Xauusdsell
Go long gold directly, targeting the 2325-2330 area.During the day, gold fell back from above 2330, and the current lowest has touched around 2312. The current short-term trend has started to stop falling after multiple long upper shadow lines appeared during the continuous downward trend. During the decline, the energy of the bulls still showed strong resilience, and the short-term trend began to fluctuate and build a bottom. Although the overall trend was bearish, But after the rebound, there will be better room to fall.
So in terms of short-term trading, if you read my last article, you should consider following me to do long gold in the 2316-2314 area, TP: 2325. If you have not participated in the transaction,I still insist on the short-term long gold view and boldly go long gold in the 2316-2314 area. After gold rebounds to the 2325-2330 area, I will consider backhand shorting gold.
I share detailed trading strategies and trading signals every day to help everyone correctly understand trading logic and identify trading traps. After all, only the longer you survive in the market, the more profits you can make in the market. Control risks and profit is king. You can follow the channel at the bottom of the article to understand and obtain detailed trading logic and trading signals in the first time.
XAUUSD: Is there a reversal in gold?
From the point of view of the one-hour chart, gold has broken through the track from the upward channel, and the trend after the breakthrough is temporarily concerned.
If it is a false breakthrough, the trend will return to the channel room, when we still maintain the idea of dips.
If it is a real breakthrough, the lower track of the uplink channel will form a counter-suppression, and pay attention to the performance near 2370 to make a decision!
Today, gold jumped low open, the lowest fell to around 2351, the day's maximum drop of 370 points, around Israel and Iran tensions have cooled, which makes the risk aversion has eased, thus putting pressure on the gold price, from the hour chart is indeed a downward breakthrough, focus on the strength of the rebound to consider short! Want to do more can consider 2344 and 2330 support performance!
I will announce the entry time in my group!
XAUUSD: Heading towards 2250$| Get Ready For Another Big SellDear Traders,
Yesterday was eventful day, Gold dropped till 2291 area and most of the retails liquidity started coming in the market, and as expected price took out most of the liquidity and took the price towards our first selling entry at 2331. However, we have witness strong bearish control at this point and it is likely to see some strong bearish momentum throughout the day. Our likely entry would be 2319$ targeting these areas first, 2290, 2270 and 2250.
Good Luck And Trade Safe.
Grasping the rhythm of both the long and short sides is profit!Because gold failed to touch the 2300 position area again overnight, I adjusted the TP of all short positions yesterday to 2316. Today, in the early morning, all short positions touched the TP: 2316. Although the profit was much less than expected,but the transaction will be safer after adjusting TP. After that, I caught the rebound profit in the area near the 2318 position, hit TP:2330 again, and re-created a short order above 2330, and set TP:2320, currently hitting 2320TP again
So far, although gold has made significant adjustments, it has still not effectively fallen below the upward trend line, so gold as a whole still maintains a bullish pattern. However, compared with the previous period, the energy of gold bulls has gradually weakened, while the energy of shorts has gradually become stronger.At present, the small-level box structure of the gold market is being constructed. Before the small-level box structure is broken through, I believe that in short-term trading, high-level shorting will still be the main method, supplemented by low-level longing in due course.
Because gold did not break through the area where it started to fall yesterday during the rebound and repair process. If it is a deep V reversal, I think the strength is still slightly lacking, so I think gold is still in the rebound stage, not a trend reversal. Moreover, the top is also facing multiple technical suppression, so for short-term trading, I am more inclined to short gold above the 2325-2330 area.
I share detailed trading strategies and trading signals every day to help everyone correctly understand trading logic and identify trading traps. After all, only the longer you survive in the market, the more profits you can make in the market. Control risks and profit is king. You can follow the channel at the bottom of the article to understand and obtain detailed trading logic and trading signals in the first time.
XAUUSD- Reversal trend appears strongGold, as I see it, has reacted pretty genuinely to the aid and resistance area at 2330. Currently, the Gold charge is going for walks withinside the H4 frames and beneath and is absolutely at the Seller side.
