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XAUUSD:26/9 gold trading strategyIn Asian trading on Tuesday, the U.S. dollar index remained strong and is currently around 106.00. Spot gold continues to be suppressed, with the gold price currently trading around 1914. Gold prices are testing the key support level of 1911. Gold is technically bearish, with pressure still at the 1900 level. Gold prices fell on Monday, erasing Friday's rebound, with prices near last week's lows facing pressure from a stronger dollar and rising U.S. Treasury yields. The technical aspects of gold were suppressed yesterday in volatile trading, and then fell back and broke through the bottom to close. The Asian and European markets as a whole fluctuated in a narrow range around the 1921-1926 area. The US market repeatedly shot higher and tested the 1926 mark, and finally fell back under pressure and accelerated its decline. Closing at the 1915 mark in the evening, the overall price fell suppressed at the 1926 line. The current price has returned to the previous low near the 1915 mark and is running weakly. It is inevitable to continue downward in the short term, and the overall trend is still bearish. Yesterday, the market closed with a big negative line with a slightly longer upper shadow line. After such a formation, today's market continues to be bearish. The 4-hour chart is under pressure and fluctuates around the middle rail, and today's short-term outlook continues to decline further. The next step It is possible to test 1900 and rely on the short-term high of 1917 as a defensive point to rebound and go short first. The resistance point moves down to 1920. The hourly chart is in a state of shock and turbulence. The moving average indicators are chaotic and divergent, with signs of a slight downward turn. Today, Jiesse suggested to prioritize shorting at high levels and then going long at lows. Gold fluctuated and closed lower, so we will follow the trend. In the short term, focus on the 1917-1920 range for shorts at the top, and focus on the 1905-1908 US dollar support for longs at the bottom. If the bottom quickly breaks through the 1905 support, gold is expected to return to 1900 again.
OANDA:XAUUSDShort
by ActuaryJ
1
China's Long-Term Gold BuyingChina's persistent and substantial gold buying activities have been steadily driving up the price of this precious metal, presenting an exciting opportunity for traders like yourself to consider going long on gold. Over the past few years, China has been actively diversifying its foreign reserves by increasing its gold holdings. This strategic move is aimed at reducing their reliance on the US dollar and mitigating potential risks associated with global economic uncertainties. China's consistent and significant purchases have already made it the world's largest gold consumer, surpassing India. The long-term implications of China's gold buying spree cannot be overlooked. As the demand for gold continues to rise, driven by China's insatiable appetite, the price of this precious metal is likely to experience sustained upward pressure. This trend could create a favorable environment for traders who choose to go long on gold. Considering the predictable nature of China's gold buying activities and their commitment to diversify their reserves, now might be an opportune time to consider adding gold to your portfolio. By taking advantage of this trend, you could potentially benefit from the price appreciation of gold in the long term. I encourage you to carefully evaluate this opportunity and assess how it aligns with your trading strategy. Conduct thorough research, analyze market trends, and consider consulting with your financial advisor to make an informed decision. To assist you in capitalizing on this potential opportunity, I recommend keeping a close eye on China's gold buying announcements and monitoring any related market developments. Stay informed about global economic indicators and geopolitical events, as they can significantly influence the price of gold. Remember, trading always involves risks, and it is essential to exercise caution and implement appropriate risk management strategies. However, with careful analysis and a well-informed approach, going long on gold in light of China's long-term buying activities could prove to be a rewarding investment. Should you require any further information or assistance, please do not hesitate to comment.
OANDA:XAUEURLong
by bryandowningqln
XAUUSD: Bearish today, target 1916Gold fluctuates during the day and maintains operation in the range of 1917-27. Now gold rebounds first and is close to the pressure position of the range shock. Then go short first. The current price of 1926 is directly short. Look for a correction. The price will fall to around 1916 and then increase! The current trend of gold is still fluctuating, and no real trend has emerged. Operations must be based on the pressure support position and reverse operations! Gold was previously a shock pressure position near 1930. It is expected that this rebound will continue to fall after encountering resistance at this position. The short-term market will fluctuate and continue to operate within a range! The European market is short at first, then gains after falling to support!
