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Goldtrend

Already made profit of $11K, today’s profit target is $20KToday’s gold trading conditions are as follows: 1.Xauusd:@2358-2360 Sell, TP:2347 Profit: + $6618 2.Xauusd:@2364-2366 Sell, TP:2347 Profit: + $8615 3.Xauusd:@2338-2340 Sell, SL:2347 Loss: - $3973 The trading profit so far today is: $11,260. Gold hit a new high today, reaching a maximum of around 2,365. Gold still maintains a strong upward trend. But in actual trading, I will not easily chase gold above the 2360 position. Because gold is currently in a dangerous position, even if I am bullish on gold, I will not easily pursue long gold in my operation. On the contrary, I will continue to look for high positions to appropriately short gold. In fact, as long as you are careful, it is not difficult to find that during the strong rise of gold, gold will still sweep back and forth in a wide range in the short term. Although it will add a lot of difficulty to our transactions, it also shows that in fact, proper participation in short transactions can still make good profits. . Therefore, in order to prevent long positions from accelerating shipments and causing the market to fall, I will look for more suitable opportunities to short gold. At present, gold has rebounded to above the 2360 position again. I have tried to participate in shorting gold again. I hope that gold can fall back as scheduled and let us make more profits. 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
GOLD-The risk of risingGold bottomed out yesterday and rebounded, and the daily line continued to rise. However, there are two points to note: 1. The price has not deviated from the short-term moving average, which is not enough for a short-term high. 2. It is still bottoming out and rising, and it is a continuation cycle. It is the same as the upward trend. It has a strong rhythm. It depends on whether the European market can continue for the second time. But from a weekly perspective, this week is still on the cusp of market changes, and the room for upside is limited. From the previous market, we can see that the previous sharp increase was 1810-2145, from October 6 to December 4, a time range of close to 2 months. From 1810-2145, an increase of 335 This time, the increase started from February 14th. If the interval is 2 months, it would probably be before April 12th. Starting from 1984, it has risen by 335, with resistance at 2319. The current highest is 2355, exceeding the previous 35. According to the scope of the risk area, it has entered the rising risk area. Gold is still very strong now and may reach new highs, but we have to pay attention to the risks. Again, if you trade gold now, use small lots. Today, we will pay attention to two points for gold, one is the 2325 support point, and the other is the 2318 support point. Among them, 2325 is the Bollinger lower track support point after the small cycle adjustment and shock decline, and 2318 is the support point after gold's sharp rise and fall. If gold continues to rise and break through and reaches 2370-2375, you can try to sell in batches. Still use small lots and strictly set SL. The market changes quickly, and you need to pay attention at all times. Join me, I will analyze the trend of gold every day and help you improve your trading success rate
FX:XAUUSD
by UnknownUnicorn68604160
XAUUSD: 4/4 Today analysis and strategyA weaker U.S. dollar and geopolitical tensions provided support to gold prices. According to the latest news, three Iranian soldiers were killed in terrorist attacks on two military headquarters in southeastern Iran. Federal Reserve Chairman Powell reiterated the path of interest rate cuts this year. The US dollar was sold off. International gold reversed its previous decline due to strong ADP employment data and turned to a sharp rise. Gold rose nearly 20 US dollars on Wednesday, once exceeding 2,300 US dollars, setting a record. . Concerns about inflationary pressures boosted hedging demand for gold, U.S. service sector growth slowed further in March, and the U.S. dollar index fell from a four-and-a-half-month high to a one-week low, continuing to provide upward momentum for gold prices. Gold, a hedge against inflation and a safe haven in times of political and economic uncertainty, has risen more than 11% so far this year, helped by strong purchases by the Federal Reserve and safe-haven demand. This trading day will usher in the number of U.S. challenger company layoffs in March, the U.S. trade balance in February, and changes in the number of U.S. initial jobless claims for the week ending March 30. Investors need to focus on this. gold analysis Daily resistance is 2340, support below is 2280-40 Four-hour resistance is 2305, support below is 2280-65 Gold operation advice: The price of gold accelerated its rise and hit a record high. The daily level has risen for seven consecutive days and continues to maintain a strong bullish rhythm. At the same time, the overall rhythm recently has been a strong adjustment within the day and accompanied by a late pull-up, breakthrough closing, and a strong bullish pattern. The current highest price is around US$2,305. Gold continues to be bullish today and there is still room and demand for gold. Today, gold will focus on the lower support near 2,280. We can try to go long. Above, we can look at US$2,320 and US$2,340. ! BUY:2277-83 BUY:2265-69 Technical analysis only provides trading direction!
