XAUUSD: 18/10 Today’s Trading StrategyFrom a general perspective, gold is undoubtedly still in an upward trend. Under the influence of the Palestinian-Israeli conflict, the market has also formed a strong V-shaped reversal, and the magnitude of the reversal has broken through the upper track of the downward channel. On the surface, this is A very strong upward structure, but since last Friday’s unilateral increase of more than 50 US dollars has consumed most of the demand, the shock and upward trend will continue in the short term. It is worth noting that the increase is close to the daily high line, and it is also in the previous band. The high point is parallel to the pressure point, so the focus of pulling up again is to pay attention to the strong pressure in the 1948-1950 range above in the early stage. Only after a breakthrough will a complete strong pull be formed, otherwise the price will fall back again to test the effectiveness of the support below. !
The current Asian market has begun to rise strongly, so it is no longer appropriate to chase higher in the short term. The 4-hour level of 1930 has become the first low point in the short term, and is currently oscillating upward to form a second low point. If the short term goes back again, it will be verified that the lower 1930 After the nearby support is effective, you can consider going long again and do the third stage of the rise, which is the triple top structure of the small-level shock trend. If the third stage of the rise happens to be blocked at 1948-1950, you may experience shocks. , then it will no longer be suitable for any chasing long transactions, and will even gradually go short. At that time, we will make a detailed analysis of the specific situation. Short-term trading will temporarily remain low and long above 1930, and the price will continue to rise. The upper focus will be on 1948- 1950 important pressure
SELL:1945~1948
SL: 1952
TP1:1940
TP2:1934
BUY:1930~1933
SL:1926
TP1:1938
TP2:1944
Goldlongsetup
Gold increased violently, starting from 1880 USD?Hello dear traders! Gold today increased as predicted to nearly $1880. Gold is trading steadily due to the decrease in US Treasury yields caused by the latest FED meeting minutes.
The 1-hour chart shows that after breaking out of the sideways movement last week, Gold made a significant jump to reach $1876 and continues its upward trend, currently trading at $1877.
From a personal perspective, Gold is expected to reach $1900 after touching $1880 today and then face resistance at the previously broken support level before the trend continues.
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XAU/USD Long Opportunity: Pushing Off From Lower Corridor BorderGreetings traders!
We're currently observing a compelling setup in the XAU/USD pair. The price action is oscillating within a well-defined corridor. Recently, there's been a notable rebound off the corridor's lower boundary, indicating bullish momentum.
Entry Zone:
Our optimal buy-in range is situated between 1846 and 1854.
This zone is derived from recent price behavior and supports that have demonstrated resilience.
Take Profit Targets:
TP1: 1870
The initial take profit target is set at 1870. This aligns with some minor resistances and potential profit-taking zones.
TP2: 1884
Our second target is 1884, corresponding with more robust resistances and historical price action.
TP3: 1894
The final ambitious target is at 1894, which could be reached if bullish momentum sustains and manages to break past earlier resistances.
Stop Loss: 1827
To manage risk effectively, we're placing our stop loss at 1827. This level is strategically positioned below recent lows and provides a buffer against adverse price swings.
In conclusion, the current setup on XAU/USD presents a compelling long opportunity, but as always, exercise caution and employ proper risk management. Good trading, everyone!
XAUUSD: Gold’s correction is another opportunity to buyGold has pulled back as scheduled, but it still stands firmly above yesterday's consolidation. That means the upward trend remains unchanged. The pullback is a buying opportunity. Buy directly at the current price of 1856 in the European market. It is bullish. Lay out the current price and refuse to be an afterthought!
The trend is rising and the market is in the right direction, so don’t be afraid of a long way to go! Think about yesterday's trend. Didn't it fluctuate for a day and then surge to a new high in the evening? The recent trends follow this pattern, with the Asian and European market adjusting and the US market rising!
Now the pullback gives us another opportunity to enter and buy again! Then follow the plan, enter the market directly by going long, and just continue to be bullish!
XAUUSD: 2/10 Today’s Trading StrategyGold continued to consolidate at low levels on Monday. Gold prices suffered a sharp sell-off last week, continuing and accelerating the downward trend that began after the Federal Reserve raised interest rates on the 20th and kept interest rates unchanged. Previously, the Federal Reserve reiterated that interest rates will remain high for a longer period than previously expected. , and there will be at least one 25 basis point interest rate hike. Gold has been sold off due to concerns about high interest rates, and gold prices may fall further in the first week of October. The interest rate theme has markets on edge and gold's behavior as the Federal Open Market Committee (FOMC) has been aggressively bearish.
