XAUUSD: 14/8 Trading Strategy of the DayToday's Asian market opened at $1913.27 in early trading, with a high of $1915.09 and a low of $1910.03. The minutes of the Federal Reserve FOMC meeting will be the focus of this week. The market is expected to be inclined to pause interest rate hikes in September and November. The dovish stance will put pressure on the dollar to break through the 103 mark. Gold fell to $1913.
The lowest point in early trading was at 1910, and gold continued to fall on the weekly trend. Currently, it maintains a trend of weak shocks, and the price is already close to the previous support zone. Whether there will be room for rebound repair at present. On the daily line, the K line is basically suppressed by the short-term moving average, and continues to show a strong downward trend of shocks. Judging from the daily line, it seems that there is not much room for a rebound, and it is more inclined to continue downward. From the four-hour chart of gold, the moving average is still running below the price, and the two moving averages have a clear downward trend of dead cross, while the K line is below the dead cross throughout the whole process, and is under continuous suppression. Although there is a short-term rebound, the big Yinxian can quickly swallow up the strength of the rebound. After opening in early trading, the downward trend of the negative line seems to continue.
In the 4-hour chart, the shape of gold presents a flat line, showing the characteristics of a bearish side. Despite multiple lows, the failure to break out also hints at the bearish influence. From an indicator point of view, the continuous bottom divergence of the stochastic indicator shows a gradual change in market sentiment, which may lead to an important turning point in the future. At the same time, the MACD indicator also shows signs of passivation bottom divergence, and there is no obvious rebound trend at present. The upper initial resistance is around 1920.88 on the 5-day moving average, and the resistance on the 10-day moving average is around 1932.49. For initial support, refer to the position near the lower rail of the Bollinger Line at 1907.02. For strong support, refer to the 1900 mark. The monthly low was 1892.86.
The upper part focuses on the first-line resistance of 1923-1928, and the lower part focuses on the first-line support of 1900-1893. If the 1910 position is broken today, we will continue to look down around 1900, and if we break the 1900 position, we should not continue to be long on gold.
Gold operation strategy:
SELL:1918-1921
TP1:1915
TP2:1910
BUY:1903-1906
TP1:1910
TP2:1916
Goldmansachs
GOLD: A predictable scenario!The underwhelming inflation figures in the United States provided a reason for Federal Reserve policymakers to celebrate their success in tackling price pressures. However, traders were eager for more information to alleviate concerns about the shift in policy direction. These concerns were further compounded by worries surrounding China, the largest consumer of gold globally, which put downward pressure on the price of XAU/USD.
Gold today's forecast interval 1906~1929Gold layout analysis: The gold 1931 empty order shared with you on Wednesday is a complete victory. At present, judging from the recent trend of gold, the bulls are like deflated balloons. It can be said that there is no upward momentum. The high position keeps moving down, and the low position keeps breaking. If this trend continues, it is estimated that tonight's CPI will be difficult to restore the bullish situation, but compared with the bullish upward trend in the previous period, there are some similarities. After rising to the highest line in 1987, it fell all the way, without any signs of a strong rebound. So whether this time the short position will continue the previous long position? This question is also worthy of our careful consideration. Judging from the early trading, it is basically bearish. But we can't say absolutely, we still have to leave a little doubt. Anyway, today we will still implement the original plan, mainly selling high and buying low.
Back to the topic, under the trend of gold, we are mainly bearish, just to prevent the short from going the old way of the previous bull.
Today’s Asian-European market operation first looks at the top 1927-1929, and you can try to short when you reach this range.
SELL1927~1929, SL1934. The target is below 1915.
The European and American market fell to the position of 1908-1906, which can be traded with long orders,
BUY1908~1906, SL1900. Target 1920 above.
Gold: a strategic move
The fluctuation range of the gold Asia-Europe market is limited, and the market is concentrated in the performance of the US market! Judging from the current trend, the decline of gold has deviated, which means that this decline has come to an end! Moreover, this wave of decline has fallen to the support position of the weekly Bollinger lower rail, and is supported by the daily long-term moving average! Specific rebound conditions!
Now that gold has started to rebound, the U.S. market will focus on whether it breaks through 1920. After the breakthrough, it can be bullish to the 1930 line. More, the U.S. market will continue to be bullish!
Pay attention to the competition situation in 1920, and pay attention to the impact of data on the market. According to the data, whether gold will stand above 1920 or under pressure, and then make specific strategic adjustments.
