The price of gold stands at 1962, and the market outlook is expeLooking at the daily line, if the price of gold can stand above 1962, the market outlook is expected to further touch 1985, which are the 23.6% Fibonacci retracement and 38.2% Fibonacci retracement of the 2082-1925 downward range. However, given that 1962 is in the recent intensive transaction area, it is more likely to fluctuate on this line.
Gold rose to 1964 in the Asian session; the US dollar index rose to 102.186.
The price of gold fell to 1924.73 yesterday, its lowest level since March 17. However, as the newly released U.S. economic data provided a new basis for the Federal Reserve to suspend interest rate hikes, the price of gold completely recovered the lost ground during the day and rose by more than 0.8% to close at 1957.81.
Data released on Thursday showed that as of the week of June 10, the number of Americans filing for unemployment benefits totaled 262K. value. U.S. industrial production unexpectedly fell 0.2% in May, following a 0.5% rise in April. The market had expected a rise of 0.1%.
"Gold is struggling because the Fed is still hawkish on inflation and interest rates," said Edward Meyer, metals analyst at Marex. Over the next two weeks, gold is likely to trade in the $1,931-$2,000 range, with strong resistance at the upper end, Meir added.
The Fed's updated forecast this week pointed to the resilience of the U.S. economy and suggested that borrowing costs may need to rise another 50 basis points by the end of the year. Traders are currently pricing in a 72% chance of a 25 basis point hike in July.
Meanwhile, the Bank of Japan maintained its ultra-loose monetary policy despite stronger-than-expected inflation as it focused on supporting a fragile economic recovery amid a sharp slowdown in global growth. Governor Kazuo Ueda delivered a speech after the meeting, noting that more time is needed to achieve the 2 percent inflation target.
Goldintraday
XAUUSD: wait for the rebound opportunity to shortThe U.S. market has officially opened. With the opening of the U.S. market, gold also rebounded near the 1 9 5 2 position in the short term. The rebound was not in place, and we continued to wait and see with short positions. The current market trend is rising due to the impact of data values in the short term. , but do not consider chasing long, more is to wait for the opportunity to short, to see if gold will give the opportunity later.
Bullish fell back to yesterday's low instead, how to look at theThe market CPI is bullish tonight. It did not continue to rise and break through, but fell back to the low point of yesterday. In fact, it is still in the shock range of 1970-1940. Can we continue to try more today? I think it's worth giving it a try.
So I think:
Bold investors 1952-1950 light positions and long positions
Steady investors participated in the long range from 1942 to 1940
Follow me: Gold is still concerned about the timing of shorting The layout was short in 1946 in the early trading, and 10 points were harvested in 1955. The position of short selling in the afternoon is very critical. Since the European market did not form a direct pressure drop, the short-term is not extremely weak, and the European market once again fluctuated and broke high. It is also necessary to prevent it from rushing higher in the afternoon. However, the current anti-drawing force is still relatively weak, so it is recommended to go short in the afternoon, leaving room for additional positions.
Gold trading recommendations today
The main force will not make everyone comfortable, so it is still short today. Because today is the day when the monthly line ends, and the market is not that big, I judge that gold will close around 1955.
Although there is a bottom structure, the price of gold has not yet tested whether the support at the neckline is valid. Moreover, gold is about to approach the pressure level of the monthly line, and it is very necessary to retrace the test of the neckline. Only in this way can the gold price judge a complete turnaround.
Trading straregy:
gold: sell@1965 tp1:1955 tp2:1950
Next, there will be a lot of trading opportunities for gold, and I will provide you with more signals, don't miss the opportunity to make money!
1925 or 1955? What will happen on Tuesday?The markets are busy today, and the US Dollar is losing value as investors anticipate a positive response to news of a US debt agreement.
The market is confident that Congress will approve the agreement on Wednesday, which is reflected in the performance of U.S. Treasuries and stock futures.
Gold prices are currently at a two-month low of $1,937, and there is a risk that they could decline further if investors continue to move towards riskier assets.
While the US Dollar's value is expected to remain relatively stable due to the Fed's upward bets and the recent positive economic data, there may be some fluctuations in the near future.
Anyhow, I still believe in another rally before the price returns to $1925.
And my rally target this time will be around 1955$ - 1960$
Let's wait for the running strategy.
Analysis of today's gold trading signals
Yesterday's gold strategy, my friends all got a lot of profits. At present, gold has remained stable from 1950 to 1955. We need to focus on the PCE data. This is an inflation data that the Fed likes very much. It will affect whether to raise interest rates in June.
At present, it seems that there may not be a good trading position between 1950-1955. Although gold fell below 1940 yesterday, it did not maintain this position well. It has now returned to above 1950 again.
