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GOLD trade ideas

GOLD Took Third Scenario , New Entry Valid To Get 500 Pips !Here is my second place we can buy gold from it after the first entry that gave us more than 700 pips from last analysis please check it to know all scenarios for the next days , now i`m looking to buy gold again after retest the previous high that already broke , and with any bullish P.A , We can enter a new entry with 500 pips target . This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
FX:XAUUSDLong
by FX_Elite_Club
8
(XAU/USD) 1H Chart: Long Setup Targeting 3,500 with Key Support Entry Point: Suggested near 3,301.51 USD (marked with the purple support zone). Stop Loss Zone: Below 3,266.87 to 3,221.67 USD (marked in blue and purple). This is where you limit your loss if the trade goes wrong. First Target (Target Point One): 3,376.65 USD. Final Target (EA Target Point): 3,523.55 USD (~8.26% potential gain from entry). Main Setup Idea: The price is consolidating around the support zone. There's a plan to buy (go long) at the purple zone (Entry Point) and aim for the two target points
CAPITALCOM:GOLDLong
by EA_GOLD_MAN_COPY_TRADE
3
GOLD SMASHES THROUGH $3,450🚨 GOLD SMASHES THROUGH $3,450 – IS THIS THE START OF A GLOBAL FINANCIAL RESET? 🚨 🔥 Unstoppable Surge in Motion 🔥 Gold has soared past $3,450 as Asian markets opened, climbing over $100 a day! In just two weeks, gold is up by over $500 — this isn’t just a rally, it’s a major structural breakout. A surge in demand from Chinese funds appears to be fuelling the rise, with increasing evidence that Asia is leading a strategic shift away from fiat risk. 💷 Is the Dollar in Decline? Investors Flee the Old System 💷 The US Dollar Index (DXY) has taken a sharp downturn — confidence in USD is clearly under pressure. Capital is flowing out of the United States, signalling a move away from the traditional financial order dominated by the dollar. This gold rally isn't just about price — it's a global vote of no confidence in the status quo. 📉 Implications for the UK With the pound holding relatively stable against the dollar, this gold spike presents a unique hedge opportunity. For UK investors, rising gold prices could help offset currency risk and inflation concerns — especially in the face of persistent market uncertainty and geopolitical tensions. 📊 Technical Overview 📊 Gold is currently testing critical resistance around $3,519. A pullback may see it retest support at $3,416 or as low as $3,210. Fibonacci levels indicate a likely consolidation zone around $3,416. The momentum is strong — we could be in the early phase of a global asset rotation. 📈 2-Hour Gold Chart Insight Recent charts show a parabolic move with significant volume, primarily from Asia-based buyers. This is not a short-term speculative move — it's likely a long-term strategic repositioning. 🌍 What Comes Next? 🌍 Should gold maintain levels above $3,450, a move towards $3,600 and beyond looks increasingly likely. Talk of a financial "reset" is no longer just fringe theory — it’s entering the mainstream conversation. From a UK perspective, now could be the time to: Re-evaluate gold as a portfolio stabiliser Reconsider exposure to US-denominated assets Anticipate further volatility across fiat currencies 📌 Key Price Levels to Watch: Resistance: $3,519 / $3,601 Support: $3,416 / $3,210 Upside Target: $3,600+ 📈 Suggested Trading Zones: Buy Zone Entry: $3,424 – $3,422 Stop Loss: $3,418 Take Profit Targets: $3,428 / $3,432 / $3,436 / $3,440 / $3,450 Sell Zone Entry: $3,604 – $3,606 Stop Loss: $3,610 Take Profit Targets: $3,600 / $3,596 / $3,592 / $3,588 / $3,584 / $3,580 💬 What’s your take? Is gold signalling the end of USD dominance? Is the UK prepared for a global monetary shake-up? Let’s discuss. 🪙
OANDA:XAUUSDLong
by MMFlowTrading
3
(XAU/USD) 1H Chart – Bullish Reversal Setup from RBS + RBR Zone1. Current Price: $3,317.27 ● Price is currently in a downtrend after a recent high. ● EMA (9) is at $3,333.80 — acting as dynamic resistance. ⚠️ Watch for potential reversal! 2. Support Zone: 📦 Blue box marked as "RBS + RBR zone!" ● This is a key support area where price might bounce. ● RBS = Resistance Becomes Support ● RBR = Rally-Base-Rally ● Expecting buyers to step in here. 3. Trade Idea: ● Buy near $3,280 - $3,270 (inside the support box) ● Stop Loss: ❌ Below $3,258.00 ● Target: 🎯 $3,500.13 4. Risk-Reward Ratio: ● Target: 🟦 +205.62 points (6.25%) ● Stop: 🔻 Small risk below support ● Good R:R setup if price respects the zone! Scenario Summary 📉 Price is retracing ⬇️ Approaching strong support zone 📈 Possible bounce to $3,500 ✅ High-probability reversal area ❗ Manage risk with tight stop below zone
FOREXCOM:XAUUSDLong
by Jameshead007
9
