Gold focuses on 2062/2050 supportGold fell back after rising yesterday, and fell below the 2070 long-short watershed, and the market turned downward! I started shorting today and sold directly above 2070 in early trading, with a profit of 80pips! The bottom supports the 2050 line! In trend trading, the most important thing is to follow the trend. When the market turns around, you must adjust your thinking immediately! So I always follow trends from beginning to end! Currently, gold has fallen below the moving average support, and the upward trend line has also been broken, which means that the gold trend has changed! The next step is to fall!
Gold has been fluctuating all the way up, but the market changed yesterday! There is no rebound after breaking the position, which means that the adjustment will continue! The support below this time is the support position of the 4-hour Bollinger Middle Rail 2050! It is expected that there will be a rebound after this decline to this position!
However, we do not rule out that the decline will stop near the previous low of 2060~2062, but I think the probability of falling to around 2050 is higher.
Goldintraday
XAUUSD: 28/12 Today’s Strategy and AnalysisGold technical chart daily pressure is 2100, with support below 2066
The four-hour pressure is 2100, and the lower support is 2069-2066
One hour pressure is 2100, support below is 2080-2066
Operational suggestions: Yesterday, gold first fluctuated around the 2061-2066 range. The U.S. market ushered in a strong bullish upward trend and broke a new high. Today, it accelerated its upward move to around 2088. It is recommended that gold step back to 2080-2070 and continue to be long, looking towards the 2100 mark.
BUY:near 2080
BUY:near 2070
SELL:near 2100
28. The rising demand for gold is obviousOn Wednesday (December 27) in Asia, the Bank of Japan released a summary of the opinions of the review committee of the December monetary policy meeting, emphasizing that it is too early to raise interest rates and that the end of negative interest rates must first bring the price target within sight. The U.S. Defense Secretary confirmed that the U.S. military carried out air strikes in Iraq, which resulted in the death of at least one person. Mediterranean Shipping Company (MSC) said a container ship was attacked while transiting the Red Sea. Spot gold once approached the $2,070 mark, and then remained bullish at $2,064.
Gold prices rose, breaking out of a trading range that had been in place for much of December after weak U.S. inflation data fueled more bets on early interest rate cuts in 2024. Gold has rallied sharply in recent sessions as the PCE price index, the Fed's preferred inflation gauge, fell short of expectations.
Inflation data released after the Federal Reserve sent a dovish signal at its last meeting in 2023 raised hopes that the central bank could start cutting interest rates as early as March 2024. This view creates a strong outlook for gold, given that high interest rates drive up the opportunity cost of investing in gold. International gold is also likely to benefit from worsening global economic conditions in the coming year as major economies feel the impact of tightening monetary policies.
There is now clear upside demand for gold, so the risk of going long gold is less than going short
Please pay attention to updates for more trading signals xia
XAUUSD: 26/12 Today’s Analysis and StrategyGold technical chart daily pressure is 2066-2072, with support below 2040
Four-hour pressure is 2066, support below is 2040
One-hour pressure 2066-2072, support below 2055
✅Suggestion: Gold rises again at the opening today. Today, focus on the support of 2055 below and the resistance of 2066 above. If gold does not break through the range, it will enter a small range consolidation.
Gold US market analysis and strategiesI shared the buying signal BUY2055~2058 in the Asian market today, and successfully made a profit of 7$
Now looking at the hourly chart of gold, it is fluctuating all the way up! Now that the rally is continuing, the pullback is still a long opportunity! The current support is the 2048 position. If there is a chance to step back, the price will be higher!
Gold has now reached the pressure position of the daily Bollinger upper track, and after a long period of substantial rise, there is a need for adjustment! The adjustment is not the end of the rise, but the beginning of another rise! Above the dividing line between long and short 2048, it is still a low price to buy!
XAUUSD:22/12 market analysis and suggestionsGold technical chart daily pressure is 2066-2072, with support below 2040
Four-hour pressure is 2066, support below is 2040
One-hour pressure is 2066, support below is 2040
Operational advice: Today is the last trading day of Christmas, and the market will be closed for the next three days. Please trade with caution and finish your positions before the market closes!