> With the present day fashion and the charge is going for walks all around the residence today, Canh Sell Gold Next for me
>Sell Gold Around 2322>2326
SL 2328
City 2316>2306
For Gold, if throughout the Asian consultation it will increase once more and breaks thru 2330, I will replace more. As for the Current Price Frame, every person have to watch Sell Gold in step with the Trend to be safe 😊😊❤️❤️
------NEWS------
Gold costs persisted to fall barely nowadays after hitting their lowest degree in extra than weeks on fading issues approximately escalating tensions withinside the Middle East, even as buyers wait for crucial monetary information to Know extra approximately americaA hobby charge reduce schedule.
Spot gold changed into little modified at $2,321.fifty six an oz. after hitting its lowest due to the fact April 5. The March-April rally in bullion driven gold costs up nearly NYSE:FOUR hundred to a excessive all-time excessive changed into $2,431.29 on April 12. US gold futures had been down 0.2% at $2,342.10.
Israeli assaults intensified throughout Gaza in a number of the heaviest shelling in weeks, however with fears of a much wider warfare easing after Iran stated remaining week it had no plans to plans to retaliate after an obvious Israeli drone strike, economic markets display symptoms and symptoms of extra danger appetite.
“That way gold, that is regularly visible as a danger haven, has misplaced its position,” stated Julia Khandoshko, CEO of European brokerage Mind Money.
Khandoshko stated the marketplace is likewise carefully looking indicators from americaA, in which inflation information and statements from americaA Federal Reserve (FED) advocate hobby quotes might not be reduce in June.
Recent remarks from Fed officers advocate there's no pressing want to reduce hobby quotes, decreasing the attraction of zero-coupon bullion. Traders now anticipate the Fed`s incredible reduce will maximum in all likelihood are available in September.
Markets will watch US GDP information on Thursday and Personal Consumption Expenditures (PCE) information on Friday for similarly clues at the fitness of the financial system and the timing of cuts.
“There are a variety of buyers who overlooked out at the huge rally in gold and can be trying to seize dips like this,” stated Fawad Razaqzada, marketplace analyst at City Index.
In different metals markets, spot silver rose 0.4% to $27.29. Autocatalytic steel platinum fell 0.5% to $912.75, even as palladium rose 1.1% to $1,020.12.
Don’t be afraid, the rebound is an opportunity to short goldGold has rebounded to around 2332 in the short-term. Many people are definitely afraid that gold will continue to rise to a higher level again. Maybe many people are even chasing gold above 2330. In fact, as emphasized in the first two articles, gold has now fallen below the upward trend, and the short trend is now very strong. The short position is far from over, so even if gold rebounds and repairs in the short term, I am not worried. If you read my previous article, I'm sure you know the orders I currently hold. To be honest, I currently hold short positions near 2316, 2320, 2325 and 2330. Although gold has just fallen back to around 2315 in the short term, all my orders have made good profits. But I still did not choose to close the order. I firmly held the order until it hit TP: 2305.
Gold started to fall from the 2335 position during the day, and gold did not even touch the 2335 position during the rebound. Therefore, it is confirmed that gold is only rebounding and repairing during the decline, rather than a trend reversal. Gold bears will continue to perform, and I expect gold to continue to fall back or even test the 2290 area support again. So I thought it was reasonable for me to set up the TP2305 during the transaction.
Therefore, don’t worry about gold’s rebound and recovery in the short term. Instead, I think this is a good opportunity for the market to go short again. I share detailed trading strategies and trading signals every day to help everyone correctly understand trading logic and identify trading traps. After all, only the longer you survive in the market, the more profits you can make in the market. Control risks and profit is king. You can follow the channel at the bottom of the article to understand and obtain detailed trading logic and trading signals in the first time.
