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Xauusd4h

Gold rose 2400 this week? Last Friday, gold fell by $100 under the pressure of NFP data. But to be honest, this $100 drop is not the first time; Friday's drop is also common! But this trend comes out, how to operate, how to locate, how to deal with, is very critical! I also know that many people bought gold last week, resulting in huge losses. But I have been selling. So judgment is the most important part of trading. If you need my help, you can like my trading ideas article. Recently, many people have bought and suffered relatively large losses. But it doesn't matter. As long as I help you, you can stand up again soon. On the weekend and Monday, I emphasized Friday's trading and how to deal with Monday's follow-up. Friday chose to deal with the resistance point and chose to sell. We also won a great victory in the 2385-2338 selling order. Today's trend analysis. 1:1 hour temporarily corrected the trend, double support near 2290, strong support position near the previous starting point support position of 2275-2280! BOLL range, the first pressure position is near 2315. Temporarily under pressure, forming a short-term decline; the support positions are near 2295 and near 2285. 2: In the 4-hour period, the stochastic indicator golden cross rebounded upward. The middle track of BOLL gradually moved down, and the pressure position of the downward pressure position 2315 and 2330/2335 here can be selected to sell at the pressure point. Choose to sell near 2315 and sell here at 2330-2335 3: In the daily K, the range of BOLL is still there for the time being, and it has not fallen below or broken through, and the trend is in a volatile trend! Therefore, there is no unilateral trend for the time being; the strength and weakness dividing points of the unilateral trend are the starting point position near 2275 below and the previous historical high position of 2420-2440 above To sum up: In the short-term intraday, sell at 2315-2330-2335 above, and buy at the support near 2295-2285 before considering. If the support near 2285 continues to fall, the price will fall further.
OANDA:XAUUSD
by money-making-machine-
Gold Spot (XAU/USD) AnalysisThe chart provided is of Gold Spot (XAU/USD) against the US Dollar, in a 4-hour timeframe. Here’s a detailed analysis and summary: 1. Trend Analysis: - The overall trend from early March to mid-May was upward, with gold prices rising steadily. - Recently, there has been significant volatility, with noticeable peaks and troughs indicating a correction or consolidation phase after the upward trend. 2. Support and Resistance Levels: - Resistance: The recent high is around 2387.313. - Support: Multiple levels including: - 2304.029 (61.8% Fibonacci retracement level). - 2281.389 (78.6% Fibonacci retracement level). - 2252.548 (Key horizontal support level). 3. Fibonacci Retracement Levels: - The chart shows Fibonacci retracement levels calculated from the recent high to the recent low. - 50% level at 2319.931. - 61.8% level at 2304.029. - 78.6% level at 2281.389. 4. Chart Patterns: - The dotted lines indicate A possible ascending channel, suggesting that the price has been moving within an upward-sloping range. - Recent price action shows a breakdown from this channel, indicating potential bearish pressure. 5. Current Price Action: - The price has dropped sharply and is currently around 2306.890. - It is approaching the 61.8% Fibonacci retracement level, which might act as immediate support. - If this level breaks, the next significant support is around 2281.389 (78.6% retracement). 6. Moving Averages and Indicators: - The chart does not explicitly show moving averages or other indicators, but the trend lines and Fibonacci levels provide key insights. Summary: The chart of the Gold Spot against the US Dollar shows an overall uptrend that is currently facing a correction or consolidation phase. Key support levels to watch are around the 61.8% Fibonacci retracement level at 2304.029 and the 78.6% retracement level at 2281.389. It might resume its upward trend if the price stabilizes above these levels. However, a break below these supports could indicate further downside risk, with the next major support at 2252.548.
OANDA:XAUUSDShort
by The90sTraderOfficial
XAUUSD (Gold) Technical Analysis and Trade Idea In this video, we conduct a brief analysis of XAUUSD (Gold). Despite experiencing downward pressure over the past three weeks, it is currently approaching a significant support zone. On the three-week timeframe, we observe a bullish trend. Our focus is on identifying a buy entry point within this critical support area, assuming price action aligns with our analysis from the video. As always, the video provides valuable insights into trade entry points, trend analysis, market structure, and price action. Please note that this content serves an educational purpose and should not be construed as financial advice. 📈 🚀📊
FOREXCOM:XAUUSDLong
by tradingwithanthony
5
XAUUSD SWING BUYLIMIT PROJECTIONKEY POINTS: Analyst says gold to drift back to $2,355 if dollar keeps upward momentum Fed minutes reflected discussion of possiblefurtherhikes Price rise likely to temper discretionary gold buying - ANZ Gold prices fell for a third straight session on Thursday after minutes from the most recent Federal Reserve meeting indicated that some officials were inclined to raise interest rates. Spot gold GOLD fell 0.6% at $2,365.49 per ounce, as of 0638 GMT. Bullion hit a record high of $2,449.89 on Monday. U.S. gold futures GOLD were down 1.1% at $2,367.60.
