Gold trading analysis
The market is changing, and I must also change, the market resistance line 1984
The gold trend still has not broken through 1984, so it will continue to fluctuate, and if it does not break through, it is an opportunity to short
1984 has suppressed the price of gold, such a structure is that the rebound does not break through, the price of gold will continue to decline, before the breakthrough, continue to short is a good opportunity.
Trading straregy:
gold: sell@1980 tp1:1974 tp2:1970
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!
Goldlongsetup
Gold transaction analysis
From the current point of view, gold was strongly supported on Friday, and there is a greater possibility of short-term volatility in gold. It is recommended to go short at a high level.
Although gold has been able to hold on to 1950 at present, it has also successfully rebounded to near 1975. Through analysis of the multiple rises and falls last week, the current highest point has appeared, and gold should be short-selling in the short term.
The upper part mainly focuses on the vicinity of 1980-1985, and the lower support point focuses on the vicinity of 1965. In a short period of time, the market may remain between 1960-1980, and the range of shocks will gradually shrink.
Trading strategy:
gold:sell@1980-1985 tp1975-1970
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
Analysis of short-term entry trading points for gold next week1. The short-term gold hits the top 1980-1984 high again and the suppression will not be broken. You can temporarily consider placing short orders to see the callback repair, and stop the short order at 1986 to prevent the market from continuing to rise unilaterally. At present, the bottom of the short order should first look at the support of 1968-1970 , If it falls below, pay further attention to the lower low point around 1958-1960!
2. As a whole, gold will look at the pullback strength after the opening of the market next week to determine at what point it will start to stabilize and go long. On Monday, it is expected that the short-term fluctuations in the overall market will not be too large, so let’s first look at the first support near 1968-1974 Can it start to stabilize and rebound, and the layout of this point is long, the lower stop loss will be placed directly at the 1865 low, and once the market continues to decline again at the 1965 mark, then our next key support needs to look at the 1952-1957 low. Whether it has stabilized and rebounded again, and for this long order, first of all, it depends on the situation at the top of 1980! If you stand firm, look further at the 1984 high point to suppress the breakthrough!
3. If gold directly rebounds strongly again, the first and most important high-level suppression is the vicinity of the 1998-2007 mark. Once the gold continues to rebound and hits this high point, the suppression does not break, it means that the strength of the bulls has begun to weaken again, so we are in the middle and long term The key points for re-arrangement of empty orders, and for this mid-to-long-term empty order target, we will temporarily look at the low line of 1958-1952 below, and continue to break through the line of 1952, indicating that the bears have begun to exert their strength again, and we will further see 1945-1948 below Important position!
Investment is a long-term process, don't think about getting rich overnight. How can you invest without a good attitude and order planning?
Friends who are interested in investing in gold and crude oil but have no way to start, or are already in contact but the transaction is not ideal, you can contact me
Gold is about to reboundNews side:
International gold closed down sharply on Thursday (May 18), with an opening price of $1980.18/oz, a highest price of $1985.78/oz, a lowest price of $1951.79/oz, and a closing price of $1955.85/oz.
News side:
The monthly rate of leading indicators of the U.S. Conference Board in April released on Thursday recorded -0.6%, in line with market expectations, and the previous value was -1.2%. The market expected 254,000, and the previous value was 264,000.
According to the commentary, following the "falsely" inflated data in the previous weeks, the number of people filing for unemployment benefits in the United States hit the largest drop since 2021. Initial claims for state unemployment benefits fell by 22,000 to 242,000 in the week ended May 13, according to data released by the Labor Department on Thursday. Continuing claims fell slightly to 1.8 million in the week ended May 6. Some economists have been wary of drawing strong conclusions from the data amid reports that fraudulent filings are behind the recent trend in jobless claims. Massachusetts accounted for nearly half of the national increase in unadjusted applications for the week ended May 6, which state officials said was largely due to fraud.