Gold fell rapidly to $1,850 in a short period of time last week. The bearish situation seems not to be over yet. After the gold price rebounded on Friday, it tested the resistance and then was pressured to break through the bottom. The price has gone out of the space of tens of dollars in both long and short positions during the day. The current gold trend is downward, and the market on Friday is a buying after oversold. The rebound of the market! Surprises can also happen in trending markets! Gold has no real moving average support in the booth and before the moving average golden cross, the downward trend will continue! The current key pressure is still the pressure position of the 4-hour mid-track! The two moving averages are parallel and downward, which means that the trend is intact, so just rely on the pressure position to go short. The short-term long-short watershed is currently around 1867.
Shock adjustments began in early trading this Monday. The current moving average maintains a long-term dead cross suppressing the price of gold. The pressure on the short-term moving average has reached the 1861 line, while the pressure on the trend line is at the 1860 line. However, such a big rebound is not expected during the day. , today’s solid operation strategy is to wait for the price to rebound before going short.
SELL:1845-1848
SL:1853
TP1:1938
TP2:1832
TP3:1828
It is currently in a downward trend, and the risk of going long is relatively high. It is not recommended to participate.
XAUUSD: 28/9 Today’s Trading StrategyOn September 28, the gold market started to fluctuate. It will take some time to digest the large movements yesterday. Gold is currently trading at around 1876. The price of gold fell again on Wednesday and fell for the third consecutive trading day. It fell below 1880 for the first time since March 13. The intensity has further increased. Although it has fallen beyond the lower track, there is a certain demand for a technical recovery. However, the indicators in the attached picture still show no signs of weakening short positions, which implies that there is still room and strength to continue to decline in the market outlook. The trend will rely on the lower Bollinger Bands or the resistance of the 5-day moving average for high-altitude entry, waiting for the weekly target to be reached. The current high of 1950 has clearly peaked. This impact has led to a negative decline in 1947, laying the foundation for the Air Force's downward trend. The Federal Reserve's interest rate hike expectations are even more hawkish, and the fundamentals are overwhelming the bulls. The daily line also surges higher and then retreats, and the volume continues to decline, and the MA5-MA10 moving average crosses over. The weekly line is also repeatedly under pressure at the Bollinger Track and enters a volatile downward stage.
Yesterday, the technical side of gold opened and saw the day's high of 1903. The line continued to come under pressure and fluctuated downwards. The European market further accelerated downwards and penetrated 1890 and continued to weaken. The US market accelerated downwards and penetrated the 1880 integer mark and continued to fall back to 1872. Weak closing, the daily K-line fell back and broke the bottom, and the overall price hit a new low for the year. It can be seen that the rebound was very little, and there was no chance for a rebound. The golden four-hour line continued to have a negative line downwards, and the last two days have all closed with a negative line. , directly breaks through the support level, from 1910 to 1900 and then to 1890, each support level is passed directly in one step. This is the strength of the short position, and trading with the trend is inevitable.
So for today's operation, just take advantage of the trend and go short. We will not consider long orders for the time being. If the upper limit touches near 1882, we will directly go short. The stop loss is still 7 US dollars, and the target is 1865.
XAUUSD:25/9 Today’s Trading StrategyGold stabilized at the 1920 mark last Friday and ushered in a shock rebound and recovery. The Asian and European markets fluctuated sideways above 1925, showing a defensive trend. In the evening, the US market accelerated slightly and reached the 1929 line, falling back and closing with shock. From the perspective of technical analysis, gold Judging from the above, the current trading daily level structure shows that after the market rebounded higher in the first half of the week last week, there was a dive on Wednesday night, breaking the illusion of the bulls. A big negative line on Thursday reversed the rebound. Although the rebound closed on Friday, it was just a retaliatory rebound for the previous consecutive declines and did not affect the downward trend. Therefore, the bottom is expected to continue this week. In the short-term bull counterattack last Friday, the market broke through the 1924 suppression level, but under the heavy pressure of 1930, the rebound was curbed. The golden four-hour line continues to remain above the 50 moving average. The fall of the K-line is a normal trend. The more the fall, the higher the rebound. This is inevitable. At the same time, the bottom continues to maintain a big positive line to stop the decline, and strongly supports the K-line, 50 The moving averages continue to show signs of rising upward. Although the lows are also constantly rising, the stochastic indicator is currently trending toward a dead cross, running bearish and downward, and the BOLL central axis is temporarily suppressed. Therefore, in the short term within the day, there may be a shock retracement first and then Downward trend. Therefore, in the short term during the day, Jiesse still recommends short selling at high prices to operate!
