8.20 Gold Operation AnalysisFrom the 4-hour chart, gold closed at the top of the candle at 2525 and hit the top. We just tested 2530 but pulled back to 2526 resistance and only made a profit of 3 points. It is currently hovering around 2525.
Buy point 2520, take profit 2520, stop loss 2515
Buy point 2528, take profit 2518, stop loss 2533
Goldlongsetup
8.20 Gold Trend Analysis2500 Golden Era has officially stabilized and will move towards 2600 in the future
Gold fluctuated and jumped from a low of 2486 to 2510 during the European session on Monday
The bulls are still continuing today. Currently, the gold price is trading at a high of 2523. On the Bollinger Bands, gold is below the middle track. The hammer line is long. If it touches the bottom, it can be bullish
In addition to the geopolitical situation, everyone is currently pinning their hopes on the trend of gold on Friday when Fed Chairman Powell will give a speech on the economic outlook at the Jackson Hole Annual Meeting
Support level 2515 2510 2500
Resistance level 2525 2535 2550
8.19 gold operations analysisContinuing the trend of last Friday, gold has been above 2500 in the early trading and peaked at 2509. The next operation will mainly depend on the European trading session. At present, gold is still rising. If it can successfully break through 2510, then the upward trend of gold will be relatively large. Key points: Resistance level 2510 2520 2535 2550 If it falls below 2500, the key points are: 2490 2480 2475 2460 2450 Accurate signal I will notify you in the group in time, everyone remember to watch it on time
Analysis of gold trend on August 19Last Friday, gold once broke through 2500 and finally closed above 2506. The overall price soared by more than 50 US dollars, setting a record high. This price surge is not just a jump in numbers, but also the result of the combined effect of market sentiment, macroeconomic data, geopolitical tensions and monetary policy expectations. In addition, central banks of various countries are also very enthusiastic about gold. Analysis of gold trends this week! There is not much data released in the international news this week. Except for the war between Russia and Ukraine, there is not much movement in the Middle East. Gold may rise and fall and then go sideways for a long time. The specific situation is of course subject to the trend of the market. My analyst team and I will announce the accurate signal in my channel.
Will gold prices continue to be short?There is definitely an opportunity to short the gold price. But you need to wait.
My current view is to continue buying. Then wait for the right opportunity to sell. Then make a good short trade.
I have made good profits continuously. I share it in real time every day. If you don’t know how to trade yet. Want to recover losses or expand profits. Remember to leave me a message.
Analysis of gold trend on August 16If you only make orders based on data and don’t understand the market logic behind it, your transactions will always be slower than before.
From the 4-hour chart, gold has also reached the middle Bollinger Band and the downward trend is more obvious. Referring to international information, the support power of gold in the later period is obviously insufficient. The US dollar seems to be rising strongly. Gold is currently in high volatility.
Personal Operation Analysis
2440 Buy 2455 Take Profit Stop Loss 2435
2463 Short selling 2450 Take profit Stop loss 2470
Gold roller coaster marketOscillating trend, long positions take profits!
The US data has mixed impacts on both long and short positions. The US retail sales data for July was impressive, triggering a series of market fluctuations.
Personal operation analysis:
Support level: 2445 2435 2425
Resistance level: 2470 2477 2490
The above data can be used for reference. Comments are welcome
8.15 Gold Trend AnalysisThe newly released industrial unemployment claims and retail sales did not meet expectations, which led to a significant negative impact on gold. Gold fell from 2469 to 2450 in an instant. This also happened to apply the short-selling stop-profit signal I sent in the group to be set at 2450.
In the data released in the past two days, gold has been mainly shorted, which also happened to be in line with the predictions of me and my team
In the future, I will also release the latest news every day. I hope everyone will pay more attention to the comments
I wish everyone can make their own profits in the market
If you have order losses and are not familiar with the market, please pay attention to me
8.15 Can the gold trend reach a new high?My personal outlook for gold in the future is that the price is expected to rise to a new high. The US dollar and earnings will continue to fall
But there may be deviations in the short term! You can also consider shorting at high levels!
With the positive CPI data released yesterday, gold should have created a new high, but it quickly fell back, causing gold to fall by 1.5%. This also allowed us to quickly seize the opportunity for short-term trading and quickly exit with profits!
I personally suspect that the situation last night was that big investors were using data to ship goods. They sold heavily when traders entered the market yesterday, causing gold to fall rapidly!
As for the data released tonight, retail sales, industrial production, and the number of people applying for unemployment benefits in August are important data for whether gold can stand on a new high, which will be a new trading opportunity!
If it is weaker than expected, the US dollar will continue to fall, while gold will rise all the way
At the same time, we will also make preparations for both situations
Analysis of gold market trend on August 15 (Thursday)From a long-term perspective, there is a lot of room for gold to rise!