Fed official James Bullard said concerns about the impact of banking stress had been "overemphasized." He would keep an "open mind" about his next policy meeting in June, but signaled he was inclined to support another rate hike.
Focus on today:
14:00 German April PPI monthly rate
20:30 Canadian retail sales monthly rate in March
20:45 Fed Williams delivers a speech
21:00 Federal Reserve Board Governor Bowman participated in the session
23:00 Federal Reserve Chairman Powell attends the discussion
At 03:00 the next day, European Central Bank President Lagarde attends a group meeting
Gold aspect:
Gold continues to break new lows, and the daily support has been broken! There is only one result of such a trend, continue to break down! The support below is the previous support area of 1930-20! Short, the rebound in early trading relies on the pressure of 1970 to continue to short!
The trend is down, the most important thing is to follow! Although the market moves slowly, but in the right direction, profits are within reach! In just three days, gold has fallen by $70! The trending market is the profitable market, you must seize it!
Today's Asian-European gold is estimated to fluctuate and adjust first, and then continue to decline after a break! The recent market is concentrated in the U.S. market, so after the intraday rebound encounters resistance, find the right opportunity to go short and wait for the U.S. market to break out!
specific strategy
Gold 1970-1972 empty, stop loss 1978, take profit 1930.
The above suggestions are for reference only, investment is risky, and operations need to be cautious
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The Gold Standard: Fibonacci Predicts a Soaring $2400 and $2750Analyzing gold's price history on a logarithmic scale since 1979 through Fibonacci extensions reveals an interesting pattern.
Based on Fibonacci clustering, suggests a promising upward trajectory.
From gold's journey from $850 to $272, then soaring to $1900 before retracting to $1000, and recently rebounding back to $2000 , we've identified significant Fibonacci clusters.
These clusters signal potential resistance levels, setting the stage for gold's next move. My prediction, grounded in these patterns, points towards gold rising towards the $2400 mark in the mid-term, and potentially even reaching $2750.
1. Inflation and Economic Uncertainty: Gold is often seen as a safe haven asset during times of economic instability and inflation. As central banks worldwide have been injecting massive amounts of liquidity into the market to mitigate the effects of the COVID-19 pandemic, fears of rising inflation have increased. This could lead to a surge in demand for gold as investors seek to hedge against inflation, thus driving up its price.
2. Low Interest Rates: Central banks around the world have been maintaining low interest rates to stimulate the economy. This makes other yield-bearing assets less attractive, pushing investors towards gold and potentially raising its price.
3. Geopolitical Risks: Escalating geopolitical tensions can also boost the demand for gold as a safe-haven asset. Should conflicts arise that threaten global stability, investors may flock to gold, increasing its price.
4. Weakness in the US Dollar: Gold is priced in US dollars, and a weaker dollar often makes gold cheaper for holders of other currencies, which can boost demand for gold and raise its price.
5. Potential Return to a Gold Standard: Speculation or movement towards reinstating a gold standard, where a country's currency value is directly linked to gold, could create significant demand for gold and therefore contribute to a rise in its price. This could be in response to concerns about fiscal responsibility, inflation, and economic stability.
6. Fibonacci Predictions: The Fibonacci retracement levels derived from historical price data suggest potential resistance and support levels for gold prices. These levels provide insight into the upward trajectory of gold prices, in this case, they suggest that the price could rise to $2400 and $2750.
Gold continues to be empty
Continuous short selling, continuous profit.After the direction came out, he dared to enter.This time the gold price is the same as my judgment. The gold price will fall to 1970, and all the orders will be killed before the rise will be ushered in.
I judge that the ultimate goal of this wave of empty orders is to fall below 1970, because only in this way can all the bulls be turned over and the last line of defense of the bulls be broken.
Trading straregy:
gold: sell@1989 tp:1970
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!
