GOLD:Downtrend
The decline in gold last week caused me to lose a lot, so last week I chose to rest on Thursday and observe for a day.
Now gold is still in a downward trend, so as long as it rises today, it is an opportunity to sell, and today it recovered part of last week's losses.
The last biggest decline, from 2080 to 1893, fell by about 187 points. If it is the same this time, then the bottom this time may be from 1987 to 1800, around 1800-1820, but these are all predictions. If we reach the vicinity of 1810 for the first time, we definitely need to buy to win the rebound.
Now gold is near 1832, and there is very little space from 1820, so you can now wait for the rebound to sell again, or wait for it to fall to 1820, divide the position and gradually buy, control the position, so that the chance of profit will be higher.
Last week let me learn that survival is more important than making money. I hope everyone can make money.
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Goldidea
XAUUSD/GOLD UPDATE For today setup, i like to make buy position at price 1810 - 1807 for Long position until 1885
for now i see Gold make a push down to reach daily/weekly support . If 1810 - 1807 break Solid, That mean Gold Will continue Downtrend until 1710
🎯 The Ideal Combo for trading:
📌 A discipline mind
📌 A trading edge
📌 Risk management
📌 Long-term mentality.
GOLD (XAUUSD): Pullback From Key Level 🥇
Gold perfectly respected a horizontal key level that I share with you yesterday.
After its test, the price formed a cup & handle pattern on an hourly time frame
and violated its neckline.
Now we can expect growth at least to 1877
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GOLD:Trading strategywwadingview.com
Gold is once again the same as I predicted yesterday. Today, it finally tested the support of 1900. At present, the support of 1900 is very strong. If 1900 is tested again and rises, then it can be judged that the probability of rising increases.
Because it is still a downward trend, we need to strictly observe the support of 1900. If 1900 falls below again, then gold may fall to near 1885.
So now trading needs to strictly set the stop loss.
Short-term fast trading
Gold:buy1900-1902 TP1908-1912 SL:1898
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GOLD/XAUUSD UPDATE TF H4For today setup, i like to make buy position at price 1885 - 1880 for Short position until 1900
for now i see Gold make a push up because for retestment and continue to follow down trend .
🎯 The Ideal Combo for trading:
📌 A discipline mind
📌 A trading edge
📌 Risk management
📌 Long-term mentality.
MC IS ABLE TO SHOW NEW HIGH VOLUMEThanks for taking the time to read our update. Please note that this is not trading advice.
MC can demonstrate an impressive capacity to exhibit increased volume
This coin is not known very well. Some data shows that it can show new volume soon for the uptrend.
Since JUNE 2023 it has held the confirmation.
GOLD:Trading strategy
Gold today is the same as I predicted, falling as low as the 1915 support point.
I judged this morning that gold will test the three support points of 1921, 1918, and 1915, but I don't know which support it will fall to.So my trading order in 1927 ended up in 1921, but today it rose many times and did not break through 1927. After falling to 1925, I decisively sold again, and finally the support for 1915 was very strong.
The market changes very quickly every day, and you must adjust your strategy in time so that your chances of making a profit will be higher.
Now that gold is near 1916, we need to observe how strong the support of 1915 is. If it falls below again, then we must test the support of 1910, 1905, and 1900.
At present, gold is still in a downward trend, and the above support point becomes a resistance point, so you can choose to sell at a high level.
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UPDATE GOLD/XAUUSD ON TF H1
For today setup, i like to make sell position at price 1922 - 1924 for long position until 1903
for now i see Gold make a push until break 1910 - 1907 . we need to wait candle breakout solid at 1922 - 1924 for gold to make down trend.
🎯 The Ideal Combo for trading:
📌 A discipline mind
📌 A trading edge
📌 Risk management
📌 Long-term mentality.
Summary and forecast
This week, every day is the same as my forecast, gold has given me and my VIP customers a lot of surprises.
The market lacks news stimulus next week, and it is expected to fall slowly under the key high suppression point.
You can still trade in the range next week, but the chance of falling is higher.
Next week, I will still share my views so that everyone can gain.
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ZILLIQA AS NEVER BEFORE * THE ALL TIME HIGH 2023 $0,60HelloTrader,
Thanks for taking the time to read our update. Please note that this is not trading advice.
Zilliqa have an important confirmation since 24-09-2023 for new green time.
However, it's crucial to remember that we can't predict the future price with certainty. This update is based on our current analysis and expectations.
We've already seen increases in Zilliqa's price represented by A and B, and there's a good chance we're approaching the significant C increase, which could push Zilliqa to $0.60 in 2023.
Do you also believe that Zilliqa could reach $0.60 in 2023? Let us know your thoughts in the comments.
GOLD:Trading strategy
Yesterday, because of the Fed meeting, gold fluctuated a lot, but now it has gone out of the trend.
The content of the FOMC's meeting can be understood as a more hawkish suspension of interest rate increases.
In the morning, gold could not break through 1930. I decisively notified my customers to sell, which made us a lot of profit today.
Now, gold has fallen again because of the data on US unemployment benefits, so it can now be judged to be a downward trend.
You can choose the above pressure to sell.
Now we have to observe whether gold will go to the 1910-1915 range again?
