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Non-agricultural data will be released soon, long or short? The non-farm payroll data in January was unexpectedly weak, largely due to statistical adjustments and labor hoarding causing abnormal data. The addition of over 500,000 jobs to the non-farm sector is unsustainable, and inflation is likely to continue to trend downward in the first half of this year due to base effects. Therefore, I personally believe that the Federal Reserve does not need to be excessively hawkish during a period of sustained inflation decline, and market sentiment will not remain pessimistic indefinitely. The comments from Powell on Tuesday and Wednesday were also ambiguous, indicating that acceleration in interest rate hikes would only occur when necessary, and not definitively. Therefore, whether or not it is necessary will depend entirely on how the data performs. Based on yesterday's initial jobless claims data, I believe the probability of non-farm payrolls being bullish for gold is relatively high. Furthermore, this week's sell-off did not continue, and after two consecutive days of low-level volatility, prices rose sharply during the US session, reaching a high of around 1835. This has changed the weak trend, and from a technical perspective, there has been no break below new lows. Instead, bearish momentum has stalled after falling to 1809, and gold has rebounded again. The expected bearish momentum for gold breaking new lows no longer exists, and from a technical standpoint, yesterday's rebound has stopped the downward trend. Gold is likely to continue to rise, particularly given the weak performance of US employment data, which has boosted the long-term expectations for gold. It is not ruled out that gold will continue to oscillate upwards with 1809 as the bottom, fluctuating in a broad range between 1809 and 1855. Based on the weekly chart, signals suggest that the current upward trend will continue next week. If both the news and technical aspects indicate a bullish outlook for gold, then the rise in gold prices is inevitable, and prices are highly likely to test the previous highs. Conversely, if the bearish factors do not break through the 1809 level, then the rebound in gold prices will not be small either. Therefore, my short-term trading strategy will focus on going long. As long as the watershed of 1830 is not broken, I will gradually go long at this line, with a target of 1845-1855. I will provide specific trading strategies during market hours and recommend subscribing. The recent market volatility has been significant, with opportunities and risks coexisting. Control risks while pursuing gains. OANDA:XAUUSD FXOPEN:XAUUSD
FXOPEN:XAUUSDLong
by Ice_and_Fire1
1
Continue to go long on gold 1809 Gold has shown a double bottom near the 1809 level, suggesting a long position. Continue to go long, no need to say anything else, just enter the market directly. The downside support level is near 1802, so we will be long today with no other strategies. Get ready for a strong rally, as I am already prepared. Trading strategy: Go long on gold at 1809, stop loss at 1802, target at 1845. Follow me and make trading easier. OANDA:XAUUSD FXOPEN:XAUUSD
TVC:GOLDLong
by Ice_and_Fire1
4
XAUUSD 100% Accurate analysis!Good evening gold gang!! i hope you're well. Gold saw strong moves to the upside giving us not one but 2 buy opportunities both forecast this morning. I bagged 80 pips today which will top off my week just nicely as there will be no trades tomorrow due to NFP. I will of course still be active and will be posting my analysis in the morning. The first buy was a higher risk play due to the size of the range between the 2 zones .. i entered with a low risk. I jumped out and the zone and waited for a strong break for full risk buys up to my major level .. which it hit perfectly!! and with a nice rejection. I hope you guys took value from my analysis and were able to enter long with me! if so, you owe me a beer! See you in the morning for london/ny outlook. No asia outlook this evening as i believe volume will be diminished due to the impending news. TommyXAU
OANDA:XAUUSDLong
by tommyXAU
Can gold still rally? In trading, we may have short-term profit goals, but long-term goals are built on the foundation of short-term profits. Without short-term profits, long-term goals are meaningless. Therefore, we need to balance short-term and long-term goals to achieve steady and sustained profitability. After Powell's speech, gold continued its downward trend and hit a one-week low around $1809. The question of whether it will continue to rise is a concern for many traders. I think there is an opportunity. First, the 50-basis-point rate hike in March is not set in stone. It is just a change in expectations. As Powell said, we need to pay attention to data, especially this Friday's non-farm payroll report. If employment data is weak on Friday, it does not support the Fed's continued high-intensity rate hikes. At that time, the expectation of a 50-basis-point rate hike will also cool down, and the gold price will rise accordingly. Secondly, from a medium to long-term perspective, I am still optimistic, because after multiple 50-basis-point rate hikes, the Fed's terminal interest rate is relatively high now, and it should be difficult to continue to raise rates by 50 basis points. Therefore, the big cycle will gradually slow down the rate hikes. Overall, I think there is no need to be too pessimistic. Short-term adjustments will only make subsequent rebounds more powerful. There are many events this week, and the probability of continued volatility is high. It is expected that gold will begin to rebound next week. For short-term trading strategies this week, we should first look at the support level of $1809 below, with the first target level of $1845 and the second target level of $1860. I will update the article with detailed price levels and trading directions based on the market situation. I also welcome everyone to express their opinions. Follow me to make trading simpler! FXOPEN:XAUUSD TVC:GOLD COMEX:GC1!
