Get started

Xauusdsell

GOLD ! 9/30 ! down adjustmentXAU / USD trend forecast September 30, 2024 Israel escalated its conflict with Iran’s allies, the Houthis in Yemen and Hezbollah in Lebanon, launching airstrikes on Sunday and raising fears of a wider Middle East war. The Israeli Defense Forces reported targeting several locations, including power plants and a seaport in Yemen. In Lebanon, Israeli strikes killed Nabil Kaouk, the deputy head of Hezbollah's Central Council, marking the seventh Hezbollah leader killed in just over a week. Based on M30, price adjustment h1 frame, XAU down /// SELL XAU : zone 2664-2667 SL: 2672 TP: 50 - 150 - 300 pips (2637) Safe and profitable trading
OANDA:XAUUSDShort
by Moon-ForexAcademy
1
Holding Strong: Why It's Time to Bet on Gold's Decline There isn't much to add—I'm currently stuck in a short position on gold, but I remain convinced that a downturn is imminent. The 4-hour chart shows a clear bearish divergence, and I don’t believe it will break through the $2700 mark easily. As a result, I’m consistently increasing my short positions, waiting for the profit window to open. Trust me, buying in at this level is as foolish as selling below $2610. If you're holding short positions, stay firm. If you're holding long, it might be time to take profits. Greed rarely rewards anyone in the long run in the markets.
FOREXCOM:XAUUSDShort
by MichaeliaDefoe
2
XAUUSD: How long can the bull market sustain its momentum? Amid escalating geopolitical tensions and the Federal Reserve’s rate cuts, gold has been on a persistent upward trajectory. After breaking through the key 2600 level, it is now approaching the 2700 mark. Over the past couple of days, it has consolidated above 2650, leaving short positions severely pressured. While bulls celebrate, bears are licking their wounds. I believe that after enduring this challenging phase, bears will stage a strong, retaliatory comeback. Thus, the best strategy now is patience. Wait for the right moment—if you’ve missed the bull's rally, don’t miss the bear’s counterattack.
OANDA:XAUUSDShort
by Mia-Signal
Strong XAU Uptrend! wait ATH 2683⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) pulled back from record highs on Wednesday, dropping to around $2,655 in the European session. A risk-on sentiment and overbought conditions led to profit-taking, while a slight US Dollar uptick added pressure. However, expectations of aggressive Fed policy easing may limit the USD's strength, supporting gold. Geopolitical tensions in the Middle East and US political uncertainty ahead of the November election also help contain gold's downside. Traders await further clues on the Fed's rate-cut path, with attention on FOMC speeches, including Fed Chair Powell's on Thursday, and the US PCE Price Index on Friday. metal. ⭐️ Personal comments NOVA: Still a strong bullish force reaching the all-time highest ATH of 2670. The fomo from the market may continue throughout this week ⭐️ SET UP GOLD PRICE: 🔥 BUY GOLD zone: $2626 - $2628 SL $2620 TP1: $2635 TP2: $2642 TP3: $2650 🔥 SELL GOLD zone: $2683 - $2685 SL $2690 TP1: $2670 TP2: $2655 TP3: $2640 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
2
XAUUSD: What Should You Do If Your Short Position Is Trapped? Recently, I've maintained a short position in gold, admittedly missing out on the recent upward momentum. However, at the current levels, I have no intention of chasing the rally. Instead, I will continue to hold my bearish outlook, waiting for a pullback to the 2580-2550 zone. Chasing the price at this stage poses unnecessary risks, as technical indicators suggest the potential for a retracement. The focus remains on capturing profits as the price corrects, reaffirming my commitment to the short strategy.
