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Gold is expected to rise today if it is low and long!Gold fell from 2956 to 2832, and the decline reached 124 US dollars. Is it a trend turning bearish or a bull correction? There are three main reasons for the decline of gold in this round: First, technical correction. Since the rise from 2583 to 2956, there has been basically no significant correction. The price deviates too far from the moving average, and there is a need for correction. Second: Long positions continue to make profits during this rise, and the high position is closed and fled, resulting in a continuous decline. Third: The Russian-Ukrainian conflict has ushered in the dawn of peace. After Trump took office, he continued to contact Russia to discuss the armistice plan, and the risk aversion sentiment has cooled down. However, the current decline in gold is only temporary, and the medium- and long-term trend is still bullish. Focus on the 382 support level 2813, which is the watershed of the entire bull market. If it breaks, the trend will turn bearish. Maybe it will not rise directly and return to a strong bull market, but will first consolidate sideways and accumulate momentum before rising. The market is not only bullish and bearish, but also volatile. Therefore, don’t think that 4,000 or 5,000 is not a dream when it goes up, and don’t think about 2,700 or even 2,600 when it goes down. You have to eat one bite at a time and take the market step by step. Look at it rationally. The three consecutive negative declines on the daily line touched the 30-day moving average, and the lower shadow line just pierced it, and finally closed above it, which means that there is a certain support. From a technical point of view, continuous retracement corrections are generally three trading days, and the probability of turning positive later is very high, so it is not appropriate to continue to be bearish at the beginning of next week. For gold on Monday, we will first look at the rebound, focusing on the pressure of 2865. If it breaks, the rebound will continue, and the upper side will further look at around 2885. The lower support is 2844-2845, and the watershed is 2838. If we look at this position, we cannot break it. If the low point is broken, it may not be maintained, and there will be a new low. In terms of trading, we expect gold to continue to fall on Friday, and we emphasize that the strong support at 2834-2835 can be seen to rebound. Whether the market rebounds here, the overall trend is basically in line with expectations. There were not many good opportunities in trading during the day. In the evening, I went short at 2862 and took profit at 2850, making 12 US dollars. I went long at 2835 and took profit at 2850, making 15 US dollars. Both long and short orders were fully cashed out, and I earned 27 US dollars, which was a perfect ending.
OANDA:XAUUSDLong
by mykvmykv
Gold Top Trading SignalsToday, Monday, gold rebounded to the highest level of 2876 at the opening, and then fell to 2865 and fluctuated. At the weekend, we gave an analysis strategy for Monday's opening. At the weekend, we analyzed that the upper short-term pressure is at 2876-80, and the rebound touches 2876-80, which can be used to intervene in the short-term strategy. Today, we try not to chase more, and look for opportunities to intervene in short positions when the rebound occurs. The 4-hour pattern suppresses the price near the lower track of the Bollinger Band, the moving average system forms counter-pressure, and the MACD low-level dead cross indicates that the short-term momentum has not been fully released. From the 4-hour analysis, the short-term pressure on the upper side is the important pressure line of 2876-80, and the short-term support on the lower side is the line of 2825-2830. For the middle position, watch more and do less, be cautious in chasing orders, and wait patiently for key points to enter the market. Gold rebounds to 2876-80, short sell, stop loss 2888, target 2830-35, continue to hold if broken
OANDA:XAUUSD
by mykvmykv
Gold is in the bullish direction after correcting the supportHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAUUSDLong
by ForexMasters2000
Gold, An upward movement incoming ?Hello traders, I hope you are great. our latest analysis on Gold hit all its targets and we gained a profit of around 800 pips; but what's next ? Will the price continue its downward correction or not ? Let's clarify things a bit to make decision making easier for ourselves: With the delayed possibility of a ceasefire in the war between Ukraine and Russia, as well as existing tensions between the USA and other countries, the likelihood of a continued correction in gold has diminished at least in the short term. We should also keep in mind that there is a possibility of renewed conflict between Hamas and Israel in the upcoming Days. If we have consider these factors together, it seems to me there is at least a chance of another upward movement in Gold. Targets have determined by Blue dashed lines. And finally Tell me What are your thoughts about GOLD ? UP or DOWN ? comment your opinion below this post.
