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Goldtrend

GOLD- one n only support, short only below..#GOLD... Well guys, as we discussed in our video analysis that 2334 35 is the one of the most important supporting area of the next week, No doubt war season is going to start again, What so ever will happen in next week from Iran or Israel, On chart we have only 2334 34 as major supporting area, If market hold it then you can see again bounce from here but if break then first target will be 2305 and the. So on.. Good luck Trade wisely
FX:XAUUSD
by AdilHussain731333
GOLD This WeekGold for this week, there are 2 buy zones, first one starts at 2335$-2328$, the second zone starts at 2296$-2278$ these two zones have the potential to bring gold up to a target of 2497$. If the zone of 2335$-2328$ breaks with a 4H candle the downside scenarios will begin and it will be a reason of agreement between Iran and Israel and gold will go down to 2296$ , if 2278$ breaks with a 4H candle completely the direction of gold would be a descent until reach to 2230$,as long as the the price of gold stays above 2278$ the direction will be ascent and the war would be continued between Iran and Israel The zone of 2334$-2278$ will decide on the future of the war between both countries Iran and Israel , whether they continue or end it Just keep in mind that this is my analysis and it's always important to be cautious when trading.
OANDA:XAUUSDLong
by MajdAbdolMajeed
Gold Loses Luster: Rally Stalls After Reaching $2,400 Threshold The allure of gold has dimmed somewhat this week, with prices slipping after a surge that saw them breach the psychologically significant $2,400 per ounce mark. This pullback suggests that the recent rally, fueled by heightened geopolitical tensions and economic uncertainty, may be reaching its peak. Gold's Allure: A Haven in Uncertain Times Gold has long been prized as a safe-haven asset, a reliable store of value in times of market turmoil and economic instability. Investors often turn to gold when traditional asset classes, like stocks and bonds, experience significant volatility. The precious metal's lack of a direct correlation to the stock market makes it an attractive hedge against broader market downturns. Recent Rally: A confluence of Factors The recent surge in gold prices can be attributed to a confluence of factors: • Geopolitical Tensions: The ongoing war in Ukraine and the simmering tensions between Israel and Iran have stoked fears of a wider conflict. These geopolitical uncertainties have driven investors towards safe-haven assets like gold. • Inflation Concerns: Inflationary pressures remain a major concern for investors globally. Central banks around the world are raising interest rates to combat inflation, but this can also lead to slower economic growth. Gold is often seen as a hedge against inflation, as its price tends to rise alongside inflation. • U.S. Dollar Fluctuations: The U.S. dollar, the world's reserve currency, has experienced some volatility in recent weeks. A weaker dollar can make gold, priced in dollars, more attractive to international investors. Reaching the Peak? Profit-Taking and Interest Rate Woes Despite the factors supporting gold, the recent price pullback suggests that the rally might be losing steam. Here's what might be contributing to the shift: • Profit-Taking: After a significant price increase, some investors may be choosing to take profits, locking in gains before the price falls further. • Rising Interest Rates: While inflation remains a concern, the Federal Reserve's recent interest rate hikes have strengthened the dollar. A stronger dollar makes gold less attractive to investors, as it increases the opportunity cost of holding non-interest-bearing assets like gold. Higher interest rates also make other investment options, like bonds, more appealing. The Geopolitical Factor: A Double-Edged Sword The ongoing geopolitical tensions, particularly in the Middle East, remain a wild card for gold prices. While these tensions initially fueled the rally, they could also lead to a sharp sell-off if a full-blown conflict is averted. Investors are carefully weighing the potential for further escalation against the possibility of a diplomatic resolution. Looking Ahead: A Balancing