Get started

Xauusd4h

How to operate after XAUUSD is shorted? After breaking through 1820, gold formed a reversal and rose above 1840. Although the rise was quite strong, in the short term, there is still some distance to the resistance level of 1848. My bearish view remains unchanged as my funds are relatively sufficient and I can continue to add short positions at high levels. If you have already taken a short position, it is best to tell me your entry position. If your funds are sufficient, you can also add short positions at high levels appropriately like me. If your funds are limited, do not add positions to avoid forced liquidation. As everyone's situation is different, it is best to leave me a message, and I will provide you with the most secure advice. I will also update the latest operations in a timely manner for friends' reference. Thank you for your likes and attention. I am with you and only do the most authentic trading. I hope I can help you. FOREXCOM:XAUUSD
OANDA:XAUUSDShort
by FlashTrades_
13
Gold (XAUUSD) trading commentary on February 28, 2023Spot gold fell on Monday to $1,806.50/troy ounce, a new 2023 low. However, the US Dollar lost its positive momentum during European trading hours, helping XAU/USD bounce The current $1,819.00 price zone. The greenback's strength in the weekly open was the result of Friday's rally, the latter of which was triggered by higher-than-anticipated inflation figures. The XAU/USD pair maintains modest gains on the day, although it has lower highs and lower lows compared to Friday, which maintains the bearish bias. Technical indicators in the daily chart lack directional strength but are in negative territory, in line with the mainstream downtrend. At the same time, the 20 Simple Moving Average (SMA) picked up bearish momentum above current levels, reflecting the strength of sellers. Finally, the 100 SMA has lost its bullish slope and is now hovering around $1791.20, providing dynamic support. In the short term and according to the 4-hour chart, the risks are clearly tilted to the downside. XAU/USD has met with intraday sellers around the firmly bearish 20 SMA, while the longer moving averages are strongly southerly above it. At the same time, the Momentum indicator stands directionlessly just below its 100 line, but the Relative Strength Index (RSI) indicator has continued to decline, heading south at around 40. Support level: 1,806.50 1,791.20 1,784.60 Resistances: 1,821.60 1,834.00 1,845.99 Trading recommendation: Buy soup at the price range 1796 1797 Stop Loss: 1794 Take profit 1: 1806 Take profit 2:1810 Take profit 3: 1820 Canh sell at the price range 1825 1824 Stop loss 1827 Take profit 1: 1810 Take profit 2: 1807 Take profit 3: 1800 Note: Always set TP and SL in all trading cases If you have any questions or support, please leave a comment
OANDA:XAUUSDLong
by DNAchampions
Gold trading strategy on February 25, 2023A key inflation gauge used by the Federal Reserve, known as the personal consumption expenditures index, rose 0.6% in January, faster than the 0.2% gain in December. On a year-over-year basis, PCE rose to 5.4% in January from 5.3% in December. Core prices, excluding fuel and food, rose 0.6% and 4, respectively, 7% for the month and for the whole year. Hotter-than-expected inflation could encourage the Fed to keep rates higher for longer. The market expects the central bank to raise interest rates by a quarter of a percent in March and again in May. The policy rate is expected to hit 5.36% by mid-summer and could sustain it. at a high level for the remainder of 2023. Recommendations for trading after PCE Support level: 1,800.30 1,797.45 1,782.90 Resistance levels: 1,834.00 1,845.99 1,860.00 Trading recommendation: Buy soup at the price range 1809 - 1808 Stop Loss: 1803 Take profit 1: 1823 Take profit 2:1830 Take profit 3: 1835 Note: Always set TP and SL in all trading cases
OANDA:XAUUSDLong
by DNAchampions
1
