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.
Goldpreis
Gold short-term correction
Gold since yesterday's bottom rebound is currently in the high sideways oscillation, yesterday's decline in the process we can clearly see that the bulls continue to increase positions resulting in a wave of rebound, at present we have obvious signs of shipment during the high sideways shock, indicating that the market will have a wave of downward adjustment action, short-term below we focus on the support around 1955-1950, very likely to rebound below the support level, short-term we can first short, to the lower support level and then look for opportunities to go long
Gold Trading Strategies:
gold:sell@1965-1968 tp1955-1950
gold:buy@1950-1947 tp1960-1965
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 - 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.
Monday gold analysis
The new week has begun, gold is affected by the non-farm data, gold fell smoothly, gold in the short term correction has been completed, pay attention to the correction of the continued decline on the line, support up a Fibonacci, support to see below 1944, resistance to see above 1950-1955, at present, gold short trend is obvious, I will choose to short gold at a high level, avoid gold's rebound adjustment, reduce trading risks
Personal Trading Strategy:
gold:sell@1950-1955 tp1943-1940
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
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 trading recommendations today
The current price of gold is directly short in 1980, and it is short today.
Anything is possible this Friday. The market is to break everyone's cognition and benefit a small number of people.
The neckline was tested yesterday, the support was effective, and it rebounded strongly. Now the price of gold has once again come to a new pressure level, which is the suppression of the price of gold by the middle rail of the daily line.
From the perspective of the daily cycle, there is an M-head structure here. When gold falls below the neckline, it pulls back to the neckline again, and then starts a new plunge mode, falling below the previous low, and the market is like this.
Use the structure to make orders, and focus on analyzing the market on whether the mid-range of the daily line can be broken through? Instead of analyzing what structure in advance. I judge that it is the top structure now, and then use technology to judge that the middle track of the daily line can suppress the price of gold, then use the inverted pyramid method to increase positions to make a big profit.
Trading straregy:
gold: sell@1980 tp1:1970 tp2:1965
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 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 is under negative pressureHello traders. According to my analysis of the gold market, it is still in a negative state. down channel. With broken area in yellow as shown in the analysis. In case the price returns to test this area. And the downtrend area, we will witness a violent decline towards 1900. Good luck to 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
XAUUSD:Trading advice for the day
News of the debt deal in Washington comes as markets are quiet in the United States and parts of Europe, including Britain, during the holidays. The agreement still needs to be passed by Congress before it can be implemented. The US rate hike cycle may not end as soon as hoped, as there are signs of a strong economy, which have supported and will continue to support the dollar. Gold prices hovered near lows on Monday as the U.S. debt ceiling deal eased investor concerns while the possibility of a rate hike by the Federal Reserve dampened demand for gold. On May 30, the key data to pay attention to, the US Chamber of Commerce Consumer Confidence Index for May, the key data will be released from Thursday!
Monday's intraday test of 1948 was followed by a wave of declines that broke through the support of the previous low of 1936, and as long as the last downward high of 1958 was not broken, the short-term estimate is closer to 1900
Today gold has been hovering around 1930-1945, the market is still waiting for news, at this time we can choose to go short at the high and support long.
Trading advice for the day
gold:sell@1945-1942 tp:1935-1925
Accurately grasp every trading signal, help friends who trust me, and realize freedom of wealth
Gold continued to fall below the bottom, bottoming out to see 19
In gold, it continued to fall, and the price broke the bottom again and closed at the lowest point. This means that as long as the European market cannot go out extremely weak, there is no chance to break the bottom again today.
The position considered above continued to fall yesterday night at the 1953-54 line. And this point coincides with the 618 level where yesterday's decline was.
Thus, evening buy@1945-44, tp1 1951-52. tp21957-60 Because the price rebounded to this point, the probability of breaking the bottom is not large, and the component of the shock closing recovery is high.
Some wealth is planned, rather than always thinking about windfalls. Follow me, follow the right people, and work hard to reap the profits that belong to you.
Gold trading analysis today
Gold is suppressed by the triple top of the weekly monthly line, basically there is no rebound strength, each rebound is ushering in a faster decline, the 1-hour downward trend line also continues to suppress gold upward, the moving average dead cross arrangement, the opening continues to open, the bearish trend continues to be obvious
Trading strategy
gold:sell@1940-1943 tp1934-1932
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!
1925 or 1955? What will happen on Tuesday?The markets are busy today, and the US Dollar is losing value as investors anticipate a positive response to news of a US debt agreement.
The market is confident that Congress will approve the agreement on Wednesday, which is reflected in the performance of U.S. Treasuries and stock futures.
Gold prices are currently at a two-month low of $1,937, and there is a risk that they could decline further if investors continue to move towards riskier assets.
