xauusd: Risk and profit coexist
The trading market has always been a coexistence of risk and profit. Although the transaction failed several times. But it's nothing. Keep calm and make the transaction smoother. Just control the risk. Buy at 2946-2940.tp2965.sl2935
Continue to wait for the rise in gold prices. The more uncertain the market is. The more I like it.
Xauusdanalysis
Real-time gold trend analysisSpot gold continued to rise during the European session and continued to hit a record high. Fundamentally, it is still in the stage of risk aversion pricing. Whether it is the slowdown in the Fed's interest rate cut expectations or the rebound of the US dollar index, it cannot stop the upward trend of gold prices. At present, before the fundamentals turn, gold prices are expected to rise further, and after the technical level is corrected, it will rise again. Maintain a bullish attitude during the day and pay attention to whether the geopolitical situation is eased and whether there is new progress in the trade situation.
On the technical side of gold, gold hit a new high of 2946 again on Wednesday, but it did not continue after the high. The US market fell, and the price fell to 2918 at the lowest. It rose again in the late trading and the K line closed flat. The daily line recorded a Yin cross line. So will the market continue to rise or enter adjustment? From the perspective of form, the cross star is preceded by a continuous positive line. Don't think it is stagflation. On the contrary, there is no increase in volume to a great extent. This trend must be followed. The US dollar rebounded and fell again, so gold operations continue to follow the trend and look up.
Structurally, gold is currently in a strong bullish trend. The price at the daily level has risen strongly based on the 5ma, with the maximum retracement of 10ma. Currently, the 5ma has moved up to the 2920 line and the 10ma has moved up to the 2910 line. In the short term, only if it breaks through 2910 will there be a larger decline. In the short term, the 2920 support level will be maintained and repeated adjustments will continue to push up. In the short term, the upper side looks to be around 2955-2975. However, now that it is near the end of the week, we must remain cautious while being bullish and beware of the risk of a reversal!
Recommended to buy at 2950, stop loss at 2945, target at 2958-2965;
XAUUSD: Gold price stands firm near all-time high!Gold price retains its bullish bias amid worries about Trump’s tariffs and a global trade war. Sliding US bond yields weigh on the USD and lend additional support to the precious metal. The Fed’s hawkish outlook could cap the XAU/USD pair amid slightly overbought conditions.
XAU/USD Technical Overview
The short-term technical outlook for Gold price remains more or less the same.
The daily chart shows that Gold price hangs near the record high of $2,947. The 14-day Relative Strength Index (RSI) flatlines in the overbought territory, currently near 73, suggesting that there is some room to the upside before a correction kicks in. Gold buyers await acceptance above the $2,950 barrier on a daily closing basis to extend the record rally. The next relevant resistance is seen at the $2,970 round level.
Conversely, a fresh pullback could call for a test of the $2,900 round level, below which the February 14 low of $2,877 will be threatened. A firm break of that level will initiate a fresh downside toward the $2,850 psychological barrier.
Candlestick chart.• Chart Type: Candlestick chart.
• Key Price Levels:
• The price is currently around 2,947.210.
• Resistance zone near 2,947.210 - 2,945.564.
• Support zones at 2,924.576, 2,896.066, and 2,889.915.
• Further downside target at 2,879.550.
• Pattern: A potential Head and Shoulders or Bearish Reversal pattern is drawn.
• Projection:
• A rejection from the upper resistance zone is anticipated.
• Price may consolidate before breaking lower.
• Bearish targets are marked at 2,896.066, 2,889.915, and 2,879.550.
XAUUSD Quick possible 50 pip bounceXAUUSD 1h has managed to bounce from the support level and has grabbed 2 step liquidity and prepared for a possible move back to the upside. As daily doji formation, new daily candle open with a bullish bias and may bounce back above the daily high signaling potential daily trend continuation.
