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Gold price falls today and then looks bullish!Today, gold rose and fell back to 3345, which was the high point on Friday. It was suppressed and fell sideways. From a technical point of view, the US market rose yesterday, and today's decline must continue to be bullish, but the position should not be too high or too low; if it is too high, there may be further decline, and if it is too low, there may be no reach. The bullish position should be in line with the overall running rhythm of gold. Personally, I suggest that you can buy around 3320-3321, defend 3310, and target 3340-3345. Focus on the rise of the European market. If the European market breaks through 3345 strongly, then you can continue to be bullish to 3360-3365; if the European market is always suppressed below 3345 and goes sideways, there is no performance, so you should consider selling, or there may be further retracement. Put your thoughts in the comments section
FOREXCOM:XAUUSDLong
by DonaldJohnson
A Buying Opportunity or Sign of a Bigger Correction?Gold Breaks Below 3300 – A Buying Opportunity or Sign of a Bigger Correction? 🧭 Market Update: Is the Sell-off Truly Dangerous? Gold saw a surprising reversal at the close of the US session yesterday after a sharp decline targeting the 329x liquidity zone, followed by a strong buying momentum that pushed the price back above this level. After testing the liquidity zone below 3300, significant buying volumes emerged at this price point, pushing the price back up. However, the market is still undecided about whether the bulls or bears will dominate at this stage. We are currently in an accumulation phase, with liquidity sweeps occurring at both the highs and lows, meaning traders should exercise caution and look for scalping points for appropriate entry and exit. Short-Term Outlook: Buy Bias Dominates Today In the short term, the buy bias appears stronger compared to yesterday. Focus on buying early at continuation patterns to capture the market's movement. The D1 candle from yesterday formed a wick rejection, showing that selling pressure has been absorbed and the buying momentum has returned in the short term. Therefore, be proactive and look for early buy opportunities. In the M30 timeframe, there is a solid continuation pattern forming in the 16-14 zone, which could serve as a good entry point today. If the price continues to drop, we’ll wait for a retest of the previous bottom at 03-00, and monitor for any strong downward momentum to confirm if the bearish trend will continue. On the other hand, if you’re considering sell positions, proceed with caution. As mentioned with the D1 wick rejection, the SELL pressure may have been absorbed, and BUY momentum could take over in the coming days. Avoid rushing into sell positions. Key Support & Resistance Levels: Key Resistance: 3342 – 3353 – 3362 – 3381 Key Support: 3330 – 3314 – 3303 – 3295 Scalping Opportunities and Buy Zones: BUY SCALP: 3316 – 3314 Stop Loss: 3310 Take Profit: 3320 → 3325 → 3330 → 3335 → 3340 → 3350 BUY ZONE: 3303 – 3301 Stop Loss: 3297 Take Profit: 3306 → 3310 → 3315 → 3320 → 3330 → 3340 → ???? Sell Opportunities and Caution on Bears: SELL SCALP: 3362 – 3364 Stop Loss: 3368 Take Profit: 3358 → 3354 → 3350 → 3345 → 3340 → 3330 SELL ZONE: 3380 – 3382 Stop Loss: 3386 Take Profit: 3376 → 3372 → 3368 → 3364 → 3360 → 3350 Key Takeaway: We are at a critical stage where both bulls and bears are vying for control. Will gold bounce from the support and continue its bullish trend, or will the sellers regain control and drag prices lower? Be patient and wait for clear price action signals before entering any trades. The market is currently in an accumulation phase, so avoid rushing into decisions. Focus on buying when clear confirmations appear at support zones and stay alert for sell rejections at key resistance levels. Good luck with your trades! 💬 What’s Your View on Gold Today? Do you believe gold is set to break 3390 and continue its bullish momentum? Or are we looking at a deeper correction towards 3270 in the coming days? 👇 Share your analysis and thoughts in the comments below! We’d love to hear your take on where gold is headed next!
OANDA:XAUUSDLong
by MMFlowTrading
1
Seize the correction: It’s the right time to short goldThe current rebound is only a technical adjustment rather than a trend reversal. The rebound in the falling market is a good opportunity to arrange short orders. The hourly chart shows that the moving average pressure continues to move down to around 3340-3345. This position also serves as the long-short watershed in the previous intensive trading area, forming a key resistance barrier. If the gold price rebounds and approaches the area below 3345 and a stagflation signal appears or a top structure is formed, it can be regarded as a clear short signal. It is recommended to enter the market to seize the downward space. The current market direction is clear, and the exhaustion of the rebound is the best time to enter the market. Relying on the technical pressure level, the short position can be accurately arranged.