OANDA:XAUUSDLong
by ActuaryJ
Gold’s bullish sentiment is too strong, you need to be cautious PYTH:XAUUSD FXOPEN:XAUUSD OANDA:XAUUSD PEPPERSTONE:XAUUSD In fact, gold's fluctuations were quite severe yesterday. It opened lower, stabilized, rose sharply, and finally consolidated. The daily line recorded a positive column with a long upper and lower shadow line, and the price stabilized above the upper Bollinger Band. The periodic moving average maintains an upward trend, combined with the K line, short-term indicators also maintain an upward trend, and the potential energy has slowed down. The daily line is bullish and it is not advisable to chase the rise, especially at the current high. Judging from the two-hour chart, the current price is running between above the moving averages of each period and below the Bollinger Band upper limit. The moving averages in each period maintain an upward trend, which is beneficial to the bulls. However, short-term indicators initially crossed downward, with a green energy column emerging. The K-line trend forms a divergent trend. The first appearance of the green energy column does not mean the end of the rebound, but it has certain reference significance for local adjustments and callbacks. It also shows the necessity and signs of a correction on the two-hour chart. There is no doubt about the overall upward trend of gold. The idea of being bullish on gold in the long term has not changed, but this does not mean that we must chase the long position at any time. And, that doesn't mean we go long when it pulls back. Maybe that comeback will come fast and furious. , so that you are no longer afraid of longs, so we expect that gold prices will usher in a wave of adjustments. Unlike the previous times, after gold prices broke through and hit record highs again and again, I don't think there will be a decent adjustment in the future. I am firmly on trend and following the bullish trend. If it pulls back decisively, the bullish trend continues. The actual trend is just as I expected. Therefore, after the gold price hits a new high of $2,353, there is still room for further growth, but it is unlikely to continue or break upward. Coupled with the current surge in bullish sentiment, crowds are pouring into the market and the market has followed suit. It is obviously unreasonable to choose to chase long at this time. Today, Tuesday, market news is light. Beware that all good news can turn into bad news. Avoid high prices before pursuing long-term risk. Personally I would choose to stay below $2353 and watch for a pullback. Even if a high is achieved today, it will not form a breakthrough. Then the expectation of callback adjustment still remains. A phased correction can be seen towards the $2,300 mark. It is expected that there is still some room for extension below this level. Hello traders, if you have better ideas and suggestions, welcome to leave a message below, I will be very happy
OANDA:XAUUSDShort
by autumnbeauty
1
Short Term Pullback preceding CPI // Gold 🧹I believe it's possible to observe a Pullback prior to CPI data on Wednesday for Gold. CPI is anticipated to increase once again which is not great for the Fed's inflation goals. This could cause more buying pressure on gold. In the meantime, we've seen a nice Higher High of 1hr market structure to begin the week. This seems like a solid liquidity move preceding a pullback to liquidate late buyers at all time highs here prior to CPI. I think a pullback to 2305 1hr zone or 2291 Daily level is possible prior to CPI data. Safe trading. We may snapback to 2338 or 2353 where I'm anticipating selling pressure. The idea is get out prior to CPI which could cause massive buying pressure. We have 3-4 trading sessions in the meantime for possible shorts.