Gold operating strategy:
SELL:1927-1930
SL1935
TP1:1923
TP2:1918
XAUUSD: Gold returns to support, ready to buyLooking at the trend of gold, it started to fall after encountering resistance and the pressure of the daily Bollinger upper track, so the current trend of gold is still fluctuating at the daily level! After the data, the market surged higher and fell back, and now it has fallen to near the support of the 4-hour Bollinger Band! Have rebound demand!
Gold is still in a big shock trend at the daily level. Operations should be treated as shocks. Pay attention to the pressure at the 1936 position above the rebound. If there is resistance, we are always ready to go short!
Before that, we can seize the opportunity of a wave of rise
As of now, our golden winning rate still maintains a 100% winning rate, and I will continue to maintain it. If you want to get my accurate signal as soon as possible, you can contact me below
XAUUSD: 20/9 Today’s Trading StrategyIn today's Asian trading on Wednesday, gold suddenly fell sharply in the short term, and the price of gold once fell below 1930. Yesterday, the U.S. dollar index showed a V-shaped trend. It fell to an intraday low of 104.81 before the U.S. market, and then strongly recovered all losses, finally closing up 0.06% at 105.13.
Gold prices retreated from fresh two-week highs ahead of the Federal Reserve's interest rate decision, with the outlook currently remaining neutral. The Federal Reserve will present new economic forecasts at the same time as it announces its monetary policy decision. Yesterday, spot gold fluctuated within a narrow range above the $1,930 mark. It once rose to an intraday high of 1,937.43, then gave up all gains and turned lower, finally closing down 0.13% at 1,931.31. Gold rose slightly after the opening yesterday, but its performance was weak during the European and American trading hours. The top-bottom transition we mentioned earlier was around 1930 and was temporarily broken through. However, the bulls did not forcefully continue before this action was completely completed. The rise began to show lack of momentum near 1935.
On the 4-hour trend, the continuous high fluctuations caused the short-term moving average to gradually diverge downwards. The K-line began to slowly come under pressure on the short-term moving average, and the short-term trend showed signs of weakening. Although the current price is still running near the previous support band around 1930, the rebound is not too strong and the short-term trend is weak.
So today’s gold operation idea, Jiesse recommends going short on the rebound and then consider going long on the low!
Gold operating strategy:
SELL:1935-1937
SL:1942
TP1:1930
TP2:1925
XAUUSD:11/9 Today Gold Trading StrategyLast Friday, the gold market as a whole experienced a narrow range of shocks around the 1930 mark. During the Asian and European trading sessions, the price quickly shot up and broke through the 1927 mark, but then encountered suppression and fell back, falling further and falling into sideways fluctuations. It began to fall rapidly in the US market, but stabilized near the 1920 mark and ushered in a rapid rebound. In the end, the price broke through the 1929 line, but still fell back under pressure, and fell again to near the 1917 mark in the market outlook, finally closing at around 1918.
Gold countered in early trading last Friday, and temporarily stopped after reaching a maximum of around 1929. At the same time, the European market did not move weakly, and was relatively resistant to decline. From the current market point of view, there is a long shadow line on the daily chart. , it remains to be seen whether it is stabilizing for the time being or whether it will decline further after the mid-rail correction. From the chart, it still shows a downward trend, but the price has support here at the mid-rail. Judging from the trend on Friday, the rebound is relatively weak. We The predicted 1930 target has not been breached. Decline is the main trend at present. The decline is mainly passively affected by the strong rise of the US dollar index. The lower support will remain at last week's low of 1914. The probability of this position continuing to fall is low. The daily line closed with a small positive on Friday. It is also very likely that it is a reversal signal from the bulls, and the daily line is still relatively in the upward channel, so for today's operation, it is relatively simple. Therefore, the intraday operation can be considered to be mainly within the 18-20 range. When reaching this position, adopt a long strategy and look at the 1930 position above. If the position is broken, you need to wait for the market to stabilize before considering shorting.
Gold operating strategy:
BUY:1918-1921
SL:1913
TP1:1925
TP2:1930
Gold: Buy more in 1913, the US market continues to be bullish!
