Make money by shorting gold with your eyes closedFrom the perspective of short-term structure, since gold fell from around 2000 to around 1974, it has been unable to break through the 1992 position during the rebound process, which proves that gold is extremely weak, so gold will continue to fall, and it will even go down and test again Support around 1970.
So can the current price directly short gold? Obviously not, because before gold falls to test the support of 1970, it will definitely go up in a short-term and rapidly.In order to let most short traders be eliminated in advance,and let some traders who chased more gold be trapped again,so at least where is it safer to short gold? I predict that it will be relatively safe to participate in shorting gold around 1996-1998.
Therefore, when gold is trading around 1988, we should not rush into the market to participate in the transaction, but first observe the breakthrough situation at the 1992 line, and properly consider the expectation that gold will appropriately lower the high point during the rebound. Wait patiently for a solid position to participate in shorting gold. As for the specific position to participate in shorting gold, when the opportunity is right, I will announce my trading signal in the channel as soon as possible. Please pay attention to the information in the channel.
Goldmansachs
4/19 Gold trading signal: Sell
We have made a profit of more than 300% for two consecutive weeks!This week's profit is close to 400%!
Last week, gold rose to near 2050 under the stimulus of news from all parties. During the US market on Friday, it directly fell below 2000, a decline of more than 50 US dollars. The long gold signal given on Thursday was successful. Profit, and the short signal on Friday also caught this wave of the market very well.In Monday's trading, the short-selling signal given made a big profit again!Yesterday's signal was to go long first and then short. The resistance levels given were 2003 and 2007-2013. If you are trading following my signal, then congratulations, you have discovered the treasure!
Today, after breaking the support of 2003, gold in the Asian market experienced a wave of sharp declines. When it touched the support of 1990-1987, it rebounded slightly. The resistance was 1996 and 2001-2004. The support maintained yesterday's view, 1990-1987, followed by 1978-1975, 1969-1963, if you are not sure, you are welcome to come to me!
GOLD: CB Consumer Confidence!Fundamental Overview
On Monday, the US Dollar experienced a significant drop as sellers took over after a brief dip on Friday. This happened as the US Treasury bond yields decreased across the curve. The 10-year US Treasury bond yields fell by eight basis points, marking the largest single-day decline since March. Additionally, the 10-year US rates dropped below the 3.50% level once again.
The markets have reassessed their expectations for a potential rate hike by the US Federal Reserve (Fed). It is anticipated that the Fed will take a break after the 25 basis points hike in May. There are indications that the central bank may reduce rates in July, which would result in the year ending below 4.50%. Additionally, concerns surrounding the ongoing drama over the US debt ceiling have led to investors seeking safe haven in US government bonds. This has led to a decline in US Treasury bond yields and the US Dollar.
GOLD: Inflationary!Hi trader, i want to send you some useful information 🍀
The US economy's decline and subsequent fall back into the global pack could potentially cause an historic re-pricing of the US dollar, but such an event may not happen soon. Currently, the US dollar is experiencing an upward trend in its price, which could be the beginning of another significant increase. The market may be caught off guard by the unexpected strength and resurgence of inflation, which is prevailing over the Federal Reserve at current rate levels.
Re-acceleration of inflation and its win over the Fed will continue to catch the market by surprise
What to do with the quilt cover of the gold trading order?Gold's single-day volatility has gradually increased, and after a short-term surge or plunge, the continuity is not strong, and it is likely to come out of a V-shaped reversal market. Therefore, in this extreme market, I have reminded everyone not to easily chase up or short in operation, otherwise it will be easy to be swept back and forth.Therefore, it is necessary to set the pace in trading.
At present, gold has gradually recovered after touching a minimum near 1969, and has now recovered to above 2,000 points; is gold going to start a new round of rising markets?I don't think so. I think that gold's short-term rebound is more likely to be a false boom, and it is more like bulls fleeing from self-rescue, so I think that after gold rebounded, it will continue to fall.
So in terms of short-term operations, I am more inclined to sell gold after the rebound.
For the recent ups and downs of the market, over and over again, and frequent long and short conversions, there may be many friends in the trading, back and forth continuous loss orders.So whether it is a friend whose trading order is blocked or a friend who has recently lost money in a row, you can enter my channel through the link below.I have the real strength to help you solve the problem or satisfy your desire to make money. Welcome everyone to visit the channel!
