Get started

Xauusdsell

Profited $18K, Fed rate decision, continue to short gold!Although gold rose beyond expectations and broke through 2335 today under the stimulus of CPI data, we still won a big victory in the short position! We added short positions near 2332 and 2338 respectively. Gold fell back quickly after touching 2341, and we closed the position manually near 2325; then when gold rebounded to 2330, we shorted gold again and closed the position manually again near 2323. Obviously, I made more than $18K in profit from today's short trade. Very considerable income! The Fed's interest rate decision and Powell's speech later may exacerbate the short-term volatility of gold. Of course, this is also an opportunity for us to participate in transactions and make profits. In fact, for now, judging from the recent US economic data, I think the Fed does not have the conditions to cut interest rates immediately, so it is very likely to postpone the rate cut, thereby suppressing gold; and Powell's speech is likely to express an optimistic attitude, thereby supporting the rise of gold, so in the next period of time, gold may fluctuate violently back and forth! From a technical perspective, I think gold is likely to hit the 2350-2355 area during the violent fluctuations. If gold breaks through this area strongly, it may even reach around 2370. So after closing the short position to make a profit, I have not participated in short trading again. But even if I am bullish on gold now, I will not chase the rise of gold. I may even try to short gold in small batches in the 2350-2355 area. If it breaks through this area strongly, I will choose the opportunity to short gold again in batches around 2370. 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
recovery to the DOWN trend ! retest XAU ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) fell during the Asian session on Tuesday due to a fresh supply. This decline comes after a slight recovery from a one-month low caused by positive US jobs data. The decrease in bets for an interest rate cut by the Federal Reserve (Fed) in September has kept US Treasury bond yields high, strengthening the US Dollar (USD) and reducing demand for gold. Additionally, the People's Bank of China (PBoC) has significantly decreased its gold buying activities in May, ending a year-long buying spree. Despite this, political uncertainty in Europe and geopolitical risks could prevent further losses. Traders are advised to monitor the release of the latest US consumer inflation figures and the FOMC decision on Wednesday. ⭐️ Personal comments NOVA: Short-term recovery at the beginning of the week - retesting the resistance zone. Sideway waiting for important FOMC information ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2270 - $2268 SL $2263 TP1: $2278 TP2: $2284 TP3: $2292 🔥SELL GOLD zone: $2320 - $2322 SL $2325 scalping TP1: $2315 TP2: $2308 TP3: $2300 🔥SELL GOLD zone: $2338 - $2340 SL $2345 TP1: $2330 TP2: $2320 TP3: $2310 ⭐️ 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
6
Continue to short gold after the reboundToday, gold still maintains the overall shock structure. In the short term, gold is in a weak rebound stage, but the rebound strength is relatively poor. Gold touched 2314 overnight and then fell again, and once fell below 2300 during the decline. From this point of view, the strength and space of gold's rise in the short term are limited, so in the past two days of trading, I have tried my best to avoid chasing gold. On the other hand, although gold has not made any actual breakthroughs in the short-term decline, and there are signs of a rebound in the short term, it seems to give bulls hope, but I think this hope is likely to turn into disappointment. First, it is difficult for gold to surpass 2320 in the short term, and second, gold will still fall below 2300 during the decline. From the above two points, it seems that gold bulls are not very firm and may fall again and continue at any time. Therefore, in today's trading, I will still insist on shorting gold after it rebounds. First, pay attention to the short-term 2310-2315 resistance area on the upside; during the period of gold's volatility, first pay attention to the support of the 2295-2290 area below. 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
Gold 2305 short In view of the large negative line closing last Friday, there is still room for decline in the short term, and the overall trend is still biased towards the bears. What is needed now is to wait for the bulls to pull back and then continue to fall. The key short-selling position above is maintained at 2303-05, which is basically equivalent to the first low point of the previous retracement and the quarterly line position of the daily line. The first target below will also be maintained around 80-70. If you agree with my point of view, remember to pay attention, and leave a message if you have any questions
OANDA:XAUUSDShort
by Signalking
Profited $9K, short gold again!Today, gold maintained a volatile correction. Although the fluctuation was not large, we still made relatively good profits in both long and short transactions. First, we bought gold near 2292 and set TP: 2300; obviously, gold successfully hit our target during the rebound; then we sold gold in batches near 2301 and 2308. When gold fell back to around 2302, we chose to close the position manually, and we made good profits overall. So far, I have made a total profit of 9K, which is a good result for today's market! At present, gold is in a stage of shock repair. Although it has rebounded in the short term and re-standing above 2300, it has not made effective progress and has not even effectively broken through the short-term resistance area of ​​2310-2315. Therefore, gold is only rebounding, not reversing. Therefore, we should not be too bullish on gold for now. According to the current market conditions, it is obvious that the short-term support of gold is in the 2300-2295 area, followed by the 2285-2280 area, and the upper short-term resistance is in the 2310-2315 area, followed by the 2330-2335 area. So we can perform high-sell and low-buy operations in the support and resistance areas! 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
