I am a gold buyer. follow me!
Gold is bought at 2332-2336.
The short-term target is 2348-2355. If this position breaks through and stabilizes, move the target upward to 2365-2380 until above 2400.
The short-term lower support position is 2319. If it falls below. Look at the strong support of 2300.
Follow the trend. and boosted by news. Weak US dollar trend. Risk aversion is heating up, and all aspects of it are affecting it, making it the best time to buy gold. It’s good for buying gold.
For traders who don’t know how to operate, traders who continue to operate in the opposite direction, and traders whose accounts have suffered huge losses, remember to leave me a message to receive detailed trading signals.
Goldtrend
GOLD XAUUSD Bullish Heist plan to make 💰🤑 moneyDear Gold Robbers,
This is our Day Trade master plan to Heist Bullish side of GOLD mines. My dear Robbers U can enter only in Moving average pullback i mentioned, Our target is Red Zone that is High risk Dangerous area.My dear Robbers please book some partial money it will manage our risk. Be safe and be careful and Be rich.
Loot and escape near the target 🎯
I started looting on Monday and I have been looting inside the gold mines until now. Please refer my old ideas. make money take money 💰💵
GOLD XAUUSD Bullish Robbery OngoingDear Gold Robbers,
This is our Day Trade master plan to Heist Bullish side of GOLD mines. New traders enter after the white colour MA breaks I have mentioned in my plan, Our target is Red Zone that is High risk Dangerous area.My dear Robbers please book some partial money it will manage our risk. Be safe and be careful and Be rich.
Loot and escape near the target 🎯
I started looting on Monday and I have been looting inside the gold mines until now. Please refer my old ideas. make money take money 💰💵
🔥GOLD STARTS CORRECTION✅✅Gold followed the pattern of big opening and closing after the U.S. market on Wednesday. After the CIP data was released, gold fell rapidly, hitting the 2319 line as low as possible. Then the market began to shift from extremely strong to weak.
Judging from the trend of the 4-hour chart, this wave of adjustment of various indicators has just begun, so there is a high probability that yesterday's pullback has not been in place. If today's news is confirmed to be negative, the decline in segment C will begin. In terms of indicators, from the perspective of macd, the kinetic energy column at the daily level has begun to shrink, and the fast and slow lines are preparing to form a dead cross, while the 1-hour chart shows that it is already below the 0 axis, and is expected to form a further dead cross. Once the current gold breaks a new low, it will test the support of the 2300 integer mark in the future, and even a deep drop to 2270 is possible.
The price of gold is currently showing a volatile downward trend. With the formation of the dead cross of the moving average, the momentum of the bulls has been significantly weakened. The target of the shorts today will be below 2319. The only thing to pay attention to is the support of the 2320 area below. If the price can successfully break through this level, the short sellers will accelerate their downward trend!
On the whole, today's short-term operation of gold recommends mainly shorting on rebounds, supplemented by longs on callbacks. The top short-term focus will be on the 2342-2346 resistance range, and the bottom short-term focus will be on the 2300-2305 support range.
Already made a profit of 12K, insist on shorting goldToday’s gold trading conditions are as follows:
1. Xauusd:@2340-2342 Sell, TP:2328 Profit: + $3708
2. Xauusd:@2341-2345 Sell, TP:2336 Profit: + $8609
In gold trading today, I repeatedly relied on the 2340-2345 resistance area to short gold, and hit my expected target positions of 2328 and 2336 respectively.So far today, I have made a profit of more than FWB:12K in short transactions, and successfully won 9 consecutive victories.
Judging from the current structure of gold, the recent lows of gold have been moving downwards, and the short-term rebound has been blocked. Gold has been under heavy selling pressure near the upper trend line. Even with the support of news in the short-term, it is difficult to finally reach the previous wave high point of 2347. . Compared with the previous rebound amplitude and intensity, it will obviously be much weaker now.
Therefore, even if gold is currently testing the 2350 mark again in the short term, if gold does not retrace to test support to confirm that gold continues its upward trend, then gold may fall back again after touching the 2350-2355 area. Therefore, in gold trading, you can try to short gold near the 2350 position in small batches, TP: 2342-2340.
