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Xauusdshort

XAUUSD: 9/7 Analysis and Strategy Gold technical analysis Daily resistance 2370-2400, support below 2350 Four-hour resistance 2370, support below 2361-50 Gold operation suggestions: Yesterday, the technical side of gold was suppressed and fell down in the shock and closed at the bottom. The overall price did not continue the bullish strength after the sharp rise last Friday, but swallowed up the gains on Friday, and the overall price returned to the wide range of long and short shocks. From the 4-hour gold trend, today's support is 2350-52, and the upper short-term resistance is around 2366-70. The intraday rebound relies on this position to short first and look down (the morning strategy successfully TP, profit 80pips), and the lower target continues to focus on breaking the bottom. The short-term long-short strong shock dividing line focuses on the 2380 mark. Before the daily level breaks through and stands on this position, continue to maintain the rhythm of long-short wide shock operation, and wait patiently for key points to enter the market. SELL:2370near SELL:2361near SELL:2350near Technical analysis only provides trading direction!
OANDA:XAUUSDShort
by ActuaryJ
1
Update gold price on important CPI dayGold Yesterday, after retesting 238x as I expected, there was a decrease to 237x. Regarding the Main Trend, Gold I think can still continue to increase strongly. Today everyone continues to refer to the Gold Buying Trend Plan around 2370>2374 SL 2368 City 2380>2388 If Gold retests the candlestick areas on the 238x or 239x area and shows good signs, I will update more. -- Gold charge forecast World gold charges accelerated withinside the context of the USD index falling. Recorded at 4:00 a.m. on July 11, americaA Dollar Index measuring the fluctuation of the dollar with 6 foremost currencies turned into at 104.6952 points (down 0.11%). Gold charges accelerated withinside the context of Chairman of americaA Federal Reserve (FED) - Mr. Jerome Powell giving a speech earlier than the Financial Services Committee of americaA House of Representatives. He reiterated that the primary bank "stays absolutely targeted on its twin mandate of selling most employment and solid charges". The FOMC believes that "the dangers to reaching our employment and inflation desires are extra balanced." The Fed Chairman additionally emphasised that the FOMC will keep to make choices at every meeting "after cautiously comparing enter facts and their effect at the improvement outlook, stability of dangers and exposure." suitable direction of financial policy. Asked whether or not the Fed could want to look center PCE inflation fall beneath 2% at the least as soon as withinside the coming months earlier than thinking about a fee reduce, Mr. Powell disagreed. When requested approximately the elements the FOMC wishes to recall to guide an hobby fee reduce in September, the Fed Chairman stated: "I didn`t deliver any alerts approximately a selected date. What we stated turned into "We need to have extra confidence. That way higher inflation numbers, that inflation is coming down sustainably to 2%." Mr. Bart Melek - head of commodity marketplace method at TD Securities economic offerings company - stated that the marketplace believes that americaA Federal Reserve (FED) is possibly to begin reducing hobby rates. subsequent September. It is that this psychology this is definitely contributing to the contemporary situations of the gold marketplace
OANDA:XAUUSDShort
by TheLeader_WOLF
xauusd July 10 trading strategy and signals #xauusd Trading strategy for July 10, 2024 Gold is currently volatile every day. So I suggest that you take segmented trading to make a profit. Gold currently has support below 2347./2327 Gold currently has pressure above 2371.5/2385 Combining the price factors of individual indicators I will give you several areas suitable for trading. As marked in the chart. xauusd sell: 2366-2369 (continue to scalp at this price) 2378-2382 (this signal is still valid before 2385) 2388-2393 (this gold price high and the last gold price high) The above price area can be sold and profited. xauusd buy: 2347-2351 (current resistance. Suitable for scalping) 2332-2336.5 (this signal was valid many times before 2326) The above price area is suitable for buying Gold price fluctuations are very large. So you can make a profit through multiple transactions. My analysis is consistent with the price fluctuations of gold every day. If you want to make a profit in trading, maybe you can refer to my trading signals. If you like it or make a profit, please give me a thumbs up and join me.
FX:XAUUSD
by MaudEvans
1
where gold go next??Gold is recovering for the second day in a row after it formed a bearish two-bar reversal pattern (green-shaded rectangle in the chart below) at the top of the early-July move. This pattern forms after a long green-up day is followed by a long red-down day of a similar length and size. It can be a sign of a short-term reversal. The outlook is unclear. There is a risk Gold could pull back to the 50-day Simple Moving Average (SMA) at $2,343. That said, the break above the downward trendline on June 27 turned the tables for the precious metal, establishing a more bullish outlook. If Gold breaks above Friday’s peak of $2,393, it will continue the sequence of higher highs and probably unlock the next target at the $2,451 all-time high. The bearish Head & Shoulders (H&S) topping pattern that formed from April to June has been invalidated by the recent recovery. However, there is still a chance – albeit much reduced – that a more complex topping pattern may have formed instead. If a complex pattern has formed in place of the H&S, and the price breaks below the pattern’s neckline at $2,279, a reversal lower may still be possible with a conservative target at $2,171, the 0.618 ratio of the height of the pattern extrapolated lower. The trend is now sideways in both the short and medium term. In the long term, Gold remains in an uptrend.