The Gold price update for the coming weekend includes importantGold is now in a bearish trend and will find sell positions for the long term, but the confirmations are most important. Gold is now very close to its Demand zone of 1905–1895, which marked the double bottom on July 6th, 2023.
Gold will give respect to their demand zone, and as per dollar analysis, the dollar will fall. In this case, gold will move some bullish.
The major levels were also marked on the chart with their possible rejections.
Buying zone 1906 to 1896 but if we will find some market structure changes indications like rejection in H1, M30 and Confirmations in M30, H1 also.
The major zones are:
1- 1918.90
2- 1924.88
3- 1931.31
4- 1947.88
You will open buy positions, and your take profit will be at these levels in the short term.
Selling zone was also the major zone marked above if market will give some indications.
The marked levels were also the resistance levels in the H4 time frame.
The possible trading setup is as follows:
Entry Point: 1906-1894
Stop Loss: 1890
Take Profit1: 1918
Take Profit2: 1931
The setup is valid if we can see some indications, a rejection candle at the support zone and a confirmation candle in H1 or M30.
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Gold: The trend remains unchanged, and the current price of 1931
The bullish rebound in gold data, the rebound is just a rebound! It is still short and down! US market 1930 current price short, continue to be bearish!
The downward trend of gold has not changed now, the rebound high point is constantly lowered, and it will continue to decline after encountering obstacles! Now the rebound encounters resistance and pressure, and it is directly empty! The support below pays attention to the 1900 integer mark!
Short, the current price of 1930 is directly short and bearish, and the US market continues to be bearish, waiting for the fall!
Now back above 1920, although there is a demand for a rebound in short-term gold technology, and there may even be a rebound trend, but in a state where the fundamentals are not yet clear, the confidence of the bulls is still not strong, and it is difficult to form a climate. CPI data is also needed to fuel the flames.
Gold: Step back in place, and the current price of 1923 will go
Gold stepped back on the support again, the current price is directly higher than 1924, continue to be bullish! The US market will continue to rebound!
The gold down structure is complete! Now we are going to oscillate to build a bottom, and the first-line support at 1923 below is obvious! After rebounding above 1930, there will be a callback, and the fall will continue to increase. Next, it will be bullish around 1945!
Enter more, the US market will continue to be more bullish, and then start a rebound structure, and it will be a level of rising band! Falling back now is an opportunity to do more!
Gold is more than 1923, stop loss is 1917, and stop profit is 1940.
GOLD: DXY and CPI data!The Dollar Index (DXY) and US Yields helped keep Gold on the backfoot yesterday with Dollar strength continuing this morning. The US Dollar appears to be benefitting from a risk-off tone this morning following lackluster data from China as well as Moody’s downgrading a host of small to medium sized US Banks.
GOLD: stronger US Dollar!Gold price remains under some selling pressure for the second successive day on Tuesday and drops to a fresh daily low, around the 1,931 area during the Asian session. The XAU/USD, however, manages to hold above a three-and-half-week low touched last Friday.
Gold is predicted to stay in a falling wedge
Support zone: 1928, 1922, 1912
Gold: turn to 1930 to support more!
Gold has turned from falling to rising. Relying on the support of 1937 in early trading today, it is low and bullish. For the pressure above, pay attention to 1953!
Gold fluctuated all the way down before, and it was constantly bearish at high altitudes, but after the data, the market rose and began to turn more! I went long in 1930 at the first time, and directly rose to make a profit! Now that gold has broken through the pressure of 1934, long-short conversion, today will rely on the pressure of 1930 to go long!
The pressure above gold is the pressure position of the previous rebound high of 1953! It is expected that there will be a shock adjustment after the rebound! Looking at the daily line, gold this time pulls back to step on the support of Bollinger's lower track, opening a new upward wave! Do more with all your strength!
Continually updated
Gold: 1938 empty orders enter the market, Europe continues to be
Gold has reminded 1938 to continue shorting. The judgment is so accurate. The highest rebound in the early trading was to touch the 1938 line, and then began to fall. Resolutely continue to enter the market directly in 1938. The short order is profitable. The European market maintains the bearish thinking and waits. Profit!
Gold is short at 1938, stop loss at 1943, and stop profit at 1920.
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Gold: bad data, continue to be short
Gold has made it clear that the current price of 1950 in the European market is directly shorted, and the data in the US market is bearish, so continue to hold the short order! Bearish, the US market pays attention to whether 1940 breaks!
