Important developments of GOLD🔴Gold price assessment
📌Gold rose sharply on Friday as the war situation in the Middle East continued to heat up. Israel expanded its bombing of the Gaza Strip, causing local Internet and phone services in Gaza to be cut off. Gold prices increased to the same level as in 2010, the highest level recorded in the past 5 months.
💢The war has greatly affected the price of gold. Everyone should carefully place SL TP when trading.💢
Goldintraday
XAUUSD:26/10 Today’s Trading StrategyGold prices rose rapidly in the short term on Thursday. Although the U.S. 10-year Treasury bond yield climbed 13 basis points to 4.95% on Wednesday and the U.S. dollar index rose 0.24% to 106.79, the gold price seemed unaffected by the recent strength of the U.S. dollar. Hitting a one-week high above 1985. According to the description of gold's K-line chart yesterday, it can be seen that the price of gold closed with a long lower shadow line and was close to a cross star pattern, which indicates that gold has certain support at the low of 1953. Generally speaking, after this pattern appears, the shadow line will often be covered the next day and the bullish move will continue. The gold market showed a volatile long and short trend in yesterday's trading. When the price hit 1962, gold bulls rose rapidly. After the highest point hit 1987, it came under pressure and finally closed at 1979.
At the daily level, a physical small positive line was included, further responding to the previous long lower shadow line rising pattern. The price of gold has broken through the previous high at a high price, which is undoubtedly a manifestation of a bullish pattern. On the 4-hour chart yesterday, the price of gold fluctuated back and forth between the upper and lower Bollinger Bands. It consolidated and transitioned during the Asian and European trading sessions, and showed a trend of rising first and then falling during the US trading session. Despite the tug-of-war between the upper and lower Bollinger Bands, the price still recovered to a higher position at the end of the session. The current opening price is at the upper track of Bollinger Band, and the lows are constantly rising. The 4-hour chart shows that bulls are trading sideways, waiting for further gains. We need to pay attention to the resistance of 1997-2000 at the top; we focus on 1977-1970 at the bottom.
SELL:1995-1997
SL:2002
TP1:1900
TP2:1885
BUY:1977-1979
SL:1972
TP1:1986
TP2:1992
XAUUSD:27/10 Today’s Trading StrategyYesterday, the price of gold rose to an intraday high of 1993.52 during the European trading session, but then fell back, finally closing up 0.26% at 1984.74. From a fundamental perspective, the trend of spot gold prices is affected by multiple factors. On the one hand, global economic instability, geopolitical tensions and uncertainty in financial markets will drive investors to seek safe-haven assets, thereby increasing gold prices. On the other hand, the trend of the US dollar index also has an impact on the price of gold.
Gold bulls once again tested the 1990 pressure level, but were unable to break through further due to the impact of unfavorable GDP data. Although it encountered resistance above 1990, strong support appeared in the 1970 area when it fell back, showing that the power of bulls cannot be underestimated. The market continues to observe pressure conditions around the 2000 mark, but the overall trend remains bullish. The bulls gradually took advantage, the lows continued to rise, and the highs gradually rose, showing a positive trend in market sentiment.
The gold 1-hour level shows obvious bullish rising characteristics, and the K-line continues to run above the moving average. Each correction can be supported by the moving average and rebound quickly, forming an effective trend line support. Gold is still operating according to this law. After stepping back on the moving average support in early trading, you can continue to go long, and secondly, you can continue to go long near 1980. We need to pay attention to the pressure level above, which is the high point of 1997. Once it breaks through, it will start a new band of rise. Then it is recommended that the short-term operation idea of gold during the day is to mainly pull back and go long, and then consider selling at a high level. The resistance at the top focuses on the 1997-2000 line, and if the level breaks, we will continue to look at 2020. The support at the bottom focuses on the 1980-1982 line.
SELL:1997~2000
SL:2003
TP1:1990
TP2:1985
BUY:1980~1982
SL:1975
TP1:1990
TP2:1996
XAUUSD:25/10 Today’s Trading StrategyGold rebounded near the four-hour lower track support yesterday. It once touched the $1977 line during the session, then retreated to $1970, and finally closed with a cross line. From a disk perspective, the daily chart shows a double cross pattern, indicating that the market is repeatedly reaching tops, but the bullish power has not completely subsided. Last night's rebound also confirmed this.
