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XAUUSD:25/9 Today’s Trading StrategyGold stabilized at the 1920 mark last Friday and ushered in a shock rebound and recovery. The Asian and European markets fluctuated sideways above 1925, showing a defensive trend. In the evening, the US market accelerated slightly and reached the 1929 line, falling back and closing with shock. From the perspective of technical analysis, gold Judging from the above, the current trading daily level structure shows that after the market rebounded higher in the first half of the week last week, there was a dive on Wednesday night, breaking the illusion of the bulls. A big negative line on Thursday reversed the rebound. Although the rebound closed on Friday, it was just a retaliatory rebound for the previous consecutive declines and did not affect the downward trend. Therefore, the bottom is expected to continue this week. In the short-term bull counterattack last Friday, the market broke through the 1924 suppression level, but under the heavy pressure of 1930, the rebound was curbed. The golden four-hour line continues to remain above the 50 moving average. The fall of the K-line is a normal trend. The more the fall, the higher the rebound. This is inevitable. At the same time, the bottom continues to maintain a big positive line to stop the decline, and strongly supports the K-line, 50 The moving averages continue to show signs of rising upward. Although the lows are also constantly rising, the stochastic indicator is currently trending toward a dead cross, running bearish and downward, and the BOLL central axis is temporarily suppressed. Therefore, in the short term within the day, there may be a shock retracement first and then Downward trend. Therefore, in the short term during the day, Jiesse still recommends short selling at high prices to operate! ​ ​​​Gold operating strategy: SELL:1927-1930 SL1935 TP1:1923 TP2:1918
OANDA:XAUUSD
by ActuaryJ
Gold little flutuated ahead of Fed and other rate decisionsThe gold market is currently in a holding pattern as investors await monetary policy updates from the Federal Reserve and other central banks this week. Gold prices are relatively stable, with the most active futures contract settling just slightly higher and spot gold showing a small decline. Market analysts suggest that gold traders are cautious and waiting for these central bank decisions, including the Fed, Bank of England, Bank of Japan, and People's Bank of China. The focus is on the Fed's decision, and any signals regarding interest rate hikes could impact gold's direction. If there's optimism that central banks are done raising rates, it could be positive for gold, but uncertainties remain. The European Central Bank recently raised rates to 4%, signaling it might be the last hike for a while. The Fed is not expected to raise rates during its upcoming meeting, but investors are eager to hear Chairman Jerome Powell's comments for clues about the rest of the year. The possibility of a hard economic landing could drive safe-haven flows into gold. In summary, gold markets are on hold as traders await central bank decisions, with a focus on the Fed's announcement and Powell's remarks. The recent increase in U.S. consumer prices adds complexity to the inflation outlook.
FXOPEN:XAUUSD
by Santorinina
4
Gold Buyer's Bias?On Friday Gold price test its 11th sep high 1930 and drop to 1923. Current setup: Price drop to fvg fair value gap 1922 and also 50% fib level close bullish in 15 min chart which shows that this short retracement from 1930 to 1922 and now price goes to new high for the coming week. BUY SETUP: On the monday open go for long after breakout of gray zone which i mentioned in the charts/ stop loss below 61 level of fib level. On Wednesday important news event fed speech and fed rates.
OANDA:XAUUSDLong
by naumanfx_
Gold: The rise continues, and 1920 continues to follow the trend Gold has turned around and started a band rebound, and the target of this band rebound is the 1930 position. The current market is moving steadily towards the goal step by step! The U.S. market fell back and relied on the support of 1914 to continue to go long! Gold's current decline has ended and a band rebound has begun! It can be seen at the 4-hour level that after gold fell to 1900, the macd diverged, and then the market started to rise and broke through the 1915 position, which was directly suppressed, indicating that the breakthrough was effective! After the breakthrough, the rally started. In the short term, the current rebound has touched the pressure of the 4-hour upper Bollinger Band. The possibility of a direct breakthrough is small. It needs to fall back and gain momentum again before breaking through. Then the previous pressure of 1915 has become the current Effective support, the US market will rely on this support to go long and bullish! The next target is the 1930 position!
