Gold Thursday Trading Strategies and Signals
#XAUUSD
Today is Thursday. August 8. Gold has been stable for two days.
Today there is weekly news on unemployment benefits. But I don't think the impact will be big.
Today's current trend line is also very flat. Temporarily give some trading suggestions.
Sell:
sell xauusd 2394-2398 (The price is between yesterday's 0.5-0.618 line. But because of yesterday's small fluctuations. So today it may still continue to trigger the sell signal 2402-2405. So we can trade in small batches and observe)
sell xauusd 2314-2318 (The highest price of gold rebound on Tuesday)
Buy:
buy xauusd 2368-2371 (This signal is a conversion price that will be tested when gold continues to fall)
buy xauusd 2347-2351 (The bottom of the price of gold in recent times. If the price reaches it, buy it directly)
Currently, you can try to trade when the price reaches these ranges.
If you trade according to my signals. There is a high probability that you will win trading profits. We help everyone make profits accurately every day. If you like my analysis or make a profit by trading according to the signal, please give me a thumbs up and join me
Goldprice
XAU sideway - accumulation !! under $2400⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) attracted buyers during the Asian session on Thursday, breaking a four-day losing streak. Market sentiment remains fragile due to concerns about an economic slowdown in China and a potential US recession. Additionally, ongoing Middle East conflicts continue to boost demand for the safe-haven metal.
Friday's weak US employment report for July increased expectations of significant interest rate cuts by the Federal Reserve (Fed), along with a decline in US Treasury bond yields, putting pressure on the US Dollar (USD) and supporting Gold prices. Furthermore, the recent rebound from the 50-day Simple Moving Average (SMA) suggests potential for further appreciation.
⭐️Personal comments NOVA:
Gold price is in the sideway price range: 2380 - 2420, buyers and sellers are having high competition in the context of this week not having much important economic data, focus is on concerns that a war in the Middle East may break out.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2365 - $2367 SL $2360
TP1: $2375
TP2: $2382
TP3: $2390
🔥SELL GOLD zone: $2418 - $2420 SL $2426
TP1: $2405
TP2: $2398
TP3: $2390
⭐️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
Gold Wednesday Trading Strategies and Signals
#xauusd Today is Tuesday. August 7.
Gold fluctuated smoothly yesterday. There were very strong rebounds at multiple previous resistances.
So today our trading settings also continue yesterday's smooth gold settings.
Whether buying or selling, we can participate and make profits when the resistance area is reached.
Buy:
2380-2383 Yesterday's gold starting point
2368-2372 The rising position of multiple trading days
2349-2353 Buy and hold after reaching.
Sell:
2402-2404 Try or don't try. The signal is very weak.
2412-2416 Yesterday's resistance area
2426-2430 Sell when the price is reached
Trade according to this trading range, and make a profit of 30-60-90pips each time. You will slowly accumulate your principal.
I wish you all a smooth transaction. If you make a profit according to my trading strategy, please give me a thumbs up and join me
Gold Trend AnalysisContinuing the plunge in stock markets on Monday, gold also headed for a low. The reason is that the market's expectations for the Fed to cut interest rates by 50 basis points in September have declined. The yield on the 10-year U.S. Treasury bond has risen to 3.94%. These two pieces of information have undoubtedly greatly weakened traders' confidence in entering the market. However, as a traditional safe-haven asset, gold has performed well amid geopolitical tensions and concerns about a global recession. Continued tensions in the Middle East and concerns about the outlook for the global economy have provided support for gold. At the same time, data from the People's Bank of China showed that gold reserves at the end of July were the same as the previous month, showing the central bank's stable demand for gold. Support level 2430 2450 Resistance level 2395 2385 2370 What do you think of the trend of gold? Welcome everyone to follow and comment
Interest rate cuts when gold bulls still have momentum to fight For today, Wednesday, how should gold bulls and bears be treated? So for today, intuition tells me that gold may encounter a blocked rebound in the process of going low, as for the reason, because the two days of gold rebound blocked in 2420 that ushered in a fall, the market wind direction is also gradually open to change, which leads to the market long and short reversal, retail investors have poured into the short in the rebound process, which is actually not conducive to the outbreak of short, Moreover, for now, the geopolitical risk sentiment is still continuing to ferment, gold did not take this opportunity to break out is also due to the high bullish heat caused by the market, so for the moment, due to the market's turn around, I think today that short selling or will be slaughtered, of course, for the reasons for the slaughter, I expect institutions will also take risk aversion and interest rate cuts as an excuse, However, it is worth mentioning that the rebound is only a rebound after all, at this point, I expect that the bulls will break 2420, but will encounter obstacles in the 2430-2440 area to usher in a fall again, this point, you can pay attention to prevent.
