GOLD: The trend is highly likely to drop to 190x with CPIGold price is replicating the moves seen in the first half of Wednesday on the United States (US) Consumer Price Index (CPI) day. The United States Dollar (USD) buyers take a breather, awaiting the critical US inflation data for a fresh directional impetus.
Goldpreis
GOLD CPI Prediction ( Positive/neutral effects of CPI )As we are on SELL from couple of weeks & the GOLD has hit its support area. Looking ahead to further bearish pressure seems not coming so our remarks on CPI is neutral & no high move out of trend GOLD will have.
Technically the GOLD is at its support & pull back to resistance is going to happen, we can expect fall from the resistance.
Gold short-term is still shortwww.tradingview.com
Gold, the bears made another effort yesterday and broke through the previous support line 20. This action also fully demonstrated the short-term short-term downward demand. The daily line continued to close at the negative line, and the moving average system was suppressed. This is a relatively obvious short-selling signal. Then in the short term, we still need to maintain a short-term thinking to operate, and the first target below is maintained around 1905-1900. Once it reaches this range, there is likely to be a wave of small corrections. But the strength should not be strong, and the current pressure on gold is to maintain the top-to-bottom conversion position. At the same time, yesterday's anti-drawing high around 1927 can also be used as a key reference position for the day. The range of retracement should not be very large, because if the range is too large, it is likely to lose the motivation to continue to fall. In the short term, we still wait for the shorts to retrace and continue to short sell:1922-1924 TP:1910-1905
GOLD:Trading strategy
Gold is still running under the bearish trend.
Gold broke its low yesterday, but it will not continue to fall easily today.
Because gold is waiting for news from the United States tomorrow, gold should fluctuate in the range today.
Gold trading advice today:
Gold:buy1918-1922 TP:1928-1932
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GOLD: DXY and CPI data!The Dollar Index (DXY) and US Yields helped keep Gold on the backfoot yesterday with Dollar strength continuing this morning. The US Dollar appears to be benefitting from a risk-off tone this morning following lackluster data from China as well as Moody’s downgrading a host of small to medium sized US Banks.
GOLD:Trading strategy
Gold 1928 is a key position, and it is very likely that there will be a bottom-up market.
Judging from the indicators, the downward momentum of MACD on the 1-hour chart began to weaken, and the golden fork of the 4-hour and 30-minute fast and slow lines, coupled with the oversold RSI indicator, all indicate that the market may experience a second rebound at any timeTrend.
Gold trading advice today:
Gold:buy1930-1935 TP:1942-1948
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GOLD NFP Effect will be Bearish?For all the fast weeks we were strictly on sell & assuming that it was the final bearish move but wait a minute as it did not ended yet. Today we have a NFP with a -1k forecast whereas my expectation of 200k Result on NFP which is highly positive. As based on my calculations on NFP i am believing a +ve NFP & in order to talk about its effect on GOLD then i can say the BEARISH IMPULSIVE move in GOLD today which will lead us back to lower as well as stronger support area.
Our targeted area is approx 1917 which looks strong & might gold pullback a little from there.
This is my view on NFP & about GOLD weakness.
GOLD Bull Rally face High Pressure from Bearish (ADP NFP Effect)I will explain in a common way as in the early morning we have seen a gap in the markets of BULLs getting in but the pressure from bearish is still so high that the bulls can't keep their rally going on.
Today we have a ADP non-farm payroll in which the given forecast is 16k & our expectations for the actual report in 300 - 400k approx which is highly effective.
In order to get a sharp entry we will let market react to the resistance area so that from 1960 we can get into sell for higher profit.
The areas as target will be given in my VIP.
GOLD/XAUUSD short Bounces in Bearish TrendThis pattern is technically analysed with the elite wave pattern in order to find the next possible sequence of the market. More importantly the GOLD is dependent on news & reports now so this week events/news will make it fall as my prediction, so keep an eye on news to gain the profit.
Analysis of gold trading next week
Last week, all the free signals provided to you are all profitable, if you have followed my team signals, you can also follow me to easily get profits, last brother trading day last week, gold rose to adjust to around 1960 oscillation, at the same time, gold's daily and weekly support levels are around 1945, tomorrow is also the last trading day of the month, first look at the strength of pressure around 1968, next week there are many important data releases, may continue this kind of large-level range shock, Here are two trading strategies for reference
Gold Trading Strategies:
xauusd:sell@1970-1975 tp1960-1955
xauusd:buy@1940-1945 tp1955-1960
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GOLD BUYHello, according to my analysis of the gold market. There is a great buying opportunity. With gold breaking the head and shoulders model. We also notice that the price is trying to break the strong resistance at the level of 1933. The downtrend is as shown in the image. good luck for everbody .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 Trading Idea major level markedVery important points, a short retest from 1962 to 1948 major level. 1948-1950 is buying zone If market give you the predications, rejections candle and confirmations candle then put buy from 1950 to 1948 with proper 50 pips stop loss and take profit will be up to 1962.
