Xauusd buy confirm signal Gold price trades near $2,620.00 on Monday, with the daily chart indicating a consolidation phase as the metal moves sideways near the nine- and 14-day Exponential Moving Averages (EMAs). The 14-day Relative Strength Index (RSI) hovers just below the 50 mark, reflecting a neutral sentiment. A decisive move above 50 could signal increased buying interest in the commodity.
Gold now buy 2615
Target 2650
Small sell
On the downside, the XAU/USD pair may find its immediate support around the nine- and 14-day EMAs at $2,624.00 and $2,628.00, respectively. A break below these levels could increase selling pressure, potentially pushing Gold toward its monthly low of $2,583.39.
Xauusd H1
Confirm signal
Xauusd1h
Xauusd sell Gold resumes its decline after the early advance and trades below $2,600 early in the American session. Stronger than anticipated US data and recent central banks' outcomes fuel demand for the US Dollar. XAU/USD nears its weekly low at $2,582.93.
Gold now sell 2592
Support 2580
Support 2570
Resistance 2600
Ready to go long on goldGood morning, bros! Let's re-examine the gold market together!
Gold fell back again after touching around 2674, with the current lowest falling to around 2661. From a short-term structural point of view, gold constructed a sub-high of 2674 at the hourly level, forming an 'M' top structure with yesterday's high of 2676, forming a negative impact on gold. A certain degree of technical pressure;
However, from an overall perspective, if gold cannot fall below the 2650 position during the fall, it will reduce the pressure on the hourly level 'M' top and accumulate energy during the fall, which will help gold continue to fall after the fall. The price fluctuates and rises, and it is easier to break through the resistance in the 2678 area, and may even continue to rise to the 2680-2690 area.
So in terms of short-term trading, we can use the 2660-2650 area as support and try to go long on gold! Bros, are you bullish on gold in the short term like me? 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!
Execute gold trading by selling high and buying lowBros, gold has been fluctuating in the 2645-2655 area most of the time today, with only a fluctuation space of $10. To be honest, it is not easy to participate in trading except for scalping. At present, gold has rebounded to around 2650 again. Gold is still in a narrow range of fluctuations as a whole. Gold may use the NFP market to break the box range, thus showing continuity.
So before the NFP market, we can still treat the market with shock in trading. Then the first thing to pay attention to above is the resistance of the 2655-2660 area, and the first thing to pay attention to below is the resistance of the 2640-2630 area. Before breaking the box range, we can rely on the support and resistance areas to sell high and buy low.
Trading strategy:
1. Using the 2655-2660 area as resistance, try to short gold;
2. Using the 2640-2630 area as support, try to long gold;
Bros, do you know how to correctly grasp the trading rhythm of 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!
Scenario on XAUUSDOn the chart we have a level marked around which the price has been hovering all the time. This level is located around the price of 2660-2640. A correction is forming which is still not complete for me. If it cannot break through this resistance at this moment, it is quite likely that the price may correct somewhere towards the level of 2500 or even a lower price. For me, this market is still undecided and for now I am staying out of the position. If what I described happens, I will take a short.
XAUUSD: Today's Strategy—Buy LowFollowing yesterday's significant decline in gold prices, short-term indicators show a strong rebound potential. Today’s strategy is to buy at lower levels and wait for prices to rise above $2,640, at which point we can adjust the approach based on market movements. The detailed strategy was shared during yesterday’s session, so please refer to it if you need clarification. If you have any questions regarding trades, feel free to leave a comment, and I’ll be happy to assist.
GOLD: Sell@2728-2734We closed our short position at a very opportune time. After taking profit at 2714, gold surged again, showing a strong bullish trend. Given this momentum, the market is likely to test 2730 after the next week’s opening. Therefore, I plan to hold my long position over the weekend, with my TP set at 2725. Once the price reaches the 2728-2736 range, I will consider selling again.
Gold Bears Secure Profits, Ready To Enter Long Position
Today, gold successfully reached our target range of 2644-2637, delivering strong profits for short positions. In trading, clear signals inevitably lead to profitable outcomes.
Now that gold has broken above the MA20 and is showing a bullish formation, we will follow the trend and shift towards long positions. Using the MA20 as our reference line, a buy order should be placed around 2652-2646. However, given the current high price near resistance, it's important to manage risk. I recommend setting a stop-loss (SL) around 2632, but adjust according to your individual account management strategy.
#XAUUSD 1HBased on the 1-hour analysis, the price is consolidating near the resistance area. I'm personally looking for a selling opportunity around the 2509.00 zone.
There’s a chance the price could drop directly from here without testing our zone.
Avoid placing advance orders for now and wait for strong bearish confirmation before entering.
#XAUUSD
First short gold, then long goldBrothers, today is a new beginning, let's trade happily together! Currently, gold has risen to around 2526, approaching the previous high of around 2532 again. Obviously, the recent buying support below is strong, and the market is enthusiastic about going long. So gold has not seen a decent retracement.
However, I don’t think chasing gold is a wise choice now, so going long gold is not my first choice now. On the contrary, I will still choose to short gold in an appropriate amount to gain gold's retracement space. The short-term resistance above is located in the 2535-2540 area. However, in this market, I don't expect too much room for decline. The first support below is around 2510, followed by the 2495-2490 support area below.
