10.15 Gold Short-term Operation AnalysisGold fell for two weeks without breaking the 2600 area. On Friday, it bottomed out at 2602 and continued to rise. It is currently running at 2646. It did not continue the rise on Friday in the morning. It opened lower and fell by $10. Obviously, it is cold at high places. The continuous buying momentum of gold is not strong. Those who are familiar with the market know that if gold breaks through 2635, it will return to the 2628 to 2675 area to fluctuate. Just pay attention to the pressure of 2665 in the middle. The low opening and low movement in the morning are more due to the risk aversion on Friday. The news on the weekend is calm and there is no risk aversion news. Obviously, gold profit-taking is also a technical need. Since the high has fallen back by nearly $15, it is aggressive to participate in long-term entry, and it is prudent to participate in the 2620 loss in the lower track 2630 to 2625. Now the pressure is concentrated in the 2658 to 2665 area. We insist on not participating in any short-selling operations above 2665, unless the high is adjusted by 15 to 20 US dollars, we can choose to enter the market for short-term long positions. There is no major news today. The expected area is to fluctuate back and forth and wash the market mainly. The area is expected to be 2628 to 2675 for high selling and low buying.
Goldlong
Should we continue to short gold prices now?This week's operation is very simple. You can make money by buying at a low position. Review the trend of last week. After the whole trend had a significant negative impact, the price of gold was supported near the bottom of 2600. Then, with the promotion of geopolitics, the price of gold gradually rose, forming a force where bulls were stronger than bears. The sudden reversal of the market made some investors very panic. And I am here to tell you that this is a huge opportunity in trading. Don't panic.
After the market opened on Monday, it first had an expected correction. It was consistent with my expectations. But it fell by about 7 points than I expected. At that time, the expected position was 2650. Those who have read the articles I shared on Friday or the weekend know that I told everyone in advance. Then I notified everyone that the trend of today's opening would rise sharply. Indeed, it rose sharply after the correction. It was only 3 points away from the small target position of 2670. If you are in the experience group, you can see my strategy plan. Trade according to the buying timing of the fast trading strategy. You can get profits from three orders. They were bought at 2656.2650.2645 respectively. Then no matter where it rises to, the profit is very good.
So is it the time to short now? Indeed, for those who hold sell orders, this is a very entangled place. If you close the order, you are worried that the market will fall sharply and miss the decline. If you don’t close the order, you are worried that the market will continue to rise and the loss will expand. If you think this way, I suggest you leave me a message. I will tell you a detailed solution.
If you don’t hold a short order, then my suggestion is not to rush to sell the gold price. Wait and see. The market will not continue to rise. But it will not continue to fall. Trading is to find a good time in the right trend to buy low and sell high to earn the difference. Please don't be opportunistic. If you want to trade, but don’t know how to trade, leave me a message.
COMEX_MINI:MGC1! COMEX:GC1! OANDA:XAUUSD CAPITALCOM:GOLD
I have always emphasized that the current trading opportunities are huge. So if you want to make money from the trading market, remember to seize this opportunity. Instead of blindly trading, let your account go from 1 million to 500,000. Then to 50,000. Then to a few thousand.
If you continue to follow me for three days, you will know the current trend clearly. If you continue to follow me for a week, if you become a member of the fast trading strategy, then the profit will be qualitatively improved, because the profit of the previous week is visible and available to every member.
Stay tuned. I am George. I hope everything goes well for everyone in trading.
Gold Out LookIn my Previous analysis i have put an idea about gold to touch its Resistance level and we achieved that today now the confluence on gold is about buying because technically gold is moving HH & HL formation and now as it has made an HH its coming back for the retracment of that, which have observed on H1 to be completed over 68% also the confluence is 50 SMA price is hovering above that so we are bullish on gold
$Gold Market UpdateI’m currently watching a potential trap in the gold uptrend, and we just executed a perfect trade off the second retracement after a pullback. Given the rising tensions in the Middle East, there’s a strong possibility of a sharp surge in TVC:GOLD prices.
With Israel tightening its preparations for potential military action, markets may react with flight-to-safety sentiment, pushing gold prices higher. The overall trend remains bullish.
Happy Trading.
Those who short gold prices must watch! Be alert!