OANDA:XAUUSDShort
by TP_Daniel
1
Gold fluctuates repeatedly, how to seize the opportunityIf the direction is right, you are not afraid of the long journey. Use time to witness your strength, use your strength to win the future, let trust become profit, and use profit to resolve doubts. The market is changing rapidly, and going with the trend is the kingly way. When the trend comes, just do it, don't go against the trend to buy at the bottom, so as not to suffer. Remember not to act on impulse when trading. The market is good for all kinds of dissatisfaction, so you must not hold orders. I believe many people have experienced this. The more you resist, the more panic you will feel, and the floating losses will continue to magnify, making you eat and sleep poorly, and you will miss many opportunities in vain. If you also have these troubles, then you might as well follow my pace and try to see if it can make you suddenly enlightened. Gold is concerned about the short-term pressure of the 3316 line above, and focuses on the pressure of the 3325 line. If the pressure above the 3325 line is not broken, then the possibility of gold further breaking through the lower space to 3295-3300 in the short term will also increase significantly. Therefore, the main line of gold operation is still based on holding shorts and rebounding shorts. Gold can rebound to the 3316 line and 3325 line before considering participating in short shorts. In terms of operation, we first pay attention to the support of the 3295-3300 line. If the lower support is broken today, the market will reverse to the short side. Otherwise, we will continue to rebound from the bottom and look for opportunities to go long. From the current trend of gold, pay attention to the support of the 3300-3295 line below, the short-term resistance above pays attention to the vicinity of 3316, and focus on the suppression of the line near 3325. The overall main tone of high-altitude low-multiple cycle participation remains unchanged. In the mid-line position, keep watching and do less, follow orders cautiously, keep the main tone of participating in the trend, and patiently wait for key points to participate. Gold operation strategy: 1. Go long on gold around 3330-3295, target 3315-3320. 2. Go short on gold around 3315-3325, target 3305-3300.
OANDA:XAUUSDShort
by TP_Daniel
1
GOLD ROUTE MAP UPDATEHey Everyone, Great start to the week with our levels being respected inline with our plans to buy dips. We started the week with our bearish target 3330 being hit followed with ema5 cross and lock opening 3306 inline with the retracement range. This was hit perfectly completing the retracement range, followed with the weighted level bounce now heading towards 3330. We still have the market opening bullish gap left at 3358 and will need a challenge and ema5 lock above 3330 to re-confirm this again. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3358 EMA5 CROSS AND LOCK ABOVE 3358 WILL OPEN THE FOLLOWING BULLISH TARGETS 3389 EMA5 CROSS AND LOCK ABOVE 3389 WILL OPEN THE FOLLOWING BULLISH TARGET 3416 EMA5 CROSS AND LOCK ABOVE 3416 WILL OPEN THE FOLLOWING BULLISH TARGET 3439 BEARISH TARGETS 3330 - DONE EMA5 CROSS AND LOCK BELOW 3330 WILL OPEN THE FOLLOWING BEARISH TARGET 3306 - DONE EMA5 CROSS AND LOCK BELOW 3306 WILL OPEN THE SWING RANGE 3283 3254 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
9
Firmly bearish below 3350 once again verifies the perfect idea!Gold price rose rapidly at the opening, reaching a high of 3342 before falling back. This kind of rapid pull needs special attention, because from the perspective of short-term trading, this is the trend pattern that needs the most vigilance. Looking back at the trend last Thursday, there was also a situation where the high could not be continued. Historical data shows that this kind of pull-up often lacks sustained momentum, and the subsequent upward space is limited. Combined with the recent trend, although the price rebounded on Monday and Tuesday, it basically maintained a volatile pattern in the following trading days, but the fluctuation range changed. Therefore, the market expects the trend to be repeated in stages, and the information of long and short interweaving makes it difficult for the market trend to continue. Today, the short position digested the second time at the opening and currently stepped back to the lowest 3305 line. In terms of operation, we first pay attention to the situation of 3303-3293. If the support below is broken today, then the market will reverse to the short position. Otherwise, we will continue to rebound from the bottom and look for opportunities to do more. From the current gold trend analysis, the support line of 3303-3293 is concerned below, the short-term resistance above is concerned about 3325-3330, and the suppression line of 3345-50 is focused on. The overall main tone of high-altitude low-multiple cycle participation remains unchanged. In the mid-line position, keep watching and do less, follow orders cautiously, and wait for the opportunity to enter the market after the key points are in place. Gold operation strategy: 1. Go long near 3293-3303 for gold, and the target is 3315-3320. 2. Go short near 3320-3330 for gold, and the target is 3310-3300.
