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Xauusdidea

GOLD-analyze The Federal Reserve's monetary policy meeting is expected to maintain interest rates at 5.25%-5.5%. Federal Reserve Chairman Jerome Powell's speech on Wednesday will provide more clues on expectations for a rate cut. Traders have scaled back bets on the Federal Reserve cutting interest rates this year as recent U.S. economic data has been stronger than expected and inflation continues to rise. Bond investors expect Fed Chairman Jerome Powell to sound hawkish at a news conference, likely stating that the Fed is in no rush to cut interest rates given persistent inflation and a still-strong labor market. In addition to the Fed's interest rate decision and Fed Chairman Powell's speech today, the US April ADP employment data and the US April ISM manufacturing PMI data will also be released, which requires focus. Yesterday, gold fell all the way without even a chance to rebound. This was something I did not expect. Since the market has already shown this trend, we can only follow the market. The current market is absolutely weak. Today, rebound selling is the main focus. The suppression points of concern above are the moving average suppression points of 2313, 2300, and 2295. But gold must fall below 2270 before it can completely turn into a downward trend. Otherwise, I think gold still has a chance to rebound to 2330-2344. The focus of today's market is after the release of the US ADP data. The impact of the data cannot be seen through technical aspects. We will wait for the data to be released before looking. Therefore, today's trading can wait for the resistance point to sell. Radical traders can sell near 2290. What if you don't know how to trade? Join me as I analyze and provide ideas every day
FX:XAUUSDShort
by UnknownUnicorn71050047
Falling below 2300, start going long goldGold fell to 2300 as expected and continued its correction to reach a minimum near 2293. Gold shorts have an absolute advantage. We followed the trend and shorted gold today near the 2323 position. Obviously, our short position was eliminated by hitting TP and making a profit. Congratulations on once again achieving good trading results! Gold is currently trading near the 2296 position, and gold once again hit the 2293 position to stop falling and rebound. I believe that after gold fell, many people are trying their best to short gold, and it is not even ruled out that many people are chasing short gold below 2300. In fact, in my opinion, I personally do not recommend continuing to chase short gold. On the contrary, we should consider gradually going long gold below 2300. Although gold is extremely weak after its sharp decline, it may even fall further. However, gold did not break through the 2290 area support. This situation is consistent with the situation on April 23. Therefore, gold may once again replicate the trend of April 23, start to stop falling and rebound using the 2290 area as support, and may build a new upward channel in the short term (the trend is as shown in the figure). Therefore, in short-term trading, I will gradually go long gold below 2300 in batches.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 alongwineer
2
Short gold, pointing at 2300!After gold fell below the upward structure today, it fluctuated all the way down. It stopped falling and rebounded after hitting around 2311. However, the rebound was relatively weak and it did not even touch the 2320 position. We currently still hold a short position near the 2323 position. Unfortunately, gold only touched near the 2311 position and did not hit TP: 2310. So what we need to do now is to wait patiently for gold to fall and hit TP. . Since gold has fallen below the upward structure, we cannot blindly insist on being bullish on gold. On the contrary, we should adjust our short-term trading strategies in a timely manner as the market changes. According to the current structure, gold has no ability to resist during the decline. Relatively speaking, gold's short position advantage is slightly better. As gold falls, multiple early supports for gold have turned into resistance. Now gold faces resistance in the 2320-2325 area in the short term, followed by resistance in the 2335-2340 area. The support below is the 2300 mark. According to the current situation, gold is expected to continue its correction and touch the 2300 area. Therefore, in the next short-term trading, we will change our trading strategy as the market trend changes. In short-term trading, we will mainly short on rallies.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 alongwineer
1
Gold XAUUSD Day trading Uptrend {30/04/2024}Educational Analysis says Gold XAUUSD may move in this range for some time according to my technical. Broker - This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why this range? Because the 15-minute time frame has made Change of Character show signs of weakness of the bear run, maybe long for the premium level in the 4-hour time frame, plus 1 min time frame has turned bullish also has Change of Character look on So I will be trading this pair for a 1:20.93 risk-reward ratio for long-buying. Let's see what this pair brings to the table in the future for us. Please check the Comment section on how it turned out for this trade. I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS, Happy Trading, Fx Dollars.
