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Xauusdlong

Gold breaks new high againGold prices hit a high of 2509 last Friday and closed at 2506, crossing the 2500 mark for the first time in history. Last week, it closed steadily at the 2500 mark. Although it fell back at the opening of this week, the support of 2480 below was not broken, and the overall bullish thinking remains. If the gold price can remain above the key support level and the technical indicators show a positive trend, you can consider going long on dips; if the gold price approaches the important resistance level and the technical indicators show signs of overbought or divergence, you can consider going short on rallies. - Operation strategy: - Pay attention to the 2528 position. If it reaches the 2525 position, you can try to go short with a light position, and then watch the gold price go down to test the 2500 support. The stop loss of short orders can be set in the 2530-2535 range. You can go long directly at 2500, TP2530-40
OANDA:XAUUSDLong
by Kevin-Trading-King
1
Gold Trading : A Must-See OpportunityToday’s trading went very smoothly. I sold at 2746, took profit at 2738, then bought back at 2738 and closed in the 2742-2745 range—perfectly timed. Some friends receive only one signal a day, while others get two, and some can access every trading signal I send. It all depends on your individual choices and preferences. Currently, gold has broken above MA5 and returned to 2746, with MA60 as a reference for support and resistance temporarily at 2750. Today’s decline started from this level, and any upward movement will need to be assessed through trend lines, targeting around 2760. If it truly rises to this level, I believe there’s a high chance it will drop back to around 2750.
FOREXCOM:XAUUSD
by MichaeliaDefoe
Gold prices will continue to rise after the market opens As of the market close, a total of six trades were executed today, with two sell orders at $2732 and $2738, and four buy orders around $2727. All members of the rapid trading strategy group reported profits, and low-position buy orders are being held into the close, anticipating a target exit above $2731 tomorrow. The current market remains in a bullish trend, with recent pullbacks considered mere technical corrections. The recommended strategy is to focus on buying at lower levels, with critical support identified in the 2700-2712 range. I expect the market will likely break through upper resistance this week. While the U.S. dollar remains strong, the impending impact of interest rate cuts could provide upward momentum for gold. Additionally, geopolitical factors may also support price increases. In the coming hours, gold prices are expected to experience notable gains, making buying at the market open a prudent choice. The likelihood of an upward movement in the Asian market is very high, followed by a technical correction in the London market before a significant rise in New York. This is my fundamental view for the market tomorrow. OANDA:XAUUSD BITSTAMP:BTCUSD Some investors may perceive limited trading opportunities in gold, even facing ongoing losses; however, I disagree. As Warren Buffett famously said, "Be fearful when others are greedy, and greedy when others are fearful." Market opportunities often lie within the current volatility. If you are facing losses, low profits, or uncertainty about your trading direction, please feel free to reach out—I will respond promptly. Wishing everyone profitable trading in the market each day.
TVC:GOLDLong
by George_parse
XAU ! 10/22 ! maintain the uptrend 2755XAU / USD trend forecast October 22, 2024 Gold price (XAU/USD) gains momentum on Tuesday, approaching its all-time high as the European session nears. Ongoing uncertainty around the November 5 US presidential election, risks of a wider Middle East conflict, and expected rate cuts from central banks continue to support gold as a safe-haven asset. A slight dip in the US Dollar also boosts demand for gold, but expectations of modest rate cuts by the Federal Reserve, which keep US Treasury yields elevated, could limit further USD weakness and act as a barrier for additional XAU/USD gains amid slightly overbought conditions. H1 long term frame is still supporting the upcoming uptrend - breaking 2740 and hitting new ATH coming soon / // BUY XAU : zone 2727-2724 SL: 2719 TP: 50 - 100 - 300 pips (2754) /// SELL XAU : zone 2752-2755 SL: 2760 TP: 50 - 200 - 300 pips (2725) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
1
Continue to wait for the new gold ATH to be higher⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: US Treasury bond yields surged over ten basis points, with the 10-year note yielding 4.192%. As a result, the US Dollar Index (DXY) climbed 0.50%, reaching a two-month high of 104.01. Meanwhile, tensions in the Middle East persisted as Israel reported a projectile from Lebanon landing in central Israel, and Iran’s UN envoy criticized Biden’s remarks on Israel’s potential attack as "inflammatory." Dallas Fed President Lorie Logan highlighted the need for flexibility in monetary policy, reinforcing the gradual approach to lowering borrowing costs. ⭐️Personal comments NOVA: After adjusting for liquidity in the 2715 price range - the gold price continues to increase significantly - returning to the 2735 price range and tending to increase to create a new ATH in the near future. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2760 - $2762 SL $2767 TP1: $2750 TP2: $2740 TP3: $2730 🔥BUY GOLD zone: $2695 - $2697 SL $2690 TP1: $2705 TP2: $2715 TP3: $2730 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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:XAUUSDLong
by Nova-Scalper
2
XAUUSD: Continue To Sell, TP 2719-2713Recently, due to escalating international tensions, gold prices have soared, leaving Friday’s short positions in a losing state. From a technical perspective, short positions should have started to push back if it weren’t for the news. Currently, the MACD shows a continuous top divergence, but the ongoing war has rendered technical analysis somewhat powerless, which is a major reason for the predicament. I believe that news will also have a buffering period, during which the market will return to technical patterns, creating crucial opportunities to turn losses into profits. In today’s U.S. session, there is a high probability of a downturn in gold, with my expectation around 2716, so short positions will remain my primary focus for trading today. If your positions are also trapped, please reach out to me so we can work together to find a way out.