Yesterday's CPI data was lower than expected. Gold was slightly bullish but plummeted 1% from a peak of 2476 to 2437 and closed at 2447.
In early trading today, gold fluctuated within a narrow range, with slight signs of recovery compared to yesterday. It is currently fluctuating at 2453.
In addition, there are several factors that you must consider!
1 Political situation in the Middle East: Tensions between Iran and Israel may have eased recently, and conflicts between Ukraine and Russia may further intensify.
2 The U.S. interest rate cut in September is a certainty, whether it will be 25% or 50%
The motivation for gold’s rise today on the daily chart is a bit lacking
Support level 2448 2438 2420
Resistance level 2460 2467 2480
8.14 Gold Market AnalysisThe market trend is well controlled and the market ends perfectly.
The CPI annual interest rate report just released is lower than expected, which is a positive for gold. However, gold has fallen sharply, which is beyond the expectations of most people!
This also confirms my previous guess that if the resistance point of 2480 is not broken, gold will fall all the way. I will short sell decisively in the later stage and leave the market perfectly.
Today's profit is 7000+
Analysis of gold market trend on August 14The release of CPI will determine whether gold can reach a new historical high, whether it can hit 2500 points or even higher
In the early Asian session, gold fluctuated in a narrow range and is currently hovering around 2460 points. According to the 4-hour chart, it is currently going downhill, but the decisive factor will still be the US CPI July quarterly annual rate released at 20:30 Beijing time today
If the data is lower than expected, then gold, as the traditional safest safe-haven asset, will have the hope of hitting the historical high. On the contrary, it may fall below 2400 points
Before the release of this data, what do you think of gold?
Everyone is welcome to actively express your views
7 Dimension 1:8 RR Sell Idea for GOLD Core Analysis Method
Smart Money Concepts
😇 7 Dimension Analysis
Time Frame: 15 min
1: Swing Structure: Bearish with CHOCH after taking inducement. The impulsive swing move is finished and now moving towards the decisional OB as a pullback, about to mitigate the decisional POI OB at the initial point of the premier zone. We will take a sell entry using the classic SMC entry model. After the breakout, this is also a CIP area.
2: Pattern
🟢 CHART PATTERNS
Reversal: V-shape pattern indicating possible reversal from here and a rectangle pattern is also observed.
Shakeout.
🟢 CANDLE PATTERNS
Not any significant candle pattern observed except for a tower top.
3: Volume
🟢 A big difference is seen during the impulsive move and the correction move in terms of volume. No buy-side volume indicates another sharp sell move is expected.
4: Momentum RSI
🟢 Fully intact in the bearish zone, taking resistance at the 60 level, indicating another range shift. This impulsive move ended as loud moves, which is a very strong signal for a sell. Also, a Grandfather-Father-Son entry with H4 as GF.
5: Volatility Bollinger Bands
🟢 Very tight contraction just started, indicating a strong squeeze breakout and walking on the band. A headfake also took place right at the upper band, and a BB W pattern is observed.
6: Strength ADX
Right now, totally sideways.
7: Rating: ⭐⭐⭐ 50% Probity (because of the decisional OB entry)
✔️ Entry Time Frame: 15M
✅ Entry TF Structure: Bearish CHOCH
☑️ POI: Decisional OB
💡 Decision: Sell limit
🚀 Entry: 2419
✋ Stop loss: 2429.5
🎯 Take profit: 23.4
😊 Risk to reward Ratio: 1:8
🕛 Expected Duration: 1 day
SUMMARY: The analysis indicates a sell position based on Smart Money Concepts methodology, with structure, patterns, volume, momentum, volatility, strength, and sentiment all pointing towards a bearish move.
8.13 Gold Analysis,Get ready for gold to reach an all-time high and break through 2500
On Monday, gold rose by $40 to a historic high of 2477 points due to tensions in the Middle East, and then fluctuated sideways to 2460
If Iran launches a large-scale military attack on Israel, the price of gold will also rise
This week, the release of US CPI data will be a key event in the market. If CPI is lower than expected, the historical high of gold at 2500 will be just around the corner
Before the arrival of CPI on Wednesday, gold may fluctuate sideways and will be adjusted downward
So everyone should be cautious when entering the market
Resistance level 2468 2477 2490 2500
Support level 2455 2445 2410 2400
What do you think of the trend of gold? Welcome everyone to like and comment
#XAUUSD/H4 CPI today determines the long-term trend of GOLD.Analysis of the European - US session on August 13, 2024:
On the second day, we have seen a strong increase in all sessions. Gold has approached the old peak area.
Today's CPI news will determine whether a triple peak pattern will form and whether there will be a deep correction. A reversal creating a peak has appeared on H4. The trading trend today is mainly BUY. But caution is required in sensitive price zones like this.
