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GOLD - Bullish BreakoutGOLD has recently broken the RANGE it has been in for the last couple of weeks. As you can see via the labels on the chart, GOLD initially produced multiple REJECTIONS from the RESISTANCE. Eventually, the RESISTANCE was BROKEN, changing from high volume resistance bounces to low volume RANGING. WE were in this RANGE for a couple of weeks, where I believe that GOLD was accumulating, ready to perform a BIG VOLUME move. This has now come to fruition as the RANGE has been broken BULLISH, where it's begun to produce HIGH VOLUME candles. I will be watching to see where it creates a rejection zone as GOLD is currently trading at ALL TIME HIGHS.
TVC:GOLDLong
by I3ig_Trades
9.14 Gold Short-term Analysis StrategyThe daily and 4-hour lines closed with big positives, overlooking the 2530 line that was tested many times in the early stage. Therefore, only by following the trend under the bullish trend can there be greater profit space. The price relies on the MA moving average to go up, and the trend is very clear that the bulls have an advantage. On the one hand, it is a bullish trend. On the other hand, whether it is the hourly line or the 4-hour line, the strength of the retracement and the coordination of time after continuous pull-up, the gold price retreated to around 2545 in the early morning, and then the hourly line continued to attack the 2560 line. In other words, it is still constantly refreshing the historical high in the early morning, and there is no room for correction. The shape is relatively strong. There is no room for even retracement, which shows that the bulls are full of momentum, and there is still room for continued rise today. Today's operation plan: In the bullish pattern, what position should be used to plan for long positions? The market with oscillating components uses the low point of the retracement correction as support to rebound again. Today's ideas are similar to those of yesterday, and need to be combined with time. The lower support is near 2549, which is the upper track of the previous upward channel. After breaking through, it is bullish. The upper resistance is near 2580,2588.
TVC:GOLD
by David_strategy
“The gold price is going up”In the US, the Producer Price Index (PPI) experienced a slight slowdown in August. Weekly unemployment benefit claims rose by 2,000, reaching 230,000. Following this data release, the decline in the dollar deepened. Meanwhile, the yield on 10-year US Treasury bonds fell to 3.62%. As a result, gold prices tested the 2570 resistance level. From a technical perspective, if prices remain consistently above the 2570 resistance level, an increase to 2600 and then to 2650 could occur. On the downside, if the price falls below the 2570 support level, a pullback could extend to 2535 and then to 2482.
OANDA:XAUUSD
by primequotes
GOLD Trend-pullback Buy Off S&RI had a really good entry for this GOLD buy, but unfortunately, I decided to move my stop loss too soon after seeing the sell reaction from the top of the range (Previous High). If I had not moved my stops, the price would have reached my target, even though I exited with almost half of the profits on this trade. Price has made new all-time highs, which was expected, but I was skeptical of holding on because we had quite a few impactful news that would have affected USD strength and hence GOLD strength.
OANDA:XAUUSDLong
by vinkulavi
9.13 Gold Short-term AnalysisGold prices rose more than 1% on Thursday, hitting a record high of $2,559.98 per ounce and closing at $2,558.54 per ounce, driven by expectations of a rate cut by the Federal Reserve next week, after data showed a slowdown in the U.S. economy. In addition, the European Central Bank's rate cut also reduces the opportunity cost of holding gold, and geopolitical concerns continue to provide safe-haven buying support for gold prices. Considering the possibility of profit-taking on Friday, we will patiently pay attention to the strength of profit-taking in gold today. Market expectations have increased that the Federal Reserve will cut interest rates by 25 basis points at its September 17-18 meeting. The probability of a 25 basis point cut is 73%, and the probability of a 50 basis point cut is 27%. This expectation has driven gold's rise because the low interest rate environment makes gold more attractive as a non-yielding asset. The European Central Bank announced another rate cut on Thursday, lowering the deposit rate to 3.50%. This decision is closely related to the background of weak economic growth and slowing inflation in the eurozone. The ECB's rate cut reduces the opportunity cost of holding gold, further enhancing its attractiveness. In addition to economic data, geopolitical tensions also have an important impact on gold prices. Russian President Vladimir Putin said on Wednesday that Moscow may restrict exports of uranium, titanium and nickel in retaliation against Western countries. The statement has raised market concerns about the global supply chain, further boosting safe-haven demand for gold.
