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Xauusdidea

Go long gold directly, targeting the 2325-2330 area.During the day, gold fell back from above 2330, and the current lowest has touched around 2312. The current short-term trend has started to stop falling after multiple long upper shadow lines appeared during the continuous downward trend. During the decline, the energy of the bulls still showed strong resilience, and the short-term trend began to fluctuate and build a bottom. Although the overall trend was bearish, But after the rebound, there will be better room to fall. So in terms of short-term trading, if you read my last article, you should consider following me to do long gold in the 2316-2314 area, TP: 2325. If you have not participated in the transaction,I still insist on the short-term long gold view and boldly go long gold in the 2316-2314 area. After gold rebounds to the 2325-2330 area, I will consider backhand shorting gold. 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:XAUUSDShort
by alongwineer
2
XAUUSD: Is there a reversal in gold? From the point of view of the one-hour chart, gold has broken through the track from the upward channel, and the trend after the breakthrough is temporarily concerned. If it is a false breakthrough, the trend will return to the channel room, when we still maintain the idea of dips. If it is a real breakthrough, the lower track of the uplink channel will form a counter-suppression, and pay attention to the performance near 2370 to make a decision! Today, gold jumped low open, the lowest fell to around 2351, the day's maximum drop of 370 points, around Israel and Iran tensions have cooled, which makes the risk aversion has eased, thus putting pressure on the gold price, from the hour chart is indeed a downward breakthrough, focus on the strength of the rebound to consider short! Want to do more can consider 2344 and 2330 support performance! I will announce the entry time in my group!
FOREXCOM:XAUUSDShort
by HectorBrown1
XAUUSD: Heading towards 2250$| Get Ready For Another Big SellDear Traders, Yesterday was eventful day, Gold dropped till 2291 area and most of the retails liquidity started coming in the market, and as expected price took out most of the liquidity and took the price towards our first selling entry at 2331. However, we have witness strong bearish control at this point and it is likely to see some strong bearish momentum throughout the day. Our likely entry would be 2319$ targeting these areas first, 2290, 2270 and 2250. Good Luck And Trade Safe.
OANDA:XAUUSDShort
by Setupsfx_
4
Grasping the rhythm of both the long and short sides is profit!Because gold failed to touch the 2300 position area again overnight, I adjusted the TP of all short positions yesterday to 2316. Today, in the early morning, all short positions touched the TP: 2316. Although the profit was much less than expected,but the transaction will be safer after adjusting TP. After that, I caught the rebound profit in the area near the 2318 position, hit TP:2330 again, and re-created a short order above 2330, and set TP:2320, currently hitting 2320TP again So far, although gold has made significant adjustments, it has still not effectively fallen below the upward trend line, so gold as a whole still maintains a bullish pattern. However, compared with the previous period, the energy of gold bulls has gradually weakened, while the energy of shorts has gradually become stronger.At present, the small-level box structure of the gold market is being constructed. Before the small-level box structure is broken through, I believe that in short-term trading, high-level shorting will still be the main method, supplemented by low-level longing in due course. Because gold did not break through the area where it started to fall yesterday during the rebound and repair process. If it is a deep V reversal, I think the strength is still slightly lacking, so I think gold is still in the rebound stage, not a trend reversal. Moreover, the top is also facing multiple technical suppression, so for short-term trading, I am more inclined to short gold above the 2325-2330 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:XAUUSDShort
by alongwineer
1
XAUUSD- Reversal trend appears strongGold, as I see it, has reacted pretty genuinely to the aid and resistance area at 2330. Currently, the Gold charge is going for walks withinside the H4 frames and beneath and is absolutely at the Seller side. > With the present day fashion and the charge is going for walks all around the residence today, Canh Sell Gold Next for me >Sell Gold Around 2322>2326 SL 2328 City 2316>2306 For Gold, if throughout the Asian consultation it will increase once more and breaks thru 2330, I will replace more. As for the Current Price Frame, every person have to watch Sell Gold in step with the Trend to be safe 😊😊❤️❤️ ------NEWS------ Gold costs persisted to fall barely nowadays after hitting their lowest degree in extra than weeks on fading issues approximately escalating tensions withinside the Middle East, even as buyers wait for crucial monetary information to Know extra approximately americaA hobby charge reduce schedule. Spot gold changed into little modified at $2,321.fifty six an oz. after hitting its lowest due to the fact April 5. The March-April rally in bullion driven gold costs up nearly NYSE:FOUR hundred to a excessive all-time excessive changed into $2,431.29 on April 12. US gold futures had been down 0.2% at $2,342.10. Israeli assaults intensified throughout Gaza in a number of the heaviest shelling in weeks, however with fears of a much wider warfare easing after Iran stated remaining week it had no plans to plans to retaliate after an obvious Israeli drone strike, economic markets display symptoms and symptoms of extra danger appetite. “That way gold, that is regularly visible as a danger haven, has misplaced its position,” stated Julia Khandoshko, CEO of European brokerage Mind Money. Khandoshko stated the marketplace is likewise carefully looking indicators from americaA, in which inflation information and statements from americaA Federal Reserve (FED) advocate hobby quotes might not be reduce in June. Recent remarks from Fed officers advocate there's no pressing want to reduce hobby quotes, decreasing the attraction of zero-coupon bullion. Traders now anticipate the Fed`s incredible reduce will maximum in all likelihood are available in September. Markets will watch US GDP information on Thursday and Personal Consumption Expenditures (PCE) information on Friday for similarly clues at the fitness of the financial system and the timing of cuts. “There are a variety of buyers who overlooked out at the huge rally in gold and can be trying to seize dips like this,” stated Fawad Razaqzada, marketplace analyst at City Index. In different metals markets, spot silver rose 0.4% to $27.29. Autocatalytic steel platinum fell 0.5% to $912.75, even as palladium rose 1.1% to $1,020.12.