Well, today gold started to rebound after falling to the 1970 line at the opening. The gold price is currently fluctuating near the 1974 line. Judging from the current trend, the upper pressure on the 1982 line is the key resistance level, while the rebound and downward trend line is suppressed on the 1977 line. In addition, the daily closing line for two consecutive trading days showed an inverted hammer positive line shape, and the negative closing line overnight also indicated that the market may be weakening. Gold broke through yesterday and fell. The rebound failed to return above 1980. The market began to fluctuate. The current rebound is close to pressure. In early trading, it relied on the pressure of 1980 to fall! The downward trend in the gold market remains unchanged. 1975 is exactly at the Fibonacci 50% division position on the hourly chart, and is also the suppression point of the upper trend line on the hourly chart.
Looking at the 1-hour level, gold has started to fall from the 1997 position. It has already experienced two downward trends, and the K-line directly fell below the moving average support. Yesterday's rebound failed to return above the moving average, and the moving average is about to form a dead cross! This has never happened before in gold’s rise! This means that the rise in gold is over and the adjustment has begun! Gold's rebound in the U.S. market yesterday was a little bigger. The market first returned to volatility, and it shot up to 2,000 points and fell back. This shows that it is still a bit difficult to win 2,000 points in one fell swoop without special stimulation in the short term. Observing the previous trend, after the first double top pattern appeared, gold corrected downward by $10. After the second double top pattern appeared, gold fell by $20. According to this rule, the third correction should correspond to a decline of $30. If the calculation is based on $1,977, the price of gold may fall further to around $1,947 in the future. In terms of operation ideas, it is recommended to mainly go short on rebounds, and then go long on the position. The top short-term focus is on the 1980-1982 first-line resistance, and the bottom short-term focus is on the 1950-1947 first-line support.
BUY:1959~1961
SL:1954
TP1:1968
TP2:1974
SELL:1977-1980
SL:1985
TP1:1970
TP2:1964
XAUUSD: 24/10 Today’s Trading StrategyThe U.S. dollar index fell rapidly on Tuesday, approaching the 105.40 mark, while the gold price exceeded 1980. Gold has recently experienced a period of consolidation after rising, but short-term price pressure cannot be ignored. Previously, gold prices stagnated near the psychological mark of $2,000, but with the U.S. dollar index falling, will gold show strong momentum again?
Gold fell slightly yesterday to correct last Friday's gains. At present, gold is in a sideways consolidation stage, the rate of rise has slowed down slightly, and the US dollar is also slightly weak, so gold temporarily lacks the motivation to rise further. In the short term, gold is gathering strength. The daily chart shows that it has entered the correction phase of the second trading day. Today and tomorrow are critical times. Usually in a strong market, the current space begins to converge. In addition, there was no further rise yesterday. In the short term today, it may be Continue to make corrections. The disk shows certain resistance to falling, with the central axis support located near 1965. The short-term trend within the day is likely to rise within the range of 1965. Since it has not been able to stabilize above 1980, the bullish power seems to be a little weak, so we need to be wary that this rise may stop at the key position of 2000. After all, the unilateral rise in technology has led to overbought conditions, and there is a demand for a correction in the market. However, as long as the situation in the Middle East remains unstable, demand for gold as a safe-haven asset will remain strong. It is unrealistic for short sellers to reverse the strong trend and fall sharply. Therefore, in terms of intraday operations, it is recommended to consider placing long orders during the retracement. The following still focuses on the support level of 1964-1950, focusing on whether the 1970 mark can be held. If it falls below this support level, it may test the support level near 1960, while the upper resistance level is near 1982, which may be broken through within the day. Therefore, above, we will first pay attention to whether 1990 can form an effective suppression, and then look at 2000. If the 1H line stands firm at 1990, then short selling is not recommended.
SELL:1991-1993
SL:1998
TP1:1985
TP2:1980
BUY:1970-1972
SL:1964
TP1:1979
TP2:1984
Bullish on Gold FuturesHello everyone,
After breaking an important psychological level, and optimism of bonds higher, Gold seems poised for stability at current levels and may continue higher.
Being a classic 'safe haven' Investment, it's not surprising that currently investors will be looking to Gold.
Plenty of room for Intra-Day Traders to do well right now.
Happy Trading!
