XAUUSD:8/1 gold market analysisGold technical chart daily pressure is 2053, with support below 2040-2000
Four-hour pressure 2053-2063, support below 2000
One-hour pressure 2044-2053, support below 2024
Operational suggestions: Gold NFP first fell and then rose on Friday. After breaking through the 2030 line, it began a substantial counterattack, and after touching the early decline point near 2063, it began to fall back. There was a large-scale sweep of long and short markets. Today, we will continue to pay attention to the 2040 dividing line at the hourly level. The price will continue to go long above the long-short dividing line and go short below!https://www.tradingview.com/x/a2OrCW1c/
You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
Goldtradingsetup
Gold's decline remains unchanged, 2035 is directly shortThe current short-term trend of gold prices is still in the stage of shock and decline, but the mid-term trend decline has basically arrived. The closer the gold price is to the support of the 2000 mark, the more hesitant it becomes. The daily K has closed a long lower shadow, but for the key support of the 2016 mark position, it is expected that it will dip again in the day and then stabilize before considering starting a new round of counterattack. In 2035, we are short-term and bearish on the decline!
Technical analysis shows that the current short-term pattern is fluctuating and falling, with lows getting lower and lower, and highs also showing a downward trend. The current upper pressure is at the 2037 line. From a morphological point of view, short-term shorts have a clear advantage! Similarly, when the price of gold fell below last Friday's non-agricultural low of 2024 yesterday, the previous hold on short orders was released, and the market triggered a short-term short-selling sentiment. The price of gold further supported the downward adjustment and reached the 2016 line, but its decline The trend will not stop here. If gold wants to rise significantly, it must first form an effective reversal pattern! Therefore, the gold price will return to test the validity of the point near 2016 during the day. In terms of operation, just go short if it rebounds!
Trading straregy:
Gold is short at 2035, stop loss at 2042, target at 2020
Tuesday: Gold trend analysis, focusing on 2020~2040Gold fluctuates widely and there is no unilateral long and short wash. Today's trading also needs to enlarge the amplitude range. The trading idea still remains high and low. The daily chart closes negative and suppresses 45/52 below the MA10/7 daily moving average. The short-cycle hour chart and four-hour chart The reference is of little significance. There are very few technical market components. For short-term charts, you can only look at the Bollinger Bands channel. The middle rail is suppressed by the 2042 line, the lower rail is by the 2020 line, and the upper rail by the 2052 line coincides with the MA10 daily moving average.
The unilateral downward trend of gold means that it is short when it rises. Although the price of gold rebounded by 15 US dollars in the evening, it still cannot change the unilateral downward trend. Today, it continues to be short under the pressure of 2040. As can be seen from the hourly chart, the price of gold continues to decline, and rebounded strongly yesterday, but it is still subject to the 2040 pressure level, so it continues to be short today.
It used to run above 2040, but now it has been running below the 2040 pressure level. Before there is an effective breakthrough of 2040, the short position will be carried out to the end. The market is changing, and you can definitely use the same methods to win the changing market.
Pay attention to the 2019-2022 support below
Focus on 2040 resistance above
Monday: Gold focuses on the range operation from 2045 to 2020Gold (XAUUSD): Last week's non-agricultural data was released, which was significantly negative for experts. Gold took advantage of the trend and saw a wave of washouts, with the amplitude reaching $40.
Today opened at 2046, this position became today’s highest point, and shorts came all the way to 2030! On the daily K, the cross K was closed in a row, and the 2045 position formed a key pressure level, which was also the watershed position today morning. According to the general trend, we should not think about going against the trend. If it touches the 2045 position today, we can enter the market for the first time to open the short position. If the 2020 position support is not broken strongly below, you can still go long!
Please see later updates for accurate real-time signals.
WOULD YOU BUY OR SELL FROM ($2027-$2032)?The technical analysis suggests a bearish trend with $2026 - $2030 yet shows as a strong Resistance .However ,the current price action continuously trying to shatter the $2017.72
2020.16 pivots points for completion of first bearish cycle moreover,$2025.21
-$2027.82 are the R1 &rR2 points which are meant to be tested if gold makes a reverse tail to shows some fake trend changing candles. Furthermore, the $2005-$2008 are expected to achieved with in the next session. Consequently DX shows some other moves as the recent NFP pullback was unexpected but i was an instant reverse for refiling Non commercials .
