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Goldtrend

The 3400 mark will be the key for next week!Gold has been up and down this week, and the shock wash has intensified. It bottomed out and rebounded at 3282, and then steadily pulled up. After a slow rise to 3368 on Friday, the retracement was limited, and finally closed at 3355. So can gold be expected to be strong? Is it possible to reach 3400 next week? From the trend point of view, it is too early to say that it will turn strong. 3400 is an insurmountable barrier. Only by breaking through 3400 can we see a stable strong bull. If it is suppressed below 3400, the bulls will not be stable and may fall back at any time. We can only see large range fluctuations. From the overall trend point of view, gold is currently fluctuating widely in the large range of 3250-3400. It is safe to buy below 3300, and it is easy to go up. After all, it is still upward in the long run. Next week, we will focus on the gains and losses of the 3400 mark. It is not recommended to chase the high position directly on Monday. On the one hand, the interruption of the market after the weekend holiday can easily cause discontinuous rise. In addition, after three consecutive positive lines on the daily line, there will either be a negative correction and a fall, or a large positive volume. Combined with the current trend and rhythm of gold, be careful of a high-rise fall, and it is easy to get trapped by chasing long positions at high positions. Don't feel that it will soar as soon as it rises, and the high point of 3500 seems to be within reach; don't feel that it will fall sharply as soon as it falls, and the 3000 mark is not a dream. We should stay away from those who sing long when it rises and sing short when it falls. The direction is not because you see it, so you believe it, but because you believe it, so you see it. There will always be a time when you chase the rise and sell the fall and you will return with nothing. Moreover, the high point of 3365 has not formed a substantial break and stabilized. On Monday, we still need to focus on the gains and losses of this position, so we need to look at it from two aspects: 1. If it rises directly at the opening, pay attention to the pressure near 3370-3380 and you can go short, and the target is 3350-3340! 2. If the market falls back at the opening, go long around 3340-3330, with the target above the high point of 3360-3368.
OANDA:XAUUSDLong
by Trade-Daniel
Where will gold go? A key turning point is coming!I would like to share with you my views on gold next week and the trading situation this week. Please be sure to pay attention to the bottom area. For operations next week, be cautious when going long and focus on guarding against high altitudes! Relying on the 4-hour step-by-step rising rhythm, the low-long target can see the 3400 integer mark at most. On Friday, gold rose to nearly 3370, only 30 US dollars away from 3400. The daily K level is about to enter the over-inflation zone. The price is very likely to usher in a sharp correction near the 3390-80-70 mark. Warm reminder, the daily K Bollinger channel is closing, don't expect too much of a big rise, Powell's hawkish policy still exists. To put it bluntly, the market is still volatile at a large level, don't blindly shout the general direction of the bulls! The 4-hour short-term level is severely overbought. Normal positions next week can arrange short orders at the 3370-3390 level. I judge that the long space is nearing the end. Long orders are only recommended to try long positions near 3350-3340, with a target of 3370-80. The key point is to continue to arrange short positions at high levels. Once 3340 is broken, the 4-hour step-up rhythm will be interrupted. At that time, the rebound will continue to be short. The target will first look at the 4-hour middle track support of 3320. Continue to hold short positions if it breaks. The long-short watershed reference is 3320! In summary, if the market opens lower next week, you can participate in a long position in the 3350-3340 area, and remember to set a stop loss; if it opens higher, arrange short positions in batches in the 3370-3390 area! This is the main idea for next week, I hope it will be helpful to you! For more specific operational suggestions, I will update them as soon as the market opens next week. Welcome everyone to communicate and interact!