XAUUSD:20/10 Today’s Trading StrategyDuring the Asian trading session on Monday, gold opened at 1964.81 after opening sharply lower at about $15. Last Friday, gold prices closed at 1980.24. However, the rebound in gold prices was blocked after a sharp gap and opened low, hitting a low of 1964.23. Regarding the trend of the gold market, we can see that the price of gold fell significantly in Monday's trading. This decline is related to concerns about the global economic recovery and declining investor demand for safe-haven assets. In addition, the recent uncertainty of the domestic political situation in the United States has also had a certain impact on the trend of gold.
Gold opened lower today and showed a downward trend, stabilizing and fluctuating after hitting $1,964. A small Yang line with an upper shadow line appeared at the daily level, and gold broke through upward for five consecutive days, starting a new upward trend. Gold is looking for support after today's lower open.
From a four-hour perspective, gold is currently running in a strong upward channel. After breaking through the high of $1964 for the first time last Wednesday, gold experienced a correction and subsequently broke through to the high of 1997. The original resistance level was converted into a support level. The starting point below 1950 is also a relatively strong support level. Therefore, in terms of intraday operations, it is recommended to consider placing long orders as the main option during the retracement and short orders as the supplement. At the bottom, we need to pay attention to the support level of 1964-1950. If the stop loss of 1964 breaks downward, then the bottom can continue to increase near 1950. The top needs to pay attention to the break of 1997. If this position is broken, then 2000 will definitely form a short-term support, and it will continue to rise. Break through the 2020 position.
SELL:1982-1984
SL:1889
TP1:1976
TP2:1970
BUY:1964-1966
SL:1960
TP1:1972
TP2:1978
XAUUSD: 19/10 Today’s Trading StrategyGold prices experienced a strong rise yesterday, stimulated by risk aversion due to the possible expansion of the Palestinian-Israeli conflict. Gold soared nearly $40 during the trading day, hitting a high of 1962.5, before pulling back slightly. At the final close, gold closed up 1.28% at 1947.81.
The daily line reached a maximum of 1962.9, and then began to consolidate under the influence of Bollinger's upper track pressure, and finally closed at 1947.4. However, the closing positive line indicates that the market is expected to continue to rise, and technically there is continued bullish demand. The 4-hour chart shows the market's unilateral rise in heavy volume, relying on the mid-track rise, and has not yet retreated and corrected. The current rate of increase is beginning to slow down, and may turn into a shock-type increase next. A direct rise indicates that the market is strong, has greater impact, and has better continuity. As the rally progresses, higher prices are bound to face greater resistance. Market adjustments and shocks are inevitable. At this time, the trader needs to have good market reading skills. The current support is around 1940, any pullback should be viewed as aggressively bullish and continue to focus on new highs. Regarding gold’s operating ideas, it is recommended to focus on long positions, with bullish calls on lows; the upper suppression point is 1968-1976. The important short-term resistance at the top is located at the 1975-1987 line, and the important short-term support at the bottom is at the 1940-1943 line.
SELL:1942~1944
SL1938
TP1:1952
TP2:1958
SELL:1969~1972
SL:1976
TP1:1964
TP2:1958
XAUUSD: 18/10 Today’s Trading StrategyFrom a general perspective, gold is undoubtedly still in an upward trend. Under the influence of the Palestinian-Israeli conflict, the market has also formed a strong V-shaped reversal, and the magnitude of the reversal has broken through the upper track of the downward channel. On the surface, this is A very strong upward structure, but since last Friday’s unilateral increase of more than 50 US dollars has consumed most of the demand, the shock and upward trend will continue in the short term. It is worth noting that the increase is close to the daily high line, and it is also in the previous band. The high point is parallel to the pressure point, so the focus of pulling up again is to pay attention to the strong pressure in the 1948-1950 range above in the early stage. Only after a breakthrough will a complete strong pull be formed, otherwise the price will fall back again to test the effectiveness of the support below. !
