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XAUUSD:11/10 Today’s Trading StrategyGold opened higher yesterday and moved higher. The daily line closed the solid positive line. The K-line stabilized and the 10-day moving average rose. The 5-day moving average turned upward. In the short term, gold has strong upward momentum and is expected to rise further today. Focus on the 1873 first-line resistance level above. Overall, gold opened higher and moved higher. The current rebound at the daily level is a rebound correction of the previous downward trend. This time gold stopped falling and rebounded at 1810 to cooperate with the news. Sustainability is a problem. From a technical point of view, there is no trend change. From the perspective of wave structure, It is still in an upward C wave 4 rebound trend at 1810, followed by a downward wave of 5 waves. Monday morning's higher opening left a gap that has yet to be filled. Generally speaking, the gap in gold will be covered on the same day, no more than three trading days at the latest, and it is rare that it will not be covered. Today we continue to pay attention to the pressured decline after the rebound to cover the gap. In addition, even if the current trend of gold reverses, there will be a second bottom move. Looking at the 1-hour chart, gold opened higher on Monday and rebounded after hitting 1844. This level has become a watershed for bulls today. As the bulls continue to ferment, the resistance above will become heavier today. The price currently touches the daily resistance position, which is also the price After the first correction to the daily resistance, we need to pay attention to the further pressure on the market to fall. In addition, the gap below has not yet been filled. At the same time, the price shows a divergence phenomenon on the hour, so we can consider shorting near 1867, and focus on the 1845-1835 area below. After the price completely covers the gap, we will re-analyze to see whether it will continue to be under pressure or correct again. On the whole, today's short-term gold operation ideas suggest that the rebound is mainly short, and the callback is supplemented by long. The top short-term focus is on the 1867-1870 first-line resistance, and the bottom short-term focus is on the 1843-1845 first-line support; SELL:around 1867~1870 SL:1875 TP1:1860 TP2:1855 BUY:1843-1846 SL:1837 TP1:1851 TP2:1856
OANDA:XAUUSD
by ActuaryJ
XAUUSD:12/10 Today’s Trading StrategyJudging from the market, after the Asian market fell slightly on the previous trading day, the European and American markets continued to rise. After touching the 1877 line, the rise briefly stagnated, and after closing at the high level, it remained at the 1875 line. After that, the entire upward movement this week showed a step-like upward movement. After each round of breaking high, there was a retracement action. After sufficient retracement correction, a new upward attack action was launched. Therefore, the subsequent layout should focus on the correction after the upward attack. In the day trading, it is recommended to pay attention to the two support points of 1871 and 1868 as the starting point, and carry out the buy operation. The price of gold continues to remain high, setting new highs continuously without any expected correction. Gold prices are challenging the 1880 mark. Judging from the shape and market popularity, 1880 may put some pressure on this rise, but it may be difficult to suppress the current rise. Therefore, it is recommended to enter long positions when gold prices approach 1870. One last thing to note is that 1880 is a suppression point. This position is the suppression point of the early rebound and the starting point of the decline. If the current rebound reaches this position, it may be under pressure. On the whole, it is expected that the price of gold will continue to rise after a slight decline during the day, testing the pressure level of 1880 for the first time. The bottom focuses on the 1865 support, and the top focuses on the 1880-1900 resistance; comprehensively, today's short-term operation of gold recommends going long after the correction, and then shorting at high levels. The top focuses on the 1884-1890 resistance in the short term, and the bottom focuses on 1865-1863 in the short term. support; BUY:1867-1870 SL:1862 TP1:1875 TP2:1880
OANDA:XAUUSD
by ActuaryJ
1
XAUUSD:13/10 Today’s Trading StrategyIn the early stage, gold was affected by a series of hawkish moves by the Federal Reserve and ushered in a unilateral downward trend. However, the decline eased after testing near 1815 many times, and there was a downward rebound during the non-agricultural market, and the bulls launched a counterattack. Subsequently, the Palestinian-Israeli risk aversion situation helped gold rise, and it gapped higher and once returned to above the 1850 mark. It continued to rise the next day, reaching a high of 1885. Gold's daily bullish streak rose to around 1885, and now it has fallen sharply to the 1870 mark. It surged higher the next day and then fell back to end, indicating that there is indeed a lot of selling pressure at 1885. 1880 happens to be the 50% position of the 1950-1810 Fibonacci retracement point, which is also the key pressure in the early stage; 1885 above is the early support bottom. Bulls need to be vigilant if they hit the 1880-1885 range. Now it has been blocked and fell back as expected. Then the next step will be to see whether the decline can continue. If it closes negative again today, there is hope for filling the gap of 1833. Since the current high of 1885 has fallen back as expected, we will continue to maintain the bearish thinking today. After today's rebound, continue to short, and focus on the support of the 1860 mark below. SELL:1878-1881 SL:1885 TP1:1870 TP2:1865 TP3:1860
