Gold tested near 2181 several times yesterday but failed to effectively break the level. It fell into a long-short dilemma in the short term and returned to the 2160-2180 area again. If it cannot effectively stand above 2200 in the short term, bulls will not be able to continue to strengthen, and others will still tend to pull back or fluctuate. Gold itself has...
Gold market analysis The current short pattern of gold is obvious. It is a daily level technical retracement after a sharp rise. The room for this retracement will definitely be very large. On Friday, we arranged a bumper harvest of short orders at 2170 and 2164. The major support of 2150 has been broken in early trading. If this position is broken, the short...
Gold technical analysis: Gold showed a volatile trend on Friday, once climbing to the highest level and touching the 2172 line during the European trading session. However, the pressure on the upper short-term trend line failed to be effectively broken, causing the market to fall back and adjust again. At present, the gold price has entered a relatively...
Gold operation suggestions: It is recommended to follow up the short order in the 2168-2175 range, stop loss 2178, and target 2150-2155-2160! If the market breaks below 2148, you can follow up with long orders, stop loss at 2144, and target 2160-2170!
3.11 The gold daily line continues to maintain a strong trend, and there is no sign of peaking for the time being. However, it has been rising for 9 consecutive days. In terms of time, the probability of adjustment this week is relatively high. The current unilateral moving average support is at 2158 and 2120. If it falls below, we can see the strength or the...
3.12 Gold's daily closing Yang Xian Doji is no longer so strong. Before there is an obvious reversal signal, it still tends to be low and long. Today, we will focus on the CPI data. Today's trading advice: short and long near 2165, stop loss protection of five points, target 7-15 US dollars; choose an opportunity to go short near 2186~90 at the top
After a week of a downtrend, gold now is on the verge of breaking another support near the 2020 price area, there is a lot of opportunity for the short traders to make a massive profit from the bearish trend. However, these are one of the following criteria that short traders need to wait for before making a decision : 1. Gold needs to break below the 2020 price...
Looking back on yesterday: USD/JPY fell nearly 300 points in the short term The U.S. dollar index DXY fell 53 points in the short term ⬆️⬆️⬆️ The above data pushed gold up in the short term by US$9 to around 1830, but it never remained at 1830 and fell back to around 1820. Today's non-agricultural data Zenobia forecast is positive for gold. Trading plan for...
Hey there guys this trading concept is called ICT and its made by Michael it's one of the best and high probability trading systems and I'm really into it as you can see we have an order block candle on the left so we can set our sell limit position on that price the stop loss should be above the swing high I recommend you do not risk more than 0.5 % per trade;...
gold short hit resistance it's just my own idea gold short hit resistance it's just my own idea gold short hit resistance it's just my own idea
Dear traders gold was up trend and it still in cosolidation after breaking below 1974 it may retest this area so I expect gold if he reject 1966 and still above this zone it will be chance to look for buy and if he reject resistance at area 1979 and close below it will be change to sell target will be long trade safe Good luck
FED's recent report says economic outlook is not bad as we think. Gold is usually gain when economy is not good. So ,I am selling gold before CPI report. My target 1850,1830,1820 the best is 1800(physical level to support)
The gold prices are likely to plummet into a bearish trend reversal if it breaks 1777.3 neckline. Sellers should watch closely and take projections on the possible double top pattern.
GOLD has broken the market structure and has broken out of the support zone on the 4H timeframe. As the long-term trend is down, it is a high probability that GOLD will continue to drop. On the retest of the previous support as resistance, a selling opportunity may arise. Please press the like button if you enjoy the idea :)
Gold shorts with targets shown on charts (XAUUSD). Technical signs suggest that this pair is slated for a period of downtime of between three weeks and three months. A significant movement in the first or third wave down would not be unexpected! Perform your DD! There is nothing carved in stone here. Happy trading!
Potential shorting opportunity for gold the Head and Shoulder is developing on H1 and it has also tested previous weekly lows , Once the H1 closed below neck Potential neckline 1770 on the re-test of neckline can take us to the short side first TP of 1755-58 zone . its only valid its break below neckline 1770. If you like the idea plz comment and share...
Gold Futures is looking bearish for the rest of today and tomorrow. It is possible we see a bounce up at 1682 but it is unlikely. This is not financial advice. Remember to DYOR!
Today we are looking at shorting Gold and have prepared the following trading set up: SELL XAUUSD (GOLD) ENTRY: 1848 SL: 1856 TP: 1835