FXOPEN:XAUUSDLong
by Ice_and_Fire1
1
Continue to short gold. Gold received a boost from the positive impact of initial jobless claims data, resulting in a short-term rally. The resistance level above is at 1225, and those holding short positions at 1819 can continue to do so, waiting for the market to return to the technical aspect and continue to decline. Additionally, it is possible to add short positions again around 1824-1825 and short directly at that level. The stop-loss can be set at 1830, with the target at 1810. During the profitable process, investors can choose their own take-profit points according to their risk tolerance. FXOPEN:XAUUSD OANDA:XAUUSD
FXOPEN:XAUUSDShort
by Ice_and_Fire1
Gold: Trading like this today can lead to profits On the road to success, whether you take big strides or make small progress every day, as long as you persist, every step counts, and every drop of sweat is not in vain. Please believe that as long as you keep moving forward steadfastly, your goals will get closer and closer to you. Yesterday, gold was under pressure and oscillated within the range of 1809-1823, without breaking through the resistance of 1823-1825. In terms of trading, we completed three profit-taking transactions yesterday. As of now, the market is still oscillating around 1814, very similar to yesterday. Additionally, today is Thursday and the non-farm payroll data will be released tomorrow. It is highly likely that the market will continue to fluctuate within this range today, waiting for the impact of the data. Therefore, today we will focus on the support level of 1804-1809 and the resistance range of 1821-1825. Specific trading strategies: Buy near 1808-1813, take profit at 1820-1823 Sell short near 1823-1828, take profit at 1814-1809 If the market breaks through the resistance level of 1825 today, the target will be around 1831. If it falls below 1804, the target will be around 1800-1796 and 1785. I will continue to track market trends and share trading strategies in real time. Thank you for your attention and support. If you have any questions, please leave a message in the comments section. I will provide you with the most reliable solution with a sincere and responsible attitude to help you solve the problem! Wishing you a pleasant day!