4/20 Gold trading Signals: 1990-2015
We have made a profit of more than 300% for two consecutive weeks!This week's 500% target has been completed, and it is expected that another 100% profit will be obtained before the market closes tomorrow!
If you are trading following my signal, then congratulations, you have discovered the treasure!
Today, after gold was supported near 1990-1993, the Asian and European markets fluctuated and rose, and the US market opened strongly to near 2011. It is currently maintaining volatility. On the trend, the key resistance level is 2015-2018. If it cannot be broken through, the market will still be in a short form, and the support near 1969 will still be tested again.
If you are not sure, you can come to me!
GOLD: Next goal!Hello trader, Have a nice day, stop for a moment and take a look at the important information ✅
Fundamental Overview:
On Wednesday, financial markets began with a preference for low-risk investments, leading to an increase in demand for the US Dollar in the foreign exchange market. The price of XAU/USD dropped to 1,969.20, which is the lowest it has been in the last two weeks. However, it gradually increased and is currently trading at around 1,995 per troy ounce. This shift in market sentiment was caused by US Federal Reserve officials, Raphael Bostic and James Bullard, who recommended that additional rate hikes are necessary to manage inflation in the US. As a result, both Asian and European indexes decreased, and the yields on government bonds rose.
Gold struggles even as geopolitical, inflation fears propel US Dollar, yields
Attention, attention, gold 1997 is directly backhanded empty, lo
The happiness we pursue all our lives is not in the past, not in the future, but in the present, the scene in our eyes, the Chinese food in a bowl, and the people around us.
Gold 1997 was directly backhanded and empty, and it was about to plummet
Today, gold is about to start a plunge mode, and the bottom is plummeting. It will initially reach the 1950 line, and there is still a 50cm drop. As an analyst, I am already waiting for the data to plummet.
Gold still has no upward trend, especially when it rushed above 2006 in the early trading, it was directly discouraged and could not be hardened. The big Yin line was directly crushed, and 1997 was directly empty.
Operating strategy: gold 1997 empty, stop loss 2005, target 1950
Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩💻
More than 2,000 gold has made substantial profits, bullishness u
In the early trading, gold 2000 was openly long, and now it has risen sharply to 2012. Continue to look at the first target of 2020
Gold will reverse in a V shape this week. What you think is weak is not really weak. I still have to abide by my trading rules. After the gold price plummeted, the bad news was cleared. This is exactly my opportunity to go long. It doesn't matter if you miss this time, gold will continue to soar, and you will make a lot of money if you keep up.
The price of gold has continued to rise, breaking through various pressure levels in a row, just hold on to the trend. This is the time to make a lot of money by holding multiple orders. Don't think that there is pressure on the upper side to harvest the long orders early. Just follow my rhythm together, I am still patiently holding long orders, I believe in my judgment, this is the key to my ability to hold long orders.
Trading strategy: more than 2000 gold, stop loss 1990, target 2020-2040
GS Goldman Sachs Options Ahead of EarningsAfter the last Price Target was reached:
Now analyzing the options chain of GS Goldman Sachs prior to the earnings report this week, I would consider purchasing
Calls with a 350usd strike price and an expiration date of 2023-5-19, for a premium of approximately $5.75.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I am interested to hear your thoughts on this strategy.
JPM / JP Morgan - Don't Gamble On Regional BanksI know that whenever something drops by 30 or 50 or 70 percent in one or two days it seems like you might be able to smash buy and ride the bounce back to the top, but just take a look at how well that worked out for tech stocks once the market started to correct at the end of 2021, or just take a look at how well that worked for Silicon Valley Bank dip buyers who found their shares worth $0 in a few hours.
JP Morgan and the other big American banks aren't just "big American banks," but the financial arm of the United States' military industrial complex. Moreover, they're something that's become a pillar of the entire world's financial ecosystem. The heart of the world's economy is in Manhattan, but they're also the ones responsible for providing a financial life line (a blood transfusion) to the Chinese Communist Party all of these years.
Here's some things everyone should think about:
1. Regional banks are not a buy, because they need to be eliminated for Central Bank Digital Currencies
2. SWIFT itself is expanding its CBDC platform pilot globally after a test run that involved a JP Morgan-created centralized fork of Ethereum .
