Get started

Goldprice

XAUUSD: 24/4 Today’s Analysis and StrategySpot gold technical analysis Daily resistance is 2350, support below is 2320-2300 Four-hour resistance is 2334-64, square support is 2320-2300 Gold operation advice: Gold rebounded after bottoming out in the U.S. market yesterday. After hitting the lowest near 2291, it began to counterattack in the U.S. market, and the highest hit near 2332. After two months of sharp rise. Gold began its two-day decline. Although yesterday's decline was completely swallowed up by the US market, it also allowed the market to see the willingness of short sellers to attack. The current key pressure and watershed above gold remains at yesterday's high point of 2335. This position will also serve as an important suppression in the short term. If gold continues to fall in the later period, the withdrawal amplitude should not exceed this position. At most, it will only form a certain false puncture effect. Judging from the current trend, the top will focus on the 2335 line for short-term suppression, and the bottom will focus on the 2320-2300 line for short-term support. In terms of operation, it will be short on the rebound. If the price does not break 2320, rely on the 20 position to go long, and keep trading with the trend. BUY:2318-2023 SEL:2330-2335 SELL:2309-2013 Technical analysis only provides trading direction!
OANDA:XAUUSDShort
by ActuaryJ
2
Gold trading strategies continue to be bearish Spot gold continued to rebound in the short term, with the price of gold once touching $2,330, climbing nearly $15 from the intraday low. It was always difficult to break through $2335 and then fell to around $2315. If gold prices want to reverse the downward trend upward, the outlook for gold prices remains bearish unless gold prices rebound above $2,343.00. Spot gold closed slightly down 0.2% on Tuesday at $2,322.03. Gold prices closed below $2,325.90 per ounce yesterday, which makes the corrective bearish trend still valid for some time to come. Currently waiting for gold prices to fall towards the next correction target of $2,280 per ounce. The stochastic indicator is currently sending a clear negative signal, which supports the return of gold prices to the expected decline. Additionally, the 50-period exponential moving average (EMA) is creating bearish pressure. It should be pointed out that if gold prices break through $2343.00, this will stop the bearish correction and push gold prices back to the main bullish trajectory. Gold prices today will be between the support level of $2,295.00 and the resistance level of $2,335.00. The expected trend for gold prices today is bearish. Trading idea: Trade short gold after the rebound I share trading strategies and trading ideas every day. ⬇⬇⬇Get detailed trading signals so that everyone is no longer confused when trading. I hope that with my help, everyone can get good results!
OANDA:XAUUSDShort
by Gold_Digger_King
Today’s Gold Up and Down Trading Strategy Gold technical prospects are analyzed.Spot gold suddenly fell to $2,305 in the short term and then rebounded to around $2,320. The near-term outlook for gold has turned neutral, with bulls seemingly unwilling to give up. On Thursday, the U.S. will publish preliminary first-quarter gross domestic product (GDP) data, which is expected to show annualized growth of 2.5% in the three months to March. Gold prices are trading between the 20-period SMA and Trading below the 100-period SMA, with the former accelerating below the latter, is often seen as a signal of increased selling pressure. Meanwhile, technical indicators remain negative, the momentum indicator is rising, and the Relative Strength Index (RSI) is consolidating around 43. If gold prices break through $2343.00, this will halt the bearish correction and push gold prices back to the main bullish trajectory. The latest important support and resistance levels for gold prices: Support levels: $2310.00; $2295.20; $2282.90 Resistance: $2343.30; $2361.55; $2372.90 Today's expectations for gold prices are mostly volatile. Trading idea: Trade short gold after a rebound, or trade long after a decline. I share trading strategies and trading ideas every day. ⬇⬇⬇Get detailed trading signals so that everyone is no longer confused when trading. I hope that with my help, everyone can get good results!
