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Xauusdshort

XAUUSD: Today’s target is 2700 points, short on rebound highToday's trading strategy: The support area of ​​2725-2720 was broken yesterday, and the overall trend of gold prices has been destroyed, so we can no longer maintain a bullish view. From the hourly chart, the current gold price may form a head and shoulders top pattern. If this pattern is confirmed, it will enter a correction cycle. The resistance area we need to pay attention to above is around 2740. As long as this position is not effectively broken, the gold price will start to fall, and it is very likely to test 2700 points.
TVC:GOLDShort
by AntonyTP
1
Gold Technical Analysis: (READ DESCRIPTIO)Gold Technical Analysis: Bullish Outlook Pivot Point: 2717.00 Gold is currently exhibiting signs of a potential upward move, with support established at 2717.00. The technical indicators suggest a preference for long positions as the precious metal is poised for further gains. Our Preference: Long Positions Recommended Trade: Long positions are favored above 2717.00, with targets set at: First Target: 2747.00 Second Target: 2758.00 This indicates a potential rise as the bullish momentum strengthens. Alternative Scenario: Downside Potential If Gold falls below 2717.00, consider looking for downside targets at: First Target: 2709.00 Second Target: 2700.00 This would suggest a shift in momentum and a potential corrective move. Technical Indicators: RSI (Relative Strength Index): The RSI shows strong upside momentum, signaling buying strength. Price Action and Trends: Above 2717.00: As long as the price remains above this pivot point, the upside trend is expected to prevail, potentially targeting 2747.00 and 2758.00. Below 2717.00: A break below this support level would invalidate the bullish scenario, opening up potential losses toward 2709.00 and 2700.00. This would indicate a shift in momentum toward a bearish correction.
OANDA:XAUUSD
by CharivapaAlgo
Reached the top and suddenly fell verticallyGold costs reduced after statistics approximately americaA housing marketplace in September. According to americaA National Association of Real Estate (NAR), general income of present homes, consisting of personal houses, townhouses, and residences condominiums and cooperatives, fell 1.0% to a seasonally adjusted price of 3.eighty four million gadgets in September. The records turned into higher than expected, as economists had forecast a 1.3% decline. right all the way down to 3.eighty million gadgets. Total sales for August turned into additionally adjusted as much as 3.88 million gadgets from the formerly pronounced 3.86 million gadgets. Year-on-year, income sales reduced with the aid of using 3.5% in comparison to September 2023. In addition to the motive coming from new financial records, the lower in gold costs may also be a profit-taking circulate with the aid of using many investors, after this valuable steel has constantly peaked withinside the beyond few weeks. Experts additionally word that notwithstanding a robust adjustment, gold costs nevertheless keep above 2,seven-hundred USD/ounce with long-time period assisting elements together with geopolitical instability and hobby price slicing regulations of a chain of primary banks. 🔥 XAUUSD Buy limit 2715 - 2717 🔥 ✔️TP1: 2730 ✔️TP2: 2750 ✔️TP3: OPEN 🚫SL: 2708 ➖➖➖➖➖➖➖➖ 🔥 XAUUSD Sell limit 2736 - 2738 🔥 ✔️ TP1: 2725 ✔️ TP2: 2715 ✔️ TP3: OPEN 🚫SL: 2746
OANDA:XAUUSD
by TheLeader_WOLF
Gold price analysis October 24Fundamental Analysis Gold prices fell sharply from an all-time high of $2,758 on Wednesday as US Treasury yields rose, while the greenback hit a two-month high, according to the US Dollar Index (DXY). Risk appetite has deteriorated, prompting a flight to safe-haven currencies, but not assets such as the yellow metal. The yield on the US 10-year Treasury note has risen more than 65 basis points (bps) since the Federal Reserve cut interest rates by 50 basis points (bps) on September 18, amid concerns that a Trump presidency could spark inflation. Investors appear to believe that former President Donald Trump could defeat Vice President Kamala Harris, as most betting sites have indicated. As we approach the US election on November 5, investors are looking for shelter from that possibility. Investors are somewhat concerned that Trump's deficit spending, use of tariffs and large illegal immigrant deportation program could cause a new wave of inflation. Technical analysis Gold is recovering near the important price reaction zone of 2736-2738. When gold breaks this important zone, it will find the breakout zone of 2750. In case the European session gold fails to break this price zone and falls back, our target is to give a SELL signal around 2724 followed by the bottom zone of 2708 and the most important zone of today is 2700, the critical zone of the EMA. Wish you a successful trading day.
