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Xausignals

XAUUSD H4 - Sell SignalXAUUSD H4 Here is an update on Gold. We are approaching this $2,640/oz support price, and interim trading support zone indicated on the H4 and H1 timeframe. If we are able to break this convincingly, we should see price trade closer towards that $2,624/oz price in the near term. However, we may well see price bounce from this zone as indicated before gearing up for shorts. The preferred play here is to sell from $2,670/oz and buy from $2,625/oz. Simply buying from the lowest area of support, and selling from highest area of resistance.
OANDA:XAUUSDShort
by Trade_Simple_FX
XAUUSD H1 - Short SignalXAUUSD H1 We broke our area of resistance here on XAUUSD over the eastern session. We have now made a slight adjustment to our trading zone, $2,660/oz has now been moved to circa $2,670/oz. Which now incorporates the next level of resistance, and stops now cover the next areas of previous high price. We have that whole number confluence, area of H1 and H4 supply, obviously areas of resistance... Lets see what this zone offers, but again, treading carefully around the data cluster we have later today.
OANDA:XAUUSDShort
by Trade_Simple_FX
XAUUSD H1 - Sell SignalXAUUSD H1 For those that tuned in to the market rundown yesterday, we covered all of the setups we have been following from the start of the week, including XAUUSD here. We have seen some strong selling pressure over the eastern session, trading from that same zone we had indicated on Monday 30th. This $2660/oz zone seems to be very attractive and a strong area of supply. Hoping to see more of the same here on XAUUSD. Corrections before resumed sell orders.
OANDA:XAUUSDShort
by Trade_Simple_FX
XAUUSD H4 - Sell Signal $2900/ozXAUUSD H4 On Friday, XAUUSD experienced significant movement, as those actively trading the markets would have observed. After a sharp drop, it rebounded aggressively and continued to rise throughout the day. The area around $2390-$2395/oz is a major resistance zone. This resistance level presents an opportunity for potential short positions, whether today or later this week, depending on market conditions. Alerts are set for this key resistance price, allowing us to wait patiently for the notification to trigger. We will be looking for an intraday opportunity today for the $10,000 challenge if we can't see this swing opportunity unfold today.
FX:XAUUSDShort
by Trade_Simple_FX
XAUUSD H1 - Long SignalWe continue to see positive performance in XAUUSD. Currently, we are aiming for a break above the $2,338/oz level, compared to approximately $2,335/oz yesterday. I believe this is achievable within the week, with potential targets around $2,360/oz. Given the recent trading patterns of XAUUSD, we might observe prices fluctuating between $2,322/oz and $2,324/oz, trending upwards to $2,336/oz before breaking higher. This presents an appealing and robust 120-point range that we can capitalize on. We've been experiencing great success with gold recently. By trading from the identified support level of $2,322/oz and taking long positions, we've captured profitable intraday opportunities. From a swing trading perspective, our target is set at $2,360/oz.
FX:XAUUSDLong
by Trade_Simple_FX
XAUUSD H4 - Long SignalXAUUSD H4 Here is the outlook for XAUUSD as it stands, we are firm believers in trading what you see. We can see the DXY took a slight bounce from that 104.000 mark and therefore the DXY is still in bullish demand. That being said, $2330/oz has been our previous area of support for a while now, and we hold our ground until it breaks. Upon a potential break, we can simply change our bias and start trading in line with the new breakout trend (should it sustain). A simple motto we go by, trade what you see and don't fix it unless it's broken. This is the staple of a zone trading strategy. Learn to love your losses when they can occur, because these losses often lead the a monster of a reversal trade.
FX:XAUUSDLong
by Trade_Simple_FX
XAUUSD - Long Signal $2300/ozGold is beginning to trend downward as the dollar shows a slight uptick in strength at the outset of the EUR/LON session. While the dollar index remains within the range of 105 to 106, a breakthrough above 106.100 or 106.200 could signal further gains for the USD in the upcoming wave. However, it's worth noting that we've been witnessing high timeframe consolidation for some time now. Personally, I'm eager for a significant uptrend in gold (XAU) before any subsequent strengthening of the dollar prompts a downward correction once more. The $2300 mark stands as a notable point of convergence in this scenario.
FX:XAUUSDLong
by Trade_Simple_FX
1
XAUUSD Analysis (24th April 2024) Market Analysis PT1/2 (24th April 2024) XAUUSD Analysis On the 1 hour timeframe, Price action has rejected off a daily orderblock couple with a weekly bullish Fair value gap, creating a bullish Change of Character to the upside. This means that there could be potential intentions of price creating a potential bullish market structure shift on gold, allowing gold to continue bullish on the daily timeframe. Currently the 1 hour has created a bullish FVG, which hasnt been tested. So ideally i am looking for price to come into the bullish FVG before looking for 5/15 minute confirmation using a bullish change of character to continue higher. However, if price breaks below the FVG and breaks the 2291 level, that price still has ways to go to the downside and i will be looking for continuation shorts.
FOREXCOM:XAUUSDLong
by CallistoFX
XAUUSD D1 - Long SignalIn accordance with the aforementioned analysis of the dollar index, we are poised for an impending descent, targeting the elusive $2000 per ounce mark—a significant psychological threshold that has remained elusive for substantial trading conviction thus far. Our objective is to bridge the gap and reach the lofty heights of the $2150 per ounce level observed on December 4th. Nevertheless, it is imperative that we exercise prudence as we navigate through the holiday season. The voluminous wick that materialised on the 4th of December could resurface over the next couple of weeks, warranting a cautious approach in our trading endeavours.
FX:XAUUSDLong
by Trade_Simple_FX
1
XAUUSD D1 - Long SignalXAUUSD D1 XAUUSD experienced a notable sell-off yesterday, even in the face of a 600-point correction in the DXY. As we recall from last week, we highlighted the market's mixed correlation and potentially misleading confirmations. Presently, this is precisely what we are witnessing: stock indices, the DXY, and XAUUSD all providing conflicting signals. However, it's imperative to adapt to such situations when we're actively trading during periods like today, marked by geopolitical tensions, market risk, and heightened uncertainty. Our buy zone has now undergone a slight adjustment, so let's remain attentive to the evolving zones and make informed decisions accordingly.
FX:XAUUSDLong
by Trade_Simple_FX