XAUUSD: 11/8 Today's Trading StrategyOn Friday (August 11), DXY fluctuated within a narrow range and is currently around 102.50. Affected by the lower-than-expected inflation data overnight, spot gold once rose to an intraday high of $1,930.19, but then turned around and accelerated below the $1,920 mark. The U.S. dollar index turned from falling to rising, and investors digested U.S. July inflation data , data showed that consumer prices rose slightly, but inflation remained well above the Fed's 2% target; U.S. consumer prices rose slightly in July, consolidating expectations that the Fed's interest rate hike cycle is coming to an end
Yesterday, the price of gold fluctuated in a large range. The market opened at 1914.6 in the morning and the market rose first. In the beginning of the US market, it was affected by the fundamentals and quickly rose. The daily line reached the highest position at 1930.2 and then the market fell under pressure. After reaching the position of 1911.9, the market consolidated. After the daily line finally closed at the position of 1912, the daily line closed in the form of a shooting star with a very long upper shadow line.
Although gold rebounded yesterday with the support of the CPI data, the overall bearish trend finally returned in vain, and it still hit a new low since this round in late trading. No change for now. From a technical point of view, yesterday’s daily line of gold received a Yinxian shooting star, indicating that the short position is corrected, the Bollinger Bands are wide open, the KDJ indicator is about to form a golden cross, the midline fluctuates widely, and the general trend is still upward. Looking at the 4-hour chart, the Bollinger Bands open wide, the KDJ indicator is about to form a golden cross, and the price fluctuates at a low level. On the daily chart, the price of gold fluctuated and fell. The dead cross of the 5-day and 10-day moving averages crossed the middle track of the Bollinger Bands downwards, and formed a short-term suppression on the price of gold. The middle track and the lower track of the Bollinger Bands turned downward, indicating that the short Occupy a short-term advantage and gradually open up the downside space, but the downside time of the lower track of the Bollinger Band is relatively short, which may limit the short-term downside space. In terms of indicators, the dead cross of KDJ and RSI indicators turned slightly upward, indicating that there is a short-term rebound opportunity for gold prices, but the dead cross of MACD indicator diverged and crossed the zero axis, and the short-term technical side has the upper hand. Today, the upper pressure of gold price focuses on 1922 and 1933 US dollars, and the lower support focuses on 1910 and 1900 US dollars.
Gold operation strategy:
SELL: 1920-1923
TP1:1916
TP2:1910
Buy: 1903-1906
TP1:1909
TP2:1918
Goldtradeidea
Gold: a strategic move
The fluctuation range of the gold Asia-Europe market is limited, and the market is concentrated in the performance of the US market! Judging from the current trend, the decline of gold has deviated, which means that this decline has come to an end! Moreover, this wave of decline has fallen to the support position of the weekly Bollinger lower rail, and is supported by the daily long-term moving average! Specific rebound conditions!
Now that gold has started to rebound, the U.S. market will focus on whether it breaks through 1920. After the breakthrough, it can be bullish to the 1930 line. More, the U.S. market will continue to be bullish!
Pay attention to the competition situation in 1920, and pay attention to the impact of data on the market. According to the data, whether gold will stand above 1920 or under pressure, and then make specific strategic adjustments.
GOLD: The trend is highly likely to drop to 190x with CPIGold price is replicating the moves seen in the first half of Wednesday on the United States (US) Consumer Price Index (CPI) day. The United States Dollar (USD) buyers take a breather, awaiting the critical US inflation data for a fresh directional impetus.
Gold trend analysis
It was another full day of shocks. The price of gold jumped repeatedly between 1930 and 1935. Although the hourly line kept refreshing lows within the day, the support at the low point of 1925 was still very strong. In terms of form, gold continued to maintain The trend of shock adjustment. Relying on the support of 1925 to continue to be bullish
Trading Signals:
BUY1925-1928 tp1932-1935
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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 1H 160pipOANDA:XAUUSD
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XAUUSD low risk
EP1=1930
SL=1935.5
TP=1914
R/R=1,2.9
is not financial advice
Gold: In the first line of 1931, it was found that there were fu
After gold completed a wave of rebound and repairs in the trend, the K-line continued to be under pressure on the short-term moving average, and the daily trend continued to maintain a slightly weaker trend. The current price is temporarily supported in the 1930 area. The 4-hour trend is temporarily maintained in a low and narrow range. The current price is temporarily running near the previous support band, but there is basically no rebound. The K-line on the hourly trend has begun to gradually come under pressure, and the short-term moving average may still fall back to a certain extent in the short-term trend.
Operational suggestions: enter around 1931, take profit at 1939.3, target 1930-40 real-time market guidance.
GOLD: stronger US Dollar!Gold price remains under some selling pressure for the second successive day on Tuesday and drops to a fresh daily low, around the 1,931 area during the Asian session. The XAU/USD, however, manages to hold above a three-and-half-week low touched last Friday.
Gold is predicted to stay in a falling wedge
Support zone: 1928, 1922, 1912
XAUUSD: 7/8 Gold Trading StrategyGold trend analysis
It can also be seen on the daily line that this callback has touched the support of the Bollinger lower track on the daily line, which is an undoubted turning point of the market! Then go all out to do more this week! In 4 hours, there is still a need for adjustment at the bottom of gold, but the callback is an opportunity to go long. After the rise on Friday, the callback low was 1937, which was the previous pressure position. After breaking through, it became a support. For further resistance, refer to the position near the 21-day moving average of 1952.70 And the 1960 mark, the strong resistance is around the 100-day moving average of 1968.68. If this position can be regained, it will increase the bullish signal for the market outlook.