FX:XAUUSDLong
by Dylan-Jones
(Gold) : Nice Weekly TrendHey guys, I hope you're all doing well. As you can see for gold, I think we must expect the gold downtrend to last for a much longer time. In my opinion, gold will fall (step by step) until the 1810 area, and after that, it will fall until 1700. Then, if the price breaks the major support and retests successfully, according to the Triple Top pattern, it must fall down more and more. Just as a precaution, this is a (Long-Term) Gold idea, according to what I can see on the chart. Also, there are a lot of factors that can change the game. May you all be PROFITABLE,
FOREXCOM:XAUUSDShort
by AmirHonardoust
4
XAUUSD: 29/8 Today's Trading Strategy​International gold prices continued to fluctuate and rise on Tuesday. The rise in gold prices on Monday was mainly helped by the fall in the dollar and U.S. Treasury yields. The market continued to digest Powell's speech last week. The focus will be on Thursday's U.S. personal consumption expenditures (PCE) price index report and Friday's U.S. non-farm payrolls data for August, where investors will look for further clues about the strength of the economy. The gold market opened lower in early trading yesterday at US$1913.2, and then the market first pulled up to US$1917.8, then the market fell back, and the daily line was as low as US$1912.5, and then the market rose strongly in the US session, and the daily line reached a maximum of US$1926.1. The market finished at a high level, and the daily line finally closed at $1919.9, and then the market closed with a Zhongyang line with a long upper shadow line. After such a form, today's market has a technically bullish demand. The 4-hour chart held above the previous low point and further rose to explore higher. The middle rail of Bollinger Road formed a short-term support. slower. In terms of operation, rely on 1903 as a defensive point and first look at the shock and rebound. Gold bottomed out as a whole and rebounded. In today's operation, Jiesse considers the retracement layout to be low and long, supplemented by high altitude. Focus on 1926-1932 at the top and 1918-1912 support at the bottom. If you break through the 1926 support, you can refer to around 30 for short orders. ​Gold operation strategy: SELL:1926-1929 TP1:1923 TP2:1919 BUY:1915-1918 TP1:1921 TP2:1926
OANDA:XAUUSD
by ActuaryJ
XAUUSD: 22/8 Trading Strategy Today​The current international gold price is around 1895 on Tuesday. DXY hovered near a two-month high, but its five-week winning streak eased as investors bide their time ahead of a Fed seminar in Jackson Hole, Wyoming, on expectations that major central banks could stay relatively low for longer. Gold hovered near five-month lows amid high interest rates and rising U.S. Treasury yields weighed on the metal. After the opening of the day, it first retreated to the 84 line, and continued to compete around 90. However, after the U.S. market unexpectedly exceeded the 1898 position, it began to retreat, and continued to touch around 1885. Due to the recent weak form In other words, this action does not perfectly explain the signs of the bulls' rebound, but when the market continues sideways and there is no sign of breaking the position, we can continue to consider whether the reversal of gold is coming, and the current daily line continues to be under pressure. The short-term moving average has also achieved the effect of short-term resonance, and the downward trend of the hourly line is perfect. According to the simplest operation idea, let it take its course and follow the market. We can still consider trying to release a certain amount of energy from bulls, and the first target above is maintained at the 1900 integer level. Once this position is broken, there will be a possibility of continuation in the later stage. Judging from the current trend structure of the market, the downward trend channel line in the previous period is relatively regular, and the decline that abides by the rules goes lower. Although there is a certain rebound in each single trading day, there will always be a new decline after each rebound. break low. At this time, every rebound opportunity should be shorted to see the fall. At the current stage, there has been no continuation of breaking lows for two consecutive trading days, and the repeated hourly lines at low levels have formed a more obvious defensive trend. Although the rebound is not strong, the previous downward pattern has been broken. Adjust the layout of the train of thought. Jiesse predicts that nearly half of the analysts will choose to short at 1900 today. The short-term thinking in the operation should be adjusted appropriately, and the position of short selling should be adjusted a little higher. Wait for the rebound to test the top and then short at the high point, or the market will reach the low point of 1884 when the market weakens Nearby, let's follow up. ​​​​​​​​​​​​​​Gold Operation Strategy: SELL:1900-1903 TP1:1897 TP2:1892 BUY: 1885-1888 TP1:1892 TP2:1897