OANDA:XAUUSD
by ActuaryJ
1
XAUUSD: 6/10, super data day is comingData released by the U.S. Department of Labor showed that the number of people filing for unemployment benefits in the latest week was 207,000, the lowest level in a year. Ohio and Alabama saw the largest declines in jobless claims, while claims rose in California. The monthly jobs report due out on Friday will provide more information on the job market. Economists expect nonfarm payroll growth to slow but remain healthy. U.S. bond yields surged to multi-year highs, driving wild market volatility. Friday's NFP and next week's inflation data will determine whether the 10-year Treasury yield rises to 5% or falls to 4.5%. Traders see a roughly 37% chance the Fed will raise interest rates again this year, according to the CME Fedwatch tool. Gold is highly sensitive to rising U.S. interest rates, as this increases the opportunity cost of holding gold. As the end of the year approaches, we do think gold prices will appreciate next year, and we think the Fed will cut interest rates more than the market currently expects. Investors will look forward to Friday's U.S. non-farm payrolls (NFP) report, which is expected to show the labor force fell to 170,000 from 187,000. A failure to live up to the headline number could give gold prices some much-needed boost on the charts, while a "fail" scenario could see prices continue to fall. Today is a super data day. There is no strategy suggestion. Let’s wait for DXY to give direction first. If DXY is still in the range of 107.69~105.648, it means that gold will continue to fluctuate and consolidate. Wait for today's NFP announcement and observe the DXY trend. If you trade gold, it is recommended to start next week.
OANDA:XAUUSD
by ActuaryJ
1
XAUUSD:9/10 Today’s Trading StrategyFrom a daily perspective, gold rebounded from a low last Friday and closed at the Zhongyang line. From a disk perspective, the gold price trend last Friday was similar to last Thursday. After the gold price fell briefly due to the impact of the data, there was a short-term buying trend. At present, the daily closing line is a yang, which ends the nine consecutive yin. The MACD fast and slow lines diverge upward after the golden cross, and the RSI shows a bottom divergence. However, sideways movement that follows a decline is generally more likely to be a bearish relay. However, trading volume and correction needs at the 4-hour and daily levels have not been met. Therefore, I prefer that gold is currently in a volatile trend rather than continuing to decline. Looking at the 4-hour chart, gold opened near the middle track last Friday. It fell after hitting a low after the evening data was released and then rebounded. It broke through the upper track and closed sideways at the intraday high. The Bollinger Bands are currently in the opening period, and the MA The three lines of the moving average are moving forward, the three lines of the KDJ stochastic indicator are upward, reaching overbought, the red kinetic energy column of the MACD indicator is increasing, and the golden cross of the fast and slow lines is upward. Gold bulls have begun to stabilize after the non-agricultural sector, and it continued to rebound by nearly 20 points before closing. Overall, it shows that the strength of the short positions has begun to slowly dissipate, and the market will gradually confirm the long position. Taken together, the gold day operation idea suggests that callbacks should be the main focus, rebounds are shorts, and the top short-term focus should be on the 1865-1868 first-line resistance. . Since gold opened higher than 20USD, we still have to wait for the US market to show a retracement before making a decision to go long. SELL:1865-1868 SL:1873 TP1:1858 TP2:1852
OANDA:XAUUSD
by ActuaryJ
XAUUSD:3/10 Today’s Trading StrategyGold prices fell to their lowest settlement price since March on Monday and are heading toward a so-called "death cross," which could lead to further falls. In early Asian trading on Tuesday, spot gold continued its decline, with the price once hitting a nearly seven-month low of $1,815. However, fundamentally, “interest rates and the Fed’s hawkish stance are still the theme of this game and the market’s focus in the coming weeks. The main driving force”. The last time gold prices fell this low was more than six months ago, when a regional U.S. banking crisis triggered an influx of buyers. “Then, as now, pressure on gold prices came from rising U.S. government bond yields and an assessment of expectations for higher long-term interest rates. Judging from the current daily structure, all important positions that could provide technical support in the past have been broken. It seems that the decline has lost its support basis. Gold bulls have been completely passive. Even if the US dollar index appears to be under pressure, it will not be helpful to gold bulls. Therefore, when gold can stop falling and rebound in the future, and when bulls can exert force, it may require the influence of fundamentals. Without the support of positive fundamental factors, even if gold stops falling and rebounds, its strength and space may not be able to eliminate the extreme emotional pressure of short sellers. Therefore, for the future trend of gold, we need to pay close attention to changes in fundamental factors and market sentiment. Judging from the daily analysis, the gold moving average continues to cross downwards, and the short trend is still obvious. Gold has been falling all day without any rebound. It is difficult to say when this trend will bottom out. It can only be said that it continues to be short with the trend. Gold rebounded slightly to 1840 and then fell back. This shows that gold 1840 still has great resistance. Overall The technical pattern is very clear for short positions. Any rebound is a short-selling opportunity. Keep trading with the trend. Taken together, today's gold operation idea is to focus on short selling on rebounds. If you go long on callbacks, you can only make about 5 US dollars before leaving the market. SELL:1828~1830 SL:1835 TP1:1821 TP2:1816 TP3:1805 BUY:1805~1808 SL:1800 TP:1815
