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GOLD Spot (XAUUSD) (OANDA EU Clients)GOLD Spot (XAUUSD) (OANDA EU Clients)GOLD Spot (XAUUSD) (OANDA EU Clients)

GOLD Spot (XAUUSD) (OANDA EU Clients)

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GOLD.PRO.OTMS trade ideas

Lingrid | GOLD double TOP At The RESISTANCE zoneOANDA:XAUUSD has bounced perfectly off the resistance zone that I highlighted yesterday. The market formed a pinbar pattern on the 4H timeframe, indicating rejection at this level. Additionally, there was a false breakout of the previous resistance zone at 2666.350. On the 1H timeframe, we can see a double top pattern, which further signals a potential reversal. I believe the market may move sideways just below this resistance before making a downward move, especially since there are no high-impact news events scheduled for today and price pulled back into consolidation zone. I expect the price to retest the support level and the downward trendline. My goal is support zone around 2650 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
7
Bullish Continuation Daily Pattern For GoldThis type of pattern we can see which flows from the highlighted number 1 to number 6 and beyond occurs across all timeframes. It shows us that the bulls are in control, but the bears are beginning to find strength, however the bulls are fighting back to push things higher once more. This essentially tells us that the bears are beginning to gain strength and it is likely we see a big retracement some time soon. However in the shorter term, because the bulls are consistently keeping price from making new lower lows, they are actually forcing ever so slight higher highs. Therefore, we expect to see one last push from the bulls taking to another All Time High price. This falls in-line with the higher timeframe perspective idea we have just posted. Take a look:
FOREXCOM:XAUUSDLong
by Who-Is-Caerus
GOLD // Trap for the Bulls&BearsThe market is mixed on the weekly, long on the daily, be below the last (or highest) clean daily breakdown. The H4 is not in sync with the daily, and the market is between a breakout and a breakdown. THIS MAKES IT A TRAP FOR BOTH BUYERS AND SELLERS. I'll stay away from it. ——— We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds. Stay grounded, stay present. 🏄🏼‍♂️ Your comments and support are appreciated! 👊🏼
OANDA:XAUUSD
by TheMarketFlow
2
Gold Spot (XAU/USD) – 30-Minute Time Frame AnalysisGold Spot (XAU/USD) – 30-Minute Time Frame Analysis Market Context: The price is currently retesting a potential support level around 2,707, following a retracement from a recent high. This level might act as a pivot for possible bullish activity, suggesting a scenario where the price could move upward. Key Observations: Support Zone at 2,707: The price is hovering around 2,707, which could act as a significant support zone. Potential Upside Scenario: If the price holds above 2,707, there is a possibility of a move toward 2,705, which could serve as a short-term target. Invalidation Level: If the price drops below 2,700, this setup may be invalidated, and further downside movement could occur. Risk Management Reminder: Making no money is still better than losing money. Always prioritize protecting your capital over taking impulsive trades. Hypothetical Trade Setup: Potential Long Case: If the price holds above 2,707, the next level to watch could be around 2,705. Invalidation Zone: A move below 2,700 would render this setup invalid. Final Notes: This is a technical observation based on the 30-minute time frame. Please interpret this as an analysis of possible market scenarios rather than financial advice. Trade smart, protect your capital, and avoid impulsive or revenge trading.
OANDA:XAUUSDLong
by KainT21
2
Buy gold, TP: 2690-2695Bros, today gold fell sharply and fell below 2695 due to the negative impact of PPI data on the gold market. I reminded in the previous opinion that the 2700-2695 area is the last line of defense for bulls. Once gold falls below this area, it is easy to be sold and continue to fall. So today I went long on gold near 2702 as planned. After gold fell below 2695, I strictly followed the trading plan and chose manual stop loss near 2693, ending the gold long position with a loss of $4.7K; then I followed up with a gold short position near 2693, and manually closed the position near 2683, ending the transaction with a profit of $4.9K. It means everything I did in trading today was for nothing,fortunately, I strictly followed my trading plan and strategy to execute the transaction, so even if I lost money in the long transaction, I recovered the loss in the short transaction, and there was no loss overall. Relatively speaking, no loss is the greatest success. At present, after gold is relatively stable, I have bought gold again near 2683, and the short-term important support below is 2675. I expect gold to rebound to at least 2690-2695. As for the result of the transaction, let us wait and see! If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDLong
by Trader_Marvin
Best Possible Opportunity: Work Session to Unlock These PotentiaThis is a general idea at the moment, not yet ready for execution, but I want to share the concept here. The goal is to create a structured work session that focuses on identifying and activating the best opportunities in the market. The session will include: - Market analysis: Reviewing key trends and patterns. - Risk management: Setting up realistic stop-loss levels and position sizes. - Action plan: Outlining the steps needed to capitalize on these ideas. This is still a brainstorming stage, and feedback is welcome to refine it into something actionable.
OANDA:XAUUSD
by Mustafe9_Mohamed
Gold pattern analysis, profit of 300% this weekGold closed with a big negative yesterday, and the shape showed a Yin-enveloping Yang engulfing shape. In the short term, there was a certain turning point under pressure, and it also formed a double top after piercing the previous high of 2721; the market is still relatively cunning, and there is a large-scale strangulation of long and short positions back and forth. Basically, this behavior has occurred frequently this year; whether it is gold or silver, the slope of the channel that has been forced to rise all the way recently is steep, so the sustainability will not be too long, and it is easy to usher in a large-scale dive in the end. It is basically unlikely to refresh the historical high of 2790 this year, and for early 2025, bad news will come one after another, and the pressure and space may be greater and more lasting; although the overall bull market bull trend has not changed, there is still a need for adjustment in the short term or there is a long period of wide fluctuations, which is also a kind of correction; today's daily level short-term retracement pays attention to the 10-day moving average of 2662, which is also a second retracement to confirm the trend line of 2790-2721. Once it breaks down, it will point to the middle track of 2642;
OANDA:XAUUSD
by ckb6ckb6
The latest technical analysis of gold, enjoy the profitFrom a technical point of view, after Thursday's decline, the daily line closed negative for the first time after three consecutive positive lines, and closed with a large negative line before the upper Bollinger track. This pattern is very obvious, confirming the overall weakening, and there will be continuous room for decline. At least look at the support point of the middle Bollinger track 2660 first, and then look at the support of the lower track 2600 after breaking. Therefore, the actual intraday decline prospect is still very large. Look at the recent intraday changes, and try to focus on rebounding high altitudes. After the decline of the small cycle H4, the Bollinger is also in a closing state. It rebounded at 2675 at midnight, but the downward space is not enough. The support of the lower track is near 2660. Therefore, the intraday rebound can still be shorted. First see whether the price of 2660 breaks. If it does not break during the day, it will be regarded as a slow decline. If it breaks, it can form an opening of the lower Bollinger track and get out of the unilateral decline. Therefore, the recent decline of gold in this cycle has just begun. Don't think that you can go long after a wave of decline. In the short-term performance, gold has rebounded, and the intraday suppression should be around 2695. If it rebounds in the Asian and European sessions, you can short it. The intraday downside targets are 2675 and 2660. Overall, today's short-term operation strategy for gold is to short on rebounds, supplemented by buying on dips. The short-term focus on the upper side is the 2695-2700 resistance, and the short-term focus on the lower side is the 2660-2655 support.
OANDA:XAUUSDShort
by ckb6ckb6
11/12/24 Gold trade ideaHey Gang, Sorry I've been off sick for a week but here's my main bias for gold going into FOMC next Wednesday. Currently we are seeing traders find any excuse to dump gold this month which gives us the opportunity to buy gold pullbacks whenever possible. Key Levels are highlighted in green but main bias is bullish: - 2715 and 2723 are the key intraday levels to look for clear buys with 2732-40 being first targets and 2750 overall goal. - We could see a short pullback to 2685 maybe during Asian which could be another opportunity for is to buy the dip however if we see a break and close below we can at least scalp the 50 pip wick back to c 2670. - SAFEST sells would be a break and close below 2670 As always trade safely and DM with any questions. Happy Trading
FPMARKETS:XAUUSDLong
by Thetraderscollective