FOREXCOM:XAUUSDLong
by VishalBudhrani
2
GOLD-analyze Recently, the market has been discussing the impact of the geopolitical situation and US economic data. In terms of the geopolitical situation, Israel continued its air strikes on the Gaza Strip on Monday, causing many injuries. However, at the same time, the two sides have begun to enter the negotiation stage. Hamas leaders arrived in Cairo to hold a new round of talks with Egyptian and Qatari mediators. The results of The impact is yet to be determined. In terms of data, important data for the week will be gradually released starting from Wednesday. Judging from the trend of gold yesterday, it fell rapidly around 2336 and once touched 2319 and started to rebound. The European market stabilized at 2330 and continued to rebound to around 2344 and then reached the lowest level of 2326. Then it stabilized again and rebounded for a second time to reach a new high and hit the 2346 line. Then It fell back under pressure again, a very obvious consolidation trend Today we still view gold in a range. You can sell high and buy low based on the resistance and support on the chart. Yesterday I said that if the closing price is higher than 2340, the possibility of rising today will increase, but yesterday's closing price was around 2335 , so today we mainly sell Gold is now near yesterday's important support point of 2320. Now you need to observe whether it can get support again here. Aggressive traders can use small lots to buy and set SL strictly. Again, the market changes rapidly, and real-time analysis makes it easier to make profits. You need to adjust your strategy in time according to market trends. The above ideas are for your reference. What if you don't know how to trade? Join me as I analyze and provide ideas every day
FX:XAUUSD
by UnknownUnicorn71050047
Profited $11K, continue to be long goldToday we made a nice profit on both long and short gold trades. First, we shorted gold near 2337 and 2342, and gold hit TP during the fall: 2330; after gold fell back, we went long gold below 2330, and gold hit TP again during the second bottoming process: 2340,We took profit by hitting TP on both trades, resulting in a profit of over $11K. Today's results are very good for the first trading day of the week. Gold fluctuated and rebounded today after testing below 2320. We can see from the recent gold trend that although the gold trend is relatively weak, gold has repeatedly rebounded after testing support, and multiple long lower shadow lines have appeared below, proving that the buying support below is strong. As for the short-term structure of gold, gold has successfully built a double-bottom structure during its bottom-out and recovery process, which is conducive to gold's continued rebound. As the recent lows continue to move upward, gold has formed a perfect upward channel in the short-term structure, and gold is expected to continue its rebound. The current short-term resistance of gold is in the 2350-2355 area. If gold breaks through this area, gold's short advantage will be gone, and gold will try to hit the upward channel pressure area of 2360-2365.If gold continues its rebound and breaks through this area, gold will have the opportunity to try to touch above 2390 again, or even 2400. Therefore, in the next short-term trading, we will change our trading strategy as the market trend changes. In short-term trading, we will mainly go long gold on the fallback.Only when gold touches the 2355, 2365 position area for the first time, we may have the opportunity to strive for gold correction profits. 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 alongwineer
1
Mainly go long gold in the 2320 support areaToday, gold fluctuated and recovered after testing near the 2319 position. It hit near the 2344 position and then stagnated again. Gold is currently trading near the 2335 position. At present, we can see that gold as a whole is weakly fluctuating in the 2345-2315 area. What I have given you today is the gold short trading strategy and signals, short gold in the 2336-2340 area and 2340-2345 area respectively. At present, our gold short position has made a good profit. According to the strength of the current market, it is difficult for both gold bulls and bears to continue, so it is difficult for gold to form a unilateral market in a short period of time. However, gold has been supported in the 2320-2315 area many times, indicating that the buying support below is strong.Then if gold has sufficient buying power, it still has room to try to hit the 2355-2360 area. Once gold breaks through this area, gold's short advantage will disappear, and it may even try to test the 2390-2400 area again. In the current market trading, if gold does not make a strong breakthrough, then gold can still be regarded as oscillating in the 2345-2315 area as a whole. Then our trading rhythm is very simple, and we carry out high-sell and low-slag operations in this area. In addition, what needs to be noted in trading is that if you have profits, you must harvest them in time. Don't always covet the profits at the lowest point and the highest point. We will be satisfied if we can get most of the profits in the middle. 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 alongwineer
