XAUUSD:Short and long trading points
Last week we made a good profit on gold trading and look forward to continuing to make more profits this week.
This is the 4h chart of gold. I have observed its MACD and the arrangement of the moving averages. It is beneficial for short positions, so in the overall trading next week, I plan to focus on short selling, as long as the resistance level 2026-2038 is not broken, The probability of short selling to make money is very high. For the target below, we refer to the previous support, which are 1 998, 1992, 1987, and 1978 . When it falls below 1970, our short target can be at 1959. This is a relatively distant target. It takes a process to achieve it, and the market is changing at any time. Our strategy also needs to be adjusted according to its changes.
Trading Signals:
sell: 2011-2023
tp:1985-1959
sl:2027
buy: 1992-1985
tp:1998-2003
sl:1979
This is a trading strategy for a large range. Specifically, I will adjust it according to market changes. Starting tomorrow, our trading will be carried out in the range of 1959-2023, and we look forward to making satisfactory profits.
Traders, I hope my signals can bring you profits, if you like my views, please support me and follow me!
Xauusd4h
XAUUSD:Buy
Crazy gold has fallen again. Now in the 1h chart, MACD has formed a golden cross. In this week's sharp drop, the bulls have not shown a significant counterattack. There is a data today. I judge that they are likely to use this data to launch Counterattack, the probability of rising to 1990-2000 is very high, so I plan to be long gold today.
Trading Signals:
buy:1978-1970
tp:1988-1998
sl:1967
sell: 1998-2003
tp:1988-1979
sl:2009
Gold market forecast
Spot gold rebounded modestly, and the gold price is now near 1975 US dollars per ounce.Gold struggled around 1975.The U.S. debt ceiling negotiations ushered in major news, and the U.S. will not default on its debt.Key data that investors need to pay attention to today: Japan's non-seasonally adjusted commodity trade account for April, Australia's seasonally adjusted unemployment rate for April, Japan's seasonally adjusted commodity trade account for April, changes in Australia's employment population in April, the number of people applying for unemployment benefits at the beginning of the week in the United States, the number of people renewing unemployment benefits in the United States for the week, and the annualized total number of home sales in the United States in April.
Taken together, today's short-term gold operation ideas suggest that the rebound and short selling are the main focus, supplemented by the low step back. The short-term focus above is on the first-line resistance of 1980-1985, and the short-term focus below is on the first-line support of 1970-1975.
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
Gold trading signal analysis
Yesterday, gold fell into a range of oscillations, and the current 4-hour chart shows a slight bottom pattern, indicating that there is a certain support below.
Although it is still weak today, there is not a lot of short-selling opportunity in the market.
As long as you can hold yesterday's low of 1975 today, then the probability will rise.
Today's trading strategy:
gold:buy@1975-1970 tp1980-1985
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
XAUUSD: Buy
Gold 30m chart, MACD dead fork, resistance 1993, 2001, support 1978, 1971, 1953, yesterday’s drop was too large, today and tomorrow should be repaired, and there will be ADP data tomorrow, after yesterday’s drop, after the data is released this time , the probability of gold rising is high. Now in the 4h chart, gold has come to the support zone. Although there is no stop-fall pattern, but through years of trading experience, I think it will start to rebound soon, but the rebound is only to repair the technical form, and it does not mean that the trend of gold has reversed. , so my point of view is that it can be traded between 1950-2000, and the focus is still on shorting.
Trading Signals:
sell: 1998-2003
tp:1988-1979
sl:2009
sell: 1988-1993
tp:1978-1953
sl:1994
buy:1976-1969
tp:1990-2000
sl:1967
Gold continues to be shorted
In the previous article, I will analyze for you that today's market is basically the same as the current trend. At present, we only need to wait for a suitable opportunity to enter the market. Radical friends can short in advance. At present, 1980 is still a stable support line. Although it has fallen many times, it has not broken through. At present, gold is mainly shorted after breaking through 2000.
Trading strategy:
gold:sell@1990-1995 tp1980-1975
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
gold is about to rise
Through the analysis of the golden hour chart, it is learned that the market has been in a state of shock adjustment since the early trading. We can clearly see that although some funds entered the market in the early trading, it was operating in the weak area in the short term yesterday.It is also very likely to reach the bottom of the strong support range operation (2000-2005), but the short-term overall is still in a state of momentum, preparing for further rises in the later stage, in the short-term operation, we continue to think about low and long, focusing on dips and longs.
Trading strategy:
gold:buy@2000-2005 tp:2015-2020
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
XAUUSD: short here
Friends, in the new week, I wish you all earn more money!
Gold 30m chart, MACD dead cross, the upper resistance of 2026 has not yet been broken, the 1h chart is not strong enough for bulls, 4h chart, MACD has a golden cross trend, we need to pay attention to whether the resistance of 2023-2026 can be broken, and the support of 2014-2010, If you have a short position near 2020, you can continue to hold it, and pay attention to setting a stop loss to protect your capital.
Trading Signals:
sell: 2027-2035
tp:2003-1985
sl:2040
XAUUSD - 16 May 2023Gold is in an ascending channel, and currently the price is close to the bottom of this channel.