In the trading day on Friday, my trading strategy may have to wait until gold comes above 1955-1960 again before I choose to start trading short again.
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
Gold trading analysis
The market is changing, and I must also change, the market resistance line 1984
The gold trend still has not broken through 1984, so it will continue to fluctuate, and if it does not break through, it is an opportunity to short
1984 has suppressed the price of gold, such a structure is that the rebound does not break through, the price of gold will continue to decline, before the breakthrough, continue to short is a good opportunity.
Trading straregy:
gold: sell@1980 tp1:1974 tp2:1970
Next, there will be a lot of trading opportunities for gold, and I will provide you with more signals, don't miss the opportunity to make money!
Gold trading signal analysis
Today, as I analyzed in my previous article, when the top of gold breaks through the 1980-1985 position, I will consider shorting again. The trading strategy given once again successfully helped my friends get very good profits.
In the short term, gold 1985 is still a relatively stable resistance line. As long as we seize accurate trading opportunities, we can definitely get good profits. Next, I will continue to bring you more profitable trading signals.
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
gold continues to fallGold technical analysis; the gold daily line has three consecutive negative days, and the market has not rebounded in the near future. It has been a big unilateral decline all the way. Up to now, some people think that there will be a rebound and restart the rally. This reason does not make sense in the near future Yes, if you want to go up, you have to wait until this wave of short corrections is in place before you can be bullish. Where is the strength of this correction? Looking at the weekly and monthly lines, Wang Tianfa is optimistic that the two positions of 1932 and 1906 started to rise in the early stage The multiplication point, when it hits the weekly support around 1931, it is expected that there will be a good rebound. The short-term short-term trend will be adjusted downward, so just take advantage of the trend and find some short positions for it. Looking at the 4-hour chart of gold, the bears have continued to fall, breaking through multiple support levels in a row. Now pay attention to the gains and losses of the 1945 support. If there is no strong rebound, it is only a matter of time before they fall here. At present, it can be seen that technical indicators such as moving averages and trend lines indicate that the market is running in a weak position, and the k-line diverges downward, and the 1970-1930 interval is the watershed between long and short in the big cycle. This is a later story. For the short-term end of this wave of shorts, the focus is on the 1930 line.
The top short-term focuses on the first-line resistance of 1975-1972, and the bottom short-term focuses on the first-line support of 1938-1940.
In addition to investment, life also has poetry and distant places. The article does not have too much gorgeous language and chicken soup. I believe that what every reader lacks is not chicken soup, but real analysis and powerful theory. If you have a position or have a serious loss recently, you can contact me. I can accurately Help you recover your losses and help you accurately
XAUUSD:Analysis of the follow-up gold trend in terms of news
Analysis of the follow-up gold trend in terms of news
A number of Fed officials will speak at a later date. Since the Fed is still in suspense at the policy meeting in early May, the focus is on whether Powell will release a clearer stance. If Powell's speech shows a hawkish stance, the dollar is expected to strengthen further, which will hit gold prices again. At present, many Fed officials continue to adhere to the hawkish tone. Atlanta Fed President Bostic said that it is not his basic expectation to cut interest rates this year. It is expected that the Fed will raise interest rates more likely but tends to pause.
Through the analysis of the golden hour chart, we know that the market has been rebounding since the early trading and is still cautiously rebounding. From the attached picture above, we can clearly see that the short-term 8-hour main bulls are in a state of slightly increasing their positions and slightly Predominant but still operating under the pressure level of 1970. In the short term, it is still a small rebound stage and cannot be reversed. Unless the 1980 line is firmly established again, it will further form a shocking upward rhythm.
The gold current price list we gave earlier has helped everyone reap good profits. At present, it seems that short-term trading is the mainstream! Profit is what is in the wallet, otherwise it is just a bunch of numbers.
Gold market forecast
Spot gold rebounded modestly, and the gold price is now near 1975 US dollars per ounce.Gold struggled around 1975.The U.S. debt ceiling negotiations ushered in major news, and the U.S. will not default on its debt.Key data that investors need to pay attention to today: Japan's non-seasonally adjusted commodity trade account for April, Australia's seasonally adjusted unemployment rate for April, Japan's seasonally adjusted commodity trade account for April, changes in Australia's employment population in April, the number of people applying for unemployment benefits at the beginning of the week in the United States, the number of people renewing unemployment benefits in the United States for the week, and the annualized total number of home sales in the United States in April.
Taken together, today's short-term gold operation ideas suggest that the rebound and short selling are the main focus, supplemented by the low step back. The short-term focus above is on the first-line resistance of 1980-1985, and the short-term focus below is on the first-line support of 1970-1975.