TVC:GOLD
by David_strategy
1
XAUUSD | Short from Resistance or NEW All Time High ? Everyone's favourite precious metal has been in a near month long range zone for the last few weeks following a surge to the all time high level of $2,532 and a range low of $2,471 in where gold has been stuck in consolidation even with Non Farm Payroll which failed to break this strong range zone. Most recently we have seen a large bullish surge in momentum that has driven gold from $2,484 to the now resistance topside of the range at $2,536 where it is likely to see another fractal pivot bring price back into the range however that being said with todays upcoming USD releases for the CPI + Inflation Rate traders are anticipating if this could be the day we break the topside and push for another all time high which could be likely but as always is a 50/50 gamble on such red flag events. Price action wise I will be aiming for the short range from $2,515 - $2,502 with a continuation of the range likely for the next 2 weeks, but as per any high impact news day I will be looking closely at the market structure and volume during these events whilst utilising correct risk management and preferable being out of my trades before and seeing where suitable entries lie following such events. What are your thoughts ? Let me know in the comments below :)
BLACKBULL:XAUUSDShort
by OfficialKieranTrewick
9.13Technical Analysis of Gold Short-term OperationsLast night, inflation data fell beyond expectations, while the core inflation monthly rate rebounded slightly to 0.3%. Gold plummeted to around $2,500 after the $2,529 data in the Asia-Europe session. This week's market, as long as you follow it after seeing it, you will basically be slapped in the face. On Monday, I saw the decline from $2,500 to $2,485 before I rebounded and went short. Then on Tuesday, I saw the decline from 2,507 to 2,500 in the early trading and rebounded and went short. On Wednesday, I saw the Asia-Europe session continue to rise to $2,529 and started to sing a new high. All of these were "counter-killed". Yesterday, I clearly said that we must prevent fake falls and the sudden counterattack of shorts. Not only will the August CPI be announced, but the price will be close to $2,530. There is no need to do any callback here. Unless it is a rapid plunge, the cost performance is too poor. From the non-agricultural data to now, both long and short positions have been accurately stepped on, without exception. The non-agricultural data clearly stated that no matter whether the data is good or bad, the rise is an illusion, and the fall is the purpose. On Monday, the market opened directly at 2500 US dollars and shorted. After the decline, it stopped chasing shorts. After the decline, it fell to 2485 US dollars and rebounded to break through 2500. It decisively went long at 2500-01 and left the market at 2515. On Wednesday, the price was near 2505 and emphasized that it was also 2520 to go long at 2500 first. Yesterday, it was directly short at 2523, without considering chasing long near the historical high, and arranged long after the plunge. Today, I think a large number of people have begun to stand on the side of the shorts, which is just the opposite of yesterday. The plunge in gold prices from 2530 to 2500 after the CPI data and the current rebound are in line with the logic of shorts. However, I think if it is a continuation of the short position, there will not be such a large rebound. The continuous rebound of 2500, the higher the price seems to be, the greater the probability of digging a pit, especially the rebound from 2510 in the morning as support. Unless it returns to below this position, I will not short today. Soon, gold will go unilaterally. It has closed the cross K line for three consecutive weeks. The daily BOLL closed at a high level. Now it is waiting for a suitable opportunity to directly break the range, and I am optimistic about the upward breakthrough. The bulls will soon challenge $2,600 this time. At present, the gold price is constantly rising from the lows of $2472, $2485, and $2500. The first rebound target is $2522-23, followed by $2528-30, and then $2538-40. The recent market should be prepared to get on the bus and wait for the market to start at any time. Today, gold uses $2,500 as the dividing point and $2,510 as the support area. Go long after the pullback, that is, change from yesterday's short thinking to low long. The rebound after the plunge is too big. This rebound is often not an opportunity to go short, but a slow rise to force shorts.
