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Xauusdshort

New ATH XAU above 2630 next week✍️ NOVA hello everyone, Let's comment on gold price next week from 9/23 - 9/27/2024 🔥 World situation: Gold prices surged past $2,600 to a new record high, fueled by expectations of further rate cuts from the Federal Reserve (Fed) and rising tensions between Israel and Hezbollah. XAU/USD is trading at $2,621, up 1.37%. Risk aversion is evident as Wall Street's major indices posted slight losses. Fed Governor Christopher Waller supported a 50-basis-point rate cut, expecting low August PCE inflation data. 🔥 Identify: FOMO to create new ATH for XAU is still very large - continue to expect higher price zones next week, before the market corrects again. New ATH target: 2643-2665 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $2638, $2650, 2665 Support : $2584, $2558, 2529 🔥 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:XAUUSDShort
by Nova-Scalper
1
EURUSD week 39 analysis🌐Fundamental Analysis EUR/USD faced selling pressure above 1.1150 during North American trading hours on Friday. The major currency pair fell as the US dollar (USD) recovered. The US Dollar Index (DXY), which measures the greenback's value against six major currencies, rebounded sharply to near 101.00 However, the overall outlook for the US dollar remains uncertain, following the Fed's aggressive rate cut and growing market expectations that the US central bank will continue its aggressive policy easing cycle. The Fed cut interest rates by 50 basis points (bps) as policymakers appeared to focus on restoring strength in the labour market as inflation eases to the bank's 2% target. In terms of interest rate guidance, Fed policymakers see the federal funds rate heading towards 4.4% by year-end, according to the latest dot plot. However, traders expect a further 75 bps cut to 4.00%-4.25%, according to the CME FedWatch tool. 🕯Technical Analysis The EURUSD uptrend has seen some minor corrections but the buying pressure remains strong, so the immediate price range the pair faces next week is around 1.222 and 1.112. The highest measured Fibonacci extension of 1.618 will be around 1.126 and a retracement of the strategic support zone of 1.108 will keep the pair from a long slide. 📈📉Trading Signals SELL EURUSD zone 1.126-1.128 Stoploss 1.130 BUY EURUSD zone 1.112-1.110 Stoploss 1.108
by TVS-Trader
2
COT Strategy - Gold ShortDISCLAIMER: This is not trade advice. This is for educational purposes only to demonstrate how I am looking to participate in this market. There is significant risk involved in trading, do your own homework and due diligence. COT Strategy SHORT Gold (GC) My COT strategy has me on alert for short trades in GC if we get a confirmed bearish change of trend on the Daily timeframe. COT Commercial Index: Sell Signal Valuation: Overvalued vs Treasuries Extreme Positioning: Commercials most short they have been in last 3 years = bearish. Only thing that would be better is SS's making an extreme in long positioning, but no luck with that yet (but something I'm watching). OI Analysis: OI has been increasing on up move since June. When OI increases, we need to ask "who caused the OI increase"? When it is caused by Large Specs & Small Specs, it is bearish. In the case of Gold, it is being caused by LS & SS's, which is bearish. Spread: Bearishly diverging. ADX: Diverging, implying the trend lacks integrity. Supplementary Indicators: Acc/Dis , %R, Stochastic & Momentum (not yet triggered) Remember, this is not a "Short Now" idea. These indicators are not timing tools. They simply tell us that this market could have a move of some significance to the downside, which we will participate in with a confirmed Daily trend change to the downside. Good luck & good trading.
COMEX:GCZ2024Short
by Tradius_Trades
I'm sorry, I have been short againBros, you all know that I shorted gold some time ago. Although I was stuck for a few days, gold still gave me a chance to close the position near 2553, and finally closed the position with a profit of $90K. At present, gold has risen above 2620 again. I think there should be many brothers chasing gold. I am sorry, I started shorting gold again and plan to hold it in the medium term. Bros, I calculated in advance that if gold can fall to 2575, I can make more than $50K in profit. If gold unexpectedly falls to 2550, there will be another huge profit! I am looking forward to such a result! Bros, let's wait and see!
