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.
Xauusdtrade
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.
Gold has reached a short-term peak, how to trade?
Gold has fluctuated at $20 for three consecutive times and several roller coaster fluctuations. This kind of trend is really difficult to grasp. It is most taboo to chase the rise and fall. However, the overall K-line has peaked and once rebounded to around 2351, but it is still It fell below the support level and reached around 2330. The K-line has come to an end and a fall is inevitable.
The golden four-hour line shows a head-and-shoulders top pattern, and the continuous large negative line entities cover the positive line. The current strength has been reversed downwards.
Trading strategy: short gold 2342, stop loss 2350, target 2300
CPI - factor affecting the increase in Gold price⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices pulled back from all-time highs on Tuesday, dropping to $2,346 after reaching $2,365. This was due to a risk-on sentiment and declining US Treasury yields. The US economic calendar was light, with the NFIB Small Optimism Index falling for the third consecutive month. Traders are now awaiting the release of the US Consumer Price Index and the Federal Open Market Committee Minutes on Wednesday.
⭐️ Personal comments NOVA:
The uptrend line continues - today's CPI data, according to economic experts, is still not positive for the dollar - Gold prices still have many new rising motivations
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2328 - $2326 SL $2321
TP1: $2340
TP2: $2355
TP3: $2370
Pay attention to the psychological resistance zone $2398-$2400
🔥SELL GOLD zone: $2371 - $2373 SL $2376 scalping
TP1: $2360
TP2: $2355
TP3: $2350
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
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!
Already made profit of $11K, today’s profit target is $20KToday’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, reaching 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 position. Because gold is currently in a dangerous position, even if I am bullish on gold, I will not easily pursue long gold in my operation. On the contrary, I will continue to look for high positions 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 can still make good profits. . Therefore, in order to prevent long positions from accelerating shipments and causing the market to fall, 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 and let us make more profits. 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.
Profit 18K, sell first and then buy goldDear friends, today after gold opened lower and fell back to the 2305-2300 area, it rebounded again and hit a new high near 2353. At present, gold has fallen back and remains near the 2338 position.
Today’s transaction can be roughly divided into two parts. First, we ended our short position in the 2305-2300 area and captured good short profits;Secondly, I went long on gold with the short-term support of the 2330-2320 area, but I have closed the long position again near the 2330 position. Although our profit in this transaction is not good, as long as we can continue to make profits in the transaction, it can be regarded as a Not a bad result.
Gold is currently trading near the 2338 position. Overall, gold is still in a strong upward trend, but for short-term fluctuations, I think gold may still continue to pull back in the short term. From the perspective of the form period,when gold is always below the 2340 position, then gold is likely to test the support in the 2315-2310 area again.
Therefore, in terms of current trading, I may first short gold in small batches at an appropriate position, and then consider going long gold after gold pulls back to the target area of 2315-2310. 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 keeps hitting all-time highs
Gold fell sharply to near 2281 after the data was released, and then bottomed out and continued to break through a record high, and is now near 2327, an increase of nearly 500 points, and next week's operation is mainly based on dips!
Although we did not successfully snipe all the profits today, we still achieved a good harvest, continue to work hard next week!
NFP fails to meet expectations, will gold fall?Dear friends, today’s non-agricultural employment data released was 303K, which is much higher than market expectations and the previous value, which is largely negative for gold. However, the performance of the gold market fell short of expectations. Gold only fell to around 2280 before rebounding again and recovering all losses. Gold is currently trading around 2300.
Will gold continue to fall? To be honest, I think gold will continue to fall after the rally. Because gold has touched its lowest position near 2267 during the decline, it has destroyed the early strong trend to a certain extent.
Therefore, I will not be overly bullish on gold at the moment. In addition, gold is still suppressed by the previous high of 2305-2310 area, and the bearish structure on the hourly chart still needs to be digested at the technical level. The current news and technical resonance are negative for gold, so even if gold rebounds partially and even touches the 2305 area again, I always believe that gold will continue to fall.
