Gold trading opportunities in the US market on March 4
After the U.S. market opens. The US dollar began to fluctuate upward. There is support below for slowing inflation. In addition, there is no major news today, so there is not much change in the market trend. On the other hand, gold remains high. Driven by last week's non-farm payrolls data and geopolitics. Gold has also gone out of an independent market and has been rising sharply. Today, the overall price remains within the range of a minimum of 2079 to a maximum of 2088. There are also some trading opportunities. At present, the overall bullish trend in the market is still more obvious. If short-term geopolitics breaks out, there is a high probability that gold will hit the 2100 or even the previous high of 2146. My opinion is to buy at low prices. The current support below is at 2079. If it falls below the previous support. At that time, the support position can be lowered to the 2077-2073 line. Then continue to focus on buying.
VELOCITY:GOLD MCX:GOLD1! CAPITALCOM:GOLD TVC:GOLD ACTIVTRADES:GOLD NCDEX:GOLD PANCAKESWAP:GOLDUSDT_6E8688
Transaction prices mentioned in the article. Use the price of gold in TradingView as a reference.
The above are my personal trading ideas. Hope it helps some traders who don't know how to trade.
Goldmansachs
On March 4, gold will be mainly bought first
2085@BUY
SL:2079,
TP:2092
Limited time trading signal, the trading price is based on the real-time price of gold in TradingView. If you miss the opportunity to trade. Remember to wait for the next trading signal before trading. It's better to miss than to make a mistake.
Goldman Sachs: Leap Over $500 or Just a Bubble?As we start into the Earnings Season, our focus turns to Goldman Sachs Group on the daily chart. Zooming out, we observe the completion of the higher-degree Waves III and IV, finalized at $290, marked by a Triangle where Wave E broke to the downside. Subsequently, an impulsive Wave (1) unfolded, reaching $390.
Now, the anticipation is set for Wave (2), expected to retracement between 50% and 78.6%. This retracement aligns neatly with a retest of the Triangle's trendline. The exact internal wave structure of Wave (2) remains uncertain. Given Goldman Sachs' tendency for gradual movements, we'll maintain our focus solely on the daily chart for now. This retest, while possibly extended, remains a retest, suggesting the opportunity for positioning in wave (2), or the a wave (3). Consequently, we continue to anticipate a significant and prolonged rise above the $500 mark, should the conditions align.
🏦💹 Goldman Sachs (GS) Analysis📈 Technical Overview:
GS Price: Potential benefits in uncertain macroeconomic conditions.
Resilience: Historical resilience, particularly noted during the 2008 financial crisis.
Private Equity Capital: Significant capital in private equity firms ($1.3 trillion at the start of 2023).
Potential Impact: Expected to benefit intermediaries like Goldman Sachs.
📊💼 Financial Outlook:
M&A Deals: Expected to facilitate complex M&A deals, earning fees for the company.
📈🚀 Trade Sentiment:
Sentiment: Bullish on Goldman Sachs (GS).
Entry Range: Above $320.00-$325.00.
Upside Target: Set in the $520.00-$530.00 range.
🔄💡 Note: Monitor macroeconomic trends for confirmation and adjust strategy accordingly. 📉💡 #GoldmanSachs #GS #FinancialAnalysis 🏦💼
GOLD TO MAKE NEW HIGHS!Here is the gold daily range for today / tomorrow if you are in this side of the world. NY EST.
Day 3 of predicting daily range... I haven't seen anyone else take on the challenge. Looking forward to break another record on idea views.
1K views on previous idea, thank you all for the support. Lets keep winning!!
Gold’s rise is weak, 2028SellThe trend chart at the daily level is still in a short position. We adjust Sell in time. The two big negative lines on the daily line directly block the road, and the K-line rebound is also weak. Of course, the daily level is also in the form of a head and shoulders. We continue to target 2009. first line
The market obviously still lacks momentum. This kind of rebound has broken down when the big negative line near 2030 has been swallowed downward. The 50 moving average is also running in the country. The rebound is empty, and you are ready to plummet.
Trading strategy: Gold is short in 2028, target is 2009
Goldman Sachs Group (GS): Can we see a One-Two?✌️As we have seen some interesting earnings with ourperforming assets like NASDAQ:META , NASDAQ:NVDA or NASDAQ:MSFT , our focus turns to Goldman Sachs Group NYSE:GS on the daily chart!