OANDA:XAUUSDShort
by alongwineer
3
Bearish - weekend correction after reaching ATH $2600⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) gained for the second consecutive day on Friday, approaching the record high reached after the Federal Reserve's significant interest rate cut earlier this week. The Fed also hinted at more cuts, weakening the US Dollar and supporting gold. Concerns about economic slowdowns in the US and China, along with geopolitical tensions in the Middle East, further boost gold’s appeal. However, the global stock market rally limits strong gains for the safe-haven metal, keeping upward momentum in check during the Asian session. ⭐️ Personal comments NOVA: Gold price reached ATH this week: 2600, In the context of many concerns about the impending economic recession - the psychology of waiting will cause gold prices to quickly adjust downwards. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2580 - $2578 SL $2573 TP1: $2588 TP2: $2595 TP3: $2603 🔥BUY GOLD zone: $2567 - $2565 SL $2560 TP1: $2573 TP2: $2580 TP3: $2590 🔥SELL GOLD zone: $2613 - $2615 SL $2620 TP1: $2600 TP2: $2585 TP3: $2560 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
11
XAUUSD: As long as it doesn’t break 2600, boldly sellYesterday's gold market was really frightening. First, the Federal Reserve announced an interest rate of 50 basis points, which was higher than market expectations. The price of gold rose from 2567 to 2600, setting a new historical high again. Then Powell's speech showed hesitation and uncertainty, and pointed out that the Fed was not in a hurry to cut interest rates. It would proceed at a suitable pace or slow during the interest rate cut cycle. This dovish speech led to a decline in investors' attractiveness to gold. The gold price plummeted from 2600 by $50 and stabilized the decline in the 2550-2560 range. However, since the 50 basis point interest rate cut is already on the table, the Federal Reserve has launched a monetary easing policy and the first rate cut is larger than before. This makes the market believe that there may be another 50-100 basis point interest rate cut before the end of this year. Therefore, gold is now back again The high area of 2590. Although there is still the possibility of interest rate cuts before the end of the year, I think that is a long-term problem, and for us who are short-term traders, it is not the focus of attention. From the market point of view, after yesterday's sharp decline that started at 2600, the shape of gold has changed, and it is in line with the short-term peak signal. Therefore, my view on the current gold is that it is bearish in the short term and bullish in the long term. Trading strategy: Now the gold price has reached the high range of 2600-2590. As long as it does not set a new high again, you can boldly sell here
OANDA:XAUUSDShort
by AntonyTP
11
Gold Roadmap!!!After the announcement of the US Federal Funds Rate (The Federal Reserve lowered the US Federal Funds Rate by 0.5% to 5.00%.), Gold started to rise again after the bear trap from the Support zone($2,574-$2,560) . Gold is currently moving near the Potential Reversal Zone(PRZ) and Resistance lines . According to Elliott wave theory , Gold is completing microwave 5 of main wave 5 , which can be completed in the Potential Reversal Zone(PRZ) . Also, Regular Divergence (RD-) between Consecutive Peaks . I expect Gold to start falling from the Potential Reversal Zone(PRZ) , and the first target would be to break the Uptrend line and the Support zone($2,574-$2,560) . 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.
