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Xauusdbuy

Gold has plummeted, how to trade gold next?After reaching a high on Friday, it fell sharply, giving up all the gains this week. The daily candlestick chart closed with a big negative line, and the weekly line turned down. On Friday, I made the following tips in my private channel: Today is Friday, and it is not ruled out that the main market players took the opportunity to sell, under which circumstances, the gold price was suppressed. In addition, it is currently facing resistance in the 2365-2370 area in the short term. So what we have to do today is to stop chasing the gold price and avoid the risk of chasing more. In terms of trading, we can try to short gold. Obviously, we won a big victory in Friday's trading! We shorted gold with the 2365-2370 area as resistance. Obviously, gold successfully hit the target price in a sharp decline. Personally, I made more than $50,000 in gold trading this week, and maintained a 100% winning rate in trading. Very good results! Gold rebounded after hitting a low of 2317 on Friday. Obviously, the 2315-2310 area still has some support for gold. Therefore, we should not aggressively short gold in trading before gold falls below this area. If gold falls back first at the beginning of the week, we might as well try to go long on gold with the 2315-2310 area as support; the upper short-term resistance area is 2325-2330, and the second key resistance area is 2340-23456. If gold rebounds first and approaches any resistance area, we can choose to short gold! I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by Trading-Hawkeye
XAUUSD:Entering the bearish zone, target around 2268 Gold rose sharply yesterday, breaking through the 2352 resistance in one fell swoop, and is currently located near 2360. The chart is now entering the triangle consolidation stage. After the price breaks through 2352 and stabilizes above it, the resistance has turned into support. Then in the next consolidation stage, the first support to focus on is the area near 2352. The upper resistance is based on the previous high point, which is located near 2368, 2374, 2379 and 2383 respectively. Today, we can focus on 2368-2374. If we enter this range, we can sell directly, and the probability of profit is more than 80%. After the price reached above 2352, my overall trading strategy has changed from long to short, and I will do trend-based medium-term trading, with the target maintained near 2268, just like our previous short target near 2280 and the long target at 2352. It takes a time to complete, so if you want to follow, please be patient!
FOREXCOM:XAUUSDShort
by Allen_Ex
XAUUSD: Big Swing Buy Coming Up Worth 2200+ PIPS! Dear Traders, Gold rejected at $2450 and dropped more than 1200+ pips, indicating a strong bearish takeover. Still we expect the same to continue, as bearish momentum is so strong that price ranged between 2330-2340 area for a long period on Friday. Which suggested that bears large number of volume Is still there in the market. Going forward, we can expect price of Gold to drop around 2280-2290 this key level remain strong for buyers. That move will be worth thousands of pips we expecting around 2200 pips if not more targeting 2500$ which will be record high. **Please like and comment the idea, for more do follow us which will encourage us to bring more educational chart analysis** Do your own analysis, always follow risk management. Team SetupsFX_
OANDA:XAUUSDLong
by Setupsfx_
33
XAUUSD: Next week we can see bullish dominance: 2000+ pips move!Dear Traders, Upcoming weeks we can see strong bullish price momentum to continue, price successfully rejected at 2290 and then rebounded strongly. Another confirmation that we have is when price reconfirmed the 2300 area where we saw how strongly price moved. These are the two main confirmation that has given us enough confidence to be sure of how upcoming direction the price can be going towards. **If you like the idea then please like, comment and follow us which will encourage us to bring more educational ideas like this** Team Setupsfx_
OANDA:XAUUSDLong
by Setupsfx_
11
XAUUSD: Bearish trend, target 2268 Gold found short-term support near 2300 and rebounded again. It is currently around 2330. The large-scale indicators show that the bullish force has not been fully released. There is a high probability that there will be another wave of upward market in the US market today or early next week. The strong resistance will be mainly concentrated around 2352. At that time, the release of bullish force will end and enter the buffer period. If the indicator cannot form a bullish trend again, the gold price will return to below 2300. The next short target will be around 2268. At present, my trading strategy will be mainly short.
