Gold trading recommendations today
The current gold cycle is still in a bearish downward trend, with three major peaks on the weekly line, and continuous new lows on the daily line. In the short-term, gold is in the process of large-scale shocks from 1940 to 1980, which is a falling relay pattern. ! After the shock, it will surely fall to a new low again!
After the current gold bottomed out, it quickly returned to the range and continued to oscillate. After encountering resistance, go short on the band!
Trading straregy:
gold: sell@1960-1955 tp1:1950 tp2:1940
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!
Goldmansachs
Can gold still be short?
Gold rose from around 1926 to around 1960 today, after the data was released, gold showed a significant pullback, currently stable below 1960, short-term did not break through 1960, we must know that the impact of data on gold is temporary, the rise of gold will also give us a better short position, and gold from the overall trend, gold short will have greater profit opportunities
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
Gold trading recommendations today
Gold did not continue to fall after yesterday's fall, but a small rebound. Are gold bulls starting to reverse again? This is also a matter of concern to everyone. Tonight, the annual rate of CPI in the United States has not been adjusted seasonally in May. Before the data, it is normal for gold to fluctuate back and forth. However, the gold rebound is an opportunity to short.
The gold 4-hour is now in a relay pattern of triangle convergence. The overall 4-hour trend is still downward. After the golden triangle converges and falls below the lower support, the gold 4-hour decline will continue. After gold fell below the downward trend line for 1 hour yesterday, the rebound did not break through the downward trend line again, which has formed a back pressure. At the same time, a downward channel has formed a trend of oscillating and falling in 1 hour.
Trading straregy:
gold: sell@1959 tp1:1949 tp2:1944
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!
Gold trend analysis
The market has been in consolidation territory in June this month, and this week will usher in the main moment. The CPI on Tuesday, the decisions of the United States, Europe and the Bank of Japan in the next few days, so the market will be very volatile this week and the range may be broken
Gold today after coming to 1967, again the current low around 1950, for now, the first place to focus should be around 1960, the dollar bottom divergence signal, wary of gold to start a downtrend
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
Gold trading recommendations today
Gold rose directly with marginal support yesterday
Looking at the 4-hour cycle, the price of gold is still below the trend line. On Friday, the price of gold touched the downward trend line, and gold plummeted even more, putting pressure on it. It is easy to see that gold is now in a oscillating trend, because the high and low points extend horizontally, and the gold price shuttles back and forth on the moving average, which has ruled out the unilateral trend, and now it is a oscillating trend.
Based on this, I judge that the price of gold is in a volatile market in a downward trend. Sooner or later, gold will fall below and start a plunge mode.
Trading straregy:
gold: sell@1961 tp1:1951 tp2:1946
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!
GOLD: Continuation of downtrend!When the dust settles, the Fed is set to continue raising rates
If the Federal Reserve meeting were held today, the current uncertainty surrounding banks would prompt them to keep rates unchanged. However, in the ever-changing world of markets, a lot can happen in just one week. If the upcoming weekend remains calm and without any need to rescue banks, there is a strong possibility of a 25 basis points rate hike. The Federal Reserve typically continues to increase rates until they reach a breaking point. Even if the only bank to suffer is SVB, high inflation levels may still require further rate hikes. This scenario would result in a stronger US Dollar, but eventually lead to a decline in the stock market once the initial relief rally following no new bank failures fades away.
GOLD - KEYLEVELS TO WATCH FOR A TRADE GOLD - KEYLEVELS TO WATCH FOR A TRADE
Personally im not looking to short GOLD , beacuse there is still an UPTREND , so from here the price can grow faster and i dont want to be vulerable on this.
Im looking just for longs ...maybe the short ideea will be just if the daily trend line wil be brooken.
Gold trading recommendations today
On Black Friday, empty orders continued to make profits. The most violent thing was that the price of gold fell directly below the neckline. At this time, the bottom structure directly failed. Relying on the pressure of the neckline at the 1954 line, continue to short the gold. This time the gold price will test the support at the 1938 line below again.
If the price of gold cannot reach the suppression of the mid-line of the daily line, then this wave of gold price will be the reverse draw of the neckline. This is a proper M head structure. The short position is now using the relay structure. With this structure, the gold price will continue this week plunged.
Trading straregy:
gold: sell@1954 tp1:1938 tp2:1930
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!
GOLD SELL Hi, according to my analysis of the gold market. There is a high probability of falling. With the formation of the descending channel, gold was unable to break it higher. There is also an internal channel as shown in the analysis. There is a lot of pressure from the sellers to fall back to the 1930 levels. And the 1910 level. Good luck everyone .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
GOLD with NF: Economy and War!The economy is showing signs of improvement, with the USD still on the rise. However, tensions of war are on the increase. If the conflict intensifies, Gold is likely to see a surge in demand due to its traditional role as a safe haven for investors. This could lead to price conflicts and a time of heightened market volatility. Experts predict a decline in gold prices before the economy stabilizes, but the ongoing war escalation could see it continue to rise in the long term.