BUY:near 2040
SELL:near 2066
XAUUSD: Friday market analysis and suggestionsAfter gold surged today, it did not break through the previous high of 2047. Then the market on Friday will have two trends:
The trend of the first chart according to me found support below the channel, and then began to rebound and hit new highs.
Second, if it can fall below 2027 on Friday, the top of the callback in 2047 will be confirmed, and it will be difficult for Gold 2015 to support it. There will be a waterfall tomorrow.
According to the current trend, the first trend is more likely to occur.
remind:
Friday is the last trading day before Christmas, and the market will be closed for three consecutive days.
Trade cautiously on Friday and be sure not to leave your positions open until next week
The market opening next Tuesday is likely to be a gap-like opening
If you want to know more details about the gold trend, you can contact me at any time↓
XAUUSD: 19/12 Today’s Analysis and RecommendationsGold technical chart daily pressure 2040-2072, lower support 2000
The four-hour pressure is 2045, and the lower support is 2015-2000.
One-hour pressure is 2034, support below is 2015-2000
✅Operational advice: Gold has come to the form of consolidating and repairing the convergence of small triangles. Do not chase the market in a volatile range. The daily level is long above the 2000 mark, the 4H level is the 2042 long-short dividing line, and below it is the 2015 support and the 2000 support. Be patient. Wait for the breakout of the triangle range and then chase the trend
BUY: Near 2020
BUY: Near 2000
SELL: Near 2042
SELL: Near 2066
You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
XAUUSD: 18/12 Today’s Analysis and RecommendationsReview of last Friday: Suggestion to sell near 2042 last Friday, it fell all the way to near 2017, perfect profit exit
Gold technical chart daily pressure is 2042-2072, with support below 2000
The four-hour pressure is 2042, and the lower support is 2000
One-hour pressure 2042-2066, support below 2021-2000
Operation suggestion: The 2000 mark is the dividing line between long and short that we have always emphasized before. Just go long above 2000. Only by following the trend can you make a profit. If the bulls break through 2042, you need to pay attention to the fact that there is still strong pressure near 2066.
BUY: Near 2000, target 2030-2060
SELL: Near 2042, target 2030-2020
SELL: Near 2066, target 2040-2030
XAUUSD: 15/12 Today’s Market Analysis and RecommendationsGold technical chart daily pressure is 2040-2072, with support below 2000
The four-hour pressure is 2042, and the lower support is 2000
One-hour pressure 2042-2066, support below 2024-2000
✅Operational suggestions: Judging from the daily analysis, today’s watershed for long and short strength will focus on 2042, support will focus on 2024, and the upper pressure will be around 42. Rely on this range to implement the sell high and buy low strategy. Today is still a volatile market.
BUY: Near 2024, target 2030-2040
SELL: Near 2042, target 2030-2020
SELL: Near 2066, target 2040-2030
You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
GOLD M45, Key level, see why ... 📈Hello Traders!
I'm coming up with updates related to GOLD M45.
As you can see, GOld took the liquidity level mentioned in the previous post, I consider it an important level to execute a LONG TRADE.
Also, on the chart, we can recognize the level of accumulation , for now, we are in the manipulation stage, and I expect a distribution until the 2060 level.
Follow, like, and comment to see the daily/weekly content.💯
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Gold will still rise today! 2050Yesterday we tip 1981 Buy near! 2003 Profit The exit captured a profit of $22
Although missed part of the profit! But who is sure to capture all the profits?
As long as the market exists, our profits can be continuous!
Yesterday, gold was affected by the Federal Reserve's interest rate cut expectations next year, the daily sun pulled up, and the short-term trend entered adjustment.
Today, gold has been at a high level sideways, and there is no impetus to adjust, and the probability of breaking through the 2041 pressure level is greater
Then it is recommended to do long near 2032 in the evening, stop loss 2024, and target 2050!
XAUUSD: 13/12 Today’s Gold Analysis and RecommendationsGold technical chart daily pressure is 2040, with support below 1978-1950
The four-hour pressure is 2000, and the lower support is 1955
One-hour pressure is 1988, support below is 1955
You can consider selling first after today's rebound, but you should note that today's Powell's speech may make gold rebound to around 2000, but as long as the price is still below the 2000 mark, it will still be a short trend.
