Get started
CFDs on Gold (US$ / OZ)CFDs on Gold (US$ / OZ)CFDs on Gold (US$ / OZ)

CFDs on Gold (US$ / OZ)

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals

GOLD trade ideas

Gold prices are on an upward trend this week!Dear traders, Conan here! Today, gold is in a strong uptrend after all the attempts of the bears failed to reclaim the $2600 level, the price has started to increase and is currently at $2650. The increase is mainly due to the 80% chance that the Fed will tend to cut interest rates by 25 basis points in November, while there is a 20% chance that interest rates will remain unchanged. Lowering interest rates can reduce the opportunity cost of holding gold, thus supporting the price of gold. With positive signs from the fundamental news and in addition, gold is still reacting around the 34 EMA and the technical uptrend has not been broken when looking closely as on the 1-hour chart, we can fully expect the uptrend to remain completely dominant. Due to these factors, in Conan's personal opinion, gold prices are expected to remain attractive in the near term, with the possibility of rising to $2750. What do you think about this view?
OANDA:XAUUSDLong
by ConanTradingFX
GOLD with two probabilities for 10/28/2024GOLD with a high probability to make the decision for 10/28/2024 ✅️ : 🔸️If the price exceeds the green bar 🟩, with the bar closing in the hour above: there will be a high chance of entering a purchase as indicated in the chart, respecting the day, news and the stop loss. 🔸️If the price exceeds the red bar 🟥, with the bar closing in the hour below: there will be a high chance of entering a sale as indicated in the chart, respecting the day, news, and the stop loss.
FXOPEN:XAUUSDShort
by Abderrahmane_24
I went short Gold at 2735.83. It just happended....! I really was not on the front foot to Short gold or silver so early in the week, it just happened because a report came in on tradingview news that the middle east situation is contained more so than open war-fare and the Gold chart was begging to be shorted because there was no buying and the gold-ghost was taking a break resting under a moving average. Sorry buddy, your shorted! Will see how it goes. Not sure what economic news is on today in the USA but I will soon find out. Other Long trades I am on include GBPUSD, GBPCAD is looking to really break out in the Monday sessions and I am also Short on AUDUSD which I think is starting to become in-the-money. Have a good trading day and remember 'greed normally means losing money not making it'. Chris
EIGHTCAP:XAUUSDShort
by Easy_Explosive_Trading
XAUUSD: Key Support and Resistance Levels"I have analyzed the XAUUSD trading scenario and established some key levels that I believe will be crucial for today’s market movements. Support Level: I have set the primary support level at 2732. This level is significant because if the price breaks below it, we can anticipate a further decline towards the next support level at 2727. This drop could indicate a bearish trend, and traders should be cautious if this support is breached. Resistance Level: Conversely, I have identified a resistance level at 2752. This level could serve as a barrier for upward movement. If the price approaches this resistance, it may struggle to break through, and traders should watch for potential reversals. Targets for Today: My primary target for today is to see if the price can hold at 2732. This level is critical for maintaining bullish sentiment. Additionally, I have a secondary target of reaching 2752. If the market can achieve this, it would suggest a strong upward momentum.
OANDA:XAUUSD
by BinSalmanFundsReal
Sell opportunityGold (XAU/USD) currently presents a lucrative Sell opportunity at $2753.00, with compelling potential for profit targeting. Targets: Primary Target: $2710.00 Breakout Scenario: Should Gold surpass the $2770.00 threshold, indicating a Bullish breakout, the target price is forecasted to reach $2800.00. Technical analysis suggests a strong Selling sentiment at the current price level. Market dynamics indicate downward pressure, aligning with the proposed Sell strategy. Risk management strategies should be implemented to mitigate potential losses in case of unexpected market shifts. Disclaimer: This analysis is based on current market conditions and historical price movements. Traders are advised to conduct their own research and consider risk management techniques before executing any trades.
TVC:GOLDShort
by GODOCM
