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GOLD: the GAP!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ The misuse of the world's reserve currency by American politicians, bureaucrats, and central bankers has resulted in a reckless increase in debt owed to other countries. This has made the rest of the world aware that the debt will not be repaid in an honest currency, but rather in Federal Reserve notes that will rapidly lose their value. As a consequence, foreign central banks are purchasing large amounts of gold as they foresee a currency crisis. It is essential that individual investors also recognize the situation and take steps to protect themselves before it is too late. Friday’s US payrolls report will be a pivotal one for stocks. The worst outcome would be rising wages and a weaker jobs number, something that might reverse the growing expectation of a Fed pause in May. Such a scenario would likely put stocks at risk of giving back their recent gains. The market may experience a significant surge, increasing the likelihood of a gap formation on Monday. It is important to consider this potential outcome. Note: Note: Full TP, SL for winning the market and safe trading!
TVC:GOLDLong
by Sphyn-Trader
1
XAUUSD Caught the buys & Asian OutlookGood evening Gold Gang! hope you've had a great trading day once again, analysis was super accurate for the buys .. did i know it would rally so far? .. absolutely not. Thats why we take profits! if you missed out, there will always be another DO NOT FOMO Ok tonights asian and pre london, lets have a look. Price is obviously over extended after todays move .. so there has to be a pull back to collect more orders. Price failed to close above the top level for 7 hours, so this shows exhaustion for price to pull back. If we get more upside, wait for 30m close min and ride them up to the next level. I prefer the sells at this point. DXY also in a very strong reversal zone, so this could also be a sign for gold to come down a little. If you got value from this and all my analysis, please leave a like and a comment. I always reply. catch you tomorrow, happy trading tommyXAU
OANDA:XAUUSD
by tommyXAU
8
Has the gold price ended its decline in the short term?OPEC unexpectedly cut production and international oil prices rose sharply. The market is worried that global inflation will pick up again, and it has increased the possibility of the Federal Reserve raising interest rates at the May policy meeting, helping the dollar index rise to a near-one-week high, which has a significant impact on gold prices. Judging from the trend of gold, gold surged and fell again last Friday, and began to withdraw after reaching the highest level of 1987, and continued to reach the lowest level so far to reach near 1949. The range of retracement in the short term is also more than 40 US dollars. At the same time, the daily line is staggered. After the opening of the morning, the short-term moving average is directly under pressure, and the support below the short-term line is maintained in the area around 1945-50, then the role of this area is also very important, and once it continues to break the level, it will be possible for gold to continue in the later period. Judging from the 4-hour chart, the pattern space of the gold price began to tilt downward, and the market turned short, and the support below focused on the 1933 position of the daily line, which is probably the target position for this decline!In terms of space, gold is still sweeping back and forth in a volatile structure, but the space and range are changing over time, which has also added a lot of difficulty to the recent operation of gold.At present, according to the rhythm of gold, we continue to treat gold with the idea of sweeping. This time we look at it after it rises, and then falls back again. Short-term operation ideas: sell gold near the 1976 position, and add a position to sell gold near 1980-1981. The stop loss level and take profit level will not be set first. Later, I will notify the channel in time to set the direct operation and stop loss. In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
OANDA:XAUUSDShort
by Short-term-king