OANDA:XAUUSD
by Gold_Digger_King
Correct gold trading advice, winning is not about confusion friends The recent overall trend of gold in the market has shown a decline, but trading is also full of challenges. Opportunities and challenges coexist. Are you ready to meet your challenges? In my trading advice today, I emphasized the trading idea of shorting gold at high prices after a rebound. I wonder if you have adopted my trading idea in your trading and made a profit. If you followed my trading advice, you may have gained something. Taking advantage of opportunities to make profits in trading may not be so difficult after all. Now the price of gold has rebounded to around US$2,330 after falling to a low of US$2,291. There is a certain pressure on the top. If it is still difficult to rise to the range of US$2,335-2,340, then there will inevitably be a downward trend! Correct gold trading advice, winning is not about confusion friends The recent overall trend of gold in the market has shown a decline, but trading is also full of challenges. Opportunities and challenges coexist. Are you ready to meet your challenges? In my trading advice today, I emphasized the trading idea of shorting gold at high prices after a rebound. I wonder if you have adopted my trading idea in your trading and made a profit. If you followed my trading advice, you may have gained something. Taking advantage of opportunities to make profits in trading may not be so difficult after all. Now the price of gold has rebounded to around US$2,330 after falling to a low of US$2,291. There is a certain pressure on the top. If it is still difficult to rise to the range of US$2,335-2,340, then there will inevitably be a downward trend! I share trading strategies and trading ideas every day. ⬇⬇⬇Get detailed trading signals so that everyone is no longer confused when trading. I hope that with my help, everyone can get good results!
OANDA:XAUUSDShort
by Gold_Digger_King
Gold short-term technical trading strategy Friends, gold has plummeted recently, and opportunities and challenges coexist. Are you ready to welcome your victory? Spot gold suddenly plunged nearly 40 US dollars in the short term, and the gold price just hit a low of 2295.44 US dollars. What happened yesterday was that this important factor that was good for gold prices disappeared. Tehran has played down Israeli drone strikes in retaliation against Iran, a move that appears aimed at avoiding an escalation in the region. Global risk sentiment was boosted by signs that the conflict between Iran and Israel would not worsen. This has eased investors' concerns about conflicts in the Middle East, prompting them to scale back safe-haven trades and instead favor riskier assets such as stocks. Looking at the daily chart of gold, the price of gold has fallen sharply, which may start a more severe corrective decline. Technical indicators are turning firmly to the downside. Gold prices fell below the key Fibonacci support level at $2,326.56, which is the 23.6% Fibonacci retracement of the rise from $1,984.20 to $2,431.43. In addition, gold prices have also fallen below support near $2,310, which will push gold prices down to the next Fibonacci support level of $2,260.70. Therefore, in short-term trading, my suggestion is to short-sell at a high price after rebounding during the decline! Enter short position near $2320. TP: USD 2295-2390 SL: USD 2330-2335 If you encounter difficulties, you can seek my help. I will share trading strategies and trading ideas every day.
OANDA:XAUUSDShort
by Gold_Digger_King
Gold is shorted to make a profit, the decline will continue! If you go in the wrong direction, your efforts will be in vain; if you go in the right direction, you will get twice the result with half the effort. It is already a short trend. Go with the trend and the rebound will give you the opportunity to go short. Going against the trend is like licking blood with a knife's edge and pulling out chestnuts from the fire. If you go with the trend, you will be light and airy; if you go against the trend, you will be chaotic. Ride the wind and waves with me and dance with victory. In the past two days, we have been emphasizing that the short position in gold has just begun. Gold has fallen sharply in the past two days. Gold was expected to rebound to around 2340 in early trading. Gold fell directly to 2335, hitting a new low below 2300. Gold rebounded to around 2313 and was directly shorted. Gold's 4-hour double top continues to suppress gold prices. The gold top structure has formed. The 1-hour moving average of gold continues to open downward, and the short positions are arranged. Gold's rebound gives us the opportunity to go short. Gold has no room to rise, so I suggest that if gold rebounds to around 2312, it can continue to be short. European market operation ideas: Short gold at 2312, stop loss at 2321, target 2295-2290;
FXOPEN:XAUUSDShort
by cdfxcdfx
Gold continues to pull back, today’s trading strategy analysis Gold plummeted more than $50 today, and has already seen a negative trend during the day. With the market's concerns about conflicts in the Middle East further fading and the continuous hawkish signals from Federal Reserve officials, a sharp decline is expected in the near future. As the impact of the situation in the Middle East subsided, the price fell as low as $2,333 in the short term. However, because the market fell too fast, it indicates that there will be a rebound trend in a certain range. However, the current trend is still mainly downward. Today's trading strategy is still mainly short selling at high prices. Entry is in the 2350-2360 range, with a downward outlook of $2330-2320. The 2365 line above needs attention. If the rebound rises to the 2365-2370 range and stabilizes, a rise back to last week's gold price levels may occur. If you encounter difficulties, you can seek my help. I will share trading strategies and trading ideas every day.