OANDA:XAUUSD
by TVS-Trader
2
Can we accept as true with gold`s SELL signal?We acquired an apparent promote sign on Wednesday with a key reversal candle printing at the every day timeframe. However, one have a take a observe latest records indicates we've acquired masses of topping indicators and styles this year, but none generally tend to final long. That by myself makes me cautious of the bearish sign, particularly with the charge persevering with to fashion better throughout severa timeframes. Given how strongly gold has traded recently, there can also additionally had been an detail of profit-taking up Wednesday to plug losses in different asset classes, particularly constant profits markets. The unwind additionally got here from oversold degrees on RSI (14), hinting short-time period positioning changed into turning into lopsided. Those searching at capability setups may want to use the uptrend strolling from the lows struck on October 10 to construct trades around. It`s observed around $2720 today. If the charge manages to maintain above the uptrend, you may purchase in advance it with a decent forestall beneath for protection. The apparent exchange goal will be the file excessive of $2758.55. 🔥 OANDA:XAUUSD Buy limit 2714 - 2712 🔥 ✔️TP1: 2730 ✔️TP2: 2750 ✔️TP3: OPEN 🚫SL: 2706 ➖➖➖➖➖➖➖➖ 🔥 OANDA:XAUUSD Sell limit 2740 - 2738 🔥 ✔️ TP1: 2730 ✔️ TP2: 2720 ✔️ TP3: OPEN 🚫SL: 2748
OANDA:XAUUSD
by FalCol_TradingMaster
Gold Trading Strategy: Focus on Selling TodayYesterday, we bought and made some profits, and today we’ll primarily focus on selling. The trading signal I released before the market opened suggests selling in the 2746-2752 range, with a TP set at 2738-2734. Some friends may have already traded based on the signal they received earlier; you can still join in. Gold is currently within the selling range, and if you’re looking to place this order, now could be an even better position. I will continue to monitor market trends, and any changes in trading will be communicated promptly. Stay tuned, and feel free to leave me a message if you have any questions.
FOREXCOM:XAUUSDShort
by MichaeliaDefoe
XAUUSD: Sell, Add Positions At 2746-2751Today, gold broke through the resistance around 2728 and returned to the vicinity of 2738. Indicators show that resistance remains significant, so I recommend continuing to sell within the 2738-2743 range. If prices continue to rise, I expect to encounter strong resistance in the 2746-2751 range. At that point, the market is likely to experience a pullback, and a return to around 2738 should not pose too much of a problem. Therefore, today’s trading strategy is to sell in the 2738-2743 range and add to the sell position in the 2746-2751 range.
OANDA:XAUUSDShort
by Mia-Signal
8
Reinitiating Gold Bearish StrategyToday, I will once again reveal my bearish strategy, entering short positions decisively at 2755. The emergence of a large bearish candlestick has successfully breached the 2750 support level, with prices even dipping to around 2700, allowing for anticipated profits from short positions. Opportunities favor the prepared; if you're still on the sidelines, you may be missing out. Technical Analysis: The hourly chart for gold has developed a distinct bearish pattern, with the large bearish candlestick exhibiting a free-fall movement, piercing through all support levels. The current K-line rebound continues to signal a bearish trend, expected to breach key support lines once again. Additionally, the moving averages have shown a clear downward reversal, indicating that the market's strength has shifted decisively downward. In the short term, we will continue to monitor the topping pattern, with 2725 remaining an optimal point for short entries.
