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Xauusd1h

XAUUSD: Double top formation, subsequent fall? From the technical point of view, the current formation of a double top shape, the future market bearish, but due to the support and data near 1975 led to a temporary rise in the market, the subsequent energy is insufficient, and now has fallen to near 1979. Continue to pay attention to the impact of the meeting in two hours, if it breaks 1975, continue to bear! If you are confused about trading, please join me, I believe you will have a great harvest!
FOREXCOM:XAUUSDShort
by HectorBrown1
XAUUSD: Lucrative week, next week The Israeli-Palestinian conflict escalated sharply, and panic helped gold jump more than $60. At the same time, the Federal Reserve spoke, sending a heavy signal, or ending the pace of interest rate hikes. Next week brings the focus of the Fed's frequent speeches, especially whether Powell has brought surprising remarks. Next week watch for a continuation of the rally above 1920, with new highs continuing to see resistance pressure in the 1947-1950 area. At the same time, if the market continues to fall back and adjust, it has fallen below the 1920 position and continues to see support at the 1900 position. We also made a profit of nearly 150 points this week, and next week we will focus on whether the conflict escalates! If you are confused about trading, please join me, I believe you will have a great harvest!
FOREXCOM:XAUUSDLong
by HectorBrown1
XAUUSD: Today's gold analysis and advice The day will focus on the United States September import price index monthly rate, the United States October one-year inflation expectations, the United States October University of Michigan consumer confidence index preliminary value, according to yesterday's data performance, the evening data will be biased towards bearish gold prices, coupled with 2023 FOMC voting committee, Philadelphia Fed Chairman Harker on 2023 economic prospects speech. From the daily line, the Bollinger band closed, the gold price yesterday rose to the first line of 1885 dollars, that is, near the Bollinger medium rail resistance, which is also an important support position for gold in late August, a place where the top and bottom conversion, breaking through this position to open the space above. 4 hours, the Bollinger belt has signs of closure, the price of gold in the upper track near the resistance after the pullback, in the impact of the data back to yesterday's 1870 support line, did not form an effective break, then, the day's gold prices are likely to maintain in 1870-1875 this range of oscillations, before not falling below the 1870 line, gold short line or more shocks, Even if it is to fall, there will be a second test resistance process, today's gold price short-term attention above the 1885 line of resistance, below the 1870 line of support. Short-term strategy reference: High probability scenario: bullish above 1865, target 1890-1900; Low probability scenario: Bearish below 1865, target 1855-1850. If you are confused about trading, please join me, I believe you will have a great harvest!
FOREXCOM:XAUUSDLong
by HectorBrown1
XAUUSD: Waiting for another Sell opportunityGold is running within a narrow range, which is no different from its recent trend! It’s all ink on the Asian and European markets, and the US market explodes! The current trend is still falling. There is no problem with this. In terms of operation, continue to short, relying on the pressure of yesterday's rebound high of 1914-1915 to be bearish! Today's trend is to fall first, rebound and then go sideways, but there is no pressure to break through 1915 at the highest! Because it can be seen from the hourly chart that the strength after breaking yesterday was very strong, which was the beginning of a new downward band, corresponding to the previous downward band of 1953! It has just started to fall now, and the shock rebound after breaking the position is insufficient, indicating that the bulls are unable to resist! The band of this decline is the daily level Bollinger lower track support position, which is within the 1890-80 area! So the summary is 1914-1915Sell, target 1900, 1890, 1880
OANDA:XAUUSDShort
by Nick_John
6
XAUUSD:Summary of the day Today, the opening price of gold is near 1940, the whole day oscillating market, after the afternoon data came out, the short-term pull up 8 dollars, but encountered strong resistance will soon fall below 1940, the follow-up focus on whether gold can stabilize 1940 line, the follow-up operation is mainly low! Today's profits are very small, I always believe in not trading until the data is out, that is no different from gambling! Join me and don't let procrastination and hesitation stop you from making money!
