Today gold is still dominated by short selling, top 1923Gold Analysis: Last Friday's gold empty order was also steadily won. The closing battle is also a successful conclusion. With the beginning of a new week, new market trends are also waving towards us. Next, listen to my analysis and insights on Monday's market. The support at 1910 below is relatively strong, and several pre-breakthroughs ended in failure. According to the trend of gold in the Asian market and the strength of the callback, the bulls are still suppressed to death, and it is difficult to see that they will give enough rebound in the short term. So the focus is still on the break at the 1910 position. Last Thursday's CPI was all bullish, and it failed to open up the bulls' upward momentum. It just rushed to the 1930 line and was suppressed by it and quickly fell below the low. Therefore, the bearish trend remains unchanged this week, and it is still mainly bearish. In terms of operation, just follow the mainstream and wait for the rebound to give you a short-selling opportunity.
Back to the topic, the current decline in gold is obvious, and we need to find a suitable space to enter the market after rebounding from a high level.
Today, let’s look at the 1921-1923 position above. When you arrive at this position, you can find a high point to enter the market and sell short.
SELL1921~1923, SL1927, TP1910.
Long orders will not be arranged for the time being, and wait for the follow-up gold to go out of the trend
Goldtrade
📈XAUUSD analysis, Sell trend over?📉OANDA:XAUUSD
FOREXCOM:XAUUSD
Gold analytical series, Episode 27
Hello Traders, please check out my previous ideas.
As long as the price is below the 4H middle Bollinger line, any price move to cross this line is a sell position for me.
If the price breaks above the midline and stabilizes above the black trendline, the scenario will change.
targets are on the chart.
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Gold at an important level!I am still holding some shorts, although things could change for gold here. I plan to maintain my position until my stops are hit (I have tightened my stops well into the money) or targets are hit. I do see a bullish case for gold here, use your best judgment!
safe trading!
GOLD LONGRisk 0.5%
TP1 = 1:2RR
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GOLD ( XAUUSD ) Long Term Trading IdeaHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
SELL: XAUUSD - Closure below the support/downward trendWe have entered a Sell on GOLD/XAUUSD.
Following our earlier analysis, we waited for a closure below the range, and entered a SELL
All timeframes are also Bearish. They are in a downtrend and keep breaking lows and supports, making the resistance lower each time
We will wait for at least 20+ pips before we will close part of our position, then SL to BE and will let the rest run.
Good Luck!
XAUUSD: 14/8 Trading Strategy of the DayToday's Asian market opened at $1913.27 in early trading, with a high of $1915.09 and a low of $1910.03. The minutes of the Federal Reserve FOMC meeting will be the focus of this week. The market is expected to be inclined to pause interest rate hikes in September and November. The dovish stance will put pressure on the dollar to break through the 103 mark. Gold fell to $1913.
The lowest point in early trading was at 1910, and gold continued to fall on the weekly trend. Currently, it maintains a trend of weak shocks, and the price is already close to the previous support zone. Whether there will be room for rebound repair at present. On the daily line, the K line is basically suppressed by the short-term moving average, and continues to show a strong downward trend of shocks. Judging from the daily line, it seems that there is not much room for a rebound, and it is more inclined to continue downward. From the four-hour chart of gold, the moving average is still running below the price, and the two moving averages have a clear downward trend of dead cross, while the K line is below the dead cross throughout the whole process, and is under continuous suppression. Although there is a short-term rebound, the big Yinxian can quickly swallow up the strength of the rebound. After opening in early trading, the downward trend of the negative line seems to continue.
In the 4-hour chart, the shape of gold presents a flat line, showing the characteristics of a bearish side. Despite multiple lows, the failure to break out also hints at the bearish influence. From an indicator point of view, the continuous bottom divergence of the stochastic indicator shows a gradual change in market sentiment, which may lead to an important turning point in the future. At the same time, the MACD indicator also shows signs of passivation bottom divergence, and there is no obvious rebound trend at present. The upper initial resistance is around 1920.88 on the 5-day moving average, and the resistance on the 10-day moving average is around 1932.49. For initial support, refer to the position near the lower rail of the Bollinger Line at 1907.02. For strong support, refer to the 1900 mark. The monthly low was 1892.86.