OANDA:XAUUSDShort
by pejman_zwin
10
XAUUSD M30 ANALYSIS | LOOKING FOR SELL MEAL!Hi, everyone! I hope you’re all doing great and geared up for today’s trading prospects. I’m eager to share my insights on XAUUSD and explore a potential setup that I believe could be quite beneficial for us. Looking at the current market conditions, it’s evident that XAUUSD has recently tapped into all buy-side liquidity. This movement hints at a possible change in market sentiment and suggests the emergence of bearish momentum. With that in mind, I’m contemplating a short position on XAUUSD, targeting an entry point at 2600. Here’s my thorough analysis: Market Overview: The recent price action indicates that buyers may have reached their limit. With liquidity being exhausted, we could see sellers take charge, driving prices down. Historical trends and current patterns align with this bearish perspective, making it a prime opportunity to leverage potential declines. Target Levels: For this trade, I’ve set my first target at 2685, with aspirations for further movement down to around 2675. These levels have previously demonstrated significant support, and I believe they will be pivotal during this trading session. Risk Management: To safeguard our investment, I’ll be placing a stop loss at 2608. This provides a comfortable 80-pip cushion, allowing for some market fluctuations while protecting our capital. It’s crucial to implement a solid risk management strategy, especially in the dynamic environment of XAUUSD. Trade Execution: I encourage each of you to evaluate this setup according to your own strategies and risk tolerance. Ensure that your trade aligns with your overall trading plan. If you’re considering this trade, I recommend staying alert for confirmation signals before making your move. Community Interaction: I want to take a moment to thank you all for the amazing support and engagement you’ve shown towards my ideas. Your feedback inspires me and enhances our community. If you have insights, alternative viewpoints, or questions about this setup—or anything else—please share in the comments! I’m excited to discuss and learn from all of you. Looking Ahead: As we navigate today’s trading session, let’s stay focused and flexible. Markets can shift quickly, and being prepared to adjust our strategies is essential for success. Remember, trading isn’t just about profits; it’s also about continuous learning and growth as traders. Thank you all once again for being such a fantastic community! Together, let’s seize today’s trading opportunities. Here’s to a successful day ahead—let’s go for those profits! 🚀💰✨ Happy trading, everyone!
CAPITALCOM:GOLDShort
by HouseofProfit
2
XAUUSD - Gold 1HRSimple Trading - Expanding Wedge pattern Gold has broken above the expanding wedge and is now pushing for its target (2615). Expect gold to continue to the previous High (2600) and make a higher high. If the Expanding Wedge pattern plays out correctly, 2615 should be the next target. Keep in mind that there is strong resistance at the 2600 price level. Expect another fakeout. The previous week's high (PWH) is acting as support. If two or more Bearish candles close below the PWH/support... this could indicate sell pressure. *These are just my thoughts, not financial advice.
EIGHTCAP:XAUUSDLong
by nikdobii
Gold: Calm Market Expected: Focus on Short Positions Yesterday's trades were very successful. I bought at 2552 and closed at 2578, then sold at 2588 and closed at 2572, resulting in solid profits. It's Friday, and with no significant news scheduled for release—aside from uncontrollable events like natural disasters—the market should remain calm today. A $20 range would already be considerable movement. An upward move is unlikely. On a day like this, relying purely on technical patterns, a breakout above 2600 is a pipe dream. Instead, the probability of dropping to 2572 is much higher. So, the strategy for today is to focus on selling. There's no need to consider bullish trades.