This outlook is contingent on the U.S. Dollar (DX) experiencing a relief rally.(Commentary)
Gold falls back to support 2030, buyMarket analysis:
The overall trend of gold is upward, and the non-agricultural data has pushed up and down, digesting the pressure from above and breaking out the support below. Today, we are going long with the trend. The pressure on the non-agricultural peak of 2063 above is no longer pressure but the goal of this week. This week, 2063 will definitely be stepped on.
The market continued to fall before the non-agricultural data, and the non-agricultural data directly accelerated the decline of gold, completing the last accelerated decline, and the correction ended. This is why gold can violently rise after the non-agricultural data. Rapid decline, all the bad news, gold hit the bottom, 2030 first-line long position
Specific strategies:
Buy gold in 2030, stop loss in 2022, target 2045
XAUUSD: 4/1 Today’s Market Analysis and StrategyGold technical chart daily pressure is 2053, lower support is 2040-2000
Gold technical chart daily pressure is 2053, lower support is 2040-2000
One-hour pressure 2053-2069, support below 2040-2030
Operational suggestions: Yesterday, the technical aspects of gold fluctuated slightly in the Asia-European market and reversed under pressure at the 2065 mark, ushering in a unilateral downward trend and breaking the bottom. The extremely weak downward trend in the European and American markets successively penetrated the two integer marks of 2050 and 2040 (but the daily line did not close at 2040 below), which temporarily indicates that the short trend has not yet been confirmed, and today’s trading will focus on the long-short boundary 2040
BUY:near 2043
BUY:near 2053
SELL:near 2065
SELL:near 2039
XAUUSD:5/1 Today Analysis and StrategyGold technical chart daily pressure is 2053, with support below 2040-2000
Four-hour pressure 2053-2069, support below 2040-2030
One-hour pressure 2053-2069, support below 2040-2030
Operational suggestions: Yesterday, the technical level of gold closed near the 2044 mark on the daily level. I have said before that the 2040 mark is the long and short watershed on the daily line. Today, we still focus on the 2040 watershed to make orders. If the entity breaks the position, it will mean that the short trend has officially started.
BUY:near 2043
BUY:near 2055
SELL:near 2039
Friday: Gold is in a downward channelOn Thursday, U.S. ADP data came in much stronger than expected. The good data has brought new confidence to the U.S. economy and also caused a huge impact on the precious metals market. This month's NFP will be announced in the day, which will also be the highlight of today. Before the data is released, it is expected that gold will not fluctuate too much during the day, and more sideways shocks await the release of evening data. From a technical point of view, the daily line closed a small positive bar yesterday, the Bollinger Bands opened, and the KDJ indicator crosses and increases volume. At present, the general trend is upward, and the midline is rising in stages. From the 4-hour chart, the Bollinger Bands are opening, and the KDJ indicator is golden cross with heavy volume. In the hourly chart, the Bollinger Bands have begun to open, and the KDJ indicator has increased its golden cross. Yesterday, the price still mainly rebounded and corrected, with the lowest reaching the 2036 line, the third support level we gave. Today, we will focus on the upward shock. The upper pressure will focus on the 2050-2060 line, and the lower level will focus on the 2040-2030 support.
Personal suggestion: go long on callbacks; dividing line: 2040
Strategy reference: It is recommended to go long in 2030/2035
GOLD H4 / NEW TRADING IDEA ✅Hello Traders!
This is my idea related to GOLD H4. I see a good opportunity for a SHORT TRADE from the OB.
As a take profit, I see the price of 2015.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
____________________________________
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Will Gold rally next week?Gold fell a whole week last week from Monday all the way to the daily line around 2030 to stop falling Friday formed a rapid rebound Friday's rebound is mainly because of the impact of non-agricultural data after the long and short game! Last week we captured 3 times the market profit! Starting Monday, we sell in 2075, Tuesday in 2064, Wednesday in 2049, Thursday in 2048, Friday in 2040, and then in 2030, we reverse many orders and sell again! Let us firmly grasp the triple profit!
