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Xaulong

XAUUSD 1D 21/04/2023Currently, in our daily timeframe, we are in a bullish range that is bounded between 2049.194 and 1981.738. Currently, the demand zone, which ranges from 1991.195 to 1981.680, is being absorbed by price action. Thus, we could expect a bullish reaction to liquidate the next logical liquidity point, which would be at the 2049.194 mark. Otherwise, if the price breaks below 1981.680 with a strong bearish candle, we would be in a new bearish range, and we could look for a short position.
OANDA:XAUUSDLong
by mdr300896
Gold consolidates as it ponders move towards $2000Well, gold did make it to $1980 - just not the way we'd hoped. Still, a bullish structure has formed on the 1-hour chart which has regained our interest. A bullish outside day formed yesterday and its lower wick shows strong demand around 1950. Prices are now consolidating within a potential bullish continuation pattern on the 1-hour chart, having pulled back from the weekly R1 pivot yesterday. The 1970 - 1972 region has acted as both support and resistance since Friday, and our bias remains bullish above that level. However, tighter risk management could be used with the low of the bullish engulfing candle above 1975. We're now looking for momentum to turn higher and reach for the 2,000 resistance zone. If prices produce a deeper retracement initially, we'll look for bullish setups above 1975.
FX_IDC:XAUUSDLong
by CityIndex
my ideal for xauusd intraday tradeThis disclaimer is simply my opinion of this pair, not a solicitation to buy. I saw gold getting rejected from the 1960 support, probably coming back again in 1970 or closest to me in 1966, the market after hitting the 1966 price will see where the market will go and whether to continue or reject and retest the 1960 support, You and I have never known to be so careful and always set stop loss and take profit. good luck guys FYI, my entry position on this trade is at: 1961.50 and I have moved my stop loss to my breakeven or entry position Entry: 1961.50 TP: 1966/70 SL: 1960/1958 GOOod Luck guys!!!!
PEPPERSTONE:XAUUSDLong
by the_pamungkas
$XAUUSD - CoT Suggests A Quick Short Before the Long Run *SMT*Inverse relationship with the dollar may also suggest a quick short as the dollar just dropped from the all time-high. The dollar may start to pull back down and if so we should see Gold rise. But not after it shorts from the next bearish order block to the nearest Bullish order block and by looking at the Commitment of Traders for Gold Futures, it appears that the longs outweigh the shorts over all. But short term there are mostly shorts. Here's the daily up close to see how the CoT Compares. As we know bonds have not been great this year and currency chases the bond yield . If the yield is inverse the bond then It may suggest that all currency become weaker which would make gold more valuable. That's why I believe this may be the last short to capitalize on before it takes off. I expect the short to happen during the London session just a little after midnight NY Time, I would expect the gold start creeping higher until it around 2-3 a.m. a rush up into that bearish order block and then a slow drop through the rest of the day until the end of the London session, that's when I would expect it hit the bullish order blck and turn around and start moving back up. We'll see what happens I guess. Good luck and happy trading :) OANDA:XAUUSD COMEX:GC1!
OANDA:XAUUSDShort
by BodiesXWix
Gold Intraweek Technical AnalysisGold Intraweek Technical Analysis: Gold withnessed a bullish week. The price took rejection from 1795 twice. This may be the start of a downward movement as the US dollar index DXY is on fire after better than expected non farm payrolls. The weekly support lies at 1750. The two main supports for coming week are 1767 and 1750. My idea is that in coming week gold is going to take support from 1770 or 1750. I am still bullish on gold with weekly target of 1785 and 1800 with long term target of 1850. If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics.
OANDA:XAUUSDLong
by JBShark
Gold Long Opportunity Hi Traders, As per my previous short which has since hit all 5 take profits we are now looking for long setups. This is as per the below analysis: We believe there will be a quick and fast break of the previous low before reversing back up into the trading range and defining a bottom. We hope this low comes off extremely low volume showing that the change in direction is confirmed and that the continuation is denied. I will not be trading this as I no longer manually trade - if you are interesting in knowing more about what I do you are more than welcome to pop me a hello. I hope this is fruitful, but please know this is not financial advice or a signal and should be traded at your own risk. Both RSI as well as MACD are showing confirmation on the W timeframe. Initiators will be: High inflation Covid infections increasing War in Ukraine American presidential upset Jobless claims increasing Unemployment on the decline
OANDA:XAUUSDLong
by Username_for_trading
7
Gold | Overview | Following the birdsOverlook If i look at the previous Uptrend of Gold (1976 -> 1980) and our current swing we see the following similarities: 1. Uptrend 2. Downbreak to the 50% of the move 3. Uptrend to the big resistance level (Orange Line) that held price down 4. Engulf of said resistance level but no follow through If Gold price moves like the in the previous swing the following should develop: 1. Downbreak again to the 50% 2. No real demand showing up 3. Downbreak under it and breaking the next support level without real demand either 4. After we find support, move back up to the 50% but this time it acts as a strong resistance So what i plan to do: 1. Unless i see a clear break of the orange S/R level i dont plan to take any Longs 2. If the highest blue rectangle should be broken again i will start looking for Shorts 3. First area i would look for Longs if price should break down would be the 50% Fib aswell the green rectangle Fundamentally i cant imagine Gold falling that much but never say never. Good luck Disclaimer: - This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor. - You trade entirely at your own risk - Make your own research - Finance and trading is evil, capitalism is bad, duh ;)
TVC:GOLD
by a_tale_of_bulls_and_bears
Gold daily analysis 21.06.2022Gold is in sideways movement between 1835 and 1846 levels. Today we have news on home sales and this is going to be negative for USD because the interest rates are high the sales will be low. Hence I hope news will help gold on making high. Technically gold is stuck in a descending wedge since its broke out from the yellow bullish channel. This wedge has its support at 1835 and a downward trend line (white colour) is the upper side. If gold is able to breakout from this wedge in 4 hours then we will know the direction. However in theory such wedge will have a bullish breakout. Also the DEMA for 20/50/100/200 are higher than present price. So the average will also help bulls. My trading idea for today BUY 1836 SL 1826 TP 1856
OANDA:XAUUSDLong
by boyinjungle