4/3 Gold Trading Strategy:big opportunity Under the stimulus of risk aversion, gold rose from 1800 to 2000, and then began to oscillate. From a short-term perspective, it formed a double top pattern, which I shared with you last week. Interested friends can go and take a look. Now let's talk about the trading strategy in detail based on the 4-hour chart. As we can see from the chart, when it first reached above 2000 points, the large increase led to a large deviation, resulting in the need for technical pattern correction, coupled with the cooperation of news, the market began to pull back. Eventually, it found support near 1936, and at the same time, risk aversion swept over again, and the price of gold rebounded, once again approaching 2000 points. However, risk aversion will gradually decrease over time (without further stimulation), and the price of gold at 2000 points is also a resistance level. The market will pull back again, this time down to around 1947 to find support, of course, there is also the cooperation of news during this period. When it rebounded to the resistance level near 1975, it oscillated repeatedly. On Friday, when US February data was announced, despite the small difference, the bulls still took the opportunity to break through 1975 and came to around 1986 (resistance level). Afterwards, the final value of the University of Michigan's 1-year inflation expectation for March was announced, with a published value of 3.6%, lower than the expected 3.8%, and February was 4.1%. It can be seen that the short-term inflation expectations of US consumers have declined significantly. It is also because of this that the price of gold quickly fell back to around 1966, and as of the closing, the market has not returned above 1975. On the 4-hour chart, the MACD has formed a dead cross, which is a bearish indicator pattern. The resistance level continues to be around 1975. The small-scale support is around 1966-1963, and the 4-hour support is around 1948, which is also the support level during the last pullback. If it falls below, look for around 1920. The daily MACD is about to form a dead fork. The MA20 is around 1928, and the MA30 and MA60 are around 1897. The MA5 and MA10 have formed a dead cross and are around 1969. On the 30-minute chart, there is a demand for rebound, and the resistance level is around 1973-1977 (1975). Therefore, during the Asia-Pacific period on Monday, trading can be carried out around this position. Buy: 1966-1963 TP: 1973-1975 (If it cannot break through around 1969, it needs to be closed in time and short-selling) Sell: around 1970-1975 (if it cannot break through 1975-1977 in the rebound) TP: 1966, 1963, 1957 During the European period, pay attention to the support and resistance situation. If the support around 1963-1957 is broken, look for around 1948. If the support is effective, pay attention to whether the rebound can break through the resistance around 1975. Sell: 1975-1963 TP: 1955-1948 If the market is still oscillating around the 1963-1977 range during the Asian and European markets, pay attention to the breakthrough direction during the US market, and then I will give specific trading strategies based on the market.
FOREXCOM:XAUUSDShort
by EagleEyeStrategy
2
A Profitable Gold Trading Strategy Gold has reached the TP line near 1986 today, and long positions around 1975 have gained a complete victory! Currently, the candlestick is oscillating near 1978, with a small support at 1974 below, followed by 1963. A simple breakthrough provides an opportunity for us to go long, but if the body falls below, the nature changes and the support becomes resistance, making it difficult for bulls to achieve higher targets. The area near 1974 is currently the key focus. As long as it doesn't break, the bulls remain in a strong position. If it quickly falls below, it also provides an opportunity for a rebound. In the case of a slow decline, it is difficult to quickly determine the direction. The short opportunity point is near 1994-2000, and the long opportunity point is near 1963-1966. Both positions provide highly profitable opportunities once reached. For the 1974-1986 range, as long as it doesn't break through unidirectionally, the trading strategy is still buying low and selling high. If you are trading gold, crude oil, bitcoin, and forex, please follow me and become my friend. I will provide you with the most suitable trading strategies from the most professional perspective!
FOREXCOM:XAUUSD
by EagleEyeStrategy
3/31 Gold Trading Strategy Gold broke through the 1975 resistance level, which changed from resistance to support. The current resistance level is around 1986, and the shape is bullish. The transaction is mainly to step back on the support and do more. The supports are: 1980, 1977, 1974, 1969 Resistance 1986, 1994, 1999 When the resistance is touched, if you like the game, you can carry out short transactions, but the TP for short selling must not be set too low, preferably $1- $2 higher than the support level.