Gold profit 18% stop profit on May 8The overall price of the gold market fluctuated little today, but we bought long orders at the price of 2015 at the opening of the market and took profit in 2027
Sell 2018 at the intraday price of 2026 to take profit
Two precise trades gave us a 20% profit today
It can be said that it is also a very good day.
After the second transaction, many friends asked me why I can accurately grasp the trend every time. I can only say that it is experience. I have been trading in the gold market for more than ten years and spend twelve hours a day studying the news and information of the gold market. On the technical side, it is common for me to grasp the trend now. Of course, I cannot be 100% accurate, but I can guarantee an accuracy rate of more than 95%.
So let's get down to business, I will push real-time current price call orders every day to prove my strength. At present, the daily operating profit continues to increase
I believe that friends who have followed my experience have sharp eyes. After a period of communication and experience, as well as the verification of the market, I believe that the accuracy of the list can conquer all doubts and ideas
Although my main account is no longer updated, but the old new account will continue to share with you thoroughly
Analysis of the message side:
At the beginning of May, the Federal Reserve decided to raise interest rates by 25 benchmarks, and announced the US non-agricultural employment report for April. The important information basically did not bring too many surprises and emotional value to the market. The follow-up market still needs to pay attention to three changes. First, Whether the Fed will raise interest rates or suspend interest rate hikes in the future will be the main factor affecting the future market. Second, whether the crisis in the U.S. banking industry will continue to decline or improve. Third, the situation between Russia and Ukraine is still inevitable in the future. Topics, these three points are important topics for discussing changes in the global economy. This week's focus will be on the meeting between US President Biden and the four leaders of the US Congress on the debt ceiling issue at the White House. Furthermore, the annual rate of CPI at the end of the April quarter will be announced on Wednesday, which will be another important data that will detonate the market.
The intraday market is light today, and there is no key data to pay attention to.
The basis of the analysis is the interpretation of the fundamentals and the confirmation of the technical aspects. The fundamentals this week need to pay attention to the impact of the CPI data, changes in the situation in Russia and Ukraine, and the signal released by the Federal Reserve. Technical changes need to be determined according to changes in the market that day. First of all, the bullish trend of gold remains unchanged during the week. As long as gold is above 1935, it must be a bullish trend, and above 1970, it must be absolutely strong. Therefore, even the sharp drop in non-agricultural data last Friday did not change the temporary gold Therefore, we will remain bullish in the long-term during the week, do not guess the top, and mainly trade low and long, supplemented by short-term. However, this week's bullish gold is expected to rise first and then fall, and the downward trend in the cycle cannot be ignored.
As far as the intraday market is concerned, the information flow of intraday changes is not large. Judging from the shock closing performance of the daily line, the largest range this week is 2042/1970, but the daily line closes in a negative direction, and it is expected to rebound to 2042. Not much, the maximum value is expected to be around the synchronous high of 2032 in the H4 cycle. This wave of rise and rebound is expected to continue until Wednesday's CPI data. After the end, we will look at the impact of the data. After the end of the daily rebound at the beginning of the week, we will see room for a slow decline. At the bottom, we need to pay attention to the lows of 2000 and 1970. After falling below 2000, the lower track of Bollinger in the H4 cycle will be opened to see the effective room for decline. From the perspective of changes in the small cycle, the morning market opened normally, continuing the rebound at the end of last Friday. It is expected that the slow rise at the beginning of the week can be seen near the small cycle Bollinger middle rail and the 60-day moving average, and the point performance is at 2025 or 2032. Therefore, trading needs Wait for the rebound to go short. On the contrary, if the rebound is not over, the main trading force can fall back and do long. The short-term lower support is around 2008-2005. The Asian-European market can be bullish after confirming the strength of the 2008 low according to the shape of the fall. Then, today’s judgment It is very clear that the beginning of the week is mainly bullish, and the transaction needs to wait for a fall. The lower part focuses on 2008-2005, and the upper part focuses on 2025 and 2032.