Zooming out, we observe the completion of the higher-degree Waves III and IV, finalized at $290, marked by a Triangle where Wave E broke to the downside. Subsequently, an impulsive Wave (1) unfolded, reaching $390.
Now, the anticipation is set for Wave (2), expected to retrace between 50% and 78.6%. This retracement aligns perfectly with a retest of the Triangle's trendline. The exact internal wave structure of Wave (2) remains uncertain. Given Goldman Sachs' tendency for gradual movements, we'll maintain our focus solely on the daily chart for now.
📈 CITIGROUP GETS UP TO RECOVER, BREAKS THROUGH MULTI WEEK HIGHSCitigroup stocks hit highest since March 2022, last up 5% as brokerage Morgan Stanley upgrades NYSE:C to "overweight" from "underweight", as well as NYSE:BAC and NYSE:GS to "overweight" from "equal-weight".
Brokerage sees a rebound in capital markets amid growing signs of an imminent rebound in dealmaking. Also expects regulators to ease the Basel III Endgame proposals, a set of rules that will make capital requirements stricter for banks, which have been one of the flashpoints in the industry for months.
Brokerage says the proposals could be eased to be more aligned with Europe so that European banks do not have an unfair advantage.
Any easing of the draft rules will open the door for a significant increase in stock buybacks, as large-cap banks sit on the highest excess capital levels ever - NYSE:MS .
The main technical graph says that NYSE:C shares add +5.25% on Tuesday, break through multi week highs, with possible further recovery to multi year top $80 level.
Goldman Sachs Pennant Re-Test (earnings release details inc)Goldman Sachs - NYSE:GS
Chart looks promising
✅ Rising 200 week and 200 day
✅Break out of long term pennant
✅ Pull back would be healthy here
🚨 Main concern would be a double top rejection from red line on the chart
Earnings Perspective
Rev ~~ $11.32B, EST. $10.84B
EPS ~~$5.48 VS. $3.32 Y/Y
AUM ~~ $2.81T, EST. $2.77T
PUKA
advances to near $2,055 as US yields declineHere is what you need to know on Monday, January 15:
• Gold price gains ground on risk-averse sentiment due to the Red Sea situation.
Israel-Gaza conflict intensified after Houthi attacked a US Navy vessel.
• US Treasury yields contribute to downward pressure on the US Dollar.
Barclays revision of the Fed rate cut has changed market sentiment.
Gold prices continue to advance for the third consecutive day on Monday, trading higher and reaching around $2,055 per troy ounce during the Asian session. The upward movement in the price of the yellow metal is attributed to the risk-averse due to the geopolitical tensions in the Middle East, coupled with the speculation regarding potential rate cuts by the Federal Reserve (Fed) in March.
The concerns over the escalation of the Israel-Gaza conflict have intensified, especially after Iran-led Houthis fired an anti-ship cruise missile at the USS Laboon in the Red Sea on Monday. This development has contributed to increased demand for gold prices, a traditional safe-haven asset during times of heightened geopolitical uncertainty. Market participants remain vigilant for potential impacts on shipments in the Strait of Hormuz while closely monitoring Iran's response to recent geopolitical developments.
The US Dollar (USD) hovers around 102.40 with a negative bias, influenced by the decline in US Treasury yields, possibly triggered by the softer Producer Price Index (PPI) data from the United States (US). The DXY has trimmed its intraday gains as a result of the drop in US Treasury yields. The 2-year and 10-year yields on US bond coupons trade lower at 4.14% and 3.94%, respectively, at the moment.
Additionally, Barclays revised its forecast on Friday for the first Federal Reserve rate cut, moving it to March from June. This change in outlook has shifted market sentiment towards expectations of an easing monetary policy by the Fed, putting downward pressure on the Greenback. In a note released on Friday, analysts from Barclays expressed their expectation for the Federal Open Market Committee (FOMC) to reduce the Fed Funds rate by 25 basis points at the March meeting.