FOREXCOM:XAUUSDShort
by ShrewdCatfx
1
Gold continues to increase, waiting to buy at the present timeWorld gold prices increased slightly with spot gold increasing by 5.7 USD to 2,337.4 USD/ounce. Gold futures last traded at 2,358.4 USD/ounce, up 13 USD compared to yesterday morning. World yellow metal prices continued to conquer new records at the beginning of the week, boosted by central bank purchasing activities in Asia. Previously, spot gold price hit a new record of 2,372.5 USD/ounce. A recently published report shows that the Central Bank of China added 160,000 ounces of gold to its reserves in March. Türkiye, India, Kazakhstan and some Eastern European countries also bought gold during the year. now. Although the market is expecting the US Federal Reserve (Fed) to loosen monetary policy in June, according to TD Securities commodity strategist Bart Melek, if the upcoming data continues shows that the US economy is still strong, which may cause the Fed to not rush to cut interest rates. In that context, gold will not be able to maintain its increase. Central bank purchases and geopolitical tensions are other supportive factors for the precious metal. According to CME Group data, traders are pricing in a 52% chance that the Fed will reduce the federal funds rate by a quarter point in June. However, the latest report shows that the US job market remains strong strongly has raised doubts about the Fed's ability to pivot policy.
OANDA:XAUUSDLong
by FalCol_TradingMaster
Already made 18K profit, continue to work towards better profitsDear friends, today after gold opened lower and fell back to the 2305-2300 area, it rebounded again and hit a new high near 2353. At present, gold has fallen back and remains near the 2330 position. Today's transaction can actually be roughly divided into two parts. First, we ended our short position in the 2305-2300 area and captured good short profits;Secondly, I went long on gold with the short-term support of the 2330-2320 area, but I have closed the long position again near the 2330 position. Although our profit in this transaction is not good, as long as we can continue to make profits in the transaction, it can be regarded as a not a bad result. Gold is currently trading near the 2336 position. Overall, gold is still in a strong upward trend, but for short-term fluctuations, I think gold may still continue to pull back in the short term. From the perspective of the form period,when gold is always below the 2340 position, then gold is likely to test the support in the 2315-2310 area again. Therefore, in terms of current trading, I may first short gold in small batches at an appropriate position, and then consider going long gold after gold pulls back to the target area of 2315-2310. 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 Trader_Manuel
XAUUSD:Trading ideas for next Monday Today's NFP data is bearish for gold. After a rapid decline, it rebounded and reached a new high near 2330. The 30m chart has already diverged, and there is a need for repair. Therefore, after the market opens next week, the idea is to go short first and observe the support in the 2318-2312 range. If it falls below, consider around 2305, followed by around 2286. Under normal circumstances, the Asian market will not fluctuate much, so the probability of falling to around 2286 is not high. Just observe around 2305.
FOREXCOM:XAUUSDShort
by Allen_Ex
GOLD-analyze Multiple Israeli media reported over the weekend that the Israel Defense Forces withdrew most of its ground troops on the 7th after April's continuous fighting in the southern Gaza Strip, including Khan Younis. There is currently only one brigade left in the Gaza Strip to prevent Gazans from returning to northern Gaza. However, there is no clear indication of a comprehensive ceasefire between Palestine and Israel, and because Israel launched a missile attack on the Iranian Embassy in Syria, it may cause Iran to counterattack, and geopolitical tensions may escalate again. For this week, the market will usher in US CPI data. and Federal Reserve meeting minutes, which need to be focused on The key point of gold's trend this week is 2250. After falling below 2250, we will consider whether this wave of gold has peaked. Today, the Asian market fell to around 2302, and then rose to around 2353, indicating that gold has a strong will to rise, but the rapid rise has no continuity. We are still waiting for support points before buying. If you want to sell, you can wait 2370-2075, use small lots If you don’t know how to trade, join me and let me help you
FX:XAUUSD
by UnknownUnicorn68604160
XAUUSD:How should gold be traded at 2350? Under the influence of the news and people's concerns about the Federal Reserve's interest rate cut, gold rose crazily and reached the psychological level of 2350. At this position, it is impossible for me to conduct long transactions. I prefer to go short. Before it falls below 2300, my trading idea will remain high and short, and long orders will only be considered near the support. Although the current market can no longer be traded purely based on technical analysis, and 2350 is the psychological limit of many traders for gold, we cannot rule out that the market will go in the opposite direction. But it's a big risk, so I wouldn't do it. The trading philosophy I have always adhered to is to make profits while the risks are controllable. This is also one of the main reasons for my continued profitability. Therefore, at a position higher than 2348, I will continue to short in batches, targeting 2327-2296.