TVC:GOLD
by David_strategy
1
9.12 Technical Analysis of Gold Short-term OperationsIn the 4-hour period, the stochastic indicator is a dead cross downward, which is a bearish signal; however, the BOLL interval is obvious, forming an interval that has never been broken; in addition, the support bands of 2500-2490-2480-2470 have not all fallen through; 2: In the daily K, the stochastic indicator is in a state of blunt top divergence; bearish signal; the indicator is in a state of bluntness at a high level, waiting for stimulation; in terms of form, the market is resistant to falling, sideways, and since the high break, it is the second wave of rising break; it is expected that there will be a third wave of BOLL upward break upward trend later; Comprehensive Get up: In terms of thinking, priority is given to the trend thinking; in terms of support, the middle axis support position is near 2495, the lower axis track support is near 2445; the transition support position is near 2470; sideways support, then consider sideways; sideways support position is near 2508 and 2490 in the small range; War risk aversion is still continuing; therefore, short positions cannot be arranged at present; in terms of form, 2530 is not the peak high point of the form, so it is not recommended to arrange; breakout is handled according to the breakout of 2530/32 Today's focus: the number of initial jobless claims in the United States as of the week of September 7 (10,000 people)
TVC:GOLDLong
by David_strategy
2
Gold Analysis September 12Fundamental Analysis Gold prices rose on an overnight rebound from the psychological $2,500 mark and gained some positive momentum on Thursday. Growing acceptance that the Federal Reserve (Fed) will begin its policy easing cycle and lower borrowing costs next week turned out to be a major factor acting as a boost for the non-yielding yellow metal. That said, bearish bets on a larger Fed rate cut at the end of the September 17-18 policy meeting have pushed the US Dollar (USD) closer to its monthly peak and should limit gains for the commodity. In addition, a generally positive tone around the equity markets is likely to undermine traditional safe-haven assets and deter traders from placing aggressive bullish bets around Gold prices. Furthermore, the recent range-bound price action and repeated failures to find acceptance above the $2,530-2,532 zone or the all-time high reached in August, make it prudent to wait for strong follow-through buying before positioning for further gains. Traders are now looking forward to the US Producer Price Index (PPI) for fresh impetus. Technical Analysis Gold prices pushed up to 2521 in the late Asian session and as the European session began, prices are being pushed back down. The area of ​​interest is the 2512 zone as prices failed to break through until mid-European session, then BUYing back up to 2528 before the US. Breaking 2528 holds until the 2555.xx peak. In the opposite direction when the 2512 zone is broken, wait for retest to sell to 2500 and 2595. In case gold does not push to 12 but flies away, sell again in the 2528-2530 zone. SELL 2543 - 2545 Stoploss 2549 BUY 2503 - 2501. Stoploss 2498 BUY 2496 - 2494. Stoploss 249
OANDA:XAUUSD
by TVS-Trader
Gold, what is next, up or down, does anyone know?)After my last post on GOLD the price nearly hit my target at the all-time high (ATH), but now we're in a tricky situation: 1. We’ve got equal lows (EQL) and equal highs (EQH) forming on GOLD. 2. The price grabbed liquidity from the previous week's high (PWH), then nuked and closed below both the daily open and weekly open (WO) levels. 3. On the lower timeframes (5-15m), we've got market structure shifts (MS) and break of structure (BOS). Given all these factors, I see three possible scenarios—two bearish and one bullish—all depending on how Monday and Tuesday’s price action (PA) plays out: 1. **Most likely**: A pump to the 15m order block (OB) in the golden pocket before moving downward toward the EQL. 2. **Bearish scenario**: The price drops from the market open straight down to EQL without testing any higher zones. 3. **Bullish scenario**: The price surges higher, closes above the 15m OB, and continues pushing toward the ATH. Once either EQL or EQH is hit, we’ll need to watch for a reaction. Follow me if you don’t want to miss more insights like this!