OANDA:XAUUSDLong
by aminrzb
1
Gold intraday trading strategyLast week, gold was under technical pressure at 2884, which further ushered in an extremely weak unilateral downward adjustment. The Asian, European and American sessions were under pressure and fell in turn, and fluctuated downward. In the evening, the US session accelerated downward to break through the 2840 mark and reached near 2832, then rebounded and closed in shock. Today, Monday, gold opened and rebounded to the highest level of 2876, then fell to 2865 and fluctuated. I gave the analysis strategy for Monday's opening at the weekend. At the weekend, I analyzed that the short-term pressure on the upper side was at 2876-80, and the rebound touched 2876-80, so a short-term strategy could be involved. Under the influence of the weekend news, the price of gold quickly rose today, pierced the 2876 line and fell into a shock consolidation. The short-term watershed between long and short strength is 2890. Today's upper short-term resistance is around 2876-80. The intraday rebound relies on this position to continue to short and look for a decline. The lower low support focuses on around 2825-30. Overall, relying on this range, the main tone of high-altitude and low-multiple cycles remains unchanged. In the middle position, watch more and do less, and be cautious in chasing orders. Gold rebounds to 2876-80, short sell, stop loss at 2888, target at 2830-35, continue to hold if it breaks
COMEX:GC1!
by Jamie-Trader
Analysis of the latest gold trendGold opened high today, reaching a high of around 2876, and is currently in a state of shock. From a technical point of view, the gold market is currently in an extremely weak state in all cycles, especially the daily cycle, which has now fallen below the support point of the Bollinger middle rail, and the K-line has a large negative state. According to this state, gold has now turned from extremely strong to extremely weak. If it continues to decline, pay attention to the low point of last week near 2832. Therefore, at the beginning of this week, we need to pay attention to the continuity of the decline in the daily cycle. After three consecutive trading days of decline last week, the lower Bollinger rail opened. It stands to reason that this strength should continue. The current rebound is suppressed near 2880. As long as this suppression point is not broken, there is room for continued decline, but there is a possibility of divergence in the current indicators. In the short term, as long as the rebound exceeds 2880, it will drive the Bollinger band to close and there will be room for growth. Therefore, the current market sees a strong trend point at 2880. Specific operation ideas: First, follow the trend to complete the short position. Although it opened higher on Monday, we suggested shorting near 2875 at the weekend. There was also a 10-point profit in the morning. The current lowest point is around 2832 and the rebound stopped, indicating that this position still has certain support. At the beginning of this week, you can rely on this position to see a rebound. If it does not break 2880, you still have to short first. Gold recommendation: short at rebound range of 2875-2880
FXOPEN:XAUUSD
by Jamie-Trader
Gold shorts are still at home next, and gold will continue to beIt is reasonable that gold rose in the early trading for risk aversion, but gold did not break through the resistance of 2877, but rose and fell. Then the rise of gold for risk aversion may be digested, and gold will continue to be short. Gold 2868-2875 can be directly shorted! The 1-hour moving average of gold is still dead cross downward short arrangement divergence. Although the gold bulls seem to rebound strongly in the case of risk aversion, the situation has not been reversed yet. Gold will fall directly under the resistance of the moving average. Then the strength of gold bulls to continue to rise is not strong. Gold will continue to be short. Gold 2868-2875 can be directly shorted first. The market changes rapidly. Gold bulls cannot turn the tide in the case of risk aversion. Then gold bulls may only be short-lived. Gold shorts will still be the main field in the future. Gold will continue to be short. However, gold should also pay attention to one thing today. If it does not fall for a long time, then the 1-hour moving average of gold may start to turn around, so it is necessary to give up the short first, and then readjust the thinking. If it can fall smoothly in the early trading, then gold shorts will continue to be the main field of shorts today. Friends who have read my bottom articles have all obtained good returns as long as they followed my trading signals. If you want to receive detailed trading signals, you can just move your fingers and join my bottom articles to make making money a matter of course!
