the dealers plan all along The reality is the way that I trade - instead of trying to identify the pattern - I try to look for the reason for the pattern and that is why my explanations are always so long Most traders don't stop to think about "THE WHY" they only see "the what" Now that the dealer has taken out traders who thought they got the timing right (buyers who were early) the dealer is free to buy without worrying about if he has taken out majority of the liquidity My apologies for the really long explanation but I hope that you took the time to read this If you did, don't be afraid to leave an upvote Let's see what happens today
OANDA:XAUUSDLong
by Brandon_evo4
2
XAUUSD: 21/11 Today’s Trading StrategyDXY has fallen to its lowest level since August in Asia on Tuesday. Gold experienced a downward correction on Monday, falling to $1,965 at one point, but then rebounded. DXY also fell to more than two-month lows on Monday, extending last week's losses. Judging from the one-hour chart, the price of gold has experienced a bottoming process and quickly recovered its lost ground. This is a common correction technique in the bull market, which drives the short-term moving average indicators to turn upward. The overall trend shows a big "V" shape. It started to fall from the 1985 position in the morning, and the US market fell to the 1965 line. Then it started to rebound and rise from the low of 1965, and today the Asian market rushed all the way to the 1990 line. From the four-hour level, gold is in a continuous upward trend, with the Bollinger Bands opening upward. After the first line encountered resistance in 1995, the gold price retreated and a platform resistance appeared at 1985. If gold prices hold at this level again today, gold could turn higher; otherwise, a retracement could occur. Gold rebounded quickly after hitting a deep bottom, further demonstrating that gold has strong support. Today's operation advice is to consider scalping and shorting on rebounds, and mainly going long at low prices. SELL:1995-1997 SL:2001 TP1:1901 TP2:1986 BUY:1984-1986 SL: 1980 TP1:1992 TP2:1998
OANDA:XAUUSDLong
by ActuaryJ
1
🐬 New trend of GOLDEllie wants to send you some small analysis, hope you will like it. Thanks for reading ♥ If we get to the beginning of Europe, PLAN EUROPE, Gold may react at the resistance zone 1,995 - 97, but if we can maintain the zone 1,990 - 92 to 1,987 - 85, the opportunity to Buy still remains with the same targets. Only if during the middle of the European session Gold cannot surpass the 2,000 - 02 range, then we will sell earlier with a target price of 5 - 7. The price is 1,991.30 Please trade carefully, don't turn it into a game but turn it into an investment opportunity ♥♥♥
OANDA:XAUUSDShort
by Ellie-Queen
XAUUSD: Consecutive Profit Signals Last week, we initiated a long-term short position above 1990, and this week, we have started reaping profits. As emphasized today, the upward trend is not yet concluded. For short-term trading, consider going long after identifying a valid support level. After testing support at 1965, the market has resumed its upward trajectory, resulting in another profitable signal for us. Given the recent substantial volatility in gold, accurate trading signals can assist you in securing profits. Don't miss out!
FOREXCOM:XAUUSDLong
by UnknownUnicorn66559481
XAUUSD:20/11 Today’s Trading StrategyDuring the Asian market on Monday, the price of gold was trading around 1980. Last week, the price of gold rose to 1990 during the trading process, reaching a maximum of 1993.47. After that, the price dropped somewhat and stabilized around 1980. Finally, gold prices closed down 0.02% at 1980.89, its best performance in the past four weeks. According to technical analysis, the daily line has been oscillating in the small range of 1955~2000 for 3 days. After breaking a new high of 1987 on Friday, it began to step back and closed with a cross negative line. The daily highs continued to refresh, from This shows that the rising channel is intact. Although there is no unilateral rise, the overall high point moves upward, and the low point continues to move upward from 1950, 1975, and 1987. The longer the platform is consolidated in the rising market, the longer the rise will last. . The greater the rise The operation recommendation is still to buy at low prices. SL is set at 1970, which is below the early support. Go long on dips.
OANDA:XAUUSDLong
by ActuaryJ
XAUUSD: 100% Profit Opportunity Gold has once again surged past 1970, with CPI data directly altering its trend. However, I believe a downturn is inevitable in the range of 1975-1980 today. Shorting remains the safest trading strategy, and it can be held for the long term. I will be sharing the latest trading strategies with you for free every day, along with sending out trading signals. Currently, the accuracy rate is at 95%. I will also share screenshots of my trades to assist you in easily making profits. Make sure not to miss out on this opportunity.