OANDA:XAUUSDShort
by TP_Daniel
1
Weekly range to be continued, gold short and long this weekLast week, gold opened high at 3280.9 at the beginning of the week and then fell back. The weekly low reached 3245.8, and then the market was strongly pulled up by the support of this round of trend line and fundamentals. On Thursday morning, the weekly high touched 3366, and then the market fell strongly under the strong influence of non-agricultural data. On Friday, the market consolidated in the range due to the holiday, and the weekly line finally closed at 3337.2. The weekly line closed with a medium-sized positive line with equal upper and lower shadows. After ending in this pattern, today's market continued to move in the range. In terms of points, the stop loss was still at 3346 after the short position at 3342 last Friday. Today, it first rose to 3342 and the short stop loss was still 3346. The target below is 3330 and 3322. If it falls below, the support of 3310 and 3300-3292 will be targeted.
TVC:GOLDShort
by AIan_Gold
1
Gold continues to fluctuate, where will it go next week?Fundamental analysis: With the Trump administration's massive tax cut and spending bill officially implemented, the U.S. Treasury may start a "supply flood" of short-term Treasury bonds to make up for the trillions of dollars in fiscal deficits in the future. The market has begun to respond to future supply pressures. Concerns about the oversupply of short-term Treasury bonds have been directly reflected in prices - the yield on 1-month short-term Treasury bonds has risen significantly since Monday this week. A closer look at non-agricultural new jobs exceeded expectations, but nearly half came from government departments, which is likely to reverse in July. Slowing wage growth, declining total working hours, stagnant wage income growth, and worrying consumer spending are all signs of support for gold. Gold bottomed out and rose from the low of 3245 this week, and then soared all the way to 3365. Finally, the weekly line closed with a positive line with an upper shadow. From the overall trend, after the data is digested, next week will still be treated with a volatile mindset. The large range will focus on the 3280-3393 area. If it does not break, it will still be mainly a sweeping operation. On the daily line, it also closed with a positive line with a long upper shadow, and closed firmly above 3323. It repeatedly tested the pressure of 3345 and did not break and fell back. The structure still maintained an oscillation rhythm within a small range. From the 4-hour cycle, the Bollinger Bands closed significantly. If it opens normally next week, pay attention to the 3325-3315 and 3311 areas when it falls back to support, and pay attention to the 3357 and 3365 positions when it hits the high pressure. It is recommended to maintain the strategy of selling high and buying low in operation and respond to the trend.For more specific operational details and strategy updates, please pay attention to the notifications at the bottom 🌐 and follow them in time.
OANDA:XAUUSDLong
by TP_Daniel
13
GOLD 1H CHART ROUTE MAP UPDATE & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between two weighted levels with a gap above at 3358 and a gap below at 3330. We will need to see ema5 cross and lock on either weighted level to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3358 EMA5 CROSS AND LOCK ABOVE 3358 WILL OPEN THE FOLLOWING BULLISH TARGETS 3389 EMA5 CROSS AND LOCK ABOVE 3389 WILL OPEN THE FOLLOWING BULLISH TARGET 3416 EMA5 CROSS AND LOCK ABOVE 3416 WILL OPEN THE FOLLOWING BULLISH TARGET 3439 BEARISH TARGETS 3330 EMA5 CROSS AND LOCK BELOW 3330 WILL OPEN THE FOLLOWING BEARISH TARGET 3306 EMA5 CROSS AND LOCK BELOW 3306 WILL OPEN THE SWING RANGE 3283 3254 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
24
GOLD 4H CHART ROUTE MAP UPDATE & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between two weighted levels with a gap above at 3301 and a gap below at 3242. We will need to see ema5 cross and lock on either weighted level to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3364 EMA5 CROSS AND LOCK ABOVE 3364 WILL OPEN THE FOLLOWING BULLISH TARGETS 3429 EMA5 CROSS AND LOCK ABOVE 3429 WILL OPEN THE FOLLOWING BULLISH TARGET 3499 EMA5 CROSS AND LOCK ABOVE 3429 WILL OPEN THE FOLLOWING BULLISH TARGET 3499 EMA5 CROSS AND LOCK ABOVE 3499 WILL OPEN THE FOLLOWING BULLISH TARGET 3561 BEARISH TARGETS 3295 EMA5 CROSS AND LOCK BELOW 3295 WILL OPEN THE SWING RANGE 3242 3171 EMA5 CROSS AND LOCK BELOW 3171 WILL OPEN THE SECONDARY SWING RANGE 3089 3001 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
4
