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Xauusdlong

Still sticking to long gold!Today, gold reached 2638 during the retracement process and then rebounded again, but did not effectively fall below 2640. The gold correction did not fall below 50%, so there is still room for gold to rise again. From the perspective of technical structure, gold has signs of building a head and shoulders bottom pattern at the short-term level. Once gold cannot effectively fall below 2640, it is still possible for gold to rise to the 2670-2680 area. So in terms of short-term trading, if gold falls back to the 2645-2640 area, I will consider adding more money to be long gold.
OANDA:XAUUSDLong
by alongwineer
Gold's low has been confirmed, and the rise will be unstoppableIn yesterday's article, I clearly said that you can buy gold boldly when it falls back to the support area of ​​2642-2630. Although this trend did not come out yesterday, I bought it without hesitation when the gold price fell today, and took profits at 2654. But this does not mean that the gold price has reached its limit. I think as long as the gold price falls back to 2650 later, you can consider buying here, and the high point is definitely not the previous high of 2666. From yesterday's 1H chart, we can see that 2642 is 0.618. Although the gold price hit 2638 today, the real closing line is still around 2642. Therefore, according to the recent three callback trends, as long as it does not effectively fall below the support of 0.618 in the short term, it can be regarded as a bullish trend. At the same time, I think the previous high of 2666 is definitely not a short-term high point. This rise is likely to break through here. The first target above can be seen in the range of 2670-2680. If it can stand at 2680, the gold price is likely to test the 2700 integer mark again. The above is my view on gold today. Recently, my gold trading strategy has maintained a hot state of continuous profit. If you want to copy my trading details, you can contact me
TVC:GOLDLong
by AntonyTP
The GOLD bears are stuckThese circles (on the chart) show where bears are stuck. Such levels have a great inductive element to them. And how they're crossed, whether they hang around for a while or rebounce quickly, gives a good indication of what the market price will do next. Moreover, according to publicly data, the average retail positions level is approximately $2,580. In other words, the market appears to be trending upwards, with average bulls positions already in the positive field
FOREXCOM:XAUUSDLong
by ClashChartsTeam
10.15 XAUUSD Trading strategyGold continues to surge higher. From the technical point of view on the candlestick chart, it is now just at the pressure level of the downward trend line and resistance line of the hourly chart. As long as it is suppressed at 2672 later, it is still possible to drop again. Therefore, in trading, it is recommended to short gold directly at the current price of 2668, with a target of 2655.Because the area of 2655 is the previous intensive trading area, the point of 2655 has a certain support effect, so this wave of decline will most likely come to the point of 2655! XAUUSD Operation Strategy XAUUSD rebounded 2668-2670 line short, stop loss 2676, take profit 2655 line
OANDA:XAUUSDShort
by Falcon-Training-Camp
Gold Bears Secure Profits, Ready To Enter Long Position Today, gold successfully reached our target range of 2644-2637, delivering strong profits for short positions. In trading, clear signals inevitably lead to profitable outcomes. Now that gold has broken above the MA20 and is showing a bullish formation, we will follow the trend and shift towards long positions. Using the MA20 as our reference line, a buy order should be placed around 2652-2646. However, given the current high price near resistance, it's important to manage risk. I recommend setting a stop-loss (SL) around 2632, but adjust according to your individual account management strategy.
FOREXCOM:XAUUSDLong
by MichaeliaDefoe
XAUUSD: The risk of shorting is less than that of going long After finding support around 2638, gold has rebounded and is now approaching the critical resistance zone at 2663-2668. If prices linger here without breaking through, it could weaken the bullish momentum. From a trading perspective, the risk of going long at the current price outweighs that of shorting. For those entering long positions, caution is advised—avoid overextending and close positions promptly if the previous high isn’t breached. As for shorts, the risk is manageable; smaller initial positions can be opened, with the option to add more if prices rise. In the medium term, I believe a break below 2600 is inevitable.