I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
The early rebound continues to be bearish!Gold's rebound in the U.S. market yesterday seemed a bit strong, but soon began to weaken and come under pressure. Gold was directly short at 2179, but gold still fell. It harvested a wave first, and continued to be short after today's rebound.
Gold's 1-hour moving average has also entered a dead cross short position, and after gold's 1-hour inverse V reversal, gold rebounded very weakly. When it rebounded, it came down. There are many resistances above. Yesterday, the US market only rebounded to around 2181, and it rebounded to 2181 in early trading. Continue to go short on the next rallies, and you can go short first on the rebound near 2178. After rising from highs and falling back, gold will fluctuate first if it does not fall directly. It is difficult to rise directly for the time being.
The market is changing rapidly, and the market conditions are all current. Trade your plan and plan your transaction! Since gold rebounded weakly and was suppressed by short sellers after rising high, we will continue to be bearish. Now it is just a relay of the decline. Gold continues to be weak and will usher in greater space.
GOLD-range trading
The U.S. Department of Labor's Bureau of Labor Statistics said on Wednesday that the consumer price index (CPI) rose 0.4% month-on-month in March, the same as February's increase. Gasoline prices rose 1.7% in March after rising 3.8% in February. Housing costs, including rent, rose 0.4%, the same increase as February. If Fed officials were leaning toward a rate cut at the start of the year given last year's rapid decline in inflation, the minutes showed the weight of the evidence may be shifting. Current market forecasts indicate that the probability of keeping interest rates unchanged in May is 96.8%, the probability of keeping interest rates unchanged in June has risen to 81.1%, the probability of keeping interest rates unchanged in July has risen to 55.1%, and the probability of cutting interest rates in September has also increased. Only 68.6%. Today, Thursday, pay attention to the changes in the number of initial jobless claims in the United States and the performance of PPI data in March, pay attention to the speeches of Federal Reserve officials, and pay attention to news related to the geopolitical situation in the Middle East.
Yesterday I emphasized that this CPI data is expected to be positive for the US dollar and negative for gold, so you will make profits by following the trend. However, gold is still an upward trend under risk aversion, with a maximum of 2352, and is currently fluctuating repeatedly.
We need to pay attention to this trend. I have also reminded that gold has entered the overbought risk zone before, but we cannot blindly guess the top. Without breaking through 2365, we will temporarily use 2365 as the resistance point. From a technical point of view, yesterday the daily gold line finally It ended gold’s continuous upward trend, but it has not yet fallen below the 10-day line and is still in an upward trend.
Gold is still on an upward trend for the time being, but today gold may fluctuate in a range. The 4H cycle is an obvious closing performance. 2318 is a double bottom and an important support point for the Bollinger Band.
The large range of gold today is 2318-2365, and the small range is 2318-2352. You can try to trade within the above range, set the SL, and control the position, you can increase your probability of profit.
Follow me in trading, your success rate will be greatly increased, join me and contact me
XAUUSD: Wait for gold to rebound and continue sellingThese past few days, I've been consistently pointing out that gold has reached its peak, and today is no exception. I'm preparing to sell again at the rebound high around 2342-2340.
From a technical perspective, the current hourly moving average for gold has started to turn, and the MACD indicator has formed a death cross pattern. Additionally, it has already broken below the support of the dual moving averages and is being suppressed by a downward trendline. The fact that it rebounded this morning to 2346 and then fell under pressure again indicates a high likelihood of continued oscillation and decline. So, we shouldn't rush; instead, we should patiently wait for the rebound to around 2340 before selling again.
After each market movement, it's a baptism for those involved. Some are overjoyed, while others are once again taught a lesson by the market. Market trends change in an instant; sometimes, within a second, the trend can shift. That's why it's crucial not to be stubborn. If you're wrong, don't stick to it stubbornly. As the saying goes, "If you leave with a green mountain, you won't worry about firewood."
Lately, gold has been oscillating within a large range without a clear one-sided trend. In the past few days, gold has been fluctuating back and forth. Since it can't break new highs, it's likely forming a topping pattern at high levels. Additionally, short-term indicators are starting to turn bearish. After the market's turbulence settles, a major trend will emerge. Once the major trend is established, we'll continue to thrive with the prevailing trend.
