XAUUSD: Gold successfully breached the 2050 pressure level
Gold today twice hit the 2050 pressure level, after the first shock failed to return to near 2035, we choose to be long gold in this position, and successfully reached the target position 2045, after Powell's speech, gold once broke through the 2050 pressure level, and is now consolidating near 2056, next week we can observe whether gold stands firm 2050, Wait for a pullback to near 2050 go long gold!
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Xauusddaily
💯GOLD PLAN DAILY DECEMBER 1👉 World gold price on December 1, as of early morning (Vietnam time), is trading around 2,036 USD/ounce - down 8 USD/ounce compared to trading at the same time yesterday morning.
👉 Today's gold price was adjusted slightly down after this precious metal hit its highest mark in 7 months. The solid recovery of the US Dollar Index also had a negative impact on the metals market.
👉 Analysts said that although inflation has fallen sharply from the 40-year high recorded in June 2022, it is still much higher than the 2% target set by the Fed.
👉 On Tuesday this week, the US Department of Commerce said that core PCE, the Fed's preferred inflation measure, increased 3.5% in the past 12 months through October. Persistent inflation may force the Fed must maintain interest rates within a limited range in the first half of next year.
👉 According to data from the World Gold Council (WGC), central bank gold demand is on track to reach or even surpass last year's record. In early November, WGC said central banks bought more than 800 tons of gold in the first nine months of the year. China, Poland, Singapore and India are the leading countries in gold additions.
👉 Tonight there will be news about IMS and Chairman Powell will speak, the price will fluctuate quite a lot. AEs note the time frame to avoid trading
👉 TECHNICAL COMMENTARY: Gold price in the last 2 days has had selling pressure and gradually adjusted, but not too strongly. The price line is still too high above the EMA 38,89,200, the price is falling to approach the EMA 34, expecting a nice Buy bet in the 2020 area when the price adjusts and touches the EMA 34 there.
📌Trading plan:
🔼 Buy Gold Entry: 2019x -2017x
Sl 2014
TP 2026 - 2033
🔼 Sell Gold Entry: 2042 – 2044x
Sl 2047
TP 2036 - 2028 - 2020
💯GOLD PLAN DAILY 11/28: WAITING FOR THE BUY SIGNAL👉 World gold price on November 28, as of early morning (Vietnam time), is trading around 2,014 USD/ounce - an increase of 11 USD/ounce compared to trading at the same time yesterday morning.
👉 The weakening of the USD and expectations of an end to US interest rate hikes have fueled strong demand for gold, with strong purchasing power from Chinese and Indian consumers and central banks also providing a driving force. push up gold prices.
Investors are now awaiting revised US third-quarter GDP figures due out on Wednesday and the core consumer price index, the Federal Reserve's preferred inflation measure. ), this Thursday will decide whether gold stays above $2,000/ounce.
👉 TECHNICAL COMMENTARY: Gold prices have been pushed much higher than the 50, 100 and 200 day moving averages and are very close to the all-time high reached in August 2020. The next resistance level to pay attention to is 2049- 2070
📌Trading plan:
🔼 Buy Gold Entry: 2007x – 2005 x
Sl 2002
TP 2012- 2017 -2022
🔼 Buy Gold Entry: 1993x – 1991x
Sl 1987
TP 2005 – 2015 -2022
💯GOLDEN PLAN DAILY November 17: FOLLOWING BUY💯GOLDEN PLAN DAILY November 17
👉 Gold prices increased today as they were boosted by falling US Treasury bond yields amid the prospect that the US Federal Reserve (Fed) has completed its interest rate hike cycle and will proceed with interest rate cuts. in the spring of the following year increased even more.
👉 Last night when the number of applications for unemployment benefits increased from 217K last week to 231K.Wal-Mart also warned that sales experienced a "sharp decline" in the last two weeks of October, suggesting consumers are slowing down. The CEO also said he sees possible deflation in the coming months.
The Philadelphia Fed manufacturing index was stronger than expected but expectations fell sharply and price figures were weaker. That has led to widespread weakness in the US dollar.
👉 Signs of slowing inflation have prompted investors to bet that the Fed is done raising interest rates. Lower interest rates will increase the appeal of non-interest-bearing assets like gold.
👉 TECHNICAL COMMENTARY: Gold is continuing to move in a strong upward price channel. In the short term, the price can still continue to increase to 2000. Today I will prioritize Buy orders when the price touches bifo 0.618 and the CP + support zone is at 1972
📌Trading plan:
🔽 Sell Gold Entry: 1991 - 1993
SL 1996
TP 1984 -1972
🔼 Buy Gold Entry: 1972 -1970
Sl 1967
TP 1979 – 1984 – 1993 -2000
XAUUSD: Technical analysis and operational strategy
Gold came under selling pressure on Wednesday as US retail sales fell at a slower pace than expected in October. The reason for the pullback in spot gold after hitting a weekly high of 1975, failing to hold above $1970, is mainly due to the rebound in the US dollar and the rebound in US Treasury yields. Spot gold fell on Wednesday, retreating from a high of $1,973 to near $1,955. After the opening of this trading day, gold prices still continued to weaken, trading around $1966. On the 4-hour chart, gold remains above the 20-cycle SMA, suggesting upside potential. Technical indicators, however, give mixed signals. The Relative Strength Index (RSI) is trending down, momentum indicators are flattening, and MACD indicators show limited potential. A break below $1,955 would leave gold vulnerable in the short term. If it breaks through $1970 / oz, gold will test the key resistance level of $1975 / oz. In the short term, the operation tends to be in the 1955-1975 interval, waiting for the break of the weekly line interval tomorrow, and then make arrangements!