FOREXCOM:XAUUSDShort
by UnknownUnicorn66559481
XAUUSD: 17/11 today’s trading strategyIn early trading in the Asian market on Friday, gold prices fluctuated around 1985. Data on Thursday showed weakness in the labor market, which, coupled with recent inflation data, further strengthened the view that the Federal Reserve is unlikely to raise interest rates further. These unfavorable data for the U.S. economy exacerbated the decline in U.S. Treasuries, causing gold prices to rise. Gold is in a bullish trend. The technical aspect is that the low on the left side of the symmetrical form and the 4-hour MA10 are both supported at 1972-69. This seems to be the most reasonable technical level to take the long position. However, today Friday, if the gold price wants to rise above 2000 again, it is bound to It will not give too much room for retracement. The low of 1980 last night went sideways and has not actually broken down yet. There is a high probability that it will rise directly from 1982 to 1996-2002 - or even break the previous high today. So now we are long in the 1981~1984 range If it unexpectedly falls back to 1970, then continue to go long near 1970
OANDA:XAUUSDLong
by ActuaryJ
MONSTER Trade on GOLD, If Only I held right? It appears the dealer is still very much interested in those buys we spoke about earlier this week The move yesterday has confirmed what I thought - although admittedly, I definitely didn't expect such an aggressive drop yesterday. That being said - I didn't get to capture todays buy move but I feel glad to know that I was overall on the right side of the move and didn't fall for the induction Had I held my buy position and not trailed I'd still be in my trade - Trade would be up about 1:10 but coulda, shoulda, woulda...didn't right? On to the next Stop trying to trade against the momentum people - obviously different styles will allow for different things but if you are more inclined to trade longer term or hold trades for longer - try to not trade against the momentum
OANDA:XAUUSDLong
by Brandon_evo4
XAUUSD: 16/11 today’s trading strategyIn early trading in the Asian market on Thursday, the price of gold has maintained a volatile upward trend since the opening of today. Currently fluctuating around 1967. Gold prices encountered selling pressure yesterday as U.S. retail sales data for October showed a slower-than-expected decline. Spot gold began to correct after hitting a one-week high of 1974.73. The main reason for its failure to remain above 1970 was the correction of the U.S. dollar and the rebound in U.S. Treasury yields. Yesterday, after the gold market opened at 1962.6 in early trading, the market first rose, with the daily highest touching a position near 1974. However, due to the influence of fundamental pressure and the daily technical Bollinger standard pressure during the U.S. market, the daily line finally closed at 1959.2, forming an inverted hammer shape with a very long upper shadow line. After the closing of this form, there is a certain technical pressure for the market to fall back today. Gold fell after rising to 1974 on the 4-hour chart, and is now temporarily under pressure from the upper track. From the perspective of technical indicators, the stochastic indicators MA5 and MA10 on the 4-hour chart have golden crosses upward, and the MACD double lines continue to create red kinetic energy columns upward. Based on the trend inertia of these indicators, it is expected that today will be dominated by adjustments. Based on the trend of the K-line itself, the current trend of gold is a correction under pressure, and it may also need to step back to accumulate strength. The kinetic energy of MACD is gradually declining. We judge based on the directionality of the indicator that there is an opportunity to open short under pressure. Short-term pressure focuses on the 1970 mark, and the price is expected to fluctuate downward during the day. It is recommended that the short-term operation of gold today is mainly short-selling on the rebound. Sold in the 1970-1973 range, Buy in the 1958-1961 range. ​
OANDA:XAUUSDShort
by ActuaryJ
GOLD Absolutely DESTROYS Sellers - As PredictedHey guys what's up Brandon here, ekatatrading. So I am here to discuss what really happened today through my own views. Now the first thing we must establish is that gold overall is a bull market..do we agree with this? Yes? ok good.. That being said - if that is the case, ultimately buys SHOULD make sense when the opportunity presents itself right? I see most traders all the time ignoring the momentum in hopes of catching the absolutely highest high for a sell or the lowest low for a buy - THE PROBLEM WITH THIS IS - how do you know where the highest high or the lowest low is? One trader responded to me by saying - "if I have to ask, it's because I haven't mastered my tools" true story. Let me let you in on a little secret - there is NO tool that will tell you this information. Your job is to figure out to the best of your ability what is likely to happen and that is it. Now saying that I want to present you with an alternative to calling a top or bottom - it's simple really - Let the market tell you where it is going and get on for the ride..that's it. Anyone who has been following me for any amount of time will have heard me say at least once - NEVER GO AGAINST THE MOMENTUM UNLESS A REVERSAL IS CLEAR - Ekatatrading This is a law and cannot be broken...at least for me and it works really damn well. I found my entry using the M1 timeframe and as I am typing this I am still very much in the trade. I also want to let you remember - I show and discuss my losses as well (ON THE RECORD) go to my profile you'd see The trick is to make sure when you lose, it isn't the end of the world Have a great rest of your day guys
