Gold cashed 2300 points as expected, who else said that?We have previously predicted that gold will definitely reach 2300 points this week. We have been long all the way, long at 2249, long at 2250, long at 2256, long at 2272. All K-lines have taken profits at 2300 points, and they have accurately reached 2300 points. , is there any other person on this platform who is as accurate as this?
The golden four-hour lines are all big positive lines, all going up, without any sign of falling. The big positive lines are all over the roof, going directly to the 100th floor. The continuous big positive lines are real, directly swallowing up the rise, and the bottom shape is more consolidated. The macd energy column has not declined at all, it has stabilized strongly on the zero axis, and it is still gradually increasing, with no ceiling, 2287 historic support
Trading strategy: Gold 2288 long, stop loss 2280, target 2350
The above is purely personal investment sharing and does not constitute an actual entry point. You are responsible for your profits and losses.
Xauusdforecast
Gold prices consolidate near record highsGold prices (XAU/USD) enter a phase of bullish consolidation at the start of the European session, hovering within a narrow band around the $2,260 to $2,265 region, marking a new record set this Monday. Investors now seem convinced that the Federal Reserve (Fed) will begin cutting rates in June, a sentiment reaffirmed on Friday by the US Personal Consumption Expenditures (PCE) Price Index. Additionally, geopolitical risks stemming from the prolonged conflict between Russia and Ukraine, as well as recent tensions in the Middle East, provide further support to the precious metal as a safe-haven asset
Gold Surges to Near $2,285/ounce Amidst Weakness in US DollarThe world spot gold price is on the verge of surpassing $2,285/ounce, rising over $27/ounce compared to the same time yesterday morning.
In the US market, the world spot gold price reached $2,285/ounce, sharply increasing by $29/ounce compared to the previous session's close. During this session, there were moments when the gold price almost reached $2,290/ounce, continuously printing new all-time highs.
Despite positive economic data, the US dollar in the international market continues to decline sharply. Specifically, the Dollar Index - which measures the greenback's strength against 6 major currencies - fell sharply by 0.17% to 104.420 points. The sharp decline in the USD positively supports the increase in gold prices. As the cost of trading and storing gold in investments has decreased, investors are pouring their money into the precious metal.
Gold Surges to All-Time Highs: Outlook and Support LevelsLast week, gold experienced a powerful price surge, reaching record highs and extending to today, with a leap to $2257 USD, up approximately $24 USD in the early hours of Monday trading.
Gold is propelled by strong price momentum, benefiting from lower bond yields and a weaker USD. News of potential Fed rate cuts in the near future adds further impetus to this precious metal.
Regarding today's and this week's gold trends, the long-term outlook remains bullish. However, gold may encounter resistance and undergo minor corrections after its vigorous ascent, requiring adjustments to solidify its upward trajectory. Anticipated support levels are around $2215 - $2222 USD.
Wishing everyone a pleasant and prosperous trading week!
Already made more than 5K profit and continue to make profitsToday’s gold trading conditions are as follows:
1.Xauusd:@2178-2180 Sell, TP:2277 Profit: +$130
2.Xauusd:@2174-2176 Sell, SL:2277 Loss: -$1055
3.Xauusd:@2184-2186 Sell, TP:2277 Profit: +$1995
4.Xauusd:@2273-2275 Sell, TP:2268 Profit: +$2150
5.Xauusd:@2168-2166 Buy, TP:2273 Profit: +$2720
There was not much profit in gold trading today, only a profit of $5900 was made. Because ADP data will intensify short-term fluctuations in the gold market, for the safety of account funds, I basically set a very small TP, which limits my profits to a certain extent. But my trading principle is that the most important prerequisite is to protect the safety of the account principal, and the second is to strive for profits.
We can see from the current gold trend that gold fell back again and tested support under the negative influence of ADP data. In the process, it did not fall below the 2265 position, so testing the short-term 2265-2260 area support is effective. Moreover, as gold fell back, funds waiting for long positions on the sidelines gradually entered the market, providing important support for pushing up gold prices.