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
Gold profit 18% stop profit on May 8The overall price of the gold market fluctuated little today, but we bought long orders at the price of 2015 at the opening of the market and took profit in 2027
Sell 2018 at the intraday price of 2026 to take profit
Two precise trades gave us a 20% profit today
It can be said that it is also a very good day.
After the second transaction, many friends asked me why I can accurately grasp the trend every time. I can only say that it is experience. I have been trading in the gold market for more than ten years and spend twelve hours a day studying the news and information of the gold market. On the technical side, it is common for me to grasp the trend now. Of course, I cannot be 100% accurate, but I can guarantee an accuracy rate of more than 95%.
So let's get down to business, I will push real-time current price call orders every day to prove my strength. At present, the daily operating profit continues to increase
I believe that friends who have followed my experience have sharp eyes. After a period of communication and experience, as well as the verification of the market, I believe that the accuracy of the list can conquer all doubts and ideas
Although my main account is no longer updated, but the old new account will continue to share with you thoroughly
Analysis of the message side:
At the beginning of May, the Federal Reserve decided to raise interest rates by 25 benchmarks, and announced the US non-agricultural employment report for April. The important information basically did not bring too many surprises and emotional value to the market. The follow-up market still needs to pay attention to three changes. First, Whether the Fed will raise interest rates or suspend interest rate hikes in the future will be the main factor affecting the future market. Second, whether the crisis in the U.S. banking industry will continue to decline or improve. Third, the situation between Russia and Ukraine is still inevitable in the future. Topics, these three points are important topics for discussing changes in the global economy. This week's focus will be on the meeting between US President Biden and the four leaders of the US Congress on the debt ceiling issue at the White House. Furthermore, the annual rate of CPI at the end of the April quarter will be announced on Wednesday, which will be another important data that will detonate the market.
The intraday market is light today, and there is no key data to pay attention to.
The basis of the analysis is the interpretation of the fundamentals and the confirmation of the technical aspects. The fundamentals this week need to pay attention to the impact of the CPI data, changes in the situation in Russia and Ukraine, and the signal released by the Federal Reserve. Technical changes need to be determined according to changes in the market that day. First of all, the bullish trend of gold remains unchanged during the week. As long as gold is above 1935, it must be a bullish trend, and above 1970, it must be absolutely strong. Therefore, even the sharp drop in non-agricultural data last Friday did not change the temporary gold Therefore, we will remain bullish in the long-term during the week, do not guess the top, and mainly trade low and long, supplemented by short-term. However, this week's bullish gold is expected to rise first and then fall, and the downward trend in the cycle cannot be ignored.
As far as the intraday market is concerned, the information flow of intraday changes is not large. Judging from the shock closing performance of the daily line, the largest range this week is 2042/1970, but the daily line closes in a negative direction, and it is expected to rebound to 2042. Not much, the maximum value is expected to be around the synchronous high of 2032 in the H4 cycle. This wave of rise and rebound is expected to continue until Wednesday's CPI data. After the end, we will look at the impact of the data. After the end of the daily rebound at the beginning of the week, we will see room for a slow decline. At the bottom, we need to pay attention to the lows of 2000 and 1970. After falling below 2000, the lower track of Bollinger in the H4 cycle will be opened to see the effective room for decline. From the perspective of changes in the small cycle, the morning market opened normally, continuing the rebound at the end of last Friday. It is expected that the slow rise at the beginning of the week can be seen near the small cycle Bollinger middle rail and the 60-day moving average, and the point performance is at 2025 or 2032. Therefore, trading needs Wait for the rebound to go short. On the contrary, if the rebound is not over, the main trading force can fall back and do long. The short-term lower support is around 2008-2005. The Asian-European market can be bullish after confirming the strength of the 2008 low according to the shape of the fall. Then, today’s judgment It is very clear that the beginning of the week is mainly bullish, and the transaction needs to wait for a fall. The lower part focuses on 2008-2005, and the upper part focuses on 2025 and 2032.
Trading straregy:
It is recommended to rebound to 2025-2030 and short in batches, with a stop loss of 6 points, and the target is 2015-2010;
It is recommended to call back to 2008-2005 and go long without breaking, with a stop loss of 6 points, and the target is 2020-2025
For many investors, without an excellent analysis team and professional teachers to lead them, it is difficult to survive in the market for a long time alone
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XAUUSD:will fall rapidly
xauusd:A sequence of 9 appears on the weekly line, which means that next week will be a window for change.
The trend line above the weekly line near 2060 has not been physically broken, so as long as the weekly line ends below 2060 today, it is 100% sure that it will fall next week.
From the hourly chart of gold,
The 2060 wave of rebound happens to be the 618 position of the trend from 2030-2080.
If it is still suppressed by 2060 in the future, then 2060 is likely to become the high point of wave B.