Gold price analysis February 19⭐️Fundamental Analysis
Gold prices rose again due to concerns about new tariffs from former US President Donald Trump and the deadlock in negotiations between the US and Russia. Trump announced that he would impose tariffs of 25% or more on pharmaceuticals, semiconductors and automobiles, putting great pressure on European and Asian economies. This raised concerns about supply chain disruptions and global inflation.
In addition, the negotiations between the US and Russia did not progress, causing investors to seek safe assets such as gold and USD. However, the market is still cautiously waiting for the Fed's meeting minutes, because if the Fed maintains its stance of curbing inflation, gold prices may be restrained.
⭐️Technical Analysis
Gold prices reacted around the old peak around 2940, proving that buyers are not strong enough to push prices to create a new ATH and need a more suitable price. There are two price levels 2916-1914 and 2906-2904 which are the areas where the Buyers are very interested in jumping into the market. The price range 2924-2934 is considered as this Asia-Europe range for breakout signals when there are signs of crossing.
Will gold continue to rise after rising and then falling?Technical analysis of gold: Gold has been very strong recently, but I didn't expect it to be so strong. The European session directly set a new record high again. At the daily level, after the sharp drop last Friday, gold did not continue its downward trend this week. In the evening, we still focus on the support of the short-term moving average MA5 and MA10. If gold wants to continue to decline today, these two supports are the key. At present, the short-term moving average MA5 is near 2915, and MA10 is near 2900. At present, the overall performance of the market is strong. Another breakthrough after the shock adjustment will further increase the price of gold, and this time it will be aligned with the target of 3,000 points. It is expected to return to this week. Please wait and see!
On the whole, today's short-term operation of gold recommends mainly going long on callbacks, supplemented by shorting on rebounds. The top short-term focus is on the 2946-2950 first-line resistance, and the bottom short-term focus is on the 2905-2900 first-line support.
Short position strategy:
Strategy 1: Short 20% of the gold position in batches when it rebounds to around 2946-2950, stop loss 6 points, target around 2930-2920, and look at 2910 if it breaks;
Long position strategy:
Strategy 2: Long 20% of the gold position in batches when it pulls back to around 2906-2910, stop loss 6 points, target around 2920-2930, and look at 2940 if it breaks;
Gold operation strategy: long positions are strong but don’t chaFrom the current 4-hour trend, the support below is around 2905-2908, and the short-term pressure above is around 2940-43. The overall rhythm of high-altitude low-multiple cycle participation remains unchanged by relying on this range. In the middle position, watch more and do less, be cautious in chasing orders, and wait patiently for key points to enter the market.
Gold operation strategy:
1. Go long when gold falls back on the 2914-2916 line, cover long positions when it falls back on the 2905 line, stop loss at 2894, and target the 2940-2945 line; continue to hold if the position is broken!
Gold fluctuates upward and resists declinesIn the European session, spot gold continued to be bullish, with the latest gold price trading at $2,918. In the Asian session, the gold price rose sharply and hit an intraday high of $2,922.79. The US dollar index maintained its intraday decline and is currently around 107.60. The gold market has performed well recently. Although it once pulled back to below $2,870/ounce during yesterday's session, the market as a whole remained in a strong range. The latest CPI data released by the United States exceeded market expectations and put pressure on gold prices in the short term. However, as a safe-haven asset, the price of gold is more driven by the market's risk aversion demand, and the current pricing stage is still biased towards bulls. Current technical indicators show that the overbought correction is basically completed, and the gold price is expected to continue to rise, testing the pressure level of $2,940/ounce. From the perspective of fixed income, commodities and currencies, although some institutions have not significantly overweighted gold, the trend of overweighting is already quite obvious. In the face of inflation stickiness and market volatility, the safe-haven attribute of gold attracts continuous capital inflows, which is also an important supporting factor for the steady rise in gold prices.