CAPITALCOM:GOLDShort
by Almenio
2
Analysis of 9.12 Gold Short-term Operation StrategySpot gold is currently trading around $25,118.46/oz, with a narrow range of fluctuations on Thursday (September 12). Gold prices rose and fell on Wednesday, supported by safe-haven buying. Gold prices rose to around $2,529 earlier in the session on Wednesday, approaching historical highs, but after the U.S. CPI data, gold prices gave up gains and fell to around the 2,500 mark, closing at $2,511.33/oz, as U.S. inflation data prompted investors to scale back expectations for the Fed's super-large rate cut next week, and the U.S. dollar and Treasury yields strengthened. First: Data, wash; before large data, gold prices have no external stimulation and it is difficult to form range fluctuations; what is large data, such as the mid-month interest rate meeting, such as the U.S. election in October, such as the Middle East war, the risk aversion of the Russian-Ukrainian war; therefore, these small data, like "ants shaking a big tree", are difficult to change the trend of the market; but they will form a wash trend; Second: On the market, the overall market is consolidating in the large range of 2470-2530; and it is controlled by bulls; this is the core; after several weeks of trend, the market is resistant to decline and it is difficult to form a sharp drop; without the emergence of strong negative fundamentals, it is not enough to change this high-range consolidation and high-range resistance to decline trend; In terms of data, small data are mainly for washing; on the market, it is high-range consolidation and high-range oscillation; understand this, at least it will not be very wrong; grasp the market trend, it will be relatively easy to do Detailed intraday operation strategy: Gold rebounds to 2522 short, defend 2530, target 2510-2500 Gold falls back to 2480 to go long, defend 2472, target 2490-2500
TVC:GOLD
by David_strategy
9.12 Gold Short-term AnalysisGold has been going up and down, but it still hasn't broken through the historical high. Gold is under pressure from the historical high resistance, so short at high, if it breaks through, follow up and go long, gold rebounds first under pressure Gold's 4-hour moving average is still dead cross short arrangement, gold's 4-hour high point long structure, gold rebound high pressure historical high resistance, so continue to short, gold rebounded 2525 in the morning, continue to short, if it breaks through the new high, follow up and go long, the market is looking at the present, the market is also looking at what kind of operation is corresponding, gold has not broken through the new high in one fell swoop, the high point is reasonable, so it is reasonable to continue to short at high Today's focus: The main refinancing interest of the European Central Bank in the euro zone to September 12 The number of initial jobless claims in the United States for the week ending September 7 The annual rate of the US PPI in August The monthly rate of the US PPI in August
TVC:GOLDShort
by David_strategy
1
Analysis of 9.11 Gold Short-term Operation StrategyGold fell as expected and we entered the market to short sell 4 times, earning a total of 24,000U When gold rebounded, we insisted that the high position would not break the historical high, so we would short sell. Gold was directly shorted at 2523, and the gold article also directly publicly suggested shorting at 2525. Gold fell sharply as expected and continued to build a top structure at a high level. It continued to short sell when it rebounded. Gold did not break through the new high many times in 4 hours, and there were multiple top structures at high levels. It can be seen that gold has heavy resistance at high levels and may fall back under pressure at any time. Gold rebounded in the US market and continued to short sell. Going against the trend, if you don’t advance, you will retreat. Gold has risen and fallen many times, and there is nothing special. It should be difficult for gold to directly set a new high in a short time. Gold rebounds and short sells. US trading operation ideas: Gold 2515 short, stop loss 2525, target 2505--2500
TVC:GOLDShort
by David_strategy
2