✅Operation suggestions:
SELL: Around 2000, target 1990~1955
SELL: Around 2010, target 1990~1955
SELL: Around 1990, target 1980-1955
You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
XAUUSD: Today’s market analysis, trading strategyGold technical chart daily pressure is 2100, with support below 2000
Four-hour pressure is 2040, support below is 2010
One hour pressure is 2030, support below is 2000
Today's NFP, gold is currently in a triangle shape for repair and consolidation. After the repair is completed, entering the market today will still follow yesterday's thinking: during the day, we need to pay attention to the two pressure levels of 2030-2040 above, 2010 below it is a small support, and the 2000 mark belongs to the daily level. The watershed between long and short, falling below 2000 will usher in the reversal trend of the big cycle
SELL: around 2040 (can be held for a long time and enter the market repeatedly)
BUY: around 2010
XAUUSD: 7/12 gold market analysisOn the gold technical chart, the daily line has upper pressure of 2100 and lower support of 2000.
The four-hour technical chart pressure is 2040, and the lower support is 2010
The one-hour technical chart pressure is 2030, with support below 2000
Trading advice:
SELL: around 2040 (can be held for a long time and enter the market repeatedly)
SELL: around 2030
BUY: around 2000
BUY: around 2020
XAUUSD: 6/12 Today’s Market AnalysisGold technical chart daily pressure is 2145, with support below 2000
Four-hour pressure is 2040, support below is 2010
The one-hour pressure is 2030, and the lower support is 2000
Operation suggestions:
SELL: around 2040 (can be held for a long time)
SELL: around 2030
BUY: around 2000
BUY: around 2010
XAUUSD:1/12 Today’s Market AnalysisGold technical chart daily line upper pressure 2050-2075 and lower support 2001
Four-hour upper pressure 2050-2075 and lower support 2030
One hour upper pressure is 2050 and lower support is 2030
From the daily line, we look at the lower support 2001-2010, 2030 in four hours, and 2040 in one hour. We continue to look at the 2100 mark. If gold retreats and continues to do long, we will first look at 2050-2075-2100 (high positions to chase long positions, low prices The position can be increased appropriately)
Long orders:
Go long near 2040 (can enter the market repeatedly)
Go long near 2030
XAUUSD: 30/11 market analysis, long at low pricesYesterday, the gold market opened at 2041 in early trading, and then the market rose directly, with the daily maximum hitting 2051.8. However, after touching the previous historical pressure, the market began to fall back, with the daily line falling to as low as 2035.2. Then, the market fluctuated and rose again, and the daily line finally closed at 2044.1.
From the daily chart, gold shows a spindle shape with the upper shadow line slightly longer than the lower shadow line, which means that gold may continue to adjust at a high level. The 4-hour chart shows that after the increase in volume, the market has undergone a consolidation correction on the small negative line, maintaining a consolidation transition above the middle track. Although the strong bull trend has not changed, yesterday's correction and the next day's heavy volume are common bull consolidation moves. In the hourly chart, Bollinger Road began to parallel and level off, and consolidation and correction may continue today. There is a high probability that it will hit new highs again during the U.S. trading session today or tomorrow.
Pay attention to the important support below the 2030 line. As long as this level is not broken, gold will maintain its upward trend.
Today it is recommended to set SL in the 2030-2035 area and then buy gold.
XAUUSD: 28/11 Buy Gold Target 2020~2028Looking at the daily trend chart, gold opened higher and closed at a high level yesterday. The daily line included a big positive line, further continuing the bullish pattern, and the bullish thinking will continue in the future. At the four-hour level, gold rose after continuous shocks, further broke through the previous resistance level in 2007 and moved higher, while touching a new high level in 2018, indicating that the gold price shock has moved up a level, and the golden cross of the moving average system diverges upward, marking a short-term watershed between long and short. At the 1996 line, if this level breaks below, it will change the overall bullish pattern, and the upper resistance level will focus on 2028.
Gold continues its bullish thinking. In terms of operation, it is mainly based on long orders based on callbacks. The resistance of 2020-2028 US dollars is at the top, and the support is focused on 2007-1996 at the bottom. Gold can be purchased above 2007.
I hope my analysis is useful to you
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