9.2 Gold short-term operation strategyGold fluctuates, short-term bullish ideas remain unchanged
Today is currently successful. Due to the Labor Day in the United States, the market fluctuates in the range of 2490-2508. Go long in the morning and leave with a profit of 4 points. In terms of trend, the overall trend is still short-term bullish. After falling back, it stands on 2500 again. Bulls are dominant. Short-term bullish operations are still in place. Go long around 2496, stop loss at 2488, and stop profit at 2508-2516. Pay attention to risks.
Trading ideas: Go long around 2496, stop loss at 2488, and profit at 2508/2516
The above suggestions are for reference only and are not used as a basis for trading
Goldpreis
Gold short-term operation analysis suggestionsGold fluctuated and rose under the speech of Fed Chairman Powell, rising from 2504 all the way to 2516, an increase of 12 points, and then consolidated and tested back and forth, but failed to reach the resistance point of 2520.
Powell made it very clear in his statement that inflation is falling. In addition, the Fed believes that inflation will continue to fall and employment has not been adversely affected. Powell wanted the market to know that the Fed was not behind the curve. By clarifying the possibility of a rate cut in September, Powell is actually cutting interest rates a month in advance. The timing of the first cut is clear, and the magnitude is still in suspense. I don't think the Fed will suddenly cut interest rates by 50 basis points. Slow and steady is the way the Fed hopes to implement easing policies in the early stages.
Resistance level 2520 2530 2550
Support level 2505 2500 2490
8.22 Gold Operation AnalysisGold fluctuated and fell during the European session after the release of the US weekly jobless claims data on August 17. It has now fallen below the support line of the lower Bollinger band of 2485. The data is lower than expected. Gold should have been bullish, but it fell instead of rising.
For this situation, my personal analysis is that the bulls may be accumulating momentum to fall back and rush higher.
The long-term trend of gold is definitely rising, but it will inevitably fluctuate and consolidate in the medium term.
Key resistance levels are 2498, 2512, 2522, and 2530.
Key support levels are 2483, 2473, 2463, and 2450.
8.22 Gold Operation AnalysisFrom a technical perspective, the 4-hour candle trend of the gold K-line chart is stable and currently fluctuates sideways at 2508.
Operation suggestions for the short term
2505 long position, take profit at 2520, stop loss at 2497
2515 short position, take profit at 2505, stop loss at 2523
8.2 Analysis of gold trend operationAfter hitting the peak of 2530 on the 20th, gold fluctuated at a high level and finally quickly pulled back. Currently, it is 2505 points.
Yesterday, gold failed to hit 2530 several times. The last time it hit 30, it quickly fell back. This also shows that the bulls may continue to hit the high point after the pullback.
The key downward support point is 2500. If it falls below 2500, look at 2490 / 2480 below.
Resistance points are 2520, 2530, and 2550.
What do you think about gold? Welcome to like and comment.
8.20 Gold Operation AnalysisFrom the 4-hour chart, gold closed at the top of the candle at 2525 and hit the top. We just tested 2530 but pulled back to 2526 resistance and only made a profit of 3 points. It is currently hovering around 2525.
Buy point 2520, take profit 2520, stop loss 2515
Buy point 2528, take profit 2518, stop loss 2533
8.20 Gold Trend Analysis2500 Golden Era has officially stabilized and will move towards 2600 in the future
Gold fluctuated and jumped from a low of 2486 to 2510 during the European session on Monday
The bulls are still continuing today. Currently, the gold price is trading at a high of 2523. On the Bollinger Bands, gold is below the middle track. The hammer line is long. If it touches the bottom, it can be bullish
In addition to the geopolitical situation, everyone is currently pinning their hopes on the trend of gold on Friday when Fed Chairman Powell will give a speech on the economic outlook at the Jackson Hole Annual Meeting
Support level 2515 2510 2500
Resistance level 2525 2535 2550
Will gold prices continue to be short?There is definitely an opportunity to short the gold price. But you need to wait.
My current view is to continue buying. Then wait for the right opportunity to sell. Then make a good short trade.