Spot gold operation recommendations:
Strategy one: Callback 1956-1958 near multiple single entry, stop loss of 6 dollars, the target 1970-1972 line;
Strategy two: Rebound 1972-1970 near the short entry, stop loss of $6, the target 1958-1956 line.
If you are confused about trading, please join me, I believe you will have a great harvest!
XAUUSD: Gold analysis and operation
Yesterday, the Federal Reserve released CPI annual rate data performance is relatively poor, below market expectations. The dollar fell in response. Gold rose on the day.
Early this morning, 1961-1962 straight up. Continuation of yesterday's trend, the horizontal directly broke 1971.
Programme: 1977-1980 empty, objectives 1970-1966:; Step back 1966-1963 more.
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XAUUSD: Today's summary and subsequent operations
Today, under the influence of CPI data, gold pulled up from 1944 to near 1970, followed by a continuous pullback, the current price 1962, the follow-up focus on the lower 1944 support level, we can short near 1965-1970, and long in 1950-1955!
If you are confused about trading, please join me, I believe you will have a great harvest!
XAUUSD: Analyze and operate today
Gold fell for three consecutive days, the front because of the geopolitical impulse to basically smooth out the bulls, and all the way down even broke the 1970-1953 support, the current minimum to 1947, the general trend is strong and weak, the market is also going down, the current consideration is how to card points to short, from the current 4 hours and hour range, 1957-1958 is the first resistance level, It is also the support pressure of the early stage, followed by the second pressure level of 1968, which can be surrounded by empty space
The specific layout is as follows:
1. The first time to see 1957-1958 empty once, lost 1964, the target to see 1948-1943 broken look
2. See 1968 empty at any time within the day, lose 1975, and see the target below the broken position from 1958 to 1948
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XAUUSD: Gold retreated, followed by the 1980 line
As Treasury yields edged back up, gold came under pressure, falling back from above $1,990 during the day, although last week's weak NFP forecast brought forward Fed rate cut expectations, but the gold price did not seem excited about it.
For this week, gold will continue to track events in the Middle East, while a number of Federal Reserve officials will make their debut this week, including Fed Chairman Jerome Powell. After three weeks of gains in gold, the rise has slowed, but the bull trend has not ended, and the shock of nearly two weeks or brewing a more significant rise. In the chart, the Bollinger belt opening, KDJ index to form a gold fork, last Friday prices in the non-agricultural impact of the high fall, today's gold price still maintains an upward trend, concerned about the 2000 mark can successfully break and stand firm! In the short term, the probability of shock is large, and the support of the 1980 line is concerned below, and the resistance of the 2000 line is concerned above.
If you are confused about trading, please join me, I believe you will have a great harvest!
XAUUSD: Accurately grasp the impact of data
Today, gold did not fluctuate much before the data appeared. When the data became positive across the board, gold once rose to near 2003. We continuously shorted at this position and chose to close the position in 1996, finding that gold did not have a rebound trend, so we continued to sell in 1996, and finally closed all orders near 1988. Congratulations again to the friends who follow!
If you are confused about trading, please join me, I believe you will have a great harvest!
03/11: Gold price waits for US employment report💯DAILY GOLD PLAN UPDATE: March 11
👉 Gold prices were little changed this morning as investors waited for the US non-farm payrolls for further signals.
👉 The USD index slid and US 10-year treasury yields fell to their lowest level in 3 weeks, making gold more attractive.
👉 The Fed kept interest rates on hold Wednesday as policymakers considered key conditions documents tight enough to control the discovery.
👉 According to CME Group's FedWatch tool, the school now believes there is an 85% chance the Fed will maintain interest rates again in December. => Higher benefits increase your job opportunities.
👉 But does Nonfarm have a good price for the USD tonight to reasonably reduce the price when the gold price has increased quite high for 3 weeks in a row?
👉Plan your trading today:
🔽 SellGold Entry: 2004 x – 2006x
SL 2009
City 1993 - 1979
🔼 Buy gold Entry: 1980x -1978x
SL 1975
City 1985 -1991 - 2023
XAUUSD: Double top formation, subsequent fall?
From the technical point of view, the current formation of a double top shape, the future market bearish, but due to the support and data near 1975 led to a temporary rise in the market, the subsequent energy is insufficient, and now has fallen to near 1979.
Continue to pay attention to the impact of the meeting in two hours, if it breaks 1975, continue to bear!
