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Xauusdtrade

Seize the opportunity of short-term shorting goldI reminded in the previous article that this week is likely to be an opportunity for bulls to set sail, and gold will definitely challenge the 1938-40 resistance area. Clearly gold is moving pretty much in line with my expectations and is currently challenging my expected resistance zone. Well, gold is currently challenging the 1938-40 resistance area and has failed to break through many times, so gold is likely to fall here in the short term to gain momentum. I also reminded in the article yesterday that it is relatively safe to short gold at least in the area around 1935, so in short-term trading today, the trading strategy I announced today is: Xauusd: @1938-40 Sell, TP: 1930 We still continue to hold the transaction order and have already made a small profit. I think this is a good phenomenon, and it is very likely to reach my expected profit target. For more trading signals and trading plans, you can follow the bottom of the article to view the details!
OANDA:XAUUSDLong
by Trader_Christofer
Must be long gold, 100% make moneyYesterday and today, I specifically reminded that gold can be long gold around 1920. Although gold has fallen back, we still have some profits. As of today, the current lowest level of gold has just reached around 1920. The position of 1920 is a magical position, and I am 100% going to be long gold in this position. First of all, from the perspective of the daily line, gold is supported by the short-term moving average at the position of 1920 and 1917; in addition,I mentioned in my article last week that the hourly level and the 4-hour level have respectively stepped out of the head-and-shoulders pattern, and are currently developing according to the trend I drew. So if 1910 is the main shoulder, then 1920 may be the secondary shoulder. As long as the entity closes above 1920, the first goal is to look at 1935-40 as in the previous trend. The top is here at 1960-65, which is exactly the same as our daily analysis above, forming a resonance. For more trading signals and trading plans, you can follow the bottom of the article to view the details!
OANDA:XAUUSDLong
by Trader_Christofer
Long gold is 100% profitable trading strategyOur overall profit last week was very good. In the case of an average transaction volume of 2 lots, we also made a profit of 10K last week. Of course, if your transaction volume is more, the more profit you will definitely earn , indicating that our trading strategy is very effective. After touching around 1935 on Friday night, there was a short-term correction trend, and it remained around 1925 as of the close. Looking at the trend next week, I am still bullish on gold, and gold is bound to reach 1940. From the chart, 4 hours is an obvious head-and-shoulders pattern. 1910 is already confirmed to be the shoulder position. This may be a low point. I predict that the probability of gold falling below 1910 is very small. , if it does fall below 1910 again, then the trend will change. At the beginning of next week, we will focus on the support of the 1920-15 area, because judging from the previous trend, it is also a trend to pull back to the support of the 1920-15 area after touching the 1930-35 area, and then go up again. Therefore, next week, I suggest relying on entering the market near 1920-15 to do long, with a defensive stop loss below 1910, and the upper target first looks at 1940, followed by the top position of 1965-60. For more trading signals and trading plans, you can follow the bottom of the article to view the details!
OANDA:XAUUSDLong
by Trader_Christofer
1
Profitable trading strategy: Short goldToday must be a day full of opportunities for the gold market. Gold fell to the lowest line of 1915 yesterday. This round of rebound has basically come to an end, so gold has returned to the bearish trend. Later, the US ADP data and initial jobless claims data will be released, which will affect the gold market, and this is also a very good opportunity for us. The current short trend of gold is relatively stronger, so we are more inclined to short gold in operation. In the current short-term structure, we need to pay attention to the resistance of the upper 1923-25 area and the lower support of 1910. Therefore, in terms of future market operations, I suggest that you can continue to enter the market around 1922-24 to short. Below is the first look at 1915, followed by the situation of 1910 breaking positions. For more trading signals and trading plans, you can follow the bottom of the article to view the details!