XAUUSD Analysis Today: Technical and Order Flow !In this video I will be sharing my XAUUSD analysis today, by providing my complete technical and order flow analysis, so you can watch it to possibly improve your forex trading skillset. The video is structured in 3 parts, first I will be performing my complete technical analysis, then I will be moving to the COT data analysis, so how the big payers in market are moving their orders, and to do this I will be using my customized proprietary software and then I will be putting together these two different types of analysis.
OANDA:XAUUSD
by Transparent_Fx_Academy
3
Gold: A Complex Outlook After Reacting Near 3,500Gold: A Complex Outlook After Reacting Near 3,500 In today's video, I discussed potential price movements for gold in the coming days. While the overall trend remains bullish, uncertainty is still present. Be cautious—gold’s direction is not fully clear yet, despite the strong upward momentum. Key price levels and market reactions will help shape the next moves. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
FX:XAUUSD
by KlejdiCuni
7
Gold can exit from wedge and drop to support levelHello traders, I want share with you my opinion about Gold. Price action on Gold has shown strong bullish momentum earlier, as it broke out of the previous upward channel and started forming an upward wedge. The rally gained traction once the price left the buyer zone between 3006 - 3025 points, pushing through multiple resistance levels and creating a new structure of higher highs. After the breakout from the wedge’s support line, the price continued to grow and eventually reached the upper boundary of the wedge pattern. Here, we saw a clear reaction and reversal, signaling potential exhaustion among buyers. Currently, the price is trading just below the upper wedge resistance and has already made a pullback after the latest local high. Given this structure and the fact that the wedge pattern is tightening, I expect gold to reverse again and decline toward 3270, which is my first TP. If pressure continues, the price may drop to the 3210 current support level as TP2. The reaction from the upper wedge boundary, combined with weakening momentum and a strong support area below, supports my bearish outlook for now. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
15
Gold (XAUUSD) 4H Chart AnalysisGold (XAUUSD) 4H Chart Analysis – Textbook Reversal Setup Unfolding 📈✨ Traders, let's break down what's happening on the Gold 4-hour chart right now because this is a very high-probability setup you’ll want on your radar. 🧠 What We're Seeing: After a strong bullish rally, Gold topped around $3,500, followed by a sharp corrective move downward. Price retraced back into a key demand zone (highlighted by the big black rectangle), where we are seeing repeated price rejections and buying pressure coming back in. Notice how price respected this demand zone multiple times, forming a double-bottom-like structure — this indicates that bulls are actively defending this area. We are also seeing a minor break of structure on lower timeframes (small bullish impulse inside the box), which is an early sign that momentum might be shifting back to the upside. 🛡 Key Levels: Demand Zone: $3,260 – $3,280 Immediate Support: $3,280 Current Price: Around $3,319 Next Major Resistance: The previous highs near $3,500 📈 Trading Outlook: As long as the price holds above the $3,260–$3,280 zone, the bias remains bullish. We are looking for a breakout confirmation (higher highs and higher lows) to confirm momentum before loading up heavier. Targeting a full recovery back towards $3,500 in the coming sessions. 🎯 Trading Plan: Entry Area: Dips near the $3,280 support zone. Stop-Loss: Below the demand zone (around $3,250 for safety). Take-Profits: TP1: $3,400 TP2: $3,460 TP3: $3,500 (full recovery) 🔥 Key Takeaway: This is a classic buy-the-dip setup inside a major bullish structure. The risk-reward is extremely attractive at these levels — the market is offering an opportunity for those who are prepared. Stay patient, wait for confirmations, and execute the plan smartly. Let’s get ready to capitalize on this move! 🚀 And follow me for more analysis
VANTAGE:XAUUSDLong
by Nadia_farhat
4
GOLD Trending Higher - Can buyers push toward 3,300$?OANDA:XAUUSD is trading within a well-defined ascending channel, with price action consistently respecting both the upper and lower boundaries. The recent bullish momentum indicates that buyers are in control, suggesting a potential continuation. The price has recently broken above a key resistance zone and may come back for a retest. If this level holds as support, it would reinforce the bullish structure and increase the likelihood of a move toward the 3,300 target , which aligns with the channel’s upper boundary. As long as the price remains above this support zone, the bullish outlook stays intact. However, a failure to hold above this level could invalidate the bullish scenario and increase the likelihood of a pullback toward the channel’s lower boundary. Remember, always confirm your setups and use proper risk management.