OANDA:XAUUSDShort
by ActuaryJ
1
XAUUSD:4/10 Today’s Trading StrategyYesterday, the technical side of gold rose first and then fell. The Asian market quickly fell back and fell to near the 1815 mark, which ushered in a shock rebound. It rebounded further in the afternoon and went up to above 1825, falling into sideways consolidation. Later, the U.S. market accelerated slightly and surged above 1833, falling back and closing with shock. , the daily K-line closing suppressed the volatile negative line, and the overall price continued to be under pressure at the 1833 mark to continue the weak short position. The current weak short position line focuses on the opening of the US market yesterday at 1833, and the daily line level failed to break through and stand above this position to continue to maintain To suppress the short position, today's counter-draw continues to rely on the 1830-1833 area to be mainly bearish and then to see the decline. The lower target level is still focused on breaking the bottom. The upper part of the overall shape continues to maintain the suppressing short position unchanged. The counter-draw continues to be mainly bearish. Below 1833, the counter trend is long. You need to be cautious and continue to participate in transactions with the trend; ​ Judging from the one-hour pattern, the gold price fell rapidly yesterday and stopped at 1815, and then rebounded close to 17 US dollars. However, it was just a normal decline and rebound. After the pressure level is confirmed, the decline mode will continue. The turning point for shorts in the early stage was at 1830. The trend of the hourly line has repeatedly attacked 1830, but all of them have failed so far. The one-hour moving average pressure has been revised down to 1828, while the pressure on the trend line is at 1837. It has not stabilized at 1837. We are still We cannot think that the market has reversed, and if there are short signals during the period, we will continue to be bearish! In the short term during the day, continue to choose high-altitude operations; continue to follow the short principle! Today, focus on the resistance of 1830-1833 at the top and the support at 1815-1804 at the bottom. Continue to look down after breaking the position; the target position for this decline is 1800-1795 support, and the target will be bullish when the target reaches here; Taken together, today's gold short-term operation thinking is Jiesse's suggestion to mainly go short on the rebound, and then go long on the pullback. The top short-term focus will be on the 1830-1833 first-line resistance, and the bottom short-term focus will be on the 1815-1804 first-line support. All friends must keep up with the rhythm. It is necessary to control positions and stop loss issues, set stop losses strictly, and never resist orders. The recent market turmoil has been relatively large, and opportunities and risks coexist. Control risks and gain profits. SELL:1830~1828 SL:1835 TP1:1822 TP2:1816 BUY:1804~1806 SL:1799 TP:1815
OANDA:XAUUSD
by ActuaryJ
XAUUSD: 2/10 Today’s Trading StrategyGold continued to consolidate at low levels on Monday. Gold prices suffered a sharp sell-off last week, continuing and accelerating the downward trend that began after the Federal Reserve raised interest rates on the 20th and kept interest rates unchanged. Previously, the Federal Reserve reiterated that interest rates will remain high for a longer period than previously expected. , and there will be at least one 25 basis point interest rate hike. Gold has been sold off due to concerns about high interest rates, and gold prices may fall further in the first week of October. The interest rate theme has markets on edge and gold's behavior as the Federal Open Market Committee (FOMC) has been aggressively bearish. Gold fell rapidly to $1,850 in a short period of time last week. The bearish situation seems not to be over yet. After the gold price rebounded on Friday, it tested the resistance and then was pressured to break through the bottom. The price has gone out of the space of tens of dollars in both long and short positions during the day. The current gold trend is downward, and the market on Friday is a buying after oversold. The rebound of the market! Surprises can also happen in trending markets! Gold has no real moving average support in the booth and before the moving average golden cross, the downward trend will continue! The current key pressure is still the pressure position of the 4-hour mid-track! The two moving averages are parallel and downward, which means that the trend is intact, so just rely on the pressure position to go short. The short-term long-short watershed is currently around 1867. Shock adjustments began in early trading this Monday. The current moving average maintains a long-term dead cross suppressing the price of gold. The pressure on the short-term moving average has reached the 1861 line, while the pressure on the trend line is at the 1860 line. However, such a big rebound is not expected during the day. , today’s solid operation strategy is to wait for the price to rebound before going short. SELL:1845-1848 SL:1853 TP1:1938 TP2:1832 TP3:1828 It is currently in a downward trend, and the risk of going long is relatively high. It is not recommended to participate.