2340 short gold fell as expected, continue to shortDear friends, this morning we shorted gold at 2340, and successfully touched TP: 2328, thereby winning our first win today and making a huge profit!
According to the current trend of gold, as gold fell below the rising trend line multiple times yesterday, the momentum of gold bulls gradually declined, and gold currently maintains a volatile downward trend in the short term. On a technical level, candle lines continue to test lows and are suppressed by short-term moving averages. Even after touching support, the rebound strength is much weaker than before, so in the short term, relatively speaking, I still focus on shorting gold on highs. .
On the whole, gold has been oscillating back and forth in a large range recently, with no real unilateral trend. So even if I focus on shorting gold on rallies in gold trading, we must also pay attention to the trading rhythm, once the trading rhythm cannot be accurately grasped, it is easy to suffer losses in long and short transactions. At present, we focus on the resistance area of 2340-2345 at the top and the support area at 2320-2315 at the bottom.
I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
Gold rally remains bearish unchanged
The price of gold tonight is also in line with the expected trend. Affected by the initial jobless claims and PPI data in the US market, the data is a small profit. At the same time, the gold price has risen in the short term in the early US market, but combined with technical Based on the overall analysis, due to the heavy selling pressure near the upper trend line, the short-term still cannot hold on to the high point of the previous wave of 2347. At the same time, when the US market starts to rise, we also execute the short selling plan at the 2342 line, and the short orders are also entered. With the cooperation of the market, the short-term rapid dip reached 2334 and the profit was taken at US$8 to exit! Gold is still showing a volatile downward trend recently, and it rebounded again in the evening and continues to be short!
specific strategies
Gold is short at 2348, stop loss is 2356, target is 2330
Gold has reached a short-term peak, how to trade?
Gold has fluctuated at $20 for three consecutive times and several roller coaster fluctuations. This kind of trend is really difficult to grasp. It is most taboo to chase the rise and fall. However, the overall K-line has peaked and once rebounded to around 2351, but it is still It fell below the support level and reached around 2330. The K-line has come to an end and a fall is inevitable.
The golden four-hour line shows a head-and-shoulders top pattern, and the continuous large negative line entities cover the positive line. The current strength has been reversed downwards.
Trading strategy: short gold 2342, stop loss 2350, target 2300
XAUUSD: 9/4 Today’s Analysis and StrategyGold was helped by central bank buying and geopolitical tensions, with strong economic data failing to dampen the metal's appeal.
In recent times, the price trend of gold has attracted much attention, and today the price of gold hit a new high again. Gold has had a meteoric rise over the past two weeks or so. Still, a generally positive tone for equities amid easing geopolitical tensions in the Middle East limited further gains for the safe-haven metal amid extreme jitters on the daily chart.
Ahead of this week's U.S. CPI data and the Federal Reserve meeting minutes, some bulls may choose to take profits and trigger a short-term correction in gold prices. Now that the gold price has strongly exceeded the 2350 mark, it is expected to rise towards the 2380-2400 area. There are few economic data on this trading day. We will focus on the market’s expectations for the U.S. CPI data for March that will be released on Wednesday, and pay attention to the situation in the Middle East.
gold analysis
Daily resistance is 2400, support below is 2300-2280
Four-hour resistance is 2370, support below is 2342-2330
✅Gold operation suggestions: Judging from the current market trend, focus on the strong support of 2328-2330 below, and the short-term long and short dividing line of 2328. Go long when reaching strong support, gold breaks through history again, short sellers will not participate for the time being
BUY:near 2330
BUY:near 2340
Technical analysis only provides trading direction!
CPI - factor affecting the increase in Gold price⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices pulled back from all-time highs on Tuesday, dropping to $2,346 after reaching $2,365. This was due to a risk-on sentiment and declining US Treasury yields. The US economic calendar was light, with the NFIB Small Optimism Index falling for the third consecutive month. Traders are now awaiting the release of the US Consumer Price Index and the Federal Open Market Committee Minutes on Wednesday.
