Gold is expected to rise to the 3030-3040 zone againGold encountered a clear rejection signal after reaching around 3036, indicating the presence of resistance and a technical need to retest support. Currently, gold is undergoing this support retest.
Within the current structure, gold has established a notable W-bottom pattern, with key support formed around the 3000 and 3003 levels. This structural support remains relatively strong. If gold manages to hold above the 3015-3005 support zone during the retest, a renewed upward move is likely. In that scenario, gold could resume its ascent, potentially retesting the 3030-3040 resistance range.
So in terms of short-term trading, if gold pulls back to the 3015-3005 zone, we can consider going long on gold in moderation.I would make more detailed trading plans and trading signals every day according to the real-time market situation, which is also the testimony of every successful transaction and profit of mine; the article has a certain lag, if you want to copy the trading signals to make a profit, or master independent trading skills and thinking, you can choose to join the channel at the bottom of the article
Xauusdtechnicalanalysis
Bearish Bias Under Head and Shoulders Formation📍Gold is currently leaning towards a bearish trend under the pressure of a well-defined head and shoulders pattern. Therefore, our primary trading approach remains focused on short positions.
📍In the short term, the key resistance to watch is in the 3030-3040 zone. However, it's worth noting that on Friday, gold quickly recovered most of its losses after testing the 3000 level, indicating the presence of strong buying interest and solid support below.
📍From a trading perspective, there is still an opportunity to capture profits from potential technical rebounds. The main support levels to monitor are:
📌3010-3000 as the initial support zone
📌2995 as the secondary support level
🔎Trade Idea:
1. Xauusd: Sell at 3035-3045
TP:3020-3010
SL:Adjust according to risk tolerance.
📎But if gold shows signs of holding support, a short-term rebound could provide opportunities for counter-trend trades.
2. Xauusd: Buy at 3015-3005
TP:3025-3035
SL:Adjust according to risk tolerance.
📩Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
GOLD (XAUUSD): Detailed Support & Resistance Analysis
Here is my latest support and resistance analysis for Gold
ahead of the FED Interest Rate decision today.
Resistance 1: 3045 - 3050 area
Resistance 2: 3099 - 3103 area
Support 1: 2997 - 3001 area
Support 2: 2952 - 2956 area
Support 3: 2916 - 2933 area
Support 4: 2880 - 2888 area
Consider these structures for pullback/breakout trading.
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Gold is about to plunge, stick to short positions!Bros, Good morning,I made it very clear yesterday that 2935-2945 is definitely a good opportunity to sell gold. I still stick to my point of view and insist on holding my short position.
To be honest, the continuity of the market news stimulating the rise of gold is not strong. After the rise of gold hits 2946, it faces the suppression of the previous high near 2955. With the current momentum of gold, it is impossible to break through the high suppression area in one go. Even if it is to accumulate more momentum for a breakthrough, gold will have a deep need to step back to the 2920-2910 zone. So I remain positive on short positions in the short term.
In addition, it is particularly important to note that gold is facing high pressure, and there may be many temptations to do long signals. Now you must keep a clear mind and not be confused by the temptation signals. When you chase long gold at a high position, once gold retreats, you may be deeply trapped and it will be difficult to get out!
Do you think gold will fall back to the 2920-2910 zone as expected? Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
Be sure to short gold!Expected profit: 150-300 pipsBros, be sure to be short gold and never miss the profits in every swing.As I said in my last article, the 2935-2945 zone is worth selling gold, and I have shorted gold in this area according to the trading plan. Have you shorted gold with me?
Although gold once rose to around 2940 under the stimulation of news, I think the accelerated rise of gold was suspected of short squeeze, and after the market calmed down, gold will return to the technical level and have a need for retracement. However, as gold breaks through the oscillation range upward, the lower support will move up to the 2920-2910 zone.
Therefore, our primary target for shorting gold in the short term is the 2920-2910 zone. If gold falls back to this area as expected, then in the short term, we will still gain 150-300 pips of profit, which is still a good return for short-term trading!
Do you think gold will fall back to the 2920-2910 zone as expected? Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
A good opportunity to short gold, do you want to miss it?Because Trump mentioned the issue of tariffs, gold prices soared and broke through the recent range of fluctuations, reaching around 2938.
Gold prices soared due to the impact of the news, so the continuity is probably not strong. Gold is likely to return to the technical level of 2920-2910 in a short period of time; in addition, the accelerated rise of gold already means a short squeeze, and the top is facing strong pressure from the previous high area, and gold is likely to rise and then fall back.
Therefore, in terms of short-term trading, I don’t think it is a wise choice to continue to chase the rise of gold. On the contrary, I think that the rise of gold is a good opportunity to short, and the 2935-2945 zone is also worth selling gold.
Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
I still have a short position, what about you?Bros, the recent trend of gold has been very painful. After falling to 2880, it was pulled back to the shock range, and neither the long nor the short positions continued. However, in the short term, the upper resistance is obviously in the 2925-2935 zone; relatively speaking, as gold fell below the 2900 and 2890 areas several times during the test of support, the support below is relatively weak.
In addition, the CPI data will be released in 2 hours. I think this CPI data is likely to boost the US dollar and suppress gold, but it is not ruled out that gold will rise and then fall.
So in terms of short-term trading, I prefer to short gold, and I still hold a short position in gold, and I hope that gold can retreat to the 2910-2900 zone as expected.
Bros, are you holding a short position like me?Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
You will be glad you have a short positionBrothers, I have clearly reminded you in the above two article updates that I am very optimistic about gold's retreat to the 2905-2895 area. In the short term, gold has shown signs of retreat after touching the area near 2922 several times, and formed a distinct long upper shadow in the candle chart, further strengthening the effectiveness of the resistance area 2925-2935 area, further stimulating the willingness of gold to fall.
In the short term, I think gold still has the opportunity to retreat to the 2905-2895 area again. I am still patiently holding my short position and looking forward to further declines in gold, which will bring us rich profits.
Bro, do you have the courage to short gold with me?Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
Shorting gold is the way to make money!Brothers, after gold rebounded to around 2920, the rebound momentum gradually weakened, and the fluctuation range gradually narrowed. This shows that the upper resistance area of 2925-2935 is difficult to break through in a short time. Gold still has the need to retrace and gain momentum, and it is not difficult for gold to retreat to the 2905-2895 area.
So in terms of short-term trading, I insist on shorting gold in batches in the 2915-2925 area, and I expect gold to fall as expected, and the rich profits will also be taken.
Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
Be bold and short gold to reap profitsBros, gold continued to rebound to around 2922, but after touching 2922 several times, gold could not continue to make an effective breakthrough and showed signs of retracement. This proves that the upper pressure is strong. According to the current momentum of gold, it cannot easily break through the resistance of the 2925-2930 zone above.
Then gold must have the need to retrace and accumulate power, so my trading strategy in the above article is still valid. We have shorted gold in the 2915-2925 area according to the trading plan. Now we are patiently waiting for gold to fall deeper and expand our profits. It is expected that gold will retest the 2905-2895 zone again.
Bros, gold is now like a drunken old man, swaying from side to side as he walks. At any moment, he might stumble and fall along the way.
Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
Successfully gained long profits and started shorting goldBros, I mentioned very clearly yesterday that gold would only touch the lowest area of 2880-2870 during the decline. As I expected, gold rebounded again after touching 2880. Yesterday, I insisted on absorbing as many cheap chips as possible during the gold correction. Today's gold rebound has brought us extremely rich profits. If you have been paying attention to my trading strategies, I believe you have made exponential profits in gold trading.
At present, gold continues to rebound and touches around 2915, but the overall rebound is not strong, and the upper 2920-2930 area constitutes strong resistance in the short term. According to the current rebound potential of gold, it is difficult for gold to easily break through the resistance in this area, and gold may still retest the area around 2900 after encountering resistance. So in terms of short-term trading, we can try to short gold in the 2915-2925 area.
Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
The golden counterattack is coming!As expected, gold rebounded with the support of 2880-2870 area, and has now rebounded to above 2893. Don't worry for now, gold still has room to rise. Don't be anxious for now, gold still has room to continue to rise. We insisted on buying gold on dips yesterday and have accumulated a lot of cheap chips. Now it seems to be a wise choice.
I clearly pointed out yesterday that the decline of gold this time is only to cooperate with the recent low of 2830 and successfully build a "W" double bottom structure. After confirming the support and building the "W" double bottom structure successfully, gold will continue to rise. Through the candle chart, we can clearly see that in the process of seeking support this time, gold just fell back to the 50% retracement level (50% retracement level from 2830 to 2930). At present, gold has confirmed the support and successfully built the "W" double bottom structure, which will support the rise of gold and provide good conditions for gold to break through the resistance near 2930 above, and even hope to try to hit the previous high near 2955.
Bros, I am glad that we are holding a lot of cheap chips now. These will be the chips that will bring us huge profits. Let us hold them together.Did you join me in taking the opportunity and going long gold?Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
The gold long position is trapped, how to save yourself?Bros, gold suddenly continued to fall to the area around 2880. Are you afraid and scared about this?
I would like to ask if your long position is trapped? Brother, I can tell you loudly that I now hold a lot of long positions, and the average price is around 2893. Do you think I will worry about my long position? I am confident to tell you that I am not worried about my long position being trapped at all.