Act The future trajectory of gold prices will depend on a complex interplay of factors: • The Path of Geopolitical Tensions: If tensions in the Middle East escalate, it could reignite the rally in gold prices. However, a de-escalation could lead to a significant price correction. • The Federal Reserve's Policy Tightening: The Fed's monetary policy decisions will significantly impact the dollar's strength and investor sentiment towards gold. Continued interest rate hikes could dampen the gold price rally. • Global Inflation Trends: The persistence of inflation could continue to support gold prices, as investors seek a hedge against rising costs. However, if inflation starts to recede, it could diminish the appeal of gold. Beyond the Headlines: Other Factors at Play While the aforementioned factors are the most prominent drivers of gold prices, other developments can also influence the market: • Central Bank Activity: Central banks around the world hold significant gold reserves. Their buying or selling activity can impact the overall supply and demand dynamics, influencing prices. • Physical Demand: Physical demand for gold from jewelry manufacturers and other industrial users can also affect prices A rise in physical demand, particularly from major consumers like China and India, could provide support to gold prices. Investor Considerations: A Long-Term Perspective For investors considering adding gold to their portfolios, a long-term perspective is crucial. While gold prices can be volatile in the short term, they have historically trended upwards over extended periods. Investors should carefully assess their risk tolerance and investment goals before allocating a portion of their portfolio to gold. Gold vs. Other Safe-Haven Assets: Investors seeking safe-haven assets should consider alternatives to gold, such as: • Treasury Bonds: U.S. Treasury bonds, particularly long-term bonds, are another traditional safe-haven asset. They offer investors a steady stream of income and are generally considered to be a low-risk investment. • Swiss Franc: The Swiss franc, known for its stability, is another popular safe-haven currency. Investors can gain exposure to the Swiss franc through currency-denominated investments or exchange-traded funds (
OANDA:XAUUSDLong
by bryandowningqln
Gold's 11th consecutive win, let's set a recordDear friends, gold is crazy today. During the day, gold rose by $59 from around 2372, reaching a maximum near 2431, and then fell by $70, hitting a minimum near 2361. It's a crazy roller coaster ride. I think some people are happy and some are worried in today’s market! At present, there is no reliable technical reference for gold in the short term. As for why gold has plummeted, whether it is due to technical overbought. In the final analysis, one is because the main force in the market wants to kill most of the long funds, and the other is because most people cash out their profits and follow the trend to sell. This led to a sharp decline in gold. Gold is currently trading near the 2350 position. Can we go long gold again? I think there should be no rush to get involved in market transactions for the time being. Because the current sharp decline in gold will cause market panic and easily lead to a wave of gold selling, gold may still fall inertia. So we need to wait for the market to return to calm and then intervene in market transactions. Although we may miss some profits, our accounts will be safer! I think this is reasonable. Then we will focus on the 2350-2345 area, which is a relatively important support area. If gold slows down its decline in this area, perhaps we can consider trying to do long gold in small batches around this area. I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
OANDA:XAUUSDShort
by Trader_Manuel
Gold finally reached the 2370 lineGold has still reached the 2370 line. After the K-line fell back, it rose higher. This trend is of historical level. Next, we will continue to focus on long positions at low levels. A big positive line directly pierced the rhythm of the sky, and almost all rose rapidly. The moving average continued to rise vertically, and all K lines stabilized the moving average. Relying on the moving average, it reached a record high. Is 2400 still far away?