Profited $63K this week, will continue to short goldFirst, let’s summarize this week’s trading situation. There were a total of 22 transactions in this week’s trading day, of which 3 transactions suffered losses, with a total loss of about $3.4K. Almost all of the other 19 transactions were made by hitting TP and making a profit. It is about FWB:67K , so the net profit this week is $63K, and the trading winning rate this week is as high as over 86%. It is a very good trading result. I will start a new trading journey tomorrow.I hope we can achieve better trading results in the new week! How do you view the next gold market? Judging from the recent trend of gold, gold's unilateral rise has continued to reach new highs and was blocked near 2430. After geopolitical tensions eased, market risk aversion dissipated, and gold bears counterattacked, falling as low as around 2290 to find support. However, the decline has not been well extended and has not been able to effectively fall below the 2300 mark, indicating that there is still a large amount of buying support below. Then it began to rebound in shock, and on Friday it rebounded and hit the high of 2354 for testing. Although the current correction of gold is limited, the lows have begun to move upward slowly, and the short-term upward channel remains intact.But I think that 2430 is a clear peak, and the 2400 mark has been failed to be successfully crossed after multiple shocks.Now that the high level is gathering momentum, the price has fallen back, and the decline is still expected to continue. However, due to the large amount of buying support from the bulls, a complete decline needs to digest the bulls’ momentum before it can proceed further. Next, we need to focus on the 2355-2360 area.If gold fails to effectively break through this area multiple times, gold will continue to fall back. In trading, the current market fluctuations are actually not small, which is beneficial for short-term trading. However, what needs to be noted in trading is that if you have profits, you must harvest them in time. Don't always covet the profits at the lowest point and the highest point. It is already very good to get most of the profits in the middle. 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 alongwineer
Gold trend analysis and trading advice The price of gold rose to a maximum of $2,352 today. It was hindered by resistance from above and could not continue to rise. Subsequently, it was affected by the annual rate of the core PCE price index in March and now maintains a downward trend. The market situation is changing rapidly, so it is particularly important to accurately judge the impact of the news and grasp the rhythm at this time. If an individual trades blindly, the probability of losing money will be very high. Only by grasping the market trend can you be invincible in trading. The latest important support and resistance levels for gold prices: Support level: $2310; $2295; Resistance: $2,361; $2,372 Trading operations: Go short after gold rebounds and go long after it falls. I share trading strategies and trading ideas every day. ⬇⬇⬇Get detailed trading signals so that everyone will no longer be confused when trading. I hope that with my help, everyone can achieve good results!
OANDA:XAUUSDShort
by Gold_Digger_King
Profited $12K, continue to short gold after reboundIf you are my follower, I believe you must have followed my trading strategy of shorting gold in the 2345-2350 area. The gold market did not disappoint us. After hitting a high of 2352, gold's rise stalled and continued to fall. The lowest fell back to around 2329. So our gold short position went on to make very substantial profits and once again maintained a 10-game winning streak on the trading record. I just did some statistics and found that I made a profit of FWB:12K in gold trading today, and a total profit of $63K this week including today. In my opinion, this is a very satisfactory trading result.Looks like I'm going to have a nice weekend. After all, as a full-time trader, work is trading, and the rewards from work are used to enjoy life and create value. Because today is Friday, and gold is once again in a volatile trend, with relatively little volatility, so if there are no good trading opportunities, I may end today's transaction. But as far as the current gold market is concerned, although gold has rebounded again, I think it is best not to chase gold now. Because gold has fallen since around 2350, it has limited the room for gold to rise, and the strong resistance above has been confirmed again, so even if gold rebounds in the short term, it will be difficult to sustain. Therefore, my suggestion is to participate in shorting gold again after the rebound, and the target area for shorting gold is the 2340-2345 area. 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 alongwineer
Boldly short gold in the 2345-2350 areaGold rebounded to above 2340 in the short term, which looks very strong. However, from the perspective of the entire rebound process, although gold has continued to consolidate the bottom during the rising shock, it has provided solid support for gold's rise. However, judging from the overall rebound strength, gold is currently not enough to form a reversal trend. It should only be seen as a repair to this round of decline. So overall, gold's rebound is not strong, so there are still good short-selling opportunities in trading. The current short-term resistance of gold is the 2350 area. Technical pressure is all concentrated in the 2350-2355 area, and this area is exactly 50% of the downward trend from 2417 to 2291, so the 2350 area is a relatively strong resistance area. . Therefore, in trading, we can first boldly short gold in the area near 2345, and then add short gold in the area near 2350. Then just wait for gold to fall and profit! 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 alongwineer