Gold drops $100, can we go long?Gold started to fall from the 2401 position on Friday, and the lowest has fallen back to around the 2296 position, with a drop of $105. With such a large correction, I believe the bulls are ready to make a move, so can I go long on gold now?
Although gold has fallen sharply, it still remains above 2300, so gold has not yet fallen below the upward trend line. From a large-scale perspective, gold as a whole is still in an upward trend. The sharp decline in gold at the short-term level has digested the technical head and shoulders pattern. And although the situation in the Middle East has eased at the news level, the risks have not disappeared. Therefore, after all the negative factors for gold appear, whether it is technical or news support, gold should rebound to a certain extent. I think this should be the trading idea of most bulls.
In fact, according to the current trend of gold, gold has fallen sharply and has broken through multiple key supports. The early key support areas have gradually turned into resistance areas. This is why even if there are occasional local rebounds during the decline, they are not strong. In terms of small-level trends, gold did stop its decline in the 2300 area, but gold has already made an attempt. It stands to reason that there will be at least a second attempt to fall again and hit the 2300 area. Moreover, the rapid and sharp decline of gold will cause a series of selling waves and accelerate the decline of gold. Therefore, I think it is best not to go long gold against the trend now. On the contrary, a small-level rebound is very likely to be an opportunity to short gold.
Finally, everyone also needs to learn from previous transactions. Gold has been rising all the way in the past period, and it has also risen by a lot. How many people have suffered a bloody loss in short trading? Those are bloody lessons. So now the wind direction has changed. During the sharp decline of gold, stop thinking about speculating on long gold. Waiting for gold to rebound and shorting are the only way to follow the trend. In the short term, the main focus is on the resistance in the 2320-2325 area above.
I share detailed trading strategies and trading signals every day to help everyone correctly understand trading logic and identify trading traps. After all, only the longer you survive in the market, the more profits you can make in the market. Control risks and profit is king. You can follow the channel at the bottom of the article to understand and obtain detailed trading logic and trading signals in the first time.
BREAK 2360, Gold price adjusted DOWN⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) experienced a significant drop of over 2% on Monday, marking its largest daily decline since June 13, 2022. This decrease was primarily attributed to diminishing concerns about a broader conflict in the Middle East, which led to a reduced demand for traditional safe-haven assets. Additionally, the non-yielding yellow metal was dragged down below $2,300 levels, reaching a two-week low during the Asian session on Tuesday, due to decreased expectations of interest rate cuts by the Federal Reserve (Fed).
As a result of this recent decline, the price of gold has now corrected by more than 5% from its all-time high reached earlier this month. However, it is expected that any further decline in the price will be limited, as there is speculation that major central banks will implement interest rate cuts later this year. In light of this, traders may choose to adopt a more cautious approach and refrain from making aggressive bets, opting instead to wait on the sidelines ahead of this week's significant macroeconomic releases in the United States. These releases will commence with the flash PMIs on Tuesday.
⭐️ Personal comments NOVA:
Gold price dropped sharply, BREAK through the $2360 area, entering a corrective wave around the $2300 area
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2285 - $2283 SL $2278
TP1: $2295
TP2: $2302
TP3: $2310
🔥SELL GOLD zone: $2325 - $2327 SL $2332
TP1: $2315
TP2: $2300
TP3: $2290
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
GOLD: First Idea Turned Out to be in our favour| What next? Dear Traders,
Hope you are doing great, Gold declined from 2417$ mark and dropped significantly 600 pips on first day of the week. This implies that Gold is likely to make major correction before it rebound and continue the bullish trend. For us, we can enter now with accurate risk management and target 2300$ first and then our second target can be at $2280. The second entry is if Gold decide to retrace a bit as in Asian Session then possible area that it may reach up to and reject is 2371$.
Good Luck and Trade Safe
🥇Gold Analysis🥇(➡️RR=2.05)🔨 Gold seems to have managed to break the 🟢 Support zone($2,373-$2,360) 🟢.