Analysis of 9.11 Gold Short-term Operation StrategyOn Tuesday, the US dollar index fluctuated above the 101 mark and finally closed up 0.03% at 101.67. US Treasury yields continued to fall, with the benchmark 10-year Treasury yield closing at 3.650%; the two-year Treasury yield, which is more sensitive to monetary policy, finally closed at 3.607%. The Dow Jones Industrial Average closed down 0.23%, the S&P 500 rose 0.45%, and the Nasdaq rose 0.84%. Major European stock indices closed down across the board, with the German DAX30 index closing down 0.96%; the British FTSE 100 index closed down 0.78%; and the European Stoxx 50 index closed down 0.66%. Risk Warning on Wednesday ☆At 14:00, the UK will release the monthly GDP rate for the three months of July, the monthly rate of manufacturing output in July, the seasonally adjusted commodity trade account in July, and the monthly rate of industrial output in July; ☆At 20:30 Beijing time, the United States will release the August CPI data. The market expects its annual rate to fall from the previous value of 2.9% to 2.6%, and the monthly rate will remain unchanged at 0.2%; in terms of core CPI, the market expects the annual rate to be 3.2% and the monthly rate to be 0.2%, both consistent with the previous value; ☆At 22:30, the United States will release the EIA crude oil inventory for the week ending September 6, and the market expects an increase of 764,000 barrels of crude oil; ☆At 1:00 the next day, the United States will hold a 10-year Treasury auction until September 11. The US CPI in August will rise by 0.2% month-on-month and 2.6% year-on-year, lower than 2.9% in July. If confirmed, this data is likely to strengthen market expectations that the Fed will cut interest rates by 25 basis points at its September 17-18 meeting. The probability of a 25 basis point rate cut by the Fed at next week's meeting is 67%, and the probability of a 50 basis point rate cut is 33%. Although market expectations for rate cuts are divided, overall, investors generally believe that the Fed will make at least one super-large rate cut this year. Traders in the U.S. interest rate options market are still betting that the Fed will make at least one super-large rate cut this year, although it may not be before the presidential election on November 5. Recent options activity related to the secured overnight financing rate shows that traders are increasingly positioning for a 150 basis point rate cut by the Fed before the January 29 policy decision. Geopolitical factors have also had an important impact on the gold market. Recently, Ukraine launched drone attacks on several regions of Russia, and the Russian Federal Investigative Committee has initiated a criminal case. The escalation of this situation may lead to increased market concerns about the global economy, thereby driving demand for safe-haven assets such as gold. In addition, tensions between Israel and Hamas continue to develop. Israel proposed that Hamas leader Yahya Sinwar leave Gaza safely in exchange for the organization releasing hostages. This change in the situation may have an impact on the stability of the Middle East, thereby causing fluctuations in global market sentiment. Gold prices continued to rise on Tuesday, rising for two consecutive trading days. Currently, U.S. Treasury yields continue to weaken, hitting a 15-month low, providing momentum for gold prices to rise; the geopolitical situation remains tense, which also attracts safe-haven buying to support gold prices. Today's short-term focus is on the support area of ​​the 1-hour rising trend line below, and go long on gold after the correction stabilizes. At the same time, investors need to pay close attention to the impact of the upcoming CPI data on the trend of gold.
TVC:GOLD
by David_strategy
Analysis of 9.11 Gold Short-term Operation StrategyCPI is coming, gold will break today In the early Asian session on Wednesday (September 11), spot gold fluctuated in a narrow range and is currently trading around $2517.96/ounce, maintaining overnight gains. Gold prices continued to rise on Tuesday, closing at $2516.53/ounce, up about 0.42%, rising for two consecutive trading days. U.S. Treasury yields continued to weaken, hitting a 15-month low, providing momentum for gold prices to rise; the geopolitical situation remains tense, which also attracts safe-haven buying to support gold prices. At present, market participants are preparing for the release of U.S. inflation data to find further clues to the extent of the Fed's interest rate cut next week. Gold is still within the range we talked about yesterday. Short-term indicators are basically flat. In the short term, there is still no significant change. It is expected that the evening CPI data will be needed to break the range. The current range has been compressed to run in the small range of 2500-2520, and the space is getting smaller and smaller. In fact, the smaller the space fluctuation, the closer the time to open the situation later. From the 4-hour chart, the gold price is in a high-level box oscillation. I prefer a downward breakthrough in the general direction. At present, gold has reached the top of the mountain. Going long is equivalent to chasing at the top of the mountain. The profit and risk are not proportional. Focus on the support position of 2500-2498 during the day. Yesterday, the lowest retracement reached 2499, so this can be used as the dividing point for today. Detailed intraday operation strategy: Short gold rebounds at 2525, defend at 2533, target 2515-2500 Go long gold at 2480, defend at 2472, target 2490-2500
