XAUUSD Real-time analysis of the gold market, continuously updat
Updated
Dear gold traders
Yesterday, we chose to leave the field near gold 2785, continued to watch the breakthrough strength near 2790, and finally gold twice explored and stopped near 2790.
We have also successfully predicted that gold may have a correction depth in the 2776-2780 range. Those who have followed me can check out my analysis in the last post.
Today's deal should be clearer
1: From the perspective of the big cycle, gold is still an upward trend and is still strong.
2: From the observation of the cycle at all levels of the hour line, the trend of gold began to weaken
Summary: The purpose of our current day trading can only be backed by the corresponding support, accurate operation, the current gold repeatedly broke new highs, for the future long cycle is indeed accompanied by huge opportunities, but the current day trading choice, we must clearly recognize the pressure and support brought by the various thresholds
3: Figure
Summary: The next few prices I marked are very critical
Downward analysis: We can look at the red line ABC trend, focusing on the zoning pressure around 2780 and 2778, and 2772-2770 below as a short-term target level
Upward analysis: We can look at the trend of the blue line 12345, and focus on the partition support near 2780-2781, and 2790 will be the first target level upward.
If, as a trader, you can also carefully split all my crossing paths, it must be the most accurate judgment on the current trend of gold. We can not predict the future perfectly, but we must understand the current market to make a reasonable trading plan for the future.
Next, I will continue to update our plans and accompany you to keep up with the trend of gold.
Yesterday, we chose to leave the field near gold 2785, continued to watch the breakthrough strength near 2790, and finally gold twice explored and stopped near 2790.
We have also successfully predicted that gold may have a correction depth in the 2776-2780 range. Those who have followed me can check out my analysis in the last post.
Today's deal should be clearer
1: From the perspective of the big cycle, gold is still an upward trend and is still strong.
2: From the observation of the cycle at all levels of the hour line, the trend of gold began to weaken
Summary: The purpose of our current day trading can only be backed by the corresponding support, accurate operation, the current gold repeatedly broke new highs, for the future long cycle is indeed accompanied by huge opportunities, but the current day trading choice, we must clearly recognize the pressure and support brought by the various thresholds
3: Figure
Summary: The next few prices I marked are very critical
Downward analysis: We can look at the red line ABC trend, focusing on the zoning pressure around 2780 and 2778, and 2772-2770 below as a short-term target level
Upward analysis: We can look at the trend of the blue line 12345, and focus on the partition support near 2780-2781, and 2790 will be the first target level upward.
If, as a trader, you can also carefully split all my crossing paths, it must be the most accurate judgment on the current trend of gold. We can not predict the future perfectly, but we must understand the current market to make a reasonable trading plan for the future.
Next, I will continue to update our plans and accompany you to keep up with the trend of gold.
Trade active
Current analysis of gold trend
According to previous expectations, gold adjusted below 2780, and the current 2780-2781 range will be effectively under pressure
We need to wait patiently for the low point test near 2775-2776 to be implemented. We will find a suitable high position and rely on the pressure near 2780 to go short. At that time, the target position of the decline is expected to fall to around 2770-2772. We still continue the idea of our previous analysis
I think that if everything goes well, the area around 2780 is a good position. It will also be the watershed of today's market. The current wide range of gold fluctuations is 2770-2790.
Trade active
At present, gold has fallen to 2773, which is close to our expected decline. Congratulations to our VIP customers. We have successfully taken advantage of the trend to hold profits near 2780. The next transaction is very clear. Leave the market and wait and see. We will see the bottoming shock near 2770-2772. When the signal is clear, I will lead you to start our second entry.
Trade active
Dear gold investors
For now, please continue to refer to my analysis chart for gold, and once again test the central zone of the 2780-2782 range as expected.
If it goes well, this will be another opportunity to enter the market
We will consider going short in this range, and this time our expectation will be around 2770-2772.
If you need clearer signals and trading rhythms, you can discuss and communicate with me. I am willing to share my ideas and the logic behind these transactions with you.
I wish you all the best in the future
Trade active
This wave of gold movement has arrived as expected near 2770
This wave we have arranged from near 2781, which is completely in line with the trading expectations. Congratulations to all members who have followed.
Next, our members must be calm and wait for a wave of adjustment near 2770.