OANDA:XAUUSDShort
by Mia-Signal
1
Gold Technical Analysis: (READ DESCRIPTION)Gold Technical Analysis: Bullish Bias Above 2721.00 Pivot Point: 2721.00 The 2721.00 level serves as a key support, and the technical setup suggests potential for further upward movement if this level holds. Our Preference: Long Positions Recommended Trade: Long positions are preferred above the 2721.00 pivot point, signaling a potential rally toward higher resistance levels. Target Levels for Upside Movement: First Target: 2747.00 This represents a resistance level where traders may consider booking profits or reassessing the trend. Second Target: 2757.00 If the first target is surpassed, gold could continue its upward momentum, aiming for 2757.00. Alternative Scenario: Downside Risks If the price breaks below 2721.00: Bearish Outlook: First Target: 2714.00 Second Target: 2705.00 These levels indicate possible support zones if the bearish scenario plays out. Technical Insights: RSI Indicator: The RSI is mixed but leans toward a bullish bias, suggesting that while some caution is warranted, the general trend favors upward movement. Momentum: A break above 2721.00 would strengthen bullish momentum, while a breach below this level would weaken the outlook.
OANDA:XAUUSD
by CharivapaAlgo
An Analysis of Short Position StrategiesCongratulations to the investors who followed my trading strategy yesterday, successfully going long at low levels and securing two profitable waves, yielding substantial returns. Today, we must continue to seize market opportunities. Fundamental Analysis: U.S. Secretary of State Antony Blinken made another visit to the Middle East on Monday, advocating for a ceasefire and seeking to restart negotiations to end the conflict in Gaza and mitigate the escalation in Lebanon. This news has slightly dampened the demand for gold as a safe-haven asset, reducing market interest in buying. Technical Analysis: The current hourly chart shows signs of a double top formation, with gold facing strong resistance at the 2740 level. If this resistance is not breached during today’s European and U.S. trading sessions, gold prices are expected to test this level repeatedly. In summary, the fundamental factors have weakened the upward support for gold, while the technical double top resistance reinforces this outlook. Therefore, today's trading strategy for gold should primarily focus on short positions at high levels. Should you require detailed guidance on short entry points, please feel free to contact me for professional advice and support!
OANDA:XAUUSDShort
by Falcon-Training-Camp
2 buying scenarios for XAUUSDIn the chart, I have drawn two price scenarios for XAUUSD. Please note that if the price does not move in the direction of the scenario and crosses the price range of $2,740, the scenarios will be canceled and I will publish new scenarios in my profile. Scenario 1: The low liquidity price of the indusment will collect "$2,705" and then continue its ascent, the price target of this scenario will be $2,740. Scenario 2: Give a low price of indusment close and react to the first demand, the price target of this scenario will be $2,740.
OANDA:XAUUSDLong
by mhbaniasadi
Gold Trading Success: Future Strategies (BUY)Today has been a perfect day as we successfully hit our target of 2720, securing impressive profits. Currently, gold is showing a U-shaped bottom trend, with key resistance at MA5 and MA60, leaving about $5 of room before reaching MA60. I believe this space can be utilized. If it fails to break through, we will choose to close positions here; however, if it does break, I expect prices to rise towards the 2728-2734 range. In case of a reverse drop, I suggest adding orders in the 2713-2707 range, with a take-profit target set at 2718.
