Xauusddaily
Bright prospects, gold is set to interrupt outDuring final week`s buying and selling session, global gold at one factor multiplied to 2,402 USD/ounce because of issues approximately war withinside the Middle East. However, a few traders took benefit of promoting to take profits, forcing the gold fee to shut at 2,392 USD/ounce.
World gold charges had been pretty calm on account that Iran's navy assault on Israel withinside the center of final week. Gold fee best skyrocketed to 2,430 USD/ounce for a quick time after which stabilized at 2,390 USD/ounce.
However, in line with many experts, the April non-public intake index (PCE) introduced with the aid of using americaA on the stop of this month can be the issue inflicting gold charges to interrupt the contemporary stability.
Market analyst Everett Millman of Gainesville Coins stated that this month's purchaser index is probably to decline, inflicting americaA Federal Reserve (Fed) to devise to reduce hobby fees sooner. That expectation will assist gold charges surge sharply, probably growing with the aid of using a hundred USD/ounce.
Meanwhile, Asset Management Chairman Adrian Day stated that gold charges will flow sideways withinside the close to future, as latest financial information reviews make the marketplace more and more more assured that americaA Central Bank will keep to keep to keep hobby fees at from 5.25% to 5.5%.
Don’t go short, go long gold directlyToday, due to the expansion and escalation of geopolitical conflicts, market risk aversion has surged. Gold has been enthusiastically sought after as a safe haven asset. It took the 2400 position in one fell swoop and continued to rise to around 2417. Subsequently, Iran repeatedly downplayed the tension, and gold turned downward. It has given up all the gains, with the lowest falling to around 2372.
Judging from the current situation, although gold has risen with the help of the news, it has indeed broken through the suppression of the recent high of 2395, and the pressure above has been released. When gold fell to the 2375-2370 area, its downward momentum further slowed down. In the short term, the 2375-2370 area still has certain support. And the risk aversion in the market is still there, so I think gold is still primed to rise.
Therefore, in terms of trading, I will first consider using 2375-2370 as the support area to go long gold. After gold rebounds, I will backhand short 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.
Already made 18K profit, continue to short goldToday’s gold trading situation is as follows:
1.Xauusd: @2380.62 Sell, SL:2386 Loss: -$1614
2.Xauusd: @2388 Sell, TP:2372 Profit: +$ 9600
3.Xauusd: @2389.72 Sell, TP:2372 Profit: +$ 10632
To be honest, gold first rebounded to 2392 today and then started to fall, which caused our short position in the 2380-2382 area to touch SL: 2386. To be honest, the short-term rebound of gold did exceed my expectations.I originally thought that gold would not rebound beyond 2385, so the loss of $1614 during the transaction was the price I paid! Fortunately, I adhered to the correct trading logic and insisted on shorting gold in the 2388-2390 area. As a result, gold fell sharply to around 2370 in the short term, directly hitting TP: 2372, thus making a full 290 points of profit! Achieved profit of over $18K for the day.
Judging from the recent gold trend pattern, gold has encountered resistance in the 2395 position area many times recently, and has started to fall downwards from there. This area has become the current key resistance level.As gold has made multiple corrections and consumed a certain amount of bull momentum, we can appropriately lower the short-term resistance expectations to the 2388-2390 area.
In addition, the recent sharp rise in gold is generally due to the impact of news. With the current reduction in interest rate expectations, and the geopolitical conflict has not substantially expanded or escalated,after the news calmed down, its dominance gradually declined, and the market always returned to the technical level. Overall, gold has a demand for a correction at the technical level, which to a certain extent has also suppressed the enthusiasm of market bulls! After gold's rise stagnates, it may trigger a short counterattack and gold is sold off in large quantities.
Therefore, in terms of short-term gold trading, if there is no major bullish market news, I will still focus on shorting on rallies. The top focus will be on the key resistance area of 2390-2395.I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
Already made 11K profit, consider shorting gold after reboundToday’s gold trading situation is as follows:
1.Xauusd: @2293.28 Sell, TP:2386.5 Profit: +$ 2696
2.Xauusd: @2378.43 Buy, TP:2394 Profit: +$ 6228
3.Xauusd: @2395.23 Sell, TP:2386 Profit: +$ 2769
Today, we made good profits in both long and short gold transactions. The total intraday profit exceeded $11k. We have continued our 9-game winning streak in recent gold transactions. This is a very good result.
For the current gold market, in fact, gold as a whole still maintains a high and volatile market. However, gold has failed to make good progress in the short term when it rose to 2400 many times. So after failing to break through many times, whether due to the need to accumulate upward momentum or a certain consumption of bullish energy, I think gold may undergo a deep correction at any time.
The pullback is coming as soon as it comes, and the current lowest level of gold has dropped to around 2361. If gold cannot quickly recover above 2380, or even above 2375, then gold may continue to fall back to 2355 or even around 2350, which means it may replicate the short-term trend on April 16th.This will lay the foundation for a short-term adjustment trend.
Therefore, in terms of trading, there may be a partial rebound in gold after a sharp decline, but it is best not to directly go long in gold now, because once gold cannot recover the decline as soon as possible, gold may continue to fall. Therefore, before there is a clear signal, I suggest waiting and watching and not rushing to trade! When there is a suitable opportunity, I will develop a trading plan accordingly!