FOREXCOM:XAUUSDShort
by MichaeliaDefoe
1
XAUUSDXAUUSD . Potential short opportunity. Our idea remains the same as yesterday however we are posting an adaptive analysis. The price on XAUUSD has made a new ATH (All Time High) we are due for a pullback (at least 50%). Our new key levels are sitting at 2600, 2560, 2545, 2530. Our entry is at 2589. We are expecting the price to drop down to our Key Levels (KL). Every break of the new KL will result in deeper pullback . Stops are set at yesterday’s high. We must keep in mind that gold is still overall bullish and even if we see our KL4 (2530) we would still expect the price to go up from there. Overall still bullish on XAUUSD . PARAMETERS - Entry: 2589 - SL: 2600 - TP1: 2560 - TP2: 2545 - TP3: 2530 KEY NOTES - Possible double top on XAUUSD. - Break of KL2 could result in deeper pullbacks (KL2 -> KL3). - Break of yesterday’s low could result in deeper pullbacks (KL3 -> KL4). - Stop is set at the previous days high. Happy trading! FxPocket
OANDA:XAUUSDShort
by FxPocket
XAUUSD ANOTHER SETUP IN M30 IS READY | BEAR IN CONTROLHello, everyone! I hope you’re all doing well and ready to dive into today’s trading opportunities. I’m excited to share my analysis on XAUUSD and discuss a potential setup that I believe could be quite rewarding for us. As we assess the current market landscape, it’s clear that xauusd has recently grabbed all buy-side liquidity. This movement indicates a potential shift in market sentiment and opens the door to bearish momentum. With this in mind, I’m considering a short position on xauusd, with my entry point at 2575. Here’s my detailed outlook: Market Analysis: The price action we’ve seen suggests that buyers have exhausted their strength. With liquidity being tapped out, we’re now likely to see sellers take control, pushing prices lower. Historical patterns and current trends support this bearish outlook, making it an opportune moment to capitalize on potential downward movement. Target Levels: For this trade, my first target is set at 2562, and I’m aiming for further downside to around 2548. These levels have shown significant support in the past, and I anticipate they will be crucial in this trading session. Risk Management: To protect our investment, I’m implementing a stop loss at 2595. This provides us with a comfortable buffer, allowing for some market fluctuation while safeguarding our capital. It’s essential to have a clear risk management strategy in place, especially in volatile markets like xauusd. Trade Execution: I encourage everyone to analyze this setup based on your own strategies and risk tolerance. Always ensure that your trade aligns with your overall trading plan. If you’re considering this trade, I recommend staying vigilant and watching for confirmation signals before entering. Community Engagement: I want to take a moment to express my heartfelt gratitude for the incredible support and engagement you’ve shown for my ideas. Your feedback not only motivates me but also enriches our community. If you have insights, alternative perspectives, or questions about this setup—or if there’s anything else on your mind—please share in the comments! I’m eager to discuss and learn from all of you. Looking Ahead: As we navigate today’s trading session, let’s remain focused and adaptable. The markets can change rapidly, and being prepared to adjust our strategies is key to success. Remember, trading is not just about making profits; it’s also about continuous learning and growth as traders. Thank you all once again for being such a fantastic community! Together, let’s make the most of today’s trading opportunities. Here’s to a successful day ahead—let’s aim for those profits! 🚀💰✨ Happy trading, everyone!
CAPITALCOM:GOLDShort
by HouseofProfit
#XAUUSD 1DAYXAU/USD Daily Analysis: Sell Opportunity Market Overview: The XAU/USD pair is presenting a notable sell opportunity at the $2,600 level. As gold prices approach this resistance point, several technical indicators suggest a potential downward move, making this an ideal entry for short positions. Technical Analysis: 1Resistance Level: The $2,600 mark has historically proven to be a significant resistance zone, with recent attempts to breach it resulting in price reversals. 2.Moving Averages:The price is currently below the 50-day moving average, which is trending downward, indicating bearish momentum in the market. 3.Momentum Indicators: The Relative Strength Index (RSI) shows overbought conditions, suggesting that upward pressure may be waning, further supporting a potential decline. Market Sentiment: The broader market sentiment is leaning bearish for gold, driven by factors such as rising interest rates and a strengthening US dollar. These conditions typically exert downward pressure on precious metals. Strategy: Sell Level: Enter short positions at $2,600. Target Levels: Primary target at $2,550, where significant support has been previously identified. Secondary target at $2,450, aligning with lower support zones and providing an opportunity for further gains if momentum continues. Stop-Loss: Implement a stop-loss order above $2,620 to protect against adverse price movements. Conclusion: With strong resistance at $2,600, bearish technical signals, and unfavorable market sentiment, the XAU/USD pair presents a compelling sell opportunity. Traders should closely monitor price action and adjust their strategies as needed to maximize potential returns.
FX:XAUUSDShort
by PIPSFIGHTER