OANDA:XAUUSDShort
by TP-Daniel
1
Where will gold prices go at the weekly close?The mentality of trading is very important. At the same time, you must have clear ideas and decisive actions. Gold has been in a state of rapid growth. Many people are easily led to big losses by a small mistake. If you are worried about the loss at this time, you can choose to observe our daily operations in the group. The operations in the group are reasonable and well-founded, with real-time current price orders, and the returns are also considerable. Everyone is welcome to come and verify. Gold risk aversion has driven gold to strengthen. The current bullish trend of gold is strong. The decline during the US trading session is still dominated by long positions. Technically, the 1-hour moving average forms a golden cross upward, indicating sufficient bullish momentum. After the gold price breaks through, it is confirmed that the support level of 3330 is effective, and the short-term support structure has been formed. It is recommended to wait for the second opportunity for the gold price to step back! Although the 1-hour chart shows that the current trend remains strong and the step-back amplitude is small, it is necessary to maintain a cautious attitude-even if the market is strong, it is not recommended to chase more, and it is necessary to guard against the risk of a deep correction in the gold price. In terms of operation, it is reminded that you can focus on the support level below: the first support level is 3345 (bull-bear watershed). If it falls below, pay attention to the key support of 3330. If the gold price falls back to around 3345 and stabilizes, you can consider a light position to try more.
OANDA:XAUUSDLong
by TP_Daniel
Although the bulls are strong, don't chase them at high levelsGold trend analysis: The market is fluctuating repeatedly now, and it is possible to rise or fall, but under the bullish trend, the main force is still rising. Therefore, this week's trading is to fall back and do more at a low price. Whether it is the previous 3285, 3306, or 3315, there are good profits. Although it is temporarily unable to break out of the bullish volume, at least the trend remains unchanged, and there will definitely be a large upward space in the future. Today is Friday, and we still pay attention to the possibility of bullish volume. This week, we have been emphasizing that if it rises during the week, we will see the 3370 high point. If 3370 breaks, there are still 3380 and 3400 above. On Friday, we will see whether this idea is realized. From a technical point of view, there was a sharp pull this morning, with the big sun breaking through the upper track of the downward channel 3326 in the above figure, and then stepping back to confirm stabilization and bottoming out, which means that the breakthrough is effective, so you can directly follow the bullish trend in the morning, and during the European session, it repeatedly went up and down around the 3345-3332 range. With the experience of yesterday's trend, today we have been waiting for it to approach the 10-day moving average and then continue to be bullish on dips, and the entry point is basically good; currently it has broken through the resistance level of 3345 in the European session, so it depends on whether it can stand directly on it tonight. Once it stands, it can gradually rush to 3370, and the second is 3374, etc.; Of course, if it just pierces but does not stabilize, it will continue to spiral slowly upward around the yellow channel in the figure, so continue to wait patiently for the 10-day moving average, which is also the lower track position to grasp the low and long; Therefore, tonight gold 3345-3333 continues to rise on dips, with 3330 top and bottom positions as nodes, resistance at 3370, further resistance at 3374, etc.; If there is an unexpected big negative inducement to empty the market like yesterday, pay attention to stabilization above 3320 and still bullish; Gold operation strategy: It is recommended to go long when it falls back to 3333-3345, and the target is 3360-3370.
OANDA:XAUUSDLong
by TP_Daniel
Try shorting once below 3355!The market closed at 3326 on Thursday and still failed to break through the small range of long and short positions. The overall market is in a strong bullish trend and this trend indicates the possibility of a breakout in the future. In this week's trading example, after confirming that the 3315 low support is effective, a short-term long operation was successfully carried out below the area and profited. The picture and truth can be checked in the article on Thursday. In the short term, continue to pay attention to the range shock and pay close attention to the breakthrough direction of key points. The first thing to pay attention to is the strong pressure of 3355. If it breaks through and stands firmly at this position, it will open up further upward space, and the potential target can be seen in the 3365 or even 3400 area. On the contrary, if the gold price is always under pressure below 3355, the market is likely to continue the current shock and consolidation rhythm. Therefore, breaking through the 3355 mark will be a key signal to judge whether the market can release significant upward momentum in the future. Before the effective breakthrough, continue to intervene in the low-long opportunity at the 3325-15 support level of the shock range. On the upper side, you can arrange short positions at 3345-3455.
