Daily breakout XAUUSDSell started Gold. Now its continuing. It will be reached 2234 in this week.Shortby salihnv0
SELL XAUUSDIn my opinion, I am looking to sell , which is a strong SUPPLY ZONE and market also in downtrand . It is not advisable to enter without confirmation from a lower TF.Shortby Knickk0
Gold berish setup - 29 AprBear flag for downtrend setup is invalid if resistance breaks.Shortby tina0001Updated 2
🔥GOLD BEARISH TREND FORMING💲In yesterday's comments, we pointed out that the risk of a downward adjustment in the gold market will increase. In today's market, the important support point 2312 predicted earlier has been fulfilled. Judging from the weekly review last weekend, we expect that the adjustment will continue for the subsequent market trend. The downward adjustment has not yet ended, and further downward exploration is needed to find support. The possibility of a direct return to strength is small. The continuous highs this week have been suppressed, and the decline on this trading day indicates that the callback rhythm has started again. Therefore, it is appropriate to continue to maintain a high short-selling layout in the short term. On the 4-hour chart, gold prices are currently oscillating under the pressure of a double top pattern.The moving average system shows a dead cross short position arrangement, suggesting that gold is still likely to fall, and there is a large room for decline. The momentum of the bulls is gradually weakening, while the power of the bears is gradually strengthening. Although it rebounded after experiencing a sharp decline in early trading, it has temporarily returned to the shock range. Whenever the price of gold rebounds above 2340, it is a good opportunity for short sellers to sell. If the price falls below 2310, the market may weaken further, and then only need to pay attention to shorting opportunities with a slight rebound. Therefore, our trading strategy is to wait for the price to rebound to the appropriate position and then decisively short. In the short term, European and American markets should pay attention to short-selling opportunities that rebound to the 2323-2325 range. On the whole, today's short-term gold operation advice is to focus on rebound short selling, supplemented by callback long selling. Focus on the resistance range of 2320-2325 at the top and the support range of 2300-2305 at the bottom.by JackBlackwellUpdated 39
Gold 40 points profit running, mcx 1000 points enjoy huge profitOn Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader1
Gold, merry gold...After a big uptrend gold price is now having a pull back and moving in a small range for few days. A consolidation is always good for a healthy move. Important resistance zone is 2345 - 2365. Price have to break this with force and sustain above the mentioned zone to move up further. We have two near by support zones where price can bounce, once it is tested. 2310 - 2314 is the near by support. If price break it, then it can move towards the major support zone 2288 - 2298. Price will hold the major support. Otherwise it will move towards 2270. There is no buy sell levels here. How price reacts at the given zones will decide the trend direction. Trade accordingly. by vanathiUpdated 7
🔥GOLD REMAINS RANGE-BOUND💲The recent trend of gold has shown the characteristics of killing bulls and bears. However, judging from the daily chart, it is actually a recovery trend after a sharp decline. The repair interval is approximately between 2291 and 2352. This range has constituted a large wave of fluctuations. Although last week's weekly close was negative, the long-term trend still has bull support, especially due to the influence of fundamental geopolitical factors. Therefore, even if an adjustment and repair period is entered in the short term, the long-term bull trend is unlikely to change. From a technical point of view, the daily MA5 and MA10 have formed a dead cross downward. Although MA5 has turned around, it has not yet formed an obvious bull pattern, so the operation is still mainly high altitude. On the 4-hour chart, gold prices are currently running below the long-short dividing line, so short-term operations are still mainly short. Gold prices experienced a small rebound and quickly recovered. The current price is temporarily limited to the range between 2320 and 2340. Since there is no obvious trend in the short term, we should focus on short-term adjustments and repairs. It is recommended that before the gold price breaks through 2352, it is mainly short when approaching this level. If it breaks through, wait for the 2372 line. However, the expected retracement of the previous rebound from 2295 to 2352 did not go as expected. Instead, there was a shock in the cracks, and we need to wait patiently for the position to be broken. On the whole, today's short-term operation advice for gold is to focus on shorts after a rebound, supplemented by longs after the correction. The upper short-term focus is on the 2340-2343 resistance range, and the lower short-term focus is on the 2300-2305 support range.by JackBlackwellUpdated 32
Today area to watch 2326 if sustain then 2346 2354 is nextToday area to watch 2326 if sustain then 2346 2354 is next Till the time gold is moving above 2326 2324 area we can see 2342 to 2350 area. If gold will break 2324 to 2326 area then we can see 2318 2310 area. Plan accordingly, Happy TradingLongby vikasvasusharma2