I have made good profits continuously. I share it in real time every day. If you don’t know how to trade yet. Want to recover losses or expand profits. Remember to leave me a message.
Analysis of gold trend on August 16If you only make orders based on data and don’t understand the market logic behind it, your transactions will always be slower than before.
From the 4-hour chart, gold has also reached the middle Bollinger Band and the downward trend is more obvious. Referring to international information, the support power of gold in the later period is obviously insufficient. The US dollar seems to be rising strongly. Gold is currently in high volatility.
Personal Operation Analysis
2440 Buy 2455 Take Profit Stop Loss 2435
2463 Short selling 2450 Take profit Stop loss 2470
8.15 Gold Trend AnalysisThe newly released industrial unemployment claims and retail sales did not meet expectations, which led to a significant negative impact on gold. Gold fell from 2469 to 2450 in an instant. This also happened to apply the short-selling stop-profit signal I sent in the group to be set at 2450.
In the data released in the past two days, gold has been mainly shorted, which also happened to be in line with the predictions of me and my team
In the future, I will also release the latest news every day. I hope everyone will pay more attention to the comments
I wish everyone can make their own profits in the market
If you have order losses and are not familiar with the market, please pay attention to me
8.15 Can the gold trend reach a new high?My personal outlook for gold in the future is that the price is expected to rise to a new high. The US dollar and earnings will continue to fall
But there may be deviations in the short term! You can also consider shorting at high levels!
With the positive CPI data released yesterday, gold should have created a new high, but it quickly fell back, causing gold to fall by 1.5%. This also allowed us to quickly seize the opportunity for short-term trading and quickly exit with profits!
I personally suspect that the situation last night was that big investors were using data to ship goods. They sold heavily when traders entered the market yesterday, causing gold to fall rapidly!
As for the data released tonight, retail sales, industrial production, and the number of people applying for unemployment benefits in August are important data for whether gold can stand on a new high, which will be a new trading opportunity!
If it is weaker than expected, the US dollar will continue to fall, while gold will rise all the way
At the same time, we will also make preparations for both situations
Analysis of gold market trend on August 15 (Thursday)From a long-term perspective, there is a lot of room for gold to rise!
Yesterday's CPI data was lower than expected. Gold was slightly bullish but plummeted 1% from a peak of 2476 to 2437 and closed at 2447.
In early trading today, gold fluctuated within a narrow range, with slight signs of recovery compared to yesterday. It is currently fluctuating at 2453.
In addition, there are several factors that you must consider!
1 Political situation in the Middle East: Tensions between Iran and Israel may have eased recently, and conflicts between Ukraine and Russia may further intensify.
2 The U.S. interest rate cut in September is a certainty, whether it will be 25% or 50%
The motivation for gold’s rise today on the daily chart is a bit lacking
Support level 2448 2438 2420
Resistance level 2460 2467 2480
7 Dimension 1:8 RR Sell Idea for GOLD Core Analysis Method
Smart Money Concepts
😇 7 Dimension Analysis
Time Frame: 15 min
1: Swing Structure: Bearish with CHOCH after taking inducement. The impulsive swing move is finished and now moving towards the decisional OB as a pullback, about to mitigate the decisional POI OB at the initial point of the premier zone. We will take a sell entry using the classic SMC entry model. After the breakout, this is also a CIP area.
2: Pattern
🟢 CHART PATTERNS
Reversal: V-shape pattern indicating possible reversal from here and a rectangle pattern is also observed.
Shakeout.
🟢 CANDLE PATTERNS
Not any significant candle pattern observed except for a tower top.
3: Volume
🟢 A big difference is seen during the impulsive move and the correction move in terms of volume. No buy-side volume indicates another sharp sell move is expected.
4: Momentum RSI
🟢 Fully intact in the bearish zone, taking resistance at the 60 level, indicating another range shift. This impulsive move ended as loud moves, which is a very strong signal for a sell. Also, a Grandfather-Father-Son entry with H4 as GF.
5: Volatility Bollinger Bands
🟢 Very tight contraction just started, indicating a strong squeeze breakout and walking on the band. A headfake also took place right at the upper band, and a BB W pattern is observed.