OANDA:XAUUSDShort
by Falcon-Training-Camp
XAUUSD: Sell ​​above 2756Today, gold prices rose to around 2758 before retreating. From previous trends, there is support around 2748, and the 2743-2738 range is also significant. Currently, the market structure is not favorable for bulls, making support crucial. In terms of trading strategy, I am leaning towards short positions today, with a key entry point at 2756, which I shared yesterday, and an additional position in the 2760-2764 range. If the price breaks below support directly, we may need to adjust the strategy and consider going long around the main support levels, but the target should be kept modest, ideally within $6. Additionally, there will be news releases half an hour before the New York session, which could have a substantial impact on the market, so please pay close attention while trading.
OANDA:XAUUSDShort
by Mia-Signal
XAUUSDHere is our view and update on XAUUSD . Potential short opportunity. As per our last mind, we were waiting for signs of exhaustion on XAUUSD . We have also broken the structure and our KL (Key Level) 2737 . In detail, As price on XAUUSD has broken our KL (Key Level) that’s sitting at 2737 , it has also broken the upside structure . We are entering at the break of our KL at 2737.811 with SL sitting at 2749.285 as it would invalidate the trade idea and continue the bullish movement creating new highs. Our TP (Take Profit) is sitting at the previous ATH (All Time High) 2685 . PARAMETERS - Entry: 2737.811 - SL: 2749.285 - TP: 2685.800 KEY NOTES - XAUUSD price is showing exhaustion. - XAUUSD broke our KL (Key Level). - The bullish structure has been broken. - Breaking above our SL would result in more upside. Happy trading! FxPocket
OANDA:XAUUSDShort
by FxPocket
Precision Strike: Gold Bearish Trend on the Verge of UnfoldingNo need for excessive explanation—the current gold market trend is clear, and a pullback is imminent. I am confident that now is the ideal moment to go short, focusing on swift, accurate, and decisive moves. With bearish positions already in hand, we are well-prepared for a significant price drop. Technical Analysis: The hourly chart for gold has displayed a strong bearish movement. The large bearish candlestick has decisively engulfed the previous bullish candlestick, forming a classic "bearish engulfing" pattern. From a technical perspective, the price will inevitably revert to the moving average. After an extended rally, gold is showing signs of exhaustion, and this single bearish candlestick has shattered the current strength, signaling a major reversal. With the bearish momentum building, a short position around the 2755 level after a rebound is highly recommended. Fundamental Analysis: Additionally, there will be several bearish factors in the news today supporting further downside movement for gold. Therefore, for short-term traders, maintaining a bearish bias is advised to capitalize on the market’s downward momentum.
OANDA:XAUUSDShort
by Falcon-Training-Camp
Selling gold price is the best timeOvernight, gold prices reached a new high, resulting in substantial profits for long-position traders. Market participants who responded to the news and utilized effective strategies achieved significant gains. Market Trend Analysis: Currently, gold prices have entered an overbought zone, facing considerable short-term pullback pressure. Additionally, geopolitical tensions have eased, providing more volatility opportunities for the market. In this environment, short-selling is undoubtedly the more prudent choice. Over the past month, we have consistently delivered precise rapid trading strategies, with participants achieving at least four notable profit opportunities each day. Current Market Conditions: The spot price of gold is $2757. The strategies are as follows: Short-sell when the market reaches $2765-$2770; Go long when the market falls to $2749-$2744. Trading strategies and signals are time-sensitive, so please stay tuned for the latest updates to capitalize on optimal trading opportunities. OANDA:XAUUSD OANDA:XAUUSD BITSTAMP:BTCUSD CAPITALCOM:GOLD
OANDA:XAUUSDShort
by George_parse
1
Gold Trading : A Must-See OpportunityToday’s trading went very smoothly. I sold at 2746, took profit at 2738, then bought back at 2738 and closed in the 2742-2745 range—perfectly timed. Some friends receive only one signal a day, while others get two, and some can access every trading signal I send. It all depends on your individual choices and preferences. Currently, gold has broken above MA5 and returned to 2746, with MA60 as a reference for support and resistance temporarily at 2750. Today’s decline started from this level, and any upward movement will need to be assessed through trend lines, targeting around 2760. If it truly rises to this level, I believe there’s a high chance it will drop back to around 2750.