OANDA:XAUUSDShort
by ActuaryJ
1
XAUUSD: 16/8 Gold Trading StrategyDXY was flat on Wednesday (August 16) after data showed that U.S. retail sales rose more than expected in July; gold prices stabilized, boosted by a retreat in the U.S. dollar, although the Fed may remain on hold for longer after strong U.S. data was released. Expectations of higher interest rates kept gold prices near six-week lows. Gold reached a new low of 1896 yesterday. The oscillating movement of one step at a time seems to be weak, but it has not yet penetrated the low of 1893. A blunt shock fell, accompanied by a low rebound, and the daily line still harvested a small Yin K line. Since the daily chart was under pressure from the high point of 1987, there has been a wave of unilateral weak declines, directly giving up room for rebound. As it approaches the thousand-track mark and the low point of 1893, the short-term began to enter into repeated see-saw. It seems to be weak, but the strength of unilateral breakout is lacking, one low point and one reverse draw, whether it is brewing breakout or a steady recovery remains to be confirmed. The 4-hour chart is weak and downcast with a rebound correction. The low level was still recovered in the late trading yesterday. The short-term quickly reversed the pressure on the middle rail 1911 line and then retreated to the 1900 mark. Repeatedly testing around the low point. It needs to be further confirmed in combination with the form whether it is poised to break down during the consolidation or to start a steady recovery. At present, it is repeatedly approaching the low point, but it lacks a certain strength to break the position. The short-term changes in the tug-of-war. From the perspective of the downward trend of the small-cycle step, as long as the short-term does not regain 1916, the short-term bearish thinking will be maintained for the time being. ​​​​​​​​Gold operation strategy: SELL: 1912-1916 TP1:1908 TP2:1902 BUY:1898-1902 TP1:1906 TP2:1910
OANDA:XAUUSD
by ActuaryJ
GOLD: Gold price assessment after FOMC!Despite the recent increase, the price of Gold continues to be influenced by bearish technical indicators. There is a strong downward trend, with the immediate support level being at 1,890 - the lowest in five months. If this level is broken, there is further support at 1,886 which was last seen on March 15th. Should prices decline even further, they will likely test levels below the static support of 1,870. Gold price is coming up for some air after the relentless three-day decline, fuelled by a broadly firmer US Dollar amid an increased flight to safety and economic resilience showcased by the recent US economic statistics.
TVC:GOLDShort
by Sphyn-Trader
1
Gold: The current price of falling points is more! Gold once again broke new lows, but the decline shows signs of exhaustion, which means that this decline has come to an end for the time being, and the market will start a wave of rebound. The current price of 1911 in early trading is directly higher, and the rebound will rise first! From the perspective of the trend of gold, the daily line has fallen to the previous low, which is also close to the support position of the 200-day moving average, and the weekly line has fallen back to the lower track of Bollinger! The greater the support position of the large cycle, the greater the possibility of an inflection point! On the hourly chart, although gold fell again yesterday, the macd deviated and the decline failed. Today's market has a rebound demand, and the pressure above is 1925! Look at the rebound first, and then decide whether to short according to the trend after touching the pressure! Gold is more than 1914, stop loss is 1907, and stop profit is 1925.
FX:XAUUSDLong
by Dylan-Jones