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Xauusdsell

I doubled short gold around 2589.Bros, I know that some short sellers are very anxious because gold has already reached around 2590, and it is only one step away from 2600. As long as my friends who follow me know, I hold a short position, but I am not particularly worried. If you still hold a short position in gold, please be sure to read the following content carefully. Today, gold basically maintained a consolidation trend. As of now, gold has not broken through 2590. Since yesterday, I have been emphasizing that the 2580-2590 area is likely to become a short-term top area, and it still holds true now. Gold has failed to break through 2590 many times, and it is very likely to copy the trend of gold near 2530 some time ago. It has failed to break through many times, and it has built a short-term top structure and then fell under pressure. I think this possibility is very high! In addition, the Federal Reserve is going to cut interest rates, and I firmly stand in the camp of expecting a 25 basis point interest rate cut. Once the Federal Reserve cuts interest rates by 50 basis points below market expectations, gold will inevitably fall. Moreover, gold rose before the interest rate cut, which is likely to reserve room for decline after the interest rate cut. Last point, in fact, what I focus on now is not market fluctuations, but market sentiment. Even if I continue to be bullish on gold, the transaction risk is very high, so I prefer to start shorting gold when the market's bullish sentiment is high. So I am not worried about the short positions in my hands. On the contrary, I doubled my short positions on gold near 2589 today. I believe that time will eventually give us rewards!
OANDA:XAUUSDShort
by alongwineer
6
Sorry, I have already shorted gold!Stimulated by the news, gold has risen rapidly to around 2552. Obviously, gold has seen a very obvious squeeze and rise. After the rapid rise of gold, there must be a technical demand for a fall. I expect 2552 to be the high point of gold in the day, so when you all want to chase the rise of gold, I have already started to short gold! Brothers who are shorting gold, you are definitely not alone, I am here with you! 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. !
OANDA:XAUUSDShort
by alongwineer
78
XAUUSD: Sell@2577-2590 Have a nice day. I was away on a business trip Tuesday, and just got back today—I hope everyone is doing well. Gold did not follow my initial expectation of a decline. Instead, after breaking through resistance, it experienced a significant rally. Today, it broke past 2580, setting a new all-time high. Based on current indicators, the market still has upward momentum, and we can't rule out the possibility of testing 2600. However, before that happens, there will likely be a test of support. Thus, my trading approach is to short gold in the 2577-2590 range for now.
OANDA:XAUUSDShort
by Mia-Signal
Gold Set to Decline After European Session Today, the primary focus is on short positions after the European session. During the Asian session, there may be another test of the upper resistance, but the probability of a breakout is low. Therefore, after the European session, bearish momentum is expected to take control. Our trading strategy should align with this trend by initiating sell positions. In the near term, the market is likely to decline towards the 2550 level, with a medium-term target around the 2487 zone.
OANDA:XAUUSDShort
by Mia-Signal
XAUUSD: Analysis and strategy before the Fed rate decisionYesterday's view on gold was still very accurate. In the article, I clearly stated that there would be a correction before the Fed's interest rate decision, and the window period was after the data was released. As expected, under the premise of multiple negative data and a large number of long orders being profited, the gold price fell all the way to 2560, which also gave us the opportunity to close the short positions we held last week. The Federal Reserve's interest rate decision will be announced today. My prediction for a rate cut is 25 basis points. The possibility of 50 basis points is not high in my opinion, but it has to be guarded against. In the context of the upcoming announcement of the interest rate cut, today's trading strategy must be based on the number of basis points of interest rate cuts to formulate a trading plan, so I give the following suggestions for your reference: In the case of a 25 basis point interest rate cut: I personally think that the gold price will rise first and then fall. First of all, the interest rate cut is definitely good for gold, but because of the continuous interest rate cut remarks for a month, the gold price has now reached a historical high of 2590, and has digested the impact of the interest rate cut in advance. The rise in gold prices from 2530-2590 is largely due to some investors' belief that the Fed will be concerned about employment issues, which greatly increases the probability of a 50 basis point rate cut. Therefore, once the announced value does not meet expectations, the price of gold will inevitably fall. In the case of a 50 basis point rate cut: There is no doubt that gold prices will continue to rise and set a new high again.