Technical analysis of gold: Yesterday, gold fluctuated downward in the Asian and European sessions. In the evening, the price fell to 2864 and then started to counterattack. As of today, the highest point has risen to 2918. From yesterday's trend, the gold price showed a bottoming out and rebounding trend, reaching a minimum of 2864, then rebounded to 2909, and finally closed at a positive line with a long lower shadow. From the overall trend, the price rebounded after falling from 2942 to 2863. Although it once broke down during the session, the four-hour chart showed that it quickly recovered after breaking down, and the price stood on the trend line again, indicating that the short-term trend may return to the upward pattern. However, from the perspective of the K-line combination, a hanging line that hit a high and fell back appeared on Tuesday, and a long cross that bottomed out and rebounded on Wednesday formed a blending line pattern, which means that if the previous high or low point cannot be broken on Thursday, the price will return to the oscillation range.
Short order strategy:
Strategy 1: Short gold in batches when it rebounds to around 2928-2930, stop loss 6 points, target around 2915-2905, break to see 2900 line;
Long order strategy:
Strategy 2: Long gold in batches when it pulls back to around 2896-2900, stop loss 6 points, target around 2915-2925, break to see 2930 line;
Gold continues to rise and continues to reach new heightsAfter opening at 2928 points, gold climbed all the way to 2933 points, but then fell back due to resistance, with the lowest callback reaching 2923 points. Then gold began to stabilize and rebound from 2923 points, successfully breaking through the morning high of 2933 points, and continued to rise to a high of 2936.75 points. At present, the market is bullish, and the previous high of 2942 points seems to be within reach.
European session operation strategy: It is recommended to go short with a light position in the current price area of 2934-2940, with a stop loss of 2946 and a target of 2918-2905.
Gold bulls rebound as expectedJudging from the current gold trend, the lower support is around 2875-85, and the upper pressure is around 2908-13. Relying on this range as a whole, the main tone of high-altitude and low-multiple cycles is maintained. For the middle position, watch more and do less, follow orders cautiously, and wait patiently for key points to enter the market.
Gold operation strategy:
Gold will go long if it steps back on the 2877-2885 line, cover long positions if it steps back on the 2868-70 line, stop loss 2862, and target the 2910-2915 line; continue to hold if the position is broken!
Gold high pressure continues to shortGold rebound means short selling. Gold seems to have a strong rebound in the early trading, but the high level of gold is still under pressure. Gold is just a rebound, and the gold bulls may be short-lived. Gold rebounded and the current price of 2909 in the early trading was directly shorted. Gold is still under pressure from the double top structure at high levels. Gold rebounds to continue to give short opportunities. Gold 2910 is still a key position for long and short. If gold fails to stand firm at 2910, then gold shorts still have opportunities. Gold rebound is not a restart of longs, but an opportunity for shorts.
Gold operation ideas:
Gold short at 2910, stop loss at 2919, target at 2890-2880;
GOLD - consolidation after reaching intraday ATHThe GOLD (XAUUSD) index pair price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be an overbought consolidation after reaching the intraday all time high.
The key trading level is at 2895 level, the consolidation price range and also the current daily pivot level. A corrective pullback from the current levels and a bullish bounce back from the 2895 level could target the upside resistance at 2945 followed by the 2980 and 3000 levels over the longer timeframe.
Alternatively, a confirmed loss of the 2895 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 2879 support level followed by 2862.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
XAUUSD H1: Wyckoff with chart!Update for you guys from Wyckoff's perspective in Elliott wave, the price has reached 2946 as updated for you guys yesterday. Currently TPO is still in an uptrend, but when reading through the Elliott wave structure, UTAD is predicted at 2946, because when this level is reached, the new ATH price is also 5 psychological waves formed, so the possibility of "TRAP" is very high or can be understood according to Wyckoff as a UT phase or Up Thust Action, in case of sustainable increase, it is necessary to observe the test point, otherwise today it is easy to reverse at 2946, and I only trade when there is a certain confirmation, so today I will take precautions to warn you guys to pay attention, if there is an entry signal, I will notify you!.
Gold layout strategy todayGold midnight plan: retreat to 2923-2918 and stabilize once more, target 2932-2940, stop loss 5 US dollars.
If the gold price breaks below 2918 US dollars/ounce, it will stop the expected bullish trend and push the gold price to regain the main shock trend.