OANDA:XAUUSDShort
by ActuaryJ
1
XAUUSD: 28/9 Today’s Trading StrategyOn September 28, the gold market started to fluctuate. It will take some time to digest the large movements yesterday. Gold is currently trading at around 1876. The price of gold fell again on Wednesday and fell for the third consecutive trading day. It fell below 1880 for the first time since March 13. The intensity has further increased. Although it has fallen beyond the lower track, there is a certain demand for a technical recovery. However, the indicators in the attached picture still show no signs of weakening short positions, which implies that there is still room and strength to continue to decline in the market outlook. The trend will rely on the lower Bollinger Bands or the resistance of the 5-day moving average for high-altitude entry, waiting for the weekly target to be reached. The current high of 1950 has clearly peaked. This impact has led to a negative decline in 1947, laying the foundation for the Air Force's downward trend. The Federal Reserve's interest rate hike expectations are even more hawkish, and the fundamentals are overwhelming the bulls. The daily line also surges higher and then retreats, and the volume continues to decline, and the MA5-MA10 moving average crosses over. The weekly line is also repeatedly under pressure at the Bollinger Track and enters a volatile downward stage. Yesterday, the technical side of gold opened and saw the day's high of 1903. The line continued to come under pressure and fluctuated downwards. The European market further accelerated downwards and penetrated 1890 and continued to weaken. The US market accelerated downwards and penetrated the 1880 integer mark and continued to fall back to 1872. Weak closing, the daily K-line fell back and broke the bottom, and the overall price hit a new low for the year. It can be seen that the rebound was very little, and there was no chance for a rebound. The golden four-hour line continued to have a negative line downwards, and the last two days have all closed with a negative line. , directly breaks through the support level, from 1910 to 1900 and then to 1890, each support level is passed directly in one step. This is the strength of the short position, and trading with the trend is inevitable. So for today's operation, just take advantage of the trend and go short. We will not consider long orders for the time being. If the upper limit touches near 1882, we will directly go short. The stop loss is still 7 US dollars, and the target is 1865.
OANDA:XAUUSDShort
by ActuaryJ
XAUUSD:27/9 Today’s Trading StrategyWednesday: During the international prime Asian trading session, also boosted by the rebound from bottoming out overnight and the decline of the U.S. stock market, the decline stopped within a narrow range, but the fluctuations were limited, and there is still a risk of a short-term decline. Yesterday, gold once fell below 1900, the first low since August 23, and finally closed down 0.78% at 1900.74. After gold continued to decline in the previous trading day, it is currently temporarily supported at the 1900 mark. This is also the position where it was supported and rebounded in the last round of decline, but this time it will not be so lucky to rebound. After the market price touches this line, there is almost no rebound trend, but it continues to fluctuate around this line. It seems that the bulls have given up resistance, so it is only a matter of time before this position is broken. The correction pattern after a decline is nothing more than two situations, either a rebound correction or a sideways correction. After 1947 fell below 1915, there was a rebound from 1915 to 1930. This rebound is a rebound correction. Yesterday's shock around 1917 was a low-level sideways correction. Today's market is similar to yesterday's situation, which is also a low-level shock and sideways correction. After the sideways correction is completed, it will continue to move. fall. Yesterday was almost a unilateral decline. Gold rebounded weakly in the second half of the night. The highest in the early morning could only be around 1903.6, which shows that the market is extremely weak. In the short term today, it will continue to decline further. The next step may be to test the 1890 mark, so today's The operation is to follow the trend! SELL:1905-1908 SL:1912 TP:1901 TP2:1896 BUY:1887-1890 SL:1883 TP1:1895 TP2:1900
OANDA:XAUUSDShort
by ActuaryJ
XAUUSD:25/9 Today’s Trading StrategyGold stabilized at the 1920 mark last Friday and ushered in a shock rebound and recovery. The Asian and European markets fluctuated sideways above 1925, showing a defensive trend. In the evening, the US market accelerated slightly and reached the 1929 line, falling back and closing with shock. From the perspective of technical analysis, gold Judging from the above, the current trading daily level structure shows that after the market rebounded higher in the first half of the week last week, there was a dive on Wednesday night, breaking the illusion of the bulls. A big negative line on Thursday reversed the rebound. Although the rebound closed on Friday, it was just a retaliatory rebound for the previous consecutive declines and did not affect the downward trend. Therefore, the bottom is expected to continue this week. In the short-term bull counterattack last Friday, the market broke through the 1924 suppression level, but under the heavy pressure of 1930, the rebound was curbed. The golden