OANDA:XAUUSDShort
by AntonyTP
Gold Forms Triangle Consolidation, Double Top Reversal in Sight? Yesterday, gold made its first pullback to test support and has now formed a triangle consolidation pattern. I anticipate that today will begin with an upward movement, followed by another test of resistance. However, I believe the resistance will hold, leading to another decline. Eventually, gold is likely to break below the trendline, forming a double top at the highs and triggering a significant bearish reversal.
FOREXCOM:XAUUSDShort
by MichaeliaDefoe
XAUUSD: The decline is about to begin, have you sold?After gold rose to the high point of 2580-2590, it basically maintained a shock consolidation this week. So far, no new historical highs have been triggered this week. For now, most investors in the market believe that the Fed's interest rate decision will be a node, but in fact, it is not. I think today's data will be a window for a change. Because the closer the interest rate decision is, the more people will be eager to close the profitable long orders, which will quickly weaken the long force and give the short force an opportunity to take advantage of the situation. So I think there is a high probability that there will be a callback before the interest rate decision. Trading strategy: Sell in the 2580-2590 area, the target is first to look at the 2550 area, and the second is the previous high 2530 area. I personally still hold on to the short orders I held last week. After adding positions at high levels several times, the average price is now at 2567. As long as the gold price falls, our trapped orders can be closed at a profit.
TVC:GOLDShort
by AntonyTP
2
Gold Nearing Peak: Time to Short Ahead of Expected Pullback Gold has reached a high level, and technical indicators are starting to show signs of weakening. I anticipate that we are about to see the final short-term push upward, followed by a return to a downward consolidation trend. Prices are expected to drop below 2550. The current trading strategy is to initiate short positions, gradually adding more as the price fluctuates, and holding until the downward trend begins.
OANDA:XAUUSDShort
by Mia-Signal
Gold: Will start selling above 2590 Currently, the gold price is at 2584. I believe it should rise to the 2590-2596 range before starting to decline, with a significant drop likely to occur, potentially reaching the 2563 area. Therefore, I plan to initiate a sell position near 2590, with take-profit targets set in the 2573-2561 range. Gold's price movement could be influenced by market supply and demand, geopolitical risks, and economic data, so I will closely monitor market developments to adjust my strategy as needed.
FOREXCOM:XAUUSDShort
by MichaeliaDefoe
1
XAU/USD "GOLD MINES" Bearish Robbery Plan to steal GoldHola ola My Dear 🤑💰, Robbers / Money Makers & Losers, This is our master plan to Heist XAU/USD "GOLD MINES" based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High Stop Loss 🛑: Recent Swing High using 30m timeframe Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
FXOPEN:XAUUSDShort
by Thief_Trader
GOLD: The 2570-2580 area is likely to be a stage high pointGold finally ended the suppression of nearly a month yesterday, breaking through 2530 in one fell swoop, and the latest high reached 2572. I mentioned in yesterday's article that if gold does not set a new high in the short term, it may go down, but I didn't expect the impact to be so strong, much more violent than I expected. Yesterday, my Sell position was still held, with a small position at 2543 and an increase at 2550. Now the price has stabilized around 2570. I am going to add a little more, pull the average price appropriately, and continue to hold a bearish view. In my opinion, it is impossible to keep setting new highs. From the previous high of 2530 to the current 2570, it has risen by more than 40 US dollars after setting a new high. According to the previous rising pattern, each time the increase is 50$, so we can conclude that the high point of this rise is likely to be in the 2570-2580 area. Therefore, we don’t have to worry too much about the short orders we hold. The price of gold is likely to start falling from the 2570-2580 area. Next, I will continue to update my ideas in my channel for your reference. If you have any ideas, you can ask me directly.