Trading straregy:
It is recommended to rebound to 2025-2030 and short in batches, with a stop loss of 6 points, and the target is 2015-2010;
It is recommended to call back to 2008-2005 and go long without breaking, with a stop loss of 6 points, and the target is 2020-2025
For many investors, without an excellent analysis team and professional teachers to lead them, it is difficult to survive in the market for a long time alone
Because of my professionalism, I am in the lead, there is no intrigue, only a sincere heart, there is no 100% accuracy, only stable compound interest, no afterthoughts, so that every profit can be real and truly let you feel and do it Benefit!
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GOLD 09/05 - BUY force is still strongI WAIT FOR GOLD TO BREAK THROUGH THE 2034 RATE AND CONTINUE ADVANCE TO 2040, 2045 IS MY FINAL GOAL.
The world gold price today increased slightly with spot gold increasing by 5.9 USD to 2,021.5 USD/ounce. Gold futures last traded at $2,029 per ounce, up $4.3 from dawn the day before.
Last week, gold pushed up to $2,085 after the US Federal Reserve (Fed) decided to raise interest rates by 25 basis points and switch to a more neutral monetary policy. With the new data released, analysts have reassessed that the central bank will not be able to pivot and cut interest rates in this environment. Gold prices fell sharply as market expectations about interest rates continued to change.
I will activate the buy breakout strategy when it breaks out of the 2034 zone and closes the candle above it
Next I will activate the sell strategy at 2045, 2048
Sell Gold 2045-2048
Stoploss 2054
Take profit 1: 2040
Take profit 2: 2035
Take profit 3: 2020
How Gold Trades TodayJudging from the current market, the cross K with the long upper shadow line of the daily chart combination K increases the overcast, which means that the adjustment will continue, and the short-term staged top will appear, and the history of the market outlook will continue to be staged. We see the first two waves Back to the 1860 line, the first time back to the 1880 line, and the daily chart is at the 1960 line, so the room for adjustment is far from over. After four hours on Friday, it went down all the way to the first line. No, there are signs of correction in the short term. The correction focuses on the middle track and the gap. Here, it will continue to go down. If it breaks, it will test the upper line before it can be lowered. However, the hourly chart has fallen to a rebound. It is currently running below the first and second lines and the lower line. In terms of form Judging from Friday’s close to the present, it is temporarily in the process of shock consolidation, and the auxiliary indicator MACD also forms a golden cross below the 0 axis. This golden cross does not mean that it is turning more, but it is a correction of the index that fell too fast. It can be a direct rise, or it can be viewed sideways for correction. Overall, from a multi-cycle perspective, it will continue to be empty after the rebound.
At the opening of the market today, I gave clear instructions to the fans about the 2015.30-2024 multi-order strategy. Now I have taken profit and made a good start to this week. Although there is only a profit of ten points, it is also very good.
This week's expected profit 150% - 300%
In short, seizing the opportunity of history repeating itself is the opportunity of seizing wealth
In this market, many friends want to operate on their own to make a profit, but the result is either a set order, a dead end, or frequent liquidation. You can operate by yourself. First of all, you must restrain the most important psychological pressure. With regard to your firm position, can you maintain the mentality of closing the position and be unmoved by floating losses? And do a good job of strict stop profit and stop loss. After doing it for a while, it is obvious that most amateur traders can't do it
To be honest, even many teachers are unable to do it now, because this is human nature, and it is very difficult to achieve the mentality of closing positions for their own substantial interests. Maybe one or two people out of 100 have this awareness. So in this case, you have to rely on external forces, need external supervision and supervision, and slowly form your own trading system. It takes a long time to learn how to control risks and positions, so most people, don’t be overconfident Or you are still in a state of confusion, do you really understand when the position is liquidated? Trading requires reminders. If you are hesitant at a certain point or don’t know what to do when facing a position problem, you must have a professional person to remind you at this time, or it can be said that a professional person will give you confidence. Many people are about to liquidate their own positions, but they don’t seek help. Of course, if you think that you have too much money, it doesn’t matter if you liquidate your position, then I take this sentence back.
