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.
Goldtradeidea
XAUUSD:Will it fall below 1900 again?
When it breaks through 1937, the short-term downward trend is destroyed, because 1937 is a very important resistance, once it breaks through, it means that the bottom has appeared. I mentioned this issue in the previous article.
At that time, because it was judged that 1937 would not be directly broken, it was short-selling, and the target was 1880. Finally, the market stopped falling at 1893, and then, in the following news, it broke through 1937, and it returned to above 1952 again.
At present, the price has touched the important resistance of 1981-1985. Although there is no breakthrough, we have to be vigilant. If it does not break it (1963-1957) in the process of backtesting the support, it will mean that it will rise again , may go directly to around 2000.
Of course, if it breaks below support, or even falls to around 1943-1939, then we will consider it to form a head and shoulders pattern again, and then fall below 1900.
The number of initial jobless claims will be announced tomorrow. This is an opportunity to choose the direction of the current shock. We only need to focus on these few positions.
At the same time, the month is coming to an end, NFP and some other monthly data will once again bring new opportunities for gold, are you ready to seize them?
You can find me and get more trading signals!
XAUUSD Top-down analysisHello 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.
XAUUSD: 21/7 Gold Trading StrategyGold analysis: Yesterday morning, it rose strongly to the 1987 line and then began to fluctuate and fall back. After the release of the initial jobless claims data in the U.S. market, it finally fell to the 1965 line to form a double support. From the current trend of gold, it can be long or short, but the closing price is around 1969, which shows that the bulls still occupy the home court in a short period of time. But you can't go blindly to see more. The short-term double bottom support below 1965 is not very strong and may be broken at any time. In the short term, the top has reached a key resistance position, and it is difficult to stand on it in a short period of time. At present, the top short-term resistance point is 1975. If the market does not break through, there will be a possibility of a second decline. This position needs to be paid attention to.
Back to the topic, judging from the fact that gold closed above 1965 yesterday, the bulls will remain unchanged in the short term. As for when the adjustment will end, we need to wait for the trend to come out. Today's operating strategy:
SELL: around 1980
TP1:1973
TP2:1965
BUY: 1963-1960
TP1: 1968
TP2: 1975
Continue to pay attention to real-time dynamics
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 Jul 21 Rises To New Heights.Expectations of a pause have negatively impacted the dollar in recent weeks, while benefiting metals markets, especially gold, as the interest rate outlook weakens.
Rising interest rates push up the opportunity cost of holding non-yielding assets, reducing the attractiveness of gold as an investment vehicle. But a more stable exchange rate could spur more inflows into the yellow metal.
BUY GOLD zone 1955 - 1957
Stop Loss :
My taget is: 1965-1975
Note: Installing TP SL fully wins the market and is safe in trading
Gold 21/07 Ambition TP 2000$.Gold prices rose in the Asian session on Thursday, hitting their highest in more than two months as weak UK inflation data led many to bet that global interest rates were nearing a peak, while a weaker dollar also helped.
The yellow metal is currently about $15 away from $2,000 a wish.
GOLD zone 1972 - 1975
Stop Loss : 1980
My taget is: 1968-1955
Note: Installing TP SL fully wins the market and is safe in trading
XAUUSD: 19/7 Gold Trading StrategyGold analysis; The layout of gold 1951 long orders on Tuesday did not give a position to enter the market, and it oscillated back and forth around 1960. Under the support of the data in the afternoon, starting from 1960, it rose all the way to the 1984 line, and then fell back in shock.
Although the current rising pattern has not been extended in the first place, the occurrence of such an abnormal trend of rising and falling has clearly shown that the current market is in a very unstable state. After gold broke through 1964, the short-term short-term will continue this round of gains and continue to attack the upper high point of 1985. Today's adjustment in the Asian market is not very ideal. This is great news for gold bulls. Therefore, the layout of gold will also be based on bullishness. The only problem is that the bottom position has not been established, which makes us add some risk index while being bullish. Although small, it must be taken seriously. At present, we only need to wait for the bottom position to be established, and we can be bullish on gold without any worries.
