Get started

Xauusdtrade

The idea of shorting gold has been verified againIn the gold trading strategy today, before the release of the ADP data, I have been reminding everyone not to easily open a long position in gold, mainly to short gold at a high level.Five minutes before the release of the ADP data, I was still reminding everyone that I am more inclined to short gold at a high level. From the perspective of the whole day, there is actually not much room for gold fluctuations, and of course the trading and profit margins are relatively small. At present, under the influence of negative ADP data, gold has fallen in the short term, and the current lowest has dropped to around 1945. However, it is relatively weak in the short-term rebound process, so our trading strategy of shorting gold is completely correct.According to the current structure, gold will definitely test the support of the 1940-38 area, and may even pierce the 1940 position.So when gold touches the 1940-35 area for the first time, you can try to do long gold in small batches,prudent friends can wait for gold to rebound to the 1955-60 area to short gold again. Every day, I make more detailed trading plans and trading signals based on the real-time market situation, which is also the testimony of every successful transaction and profit of mine. For more trading signals and trading plans, you can follow the bottom of the article to view the details!
OANDA:XAUUSDShort
by Trader_Christofer
XAUUSD: Today's gold analysis and operations The overall trend of gold yesterday was strong, Asian trading fell, European trading rebounded, so the United States should be a trend of rising and falling. The market as a whole is still in a strong, and the daily Bollinger band began to close, the gold price is expected to move closer to the middle track, and the middle track is also near the support of the uptrend line, so today above 1954-53 continue to look strong, and the monthly line is a typical strong form, even if there is a fall to continue to be bullish. In the short term, H4 has now reached the support of the moving average, and here is also near the position of the medium rail, and the fall in the morning is enough, so the bullish can be long around 1957. 1971-1975! Focus on the strength of the European plate, the European plate is strong, and the US plate continues to withdraw more; The European plate is weak, the United States plate does not break 1951 to see the bottom rise! gold:buy@1952-1957 tp 1965-1970
FOREXCOM:XAUUSDLong
by HectorBrown1
XAUUSD: Today the rally is mainly short Gold broke through the important pressure level of 1964 last Tuesday, and did not go much further than 1987 pressure began to call back, from last Wednesday, I will give you every day to emphasize that the rebound is about to end, we have also begun to layout short orders, from the trend rhythm of gold last week, the market bulls have been greatly shaken, the weakening of bull confidence mainly from two aspects: First, in the past two days, the US index has continued to rebound, beyond the scope of expectations, and the market's expectation that the Federal Reserve will continue to raise interest rates is suppressing the rising confidence in gold; Second, the technical structure of gold itself does not support the kind of rising state in the first half of the week, and the current reversal is also a negation of the Daysun line on Tuesday. So next week, before the interest rate resolution, we are still mainly short, and after the interest rate resolution, we are making specific adjustments according to the data. Above 1968-1975-1987 are the points where we can lay out empty orders. Strategies for making orders today: gold:sell@1968-1973 tp 1950 gold:buy@1948-1953 tp 1965
FOREXCOM:XAUUSDShort
by HectorBrown1
Gold Continues the bull runDear Traders what a Fantastic week it was last week, as Gold break the Resistance level at 1983.5 in the 4HR timeframe and now doing a pullback to mitigate the value gaps that were left behind. Last week I predicted using the Fib and indicated that Gold could retrace to the 0.786 zone on the Fib which is also an area of value and Gold has really gone to the 0.786 Fib zone. We keep to our plan to buy from dip. The breakout at 1983.5 has open the move to 1993. The yellow metal was rejected at the 0.786 and form a Doji candle that signal a reversal. Bullish Target; 1983.5, 1993, 2022.3, 2047.04. Bearish Target; 1965.9 DONE, 1957.6, 1939.6, 1929.5 Dont forget to hit the like, share, comment and follow bottom. Your engagement with our post inspires me to work hard and give you accurate predictions. #Vimhype
OANDA:XAUUSDLong
by Vimhype
XAUUSD: Summary this week and analysis next week This week's market is over, during which time our signals were very accurate and we made a good profit. Next week, the precious metals market will usher in the Federal Reserve interest rate resolution, followed by Powell's speech, these news will bring big fluctuations, and the wonderful continue next week, everyone continues to pay attention to, must stabilize returns The US index rebounded in a volatile week, the Fed's decision to raise interest rates next week is expected to support the dollar recovery, the next week, the market will usher in a super week of central bank meetings. The Federal Reserve, the European Central Bank, the Bank of Japan and the Bank of Canada will all release their latest decisions. On the economic front, attention will be focused on the preliminary U.S. second-quarter GDP and initial jobless claims data on Thursday, and the final University of Michigan consumer sentiment index for July on Friday Join me and don't let procrastination and hesitation stop you from making money!