OANDA:XAUUSDShort
by TheLeader_WOLF
Don’t be afraid, the rebound is an opportunity to short goldGold has rebounded to around 2332 in the short-term. Many people are definitely afraid that gold will continue to rise to a higher level again. Maybe many people are even chasing gold above 2330. In fact, as emphasized in the first two articles, gold has now fallen below the upward trend, and the short trend is now very strong. The short position is far from over, so even if gold rebounds and repairs in the short term, I am not worried. If you read my previous article, I'm sure you know the orders I currently hold. To be honest, I currently hold short positions near 2316, 2320, 2325 and 2330. Although gold has just fallen back to around 2315 in the short term, all my orders have made good profits. But I still did not choose to close the order. I firmly held the order until it hit TP: 2305. Gold started to fall from the 2335 position during the day, and gold did not even touch the 2335 position during the rebound. Therefore, it is confirmed that gold is only rebounding and repairing during the decline, rather than a trend reversal. Gold bears will continue to perform, and I expect gold to continue to fall back or even test the 2290 area support again. So I thought it was reasonable for me to set up the TP2305 during the transaction. Therefore, don’t worry about gold’s rebound and recovery in the short term. Instead, I think this is a good opportunity for the market to go short again. 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:XAUUSDShort
by alongwineer
Gold drops $100, can we go long?Gold started to fall from the 2401 position on Friday, and the lowest has fallen back to around the 2296 position, with a drop of $105. With such a large correction, I believe the bulls are ready to make a move, so can I go long on gold now? Although gold has fallen sharply, it still remains above 2300, so gold has not yet fallen below the upward trend line. From a large-scale perspective, gold as a whole is still in an upward trend. The sharp decline in gold at the short-term level has digested the technical head and shoulders pattern. And although the situation in the Middle East has eased at the news level, the risks have not disappeared. Therefore, after all the negative factors for gold appear, whether it is technical or news support, gold should rebound to a certain extent. I think this should be the trading idea of most bulls. In fact, according to the current trend of gold, gold has fallen sharply and has broken through multiple key supports. The early key support areas have gradually turned into resistance areas. This is why even if there are occasional local rebounds during the decline, they are not strong. In terms of small-level trends, gold did stop its decline in the 2300 area, but gold has already made an attempt. It stands to reason that there will be at least a second attempt to fall again and hit the 2300 area. Moreover, the rapid and sharp decline of gold will cause a series of selling waves and accelerate the decline of gold. Therefore, I think it is best not to go long gold against the trend now. On the contrary, a small-level rebound is very likely to be an opportunity to short gold. Finally, everyone also needs to learn from previous transactions. Gold has been rising all the way in the past period, and it has also risen by a lot. How many people have suffered a bloody loss in short trading? Those are bloody lessons. So now the wind direction has changed. During the sharp decline of gold, stop thinking about speculating on long gold. Waiting for gold to rebound and shorting are the only way to follow the trend. In the short term, the main focus is on the resistance in the 2320-2325 area above. 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:XAUUSDShort
by alongwineer
GOLD-Range trading A survey released by the Federal Reserve on Wednesday showed that U.S. economic activity expanded slightly from late February to early April, and companies said they expected inflationary pressures to remain stable, continuing a recent trend that has prevented the Fed from cutting interest rates. In terms of the geopolitical situation, the United States, the European Union and the Group of Seven (G7) have all announced plans to consider imposing stricter sanctions on Iran. The outside world believes that this is to appease Israel and persuade it to restrain its retaliatory actions against Iran. Today, we will focus on the changes in the number of initial jobless claims in the United States and the annualized total of existing home sales in the United States in March. We will also pay attention to the speeches of Federal Reserve officials and news related to the geopolitical situation. The current high of gold is at 2431, and the lowest has fallen to around 2324. It is currently oscillating above 2300, and the market has no continuity. I think that only when gold falls below 2300 can we judge whether the upward trend has changed, and when it falls below 2272, we can confirm that it will be in a downward trend. Now we can sell high and buy low within the range. The large range is 2320-2405 and the small range is 2348-2398. The current daily fluctuation of gold is 30-40 US dollars. The above is the standard for trading. The upper 2392-2398 is yesterday's resistance range, and the lower 2340-2350 is the support range. Arrange positions reasonably according to funds. Gold changes quickly. You need to change your strategy in real time according to the trend. The above is for your reference. Follow my trading strategies to greatly increase your trading success rate, so that you can make profits through trading
