Short-term gold trading will make huge profitsThe current rise in gold is more due to geographical risk aversion and the risk aversion of bank bankruptcies. After all, the First Republic Bank copied the trend of Silicon Valley Bank in the early stage, and fell by 97%. It shows that the market sell-off is worried about the chain caused by the failure of the bank again.At the beginning of the week, it seemed that the Federal Reserve had begun to take over the First Republic Bank, so whether the crisis could be resolved, we will continue to pay attention to the continuous news guidance.
From the point of view of the structure of gold's trend, gold is still oscillating in the large area from 1970 to 2015, but it has fluctuated sharply for two consecutive weeks, but it has always been unable to break the balance, and the large order appeared too normalized in 2000, so there is a certain disagreement between the long and short forces of gold here, then whether gold continues to fall or opens a new round of rise, in fact, it is just to look at the direction of the long and short breakthrough and participate in the trend.
However, on the whole, the impact on the news surface is ultimately to increase the volatility and intensity, and it will not change in the short term to adjust the sideways trend, so our trading strategy and signals are very clear. I have published the detailed trading signals in my channel, you can enter to receive it.
Xauusdforex
XAUUSD:1970-2010 Trading Signal
Going long on gold yesterday and shorting it today, the switch is perfect and seamless, and the empty orders in early trading in 1998 fell again and made a profit! Short, the rebound in the European market relies on 2000 and continues to short!
The current gold market is still volatile, and the interval remains within the range of 1970-2010! If the rebound encounters resistance, it is an opportunity to short, and if it falls to the support level, it will backhand and do long again!
Now the rebound in the European market still continues to be empty, relying on 2000 to continue to be empty, bearish, and pay attention to whether 1970 breaks below! The real support of the daily line is around 1950!
If you want to get specific trading signals, please contact me on the channel ↓↓↓!
OANDA:XAUUSD CURRENCYCOM:GOLD
The trend of gold is as expected, have you made money?Gold currently continues to maintain a wide range of oscillations in the daily trend, and the current range is temporarily compressed between 1975-2010.At present, gold is running below the moving average band, and 2010 is still regarded as the key resistance in the short term during the day. This is also the key resistance level that I prompted in the channel in the morning.
In the short term, gold has fallen rapidly since around 2000, as low as near 1974. Although the market did not give us the opportunity to short gold near 2010, it must have given us the opportunity to long gold in the short term. I have given tips to go long gold near 1980 and 1976 respectively, with a take profit position of 1986.Fortunately, gold rebounded to near the 1986.5 position in the short term, just reaching our take profit position.Our gold multi-orders have once again made a substantial profit, and today is another day worth celebrating.
At present, gold is trading near 1982. At this position, we must first observe the breakthrough of gold in support or resistance. For the time being, do not directly short or long gold. If there is a good trading opportunity, I will announce it on the channel as soon as possible. Please pay attention to the trading signals in the channel.
Gold Prices Are Back Lower. Are Your Trades Alright?Hello ladies and gentlemen, it is a pleasure to meet you here. I have been trading in gold, crude oil, foreign exchange, cryptocurrency, etc. for more than 13 years. Just like my name, we are the children of the ocean, and the future will be You show me how to use technical indicators to analyze the movement of trends. It is expected that the return will reach about 300% next week.
The U.S. dollar edged higher against major currencies on Friday, April 22 (Saturday), as business activity data showed that the world's largest economy remained resilient, supporting expectations that the Federal Reserve will raise interest rates by another 25 basis points at its policy meeting next month. Gold prices slumped and headed for their worst week in eight, while oil prices posted weekly losses.
Commodity close: U.S. gold futures settled down 1.4 percent at HKEX:1 ,990.50. Brent crude futures rose 56 cents to settle at $81.66 a barrel. U.S. crude was up 5 cents at $77.87.
U.S. stocks closed: the Dow Jones Industrial Average rose 0.07% to 33808.96; the S&P 500 rose 0.09% to 4133.52; the Nasdaq rose 0.11% to 12072.46.
Gold prices have fallen about 1.2% so far this week, pressured by a broader rise in the U.S. dollar, with Fed officials saying on Thursday that inflation remains "well above" the Fed's 2% target. Fed Governor Bowman reiterated that more needs to be done to curb inflation.