Back to the topic, gold broke through the 1964 line yesterday and rose to the 1984 line. The uptrend undoubtedly crushed the bears across the board. However, the bottom position has not been established, and it is easy to be trapped if you do long in this time period. So today's gold operation strategy:
SELL: 1983-1986
TP1: 1978
TP2: 1973
BUY: 1971-1968
TP1: 1976
TP2: 1981
(The real-time trading strategy is subject to the latest signal)
XAUUSD: 20/7 Gold Trading Strategy Today
Gold analysis: Yesterday’s gold suggestion was to do long orders in 1971-68. I gave the opportunity to our airport twice. I opened positions in batches around 1975/1973 and successfully won profits.
At present, the trend of gold continues to be high and volatile. It rose to the 1986 position before, and I also made an empty order for the 1985 callback. Gold has risen too much in the short term, and the position of the callback correction is not very ideal. According to common sense, the risk of shorting under such an abnormal trend is still relatively large, but judging from the recent trend of gold, it is very reasonable. At present, the overall trend of gold is bullish. When you operate, you mainly wait for the fall and go long. It is not recommended that you take the risk of making empty orders by yourself, and with the release of data, you must be more cautious in operation.
Back to the topic, the current upward trend of gold is becoming more and more obvious, today's operating strategy:
BUY: 1973-1970
TP1: 1980
TP2: Above 1985
For more trading signals, please pay attention to the follow-up TV updates↓
Gold buyers could see $1900 as a bargainGold futures have fallen nearly 9% since the May high, but there are signs that it is trying to form a base around $1900.Whilst the psychological round number has helped to play a part, it also coincides with a volume cluster in the rally at the beginning of March. We therefore see the potential for a minor bounce at a minimum from current levels whilst prices hold above $1900.
Large speculators remain net-long, although their exposure has been trimmed as prices have fallen. Yet we're not seeing a material pickup in gross-short exposure to indicate a much more bearish outlook from speculators.
Furthermore, softer US inflation data on Friday weighed on the US dollar and helped to support gold - and gold could rise further if we see any weakness in data this week (ISM manufacturing data is out today, challenger jobs and ADP employment on Thursday and of course Nonfarm payroll on Friday).
The highs around $1948 are the initial target for bulls to consider, with the potential for a move towards $2000 if we're treated with a host of weak US data to prompt further calls for the Fed's terminal rate.
A break below $1900 invalidates the near-term bullish bias.
Go long gold now!After last week’s sharp rise, gold temporarily stagnated at the 1963 high. On Friday, the small negative line retraces and corrects. The week’s closing work has not further risen to break new highs. The overall rise has come out of the high volatility after the surge, and there is room for retracement It is not enough to change the bullish structure for the time being, but the continuous exploration of highs without breaking the highs also exacerbates the risk of short-term corrections
Last Friday emphasized that gold fell back in 1950, and the layout was bullish. It was close to the 1963 high point. The position of 1963 has also been reminded many times. Once again, we tried to see 1963 fall under pressure, and we firmly grasped this opportunity
Technically, after the sharp rise at the beginning of last week, gold fell back under pressure at the end of the week in 1963. Up to now, it has continued to run sideways at a high level. During the week, gold temporarily remained below 1963 to see high volatility. It is difficult to get out if the high point of 1963 is not broken. There is room for a big rise. On the contrary, it is more likely to increase the pullback after a high level of stagflation. Last Friday’s drop at the low point of 1950 is the first support, followed by the 1940 mark. Structurally, it may follow the confirmation of the back step and then rise. The key point is The stabilizing support point of stepping back can be decided before the market is combined with the K-line shape of the hourly chart. The support point of the retracement can be deep or shallow, and the weaker retracement should pay attention to the 1940 mark before stabilizing, and arrange the entry point of multiple orders in combination with the pattern retracement in the operation.