FX:XAUUSDLong
by triumphing
1
Gold surged and then retreated, waiting to short at 1819.How to maximize profit in real-time gold trading today? The gold market in the US session has been unable to hold its ground, with clear signs of weakness in the long positions, and the market is struggling to advance. The price briefly surged near 1822 but was quickly pushed down, with three failed attempts to break the resistance level. Overall, the market is in a weak consolidation phase. On the 4-hour chart, the price is still under strong pressure, and the K-line has not been able to touch the moving average, indicating resistance to further price increases. Therefore, my real-time short-term trading strategy focuses on selling short. I recommend buying a short position near 1819, with a stop loss at 1826 and a target price at 1809, the support level where we previously entered long positions. Investors can choose their own profit-taking points during the process of making profits based on their trading styles. Please note that the above is only a short-term trading opinion. If there are suitable opportunities, I will notify promptly. Liking, commenting, and subscribing are your biggest encouragement to me. Follow me and make trading easier! Also, feel free to check out my other ideas below. OANDA:XAUUSD FXOPEN:XAUUSD
TVC:GOLDShort
by Ice_and_Fire1
Entering a short position at 1819. Currently, gold has reached the short selling position of 1819 mentioned in the previous article, so the strategy is to directly enter a short position. It is recommended to short around 1819, with a stop loss at 1826 and a target price of 1809, which is our previous long support level. Investors can choose their own profit-taking points according to their trading style during the profit-taking process. Please note that the above is only a short-term trading opinion. Likes, comments, and subscriptions are the greatest encouragement for me from you. Follow me to make trading easier! Also, please check out my other ideas below at any time. OANDA:XAUUSD
TVC:GOLDShort
by Ice_and_Fire1
Gold: Trading like this today will yield more profits As expected, gold traded within the range of 1813-1823 in the last few hours yesterday and fell below 1813 today. Therefore, our first target is around 1804, as the trend has turned from bullish to bearish. When trading, it is mainly focused on shorting at high levels. The chart is based on a 30-minute interval, and the first resistance to be faced today is near 1814. Only by breaking through it is it possible to touch the second resistance near 1823, and then possibly 1831. 1814 is considered the first resistance because it was originally a support level but has now been broken, turning into a resistance level. The same is true for 1823 and 1831. To trade based on today's bearish sentiment, the specific strategy is as follows: Start with a small amount of short trading near 1814. If there is a breakthrough, increase short positions in the range of 1819-1823, with TP set at 1813 and 1806, respectively. When testing the support near 1804, if the support is effective, go long in the range of 1804-1806, with TP set at 1812 and 1819, respectively. Afterward, observe the resistance near 1823 to determine the next trading direction. I will continue to track the market trends in real-time and share strategies. Thank you for your support and attention, and I hope you continue to follow me as it will contribute to the completeness of the trade. I will also share more interesting trading strategies for you to refer to! If you have any questions, please leave a message in the comments section, and I will provide you with the most reliable solution with the most serious and responsible attitude to help you solve the problem! Wish you a pleasant day!
FXOPEN:XAUUSD
by triumphing
Long position in gold 1809 with bullish outlook. We have entered a long position on Gold (XAU/USD) at 1809 and the current candle is showing a strong bullish momentum. Additionally, a Morning Star pattern has formed at the bottom of the chart, which is indicated by a bullish candle that engulfs the preceding bearish candle, followed by a Doji or spinning top. This combination of candlesticks is a signal of a potential bottom. The immediate resistance level to watch is near 1833, and there is also the release of the Nonfarm ADP data in the evening, which is likely to push Gold to the 1833 level. The chart also shows a clear double-bottom formation, which supports a bullish outlook. Our strategy is to hold on to our long positions with a target profit near 1833 and a stop loss at 1802. Follow me for a simpler trading experience! OANDA:XAUUSD
TVC:GOLDLong
by Ice_and_Fire1
There will be a rebound after a sharp decline. Gold has experienced a rapid decline in the short term due to market investors' concerns about Powell's speech and non-farm data, which led to an anticipated drop. However, after Powell's actual speech, gold did not rebound from the key support level of 1830 as expected by investors, but instead broke through this strong support level. This indicates that the overall market sentiment towards gold is pessimistic and not influenced by a small number of people, but the sharp and heavy drop this time was too much. Therefore, my personal opinion is to recommend buying on dips, entering the market with a small position, and taking advantage of the possibility of a rebound near the strong support level of around 1823 points, so investors can consider entering long positions around 1820-1823 with the first profit target at 1845 and the second profit target at 1852, with a stop loss around 1804. Follow me and make trading easier. FXOPEN:XAUUSD TVC:GOLD
TVC:GOLDLong
by Ice_and_Fire1
4
Excellent Buying Opportunity for Gold. On the 4-hour chart of gold, it can be seen that the current candle is supported by the 4-hour Bollinger midline and is oscillating upward. At present, it is once again testing the support level of the previous high and Bollinger midline around 1845, which is an excellent long position to take advantage of! Don't miss this opportunity as it may not come again. There is pressure in the 1860-70 range above, so it is best to consider a short position only after touching that level! Specific strategy: Go long on gold at 1845 with a stop loss at 1837 and a take profit at 1860. I believe there are still many friends who bought long positions around 1860 and may be trapped. You can also consider increasing your position around 1845 and gradually unlocking the profits. Similarly, those who bought long positions at 1850 can also add to their position around 1845 and wait for profit-taking to exit. Remember, your likes, comments, and subscriptions are the greatest encouragement for me. Follow me and let trading become simpler! You are also welcome to read my other ideas below.