four-hour line continues to remain above the 50 moving average. The fall of the K-line is a normal trend. The more the fall, the higher the rebound. This is inevitable. At the same time, the bottom continues to maintain a big positive line to stop the decline, and strongly supports the K-line, 50 The moving averages continue to show signs of rising upward. Although the lows are also constantly rising, the stochastic indicator is currently trending toward a dead cross, running bearish and downward, and the BOLL central axis is temporarily suppressed. Therefore, in the short term within the day, there may be a shock retracement first and then Downward trend. Therefore, in the short term during the day, Jiesse still recommends short selling at high prices to operate! ​ ​​​Gold operating strategy: SELL:1927-1930 SL1935 TP1:1923 TP2:1918
OANDA:XAUUSD
by ActuaryJ
XAUUSD: 18/9 Today’s Trading StrategyThe international gold price fluctuated slightly and rose slightly on Monday, while the U.S. index remained stable above the 105 mark. Market focus this week will be on the Federal Reserve, with the Federal Open Market Committee meeting on Tuesday. Last week, spot gold successfully held on to the 1900 mark, and after the daily line closed with a cross star, a big positive line rose, successfully breaking through the Bollinger Middle Track, indicating that a large number of buying orders began to enter the market, and a reversal signal was shown at the low level. The short-term bulls have reversed the weak situation and successfully closed above the 1920 mark. The MA5-MA10 moving average has also begun to turn upward. If the bulls successfully break through the 1930 mark, it will continue to rise. What needs to be noted is that the weekly trend is in the peaking and falling stage, and the overall situation is still volatile and downward. Bulls may not necessarily be able to break through 1930. This position is the top of the recent shock in the 1915-1930 range, and there is a lot of short pressure. But it should be strong in the short term. Since gold has bottomed out, it means that gold will further rise in the future. You need to pay attention to 1952 above. You still have to be careful about the risk of falling back here. If you can successfully break through this pressure level, then The upper space has been opened, so once the price breaks through 1952 as the main resistance, it means that bulls will have unimpeded access in the future. Gold has stopped falling and has turned bullish, so this week gold is mainly on a correction low and long. Today we focus on the vicinity of 1930. If the 1930 position is successfully broken, it will continue to see the 1935 position. ​Gold operating strategy: BUY:1920-1923 SL:1916 TP1:1926 TP2:1930
OANDA:XAUUSD
by ActuaryJ
XAUUSD: 19/9 Today’s Trading StrategyIn early Asian trading on Tuesday, the U.S. dollar index almost fell below 105, ending nine consecutive days of gains ahead of the Federal Reserve's FOMC decision. Gold rose to $1,934 as the market awaited key central bank decisions this week. Many central banks, including the Federal Reserve, the Bank of England and the Bank of Japan, will announce the results of their interest rate discussions. The combination of factors such as the resilience of the U.S. job market, controlled CPI inflation, and accelerating economic growth suggest that Fed officials may anticipate a soft landing for the economy in their upcoming forecasts. However, what cannot be ignored is that expectations for another interest rate hike still exist. Yesterday, the overall technical aspect of gold relied on the 1922 mark to continue the upward trend of bullish shocks and breakthroughs. The Asian market opened and stabilized at the 1922 mark, and then ushered in the strong pull of the bulls to rise higher. In the afternoon, it slightly surged above the 1930 mark and fell back under pressure. The US market fluctuated repeatedly in the evening. The sideways trading above the 1922 mark once again ushered in the trend of bulls breaking high, and finally closed above 1930. The gold price ushered in a strong bull rebound for two consecutive trading days. In the short term, the bulls' strong rhythm continued unchanged, and gold continued to rise again. After a narrow range of fluctuations, it broke through 1930 in the early morning, reaching a maximum of 1934.6, and closed with a positive line. Judging from the current market, three consecutive positive lines on the daily chart basically set the bottom shape, and at the same time, the daily chart A wave was supported by the lower line and then went up. From the 1-hour chart, the stochastic indicator's golden cross is upward, and there is no dead cross for the time being. The market is resisting the decline. The high point is still not out, which is a bullish signal. The support position for top-bottom transition is near 1930, and the lower support is The position is near 1922, and the upper pressure position is near 1935. From the market point of view, the gold price has ushered in a strong bullish rebound for two consecutive trading days. In the short term, the strong bullish rhythm continues to remain unchanged, but there is definitely a callback, and it is not expected to be strong. Then for short-term trading within the day, Jiesse recommends just going long with the trend. ​​Gold operating strategy: SELL:1940-1943 SL:1948 TP1:1935 TP2:1930 BUY:1926-1929 SL:1921 TP1:1934 TP2:1939 Technical analysis, for reference only.