2080 is the high point of wave A, so judging from 123 to 4, gold may continue to break through 2030.
I also drew it in the picture. Next, the 618 position below is near the low point of 2030, and the next 100% position is here at 2010.
If my article is helpful to you, remember to pay attention and like it, welcome to express your opinion
COMEX:GC1! TVC:GOLD COMEX_MINI:MGC1! FXOPEN:XAUUSD
The trend of gold is as expected, have you made money?Gold currently continues to maintain a wide range of oscillations in the daily trend, and the current range is temporarily compressed between 1975-2010.At present, gold is running below the moving average band, and 2010 is still regarded as the key resistance in the short term during the day. This is also the key resistance level that I prompted in the channel in the morning.
In the short term, gold has fallen rapidly since around 2000, as low as near 1974. Although the market did not give us the opportunity to short gold near 2010, it must have given us the opportunity to long gold in the short term. I have given tips to go long gold near 1980 and 1976 respectively, with a take profit position of 1986.Fortunately, gold rebounded to near the 1986.5 position in the short term, just reaching our take profit position.Our gold multi-orders have once again made a substantial profit, and today is another day worth celebrating.
At present, gold is trading near 1982. At this position, we must first observe the breakthrough of gold in support or resistance. For the time being, do not directly short or long gold. If there is a good trading opportunity, I will announce it on the channel as soon as possible. Please pay attention to the trading signals in the channel.
Will gold rise?Intraday trading has made 3 consecutive profits!Gold rebounded from its lowest in 1974 yesterday, and its highest has rebounded to near 2001. Is the gold market about to reverse and return to the upward trend?
I don't think so, because gold is currently in the form of flag-shaped consolidation in the short term, and it has encountered obstacles at the channel line many times. Before effectively standing on the flag-shaped channel line, gold is still in a weak position.According to the structure of gold, only when gold is effectively standing above the 2010-2015 resistance area can gold be judged from weak to strong.
At present, gold has fallen below 1990 many times in the short term, which also proves that gold has still not reversed its decline, so there is still room for gold to pull back.It is precisely because of this that the gold we sold around 1998-2000 three times in a row during the day has achieved very good returns, which has added a touch of color to our income today.
In the short term, the top of gold first pays attention to the resistance near 2000, and further pays attention to the resistance near 2008-2010; the bottom pays attention to the support of 1985, and further pays attention to the support of 1976.
GOLD Price has taken out the previous daily low . will wait for price to fill the imbalance in the market and mitigating our 4h OB .
Will look fir buys at our 4h strong demand area
What to do with the quilt cover of the gold trading order?Gold's single-day volatility has gradually increased, and after a short-term surge or plunge, the continuity is not strong, and it is likely to come out of a V-shaped reversal market. Therefore, in this extreme market, I have reminded everyone not to easily chase up or short in operation, otherwise it will be easy to be swept back and forth.Therefore, it is necessary to set the pace in trading.
At present, gold has gradually recovered after touching a minimum near 1969, and has now recovered to above 2,000 points; is gold going to start a new round of rising markets?I don't think so. I think that gold's short-term rebound is more likely to be a false boom, and it is more like bulls fleeing from self-rescue, so I think that after gold rebounded, it will continue to fall.
So in terms of short-term operations, I am more inclined to sell gold after the rebound.
For the recent ups and downs of the market, over and over again, and frequent long and short conversions, there may be many friends in the trading, back and forth continuous loss orders.So whether it is a friend whose trading order is blocked or a friend who has recently lost money in a row, you can enter my channel through the link below.I have the real strength to help you solve the problem or satisfy your desire to make money. Welcome everyone to visit the channel!
Gold prices are unable to rebound, can they continue to rise?According to the current trend pattern of gold prices, gold failed to continue its downward trend after falling, rebounded upward after the lower shadow line appeared, and returned to the top of 2000, basically smoothing out the short-term decline, so the short-term buying support is strong.In addition, the Fed's recent dovish bias has also provided some support for gold prices, so it is difficult for gold prices to show a continuation of the decline in the short term.
The current short-term structural kinetic energy has slowed down, fluctuating narrowly near the first line of 2010, and the current rebound power is weak. According to the current technical indicators, there is still a certain amount of room for short-term energy to be released, and in the process of weak rebound, it will also consume short-term energy to a certain extent.
In addition, there are differences in market expectations for interest rate increases, and we still need to wait for intraday US inflation data to find clues to future interest rate increases, and we also need CPI data to bring a new round of market guidance.
Short-term structure: the bottom pays attention to the first-line support of 2007-2006; the top pays attention to the first-line pressure of 2020-2022.
Short-term trading reference:
Pull back to 2008-2007 to buy gold, stop loss 2002, target 2020
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GOLD FOMC updated analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.