FOREXCOM:XAUUSDShort
by Allen_Ex
The Golden Week review ideas are in place at once, the US market Gold bulls have been continuing to exert their strength. Today, it weakened and fell to test 2305 and quickly rose. It rose all the way to the 2354 line. It really achieved our goal in one go. Our weekend layout is long and bullish, which is completely in line with my expectations. , as long as you buy this market early, basically everyone can make a profit. Gold has given us a satisfactory answer. Today we continue to be bullish. For adjustments in the U.S. market, focus on the support point of 2316. For upward trends, just look at 2355. If the market is strong, it is very possible for the U.S. market to directly break through. Considering that gold has pulled up and broken through today, as long as the U.S. market can stabilize its high level and fluctuate, Remember that in this kind of market, we have to wait for the opportunity to enter the market. If the market does not give it, we would rather wait and see. US gold retreats and goes long near 2316 Traders, if you like this idea or have your own opinion about it, please write it in the comments. I will be happy OANDA:XAUUSD FXOPEN:XAUUSD PYTH:XAUUSD
OANDA:XAUUSDLong
by autumnbeauty
1
Gold Long: Riding the Mighty Bull Flaggold long, the mighty flag says it all This trading opportunity presents a compelling case for a long position on gold, as indicated by the formation of a powerful bull flag pattern. The flagpole, characterized by a strong upward price movement, is followed by a period of consolidation, forming a flag pattern. This consolidation signals a temporary pause in the bullish momentum, providing an attractive entry point for traders looking to capitalize on the imminent continuation of the uptrend. Technical analysis reveals several confirming indicators supporting the bullish bias. The flag pattern itself is a manifestation of market participants absorbing gains before propelling the price higher. Additionally, key moving averages, such as the 50-day and 200-day, are aligning favorably, suggesting increasing bullish momentum over both short and long-term timeframes.
OANDA:XAUUSDLong
by Thabokrad17
GOLD-Trading advice for next weekThe number of non-farm payrolls in the United States increased by 303,000 in March, far exceeding expectations. The number of new jobs in the United States in January and February was revised upward by 22,000. Although the overall number is bullish for the US dollar and negative for gold, it has not actually changed the strength of gold's rise. . The current market performance is more of a risk aversion to the impact of the geopolitical situation. The recent focus on Iran's retaliation for the air strikes may be another major factor causing the rise of gold. This trend has no technical direction. Next, we can only follow the trading rhythm of Thursday and Friday. In principle, if it cannot rise, we will do short-term selling, and if it cannot fall, we will buy at the support point. Most people in the market now want to know where is the high point of this gold rise and when will it fall? It is meaningless to discuss when to fall. Even if gold rises another 100-200, it may still exist. Therefore, in this period of trading, follow the trend and wait for support points to buy. Before there is a clear top, do not blindly speculate on the room for decline. Of course, I have always emphasized that there will definitely be room for adjustment when gold rises, and it may plummet at any time, so I still emphasize the use of small lots and not long-term trading. First, the non-agricultural data in March was negative, and the gold price continued to rise after a slight decline. , the short position in the market may gradually be reflected next week as the US dollar rises. Second, the daily cycle and the weekly cycle have now formed a large-level top divergence state, and there is also the possibility of downward adjustment at any time. Based on these two points There may be changes, so don't blindly buy gold next week, wait for support to buy reasonably, and there will be CPI data released next week, and then we will observe the extent of the market impact. Follow my trading ideas and your success rate will be greatly increased
FX:XAUUSD
by UnknownUnicorn68604160