3. CBDCs are required for the global implementation of the CCP's social credit credit system
4. CBDCs mean citizen and small business banking becomes centralized in Federal Reserve proxy accounts ran through the biggest banks
5. Welcome to communism. The purpose of all of this is to install communism for the purposes of attempting to change the human living condition.
Credit Suisse is probably going to implode for real and that's going to cause some chaos for the markets. This play is pretty much a mirror of the 2008 GFC with Bear Sterns, which everyone would do well to educate themselves on how that went down .
The problem with Central Bank QE isn't all the Libertarian crap you've been told. The problem is that deposits are a liability for banks because they have to pay interest on them, and so they need to seek yield. Seeking yield on a very large position is very hard, because guys like JPM and Blackrock and Vanguard happen to make the markets, and markets are a euphemism for a casino, and casinos are zero sum games where there's a small number of winners and a large number of losers.
And so when there's no interest rates, banks have to take risks to generate cashflow to pay interest to the very, very large depositors. When QE was hot that seemed to have meant long bonds, long equities. And then the Fed raised rates 5 percent while they were holding a lot of equities and bonds and now those bonds and equities aren't worth very much.
So they're red on their positions and can't HODL through it because of bank runs and go under.
It's as simple as that and it was an engineered play for smaller banks to be destroyed and then the big banks buy the liquidations.
It's the same as how whales kill sharks by holding them upside down in the water, which makes them disoriented and paralyzed, and then the whales eat their livers and leave them to die.
JPM on the monthly is not likely to have topped and gives you no reason to think there's a financial crash or any real bearishness brewing:
Yet the weekly shows you confluence between Fib levels and gaps, and that it's just too early to go long, and kind of scary to scalp short to boot:
JPM's double tops at $145 made very little sense at the time, and that's because, in my opinion, they were short their own stock under $150 in anticipation of what everyone who's running big data analysis for real knew, that SIVB and SBNY and SI would collapse, that CS was a bloated corpse in the river that the Swiss National Bank couldn't save, and that it was time to start taking down the regional banks by using the crisis as an opportunity.
Naturally, being a bank and part of the sector, this will give grounds to make JPM's shares drop, so they just sell, and then buy back, and then give themselves bonuses and go for happy hour with cocaine and strippers when the drama is over because someone buys CS and the Fed pauses hikes, and they pump their own stock back to $200.
Another thing is that the narrative is that equities are *going2themoon* because the Federal Reserve just HAS to stop hiking rates now. Look at how much damage the rate hikes caused! They just have to stop hiking now!
They probably won't. FOMC hasn't led to a dumpster fire in quite a few months and you should be concerned about that.
After Wednesday's FOMC, the next one afterwards is May 2. Expect them to pivot then, not now, and for May, June, July to become another "most hated rally" for bears.
Except this time it won't be a bear market rally, but a bump and run reversal, that pumps tech and other dumpster trash to a new ATH that makes bears blow their accounts.
Look for longs in the $110 range on JPM and expect the October bottom to hold, because it's called a pivot for a reason, sons.
It's JP Morgan. This kind of disaster in the markets today was arranged by them, and is not something they're personally subject to.
The disasters that lie ahead for the current regime because of what they've been doing to help the CCP as it persecutes Falun Gong over the last 24 years are retribution that they haven't arranged and that nobody can dodge, and something that will catch the entire market off guard.
But for now, you can get $40 a share if you buy in the $110s and sell at $150. And the time horizon is probably literally no later than the end of May, too.
Don't go long on regional banks. Go long on the big banks. And then get out and be careful, because everything in this world is about to change very quickly, and human beings are not going to be able to bear the terribleness of what happens when the regime goes to install communism worldwide.
XAUUSD: Weaker PPI figures boost GOLDGreetings to all traders! I have some valuable trading-related information that I would like to share with you ❤️
In the US, weaker PPI figures and an increase in jobless claims have led to a boost in stocks during the afternoon. This has resulted in the market hoping for more negative news to influence the Fed to pause beyond the next meeting. However, the possibility of 'no change' at the upcoming meeting is not very likely.
Predicting continuation of the uptrend GOLD
4/11 Gold trading Signals
Gold peaked near 2003 yesterday, so today this position is treated as the first resistance level, then the gap position near 2008, and the early support level near 2013-2016. These are the important resistance levels today. If the market encounters resistance near these points, you can trade short.