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XAUUSD/GOLD UPDATE TF H1For today setup, i like to make sell position at price 1936 - 1938 for short position until 1918
for now i see Gold make a push to breakout setup at 1929 - 1931. If this zone breakout solid, posible gold can make push until 1936 - 1938.
for this weekly setup. cause yesterday gold collect order at 1945
🎯 The Ideal Combo for trading:
📌 A discipline mind
📌 A trading edge
📌 Risk management
📌 Long-term mentality.
GOLD:Trading strategy
Today, gold tested 1928-1929 many times, but it did not fall, so it proved that the support here is very strong, so I decisively asked my VIP customers to buy.
Gold gave us a surprise and made us a lot of profit
Now we need to pay attention to the resolutions of the Fed meeting, which will affect the trend of gold.
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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.
XAUUSD FOMC Analysis, possible entry!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GOLD:Trading strategy
After gold broke through 1930, it rose as high as near 1938, so now we can judge that the range is 1930-1938.
Before the Fed announced its interest rate decision, the market remained cautious.
So now the interval is getting smaller and smaller, but we can still make judgments based on the interval.
Before the results are announced, we still need to be cautious.
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GOLD Prices Shine as Investors Anticipate Fed's Hold on InterestGold Prices Shine as Investors Anticipate Fed's Hold on Interest Rates
The price of gold (XAU/USD) has been on a winning streak, extending gains for three consecutive days as investors eagerly await the Federal Reserve's (Fed) decision on interest rates, set to be announced on Wednesday. This surge in gold's appeal is attributed to expectations that the Fed will maintain the status quo due to falling inflation and a promising economic outlook. In this article, we explore the factors behind gold's recent rally and the potential implications of the Fed's interest rate decision.
Fed Expected to Hold Steady
Market sentiment is heavily influenced by the anticipation that the Fed will keep interest rates unchanged. This expectation is rooted in two key factors: decreasing inflation and a positive economic outlook. The Fed's decision to keep rates stable would be a response to these circumstances, aimed at supporting the economic recovery and ensuring stability.
Concerns Linger
While the Fed's decision to maintain the current interest rate may seem like a boon to the economy, concerns about a potential economic slowdown persist. Some investors worry about the concept of "higher interest rates for longer," fearing it could hinder economic growth. This concern stems from the belief that prolonged periods of low-interest rates can lead to bubbles in asset markets and distortions in the allocation of capital.
Inflation's Influence
One of the primary factors influencing the Fed's decision-making process is inflation. Rising energy prices have the potential to contribute to inflationary pressures, which, in turn, could impact households' real incomes. While the Fed aims to strike a balance between keeping inflation in check and supporting economic growth, the recent surge in energy prices adds an element of uncertainty to the equation.
Gold's Appeal Amid Uncertainty
Gold has historically been considered a safe-haven asset in times of economic uncertainty. As expectations of a Fed decision to hold interest rates steady rise, investors may turn to gold as a hedge against potential risks in the financial markets. The "golden path" for the U.S. economy, as envisioned by some investors, hinges on the Fed's ability to navigate the delicate balance between monetary policy and economic growth.
Conclusion
The price of gold has continued its upward trajectory as investors closely monitor the Federal Reserve's impending interest rate decision. The expectation of a steady interest rate policy, driven by falling inflation and optimism about the economic outlook, has boosted gold's appeal. However, lingering concerns about economic growth in the face of prolonged low-interest rates and the potential impact of rising energy prices underscore the delicate balancing act facing the Fed. As investors await the Fed's announcement, gold remains a symbol of stability in an uncertain financial landscape.
Our preference
Long positions above 1924.00 with targets at 1940.00 & 1945.00 in extension.
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
Today, gold is performing very strongly, and it can't even fall in 1922, but it hasn't broken through 1930 yet, so it's still uncertain about the direction of gold.
Now we can only judge that the approximate range of gold is 1920-1930.
So we trade around the range.
Short-term fast trading
Gold:buy1915-1920
TP1:1925
TP2:1927
TP3:1930 (If you break through strongly, you can continue to hold)
SL:1913
Gold:sell1928-1930
TP1:1924
TP2:1922
TP3:1915 (If you break through strongly, you can continue to hold)
SL:1935
The above strategies are only effective within the range, pay attention to risks
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XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GOLD:summary
This week, after testing around 1900 many times, gold rose directly, reaching a maximum of 1930, but it did not break through 1930.
Since there is no breakthrough in 1930, it is impossible to rise directly, and it will definitely fluctuate repeatedly.
From the technical point of view, Gold's daily cycle has closed, and it has risen continuously on Thursday and Friday. Obviously, in this state, gold will continue to rise, testing the daily Bollinger band high of 1950.
Next week, pay attention to the low points to support 1920, 1915, and 1905, and pay attention to 1930 and 1950 above. Among them, the break in 1930 can be seen as a unilateral rise.
Trading this week is not easy. Whether it is buying or selling, many people have not made a profit. Because there are few opportunities, the profit this week is not a lot, and it is only on the last day that they make a big profit.I hope that God will bless everyone next week and we will be profitable next week.
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XAUUSD UPDATE : 18/09/2023For today setup, i like to make buy position at price 1918 - 1916 for long position until 1933 - 1936
for now i see Gold make a push to breakout setup at 1918 - 1916. If this zone breakout solid, posible gold can make push until 1911 - 1909.
for this week setup. i can consider 50/50 because weekly close bullish rejection but daily still not pass level 1930 .
🎯 The Ideal Combo for trading:
📌 A discipline mind
📌 A trading edge
📌 Risk management
📌 Long-term mentality.