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Goldmansachs

#GOLD #GoldUpdate Following yesterday's FOMC news, we witnessed a remarkable surge in gold, signaling a potential ongoing upward trajectory. The specific timeline for this rise remains uncertain. Our analysis involves a simultaneous examination of gold on the chart. According to our assessment, gold has exhibited an impulse and could sustain its ascent through the (1.2.3.4.5) waves. We've identified what appears to be a bullish flag at the conclusion of wave 3. However, exercise caution in your trades, as gold may surge further before undergoing a correction in the form of (ABC) or possibly correcting at this juncture. Feel free to trade with us and access our concurrent analysis in our VIP group, offered at no cost.
OANDA:XAUUSD
by oraclpips
🐬 New trend of GOLDEllie wants to send you some small analysis, hope you will like it. Thanks for reading ♥ If we get to the beginning of Europe, PLAN EUROPE, Gold may react at the resistance zone 1,995 - 97, but if we can maintain the zone 1,990 - 92 to 1,987 - 85, the opportunity to Buy still remains with the same targets. Only if during the middle of the European session Gold cannot surpass the 2,000 - 02 range, then we will sell earlier with a target price of 5 - 7. The price is 1,991.30 Please trade carefully, don't turn it into a game but turn it into an investment opportunity ♥♥♥
OANDA:XAUUSDShort
by Ellie-Queen
Xauusd:Will it rebound again? Yesterday, Federal Reserve Chairman Powell spoke publicly again, saying that Fed officials are not sure that interest rates are high enough to end the inflation war, and that the help they can get in expecting improved supplies of goods, services, and labor to reduce price pressures may be nearing the end. After Powell's speech, traders postponed their bets on the timing of the Fed's first interest rate cut from May to June next year.This has also boosted the trend of the US dollar and US bonds Hawkish voices continue to appear within the Fed. Richmond Fed Chairman Balkin said that although “real progress” has been made on inflation, it is not yet clear whether the Fed needs to continue to raise policy interest rates to complete its work. He is not as optimistic about the rate of inflation decline as some others. O'neal Pace, acting president of the St. Louis Fed, said he did not want to rule out the possibility of further interest rate increases if necessary. (These all suggest the possibility of continued interest rate increases in the future) Yesterday, gold was the same as I predicted. The data on unemployment benefits did not make gold fall below 1944, so it began to rebound, reaching a peak of 1965. On the 1H chart, the downtrend line has been broken. Pay attention to the support situation after today's decline. If it does not fall below 1950, you can continue to watch the rebound continue. We need to pay attention to the upper resistance point range: 1968-1972 1975-1980 Pay attention to the range of support points below: 1950-1953 1941-1945 1933-1938 So you can choose to buy around 1945-1952, observe the strength of the rebound, strictly set the stop loss, and gradually buy according to the funds, so that your success rate will be greatly increased If you don't know how to trade, join me and let us learn together to improve the success rate
FX:XAUUSDLong
by UnknownUnicorn64583787
XAUUSD:10/11 Today’s Trading StrategyOn Friday, gold in the Asian market was operating in the 1955-1960 range. Spot gold ended three consecutive days of decline, getting rid of the lowest point in nearly three weeks, and once exceeded 1960. From the perspective of technical analysis, the daily head-and-shoulders top pattern has been partially formed, and the right shoulder's 2004 decline has now reached $50. This decline may have room for correction in today's trading. At present, after three consecutive trading days of decline, the market has rebounded, but the pressure point is located near the 1970 middle track of the daily cycle Bollinger Bands. Therefore, the key resistance level for today’s intraday rebound is near 1970. If it can hold above 1970, the market may continue to rise. Gold stabilized at a low level yesterday and rose, forming a double bottom at 1944. Gold's US market combined with data pushed it higher. The highest point was resistance at 1965.4, and finally closed at 1958.33. The daily