While the US Dollar's value is expected to remain relatively stable due to the Fed's upward bets and the recent positive economic data, there may be some fluctuations in the near future.
Anyhow, I still believe in another rally before the price returns to $1925.
And my rally target this time will be around 1955$ - 1960$
Let's wait for the running strategy.
Gold trading recommendations today
The current decline of gold remains unchanged, and the rebound is still a short-selling opportunity! The pressure in 1957 above is obvious!
The current gold is in a downward trend. Shorting is the only strategy at present. The thinking is clear. The remaining execution points rely on key pressures, and we should deal with them immediately!
From the perspective of the 4-hour level, gold fluctuates and fluctuates, and after each shock, it will break a new low! Mainly operate at high altitudes, relying on the suppression of the downward trend line, and the upper horizontal pressure of 1957 to dry up, continue to look at new lows!
Trading straregy:
Trading strategy for next week:
gold: sell@1957 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!
GOLD: The influence of USDUS Dollar eases from recent peaks near 104.40
If the Federal Reserve meeting were to take place today, it is likely that the interest rates would remain unchanged due to the current uncertainty surrounding banks. However, the markets can change significantly within a week. If the upcoming weekend remains peaceful with no urgent need to rescue any banks, there is a high likelihood of a 25 basis points increase in the rates. The Federal Reserve continues to hike rates until it hits a roadblock. In case that obstacle is only Silicon Valley Bank (SVB), the persistently high inflation rates may lead to further hikes. This, in turn, would strengthen the US Dollar and eventually result in a decline in stocks once the initial relief rally wears off due to a lack of new bank failures.
Gold trading advice for next week
Gold has been short recently, although there is a rebound in the gold process, but in the end it is still constantly making new lows, and each rebound is to give a better opportunity to short.
Recently, it should also make everyone feel the charm of the trend, for the bears, each rebound is an opportunity to dry short, for the bulls, probably every time there is a rebound, it feels like a reversal, but just when the bulls are proud, gold turns down again, continues to make new lows, this is a clear bearish trend
Trading strategy for next week:
gold: sell@1958 tp1:1940 tp2:1935
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 - Long from discount zone ✅Hello traders!
‼️ This is my perspective on XAUUSD.
Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs from discount zone. I expect price to continue the retracement to fill the imbalances lower and then to reject from bullish order block.
Fundamental analysis: Next week on Friday we have news on USD, will be released monthly NFP and Unemployment Rate. Pay attention to the results in order to validate the analysis.
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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
The gold cycle turned negative and fell, and the reverse pumping
In terms of gold, it went down cyclically, which is the single positive and three negative on the daily side, and then turned negative again, opening a new round of decline, and yesterday morning, we also highlighted the decline on the daily line.
This is the support area of the bulls that we calculate according to the amplitude ratio, in other words, after the price falls below 1950, a relative support level will be formed, also called the margin of safety of the bulls, because from last year's rising range, each upside and downside adjustment is the same.
So, when the price falls below the margin of safety, it means that a new long point is coming, and this is the bullish support point that we need to consider this week.
For yesterday's market, there are two technical points:
First, because Monday is a strong rise, the daily sun is big, but the overall trend is bearish, so we look at the direction in this weak market, especially bearish, that is, to suppress the intraday market below the previous day's high as a guide.
Yesterday was a typical price in the European market did not break high, and then the US market looked down, which is also one of the key technical points we highlighted yesterday.
Second, it can also be based on the European market to break the bottom, the US market first upward counter-pump, on the one hand, 5-8 o'clock weakened, the hour line presents a single yin and yang, then in this process, the US market as long as the counter-draw, the second time can be laid out.
Of course, the high is the watershed of the loss level for the bulls. Below is the 618 position 1970 line, the most important thing is that the price in the US market did not go extremely weak, but continued to fall in the early morning.
This makes today's market go in a very weak pattern, the morning retracement is extremely weak, and it is a break through the bottom of the hourly line and a big fall, so according to the current rhythm. As long as the counter-draw, it is still necessary to carry out a secondary short, the low point is 1955-57, but it is not suitable for long, the top of the small line long black candle is in 1968-69, according to the current price, if you want to rebound, you have to have a larger counter-draw.
So the degree may not be very large, the focus is still on the European market, sell 1971-70, TP: 1953-51
If the previous low is broken within the day, then the rally is still short. The rhythm of the daily line is a cycle, that is, the daily line is overcast.
Therefore, no matter how to reverse the draw, it can only be empty, and can no longer be bottomed. And considering the price of the bottom, it must be what we call the daily cycle range, after the game midline position Cardo.
Some wealth is planned, rather than always thinking about windfalls. Follow me, follow the right people, and work hard to reap the profits that belong to you.