XAUUSD BULLISHGold is ready to breakout its all time high soon. As the war between Israel and Palestine accelerate, we may see GOLD more higher. Better to look buying opportunity on it.
Xauusdtrade
XAUUSD: Gold's intraday gains were weak
Gold 1990 more profit, European rally 1995 empty!
Gold day up weak, has encountered the pressure of 1998, 1991 near more profit out, strong no longer strong will turn weak, European began to short! So 1995 began to short bear, now the support is 1988, once the break, the depth of the pullback opened! The United States focus on this position support can!
From the trend point of view, gold has gone through 5 waves in 4 hours, and now it encounters the pressure of blocking the day line on the track, and there is adjustment demand! From the rule of thumb, this step back to the Bolin rail position, open a wave of adjustment, and then choose the direction!
Operation suggestion:
Gold:sell@1995 SL 2002, TP 1980
XAUUSD: sell
Since there is no data today, we will only do technical forms. The current trend is still short. It is expected that there will be a wave of decline after the US market opens. You can continue to short and set SL to control risks.
Because the U.S. trading time usually fluctuates greatly, if you make a mistake in judgment, setting SL can also avoid some losses, especially for small capital accounts. You can set it up or not for large capital accounts as you like.
The important resistance today is concentrated in 1998-2006, and the support is 1984-1978. If it falls below, look around 1973-1969. If it breaks upward, the vicinity of 2012 will become a strong resistance.
Of course, if your account funds are enough to support it, you don’t need to set SL, but the lot size must be controlled. When we do transactions, we must first ensure the safety of the principal, and then talk about profits on the premise that the principal is safe!
Easily earn over 37 pips profit on gold tradingYesterday and today, I insisted on giving you two signals. One is to short gold at the 2004 and 2007 positions yesterday; the other is to add a short position to gold again in the 2005-2007 area today. At present, they have successfully reached my expected profit target position of 1993. The total profit is more than 37 points, which is a very good number. I am very happy to have a good trading experience with everyone.
Although gold has tried to fall below the 1990 position, there is still short-term support in the 1988-1986 area below, so do not aggressively short gold at the 1990 position for the time being to prevent gold from rebounding again with short-term support; in addition, strong support is near the 1980 position. So after the gold pullback is in place, I will look for suitable opportunities to go long gold.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
After easily earning 10 pips, we are still in profit nowToday I gave you two trading signals. The first was to short gold in the area near 1994, and then close the position near 1985, making a profit of nearly 10 points;The second is that after gold broke through 2000, we continued to short gold around 2004 and 2007. Although gold has not touched the 1995-1990 area, my expected profit target, gold has now fallen back to near the 2000 position. We still have a certain level of profit. profit.
Gold currently remains above 2000, indicating that gold's bulls are currently strong, so the next short-term trading rhythm is to wait for gold to fall back before going long in gold. The current resistance above gold is near the 2010 position, which is why I short gold at the 2004 and 2007 positions when gold rises strongly. So the first thing we have to do now is to wait patiently for gold to fall back, and then look for the right opportunity to go long gold. I believe that in the following transactions, as long as we master the rhythm and position, we will obtain more considerable profits.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
XAUUSD: Today's analysis and operational strategy
Today, gold opened low to 1978, and after briefly falling to the $1973 line, supported by technical buying and rose to strong volatility, but the day is still under pressure in the high fall pressure on Friday, if the market can not strengthen again to refresh the high point on Friday, there is a pullback to fill the expected prospect. Gold technical analysis, on the daily line, gold did not rise sharply on Friday, after touching a high intra-day fall, recorded a small Yin with a long shadow line, on the daily line, gold is currently a short-term decline, or will test the MA10 daily average; Overall, gold is currently in a short-term downward trend!
Strategy reference: High probability scenario: Bearish below 1985, target 1973-1865. Low probability scenario: bullish above 1985, target 1993-1997.
Currently there are orders do not know how to operate friends, you can pay attention to me, I will answer for you!
The next step is mainly to short goldGold fell directly below 1970 during the European trading session, with its lowest position touching around 1965. As I said before, as long as gold remains above 1970, gold will likely organize a continued upward attack again. However, it is obvious that gold fell below the 1970 position and the rebound momentum has weakened, so we can determine that gold will return to the short trend.