If gold breaks the 1948 zone, then trend change and the structure of the market will be changed, and we will wait for the confirmation candles on H1, M30 to put a buy trade, but as per the behavior of the markets, the 1980–1983 zone is a strong Resistance zone, and markets have already tested and given respect to the level. Now wait for the sell confirmations.
Gold trading idea based on supply and demand zone, follow proper setup keep eyes on fundamentals, this is short term trade set up on H4.
XAUUSD: 26/7 Gold Trading StrategyGold analysis: The strategy of 1965 short selling on Tuesday found an entry position at a nearby point, successfully made a profit, and the lowest fell to the 1952 line. Fans and friends who watched the strategy also entered the market around 1953-54. Earn a little profit. Judging from the trend of gold on Jinri, it fell first and then rose, and my old prediction is that the strength of the rise is not strong, and it has not broken through the 1970 position for a long time. After the U.S. market, gold has basically stabilized and oscillated repeatedly. The short-term resistance still focuses on the 1967 position. Only by breaking through and standing above 1970 can the bullish situation be reopened, otherwise it will still be dominated by shocks. Today is also the focus on the Fed's interest rate decision in the early morning, and the Asian-European market is expected to tend to fluctuate and slowly rise. Today is expected to be a trend of rising first and then falling. Just follow the old style at will, and sell high and buy low in the short term.
Back to the topic, under the current trend of gold, it has not yet broken through the range-bound shock trend, so in terms of operation, no matter whether we are long or short, we can treat the market trend as a range shock, sell high and buy low.
Today's trading strategy:
SELL: 1970~1973
TP1:1965
TP2:1960
BUY: 1955~1952
TP1: 1960
TP2: 1965
Time to sell gold again
Under the influence of non-agricultural data and cpi news. Gold continues to rise. At present, it has risen to the pressure position of the 1963 line. After two days of volatile market conditions. Right now I personally think the time to sell is right. Thus a sell order of thirty lots is traded. Stand firm and wait to land.
GOLD reaction to ECD & BOJAs Yesterday (Wednesday) the FED Increase the interest rate by .25 & nothing happened to gold.
Well ECB on Thursday and BOJ on Friday are the final one to react the market & the ECB is expected to rise interest rate by .25 percent too.
Gold may struggle in such a scenario as markets upgrade the probability of one more hike this year. If the FED continures in bringing positive options & the positive ecnonimic data from US then the gold will fall impulsively.
My positions are still of selling from the resistance area.
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.
Gold before the interest rate decision
I have analyzed many times before, gold will not have much volatility in the first three days of this week, it turns out that my analysis is correct, gold continues to fluctuate between 1950-1970, for this kind of market, trading is actually very simple, buy around 1950, or sell in 1968, if you trade more aggressively, you can also trade in advance, here you need to pay attention, short-term transactions do not be greedy, get profits can close the transaction, and then wait for the next trading opportunity
Gold Trading Strategies:
XAUUSD:SELL@1968-1973 TP1960-1955
XAUUSD:buy@1945-1950 TP1958-1963
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FED decision's impact on GOLDToday(Wednesday) the FED Interest rate decision will be announced
Today (Wednesday) the Markerts expexted Increase in Interest rate by FED upto 0.25%
Gold prices experienced a rise on Wednesday as investors turned to the safe-haven asset ahead of the anticipated rate hike by the U.S. Federal Reserve laterin the day. With markets widely expecting the Fed to increase rates by 25 basis points, concerns about inflation have intensified, prompting investors to seek the stability and security offered by gold.
Analysts suggest that the Fed's decision to raise rates may indicatein the day. The market consensus is that the Fed will raise rates by 25 basis points. This increase in interest rates is seen as a sign that the central bank believes inflation is under control. As a result, some investors are turning to gold as a hedge against any potential economic turbulence.
Additionally, analysts suggest that the Fed may leave the door open for one more rate hike in either September or November. This uncertainty has further fueled demand for gold, as investors seek to protect their portfolios from any potential market volatility.
The rise in gold prices was also supported by a slight weakening in the U.S. dollar and a decline in yields, which had reached two-week highs. Both of these factors make gold more attractive to investors.
Overall, the increase in gold prices can be attributed to the belief that the fight to tame inflation may be nearing its endgame. Investors are turning to gold as a safe-haven asset amidst the potential for economic uncertainty and market turbulence.
My Trading View: i am keeping on Sell from the weeks & finally today a high posibility of Sell. My position are from 1970s area till the 1938 level.
Gold retest. A good buying opportunityHello, according to my analysis of the gold market, there is a good opportunity to buy. The market broke the downtrend. We also notice an ascending channel. A very positive green candle has formed on the 4-hour chart, confirming the strong entry of the buyers. All these factors confirm that gold is only for buying. Good luck to everyone