6: Strength ADX
Right now, totally sideways.
7: Rating: ⭐⭐⭐ 50% Probity (because of the decisional OB entry)
✔️ Entry Time Frame: 15M
✅ Entry TF Structure: Bearish CHOCH
☑️ POI: Decisional OB
💡 Decision: Sell limit
🚀 Entry: 2419
✋ Stop loss: 2429.5
🎯 Take profit: 23.4
😊 Risk to reward Ratio: 1:8
🕛 Expected Duration: 1 day
SUMMARY: The analysis indicates a sell position based on Smart Money Concepts methodology, with structure, patterns, volume, momentum, volatility, strength, and sentiment all pointing towards a bearish move.
8.13 Gold Analysis,Get ready for gold to reach an all-time high and break through 2500
On Monday, gold rose by $40 to a historic high of 2477 points due to tensions in the Middle East, and then fluctuated sideways to 2460
If Iran launches a large-scale military attack on Israel, the price of gold will also rise
This week, the release of US CPI data will be a key event in the market. If CPI is lower than expected, the historical high of gold at 2500 will be just around the corner
Before the arrival of CPI on Wednesday, gold may fluctuate sideways and will be adjusted downward
So everyone should be cautious when entering the market
Resistance level 2468 2477 2490 2500
Support level 2455 2445 2410 2400
What do you think of the trend of gold? Welcome everyone to like and comment
#XAUUSD/H4 GOLD had good trading on the second dayAsia-Europe session analysis on 12/08/2024:
Gold forms a double bottom at 238x and experienced a rebound last week. Currently, gold is rising in the short term; however, technically, gold is expected to correct deeply in the near future.
The main trading trend for today is BUY. Key price levels to watch: 2400-2405; 2407-2411 and 2455-2460. Resistance zone at 2433-2437 is unlikely to be today’s peak. Attention should be given to the 2455-2460 zone for a potential long-term sell order.
Recommended Orders:
Plan 1: BUY XAUUSD zone 2407-2411
SL 2405
TP 2414 - 2430 - 2455.
Plan 2: BUY XAUUSD zone 2403-2405
SL 2399
TP 2410 - 2430 - 2437 - 2455.
Plan 3: SELL XAUUSD zone 2457-2460
SL 2463
TP 2450 - 2437 - 2400 - open.
Gold prices will once again fall to a new bottomGold prices are about to hit a new low, if you are buying you need to delay
The position of 2370-2365 as a buying point can make some profits. As I said before, the pressure on the short-term upside is too great. Today in New York time, gold prices failed to rise several times. The first attempt was to break through 2398. The second attempt was to break through 2403. Both were suppressed by the short trend. And there is no more news to push the gold price to continue to rise. So the operation is still mainly short-selling. If the price reaches my expected position, you can make a super short-term rebound. TVC:GOLD COMEX:GC1! FOREXCOM:XAUUSD
Short first and then buy. This is the next trading plan.The gold price in the London market did not break through the 2317 position.
It just maintained fluctuations for several hours. The operating space is very small, but going long is still profitable.
The New York market is about to open. See if the gold price will pull back to around 2400 points.
If it is, you can start buying. Maintain the position around 2400. Aggressive players can rely on the position above 2410 to sell and get some small profits first.
The reasonable buying point is around 2400-2404. When the shorting reaches the expected level, the position can be closed. Then wait for the opportunity to buy.
FOREXCOM:XAUUSD COMEX:GC1! TVC:GOLD OANDA:XAUUSD
Can gold fall below 2400 next week? Why will gold suffer a sharpYesterday Friday, for yesterday, we must be how to operate how to make money, the morning 2450 wave is not to talk about, although then short meet stop losses, but I have said in the blog that 2467 can enter, this wave, before the data must be able to stabilize the victory, and non-agricultural gold since 2455 rose 2477, I also said, Not optimistic about gold break 2500, on the contrary is optimistic about 2480-2486 do not break batch short top, and I also said, any upside break, can hang reverse empty single defense, that is to say, yesterday's high, we can hang 2458-2448-2438 reverse empty single sit and wait for profit, especially yesterday gold also broke 2420 as scheduled, This point, although not as I expected to further impact 2400, but the difference is not big, after all, since the non-agricultural large profit, gold as scheduled to crash, this point, I can only hope that you did not do more, after all yesterday's market, do more is dead, but I believe that as long as you have read my blog carefully, will not be stupid to enter, if there is, Then all I can say is you deserve it. I will not say much, directly to next week's market analysis, you can read the following reference to understand.