Then our next transaction is very simple. The main rhythm is to short gold on rallies. The first thing to pay attention to above is the resistance in the 1974-1976 area, and the second is to pay attention to the resistance near the 1980 position above. If gold falls again once it rebounds, the target position for gold is likely to be the 1960-1955 area.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
Aim to earn at least 10 pointsIt is now 11:30 am, I have announced my current trading plan in the channel, and I have executed the transaction according to my own trading plan and logic, so the next thing we have to do is to wait patiently for profits. I believe this deal can bring us a relatively substantial profit.
Gold is currently trading near the 1977 position. Looking at today's gold trend pattern, gold's downward momentum has slowed down in the short term, and there are multiple supports below. First, the short-term support below is near the 1975 position, and secondly, focus on the support near the integer mark 1970. As long as gold remains above 1968, gold may organize a continued upward attack at any time to support gold's continued rebound, and the current short-term resistance of gold is in the 1988-1990 area. . Therefore, there is still a relatively good opportunity to go long gold, and when gold rebounds to the target area, we can consider backhand shorting gold at a high level.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
Continue to achieve a stable weekly profit of 20KLet’s first review the overall trading situation this week. A total of 18 transactions were generated this week, two of which experienced small losses, and the other 16 transactions achieved varying degrees of income, with a total income of $18.3K.I am only 1.7K away from achieving a stable profit of $20K per week, which is overall a good result.
According to the current gold trend pattern, gold finally held the 1980 line on Friday, indicating that short-term support still exists. If gold fails to effectively fall below the 1970 position, it may be difficult to continue the correction.Then the bullish energy may organize another round of attack at any time, supporting gold to hit the 1990 position again.However, the current short-term resistance of gold still remains near the 1990 position. If gold fails to effectively break through the 1990 position for a long time, gold may return to the short trend again. So at the beginning of next week, we will first focus on the three positions of 1970, 1980 and 1990. We can perform high-sell and low-slag operations on gold around these three positions. I believe that we can still achieve a perfect victory in the trading next week.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
XAUUSD: Next week's highlights
This week, gold returns close to 40k, gold once rose to 1993 in the case of CPI data, then fell back to 1980 near, next week focus on the 1980 support to break the situation!
Currently there are orders do not know how to operate friends, you can pay attention to me, I will answer for you!
XAUUSD BUYI have mentioned all the buying reasons why to buy GOLD in coming week. Do your own analysis before taking trade on it.
XAUUSD: Trend analysis and operation strategy
Jobless claims helped gold rally again yesterday as data showing a softening labor market, combined with recent inflation data, reinforced the view that the Fed is unlikely to raise interest rates further. These negative US economic data exacerbated the decline in US Treasuries, which in turn caused the price of gold to soar. The daily level, the Bollinger band continued to close flat, the surge in international gold prices broke through the resistance of the first line of the medium rail, and successfully stood firm above the medium rail, the morning opening price continued to rise, there is a trend of further higher in the short term, and this wave of rebound prices once again hit $2000 is not a problem. 4 hours, the Bollinger belt opening up, the price of gold to maintain the upward trend of shock, the whole direction is still mainly, the recent trend of gold is relatively strong, the pullback is expected to be not too much, short-term attention to yesterday's rise after the pullback near the low point of support, that is, the 1980 line of support, waiting for the price pullback to do more.
Spot gold operation recommendations:
Strategy 1: Callback 1976-1980 near multiple single entry, stop loss of $6, the target 1992-1995 line;
Strategy 2: Rebound 1995-1992 near the short single entry, stop loss of $6, the target of 1980-1975 line.
If you are confused about trading, please join me, I believe you will have a great harvest!
Easily profited 10 pips from shorting gold againToday I gave you a trading signal in the channel. We first consider shorting gold with 1990 as the resistance, TP: 1981;Obviously, after the US market started, gold fell in the short term and perfectly hit my expected profit target. Including the short position we added, we easily made a profit of 10 points in today's transaction. I'm very happy to be able to make money with everyone. I think we should have enough funds to enjoy our leisurely weekend time.
After gold hit our profit target, gold currently rebounded again to near the 1983 position. Although gold remains above 1980, relatively speaking, the power of gold bulls has weakened, and after gold surged due to the news, gold also has a need for a technical correction. Therefore, for short-term trading, I am more inclined to continue shorting gold after gold rebounds.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
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!
Gold trading wins streak, shorting gold continues to make profitHello everyone, today I mainly gave you two trading ideas. The first is to short gold using 1968-1970 as a defense, TP: 1962.5; obviously, we easily made a profit of 6 points;The second is to continue short gold in the 1984-1986 area after gold rebounds. At present, we continue to hold this short order and have made a certain profit. However, my expected profit target is around 1974, so I still insist on continuing to hold this short order.
