What are the rules of gold trends?
After gold opened on Monday, as I said last week, the price made a correction. The lowest price was 1963 and the highest price was 1982.7. Combined with the oil pipe price chart, we can see that the trends are consistent. At present, gold is still rising and has never broken through the upper and lower support levels. Before, we could still trade based on trend analysis. Buy gold according to the trend when the price is low. Once the price breaks through the pressure position, we can use the turtle trading rule,
Based on the current trend, I give a trading signal that is more in line with the trend. Of course, gold prices often get out of control recently due to emergencies, but I still hope to help everyone.
Golden signal:
gold: buy 1972-1975 tp1979-1984 (the buying price will fluctuate according to price fluctuations)
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Goldbuy
Gold will continue to rise after adjustment on Monday
Gold will open next week and will continue to rise after a slight correction. As the Palestinian-Israeli conflict continues to ferment, we can see news from all parties at the weekend. We can wait for the opening price to adjust and buy. We are mainly bullish, but we cannot buy blindly. It is more reasonable to wait for the price adjustment.
gold: buy1968-1972 tp1992-1997
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What would stop gold from rising?
The conflict between Palestine and Israel is currently raging, and at the same time, the situation in many places is tense. Yesterday, gold hit a new high price of 1977. It seems that nothing can stop gold from continuing to rise. Immediately after Biden speaks, I think gold will rise again after correction, but it may also It’s so crazy that it goes up directly. Operation suggestions:
gold:
buy1968-1972 tp1985/ buy1955-1960 tp1975-1980
Set a stop loss that matches the account funds
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GOLD scalp ideaLooking for gold buys or sells depending on where the FIVE MINUTE candle closes respective of the levels marked in the chart
Gold has seen a strong push to the upside and I don't believe it's completely exhausted yet. However, that does not mean price action won't play out on smaller timeframes.
XAUUSD BUY TRADEIn the intricate realm of gold trading, strategic precision is paramount. Your astute observation has identified a compelling opportunity: a poised entry into the market, leveraging a temporary dip around 1910 or 1911. This sagacious move, underpinned by robust support at 1910, promises an auspicious trajectory.
In this professional pursuit, we meticulously analyze market dynamics, leveraging historical data and technical indicators. With a steadfast focus on risk management and market analysis, we are poised to navigate the nuanced fluctuations. Rest assured, your commitment to this strategic endeavor aligns seamlessly with the ethos of disciplined trading.
Together, armed with insight and prudence, we stand ready to execute this well-calculated maneuver. May our endeavors be marked by success and our portfolios flourish in the wake of shrewd decision-making. Onward to a prosperous trading journey
GOLD / XAUUSDIn my opinion, you should always close the GAP before starting a process! But we've seen cases where it wasn't closed, and they suddenly pulled it up. I think the same thing will happen here! It's been the third day, and they still can't close the GAP! What's also important is that many are preparing to close the GAP and start the process. I believe that if they wanted to close it, they would have done so by now.
GOLD +130 Pips From Yesterday Video , New Entry To Who Missed !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GOLD Still Bullish , Long Setup Ready To Get 300 Pips At least !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GOLD:Trading strategy
Gold tested 1900 many times yesterday and was supported, and now it has broken through the range of 1915. Then it can be judged that gold is temporarily reversed. As long as it falls to a low level, you can try to buy.
The low of the H4 cycle rose three times. The rise in the morning directly broke the suppression point of the middle Bollinger band. The previous suppression point became a support point. The lower support point is near 1910, and the upper H4 Bollinger band high or the 60-day moving average high is near 1922. If the rise can be maintained on Friday, then next week I am more confident that gold will rise in the near future.
Short-term fast trading
Gold:buy 1905-1910 TP:1915-1922 SL:1898
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GOLD:Trading strategy
Yesterday, gold fell to 1905 due to the influence of CPI, but it did not fall below 1905, so it can be judged that 1905 has strong support.
But 1915 also has a lot of resistance, so now gold is still fluctuating in the range, the range is 1905-1915.
Today, pay attention to the number of U.S. unemployment benefits and the monthly retail sales rate in August.
We trade in small batches before the data is released.
Short-term fast trading
Gold:buy 1905-1907 TP:1910-1915 SL:1898
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GOLD:Trading strategy
In the short period of gold, the RSI indicator on the 1-hour chart has entered the oversold zone, and the MACD entry is formed, and there is a possibility of rebound and repair during the day.