FOREXCOM:XAUUSDShort
by bossApey
What opportunities are there for XAUUSD investors today?Gold currently I see there are 3 bearish candlesticks in the 235x area. Last night at 9 o'clock there was news that there had been a scan at both ends. Regarding the Trend, I see that gold is still on the Buy side. As for the reversal points, anyone who followed me yesterday saw the RSI Reversal zones very clearly. Plan For Today I will still watch to Buy according to MA reactions around 2362>2366 SL 2358 TP 2372>238x If Gold increases without breaking through 2372, I will consider selling lightly in this area according to the 2-peak model. World gold price: - Gold is often considered a safe asset in the context of economic instability. If RBNZ and the Fed express concerns about economic growth, gold prices could rise as investors seek safe havens. - Economic instability often leads to an increase in demand for gold as a tool to protect value. - If central banks (especially the Fed) are expected to raise interest rates, gold prices may come under downward pressure. Higher interest rates increase the opportunity cost of holding gold, because gold does not yield the same yield as other assets. Chairman Powell's speech: - The Fed Chairman will present monetary policy semi-annually to the House Financial Services Committee. This is an opportunity for Mr. Powell to update congressional members and the market on the US economic situation and the Fed's monetary policy direction. - If Powell shows that the Fed will continue to raise interest rates to control inflation, the USD could appreciate due to expectations of higher yields. - However, if he expresses concerns about economic growth and shows the possibility of maintaining or cutting interest rates, the USD may weaken.
OANDA:XAUUSDLong
by TheLeader_WOLF
What's next for GOLD?Hindsight specialists know only 1 thing.... reactive trading aka impulse trading, lying about performance and pretending they "knew it all along". Its all very strange to me, all I do is predict future price and capture pips... 0 hindsight. None of this: "honestly, if it stays here and doesn't keep falling, it's a long defense and my bias will change." "if it starts going up then its bullish but if it goes down its bearish." If & but = lack of responsibility and accountability.
OANDA:XAUUSD
by Mora_Institute
4
Czech Gold Holdings Rise as Governor Michl Diversifies Reserves he Czech Republic expanded its gold reserves in June as central bank Governor Ales Michl continues to execute a plan to diversify investments to make his institution profitable. Czech holdings of the precious metal increased to 41.5 metric tons, from 39.7 tons in the previous month, central bank data showed on Tuesday. The value of gold totaling $3.1 billion at the end of June still represented only a fraction of the overall reserves of $146.5 billion, which are one of the highest in the world relative to the size of the economy. Michl, who started his six-year tenure in July 2022, has set a goal to boost the ...
OANDA:XAUUSDShort
by ShumbaFx07
Gold sellGold could possibly be a sell setup as in previous days gold has shown us good opertunity of shoring the pair it has given a high voulme marked candle lastly if price Breaks that candles high and sustains over it we will put our buy orders if price shows us some bearish gesture as in current candle anyone can imagine a long entry but it will be too early to decide as market is in decisive phase and as early as we can get a bullish or Bearish signal we will be having a ride over
OANDA:XAUUSDShort
by Wakeel_Saab
The bears resisted fiercely! XAU adjustment⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) are rising due to a weaker US Dollar amidst speculation that the US Federal Reserve may cut interest rates in September following weak employment data. Political uncertainties in France and Middle Eastern tensions could further drive up Gold, a traditional safe-haven asset. ⭐️ Personal comments NOVA: Gold's Monday price correction shows resistance from sellers and bears ahead of today's FED meeting. Gold price is still in a long-term price increase range ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2341 - $2343 SL $2336 TP1: $2350 TP2: $2365 TP3: $2380 🔥SELL GOLD zone: $2370 - $2372 SL $2377 TP1: $2360 TP2: $2350 TP3: $2340 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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 - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
10
XAUUSD:2365 select Sell. Target 2352-2340From the overall trend of gold prices in recent times, it is a trend of rising first and then falling back. The daily line forms a downward signal of dark cloud covering the top, and the short-term bullish trend has come to an end. At the same time, it rebounded after falling to the second support level of 2352 yesterday, and now it is around 2365. After breaking through yesterday, the 2365 line has turned from support to resistance. Therefore, we need to adjust our strategy and flexibly respond to the next gold price changes. In summary, today we have to make some trading strategies around the 2365-2352 range. At present, the gold price is around 2365. We can choose to sell here, with a target of 2352. If it falls below this support, we can see the target as 2340. If there is enough support at 2352, we can choose to close the profit and look for opportunities to buy here.