OANDA:XAUUSDShort
by TP_Daniel
GOLD WEEKLY CHART MID/LONG RANGE ROUTE MAP UPDATEDWeekly GOLD Analysis: 3RD MARCH 2025 Hello Everyone, Since October 2023, our gold price analyses have been consistently accurate. In the past week, gold reached our initial target of $2,877 and achieved a new all-time high (ATH) of $2,956, before retracing to the Gold Turn Level at $2,875. We previously noted that a bullish trend would be confirmed if the 5-period Exponential Moving Average (EMA5) crosses and holds above $2,877.95; otherwise, a reversal toward the Gold Turn levels was anticipated. * We also stated The key level at $2,735 remains a critical zone. Active Gold Turn levels at $2,875 and $2,735 suggest that the price may revisit these areas before advancing to TP1 and beyond again. * We also stated Fair Value Gap (FVG) provided strong support at $2,850, with the EMA5 approaching the first take-profit (TP1) level at $2,877, leading to a bullish surge that touched the all-time high. However, the EMA5 has yet to cross and stabilize above $2,877. This worked to be perfectly as anticipated. - This situation persists, with the EMA5 still not locked above $2,877, which is necessary for further bullish confirmation. If the EMA5 fails to cross and hold above this level, the price may reverse to test the KEY level at 2735 before potentially bouncing back upward. Recommendations & Strategy: * Focus on EMA5: Watch its behavior around 2877 for key signals on short- and long-term trades. * Support Levels: GoldTurn levels at 2735 is vital for identifying reversal points and prime dip-buying opportunities. Our ongoing analysis will continue to focus on these technical indicators to navigate the current market conditions effectively. For precise entry and exit points, check our daily, 12H, 4H, and 1H analyses for clearer market guidance. We’ll continue to provide daily updates, insights, and strategies on our TradingView and YouTube channels every Sunday. Don’t forget to like, comment, and share to support our work and help others benefit! The Quantum Trading Mastery
FXOPEN:XAUUSDLong
by TheQUANTUMTraders
Gold operation strategy, strong short-selling continues to push Gold bearish trend, have you seen the power of trend in the past two days? Are you waiting for a rebound or are you buying the bottom? We have been emphasizing that the weaker the bearish trend of gold, the stronger the trend of gold. If it rebounds too much, the trend may end and turn to shock again. The hourly moving average of gold continues to cross the bearish arrangement downward and diverge. Gold continues to hit a recent low. The bearish trend of gold is obvious. Any rebound is an opportunity for shorting. If the gold bulls do not make a strong counterattack, it is an opportunity for shorting. On the contrary, if the rebound is too large, it means that the gold bulls have begun to counterattack. At that time, be careful not to go short all at once. Gold rebounds to 2870-2880 and can still be shorted.
OANDA:XAUUSDShort
by TP_Daniel
XAU/USD Bearish Retest in Play – More Downside Expected?### **Title: GOLD | Bearish Retest at Key Resistance – More Downside Ahead?** ### **Analysis & Description:** This **1-hour chart of XAU/USD (Gold vs. U.S. Dollar)** presents a clear **bearish structure**, with price currently testing a key **support-turned-resistance zone**. The downward trajectory suggests a **potential continuation to the downside** after a minor pullback. #### **Key Observations:** 1. **Break and Retest Pattern:** - Price has **broken below** a critical support level and is now **retesting it as resistance** (marked by horizontal lines). - This classic **bearish retest** setup suggests that sellers may step in to push prices lower. 2. **Two Possible Scenarios:** - **Scenario 1 (Primary Bearish Case):** - If price rejects this resistance, we could see **a strong continuation downward**, targeting **$2,820 – $2,780 levels**. - This aligns with the **trend structure of lower highs and lower lows**. - **Scenario 2 (Less Likely Bullish Case):** - If bulls manage to reclaim and break above **$2,860**, we may see a short-term reversal, with the next resistance near **$2,880 – $2,900**. 3. **Trading Strategy:** - **Short Setup:** - Look for rejection signals at resistance (**$2,850 – $2,860**), such as bearish engulfing candles or wicks. - Enter short positions with **stop-loss above $2,865**. - Target price zones around **$2,820 – $2,780** for profit-taking. - **Alternative Bullish Setup:** - A confirmed breakout above **$2,860** could open the way for a short-term rally. ### **Conclusion:** Gold remains **bearish**, and this current pullback into resistance could provide a **selling opportunity** if rejection confirms. However, traders should monitor key **economic news events** that could impact gold’s movement. 📉 **Do you think gold will continue dropping, or will bulls take control? Let me know in the comments!** 🚀
OANDA:XAUUSDShort
by NexusTradesZone
Continue to short gold after the reboundToday, the fluctuation space of gold was compressed and fluctuated in the range of 2844-2854. Because there was no breakthrough, there was no continuous market, so gold did not reach the rebound position I expected. Although gold did not reach the rebound position I expected, I shorted gold many times with the support near the 2855 position, and I made a good profit in the short-term level. Then we will focus on the breakthrough of 2845-2850. If gold successfully breaks through, the market will definitely continue to a certain extent. We only need to follow the trend to trade gold. However, according to the current market, we should not be too bearish on gold. It is expected that gold will rebound first and then fall back when it encounters resistance. Focus on the resistance area of ​​2850-2865 above. Friends who have already entered the bottom article have all obtained very good returns as long as they followed my trading signals. If you want to receive detailed trading signals, if you want to get out of the gold long order, if you want to learn the latest trading thinking and trading logic, you can move your fingers and join my bottom article to prevent losses from happening again and make making money a pleasure. If you want to make money happily, you can join my bottom article!