TVC:GOLDLong
by Donald-king
XAU/USD Gold has potential..but could go wrongThis is a long analysis I made both for myself and to share it with you, I have to say that, I don't usually trade Gold. And I won't be able to comment on the current state of world and news. So this analysis will be focusing only on the charts, please consider the market data and news before taking any position. I summarized everything at the end of the post... Looking at the really long term picture of Gold, we can see that Gold tried to break higher several times before. This time however, as shown, it has a sweet bounce above the trend. It managed to show much more bullish behaviour than before. In my view, this can go both ways; it can reach new highs which I expect and the first profit target would be 2400$ or second possibility It gets rejected really quick and falls down to levels such as 1850$ Market news and short-term movements will decide.. We can see that the price got rejected as it should at around 2200$ I will investigate Gold in separate parts, each time narrowing the timeframe. on this frame, which is again a wide look to see the long term potential. I see a strong bullish behavior rising within the pink trend. this should be able to break through the 2200$ mentioned on the previous chart snapshot. Unless a downtrend, that is much larger than the blue one, I expect the Gold to move within the trend, potentially reaching the 2400$ target. Since we confirmed the long term behavior, now lets examine the short term behaviour, because a drop to 1850$ would still make the long term viable but significantly extend the trade duration making it unfavorable This time I will be looking within the pink trend in detail... we are down to the last 3 years, we can identify the bullish turn from this frame too. the blue downtrend within the previously mentioned pink uptrend is broken. If the price keeps rising above 2200$, The more steep purple trend should be able to push the price a bit beyond the white trend to the 2250$ point. After that, I expect the price to move with the strong bullish behaviour... around 2250$ the price will stick above the upperband of the white trend and after some short consolidation, potentially create a much steeper version of the white trend making the old one insignificant and rise rapidly to 2400$. Or If the price can't go pass 2200$ and starts falling, Will probably retest the 2080$ and maybe even fall further... a more detailed analysis will be necessary in that case, since the trade length will significantly increase.. Now I will be looking if the price will pass 2200$ and how am I going to keep track of it. We are down to a month long frame, the pink and purple lines are the trends more focused and carried from the previous frame to fit the short term approach, I use them as guides.. At 2200$ the really steep uptrend ended, bearish movement started shown with the yellow trend, If the down trend is broken and again another bullish move starts. I expect another trend to be formed, in place of the older steep white trend, marked with bold white stripes. the price should be staying close to 2180$-2190$ marks and we will see if it can get past 2200$ If it does, the price should continue rising as I mentioned on the previous frame. If bearish movement continues and yellow trend can't be broken yet, price should fall back to around 2145$-2150$. And further failure to break above will result in prices such as 2080$ but I will be investigating the short term again if that happens. In summary, Long term approach Bullish no matter what. Price Target 2400$ for now... but for a more detailed entry idea the timing of the trade however will change depending on two conditions; 1- If it can break above 2200$ I expect to reach price target in 2-3 months. 2- If it falls below 2150$ the trade will be postponed until a more solid level is reached possibly around 2080$ In either case, market news will play a big part on this... And I would appreciate any different ideas on the comments I will be updating this from time to time.
OANDA:XAUUSDLong
by Kivvwi
38
GOLD-Strong upward trend The United States expects Iran to launch an attack on Israel, but it will not be large enough to involve Washington in a war, a U.S. official said yesterday. As soon as this news came out, it once again had a great impact on the current financial market. Gold once again had room to surge and hit a new high. Although the US dollar also rose, it could not affect the current absolute strength of gold. In the case of extremely unstable geopolitical situation, gold has a dominant position as a safe haven. Today we will pay attention to the monthly rate of the US import price index in March and the initial value of the University of Michigan consumer confidence index in April, as well as the speeches of Federal Reserve officials and news related to the geopolitical situation. After yesterday's 4H level top divergence correction was forcibly interrupted, if the 4H MACD fast and slow line crosses again, a second divergence will be formed, and the magnitude of subsequent adjustments will increase. Although gold has been oscillating up and down recently, it is still oscillating under an upward trend and the trend is strong. Friday trading also needs to follow the trend. Therefore, no matter how it adjusts or falls in the near future, as long as it does not fall, it is an opportunity to go long. For example, the previous 2302, yesterday's 2325. For today's market, the technical point is also very obvious. The unilateral moving average support of the H4 cycle is at 2372, and the previous double top turned into double support point price at 2365. There has been a lot of volatility recently, so you still need to pay attention to your position. If you choose to sell, be sure to trade with a small position. Join me, follow my strategic trading, and improve your success rate
FX:XAUUSD
by UnknownUnicorn68604160
I am a gold buyer. follow me! Gold is bought at 2332-2336. The short-term target is 2348-2355. If this position breaks through and stabilizes, move the target upward to 2365-2380 until above 2400. The short-term lower support position is 2319. If it falls below. Look at the strong support of 2300. Follow the trend. and boosted by news. Weak US dollar trend. Risk aversion is heating up, and all aspects of it are affecting it, making it the best time to buy gold. It’s good for buying gold. For traders who don’t know how to operate, traders who continue to operate in the opposite direction, and traders whose accounts have suffered huge losses, remember to leave me a message to receive detailed trading signals.