-- Gold Friday market review --
Friday, the morning, gold opened 2446 line, open up 2447 line ushered in a shock fall near 2443, after a long and short saw-and-see encounter broke 2450, but the highest to 2452 line ushered in a halt reversal, gold is therefore directly hit the disc flash collapse of 2440, the lowest fell to near 2435 to usher in a stop, And then, gold is also ushered in a rapid climb to break down, has risen to 2459 line to usher in a stop, but good times are not long, gold fell back a wave of 2451 after ushered in a further break, near the eve of the European plate, gold is also the highest to a wave of 2468 line to usher in a stop. During the European session, the gold shock fell back a wave of 2459 to stop, long and short is therefore Mired in the 2465-2459 range of oscillations, until the eve of the United States, gold was further lower a wave near 2456. The United States market, non-agricultural hand in hand with the unemployment rate two-way announcement, gold is therefore directly from 2455 ushered in a surge to break 2460-2470, the highest to 2477 line to usher in a wave of stop flash collapse near 2455, and then rebound again after 2473 line ushered in a short outbreak, Gold is therefore below 2450-2440-2430-2420, the lowest fell to around 2411 to usher in a stop rally, and after recovering a wave of 2438, gold is also lower again a wave of 2423, and then further rose 2442, and finally, gold is therefore closed near 2441.
-- Can gold fall below 2,400 next week? Why will gold suffer a sharp fall in non-agricultural profits? -
So for Friday, presumably you are also very surprised, within the day, gold opened up 2452 crash fell 2435 stop, then in the white market performance caution, gold not only did not fall into the shock saw, but broke through to 2468 line, and non-agricultural, gold is directly from 2455 up 2477, At this point, presumably yesterday's bullish market retail friends have also increased, after all, as far as I estimate, yesterday's nearly 70% of people think that non-agricultural will be bearish, but these people also believe that once non-agricultural profits, then gold to break 2500, as for the remaining 30% of people, of which 20% are directly bullish, bullish gold broke 2500, Maybe only 10% of people with me in the bear, and the fact is to prove that the truth is in the hands of a few people, this point, just hope that you yesterday's bullish friends are still safely built in is, but it is estimated that yesterday's day gold rose, especially after non-agricultural profits, whether there is no chasing more, are extremely excited, In particular, after 2477 was blocked and 2455 stopped, gold gave the market a reason to chase more gold, after all, the United States labor downturn, excessive growth in unemployment, but also stable the possibility of interest rate cuts in September, this, do not blame you, after all, the information spread by the market is too obvious, in this case, let alone the market retail investors, even many analysts are easy to be misled by the market. So it's not that you can't do it, it's just the market. However, this also verifies one point, that is, your understanding of the market is not deep enough, especially in the face of this kind of news that informs the market in advance, your consideration is too single, if you have measures to deal with accidents, there is no possibility of major losses, this, you also need to introspect.
