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Xauusdbuy

XAUUSD:Today’s Data Trading Strategies Initial jobless claims will be released in 30 minutes, which is expected to be favorable for shorts, so my trading plan is to go short. Gold is currently in an upward channel, with support around 2283, followed by around 2269. Based on the current price position, I am more willing to short at a high level. For this rise, my highest estimate is around 2319. There is not a lot of room, but on the downside, there are a lot of opportunities.
FOREXCOM:XAUUSDShort
by Allen_Ex
xauusd buy chartGold stays in a consolidation phase below $2,300 after reaching a new record-high above this level earlier in the day. The benchmark 10-year US Treasury bond yield holds steady above 4.3% ahead of Fedspeak, limiting XAU/USD's upside. Gold price (XAU/USD) retreats after hitting a fresh record high earlier this Thursday and extends its steady intraday descent through the first half of the European session. Bulls opt to take some profits off the table amid overbought conditions on short-term charts and a positive risk tone, which tends to undermine the safe-haven precious metal. Any meaningful corrective decline, however, still seems elusive in the wake of persistent geopolitical tensions stemming from the protracted Russia-Ukraine war and conflicts in the Middle East. Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast. gold now buy 2291 TP1 2295 TP2 2299 TP3 2304 TP4 2340 SL 2270
OANDA:XAUUSDShort
by Mark804
Gold buy confirm signal Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast. Gold buy now 2291 Target 2295 Target 2300 Target 2305 Target 2310 SL 2280
OANDA:XAUUSDShort
by JohnHarry_7
1
Get in on the Gold Rally as China and India Horde Supply!As many of you may know, China and India have been hoarding gold supply, causing a surge in demand and driving up prices. This is a clear sign that now is the perfect time to invest in gold and take advantage of this rally! Gold has always been a safe haven asset, especially during times of economic uncertainty. With the global economy facing challenges from the ongoing pandemic and geopolitical tensions, gold is a smart investment choice to protect your wealth and diversify your portfolio. So, don't miss out on this golden opportunity to capitalize on the current gold rally. Take action now and invest in gold to secure your financial future. Let's ride the wave of this gold rally together and see our investments grow!
OANDA:XAUUSD
by bryandowningqln
Opportunities to go long appear againDear friends, gold has pulled back to the 2288-2286 area as expected. First of all, congratulations to everyone. Our short position finally touched our target position, TP: 2288. At present, gold is under pressure to adjust downward after hitting the highest position of 2305. So where will gold fall? According to the current gold trend, gold is currently setting new highs every day, and there is no obvious peaking signal. Therefore, even if gold experiences a short-term correction, do not imagine that it will turn into a downward trend. We can currently find that gold is currently supported at 2285 and 2275. If nothing unexpected happens, I think gold will most likely rebound at these two positions. If gold pulls back to around 2285 and stabilizes, then there is a high probability that it will break through 2300, or even touch around 2320. If gold pulls back directly to 2275, then the strength of the counterattack may not be so strong. The probability will continue to be maintained in the 2310-2290 area. So in terms of trading, next I suggest that you enter the market in batches to do long gold around the two positions of 2285 and 2275. I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
OANDA:XAUUSDLong
by Trader_Manuel
1
Short-term adjustment, follow the trend and go long goldDear friends, gold has pulled back to the 2288-2286 area as expected. First of all, congratulations to everyone. Our short position finally touched our target position, TP: 2288. At present, gold is under pressure to adjust downward after hitting the highest position of 2305. So where will gold fall? To be honest, gold is currently setting new highs every day, and there is no obvious peaking signal. And our shorting gold in the transaction is nothing more than a short-term profit from a correction. But we must clearly understand our positioning in trading. We are always participating in short-term trading, so we must not fantasize about it turning into a downward trend. We can currently find that gold is currently supported at 2285 and 2275. If nothing unexpected happens, I think gold will most likely rebound at these two positions. If gold pulls back to around 2285 and stabilizes, then there is a high probability that it will break through 2300, or even touch around 2320. If gold pulls back directly to 2275, then the strength of the counterattack may not be so strong. The probability will continue to consolidate within the 2310-2290 area. So in terms of trading, next I suggest that you enter the market in batches to do long gold around the two positions of 2285 and 2275. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
OANDA:XAUUSDLong
by MagicTrader_Manuel
Gold Holds Strong Amidst Correction, Sales Perspective EmergesWarm greetings to all precious metals enthusiasts! Despite a slight correction, gold remains resolute in its elevated position, indicating continued bullish sentiment. Currently trading around $2256, down a modest 156 pips from yesterday, gold is undergoing corrective movements following a robust rally. Looking ahead, gold is supported by safe-haven demand amid expectations of impending interest rate cuts by the Fed. Ongoing geopolitical tensions are further fueling economic uncertainties in various countries, prompting investors to flock to gold. In the short term, a new peak seems to be forming in this high price zone, accompanied by the emergence of a downtrend line. If this pattern persists, gold may retrace to the 89 EMA should the support at $22,357 be breached. Today, let's lean towards a sales perspective, wishing everyone an enjoyable and profitable trading session!