OANDA:XAUUSD
by ActuaryJ
XAUUSD:15/9 Today Gold Trading StrategySpot gold fluctuated and rose on Friday, currently around 1918. The gold price bottomed out overnight and rebounded. It once hit a nearly three-week low near the 1900 mark, and closed back up near the 1910 mark. Stimulated by the news yesterday, gold quickly fell back to around 1901 and then stopped rebounding. Under the pull of the big positive line At the time of the rise, the long and short positions did not reveal much of the trend. In the continuous falling market, the support below 1900 first stood firm, and this position will also be our key breakthrough point in the later period. Such a position If the support effectively generates a rebound, a bullish reversal is likely to form in the short term, and the key suppression port above remains near 1915. Since the 1915 position has been broken, let's further look at the 1920 position, which is also a key suppression area. , with the suppression of the short-term moving average during the day, it is very likely that there will be an effective breakthrough again. At present, when the gold bulls are pulling back, but there is no signal of strength, we can still try to go short and wait, and once it breaks through After reaching around 1920, we still need to adjust the trend in time. Otherwise, if the breakthrough fails, we will continue to call back and test the 1900 mark support. Let’s operate around the 1920-1900 range today! ​ ​​​​Gold operation strategy: SELL:1919~1923 TP1:1914 TP2:1910 BUY:1905-1908 TP1:1912 TP2:1918
OANDA:XAUUSD
by ActuaryJ
XAUUSD: 14/9 Today’s Gold StrategyOn Thursday (September 14), in the Asian market, the spot gold price was still around 1909. Core CPI, excluding food and energy, rose 0.3% month-on-month in August, slightly higher than the 0.2% increase expected by economists polled by Dow Jones. The figure increased 4.3% from the same period last year, in line with expectations. Overall data rose 0.6% last month, in line with Dow Jones forecasts. Overall prices rose 3.7% year-on-year, higher than the 3.6% expected by economists. However, the slight decline in core CPI was a positive signal last time. After the data was released, expectations for the Federal Reserve to raise interest rates in September continued to cool, and the U.S. dollar index rose. After that, it adjusted again and opened lower in early trading. However, from the perspective of the overall environment, the US dollar is still favored by the market, and the overall strong pattern may be difficult to change! Gold's space did not move much yesterday. The inertia dropped to 1905 and fell into shock. The space convergence became smaller and smaller. In the short term, it has entered this slow and oscillating rhythm. The space has shrunk and the long and short sustainability is insufficient. The daily Bollinger Bands have begun to close. Combined with this week's space contraction, this convergence shock may continue in the short term. The 4-hour chart is still on a downward trend. Yesterday, it was under pressure and inertia broke through the low point near 1916, but the momentum was not great. It closed at a neutral position. It still maintains the downward step and is oscillating slowly downward. In the short term, 1930 will not recover, and the trend is short. unchanged, the resistance of the downward trend line has also begun to move down to around 1920. Now that gold has successfully broken below to support the 1915 line, for the next trend, we will take advantage of the trend to see a new round of downward structure formed after the breakthrough. Therefore, Jiesse’s operation is still the same as yesterday. It is still mainly short selling at high levels. It will continue to break through 1900. Fall! ​ ​​​Gold operating strategy: SELL:1914-1917 SL:1922 TP1:1910 TP2:1906
OANDA:XAUUSD
by ActuaryJ
XAUUSD: 8/9 Today’s Trading StrategySpot gold rose slightly on Friday and is currently around 1926. After the ISM non-manufacturing index on Wednesday showed that the service industry is still strong, the number of initial jobless claims released on Thursday hit a six-month low, which also showed that the labor market is still resilient, once again strengthening the market's tightening expectations for the Federal Reserve, and the U.S. dollar index remains strong. . Yesterday's fundamentals showed that the number of initial jobless claims in the United States in the week to September 2nd was 216,000, lower than the expected 234,000, and a new low since the week of February 11, 2023. In line with the recent strong US data, the US dollar index has been supported, and gold, silver and non-US prices have fallen. Today's fundamentals mainly focus on the monthly US wholesale sales rate in July. Looking at the 1-hour trend, gold has been on a downward trend, and its rebound has been suppressed