OANDA:XAUUSDShort
by Trader_Christofer
1
Continue to do long gold at a low levelThe gold trading signal I announced today is to do long gold near the position of 1921-1923, and successfully reached our profit target position of 1928, and achieved good profits. From the perspective of the US dollar, the US dollar has been suppressed around 103.4 and failed to break through. Therefore, from the perspective of space and time, the probability of the US dollar falling next is very high. So from the perspective of the US dollar, we must focus on doing long positions at low prices for non-US products. According to the gold structure, the current short-term support is at the 1919-1920 area, and it should not fall easily in the short term, and the current 1930 position needs to be broken through, and from the range point of view, the 1930 position is not the short-term top position, 1937-1940 is the current short-term top position. So gold still has the potential to break through upwards. Therefore, in terms of future market operations, I suggest that everyone can continue to enter the market around 1920 and do long. First look at 1930 at the top, followed by the 1937-1940 high point. For more trading signals and trading plans, you can follow the bottom of the article to view details!
OANDA:XAUUSDLong
by Trader_Christofer
Patiently wait for the callback to do long goldThe U.S. market is closed today, so the gold market will end early, and it is expected that there will be no relatively large fluctuations during the day. However, the gold long order we bought in the 1910-1912 area today successfully reached our profit target 1918 position and achieved relatively good profits. According to the current trend of gold structure, after the rebound on Friday and today, the bullish momentum of gold is still there.From the hourly chart, gold is currently showing a rising flag, and the support we see is almost in the 1920-1915 area, so what we are waiting for next is this range,if gold pulls back to this position, then we will have the opportunity to be long gold again. Of course, if the trading style is aggressive, you can choose to short gold around 1930-1932, and look at 1920-1915.If you are stable, I still tend to wait for the gold to pull back and go long, and the target is 1937-1940. For more trading signals and trading plans, you can follow the bottom of the article to view the details!
OANDA:XAUUSDLong
by Trader_Christofer
1
Short-term continuation of bullish momentum, long gold!I reminded everyone very early today that gold still has bullish potential today. For short-term trading, we can fully rely on support levels to do long gold. Today I am long gold in the range of 1910-1912, and I have reaped relatively good profits so far. XAUUSD: @ 1910-1912 Buy, TP: 1918 At present, gold maintains a volatile structure, but with the rise last Friday and an effective breakthrough, and today's multiple downward tests failed to break below short-term support, so gold still has the momentum to rise.Then we can continue to hold the long positions we currently hold, and wait patiently for the profit target to be reached. For more trading signals and trading plans, you can follow the bottom of the article to view the details!
OANDA:XAUUSDLong
by Trader_Christofer
Keep shorting gold after waiting for gold to reboundIn gold trading today, gold did not reach the 1916 line where we expected to be short, but we have won a rebound profit very well. We were long gold in the 1894-1896 area, and successfully reached our expected stop profit target line 1903-1905, and also obtained relatively considerable profits. At present, gold is fluctuating around the 1910 position as I expected, and there is no good trading opportunity to participate. I think many people are eager to short gold again around 1910, but according to the current gold structure trend, gold may be supported around 1905, and this wave of rebound may not be over yet. So we are not in a hurry to participate in shorting gold for now. Overall, we are still bearish on gold, so I still tend to be short gold after rallies. Steady Trader: XAUUSD: @ 1916-1918 Sell, TP: 1905 Aggressive Trader: XAUUSD: @ 1922-1925 Sell, TP: 1905 For more trading signals and trading plans, you can follow the bottom of the article to view the details!
OANDA:XAUUSDShort
by Trader_Christofer
Continue to short gold after rebound,100% make moneyIn recent trading, our gold short position has reached our take profit target many times, very good trade. The current lowest point of gold has dropped to around 1902, and gold has rebounded repeatedly by relying on the 1900 mark, which shows that 1900 still has a certain support for gold, so gold will inevitably bottom out and rebound. Therefore, it is impossible to chase short positions at this position, and there is a high probability of a rebound here. However, the current trend of gold is still biased toward the short run, so after the gold rebounds, we can participate in shorting gold. Aggressive Trader: XAUUSD: @ 1916-1918 Sell, TP: 1905 Steady Trader: XAUUSD: @ 1922-1925 Sell, TP: 1905 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: Sell In the past three weeks, gold has been oscillating in the 1970-1930 area. Within this range, 1940, 1955, and 1969 have been tested repeatedly. Yesterday’s closing price was around 1958, which is considered to have broken through the resistance of 1955. However, in the 1h chart, the form of MACD is at a high level, with a downward trend, and the K-line arrangement has a head-and-shoulders trend. So in yesterday's trading, after the end of the short trading in 1961 and 1960, my strategy is still to short at high positions. Because if it forms a head and shoulders top pattern, then it must fall below 1950. Trading Signals: sell: 1958-1963 tp:1953-1938
FOREXCOM:XAUUSDShort
by Roey_
XAUUSD: Sell Yesterday, gold was resisted at 1939. When the news about Powell appeared, it quickly fell below 1920, and then rose rapidly. Haha, Powell is really a great helper for the bears. There is still important data today, and Powell will attend the hearing again. Guess, will gold fall today? Except for the fundamentals, in the technical form and 2h chart, MACD has a tendency to form a dead cross. If it is formed, let’s look at the support near 1913 first. I will post my views on the channel later, and you can watch it.