OANDA:XAUUSDShort
by TP_Daniel
How to seize gold trading opportunitiesNews: On Friday (July 11) in the Asian time zone, US President Trump posted a "tariff change" on social media, announcing that a 35% tariff would be imposed on all Canadian goods from August 1, a 10 percentage point increase from the current rate. This decision was like a thunderbolt, instantly igniting the market's risk aversion sentiment, and the spot gold price soared, reaching a high of $3,344 per ounce during the session. Although Trump extended the tariff agreement to August 1, which once suppressed the gold price, he subsequently stated that it would not be extended after the expiration, and launched further tariff attacks after the expiration, announcing a new 50% tariff on copper imports from the United States and a 50% tariff on goods from Brazil, which increased concerns about tariff risks and pushed the gold price to rebound from the bottom; Gold trend analysis: The market is fluctuating repeatedly now, and it is possible to rise or fall, but under the bullish trend, the main force is still rising. Therefore, this week's trading is to fall back and do more at a low price. Whether it is the previous 3285, 3304, or 3317, there are good profits. Although it is temporarily unable to break out of the bullish volume, at least the trend remains unchanged, and there will definitely be a large upward space in the future. Today is Friday, and we still pay attention to the possibility of bullish volume. This Monday has been emphasizing that if it rises during the week, it will look at the 3345 high point. If 3345 breaks, there are still 3365 and 3400 above. Friday will see whether this idea is realized. From a technical point of view, all cycles are obviously bullish now. The daily line bottomed out on Tuesday, and Wednesday and Thursday were all small broken Yang rising. If it continues, we will first see whether the daily Bollinger middle rail 3345 pressure is broken. After the break, the big Yang closes high. This wave of rise may reach 3400. Therefore, the daily cycle has a lot of room for growth and should not be taken lightly. The H4 cycle needs to see whether today's rise can break 3345, because if it breaks 3345, there is a possibility of the upper rail opening. After the upper rail opens, gold will have a unilateral trend. Therefore, today's bullish target is 3345. If 3345 is not broken, there is still a possibility of a decline. If 3345 breaks, there will be 3365 and 3400 above. Here, it is clearly bullish and optimistic about the break of 3345. After determining the direction, the trading idea on Friday is also clear. It must be mainly long on the decline. The support below is 3320-3310. Don't chase more in the European session. Trade again if there is a decline. Gold operation strategy: It is recommended to go long if it falls back to around 3315-3325, with the target at 3335-3345; it is recommended to consider shorting if it touches 3345 but does not break, with the target at 3335-3325.
OANDA:XAUUSDLong
by TP_Daniel
1
Gold has a big win this dayNews: In the early Asian session on Thursday (July 10), spot gold fluctuated slightly higher, once regaining the 3320 mark, and is currently trading around $3323/ounce. On Wednesday, gold prices rebounded strongly after hitting a two-week low of 3282.61, closing at $3313.38/ounce, showing strong momentum for recovery. Trump extended the tariff agreement to August 1 and began to collect tariffs again. Although it eased market tensions, his remarks will not be extended after the expiration, and he issued tariff threats, which increased global trade uncertainty and pushed up risk aversion. The market is still facing economic and inflation concerns brought about by tariffs, which will also weaken the dollar and support gold prices. Analysis of gold trend: After the full-day trend of gold on Wednesday, the lowest price was 3282 and the highest price was 3322, with a range of $40, so the bullish strength has come out. However, Li Siyu would like to emphasize here that gold is in a bullish trend for the time being, but it is not an absolute unilateral trend, but a fluctuating trend under the bullish trend. There are opportunities both up and down on Thursday. If it rises, you can look at 3345, and if it falls, you can look at 3285. Therefore, before there is an absolute strong unilateral rise, it is recommended that everyone keep looking at this wave of gold fluctuations. However, today's market is more important. Today is Thursday, and Thursday is often the node of the weekly change time. Today is likely to continue the rebound on Wednesday and continue to rise. From a technical point of view, the daily line closed positive under the rebound of 3282 and stood firmly above the lower Bollinger track. If it continues to close positive on Thursday, it is necessary to pay attention to the suppression of the middle Bollinger track, that is, the high point of 3345. After breaking through, there will be another wave of rise on Friday, and you can see 3365 and 3400. Therefore, today's gains and losses of 3345 are crucial. The strong rebound in the H4 cycle is quite obvious. When it falls, it is very weak and continuous. When it rises, it is very strong and continuous. It depends on whether the continuous positive trend on Thursday will continue. Now the K-line stands firmly on the middle track of Bollinger. If it continues to rise, the high point of the upper track is around 3340-3345. In principle, the continuation of the long position will test the high point of the upper track. Therefore, it is still possible to go long today. Of course, it is not an absolute long trend now, so don't chase the rise. The support below the small cycle is around 3310-3300. If it falls back to this price, you can continue to go long. Clearly define the target. Today, we will see the gains and losses of 3345.