FXOPEN:XAUUSDLong
by EagleEyeStrategy
XAUUSD Asia / Pre London Outlook. Break the range! Good evening gold gang! .. hope you survived the range. Today was a very rangey day with price accumulating around my 1964 level. We managed a small sell in london and a small buy in NY today but nothing met full target. Thats where risk management comes in. So we have a range on our hands .. what does that mean? .. it has to break out. I have marked out the top and bottom of the range and i am prepared for either outcome. Again, strong 30m close required outside to gauge direction. Targets are also marked up .. just watch out for that top problem area as marked earlier. Have a great session guys, ill be back in the morning for the next outlook. PLEASE like and follow along for XAUUSD updates tommyXAU
OANDA:XAUUSD
by tommyXAU
2
3/30 Gold Trading Strategy Gold oscillated in the range from 1950 to 1975, there was very strong resistance around 1969-1971, and the support was around 1963-1959, so trading during the turbulence period can be carried out around these positions. If the upward attack around 1969 is under pressure and cannot be broken, then go short, around TP1963 If the 1959 support is not broken, go long, around TP1967 Break through 1959-1971, go long, around TP1975 Under pressure 1975 upside attack can not be broken short, TP1969-1970 near Backtest 1969-1966, if the support is valid, go long, around TP1983-1986 Break below 1959-1955 support, short, around TP1947-1943
FOREXCOM:XAUUSDShort
by EagleEyeStrategy
3/29 Gold Trading Strategy After forming a head and shoulders pattern, gold dropped to around 1935 and then rebounded to above 2000 to form a double top. Subsequently, the price fell again to around 1945 before rebounding. Yesterday, the price rallied to the range of 1969-1975 before succumbing to selling pressure. If viewed from a macro perspective, this pattern resembles a double top, which encompasses both a head and shoulders pattern and a double top. Should the market fail to break through the range of 1975-1988, this double top pattern will be confirmed, and the price will undoubtedly fall below 1900. The recommended trading strategy is to focus on shorting, while keeping an eye on support and resistance levels, and developing more detailed trading plans accordingly. FOREXCOM:XAUUSD FXOPEN:XAUUSD
FOREXCOM:XAUUSDShort
by EagleEyeStrategy
3/28 Gold Trading Strategy Gold rose to around 1963 and started to fall back. A small double bottom is not ruled out here, but the premise is that there is support around 1945-1943. If it falls below, look at around 1933 below. The upper resistance is currently in the 1963-1969 range. Trading straregy: sell: 1960-1969 tp: 1945-1933 sl: 1972 buy:1933-1937 tp:1942-1948 sl:1931 1945 has a certain support. If it does not fall below 1943, you can do a small amount of long around here. Around tp1960. If it falls below 1943, the long-term conditions are not established. You should mainly short. If it falls below 1933, look at the vicinity of 1920-1914.
FOREXCOM:XAUUSDShort
by EagleEyeStrategy
Gold Monday Trading Strategy Gold fell after touching above 2,000 again intraday on Friday. As of the close, it was reported at 1978. During the transaction, I had already reminded my friend TP in the group. There are some small supports near 1977, but this support is not very strong. As long as the bearish power is strong enough, breaking this support is a high probability. I used the 30m chart, and there are two areas circled in the chart. For the market on Monday, first look at the 1975-1983 range shock. If the bears are strong, 1975 will definitely fall below. The following is the strong support near 1969. If there is no news stimulus, we can go long when it falls to the 1969-1963 range. It should not be a big problem to catch a small rebound. I will give a specific strategy at that time. The current situation is: 1988-1983 resistance level 1975-1971 weak support 1969-1963 Strong support Shorting in batches without breaking through the resistance level, breaking through 1990 stop loss, taking profits in the weak support-strong support range Go long without breaking the strong support, stop loss if it falls below 1960, take profit in the weak support-strong support range The market will change at any time, and it is impossible to operate completely according to one's expectations. (If only it worked out as expected!) I also update the strategy in real time as the market changes. Welcome everyone to pay attention. FOREXCOM:XAUUSD
FXOPEN:XAUUSDShort
by EagleEyeStrategy
