XAUUSD:5/9 Today Gold Trading StrategyDuring the Asian market on Tuesday, spot gold maintained a slight decline during the day, and then fluctuated within a narrow range, now around 1936. Yesterday, the price of gold continued to fall back under pressure after rising high. It rebounded slightly during the Asian and European trading periods, and then accelerated to rise but fell back due to the resistance of the 1946 line. The U.S. market experienced a continuous decline and continued to decline below the 1939 mark, the morning's rising point, and finally closed around 1936.
Gold's cross K-line was basically flat yesterday, and the second test of highs fell slightly. The overall space is not big. It is not so much a fall, but a horizontal correction. The daily chart has closed the cross K-line for three consecutive trading days, which is the end of the rebound. It remains to be seen whether it will turn back down or continue to rise after a partial correction. At present, the bullish trend remains unchanged and gold’s performance remains strong. Therefore, we cannot easily say that it is time to place short orders at high positions. Our resolutely bearish signal has yet to appear. Therefore, gold is likely to continue to fluctuate at high levels this week, either waiting for bulls to continue rising or waiting for bulls and bears to turn around and get out of a downward trend. This week's gold trend is not expected to be obvious until after Wednesday, so everyone needs to wait patiently. Regarding the shock at the beginning of the week, we need to pay close attention to the market changes on the day, so in terms of operation, we can just follow the trend and operate within the range.
Gold operating strategy:
SELL:1945-1947
SL:1952
TP1:1941
TP2:1938
Goldpreis
GOLD ( XAUUSD ) Long Term Trading IdeaHello Traders
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GOLD:Trading strategy
Gold has been falling today because of the higher dollar index, but gold has now reached an important support area, so there is a demand for gold to rebound.
So, we can try to buy at this point
Short-term fast trading
Gold:buy1930-1932 TP:1938-1943 SL:1923
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Gold is short 44-47, patiently waiting for the retracement
It’s another trading day after another week. This week we have experienced a roller coaster. Some are happy and some are sad.
Gold rebounded again yesterday and once again set a new high in the near future, reaching around 48. In the short term, It also continues to maintain its consolidation above 40, but the performance during the day is flat and there is no intention to advance. This may be related to Friday’s non-farm payrolls. Generally speaking, this week, although there has been a breakthrough, the volatility is not large, so this week The non-farm payrolls of 5 are what we are looking forward to, and should once again make a new unilateral trend. At present, gold continues to maintain a small fluctuation. It is no longer recommended to enter the market in the short term, while the upper pressure remains around 48. , at the same time, today is also the last trading day of this month, and the monthly line will also close. According to the current form, the monthly line will also close at the negative line form of the lower lead, and the daily line will continue to rise, and the support below will also A series of barriers have been formed. First, the first support will be maintained at the 35 line, and the second support will be maintained at the 25 line. In the short term, we are still relatively short on gold. If it reverses around 46-47, we will continue to short, and the target Looking at 35-25, the loss is 52.5.
GOLD UPDATE 45 MIN In the previous analysis that was published, it was mentioned that the path for upward movement had become smoother. However, with the price being at the upper boundary of the ascending channel, we were looking for entry points at lower areas for buying, but the price experienced buying pressure and broke the channel from above.
We are still looking for lower areas to buy, even if it doesn't match our desired price.
I would appreciate hearing your opinion.
goldxauusd
gold
The possibility of gold falling to the price level of $1,600 is very likely due to the contractionary policies of the Federal Reserve and the continued increase in interest rates to the level of number 6. This week's PMI statistics also showed the continuation of the inflation trend, which predicts the strength of the dollar in the next month.
Today's gold forecast range from 1917 to 1930On Monday, the gold 1923 empty order was placed, and it rushed all the way to the 1926 line in the evening. After the empty order entered the market, it fell back to the 1917 position in the early morning, giving the opportunity to leave the market. The overall volatility in the Asian market is not large, and the Asian-European market has remained in a situation of small fluctuations, which is somewhat related to this week's non-agricultural situation. It was not until the U.S. market that it exerted its strength, and this wave of gains successfully broke the bearish trend and brought the bulls back on track. Judging from the breakthrough of the 1923 position last night, it is enough to prove how strong this wave of upward momentum is. Although under pressure, it fell back to the 1917 position in 1926. But it closed firmly above 1920. Although this trend is all pointing to the bulls, we can't make blind choices. We still operate according to the previous operation method of selling high and buying low.