TVC:GOLDLong
by Ice_and_Fire1
The opportunity for gold next week is here. Hey, do you remember the perfect curve pressure on gold we talked about a few days ago at 1860? It's getting close now, so how should we view it next? It's still a bullish trend, but with the arrival of the pressure level, the short-term trend of gold is likely to be suppressed first and then rebounded. Short-term trading strategy: It is suggested to focus on buying on dips next week, with short selling as a supplement, and the short-term key resistance level is around 1860-1870. For those who are trapped, this may be an opportunity. (As I do not know where your position is trapped, I cannot provide corresponding strategies. It is recommended to discuss with me directly.) The short-term key support level is around 1845-1840. You can confidently buy on dips. I will also pay close attention to the non-farm data next week and provide recommendations. Welcome everyone to leave a message. TVC:GOLD OANDA:XAUUSD FXOPEN:XAUUSD
FXOPEN:XAUUSDLong
by Ice_and_Fire1
1
Gold buying point is coming soon. The essence of trading is not how much profit can be made in a single trade, but whether one can achieve long-term and stable profitability. Gold encountered resistance near 1860 and fell back. It is about to reach the short-term support level of 1840-1845, which is in line with expectations. Therefore, the next step is to patiently wait for the support level to arrive. In terms of operation, you can directly open a long position at 1840-1845 with a stop loss at 1832 and a target at 1860-1865. If you have other ideas, feel free to leave a message and follow me to make trading easier.
TVC:GOLDLong
by Ice_and_Fire1
1
Gold sneak attack today, the final direction is bullish Trading, don't expect everyone to understand you. Even if you do well, not everyone will like you, and not everyone will praise you for what you do. After all, others care about the results and do not look at the hardships you have endured. The same words can have different meanings depending on the speaker, and the same eyes can see things differently; the same heart can have different thoughts. People can only do their best and have confidence in themselves. You should understand that the market doesn't have sympathy for the weak, and it doesn't believe in tears. Eagles don't need applause to soar; grass can grow even if no one cares for it; wildflowers in the mountains can still be fragrant even if no one appreciates them. You don't need to make people understand what you're doing, you just need to put your heart and soul into it. You don't need to be liked in trading, just be true to yourself! In trading, we need "virtue," and when dealing with people, we need "heart." As shown in the daily chart, the bullish signal is supported at the 1843 area, and resistance is concentrated at the 1875 area. As the market trend changes too quickly, you should avoid blindly chasing the rise and fall. As for short selling, we suggest that you can repeatedly participate in the pressure you encounter. The overall trading strategy is as follows: Resistance: 1853-1875 Support: 1820-1805 Today's trading range: For an aggressive approach, you can enter a short position near the 1860-1865 area, with a stop loss at 1870. You can enter a long position at the 1840-1843 area, with a stop loss at 1832.
