Gold’s 13th consecutive victory, continue to short goldDear friends, today gold has been in a retracement situation. Although there have been several symbolic struggles, in the end the bears have the upper hand. The current lowest gold price has been around 2324. Of course, our short gold order around 2360 also successfully hit TP: 2349. We gained a lot of profits from this.
At present, gold maintains a volatile and weak situation. In the short term, I still maintain the view of being weak on gold, and gold is likely to fall into a continued retracement, and the target below is the 2320-2310 area. But if the short position is established, gold will also rebound to a certain extent after the breakthrough, and the technical level below will also give the bulls some support. Then gold will give us the opportunity to short gold again after it rebounds.
Therefore, in terms of trading, we can now first consider shorting gold in the 2355-2360 area, with the target looking at the 2340-2338 area. I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
Xauusd1h
XAUUSD: Gold follow-up views and suggestions
Iran bombing retaliation, gold high open rebound 2365 adjustment, will it rise?
The rising geopolitical situation last week, especially the conflict between Iran and Israel, once again attracted global safe-haven demand.
Coupled with the CPI data rising more than expected, the Federal Reserve once again released signals, a change in the positive attitude of interest rate cuts, or continued high interest rate policy, once again triggered exchange rate market turmoil.
Gold rose $130 last week and fell back, and panic data hit this week.
Continue to look at 2365 pressure adjustment, again below the pullback continue to look at 2320 support, fell below this position, continue to see 2300 support. At the same time, the upper level once again broke through the 2365 position and continued to see resistance pressure at 2400.
Gold shorts again after gold rebounds on MondayDear friends, a new week of trading begins tomorrow! Let’s summarize this week’s trading results first. Personally, I made over $68K in overall profit this week, which I feel is a very good trading result. Although I occasionally suffered losses during this week's trading, I was able to seize 95% of the trading opportunities and successfully make a profit. I think this is a very good result! Hopefully we can keep up the good work in the coming week!
For the gold market next week, due to the escalation of conflicts in the Middle East, gold may have the conditions to jump short and open higher on Monday, or gold will take the lead in rebounding with the support of safe-haven assets. If gold rebounds as expected, our first focus will be on the resistance in the 2365-2370 area above.
In addition, on Friday night, gold fell back from its highest position near 2431 to its lowest position near 2334, a correction of almost $100. This is a sharp correction that has never happened in the recent past. I think this may intensify market panic to a certain extent and cause a certain range of selling, which is detrimental to gold. In addition, from a technical perspective, gold has undergone a deep correction, which has consumed the momentum of the bulls and also destroyed the bull pattern to a certain extent. There may be a peak signal in the short term, so gold may continue its correction trend.
Therefore, I predict that gold will stage a trend of rising first and then pulling back in the trend next week. Therefore, in terms of trading and the main trading rhythm, I will focus on shorting on rallies, first focusing on the resistance in the 2365-2370 area above. Of course, I will adjust the specific trading strategy based on the real-time intraday market conditions. No matter what, I wish us another brilliant future in trading next week!
I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
Gold has a 9-game winning streak, continue to short 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
Today in gold trading, I relied on the resistance area of 2340-2345 to short gold many times, and hit my expected target positions of 2328 and 2336 respectively.As of today, I have made more than FWB:12K in short-selling transactions and successfully won 9 consecutive victories.
Judging from the current structure of gold, the recent lows of gold have continued to move downwards, and the short-term rebound has been blocked. Gold has been under heavy selling pressure near the upper trend line.Even with the help of news support in the short term, it was 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 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 2350 in small batches, TP: 2342-2340.
I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
2340 Short gold to count money, continue to short goldDear friends, this morning we shorted gold at 2340, and successfully touched TP: 2328. This was our first win of the day and a huge profit!
According to the current trend of gold, as gold fell below the rising trend line several times yesterday, the momentum of gold bulls has gradually declined. 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. Therefore, relatively speaking, in the short term, I still focus on shorting gold on rallies.
On the whole, gold has been oscillating back and forth within a large range recently, with no real unilateral trend. Therefore, even if I focus on shorting gold on rallies in gold trading, we must also pay attention to the trading rhythm.once you fail to accurately grasp the trading rhythm, 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 share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
XAUUSD: How to operate after the CPI data is released today?