OANDA:XAUUSDLong
by TrendDiva
167
XAUUSD Possible Move 21-04-2025XAU/USD Technical Analysis — April 21, 2025 The Gold shows a bullish trend continuation pattern, with price currently testing a key resistance area. Three key levels have been identified for potential buy entries depending on how price reacts: 🔴 1st Buying Level: $3,396 - Breakout and Retest Zone Entry Strategy: Buy only if price breaks above this level and successfully retests it. Condition for Buying: A clear breakout followed by a minor retest confirming support. Condition for Selling: If price gets rejected at this level and shows weakness on a minor retest, a short position could be considered. ⚫ 2nd Buying Level: Around $3,370 Entry Strategy: Buy if price pulls back to this level and it holds as support. Note: This is a more conservative buy zone, ideal if the breakout fails and price retraces. Confirmation Needed: Look for bullish price action like a pin bar or bullish engulfing candle at this level. ⚫ 3rd Buying Level: Around $3,355 (Ideal Entry) Entry Strategy: This is considered the “perfect” buying level. Reason: It aligns with previous structure and demand zone. Best For: Traders looking for a deep pullback with optimal risk-reward potential. 🎯 Bullish Target: $3,425 If price breaks and sustains above the $3,396 level, the next potential upside target is $3,425. Kindly, follow, comment, and like.
OANDA:XAUUSDLong
by QuinnReed_Charts
3
XAUUSD/GOLD Intraday Move 22-04-2025📊 XAUUSD Trade Setup – April 22, 2025 Analysis: Price is currently in a corrective bearish move after a strong bullish rally. We're seeing clear signs of a potential bullish reaction around key support zones. Two major demand zones are identified: Zone 1: 3430 – 3435 Zone 2: 3405 – 3410 These zones align with previous consolidation areas and coincide with the lower Bollinger Band, increasing the probability of a bounce. Expected Price Action: A potential drop into the 3430–3435 zone may trigger a bullish reaction. If this level fails to hold, the second strong buy zone lies between 3405–3410. From either zone, a reversal and bullish continuation towards the 3460–3475 region is expected. 📈 Buy Signal: Buy Entry #1: 3430–3435 SL: 3417 TP: 3460 Buy Entry #2: 3405–3410 SL: 3393 TP: 3460+ 🔁 Wait for bullish confirmation (e.g., bullish engulfing or pin bar) before entering. Kindly hit like, follow, like and comment.