FOREXCOM:XAUUSDLong
by HectorBrown1
XAUUSD: Sell In the past three weeks, gold has been oscillating in the 1970-1930 area. Within this range, 1940, 1955, and 1969 have been tested repeatedly. Yesterday’s closing price was around 1958, which is considered to have broken through the resistance of 1955. However, in the 1h chart, the form of MACD is at a high level, with a downward trend, and the K-line arrangement has a head-and-shoulders trend. So in yesterday's trading, after the end of the short trading in 1961 and 1960, my strategy is still to short at high positions. Because if it forms a head and shoulders top pattern, then it must fall below 1950. Trading Signals: sell: 1958-1963 tp:1953-1938
FOREXCOM:XAUUSDShort
by Roey_
Gold trading recommendations today After a long period of volatility, gold finally fell below the daily moving average support. As long as the intraday rebound does not break through the pressure of 1945, it proves that the break is valid. Next, continue to short, and the pressure of 1945 should be shorted first! Gold fell unilaterally yesterday, and the 1950 empty order mentioned yesterday also fell and won a big victory! The current rebound is weak, the decline continues, and the rebound is still an opportunity to go short! From the trend point of view, gold seems to be still fluctuating in a large range, and there is no support for falling below the previous low of 1925! But at the daily line level, it can be seen that the moving average has turned down! Before that, the k-line was still running above the long-term moving average, but yesterday it broke directly! Trading straregy: gold: sell@1945 tp1:1920 tp2:1900 Next, there will be a lot of trading opportunities for gold, and I will provide you with more signals, don't miss the opportunity to make money!
FOREXCOM:XAUUSDShort
by Kent_Garcia
1
XAUUSD:Fundamental analysis The current U.S. debt ceiling is 31.4 trillion U.S. dollars, which is approximately equivalent to 120% of the country's annual economic output.In January this year, U.S. debt hit this ceiling.Due to the pressure caused by falling taxes, if Congress fails to raise the federal government's debt ceiling, the United States may default on its debt as early as June 1.U.S. President Joe Biden met with U.S. House of Representatives Speaker McCarthy at 5:30 a.m. on the 23rd to discuss the debt ceiling issue. The market is currently waiting for an effective result.In addition, the market continues to pay attention to changes in the situation in Russia and Ukraine.On May 23, key data to pay attention to: the revised monthly rate of construction permits in the United States in April, and the initial value of the Markit manufacturing PMI in the United States in May. Accurately grasp every trading signal, help friends who trust me, and realize freedom of wealth
FX:XAUUSDShort
by UnknownUnicorn55305536
XAUUSD:Trading straregy Through the analysis of the golden hour chart, we know that the market rebound was unable to rise and fall, and once reached the 1951 line to stop falling and rebound. At present, it is still in the process of rebounding slightly. From the perspective of the overall trend, it was affected by the data in the evening and fell below the support level of the 1969 line. However, we can see from the attached picture above that the main force of the bulls showed a Jedi counterattack signal for the first time and the rebound was weak. The overall performance failed. The Jedi counterattack signal appeared again last night, indicating that the bulls have a strong willingness to rebound. It has become a pressure. In the short term, we will continue to operate at high altitudes and low multiples. The specific suggestions are as follows: Gold:sell@1965-1970 tp1 1955 tp2 1945 buy@1945-1950 tp1 1960 tp2 1965 The timing of entry will be notified later, please stay tuned!
FX:XAUUSDShort
by UnknownUnicorn55352658
2
XAUUSD: sell Shorting gold has brought us huge profits! I observed the 1h chart and found that its current resistance level is 2013-2016, and its shape is very beneficial to short positions. If it wants to form a reversal and restart the long form, it needs to fall below 1996, with oversold or MACD bottom divergence the form of the stock market will rise again, so that it can have strong strength and continuity to counterattack. So my trading view is still short. Trading Signals: sell: 2009-2016 tp:1992-1985 sl:2018 Traders, I hope my signal can help you make money, if you like it, please support and follow me!
FOREXCOM:XAUUSDShort
by Roey_
Gold: Tuesday Trading Plan 25/04Gold price opens today positively to breach 1992.20 and settles above it, to hint stopping the bearish correction, but we notice that the EMA50 forms good resistance against the price to stop the positive trades, while stochastic loses its positive momentum clearly to show overbought signals Therefore, we believe that the chances valid to resume the bearish bias but before that price needs to break 1977 again to confirm heading towards 1965 & 1956 as a next correctional target, taking into consideration that consolidating above 1977 will stop the negative scenario and lead the price to regain the main bullish trend again and will head towards 1987 & 1995 with extension of 2003 Best of luck
FX:XAUUSDShort
by AdilHussain731333
Gold: Monday Trading PlanGreetings Fellow Traders: Gold price managed to break 1992.20 level and closed last week below it, to support the continuation of the correctional bearish trend domination on the intraday basis, opening the way to head towards 1956.00 as a next main target, noting that breaking this level will push the price further down Therefore, we are waiting for more expected decline in the upcoming sessions, supported by the negative pressure formed by the EMA50, taking into consideration that breaching 1987 may stop the negative scenario and lead the price to attempt to regain the main bullish trend again towards 1995 & 2005
FX:XAUUSDShort
by AdilHussain731333
1