The United States CPI data will be released soon, and it is still the support level to continue to do more.
On Tuesday, the gold technical surface rose first and then fell, the Asia-Europe price stabilized 2338 mark ushered in a bull shock up the high, the afternoon further accelerated to break the previous day's high 2353 mark and continued to strengthen to 2365 near the pressure fell into shock, last night between the United States twice back to stabilize 2340-45 line again rebound, The overall price accelerated to break the high after the formation of a pattern of falling volatility, the short cycle is still stable above the 2330 mark to form a strong bullish shock, yesterday's trend also confirmed this, yesterday again broke through a new high, although the United States yesterday fell back, but did not fall below yesterday morning's starting point.
This is a typical strong market, the lows are still moving up, the highs are also moving up. So the operation is still a dip to do more operation!
If you are confused about trading, please join me and I will help you out!
XAUUSD: 2350 Buy gold?
Today, gold fluctuated in the Asian session, rose and then fell in the European session, we managed to sell around 2365, and gained nearly 100 points of profit.
Below 2350, a small support level is formed, and we can participate in the buy order when gold returns to the 2350 level for a second time.
Friends in need join me, I will take you to achieve wealth freedom!
XAUUSD: Summary of today's gold trading
The end of today's trading, and against the sky gold open low open high, we successfully sniped to 2305 buy orders, the follow-up gold open wide shock, we continue to throw high and low between 2220-2240, the success of grabbing a big wave of profits, today's harvest is very huge, congratulations to follow the friends, tomorrow continue to cheer!
Tomorrow's trading plan will be announced after the opening, interested friends can join me, we realize wealth freedom together!
Already profited over $11K, continue to short gold at high levelToday’s gold trading conditions are as follows:
1.Xauusd:@2358-2360 Sell, TP:2347 Profit: + $6618
2.Xauusd:@2364-2366 Sell, TP:2347 Profit: + $8615
3.Xauusd:@2338-2340 Sell, SL:2347 Loss: - $3973
The trading profit so far today is: $11,260. Gold hit a new high today again, hitting a maximum of around 2,365. Gold still maintains a strong upward trend. But in actual trading, I will not easily chase gold above the 2360 level. Because gold is currently in a dangerous position, even if I am bullish on gold, I will not easily pursue long gold during the operation. On the contrary, I will continue to look for high levels to appropriately short gold.
In fact, as long as you are careful, it is not difficult to find that during the strong rise of gold, gold will still sweep back and forth in a wide range in the short term. Although it will add a lot of difficulty to our transactions, it also shows that in fact, proper participation in short transactions will still make good profits . So in order to prevent the market from falling due to accelerated shipments of long positions, I will look for more suitable opportunities to short gold.
At present, gold has rebounded to above the 2360 position again. I have tried to participate in shorting gold again. I hope that gold can fall back as scheduled, allowing us to obtain more profits. I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
XAUUSD: Perfect sniper ups and downs turning points
The multi-order near 2305 given yesterday has all left the market, we can wait for the correction to continue to do long, aggressive traders can also sell and buy first, provided that the SL is set up.
Today is the first day of this week's trading, our team is also successfully sniped to the turning point of ups and downs, opening positions began to make profits, is a very good start, I believe that this week will get very large profits, need to keep up friends can join me!
NFP fails to meet expectations, will gold fall?Dear friends, today’s non-agricultural employment data released was 303K, which is much higher than market expectations and the previous value, which is largely negative for gold. However, the performance of the gold market fell short of expectations. Gold only fell to around 2280 before rebounding again and recovering all losses. Gold is currently trading around 2300.
Will gold continue to fall? To be honest, I think gold will continue to fall after the rally. Because gold has touched its lowest position near 2267 during the decline, it has destroyed the early strong trend to a certain extent.
Therefore, I will not be overly bullish on gold at the moment. In addition, gold is still suppressed by the previous high of 2305-2310 area, and the bearish structure on the hourly chart still needs to be digested at the technical level. The current news and technical resonance are negative for gold, so even if gold rebounds partially and even touches the 2305 area again, I always believe that gold will continue to fall.