OANDA:XAUUSDShort
by Nick_John
GOLD ( XAUUSD ) Long Term Selling Trading IdeaAug 24 Hello 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
TVC:GOLDLong
by ForexPlanet20
GoldViewFX - GOLD MARKET UPDATEHey Everyone, Once again our chart idea is hitting level to level and playing out in true GoldViewFX style. As shared throughout the week we HIT all our bullish targets and completed the last target yesterday at 1943. We then so price retrace back in the range where we stated it will now reactivate our levels to track again level to level. We also stated to keep in mind the retracement level at 1917. This played out today hitting the retracement target at 1917. 1917 is a weighted level and therefore, if you were following our strategy to buy dips, then this level is weighted to give the 30 - 40 pips bounce - BOOOOM. Once again we got the bounce!!!! This is why we stick with our plans to buy dips, which allows us to handle swings without pressure and capture pips by sitting behind the bull rather than the front, avoiding a crash when it turns. This is how retail traders get taken out. We will now keep an eye on the chart before we post our new trading plans for next week. Keeping in mind if we get a ema5 lock below 1917, we will see the swing range below open up or a rejection will follow with a continuation up, which we can track using cross and lock above the weighted levels. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and the catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week last 18 months, you can see how effectively they can be used to trade with or against short terms swings and trends. BULLISH TARGETS 1925 - DONE EMA5 CROSS AND LOCK ABOVE 1925 WILL OPEN THE FOLLOWING BULLISH TARGET 1934 - DONE 1943 - DONE BEARISH TARGETS 1917 EMA5 CROSS AND LOCK BELOW 1917 WILL OPEN THE SWING RANGE SWING RANGE 1901 - 1890 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSDLong
by Goldviewfx
7
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 at week-low as Federal Reserve's on hawkish overdriveGold prices dropped to a one-week low after the Federal Reserve announced its intention to raise interest rates until annual inflation reaches 2%, a move that is expected to put further pressure on the precious metal. Gold futures on New York's Comex fell by $27.50, or 1.4%, to $1939.60 per ounce. The spot price of gold reached $1,920.82, down $9.66, or 0.5%. The 10-year U.S. Treasury yield also hit a peak, and the Dollar Index reached six-month highs, limiting demand for dollar-denominated commodities among non-dollar currency holders. The hawkish stance of the Fed is seen as gold's primary challenge.
FXOPEN:XAUUSD
by Santorinina
XAUUSD: Gold returns to support, ready to buyLooking at the trend of gold, it started to fall after encountering resistance and the pressure of the daily Bollinger upper track, so the current trend of gold is still fluctuating at the daily level! After the data, the market surged higher and fell back, and now it has fallen to near the support of the 4-hour Bollinger Band! Have rebound demand! Gold is still in a big shock trend at the daily level. Operations should be treated as shocks. Pay attention to the pressure at the 1936 position above the rebound. If there is resistance, we are always ready to go short! Before that, we can seize the opportunity of a wave of rise As of now, our golden winning rate still maintains a 100% winning rate, and I will continue to maintain it. If you want to get my accurate signal as soon as possible, you can contact me below
OANDA:XAUUSDLong
by Nick_John
Gold Next target: 1903? Will gold really fall again?Hello everyone, The price of gold has been fluctuating quite rapidly, but it seems to be pushing past the 1935 and 1940 resistance levels. This indicates a possible downtrend as bearish momentum takes hold. Be cautious if the 1928 and 1923 support levels are breached, as that could signal a downfall towards the 1916 and 1903 targets. It's important to remember that the financial markets can change at a moment's notice. To mitigate risk, it's vital to take various factors into account and conduct a comprehensive analysis of the current market conditions before taking any trading decision. If you found our analysis insightful and beneficial, please do not hesitate to like our post. Also, we would love to hear from you. Feel free to express your thoughts in the comment section. Thank you for your support and we wish everyone the best in their trading journey.
OANDA:XAUUSDShort
by MsProTrading
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
XAUUSD: Ready to buy at 1930Gold continues to be bullish today! If gold is going to change, the chance will only come after tomorrow! Before that, don’t change your mind easily! Neither the rise nor the fall will last for long, and the fluctuations within the day have been relatively small recently, so don’t chase the rise or fall easily. Tomorrow is the interest rate decision, and gold will run in a narrow range before the data! Looking at the daily line, the pressure on the upper track of the gold Bollinger Band is 1945, but this position may not be the end of the rise. Whether it continues depends on the performance after the data! In the short term, gold's rise continues, and operations are still dominated by lows and longs! The intraday range is small. If you miss it, don’t be anxious. You should wait patiently for the pullback to get a bullish opportunity near 1930!
