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Xauusdshort

Short gold after hitting 2635-2645 areaBrothers, we went long on gold near 2591 yesterday and closed the long position near 2607 this morning, making a profit of 160 pips easily, which is a very good trading result. After closing the long position, I originally planned to wait for gold to fall back and continue to go long on gold in the 2595-2590 area, but after I closed the order, gold has been fluctuating in the 2607-2600 area, and did not give me the opportunity to go long on gold again. So it's a pity that I missed this time when gold continued to rebound. At present, gold has reached around 2628, and the increase has not exceeded my expectations. I think gold may even continue to rebound to the 2635-2645 area. However, if gold touches this area for the first time, I think there will be an opportunity for gold to fall back to build up momentum and extend its effect. So, if gold touches the 2635-2645 area as expected, I will choose to short gold once!Bros, will you choose to short gold like me? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDShort
by Trader_Marvin
XAU/USD "GOLD vs US Dollar" Metal Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the XAU/USD "GOLD vs US Dollar" Metal market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉 Entry 📉 : You can enter a short trade at any point, however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest. Stop Loss 🛑: Using the 4H period, the recent / nearest high level. Goal 🎯: 2540.00 or Before Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
OANDA:XAUUSDShort
by Thief_Trader
XAUUSD - continuation sells? What about Pullbacks?Here is our in-depth view and update on XAUUSD . Potential opportunities and what to look out for. XAUUSD is currently trading at around 2605 . We are still following our long-term analysis on XAUUSD which was posted on November 27th (almost a month ago). Last time, we took a step back and took a look at XAUUSD from a bigger perspective (H4 time-frame). We are now using H1 to show you possible outcomes we might have in play. Overall XAUUSD is still extremely bearish . We could see the following scenarios happen. Scenario 1: SELL from 2620 We could see a potential pullback to 2620, which was respected last time we made a pullback from the massive drop on XAUUSD. This would give us an amazing entry for further gold sells. Scenario 2: SELL from 2633 A deeper pullback could happen if we break to the upside from 2620. Entering in 2633 would give us an amazing opportunity to hop into sells and hold it long-term, still targeting the 2480 level. Scenario 3: SELL from 2590 Breaks below 2590 would result in more sells on the pair. As we failed to break to the upside that would confirm the 2620 being the “pullback area” and we will most likely continue to the downside. We would be targeting 2550 and possible breaks of it. If 2550 would be broken we could start seeing more extreme sells on XAUUSD. Personal opinion: The direction for now is bearish in our opinion. We are looking for sells and we do believe gold could see some more sell-offs in December before the year of 2024 ends. KEY NOTES - XAUUSD is overall bearish. - XAUUSD sells are valid from key pullback areas 2620 and 2633. - XAUUSD breaks below 2590 would also confirm further sells. Happy trading! FxPocket
OANDA:XAUUSDShort
by FxPocket
Gold is still in a long term uptrend.At the beginning of the trading session on December 19 (US time), the world gold price continued to decrease after the US announced the number of unemployment benefit applications was 220,000, down from the forecast of 230,000 applications. This prompted the US Federal Reserve (Fed) to slow down the process of cutting interest rates in the future. Previously, gold investors were disappointed when the Fed sent out an unfavorable signal right after the monetary policy meeting on December 18. The US Central Bank issued a new forecast, showing that there will be 2 rounds of 25 basis point interest rate cuts next year. According to independent metal trader Tai Wong, Fed Chairman Jerome Powell revealed that he will slow down the process of cutting interest rates in the context of persistent inflation. This message from the Fed will make the gold price trend worse in the long term. Multinational investment bank Goldman Sachs predicts that demand for gold will remain strong as central banks seek to diversify their reserves, especially after Russia's assets are frozen in 2022. 🔥 XAUUSD SELL 2607 - 2609🔥 💵 TP1: 2600 💵 TP2: 2590 💵 TP3: OPEN 🚫 SL: 2615