GOLD DAILY CHART ROUTE MAP Hey Everyone, Please see update and plans for the coming week on our Daily chart idea that we have been tracking. After wrapping up last week and actively tracking the 1h and 4h structures throughout last week within the daily chart overall structure. This brings everything together and reminds us how the broader structure has continued to evolve in our favour. The bounce off at 3272 that we outlined has now fully played out, showing yet again how critical these Goldturn levels are in guiding our strategy. Following the clean rejection at the channel top near 3433, price moved precisely into the 3272 support, where we were focused on structure to hold. That level held beautifully, giving us a strong technical base for upward continuation. As we head into the new week, we’ve once again seen price find support at 3272, with a clean bounce that opens up the potential for price to fill the gap back toward 3433, as long as EMA5 remains above 3272. This dynamic will be a key technical trigger for us to monitor in the coming sessions. There was no EMA5 cross and lock breakdown, which confirmed that buyers maintained control at this level. That absence of breakdown was our confirmation that the bounce structure was not only valid, but likely to continue unfolding into the new week. As price grinds its way back up the channel, we’ll keep watching for reactions at key resistance zones, with special attention to 3433, the channel top. The measured structural reaction from 3272 has been perfect and supports our method of trading level to level, always with patience and discipline. Key Levels to Watch This Week: 🔼 Resistance: 3433 (channel top, gap target) 🔽 Support: 3272 (confirmed bounce zone) Thanks again for all the support, likes, comments, and follows are always appreciated. Wishing you all a strong start to the week ahead! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
5
GOLD MONTHLY CHART LONG TERM/RANGE ROUTE MAPHey Everyone, We’ve just released our new Monthly Chart idea, which we’ll now be tracking following the successful completion of our previous long term monthly chart idea. That one played out beautifully, and now it’s time to shift focus to the next big setup. Currently, price is trading above the channel midline, and we’ve also seen an important EMA5 cross and lock above 3099, with a candle body close confirming a long term gap above at 3557. While this confirms the bullish long term structure, we’re also mindful of the potential for a short term retracement, particularly around the EMA5 detachment zone (highlighted with a circle on the chart). This would offer a healthy dip opportunity, aligning perfectly with our strategy to buy into weakness on the way up. For the bigger structure to remain intact, we’ll be looking for 3099 to continue holding as key structural support. As long as that level is respected, the long term gap toward 3557 remains firmly in play. This is a higher timeframe idea that we’ll be building on as structure continues to unfold. We will continue to use all support structures, across all our multi time frame chart ideas to buy dips also keeping in mind our long term gaps above. Short term we may look bearish but looking at the monthly chart allows us to see the bigger picture and the overall long term Bullish trend. As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
FOREXCOM:XAUUSD
by Goldviewfx
7
GOLD (XAUUSD): Support & Resistance Analysis For Next Week Here is my latest structure analysis and important supports and resistances for Gold for next week. Resistance 1: 3356 - 3368 area Resistance 2: 3391 - 3403 area Resistance 3: 3443 - 3452 area Resistance 4: 3493 - 3501 area Support 1: 3230 - 3274 area Support 2: 3120 - 3177 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by VasilyTrader
5
Gold fluctuates frequently, how to seize the opportunity?We started high-altitude layout from 3365. We took the lead in seizing this wave of decline opportunities and firmly held the bearish view. We harvested short orders all the way to 3325. The gold short orders were continuously stopped at profit, and the rhythm was very steady. The current market fluctuated repeatedly and the direction was chaotic, but we always insisted on executing the strategy - do it when you see it, and you can reap good rewards if you can hold it. Although there is support and resistance at the 3333 line in the short term, it is not recommended to chase more. The risk is relatively large. The key is to step back more. Wait for the 3325-3315 area to consider laying out long orders. We do not do dead shorts, nor do we blindly do more. We always maintain flexible response and rational judgment on the market. From the current trend of gold, pay attention to the short-term support of 3325-3320 below, focus on the support position of 3315-3310, and pay attention to the short-term resistance around 3345-3350 above. The overall main tone of high-altitude low-multiple cycle participation remains unchanged. In the mid-line position, keep watching and do less, chase orders cautiously, and wait for the opportunity to enter the market after the key points are in place. For more specific operational details and strategy updates, please pay attention to the notification at the bottom 🌐 and pay attention in time. Gold operation suggestions: 1. Go long near 3325-3315, target 3335-3345. 2. Go short near 3340-3350, target 3330-3320.