Gold is still in a bullish upward trend, and the pullback is still an opportunity to go long. Now that the market has fallen back, it will be more direct. The current price of 1913 is more, and the 1935 line is bullish!
Gold has now started an upward trend, and shocks and callbacks are inevitable, but every callback is an opportunity to go long again! And the current market is concentrated in the US market! And the current support position is the 1913 line, the bullishness of gold at this position remains unchanged, more, continue to do more!
The trend is rising, and the pullback will continue until a new high is reached in the US market. Only after the market reaches the 1935 line, will this rise be possible to end!
XAUUSD: 17/8 Today's Trading StrategyIn early Asian trading on Thursday, the U.S. dollar index continued to rise, hitting a more than one-month high of 103.59 at one point. In the early morning, after the minutes of the Federal Reserve meeting showed that most policymakers continued to put the fight against inflation first, spot gold extended its intraday decline, falling below the previous low of 1893, the lowest since March this year, and finally closed down 0.49% at 1892.33
This trading day focuses on the number of initial jobless claims in the United States for the week ending August 12, and the number of continuing jobless claims in the United States for the week ending August 5. Gold fluctuated at a low level yesterday. Although it rebounded, it still failed to break through 5 The daily line pressure, the tone of the Federal Reserve meeting minutes in the early morning was relatively hawkish, causing gold to fall below 1900 again, and the low fell to around 1890, and the daily line closed again.
The 4-hour chart relies on the middle rail as the resistance point for a unilateral weak decline. This week, it basically sorts out the pressure at the middle rail and then falls to the lower rail. At present, a bardo line is close to 1893 but has not bottomed out Afterwards, it rebounded, but closed at a low level. Today is expected to continue the downward trend. At that time, it will close below 1893 and the form will effectively fall below. The 4-hour chart is still bearish; the 1-hour chart is running in a downward channel with shocks, and the daily gold short-term operation idea is on. Jiesse suggested that the rebound should be short-selling, supplemented by stepping back to the low position and doing long.
Gold operation strategy:
SELL:1899-1902
TP1:1895
TP2:1890
BUY: 1883-1885
TP1:1889
TP2:1893
Gold trend next week
Gold prices fluctuated and fell last week. But the 1910 support level below is still strong. The most prominent event risk affecting gold prices next week is the U.S. retail sales data for July, which is scheduled to be released next Tuesday, and the Federal Open Market Committee (FOMC) ) latest meeting minutes,
which should give markets an idea of what's going on with the consumer, as well as the Fed's view on the economy.
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GOLD: Predict next week!Gold prices rebounded strongly amid mixed US Nonfarm Payrolls report. The new job addition was not as strong as expected by market participants. This makes the price of gold a bit volatile as it is still in line with last week's prediction
Next week's prediction: Gold continues to move sideways around the 195x zone before breaking out and continuing to rise!
xauusd:The support level 1965 has a huge upside
Gold formed a big positive line yesterday and rose in volume, confirming the stable situation after stepping back to 1946 the day before. It broke high again the next day, closed at a high level, and continued to stabilize at a new high level. It hit a recent new high of 1985, getting closer and closer to the 2000 integer mark. There is a little room for release today, and it is expected to touch the 2000 mark. At present, the daily line closes at a high level, and the short-term will continue to rise moderately. Judging from the K-line shape and the moving average indicators, gold has formed multiple divergent patterns, and with the upward moving average indicators, it has formed a supportive upward trend. The breaking high of 1963 has also been converted into a support level.
Overall, gold continued its upward momentum, breaking highs became support. Continue to be bullish today, and it is expected to gradually break through the 2000 mark.
gold buy 1968-1973 tp 1990-2000
Gold's Next Big Opportunity: 1880-1850
Follow me, they seized the opportunity for gold to rise from 2000 to 2050, and also seized the opportunity to fall from 2020 to 1920, and they made a lot of money!
Now, how to trade? Follow me, let me take you through analysis bit by bit.
We continue to observe with the 4h chart.
Now, it is around 1920. Looking at the overall shape, its falling process is very similar to the previous rising process. It has undergone repeated shocks from 1930 to 1980, and now it has returned to below 1930. If it wants to rise higher (1950-1980), it must first break through the resistance of 1928-1937, but judging from the current shape, the probability of breaking through 1937 is not high.
Well, since it is unlikely to break through 1937, it means that it will fall again. Let's analyze the upward trend of 1800-2000.