FOREXCOM:XAUUSD
by HectorBrown1
XAUUSD:Short-Term Focus 1970-1985 Yesterday was negative, so the short-term is a stagflation rhythm, but if it goes directly to V and reverses the decline, the price should rebound again at the key support. The high point of the second rebound is lower than the previous high and then falls again. It can be confirmed that the stage top appears, which is consistent with the structure formed by the previous bottom. The short-term price focuses on the 1970-1984 range More analysis and signals will be updated in time, and interested friends can keep up.
TVC:GOLDLong
by Dylan-Jones
XAUUSD 1H SELL PROJECTION 21.07.23FUNDAMENTALS * Spot gold GOLD rose 0.1% to $1,971.79 per ounce by 0119 GMT. Bullion gained nearly 1% so far this week. * U.S. gold futures GOLD gained 0.2% to $1,973.80. * The metal slipped on Thursday from a two-month high as the dollar and bond yields climbed on stronger-than-expected U.S. labour market data. * The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, touching the lowest level in two months amid labour market tightness and defying efforts by the U.S. Fed to slow demand.
OANDA:XAUUSDShort
by kripsonfx97
Insist on shorting goldFirst of all, I want to say that it is definitely not possible to chase more gold above 1980. Obviously, the high point of 1985 must be maintained at least until the end of this week. It is impossible for the 1985 high to be broken this week, and the probability of this is very small. If it is broken here at 1985, then it will look to the upper suppression point near 2008, which I think will hardly appear this week. From the hourly chart, it can be seen that in the early stage of gold, after reaching 1985, it failed to break through effectively many times, and it has been rectifying the trend for a long time. Well, this time it is very likely that the previous trend will be copied and the rectification will continue. The current effective support of gold is around 1965, because 1965 is the previous suppression point, and it has also been converted from resistance to support after breaking the position. Therefore, if gold falls next, the target position is also near the 1965 position. Therefore, in terms of trading, you can wait until gold is above 1980 to short gold, and the lower target looks at the 1965-60 position. For more trading signals and trading plans, you can follow the bottom of the article to enter to view the details!
OANDA:XAUUSDShort
by Trader_Christofer
Keep shorting gold, keep making moneyThe price of gold broke through the 1970 mark in the European market just now, and once refreshed the 1972 high point. At present, it fell back from the high point of 1972 again in an instant, and returned to the bottom of 1965 for consolidation. First of all, for the U.S. dollar, I currently think that the U.S. dollar is likely to fall here for the last time, although the U.S. dollar has been hovering around the 100 mark and has not risen. But the dollar is now showing clear signs of bottoming out. In addition, from the perspective of gold, the obvious strong suppression area near 1970 in the early stage took a long time to rectify before it came out of the space. At present, it is definitely not so easy to go up near 1970 again, so it is very likely that gold will maintain the same 1970-40 consolidation as before. Then it will be easy to operate in the next step. We still need to maintain the short trend of gold to operate. In the 1960-70 range, it is still possible to open a position to short gold, and the target below is 1950-48. For more trading signals and trading plans, you can follow the bottom of the article to enter to view the details!
OANDA:XAUUSDShort
by Trader_Christofer
Update Gold Chart Boooom the metal went as predicted on our Channel, We are still of the view that Gold is going up to achieve a high and we look to buy from all area of value but in as much as we look to buy we will also take the advantage of the selling opportunities available. We believe gold could reach the 1939.6 or the 1929.5 area of value in the 4HR timeframe before it could go up. Bullish Target; 1945.8, 1954.3 1961.3 1970.8 Bearish Target; 1928.4, 1939.3 Our plan to Buy remains key Dont forget to hit like, share, comment, follow Bottom #Vimhype
OANDA:XAUUSDLong
by Vimhype
XAUUSD: Operation plan This week brings the June retail sales monthly rate, as well as eurozone CPI and ECB speeches! Today's open down 1950 position, continue to watch the pullback below 1955 continuation. The lower continuation continues to see support at the 1940 position, where support is effective, rallying again, and the upper break above 1955 continues to see resistance pressure from 1963. If the market continues to fall back, below the 1940 position, continue to see support for the 1924 position.
