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Goldidea

Gold rebounded as expected and made a profit of $17KGold rebounded as expected. I believe that many people were chasing short gold yesterday and today. However, after gold fell sharply, I have reminded everyone not to be overly bearish on gold. Gold may have a short-term rebound and repair.And it is very likely to copy the trend after April 23. We first went long gold in gold trading today. After gold rebounded as expected and touched above 2310, we looked for opportunities to participate in short-term short gold. In both long and short transactions, the transaction ended by hitting TP, with a total profit of $17K. At present, gold has rebounded as expected and touched above 2310. However, gold is not particularly strong during the rebound, so it is difficult for gold to form a unilateral trend in a short period of time. It even needs to continue its energy in the form of shocks like the previous period. So even if we see gold rebound and rise, we cannot be overly bullish on gold. I think gold is most likely to replicate the trend of April 23, so for the short term, we can see that the short-term top position is in the 2325-2330 area, and it may not even touch this area. Therefore, during the rebound of gold, we cannot be overly bullish on gold. Moreover, before the interest rate decision and non-agricultural data are released, it will be difficult for gold to do much, and it may even need news guidance to break the current volatile trend. Therefore, before breaking through the volatile trend, for the current short-term, both long and short sides have the potential to make profits. The top will first focus on the 2310-2315 area, followed by the 2325-2330 area. We can wait for opportunities to short gold around these two areas; and as gold rebounds, the bottom will first focus on the 2295-2290 area, followed by the 2285-2280 area. Similarly, we can look for opportunities to do long gold around these two areas. I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDLong
by alongwineer
GOLD-analyze The Federal Reserve's monetary policy meeting is expected to maintain interest rates at 5.25%-5.5%. Federal Reserve Chairman Jerome Powell's speech on Wednesday will provide more clues on expectations for a rate cut. Traders have scaled back bets on the Federal Reserve cutting interest rates this year as recent U.S. economic data has been stronger than expected and inflation continues to rise. Bond investors expect Fed Chairman Jerome Powell to sound hawkish at a news conference, likely stating that the Fed is in no rush to cut interest rates given persistent inflation and a still-strong labor market. In addition to the Fed's interest rate decision and Fed Chairman Powell's speech today, the US April ADP employment data and the US April ISM manufacturing PMI data will also be released, which requires focus. Yesterday, gold fell all the way without even a chance to rebound. This was something I did not expect. Since the market has already shown this trend, we can only follow the market. The current market is absolutely weak. Today, rebound selling is the main focus. The suppression points of concern above are the moving average suppression points of 2313, 2300, and 2295. But gold must fall below 2270 before it can completely turn into a downward trend. Otherwise, I think gold still has a chance to rebound to 2330-2344. The focus of today's market is after the release of the US ADP data. The impact of the data cannot be seen through technical aspects. We will wait for the data to be released before looking. Therefore, today's trading can wait for the resistance point to sell. Radical traders can sell near 2290. What if you don't know how to trade? Join me as I analyze and provide ideas every day
FX:XAUUSDShort
by UnknownUnicorn71050047
Short gold, pointing at 2300!After gold fell below the upward structure today, it fluctuated all the way down. It stopped falling and rebounded after hitting around 2311. However, the rebound was relatively weak and it did not even touch the 2320 position. We currently still hold a short position near the 2323 position. Unfortunately, gold only touched near the 2311 position and did not hit TP: 2310. So what we need to do now is to wait patiently for gold to fall and hit TP. . Since gold has fallen below the upward structure, we cannot blindly insist on being bullish on gold. On the contrary, we should adjust our short-term trading strategies in a timely manner as the market changes. According to the current structure, gold has no ability to resist during the decline. Relatively speaking, gold's short position advantage is slightly better. As gold falls, multiple early supports for gold have turned into resistance. Now gold faces resistance in the 2320-2325 area in the short term, followed by resistance in the 2335-2340 area. The support below is the 2300 mark. According to the current situation, gold is expected to continue its correction and touch the 2300 area. Therefore, in the next short-term trading, we will change our trading strategy as the market trend changes. In short-term trading, we will mainly short on rallies.I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
1
IS BTC READY FOR NEW INCREASE TO 68KBitcoin seems the last day in a broken downtrend with here and there what stability. There are some important levels if BTC can hold them, we could see a new uptrend weekend, which weekends are known most of the time on their stability volume. The trend of now. BTC trying to find the right way to get out to new building volume, out of the playing trend. Can this weekend have a new change since we are by the key level that's exactly what we will follow if BTC can break the key level l of 65K with a high chance of 68K There is always a chance there will be manipulation volumes, it depends on building volume and that's hard to count. small changes can always be targeted, its BTC. For day traders, there change noting, since day traders trade depending on what the market shows, this can be short or long at any time. This is not trading advice, markets going on their way.
