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Goldtrend

Gold is shorted to make a profit, the decline will continue! If you go in the wrong direction, your efforts will be in vain; if you go in the right direction, you will get twice the result with half the effort. It is already a short trend. Go with the trend and the rebound will give you the opportunity to go short. Going against the trend is like licking blood with a knife's edge and pulling out chestnuts from the fire. If you go with the trend, you will be light and airy; if you go against the trend, you will be chaotic. Ride the wind and waves with me and dance with victory. In the past two days, we have been emphasizing that the short position in gold has just begun. Gold has fallen sharply in the past two days. Gold was expected to rebound to around 2340 in early trading. Gold fell directly to 2335, hitting a new low below 2300. Gold rebounded to around 2313 and was directly shorted. Gold's 4-hour double top continues to suppress gold prices. The gold top structure has formed. The 1-hour moving average of gold continues to open downward, and the short positions are arranged. Gold's rebound gives us the opportunity to go short. Gold has no room to rise, so I suggest that if gold rebounds to around 2312, it can continue to be short. European market operation ideas: Short gold at 2312, stop loss at 2321, target 2295-2290;
FXOPEN:XAUUSDShort
by cdfxcdfx
Gold is short and profit is taken, the U.S. market rebound conti Markets are all current, and trading is also current. Keep it simple and follow the trend. Don’t be too complicated. If you understand the logic and password behind the K-line, you will not panic when it rises or fall, and everything will be clear to you. , can we deal with it calmly. Only in the face of confusing market conditions can we see the light, gold rebounds weakly, the short-term short trend has not changed, continue to be short to the end; this is experience and summarizing the past market, so that we can continue to make progress. Although gold has rebounded strongly, we still insist that gold only rebounds rather than reverses. Gold rebounded near 2325 and continued to be short. The US market roadshow also directly publicly suggested short selling at 2325. Gold fell first, and gold regained two consecutive victories. , the U.S. market rebound continues to be bearish. Gold's 1-hour moving average continues to cross downwards in a short position, and there is no sign of a turning point. Gold's rebound is limited, and it has not really stood above 2330 for a long time. Gold has rebounded below 2330 in the US market and continues to short on highs. U.S. trading ideas: Gold is short at 2325, stop loss at 2335, target 2310-2300 If you like my analysis, please leave a message and tell me
FXOPEN:XAUUSDShort
by cdfxcdfx
Gold bottoms out and rebounds, can we continue to go long?The gold K-line once reached around 2290, and then directly rose to above 2330. This was an obvious bottom rebound, and the bottom was more solid. At the same time, the Middle East was once again unstable, and conflicts between Iran and Israel occurred from time to time. The golden four-hour line is also supported at the bottom. The K-line starts from directly below the moving average, breaking through the suppression of the moving average. At present, the K-line is obviously rising on the moving average. The moving average has naturally turned upward. It is obviously upward, and the support level is also once again Consolidate Currently bullish on gold at this position
TVC:GOLDLong
by Donald-king
Don’t panic if you hold short positions, continue to add short p After falling twice in Asia and Europe on the previous trading day, it finally hit a low of 2292 and then stabilized. Then gold prices began to rebound, eventually rising to the $2,333 level, giving bulls temporary breathing space. Despite falling U.S. Treasury yields and a weaker dollar, gold prices failed to sustain gains and ultimately failed to hold $2,330. The price is currently still volatile at $2,323. While geopolitical risks linger on investors' minds, they have calmed down after Iran attacked Israel and Israel retaliated. S&P Global revealed that business activity in the U.S. manufacturing sector shrank. This month, the manufacturing PMI fell from 51.9 to 49.9. On the other hand, both the services index and the composite index fell to 50.9 from 51.7 and 52.1. Data from S&P Global reignited investor hopes for a rate cut, following hawkish comments from Fed officials last week, led by Chairman Jerome Powell. Other data showed new home sales jumped to a six-month high while building permits remained in contraction territory, although the number was revised up to -3.7% from -4.3%, according to the Commerce Department. This week, the U.S. economic conference will release the gross domestic product (GDP) for the first quarter of 2024. Analysts expect GDP growth to be 2.5%, down from 3.4% in the fourth quarter of 2023. In addition, the U.S. Bureau of Economic Analysis will release the March personal consumption expenditures (PCE) price index, the Fed's preferred inflation measure. Lower-than-expected data could prompt gold traders to buy the metal and aim for new all-time highs. Otherwise, rising prices could support U.S. Treasury yields and the dollar, which would act as headwinds for the non-yielding metal. On the news, overall, the S&P Global PMI was weaker than expected, triggering speculation that the Federal Reserve may cut interest rates. Geopolitical tensions in the Middle East have eased, affecting gold's role as a safe-haven asset during turbulent times. Whether the Middle East issue will stir up trouble again and whether the Federal Reserve's interest rate cut will be implemented as soon as possible will still play a leading role in the trend of gold. Following the negative closing of the market on Monday, it stepped back on the 2292 line on Tuesday to form a bottom rebound, but finally closed