OANDA:XAUUSDShort
by FalCol_TradingMaster
Will the interest rate cut in late 2024 happen? XAU UP OR DOWN ✍️ NOVA hello everyone, Let's comment on gold price next week from 12/16 - 12/20/2024 🔥 World situation: Although gold posted some losses, it remains up nearly 1% for the week, supported by a mix of US economic data. While inflation figures were varied, the latest Initial Jobless Claims report strengthened investor confidence in a December rate cut by the Federal Reserve. Attention now shifts to the Fed’s December 17-18 policy meeting, with traders pricing in a 93% likelihood of a 25 basis point cut, according to CBOT data. Following the announcement, all eyes will be on Fed Chair Jerome Powell’s press conference for insights into the policy direction for 2025. 🔥 Identify: H4 is seeing price close to the bullish trendline - which will be validating the last rate cut of the year. There will be some upside but it will still be difficult to break above the 2723 price zone 🔥 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: $2678, $2723 Support : $2613, $2590, $2535 🔥 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
2
Negative News - XAU Continues Bearish Cycle ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) rebounds from a one-month low near the $2,584-$2,583 region seen during the Asian session on Thursday, halting a two-day losing streak. Geopolitical tensions and trade war fears, combined with the Federal Reserve's (Fed) hawkish shift on Wednesday, have weighed on global risk sentiment. The resulting declines in equity markets have driven safe-haven demand for gold. However, the Fed's signal of a more cautious approach to rate cuts next year has kept US Treasury yields near multi-month highs and supported the US Dollar (USD), which remains close to a two-year peak. These factors could limit gold's upside, urging caution for bullish traders. Market participants now await US economic data, including the final Q3 GDP figures and Weekly Initial Jobless Claims, for short-term trading cues. ⭐️Personal comments NOVA: The FED cut 0.25 points as expected, however the statements about future plans are very negative for the market, along with the end of the year transactions will be liquidated by investors causing continued selling pressure. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2633 - $2635 SL $2640 TP1: $2625 TP2: $2610 TP3: $2600 🔥BUY GOLD zone: $2585 - $2583 SL $2578 TP1: $2595 TP2: $2607 TP3: $2624 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
3
Gold Drops $65 as Bearish Momentum Dominates Post-Fed DecisionGold Technical Analysis Gold prices dropped approximately $65 yesterday following the Federal Reserve's rate decision. The market continues to exhibit bearish momentum as long as it trades below 2623 and 2612, targeting 2585. A break below 2585, confirmed by a 1-hour or 4-hour candle close, could push the price further down to 2558. The gold market is expected to remain volatile, with the upcoming GDP report playing a crucial role: If GDP comes in below the expected 2.8%, this could support a bullish move. If GDP exceeds 2.8%, this could reinforce the bearish trend. Key Levels Pivot Point: 2612 Resistance Levels: 2623, 2638, 2653 Support Levels: 2585, 2572, 2558 Trend Outlook Bearish below 2623 and 2612 Bullish above 2623
OANDA:XAUUSDShort
by SroshMayi
XAUUSD - sells in play?Here is our in-depth view and update on XAUUSD . Potential opportunities and what to look out for. This is a long-term overview on the pair updated from the previous one. Last time, we took a step back and took a look at XAUUSD from a bigger perspective (H4 time-frame). We are still using H4 to show you the sells we have in play. XAUUSD is currently trading at around 2670s . If you remember our previous long-term view on OANDA:XAUUSD you should remember that after hitting the top of the area at around 2714 (a bit higher) we were automatically looking for sells. We are currently holding a few sell positions at 2680s as the price failed to break higher. Personal opinion: The direction for now is bearish in our opinion. We are looking for sells and we do believe gold could see some massive sell-offs in December before the year of 2024 ends. KEY NOTES - XAUUSD completed the predicted long-term move to the upside. - XAUUSD sells were called at the top of the area (2714). - XAUUSD failed to break higher and is following the long-term analysis. Happy trading! FxPocket
OANDA:XAUUSDShort
by FxPocket
3