Long
by SatochiTrader
1
GOLD-analyze What everyone needs to pay attention to in the near future is further news on the situation in the Middle East and economic data from the United States. The geopolitical situation has slowed down. For the time being, Israel, Iran, and Hamas have no radical actions or battle plans. The market is a little calm, and the safe haven of gold is not so obvious. In terms of U.S. data, all data are looking for a slowdown in the U.S. economy. There is no clear result yet on the plan that will be enough to further reduce inflation. Today we need to pay attention to the performance of the initial monthly rate of durable goods orders in the United States in March. The current market expectation is for a month-on-month increase of 2.5%, which is slightly negative for gold prices. Yesterday, gold reached a low of 2291 and closed at 2322, indicating strong support below. Today we will temporarily treat it as a range, with a large range of 2290-2350 and a small range of 2300-2344. Above 2300, gold is still in an upward trend, but it is a weak trend, so buying is still the main trend, and selling needs to be cautious. I marked the support and resistance on the chart. You can buy in the support range or sell in the resistance range. Arrange your transactions reasonably according to your own funds. If you don't know how to trade, join me and I will analyze it every day
FX:XAUUSD
by UnknownUnicorn71050047
Gold Chances Of High Price Today Confirm Gold has struggled to approach the new all-time high around $2341, apart from the Friday push, and has traded sharply lower on Monday. The next level of support for the yellow metal appears at $2319.50 ($2320), which could indicate a deeper pullback towards $2222. Gold has been trading within overbought territory for an extended period of time and has finally recovered into a more ‘normal’ range. Gold has proven to be impervious to a stronger US dollar as well as US Treasury yields, but now that risk appetite appears to have lifted, will the non-yielding metal begin to feel the effects. Additionally, robust US data has led the market to push out rate cuts later in the year, something that is likely to keep the greenback supported, weighing on gold.
OANDA:XAUUSDShort
by Forex_Master-
GOLD-Range trading A survey released by the Federal Reserve on Wednesday showed that U.S. economic activity expanded slightly from late February to early April, and companies said they expected inflationary pressures to remain stable, continuing a recent trend that has prevented the Fed from cutting interest rates. In terms of the geopolitical situation, the United States, the European Union and the Group of Seven (G7) have all announced plans to consider imposing stricter sanctions on Iran. The outside world believes that this is to appease Israel and persuade it to restrain its retaliatory actions against Iran. Today, we will focus on the changes in the number of initial jobless claims in the United States and the annualized total of existing home sales in the United States in March. We will also pay attention to the speeches of Federal Reserve officials and news related to the geopolitical situation. The current high of gold is at 2431, and the lowest has fallen to around 2324. It is currently oscillating above 2300, and the market has no continuity. I think that only when gold falls below 2300 can we judge whether the upward trend has changed, and when it falls below 2272, we can confirm that it will be in a downward trend. Now we can sell high and buy low within the range. The large range is 2320-2405 and the small range is 2348-2398. The current daily fluctuation of gold is 30-40 US dollars. The above is the standard for trading. The upper 2392-2398 is yesterday's resistance range, and the lower 2340-2350 is the support range. Arrange positions reasonably according to funds. Gold changes quickly. You need to change your strategy in real time according to the trend. The above is for your reference. Follow my trading strategies to greatly increase your trading success rate, so that you can make profits through trading
FX:XAUUSD
by UnknownUnicorn68604160
What affects the direction of gold?World gold prices tend to decrease with spot gold down 2.4 USD compared to last week's closing level to 2,388.8 USD/ounce. The world gold market last week fluctuated according to a familiar pattern. Gold prices continuously touched new highs thanks to being boosted by shelter demand due to fears of escalating tensions, but then retreated and entered a consolidation phase. Kitco News' latest weekly gold survey shows that both Wall Street experts and retail investors continue to believe in the precious metal's strength, with 71% of Wall Street experts and 64% of general investors. Retail participants participating in the survey forecast that gold prices will increase this week. According to SIA Wealth Management market strategist Colin Cieszynski, risks remain significant and could trigger market rallies. Sharing the same opinion, senior commodities broker Daniel Pavilonis of RJO Futures also said that geopolitical conflicts will continue to push gold prices up even if there is no immediate escalation. Market analyst Everett Millman of Gainesville Coins said that developments in the Middle East are still the main factor affecting the direction of gold this week when there is not much economic data published. Expert Millman believes that, before the June monetary policy meeting of the US Federal Reserve (Fed), the market will put aside anything related to interest rate expectations until the situation is resolved. in the Middle East is really calming down.