FOREXCOM:XAUUSDLong
by MichaeliaDefoe
3
Gold Will First Fall To 2720The New York trading session has begun, bringing more market opportunities! I’m sure there are others out there still holding onto the 2723 sell order like I am. For now, I'm not planning to touch it—I’m waiting for profits. The price is still above the MA5, so I just need to wait for it to break, followed by the MA30. By Tuesday or Wednesday, the price should drop to at least 2720, and that’s when this order will become profitable! In the meantime, I’ll continue trading other signals. While there are plenty of opportunities in the market every day, I can't guarantee I'll catch every single fluctuation. As long as it's a signal I send out, I will track it thoroughly until the order is completed perfectly! Trust me—every trade you make will receive expert guidance and support. Together, we’ll lock in profits and achieve wealth growth!
FOREXCOM:XAUUSDShort
by MichaeliaDefoe
XAUUSD is about to reach 2800, trading strategyIn the first trading day of the week, the Asian session for XAUUSD continued its upward momentum, with prices approaching $2733, setting a new historical high. However, by the end of the Asian session, gold prices retreated from these elevated levels. Fundamental Analysis: Despite the dollar remaining close to its highest level since early August, uncertainty surrounding the U.S. presidential election and expectations of Israeli retaliation against Iran have fueled demand for safe-haven assets. The recent surge in gold prices has occurred amid a strengthening dollar and rising U.S. interest rates, with escalating tensions in the Middle East. The upcoming BRICS summit highlights the continued demand for gold among central banks, indicating a bullish trend from a fundamental perspective. Technical Analysis: Currently, there are no significant resistance levels for gold's upward trend, especially after breaching new highs and surpassing previous resistance levels. Market sentiment remains increasingly bullish. From the 4-hour chart of gold, the 50-period Exponential Moving Average (EMA) continues to provide support. However, historical trends suggest that the current upward movement may trigger some profit-taking, potentially forcing gold prices into a short-term correction before resuming the upward trajectory. Therefore, it is recommended for day traders to consider going long on XAUUSD during any pullbacks. For detailed entry points for long positions, please feel free to contact me, and I will provide you with professional analysis and guidance.
OANDA:XAUUSDLong
by Falcon-Training-Camp
New ATH continues! Gold broke out this year⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) rises to around $2,720 during Monday’s early Asian session, driven by ongoing Middle East tensions and uncertainty surrounding the US presidential election. Geopolitical risks, particularly Hezbollah's escalation of conflict with Israel, have prompted investors to seek safety in gold. Additionally, concerns over the upcoming US election and expectations of looser monetary policies from the Federal Reserve further support the metal’s upward trend, according to Alexander Zumpfe, a precious metals trader at Heraeus Metals Germany. ⭐️Personal comments NOVA: Gold prices are continuously increasing, creating ATH after military tensions in the world - currently the top asset type to accumulate in the world, continuing to be expected to increase anew this week. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2743 - $2745 SL $2750 TP1: $2735 TP2: $2720 TP3: $2710 🔥BUY GOLD zone: $2707 - $2705 SL $2700 TP1: $2715 TP2: $2722 TP3: $2730 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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:XAUUSDLong
by Nova-Scalper
1
GOLD BUY | Idea Trading AnalysisGOLD is moving in an ascending channel. The chart broke through the dynamic resistance, which now acts as support. We expect a decline in the channel after testing the current level. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GOLD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
TVC:GOLDLong
by TheGrove
1
Break M45 - continue to increase waiting for 2745! 10/21XAU / USD trend forecast October 21, 2024 Gold price (XAU/USD) continues Friday’s breakout above $2,700, gaining momentum for the fifth straight day at the start of the week. This marks its seventh positive day in the last eight, reaching a new record high above $2,730 during the Asian session. Ongoing geopolitical tensions in the Middle East and political uncertainty in the US ahead of the November 5 presidential election support the safe-haven demand for gold. 2 M45 trend lines - gold price continues to rise. Wait for correction to touch EMA then continue to increase. /// SELL XAU : zone 2745-2747 SL: 2753 TP: 50 - 100 - 300 pips (2717) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
1
Gold Trading Strategy: Today's Gains and Future OutlookBefore Friday’s close, I chose to buy gold at 2719. Today, the opening price rose, and I closed positions at 2723 and 2725, selling within the 2723-2732 range. Currently, the order at 2732 has closed at 2725. The price has dropped to MA30, showing support, though not strong. I believe it will find better support at MA60 (2715). Before that, if a rebound occurs, I consider MA5 (2728) as a reference for resistance. Today has been another profitable day. I'm looking forward to the New York session, where market volatility will increase, and we’ll continue trading then!
FOREXCOM:XAUUSDShort
by MichaeliaDefoe