by the downward trend line! Still a bearish downtrend! However, there has been a divergence in the strength of the decline, indicating that the strength of the decline has been exhausted and there is the possibility of a rebound! However, the upward pull of the U.S. dollar seems to be very strong, suppressing the probability of the gold price falling below this range, suppressing the gold price to fall back, and choosing a direction in the short-term consolidation. The gold daily K-line has fallen for 4 days, and the price has fallen continuously to 1915 recently. The market is gradually approaching the daily mid-term support, and the decline speed is slowing down. Since the 1914-1910 range is the long-short conversion range in the previous market, we can regard it as a short-term support range. That is to say, as long as the bulls trade sideways at 1910, it will still It can rise at any time, so since it does not fall, there is no need to go short. Gold opened at 1919.49 US dollars in early trading. After the opening, there was a shock and rise. The current highest point is near 1927. At $1915, a positive closing line appeared, and there was a stop-fall resistance. The weak market of gold prices in the market outlook is expected to change, and it will further return to the weekly level. Therefore, in terms of operation, Jieese suggests that the main idea is to do long at low positions, and focus on the 1918-1920 position below. ​​​​Gold operation strategy: BUY:1919-1922 SL:1914 TP1:1926 TP2:1930
OANDA:XAUUSD
by ActuaryJ
XAUUSD: 7/9 Today’s Trading StrategyIn early trading in Asia on Thursday, DXY remained strong and is currently around 104.9; spot gold continues to be under pressure, with gold prices around 1918. Gold prices remain on the defensive as market participants flock to the dollar amid stronger U.S. data and hawkish signals from the Federal Reserve. DXY rose to a new high since March 15 on Wednesday, briefly exceeding 105.00. Spot gold fluctuated and rose during the day. It opened at 1916.36 today, with the highest hitting around 1920 and the lowest hitting 1916. Yesterday, the technical aspect of gold overall suppressed the weak and volatile consolidation below 1930. The Asian and European markets shot up twice and were under pressure on the 1928 line, and then fell weakly. Near the US market, it quickly fell to the 1921 line, stabilized and rebounded, then shot higher and pierced the 1929 line, and was under pressure again. The downward trend broke through the bottom. In the early morning, the gold price continued its weak decline and closed weakly at the 1915 line. The daily K-line closed higher and fell back below the bottom bardo. It closed with the suppression of the short bardo for four consecutive trading days. The overall price continued to show a weak downward trend. The 4-hour chart constructs a downward chart. Currently, the short-term short-term defensive point is based on the middle track of Bollinger Road, which coincides with yesterday's rebound correction high point. In the short term, just take advantage of the trend and go short around 1930. The rhythm may be accompanied by consolidation and correction, but the rebound will not be able to rebound from the previous day's high, and the weakness will continue. The 1-hour chart constructs a small shock step down. Yesterday's rebound consolidated sideways at 1930, forming a second high point, which is also a short-term critical point. Therefore, Jiesse focuses on the top 1925-1930 position, and the lower goal is still to break the low, and needs to pay attention to the lower 1911 position, such as breaking the next support 1907. ​ ​​​Gold operating strategy: SELL:1925-1928 SL:1934 TP1:1920 TP2:1915
OANDA:XAUUSDShort
by ActuaryJ
XAUUSD:6/9 Today’s Trading StrategyThe U.S. dollar index continued its upward momentum on Wednesday and is currently trading around 104.7. The next day, spot gold was suppressed by the rise in both the U.S. dollar and U.S. bond yields, closing down 0.64% at 1926.09. The U.S. dollar index rose all the way, once reaching the 105 mark, and closed up 0.64% at 104.81. Gold opened lower in the morning and fell slowly today, with the price of gold maintaining a slow downward trend near the 1925 line. Gold had a clear correction yesterday, with the daily line closing out a clear negative line, currently near the short-term line, further showing signs of weakness on the part of gold bulls, and the rebound trend midway was very weak. Although the U.S. market tried to counterattack many times, it was eventually crushed. . The price went straight down from 1938, and fell below the rising trend line in the European market. The counter-pressure of the rebound in the evening continued downward. The barbar of the daily chart closed, the price fell below the 5-day and 10-day moving averages and closed