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.
Goldtradingsetup
Gold: Step back in place, and the current price of 1923 will go
Gold stepped back on the support again, the current price is directly higher than 1924, continue to be bullish! The US market will continue to rebound!
The gold down structure is complete! Now we are going to oscillate to build a bottom, and the first-line support at 1923 below is obvious! After rebounding above 1930, there will be a callback, and the fall will continue to increase. Next, it will be bullish around 1945!
Enter more, the US market will continue to be more bullish, and then start a rebound structure, and it will be a level of rising band! Falling back now is an opportunity to do more!
Gold is more than 1923, stop loss is 1917, and stop profit is 1940.
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: DXY and CPI data!The Dollar Index (DXY) and US Yields helped keep Gold on the backfoot yesterday with Dollar strength continuing this morning. The US Dollar appears to be benefitting from a risk-off tone this morning following lackluster data from China as well as Moody’s downgrading a host of small to medium sized US Banks.
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: 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
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!
Xau/Usd Reaches Fair Value.Xau/Usd Reaches Fair Value.
The ExodusTradingDesk has spotted fair price that we believe will produce a potential buy/long opportunity for the precious metal gold.
We will buy the pair should we have a 30min candle close above the identified price zone at 1931 with our target set to 1945.
Use adequate risk management if you are to execute a trade with this analyses.
Enjoy and happy trading! #We are the #ExodusTradingDesk.
XAUUSD: 4/8 Gold Trading Strategy TodayToday's analysis: After the 4-hour chart broke low, it remained horizontally below the broken low point. Due to the approaching data, trading was cautious, and the amplitude space further shrunk. At present, the 4-hour structure is still running in a downward step for the time being, but after the space shrinkage yesterday, it will continue to the transition of the Asia-Europe market today, and the US market will combine with the data to break the deadlock. Looking at gold from the 4-hour line, all indicators have turned short, but they have not entered oversold. The support in the early stage of 1942 has been converted into strong pressure, and the price below this is trending bearish. Pay attention to 1939-1941 in the Asian-European market for the time being. If this position does not recover, it is better to maintain a high-altitude thinking in the short-term, and operate in a downward channel with step shocks. If the downward channel does not recover, the short-term trend will not change.
Gold operation strategy:
Rebound to 1939-1941 short, stop loss 1946, target below 1928.
Step back to 1923-1926 to go long, stop loss at 1920, and target above 1950.
XAUUSD Top-down analysis, NFPUPDATE!!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 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: What happens today?Daily Digest Market Movers: Gold price declines further as economic data misses estimates
Gold price drops sharply after facing selling pressure around $1,970.00 as demand for gold remains weak due to higher gold prices and interest rates.
Fears of more interest rate hikes from the Federal Reserve (Fed) deepen as Chicago Fed Bank President Austan Goolsbee favors further policy tightening despite easing inflationary pressures.
Meanwhile, 10-year US Treasury yields remain subdued at around 4% as inflation remains in check after soft United States core Personal Consumption Expenditure (PCE) data was released on Friday.
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.
Gold: Shocked and closed in the sun, still volatile
In any trend, everyone likes continuity, and the longer it lasts, the better, especially for A-shares, which can only be a market that goes up. A rise means giving money to everyone, while a fall is tantamount to death.
According to the current situation, before the U.S. market, it hit a short position near 1968, with a target of 1954, and bought the 1950-1954 line.
Keep updating and pay more attention
GOLD BUYHello, according to my analysis of the gold market. There is a great buying opportunity. With gold breaking the head and shoulders model. We also notice that the price is trying to break the strong resistance at the level of 1933. The downtrend is as shown in the image. good luck for everbody .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
XAUUSD: 31/7 Gold Trading StrategyGold analysis: trading strategy has won nine trading days in a row, and today I will bring you a new trading strategy
After the Fed raised interest rates, gold returned to the 1980 mark. 1985 was the top of the previous 1940-1985 shock range, or the 50% position of the 2078-1983 Fibonacci retracement. It is expected that the Air Force will launch a counterattack here. In the end, the shorts won, and gold still rushed up and fell back to around 1940. At present, gold shows an M-top shape above 1980, and it also successfully fell below the neckline position of the 1950 mark. However, the rebound repair hit 1964 and was blocked. If this position is regarded as an irregular head and shoulders top, left and right shoulders, it can be said that it has passed, and it was hovering in the 1950-1964 range in the early stage. , Now it is blocked and fell back below 1960. From my personal point of view, it is definitely obvious that gold has peaked in the short term. Both the M-top shape and the head-and-shoulders top shape are bearish.
Today's monthly line is closed, and the current monthly line is falling at a high level. If it can fall below the 1950 watershed today, then the decline will be more clear to continue.
Today's gold operation strategy:
SELL: 1962-1965
TP1:1957
TP2:1952
BUY:1947-1950
TP1:1955
TP2:1960
Pay attention to follow-up real-time trading signals and bring you profits
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
XAUUSD: 24/7 Gold Trading StrategyGold analysis: The strategy shared by gold last week only entered long orders, but the strength of the rise is worrying, and they all oscillated around 1965. In terms of the overall trend of gold today, it has returned to the previous state of shock, but this week's data week, there is the Fed's interest rate decision. Gold will also take a new direction again, and it will be difficult to operate in this state. Two days before the data comes out, it will definitely return to the previous conventional style of play, mainly selling high and buying low. At present, the upper high is at the 1975 line, and the resistance is at the 1970 position. The lower low is 1893. The support position is at 1950. From a technical point of view, gold definitely needs to fall again to consolidate the lower support point. Only in this way can the follow-up rally be smooth, and we will be safe enough when we are long.
Back to the topic, the current trend of gold is weak for bulls, and short positions are relatively active, but they are only active. We still have to look at the bulls. Today's operation is mainly to sell high and buy low:
SELL: 1967~1971
TP1: 1962
TP2: 1957
BUY: 1955~1952
TP1: 1960
TP2: 1965
Subsequent sending of real-time trading signals
GOLD: CB Consumer Confidence!Concerns about a potential recession, the deteriorating relationship between the US and China, and geopolitical risks are dampening the recent positive outlook in the markets. The release of the Purchasing Managers' Index (PMI) data for July has further fueled worries of a global economic slowdown. The survey indicated a widespread drop in business activity in the manufacturing and services sectors of the Euro Zone, the UK, and the US. As a result, investors are turning to safe-haven assets like gold for some stability.
Gold price gains some positive traction during the Asian session on Tuesday and for now, seems to have snapped a four-day losing streak to over a one-week low touched the previous day. The XAU/USD currently trades around the 1,960 level, up 0.25% for the day, as traders keenly wait this week's key central bank event risks.
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!