OANDA:XAUUSDLong
by FalCol_TradingMaster
1
Oh My Gold!- Everything is in graph. - maybe Gold will start a new rise after BTC Halving. " In a bearish market, investors typically prefer to buy gold, and at times of high inflation and market volatility, gold is considered by many as a 'safe haven' asset. " - This was the definition of a safe heaven i found in Google, but this have no more sense in 2022.. - if you bought GOLD in 2011 ATH and sold in 2022, you would have made somehow zero benefits or lose your money because of lack of patience. - How much money you would have made buying Bitcoin in 2018 ? ( no need to push the date to 2011..) if you really want to know what is happening now, it's really simple and logic : - The New Generation is impatient, they buy BTC and Cryptos, they take risks. - They make much more money and faster money than buying a corrupted metal controlled by Governments ( Thanks to Nixon's Team in 1971 ). - When Cryptos Bull runs burst to new ATH, smart peoples drop Cryptos to buy Gold, Rolex, Graphic Cards, and Lambos or RS7 ( a joke for my friend Baba ) - in a worst case of world war, it's much more simple to have a Ledger in the pocket than move with 50 Kgs of Gold in a bag. - The New Money is in the Blockchain. Happy Tr4Ding !
TVC:GOLD
by thecryer
22
GOLD-Range trading Western countries plan to quickly impose new sanctions on Iran to help dissuade Israel from a major escalation. Israel's war cabinet postponed until Wednesday a third meeting to discuss how to respond to Iran's first-ever direct attack, anticipating another expansion of the conflict. There is little data in the United States today. You need to continue to pay attention to the speeches of Federal Reserve officials and pay attention to the Federal Reserve's Beige Book of Economic Conditions. From a technical point of view, the daily cycle is a strong unilateral, and the K-line closes on the unilateral moving average support. The support points of concern during the day are around 2372, 2363, and 2348, and the upper resistance range is around 2400-2405. 4H is a standard range oscillation. The support is near the Bollinger Band. The support of the 4H Bollinger Band is near 2372. This is the same as 1D. Therefore, you can wait until the support point is reached to buy today. You can also choose to sell in the resistance range, SL: 2409, and control the position reasonably so that you can ensure your success rate. The market changes quickly, and real-time analysis is more important. If you think my analysis can help you, contact me Follow my trading strategies to greatly increase your trading success rate, so that you can make profits through trading
FX:XAUUSD
by UnknownUnicorn68604160
Gold is bullish, approaching 2300Trend is king, point wins. On Thursday, we said that gold had another surge. Traders who followed the signal were already busy. Recently, gold has once again pulled up strongly unilaterally. At this time, have you realized the importance of taking advantage of the trend and strictly stopping losses? significance? ! Any so-called resistance or support is worth mentioning in front of the trend! Only trending market conditions can really make big money! This round of bulls is based on another rise after the adjustment to a new high of 2222. In terms of daily space, 2300 does not seem to be a difficult task! In terms of form, the rise does not mean a top. As long as the top pattern appears, the world is dominated by bulls! Get rid of personal subjective ideas, follow the trend of the market in all operations, and follow the trend, that is the kingly way! Currently, the daily, four-hour and one-hour bulls are tied upward, so don’t think about hitting the top! Just continue to wait for the price to fall back during the day and go long! You can pay attention to the shape changes in five minutes, wait for the price to fall back, when will it bottom out in five minutes, and when will you go long! All we have to do now is wait for this signal! If you have the chance, do it; if you don’t have the chance, just wait!
FXOPEN:XAUUSDLong
by Leo-trading-star