OANDA:XAUUSDLong
by T0_messenger
GOLD XAUUSD Bullish Heist plan to make 💰🤑 moneyDear Gold Robbers, This is our Day Trade master plan to Heist Bullish side of GOLD mines. My dear Robbers U can enter only in Moving average pullback i mentioned, Our target is Red Zone that is High risk Dangerous area.My dear Robbers please book some partial money it will manage our risk. Be safe and be careful and Be rich. Loot and escape near the target 🎯 I started looting on Monday and I have been looting inside the gold mines until now. Please refer my old ideas. make money take money 💰💵
CAPITALCOM:GOLDLong
by Thief_Trader
GOLD XAUUSD Bullish Robbery OngoingDear Gold Robbers, This is our Day Trade master plan to Heist Bullish side of GOLD mines. New traders enter after the white colour MA breaks I have mentioned in my plan, Our target is Red Zone that is High risk Dangerous area.My dear Robbers please book some partial money it will manage our risk. Be safe and be careful and Be rich. Loot and escape near the target 🎯 I started looting on Monday and I have been looting inside the gold mines until now. Please refer my old ideas. make money take money 💰💵
CAPITALCOM:GOLDLong
by Thief_Trader
1
🔥GOLD STARTS CORRECTION✅✅Gold followed the pattern of big opening and closing after the U.S. market on Wednesday. After the CIP data was released, gold fell rapidly, hitting the 2319 line as low as possible. Then the market began to shift from extremely strong to weak. Judging from the trend of the 4-hour chart, this wave of adjustment of various indicators has just begun, so there is a high probability that yesterday's pullback has not been in place. If today's news is confirmed to be negative, the decline in segment C will begin. In terms of indicators, from the perspective of macd, the kinetic energy column at the daily level has begun to shrink, and the fast and slow lines are preparing to form a dead cross, while the 1-hour chart shows that it is already below the 0 axis, and is expected to form a further dead cross. Once the current gold breaks a new low, it will test the support of the 2300 integer mark in the future, and even a deep drop to 2270 is possible. The price of gold is currently showing a volatile downward trend. With the formation of the dead cross of the moving average, the momentum of the bulls has been significantly weakened. The target of the shorts today will be below 2319. The only thing to pay attention to is the support of the 2320 area below. If the price can successfully break through this level, the short sellers will accelerate their downward trend! On the whole, today's short-term operation of gold recommends mainly shorting on rebounds, supplemented by longs on callbacks. The top short-term focus will be on the 2342-2346 resistance range, and the bottom short-term focus will be on the 2300-2305 support range.
OANDA:XAUUSD
by JackBlackwell
Already made a profit of 12K, insist on shorting goldToday’s gold trading conditions are as follows: 1. Xauusd:@2340-2342 Sell, TP:2328 Profit: + $3708 2. Xauusd:@2341-2345 Sell, TP:2336 Profit: + $8609 In gold trading today, I repeatedly relied on the 2340-2345 resistance area to short gold, and hit my expected target positions of 2328 and 2336 respectively.So far today, I have made a profit of more than FWB:12K in short transactions, and successfully won 9 consecutive victories. Judging from the current structure of gold, the recent lows of gold have been moving downwards, and the short-term rebound has been blocked. Gold has been under heavy selling pressure near the upper trend line. Even with the support of news in the short-term, it is difficult to finally reach the previous wave high point of 2347. . Compared with the previous rebound amplitude and intensity, it will obviously be much weaker now. Therefore, even if gold is currently testing the 2350 mark again in the short term, if gold does not retrace to test support to confirm that gold continues its upward trend, then gold may fall back again after touching the 2350-2355 area. Therefore, in gold trading, you can try to short gold near the 2350 position in small batches, TP: 2342-2340. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
OANDA:XAUUSDShort
by MagicTrader_Manuel