line ends with a small positive line with an upper shadow line. After the continuous decline, the gold price closed the positive line for the first time. This does not yet represent a reversal of the trend. The short trend temporarily paused and changed from a straight decline to a shock range. At the four-hour level, the Bollinger Bands show signs of narrowing. The dividing line between long and short is at 1979. After breaking through this level, the price of gold will strengthen again. Otherwise, it will continue to maintain a short retracement. The support below will focus on 1953, and if it breaks, look at 1944. SELL:1968-1970 SL:1975 TP1:1962 TP2:1955 BUY:1947-1950 SL:1944 TP1:1957 TP2:1963
OANDA:XAUUSD
by ActuaryJ
XAUUSD:8/11 Today’s Trading StrategyLooking at the 4-hour chart, the Bollinger Bands are opening downward, and gold has encountered resistance and fallen since last Friday's high of 2004. There is only a single positive line on the K line, which is structurally very weak. Yesterday, the US market closed with a positive line in the 4-hour period. Seen as a correction, a single positive cannot change the trend. In addition, the continuous decline has made the indicator seriously oversold. The stochastic strength indicator RSI has reached the bottom with signs of turning. The short-term rebound correction is also reasonable. The rebound is for fell. In the short term, gold is currently in a downward trend and has turned from a very weak form to a concussive trend. The price has temporarily formed a double bottom support rebound near 1953. It is expected that there will be a second bottom move after the rebound correction. If the second bottom does not reach a new low, this wave of decline will come to an end. At that time, go long on dips. If it breaks below 1953, it will start a new round of decline. Today, we will continue to pay attention to the support situation in this area. If gold continues to weakly break below the support, then the price below Looking further towards the vicinity of 1940. The top short-term focus is on the resistance near 1975/1978. This is near the low point of the previous high point shock. It is currently running downwards and pay attention to the top-bottom transition. If it continues to strengthen, focus on the vicinity of 1986, which is the golden section of 0.618 where gold fell by 1956 since 2004. But if gold rebounds too strongly, then you need to be careful that the market may fluctuate at a high level. In terms of gold operation ideas, it is recommended to focus on short selling on rebounds. BUY:1955-1957 SL:1950 TP1:1965 TP2:1970 SELL:1970-1973 SL:1978 TP1:1965 TP2:1960
OANDA:XAUUSDShort
by ActuaryJ
GOLD for my correct predictions yesterday There has been little change in the market since the minutes of the Fed's monetary policy meeting were released in September. This highlighted concerns about U.S. economic growth and caused the Fed to become cautious about raising interest rates. Dallas Fed President Rory Logan and Fed Director Christopher Waller have argued that rising U.S. Treasury yields in recent months could prompt the Fed to hold off on raising interest rates. Waller said on October 11 that higher market interest rates could help the Fed control inflation and allow policymakers to consider whether further rate hikes are necessary. "Overall, the minutes indicate that Fed officials are increasingly concerned about recession risks to the U.S. economy," said Carl Schamotta, chief market strategist at Kopay in Toronto. The recent weakness in the US dollar is due to a decline in US Treasury yields, with bond prices rising due to the Fed's "loose" stance on future interest rate hikes. Investors are now awaiting the release of the main inflation report today, October 12th, for further guidance on the future direction of interest rates. Additionally, the market is closely monitoring the conflict between Israel and the Islamic organization Hamas. Conversely, the euro rose to $1.0634, its highest level since September 25th. Meanwhile, the pound rose to a three-week high of $1.2337. Dutch central bank board member Klaas Nott said on October 11 that the ECB has made "important progress" in bringing inflation down to its target level, but there is still a long way to go and rules out the possibility of inflation rising. He said he could not. Interest rates may rise further in the future.