OANDA:XAUUSDLong
by kripsonfx97
1
Accurate trading signals for today From the daily chart, the gold price is currently in an upward structure, and the trend is well maintained. The moving average system also shows that the gold price has not gone short. But the 4-hour short-term upward trend line has been broken. From the perspective of the golden ratio, the current support of the gold price is at 0.236. This adjustment is a weak callback. The 1H Bollinger trend closed and then flattened, which is a typical shock signal. Therefore, although the bullish structure on the daily chart is intact, the small cycle is currently in a shock structure. The shape is now in a converging triangle state, so it is difficult to say whether to be bullish or bearish. There is no overwhelming technical reason. So if you say you are bullish or bearish, you really can't see the direction. But in terms of operation, what we can do is to sell high and buy low. According to the trading rules, you should sell when you encounter pressure and buy when you encounter support. Today's support is at 2406 and the pressure is at 2428. The current price is obviously sold, there is no good position to set a loss, and the profit ratio is not suitable. Therefore, it is also necessary to buy at this position.
OANDA:XAUUSD
by RID_WK
Will gold continue to rise? First, the gold daily level: From the current pattern, on the one hand, the price broke through the previous historical high of 2432, on the other hand, the 5-day moving average continued to rise, which is a strong unilateral continuation, because it is not a continuous positive, but a two-positive and one-negative pattern; therefore, today may be closed with a small negative cycle, and the next day or two will continue to be a positive unilateral attack, the key support point is still the 5-day moving average, moving up to 2400, today this position continues to be bullish, this week there is hope to hit 2460-2470 Second, the gold hourly level Special: Today's Asian session fell, and the European session was in a range of consolidation; from the figure, we can see that the short-term upper track is suppressed below 2425, and the short-term support is above 2409; before 2425 is broken and stood above, there may be another wave of declines and then stabilized and pulled up. At that time, pay attention to the support of 2409 and the stabilization of the first-line support of 2400; on the contrary, if 2425 breaks through and stands above in advance, it will all be washed back today, engulfing the decline in the Asian session, impacting 2432-2433, and even continuing to break through 2440-2450;
OANDA:XAUUSD
by RID_WK
Will gold fall by 2300? As for gold, the US market retreated after yesterday's new high of 2450, bottomed out and rebounded, and the daily line closed in a cross. There are several technical points: 1. Today, it directly rose and broke the high, forming a watershed morning low of 2408. This extremely strong market must be a bet on the rise of the European market. On the one hand, if there is no buying in the European market, the price is still at 2408, then the second retreat in the European market is also a buy, this position is the 382 position 2433-2434 line, which is also a bet on the second rise, and the price reaches 2447. 2. Then it rebounded and fell, and the hourly line retreated again near the US market. Usually in this market, we still think that the US market is more than twice, the European market breaks the high, rises before the US market, and the US market buys twice, and continues to rise. In terms of position, it will be stuck at the bottom of the hourly line big positive line or 618 position, which is also 2425, and 2420. But the US market had a large room for decline yesterday 3. The watershed 2416 was broken. According to this point, the market will rise later, but we will not buy. On the one hand, we hope that the stronger the buy, the better, not the more retracements. Most people hope that the more retracements, the smaller the risk of buying, and the greater the profit of buying later, but they forget that the more retracements, the smaller the momentum of rising. When the 2416 watershed is broken, it means that the high will not be broken on that day. 4. The daily line is in a continuous positive cycle. This is the key to the future long position and the positive cycle. After all, the market is breaking the high and the high, after all, the market is in a continuous positive cycle, so this decline, no matter what, must rebound and rise. The US market rebounded to 2437 at 618, forming a sideways market. Today, the Asian market fell for the second time. In fact, there is a point here. According to the daily line pattern, today's cycle closed negative. This shows that the Asian market can be sold once, but this decline is not the beginning of a double top, which is a bit regrettable. For today, continue to look at the cycle: turn negative. But this negative turn is not selling, but buying the correction trend of rising, giving a better buying position. So, don't rush to buy. The current market is a typical oscillating rise, not a very strong rise. The price has not been continuous, so it is easy to come back. And today's Asian market fell: 1. The upper watershed 2433 line is formed. If it breaks through, it will continue to rise. 2. The daily cycle still has signs of falling. Yesterday's decline was large. Today's Asian market continued to fall, so there is no need to buy in the European market. 3. The top and bottom conversion position is 2427-2430. It is more aggressive to sell. Breaking the watershed 2433 is limited to intraday, below TP2410. 4. The position considered for buying today is 2395-2400. If this position is given, the probability of weakness today is very high. Therefore, this buying position is temporarily valid, waiting for the opening of the US market for new analysis.
OANDA:XAUUSD
by money-making-machine-