OANDA:XAUUSDLong
by QuinnReed_Charts
3
DeGRAM | GOLD Anchored Above the Channel📊 Technical Analysis GOLD trades within an ascending channel, holding above $3 285 support. A breakout from a triangle confirms bullish momentum. Key targets are $3 360 - $3 380. 💡 Fundamental Analysis Demand is rising amid safe-haven flows, Chinese insurer interest, and central bank buying. A weaker USD and US - China tensions support gold. ✨ Summary Technical breakout and strong fundamentals favor XAUUSD growth. Holding above $3 285 keeps the path open to $3 360. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
OANDA:XAUUSDLong
by DeGRAM
4
"Gold on Fire: Eyeing $3500 After RBR Zone Rebound! "1️⃣ Trend Overview 📈 Strong bullish rally from April 11 to the peak. 📉 Pullback after reaching the recent ATH (All-Time High) zone. 2️⃣ Key Zones 🔵 RBR Zone (Rally-Base-Rally): Marked support area between $3,271.41 and $3,307.04. Acts as a buy zone / entry point. 🟣 ATH Zone: Minor resistance from the recent high. Price pulled back from here before potentially continuing up. 3️⃣ Entry & Target ✅ Entry Point: Around $3,307.04 (top of RBR zone). 🎯 Target Point: Clearly defined at $3,500.71. Potential Gain: +188.59 points ROI: +5.70% 4️⃣ Indicator 📊 EMA (7, close): Currently at $3,329.09 Price is slightly below EMA = short-term correction or pause. Strategy Summary 🟢 Buy Setup: Wait for price to return to RBR zone Enter long position ✅ Target $3,500 🚀 ⚠️ Risk Consideration: Place stop-loss below RBR zone for safety.
FOREXCOM:XAUUSDLong
by Jameshead007
15
XAU/USD: Trend Remains Strong as Price Holds Above Key SupportThe XAU/USD market continues its impressive rally, recently reaching a new all-time high at 3500 before pulling back toward support and the previous day's high. The price action completed an ABC structure prior to this retracement. Currently, the market may be forming a triangle or flag pattern, similar to past consolidation setups. As long as the price remains above the upward trendline and the critical 3400 support level, the probability of a trend continuation remains high. A retest of the ATH level followed by a move higher is likely, with the next target at the resistance zone around 3520
FOREXCOM:XAUUSDLong
by RTED_Investing
3
XAUUSD COT and Liquidity AnalysisCOT Report Analysis: We can see large profit taking - Longs being closed. It doesn't mean, it's bearish now, only the momentum is slowing down. If I would be buyer. I would wait for and enter not he strong level where was targets position seen. Explanation in the charts /b] Hey what up traders welcome to the COT data and Liquidity report. This is a big part of my FX Trading. Im always trying to trade with the Big players so knowing their positions is good thing. Please be aware that institutions report data to the SEC on Tuesdays and data are reported on Fridays - so again we as retail traders have disadvantage, but there is possibility to read between the lines. Remember in the report is what they want you to see, that's why mostly price reverse on Wednesday after the report so their cards are hidden as long as possible. However if the trend is running you can read it and use for your advantage. I created this simple free indicator which you can find in the my scripts. It's highlighting the day of the real report - Tuesday. Here is the tip if the level has confluence with the high volume on COT it can be strong support / Resistance. Analysis done on the Tradenation Charts Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. "Adapt what is useful, reject what is useless, and add what is specifically your own." — David Perk aka Dave FX Hunter ⚔️
TRADENATION:XAUUSD
by David_Perk
2
new peak 3520, waiting for gold price to touch⭐️GOLDEN INFORMATION: Gold prices extended their record-breaking surge on Tuesday, soaring past the $3,450 mark during the Asian session as investors sought refuge in the traditional safe-haven asset amid mounting fears of a US recession and broader financial market volatility. Persistent concerns over the economic outlook and waning confidence in the US Dollar (USD) have continued to drive demand for the USD-denominated precious metal. The greenback remains under pressure, further amplifying gold's appeal. Adding to the uncertainty, US President Donald Trump once again criticized Federal Reserve Chairman Jerome Powell, stoking fears about the central bank’s independence. Reports suggesting the administration explored legal avenues to potentially remove Powell have only deepened market unease, boosting the allure of gold as a hedge against policy and economic instability. ⭐️Personal comments NOVA: Fomo price increase, trade tension, gold price benefits ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3519- 3521 SL 3526 TP1: $3505 TP2: $3490 TP3: $3465 🔥BUY GOLD zone: $3403 - $3405 SL $3398 TP1: $3415 TP2: $3430 TP3: $3445 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDLong
by Nova-Scalper
6
Gold Eyes $3370 After Bullish Breakout and Consolidation PatternThis chart analysis showcases a bullish breakout in the Gold Spot vs USD (XAU/USD) on the 15-minute timeframe. After a significant downtrend, a breakout above the descending trendline occurred, signaling a potential reversal. Price is now consolidating within a rising wedge, aiming for the key resistance zone around $3,370. Explanation: Breakout Confirmation: The chart highlights a clear breakout from a descending trendline, marked by a circle. This breakout is a key signal that bearish momentum has weakened and bulls are gaining control. Bullish Structure: Post-breakout, the price has formed a bullish continuation pattern, indicated by a wedge (or triangle). This pattern often precedes upward moves. Target Zone: The marked resistance zone around $3,370 is a previous supply area. The chart suggests this is the next key level bulls might aim for. Projected Move: The blue arrow outlines a possible price path toward this target, assuming continued buying pressure. This setup provides a potential buying opportunity, but traders should watch for confirmation and manage risk with appropriate stop-loss levels below recent support zones.
