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Xauusdtechnicalanalysis

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
OANDA:XAUUSDShort
by Trader_Marvin
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
OANDA:XAUUSDShort
by Trader_Marvin
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
OANDA:XAUUSDShort
by Trader_Marvin
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
OANDA:XAUUSDShort
by Trader_Marvin
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
OANDA:XAUUSDShort
by Trader_Marvin
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
OANDA:XAUUSDLong
by Trader_Marvin
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
OANDA:XAUUSDLong
by Trader_Marvin
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
OANDA:XAUUSDLong
by Trader_Marvin
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
OANDA:XAUUSDLong
by Trader_Marvin
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
OANDA:XAUUSDLong
by Trader_Marvin
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!
OANDA:XAUUSDShort
by Trader_Marvin
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!
OANDA:XAUUSDShort
by Trader_Marvin
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!
OANDA:XAUUSDShort
by Trader_Marvin
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!
OANDA:XAUUSDShort
by Trader_Marvin
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!
OANDA:XAUUSDShort
by Trader_Marvin
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!
OANDA:XAUUSDShort
by Trader_Marvin
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!
OANDA:XAUUSDShort
by Trader_Marvin
First short gold, then long goldBros, driven by risk aversion, gold has risen rapidly to above 2920, breaking through the recent consolidation range of 2895-2885. However, due to the promotion of news, the continuity of gold's rise may not be strong. We must be careful of the trend of falling after rising, so we cannot aggressively chase long gold in short-term trading; After consolidating in the past two days, gold has risen through the stimulation of news and got rid of the bottom area, and the rising structure is relatively complete. Then gold may try to rush into the upper 2930 resistance area again with the support of the rising structure, or even near the previous high of 2956. So in the next transaction, we can wait for gold to fall back to the 2900-2890 zone and try to go long on gold; Of course, for now, before gold falls back to 2900-2890, we can safely short gold again in the 2915-2925 zone; after gold falls back to 2900-2890, we will go long on 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!
OANDA:XAUUSDLong
by Trader_Marvin
Still short goldBros, after gold continued to rebound to around 2893, it encountered resistance and fell back in this position area many times, which consumed the bullish momentum to a certain extent. This position area happens to be the 50% segmentation area from the high point of 2956 to the low point of 2832. So if gold fails to break through this area many times, it will hit the morale of the bulls to a certain extent. In addition, although gold rebounded to the 50% retracement position area in one go, which exceeded my expectations to a certain extent, it did not form a solid structural support after touching around 2832. The technical pattern of "single needle bottoming" alone cannot support gold to continue to rebound and break through the key resistance area. Therefore, on the technical level, gold still needs to continue to step back and confirm support. So in the short term, I am still willing to try to short gold. The upper resistance area is in the 2895-2905 zone, and the lower support area is in the 2875-2865 zone.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!
OANDA:XAUUSDShort
by Trader_Marvin
2
Unwavering belief in short sellingBrothers, I have already shorted gold according to the trading plan. Do you have the courage to short gold with me? At present, the volatility of gold is converging and maintaining a narrow range of fluctuations near 2890, but it is obvious that the rebound of gold is insufficient to support the continuation of the rebound and breakthrough of gold. Therefore, after consuming a certain degree of bullish power, the bears will regain control of the situation. And I also have the following reasons to believe that gold will retest the 2875-2865 area again. 1. The upward breakthrough of gold is insufficient, and it needs to retreat to increase liquidity and attract more bulls to enter the market; 2. After the sharp drop in gold, there is no strong structural support for gold to continue to rise at the technical level, and the bottom support is not reliable; 3. Gold hesitated in the key resistance level area, which consumed the bullish momentum to a certain extent. Gold needs to retreat to accumulate more momentum. So based on the above three points, I am still confident in my short position, and I believe that my short position will definitely bring me satisfactory returns.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!
OANDA:XAUUSDShort
by Trader_Marvin
2
Continue to short goldBros, gold is currently continuing to rebound to around 2892. This wave of rebound is really unexpected. It was originally expected that gold would fall back after rebounding to around 2890. Unexpectedly, gold broke through the 2890 mark after a slight pause. Fortunately, gold was not strong during its breakthrough, indicating that the sustainability of gold's rebound remains to be examined, and the 2900-2910 zone above poses structural resistance to gold in the short term. I predict that gold will fall back again before it can even touch 2900, so I am still optimistic about gold's retracement in the short term. Now I have shorted gold. Although I have a slight loss now, I am not worried about my short position. If gold cannot continue and break through the 2900-2910 zone in one fell swoop, gold will also retest the 2875-2865 support zone. 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!
TVC:GOLDShort
by Trader_Marvin
Gold can make money both long and shortGood morning, bros! Today is the beginning of a new week of trading. I pray that everything goes well for us this week! Gold is currently calm, but behind the calm there are often greater opportunities. Gold is currently trading around 2860. To be honest, when gold fell to around 2830 last week, gold has turned from strong to weak. However, gold once rebounded to above 2855 on Friday, proving that there are still a certain number of bulls who are engaged in self-rescue behavior, or are still relatively optimistic about the prospects of gold. So gold may still have good rebound momentum during the decline, so we should not blindly chase short gold in trading. Then if gold does not fall below 2855 during the decline, gold is likely to rebound to the 2870-2880 area, or even 2890. So for short-term trading, we have two feasible trading methods: 1. After gold retests to the 2860-2855 area, you can try to go long on gold; 2. After gold rebounds to the 2875-2885 area, we can go short on gold again 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!
OANDA:XAUUSDShort
by Trader_Marvin
If the rebound does not exceed 2660, continue to short goldBrothers, I have been emphasizing yesterday and the day before yesterday that gold will definitely retreat to the 2840-2830 area. At present, the lowest price of gold has reached around 2832, hitting my expected target area as expected. And I emphasized in the previous article that gold has a certain support near 2830. We can play long gold near 2830. We only held the position for half an hour, and we made 100 pips in the short-term gold long transaction. I feel very satisfied with this. Of course, you can also refer to my previous update, which is well documented! Gold is currently rebounding after hitting 2830, but as long as gold rebounds not beyond the 2860-2870 area, gold will continue to fall next week. In fact, according to the starting point of the previous round of rise, it rose from 2586 to 2956 and then began to retreat. Its 50% retracement level is near 2775. The 61.8% retracement level is near 2815. If gold continues to fall next week, it is very likely to test the 2815 area, or even lower to the 2800 mark. So next we will focus on the strength of gold's rebound. If the gold rebound does not exceed 2860-2870, we will still focus on shorting gold in the next transaction.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!
OANDA:XAUUSDShort
by Trader_Marvin