U.S. business activity accelerated to an 11-month high in April, an S&P global survey showed, at odds with growing signs that the economy could slip into recession as interest rates rise and demand cools. Gold is also under pressure as a result.
The market currently sees an 85.4% chance that the Fed will raise interest rates by 25 basis points at its May 2-3 meeting.
Gold is expected to trend lower in May if the U.S. dollar raises interest rates at the May 2-3 meeting.
Finally, I will give you a personal summary:
Generally speaking, people who like to chase up can make money, and they will tend to repeat the action of chasing up again. When this action is repeated and more or more money is made, it will affect the people around them, and they even complain about the lack of positions. mentality, so that the market is gradually pushed to a climax until this profit-making effect comes to an end, and if those who chase the rise start to lose money, they will feel self-punishing and tend to be cautious in their operations, which is reflected in the disk The above is a gradual decline in activity.
Similarly, there are also a group of people who like to buy bottoms in the market. If they can make money by buying bottoms, they will continue to buy bottoms. Punish the mind, and reduce the actions of bottom-hunting in operations. Once the number of bottom-hunting people starts to decrease, some stocks will fall without resistance after a little selling pressure.
Finally, I wish you all a happy weekend, and it is a pleasure to share knowledge with you.
Is gold rising or falling?How should I trade gold now?Intraday gold is currently operating between 1976 and 2002. According to the current structure of gold, gold will show a flag-shaped finishing structure in the short term, and the low and high points of gold's operation will also follow the flag-shaped channel line, thus limiting the gold fluctuation space.According to the current market, the announcement of the Federal Reserve's interest rate decision and non-farm payrolls data in early May will be an opportunity for gold to break through the flag-shaped consolidation structure.
In the short term, the top pays attention to the resistance of the 1998-2002 area, and further pays attention to the resistance of the 2008-2010 area; the bottom pays attention to the support of the 1976-1945 area, and further observes the support of the 1970 line below, while measuring the intraday gold strength balance area is 1988-1990.
In trading today, I announced on the channel that I sold gold around 1998-2000, and long gold below 1980. I traded back and forth many times, and reached the profit target for 4 consecutive trading orders, making huge profits.Because gold is currently running in the middle of the balance of strength and weakness area, do not directly short or long gold for the time being. If there is a good trading opportunity, I will announce it on the channel as soon as possible. Please pay attention to the trading signals in the channel.
Will gold eventually fall to 1936?Recently, gold has shown a volatile market in the range. After the rebound, the upward trend is under pressure simultaneously. While the rally is slow, it is accompanied by a decline, and the intensity of the second retracement has not been opened. After each decline, it seems that it is about to fall and break the level, but it always succeeds in a V-shaped reversal at the low level.
Gold's single-day volatility has gradually increased, and after a short-term surge or plunge, the continuity is not strong, and it is likely to come out of a V-shaped reversal market. Therefore, in this extreme market, I have reminded everyone not to easily chase up or short in operation, otherwise it will be easy to be swept back and forth.This undoubtedly increases the difficulty for us in short-term gold trading, so we must set the pace in trading.
Regarding the current gold market, a new volatility range has been formed in a short period of time. Before the direction of gold is chosen, I think gold will continue to fluctuate within the range. Once the long and short direction is determined on the fundamentals, gold may have a trend behavior.Judging from the current market situation, gold is still running short, and only when there is a complete stop-fall signal can there be a continued upward trend.
Then in the short-term operation, first observe the defensive situation of the 1980 first line below, and it is best to choose to sell gold after the gold rebounds; during the period, you can buy gold in small batches at strong support levels in a timely manner.
For the recent ups and downs of the market, over and over again, and frequent long and short conversions, there may be many friends in the trading, back and forth continuous loss orders.So whether it is a friend whose trading order is blocked or a friend who has recently lost money in a row, you can enter my channel through the link below.I have the real strength to help you solve the problem or satisfy your desire to make money. Welcome everyone to visit the channel!