With me, as long as you do a good job in execution and maintain a good attitude in the face of the market, I will only try to make you make money, because my goal is to cooperate and win-win, so that it will last forever! In short, being greedy for small and cheap investments will only make you lose more and more.
Join me, follow me, let your money make more money
GOLD | Bullish Sentiments | Long SetupThe current price of gold is in a phase of consolidation but attempting to break out of this range. The current price is being supported by a strong level of buying activity and forming a pattern of higher highs and higher lows, which may indicate a potential bullish trend.
Has gold stopped its decline and is it about to rebound?After the news was suddenly bearish last Friday, the market bulls initiated a multiples sell-off. On the one hand, it was due to technical overbought and divergence reasons, on the other hand, it was because of market sentiment taking the opportunity to hype.
Judging from the current trend of gold, the intraday trend is still biased towards the correction trend after the decline. After the correction, there is still an expectation of continued decline, because the technical daily divergence has just been released, and the probability of the market continuing to decline in the later period has also increased.Therefore, in the short term, we need to pay attention to the strength of the rebound and the expectation of the second downward trend.In the short term, gold can first observe the defensive situation of the 20-day line. This position has also become a short-term reference point. If the 20-day line is lost, it may be possible to retreat below the intersection of the two trend lines in the early stage near 1970.
From an intraday perspective, the current downward trend is stopped and there is a weak rebound trend, but it does not mean a change of direction. Therefore, the short-term structure is still a weak link after the sharp drop, and there is still a possibility of a sustained decline under the pressure of the intraday rebound.
I will share specific transactions and operations in real time on my channel based on intraday details.In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
GOLD: Buyer's Confidence!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
In times of financial hardship, banks can use money to manage their liquidity and stabilize their deposits. However, relying on money alone cannot solve any underlying insolvency issues, nor can it alleviate the distrust that people feel towards bankers, politicians, and government officials. Consequently, investors are turning to safe options with no counterparty risk, such as physical precious metals, as a means of protecting their investments.
Maybe BUY GOLD zone 2002 - 1998
Stoploss: 1990
Take profit 1: 2006
Take profit 2: 2012
Take profit 3: 2050
Note: Note: Full TP, SL for winning the market and safe trading!
GOLD: A dovish Fed could be extremely bullish for hard assets!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
If the Federal Reserve suddenly becomes more dovish, it could have a very positive impact on tangible assets. No details are left out in this paraphrased text.
The Federal Reserve is expected to change its stance and avoid increasing interest rates during its next meeting due to the banking crisis. The Fed officials may also introduce fresh initiatives to add more funds to the economic system. The metals market has been impacted by the uncertainty surrounding the ending of the Fed's rate hike regime. However, the recent shift towards a more lenient approach by the Fed could have a positive impact on tangible assets.
The prediction is that the value of gold will keep increasing!
Gold: Forecast and Trading Strategy for Next Week
In the world of trading, the players control the game, the observers understand the game, and the participants play the game within the game.
What goes up high enough will eventually fall deep enough, and what falls deep enough will eventually rise high enough. This is an eternal logic in financial markets, where the core lies in volatility that creates value and opportunities. Investors and speculators participate only when there is volatility.
The financial market itself does not generate profit, but the speculative price difference of buying low and selling high can produce profit. It is nothing more than buying when someone else sells, or selling when someone else buys. Therefore, to avoid being eliminated, one must understand the game, and to understand the game, one must abide by the market rules.
Looking at the daily chart of gold, the downward wave has ended and the rebound phase has begun. Next week's pressure is concentrated in the daily Bollinger upper band at 1875 and the 1870 moving average area! Moreover, on Friday, the market directly broke through the pressure of 1850, so the trend next week will continue to be bullish. After rising above 1870, consider going short!