TVC:GOLD
by TheLeader_WOLF
Buyback Patterns: GSAs the #3 most heavily weighted stock for the TVC:DJI , NYSE:GS was one of the drivers behind the run down this week. In February, a buyback program of 30 billion was approved. Buybacks probably commenced in March and have been boosting the price up within the trading range until recently. It may be that the buyback money has been depleted. Goldman Sachs reports Oct 17. Revenues declined last quarter. Earnings are up and down. So probably not a great earnings report for Q3. However, the stock has support at the black line, so it doesn't have huge downside potential.
NYSE:GS
by MarthaStokesCMT-TechniTrader
$GS Head & Shoulders Patternkeeping an eye on a potential Head & Shoulders pattern in the stock of Goldman Sachs (ticker symbol: NYSE:GS ). The Head & Shoulders pattern is a popular technical analysis pattern used by traders to predict potential trend reversals. It typically consists of three peaks: a higher peak (head) between two lower peaks (shoulders). The pattern suggests a potential reversal from an uptrend to a downtrend. Here are some key points to keep in mind when trading or investing based on this pattern: 1. **Confirmation**: A Head & Shoulders pattern is only confirmed when the price breaks below the "neckline," which is the line that connects the lows of the two shoulders. This breakout typically signals a bearish trend reversal. 2. **Volume**: Analyzing trading volume can be crucial. Ideally, you'd like to see declining volume as the pattern forms, followed by a noticeable increase in volume on the breakout below the neckline. This increase in volume adds more credibility to the pattern. 3. **Price Targets**: Some traders use the height of the head to the neckline to estimate a potential price target for the downward move after the breakout. 4. **False Signals**: Not all Head & Shoulders patterns work out as expected. Sometimes they can be false signals. It's important to consider other technical indicators, market conditions, and fundamental factors when making trading decisions. 5. **Risk Management**: Always have a clear risk management strategy in place. Determine your stop-loss levels to limit potential losses if the trade goes against you. 6. **Market Context**: Consider the broader market context and news related to the specific stock and industry. Market sentiment and external factors can impact the success of the pattern. 7. **Timeframe**: The effectiveness of this pattern can vary depending on the timeframe you're trading. It's often more reliable on longer timeframes, but it can also be applied to shorter ones. Remember that no trading or investing strategy is foolproof, and past patterns are not guarantees of future performance. It's essential to conduct thorough research and analysis before making any trading decisions. If you're not experienced with technical analysis or trading, consider consulting with a financial advisor or professional who can provide personalized guidance based on your financial goals and risk tolerance.
NYSE:GSShort
by AlgoTradeAlert
Gold: Reaching our expected 1950 position Gold entered the long position at 1938 in the European market, and rebounded and rose as expected. The US market strategy has also been disclosed in advance. Shorting near 1950, plan your transaction, trade your plan, and execute decisively in place. The current price of 1955 is short, and you will reap the rewards! The perfect switch between long and short, two consecutive victories in a day! Perfect! The current rebound of gold has encountered resistance on the pressure position of the upper rail of Bollinger on the daily line, and there is a possibility of band adjustment! The high probability is the beginning of another short fall! The rebound in the US market continues to be empty! Relying on the pressure of the day's high of 1955, shorting is bearish! Gold: 1955 empty, 1938 advanced The support below gold is the 1935 position, the first target area for this decline!
FX:XAUUSDLong
by Dylan-Jones
Gold: Buy more in 1913, the US market continues to be bullish! Gold is still in a bullish upward trend, and the pullback is still an opportunity to go long. Now that the market has fallen back, it will be more direct. The current price of 1913 is more, and the 1935 line is bullish! Gold has now started an upward trend, and shocks and callbacks are inevitable, but every callback is an opportunity to go long again! And the current market is concentrated in the US market! And the current support position is the 1913 line, the bullishness of gold at this position remains unchanged, more, continue to do more! The trend is rising, and the pullback will continue until a new high is reached in the US market. Only after the market reaches the 1935 line, will this rise be possible to end!