The strong support is based on yesterday's low as a reference, focusing on the vicinity of 1980, and above is the moving average support near 1996-1993.
During the trading process, pay attention to observe the conversion of the support pressure level, and at the same time learn to distinguish between true and false breakthroughs. It is usually judged by 2-3 K-lines (except for strong breakthroughs on the Dayang line). You can see the 30m chart.
If you need a specific trading strategy, please contact me in time.
XAUUSD top-down analysis,gap down!!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold is about to usher in another big opportunity
Gold surged strongly yesterday, breaking through $2000 to around $2025. My friends made a profit of 300% in yesterday's trading, and I congratulate them! So far, the highest point for gold is around $2028, at which point we need to look to past trends for reference.
In recent years, gold has only risen above $2050 in 2020 and 2022. Based on past trends, there is resistance around $2035, followed by the highs of 2069 in 2022 and 2073, which was the historical high in 2020. These are the known important resistance levels, and we have no basis to predict where it will go if it breaks through 2073.
Moving on to support levels, the 30-minute moving average MA60 is around $2010, and the other 5/10/20/30 are close together, around $2024-2025. The 60-minute MA30 is around $2010, and the MA60 is around $1993. On the 1-day chart, MA5 is located around $1996, MA10 around $1986, and MA20 around $1956.
Based on the moving average, the support levels are around $2010-2013, followed by $1993-1996, and then $1986-1956. Therefore, the key focus for recent gold trading is on these points, allowing for buying low and selling high or one-way trading, depending on the direction of the market.
20 Reasons for Buy GOLD 🔆 MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW ☀️
✨Eagle Eye: Strongly bullish with a potential for a minor correction
📆 Monthly: Currently in an uptrend with a minor corrective phase. The market has engulfed the last 3 months' move with a high chance of moving upward.
📅 Weekly: A clean uptrend with a BOS indicating a short correction before moving up again this week.
🕛 Daily: A proper break of structure with a classic cup and handle pattern and substantial buildup. All bullish signs are present, making it a good time to enter for a buy entry.
😇 7 Dimension Analysis
🟢 Analysis Time Frame: Daily
1 Price Structure: Bullish
2 Pattern Candle Chart: Cup and handle pattern with confirmed breakout after buildup
3 Volume: Volumes increased at the 2nd breakout, but not significantly strong
4 Momentum UNCONVENTIONAL RSI: Clearly in the super bullish zone
5 Volatility Measure Bollinger Bands: M-type patterns not suitable for bulls, with a short reversal expected
6 Strength ADX: Bull DMI cross-bulls have taken control, with a correction expected
7 Sentiment ROC: The USD shows strength this week.
✔️ Entry Time Frame: H4
12. Entry TF Structure: Bullish
Entry Move: We need a reversal now
Support Resistance Base: Lower side trend line support at present
FIB: Corrective move started
☑️ Final Comments: The corrective move is expected to complete around the 1980 area.
16. 💡Decision: Buy
🚀Entry: 1982
✋Stop Loss: 1970
🎯Take Profit: 2070
😊Risk to Reward Ratio: 1:4
🕛 Expected Duration: 5 days.
GOLD: Next trend!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
M30 chart: The XAU/USD pair is currently hovering around the $2,025 mark and appears to be continuing its upward trend without any signs of slowing down. The technical indicators on the daily chart are also showing positive signs, with recoveries occurring within positive levels, although they have not yet reached overbought levels. In addition, the 20 Simple Moving Average (SMA) is moving higher, which indicates strong buying interest. This SMA is lower than the current level, but it is still above other bullish longer moving averages.
D chart: Historical data suggests that January and August are typically strong months for gold, while March has been the weakest month in the past 25 years. The recent increase in gold prices can be attributed to a decline in USD and yields after a significant re-pricing on Fed rates. However, the future performance of gold is likely to be influenced by US rates. If the Fed decides to increase rates aggressively, particularly if they reach 6%, it could further impact the value of gold. Additionally, the seasonal weakness of gold during March could exacerbate this trend.
Short-term bullish prediction for gold!
GOLD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on XAUUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalances lower and then to reject from bullish order block.