OANDA:XAUUSDShort
by Mia-Signal
Gold is in the bullish direction after correcting the supportHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
FX:XAUUSDLong
by ForexMasters2000
1
Gold : A Prime Opportunity for Short Positions Today, gold remains under significant pressure within the 2660-2668 range, with the resistance around the 20-day moving average (MA20) proving to be a formidable barrier. The bearish momentum is clearly in control, presenting a prime opportunity for short trades. The recommended strategy is to focus on selling near the MA20 resistance level, targeting the 2645-2637 range. This approach leverages the technical weakness, as the market favors a downward move in the near term.
FOREXCOM:XAUUSDShort
by MichaeliaDefoe
XAUUSD: Mainly short trading, target 2637-2629 During tomorrow's Asian trading session, the primary range is expected to be between 2654 -2644. There is significant resistance around the 2654 level, and if this resistance holds, the market should favor short positions. Support is seen near 2643, and if this level breaks, the next target range would shift to 2637-2629. The market's inability to push through resistance at 2658 reinforces a bearish outlook in the near term.
OANDA:XAUUSDShort
by Mia-Signal
Gold's upward trend is confirmed, buy boldly on pullbacksLast Friday, gold continued to rise, reaching a high of 2661, as the US PPI data showed that the inflation outlook was still favorable to support the Fed's expectations of a rate cut next month. From the daily chart, we can see that the gold price has now stabilized above the daily average line, and the bullish trend has continued. In the short term, as long as the gold price pulls back to the support area, it is an opportunity to buy. Now it depends on where the gold price will start to rise. From the 1H chart, the nearest support below is around 2642, which is the 0.618 position of the Fibonacci retracement of this rise, and the second is around 2630. In today's Asian and European trading period, the gold price pulled back to 2643 and started to rise, which has verified the support strength of the 0.618 position. Therefore, if there is no accident today, as long as it pulls back here, you can buy boldly. My personal short position sold at 2653 last Friday has been closed with profit when it fell to 2645. Now I am waiting for the pullback to trade long positions.
TVC:GOLDLong
by AntonyTP
10.14 XAUUSD Trading StrategyXAUUSD has just started to rise as scheduled this week. First harvest a wave of investors who shorted last week. This week is a popular start. XAUUSD still has momentum in the short-term rise, the golden hourly moving average continues to rise, and the gold bulls still have momentum, and the decline continues to go long. After all, the current international political situation still supports gold to have the motivation to rise! However, from the technical perspective, XAUUSD has become a box trend. Judging from the current market trend, we pay attention to the short-term support level of the first line of 2635-40 below, and the first line of 2665-70 above. Breaking through this position is expected to continue to win the high position, and even hit the threshold position of the first line of 2700, so in operation, we need to follow the trend closely and don't chase orders at will! XAUUSD operation strategy 1. XAUUSD bounces back to the first line of 2665-2670, the stop loss is 2676, and the target is 2635-2640 2. XAUUSD retraces the first line of 2640-45 and does not break the long line, the stop loss is 2633, and the target is 2660-65
OANDA:XAUUSDShort
by Falcon-Training-Camp
XAU on the rebound - stable above 2600 this week ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) surged over 1% on Friday, closing near the weekly high after the US Producer Price Index (PPI) indicated a positive inflation outlook, reinforcing expectations of future rate cuts by the Federal Reserve (Fed). Additionally, ongoing geopolitical tensions in the Middle East bolstered safe-haven demand, further supporting gold's rise. However, with investors no longer anticipating a large Fed rate cut in November, US Treasury yields remain high, and the US Dollar stays near its mid-August peak. Furthermore, optimism around China's plan to increase debt to boost its economy adds some pressure on gold during Monday's Asian session. ⭐️Personal comments NOVA: Gold price this week continues its upward trend - remaining stable above the 2600 mark. Sideway doesn't have much important news this week ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2629 - $2627 SL $2622 TP1: $2635 TP2: $2642 TP3: $2650 Pay attention to the potential support zone today: 2635 🔥SELL GOLD zone: $2669 - $2671 SL $2676 TP1: $2660 TP2: $2650 TP3: $2640 ⭐️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:Trading around 2638-2663 during the day Following its drop to the 2600 level, gold has found solid support and rebounded strongly, driven by escalating geopolitical tensions. Prices are now trading back above the 2650 mark. In the short term, attention should be focused on the 2643-2638 support zone. On the upside, key resistance remains near the recent highs, particularly around 2658. This week's daily close (1D) will be pivotal. Should we continue to see bearish candles without a break above the previous highs, a significant downturn is likely next week or in early next month. This correction is expected to extend over several weeks, shifting from intraday moves to more sustained declines. We must also closely monitor the global political landscape. If tensions escalate further, there is a strong possibility of gold breaching the 2700 level. However, if conditions stabilize, we can anticipate a drop below 2550 within the next month.