It is expected that the gold price will trade between the support level of 2923 US dollars/ounce and the resistance level of 2946 US dollars/ounce today.
For XAUUSD tradersHello traders
What is your take on gold?
Gold is still in an uptrend with no clear signs that the bullish wave has ended. We still expect prices to at least reach above $3,000 for some time to come.
However, on the daily timeframe, gold has entered the overbought zone, leading to the expected correction phase.
At this point, we expect prices to pull back further to lower levels before starting a new bullish move.
Be patient and look for the right buying opportunities.
Monitor the price reaction to support levels to determine the best entry point.
The overall trend remains bullish and the current correction may provide a good re-entry opportunity.
What is your take on gold? Do you think the $3,000 target is achievable?
Comments are welcome for communication
XAUUSD: short or buy? How do you choose!There is no major news that has impacted the market, and the three-party talks have not ended yet, so potential uncertainties still exist. This makes the current traders face a choice, whether to go long or short? After all, it is related to the growth and decrease of the balance.
From the technical point of view, there are signs of retracement. From the SMA, the momentum is not strong and relatively weak. On the contrary, the price continues to run in the range of SMA20-SMA50, which shows that the bulls are still relatively strong compared to the bears. The short-term support conversion point 2930 needs to be paid attention to. As the watershed between buying and selling.
Comprehensive trading plan: At present, the price is still trading sideways at a high level. The uncertainty of the news has added some mysterious power to the bulls. Jack believes that the short-term trend of XAUUSD will still rise again after testing the support at a low level, so going long is the first choice.
2928 is a stable buying position. Aggressive friends can choose to buy in advance at 2930-2933. Add a buy order again after XAUUSD falls back.
The target position is set at 2945-2950. The increase range is about 12P-22P.
The stop loss position is set at 2920.
Remember to set a take profit and stop loss in the transaction. Trading is not a one-time transaction, but more like a long-term career in balanced development. So don't let yourself take greater risks. Be sure to pay attention to this issue. ⚠⚠⚠⚠⚠⚠
Remember to like it after reading it. Everyone is welcome to leave your comments in the comment section. Do you support long or short positions?
XAUUSD: 19/2Gold technical analysis
Daily resistance 2950-3000, support below 2852
Four-hour resistance 2950, support below 2896
Gold operation suggestions: Gold stabilized at 2890 yesterday and ushered in a strong unilateral rise. The Asian and European sessions slightly retreated and stabilized at 2892 and quickly bottomed out and rebounded. The European session continued to break through the 2907 mark and continued to be strong. The US bulls further raised their heads and stood on the 2920 mark and accelerated to break through 2936 and closed strongly at almost the highest point of the day.
From the current 4-hour trend, the support below is around 2869, and the short-term pressure above is around 2950. Overall, rely on this range to keep selling high and buying low. Patiently wait for key points to enter the market
BUY:2930near SL:2925
BUY:2920near SL:2915
Gold evening operation strategy, bulls break out and continue toGold started to move upward after trading sideways yesterday morning. After reaching a high of around 2915, it moved sideways again in the European session, but moved upward again in the U.S. session. As of now, it has reached a record high of around 2947 before retreating. The daily line also closed in the form of a large positive line again. At present, the overall trend is upward. Although the 4-hour line has retreated, the bullish trend is still intact, and the lower Bollinger track has also extended upward, indicating that the short-term downward space for gold prices is limited. Gold is still expected to continue to rise in the future, and the short-term suppression port above is still maintained at the high level of 2947-50. If it breaks, it will look at the 2958-60 line. Every pullback is an opportunity for everyone to go long.
Judging from the current 4-hour trend, the lower support is around 2918-2920, and the upper short-term pressure is around 2947-50, with a focus on the 2958-60 line of suppression. The overall rhythm of participating in the high-altitude and low-multiple cycles remains unchanged relying on this range.
Gold falls back to 2918-2920, buy long positions, fall back to 2908, add long positions, stop loss at 2898, target at 2947-2950, break to 2958-60;