In terms of intraday operations, the support point for last Friday's fall was at 1950. For the time being, this point has not been broken, and it also has a certain supporting effect. In case of being short-lived, it is recommended that gold be around 1950 once more, and the target is above 1960; There are many market adjustments in the 1940 area, the loss is 1933, and the target is 15-20 US dollars; the empty order strategy revolves around the participation of light positions below 1963, and it is enough to strictly break the new high and stop the loss to leave the market.
If you don't know how to trade accurately, then contact me and I will give you accurate advice!
Inflation cools down, Fed may raise interest rates for the last In general, inflation data in June 2023 can help the Fed "breathe a sigh of relief". However, central bank officials often focus more on core inflation, which is still well above the Fed's 2% target.
As core inflation remains more than double the Fed's 2% target, traders believe the Fed will raise rates by 25 basis points at its meeting on July 25-26, 2023. However, they think the probability of the Fed raising one more time is quite low, about 25%, down from more than 33% before.
BUY GOLD zone 1943-1940
Stop Loss : 1935
Take Profit 1: 1945
Take Profit 2: 1950
Take Profit 3: 1960
Note: Installing TP SL fully wins the market and is safe in trading
Gold Daily TFI am presently anticipating the possibility of gold surpassing the 1940 mark. Once it achieves this, gold's upward momentum is expected to intensify. Today at 1:30 PM, we have the CPI data, so let's observe the outcome.
Gold has successfully broken out of a bullish flag pattern, and I predict a retracement to the flag's lower boundary, followed by a further upward movement. This will allow gold to reenter the channel and continue its bullish swing.
XAUUSD: Market outlook is still in 1910~1930In the morning, analyze the shock from 1910 to 1930. In the consolidation stage, go long at 1921, TP at 1927, and then short at 1927/1930 respectively. The market is not much different from the trend I updated on the TV public screen and the old post.
If you are short like me, then you must feel that gold cannot go down, and it will stop when it falls to 1926 at the lowest. .
Of course, it is also related to the early closure of the US market, and the market may not fluctuate much.
But have you ever thought about it, if you think differently from the bulls? I also feel that gold cannot go up, because 1930 has always been a hurdle for gold
I also made the reasons for the bearish near 1927 very clear. There is no data today, that is purely technical fluctuations, and when entering the market for technical fluctuations, we must take the initiative to grasp the possibility of 1930 double tops. The decline is very important. Although we may not see too much profit, we can make money as a wave of short-term trading.
Obviously, the current market has not fluctuated to this decline, and I think there is no problem in terminating the transaction before the market closes.
My principle is to leave tomorrow's money for tomorrow to earn!
So see you tomorrow!
GOLD: Long-term developments!It remains to be seen whether the USD bulls can maintain their dominant position or take some profits off the table before the release of the US Core PCE Price Index - the Fed's preferred measure of inflation. Important data is due at the end of the North American session and will impact expectations for future acceleration. This, in turn, will drive demand for USD and provide a new directional impetus for Gold prices, which seem poised to end the quarter in negative territory for the first time since September 2022.
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.
XAUUSD Top-down analysisHello 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.
Technical analysis of gold, how to operate the US market?Looking at gold on the daily line, the relative strength index (RSI) fell to 40, reflecting a bearish bias in the near-term outlook. Gold may face strong resistance at 1940, which is the confluence of the downtrend line and the 100-day moving average. Looking at gold from the 4-hour line, with the relative strength index (RSI) line at 14 recovering from the overbought area, gold prices are approaching the support line from a month ago. A looming bullish crossover on the moving average convergence and divergence (MACD) indicator added strength to gold's corrective rally. On the whole, it is recommended to rebound and short in the evening gold operation!