Of course, the above is just my speculation on the market, for the current, gold is not no continuation of the possibility of breaking, this, you focus on the 2370-2360 break can be, once smoothly broken, then there is no doubt that bears still have further lower 2330-2300 momentum, The key is to see whether the market malicious virtual break to attract the possibility of reversal, in this regard, for today, you try to stay on the sidelines, such as falling 2370-2360 can not be considered to do more, of course, radical 2380 can not break a minimum stop loss to participate in a wave, but remember that you also need to hang a good break empty single defense, even if it is successfully broken, All of you need to keep your reverse orders in place to guard against long reversals. So for the upper part, try to wait 2430-2440 does not break again to participate in the short, of course, radical or can refer to 2410-2414 this area, but due to the volatility of the market, coupled with I have not stared at the plate recently, this point, you need to react to the specific operation, of course, any operation, Must strictly follow my requirements to control positions and stop losses, beware of accidental outbreaks.
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If you can prepare by seeing this 3 Step pattern then you might have a chance:
👉The ADX is above the Red DI
👉The PAR is below the price
👉The Price Action is in an uptrend
Now all this is happening on the daily so please take note of that.
This pattern is so powerful that it should be banned.
But you are learning about it.
To learn more about this 3 Step system
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Discliamer:Trading is risky you will lose money please learn risk management and profit taking strategies.
Gold (08/07) Wide trading range in a week without important news☘️Fundamental Analysis
Gold prices attracted some dip buyers near the $2,379-$2,378 region on Wednesday and rose to fresh daily highs heading into the European session. Weaker economic data from the United States in the coming weeks suggested that the world’s largest economy is slowing faster than initially expected. This, in turn, fueled speculations of more rate cuts by the Federal Reserve (Fed), acting as a boost for the non-yielding yellow metal.
In addition, concerns over an economic slowdown in China and the risk of escalating geopolitical tensions in the Middle East also provided additional support for safe-haven gold. However, strong demand for the US dollar (USD), fueled by a further recovery in US Treasury yields, coupled with a generally positive risk sentiment, could keep a lid on any meaningful upside move for XAU/USD.
☘️Technical Analysis
There is not much important news this week so gold is trading in a wide sideway range. The two EMA lines are still showing that the sellers are dominating the market. The RSI in the short-term frame also wants to show that the recovery of gold is being limited by the RSI 50 level. In short-term time frames such as h1 h4, gold is in a downtrend and is ready for deeper pullbacks to the support zone of 2370-2355. The important level in the sideway range will be around 2415, the peak that gold reached yesterday. Breaking the level will form a new structure for the market.
On days when there is no news that has a big impact on the market, we can identify price range zones to trade.
Support: 2386 - 2381 - 2375 - 2366
Resistance: 2405 - 2415 - 2426 - 2430
☘️Trading signals
SELL zone 2414 - 2416 stoploss 2420
SELL zone 2428 - 2430 stoploss 2434
BUY zone 2365 - 2367 stoploss 2361
BUY zone 2347 - 2345 stoploss 2341
Gold prices will once again fall to a new bottomGold prices are about to hit a new low, if you are buying you need to delay
The position of 2370-2365 as a buying point can make some profits. As I said before, the pressure on the short-term upside is too great. Today in New York time, gold prices failed to rise several times. The first attempt was to break through 2398. The second attempt was to break through 2403. Both were suppressed by the short trend. And there is no more news to push the gold price to continue to rise. So the operation is still mainly short-selling. If the price reaches my expected position, you can make a super short-term rebound. TVC:GOLD COMEX:GC1! FOREXCOM:XAUUSD
Short first and then buy. This is the next trading plan.The gold price in the London market did not break through the 2317 position.