OANDA:XAUUSDLong
by TP_Daniel
1
GOLD ROUTE MAP UPDATEHey Everyone, Great finish to the week!! We will now finish off with the Daily chart update, after following the 1h and 4h chart throughout the week. This will now remind everyone, how we broke down the overall structure into play. The bounce scenario off 3272 has now officially played out, just as outlined. After the clean rejection at the channel top near 3433, price moved precisely into the 3272 Goldturn support, where we were watching closely for structure to hold. That level held beautifully, providing a solid base for this week’s strong push upward. This reaction once again highlights the precision and reliability of the Goldturn levels - 3272 acted as a critical pivot, and the market respected it perfectly. We didn’t get an EMA5 cross and lock breakdown, confirming that buyers were still in control at this support, and that was our green light for bounce structure to unfold. As price grinds its way back up the channel, we’ll continue to monitor reactions at key resistance zones. The measured structural move from 3272 reinforces our approach of trading level to level with patience and confirmation, not emotion. We’ll be back Sunday with a full multi timeframe analysis to prepare for next week’s setups including updated views on the higher timeframes, EMA alignments, and structure expectations going forward. Key Levels to Watch: Resistance: 3433 (channel top) Support: 3272 (confirmed bounce zone) Thanks again for all your likes, comments, and follows. Wishing you all a fantastic weekend!! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
8
Maintain range fluctuations during the day?Gold has maintained a volatile pattern recently. As the US market is closed today for Independence Day, the market volatility is expected to be limited, but the volatile market will continue, but the volatility range may change. Yesterday's gold price fell mainly due to the news, and this decline usually does not last too long. From a technical point of view, gold prices are supported near 3310-3300, which is the key support level today. It is worth noting that on Wednesday, gold prices were under pressure in the 3340-3350 area, and on Thursday, prices formed support in this range, indicating that the area is forming a top-bottom conversion. Therefore, 3340-3350 has become an important pressure level today. It is expected to fluctuate in the 3300-3340/3350 range during the day. The impact of news on gold prices is usually short-term. When the fundamentals and technical directions are consistent, price fluctuations will be more obvious. When the two are inconsistent, price fluctuations will weaken, but will not change the technical trend. The rebound pattern established at the beginning of the week is still valid. After a short-term shock, gold prices are expected to re-stand above 3345 and continue to maintain the rebound trend.
OANDA:XAUUSDShort
by TP_Daniel
GOLD (XAUUSD): Potential Scenarios Explained Here is my updated technical outlook for Gold with potential scenarios. Bullish Scenario The price is currently testing a significant daily resistance cluster. Its bullish breakout and a daily candle close above 3368 will provide a strong confirmation. More growth will be expected then. Bearish Scenario For now, the market is consolidating on the underlined resistance. The price is stuck within a horizontal range on a 4H time frame now. Your bearish signal will be a breakout of its support and a 4H candle close below 3310. It will provide a strong bearish confirmation. The market might be weak and remain within a 4H range today. But, everything can happen, so watch carefully. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by VasilyTrader
1
How to grasp the key entry opportunity in the gold market?The market is changing rapidly, and going with the trend is the kingly way. When the trend comes, just do it. Don't buy at the bottom against the trend, so as not to suffer. Remember not to act on impulse when trading. The market is good at dealing with all kinds of dissatisfaction, so you must not hold on to orders. I believe many people have experienced this deeply. The more you resist, the more panic you will feel, and your floating losses will continue to magnify. You will not be able to eat or sleep well, and you will miss many opportunities in vain. If you also have these troubles, then you might as well keep up with my pace and try to see if it can make you suddenly enlightened. The non-agricultural data was unexpectedly cold, with a large negative impact. The stochastic indicator in the daily chart formed a golden cross, which was a main multi-signal. The BOLL range shrank, and the range shrank to 3418-3280. This range is the main range. The price pierced up and down the central axis and hovered, waiting for the news data to stimulate. The upper track of the 4-hour Bollinger band is at $3380, and the integer mark of $3400 is also near the high point of gold prices last week. The 5-day moving average and the MACD indicator cross upward, and the KDJ and RSI indicators cross upward. In the short-term technical aspect, gold has a trend of further rebound. At present, the upper resistance is at 3360-3365, and the support position is around 3310-3300. Gold operation strategy: It is recommended to go long near 3312-3315, with a target of 3330-3340. It is recommended to go short once it touches 3340 for the first time, with a target of 3320-3310.