OANDA:XAUUSDLong
by TP_Daniel
Repeated cycle, timing is keyMarket fluctuations are oscillating about 70% of the time, and only about 30% of the time are unilateral upward or downward, so accumulating small victories into big victories is the magic weapon for long-term success. What we need to do is to plan our positions well, and make this investment with a plan, direction, and guidance. A good trader will make your investment journey smoother. How to operate in a volatile market? The ancients said: Do not do good things because they are small, and do not do evil things because they are small. If we move it to financial management, it can be understood as: Don't be too greedy, enter the market in batches. When entering the market and covering positions, the position should be small. Although the profit is less, accumulating small victories into big victories is the key to success. The investment philosophy is composed of the investor's psychology, philosophy, motivation, and technical level. It mainly includes: stability, patience, independent thinking, discipline, trend, etc. Judging from the current trend of gold, in the 4H cycle, it has touched 3330 many times under pressure, and the K-line has continuously closed with upper shadows, which is quite similar to yesterday's rhythm. So we must first look at the strength of the decline. The support below is at 3314 and 3306. In terms of operation, it should be treated as mainly long and auxiliary short. The upper pressure still focuses on the gains and losses of 3330.
OANDA:XAUUSDLong
by TP_Daniel
Gold shows signs of slowing down, are the bears ready?This wave of bullish pull-up is a complete rebound. With the help of the timeliness of fundamentals, the highest rebound only reached around 3330 and then began to fall. At this time, many people probably think that the short-term trend has begun to change. I still stick to my bearish thinking. The important target pressure is definitely around 3330. As long as this position is under pressure and falls back to 3280 again, it will be shaky. At present, the stop loss is based on the break of 3335. If it really breaks, it will be similar to the break of 3280. Even if 3340-3345 is short, it is also a short-term bull correction. If the falling channel is broken, I can't convince myself to continue to be short and stick to it. Once 3335 breaks, I can really confirm the reversal of the short-term trend. Then 3280 will also be the bottom of the medium term. In short, since I am shorting near 3320-3330 in the direction of the band and the short-term negative, I think that the stop loss will be given to 3335. The stop profit target is uncertain. The channel has not been broken. Now the short-term long and short conversions are frequent. It is definitely the best choice in my own trading system. No one will win all the time. It is too fake to win all the time. Make your moves according to your own ideas without regrets. If this wave of strategy verification fails, everyone is welcome to supervise. We dare to take responsibility and review every judgment.
OANDA:XAUUSDShort
by TP_Daniel
1
The risks of shorting at low levels have been informed!Today, I have reminded you many times not to chase short positions at low levels. Now you can see that gold has bottomed out and rebounded. We also bought gold in batches at 3285-3295, and the long positions also made perfect profits. I believe that friends who follow my articles can see that I have always emphasized not to short at low levels. It is also obvious to everyone that we bought long positions near 3295-3285. In the future, we will continue to pay attention to the suppression of the upper 3318-3325 line. If the rebound does not break, we will look for opportunities to short. I hope everyone can grasp the entry position and hold the profit. The rebound will first look at the previous break point of the 3325 line, and then short when the rebound is suppressed! If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate with me! From the current analysis of gold trend, today's upper short-term resistance focuses on the hourly top and bottom conversion position of 3318-3325. The intraday rebound relies on this position to go short once and look down. The lower short-term support focuses on 3280. The overall support relies on the 3280-3325 area to maintain the main tone of high-altitude low-multiple cycles. In the mid-line position, keep watching and do less, be cautious in chasing orders, and wait for the opportunity to enter the market after the key points are in place. Gold operation strategy: short gold rebounds near 3318-3325, target 3305-3295.