Last week, several times tested the pressure position of gold 2050, the main theme of the gold market is currently on the bearish side, and now the price of gold into 2043 will it form a repair counterattack next week or continue to fall?
If you want to know, you can contact me on my home page with my contact information!
In short, next week will be a very profitable week! The market will give a very big market next week! At least 3x profit margin! If you want to grab next week's profits instead of burning your own account I suggest you contact me directly!
You will see from the historical record that my professional analysis never brags about giving everyone trading signals in advance which makes a lot of my followers a lot of money and my trading signals are free!
Call me if you want me
GOLD breakout buy setupGold has been on a steep rise for the last weeks and I believe it is ready to break out the big resistance zone that is has been holding on to for a while now. I will be looking for a retest of this big zone and only then I will be looking for buy entries.
Let me know what you think!
Gold, Still unclearJust a quick snapshot of a SMALL piece of the previous analysis I did with one addition (yellow tag)
Looking at gold as of present I'd be honest I cannot see why anyone would feel safe to buy at this time
HOWEVER - I also cannot build a strong enough case for a SELL TRADE either as the momentum isn't that bearish to say that you can quickly enter and make some quick profits via a scalp type trade
In my opinion looking at the turquoise zones (next zone where liquidity might be) I feel like I need gold to target and demolish those zones first before we see buy conditions return - and my reason for this is simple
If gold had the liquidity to buy - IT WOULD BUY!, right? The fact that it isn't buying suggests that it doesn't have what it needs and is seeking it out. The real question is - "where might it find what it needs?"
Enter turquoise zones lol - pay close attention to the bull trend over to the left (turquoise line). A bull trend in a bull market? It's almost like the dealer wants you to buy, it's so evil...it's genius!
So induce buyers to buy, stop them out by selling below where they bought, and then actually buy? Maybe - What do you think?
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OR
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If you genuinely disagree..I have no problem with a downvote, but please leave a comment as to why you think otherwise. This will allow all of us to grow and get better together
Link to previous analysis is here -
Godspeed folks
Thursday: Gold remains under pressure to fallGold has fallen below the 2050 long-short watershed and started a downward trend. Relying on the rebound pressure of yesterday's US market, gold will continue to be short and bearish at the 2048 position. The target below will focus on the support of 2030!
Looking at the golden hour chart, the downward trend has begun, and the second period of decline is very strong, and the decline will continue! However, after the sharp drop, the market is also expected to fluctuate and adjust, so today's Asian and European market will most likely fluctuate within the range of 2048-30, and then start a new band of decline after the shock ends!
The rebound relied on pressure to short gold. After breaking the level, 2050 became the key resistance for this rebound. As long as the rebound encounters resistance today, this pressure position will continue to be short!
suggestion:
2030-2033 long
2048-2050 short
GOLD XAUUSD Technical Analysis and Trade IdeaIn this video analysis, we closely examine GOLD. We've identified a break below a prior low, indicating a downtrend. Considering the ongoing weakness in the British pound and the prevailing strength in the Swiss franc, I'm considering a potential selling opportunity for XAUUSD.
At present, the price has retraced significantly into a critical resistance area. As highlighted in the video, we're anticipating a possible rejection and move downward, especially around the New York open, provided the conditions discussed in the video align.
It's important to emphasize that this analysis is solely for educational purposes and should not be considered as financial advice.
XAUUSD: 2/1 Today Analysis and StrategyGold technical chart daily line upper pressure 2088 and lower support 2053-2040
In four hours, the upper pressure is 2069-2088 and the lower support is 2066.
One hour upper pressure 2073-2080 lower support 2066
Operation suggestions:
Gold is currently consolidating in a range. As shown in the figure above, go long above 2069 and short below 2066.
Long order: long near 2069
Long order: long around 2040
Short order: short around 2065
You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
XAUUSD:3/1 Today’s Strategy and AnalysisGold technical chart daily pressure is 2088, support below is 2053-2040
Four-hour pressure 2069-2088, support below 2053-5040
One-hour pressure 2069-2073, support below 2053-2066
Operation suggestion: Today, focus on 2053/2040 below. Try to go long at this position. If the 2040 mark is broken, the short trend will start. Just continue to go long above the 2066 mark above.