OANDA:XAUUSDShort
by TP_Daniel
XAUUSD (GOLD) TRADE PLAN 26/2/20251. XAU/USD presents a promising buy opportunity, targeting the $2,920 level as gold continues its bullish trajectory. 2. Strong fundamental drivers, including economic uncertainty and inflationary pressures, support a sustained rally. 3. Technical indicators confirm bullish momentum, with key support holding near recent lows. 4. Institutional demand and central bank purchases further reinforce the upside potential. 5. A weaker USD and dovish Fed stance create an ideal environment for gold’s appreciation. 6. Geopolitical tensions and global risk factors contribute to safe-haven demand. 7. Breakout above key resistance zones suggests a continuation toward the $2,920 target. 8. Gold remains resilient amid market volatility, attracting long-term investors. 9. Trend-following strategies align with bullish sentiment, favoring buy positions. 10. Risk management remains crucial, with stop-loss placements ensuring optimal trade execution.
OANDA:XAUUSDLong
by XAUUSD-Trade-ideas
3
I have been emphasizing that gold is in a bearish trend recentlyI have been emphasizing that gold is in a bearish trend recently. Gold tested the support of 2830 as expected, and I made a lot of profit in all short trades. However, after gold touches 2930, you cannot directly chase short gold. According to the structure of gold, there is a certain degree of technical support near 2830, so gold may rebound to 2850 again after touching this level; and once gold fails to break through the 2850-2860 area as expected during the rebound, gold will fall again. Then gold will easily pierce the 2830 mark during the second decline, and once gold effectively falls below 2830, gold will continue to fall and test the 2820-2810 area, and may even go lower to the area near 2800. At present, shorting gold near 2850 has made a lot of profits. I wonder if you have followed the trading signals of shorting gold? Then the short-term will still focus on the resistance area of ​​2850-2860 above, and the break of 2830 below.
OANDA:XAUUSDShort
by TP_Daniel
Gold analysis and operationLet's get straight to the point today. Let's talk about whether 2956 is the top. Do you think it is the top? I think it's a little early for you to say that it is the top. Because we'll see after today's market is finished. At present, it's a little too early to say it is the top. But there is a 50% probability that it is the top. First of all, yesterday's decline was a unilateral decline at the 4-hour level. The market is the same as what I said, that is, the bulls broke through 2916 and accelerated. Then it continued for another 30 US dollars. It's just that the outbreak time was earlier than I expected. So the strength barely met the standard. Generally, the 4-hour unilateral is between 30-60 US dollars. And it is basically completed in one wave. Yesterday's decline of 60 US dollars has not continued until now? Then don't rush to say that it has reached the top. The decline that is not continued is a correction, not a top. In the short term, the 4-hour trend is currently turning bearish, and there is no stabilization signal. It is definitely not possible to go long directly in the short term. At present, we should pay attention to whether this wave of adjustment is a large range of high-level oscillation adjustment or a oscillating downward adjustment. Although the large cycle does not see gold forming a top, once this adjustment becomes an oscillating downward adjustment and eventually loses the strong support of the 2875-2870 US dollar area, the nature of the adjustment may change. Therefore, even if the large cycle is still bullish, the buying opportunity of the phased adjustment must be when the small cycle turns from bearish to bullish again. In the day, it must be a range market. After yesterday's plunge, today's rebound was under pressure near 2930 and then weakened again. The short-term trend is weak. After yesterday's sharp drop, it closed at 2915, which is weak, but it did not break the new low in the morning, and the possibility of breaking the new low again today is also very small, but the European session is under pressure near 2930 to form resistance. The focus below is on the second rebound opportunity of short-term stabilization near 2905-2900. In the next day, it is likely to maintain the operation in the 2930-2900 range. The European session is weak, and the rebound before the US session can still rely on 2930 to fight short-term. Once the 2905-2900 area is touched before the US session, a small level of stabilization can be seen, and short-term small longs can also be made, which is still a range. Recently, the high-level large range shock correction is the main, all of which are short-term, there is no band opportunity, short-term participation, and stop when you see good results. On the whole, Jin Shengfu recommends shorting on rebounds and long on pullbacks today. The upper short-term focus is on the 2930-2940 resistance line, and the lower short-term focus is on the 2888-2890 support line. Friends must keep up with the rhythm. Control positions and stop losses, set stop losses strictly, and do not resist single operations. In the early trading of gold, short (buy short) in batches at around 2928-2930, 2/10 of the position, stop loss 8 points, target around 2910-2900, break to look at 2890