Back to the topic, there is little continuation of long and short gold at present, and the breakthrough of the resistance above 1930 has become an obstacle to the continuation of the bulls. To be conservative, it is better to sell high and buy low.
Do long gold in the 1920-1917 range today. It mainly depends on the breakthrough at the 1933 position in the evening. If it does not break through, you can enter the market and open short near it. The target is below 1923.
Trading strategies for today’s US non-farm payrolls dataGold layout analysis: The white market fluctuations on Friday are still sideways, and there is not much room for operation. We continue to wait and see. Focus on the non-farm payrolls announced in the afternoon. According to the results released in the past, the value of the non-farm payrolls announcement in the evening is expected to be greater than the forecast value, thus increasing the probability of negative news. Due to the excessive fluctuations in the early stage, after the evening data is released, the market should continue the trend from Wednesday to Thursday and continue to fluctuate and fall. Of course, this is just my analysis, and we still have to wait for the non-agricultural data to be released before we can confirm it. Therefore, we cannot be too aggressive in pursuing long orders in today's operation. Instead, make plans based on market trends.
Back to the topic: At present, the trend of gold has encountered obstacles and has fallen back. We can’t go long blindly, and there will be non-agricultural data released in the evening, so we still mainly sell high and buy low
Let’s look at 1936-1933 below first today. When you reach this range, look for a low point to enter the market and go long, SL1927 position. The target is above 1945.
If the European and American market rises to the 1950-1952 position, you can participate in short orders. SL1958 position, the target looks at the 1943 position below.
XAUUSD: 28/8 Trading Strategy TodayThis week focuses on non-agricultural data. After the hawkish stance of the Federal Reserve Chairman last week, focus on whether the employment data can demonstrate the resilience of the US economy and provide support for further interest rate hikes. In addition, focus on the speeches of several Fed officials and the announcement of the European Central Bank’s monetary policy in July meeting minutes. At the market-focused Jackson Hole meeting, Fed Chairman Jerome Powell said real interest rates were positive, well above most neutral expectations. He also pointed out that the Fed will carefully decide whether to raise interest rates again, will maintain a restrictive monetary policy stance until inflation continues to slow, and if appropriate, the Fed is ready to raise interest rates further.
Gold rebounded in the mid-yang line last week and closed higher, and the weekly line turned positive for the first time after four consecutive negative rebounds. The weekly line maintained a high level of volatility and saw-saw, recovering the previous week’s decline and holding the 1900 mark. Last Friday, the daily line rebounded with a dip and did not change much.
The daily chart is in a rebound correction. At the end of last week, it stepped back twice and still held above the 1900 mark. It is difficult to say that the daily line will continue unilaterally for the time being. In the short term, there may be see-saw shocks, and the duration will be longer. The strength of the US dollar is not strong, and although it is bullish, it is also a shock-like presentation.
After the rapid decline in the 4-hour chart, there was a recovery rebound in the late trading. The Dayin K-line did not close down, and the short-term shocks remained, and the previous low of 1884 was not lost. For the time being, there is no room for continuation of the downward trend. Some short-term shocks may occur. The duration will be longer, and there will be no strong unilateral market for the time being. The Bollinger Road began to tighten slightly, and once again oscillated on the middle track. The K-line pattern is in the process of rebounding, but the spatial continuity is still a problem. It may be accompanied by repeated market fluctuations, and the see-saw movement of one up and one down. In the see-saw and volatile market, the grasp of the entry point is even more tested. In terms of operation, combined with the flexible response to the morphological changes of the hourly chart, and switching back and forth between long and short, the key lies in the entry of points, but the main thing is to focus on long positions.
Gold operation strategy:
SELL:1919-1923
TP1:1916
TP2:1911
BUY:1907-1911
TP1:1914
TP2:1918
Gold 25-24 to do more, retrace and continue to do more
What matters is not effort, but direction. The pressure is not that someone works harder than you, but that people who are several times stronger than us still work harder than us. Even if you can't see the future, even if you can't see the hope, you still believe that you can't make mistakes, you can't make mistakes with the person you choose, and you can't make mistakes in the life you choose. What wakes us up the next day is not an alarm clock, in fact, it is a dream!