Gold operation strategy:
SELL: 1946-1949
TP1: 1940
TP2: 1935
BUY: 1933-1936
TP1:1940
TP2:1945
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: Predict next week!Gold prices rebounded strongly amid mixed US Nonfarm Payrolls report. The new job addition was not as strong as expected by market participants. This makes the price of gold a bit volatile as it is still in line with last week's prediction
Next week's prediction: Gold continues to move sideways around the 195x zone before breaking out and continuing to rise!
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: Gold price prediction today!Based on fundamental analysis, gold price has a very high probability of going up with NFP. But according to technical analysis, gold price is still in a falling wedge, which creates an extremely unpredictable NFP, let's wait and see what surprises gold futures will give us!
Looking at multiple time frames, support and resistance zones work best in the 1900-1952 range. Let's wait and see if these 2 support-resistance zones are strong enough to stop the NFP wave this time!
This is important news and a lot of risk, if you want to enter the trade pay attention to the 1952 zone!
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: 1938 empty orders enter the market, Europe continues to be
Gold has reminded 1938 to continue shorting. The judgment is so accurate. The highest rebound in the early trading was to touch the 1938 line, and then began to fall. Resolutely continue to enter the market directly in 1938. The short order is profitable. The European market maintains the bearish thinking and waits. Profit!
Gold is short at 1938, stop loss at 1943, and stop profit at 1920.
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Gold today support and resistance Fundamental Overview
Gold price is licking it wounds following a two-day downtrend, as the US Dollar has paused its recent upbeat momentum, despite a cautious market mood. Investors turn cautious amidst the revival of the hawkish Federal Reserve (Fed) expectations and fiscal worries in the United States, as they brace for the BoE interest rate decision and key US ISM data and tech earnings report.
An unexpected improvement in the Chinese Caixin Services PMI also aids the Gold price, as China is the world’s biggest Gold consumer. China's Services Purchasing Managers' Index (PMI) rose to 54.1 in July, compared with a 53.9 expansion seen in June. The gauge was expected to drop to 52.5 in the reported month.
Gold sell zone 1933
Target 1928
Target 1925
Target 1915
Gold: bad data, continue to be short
Gold has made it clear that the current price of 1950 in the European market is directly shorted, and the data in the US market is bearish, so continue to hold the short order! Bearish, the US market pays attention to whether 1940 breaks!
From the trend point of view, gold belongs to the shock trend! But in the process of the shock, the center of gravity continues to move downwards, indicating that the bears dominate! Moreover, the non-agricultural data has the opportunity to use the data to break down.
But if there is no 1955 pressure prompted by a breakthrough, then continue to hold it. If the direction is right, you will not be afraid of the long way! Continue to be bearish!
XAUUSD: 2/8 gold operation suggestionGold layout analysis: This morning, gold opened at the 1950 line, rose as high as 1953, and then began to fluctuate and fall. Gold bulls are currently weak. The trend has changed too much in the short term. On Monday, the shock rose slowly to the 1972 line and began to fall back. The decline continued on Tuesday, with the lowest falling to the 1941 line. The current quotation is fluctuating around the 1946 position. Further declines are expected. Be more cautious in handling.
From the hourly chart, gold is still a weak shock, but it is still a bearish shock. According to the trend of the previous two days, it can be seen that the rise and fall during the shock process are all unilateral behaviors, and there is no adjustment form. Friends who haven't entered the market are best to wait and see, don't chase the rise and kill the fall, the wind direction involved is too big to operate.
Back to the topic, gold is currently in the downward trend of shocks, and the strong support below is at 1940, and it should further attack it in the short term. Today, gold fell back around this position again, and if it does not break below, it can do more at this position again. In terms of operation, the main thing is to sell high and buy low, but this trend will test the individual's understanding of the market, otherwise it will be difficult to make a profit.
Suggestions for today's operation:
Around SELL1963-1966.
Around BUY1941-1938.
XAUUSD: 26/7 Gold Trading StrategyGold analysis: The strategy of 1965 short selling on Tuesday found an entry position at a nearby point, successfully made a profit, and the lowest fell to the 1952 line. Fans and friends who watched the strategy also entered the market around 1953-54. Earn a little profit. Judging from the trend of gold on Jinri, it fell first and then rose, and my old prediction is that the strength of the rise is not strong, and it has not broken through the 1970 position for a long time. After the U.S. market, gold has basically stabilized and oscillated repeatedly. The short-term resistance still focuses on the 1967 position. Only by breaking through and standing above 1970 can the bullish situation be reopened, otherwise it will still be dominated by shocks. Today is also the focus on the Fed's interest rate decision in the early morning, and the Asian-European market is expected to tend to fluctuate and slowly rise. Today is expected to be a trend of rising first and then falling. Just follow the old style at will, and sell high and buy low in the short term.
Back to the topic, under the current trend of gold, it has not yet broken through the range-bound shock trend, so in terms of operation, no matter whether we are long or short, we can treat the market trend as a range shock, sell high and buy low.
Today's trading strategy:
SELL: 1970~1973
TP1:1965
TP2:1960
BUY: 1955~1952
TP1: 1960
TP2: 1965
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 retest. A good buying opportunityHello, according to my analysis of the gold market, there is a good opportunity to buy. The market broke the downtrend. We also notice an ascending channel. A very positive green candle has formed on the 4-hour chart, confirming the strong entry of the buyers. All these factors confirm that gold is only for buying. Good luck to everyone