Already made $27K in profit, next profitable trading planToday can really be considered a bumper harvest. I participated in 9 long and short short-term transactions during the day. Only two of the transactions totaled a loss of $585. The other transactions were basically all profits after hitting the TP.As of today, the net profit has exceeded $27K. It can be said to be a very good trading result and has greatly exceeded my expectations! I'm very pleased with today's trading results! Some friends are very fortunate to have followed today’s trading signals, and they have reported that they have made very good profits. Congratulations to everyone! According to the current gold trend pattern, gold has repeatedly tested the support of the 2305-2300 area during the adjustment process and established that the support is effective. As the lows continue to move upward during the shock process, a reliable support has been built in the 2320-2315 area, and formed a short-term bottom structure in this area many times, laying a solid foundation for today's gold rise. At present, gold's short-term rebound structure has reached its highest point near 2345. Gold has shown signs of getting rid of the shock structure in the 2335-2315 area, so gold still has room to continue its upward rebound. Therefore, in short-term trading, I have always emphasized that we cannot be overly bearish on gold, because the bulls have still not given up. Constantly testing and building solid bottom support during the callback process will be more conducive to gold going higher during the rebound process. So now we first focus on the support in the 2325-2320 area below, and the resistance in the 2350-2360 area above. According to the current form, it is entirely possible for gold to hit 2350 or even 2360. Of course, there will be recurrences in gold during this process, so as long as we grasp the rhythm in the transaction, both the long and short parties will still have good profit opportunities.we will even get better profits than today! 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 alongwineer
Get ready to start short-term gold sellingToday, I went long gold at 2310 and 2305 respectively and made a very good profit. Gold is currently trading around 2329. Judging from the recent trend of gold, gold has repeatedly touched the 2305 position area and quickly recovered, and this area happens to be the dividing line of the upward trend, indicating that although the bullish momentum has weakened compared with the previous period, there is still room for defense.this is also the reason why gold’s adjustment has not been effectively extended. According to the current trend pattern, although gold is in a correction trend as a whole, unlike the previous unilateral rise pattern, gold is sweeping back and forth during the adjustment process.The non-continuation of the callback sets the tone for a shock adjustment. Therefore, we must master the trading rhythm during the trading process, and never chase the rise and kill the fall! Only in this way can you make stable profits in both long and short transactions! Gold is currently trading near the 2330 area. According to the current situation, gold still has room for a rebound. Above 2330, I will consider gradually starting to short gold. The top will focus on the short-term resistance area of 2335-2340, and the bottom will first focus on the short-term support area of 2320-2315. I will 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 said yes, let us enjoy the journey of making money together!
OANDA:XAUUSDShort
by alongwineer
7 consecutive intraday trading wins, then go long gold!Today, I shorted gold near 2330 many times and went long gold in the 2318-2315 area many times. I achieved 7 consecutive short-term trading wins during the day and made a total profit of more than $19K. It should be regarded as a relatively good short-term trading result! During the rebound, gold continued to rise with a strong positive line, reaching the highest level near 2337. The rebound strength increased, and the market bulls were eager to try again. Judging from the short-term trend, although gold has fallen back many times after rebounding, it has found support in the area near 2315. As the lows continue to move upward, gold has obvious signs of concussion and bottoming. Now, gold is constantly testing and consolidating the support in the area near 2320 during the decline. If the support is tested once it is effective, then gold will initially have the conditions to attack the 2350-2355 area again. Therefore, according to the current gold trend pattern, since gold has shown signs of oscillating and bottoming out, and has shown strong resilience during its decline, we still cannot be overly bearish on gold in short-term trading.We might as well try to go long gold in the 2325-2320 area. I share detailed trading strategies and trading signals every day to help everyone correctly understand trading logic and identify trading traps. After all, only the longer you survive in the market, the more profits you can make in the market. Control risks and profit is king. You can follow the channel at the bottom of the article to understand and obtain detailed trading logic and trading signals in the first time.
OANDA:XAUUSDLong
by alongwineer
GOLD-analyze What everyone needs to pay attention to in the near future is further news on the situation in the Middle East and economic data from the United States. The geopolitical situation has slowed down. For the time being, Israel, Iran, and Hamas have no radical actions or battle plans. The market is a little calm, and the safe haven of gold is not so obvious. In terms of U.S. data, all data are looking for a slowdown in the U.S. economy. There is no clear result yet on the plan that will be enough to further reduce inflation. Today we need to pay attention to the performance of the initial monthly rate of durable goods orders in the United States in March. The current market expectation is for a month-on-month increase of 2.5%, which is slightly negative for gold prices. Yesterday, gold reached a low of 2291 and closed at 2322, indicating strong support below. Today we will temporarily treat it as a range, with a large range of 2290-2350 and a small range of 2300-2344. Above 2300, gold is still in an upward trend, but it is a weak trend, so buying is still the main trend, and selling needs to be cautious. I marked the support and resistance on the chart. You can buy in the support range or sell in the resistance range. Arrange your transactions reasonably according to your own funds. If you don't know how to trade, join me and I will analyze it every day
FX:XAUUSD
by UnknownUnicorn71050047