⭐️ Personal comments NOVA:
The uptrend line continues - today's CPI data, according to economic experts, is still not positive for the dollar - Gold prices still have many new rising motivations
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2328 - $2326 SL $2321
TP1: $2340
TP2: $2355
TP3: $2370
Pay attention to the psychological resistance zone $2398-$2400
🔥SELL GOLD zone: $2371 - $2373 SL $2376 scalping
TP1: $2360
TP2: $2355
TP3: $2350
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
Both long and short have made profits! Short gold on ralliesToday’s gold trading conditions are as follows:
1.Xauusd:@2348-2350 Sell, TP:2338 Profit: + $1659
2.Xauusd:@2322-2320 Buy, TP:2335 Profit: + $4179
Around the time when the CPI data was released today, we shorted gold in the 2348-2350 area. When gold hit TP: 2338, I went long gold again in the 2322-2320 area, and gold hit TP again: 2335. Because CPI data will increase market volatility, I used small-scale transactions, so the profit so far is only $5838.
CPI data exceeded expectations for three consecutive months, and gold took this opportunity to make a sharp correction. During the correction, gold also fell below the upward trend line many times, with the lowest touching below 2319. Although gold was able to quickly recover part of the decline after falling, it was obviously much weaker than before during the recovery process, and it did not touch the previous high area of 2360-2365 again.
Therefore, according to the current market rhythm, gold has fallen below the rising trend line, which has destroyed the overall rising pattern to a certain extent, and gold will gradually weaken from strength to strength. Therefore, in the following main trading rhythm, I will be more inclined to short gold on rallies; of course, when encountering a strong support structure, I can also flexibly go long gold to strive for rebound profits! At present, the upper side mainly focuses on the 2350-2355 resistance area, and the lower side mainly focuses on the 2316-2314 support area.
I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
XAUUSD:CPI is coming, what should we do? two strategiesFirst, let’s take a look at the current situation of gold:
At present, the 30-minute moving average of gold has begun to turn, and the strength of the rise has gradually become insufficient. In the past two days, gold has begun to no longer be unilaterally strong, and has begun to no longer hit new highs repeatedly. Instead, it has rebounded and risen twice and failed to break through new highs. Due to The rebound highs of gold are successively lower. If the rebound does not break new highs, you should be bearish on it. On the contrary, if it breaks new highs, you should adjust the direction in time and wait for opportunities to be bullish. Therefore, combined with the current market resistance and support, I give the following operational views for your reference!
The soon-to-be-released CPI data is important data, and gold will fluctuate greatly by then. The short-selling strategy is that if the data does not break through to a new high after the data is released, then short gold in the range of 2365-2360, the high point, or you can set a limit order in advance. .
If the CPI data exceeds expectations and directly breaks through the historical high, do not chase the rise and just look for the right buying opportunity.
The above are all my thoughts for today, I wish you all good luck!
🔥Gold will have major corrections✅From a technical analysis, gold has been seriously overbought, not only on the daily and hourly charts, but also on the weekly level. In the past month or so, gold's crazy rise has been mainly based on expectations of an interest rate cut by the Federal Reserve. The trend of gold hitting new highs has caused the entire financial market to be shrouded in the strength of gold. Although this extreme emotional trend looks very strong on the surface, in actual operation it is not easy to find suitable entry opportunities, making it difficult for traders to make decisions.
The daily chart continues to rise, and technically it also needs to be adjusted. At present, after the continuous high fluctuations on the 4-hour chart, the K-line has begun to show signs of gradually falling below the short-term moving average. The strength and persistence of the price rebound after touching the previous support band are not too great. In terms of short-term trends, There are signs of gradually weakening. The 1-hour chart shows a certain degree of divergence, with the K-line gradually falling below the short-term moving average, indicating that gold will continue to adjust to a certain extent in the short-term trend. Gold rebounded to around 2360 today and then quickly fell back. The rebound highs were successively lowered, indicating that the bulls began to weaken. At the same time, the United States will release heavyweight CIP data today. If the data is negative for gold, it is expected to peak in the short term, and adjustments will be carried out next.
On the whole, today's short-term operation of gold is mainly short-selling on rebounds, supplemented by long-selling on callbacks. The top short-term focus is on the 2360-2365 resistance range, and the bottom short-term focus is on the 2338-2342 support range.