FX:XAUUSDLong
by Dylan-Jones
Gold: Bullish trend in gold today Gold is now starting to rebound and rise, and it will fall back and continue to be bullish! The upper goal is the 1930 line! Now that the current price of 1915 is high, the US market continues to be bullish! Gold's apparent decline is now over! The trend broke through the suppression of the downward trend line, and broke through the bottom consolidation pressure yesterday, and continued to expand to new highs today! The short-term is suppressed by the 1920 position, and adjustments and shocks are carried out. The fall is an opportunity to do more again! More, the current price of 1915 in the US market is directly more, bullish, and the target position above is the daily moving average suppressing the 1930 line!
FX:XAUUSDLong
by Dylan-Jones
Gold: 1890 is more supported today! The decline of gold is over, and the bottoming or rebound trend is starting! Today started to be more bullish, relying on the support of 1885, stepping back to more low, more around 1890! Looking at the hourly chart, gold has fluctuated all the way down before, and is suppressed by the moving average. Every time it touches the moving average, it will break a new low! However, the market has been supported by 1885 in the last two days, not only did not continue to break new lows, but also broke through the suppression of the short-term moving average! The market has changed! Today's gold starts to be low and bullish. The first pressure above is to focus on the 1900 mark, which is also the pressure position where the rebound encounters resistance. The second target is the long-term moving average 1905 pressure! Whether it is a rebound or a bottom shock, pay attention to whether 1905 breaks through!
FX:XAUUSDLong
by Dylan-Jones
Today's gold forecast is 1882~1897, sell high and buy lowOn Monday, the Asian market fluctuated greatly. From the perspective of the gold trend structure, the intraday is weak and volatile. It basically runs above 1885. It broke through the 1885 line in the morning and quickly rebounded to the 1894 line to fall back and fluctuate. Judging from this trend, the upward momentum of bulls is still not good, and the overall trend is more biased towards bears. At present, there is still a large downside space below, and the 1870 gap has not been filled, so we still have to be biased in terms of operations. Long orders can only enter the market by grasping the rebound. Now that gold has been in a downward trend for two consecutive weeks, if you want to reverse the bulls, you need the help of the data. Otherwise, bears will continue to suppress bulls. It is very simple to say so much, whether you are long or short, you should change your thinking when it is time to change your thinking, and don't be confused by superficial phenomena, so that you can see clearly the changes in the overall situation. ​Back to the topic, gold continues to operate weakly. Although the market has given the bulls a rebound in the morning, it is still difficult for the bulls to gain a firm foothold under the overall bearish trend. Therefore, the operation idea is still based on shorting. Today, let's look at the top 1897-1900, and rise to this range to find a high point and enter the market to open short. SELL1897~1900 SL1905 TP1885 European and American markets fell below 1882-1878, you can participate in long positions BUY1882~1878 SL1875 TP1890
OANDA:XAUUSD
by Short-termTaurus
Gold bulls are weak, continue to be short​​​​Gold layout analysis: The highest rose to 1906 yesterday and began to short. After we made a profit, we rebounded to 1905.5 and shorted again to make a profit. Looking at the daily line, gold has fallen below the 1890 line. According to the expected trend, it will definitely rebound and fall again to find the bottom support. But tonight there will be the release of initial data and the Fed meeting speech. The bulls may go the same way as before, directly rising without giving any room for reversal. In addition, there will be data released tonight, so the operation is still based on high altitudes, and more orders will be laid out for everyone based on the actual trend. However, according to yesterday's forecast, I believe that gold will continue to fall and continue to approach the 1870 gap below. We just need to control the entry position. Back to the topic, the current gold bull trend has been in a very weak state. The rebound position is not strong enough, we can't give us a point to enter the market and open a short position, so we will continue to wait and see. In today's operation, first look at the 1900-1903 line above, and reach this range to find a high point to enter the market and open short. SELL:1900~1903, SL:1908 TP:1890~1895 The long signal will be arranged and shared with you according to the actual trend.
OANDA:XAUUSDShort
by Short-termTaurus