🔥GOLD trend analysis for next Monday💲Gold technical analysis The overall market in April showed relative strength, rising from 2230 to 2430, setting a record high. The current price is hovering around 2330 and is expected to remain near 2330 at the monthly close, which is the 50% level of the rally. Therefore, the trend in May is likely to rise first and then fall, continuing the rise and then retreating. It may remain strong for a while in the first half of May, but may weaken and fall by mid or late May. Therefore, we should pay attention to the timing of long and short positions. On the 4-hour chart, gold shows an obvious upward shock trend. The price gradually broke away from the previous low shock range, and the K line rose steadily along the short-term moving average, indicating that the short-term upward trend may not be over yet. However, the price currently encounters a significant pressure zone near 2354, which may pose a challenge to further gains. It is necessary to pay close attention to the short-term adjustment and repair situation and find a suitable entry point. From a short-term perspective, the golden hourly chart shows an upward trend. Each moving average indicator on the 1-4 hourly chart extends upward, and the support moves upward again. The support next Monday is around 2320-2325, and the pullback is an opportunity to go long. If it breaks through 2352, we need to pay attention to gold bulls' upward test of pressure near 2363. At the same time, we also need to focus on whether gold will step back, especially if it steps back to the 2320 line, which will be the key point for long orders to enter. When the market opens on Monday, gold can go long directly, with reference to the 2330 line. The upward trend can be seen to 2350, and may reach the 2360 line after stabilization. When entering the market, you should focus on light positions. If there is a breakthrough to a new high next week, you should be ready to buy long positions at any time. On the whole, it is recommended that the short-term operation of gold next week will be mainly longs on callbacks, supplemented by shorts on rebounds. Focus on the resistance range of 2352-2360 at the top and the support range of 2320-2325 at the bottom.by JackBlackwellUpdated 45
Gold technical analysis Continues high to high I see rocket pattern gold it’s bullish trend .just trapped sellers and price consolidation..by zestshowoff229
Gold Trend 29/04Gold fell to a 2-week low of 2391 at the beginning of last week, but buying has resumed after a weaker-than-expected US GDP Q1 data, leading the price to reach 2352 before the US session on Friday. There were no surprises in the release of the U.S. inflation figures on that day; therefore, the market was relatively quiet before the weekend. Two major U.S. economic news are expected this week: the Fed. meeting on May 1st and the U.S. employment figures on Friday. As geopolitical risks in the Middle East fade out, the U.S. interest rate trend will now become the focal point of gold traders. According to CME FedWatch, 99.5% of the chances that the Fed. will keep interest rates unchanged this week (Unchanged - 97% in June / Unchanged - 68% in July). Expect the market to stay in a tight range before the Fed. meeting. If the Fed. announcement leans toward a more hawkish tone, just like Powell's speech 2 weeks back; some more selling momentum will add to the gold price. 1-Hr Chart—Gold prices broke out from the S-T uptrend channel(1.1) in the Asian session early Monday. As the price escape channel(1), the upward momentum is now slowing down. Take advantage of the 2318-55(2) range in S-T until the Fed. meeting. If gold prices fall below the 2318-28 support zone earlier than expected, the next support level will be at 2300, and the descending channel (3) will dominate the trend for the rest of the week. Daily Chart - The price fell back below the 20-day MA(5) after the rejection of the 10-day MA(4) last Friday, and the short-selling pressure has been increasing since then. The Fed announcement should dominate the gold price trend in the coming weeks; be patient with the news and the breakout caused by it. Before the next major move, trade the 2290-2351(6) range. If gold prices fall further, the next target will be near 2260(7). If you like my work, please give me a thumbs up 👍. Feel free to leave a comment; share your thoughts 🤟. P. Toby 1uptick0
BREAKOUT OCCURRED ITS A SURESHOOT SELLING TRADE ITS A SURESHOOT IRS MY PERSONAL STRATEGY The gold showing a good falling Having a good potential There is nothing to doubt It have a great surety of FALL Due to these reason 1.It have clear-cut neckline without any confusing chat 2. It have clear entry and Tp point 3. Sellers seems heavy due to volume its a good oneShortby tradergyan01221
Neutral bias on Gold this weekAccording to me Weekly and H4 is bullish whereas Daily is bearish. So will look for buy and sell trades on Gold this week. Will place 2 limit orders for swing trade as follows : Sell limit at 2373.12 and Buy limit at 2284.20. Will look for some intraday trades too on following levels : 1) Sell trade around 2381.12 - 2385 (Entry only after bearish confirmation on M1) 2) Sell trade around 2386.70 - 2393 (Entry only after bearish confirmation on M1) 3) Buy trade around 2322.58 - 2320 (Entry only after bullish confirmation on M1) 4) Buy trade around 2311.12 - 2308 (Entry only after bullish confirmation on M1) 5) Buy trade around 2303.12 - 2301 (Entry only after bullish confirmation on M1) All the best .by DhananjayaShetty4
Gold weekly outlook Imp area are 2132 to 2324 if break more fallGood Morning Traders, Gold weekly outlook Imp area are 2132 to 2324 if break more fall Gold is consolidating in 2350 to 2325 area and around 100 EMA. IF we see gold is also in falling wedge. If gold will break 2324 area and sustain we can see deep correction till 2300 2290 and 2285 and 2275. If gold sustain above 2350 2354 we can see more up levels till 2360 2365 and 2370 2375. Our recommendation is selling from every high. Geo political can change the game, else we can see bearishness in gold Even we have Fed Rates event this week so check all the things before trading, Plan accordingly, Happy Trading Shortby vikasvasusharma2