OANDA:XAUUSDShort
by TP_Daniel
1
Gold lures shorts, mainly depending on the rebound.On Monday, the gold market rebounded. The root cause was that Trump sent tariff letters to 14 countries at one time. Even allies such as Japan and South Korea were not spared and were subject to high tariffs of 25% to 40%. This "extreme pressure" trade method instantly ignited the market's risk aversion sentiment. Funds poured into gold, pushing up gold prices. The market quickly saw through the "routine". On Tuesday, Trump extended the tariff deadline from July 9 to August 1. This delay was seen as a signal of "surrendering" under trade pressure, and trade tensions were eased. The safe-haven demand dissipated like a receding tide, and gold was sold off violently, plummeting by $35 in a single day, a drop of more than 1%, and the lowest fell to $3,287.2 per ounce. On Tuesday, the price of gold showed a trend of rising and falling. It reached a high of 3245 in the morning and then gradually fell. It fell to 3287 and then stopped falling and rebounded. As it failed to break through the key resistance level of 3345 and the price continued to be unable to stand firm on the middle track, the bulls' rebound momentum was insufficient. Yesterday's daily line closed with a large Yin line in the engulfing pattern. This K-line combination indicates that the gold price may continue to fall today. The focus below is on the support strength near the lower track 3280. The upper resistance level needs to pay attention to the 3320-3330 range. Today's daily closing is crucial. If the real big Yin line continues to close, it may drive the Bollinger Band to open downward and further open up the downward space; if the closing can stand above 3330, the short-term downward trend may end and the market is expected to restart the rise. From the weekly perspective, the gold price showed an obvious oscillation pattern this week. After rising on Monday, it fell back on Tuesday. The bulls and bears fought fiercely but failed to gain a decisive advantage. Although the current market is weak, the price is close to the important support area. In terms of operations, it is recommended that under the premise of controlling risks, you can now pay attention to the opportunities to buy on dips in the 3295-3285 area.
OANDA:XAUUSDLong
by TP_Daniel
Gold price plunges by $30 at openingGold fell sharply at the opening of the morning session, with the intraday high and low price difference exceeding 30 US dollars. The positive factors over the weekend failed to reverse the bullish trend, and the bearish forces prevailed. Gold fell sharply in the last week of June, and bottomed out and rebounded in the first week of July. The market is in fierce competition between bulls and bears, and the volatile pattern has not changed. At present, gold has fallen below the non-agricultural low of 3311, and the market is weak. There is a high probability of a high and fall in the future. The short-term resistance is in the 3325-27 area, which is the intraday strength and weakness watershed; the 3343-45 area is the key boundary between bulls and bears. If it is not broken, it will fall back. If it breaks through, it is expected to hit 3365, 3380 or even 3400. The current support below is 3295-3290, and the resistance above is 3317-3323. It is recommended to do more in the callback.
FOREXCOM:XAUUSDLong
by JoyLouise53
Gold bottomed out and rebounded to fluctuateGold, the price opened at 3342 in the morning and then fell back. The article emphasizes the bearish structure of the 4H chart, and the bearish trend continued to 3311-3295 in the afternoon; the actual price fell to 3296 and then rebounded in the evening, and the 4H chart closed at 22:00 and turned into a big positive, and it will rebound and fluctuate at night; Short-term support 3306-3300, strong support 3296; short-term resistance 3322-3326, strong resistance 3330-3340;
FOREXCOM:XAUUSDShort
by DonaldJohnson
GOLD/USD 1H – Bullish Reversal Setup from Key Support Zone Gold (XAU/USD) 1H Analysis – July 7, 2025 🧠 Trade Setup Overview: Current Price: 3,302.61 Entry Point: 3,294.45 Target Point (TP): 3,364.67 Stop Loss (SL): 3,284.40 Risk/Reward Ratio: ≈ 7.0:1 (very favorable) 📊 Technical Insights: Support Zone: The entry is located in a strong support demand zone (highlighted in purple), which previously led to sharp upward movements. Price has retested this zone, making it a potential bounce point. Moving Averages: 50 EMA (Red) and 200 EMA (Blue): Price is currently below the 50 EMA and near the 200 EMA, which may act as a dynamic resistance. A break above both could confirm bullish strength. Bullish Structure Possibility: After forming a higher low, if price rebounds off the support at 3,294.45 and breaks 3,336, it may confirm bullish continuation toward the target. 📈 Trade Plan Summary: Buy Limit at 3,294.45 Stop Loss at 3,284.40 (≈ -10 pts risk) Take Profit at 3,364.67 (≈ +70 pts reward) Very strong reward-to-risk setup (ideal for scalpers or swing traders) ⚠️ Risks: If price breaks below 3,284, this setup becomes invalid (support failure). EMA resistance must be overcome for upside momentum.