Gold, broke through the U.S. market in the day, and currently the highest hit around 34. On the other hand, the white market fluctuated slightly, but it still couldn’t get rid of the fate of being washed. The early retracement of the U.S. market was also unexpected. Fortunately, we see After all, the idea of buying more will remain unchanged. After reaching around 14, it will rise rapidly. In the short term, we still need to continue to do more in the market. Now that we have broken through the 20 line, the pressure on the top will also remain at the previous high point near the 50 line. However, the probability of touching this position is not high. Once it continues to touch this position, it is very likely to form a breakthrough again. As for this wave of reversal, I personally think that the high point should be maintained at around 45. If this position is touched again later If it is nearby, it is still an ideal point for us to continue shorting in the later period. No matter what the trend in the later period is, we still need to continue to try to short and wait for this position. At present, gold continues to maintain above 30. It is too early to continue shorting at this position, so be patient Wait for the retracement to continue to do more around 25-24, the target is around 35-45, and the loss is 19. At the same time, the short-term moving average support effect of the daily line is obvious, and we will continue to see more in the short term.
Gold 19-20 short, short-term pressure bearish
Gold, this Friday once again showed the shape of bottoming out and rebounding. After hitting the lowest line of 03, it began to reverse, and closed around 14, forming a negative cross star with a long lower lead. The daily line did not continue, and it was under pressure at the position of the mid-term moving average , On the contrary, it fulfilled the rapid fall of the bears, and the fall on Friday is also likely to be the second test of the bears. With the poor continuity of the bulls, we are still not optimistic about the continued upward movement of gold in the later period. A bear is under pressure, and the current pressure on gold is maintained at the 20-line. This position will continue to serve as the watershed between long and short positions and the position of key pressure points in the later stage. If we continue to stand firm at this position for a long time, we will still prefer to Bulls, on the contrary, if the counter-drawing is under pressure and retreats on Monday, we can temporarily announce that the short-term long-term counter-drawing will come to an end, and the support below will remain around 1900. If gold rebounds first on Monday, see 19-20 Continue to short in the vicinity, the target is around 05-00, and the loss is 25.5. If the performance of the European market is strong and there is no intention of retracement, the position needs to be adjusted before the US market!
GOLD: Short-term gold price range!Gold Price stays well beyond the short-term key support of around $1,897 comprising the Fibonacci 38.2% on one-week.
Also putting a strong floor under the XAU/USD price is the convergence of the 5-DMA and previous monthly low, around $1,905.
It’s worth noting that, Fibonacci 161.8% on one-day and 61.8% on one-week joins Pivot Point one-day S2 to add strength to the $1,905 support.
GOLD 2nd Push (August End Move)As lastly the GOLD pair fly from the bottom & it test back the down area a little last week.
My prediction is about GOLD to fly into 1930s area to complete its BULLISH move with respective to its pressure from the investors.
The main reason behind this technical bull is its testing as we see it has rejected to go further down from 1900 which means it will keep its bull to above resistance levels.
I hope you have understand the GOLD next week moves.
Gold 19-20 short; The oscillation correction moves down
Gold, yesterday's big white line rose during the day, as of the afternoon the highest touched around 22, but this action we still can not completely think of as a reversal of bulls, after all, in the field of long and short, the first condition for judging whether it is a reversal is not a single day of yin or yang, are continuous and breakthrough effects, and the current gold European market falls, then the probability of the U.S. market continuing to strengthen is not large, after all, continue to retrace to the position below 20, then this position is also an important pressure outlet position in the evening, And the key support below will also be maintained at the integer off the 1900 line position, this range may have a certain time point on the oscillation, and the evening trend is also more critical, if strong, then continue to follow the later right, on the contrary, the later period is still reviewed in the falling channel, then the evening gold such as the counter-draw around 19-20 continue to short, the target is around 05-00, stop loss 26.5, as follows after breaking 10 can consider continuing to hold, and the weekly system continues to be under pressure, then the short-term point or try to bearish
GOLD: Long term future direction!The US Dollar Index (DXY) is experiencing a rebound and is currently trading at 104.10, strengthening the Greenback against the six primary currencies. The rise in the value of the US Dollar (USD) can be attributed to moderate employment data in the United States, which has created a sense of caution among investors as they seek further indicators regarding inflation expectations.
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!