There are two possible trends for the next market. The first is to continue the strong upward trend, directly breaking through the pressure of 1875 and testing the previous high position. The second is to maintain the oscillation within the large range of 1870-1800! Looking at the weekly chart, the bullish trend is slightly stronger, but a big oscillation is inevitable after rising to around 1875!
In short, the strategy for next week is to go long first, adjust the mindset according to the trend after the pressure position, and follow my rhythm to continue making profits!
The current price of gold is 1840, and the target 1860
We have to take a balanced view of investment and life. People who always live in the past are bad, because they have been escaping. We should not live in beautiful memories, because memories are what you have lost. Those who really know life will only miss the past and never deceive themselves.
Spot gold is currently on the 1840 line. The Federal Reserve Eagle Pestik said that slow and steadily will be the right action path, explaining the reason for the Federal Reserve to adhere to the reasons for the "steady" interest rate hikes in each meeting in the future, which alleviates Some investors are concerned about the pace of the Federal Reserve's expansion of interest rate hikes.
This trading day will usher in the United States in February ISM non -manufacturing PMI data. The market is expected to be 54.5 and 55.2 in January.
In addition, investors need to pay attention to the speech by the Dallas Fed Chairman Logan, the Federal Reserve Director Bowman and Rockmond Fed Chairman Barkin. These officials may strengthen the expectations of only 25 basis points in March, which is inclined to favorable gold prices
Golden Daily levels have formed a golden fork on the 5th and 10th moving average, and the MACD fast line has also formed a golden fork. It has always been emphasized that as long as the daily moving average and MACD dual golden fork form gold, there must be a wave of pension. It is recommended that everyone fully lay out more orders for multiple orders. We wait and see! In the early 1808 and 1809 and 1813, the long -term multi -order continued to hold positions, waiting for gold violence to rise!
I will share my strategy every day, and I will discuss the wealth password with you.
FOREXCOM:XAUUSD
XAUUSD 4HTF - Short Sell Strong Buy PATTERN FORMATION
XAUUSD is making Inverse Head & Shoulder Pattern on 4H Timeframe.
Gold should drop to 1831 level and make a wick at 1825 in order to make Right Shoulder, And will bounce back to 1848 area to complete its pattern.
REJECTION
Rejection at 1848
RESISTANCE
Resistance at 1848
SUPPORT
Weak Support at 1837
Strong Support at 1831
TRADE SETUP
Selling below 1825 (if pattern doesn't form)
Buying Trend above 1848 (if pattern doesn't form)
TP1 200MA
TP2 Resistance at 1890
NOTE:
Take Trade on CONFIRMATIONS
Manage Risk accordingly
DYOR
Can Gold complete the breakout with a new leg high? Hi, and welcome to Tuesday's update. Today's focus is on Gold as price continues to trade with inside bars after last Friday's 3% jump. US employment data fueled the rally, and this data sent the USD packing.
We're looking for Friday's breakout to complete, but we need to see buyers come back into the market with another firm move higher to show us that Friday's price action is set to continue.
Last Friday's close has so far done what required breaking to levels of resistance after re-holding 1626 support. We don't want to see a new close back below 1650, as this could be a sign that buyer momentum was only short-term. We would like to see a new break above 1681.50 or a new higher low above 1665 to continue the idea buyers remain in control.
We still feel the USD will play a key role in whether this move continues or not. Keep an eye on this week's US CPI data, which will be released Friday morning at 12:30 am AEDT.
Have a great Tuesday and good trading.
XAUUSD breaking out of falling wedge - XAUUSD breaking out of falling wedge on 2hr. It's consists LH LLs.
- XAUUSD also tapped previous lows range and rejected it
- creating HH and HLs on ltf = Basically Gold's market structure is flipping to bullish
Entry when it confirms breakout of wedge
TP1 0.618 fib level
TP2 0.702 fib level
TP3 Top of the wedge