So for Friday, non-farm gains, why will gold suffer a reversal of the plunge? In fact, if you have carefully read my blog on Friday, you can understand, not to mention that I did not say in detail, after all, I was writing all night, long articles have been detailed analysis of the data, and also made a judgment on the fluctuations after the data, if this is that the analysis is not accurate, I have no words. So on Friday, I made it clear that regardless of whether non-farm profits are large or not, gold will encounter a sharp fall, but that if non-farm and unemployment rate are both bearish, it will increase the space and strength of gold's decline. For no other reason, the current data and news are affected by the progress of interest rate cuts, if it is said that the Federal Reserve interest rate minutes after the release of non-agricultural data, then the market may take into account the possibility of radical stimulus to the Federal Reserve to cut interest rates, in this case, gold may suffer a surge on the break, but the fact is that the fastest rate cut will not fall until September, and now, No matter how strong the market expectations are, even if the rate cut in September has been nailed, there is still a month's buffer period from now, you say, how can this rise? A month in a row? Is that possible? And I said that gold is now too high, and once the interest rate cut falls, it also means that the market will be used to interest rate cuts, in this case, the impact of interest rate cuts on gold will gradually be reduced, because the market itself is now higher, including the Fed's efforts to cut interest rates and digest in advance, for example, You are looking forward to a certain kind of food or food, but after experiencing it once, the amazing feeling of treating things or food will also disappear, what's more, this interest rate cut is consistent, that is, you would like to eat this cake, but you can not carry it every day, so the current situation, if there is no accident, we will officially usher in a historic peak. And soon, we will usher in the possibility of the short return to 2000 or even lower, at most half a year, this, you can look forward to it.
So, on Friday, after suffering a sharp fall, why did gold stop at 2410 and close above 2440? Or, for next week, can gold bulls usher in further outbreaks? In fact, I still remain bearish, first of all, gold closed higher on Friday, in fact, more than the market is betting on the geopolitical risk may break out, leading to the emergence of early digestion of this information, in this case, even if the outbreak of geopolitical risk in the weekend, will not stimulate the possibility of excessive gold Monday, after all, the market has digested in advance. This is also the precautionary layout of the market. Moreover, for the moment, the US dollar has stopped falling, and the US dollar is also facing the possibility of stopping and recovering. After all, although the US labor market performance is sluggish and other factors have affected the strong performance of the US economy, the US dollar's performance is still relatively strong in the current international market, and in the case of the US dollar at a low level, it will also hope to pour in buying. That helped the dollar and hurt gold. Then secondly, that is, gold is currently too high, especially after the non-agricultural profits suffered a crash, in this case, the market buying will also begin to doubt life, thus hitting the buying heat, and after this wave of sharp falls, the market also understands the current situation of gold, in this case, gold is currently double top shape, any rebound, It will also relatively stimulate the influx of market selling, this point, for next week, only if there is no geopolitical risk to further stimulate the outbreak, gold must be able to fall below the 2400 mark, and this wave of break, short or will point to 2330 or even 2300, after all, the market believes that interest rate cuts will be more, It also leads to gold in the process of falling will attract the favor of the market, which also provides institutions with more opportunities to wash, in this regard, for next week, next week, I will think that the reverse collapse of gold will break one after another, of course, it is not that there is no bottom-diving opportunity, but for this opportunity, more may appear in the 2280-2260 area. Of course, this is only my guess, specific, you need to adapt to the line.
So for next week's operation, relatively simple, on Monday, if there is a low open, then you will be concerned about 2430 can directly fall below, do not break the short line to wait for a rebound near 2440 directly open short positions, of course, due to the market is not calm, do not rule out gold will further break 2440 higher possible, this, You continue to hold 2444-2450 do not break batch short. If there is a high open, then you are concerned about whether 2450 can be broken to stabilize higher, if the broken level is stabilized, directly hang a wave of 2450 under the anti-reverse short order and then wait for 2460-2466 region to be short in batches. If the market performance is calm, gold opens near 2440, directly open short positions in 2440, such as the rebound continues in 2450 not to break short, and for the below, you can hang 2430-2420 below the break short single defensive pursuit, you focus on 2405-2400 near support not to break again to consider the short term. Do not pay attention to the 2410 low mark, for the current market inertia, gold really want to fall, 2410 will definitely encounter virtual break, you are concerned about 2400 gains and losses, but note that 2400 can be chased after the break, but need to hang a wave of 2400 above the reverse multiple single to defend, after all, there is a wash in the market, coupled with the stimulation of geopolitical risk, Do not rule out the possibility of gold sudden reversal pull up, this, you remember to pay attention to. Of course, the analysis is only analysis, the specific operational details, I will be updated on Monday, you remember to strictly follow my requirements to control the position and stop loss basis.