At present, I still hold short gold orders near the 2294 and 2302 positions. Although I am currently at a floating loss, I am not worried at all. I always firmly believe that gold will fall again and turn losses into profits!
I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
Already earned 10K, target to earn another 10K todayToday’s gold trading situation is as follows:
1.Xauusd: @2292-2294 Sell, TP:2292, Profit: +$564
2.Xauusd: @2295-2300 Sell, TP:2291 Profit: +$ 9318
Today is the fourth consecutive day of profit in this week's trading. The profit so far today is $9882, which is an increase in profit compared to yesterday's profit. I think it is very meaningful to be able to make a little progress every day.
If you read my last article, you should know that I still hold a long position in gold in the 2285-2287 area. In fact, according to the current gold trend, if gold has tested the support near 2285 many times and confirmed that the support is effective, then gold will rise again to 2300 points or even higher. At present, gold buying support is strong. In the absence of major bad news, gold will not easily change its trend for the time being. Then gold will maintain a complete long pattern, so this is why I can always hold a long position in gold. If gold tests the 2285 area support again during its decline, it will still be an opportunity to go long gold.
I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
Profited 17K from short gold, and continue to short goldToday’s gold trading situation is as follows:
1.Xauusd: @2256-2258 Sell, SL:2266, profit and loss: -4000
2.Xauusd: @2263-2265 Sell, TP:2255 Profit and loss: +5532
3.Xauusd: @2273-2275 Sell, TP:2255 Profit and loss: +7184
4.Xauusd: @2276-2278 Sell, TP:2255 Profit and loss: +8520
In gold trading today, although one of them touched SL: 2266 resulting in a loss of 4K, overall, I achieved a good result of 17K profit in today's gold trading. If you follow my trading strategy, I believe you will also make very good profits.
At present, gold has reached its highest level near 2277 as expected, but then fell back to around 2251, giving up all the gains. According to the current gold structure, this position is expected to become a phased peak. Therefore, in our next trading rhythm, it is best not to aggressively pursue long gold above 2260. Secondly, in the 2270-2280 area, we can choose to short gold on highs in batches. I predict that gold will fall to the 2250-2245 area in the short term, maybe even tomorrow.
I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
Gold builds a double top structure, short gold!Dear friends, due to the escalation of the geopolitical conflict in the Middle East due to the Israeli air attack on the Iranian consulate, gold rose for a time and once again set a new historical high. The current maximum has reached around 2267.
Judging from the current trend of gold, the position of 2267 is very extreme, because from a technical perspective, this position should be a stage high point, but stimulated by the news, there is still a probability of refreshing this position. However, one thing that is certain is that I will definitely not chase long gold above 2260, even if gold really continues to rise. Because 2267 is actually a dangerous zone for me.
From the perspective of gold structure, gold may reach the top in the 2265-2268 area many times to form a top structure, and then gold is likely to start falling from there. From a structural point of view, I predict that the highest position of the top of gold can reach around 2278, almost close to 2280.
So in terms of trading, first of all, I do not recommend chasing long gold above 2260; secondly, you can try to short gold in small batches in the 2263-2265 area. If it remains relatively stable, you can also wait for gold to rise to the 2275-2280 area before shorting gold. .
I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
Gold will also test the 2180 area, don’t rush to chase long goldDear friends, there must be only one question for everyone now, and that is, will gold continue to fall?
I think gold will continue to fall, because gold fell back immediately after touching 2198, and the candlestick body still closed below 2195, once again showing a long upper shadow line, so the pressure above is still relatively obvious. In addition, gold only touched around the 2184 position during the decline. I think the gold's step back is not in place, so gold still needs to continue to step back. I think it will at least test around the 2180 position again.
So I think gold still needs to continue to adjust. Of course, we still hold a short position in gold and are still making good profits overall. If you follow my trading strategy, I believe you will also have good profits like me. We can continue to hold it and wait for gold's deep correction, so that our profits will be better!
I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
The range of 2163-2165 is still a buying opportunityAfter the European market started, gold began to fluctuate and fall. It reached a low of 2163 during the day. However, careful friends found that the US dollar continued to fluctuate around 104.3, without major fluctuations. In other words, short selling is just a behavior of the European market. TVC:DXY
Modern Jack believes that the gold shock in the European market is just an attempt by short sellers, not a real short seller. We can continue to wait for developments in the US market. Asian markets generally start with news. On the contrary, the US market is more of the beginning of actual action.