FOREXCOM:XAUUSDShort
by Allen_Ex
xauusd analysisin the past fee days we can find that xauusd is accumulating in a particular zone of 2325-2332 area. where 2322 is showing a great resistance to the bull and a big zone for bearish reversal. SO WHAT WILL HAPPEN IF THIS ZONE IS BEEN BROKEN? See if this zone is broken xauusd will be tested at 2336 and if this is broken xauusd will go through resistance zones at various point including, 2348 2355 2366 2376 2388 2396. 2421. so eventually this zone can now considered as a pivotal point for the upcoming market movement. In the alternative scenario what will happen if xauusd again retraces from 2332 area? it will be falling to the support area as follows< 2312 2306 2295 2282 2282 2267 2240 Both the bearish and bullish speculations have 50:50 chance. like boost and follow us for more market related updates and news
OANDA:XAUUSD
by realmillionairefx
XAUUSD - sideways - plummeted then skyrocketedGold these days multiplied returned to 2330 however as I can see, in line with a massive body like D1, Gold remains under Ma20.34. With the Price Model, I see that Gold may be very just like the Trendline and could maintain to decrease. Regarding Surfing Trade, you may nonetheless Buy GOLD these days. But in my opinion, every person ought to wait to promote to be safe Watch Sell Gold on area 2334>2336 SL 2338 City 2326>2318 Buy GOLD round 2318>2320 SL 2316 City 2328>2335 Today, every person simply comply with this fashion to go into orders. If there may be a robust boom or decrease, I will replace further With the Fed`s fundamental message being that inflation stays excessive and the Fed desires to hold its tightening coverage stance for some time longer, the DXY index - which measures the dollar's moves towards six primary currencies - climbed to 105-106 factors, thereby placing superb strain on gold costs. However, records that overall retail income withinside the US in May accelerated at a low level, now no longer assembly expectations, pulled the DXY index from 105.five factors at the start of the consultation right all the way down to 105.three factors. Gold costs thereby accelerated swiftly once more. According to americaA Department of Commerce, overall retail income in May best accelerated with the aid of using 0.1%, decrease than the 0.three% boom as forecast with the aid of using economists. In April, overall retail income had been adjusted to a lower of 0.2%. Gold fee forecast Despite growing pretty strongly once more, valuable metals are nonetheless below promoting strain at a time whilst the USD is predicted to dangle excessive for plenty months to return back withinside the context that the Fed continues to be careful approximately the opportunity of Inflation may also return. When the Fed has now no longer but reversed direction to lessen hobby rates, the dollar continues to be at a excessive level, thereby negatively affecting gold. Gold is forecast with the aid of using many groups to be below promoting strain at some stage in the summer time season months earlier than turning into fine once more on the cease of the year. However, valuable metals are presently strongly supported on the mental threshold of 2,three hundred USD/ounce.
OANDA:XAUUSDLong
by TheLeader_WOLF
Go long first, then short goldGold continued to fall today, but it is still in the range of shock market. According to the current strength of the decline, the room for gold to fall should be limited. After gold fell to the low point of 2310-2305 area, it is obvious that the willingness to buy is gradually increasing! And gold gradually began to show signs of counterattack in the short term. However, with the current market momentum, it will take time for gold to rise. So in terms of trading, we can first consider short-term long gold. After all, shorting gold now does not have much profit space in the gold fluctuation range. Therefore, we can now boldly go long gold in the 2310-2305 area and patiently wait for gold to rise! Of course, market trading must be forward-looking, not just focusing on the market that has already come out! I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDLong
by Trading-Hawkeye
1
XAUUSD Gold Mines Stealing PlanMy Dear Robbers / Traders, This is our master plan to Heist GOLD mines based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned 2 Plans with target in the chart focus on whether Long or short entry. Our target is Red Zone for Bulls and Green Zone for Bears that is High risk Dangerous level market is overbought & Oversold / Consolidation / Trend Reversal at the level Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
ICMARKETS:XAUUSD
by Thief_Trader
Gold prices have a clear downward trendGold Last night, I noticed that there has been a mild lower in beard withdrawal to the 231x area. The fashion in D1 and H4 is displaying Decrease. Meanwhile, the small frames are displaying clean symptoms and symptoms of boom. In my opinion, Gold could have mild corrections underneath 2303>2306 for one greater beat earlier than it is able to boom strongly. If Gold will increase strongly nowadays thru the vintage response sector of 2335>2336, it's going to in all likelihood be driven as much as 235x soon. Trading Plan for Today Canh Buy GOLD 2318>2321 SL 2316 City 2326>2336 Sell Gold According to Ma89 on H4 and D1 round 2336>2340 SL 2343 TP 2325>231x Buy Chasing the fast fashion and looking ahead to clearer response factors of Gold earlier than Selling Everyone -- Gold fee forecast Analysts say that even though the Fed has time and again not on time reducing hobby charges withinside the context that inflation remains a ways from the 2% target, falling hobby charges at primary banks nevertheless help gold. According to a survey with the aid of using Kitco News, 62% of specialists and 54% of retail buyers expect that gold will hold to boom in fee withinside the close to future. Alex Kuptsikevich - senior marketplace analyst at FxPro anticipated that the electricity of the USD in conjunction with excessive bond yields are nevertheless barriers for treasured metals. He stated that gold`s help degree of 2,three hundred USD/ounce appears fragile.
