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Xauusddaily

Grasp the trading opportunity of $10 or even $20 profitDuring the Asian-European session today, gold basically fluctuated around 1920, and there were no good trading opportunities. So for the time being, I haven't traded gold yet. Although I haven't traded gold, I have reminded everyone not to chase long gold near the 1920 position.At least for now, it has reduced a loss for friends who want to chase long gold, because gold has fallen back. In addition, the trading strategy of shorting crude oil that I shared with you has successfully reached our profit target and also achieved good profits. For the current gold, it is definitely not possible to chase more directly around and above 1920, because the short-term resistance is in the 1923-1925 area. Once gold cannot break through this resistance area for a long time, then gold may start a callback again.So now we need to pay attention to the breakthrough of this resistance area to determine our next gold transaction. At present, the lowest level of gold has fallen back to around 1912, so there will definitely be a good trading opportunity to go long on gold. As I said yesterday, if we can seize this trading opportunity, we can at least grasp a $10, or even a $20 trading profit. I hope everyone can cherish this trading opportunity. Next let us wait and see! There is no fluke in the market, we need more time to look for opportunities and be good at seizing them. And I spend a lot of time every day researching the market and profiting from it. Similarly, I also make more detailed trading plans and trading signals based on the market every day. The article has a certain lag. In order to grasp the market dynamics and trading plan in time, you can follow the bottom of the article to master the wealth code and create your own wealth!
OANDA:XAUUSDLong
by AntonioWilson
Gold Continues the bull runDear Traders what a Fantastic week it was last week, as Gold break the Resistance level at 1983.5 in the 4HR timeframe and now doing a pullback to mitigate the value gaps that were left behind. Last week I predicted using the Fib and indicated that Gold could retrace to the 0.786 zone on the Fib which is also an area of value and Gold has really gone to the 0.786 Fib zone. We keep to our plan to buy from dip. The breakout at 1983.5 has open the move to 1993. The yellow metal was rejected at the 0.786 and form a Doji candle that signal a reversal. Bullish Target; 1983.5, 1993, 2022.3, 2047.04. Bearish Target; 1965.9 DONE, 1957.6, 1939.6, 1929.5 Dont forget to hit the like, share, comment and follow bottom. Your engagement with our post inspires me to work hard and give you accurate predictions. #Vimhype
OANDA:XAUUSDLong
by Vimhype
Multiple Timeframe Update on GoldGold keep on the Bull run as we indicated in our previous analysis that the bull is aiming to reach new high, today we saw the yellow metal rising up and breaking resistances but was rejected in the daily resistance zone around the 1983.54 we expect the metal to pullback and gather momentum to continue it bull run and break the resistance. Our long term plan to buy the metal is still in place as the metal bounces back on track. Our ideas on Gold has been fantastic you can check through previous analysis, so a follow, like, comment, and share will be appreciative. Bullish Target; 1970.3 DONE. 1983.5 DONE. 2022.3, 2047.04 Bearish Target; 1939.6, 1929.5, Dont forget to hit the like, share, comment, and follow bottom.