XAUUSD 15 - 19 AprilFrom now on I would type everything in English because my previous analyzes were deleted because they were in Dutch.Longby TheDutchGoldTradeHubUpdated 10
🔥GOLD BULLS RESTART💲Judging from the daily structure, although gold closed positive yesterday, it failed to break through the 10-day moving average above, and the daily moving average showed a cross downward trend, which put some pressure on bulls. In the absence of clear bullish factors, it may be difficult for gold to break through the key level of 2350. Although the market still appears to be dominated by medium-term bullish sentiment, the possibility of a short-term decline exists. Yesterday, the golden daily line recorded a positive column with upper and lower shadow lines, ending three consecutive negative arrangements, showing the advantages of many parties. At present, the price continues to move between the short-term moving average and the Bollinger Band, and the Bollinger Bands are gradually opening. Although the short-term indicators are still testing downward, they deviate from the K-line pattern. The future trend of the daily line will give more clues in today's trading. Yesterday evening, $2,345 was cited as an important resistance level. Although the price once broke through, it failed to stand firmly. Fortunately, the price finally closed above $2,330, supporting the daily positive turn. Today's key point is $2,350. If it can be effectively broken through and stabilized, the staged upward support will be more solid. On the other hand, if it cannot be stabilized, prices may continue to fluctuate in the short term. The gold market as a whole shows a strong trend, but technical indicators show that there is a certain degree of overbought conditions and need to be repaired and covered. Although it is not necessary to completely cover $25, it is expected that the minimum level of cover will reach $10-15 to correct the overbought status. $2,300 is considered an effective support level. It should be noted that in the current situation of intensified market volatility, a single point of support or resistance is not the main basis for judging direction. Taken together, today's gold operation ideas are long and bullish around 2330, with the target looking at 2350. If it can effectively break through and stabilize, we will further pay attention to 2363-2372. The overall operation idea is to focus on longs on callbacks, supplemented by shorts on rebounds. The top focuses on the resistance range of 2363-2368, and the bottom focuses on the support range of 2330-2335.by JackBlackwellUpdated 15
What number will gold end the trading session at?Dear beloved readers, gold continued its recovery on the last trading day of the week, trading around $2,340 and marking a 0.3% increase for the day. As a result, the USD faced further disadvantages last night, creating momentum for the recovery of XAUUSD. In the short term, this metal continues to receive support from investors as it maintains a strong upward trend within the price channel, with a support level established at $2,330. The target is to reach the upper limit of the price channel, with gold potentially reaching $2,350 and possibly even higher by the end of the session.Longby RKarinaUpdated 22
What does gold promise in the near future?Hello dear friends, let's recap the gold prices from last week and strategize for the upcoming week. Overall, there was no surprising volatility in gold last week, as it adjusted from $2400 to $2338. This decrease followed the expected cyclical pattern in gold's movement, so there is no immediate reason to worry about this metal. In the past couple of days, gold has once again recovered as buyers successfully defended the support level around $2300 USD. Although this did not lead to any breakthroughs like we saw in previous price increases, it still demonstrates the strong strength of the upward trend. Looking ahead: Long-term outlook: Gold continues its upward trajectory, with a favorable target of $2500 USD. Short-term outlook: The precious metal has established a new support level, moving steadily around the EMA 34 and 89 lines, showing signs of convergence with the support line. Therefore, we can anticipate the possibility of price increases in the new trading week when the market reopens.Longby RKarinaUpdated 14
Weekly Analysis.. Gold really ready to rally again? 2360 is going to be the zone.. If respected, Possibly 2480 2530 open up If Broken, Possibly 2300 2250 Open Up.. Rest of the analysis on daily basisby DrAnandMUpdated 111133
Gold next move above 2330 bulls are in actionAs we are able to see gold is moving in bullish channel. till the time gold is moving above 2330 we can see 2355 2364 2374. Below 2330 again we can see 2310 2300 2290 2285. Plan accordingly, Happy Trading. 😉😉😉Longby vikasvasusharma2
GOLD SHOWING A GOOD UPWARD MOMENTUM It's showing a fall due to these reason It's retracted the support after the breakout 2.its getting support from neckline plus support making it's more stronger due to double support 3. The trendline also giving a support 4. Overall meaning is it's getting support from three point mean it's a good situation for buying A good move gonna show here Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram Follow for moreLongby tradergyan01335
Gold sell tradeGold is at 50 sms resistance zone at 4 hour timeframe. And 50% selling retracement zone. We can sell gold with 10 point SLShortby wosushant3