📈In terms of Classical Technical Analysis , Gold has formed two Symmetrical Triangle and Rising Wedge Patterns . The lower line of these two patterns is common, and Gold has succeeded in breaking the lower line of the two patterns .
🌊According to the theory of Elliott waves , it seems that Gold has managed to complete wave 5 at $2,431.59 (All-Time High(ATH)) , and we should wait for corrective waves .
🔔I expect Gold to fall at least to the Uptrend line , the Support line , and the next 🟢 Support zone($2,328-$2,303) 🟢.
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XAUUSD
🔴Position: Short
✅Entry Point: $2368.237 (Limit Order)
⛔️Stop Loss: $2385.680
💰Take Profit:
🎯$2332.513👉Risk-To-Reward: 2.05
⚠️Please don't forget to follow capital management.
⚠️Please pay attention to the style of opening the position.
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XAUUSD
🔴Position: Short
✅Entry Point: $2360.121(Limit Order)
⛔️Stop Loss: $2374.320
💰Take Profit:
🎯$2332.513👉Risk-To-Reward: 1.94
⚠️Please don't forget to follow capital management.
⚠️Please pay attention to the style of opening the position.
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Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Don’t chase short gold,the 2325-2320 area will become criticalHello everyone, first of all I would like to introduce myself, I am Caillan. First of all, I want to explain why my nickname is Hawkeye, because Hawkeye symbolizes strength, determination and speed, which means that we can accurately seize trading opportunities in the market,and persistence and courage will bring us profits and value.In fact, I am not a writer. I am a professional trader with 10 years of experience. I am good at short-term real-time trading of gold, oil, currency trading pairs, etc. I have at least 16 hours a day to observe market conditions, so I I will not over-exaggerate my words. Each of my articles will simply record my trading ideas and trading strategies. I also hope that my thoughts and experiences can give everyone some inspiration and thinking to a certain extent.
As far as the gold market is concerned, the short-term structure of gold continues to decline. Even if there are occasional partial rebounds during the decline, the rebound is not strong, so the trend still remains bearish. However, what is relatively cunning about gold is that the current market trend of gold seems to be bottom but not bottom, so it brings a certain degree of difficulty to our transactions.
From my personal point of view, the key to participating in short-term trading is to observe two points. First, the short-term support below is located in the 2325-2320 area. If gold does not fall below this area, you can try to consider going long gold in this area;Secondly, the upper side mainly focuses on the two resistance areas of 2346-2350 and 2358-2362. After gold touches this resistance area, you can consider shorting gold.
I share detailed trading strategies and trading signals every day to help everyone correctly understand trading logic and identify trading traps. After all, only the longer you survive in the market, the more profits you can make in the market. Control risks and profit is king. You can follow the channel at the bottom of the article to understand and obtain detailed trading logic and trading signals in the first time.
XAUUSD: Swing Selling Opportunity 1000+ Pips, What's your views?Dear Traders,
Even after dollar demand increased, the dollar kept its bullish momentum. We now can see Gold dropping and making a major correction possible towards 2280$ and then 2250$. There are two entries to consider. Trade wisely.
For more like and comment.
Bright prospects, gold is set to interrupt outDuring final week`s buying and selling session, global gold at one factor multiplied to 2,402 USD/ounce because of issues approximately war withinside the Middle East. However, a few traders took benefit of promoting to take profits, forcing the gold fee to shut at 2,392 USD/ounce.
World gold charges had been pretty calm on account that Iran's navy assault on Israel withinside the center of final week. Gold fee best skyrocketed to 2,430 USD/ounce for a quick time after which stabilized at 2,390 USD/ounce.
However, in line with many experts, the April non-public intake index (PCE) introduced with the aid of using americaA on the stop of this month can be the issue inflicting gold charges to interrupt the contemporary stability.
Market analyst Everett Millman of Gainesville Coins stated that this month's purchaser index is probably to decline, inflicting americaA Federal Reserve (Fed) to devise to reduce hobby fees sooner. That expectation will assist gold charges surge sharply, probably growing with the aid of using a hundred USD/ounce.