OANDA:XAUUSDLong
by Nick_John
XAUUSD: 18/9 Today’s Trading StrategyThe international gold price fluctuated slightly and rose slightly on Monday, while the U.S. index remained stable above the 105 mark. Market focus this week will be on the Federal Reserve, with the Federal Open Market Committee meeting on Tuesday. Last week, spot gold successfully held on to the 1900 mark, and after the daily line closed with a cross star, a big positive line rose, successfully breaking through the Bollinger Middle Track, indicating that a large number of buying orders began to enter the market, and a reversal signal was shown at the low level. The short-term bulls have reversed the weak situation and successfully closed above the 1920 mark. The MA5-MA10 moving average has also begun to turn upward. If the bulls successfully break through the 1930 mark, it will continue to rise. What needs to be noted is that the weekly trend is in the peaking and falling stage, and the overall situation is still volatile and downward. Bulls may not necessarily be able to break through 1930. This position is the top of the recent shock in the 1915-1930 range, and there is a lot of short pressure. But it should be strong in the short term. Since gold has bottomed out, it means that gold will further rise in the future. You need to pay attention to 1952 above. You still have to be careful about the risk of falling back here. If you can successfully break through this pressure level, then The upper space has been opened, so once the price breaks through 1952 as the main resistance, it means that bulls will have unimpeded access in the future. Gold has stopped falling and has turned bullish, so this week gold is mainly on a correction low and long. Today we focus on the vicinity of 1930. If the 1930 position is successfully broken, it will continue to see the 1935 position. ​Gold operating strategy: BUY:1920-1923 SL:1916 TP1:1926 TP2:1930
OANDA:XAUUSD
by ActuaryJ
XAUUSD: 19/9 Today’s Trading StrategyIn early Asian trading on Tuesday, the U.S. dollar index almost fell below 105, ending nine consecutive days of gains ahead of the Federal Reserve's FOMC decision. Gold rose to $1,934 as the market awaited key central bank decisions this week. Many central banks, including the Federal Reserve, the Bank of England and the Bank of Japan, will announce the results of their interest rate discussions. The combination of factors such as the resilience of the U.S. job market, controlled CPI inflation, and accelerating economic growth suggest that Fed officials may anticipate a soft landing for the economy in their upcoming forecasts. However, what cannot be ignored is that expectations for another interest rate hike still exist. Yesterday, the overall technical aspect of gold relied on the 1922 mark to continue the upward trend of bullish shocks and breakthroughs. The Asian market opened and stabilized at the 1922 mark, and then ushered in the strong pull of the bulls to rise higher. In the afternoon, it slightly surged above the 1930 mark and fell back under pressure. The US market fluctuated repeatedly in the evening. The sideways trading above the 1922 mark once again ushered in the trend of bulls breaking high, and finally closed above 1930. The gold price ushered in a strong bull rebound for two consecutive trading days. In the short term, the bulls' strong rhythm continued unchanged, and gold continued to rise again. After a narrow range of fluctuations, it broke through 1930 in the early morning, reaching a maximum of 1934.6, and closed with a positive line. Judging from the current market, three consecutive positive lines on the daily chart basically set the bottom shape, and at the same time, the daily chart A wave was supported by the lower line and then went up. From the 1-hour chart, the stochastic indicator's golden cross is upward, and there is no dead cross for the time being. The market is resisting the decline. The high point is still not out, which is a bullish signal. The support position for top-bottom transition is near 1930, and the lower support is The position is near 1922, and the upper pressure position is near 1935. From the market point of view, the gold price has ushered in a strong bullish rebound for two consecutive trading days. In the short term, the strong bullish rhythm continues to remain unchanged, but there is definitely a callback, and it is not expected to be strong. Then for short-term trading within the day, Jiesse recommends just going long with the trend. ​​Gold operating strategy: SELL:1940-1943 SL:1948 TP1:1935 TP2:1930 BUY:1926-1929 SL:1921 TP1:1934 TP2:1939 Technical analysis, for reference only.