below, and the current support is here, but The weak short position on the daily line has appeared. The market outlook will focus on the middle track. It remains to be seen whether it can break down further. Once it is broken, the market outlook will continue to decline. Therefore, for today's market, high altitude is still the best choice. The daily K chart shows random The indicator is in a dead cross state and the main trend is a bearish signal. The key support level is around 1920, and there is also a dividing line support level around 1918. These support levels form relatively strong support areas. Therefore, some corrections may occur during the day, but continued declines require further news stimulation. Therefore, Jiesse suggests that the upper pressure level should focus on the vicinity of 1934-1935 in operation, and the lower target is still to break the bottom, but it is necessary to pay attention to the support level around 1920-1918. In terms of operation, it is recommended to go short after rebounding to a high level, and then go long after going back to the high level. If it does not break 1920, you can participate in long positions. Gold operating strategy: SELL:1932-1935 SL:1943 TP1:1928 TP2:1924
OANDA:XAUUSDShort
by ActuaryJ
XAUUSD: 4/9 Today’s Trading StrategyIn the early trading of the Asian market on Monday, spot gold maintained a slight rebound trend. Gold opened at 1940. Last Friday, the U.S. non-farm payrolls report triggered violent fluctuations in the gold market. The spot gold price once exceeded 1950, and then fell sharply to around 1935. Then the gold price increased. Rebounding, gold prices closed at 1939.80 last Friday, almost unchanged during the day. After the impact of Friday's non-agricultural data, the daily line closed the doji on Friday, and closed below the Bollinger Band. Obviously, temporarily suppressed by the technical side, gold may come out of the shock and decline space in the current form, and fall effectively. The strength can be seen below the daily Bollinger track of 1890. However, the current bull trend has not changed and the performance is still strong. The focus is on whether last week's high can be effectively broken. Therefore, there is a high probability that it will fluctuate at high levels this week, either waiting for the bulls to continue rising, or waiting for the bulls and shorts to turn around and exit the decline. The 4-hour chart is still running above the upward trend line after testing high and falling back. It has not fallen below the trend line yet, and the short-term upward trend has not changed. Today, the short-term relies on 1936 as a reference for long-term defense. Hold this level to be bullish, and if it falls below, it is bearish. At present, the US dollar is going strong, and gold is still holding on to the bullish trend line for the time being, making the room for a fall uncertain, and the short-term may still fluctuate at this level. Although the non-farm payrolls broke through 1948 last Friday, it was only a virtual break. Now you can refer to this position to go short. The lower support will focus on 1936 for the time being. If the decline is not strong enough, you can backhand and go long. ​ Gold operation strategy: BUY:1935-1938 SL:1930 TP1:1943 TP2:1948
OANDA:XAUUSD
by ActuaryJ
XAUUSD: 31/8 Today’s Trading StrategyAt the beginning of the Asian market on Thursday, the U.S. dollar index fluctuated and fell slightly, currently around 103.2, continuing the overnight weakness. Gold prices temporarily stayed at four-week highs, currently around 1945. Gold is now in a volatile trend at the bottom, and the rebound is nearing the end. The big non-agricultural data will be released on Friday. With the news uncertain, gold will not easily break through the daily pressure. Today, we will see a band correction! This Friday is a critical node, everyone needs to take advantage of it. Yesterday evening, after the ADP data was released, the U.S. dollar index fell sharply. The price of gold once rose to 1948, but this does not mean that gold will continue to break through and rise. The subsequent increase will not be large. It rebounded from 1984 to 1949, close to 65 US dollars, whether it is From the perspective of time and space, the rebound trend is about to end. On Thursday and Friday, we will focus on initial jobless claims data and non-agricultural data. At the top, we will focus on strong resistance near 1953-55. Short-term short orders can start to be placed. Overall, today Jiesse's short-term gold operation ideas suggest mainly shorting the highs, and then going long at the lows. The upper short-term focus will be on the 1950-1955 first-line resistance, and the lower short-term focus will be on the 1925-1933 first-line support. ​Gold operating strategy: BUY:1935-1938 SL:1930 TP1:1944 TP2:1950
OANDA:XAUUSD
by ActuaryJ