Xauuusdbuy — Trading Ideas on TradingView

Gold Poised for a Surge: 3400 in Sight, 3430 Within Reach Today, gold retreated to a low of around 3350 before rebounding again, reaching a high of around 3390. During this process, we seized the opportunity to go long on gold near 3356 and closed the trade by successfully hitting TP: 3380, making a profit of 240 pips! Although gold retreated after reaching 3390, I had originally planned to short gold near 3395, but gold didn't reach that level during the rally, so our shorting plan had to be shelved. Currently, it's trading in a narrow range around 3380. Clearly, I'm not considering shorting gold after a pullback. Although gold retreated to around 3350 during the day, it did not destroy the current bullish structure of gold. In addition, gold regained the 3370-3375 area again during the rebound, and the gold bulls became even stronger. Therefore, I have now lost the desire and interest to short gold. Gold has currently reached a high near 3390. Given its current structure and strength, I don't believe 3390 is the current high. Gold is likely to attempt to break through 3400, and even has the potential to continue its rise to the 3420-3430 range. As the center of gravity of gold shifts upward, the current short-term support has moved up to the 3375-3365 area; and the relatively strong support is located in the 3360-3350 area. Therefore, for short-term trading, I prefer to start trying to go long on gold after it retreats to the 3375-3365 area, and expect gold to hit 3400 as expected, or even continue to the 3420-3430 area.

Gold turns bearish in the short term Gold has weakened once again, with the price dropping rapidly and breaking through the support level of 3022, heading towards the sub - 3000 zone. The previous strong upward trend in the gold market has come to an end! The price has dipped to test the 3000 level for the first time, and the market direction has turned bearish. The bearish trend is now firmly established, so it is advisable to set aside long positions for now, as the market is currently dominated by bears. Once the gold price rebounds and adjusts, short positions can be considered again. XAUUSD sell@3025-3030 I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.

Start going long gold Bros, yesterday I emphasized that the key resistance area for gold in the short term is in the 2720-2725 area. Starting from today's London market, gold is just suppressed below 2720 and is currently fluctuating in the 2720-2700 area. In fact, at this time, whether we participate in long or short transactions, we have no way to make a move! According to the current decline, gold is just profit-taking, and it is not sold off. If gold is sold off, the decline will be far more than that. So it is not completely certain that gold will return to the short trend. So the bulls still have the ability to fight back. The 2705-2695 area below is the last line of defense for the bulls. If gold falls below this area, then gold may be sold off and continue to fall. But before a break below this support area, we have one more opportunity to go long gold. If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!

NFP Trading Opportunity: High-Risk, High-Reward! NFP Trading Opportunity: High-Risk, High-Reward! For those who thrive on high-stakes trades, the upcoming NFP report presents a compelling setup. This is a #H1 Buy setup with significant potential, but it comes with higher risks due to the NFP data release. Aggressive Traders: 📈 You might consider jumping into this setup with the expectation of substantial rewards. But beware! The stop loss for this trade might stretch over 150 pips. If you’re willing to take this risk, keep a sharp eye on the #H1 chart. Safe Traders: 🛡 For those who prefer a more cautious approach, reducing your lot size to 30% of your usual trade size can mitigate some of the risk. Trading Plan: Buy Signal: Look for a #H1 bullish candle closing above 2498. Enter long with a stop loss around 2480-2478 and target 150-350 pips. Sell Signal: If you’re leaning towards a sell, place your sell order with the same 2498 level as your reference. Set your stop loss based on the candle closing—if #H1 closes above 2498, exit your sell position and consider switching to a buy. 🔥 Stay sharp and trade wisely! 🔥