OANDA:XAUUSD
by mykvmykv
1
Gold Trading SignalsAfter gold came under pressure at 2953, it began to fluctuate and fall. The European session rebounded weakly, and the U.S. session started to fall sharply, falling to 2888 at the lowest point, a drop of nearly 60 US dollars. The overall trend was in line with our bearish expectations. The daily line closed with a bald big negative line, and the K line broke through ma5 and ma10. The short-term trend was weak. Gold may rebound to a certain extent during the day, but it is mainly a process of testing pressure. Focus on the 5- and 10-day lines around 2925-33 on the top. As long as the rebound cannot stand above the 5- and 10-day lines, there is a high probability that there will be a downward demand in the short term. Focus on the 20-day line near 2888 on the bottom. There may be a temporary reprieve and competition between 2900 and 2888, but as long as it does not use this support to rebound strongly, the probability of the 20-day line being broken in the later period will also be very high. According to the daily and weekly levels, there is still a great probability that it will go to 2850 and 2800 on the bottom in the later period. The 4-hour chart showed a continuous decline last night, and it bottomed out and rebounded in the early morning, and the K-line closed above the lower Bollinger track. Therefore, the 4-hour gold may turn to shock again. The morning market rebounded to the 2930 line and just touched the 618 pressure level and fell back. Therefore, the rebound of the market is just a correction. The short positions at 2925 in the morning and the short positions at 2920 have fallen and harvested. Focus on the strength of the European market. The European market is under pressure below 2930, and the US market will continue to bottom out at 2888. If the European market strengthens and breaks 2930, the daily line will end the single negative correction and continue to see shocks. In the afternoon, short-term operations below 2905 last night's low can be seen if it does not break. Above 2930, continue to short under pressure. It is recommended to buy at 2907-08, stop loss at 2904, target at 2915-20, and go high under the pressure of 2930 above.
OANDA:XAUUSDLong
by mykvmykv
Gold Top Trading SignalsToday we are bearish, gold fell as expected, and we also caught two waves of shorts in the actual market, and we grasped the entry points very well; from a technical point of view, on the daily line, yesterday's daily line closed with a large negative line, on the hourly line, the 4-hour moving average is short-sell and downward, MACD is large, and the Bollinger band is diverging downward. The gold price relies on the lower Bollinger track, the 1-hour moving average is short-sell, and MACD is dead cross with large volume. At present, the short trend is strong, and it is recommended to continue shorting on the rebound. Operation suggestion: short at 2863-65, stop loss at 2874, target at 2856-42.
OANDA:XAUUSDLong
by mykvmykv
The strong pressure from short sellers on the rebound continuesToday, the upper short-term resistance continues to focus on yesterday's hourly line opening near 2890-95. The Japanese and US pullbacks rely on this position to continue to be the main short and look to fall. The lower target continues to focus on breaking the bottom. The short-term short-term weakness dividing line is the 2900 integer mark. Any pullback before the daily level breaks through and stands on this position is a short-selling opportunity. Maintain the main tone of participating in the trend unchanged. Gold operation strategy: 1. If gold rebounds, you can short the 2895-2900 line, stop loss at 2909, and target the 2868-70 line;
OANDA:XAUUSDShort
by ej50ej50
Gold fell sharply below the low and continued to shortGold fell below the low of 2890-2888 yesterday, and the lower support line of the rising channel was also broken. The short-term trend turned bearish, opening up the space below, which means that the magnitude of this round of retracement will be relatively large. The daily line closed with a big negative below the short-term moving average. Gold will continue to fall today. Focus on the support of the 30-day moving average, which is about 2850. If we look at the entire increase from 2853 to 2956, the retracement support level of 283 is at 2813. Gold continued to fall at the opening in the morning, with the lowest price hitting 2856. In the afternoon rebound, focus on the pressure at 2876, and expect a second decline. The watershed is at 2885, and the support below is around 2850. The strong support is at 2834-2835, and a rebound may be expected.