Meanwhile, Asset Management Chairman Adrian Day stated that gold charges will flow sideways withinside the close to future, as latest financial information reviews make the marketplace more and more more assured that americaA Central Bank will keep to keep to keep hobby fees at from 5.25% to 5.5%.
Gold price dropped sharply on the first day of the week--NEWS--
During ultimate week`s buying and selling consultation, global gold at one factor extended to 2,402 USD/ounce because of issues approximately struggle withinside the Middle East. However, a few buyers took benefit of promoting to take profits, forcing the gold charge to shut at 2,392 USD/ounce.
World gold expenses were pretty calm considering the fact that Iran's navy assault on Israel withinside the center of ultimate week. Gold charge most effective skyrocketed to 2,430 USD/ounce for a brief time after which stabilized at 2,390 USD/ounce.
However, in keeping with many experts, the April non-public intake index (PCE) introduced via way of means of americaA on the give up of this month can be the aspect inflicting gold expenses to interrupt the present day stability.
Market analyst Everett Millman of Gainesville Coins stated that this month's customer index is probable to decline, inflicting americaA Federal Reserve (Fed) to plot to reduce hobby quotes sooner. That expectation will assist gold expenses surge sharply, likely growing via way of means of a hundred USD/ounce.
Meanwhile, Asset Management Chairman Adrian Day stated that gold expenses will flow sideways withinside the close to destiny, as latest financial facts reviews make the marketplace more and more more assured that americaA Central Bank will retain to retain to preserve hobby quotes at from five.25% to five.five%.
Another improvement affecting gold expenses withinside the close to destiny is the weakening of the USD. The DXY index closed ultimate week's consultation down 0.five points, right all the way down to 106.1 points, growing the attraction of gold to shoppers conserving different currencies.
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This morning, the Gold Opening Session is displaying symptoms and symptoms of a moderate decrease. In my opinion, Gold`s Main Trend remains up. Because Gold has been fluctuating for a long term lately, I will advise following the fashion at the H4 body today.
>Current Gold Pulse Canh Buy Around 2376>2380
>SL 2372
TP 2388>239x.
If GOLD falls beyond the 2370 place for the duration of latest Asia-Europe session, I will advise it further. Just observe this advice and evaluate the chart to decide the Trend
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Current GOLD If you damage beyond 2070, you may sell. Follow the fashion. At this rate, I see that Gold is having pretty difficult resistance tiers parallel to the strolling price. This plan is a Buy scalp Set the right SL as Recommended. If I actually have any greater information, I will update
XAUUSD Setup | H1 Time FrameXAUUSD Setup | H1 Time Frame
- This Setup indicates as Educational Purposes
- Supports level at 2374.00 - 2360.00 - 2333.8 - 2319.152
- Resistance level at 2397.00 - 2413.00
- Circles Indicate the consolidation area
- Grey Area Shown as Gold will be in that zone
Gold Retest the 2397.00 Area in this case if gold break that point we will further see on 2410-2413 points
Although if it rejects that point we will see them on 2374.00 then probably at ( 2360.00 , 2333.8 , 2319 ) and so on ..
Go long gold first, then consider going short goldDear friends, today due to the expansion and escalation of conflicts in the Middle East, 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 downplayed the tension many times. Gold turned downward and has now given up all its gains, with the lowest falling to around 2372.
The market has experienced ups and downs, and I estimate that many people have been hit hard by this wave of short-term market conditions, because when the market is at its most frenetic, it is also when most traders are least calm. Judging from the current situation, although gold has risen due to 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, and the 2375-2370 area still has certain support in the short term. And the risk aversion in the market still exists, so I think gold still has the conditions to rise.
Therefore, in terms of trading, I will first consider going long gold with 2375-2370 as the support area. When gold rebounds, I will backhand short gold. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.