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Xauusdsetup

Where is Gold going next?In the past few days we have seen how OANDA:XAUUSD give off some really fantastic push into the 1983 area, are we going to see further push or is price going to reject the zone? Fingers crossed, we wait to see what market presents to us next week. Until then have a fabulous weekend Disclaimer: All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
OANDA:XAUUSD
by Mbjoey
Gold: Planning Strategies Today Today's trend seems a bit dull compared to yesterday. The white market fluctuated in a range of less than 10 US dollars. I believe everyone has been sitting there all day without knowing where to start. However, no matter how the market goes during the day, the trend is still maintaining a good bullish trend. In the evening The operating idea is still the same as the white market, maintaining the low and long operating strategy! Since the situation between Palestine and Israel, the risk aversion in gold prices cannot subside in a short period of time. Just like the previous situation between Russia and Ukraine, the price of gold has increased by nearly 300 US dollars, and now it has only increased by 130 US dollars. Don’t be afraid that there is no room. With the current situation, Director Wang will at least wait until the 2000 mark before giving up! Unless the gold price falls quickly below the support of 1935 at this stage, bulls will be willing to temporarily stay on the sidelines! The one-hour trend, so far, shows that the bulls are strong and the gold price has very little retracement. With such a strong trend, even if the current gold price valuation is on the high side, short positions are very tempting to most investors, but they would rather miss it than take the risk. try! Technically, the moving average support continues to diverge upward during the day. The first support is currently at the 1949 line, and the current trend line support is at the 1936 line. The stable operating strategy is to wait for the price to fall back to the 1940-1943 line before continuing to do long positions. The market outlook target is first Look at the previous high of 1963 and then look at the historical pressure level of 1885!
OANDA:XAUUSDLong
by Dylan-Jones
Gold Soars Amid Political TensionsGold prices hover around $1,950 after retreating from the two-month high of $1,962 in early Asian trading on Thursday. The precious metal's recovery is bolstered by increasing political tensions in the Middle East, driving a safe-haven rush. From a technical standpoint, the daily chart of XAU/USD suggests further upside potential. The pair has surpassed all of its moving averages, with the 200-day Simple Moving Average (SMA) being the closest, located around $1,930. Meanwhile, technical indicators are pointing upwards, with the Momentum indicator near overbought levels. According to the Relative Strength Index (RSI), it continues to climb and stays at new highs for several months. In the short term, the 4-hour chart shows that a minor corrective decline may occur, but it also indicates that the uptrend remains intact for XAU/USD. The SMA 20 is moving strongly to the upside compared to longer SMAs, providing dynamic support around $1,926.50. However, the Momentum indicator has eased after reaching a lower high but still significantly above its midline. The RSI has also slightly declined but remains within the overbought territory. Support Levels: $1,938.20, $1,926.50, $1,912.35 Resistance Levels: $1,962.60, $1,978.90, $1,987.40
OANDA:XAUUSD
by Gwen_Humuna
1
XAUUSD=GOLDXAUUSD, last our three ideas on GOLD have been successful, we emphasize on how uncertainty will cause price to skyrocketed due to investors being more interested in XAUUSD as a safer option. Price of GOLD did not show any sign of bears presence on Friday. Price rose 600 pips from 1870 to 1930. Selling in this market condition always extremely risky and advice you all to take extra care as situation of war in some countries is may worsen and this idea can be wrong. Use this idea as a small possibility.
OANDA:XAUUSDShort
by Setupsfx_
41
Gold: shocks remain unchanged Gold is now maintaining its bottom and oscillating sideways. The decline has temporarily come to an end. If it is no longer weak, it will become stronger! Moreover, the release of the big non-agricultural data in the U.S. is expected to lead to a skyrocketing rebound! The US market continues to be bullish relying on the support of 1815! Plan your trade, trade your plan! The current decline in gold is obviously not strong enough! And it will no longer break new lows! The U.S. large non-agricultural data is expected to be similar to the small non-agricultural data, and will start a rebound trend! Long, the U.S. market relies on the support of 1815 to be bullish on lows. The upper side will pay attention to the pressure of 1833. If the 1833 position is broken, it will prove that the market has turned and the rise has begun! Gold is over 1815, stop loss is 1807, target is 1833.
OANDA:XAUUSDLong
by Dylan-Jones