I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
SasanSeifi| Will Gold Continue to Correct? (1H)Hey there, By analysing the OANDA:XAUUSD chart in the short-term 1-hour timeframe, it is observed that the price has experienced corrections from the $2531 level and is now showing a positive reaction within the demand zone, currently trading around $2510. In this timeframe, the outlook leans towards a bearish trend, with a potential decline to corrective targets at $2494, $2490, $2482, and $2477.
The potential trends are highlighted in the above chart, and there is a possibility of a price reversal from the $2514 to $2523 range. To better understand the next price movement, it’s essential to observe how the price reacts to these levels. If momentum weakens and the necessary confirmations are received from the specified levels, the corrective scenario will gain significance. Conversely, if the price encounters increased demand and successfully penetrates and stabilizes above the mentioned levels, the possibility of further growth and invalidation of the corrective scenario increases. (For the uptrend to continue and to reach higher targets, the $2531 resistance needs to be broken, and the price must stabilize above this level.)
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
Gold fell and broke through, continue to be bearish on gold
After gold rebounded and came under pressure at 2350 resistance, it fell directly, and then fell below a new low. Gold broke through and fell, and short-term bulls were weak.
The 30-minute moving average of gold has formed a dead cross downward short position. The 30-minute gold has formed a downward trend. It has rebounded weakly along the downward trend line. Now the resistance of the downward trend line is just around 2341.
Gold is bullish to the 2335-2345 area before falling backToday we made a good profit in gold long and short transactions, which gave us a good start for this week's trading. First, we shorted gold near the 2323 position in the morning. When gold fell back and touched the 2316 position many times, it stopped falling, so I closed the position near the 2317-2316 position in time to lock in profits in time;Then we went long gold near the 2315 position and set TP: 2328. Gold successfully hit TP during the rebound to above 2330; just now gold hit TP: 2320 again during the fall, and the total profit in today's transaction was: $23K. And continue the good results of 18 consecutive wins!
During today's rebound, gold strongly broke through the 2310-2315 resistance area and broke through the high point since May. Gold has turned from weak to strong in the short-term; it has successfully built a triple bottom structure in the short-term structure and established effective support below. The short-term upward momentum is intact, and gold still has the potential to continue to rise. However, as the weekly candle chart weakened last week, we must also be careful of the market falling back after rising high. The main pressure above is focused on the 2335-2345 area.
Therefore, we are still very flexible in the next transaction. First, we can use the support below to go long gold; after waiting for gold to rise, we can use the resistance area to short gold. In this way, we can strive for maximum profits in long and short transactions.
I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
Don’t go short, go long gold directlyToday, due to the expansion and escalation of geopolitical conflicts, market risk aversion has surged. Gold has been enthusiastically sought after as a safe haven asset. It took the 2400 position in one fell swoop and continued to rise to around 2417. Subsequently, Iran repeatedly downplayed the tension, and gold turned downward. It has given up all the gains, with the lowest falling to around 2372.
Judging from the current situation, although gold has risen with the help of the news, it has indeed broken through the suppression of the recent high of 2395, and the pressure above has been released. When gold fell to the 2375-2370 area, its downward momentum further slowed down. In the short term, the 2375-2370 area still has certain support. And the risk aversion in the market is still there, so I think gold is still primed to rise.
Therefore, in terms of trading, I will first consider using 2375-2370 as the support area to go long gold. After gold rebounds, I will backhand short gold. I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
We will definitely meet above 2400Dear friends, in addition to being exciting, it is still so good. Today we went long gold at 2370 and 2365, all of which hit TP and made considerable gains!
Today, gold has retreated to the 2365-2360 area many times. When the adjustment of gold is over, a new round of upward movement is inevitable. After gold has deeply stepped back to the 2363 position, the candle chart continues to rise along with the moving average, all the way up! The current highest level is near 2398. Of course, this is not the end. I think we will meet again at 2400!
For trading, I will still maintain the rhythm of falling back and going long, focusing on the short-term support area of 2380-2375 below. I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
Go long gold and count the money with your eyes closedDear friends, judging from the current overall trend of gold, it has become the norm for the market to fluctuate widely on a roller coaster, but there is still strong support below during the pullback. The short-term level has successfully built a double bottom structure, laying a solid support foundation for the bottom. According to the gold structure, there should be room for gold to rise, and the 2390 position is certainly not the end. Therefore, the short-term decline of gold is to better accumulate upward momentum, which is more conducive for gold to challenge the 2400 mark again.
In addition, the situation in the Middle East is getting more and more intense. Although there are occasional calms, the market risk aversion will not disappear. Once the conflict in the Middle East escalates, it will lead to a surge in market risk aversion and stimulate the rise of gold!
Therefore, in the short term, whether from a technical level or a news level, the energy of gold bulls is still tenacious, so we should follow the trend in trading and seize the opportunity to do long gold when gold falls. From this, we might as well boldly go long gold in the 2370-2365 area, and then patiently wait for the rise of gold to bring us considerable profits.
I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.