FOREXCOM:XAUUSDShort
by HectorBrown1
1
Keep shorting gold, keep making moneyOn Thursday, data showed that inflation was cooling but the labor market remained tight. Gold is currently hovering near a one-month high, reaching a high near 1963. The U.S. dollar index fell below the 100 mark for the first time in 14 months, its lowest level in more than a year, amid expectations that the Fed may soon end its rate hike cycle. The so-called craziest time in the market may be the most dangerous moment, especially when the US dollar has fallen below the 100 mark and the entire non-U.S. market has reached new highs, I think the danger is coming. In my opinion, the US dollar may be facing the last drop here, and it will start to reverse later. As far as gold is concerned, it is obvious that it cannot be chased at the moment. The area above 1965 is obviously suppressed by the daily moving average. Before the entity stands above 1965, gold may fall at any time. So at present, I suggest that you can short gold in batches in the 1960-65 interval. The first target is the 1948-50 area, and the second is the 1938-40 area. For more trading signals and trading plans, you can follow the bottom of the article to view the details!
OANDA:XAUUSDShort
by Trader_Christofer
Be careful of gold rushing high and then falling backI told you in the previous article that once gold stands above 1940, gold is bound to hit 1960-65. The current market is also in line with my expectations, reaching the top range of 1960-65. Judging from the current trend of the gold structure, gold has reached the top position of the head-and-shoulders bottom. It stands to reason that this round of rebound trend should be basically coming to an end. At present, the vicinity of the 1965 position is also the suppression point of the daily and weekly moving averages, so it will not be so smooth to break through this area. That is why I reminded everyone yesterday and today not to chase long gold in the current area, and when the market is unanimously optimistic about gold, we must be particularly cautious to prevent gold from falling after a high or adjusting the market. For more trading signals and trading plans, you can follow the bottom of the article to view the details!
OANDA:XAUUSDShort
by Trader_Christofer
CPI data will guide the direction of gold, long or short gold?Although the bullish potential of gold is strong today, my trading signal of shorting gold at the 1938-40 position also captures short-term profits very well. Now I am not trading gold, because gold is currently fluctuating back and forth between 1930-33, and there is not much profit margin, so I am not trading for the time being. At present, the gold bulls are strong, and the short-term is suppressed by the 1940 position. Whether gold will continue to rise or encounter obstacles, the CPI data on Wednesday may guide the short-term direction of gold. As can be seen from the picture, the gold station reached around 1930 and reached around 1940, so 1930 was converted from the previous suppression point to support. According to theory, we should call back 1930 and enter the market again to do long. However, according to the previous trend analysis, I think 1930 is not appropriate, because once gold says that it pulls back and falls below 1930, then gold may go around 1925-22. So I haven't been long gold near the 1930 position for the time being. Today we have made good profits in gold trading, and the crude oil orders we are holding now have also made certain profits. I believe we will get better returns in the future. For more trading signals and trading plans, you can follow the bottom of the article to view the details!
OANDA:XAUUSDLong
by Trader_Christofer
In the process of gold rising, the band shorts goldAfter the release of the U.S. CPI data, gold rose by nearly $15 in the short-term and then fell back. So far, gold has reached a high near 1958. Gold is currently suppressed on the weekly line, and the suppression point of the upper moving average is at 1955-56. As long as the daily line closes below 1955, the market outlook will inevitably continue to pull back. Conversely, if the daily line closes above 1956, then it will continue to test the suppression point near 1965. Therefore, above 1950, I definitely do not recommend that you continue to chase long gold. At present, the position below 1949 is very important in the short term. If it falls below the 1949 position on Thursday, then gold may continue to fall to the 1938-37 area, followed by the 1930-27 area. Therefore, if you continue to trade gold at present, I do not recommend chasing long gold directly. On the contrary, you can enter the market to short gold at 1956-58. The first target below is 1949, followed by the 1940-37 range. For more trading signals and trading plans, you can follow the bottom of the article to view the details!
OANDA:XAUUSDLong
by Trader_Christofer