The first stage target of gold prices next week is 2670. I have already reminded you in advance on Friday this week. The gold price market is expected to continue to rise after the correction to around 2650. It is suitable to buy at low prices when operating. If there is a leading breaking news, this process will be accelerated. This conclusion was verified over the weekend. Next week, it will be directly reflected in the surge in the gold price market.
OANDA:XAUUSD CAPITALCOM:GOLD COMEX:GC1! COMEX_MINI:MGC1!
This is undoubtedly bad news for those who short gold prices. Gold prices will accelerate in advance next week. If you are a short-selling investor. Remember to be alert to the situation after the market opens on Monday. Maybe it is a good decision to stop losses in time.
I am George, an industry insider who has been paying attention to the financial market for more than ten years and maintaining active trading. I will use my professional knowledge to lead everyone to compound interest value-added. If you want to know more, remember to continue to pay attention. Tip: There are many trading opportunities at present, remember not to miss the opportunity to make money now! Others are greedy and I am fearful. Others are fearful but I am greedy.
Gold May Rise to 2675.00 - 2685.00 (READ DESCRIPTION)Gold May Rise to 2675.00 - 2685.00
Pivot Point: 2643.00
The pivot at 2643.00 is a key support level. As long as the price stays above this level, the bullish trend is favored.
Primary Strategy (Our Preference):
Entry Point: Long positions as long as the price remains above 2643.00.
Target Levels:
2675.00: The first upside target, marking a continuation of the bullish trend.
2685.00: A higher target, representing an extended move higher.
Alternative Scenario:
If the price drops below 2643.00, look for a bearish turn.
Entry Point: Below 2643.00, initiate short positions.
Target Levels:
2636.00: The first downside target if the pivot is broken.
2628.00: The next support level, indicating further potential downside.
Technical Outlook:
RSI Indicator: The RSI is bullish, indicating strong upward momentum and supporting the continuation of the current trend.
MACD Indicator: Although not mentioned here, the bullish trend is reinforced by momentum indicators like the RSI.
Moving Averages: The price is expected to be above its key moving averages, signaling further upside potential.
Market Dynamics:
A sustained move above 2643.00 keeps the focus on the upside targets of 2675.00 and 2685.00.
A break below the pivot at 2643.00 would shift focus to the downside targets of 2636.00 and 2628.00.
Gold 10.14 short-term technical analysis: shock downwardIn the early Asian session on Monday (October 14), spot gold fluctuated and weakened, currently trading around $2,655.18/oz. Although the US inflation data consolidated the prospect of a rate cut next month, the US PPI data also suggested that the inflation outlook remained favorable, raising the Fed's expectations for a rate cut in November. Gold prices rose by more than 1% on Friday, closing at $2,657.02/oz. At the same time, the safe-haven demand caused by geopolitical tensions in the Middle East also boosted gold. However, the US dollar index continued to rebound and is currently holding near a two-month high, which has made gold bulls cautious.
Friday's big rise in gold rose from the support of the daily moving average. We are not overly bearish on this wave. We can see that the daily moving average is around 2,630.
Technically, gold is fluctuating at a high level, and the high-level fluctuation channel has been drawn, with resistance at 2,660, so we are short at the resistance level of 2,660. Similarly, gold has found support near 2,610, and gold will continue to fluctuate between 2,610 and 2,660.
BTCUSD Shortas Israel and Iran War is on heads so due to undone Retaliatory decision of I-S-R-A-E-L BTC is stuck in a range but technically i am seeing a drop in the price of BTCUSD as BTC can fall to its daily Support level On Weekly to Daily its in Bullish but in H4 to H1 it seems to be Bearish so i am bearish on current moment if Geopolitical tension overcomes to increases we can any unexpected move on the pair but still we are Bearish over the pair to its Daily support level
Are you ready for the next round of profits?Recently, I found many friends who lost money. They are complaining about the bad market environment. In fact, for me, I don’t think so. On the contrary, I think the current market is a good time to make money. Because the market fluctuations are large enough.
This provides a good prerequisite for making money. Compared with the fluctuations of a few points every day, I think it is not a good time to trade at that time.
The strategy of fast trading has begun to run. If you are still confused or losing money in trading, you can consider joining the group of fast trading instructions. In this way, you can seize the opportunity to trade and expand profits at such a good trading time like most people.
The profits in the group for a week are very stable and huge. After all, the market has given such trading opportunities. It would be a bit inhumane if you don’t take these profits. So if you think so too, then join.