negative, and the daily line continued to close negative. This is the first time since March 25 this year that the daily line has been continuously negative. . The market price broke through the original convergence triangle consolidation range and began to increase downward pressure. Please pay attention to the following points for the layout of this trading day: Secondly, the market opened weakly this week, falling below the support line that has been rising for more than a week, breaking through the consolidation range, and falling below the 2320 key support band. This means that the original callback range is no longer enough to adjust the previous rise, and must increase The extent of the retracement, lengthening the adjustment cycle, and re-building the support platform can lay the foundation for subsequent rises. This means that the callback action will not be completed within a short period of time. For some time to come, we will continue to short until a new support platform emerges; Finally, on the last trading day, it reversed to above 2330, which is the 2332 mark, and continued to touch the previous starting and falling point of 2334. It is not difficult to find here that a counterattack during the decline can easily form a double top, and finally bear the pressure here and break out of the decline. Although there was a second rise in late trading, it ultimately failed to form a breakthrough. After oscillating around the 2323 line this trading day, the 2324 line has formed a more obvious up and down switching position. It is the previous low and current pressure point. We will continue to be bearish on this suppression this trading day. Generally speaking, it is inevitable to increase the retracement and continue to fall below the low, especially when it falls below the key support level of 2320. It is inevitable to increase the magnitude of the retracement and expand the magnitude of the correction. Continue to pay attention to the high altitude this trading day. On the one hand, while holding short positions overnight, they continued to add positions and enter the market to go short in the morning. International golden thinking layout, for reference only: 1. Short-term: Continue to hold short position 2326 overnight, increase short position 2323 in the morning, stop loss 2332, look at 2310 and 2300 positions Inhibition points: 2324, 2330, 2334 Support points: 2310, 2300, 2292
FXOPEN:XAUUSDShort
by cdfxcdfx
Gold’s high expectations come true in early tradingThe gold price is currently showing a volatile downward trend. With the dead cross of the moving average, the momentum of the bulls has significantly weakened, and the decline will continue. In the early trading, the 2343 line was shorted. The gold price also fell as we expected. The short-term profit was 8 US dollars. At present, gold is not If it does not fall to the limit, it will be shorted again if it rebounds again during the day. The target of shorts today will be below 2319!
OANDA:XAUUSDShort
by Leo-trading-star
Gold is forming a correction rhythm ! Increase⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price fell slightly on Tuesday in the North American session due to a weaker-than-expected S&P Global Purchasing Managers Index (PMI) report. Despite the Greenback's weakness, buyers were unable to take advantage, while US Treasury yields declined. XAU/USD traded at $2,323, down 0.11%. The US 10-year Treasury yield remained steady at 4.402%, while US real yields, which have an inverse relationship with gold prices, dropped 0.41% to 2.192%, benefiting the precious metal. ⭐️ Personal comments NOVA: Gold prices are showing a downward adjustment after a strong price increase in early April. They will continue to decrease after military tensions show signs of cooling down. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2283 - $2285 SL $2278 TP1: $2295 TP2: $2302 TP3: $2310 🔥SELL GOLD zone: $2347 - $2350 SL $2355 TP1: $2335 TP2: $2320 TP3: $2300 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
1
Grasping the rhythm of both the long and short sides is profit!Because gold failed to touch the 2300 position area again overnight, I adjusted the TP of all short positions yesterday to 2316. Today, in the early morning, all short positions touched the TP: 2316. Although the profit was much less than expected,but the transaction will be safer after adjusting TP. After that, I caught the rebound profit in the area near the 2318 position, hit TP:2330 again, and re-created a short order above 2330, and set TP:2320, currently hitting 2320TP again So far, although gold has made significant adjustments, it has still not effectively fallen below the upward trend line, so gold as a whole still maintains a bullish pattern. However, compared with the previous period, the energy of gold bulls has gradually weakened, while the energy of shorts has gradually become stronger.At present, the small-level box structure of the gold market is being constructed. Before the small-level box structure is broken through, I believe that in short-term trading, high-level shorting will still be the main method, supplemented by low-level longing in due course. Because gold did not break through the area where it started to fall yesterday during the rebound and repair process. If it is a deep V reversal, I think the strength is still slightly lacking, so I think gold is still in the rebound stage, not a trend reversal. Moreover, the top is also facing multiple technical suppression, so for short-term trading, I am more inclined to short gold above the 2325-2330 area. I share detailed trading strategies and trading signals every day to help everyone correctly understand trading logic and identify trading traps. After all, only the longer you survive in the market, the more profits you can make in the market. Control risks and profit is king. You can follow the channel at the bottom of the article to understand and obtain detailed trading logic and trading signals in the first time.