CAPITALCOM:GOLDLong
by EA_GOLD_MAN_COPY_TRADE
15
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
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
Gold shorts may continue to 3280 or even 3255Gold started to fall from around 3342 in the Asian session, and currently hit a low of around 3305. This is completely consistent with my prediction: "Before gold stabilizes at 3340, it is still in a short trend. Gold shorts may counterattack at any time and look at the target area in turn: 3315-3305." Currently, gold has reached the target area as expected. There is no doubt that gold is still in an obvious short arrangement at present, and gold shorts may have just begun. For the next short-term trading, we still focus on shorting gold, so what we are most concerned about now is where gold can rebound and where is the most suitable short entry? ! From the current structure of gold, gold is under pressure from the short-term head and shoulders technical structure. This resistance structure compresses the rebound limit in the short term to the 3335-3340 area; and the short-term resistance area is located in the 3320-3330 area; once gold is under pressure and falls again, I think it is very likely that gold will fall to the 3295-3285 area again, and may even extend to the 3365-3355 area. Therefore, I think shorting gold is still the first choice for short-term trading; you can consider shorting gold in the 3320-3340 area, looking at the target area of ​​3290-3280-3270
OANDA:XAUUSDShort
by Trading_Steffen
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 lacks downward momentum.Today, gold is relatively quiet due to the impact of the US Independence Day holiday. Below, we continue to pay attention to the short-term quality layer of 3324. The key pressure above is maintained at yesterday's opening point of 3345-50. At midnight, gold rebounds near 3345-50 and can be shorted. The target is around 3330-33. It closes early at midnight and maintains a range of fluctuations! If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate! From the 4-hour analysis, pay attention to the support of 3324-30 below, focus on the support position of 3316, and pay attention to the short-term resistance of 3345-50 above. At midnight, the overall high-altitude low-multiple cycle participation remains unchanged. In the middle position, watch more and move less, be cautious in chasing orders, and wait patiently for key points to participate.
FOREXCOM:XAUUSDLong
by JoyLouise53
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
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
7.4 Non-farm payrolls exploded, and expectations for the Fed’s rOn Thursday, as the strong US employment data dispelled the market's expectations of the Fed's recent rate cut, the US dollar index rose sharply before the US market, returned to above the 97 mark, and once rose to an intraday high of 97.42. Spot gold fell sharply, once falling to $3311 during the session, a drop of more than $50 from the intraday high, and then recovered some of its losses and remained near 3330 for consolidation. The current upper suppression position of the daily line is almost here at 3350, and the lower support is located at 3320-25. So if it is maintained in the range of consolidation, it is likely to be rectified at 3320-50. Secondly, from the hourly chart: It can be seen from the trend of 3247 to 3365. The Fibonacci 618 position is exactly here at 3320. Although the lowest point last night was pierced to around 3311, it can be seen that the entity still closed above 3320. As long as 3320 cannot be broken, the best case scenario is to maintain it at 3320-50 for consolidation. If not, once 3350 is broken, the high point of 3365 will definitely not be able to be maintained. Therefore, for today's operation, try to maintain the high-selling and low-buying range of 3320-50.
TVC:GOLD
by AIan_Gold
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