XAUUSD Gold Next Possible MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Completed the Retracement
Break of Structure
Completed " ABC " Impulsive Wave
Divergence
Exp FIAT as an Correction in Short Time Frame
Fibonacci Level - 61.80%
XAUUSD - GOLD CURRENT SITUATION#XAUUSD
According to the analysis we gave to XAUUSS earlier, the DOWNSIDE WAVE, GOLD went down very fast. Due to the POSITIVE SENTIMENT against the dollar, US10Y rose due to this. Then Ibem became a GOLD SELL. Some FED COMMENTS and NFP DATA were very helpful.
But last day all those LABOR DATA and INFLATION DATA INDICATORS were POSITIVE, so GOLD was slightly SELL. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being OFF. CPI DATA was quite POSITIVE this week.
Anyway we expect GOLD to go DOWN to 1855 LEVEL. Before that, GOLD can go up to 2033 LEVEL with the FOMC UPDATE. Be careful..
XAUUSD Gold Next Possible MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Rising Wedge as an Corrective Pattern in Long Time Frame
Completed " 12345 " Impulsive and " ABC " Corrective Wave
Break of Structure
Symmetrical Triangle
Bullish Channel in Short Time Frame with the Breakout of the Lower Trend Line and Retracement
Divergence
XAUUSD Weekly Supply ZoneIn March 2022 Gold peaked to 2068 level which was due to the news of Russia and Ukraine War, but it could not hold the price and then crashed all the way to 1684 zone within few months. Now again the opportunity has come where Gold prices are at peak and everyone is in Fear of missing Out, whereas smart money will try to grab some liquidity from the top and then the prices will land, we might see a sharp wick till the 2070 level or even some more to trap before we land the the ground. Keep an eye on this opportunity.
Gold prices are unable to rebound, can they continue to rise?According to the current trend pattern of gold prices, gold failed to continue its downward trend after falling, rebounded upward after the lower shadow line appeared, and returned to the top of 2000, basically smoothing out the short-term decline, so the short-term buying support is strong.In addition, the Fed's recent dovish bias has also provided some support for gold prices, so it is difficult for gold prices to show a continuation of the decline in the short term.
The current short-term structural kinetic energy has slowed down, fluctuating narrowly near the first line of 2010, and the current rebound power is weak. According to the current technical indicators, there is still a certain amount of room for short-term energy to be released, and in the process of weak rebound, it will also consume short-term energy to a certain extent.
In addition, there are differences in market expectations for interest rate increases, and we still need to wait for intraday US inflation data to find clues to future interest rate increases, and we also need CPI data to bring a new round of market guidance.
Short-term structure: the bottom pays attention to the first-line support of 2007-2006; the top pays attention to the first-line pressure of 2020-2022.
Short-term trading reference:
Pull back to 2008-2007 to buy gold, stop loss 2002, target 2020
I will share specific transactions and operations in real time on my channel based on intraday details.In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
XAUUSD BUY TREND CONTINUATION 09.04.23Reason Behind Trend Continuation
1. Breaked out the Ascending triangel Pattern @ 1950 and Retesting 1980 Before Making Higher High
2. Bullish Dogo Confirm the Bullish Movement
3. Fundamentally DXY stronger and Make Lower as Low Volume In market
4. Retest the demand Zone and Further Bullish Move
Overall Possible Outcomes
XAUUSD BUY @ 1980-1990
SL 1949
TP 2074
Has the price of gold peaked?Where will the gold price be adjustDue to the impact of the Good Friday market closure and waiting for guidance on non-farm payrolls data, market trading was relatively light.Overall, the US dollar bottomed out and rebounded in the previous trading day, prompting some gold bulls to take profits before the non-farm payrolls data. There is still a risk of further pullback in the short-term gold price. However, because the US dollar is still weak, US bond yields continue to fall, and the market's pessimistic expectations of US non-farm payrolls and other data have increased, and the gold price is still biased towards bulls in the future, so even if the gold price declines from its recent high, gold's bullish tendency has not changed.Therefore, we must pay attention to the support of buying on dips to the gold price.
Judging from the current gold trend, gold will be corrected in the short term, and it is currently under pressure on the first line of 2023-2024. Here, before an effective breakthrough, it will not strengthen and rise, and it is in a certain shock suppression, and there is still room for further pullback.But overall, the pullback correction is also for the bulls to gain momentum.Due to the large fluctuation base, short-term operations test the entry point more, so the entry point must be more accurate, otherwise it will be easy to be wiped out first.