October 26, 2024! Xau! Cow marketGold price increased slightly on Friday after recovery after profit -taking due to tensions in the Middle East and worried about the election in the United States that supported the price, while the palladium price expanded to the highest level in 10. month. The monetary loosening policy of large central banks is also a factor to promote gold prices. According to CME's Fedwatch Tool, the market expected 97% of the US Federal Reserve (Fed) to reduce interest rates in the November meeting, helping to support gold prices. Technically: The main and long -term trend is still increasing the price on almost all time frames. On the other hand, before the weekend gold price has a spectacular breakthrough from the resistance level 2740, this shows the significant power of the ruling faction. In addition, technical factors also support gold prices, promoting the purchase of markets of the market will continue without any significant reversal. Thereby, has expected the upward trend to continue, capable of achieving high levels of about $ 2758 earlier. Currently this pair of money is fluctuating about $ 2747 and close to the psychological threshold of $ 2750.
OANDA:XAUUSDLong
by Bentradegold
H1 (H4) - Probable Next Move. {10}Trade Reason: 1. H1 Order Block, 2. D1 Regular Divergence. 3. H1 Long Time Menupulation. Hello Friends! I hope it will touch the "2748.444" level then it can make some corrections. After her correction, it has more chances to touch the "2729.351" level. But if it create counter setup, then close it instant. Do you have any questions, suggestions, or feedback? Then write a comment or private chat. If you need any help, info, or analysis. Then knock me without any hesitation. …Thank you…
OANDA:XAUUSD
by LearningForexB2
Gold short-term day trading plan.From the trend point of view. Compared with long and short positions, the bulls are still slightly stronger. So the operation is still mainly based on low buying. The intraday trend maintains high fluctuations. The amplitude is about 15 US dollars. But it finally returned to the high level in the New York market, which is enough to prove the strength of the bulls. At present, the gold price is maintained at the 2741 line. The analyst of the fast trading team said that in the short term, it can be maintained at a low buy below the price of 2735. Whether the pressure of the upper 2760 line can be broken. If it breaks through, continue to go long. If the pressure is very high. Then short selling at high levels can be maintained in the short term. Short selling at a high level. (This view is for reference only) Specific transactions are mainly based on real-time notifications. There was no loss in trading failures on Monday. Others look at the record by the winning rate. I only measure the record by the losing record. The fast trading strategy is tailored for: novices. Trading losses, those who want to expand profits but do not expand profits, and those who are unclear about the direction and do not know how to analyze the market. If you are also. Then you can try to change your trading style with fast trading strategies and get rid of those hateful labels. OANDA:XAUUSD CAPITALCOM:GOLD BITSTAMP:BTCUSD NYMEX:MCL1! BINANCE:BTCUSDT
TVC:GOLDLong
by George_parse
XAU ! 10/28 ! sideway move in trendlineXAU / USD trend forecast October 28, 2024 Gold price (XAU/USD) starts the new week with a slight bearish gap, unable to sustain Friday’s gains near $2,750. Persistent USD strength, supported by rising US Treasury yields and expectations of smaller Fed rate cuts, puts pressure on the metal. A positive risk sentiment also adds to the downward pull. However, safe-haven demand from Middle East tensions and US election uncertainty limits further downside for gold. Traders may remain cautious and hold off on strong bearish positions ahead of key US data this week, including Q3 GDP, the PCE Price Index, and the Nonfarm Payrolls report. On Monday, gold price moved sideways within 2 trendlines, waiting for NF news fluctuations this week. /// SELL XAU : zone 2743-2746 SL: 2751 TP: 50 - 200 - 300 pips (2716) Safe and profitable trading
OANDA:XAUUSDShort
by Moon-ForexAcademy
5
XAUUSD: Trading In The 2720-2740 RangeI'm not sure if everyone followed the signals before last Friday's close, but if you did, today's trade should definitely be profitable. Currently, after filling the gap from today’s lower opening, gold has once again begun to decline, forming a pattern similar to a double top. While there is some support at the current level, it is not strong. From the perspective of the ascending trend, strong support should be around 2722, while the horizontal support from the head and shoulders pattern lies in the 2718-2712 range. By connecting the high point from last Friday's close to the high point of today's rebound, we can identify a downtrend, with resistance located near 2737. Therefore, today's subsequent trading will primarily focus on the range between 2740 - 2720. If the trend breaks, we will need to adjust our strategy accordingly.
OANDA:XAUUSD
by Mia-Signal