GOLD: Which model will appear?Gold price struggles to capitalize on the previous day's positive move and oscillates in a narrow trading range below the 1,900 mark during the Asian session on Tuesday. The XAU/USD, for now, seems to have stalled its recent decline witnessed over the past four weeks or so, to the lowest level since March 2023, around the 1,885 region touched last Thursday as traders keenly await more cues about the Federal Reserve's (Fed) policy outlook.
XAUUSD: 17/8 Today's Trading StrategyIn early Asian trading on Thursday, the U.S. dollar index continued to rise, hitting a more than one-month high of 103.59 at one point. In the early morning, after the minutes of the Federal Reserve meeting showed that most policymakers continued to put the fight against inflation first, spot gold extended its intraday decline, falling below the previous low of 1893, the lowest since March this year, and finally closed down 0.49% at 1892.33
This trading day focuses on the number of initial jobless claims in the United States for the week ending August 12, and the number of continuing jobless claims in the United States for the week ending August 5. Gold fluctuated at a low level yesterday. Although it rebounded, it still failed to break through 5 The daily line pressure, the tone of the Federal Reserve meeting minutes in the early morning was relatively hawkish, causing gold to fall below 1900 again, and the low fell to around 1890, and the daily line closed again.
The 4-hour chart relies on the middle rail as the resistance point for a unilateral weak decline. This week, it basically sorts out the pressure at the middle rail and then falls to the lower rail. At present, a bardo line is close to 1893 but has not bottomed out Afterwards, it rebounded, but closed at a low level. Today is expected to continue the downward trend. At that time, it will close below 1893 and the form will effectively fall below. The 4-hour chart is still bearish; the 1-hour chart is running in a downward channel with shocks, and the daily gold short-term operation idea is on. Jiesse suggested that the rebound should be short-selling, supplemented by stepping back to the low position and doing long.
Gold operation strategy:
SELL:1899-1902
TP1:1895
TP2:1890
BUY: 1883-1885
TP1:1889
TP2:1893
Go long gold and continue to make profitsToday's profits are relatively good, and both gold and crude oil have achieved good gains in transactions. Moreover, although the gold long orders we currently hold have not reached the expected profit target, they still have good returns.
Today, gold fell back to around 1890 after rebounding from 1904. Many people may think that gold is still in a bearish trend and cannot rebound. I don't think so, I think gold is changing the trend right now. Because after the continuous negative decline, gold closed a positive K line yesterday on the basis of stopping the decline and stood on the short-term moving average, which is a signal of reversal momentum.
Therefore, it is definitely not possible to short gold near the 1890 position. After all, a triple bottom has been formed near the 1885 position in a short period of time, which limits the downside of gold and is also fully prepared to support the rise of gold,so this is also the reason why I tend to be long gold at present. If there is no accident today, the positive K-line will still be closed. In addition, the gold long positions in our hands can still be held with confidence. Even if we do not reach the profit target of 1902 today, we will surely reach our profit target tomorrow.
There is no fluke in the market, we need more time to look for opportunities and be good at seizing them. And I spend a lot of time every day researching the market and profiting from it. Similarly, I also make more detailed trading plans and trading signals based on the market every day. The article has a certain lag. In order to grasp the market dynamics and trading plan in time, you can follow the bottom of the article to master the wealth code and create your own wealth!
Gold 85-84 to do more; short-term try to do more
Gold, after the opening of the day, first retreated at the 84 line, and continued to compete around 90, but in the U.S. market, it unexpectedly rose above the 98 position and then began to retreat, and continued to touch around 85, forming a three-bottom pattern , and in terms of the weak form in the near future, this action does not perfectly explain the signs of the bulls' rebound, but when the market continues sideways and there is no sign of breaking the position, we can continue to consider whether the reversal of gold is coming, At present, the daily line continues to be under pressure on the negative line, and the short-term moving average has also achieved the effect of short resonance. The multi-hour line has a perfect downward channel. According to the simplest operation idea, just let nature take its course and follow the market, but the intraday surge , In terms of the support effect achieved below, we can still consider trying to release a certain amount of energy from the bulls, while the first target above is maintained at the 1900 integer level. Once this position is broken, there will be a continuation in the later period At present, we can go long on gold around 85-84, the target is around 95-00, and the stop loss is 79. If we break the 80 line as follows, we can consider shorting.
XAUUSD Top-down analysis 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.