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Xauusd4h

XAUUSD Daily Chart Analysis: Drop below 1600 is still possible XAUUSD is showing weakness in the daily chart. There is scope for a drop below 1560. Currently, the price is consolidating between 1688 and 1705. Once the consolidation is over, a drop is likely. In the hourly chart two, Gold is trading below the important 100 hour EMA, which indicates short and medium-term weakness. Sell Trades executed at the zone I have marked in my chart are still valid with SL placed above the previous high.
FX:XAUUSDShort
by TraderAvDM
83
XAUUSD LONGGold is an uptrend and each time it climbs up it is testing new support and resistance. I'm expecting it to hit around 1800 but we'll see how it plays out. Be careful with Gold use small lot sizes. Again same as GUSD I have been in gold earlier but I took my profits and started a new trade. Always take your money. You could always set your SL to break even once it has climbed up a good amount but I'd rather take in some profits than none. Again don't be greedy but trust your analysis.
OANDA:XAUUSDLong
by Eyouelexchange
4
XAUUSD (Gold) - Approaching Key Resistance @ $1700📢XAUUSD 4H - Technical Breakdown 📈Price action nears key resistance at $1700. This is the current range high despite the extremely volatile swings that have seen Gold ranging 2000+ pips in a single week. 📊How Gold reacts to this key resistance area today and over the coming days will largely dictate the direction for the next 7-12 days and give us more insight into whether we should be scoping out buy or sell positions. Keep an eye out on my TradingView for Gold trades as and when we have more confirmation.
OANDA:XAUUSD
by SmithTradeSmart