OANDA:XAUUSDLong
by Vimhype
XAU/USD PRICE ACTION WHAT DO I SEE...? OHHHH PRICE ACTION WHAT DO I SEE...? We are in a NO TRADE ZONE: waiting until after the range. -Watching the 4hr for a closure below the range. @ 1958.01 -or closure above the range @ 1958.04 Month Closed=Bearish Weekly Closed=Bullish Daily Closed= Bullish 4Hr=Bullish Entry Idea= NFA=(not financial advice) Sell @ London - Entry= 1956.46 Tp1 (50%) 1952.92 Tp2 (Close All) 1945.77 If the closure goes to an fakeout then my Buy Move is this... Happy Trading You Snipers! Entry TP1 50% -1966.11 TP2 - 1969.51 Learn to Manage Risk Have Patience and Take your time trading! No rush. Remember if it's not your trade, It's not your trade don't take it. This is What I Plan to trade and if it comes it comes if it doesn't I will walk away happy knowing that I did what I was supposed to as a trader and that to sit on my hands until I see MY TRADE SETUP! @ChiquitaShantay
FOREXCOM:XAUUSD
by SlayQD
XAUUSD - GOLD CURRENT SITUATION#XAUUSD According to the analysis we gave to the previous XAUUSS, downside wave, GOLD went down very fast. Due to the positive sentiment of the dollar, the US10Y increased. Then It became Gold SELL. Some fed comments and nfp data were very helpful. But the next day all those LABOR DATA and INFLATION DATA INDICATORS were positive, so GOLD was slightly SOLD. It's definitely the most important indicator for the FED. Market RISK is currently off. This week CPI DATA became quite positive. Anyway, we expect GOLD to be down to level 1936. Before that GOLD 2072 level can be up with FOMC UPDATE. Pay attention
OANDA:XAUUSD
by benny_marshall
Will gold rise?Intraday trading has made 3 consecutive profits!Gold rebounded from its lowest in 1974 yesterday, and its highest has rebounded to near 2001. Is the gold market about to reverse and return to the upward trend? I don't think so, because gold is currently in the form of flag-shaped consolidation in the short term, and it has encountered obstacles at the channel line many times. Before effectively standing on the flag-shaped channel line, gold is still in a weak position.According to the structure of gold, only when gold is effectively standing above the 2010-2015 resistance area can gold be judged from weak to strong. At present, gold has fallen below 1990 many times in the short term, which also proves that gold has still not reversed its decline, so there is still room for gold to pull back.It is precisely because of this that the gold we sold around 1998-2000 three times in a row during the day has achieved very good returns, which has added a touch of color to our income today. In the short term, the top of gold first pays attention to the resistance near 2000, and further pays attention to the resistance near 2008-2010; the bottom pays attention to the support of 1985, and further pays attention to the support of 1976.
OANDA:XAUUSDShort
by Short-term-king
XAUUSD: Buyer's long-term strategy!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ The world's reserve currency has been misused by American politicians, bureaucrats, and central bankers who have failed to manage their finances responsibly. Instead, they have recklessly increased their debt to other countries, which has led to a growing concern among international central banks. They fear that the debt will not be repaid in a fair currency but instead in rapidly declining Federal Reserve notes. This realization has prompted an unprecedented increase in sovereign gold purchases by foreign central banks, who are aware of the risks involved. It is crucial that individual investors also recognize the situation before it is too late to protect themselves from a potential currency crisis. Note: Full TP, SL for winning the market and safe trading!
OANDA:XAUUSDLong
by Sphyn-Trader
15
XAUUSD - GOLD CURRENT SITUATION#XAUUSD According to the analysis we gave to XAUUSS earlier, the DOWNSIDE WAVE, GOLD went down very fast. Due to the POSITIVE SENTIMENT against the dollar, US10Y rose due to this. Then Ibem became a GOLD SELL. Some FED COMMENTS and NFP DATA were very helpful. But last day all those LABOR DATA and INFLATION DATA INDICATORS were POSITIVE, so GOLD was slightly SELL. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being OFF. CPI DATA was quite POSITIVE this week. Anyway, we expect that GOLD will go UP to 2070 LEVEL. After that, GOLD may go down to the 1855 level with the FOMC UPDATE. Be careful..
OANDA:XAUUSD
by benny_marshall
XAUUSD: Bullish Pennant!In early Asia, the gold price XAUUSD is under significant strain due to the increase in pressure to use US inflation, following OPEC+'s surprising announcement of production cuts at the end of the week. The valuable metal has fallen below $1960.00 as there is hope that the Federal Reserve (Fed) will maintain higher interest rates for a longer period. With the expectation of a boost in the US growth rate, higher oil prices resulting from conflicting output cuts will make it impossible for the Fed to maintain a stable monetary policy in May. The US Dollar Index (DXY) exceeded 102.70 due to the anticipation that the Federal Reserve (Fed) will continue to increase interest rates by 25 basis points (bps) to reach 5.00-5.25%. As a result, S&P500 futures contracts experienced a significant decline during early Asia, indicating a need for caution regarding the general appetite for risk. No information has been left out in this paraphrased text. The Relative Strength Index (RSI) (14) has entered a descending range between 20.00-40.00, indicating that Gold must experience a decline in order to maintain its upward momentum. No information has been left out in this paraphrased text.
OANDA:XAUUSDLong
by Sphyn-Trader
3