TVC:GOLDLong
by Ice_and_Fire1
Gold: Forecast and Trading Strategy for Next Week In the world of trading, the players control the game, the observers understand the game, and the participants play the game within the game. What goes up high enough will eventually fall deep enough, and what falls deep enough will eventually rise high enough. This is an eternal logic in financial markets, where the core lies in volatility that creates value and opportunities. Investors and speculators participate only when there is volatility. The financial market itself does not generate profit, but the speculative price difference of buying low and selling high can produce profit. It is nothing more than buying when someone else sells, or selling when someone else buys. Therefore, to avoid being eliminated, one must understand the game, and to understand the game, one must abide by the market rules. Looking at the daily chart of gold, the downward wave has ended and the rebound phase has begun. Next week's pressure is concentrated in the daily Bollinger upper band at 1875 and the 1870 moving average area! Moreover, on Friday, the market directly broke through the pressure of 1850, so the trend next week will continue to be bullish. After rising above 1870, consider going short! There are two possible trends for the next market. The first is to continue the strong upward trend, directly breaking through the pressure of 1875 and testing the previous high position. The second is to maintain the oscillation within the large range of 1870-1800! Looking at the weekly chart, the bullish trend is slightly stronger, but a big oscillation is inevitable after rising to around 1875! In short, the strategy for next week is to go long first, adjust the mindset according to the trend after the pressure position, and follow my rhythm to continue making profits!
FXOPEN:XAUUSDLong
by triumphing
3
The bottom of gold is established, step back and wait for the op In many cases, when we encounter failures, it is because we lack that little bit of persistence, a little bit of indomitable perseverance. It is clear that the dawn of success is in front of us, but we don't have the confidence and perseverance to persevere. As a result, all the hardships and hardships we have suffered before are in vain. Gold continued Friday's rapid rise, and the short-term pressure and shocks hit the sideways market in the short-term. Friday's breakout has opened up space above, so we follow the market and remain low and bullish during the day. For gold operation, it is recommended to buy at 1848, risk control at 1844, and target 1860~1864. Gold is bullish for several reasons: 1. Gold breaking through the previous high means that the bullish trend is not over yet, and there is still room above the daily closing. 2. The intraday pressure is 1864~1873, and the support is 1848~1844. Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩‍💻
OANDA:XAUUSDLong
by Crazylambboy
5
Gold: Long position, target 1870-1875 Hello everyone, on the hourly chart, gold has formed a double bottom structure and forcefully broke through the previous moving average resistance and the consolidation resistance at 1850. There is no doubt that gold has turned into a bullish trend! Therefore, the only trading strategy is to go long! The target is 1870-1875, which is where the upper band of the Bollinger band is located on the daily chart and has a certain resistance, so the target is set at 1870-1875 for now. The entry points are 1850, 1845, and 1840 respectively. This large range belongs to the support range and is more suitable as a buying point. I will continue to track the gold market and update my trading strategy. Thank you for your attention and support. If you have any questions, please leave a comment and I will provide you with the most sincere and responsible solutions. Wish you success!
FXOPEN:XAUUSDLong
by triumphing
New gold layout with a profit of $100!!!From a technical perspective, gold is currently forming a head and shoulders bottom pattern. To confirm this pattern, the price of gold needs to rise to $1870 and not fall below around $1845 during the subsequent pullback. I believe the success rate of this head and shoulders bottom pattern is above 80%. At the same time, the announcement of February non-farm payroll data is imminent. After the release of last month's non-farm payroll data, gold fell from $1954 to $1865, with a drop of nearly $100. Since then, gold has continued to decline and fluctuate, reaching a low of around $1800. As of now, the price of gold has not yet rebounded above $1900. This shows the significant impact of non-farm payroll data. Given the analysis of the recent trend of gold, we have reason to suspect that the volatility of gold under the influence of non-farm payroll data is highly likely to be more than $40, which is a conservative estimate. Nevertheless, as long as we ensure successful trades, the profit from the same position may not be as high as last month but still substantial. I have already made plans for the arrival of non-farm payroll data. If the data has a significant negative impact on gold, it is highly probable that gold will also fall after a significant rise. If the data has a slightly positive impact on gold, gold is likely to reverse and fall. If the data has a significant positive impact on gold, the probability of gold continuing to rise is very high, and the expectation is that it will rise above $1900 again. This is my expectation for the upcoming non-farm payroll data. Before the release of the non-farm payroll data, I will always pay attention to the changes in the market and adjust my trading strategy flexibly. Of course, I will also share my strategies with everyone. I will continue to follow the gold market and share my trading strategies. Thank you for your attention and support. If you have any questions, please leave a message in the comment section. I will provide you with the most sincere and responsible solutions to help you solve problems.
