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Goldlongsetup

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
TVC:GOLDLong
by Dylan-Jones
2
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!
FOREXCOM:XAUUSDShort
by EagleEyeStrategy
3
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.
OANDA:XAUUSDLong
by ActuaryJ
1
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!
FOREXCOM:XAUUSDShort
by Kent_Garcia
1
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.
OANDA:XAUUSDShort
by ActuaryJ
1
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!
FOREXCOM:XAUUSDShort
by Kent_Garcia
XAUUSD: Today with PMIThe price of gold (XAU/USD) faced selling pressure around $1,917.50 during the European session. After a brief decline, the precious metal is expected to drop further to an intraday low at $1,910.00. The sell-off in gold was triggered by the positive performance of the US Dollar Index (DXY). S&P500 futures have extended the significant losses seen in the Asian markets to Europe, reflecting a risk-off sentiment. There are concerns about global growth prospects as central banks continue to tighten their policies, raising fears of a recession.
OANDA:XAUUSDShort
by Sphyn-Trader
19
Gold will continue to fall with the trendThrough analysis on Thursday, it is emphasized that gold needs to see weak shocks under the pressure of 1940. The actual highest is at midnight on Wednesday at 1938, and the highest throughout the day is almost around 1933 Therefore, it is impossible to give an effective homeopathic trading space, and the strength of the U.S. unemployment data cannot change the temporary extremely weak state, and the lowest fell to around 1912. Therefore, this trend is very obvious, and gold is extremely weak and weak. So, in the absence of an obvious anti-strength performance, for the time being, gold will still be dominated by high altitudes. From a technical point of view, after this week's continuous decline, the daily line has continued to fall, and gradually broke the key support point. Brin has opened his mouth, which seems to have formed a weak unilateral. It may fall to the weekly low of 1830. Therefore, under the current circumstances, it is very important not to guess the bottom of the decline, and it is very important to follow the trend. The same is true for the H4 cycle. When Bollinger opened his mouth, the decline was along the 5-day and 10-day moving averages and out of the slow-falling space. Therefore, on Friday, we should also look at the moving averages to suppress the bearish. At the top, focus on the 1918 and 1925 highs. Wait for the adjustment to be completed, suppress the transaction at these two points, and focus on the low point of 1905 and the gains and losses at the 1900 full point below. But it is worth noting that if gold rebounds effectively today and stands above 1925, there may be room for adjustment and shock in the late trading. 6.23 Gold Strategy: Focus on 1925 from above and still go short if the pressure is not broken, stop loss 6 points, target 1910-1900 Long order is only recommended to try if it does not break 1900 If you often lose money in trading and often fail to grasp the trend, then I can help you very well, please contact me
FOREXCOM:XAUUSDShort
by K-linesound
2
Gold trading recommendations today The gold adjustment is coming to an end, a new downtrend is about to start, the rebound relies on the pressure of 1950 to short, and the waterfall is about to appear! For the trend of gold, from the weekly level to the hourly chart, it has been analyzed countless times! Weekly triple top, historical top! The daily line fell all the way down. Although the current short-term sideways, the rebound is weak, and the pressure above 1970 has not been able to break through! Yesterday was another downtrend! There are more signs that gold will continue to fall, and 1930 is by no means the current bottom! Trading straregy: gold: sell@1950 tp1:1945 tp2:1935 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!
FOREXCOM:XAUUSDShort
by Kent_Garcia
6.20 Gold continues to range profit6.20 Today's gold market trend analysis: From a technical point of view, spot gold fell slightly on Monday, the daily line closed negative, but did not change the diurnal cycle of the state, the daily cycle or look at the 1980/1935 unchanged, because the temporary interval performance is larger, so it is not suitable to judge the day trading, then the cyclical to look at the H4 cycle changes. Through Monday's slight decline, the current H4 cycle broke through the Bolin track, temporarily a bit weak state, but the temporary Bolin closure is obvious, gold is unlikely to fall sharply, the day to oscillate slowly or rise again to form a continuous Yang, stand firm in the Bolin track, above you can see 1968/1970 highs, therefore, for Tuesday is the shock slow down or the shock slow up, It also needs to be observed that according to this trend, gold is more inclined to form a shock and slow rise state on Tuesday. The hour-line cycle temporarily formed a shock range in 1947/1954, the morning opening did not directly rise, then the Eurasian plate is weak performance, and there is room for slow fall, so the transaction needs to wait for a fall to the key point to do more, the support point below is near 1945/1946, Europe and the United States rose to determine, you can see 1968/1970 highs. As for whether you can short, you need to observe the change in the shape of the United States. 6.20 Gold Strategy: Rally to near 1955 short, stop loss 6 points, target 1945 The broken position can continue to hold if it stands 1960. Short orders are concerned about the above 1970-1968 suppression does not break the consideration of short Retracement to go long near 1945, stop 6 points, target 1955-1960