TVC:GOLD
by David_strategy
Gold price continues sideways waiting for tomorrow's CPI⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) struggled to build on Monday's gains and edged lower during Tuesday's Asian session, weighed down by continued US Dollar strength. After Friday's mixed jobs report, investors reduced expectations of a larger Fed rate cut in September, boosting the USD and pressuring gold. Additionally, a positive sentiment in equity markets further dampened demand for the safe-haven metal. XAU/USD remains within a multi-week trading range as investors await more clarity on the Fed’s rate decision. Focus now shifts to US inflation data due Wednesday, with the potential rate-cut prospects limiting aggressive bearish positions on gold. ⭐️ Personal comments NOVA: There was no important news on Tuesday, Gold prices continued sideways in the price range of 2480-2520 waiting for important data of the week: CPI, PPI,... ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2486 - $2484 SL $2479 TP1: $2495 TP2: $2505 TP3: $2520 🔥SELL GOLD zone: $2519 - $2521 SL $2526 TP1: $2510 TP2: $2500 TP3: $2490 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
9
Analysis of 9.11 Gold Short-term Operation StrategyGold, if it rebounds to 2520, go short directly. Don't wait until you see a decline before chasing it. It is easy to be buried at the low point. The top and bottom conversion pressure is at 2500-2505 US dollars. The continuity of the short position is as bad as ever. It took less than two hours to end the battle from 2500 US dollars to 2485 US dollars yesterday. After that, all rebounds are to lure shorts. As long as there is no participation in shorts in the Asian session, there will be no chance in the European and American sessions. It finally rose to 2507 US dollars, an increase of 20 US dollars. Every decline that seems to be unfavorable factors quickly recovered the lost ground, including the panic selling on Tuesday last month after the non-agricultural data. Gold is brewing a huge market. The volatility in the past few days is just confusing behavior. It won't be long before the unilateral market will come, especially the Federal Reserve's interest rate decision on September 19 and the US CPI inflation data for August on Wednesday. The Federal Reserve is now in a "silent period". Behind the seemingly calm, as long as someone shouts: Fire. Then the whole market sentiment will be ignited instantly. Don't be too attached to the current range-oscillating market. Generally, it's good to hold 15-20 US dollars. Now, the gold price is in a high-level box oscillation. I prefer an upward breakthrough in the general direction. The position of 2530 US dollars is not the top. Once it is broken, it will go straight to 2600 US dollars. However, the ideal position to participate is the area close to the lower track of 2480 oscillation, rather than chasing on the top of the mountain. Today's focus is the annual rate of the US unadjusted CPI in August and the US EIA crude oil inventory for the week ending September 6. Today, first pay attention to the support position of 2500-2498. Last night, the US market tested the support of 2493, so this can be used as the dividing point for today's day, and then participate in the short-term rebound upward and pay attention to 2515-2518,
TVC:GOLD
by David_strategy
1
GOLD is going to start getting much cheaper in SILVER terms.Gold has been on an absolute tear lately as the de facto U.S. corporate government has been printing and spending FRNs (Federal Reserve Notes) into oblivion. As a result, real money is gaining value against the Federal Reserve's monopoly money. Naturally, those who saw the money devaluation coming have been buying gold to preserve their purchasing power, but silver has been lagging behind, even though it has also been appreciating. Although the price of precious metals is, and will continue to be, on the rise, the price of gold is about to get much cheaper in terms of silver. Instead of buying gold, I believe the best move right now is to buy silver, hold it, and once the exchange rate drops to the 35/45 to 1 area, then exchange your silver for gold. I believe that in the next year to a year and a half, we will see the price of gold cut in half in silver terms, which means it will take half the silver to buy the same amount of gold, effectively doubling the purchasing power of silver versus gold. Good luck!
TVC:GOLDSILVER
by MetaShackle
5