When it is forming the bottom, completing a breakthrough, and rising rapidly, its backtests are 1885, 1908, 1935, 1951, and 1973. During the upward process, they are support, and once the trend turns downward, they will become resistance. .
Now, only the support of 1908 and 1885 still exists. If 1935 cannot be recovered, the next decline will be around these two points.
This is our next direction. If it falls below 1880-1850, it will return to 1800. At that time, there is a high probability that it will return to above 1900 and face new resistance.
If it fails to break through at that time, it will form a head and shoulders pattern, and this process may take more than 3 months. But if there is such a trend, please be sure to catch it, it will bring you very, very rich profits, and finally, please save this analysis chart!
I will start trading this strategy today!
An idea on Gold before breakoutMany technical analysts are talking about a Cup and handle pattern on Gold. I used to agree, but now as the chart shows, it could be forming an inverse head and shoulders pattern before breakout. If true, bulls will have to wait well over another year for the breakout.
OANDA:XAUUSD
XAUUSD: Go long at current price 1906, target 1920Yesterday, I went long first and then shorted. The BUY1906 and SELL1912 provided by gold all arrived near TP to close the order. Next, before the gold entity falls below 1900, the gold will be long and then short!
Gold once again recorded the bardo line on the daily line yesterday and closed at the 1907 line. The entity broke the previous low of 1920 line and the lower track of the 1913 Bollinger Band. Now the bottom support has transformed into top pressure.
In the short term, gold is currently seriously oversold. Today there is a demand for rebound and repair indicators. In addition, gold is close to the 1900 integer mark. Don’t blindly chase short here. In addition, the US dollar has risen to a weekly level of pressure. Pull back at any time, and gold and other entities will break the position The 1900 mark is considering chasing short.
Gold trading recommendations for
The triple top on the gold weekly chart continues to suppress gold. The daily line is now a positive line, and it is not that kind of big positive line. For the time being, it can only be regarded as a rebound. This wave of gold daily market has gone through five waves of rise, and now it is a big C wave adjustment of ABC adjustment. Is wave C now over? The gold daily line has not even broken through the downward trend line, and the trend line resistance is around 1930. Before it effectively breaks through 1930, we will continue to look at the daily short line, during the decline of the big C wave.
For the time being, gold can see signs of continued rebound in 1 hour, and there is an upward trend line support around 1910, but the daily downward trend line resistance is 1930, and 1930 is an area that has formed resistance many times in the early stage, and no effective upward reversal has been formed. So now 1930 is still very important in the short term. At the beginning of next week, you can sell high and buy low in the 1910-1930 range.
Trading inevitably requires luck in some places and times, but in the long run, good luck and bad luck will balance out. If you want to last for a long time, you must rely on skills and use good principles. How far a person can go depends on who he walks with; how good a person is depends on what kind of friends he has around him; how much a person can achieve depends on who guides him.
Trading strategy for next week:
gold: sell@1930 tp:1910
buy@1910 tp:1930
Next, there will be a lot of trading opportunities for gold, and I will provide you with more signals, don't miss the opportunity to make money!
XAUUSD: Focus on 1910, short in the morning for profitWaiting for the bottom to do long, let’s look at around 1910 and you can go long. Now after a short-term decline, it has entered the consolidation stage, and it is not suitable to open a position for the time being
! ! Congratulations to the early empty order TP leaving the market! !
In the early trading gold, we recommend shorting the first line from 1935 to 1937, and finally calling for a firm offer to buy in 1933, 1923TP
The golden hour line has always been empty below 1937, and any rebound position can be empty. The defensive position is on the 1937 line.
At the same time, the top is still in the form of a 30-minute triple top. This form is more obvious at present. The upper edge of the downward channel still controls the breakthrough of the K-line and is directly suppressed by firepower. Currently, the downward channel continues to be maintained.
Gold trading recommendations today
The decline in gold remains, 1930 short!
The current short-term gold has gained support and rebounded, but has the decline changed? not at all! It can be seen from the hourly chart that even though the market took a strong backlash on Friday, the final rebound did not break through the suppression of the long-term moving average, and it was still a bearish decline!
The key pressure now is the long-term moving average suppression position on the hourly chart, which is the 1930 position, and this position will continue to be short directly! Defense is Friday's rebound high of 1938!
Next, there will be a lot of trading opportunities for gold, and I will provide you with more signals, don't miss the opportunity to make money!