GOLD: Return of the Bears!Gold Price Forecround 2,000$, eyes on US Core PCE Price Indexast: XAU/USD bull-bear tug-of-extends a
On Friday morning, the price of gold is stagnant and hasn't been able to stay above 2000$ due to the recent increase in the value of the US dollar. The focus now shifts to the US Federal Reserve's Core Personal Consumption Expenditures (PCE) - Price Index, which is their preferred measure of inflation, to determine the future direction of the gold price.
Plan trade in the intro
Goldpreis
GOLD SELLHello, according to my analysis of the gold market. There is a high possibility of a price drop. with a downward channel. There is also an engulfing candle on the daily frame. There is a strong entry for sellers . 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
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.
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.
Experience of zero loss n gold trading and comprehensive victoryBecause of the banking crisis and the issue of the U.S. debt ceiling, which raised concerns about the recession, gold bulls began to move again, and gold rebounded to near the 2010 position in the short-term during the day.From the perspective of the recent gold trend structure, gold has stopped falling at the 1970 position many times and rebounded with the help of this position. Then the technical rebound test pressure is a high probability behavior; however, the technical pressure above is concentrated at the 2006 position of the densely traded area. If the 2006 position area cannot be effectively broken through, then gold will stage a surge and fall at any time.
In addition, it should be noted that while gold is repeatedly tested to fall, it cannot effectively break the position. We cannot stubbornly watch the decline continue. The rebound is also part of the short-term rhythm, and it can also bring us a lot of short-term profits. We should not abandon this part of the profit.In addition, gold washes back and forth in the space of 30 US dollars from time to time, so we must grasp the rhythm of trading in the process of trading, otherwise it is easy to be swept back and forth.
In trading today, the trading signals I announced on the channel for shorting gold around 1999-2000 and 2006 all reached the take-profit target of 1995. The trading signals in the last two weeks have achieved a comprehensive victory, and the 0 loss is enough for us to reap satisfactory profits.At present, gold is trading near 1985. At this position, we must first observe the continuation of the situation. For the time being, do not directly short or long gold. If there is a good trading opportunity, I will announce it on the channel as soon as possible. Please pay attention to the trading signals in the channel.
Profitable gold trading signals
We have made a profit of more than 300% for 3 consecutive weeks, and we have a target of 200% this week. We plan to complete it tomorrow!Finding me is tantamount to finding a treasure!
In the previous update, I have clearly shared today's trading strategy. If you follow my signals to trade, you must be profitable.
I will continue to share new trading signals during US market hours. If you can't grasp the timing of trading, you can follow me!
The price of gold was short at 2000 in the morning and fell to 1
Entered the market at 2000 in the early trading, and the big Yin line directly reached the 1990 line, realizing the harvest of empty orders, which is also a good start. Now counting money and leaving the market
At the same time, in the first line of 1999, empty orders entered the market, all harvested, and it was another day of counting money, believe me, it was harvesting
The gold four-hour line 2010 line is an obvious double top. At the same time, 2000 is also a strong resistance. It can’t be crossed in the early trading. The K line is always underpowered. The K line continues to be pressed on the floor.
Operating strategy: Gold 2000 empty, stop loss 2008, target 1981
Hello traders, if you have better ideas and suggestions, welcome to leave a message below, I will be very happy
GOLD SELLHi, according to my analysis of the gold market. There is a high probability of a downside breakout as the uptrend is broken. And re-test it. While also being a very powerful model, the double botton. But the biggest confirmation is the engulfing candle that formed on the daily time frame a few days ago .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
Start today and complete 300% of our revenue target for the weekGold is currently in a revised market after a sharp drop. It is currently trading near 1981, but the overall rhythm is still in a short trend. At present, gold is running in a small area. Don't directly chase short or rise in trading.
1.Below, first pay attention to the support near 1970, and if you effectively break below the 1970 support, you will see the bears continue to the 1950 position.
2.Above, first pay attention to the 1988-1992 resistance area, and further pay attention to the 2000-2004 resistance area.
Gold may experience false breakthroughs at the integer threshold. At this time, we must pay attention to the signals released by the K-line to identify the true or false market breakthroughs.In this way, the accuracy of trading signals can be ensured.
In addition, in the last week of trading, we achieved a record of consecutive wins and zero losses. Starting from today, our revenue target for this week is 300%. Remember to pay attention to and follow the detailed trading signals in the channel. I am also very happy to make more profits with you.In addition, 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's a friend who has a trading order quilt, or a friend who has recently lost money in a row, I have the real strength to help you solve the quilt, or satisfy your desire to make money. Welcome everyone to visit the channel!