FOREXCOM:XAUUSD
by MIA_MASTER
Gold prices consolidate near record highsGold prices (XAU/USD) enter a phase of bullish consolidation at the start of the European session, hovering within a narrow band around the $2,260 to $2,265 region, marking a new record set this Monday. Investors now seem convinced that the Federal Reserve (Fed) will begin cutting rates in June, a sentiment reaffirmed on Friday by the US Personal Consumption Expenditures (PCE) Price Index. Additionally, geopolitical risks stemming from the prolonged conflict between Russia and Ukraine, as well as recent tensions in the Middle East, provide further support to the precious metal as a safe-haven asset
OANDA:XAUUSD
by MIA_MASTER
Gold Surges to Near $2,285/ounce Amidst Weakness in US DollarThe world spot gold price is on the verge of surpassing $2,285/ounce, rising over $27/ounce compared to the same time yesterday morning. In the US market, the world spot gold price reached $2,285/ounce, sharply increasing by $29/ounce compared to the previous session's close. During this session, there were moments when the gold price almost reached $2,290/ounce, continuously printing new all-time highs. Despite positive economic data, the US dollar in the international market continues to decline sharply. Specifically, the Dollar Index - which measures the greenback's strength against 6 major currencies - fell sharply by 0.17% to 104.420 points. The sharp decline in the USD positively supports the increase in gold prices. As the cost of trading and storing gold in investments has decreased, investors are pouring their money into the precious metal.
OANDA:XAUUSD
by CaterinaGoldTrading
Gold Surges to All-Time Highs: Outlook and Support LevelsLast week, gold experienced a powerful price surge, reaching record highs and extending to today, with a leap to $2257 USD, up approximately $24 USD in the early hours of Monday trading. Gold is propelled by strong price momentum, benefiting from lower bond yields and a weaker USD. News of potential Fed rate cuts in the near future adds further impetus to this precious metal. Regarding today's and this week's gold trends, the long-term outlook remains bullish. However, gold may encounter resistance and undergo minor corrections after its vigorous ascent, requiring adjustments to solidify its upward trajectory. Anticipated support levels are around $2215 - $2222 USD. Wishing everyone a pleasant and prosperous trading week!
OANDA:XAUUSD
by LuxeFX_Trading
Gold Surges to $2,280 as Safe Haven Demand SoarsThe price of gold has experienced a remarkable increase, with spot gold climbing by $29.9 to reach $2,280 per ounce. This substantial surge on April 2nd, in US time, has been propelled by the persistent demand for a safe haven amid escalating tensions in the Middle East. Despite the strength of the US dollar and forecasts of interest rate cuts in the US, the gold market continues to defy expectations, consistently reaching new highs. Moreover, robust demand from retail investors and global central banks further contribute to the upward momentum of this precious metal. Considering these factors, a target of $2,289 for gold appears not only feasible but highly probable!
OANDA:XAUUSD
by LuxeFX_Trading
Gold will increase in pricePrice forms a higher high, but RSI forms a lower high. Subsequently, the price is expected to decrease. Important note: Bearish divergence at a peak often lasts longer than bullish divergence at a bottom. This is because peaks are driven by greed, while bottoms are driven by fear. Greed is an emotion that can persist over a longer period, whereas fear tends to be short-lived. In other words, the formation of a peak takes longer than the formation of a bottom. Many amateur traders often appear overly excited or eager to trade based on divergence between price and RSI. However, the advice is to wait for confirmation from price action. The example on the VN-Index demonstrates prolonged peaks and often smaller divergences (pink boxes) within the larger divergence. It is advisable to wait for price to break pattern formations such as flags, triangles, etc., before initiating trades.