BUY:2066 near
BUY:2040 near
SELL:2065 near
Wednesday: Operation between 2055~2075Gold adjusted and closed again with a small negative structure, and the U.S. index continued to rise. Gold and silver rebounded high. Gold fluctuated widely yesterday and rose sharply during the day. The European and American markets formed a surge and fell back to adjust downward and penetrated 2060 in late trading and fell to a low near 2055. The daily line closed continuously negative and tested the MA10 daily moving average support close to the 53 line. The short-cycle four-hour chart and hour The price in the chart is running in the middle and lower rails of the Bollinger Bands. The central axis of the RSI indicator is below the 50 value. The moving average system maintains its opening downward. The MA10 is suppressing 2066 on the 10th. The US index continues to rise strongly and maintains a strong closing. The daily line is positive, which has a certain impact on gold and silver. suppress. Gold trading today is mainly selling at high prices, followed by buying at low prices.
Yesterday's gold market trend was consistent with my prediction. It fluctuated within the range, with 2075 short and 2070 short respectively. It fell as expected and profited! Now that the market has fallen to the support below, it’s time to start going long! Rely on the support of 2055 to go long in early trading!
Looking at gold in 4 hours, the general direction of the shock trend after the rise remains unchanged is the bullish trend! The watershed between long and short is the 2050 position. Only when it truly falls below 2050 will the downtrend begin! Now the market continues to fluctuate within the range of 2055-2075. It is now exactly the 4-hour Bollinger lower track support position, and there is a rebound expectation! Gold relies on the support of 2055 to go long, and the top continues to pay attention to the pressure of 2075! For the time being, sell high and buy low within the range!
Complete signal 👇
XAUUSD: Today’s analysis on 29/12, 2061.5 is the dividing lineThe day before Christmas, the last rising point last Friday started at 2061.5. Today, it can only continue to fall if it falls below 2061.5, so it was as low as 2061.9 just now. This position will definitely rebound, so the market is now at the dividing line. It can go up or down
Gold technical chart daily pressure is 2100, with support below 2066-2040
The four-hour pressure is 2100, and the lower support is 2069-2066
One-hour pressure 2073-2080, support below 2066
✅Operational suggestions: The 2040 mark is not broken, the 4H chart is still in a bullish trend, and the upper part is suppressed by the resistance of 2073 and 208
SELL:near 2080
SELL:near 2073
BUY:near 2054
BUY:near 2040
You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
GOLD so far for 2024Hey guys good morning, what is up - happy New Year, I was supposed to produce an analysis yesterday but I had other business to attend to as I have other things I do to make money (let's be honest - it doesn't matter how good of a trader you are, it isn't safe to put all your eggs into THIS basket lol)
That being said however I wish you nothing but success for 2024 and beyond.
Let us begin the analysis on gold thus far
Thus far on the m15 timeframe it seems that gold hasn't had much going on since my last trade mid December
I will however say that gold in my opinion is still very much a bullish market - with this in mind however gold ISN'T buying - WHY?
Let me explain..
So we know we cannot use the current monthly candle as there are literally 28 days left before that candle closes, anything can happen between now and the YEAR of January lol (for those of you who spent all their profits of last year over Christmas lol)
The previous monthly candle however makes sense that it is consolidating because typically after a big push you will get the market go into a state of consolidation to begin the new cycle and by extension new trap
Keep in mind however hold is still trading AT and I'd argue above the previous high that would have been broken (see image below)
On the weekly timeframe we can see again we cannot yet trust the current weekly candle as it has a little while again before it closes - it does however suggest a bear move - I'd explain why I think this is possible shortly
The previous weekly candle also speaks to a possible bear move - the fact that there is a heavy rejection on the previous weekly candle in a bull market doesn't make a lot of sense UNLESS the market CANNOT go up further without come back down for something first - maybe? right?
Looking at the daily timeframe we can see that the last day for 2023 closed as a bearish day - why? maybe this is to induce sellers so that sellers can come in and push price lower
But why? Why would the dealer want to have sellers become interested? Why would he want the seller to try to push price down? Because I believe there is something down below somewhere and the sell is to get price to achieve that level - that is the ONLY thing that makes sense to me
The 4 hour is very interesting because looking at this green zone we can see over to the left there were a lot of sellers interested at that "resistance". They sold and sold until they were eventually stopped out - the buyers then quickly became interested. This makes sense as gold is a bullish market for sure.