FX:XAUUSD
by UnknownUnicorn68604160
Don’t chase short gold,the 2325-2320 area will become criticalHello everyone, first of all I would like to introduce myself, I am Caillan. First of all, I want to explain why my nickname is Hawkeye, because Hawkeye symbolizes strength, determination and speed, which means that we can accurately seize trading opportunities in the market,and persistence and courage will bring us profits and value.In fact, I am not a writer. I am a professional trader with 10 years of experience. I am good at short-term real-time trading of gold, oil, currency trading pairs, etc. I have at least 16 hours a day to observe market conditions, so I I will not over-exaggerate my words. Each of my articles will simply record my trading ideas and trading strategies. I also hope that my thoughts and experiences can give everyone some inspiration and thinking to a certain extent. As far as the gold market is concerned, the short-term structure of gold continues to decline. Even if there are occasional partial rebounds during the decline, the rebound is not strong, so the trend still remains bearish. However, what is relatively cunning about gold is that the current market trend of gold seems to be bottom but not bottom, so it brings a certain degree of difficulty to our transactions. From my personal point of view, the key to participating in short-term trading is to observe two points. First, the short-term support below is located in the 2325-2320 area. If gold does not fall below this area, you can try to consider going long gold in this area;Secondly, the upper side mainly focuses on the two resistance areas of 2346-2350 and 2358-2362. After gold touches this resistance area, you can consider shorting gold. 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:XAUUSDShort
by alongwineer
3
What affects the direction of gold?World gold prices tend to decrease with spot gold down 2.4 USD compared to last week's closing level to 2,388.8 USD/ounce. The world gold market last week fluctuated according to a familiar pattern. Gold prices continuously touched new highs thanks to being boosted by shelter demand due to fears of escalating tensions, but then retreated and entered a consolidation phase. Kitco News' latest weekly gold survey shows that both Wall Street experts and retail investors continue to believe in the precious metal's strength, with 71% of Wall Street experts and 64% of general investors. Retail participants participating in the survey forecast that gold prices will increase this week. According to SIA Wealth Management market strategist Colin Cieszynski, risks remain significant and could trigger market rallies. Sharing the same opinion, senior commodities broker Daniel Pavilonis of RJO Futures also said that geopolitical conflicts will continue to push gold prices up even if there is no immediate escalation. Market analyst Everett Millman of Gainesville Coins said that developments in the Middle East are still the main factor affecting the direction of gold this week when there is not much economic data published. Expert Millman believes that, before the June monetary policy meeting of the US Federal Reserve (Fed), the market will put aside anything related to interest rate expectations until the situation is resolved. in the Middle East is really calming down.
OANDA:XAUUSDLong
by FalCol_TradingMaster
1
Don’t go short, go long gold directlyToday, due to the expansion and escalation of geopolitical conflicts, market risk aversion has surged. Gold has been enthusiastically sought after as a safe haven asset. It took the 2400 position in one fell swoop and continued to rise to around 2417. Subsequently, Iran repeatedly downplayed the tension, and gold turned downward. It has given up all the gains, with the lowest falling to around 2372. Judging from the current situation, although gold has risen with the help of the news, it has indeed broken through the suppression of the recent high of 2395, and the pressure above has been released. When gold fell to the 2375-2370 area, its downward momentum further slowed down. In the short term, the 2375-2370 area still has certain support. And the risk aversion in the market is still there, so I think gold is still primed to rise. Therefore, in terms of trading, I will first consider using 2375-2370 as the support area to go long gold. After gold rebounds, I will backhand short gold. 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