OANDA:XAUUSDShort
by alongwineer
1
Press the take-profit button for short orders, and the European Spot gold prices continued to fall in early trading Tuesday. Spot gold fell below the 2,300 mark for the first time since April 5 in early trading, with an intraday drop of more than 1%. After the continuous decline in the previous trading day, especially after falling below the 2372 support line, the defense line was broken down, which means that the decline will continue. We started to follow the operation and opened short to the 2331 line twice in a row, and fell further in the late trading. After finding the 2324 support, it opened lower and fluctuated. We directly chose to follow the short position again at 2333/34 and successfully exited with a profit. The market price fell directly below the 2300 mark and once fell to the 2295 line. After the market fell in the morning, there was no significant rebound around noon. It reversed at 2315 points and then began to consolidate at a low level. Under normal circumstances, the Asian market falls and pulls back around noon, but the European market still needs to be further bearish, especially since the Asian market rebound is not obvious and shows a low and volatile trend, so the price is still weak, and you should continue to follow the short side at this time. , launch suppression around 2315, and continue to look at the 2300 and 2294 lines. International golden thinking layout, for reference only: 1. Short-term: Start suppression near 2315, continue to look at the 2300 and 2294 lines Inhibition points: 2315, 2324, 2334 Support points: 2300, 2294, 2282 If you like my analysis ideas, please tell me
FXOPEN:XAUUSDShort
by cdfxcdfx
Gold continues to pull back, today’s trading strategy analysis Gold plummeted more than $50 today, and has already seen a negative trend during the day. With the market's concerns about conflicts in the Middle East further fading and the continuous hawkish signals from Federal Reserve officials, a sharp decline is expected in the near future. As the impact of the situation in the Middle East subsided, the price fell as low as $2,333 in the short term. However, because the market fell too fast, it indicates that there will be a rebound trend in a certain range. However, the current trend is still mainly downward. Today's trading strategy is still mainly short selling at high prices. Entry is in the 2350-2360 range, with a downward outlook of $2330-2320. The 2365 line above needs attention. If the rebound rises to the 2365-2370 range and stabilizes, a rise back to last week's gold price levels may occur. If you encounter difficulties, you can seek my help. I will share trading strategies and trading ideas every day.
OANDA:XAUUSDShort
by Gold_Digger_King
Where will gold fall if it loses strong support?1. The fact that the Iranian government downplayed the attack on Israel and said it would not retaliate has cost the market some risk premium. 2. Spokesperson of the Iranian Ministry of Foreign Affairs: Israel has received the necessary response at the current stage. The Israeli attack was trivial and militarily worthless. 3. The Israel Defense Forces issued a statement that night saying that the Israeli army monitored about 35 rockets fired from southern Lebanon towards the northern city of Safed and surrounding areas, causing no casualties. Subsequently, the Israeli military fired back at the source of the rocket launch. 4. The Polish President said that Poland is ready to deploy nuclear weapons. 5. Russian Defense Ministry: Russian troops have taken control of the eastern Ukrainian village of Novomy Khailivka. Iran has also made it clear that it will not retaliate against Israel's attack, so the risk aversion sentiment in gold is also falling sharply. The entire sentiment caused by the conflict between Iran and Israel is likely to be completely retreated, and gold is likely to return to where it started. Location. However, there is support from the geopolitical conflicts in the Middle East and the Russia-Ukraine conflict, so there is still some support below gold and it will not keep falling. The golden hour chart is still in a downward trend. For the current market, a larger rebound correction is bound to be carried out after the sharp decline. The high point of the short-term rebound is around 2320.