OANDA:XAUUSDShort
by TheLeader_WOLF
Gold prices may skyrocket this weekBuy 2322-2320 TP 2330 - 2345 SL 2310 Forecast James Stanley - senior marketplace strategist at Forex.com - is one of the specialists forecasting gold charges to upward push subsequent week: "I am looking longer-time period variety resistance, round 2,075 -2,082 USD/ounce for long run support". Sharing the equal opinion, Colin Cieszynski - Chief Market Strategist at SIA Wealth Management said: "I am positive approximately gold subsequent week. It looks as if gold is prepared for a technical recovery." In addition, thirteen Wall Street analysts participated withinside the Kitco News Gold Survey. Experts are drastically greater positive approximately the short-time period potentialities of valuable metals. eight specialists (accounting for 62%) count on gold charges to upward push better this week. Only analysts (or 15%) are expecting charges will decline. The last 3 people (equal to 23%) count on gold to exchange sideways subsequent week. Meanwhile, 216 votes had been solid in Kitco`s on line poll. Of these, 117 traders (equal to 54%) are expecting gold charges will boom subsequent week. Another forty nine people (equal to 23%) are expecting valuable metals will lower in price. While 50 people (equal to the last 23%) forecast that gold charges can be flat subsequent week./.
OANDA:XAUUSD
by TheLeader_WOLF
The gold market is showing a clear downward trendGOLD ultimate night time had a decline again to the 229x area. Regarding the primary trend, Gold is presently in a downtrend. As for rate and in keeping with technical analysis, I see that Gold continues to be growing in reaction to the buildup regions of the Buyers. >This Friday, all buyers can discuss with Canh Buy Gold 2302>2305 SL 2300 TP 2313>2320 >Sell Gold in keeping with the response of MA and Yesterday`s border Around 2322>2326 SL 2328 City 2315>2306 These are the Price zones I will wait to trade. If you guess short, you may purchase small and wait till the 2x area to promote again -- Gold fee forecast The gold marketplace is below strain as current US monetary facts suggests that the Central Bank of this united states of america will best have one hobby charge reduce this year, in preference to 3 as predicted in March. However, , a few economists be aware that the opportunity of hobby charge cuts continues to be possible. According to North American economist Ashworth of Capital Economics, any choice on financial coverage with the aid of using the Fed will rely on the fitness of the economy. According to him, the opportunity of reducing hobby fees as early as September may want to manifest if upcoming US monetary reviews display that the exertions marketplace is weakening and inflation has a tendency to lower sharply. Investors are predicting that 64% of the Fed will reduce hobby fees in September, down from 71% formerly predicted.
OANDA:XAUUSD
by TheLeader_WOLF
Gold insider information.The U.S. PPI data in April was strong, rising 0.5% month-on-month, 0.3% higher than expected. Core PPI also rose 0.5%, while the expected 0.2% was. However, both March PPI and core PPI were revised down from 0.2% to -0.1 %, the sharp downward revision of March PPI moderated the unexpected increase in April PPI. Powell's speech was also half hawkish and half dovish, which resulted in the data and speech having a limited impact on gold prices, but he also stated that the next step is unlikely to be to raise interest rates. Meanwhile, geopolitical concerns boosted gold as Israel massed troops in Rafah after ceasefire talks broke down in Gaza and U.S. officials said a full-scale offensive was possible in the coming days. U.S. CPI data for April will be released in the evening. If the data is weak, it will be beneficial to postpone the interest rate cut.
OANDA:XAUUSD
by Mark-VIP008
1