TVC:GOLDShort
by AntonyTP
1
Gold has not stopped increasing, long-term sell ordersI update you with the price levels to pay attention to when placing orders. For Sell Scalping orders, pay attention to the red levels at the price points 2595 - 2611 - 2620. For Buy points, 2575-2571- 2554 - 2545. These levels have a maximum SL of 3 prices. Never hold on to more than this level and the points around 2530-2526. This is a long-term swing order zone for Buy, which is expected to be received next week, because there will always be a correction wave. Looking at the market today, the daily and weekly frames are both strong forces for Buy to completely dominate. So if there is any Sell today, just scalp for a short time, and Buy is the main one to be safe. Because today, it is only scalping, so I will only show you the price levels on the Futures market because it has higher accuracy than CFD. Because if Buy holds for a long time, you are afraid of hitting the top, but Sell is afraid of being blocked by the ship. Because gold is at a new ATH peak, there will be no good resistance points. Where to Sell, most analysts currently only use Fibonacci as a price barrier, but it is also risky when the market's upward force is as strong as this, I am busy today and tomorrow I will be online in the market with you, so if you trade today, pay attention to the above price levels, these price zones will change every day and need to be updated the next day, I remind you again that if the price reaches the green liquidity points I marked, Buy is safer, and the red points Sell is high risk, if you do not have knowledge or are weak in knowledge, do not pay attention to the red points, because trading against the wave and trend has a very high possibility of loss, the wave is still expanding and has not shown any signs of stopping, so please pay attention. -- World market At 06:18:28 09/17/2024, the world gold price stopped at 2,582.76 USD, up 3.73 USD/Ounce, (equivalent to 0.14%) compared to yesterday. Converted according to the current exchange rate at Vietcombank, the world gold price is about 75,918 VND/tael (excluding taxes and fees). At the beginning of the trading session on September 16 (US time), the world gold price set a new record at 2,588 USD/ounce. However, immediately after that, profit-taking activities of investors caused the gold price to decrease. Precious metals received optimistic signals from the US Federal Reserve (Fed) at the monetary policy meeting taking place this week. The market is leaning towards the possibility that the Fed will decide to cut 25 basis points.
OANDA:XAUUSDShort
by TheLeader_WOLF
XAU/USD "GOLD MINES" Bearish Robbery Plan to steal GoldHola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist XAU/USD "GOLD MINES" based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High Stop Loss : Recent Swing High using 2h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
FXOPEN:XAUUSDShort
by Thief_Trader
Historical high for pullback target 2500Historical high for pullback target 2500 Fundamental Analysis of XAU/USD US Federal Reserve Monetary Policy: Interest Rates: Higher US rates make the dollar stronger and reduce the attractiveness of gold, as the precious metal does not pay interest. Lower rates, on the contrary, weaken the dollar and increase demand for gold. Inflation: Gold is often used as a hedge against inflation. Rising US inflation could push gold prices higher. Economic and Geopolitical Risks: Gold has traditionally been a safe haven asset, which is in demand during times of economic uncertainty or geopolitical crises. Examples include global financial crises, military conflicts, and tensions between countries. US Dollar Rate: Since gold is quoted in dollars, the movement of the USD rate directly affects the price of gold. A weak dollar makes gold cheaper for foreign investors, which increases its demand. Gold Demand: Physical Demand: Industrial demand, jewelry demand, and investment demand (through gold ETFs) are also important for gold price dynamics. Central Bank Stocks: When central banks buy or sell gold, it can have a significant impact on its price. XAU/USD Technical Analysis Technical analysis uses price charts and indicators. Some popular methods of analysis include: Trend Lines: Analyze the long-term trend (upward, downward, or sideways). If the trend is up, gold may continue to rise unless there are signs of a reversal. Support and Resistance Levels: Identify key levels where the price has bounced or held off previously. These levels can be used to decide when to enter or exit a position. Indicators: Moving Averages: Used to analyze the general direction of a trend. A crossover of a short moving average with a long moving average from top to bottom may indicate the beginning of a downtrend, and vice versa. RSI (Relative Strength Index) indicator: Shows whether an asset is overbought or oversold. Values ​​above 70 indicate overbought, below 30 indicate oversold. MACD (Moving Average Convergence Divergence): Helps to assess changes in the strength and direction of a trend. Candlestick patterns: Some candlestick combinations, such as Hammer, Engulfing, or Doji, can signal a price reversal or continuation of the current trend.
FXOPEN:XAUUSDShort
by seventhlab