OANDA:XAUUSDShort
by TX-7
XAUUSD SELL (9 July 2024)This trade involves shorting Gold Spot (XAU/USD) on the 1-hour chart due to a bearish reversal pattern and a break below the ascending channel's lower trendline. The price has encountered strong resistance at the 2,380-2,390 USD zone and failed to break above it, suggesting a potential downside. The entry is at 2,373 - 2,374 USD with a stop loss at 2,381.97 USD and take profit levels at 2,310, 2,288, and 2,273 USD. This setup aims to capitalize on the anticipated decline while managing risk effectively.
FOREXCOM:XAUUSDShort
by ExuberanceTrading
The US economy clearly shows cracksGOLD the day gone by after having a robust fee drop of almost 30 points. Now it has returned. With the fashion in H4 and D1 nonetheless displaying an boom, consistent with me, GOLD will maximum possibly check one extra beat to boom 238x. With the information that the conflict remains going on, consistent with me, destiny GOLD could be capable of boom with the aid of using 2,500, everyone!! For today`s plan, please confer with BUY GOLD round 2355>2359 SL 2351 TP 2366>237x Currently the Buy facet is pretty robust so I will consciousness on BUY. If there's a brand new overall performance or a Sell point, I will notify you later, everyone -- The enduring power of americaA financial system through the years has amazed specialists. However, cracks are beginning to seem withinside the world`s biggest financial system because the carrier region weakens markedly because the unemployment price hits its maximum degree in almost 3 years. Some financial specialists are starting to fear that americaA financial system is ready to fall into recession, that could purpose americaA Federal Reserve (Fed) to behavior a chain of hobby price cuts.
OANDA:XAUUSDLong
by TheLeader_WOLF
Gold rebounded strongly regardless of nonfarm newsGOLD is currently completely on the trend of the BUY side, but in terms of price model, I see that there is a reaction of 2 parallel cumulative peaks, most likely today or tomorrow. There will be a slight correction back to the 237x area. For me today, I will watch sell based on RSI over buying in Frames H1 and H4. For today's plan, please refer to Canh Sell GOLD around 2384>2387 SL 2389 City 2378>2370 I will wait to BUY GOLD when there is a reaction below the 237x area, so for now everyone just watch for Sell. -- Optimism is protecting the arena gold marketplace. Disappointing monetary data, highlighted via way of means of a slowdown withinside the US exertions marketplace, are growing marketplace expectancies that the Federal Reserve will decrease hobby costs in September. According to CME`s FedWatch Tool, The marketplace sees a almost 80% threat that hobby costs may be reduce after the summer time season break. Independent metals dealer Tai Wong primarily based totally in New York (USA), stated bulls are aiming for a state of affairs in which gold charges will go back to an all-time excessive of $2,450/ounce, if the Fed begins offevolved making public hints (approximately while to reduce hobby costs) in September 2024. Senior marketplace analyst Jim Wyckoff at Kitco Metals stated that the gold marketplace is being supported via way of means of "good buy hunting" shopping for sports of investors, whilst crude oil charges growth and the USD is weaker. additionally creates upward momentum for gold charges. This professional predicts that gold charges will probably flow sideways at present day tiers or lower from now till the stop of the summer time season. In the instant future, withinside the week of July 8-12, spot gold charges face an crucial mental barrier of 2,four hundred USD/ounce. If this threshold isn't always exceeded, profit-taking strain and short-promoting sports might also additionally growth, inflicting gold to regulate again down.
OANDA:XAUUSDLong
by TheLeader_WOLF
Gold Shorts from 2,410 back downScenario A: Gold is looking promising for upcoming sells within the 2-day supply zone. As price has been bullish, I expect it to slow down and weaken when approaching this supply. Once price mitigates, I anticipate a Wyckoff distribution to form, providing a precise entry for a valid sell. Scenario B: If price retraces before reaching the supply and enters a demand zone, I will look to buy back up towards the supply, following the current bullish trend. Key zones include the 16-hour demand zone or the daily demand zone, where I will be looking to enter buys. Confluences for Gold Shorts: - Price has been bullish and requires a retracement. - Entering a 2-day supply zone that has caused a CHOCH to the downside. - Lots of liquidity to the downside that needs to be taken. - If price wants to continue going up, it must retest a demand zone I have marked. P.S. Scenario C: If price breaks past the 2-day supply and continues rallying, it will likely carry on its long-term bullish trend, potentially breaking new all-time highs.
OANDA:XAUUSDShort
by Hassan_fx