OANDA:XAUUSDShort
by Mia-Signal
Gold is just one step away, the Sell opportunity is comingIn today's Asian session, gold rose in the short term, and the historical high was refreshed again, reaching 2640. Driven by the Fed's expectations of a rate cut in November and the decline in US Treasury yields, the price of gold hit a new record high. The growing tension between Israel and Hezbollah has increased the appeal of safe havens, which may further boost demand for gold. From the 4-hour chart, we can see that referring to the rule that the price of gold rises by $50-60 each time, the price of gold is likely to have room for an increase of $10. This is almost the last short-term rise in gold. The high point of this time is likely to be around the range of 2640-2650. Trading strategy: Now chasing the rise, there is not much room above, and there is a risk of an imminent correction, so I don't recommend it. Go short now, because there may be more than ten dollars of room for growth above, and now is not a good selling position, so we can wait until the 2640-2650 range to sell, preferably at 2650. I personally did not close the sell order I held last week. If the gold price reaches 2650, I will continue to increase my position and pull the average price to 2615-2620
TVC:GOLDShort
by AntonyTP
Gold Rally Slows, Pullback Imminent Since yesterday, gold has been fluctuating within the 2615-2635 range, with the bullish momentum clearly slowing down. In my view, it is likely to decline to 2606 by Friday at the latest. Why 2606? This level serves as a key support in the ongoing upward trend. A healthy trend relies on robust technical support levels, which is the foundation of my prediction. Continue to sell, and patiently wait for the price to drop, allowing the profits to materialize.
FOREXCOM:XAUUSDShort
by MichaeliaDefoe
Gold Spot (XAU/USD) Short Trade Setup - 1:10 RRI'm am currently in a short position on Gold (XAU/USD) as the price shows signs of weakening after a steady uptrend. Entry: 2627.79 Stop Loss (SL): 2635.6 (above recent highs and trendline) Take Profits (TP): TP 1: 2615.24 (Move SL to breakeven) TP 2: 2615.305 (support level close to TP 1) TP 3: 2586.490 (significant support zone) TP 4: 2575.1 (deeper retracement level) Full TP: 2546.86 (ultimate downside target, aligning with a previous major low) The trade is based on the idea of a rejection near resistance and trendline breakout. I’m expecting a pullback towards the previous lows, supported by multiple levels of take profit to secure gains as the trade progresses.
OANDA:XAUUSDShort
by PipShiesty
2
XAUUSD: Mid-Term Target Set Below 2550 Gold's upward trend has noticeably slowed as it approaches the 2630 level, which is likely to act as a new resistance zone. Before confirming any further upside potential, it is crucial to see a retest of the 2600 support level. Until this support is validated, the recommended strategy is to focus on high-level sell trades. If the 2600 support is confirmed, it may present a buying opportunity. However, if the support is breached, selling into any rebound should continue to be the dominant strategy, with long positions only used as a secondary approach. In the medium term, I maintain a bearish bias, with downside targets in the 2530-2500 range.
OANDA:XAUUSDShort
by Mia-Signal
Gold Surges Above 2600—Prepare for a Potential Reversal After enjoying a pleasant weekend, we’re back to the action-packed market. Gold unexpectedly broke through 2600, reaching a high of 2631 today. Unfortunately, our short positions from Friday were caught in a trap. However, there's no need to worry—trust me, a significant drop is inevitable, and it might be more dramatic than we anticipate. Currently, the 15-minute chart indicates a potential for a small rebound, while the 2-hour chart signals bearish momentum. Based on this setup, it's likely that a head and shoulders pattern could form. Our strategy should be to increase our short positions above 2620 and patiently wait for the decline to unfold.
FOREXCOM:XAUUSDShort
by MichaeliaDefoe
XAUUSD:Bearish intraday Last Friday, gold made a strong breakout above resistance, stabilizing above 2600. Today’s opening continues to show slight consolidation at high levels. From a technical perspective, the short-term outlook is bearish, indicating that at least one retest of the 2600 support is needed to determine if there is further upward momentum. In my personal view, a deeper pullback is more likely. By early October, there’s a high probability of a return to the 2550 level. Thus, my mid-term strategy will focus on short positions. For intraday trading, the key focus will be on the 2600 support area—if it holds, a long position around that level could be considered.