It just maintained fluctuations for several hours. The operating space is very small, but going long is still profitable.
The New York market is about to open. See if the gold price will pull back to around 2400 points.
If it is, you can start buying. Maintain the position around 2400. Aggressive players can rely on the position above 2410 to sell and get some small profits first.
The reasonable buying point is around 2400-2404. When the shorting reaches the expected level, the position can be closed. Then wait for the opportunity to buy.
FOREXCOM:XAUUSD COMEX:GC1! TVC:GOLD OANDA:XAUUSD
What is the secret to continuous profit in gold trading?
Gold will continue to fall in the short term. If you are long, be cautious. If you are short, remember to set a stop profit.
In New York time period, gold continued to fluctuate at a high level. It continued to fluctuate in the range of 2403-2410. There was almost no news on Monday. But the price of gold did fall from 2460 to 2360 and then bottomed out and rebounded above 2400.
Judging from the data last week, the pressure on the bears is very high. In addition, almost all the news this month has been landed last week. Combined with the current market, there is no major news for gold to further break through the highs. The only possibility is the momentum brought by the news of the war, but for the time being, this is unlikely to happen.
So in terms of operation, it is still mainly selling at high levels. The short-term target below is below 2390.
What is the secret to continuous profit in gold trading?
That is to follow my steps. Follow the guidance. Trade with accurate signals.
So far, members who follow the transaction have almost never failed. Investors with large funds make big profits. Investors with small funds make small profits. After all, it is still difficult to lose money in such a market. The amplitude is large enough. There are enough opportunities for operation. As long as you don’t trade blindly, it’s just a matter of how much money you make. Of course, if your current account is still in a state of continuous loss, remember to follow me. It is only a matter of time before you turn losses into profits.
GOLD: Gold price will continue to fallToday, I perfectly realized the story of going from a loss of 45k to a profit of 65k.
The latest channel has a detailed process.
This rebound. Everything is within my expectations.
The gold market is currently quoted at 2406. But this position will not stabilize. I think gold will continue to fall.
If your order is still losing money, or the profit is not big. Or you don’t know how to trade yet.
Stay tuned. I will guide you how to turn losses into profits. COMEX:GC1! TVC:GOLD OANDA:XAUUSD
Where should gold shorts go? Is it possible for gold bears to faYesterday Monday, you must have been stunned by yesterday's market? To tell the truth, as far as my experience in the market for more than ten years, Monday, the big market is normal, after all, it may be because of the influence of the information during the two-day break, but, as far as yesterday is concerned, the market performance is relatively calm in the case of such a market, even I am inconceivable, but this also reflects the market's unreasonable, to say the word is not good, as far as yesterday's market is concerned, In addition to bearish, there is no choice, after all, such a strong drop, do more is purely to die, on the contrary, break the vacancy, as long as it is not chased to the floor, it is a profit opportunity, this, I also hope that you are in a good position is, but say a word psychological words, yesterday, the market retail losses are heavy this is a fact, but this is no way, after all, the market accident, When the so-called avalanche, no snowflake is innocent, this point, also because the market retail investors attracted market institutions into the harvest, but not to save the opportunity, but you are still too self-righteous, this point, or that old saying, more reflection, after all, I have said that the bear will break 2400, it is reasonable, in fact, most of you also understand, Just by the fog of the market lost the eyes, this point, the future market pay more attention to the market.
In fact, for trading, the rise and fall of the market has little impact on me, after all, there are countermeasures, but this external restriction is very collapse, take yesterday, the list prompted, the profit process guidance number is gone, there is no way, I can only remind you through a certain way to first small profits out, so as not to suffer accidents, which also leads to the lack of profits, especially afraid that in the process of profit, you are waiting to receive out of the prompt I can not make a prompt, it is more tormenting, and the recent analysis of the state and nearly perfect situation, but encountered various restrictions may also lead to the state into a trough, this, In the case of Chen Feng I think twice, decided to stop guidance from now on, rest 7-10 days first, of course, the specific time to return, the time is tentative, after all, I did not take my lover out for a few years to relax, has been devoted to the guidance of the case, although the lover supports, but also a little complaint, this, I also take this opportunity to compensate it. Of course, I am currently on vacation, certainly in order to better guide you in the future market, this point, you will wait for me to return to lead you to fight the market can be, in the near future, you will be a little patience, finally, thank you for your trust and support. So at the moment, I will not say anything else, directly analyze the current market, you can refer to it at will.