Price areas to watch: Zones 2430-2434; 2444-2447 and 2481-2486.
Recommended orders:
Plan 1: BUY XAUUSD zone 2430-2433
SL 2427
TP 2440 - 2450 - 2470.
Plan 2: BUY XAUUSD zone 2444 - 2447
SL 2441
TP 2452 - 2460 -2470.
Plan 3: SELL XAUUSD zone 2483 - 2486
SL 2492
TP 2475 - 2450 - 2430 - open.
Gold Buys!!!
### **Analysis:**
- The chart shows a bullish scenario where the price has broken out above a descending trendline, indicating a potential reversal to the upside.
- The price has retraced to the 0.618 Fibonacci level around 2,440, a strong area of support that aligns with the 200 EMA (black line).
- The 50 EMA (red line) is turning upwards, suggesting bullish momentum is building.
- There is a clear bullish flag or pennant pattern forming, which typically precedes a continuation of the uptrend.
### **Trade Idea:**
**Direction:** Buy (Long)
#### **Entry:**
- **Buy Entry:** Consider entering a long position around the current price level of 2,440, as it is bouncing off the 0.618 Fibonacci level, which is a strong support zone.
#### **Stop Loss:**
- **Stop Loss:** Set the stop loss just below the 0.5 Fibonacci level and the recent swing low around 2,429.60. This area should provide enough room for the trade to develop while protecting against a potential reversal.
- **Stop Loss Price:** 2,429.60
#### **Take Profit:**
- **Primary Target (TP1):** The first take profit target can be set at the 0.786 Fibonacci level around 2,457.13. This aligns with the next resistance level.
- **Secondary Target (TP2):** The ultimate target is set at the 1.618 Fibonacci extension around 2,537.83, which represents a significant bullish continuation.
#### **Price Levels:**
- **Entry:** 2,440.00
- **Stop Loss:** 2,429.60
- **Take Profit 1:** 2,457.13
- **Take Profit 2:** 2,537.83
### **Conclusion:**
- **Buy:** Enter long around 2,440 with targets at 2,457.13 and 2,537.83.
- **Risk Management:** Ensure that your position size is appropriate for your risk tolerance, aiming for a favorable risk-reward ratio of at least 1:2.
This setup is based on the technical indicators and patterns observed in the chart. It's essential to monitor the trade closely, especially around key support and resistance levels, and adjust your strategy as the market evolves.
XAUUSD/H4 The development of the US session, psyche before newsExpectations for the US session on 8/8/2024:
The Asia-Europe session is mainly sideways in the 2392-2400 area. This is a sign of accumulation awaiting the US July Unemployment Rate.
In terms of technical analysis: the downward trend correction is still being maintained, a recovery from the 2380 area could form peaks in the 2410-2413 or 2427-2434 areas. Price levels to note: SELL: 2400-2404, 2410-2413, and 2425-2434; BUY: 2367-2371 and 2351-2355.
Recommended orders:
Plan 1: SELL XAUUSD zone 2410-2413
SL 2416
TP 2400 - 2390 - 2377 - 2355.
Plan 2: SELL XAUUSD zone 2427-2430
SL 2435
TP 2415 - 2400 - 2377 - 2355.
Plan 3: BUY XAUUSD zone 2375 - 2377
SL 2370
TP 2390 - 2400 - 2410.
Gold Trend AnalysisContinuing the plunge in stock markets on Monday, gold also headed for a low. The reason is that the market's expectations for the Fed to cut interest rates by 50 basis points in September have declined. The yield on the 10-year U.S. Treasury bond has risen to 3.94%. These two pieces of information have undoubtedly greatly weakened traders' confidence in entering the market. However, as a traditional safe-haven asset, gold has performed well amid geopolitical tensions and concerns about a global recession. Continued tensions in the Middle East and concerns about the outlook for the global economy have provided support for gold. At the same time, data from the People's Bank of China showed that gold reserves at the end of July were the same as the previous month, showing the central bank's stable demand for gold. Support level 2430 2450 Resistance level 2395 2385 2370 What do you think of the trend of gold? Welcome everyone to follow and comment
Gold prices will once again fall to a new bottomGold prices are about to hit a new low, if you are buying you need to delay
The position of 2370-2365 as a buying point can make some profits. As I said before, the pressure on the short-term upside is too great. Today in New York time, gold prices failed to rise several times. The first attempt was to break through 2398. The second attempt was to break through 2403. Both were suppressed by the short trend. And there is no more news to push the gold price to continue to rise. So the operation is still mainly short-selling. If the price reaches my expected position, you can make a super short-term rebound. TVC:GOLD COMEX:GC1! FOREXCOM:XAUUSD