Fundamental analysis: We have news events on USD on Friday 7th of April, one of the most important news related to USD, which are NFP and Unemployment rate. Pay attention to the results of these news as they will indicate the direction for this month.
Like, comment and subscribe to be in touch with my content!
Will the price of gold continue to rise?The February non-farm payroll data in the United States remained robust, however, the unemployment rate and wage growth slowed, weakening market expectations of a Fed rate hike. The short-term direction of the gold price remains dependent on US economic data, with a focus on next week's CPI report. Technically, the gold price is expected to continue its rebound trend next week.
The fundamental outlook for gold: the key remains on US economic data, with a focus on next week's CPI report.
On Friday, the US Bureau of Labor Statistics released data showing that the US added 311,000 non-farm jobs in February, lower than the revised figure of 504,000 jobs but far higher than the expected 205,000 jobs. The unemployment rate in February rose to 3.6%, higher than the expected and previous value of 3.4%. Average hourly earnings in February increased by 4.62% year-on-year, lower than the expected 4.7%, but higher than the previous value of 4.40%.
Although the number of non-farm payroll jobs added in February was significantly higher than expected, the rise in the unemployment rate and the slowdown in wage growth have tempered market expectations of a 50 basis point rate hike by the Fed at its March meeting. At the same time, the market has priced in a significant decline in the terminal rate of the Fed, and expectations of a rate cut by the end of the year have resurfaced.
According to the CME FedWatch Tool, the probability of a 50 basis point rate hike by the Fed in March is 39.5%, while the probability of a 25 basis point rate hike is 60.5%, down from 68.3% and 31.7%, respectively, the day before.
Based on federal funds rate futures, the currency market currently expects the Fed's peak rate to reach 5.27% in July, down from the previous expectation of 5.67% in October, and expects the Fed's rate to fall to 4.94% by the end of the year. The market has fully priced in a 25 basis point rate cut by the Fed before the end of the year.
As market expectations of a Fed rate hike have cooled, the US dollar index fell 0.61% to 104.64 on Friday, while the yields on 2-year and 10-year US Treasury bonds plunged by 28 basis points to 4.59% and 21 basis points to 3.70%, respectively. The gold price surged nearly $40 to $1,867 per ounce after a $33 drop on Tuesday.
Overall, the February non-farm payroll report still shows that the US labor market remains strong, but some data is beginning to show signs of cooling. Against the backdrop of high interest rates in more than 40 years, the market has made a very sensitive response, and expectations for the Fed's interest rate outlook have quickly weakened, causing the US dollar and US Treasury bond yields to plummet, driving the gold price higher.
Finally, the short-term direction of the gold price still depends on the US economic data, and the US CPI report for February, to be released next Tuesday, is particularly important. If the core inflation or detailed data shows signs of a slowdown in inflation, it could push the US dollar and US Treasury bond yields even lower, thereby boosting the gold price. If the data continues to show sticky inflation, the US dollar and US Treasury bond yields may not fall as quickly.
Technical Outlook for Gold: Likely to Continue its Upward Trend
On the weekly chart, gold rebounded from a significant support area formed by the 100-week moving average and the weekly high of August 8, 2022 (1,807). This week's candle has a relatively long lower shadow, continuing the rebound trend from last week. From the perspective of the trend pattern, the upward momentum of gold is relatively strong, and it is expected to continue its upward trend next week.
If the trend does indeed continue to rise, the immediate resistance levels may be at the 61.8% Fibonacci retracement level (1,899), the weekly low of January 16 (1,897), and the weekly high of February 6 (1,888). On the other hand, if the trend falls back, the market may test the significant support area mentioned above (1,807/1,810) again.
However, the specific direction of the trend may still depend on the US CPI data. It is worth noting that if the data does not cause gold to significantly drop, it will help confirm the (1,807/1,810) area as a temporary low point for gold.
4/4 Gold Trading Strategy
Gold launched a long-term upward attack in the support area of 1954~1950 yesterday. There was basically no adjustment on the way to continue the strong attack.
The current strong pressure is at 1988-1992. Once it breaks through here, it will open up short-term upside. (support 1974-1965)
Gold operation recommends buying in 1974-1977, target 1984~1988, if the rise breaks through 1988-1992, continue to look at the previous rebound high in 2009.