The upper part focuses on the first-line resistance of 1923-1928, and the lower part focuses on the first-line support of 1900-1893. If the 1910 position is broken today, we will continue to look down around 1900, and if we break the 1900 position, we should not continue to be long on gold.
Gold operation strategy:
SELL:1918-1921
TP1:1915
TP2:1910
BUY:1903-1906
TP1:1910
TP2:1916
Gold BUYGold is continuously falling and now has reached on its daily support level around 1905 to 1910 also gold has formed a trendline structure which also followed its sell baised but it seems like on daily level of support price is going to break above its H1 trendline also on daily level price is also taking support on 200EMA which is also a good sign for BUY side
We will waiting and watching price if it breaks above 1910 level with a price action Bullish engulfing Morbozu we will buy this pair
Good luck 🤞
Smoothly hold your support, now??#GOLD... as we discussed in our perveious idea that 1904 is the supporting area, and now your see that market hold your supporting level and bounced back ..
Again at his resistance area 1914 15 arround ..
Only case of holding below 1914 can leads you towards support otherwise upside areas are mentioned on chart ..
Trade wisely
Good luck
🚨Gold ready to FALL again🚨Gold managed to break the 🟢 support zone($1,939-$1,932.16) 🟢 during the last day.
Gold is currently completing a pullback to the broken support zone.
🌊According to Elliott Wave theory, gold is completing the Double Three Correction structure(WXY) .
🔔I expect the main wave Y to finish at the 🟢 heavy support zone($1,903-$1,886) 🟢.
Gold Analyze ( XAUUSD ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
reached at your target zone 1904, next?#GOLD... market just reached at your target zone that is 1904 as we mentioned in our perveious idea,
keep close it because its today key level and for further selling it should break and close below that area,
if market hold it then only case buying expected otherwise not.
upside and downside areas are mentioned on chart...
trade wisely
good luck
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GOLD: A predictable scenario!The underwhelming inflation figures in the United States provided a reason for Federal Reserve policymakers to celebrate their success in tackling price pressures. However, traders were eager for more information to alleviate concerns about the shift in policy direction. These concerns were further compounded by worries surrounding China, the largest consumer of gold globally, which put downward pressure on the price of XAU/USD.
Gold analysis: short-term shock trend, reasonable entry pointToday's gold market opened at the 1943 line. From the perspective of the overall structure of gold, gold has gradually changed from a weak shock to a strong shock. The market has been in a downturn in the short term. This trend can be long or empty. The control needs to be more precise. In addition, this Thursday, the CPI annual rate, monthly rate, and initial claims are all gathered together. Gold should not make much movement in a short period of time, and there is a high probability that it will also fluctuate and pull back in the past few days. Therefore, the operation in the past few days is still mainly selling high and buying low.
At present, the probability of the upward fluctuation of the gold trend is higher, and both long and short positions have the opportunity to participate in the operation. Let's just treat it by selling high and buying low.
Today, let’s look at the 1935-1932 line below, and reach this range to find a low point and enter the market to open long.
BUY1935~1932, SL1928, TP1945.
The European and American market rose to the 1948-1951 line,
SELL1948~1951, SL1956, TP1940.
Focus on gold 1930~1944 high short low longGold layout analysis: The market opened at 1936 in the morning, and the trend was weak. After falling to the 1931 line, it began to rebound. Under this trend, it is expected to continue yesterday's weak empty trend and continue to attack the 1930 line. So the next situation is relatively clear. As long as the strong support at the position of 1930 is not broken, we can try to do long (short-term operation) near it to catch the rebound. At present, unless gold regains a firm position above 1945, it is possible to open the bull's offensive trend. Otherwise, you can only go short during this period. So this Thursday's CPI also determines whether gold will restart the bulls, or continue to be short, hitting the 1900 integer level. This is just my guess, and the specifics should be based on the data and the actual trend.
Under the current trend of gold, we still operate around the high-altitude position, and we can participate in long orders without breaking the position at 1930.
Today, let’s first look at the first-line break at the 1930 position below, and do long positions if you don’t break through.
BUY1930~1932, SL1925, TP1938.