FOREXCOM:XAUUSD
by MichaeliaDefoe
Gold prices will continue to rise after the market opens As of the market close, a total of six trades were executed today, with two sell orders at $2732 and $2738, and four buy orders around $2727. All members of the rapid trading strategy group reported profits, and low-position buy orders are being held into the close, anticipating a target exit above $2731 tomorrow. The current market remains in a bullish trend, with recent pullbacks considered mere technical corrections. The recommended strategy is to focus on buying at lower levels, with critical support identified in the 2700-2712 range. I expect the market will likely break through upper resistance this week. While the U.S. dollar remains strong, the impending impact of interest rate cuts could provide upward momentum for gold. Additionally, geopolitical factors may also support price increases. In the coming hours, gold prices are expected to experience notable gains, making buying at the market open a prudent choice. The likelihood of an upward movement in the Asian market is very high, followed by a technical correction in the London market before a significant rise in New York. This is my fundamental view for the market tomorrow. OANDA:XAUUSD BITSTAMP:BTCUSD Some investors may perceive limited trading opportunities in gold, even facing ongoing losses; however, I disagree. As Warren Buffett famously said, "Be fearful when others are greedy, and greedy when others are fearful." Market opportunities often lie within the current volatility. If you are facing losses, low profits, or uncertainty about your trading direction, please feel free to reach out—I will respond promptly. Wishing everyone profitable trading in the market each day.
TVC:GOLDLong
by George_parse
Xauusd prices increased in the context of the US also climbingWorld gold prices are also supported when the money flow into the US stock market shows signs of decreasing after the Dow Jones, S&P500, and Nasdaq indexes have all continuously set records in nearly 5 months. The race for the White House is getting into a dash phase, very fierce with symptoms and symptoms of a reversal toward Donald Trump. The election will take location on November 5. This is taken into consideration to be a turning factor for the gold market. Many human beings consider that Mr. Trump can clear up geopolitical conflicts in a few areas, thereby riding down gold prices. However, many human beings are afraid that Mr. Trump`s strong-arm guidelines may want to shake the world. Many specialists expect that each Mr. Trump and Ms. Kamala Harris will step up pumping cash and stimulate the economic system if elected. Besides, gold additionally advantages whilst americaA maintains to reduce hobby costs as planned.
OANDA:XAUUSDShort
by TheLeader_WOLF
Gold price may rise to $3,000 by the end of this yearBusinessInternationalWednesday, October 23, 2024, 08:34 (GMT+7) World gold prices increased again The need for shelter when geopolitical tensions escalated pushed gold prices to a new peak, at 2,748 USD an ounce. Closing the trading session on October 22, the world spot gold price increased nearly 30 USD to 2,748 USD per ounce. This is a new record high for the precious metal. "Geopolitical tensions are still the main cause. The US presidential election will take place in two weeks and the race is still very close. Political instability is driving up the need for shelter." The latest Reuters/Ipsos poll shows that Vice President Kamala Harris's support rate is currently 46%, slightly higher than former President Donald Trump's 43%. "This closeness is creating a situation of uncertainty. This environment is beneficial for gold," said analysts at BNP Paribas bank. Grant predicts that if tensions in the Middle East continue to heat up, the price could rise to $3,000 by the end of this year. Since the beginning of the year, the price has increased 33% and continuously set new peaks. 💎 OANDA:XAUUSD Buy limit 2724 - 2722💎 ✔️TP1: 2730 ✔️TP2: 2750 ✔️TP3: OPEN 🚫SL: 2716 ➖➖➖➖➖➖➖➖ 💎 OANDA:XAUUSD Sell limit 2750 - 2748💎 ✔️TP1: 2730 ✔️TP2: 2720 ✔️TP3: OPEN 🚫SL: 2758
OANDA:XAUUSDShort
by FalCol_TradingMaster