OANDA:XAUUSDShort
by Mia-Signal
I'm sorry, I have been short againBros, you all know that I shorted gold some time ago. Although I was stuck for a few days, gold still gave me a chance to close the position near 2553, and finally closed the position with a profit of $90K. At present, gold has risen above 2620 again. I think there should be many brothers chasing gold. I am sorry, I started shorting gold again and plan to hold it in the medium term. Bros, I calculated in advance that if gold can fall to 2575, I can make more than $50K in profit. If gold unexpectedly falls to 2550, there will be another huge profit! I am looking forward to such a result! Bros, let's wait and see!
OANDA:XAUUSDShort
by alongwineer
3
Bearish - weekend correction after reaching ATH $2600⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) gained for the second consecutive day on Friday, approaching the record high reached after the Federal Reserve's significant interest rate cut earlier this week. The Fed also hinted at more cuts, weakening the US Dollar and supporting gold. Concerns about economic slowdowns in the US and China, along with geopolitical tensions in the Middle East, further boost gold’s appeal. However, the global stock market rally limits strong gains for the safe-haven metal, keeping upward momentum in check during the Asian session. ⭐️ Personal comments NOVA: Gold price reached ATH this week: 2600, In the context of many concerns about the impending economic recession - the psychology of waiting will cause gold prices to quickly adjust downwards. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2580 - $2578 SL $2573 TP1: $2588 TP2: $2595 TP3: $2603 🔥BUY GOLD zone: $2567 - $2565 SL $2560 TP1: $2573 TP2: $2580 TP3: $2590 🔥SELL GOLD zone: $2613 - $2615 SL $2620 TP1: $2600 TP2: $2585 TP3: $2560 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
11
XAUUSD: As long as it doesn’t break 2600, boldly sellYesterday's gold market was really frightening. First, the Federal Reserve announced an interest rate of 50 basis points, which was higher than market expectations. The price of gold rose from 2567 to 2600, setting a new historical high again. Then Powell's speech showed hesitation and uncertainty, and pointed out that the Fed was not in a hurry to cut interest rates. It would proceed at a suitable pace or slow during the interest rate cut cycle. This dovish speech led to a decline in investors' attractiveness to gold. The gold price plummeted from 2600 by $50 and stabilized the decline in the 2550-2560 range. However, since the 50 basis point interest rate cut is already on the table, the Federal Reserve has launched a monetary easing policy and the first rate cut is larger than before. This makes the market believe that there may be another 50-100 basis point interest rate cut before the end of this year. Therefore, gold is now back again The high area of 2590. Although there is still the possibility of interest rate cuts before the end of the year, I think that is a long-term problem, and for us who are short-term traders, it is not the focus of attention. From the market point of view, after yesterday's sharp decline that started at 2600, the shape of gold has changed, and it is in line with the short-term peak signal. Therefore, my view on the current gold is that it is bearish in the short term and bullish in the long term. Trading strategy: Now the gold price has reached the high range of 2600-2590. As long as it does not set a new high again, you can boldly sell here
OANDA:XAUUSDShort
by AntonyTP
11
Gold: Calm Market Expected: Focus on Short Positions Yesterday's trades were very successful. I bought at 2552 and closed at 2578, then sold at 2588 and closed at 2572, resulting in solid profits. It's Friday, and with no significant news scheduled for release—aside from uncontrollable events like natural disasters—the market should remain calm today. A $20 range would already be considerable movement. An upward move is unlikely. On a day like this, relying purely on technical patterns, a breakout above 2600 is a pipe dream. Instead, the probability of dropping to 2572 is much higher. So, the strategy for today is to focus on selling. There's no need to consider bullish trades.
FOREXCOM:XAUUSDShort
by MichaeliaDefoe
1