OANDA:XAUUSDLong
by Brandon_evo4
6
XAUUSD:15/11 Today’s Trading StrategyIn the Asian market on Wednesday, the U.S. dollar index closed at 104.16, continuing its weak trend after being short overnight. The U.S. core consumer price index (CPI) in October was unexpectedly weak, rising 4% year-on-year, below expectations of 4.1%. Gold prices stabilized at 1,962 after an overnight rally amid sharp selling in the U.S. dollar, which was affected by CPI data, causing the U.S. dollar index to fall sharply. However, in the Asian market, gold reached the 1970 position again after establishing its foothold in 1962. Gold experienced a bottom-out recovery process on Tuesday, with the lowest point at the 1943 area, forming support. The highest point appeared after the US market accelerated, reaching 1970.74. The closing price was 1963. There is a big positive line on the daily chart, the low price did not fall below the previous low, and the high price broke through the previous high, showing that the upward trend is still continuing, and the market outlook is bullish. From a four-hour perspective, gold formed a support when it hit around 1930 and began to rise, and has now entered the second wave. After breaking through 1948, a small N-shaped breakthrough appeared. It is expected that there will be a small adjustment in the short term, but the overall upward trend will not change. Based on the above analysis: After the gold pattern breaks through, you can first consider retracing and going long today. BUY:1956~1959 SL:1952 TP1:1965 TP2:1970 SELL:1977~1980 SL:1984 TP1:1971 TP2:1965
OANDA:XAUUSD
by ActuaryJ
GOLD SELLERS May be getting Over-Confident UPDATE - in this current area (purple circle) it appears that price is sticking around for some time My question to you is - who do you think will increasingly become interested at this area (purple circle) In my opinion it is buyers Meaning their stop losses might be below the zone (purple line) BUT That is not all - Who would be interested in price breaking below that zone because the market has been bearish for the past few days? I think sellers because remember I told you in my analysis a few days ago - the dealer has to give sellers a win because he doesn't want them to become smart and stop going against the direction (counter trend) Who do you think is all riled up right now? SELLERS Don't believe me? go in the Gold live trading chat on tradingview and read what everyone is saying Sellers are interested in the break out if the dealer creates that breakout sellers will sell The question is - will he continue to sell? My advice is to continue to wait for CPI to occur and let's see what is what from thereUPDATE - in this current area (purple circle) it appears that price is sticking around for some time My question to you is - who do you think will increasingly become interested at this area (purple circle) In my opinion it is buyers Meaning their stop losses might be below the zone (purple line) BUT That is not all - Who would be interested in price breaking below that zone because the market has been bearish for the past few days? I think sellers because remember I told you in my analysis a few days ago - the dealer has to give sellers a win because he doesn't want them to become smart and stop going against the direction (counter trend) Who do you think is all riled up right now? SELLERS Don't believe me? go in the Gold live trading chat on tradingview and read what everyone is saying Sellers are interested in the break out if the dealer creates that breakout sellers will sell The question is - will he continue to sell? My advice is to continue to wait for CPI to occur and let's see what is what from there
OANDA:XAUUSDLong
by Brandon_evo4
1
GOLD to continue to BUY?Alright so I know it may be a little confusing but let me explain what I am seeing Firstly we know that gold has been bearish for the last few days or so HOWEVER Looking at the move from yesterday we can assume that it created a W pattern which signs that the reversal may have already begun I say Reversal because GOLD is at the end of the day a bullish market SO It makes sense that it will reverse to go back in that direction after inducing sellers for this period We see (in green) the bull momentum began yesterday breaking above a zone I have drawn - and in this zone I believe that both buyers and sellers would have been induced here (red circles) Some would be buying, some would be selling We also know that we have a news even in about an hour and 20 minutes from the time of me typing up this What I believe is that gold will try to take out liquidity from the bottom of this zone (Blue line) and then continue its climb from there Again I know it is messy but this is the way my mind works I feel like sells are becoming less and less effective and buys are beginning to make more sense but we have to wait to see what happens at the low of this zone What do you guys think?