According to the current gold trend and market sentiment, gold still maintains a complete upward trend, and if gold's correction is discontinuous, gold will continue its upward trend. For now, I think gold will also test the 2290-2300 area. So in terms of trading, we can first consider going long gold after waiting for gold to fall back, first focusing on the support of the 2268-2266 area below; secondly, when gold touches the 2290-2300 area again, we can try to short gold again!
I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
April 4, 2024 is at risk of a sharp decreaseToday, April 4, 2024, the sector grew to become down pretty sharply after many consecutive days of peaking. However, with instability withinside the international at the side of robust call for from different countries, the outlook for valuable metals continues to be bright. Finance Banking Gold fee nowadays April 4, 2024 threatens to plummet after many consecutive days of peaking Manh Ha • Gold fee nowadays April 4, 2024 withinside the international grew to become round to fall pretty sharply after many days constantly peak. However, with instability withinside the international at the side of robust call for from different countries, the outlook for valuable metals continues to be bright.
Gold price exceeds 2,300 USD/ounce, why?constantly skyrocketing, breaking all records, specialists provide some arguments to explain. Finance and BankingHot: Gold charge exceeds 2,three hundred USD/ounce, why? Yen Nguyen • April 4, 2024 07:01 Gold charge constantly skyrockets, breaking all records, specialists provide some arguments to explain .
Gold increases, gold charges "peak"... had been acquainted key phrases withinside the economic marketplace in current days.
However, the situations that specialists formerly forecast nearly in no way noted this speedy increase rate.
Opening this morning Vietnam time, global gold charges persisted to skyrocket, exceeding 2,three hundred USD/ounce, once in a while even exceeding 2,302 USD/ounce. The words "all-time peak" not have meaning.
Not most effective gold, any other valuable metal, silver, is likewise soaring, exceeding 27,000 USD.
Gold’s trend flips the roof off, reaching 2300Today's target for gold is very clear. We saw it was near 2300, which has now been reached. Our long order is near 2270, which is currently up 30 points.
The rise in gold has lifted the roof. For those who still hold long gold orders, they can take profits. As for the future trend of gold, I personally think that it will attack upward.
But for the trading plan, take profit was chosen. Trading is trading, and there should be a strict plan, otherwise profits will easily take a roller coaster ride.
Next, I will continue to share my personal trading ideas every day. You can follow me. I hope my trading ideas will be helpful to you.
After falling back to confirm support, and go long goldDear friends, gold hit its highest level near 2288 and then fell back. It is currently trading near 2271. Gold is currently showing an irrational market. On the one hand, due to the situation in the Middle East and the expansion of the conflict between Russia and Ukraine, safe-haven assets have been rushing into the market. On the other hand, silver and oil have made up for the gains, boosting the rise of gold.
Judging from the current gold trend pattern, gold breaks through new highs every time, then pulls back to determine support, and then climbs upward again to set a new high. In other words, during the rise, it is accompanied by corrections that sweep away space. However, according to the current trend,gold remains on a strong upward trend.
For current trading, due to the irrational market, technical analysis is lagging behind, and market sense and flexibility have become the most important. At present, for gold, I think there are profit opportunities for long gold or short gold. The key is to grasp the trading rhythm. First, the current short-term support is located in the 2268-2266 area, and secondly, it is located in the 2260-2258 area. Therefore, in short-term trading, we can do long gold in batches around these two areas. The top currently reaches the highest level near 2288, and is facing psychological pressure from the 2300 integer mark. Therefore, in the short term, we can short gold in batches in the 2290-2300 area and make mid- and long-term plans.
I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
Gold's rise has reached its peak and is bound to fall
After the opening of the Asian trading session on Monday (April 1), spot gold rose sharply, with the gold price reaching a maximum of $2,265, a record high.
Global geopolitical tensions are one of the reasons for the rise in gold prices, and investors may consider gold as a neutral reserve asset. Strong safe-haven demand, expectations of U.S. interest rate cuts and central bank buying have given gold prices another upward momentum.
The short-term cycle is currently experiencing high fluctuations, and there is demand for a pullback. Therefore, in the current short cycle, we are waiting for the end of the hourly and 4-hour bulls; then we are currently focusing on the high point of 2270, breaking through the price and continuing to surge upward. On the contrary, there will be demand for the price to fall back.