OANDA:XAUUSDLong
by MollyRonaldFx
4
Gold (XAU/USD) Bullish Continuation Setup – Key Support Levels 📊 Chart Context & Setup Chart Type: Candlestick Indicators Used: 50 EMA (red): Currently at 3,199.009 200 EMA (blue): Currently at 3,123.168 Support Zone: Around 3,157.786 – 3,123.168 Current Price: Approximately 3,211.90 Focus Point (Target Zone): 3,283.810 🧠 Technical Analysis 🔹 Trend Analysis Overall Trend: Bullish Price is trading above both the 50 EMA and 200 EMA. The EMAs are sloping upward, indicating strong momentum. Golden Cross previously occurred (50 EMA crossing above 200 EMA). 🔹 Key Support & Resistance Immediate Resistance Zone: Around 3,240 This area is acting as a potential rejection zone, with minor consolidation. Support Zone (Highlighted): 3,157 – 3,123 This zone was previously a breakout level and now serves as a retest support. It coincides with the 200 EMA, adding to its strength. 🔁 Scenarios Presented Scenario A – Bullish Rejection from Immediate Support (3,199) Price could hold above or near the 50 EMA. Break and retest of minor resistance could lead to a push toward 3,283.81 (target). This is a higher-risk entry as the support is not deeply tested yet. Scenario B – Deeper Pullback to Major Support (3,157 – 3,123) A drop below current price into the main demand zone. Bullish engulfing or strong reaction in this zone would offer a high-probability long setup. Ideal entry point for swing traders, especially if confirmed by volume or bullish candlestick reversal. 🎯 Trade Strategy Suggestion ✅ Long Setup Entry Option 1: On bullish rejection above 3,199 with confirmation. Entry Option 2 (Preferred): At strong support zone 3,157 – 3,123 with bullish reversal signal. Target: 3,283.81 Stop Loss: For Entry 1: Below 3,157 For Entry 2: Below 3,100 or 200 EMA, depending on aggressiveness 📌 Conclusion This chart illustrates a classic bullish continuation setup with two potential entry scenarios: A minor pullback and bounce from the 50 EMA. A deeper retracement into a strong support zone aligned with the 200 EMA. The uptrend remains intact as long as the price holds above the 200 EMA and the major demand zone. A break below 3,100 would invalidate the bullish outlook short-term
OANDA:XAUUSDLong
by MrStellanSight
16
HelenP. I Gold will start to decline, after long upward moveHi folks today I'm prepared for you Gold analytics. Recently, price has shown a powerful rally after breaking out from a prolonged consolidation phase that lasted several days. This sideways movement was confined inside the buyer zone near 2855 - 2835 points, which acted as a reliable base for bulls. After forming a solid structure in that area, the price started to move higher, eventually breaking through the resistance of the range and forming a clear uptrend supported by a well-defined trend line. After climbing steadily, the price reached the 3160 support level, which turned into a retest zone later on. A strong impulse followed, pushing Gold above the trend line and into a new higher range. The bullish momentum continued, bringing the price above the 3180 - 3160 zone, and establishing a new local high. Currently, XAUUSD is trading near 3327 points after forming a local peak. It’s showing early signs of a pullback from the top, and the structure suggests a potential correction. I expect the price to decline toward the trend line and reach the 3265 points, which coincides with the trend line. That's why it's my current goal. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDShort
by FirstNameHelen
3