1
XAUUSD:Short, medium-term target 2306-2294 After yesterday's rise, the divergence of the gold indicator has been repaired. Today, it fell again and is currently near the small-level support. There is a rebound demand, and the resistance is near 2340. In the big trend, the shorts have more advantages. 2368 is still a strong resistance. Before that, 2352-2363 is an important resistance. In terms of overall large-scale transactions, 2306-2294 can be used as a medium-term target. If you have any questions, feel free to leave me a message. Have a good day and good luck to everyone!
FOREXCOM:XAUUSDShort
by Allen_Ex
Go long first, then short gold!Today is the first trading day after gold fell $100 in a single day. After the sharp drop on Friday, the bearish atmosphere of gold is quite strong. Today, gold rebounded after reaching the position of 2287, and encountered resistance near the position of 2298 several times. Relatively speaking, the rebound strength is weak. In general, gold is consolidating at a low level and is in a volatile repair market. Due to the excessive decline on Friday and the large space, the decline may continue in the short term, but the space is obviously not large. The short-term support of the 2285-2280 area below is still strong. Many people in the market have set their sights on the 2260 area, but I think that at least today, the decline will not continue to this area. So in today's trading, I actually tend to go long gold on dips, because the current price is already low. Only when it rebounds to a higher or effective resistance level will I consider going short to gain retracement profits. 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:XAUUSDLong
by alongwineer
XAUUSD:Entering the medium-term bearish range Gold successfully touched the resistance near 2368-2373 today. The current small level is retesting the support range of 2363-2352. There should be another rebound at that time. The resistance area to focus on first is still 2368-2373, followed by 2378-2383. The bullish target has been achieved, and the next focus will be the bearish target area of 2306-2294. The trading space is relatively large. If your account does not have sufficient funds to resist risks, it is recommended to focus on small-band trading, reduce the frequency of transactions, and only trade at key positions. This will reduce risks and increase the probability of profit. In addition, today is Thursday again, and the initial jobless claims data will be released during the US trading hours. Given the recent large fluctuations, I believe that the amplitude space during the data release will not be less than 20$. Big profits also mean big risks. When trading, remember to put risk management first and try to ensure that the transaction is carried out without the risk of being blown. If you need real-time signals, you can leave me a message. Have a good day and good luck to everyone.
FOREXCOM:XAUUSDShort
by Allen_Ex
Gold Spot (XAU/USD) AnalysisThe chart provided is of Gold Spot (XAU/USD) against the US Dollar, in a 4-hour timeframe. Here’s a detailed analysis and summary: 1. Trend Analysis: - The overall trend from early March to mid-May was upward, with gold prices rising steadily. - Recently, there has been significant volatility, with noticeable peaks and troughs indicating a correction or consolidation phase after the upward trend. 2. Support and Resistance Levels: - Resistance: The recent high is around 2387.313. - Support: Multiple levels including: - 2304.029 (61.8% Fibonacci retracement level). - 2281.389 (78.6% Fibonacci retracement level). - 2252.548 (Key horizontal support level). 3. Fibonacci Retracement Levels: - The chart shows Fibonacci retracement levels calculated from the recent high to the recent low. - 50% level at 2319.931. - 61.8% level at 2304.029. - 78.6% level at 2281.389. 4. Chart Patterns: - The dotted lines indicate A possible ascending channel, suggesting that the price has been moving within an upward-sloping range. - Recent price action shows a breakdown from this channel, indicating potential bearish pressure. 5. Current Price Action: - The price has dropped sharply and is currently around 2306.890. - It is approaching the 61.8% Fibonacci retracement level, which might act as immediate support. - If this level breaks, the next significant support is around 2281.389 (78.6% retracement). 6. Moving Averages and Indicators: - The chart does not explicitly show moving averages or other indicators, but the trend lines and Fibonacci levels provide key insights. Summary: The chart of the Gold Spot against the US Dollar shows an overall uptrend that is currently facing a correction or consolidation phase. Key support levels to watch are around the 61.8% Fibonacci retracement level at 2304.029 and the 78.6% retracement level at 2281.389. It might resume its upward trend if the price stabilizes above these levels. However, a break below these supports could indicate further downside risk, with the next major support at 2252.548.