From the trend point of view, gold belongs to the shock trend! But in the process of the shock, the center of gravity continues to move downwards, indicating that the bears dominate! Moreover, the non-agricultural data has the opportunity to use the data to break down.
But if there is no 1955 pressure prompted by a breakthrough, then continue to hold it. If the direction is right, you will not be afraid of the long way! Continue to be bearish!
GOLD/XAUUSD short Bounces in Bearish TrendThis pattern is technically analysed with the elite wave pattern in order to find the next possible sequence of the market. More importantly the GOLD is dependent on news & reports now so this week events/news will make it fall as my prediction, so keep an eye on news to gain the profit.
Gold: Shorting 1962-1965
Gold strategy: Gold 1960 empty, stop loss 1965, take profit 1930.
The obvious downward trend on the golden hourly chart, and the rebound hit the pressure position, is the beginning of another decline! And this fall will surely fall below the support of 1940, reaching around 1930!
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Gold retest. A good buying opportunityHello, according to my analysis of the gold market, there is a good opportunity to buy. The market broke the downtrend. We also notice an ascending channel. A very positive green candle has formed on the 4-hour chart, confirming the strong entry of the buyers. All these factors confirm that gold is only for buying. Good luck to everyone
Charles Schwab - The Harbinger Of The Next Crisis?While I believe that the markets are currently standing on the edge of a cliff and will not produce a new all time high, it's very important to note that price action is yet to confirm that, with the most significant catalyst of them all being Wednesday's FOMC.
Wednesday's FOMC is important because whether the Fed hikes again and how much they hike will determine what happens with bond yields, which determines what happens to bond prices (inverse correlation), which determines what will happen with the U.S. Petrodollar.
There's no FOMC again until September.
I discuss what I think will happen this week in the following call:
ES SPX Futures - Welcome to FOMCmageddon
Charles Schwab is an important piece of the U.S. banking structure because it's the 10th largest bank in the country.
When you take a look at recent price action on banks, everything seems to be going pretty well, and it's almost as if the Silicon Valley Bank crisis never happened.
SIVB's demise, however, was a really significant canary in the coal mine because that particular bank was not only one of the largest in the country, but a major intermediary between the West's venture capital community and the Chinese Communist Party.
You just absolutely have to keep an eye on what's going on with China and the International Rules Based Order right now, because everything "Taiwan War" is really talking about how the globalists can take control of China as the CCP falls.
Based on this, I think Taiwan Semiconductor is a significant long hedge right now because it's not a component of the U.S. indexes, and is a world leader in silicon wafer production:
TSM - Taiwan, Your Semiconductor Long Hedge
China is the world's 5,000 year country and has huge natural resources and a huge population of very sophisticated people, so it's a target.
If Xi Jinping is smart, he will weaponize the 24-year persecution, organ harvesting, and genocide against Falun Dafa's 100 million believers to protect himself and the Motherland.
But if he does this it means that the entire world will quickly be implicated in the Nero-like persecution of spiritual cultivators of an upright faith. The impact on the markets, our society, and our reality will be extreme.
And oh so hard to bear.
I can only say if you want to be long at this point, you need to be hedged long on volatility or you might die.
VIX - The 72-Handle Prelude
The enormous Schwab dump from March, which you primarily see was a fully manifested failure swing only on the monthly bars:
Was spurred on by the banking crisis, which served as a prelude to the very significant bear market rally we've had.
Now everyone believes new highs are in order and everything is going to be fine. It's time to go long, go on vacation, and collect money while being hammered in a speedo at the beach with the other men.
What a painful hangover.
The problem with the more up more right now crowd's thesis on Schwab is that the entire range above where we're at, and we're already flirting with the 79% retrace of the March gap down, was already filled, which we see on the weekly:
Moreover, there are two significant price action problems with the bull case from a market maker perspective.
The first is that Schwab dumped to exactly $45.00 in the first place. Computers don't like preserving round numbers and people just love to put stops under/at psychologically significant whole numbers.
The second is that the COVID dump was likewise $28.00. And for the same reasons, that's even more dangerous.
I am predisposed to believe that Schwab is likely to be the next Credit Suisse-style big short, and may even be the vanguard for the next crisis that would take us under SPX 4,200 and towards 3,700 in accordance with the new JPM collar, which I discuss below:
SPX/ES - An Analysis Of The 'JPM Collar'
As for what the fundamental story will be, it's very hard to say.