Waiting for the emergence of new trading signals, I will continue to lead you to optimize transactions and establish good trading habits. If you haven't followed me yet, join us. I believe I can bring you a different trading experience, which must be a comfortable and pleasant experience
Trade active
Gold is currently focusing on testing the support level near 2760-2762. By then, this wave of emotions will be fully vented within the day. We need to pay attention to the shock performance in this area. If you missed the previous two waves of market, please don’t miss it this time. Thank you for your attention.Trade active
This wave of profit-taking in gold was also superimposed by the stampede of panic selling and exiting the market. It fell through all support indicators at once, and the trend indicator looked at the 2730-2735 support level.
A big market also means a big opportunity
Next, we will quietly wait for this wave of market adjustments to stabilize and look at the performance around 2730-2735.
Although it is difficult for us to eat a wave of trends from beginning to end, with the mentality of profit-taking, we are not in a hurry to trade immediately, which will cause ourselves to fall into a bad situation. This is also the wisdom of trading.
Congratulations on our profits, and we don’t regret missing out on more profits. We should also congratulate us for successfully hedging.
Continue to seize the beginning of the new market with me
Trade active
As expected in the previous article, gold has stabilized and fluctuated near 2730, entering a wave of adjustment. Analyze from the slope of the channel. As shown in the figure.
1: The blue channel is at the 1-hour level, and the current trend is the main rising channel.
2: The black channel line is at the 1-hour level, and the current trend is a fluctuating channel. Summary: By comparing the angle slopes of the two channels, we can rationally analyze that the current upward trend of gold is already in exhaustion adjustment.
Technical analysis: 1: It has bottomed out near 2730, and the current exhaustion oscillation of volume and energy.
2: The red upward 12345 line trend is the trend of regression, which is also the technical analysis basis for going long with the trend.
3: The downward trend of black ABC indicates that gold has completely broken through the trend structure and is fluctuating downward. What it faces in the later stage is the pressure near 2730, and then the possible trend reversal. We need to take into account both of the above possibilities to prevent them before they happen. Fundamentals: At present, with the expectation of interest rate cuts and the uncertainty of elections. I have my reasons to predict that the future gold is likely to continue to rise.
Technical aspect: We can continue to go long near 2730, but at this time we must control our positions and take precautions against uncontrollable factors of subsequent extreme trends.
For intraday trading, we still abide by the trading concept of following the trend.
Trading rhythm, light position, continue to be bullish against 2730, pay attention to the upper price pressure of 2748, 2758, 2770, and the new high pressure of 2790.
Trading Holy Grail: Once the trend is formed, it will not change easily, and it will be a long-term effect with the balance as the unit time. It is not ruled out that the profit is taken at a high position in the middle, and the possibility of a sharp decline in the short term, we need to make our own reasonable trading plan. Because we cannot change many unknown events, we should make a good trading plan for the moment.
Defense
The meaning of defense is to protect the balance. Assuming that gold falls below 2730, we should change our inherent long-term concept in time. Intraday trading is mainly based on accuracy. At that time, we can refer to the pressure near 2730 to short.
Through the above analysis. If you still don’t understand the trend of gold, you can talk to me and pay attention to my subsequent plans. Let’s grow and make profits together.
Trade active
Gold rebounded from around 2730 to the first pressure level of around 2748-2750
Such a trend is basically in line with the rebound expectations
We decisively bought after confirming the retracement signal around 2739.
The first target of the current rebound: 2758-2765, the second target: 2770-2775
If all goes well, gold will still return to the right track this week, and the short-term bullish trend will continue
As an intraday transaction, we have made a total profit of more than 100 points this week, which lays a foundation for trust in the next transaction
Today I will continue to give you the latest analysis of gold. Thank you for your attention and thank you for joining us.
💯Free Gold Trading Strategy Group
📲t.me/+H5sfR_QPwhtkOWJk
🔥Accurate and professional market analysis
🔥Real-time trading strategy sharing
🙌Gold trading is no longer lonely
🙌Looking forward to your joining!
📲t.me/+H5sfR_QPwhtkOWJk
🔥Accurate and professional market analysis
🔥Real-time trading strategy sharing
🙌Gold trading is no longer lonely
🙌Looking forward to your joining!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.