The current Asian market has begun to rise strongly, so it is no longer appropriate to chase higher in the short term. The 4-hour level of 1930 has become the first low point in the short term, and is currently oscillating upward to form a second low point. If the short term goes back again, it will be verified that the lower 1930 After the nearby support is effective, you can consider going long again and do the third stage of the rise, which is the triple top structure of the small-level shock trend. If the third stage of the rise happens to be blocked at 1948-1950, you may experience shocks. , then it will no longer be suitable for any chasing long transactions, and will even gradually go short. At that time, we will make a detailed analysis of the specific situation. Short-term trading will temporarily remain low and long above 1930, and the price will continue to rise. The upper focus will be on 1948- 1950 important pressure
SELL:1945~1948
SL: 1952
TP1:1940
TP2:1934
BUY:1930~1933
SL:1926
TP1:1938
TP2:1944
XAUUSD:16/10 Today’s Trading StrategyLooking at the 4-hour chart, the big positive line rose strongly in the 4 hours, and the trend was dominated by bulls; the stochastic indicator was in the golden cross state, mainly bullish signals; MACD double lines were upward, mainly bullish signals; but after the big positive line, the rise attenuated ; Therefore, after the big positive line, there will be short-term adjustments in the short-term during the day. Combined with the suppression position above and below 1935, the short-term will fall back; the strong support position for the fall is here 1900-1885;
For intraday trading, look at the short-term suppression of 1935-1940; the suppression of the trend line can be suppressed to some extent; the lower support position in the short-term is 1920-1910-1900; it is recommended that the intraday line should be based on the range of 1900-1930, sell high and buy low; in the later period, On the whole, the suppression of breaking through 1935 is still a high probability. In today’s short-term operation of gold, it is recommended to mainly go long at low levels, and then consider rebounding and short at high levels;
BUY:1906~1908
SL:1902
TP1:1913
TP2:1920
BUY:1895~1897
SL:1891
TP1:1905
TP2:1912
XAUUSD:17/10 Today’s Trading StrategyInternational gold expanded and fell back on Monday to maintain a volatile trend. On Monday morning, the price of gold continued to fluctuate downward from the 1929 line. The gold price dropped to a low of 1908 and then fluctuated higher. During the U.S. session, the gold price reached a maximum of 1924 and then gradually stabilized and closed above 1919. The shadow line below the daily line ends with the long negative line. The current gold price stabilizes below the pressure level of the daily 200-day moving average. The overall daily moving average shows a narrowing shape and maintains a volatile trend. Judging from the shape of the 4-hour cycle chart, gold prices continue to be in a bullish upward trend stage with rising highs and lows. On the daily and 4-hour levels, gold prices have clearly deviated too far from the moving average, and there is a need for a correction. The price of gold has fluctuated and fallen from above the 1930 mark, and has now fallen below 1920. In the short term, we can look at the 1905-1908 support;
Gold is currently maintaining a high level of shock on the 4-hour level, and the current price is temporarily under pressure in the 1925 area. The short-term moving average began to gradually turn around and diverge downward. In the short-term trend, there is a high probability that it will continue to maintain a high and volatile trend. The hourly level gold has now begun to fluctuate at a high level. The range is temporarily maintained in the range of 1907--1925. Before falling below 1900, the bulls will rise. The trend remains unchanged, and it is normal for the market to fluctuate after a sharp rise!
The gold hourly line has a short-term negative decline, and the continuous negative downward trend indicates that gold cannot rise. This is an iron fact. In addition, the Palestinian-Israeli conflict has cooled down, and the downward trend of gold prices is inevitable. At the same time, it has been repeatedly emphasized that the K-line deviates far from the moving average, which is abnormal. , the gold price is currently approaching the 50 moving average, and continues to look downward. Today, the boundary between long and short strength continues to focus on the 1930 mark. The daily level has not broken through and stood at this position before continuing to maintain suppression and adjustment shocks. The intraday support focus on around 1905-1908 , the upper pressure area 1925-1930
SELL:1928-1930
SL:1936
TP1:1925
TP2:1920
TP3:1915
BUY:1903-1906
SL:1898
TP1:1910
TP2:1915
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
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
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
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.
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
XAUUSD May have a breakdown!GOLD may have breakdown to daily support level as the market left a hige gap unchecked, there is very high probablity it may drop from 50% fib level to fill the gap as the the long term trend is down.
The price on the lower timeframe currently has fromed a head & shoulder and my continue to drop to daily support level.
GOLD UPDATEThat's what I see For #GOLD.
GOOD LUCK>>>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
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
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
GOLD SELLHello, according to my analysis of the gold market, there are good opportunities for selling. The price has reached a very important stage. The price reached a strong resistance at 1945.60. There is a downward trend as shown in the analysis. A very negative candlestick was formed on the 4-hour chart. We also notice a strong correction on the Fibonacci Golden Ratio of 61%. All these factors confirm that the market is for sale. good luck for everbody
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.
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.