Gold evening operation strategy:
Empty order strategy: It is recommended to go short at 1932-1934, stop loss at 1941, and target around 1918;
Multi-single strategy: It is recommended to go long at 1918-1916, stop loss at 1910, and target around 1930
Detailed daily trading signals can contact me to get! I wish you all a great and profitable new week
Gold trading recommendations today
Gold 1913 direct multi
For today's gold, first of all, today is the last trading day of this week, be wary of short profit-taking. Secondly, with the continuous decline this week, there is also a demand for rebound in the short term. Thirdly, judging from the 4-hour chart of gold, the current 1910 area below has met obvious support, and there is also a clear rebound signal in form.
Trading straregy:
gold: buy@1913 tp1:1925 tp2:1930
Next, there will be a lot of trading opportunities for gold, and I will provide you with more signals, don't miss the opportunity to make money!
Gold is up 40% today6.20 Gold market trend analysis:
Gold closed yesterday in a narrow range, the daily line entity is not large, the star K line closed. In the short term into the contraction shock, yesterday due to the early closure of the holiday market, the space to further shrink, the technical structure temporarily entered the contraction of the Braindao oscillating operation. On Monday, the overall volatility of gold was smaller and went downward, recorded a bardo, on the daily line, gold is currently holding in the slow consolidation of the downward channel, the high point gradually moved down and may form a downward triangle, which suggests that there may be continued downside space on the daily trend. In the trend of the 4-hour level, the K line continues to bear the short-period moving average, showing a weak operating trend. Although there was a small rebound in the morning, it was not strong and had been repaired in technical form. Therefore, in the short-term trend, gold still shows a weak tendency.
The hourly line shows a clear return of the interval, and the early positive line in the daily line structure indicates that the market has a certain resistance, but the rebound height of the positive line is still limited by the suppression area. After the second correction of the market, the market still has downward expectations. The Breindau upper track coincides with the upper track resistance 1970 of the recent oscillation zone. Down the track around 1932. A few trading days before the beginning of this week, the large probability is to maintain a range of shocks, and can not see the momentum of breakthrough for the time being. There is no shock trend of breakthrough kinetic energy, and the unilateral quantity is insufficient, which will form repeated sawing and washing disks. Operation on the card point is the key. The direction is second. Short line grasp on the rail empty rail. Try to stay close to the edge of the range, and the stop loss level is relatively small, which also reduces the possibility of being washed. Today, gold has a further pullback risk, short-term above the focus on ma5 pressure is near 1953, the price is expected to rely on 1953 resistance to test 1938 and lower support. The lower support area is concerned between 1940-1930, in summary, today's gold short-term operation ideas suggest that the rebound is mainly short, the callback is supplemented by more, the above short-term focus on 1958-1960 resistance, the below short-term focus on 1940-1938 support, friends must keep up with the rhythm. To control the position and stop loss problem, strictly set the stop loss, do not resist single operation. The recent market turbulence is large, opportunities and risks coexist, and risks are controlled
Strategy one: Gold rebound around 1952-1955 batch short, stop loss 1961, target near 1940-1935, break to see 1930 line
Strategy two: Gold callback near 1930-1932 batch long, stop loss 1924, target near 1940-1945, break to see 1950 line (recommended for reference only, the actual operation according to the real-time operation of the disk)
XAUUSD:Short-term bearish within the day, and then rise againGold suddenly rose rapidly in the short term. The price of gold has now risen to around 1956. In the Asian market, the price of gold once touched a level around 1945. The price of gold has successfully touched our first target price of 1945. Waiting for the price of gold to fall below this level will confirm that the price of gold will continue The corrective bearish trend and fell to the next target 1913.
I continue to predict that the price of gold will be in a bearish trend for some time to come. From the 4-hour chart, the price of gold is below the 50-period exponential moving average (EMA), which supports the bearish expectation.
It should be noted that if the gold price breaks through 1956 and continues its upward trend, this may push the gold price's intraday outlook to turn bullish, and rise to the key resistance 1977, and then try to fall again.
The timing of long-short operations around 1956 needs to continue to pay attention to the follow-up trend
Intraday real-time trading signal follow-up update...
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.