XAUUSDXAUUSD, price recently broke out the trendline liquidity in smaller time frame; what we are looking at the current price action on GOLD it's fair enough to consider the fact that price is reacting to the Tomorrow big Economic Event. DXY dropped significantly today due to negative data comes out today.
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Xauusd4h
XAUUSD: May 29-June 2 Trading Signals
Hello, traders! I love gold! Trading it made me a huge profit!
In the past week, gold 1985 was not successfully broken. We traded a large number of gold short positions according to the plan and made high profits. This is a very pleasant thing!
Now, follow me as we make beautiful plans for our deals this week!
This week, there are a lot of data to be released, three of which are very important, May ADP (Thursday), May unemployment rate (Friday), May NFP (Friday), these three are very important for gold , is a data with a super impact. In addition, there will be weekly unemployment data on Thursday. These two days are the focus of our trading, please be sure to grasp it!
Judging from the data released in May, I think these two heavyweight data are more likely to be negative for gold. This is my judgment based on the analysis and comparison of some data released in May.
In terms of technical form, the 1D chart has not yet formed a bottom form. Judging from the past rise to 2070 and the next trend, it is still very difficult to truly complete the trend reversal now.
If there is news, it will become simple, but this week's news, I think it may be very beneficial to the gold bears, so I ruled out this option. Of course, this is not 100% sure. If my judgment is wrong, then It will be back above 2000 and if I am correct it will drop below 1900 this week.
In the 4h chart, its shape is very similar to M top (double top), and the resistance of 1985 has been confirmed. The current resistance is 1956, and the support is 1933, 1911, and 1899.
Because of the judgment of the news and the shape of the 1D chart, my trading point of view is to short, with the target below 1900. Judging from the current trend, the sharp decline will appear on Thursday and Friday, and the news will be used to complete it.
Trading Signals:
buy:1888-1912
tp:1926-1934
sl:1882
sell: 1956-1985
tp:1933-1890
sl:1989
XAUUSD-SELL TILL 1910XAUUSD/GOLD, has immense sellers presence in the market this week, market ranged 1955-82 yesterday-today and today has continue from 1955 region we now expecting bullish momentum to start building up until 1998-2010. Let's wait how market behave in coming days.
Always use proper risk management, market is there tomorrow but money will not be.
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#XAUUSD-NEXT TARGET $1900 AND WE ARE BACK!Dear Traders, sorry for not being active for a long time now, due to medical reason I had to give some break to my eyes and therefore was forced to take break.
Now with gold, in our previous chart we expected price to reach zone of 2060-70 before it drops, and it did exactly the same. We are expecting price to touch 2030-40 region which is not likely to happen as price already rejected at 2025 region indicating a further dropped.
Entry Criteria:
-If price do not come to our zone one more time then enter in tomorrow london session with 50 pips stop loss.
Once again thank you for your support throughout, and expecting the same.
XAUUSD: FOMC Minutes - Some is greater than severalHello traders, I bring you some useful information
Yields on the 10-year have increased since mid-March and are now above 3.7%. This is due to a mix of positive economic data, progress towards a debt limit agreement, and the market adjusting to the Federal Reserve's policies rather than speculative pricing.
Traders often debate whether positive news can have a negative impact on markets. However, it seems that a scenario is emerging where good news could ultimately result in higher market rates. If you don't think that the US economy is headed towards a recession, it might be difficult to understand why the Fed is considering a rate cut. As the market begins to exclude the possibility of a Fed funds rate cut, rates may continue to increase.
If gold breaks the trend, we will see a new price around 193x today
Plan trade in the intro!
XAUUSD/GOLD- Get Ready for Bears !!!-After the News yesterday, the price of the Gold remain quite bullish where price ranged between 1955-1982 indicating buyers are still looking for strong bullish momentum to take the price upwards to 2000-2010$ region. This moves comes after a strong decline on yields alongside the demand of the US remained higher as US DOLLAR is seen as safe currency by investors.
-If prices fails to gain the bullish momentum then price of GOLD(XAU) will falls rapidly, where our first target will be 1910 where we can see price to reject and retest 1954 region before it drops further. In second scenario, if prices do get enough momentum and fills up $2000-2010 region, then price may reach up to $2020 due take out the liquidity.
-We have to wait until today and monitor the chart closely, which will gives us an indication of possible next move.
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XAUUSD- LAST SETUP DROPPED 400 PIPSDear Traders, in our last setup we had two options either for the price to drop from that current price region or go up to 2000 region and then drop from there. Price dropped as it was described till 1950-53 region and then rejected and bounced back currently running 140+ pips.
We are now expecting price to touch 2000 region before it drops further.
From one setup we have accumulated 540+ pips, and that is just the beginning. More setups will be posted, keep supporting by liking and following our page.
Good luck and happy trading
XAUUSD:Short and long trading points
Last week we made a good profit on gold trading and look forward to continuing to make more profits this week.