If you are confused about trading, please join me, I believe you will have a great harvest!
XAUUSD: This week's summary and next week's trading ideas
Recent spot gold trend is strong, the situation in the Middle East brought about by the risk aversion to the gold price constitutes obvious support, gold bulls stood on Friday 2000 US dollars, once on the 2008 US dollars.
On the evening of the 28th, Israel again bombed a house in Gaza. On the 27th, the United Nations adopted a draft resolution on the Palestinian-Israeli issue, calling for a truce. In addition, Friday's events between India and Pakistan, northern Myanmar, and the US air strike on Syria have brought new variables to the geopolitical risk.
However, the US economy remains strong, the data released in the week showed that the US GDP grew by 4.9% in the third quarter, and the pressure on the Federal Reserve to raise interest rates further remains, which has a certain pressure on gold prices. Gold has recently shown a strong upward trend, although it has retreated in the short term, but the overall trend remains upward.
It is expected that the market will usher in a large probability of continued rise in the future. Next Monday's operation is recommended to be mainly low.
Gold:buy@2000-2002 tp 2015-2023
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GOLD ANALYSIS 10/24: EXPECT TP SELL OF 300 PIP💯UPDATE DAILY GOLD PLAN:
👉 Gold prices fell in Monday's trading session, taking a breather after approaching the $2,000/oz mark in the previous session, as investors prepare for further developments in the Middle East and economic data. America.
👉 Geopolitical tensions and instability in the Middle East will continue to push up demand for safe assets, after a period of slight adjustment and profit taking.
👉 The market also focuses on the US personal consumption expenditures (PCE) price index on Friday and the US third quarter GDP data on Thursday.
👉 Yesterday's plan, AE won the 100 pip bet, and the price was quite tense, fluctuating at this margin. Nowadays, I still prioritize the Sell bet on the 1948 hard resistance zone, hoping to catch the Sell bet to raise 300 pips.
📌Today's trading plan:
🔽Gold Sell Plan: 1980-1982
SL 1984
TP 1970 -1965 -1950
🔼Gold Buy Plan: 1966-1964
Sl 1962
TP 1970
XAUUSD WAR BUY ANALSYSIS 15.10.23 Reason For XAUUSD Bullish
1. Breakedout the Strong Trendline of 1920 and now readt For Retest
2. Decending Broadening Wedge Pattern Continued and make the swing High as Traget 2074
3. Bulllish Flag Pattern Makes the futher Buy Movement with swing Low as sl 1880 and to 1980
4. Due to Isreal Palestine Issue the GOLD expected Emerge Movement
Overall Possible Outcomes
XAUUSD BUY @ 1915-20
SL 1880
TP1 1960
TP2 1990
WAR TP 2074
XAUUSD: Gold operation thought and analysis
Gold jumps $30 as Fed downplays rate hike.
The Israeli-Palestinian conflict continues to escalate and is expected to expand, and the sense of panic continues to rise.
At the same time, the Federal Reserve again downplayed expectations of interest rate hikes, and the dollar ushered in a sharp retreat.
Gold extended to a new high of 1865 today after yesterday's rally.
Pullback 1853/1854 Long, target 1864-1870
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XAUUSD New Week MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Impulsive Waves " 12345 " and Corrective Waves " ABC " Completed. Falling Wedge as an Corrective Pattern in Short Time Frame in XYZ Waves and Breakout the Lower Trend Line and Strong Support Level
Entry Precautions :
Wait until it Rejects after Retracement or Previous Support and Acts as Resistance
XAUUSD: Weekly earnings summary
This week ended perfectly, earning 50,000, exceeding the expected target, the main reason is to seize the opportunity to fall all the way, continue to maintain next week, I wish everyone a happy weekend!
If you are confused about trading, please join me, I believe you will have a great harvest!
XAUUSD: Today's gold trading plan
Us bonds continue to soar to a new high near 4.9, the performance of the employment data, so that the Federal Reserve will not raise interest rates this year or again.
Gold continues to be in the 1815-1830 area of the shock correction, we 1822 and 1827 short gains.
Today's unemployment benefits data hit, continue to see the volatility continues, as well as the opportunity to break through, the above break continues to see the resistance of 1848 pressure. The lower pullback extends to new lows and continues to see support at the 1800 level.
XAUUSD(GOLD): 05/10/2023:🔴Is there any Bullish sign?
You can see all the important zones and levels on the chart.
Personally, I have lower targets on my mind for gold but for now, I expect the price to penetrate to the sell-side liquidity and then I will update this TA.
💡Wait for the update!
🗓05/10/2023
🔎 DYOR
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XAUUSD (Gold): 19/09/2023: 🔴Important sell zone🔴
As you can see price started an upward move after collecting the liquidity below 1903 and there was a liquidity pool above 1930 that was collected.
Now price touches the important supply zone that can push price down.
In this zone with a lower time frame confirmation, we can enter short and expect the price to go down at least till FVG.
💡Wait for the update!
🗓19/09/2023
🔎 DYOR
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