OANDA:XAUUSDLong
by TP_Daniel
How to accurately grasp gold trading opportunities?Gold rebounded as expected, and fell under pressure at the 3295-3296 line during the European session. This position was the key resistance level for the previous top and bottom conversion, and the range shock pattern continued. In terms of operation, the high-altitude and low-multiple ideas remain unchanged, and we will continue to pay attention to the short opportunities after the rebound. 📉 Operational ideas: Short orders can be arranged in batches in the 3295-3311 area, and the target is 3280-3270 area; If the support below 3260-3255 is effective, you can consider taking the opportunity to reverse long orders and participate in short-term. 📌Key position reference: Upper pressure: 3295, 3311 Lower support: 3278-3275, 3260-3255 Gold strategy idea suggests shorting at 3291-3293, perfectly capturing the rebound high point! Smoothly reached the profit target of 3275, gaining 18pips! If you are not able to flexibly respond to the market in trading, and are not good at adjusting your trading ideas and rhythm in time with the market rhythm, you can pay attention to the bottom notification 🌐 to get more specific operation details and strategy updates. Let us work together to flexibly and steadily pursue more profits in the ever-changing market!
OANDA:XAUUSDShort
by TP_Daniel
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone, Please see our 4H chart update, following on from our 1h chart update. Once again, no surprise with our levels playing out to perfection!! We started the week with both our Bearish 3242 and Bullish 3301 targets hit. This followed with a ema5 cross and lock above 3301 to confirm a continuation into 3370. We got the push up, over 600 pips but just short of the full gap to 3370. We are now seeing playing between 3301 and 3370, keeping in mind the full gap to 3370 remains open, as long as ema5 remains above 3301. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3301 - DONE EMA5 CROSS AND LOCK ABOVE 3301 WILL OPEN THE FOLLOWING BULLISH TARGETS 3370 EMA5 CROSS AND LOCK ABOVE 3370 WILL OPEN THE FOLLOWING BULLISH TARGET 3429 EMA5 CROSS AND LOCK ABOVE 3429 WILL OPEN THE FOLLOWING BULLISH TARGET 3499 BEARISH TARGETS 3242 - DONE EMA5 CROSS AND LOCK BELOW 3242 WILL OPEN THE FOLLOWING BEARISH TARGET 3171 EMA5 CROSS AND LOCK BELOW 3171 WILL OPEN THE SWING RANGE 3089 3171 EMA5 CROSS AND LOCK BELOW 3171 WILL OPEN THE SECONDARY SWING RANGE 3089 3001 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
13
High-level fluctuations do not change the bullish trendThe 4-hour level shows that the gold price turned to high-level fluctuations after testing the upper track under pressure yesterday. There is still room for upward movement after the structure is completed. The 1-hour moving average system shows a golden cross divergent bullish arrangement, indicating that the short-term upward momentum is sufficient. The gold price continued to rise in the morning and hit a new high. The trend maintains a bull-dominated pattern. Although there was a correction in the US market yesterday, it stopped falling and stabilized at the key support level of 3330-3325 and broke through the previous high, further confirming the short-term strength. Therefore, once it pulls back to the upper area of ​​3335-3325, it will constitute a dip-buying opportunity. The intraday operation strategy recommends that the pullback be mainly long and the rebound short. The short-term support below focuses on the 3335-3325 range, and the upper short-term resistance level is 3365-3375. Operation strategy: 1. Gold recommends long pullback near 3335-3325, with a target of 3350-3360. 2. It is recommended to short gold when it rebounds around 3365-3375, with the target at 3350-3340.
OANDA:XAUUSDLong
by TP_Daniel
Non-agricultural week gold long and short game！From the 4-hour trend of gold, the key position of 3300 is the core basis for judging the short-term trend. The current 4-hour watershed is in the 3300 area. The gains and losses of this position will determine the direction of the short-term trend. Before it breaks through effectively, the short-term pressure judgment is maintained; if it breaks through, it is necessary to turn to the daily resistance level. The MACD indicator crosses and the short-term momentum column continues to increase, indicating that the price has further downward momentum. The price of the 4-hour cycle runs along the downward channel. Although the MACD indicator forms a cross below the zero axis, the short-term energy column shows a shrinking trend. There is a technical oversold rebound demand in the short term.
FOREXCOM:XAUUSDLong
by DonaldJohnson
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