TVC:GOLDLong
by Donald-king
GOLD-Range trading A survey released by the Federal Reserve on Wednesday showed that U.S. economic activity expanded slightly from late February to early April, and companies said they expected inflationary pressures to remain stable, continuing a recent trend that has prevented the Fed from cutting interest rates. In terms of the geopolitical situation, the United States, the European Union and the Group of Seven (G7) have all announced plans to consider imposing stricter sanctions on Iran. The outside world believes that this is to appease Israel and persuade it to restrain its retaliatory actions against Iran. Today, we will focus on the changes in the number of initial jobless claims in the United States and the annualized total of existing home sales in the United States in March. We will also pay attention to the speeches of Federal Reserve officials and news related to the geopolitical situation. The current high of gold is at 2431, and the lowest has fallen to around 2324. It is currently oscillating above 2300, and the market has no continuity. I think that only when gold falls below 2300 can we judge whether the upward trend has changed, and when it falls below 2272, we can confirm that it will be in a downward trend. Now we can sell high and buy low within the range. The large range is 2320-2405 and the small range is 2348-2398. The current daily fluctuation of gold is 30-40 US dollars. The above is the standard for trading. The upper 2392-2398 is yesterday's resistance range, and the lower 2340-2350 is the support range. Arrange positions reasonably according to funds. Gold changes quickly. You need to change your strategy in real time according to the trend. The above is for your reference. Follow my trading strategies to greatly increase your trading success rate, so that you can make profits through trading
FX:XAUUSD
by UnknownUnicorn68604160
Gold still has a strong trend, be aware of risksGold has stepped back and corrected, and the price has fallen below the short-term moving average. The current high point is fixed at the 2300 line, and the decline will continue. Pay attention to the 2240 first-line long position, stop loss 2226, and target above 2260. The main trend is still long. For adjustments after the small cycle rise, just follow the main trend and continue to make adjustments. Currently, long orders are the first to bear the brunt of the position, and the profit is small, but there is still a distance from our target position. Not every wave of profits in the transaction can be realized quickly, so just grasp the direction and hold the position patiently! As long as you don't get off the car halfway, you will reach the key point!
FXOPEN:XAUUSDLong
by Leo-trading-star
2
Gold patiently waits for more adjustments!Gold opened lower early and then rebounded, but we need to further pay attention to the support of safe-haven gold. If we are long on gold, we will first put it at the next support level, because after all the recent negative adjustments, whether gold will continue to rise to new highs or continue to fall back to lows, the main trend is long. If gold waits for a rebound, first focus on the moving average support and the support level of 2280, which will be tested after Friday's non-farm payrolls. Those who are stable can wait until it falls back to around 2300 before continuing to go long. If the market stabilizes in early trading, it can go to the moving average support near 2300.
FXOPEN:XAUUSDLong
by Leo-trading-star
Gold fluctuates at high levels and does not chase the rise The market of gold fluctuates at high levels. Do not chase long at high levels. Before breaking through new highs, the short-term market will continue to be short. If gold opens in a hurry, it is generally not possible to directly chase the rise. There is a high possibility of falling back after rising high. Gold has been oscillating at a high level for 30 minutes, and now it has reached a high level again. There is no need to chase the longs. If gold cannot go up, it may form a double top pattern in the short term. If gold is long, you need to pay attention to the support of 2318 before considering it. There is no need to chase the highs for the time being. many. The market is changing rapidly, and short-term gold has fluctuated at high levels. Don’t chase the highs. The market has its own rhythm. We can only dance with the rhythm and melody of the market, so that the dance steps will be graceful. If you are still in chaos on the dance floor, then you can First find a coach to practice with.
OANDA:XAUUSDShort
by Leo-trading-star
1
Gold trend analysis In early Asian trading, spot gold fell within a narrow range and is currently trading around $2,383. Gold prices temporarily came under pressure at the $2,400 level mid-week last week, but with two failed breakouts, bulls have opened the door to profit from the breakout, but support continues to be bought. I’m not sure if this is accumulation from larger players or just interest rate expectations surrounding the US FOMC, but the fact that this move continues to attract bulls to buy at support makes me think gold’s bullish trend is not over yet. ​ I will share trading strategies and trading ideas every day. I hope that with my help, everyone can make huge profits!
OANDA:XAUUSD
by Gold_Digger_King