According to the current gold trend pattern, gold is standing above 1980, and short-term bulls have strong energy. So there should be no possibility of a big drop at the moment. From a technical perspective, gold is currently facing resistance in the 1988-1990 area. When gold touches this resistance area for the first time, there should be a short-term correction. Therefore, the technical level supports a gold correction.So this is why I insist on shorting gold in the 1984-1986 area. I believe that time will verify that my trading plan is correct.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
XAUUSD: SellInitial jobless claims are about to be announced. From a technical perspective, the trend of gold today is biased towards the short side, but there is uncertainty in the data.
If it is negative for gold, then it will follow the trend and have a sharp decline, and it is expected to fall below 1950.
If the data is bullish for gold, there is a high probability that it will fall back after rising, so today we focus on short trading.
If you don’t want to take risks, you can wait until the data is released before trading. Those who like risk-taking can trade short positions in advance to control risks.
Good day and good luck!
Be firm in shorting gold and you will definitely make moneyIt is now 10:12 am. I woke up this morning and found a surprise. I shorted gold in the 1964-1966 area last night and hit my expected profit target of 1959-1958 in the morning. Although the profit was not much,it is indeed a surprise for us, and it is also a wonderful start to the day. Now that I have developed a new trading plan and have executed transactions according to my own trading plan and logic, the next thing we have to do is wait patiently for profits. I believe this deal can bring us a relatively substantial profit.
Gold currently maintains a narrow range of fluctuations in the 1966-1968 area. Yesterday's gold rebound did not regain the 1980 position. Therefore, the overall short trend of gold has not changed. Therefore, gold's rebound is a good time to short gold. Gold currently faces short-term resistance in the 1968-1970 area, and the second key resistance is in the 1976-1980 area. So we can continue to short gold around this resistance area.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
GOLD → $1,950 in sightHourly candles see the OANDA:XAUUSD knocking back into the 200-hour Simple Moving Average (SMA) after a failed bid for higher chart ground, slipping back from Wednesday's weekly high set at $1,975. The 50-hour SMA is showing a mixing of near-term momentum, consolidating with the longer moving average near $1,960.
On the daily candlesticks, the XAU/USD is churning after a bounce off the 200-day SMA is facing resistance early on. The 200-day and 50-day SMAs are consolidating around $1,930 as long-term momentum drains out of Spot Gold, and sellers will be looking for a break of last week's bottom bids near $1,930 while the topside target remains late October's high-water mark etched in just north of the $2,000 major handle.
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.
If you are confused about trading, please join me, I believe you will have a great harvest!
Easily gain profits of more than 10 points againToday I gave a trading idea in the channel, which mainly uses the 1980 position as a defense to short gold. The specific trading signal is to short gold in the 1974-1976 area, TP: 1964. Obviously, after the PPI data was released, gold rose to the area where we shorted gold, and then fell directly to my expected profit target of 1964. We easily made a profit of more than 10 points. I am very happy to make money with you all again.
Today I mentioned many times that I should be careful about gold rising and then falling back. Sure enough, today gold did exactly what I expected. Gold is currently trading near 1963. I don’t recommend going long in gold for the time being, because the support at 1960 is not strong. Gold is still in a short trend as a whole. Gold may fall below 1960 at any time, so don’t go long in gold for the time being. What’s next? I will be looking for opportunities to short gold again.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
gold trading strategy
Today it started to rise after backtesting the support of 1961. Now it faces the resistance of 1974 and is trying to break through. From a morphological point of view, the probability of breakthrough is greater, so the transaction should be to fall back and go long ( 1971, 1969, 1966 ), with the target set at 1979, 1984, 1987.
Continue to pay attention to long gold at low levelsThe first trading idea I will give you today is to focus on long gold at low levels. Gold is currently hovering around 1970, and its trend is relatively tangled. In fact, according to the current trend structure, as long as gold does not fall below the 1960 position, the short-term structure is bullish for gold.
But as for gold as a whole, as long as gold does not recover the 1980 position, then gold as a whole is still in a short trend, so the important short-term upper resistance is near the 1980 position, so I do not recommend aggressively going long gold in the 1970-1980 area.Beware of gold rising higher and then falling back. Therefore, I advocate patiently waiting for gold to fall back before going long in gold.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
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!
