Downloading...
Download

Goldtrader

Gold or Nasdaq: What to Short this Week?For Gold (XAU/USD), the 4-hour chart suggests a neutral-to-bearish stance. While the pair is currently above its moving averages, the 50-day moving average is closely trailing its price. The Relative Strength Index (RSI) is dropping towards a neutral level, indicating a potential pause in buyer activity. If Gold drops below $1,945, there is a risk of prices descending further and retesting their previous lows or the 200-Day Simple Moving Average (SMA) around $1,941. The deciding factor for Gold this week will likely be the US jobs data. The Non-Farm Payroll (NFP) report on Friday is a significant event, and the precursor jobs data (JOLTS Job report on Tuesday) could also sway traders. The market expects the NFP to show 190K jobs added, more than double the natural US growth rate. A strong jobs figure could influence traders' anticipation of the Federal Reserve's interest rate decision and impact the downside outlook for Gold. On the other hand, Nasdaq and other major US indices are expected to end July with gains. The Dow Jones has particularly shown impressive growth over the past two weeks. The outperformance of the Dow Jones suggests a possible shift by investors from growth stocks (such as Nasdaq stocks) to value stocks. Looking at the daily chart, the Nasdaq Composite is now targeting a key resistance level at 14,649. However, there is a possibility of aggressive seller response at that level. On the 4-hour chart, a divergence with the MACD indicates weakening momentum, which is often followed by pullbacks. Earnings reports from major tech companies, Apple and Amazon, will be crucial for Nasdaq this week. These two giants represent 11.6% of the entire Nasdaq index measured by market cap. Better-than-expected US earnings could potentially prolong the bull run in the market.
BLACKBULL:XAUUSD
by BlackBull_Markets
XAUUSD Outlook 28/7/23 WOAH! 🥲🔪Good evening Gold Gang!! WOWZERS .. 300 pip drop with positive dollar news. Madness. The forecast sells were there but i unfortunately missed them as i had to deal with something at home grrr. Congrats to the gold gang who grabbed them. Great eyes! Ok so we have broken the daily level on the HTF .. what can this mean .. will a push up to retest would be the normal move for it to then sell back down. We have some more juicy red folders tomorrow too so this could get interesting .. plus .. end of the month (almost) Lets finish off with a bang! Buys and sells are on the charts .. i have a reversal level there too marked individually .. that would mark the retest of the daily level .. wait for the reversal pattern to appear on the LTF Thanks for hanging out with me today guys please drop a like if you find these ramblings helpful at all catch you in London session tommyXAU
OANDA:XAUUSD
by tommyXAU
6
How gold should trade after the Fed's interest rate decision Today's Fed interest rate decision is fully in line with market expectations, raising interest rates by 0.25%, which is expected to raise interest rates, so the market has digested the volatility brought by the rate hike, and then the Fed's speech is also very dovish, gold fell rapidly after a short rise, there was no great fluctuation, gold was blocked around 1978, and the upward trend was not continued, the dollar index also began to rise after a short decline, which further suppressed the rise of gold, in the next gold trading, Give advice to friends to go short at a high level Gold Trading Strategies: XAUUSD:SELL@1975-1980 TP1965-1960 Join me for more free accurate trading signals
FX:XAUUSDShort
by UnknownUnicorn58713786
GOLD:Earnings summary After so many days of rising gold, I think there is momentum to fall. So, today's strategy for gold is dominated by shorting. But you have to learn to read the movement of gold, know what is support and what is resistance. The market often deceives you and understands the meaning of the market, so that you can make money, not be taken away by the market. Professional matters should be left to professional people, the choice is more important than your own efforts, if you want to earn money, want to learn, contact me.