Short-term trading reference:
First, sell gold in batches near the 2015-2018 position, with a stop loss level of 2023 and a take profit level of 2006. If the position is broken, the profit target is 2000.
I will share specific transactions and operations in real time on my channel based on intraday details.In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Where will the end of gold's rise be?Affected by the extreme market sentiment, gold remained in a high state of volatility during the day, and there was basically not much room for recovery. This also shows that the current market long sentiment and confidence are still very strong.Technically, the pressure of the trend line near 2028-30 has also played a certain suppressing role, but the actual effect is not strong. Under the extreme market sentiment, the room for short-term repair is still not very large.After the release of ADP small non-farm payrolls data, the dollar fell again, which also caused gold to rise again.
Judging from the 1-4-hour level of gold, gold directly broke the original shock range and was strong in the short term, resulting in a very abrupt state of the market. In the previous trend, it is not difficult to find that every time the gold price rises, it will be accompanied by a correction.It's just that the length and magnitude of the correction are not the same. In this way, there will be a correction of the high-level correction during the day, and there should be a correction in the short-term.The hourly line shows that the short-term gold price has risen sharply to get rid of the support level of short-term technical indicators, and the long-term strength is strong, maintaining short-term guidance and reference. The sharp increase during the day exacerbates the overbought price pattern on the hourly line, and there may be strong demand for correction during the day.The decline in gold prices first focuses on the vicinity of the previous high point of 2010. If the gold price stands firmly above 2010, gold in the future will rely on this support and rise again.
Short-term trading reference:
First sell gold in small batches near the 2023-2024 position, with a stop loss level of 2030 and a take profit level of 2010
I will share specific transactions and operations in real time on my channel based on intraday details.In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
How will Gold rise and fall in the first week of April?The golden Friday first continued to be strong and high volatility, but the volatility was extremely narrow. It was considered a high-level pressure measurement. The upper level was continuously tested three times in 1985 and did not break. During the European market period, the market recovered, but the lower level only retreated to the 1973 line, and then there was a rebound in the shock, but there was still not much recovery momentum. Judging from the recent trend performance of gold and the rhythm of Friday's operation, although gold is more affected by emotions and is slightly stronger, it is difficult for the bulls to gain further recovery momentum. In the case of negative closing on Friday, the lack of continued recovery this week is a sign of insufficient follow-up of the bulls' momentum, which shows that although the market sentiment is extreme and bullish, different views have also emerged.
On the 4-hour chart, the upward channel in the chart is the key pattern. The suppression of the upper channel has withstood the test again on March 31. The current position close to the upper channel is also a good short-term entry position. At present, I am optimistic that gold will step out of a 4-hour bearish flag. The upper channel is the most suitable but slightly aggressive position for the profit-loss ratio, and the follow-up short orders after the lower channel breaks the level are less profitable but more stable.
So next week, in terms of gold operation ideas, I suggest that the rebound will be dominated by short selling at high levels, supplemented by long selling at low levels; the top will pay attention to the resistance of 1985, and the bottom will pay attention to the support of 1962.
XAUUSD Gold Next MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Symmetrical Triangle in Long Time Frame as an Corrective Pattern
Double Top
Impulse Correction
Bullish Channel in Short Time Frame as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line
Divergence
Break of Structure
Completed " abc " Corrective Waves
Rejecting from Fibonacci Level - 78.60%
After the shock structure is over, where will the gold price go?In recent trading days, the volatility of gold has been relatively small, and there have been no major ups and downs. At present, it can be treated as range fluctuations. The rebound is limited and basically the rebound has stopped until a certain point. The same is true yesterday. The rebound to the vicinity of 1975 is still falling downwards, while the short-term support is near the 1950 position.Judging from the recent market trend, a large wave of trend processes must be confirmed twice before a large upward or downward trend can be achieved, so the short-term structure is still to build a shock range.