OANDA:XAUUSD
by Rachel_FX
Gold Price Analysis: Short-Term Outlook The long-term, medium-term, and short-term trends all point to a bullish trajectory for gold. As long as gold maintains activity above the confluence support of the upper channel line (b) and the 0.786% Fibonacci extension level, short-term upward potential remains intact. However, in the scenario where the $2,244 level is breached below, gold could undergo a relatively moderate downward correction, with a short-term target at $2,223. Throughout the day, the gold price trend is expected to remain bullish, albeit with considerable volatility. Key technical levels to note include: Support: $2,244 – $2,223 Resistance: $2,265
OANDA:XAUUSD
by Rachel_FX
Already made more than 5K profit and continue to make profitsToday’s gold trading conditions are as follows: 1.Xauusd:@2178-2180 Sell, TP:2277 Profit: +$130 2.Xauusd:@2174-2176 Sell, SL:2277 Loss: -$1055 3.Xauusd:@2184-2186 Sell, TP:2277 Profit: +$1995 4.Xauusd:@2273-2275 Sell, TP:2268 Profit: +$2150 5.Xauusd:@2168-2166 Buy, TP:2273 Profit: +$2720 There was not much profit in gold trading today, only a profit of $5900 was made. Because ADP data will intensify short-term fluctuations in the gold market, for the safety of account funds, I basically set a very small TP, which limits my profits to a certain extent. But my trading principle is that the most important prerequisite is to protect the safety of the account principal, and the second is to strive for profits. We can see from the current gold trend that gold fell back again and tested support under the negative influence of ADP data. In the process, it did not fall below the 2265 position, so testing the short-term 2265-2260 area support is effective. Moreover, as gold fell back, funds waiting for long positions on the sidelines gradually entered the market, providing important support for pushing up gold prices. According to the current gold trend and market sentiment, gold still maintains a complete upward trend, and if gold's correction is discontinuous, gold will continue its upward trend. For now, I think gold will also test the 2290-2300 area. So in terms of trading, we can first consider going long gold after waiting for gold to fall back, first focusing on the support of the 2268-2266 area below; secondly, when gold touches the 2290-2300 area again, we can try to short gold again! I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
OANDA:XAUUSDLong
by MagicTrader_Manuel
3
Continuous profits! Continue to trade to generate profitsToday’s gold trading conditions are as follows: 1.Xauusd:@2178-2180 Sell, TP:2277 Profit: +$130 2.Xauusd:@2174-2176 Sell, SL:2277 Loss: -$1055 3.Xauusd:@2184-2186 Sell, TP:2277 Profit: +$1995 4.Xauusd:@2273-2275 Sell, TP:2268 Profit: +$2150 5.Xauusd:@2168-2166 Buy, TP:2273 Profit: +$2720 There was not much profit in gold trading today, only a profit of $5900 was made. Because ADP data will intensify short-term fluctuations in the gold market, for the safety of account funds, I basically set a very small TP, which limits my profits to a certain extent. But my trading principle is that the most important prerequisite is to protect the safety of the account principal, and the second is to strive for profits. We can see from the current gold trend that gold fell back again and tested support under the negative influence of ADP data. In the process, it did not fall below the 2265 position, so testing the short-term 2265-2260 area support is effective. Moreover, as gold fell back, funds waiting for long positions on the sidelines gradually entered the market, providing important support for pushing up gold prices. According to the current gold trend and market sentiment, gold still maintains a complete upward trend, and if gold's correction is discontinuous, gold will continue its upward trend. For now, I think gold will also test the 2290-2300 area. So in terms of trading, we can first consider going long gold after waiting for gold to fall back, first focusing on the support of the 2268-2266 area below; secondly, when gold touches the 2290-2300 area again, we can try to short gold again! I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
OANDA:XAUUSDLong
by Trader_Manuel