OANDA:XAUUSDShort
by Gold_Digger_King
GOLD: First Idea Turned Out to be in our favour| What next? Dear Traders, Hope you are doing great, Gold declined from 2417$ mark and dropped significantly 600 pips on first day of the week. This implies that Gold is likely to make major correction before it rebound and continue the bullish trend. For us, we can enter now with accurate risk management and target 2300$ first and then our second target can be at $2280. The second entry is if Gold decide to retrace a bit as in Asian Session then possible area that it may reach up to and reject is 2371$. Good Luck and Trade Safe
OANDA:XAUUSDShort
by Setupsfx_
7
Gold trend analysis In early Asian trading, spot gold fell within a narrow range and is currently trading around $2,383. Gold prices temporarily came under pressure at the $2,400 level mid-week last week, but with two failed breakouts, bulls have opened the door to profit from the breakout, but support continues to be bought. I’m not sure if this is accumulation from larger players or just interest rate expectations surrounding the US FOMC, but the fact that this move continues to attract bulls to buy at support makes me think gold’s bullish trend is not over yet. ​ I will share trading strategies and trading ideas every day. I hope that with my help, everyone can make huge profits!
OANDA:XAUUSD
by Gold_Digger_King
I will only say a single word: Gold!I will only say a single word: Gold. Yes, just gold. Do not forget; "Madness only comes to those who think the most" Gold is at its highest high in history. We know that the metal in question is considered a protective reserve for our fiat currencies. But what explains this sudden rise? Is this increase linked to the "wars" that are taking place around the world, which directly affects the economies of countries considered developed, spilling over directly to the rest of the world, the so-called emerging countries, causing "investors to stay away from investments" and keep your rich money in American bonds that are paying attractive rates? However, something else comes to mind. But if American debt also increases at the same speed as gold, is it really wise to put our money in bonds (of any country) that are directly linked to fiat currencies and not in the precious metal? We have many questions that must be weighed in order to truly make a decision. I feel like we're at a moment that I can call more or less like this: "If we run, the animal will catch us, if we stay, the animal will eat." People want to find a way out, unfortunately there is no way out, there are only paths that we must choose to prepare ourselves for any eventuality that may happen in the future! According to the previous analysis and graphically speaking, gold is in a region of resistance as indicated by the SETUP used. This unknown region (resistance) in 2422 is imposing a less appetizing pace for the metal, setting precedents for us to have a correction until 2210. But it is clear that if the SETUP used is correct, where today we have resistance at 2422 (exact place where prices are respecting), and there is such a correction at 2410, this leads me to think only of a pattern called "pull back " bullish continuation. What a thing, right? I make it clear in the image below; prices fully respected the upward channel suggested by SETUP, therefore, I trust the chart pattern more than the current market. And as I always say, and I've said it for a long time thanks to years of observation: "THE SETUPS DON'T LIE, BUT THE MARKET YES-or- DOES!". Check out all my previous analyzes on gold by clicking here, and see if the SETUP'S lie! Do your analysis and good business. Be aware, if you buy, use stop loss. See other graphical analyzes below.