At present, the price of gold still remains near 2168, which is 4 US dollars higher than the opening price. At present, bulls still have a certain advantage.
Jack believes it is still a time to buy. The price of gold is supported by risk aversion in the market. The factor for the decline may be due to the reduction of ETF holdings. When demand increases. I think there is still a need for gold prices to continue to rise. OANDA:XAUUSD TVC:GOLD MCX:GOLD1!
Gold prices maintain range trading, a narrow range of 2172-2180Modern Jack believes that the U.S. dollar is performing well in the Asian market. The expectation is that there will be some small support near 104.3. Then the probability of gold prices remaining in the range of 2172-2180 is relatively high. Operationally, range trading is maintained. This was despite a sharp reduction in holdings in the largest gold ETF over the weekend. But the impact of rising risk aversion is huge. And the interval support of 2172-2170 also exists. Considering the current situation.
It is ideal to maintain the principle of buying low, selling high
How much profit can be made from 300k gold trading in one year?Can anyone tell me the actual situation?
I heard from friends that many people on TV don’t know how to trade. Let me take a look. Is this consistent with what my friend said?
I'm Jack. Join tradingview today. I just started posting my opinions. I don’t know what kind of sharing you like to see. You can leave a comment.
Is it technical, fundamental, market sentiment, or real-time trading?
Under the influence of news. Trend trading can be done following leading news. That means buying when the market is rising. Sell when the market falls. This requires some trading sense.
There is no news impact. Then rely on intraday range trading. Refer to technical indicators. Or market sentiment. This is relatively simple.
I believe many traders are experienced. So when I came here. We can talk more and learn from each other.
Of course, I still have good content to share with you.
Gold trading opportunities tomorrow. After opening higher. It will continue to reach a position near 2072-2080. If the position is not reached there is no stabilization. Gold can be sold. So this week will basically focus on selling. If it continues to rise. Then the short-term pullback should still be based on buying. This is what needs to be focused on tomorrow. Remember
London time: 3:16 pm. I'm Jack! See you next time.
FOMC assembly previewThis week, dangers tilt towards a much less dovish outcome, with the opportunity of a mean Fed fee hike for 2024 to 4.9% or simply fee cuts for 2024. Such a alternate could require simplest FOMC members (out of 19) to shift their expectancies to better hobby rates.
Notably, Fed Chairman Powell said that the FOMC desires to see ongoing low inflation to have the self assurance to provoke hobby fee cuts in his maximum latest press conference. Instead, records in latest months indicates excessive inflation (if now no longer outright increase) and persevered energy withinside the exertions market, suggesting that Jerome Powell and organisation might not want to reduce Strong hobby fee discount as formerly expected.
XAUUSD:Data will be positive for gold bears
Hello everyone, the data on the number of initial jobless claims will be released in one hour. I think it has a high probability of being beneficial to gold shorts, so I plan to go short in today's data trading. If you want to follow, please strictly control the risk.
Because the market has already experienced a surge, short sellers are likely to use the data to stimulate a strong sell-off.
If it is beneficial to the gold bulls and the bulls take the opportunity to counterattack, to regain the advantage, they must break through the resistance in the 2180-2186 range, and the fluctuations will be huge.
Therefore, friends who follow, please do a good job in risk management and don't let your account be blown.
GOLD forecast (XAU/USD) tomorrow and this weekGold is a commodity and an global equivalent, tied to the fee of world currencies and different assets. The benefits of gold are that it's far to be had in restrained quantities, has business uses, and is used as a part of the gold and forex reserves of many vital banks. Unlike currencies and stocks, gold will in no way lose fee. On the contrary, due to the fact gold is rare, it's going to best get extra costly withinside the lengthy run. The position of gold in buying and selling relies upon on lengthy-time period investment. This is a shielding asset; Its charge will increase in the course of worldwide crises, whilst the charges of inventory indexes and currencies towards the USD fall. When the worldwide financial system is developing positively, gold charges decrease.