GOLDEN MARKET COMMENTARY ANALYSIS - 2023 [February 27-03/3]This week, the international gold price has continuously decreased from 1,847 USD/oz to 1,809 USD/oz and closed at 1,811 USD/oz. The two main factors that have weighed on gold prices this week are inflation and rising US government bond yields, amid expectations that the Fed will continue to raise interest rates strongly. Notably, the minutes of the Fed's January meeting also revealed that some FOMC members are also leaning towards a 50 basis point increase in interest rates instead of a 25 basis point increase. There are no important data for next week other than industrial goods orders and US PMI. Therefore, economic data will not have much impact on gold prices next week. Technically, if gold price next week fails to hold the critical support at $1,800/oz, a drop to $1,787/oz (fibo50 on weekly chart) is possible, followed by $1,750/oz. (just hit the round resistance is also the fibo level 38.2 on the weekly chart). Trading plan for next week, will consider buying around fibo50 resistance in Weekly chart, ie around 1788, selling around moving resistance according to h4 chart around 1830., accepting stop loss at 5 prices for each trading strategy. pandemic. Trading recommendation: Support level: 1,800.30 1,797.45 1,782.90 Resistance levels: 1,834.00 1,845.99 1,860.00 Trading recommendation: Buy 1809 - 1808 Stop Loss: 1803 Take profit 1: 1823 Take profit 2:1830 Take profit 3: 1835 Sell 1827 - 1831 Stop loss: 1833 Take profit 1: 1823 Take profit 2:1820 Take profit 3: 1810 Note: Always set TP and SL in all trading cases
OANDA:XAUUSDLong
by DNAchampions
XAU NEAR FUTURE ANALYSIS (4H Chart)Technical Analysis Summary XAU/USD TREND ANALYSIS We have 1 Down Trend in Red (Long Term) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). White Levels are levels that represent tight stoplosses or support and ressitance levels from the past to show old publications. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
OANDA:XAUUSD
by husseindergham
GOLD buy 24/2/2023 Gold price has paused its four-day losing streak just below the $1,825 level, looking for a renewed upside amid a subdued US Dollar performance so far this Friday. The US Treasury bond yields are struggling at higher levels, allowing Gold bulls to come up for the last dance. Gold price remains vulnerable after breaching the key January 5 low at $1,825 support. Gold bears keep their eyes on the seven-week low of $1,819 before testing the falling trendline support at $1,801. The 14-day Relative Strength Index (RSI) is trading well below the midline, suggesting the downside potential remians intact, thus far. for now. A bear cross is in the making, as the 21-Daily Moving Average (DMA) is on the verge of cutting the 50 DMA from above. Confirmation of the bearish crossover could add credence to the downside in the Gold price. On the flip side, any recovery will need acceptance above the previous day’s high of $1,834 to gain additional traction. The next stop for Gold bulls is seen at the weekly high of $1,848, above which the $1,850 psychological level could offer stiff resistance. Support levels: 1,811.30 1,797.45 1,782.90 Resistance levels: 1,834.00 1,845.99 1,860.00 Trading recommendation: Buy 1820 - 1818 Stop Loss: 1815 Take profit 1: 1830 Take Profit 2:1835 Take profit 3: 1840 sell 1843 - 1845 Stop loss 1858 Take profit 1: 1840 Take profit 2: 1835 Take profit 3: 1830 Note: Always set TP and SL in all trading cases
OANDA:XAUUSDLong
by DNAchampions
2
Gold trading strategy on 24/2/2023 - Great buying opportunityGold price licks its wounds near $1,825, after refreshing the yearly low during a four-day downtrend in the last. The yellow metal seems to cheer a retreat in the United States Treasury bond yields and the US Dollar. The XAU/USD pair pressures the aforementioned low, down for a fourth consecutive day but without signs of downward exhaustion. The daily chart shows that the pair keeps sliding below a firmly bearish 20 SMA, while the 100 SMA has lost its bullish strength, currently at around $1,789.15. Meanwhile, technical indicators hold within negative levels, the Momentum posting a modest advance, but the Relative Strength Index (RSI) maintaining its downward slope near oversold readings. In the near term, and according to the 4-hour chart, bears have full control of the pair. It trades below all bearish moving averages, with the 20 SMA providing resistance at $1,834.00. The Momentum indicator remains directionless, just below its 100 level, while the RSI indicator heads south at around 36, in line with another leg lower. Support levels: 1,811.30 1,797.45 1,782.90 Resistance levels: 1,834.00 1,845.99 1,860.00 Trading recommendation: Buy 1820 - 1818 Stop Loss: 1815 Take profit 1: 1830 Take Profit 2:1835 Take profit 3: 1840 sell 1843 - 1845 Stop loss 1858 Take profit 1: 1840 Take profit 2: 1835 Take profit 3: 1830 Note: Always set TP and SL in all trading cases
OANDA:XAUUSDLong
by DNAchampions