-- Gold market review yesterday --
Yesterday Monday morning, gold opened high near 2444, the opening is up 2447 the first line obstruction ushered in stop fall, but unfortunately, gold only fell back a wave of 2437 to stop rise back into shock near 2445, then, short sudden crash, gold is also directly broke 2430-2420, The lowest fell to near 2413 to meet the stop recovery, and the recovery is also relatively strong, gold directly reversed the decline to rise above 2440, and then the bulls continued to climb to break 2450, the highest to 2458 line to meet the stop and suddenly fell below 2430, this point, for the early morning, the gold market volatility is also extremely intense. During the European trading period, gold continued to fall a wave of 2422 to stop rising 2445, and after a long and short saw, it once again ushered in the next break 2420, and this wave of decline, directly broke 2400-2380, until the eve of the United States, the lowest gold also fell to near 2467. During the United States trading period, gold bears continued to fall a wave of 2364 to stop rising, gold is also a shock to return to 2400, near midnight, gold rallied around 2412 to stop into shock, long and short 2412-2400 saw a final close near 2409.
-- Where should gold wash the long and short? Can gold bears fall further? -
Yesterday Monday, for yesterday, the market volatility is volatile, to say the word is not good, even the non-agricultural market and the Fed information market is not as strong as yesterday, this, for Monday, is undoubtedly not extremely rare, then on Monday, gold opened from 2447 down 2413 produced 34 points of decline, Then rebound 2458 produced 45 points of increase, and then from 2458 to 2364 produced 94 points of decline, and finally the United States from 2364 rebound 2412 produced 48 points of increase, from these big fluctuations alone, Monday produced more than 200 points of volatility, which does not count the volatility of the shock period, you can imagine, How strange the market was yesterday. Of course, some people ask the reason, in fact, for this point, I can only use the wash to evaluate, after all, yesterday's market fluctuations, can not be explained with reasons, that geopolitical risk, gold fell, that the global stock market crash, gold fell, under the influence of geopolitical risk and market turbulence risk, gold can suffer a sharp decline, which is abnormal. Although gold as scheduled in 2360 not to break the situation ushered in a rebound back to 2410, but for the current situation, the rebound is not necessarily to rise, which still exists the possibility of malicious market lure, so for the current, you also need to be cautious.
Then again, for yesterday, the global crash, a variety of stock market circuit breaker situation appeared again, this point, the market is no doubt not suffered panic selling out, in fact, it is not good to say, yesterday's sharp fall in gold, but also part of the reason, then for this situation, gold in the case of stopping at 2360 not broken, Can it usher in a rebound and go higher? In fact, for this point, I still do not think that gold bulls have the power to fight back, to say the word is not nice, gold continued to rise, mainly because of interest rate cut expectations, but for now, the global crash, but also led to the stability of the US economy was questioned, that is to say, the phenomenon of the market can smoothly land interest rate cuts still have some doubts, In addition, there is still some time to go before the interest rate cut in September, gold bull heat is relatively weakened, especially under the impact of yesterday's crash, the market bull retail positions suffered a sharp drop forced withdrawal, but also hit the market's confidence in bulls, this point, gold wants to have a further rise in the short term to return to bulls, Unless it is the outbreak of geopolitical risk stimulus, otherwise, there is still the possibility of further deep fall in gold, of course, you do not blindly speculate when gold will hit bottom, because compared to gold in such a high case, really wait until the interest rate cut landing, short can be said to be bottomless, and for the moment, gold stops at 2360 and does not break on the rebound, more, I think this is just the correction before the fall, bears have downward power, this point, I still reiterate the previous target, that is 2330, of course, 2330 is only a stage of expectations, gold does not rule out the possibility of falling below 2300 again, this, you also need to pay attention to guard against it.