Snipers Only: Gold's Next Killzone Is LIVE – Eyes on 3295 -3373🔍 Macro + Context: Gold continues to dance between uncertainty and calculated aggression. After rejecting cleanly from the premium zone at 3370, price dropped overnight into 3287, fulfilling our sniper buy setup from 3310 and hitting TP2 at 3370 with precision. Now? Price is hovering at 3298, teasing a bigger directional play as we head into NY session. With inflation jitters, geopolitical undercurrents, and mixed USD sentiment, gold remains a reactionary beast—not a predictive one. Let structure speak. 📐 Technical Structure: 🧱 H1 Structural Key Levels: 🔸 3370–3376 = Premium Supply Zone – Clean rejection + break of structure 🔸 3345 = Previous lower high – Minor liquidity zone, watch for manipulation 🔸 3310 = Former TP1 & demand flip – Local structural retest 🔸 3285–3287 = Current HL attempt – LTF liquidity pool, key bounce zone 🔸 3233–3237 = HTF Discount OB – HTF demand, possible reversal anchor 🧠 Trend & Flow: HTF Bias: Bullish (Daily still in higher-low territory) LTF Flow: Bearish correction within HTF context BOS/CHoCH: Clear BOS from 3370 to the downside Liquidity: Swept at 3370 and now resting near 3287 lows EMAs: LTF bearish slope, but HTF structure intact RSI: Reset on M15–H1, hinting at potential momentum rebuild 🎯 Sniper Entry Zones (Clean, No Fluff): 🟩 BUY ZONE #1 (Reactive Entry) 3284 – 3288 Structure: H1–H4 Demand + Liquidity Sweep Confluence: EQ of last push + M15 OB 🟩 BUY ZONE #2 (Deeper Reversal Only) 3233 – 3237 Structure: HTF OB + Untapped Daily Liquidity 🟥 SELL ZONE #1 (Intraday) 3372 – 3376 Structure: M15–H1 OB + Prior HTF Reaction 🟥 SELL ZONE #2 (Extreme Supply Test) 3448 – 3455 Structure: HTF FVG + Upper imbalance ⚠️ Eyes On: Don’t trust the first breakout above 3345—it’s likely liquidity. Watch how price reacts around 3295: bounce = bull continuation, crack = deeper dive into 3230s. Momentum could explode NY session—wait for confirmation and never chase. 💬 Final Message : Gold’s moving—but so are we.💡If this helped map your zones, smash that ❤️ and drop your bias in the comments. Are you stalking 3285 or waiting to trap sellers at 3370 again? Let’s catch these sniper plays together. TradingView’s been too quiet lately – if you vibe with clean structure > hopium, show some love and let’s grow this smart gold tribe. 👇👇👇 Smart plans. No fluff. Just logic. Drop a 💡 and let’s connect.
FOREXCOM:XAUUSD
by GoldFxMinds
8
H4 downtrend line, gold price cools down✍️ NOVA hello everyone, Let's comment on gold price next week from 04/28/2025 - 05/02/2025 🔥 World situation: Gold prices reversed course on Friday, wiping out Thursday’s gains and slipping below the $3,300 threshold, as persistent US Dollar strength weighed heavily on the precious metal despite declining US Treasury yields. The easing of tensions in the US-China trade dispute further pressured bullion, with XAU/USD trading around $3,294, down more than 1.6%. Market sentiment remains fragile, swinging sharply between risk-on and risk-off modes in response to comments from US President Donald Trump. Earlier, Bloomberg reported that China was considering tariff exemptions on some US goods, sparking optimism. However, the mood soured after Trump asserted that he would not lift tariffs on China without significant concessions. 🔥 Identify: News about Russia-Ukraine peace talks this weekend will continue to put selling pressure on gold prices next week. Moving along the downtrend line H4 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $3357, $3498 Support : $3228, $3155 🔥 NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
3