OANDA:XAUUSD
by Brandon_evo4
2
XAUUSD:14/11 Today’s Trading StrategyIn the Asian market on Tuesday, the U.S. dollar index fell back to 105.6, gold prices remained at a weak level of 1945, and many traders were paying attention to the U.S. Consumer Price Index (CPI) released in the evening. A previous poll by the New York Federal Reserve Bank showed that one-year inflation expectations are declining, while prices in October are expected to fall to 3.3% from 3.7% in the same period last year. Core CPI is expected to be 4.1%, unchanged from the previous reading. Gold prices showed a bottom-out trend on Monday. The lowest point hit 1931.5 and then rebounded quickly. The highest point reached 1949, but it adjusted after encountering resistance. The last closing price was 1945.97. On the daily chart, gold closed with a Zhongyang line, which indicates that gold has begun to stabilize after continuous declines. Judging from the overall trend, gold is still in a downward channel, with the upper long-short watershed at 1953. If this mark is exceeded, the platform resistance level of 1965 will be tested. Below, gold has formed a long-short reversal signal at the 1941 level. Touching this level for the first time today will become a support level. If there is an unexpected break below this level, the previous low of 1931 will need to be watched. Based on the above analysis: Gold is expected to bottom out and form a bull reversal. The price of gold is expected to fall first and then rise today. BUY:1935-1938 SL:1931 TP1:1942 TP2:1948 SELL:1957-1959 SL:1965 TP1:1953 TP2:1948
OANDA:XAUUSDLong
by ActuaryJ
XAUUSD:13/11 Today’s Trading StrategyDuring Monday's Asian trading session, the price of spot gold continued to be under pressure, with the current gold price around 1,939. Last Friday, spot gold dropped sharply by $20.38, or 1.04%, at the close, with the final closing price being 1938.07. From the instant breakdown in early trading to the rapid recovery of 1918, the price of gold has now fallen below multiple support levels at the daily level. At the same time, the trend of the K-line continues to be suppressed by the short-term moving average, showing a volatile downward trend. Then gold's downside space on the daily level may not be fully released yet. At present, we need to pay close attention to the pressure in the price range of 1943-1945. If this pressure level cannot be effectively broken, the price of gold may continue to fall. Over the last week, gold prices have continued to fall and fell below new lows, and the bearish trend remains very strong. If gold prices continue to rebound and rise, the resistance level of 1944-1947 will put greater pressure on bulls. At the same time, it is calculated that the upper long-short dividing line is located at 1954. Before the gold price fails to break through this level, the downward trend of gold will not change. The lower support level focuses on the 1930-1920 area. Comprehensive analysis: After gold plummets, the market may experience a volatile range. However, if the breakout to the upside cannot continue, then the bearish trend will continue. Therefore, today's operation strategy is mainly to consider rebound short selling, supplemented by long low position. SELL:1944~1947 SL:1951 TP1:1938 TP2:1932 BUY:1929~1931 SL:1927 TP1:1935 TP2:1938
OANDA:XAUUSDShort
by ActuaryJ
1
GOLD ( XAUUSD ) Long Term Trading IdeaHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAUUSDLong
by ForexPlanet20
XAUUSD Longs from 1920 up towards 1960 (possibly higher)Gold is now looking very promising for another impulsive move to the upside which I'm expecting to happen around the price of 1920-1930. As price is approaching I'm waiting for a wyckoff accumulation to play out and a clean CHOCH so we can enter our buys back up. As there is some asian lows around that region between the 5hr and the 4 demand, I would wait for that to get taken in the form of a spring to generate a better quality setup without there being potential reversal magnets against our trades. We will be targeting the 1960 POI as there is a good supply there that could potentially get respected however, as there is lots of liquidity lying above I would be expecting all of it taken as I am overall BULLISH on gold. Confluences for XAUUSD Longs are as follows: - Price approaching a strong level of demand (5hr & 4hr) that has caused BOS to the upside. - The trend of the market is overall bullish and expect gold to take ATH's eventually. - Price has swept lots of trend-line liquidity on the way down and has filled in imbalances that was left from the previous impulsive move to the upside. - Lots of liquidity lying above in the form of trend line liquidity and lots of untouched Asia highs. - Bearish momentum is now getting exhausted as we see price slow down ready for a potential reversal in the market back up. P.S. Im looking forward for this move to play out post CPI as I don't personally trade news events due to its extreme volatility. However, as this will be a trade with the overall trend we can definitely be expecting another major rally that will break structure the upside.
OANDA:XAUUSDLong
by Hassan_fx
3