But let's compare Schwab's monthly bars you see above to some other top 10 banks:
Bank of America Monthly
Does not show any indication of failure swings and really just looks like a healthy retrace.
While Wells Fargo does not look strong enough, it also does not yet indicate a real short setup on higher time frames
And this is even more true for JP Morgan
And Goldman Sachs
Which can be, at worst, only be said to be setting up for the first leg of a failure swing. At worst.
And thus it is extremely notable that Charles Schwab is as weak as it is.
My call is the thesis that the optimal short entry is already here, with some kind of flirtation with the $70.00 mark due for FOMC.
And if Schwab and the banking sector and the equities sector are truly bullish, that would be great, but I still expect a stab back into the "wick play" area before it would move to set a new all time high, which means $69 to $50 is really quite the win if you're short and quite the loss if you're longing the top or haven't taken profits.
If Schwab and the banking sector are really the catalyst for something as disastrous as Nasdaq 9,000, then the target is under $28 and you're more or less standing on the edge of The Big Short.
Right now, with the VIX as suppressed as it is and price as high as it is, January '25 $55 puts are only $3.7~ with at the money puts being $8.3~
Just selling them on a flirt with $50 again, let alone $44.99, is already a big win.
Humans never believe in anything until they can see it. It's one of their worst deficiencies.
GOLD: Today with news!Despite concerns about China's economic growth and a risk-off market sentiment, the US Dollar did not receive support as investors focused on the possibility of a more accommodative stance from the Federal Reserve. This resulted in a decline in the US Dollar and a rise in the price of Gold, reaching a two-month high of 1,988.
However, the situation changed during the American trading session as the US Dollar made a strong comeback, in line with the increase in US Treasury bond yields. Risk sentiment worsened due to disappointing tech earnings and renewed expectations of a more hawkish stance from the Federal Reserve, leading to declines in US stocks and Treasuries.
Gold Forexfactoryvn FCC Club by ForgVuSome of the same things did in the back, then left blank the same things will happen, you want to sell hate, nothing new or different is never, will happen, over and over again, now it's back to all that. landscape as said, they are a bunch of funny people, they are all "experts" they have "apps" all are waiting for the price to do it, looking for somewhere where they can "join" and make billions of dollars or waiting for the little eaters to be all right most of them are right, then top up the account again all these are the words and the candidate's words are all heard , the same market earners and losers always say it's usually someone's fault or that , leaving a lot of time to argue and go on with Stupid Things that didn't matter in the first place , great , like said the boys gave themselves a good show , the friend deserved with a better result , everyone does their own thing , but nobody here gives it
Gold 24/07 Fed hesitated in deciding to raise interest rates.Uncertainty over whether the Fed will pause its rate hike cycle persists, as US inflation is still trending well above the central bank's 2% annual target.
Other precious metals fell on Monday, with platinum futures down 0.1%, while silver futures fell 0.2%.
BUY GOLD zone 1948 - 1952
Stop Loss : 1942
Take Profit 1: 1955
Take Profit 2: 1960
Take Profit 3: 1965
Note: Installing TP SL fully wins the market and is safe in trading
XAUUSD:Trend Analysis 1965take off
Today's trend and analysis can be seen in my previous article, which can be said to be completely consistent. We emphasize today's support level 1965.gold sell@1980-1985tp 1970-1965 This is our plan for today. Our next plan is gold buy@1965 tp1980-1990.
More analysis and signals will be updated in time, and interested friends can keep up.
XAUUSD: 18/7 Gold Trading StrategyGold analysis: The gold short trading signal shared yesterday entered the market around 1959 and successfully made a profit.
Gold soared higher and fell back yesterday. The previous corrections have come to an end for the time being, and it is unknown whether the bulls can successfully take over and continue to attack the short-term high of 1963. At present, since gold rose to the high point of 1963, the trend has retraced and fluctuated sideways. Under this trend, we only need to confirm the range, and sell high and buy low within the range. We can see that the support position of the low point below has been moving up, especially the recent low point of 1945, which can be regarded as a new support level in the short term. At present, the resistance has changed to support, and the rise of gold is still relatively strong. Regardless of whether you are long or short, we just enter the market when we have a chance and make money.
Back to the topic, gold fell to the lowest point of 1945 on Monday and then began to rebound. The overall operation was above the 1954 line until the close, and the willingness of the bulls can be clearly seen. So today's operating strategy:
SELL: 1965~1968
TP1: 1958
TP2: 1955
BUY: 1950~1945
TP1: 1955
TP2: 1960