PYTH:XAUUSDLong
by x7p2x7p2
Top Gold Analysis StrategiesTechnical analysis of gold: From the daily level, the technical indicators of the gold market show a clear divergence and are in a serious overbought range. According to the principles of technical analysis, there is a strong demand for adjustment in the market. Against this background, the price of gold fell sharply on Tuesday. At present, the price of gold has effectively fallen below the support of the short-term moving averages MA5 and MA10, and today's opening price is below these two moving averages. And it has turned into strong resistance, thus pushing the price of gold to continue its downward trend. Technically, it also needs to be judged by the combination of closing lines at the weekly and monthly levels, so it is temporarily regarded as a normal correction cycle, and this correction cycle is triggered by the current small double top. After the gold 1-hour high top structure, it fell and broke. We insist on being bearish on gold in the past two days. The rebound is an opportunity for shorts. Gold has now begun to form counter-pressure at 2920. Gold rebounded below 2920 in the US market and continued to be short at highs. The current short-term moving average MA5 and MA10 have two pressure levels of 2925 and 2930. If the gold price can rise strongly and break through the above resistance area, then today's adjustment will only be short-lived, and gold will continue to rise. If there is no breakthrough, then gold will most likely continue to fall. Focus on the support strength near the low point of 2888. Once this point is lost, it may trigger a further decline in the gold price. On the whole, I suggest that the rebound short-selling is the main strategy for short-term gold operations today, and the callback long-selling is the auxiliary strategy. The upper short-term focus is on the 2920-2930 line of resistance, and the lower short-term focus is on the 2888-2890 line of support. Friends must keep up with the rhythm. It is necessary to control the position and stop loss, strictly set the stop loss, and do not resist the single operation. The specific points are mainly based on real-time intraday trading. In the early trading of gold, short (buy short) in batches at around 2920-2925, 2/10 of the position, stop loss 8 points, target around 2900-2895, break to look at 2890
OANDA:XAUUSD
by mykvmykv
Gold top analysis trading signalsGold has been fluctuating and falling since the opening of 2920 on Thursday. It fell below the double bottom support of 2876 in the US market, and fell to 2867, a drop of 53 points. The current support below is near 2863. If this position is broken again, it can be basically determined that the top of 2956 has been formed. From a technical point of view, gold has now directly changed from the previous strong shock to a weak decline. The topic to be discussed at the end of the week is whether the strength and weakness will change. Friday is also the most critical day of the week. If the weak shock turns strong again and breaks the upper 2920 position, then we can continue to look at the previous decline point 2942. Even 2956, Thursday closed with a long real Yin line, then the specific point below can be shown in the support 2863, and the upper focus is on 2900 and 20. Therefore, in the short term on Friday, we must pay attention to the gains and losses of 2920 above and 2863 below. The specific operation idea is to fall back to 2865 and look at the gains and losses of 2900 above, and then judge whether the strength and weakness have changed. It is recommended to buy at the current price of 2875, stop loss at 2870, target at 2888-2895, and short in the upper area of ​​2895-03, target at 2880-2875.
OANDA:XAUUSDLong
by mykvmykv
Golden Waterfall Downward Short ProfitIn today's short-term operation of gold, it is recommended to focus on short-selling on rebounds, supplemented by long-selling on callbacks. The upper short-term focus is on the 2888-2890 first-line resistance, and the lower short-term focus is on the 2830-2834 first-line support. Short position strategy: Strategy 1: Short 20% of the position in batches near 2885-2890 in the early trading of gold, stop loss 8 points, target near 2865-2850, and look at 2835 if it breaks; Long position strategy: Strategy 2: Buy 20% of the position in batches near 2835-2838 when gold falls back, stop loss 8 points, target near 2850-2860, and look at 2870 if it breaks;
OANDA:XAUUSDLong
by ej50ej50