Wednesday: Gold focuses on the 2020~2040 rangeGold is still dominated by short sellers, with the daily chart closing in the positive zone, the MA10/7 daily moving average suppressing the MA2038/47 opening downward, and the central axis of the RSI indicator adjusted. The short-period hourly chart and the four-hour moving average are glued together, and the price is running in the middle and lower rails of the Bollinger Bands. Technically, gold continues to adjust and fluctuate and runs bearish. However, market data gradually emerges in the second half of the week and needs to be focused on. We will continue to pay attention to the 2040/2020 range adjustment during today's trading day. Trading ideas still look at shocks and short-term participation!
To be honest, the shock yesterday was really severe. If you are not calm, you may run away early and miss the drop of more than ten dollars. Only persistence is victory. No matter how the gold price fluctuated, it failed to rise above the suppression of the 4-hour 20 moving average. Today, we continue to short gold relying on moving average suppression.
Trading straregy:
Short-term gold 2017-2019 long
Short-term gold 2038-2040 short
XAUUSD: 10/1 Today’s Market Analysis and StrategyGold technical chart daily pressure 2040-2053, lower support 2000
The four-hour pressure is 2040, and the lower support is 2016
One-hour pressure is 2040, support below is 2016
✅Operational suggestions: Gold has now physically broken through the 2040 mark. Today’s rebound near 2040 will be the main target for shorting, first look at the 2020 mark. If the strength is strong, continue to look at the 2000-1966 mark. The first small resistance above is currently the 2031 mark, followed by the 2040 mark. It is the entry price of short order
SELL:near 2053
SELL:near 2040
SELL:near 2032
You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
XAUUSD:8/1 gold market analysisGold technical chart daily pressure is 2053, with support below 2040-2000
Four-hour pressure 2053-2063, support below 2000
One-hour pressure 2044-2053, support below 2024
Operational suggestions: Gold NFP first fell and then rose on Friday. After breaking through the 2030 line, it began a substantial counterattack, and after touching the early decline point near 2063, it began to fall back. There was a large-scale sweep of long and short markets. Today, we will continue to pay attention to the 2040 dividing line at the hourly level. The price will continue to go long above the long-short dividing line and go short below!https://www.tradingview.com/x/a2OrCW1c/
You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
📉⏰ Gold's Major Drop Tomorrow: Get Ready for the Tumble! 💥🚨👀Gold closed today at 2065.265 (-0.57%). We had anticipated this move a few hours before it happened, and we have been calling for this move since the beginning of the week. However, despite our predictions, many bullish investors and those with diamond hands are still not convinced that the bull trend has reversed and that we are now officially in a bear market.
Tomorrow's drop in gold price will be huge compared to what we have witnessed today. And if it does not happen tomorrow, we expect it to happen the next trading day after January 01, 2024.
Why? The hourly charts are in a dangerous spot
Enough of the talking! Let's look at the charts now, because prices and charts are trustworthy. The gold 1-hour chart indicates that the trend has shifted to the bearish side.
Let's look at the gold miners -
NUGT (GOLD MINERS BULL INDEX X2) 3 DAILY CHARTS: We can see that there is double top formation on the RSI.
GDX 3 DAILY CHART: We can see a double top formation on the RSI as well.
XAUUSD 3 DAILY CHART: We can see a double top formation on the RSI as well.
Based on the 3 daily charts, the first target is $1982.
XAUUSD: 27/12 Today’s Market Analysis and SuggestionsGold technical chart daily pressure is 2066-2072, with support below 2040
Four-hour pressure is 2066, support below is 2044
One-hour pressure 2066-2072, support below 2055
Operational advice: The advice given yesterday was absolutely correct. The gold price reached its lowest level near 2054 and then fluctuated upwards. It continued to test the 2066 mark. It is currently consolidating at the 2066 mark and waiting for the next attack! Look towards the vicinity of 2072-2080 and then look at the 2100 mark
BUY:near 2055
You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
Analysis and plans for gold after the market opens tomorrowSpot gold's rebound continued last week as the Fed's favored core personal consumption expenditures (PCE) price index for November came in lower than expected.
Gold prices briefly tested above $2,070 on Friday before falling back to the day's opening price. Last week, gold prices hit a maximum of $2,070.67 per ounce and a minimum of $2,015.99 per ounce.