There is a liquidity zone at the bottom of the channel, which I predict, after the Retail Sales news on New York session, the price will reach this zone and move to the top of the channel from there.
Have a wild day :)
behnaxi
Gold trading signal: 2050
After breaking through the 2007-2013 resistance, gold oscillated around the vicinity of 2015, and then stepped back on the 2007 support. When the support was confirmed to be valid, it began to rise sharply, and the US market rose as high as near 2036. Our long trading ended in 2034, and we are currently waiting for a new round of support confirmation. This support is 2020-2016 and 2026-2023. At present, a backtest has been completed near 2016. Next, focus on the support near 2026. If the support is effective, it will It is likely to break through the previous high of 2049.
Of course, the above is only the conclusion of the analysis of technical patterns. This week's focus is on Friday's NFP. Its impact on gold is very large. The volatility is usually around $100 or even higher. While creating opportunities, it also brings great risks. If there is no complete trading plan, it is recommended to trade half an hour after the data is released, so as to avoid the risk of forced liquidation, or set a limit within $5 during the trading process.
Finally, I want to tell everyone that no matter how many years you have been trading, no matter whether your trading is losing or earning, follow me and you will definitely have more gains!
XAUUSD Gold New Week Possible MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Break of Structure
Symmetrical Triangle as an Correction in Short Time Frame with the Breakout of the UTL and Retracement
CHOCH
Completed " ABC " Corrective Wave
Divergence
Bullish Channel as an Corrective Pattern in Long Time Frame as an Corrective Pattern
IMPORTANT BUY ZONES ON XAUUSDCurrently Gold is at strong resistance area and we can expect pullback to ZOne 1 (2012.95 - 2008.67) and zone 2 (1978 - 1973.7) . BUY entries can be planned at these zones. On the other hand if price breaks the support zone 2, SELLS can be planned on retest. Like and Comments will be appriciated.
GOLD H4Hello traders,
GOLD is setting up for a downside move watch GOLD according to your own trading system and look for a short position opportunity.
Currently i am waiting for price to come around white box area and from there i am looking price action for short, if price break the mentioned high then this setup will be failed.
Price can go directly down from the current area as well.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis.
I wish you good luck and good trading.
Gold: Price needs strong motiveGold prices hovers around 1992.20 level, starting today with clear positivity affected by stochastic positivity, the price needs to consolidate below this level to keep the correctional bearish trend active, as breaching it will stop the bearish trend and lead the price to resume the main bullish trend and head to achieve new gains that start by visiting the recently recorded high at 2048.70.
Until now, the bearish trend scenario still valid as long as 2003 level remains intact, noting that our targets begin by 1987.00 to get negative motive that assists to push the price towards the next correctional level at 1965
Will gold reverse on the way down?Will gold continue to fall to 1950 next?
First of all, what I want to explain is that gold as a whole is still weak, but it cannot be directly shorted in trading.
The reasons are as follows:
From the continuous closing of the lower hatching line at 1970 in the recent trading days, it can be seen that gold is currently receiving technical support at 1970, so gold may take this weak rebound.
So which areas are mainly observed above?
1.First observe the 1988-1992 area
2.Secondly, observe the 2000-2004 area
If these two regions can recover quickly in the short term, then gold may reverse its decline and there is a possibility of challenging the previous high again.It is also worth noting that don't just pay attention to integer thresholds and avoid the pitfalls of technical false breakthroughs.
In addition, in this week's trading, we have achieved a record of consecutive wins and zero losses. Starting tomorrow, our revenue target for this week is 300%. Remember to pay attention to and follow the detailed trading signals in the channel. I am also very happy to make more profits with you.In addition, for the recent ups and downs of the market, over and over again, and frequent long and short conversions, there may be many friends in the trading, back and forth continuous loss orders.So whether it's a friend who has a trading order quilt, or a friend who has recently lost money in a row, I have the real strength to help you solve the quilt, or satisfy your desire to make money. Welcome everyone to visit the channel!
XAUUSD BUY PROJECTION 23.04.23Reason Behind XAUUSD Bullish
1. Last Week Bearish Engulfing candle confirm the further downward Movement towards 1950 Which is Major Support
2. After Clear sell off and Obey the stronger Support and rebound and make teh higher High
3. Breakout above 2010 and Clear Strong Buy
Overall Possible Outcomes
XAUUSD BUY @ 1950
SL 1930
TP 2050
#XAUUSD-TARGETING 2060-2070 REGION!Dear Traders, NFP is tomorrow!!! therefore what we are looking at the GOLD right now, price showed selling pressure whole day today which express we may come down to 1970 when the data comes out tomorrow. The strong bullish momentum will continue as investors are heavily invested on gold and as we also expect FED to release their decision on interest rates. The possible scenario in here is price may not come entirely to our territory but it should at least comes down to 1980. It will also be interesting how DXY will be behaving until tomorrow's nfp.
-GOLD remain so volatile most of the time, in order for you to stay profitable you must use accurate risk management all the time. Stop loss should not be more than 40+ pips while taking entries on XAUUSD.
-Keep an eye out and trade safe.