OANDA:XAUUSDShort
by The90sTraderOfficial
Gold Analysis=>Long and Short PositionGold seems to have succeeded in breaking the Resistance zone($2,373-$2,353) . According to the Elliott wave theory , Gold still needs to increase to complete its 5-wave uptrend. I expect Gold to start rising again after the pullback to the resistance zone and go up to Potential Reversal Zone(PRZ) . Gold Analyze ( XAUUSD ), 15-minute 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
OANDA:XAUUSDLong
by pejman_zwin
5
US Nonfarm will be an important factor affecting USD and goldGold This morning I noticed a robust boom, so 2380 then fell returned to 2370. With the Plan and Price Model running, the principle fashion is that Gold can nevertheless boom withinside the lengthy term. If everyone follows the D1 Frame or the Weekly Frame, you may truly see the trendline. The following height is better than the antique height and the subsequent backside is better than the antique backside. >Current Price Frame I will purchase GOLD round 2364>2368 SL 2361 TP 2376>239x This morning`s Asian session, please confer with this fee variety for trading. If there are developments, I will replace extra later ❤️❤️
OANDA:XAUUSD
by TheLeader_WOLF
Gold rebound does not continue, continue to short goldBecause the ADP data was lower than expected, suggesting that the US labor market is cooling, the possibility of the Federal Reserve cutting interest rates has increased, which has put downward pressure on US Treasury yields. Combined with the geopolitical tensions caused by the ongoing conflict in the Middle East, it continues to be a driving force for gold prices to avoid risks, and gold unexpectedly rose to around 2375. Despite these factors stimulating the rise of gold, as the market waits for the NFP report on Friday, the upside space for gold is still limited. At present, gold has stopped at around 2375 and has not continued to rise above 2380. So for the trend of gold, I think gold will continue to fall. First, the intraday Asian session continued to rise and hit 2375. From 2315 to 2375, it has risen by as much as $60. The entire rise process is too fast and too hasty, which is inconsistent with the bottoming rebound and slow-paced rise pattern. However, the overly fast and hasty rise will only consume the rising momentum too quickly, and the continuity is very poor; Secondly, the time rhythm is wrong. A real upward pattern, under normal circumstances, will be a certain correction in the Asian session of the next trading day after the strength at the end of the previous trading day. No matter it is a retracement or sideways trading, a correction action is needed. The London trading session is moving higher, so that there will be strength and better continuity. There is a lack of correction in the Asian session and it rises directly, which makes it seem like the bulls have some false breakthroughs. Therefore, I still see gold continuing to fall, and I am still holding the short position added near 2372. Now gold has fallen back to around 2360. The lowest has even fallen below 2360. Gold should still have room to fall. Let's look forward to it together! 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
XAUUSD - Completely breaking the accumulation side of the SellerJust this morning, GOLD`s fee expanded via way of means of almost 20%, breaking the whole accumulation facet of the Sellers. Currently, as I see it, GOLD's subsequent response factor will maximum possibly react across the 238x Zone. As I additionally in reality advised all and sundry at the start of the week once I commented that so long as GOLD has a destroy thru 231x or 236x, it will likely be smooth to decide the Trend and New Trading Zone. >As for today, I will nonetheless preserve the factor of view of purchasing GOLD to the 238x place after which perhaps going again to the 24xx place. >Because Gold is likewise growing strongly and there are response rhythms with RSI being too Buy. So Absolutely there may be But the charge will lower slightly. Everyone ought to watch for GOLD to have a clean RSI destroy factor earlier than going to Sell >Today's Plan Canh Buy 2366>2370 SL 2364 TP 2378>238x >Sell Gold on Zone 238x Wait for the marketplace response with RSI too Buy and Sell at 3>five prices. Now at the 1st day, all and sundry simply move again to the competition and trade ❤️❤️