FXOPEN:XAUUSDLong
by triumphing
The bulls counterattack, can the non-farm week go up to 1900? You understand when others don't understand, you act when others understand, you succeed when others act, and you become rich when others succeed. This is: extraordinary thinking, foresight. Smart people can understand, shrewd people can see accurately, and savvy people can see far. The voice of the wise is the direction of the fool. You must learn to give up what you should not have, otherwise you will not be able to enter the palace of wisdom. Prejudice is worse than ignorance In the past week, the trend of gold price has basically revolved around the rebound of the bulls. The daily level performance closed positive for four days, and it even rose to 1856 at the end of Friday and then closed the line. On the weekly line, a big positive package was formed. The negative reversal pattern, which is what we reminded last week, is the long counterattack after the monthly line ends, which is exactly in line with expectations~ After the monthly line closes, the 5/10 daily moving average indicator at the monthly line level is still bullish in the mid-term. As I said, if the price of gold is above 1790, it is possible to arrange mid-line long orders, but it is a pity that the lowest retracement on Monday is only around 1804, and the mid-line long orders have not been able to complete the layout, but this week's short-term long-term profit is not small~ Although the weekly level of the 5/10 daily moving average is dead fork downward, the reversal of the Dayang K-line directly disrupts the track of the moving average indicator. Next week, the 5-day moving average will form a corner, so the weekly level is basically difficult. Now comes the suppression on the technical side. Lianyang rebounded on the same daily line. The fundamentals of gold at the beginning of next week will definitely be bullish. It is not too difficult for the technical side to be bullish above 1875. In the short term, there may not be any Larger pullback~ Next week will usher in the announcement of the super data ADP employment and non-agricultural employment population. At the beginning of the week, we continue to be basically bullish. With a population of 500,000, it is a major bearish force for gold and silver, but it is difficult to maintain the employment population above 500,000 this month. This is a potential bullish factor that stimulates gold prices to rebound before non-farm payrolls, slowing down the release of non-farm payrolls. Announcing the downward pressure on the US dollar at that time~ To sum up, whether it is before or after non-agricultural, I am personally optimistic about the performance of gold bulls. Before the data at the beginning of the week, it was bullish to the 1875-1885 area, and it is expected to hit the 190 mark within the week. The limit is the 1910-1920 area~ Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩‍💻
OANDA:XAUUSDLong
by Crazylambboy
6
XAUUSD-GOLD Dear traders, hope you all doing great, this will possibly be the last sell entry be on XAUUSD, We have high impact news on XAUUSD and that is why we think, it would be a perfect area to sell gold and target 400-500 pips. We may have the buy limit set around 1780-85 as this is the area every trader is eying on. -Trade Setup will only be valid if we have good rejection to ‘red marked area’. -If price comes to area range enter with 50-60 stop loss. -First target 100 pips once achieved close 50%. -Do not enter earlier with bigger stop loss. -Trade smart and wise.|| Good luck and Trade safe. Remember, Patience Pays.
OANDA:XAUUSDShort
by Setupsfx_
24
What should be noted in hedging gold futures?Generally, traders who participate in buying and selling gold futures contracts sell and buy back the same number of contracts as the previous contract before the contract expiration date, which is known as closing out, without the need for physical delivery of gold. The profit or loss from each transaction is equal to the difference between the buy and sell contracts in opposite directions, and this trading method is commonly known as hedging. Gold investors will hold two losing positions in hedging. It is precisely because their positioning in hedging is somewhat misguided that they suffer heavy losses in actual trading, making people fearful of hedging transactions. Common structural flaws in hedging transactions include: investing too many products in hedging plans, excessively using embedded leverage trading, making products too complex, insufficient research on how hedging transactions are executed in rising or falling prices, and speculating under the guise of hedging. So what should we pay attention to?
FXOPEN:XAUUSDEducation
by StarVenus-