The 4th Dimension Trading i) 2D = Time / Price = Chart = Technical analysis ii) 2D = Macro or / and Micro or / and other analysis 3D = Combining the above (i) & (ii) 4D = Projected time and price based on the past data and market developments 3 types of gold for trading: • COMEX Gold 0.10 per troy ounce = $10.00 • E-mini Gold 0.25 per troy ounce = $12.50 • Micro Gold 0.10 per troy ounce = $1.00 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
COMEX:GC1!Long
by konhow
Gold surged and then retreated, waiting to short at 1819.How to maximize profit in real-time gold trading today? The gold market in the US session has been unable to hold its ground, with clear signs of weakness in the long positions, and the market is struggling to advance. The price briefly surged near 1822 but was quickly pushed down, with three failed attempts to break the resistance level. Overall, the market is in a weak consolidation phase. On the 4-hour chart, the price is still under strong pressure, and the K-line has not been able to touch the moving average, indicating resistance to further price increases. Therefore, my real-time short-term trading strategy focuses on selling short. I recommend buying a short position near 1819, with a stop loss at 1826 and a target price at 1809, the support level where we previously entered long positions. Investors can choose their own profit-taking points during the process of making profits based on their trading styles. Please note that the above is only a short-term trading opinion. If there are suitable opportunities, I will notify promptly. Liking, commenting, and subscribing are your biggest encouragement to me. Follow me and make trading easier! Also, feel free to check out my other ideas below. OANDA:XAUUSD FXOPEN:XAUUSD
TVC:GOLDShort
by Ice_and_Fire1
After the gold plunge,how to accurately grasp the gold operationMessage surface: Federal Reserve Chairman Powell was unexpectedly very hawkish when he testified on the semi-annual monetary policy report on Tuesday. He said that after raising interest rates at a faster pace, future interest rate expectations may be higher.This caused the market's expectations of the Federal Reserve raising interest rates by 50 basis points in March to quickly heat up, and triggered a full-scale rebound in the dollar, which suppressed gold prices to the weakest level in four trading days at 1813. In addition, investors also need to pay attention to the US “small non-farm payrolls” APD employment data this trading day. The market expects ADP employment to increase by 200,000 in February, compared with the previous value of 106,000. This expectation is biased towards bearish gold prices; In addition, this trading day also needs to pay attention to the speech of Richmond Fed Chairman Barkin and the semi-annual monetary policy testimony delivered by Fed Chairman Powell to the House Financial Services Committee. Powell's speech is estimated to be much the same as Tuesday, but if Barkin's speech further strengthens the expectation of raising interest rates by 50 basis points in March, it may further suppress gold prices. Technical aspects: Gold was physically saturated with the big negative line yesterday, and it continued to fall below the 5-, 10-, and 20-day moving average, and the gold price fell below multiple key support levels. It is currently trading at the 1814 line. This state is enough to change the previous pattern of strong rebound.At present, both technically and the market's expectations of future fundamentals, gold bulls will not get any advantage, and the overall market sentiment will turn short again. The lack of any rebound in the market is enough to show that the current market short sentiment is very heavy. At present, the bulls can't see a little bit of rebound power, and there is too much room for a short-term decline last night, so don't chase the short-term for the time being. At present, the market is in a weak correction transition. I look forward to a certain technical rebound in the market. Take advantage of the rebound and then consider short-term participation. During the day, you can first pay attention to the first rebound after the overnight fall. The small high is near 1823, and continue to pay attention to the 1810-1805 support area below. Operationally: You can participate in empty orders when you rebound to near 1823, the expected target: 1810-1805; you can try to go long in small batches when you step back to near 1805 for the first time, and the expected target is near 1823. In order to facilitate you to continue to follow up on my analysis and sharing, you can like and follow me. In addition, you can enter my channel for free in the following ways to follow real-time views and operational strategies. FXOPEN:XAUUSD FOREXCOM:XAUUSD TVC:GOLD OANDA:XAUUSD FOREXCOM:XAUUSD TVC:GOLD
OANDA:XAUUSDShort
by Blessed_V
2