It is advisable to refrain from trading when there is no promising entry point available. Instead, consider purchasing at the support level of 1965 and selling at the resistance level of 1992 , which are both robust areas. Technical analysis confirms the existence of these support ranges and highlights favorable entry points for traders.
GOLD before NF: Beware of tricksGold prices increased by more than 0.7% on Thursday, resulting in an overall gain of about 1.6% for the week.
This marks the best week for gold since early April. The rise in XAU/USD comes as the US Dollar and Treasury yields weaken, highlighting gold's anti-fiat characteristics.
On the daily chart, the next major technical obstacle for gold prices is approaching. On the 4-hour chart, the pair has rebounded off the rising EMA34 and is attempting to stay above the EMA89.
Technical indicators are still in positive territory, with the RSI remaining bullish at around 64. More upside potential is expected in the near future, especially if the current positive trend continues.
Gold began to weaken
As I analyzed yesterday, the current gold trend is the same as the chart given yesterday, gold began to fall after rising, gold is currently oscillating around 1955, today I am short around 1965, perfectly achieved profit, got a very good profit, next gold will continue to fluctuate, we focus on 1950 below, focus on 1965-1972 above, I think gold around 1970 will be a good short position, it should be noted that Several data to be released soon may have an impact on gold, and friends with insufficient trading funds recommend reducing trading and waiting for suitable trading opportunities
Personal Trading Strategy:
gold:sell @1968-1973 tp 1955-1960
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
Gold trading recommendations today
The gold Yinxian fell below the 1-hour mid-track, which is the best signal for the end of the bulls, which is to be shorted, but this cannot determine the low point, so we can only use other methods to continue to hold short orders
Although there is a bottom structure, gold has not yet tested whether the neckline support is effective. Moreover, the price of gold was suppressed by the daily pressure level yesterday, and it plummeted by 15 US dollars in a straight line, which shows the great pressure.
Trading straregy:
gold: sell@1962 tp1:1952
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!
Gold strategy
Gold after yesterday's rise, the highest level is 1963.32, without breaking through 1965 there is still a chance for us bears. At present, gold is still at a high level, for the current market, can it continue to go short? In this regard, I think that the short-term can be bearish within the day, mainly depending on the strength of the decline
My view of gold in the near future is to see it finish the downward trend at the bottom position and then lay out the rebound market. But before the non-farm payrolls announcement, gold began to enter a correction period
My general view of gold at the moment. Last night was the release of relevant US economic data, simply put, house prices rose, indicating that the real estate market is developing well, which is good for the US economy and bearish for gold. As well as the consumer confidence index, the release value is higher than expected, which can also indicate that the US economy has been boosted, and the masses have begun to remain active in the consumer market, which is also positive for the dollar and bearish gold.
Looking at the short-term 1 hour, gold began to fall from the high of 1959 this morning, the lowest was to the position of 1954, and after an hour of line change, it began to rebound again. The current narrow range of oscillations is 1950-1960, with the initial resistance above the 1965 area, followed by the upward look above 1970.
This sudden rise will inevitably push up the support in the short term of gold. 1950 became the first support, 1940 became a strong support, if this level can be broken, then we will continue the previous short strategy.
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
Gold trading recommendations today
Gold rebounded but 1950, continue to be short
The current decline of gold is still the same, the rebound is not under pressure, and it will continue to make new lows after the shock! Relying on the key pressure position is short
The current gold is undoubtedly still in a downward trend. On the 4-hour level, gold fluctuates all the way down! And it keeps breaking new lows, and the high point connection forms the suppression of the current downward trend line! It is also the key resistance of this rebound!
Before breaking through the suppression of the downward trend line, gold will continue to fluctuate downward, and will continue to break new lows! The longer the shock, the stronger the explosive power!
Trading straregy:
gold: sell@1950 tp1:1935 tp2:1925
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!