FOREXCOM:XAUUSDShort
by Roey_
GOLD 19/6 @ Downtrend prevailsThe price of gold (XAU/USD) is currently being affected by negative market sentiment towards China and concerns about the Federal Reserve (Fed). It is currently trading near its lowest point of the day, around $1,955 in early Monday trading in Europe. Recent news about several banks lowering their growth forecasts for China has dampened investor appetite for risk and put downward pressure on the price of gold. Additionally, comments from Fed policymakers that lean towards a more hawkish stance, along with the latest report from the US central bank to Congress, have also influenced the XAU/USD price. It is also because of pressure from bad news from the world. Gold price has not been able to break through the Break out area of $1968, it is still trending down this week, June 19, 2023 Entry Short $1968 -$1970 , Buy zone $1943 - 1940 Use the technical analysis indicator strong resistance point at $1968 combined with the moving averages MA34 and MA89 , for a nice entry point .
TVC:GOLDShort
by DNA_TradingFX
17
XAUUSD: Buy We plan to trade long in the 1958-1948 range today, and the current minimum is 1949. 45m in the chart. The dead cross of MACD has formed. As I said, after the dead cross is formed, its short power will begin to weaken. This is the time for us to trade long positions. Now, our long trades have begun. From the graphic point of view, the current resistance is at 1955, and the support is at 1948 (this is why I plan to do more here today). If it falls below, our long trading will be trapped, but I think this probability is not high. The biggest possibility is that it breaks down quickly and then rebounds quickly, forming a long lower shadow line. Therefore, in this transaction, the probability of our profit again is still very high.
FOREXCOM:XAUUSDLong
by Roey_
2
XAUUSD BUY PROJECTION 11.06.23Looking at the daily chart of XAUUSD, we can see that the overall trend is bullish, with the price trading above its 50-day and 200-day moving averages. The price has also recently broken out of a short-term consolidation pattern, indicating a potential continuation of the uptrend. The Relative Strength Index (RSI) is currently in overbought territory, which could suggest some near-term weakness or a potential pullback. That said, it's worth noting that the RSI has been in overbought territory for several days now without any significant selling pressure, so it's possible that the bullish momentum could continue. In terms of key levels, the first level of support to watch is around $1,950, which is the recent breakout level and also coincides with the 50-day moving average. Below that, the $1,900 level could provide additional support. On the upside, the next level to watch is the recent high of around $2,075. A breakout above that level could signal a continuation of the uptrend, potentially targeting the 2020 high around $2,075. Overall, while there could be some near-term volatility or potential pullbacks, the technical outlook for XAUUSD remains bullish in the medium to long term. It's important to always use proper risk management techniques, such as stop-loss orders, when trading or investing in any financial instrument.
OANDA:XAUUSDLong
by kripsonfx97
GOLD - Bulls are working hardAccording to the H4 chart, the short-term outlook for the XAU/USD pair seems favorable, despite a slight loss in upward momentum. Technical indicators have flattened out after crossing into positive territory, as the pair consolidates near daily highs. Gold has also recovered above the 34 EMA and is trending upwards. However, the $1,970 level has seen resistance from sellers, and immediate resistance must be surpassed for the pair to extend its rally to the next Fibonacci retracement at 38.2%, located at 1,985.65$. Keep an eye out for a potential breakout above the 1970 price zone , which could trigger a new uptrend for gold. If using the Temporary Breakout strategy, wait for a close above the zone and set a stop loss at the nearest price stop.
OANDA:XAUUSDLong
by DNA_TradingFX
11