Although the continued decline of gold to around 2880 exceeded my expectations, gold is still in a long structure as a whole. The current decline of gold is only to cooperate with the recent low of 2832 to complete the construction of an effective "W" bottom structure, so I think gold will only fall back to the 2880-2870 zone at the lowest. So I think this is just the last decline of gold. Then gold will stop falling and rebound in the 2880-2870 zone, and is expected to hit 2930, or even around 2950.
Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
Gold is about to take off like a rocket, boldly go long gold!Bros, don't have any doubts about the rise of gold. Gold is just accumulating upward momentum during the shock process. Once the shock ends, gold will take off like a rocket.
In the short term, gold has tested the support of the 2900-2890 area many times and has never fallen below, confirming that the support in this area is effective. In addition, the candle chart forms multiple long lower shadows in the short period, indicating that the gold price refuses to fall, which will attract more off-market funds to buy gold. In this market, the longer the gold shock time, the higher the increase, so please relax and let us look forward to the gold rocket taking off! The first target in the short term is 2920. Once gold stands above 2920, gold is bound to reach 2930, and it is even expected to continue to rise to 2955
Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
Buy gold aggressively and grab bargains!Bros, I have just clearly pointed out in the last article that gold will continue to rise after repeatedly testing and confirming the support of the 2900-2890 zone. I expect gold to at least test the 2920-2930 area again, and once gold stands above 2920, it will inevitably break through 2930 and even hopefully reach the previous high of 2955 again.
So brothers, gold falling back to the 2900-2890 zone is a good time for us to pick up bargains. I have picked up a lot of bargains in this zone, have you picked them up?
Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
Buy gold and wait for a breakoutBros, the recent rise and fall of gold has not continued, and the overall price is still fluctuating widely in the 2930-2895 area. After the fierce game between the long and short sides, there is not enough momentum to support the structural breakthrough of gold. However, according to the current structural trend, gold has repeatedly tested the area around 2920-2930 and has been effectively supported at 2890-2900. Overall, the probability of gold breaking upward is greater.
Then in short-term trading, we can temporarily go long on gold in the 2905-2985 area, and first see whether gold can stand above 2920. If gold stands above 2920 for a long time, then gold will definitely break through 2930 and still have the opportunity to test the previous high area near 2955.
Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
Unswervingly short goldRecently, gold was rejected at 2930, then rejected near 2925, and today gold was rejected again near 2920. From this point of view, the resistance area of gold moves down, and the high point drops accordingly. If gold is repeatedly rejected near 2915 next, then gold will have more room to fall.
This is also the reason why I advocate shorting gold recently. At present, I still hold a short position in gold and look forward to the performance of gold and its fall back to the 2880-2870 area, or even 2860.
Bros, only by following the right people can you execute the right transactions and master the skills to make money. If you want to master independent trading skills and thinking while copying trading signals and making stable profits, you can join the channel at the bottom of this article to liberate your trading talent!
Gold is about to plummet! Short gold!!!Bros, gold is about to fall sharply. I have shorted gold again. Are you ready? If you don't short gold now, you will completely lose the good opportunity to short gold.
At present, under the pressure of the triple top near 2930 in the technical form, gold has dropped and tested the 2900 mark again. It is only a matter of time before it completely breaks through. As the center of gravity of gold moves down, the upper short-term resistance moves down to the 2910-2920 zone. Under the pressure of the technical form and the fact that gold has just tentatively broken through the 2900 mark, gold still has more room to fall. It is expected that gold will at least retest the 2880-2870 zone in this round of decline, or even lower.
Bros, I have executed the short gold transaction, let us wait and see!Bros, are you optimistic that gold will continue to fall?Wise choices are far greater than hard work. Only by following the right people can we execute the right transactions and accumulate profits that change our lives and destiny. If you want to copy trading signals and make stable profits, or want to learn the correct trading logic and techniques in depth, you can consider joining the channel at the bottom of this article!
Continue to short gold after the reboundBros, overnight we shorted gold near 2923, and gold fell as expected and directly hit TP: 2908, and we took this opportunity to reap a lot of profits. Recently, I have been insisting on shorting gold, and have achieved 11 consecutive victories in shorting gold transactions. We have made a lot of money in short-term swing trading, and we will continue our trading journey and continue our glory.
At present, gold continues to fall and has rebounded slightly after hitting a low near 2891. Although the recent game between the long and short sides has been extremely fierce, to be honest, this wave of decline has directly fallen below the 2900 mark in the short term, and the strength of shorts is relatively strong; and gold has repeatedly hit 2930 failed, and a triple top structure was constructed at the short-term technical level. While it exerted absolute suppression on the gold price, it also strengthened and confirmed that 2956 is a stage high. Therefore, the short trend of gold may not be over, and gold will reverse again and continue to fall after rebounding.