But then (presently) the buyers that recently became interested were stopped out by this bear push - I think however that gold isn't ready to resume buys yet because it is staying at this lower area a bit to long for my liking. Actually As I am typing this price is consistently pushing lower. The only thing would give me confidence that gold is ready to resume buys is if it heavily rejects the downside and in my opinion it hasn't arrived where the big chunk of liquidity is just yet (see next image)
When you observe the 1 hour time frame we can see that there was a bull trend that formed over a few days - this would have surely induced buyers - in a bull market the market wants to buy (duhhh, obviously) but the question you have to ask is - "does the dealer want the buyer to win alongside him?" 11\10 times the answer to that question is a big FAT NO!
So it makes sense to induce the buyer to buy then to stop them out by driving price lower back to hit their stop losses. The areas highlighted are where I think the next chunks of liquidity are trapped. We can possibly see price hit one of these areas before resuming the buy.
The real question is - "do I think it is worth it to try to sell gold in hopes that it gets to one of these levels?" No, I don't think it is worth it. But not because of the market structure I have outlined here. More so due to the time of the year. I think the market is still pretty volatile from the holidays.
I think waiting a few days to see what happens - at least if more momentum comes in first is the better play here. This shows not just I know what I want to see but it shows discipline as well. I am not to eager to find a trade. I prefer the trade to come to me
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Leave a comment telling me how you feel about the new year so far to let me know that you've read this entire post
Gold falls back on support and continues to be bullishMarket analysis:
There is still no sign of a sharp decline in gold. High fluctuations will be the main trend. Currently, the price of gold is still running within the previous rising trend line. Although it regrettably fell yesterday, even so, yesterday was still in a state of shock overall! As long as the current trend remains unchanged, I am willing to buy again today! Let’s look at the rebound within the day!
From a technical point of view, the price of gold is still in an adjustment trend. Even though the daily line closed yesterday, the high point of the daily line has exceeded the high point of the previous day. While it was turbulent, the market began to turn bullish! At this moment, we are waiting for the gold price to reverse and rise. This not only requires a forward-looking vision, but more importantly, we must have the confidence to make our own judgment!
A failed trader is doing the current price most of the time, while a successful trader is always doing the phenomenon! If you want to prepare for a rainy day, avoid danger and understand the root cause! During the day, focus on the bottom support of 2057 for long positions, and the pressure on the moving average near 2067 on the top!
Trading signals:
Gold 2057 buy, stop loss 2052, target 2075
Gold pulls back to 2065, continue buyingMarket analysis:
Gold has pulled back after rising today, and now the support of stepping back on the trend line is still valid. If gold wants to maintain this volatile rising pattern, it will definitely move towards the previous high of 2088 in the short term. Bulls will still have enough profits in short-term operations. There is space, so we can buy after waiting for the correction.
From a technical point of view, the current one-hour upward trend remains intact. Go long on dips during the uptrend. Making money is so simple. Here, there are no ambiguous ideas and strategies, only sharp points and goals! Trading is like sniping, waiting for a better opportunity to appear, and when the opportunity arises, rush in with a heavy position without hesitation. This kind of rhythm of keeping up with the money can only be completely replicated by trust! The market is messy, and bulls and bears are everywhere. If you can't stand firm, it will be difficult to figure out the way forward in the messy market! The bullish thinking remains unchanged today, and we are waiting for gold prices to return to the trend line support to go long near 2065!
Specific signals:
Buy gold at 2065, stop loss at 2055, target 2080-2088
XAUUSD | NEXT MOVE H1 TimeFrameXAUUSD | NEXT MOVE H1 Time Frame
Happy New Year to Trader Community
Our First Analysis of First week
Gold Expected to be fall .Last year on the new year of new month gold be in bearish
We Properly describe the Levels and its interconnected with the past prediction 2089 - 2084 - 2081.00 its Resistance part and 2062.00 - 2055.00 - and 2049.00 as a Support
Green part indicates that gold should be move in this region
Cheers ..