At present, I still hold short gold orders near the 2294 and 2302 positions. Although I am currently at a floating loss, I am not worried at all. I always firmly believe that gold will fall again and turn losses into 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.
NF - Gold price continues to trend UP ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Traders may wait for more information about the Fed's interest rate-cut plans before making bets on the non-yielding Gold price. They will be closely watching the release of the US monthly employment details, known as the Nonfarm Payrolls (NFP) report, later in the North American session. If there is any disappointment, it could indicate a weakening labor market and increase the likelihood of a June Fed rate cut. This could lead to more selling of USD and support for gold.
⭐️ Personal comments NOVA:
Gold price is having a DOWN correction below the $2280 area. However, the UP trend is still the dominant trend, many opportunities for Gold to continue to create new peaks
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2260 - $2258 SL $2253
TP1: $2275
TP2: $2290
TP3: $2308
🔥SELL GOLD zone: $2308 - $2310 SL $2315
TP1: $2300
TP2: $2290
TP3: $2280
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
Already earned 10K, target to earn another 10K todayToday’s gold trading situation is as follows:
1.Xauusd: @2292-2294 Sell, TP:2292, Profit: +$564
2.Xauusd: @2295-2300 Sell, TP:2291 Profit: +$ 9318
Today is the fourth consecutive day of profit in this week's trading. The profit so far today is $9882, which is an increase in profit compared to yesterday's profit. I think it is very meaningful to be able to make a little progress every day.
If you read my last article, you should know that I still hold a long position in gold in the 2285-2287 area. In fact, according to the current gold trend, if gold has tested the support near 2285 many times and confirmed that the support is effective, then gold will rise again to 2300 points or even higher. At present, gold buying support is strong. In the absence of major bad news, gold will not easily change its trend for the time being. Then gold will maintain a complete long pattern, so this is why I can always hold a long position in gold. If gold tests the 2285 area support again during its decline, it will still be an opportunity to go long 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.
Opportunities to go long appear againDear friends, gold has pulled back to the 2288-2286 area as expected. First of all, congratulations to everyone. Our short position finally touched our target position, TP: 2288. At present, gold is under pressure to adjust downward after hitting the highest position of 2305. So where will gold fall?
According to the current gold trend, gold is currently setting new highs every day, and there is no obvious peaking signal. Therefore, even if gold experiences a short-term correction, do not imagine that it will turn into a downward trend.
We can currently find that gold is currently supported at 2285 and 2275. If nothing unexpected happens, I think gold will most likely rebound at these two positions. If gold pulls back to around 2285 and stabilizes, then there is a high probability that it will break through 2300, or even touch around 2320. If gold pulls back directly to 2275, then the strength of the counterattack may not be so strong. The probability will continue to be maintained in the 2310-2290 area.
So in terms of trading, next I suggest that you enter the market in batches to do long gold around the two positions of 2285 and 2275. 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 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.
Dollar and gold rose in tandem as Fed rate cut bets eased againHopes for an early Fed price reduce had been dashed once more on Monday after upbeat records became launched from the US. The ISM production PMI rose greater than predicted in March, mountain climbing above 50 into enlargement territory for the primary time considering September 2022. Furthermore, the fees paid index additionally rose, accomplishing its maximum stage considering September 7, 2022, in a brand new signal that inflationary pressures are not there. absolutely disappeared.
The robust PMI comes warm at the heels of Friday`s tame center PCE print and Fed Chairman Powell's hawkish comments. While CPI and PCE records preserve to aid the view that inflation usual stays on a downward trajectory, albeit an an increasing number of shallow one, different signs underscore the Fed's warning approximately the outlook price.
Then the price reduce in early June started to appearance doubtful, and the percentages of a 25 foundation factor Fed price reduce fell to approximately 60%. More importantly, buyers are actually pricing in a smaller reduce for all of 2024 than what the contemporary FOMC dot plot projected only a few weeks ago.
GOLD - BUY SIGNALProspects remain positive as investors bet on lower global interest rates, perhaps look for diversification opportunities away from elevated stocks or, in the case of central banks, continue to reduce exposure to the USD (net central bank gold purchases have grown strongly in the past two years, reports indicate).