So for today, Tuesday, gold is used to unilateral days, I do not recommend you to consider doing more, more, I personally still feel that around the rebound shorting is relatively reliable, of course, if the outbreak of geopolitical risk, then when I did not say, but even if the outbreak of geopolitical risk, I do not think that gold bulls can do too much, After all, I also said before, gold broke 2400 is an inevitable event, but due to the stimulation of geopolitical risk, the market is also reacting in advance to pull up the gold price, in this case, as long as the geopolitical risk is not out of control, then the bulls are powerless to return to the sky, this point, you will stick to 2410-2414 today directly open short positions, such as breaking, Further hold 2420-2430 continue to short in batches. Below, or pay attention to 2370-2360 can fall again, break the level directly under 2330-2300 do not break and then consider the backhand.
Yesterday Was A Massive Fall. Will it Fall More? 2320?Yesterday Gold Has Fall Massively And Unexpected As A Monday Move. How ever Gold make The Move. I 'm Expecting A Continuation On this Week On Gold Until 2330-2320 Area. And Today Gold Can Sell From 2422 - 2426 Zone If Breck 2430 - 2435 Zone Is Perfect To Sell
XAUUSD: Gold prices are bound to reboundLast week I said that the price of gold will continue to rise this week. After the opening, the price of gold rebounded to around 2460.
On Monday, the London market predicted that the price of gold would fall again. Then the short position made a profit again. At the same time, it was said that if the price of gold fell to a low level in the New York market, it could continue to be bought. Sure enough, the New York market continued to create new lows for the price of gold. And it reminded investors with large funds to continue to buy.
The price of gold finally stabilized at 2366 and rebounded sharply by 30+ US dollars.
Today's profit once again set a new intraday high.
If you are a buying investor. The current order is in a loss state. Don't panic.
Just follow my precise signals for precise trading. You don't need to have a good trading mentality. No matter how aggressive you are. Or you are a steady player.
Just strictly follow my precise instructions. You can simply expand profits or recover losses. TVC:GOLD FOREXCOM:XAUUSD OANDA:XAUUSD COMEX:GC1!
Gold Holds 50-Day MA - Breakout Potential RemainsGold has rallied back sharply after testing its 50-day MA near $2375 earlier today. The precious metal has yet to set a “lower low” since early June, keeping the near-term bullish momentum intact for now.
For this week, traders will be looking to see if XAU/USD can recover back to the $2450 level and ultimately break above the record high at $2485 to clear the way for a continuation toward $2600+ in time.
On the other hand, a close below today’s low and the 50-day EMA would erase the near-term bullish bias and shift the outlook to neutral for more consolidation between $2300 and $2400.
-MW
The GOLD market is generally on the rise8.6 Gold Analysis
8.5 Gold fluctuated and fluctuated, with an overall decline of more than 0.74%
From the daily chart, gold is still on an upward trend. Coupled with the interest rate cut in September and geopolitical tensions, gold still has a lot of room for overall growth in the later period
GOLD - Long active !! Hello traders!
‼️ This is my perspective on GOLD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. I expect bullish price action as price rejected from trendline + LZ + FIBO 0.618 level.
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Black Monday hits, and the stock market is all downThe US dollar index rose 1.1%
The largest single-day percentage since November
Gold fell 2%
Nikkei and Dongzheng index fell nearly 9%
South Korean stock market fell 8%
Basically, all Asian stock markets ended in a bloodbath
Monday gold analysis
Support level 24218 2420
Resistance level 2455
The market has been volatile recently. I hope every trader will enter the market with caution. I will release the latest news every day
You can follow me
You can also raise your concerns in my comment area
xauusd:It will rise again next week!All the strategies I sent this week are profitable. Shorting gold after the release of NFP data today has made huge profits again.
But I predict that gold will rise again after reaching the support position next week, because DXY will continue to fall, which will further drive gold up.
If your current account is still facing losses or there are orders to be processed, you can leave me a message and I can help you solve it.
I will send more accurate strategies in the future to help you make greater profits. Keep paying attention to me, there will be accurate signals every day!