OANDA:XAUUSD
by Mia-Signal
DOW Theory ! XAU ! 10/14 uptrendXAU / USD trend forecast October 14, 2024 Gold price (XAU/USD) rises for the third consecutive day on Monday, reaching over $2,667, a one-week high in early European trading. Expectations of further Federal Reserve rate cuts due to a favorable inflation outlook drive demand for the non-yielding metal. Additionally, growing geopolitical tensions in the Middle East provide extra support for the safe-haven asset. Gold price M30 frame shows signs of breaking DOW uptrend - waiting for old peak resistance zone 2685 /// SELL XAU : zone 2683-2686 SL: 2691 TP: 50 - 100 - 300 pips (2656) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
1
Will a XAUUSD reach $2,700?In the 4-hour time frame, the ounce was able to close the indusment and can still collect liquidity in the $2,650-$2,700 area. We have two scenarios that I drew for you. Scenario 1 is that it collects liquidity above the ceiling of the four-hour timeframe and then declines. Of course, it is not necessary to collect all the liquidity and it can be reduced sooner. In scenario 2, after collecting the liquidity, it can close the 4-hour timeframe ceiling and continue its ascent after that.
OANDA:XAUUSDLong
by mhbaniasadi
Gold sideways - large range 2605 - 2682! next week ✍️ NOVA hello everyone, Let's comment on gold price next week from 10/14 - 10/18/2024 🔥 World situation: Gold surged over 1% on Friday, with the metal on track to close the week with a modest 0.20% gain, following inflation data and Thursday's Consumer Price Index (CPI) report, which slowed the US Dollar’s advance. Currently, XAU/USD is trading at $2,658. Mixed economic data supported gold's rise. The US Bureau of Labor Statistics (BLS) reported producer prices close to expectations, signaling inflation is declining but still above forecasts. Meanwhile, the University of Michigan's October Consumer Sentiment showed a decline, reflecting concerns about higher living costs. 🔥 Identify: After gold broke the H1 downtrend, there was a recovery above 2650. Still in the long-term H4 uptrend. However, there is a high possibility that it will still move sideways to accumulate more in October (price range 2605-2682). 🔥 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: $2682, $2700, $2710 Support : $2629, $2605, $2575 🔥 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
XAU/USD longs from 2,620.000 back up The outlook for Gold looks promising as we are now aligned with the pro trend. I’ve observed a clear character change to the upside, along with accumulation on the higher time frame, signaling that price is ready for a potential rally. Currently, I’ll be waiting for price to retrace slightly, sweeping the untouched Asia low and tapping into my marked demand zone. At this level, I’ll be looking for confirmation on the lower time frames before targeting the trendline liquidity, particularly near the all-time highs (ATHs). Confluences for Gold Buys: - Market Structure: Both higher and lower time frames are strongly bullish. - Wyckoff Accumulation: Price has formed a Wyckoff accumulation pattern on the higher time frame, indicating a trend shift. - CHOCH: A change of character (CHOCH) has occurred on the 4-hour chart, confirming a directional shift. - Liquidity: Significant upside liquidity in the form of trendline liquidity, with ATHs in view. - Key Demand Zone: A strong daily demand zone caused the structure shift, making it my primary point of interest (POI) for the week. P.S. If this demand zone fails, I’ll be looking for a potential long setup forming around the 10-hour demand zone. New ATHs possible?
OANDA:XAUUSDLong
by Hassan_fx
9