Short-term fast trading
Gold:buy1920-1923 TP:1929-1934 SL:1914
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Gold 34_33 is long, range_bound operation
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Gold began to retreat after the opening yesterday, and as of the end of the US market, the lowest touched around 36. It was also affected by the early closing of Labor Day. The volatility in the later period was not large, and it basically maintained a small shock situation. At present, the daily price The line is a high-level sideways pattern that continuously closes in the form of a high-level cross star. This form is likely to be the repair of the bulls. Once the downward trend continues, the bears are likely to reverse it. , while the support below remains at the 30 line, which is also a key support position in the short term. The weekly line is also mixed with the short-term moving average and the mid-rail position, so this week gold is likely to fluctuate in a large range, while last week The resulting high point is also very likely to form a breakthrough, and the current hourly line also belongs to the box as a whole, waiting for the long and short breakthrough in the short term. If either party breaks through, it is likely that they can still follow up, and then in the short term, if first The counter draw is around 34-33 and the target is around 45-55, with a loss of 27. If it falls below 30 for a long time, it needs to be adjusted.
GOLD - XAUUSD 4H Long term BUY!Hello Everyone,
Welcome to FXMYWORLD.
Let's see how this pair will perform based on the analysis.
Make sure you do your research and based on your confluence please look for the entry.
Don't rush your trades without any confirmation.
Thanks in advance for checking my trade idea.
GOLD UPDATE 45 MIN In the previous analysis that was published, it was mentioned that the path for upward movement had become smoother. However, with the price being at the upper boundary of the ascending channel, we were looking for entry points at lower areas for buying, but the price experienced buying pressure and broke the channel from above.
We are still looking for lower areas to buy, even if it doesn't match our desired price.
I would appreciate hearing your opinion.
Gold 14-13 is long, bottoming out and rebounding
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Gold, the opening performance of the day was mediocre. Although there was a willingness to go up after the opening in the morning, it still returned to the situation of small shocks. The agricultural data is related. As we all know, the smaller the volatility at the beginning of the week, the stronger the non-agricultural breakthrough. However, last Friday’s bottoming out and the stubborn resistance in the day, the late The decline may be hopeless, and the first support below 10 will also be effective. The follow-up may achieve the necessary anti-twitch force for this effect, while the upper pressure is around 20. There will be a certain breakthrough in this range, and Looking back at last week's Lianyang counter-drawing and Friday's bottoming out, this may be a form of lure, but we need to confirm the trend on Monday. At the same time, Monday is relatively tenacious and has been oscillating above 10. In the later stage, we can still adjust our thinking, but those who are stable still need to wait for a breakthrough before operating. In the short term, gold will retrace around 14-13 and go long. The target is around 25-30, and the loss is 08.
GOLD Still Bullish In My Opinion , When We Can Buy ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GOLD SHORT!! SCALP TRADE!!Hey Traders,
Here we are with the analysis of the gold, so far in higher time frame we are in bullish trend however we reached to one of the key supply area, and we expect to change the trend in lower time-frame which we can scalp on counter trend,
So what we see is clear break of structure just bellow and you see change of character,
So we wait for the price to reach our key level to take short position,
I am taking 0.5% risk on this trade as it is scalp and counter trend,
So lets see how price reacts we can have a clear drop to the level we determined...
Thank you for supporting,
Any question comment me bellow
@FxShzd team
Gold 85-84 to do more; short-term try to do more
Gold, after the opening of the day, first retreated at the 84 line, and continued to compete around 90, but in the U.S. market, it unexpectedly rose above the 98 position and then began to retreat, and continued to touch around 85, forming a three-bottom pattern , and in terms of the weak form in the near future, this action does not perfectly explain the signs of the bulls' rebound, but when the market continues sideways and there is no sign of breaking the position, we can continue to consider whether the reversal of gold is coming, At present, the daily line continues to be under pressure on the negative line, and the short-term moving average has also achieved the effect of short resonance. The multi-hour line has a perfect downward channel. According to the simplest operation idea, just let nature take its course and follow the market, but the intraday surge , In terms of the support effect achieved below, we can still consider trying to release a certain amount of energy from the bulls, while the first target above is maintained at the 1900 integer level. Once this position is broken, there will be a continuation in the later period At present, we can go long on gold around 85-84, the target is around 95-00, and the stop loss is 79. If we break the 80 line as follows, we can consider shorting.
Gold Buys Gold anticipated to buy After reaching the support and completing 90% rule of the pattern it has previously broken for the bears. A Buy signal should be seen along with candle stick formation as it takes off to the top. Already at the resistance, a reversal arc is seen with long wick candles showing rejection to the downside and formation of double bottom , increasing probability of upside with third touch in the descending channel.