The 4-hour K-line encountered resistance and suppressed the early highs, and the overall trend was still downward. Although gold rebounded to a certain extent yesterday, without breaking through 2070, I personally do not expect the continuity to be strong. To put it simply, shorting will be the main focus next week on rallies. The first resistance above is near 2058. If the counterattack does not break this position, you can go short.
XAUUSD:22/12 market analysis and suggestionsGold technical chart daily pressure is 2066-2072, with support below 2040
Four-hour pressure is 2066, support below is 2040
One-hour pressure is 2066, support below is 2040
Operational advice: Today is the last trading day of Christmas, and the market will be closed for the next three days. Please trade with caution and finish your positions before the market closes!
BUY:near 2040
SELL:near 2066
XAUUSD: Friday market analysis and suggestionsAfter gold surged today, it did not break through the previous high of 2047. Then the market on Friday will have two trends:
The trend of the first chart according to me found support below the channel, and then began to rebound and hit new highs.
Second, if it can fall below 2027 on Friday, the top of the callback in 2047 will be confirmed, and it will be difficult for Gold 2015 to support it. There will be a waterfall tomorrow.
According to the current trend, the first trend is more likely to occur.
remind:
Friday is the last trading day before Christmas, and the market will be closed for three consecutive days.
Trade cautiously on Friday and be sure not to leave your positions open until next week
The market opening next Tuesday is likely to be a gap-like opening
If you want to know more details about the gold trend, you can contact me at any time↓
XAUUSD: 22/12 Asian Market AnalysisNow that gold has broken through a new high, a new band of rise has begun! Next hit the 2060 pressure!
From the hourly chart, gold has an obvious upward trend. This week's shock is a normal adjustment in the upward process. The adjustment is to accumulate strength for another rise. The end of the adjustment means that a new band of rise has begun! The new band target is at least the 2060 line, or even a record high!
Gold is still going long now, and you can enter the market directly near the Asian plate 2045! The adjusted rise generally does not give too many opportunities to get on board. If there is a small correction, just BUY!
Gold price edges lower amid modest USD uptickGold price (XAU/USD) struggles to capitalize on the previous day's positive move and trades with a mild negative bias heading into the European session on Tuesday. A slew of influential Federal Reserve (Fed) officials recently tried to push back against market bets for early interest rate cuts in 2024. This, along with the post-Bank of Japan (BoJ) selling around the Japanese Yen (JPY), lends some support to the US Dollar (USD) and exerts some pressure on the non-yielding yellow metal.
Apart from this, the prevailing risk-on sentiment across the global equity markets is seen as another factor undermining the safe-haven Gold price. That said, geopolitics remains the biggest risk for the markets. Furthermore, worries about a deeper global economic downturn, particularly in China and the Eurozone, might continue to act as a tailwind for the XAU/USD. Traders might also refrain from placing aggressive bets ahead of a key US inflation reading, due on Friday.
XAUUSD: 14/12 Today’s Analysis and RecommendationsGold technical chart daily line, upper pressure 2040-2072 and lower support 1983
Four hours, the upper pressure is 2042 and the lower support is 2000
One hour, the upper pressure is 2042-2066 and the lower support is 2021-2000
✅Operational suggestions:
Yesterday, gold rose strongly and broke through the 2000 mark. The 2010 level above also briefly fluctuated and then broke.
I have said before that the 2000 mark is the watershed between bulls and bears, so above the 2000 mark we turn long and look towards 2060-2100, and maintain the low-long thinking during the day. Above, 2042 and 2066 are also effective suppressions.
BUY: Near 2021, target 2040-2060
SELL: Near 2042, target 2030-2020
SELL: Near 2066, target 2040-2030
You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
Market Guide Latest Trading Plan
in the last buy order. Traders who followed made big profits. This is cause for celebration.
The gold market currently remains at the 2043-2044 level. Prior to this our buy order was closed at this location. The profits are very considerable. At present, the pressure from above still exists. There is no dominant news today, so at this position, I think we can mainly sell gold in the short term.
2043-2047sell
tp:2033
sl:2053
For newbies. It is often more reasonable to follow a good trading signal than to trade randomly on your own.
If you are still new. Or being unable to close the deal on your own. You can refer to my trading ideas. Hope it helps you.