The European and American market rose to the 1940-44 line, reaching this range to find a high point and enter the market to open short.
SELL1940~1944, SL1947, TP1930.
Gold today's range forecast 1915~1937Gold layout analysis: On Tuesday, more than 1930 gold orders were placed, and after rising to the 1935 line, the positions were reduced and left. In the overall stable profit appreciation position. After opening at 1925 this morning, it continued to rise slowly. Judging from the trend of gold in recent days, it basically maintains a low level and fluctuates within a few days, constantly breaking low. The high position keeps moving down. On Tuesday, it pulled back twice to the 1930 line, although it failed to continue to break down. However, it finally rebounded to the 1935 line and then fell back under pressure. The U.S. market broke through the 1930 line, approaching the 1920 line. Such a weak form of gold makes it more difficult to rise. Coupled with the extreme trend of the U.S. index, gold is also affected by it, resulting in insufficient motivation for bulls. According to this situation, it is not impossible to break the low of 1920 again. Since gold fell below the 30 line yesterday, there is no short-term support, so the operation can only be operated by selling high and buying low. It is more difficult to control the entry position, so please remember to be cautious during the operation.
Back to the topic, the current gold trend is dominated by bears, and the momentum of bulls is weak in the short term, but it cannot be ignored.
SELL1934-1937, SL1940, TP1922
If the European and American markets fall to around 1917,
BUY1917-1915, SL1910, TP1925
Gold today's forecast interval 1906~1929Gold layout analysis: The gold 1931 empty order shared with you on Wednesday is a complete victory. At present, judging from the recent trend of gold, the bulls are like deflated balloons. It can be said that there is no upward momentum. The high position keeps moving down, and the low position keeps breaking. If this trend continues, it is estimated that tonight's CPI will be difficult to restore the bullish situation, but compared with the bullish upward trend in the previous period, there are some similarities. After rising to the highest line in 1987, it fell all the way, without any signs of a strong rebound. So whether this time the short position will continue the previous long position? This question is also worthy of our careful consideration. Judging from the early trading, it is basically bearish. But we can't say absolutely, we still have to leave a little doubt. Anyway, today we will still implement the original plan, mainly selling high and buying low.
Back to the topic, under the trend of gold, we are mainly bearish, just to prevent the short from going the old way of the previous bull.
Today’s Asian-European market operation first looks at the top 1927-1929, and you can try to short when you reach this range.
SELL1927~1929, SL1934. The target is below 1915.
The European and American market fell to the position of 1908-1906, which can be traded with long orders,
BUY1908~1906, SL1900. Target 1920 above.
XAUUSD: 8/8 Today's Trading StrategyGold yesterday fluctuated and closed down with a small negative line, and the real K line of the daily line was not big. In a narrowing shock. The short-term failed to further extend the rebound at the end of last week. Instead, it was under pressure and fluctuated and closed at a low level. There are signs of weakening in the short term, but it still cannot get out of the unilateral situation. The shock is the front and the trend is the back. The oscillating rhythm of the yin and yang swaps on the daily K-line. According to the 1-hour chart, the trend of gold has been suppressed by the moving average, and the trend is bearish on the market. However, considering that the 1932 line is a support position for the recent trend, and we can see signs of double bottoming in the form, then we are bearish At the same time, it is also necessary to prevent the trend from giving us a wave of rebound, and the current trend is in an important support position of the market. Next, it depends on the situation of the trend breaking position. Combined with the downward movement of the moving average, it indicates that the market is oscillating downward.
The performance of gold yesterday seemed a bit unsatisfactory. The opening of the day showed a correction under pressure, and it fell back slightly to the 1931 line. Although there is not much room for correction, the continuous downward revision will obviously affect the overall market sentiment. In addition, this week’s fundamentals focus on the US CPI data, and the market’s focus has also shifted to whether the Fed has entered an interest rate cut cycle, which means that there may be emotional changes in the market this week, but this needs to be guided by fundamentals, and the confidence of gold bulls will also increase. May need to rely on fundamentals to strengthen.
Gold operation strategy:
SELL: 1944-1946
TP1:1940
TP2:1935
BUY: 1928-1931
TP1:1935
TP2:1941