Therefore, in short-term trading, I prefer to continue shorting gold after the rebound. As the center of gravity of gold moves downward, we can consider using the 2910-2920 zone as resistance and shorting gold in an appropriate amount. If gold touches this area and falls again, gold is expected to test the support of the 2880-2870 zone again.
Bros, are you optimistic that gold will continue to fall?Wise choices are far greater than hard work. Only by following the right people can we execute the right transactions and accumulate profits that change our lives and destiny. If you want to copy trading signals and make stable profits, or want to learn the correct trading logic and techniques in depth, you can consider joining the channel at the bottom of this article!
Keep the trading rhythm of shorting goldBros, although gold seems to want to continue to rise, it still faces resistance in the 2930-2940 zone in the short term, and even resistance near the stage high of 2955, so it is not easy for gold to seek a breakthrough upward.
Moreover, it is easy for technical false breakthroughs to occur before the NFP market on Friday, and there are technical temptations to do long candlesticks. Therefore, before breaking through the key resistance area, we can still short gold, and it is not difficult to expect gold to retreat to the 2910-2900 zone.
Bros, did you follow me to short gold? Wise choices are far greater than hard work. Only by following the right people can we execute the right transactions and accumulate profits that change our lives and destiny. If you want to copy trading signals and make stable profits, or want to learn the correct trading logic and techniques in depth, you can consider joining the channel at the bottom of this article!
Short trade in progressBros, today's trading view is very clear. We still continue to short gold, and there is no problem in making 200-300pips of profit in the short term.
Gold faces multiple key resistances above 2930. It is difficult to have enough momentum to break through the multiple key resistances above in the short term; and before the NFP market on Friday, both long and short sides are relatively cautious, and it is difficult to form a unilateral trend market. The overall market still fluctuates within the range. So I think shorting gold is still profitable.
In terms of short-term trading, I have taken the 2930-2940 area as resistance and shorted gold below 2930. At present, gold has fallen back to below 2920. Our short position has made a good profit. What we need to do now is to wait patiently for gold to continue to fall back, so as to bring us more lucrative profits.
Bros, did you follow me to short gold? Wise choices are far greater than hard work. Only by following the right people can we execute the right transactions and accumulate profits that change our lives and destiny. If you want to copy trading signals and make stable profits, or want to learn the correct trading logic and techniques in depth, you can consider joining the channel at the bottom of this article!
Ready to short gold againBrothers, as I strongly expressed my point of view in the last article, short gold near 2916 and 2923, TP: 2895-2885. Gold just fell below 2895 during the decline, hitting our target area as expected. In this short gold transaction alone, I made more than $20K in profit. If you execute the transaction according to the trading strategy published in my channel, I believe you must have made a satisfactory profit.
At present, gold has rebounded again after touching 2894, and is currently trading near 2917. According to the current structure, gold has encountered resistance in the 2930-2940 area many times, and formed a triple top structural resistance in the short-term structure; and before the NFP market on Friday, I think it is difficult for gold to form a unilateral trend market, and it may still be dominated by maintaining a volatile market, so it is not easy for gold to break through the 2930-2940 resistance area in the short term.
So in short-term trading, I think gold is below 2930, and we still have the opportunity to short gold again, but the short-term TP setting can move up to the area around 2910-2900.Bros, profits are the ultimate goal in trading. Accumulating profits is what changes lives and destinies. Choosing wisely is far more important than just working hard. If you want to replicate trade signals and earn stable profits, or if you want to deeply learn the correct trading logic and techniques, you can consider joining the channel at the bottom of this article!
Gold still has room to continue falling,continue to short goldBros, according to the trading strategy shared in my last article, whether you are short gold in the 2915-2925 zone or long gold near 2900, I believe you have made very considerable profits in both long and short transactions. Currently, gold is trading around 2913, and volatility has narrowed, gold should still have room to continue falling. Gold fell from the interim high of 2956 to around 2832, a total drop of more than $120, but pulled back to around 2928 with two huge positive candlesticks within 2 days. The rebound was too fast and did not go through the stage of shock bottoming and rebound. So the too fast rebound is actually not conducive to the continued rise of gold; in addition, according to the current structure and symmetry of gold, gold still has the need to continue to fall back to the 2895-2885 area in a short period of time, as shown in the following figure:
So in short-term trading, we can still keep the rhythm of shorting gold!
Bros, profits are the ultimate goal in trading. Accumulating profits is what changes lives and destinies. Choosing wisely is far more important than just working hard. If you want to replicate trade signals and earn stable profits, or if you want to deeply learn the correct trading logic and techniques, you can consider joining the channel at the bottom of this article!