This is the 4h chart of gold. I have observed its MACD and the arrangement of the moving averages. It is beneficial for short positions, so in the overall trading next week, I plan to focus on short selling, as long as the resistance level 2026-2038 is not broken, The probability of short selling to make money is very high. For the target below, we refer to the previous support, which are 1 998, 1992, 1987, and 1978 . When it falls below 1970, our short target can be at 1959. This is a relatively distant target. It takes a process to achieve it, and the market is changing at any time. Our strategy also needs to be adjusted according to its changes.
Trading Signals:
sell: 2011-2023
tp:1985-1959
sl:2027
buy: 1992-1985
tp:1998-2003
sl:1979
This is a trading strategy for a large range. Specifically, I will adjust it according to market changes. Starting tomorrow, our trading will be carried out in the range of 1959-2023, and we look forward to making satisfactory profits.
Traders, I hope my signals can bring you profits, if you like my views, please support me and follow me!
XAUUSD:Buy
Crazy gold has fallen again. Now in the 1h chart, MACD has formed a golden cross. In this week's sharp drop, the bulls have not shown a significant counterattack. There is a data today. I judge that they are likely to use this data to launch Counterattack, the probability of rising to 1990-2000 is very high, so I plan to be long gold today.
Trading Signals:
buy:1978-1970
tp:1988-1998
sl:1967
sell: 1998-2003
tp:1988-1979
sl:2009
Gold market forecast
Spot gold rebounded modestly, and the gold price is now near 1975 US dollars per ounce.Gold struggled around 1975.The U.S. debt ceiling negotiations ushered in major news, and the U.S. will not default on its debt.Key data that investors need to pay attention to today: Japan's non-seasonally adjusted commodity trade account for April, Australia's seasonally adjusted unemployment rate for April, Japan's seasonally adjusted commodity trade account for April, changes in Australia's employment population in April, the number of people applying for unemployment benefits at the beginning of the week in the United States, the number of people renewing unemployment benefits in the United States for the week, and the annualized total number of home sales in the United States in April.
Taken together, today's short-term gold operation ideas suggest that the rebound and short selling are the main focus, supplemented by the low step back. The short-term focus above is on the first-line resistance of 1980-1985, and the short-term focus below is on the first-line support of 1970-1975.
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
Gold trading signal analysis
Yesterday, gold fell into a range of oscillations, and the current 4-hour chart shows a slight bottom pattern, indicating that there is a certain support below.
Although it is still weak today, there is not a lot of short-selling opportunity in the market.
As long as you can hold yesterday's low of 1975 today, then the probability will rise.
Today's trading strategy:
gold:buy@1975-1970 tp1980-1985
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
XAUUSD: Buy
Gold 30m chart, MACD dead fork, resistance 1993, 2001, support 1978, 1971, 1953, yesterday’s drop was too large, today and tomorrow should be repaired, and there will be ADP data tomorrow, after yesterday’s drop, after the data is released this time , the probability of gold rising is high. Now in the 4h chart, gold has come to the support zone. Although there is no stop-fall pattern, but through years of trading experience, I think it will start to rebound soon, but the rebound is only to repair the technical form, and it does not mean that the trend of gold has reversed. , so my point of view is that it can be traded between 1950-2000, and the focus is still on shorting.
Trading Signals:
sell: 1998-2003
tp:1988-1979
sl:2009
sell: 1988-1993
tp:1978-1953
sl:1994
buy:1976-1969
tp:1990-2000
sl:1967
Gold continues to be shorted
In the previous article, I will analyze for you that today's market is basically the same as the current trend. At present, we only need to wait for a suitable opportunity to enter the market. Radical friends can short in advance. At present, 1980 is still a stable support line. Although it has fallen many times, it has not broken through. At present, gold is mainly shorted after breaking through 2000.
Trading strategy:
gold:sell@1990-1995 tp1980-1975
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
gold is about to rise
Through the analysis of the golden hour chart, it is learned that the market has been in a state of shock adjustment since the early trading. We can clearly see that although some funds entered the market in the early trading, it was operating in the weak area in the short term yesterday.It is also very likely to reach the bottom of the strong support range operation (2000-2005), but the short-term overall is still in a state of momentum, preparing for further rises in the later stage, in the short-term operation, we continue to think about low and long, focusing on dips and longs.
Trading strategy:
gold:buy@2000-2005 tp:2015-2020
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
XAUUSD: short here
Friends, in the new week, I wish you all earn more money!
Gold 30m chart, MACD dead cross, the upper resistance of 2026 has not yet been broken, the 1h chart is not strong enough for bulls, 4h chart, MACD has a golden cross trend, we need to pay attention to whether the resistance of 2023-2026 can be broken, and the support of 2014-2010, If you have a short position near 2020, you can continue to hold it, and pay attention to setting a stop loss to protect your capital.
Trading Signals:
sell: 2027-2035
tp:2003-1985
sl:2040