My suggestion is to go short near the high price of 2265-2268 US dollars.
TP: USD 2150
Second TP: $2142
SL: $2278
Gold Retreats from Record Highs Amid Stronger US DollarGold retreated from its recent record high of $2,265.58 per troy ounce, initially gaining ground during Asian trading hours before reversing course in European sessions. Currently hovering around $2,250, XAU/USD finds support from the robust rally of the US dollar following better-than-expected US ISM Manufacturing PMI results.
Technical analysis suggests that gold may continue its correction today and in the near future as it confirms the formation of a peak. This adjustment following its sharp uptrend aligns with the natural market wave cycles, indicating no cause for alarm. Strategically selling into market momentum and observing gold's retraction for the next phase is advisable.
💡 XAUUSD: Forecast 1 AprilDuring the weekend session, the gold price did not fluctuate due to the market holiday, however this morning it continued to have a very strong increase, creating a large gap. Currently, it has breached the psychological resistance mark of 2250 and is sinking deep into the overbought zone. If it continues to go up, the confluence mark of 2300 will be a potential target area. However, the market is currently very easy to adjust after many sessions of strong increases. If you buy too quickly, you should wait for corrections to have a better entry point.
💡 XAUUSD: Forecast April 2Gold prices sometimes slipped sharply in the past session, however when approaching the 2230 threshold and closing the gap, the price recovered strongly, currently back above 2250. This price behavior shows that buying pressure is still quite strong, It is likely that the price will continue to go up, the short-term target level will be around the 2300 threshold. Those who have caught the recent pullback can continue to hold the order, the SL is below the signal candle around 2030.
Continue shorting gold and reap good profitsDear friends, today we shorted gold in the 2263-2265 area and set TP: 2245, making a profit of 18 points and successfully making a profit of 10K, which is a good gain. After touching 2245TP, I used small batch trading lots to chase short gold at 2246 and 2237 respectively, and set TP: 2225. Because gold only touched the lowest position near 2228, these two transactions have not ended yet.but overall there is still a floating profit of 1K.
According to the current trend, although gold has strongly touched a new high of 2265, relatively speaking, I do not advocate continuing to chase long gold at high levels. At present, the hourly and 4-hour graphics show that gold has not yet been adjusted in place, and there is still room for adjustment. This is why I set 2225TP above. Moreover, the sustainability of the risk-off market remains to be considered. Once gold confirms a short-term top, the magnitude of the decline cannot be underestimated.
So relatively speaking, I still insist on shorting gold at high levels; I share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
When you were chasing gold crazily, I started shorting gold.Dear friends, today we shorted gold in the 2263-2265 area and successfully made a profit of more than 10K, which is considered a good gain. After hitting the TP with this transaction, I used small batch trading lots to chase short gold at 2246 and 2237 respectively. Although these two transactions have not ended yet, overall there is still a floating profit of more than 1K.
According to the current trend, although gold has strongly touched a new high of 2265, relatively speaking, I do not advocate continuing to chase long gold at high levels. The current hourly chart and 4-hour chart show that gold has not yet adjusted in place and there is still room for adjustment. This is why I still have not ended the transaction. Moreover, the sustainability of the risk-off market remains to be considered. Once gold confirms a short-term top, the magnitude of the decline cannot be underestimated.
So relatively speaking, when others were extremely crazy about chasing long gold, I changed the trend and began to insist on shorting gold at high levels; I share detailed trading ideas and trading strategies every day, hoping to help all followers to be successful in the market. Keep making profits! 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.
Short gold in the 2263-2265 areaDear friends, gold has repeatedly broken new highs, reaching the highest level of 2265. Gold is still continuing its strong unilateral rise, but as far as current trading is concerned, I do not advocate continuing to chase gold. Because gold continues to be very overbought and deviates too far from technical indicators, there is currently a short-term need for a callback to repair indicators.
So I have clearly informed everyone that we can try to short gold in the 2263-2265 area in small batches (the details of the trading signals are in the channel at the bottom of the article). First try to seize the profits of the short-term correction of gold. After the correction of gold is in place,we would still be long gold following the current uptrend. In this way we can grasp the profits of both long and short parties,
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.