OANDA:XAUUSD
by MacD_Bollinger
Gold to $2700's Possible Next Few MonthsIf you see the current super cycle for Gold and draw directional support and resistant lines as shown here, it is clear Gold is its way to over $3000. But in this report lets talk about how it could go to $2700 within next few months. When considering the potential for gold to reach $2700 in the coming months, various perspectives within the stock market community provide contrasting viewpoints: Bullish Perspective: Inflation Concerns: Investors often view gold as a hedge against inflation. With global economies experiencing significant inflationary pressures, gold's appeal may increase, driving prices higher. Economic Uncertainty: During times of uncertainty, such as geopolitical tensions or economic slowdowns, gold is seen as a safe haven. Increased demand in such contexts can push prices up. Weak Dollar: Gold and the U.S. dollar typically have an inverse relationship. A weakening dollar, which could result from expansive fiscal policies or lower interest rates, tends to make gold more attractive and could boost its price. Possible War Super Cycle Starts with a boost If rate cut announce this could very well fuel the boost very fast in June. Bearish Perspective: Interest Rate Hikes: If central banks, like the Federal Reserve, increase interest rates to combat inflation, this could strengthen the dollar and make yield-bearing investments more attractive compared to non-yielding assets like gold, potentially suppressing gold prices. Market Recovery and Risk Appetite: A recovery in global markets or an increase in risk appetite can lead investors to prefer equities or other high-yield investments over gold, reducing its price. Technological and Demand Shifts: The demand for physical gold could be impacted by technological advances and changes in consumer behavior, which might reduce its investment appeal.
OANDA:XAUUSDLong
by OnePunchMan91
XAU/USD 19 April 2024 Intraday AnalysisH4 Analysis: Bias/Analysis remains unchanged since yesterday's analysis dated 18 April 2024. -> Swing: Bullish. -> Internal: Bullish. Price remains contained within an internal range where we saw a reaction from H4 supply with price unable to close below strong internal low. Price reacted at H4 supply and subsequently reacted at H4 demand. Price is currently between H4 supply and demand where we are seeing a battle between the bulls and bears with price printing an internal bearish CHoCH. The prevailing trend, which is bullish, would be a factor, therefore, current intraday expectation is for price to react at H4 demand level to target weak internal high, however, because price has printed a bearish CHoCH an alternative scenario could be for the price breach and close below internal low as all HTF's require a pullback. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. -> Sub-internal: Bullish. Price has printed a bullish iBOS which confirms internal structure is now bullish in-line with bullish swing structure. Price then tapped into a M15 demand area where we saw a reaction. Current intraday expectation would be for price to react at 50% EQ or M15 POI before targeting weak internal high. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Gold finally broke through the 2404 line, it is too strong Gold prices surged above $2,400 an ounce as concerns about escalating tensions between Israel and Iran boosted safe-haven demand. Gold prices rose for a fifth straight week after unconfirmed media reports of explosions in Iran, Syria and Iraq. Rhetoric between Iran and Israel has intensified since last weekend's drone and missile attacks. Latest news According to ABC News, US officials said that an Israeli missile hit an Iranian facility. Gold rose rapidly due to the news and finally broke through the 2404 line. There is still heavy pressure above the golden 4-hour chart. After the market's risk aversion ends, gold may fall back to a certain extent. Gold’s safe haven ends, prepares for decline
TVC:GOLDShort
by Donald-king
Gold’s 3-game winning streak, how to trade today? The gold four-hour line appeared in the form of a triple top. The K-line reached near 2400 three times, but all were blocked and could not get through. Overnight gold once again verified that the 2400 resistance was effective. The k-line starts to exert force from above the moving average and directly breaks through the moving average. At present, the k-line is pressed to the floor and rubbed. The lower support level is still around 2323, which is also the target level of short sellers. Trading strategy; short around 2380, stop loss 2390, target 2370-2361
TVC:GOLDShort
by Donald-king