Gold trading analysis of the week
Over the weekend, Biden announced a debt ceiling agreement, which made the risk of default that the market feared disappear and was bearish for gold in the short term
The Fed raises the debt ceiling, the dollar in the market will naturally increase, thus affecting inflation, inflation will reverse and rise again, the Fed will use interest rate hikes to suppress, interest rate hikes will affect the dollar index higher, and gold and the dollar are negatively correlated, is bound to continue to suppress gold
In 2019, the Fed raised interest rates many times, gold was mainly wide or slightly down, and when the interest rate cut came in July 2019, gold ushered in a rise, which can predict that this interest rate hike gold prices will fall or fluctuate
Trading Strategy:
gold:sell@1950-1955 tp1942-1938
If you are not satisfied with your trading results, you can join me, I can provide you with professional account management, follow my signals to trade together, and maximize the profit of your account
XAUUSD BUY PROJECTION 28.05.23Reson Behind XAUUSD/GOLD Bullish
1. Tecnically Obey Strong Suport @ 1920-1925
2. Retrace the Paralle Trendline and Make Contination in Trend
3. Formation of Double Bottom Make teh pair to Make Higher High
Fundamental DXY Analysis
Marlet clearly Breaked Resistance and trend line and Moving over the Higher Resis of 105
If market Obey the support @ 105 then the Gold Make the strong Bullish Over teh taget Price of 2020
Overall Possibel outcomes
XAUUSD BUY @ 1920-1930
SL 1890
TP 1 1982
TP2 2020
GOLD: WHAT WILL HAPPEN?Two of the strongest months for gold tend to be January and August. However, over the last 25 years, the weakest month for gold has been March. The early bounce in gold around the turn of the month has largely been on a retracement in the USD and yields after heavy re-pricing on Fed rates. However, the outlook moving forward for gold is likely to continue to reflect the path of US rates. Aggressive Fed hiking expectations, especially if Fed speakers start to talk about rates at 6%, would likely pressure gold further. This could be enhanced by the seasonally weak month for gold.
Sell GOLD zone 1952 - 1955
Stoploss: 1957
Take Profit 1: 1945
Take Profit 2: 1935
Take Profit 3: 1925
GOLD: Stalls on the offer after FOMC minutesFOMC minutes, key notes
Some participants commented that additional policy firming would likely be warranted at future meetings.
Some participants stressed it was crucial that policy that the statement not signal the likelihood of rate cuts this year or rule out further hikes.
Fed staff continue to forecast mild recession starting later this year, followed by a modestly-paced recovery.
Several participants said if the economy evolved along lines of their outlooks, further policy firming might not be needed.
Participants generally agreed that the extent to which further interest rate hikes may be appropriate had become less certain.
Many participants focused on need to retain optionality after May meeting.
Participants judged that the banking sector stress would likely weigh on economic activity but to an uncertain extent.
Participants agreed that inflation was unacceptably high, and are declining slower than they had expected.
Some participants noted concerns that the Federal debt limit may not be raised in a timely manner, threatening significant financial system disruptions, and tighter financial conditions.
Gold has made consecutive profits this week
In the last analysis I said that the resistance level is in 1984, and then without a strong breakout in 1984, gold will continue to fall, which is a good short opportunity.
As long as the direction is right, you can make money in any way
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!
Analysis of today's gold trading
The fundamental news of the debt ceiling is still the key. It is worth noting that if the dollar rises due to the approaching deadline of the US debt ceiling, gold may experience a deeper pullback. If the debt ceiling is resolved, then gold will keep rising.
From a technical point of view, gold is still short in the short term. 1950 below gold has become the most critical position to open up the downside space. Once it breaks, gold will continue to test the vicinity of 1940-1930-1900, effectively breaking below 1900, and gold will make up for the 1868 gap. Direction
However, if gold maintains above 1950, it may regain support, and it may continue to test the possibility of 1984-1990-1996, effectively standing above 1996, and gold may test the vicinity of 2002 US dollars. At the same time, 2002 is also a key resistance level. Only a breakthrough can see the 2012-2022 area, but at present, gold does not have that much momentum in the short term.
Trading advice: Go short in a high position and go long in a low position
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!
GOLD: Gold's next direction!Stagflation to take USD even higher
The demand for goods and services across the world is facing challenges due to inflation and high input prices. This is impacting the purchasing power of consumers and profits of companies. However, the energy sector is less affected. The global monetary conditions are also tightening, which contributes to the current downturn. Despite this, the US market continues to offer high-interest rates and foreign investors find equities attractive. Hence, the US is expected to attract capital, which can strengthen the USD.
GOLD: The return of the uptrend!Fundamental Overview
On Tuesday, XAU/USD experienced a drop to its lowest point of $1,954.22 during European trading hours. This was due to market concerns which increased demand for the American currency. However, gold was able to regain some of its value against the US Dollar and is currently trading at around $1,972. This marks the second consecutive day of little change in value. Financial markets are currently cautious due to uninspiring macroeconomic data and uncertainty surrounding the Federal Reserve's next steps. In early May, US policymakers raised rates by 25 basis points and suggested that future decisions would depend on data and be made meeting by meeting. This cautious approach led to a pause in hikes as Fed officials expressed concern over the impact of additional tightening on the banking system.
Plan trade in the intro