TVC:GOLDShort
by UnknownUnicorn58713699
XAUUSD Outlook 21/7/23 Weekly is still bull 📈Good evening gold gang! WHAT A WEEK! .. grabbed some amazing pips today in both sessions. Congratulations if you caught them with me on my analysis. Last day of the week lets go!! Weekly candle is still bullish! im still expecting that 1993 to be hit either tomorrow or early next week. So buys are on the menu tomorrow Only thing to look out for is the messy range marked in the yellow box. Thats the no trade zone for me as there are way too many wicks in there. Wait for the breakout I have just seen whilst writing this, that tomorrow is a no news day!! UGH! .. we may not reach the dizzy heights of 1993 until next week now as im not sure there will be much volume saying that, fridays are normally busy days, so lets stay hopeful buys sells and reversal points are on the charts gang .. have a great evening and asian session for those partaking do me a favour and follow along! i keep it real over here :) catch you in london your mate Tommy XAU
OANDA:XAUUSD
by tommyXAU
1
XAUUSD:Chasing high has no advantage Yesterday, I analyzed that gold will fluctuate and rise, gold buy1972 tp1980-1985, and finally reached the target point of our attention near 1984. This position is an important suppression level in the early stage. With strong pressure, today's hourly line closes below this position, which will bring a certain callback. Since looking at the bottom in 1920, it has been bullish until around 1984. The overall rise has eaten up most of it. I will not be blindly bullish in the future. I will wait patiently for the daily level to fluctuate at a high level before making further plans. Many people will definitely say that this is the time It's not easy. It's bullish with the trend. It's true that the trend is so, but under the strong weekly line of 4 consecutive positives, there is no advantage in chasing higher. gold sell 1984-1989 tp 1980-1975 Share this point of view with my friends, I hope you can make more money and realize your dreams. Friends in need can keep up . Continually updated
TVC:GOLDShort
by Dylan-Jones
XAUUSD Outlook 20/7/23 Im expecting a push to the 93 📈Whats up gold gang! wow, yet again another amazing day on the charts. FIrstly reversals in london session that we called to perfection. The NY trade wasnt taken but called in last nights analysis where price stabbed the purple box and flew. Overall though, a rangey day. That news folder did absolutely nothing lol We have unemployment claims tomorrow so lets hope this will shift us out of this range as its doing my head in AGAIN .. ill need a 4h close outside of the range. Please don't take any trades in the range marked no trade zone. With the dxy respecting the level and current price action, im expecting a rin on the 1993 key level in the next couple of days. Lets hope we finish the week strong with some buys! Reversals are always available from my levels .. just look for strong engulfing candles in the opposite direction and a retest. Ill always be on here and the group updating constantly .. so please follow along! don't miss out catch you in london .. boost this post for me tommy
OANDA:XAUUSD
by tommyXAU
XAUUSD Outlook 19/7/23. Why gold fly? 🤔Good evening gold gang! wow what an amazing day calling out and catching 3 amazing trades. First i called the reversal scalp on london open .. then the continuation buys up and the reversal after 3pm uk time. Amazing work if you follow me and got in So what made gold shoot up at lunch time uk? .. i have literally no idea? .. there was no news forecast at that time or nothing in the world happening from what i could see? .. just flew 100 pips without a hint hah .. was a nice liquidity grab though clearing out all the orders from above the highs. Another anomaly is that both DXY and gold are strong .. im hoping it goes back to normal from tomorrow. DXY pushing upwards now after testing my level 3 times and rejecting. This should bring gold down tomorrow with a bit of volume. Buys, sells and reversals are marked on the charts .. only problem i see for sells is that purple box there which is a very strong level that will give a reaction guaranteed .. so if you're in the sells .. take profit and BE quickly. get following me if you missed out today .. all my analysis is free .. so there's no excuse hit the like too if this helps you at all catch you in london tommyXAU
OANDA:XAUUSD
by tommyXAU
4
Gold begins to test the upper resistance level Gold from yesterday night in the 1956 line stop falling rebound, currently in the reach of whether the 1962 line of resistance, relatively speaking, the pressure level of the upper average is also a certain resistance, the pressure above has not broken through steadily, in theory should be adjusted first, short-term trading continues to pay attention to 1951 and 1941 support Short-term trading strategies: XAUUSD:sell@1963-1965 tp1955-1950 Join me for more free accurate trading signals
FX:XAUUSDShort
by UnknownUnicorn58713786
4
XAUUSD Outlook 18/7/23 swing and a missGood evening gold gang! hope you are well and caught the sells with me today! A choppy day all in with price in and out of the range, but i managed the sells as forecast. We didn't hit target, but still bagged partials and a break even. Overall W day. This range mannnn .. starting to do my head in. We are currently at one of my important monthly price points, this is why we are ranging. It happens a lot. The breakout is imminent and it is unclear in which direction so far. We can just wait and monitor, as usual .. im ready for whatever. some juicy red folders tomorrow which should get us on our way .. but nothing wednesday. Buys and sells are on the charts .. the sell side reversal point is looking highly likely .. so keep an eye out for that one .. maybe in london. Please follow along for constant updates gang .. just smash the follow button. ill catch you in london tommy
OANDA:XAUUSD
by tommyXAU
2