OANDA:XAUUSDLong
by TheLeader_WOLF
Don’t be fooled by the rise in gold, boldly short gold!Today's gold prices are more and more obvious, but yesterday's retracement trend and today's repeated failure to pull up, the trend is still obviously weak, and the short trend of gold is relatively obvious. Although today's ADP data is bullish for gold, gold did not rise immediately after the data was released, but swept back and forth, so the power of gold bulls is not obvious. Now the short-term rise of gold has obvious signs of inducing more buying. Moreover, gold is not resolute in the process of rebounding and rising, and it still faces resistance in the 2345-2350 area in the short term. So don't be confused by the rebound of gold. On the contrary, now is a good opportunity to short gold. In addition, before the arrival of NFP on Friday, it is difficult for gold to have a unilateral market. It is expected that gold will still maintain a volatile trend to accumulate strength for the NFP market on Friday. So now we can still rely on the resistance of the 2345-2350 area to boldly short gold!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
1
Gold fluctuates in a narrow range, with pressure at 2337-2340 The market is in a period of volatility and hesitation, and the MACD indicator is also flat, which can be understood as paving the way for Friday's data. It is still uncertain whether the data is good or bad for gold. Friends who currently hold 20, 25-30 long positions can consider taking profits at 2337-2340, which is today's pressure level; if they cannot break through, short and look at around 2024 If you agree with my point of view, remember to pay attention, and leave a message if you have any questions
OANDA:XAUUSDLong
by Signalking
XAUUSD: Analysis June 5As much as Gold increased yesterday, Gold was pushed back down yesterday, showing that the resistance above is strong. However, there has not been any change in the chart structure because Gold D1 is still within the narrow price range of the larger price range. The formation of such a narrow sideways period is like creating a "detonator", which can cause Gold D1 to have a strong rebound in price in the near future. Gold H1 was pushed back to the old bottom after the previous push up. The structure formed is an inverted V-shaped pattern, showing strong resistance at the upper border of the price range. The main topic of Gold H1 today is waiting for sale. 💡 H1 trend: Gold moves sideways. Today's trading idea: Sell Gold.
OANDA:XAUUSDShort
by Stone_Haven
XAUUSD - re-scanning the old accumulation zone of the BuyersYesterday Gold re-scanned the vintage accumulation quarter of the Buy faction. Currently, Gold has rebounded to the 233x area, however with this fashion and wave, it's far very in all likelihood that Gold could have every other moderate correction earlier than the Nonfarm news, everyone ❤️❤️ >Today I will Sell Gold round MA h1 and H4 from the fee variety 2340-2345 SL 2350 TP 2330>232x If GOLD can growth once more thru the 2345 quarter and spoil thru the vintage resistance quarter, I will purchase and chase Gold returned as much as the 245x quarter. If the Plan is correct, in my opinion, Gold will lower barely for 1 beat after which growth immediately, everyone ❤️❤️
OANDA:XAUUSDShort
by TheLeader_WOLF
Gold is Ready to break Support zone!!!Gold is moving near the Resistance zone($2,373-$2,353) , Resistance lines , Monthly Pivot Point , and Yearly Resistance(2) . According to Elliott's wave theory , Gold seems to be completing the Flat Correction(ABC/3-3-5) . I expect Gold to break the Support zone($2,337-$2,318) soon. 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
9
Short gold, target 2330 From the 45-minute chart, we can see that the gold price is currently in a long-short selection and wash-out stage. The opening price of 2350 has fallen below. In the European session, we can directly look at short positions below 2350. If the price drops to around 2330, we can look at the reverse strategy intervention. In the US session, we can look at the gains and losses around 2330 and stabilize to recover the intraday decline. Trading strategies can be referenced: short below 2350, with a target near 2330.
OANDA:XAUUSDShort
by Signalking