I am George. An industry insider who has been paying attention to the financial market for more than ten years and has maintained active trading. I will use my expertise to lead everyone to compound interest value-added. If you want to know more, remember to keep paying attention. Tip: The current trading opportunities are very large. The market is also very stable. Remember not to miss the opportunity to make money now.
CAPITALCOM:GOLD OANDA:XAUUSD COMEX_MINI:MGC1! COMEX:GC1!
When can I short gold prices?From the trend, the gold price will still fall back to 2650 to test the support. If the support is confirmed to be effective, it is an opportunity to buy. The target will reach the pressure test near 2670. Just observe from the trend line. If there is a geopolitical news outbreak that is good for the gold price at the weekend, the effect will be more direct. The gold price may even rise directly. So the trading theme next week is mainly buying on pullbacks. Friendly reminder.
To sum up this week's trading, almost all of them are victories. Traders who follow the fast trading strategy have a proud smile on their faces. After all, there is no defeat this week.
Yes. The fast trading plan is customized for everyone. Especially for traders with a bad trading mentality, lack of confidence in trading, and always losing money in trading. They don't know how to buy or sell at a precise position and how to set stop profit and stop loss. Hand-in-hand teaching. Let you know that trading can really become very simple. Of course, the final fast trading strategy is oriented to trading results. Traders who don't want to make money are not good traders. Do you think so? Friends who like it remember to click and follow. We will continue to share next week. CAPITALCOM:GOLD COMEX_MINI:MGC1! COMEX:GC1! OANDA:XAUUSD
ETHUSDT LongOn Ethereum vs US dollar we had a upwards trade but now in this anylisis i want to confess that the pair is in bearish trend but as i am seeing the pair is going to atleast complete Lower high and in H4 to H1 its in a Bullish trend due to its lower high completion so we will be having a long trade over this price and then will start a bearish continuation
GOLD ATH!According to the previous analysis, the price exactly reached our goal.
Now the price should correct to 2643 on Monday after a small rise.
In the rest of the week, gold should break its previous price record
As the gold chart gives us this sign, Israel will attack Iran this week and gold can rise to the price of 2772.
XAU/USD longs from 2,620.000 back up The outlook for Gold looks promising as we are now aligned with the pro trend. I’ve observed a clear character change to the upside, along with accumulation on the higher time frame, signaling that price is ready for a potential rally.
Currently, I’ll be waiting for price to retrace slightly, sweeping the untouched Asia low and tapping into my marked demand zone. At this level, I’ll be looking for confirmation on the lower time frames before targeting the trendline liquidity, particularly near the all-time highs (ATHs).
Confluences for Gold Buys:
- Market Structure: Both higher and lower time frames are strongly bullish.
- Wyckoff Accumulation: Price has formed a Wyckoff accumulation pattern on the higher time frame, indicating a trend shift.
- CHOCH: A change of character (CHOCH) has occurred on the 4-hour chart, confirming a directional shift.
- Liquidity: Significant upside liquidity in the form of trendline liquidity, with ATHs in view.
- Key Demand Zone: A strong daily demand zone caused the structure shift, making it my primary point of interest (POI) for the week.
P.S. If this demand zone fails, I’ll be looking for a potential long setup forming around the 10-hour demand zone. New ATHs possible?
Gold continues to rise in price as the fear of recession increasGold continues to rise in price as the fear of recession increases
By examining the trend in the one-hour time frame, gold has broken the ceiling of the descending channel in the range of 2650-2644 and now, on the condition of maintaining and not registering any close candle time of one hour below the important support interval in the range of 2650-2644, It can increase as long as the length of the first descending channel to the resistance of the ceiling of the second descending channel in the range of $2,697.
GOLD Short-Medium-Long Term analysisGold is in a different stage than it has been for over a decade.
After a consolidation from the massive 2000-2011 bull run, GOLD has broken out of its 13 year Cup and Handle.
Longs will witness a historical move as this only happens every several decades.
Few and far between, metals bull markets come rarely, but when they do, nothing beats it.
Watch for details.
AUDUSD LongAustralian 🦘 dollar vs US dollar i am watching it closely as in the next week i see a flying in the pair as Australian dollar is getting stronger against US dollar index
Technically i am watching that the rally upwards will complete its 68% of Fibb retracement and after this i am expecting flying in AUD