Gold Rush 2.0: Will the Metal Continue its Climb?Gold has been on a tear in 2024 fueled by a confluence of global uncertainties, the precious metal has seen its price surge nearly 20% since mid-February, reaching a series of all-time highs.expand_more But according to macro fund managers interviewed by Bloomberg, this rally might just be getting started.
The Allure of Gold: A Safe Haven in Tumultuous Times
Gold has historically been a safe-haven asset, a reliable store of value during times of economic or political instability.expand_more Investors flock to gold when traditional investments like stocks and bonds become volatile.expand_more This is precisely what we're witnessing in the current market climate.
• Geopolitical Tensions: The ongoing conflict in the Middle East and the simmering tensions between Russia and Ukraine are creating a sense of unease on the global stage. Investors seek the stability that gold offers during such periods.expand_more
• Inflationary Pressures: Inflationary concerns are rising worldwide.expand_more As the purchasing power of fiat currencies erodes, gold, with its long history of holding its value, becomes a more attractive investment.expand_more
• Central Bank Policy: The Federal Reserve's potential interest rate cuts this year are another factor driving investors towards gold.expand_more Lower interest rates decrease the opportunity cost of holding non-interest-bearing assets like gold, making them relatively more appealing.expand_more
Macro Fund Managers See Further Upside
Macro fund managers interviewed by Bloomberg are bullish on gold's future. They believe the factors currently driving the price increase are likely to persist, fueling further gains.expand_more Here's a closer look at their reasoning:
• Persistent Geopolitical Tensions: Unfortunately, there's no clear resolution in sight for the ongoing geopolitical conflicts. These tensions are likely to continue feeding the demand for safe-haven assets like gold.expand_more
• Inflationary Trajectory: Global inflation is expected to remain elevated for the foreseeable future.expand_more This will continue to push investors towards gold as a hedge against inflation.
• Central Bank Dovishness: If central banks maintain a dovish stance on interest rates, it will further bolster the appeal of gold.expand_more
Beyond the Bullish Sentiment: Examining the Landscape
While the outlook for gold appears optimistic, there are other factors to consider:
• Strength of the US Dollar: The US dollar, often seen as a competitor to gold, remains relatively strong.expand_more A significant weakening of the dollar could further accelerate gold's rise.expand_more
• Stock Market Performance: A strong rebound in the stock market could potentially pull some investors away from gold. However, the current market volatility suggests that such a rebound might be unlikely in the near future.
• Consumer Demand: Gold's allure extends beyond its role as an investment. Physical demand for gold in jewelry and other applications can also influence the price.expand_more
Gold vs. Other Safe-Haven Assets:
While gold is the traditional safe-haven asset of choice, investors also consider other options, such as:
• Treasury Bonds: Investors seeking low-risk alternatives might favor US Treasury bonds, especially if they anticipate interest rate cuts.
• Cryptocurrencies: Bitcoin, often touted as "digital gold," has seen increased adoption as a safe-haven asset in recent years.expand_more However, its inherent volatility may deter some investors.
The Final Verdict: A Golden Opportunity or a Glimmering Bubble?
The near-20% surge in gold prices since mid-February presents an intriguing opportunity for investors.expand_more However, the future trajectory remains uncertain. Carefully consider your risk tolerance, investment goals, and overall portfolio allocation before making any decisions.
Investing in Gold: A Look at the Options
There are several ways to invest in gold:
• Physical Gold: Purchasing physical gold bars or coins offers direct ownership of the metal.expand_more However, storage and security costs need to be factored in.
• Gold ETFs (Exchange-Traded Funds): These offer a convenient and cost-effective way to invest in gold without the hassle of physical storage.expand_more
• Gold Mining Stocks: Investing in gold mining companies can offer leveraged exposure to gold price movements.expand_more However, this route comes with additional risks associated with the company itself.exclamation
Conclusion: Weighing the Evidence
Gold's recent price surge and the optimistic outlook from macro fund managers suggest that the yellow metal's ascent might not be over.expand_more However, a multitude of factors can influence its price.expand_more By staying informed about global events, economic data, and central bank policies, investors can make informed decisions about whether to include gold in their portfolios.expand_more Remember, diversification is key, and gold should be viewed as a complementary asset class rather than a standalone investment.expand_more