OANDA:XAUUSDLong
by K-linesound
1
The price of gold stands at 1962, and the market outlook is expeLooking at the daily line, if the price of gold can stand above 1962, the market outlook is expected to further touch 1985, which are the 23.6% Fibonacci retracement and 38.2% Fibonacci retracement of the 2082-1925 downward range. However, given that 1962 is in the recent intensive transaction area, it is more likely to fluctuate on this line. Gold rose to 1964 in the Asian session; the US dollar index rose to 102.186. The price of gold fell to 1924.73 yesterday, its lowest level since March 17. However, as the newly released U.S. economic data provided a new basis for the Federal Reserve to suspend interest rate hikes, the price of gold completely recovered the lost ground during the day and rose by more than 0.8% to close at 1957.81. Data released on Thursday showed that as of the week of June 10, the number of Americans filing for unemployment benefits totaled 262K. value. U.S. industrial production unexpectedly fell 0.2% in May, following a 0.5% rise in April. The market had expected a rise of 0.1%. "Gold is struggling because the Fed is still hawkish on inflation and interest rates," said Edward Meyer, metals analyst at Marex. Over the next two weeks, gold is likely to trade in the $1,931-$2,000 range, with strong resistance at the upper end, Meir added. The Fed's updated forecast this week pointed to the resilience of the U.S. economy and suggested that borrowing costs may need to rise another 50 basis points by the end of the year. Traders are currently pricing in a 72% chance of a 25 basis point hike in July. Meanwhile, the Bank of Japan maintained its ultra-loose monetary policy despite stronger-than-expected inflation as it focused on supporting a fragile economic recovery amid a sharp slowdown in global growth. Governor Kazuo Ueda delivered a speech after the meeting, noting that more time is needed to achieve the 2 percent inflation target.
TVC:GOLDLong
by ActuaryJ
Gold Today - Scalping in a downtrendThe price of gold is currently hovering around the $1932 mark, showing a downward trend over the past three days. The actions taken by the US Federal Reserve (Fed) caused some volatility today but were unable to reverse the downward trend of XAU/USD due to the hawkish trend. It's worth noting that if the price drops below $1,932, it could quickly reach the 50% Fibonacci retracement level of the XAU/USD rally from November 2022, which is around the $1,900 mark. However, there is an ascending support line around $1,895 that could pose a challenge to the bears in the gold market. As mentioned yesterday, I implemented a selling strategy at $1955 and took profits at $1930. Currently, I have a buy order at $1930 in hopes of reaching $1945 and $1955. Given this range, it might be a good idea to continue setting up a sell order for gold in order to profit around $1915 and potentially even $1900 in the near future.
TVC:GOLDShort
by DNA_TradingFX
13
Today's PPI - Bulls are extremely scaredThe recent decision by the Fed to pause on future rate hikes is good news for gold. However, there are concerns that the yellow metal could face increased pressure as this move may push risk appetite up. Some analysts have warned that the Fed may still raise rates later in the day due to US inflation being far above the central bank's 2% target. Despite slipping below the 2 EMAs of the uptrend, gold remains stuck between key breakout support and resistance levels of 1935 and 1980. The Fed's actions could have a significant impact on the US dollar's value and, in turn, affect gold's performance. Currently, gold is moving below the bearish band in all trading frames, and its decline may only stop if there is more positive news or if the price resistance at 1918 - $ 1900 is reached. Today's target for gold traders should be to keep an eye on the 1955 zone, as the downtrend may continue around this price level.
TVC:GOLDShort
by DNA_TradingFX
17
CPI forecast with mixed opinionsRecently, central banks have been instrumental in supporting the value of gold. Their interest in purchasing precious metals has reached new heights, playing a major role in stabilizing gold prices. Despite this, the US Federal Reserve continues to hold a significant position in the gold market, and many anticipate an increase in gold prices once the current monetary tightening cycle comes to a close. Gold is currently selling at $196.20, which is the 23.6% Fibonacci retracement level of its most recent daily drop. This indicates a potential downside risk and suggests that the lows of $1932.00 may be tested monthly in May. The daily chart reveals that gold is positioned below the bearish 34 and 89 EMAs, with its slope extending below the aforementioned Fibonacci level.
TVC:GOLDShort
by DNA_TradingFX
12
1945 or 1985? Where is the destination today?On Friday, the gold and metals markets remained stable and were expected to experience a second week of growth. This was due to the dollar weakening and predictions that the Federal Reserve would halt its rate hike cycle. The yellow metal had its highest intraday gain in two weeks on Thursday, reaching the highest end of a trading range seen since mid-May due to an increase in weekly US jobless claims, which further supports the idea of a Fed pause. In the short term, it is highly likely that the price of gold will reach $1985 as soon as it breaks out of the $1970 price zone. It is recommended to establish a breakout order at this price zone. Furthermore, based on the multi-frame chart, a bullish momentum is still warranted.
TVC:GOLDShort
by DNA_TradingFX
11