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 opportunity to go long gold is here againDear friends, gold’s short-term rebound has reached a maximum of around 2394, approaching the 2400 mark again. Then gold seemed to feel a little exhausted, so it failed again and chose to fall back. Gold is currently trading around 2381, so does gold still have room to conquer 2400 or even higher?
Although gold has stopped below the 2400 level many times in the short term, gold has shown great resilience during the decline. And as gold continues to step back to test support, the lows below are gradually moving upwards, continuously consolidating and building up the support strength below. With continuous testing, short-term support has now moved up to the 2380-2375 area. Therefore, I feel that the short-term pullback of gold happens to be a relatively healthy trend, laying a solid foundation for sprinting to the 2400 position, and it is even possible to hit a higher position.
Therefore, in terms of trading, I still believe that the short-term pullback of gold will be a good opportunity to go long on gold. I still maintain the main trading rhythm of going long on dips. In the short term, I will mainly focus on the support of the 2380-2375 area below. 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.
We will definitely meet above 2400Dear friends, in addition to being exciting, it is still so good. Today we went long gold at 2370 and 2365, all of which hit TP and made considerable gains!
Today, gold has retreated to the 2365-2360 area many times. When the adjustment of gold is over, a new round of upward movement is inevitable. After gold has deeply stepped back to the 2363 position, the candle chart continues to rise along with the moving average, all the way up! The current highest level is near 2398. Of course, this is not the end. I think we will meet again at 2400!
For trading, I will still maintain the rhythm of falling back and going long, focusing on the short-term support area of 2380-2375 below. 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.
Go long gold and count the money with your eyes closedDear friends, judging from the current overall trend of gold, it has become the norm for the market to fluctuate widely on a roller coaster, but there is still strong support below during the pullback. The short-term level has successfully built a double bottom structure, laying a solid support foundation for the bottom. According to the gold structure, there should be room for gold to rise, and the 2390 position is certainly not the end. Therefore, the short-term decline of gold is to better accumulate upward momentum, which is more conducive for gold to challenge the 2400 mark again.
In addition, the situation in the Middle East is getting more and more intense. Although there are occasional calms, the market risk aversion will not disappear. Once the conflict in the Middle East escalates, it will lead to a surge in market risk aversion and stimulate the rise of gold!
Therefore, in the short term, whether from a technical level or a news level, the energy of gold bulls is still tenacious, so we should follow the trend in trading and seize the opportunity to do long gold when gold falls. From this, we might as well boldly go long gold in the 2370-2365 area, and then patiently wait for the rise of gold to bring us considerable 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: Going long is still the main theme
Today, after the announcement of retail sales in the United States, more US dollar, bearish gold, gold fell to the lowest near 2327, however, the overall bullish sentiment of the market is very serious, gold once rose to the current near 2380.
We continue the previous idea, constantly do more on the dip, today's harvest is very huge, at present, gold once again refresh the record high is not difficult, tomorrow's operation is still doing more on the dip!
If your current trading is stuck in a quagmire, please join me, I will take you out of trouble!
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.
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's 11th consecutive win, let's set a recordDear friends, gold is crazy today. During the day, gold rose by $59 from around 2372, reaching a maximum near 2431, and then fell by $70, hitting a minimum near 2361. It's a crazy roller coaster ride. I think some people are happy and some are worried in today’s market!
At present, there is no reliable technical reference for gold in the short term. As for why gold has plummeted, whether it is due to technical overbought. In the final analysis, one is because the main force in the market wants to kill most of the long funds, and the other is because most people cash out their profits and follow the trend to sell. This led to a sharp decline in gold.
Gold is currently trading near the 2350 position. Can we go long gold again? I think there should be no rush to get involved in market transactions for the time being. Because the current sharp decline in gold will cause market panic and easily lead to a wave of gold selling, gold may still fall inertia. So we need to wait for the market to return to calm and then intervene in market transactions. Although we may miss some profits, our accounts will be safer! I think this is reasonable.
Then we will focus on the 2350-2345 area, which is a relatively important support area. If gold slows down its decline in this area, perhaps we can consider trying to do long gold in small batches around this 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.
Gold finally reached the 2370 lineGold has still reached the 2370 line. After the K-line fell back, it rose higher. This trend is of historical level. Next, we will continue to focus on long positions at low levels.
A big positive line directly pierced the rhythm of the sky, and almost all rose rapidly. The moving average continued to rise vertically, and all K lines stabilized the moving average. Relying on the moving average, it reached a record high. Is 2400 still far away?
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.
Already made nearly 6K profits! Continue to short goldToday’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. After gold hit TP: 2338, I went long gold again in the 2322-2320 area, and gold hit TP again: 2335. Because CPI data will intensify market fluctuations, I used small-scale transactions, so the profit so far is only $5838.
Gold has made a sharp correction due to the influence of CPI data, and gold has also fallen below the upward trend line many times during the correction, with the lowest touching below 2319. Although gold was able to quickly recover some of its losses after falling, it was obviously much weaker than before during its recovery, and it did not touch the previous high area of 2360-2365 again.
Therefore, according to the current market rhythm, if gold falls below the rising trend line, it 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 prefer 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 top focus is on the 2350-2355 resistance area, while the bottom focus is on the 2316-2314 support 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.
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.