OANDA:XAUUSD
by ActuaryJ
Gold (XAUUSD) 4H OUTLOOKSo, as stated before, gold has been moving in a channel until the peak and falls and broken the uptrend. Currently gold is in a consolation structure, our best option is to sell at resistance and take our profits in the consolidation demand zone, the best selling zones are At $1984.0 only if the price reach this area of value from the current price level without breaking the consolidation "Demand" and other sell comes if the price probably falls below $1896.0 or after the possible retracement, our priority is to capture the best sales at consolidation resistance or better, after the breakout and retest. 📊 SET UP GOLD - PRICE 🛃BUY GOLD AT $1916.40 🟢TP $1977 🔴SL $1907 🚼SELL GOLD AT $1883.0 🟢TP $1900 🔴SL $1993
FOREXCOM:XAUUSDLong
by FKW-Millions
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
Gold xauusd Intraday Signal 18-09-23R3 LRS 1937 (SMC Supply Area) R2 MRS 1930 R1 HRS 1923 S1 HRB 1923 S2 MRB 1915 S3 LRB 1907 (SMC Demand Area) SELL> 1930 - 1937 BUY> 1919 - 1912 FOLLOW UP D1 On support Sma200 / 1921.76 W1 On support Sma44 / 1910.90 MN 38.2% / 1903 Macro Fibo at strong Support OBSERVATIONS: Coming week is full of news data so the price action is going to be some what choppy. Consequently trend has made a bend and Sma44 is moving towards Sma200 from low to high. If these two SMAs meet between 50% 1915 and 38.2% 1919 provided price tests them in this range, a very good chance of buy opportunity is there. This is “ Boom!”. Subsequently as news can volatile the market, we can plan our trades according to Smart Money Concept and wait for the supply area 1937 and demand area of 1907. The trend in H1 is bending, so it is no more our friend.
FXOPEN:XAUUSD
by wajidalikhan2123
XAUUSD: Wait for the rebound and continue to sell at high levelsThere is a lot of content today, but it will definitely be helpful to everyone. Read it carefully. Last night's CPI data did not fluctuate much. Although it was negative, the market fluctuations only dipped quickly and then rose, digesting the stimulation of the news. The market fluctuations were just a smile! At present, the price is still in a state of shock, stably operating under the suppression of the trend line. The short sellers are still in an advantageous position and will continue to fall after the shock. We are waiting for the rebound to continue selling! Width determines depth. There is only one trend in the market that can be swallowed up in an instant, and that is a sudden break after a long period of repeated fluctuations, and the price will keep moving forward like a wild horse! From the perspective of quantitative market sentiment, a sudden rise is opposite to a sudden fall. For example, last night it fell below the previous low support of 1907 and then quickly recovered. This is a relatively typical representative. Shocks correspond to unilateral movements. I believe everyone is familiar with this! For example, in the early period, the 1915-1930 range repeatedly fluctuated and then came out of a new space! Then this shock will inevitably determine a new direction, and this direction is the short direction. I have made it very clear, you have the final say whether to follow or not! In recent days, after the price fell below the support of 1917, I have been emphasizing the need to go short and make profits many times. A small inducement will lead to buying the bottom, and I will only increase the position and go short again! I believe everyone knows the reason why the short order was placed at 1914-1915 yesterday! Some things don’t need to be explained. Those who know how to follow them will have the wisdom to follow them and not fall behind! During the day, we will focus on the short-term pressure of 1914-1916. Sell if the rebound is in place. The lower support will focus on last night's lows of 1905 and 1900. This is also our first target for shorts!
OANDA:XAUUSDShort
by Nick_John
XAUUSD: Waiting for another Sell opportunityGold is running within a narrow range, which is no different from its recent trend! It’s all ink on the Asian and European markets, and the US market explodes! The current trend is still falling. There is no problem with this. In terms of operation, continue to short, relying on the pressure of yesterday's rebound high of 1914-1915 to be bearish! Today's trend is to fall first, rebound and then go sideways, but there is no pressure to break through 1915 at the highest! Because it can be seen from the hourly chart that the strength after breaking yesterday was very strong, which was the beginning of a new downward band, corresponding to the previous downward band of 1953! It has just started to fall now, and the shock rebound after breaking the position is insufficient, indicating that the bulls are unable to resist! The band of this decline is the daily level Bollinger lower track support position, which is within the 1890-80 area! So the summary is 1914-1915Sell, target 1900, 1890, 1880
OANDA:XAUUSDShort
by Nick_John
6