The current volatility range of gold has gradually narrowed to within the range of 1950-1975!Without the stimulus of news events, the probability of gold breaking the level is very small, and it will continue to go back and forth within the range.At present, the previous low level of the price of gold has become an effective support. It is not certain whether it can support the rise again, but it is certain that there is no room for the price of gold to fall again, and the potential energy is even more weak. The downward extension of strong support is located in the 1935-1933 area.At present, the 4-hour chart has entered the contraction and shock of the triangular range, and it has been maintained in the range for a short period of time. It has broken through and stood firm at 1975, so the bulls can continue to see the high of 1980-1986.For the time being, the top pays attention to the pressure of 1970-1975, and the bottom pays attention to the support of 1952-1955.
Short-term trading reference:
1.Sell gold near the 1974 position, stop loss level 1979, take profit level 1960-1955
2.Buy gold near the 1954 position, the stop loss level is 1949, and the take profit level is near 1968
In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Silver: buy up
The daily chart indicates that silver has returned above $22.0, suggesting a short-term trend reversal. However, silver is still constrained by the downtrend line, implying that it may still be in a pullback cycle since 30.0, with limited upside potential. Investors may focus on the performance of silver in the densely traded range of 23.0-24.5.
Specific trading strategy: Buy at 22.5-23 with a take profit level at 24.37-24.5.
OANDA:XAUUSD INDEX:BTCUSD INDEX:BTCUSD
seize the opportunity of trading in the gold volatility range!After yesterday's rally and closing positive, gold has so far emerged from a bottoming and rebounding market today, reaching a minimum of 1958.75. It is currently trading near the 1966 position. Judging from today's short cycle, gold prices have not achieved a breakthrough and have been under pressure. In the falling market, gold did not fall to the 1930 area again, and the 4-hour range fluctuation is still there.It is expected that gold will fluctuate in a large area from 2000 to 1950, which is a high probability.
From the fundamental point of view, although the banking crisis has been alleviated, the economic recession and the geopolitical risk-averse market are still there, so it is destined that gold will continue to be in a high and volatile market.
Short-term trading reference:
1.Sell gold near the 1973-1974 position, stop loss level 1979, take profit level 1960-1955
2.Buy gold near the 1952 position, the stop loss level is 1949, and the take profit level is near 1966
In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
XAUUSD - GOLD CURRENT SITUATION#XAUUSD
According to the analysis we gave to XAUUSS earlier, the DOWNSIDE WAVE, GOLD went down very fast. Due to the POSITIVE SENTIMENT against the dollar, US10Y rose due to this. Then Ibem became a GOLD SELL. Some FED COMMENTS and NFP DATA were very helpful.
But last day all those LABOR DATA and INFLATION DATA INDICATORS were POSITIVE, so GOLD was slightly SELL. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being OFF. CPI DATA was quite POSITIVE this week.
Anyway, we expect that GOLD will go UP to 2050 LEVEL. After that, GOLD may go down to the 1855 level with the FOMC UPDATE. Be careful..
Is there room for gold to continue to fall?Although the weakening of the U.S. dollar has provided support for gold prices to a certain extent, because the dust has settled on the acquisition of Silicon Valley Bank assets by First Citizen Bank, European and American bank stocks have risen sharply, suppressing the market's risk-averse demand for gold. Investors have scaled back safe-haven trading and turned to riskier assets. U.S. bond yields and U.S. stocks have risen, and gold is under further selling pressure.Judging from the recent trading days, the gold price has repeatedly surged above the 2000 mark and then fell back. The morale of the bulls has been obviously frustrated. Investors need to beware of the possibility of gold price shocks reaching the top.
Judging from the recent trend of gold, the high point began to show signs of M-head regression, and the short-term pressure fell back, and the continuous touch of the high point failed to continue, becoming a short-term high pressure zone.Although the upper side is under pressure, it is difficult to reverse the trend and become a unilateral downward market in a short period of time. Here, a range-oscillating market may be constructed.For the intraday market, pay attention to the suppression of the upward rebound in the short term. If the yellow metal is under pressure and stagnates, you can go short at a high level and continue to look down.
In the short-term operation, the rebound can pay attention to the pressure on the first line of 1973-1974, and the support can first look at the recent low of 1935.
Short-term trading reference: sell gold at the 1969-1970 position, stop loss level 1974, take profit level 1960-1955
In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.