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
Profitable Gold Trading Signals
We have made a profit of more than 300% for two consecutive weeks, and we have completed the target profit of 500% this week. We plan to make a minimum profit of 60% tomorrow. If you are still losing money or don't know how to trade, then you should follow me!
Gold is currently in a critical position. 2015-2018 is the dividing line between short-term long and short-term. If it can be broken through, it may rise to near the previous high of 2048. If it cannot be broken through, it will continue to fall.
The resistance levels that are important to pay attention to now are 2007, 2013-2015-2018, and the lower support is 1993-1987.
If you can't grasp the trading opportunity well, you are welcome to come to me, and I will provide you with the most detailed and reliable trading signals.
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
GOLD SELLHello traders, the gold market is in a negative state. According to my analysis of the gold market, the market has broken the double bottom pattern. It also broke the uptrend. There is more decline in the coming days. 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 BUYWelcome . According to my analysis of the gold market, there is a high possibility of a rise today. With a re-test of the descending triangle pattern. And a strong correction on the golden ratio of Fibonacci 61%. This correction also came on a bullish flag trand. 2020 levels can be seen. And level 2030 in the second stage .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 BUYHi, the gold market is in a very positive state. with the channel ascending upwards. And the strong correction of this wave on the golden ratio of Fibonacci 61%. Also, a very positive green candle formed on the H4 chart, and this candle came in a very strong support area, from which gold bounced previously .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
Will gold continue to fall?Where is gold going to fall?Yesterday, gold continued to fall as scheduled, and the recovery of the dollar index also helped gold bears release momentum. Judging from the current daily K-line pattern and technical indicators will continue to release the pressure of the previous top divergence, there will be a possibility of a continued pullback in gold in the short term.Judging from the structural behavior of yesterday's continuous decline and weak rebound, gold has not yet shown a signal to completely stop the decline.
Judging from the current gold trend, the intraday trend is still biased towards the correction trend after the decline, and there is still an expectation of continued decline after the correction.In addition, in the recent trend of gold, the Asian market has maintained its recovery and the European and American markets have fallen, so there are still bearish expectations after the recovery of gold.
In the short term: pay attention to the resistance of 2010 above, and observe the defense of 1980 below.
I will share specific transactions and operations in real time on my channel based on intraday details.In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
4/17 Gold trading signal: Sell
We have made a profit of more than 300% for two consecutive weeks!
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 gold long signal given on Thursday was successfully profitable, and the short signal on Friday was also very good. Caught this wave of the market!If you are trading following my signal, then congratulations, you have discovered the treasure!
Today's trading focuses on the resistance of 2008, 2016, and 2028, and supports 1987. Around these points, we will go short at the high and long at the low to trade!In the case of breaking the position, follow the trend again. If you are not sure, welcome to me!
4/14 Gold trading signal: Short selling
In the Gold 1h chart, the resistance is located near 2042, and the support is near 2036, 2025, and 2013. If the European market cannot break through the resistance, the gold price will probably go down and the support will be backtested. Therefore, today's trading is mainly short-selling at high levels, focusing on the support near 2025 and the resistance near 2042-2044 above.
GOLD: Nice entry point for buyers!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 ❤️
According to the forecast, the real yields are expected to remain negative in the second quarter of 2023, which will have a positive impact on the gold price. Although the gold price showed a strong increase in the first quarter, it is likely to rise at a slower pace in the second quarter. The estimated price for Q2 is approximately HKEX:2 ,080. No information has been omitted while paraphrasing the original text.
Note: Full TP, SL for winning the market and safe trading!
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
Will gold still rise to a high of 2070?At present, gold is higher for the third consecutive trading day. Because yesterday's US CPI data well supported the expectation that the Fed's interest rate hike cycle may be nearing its end, the decline in US Treasury yields and the weakening of the US dollar have supported gold prices. Although gold prices have been supported to rise, intraday technical signals indicate that gold prices are approaching the previous high, the upward momentum has slowed.
Gold is currently in a pattern of high volatility and rightward movement at the daily line level. This is a typical time-for-space pattern, and the long-term pattern in the general direction of gold has not changed.However, for the short-term level, the top of gold is under certain pressure, and in addition to the impact of news and data, the recent rebound in gold prices is not extremely strong, so there is still a demand for volatility in the short-term. Once the momentum is completed, it will be a new round of large long-term market start.
In summary, gold as a whole still maintains a bullish pattern, but there is still a demand for volatility in the short term.Therefore, in terms of operation, long positions at low levels are mainly used, supplemented by short positions at high levels.