Broadly, history suggests higher Gold prices are usually associated with a softer tone in the USD so Gold strength and a firm USD look a little odd; something may have to give.
Guys, what do you think? Leave a comment with your thoughts.
XAUUSD: Profit of 60 points today
Today, gold opened higher, the highest hit near 2265, after the release of the United States March ISM manufacturing PMI, more dollar, bearish gold, gold once reversed today's gains fell to near 2228, the first price near 2240.
Today, the operation of the last order gained 100 points, an order stop loss of 40 points, the overall profit is still profitable, the current 0.618 Fibonacci series is near 2252, we can sell light positions near 2252, stop loss of 50 points.
If you have a problem in trading, trust me, I will help you out!
Continue to short gold below the 2258 positionDear friends, gold hit a high of 2265 overnight and then fell back. Then gold stopped falling near 2229 and rebounded slightly again. As of now, gold is trading near 2251.According to the current gold trend, there is no doubt that gold still maintains a trend upward trend, so overall gold still maintains a intact upward pattern. But in the short term, today's 2256-2258 area will be a very critical position. If gold cannot break through this area during the local rebound, then gold will still need to continue its correction.
So in terms of short-term trading, I will try to short gold in small batches in the 2253-2258 area. If gold can build a local double-top structure, the demand for a gold correction will be clearer; on the other hand, when gold is near and above 2260 , I personally will avoid chasing long gold, and I will still look for suitable opportunities to short gold to avoid funds being trapped at high levels.
So relatively speaking, when others were extremely crazy about chasing 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 first, then plan to go long goldDear friends, gold has repeatedly broken new highs and hit the 2265 line. At present, gold still maintains a strong unilateral upward trend. However, as far as current trading is concerned, I do not advocate continuing to cash long 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 2163-2165 area in small batches (the specific content of the trading signals is 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 will still follow the gold trend and be long gold. In this way, we can grasp the profits of both long and short sides,
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.
27/3. Will gold prices drop significantly? No, it will continue
26/3. The trend of gold is very science fiction. Like a roller coaster. When it went up, it killed the short sellers. When it fell, it killed the bulls. Dual phase harvester. But I made some profits in both directions yesterday. Friends who are paying attention know it. Yesterday, the gold market once again shot up to 2200 points and then fell back quickly. The reason is a boost in risk aversion. USD pullback. and ECB talk. It gave gold a big boost. However, gold did not stabilize when it rose to 2200, but fell back quickly. It closed near 2177.
There is no particularly big trend at the beginning of today's Asian game. Maintained within a narrow range around 2177. Observed at the daily level, the market is still consolidating at a high level. Observing the hourly line, gold bulls are eager to try. Want to continue to rise. I am more optimistic about the continued rise of gold. News: The Gaza ceasefire agreement is like a bomb, which may explode at any time and increase risk aversion. This keeps the lower support at 2165-2171. Personally, I prefer to buy during day trading.
XUAUSD:2172-2174 BUY
TP:2186
SL:2163
Remember to close the order in time to make profits when operating.
Profited 28K from gold trading, continue to participate in gold Dear friends, today is a day of relatively high volatility for gold. After gold rose from around 2170 and hit around 2200, it fell back again during the US trading session. So far, it has fallen back to its lowest level near 2171. The total room for rise and fall is 60 US dollars. How much profit did you capture from it?
In today's transaction, I successfully captured a profit of more than 43 points. I made a total profit of more than 28K in gold trading today. I think this is a relatively good result! So how should we participate in gold trading next? From a graphic point of view, we can find that the current bottom trend line support of gold is in the 2165-2160 area, while the short-term support is in the 2172-2168 area, so gold may rebound again after touching these two areas.
So relatively speaking, in gold trading, we can first go long gold based on the short-term support area, and the target can be towards 2185 and 2195. Of course, after gold rebounds to these two target positions, we can also consider shorting gold in this position area.
There are many options for trading now, so you can still make a lot of profits from it. 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.